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MS

Morgan Stanley

$47.72

0.24 (0.51%)

, BA

Boeing

$355.39

1.865 (0.53%)

04:55
09/14/18
09/14
04:55
09/14/18
04:55

Morgan Stanley to hold a conference

6th Annual Laguna Conference will be held in Dana Point, CA on September 12-14 with webcasted company presentations to begin on September 12 at 10:45 am; not all company presentations may be webcasted. Webcast Link

MS

Morgan Stanley

$47.72

0.24 (0.51%)

BA

Boeing

$355.39

1.865 (0.53%)

TSLA

Tesla

$289.35

-1.19 (-0.41%)

ECHO

Echo Global

$34.85

-0.95 (-2.65%)

KSU

Kansas City Southern

$116.64

-1.79 (-1.51%)

VNE

Veoneer

$53.26

-1.6 (-2.92%)

LUV

Southwest

$62.37

0.99 (1.61%)

AXL

American Axle

$18.30

0.305 (1.70%)

R

Ryder

$78.56

-0.17 (-0.22%)

F

Ford

$9.37

0.02 (0.21%)

APTV

Aptiv

$86.06

1.21 (1.43%)

ABG

Asbury Automotive

$71.80

0.1 (0.14%)

AA

Alcoa

$41.77

-0.25 (-0.59%)

CAT

Caterpillar

$145.50

1.21 (0.84%)

JEC

Jacobs Engineering

$75.24

0.19 (0.25%)

UTX

United Technologies

$135.52

1.67 (1.25%)

GT

Goodyear Tire

$23.35

0.38 (1.65%)

WWD

Woodward

$81.24

0.49 (0.61%)

SNDR

Schneider National

$26.91

-0.37 (-1.36%)

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MS Morgan Stanley
$47.72

0.24 (0.51%)

07/09/18
GSCO
07/09/18
NO CHANGE
GSCO
Bank of America, Morgan Stanley top ideas into Q2 earnings season, says Goldman Sachs
Goldman Sachs analyst Richard Ramsden expects Bank of America (BAC) and Morgan Stanley (MS) to beat consensus estimates in Q2. The analyst argues that both appear best positioned, while he sees risk for U.S. Bancorp (USB) and JPMorgan (JPM). Ramsden highlights Bank of America given the material valuation dislocation that looks to support the stock over time. Additionally, the analyst expects an expense and NII beat for Morgan Stanley.
07/19/18
07/19/18
UPGRADE

Market Perform
Morgan Stanley upgraded to Market Perform on more balanced risk/reward at Bernstein
As previously reported, Bernstein analyst Christian Bolu upgraded Morgan Stanley to Market Perform from Underperform saying that while he still sees some risks, his concerns are now better reflected in the stock given price underperformance over recent months. Wealth management still a risk, but now a better understood risk, he contends.
07/19/18
ARGS
07/19/18
NO CHANGE
Target $62
ARGS
Buy
Morgan Stanley saw strong Q2, recent price weakness 'unwarranted', says Argus
Argus analyst Stephen Biggar kept his Buy rating and $62 price target on Morgan Stanley after its Q2 earnings beat, saying the results were bolstered by strength across investment banking, trading, and asset management. The analyst also notes the pretax margin in the Morgan Stanley the wealth management segment was 27%, which is on the high end of the recently raised guidance, while its ROE of 14.9% was above the 10%-13% forecast range for 2018-19. Biggar further contends that the share price weakness in Morgan Stanley since mid-May is unwarranted by its fundamentals and believes investors are offered an "attractive entry point" for the stock.
07/18/18
BERN
07/18/18
UPGRADE
BERN
Market Perform
Morgan Stanley upgraded to Market Perform from Underperform at Bernstein
BA Boeing
$355.39

1.865 (0.53%)

09/06/18
JEFF
09/06/18
NO CHANGE
Target $410
JEFF
Buy
Boeing price target raised to $410 from $400 at Jefferies
Jefferies analyst Sheila Kahyaoglu raised her price target for Boeing to $410 after the company hosted analysts and investors at its Everett and Renton facilities. Boeing has been able to drive productivity through improved processes and sharing best practices across programs and business units, Kahyaoglu tells investors in a research note. She believes near-term challenges around 737 and KC-46 "seem manageable" and keeps a Buy rating on the shares.
09/06/18
BARD
09/06/18
NO CHANGE
Target $450
BARD
Outperform
Boeing supply chain stress concerns overblown, says Baird
Baird analyst Peter Arment said Boeing remains his top pick as he believes the anxiety around supply chain stress is overblown. The analyst believes the company is on target to meet its 2018 guidance and 2019 is setting up as a very favorable year in terms of earnings and cash flow improvements. Arment reiterated his Outperform rating and $450 price target on Boeing shares.
08/16/18
08/16/18
UPGRADE
Target $23.5

Overweight
Embraer upgraded to Overweight after selloff since Boeing deal at Morgan Stanley
As previously reported, Morgan Stanley analyst Josh Milberg upgraded Embraer (ERJ) to Overweight from Equal Weight, stating that the 29% selloff in the stock since its strategic partnership with Boeing (BA) was announced in early July has made the risk-reward attractive. The upgrade is partly based on the selloff, but Milberg also said he thinks the market is now attributing too little value to Embraer's Executive/Defense Divisions and also potentially pricing in excess risk that the deal could be blocked, he added. Milberg raised his price target on Embraer shares to $23.50 from $20.90.
08/20/18
LEHM
08/20/18
NO CHANGE
LEHM
Airbus catching up as MAX deliveries slow, says Barclays
Barclays analyst David Strauss, tracking deliveries and flight activity on the new narrowbodies including the A320neo (EADSY) and 737 MAX (BA), estimates that Airbus is catching up as MAX deliveries slow, telling investors in a research note that Airbus delivered five A320neos last week and has delivered 316 A320s YTD, or 52% of full year guidance, while Boeing has delivered 311 737s, or 53% of full year guidance.
TSLA Tesla
$289.35

-1.19 (-0.41%)

