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PHM

PulteGroup

$29.29

-1.68 (-5.42%)

, FBHS

Fortune Brands

$55.98

-0.165 (-0.29%)

04:55
05/16/18
05/16
04:55
05/16/18
04:55

JPMorgan to hold a conference

11th Annual Homebuilding & Building Products Conference will be held in New York on May 15-16.

PHM

PulteGroup

$29.29

-1.68 (-5.42%)

FBHS

Fortune Brands

$55.98

-0.165 (-0.29%)

DOOR

Masonite

$63.85

-0.2 (-0.31%)

KBH

KB Home

$25.19

-1.12 (-4.26%)

PHM PulteGroup
$29.29

-1.68 (-5.42%)

04/26/18
RAJA
04/26/18
UPGRADE
RAJA
Outperform
PulteGroup upgraded to Outperform from Market Perform at Raymond James
04/25/18
04/25/18
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. Alphabet (GOOG, GOOGL) upgraded to Buy from Hold at Stifel with analyst Scott Devitt saying he is increasingly comfortable with Alphabet's positioning in digital media relative to Facebook (FB), given Alphabet's private relationship with consumers and the high utility and durability of Google's core business. 2. Verizon (VZ) upgraded to Buy from Hold at SunTrust and to Buy from Neutral at UBS. 3. Disney (DIS) upgraded to Market Perform from Underperform at BMO Capital with analyst Daniel Salmon saying the risk-reward on the stock is now more balanced, while its leading portfolio remains a long-term attraction. 4. Biogen (BIIB) upgraded to Outperform from Neutral at Baird with analyst Brian Skorney saying he believes the shares are "too cheap" and its MS business appears more stable than he had been concerned about. 5. PulteGroup (PHM) upgraded to Buy from Neutral at B. Riley FBR and to Buy from Neutral at Buckingham. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/25/18
BUCK
04/25/18
UPGRADE
BUCK
PulteGroup upgraded to Buy following Q1 beat at Buckingham
Buckingham analyst Mark Weintraub upgraded PulteGroup to Buy from Neutral and raised its price target to $40 from $38. Pulte Group reported excellent 1Q18 results with earnings of 59c easily beating expectations, with new orders up 12% year-over-year on a unit basis, and raised FY18 guidance for deliveries and ASPs by 2.2% and 1.2%, respectively, Weintraub wrote in a note to investors. The analyst expects PuleGroup earnings advancing another 10% next year and possibly more depending on how aggressive it is on share repurchases.
04/26/18
04/26/18
UPGRADE
Target $35

Outperform
Follow-up: PulteGroup upgraded to Outperform at Raymond James
As previously reported, Raymond James upgraded PulteGroup to Outperform fro Market Perform and established a $35 price target. Analyst Buck Horne has increased confidence that increased mortgage rates and tax deduction changes are having a negligible impact on buyer demand. Pulte's Q1 reported upside in virtually all key operating metrics and raised FY18 guidance, the analyst wrote, while valuation is down 16% since late January.
FBHS Fortune Brands
$55.98

-0.165 (-0.29%)

03/02/18
03/02/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Home Depot (HD), Lowe's (LOW), Tempur Sealy (TPX), Mohawk (MHK), Lumber Liquidators (LL) and Michaels (MIK) initiated with a Hold at Loop Capital. The firm also started Fortune Brands (FBHS) and Wayfair (W) with a Buy. 2. Aflac (AFL), Lincoln National (LNC), Brighthouse Financial (BHF), MetLife (MET) Unum (UNM), Principal Financial (PFG) and Reinsurance Group (RGA) initiated with a Neutral at UBS. The firm also initiated Voya (VOYA) and FGL Holdings (FG) with a Buy and Torchmark (TMK) and American Equity (AEL) with a Sell. 3. HP Enterprise (HPE) initiated with a Neutral at JPMorgan. 4. Caterpillar (CAT), Deere (DE), United Rentals (URI) and Wabco (WBC) initiated with an Overweight, Oshkosh (OSK), Terex (TEX), Cummins (CMI), CNH Industrial (CNHI) and REV Group (REVG) initiated with an Equal Weight and Paccar (PCAR) and Agco (AGCO) initiated with an Underweight at Morgan Stanley. 5. Conatus (CNAT) initiated with an Outperform at Oppenheimer. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/27/18
LOOP
04/27/18
NO CHANGE
Target $67
LOOP
Buy
Fortune Brands price target lowered to $67 from $77 at Loop Capital
Loop Capital analyst Laura Champine lowered her price target on Fortune Brands to $67 after the company's Q1 earnings miss on disappointing performance in cabinets. Champine keeps her Buy rating however, stating that her thesis of growth in the Fortune Brands' plumbing segment driving margin expansion remains intact, combining with better doors sales to help offset the weakness in cabinets. The analyst points to the 19% Q1 growth within the plumbing segment, only 3% of which came from acquisitions.
04/27/18
RBCM
04/27/18
NO CHANGE
Target $66
RBCM
Outperform
Fortune Brands price target lowered to $66 from $74 at RBC Capital
RBC Capital analyst Michael Eisen lowered his price target on Fortune Brands to $66 after the company's Q1 earnings miss, but kept his Outperform rating given the increased outlook for its Plumbing and Doors segments. Eisen states that the market share gains and margin expansion in those businesses should support relatively high ROE, expecting more positive catalysts to come from the company's strong balance sheet and disciplined approach toward capital allocation.
05/14/18
BOFA
05/14/18
DOWNGRADE
BOFA
Neutral
Fortune Brands downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill analyst John Lovallo downgraded Fortune Brands to Neutral and lowered its price target to $62 from $70. The analyst expects slightly below industy average adjusted EBITDA growth through 2020 and sees risk to Fortune's topline and margin outlook due to continued soft industry data, changing consumer trends,and competitor promotional activity.
DOOR Masonite
$63.85

