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UAL

United Continental

$83.34

-2.27 (-2.65%)

, JBLU

JetBlue

$17.36

-0.24 (-1.36%)

19:49
01/22/19
01/22
19:49
01/22/19
19:49

Normal operations at Newark Airport have resumed after reported drone activity

Newark International Airport announced: "Normal #EWR operations have resumed after arrivals were briefly held by the FAA due to reports of drone activity north of the airport earlier this evening. We're coordinating with the FAA & fully supporting all federal law enforcement authorities as they investigate this incident."

UAL

United Continental

$83.34

-2.27 (-2.65%)

JBLU

JetBlue

$17.36

-0.24 (-1.36%)

AAL

American Airlines

$32.75

-1.21 (-3.56%)

LUV

Southwest

$50.54

-1.04 (-2.02%)

DAL

Delta Air Lines

$47.10

-1 (-2.08%)

  • 24

    Jan

  • 24

    Jan

  • 24

    Jan

  • 04

    Mar

UAL United Continental
$83.34

-2.27 (-2.65%)

01/17/19
IMPC
01/17/19
NO CHANGE
Target $78
IMPC
Underperform
United Continental price target raised to $78 from $73 at Imperial Capital
Imperial Capital analyst Michael Derchin raised his price target for United Continental Holdings (UAL) to $78 citing the company's better than expected Q4 results. The analyst, however, keeps an Underperform rating on the shares. United's unit revenue momentum is expected to slow meaningfully and possibly inflect to negative territory by the second half of 2019, resulting in shares trading at similar valuations as American Airlines (AAL), Derchin tells investors in a research note. He points out United shares are currently trading at a 40% premium to American and a 5% premium to Delta Air Lines (DAL).
01/16/19
STFL
01/16/19
NO CHANGE
Target $120
STFL
Buy
United gains coming at Delta's, American's expense, says Stifel
Stifel analyst Joseph DeNardi said in a note entitled "A 4Q So Good It Almost Makes You Forget about Cody Parkey...Too Soon?" that he believes United Continental's (UAL) Q4 beat combined with misses from Delta (DAL) and American (AAL) support the view that the former's gains are coming at the expense of the latter two airlines. While Scott Kirby provided "a compelling defense" of why United's share gains will not incite a competitive response from Delta and American, DeNardi noted that "airlines have behaved irrationally before" and he sees the risk of a response increasing with United's relative success. He keeps a Buy rating on United following the company's earnings beat but lowered his price target to $120 from $130 based on his sum-of-the-parts valuation, which values the core airline at $55 per share and the marketing company at $65 per share.
01/11/19
SPHN
01/11/19
NO CHANGE
SPHN
Overweight
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.
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.
JBLU JetBlue
$17.36

-0.24 (-1.36%)

01/10/19
JPMS
01/10/19
DOWNGRADE
Target $18
JPMS
Neutral
JetBlue downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Jamie Baker downgraded JetBlue Airways to Neutral and lowered his price target for the shares to $18 from $20.
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
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Lockheed Martin (LMT) downgraded to Equal Weight from Overweight at Morgan Stanley. 2. JetBlue (JBLU) downgraded to Neutral from Overweight at JPMorgan with analyst Jamie Baker lowering his price target for the shares to $18 from $20. 3. Weatherford (WFT) downgraded to Market Perform from Outperform at BMO Capital with analyst Daniel Boyd saying the stock represents a "call-option on the oil cycle," but sees that option "suffering from time decay" and an adverse macro environment. 4. Yelp (YELP) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Brian Nowak saying he identified three building revenue headwinds that he believes will lead to negative revisions and underperformance of the stock. 5. Dollar Tree (DLTR) downgraded to Perform from Outperform at Oppenheimer with analyst Rupesh Parikh saying he now views shares as fully valued and sees the case for upside as less attractive. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/14/19
IMPC
01/14/19
NO CHANGE
Target $25
IMPC
Outperform
JetBlue remains a top idea at Imperial Capital
Imperial Capital analyst Michael Derchin says JetBlue Airways remains one of his top ideas following the company's December traffic release. The Street is discounting the company's ability to reach its $2.50-$3.00 fiscal 2020 earnings target, Derchin tells investors in a research note. The analyst expects JetBlue to reach its target and he keeps an Outperform rating on the shares with a $25 price target.
AAL American Airlines
$32.75

-1.21 (-3.56%)

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.
LUV Southwest
$50.54

-1.04 (-2.02%)

12/07/18
WOLF
12/07/18
UPGRADE
WOLF
Outperform
Southwest upgraded to Outperform from Peer Perform at Wolfe Research
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.
01/10/19
COWN
01/10/19
DOWNGRADE
COWN
Market Perform
Southwest downgraded to Market Perform from Outperform at Cowen
DAL Delta Air Lines
$47.10

