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NGVT

Ingevity

$100.92

0.77 (0.77%)

, LKSD

LSC Communications

$11.76

0.48 (4.26%)

08:23
08/09/18
08/09
08:23
08/09/18
08:23

Jefferies to hold a conference

2018 Global Industrials Conference is being held in New York on August 7-9 with webcasted company presentations to begin on August 9 at 8 am; not all presentations may be webcasted. Webcast Link

NGVT

Ingevity

$100.92

0.77 (0.77%)

LKSD

LSC Communications

$11.76

0.48 (4.26%)

MRCY

Mercury Systems

$48.40

-0.45 (-0.92%)

NP

Neenah Paper

$89.40

1.15 (1.30%)

AEGN

Aegion

$25.08

-0.08 (-0.32%)

CLNE

Clean Energy

$2.45

-0.29 (-10.58%)

FTAI

Fortress Transportation

$19.00

-0.02 (-0.11%)

KWR

Quaker Chemical

$168.63

3.51 (2.13%)

CT

Capital Trust

$0.00

(0.00%)

DCO

Ducommun

$38.23

0.66 (1.76%)

CPST

Capstone Turbine

$1.26

-0.16 (-11.27%)

AVY

Avery Dennison

$111.33

-0.97 (-0.86%)

BERY

Berry Global

$48.19

-0.17 (-0.35%)

LABL

Multi-Color

$63.55

-0.35 (-0.55%)

NXE

NexGen Energy

$1.98

-0.08 (-3.88%)

WSC

WillScot

$16.00

-0.45 (-2.74%)

BLD

TopBuild

$75.48

-4.78 (-5.96%)

NWPX

Northwest Pipe

$19.08

-0.27 (-1.40%)

MNTX

Manitex

$11.55

-0.64 (-5.25%)

WSO

Watsco

$173.63

1.09 (0.63%)

  • 09

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    Sep

  • 06

    Nov

NGVT Ingevity
$100.92

0.77 (0.77%)

07/17/18
JEFF
07/17/18
NO CHANGE
Target $102
JEFF
Buy
Ingevity price target raised to $102 from $92 at Jefferies
Jefferies analyst Daniel Rizzo raised his price target for Ingevity to $102 citing the earnings benefit of five China provinces adopting fuel standards early. China's national adoption of the Tier II fuel vapor emissions standard is still set for mid-2020, but five provinces, representing 25% of Chinese car production, will enact the higher standard in 2019, Rizzo tells investors in a research note. The analyst expects the increase in the Chinese standards to add 45c to Ingevity's earnings per share in 2019 and 2020, and thinks the stock valuation could re-rate "as these announcements validate the fuel vapor growth opportunity." He keeps a Buy rating on Ingevity.
07/18/18
LOOP
07/18/18
NO CHANGE
Target $89
LOOP
Hold
Ingevity price target raised to $89 from $83 at Loop Capital
Loop Capital analyst Chris Kapsch raised his price target on Ingevity to $89 and kept his Hold rating, saying that while the company has been a "great fundamental story" since its inception, the recent stock price appreciation is hard to justify. The analyst acknowledges that Ingevity's increased earnings power, driven by the adoption of "more rigorous evaporative emission standards in China", is becoming more visible, but contends that the adoption had been reflected in the valuation prior to the 2019 estimates when it is set to take place.
07/13/18
KEYB
07/13/18
NO CHANGE
Target $95
KEYB
Overweight
Ingevity price target raised to $95 from $90 at KeyBanc
KeyBanc analyst Michael Sison reiterated an Overweight rating on Ingevity and raised his price target to $95, telling investors in a research note that he believes both Performance Materials and Performance Chemicals are gaining momentum, with good visibility ahead giving him confidence in his 2018E EPS outlook.
07/26/18
OPCO
07/26/18
NO CHANGE
Target $100
OPCO
Outperform
Ingevity price target raised to $100 from $90 at Oppenheimer
Oppenheimer analyst Ian Zaffino raised his price target for Ingevity to $100 from $90 after the company delivered better than expected Q2 results, helped by continued robust organic growth, favorable price/mix, and strong productivity. The analyst reiterates an Outperform rating on the shares.
LKSD LSC Communications
$11.76

0.48 (4.26%)

