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ABB

ABB

$23.18

-0.24 (-1.02%)

, ACM

Aecom

$32.85

0.06 (0.18%)

04:55
10/03/18
10/03
04:55
10/03/18
04:55

Water Environment Federation to ho ld a trade show

WEFTEC 2018 will be held in New Orleans on September 29-October 3.

ABB

ABB

$23.18

-0.24 (-1.02%)

ACM

Aecom

$32.85

0.06 (0.18%)

AEGN

Aegion

$24.51

-0.23 (-0.93%)

ARCAY

Arcadis

$0.00

(0.00%)

BMI

Badger Meter

$52.68

0.31 (0.59%)

CAT

Caterpillar

$154.89

2.51 (1.65%)

FLOW

SPX FLOW

$51.51

-0.48 (-0.92%)

GDI

Gardner Denver

$28.07

0.05 (0.18%)

TDY

Teledyne

$242.76

-3.03 (-1.23%)

XYL

Xylem

$80.41

-0.24 (-0.30%)

WTS

Watts Water

$80.71

-0.62 (-0.76%)

PX

Praxair

$169.07

0.23 (0.14%)

OC

Owens Corning

$53.85

0.26 (0.49%)

NOV

National Oilwell

$44.40

0.42 (0.95%)

TMO

Thermo Fisher

$247.80

-0.76 (-0.31%)

TEL

TE Connectivity

$86.91

0.095 (0.11%)

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ABB ABB
$23.18

-0.24 (-1.02%)

09/13/18
SOCG
09/13/18
UPGRADE
SOCG
Buy
ABB upgraded to Buy from Hold at Societe Generale
09/03/18
DNBM
09/03/18
INITIATION
DNBM
Buy
ABB initiated with a Buy at DNB Markets
DNB Markets started ABB with a Buy rating and SEK 261 price target. The firm sees an increased likelihood of structural changes at the company.
09/04/18
SBSH
09/04/18
UPGRADE
SBSH
Buy
ABB upgraded to Buy from Neutral at Citi
Citi analyst Martin Wilki upgraded ABB to Buy with a price target of 28 francs. The analyst is positive on the company's return to growth.
09/18/18
VERF
09/18/18
NO CHANGE
VERF
Latest tariffs incremenally negative for SolarEdge, Enphase, says Vertical Group
Vertical Group analyst Gordon Johnson said the latest round of tariffs being imposed by the U.S. on Chinese imports are an incremental negative for solar inverter companies with owned and/or outsourced manufacturing capacity in China, such as SolarEdge (SEDG) and Enphase Energy (ENPH). He also thinks the escalating U.S. trade war with China offers a competitive advantage to European-based manufacturers that have recently converted their technology, such as ABB (ABB). At the very least, inverter prices are set to increase at least 10% if distributors do not shift demand over to more traditional string-based suppliers, Johnson tells investors.
ACM Aecom
$32.85

0.06 (0.18%)

01/03/18
BARD
01/03/18
UPGRADE
Target $45
BARD
Outperform
Aecom upgraded to Outperform at Baird
As reported previously, Baird analyst Andrew Wittmann upgraded Aecom to Outperform from Neutral citing better fundamentals, strengthening end-markets, and a bottom in commodity investment. Wittmann raised his price target to $45 from $40 on Aecom shares.
08/15/18
ARGS
08/15/18
DOWNGRADE
ARGS
Hold
Aecom downgraded to Hold from Buy at Argus
02/07/18
DADA
02/07/18
NO CHANGE
Target $40
DADA
Neutral
Aecom price target raised to $40 from $37 at DA Davidson
DA Davidson analyst Brent Thielman raised his price target on Aecom to $40 after a Q1 earnings beat, citing the company's 8% organic revenue growth and 11% rise in backlog. Thielman believes that growth rates can track ahead of Aecom's 5-year targets in the next two quarters based on the burn rates and bookings, though some potential deceleration could happen from the gridlock in the federal government. The analyst keeps his Neutral rating on Aecom.
01/03/18
BARD
01/03/18
UPGRADE
BARD
Outperform
Aecom upgraded to Outperform from Neutral at Baird
AEGN Aegion
$24.51

-0.23 (-0.93%)

10/04/17
HDLY
10/04/17
UPGRADE
HDLY
Buy
Aegion upgraded to Buy from Neutral at Hilliard Lyons
Hilliard Lyons analyst Spencer Joyce upgraded Aegion to Buy with a $26 price target citing valuation.
10/03/17
10/03/17
DOWNGRADE
Target $25

