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ARCB

ArcBest

$48.40

1.05 (2.22%)

, BOFI

BofI Holding

$35.82

0.34 (0.96%)

04:55
09/26/18
09/26
04:55
09/26/18
04:55

Stephens to hold a forum

8th Annual Bank CEO Forum will be held in Little Rock, AR on September 24-26.

ARCB

ArcBest

$48.40

1.05 (2.22%)

BOFI

BofI Holding

$35.82

0.34 (0.96%)

BY

Byline Bancorp

$22.74

-0.07 (-0.31%)

CARO

Carolina Financial

$38.58

-0.22 (-0.57%)

CSFL

CenterState Bank

$28.99

(0.00%)

FBK

FB Financial

$41.37

-2.11 (-4.85%)

HTH

Hilltop Holdings

$20.69

0.13 (0.63%)

NBHC

National Bank

$37.79

0.04 (0.11%)

NCOM

National Commerce

$42.35

-0.35 (-0.82%)

OLBK

Old Line Bancshares

$32.07

-0.38 (-1.17%)

ICBK

County Bancorp

$25.61

0.11 (0.43%)

LION

Fidelity Southern

$25.13

-0.05 (-0.20%)

MSBI

Midland States

$32.60

-0.26 (-0.79%)

TBK

Triumph Bancorp

$40.25

-1.5 (-3.59%)

STL

Sterling Bancorp

$22.70

-0.05 (-0.22%)

VBTX

Veritex

$28.81

-0.08 (-0.28%)

WTFC

Wintrust Financial

$88.61

-0.49 (-0.55%)

TSC

TriState Capital

$27.60

-0.35 (-1.25%)

RNST

Renasant

$42.56

-0.49 (-1.14%)

SFNC

Simmons First National

$30.55

-0.15 (-0.49%)

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ARCB ArcBest
$48.40

1.05 (2.22%)

04/03/18
04/03/18
UPGRADE
Target $32

Hold
ArcBest upgraded to Hold after Teamsters deal at Stifel
As previously reported, Stifel analyst David Ross upgraded ArcBest to Hold from Sell after ABF Freight reached an agreement in principle with the Teamsters and the sent the deal to union leaders for approval. While Ross acknowledges he does not yet know the economic impact of the new deal, he does believe the fact that there is not a strike this week at ABF is good for the LTL industry as a whole. He expects the above-average cost increases in the contract to at least be partially offset near-term by the robust freight market. However, Ross lowered his price target on ArcBest shares to $32 from $35.
05/23/18
ARGS
05/23/18
INITIATION
Target $175
ARGS
Buy
Old Dominion initiated with a Buy at Argus
Argus analyst John Staszak initiated Old Dominion (ODFL) with a Buy rating and a price target of $175, saying the company is enjoying high customer retention and market share gains thanks to its "record of 99% on time deliveries". The analyst also cites the positive less-than-tuckload business fundamentals as freight shipping is shifting to LTL transport from the full-truckload segment due to tight capacity, forecasting Old Dominion to post high-teens revenue growth in FY18 - well above that of its competitors ArcBest (ARCB), FedEx Freight (FDX), and YRC Worldwide (YRCW).
04/02/18
STFL
04/02/18
UPGRADE
STFL
Hold
ArcBest upgraded to Hold from Sell at Stifel
04/13/18
SPHN
04/13/18
NO CHANGE
Target $31
SPHN
Overweight
ArcBest deal with Teamsters doesn't look favorable, says Stephens
The Teamsters last night held a conference call to discuss the details of the tentative labor agreement with ABF Freight, Stephens analyst Brad Delco tells investors in a research note. The tentative agreement favors the Teamsters more than previously thought, the analyst contends. He notes that ArcBest seemingly did not receive any concessions on wagers nor get any breaks on health or welfare benefits. However, the rate of wage and health benefit increases does seem to be below market levels, Delco points out. To reflect the tentative agreement, the analyst lowered his price target for ArcBest shares to $31 from $37. He keeps an Equal Weight rating on the name.
BOFI BofI Holding
$35.82

0.34 (0.96%)

