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URBN

Urban Outfitters

$47.75

0.23 (0.48%)

, LZB

La-Z-Boy

$33.03

0.675 (2.09%)

18:59
08/21/18
08/21
18:59
08/21/18
18:59

On The Fly: After Hours Movers

UP AFTER EARNINGS: La-Z-Boy (LZB) up 16.6%... Keysight Technologies (KEYS) up 13.5%... Pure Storage (PSTG) up 10.1%... Urban Outfitters (URBN) up 4.6%... Myriad Genetics (MYGN) up 1.3%. ALSO HIGHER: Zynga (ZNGA) up 8.3% after partnering with Disney on a free Star Wars game... iStar (STAR) up 5.9% after entering S&P SmallCap 600 index... Flex Ltd (FLEX) up 3.3% after securing shareholder approval for share repurchases... Ocular Therapeutics (OCUL) up 2.9% after filing disclosing CEO stock purchase. DOWN AFTER EARNINGS: Super Micro Computer (SMCI) down 19.9%... Ferroglobe (GSM) down 6.2%... Red Robin (RRGB) down 3.0%. ALSO LOWER: New Age Beverage Corp (NBEV) down 11.7% after announcing equity offering... Hawaiian Holdings (HA) down 3.9% after suspending service to Beijing... J Jill (JILL) down 1.9% after downgrade to Market Perform at Cowen.

URBN

Urban Outfitters

$47.75

0.23 (0.48%)

LZB

La-Z-Boy

$33.03

0.675 (2.09%)

KEYS

Keysight Technologies

$60.47

0.28 (0.47%)

PSTG

Pure Storage

$22.03

0.23 (1.06%)

MYGN

Myriad Genetics

$42.83

0.9 (2.15%)

ZNGA

Zynga

$3.75

0.01 (0.27%)

STAR

iStar

$10.06

-0.04 (-0.40%)

FLEX

Flex

$13.80

0.17 (1.25%)

OCUL

Ocular Therapeutix

$6.12

0.07 (1.16%)

SMCI

Super Micro Computer

$18.45

-0.425 (-2.25%)

GSM

Ferroglobe

$8.11

0.09 (1.12%)

RRGB

Red Robin

$40.15

0.4 (1.01%)

NBEV

New Age Beverages

$1.59

0.05 (3.26%)

HA

Hawaiian Holdings

$43.70

-0.25 (-0.57%)

JILL

J.Jill

$6.85

-0.77 (-10.11%)

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URBN Urban Outfitters
$47.75

0.23 (0.48%)

08/14/18
08/14/18
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. Chubb (CB) downgraded to Sell from Hold at Deutsche Bank with analyst Joshua Shanker saying the company's recent quarterly results show that Chubb, post-merger, is unable to grow its business at the levels of its peers. 2. Switch (SWCH) was downgraded to Market Perform from Outperform at Raymond James, to Neutral from Overweight at JPMorgan, and to Neutral from Buy at BTIG. 3. Urban Outfitters (URBN) downgraded to Neutral from Outperform at Baird with analyst Mark Altschwager citing valuation. 4. Premier (PINC) downgraded to Hold from Buy at Canaccord with analyst Richard Close citing its quarter-to-date outperformance. 5. Parker-Hannifin (PH) downgraded to Hold from Buy at Argus with analyst John Eade saying that while the company's recent Q4 results topped expectations, management's outlook for FY19 was worse than expected. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/14/18
BARD
08/14/18
DOWNGRADE
BARD
Neutral
Urban Outfitters downgraded to Neutral on valuation at Baird
Baird analyst Mark Altschwager downgraded Urban Outfitters to Neutral from Outperform citing valuation and maintained a $53 price target.
08/13/18
LOOP
08/13/18
NO CHANGE
Target $55
LOOP
Buy
Urban Outfitters price target raised to $55 from $50 at Loop Capital
Loop Capital analyst Laura Champine raised her price target on Urban Outfitters to $55 ahead of its earnings next week, citing "continued momentum in apparel sales", with every segment reporting SSS growth. The analyst expects that momentum to be sustained or accelerate for the rest of year, also noting less promotional activity and "conservative" expectations. Champine keeps her Buy rating on Urban Outfitters, adding that its valuation of 16-times expected forward earnings is "attractive".
07/13/18
07/13/18
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. Galmed (GLMD) initiated with a Buy at Stifel. 2. Oshkosh (OSK) initiated with a Buy at Longbow. 3. Domo (DOMO) was initiated with a Positive at Susquehanna and an Outperform at Oppenheimer. 4. ADMA Biologics (ADMA) initiated with an Outperform at Oppenheimer. 5. Urban Outfitters (URBN) initiated with a Neutral at Wedbush and an Outperform at Wedbush. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
LZB La-Z-Boy
$33.03

