Breaking News Instant updates and real-time market news.

VLP

Valero Energy Partners

$39.94

0.5 (1.27%)

, VLO

Valero

$103.31

-0.36 (-0.35%)

07:51
10/19/18
10/19
07:51
10/19/18
07:51

Valero Energy Partners downgraded to Hold from Buy at SunTrust

SunTrust analyst Tristan Richardson downgraded Valero Energy Partners (VLP) to Hold from Buy and lowered his price target to $42.25 from $46 after yesterday's announcement that Valero (VLO) is acquiring its remaining shares. The analyst notes that this is a common practice in the industry right now and sees little likelihood of an increased offer.

VLP

Valero Energy Partners

$39.94

0.5 (1.27%)

VLO

Valero

$103.31

-0.36 (-0.35%)

  • 25

    Oct

  • 25

    Oct

VLP Valero Energy Partners
$39.94

0.5 (1.27%)

09/07/18
USCA
09/07/18
DOWNGRADE
USCA
Hold
Valero Energy Partners downgraded to Hold from Overweight at US Capital Advisors
10/10/18
FBCO
10/10/18
INITIATION
Target $40
FBCO
Neutral
Valero Energy Partners initiated with a Neutral at Credit Suisse
Credit Suisse analyst Spiro Dounis initiated Valero Energy Partners with a Neutral rating and a price target of $40.
10/18/18
RBCM
10/18/18
DOWNGRADE
Target $42
RBCM
Sector Perform
Valero Energy Partners cut to Sector Perform from Outperform at RBC Capital
RBC Capital analyst TJ Schultz downgraded Valero Energy Partners to Sector Perform from Outperform and lowered his price target to $42 from $45.
10/19/18
RBCM
10/19/18
DOWNGRADE
Target $42
RBCM
Sector Perform
Valero Energy Partners cut to Sector Perform at RBC Capital on acquisition
As reported earlier, RBC Capital analyst TJ Schultz downgraded Valero Energy Partners (VLP) to Sector Perform from Outperform and lowered his price target to $42 from $45 after the company's remaining outstanding public units were acquired by Valero (VLO). The analyst notes that he had "increasingly" expected the transaction to proceed recently as the companies' prior economics were "not conducive to the intended financing strategy". Schultz expects the deal to close under the agreed upon terms.
VLO Valero
$103.31

-0.36 (-0.35%)

10/11/18
10/11/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Huntington Ingalls (HII) downgraded to Sell from Neutral at Goldman Sachs with analyst Noah Poponak saying the company's pace of growth may not support current valuation levels. 2. Ferrari (RACE) downgraded to Hold from Buy at Jefferies with analyst Philippe Jean Houchois saying he re-based his expectations lower to reflect higher upfront investments and a lower quality of earnings as management's new strategy of less volume and more exclusivity takes hold. 3. Valero (VLO) downgraded to Hold from Buy at Tudor Pickering. 4. TransDigm (TDG) downgraded to Neutral from Outperform at Baird with analyst Peter Arment saying the Esterline (ESL) deal is a shift in the company's strategy in buying a "fixer-up asset" with significantly below average returns that will take time to improve. He believes it will be an overhang on the stock near-term. Arment maintained his $365 price target on TransDigm shares. 5. Tata Motors (TTM) downgraded to Hold from Buy at HSBC with analyst Amyn Pirani saying while the company's India business has surprised positively, Jaguar Land Rover's volumes have continued to decline. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/12/18
STPT
10/12/18
UPGRADE
STPT
Buy
Valero upgraded to Buy from Hold at Standpoint Research
10/19/18
GSCO
10/19/18
DOWNGRADE
Target $102
GSCO
Sell
Valero downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst Neil Mehta downgraded Valero Energy (VLO) to Sell and lowered his price target for the shares to $102 from $124. The analyst sees we see 18% downside to 2019 consensus earnings estimates consensus levels given the company's less leverage to inland crude differentials versus tightening LLS-Maya trends and his lowered outlook for gasoline margins in the next twelve months. Mehta sees a better risk/reward profile on shares of Marathon Petroleum (MPC), which is on his firm's Americas Conviction List with a Buy rating.