05/22/18
05/22/18
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. BofI Holding (BOFI) downgraded to Neutral from Buy at Compass Point with the firm citing valuation. 2. Sasol (SSL) downgraded to Hold from Buy at Deutsche Bank with analyst Pavel Kushnir citing valuation. 3. Cameco (CCJ) downgraded to Sector Perform from Outperform at RBC Capital. 4. Embraer (ERJ) downgraded to Hold from Buy at Drexel Hamilton. 5. Manchester United (MANU) downgraded to Hold from Buy at Deutsche Bank with analyst Clay Griffin 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.
05/21/18
COMP
05/21/18
DOWNGRADE
COMP
Neutral
BofI Holding downgraded to Neutral from Buy at Compass Point
Compass Point downgraded Bofi Holding to Neutral from Buy citing valuation.
04/05/18
DADA
04/05/18
NO CHANGE
Target $48
DADA
Buy
BofI Holding price target raised to $48 from $40 at DA Davidson
DA Davidson analyst Gary Tenner raised his price target on BofI Holding to $48 and kept his Buy rating after the company's acquisition of Bankruptcy Trustee and Fiduciary Services business from Epiq. Tenner believes that the assets provide Bofi with a software platform that can address the needs of Chapter 7 and non-7 trustees nationwide while also bringing "significant" low-cost deposits of up to $1B. The analyst notes that while the acquisition is only "modestly" accretive in the short run, it gives Bofi a source of potential funding as well as an opportunity to expand into other niches.
04/02/18
04/02/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrade with this list compiled by The Fly: 1. Fitbit (FIT) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Yuuji Anderson saying new smartwatches will be outweighed by declines in legacy products, while software opportunities in health coaching "will take time to ramp." 2. Energizer (ENR) downgraded to Hold from Buy at Deutsche Bank with analyst Faiza Alwy saying the risk/reward is balanced with the shares up 24% since the "surprise" announcement that the battery deal with Spectrum Brands (SPB) will not be challenged by the Federal Trade Commission. 3. National Instruments (NATI) downgraded to Neutral from Outperform at Baird with analyst Richard Eastman citing current valuation and the expectations future valuations will more closely mirror the market until visibility on 2020 earnings emerges. 4. BofI Holding (BOFI) downgraded to Outperform from Strong Buy at Raymond James. 5. RSP Permian (RSPP) was downgraded to Hold from Buy at KLR Group and to Market Perform from Outperform at Raymond James. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
BY Byline Bancorp
$22.74

-0.07 (-0.31%)

07/05/18
PIPR
07/05/18
NO CHANGE
Target $26
PIPR
Overweight
Byline Bancorp valuation offers attractive entry points, says Piper Jaffray
Piper Jaffray analyst Nathan Race says Byline Bancorp's current valuation offers an attractive entry point with the company's loan growth likely to return to an above average pace. Further, credit costs expected to moderate in Q2 and the second half of 2018, Race tells investors in a research note. He views the risk/reward as favorable and upped his price target for Overweight-rated Byline Bancorp to $26 from $24.
11/29/17
KBWI
11/29/17
UPGRADE
Target $24
KBWI
Outperform
Byline Bancorp upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Michael Perito upgraded Byline Bancorp to Outperform and raised his price target for the shares to $24 from $21. The analyst views the acquisition of First Evanston Bancorp as "solid" with the potential for earnings accretion.
10/03/17
FIGP
10/03/17
INITIATION
FIGP
Market Perform
Byline Bancorp initiated with a Market Perform at Fig Partners
05/30/18
SDLR
05/30/18
INITIATION
Target $23
SDLR
Hold
Byline Bancorp initiated with a Hold at Sandler O'Neill
Sandler O'Neill analyst Andrew Liesch started Byline Bancorp with a Hold rating and $23 price target. The analyst notes the shares trade at 168% of tangible common book value and 14.1 times his 2019 earnings estimate.
CARO Carolina Financial
$38.58

-0.22 (-0.57%)

