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GD

General Dynamics

$170.66

3.28 (1.96%)

14:31
12/10/18
12/10
14:31
12/10/18
14:31

General Dynamics awarded $346.5M contract modification

General Dynamics Electric Boat has been awarded a $346.5M contract modification by the U.S. Navy to provide research and development and lead-yard services for Virginia-class nuclear-powered attack submarines. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the contract modification, Electric Boat will undertake development studies and other work related to Virginia-class submarine design improvements. Additionally, Electric Boat will perform research and development work required to evaluate new technologies to be inserted in newly built Virginia-class ships, including the Virginia Payload Module. Initially awarded in 2016, the contract has a potential value of $1.3B through September 2019.

  • 19

    Dec

GD General Dynamics
$170.66

3.28 (1.96%)

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).
10/24/18
STFL
10/24/18
NO CHANGE
Target $200
STFL
Hold
General Dynamics price target lowered to $200 from $210 at Stifel
Stifel analyst Joseph DeNardi lowered his price target for General Dynamics to $200 from $210 following mixed results as revenue guidance softens. The analyst views the supply chain issues affecting General Dynamics as fixable, while demand at Gulfstream and GD's defense business remains healthy. However, General Dynamics is going to be "treated differently by the market relative to its purer-play defense peers when cycle-related selloffs materialize like today," he contends. DeNardi reiterates a Hold rating on the shares.
10/25/18
WELS
10/25/18
NO CHANGE
Target $210
WELS
Outperform
General Dynamics price target lowered to $210 from $250 at Wells Fargo
Wells Fargo analyst Sam Pearlstein lowered his price target for General Dynamics to $210 from $250 due to the overall multiple compression in defense stocks. The analyst believes the stock's post-Q3 sell-off had several causes, including a slight EPS miss, a lower Aerospace backlog, and downward revenue revisions in three segments. Still, Pearlstein believes General Dynamics' core defense business is positioned for solid growth, while Gulfstream volumes should improve as soon as Q4. He reiterates and Outperform rating on the shares.
10/25/18
FBCO
10/25/18
NO CHANGE
Target $216
FBCO
Outperform
General Dynamics price target lowered to $216 from $229 at Credit Suisse
Credit Suisse analyst Robert Spingarn lowered his price target for General Dynamics to $216 from $229 as softer sales and questions on 2019 drive selloff in the shares. The analyst reiterates an Outperform rating on the shares.

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AUPH

Aurinia Pharmaceuticals

$15.76

0.31 (2.01%)

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  • 10

    Dec

GDI

Gardner Denver

$33.90

-0.19 (-0.56%)

20:08
12/09/19
12/09
20:08
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GDI

Gardner Denver

$33.90

-0.19 (-0.56%)

19:56
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19:56
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DTCWY

Deutsche Wohnen

$0.00

(0.00%)

19:50
12/09/19
12/09
19:50
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19:50
Downgrade
Deutsche Wohnen rating change at Goldman Sachs »

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SEGXF

Segro

$0.00

(0.00%)

19:49
12/09/19
12/09
19:49
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19:49
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Segro rating change at Goldman Sachs »

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BORR

Borr Drilling

$6.60

0.46 (7.49%)

19:30
12/09/19
12/09
19:30
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19:30
Initiation
Borr Drilling initiated at Goldman Sachs »

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INSG

Inseego

$6.89

-0.05 (-0.72%)

19:26
12/09/19
12/09
19:26
12/09/19
19:26
Syndicate
Breaking Syndicate news story on Inseego »

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FTSV

Forty Seven

$30.44

16.04 (111.39%)

19:25
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12/09
19:25
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19:25
Conference/Events
Forty Seven to hold an investor event »

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  • 09

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ARQL

ArQule

$19.71

10.035 (103.77%)

19:25
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12/09
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19:25
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  • 09

    Dec

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    Dec

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    Dec

XNCR

Xencor

$41.41

0.39 (0.95%)

