Breaking News Instant updates and real-time market news.

ABBV

AbbVie

$114.20

1.12 (0.99%)

13:04
02/15/18
02/15
13:04
02/15/18
13:04

AbbVie up 2.5% after announcing dividend hike, $10B addition to buyback

After resuming trading, AbbVie shares are up $2.81, or 2.48%, to $115.95.

  • 16

    Feb

  • 08

    Mar

ABBV AbbVie
$114.20

1.12 (0.99%)

01/30/18
01/30/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. AbbVie (ABBV) downgraded to Underperform from Market Perform by analyst Alex Arfaei, who said the risk/reward has "meaningfully changed" after the rise in the stock price, adding that the new focus on fundamentals beyond the benefits of tax reform suggests "significant price erosion in immunology driven by interchangeable biosimilar anti-TNFs, and lower effectiveness of the 'Rebate Trap' to block access to cheap biosimilars". 2. iRobot (IRBT) downgraded to Neutral from Buy at Sidoti by analyst Frank Camma, who cited valuation as shares approach his $98 price target. 3. Horizon Global (HZN) downgraded to Market Perform from Outperform at BMO Capital by analyst Gerrick Johnson, who said that while he still sees "strong demand in key end markets," operation execution, rising input costs, and high debt levels are concerning. The analyst added that the company may have "lost the faith of investors" after a 30% drop in the stock price following the guidance cut. 4. Yum! Brands (YUM) downgraded to Neutral from Buy at Nomura Instinet by analyst Mark Kalinowshi, who cited valuation and concerns a possible 2018 slowdown in U.S. same-store-sales. 5. Alaska Air (ALK) downgraded to Underweight from Neutral at JPMorgan by analyst Jamie Baker, who noted that the airline is the only name where he had to cut his 2019 estimates. He also believes the company "remains in the United crosshairs in San Francisco." The analyst also downgraded Southwest (LUV) to Neutral from Overweight, and said he believes better relative value exists elsewhere in the Airlines sector. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/31/18
JEFF
01/31/18
NO CHANGE
JEFF
Jefferies sees neutral impact on Biotech from State of the Union
Jefferies analyst Michael Yee sees a net neutral impact on Biotech stocks from President Trump's State of the Union speech last night. During the speech, Trump made comments about making lower drug prices a "priority" for the year, Yee tells investors in a research not titled "Drug Pricing Comments Not New or Surprising - But a Reminder of Rhetoric." The President, however, also commented on broader access to novel clinical trial drugs, Yee points out. After a "strong biotech rally" in January, the analyst assumes the sector, "at some point," will have some relative near-term pullback either on uncertainty about Trump commentary or some consolidation. Some of the analyst's Buy-rated names include AbbVie (ABBV), Amgen (AMGN), Eli Lilly (LLY) and Gilead Sciences (GILD).
02/02/18
ARGS
02/02/18
NO CHANGE
Target $145
ARGS
Buy
AbbVie price target raised to $145 from $120 at Argus
Argus analyst David Toung raised his price target on AbbVie to $145 and kept his Buy rating after a "solid" Q4 earnings report that also included a substantial boost from lower tax rates. Toung says AbbVie is likely to submit more applications for new products and expanded indications of existing drugs this year as it develops new growth drivers such as Imbruvica and Mavyret to complement the current large contribution from Humira.
02/05/18
JEFF
02/05/18
NO CHANGE
Target $25
JEFF
Hold
Acorda remains takeover candidate after competitor data, says Jefferies
Jefferies analyst Michael Yee believes the positive Phase III topline results from Acorda Therapeutics (ACOR) competitor Sunovion for APL-130277 in Parkinson's patients came in as expected. While APL-130277 data compares favorably over Inbrija's 3.92 point difference at week 12, Yee cautions to compare directly head-to-head since patient baseline characteristics could be different. Acorda remains a "reasonably likely" acquisition candidate in 2018 given its $300M-$500M-plus Parkinson's asset Inbrija, Yee tells investors in a research note. The analyst does not think Biogen (BIIB) should buy the company, but sees other potential suitors in AbbVie (ABBV), Allergan (AGN), Mitsubishi, Roche (RHHBY) and Shire (SHPG). He believes a takeover price could be north of $2B. Yee keeps a Hold rating on Acorda with a $25 price target.