01/25/18
BMUR
01/25/18
NO CHANGE
Target $43
BMUR
Buy
Carolina Financial Q4 results beat across the board, says Brean Capital
Brean Capital analyst Blair Brantley said Carolina Financial's Q4 results beat across the board on both revenues and operating expenses. The loan loss provision was above expectations but that was due to strong organic growth. The analyst is positive on the quarter and expects the company to grow organically at an attractive clip while building capital for external growth. Brantley reiterated his Buy rating and $43 price target on Carolina Financial shares.
07/09/18
KBWI
07/09/18
DOWNGRADE
Target $48
KBWI
Market Perform
Carolina Financial downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Catherine Mealor downgraded Carolina Financial to Market Perform while raising her price target for the shares to $48 from $46. The analyst cites valuation for the downgrade following the "significant move" in the shares and limited upside to her new target.
11/10/17
BMUR
11/10/17
NO CHANGE
Target $40
BMUR
Buy
Carolina Financial weakness a buying opportunity, says Brean Capital
Brean Capital analyst Blair Brantley said the recent pullback in Carolina Financial is a buying opportunity. He continues to believe the company is optimally positioned to leverage its legacy bank momentum and the M&A dislocation in select markets. He said the pullback gives investors a chance to invest in the second largest community bank in the Carolinas. Brantley reiterated his Buy rating and $40 price target on Carolina Financial shares.
11/10/17
BMUR
11/10/17
NO CHANGE
Target $40
BMUR
Buy
Carolina Financial pullback a buying opportunity, says Brean Capital
Brean Capital analyst Blair Brantley recommends using the recent pullback in shares of Carolina Financial as a buying opportunity. After meeting with management, the analyst believes Carolina is "optimally positioned" to leverage its legacy bank momentum with the recently closed First South acquisition. He keeps a Buy rating on the shares with a $40 price target.
CSFL CenterState Bank
$28.99

(0.00%)

09/12/18
SDLR
09/12/18
DOWNGRADE
Target $32.5
SDLR
Hold
CenterState Banks downgraded to Hold from Buy at Sandler O'Neill
Sandler O'Neill analyst Stephen Scouten downgraded CenterState Banks (CSFL) to Hold saying further near-term upside "appears minimal" from current valuation levels. The stock is up 10% since the April Charter Financial deal announcement and 18% year-to-date, Scouten tells investors in a research note. He has a $32.50 price target for CenterState shares.
05/29/18
RAJA
05/29/18
DOWNGRADE
RAJA
Market Perform
CenterState Banks downgraded to Market Perform on valuation at Raymond James
As previously reported, Raymond James downgraded CenterState Banks to Market Perform from Outperform. Analyst Michael Rose said risk/reward is balanced following strong year-to-date share outperformance.
09/12/18
09/12/18
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. Micron (MU) downgraded to Neutral from Buy at Goldman Sachs with analyst Mark Delaney seeing weaker fundamentals for DRAM and NAND in calendar Q4 and the first half of 2019. 2. NXP Semiconductors (NXPI) downgraded to Sell from Hold at Stifel wit hanalyst Tore Svanberg arguing that multiple recent industry data points seem to suggest the analog and mixed-signal semiconductor markets are peaking. 3. Snap (SNAP) downgraded to Sell from Neutral at BTIG with analyst Richard Greenfield saying his previous assumption that "communications apps were sticky and would protect engagement" was incorrect. 4. Acuity Brands (AYI) downgraded to Sell from Neutral at Goldman Sachs with analyst Brian Lee seeing three key issues emanating around margin risk: mix, costs, and pricing power. 5. CenterState Bank (CSFL) downgraded to Hold from Buy at Sandler O'Neill with analyst Stephen Scouten saying further near-term upside "appears minimal" from current valuation levels. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/26/18
BMUR
07/26/18
NO CHANGE
Target $33
BMUR
Buy
CenterState Banks well positioned for outperformance, says Brean Capital
Brean Capital analyst Blair Brantley said CenterState Banks reported solid Q2 results and is well positioned to maintain its outperformance. The analyst cited its core deposit base leverage, legacy loan growth momentum, diverse fee income lines and dynamic operating markets. Brantley reiterated his Buy rating and raised his price target to $33 from $32 on CenterState Bank shares.
FBK FB Financial
$41.37

-2.11 (-4.85%)

