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PRGO

Perrigo

$48.36

-0.84 (-1.71%)

, CAG

Conagra Brands

$22.91

0.095 (0.42%)

16:36
03/20/19
03/20
16:36
03/20/19
16:36

Perrigo CFO Ronald Winowiecki resigns, Ray Silcock to succeed

Perrigo (PRGO) announced that Ray Silcock will join the company as Executive Vice President and CFO, effective March 25. Ray will lead the global finance, tax, internal audit, investor relations, corporate communications, business development and treasury functions. He will report to President and CEO, Murray Kessler. Most recently, he was CFO at INW Holdings, a contract packer of vitamins, minerals and supplements. Ray also served on the Board of Directors of Pinnacle Foods for more than ten years until its sale to Conagra (CAG) last year. Ronald Winowiecki has resigned as Executive Vice President and CFO and will remain with the company through June 30 to assist in a smooth transition.

PRGO

Perrigo

$48.36

-0.84 (-1.71%)

CAG

Conagra Brands

$22.91

0.095 (0.42%)

  • 21

    Mar

PRGO Perrigo
$48.36

-0.84 (-1.71%)

11/28/18
11/28/18
NO CHANGE

Perrigo reaches settlement in Sernivo patent litigation case
Perrigo has settled its Hatch-Waxman litigation relating to Sernivo Spray brought by Promius Pharma. Terms of the settlement are confidential. Sernivo Spray is indicated for the treatment of mild-to-moderate plaque psoriasis in patients 18 years of age or older. Annual market sales for the 12 months ending September 2018 were approximately $13M.
12/21/18
CANT
12/21/18
NO CHANGE
Target $107
CANT
Overweight
Cantor Fitzgerald says don't read too much into Perrigo tax headlines
Cantor Fitzgerald analyst Louise Chen tells investors not to read too much into the headlines from Perrigo last night regarding an Irish corporation tax liability. In a research note titled "Bah-Humbug, Don't Let Headlines Ruin The Holidays," Chen says it is "unclear that there is much of a case here." The analyst keeps an Overweight rating on Perrigo with a $107 price target.
02/01/19
WELS
02/01/19
NO CHANGE
Target $46
WELS
Market Perform
Perrigo's ProAir opportunity 'may be vaporizing,' says Wells Fargo
Wells Fargo analyst David Maris noted that GlaxoSmithKline (GSK) launched an authorized generic of Ventolin on January 15 and he has now learned that Teva (TEVA) may have "surprisingly launched" an authorized generic of ProAir in response to the generic Ventolin pressure prior to Perrigo's (PRGO) approval. Pricing pressure from generic Ventolin, in addition to the launch of an authorized generic well ahead of Perrigo's own generic ProAir launch, seem to have significantly diminished Perrigo's generic ProAir opportunity, Maris tells investors. He keeps a Market Perform rating and $46 price target on Perrigo shares.
03/19/19
RHCO
03/19/19
INITIATION
Target $51
RHCO
Hold
Perrigo initiated with a Hold at SunTrust
SunTrust analyst Gregg Gilbert initiated Perrigo with a Hold rating and a price target of $51, saying that while he remains positive on the durability of the company's consumer-focused businesses, the risk-reward on the stock is "balanced" because of "less clear" growth potential of those businesses. The analyst adds that while the management's decision to separate the Rx business from the Consumer business could be a positive in the long-term, it may take some time for the market to "assess the financial and operational merits of the separation."
CAG Conagra Brands
$22.91

0.095 (0.42%)