TODAY'S FREE FLY STORIES

01:55
12/14/18
12/14
01:55
12/14/18
01:55
General news
Asian Market Wrap: »

Asian Market Wrap:…

LVMHY

Lvmh ADR

$0.00

(0.00%)

, BEL

Belmond

$17.67

-0.3 (-1.67%)

19:07
12/13/18
12/13
19:07
12/13/18
19:07
Periodicals
LVMH near deal to acquire Belmond for $25 per share in cash, WSJ says »

LVMH (LVMHY) is near a…

LVMHY

Lvmh ADR

$0.00

(0.00%)

BEL

Belmond

$17.67

-0.3 (-1.67%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GS

Goldman Sachs

$175.87

-0.88 (-0.50%)

, JPM

JPMorgan

$101.08

0.03 (0.03%)

19:03
12/13/18
12/13
19:03
12/13/18
19:03
Periodicals
Goldman, JPMorgan, Citi invest in startup AccessFintech, Reuters says »

Goldman Sachs (GS),…

GS

Goldman Sachs

$175.87

-0.88 (-0.50%)

JPM

JPMorgan

$101.08

0.03 (0.03%)

C

Citi

$55.77

-0.22 (-0.39%)

CS

Credit Suisse

$11.26

-0.07 (-0.62%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Jan

  • 26

    Feb

  • 15

    Apr

  • 13

    Jul

TIK

Tel-Instrument

$3.05

(0.00%)

, SGMS

Scientific Games

$15.77

-1.31 (-7.67%)

18:45
12/13/18
12/13
18:45
12/13/18
18:45
Hot Stocks
Fly Intel: After Hours Movers »

HIGHER: Tel-Instrument…

TIK

Tel-Instrument

$3.05

(0.00%)

SGMS

Scientific Games

$15.77

-1.31 (-7.67%)

XPO

XPO Logistics

$44.33

-15.92 (-26.42%)

COST

Costco

$226.41

-1.41 (-0.62%)

ADBE

Adobe

$247.71

2.27 (0.92%)

YECO

Yulong Eco-Materials

$5.00

0.42 (9.17%)

SBUX

Starbucks

$66.90

0.8 (1.21%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

  • 13

    Dec

  • 13

    Dec

  • 14

    Dec

NXST

Nexstar

$85.78

-1.98 (-2.26%)

, SBGI

Sinclair Broadcast

$28.74

-1.2 (-4.01%)

18:31
12/13/18
12/13
18:31
12/13/18
18:31
Hot Stocks
DOJ reaches settlement with Nexstar »

The Department of Justice…

NXST

Nexstar

$85.78

-1.98 (-2.26%)

SBGI

Sinclair Broadcast

$28.74

-1.2 (-4.01%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HBM

Hudbay Minerals

$4.79

-0.11 (-2.24%)

18:18
12/13/18
12/13
18:18
12/13/18
18:18
Hot Stocks
Hudbay Minerals says Waterton has withdrawn its special meeting requisition »

Hudbay Minerals announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Feb

FB

Facebook

$145.07

0.81 (0.56%)

, T

AT&T

$29.91

-0.26 (-0.86%)

18:17
12/13/18
12/13
18:17
12/13/18
18:17
Periodicals
Facebook seeks to sell cable TV subscriptions, Recode says »

Facebook (FB) is seeking…

FB

Facebook

$145.07

0.81 (0.56%)

T

AT&T

$29.91

-0.26 (-0.86%)

CBS

CBS

$47.90

-0.76 (-1.56%)

LGF.A

Lionsgate

$15.75

-0.87 (-5.23%)

LGF.B

Lionsgate

$14.60

-0.635 (-4.17%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Dec

  • 20

    Dec

  • 30

    Jan

  • 20

    Mar

QCOM

Qualcomm

$58.09

0.36 (0.62%)

, AAPL

Apple

$170.93

1.84 (1.09%)

18:12
12/13/18
12/13
18:12
12/13/18
18:12
Periodicals
Judge says evidence of Apple switch can't be used in Qualcomm case, Reuters says »

A federal judge…

QCOM

Qualcomm

$58.09

0.36 (0.62%)

AAPL

Apple

$170.93

1.84 (1.09%)

