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PPG

PPG

$119.81

2.42 (2.06%)

14:16
04/18/19
04/18
14:16
04/18/19
14:16

PPG says prepared to implement more cost reduction actions if necessary

Says continues to closely monitor macroeconomic environment. Says prepared to implement more cost reduction actions if necesesary.

  • 18

    Apr

  • 18

    Apr

PPG PPG
$119.81

2.42 (2.06%)

03/22/19
JPMS
03/22/19
DOWNGRADE
Target $106
JPMS
Underweight
PPG downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Jeffrey Zekauskas downgraded PPG Industries to Underweight from Neutral with an unchanged price target of $106.
03/22/19
JPMS
03/22/19
DOWNGRADE
Target $106
JPMS
Underweight
JPMorgan downgrades PPG to Underweight, says company split unlikely
JPMorgan analyst Jeffrey Zekauskas downgraded PPG Industries to Underweight from Neutral with an unchanged price target of $106. PPG shares have been drifting higher in 2019 as the market continues to prefer higher quality and less cyclical materials companies to their more cyclical counterparts, Zekauskas tells investors in a research note. However, the analyst believes general economic business conditions are "arguably weaker than they have been because of decreased rates of economic growth in China and in Europe." He continues to think that an 11.5 times multiple of 2019 EBITDA represents fair value for PPG, which implies a $106 share price objective for 2019. Further, PPG is unlikely to split itself into two different coatings entities as Trian has suggested, Zekauskas contends.
03/22/19
03/22/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. PPG (PPG) downgraded to Underweight from Neutral at JPMorgan with analyst Jeffrey Zekauskas saying PPG shares have been drifting higher in 2019 as the market continues to prefer higher quality and less cyclical materials companies, however general economic business conditions are "arguably weaker than they have been because of decreased rates of economic growth in China and in Europe." 2. Sherwin-Williams (SHW) downgraded to Neutral from Overweight at JPMorgan with analyst Jeffrey Zekauskas citing valuation. 3. Booking Holdings (BKNG) downgraded to Neutral from Outperform at Wedbush with analyst James Hardiman stating that he believes the company's dominant position in Europe will be favorable in the long term, but is likely to represent a liability in 2019 as it is could amplify risks of earnings revisions and multiple compression. 4. Biogen (BIIB) downgraded to Underweight from Overweight at Morgan Stanley with analyst Matthew Harrison citing the failure of two Alzheimer's disease trials and noting that his optimism on Alzheimer's was "completely wrong." 5. Lululemon (LULU) downgraded to Neutral from Outperform at Wedbush with analyst Jen Redding saying that while she continues to see lululemon as best in class among specialty retailers, she is moving to the sidelines in anticipation of potentially less margin upside ahead, based on insights from proprietary data products. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/12/19
KEYB
04/12/19
NO CHANGE
Target $125
KEYB
Overweight
PPG price target raised to $125 from $117 at KeyBanc
KeyBanc analyst Michael Sison reiterated an Overweight rating on PPG and raised his price target to $125, saying the company has good leverage to demand recovery and should begin to see benefits of higher pricing closing the raw material gap helping to offset negative foreign currency pressures and "sluggish" auto OEM and European demand.

TODAY'S FREE FLY STORIES

FVRR

Fiverr

$21.54

1.28 (6.32%)

08:42
12/11/19
12/11
08:42
12/11/19
08:42
Conference/Events
Fiverr management to meet with JMP Securities »

Meeting to be held in San…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 12

    Dec

SYY

Sysco

$82.50

-0.63 (-0.76%)

, BUD

AB InBev

$78.11

-0.7 (-0.89%)

08:41
12/11/19
12/11
08:41
12/11/19
08:41
Conference/Events
Citigroup to hold a conference »

Global Consumer…

SYY

Sysco

$82.50

-0.63 (-0.76%)

BUD

AB InBev

$78.11

-0.7 (-0.89%)

CPRI

Capri Holdings

$37.91

-0.595 (-1.55%)

CRI

Carter's

$101.21

-1.18 (-1.15%)

CCEP

Coca-Cola European Partners

$49.59

(0.00%)

BREW

Craft Brew

$16.46

(0.00%)

