Breaking News Instant updates and real-time market news.

NSC

Norfolk Southern

$172.39

1.28 (0.75%)

16:09
08/14/18
08/14
16:09
08/14/18
16:09

Norfolk Southern upgraded to Buy from Hold at Deutsche Bank

  • 26

    Aug

  • 06

    Nov

NSC Norfolk Southern
$172.39

1.28 (0.75%)

07/26/18
LOOP
07/26/18
UPGRADE
Target $173
LOOP
Hold
Norfolk Southern upgraded to Hold from Sell at Loop Capital
Loop Capital analyst Rick Paterson upgraded Norfolk Southern (NSC) to Hold from Sell and raised his price target to $173 from $140 after its Q2 earnings beat, citing improvements in service made in June-July after a poor month of May. The analyst also notes that its "locomotive situation" is also better, but still sees the company's crew as too lean heading into the peak season. Paterson is still concerned that CSX (CSX) is taking market share from Norfolk Southern with operating ratio that's nearly 6 points lower, adding there is also little evidence that the latter can achieve "historically efficient operations" threshold of 24mph from its current 19mph.
07/18/18
LOOP
07/18/18
UPGRADE
Target $78
LOOP
Buy
CSX upgraded to Buy at Loop Capital on continued operating ratio progress
As reported earlier, Loop Capital analyst Rick Paterson upgraded CSX (CSX) to Buy from Hold and raised his price target to $78 from $65 after the company's Q2 earnings beat. The analyst says CSX is making "continued progress on the adoption of its scheduled operating model", delivering an operating ratio of 59.8% in Q2 vs. 64.7% last year. Paterson adds that CSX has widened its gap relative to regional competitor Norfolk Southern (NSC) thanks to its improved operating efficiency, capturing market share and generating relative growth.
06/25/18
06/25/18
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. BorgWarner (BWA) upgraded to Buy from Neutral at Goldman Sachs with analyst David Tamberrino saying he believes the company will outperform supplier peers late in the North American auto cycle. 2. Norfolk Southern (NSC) upgraded to Buy from Neutral at Citi with analyst Christian Wetherbee stating that he sees solid upside to consensus estimates and the potential for multiple appreciation based on "sustainably better" free cash flow. 3. Quest Diagnostics (DGX) upgraded to Overweight from Equal Weight at Barclays with analyst Jack Meehan citing the company's "very favorable" risk-reward profile and current levels. 4. Ciena (CIEN) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Meta Marshall saying recent meetings with management give her confidence that revenue momentum can persist at least for the next year. 5. Microsoft (MSFT) upgraded to Overweight from Neutral at Atlantic Equities with analyst James Cordwell stating the company has successfully managed the cloud transition, while expanding its addressable market, and should now be a primary beneficiary of enterprises undertaking digital transformations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/25/18
SBSH
06/25/18
UPGRADE
Target $176
SBSH
Buy
Norfolk Southern upgraded to Buy from Neutral at Citi
As previously reported, Citi analyst Christian Wetherbee upgraded Norfolk Southern to Buy from Neutral and raised his price target to $176 from $161, telling investors in a research note that he sees solid upside to consensus estimates and the potential for multiple appreciation based on "sustainably better" free cash flow. While he says Norfolk Southern's service issues has kept him on the sidelines previously, volume and pricing trends have been better than expected and he wants to take advantage of the modest pause in shares to get more constructive.

