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SNV

Synovus

$35.17

0.01 (0.03%)

, BBT

BB&T

$48.41

-0.09 (-0.19%)

09:20
04/04/19
04/04
09:20
04/04/19
09:20

Synovus upgraded to Strong Buy at Raymond James

As previously reported, Raymond James analyst David Lon upgraded Synovus (SNV) to Strong Buy from Outperform, with a $44 price target. The analyst cited the recent pullback in the stock and what he sees as an outsized opportunity for market share gain stemming from the recently announced BB&T (BBT)-SunTrust (STI) mega merger.

SNV

Synovus

$35.17

0.01 (0.03%)

BBT

BB&T

$48.41

-0.09 (-0.19%)

STI

SunTrust

$61.73

-0.17 (-0.27%)

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    Jun

SNV Synovus
$35.17

0.01 (0.03%)

01/10/19
LEHM
01/10/19
NO CHANGE
LEHM
Barclays upgrades Mid-Cap Banks industry to Positive from Neutral
Barclays analyst Matthew Keating upgraded his view on the U.S. Mid-Cap Banks industry to Positive from Neutral. There seems to be a lot less enthusiasm for the banks this year, Keating tells investors in a research note. The focus this year is on rising trade tensions, slowing global growth, and chance of a recession, says the analyst. However, he believes the slide in bank stock sentiment creates opportunities for investors "willing to withstand some volatility in the near term." Along with the sector, Keating upgraded Synovus Financial (SNV) and Texas Capital (TCBI) to Overweight from Equal Weight and Bank OZK (OZK) and People's United Financial (PBCT) to Equal Weight from Underweight. Based on his relative ratings system, he downgraded Prosperity Bancshares (PB) to Equal Weight from Overweight and New York Community Bancorp (NYCB) to Underweight from Equal Weight.
03/12/19
BOFA
03/12/19
NO CHANGE
BOFA
Dropbox, Synovus added to US 1 List at BofA/Merrill
01/22/19
PIPR
01/22/19
UPGRADE
Target $45
PIPR
Overweight
Synovus upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Kevin Barker upgraded Synovus Financial to Overweight and raised his price target for the shares to $45 from $44. Synovus' quarter brought more clarity on the results of its balance sheet adjustments for FCB Financial, Barker tells investors in a research note. The analyst says he now "feels more comfortable about the fundamental outlook for the bank." Barker finds the stock's risk/reward as "very attractive" at current share levels.
04/04/19
RAJA
04/04/19
UPGRADE
RAJA
Strong Buy
Synovus upgraded to Strong Buy from Outperform at Raymond James
BBT BB&T
$48.41

-0.09 (-0.19%)

03/25/19
DBAB
03/25/19
UPGRADE
DBAB
Buy
BB&T upgraded to Buy from Hold at Deutsche Bank
03/26/19
DBAB
03/26/19
UPGRADE
Target $53
DBAB
Buy
BB&T upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Matt O'Connor last night upgraded BB&T (BBT) to Buy from Hold with an unchanged price target of $53. After meeting with CEO of SunTrust (STI), the analyst remains positive on the merger and the combined stock. He upgraded BB&T to be consistent with his Buy rating on SunTrust. He notes that BB&T shares are down 11% since the deal was announced on February 7.
03/26/19
03/26/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Bed Bath & Beyond (BBBY) upgraded to Strong Buy from Market Perform at Raymond James , to Hold from Sell at Loop Capital, and to Sector Weight from Underweight at KeyBanc. 2. BB&T (BBT) upgraded to Buy from Hold at Deutsche Bank with analyst Matt O'Connor saying after meeting with CEO of SunTrust (STI), he remains positive on the merger and the combined stock. 3. Vertex (VRTX) upgraded to Outperform from Market Perform at William Blair with analyst Y. Katherine Xu citing expectations that the company's cystic fibrosis franchise will continue dominating after Proteostasis (PTI) reported disappointing triplet data. 4. Allegiant Travel (ALGT) upgraded to Outperform from Neutral at Macquarie with analyst Susan Donofrio citing her meetings with its management last week. 5. TransAlta (TAC) upgraded to Buy from Hold at TD Securities with analyst John Mould saying Brookfield Renewable Partners (BEP) $750M investment in TransAlta improves the company's financial flexibility, accelerates its ability to return capital to shareholders and advance the coal-to-gas conversion. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/04/19
RAJA
04/04/19
DOWNGRADE
RAJA
Market Perform
BB&T downgraded to Market Perform from Outperform at Raymond James
STI SunTrust
$61.73

-0.17 (-0.27%)

