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UAL

United Continental

$81.38

-2.39 (-2.85%)

, LUV

Southwest

$48.98

-0.15 (-0.31%)

08:07
01/11/19
01/11
08:07
01/11/19
08:07

United Continental, Southwest estimates lowered at Stephens

Stephens analyst Jack Atkins said the weaker than expected Q4 unit revenue outlooks from Delta (DAL) and American Airlines (AAL) over the past week showed his that his forecasts for the sector "were clearly too aggressive" and he has lowered his forecasts for United Continental (UAL) and Southwest (LUV) in response to the slower growth in the domestic market. He cut his Q 4 PRASM growth forecast for United to 3.5% from 4.4% and lowered his FY19 PRASM growth forecast to 0.6% from 2.2%. For Southwest, Atkins cut his FY19 RASM growth view to 2.1% from 3.6%. He keeps Overweight ratings on both United Continental and Southwest.

UAL

United Continental

$81.38

-2.39 (-2.85%)

LUV

Southwest

$48.98

-0.15 (-0.31%)

DAL

Delta Air Lines

$48.73

0.28 (0.58%)

AAL

American Airlines

$32.03

-1.4 (-4.19%)

  • 15

    Jan

  • 16

    Jan

  • 24

    Jan

  • 04

    Mar

UAL United Continental
$81.38

-2.39 (-2.85%)

01/10/19
JPMS
01/10/19
NO CHANGE
JPMS
JPMorgan upgrades United and Alaska Air, downgrades JetBlue
JPMorgan analyst Jamie Baker raised his 2019 estimates "across the board" for the U.S. Airlines ahead of next week's earnings kickoff. However, he says the earnings raises are for the "wrong reasons," namely cheaper fuel and softer RASM. JetBlue Airways' (JBLU) forecasted upside potential falls below 10% after the analyst reduced his target multiples. As such, he downgraded the shares to Neutral from Overweight. The analyst also upgraded Alkaska Air Group (ALK) to Neutral from Underweight rating saying his 2020 earnings forecast for the company is the only one to rise materially. In addition, the analyst upgraded United Continental Holdings (UAL) to Overweight from Neutral. The analyst sees an attractive risk/reward profile following the stock's 14% selloff from just five weeks ago.
01/10/19
01/10/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Constellation Brands (STZ) upgraded to Buy from Neutral at Goldman Sachs and to Neutral from Sell at Guggenheim. 2. Boeing (BA) upgraded to Overweight from Equal Weight at Morgan Stanley. 3. Lockheed Martin (LMT) upgraded to Buy from Hold at Vertical Group. 4. United Continental (UAL) upgraded to Overweight from Neutral at JPMorgan while Alaska Air (ALK) was upgraded to Neutral from Underweight. 5. Twitter (TWTR) double upgraded to Buy from Underperform at BofA/Merrill with analyst Justin Post citing a survey he conducted which showed Twitter penetration increased to 48% of respondents and the percentage of users reporting deceased usage fell slightly. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/10/19
JPMS
01/10/19
UPGRADE
Target $95
JPMS
Overweight
United Continental upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Jamie Baker upgraded United Continental Holdings to Overweight with a $95 price target.
01/09/19
01/09/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Nike (NKE) downgraded to Neutral from Outperform at Baird with analyst Jonathan Komp citing its relative valuation and concerns about its high P/E premium. 2. Oracle (ORCL) downgraded to Equal Weight from Overweight at Barclays with analyst Raimo Lenscho saying the competitive situation in the company's core database market and cloud is "not getting easier." 3. Wendy's (WEN) downgraded to Neutral from Outperform at Wedbush. 4. Booking Holdings (BKNG) downgraded to Equal Weight from Overweight at Morgan Stanley and to Hold from Buy at Jefferies. 5. United Continental (UAL) downgraded to Underperform from In-Line at Imperial Capital while Delta Air Lines (DAL) was downgraded to In-Line from Outperform. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
LUV Southwest
$48.98

