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WCC

Wesco

$52.40

0.29 (0.56%)

11:26
10/12/18
10/12
11:26
10/12/18
11:26

Wesco upgraded to Buy from Hold at Standpoint Research

  • 01

    Nov

WCC Wesco
$52.40

0.29 (0.56%)

06/27/18
KEYB
06/27/18
DOWNGRADE
KEYB
Sector Weight
Wesco downgraded to Sector Weight from Overweight at KeyBanc
06/27/18
WOLF
06/27/18
INITIATION
Target $69
WOLF
Peer Perform
Wesco initiated with a Peer Perform at Wolfe Research
Wolfe Research initiated Wesco with a Peer Perform and price target of $69.
06/27/18
06/27/18
DOWNGRADE

Sector Weight
Wesco downgraded to Sector Weight at KeyBanc
As previously reported, KeyBanc analyst Steve Barger downgraded Wesco to Sector Weight from Overweight, saying its recent inability to translate increasing sales to incremental margin is reflective of the more competitive electrical distribution market it serves. While results can improve with continued volume growth, the analyst thinks Wesco's historically weaker operating leverage and the potential for mix headwinds make the lower end of 2018 EBIT margin guidance of 4.2%-4.6% more likely than the high end.
06/27/18
06/27/18
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. Molina Healthcare (MOH) downgraded to Neutral from Overweight at JPMorgan with analyst Gary Taylor saying he sees a high probability that Molina will retain its $2.2B 2020 Texas Medicaid contracts, but he does not like the downside risk heading into that Q3 re-procurement announcement. 2. Bio-Techne (TECH) downgraded to Hold from Buy at Deutsche Bank with analyst Dan Leonard stating that he increasingly questions the durability of its organic sales growth. 3. Horizon Pharma (HZNP) downgraded to Neutral from Buy at Citi with analyst Liav Abraham saying he sees limited upside to valuation at current levels following the recent upward inflection in the share price. 4. NuVasive (NUVA) downgraded to Underperform from Neutral at BofA/Merrill with analyst Bob Hopkins stating that he is skeptical NuVasive can consistently drive high single digit revenue growth due to robotics momentum in the marketplace and lack of a differentiated product. 5. Wesco (WCC) downgraded to Sector Weight from Overweight at KeyBanc with analyst Steve Barger saying its recent inability to translate increasing sales to incremental margin is reflective of the more competitive electrical distribution market it serves. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

03:00
10/17/18
10/17
03:00
10/17/18
03:00
General news
FX Action: USD-CAD has recouped to around 1.2950 »

FX Action: USD-CAD has…

02:15
10/17/18
10/17
02:15
10/17/18
02:15
General news
FX Update: The Dollar majors continue to lack direction »

FX Update: The Dollar…

01:40
10/17/18
10/17
01:40
10/17/18
01:40
General news
FX Action: USD-JPY posted a three-session high »

FX Action: USD-JPY posted…

SIBN

SI-BONE

$0.00

(0.00%)

20:54
10/16/18
10/16
20:54
10/16/18
20:54
Syndicate
SI-BONE 7.2M share IPO priced at $15.00 »

The deal size was…

03/08/13
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  • 17

    Oct

AMX

America Movil, also tag AMOV

$15.77

0.38 (2.47%)

, AMOV

America Movil, also tag AMX

$15.03

(0.00%)

20:44
10/16/18
10/16
20:44
10/16/18
20:44
Earnings
America Movil reports Q3 net income MXN18.96B vs. MXN2.52B last year »

Reports Q3 revenue…

AMX

America Movil, also tag AMOV

$15.77

0.38 (2.47%)

AMOV

America Movil, also tag AMX

$15.03

(0.00%)

03/08/13
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ABT

Abbott

$70.94

2.22 (3.23%)

, USB

U.S. Bancorp

$50.97

0.44 (0.87%)

20:25
10/16/18
10/16
20:25
10/16/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

ABT

Abbott

$70.94

2.22 (3.23%)

USB

U.S. Bancorp

$50.97

0.44 (0.87%)

03/08/13
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03/06/13
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03/06/13
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  • 17

    Oct

  • 17

    Oct

ADTN

Adtran

$18.15

1.08 (6.33%)

20:24
10/16/18
10/16
20:24
10/16/18
20:24
Earnings
Adtran reports Q3 adjusted EPS 21c, consensus 4c »

Reports Q3 revenue…

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  • 17

    Oct

WAFD

Washington Federal

$29.75

0.45 (1.54%)

20:02
10/16/18
10/16
20:02
10/16/18
20:02
Earnings
Washington Federal reports Q4 EPS 62c, consensus 62c »