10/10/17
RAJA
10/10/17
INITIATION
Target $41
RAJA
Outperform
FB Financial initiated with an Outperform at Raymond James
Raymond James initiated FB Financial with an Outperform and $41 price target.
03/22/18
UBSW
03/22/18
INITIATION
Target $44
UBSW
Neutral
FB Financial initiated with a Neutral at UBS
UBS analyst Brock Vandervliet started FB Financial with a Neutral rating and $44 price target. The analyst rolled out coverage last night on the Mid-Cap Banks. He sees performance differentiation "playing out more starkly" than investors may expect with "increasingly advantaged and disadvantaged participants."
09/25/18
SPHN
09/25/18
NO CHANGE
SPHN
FB Financial guidance may add caution about mortgage heavy banks, says Stephens
Stephens analyst Tyler Stafford noted that FB Financial (FBK) has lowered its mortgage expectations for the second half of the year, which he sees being driven by softer volumes than originally expected coupled with incremental GOS margin pressure. Stafford thinks FB Financial's guidance may make investors incrementally more cautious around other mortgage heavy banks, he tells investors. On a list of banks with the largest GOS mortgage exposures as a percentage of revenue as of Q2 2018, Stafford identifies HomeStreet (HMST), Hilltop Holdings (HTH), Fidelity Southern (LION) and Flagstar Bancorp (FBC) alongside FB Financial.
HTH Hilltop Holdings
$20.69

0.13 (0.63%)

07/31/18
COMP
07/31/18
UPGRADE
COMP
Buy
Hilltop Holdings upgraded to Buy from Neutral at Compass Point
Compass Point analyst Chris Gamaitoni upgraded Hilltop Holdings to Buy with a $25 price target saying valuation reflects mortgage pressures.
01/29/18
SPHN
01/29/18
DOWNGRADE
Target $28
SPHN
Equal Weight
Hilltop Holdings downgraded to Equal Weight from Overweight at Stephens
Stephens analyst Matt Olney downgraded Hilltop Holdings to Equal Weight from Overweight after lowering his 2018 and 2019 EPS estimates following more conservative guidance on lower PAA income, a higher effective tax rate than he expected and increased pressure on GOS margin. Olney maintains a $28 price target on Hilltop Holdings shares.
05/14/18
COMP
05/14/18
DOWNGRADE
COMP
Neutral
Hilltop Holdings downgraded to Neutral from Buy at Compass Point
NBHC National Bank
$37.79

0.04 (0.11%)

03/27/18
DADA
03/27/18
UPGRADE
Target $38
DADA
Buy
National Bank upgraded to Buy from Neutral at DA Davidson
DA Davidson analyst Jeff Rulis upgraded National Bank to Buy from Neutral and raised his price target to $38 from $36. Rulis says the bank stock is "most attractive" among its closest peers, trading at a nearly 15% discount on a PE and tangible book value basis. The analyst also points to a 32% decline in the bank's non-performing loans last year and expects that trend to continue in 2018 along with the anticipated 10% decline in loan loss provision.
10/20/17
KBWI
10/20/17
DOWNGRADE
KBWI
Market Perform
National Bank downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Christopher McGratty downgraded National Bank to Market Perform citing valuation with the shares nearing his price target of $35. The analyst believes the stock is near fair value.
NCOM National Commerce
$42.35

-0.35 (-0.82%)

OLBK Old Line Bancshares
$32.07

-0.38 (-1.17%)

07/26/18
SDLR
07/26/18
DOWNGRADE
SDLR
Hold
Old Line Bancshares downgraded to Hold from Buy at Sandler O'Neill
Sandler O'Neill analyst Casey Whitman downgraded Old Line Bancshares citing valuation and maintained a $38 price target.
05/03/18
HOVD
05/03/18
INITIATION
HOVD
Outperform
Old Line Bancshares initiated with an Outperform at Hovde Group
ICBK County Bancorp
$25.61

0.11 (0.43%)

