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NXST

Nexstar

$86.51

0.38 (0.44%)

, APO

Apollo Global

$30.33

0.14 (0.46%)

13:49
02/13/19
02/13
13:49
02/13/19
13:49

Apollo Global near deal to buy group of Nexstar stations, Bloomberg says

PE firm Apollo Global (APO) is nearing a deal to buy a group of local TV stations from Nextstar (NXST), according to Nabila Ahmed and Kiel Porter of Bloomberg, who cite people familiar with the matter.

NXST

Nexstar

$86.51

0.38 (0.44%)

APO

Apollo Global

$30.33

0.14 (0.46%)

  • 14

    Feb

NXST Nexstar
$86.51

0.38 (0.44%)

01/11/19
RBCM
01/11/19
NO CHANGE
Target $112
RBCM
Outperform
Nexstar price target raised to $112 from $96 at RBC Capital
RBC Capital analyst Leo Kulp raised his price target on Nexstar (NXST) to $112 to reflect the expected accretion from the pending Tribune Media (TRCO) deal. The analyst expects the merger to result in "meaningful shareholder value" and sees limited risk around regulatory approvals. Kulp also keeps his Outperform rating on Nexstar.
12/18/18
RILY
12/18/18
NO CHANGE
Target $123
RILY
Buy
Nexstar price target raised to $123 from $92 at B. Riley FBR
B. Riley FBR analyst Barton Crockett raised his price target for Nexstar Media Group (NXST) to $123 saying accretion from the pending Tribune Media (TRCO) is attractive and mitigates any recession risk. The analyst reiterates a Buy rating on the shares.
12/11/18
EVER
12/11/18
UPGRADE
EVER
Outperform
Nexstar upgraded to Outperform from In Line at Evercore ISI
12/07/18
WOLF
12/07/18
INITIATION
Target $112
WOLF
Outperform
Nexstar initiated with an Outperform at Wolfe Research
Wolfe Research initiated Nexstar with an Outperform rating and $112 price target.
APO Apollo Global
$30.33

0.14 (0.46%)

01/14/19
JPMS
01/14/19
DOWNGRADE
Target $22
JPMS
Neutral
Arconic downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Michael Gambardella downgraded Arconic (ARNC) to Neutral and lowered his price target for the shares to $22 from $24. The analyst cites valuation for the downgrade. The shares are gradually pricing in a buyout, which is appropriate, Gambardella tells investors in a research note. Bloomberg on January 2 reported that Apollo Global (APO) in talks to buy Arconic for $22 per share.
11/14/18
11/14/18
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. Apple (AAPL) downgraded to Neutral from Buy at Guggenheim with analyst Robert Cihra saying the average selling price of the iPhone has increased a "dramatic" $220, or 40%, over the past 10 years, reflecting its "growing value to both consumer and business markets." 2. Kellogg (K) downgraded to Neutral from Overweight at JPMorgan with analyst Ken Goldman saying that while nothing at the company's investor day "necessarily disappointed" him, he also did not gain "much comfort that the bottom-line turnaround would be swift." 3. Apollo Global (APO) and Carlyle Group (CG) were downgraded to Equal Weight from Overweight at Morgan Stanley. 4. Conagra Brands (CAG) downgraded to Underperform from Market Perform at Bernstein with analyst Alexia Howard saying the frozen category has experienced positive growth over the past year, largely led by new product innovation from Conagra and Pinnacle Foods, but this now seems to be running out of steam. 5. Tenneco (TEN) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Armintas Sinkevicius citing its elevated leverage and limited free cash flow conversion in what he views as an increasingly uncertain environment for auto suppliers. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/14/18
MSCO
11/14/18
DOWNGRADE
MSCO
Equal Weight
Morgan Stanley downgrades Apollo Global and Carlyle, favors brokers late cycle
As previously reported, Morgan Stanley analyst Michael Cyprys downgraded Apollo Global (APO) and Carlyle Group (CG), each to Equal Weight from Overweight, stating that he sees growing risk to portfolio harvesting and dividends and favors discount brokers in a more volatile, late cycle environment. On Apollo, he said he now has less conviction that cash performance fees can accelerate over the next 12 months given the more volatile market backdrop. On Carlyle, he sees risk to growing cash performance fees with increased market volatility. Cyprys lowered his price target on Apollo shares to $34 from $42 and cut his price target on Carlyle shares to $23 from $31.
11/14/18
MSCO
11/14/18
UPGRADE
MSCO
Overweight
Morgan Stanley upgrades TD Ameritrade, favors brokers late cycle
As previously reported, Morgan Stanley analyst Michael Cyprys upgraded TD Ameritrade (AMTD) to Overweight from Equal Weight, stating that he favors discount brokers in a more volatile, late cycle environment. Among the group, TD Ameritrade has the most countercyclical revenue streams, with 27% of revenue tied to trading commissions that tend to spike in volatile environments, Cyprys tells investors. He raised his price target on TD Ameritrade shares to $65 from $61. Cyprys, who also sees growing risk to portfolio harvesting and dividends, lowered his ratings on alternative asset managers Apollo Global (APO) and Carlyle Group (CG), each to Equal Weight.

