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LPX

Louisiana-Pacific

$24.98

-0.235 (-0.93%)

, CTAS

Cintas

$207.38

1.915 (0.93%)

07:00
04/15/19
04/15
07:00
04/15/19
07:00

Louisiana-Pacific appoints Robin Everhart as Chief Human Resources

Louisiana-Pacific (LPX) announced that Robin Hirsch Everhart has been named to the position of Senior Vice President, Chief Human Resources and Transformation Officer. In her new role, Everhart is responsible for all human resources functions and will play an integral role by ensuring a strong linkage between the company's transformational goals and its HR programs. Everhart joins LP from Cintas (CTAS), where she served in a variety of strategic and operational leadership roles over the past 14 years, including most recently as senior vice president and chief diversity officer. Prior to Cintas she held senior corporate compliance roles at Winn Dixie and The Home Depot (HD).

LPX

Louisiana-Pacific

$24.98

-0.235 (-0.93%)

CTAS

Cintas

$207.38

1.915 (0.93%)

HD

Home Depot

$203.84

2.37 (1.18%)

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    Nov

LPX Louisiana-Pacific
$24.98

-0.235 (-0.93%)

04/05/19
SPHN
04/05/19
UPGRADE
Target $32
SPHN
Overweight
Louisiana-Pacific upgraded to Overweight on improved housing outlook at Stephens
Stephens analyst Mark Connelly upgraded Louisiana-Pacific to Overweight from Equal Weight, stating that he expects housing activity to rebound with interest rate pressure now less of a threat. A better housing market should help to absorb the new oriented strand board capacity and allow OSB prices to move higher, Connelly contends. He raised his price target on Louisiana-Pacific shares to $32 from $30.
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.
04/05/19
SPHN
04/05/19
UPGRADE
SPHN
Overweight
Louisiana-Pacific upgraded to Overweight from Equal Weight at Stephens
01/29/19
LBOW
01/29/19
NO CHANGE
LBOW
Neutral
Longbow lowers estimates for Louisiana-Pacific on soft OSB pricing
Longbow analyst Garik Shmois cut his estimates for Louisiana-Pacific, citing continued downward pressure on OSB prices in Q4 and weaker housing demand. He keeps a Neutral rating on Louisiana-Pacific shares, which he believes will remain range-bound in the $22-25 area until housing finds a floor.
CTAS Cintas
$207.38

1.915 (0.93%)

03/22/19
JPMS
03/22/19
NO CHANGE
Target $235
JPMS
Overweight
Cintas price target raised to $235 from $210 at JPMorgan
JPMorgan analyst Andrew Steinerman raised his price target for Cintas to $235 from $210 saying the company "remains well on the growth track" despite the Q3 "hiccup" due to weather. The analyst expects the stock to decline after last night's results, but remains bullish on Cintas given the company's "innovation, discipline, and market leadership." He keeps an Overweight rating on the name.
01/03/19
01/03/19
UPGRADE

Buy
Cintas upgraded to Buy on valuation at BofA/Merrill
As previously reported, BofA/Merrill upgraded Cintas to Buy from Neutral an increased its price target to $192 from $188. Analyst Gary Bisbee views the recent pullback in shares as a buying opportunity for this strong growth franchise with a record of earnings growth in the mid teens and business momentum that remains positive.
01/03/19
BOFA
01/03/19
UPGRADE
BOFA
Buy
Cintas upgraded to Buy from Neutral at BofA/Merrill
12/21/18
BARD
12/21/18
NO CHANGE
Target $201
BARD
Outperform
Cintas Q2 results show no evidence of a slowdown, says Baird
Baird analyst Andrew Wittmann said Q2 results for Cintas were good and give no evidence of a slowdown. He noted full-year guidance was raised as organic growth was better than expected. The analyst said the results should quell any fears and the pullback offers a solid entry point for long-term investors. Wittmann reiterated his Outperform rating, but lowered his price target to $201 from $235, on Cintas shares.
HD Home Depot
$203.84

2.37 (1.18%)

04/03/19
ROTH
04/03/19
UPGRADE
Target $3
ROTH
Buy
Roth Capital upgrades Orion Energy on improved visibility from Home Depot pact
Roth Capital analyst Craig Irwin upgraded Orion Energy (OESX) to Buy from Neutral after the company announced that it has expanded the retrofit of "a national account customer's" lighting systems and anticipates additional revenue of $35M under the contract. The analyst, who believes the follow-on order comes from Home Depot (HD), now sees healthy visibility for a return to profitability for Orion. To reflect the improved revenue visibility, Irwin increased his price target on Orion shares to $3 from $1.
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.
03/20/19
EVER
03/20/19
INITIATION
Target $215
EVER
Outperform
Home Depot initiated with an Outperform at Evercore ISI
Evercore ISI analyst Greg Melich started Home Depot with an Outperform rating and $215 base case price target, stating the he believes fears of the peak of the housing cycle and tough first half compares appear to be in the stock. Home Depot has reinvented itself into a "benchmark multichannel consumer company," Melich contends in his initiation note.
02/28/19
WELS
02/28/19
NO CHANGE
Target $120
WELS
Outperform
Lowe's price target raised to $120 from $110 at Wells Fargo
Wells Fargo analyst Zachary Fadem raised his price target for Lowe's (LOW) to $120 from $110 following quarterly results. The analyst notes the quarter was noisy, but the company reaffirmed its FY19 outlook, despite some moving parts, and narrowed its comp gap versus Home Depot (HD) to the lowest level in 2 years. Fadem reiterates an Outperform rating on Lowe's shares.