TODAY'S FREE FLY STORIES

08:15
12/10/18
12/10
08:15
12/10/18
08:15
General news
Treasury Action: supply is heavy this week and with a $78 B 3-pronged package »

Treasury Action: supply…

08:15
12/10/18
12/10
08:15
12/10/18
08:15
General news
Fedspeak goes into hibernation this week »

Fedspeak goes into…

XRF

China Rapid Finance

$1.64

0.02 (1.23%)

08:14
12/10/18
12/10
08:14
12/10/18
08:14
Hot Stocks
China Rapid Finance VP Lan Xie completes planned onboarding as CFO »

China Rapid Finance…

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

TROX

Tronox

$7.30

-0.4 (-5.19%)

08:14
12/10/18
12/10
08:14
12/10/18
08:14
Recommendations
Tronox analyst commentary  »

Tronox has 60%-65% chance…

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

ATH

Athene Holding

$39.91

-0.99 (-2.42%)

08:13
12/10/18
12/10
08:13
12/10/18
08:13
Hot Stocks
Athene Holding announces new $250M share repurchase authorization »

Athene announced that its…

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

08:12
12/10/18
12/10
08:12
12/10/18
08:12
Conference/Events
The Washington Journal discusses federal support of the auto industry »

Reuters'…

ATH

Athene Holding

$39.91

-0.99 (-2.42%)

, LNC

Lincoln National

$56.38

-1.32 (-2.29%)

08:12
12/10/18
12/10
08:12
12/10/18
08:12
Hot Stocks
Athene announces block reinsurance transaction with Lincoln National »

Athene Holding (ATH) has…

ATH

Athene Holding

$39.91

-0.99 (-2.42%)

LNC

Lincoln National

$56.38

-1.32 (-2.29%)

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

  • 11

    Dec

  • 12

    Dec

EKSO

Ekso Bionics

$1.78

-0.03 (-1.66%)

08:12
12/10/18
12/10
08:12
12/10/18
08:12
Hot Stocks
Ekso Bionics secures purchase orders for EksoVest from two manufacturers »

Ekso Bionics announced…

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

AHT

Ashford Hospitality

$4.71

-0.165 (-3.39%)

08:12
12/10/18
12/10
08:12
12/10/18
08:12
Hot Stocks
Ashford Hospitality expects to pay quarterly dividend of 12c per share in 2019 »

The Board approved 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

ADS

Alliance Data

$180.43

-6.725 (-3.59%)

08:12
12/10/18
12/10
08:12
12/10/18
08:12
Upgrade
Alliance Data rating change  »

Alliance Data upgraded to…

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

  • 11

    Dec

  • 12

    Dec

BESI

BE Semiconductor Ind

$0.00

(0.00%)

08:12
12/10/18
12/10
08:12
12/10/18
08:12
Conference/Events
BE Semiconductor Ind management to meet with Deutsche Bank »

Meeting to be held in New…

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

    Dec

TVTY

Tivity Health

$40.60

-0.27 (-0.66%)

, NTRI

Nutrisystem

$34.19

-1.07 (-3.03%)

08:12
12/10/18
12/10
08:12
12/10/18
08:12
Hot Stocks
Tivity Health says has been exploring best ways to deploy capital, including M&A »

Tivity Health (TVTY) says…

TVTY

Tivity Health

$40.60

-0.27 (-0.66%)

NTRI

Nutrisystem

$34.19

-1.07 (-3.03%)

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

    Dec

BHR

Braemar Hotels & Resorts

$9.97

0.2 (2.05%)

08:11
12/10/18
12/10
08:11
12/10/18
08:11
Hot Stocks
Braemar Hotels & Resorts expects to pay quarterly dividend of 16c in 2019 »

The Board approved 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

AES

AES Corp.

$15.54

0.08 (0.52%)

08:10
12/10/18
12/10
08:10
12/10/18
08:10
Hot Stocks
AES Corp. raises quarterly dividend by 5% to 13.65c per share from 13c per share »

The board of AES…

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

  • 11

    Dec

STZ

Constellation Brands

$188.62

-2.13 (-1.12%)

, CGC

Canopy Growth

$31.39

1.1 (3.63%)

08:10
12/10/18
12/10
08:10
12/10/18
08:10
Recommendations
Constellation Brands, Canopy Growth analyst commentary  »

Constellation still top…

STZ

Constellation Brands

$188.62

-2.13 (-1.12%)

CGC

Canopy Growth

$31.39

1.1 (3.63%)

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

COF

Capital One

$82.66

-1.93 (-2.28%)

