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ABM

ABM

$37.16

-0.345 (-0.92%)

, SAVE

Spirit Airlines

$54.96

-0.175 (-0.32%)

08:05
04/17/19
04/17
08:05
04/17/19
08:05

ABM to provide into-plane fueling services for Spirit Airlines at IAH

ABM (ABM) will now provide into-plane fueling services for Spirit Airlines (SAVE) at George Bush Intercontinental Airport, or IAH, in Houston, Texas. Under the leadership of George Mencarelli, ABM VP of fueling, the team brings decades of experience in aviation fueling operations. ABM will fuel approximately 25 Spirit Airlines flights each day out of IAH, totaling nearly 9,000 flights annually.

ABM

ABM

$37.16

-0.345 (-0.92%)

SAVE

Spirit Airlines

$54.96

-0.175 (-0.32%)

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    Nov

ABM ABM
$37.16

-0.345 (-0.92%)

01/11/19
KING
01/11/19
DOWNGRADE
KING
Neutral
ABM downgraded to Neutral from Buy at CL King
CL King downgraded ABM to Neutral citing fair valuation, difficult comps, and continued labor pressures.
02/14/19
MAXM
02/14/19
INITIATION
Target $45
MAXM
Buy
ABM initiated with a Buy at Maxim
Maxim analyst Tate Sullivan initiated ABM with a Buy rating and a price target of $45, citing its "momentum in integrating energy efficiency projects into existing facility management contracts with large clients." The analyst further cites the company's growing number of energy efficiency projects announced in 2018-2019 and higher short interest after its 2017 acquisition of GCA Services.
02/14/19
02/14/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Catasys (CATS) initiated with an Outperform at Oppenheimer. 2. Harmonic (HLIT) initiated with a Buy at Needham. 3. Allegheny Technologies (ATI) initiated with an Outperform at Macquarie. 4. ABM (ABM) initiated with a Buy at Maxim. 5. CSG (CSGS) initiated with a Buy at B. Riley FBR. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/05/19
KEYB
04/05/19
INITIATION
KEYB
Sector Weight
ABM initiated with a Sector Weight at KeyBanc
KeyBanc analyst Sean Eastman initiated ABM Industries with a Sector Weight rating, saying he views the company as a compelling, late-cycle/defensive play. He also views nascent strategic initiatives as having the potential to support structurally higher organic growth and margins long-term. He looksfor better visibility on margin trajectory toward management's target given the tight labor capacity, limited pricing upside/operating leverage in ABM's mature business lines, and restrictive leverage keeping ABM sidelined from strategic acquisitions.
SAVE Spirit Airlines
$54.96

-0.175 (-0.32%)

