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USB

U.S. Bancorp

$46.21

-1.05 (-2.22%)

18:00
12/19/18
12/19
18:00
12/19/18
18:00

U.S. Bancorp raises prime lending rate to 5.50% from 5.25%

U.S. Bancorp announced it has raised its prime lending rate to 5.50 percent from 5.25 percent, effective tomorrow, December 20, 2018, at all U.S. Bank locations.

  • 16

    Jan

USB U.S. Bancorp
$46.21

-1.05 (-2.22%)

11/27/18
11/27/18
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. Hormel Foods (HRL) downgraded to Hold from Buy at Jefferies with analyst Akshay Jagdale citing valuation. 2. Wyndham Hotels & Resorts (WH) downgraded to Buy from Conviction Buy at Goldman Sachs while Wyndham Destinations (WYND) was downgraded to Neutral from Buy. 3. U.S. Bancorp (USB) downgraded to Hold from Buy at Deutsche Bank with analyst Matthew O'Connor citing valuation. 4. Macerich (MAC) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Richard Hill saying he believes the market is underappreciating the company's free cash flow declines in 2019 and 2020. 5. Athenahealth (ATHN) downgraded to Market Perform from Outperform at Wells Fargo with analyst Jamie Stockton saying he suspects a proxy will come out in the next week or two detailing the full process since June to try to sell the company, which ultimately resulted in Veritas Capital and Elliott Management making a $135 all-cash offer on November 12. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/26/18
DBAB
11/26/18
DOWNGRADE
Target $63
DBAB
Hold
Deutsche Bank downgrades U.S. Bancorp to Hold on valuation
Deutsche Bank analyst Matthew O'Connor downgraded U.S. Bancorp to Hold from Buy with an unchanged price target of $63. The stock closed the trading day up 64c to $54.16. U.S. Bancorp now trades at a nearly 20% premium to peers given its improving operating leverage, up sharply from a low in the summer of a modest discount, O'Connor tells investors in a research note. While the analyst remains positive on the bank from a fundamental standpoint, he does not expect strong relative outperformance going forward given the current valuation.
11/26/18
DBAB
11/26/18
DOWNGRADE
Target $63
DBAB
Hold
U.S. Bancorp downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Matthew O'Connor downgraded U.S. Bancorp to Hold with an unchanged price target of $63.
11/19/18
PIPR
11/19/18
NO CHANGE
Target $62
PIPR
Overweight
U.S. Bancorp positioned to become 'best-in-class' again, says Piper Jaffray
After meeting with management, Piper Jaffray analyst Kevin Barker has increased conviction U.S. Bancorp will generate "meaningful" operating leverage in 2019 and likely continue into 2020 despite industry-wide revenue headwinds. The company appears poised to see expense growth moderate while conditions appear positive for several fee income line items, Barker tells investors in a research note. The analyst believes U.S. Bancorp is in a position to regain the "'best-in-class' crown it once wore for several years." He raised his price target for the shares to $62 from $61 and reiterates an Overweight rating on the name.

TODAY'S FREE FLY STORIES

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PLSE

Pulse Biosciences

$14.52

0.525 (3.75%)

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TW

Tradeweb Markets

$43.20

0.87 (2.06%)

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SWDAF

Software AG

$0.00

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PBR

Petrobras

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-0.22 (-1.50%)

18:57
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MRTN

Marten Transport

$21.52

0.31 (1.46%)

, ISRG

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TEAM

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GIL

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0.095 (0.27%)

BDN

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$14.68

0.13 (0.89%)

EXPO

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WDFC

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VICR

Vicor Corporation

$32.78

1.16 (3.67%)

OZK

Bank OZK

$28.32

0.03 (0.11%)

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ARWR

Arrowhead

$36.61

2.11 (6.12%)

, AMGN

Amgen

$203.60

0.32 (0.16%)

18:43
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Arrowhead CEO: We can silence a single gene »

