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BBY

Best Buy

$73.54

-0.4 (-0.54%)

16:57
04/12/19
04/12
16:57
04/12/19
16:57

Best Buy names Todd G. Hartman chief risk & compliance officer

According to a regulatory filing, on April 8, 2019, Best Buy announced that Keith J. Nelsen, the company's General Counsel and Secretary, is stepping down from his role effective April 12, 2019, in order to pursue other interests. The company also announced that Todd G. Hartman will succeed Nelsen as General Counsel and Secretary, assuming the role of Executive Vice President, General Counsel and Chief Risk & Compliance Officer effective April 12, 2019. To support the transition, Nelsen will remain employed with the Company in an advisory capacity through September 1, 2019. Upon his departure, Nelsen is receiving separation benefits in accordance with the company's ERISA plan.

  • 29

    May

BBY Best Buy
$73.54

-0.4 (-0.54%)

03/22/19
OPCO
03/22/19
UPGRADE
Target $86
OPCO
Outperform
Best Buy well positioned against healthy spending backdrop, says Oppenheimer
Oppenheimer analyst Brian Nagel upgraded Best Buy to Outperform from Perform with an $86 price target. In a research note to investors, Nagel says Best Buy has undergone a significant transformation under the direction of new senior leadership to one of retail's preeminent omnichannel operators, and says the market narrative on Best Buy is now more upbeat. Nagel says Best Buy is well positioned against a healthy spending backdrop, but feels investors are still not fully embracing improved sales and EPS power.
03/22/19
03/22/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Pearson (PSO) upgraded to Overweight from Neutral at JPMorgan with analyst Daniel Kerven saying the company's business model is improving as its moves from print to digital. 2. Lumentum (LITE) upgraded to Overweight from Neutral at JPMorgan with analyst Samik Chatterjee seeing a "solid" outlook for the company's telecom business amid "strong" growth led by 5G investments and upside to synergy targets relative to recent acquisition of Oclaro. 3. Best Buy (BBY) upgraded to Outperform from Perform at Oppenheimer with analyst Brian Nagel stating the company has undergone a significant transformation under the direction of new senior leadership to one of retail's preeminent omnichannel operators. 4. Varian Medical (VAR) upgraded to Outperform from Neutral at Baird with analyst Jason Bednar saying that with near-term trends sounding healthy, multiple paths are emerging for Varian to sustain upper-single digit plus oncology order growth, and low- to mid-teens EPS growth. 5. Chipotle (CMG) upgraded to Neutral from Underperform at Wedbush with analyst Nick Setyan noting he no longer sees risk to near- and medium-term same-store sales growth and unit-level margin expectations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/01/19
SBSH
04/01/19
UPGRADE
Target $18
SBSH
Neutral
Bed Bath & Beyond upgraded to Neutral from Sell at Citi
Citi analyst Geoff Small upgraded Bed Bath & Beyond (BBBY) to Neutral from Sell and raised his price target for the shares to $18 from $10 after taking over coverage of the name. Citi transferred coverage of Broadlines & Hardlines Retail names to Small. The analyst assumed coverage with Buy ratings on AutoZone (AZO), BJ's Wholesale (BJ), Home Depot (HD), Lowe's (LOW), O'Reilly Automotive (ORLY) and Walmart (WMT). The U.S. consumer remains on "solid footing" amid low unemployment, rising wages, declining gas prices, manageable levels of debt, and elevated consumer confidence, Small tells investors in a research note. However, he points out that we are in the ninth year of the current economic expansion and "the possibility of a macroeconomic slowdown cannot be ignored." The analyst prefers retailers operating in "defensive sectors that are less susceptible to disruption by online competitors," namely auto parts, broadlines and home improvement retail. Small also assumed Advance Auto Parts (AAP), Best Buy (BBY), Costco (COST) and Office Depot (ODP) with Neutral ratings.
04/01/19
BTIG
04/01/19
DOWNGRADE
BTIG
Neutral
Care.com downgraded to Neutral from Buy at BTIG
BTIG analyst Marvin Fong downgraded Care.com (CRCM) to Neutral from Buy citing the fallout from the Wall Street Journal's reporting on the company. The stock closed the trading day down 7%, or $1.31, to $18.45. The analyst sees "tangible fallout" after learning that Best Buy (BBY) has suspended its back-up care offering provided by Care.com's [email protected] unit. Fong, however, emphasizes that Best Buy has suspended the service, not terminated it. Best Buy told the analyst, "We are doing our due diligence to make sure Care.com is still a good choice for this benefit." While Best Buy could reinstate [email protected] at any time, it is prudent to trim [email protected] estimates to "reflect the current reality," Fong tells investors in a research note. He believes Best Buy's decision may impact the future trajectory of Care.com's back-up care business. Further, the Journal has made Care.com a "favorite target" with three articles within the span of about three weeks, says Fong. Given the importance of reputation to Care.com's model, the risks to the stock "are becoming increasingly difficult to assess with confidence," contends the analyst. While [email protected] is just 9% of the company's revenue, it accounted for 25% of its growth in 2018, he points out.