Hold
Aegion downgraded to Hold at Craig-Hallum
As previously reported, Craig-Hallum analyst Eric Stine downgraded Aegion to a Hold from a Buy, with a $25 price target, on valuation following Q3 update and with restructuring a work in progress.
10/03/17
10/03/17
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. Aegion (AEGN) downgraded to Hold from Buy at Craig-Hallum with analyst Eric Stine citing valuation following the third quarter update and with restructuring a work in progress. 2. Urban Outfitters (URBN) downgraded to Sell from Hold at Deutsche Bank with analyst Tiffany Kanaga saying the valuation has "stretched to elevated levels." 3. Tile Shop (TTS) downgraded to Underperform from Market Perform at Telsey Advisory with analyst Joseph Feldman saying he is concerned the deceleration will continue for several quarters given weakness was attributed to increased competition that led to the company to increase promotions. 4. Lear (LEA) downgraded to Neutral from Buy at UBS with analyst Colin Langan saying the E-System spin upside seems already priced in following the recent share rally. 5. MGM Resorts (MGM) downgraded to Neutral from Positive at Susquehanna. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/21/17
HDLY
12/21/17
DOWNGRADE
HDLY
Neutral
Aegion downgraded to Neutral from Buy at Hilliard Lyons
Hilliard Lyons analyst Spencer Joyce downgraded Aegion to Neutral citing more balanced risk/reward near-term based on sentiment and valuation.
ARCAY Arcadis
$0.00

(0.00%)

BMI Badger Meter
$52.68

0.31 (0.59%)

06/15/18
ADAM
06/15/18
UPGRADE
ADAM
Hold
Badger Meter upgraded to Hold from Sell at Canaccord
02/27/18
02/27/18
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. Nutrisystem (NTRI) downgraded to Market Perform from Outperform at Barrington by analyst Matthew Gall following last night's Q4 results. The company's flattish guidance for 2018, compared to double-digit growth expectations on sales and earnings, will likely put a ceiling on the stock for the next couple of quarters, Galls said. 2018 may well prove to be a reset year for Nutrisystem, the analyst added. 2. Akcea Therapeutics (AKCA) downgraded to Market Perform from Outperform at Wells Fargo by analyst Jim Birchenough. With a new proposal to reduce volanesorsen dose to biweekly in lighter patients to mitigate risk of severe platelet reduction, the analyst sees increased regulatory risk on questions of adequacy of the lower dose in reducing triglycerides to key threshold levels and in reducing risk of pancreatitis. Shares were also downgraded to Market Perform from Outperform at Cowen and to Hold from Buy at Stifel. Stifel analyst Stephen Willey said that the FDA's upcoming Advisory Committee meeting on May 10 is a potential source of volatility he would prefer to watch from the sidelines. 3. Badger Meter (BMI) downgraded to Sell from Hold at Canaccord Genuity by analyst Chip Moore. With "lackluster" organic growth trends in the company's core utility water metering market and shares trading near all-time peak valuation ranges, the stock has downside risk, Moore said. He believes competitive pressures could be intensifying and that near-term margins are unlikely to move materially higher. 4. Carrizo Oil & Gas (CRZO) downgraded to Sector Weight from Overweight at KeyBanc by analyst Chris Stevens, who said the company in Q4 missed on oil production while capex was high. Further, Q1 production was guided "shockingly low," Stevens said. The Delaware appears a "more challenging place to operate" than expected and the Eagle Ford is "showing signs of fatigue," the analyst contended. Johnson Rice also downgraded shares to Accumulate from Buy. 5. Ingevity (NGVT) downgraded to Hold from Buy at Loop Capital by analyst Chris Kapsch, who cited a more balanced risk/reward at current share levels. The analyst still likes the fundamental story, and raised his price target for the shares to $83 from $80, but cited valuation for the downgrade. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage,
06/15/18
06/15/18
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. NV5 Global (NVEE) upgraded to Buy from Neutral at Sidoti. 2. Badger Meter (BMI) upgraded to Hold from Sell at Canaccord with analyst Chip Moore saying the company will continue to benefit from favorable demand for water/flow measurement and conservation technologies in the future, but he feels the current risk/reward is balanced. 3.Charles River (CRL) upgraded to Overweight from Sector Weight at KeyBanc with analyst Donald Hooker saying the stock is one of the best risk-reward stories in the biopharma outsourcing space heading into the second half of 2018. 4. Computer Task Group (CTG) upgraded to Outperform from Market Perform at Barrington with analyst Vincent Colicchio saying the valuation looks favorable following the recent pullback in the shares. 5. Spire (SR) upgraded to Outperform from Market Perform at Wells Fargo with analyst Sarah Akers saying the recent weakness in the shares provides an attractive entry point. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/15/18
ADAM
06/15/18
UPGRADE
Target $44
ADAM
Hold
Badger Meter upgraded to Hold with $44 price target at Canaccord
As reported previously, Canaccord analyst Chip Moore upgraded Badger Meter to Hold from Sell. The analyst said the company will continue to benefit from favorable demand for water/flow measurement and conservation technologies in the future, but he feels the current risk/reward is balanced. Moore raised his price target to $44 from $40 on Badger Meter shares.
CAT Caterpillar
$154.89