08/08/18
SDLR
08/08/18
INITIATION
SDLR
Hold
County Bancorp initiated with a Hold at Sandler O'Neill
Sandler O'Neill analyst Brendan Nosal initiated County Bancorp with a Hold and $28 price target.
08/29/18
HOVD
08/29/18
UPGRADE
HOVD
Outperform
County Bancorp upgraded to Outperform from Market Perform at Hovde Group
02/09/18
DADA
02/09/18
INITIATION
Target $31
DADA
Neutral
County Bancorp initiated with a Neutral at DA Davidson
DA Davidson analyst Kevin Reevey initiated County Bancorp with a Neutral rating and a price target of $31 - a slight premium to the bank's peer group. The analyst contends that the premium is justified by the company's "strong core earnings growth, improving core deposit base, and unique & differentiated expertise in agricultural lending". Reevey also points to County Bancorp's "healthy" diversification of fee income, with about 16% of total revenue coming from noninterest income, along with its better efficiency model of utilizing a "branch-lite" strategy.
02/09/18
02/09/18
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. Motorola Solutions (MSI) initiated with a Neutral at JPMorgan. 2. Spero Therapeutics (SPRO) initiated with an Overweight at Cantor Fitzgerald. 3. County Bancorp (ICBK) initiated with a Neutral at DA Davidson. 4. Diplomat Pharmacy (DPLO) initiated with a Buy at Lake Street. 5. Pulmatrix (PULM) initiated with a Buy at H.C. Wainwright. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
LION Fidelity Southern
$25.13

-0.05 (-0.20%)

09/07/18
SPHN
09/07/18
UPGRADE
SPHN
Overweight
Fidelity Southern upgraded to Overweight from Equal Weight at Stephens
09/07/18
09/07/18
UPGRADE
Target $31

Overweight
Stephens ups Fidelity Southern to Overweight with profitability seen at trough
As previously reported, Stephens analyst Tyler Stafford upgraded Fidelity Southern to Overweight from Equal Weight, as he thinks the bank's profitability is at a trough and should inflect on a path to $2.00 of EPS and a 1.00% ROA in 2020. The analyst, who also highlights the bank's 93% core deposit base and "scarcity value," raised his price target on Fidelity Southern shares to $31 from $25.
MSBI Midland States
$32.60

-0.26 (-0.79%)

TBK Triumph Bancorp
$40.25

-1.5 (-3.59%)

09/20/18
DADA
09/20/18
NO CHANGE
Target $52
DADA
Buy
DA Davidson raises Triumph Bancorp price target to $52 on strong organic growth
D.A. Davidson analyst Gary Tenner raised his price target on Triumph Bancorp to $52 from $50 and kept his Buy rating, saying the stock is one of his "top picks" with expected strong organic growth through 2019. The analyst notes that trucking spot rates could head higher as a result of the hurricane Florence impact, which could reverse last year's retreat on tightening capacity in the affected East Coast markets. Tenner also points to "penetration of larger freight brokers" being the next stop for Triumph in building a "wider competitive moat".
09/21/18
SPHN
09/21/18
NO CHANGE
Target $46
SPHN
Overweight
Triumph Bancorp outperformance may reverse after fraud event, says Stephens
Stephens analyst Matt Olney noted that Triumph Bancorp shares had outperformed over the last month, though he expects this trend to reverse in the near-term after the company disclosed a charge it will recognize in Q3 due to fraud committed by a single asset-based lending customer. In addition to lowering his Q3 forecast to account for the impact, Olney lowered his 2019 EPS estimate to assume higher historical losses will require higher LLP expense, he tells investors. However, he maintains an Overweight rating and $46 price target on Triumph Bancorp shares.
04/05/18
WELS
04/05/18
DOWNGRADE
Target $43
WELS
Market Perform
Triumph Bancorp downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Jared Shaw downgraded Triumph Bancorp to Market Perform with an unchanged price target of $43. The analyst believes the valuation "has caught up to broader performance" with the shares up 138% since 2016. He notes the stock now trades at a slight premium to the group.
01/23/18
RILY
01/23/18
UPGRADE
Target $42
RILY
Buy
Triumph Bancorp upgraded to Buy from Neutral at B. Riley FBR
B Riley FBR analyst Stephen Moss upgraded Triumph Bancorp to Buy and raised his price target for the shares to $42 from $38 following the company's Q4 results. Piper Jaffray this morning also upgraded the shares.
STL Sterling Bancorp
$22.70