TODAY'S FREE FLY STORIES

LITE

Lumentum

$43.45

1.53 (3.65%)

06:06
12/11/18
12/11
06:06
12/11/18
06:06
Recommendations
Lumentum analyst commentary  »

Lumentum shares trading…

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

See Street Research during your Free Trial

MAXR

Maxar Technologies

$13.58

-0.535 (-3.79%)

06:05
12/11/18
12/11
06:05
12/11/18
06:05
Hot Stocks
Maxar Technologies COO Tim Hascall to retire »

Maxar Technologies…

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

See Street Research during your Free Trial

  • 11

    Dec

CVE

Cenovus Energy

$7.50

-0.14 (-1.83%)

06:05
12/11/18
12/11
06:05
12/11/18
06:05
Hot Stocks
Breaking Hot Stocks news story on Cenovus Energy »

Cenovus Energy sees 2019…

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

See Street Research during your Free Trial

GOOG

Alphabet

$1,040.02

3.5 (0.34%)

, GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

06:05
12/11/18
12/11
06:05
12/11/18
06:05
Periodicals
Google CEO Pichai to face questions from House Judiciary Committee, WSJ says »

Google CEO Sundar Pichai…

GOOG

Alphabet

$1,040.02

3.5 (0.34%)

GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

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

See Street Research during your Free Trial

  • 11

    Dec

  • 03

    Mar

CVE

Cenovus Energy

$7.50

-0.14 (-1.83%)

06:04
12/11/18
12/11
06:04
12/11/18
06:04
Hot Stocks
Cenovus Energy says plans to invest C$1.2-C$1.4B in 2019 »

Cenovus plans to invest…

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

See Street Research during your Free Trial

T

AT&T

$29.91

-0.23 (-0.76%)

06:03
12/11/18
12/11
06:03
12/11/18
06:03
Upgrade
AT&T rating change  »

AT&T upgraded to Buy…

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

See Street Research during your Free Trial

  • 30

    Jan

  • 20

    Mar

CSTM

Constellium

$7.92

-0.09 (-1.12%)

06:03
12/11/18
12/11
06:03
12/11/18
06:03
Hot Stocks
Constellium to acquire TAAH's 49% stake in Constellium-UACJ ABS »

Constellium announced…

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

See Street Research during your Free Trial

  • 13

    Dec

  • 17

    Dec

  • 18

    Dec

HRC

Hill-Rom

$93.97

1.24 (1.34%)

, SYK

Stryker

$171.41

2.7 (1.60%)

06:03
12/11/18
12/11
06:03
12/11/18
06:03
Periodicals
Hill-Rom embedding sensors in hospital beds to monitor vital signs, WSJ reports »

Hill-Rom Holdings (HRC)…

HRC

Hill-Rom

$93.97

1.24 (1.34%)

SYK

Stryker

$171.41

2.7 (1.60%)

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

See Street Research during your Free Trial

06:01
12/11/18
12/11
06:01
12/11/18
06:01
General news
NFIB Small Business Optimism Index level data reported »

November NFIB Small…

AMZN

Amazon.com

$1,640.37

11.18 (0.69%)

, INTC

Intel

$47.21

0.98 (2.12%)

05:59
12/11/18
12/11
05:59
12/11/18
05:59
Periodicals
Amazon's homegrown chip likely to have major impact on Intel, NY Times says »

Amazon (AMZN) previously…

AMZN

Amazon.com

$1,640.37

11.18 (0.69%)

INTC

Intel

$47.21

0.98 (2.12%)

AAPL

Apple

$169.61

1.24 (0.74%)

GOOG

Alphabet

$1,040.02

3.5 (0.34%)

GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

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

See Street Research during your Free Trial

  • 11

    Dec

  • 19

    Dec

  • 20

    Dec

  • 03

    Mar

UA

Under Armour

$21.02

-1.05 (-4.76%)

, UAA

Under Armour

$22.39

-1.06 (-4.52%)

05:59
12/11/18
12/11
05:59
12/11/18
05:59
Periodicals
Two Under Armour executives ousted after review of expenses, WSJ reports »

Under Armour ousted Ryan…

UA

Under Armour

$21.02

-1.05 (-4.76%)

UAA

Under Armour

$22.39

-1.06 (-4.52%)

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

See Street Research during your Free Trial

  • 12

    Dec

  • 12

    Dec

  • 14

    Dec

  • 03

    Mar

FNMA

Fannie Mae

$0.00

(0.00%)