-0.2 (-0.31%)

03/28/18
BARD
03/28/18
NO CHANGE
Target $82
BARD
Outperform
Masonite risk/reward attractive at current levels, says Baird
Baird analyst Timothy Wojs said he sees an attractive value in Masonite shares given its intermediate-term growth potential, free cash flow potential, and its current risk/reward balance. Wojs, who said the current valuation has created an attractive buying opportunity, reiterated his Outperform rating and $82 price target on Masonite shares.
02/26/18
RILY
02/26/18
NO CHANGE
Target $88
RILY
Buy
Masonite price target raised to $88 from $83 at B. Riley FBR
B. Riley FBR analyst Alex Rygiel raised his price target for Masonite International to $88 following the company's "solid" Q4 results. The analyst expects pricing to offset commodity inflation and keeps a Buy rating on the shares.
10/03/17
WEDB
10/03/17
DOWNGRADE
Target $70
WEDB
Neutral
Masonite downgraded to Neutral from Outperform at Wedbush
Wedbush analyst Jay McCanless downgraded Masonite to Neutral citing valuation and maintained a $70 price target.
09/18/17
09/18/17
DOWNGRADE

Neutral
Masonite downgraded to Neutral on valuation at Northcoast
As previously reported, Northcoast downgraded Masonite to Neutral from Buy. Analyst Kevin Hocevar changed his view saying shares are near his $70 price target and does not see a catalyst to drive shares higher.
KBH KB Home
$25.19

-1.12 (-4.26%)

03/27/18
UBSW
03/27/18
UPGRADE
Target $32
UBSW
Neutral
KB Home upgraded to Neutral from Sell at UBS
UBS analyst Daniel Oppenheim upgraded KB Home to Neutral and raised his price target for the shares to $32 from $30. The analyst sees "strong" housing fundamentals and a "more attractive" for KB shares following the recent selloff. Scarce for-sale inventory in KB's markets should lead to higher prices and new home absorption, Oppenheim tells investors in a research note. He raised his 2018 earnings per share estimate for the company to $2.72 from $2.57 and 2019 estimate to $3.15 from $2.96.
03/23/18
03/23/18
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. Wynn Resorts (WYNN) and Wynn Macau (WYNMF) were upgraded to Buy from Hold at Union Gaming. 2. Cisco (CSCO) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Rod Hall saying as market volatility increases, Cisco provides a "relatively defensive" name in the sector. 3. General Mills (GIS) upgraded to Positive from Neutral at Susquehanna. 4. MPLX (MPLX) upgraded to Overweight from Equal Weight and Dominion Midstream (DM) upgraded to Equal Weight from Underweight at Morgan Stanley. 5. KB Home (KBH) upgraded to Outperform from Market Perform at Wells Fargo with analyst Stephen East saying the shares have fallen 25% since January 11, the worst in the group, while estimates "must rise." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/23/18
WELS
03/23/18
UPGRADE
Target $35
WELS
Outperform
KB Home upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Stephen East upgraded KB Home to Outperform while trimming his price target for the shares to $35 from $37. The shares have fallen 25% since January 11, the worst in the group, while estimates "must rise," East tells investors in a research note following the company's Q1 results. KB continues its pivot toward its most profitable region, the West Coast, which should lead to continued leverage despite growth investment initiatives, the analyst contends.
01/26/18
01/26/18
UPGRADE
Target $34

Neutral
KB Home upgraded to Neutral on valuation at Buckingham
As previously reported, Buckingham upgraded KB Home to Neutral from Underperform with a $34 price target. Analyst Mark Weintraub said shares have substantially underperform peers over the last two weeks and now trades at levels where risk/reward is more balanced.

