Breaking News Instant updates and real-time market news.

SYY

Sysco

$72.72

4.31 (6.30%)

09:18
08/14/18
08/14
09:18
08/14/18
09:18

Sysco price target raised to $81 from $74 at BMO Capital

BMO Capital analyst Kelly Bania raised her price target on Sysco to $81 and kept her Outperform rating after its better than expected Q4 earnings. The analyst says the results suggest that the "independent restaurant segment remain healthy" and the company's execution remains strong relative to peers, with rising freight and fuel costs being managed successfully. Bania adds that Sysco's international expansion remains in its "investment phase", anticipating the company to achieve its 3-year operating income growth target.

SYY Sysco
$72.72

4.31 (6.30%)

08/14/18
LOOP
08/14/18
NO CHANGE
Target $80
LOOP
Buy
Sysco price target raised to $80 from $70 at Loop Capital
Loop Capital analyst Andrew Wolf raised his price target on Systo $80 and kept his Buy rating after its Q4 results showed "solid momentum", adding that its growth target look "very achievable". The analyst cites a U.S. total case growth of 5.3% and also estimates the "real internal sales growth" at 3.9% - the best rate of growth in "nearly 8 years". Wolf believes that Sysco's momentum is sustainable in the intermediate term as the company offers "reliable defensive growth and increasing returns on capital", which is "rare" in the large-cap staples group.
08/10/18
08/10/18
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. Intel (INTC) downgraded to Sell from Neutral at Goldman Sachs with analyst Toshiya Hari saying Intel's struggles with 10nm process technology makes the analyst incrementally more negative on the company's competitive positioning and margin outlook. 2. Booking Holdings (BKNG) downgraded to Neutral from Buy at Citi and UBS as well as Neutral from Overweight at JPMorgan. 3. Sysco (SYY) downgraded to Sell from Hold at Pivotal Research with analyst Ajay Jain saying he believes the move up in the stock over the past three months is inconsistent with growing industry headwinds as well as Sysco's company-specific issues. 4. Campbell Soup (CPB) downgraded to Underweight from Neutral at JPMorgan with analyst Ken Goldman saying he agrees with activist Third Point that Campbell's best option is to sell the company; however, he sees a sale as an unlikely outcome. 5. Redfin (RDFN) downgraded to Neutral from Buy at DA Davidson with analyst Tom White citing its Q2 results and below-consensus Q3 guidance. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/10/18
PIVT
08/10/18
DOWNGRADE
Target $58
PIVT
Sell
Sysco downgraded to Sell from Hold at Pivotal Research
Pivotal Research analyst Ajay Jain downgraded Sysco to Sell from Hold ahead of the company's Q4 earnings report scheduled for Monday, as he believes the move up in the stock over the past three months is inconsistent with growing industry headwinds as well as Sysco's company-specific issues. Jain maintains a $58 price target on Sysco shares.
07/18/18
WELS
07/18/18
NO CHANGE
Target $48
WELS
Outperform
US Foods price target raised to $48 from $42 at Wells Fargo
Wells Fargo analyst Edward Kelly raised his price target for US Foods (USFD) to $48 from $42 as his confidence in potential upside to his already above-consensus numbers is growing. The analyst believes the stock remains compelling as the combination of accelerating top and bottom-line performance in the coming quarters, potential upside to the company's three-year goals, a large longer-term self-help angle associated with the margin gap to Sysco (SYY), outsized leverage to M&A, and a discount valuation could all yield material upside to the stock. Kelly reiterates an Outperform rating on US Foods rating.

TODAY'S FREE FLY STORIES

LYFT

Lyft

$60.15

-0.76 (-1.25%)

, UBER

Uber

$0.00

(0.00%)

10:26
04/23/19
04/23
10:26
04/23/19
10:26
On The Fly
Lyft dips below $60 despite bullish calls from several Wall Street analysts »

Following a quiet period…

LYFT

Lyft

$60.15

-0.76 (-1.25%)

UBER

Uber

$0.00

(0.00%)

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

  • 07

    May

TSLA

Tesla

$262.30

-0.6 (-0.23%)

10:25
04/23/19
04/23
10:25
04/23/19
10:25
Recommendations
Tesla analyst commentary  »

Roth Capital sees…

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

    Apr

MA

MasterCard

$243.02

0.02 (0.01%)

, PYPL

PayPal

$107.15

0.37 (0.35%)

10:25
04/23/19
04/23
10:25
04/23/19
10:25
Conference/Events
Cantor Fitzgerald tech services analyst to hold analyst/industry conference call »

Tech Services Analyst…

MA

MasterCard

$243.02

0.02 (0.01%)

PYPL

PayPal

$107.15

0.37 (0.35%)

WP

Worldpay

$112.93

0.17 (0.15%)

FIS

FIS

$112.39

0.22 (0.20%)

GPN

Global Payments

$142.15

1.53 (1.09%)

IMXI

International Money Express

$11.91

-0.08 (-0.67%)

JKHY

Jack Henry

$145.18

0.67 (0.46%)

SQ

Square

$72.62

0.03 (0.04%)

V

Visa

$161.15

0.76 (0.47%)

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

  • 23

    Apr

  • 24

    Apr

  • 24

    Apr

  • 25

    Apr

  • 25

    Apr

  • 30

    Apr

  • 30

    Apr

  • 01

    May

  • 01

    May

  • 02

    May

  • 07

    May

  • 07

    May

  • 09

    May

  • 14

    May

  • 16

    May

  • 18

    May

  • 22

    May

  • 22

    May

  • 29

    May

  • 03

    Jun

  • 05

    Jun

  • 11

    Jun

  • 25

    Jun

  • 13

    Nov

C

Citi

$68.70

-0.37 (-0.54%)