07/06/18
JPMS
07/06/18
DOWNGRADE
Target $14
JPMS
Underweight
LSC Communications downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Alexia Quadrani downgraded LSC Communications to Underweight with an unchanged price target of $14. The analyst sees "persistent weakness" in the company's core business.
07/06/18
JPMS
07/06/18
DOWNGRADE
Target $14
JPMS
Underweight
JPMorgan says LSC rally 'unsustainable,' downgrades to Underweight
JPMorgan analyst Alexia Quadrani downgraded LSC Communications o Underweight from Neutral with an unchanged price target of $14, implying 14% downside from current share levels. The stock is up 35% over the last two months in part on an improved revenue outlook from recent acquisitions, Quadrani tells investors in a research note. The analyst, however, remains concerned that LSC may not be able to realize expected cost synergies, which could potentially lead to downside risk to estimates. She sees the recent share rally as "unsustainable" and continues to have concerns around the fundamental trends in the core business.
04/02/18
BOFA
04/02/18
DOWNGRADE
BOFA
Underperform
LSC Communications downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill analyst George Staphos downgraded LSC Communications to Underperform from Neutral with a $17 price target citing recent shares strength and limited catalysts.
06/25/18
BUCK
06/25/18
INITIATION
Target $22
BUCK
Buy
LSC Communications initiated with a Buy at Buckingham
Buckingham analyst James Clement initiated LSC Communications with a Buy and $22 price target saying valuation is "too cheap to ignore"
MRCY Mercury Systems
$48.40

-0.45 (-0.92%)

04/25/18
04/25/18
DOWNGRADE

Underperform
Mercury Systems downgraded to Underperform from Buy at BofA/Merrill
BofA/Merrill analyst Ronald Epstein double downgraded Mercury Systems to Underperform from Buy and slashed its price target to $35 from $50. Epstein said Mercury's strategy to increase its secure processing capabilities is not without execution risks and long-term adjusted EBITDA margin target of 26% is predicated on achieving insourcing synergies, which increases operating risks.
04/25/18
BARD
04/25/18
NO CHANGE
Target $59
BARD
Outperform
Mercury Systems weakness should be bought aggressively, says Baird
Baird analyst Peter Arment said he would be an aggressive buyer of Mercury Systems shares if they were weak following Q1 results. The analyst said the results reflected timing of revenues, while its record backlog supports the guidance raise. Arment reiterated his Outperform rating and $59 price target on Mercury Systems shares.
05/09/18
BARD
05/09/18
NO CHANGE
Target $59
BARD
Outperform
Mercury Systems selloff unwarranted, says Baird
Baird analyst Peter Arment said the recent pullback in Mercury Systems is unwarranted and a buying opportunity. The analyst met with management and focused on the company's long-term growth opportunities, ongoing execution, and strong momentum. Arment reiterated his Outperform rating and $59 price target on Mercury Systems shares.
04/19/18
SBSH
04/19/18
NO CHANGE
SBSH
Buy
Mercury Systems selloff on short report unwarranted, says Citi
Citi analyst Jonathan Raviv sees "reasonable explanations" for many of the "warning signs" flagged in yesterday's short report on Mercury Systems. Some of the issues were addressed at an early March management meeting, Raviv tells investors in a research note. He continues to like Mercury and thinks yesterday's selloff was unwarranted. The analyst reiterates a Buy rating on the shares.
NP Neenah Paper
$89.40

1.15 (1.30%)

11/09/17
DADA
11/09/17
NO CHANGE
Target $88
DADA
Neutral
Neenah Paper price target raised to $88 from $82 at DA Davidson
DA Davidson analyst Steven Chercover raised his price target on Neenah Paper following Q3 results. Chercover says that while the company posted another 7% volume growth in Technical Products, he believes shares are fairly valued. The analyst also notes tempering of expectations of the Appleton ramp and Paper margins in FY18, keeping his Neutral rating.
AEGN Aegion
$25.08

-0.08 (-0.32%)

10/04/17
HDLY
10/04/17
UPGRADE
HDLY
Buy
Aegion upgraded to Buy from Neutral at Hilliard Lyons
Hilliard Lyons analyst Spencer Joyce upgraded Aegion to Buy with a $26 price target citing valuation.
10/03/17
10/03/17
DOWNGRADE
Target $25

Hold
Aegion downgraded to Hold at Craig-Hallum
As previously reported, Craig-Hallum analyst Eric Stine downgraded Aegion to a Hold from a Buy, with a $25 price target, on valuation following Q3 update and with restructuring a work in progress.
12/21/17
HDLY
12/21/17
DOWNGRADE
HDLY
Neutral
Aegion downgraded to Neutral from Buy at Hilliard Lyons
Hilliard Lyons analyst Spencer Joyce downgraded Aegion to Neutral citing more balanced risk/reward near-term based on sentiment and valuation.
10/03/17
10/03/17
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. Aegion (AEGN) downgraded to Hold from Buy at Craig-Hallum with analyst Eric Stine citing valuation following the third quarter update and with restructuring a work in progress. 2. Urban Outfitters (URBN) downgraded to Sell from Hold at Deutsche Bank with analyst Tiffany Kanaga saying the valuation has "stretched to elevated levels." 3. Tile Shop (TTS) downgraded to Underperform from Market Perform at Telsey Advisory with analyst Joseph Feldman saying he is concerned the deceleration will continue for several quarters given weakness was attributed to increased competition that led to the company to increase promotions. 4. Lear (LEA) downgraded to Neutral from Buy at UBS with analyst Colin Langan saying the E-System spin upside seems already priced in following the recent share rally. 5. MGM Resorts (MGM) downgraded to Neutral from Positive at Susquehanna. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
CLNE Clean Energy
$2.45

