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RTN

Raytheon

$182.17

-7.84 (-4.13%)

07:03
10/25/18
10/25
07:03
10/25/18
07:03

Raytheon raises FY18 EPS view to $10.01-$10.11 from $9.77-$9.97

Consensus $9.96. Raises FY18 revenue $27B-$27.3B from $26.7B-$27.2B, consensus $26.97B.

  • 25

    Oct

RTN Raytheon
$182.17

-7.84 (-4.13%)

05/24/18
STFL
05/24/18
NO CHANGE
Target $65
STFL
Buy
AeroVironment well-positioned to win new Army contract, says Stifel
Separate from AeroVironment's (AVAV) recent Switchblade contract announcement, Stifel analyst Joseph DeNardi highlighted that the Army recently posted a request for information for Switchblade production from FY19-FY26. DeNardi said it is unclear what the likelihood is that AeroVironment continues to be the sole-source Switchblade provider as it has been from FY17-FY19, as he assumes multiple contractors will reply and suspects that offerings presumably from companies like Raytheon (RTN), Textron (TXT) and possibly Lockheed (LMT) will be more mature than they were a few years ago. Still, he is encouraged by the length of the performance period for the new RFI and views AeroVironment as well-positioned to win the competition, DeNardi tells investors. He keeps a Buy rating and $65 price target on the stock.
08/15/18
UBSW
08/15/18
INITIATION
Target $250
UBSW
Buy
Raytheon initiated with a Buy at UBS
UBS analyst Myles Walton initiated coverage of the Aerospace & Defense sector, starting Raytheon with a Buy rating and $250 price target.
09/21/18
MSCO
09/21/18
NO CHANGE
MSCO
Morgan Stanley says not to panic over Defense payment proposal
Morgan Stanley analyst Rajeev Lalwani attributes the underperformance in Defense stocks over the last two days compared to the broader market to heightened concerns around a month old proposal from the Department of Defense to adjust progress and performance payments down to 50% from 80% of cost, which would effectively slow the timing of cash flow receipts closer to when a project is complete. He sees a number of reasons not to panic, firstly because he believes that the Administration will not move forward with a proposal industry-players will paint as being anti-business and anti-defense spending. Even if it were to move forward, the proposal primarily impacts cash flow timing, with underlying earnings unchanged and potential offsets evident, Lalwani tells investors. Lastly, while there would be considerable uncertainty around rule implementation, the proposal would create a path to superior cash flows versus today, the analyst added. Companies in the defense contracting space include General Dynamics (GD), Huntington Ingalls (HII), L3 Technologies (LLL), Lockheed Martin (LMT), Northrop Grumman (NOC) and Raytheon (RTN).
09/21/18
09/21/18
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. UBS SAYS BUY AT&T: UBS analyst John Hodulik upgraded AT&T (T) to Buy and raised his price target for the shares to $38 from $33, noting that the stock is trading near all-time low valuations and at its widest valuation gap to Verizon (VZ). The Time Warner transaction and accounting changes "have compounded [other] issues, leading to a loss of visibility for investors," but his work indicates that AT&T will return to EBITDA growth in the second half of 2018, after a 6% decline in the first half, due to growth in Wireless and WarnerMedia as well as slower declines in Entertainment. JPMORGAN GOES TO BULL FROM BEAR ON NOVAVAX: JPMorgan analyst Eric Joseph double upgraded Novavax (NVAX) to Overweight from Underweight saying the risk/reward is favorable into the report of Prepare trial data in Q1 of 2019. The trial is assessing the efficacy of the company's RSV F Vaccine for infants via maternal immunization and the analyst believes the shares can hit a range of $2.00 to $2.25, he told investors. JPMORGAN SUGGESTS BEING SHORT COPART, LONG KAR: JPMorgan analyst Ryan Brinkman downgraded Copart (CPRT) to Underweight and lowered his price target for the shares to $47 from $48. The company reported softer than expected Q4 results this week but trades at "near record multiples" of earnings and EBITDA, Brinkman told investors. The analyst sees a potential pair trade in going long KAR Auction (KAR) shares, and short Copart shares, to capitalize on the "valuation disconnect." LOOP SETS $8.25 TARGET ON HARMONIC: Loop Capital analyst James Kisner initiated Harmonic (HLIT) with a Buy rating and $8.25 price target, saying he believes Harmonic can "drive robust revenue growth on its Cable Edge business as cable operators like Comcast (CMCSA, CMCSK) adopt its virtual CCAP/CMTS solution," and that the company's video business with stabilize. 'DON'T PANIC' OVER DOD PROPOSAL: Morgan Stanley analyst Rajeev Lalwani attributes the underperformance in Defense stocks over the last two days compared to the broader market to heightened concerns around a month old proposal from the Department of Defense to adjust progress and performance payments down to 50% from 80% of cost, which would effectively slow the timing of cash flow receipts closer to when a project is complete. He sees a number of reasons not to panic, mainly because he believes that the Administration will not move forward with a proposal industry-players will paint as being anti-business and anti-defense spending. Publicly-traded defense contractors include General Dynamics (GD), Huntington Ingalls (HII), L3 Technologies (LLL), Lockheed Martin (LMT), Northrop Grumman (NOC) and Raytheon (RTN).

