Breaking News Instant updates and real-time market news.

HRL

Hormel Foods

$44.22

1.02 (2.36%)

08:25
11/06/18
11/06
08:25
11/06/18
08:25

Hormel Foods downgraded to Sell on valuation, cautious outlook at Vertical Group

Vertical Group analyst Heather Jones downgraded Hormel Foods to Sell from Hold citing valuation and a more cautious outlook.

  • 20

    Nov

HRL Hormel Foods
$44.22

1.02 (2.36%)

09/17/18
09/17/18
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. Visa (V) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst James Schneider citing recent share out-performance. 2. Hormel Foods (HRL) downgraded to Market Perform from Outperform at BMO Capital with analyst Kenneth Zaslow citing valuation. 3. Costco (COST) downgraded to Equal Weight from Overweight at Barclays with analyst Karen Short citing valuation. 4. LyondellBasell (LYB) downgraded to Neutral from Buy at Citi with analyst P.J. Juvekar saying the current rise in ethane is likely to persist until Q2 of 2019. 5. Revance (RVNC) downgraded to Market Perform from Outperform at JMP Securities with analyst Donald Ellis citing Botox study data released by Allergan (AGN). This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/28/18
JPMS
09/28/18
INITIATION
Target $41
JPMS
Neutral
Hormel Foods initiated with a Neutral at JPMorgan
JPMorgan analyst Thomas Palmer started Hormel Foods with a Neutral rating and $41 price target. The analyst believes lower industry pork processing margins in the near-term could lead to a better entry point into the shares.
09/28/18
09/28/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Zynga (ZNGA) initiated with a Buy at Stifel. 2. TechTarget (TTGT) initiated with an Outperform at Raymond James. 3. Q2 Holdings (QTWO) initiated with an Equal Weight at Stephens. 4. Hess Corp. (HES) initiated with an Outperform at Bernstein. 5. Hormel Foods (HRL) initiated with a Neutral at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/06/18
PIPR
11/06/18
NO CHANGE
Target $50
PIPR
Overweight
Hormel Foods price target raised to $50 from $39 at Piper Jaffray
Piper Jaffray analyst Michael Lavery raised his price target for Hormel Foods to $50 saying he sees several foodservice growth drivers, including doubling capacity for its Bacon1 product on October 15 and for its fire-braised meats in December. The analyst believes Hormel's foodservice opportunity is underappreciated. Further, he expects continued "strong" 3%-4% organic sales growth and a margin recovery in fiscal 2019. Hormel Foods offers the best in group EBIT growth outlook and its Bacon1 capacity expansion is positive, Lavery tells investors in a research note. He keeps an Overweight rating on the shares.

TODAY'S FREE FLY STORIES

MGLN

Magellan Health

$72.36

7.305 (11.23%)

, ANTM

Anthem

$313.24

1.54 (0.49%)

15:28
02/20/19
02/20
15:28
02/20/19
15:28
Recommendations
Magellan Health, Anthem, Humana, UnitedHealth, WellCare, Centene analyst commentary  »

Magellan's most…

MGLN

Magellan Health

$72.36

7.305 (11.23%)

ANTM

Anthem

$313.24

1.54 (0.49%)

HUM

Humana

$309.26

3.91 (1.28%)

UNH

UnitedHealth

$269.97

-0.29 (-0.11%)

WCG

WellCare

$278.92

1.85 (0.67%)

CNC

Centene

$65.32

0.915 (1.42%)

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

  • 28

    Feb

  • 28

    Feb

  • 07

    Mar

  • 12

    Mar

  • 19

    Mar

  • 28

    May

GM

General Motors

$40.01

0.48 (1.21%)

, VLKAY

Volkswagen

$0.00

(0.00%)

15:20
02/20/19
02/20
15:20
02/20/19
15:20
Periodicals
President Trump continues to weigh EU auto tariffs, WSJ reports »

President Donald Trump…

GM

General Motors

$40.01

0.48 (1.21%)

VLKAY

Volkswagen

$0.00

(0.00%)

NSANY

Nissan

$0.00

(0.00%)

F

Ford

$8.93

0.105 (1.19%)

FCAU

Fiat Chrysler

$15.07

0.23 (1.55%)

HMC

Honda

$27.71

0.15 (0.54%)

TM

Toyota

$123.04

1.51 (1.24%)

DDAIF

Daimler AG

$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

  • 20

    Feb

  • 04

    Mar

  • 27

    Mar

  • 25

    Apr

  • 24

    Jul

  • 23

    Oct

TWTR

Twitter

$31.32

-0.32 (-1.01%)

15:20
02/20/19
02/20
15:20
02/20/19
15:20
Periodicals
Twitter changes data on Russian trolls, Bloomberg reports »

Twitter this month made…

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

  • 21

    Feb

  • 25

    Feb

  • 25

    Feb

GOGO

Gogo

$4.25

0.15 (3.66%)

15:20
02/20/19
02/20
15:20
02/20/19
15:20
Options
Gogo calls active as shares tick higher ahead of earnings »

Gogo calls active as…

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

  • 21

    Feb

  • 25

    Feb

  • 25

    Feb

CAR

Avis Budget

$29.66

0.08 (0.27%)

15:19
02/20/19
02/20
15:19
02/20/19
15:19
Options
Avis Budget options imply 11.1% move in share price post-earnings, below median historical move »

Pre-earnings options…

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

  • 20

    Feb

  • 21

    Feb

  • 20

    Mar

  • 21

    Mar

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
02/20/19
02/20
15:17
02/20/19
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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

$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
02/20/19
02/20
15:16
02/20/19
15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