-1 (-2.08%)

01/15/19
GSCO
01/15/19
NO CHANGE
Target $66
GSCO
Neutral
Delta revenue trend commentary more positive than negative, says Goldman Sachs
Goldman Sachs analyst Catherine O'Brien said Delta Air Lines management's commentary on revenue trends was more positive than negative, noting that they said January bookings to date had rebounded to pre-holiday levels. She was also encouraged that corporate bookings thus far for January are up 7%, which she notes is "essentially in-line" with both the December quarter and FY18 corporate revenue increases. On the down side, management said headwinds from the U.S. partial government shutdown and a potential slowing of demand from Europe weighed on their forward RASM guidance. O'Brien trimmed her price target on Delta shares to $66 from $67 and keeps a Neutral rating on the stock, stating that she sees relatively higher upside in other airline stocks.
01/14/19
01/14/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Delta Air Lines (DAL) downgraded to Neutral from Buy at BofA/Merrill with analyst Andrew Didora saying his Flight Indicator data analysis suggests a "deceleration in domestic PRASM" in the first half of the year, coupled with other slowing demand indicators that include "weak ISM survey, declining CEO Confidence, airline pricing growth off highs, currency headwind, and government shutdown." 2. Illinois Tool Works (ITW) downgraded to Neutral from Buy at Citi with analyst Andrew Kaplowtiz saying the company's "overexposure" to "slowing" Europe is a risk. 3. Chevron (CVX) downgraded to Hold from Buy at HSBC with analyst Gordon Gray saying the scale of U.S. supply, and its responsiveness to any significant hike in price, will likely limit the price upside for crude. 4. Arconic (ARNC) downgraded to Neutral from Overweight at JPMorgan with analyst Michael Gambardella citing valuation. 5. XPO Logistics (XPO) downgraded to Sector Weight from Overweight at KeyBanc with analyst Todd Fowler citing his view that the big and bulky final mile market is increasingly competitive, along with ongoing uncertainty around European end markets. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

XYF

X Financial

$6.23

0.715 (12.98%)

17:23
03/18/19
03/18
17:23
03/18/19
17:23
Earnings
X Financial reports Q4 EPS 24c, two estimates 24c »

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CADE

Cadence Bancorp

$20.24

0.51 (2.58%)

17:22
03/18/19
03/18
17:22
03/18/19
17:22
Hot Stocks
Cadence Bancorp President Samuel Tortorici buys almost $1M in company shares »

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CELP

Cypress Energy

$7.41

0.06 (0.82%)

17:22
03/18/19
03/18
17:22
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17:22
Syndicate
Breaking Syndicate news story on Cypress Energy »

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  • 18

    Mar

JWN

Nordstrom

$44.21

0.465 (1.06%)

17:21
03/18/19
03/18
17:21
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17:21
Syndicate
Breaking Syndicate news story on Nordstrom »

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GD

General Dynamics

$171.73

2.13 (1.26%)

17:20
03/18/19
03/18
17:20
03/18/19
17:20
Hot Stocks
General Dynamics awarded $2.04B Navy submarine material contract modification »

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  • 28

    May

FFIN

First Financial

$61.60

0.44 (0.72%)

, MBFI

MB Financial

$47.20

0.63 (1.35%)

17:19
03/18/19
03/18
17:19
03/18/19
17:19
Hot Stocks
S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

First Financial…

FFIN

First Financial

$61.60

0.44 (0.72%)

MBFI

MB Financial

$47.20

0.63 (1.35%)

FOE

Ferro

$18.88

0.125 (0.67%)

FITB

Fifth Third

$28.74

0.42 (1.48%)

03/08/13
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    Apr

FOE

Ferro

$18.88

0.125 (0.67%)

, FFIN

First Financial

$61.60

0.44 (0.72%)

17:17
03/18/19
03/18
17:17
03/18/19
17:17
Hot Stocks
Breaking Hot Stocks news story on Ferro, First Financial »

Ferro to replace First…

FOE

Ferro

$18.88

0.125 (0.67%)

FFIN

First Financial

$61.60

0.44 (0.72%)

03/08/13
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  • 23

    Apr

FFIN

First Financial

$61.60

0.44 (0.72%)

, MBFI

MB Financial

$47.20

0.63 (1.35%)

17:17
03/18/19
03/18
17:17
03/18/19
17:17
Hot Stocks
First Financial to replace MB Financial in S&P 400 at open on 3/22 »

Fifth Third Bancorp…

FFIN

First Financial

$61.60

0.44 (0.72%)

MBFI

MB Financial

$47.20

0.63 (1.35%)

FITB

Fifth Third

$28.74

0.42 (1.48%)

03/08/13
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03/06/13
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CUTR

Cutera

$18.00

-0.29 (-1.59%)

17:13
03/18/19
03/18
17:13
03/18/19
17:13
Hot Stocks
Cutera director Daniel Plants buys almost $1.5M in company shares »

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  • 28

    Mar

SMTX

SMTC Corp.