09/11/18
09/11/18
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. CBS (CBS) downgraded to Neutral from Buy at UBS with analyst John Hodulik saying uncertainty around the management transition limits upside in the shares and could last for an extended period. 2. Tesla (TSLA) downgraded to Neutral from Buy at Nomura Instinet with analyst Romit Shah expressing concern that the "erratic behavior" of CEO Elon Musk will taint the Tesla brand. 3. Johnson Controls (JCI) downgraded to Neutral from Buy at UBS with analyst Steven Winoker saying while the company's Buildings business is improving in 2018, the pace and magnitude of the progress is proving slower and lower than expectations. 4. Wingstop (WING) downgraded to Neutral from Buy at Goldman Sachs with analyst Karen Holthouse saying she continues to view the company's comps and unit growth fundamentals favorably but she recommends taking profits at current share levels. 5. AAR Corp. (AIR) downgraded to Hold from Buy at SunTrust with analyst Michael Ciarmoli saying he is maintaining a bullish view on the aero aftermarket with an opportunity for AAR Corp to exploit its position while also reaping benefits from its INL Global Aviation Support Services contract, but he also believes that the company's near-term growth will come under pressure from its maintenance, repair, and overhaul, or MRO, segment. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/13/18
VERF
09/13/18
NO CHANGE
Target $88
VERF
Sell
Tesla Model 3 demand issues could create 'scary' Q4, says Vertical Group
Vertical Group analyst Gordon Johnson said his analysis suggests Tesla will exhaust its backlog of more expensive all-wheel-drive and performance Model 3s by October and will need to then either ramp down production, start shipping a lot of cars to Europe and the rest of the world or start selling the "long-awaited" $35,000 model. In any of those cases, he sees a likely "scary" outcome for Tesla in Q4, arguing that "everyone is focused on supply, but we feel demand is going to potentially push [the company] into crisis." Johnson reiterates a Sell rating on shares of Tesla with an $88 price target.
09/11/18
09/11/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. TESLA, CBS DOWNGRADED ON MANAGEMENT CONCERNS: Nomura Instinet analyst Romit Shah downgraded Tesla (TSLA) to Neutral from Buy and cut his price target for the shares to $300 from $400. Shah expressed concern that the "erratic behavior" of CEO Elon Musk will taint the Tesla brand. Shah, who admits to being one of the most bullish analysts on Wall Street since initiating the stock in October of 2017, still believes Tesla could grow to be a much larger company. The analyst, however, prefers to move to the sidelines pending potential changes in management. UBS analyst John Hodulik downgraded CBS Corporation (CBS) to Neutral from Buy and lowered his price target for the shares to $60 from $72. Uncertainty around the management transition limits upside in the shares and could last for an extended period, Hodulik said. The analyst said that while interim CEO Joseph Ianniello has a strong track record as COO, he does not expect him to be appointed as the permanent replacement since controlling shareholder National Amusements noted in court filings that it does not see him as a potential successor to Les Moonves. In late morning trading, Tesla is down 3.6%, while CBS is down almost 1%. CANACCORD UPGRADES NIKE TO BUY: Canaccord analyst Camilo Lyon upgraded Nike (NKE) to Buy from Hold. The analyst believes Nike has regained its footing and is marching back to form following two years of a soft product cycle, margin compression, and market share declines. He cited newly introduced platforms coupled with forthcoming innovations as catalysts to sustain earnings growth. Lyon raised his price target to $95 from $78 on Nike shares. ROSENBLATT BOOSTS AMD PRICE TARGET: Rosenblatt analyst Hans Mosesmann raised Buy rated AMD's price target to $40 from $30 citing a faster ramp in 7nm GPU compute. Mosesmann said AMD's move over the past several quarters reminds him of the setup Nvidia (NVDA) experienced almost three years ago when it transformed from a PC graphics play to a "compute powerhouse." GOLDMAN UPGRADES DARDEN, CUTS WINGSTOP: Goldman Sachs analyst Karen Holthouse did a ratings restack in Americas Restaurants, which included upgrading Darden Restaurants (DRI) to Buy from Neutral, upgrading Bloomin' Brands (BLMN) to Neutral from Sell, and downgrading Wingstop (WING) to Sell from Neutral.
09/11/18
NOMU
09/11/18
DOWNGRADE
Target $300
NOMU
Neutral
Tesla downgraded to Neutral from Buy at Nomura Instinet
Nomura Instinet analyst Romit Shah downgraded Tesla to Neutral from Buy and cut his price target for the shares to $300 from $400. The electric carmaker closed yesterday up $22.26, or 8.5%, to $285.50. In a research note titled "No Longer Investable," Shah expresses concern that the "erratic behavior" of CEO Elon Musk will taint the Tesla brand. Consumers are fickle and could become scared about buying a Tesla if they believe the company might not be around long term, Shah tells investors in a research note. Shah, who admits to being one of the most bullish analysts on Wall Street since initiating the stock in October of 2017, still believes Tesla could grow to be a much larger company. The analyst, however, prefers to move to the sidelines pending potential changes in management.
ECHO Echo Global
$34.85

-0.95 (-2.65%)

06/19/18
STFL
06/19/18
INITIATION
Target $34
STFL
Buy
Echo Global resumed with a Buy at Stifel
Stifel analyst J. Bruce Chan resumed coverage of Echo Global with a Buy rating and $34 price target.
04/26/18
BRRR
04/26/18
NO CHANGE
BRRR
Echo Global price target raised to $37 from $35 at Barrington
Barrington analyst Kevin Steinke reiterated his Outperform rating on Echo Global and raised his price target to $37 from $35 following the company's Q1 results, that were well ahead of the firm's estimates, as well as management's commentary that "the current solid demand environment appears to be sustainable due to continued robust freight demand and supply constraints on truckload capacity."
02/23/18
02/23/18
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. UPS (UPS) downgraded to Hold from Buy at Deutsche Bank with analyst Amit Mehrotra saying UPS's capex guidance was worse than even the most bearish expectations. 2. Echo Global (ECHO) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Ravi Shanker saying he believes brokers like Echo deserve a "mid-teens multiple at best" as he thinks the mandate for electronic logging devices, or ELDs, will present a challenge to all brokers. 3. Ardagh Group (ARD) downgraded to Market Perform from Outperform at Wells Fargo with analyst Christopher Manuel saying he analyst now sees "limited capital redeployment options" for Ardagh over the next 24-36 months. 4. Acacia Communications (ACIA) downgraded to Neutral from Buy at MKM Partners and to Hold from Buy at DA Davidson and Needham. 5. Aegean Marine (ANW) downgraded to Hold from Buy at Stifel with analyst Benjamin Nolan saying the company's deal to buy the parent company of Hellenic Environmental Centers "takes the cake" in terms of questionable deals, adding "it is hard to even fathom how any transaction could possibly be worse." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/23/18
02/23/18
DOWNGRADE
Target $20

Underweight
Echo Global downgraded to Underweight at Morgan Stanley
As previously reported, Morgan Stanley analyst Ravi Shanker downgraded Echo Global to Underweight from Equal Weight, as he believes brokers like Echo deserve a "mid-teens multiple at best" as he thinks the mandate for electronic logging devices, or ELDs, will present a challenge to all brokers. Though Echo's high spot exposure may leave it somewhat better positioned than contract exposed peers, Shanker sees this as more than priced into the stock, he tells investors, adding that the market appears to be significantly underestimating the risk of shippers reducing their reliance on brokers altogether in 2018. Due largely to a 20% EPS increase from tax reform, Shanker increased his price target on Echo shares to $20 from $15.
KSU Kansas City Southern
$116.64

-1.79 (-1.51%)