03/11/19
LEHM
03/11/19
NO CHANGE
LEHM
Barclays upgrades Spirit to Overweight and names Top Pick, downgrades JetBlue
Barclays analyst Brandon Oglenski upgraded Spirit Airlines (SAVE) to Overweight from Equal Weight while downgrading JetBlue Airways (JBLU) to Equal Weight from Overweight. The analyst says that in a sector "besieged by seemingly permanent negative sentiment," he seeks airline managements "driving agendas and delivering tangible results." Improvements in network reliability, traction on revenue management initiatives, dynamic pricing of ancillary products and prime growth opportunities in the U.S. market suggest Spirit shares are "significantly undervalued," Oglenski tells investors in a research note. He expects the company's earnings growth will exceed 40% in 2019, and sees upside of over 35% in the shares. Oglenski names Spirit his Top Pick in airlines. For JetBlue, the analyst believes the company's commercial initiatives can be subject to competitive pressure. While there is a lot to like, the company is not seeing much traction, says Oglenski.
03/11/19
03/11/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Apple (AAPL) upgraded to Buy from Neutral at BofA/Merrill with analyst Wamsi Mohan saying he now sees "stability" of supply chain order cuts and a "large reversal of inventory overhang" in iPhones. He believes negative consensus estimates revisions for fiscal 2020 and 2021 have overshot to the downside and that the valuation, excluding Apple's cash position, is attractive. The analyst also raised his price target for the shares to $210 from $180. 2. Facebook (FB) upgraded to Buy from Neutral at Nomura Instinet with analyst Mark Kelley saying Facebook's transition to Stories appears to be occurring more quickly than we expected. 3. FireEye (FEYE) upgraded to Overweight from Neutral at JPMorgan with analyst Sterling Auty saying the stock's year-to-date performance has been 23% below the group's coverage, and the stock is now trading at 3.7 times estimated fiscal 2019 revenue estimates. 4. Spirit Airlines (SAVE) upgraded to Overweight from Equal Weight at Barclays with analyst Brandon Oglenski raising his price target for the shares to $70 from $65. 5. AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill with analyst Elizabeth Suzuki saying she does not think that the rally for auto parts stocks is over and she believes that AutoZone's valuation discount to the group should narrow as it grows its commercial business. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/28/19
IMPC
03/28/19
NO CHANGE
Target $83
IMPC
Outperform
Spirit Airlines price target lowered to $83 from $92 at Imperial Capital
Imperial Capital analyst Michael Derchin lowered his price target for Spirit Airlines to $83 from $92 to reflect reflect higher fuel prices and conservatism on fiscal 2020 unit revenues. The analyst, however, says Spirit remains his top pick with an Outperform rating. Current share valuations are attractive due to moderate capacity growth, greater yield management capabilities, ancillary revenue growth with key initiatives in the pipeline, cost controls, and "significantly improved" operational reliability resulting in top-tier margins, Derchin tells investors in a research note.
04/02/19
SPHN
04/02/19
NO CHANGE
Target $63
SPHN
Overweight
Airlines needed some good news, and Delta delivered, says Stephens
With investor sentiment on the airline space negative, the group was in need of some good news and Delta Air Lines delivered a positive surprise this morning, Stephens analyst Jack Atkins tells investors in a research note. The airline pointed Q1 RASM growth to the upper-end of its initial guidance range, lowered its Q1 CASM excluding fuel expectation and raised its Q1 earnings guidance range, says the analyst. Atkins finds it encouraging that Delta noted underlying passenger demand remains solid and that the business market led the way during the quarter. Further, the company announced an extension of its credit card partnership with American Express (AXP), which is expected to double the revenue contribution to $7B by 2023 versus 2018 levels, he notes. Atkins reiterates an Overweight rating on Delta with a $63 price target. The stock in midday trading is up 7% to $55.64. Other names in the airline space include Alaska Air (ALK), American Airlines (AAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Continental (UAL).

TODAY'S FREE FLY STORIES

SCHW

Charles Schwab

$45.57

-0.53 (-1.15%)

17:04
04/19/19
04/19
17:04
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17:04
Conference/Events
Charles Schwab to hold a webcast »

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12:45
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12:45
General news
Breaking General news story  »

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MMNFF

MedMen

$0.00

(0.00%)

11:13
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MedMen announces resignations of COO and General Counsel »

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TKC

Turkcell

$5.49

-0.175 (-3.09%)

11:08
04/19/19
04/19
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11:08
Hot Stocks
Turkcell sees conclusion of $4.2B lawsuit against MTN this year »

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FCCY

1st Constitution Bancorp

$18.07

-0.14 (-0.77%)

11:05
04/19/19
04/19
11:05
04/19/19
11:05
Earnings
1st Constitution Bancorp reports Q1 EPS 39c, two estimates 36c »

Robert Mangano, President…

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QUMU

Qumu

$2.83

-0.035 (-1.22%)

11:03
04/19/19
04/19
11:03
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11:03
Hot Stocks
Qumu announces death of director Thomas Madison »

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FAT

Fat Brands

$5.15

0.065 (1.28%)

10:54
04/19/19
04/19
10:54
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10:54
Hot Stocks
Fat Brands announces development of Fatburger concept in Albuquerque »

