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PEIX

Pacific Ethanol

$1.89

-0.03 (-1.56%)

, GPRE

Green Plains

$17.62

0.12 (0.69%)

16:15
10/07/18
10/07
16:15
10/07/18
16:15

Trump to announce pro-ethanol measure on Tuesday, Reuters says

President Trump is expected to announce the lifting of a federal ban on summer sales of higher-ethanol blends of gasoline on Tuesday ahead of a trip to Iowa the same day, according to Reuters, citing two sources familiar with the matter. The lifting of the summer ban on so-called E15 gasoline is expected to be coupled with restrictions on trading biofuel credits that underpin the program, sources said. Publicly traded companies in the space include Pacific Ethanol (PEIX) and Green Plains (GPRE). Reference Link

PEIX

Pacific Ethanol

$1.89

-0.03 (-1.56%)

GPRE

Green Plains

$17.62

0.12 (0.69%)

PEIX Pacific Ethanol
$1.89

-0.03 (-1.56%)

10/20/17
CHLM
10/20/17
NO CHANGE
CHLM
EPA commitment removes Pacific Ethanol, Green Plains overhang, says Craig-Hallum
Craig-Hallum analyst Eric Stine noted reports that EPA Commissioner Scott Pruitt has sent a letter to seven senators expressing his support for the Renewable Fuel Standard, which he sees supporting his belief that regulatory concerns are overblown. The analyst added that this news w removes a "sizable uncertainty for the industry" and an overhang for Pacific Ethanol (PEIX) and Green Plains (GPRE).
11/28/17
RILY
11/28/17
INITIATION
Target $7
RILY
Buy
Pacific Ethanol initiated with a Buy at B. Riley FBR
B. Riley FBR analyst Carter Driscoll started Pacific Ethanol with a Buy rating and $7 price target citing operational improvements and "healthier" industry dynamics.
10/03/18
CHLM
10/03/18
NO CHANGE
CHLM
Buy
Trump's potential waiver for year-round sale of E15 positive for industry, says Craig-Hallum
Commenting on indications that President Trump will ask the EPA next week to grant a waiver for the year-round sale of E15, Craig-Hallum analyst Eric Stine says he believes the chances are high that this will happen given the importance of the farm vote to midterm elections and Trump's re-election prospects. The analyst believes this would be a strong positive for the industry and would positively impact industry demand in 2019. Stine reiterates a Buy rating on Pacific Ethanol (PEIX) and Green Plains (GPRE) shares.
GPRE Green Plains
$17.62

0.12 (0.69%)

06/28/18
06/28/18
DOWNGRADE
Target $20

Equal Weight
Green Plains downgraded to Equal Weight with $20 price target at Stephens
As previously reported, Stephens analyst Farha Aslam downgraded Green Plains to Equal Weight from Overweight, stating that its restructuring plan is a long-term positive, but in the near-term the Company may be "forced to cut muscle." Also, Aslam believes the 18% rally over the last 6 months prices in much of the potential from Chinese purchases of U.S. ethanol, she tells investors. The analyst lowered her price target on Green Plains shares to $20 from $32.
06/28/18
06/28/18
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. AeroVironment (AVAV) downgraded to Hold from Buy at Stifel with analyst Joseph DeNardi citing valuation, but he continues to maintain a positive bias on the stock. 2. Beacon Roofing (BECN) downgraded to Sector Perform from Outperform at RBC Capital with analyst Michael Eisen saying he sees a threat to consensus estimates based on the higher oil price and freight costs amid declining industry demand. 3. Green Plains (GPRE) downgraded to Equal Weight from Overweight at Stephens with analyst Farha Aslam stating that its restructuring plan is a long-term positive, but in the near-term the company may be "forced to cut muscle." 4. Mattel (MAT) downgraded to Underperform from Neutral at DA Davidson with analyst Linda Bolton Weiser noting that the stock price has risen 29% from its April low even though the company's fundamentals have not improved. 5. Aquinox (AQXP) downgraded to Hold from Buy at Needham with analyst Alan Carr noting that the company's Phase 3 trial of rosiptor in Interstitial Cyrstitis failed to demonstrate efficacy, with no evidence of activity at any point or within any subset of patient subset. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here
07/31/18
ROTH
07/31/18
NO CHANGE
Target $25
ROTH
Buy
Roth Capital sees selloff in Green Plains as overdone
Roth Capital analyst Craig Irwin sees the selloff in Green Plains as overdone, as ethanol has the clear support of President Trump, and positive policy changes are likely to materialize at some point this year. Short-term volatility with corn prices pressured on trade tensions with China likely benefits Ethanol profits in 2H18, he adds. The analyst reiterates a Buy rating and $25 price target on the shares.