, FMCC

Freddie Mac

$0.00

(0.00%)

05:56
12/11/18
12/11
05:56
12/11/18
05:56
Periodicals
Trump could name Mark Calabria to lead FHFA, WSJ says »

The White House is…

FNMA

Fannie Mae

$0.00

(0.00%)

FMCC

Freddie Mac

$0.00

(0.00%)

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

See Street Research during your Free Trial

KBR

KBR

$17.03

0.29 (1.73%)

05:54
12/11/18
12/11
05:54
12/11/18
05:54
Hot Stocks
KBRwyle awarded $114M in U.S. Army LOGCAP IV task order »

KBR announced that its…

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

See Street Research during your Free Trial

AWK

American Water

$97.50

-0.22 (-0.23%)

05:52
12/11/18
12/11
05:52
12/11/18
05:52
Earnings
American Water sees FY19 EPS $3.54-$3.64, consensus $3.55 »

American Water is…

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

See Street Research during your Free Trial

  • 11

    Dec

DDAIF

Daimler AG

$0.00

(0.00%)

05:52
12/11/18
12/11
05:52
12/11/18
05:52
Hot Stocks
Daimler to buy battery cells worth more than EUR20B by 2030 »

Daimler is taking the…

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

See Street Research during your Free Trial

AWK

American Water

$97.50

-0.22 (-0.23%)

05:50
12/11/18
12/11
05:50
12/11/18
05:50
Earnings
American Water backs FY18 adj. EPS view $3.27-$3.32, consensus $3.30 »

American Water affirmed…

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

See Street Research during your Free Trial

  • 11

    Dec

TLRA

Telaria

$2.89

0.12 (4.33%)

05:49
12/11/18
12/11
05:49
12/11/18
05:49
Conference/Events
Telaria management to meet with B. Riley FBR »

Meetings to be held in…

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

See Street Research during your Free Trial

  • 11

    Dec

  • 12

    Dec

  • 17

    Dec

  • 18

    Dec

TILE

Interface

$14.96

-0.17 (-1.12%)

05:48
12/11/18
12/11
05:48
12/11/18
05:48
Conference/Events
Interface management to meet with Seaport Global »

Meetings to be held in…

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

See Street Research during your Free Trial

  • 11

    Dec

  • 12

    Dec

WPP

WPP

$51.13

-0.98 (-1.88%)

05:47
12/11/18
12/11
05:47
12/11/18
05:47
Periodicals
WPP to cut 3,500 jobs worldwide as part of restructuring efforts, FT reports »

WPP will cut 3,500 jobs…

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

See Street Research during your Free Trial

  • 11

    Dec

TCBK

TriCo Bancshares

$36.22

-0.1 (-0.28%)

05:47
12/11/18
12/11
05:47
12/11/18
05:47
Conference/Events
TriCo Bancshares management to meet with Sandler O'Neill »

Meetings to be held in…

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

See Street Research during your Free Trial

  • 11

    Dec

  • 12

    Dec

  • 13

    Dec

  • 14

    Dec

SFIX

Stitch Fix

$25.92

-0.42 (-1.59%)

05:47
12/11/18
12/11
05:47
12/11/18
05:47
Downgrade
Stitch Fix rating change  »

Stitch Fix downgraded to…

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

See Street Research during your Free Trial

SYX

Systemax

$30.46

4.37 (16.75%)

05:45
12/11/18
12/11
05:45
12/11/18
05:45
Conference/Events
Systemax management to meet with William Blair »

Meeting to be held in New…

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

See Street Research during your Free Trial

  • 11

    Dec

WPP

WPP

$51.13

-0.98 (-1.88%)

05:45
12/11/18
12/11
05:45
12/11/18
05:45
Hot Stocks
WPP sees medium-term organic growth in line with peers »

The company will incur…

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

See Street Research during your Free Trial

  • 11

    Dec

05:45
12/11/18
12/11
05:45
12/11/18
05:45
General news
NFIB Small Business Optimism Index level to be reported at 06:00 »

November NFIB Small…

WPP

WPP

$51.13

-0.98 (-1.88%)

05:44
12/11/18
12/11
05:44
12/11/18
05:44
Hot Stocks
WPP to incur cash costs for restructuring of GBP300M over three years »

WPP announces the results…

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

See Street Research during your Free Trial

  • 11

    Dec

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.