08/29/18
COWN
08/29/18
UPGRADE
Target $138
COWN
Outperform
Kansas City Southern upgraded to Outperform on Mexican trade agreement at Cowen
As reported previously, Cowen analyst Jason Seidl upgraded Kansas City Southern to Outperform from Market Perform. The analyst cited the U.S.-Mexico trade agreement, noting that he views Kansas City as having the most exposure to Mexico. He said the shares appear poised to return to their pre-Trump multiple and he sees the company as well positioned to benefit from Mexican energy reform and chemical growth. Seidl raised his price target to $138 from $124 on Kansas City Southern shares.
08/29/18
COWN
08/29/18
UPGRADE
COWN
Outperform
Kansas City Southern upgraded to Outperform from Market Perform at Cowen
08/29/18
08/29/18
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. Kansas City Southern (KSU) upgraded to Outperform from Market Perform at Cowen with analyst Jason Seidl citing the U.S.-Mexico trade agreement, noting that he views Kansas City as having the most exposure to Mexico. 2. Ferrari (RACE) upgraded to Buy from Hold at HSBC with analyst Giulio Pescatore saying the recent selloff on the CEO's comments regarding Sergio Marchionne's 2022 targets has provided an attractive entry point. 3. Bank of Montreal (BMO) upgraded to Buy from Hold at Canaccord. 4. Marten Transport (MRTN) upgraded to Hold from Sell at Stifel with analyst David Ross citing valuation. 5. Royal Caribbean (RCL) upgraded to Buy from Hold at Deutsche Bank with analyst Chris Woronka citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/04/18
DBAB
09/04/18
INITIATION
Target $119
DBAB
Hold
Kansas City Southern initiated with a Hold at Deutsche Bank
Deutsche Bank analyst Amit Mehrotra started Kansas City Southern with a Hold rating and $119 price target. The analyst expects a miss in Q3 and sees risk to the shares from higher capital spending in 2019.
VNE Veoneer
$53.26

-1.6 (-2.92%)

08/03/18
LBOW
08/03/18
DOWNGRADE
LBOW
Neutral
Veoneer downgraded to Neutral from Buy at Longbow
07/30/18
MZHO
07/30/18
NO CHANGE
Target $115
MZHO
Buy
Autoliv well positioned for continued share gains, says Mizuho
Mizuho analyst Vijay Rakesh believes that post the Veoneer (VNE) spinoff, Autoliv (ALV) is well positioned to gain market share in Passive Safety from Takata's issues and will benefit from better operating leverage. He lowered his price target for the shares to $115 from $160 and reiterates a Buy rating on the name.
07/18/18
SBSH
07/18/18
INITIATION
Target $51
SBSH
Neutral
Veoneer initiated with a Neutral at Citi
Citi analyst Itay Michaeli started Veoneer with a Neutral rating and $51 price target. The analyst also opened up a 90 day "upside catalyst watch" for the shares. The analyst believes Veoneer "still hasn't proven itself as a technology leader in higher-end level-2+ features." The analyst, however, is "fundamentally constructive" on the company's near-term news flow potential with regards to new advanced driver assistance system awards.
07/18/18
07/18/18
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. Veoneer (VNE) initiated with a Buy at Mizuho and a Neutral at Citi. 2. Huntsman (HUN) initiated with an Outperform at RBC Capital. 3. Autoliv (ALV) reinstated with a Sell at Societe Generale. 4. Chemours (CC) initiated with an Outperform at RBC Capital. 5. VF Corp. (VFC) initiated with an Outperform at RBC Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
LUV Southwest
$62.37

0.99 (1.61%)

09/07/18
ARGS
09/07/18
UPGRADE
Target $73
ARGS
Buy
Southwest upgraded to Buy from Hold at Argus
Argus analyst John Staszak upgraded Southwest Airlines to Buy from Hold with a $73 price target, citing the recent improvements in domestic airline fares along with the positive outlook for stronger revenue per seat mile, or RASM, in the coming quarters. The analyst also notes Southwest's operational upgrades, with expected revenue contribution from the "sale of boarding slots, improvements in the frequent-flier program, a new reservation system, and a new credit card agreement with Chase." Staszak raises his FY19 EPS view to $5.15 from $5.10 and also expects the airline's Q3 RASM to come in at the top of the management's prior guidance of -1% to +1%.
09/07/18
09/07/18
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. Cabot Oil & Gas (COG) upgraded to Outperform from In Line at Evercore ISI with analyst Stephen Richardson saying tailwinds including improvement of in-basin demand/supply fundamentals as well as shifts in timing of incremental takeaway capacity positions Cabot as a re-emerging high growth E&P. 2. AK Steel (AKS) upgraded to Buy from Underperform at BofA/Merrill with analyst Timna Tanners saying he is now modeling 2019 spot benchmark hot rolled coil at 750/short ton versus $700 previously and expects 85% of AK Steel's sheet business that is on fixed-price contracts will have a substantial increase in 2019. 3. Five Below (FIVE) upgraded to Buy at Gordon Haskett. 4. Southwest (LUV) upgraded to Buy from Hold at Argus with analyst John Staszak citing the recent improvements in domestic airline fares along with the positive outlook for stronger revenue per seat mile, or RASM, in the coming quarters. 5. Acuity Brands (AYI) upgraded to Outperform from Neutral at Baird with with analyst Timothy Wojs saying his lighting survey shows accelerating industry volumes and a stabilizing pricing environment. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/07/18
ARGS
09/07/18
UPGRADE
ARGS
Buy
Southwest upgraded to Buy from Hold at Argus
09/07/18
BUCK
09/07/18
NO CHANGE
Target $71
BUCK
Buy
Supply/demand in airline sector 'steady,' fundamentals 'sound,' says Buckingham
Following a recent look at booking and capacity in the airline sector, Buckingham analyst Daniel McKenzie maintained his ratings on U.S. airline stocks, while lifting valuation outlooks for Delta (DAL), Hawaiian (HA), Southwest (LUV) and United (UAL). In a research note to investors, McKenzie says that the supply/demand dynamic remains steady and fundamentals remain sound, though likely trade on macro from here until the airlines update again. The analyst also says that strong underlying demand, moderating capacity into 2019 and continued execution on revenue initiatives should help drive better sentiment and multiple expansion in the stocks through the end of the year. The analyst raised his price target for Delta to $71 from $64, for United to $108 from $106, for Hawaiian to $39 from $35 and for Southwest to $73 from $69.
AXL American Axle
$18.30

0.305 (1.70%)

03/27/18
SBSH
03/27/18
UPGRADE
Target $20
SBSH
Buy
Citi upgrades American Axle to Buy on improved risk/reward profile
Citi analyst Itay Michaeli upgraded American Axle to Buy from Neutral with an unchanged price target of $20. The analyst sees an improved risk/reward profile following the recent pullback in the shares. Strengthening EBITDA margins throughout the year and additional new business opportunities in key areas like electric vehicles provide potential catalysts over the next 12 months, Michaeli tells investors in a research note. The analyst is not making a call on the quarter, but rather a call that "sentiment could stand to improve significantly" post the Q1 report.
06/08/18
MSCO
06/08/18
NO CHANGE
MSCO
Overweight
Morgan Stanley says American Axle analyst day may dispel part of bear thesis
Morgan Stanley analyst Armintas Sinkevicius said the bear thesis on American Axle is centered around "the cycle, leverage, customer concentration, and electrification, in that order." While he does not debate that the cycle will be an overhang for the foreseeable future, Sinkevicius believes the company's upcoming analyst day may help it to dispel some other parts of the bear thesis, particularly the risk around electrification, which he views as overdone. The analyst, who is not expecting any guidance targets at the event, keeps an Overweight rating on American Axle and continues to view it as his top pick in the U.S. Autos and Shared Mobility sector.
03/27/18
SBSH
03/27/18
UPGRADE
SBSH
Buy
American Axle upgraded to Buy from Neutral at Citi
04/09/18
04/09/18
NO CHANGE
Target $21