2.51 (1.65%)

09/20/18
09/20/18
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. Ralph Lauren (RL) upgraded to Neutral from Underweight at Piper Jaffray with analyst Erinn Murphy, who remains concerned about the sustainability of Ralph Lauren's sales group, saying earnings estimates are likely to continue to grind higher given the company's "sound" cost control and favorable margin mix shift. 2. Caterpillar (CAT) upgraded to Outperform from Neutral at Baird with analyst Mig Dobre saying he believes demand growth should continue into 2019. 3. Copart (CPRT) upgraded to Buy from Hold at Gabelli with analyst Matthew Paige saying he raised his valuation multiple to 15x EBITDA from 12x to reflect the premium he believes the stock deserves relative to KAR Auction Service (KAR) given its EBITDA margin advantage and his view that current market conditions better support the salvage auction business than wholesale. 4. Arcturus Therapeutics (ARCT) upgraded to Strong Buy from Buy at WBB Securities. 5. First BanCorp (FBP) upgraded to Buy from Neutral at BofA/Merrill. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/20/18
BMOC
09/20/18
NO CHANGE
Target $185
BMOC
Outperform
Meetings with Caterpillar management 'cat-agorically bullish', says BMO Capital
BMO Capital analyst Joel Tiss kept his Outperform rating and $185 price target on Caterpillar after meeting with its head of Resource Industries and representatives from Investor Relations this week, saying the discussions affirmed his view that the company's "cyclical peak concerns are overblown". Tiss notes that Caterpillar's end markets are not expected to top out for "several years", with mining and energy starting to show some traction from the bottom and power generation also showing signs of recovery. The analyst adds that the management looks ahead to a "significant opportunity in driving growth in its existing business" as it transitions from cost reductions to improved profitability.
09/20/18
09/20/18
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. BAIRD UPGRADES CATERPILLAR TO OUTPERFORM: Baird analyst Mig Dobre upgraded Caterpillar (CAT) to Outperform from Neutral. The analyst believes demand growth should continue into 2019. While some markets like China are close to peak, most of its demand is still at or below mid-cycle levels, said Dobre, who raised his price target to $191 from $155 on Caterpillar shares. Caterpiller is up 1.5% in late morning trading. PIPER CUTS STITCH FIX TO NEUTRAL: Piper Jaffray analyst Erinn Murphy downgraded Stitch Fix (SFIX) to Neutral while raising her price target for the shares to $43 from $29. The analyst cited valuation for the downgrade. With shares nearing $50, market expectations do not provide any margin of error, Murphy said. She believes the "smallest hint" of pressure could be a significant negative catalyst for the stock. Further, the analyst notes that Amazon's (AMZN) Prime Wardrobe is now advertising in key NFL slots and that the company is testing a personalized recommendation service for certain categories. In late morning trading, Stitch Fix is lower by over 13%. COWEN CUTS SKECHERS TO MARKET PERFORM: Cowen analyst John Kernan downgraded Skechers (SKX) to Market Perform from Outperform citing growing inventory levels, particularly as foreign exchange headwinds in key markets build. He also believes consensus forecasts for operating expansion are too optimistic. Kernan lowered his price target to $28 from $32 on Skechers shares, which are down 4.7% in late morning trading. JPMORGAN CUTS GE'S PRICE TARGET: JPMorgan analyst Stephen Tusa lowered his price target for General Electric (GE) to $10 from $11 and kept an Underweight rating on the shares. The impact on "asset value" from a failure at GE's U.S. H-frame launch customer, while tough to estimate, represents a negative development for a company that has little wiggle room for more "shoes to drop," Tusa said. MORGAN STANLEY POSITIVE ON APPLE IPHONE DUAL-SIM ADDITION: In EMEA and Asia, smartphones with dual-SIM capabilities have become the status quo, noted Morgan Stanley analyst Katy Huberty, who believes that Apple adding dual-SIM to the new iPhones is an underappreciated feature with the potential to drive upside to shipments in FY19. Huberty kept an Overweight rating and $247 price target on Apple shares.
09/21/18
OTRG
09/21/18
DOWNGRADE
OTRG
Mixed
Caterpillar downgraded to Mixed from Positive at OTR Global
FLOW SPX FLOW
$51.51

-0.48 (-0.92%)