-0.29 (-10.58%)

07/05/18
RAJA
07/05/18
DOWNGRADE
RAJA
Underperform
Clean Energy downgraded to Underperform, valuation excessive, says Raymond James
As previously reported, Raymond James downgraded Clean Energy (CLNE) to Underperform from Market Perform. Analyst Pavel Molchanov believes shares reflect "excessive euphoria" over the partnership with Total (TOT) and said the main business of supplying CNG to municipal bus fleets faces increasing headwinds from electric bus adoption.
07/05/18
07/05/18
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. Munich Re (MURGY) downgraded to Neutral from Overweight at JPMorgan. 2. Domino's Pizza Enterprises (DPZUF) downgraded to Sell from Neutral at Citi. 3. NextEra Energy downgraded to Market Perform from Outperform at Raymond James with analyst Pavel Molchanov saying NextEra's 3.6% yield is the lowest among yieldcos and he recommends waiting for a better entry point. 4. Clean Energy (CLNE) downgraded to Underperform from Market Perform at Raymond James with analyst Pavel Molchanov saying he believes shares reflect "excessive euphoria" over the partnership with Total (TOT). 5. Fresenius Medical (FMS) downgraded to Neutral from Outperform at Credit Suisse. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/06/18
CHLM
07/06/18
NO CHANGE
Target $6
CHLM
Buy
Clean Energy weakness related to competitor downgrade overdone says Craig-Hallum
Craig-Hallum analyst Eric Stine backed a Buy rating on Clean Energy, telling investors in a research note that he believes weakness related to a competitor downgrade is overdone. While he says that the renewal of the advanced fuel tax credit, or AFTC, for 2018 is possible, it is far from a certainty and is not factored into the outlook going forward. He believers CNG will remain the dominant alternative to diesel in transit applications, with electric having a much higher first cost and being dependent on incentives. Stine has a $6 price target on Clean Energy shares.
07/05/18
RAJA
07/05/18
DOWNGRADE
RAJA
Underperform
Clean Energy downgraded to Underperform from Market Perform at Raymond James
FTAI Fortress Transportation
$19.00

-0.02 (-0.11%)

05/24/18
JMPS
05/24/18
NO CHANGE
Target $24
JMPS
Outperform
JMP says Fortress Transportation has potential $100+ sum-of-the-parts value
JMP Securities analyst Devin Ryan said he often views a "sum-of-the-parts" analysis as "a mere theoretical exercise," though for Fortress Transportation he believes a deeper examination of EBITDA potential at the asset level "can be quite informative." With that said, Ryan stated that his sum-of-the-parts analysis of Fortress Transportation reveals potential for value of over $100 per share if the company executes over the next five years. Ryan maintains his Outperform rating and $24 price target on Fortress Transportation shares.
KWR Quaker Chemical
$168.63

3.51 (2.13%)

07/13/18
JANY
07/13/18
INITIATION
JANY
Neutral
Quaker Chemical initiated with a Neutral at Janney Montgomery Scott
CT Capital Trust
$0.00

(0.00%)

DCO Ducommun
$38.23

0.66 (1.76%)

08/07/18
NBLE
08/07/18
UPGRADE
NBLE
Buy
Ducommun upgraded to Buy from Hold at Noble Financial
11/13/17
SIDC
11/13/17
UPGRADE
Target $37
SIDC
Buy
Ducommun upgraded to Buy from Neutral at Sidoti
Sidoti analyst Edward Marshall upgraded Ducommun to Buy with a $37 price target citing recent share weakness and expectations the restructuring and program program overview will improve margins.
10/17/17
SIDC
10/17/17
DOWNGRADE
Target $37
SIDC
Neutral
Ducommun downgraded to Neutral from Buy at Sidoti
Sidoti analyst Edward Marshall downgraded Ducommun to Neutral citing valuation and maintained a $37 price target.
11/16/17
ADAM
11/16/17
NO CHANGE
Target $38
ADAM
Buy
Ducommun weakness a buying opportunity, says Canaccord
Canaccord analyst Ken Herbert said the recent weakness in Ducommun has created a buying opportunity. He believes its solid execution and steady mix in sales to higher margin products will continue to drive a re-rating on the stock. Herbert reiterated his Buy rating and $38 price target on Ducommun shares.
CPST Capstone Turbine
$1.26

-0.16 (-11.27%)

