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FTDR

Frontdoor

$22.35

-0.22 (-0.97%)

, SERV

ServiceMaster

$43.91

0.13 (0.30%)

07:34
11/30/18
11/30
07:34
11/30/18
07:34

Frontdoor initiated with a Buy at Buckingham

Buckingham analyst James Clement initiated Frontdoor (FTDR) with a Buy rating and $29 price target. He believes the stock's "very poor" trading since its spinoff from ServiceMaster (SERV) on October 1 provides a buying opportunity, stating that Frontdoor is in the process of raising prices and he thinks it has plenty of room to do so. Clement believes the most attractive long-term aspect of the story is the potential for Frontdoor to be a disruptor in home improvement, maintenance and repairs, but acknowledges the company will have to invest significantly to make this a reality.

FTDR

Frontdoor

$22.35

-0.22 (-0.97%)

SERV

ServiceMaster

$43.91

0.13 (0.30%)

  • 11

    Dec

  • 13

    Dec

FTDR Frontdoor
$22.35

-0.22 (-0.97%)

11/06/18
OPCO
11/06/18
NO CHANGE
Target $40
OPCO
Outperform
Frontdoor price target lowered to $40 from $48 at Oppenheimer
Oppenheimer analyst Ian Zaffino lowered his price target for Frontdoor to $40 from $48 saying that the company missed adjusted EBITDA, hurt by inflation, repair costs and more frequent service calls. Frontdoor lowered FY18 EBITDA guidance, owing to the miss and the unusually unfavorable weather in October, he adds. The analyst reiterates an Outperform rating on the shares.
10/03/18
SPIN
10/03/18
DOWNGRADE
SPIN
Hold
Frontdoor downgraded to Hold from Buy at Spin-Off Research
10/03/18
10/03/18
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. XPO Logistics (XPO) initiated with a Buy at Jefferies. 2. Allegiance Bancshares (ABTX) initiated with a Strong Buy at Raymond James. 3. 21Vianet (VNET) initiated with a Buy at Jefferies. 4. Frontdoor (FTDR) initiated with a Buy at Gabelli. 5. Anixa Biosciences (ANIX) initiated with a Buy at B. Riley FBR. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/03/18
STFL
10/03/18
NO CHANGE
Target $45
STFL
Buy
ServiceMaster price target raised to $45 from $40 at Stifel
Stifel analyst Michael Hoffman raised his price target on ServiceMaster (SERV) to $45 from $40 stating that better service, which results in higher retention, should lead to better margins and free cash flow conversion in the Pest Control segment while the Franchise Services Group should remain highly profitable and reliable. He also notes that ServiceMaster owns 19.9% of Frontdoor (FTDR) after the spinoff and that ownership should add $5 per share in value at the current market valuation of the newly-public company. Hoffman maintains a Buy rating on ServiceMaster shares.
SERV ServiceMaster
$43.91

0.13 (0.30%)

11/19/18
RBCM
11/19/18
INITIATION
Target $46
RBCM
Sector Perform
ServiceMaster initiated with a Sector Perform at RBC Capital
RBC Capital analyst Seth Weber initiated ServiceMaster with a Sector Perform rating and a price target of $46. The analyst states that he is positive on the company's decision to spin off the AHS business and focus on driving Terminix growth, but he also sees the 5.5 turns of multiple expansion since the spin-off reflecting the move, especially since Terminix is not yet seeing a benefit even as the investments weigh on the ServiceMaster margins. Weber adds that while he is confident in the overall strategy and the company's CEO, the progression in Terminix performance "could take longer than expected".
11/19/18
RBCM
11/19/18
INITIATION
Target $46
RBCM
Sector Perform
ServiceMaster initiated with a Sector Perform at RBC Capital
RBC Capital analyst Seth Weber initiated ServiceMaster with a Sector Perform rating and a price target of $46.
11/14/18
11/14/18
INITIATION
Target $44

Neutral
Goldman Sachs starts ServiceMaster at Neutral with $44 price target
As previously reported, Goldman Sachs analyst George Tong started ServiceMaster with a Neutral rating and $44 price target. He expects new management to drive a turnaround in Terminix over the next several years following the spin-off of American Home Shield, but believes this scenario is fairly captured in current valuations, Tong tells investors. He expects the company's initiatives to return the management of branches to the local level and improve customer service can drive a recovery in Terminix organic revenue growth to the low-to-mid single digits, Tong added.
11/14/18
GSCO
11/14/18
INITIATION
Target $44
GSCO
Neutral
ServiceMaster initiated with a Neutral at Goldman Sachs
Goldman Sachs analyst George Tong started ServiceMaster with a Neutral rating and $44 price target.

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LYV

Live Nation

$66.17

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DiamondRock

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-0.085 (-0.86%)

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OOMA

Ooma

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Nordstrom

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Shoe Carnival

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SPLK

Splunk

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GPS

Gap

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ROST

Ross Stores

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PSTG

Pure Storage

$19.84

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WSM

Williams-Sonoma

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PennantPark

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ENTA

Enanta

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INTU

Intuit

$270.01

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AES

AES Corp.