GSK

GlaxoSmithKline

$46.13

0.5 (1.10%)

HLF

Herbalife Nutrition

$45.08

0.265 (0.59%)

MED

Medifast

$89.27

0.315 (0.35%)

UN

Unilever

$60.19

-0.29 (-0.48%)

TSCDY

Tesco

$0.00

(0.00%)

SWMAY

Swedish Match

$0.00

(0.00%)

RBGLY

Reckitt Benckiser

$0.00

(0.00%)

NSRGY

Nestle

$0.00

(0.00%)

MAKSY

Marks & Spencer

$0.00

(0.00%)

BTI

British American Tobacco

$39.32

-0.28 (-0.71%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 27

    Feb

GNMK

GenMark

$5.58

-0.04 (-0.71%)

08:41
12/11/19
12/11
08:41
12/11/19
08:41
Downgrade
GenMark rating change  »

JPMorgan downgrades…

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

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COP

ConocoPhillips

$61.75

-0.07 (-0.11%)

, NBL

Noble Energy

$21.80

(0.00%)

08:40
12/11/19
12/11
08:40
12/11/19
08:40
Recommendations
ConocoPhillips, Noble Energy, Chevron analyst commentary  »

Morgan Stanley reiterates…

COP

ConocoPhillips

$61.75

-0.07 (-0.11%)

NBL

Noble Energy

$21.80

(0.00%)

CVX

Chevron

$117.90

0.59 (0.50%)

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

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ADBE

Adobe

$304.21

-2.78 (-0.91%)

08:40
12/11/19
12/11
08:40
12/11/19
08:40
Recommendations
Adobe analyst commentary  »

Adobe price target raised…

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

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  • 12

    Dec

  • 23

    Jan

MATN

Mateon Therapeutics

$0.00

(0.00%)

08:39
12/11/19
12/11
08:39
12/11/19
08:39
Hot Stocks
Mateon Therapeutics establishes EdgePoint AI division »

Mateon Therapeutics…

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

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FTV

Fortive

$73.83

-0.31 (-0.42%)

, CMCO

Columbus McKinnon

$42.19

0.31 (0.74%)

08:38
12/11/19
12/11
08:38
12/11/19
08:38
Hot Stocks
Fortive appoints Mark Morelli as CEO, David Naemura as CFO of NewCo »

Fortive (FTV) announced…

FTV

Fortive

$73.83

-0.31 (-0.42%)

CMCO

Columbus McKinnon

$42.19

0.31 (0.74%)

GTES

Gates Industrial

$12.51

-0.135 (-1.07%)

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

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  • 11

    Dec

FGEN

FibroGen

$48.02

0.3 (0.63%)

08:37
12/11/19
12/11
08:37
12/11/19
08:37
Conference/Events
FibroGen management to meet with Jefferies »

Meeting to be held in San…

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

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  • 12

    Dec

ABB

ABB

$22.69

(0.00%)

, MMM

3M

$167.65

-2.2 (-1.30%)

08:37
12/11/19
12/11
08:37
12/11/19
08:37
Conference/Events
Wolfe Research to hold a field trip »

European Multi-Industry…

ABB

ABB

$22.69

(0.00%)

MMM

3M

$167.65

-2.2 (-1.30%)

SCHN

Schnitzer Steel

$22.40

0.25 (1.13%)

UTX

United Technologies

$145.38

-0.86 (-0.59%)

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

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  • 29

    Jan

MYSZ

MySize

$3.54

0.03 (0.85%)

08:37
12/11/19
12/11
08:37
12/11/19
08:37
Hot Stocks
MySize's smart measurement software reduces costs for DeMoulin »

My Size reports it has…

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

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PGR

Progressive

$72.84

-0.51 (-0.70%)

08:37
12/11/19
12/11
08:37
12/11/19
08:37
Earnings
Progressive reports November EPS 52c vs. 41c last year »

Reports net premiums…

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

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BLRX

BioLineRx

$2.75

0.15 (5.77%)

, BD

Budget Group

$0.00

(0.00%)

08:36
12/11/19
12/11
08:36
12/11/19
08:36
Conference/Events
European Society for Medical Oncology to hold a conference »

ESMO Immuno-Oncology…

BLRX

BioLineRx

$2.75

0.15 (5.77%)