08/01/18
MAXM
08/01/18
INITIATION
MAXM
Buy
Capstone Turbine initiated with a Buy at Maxim
08/01/18
MAXM
08/01/18
INITIATION
Target $2.5
MAXM
Buy
Capstone Turbine initiated with a Buy at Maxim
Maxim analyst James Jang initiated Capstone Turbine with a Buy rating and a price target of $2.50. The analyst notes that the company's market divsersification should support its revenue expansion trend as it builds sales momentum. Jang further states that the shale oil industry is a key driver for Capstone's growth as its microturbines allow for reduced operating costs for its customers.
06/15/18
LSCM
06/15/18
INITIATION
Target $3
LSCM
Buy
Capstone Turbine initiated with a Buy at Lake Street
Lake Street analyst Robert Brown initiated Capstone Turbine with a Buy rating and $3 price target, stating that believes the company has significantly improved its operating profile and business model over the past 18 months and that these changes should start to show in results this year.
08/01/18
08/01/18
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. Capstone Turbine (CPST) initiated with a Buy at Maxim. 2. Lilis Energy (LLEX) initiated with a Buy at Stifel. 3. SS&C (SSNC) assumed with an Overweight at JPMorgan. 4. Magnolia Oil & Gas (MGY) initiated with an Outperform at Imperial Capital. 5. Fate Therapeutics (FATE) initiated with a Buy at Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
AVY Avery Dennison
$111.33

-0.97 (-0.86%)

07/25/18
LOOP
07/25/18
NO CHANGE
Target $115
LOOP
Hold
Avery Dennison price target raised to $115 from $111 at Loop Capital
Loop Capital analyst Chris Kapsch raised his price target on Avery Dennison to $115 after its Q2 earnings beat, citing incremental pricing changes and a "positive inflection in underlying deman", particularly in LGM and RBIS business segments. The analyst keeps his Hold rating, adding that given the "powerful" rally in the stock price after the report, he "would not be inclined to chase at these levels".
05/02/18
LOOP
05/02/18
NO CHANGE
Target $111
LOOP
Hold
Avery Dennison price target lowered to $111 from $117 at Loop Capital
Loop Capital analyst Chris Kapsch lowered his price target on Avery Dennison to $111, saying that while the company beat on Q1 earnings and raised its guidance, the "quality of its earnings progression" was less favorable. The analyst says Avery Dennison is "stepping up its investment in restructuring to drive further margin improvement", which suggests there may be "deceleration across the broader pressure sensitive adhesives market globally". Kapsch sees the risk-reward as "generally balanced" while its strong free cash flows and "buyback propensity" support the valuation on the stock, keeping his Hold rating.
07/13/18
LOOP
07/13/18
NO CHANGE
Target $111
LOOP
Hold
Avery Dennison volume demand growth 'quite strong', says Loop Capital
Loop Capital analyst Chris Kapsch kept his Hold rating and $111 price target on Avery Dennison, saying that while the stock price has been suggesting a Q2 earnings disappointment, "another upside earnings surprise is more likely". The analyst notes that raw material cost pressures do pose a risk, but industry contacts have indicated that the company has already raised prices and stands positioned to sustain its positive margin trajectory. Kapsch further states that Avery Dennison's volume demand growth is "quite strong" at this time.
04/26/18
JPMS
04/26/18
UPGRADE
Target $107
JPMS
Neutral
Avery Dennison upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Jeffrey Zekauskas upgraded Avery Dennison to Neutral with a price target of $107. The analyst sees a more fair valuation following the company's Q1 results.
BERY Berry Global
$48.19

-0.17 (-0.35%)

08/07/18
UBSW
08/07/18
DOWNGRADE
Target $54
UBSW
Neutral
Bemis downgraded to Neutral from Buy at UBS
UBS analyst Edlain Rodriguez downgraded Bemis (BMS) to Neutral following Amcor's offer to acquire the company. The analyst raised his price target for the shares to $54 from $52, which reflects a 50/50 blend of his standalone Bemis target of $52 and the implied current deal price of $55. Rodriguez says the closest plastic packaging peers to Bemis are Sealed Air (SEE), Berry Global (BERY) and Sonoco Products (SON).
05/18/18
JEFF
05/18/18
INITIATION
Target $67
JEFF
Buy
Berry Global initiated with a Buy at Jefferies
Jefferies analyst Daniel Rizzo started Berry Global Group with a Buy rating and $67 price target. The company has one of the highest free cash flow profiles in Packaging, and deleveraging returning cash should drive a multiple expansion, Rizzo tells investors in a research note.
05/04/18
BARD
05/04/18
NO CHANGE
Target $65
BARD
Outperform
Berry Global shares appear oversold, says Baird
Baird analyst Ghansham Panjabi said weak volumes and an unfavorable cost/spread continue to weigh on Berry Global shares, but at this point the shares appear oversold. The analyst believes its free cash flow and volume outlook are move favorable and he sees pricing pressures easing over the next 2-3 quarters. Panjabi reiterated his Outperform rating and lowered his price target to $65 from $70 on Berry Global shares.
05/04/18
WELS
05/04/18
NO CHANGE
Target $69
WELS
Outperform
Berry Global selloff brings attractive entry point, says Wells Fargo
Wells Fargo analyst Christopher Manuel believes the 8% selloff yesterday in shares of Berry Global Group creates a "dislocation" and attractive entry point. The company is well positioned to deliver $700M-plus of free cash flow in fiscal 2019, Manuel tells investors in a research note. While Berry is facing near-term inflationary headwinds across most of its business, the company is out aggressively implementing non-material price increases as well as activity managing the business to preserve its low-cost supplier position, the analyst contends. He keeps an Outperform rating on the shares with a slightly reduced $69 price target.
LABL Multi-Color
$63.55