-0.15 (-0.31%)

01/10/19
COWN
01/10/19
DOWNGRADE
COWN
Market Perform
Southwest downgraded to Market Perform from Outperform at Cowen
11/28/18
SUSQ
11/28/18
INITIATION
Target $56
SUSQ
Neutral
Southwest initiated with a Neutral at Susquehanna
Susquehanna analyst Christopher Stathoulopoulos initiated Southwest with a Neutral rating and $56 price target.
12/14/18
IMPC
12/14/18
NO CHANGE
Target $57
IMPC
In-Line
Southwest price target lowered to $57 from $62 at Imperial Capital
Imperial Capital analyst Michael Derchin lowered his price target for Southwest Airlines to $57 after the company updated its Q4 projections. The analyst expects Southwest to face margin pressures through fiscal 2020 due to core cost inflation and unit revenue headwinds from its Hawaii operation. He keeps an In-Line rating on Southwest.
12/07/18
WOLF
12/07/18
UPGRADE
WOLF
Outperform
Southwest upgraded to Outperform from Peer Perform at Wolfe Research
DAL Delta Air Lines
$48.73

0.28 (0.58%)

01/09/19
IMPC
01/09/19
DOWNGRADE
Target $53
IMPC
In-Line
Delta Air Lines downgraded to In-Line from Outperform at Imperial Capital
Imperial Capital analyst Michael Derchin downgraded Delta Air Lines (DAL) to In-Line and lowered his price target for the shares to $53 from $77. Following the company's Q4 update, further declines in fuel prices and recent market volatility, the analyst reduced his valuations and unit revenue expectations "across the board to reflect conservatism." Among his baseline industry assumptions is the expectation for fewer fare increases by low cost carriers due to lower oil prices. Derchin says that considering Delta's near-term unit revenue outlook, "modest" fiscal 2019 guidance, and potential weakness in China, he struggles to find a catalyst for the stock's valuations to re-rate higher.
12/14/18
MSCO
12/14/18
NO CHANGE
Target $68
MSCO
Overweight
Delta investor day not bad despite share reaction, says Morgan Stanley
Morgan Stanley analyst Rajeev Lalwani said that contrary to the reaction in Delta Air Lines' shares, the company did not have a bad investor day. The market may have anticipated more aggressive FY19 EPS guidance, but he views the company's outlook of $6.00-7.00 as being "realistic and achievable," said Lalwani. The analyst, who sees a number of initiatives and improvements ahead on the revenue side and believes Delta's cost management efforts are on track, reiterates his Overweight rating and $68 price target on Delta shares.
01/09/19
IMPC
01/09/19
DOWNGRADE
Target $73
IMPC
Underperform
United Continental downgraded to Underperform from In-Line at Imperial Capital
Imperial Capital analyst Michael Derchin downgraded United Continental Holdings (UAL) to Underperform and lowered his price target for the shares to $73 from $110. Following Delta's (DAL) Q4 update, further declines in fuel prices and recent market volatility, the analyst reduced his valuations and unit revenue expectations "across the board to reflect conservatism." Among his baseline industry assumptions is the expectation for fewer fare increases by low cost carriers due to lower oil prices. United's unit revenue momentum is likely to slow meaningfully through fiscal 2020, resulting in shares trading at similar valuations as American Airlines (AAL), Derchin tells investors in a research note.
AAL American Airlines
$32.03

-1.4 (-4.19%)