Overweight
Morgan Stanley, bullish on trucks, names American Axle top pick in U.S. Autos
After Morgan Stanley published a report on the potential beneficiaries from infrastructure spending, analyst Armintas Sinkevicius called American Axle (AXL) the supplier with the greatest direct exposure to pick-up trucks and believes it should receive an outsized benefit from any infrastructure spending increase. He named American Axle his top pick in the U.S. Autos & Shared Mobility sector, stating that after the first quarter he expects volumes to improve at General Motors (GM), launch costs to fade and for synergies to provide margin expansion and free cash flow generation. As previously reported, Morgan Stanley analyst Adam Jonas upgraded General Motors to Overweight from Equal Weight this morning, also citing the potential benefits of increased U.S. infrastructure spending.
R Ryder
$78.56

-0.17 (-0.22%)

07/26/18
MZHO
07/26/18
NO CHANGE
Target $90
MZHO
Buy
Ryder price target raised to $90 from $85 at Mizuho
Mizuho analyst Kristine Kubacki sees more upside in shares of Ryder following the company's Q2 results. The analyst upped her price target to $90 and keeps a Buy rating on the shares.
09/04/18
DBAB
09/04/18
INITIATION
Target $88
DBAB
Buy
Ryder initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Amit Mehrotra started Ryder with a Buy rating and $88 price target. The analyst sees growth and options for the company on the used market.
06/29/18
MZHO
06/29/18
INITIATION
Target $85
MZHO
Buy
Ryder initiated with a Buy at Mizuho
Mizuho started Ryder with a Buy rating and $85 price target.
06/28/18
MZHO
06/28/18
INITIATION
MZHO
Buy
Ryder initiated with a Buy at Mizuho
F Ford
$9.37

0.02 (0.21%)

08/20/18
MSCO
08/20/18
NO CHANGE
Target $15
MSCO
Overweight
Ford risks high, but so is potential reward, says Morgan Stanley
Morgan Stanley analyst Adam Jonas believes Ford announcing plans to spend $11B on restructuring and then canceling its investor day may have may have the unintended consequence of raising expectations for a "big bang" of action. While acknowledging the wide range of potential outcomes, Jonas has an estimate for how Ford could recognize its planned $11B in restructuring charges over a 3-5 year period to achieve annual cost reductions of about $4B, giving it a payback period of just under 3 years that would "usually [be] a very good use of capital" by automotive standards, he tells investors. Jonas maintains an Overweight rating on Ford with a $15 price target, contending that the "risks are high, but so is the potential reward."
09/10/18
SBSH
09/10/18
NO CHANGE
Target $9.9
SBSH
Neutral
Ford price target lowered to $9.90 from $10.50 at Citi
Citi analyst Itay Michaeli lowered his price target for Ford (F) to $9.90 to reflect restructuring-related calls on cash. The analyst keeps a Neutral rating on the shares and continues to maintain his preference for General Motors (GM). Ford faces both fundamental and perception problems, whereas GM just faces the latter, Michaeli tells investors in a research note. While the company must deal with some legitimate China and trade headwinds, the degree of erosion that's implied by the pullback in the shares is overdone, the analyst contends.
07/24/18
PIPR
07/24/18
NO CHANGE
Target $57
PIPR
Overweight
General Motors outperforming Ford in China, says Piper Jaffray
While both would suffer in a trade war, it is clear that General Motors (GM) is outperforming Ford (F) in China, Piper Jaffray analyst Alexander Potter tells investors in a research note. The analyst views GM's China business as stable, with a growing presence in luxury. He thinks Cadillac represented 16.7% of GM's Q2 revenue in China, versus 13.6% in 2017, which should boost margins. Until its "new product blitz gains momentum, Ford's China business will likely continue bleeding," Potter contends. He notes the company's Ford's retail sales in China declined by 38% year-over-year in June. The analyst keeps an Overweight rating on GM and a Neutral rating on Ford.
08/14/18
NOMU
08/14/18
NO CHANGE
Target $9
NOMU
Neutral
Ford price target lowered to $9 from $10 at Nomura Instinet
Nomura Instinet analyst Anindya Das lowered his price target for Ford to $9 after reducing fiscal 2018 earnings per share estimate by 17% to $1.20. The analyst lowered his outlook for Ford's Asia Pacific operations based on first half of 2018 sales trends and also sees Europe becoming more difficult. Das keeps a Neutral rating on Ford shares.
APTV Aptiv
$86.06

1.21 (1.43%)

04/04/18
BREN
04/04/18
UPGRADE
BREN
Buy
Aptiv upgraded to Buy from Hold at Berenberg
Berenberg analyst Fei Teng upgraded Aptiv to Buy.
06/22/18
RBCM
06/22/18
NO CHANGE
Target $115
RBCM
Outperform
Aptiv price target raised to $115 from $110 at RBC Capital
RBC Capital analyst Joseph Spak raised his price target on Aptiv to $115 and kept his Outperform rating, saying his latest meetings with the company's VP and Director of Investor Relations were "highly" encouraging regarding its business trajectory. Spak says the discussion revolved around the company's diversification strategy to reach up to 25% of revenues to be non-automotive by 2025, noting the adjacent CV market as well as opportunities in aero, military, oil & gas, and diversified industrials. The analyst also raised his FY18 EPS target to $5.43 from $5.38.
05/03/18
DBAB
05/03/18
UPGRADE
Target $110
DBAB
Buy
Aptiv upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Rod Lache upgraded Aptiv to Buy and raised his price target for the shares to $110 from $108. The analyst revisited his growth assumptions following yesterday's Q1 results. He believes Aptiv posted strong organic growth in Q1.
06/05/18
WELS
06/05/18
NO CHANGE
Target $118
WELS
Outperform
Aptiv price target raised to $118 from $105 at Wells Fargo
Wells Fargo analyst David Lim raised his price target for Aptiv to $118 from $105 as he believes it is one of the best plays in the auto supplier realm. The analyst thinks it will not be easy for new competition to match Aptiv's technology. Further, the strong book of business points to potential EPS and revenue upside relative to the 2022 outlook, he contends. Lim reiterates an Outperform rating on the shares.
ABG Asbury Automotive
$71.80

0.1 (0.14%)

