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VRTU

Virtusa

$49.63

-0.84 (-1.66%)

06:36
05/15/18
05/15
06:36
05/15/18
06:36

Virtusa sees FY19 non-GAAP EPS $2.08-$2.32, consensus $2.21

Sees FY19 revenue $1.230B-$1.270B, consensus $1.21B.

  • 15

    May

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    May

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    May

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    May

  • 07

    Jun

VRTU Virtusa
$49.63

-0.84 (-1.66%)

04/04/18
RHCO
04/04/18
DOWNGRADE
Target $51
RHCO
Hold
Virtusa downgraded to Hold at SunTrust on more limited near-term upside
As reported earlier, SunTrust analyst Frank Atkins downgraded Virtusa to Hold from Buy and lowered his price target to $51 from $55. Atkins notes that while Virtusa stock has risen 166% since November of 2016, future upside may be more limited amid increasing pricing pressure within the mid-to-high quartile of work as evidenced by the findings in his recent CIO survey, stabilization in the rate of growth within the management/technical consulting industry, and a less diversified client base.
04/04/18
04/04/18
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. PTC Therapeutics (PTCT) downgraded to Underweight from Equal Weight at Barclays with analyst Gena Wang saying she sees limited upside to 2018 revenue expectations and believes PTC's growth trajectory is fully priced in at current valuation levels. 2. Cloudera (CLDR) downgraded to Neutral from Overweight at JPMorgan and to Hold from Buy at Deutsche Bank. 3. Domino's Pizza (DPZ) downgraded to Hold from Buy at Deutsche Bank with analyst Brett Levy citing valuation. 4. Virtusa (VRTU) downgraded to Hold from Buy at SunTrust with analyst Frank Atkins saying while Virtusa stock has risen 166% since November of 2016, future upside may be more limited. 5. ResMed (RMD) downgraded to Neutral from Buy at Citi with analyst Victor Windeyer citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, Reference Link
04/10/18
NEED
04/10/18
UPGRADE
NEED
Strong Buy
Virtusa upgraded to Strong Buy from Buy at Needham
04/10/18
NEED
04/10/18
UPGRADE
Target $65
NEED
Strong Buy
Virtusa upgraded to Strong Buy at Needham after stock price pullback
As reported earlier, Needham analyst Mayank Tandon upgraded Virtusa to Strong Buy from Buy with a price target of $65. The analyst cites the recent pullback in the stock price giving him greater confidence in the upside, saying the company "remains well positioned to sustain above-industry revenue growth, expand operating margins, and deliver industry-leading 20-25% EPS growth" over medium to long term. Tandon is especially positive on the online banking vertical prospects while also noting improvements in insurance, healthcare, and telecom industries, adding the stock has as much as 45% upside to his $65 price target.

TODAY'S FREE FLY STORIES

HYGS

Hydrogenics

$6.15

0.05 (0.82%)

07:05
09/19/18
09/19
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07:05
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Hydrogenics to supply 2.5-megawatt energy storage solution for Haeolus project »

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  • 15

    Nov

TPX

Tempur Sealy

$55.12

1.16 (2.15%)

, SNBR

Sleep Number

$37.25

0.44 (1.20%)

07:03
09/19/18
09/19
07:03
09/19/18
07:03
Recommendations
Tempur Sealy, Sleep Number, Purple, Taken private analyst commentary  »

Antidumping petition…

TPX

Tempur Sealy

$55.12

1.16 (2.15%)

SNBR

Sleep Number

$37.25

0.44 (1.20%)

PRPL

Purple

$5.49

0.08 (1.48%)

MFRM

Taken private

$0.00

(0.00%)

03/08/13
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UNM

Unum Group

$38.49

2.07 (5.68%)

07:03
09/19/18
09/19
07:03
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07:03
Hot Stocks
Unum Group selects Clearwater for investment accounting system solution »

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CSIQ

Canadian Solar

$14.89

0.24 (1.64%)

07:02
09/19/18
09/19
07:02
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07:02
Hot Stocks
Canadian Solar to supply 164 MW of modules to project in Spain »

Canadian Solar has been…

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VCRA

Vocera

$33.51

0.01 (0.03%)

07:02
09/19/18
09/19
07:02
09/19/18
07:02
Initiation
Vocera initiated  »

Vocera initiated with a…

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  • 27

    Nov

PAH

Platform Specialty Products

$12.80

0.01 (0.08%)

06:58
09/19/18
09/19
06:58
09/19/18
06:58
Downgrade
Platform Specialty Products rating change  »

Platform Specialty…

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UNP

Union Pacific

$163.70

6.97 (4.45%)

, CNI

Canadian National

$87.47

-0.195 (-0.22%)

06:56
09/19/18
09/19
06:56
09/19/18
06:56
Recommendations
Union Pacific, Canadian National, Canadian Pacific, CSX analyst commentary  »

Union Pacific shares…

UNP

Union Pacific

$163.70

6.97 (4.45%)

CNI

Canadian National

$87.47

-0.195 (-0.22%)

CP

Canadian Pacific

$206.96

1.38 (0.67%)

CSX

CSX

$74.12

0.77 (1.05%)