12/21/18
FBCO
12/21/18
NO CHANGE
Target $26.5
FBCO
Neutral
Conagra Brands price target cut to $26.50 from $35 at Credit Suisse
Credit Suisse analyst Robert Moskow maintained a Neutral rating on ConAgra Brands but lowered his price target to $26.50 from $35 following the company's quarterly report. In a research note to investors, Moskow lowered his FY19 and FY20 EPS estimates to $2.07 and $2.16, respectively, from $2.11 and $2.37. He noted that the stock fell 17% on Thursday after management slashed expectations for the $10.9B Pinnacle acquisition for the next 12 months due to a litany of product innovation missteps and unprofitable trade promotions by the prior management team.
01/02/19
GSCO
01/02/19
DOWNGRADE
Target $31
GSCO
Buy
Conagra Brands downgraded to Buy from Conviction Buy at Goldman Sachs
Goldman Sachs analyst Jason English removed Conagra Brands from his firm's Americas Conviction List but keeps a Buy rating on the name. He also lowered his price target for the shares to $31 from $42. While the stock's 41% decline since October 23 is overdone, the "path of recovery is likely to be protracted," English tells investors in a research note. The analyst views Conagra as oversold but sees a lack of catalysts for the stock until the spring.
01/02/19
01/02/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Henry Schein (HSIC) downgraded to Neutral from Outperform at Baird with analyst Jeff Johnson saying he is more cautious on the combination of the dental sector's secular overhangs, softer Q4 patient volume checks, and accelerating equipment pricing pressures. 2. Conagra Brands (CAG) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Jason English saying while the stock's 41% decline since October 23 is overdone, the "path of recovery is likely to be protracted." 3. BioMarin (BMRN) downgraded to Market Perform from Outperform at Raymond James with analyst Laura Chico saying BioMarin lacks near-term catalysts which makes it more vulnerable in a "risk off" environment. 4. Hologic (HOLX) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst David Lewis saying his checks with about 40 medspas highlighted market saturation of body sculpting devices. 5. Louisiana-Pacific (LPX) downgraded to Neutral from Buy at BofA/Merrill with analyst George Staphos citing the steep drop-off in 2H 2018 panel pricing and challenging 1H 2019 comparisons versus 1H 2018. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/07/19
UBSW
01/07/19
NO CHANGE
Target $33
UBSW
Buy
Conagra Brands weakness a buying opportunity, says UBS
UBS analyst Steven Strycula said the December selloff in Conagra Brands has created a compelling entry point and offers the best setup in U.S. Food with a greater than 50% upside potential. The analyst believes the Pinnacle Foods merchandising missteps are fixable and attributes underperformance of supply chain cost overruns and an over-commitment to its 2019 margin goal. Strycula reiterated his Buy rating and $33 price target on Conagra shares.

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$12.16

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CYDY

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CPE

Callon Petroleum

$4.47

-0.175 (-3.77%)

, CRZO

Carrizo Oil & Gas

$7.73

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CPE

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$4.47

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CRZO

Carrizo Oil & Gas

$7.73

-0.21 (-2.64%)

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  • 14

    Nov

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GECC

Great Elm Capital

$8.23

-0.02 (-0.24%)

06:13
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    Nov

CSCO

Cisco

$48.44

0.06 (0.12%)

, SANM

Sanmina

$32.76

0.26 (0.80%)

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Cisco

$48.44

0.06 (0.12%)

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Sanmina

$32.76

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FLEX

Flex

$12.33

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JBL

Jabil

$39.27

0.28 (0.72%)

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BCLI

BrainStorm

$3.88

0.05 (1.31%)

06:12
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Earnings
BrainStorm reports Q3 EPS (25c), consensus (22c) »

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  • 14

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RMBL

RumbleON

$1.50

-0.83 (-35.62%)

06:11
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  • 21

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AXNX

Axonics

$25.49

0.53 (2.12%)

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EPAM

Epam Systems

$200.74

0.85 (0.43%)

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  • 21

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FENG

Phoenix New Media

$3.04

0.04 (1.33%)

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ATHX

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CSCO

Cisco

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  • 09

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GRUB

GrubHub

$36.63

-0.7 (-1.88%)

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WTT

Wireless Telecom Group Inc

$1.50

0.04 (2.74%)

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  • 14

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FVRR

Fiverr

$22.55

0.99 (4.59%)

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ROLL

RBC Bearings

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SWK

Stanley Black & Decker

$155.38

-2.295 (-1.46%)

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NRZ

New Residential

$16.06

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