08/24/18
RHCO
08/24/18
INITIATION
Target $78
RHCO
Hold
Asbury Automotive initiated with a Hold at SunTrust
SunTrust analyst Stephanie Benjamin initiated Asbury Automotive with a Hold rating and a price target of $78, saying the company should grow in line with the overall auto dealer industry based on its current sales mix of new and used cars. The analyst adds that while Asbury Auto's is making investments in building an "omni-channel" auto dealer platform, these steps are in their early stages, while the auto industry may be in its late cycle state. Benjamin further notes that the stock is trading in the middle of its historical range and looks "fairly valued".
07/10/18
MSCO
07/10/18
UPGRADE
MSCO
Equal Weight
Asbury Automotive upgraded to Equal Weight from Underweight at Morgan Stanley
07/10/18
MSCO
07/10/18
UPGRADE
MSCO
Equal Weight
Asbury Automotive upgraded to Equal Weight at Morgan Stanley
As previously reported, Morgan Stanley analyst Armintas Sinkevicius upgraded Asbury Automotive to Equal Weight from Underweight as he took over coverage of the auto dealer stocks at the firm. Asbury has superior revenue growth, ROIC, and EPS growth compared to peers, though it is going to be hard to argue for a higher multiple with the market over 9 years into the auto cycle and at a peak, he tells investors.
03/14/18
MSCO
03/14/18
NO CHANGE
MSCO
Morgan Stanley raises U.S. auto sales forecasts through 2021
Morgan Stanley analyst Adam Jonas raised his U.S. seasonally adjusted annual rate, or SAAR, forecast for automakers by an average of 850,000 units from 2018 through 2021, which represents slightly more than a 5% increase from his prior forecast. However, his average U.S. SAAR forecast is still well below last year's 17.3M units and 8% under the cyclical high of 17.6M units in 2016. Jonas points to U.S. tax reform and "relatively stable" recent trends in auto sales and credit as reasons for the hike, noting that while infrastructure action from the federal government could be a material positive, it is not explicitly in his new forecast. Adding that the higher view has a net positive impact on estimates and price targets for exposed auto Original Equipment Manufacturers, or OEMs, and suppliers, Jonas raised his price targets on General Motors (GM), Asbury Automotive (ABG), AutoNation (AN), Group 1 Automotive (GPI), Lithia Motors (LAD), Penske Automotive (PAH), Sonic Automotive (SAH) and Ford (F). He also double upgraded Ford, to Overweight from Underweight, this morning.
AA Alcoa
$41.77

-0.25 (-0.59%)

07/23/18
MSCO
07/23/18
NO CHANGE
Target $57
MSCO
Overweight
Alcoa post-earnings selloff presents attractive entry point, says Morgan Stanley
Morgan Stanley analyst Piyush Sood remains constructive on Alcoa as he believes aluminum and alumina prices be supported by China's winter cuts, operations should improve on lower maintenance headwinds and smelter restarts and he thinks the company will initiate a dividend within about 3 months. He sees last week's roughly 20% selloff as investors reacted to the Q2 EBITDA miss and larger than expected FY18 guidance cut as an opportunity to buy shares at an attractive entry point, Sood tells investors. He lowered his price target to $57 from $60 to factor in updated guidance but maintains an Overweight rating on Alcoa shares.
07/24/18
DBAB
07/24/18
NO CHANGE
Target $55
DBAB
Buy
Alcoa screens as inexpensive after selloff, says Deutsche Bank
Deutsche Bank analyst Chris Terry says that following the 16% decline in the past two days after earnings, shares of Alcoa screen as inexpensive. The analyst lowered his price target to $55 from $70 to reflect the weaker than expected Q2 results. He maintains a Buy rating on Alcoa, however, with 36% upside potential.
09/12/18
RILY
09/12/18
UPGRADE
Target $50
RILY
Buy
Alcoa upgraded to Buy from Neutral at B. Riley FBR
B. Riley FBR analyst Lucas Pipes upgraded Alcoa to Buy and raised his price target for the shares to $50 from $48.
09/12/18
RILY
09/12/18
UPGRADE
Target $50
RILY
Buy
B. Riley FBR upgrades Alcoa to Buy on elevated alumina prices
B. Riley FBR analyst Lucas Pipes earlier today upgraded Alcoa (AA) to Buy from Neutral and raised his price target for the shares to $50 from $48. The analyst says Alumina prices have exceeded his expectations and that the "current elevated price benefits Alcoa disproportionately." Further, with a Rusal sanction resolution unlikely and Alunorte not expected at full capacity until mid-2019, the trends for alumina are bullish, Pipes tells investors in a research note. He keeps a Buy rating on Century Aluminum (CENX) while lowering his price target for the shares to $23 from $25. Alcoa in early trading is up 10c to $40.97.
CAT Caterpillar
$145.50

1.21 (0.84%)

09/05/18
09/05/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. DEUTSCHE RESUMES CATERPILLAR WITH A BUY: Deutsche Bank analyst Chad Dillard resumed coverage of Caterpillar (CAT) with a Buy rating and $177 price target. Since late cycle concerns took hold in April, the Machinery sector has underperformed the S&P 500 by 15% and is approaching valuation lows last seen during the 2015 energy and 2008 global financial crises, Dillard noted. MORGAN STANLEY UPGRADES ANTHEM TO OVERWEIGHT: Morgan Stanley analyst Zack Sopcak upgraded Anthem (ANTM) to Overweight from Equal Weight, contending that the disruption in the pharmacy benefits management landscape via M&A and government-led drug pricing reform positions Anthem for underappreciated share gain and accelerated profit growth. He raised his price target for Anthem shares to $368 from $273. BARCLAYS CUTS MYRIAD TO UNDERWEIGHT: Barclays analyst Jack Meehan downgraded Myriad Genetics (MYGN) to Underweight from Equal Weight and cut his price target for the shares to $30 from $38. With the stock near an 18-year high, several company risks create an unfavorable risk/reward profile, Meehan said. He sees "several risks" around the GeneSight Randomized Control Trial, which he thinks present risks for payor coverage. Further, the analyst is cautious around the sustainability of hereditary cancer testing pricing longer term. CITI STARTS UNIVERSAL DISPLAY WITH A BUY: Citi analyst Atif Malik started Universal Display (OLED) with a Buy rating and $153 price target. The analyst said that despite a 52% recovery in the stock price in the last two months after a sharp correction in 2018 on weak iPhone X demand, he sees "steady improvement" in OLED fundamentals and stock price through 2019. He believes Samsung Galaxy Note and two of the three upcoming iPhone models using OLED is a "strong indicator that adoption is headed in the right direction." UBS CUTS GE PRICE TARGET TO $13: UBS analyst Steven Winoker lowered his price target for shares of General Electric (GE) to $13 from $16 and kept a Neutral rating on the name. There should be no argument that GE Power is struggling, Winoker said. The analyst points out that GE Power sales fell 26% in Q2 as GE's overall revenue dropped 18%. While cost cuts in the segment remain a focus, end markets are "far from cooperative with regard to pricing, demand and competition," Winoker added. The analyst sees an "even harder road ahead for GE Power."
09/06/18
OPCO
09/06/18
INITIATION
OPCO
Perform
Caterpillar initiated with a Perform at Oppenheimer
Oppenheimer analyst Noah Kaye initiated Caterpillar with a Perform saying valuation fairly reflects higher earnings power. Kaye would become more constructive on a pullback, improving macro clarity, and/or indicators of meaningful upside to FY19-20 consensus revenue growth outlook.
09/05/18
DBAB
09/05/18
INITIATION
Target $177
DBAB
Buy
Caterpillar resumed with a Buy at Deutsche Bank
Deutsche Bank analyst Chad Dillard resumed coverage of Caterpillar with a Buy rating and $177 price target. Since late cycle concerns took hold in April, the Machinery sector has underperformed the S&P 500 by 15% and is approaching valuation lows last seen during the 2015 energy and 2008 global financial crises, Dillard tells investors in a research note. He resumed coverage of eight stocks in the Machinery sector, with two Buy ratings, one Sell rating and five Holds.
09/05/18
UBSW
09/05/18
NO CHANGE
Target $185
UBSW
Buy
Caterpillar mining segment should help drive earnings, says UBS
UBS analyst Steven Fisher noted that Caterpillar shares are still trading below their Q1 results level as investors remain concerned that 2018 earnings could be a peak. He said his mining survey gives him confidence that mining will be one of the strongest industrial end markets in 2019 and will drive upside to earnings for Caterpillar in 2019. Fisher reiterated his Buy rating and $185 price target on Caterpillar shares.
JEC Jacobs Engineering
$75.24