-0.35 (-0.55%)

02/07/18
BMOC
02/07/18
NO CHANGE
Target $75
BMOC
Market Perform
Multi-Color price target lowered to $75 from $88 at BMO Capital
BMO Capital analyst Mark Wilde lowered his price target on Multi-Color to $75 and kept his Market Perform rating after a Q3 earnings miss. The analyst says the company was hit with a number of issues with Constantia - " lower mix, higher amortization, lower synergies, and operating inefficiencies" - and believes it will not be able to make its FY18 EPS target.
02/07/18
KEYB
02/07/18
UPGRADE
KEYB
Sector Weight
Multi-Color upgraded to Sector Weight from Underweight at KeyBanc
KeyBanc analyst Adam Josephson last night upgraded Multi-Color to Sector Weight citing valuation with the stock down 11% year-to-date. The stock has reached the analyst's downside price target of $67.
02/06/18
KEYB
02/06/18
UPGRADE
KEYB
Sector Weight
Multi-Color upgraded to Sector Weight from Underweight at KeyBanc
03/05/18
SIDC
03/05/18
UPGRADE
Target $80
SIDC
Buy
Multi-Color upgraded to Buy from Neutral at Sidoti
Sidoti analyst Christopher McGinnis upgraded Multi-Color to Buy from Neutral with a price target of $80.
NXE NexGen Energy
$1.98

-0.08 (-3.88%)

WSC WillScot
$16.00

-0.45 (-2.74%)

07/09/18
JEFF
07/09/18
INITIATION
Target $19
JEFF
Buy
Williams Scotsman initiated with a Buy at Jefferies
Jefferies analyst Philip Ng started Williams Scotsman with a Buy rating and $19 price target. The analyst believes the shares offer "great value in a high-quality growth story." When the acquisition of ModSpace is fully integrated, the stock could approach $23, representing 56% upside, Ng tells investors in a research note. The analyst sees "significant runway for price:mix improvement" at Williams Scotsman.
04/11/18
RHCO
04/11/18
INITIATION
Target $16
RHCO
Buy
Williams Scotsman initiated with a Buy at SunTrust
As reported earlier, SunTrust analyst Douglas Mewhirter initiated Williams Scotsman (WSM) with a Buy rating and a price target of $16. The analyst contends that the company is a "leading modular space and storage container lessor in North America" with opportunities for organic and acquisition-based growth. Mewhirter adds that the current valuation on the stock is at a discount relative to its peer Mobile Mini (MINI) and does not adequately value its competitive position.
04/11/18
RHCO
04/11/18
INITIATION
Target $16
RHCO
Buy
Williams Scotsman initiated with a Buy at SunTrust
SunTrust analyst Douglas Mewhirter initiated Williams Scotsman with a Buy and $16 price target.
07/25/18
JEFF
07/25/18
NO CHANGE
Target $19
JEFF
Buy
WillScot shares should rally on secondary, says Jefferies
Jefferies analyst Philip Ng expects WillScot's 7M share secondary to be modestly accretive to 2019 earnings estimates and reduce the company's leverage given the interest expense savings. Additionally, the offering increases liquidity in the stock and reduces the cost of borrowing, Ng tells investors in a research note. He expects the stock to react favorably today and keeps a Buy rating on WillScot with a $19 price target.
BLD TopBuild
$75.48

-4.78 (-5.96%)

06/28/18
MKMP
06/28/18
INITIATION
Target $99
MKMP
Buy
TopBuild initiated with a Buy at MKM Partners
As reported earlier, MKM Partners analyst Megan McGrath initiated TopBuild with a Buy rating and a price target of $99. The analyst says she is positive on the company's "strong acquisition track record and the margin progress it has made in recent years" as it focuses on "price realization". McGrath adds that this "pricing discipline" will benefit TopBuild while manufacturers raise their prices on insulation products. The analyst also believes that concerns around the impact of higher mortgage rates will be countered by the positive impact of higher revenues and margins from the company's USI acquisition announced in April.
07/10/18
JEFF
07/10/18
NO CHANGE
JEFF
Buy
Roofing margin concerns overblown, says Jefferies
Jefferies analyst Philip Ng attributes the recent pullback in shares of Owens Corning (OC) and Beacon Roofing (BECN) to concerns over roofing margins with inflation rising. However, the analyst's roofing distributor survey indicates these concerns are overblown. Small and medium-sized distributors throughout the country have been able to realize 15% price increase cumulatively from March, May, and June, Ng tells investors in a research note. The analyst sees strong pricing momentum in roofing and insulation, but notes that roofing demand has been mixed. He keeps Buy ratings on Owens Corning, Beacon Roofing and TopBuild (BLD).
06/27/18
MKMP
06/27/18
INITIATION
Target $99
MKMP
Buy
TopBuild initiated with a Buy at MKM Partners
MKM Partners analyst Megan McGrath initiated TopBuild with a Buy and $99 price target.
06/28/18
EVER
06/28/18
INITIATION
Target $95
EVER
Outperform
TopBuild initiated with an Outperform at Evercore ISI
Evercore ISI initiated TopBuild with an Outperform and $95 price target.
NWPX Northwest Pipe
$19.08