-0.05 (-0.22%)

06/18/18
SBSH
06/18/18
INITIATION
Target $27
SBSH
Neutral
Sterling Bancorp initiated with a Neutral at Citi
Citi analyst Arren Cyganovich started Valley Sterling Bancorp with a Neutral rating and $27 price target.
05/01/18
MAXM
05/01/18
NO CHANGE
Target $36
MAXM
Buy
Sterling Bancorp price target raised to $36 from $32 at Maxim
Maxim analyst Michael Diana raised his price target on Sterling Bancorp to $36 from $32, saying the company is his "best idea among banks". The analyst is positive on Sterling's "large cost saving opportunity" discussed in the Q1 earnings call amid its integration of Astoria Financial, particularly his expectations of FY19 expenses remaining the same as in the FY18 level.
08/29/18
KBWI
08/29/18
NO CHANGE
Target $34
KBWI
Outperform
Sterling Bancorp valuation discount versus peers to narrow, says Keefe Bruyette
Shares of Sterling Bancorp currently trade at a forward price-to-earnings ratio discount of more than 30% to the regional bank group, Keefe Bruyette analyst Collyn Gilbert tells investors in a research note partially titled "NYC Metro Gem Not Getting the Love It Deserves." The analyst, however, continues to see "significant strength and flexibility in Sterling's operational and financial position." She believes its current valuation discount will narrow in the coming 12-18 months and reiterates an Outperform rating on Sterling Bancorp with a $34 price target.
11/20/17
JMPS
11/20/17
INITIATION
JMPS
Market Perform
Sterling Bancorp initiated with a Market Perform at JMP Securities
JMP Securities analyst Emlen Harmon started Sterling Bancorp with a Market Perform rating, saying he thinks the accretion targets for the combination with Astoria appear achievable, but deals can be "messy" initially and the stock is not as cheap.
VBTX Veritex
$28.81

-0.08 (-0.28%)

02/01/18
PIPR
02/01/18
UPGRADE
Target $33
PIPR
Overweight
Veritex upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Brett Rabatin upgraded Veritex Holdings to Overweight and raised his price target for the shares to $33 from $31. Following the Q4 earnings report, the analyst has higher confidence that Veritex will remain a mid-to-high teen growth bank. He also likes the current valuation.
07/27/18
KBWI
07/27/18
UPGRADE
Target $30
KBWI
Outperform
Green Bancorp upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Brady Gailey upgraded Green Bancorp (GNBC) to Outperform and raised his price target for the shares to $30 from $26. The analyst is syncing his rating Veritex (VBTX) to reflect the pending merger.
01/16/18
KBWI
01/16/18
INITIATION
Target $33
KBWI
Outperform
Veritex initiated with an Outperform at Keefe Bruyette
Keefe Bruyette started Veritex Holdings with an Outperform rating and $33 price target.
12/12/17
DADA
12/12/17
NO CHANGE
Target $32
DADA
Buy
Veritex organic growth momentum remains strong, says DA Davidson
DA Davidson analyst Gary Tenner says Veritex is "one of the better growth stories" in the space given its organic and M&A driven growth. Tenner notes that Commercial and Industrial lending, as well as Commercial Real Estate, should continue to lead the business, forecasting 2018 growth to remain in mid-to-high teens following a 12% rate in Q4. The analyst keeps his Buy rating and $32 price target on Veritex.
WTFC Wintrust Financial
$88.61

-0.49 (-0.55%)

