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OC

Owens Corning

$51.60

-0.7953 (-1.52%)

04:55
11/30/18
11/30
04:55
11/30/18
04:55

Owens Corning management to meet with Evercore ISI

Meetings to be held in San Francisco on November 29 and in Los Angeles on November 30 hosted by Evercore ISI.

  • 30

    Nov

OC Owens Corning
$51.60

-0.7953 (-1.52%)

10/25/18
RHCO
10/25/18
NO CHANGE
Target $45
RHCO
Hold
Owens Corning price target lowered to $45 from $70 at SunTrust
SunTrust analyst Keith Hughes lowered his price target on Owens Corning to $45 and kept his Hold rating after weaker than expected Q3 results and soft guidance. The analyst expects the soft roofing conditions to persist into the next quarter but also notes that the price-cost dynamic turned positive, which he sees as an "important development". Hughes adds that the weak insulation and composite segments were a surprise, but sees a lot of "bad" priced in to the stock at 5.9-times multiple for enterprise value to his expected FY19 EBITDA.
10/25/18
FBCO
10/25/18
NO CHANGE
Target $47
FBCO
Neutral
Owens Corning price target lowered to $47 from $57 at Credit Suisse
Credit Suisse analyst Susan Maklari lowered her price target for Owens Corning to $47 from $57 saying that the company's Q3 results further her Neutral rating stance. Although pricing over the last several quarters-especially in roofing and insulation-allowed it to catch up with inflation, volumes across geographies were below expectations, she contends. Maklari also notes that the outlook for more subdued activity through the end of 2018 is also limiting upside to results.
10/25/18
10/25/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Caterpillar (CAT) upgraded to Hold from Sell at DZ Bank with analyst Robert Czerwensky upgrading the stock but lowering his price target to $119 from $127. 2. Tesla (TSLA) upgraded to Outperform from Peer Perform at Wolfe Research with analyst Dan Galves saying Q3 non-GAAP earnings of $2.90, versus consensus of 3c, and free cash flow of $881M is proof that Tesla's earnings power is likely to outperform traditional automakers. 3. Hilton (HLT) upgraded to Buy from Neutral at B. Riley FBR with analyst Jeffrey Donnelly saying the significant year-to-date underperformance of the shares, the majority of which took place in October, has created an attractive entry point. 4. Owens Corning (OC) upgraded to Overweight from Equal Weight at Barclays with analyst Matthew Bouley saying "Diminishing headwinds" in 2019 to support earnings growth off of a depressed base. 5. TripAdvisor (TRIP) upgraded to Neutral from Underperform at Credit Suisse with analyst Stephen Ju citing upcoming quarterly results. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/27/18
NRCS
11/27/18
NO CHANGE
Target $64
NRCS
Buy
Owens Corning price target raised to $64 from $53 at Northcoast
Northcoast analyst Kevin Hocevar raised his price target on Owens Corning to $64 and kept his Buy rating, saying that the falling oil price could have a typically positive impact on the price-to-cost dynamic in the company's Roofing segment. The analyst notes that if oil prices stay at current levels and the asphalt to oil spread reverts to the mean in the coming months, Owens Corning's asphalt inflation headwind estimate can be lowered to $25M in 2019 from his prior view of $60M. For 2018, Hocevar adds that under the assumption of asphalt cost moving down to long-term spread with oil immediately, the estimated $64M headwind becomes a $64M tailwind.

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  • 21

    Nov

GRUB

GrubHub

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1.195 (2.94%)

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  • 21

    Nov

PAYS

Paysign

$8.71

-0.26 (-2.90%)

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  • 25

    Nov

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    Nov

DISCA

Discovery

$31.72

-0.29 (-0.91%)

10:46
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FCX

Freeport McMoRan

$10.94

-0.105 (-0.95%)

10:45
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CAN

Canaan

$0.00

(0.00%)

10:44
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  • 21

    Nov

WE

We Company

$0.00

(0.00%)

, SFTBF

SoftBank

$0.00

(0.00%)

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Breaking Periodicals news story on We Company, SoftBank, SoftBank »

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WE

We Company

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

SFTBY

SoftBank

$0.00

(0.00%)

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SITM

SiTime

$0.00

(0.00%)

10:42
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Syndicate
SiTime indicated to open at $17.25, IPO priced at $13.00 »

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  • 21

    Nov

CAN

Canaan

$0.00

(0.00%)

10:41
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Breaking Syndicate news story on Canaan »

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  • 21

    Nov

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TSLA

Tesla

$357.27

4.94 (1.40%)

, GM

General Motors

$35.16

-0.1 (-0.28%)

10:34
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TSLA

Tesla

$357.27

4.94 (1.40%)

GM

General Motors

$35.16

-0.1 (-0.28%)

F

Ford

$8.72

-0.005 (-0.06%)

AMZN

Amazon.com

$1,738.96

-6.54 (-0.37%)

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  • 09

    Dec

  • 04

    Feb

CAN

Canaan

$0.00

(0.00%)

10:32
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Syndicate
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  • 21

    Nov

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VKTX

Viking Therapeutics

$7.20

0.12 (1.69%)

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SPY

SPDR S&P 500 ETF Trust

$310.33

-0.47 (-0.15%)

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Put sales in SP500 ETF likely unwind hedges from August »

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USO

United States Oil Fund

$12.11

0.2 (1.68%)

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EIA natural gas storage change for week ending November 15 »

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SNAP

Snap

$15.56

0.245 (1.60%)

10:25
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Snap Inc. call volume above normal and directionally bullish »

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  • 21

    Nov

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