-0.27 (-1.40%)

MNTX Manitex
$11.55

-0.64 (-5.25%)

02/08/18
ROTH
02/08/18
UPGRADE
ROTH
Buy
Manitex upgraded to Buy from Neutral at Roth Capital
11/07/17
ROTH
11/07/17
DOWNGRADE
Target $10
ROTH
Neutral
Manitex downgraded to Neutral from Buy at Roth Capital
Roth Capital analyst Matt Koranda downgraded Manitex to Neutral from Buy, with a $10 price target, as he awaits restatement of 2016 and year to date 2017 financials caused by a change in revenue treatment of certain transactions initiated in 2016. While he believes Manitex's business remains fundamentally sound with end markets rebounding from a deep cyclical trough, Koranda awaits complete restatements to provide a firmer basis for his investment opinion.
02/08/18
02/08/18
UPGRADE
Target $11

Buy
Manitex upgraded to Buy at Roth Capital
As previously reported, Roth Capital analyst Matt Koranda upgraded Manitex to Buy from Neutral after the company released delayed Q3 results and preannounced headline figures for Q4 ahead of consensus. Strong bookings from Q4 and January 18 also give him confidence that demand is durable and provide nice visibility into his first half of 2018 forecast. The analyst believes most of the overhang on shares has been removed with the auditor investigation now complete and restatements forthcoming. He also raised his price target on the shares to $11 from $10.
WSO Watsco
$173.63

1.09 (0.63%)

07/30/18
07/30/18
DOWNGRADE

Neutral
Watsco downgraded to Neutral on moderating leverage at Longbow
As previously reported, Longbow downgraded Watsco to Neutral from Bu following the Q2 report. Analyst Chris Dankert said near-term investments and the pace of sales growth limits operating leverage, combined with increasing inflationary pressures. Dankert believes Q3 expectations are too high, but notes the recent reset has moderated downside risk.
07/30/18
LBOW
07/30/18
DOWNGRADE
LBOW
Neutral
Watsco downgraded to Neutral from Buy at Longbow
07/26/18
GHSC
07/26/18
DOWNGRADE
Target $170
GHSC
Neutral
Watsco downgraded to Neutral from Buy at Seaport Global
Seaport Global analyst Walt Liptak downgraded Watsco to Neutral from Buy following the Q2 report citing lower than expected operating leverage. Liptak no longer thinks the HVAC sector will capture the same level of volume growth and pricing in 2019 and reduced his estimates on Watsco and cut his price target on shares to $170 from $190.
07/12/18
KEYB
07/12/18
NO CHANGE
KEYB
KeyBanc favors Ingersoll-Rand, more cautious on Watsco ahead of results
Following his quarterly channel checks, KeyBanc analyst Jeffrey Hammond views expectations for +MSD industry growth in Q2 as fully supported, and while share dynamics appear to be stabilizing, he still expects Lennox (LII) and Ingersoll-Rand (IR) to sustain outgrowth, but at a more moderate rate versus previous quarters. In addition, the analyst notes he received near-unanimous affirmation that midyear price increases are passing through without resistance, which signals positively for HVAC OEMs and distributors alike. Heading into quarterly results, Hammond favors Ingersoll-Rand, and is more cautious on Watsco (WSO) given concerns around its ability to deliver on margins versus raised expectations.

TODAY'S FREE FLY STORIES

GS

Goldman Sachs

$229.53

2.7 (1.19%)

20:39
08/14/18
08/14
20:39
08/14/18
20:39
Periodicals
Judge allows Goldman shareholders to pursue 2008 CDO class action, Reuters says »

U.S. District Court judge…

03/08/13
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M

Macy's

$41.87

1.79 (4.47%)

, PFGC

Performance Food Group

$37.60

0.7 (1.90%)

20:25
08/14/18
08/14
20:25
08/14/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

M

Macy's

$41.87

1.79 (4.47%)

PFGC

Performance Food Group

$37.60

0.7 (1.90%)

03/08/13
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03/06/13
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FAF

First American

$56.46

0.04 (0.07%)

20:16
08/14/18
08/14
20:16
08/14/18
20:16
Hot Stocks
First American raises quarterly dividend by 11% to 42c per share »

The cash dividend is…

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  • 06

    Nov

BAS

Basic Energy

$8.61

-0.11 (-1.26%)

20:12
08/14/18
08/14
20:12
08/14/18
20:12
Hot Stocks
Basic Energy names David Schorlemer as new CFO »