0.19 (0.25%)

08/06/18
08/06/18
UPGRADE
Target $85

Buy
Jacobs Engineering upgraded to Buy on improving visibility at DA Davidson
As previously reported, DA Davidson analyst Brent Thielman upgraded Jacobs Engineering to Buy from Neutral, citing improving visibility and integration on plan. With Q3 results, the analyst is increasingly confident the company can see sustained earnings momentum into F19 and F20. Thielman also raised his price target on the shares to $85 from $70 as he expects more robust growth and improved margins.
08/07/18
BARD
08/07/18
NO CHANGE
Target $82
BARD
Outperform
Jacobs Engineering price target raised to $82 from $73 at Baird
Baird analyst Andrew Wittmann raised his price target on Jacobs Engineering to $82 from $73 following its Q2 results. The analyst said his conviction is moderating against the recent outperformance of the shares as the earnings may have overstated the underlying gains in the business. Wittmann reiterated his Outperform rating on Jacobs Engineering shares.
09/06/18
MKMP
09/06/18
NO CHANGE
Target $84
MKMP
Buy
Jacobs Engineering price target raised to $84 from $79 at MKM Partners
MKM Partners analyst Daniel Scott raised his price target on Jacobs Engineering to $84 and kept his Buy rating, saying the stock price has rallied 29% since his upgrade in March. The analyst also cites the company's increased outlook for CH2M acquisition synergy guidance along with sequentially rising backlog. Scott further notes that valuation on Jacobs Engineering is attractive at 13.7-times his expected forward earnings vs. 14.0-times peer group average. The analyst believes some upside to guidance for the first half of 2019 is possible on the "announced wins this quarter".
08/07/18
KEYB
08/07/18
NO CHANGE
Target $80
KEYB
Overweight
Jacobs Engineering price target raised to $80 from $75 at KeyBanc
KeyBanc analyst Tahira Afzal raised his price target for Jacobs Engineering to $80 from $75 following Q3 results. The analyst views the Q3 beat and stronger than expected initial FY19 guidance as further evidence of the EPS power. Afzal views further upside as possible given the strong momentum in the company's high-margin end markets and increased focus on profitable growth. He reiterates an Overweight rating on the shares.
UTX United Technologies
$135.52

1.67 (1.25%)

07/23/18
ARGS
07/23/18
DOWNGRADE
ARGS
Hold
General Electric downgraded to Hold at Argus on disappointing Q2
As reported earlier, Argus analyst John Eade downgraded General Electric to Hold from Buy, saying that despite his expectations of a turnaround, Q2 results were a "step in the opposite direction" suggesting the company will struggle to meet its FY18 guidance. Eade also lowers his FY18 EPS forecast to 97c from $1.03, adding that GE will need to show at least two quarter of progress before he would reconsider his rating. The analyst further states that while he expects the company to look different in 2-4 years, the outlook for its its core business segments - Power and Renewable Energy - is bleak, saying he prefers other large industrials Such as Illinois Tool Works (ITW), United Technologies (UTX) and Boeing (BA) over General Electric.
07/23/18
07/23/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. STIFEL SAYS SELL PAPA JOHN'S: Stifel analyst Chris O'Cull downgraded Papa John's (PZZA) to Sell from Hold and cut his price target for the shares to $38 from $50. The outlook for Papa John's is "growing dimmer" after recent media reports indicated a "fraternal corporate culture," O'Cull told investors. The reports reinforce the consumer perception that Papa John's is not a trusted brand, the analyst added. His recent channel checks indicate the company's domestic same-restaurant-sales are running down in the mid-teens since last week's media report about the company's founder using a racial slur. Papa John's is in a "precarious position," as it needs a "strategic savior" but is struggling to find one "willing to underwrite a transaction given the brand damage," O'Cull contended. Papa John's shares are down 7% in midday trading BTIG SAYS BUY SPOTIFY: BTIG analyst Rich Greenfield initiated Spotify (SPOT) with a Buy rating and a price target of $230, saying that awaiting a better entry on the stock price "has not worked." The analyst contended that the company will be a "long-term winner" in the subscription music category that remains in its infancy and will "grow significantly for years to come." DEUTSCHE RAISES QUALCOMM TARGET TO $60: Deutsche Bank analyst Ross Seymore raised his price target for Qualcomm (QCOM) shares to $60 from $55 after concluding that removal of the uncertainty from the NXP Semiconductors (NXPI) deal likely leads to incremental upside in either scenario. The analyst said he has no way of assigning probabilities of deal approval given the politically charged nature of the pending regulatory ruling from China's State Administration for Market Regulation. Seymore kept Hold ratings on both Qualcomm and NXP. ARGUS CUTS GE TO HOLD: Argus analyst John Eade downgraded General Electric (GE) to Hold from Buy, saying that despite his expectations of a turnaround, Q2 results were a "step in the opposite direction" suggesting the company will struggle to meet its FY18 guidance. Eade lowered his FY18 EPS forecast to 97c from $1.03, adding that GE will need to show at least two quarter of progress before he would reconsider his rating. The analyst prefers other large industrials such as Illinois Tool Works (ITW), United Technologies (UTX) and Boeing (BA) over General Electric, he added.
08/15/18
UBSW
08/15/18
INITIATION
Target $160
UBSW
Buy
United Technologies initiated with a Buy at UBS
UBS analyst Myles Walton initiated coverage of the Aerospace & Defense sector, starting United Technologies with a Buy rating and $160 price target.
08/20/18
RBCM
08/20/18
NO CHANGE
RBCM
United Technologies offered 'plenty' to stay positive, says RBC Capital
RBC Capital analyst Deane Dray writes that in his investor meetings with United Technologies, the company offered "plenty of reason" to stay positive on the stock. Specifically, the analyst cites the management's confidence in concluding the Rockwell Collins acquisition in September as well as the progress in the geared turbofan, or GTF, development. Dray adds that he was also surprised with the management's candid discussions of the pros/cons of a three-way portfolio break-up.
GT Goodyear Tire
$23.35

0.38 (1.65%)