INTC

Intel

$48.29

0.46 (0.96%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Jan

XPO

XPO Logistics

$44.33

-15.92 (-26.42%)

18:10
12/13/18
12/13
18:10
12/13/18
18:10
Hot Stocks
XPO Logistics says report from short selling firm 'intentionally misleading' »

XPO Logistics issued the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EQNR

Equinor

$22.97

0.08 (0.35%)

18:08
12/13/18
12/13
18:08
12/13/18
18:08
Downgrade
Equinor rating change at Goldman Sachs »

Equinor downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EQNR

Equinor

$22.97

0.08 (0.35%)

18:03
12/13/18
12/13
18:03
12/13/18
18:03
Downgrade
Equinor rating change at Goldman Sachs »

Equinor downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AAPL

Apple

$170.93

1.84 (1.09%)

18:01
12/13/18
12/13
18:01
12/13/18
18:01
Periodicals
Apple Connect to shut down in 2019, Apple Insider says »

According to a report out…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LOB

Live Oak Bancshares

$15.19

0.09 (0.60%)

17:58
12/13/18
12/13
17:58
12/13/18
17:58
Hot Stocks
Live Oak Bancshares President Neil Lawrence Underwood buys 15,546 shares »

Live Oak Bancshares…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SBUX

Starbucks

$66.90

0.8 (1.21%)

17:55
12/13/18
12/13
17:55
12/13/18
17:55
Hot Stocks
Starbucks slips after cutting long-term EPS target »

Shares of Starbucks…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

  • 14

    Dec

AAPL

Apple

$170.93

1.84 (1.09%)

17:53
12/13/18
12/13
17:53
12/13/18
17:53
Periodicals
Apple Connect to shut down in 2019 »

According to a report out…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HESM

Hess Midstream Partners

$19.93

0.5 (2.57%)

17:53
12/13/18
12/13
17:53
12/13/18
17:53
Recommendations
Hess Midstream Partners analyst commentary at MUFG »

Hess Midstream Partners…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ADBE

Adobe

$247.71

2.27 (0.92%)

17:46
12/13/18
12/13
17:46
12/13/18
17:46
Hot Stocks
Adobe says adding Marketo immediately adds revenue growth »

Says entire document…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

AES

AES Corp.

$15.78

-0.11 (-0.69%)

17:45
12/13/18
12/13
17:45
12/13/18
17:45
Conference/Events
AES Corp. management to meet with SunTrust »

Group dinner to be held…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

MTN

Vail Resorts

$221.16

-3.77 (-1.68%)

17:42
12/13/18
12/13
17:42
12/13/18
17:42
Hot Stocks
Vail Resorts director John Sorte sells over $500,000 in company shares »

Vail Resorts director…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

YECO

Yulong Eco-Materials

$5.00

0.42 (9.17%)

17:42
12/13/18
12/13
17:42
12/13/18
17:42
Hot Stocks
Yulong Eco-Materials delisting from Nasdaq »

Yulong Eco-Materials has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

OLP

One Liberty Properties

$26.17

-0.09 (-0.34%)

17:42
12/13/18
12/13
17:42
12/13/18
17:42
Hot Stocks
One Liberty Properties acquires industrial property in Missouri for $10M »

One Liberty Properties…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UNFI

United Natural Foods

$11.58

-1.18 (-9.25%)

17:38
12/13/18
12/13
17:38
12/13/18
17:38
Hot Stocks
United Natural Foods Chairman Steven Spinner buys 18,000 shares »

United Natural Foods…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EME

Emcor

$64.78

-1.07 (-1.62%)

17:37
12/13/18
12/13
17:37
12/13/18
17:37
Initiation
Emcor initiated at Maxim »

Emcor initiated with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CECE

CECO Environmental

$7.54

-0.14 (-1.82%)

17:36
12/13/18
12/13
17:36
12/13/18
17:36
Initiation
CECO Environmental initiated at Maxim »

CECO Environmental…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

  • 14

    Dec

CPA

Copa Holdings

$77.37

-2.55 (-3.19%)

17:34
12/13/18
12/13
17:34
12/13/18
17:34
Hot Stocks
Copa Holdings reports November traffic up 6.7% »

Copa Holdings released…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.