TODAY'S FREE FLY STORIES

G

Genpact

$36.41

0.09 (0.25%)

16:36
05/21/19
05/21
16:36
05/21/19
16:36
Syndicate
Genpact files to sell 10M shares of common stock for holders »

Selling shareholders…

03/08/13
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  • 05

    Jun

AL

Air Lease

$37.91

0.68 (1.83%)

, EADSY

Airbus

$0.00

(0.00%)

16:35
05/21/19
05/21
16:35
05/21/19
16:35
Hot Stocks
Air Lease announces delivery of New Airbus A350-900 aircraft to Sichuan Airlines »

Air Lease Corporation…

AL

Air Lease

$37.91

0.68 (1.83%)

EADSY

Airbus

$0.00

(0.00%)

03/08/13
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03/06/13
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03/06/13
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  • 13

    Nov

TOL

Toll Brothers

$38.34

0.82 (2.19%)

16:35
05/21/19
05/21
16:35
05/21/19
16:35
Hot Stocks
Toll Brothers sees Q3 deliveries 1.8K-2.0K units with avg price $855K-$880K »

Sees FY19 deliveries…

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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  • 22

    May

FLNT

Fluent

$5.63

0.4 (7.65%)

16:33
05/21/19
05/21
16:33
05/21/19
16:33
Hot Stocks
Fluent promotes Tamara Alesi to CGO »

Fluent announced the…

03/08/13
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03/08/13
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03/06/13
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  • 23

    May

  • 05

    Jun

TOL

Toll Brothers

$38.34

0.82 (2.19%)

16:33
05/21/19
05/21
16:33
05/21/19
16:33
Hot Stocks
Toll Brothers reports Q2 home building deliveries 1.9K, up 1% »

Reports Q2: Net signed…

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03/06/13
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  • 22

    May

ESRT

Empire State Realty

$15.77

0.18 (1.15%)

16:33
05/21/19
05/21
16:33
05/21/19
16:33
Hot Stocks
Empire State Realty CFO David Karp steps down, Andrew Prentice named acting CFO »

Empire State Realty Trust…

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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  • 04

    Jun

KHC

Kraft Heinz

$31.98

0.19 (0.60%)

16:33
05/21/19
05/21
16:33
05/21/19
16:33
Hot Stocks
Kraft Heinz still not in compliance with Nasdaq listing rule »

The Kraft Heinz announced…

03/08/13
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03/06/13
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TOL

Toll Brothers

$38.34

0.82 (2.19%)

16:31
05/21/19
05/21
16:31
05/21/19
16:31
Earnings
Toll Brothers reports Q2 EPS 87c, consensus 75c »

Reports Q2 revenue…

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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  • 22

    May

MYL

Mylan

$19.67

0.225 (1.16%)

16:30
05/21/19
05/21
16:30
05/21/19
16:30
Hot Stocks
FDA: Mylan broadens recall of Valsartan tablets »

Mylan N.V.External Link…

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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  • 31

    May

16:30
05/21/19
05/21
16:30
05/21/19
16:30
Options
Preliminary option volume of 15.0M today »

