Breaking News Instant updates and real-time market news.

ELF

e.l.f. Beauty

$11.55

-0.13 (-1.11%)

, TGT

Target

$82.02

1.29 (1.60%)

07:57
04/16/19
04/16
07:57
04/16/19
07:57

e.l.f. Beauty upgraded to Buy at DA Davidson on increased shelf space presence

As previously reported, DA Davidson analyst Linda Bolton Weiser upgraded e.l.f. Beauty to Buy from Hold and raised her price target to $15 from $7. The analyst cites the findings of her proprietary store checks suggesting that the company products have seen a 17% increase in shelf space at Target (TGT), overtaking Coty's (COTY) Covergirl brand, while its Q1 sales "inflected from down high-single digits" in Q4 to low-single digits. Weiser believes that her FY20 sales forecast of a 2% decline may be conservative based on these findings.

ELF

e.l.f. Beauty

$11.55

-0.13 (-1.11%)

TGT

Target

$82.02

1.29 (1.60%)

COTY

Coty

$11.19

-0.01 (-0.09%)

  • 05

    Jun

ELF e.l.f. Beauty
$11.55

-0.13 (-1.11%)

04/16/19
DADA
04/16/19
UPGRADE
DADA
Buy
e.l.f. Beauty upgraded to Buy from Neutral at DA Davidson
04/08/19
04/08/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Wynn Resorts (WYNN) upgraded to Buy from Hold at Jefferies with analyst David Katz citing better than expected gross gaming revenue results from Macau for March and signs that suggest to him that it is reasonable to expect economic improvement throughout 2019 in China. 2. e.l.f. Beauty (ELF) upgraded to Neutral from Underweight at JPMorgan. 3. Procter & Gamble (PG) upgraded to Outperform from Market Perform at Wells Fargo with analyst Bonnie Herzog telling investors that while she is "late to the game," she still sees upside and believes P&G has changed and management, led by CEO David Taylor, has infused a sense of urgency and accountability into the organization. 4. AMC Entertainment (AMC) upgraded to Buy from Neutral at B. Riley FBR with analyst Eric Wold saying he has an "increasingly optimistic" view of the EBITDA contribution from Stubs A-List. 5. Zillow (Z, ZG) upgraded to Outperform from Market Perform at Cowen with analyst Thomas Champion saying he believes the new duo of CEO Rich Barton and CFO Allen Parker look well suited for the "massive challenge" of leading the company through a change in business model. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/08/19
JPMS
04/08/19
NO CHANGE
JPMS
Clorox downgraded, e.l.f. Beauty upgraded at JPMorgan on Nielsen data
JPMorgan analyst Andrea Teixeira downgraded Clorox (CLX) to Underweight from Neutral and upgraded e.l.f. Beauty (ELF) to Neutral from Underweight after taking a deeper look at last week's U.S. Nielsen data. For Clorox, consumer takeaway trends seems to be worsening in tracked channels, with Nielsen sell-through data showing a sequential slowdown, turning negative as volume has been pressured by distribution declines, Teixeira tells investors in a research note. In contrast, the worst seems to be behind e.l.f., says the analyst. Following 10 months of distribution declines, the company's total distribution points inflected positively, increasing 1.5% year-over-year in the latest four-week period ending March 23, versus down 9.1% in the prior four-week period, Teixeira points out. Given these distribution dynamics, she believes the "narrative will change for both stocks."
04/08/19
JPMS
04/08/19
UPGRADE
Target $13
JPMS
Neutral
e.l.f. Beauty upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Andrea Teixeira upgraded e.l.f. Beauty to Neutral from Underweight and raised her price target for the shares to $13 from $7.
TGT Target
$82.02

1.29 (1.60%)