Basic Energy Services…

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  • 11

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MRT

MedEquities Realty Trust

$10.00

0.16 (1.63%)

19:45
08/14/18
08/14
19:45
08/14/18
19:45
Periodicals
MedEquities Realty Trust exploring a sale, Bloomberg reports »

MedEquities Realty Trust…

03/08/13
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F

Ford

$9.50

0.04 (0.42%)

19:26
08/14/18
08/14
19:26
08/14/18
19:26
Periodicals
Ford plans to invest $740M to revamp Detroit station, other sites, Reuters says »

Ford said it plans to…

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  • 15

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PETQ

PetIQ

$28.26

1 (3.67%)

, PRSP

Perspecta

$21.64

-0.31 (-1.41%)

19:00
08/14/18
08/14
19:00
08/14/18
19:00
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: PetIQ…

PETQ

PetIQ

$28.26

1 (3.67%)

PRSP

Perspecta

$21.64

-0.31 (-1.41%)

FENG

Phoenix New Media

$4.12

-0.055 (-1.32%)

EGN

Energen

$73.15

1.76 (2.47%)

FANG

Diamondback Energy

$133.75

1.84 (1.39%)

ADNT

Adient

$42.65

0.19 (0.45%)

ERI

Eldorado Resorts

$43.85

0.55 (1.27%)

TEVA

Teva

$22.12

0.17 (0.77%)

CASA

Casa Systems

$15.62

-0.17 (-1.08%)

A

Agilent

$66.72

0.77 (1.17%)

CREE

Cree

$50.17

-0.11 (-0.22%)

VRAY

ViewRay

$9.89

-0.01 (-0.10%)

CRZO

Carrizo Oil & Gas

$24.31

0.62 (2.62%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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    Aug

  • 14

    Aug

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  • 21

    Aug

  • 28

    Aug

  • 04

    Sep

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    Sep

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    Sep

  • 15

    Aug

  • 15

    Aug

AAP

Advance Auto Parts

$156.01

11.22 (7.75%)

18:47
08/14/18
08/14
18:47
08/14/18
18:47
Upgrade
Advance Auto Parts rating change at Citi »

Advance Auto Parts…

03/08/13
Wedge Partners
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Citigroup
03/06/13
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  • 14

    Aug

SPHS

Sophiris Bio

$2.74

0.13 (4.98%)

18:37
08/14/18
08/14
18:37
08/14/18
18:37
Recommendations
Sophiris Bio analyst commentary at Piper Jaffray »

Sophiris Bio topsalycin…

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

Verizon

$52.87

0.65 (1.24%)

, GOOG

Alphabet

$1,241.95

6.85 (0.55%)

18:30
08/14/18
08/14
18:30
08/14/18
18:30
Hot Stocks
Verizon to partner with YouTube TV for 5G residential broadband package »

Verizon (VZ) announced it…

VZ

Verizon

$52.87

0.65 (1.24%)

GOOG

Alphabet

$1,241.95

6.85 (0.55%)

GOOGL

Alphabet Class A

$1,258.15

9.39 (0.75%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 14

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    Aug

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    Aug

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  • 20

    Sep

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    Oct

NVDA

Nvidia

$261.47

5.39 (2.10%)

18:27
08/14/18
08/14
18:27
08/14/18
18:27
Upgrade
Nvidia rating change at Wells Fargo »

Nvidia double-upgraded to…

03/08/13
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03/06/13
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03/06/13
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  • 16

    Aug

ORCL

Oracle

$48.23

0.21 (0.44%)

, RMNI

Rimini Street

$6.01

0.11 (1.86%)

18:26
08/14/18
08/14
18:26
08/14/18
18:26
Hot Stocks
Court grants Oracle's motion for permanent injunction against Rimini Street »

For the second time, a…

ORCL

Oracle

$48.23

0.21 (0.44%)

RMNI

Rimini Street

$6.01

0.11 (1.86%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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NVDA

Nvidia

$261.47

5.39 (2.10%)

18:22
08/14/18
08/14
18:22
08/14/18
18:22
Upgrade
Nvidia rating change at Wells Fargo »

Nvidia double-upgraded to…

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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  • 16

    Aug

CVS

CVS Health

$71.39

1.88 (2.70%)

18:20
08/14/18
08/14
18:20
08/14/18
18:20
Hot Stocks
CVS Health says 'actively working' with Ohio Managed Medicaid clients »

"CVS Health is…

03/08/13
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03/06/13
Citigroup
03/06/13
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  • 15

    Oct

VRAY

ViewRay

$9.89

-0.01 (-0.10%)

18:18
08/14/18
08/14
18:18
08/14/18
18:18
Syndicate
ViewRay $125M Spot Secondary; price range $9.25-$9.50 »

Morgan Stanley, Jefferies…

03/08/13
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03/06/13
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03/06/13
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  • 14

    Aug

  • 04

    Sep

CRZO

Carrizo Oil & Gas

$24.31

0.62 (2.62%)