TODAY'S FREE FLY STORIES

ARGO

Argo Group

$69.17

0.15 (0.22%)

18:25
02/20/19
02/20
18:25
02/20/19
18:25
Hot Stocks
Argo Group raises quarterly dividend to 31c per share from 27c »

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GLD

SPDR Gold Shares

$126.47

-0.23 (-0.18%)

18:23
02/20/19
02/20
18:23
02/20/19
18:23
Hot Stocks
SPDR Gold Shares holdings rise to 794.50MT from 792.45MT »

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SP

SP Plus Corp.

$36.62

0.15 (0.41%)

18:20
02/20/19
02/20
18:20
02/20/19
18:20
Earnings
SP Plus Corp. sees FY19 EPS $2.56-$2.66, consensus $2.59 »

Sees FY19 adjusted EBITDA…

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  • 21

    Feb

GM

General Motors

$39.96

0.43 (1.09%)

, VLKAY

Volkswagen

$0.00

(0.00%)

18:20
02/20/19
02/20
18:20
02/20/19
18:20
Periodicals
Austria's Kurz says Trump, EU far apart on auto tariffs, Bloomberg says »

Austrian Chancellor…

GM

General Motors

$39.96

0.43 (1.09%)

VLKAY

Volkswagen

$0.00

(0.00%)

NSANY

Nissan

$0.00

(0.00%)

F

Ford

$8.94

0.115 (1.30%)

FCAU

Fiat Chrysler

$15.04

0.2 (1.35%)

HMC

Honda

$27.61

0.05 (0.18%)

TM

Toyota

$122.81

1.28 (1.05%)

DDAIF

Daimler AG

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 20

    Feb

  • 04

    Mar

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    Mar

  • 25

    Apr

  • 24

    Jul

  • 23

    Oct

SP

SP Plus Corp.

$36.62

0.15 (0.41%)

18:18
02/20/19
02/20
18:18
02/20/19
18:18
Earnings
SP Plus reports Q4 adjusted EPS 57c, consensus 48c »

Reports Q4 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 21

    Feb

LBY

Libbey

$5.75

0.15 (2.68%)

18:14
02/20/19
02/20
18:14
02/20/19
18:14
Earnings
Libbey sees FY19 revenue increase in low single digits, one estimate $806.6M »

Sees FY19 adjusted EBITDA…

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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  • 21

    Feb

LBY

Libbey

$5.75

0.15 (2.68%)

18:13
02/20/19
02/20
18:13
02/20/19
18:13
Earnings
Libbey reports Q4 EPS (18c), two estimates 24c »

Reports Q4 revenue…

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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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  • 21

    Feb

NTES

NetEase

$232.66

3.11 (1.35%)

18:07
02/20/19
02/20
18:07
02/20/19
18:07
Hot Stocks
NetEase reports Q4 online game service revenues up 37.7% at $1.6B »

Reports Q4 e-commerce…

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03/06/13
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03/06/13
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  • 20

    Feb

NTES

NetEase

$232.66

3.11 (1.35%)

18:05
02/20/19
02/20
18:05
02/20/19
18:05
Hot Stocks
NetEase declares Q4 quarterly dividend of 48c vs 45c in Q3 »

The dividend is expected…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 20

    Feb

NTES

NetEase

$232.66

3.11 (1.35%)

18:04
02/20/19
02/20
18:04
02/20/19
18:04
Earnings
NetEase reports Q4 EPS $2.66, consensus $1.54 »

Reports Q4 revenue…

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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  • 20

    Feb

LEE

Lee Enterprises

$2.61

0.01 (0.38%)

18:04
02/20/19
02/20
18:04
02/20/19
18:04
Hot Stocks
Lee Enterprises board approves $10M stock repurchase program »

Lee Enterprises announced…

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03/08/13
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03/06/13
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KRNY

Kearny Financial

$13.48

-0.01 (-0.07%)

18:03
02/20/19
02/20
18:03
02/20/19
18:03
Hot Stocks
Kearny Financial raises quarterly dividend to 6c per share from 5c »

The dividend is payable…

03/08/13
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03/06/13
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03/06/13
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CPRT

Copart

$53.43

0.11 (0.21%)

18:02
02/20/19
02/20
18:02
02/20/19
18:02
Earnings
Breaking Earnings news story on Copart »