0.675 (2.09%)

06/21/18
KEYB
06/21/18
NO CHANGE
KEYB
Supreme Court ruling negative for Wayfair, eBay and Etsy, says KeyBanc
After the Supreme Court ruled that states can require online merchants to collect sales taxes, KeyBanc analyst Edward Yruma called the ruling a negative for Wayfair (W), arguing that it may reduce some of the price differential that has helped it gain share from traditional peers. The ruling is also a negative, but to a lesser degree, for eBay (EBAY) and Etsy (ETSY), said Yruma, who views the impact on those two as more related to compliance and implementation. He adds that the news could be a modest positive for retailers of high-ticket and branded products, such as Best Buy (BBY), Home Depot (HD), Lowe's (LOW), La-Z-Boy (LZB), Kirkland's (KIRK), RH (RH) and Williams-Sonoma (WSM).
KEYS Keysight Technologies
$60.47

0.28 (0.47%)

07/02/18
JEFF
07/02/18
NO CHANGE
Target $63
JEFF
Buy
Keysight management meetings upbeat, says Jefferies
Jefferies analyst Brandon Couillard calls his meetings with Keysight Technologies management upbeat and says he came away with increased conviction in his positive thesis. The company looks well positioned as a supplier of "critical picks and shovels to several big growth areas," including 5G and connected cars, Couillard tells investors in a research note. He believes Keysight's multiple can expand as "confidence in the longevity of its growth vectors matures." The analyst reiterates a Buy rating on the shares with a $63 price target.
07/18/18
SBSH
07/18/18
NO CHANGE
Target $71
SBSH
Buy
Keysight Technologies price target raised to $71 from $62 at Citi
Citi analyst Jim Suva raised his price target for Keysight Technologies to $71 and keeps a Buy rating on the shares ahead of the company's Q3 results. The analyst expects Keysight to report revenue at the high-end of guidance and above consensus.
05/31/18
DBAB
05/31/18
NO CHANGE
Target $66
DBAB
Buy
Keysight target raised to $66 on 'solid' Q2 sales at Deutsche Bank
Deutsche Bank analyst Vijay Bhagavath raised his price target for Keysight Technologies to $66 from $63 citing the company's "solid" sales results in Q2. The analyst is encouraged by the "double digit" order growth in 5G, Auto, Energy, Aero Defense, and Government. Despite the stock's 30% rise year-to-date, the analyst still believes Keysight remains an "early cycle" idea in emerging growth themes. He keeps a Buy rating on the shares.
03/09/18
FBCO
03/09/18
NO CHANGE
Target $57
FBCO
Outperform
Keysight's analyst day 'in-line' with expectations, says Credit Suisse
Credit Suisse analyst Farhan Ahman raised his price target for Keysight Technologies to $57 from $54 following the company's analyst day, which he views as "largely in-line" with expectations. The analyst believes the company's targets highlight a "strong" commitment to operational execution and views Keysight as a play on 5G. Should the company execute on its targets, Ahman said there could room for multiple expansion. He keeps an Outperform rating on the shares.
PSTG Pure Storage
$22.03