Preliminary option volume…

CDAY

Ceridian

$51.19

1.04 (2.07%)

16:29
05/21/19
05/21
16:29
05/21/19
16:29
Syndicate
Ceridian files to sell 8M shares of common stock for holders »

Goldman Sachs & Co.…

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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IT

Gartner

$154.12

1.62 (1.06%)

16:25
05/21/19
05/21
16:25
05/21/19
16:25
Hot Stocks
Gartner VP Robin Kranich sellls over $980K in company shares »

Gartner VP Robin Kranich…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 30

    May

  • 03

    Jun

  • 05

    Jun

PSTG

Pure Storage

$20.60

0.6 (3.00%)

16:22
05/21/19
05/21
16:22
05/21/19
16:22
Hot Stocks
Pure Storage down 17% to $17.10 after Q1 results miss estimates »

The company's Q2 and…

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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  • 21

    May

  • 05

    Jun

  • 20

    Jun

  • 09

    Jul

EXPR

Express

$3.45

0.08 (2.37%)

16:21
05/21/19
05/21
16:21
05/21/19
16:21
Hot Stocks
Express appoints Timothy Baxter CEO »

Express announced that…

03/08/13
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03/06/13
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  • 30

    May

  • 12

    Jun

  • 18

    Jun

OOMA

Ooma

$14.49

-0.45 (-3.01%)

16:20
05/21/19
05/21
16:20
05/21/19
16:20
Earnings
Ooma narrows FY20 EPS view to (24c)-(19c) from (24c)-(14c), consensus (19c) »

Raises FY20 revenue view…

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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  • 21

    May

  • 05

    Jun

  • 10

    Jun

AVP

Avon Products

$3.20

0.06 (1.91%)

16:20
05/21/19
05/21
16:20
05/21/19
16:20
Options
Avon Products put buyer closes out long term trade »

Avon Products put buyer…

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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VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

16:20
05/21/19
05/21
16:20
05/21/19
16:20
Options
Closing CBOE SPX and VIX Index summary for May 21st »

The CBOE Volatility Index…

03/08/13
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RRBI

Red River Bancshares

$49.95

(0.00%)

16:19
05/21/19
05/21
16:19
05/21/19
16:19
Initiation
Red River Bancshares initiated  »

Red River Bancshares…

03/08/13
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03/06/13
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03/06/13
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TRNS

Transcat

$24.25

0.13 (0.54%)

16:17
05/21/19
05/21
16:17
05/21/19
16:17
Hot Stocks
Transcat sees FY20 CapEx $7.8M-$9.2M »

Transcat expects its…

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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  • 22

    May

AYR

Aircastle

$20.03

0.275 (1.39%)

16:17
05/21/19
05/21
16:17
05/21/19
16:17
Hot Stocks
Aircastle raises repurchase program up to $100M from $76M »

Aircastle announced that…

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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  • 04

    Jun

  • 05

    Jun

  • 13

    Nov

OOMA

Ooma

$14.49

-0.45 (-3.01%)

16:17
05/21/19
05/21
16:17
05/21/19
16:17
Earnings
Ooma sees Q2 EPS (7c) to (5c), consensus (4c) »

Sees Q2 revenue…

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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  • 21

    May

  • 05

    Jun

  • 10

    Jun

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
05/21/19
05/21
16:17
05/21/19
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was average for…

03/08/13
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03/06/13
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03/06/13
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TRNS

Transcat

$24.25

0.13 (0.54%)

16:16
05/21/19
05/21
16:16
05/21/19
16:16
Earnings
Transcat reports Q4 EPS 35c, consensus 29c »

Reports Q4 revenue…

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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  • 22

    May

RDNT

RadNet

$13.62

0.37 (2.79%)

16:16
05/21/19
05/21
16:16
05/21/19
16:16
Hot Stocks
RadNet officer John Crues sells 20K shares of company stock »

RadNet officer John Crues…

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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  • 13

    Jun

PRSP

Perspecta

$22.33

0.36 (1.64%)

16:16
05/21/19
05/21
16:16
05/21/19
16:16
Hot Stocks
Perspecta increases quarterly dividend 20% »

Perspecta announced that…

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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  • 06

    Jun

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