01/09/19
IMPC
01/09/19
NO CHANGE
Target $45
IMPC
Outperform
American Airlines price target lowered to $45 from $55 at Imperial Capital
Imperial Capital analyst Michael Derchin lowered his price target for American Airlines (AAL) to $45 while keeping an Outperform rating on the shares. Following Delta's (DAL) Q4 update, further declines in fuel prices and recent market volatility, the analyst reduced his valuations and unit revenue expectations "across the board to reflect conservatism." However, he still believes American shares are attractive considering upside potential on unit revenues and valuations reflecting low expectations.
12/07/18
WOLF
12/07/18
DOWNGRADE
WOLF
Peer Perform
American Airlines downgraded to Peer Perform from Outperform at Wolfe Research
01/11/19
IMPC
01/11/19
NO CHANGE
Target $42
IMPC
Outperform
American Airlines shares offer attractive opportunity, says Imperial Capital
Imperial Capital analyst Michael Derchin lowered his price target for American Airlines to $42 from $45 after the company yesterday indicated that Q4 unit revenues are likely to be at the low end of previous guidance due to difficult comparisons and fares increasing at a slower rate than expected. However, the shares "present an attractive opportunity with valuations reflecting low expectations and upside potential on unit revenues," Derchin tells investors in a research note. He believes current share valuations and unit revenue estimates are likely underestimating American's potential upside. As such, the analyst keeps an Outperform rating on American Airlines.

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08:40
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08:37
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Tod's

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(0.00%)

08:36
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SFRGY

Salvatore Ferragamo

$0.00

(0.00%)

08:35
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08:35
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PRDSY

Prada

$0.00

(0.00%)

08:34
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PANDY

Pandora A/S

$0.00

(0.00%)

08:33
01/21/19
01/21
08:33
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08:33
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SLGGF

SolGold

$0.00

(0.00%)

08:32
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PCFBY

Pacific Basin Shipping

$0.00

(0.00%)

08:30
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08:30
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08:30
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08:30
General news
Oil Action: Front-month WTI futures are near flat »

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WFAFY

Wesfarmers

$0.00

(0.00%)

08:27
01/21/19
01/21
08:27
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08:27
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Wesfarmers rating change  »

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RTOKY

Rentokil

$0.00

(0.00%)

08:26
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BNTGY

Brenntag

$0.00

(0.00%)

08:25
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08:25
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08:25
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LOIMF

Loomis AB

$0.00

(0.00%)

08:24
01/21/19
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08:24
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Loomis AB rating change  »

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SFTBY

SoftBank; also use SFTBF

$0.00

(0.00%)

08:21
01/21/19
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08:21
Initiation
SoftBank; also use SFTBF initiated  »

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07:00
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CYDY

CytoDyn

$0.00

(0.00%)

04:55
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Conference/Events
CytoDyn participates in lunch meeting with Philadelphia Securities »

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MET

MetLife

$45.32

0.28 (0.62%)

19:55
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AMZN

Amazon.com

$1,696.01

4.01 (0.24%)

, TSLA

Tesla

$302.26

-45.18 (-13.00%)

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$1,696.01

4.01 (0.24%)

TSLA

Tesla

$302.26

-45.18 (-13.00%)

NFLX

Netflix

$339.20

-14.02 (-3.97%)

EA

Electronic Arts

$92.50

3.19 (3.57%)

ATVI

Activision Blizzard

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1.26 (2.66%)

CMCSA

Comcast

$36.21

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CMCSK

Comcast

$0.00

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COST

Costco

$213.59

2.15 (1.02%)

ILMN

Illumina

$312.66

2.53 (0.82%)

TMO

Thermo Fisher

$240.72

2.55 (1.07%)

DHR

Danaher

$107.43

1.88 (1.78%)

A

Agilent

$71.93

1.16 (1.64%)

TECH

Bio-Techne

$163.24

1.16 (0.72%)

NEM

Newmont Mining

$31.77

0.15 (0.47%)

GOLD

Barrick Gold

$11.78

-0.11 (-0.93%)

KRC

Kilroy Realty

$68.23

0.21 (0.31%)

VNO

Vornado

$66.40

1.04 (1.59%)

TCEHY

Tencent

$0.00

(0.00%)

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NTDOY

Nintendo

$0.00

(0.00%)

17:55
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17:55
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17:55
Periodicals
Nintendo investors starting to feel optimistic again, Bloomberg says »

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