08/13/18
08/13/18
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. Rite Aid (RAD) downgraded to Market Perform from Outperform at Cowen with analyst Charles Rhyee saying shares of Ride Aid adequately reflect its outlook, following the termination of the company's merger with Albertsons. 2. Akamai (AKAM) downgraded to Neutral from Outperform at Credit Suisse with analyst Brad Zelnick saying with the stock up 29% since Elliott Management's disclosure of a stake on December 15, 2017, many of the catalysts have played out. 3. Alnylam (ALNY) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Terence Flynn saying the lack of cardio data in the approved U.S. label for Onpattro is disappointing and could represent a disadvantage versus Pfizer's (PFE) competitor drug Tafamadis. 4. Goodyear Tire (GT) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Armintas Sinkevicius saying he remains "constructive" on the long-term growth for global miles traveled, but believes this will not affect the stock for the next 12 months due to the overhang from estimate achievability. 5. Dish (DISH) downgraded to Sell from Neutral at MoffettNathanson with analyst Craig Moffett saying while the reported Q2 business conditions in the core satellite TV business were "genuinely better" amid reduced churn and slower subscriber losses, the Spectrum segment -- which holds "all" of the company's equity value -- is worse. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/13/18
MSCO
08/13/18
DOWNGRADE
Target $23
MSCO
Equal Weight
Goodyear Tire downgraded to Equal Weight from Overweight at Morgan Stanley
As previously reported, Morgan Stanley analyst Armintas Sinkevicius downgraded Goodyear Tire to Equal Weight from Overweight and lowered his price target to $23 from $33, telling investors in a research note that he remains "constructive" on the long-term growth for global miles traveled, but believes this will not affect the stock for the next 12 months due to the overhang from estimate achievability. Going forward, the analyst sees further downward pressure to 2019 estimates, with gradual improvement in U.S. replacement tire demand offset by declines in U.S. SAAR, and says management reiterating 2020 guidance keeps investors on the sidelines in the near term.
08/31/18
BREN
08/31/18
DOWNGRADE
Target $23
BREN
Hold
Goodyear Tire downgraded to Hold from Buy at Berenberg
Berenberg analyst Alexander Haissl downgraded Goodyear Tire to Hold and lowered his price target for the shares to $23 from $33. A ramping supply of premium tires will leave the market significantly oversupplied in the medium term, Haissl tells investors in a research note.
08/13/18
MSCO
08/13/18
DOWNGRADE
MSCO
Equal Weight
Goodyear Tire downgraded to Equal Weight from Overweight at Morgan Stanley
WWD Woodward
$81.24

0.49 (0.61%)

12/11/17
FBCO
12/11/17
NO CHANGE
Target $80
FBCO
Neutral
Woodward price target raised to $80 from $70 at Credit Suisse
Credit Suisse analyst Robert Spingarn raised his price target for Woodward to $80 from $70 after attending its annual Investor Day, where management refreshed 2018 guidance and provided a more detailed outlook for major programs and end markets. The analyst reiterates a Neutral rating on the shares.
01/23/18
BRRR
01/23/18
INITIATION
BRRR
Market Perform
Woodward re-initiated with a Market Perform at Barrington
Barrington analyst Matthew Gall re-established a Market Perform rating on Woodward citing valuation.
01/23/18
01/23/18
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. Abeona Therapeutics (ABEO) assumed with an Outperform at RBC Capital. 2. Jack Henry (JKHY) initiated with a Neutral at DA Davidson. 3. Woodward (WWD) re-initiated with a Market Perform at Barrington. 4. Navistar (NAV) initiated with a Neutral at Buckingham. 5. Global Blood Therapeutics (GBT) initiated with an Outperform at William Blair. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/29/18
LEHM
03/29/18
INITIATION
Target $81
LEHM
Equal Weight
Woodward initiated with an Equal Weight at Barclays
Barclays analyst David Strauss started Woodward (WWD) with an Equal Weight rating and $81 price target. The analyst believes expectations for U.S. Aerospace & Defense are too low and initiated the sector with a Positive rating. Fundamentals look poised to deliver accelerating growth against consensus, the analyst contends. He favors TransDigm (TDG) in Aerospace and his top pick overall is L3 Technologies (LLL).
SNDR Schneider National
$26.91

-0.37 (-1.36%)

06/29/18
06/29/18
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. Construction Partners (ROAD) initiated with an Outperform at Imperial Capital. 2. Inovio (INO) assumed with an Overweight at Piper Jaffray. 3. GATX (GATX) initiated with a Buy at Mizuho. 4. Schneider National (SNDR) initiated with a Hold at Stifel. 5. Eloxx Pharmaceuticals (ELOX) initiated with a Buy at Canaccord. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/29/18
STFL
06/29/18
INITIATION
Target $29
STFL
Hold
Schneider National initiated with a Hold at Stifel
Stifel analyst David Ross initiated Schneider National with a Hold rating, stating that it shouldn't be surprising that one of the original leaders in truckload is reaping the benefits of tight capacity and pricing momentum, but he also believes the current valuation is fair. He set a $29 price target on Schneider National shares.
08/09/18
BOFA
08/09/18
DOWNGRADE
Target $27
BOFA
Underperform
Schneider National downgraded to Underperform from Buy at BofA/Merrill
BofA/Merrill analyst Ken Hoexter double downgraded Schneider National to Underperform from Buy and cut its pice target to $27 from $35 citing "stretched" relative valuation. The analyst believes Schneider National is well positioned for sustained growth but said the valuation gap versus peers is likely to shrink.
08/09/18
08/09/18
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. Seagate (STX) downgraded to Sell from Neutral at Goldman Sachs by analyst Mark Delaney, who said that while Seagate has improved its product offerings in the last few years, hard disk drives remain a cyclical industry, and one "facing secular challenges in many parts of the market." 2. 21st Century Fox (FOXA) downgraded to Sector Perform from Outperform at RBC Capital by analyst Steven Cahall who noted that the stock is now trading near its M&A price and that he does not see any competitive bids emerging. 3. e.l.f. Beauty (ELF) downgraded to Hold from Buy at Jefferies by analyst Stephanie Wissink, who said she is disappointed with the company's "sales fall off," which she says "seems more systemic than previously assumed." e.l.f.'s profit advancement will reverse in the second half of the year amid stepped up brand investment. Shares were also downgraded to Underweight from Neutral at Piper Jaffray, who said she sees a "growing risk of shelf-space cuts into 2019" if underlying sales trends do not improve, at Citi to Neutral from Buy and at DA Davidson to Neutral from Buy. 4. Southern Company (SO) downgraded to Underperform from In Line at Evercore ISI by analyst Greg Gordon, who said he believes the shares are still not discounting enough risk after the company announced a $790M after-tax charge related to an increase in the cost estimate for constructing Vogtle Nuclear Plants 3 and 4. Shares were also downgraded to Underperform from Neutral at Credit Suisse, to Equal Weight from Overweight at Barclays and to Neutral from Buy at Guggenheim. 5. Schneider National (SNDR) downgraded to Underperform from Buy at BofA/Merrill by analyst Ken Hoexter, who cited "stretched" relative valuation. The analyst also downgraded Genesee & Wyoming (GWR) to Neutral from Buy, saying recent strength in shares has led to a premium multiple and sees minimal upside. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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Titan Pharmaceuticals

$0.22

-0.2833 (-56.66%)

03/08/13
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03/06/13
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CMCSA

Comcast

$37.91

0.1 (0.26%)

, CMCSK

Comcast

$0.00

(0.00%)

14:32
09/22/18
09/22
14:32
09/22/18
14:32
Periodicals
Comcast outbids Fox in battle for Sky, Reuters reports »

Comcast (CMCSA; CMCSK)…

CMCSA

Comcast

$37.91

0.1 (0.26%)

CMCSK

Comcast

$0.00

(0.00%)

FOX

21st Century Fox

$43.97

-0.23 (-0.52%)

FOXA

21st Century Fox

$44.33

-0.26 (-0.58%)

SKYAY

Sky

$0.00

(0.00%)

03/08/13
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03/08/13
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03/06/13
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BOKF