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SIBN

SI-BONE

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AMX

America Movil, also tag AMOV

$15.77

0.38 (2.47%)

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America Movil, also tag AMX

$15.03

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$15.03

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ABT

Abbott

$70.94

2.22 (3.23%)

, USB

U.S. Bancorp

$50.97

0.44 (0.87%)

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ABT

Abbott

$70.94

2.22 (3.23%)

USB

U.S. Bancorp

$50.97

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ADTN

Adtran

$18.15

1.08 (6.33%)

20:24
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Adtran reports Q3 adjusted EPS 21c, consensus 4c »

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WAFD

Washington Federal

$29.75

0.45 (1.54%)

20:02
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Earnings
Washington Federal reports Q4 EPS 62c, consensus 62c »

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  • 07

    Nov

UNH

UnitedHealth

$272.24

12.44 (4.79%)

19:30
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  • 16

    Oct

CDAY

Ceridian

$38.44

1.38 (3.72%)

19:25
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Conference/Events
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  • 16

    Oct

HMC

Honda

$27.70

0.65 (2.40%)

19:07
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Periodicals
Honda Aircraft sees higher light jet deliveries next year, Reuters says »

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  • 24

    Oct

VALE

Vale

$15.50

0.045 (0.29%)

18:59
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Vale plans to use cash flow cautiously going forward, Reuters says »

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VICR

Vicor Corporation

$38.35

1.42 (3.85%)

, NFLX

Netflix

$346.40

13.29 (3.99%)

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Fly Intel: After Hours Movers »

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VICR

Vicor Corporation

$38.35

1.42 (3.85%)

NFLX

Netflix

$346.40

13.29 (3.99%)

LRCX

Lam Research

$145.33

2.72 (1.91%)

AMAT

Applied Materials

$34.76

1.33 (3.98%)

UAL

United Continental

$83.51

2.17 (2.67%)

FULT

Fulton Financial

$16.39

0.29 (1.80%)

CSX

CSX

$72.15

1.29 (1.82%)

CREE

Cree

$37.56

2.53 (7.22%)

ROKU

Roku

$63.67

1.97 (3.19%)

IBM

IBM

$145.02

3.9 (2.76%)

UFPI

Universal Forest

$34.08

1.27 (3.87%)

SONC

Sonic

$43.27

-0.03 (-0.07%)

EIGR

Eiger BioPharmaceuticals

$10.88

0.63 (6.15%)

SBH

Sally Beauty

$18.91

0.42 (2.27%)

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NFLX

Netflix

$346.40

13.29 (3.99%)

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  • 16

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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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CBL & Associates

$3.52

0.085 (2.48%)

SHLD

Sears

$0.40

0.09 (29.03%)

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  • 30

    Oct

VZ

Verizon

$53.68

0.08 (0.15%)

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

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  • 12

    Nov

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BMO

Bank of Montreal

$80.19

0.93 (1.17%)

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

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  • 24

    Oct

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SFTBF

SoftBank

$0.00

(0.00%)

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

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  • 16

    Oct

IBM

IBM

$145.02

3.9 (2.76%)

18:01
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IBM sees growth in cloud overall »

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  • 16

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CELC

Celcuity

$26.90

0.4 (1.51%)

, PBYI

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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
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VIA

Viacom

$36.07

1.11 (3.18%)

, VIAB

Viacom

$32.83

1.05 (3.30%)

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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%)

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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
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Hot Stocks
IBM says growth was led by hybrid cloud, analytics and AI, digital and security »

Says remains on track…

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