0.23 (1.06%)

08/09/18
STFL
08/09/18
NO CHANGE
STFL
Stifel raises NetApp, Pure Storage estimates following channel checks
Stifel analyst Matthew Sheerin said his recent survey of storage-focused value-added-resellers indicated a "highly bullish" tone on all-flash-array spending and he raised his July-quarter estimates for both NetApp (NTAP) and Pure Storage (PSTG) to above consensus following the checks. Despite what he sees as a "relatively stretched valuation," he remains positive on Pure Storage shares, Sheerin tells investors. He maintains a Buy rating and raised his price target on NetApp to $91 from $80 ahead of the company's earnings report, due on August 15. Sheerin keeps a Hold rating on Pure Storage as he sees continued investments keeping operating leverage in check.
06/05/18
STFL
06/05/18
INITIATION
Target $23
STFL
Hold
Pure Storage resumed with a Hold at Stifel
Stifel analyst Matthew Sheerin resumed coverage of Pure Storage with a Hold rating and $23 price target, stating that he expects significant leverage and cash-flow generation as volumes increase but also noting that the shares are trading at a "fair" valuation that is at the upper end of their historic average.
07/27/18
07/27/18
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. NXP Semiconductors (NXPI) reinstated with a Neutral at BofA/Merrill. 2. uniQure (QURE) initiated with an Overweight at Cantor Fitzgerald. 3. Autolus Therapeutics (AUTL) initiated with a Neutral at Goldman Sachs. 4. Pure Storage (PSTG) initiated with an Overweight at JPMorgan. 5. Plains All American (PAA) initiated with a Buy at Seaport Global. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/27/18
JPMS
07/27/18
INITIATION
Target $30
JPMS
Overweight
Pure Storage initiated with an Overweight at JPMorgan
JPMorgan analyst Mark Murphy started Pure Storage with an Overweight rating and $30 price target. Pure is one of the "very few" companies that can "improve the reliability factor of cheap consumer grade flash with the help of software, thus driving cost-efficiencies to make flash broadly palatable for the enterprise," Murphy tells investors in a research note. He expects the company to continue to grow revenue and billings "at a fairly strong clip."
MYGN Myriad Genetics
$42.83

0.9 (2.15%)

07/13/18
MSCO
07/13/18
NO CHANGE
Target $47
MSCO
Overweight
Myriad Genetics price target corrected to $47 from $55 at Morgan Stanley
Morgan Stanley analyst Steve Beuchaw, who upgraded Myriad Genetics to Overweight from Equal Weight on July 11, has issued a corrected version of the original upgrade note in order to adjust his price target on the stock to $47 from $55 based on modifications to his DCF valuation based on a revised way in which he considers amortization and a recent acquisition. Overall, he raised his FY19 and FY20 EPS estimates by 1% and 18%, respectively.
07/11/18
07/11/18
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. Myriad Genetics (MYGN) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Steve Beuchaw saying the core HCT business is showing more durability, with volumes returning to growth and price declines slowing, while the acquisitions of Assurex and Counsyl are diversifying the company into higher growth and improving average selling price testing markets. 2. HSBC (HSBC) upgraded to Overweight from Neutral at JPMorgan with analyst Katherine Lei saying despite stable asset quality and an improving net interest margin outlook, HSBC's share price corrected 14% from the peak in January. 3. Conn's (CONN) upgraded to Buy from Hold at Stifel with analyst John Baugh saying he left a recent meeting with management feeling confident that the recent indications of improvement in the credit segment should continue. 4. TripAdvisor (TRIP) upgraded to Overweight from Equal Weight at Barclays with analyst Deepak Mathivanan saying the company's fundamentals "are starting to turn around." 5. Imperial Oil (IMO) upgraded to Equal Weight from Underweight at Barclays. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/11/18
MSCO
07/11/18
UPGRADE
Target $55
MSCO
Overweight
Myriad Genetics upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Steve Beuchaw upgraded Myriad Genetics to Overweight from Equal Weight after raising his estimates by more than 20% given his view that its earnings profile is "dramatically changing." He said the core HCT business is showing more durability, with volumes returning to growth and price declines slowing, while the acquisitions of Assurex and Counsyl are diversifying the company into higher growth and improving average selling price testing markets. Beuchaw raised his price target on Myriad shares to $55 from $35.
07/16/18
BOFA
07/16/18
NO CHANGE
Target $31
BOFA
Underperform
Myriad Genetics price target raised to $31 from $20 at BofA/Merrill
BofA/Merrill analyst Derik de Bruin raised his price target for Myriad Genetics to $31 from $20 ahead of its initial FY19 guidance to include contributions from the recent Counsyl acquisition and higher reimbursement assumptions for GeneSight. The analyst reiterates an Underperform rating on the shares.
ZNGA Zynga
$3.75

