Breaking News Instant updates and real-time market news.

2018-08-07 12:50:02 APA Apache $46.38 0.74 (1.62%) 12:50 08/07/18 08/07 12:50 08/07/18 12:50	Apache price target raised to $66 from $60 at MUFG MUFG analyst Michael McAllister raised his price target for Apache to $66 after the company reported production within the U.S. rose 10% sequentially for Q2. Year-over-year production growth in the region came in at 32%, and for the second time this year U.S. results have driven guidance higher, McAllister tells investors in a post-earnings research note. The analyst keeps an Overweight rating on Apache shares.
APA Apache $46.38 0.74 (1.62%) 07/24/18 MZHO 07/24/18 INITIATION Target $173 MZHO Buy Mizuho names 'Apple of oil' EOG top pick in Oil & Gas sector Mizuho analyst Paul Sankey last night initiated 10 names in the Global Oil & Gas group with five buys, four neutrals and one underperform. He also maintained a Buy rating on Occidental Petroleum (OXY) and Neutral rating on ConocoPhillips (COP). The analyst put Buy ratings on EOG Resources (EOG), his top pick in the group, Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), Noble Energy (NBL) and Suncor (SU). Sankey calls EOG the Apple (AAPL) of oil. The company has been a pioneer in unconventional oil development in the U.S. and its technology-driven, innovation-focused approach will continue to drive peer-leading rates of return and oil growth, the analyst contends. He put Neutral ratings on Devon Energy (DVN), Hess Corp. (HES), Marathon Oil (MRO) and Apache (APA). Lastly, Sankey initiated Murphy Oil (MUR) with an Underperform rating and $36 price target. While the stock trades well below peers on both mid-cycle free cash and discount to net asset value, there is not enough potential upside to justify a Neutral at this point, Sankey told investors in a research note. 07/23/18 MZHO 07/23/18 INITIATION Target $55 MZHO Neutral Apache initiated with a Neutral at Mizuho Mizuho analyst Paul Sankey started Apache with a Neutral rating and $55 price target. 07/12/18 MSCO 07/12/18 INITIATION Target $42 MSCO Underweight Apache initiated with an Underweight at Morgan Stanley Morgan Stanley analysts Devin McDermott and Drew Venker added coverage of 12 large-cap and diversified E&Ps, including Apache, which they started with a $42 price target and Underweight rating. 06/11/18 06/11/18 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. UMC (UMC) upgraded to Market Perform from Underperform at Bernstein with analyst Mark Li saying he believes the company will deliver a better capital return. 2. Petrobras (PBR) upgraded to Market Perform from Underperform at Raymond James with analyst Pavel Molchanov saying the government's "dramatic intervention" in late May to slash diesel prices in response to a national trucker strike is largely reflected in valuation. 3. Apache (APA) upgraded to Buy from Hold at Argus with analyst Bill Selesky citing the impact of rising crude oil prices as well as the management's strategy of allocating nearly 70% of its FY18 capital spending program to production in the Permian basin. 4. Match Group (MTCH) upgraded to Buy from Hold at Jefferies with analyst Brent Thill saying a survey of 600 online daters shows many users do not wish to commingle dating with social media. 5. First Data (FDC) upgraded to Buy from Neutral at Goldman Sachs with analyst James Schneider saying despite "choppy" fundamentals, the company's revenue growth is poised to improve. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

2018-08-07 12:50:02

APA

Apache

$46.38: 0.74 (1.62%)

12:50

08/07/18

08/07

12:50

08/07/18

12:50

Apache price target raised to $66 from $60 at MUFG

MUFG analyst Michael McAllister raised his price target for Apache to $66 after the company reported production within the U.S. rose 10% sequentially for Q2. Year-over-year production growth in the region came in at 32%, and for the second time this year U.S. results have driven guidance higher, McAllister tells investors in a post-earnings research note. The analyst keeps an Overweight rating on Apache shares.

APA Apache

$46.38: 0.74 (1.62%)

07/24/18: MZHO

07/23/18: MZHO

07/12/18: MSCO

06/11/18

TODAY'S FREE FLY STORIES

COMM CommScope $15.62 -0.265 (-1.67%) 05:41 06/20/19 06/20 05:41 06/20/19 05:41 Upgrade	CommScope rating change » CommScope upgraded to Buy… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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	21 Jun
TEL TE Connectivity $93.39 0.67 (0.72%) 05:40 06/20/19 06/20 05:40 06/20/19 05:40 Upgrade	TE Connectivity rating change » TE Connectivity upgraded… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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
JWN Nordstrom $33.18 1.04 (3.24%) 05:37 06/20/19 06/20 05:37 06/20/19 05:37 Upgrade	Nordstrom rating change » Nordstrom upgraded to… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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	24 Jun
PGSVY PGS ASA $0.00 (0.00%) 05:33 06/20/19 06/20 05:33 06/20/19 05:33 Downgrade	PGS ASA rating change » PGS ASA downgraded to… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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
PDD Pinduoduo $20.96 0.08 (0.38%) 05:32 06/20/19 06/20 05:32 06/20/19 05:32 Initiation	Pinduoduo initiated » Pinduoduo initiated with… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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