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HRTG

Heritage Insurance

$14.32

0.25 (1.78%)

10:52
04/19/19
04/19
10:52
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10:52
Hot Stocks
Heritage Insurance announces preliminary Q1 catastrophe losses of $15.4M »

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  • 01

    May

COTY

Coty

$11.27

0.02 (0.18%)

10:48
04/19/19
04/19
10:48
04/19/19
10:48
Hot Stocks
Coty notes extension of tender offer by affiliate of JAB Holding Company »

Coty notes the extension…

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NTES

NetEase

$265.88

-2.34 (-0.87%)

10:45
04/19/19
04/19
10:45
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Hot Stocks
NetEase announces music license agreement with Nippon Columbia »

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09:10
04/19/19
04/19
09:10
04/19/19
09:10
General news
Today's U.S. housing report revealed March declines »

Today's U.S. housing…

08:45
04/19/19
04/19
08:45
04/19/19
08:45
General news
U.S. housing starts fell 0.3% to 1.139 M in March »

U.S. housing starts fell…

08:15
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General news
Housing Starts to be reported at 08:30 »

March Housing Starts will…

08:15
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General news
Housing Starts Permits to be reported at 08:30 »

March Housing Starts…

08:05
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04/19
08:05
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08:05
General news
U.S. housing starts preview: »

U.S. housing starts…

NDEKY

Nitto Denko

$0.00

(0.00%)

06:53
04/19/19
04/19
06:53
04/19/19
06:53
Downgrade
Nitto Denko rating change at Goldman Sachs »

Nitto Denko downgraded to…

03/08/13
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CURO

Curo Group

$10.96

0.16 (1.48%)

04:55
04/19/19
04/19
04:55
04/19/19
04:55
Conference/Events
Curo Group management to meet with Jefferies »

Meeting to be held in…

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04:55
04/19/19
04/19
04:55
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04:55
General news
Breaking General news story  »

Week of 4/19 Baker-Hughes…

04:55
04/19/19
04/19
04:55
04/19/19
04:55
General news
Housing Starts Permits to be reported at 08:30 »

March Housing Starts…

AON

Aon plc

$175.38

-0.14 (-0.08%)

, MMC

Marsh & McLennan

$93.76

-0.62 (-0.66%)

04:55
04/19/19
04/19
04:55
04/19/19
04:55
Conference/Events
Willis Towers Watson »

Analyst Klauber holds a…

AON

Aon plc

$175.38

-0.14 (-0.08%)

MMC

Marsh & McLennan

$93.76

-0.62 (-0.66%)

WLTW

Willis Towers Watson

$177.37

0.45 (0.25%)

03/08/13
Wedge Partners
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04:55
04/19/19
04/19
04:55
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04:55
General news
Housing Starts to be reported at 08:30 »

March Housing Starts will…

ISRG

Intuitive Surgical

$528.04

3.29 (0.63%)

21:07
04/18/19
04/18
21:07
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21:07
Recommendations
Intuitive Surgical analyst commentary at Piper Jaffray »

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UBER

Uber

$0.00

(0.00%)

, TM

Toyota

$125.10

0.93 (0.75%)

20:35
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04/18
20:35
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20:35
Hot Stocks
Uber confirms investment from Toyota, DENSO and SoftBank Vision Fund »

Toyota Motor (TM), Denso…

UBER

Uber

$0.00

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TM

Toyota

$125.10

0.93 (0.75%)

DNZOY

Denso

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

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  • 05

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FIX

Comfort Systems USA

$57.58

0.06 (0.10%)

20:08
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Hot Stocks
Comfort Systems USA discloses ransomware attack virus »

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NSANY

Nissan

$0.00

(0.00%)

, RNSDF

Renault

$0.00

(0.00%)

19:29
04/18/19
04/18
19:29
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19:29
Periodicals
Nissan to cut global output by 15% in FY19/20, Nikkei reports »

Nissan Motor (NSANY) will…

NSANY

Nissan

$0.00

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RNSDF

Renault

$0.00

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