0.01 (0.27%)

08/09/18
08/09/18
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Pacific Biosciences (PACB) initiated with an Overweight at Cantor Fitzgerald by analyst Jordan Abrams, who thinks Pacific's long-read next generation sequencing platform is the industry standard for deep genomic analysis in human, plant, and animal genomes, as well as RNA. 2. Heico (HEI) initiated with a Neutral at Baird. 3. Zynga (ZNGA) initiated with an Underweight at Barclays. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/09/18
LEHM
08/09/18
INITIATION
Target $3.7
LEHM
Underweight
Barclays starts Zynga with Underweight rating, $3.70 price target
Barclays analyst Ryan Gee initiated coverage of Zynga with an Underweight rating and $3.70 price target. At 13 times 2019 EBITDA expectations, the stock already reflects solid future execution, Gee tells investors in a research note. He believes that for Zynga to sustain its "premium" multiple, the company must further close the "wide margin gap" relative to peers by accelerating bookings or greatly rationalizing operating expenditures. Much of the "easy" work to grow margins has already happened, Gee contends. He sees more upside elsewhere in the Internet/Gaming group.
08/01/18
BARD
08/01/18
NO CHANGE
Target $4
BARD
Neutral
Zynga Q2 results roughly in line, says Baird
Baird analyst Colin Sebastian kept his Neutral rating and $4 price target on Zynga after its Q2 results. The analyst notes that the 12% rise in bookings to $233.9M was above consensus of $230.4M thanks to continued growth in Mobile, while adjusted EBITDA of $43.6M was above consensus of about $40M. Sebastian adds that Zynga's "mobile momentum of forever franchises continues to increase, while cost efficiencies drive significant margin improvements" for the company.
05/31/18
BNCH
05/31/18
NO CHANGE
Target $5
BNCH
Buy
Zynga price target raised to $5 after Gram Games deal at Benchmark
Benchmark analyst Mike Hickey raised his price target on Zynga to $5 from $4.36 and reiterated his Buy rating after the company announced the acquisition of mobile game developer Gram Games. He contends the "swimmingly boring" deal should drive considerable EBITDA growth while leveraging Zynga's strength in established genres. Hickey also believes this and other potential M&A along with new game launches should help drive bookings growth and continued EBITDA acceleration.
STAR iStar
$10.06

-0.04 (-0.40%)

03/27/18
RAJA
03/27/18
INITIATION
RAJA
Market Perform
iStar initiated with a Market Perform at Raymond James
FLEX Flex
$13.80

0.17 (1.25%)

