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JPM

JPMorgan

$118.77

1.46 (1.24%)

, ONDK

On Deck Capital

$5.27

-0.06 (-1.13%)

08:42
02/27/18
02/27
08:42
02/27/18
08:42

JPMorgan CFO says bank's brands have 'never been stronger'

JPMorgan (JPM) CFO Marianne Lake said the bank's brands have "never been stronger." Says bank is operating from a "position of strength" across all key dimensions. Says expects to continue to buy back stock as "we still see good value in it." Says strong U.S. economic growth pressures GSIB scores, but adds that current GSIB rules could be recalibrated to allow growth. Says marginal costs of trades approaching zero with e-trading. Says looking to scale up On Deck (ONDK) small business service. Says payments business has "strong and stable" returns. Comments taken from JPMorgan Chase's 2018 Investor Day

JPM

JPMorgan

$118.77

1.46 (1.24%)

ONDK

On Deck Capital

$5.27

-0.06 (-1.13%)

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    Feb

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    Apr

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    Jul

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    Oct

JPM JPMorgan
$118.77

1.46 (1.24%)

02/13/18
KBWI
02/13/18
UPGRADE
Target $127
KBWI
Outperform
JPMorgan upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Brian Kleinhanzl upgraded JPMorgan to Outperform with an unchanged price target of $127. The analyst views the recent pullback in the shares as a buying opportunity.
02/13/18
02/13/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. JPMorgan (JPM) upgraded to Outperform from Market Perform at Keefe Bruyette with analyst Brian Kleinhanzl saying he views the recent pullback in the shares as a buying opportunity. 2. Total (TOT) upgraded to Overweight from Equal Weight at Morgan Stanley and to Strong Buy from Outperform at Raymond James. 3. Celgene (CELG) upgraded to Overweight from Equal Weight at Barclays with analyst Geoff Meacham saying the current valuation largely reflects the risk. 4. Quest Diagnostics (DGX) upgraded to Outperform from Neutral at Credit Suisse with analyst A.J. Rice saying he believes the company has "substantial runway on several fronts," including its Optum partnership related to revenue cycle management, which he believes could reduce bad debts and claims denials. 5. Boeing (BA) upgraded to Buy from Hold at Edward Jones. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/21/18
MSCO
02/21/18
NO CHANGE
Target $136
MSCO
Overweight
Morgan Stanley sees JPMorgan turning tax savings into market share gains
Morgan Stanley analyst Betsy Graseck raised her 2022 EPS estimate for JPMorgan (JPM) by 2%, or 34c, stating that she expects the bank to reach top 5 in the 15-20 new markets it previously said it will use a part of its tax savings reinvestments to enter. The 34c in EPS she estimates JPMorgan can add by building out its presence in 20 new markets by 2022 is "far more compelling" than using the same amount of money to buy back stock, which would increase 2022 EPS only 5c, said Graseck. The analyst sees about a third of JPMorgan's new deposit share gains to come from Wells Fargo (WFC) and cut her 2022 EPS forecast for the latter by 1.2%. Graseck keeps an Overweight rating on JPMorgan ahead of the bank's February 27 investor day and increased her price target on the stock to $136 from $133.
02/21/18
JEFF
02/21/18
NO CHANGE
JEFF
JPMorgan price target raised to $131 from $124 at Jefferies
Jefferies analyst Ken Usdin raised his price target on JPMorgan to $131 from $124, as well his FY18/FY19 EPS estimates for the company, ahead of JPMorgan's Investor Day on February 27, where Usdin expects to hear an "upbeat message about the macro backdrop, organic growth, and ongoing investments." Usdin maintained a Buy rating on JPMorgan shares.
ONDK On Deck Capital
$5.27

-0.06 (-1.13%)

04/19/17
STFL
04/19/17
INITIATION
STFL
Buy
On Deck Capital coverage resumed with a Buy at Stifel
Stifel analyst John Davis resumed coverage of OnDeck with a $6 price target and a buy rating. The analyst says that 2017 consensus estimates for the company "are overly pessimistic," yielding "an opportunity in the stock."
05/09/17
STFL
05/09/17
DOWNGRADE
STFL
Hold
On Deck Capital downgraded to Hold from Buy at Stifel
Stifel analyst John Davis downgraded On Deck Capital to Hold and lowered its price target to $4.50 from $6 following the disappointing Q1 report and reduced outlook. The analyst expects credit deterioration to remain a "significant" overhang and does not expect meaningful earnings anytime soon.
05/23/17
05/23/17
UPGRADE
Target $5