09/18/18
BUCK
09/18/18
INITIATION
Target $60
BUCK
Buy
SPX FLOW initiated with a Buy at Buckingham
Buckingham analyst Robert Barry initiated SPX Flow with a Buy and $60 price target to reflect strong EBITDA growth of approximately 28%/16% in 2018/19, margin gains from lean initiatives, and focused investments on growth.
04/16/18
VERT
04/16/18
DOWNGRADE
VERT
Hold
SPX FLOW downgraded to Hold from Buy at Vertical Research
06/27/18
WOLF
06/27/18
INITIATION
Target $49
WOLF
Peer Perform
SPX FLOW initiated with a Peer Perform at Wolfe Research
Wolfe Research initiated SPX FLOW with a Peer Perform and price target of $49.
02/15/18
LEHM
02/15/18
INITIATION
Target $50
LEHM
Equal Weight
SPX FLOW initiated with an Equal Weight at Barclays
Barclays analyst Julian Mitchell started SPX FLOW with an Equal Weight rating and $50 price target. The analyst initiated 24 Multi-Industry companies with a Neutral sector view.
GDI Gardner Denver
$28.07

0.05 (0.18%)

08/20/18
MSCO
08/20/18
INITIATION
Target $30
MSCO
Equal Weight
Gardner Denver initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Joshua Pokrzywinski initiated Gardner Denver with an Equal Weight rating and a price target of $30.
09/06/18
STFL
09/06/18
NO CHANGE
STFL
Buy
Gardner Denver weakness driven by Weir Group comments, says Stifel
Stifel analyst Nathan Jones said he believes today's weakness in shares of Gardner Denver is being driven by competitor Weir Group's comments that oil and gas market conditions were in line with expectations through mid-August but that it saw initial signs of pricing pressure in the last two weeks of August. Weir also said it saw considerable softening in demand for OEM equipment and some delivery deferrals in the back half of August, noted Jones. He sees it as likely that Gardner Denver's upstream energy business, which makes up about 25% of revenue, will experience the same conditions that Weir is reporting, Jones tells investors. He has a Buy rating on Gardner Denver shares, which are down $1.81, or 6.7%, to $25.18 near 1 pm ET.
07/11/18
DBAB
07/11/18
DOWNGRADE
Target $32
DBAB
Hold
Gardner Denver resumed with a Hold from Buy at Deutsche Bank
Deutsche Bank resumed coverage of Gardner Denver with a Hold rating and $32 price target. When the firm suspended coverage on the name in March, it had a Buy rating on the shares with a $36 price target.
09/21/18
SBSH
09/21/18
NO CHANGE
SBSH
Buy
Gardner Denver initiatives continue to be underappreciated, says Citi
Citi analyst Andrew Kaplowitz expects Gardner Denver to remain a "battleground stock" for the next few months given ongoing concerns regarding Permian takeaway capacity. However, the analyst thinks Gardner's Upstream Energy business "should remain resilient," and after visiting the company's Permian facilities, he continues to believe its own efforts to increase share across its businesses "should continue to bear fruit." Gardner Denver's own initiatives continue to be underappreciated and should help to offset increased volatility in its upstream Energy business, Kaplowitz tells investors in a research note. The analyst keeps a Buy rating on the shares.
TDY Teledyne
$242.76

-3.03 (-1.23%)

08/06/18
NEED
08/06/18
NO CHANGE
Target $240
NEED
Buy
Teledyne price target raised to $240 from $210 at Needham
Needham analyst James Ricchiuti raised his price target on Teradyne to $240 and kept his Buy rating after the company showed "strong growth" in its "beat-and-raise" Q2 results. Ricchiuti states that Teradyne is "firing on all cylinders" as its Instrumentation and Digital Imaging segments grew by about 12%, while its Aerospace & Defense unit registered the strongest bookings momentum and pushed the overall book-to-bill ratio above parity. The analyst notes that growth could decelerate in the second half, but fundamentals remain strong across Teradyne's broad portfolio.
01/24/18
NEED
01/24/18
NO CHANGE
Target $205
NEED
Buy
Teledyne price target raised to $205 from $190 at Needham
Needham analyst James Ricchiuti raised his price target on Teledyne to $205 and kept his Buy rating after the company's presentation at the 20th Annual Needham Growth Conference. Ricchiuti says he is now more confident about potential upside for 2018 and continued benefits from "solid organic growth" across the company's diverse business portfolio. The analyst believes that Instrumentation and Defense are poised for another good year, while Digital Imaging demand remains solid.
XYL Xylem
$80.41

-0.24 (-0.30%)