05/11/18
UBSW
05/11/18
NO CHANGE
Target $18
UBSW
Buy
Flex near-term may be pressured but long-term better, says UBS
UBS analyst Steven Milunovich said Flex boosted its capital expenditure guidance, which may pressure the shares in the near-term as the company ramps up its investment. The analyst noted bookings were strong across the board and guidance was unchanged, giving him confidence in the longer-term outlook for the shares. Milunovich reiterated his Buy rating and $18 price target on Flex shares.
04/27/18
SBSH
04/27/18
NO CHANGE
Target $16
SBSH
Buy
Flex earnings selloff brings buying opportunity, says Citi
Flex's (FLEX) March quarter results were filled with several items that will be viewed by investors as bad news, including a delay in profitability ramp from Nike (NKE) and an unrelated accounting investigation resulting in the stock trading down 15% after hours, Citi analyst Jim Suva tells investors in a research note. The analyst believes the stock pressure is warranted following the 25% gain last year, but does not think these items are a "structural flaw to the company's operations or cash flows." As such, Suva views today's stock pullback as a buying opportunity. The Nike issue should be fully resolved within six months and the accounting investigation appears limited, he argues. The analyst lowered his price target for Flex to $16 from $20 and keeps a Buy rating on the name.
06/18/18
STPT
06/18/18
UPGRADE
STPT
Buy
Flex upgraded to Buy from Hold at Standpoint Research
04/27/18
04/27/18
DOWNGRADE

Market Perform
Flex downgraded to Market Perform, growth pushed out at Raymond James
As previously reported, Raymond James downgraded Flex two notches to Market Perform from Strong Buy following Q4 results. Analyst Adam Tindle said the outsized profit growth he expected in FY19 appears to be back half weighted, at best. Tindle would wait for better visibility into CEC growth, profitability with Nike, and improved utilization in broader CTG before becoming constructive on shares.
OCUL Ocular Therapeutix
$6.12

0.07 (1.16%)

10/23/17
GUGG
10/23/17
INITIATION
Target $12
GUGG
Buy
Ocular Therapeutix initiated with a Buy at Guggenheim
Guggenheim analyst Adnan Butt initiated Ocular Therapeutix with a Buy and $12 price target.
01/19/18
BTIG
01/19/18
UPGRADE
BTIG
Buy
Ocular Therapeutix upgraded to Buy from Neutral at BTIG
01/19/18
BTIG
01/19/18
UPGRADE
Target $9
BTIG
Buy
Ocular Therapeutix upgraded to Buy from Neutral at BTIG
As reported earlier, BTIG analyst Dane Leone upgraded Ocular Therapeutix to Buy from Neutral with a price target of $9. Leone cites the new management's reset of expectation for a resubmission of the Dextenza NDA for post-surgical cataract patients for the first half of this year, which sets a "reasonable 6-month review table" to have approval by year-end. The analyst models Dextenza generating about $16M in sales in 2019 and rising to $116M by 2022.
03/08/18
CANT
03/08/18
NO CHANGE
Target $22
CANT
Overweight
Cantor Fitzgerald says Ocular Therapeutix set up for 'momentous' 2018
Following Ocular Therapeutix's Q4 report and call, during which the company reiterated its guidance to resubmit its application for DEXTENZA in the first half of 2018 and said it continues to anticipate the readout of its Phase 3 OTX-TP study in glaucoma in the fourth quarter, Cantor Fitzgerald analyst Elemer Piros said he expects a "momentous" year for the company. He keeps an Overweight rating on Ocular and raised his price target on the stock to $22 from $21.
SMCI Super Micro Computer
$18.45

-0.425 (-2.25%)