$18.50

-0.115 (-0.62%)

19:08
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WM

Waste Management

$111.23

-1.305 (-1.16%)

, RSG

Republic Services

$86.78

-0.91 (-1.04%)

19:07
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Initiation
Waste Management, Republic Services, Waste Connections, Clean Harbors, Stericycle, Casella Waste, Covanta initiated  »

Jefferies initiates…

WM

Waste Management

$111.23

-1.305 (-1.16%)

RSG

Republic Services

$86.78

-0.91 (-1.04%)

WCN

Waste Connections

$89.54

-0.28 (-0.31%)

CLH

Clean Harbors

$84.70

-0.75 (-0.88%)

SRCL

Stericycle

$62.49

0.76 (1.23%)

CWST

Casella Waste

$43.70

-0.39 (-0.88%)

CVA

Covanta

$14.43

-0.14 (-0.96%)

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AES

AES Corp.

$18.50

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  • 04

    Dec

ICE

IntercontinentalExchange

$93.89

-0.58 (-0.61%)

, BTC

Bitcoin

$0.00

(0.00%)

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BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

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MAN

ManpowerGroup

$92.05

-0.355 (-0.38%)

18:51
11/21/19
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18:51
Initiation
ManpowerGroup initiated at Jefferies »

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RHI

Robert Half

$58.01

-0.38 (-0.65%)

18:48
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Initiation
Robert Half initiated at Jefferies »

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HTZ

Hertz

$15.37

0.265 (1.76%)

18:46
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Initiation
Hertz initiated at Jefferies »

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CAR

Avis Budget

$28.71

0.16 (0.56%)

18:44
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Initiation
Avis Budget initiated at Jefferies »

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AMD

AMD

$39.52

-1.45 (-3.54%)

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CTAS

Cintas

$253.61

-5.78 (-2.23%)

, BFAM

Bright Horizons

$148.62

-3.92 (-2.57%)

18:42
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Initiation
Cintas, Bright Horizons, Aramark, H&R Block, BrightView, Rollins, ServiceMaster initiated at Jefferies »

Jefferies initiates…

CTAS

Cintas

$253.61

-5.78 (-2.23%)

BFAM

Bright Horizons

$148.62

-3.92 (-2.57%)

ARMK

Aramark

$42.42

-1.37 (-3.13%)

HRB

H&R Block

$24.34

-0.15 (-0.61%)

BV

BrightView

$16.79

-2.525 (-13.08%)

ROL

Rollins

$35.77

-0.8 (-2.19%)

SERV

ServiceMaster

$36.16

-0.42 (-1.15%)

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  • 21

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  • 04

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PINE

Alpine Income Properties

$0.00

(0.00%)

18:34
11/21/19
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Syndicate
Alpine Income Properties 7.5M share IPO priced at $19.00 »

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  • 22

    Nov

OTTW

Ottawa Bancorp

$13.39

-0.39 (-2.83%)

18:28
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Hot Stocks
Ottawa Bancorp approves stock buyback of 317,307 shares »

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MSFT

Microsoft

$149.46

-0.14 (-0.09%)

18:27
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Microsoft says granted U.S. license to do business with Huawei, Bloomberg says »

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  • 02

    Dec

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  • 09

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SITC

Site Centers

$14.28

-0.275 (-1.89%)

18:24
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Site Centers rating change at Stifel »

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UAL

United Airlines

$90.96

-0.72 (-0.79%)

, BA

Boeing

$366.47

-4.275 (-1.15%)

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United Airlines

$90.96

-0.72 (-0.79%)

BA

Boeing

$366.47

-4.275 (-1.15%)

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  • 03

    Dec

FAST

Fastenal

$35.15

-0.1 (-0.28%)

, GWW

Grainger

$312.66

0.305 (0.10%)

18:20
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Initiation
Fastenal, Grainger, HD Supply, MSC Industrial, Wesco initiated at Jefferies »

Jefferies initiates…

FAST

Fastenal

$35.15

-0.1 (-0.28%)

GWW

Grainger

$312.66

0.305 (0.10%)

HDS

HD Supply

$39.10

-0.21 (-0.53%)

MSM

MSC Industrial

$73.66

-0.125 (-0.17%)

WCC

Wesco

$53.09

-0.02 (-0.04%)

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  • 10

    Dec

  • 30

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SPGI

S&P Global

$264.34

-3.6 (-1.34%)

, INFO

IHS Markit

$71.62

-0.38 (-0.53%)

18:06
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Initiation
S&P Global, IHS Markit, Verisk Analytics, Gartner, FactSet, Equifax, TransUnion, CoStar Group initiated at Jefferies »

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SPGI

S&P Global

$264.34

-3.6 (-1.34%)

INFO

IHS Markit

$71.62

-0.38 (-0.53%)

VRSK

Verisk Analytics

$144.45

0.12 (0.08%)

IT

Gartner

$158.00

0.06 (0.04%)

FDS

FactSet

$258.20

-3.65 (-1.39%)

EFX

Equifax

$137.97

-1.15 (-0.83%)

TRU

TransUnion

$84.90

-1.34 (-1.55%)

CSGP

CoStar Group

$587.66

-7.45 (-1.25%)

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  • 02

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  • 07

    Jan

GPS

Gap

$16.22

-0.05 (-0.31%)

17:59
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  • 21

    Nov

  • 05

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LB

L Brands

$17.18

1.78 (11.56%)

17:50
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L Brands cancels Victoria's Secret Fashion Show for 'more current platforms' »

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