03/08/19
ODEN
03/08/19
INITIATION
ODEN
Buy
BB&T initiated with a Buy at Odeon Capital
Odeon Capital analyst Dick Bove initiated BB&T (BBT) with a Buy rating, stating that while the stock's price is currently "relatively high" amid expectations that its combination with SunTrust (STI) will be successful, he thinks the merger is likely to increase growth, making a premium multiple reasonable. The combined company's scale will allow it to increase its technology investments and there is also an opportunity to meaningfully reduce operating costs, Bove added.
03/11/19
MSCO
03/11/19
DOWNGRADE
MSCO
Equal Weight
SunTrust downgraded to Equal Weight from Overweight at Morgan Stanley
03/11/19
MSCO
03/11/19
DOWNGRADE
Target $73
MSCO
Equal Weight
Morgan Stanley downgrades SunTrust to Equal Weight as focus shifts to execution
As previously reported, Morgan Stanley analyst Betsy Graseck downgraded SunTrust (STI) to Equal Weight from Overweight as she believes it to be prudent to "take some chips off the table" following the year-to-date outperformance driven by news of its merger of equals with BB&T (BBT). The focus of investors will shift from the merger to execution and while she thinks the $1.6B in cost savings seem attainable at 12% of the combined company's expenses, she also expects it will take two years before net expense savings convincingly accelerate, she tells investors. She lowered her price target on SunTrust shares to $73 from $80 and lowered her price target on BB&T shares to $56 from $62.

TODAY'S FREE FLY STORIES

NOC

Northrop Grumman

$281.56

-11.03 (-3.77%)

12:37
04/24/19
04/24
12:37
04/24/19
12:37
Hot Stocks
Northrop Grumman sees restricted portfolio growing faster than restricted in '19 »

Sees more restricted…

03/08/13
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03/06/13
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03/06/13
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    May

CBU

Community Bank System

$65.00

0.15 (0.23%)

12:36
04/24/19
04/24
12:36
04/24/19
12:36
Hot Stocks
Community Bank says holder, regulatory approvals received for Kinderhook merger »

Community Bank System…

03/08/13
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03/06/13
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03/06/13
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  • 15

    May

FDX

FedEx

$196.18

1.05 (0.54%)

, UPS

UPS

$114.25

0.65 (0.57%)

12:32
04/24/19
04/24
12:32
04/24/19
12:32
Earnings
Fly Intel: What to watch in UPS earnings report »

UPS (UPS) is scheduled to…

FDX

FedEx

$196.18

1.05 (0.54%)

UPS

UPS

$114.25

0.65 (0.57%)

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

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    Jun

  • 13

    Nov

QQQ

Invesco QQQ Trust

$190.13

-0.18 (-0.09%)

12:30
04/24/19
04/24
12:30
04/24/19
12:30
Options
Notable call spread in Invesco QQQ as shares ease off record highs »

Notable call spread in…

03/08/13
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03/06/13
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03/06/13
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NOC

Northrop Grumman

$282.44

-10.15 (-3.47%)

12:27
04/24/19
04/24
12:27
04/24/19
12:27
Hot Stocks
Northrop Grumman sees return to growth for TS segment later this year »

Says will continue to see…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 24

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    May

AMZN

Amazon.com

$1,915.34

-8.74 (-0.45%)

12:26
04/24/19
04/24
12:26
04/24/19
12:26
Periodicals
Amazon team auditing Alexa can access customer addresses, Bloomberg reports »

The Amazon.com team…

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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12:25
04/24/19
04/24
12:25
04/24/19
12:25
Conference/Events
Morgan Stanley power/utilities analyst to hold an analyst/industry conference ca »

Power & Utilities,…

NLSN

Nielsen

$25.60

0.03 (0.12%)

, ETM

Entercom

$6.43

0.095 (1.50%)

12:22
04/24/19
04/24
12:22
04/24/19
12:22
Hot Stocks
Entercom, Nielsen announce data-driven strategic agreement »

Entercom (ETM) and…

NLSN

Nielsen

$25.60

0.03 (0.12%)

ETM

Entercom

$6.43

0.095 (1.50%)

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

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NOC

Northrop Grumman

$280.86

-11.73 (-4.01%)

12:20
04/24/19
04/24
12:20
04/24/19
12:20
Hot Stocks
Northrop Grumman still sees 'strong' cash flow in 2019 »

Says Space portfolio is…

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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    May

COP

ConocoPhillips

$65.49

-0.96 (-1.44%)

12:20
04/24/19
04/24
12:20
04/24/19
12:20
Options
Call buyer in Conoco ahead of earnings next week »