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ARWR

Arrowhead

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AMGN

Amgen

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JNJ

Johnson & Johnson

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  • 29

    Oct

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SXT

Sensient

$66.57

0.4 (0.60%)

18:32
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Hot Stocks
Sensient raises quarterly dividend 8.3% to 39c per share »

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  • 18

    Oct

T

AT&T

$37.82

0.03 (0.08%)

18:31
10/17/19
10/17
18:31
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18:31
Periodicals
HBO Max to stream Studio Ghibli films, Reuters says »

AT&T's upcoming…

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OMAB

OMA

$52.10

0.47 (0.91%)

18:19
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Earnings
OMA reports Q3 net income MXN858M vs. MXN725M last year »

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  • 18

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MAR

Marriott

$120.57

-0.55 (-0.45%)

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Periodicals
Marriott near deal for Elegant Hotels valued up to GBP1 / shr, Bloomberg says »

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  • 05

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SPY

SPDR S&P 500 ETF Trust

$299.19

0.78 (0.26%)

, SPX

S&P 500

$0.00

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SPX

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GM

General Motors

$36.20

-0.45 (-1.23%)

17:47
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Periodicals
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  • 29

    Oct

T

AT&T

$37.82

0.03 (0.08%)

17:37
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17:37
Periodicals
AT&T, Elliott Management in talks to resolve activist campaign, WSJ reports »

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  • 28

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WAL

Western Alliance

$46.24

0.53 (1.16%)

17:27
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Earnings
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  • 18

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RNLSY

Renault

$0.00

(0.00%)

17:25
10/17/19
10/17
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17:25
Downgrade
Renault rating change at Deutsche Bank »

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LOVE

Lovesac

$19.10

0.63 (3.41%)

17:24
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Park West Management reports 5.1% passive stake in Lovesac »

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  • 17

    Dec

T

AT&T

$37.82

0.03 (0.08%)

17:24
10/17/19
10/17
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17:24
Periodicals
Breaking Periodicals news story on AT&T »

AT&T in discussions…

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  • 28

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    Nov

ATVI

Activision Blizzard

$55.60

0.01 (0.02%)

17:16
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Activision says Call of Duty to get 'battle pass' feature, 'not loot box system' »

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  • 18

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BDN

Brandywine Realty

$14.68

0.13 (0.89%)

17:11
10/17/19
10/17
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Hot Stocks
Brandywine Realty sees FY19 year-end core occupancy at 94%-95% »

Also sees FY20 year-end…

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  • 18

    Oct

BDN

Brandywine Realty

$14.68

0.13 (0.89%)

17:10
10/17/19
10/17
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10/17/19
17:10
Hot Stocks
Brandywine Realty reports Q3 same-store net operating income up 0.6% »

Reports Q3 occupancy…

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  • 18

    Oct

BDN

Brandywine Realty

$14.68

0.13 (0.89%)

17:09
10/17/19
10/17
17:09
10/17/19
17:09
Earnings
Brandywine Realty sees FY20 initial FFO $1.41-$1.51, consensus $1.46 »

Sees FY20 same-store net…

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  • 18

    Oct

GIL

Gildan Activewear

$35.38

0.095 (0.27%)

17:08
10/17/19
10/17
17:08
10/17/19
17:08
Earnings
Gildan Activewear cuts FY19 adj. EPS view to $1.65-$1.70 from $1.95-$2.00 »

Consensus $1.97. Cuts…

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BDN

Brandywine Realty

$14.68

0.13 (0.89%)

17:07
10/17/19
10/17
17:07
10/17/19
17:07
Earnings
Brandywine Realty narrows FY19 FFO guidance to $1.41-$1.43 from $1.40-$1.44 

Consensus $1.42.

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  • 18

    Oct

BDN

Brandywine Realty

$14.68

0.13 (0.89%)

17:07
10/17/19
10/17
17:07
10/17/19
17:07
Earnings
Brandywine Realty reports Q3 FFO 36c, consensus 36c »

Reports Q3 revenue…

03/08/13
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  • 18

    Oct

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