01/24/18
DADA
01/24/18
NO CHANGE
Target $93
DADA
Neutral
Wintrust Financial price target raised to $93 from $84 at DA Davidson
DA Davidson analyst Kevin Reevey raised his price target on Wintrust Financial to $93 after Q4 earnings, saying the EPS decline from the past quarter was due to higher noninterest expenses that was partially offset by higher spread income. Reevey attributes the price target increase "mainly on lower effective corporate tax rate" expectations, while also keeping his Neutral rating on Wintrust Financial.
03/12/18
FIGP
03/12/18
DOWNGRADE
FIGP
Market Perform
Wintrust Financial downgraded to Market Perform from Outperform at Fig Partners
Fig Partners downgraded Wintrust Financial to Market Perform citing valuation.
02/09/18
FIGP
02/09/18
UPGRADE
FIGP
Outperform
Wintrust Financial upgraded to Outperform from Market Perform at Fig Partners
Fig Partners analyst John Rodis upgraded Wintrust Financial to Outperform saying the pullback in shares provides a buying opportunity.
03/22/18
UBSW
03/22/18
INITIATION
Target $93
UBSW
Neutral
Wintrust Financial initiated with a Neutral at UBS
UBS analyst Brock Vandervliet started Wintrust Financial with a Neutral rating and $93 price target. The analyst rolled out coverage last night on the Mid-Cap Banks. He sees performance differentiation "playing out more starkly" than investors may expect with "increasingly advantaged and disadvantaged participants."
TSC TriState Capital
$27.60

-0.35 (-1.25%)

12/11/17
RAJA
12/11/17
INITIATION
Target $28
RAJA
Outperform
TriState Capital initiated with an Outperform at Raymond James
Raymond James analyst Daniel Cardenas initiated TriStart Capital with an Outperform and $28 price target saying it is a highly dependable, diversified growth story with a track record of improving profitability and excellent credit discipline.
RNST Renasant
$42.56

-0.49 (-1.14%)

02/09/18
HDLY
02/09/18
UPGRADE
HDLY
Buy
Renasant upgraded to Buy from Neutral at Hilliard Lyons
Hilliard Lyons analyst Andrew Stapp upgraded Renasant to Buy with a $48 price target. The analyst believes the recent selloff in the shares creates an attractive investment opportunity. Renasant has declined 6.9% in the current correction and now trades at 13.6 times the analyst's 2018 earnings estimate. He believes the "discounted valuation is clearly too low for a company that generated linked-quarter annualized growth of 9.1% loan growth" in Q4.
07/10/18
RAJA
07/10/18
DOWNGRADE
RAJA
Market Perform
Renasant downgraded to Market Perform from Outperform at Raymond James
04/02/18
SDLR
04/02/18
UPGRADE
SDLR
Buy
Renasant upgraded to Buy from Hold at Sandler O'Neill
04/02/18
04/02/18
UPGRADE
Target $49

Buy
Renasant upgraded to Buy after Brand Group deal at Sandler ONeill
As previously reported, Sandler ONeill analyst Brad Milsaps upgraded Renasant to Buy from Hold as he increased his 2019 earning estimate following the company's deal to acquire Brand Group Holdings. Milsaps is assuming 6% earnings accretion from the Brand acquisition, but notes he is being conservative and that if Brand "simply earns what it did in 2017 plus the expected 35% cost savings" that Renasant should "easily" hit his $3.45 per share earnings estimate for 2019. The analyst, who also believes the valuation of Renasant is now more reasonable relative to peers, raised his price target on the stock to $49 from $45.
SFNC Simmons First National
$30.55

-0.15 (-0.49%)

01/24/18
SDLR
01/24/18
UPGRADE
Target $68
SDLR
Buy
Simmons First National upgraded to Buy with $68 target at Sandler O'Neill
Sandler O'Neill analyst Stephen Scouten upgraded Simmons First National to Buy from Hold with a $68 price target following the company's Q4 results. After Simmons clarified its forward technology spend, the analyst expects stronger loan growth and "significant" year-over-year earnings growth in 2018.
07/25/18
SDLR
07/25/18
DOWNGRADE
SDLR
Hold
Simmons First National downgraded to Hold from Buy at Sandler O'Neill
10/24/17
SDLR
10/24/17
DOWNGRADE
Target $62
SDLR
Hold
Simmons First National downgraded to Hold from Buy at Sandler O'Neill
Sandler O'Neill analyst Stephen Scouten downgraded Simmons First National to Hold from Buy saying his thesis that the shares were unfairly discounted relative to peers has largely played out. The stock has re-rated to a more reasonable valuation, Scouten tells investors in a research note. He has a $62 price target for the stock.
01/24/18
SDLR
01/24/18
UPGRADE
SDLR
Buy
Simmons First National upgraded to Buy from Hold at Sandler O'Neill