BOK Financial

$104.69

-0.08 (-0.08%)

, COBZ

CoBiz Financial

$23.44

0.01 (0.04%)

13:36
09/22/18
09/22
13:36
09/22/18
13:36
Conference/Events
CoBiz Financial to host special shareholder meeting »

Special Shareholder…

BOKF

BOK Financial

$104.69

-0.08 (-0.08%)

COBZ

CoBiz Financial

$23.44

0.01 (0.04%)

03/08/13
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AMRH

AMERI Holdings

$1.44

-0.04 (-2.70%)

13:30
09/22/18
09/22
13:30
09/22/18
13:30
Conference/Events
AMERI Holdings to host special shareholder meeting »

Special Shareholder…

03/08/13
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  • 27

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BRK.A

Berkshire Hathaway

$331,710.00

-1090 (-0.33%)

13:26
09/22/18
09/22
13:26
09/22/18
13:26
Periodicals
Berkshire Hathaway still looks underpriced, Barron's says »

Class A shares of…

03/08/13
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BLGO

BioLargo

$0.00

(0.00%)

13:11
09/22/18
09/22
13:11
09/22/18
13:11
Conference/Events
BioLargo to host special shareholder meeting »

Special Shareholder…

03/08/13
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03/08/13
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03/06/13
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CZWI

Citizens Community Bancorp

$14.13

0.03 (0.21%)

12:56
09/22/18
09/22
12:56
09/22/18
12:56
Conference/Events
Citizens Community Bancorp to host special shareholder meeting »

Special Shareholder…

03/08/13
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SF

Stifel Financial

$54.86

-0.78 (-1.40%)

12:50
09/22/18
09/22
12:50
09/22/18
12:50
Conference/Events
Stifel Financial to host special shareholder meeting »

Special Shareholder…

03/08/13
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PBCT

People's United

$17.94

-0.055 (-0.31%)

, FBNK

First Connecticut

$30.95

0.1 (0.32%)

12:47
09/22/18
09/22
12:47
09/22/18
12:47
Conference/Events
First Connecticut to host special shareholder meeting »

Special shareholder…

PBCT

People's United

$17.94

-0.055 (-0.31%)

FBNK

First Connecticut

$30.95

0.1 (0.32%)

03/08/13
Wedge Partners
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03/06/13
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  • 25

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  • 18

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ASPS

Altisource

$34.10

-0.09 (-0.26%)

12:44
09/22/18
09/22
12:44
09/22/18
12:44
Conference/Events
Altisource to host special shareholder meeting »

Special Shareholder…

03/08/13
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AAPL

Apple

$217.65

-2.35 (-1.07%)

, CSCO

Cisco

$48.51

0.77 (1.61%)

12:36
09/22/18
09/22
12:36
09/22/18
12:36
Periodicals
Apple, Microsoft among stocks with solid dividends, Barron's says »

Technology stocks are not…

AAPL

Apple

$217.65

-2.35 (-1.07%)

CSCO

Cisco

$48.51

0.77 (1.61%)

IBM

IBM

$151.29

0.12 (0.08%)

MSFT

Microsoft

$114.70

1.13 (0.99%)

ORCL

Oracle

$51.08

0.65 (1.29%)

03/08/13
Wedge Partners
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03/06/13
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    Mar

CAT

Caterpillar

$156.39

0.38 (0.24%)

, AMAT

Applied Materials

$39.62

0.22 (0.56%)

12:28
09/22/18
09/22
12:28
09/22/18
12:28
Periodicals
Caterpillar, KeyCorp among stocks to buy as bond yields rise, Barron's says »

As the economy improves,…

CAT

Caterpillar

$156.39

0.38 (0.24%)

AMAT

Applied Materials

$39.62

0.22 (0.56%)

BWA

BorgWarner

$45.24

-0.53 (-1.16%)

KEY

KeyCorp

$20.78

0.02 (0.10%)

PH

Parker-Hannifin

$190.52

0.01 (0.01%)

03/08/13
Wedge Partners
03/08/13
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BSX

Boston Scientific

$37.76

-0.07 (-0.19%)

, ISRG

Intuitive Surgical

$556.70

-4.43 (-0.79%)

10:34
09/22/18
09/22
10:34
09/22/18
10:34
Periodicals
'Good time' to think about device markers, Barron's says »

Medical technology stocks…

BSX

Boston Scientific

$37.76

-0.07 (-0.19%)

ISRG

Intuitive Surgical

$556.70

-4.43 (-0.79%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 09

    Oct

TLRY

Tilray

$123.16

-53.365 (-30.23%)

10:20
09/22/18
09/22
10:20
09/22/18
10:20
Periodicals
Marijuana stocks 'the new Bitcoin,' Barron's says »

Led by Tilray, the…

03/08/13
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03/06/13
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03/06/13
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AAPL

Apple

$217.65

-2.35 (-1.07%)

, WMT

Walmart

$95.85

0.1 (0.10%)

09:05
09/22/18
09/22
09:05
09/22/18
09:05
Hot Stocks
Week in review: How Trump's policies moved stocks »

Catch up on the top…

AAPL

Apple

$217.65

-2.35 (-1.07%)

WMT

Walmart

$95.85

0.1 (0.10%)

DE

Deere

$152.82

-1.24 (-0.80%)

AGCO

Agco

$60.24

-0.9 (-1.47%)

ADM

Archer Daniels

$50.33

(0.00%)

MOS

Mosaic

$32.33

0.02 (0.06%)

CF

CF Industries

$52.82

-0.48 (-0.90%)

SPWR

SunPower

$7.88

-0.18 (-2.23%)

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

AERI

Aerie Pharmaceuticals

$58.50

0.1 (0.17%)

, AGN

Allergan

$191.34

-1.11 (-0.58%)

04:55
09/22/18
09/22
04:55
09/22/18
04:55
Conference/Events
European Society of Retina Specialists to hold a conference »

18th Congress of EURETINA…

AERI

Aerie Pharmaceuticals

$58.50

0.1 (0.17%)

AGN

Allergan

$191.34

-1.11 (-0.58%)

ALIM

Alimera Sciences

$1.07

(0.00%)

BABY

Natus Medical

$34.45

-0.2 (-0.58%)

BHC

Bausch Health

$24.92

-0.07 (-0.28%)

BAYRY

Bayer

$0.00

(0.00%)

ELXMF

Ellex Medical Lasers

$0.00

(0.00%)

GKOS

Glaukos

$58.78

-1.69 (-2.79%)

IRIX

IRIDEX

$6.52

0.08 (1.24%)

JNJ

Johnson & Johnson

$142.85

0.85 (0.60%)

NITE

Nightstar Therapeutics

$25.64

-1.71 (-6.25%)

NVS

Novartis

$85.46

-0.505 (-0.59%)

OCUL

Ocular Therapeutix

$6.45

0.03 (0.47%)

RHHBY

Roche

$0.00

(0.00%)

SHPG

Shire

$178.32

-1.68 (-0.93%)

STAA

STAAR Surgical

$47.00

-0.9 (-1.88%)

TMDI

Titan Medical

$2.24

0.02 (0.90%)

TTNP

Titan Pharmaceuticals

$0.22

-0.2833 (-56.66%)

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

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