19:25
12/09/19
12/09
19:25
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19:25
Conference/Events
Xencor to host analyst & investor meeting »

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  • 09

    Dec

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    Dec

ABR

Arbor Realty

$14.78

(0.00%)

19:20
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Arbor Realty 6.5M share Spot Secondary priced at $14.14 »

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  • 10

    Dec

STRM

Streamline Health

$1.25

-0.04 (-3.10%)

18:59
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Streamline Health delaying Q3 results to resolve amortization charge »

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NLOK

NortonLifeLock

$25.43

-0.02 (-0.08%)

, INTC

Intel

$56.52

-0.28 (-0.49%)

18:55
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Periodicals
McAfee weighs combination with NortonLifeLock, WSJ reports »

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NLOK

NortonLifeLock

$25.43

-0.02 (-0.08%)

INTC

Intel

$56.52

-0.28 (-0.49%)

AVGO

Broadcom

$314.49

-1.68 (-0.53%)

03/08/13
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  • 09

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  • 23

    Jan

TGTX

TG Therapeutics

$9.28

2.17 (30.52%)

18:55
12/09/19
12/09
18:55
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Conference/Events
TG Therapeutics to host investor & analyst meeting »

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  • 09

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NTNX

Nutanix

$33.87

-0.725 (-2.10%)

18:41
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Nutanix CEO: We are transitioning to a subscription-based model »

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  • 09

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SFIX

Stitch Fix

$25.17

1.04 (4.31%)

, MDB

MongoDB

$131.03

-0.19 (-0.14%)

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Stitch Fix

$25.17

1.04 (4.31%)

MDB

MongoDB

$131.03

-0.19 (-0.14%)

PHR

Phreesia

$29.01

-0.09 (-0.31%)

CDMO

Avid Bioservices

$5.85

0.05 (0.86%)

MTN

Vail Resorts

$231.30

-1.43 (-0.61%)

TOL

Toll Brothers

$41.40

0.515 (1.26%)

EQ

Equillium

$4.00

-0.03 (-0.74%)

SUPN

Supernus

$22.69

-0.145 (-0.63%)

A

Agilent

$81.68

-0.545 (-0.66%)

HEPA

Hepion Pharmaceuticals

$5.61

0.4 (7.68%)

ROAD

Construction Partners

$20.56

0.66 (3.32%)

CASY

Casey's General Stores

$175.33

-0.47 (-0.27%)

CHWY

Chewy

$24.17

-0.76 (-3.05%)

LVGO

Livongo Health

$27.40

-0.6 (-2.14%)

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  • 09

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  • 18

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    Dec

BLUE

Bluebird Bio

$76.72

-2.79 (-3.51%)

, BMY

Bristol-Myers

$61.32

1.38 (2.30%)

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Bluebird Bio, Bristol-Myers present update on Phase 1 study of bb21217 »

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Bluebird Bio

$76.72

-2.79 (-3.51%)

BMY

Bristol-Myers

$61.32

1.38 (2.30%)

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  • 09

    Dec

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BA

Boeing

$351.25

-2.74 (-0.77%)

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  • 10

    Dec

OXY

Occidental Petroleum

$37.34

-0.07 (-0.19%)

18:21
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Occidental Petroleum director buys 12.9K shares of common stock »

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  • 09

    Dec

OXY

Occidental Petroleum

$37.34

-0.07 (-0.19%)

18:14
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Occidental Petroleum director buys 10K shares of common stock »

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  • 09

    Dec

EDIT

Editas Medicine

$30.34

-0.6 (-1.94%)

18:02
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MSB

Mesabi Trust

$23.93

0.71 (3.06%)

, CLF

Cleveland-Cliffs

$8.52

0.38 (4.67%)

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Mesabi Trust initiates arbitration against Northshore Mining, Cleveland-Cliffs »

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MSB

Mesabi Trust

$23.93

0.71 (3.06%)

CLF

Cleveland-Cliffs

$8.52

0.38 (4.67%)

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