05/07/18
DADA
05/07/18
NO CHANGE
Target $24
DADA
Neutral
Super Micro Computer price target raised to $24 from $20 at DA Davidson
DA Davidson analyst Mark Kelleher raised his price target on Super Micro Computer to $24 after the company's above-consensus Q3 guidance attributed to "strength in all of its market verticals" and indication that results "would have been even stronger, if not for a shortage of components". The analyst further notes that Super Micro is positioned well based on its international growth and a strong portfolio of products but keeps his Neutral rating until its "accounting issue can be clarified and resolved".
11/14/17
WELS
11/14/17
INITIATION
Target $20
WELS
Market Perform
Super Micro Computer initiated with a Market Perform at Wells Fargo
Wells Fargo analyst Aaron Rakers initiated coverage of Super Micro Computer with a Market Perform rating and $20 price target.
09/19/17
SUSQ
09/19/17
DOWNGRADE
SUSQ
Neutral
Super Micro Computer downgraded to Neutral from Positive at Susquehanna
Susquehanna analyst downgraded Super Micro Computer to Neutral and lowered its price target to $23 from $31 citing uncertainty due to the delayed 10-K filing. The analyst prefers to move to the sidelines saying there is too much uncertainty and lowered estimates to reflect increased operating expenses and reduced gross margin expectations.
09/18/17
DADA
09/18/17
DOWNGRADE
Target $27
DADA
Neutral
Super Micro Computer downgraded to Neutral from Buy at DA Davidson
DA Davidson analyst Mark Kelleher downgraded Super Micro Computer to Neutral saying the company's delay in filing last year's 10K creates too much uncertainty. The analyst lowered his price target on the shares to $27 from $33.
GSM Ferroglobe
$8.11

0.09 (1.12%)

03/26/18
JPMS
03/26/18
UPGRADE
Target $13.5
JPMS
Overweight
Ferroglobe upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Michael Gambardella upgraded Ferroglobe to Overweight while lowering his price target for the shares to $13.50 from $18. The analyst reduced his estimates to reflect lower silicon metal prices but views Friday's selloff as "excessive." The stock on Friday closed down 24%, or $3.44, to $11.08 after the U.S. International Trade Commission determined that the imports of silicon metal from Australia and Brazil, Norway and Kazakhstan are not causing material injury to the U.S. silicon metal industry.
11/03/17
STFL
11/03/17
NO CHANGE
STFL
Buy
Stifel keeps Buy rating on Ferroglobe after negative trade ruling in Canada
Stifel analyst Paul Forward noted that the Canadian International Trade Tribunal issued a negative ruling in the silicon metal import cases, which is a negative development for Ferroglobe. However, he notes that imports into Canada accounted for just under 5% of total North American consumption in 2016 and he does not expect an impact on U.S. antidumping and countervailing decisions from the Canadian ruling. He maintains a Buy rating on Ferroglobe shares.
10/06/17
OPCO
10/06/17
NO CHANGE
Target $18
OPCO
Outperform
Anti-dumping ruling highly favorable for Ferroglobe, says Oppenheimer
Oppenheimer analyst Ian Zaffino views the Department of Commerce's preliminary anti-dumping duties against Australia, Brazil and Norway for silicon metal as highly favorable for Ferroglobe. The largest importer of silicon metal, Brazi, was hit with the highest rate of 56.78%-134.92%, the analyst notes. The duties should put "meaningful upward pressure" on silicon metal prices, which currently stand at $1.24 versus $1.46 in January 2015, Zaffino tells investors in a research note. He reminds investors that 10c per pound move in silicon metal represents an incremental $70M in EBITDA for Ferroglobe. The analyst maintains an Outperform rating on the shares with an $18 price target.
08/16/18
JEFF
08/16/18
NO CHANGE
Target $10
JEFF
Buy
Ferroglobe 'absolutely not considering a sale,' says Jefferies
After speaking with Ferroglobe management, Jefferies analyst Martin Englert reported that they "are absolutely not considering a sale" and continue to see value in the company's shares. The company must wait until after its Q2 report next week before it would be able to initiate a buyback, added Englert. He also believes Ferroglobe will show supply-side discipline by curtailing production and/or idling silicon metal capacity should spot prices drift lower. As a result of a reduced 2019 EBITDA forecast due to lower price assumptions, Englert lowered his price target on Ferroglobe shares to $10 from $15 but he maintains a Buy rating on the stock.
RRGB Red Robin
$40.15

0.4 (1.01%)