Outperform
On Deck Capital upgraded to Outperform from Market Perform at FBR Capital
FBR Capital analyst Bob Ramsey upgraded On Deck Capital to Outperform with a $5 price target after traveling with management. The analyst believes the company's path to profitability creates "significant" upside for the shares over the next 12 months.
05/23/17
05/23/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. McKesson (MCK) upgraded to Overweight from Neutral at JPMorgan with analyst Lisa Gill saying she believes additional value should be unlocked from the Change transaction and that the valuation discount versus peers is unwarranted. 2. Aegion (AEGN) upgraded to Buy from Hold at Craig-Hallum with analyst Eric Stine saying the recent pullback provides an attractive opportunity to own a "high-quality company" with positive trends across much of its business. 3. Wingstop (WING) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Karen Holthouse saying there is upside to her $36 price target. Holthouse believes Wingstop is well positioned for digital ordering and off-premise tailwinds and expects an acceleration in same-store-sales driven by national advertising momentum. 4. Parexel (PRXL) upgraded to Neutral from Sell at Goldman Sachs with analyst Robert Jones citing reduced consensus expectations and industry consolidation. 5. On Deck Capital (ONDK) upgraded to Outperform from Market Perform at FBR Capital with analyst Bob Ramsey saying he believes the company's path to profitability creates "significant" upside for the shares over the next 12 months. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

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PAA

Plains All American

$23.39

-0.14 (-0.59%)

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COP

ConocoPhillips

$70.59

-1.425 (-1.98%)

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FSUMY

Fortescue Metal

$0.00

(0.00%)

20:08
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07/16
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Fortescue Metal rating change at Citi »

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PEP

PepsiCo

$112.95

0.23 (0.20%)

, DISH

Dish

$32.75

-0.84 (-2.50%)

20:02
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PepsiCo to replace Dish in Nasdaq-100 index effective July 23rd »

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PEP

PepsiCo

$112.95

0.23 (0.20%)

DISH

Dish

$32.75

-0.84 (-2.50%)

03/08/13
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MTW

Manitowoc

$26.99

-0.52 (-1.89%)

, CAT

Caterpillar

$138.06

-2.68 (-1.90%)

20:00
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Downgrade
Manitowoc, Caterpillar, Deere, Generac rating change at Goldman Sachs »

Manitowoc downgraded to…

MTW

Manitowoc

$26.99

-0.52 (-1.89%)

CAT

Caterpillar

$138.06

-2.68 (-1.90%)

DE

Deere

$136.19

-1.41 (-1.02%)

GNRC

Generac

$52.40

-0.585 (-1.10%)

03/08/13
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CZR

Caesars

$11.63

0.075 (0.65%)

19:33
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Caesars breaks ground on $375M Caesars Forum in Las Vegas »

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19:25
07/16/18
07/16
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Conference/Events
Morgan Stanley telecom analyst to hold an analyst/industry conference call »

U.S. Equity Strategist…

CAAP

Corporacion America Airport

$9.87

0.08 (0.82%)

19:11
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07/16
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19:11
Hot Stocks
Corporacion America Airport reports June passenger traffic up 5.8% »

Corporacion America…

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RIO

Rio Tinto

$53.64

-0.36 (-0.67%)

19:08
07/16/18
07/16
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Hot Stocks
Rio Tinto announces Q2 Pilbara iron ore production 88.5Mt, up 14% from last year »

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  • 10

    Sep

CDMO

Avid Bioservices

$4.46

-0.19 (-4.09%)

, IGT

International Game

$24.39

-0.5 (-2.01%)

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Hot Stocks
On The Fly: After Hours Movers »

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CDMO

Avid Bioservices

$4.46

-0.19 (-4.09%)

IGT

International Game

$24.39

-0.5 (-2.01%)

BGS

B&G Foods

$29.80

-0.2 (-0.67%)

AG

First Majestic

$7.44

-0.265 (-3.44%)

NFLX

Netflix

$400.24

4.32 (1.09%)