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

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  • 19

    Sep

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    Sep

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    Oct

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    Oct

  • 06

    Nov

ROIC

Retail Opportunity

$18.87

-0.215 (-1.13%)

06:55
09/19/18
09/19
06:55
09/19/18
06:55
Initiation
Retail Opportunity initiated  »

Retail Opportunity…

03/08/13
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03/06/13
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  • 24

    Oct

AFIN

American Finance Trust

$17.52

0.53 (3.12%)

06:50
09/19/18
09/19
06:50
09/19/18
06:50
Initiation
American Finance Trust initiated  »

American Finance Trust…

03/08/13
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03/08/13
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Citigroup
03/06/13
Barclays

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SPWR

SunPower

$7.55

0.97 (14.74%)

, FSLR

First Solar

$49.56

1.81 (3.79%)

06:50
09/19/18
09/19
06:50
09/19/18
06:50
Recommendations
SunPower, First Solar analyst commentary  »

JPMorgan 'warming…

SPWR

SunPower

$7.55

0.97 (14.74%)

FSLR

First Solar

$49.56

1.81 (3.79%)

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

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AN

AutoNation

$43.09

-0.41 (-0.94%)

06:50
09/19/18
09/19
06:50
09/19/18
06:50
Hot Stocks
AutoNation extends CEO Mike Jackson's contract »

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  • 06

    Nov

ZYME

Zymeworks

$14.40

0.035 (0.24%)

06:48
09/19/18
09/19
06:48
09/19/18
06:48
Hot Stocks
Zymeworks names Anthony Polverino Chief Scientific Officer »

Zymeworks has named…

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SEDG

SolarEdge

$42.00

-0.05 (-0.12%)

06:45
09/19/18
09/19
06:45
09/19/18
06:45
Recommendations
SolarEdge analyst commentary  »

SolarEdge tariff risk…

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

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06:45
09/19/18
09/19
06:45
09/19/18
06:45
General news
Breaking General news story  »

Week of 9/14 MBA Mortgage…

IBKC

Iberiabank

$83.70

-0.5 (-0.59%)

06:44
09/19/18
09/19
06:44
09/19/18
06:44
Conference/Events
Iberiabank management to meet with Piper Jaffray »

Meetings to be held in…

03/08/13
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Citigroup
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  • 19

    Sep

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    Sep

KBR

KBR

$20.19

0.37 (1.87%)

06:44
09/19/18
09/19
06:44
09/19/18
06:44
Downgrade
KBR rating change  »

KBR downgraded to Neutral…

03/08/13
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AZO

AutoZone

$732.74

-14.79 (-1.98%)

06:41
09/19/18
09/19
06:41
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06:41
Recommendations
AutoZone analyst commentary  »

AutoZone price target…

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  • 29

    Oct

BAYRY

Bayer

$0.00

(0.00%)

06:40
09/19/18
09/19
06:40
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06:40
Periodicals
Bayer wants to overturn $289M in damages ordered in weed killer case, WSJ says »

Bayer is looking to…

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  • 20

    Sep

  • 29

    Oct

LYB

LyondellBasell

$102.16

-1.3 (-1.26%)

06:38
09/19/18
09/19
06:38
09/19/18
06:38
Downgrade
LyondellBasell rating change  »

JPMorgan downgrades…

03/08/13
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03/06/13
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BTC

Bitcoin

$0.00

(0.00%)

, BITCOIN

Bitcoin

$0.00

(0.00%)

06:36
09/19/18
09/19
06:36
09/19/18
06:36
Periodicals
CEO says blockchain 'not ready' to fully support global supply chain, CNBC says »

Tradeshift CEO and…

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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PCRX

Pacira

$47.85

1.6 (3.46%)

06:36
09/19/18
09/19
06:36
09/19/18
06:36
Recommendations
Pacira analyst commentary  »

Pacira price target…

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

Wabco

$114.86

-0.6 (-0.52%)

, BIDU

Baidu

$216.99

-0.58 (-0.27%)

06:34
09/19/18
09/19
06:34
09/19/18
06:34
Hot Stocks
Wabco and Baidu to collaborate on commercial vehicle autonomous driving »

Wabco (WBC) signed a…

WBC

Wabco

$114.86

-0.6 (-0.52%)

BIDU

Baidu

$216.99

-0.58 (-0.27%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
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  • 25

    Sep

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  • 06

    Nov

NVCR

Novocure

$49.00

2.625 (5.66%)

06:34
09/19/18
09/19
06:34
09/19/18
06:34
Recommendations
Novocure analyst commentary  »

Novocure price target…

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

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CBRL

Cracker Barrel

$143.77

-6.93 (-4.60%)

06:30
09/19/18
09/19
06:30
09/19/18
06:30
Recommendations
Cracker Barrel analyst commentary  »

Cracker Barrel needs…

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

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  • 26

    Sep

BABA

Alibaba

$156.64

-2.12 (-1.34%)

06:30
09/19/18
09/19
06:30
09/19/18
06:30
Periodicals
China's Alibaba to set up dedicated chip subsidiary, Reuters reports »

Alibaba is planning to…

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

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  • 28

    Oct

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