Copart reports Q2…

03/08/13
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03/08/13
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03/06/13
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  • 21

    Feb

  • 05

    Mar

CE

Celanese

$102.65

1.71 (1.69%)

18:02
02/20/19
02/20
18:02
02/20/19
18:02
Hot Stocks
Celanese raises Acetyl Intermediates price by 5c per lb »

Celanese will increase…

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03/06/13
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03/06/13
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CPRT

Copart

$53.43

0.11 (0.21%)

18:01
02/20/19
02/20
18:01
02/20/19
18:01
Earnings
Copart reports Q2 EPS 55c, consensus 51c »

Reports Q2 revenue…

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03/08/13
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  • 21

    Feb

  • 05

    Mar

WPG

Washington Prime

$5.77

(0.00%)

17:50
02/20/19
02/20
17:50
02/20/19
17:50
Earnings
Breaking Earnings news story on Washington Prime »

Washington Prime sees…

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  • 21

    Feb

CPA

Copa Holdings

$89.89

-0.8 (-0.88%)

, GE

General Electric

$10.10

-0.03 (-0.30%)

17:49
02/20/19
02/20
17:49
02/20/19
17:49
Hot Stocks
Copa Airlines picks GE Aviation for digital records management »

Copa Airlines (CPA) has…

CPA

Copa Holdings

$89.89

-0.8 (-0.88%)

GE

General Electric

$10.10

-0.03 (-0.30%)

BA

Boeing

$421.61

5.21 (1.25%)

ERJ

Embraer

$20.52

-0.14 (-0.68%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 20

    Feb

  • 26

    Feb

  • 11

    Mar

  • 12

    Mar

  • 14

    Mar

  • 28

    May

WPG

Washington Prime

$5.77

(0.00%)

17:49
02/20/19
02/20
17:49
02/20/19
17:49
Earnings
Washington Prime reports Q4 AFFO 38c, one estimate 39c »

Reports Q4 revenue…

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  • 21

    Feb

RMAX

RE/MAX Holdings

$40.54

0.11 (0.27%)

17:48
02/20/19
02/20
17:48
02/20/19
17:48
Hot Stocks
RE/MAX Holdings raises quarterly dividend 5% to 21c per share »

The dividend is payable…

03/08/13
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03/06/13
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  • 22

    Feb

  • 22

    Feb

  • 08

    Mar

  • 13

    Mar

MSA

MSA Safety

$100.06

-1.13 (-1.12%)

17:46
02/20/19
02/20
17:46
02/20/19
17:46
Earnings
MSA Safety reports Q4 adjusted EPS $1.27, consensus $1.27 »

Reports Q4 revenue…

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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  • 21

    Feb

TFX

Teleflex

$286.65

4.57 (1.62%)

, PINC

Premier

$38.05

-0.03 (-0.08%)

17:31
02/20/19
02/20
17:31
02/20/19
17:31
Hot Stocks
Teleflex awarded SURPASS deal with Premier »

Teleflex (TFX) has been…

TFX

Teleflex

$286.65

4.57 (1.62%)

PINC

Premier

$38.05

-0.03 (-0.08%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

  • 22

    Feb

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    Feb

  • 03

    Mar

  • 06

    Mar

AGI

Alamos Gold

$4.87

0.05 (1.04%)

17:31
02/20/19
02/20
17:31
02/20/19
17:31
Earnings
Alamos Gold reports Q4 adjusted EPS 1c, consensus 6c »

Reports Q4 revenue…

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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  • 21

    Feb

NTR

Nutrien

$54.43

1.075 (2.02%)

17:30
02/20/19
02/20
17:30
02/20/19
17:30
Hot Stocks
Nutrien intends to renew share repurchase program »

Nutrien announced that…

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  • 24

    Feb

  • 24

    Feb

  • 27

    Feb

  • 27

    Feb

AKRX

Akorn

$4.03

-0.42 (-9.44%)

, FSNUY

Fresenius SE

$0.00

(0.00%)

17:28
02/20/19
02/20
17:28
02/20/19
17:28
Hot Stocks
Akorn 'strongly contests' Fresenius' proposed amended claims »

Akorn, Inc. (AKRX) said…

AKRX

Akorn

$4.03

-0.42 (-9.44%)

FSNUY

Fresenius SE

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 28

    Feb

  • 28

    Feb

  • 01

    May

MESO

Mesoblast

$4.28

0.13 (3.13%)

17:26
02/20/19
02/20
17:26
02/20/19
17:26
Earnings
Mesoblast reports 1H19 $44.1M loss versus 1H18 profit of $6.7M »

In the first half FY2019…

03/08/13
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  • 20

    Feb

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