CB Chubb $148.73 1.37 (0.93%) 05:30 06/20/19 06/20 05:30 06/20/19 05:30 Downgrade	Chubb rating change » Chubb downgraded to… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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	24 Jul
OPHLY Ono Pharmaceutical $0.00 (0.00%) 05:29 06/20/19 06/20 05:29 06/20/19 05:29 Downgrade	Ono Pharmaceutical rating change » Ono Pharmaceutical… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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
YARIY Yara $0.00 (0.00%) 05:27 06/20/19 06/20 05:27 06/20/19 05:27 Downgrade	Yara rating change » Yara downgraded to Hold… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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
ZURVY Zurich Insurance $0.00 (0.00%) 05:26 06/20/19 06/20 05:26 06/20/19 05:26 Upgrade	Zurich Insurance rating change » Zurich Insurance upgraded… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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
IRE Bank of Ireland $0.00 (0.00%) 05:24 06/20/19 06/20 05:24 06/20/19 05:24 Upgrade	Bank of Ireland rating change » Bank of Ireland upgraded… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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

DOC Physicians Realty Trust $18.27 0.095 (0.52%) 05:23 06/20/19 06/20 05:23 06/20/19 05:23 Initiation	Physicians Realty Trust initiated » Physicians Realty Trust… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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
HTA Healthcare Trust $29.18 0.16 (0.55%) 05:23 06/20/19 06/20 05:23 06/20/19 05:23 Initiation	Healthcare Trust initiated » Healthcare Trust… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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	09 Jul
HR Healthcare Realty Trust $33.14 0.26 (0.79%) 05:22 06/20/19 06/20 05:22 06/20/19 05:22 Initiation	Healthcare Realty Trust initiated » Healthcare Realty Trust… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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	25 Jun
SCRYY Scor $0.00 (0.00%) 05:22 06/20/19 06/20 05:22 06/20/19 05:22 Upgrade	Scor rating change » Scor upgraded to Buy from… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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
FMS Fresenius Medical $39.49 1.175 (3.07%) 05:20 06/20/19 06/20 05:20 06/20/19 05:20 Upgrade	Fresenius Medical rating change » Fresenius Medical… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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

HPQ HP Inc. $20.63 0.1 (0.49%) 05:16 06/20/19 06/20 05:16 06/20/19 05:16 Initiation	HP Inc. initiated » Deutsche Bank starts HP… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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	28 Jun 01 Jul 02 Jul 03 Jul 04 Jul
DELL Dell Technologies $53.39 1.88 (3.65%) 05:15 06/20/19 06/20 05:15 06/20/19 05:15 Initiation	Dell Technologies initiated » Deutsche Bank starts Dell… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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	09 Jul
FNMA Fannie Mae 05:12 06/20/19 06/20 05:12 06/20/19 05:12 Initiation	Fannie Mae initiated » Fannie Mae initiated with… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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
FMCC Freddie Mac $0.00 (0.00%) 05:12 06/20/19 06/20 05:12 06/20/19 05:12 Initiation	Freddie Mac initiated » Freddie Mac initiated… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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
AAPL Apple $197.87 -0.65 (-0.33%) 05:12 06/20/19 06/20 05:12 06/20/19 05:12 Initiation	Apple initiated » Deutsche Bank, fearing… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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

JBLU JetBlue $19.05 -0.21 (-1.09%) 05:07 06/20/19 06/20 05:07 06/20/19 05:07 Recommendations	JetBlue analyst commentary » JetBlue price target… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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
VYGR Voyager Therapeutics $27.87 0.05 (0.18%) , SNY Sanofi $44.11 0.99 (2.30%) … 05:05 06/20/19 06/20 05:05 06/20/19 05:05 Recommendations	Voyager Therapeutics, Sanofi, Neurocrine analyst commentary » Voyager Therapeutics… VYGR Voyager Therapeutics $27.87 0.05 (0.18%) SNY Sanofi $44.11 0.99 (2.30%) NBIX Neurocrine $85.47 -0.28 (-0.33%) Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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	26 Jun 16 Sep
ORCL Oracle $52.69 -0.19 (-0.36%) 05:02 06/20/19 06/20 05:02 06/20/19 05:02 Recommendations	Oracle analyst commentary » Oracle price target… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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
BFAM Bright Horizons $141.18 1.73 (1.24%) 04:59 06/20/19 06/20 04:59 06/20/19 04:59 Upgrade	Bright Horizons rating change » Bright Horizons upgraded… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return in in 9 minutes Get Free Trial 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
ENBL Enable Midstream 04:56 06/20/19 06/20 04:56 06/20/19 04:56 Initiation	Enable Midstream initiated » Enable Midstream… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial 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

Events

Earnings calls, analyst events, roadshows and more

DAL
Today at 07:30

Delta Airlines Inc. Firm Sponsored Meetings

450 Lexington Avenue, New York, NY
Today at 08:00

Circulatory Systems Devices Panel Meeting Government Event

Gaithersburg Holiday Inn--Two Montgomery Village Ave, Gaithersburg
BGNE
Today at 08:00