TODAY'S FREE FLY STORIES

IBM

IBM

$145.02

3.9 (2.76%)

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NDAQ

Nasdaq

$81.93

1.91 (2.39%)

, ICE

IntercontinentalExchange

$74.95

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IAU

iShares Gold Trust

$11.74

-0.005 (-0.04%)

17:28
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Breaking Syndicate news story on iShares Gold Trust »

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VICR

Vicor Corporation

$38.35

1.42 (3.85%)

17:26
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Earnings
Vicor Corporation reports Q3 EPS 32c vs. 0c in Q317 »

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    Oct

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Conference/Events
Stephens restaurants analyst to hold a dinner meeting »

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VTVT

vTv Therapeutics

$2.88

-0.08 (-2.70%)

17:22
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vTv Therapeutics jumps 22% after announcing presentations for CTAD conference »

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HCSG

Healthcare Services

$40.69

1.07 (2.70%)

17:19
10/16/18
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17:19
Earnings
Healthcare Services reports Q3 EPS 35c, consensus 37c »

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GD

General Dynamics

$194.75

2.06 (1.07%)

17:19
10/16/18
10/16
17:19
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17:19
Hot Stocks
General Dynamics awarded $136.75M Navy procurement contract »

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  • 24

    Oct

BA

Boeing

$368.10

9.29 (2.59%)

17:13
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Boeing awarded $137M Navy contract modification for maintenance »

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  • 16

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ROKU

Roku

$63.67

1.97 (3.19%)

17:11
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Hot Stocks
Roku to resume sales of its devices in Mexico »

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  • 13

    Nov

TSLA

Tesla

$276.46

16.88 (6.50%)

, GM

General Motors

$32.34

0.23 (0.72%)

17:11
10/16/18
10/16
17:11
10/16/18
17:11
Periodicals
U.S. Senate bill may give EV makers tax credit boost, Reuters says »

Tesla (TSLA) and General…

TSLA

Tesla

$276.46

16.88 (6.50%)

GM

General Motors

$32.34

0.23 (0.72%)

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  • 29

    Oct

  • 31

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  • 13

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  • 13

    Dec

BFIN

BankFinancial

$14.44

-0.06 (-0.41%)

17:07
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10/16
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17:07
Hot Stocks
BankFinancial expands share repurchase program by 180K shares »

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SBH

Sally Beauty

$18.91

0.42 (2.27%)

17:03
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10/16
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Hot Stocks
Sally Beauty says Q4 Sally Beauty segment SSS improved to flat »

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TGT

Target

$85.81

1.22 (1.44%)

17:03
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10/16
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17:03
Hot Stocks
Target updates toy experience for the holidays »

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  • 28

    Oct

  • 03

    Mar

HWC

Hancock Whitney

$44.47

0.02 (0.04%)

17:03
10/16/18
10/16
17:03
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17:03
Earnings
Hancock Whitney reports Q3 EPS 96c with items, consensus 83c »

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  • 17

    Oct

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    Nov

PNFP

Pinnacle Financial

$55.20

-0.52 (-0.93%)

17:02
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Pinnacle Financial Partners reports Q3 EPS $1.21, consensus $1.19 »

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MO

Altria Group

$60.77

-0.67 (-1.09%)

17:01
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Altria Group analyst commentary  »

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  • 25

    Oct

BFIN

BankFinancial

$14.44

-0.06 (-0.41%)

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Earnings
BankFinancial reports Q3 EPS 22c, two estimates 21c »

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EIGR

Eiger BioPharmaceuticals

$10.88

0.63 (6.15%)

16:49
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Hot Stocks
Eiger BioPharmaceuticals down 8% after results from Phase 2 ULTRA, PREVENT »

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  • 27

    Nov

ICE

IntercontinentalExchange

$74.95

2.18 (3.00%)

, NDAQ

Nasdaq

$81.93

1.91 (2.39%)

16:47
10/16/18
10/16
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16:47
Periodicals
SEC to rule Nasdaq, NYSE didn't justify rate increases, WSJ reports »

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ICE

IntercontinentalExchange

$74.95

2.18 (3.00%)

NDAQ

Nasdaq

$81.93

1.91 (2.39%)

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  • 24

    Oct

IOSP

Innospec

$69.50

2.125 (3.15%)

16:46
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Hot Stocks
Innospec to close its facility in Everberg, Belgium »

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  • 07

    Nov

UAL

United Continental

$83.51

2.17 (2.67%)

16:45
10/16/18
10/16
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Hot Stocks
Breaking Hot Stocks news story on United Continental »

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  • 17

    Oct

UAL

United Continental

$83.51

2.17 (2.67%)

16:43
10/16/18
10/16
16:43
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16:43
Hot Stocks
United Continental sees FY18 total regional aircraft 559 at year end 

Up 41 aircraft over FY17.…

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  • 17

    Oct

UAL

United Continental

$83.51

2.17 (2.67%)

16:43
10/16/18
10/16
16:43
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16:43
Hot Stocks
United Continental sees FY18 total mainline aircraft 768 at year end 

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  • 17

    Oct

MGDDY

Michelin

$0.00

(0.00%)

, CTTAY

Continental AG

$0.00

(0.00%)

16:43
10/16/18
10/16
16:43
10/16/18
16:43
Downgrade
Michelin, Continental AG, CNH Industrial rating change  »

Michelin downgraded to…

MGDDY

Michelin

$0.00

(0.00%)

CTTAY

Continental AG

$0.00

(0.00%)

CNHI

CNH Industrial

$11.60

0.42 (3.76%)

03/08/13
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