03/11/19
MSCO
03/11/19
NO CHANGE
Target $67
MSCO
Underweight
Target's planned profit inflection seems unlikely to Morgan Stanley
Contrary to Target pointing to a profit inflection in 2019, Morgan Stanley analyst Simeon Gutman believes the company is closer to an inflection, but not there yet. He thinks gross margin savings from e-commerce fulfillment will underwhelm and cost leverage will not offset higher near-term expenses than the market may be prepared for. While he sees a more tangible bull case emerging around Target's ability to drive strong top-line growth through effective merchandising and drive cost efficiencies, he maintains an Underweight rating on the shares. However, Gutman raised his price target on the retailer's stock to $67 from $60 in the wake of the company's financial community meeting.
03/20/19
EVER
03/20/19
INITIATION
Target $80
EVER
In Line
Target initiated with an In Line at Evercore ISI
Evercore ISI analyst Greg Melich initiated Target with an In Line rating and $80 base case price target, stating that in the upper $70s, the risk/reward appears balanced. He believes 2019 extends what will likely prove a multi-year margin investment cycle, Melich tells investors.
03/21/19
GDHS
03/21/19
UPGRADE
GDHS
Buy
Target upgraded to Buy from Accumulate at Gordon Haskett
03/21/19
GDHS
03/21/19
NO CHANGE
GDHS
Gordon Haskett shakes up retailer rankings with six upgrades, three downgrades
Gordon Haskett analysts Chuck Grom, John Park and Andrew Minora have recalibrated their ratings in broadline and hardline retail with the Q4 earnings season nearly complete, stating that holiday results were mixed with clear winners and losers and that year-to-date sales have been "extremely choppy." The firm's latest macro/consumer survey results suggest that some optimism has resurfaced and they see a scenario where there is a release of significant pent-up demand for the retail group. Within the context of a portfolio approach to the space, the analysts upgraded Target (TGT), Tractor Supply (TSCO), Dollar Tree (DLTR), BJ's Wholesale (BJ) to Buy from Accumulate, upgraded Wayfair (W) and Floor & Decor (FND) to Accumulate from Hold, and downgrade Nordstrom (JWN) and Sprouts Farmers Market (SFM) to Reduce from Hold. The analysts also downgraded Pier 1 Imports (PIR) to Underperform from Hold.
COTY Coty
$11.19

-0.01 (-0.09%)

04/02/19
SBSH
04/02/19
DOWNGRADE
Target $12
SBSH
Neutral
Coty downgraded to Neutral from Buy at Citi
Citi analyst Wendy Nicholson downgraded Coty to Neutral from Buy and lowered her price target for the shares to $12 from $13. The analyst cites valuation for the downgrade following the stock's year-to-date rally.
04/01/19
JPMS
04/01/19
NO CHANGE
Target $10
JPMS
Neutral
Coty added to Analyst Focus List as short idea at JPMorgan
JPMorgan analyst Andrea Teixeira added Coty to her firm's Analyst Focus List as her top short idea. The "technical dynamics" following the completion of JAB's partial tender offer will place downward pressure on the stock in the near term, Teixeira tells investors in a research note. She believes believe Coty "will be effectively in a news vacuum" in the short term with little fundamental reason for shares to maintain their current valuation until management unveils a plan for turning around Consumer Beauty and improving the profitability of the overall business. The analyst keeps a Neutral rating on the shares with a $10 price target.
03/20/19
JEFF
03/20/19
NO CHANGE
JEFF
Amazon risk still manageable for beauty retailers, says Jefferies
Jefferies analyst Stephanie Wissink said Amazon's (AMZN) launch of a value priced private label skincare brand, Belei, "came as a bit of a surprise," adding that her sense from contacts inside and outside of the e-commerce company is that the launch is meant to establish a stronger presence, refine a more robust beauty platform and provide data to improve access to national brands. Wissink said it has become increasingly competitive for smaller brands to get into Sephora and Ulta (ULTA) and she expects Amazon to gain access to a growing number of small brands. Wissink points to Ulta's recent strong report as an indicator that with the right, curated assortment, the company is able to protect its position and gain share. Publicly traded skincare and beauty product makers include Estee Lauder (EL), Revlon (REV), Coty (COTY) and e.l.f. Beauty (ELF).
03/05/19
JEFF
03/05/19
NO CHANGE
JEFF
Hold
Revlon sales declines reported to worsen in February, says Jefferies
After reviewing Nielsen data through Feb. 23, Jefferies Stephanie Wissink noted that mass beauty sales decelerated to down 4% in the trailing 4 week period, with all categories stepping lower. By brand, Revlon sales decline of 15% was a deceleration, L'Oreal's (LRCLY) 2% decline was a slight deceleration, e.l.f. Beauty's (ELF) decline of 3% was stable and Coty's (COTY) 4% decline was improved, Wissink tells investors. She keeps Hold rating on all four mass beauty product makers mentioned. In morning trading, shares of Revlon are down $4.95. or 19.4%, to $20.62.

