Breaking News Instant updates and real-time market news.

LZB

La-Z-Boy

$28.75

-0.75 (-2.54%)

, AMZN

Amazon.com

$1,495.56

-49.36 (-3.20%)

09:28
03/24/18
03/24
09:28
03/24/18
09:28

La-Z-Boy shares could rally 20% within a year or two, Barron's says

La-Z-Boy (LZB) shares currently trade at 13.8 times forecast earnings for the next 12 months, which is well below the small-cap Russell 2000 index's price/earnings ratio of 25, the Standard & Poor's 500 index's 17, and its own five-year average of 16.3 times forward earnings, writes Barron's Brett Arend. He believes the stock, which closed Friday at $28.75, could merit a valuation of $36 per share, or roughly 20% higher, within a year or two "by simply getting back to its average five-year multiple." Higher consumer spending, a new relationship to sell on Amazon.com (AMZN), and successful efforts to reach millennials could propel the shares even higher, Arend contends. Reference Link

LZB

La-Z-Boy

$28.75

-0.75 (-2.54%)

AMZN

Amazon.com

$1,495.56

-49.36 (-3.20%)

LZB La-Z-Boy
$28.75

-0.75 (-2.54%)

08/01/17
SIDC
08/01/17
DOWNGRADE
SIDC
Neutral
La-Z-Boy downgraded to Neutral from Buy at Sidoti
Sidoti analyst Anthony Lebiedzinski downgraded La-Z-Boy to Neutral due to shares approaching his $36 price target.
08/01/17
08/01/17
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. MGM Resorts (MGM) downgraded to Neutral from Buy at UBS with analyst Robin Farley saying the current valuation, with the shares up 37% over the past 12 months, now captures much of the value of the REIT transaction and improving Las Vegas outlook. 2. Boardwalk Pipeline (BWP) downgraded to Sector Perform from Outperform at RBC Capital with analyst Elvira Scotto saying she expects the stock to be "range bound" until its 2019-2020 outlook become clearer. 3. La-Z-Boy (LZB) downgraded to Neutral from Buy at Sidoti with analyst Anthony Lebiedzinski saying shares are approaching his $36 price target. 4. Regeneron (REGN) downgraded to Underperform from Neutral at Baird with analyst Brian Skorney saying Dupixent expectations have gotten ahead of themselves and consensus numbers currently reflect an overlap with Cosentyx sales which looks like an overestimate. 5. Corporate Office Properties (OFC) downgraded to Sell from Hold at Stifel with analyst John Guinee saying he believes that the Real Estate Investment Trust will be hurt by "persistently weak leasing economics," the expirations of a large number of its leases with high rents, and efforts by defense and IT organization to keep rent costs low. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
AMZN Amazon.com
$1,495.56

-49.36 (-3.20%)