08/02/18
ADAM
08/02/18
DOWNGRADE
ADAM
Hold
Red Robin downgraded to Hold from Buy at Canaccord
08/02/18
RAJA
08/02/18
DOWNGRADE
RAJA
Market Perform
Red Robin downgraded to Market Perform from Outperform at Raymond James
As previously reported, Raymond James downgraded Red Robin to Market Perform from Outperform following the pre-release of disappointing Q2 results and lowered 2018 guidance. Analyst Brian Vaccaro said Red Robin is struggling to compete with aggressive value promotions and larger advertising budgets by larger chains and believes this dynamic could last for some time.
08/02/18
ADAM
08/02/18
DOWNGRADE
Target $42
ADAM
Hold
Red Robin downgraded to Hold from Buy at Canaccord
As reported previously, Canaccord analyst Lynne Collier downgraded Red Robin Gourmet Burgers to Hold from Buy. The analyst cited the Q2 earnings shortfall and admitted her assumptions did not play out. She believes the shares will be range bound in the near-to-intermediate term given same store sales challenges and margin pressure. Collier lowered her price target to $42 from $65 on Red Robin shares.
08/02/18
WELS
08/02/18
NO CHANGE
Target $42
WELS
Market Perform
Red Robin price target lowered to $42 from $54 at Wells Fargo
Wells Fargo analyst Jon Tower lowered his price target for Red Robin to $42 from $54 saying the company continues to struggle with same-store sales growth primarily the result of self-inflicted missteps tied to company initiatives. The analyst reiterates a Market Perform rating on the shares.
NBEV New Age Beverages
$1.59

0.05 (3.26%)

HA Hawaiian Holdings
$43.70

-0.25 (-0.57%)

05/04/18
BUCK
05/04/18
DOWNGRADE
BUCK
Neutral
Hawaiian Holdings downgraded to Neutral on increased competion at Buckingham
As previously reported, Buckingham downgraded Hawaiian Holdings (HA) to Neutral from Buy and cut its price target to $35 from $55. Analyst Daniel McKenzie said the Southwest Air's (LUV) announcement yesterday to begin service to HI, including inter-island flying, is larger in scope than previously anticipated in his outlook, requiring a the reset to Hawaiian's 2019/2020 earnings and valuation.
07/25/18
DBAB
07/25/18
UPGRADE
Target $45
DBAB
Buy
Hawaiian Holdings upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Michael Linenberg upgraded Hawaiian Holdings to Buy and raised his price target for the shares to $45 from $40. The analyst views last night's quarter as strong and sees an improving CASM trend. He believes the stock's valuation supports a Buy rating.
07/25/18
07/25/18
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. Snap (SNAP) upgraded to Mixed from Negative at Vertical Group with analyst Phil Leggiere citing expectations for strong 2H 2018 spending. 2. Keurig Dr Pepper (KDP) upgraded to Positive from Neutral at Susquehanna. 3. Lockheed Martin (LMT) upgraded to Outperform from Market Perform at Cowen with analyst Cai von Rumohr citing its enhanced visibility to roughly 10% growth through 2021, above average cash flow, dividend yield, and attractive risk/reward. 4. Hawaiian Holdings (HA) upgraded to Buy from Hold at Deutsche Bank with analyst Michael Linenberg saying he views last night's quarter as strong and sees an improving CASM trend. 5. Target (TGT) upgraded to Accumulate from Hold at Gordon Haskett with analyst Chuck Grom saying geolocation data and proprietary card data support his Q2 4.5% comp. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/07/18
IMPC
05/07/18
NO CHANGE
Target $74
IMPC
Outperform
Hawaiian Holdings competitive concerns overblown, says Imperial Capital
Imperial Capital analyst Michael Derchin believes competitive concerns around Hawaiian Holdings (HA) are overblown after Southwest (LUV) indicated its intention to serve Hawaii from Oakland, San Diego, San Jose and Sacramento. Importantly, Southwest did not announce service from Los Angeles or San Francisco, Hawaiian's two biggest cities on the West Coast, Derchin tells investors in a research note. The analyst believes Hawaiian is likely to retain its leading market share inter-island, particularly among local travelers. He expects the company to grow earnings through 2020 given its "strong" brand loyalty, "superior" product and partnership with Japan Air Lines. Derchin lowered his price target for Hawaiian Holdings to $74 from $82 and keeps an Outperform rating on the shares.
JILL J.Jill
$6.85