BeiGene - BGNE Conference Calls
NXPI
Today at 08:00

NXP Semiconductors - NXPI Conference Calls
CTRP
Today at 08:00

Ctrip Firm Sponsored Meetings

New York, NY
CLSD
Today at 08:00

Clearside Biomedical, Inc. Firm Sponsored Meetings

900 North Point Parkway, Suite 200, Alpharetta, GA
CMRX
Today at 08:00

Chimerix, Inc. Firm Sponsored Meetings

2515 Meridian Parkway, Durham, NC
BRKR
Today at 08:00

Bruker Corporation Firm Sponsored Meetings

Nasdaq MarketSite 4 Times Square, New York City, NY
ECPG
Today at 08:00

Encore Capital Group Firm Sponsored Meetings

160 Central Park South, New York, NY
TXMD
Today at 08:00

TherapeuticsMD, Inc. Firm Sponsored Meetings

2000 NW 19th Street, Boca Raton, FL

View All Events »

1 of

Syndicate

This week’s upcoming IPOs and secondary offerings

Priced
Not Priced

Mon	RMTI X RMTI Rockwell Medical Spot Secondary Managers: Piper Jaffray & Cantor Fitzgerald Priced at: $3.00 5.83M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial
Tues	KOS X KOS Kosmos Block Trade Managers: Barclays Priced at: $5.99 23.3M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial STOK X STOK Stoke Therapeutics IPO Managers: JPMorgan, Cowen & Credit Suisse, Canaccord Priced at: $18.00 7.89M Shares Special Comments Ratings Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial BHVN X BHVN Biohaven Pharmaceutical Secondary Managers: Goldman Sachs & Piper Jaffray Priced at: $43.00 6.98M Shares Special Comments Ratings Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial CALA X CALA Calithera Biosciences Secondary Managers: SVB Leerink, Wells Fargo & William Blair Priced at: $4.00 12.5M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial RKDA X RKDA Arcadia Biosciences Secondary Managers: H.C. Wainwright Priced at: $4.91 1.49M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial QUIK X QUIK QuickLogic Spot Secondary Managers: Oppenheimer Priced at: $.50 16M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial SESN X SESN Sesen Bio Spot Secondary Managers: Canaccord Priced at: $1.47 20.41M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial
Wed	GO X GO Grocery Outlet IPO Managers: BofA/Merrill, Morgan Stanley, Deutsche Bank & Jefferies, Barclays, Goldman Sachs, Guggenheim, UBS, Cowen, TSLY, DREX Priced at: $22.00 17.19M Shares Special Comments Ratings Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial PSNL X PSNL Personalis IPO Managers: Morgan Stanley, BofA/Merrill & Cowen, Oppenheimer Priced at: $17.00 7.922M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial GNCA X GNCA Genocea Secondary Managers: SVB Leerink & Stifel, Baird, Needham Priced at: $3.50 10M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial KURA X KURA Kura Oncology Secondary Managers: SVB Leerink & Cowen Priced at: $17.00 5.9M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial SRRK X SRRK Scholar Rock Secondary Managers: Jefferies, Cowen & BMO Capital, Wedbush Priced at: $15.00 3M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial CYRX X CYRX Cryoport Spot Secondary Managers: Jefferies & SVB Leerink, B. Riley FBR, Janney Montgomery Scott, Needham, Roth Capital Priced at: $17.00 3.75M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial
Thurs	No deals
Fri	No deals

Mon	No deals
Tues	No deals
Wed	AKRO X AKRO Akero Therapeutics IPO Managers: JPMorgan, Jefferies & Evercore ISI, Roth Capital $14.00-16.00 5M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial BCEL X BCEL Atreca IPO Managers: Cowen, Evercore ISI & Stifel, Canaccord $16.00-18.00 7.35M Shares DRMT X DRMT Dermavant IPO Managers: Jefferies, SVB Leerink & Guggenheim $12.00-14.00 7.7M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial PRVL X PRVL Prevail Therapeutics IPO Managers: Morgan Stanley, BofA/Merrill & Cowen, Wedbush $16.00-18.00 7.353M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial ZYME X ZYME Zymeworks Secondary Managers: JPMorgan, Wells Fargo, Stifel & Raymond James, Ladenburg $20.17 Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial LAND X LAND Gladstone Land Spot Secondary Managers: Janney Montgomery Scott $12.32 1.1M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial
Thurs	ARTL X ARTL Artelo Biosciences Secondary Managers: Maxim, Joseph Gunnar $2.04 1.389M Shares ASLN X ASLN Aslan Pharmaceuticals Secondary Managers: Piper Jaffray $3.60 4.625M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial TRWH X TRWH Twin River Worldwide Secondary Managers: Stifel, Cowen & BTIG $30.45 5.021M Shares
Fri	No deals

View All Syndicate Announcements »

Apache price target raised to $66 from $60 at MUFG

TODAY'S FREE FLY STORIES

Get Full Fly Access