09/05/18
RAJA
09/05/18
INITIATION
Target $90
RAJA
Outperform
Xylem initiated with an Outperform at Raymond James
Raymond James analyst Pavel Molchanov initiated Xylem with an Outperform and $90 price target saying it is a standout blue chip in the water tech space, with large scale, and most diversified revenue mix.
11/01/17
OPCO
11/01/17
NO CHANGE
Target $75
OPCO
Outperform
Xylem price target raised to $75 from $66 at Oppenheimer
Oppenheimer analyst Jim Giannakouros raised his price target for Xylem to $75 from $66 following quarterly results. The analyst reiterates an Outperform rating on the shares.
11/27/17
STFL
11/27/17
INITIATION
STFL
Hold
Evoqua Water initiated with a Hold at Stifel
Stifel analyst Nathan Jones started Evoqua Water (AQUA) with a Hold rating and $23 price target. The analyst gives a "slight edge" to nearest peer Xylem (XYL) and believes both stocks should trade around the same valuation evel.
02/02/18
OPCO
02/02/18
NO CHANGE
Target $82
OPCO
Outperform
Xylem price target raised to $82 from $75 at Oppenheimer
Oppenheimer analyst Jim Giannakouros raised his price target for Xylem to $82 following the company's Q4 results. Xylem's "robust" order momentum evidences an attractive demand backdrop and mid-single-digit core growth for the "foreseeable future," Giannakouros tells investors in a research note. The analyst expects shares to sustain momentum and keeps an Outperform rating on the name.
WTS Watts Water
$80.71

-0.62 (-0.76%)

02/14/18
02/14/18
UPGRADE
Target $83

Buy
Watts Water upgraded to Buy on lower taxes, higher multiple at Janney Capital
As previously reported, Janney Capital analyst Michael Gaugler upgraded Watts Water to Buy from Neutral after he raised his 2018 and 2019 estimates based on lowered income tax assumptions and raised his P/E multiple for the stock to 21x from 20x. Gaugler increased his fair value estimate on Watts shares to $83 from $69.
02/14/18
JANY
02/14/18
UPGRADE
JANY
Buy
Watts Water upgraded to Buy from Neutral at Janney Capital
03/21/18
BOSC
03/21/18
DOWNGRADE
BOSC
Neutral
Watts Water downgraded to Neutral from Outperform at Boenning & Scattergood
Boenning & Scattergood downgraded Watts Water to Neutral from Outperform citing valuation.
PX Praxair
$169.07

0.23 (0.14%)

05/30/18
JPMS
05/30/18
UPGRADE
JPMS
Overweight
Linde upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Alberto Rueda upgraded Linde (LNEGY) to Overweight and raised his price target for the shares to EUR 217 from EUR 212. The analyst has increased confidence in "substantial" upside from the proposed merger with Praxair (PX).
09/24/18
BERN
09/24/18
INITIATION
Target $132
BERN
Underperform
Praxair initiated with an Underperform at Bernstein
Bernstein analyst Jonas Oxgaard started Praxair with an Underperform rating and $132 price target.
03/27/18
BMOC
03/27/18
INITIATION
Target $159
BMOC
Market Perform
Praxair initiated with a Market Perform at BMO Capital
BMO Capital analyst John McNulty started Praxair with a Market Perform rating and $159 price target.
08/06/18
JEFF
08/06/18
NO CHANGE
Target $194
JEFF
Buy
Jefferies still sees over 85% chance of Linde, Praxair merger
Jefferies analyst Laurence Alexander believes additional concerns from the Federal Trade Commission will precipitate additional asset sales at "relatively low multiples" in order to close merger between Linde (LNEGY) and Praxair (PX). The analyst estimates a 35c earnings per share buffer for Praxair on 2020 estimates before "defending a near-term value dilutive deal becomes an issue." Pending more detail, Alexander pegs the deal probability at greater than 85%. In the event of the deal failing, the analyst would expect Praxair management to "immediately announce a plan to ratchet up buybacks." He keeps a Buy rating on Praxair with a $194 price target.
OC Owens Corning
$53.85

0.26 (0.49%)