TODAY'S FREE FLY STORIES

BAYRY

Bayer

$0.00

(0.00%)

06:20
04/25/19
04/25
06:20
04/25/19
06:20
Hot Stocks
Bayer says 'on track' with plans to exit animal health business »

The company said it is on…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 03

    May

  • 07

    May

  • 08

    May

  • 31

    May

HZO

MarineMax

$19.84

0.48 (2.48%)

06:20
04/25/19
04/25
06:20
04/25/19
06:20
Earnings
MarineMax cuts FY19 EPS view to $1.75-$1.85 from $1.85-$1.95 

FY19 consensus $1.94.

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

See Street Research during your Free Trial

  • 25

    Apr

CYBR

CyberArk

$125.66

-0.38 (-0.30%)

06:19
04/25/19
04/25
06:19
04/25/19
06:19
Downgrade
CyberArk rating change  »

CyberArk downgraded to…

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

See Street Research during your Free Trial

  • 14

    May

BAYRY

Bayer

$0.00

(0.00%)

06:19
04/25/19
04/25
06:19
04/25/19
06:19
Hot Stocks
Breaking Hot Stocks news story on Bayer »

Bayer confirms outlook…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 03

    May

  • 07

    May

  • 08

    May

  • 31

    May

HZO

MarineMax

$19.84

0.48 (2.48%)

06:19
04/25/19
04/25
06:19
04/25/19
06:19
Earnings
MarineMax reports Q2 EPS 23c, consensus 31c »

Reports Q2 revenue…

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

See Street Research during your Free Trial

  • 25

    Apr

EL

Estee Lauder

$170.39

-0.67 (-0.39%)

06:18
04/25/19
04/25
06:18
04/25/19
06:18
Recommendations
Estee Lauder analyst commentary  »

Estee Lauder price target…

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

See Street Research during your Free Trial

  • 01

    May

  • 29

    May

BAYRY

Bayer

$0.00

(0.00%)

06:18
04/25/19
04/25
06:18
04/25/19
06:18
Earnings
Bayer reports Q1 core EPS EUR2.55 vs. EUR2.24 last year »

Reports Q1 sales…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 03

    May

  • 07

    May

  • 08

    May

  • 31

    May

LKQ

LKQ Corp.

$31.46

0.12 (0.38%)

06:18
04/25/19
04/25
06:18
04/25/19
06:18
Earnings
LKQ Corp. still sees 2019 adjusted EPS $2.34-$2.46, consensus $ »

Still sees 2019 organic…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 06

    May

  • 13

    May

  • 14

    May

  • 30

    May

  • 31

    May

  • 03

    Jun

  • 05

    Jun

  • 13

    Nov

AGR

Avangrid

$52.60

0.245 (0.47%)

06:17
04/25/19
04/25
06:17
04/25/19
06:17
Downgrade
Avangrid rating change  »

Avangrid downgraded to…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 21

    May

  • 21

    May

CX

Cemex

$4.83

0.05 (1.05%)

06:17
04/25/19
04/25
06:17
04/25/19
06:17
Earnings
Cemex reports Q1 revenue $3.2B, consensus $3.35B »

Operating EBITDA…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 06

    May

LKQ

LKQ Corp.

$31.46

0.12 (0.38%)

06:16
04/25/19
04/25
06:16
04/25/19
06:16
Earnings
LKQ Corp. reports Q1 adjusted EPS 56c, consensus 56c »

Reports Q1 revenue $3.1B,…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 06

    May

  • 13

    May

  • 14

    May

  • 30

    May

  • 31

    May

  • 03

    Jun

  • 05

    Jun

  • 13

    Nov

FBC

Flagstar Bancorp

$35.44

0.355 (1.01%)

06:16
04/25/19
04/25
06:16
04/25/19
06:16
Downgrade
Flagstar Bancorp rating change  »

Flagstar Bancorp…

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

See Street Research during your Free Trial

  • 02

    May

  • 13

    May

  • 21

    May

  • 11

    Jun

  • 20

    Jun

WYNN

Wynn Resorts

$144.35

1.35 (0.94%)

06:15
04/25/19
04/25
06:15
04/25/19
06:15
Upgrade
Wynn Resorts rating change  »