TODAY'S FREE FLY STORIES

AAPL

Apple

$187.49

4.43 (2.42%)

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Apple expands keyboard repair program to include butterfly mechanism, Verge says »

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CC

Chemours

$23.77

1.35 (6.02%)

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5K Chemours Oct 16 - 20 put spreads bought for 92c as shares rally »

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Cowen biotechnology analysts to hold an analyst/industry conference call »

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QRVO

Qorvo

$62.14

0.84 (1.37%)

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Qorvo analyst commentary at Oppenheimer »

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PED

PEDEVCO Corp.

$2.02

-0.06 (-2.88%)

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PEDEVCO Corp.

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$NSD

NASDAQ Market Internals

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MSFT

Microsoft

$127.09

0.9 (0.71%)

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Apple

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4.46 (2.44%)

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Microsoft cuts Huawei laptop from store, Verge says »

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MSFT

Microsoft

$127.09

0.9 (0.71%)

AAPL

Apple

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4.46 (2.44%)

HPQ

HP Inc.

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BCRX

BioCryst

$3.45

-3.95 (-53.38%)

14:13
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BioCryst analyst commentary  »

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XRX

Xerox

$32.83

0.705 (2.19%)

14:12
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Xerox shareholders approve holding company reorganization »

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YELP

Yelp

$32.36

0.65 (2.05%)

14:10
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Options
Bullish option flow in Yelp »

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PED

PEDEVCO Corp.

$2.02

-0.06 (-2.88%)

13:51
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Breaking Hot Stocks news story on PEDEVCO Corp. »

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CIR

Circor

$42.87

12.23 (39.92%)

13:47
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Breaking Hot Stocks news story on Circor 

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PYDS

Payment Data Systems

$2.30

0.18 (8.49%)

13:46
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Payment Data Systems jumps over 7% after announcing pact with Pineapple Payments »

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FLR

Fluor

$29.94

0.48 (1.63%)

13:45
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Fluor call volume above normal and directionally bullish »

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GOOD

Gladstone

$21.61

0.165 (0.77%)

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CIR

Circor

$42.96

12.32 (40.21%)

, CR

Crane

$83.27

-1.62 (-1.91%)

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Circor again rejects Crane bid, says it 'substantially' undervalues company »

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Circor

$42.96

12.32 (40.21%)

CR

Crane

$83.27

-1.62 (-1.91%)

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Circor

$42.96

12.32 (40.21%)

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Crane

$83.27

-1.62 (-1.91%)

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Breaking Hot Stocks news story on Circor, Crane »

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Circor

$42.96

12.32 (40.21%)

CR

Crane

$83.27

-1.62 (-1.91%)

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MET

MetLife

$48.03

0.52 (1.09%)

13:30
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MetLife in talks to sell central European assets to Generali, Bloomberg says »

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PXD

Pioneer Natural

$157.52

3.29 (2.13%)

13:26
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Pioneer Natural backs Q2 Permian production view 313-328 MBOEPD »

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CMCSA

Comcast

$43.15

0.37 (0.86%)

, CMCSK

Comcast

$0.00

(0.00%)

13:25
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Comcast working on device similar to Amazon Echo, focused on health, CNBC says »

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CMCSA

Comcast

$43.15

0.37 (0.86%)

CMCSK

Comcast

$0.00

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AMZN

Amazon.com

$1,853.86

-4.95 (-0.27%)

GOOG

Alphabet

$1,151.98

13.65 (1.20%)

GOOGL

Alphabet Class A

$1,157.99

12.71 (1.11%)

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CIR

Circor

$43.01

12.37 (40.37%)

13:25
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Breaking Hot Stocks news story on Circor »

CIRCOR trading halted,…

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PXD

Pioneer Natural

$157.52

3.29 (2.13%)

13:25
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Pioneer Natural sees FY19 Permian production 320-335 MBOEPD »

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Treasury Action: shorter dated Treasuries continue to erode »

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