Call buyer in Conoco…

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

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  • 30

    Apr

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    May

ZM

Zoom Video

$65.93

-3.12 (-4.52%)

, MSFT

Microsoft

$124.90

-0.6 (-0.48%)

12:19
04/24/19
04/24
12:19
04/24/19
12:19
On The Fly
Fly Intel: What to watch in Microsoft earnings report »

Microsoft (MSFT) is…

ZM

Zoom Video

$65.93

-3.12 (-4.52%)

MSFT

Microsoft

$124.90

-0.6 (-0.48%)

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

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    Aug

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
04/24/19
04/24
12:17
04/24/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
04/24/19
04/24
12:16
04/24/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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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LPL

LG Display

$8.35

-1.14 (-12.02%)

12:10
04/24/19
04/24
12:10
04/24/19
12:10
Downgrade
LG Display rating change  »

LG Display downgraded to…

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

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OXY

Occidental Petroleum

$60.91

-1.44 (-2.31%)

, APC

Anadarko

$71.89

7.77 (12.12%)

12:09
04/24/19
04/24
12:09
04/24/19
12:09
On The Fly
Fly Intel: Wall Street's top stories at midday »

The major averages are…

OXY

Occidental Petroleum

$60.91

-1.44 (-2.31%)

APC

Anadarko

$71.89

7.77 (12.12%)

CVX

Chevron

$118.80

-3.2 (-2.62%)

BA

Boeing

$378.71

4.67 (1.25%)

T

AT&T

$30.75

-1.36 (-4.24%)

CAT

Caterpillar

$138.18

-3.9 (-2.74%)

CBS

CBS

$51.44

0.09 (0.18%)

VIA

Viacom

$36.81

0.53 (1.46%)

VIAB

Viacom

$29.88

0.61 (2.08%)

SAP

SAP

$127.96

13.12 (11.42%)

SLAB

Silicon Labs

$105.83

12.195 (13.02%)

EBAY

eBay

$38.25

1.59 (4.34%)

RES

RPC, Inc.

$11.10

-1.8 (-13.95%)

IRBT

iRobot

$103.20

-27.22 (-20.87%)

SNAP

Snap

$11.36

-0.63 (-5.25%)

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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TDOC

Teladoc

$54.67

0.32 (0.59%)

, HUM

Humana

$249.01

0.71 (0.29%)

12:09
04/24/19
04/24
12:09
04/24/19
12:09
Recommendations
Teladoc, Humana analyst commentary at Baird »

Humana virtual primary…

TDOC

Teladoc

$54.67

0.32 (0.59%)

HUM

Humana

$249.01

0.71 (0.29%)

03/08/13
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03/08/13
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03/06/13
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    Nov

MPC

Marathon Petroleum

$60.06

-0.94 (-1.54%)

12:05
04/24/19
04/24
12:05
04/24/19
12:05
Options
Marathon Petroleum call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/06/13
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UMC

UMC

$1.94

0.015 (0.78%)

12:04
04/24/19
04/24
12:04
04/24/19
12:04
Upgrade
UMC rating change  »

UMC upgraded to Neutral…

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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  • 24

    Apr

LRN

K12

$31.56

-4.665 (-12.88%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
K12 falls -12.4% »

K12 is down -12.4%, or…

03/08/13
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03/06/13
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03/06/13
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SPN

Superior Energy

$4.28

-0.685 (-13.80%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
Superior Energy falls -13.9% »

Superior Energy is down…

03/08/13
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03/08/13
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03/06/13
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  • 24

    Apr

RES

RPC, Inc.

$11.04

-1.86 (-14.42%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
RPC, Inc. falls -14.2% »

RPC, Inc. is down -14.2%,…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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    Nov

SAP

SAP

$128.22

13.38 (11.65%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
SAP rises 11.7% »

SAP is up 11.7%, or…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 24

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APC

Anadarko

$71.92

7.8 (12.16%)

12:00
04/24/19
04/24
12:00
04/24/19
12:00
Hot Stocks
Anadarko rises 12.4% »

Anadarko is up 12.4%, or…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 14

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TRK

Speedway Motorsports

$18.50

4.52 (32.33%)

12:00
04/24/19
04/24
12:00
04/24/19
12:00
Hot Stocks
Speedway Motorsports rises 32.8% »

Speedway Motorsports is…

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

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  • 01

    May

12:00
04/24/19
04/24
12:00
04/24/19
12:00
General news
Treasury Action: Fed funds futures are rallying alongside the surge in Treasuries »

Treasury Action: Fed…

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