Wynn Resorts upgraded to…

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

See Street Research during your Free Trial

  • 07

    May

SAVE

Spirit Airlines

$58.30

0.82 (1.43%)

06:15
04/25/19
04/25
06:15
04/25/19
06:15
Downgrade
Spirit Airlines rating change at BofA/Merrill »

Spirit Airlines…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 14

    May

  • 21

    May

  • 12

    Jun

  • 13

    Nov

PNM

PNM Resources

$45.22

0.33 (0.74%)

06:15
04/25/19
04/25
06:15
04/25/19
06:15
Upgrade
PNM Resources rating change  »

PNM Resources upgraded to…

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

See Street Research during your Free Trial

  • 07

    May

  • 21

    May

BA

Boeing

$375.32

1.28 (0.34%)

, EADSY

Airbus

$0.00

(0.00%)

06:14
04/25/19
04/25
06:14
04/25/19
06:14
Periodicals
Boeing removes 210 orders from backlog after Jet stops operations, Reuters says »

Boeing (BA) has dropped…

BA

Boeing

$375.32

1.28 (0.34%)

EADSY

Airbus

$0.00

(0.00%)

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

See Street Research during your Free Trial

  • 29

    Apr

  • 30

    Apr

  • 29

    May

  • 05

    Jun

DAN

Dana

$20.13

-0.16 (-0.79%)

, F

Ford

$9.58

0.08 (0.84%)

06:14
04/25/19
04/25
06:14
04/25/19
06:14
Hot Stocks
Dana, Motiv announce collaboration on Ford F-550 for commercial fleet use »

Dana (DAN) and Motiv…

DAN

Dana

$20.13

-0.16 (-0.79%)

F

Ford

$9.58

0.08 (0.84%)

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

See Street Research during your Free Trial

  • 25

    Apr

  • 25

    Apr

  • 25

    Apr

  • 01

    May

  • 02

    May

  • 03

    May

  • 09

    May

  • 05

    Jun

  • 24

    Jul

  • 23

    Oct

FBNC

First Bancorp

06:14
04/25/19
04/25
06:14
04/25/19
06:14
Upgrade
First Bancorp rating change  »

First Bancorp upgraded to…

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

See Street Research during your Free Trial

  • 09

    May

PYPL

PayPal

$107.18

0.27 (0.25%)

06:14
04/25/19
04/25
06:14
04/25/19
06:14
Hot Stocks
Happy Returns announces strategic investment from PayPal »

Happy Returns announced a…

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

See Street Research during your Free Trial

  • 09

    May

  • 14

    May

  • 22

    May

  • 03

    Jun

  • 11

    Jun

SAP

SAP

$129.01

14.17 (12.34%)

06:14
04/25/19
04/25
06:14
04/25/19
06:14
Upgrade
SAP rating change  »

SAP upgraded to Hold from…

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

See Street Research during your Free Trial

  • 07

    May

WNS

WNS Holdings

$56.45

0.73 (1.31%)

06:14
04/25/19
04/25
06:14
04/25/19
06:14
Earnings
WNS Holdings sees FY20 adjusted EPS $2-67-$2.90, consensus $2.81 »

Sees FY20 revenue less…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 23

    May

NOK

Nokia

$5.78

-0.015 (-0.26%)

06:14
04/25/19
04/25
06:14
04/25/19
06:14
Earnings
Nokia sees FY20 EPS EUR 0.37-EUR 0.42 »

Sees FY20 non-IFRS…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 20

    May

NTB

Butterfield

$37.30

-0.18 (-0.48%)

06:13
04/25/19
04/25
06:13
04/25/19
06:13
Earnings
Butterfield reports Q1 EPS 96c, consensus 88c »

Net interest margin for…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 29

    Apr

  • 30

    Apr

WNS

WNS Holdings

$56.45

0.73 (1.31%)

06:12
04/25/19
04/25
06:12
04/25/19
06:12
Earnings
WNS Holdings reports Q4 adjusted EPS 73c, consensus 68c »

Reports Q4 revenue…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 23

    May

NOK

Nokia

$5.78

-0.015 (-0.26%)

06:12
04/25/19
04/25
06:12
04/25/19
06:12
Earnings
Nokia sees FY19 EPS EUR 0.25-EUR 0.29 »

Sees FY19 non-IFRS…

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

See Street Research during your Free Trial

  • 25

    Apr

  • 20

    May

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.