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WIT

Wipro

$5.25

0.07 (1.35%)

11:23
04/09/18
04/09
11:23
04/09/18
11:23

Wipro upgraded to Hold from Reduce at BNP Paribas

WIT Wipro
$5.25

0.07 (1.35%)

09/18/17
09/18/17
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. Finish Line (FINL) downgraded to Underweight from Neutral at Piper Jaffray with analyst Erinn Murphy saying she sees further downside risk to estimates. 2. United Continental (UAL) downgraded to Neutral from Buy at Buckingham with the firm's analyst cutting his 2018 pre-tax earnings forecast by 20% and expects the multiple to contract further as consensus estimates are reset lower. 3. Brooks Automation (BRKS) downgraded to Hold from Buy at Needham with analyst Y. Edwin Mok citing valuation. 4. Wipro (WIT) downgraded to Sell from Neutral at Goldman Sachs with the firm saying earnings growth stays anemic while valuation is rich. 5. Taubman Centers (TCO) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Richard Hill stating that while Taubman owns the highest quality portfolio of malls, its second quarter results showed its smaller portfolio may give it less negotiating leverage with retailers than peers. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/22/18
FBCO
01/22/18
DOWNGRADE
FBCO
Underperform
Wipro downgraded to Underperform from Neutral at Credit Suisse
01/22/18
FBCO
01/22/18
DOWNGRADE
Target $270
FBCO
Underperform
Wipro downgraded to Underperform with $270 target at Credit Suisse
Credit Suisse analyst Anantha Narayan downgraded Wipro to Underperform from Neutral and lowered his price target for the shares to $270 from $290. The recent rally in the shares factors in a strong recovery, but that "remains elusive," Narayan tells investors in a research note. While the number of Wipro clients providing at least $50M in revenue has improved, client mining has deteriorated outside its top 10 accounts, the analyst contends. He notes the stock's price-to-earnings multiple is at a three-year high.
03/07/18
LOOP
03/07/18
NO CHANGE
Target $1700
LOOP
Buy
Amazon.com price target raised to $1,700 from $1,600 at Loop Capital
Loop Capital analyst Anthony Chukumba raised his price target on Amazon.com (AMZN) to $1,700, saying his call with Wipro (WIT) Technologies Partner and head of financial Services David Breitling added to his confidence in the profitable growth of AWS "for many years". Chukumba keeps his Buy rating on Amazon, further noting the sustainability of AWS business whereby it is "very rare for a company to migrate data or computing resources to the public cloud and then later bring them back on-premise".

TODAY'S FREE FLY STORIES

LB

L Brands

$34.53

-0.75 (-2.13%)

08:37
11/20/18
11/20
08:37
11/20/18
08:37
Recommendations
L Brands analyst commentary  »

Jefferies encouraged by L…

03/08/13
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  • 20

    Nov

PAYC

Paycom

$113.16

-10.5 (-8.49%)

08:37
11/20/18
11/20
08:37
11/20/18
08:37
Hot Stocks
Paycom announces $150M stock repurchase plan »

Paycom Software announced…

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  • 26

    Nov

  • 05

    Dec

TPNL

3PEA International

$3.90

0.12 (3.17%)

08:36
11/20/18
11/20
08:36
11/20/18
08:36
Hot Stocks
3PEA International appoints Egon Kardum as Chief Information Officer »

3PEA International (TPNL)…

03/08/13
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ROST

Ross Stores

$91.19

-4.09 (-4.29%)

08:36
11/20/18
11/20
08:36
11/20/18
08:36
Earnings
Breaking Earnings news story on Ross Stores »

Ross Stores sees FY18 EPS…

03/08/13
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  • 20

    Nov

EGLE

Eagle Bulk Shipping

$4.46

-0.26 (-5.51%)

08:35
11/20/18
11/20
08:35
11/20/18
08:35
Hot Stocks
Eagle Bulk Shipping expands fleet scrubber initiative »

Eagle Bulk Shipping…

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ROST

Ross Stores

$91.19

-4.09 (-4.29%)

08:35
11/20/18
11/20
08:35
11/20/18
08:35
Earnings
Ross Stores sees Q4 EPS $1.09-$1.14, consensus $1.08 »

CEO Barbara Rentler said,…

03/08/13
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03/08/13
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03/06/13
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  • 20

    Nov

TRHC

Tabula Rasa HealthCare

$59.93

-6.71 (-10.07%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Recommendations
Tabula Rasa HealthCare analyst commentary  »

Tabula Rasa HealthCare…

03/08/13
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  • 27

    Nov

OSIS

OSI Systems

$72.40

-1.93 (-2.60%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Hot Stocks
OSI Systems awarded $16M contract to provide service, maintenance support »

OSI Systems announced…

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PRPO

Precipio

$0.29

0.0062 (2.17%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Conference/Events
Precipio to hold a webinar »