Reports Q4 NII $124.8M…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 07

    Nov

UNH

UnitedHealth

$272.24

12.44 (4.79%)

19:30
10/16/18
10/16
19:30
10/16/18
19:30
Recommendations
UnitedHealth analyst commentary at Piper Jaffray »

UnitedHealth price target…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 16

    Oct

CDAY

Ceridian

$38.44

1.38 (3.72%)

19:25
10/16/18
10/16
19:25
10/16/18
19:25
Conference/Events
Ceridian to hold a conference »

INSIGHTS 2018 will be…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 16

    Oct

HMC

Honda

$27.70

0.65 (2.40%)

19:07
10/16/18
10/16
19:07
10/16/18
19:07
Periodicals
Honda Aircraft sees higher light jet deliveries next year, Reuters says »

Honda Aircraft co-CEO…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 24

    Oct

VALE

Vale

$15.50

0.045 (0.29%)

18:59
10/16/18
10/16
18:59
10/16/18
18:59
Periodicals
Vale plans to use cash flow cautiously going forward, Reuters says »

Vale said it intends to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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VICR

Vicor Corporation

$38.35

1.42 (3.85%)

, NFLX

Netflix

$346.40

13.29 (3.99%)

18:55
10/16/18
10/16
18:55
10/16/18
18:55
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Vicor…

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%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 16

    Oct

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    Oct

  • 16

    Oct

  • 16

    Oct

  • 16

    Oct

  • 17

    Oct

  • 17

    Oct

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    Oct

  • 17

    Oct

  • 18

    Oct

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    Oct

  • 22

    Oct

  • 06

    Nov

  • 13

    Nov

  • 27

    Nov

  • 12

    Dec

  • 13

    Dec

  • 03

    Mar

NFLX

Netflix

$346.40

13.29 (3.99%)

18:38
10/16/18
10/16
18:38
10/16/18
18:38
Hot Stocks
Netflix says it has a 'long, long runway' in India »

Chief Product Officer…

03/08/13
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03/08/13
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03/06/13
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  • 16

    Oct

  • 13

    Nov

CBL

CBL & Associates

$3.52

0.085 (2.48%)

, SHLD

Sears

$0.40

0.09 (29.03%)

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

CBL Properties (CBL)…

CBL

CBL & Associates

$3.52

0.085 (2.48%)

SHLD

Sears

$0.40

0.09 (29.03%)

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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  • 30

    Oct

VZ

Verizon

$53.68

0.08 (0.15%)

18:26
10/16/18
10/16
18:26
10/16/18
18:26
Hot Stocks
Verizon says Bay, Gulf counties customers to be credited 3 months of service »

Verizon said that it is…

03/08/13
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03/06/13
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03/06/13
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  • 12

    Nov

  • 13

    Nov

BMO

Bank of Montreal

$80.19

0.93 (1.17%)

18:09
10/16/18
10/16
18:09
10/16/18
18:09
Periodicals
Bank of Montreal names Wolford investment banking vice chair, Reuters says »

Bank of Montreal has…

03/08/13
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  • 24

    Oct

  • 24

    Oct

SFTBF

SoftBank

$0.00

(0.00%)

18:02
10/16/18
10/16
18:02
10/16/18
18:02
Periodicals
SoftBank COO says 'anxiously' looking at Saudi Arabia situation, Reuters says »

SoftBank COO Marcelo…

03/08/13
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  • 16

    Oct

IBM

IBM

$145.02

3.9 (2.76%)

18:01
10/16/18
10/16
18:01
10/16/18
18:01
Hot Stocks
IBM sees growth in cloud overall »

Says incremental cash…

03/08/13
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  • 16

    Oct

  • 21

    Oct

  • 22

    Oct

  • 03

    Mar

CELC

Celcuity

$26.90

0.4 (1.51%)

, PBYI

Puma Biotechnology

$42.22

1.17 (2.85%)

17:57
10/16/18
10/16
17:57
10/16/18
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%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 19

    Oct

  • 15

    Nov

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 at MUFG »

Devon Energy price target…

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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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
10/16/18
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%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 16

    Oct

BHP

BHP Billiton

$48.48

0.38 (0.79%)

17:38
10/16/18
10/16
17:38
10/16/18
17:38
Hot Stocks
BHP Billiton reports Q1 iron ore output 61.4M tons, up 10% from last year »

FY19 guidance for iron…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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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 »

Uber has boosted the size…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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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…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 16

    Oct

  • 21

    Oct

  • 22

    Oct

  • 03

    Mar

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