, WFC

Wells Fargo

$50.26

-0.82 (-1.61%)

08:10
12/10/18
12/10
08:10
12/10/18
08:10
Upgrade
Capital One, Wells Fargo, Citizens Financial, PNC Financial rating change  »

Capital One valuation…

COF

Capital One

$82.66

-1.93 (-2.28%)

WFC

Wells Fargo

$50.26

-0.82 (-1.61%)

CFG

Citizens Financial

$33.01

-0.77 (-2.28%)

PNC

PNC Financial

$126.77

-2.5 (-1.93%)

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

  • 11

    Dec

  • 12

    Dec

  • 16

    Jan

  • 16

    Jan

  • 12

    Apr

  • 12

    Apr

  • 13

    Jul

  • 17

    Jul

  • 12

    Oct

  • 16

    Oct

LNC

Lincoln National

$56.38

-1.32 (-2.29%)

, ATH

Athene Holding

$39.91

-0.99 (-2.42%)

08:10
12/10/18
12/10
08:10
12/10/18
08:10
Hot Stocks
Lincoln National announces reinsurance transaction with Athene Holding »

Lincoln Financial Group…

LNC

Lincoln National

$56.38

-1.32 (-2.29%)

ATH

Athene Holding

$39.91

-0.99 (-2.42%)

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

  • 11

    Dec

  • 12

    Dec

TDC

Teradata

$36.82

-0.89 (-2.36%)

08:10
12/10/18
12/10
08:10
12/10/18
08:10
Conference/Events
Teradata to host analyst day »

Analyst day to be held on…

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

  • 12

    Dec

08:09
12/10/18
12/10
08:09
12/10/18
08:09
Conference/Events
The Washington Journal holds a discussion on the potenital government shutdown »

Director Aaron Jones of…

EBAY

eBay

$29.06

-0.44 (-1.49%)

08:09
12/10/18
12/10
08:09
12/10/18
08:09
Hot Stocks
eBay announces launch of 'Green Monday' deals »

eBay is launching big…

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

  • 03

    Mar

FLIR

Flir Systems

$43.34

-1.4 (-3.13%)

08:09
12/10/18
12/10
08:09
12/10/18
08:09
Conference/Events
Flir Systems management to meet with Seaport Global »

Meeting to be held in New…

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

  • 11

    Dec

PFNX

Pfenex

$3.48

-0.13 (-3.60%)

, LLY

Eli Lilly

$113.63

-2.175 (-1.88%)

08:09
12/10/18
12/10
08:09
12/10/18
08:09
Hot Stocks
Pfenex submits PF708 NDA to FDA »

Pfenex (PFNX) announced…

PFNX

Pfenex

$3.48

-0.13 (-3.60%)

LLY

Eli Lilly

$113.63

-2.175 (-1.88%)

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

  • 19

    Dec

SIR

Select Income REIT

$19.18

-0.22 (-1.13%)

, GOV

Government Properties

$8.58

-0.2 (-2.28%)

08:08
12/10/18
12/10
08:08
12/10/18
08:08
Hot Stocks
Select Income REIT says ISS recommends vote for Government Properties merger »

Select Income REIT (SIR)…

SIR

Select Income REIT

$19.18

-0.22 (-1.13%)

GOV

Government Properties

$8.58

-0.2 (-2.28%)

RMR

RMR Group

$62.60

-2.24 (-3.45%)

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

ETSY

Etsy

$54.00

-1.51 (-2.72%)

08:08
12/10/18
12/10
08:08
12/10/18
08:08
Conference/Events
Etsy management to meet with KeyBanc »

Meeting to be held on 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

  • 11

    Dec

AJG

Arthur J. Gallagher

$74.61

-0.48 (-0.64%)

08:08
12/10/18
12/10
08:08
12/10/18
08:08
Hot Stocks
Arthur J. Gallagher acquires Accompass, terms not disclosed »

Arthur J. Gallagher &…

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

    Dec

  • 11

    Dec

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.