$4.41

-0.1 (-2.22%)

17:13
03/18/19
03/18
17:13
03/18/19
17:13
Syndicate
Breaking Syndicate news story on SMTC Corp. »

SMTC Corp. files $50M…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

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    May

SNE

Sony

$46.10

-0.16 (-0.35%)

, AAPL

Apple

$188.03

1.83 (0.98%)

17:09
03/18/19
03/18
17:09
03/18/19
17:09
Periodicals
PlayStation Vue now lets Apple TV users watch four channels at once, Verge says »

According to the…

SNE

Sony

$46.10

-0.16 (-0.35%)

AAPL

Apple

$188.03

1.83 (0.98%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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VRRM

Verra Mobility

$10.89

0.15 (1.40%)

17:08
03/18/19
03/18
17:08
03/18/19
17:08
Earnings
Verra Mobility reports Q4 net ($38.0M) vs. ($29.2M) last year »

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  • 18

    Mar

EQH

AXA Equitable

$20.86

0.09 (0.43%)

17:06
03/18/19
03/18
17:06
03/18/19
17:06
Syndicate
AXA Equitable files to sell 40M shares of common stock for holders »

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DIS

Disney

$113.07

-1.89 (-1.64%)

17:04
03/18/19
03/18
17:04
03/18/19
17:04
Hot Stocks
ESPN+ to become exclusive distributor of UFC Pay-Per-View events »

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  • 11

    Apr

STML

Stemline

$12.92

-0.71 (-5.21%)

17:02
03/18/19
03/18
17:02
03/18/19
17:02
Recommendations
Stemline analyst commentary at Piper Jaffray »

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REV

Revlon

$19.39

0.42 (2.21%)

17:02
03/18/19
03/18
17:02
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17:02
Hot Stocks
Revlon down 15% after Q4 results miss estimates »

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  • 18

    Mar

ATR

AptarGroup

$103.69

0.75 (0.73%)

17:01
03/18/19
03/18
17:01
03/18/19
17:01
Hot Stocks
AptarGroup's Bidose approved by FDA for breakthrough treatment of depression »

Aptar Pharma announced…

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  • 01

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    May

XELA

Exela Technologies

$3.82

-0.03 (-0.78%)

16:57
03/18/19
03/18
16:57
03/18/19
16:57
Earnings
Exela Technologies sees FY19 revenue $1.66B-$1.7B, consensus $1.68B »

Sees FY19 adjusted EBITDA…

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  • 18

    Mar

XELA

Exela Technologies

$3.82

-0.03 (-0.78%)

16:56
03/18/19
03/18
16:56
03/18/19
16:56
Earnings
Exela Technologies reports Q4 revenue $399.6M, consensus $401.4M »

Reports Q4 adjusted…

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  • 18

    Mar

BIO

Bio-Rad

$313.64

3.58 (1.15%)

16:55
03/18/19
03/18
16:55
03/18/19
16:55
Hot Stocks
Bio-Rad extends 10-K filing by 15 days to complete year-end procedures »

In a regulatory 8-K…

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AERI

Aerie Pharmaceuticals

$47.09

0.09 (0.19%)

16:55
03/18/19
03/18
16:55
03/18/19
16:55
Conference/Events
Aerie Pharmaceuticals management to meet with JMP Securities »

Group Dinner Meeting to…

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  • 18

    Mar

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  • 08

    Apr

NOMD

Nomad Foods

$21.45

-0.07 (-0.33%)

16:54
03/18/19
03/18
16:54
03/18/19
16:54
Syndicate
Nomad Foods files to sell 20M ordinary shares »

Goldman Sachs & Co.…

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FIS

FIS

$108.14

-0.73 (-0.67%)

, WP

Worldpay

$108.52

9.8 (9.93%)

16:54
03/18/19
03/18
16:54
03/18/19
16:54
Conference/Events
FIS management to meet with Wolfe Research »

Senior Payments & IT…

FIS

FIS

$108.14

-0.73 (-0.67%)

WP

Worldpay

$108.52

9.8 (9.93%)

03/08/13
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  • 18

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  • 04

    Apr

ORN

Orion Group

$4.23

0.145 (3.55%)

16:52
03/18/19
03/18
16:52
03/18/19
16:52
Hot Stocks
Orion Group delays filing of Form 10-K »

Orion Group Holdings said…

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  • 26

    Mar

YEXT

Yext

$23.00

0.33 (1.46%)

16:50
03/18/19
03/18
16:50
03/18/19
16:50
Syndicate
Yext files to sell 6.1M shares of common stock »

Goldman Sachs & Co.…

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