BD

Budget Group

$0.00

(0.00%)

IDRA

Idera Pharmaceuticals

$1.70

-0.09 (-5.03%)

MRK

Merck

$89.08

0.37 (0.42%)

PFE

Pfizer

$38.49

0.17 (0.44%)

NKTR

Nektar

$22.43

-0.72 (-3.11%)

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

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  • 11

    Dec

  • 11

    Dec

  • 17

    Dec

  • 24

    Jan

  • 24

    Jan

  • 05

    Feb

  • 14

    Mar

BA

Boeing

$347.86

-3.39 (-0.97%)

08:36
12/11/19
12/11
08:36
12/11/19
08:36
Periodicals
FAA chief tells CNBC Boeing 737 Max recertification won't occur in 2019 »

Federal Aviation…

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

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GILD

Gilead

$67.07

0.13 (0.19%)

, KNSA

Kiniksa

$12.93

1.49 (13.02%)

08:36
12/11/19
12/11
08:36
12/11/19
08:36
Hot Stocks
Gilead, Kiniksa announce collaboration on Phase 2 mavrilimumab study »

Kite, a Gilead company…

GILD

Gilead

$67.07

0.13 (0.19%)

KNSA

Kiniksa

$12.93

1.49 (13.02%)

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

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DOC

Physicians Realty Trust

$18.99

-0.19 (-0.99%)

08:36
12/11/19
12/11
08:36
12/11/19
08:36
Conference/Events
Physicians Realty Trust management to meet with KeyBanc »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 12

    Dec

CMCO

Columbus McKinnon

$42.19

0.31 (0.74%)

, FTV

Fortive

$73.83

-0.31 (-0.42%)

08:35
12/11/19
12/11
08:35
12/11/19
08:35
Hot Stocks
Columbus McKinnon CEO Mark Morelli to depart to become CEO of Fortiv NewCo »

Columbus McKinnon (CMCO)…

CMCO

Columbus McKinnon

$42.19

0.31 (0.74%)

FTV

Fortive

$73.83

-0.31 (-0.42%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 11

    Dec

ATXI

Avenue Therapeutics

$6.45

0.34 (5.56%)

08:34
12/11/19
12/11
08:34
12/11/19
08:34
Hot Stocks
Avenue Therapeutics announces NDA submission for IV tramadol »

Avenue Therapeutics…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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08:34
12/11/19
12/11
08:34
12/11/19
08:34
Conference/Events
Food & Drug Law Institute to hold a conference »

Enforcement, Litigation…

IDEX

Ideanomics

$0.72

-0.0803 (-10.03%)

08:34
12/11/19
12/11
08:34
12/11/19
08:34
Hot Stocks
Ideanomics signs exclusive partnership with Chinese truck management platform »

Ideanomics announced a…

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

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KNSA

Kiniksa

$12.93

1.49 (13.02%)

, GILD

Gilead

$67.07

0.13 (0.19%)

08:33
12/11/19
12/11
08:33
12/11/19
08:33
Hot Stocks
Kiniksa, Kite announce collaboration for study of mavrilimumab w/ Yescarta »

Kite, a Gilead Company…

KNSA

Kiniksa

$12.93

1.49 (13.02%)

GILD

Gilead

$67.07

0.13 (0.19%)

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

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08:33
12/11/19
12/11
08:33
12/11/19
08:33
Conference/Events
DA Davidson to hold a tour »

Beauty & Wellness Bus…

AOBC

American Outdoor Brands

$9.07

0.15 (1.68%)

, AVCO

Avalon GloboCare

$1.82

0.36 (24.66%)

08:32
12/11/19
12/11
08:32
12/11/19
08:32
Conference/Events
Roth Capital to hold a conference »

8th Annual ROTH Deer…

AOBC

American Outdoor Brands

$9.07

0.15 (1.68%)

AVCO

Avalon GloboCare

$1.82

0.36 (24.66%)

BBSI

Barrett Business

$89.45

1.85 (2.11%)

BNGO

Bionano Genomics

$1.02

-0.055 (-5.14%)

IRMD

iRadimed

$22.89

0.48 (2.14%)

FC

Franklin Covey

$35.80

0.17 (0.48%)

NBEV

New Age Beverages

$1.83

-0.135 (-6.89%)

WATT

Energous

$1.93

-0.11 (-5.39%)

EAST

Eastside Distilling

$2.97

(0.00%)

DCTH

Delcath Systems

$0.00

(0.00%)

BOOM

DMC Global

$50.48

0.715 (1.44%)

CLAR

Clarus

$12.73

0.34 (2.74%)

JRSH

Jerash Holdings

$6.50

(0.00%)

MCHX

Marchex

$3.71

-0.05 (-1.33%)

JYNT

Joint Corp.