18:16
08/14/18
08/14
18:16
08/14/18
18:16
Syndicate
Carrizo Oil & Gas 9.5M share Spot Secondary; price range $22.90-$23.50 »

Citi and Goldman Sachs…

03/08/13
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03/06/13
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  • 28

    Aug

  • 15

    Aug

WTW

Weight Watchers

$77.39

1.8 (2.38%)

18:12
08/14/18
08/14
18:12
08/14/18
18:12
Syndicate
Weight Watchers 6M share Block Trade; price range $76.00-$77.00 »

Morgan Stanley is acting…

03/08/13
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ERI

Eldorado Resorts

$43.85

0.55 (1.27%)

, PAY

Verifone

$23.00

-0.02 (-0.09%)

18:05
08/14/18
08/14
18:05
08/14/18
18:05
Hot Stocks
S&P announces changes to S&P MidCap 400 index »

S&P Dow Jones Indices…

ERI

Eldorado Resorts

$43.85

0.55 (1.27%)

PAY

Verifone

$23.00

-0.02 (-0.09%)

ADNT

Adient

$42.65

0.19 (0.45%)

DCT

DCT Industrial

$65.28

-0.34 (-0.52%)

PLD

Prologis

$64.05

-0.38 (-0.59%)

03/08/13
Wedge Partners
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03/06/13
Citigroup
03/06/13
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CE

Celanese

$116.73

0.7 (0.60%)

18:00
08/14/18
08/14
18:00
08/14/18
18:00
Hot Stocks
Celanese to increase price of acetate flake by 50c/kg »

Celanese will increase…

03/08/13
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03/08/13
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  • 05

    Sep

GDDY

GoDaddy

$75.81

0.52 (0.69%)

17:43
08/14/18
08/14
17:43
08/14/18
17:43
Syndicate
GoDaddy files to sell 10,398,942 shares of Class A common stock »

Selling stockholders are…

03/08/13
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MAG

MAG Silver

$8.64

0.07 (0.82%)

17:41
08/14/18
08/14
17:41
08/14/18
17:41
Earnings
MAG Silver reports Q2 EPS (3c), consensus (2c) »

Reports cash and cash…

03/08/13
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GLD

SPDR Gold Trust

$113.07

0.09 (0.08%)

17:39
08/14/18
08/14
17:39
08/14/18
17:39
Hot Stocks
SPDR Gold Trust holdings fall to 776.65MT from 784.60MT »

This is the 2nd…

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SNES

SenesTech

$0.95

-0.0779 (-7.60%)

17:36
08/14/18
08/14
17:36
08/14/18
17:36
Syndicate
Breaking Syndicate news story on SenesTech »

SenesTech files to sell…

03/08/13
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03/08/13
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03/06/13
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MXWL

Maxwell

$3.98

0.59 (17.40%)

17:36
08/14/18
08/14
17:36
08/14/18
17:36
Hot Stocks
Breaking Hot Stocks news story on Maxwell »

VIEX Capital Advisors…

03/08/13
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KEY

KeyCorp

$21.44

0.26 (1.23%)

, SYMC

Symantec

$18.66

-0.15 (-0.80%)

17:35
08/14/18
08/14
17:35
08/14/18
17:35
Hot Stocks
Appaloosa adds KeyCorp, exits NVIDIA »

David Tepper's…

KEY

KeyCorp

$21.44

0.26 (1.23%)

SYMC

Symantec

$18.66

-0.15 (-0.80%)

CFG

Citizens Financial

$40.39

0.54 (1.36%)

VST

Vistra Energy

$22.41

0.31 (1.40%)

EDU

New Oriental Education

$85.07

-0.08 (-0.09%)

QQQ

Invesco QQQ Trust

$181.44

1.1 (0.61%)

AMAT

Applied Materials

$48.38

0.12 (0.25%)

SMH

Market Vectors Semiconductor

$105.49

-0.25 (-0.24%)

ALL

Allstate

$98.35

0.2 (0.20%)

NVDA

Nvidia

$261.47

5.39 (2.10%)

MU

Micron

$50.62

-0.73 (-1.42%)

WDC

Western Digital

$64.98

0.75 (1.17%)

LNG

Cheniere Energy

$63.48

-0.13 (-0.20%)

WFC

Wells Fargo

$58.07

0.43 (0.75%)

PAH

Platform Specialty Products

$12.26

0.08 (0.66%)

BABA

Alibaba

$172.53

-5.12 (-2.88%)

NRG

NRG Energy

$32.83

0.33 (1.02%)

BAC

Bank of America

$30.80

0.33 (1.08%)

MGM

MGM Resorts

$28.99

-0.04 (-0.14%)

ALY

Allis-Chalmers

$0.00

(0.00%)

FB

Facebook

$181.11

1.03 (0.57%)

AGN

Allergan

$184.44

0.18 (0.10%)

GOOG

Alphabet

$1,241.95

6.85 (0.55%)

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