10:25
04/23/19
04/23
10:25
04/23/19
10:25
Conference/Events
Citi to hold a conference call »

CFO Mason and Treasurer…

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

  • 23

    Apr

  • 23

    Apr

  • 14

    May

  • 29

    May

  • 03

    Jun

  • 11

    Jun

  • 13

    Jul

  • 15

    Jul

HLX

Helix Energy

$7.83

-0.76 (-8.85%)

10:23
04/23/19
04/23
10:23
04/23/19
10:23
Earnings
Helix Energy sees FY19 revenue $700M-$760M, consensus $735.51M »

Sees FY19 adjusted EBITDA…

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

  • 23

    Apr

  • 15

    May

JBLU

JetBlue

$17.28

0.435 (2.58%)

10:21
04/23/19
04/23
10:21
04/23/19
10:21
Hot Stocks
JetBlue see FY19 CapEx $1.2B-$1.4B »

Says Puerto Rico is…

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

  • 23

    Apr

  • 16

    May

  • 12

    Jun

ESV

Ensco Rowan

$16.86

0.725 (4.49%)

10:20
04/23/19
04/23
10:20
04/23/19
10:20
Options
Call buyers in Ensco as shares gain 3.5% »

Call buyers in Ensco as…

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

  • 02

    May

  • 06

    May

  • 22

    May

10:20
04/23/19
04/23
10:20
04/23/19
10:20
General news
Treasury Action: yields remain richer »

Treasury Action: yields…

PII

Polaris Industries

$97.88

-1.045 (-1.06%)

10:17
04/23/19
04/23
10:17
04/23/19
10:17
Hot Stocks
Polaris Industries says April off to a strong start »

Says customer demand was…

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

  • 23

    Apr

  • 25

    Apr

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
04/23/19
04/23
10:17
04/23/19
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
04/23/19
04/23
10:16
04/23/19
10:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

AXL

American Axle

$15.44

-0.05 (-0.32%)

, GOOGL

Alphabet Class A

$1,261.26

7.32 (0.58%)

10:15
04/23/19
04/23
10:15
04/23/19
10:15
Hot Stocks
Alphabet's Waymo partners with American Axle to repurpose plant to make vehicles »

The team at…

AXL

American Axle

$15.44

-0.05 (-0.32%)

GOOGL

Alphabet Class A

$1,261.26

7.32 (0.58%)

GOOG

Alphabet

$1,255.00

6.04 (0.48%)

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

  • 29

    Apr

  • 29

    Apr

  • 02

    May

  • 03

    May

  • 14

    May

  • 27

    Oct

10:15
04/23/19
04/23
10:15
04/23/19
10:15
General news
U.S. new home sales rose 4.5% to 692k in March »

U.S. new home sales rose…

10:15
04/23/19
04/23
10:15
04/23/19
10:15
General news
U.S. April Richmond Fed manufacturing index fell 7 points to 3 »

U.S. April Richmond Fed…

KSS

Kohl's

$72.07

4.64 (6.88%)

, AMZN

Amazon.com

$1,904.20

16.1 (0.85%)

10:11
04/23/19
04/23
10:11
04/23/19
10:11
On The Fly
Kohl's to accept Amazon returns in all stores beginning in July »

Shares of Kohl's (KSS)…

KSS

Kohl's

$72.07

4.64 (6.88%)

AMZN

Amazon.com

$1,904.20

16.1 (0.85%)

UA

Under Armour

$19.64

0.11 (0.56%)

UAA

Under Armour

$22.09

0.145 (0.66%)

PLNT

Planet Fitness

$73.94

0.245 (0.33%)

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

    Apr

  • 29

    Apr

  • 02

    May

  • 02

    May

  • 02

    May

  • 09

    May

  • 09

    May

  • 10

    May

  • 15

    May

  • 21

    May

  • 22

    May

  • 03

    Jun

CCJ

Cameco

$11.90

0.01 (0.08%)

10:10
04/23/19
04/23
10:10
04/23/19
10:10
Options
Cameco calls active »

Cameco calls active. The…

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

10:10
04/23/19
04/23
10:10
04/23/19
10:10
General news
FX Action: The dollar »

FX Action: The dollar…

10:06
04/23/19
04/23
10:06
04/23/19
10:06
General news
Richmond Fed Manufacturing Index Level data reported »

April Richmond Fed…

10:02
04/23/19
04/23
10:02
04/23/19
10:02
General news
New Home Sales data reported »

March New Home Sales at…

HLX

Helix Energy

$7.79

-0.8 (-9.31%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Helix Energy falls -8.7% »

Helix Energy is down…

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

  • 23

    Apr

  • 15

    May

MLI

Mueller Industries

$27.50

-3.7 (-11.86%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Mueller Industries falls -12.7% »

Mueller Industries is…

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

  • 02

    May

WAT

Waters

$208.29

-32.79 (-13.60%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Waters falls -13.6% »

Waters is down -13.6%, or…

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

  • 23

    Apr

  • 07

    May

  • 14

    May

ABG

Asbury Automotive

$80.30

6.98 (9.52%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Asbury Automotive rises 9.2% »

Asbury Automotive is up…

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

  • 23

    Apr

  • 03

    Jun

GLD

SPDR Gold Shares

$119.89

-0.48 (-0.40%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Options
10K SPDR Gold Trust July 116 - 117 put spreads trade 23c »

10K SPDR Gold Trust July…

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

TWTR

Twitter

$38.65

4.26 (12.39%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Twitter rises 12.4% »

Twitter is up 12.4%, or…

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

  • 23

    Apr

  • 20

    May

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.