10/02/18
GSCO
10/02/18
INITIATION
Target $75
GSCO
Buy
Owens Corning initiated with a Buy at Goldman Sachs
Goldman Sachs analyst Doug Clark started Owens Corning with a Buy rating and $75 price target. The analyst rolled out coverage on the Building Products sector with Neutral rating.
09/24/18
LBOW
09/24/18
NO CHANGE
LBOW
Roofing estimates lowered after survey at Longbow
Longbow analyst Garik Shmois lower his roofing estimates stating that his survey work points to a deceleration in volume in September, due in part to weather. However, he added that roofing prices are largely stable to slightly up quarter over quarter in Q3. The analyst, who said he favors distributors like Beacon Roofing (BECN) right now since another move up in asphalt could be tough for OEMs to recover, keeps Buy ratings on Beacon and Owens Corning (OC) and a Neutral rating on Carlisle (CSL).
08/29/18
NOMU
08/29/18
NO CHANGE
Target $88
NOMU
Buy
Owens Corning guidance reiteration would be catalyst, says Nomura Instinet
After meeting with Owens Corning, Nomura Instinet analyst Michael Wood believes concerns over roofing pricing are overblown. Owens implemented its fourth roofing price increase in early August of 4%-6%, Wood tells investors in a research note. He believes a guidance reiteration would serve as a catalyst for shares of Owens Corning and keeps a Buy rating on the name with an $88 price target.
10/02/18
GSCO
10/02/18
INITIATION
Target $54
GSCO
Buy
Owens Corning initiated with a Buy at Goldman Sachs
Goldman Sachs analyst Doug Clark initiated Owens Corning with a Buy and $54 price target. Clark believes Owens is best positioned for a rebound from raw material headwinds given pricing upside in its Insulation and Roofing business and expects a 280bps margin recovery from pricing in 2H 2018 versus 1H 2018.
NOV National Oilwell
$44.40

0.42 (0.95%)

10/02/18
JRCO
10/02/18
UPGRADE
JRCO
Buy
National Oilwell upgraded to Buy from Hold at Johnson Rice
09/10/18
STFL
09/10/18
INITIATION
Target $54
STFL
Buy
National Oilwell initiated with a Buy at Stifel
Stifel analyst Stephen Gengaro initiated National Oilwell with a Buy rating and a price target of $54. The analyst cites the company's "diverse product lines coupled with efforts to streamline operations and improve manufacturing efficiency" that should yield "solid multi-year revenue growth and strong incremental margins over the next several years".
09/04/18
EDJN
09/04/18
DOWNGRADE
EDJN
Hold
National Oilwell downgraded to Hold from Buy at Edward Jones (yesterday)
09/18/18
MSCO
09/18/18
INITIATION
Target $50
MSCO
Equal Weight
National Oilwell initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Connor Lynagh initiated National Oilwell with an Equal Weight rating and a price target of $50 as part of his broader research note on Oil Services Drilling/Equipment industry. The analyst says the company's valuation is "among the richest" in its subgroup, reflecting "its strong franchise and position early in its revenue cycle" with a balanced risk-reward.
TMO Thermo Fisher
$247.80

-0.76 (-0.31%)

07/26/18
JPMS
07/26/18
NO CHANGE
Target $300
JPMS
Overweight
Thermo Fisher price target raised to $300 from $250 at JPMorgan
JPMorgan analyst Tycho Peterson raised his price target for Thermo Fisher to $300 saying the company yesterday reported "yet another strong quarter, delivering beats on both the top and bottom lines." The analyst continues to like the setup for the stock with "healthy end markets, updated guidance still leaving room for beat-and-raises throughout the year, and a clear path to organic revenue acceleration in 2019 and beyond." He reiterates an Overweight rating on Thermo Fisher.
09/24/18
LEHM
09/24/18
NO CHANGE
Target $275
LEHM
Overweight
Thermo Fisher price target raised to $275 from $250 at Barclays
Barclays analyst Jack Meehan raised his price target for Thermo Fisher Scientific to $275 after hosting meetings with the company's management across Europe. The analyst says he believes, more so than ever, that Thermo Fisher's customer value proposition is resonating in the market. Further, following a period of major consolidation, Thermo's portfolio is tilting toward a faster growth trajectory, Meehan tells investors in a research note. He keeps an Overweight rating on the name.
07/26/18
LEER
07/26/18
NO CHANGE
Target $255
LEER
Outperform
Thermo Fisher price target raised to $255 from $239 at Leerink
Leerink analyst Puneet Souda raised his price target for Thermo Fisher to $255 from $239 as an "impressive" quarter sets stage for higher growth profile ahead. The analyst reiterates an Outperform rating on the shares.
09/17/18
GSCO
09/17/18
DOWNGRADE
GSCO
Neutral
Thermo Fisher downgraded to Neutral from Conviction Buy at Goldman Sachs
Goldman Sachs analyst Patrick Donnelly downgraded Thermo Fisher (TMO) to Neutral from Conviction Buy with an unchanged price target of $250. The analyst coupled the downgrade with an upgrade of Agilent Technologies (A) to Conviction Buy from Buy. The analyst believes his thesis on Thermo Fisher, centering around deal-driven accelerating growth and margin expansion, is more appropriately reflected in the current valuation. Further, the company faces a difficult set of comps starting in Q4 of this year, Donnelly tells investors in a research note. The analyst remains positive on Thermo Fisher's fundamentals, but prefers the set-up for Agilent at current valuation levels.
TEL TE Connectivity
$86.91

0.095 (0.11%)