$17.53

-0.06 (-0.34%)

SOLY

Soliton

$10.50

-0.2 (-1.87%)

SMSI

Smith Micro

$4.46

-0.04 (-0.89%)

PWFL

PowerFleet

$5.98

0.08 (1.36%)

OSIS

OSI Systems

$99.54

-0.58 (-0.58%)

LOVE

Lovesac

$14.44

-0.24 (-1.63%)

VERI

Veritone

$2.92

-0.1 (-3.31%)

WTER

Alkaline Water

$1.13

-0.07 (-5.83%)

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

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  • 11

    Dec

  • 11

    Dec

  • 12

    Dec

  • 12

    Dec

  • 13

    Dec

  • 17

    Dec

  • 19

    Dec

  • 19

    Dec

  • 23

    Jan

  • 23

    Jan

  • 24

    Jan

NXST

Nexstar

$105.79

-3.18 (-2.92%)

, GTN

Gray Television

$20.18

-0.42 (-2.04%)

08:31
12/11/19
12/11
08:31
12/11/19
08:31
Recommendations
Nexstar, Gray Television, Sinclair Broadcast, Tegna, Meredith, E.W. Scripps analyst commentary  »

Guggenheim says Nexstar,…

NXST

Nexstar

$105.79

-3.18 (-2.92%)

GTN

Gray Television

$20.18

-0.42 (-2.04%)

SBGI

Sinclair Broadcast

$31.97

-0.72 (-2.20%)

TGNA

Tegna

$15.77

-0.105 (-0.66%)

MDP

Meredith

$35.67

-0.22 (-0.61%)

SSP

E.W. Scripps

$14.78

-0.33 (-2.18%)

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

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  • 11

    Dec

  • 17

    Dec

  • 18

    Dec

EVER

EverQuote

$36.04

0.69 (1.95%)

, LIQT

LiqTech

$4.95

-0.13 (-2.56%)

08:30
12/11/19
12/11
08:30
12/11/19
08:30
Options
Two new option listings on December 11th »

New option listings for…

EVER

EverQuote

$36.04

0.69 (1.95%)

LIQT

LiqTech

$4.95

-0.13 (-2.56%)

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

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AAOI

Applied Optoelectronics

$10.29

-0.04 (-0.39%)

, ANET

Arista Networks

$192.15

1.86 (0.98%)

08:29
12/11/19
12/11
08:29
12/11/19
08:29
Conference/Events
Cowen to hold a summit »

6th Annual Networking…

AAOI

Applied Optoelectronics

$10.29

-0.04 (-0.39%)

ANET

Arista Networks

$192.15

1.86 (0.98%)

CALX

Calix

$7.64

0.1 (1.33%)

DOX

Amdocs

$69.51

-0.55 (-0.79%)

EXTR

Extreme Networks

$6.89

0.02 (0.29%)

FFIV

F5 Networks

$137.96

0.48 (0.35%)

FN

Fabrinet

$58.47

-1.03 (-1.73%)

HPE

HP Enterprise

$15.83

0.17 (1.09%)

IIVI

II-VI

$29.36

-0.15 (-0.51%)

KEYS

Keysight Technologies

$101.58

-0.12 (-0.12%)

MSI

Motorola Solutions

$160.87

-0.63 (-0.39%)

NTGR

Netgear

$24.07

-0.29 (-1.19%)

PFPT

Proofpoint

$113.69

-1.45 (-1.26%)

PLT

Plantronics

$22.93

-0.44 (-1.88%)

QLYS

Qualys

$85.76

0.14 (0.16%)

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

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  • 11

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    Dec

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