ROKU

Roku

$48.27

-0.52 (-1.07%)

AVEO

Aveo Pharmaceuticals

$2.85

-0.055 (-1.90%)

EOLS

Evolus

$25.08

-1.12 (-4.27%)

TRQ

Turquoise Hill

$2.94

0.11 (3.89%)

CARB

Carbonite

$38.40

-0.1 (-0.26%)

RDFN

Redfin

$23.99

0.46 (1.96%)

NAKD

Naked Brand Group

$4.95

-0.15 (-2.94%)

MTW

Manitowoc

$26.99

-0.52 (-1.89%)

AMZN

Amazon.com

$1,822.02

9.02 (0.50%)

03/08/13
Wedge Partners
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Credit Suisse
03/06/13
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03/06/13
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T

AT&T

$31.90

0.24 (0.76%)

18:58
07/16/18
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Hot Stocks
Warner Bros.' 'Aquaman' film out in theaters December 21 »

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  • 24

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SBGI

Sinclair Broadcast

$29.10

-3.9 (-11.82%)

, TRCO

Tribune Media

$32.05

-6.55 (-16.97%)

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Hot Stocks
Sinclair Broadcast 'shocked and disappointed' by FCC Chairman Pai's statement »

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SBGI

Sinclair Broadcast

$29.10

-3.9 (-11.82%)

TRCO

Tribune Media

$32.05

-6.55 (-16.97%)

03/08/13
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03/06/13
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  • 08

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DE

Deere

$136.19

-1.41 (-1.02%)

18:49
07/16/18
07/16
18:49
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18:49
Downgrade
Deere rating change at Goldman Sachs »

Deere downgraded to Buy…

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CAT

Caterpillar

$138.06

-2.68 (-1.90%)

18:49
07/16/18
07/16
18:49
07/16/18
18:49
Downgrade
Caterpillar rating change at Goldman Sachs »

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  • 30

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RIO

Rio Tinto

$53.64

-0.36 (-0.67%)

18:48
07/16/18
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Hot Stocks
Rio Tinto says FY18 Pilbara shipments will be at upper end of prior forecast »

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  • 10

    Sep

NFLX

Netflix

$400.24

4.32 (1.09%)

18:41
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Hot Stocks
Breaking Hot Stocks news story on Netflix »

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  • 16

    Jul

NFLX

Netflix

$400.24

4.32 (1.09%)

18:39
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Breaking Hot Stocks news story on Netflix »

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  • 16

    Jul

IBM

IBM

$145.43

-0.48 (-0.33%)

, GRPN

Groupon

$4.70

0.025 (0.53%)

18:32
07/16/18
07/16
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07/16/18
18:32
Periodicals
IBM seeks $166.5M in damages from Groupon in patent lawsuit, Bloomberg says »

IBM (IBM) is requesting…

IBM

IBM

$145.43

-0.48 (-0.33%)

GRPN

Groupon

$4.70

0.025 (0.53%)

03/08/13
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  • 18

    Jul

LGF.A

Lionsgate

$25.33

-0.58 (-2.24%)

, LGF.B

Lionsgate

$23.85

-0.69 (-2.81%)

18:30
07/16/18
07/16
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Hot Stocks
Lionsgate announces Dr. John Malone, Scott Paterson to retire from board »

On July 11, Dr. John…

LGF.A

Lionsgate

$25.33

-0.58 (-2.24%)

LGF.B

Lionsgate

$23.85

-0.69 (-2.81%)

03/08/13
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  • 09

    Aug

GNRC

Generac

$52.40

-0.585 (-1.10%)

18:30
07/16/18
07/16
18:30
07/16/18
18:30
Downgrade
Generac rating change at Goldman Sachs »

Generac downgraded to…

03/08/13
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03/06/13
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MTW

Manitowoc

$26.99

-0.52 (-1.89%)

18:29
07/16/18
07/16
18:29
07/16/18
18:29
Downgrade
Manitowoc rating change at Goldman Sachs »

Manitowoc downgraded to…

03/08/13
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NFLX

Netflix

$400.24

4.32 (1.09%)

18:27
07/16/18
07/16
18:27
07/16/18
18:27
Hot Stocks
Breaking Hot Stocks news story on Netflix »

Netflix CEO says median…

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  • 16

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