09/17/18
WELS
09/17/18
NO CHANGE
WELS
Outperform
TE Connectivity sale of SubCom unit removes an overhang, says Wells Fargo
After TE Connectivity announced an agreement to sell its Subsea Communications business for $325M in cash to Cerberus Capital, Wells Fargo analyst Deepa Raghavan said the sale should help remove a major overhang on the stock despite the fact that the analyst thinks the sale- price to revenues multiple appears low. The "highly tax efficient" proceeds will be used to buy back shares and the portfolio will be less cyclical with a stronger margin profile, said Raghavan, who keeps an Outperform rating on TE Connectivity shares.
09/17/18
09/17/18
DOWNGRADE
Target $47

Underweight
Sensata downgraded to Underweight on rising cyclical risks at Morgan Stanley
As previously reported, Morgan Stanley analyst Craig Hettenbach downgraded Sensata (ST) to Underweight from Equal Weight as he thinks a recent slowing across its end markets, particularly autos, which make up 60% of sales, increase the risk of a miss in Q4. He notes that the stock has held up much better in the last few weeks than other semi companies - such as Texas Instruments (TXN), ON Semiconductor (ON) and Cypress Semiconductor (CY) - facing similar risks, which leads Hettenbach to think Sensata is more susceptible to any disappointment. While the key driver of his downgrade is cyclical concerns, the analyst also noted that he is keeping an eye on the increased traction that TE Connectivity (TEL) and Amphenol (APH) are seeing in sensors. Hettenbach lowered his price target on Sensata shares to $47 from $55.
10/01/18
BARD
10/01/18
DOWNGRADE
BARD
Neutral
TE Connectivity downgraded to Neutral from Outperform at Baird
10/01/18
BARD
10/01/18
DOWNGRADE
BARD
Neutral
Autoliv, TE Connectivity, Methode Electronics downgraded to Neutral at Baird
Baird analyst David Leiker downgraded Autoliv (ALV), Methode Electronics (MEI) and TE Connectivity (TEL) to Neutral from Outperform and lowered his respective price targets to $90 from $120, $39 from $47 and $93 from $105, telling investors in a research note that risk/reward is seen in balance. In a research note on the global automotive sector to investors, Leiker says that while the magnitude of BMW's (BMWYY) recent update equals other adjustments already made, stocks are reacting poorly and current downtrend suggests valuation disconnect will likely persist until greater clarify on 2019 is offered. Top names remain Aptiv (APTV), Lear (LEA) and Visteon (VC), while BorgWarner (BWA), Delphi (DLPH) and Littelfuse (LFUS) remain Outperform-rated.

TODAY'S FREE FLY STORIES

CBL

CBL & Associates

$3.52

0.085 (2.48%)

, SHLD

Sears

$0.40

0.09 (29.03%)

18:33
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10/16
18:33
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18:33
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CBL Properties updates on redevelopment plan for Sears stores »

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CBL

CBL & Associates

$3.52

0.085 (2.48%)

SHLD

Sears

$0.40

0.09 (29.03%)

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VZ

Verizon

$53.68

0.08 (0.15%)

18:26
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Verizon says Bay, Gulf counties customers to be credited 3 months of service »

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BMO

Bank of Montreal

$80.19

0.93 (1.17%)

18:09
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18:09
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Bank of Montreal names Wolford investment banking vice chair, Reuters says »

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SFTBF

SoftBank

$0.00

(0.00%)

18:02
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SoftBank COO says 'anxiously' looking at Saudi Arabia situation, Reuters says »

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  • 16

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IBM

IBM

$145.02

3.9 (2.76%)

18:01
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IBM sees growth in cloud overall »

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CELC

Celcuity

$26.90

0.4 (1.51%)

, PBYI

Puma Biotechnology

$42.22

1.17 (2.85%)

17:57
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10/16
17:57
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17:57
Hot Stocks
Celcuity, Puma Biotechnology and West Cancer Center to conduct Phase 2 trial »

Celcuity (CELC) announced…

CELC

Celcuity

$26.90

0.4 (1.51%)

PBYI

Puma Biotechnology

$42.22

1.17 (2.85%)

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  • 19

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DVN

Devon Energy

$37.08

0.98 (2.71%)

17:51
10/16/18
10/16
17:51
10/16/18
17:51
Recommendations
Devon Energy analyst commentary  »

Devon Energy price target…

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VIA

Viacom

$36.07

1.11 (3.18%)

, VIAB

Viacom

$32.83

1.05 (3.30%)

17:51
10/16/18
10/16
17:51
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17:51
Periodicals
Viacom launches Nickelodeon Chinese Animation Development Project, Variety says »

According to Variety,…

VIA

Viacom

$36.07

1.11 (3.18%)