TODAY'S FREE FLY STORIES

GS

Goldman Sachs

$216.75

-3.24 (-1.47%)

12:29
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LMT

Lockheed Martin

$390.15

5.43 (1.41%)

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CRC

California Resources

$14.85

3.03 (25.63%)

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California Resources call volume above normal and directionally bullish »

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ICAD

iCAD

$7.09

0.19 (2.75%)

12:25
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Conference/Events
iCAD to host investor meeting »

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CNHI

CNH Industrial

$11.19

-0.01 (-0.09%)

12:21
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CHE

Chemed

$421.82

0.32 (0.08%)

12:19
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
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09/16
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Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
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09/16
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NYSE market internals summary »

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ADNT

Adient

$24.79

-0.32 (-1.27%)

12:15
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Options
Adient put volume heavy and directionally bearish »

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HLUYY

Lundbeck

$0.00

(0.00%)

, ALDR

Alder Biopharmaceuticals

$18.43

8.38 (83.38%)

12:14
09/16/19
09/16
12:14
09/16/19
12:14
Downgrade
BMO downgrades Alder after buyout, sees another bidder as unlikely »

BMO Capital analyst…

HLUYY

Lundbeck

$0.00

(0.00%)

ALDR

Alder Biopharmaceuticals

$18.43

8.38 (83.38%)

03/08/13
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  • 26

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GM

General Motors

$37.62

-1.21 (-3.12%)

, XOM

Exxon Mobil

$73.74

1.11 (1.53%)

12:08
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On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks are lower and oil…

GM

General Motors

$37.62

-1.21 (-3.12%)

XOM

Exxon Mobil

$73.74

1.11 (1.53%)

CVX

Chevron

$123.81

2.35 (1.93%)

WLL

Whiting Petroleum

$10.42

2.885 (38.31%)

DNR

Denbury Resources

$1.54

0.33 (27.27%)

XOG

Extraction Oil & Gas

$3.95

0.725 (22.52%)

CDEV

Centennial Resource Development

$5.62

1.21 (27.44%)

ALDR

Alder Biopharmaceuticals

$18.42

8.37 (83.28%)

SEMG

SemGroup

$16.79

6.51 (63.33%)

ET

Energy Transfer LP

$13.52

-0.49 (-3.50%)

NEWR

New Relic

$54.62

-3.72 (-6.38%)

LL

Lumber Liquidators

$9.12

-0.65 (-6.65%)

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MGM

MGM Resorts

$28.82

-0.22 (-0.76%)

, BX

Blackstone

$53.49

-0.06 (-0.11%)

12:07
09/16/19
09/16
12:07
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12:07
Periodicals
Blackstone in talks to buy Bellagio and MGM Grand, Bloomberg reports »

Blackstone Group (BX) is…

MGM

MGM Resorts

$28.82

-0.22 (-0.76%)

BX

Blackstone

$53.49

-0.06 (-0.11%)

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CEO

Cnooc

$162.07

10.57 (6.98%)

12:05
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Upgrade
Cnooc rating change  »

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BSX

Boston Scientific

$41.87

0.06 (0.14%)

12:05
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Conference/Events
Boston Scientific participates in a conference call with SVB Leerink »

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  • 16

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NEWR

New Relic

$53.86

-4.48 (-7.68%)

12:01
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  • 13

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JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$16.91

-1.94 (-10.29%)

12:00
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Hot Stocks
Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -10.2% »

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SCO

Scor ADR

$13.52

-3.825 (-22.06%)

12:00
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Hot Stocks
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DWT

Britannia Bulk

$4.37

-2.11 (-32.56%)

12:00
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Hot Stocks
Britannia Bulk falls -32.8% »

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CRC

California Resources

$14.50

2.68 (22.67%)

12:00
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09/16
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Hot Stocks
California Resources rises 22.6% »

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WLL

Whiting Petroleum

$10.27

2.74 (36.39%)

12:00
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Hot Stocks
Whiting Petroleum rises 36.5% »

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  • 08

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HYG

iShares iBoxx $ High Yield Corporate Bond

$87.31

0.16 (0.18%)

12:00
09/16/19
09/16
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Options
Puts lead calls 15:1 in High Yield Bond ETF on vertical spread buyer »

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SEMG

SemGroup

$16.82

6.54 (63.62%)

12:00
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Hot Stocks
SemGroup rises 63.6% »

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12:00
09/16/19
09/16
12:00
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12:00
General news
Treasury's $87 B 3- and 6-month bill auction results were generally below average »

Treasury's $87 B 3-…

VLGEA

Village Super Market

$26.70

0.05 (0.19%)

11:53
09/16/19
09/16
11:53
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11:53
Hot Stocks
Village Super Market board of directors authorizes $5M share repurchase program »

The company announced…

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TOT

Total

$52.62

0.875 (1.69%)

11:51
09/16/19
09/16
11:51
09/16/19
11:51
Upgrade
Total rating change  »

Total upgraded to…

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