TODAY'S FREE FLY STORIES

KR

Kroger

$25.78

0.22 (0.86%)

, AMZN

Amazon.com

$1,862.11

-2.52 (-0.14%)

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KR

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$25.78

0.22 (0.86%)

AMZN

Amazon.com

$1,862.11

-2.52 (-0.14%)

WMT

Walmart

$103.15

0.02 (0.02%)

TGT

Target

$83.23

0.51 (0.62%)

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T

AT&T

$32.04

0.09 (0.28%)

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Comcast

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AT&T

$32.04

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CMCSA

Comcast

$42.43

-0.16 (-0.38%)

CMCSK

Comcast

$0.00

(0.00%)

SNE

Sony

$47.86

0.09 (0.19%)

LGF.A

Lionsgate

$15.91

0.1 (0.63%)

DIS

Disney

$132.44

0.68 (0.52%)

VIAB

Viacom

$30.19

-0.35 (-1.15%)

VIA

Viacom

$36.39

-0.35 (-0.95%)

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FCAU

Fiat Chrysler

$16.47

-0.2 (-1.20%)

12:23
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TSLA

Tesla

$273.25

2.13 (0.79%)

12:08
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Investors set to get a peek at Tesla driverless car technology, WSJ says »

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SPY

SPDR S&P 500 ETF Trust

$289.99

0.52 (0.18%)

, SPX

S&P 500

$0.00

(0.00%)

12:03
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Bombs kill over 200 in Sri Lankan churches, hotels, Reuters says »

Over 200 people were…

SPY

SPDR S&P 500 ETF Trust

$289.99

0.52 (0.18%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
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BA

Boeing

$380.02

2.48 (0.66%)

08:41
04/21/19
04/21
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08:41
Hot Stocks
Boeing says NY Times story paints 'skewed and inaccurate picture' »

Brad Zaback, vice…

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BA

Boeing

$380.02

2.48 (0.66%)

08:36
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08:36
Hot Stocks
Nine civil aviation authorities to review Boeing 737 MAX flight control system »

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BA

Boeing

$380.02

2.48 (0.66%)

08:29
04/21/19
04/21
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08:29
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NY Times investigation finds problems with Boeing Dreamliner manufacturing »

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MSM

MSC Industrial

$83.37

-0.44 (-0.52%)

04:55
04/21/19
04/21
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04:55
Conference/Events
MSC Industrial management to meet with William Blair »

Meetings to be held in…

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PINS

Pinterest

$24.46

(0.00%)

13:04
04/20/19
04/20
13:04
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13:04
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Pinterest stock is hot after IPO, investors should keep cool, Barron's says »

Pinterest priced its IPO…

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  • 18

    Apr

HUM

Humana

$240.65

7.645 (3.28%)

, CI

Cigna

$148.95

3.46 (2.38%)

12:51
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Health insurers stocks now look like a buy, Barron's says »

Investing in health…

HUM

Humana

$240.65

7.645 (3.28%)

CI

Cigna

$148.95

3.46 (2.38%)

ANTM

Anthem

$239.63

3.38 (1.43%)

UNH

UnitedHealth

$221.74

4.93 (2.27%)