VIAB

Viacom

$32.83

1.05 (3.30%)

IQ

iQIYI

$25.91

-0.19 (-0.73%)

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  • 16

    Oct

BHP

BHP Billiton

$48.48

0.38 (0.79%)

17:38
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10/16
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17:38
Hot Stocks
BHP Billiton reports Q1 iron ore output 61.4M tons, up 10% from last year »

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UBER

Uber

$0.00

(0.00%)

17:37
10/16/18
10/16
17:37
10/16/18
17:37
Periodicals
Uber increases junk-bond offering to $2B, Bloomberg says »

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IBM

IBM

$145.02

3.9 (2.76%)

17:32
10/16/18
10/16
17:32
10/16/18
17:32
Hot Stocks
IBM says growth was led by hybrid cloud, analytics and AI, digital and security »

Says remains on track…

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  • 16

    Oct

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NDAQ

Nasdaq

$81.93

1.91 (2.39%)

, ICE

IntercontinentalExchange

$74.95

2.18 (3.00%)

17:31
10/16/18
10/16
17:31
10/16/18
17:31
Hot Stocks
SEC confirms ruling that Nasdaq, NYSE didn't justify rate increases »

Securities and Exchange…

NDAQ

Nasdaq

$81.93

1.91 (2.39%)

ICE

IntercontinentalExchange

$74.95

2.18 (3.00%)

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  • 24

    Oct

IAU

iShares Gold Trust

$11.74

-0.005 (-0.04%)

17:28
10/16/18
10/16
17:28
10/16/18
17:28
Syndicate
Breaking Syndicate news story on iShares Gold Trust »

iShares Gold Trust files…

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VICR

Vicor Corporation

$38.35

1.42 (3.85%)

17:26
10/16/18
10/16
17:26
10/16/18
17:26
Earnings
Vicor Corporation reports Q3 EPS 32c vs. 0c in Q317 »

Revenues for the third…

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  • 18

    Oct

17:25
10/16/18
10/16
17:25
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17:25
Conference/Events
Stephens restaurants analyst to hold a dinner meeting »

Restaurants Analyst…

VTVT

vTv Therapeutics

$2.88

-0.08 (-2.70%)

17:22
10/16/18
10/16
17:22
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17:22
Hot Stocks
vTv Therapeutics jumps 22% after announcing presentations for CTAD conference »

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HCSG

Healthcare Services

$40.69

1.07 (2.70%)

17:19
10/16/18
10/16
17:19
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17:19
Earnings
Healthcare Services reports Q3 EPS 35c, consensus 37c »

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GD

General Dynamics

$194.75

2.06 (1.07%)

17:19
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10/16
17:19
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17:19
Hot Stocks
General Dynamics awarded $136.75M Navy procurement contract »

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  • 24

    Oct

BA

Boeing

$368.10

9.29 (2.59%)

17:13
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10/16
17:13
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17:13
Hot Stocks
Boeing awarded $137M Navy contract modification for maintenance »

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  • 16

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ROKU

Roku

$63.67

1.97 (3.19%)

17:11
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17:11
Hot Stocks
Roku to resume sales of its devices in Mexico »

Roku announced that the…

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  • 13

    Nov

TSLA

Tesla

$276.46

16.88 (6.50%)

, GM

General Motors

$32.34

0.23 (0.72%)

17:11
10/16/18
10/16
17:11
10/16/18
17:11
Periodicals
U.S. Senate bill may give EV makers tax credit boost, Reuters says »

Tesla (TSLA) and General…

TSLA

Tesla

$276.46

16.88 (6.50%)

GM

General Motors

$32.34

0.23 (0.72%)

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  • 29

    Oct

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  • 13

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    Dec

BFIN

BankFinancial

$14.44

-0.06 (-0.41%)

17:07
10/16/18
10/16
17:07
10/16/18
17:07
Hot Stocks
BankFinancial expands share repurchase program by 180K shares »

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SBH

Sally Beauty

$18.91

0.42 (2.27%)

17:03
10/16/18
10/16
17:03
10/16/18
17:03
Hot Stocks
Sally Beauty says Q4 Sally Beauty segment SSS improved to flat »

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TGT

Target

$85.81

1.22 (1.44%)

17:03
10/16/18
10/16
17:03
10/16/18
17:03
Hot Stocks
Target updates toy experience for the holidays »

Target unveiled its plans…

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  • 28

    Oct

  • 03

    Mar

HWC

Hancock Whitney

$44.47

0.02 (0.04%)

17:03
10/16/18
10/16
17:03
10/16/18
17:03
Earnings
Hancock Whitney reports Q3 EPS 96c with items, consensus 83c »

Reports Q3 total…

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  • 17

    Oct

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