03/20/18
OPCO
03/20/18
NO CHANGE
OPCO
Whole Foods/Amazon Prime Now difficult for grocers to match, says Oppenheimer
Oppenheimer analyst Rupesh Parikh spent time reviewing Amazon's physical grocery efforts including visiting three store types, namely Whole Foods location with Amazon Prime Now, Amazon Fresh grocery pickup, and Amazon Go. The analyst believes the Whole Foods/Amazon Prime Now offering with "free" delivery for Prime members represents potentially the most concerning development as its will be difficult for grocers to match.
03/20/18
CLVD
03/20/18
NO CHANGE
CLVD
Facebook pricing/ROI continuing higher, Twitter feedback constructive, says Cleveland Research
Citing a recent research into the digital advertising channel, Cleveland Research analyst Kevin Rottinghaus says that Facebook (FB) pricing continues to increase, justified by a continued improvement in ROI, and the social media platform appears to be opening more inventory on Instagram and Messenger. Meanwhile, the analyst says Twitter (TWTR) continues to improve in ad technology, advertiser/partner engagement, traffic and users, and the company is seeing some signs that ad dollars are coming back into the platform. Snap, on the other hand, is still seeing limited ad dollars to the platform as ROI and ad tech lag, with app redesign receiving cautious feedback, he contends. The analyst also pointed out that Amazon (AMZN) is viewed as taking incremental dollars otherwise likely to paid search and Google (GOOG; GOOGL), while remaining aggressive in expanding ad tech and sales channels.
03/21/18
ARGS
03/21/18
NO CHANGE
Target $61
ARGS
Buy
Oracle's soft Q4 cloud revenue view spooked the market, says Argus
Argus analyst Joseph Bonner writes that while Oracle (ORCL) posted a beat on Q3 earnings and revenue, along with a "remarkable" margin expansion, investors were spooked by lower than expected outlook for cloud revenue growth in Q4. The analyst contends that the company's key task is conversion of its blue-chip customer base to the cloud, as cloud computing becomes a standard in the next 3-5 years. Bonner adds that Oracle is also competing with "deep-pocketed" technology giants - Amazon (AMZN) Web Services, Microsoft's (MSFT) Azure, and Google (GOOG). The analyst remains positive on Oracle's prospects with a Buy rating and a $61 price target, pointing to the company's strong dividend growth, share buyback program, and below-peer valuation metrics.
03/23/18
JPMS
03/23/18
NO CHANGE
Target $1650
JPMS
Overweight
Smart home a 'significant' growth opportunity for Amazon, says JPMorgan
JPMorgan analyst Doug Anmuth believes the smart home category represents a "significant" growth opportunity for Amazon.com, with 29M connected homes in the U.S. The analyst estimates Amazon's smart home total addressable market is $50B-plus in the U.S. Beyond its size, the smart home is a strategically important category as it provides Amazon with an "in-home presence, greater access to data, and the potential to drive more shopping in other categories through Echo devices/Alexa," Anmuth tells investors in his weekly research note looking into the company's "innovative and disruptive investment areas." The analyst keeps an Overweight rating on Amazon with a $1,650 price target.

TODAY'S FREE FLY STORIES

APTS

Preferred Apartment

$15.37

0.06 (0.39%)

16:47
11/15/18
11/15
16:47
11/15/18
16:47
Hot Stocks
Preferred Apartment acquires 200-unit multifamily community in North Carolina »

Preferred Apartment…

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

CYH

Community Health

$3.59

-0.11 (-2.97%)

16:47
11/15/18
11/15
16:47
11/15/18
16:47
Initiation
Community Health initiated  »

Community Health…

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

MD

Mednax

$39.81

-0.03 (-0.08%)

16:46
11/15/18
11/15
16:46
11/15/18
16:46
Initiation
Mednax initiated  »

Mednax 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

DVA

DaVita

$64.64

0.26 (0.40%)

16:46
11/15/18
11/15
16:46
11/15/18
16:46
Initiation
DaVita initiated  »

DaVita 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

SNE

Sony

$51.61

0.46 (0.90%)

16:45
11/15/18
11/15
16:45
11/15/18
16:45
Periodicals
Sony to skip next year's E3, Kotaku reports »

Sony plans to skip next…

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

NVDA

Nvidia

$202.65

5.43 (2.75%)

16:45
11/15/18
11/15
16:45
11/15/18
16:45
Hot Stocks
Breaking Hot Stocks news story on Nvidia »

Nvidia down 15.7% 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

  • 15

    Nov

  • 19

    Nov

  • 26

    Nov

  • 10

    Dec

ACHC

Acadia

$37.85

0.37 (0.99%)

16:43
11/15/18
11/15
16:43
11/15/18
16:43
Initiation
Acadia initiated  »

Acadia 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

AMED

Amedisys

$121.97

4.88 (4.17%)

16:42
11/15/18
11/15
16:42
11/15/18
16:42
Initiation
Amedisys initiated  »

Amedisys 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

  • 11

    Dec

GOGO

Gogo

$6.57

0.15 (2.34%)

16:42
11/15/18
11/15
16:42
11/15/18
16:42
Syndicate
Breaking Syndicate news story on Gogo »

Gogo files to sell $200M…

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

CCLP

CSI Compressco

$4.80

-0.19 (-3.81%)

16:42
11/15/18
11/15
16:42
11/15/18
16:42
Syndicate
Breaking Syndicate news story on CSI Compressco »

CSI Compressco files 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

SGRY

Surgery Partners

$13.63

0.01 (0.07%)