-0.77 (-10.11%)

03/16/18
RHCO
03/16/18
NO CHANGE
Target $5
RHCO
Hold
J.Jill price target lowered to $5 from $9 at SunTrust
SunTrust analyst Pamela Quintiliano lowered her price target on J. Jill to $5 after the latest quarterly earnings, saying "problems re-emerged and became more prevalent in Q4". The analyst notes that there is limited response to product assortment, and that it may take some time for the new CEO to make an impact. Quintiliano keeps her Hold rating, also warning about potential margin dilution if the company's direct penetration offerings decline further while discounting becomes a "regular part of business".
10/16/17
SBSH
10/16/17
DOWNGRADE
Target $8
SBSH
Neutral
Chico's downgraded to Neutral from Buy at Citi
Citi analyst Paul Lejuez downgraded Chico's FAS (CHS) to Neutral and cut his price target for the shares to $8 from $10. The first half of 2017 has been a "big disappointment" with "no turnaround in sight," Lejuez tells investors in a research note. He believes the "sudden sales slowdown" at competitor J.Jill (JILL) "casts a darker cloud on the women's segment as a whole."
10/12/17
BOFA
10/12/17
NO CHANGE
Target $7
BOFA
Buy
BofA/Merrill keeps Buy rating on J.Jill amid 51% selloff
BofA/Merrill analyst Lorraine Hutchinson lowered her price target for J.Jill to $7 from $17 and keeps a Buy rating on the name following the company's guidance cut and corresponding share selloff. The stock no longer deserves a premium multiple given the reduced sales expectations, but some of the issues are fixable, Hutchinson tells investors in a research note. The retailer in afternoon trading is down 51%, or $5.05, to $4.88.
08/21/18
COWN
08/21/18
DOWNGRADE
COWN
Market Perform
J.Jill downgraded to Market Perform from Outperform at Cowen

TODAY'S FREE FLY STORIES

HIG

Hartford Financial

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AMRN

Amarin

$3.00

0.06 (2.04%)

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AMRN

Amarin

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CMCSA

Comcast

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IDRA

Idera Pharmaceuticals

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RELX

RELX

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GPL

Great Panther Silver

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ARGX

Argenx

$78.00

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RHHBY

Roche

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SPGI

S&P Global

$211.53

-1.575 (-0.74%)

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DISCA

Discovery

$31.79

-0.48 (-1.49%)

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FOXA

21st Century Fox

$44.33

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, SKYAY

Sky

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DIS

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SKYAY

Sky

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ABX

Barrick Gold

$10.48

-0.135 (-1.27%)

, GOLD

Randgold

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EVER

EverQuote

$15.25

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DY

Dycom

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HON

Honeywell

$167.34

0.79 (0.47%)

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CBB

Cincinnati Bell

$14.90

-0.1 (-0.67%)

04:55
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Conference/Events
Cincinnati Bell management to meet with UBS »

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  • 24

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MU

Micron

$44.70

-1.36 (-2.95%)

04:55
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Conference/Events
Micron management to meet with Evercore ISI »

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NCLH

Norwegian Cruise Line

$57.89

0.43 (0.75%)

04:55
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LOCO

El Pollo Loco

$12.65

-0.25 (-1.94%)

04:55
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El Pollo Loco management to meet with William Blair »

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  • 24

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04:55
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Conference/Events
Morgan Stanley household products analyst holds analyst/industry conference call »

Household Products,…

ZAYO

Zayo Group

$35.12

0.03 (0.09%)

04:55
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Zayo Group management to meet with JPMorgan »

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