Webinar entitled,…

03/08/13
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CFX

Colfax

$23.72

-4.285 (-15.30%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Recommendations
Colfax analyst commentary  »

Colfax sale of Air &…

03/08/13
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ROST

Ross Stores

$91.19

-4.09 (-4.29%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Earnings
Ross Stores reports Q3 EPS 91c, consensus 90c »

Reports Q3 revenue…

03/08/13
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  • 20

    Nov

FNKO

Funko

$15.18

-1.06 (-6.53%)

, FL

Foot Locker

$48.79

-2.08 (-4.09%)

08:33
11/20/18
11/20
08:33
11/20/18
08:33
Hot Stocks
Funko partners with Foot Locker for NBA Pop! line »

Funko (FNKO) announced…

FNKO

Funko

$15.18

-1.06 (-6.53%)

FL

Foot Locker

$48.79

-2.08 (-4.09%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 20

    Nov

LIVN

LivaNova

$120.28

-4.97 (-3.97%)

08:33
11/20/18
11/20
08:33
11/20/18
08:33
Recommendations
LivaNova analyst commentary  »

CMS proposal opens…

03/08/13
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  • 20

    Nov

  • 27

    Nov

HEAR

Turtle Beach

$14.71

-0.46 (-3.03%)

08:33
11/20/18
11/20
08:33
11/20/18
08:33
Hot Stocks
Turtle Beach announces partnership with Redbox »

Turtle Beach announced a…

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  • 14

    Dec

SPTN

SpartanNash

$18.03

0.07 (0.39%)

08:33
11/20/18
11/20
08:33
11/20/18
08:33
Hot Stocks
SpartanNash to acquire Martin's Super Markets »

SpartanNash announced it…

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LIVN

LivaNova

$120.28

-4.97 (-3.97%)

08:32
11/20/18
11/20
08:32
11/20/18
08:32
Hot Stocks
LivaNova says CMS proposes to expand Medicare coverage for VNS Therapy for TRD »

LivaNova commented on the…

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  • 20

    Nov

  • 27

    Nov

EAST

Eastside Distilling

$7.35

-0.14 (-1.87%)

08:32
11/20/18
11/20
08:32
11/20/18
08:32
Syndicate
Eastside Distilling 1.235M share Spot Secondary priced at $6.50 »

Roth Capital acted as…

03/08/13
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  • 04

    Dec

  • 20

    Nov

TBPH

Theravance Biopharma

$26.25

0.01 (0.04%)

08:32
11/20/18
11/20
08:32
11/20/18
08:32
Hot Stocks
Theravance Biopharma doses first patient in Phase 2 clinical trial of TD-1473 »

Theravance Biopharma…

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  • 27

    Nov

  • 18

    Dec

RTW

RTW Retailwinds

$3.50

(0.00%)

, NWY

New York & Co.

$3.50

(0.00%)

08:30
11/20/18
11/20
08:30
11/20/18
08:30
Options
One new option listing and one option delisting on November 20th »

New option listings for…

RTW

RTW Retailwinds

$3.50

(0.00%)

NWY

New York & Co.

$3.50

(0.00%)

03/08/13
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  • 29

    Nov

CASY

Casey's General Stores

$126.64

-1.85 (-1.44%)

08:28
11/20/18
11/20
08:28
11/20/18
08:28
Recommendations
Casey's General Stores analyst commentary  »

Casey's General…

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DB

Deutsche Bank

$9.77

-0.045 (-0.46%)

08:28
11/20/18
11/20
08:28
11/20/18
08:28
Periodicals
German watchdog requests information from Deutsche on Danske, Reuters reports »

German financial watchdog…

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03/06/13
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MDT

Medtronic

$90.40

-3.28 (-3.50%)

08:28
11/20/18
11/20
08:28
11/20/18
08:28
Earnings
Medtronic sees Q3 adjusted EPS $1.23-$1.25, consensus 1.26 »

Sees Q3 organic revenue…

03/08/13
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  • 20

    Nov

  • 03

    Dec

URBN

Urban Outfitters

$35.61

-1.45 (-3.91%)

08:26
11/20/18
11/20
08:26
11/20/18
08:26
Recommendations
Urban Outfitters analyst commentary  »

Urban Outfitters price…

03/08/13
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GRUB

GrubHub

$80.35

-7.08 (-8.10%)

08:26
11/20/18
11/20
08:26
11/20/18
08:26
Initiation
GrubHub initiated  »

GrubHub assumed with a…

03/08/13
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03/06/13
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MDT

Medtronic

$90.40

-3.28 (-3.50%)

08:26
11/20/18
11/20
08:26
11/20/18
08:26
Hot Stocks
Medtronic says 'highly focused' on improving free cash flow »

Says continues to execute…

03/08/13
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  • 20

    Nov

  • 03

    Dec

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