16:42
11/15/18
11/15
16:42
11/15/18
16:42
Initiation
Surgery Partners initiated  »

Surgery 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

THC

Tenet

$23.70

-0.04 (-0.17%)

16:41
11/15/18
11/15
16:41
11/15/18
16:41
Initiation
Tenet initiated  »

Tenet 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

  • 02

    Dec

IEP

Icahn Enterprises

$67.13

-0.76 (-1.12%)

, DVMT

Dell Technologies

$105.06

-0.69 (-0.65%)

16:41
11/15/18
11/15
16:41
11/15/18
16:41
Hot Stocks
Icahn will withdraw lawsuit against Dell, terminate proxy contest »

Carl Icahn issued a…

IEP

Icahn Enterprises

$67.13

-0.76 (-1.12%)

DVMT

Dell Technologies

$105.06

-0.69 (-0.65%)

VMW

VMware

$157.80

5.39 (3.54%)

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

  • 06

    Dec

  • 11

    Dec

  • 10

    Jan

WSM

Williams-Sonoma

$60.60

-1.16 (-1.88%)

16:40
11/15/18
11/15
16:40
11/15/18
16:40
Hot Stocks
Breaking Hot Stocks news story on Williams-Sonoma »

Williams-Sonoma down…

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

  • 15

    Nov

HCA

HCA Healthcare

$137.72

-2.14 (-1.53%)

16:40
11/15/18
11/15
16:40
11/15/18
16:40
Initiation
HCA Healthcare initiated  »

HCA Healthcare initiated…

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

REDU

Rise Education

$10.20

-0.22 (-2.11%)

16:40
11/15/18
11/15
16:40
11/15/18
16:40
Hot Stocks
Rise Education to purchase 51% equity interests in five learning centers »

Rise Education entered…

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

  • 15

    Nov

SITO

Sito Mobile

$1.12

0.1462 (15.01%)

16:38
11/15/18
11/15
16:38
11/15/18
16:38
Earnings
Sito Mobile reports Q3 EPS (20c) vs (14c) last year »

Reports Q3 revenue…

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

  • 15

    Nov

  • 19

    Nov

LHCG

LHC Group

$96.20

3.08 (3.31%)

16:38
11/15/18
11/15
16:38
11/15/18
16:38
Initiation
LHC Group initiated  »

LHC Group initiated with…

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

  • 11

    Dec

REDU

Rise Education

$10.20

-0.22 (-2.11%)

16:38
11/15/18
11/15
16:38
11/15/18
16:38
Hot Stocks
Rise Education announces $30M share repurchase program »

Rise Education's…

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

  • 15

    Nov

EHC

Encompass Health

$72.31

0.81 (1.13%)

16:37
11/15/18
11/15
16:37
11/15/18
16:37
Initiation
Encompass Health initiated  »

Encompass Health…

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

  • 11

    Dec

HTHT

Huazhu Group

$28.59

0.64 (2.29%)

16:37
11/15/18
11/15
16:37
11/15/18
16:37
Earnings
Huazhu Group sees FY18 revenue growth at high end of 18%-22% range »

Consensus $1.42B. In…

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

  • 15

    Nov

UHS

Universal Health

$127.90

0.61 (0.48%)

16:36
11/15/18
11/15
16:36
11/15/18
16:36
Initiation
Universal Health initiated  »

Universal Health…

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

HTHT

Huazhu Group

$28.59

0.64 (2.29%)

16:36
11/15/18
11/15
16:36
11/15/18
16:36
Earnings
Breaking Earnings news story on Huazhu Group »

Huazhu Group sees Q4…

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

  • 15

    Nov

HTHT

Huazhu Group

$28.59

0.64 (2.29%)

16:36
11/15/18
11/15
16:36
11/15/18
16:36
Earnings
Huazhu Group reports Q3 adjusted EPS 24c, one estimate 27c »

Reports Q3 revenue $403M,…

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

  • 15

    Nov

REDU

Rise Education

$10.20

-0.22 (-2.11%)

16:35
11/15/18
11/15
16:35
11/15/18
16:35
Earnings
Rise Education reports Q3 EPS 9c, two estimates 12c »

Reports Q3 revenue…

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

  • 15

    Nov

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.