CVS

CVS Health

$52.62

0.08 (0.15%)

03/08/13
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TSLA

Tesla

$273.25

2.13 (0.79%)

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AMD

AMD

$27.68

0.18 (0.65%)

, INTC

Intel

$58.49

-0.08 (-0.14%)

12:43
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Periodicals
Wall Street cheered Intel decision to exit 5G modem business, Barron's says »

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AMD

AMD

$27.68

0.18 (0.65%)

INTC

Intel

$58.49

-0.08 (-0.14%)

QCOM

Qualcomm

$79.89

0.8 (1.01%)

AAPL

Apple

$203.83

0.69 (0.34%)

03/08/13
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SAM

Boston Beer

$266.90

0.89 (0.33%)

12:37
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'Happy hour' might be over for Boston Beer, Barron's says »

Boston Beer's shares…

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SPOT

Spotify

$139.53

1.88 (1.37%)

12:30
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Spotify stock 'risky' as music industry not changing fast enough, Barron's says »

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  • 29

    Apr

BA

Boeing

$380.02

2.48 (0.66%)

, HRL

Hormel Foods

$40.38

-0.37 (-0.91%)

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Catch up on the top…

BA

Boeing

$380.02

2.48 (0.66%)

HRL

Hormel Foods

$40.38

-0.37 (-0.91%)

PPC

Pilgrim's Pride

$25.79

0.03 (0.12%)

SAFM

Sanderson Farms

$141.70

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TSN

Tyson Foods

$73.49

0.2 (0.27%)

CCL

Carnival

$53.64

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RCL

Royal Caribbean

$121.00

-2.245 (-1.82%)

NCLH

Norwegian Cruise Line

$56.93

-0.925 (-1.60%)

WFTBF

West Fraser Timber

$0.00

(0.00%)

IFSPF

Interfor

$0.00

(0.00%)

CFPZF

Canfor

$0.00

(0.00%)

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MSM

MSC Industrial

$83.37

-0.44 (-0.52%)

04:55
04/20/19
04/20
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Conference/Events
MSC Industrial management to meet with William Blair »

Meetings to be held in…

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03/08/13
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03/06/13
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    Nov

KFS

Kingsway Financial

$2.30

-0.14 (-5.74%)

19:48
04/19/19
04/19
19:48
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19:48
Hot Stocks
Kingsway Financial announces receipt of notification letter from NYSE »

Kingsway Financial…

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AWK

American Water

$104.63

2.32 (2.27%)

19:46
04/19/19
04/19
19:46
04/19/19
19:46
Hot Stocks
American Water signs contract to acquire East Pasadena Water Company »

California American…

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FSNN

Fusion

$0.24

0.0048 (2.01%)

19:45
04/19/19
04/19
19:45
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19:45
Hot Stocks
Fusion sees being delisted following receipt of Nasdaq delisting notice »

Fusion announced that it…

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  • 28

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PSA

Public Storage

$217.43

0.81 (0.37%)

19:42
04/19/19
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19:42
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19:42
Hot Stocks
Public Storage announces change of Chief Legal Officer »

Public Storage announced…

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V

Visa

$160.14

-0.33 (-0.21%)

19:40
04/19/19
04/19
19:40
04/19/19
19:40
Hot Stocks
Visa board elects Visa CEO Al Kelly as Chair »

Visa announced that its…

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NAVB

Navidea

$0.17

0.0001 (0.06%)

19:39
04/19/19
04/19
19:39
04/19/19
19:39
Hot Stocks
Navidea announces one-for-twenty reverse stock split »

Navidea…

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TISA

Top Image Systems

$0.84

-0.0069 (-0.81%)

19:37
04/19/19
04/19
19:37
04/19/19
19:37
Hot Stocks
Top Image sees voluntarily delisting to be complete before Nasdaq deadline »

Top Image Systems…

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FCPT

Four Corners Property Trust

$28.17

0.49 (1.77%)

19:33
04/19/19
04/19
19:33
04/19/19
19:33
Hot Stocks
Four Corners Property Trust acquires restaurant properties for $2.6M »

Four Corners Property…

03/08/13
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