15:15
02/20/19
02/20
15:15
02/20/19
15:15
General news
U.S. Treasury Market Summary »

U.S. Treasury Market…

MRAM

Everspin Technologies

$8.63

1.21 (16.31%)

, INTC

Intel

$51.32

-0.07 (-0.14%)

15:11
02/20/19
02/20
15:11
02/20/19
15:11
Periodicals
Intel calls embedded MRAM ready for high-volume manufacturing, EE Times says »

Intel (INTC), in a paper…

MRAM

Everspin Technologies

$8.63

1.21 (16.31%)

INTC

Intel

$51.32

-0.07 (-0.14%)

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

  • 20

    Feb

  • 21

    Feb

  • 25

    Feb

  • 25

    Feb

  • 14

    Mar

  • 14

    Mar

  • 25

    Mar

  • 26

    Mar

NOG

Northern Oil and Gas

$2.56

0.04 (1.59%)

15:10
02/20/19
02/20
15:10
02/20/19
15:10
Options
Notable call buying in Northern Oil and Gas »

Notable call buying 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

  • 25

    Feb

  • 18

    Mar

15:06
02/20/19
02/20
15:06
02/20/19
15:06
General news
Farm Prices data reported »

December Farm Prices down…

15:06
02/20/19
02/20
15:06
02/20/19
15:06
General news
Farm Prices data reported »

December Farm Prices up…

NTES

NetEase

$231.03

1.48 (0.64%)

15:04
02/20/19
02/20
15:04
02/20/19
15:04
Options
NetEase options imply 10.6% move in share price post-earnings, above median historical move »

Pre-earnings options…

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

  • 20

    Feb

ITHUF

iAnthus

$0.00

(0.00%)

15:02
02/20/19
02/20
15:02
02/20/19
15:02
Periodicals
Breaking Periodicals news story on iAnthus »

Hedgeye names iAnthus a…

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

EXP

Eagle Materials

$77.88

1.21 (1.58%)

15:00
02/20/19
02/20
15:00
02/20/19
15:00
Options
Notable call buying in Eagle Materials as shares fly to multi-month highs »

Notable call buying 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

  • 19

    Mar

MCS

Marcus

$40.94

1.35 (3.41%)

, NCMI

National CineMedia

$7.13

0.11 (1.57%)

14:57
02/20/19
02/20
14:57
02/20/19
14:57
Hot Stocks
Marcus announces affiliate partnership for Movie Tavern with National CineMedia »

National CineMedia (NCMI)…

MCS

Marcus

$40.94

1.35 (3.41%)

NCMI

National CineMedia

$7.13

0.11 (1.57%)

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

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 02

    Apr

  • 02

    Apr

  • 06

    Jun

14:50
02/20/19
02/20
14:50
02/20/19
14:50
General news
Treasury Action: there wasn't any strong reaction to the FOMC minutes »

Treasury Action: there…

SSNLF

Samsung

$0.00

(0.00%)

14:49
02/20/19
02/20
14:49
02/20/19
14:49
Hot Stocks
Samsung introduces new line of Galaxy S10 phones »

Samsung inroduced a 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

VIPS

Vipshop

$7.28

0.33 (4.75%)

14:49
02/20/19
02/20
14:49
02/20/19
14:49
Options
Vipshop options imply 15.9% move in share price post-earnings, above median historical move »

Pre-earnings options…

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

  • 21

    Feb

SSNLF

Samsung

$0.00

(0.00%)

, TMUS

T-Mobile

$72.78

0.27 (0.37%)

14:47
02/20/19
02/20
14:47
02/20/19
14:47
Hot Stocks
Samsung unveils Galaxy Fold »

Samsung Electronics…

SSNLF

Samsung

$0.00

(0.00%)

TMUS

T-Mobile

$72.78

0.27 (0.37%)

T

AT&T

$30.87

0.24 (0.78%)

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

  • 25

    Feb

  • 11

    Mar

  • 11

    Mar

  • 20

    Mar

VRTU

Virtusa

$50.50

-0.61 (-1.19%)

14:46
02/20/19
02/20
14:46
02/20/19
14:46
Conference/Events
Virtusa management to meet with JPMorgan »

Meeting 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

  • 20

    Feb

  • 25

    Feb

  • 28

    Feb

  • 01

    Mar

  • 04

    Mar

  • 05

    Mar

  • 19

    Mar

ADI

Analog Devices

$106.55

2.34 (2.25%)

14:46
02/20/19
02/20
14:46
02/20/19
14:46
Recommendations
Analog Devices analyst commentary  »

Analog Devices price…

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

  • 20

    Feb

  • 25

    Feb

  • 13

    Mar

  • 09

    Apr

  • 28

    May

SSNLF

Samsung

$0.00

(0.00%)

14:44
02/20/19
02/20
14:44
02/20/19
14:44
Hot Stocks
Samsung unveils Galaxy Watch Active, Galaxy Fit, and Galaxy Buds »

Samsung Electronics…

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

NAK

Northern Dynasty

$0.89

0.0029 (0.33%)

14:44
02/20/19
02/20
14:44
02/20/19
14:44
Hot Stocks
Northern Dynasty says Pebble Project Draft Environmental Impact Statement posted »

Northern Dynasty Minerals…

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

TSCO

Tractor Supply

$97.56

0.53 (0.55%)

14:42
02/20/19
02/20
14:42
02/20/19
14:42
Conference/Events
Tractor Supply management to meet with JPMorgan »

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

  • 25

    Feb

  • 26

    Feb

  • 06

    Mar

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.