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PFG

Principal Financial

$55.77

0.69 (1.25%)

16:28
04/25/19
04/25
16:28
04/25/19
16:28

Principal Financial reports Q1 adjusted EPS $1.43, consensus $1.31

Reports AUM of $675.4B for the quarter vs. $626.8B in Q4.

  • 26

    Apr

  • 28

    Apr

  • 21

    May

  • 11

    Jun

PFG Principal Financial
$55.77

0.69 (1.25%)

01/08/19
01/08/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Unilever (UN, UL) downgraded to Neutral from Buy at UBS. 2. General Dynamics (GD) downgraded to Hold from Buy at Jefferies with analyst Sheila Kahyaoglu saying despite a portfolio of "marquee assets," the company's earnings "lack momentum." 3. Principal Financial (PFG) downgraded to Neutral from Buy at Goldman Sachs with analyst Alex Scott saying he sees less upside in the shares relative to other names in his life insurance coverage universe. 4. JPMorgan (JPM), SunTrust (STI), and U.S. Bancorp (USB) were downgraded to Hold from Buy at Jefferies. 5. Maxar Technologies (MAXR) downgraded to Underperform from Neutral at Credit Suisse, to Sell at Veritas, to Market Perform from Outperform at BMO Capital, and to Sector Perform at National Bank. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/09/19
EVER
01/09/19
DOWNGRADE
EVER
In Line
Principal Financial downgraded to In Line from Outperform at Evercore ISI
01/09/19
EVER
01/09/19
DOWNGRADE
Target $48
EVER
In Line
Principal Financial downgraded to In Line from Outperform at Evercore ISI
As reported earlier Evercore ISI analyst Thomas Gallagher downgraded Principal Financial to In Line and lowered his price target to $48 from $58 as part of his broader research note on US and Global Life insurers. The analyst notes that the stock trades at a modest premium based on his 10.5-times forward free cash flow estimate multiple, saying that its valuation is looks "full". Gallagher cites a "potential catalyst" for Principal Financial would be a "recovery in asset management and life insurance valuations" but sees its risk/reward on a relative basis as "properly balanced."
02/05/19
UBSW
02/05/19
DOWNGRADE
Target $45
UBSW
Sell
Principal Financial downgraded to Sell from Neutral at UBS
UBS analyst John Nadel downgraded Principal Financial Group (PFG) to Sell and lowered his price target for the shares to $45 from $46. Consensus estimates remain too high and do not appropriately reflect seasonal weakness typical of Principal's Q1 results, Nadel tells investors in a research note. The analyst views the shares as "currently overvalued" given the company's market pressures in the nearer term and competitive dynamics over the longer term. He prefers shares of Ameriprise Financial (AMP) and Voya Financial (VOYA) to Principal Financial.

TODAY'S FREE FLY STORIES

ES

Eversource

$76.49

-0.91 (-1.18%)

05:36
06/18/19
06/18
05:36
06/18/19
05:36
Recommendations
Eversource analyst commentary  »

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STIM

Neuronetics

$11.41

-0.11 (-0.95%)

05:21
06/18/19
06/18
05:21
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05:21
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LGF.B

Lionsgate

$11.30

-0.04 (-0.35%)

, LGF

Use LGF.A, LGF.B

$0.00

(0.00%)

05:17
06/18/19
06/18
05:17
06/18/19
05:17
Recommendations
Lionsgate, Use LGF.A, LGF.B analyst commentary  »

Lionsgate price target…

LGF.B

Lionsgate

$11.30

-0.04 (-0.35%)

LGF

Use LGF.A, LGF.B

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(0.00%)

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VRAY

ViewRay

$8.96

0.215 (2.46%)

05:14
06/18/19
06/18
05:14
06/18/19
05:14
Initiation
ViewRay initiated  »

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DLAKY

Lufthansa

$0.00

(0.00%)

05:12
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05:12
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05:12
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Lufthansa rating change  »

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EVRZF

Evraz

$0.00

(0.00%)

05:11
06/18/19
06/18
05:11
06/18/19
05:11
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Evraz rating change  »

Evraz downgraded to Hold…

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EVRZF

Evraz

$0.00

(0.00%)

05:10
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05:10
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05:10
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Evraz rating change  »

Evraz downgraded to Sell…

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USM

U.S. Cellular

$44.15

0.375 (0.86%)

05:09
06/18/19
06/18
05:09
06/18/19
05:09
Upgrade
U.S. Cellular rating change  »

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03/08/13
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03/08/13
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TDS

Telephone and Data

$29.21

-0.11 (-0.38%)

05:08
06/18/19
06/18
05:08
06/18/19
05:08
Upgrade
Telephone and Data rating change  »

Telephone and Data…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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ESS

Essex Property Trust

$302.21

3.03 (1.01%)

05:07
06/18/19
06/18
05:07
06/18/19
05:07
Downgrade
Essex Property Trust rating change  »

Essex Property Trust…

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  • 10

    Jul

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    Jul

CFPZF

Canfor

$0.00

(0.00%)

05:06
06/18/19
06/18
05:06
06/18/19
05:06
Upgrade
Canfor rating change  »

Canfor upgraded to…

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WFTBF

West Fraser Timber

$0.00

(0.00%)

05:05
06/18/19
06/18
05:05
06/18/19
05:05
Upgrade
West Fraser Timber rating change  »

West Fraser Timber…

03/08/13
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03/06/13
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RFP

Resolute Forest

$6.12

0.015 (0.25%)

05:05
06/18/19
06/18
05:05
06/18/19
05:05
Upgrade
Resolute Forest rating change  »

Resolute Forest upgraded…

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DLAKY

Lufthansa

$0.00

(0.00%)

05:03
06/18/19
06/18
05:03
06/18/19
05:03
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Lufthansa rating change  »

Lufthansa downgraded to…

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ACCYY

Accor

$0.00

(0.00%)

05:02
06/18/19
06/18
05:02
06/18/19
05:02
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Accor rating change  »

Accor upgraded to…

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03/08/13
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SNY

Sanofi

$42.65

0.19 (0.45%)

05:01
06/18/19
06/18
05:01
06/18/19
05:01
Downgrade
Sanofi rating change  »

Sanofi downgraded to Hold…

03/08/13
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03/08/13
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03/06/13
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  • 26

    Jun

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    Sep

AXELF

Axel Springer

$0.00

(0.00%)

04:59
06/18/19
06/18
04:59
06/18/19
04:59
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Axel Springer rating change  »

Axel Springer downgraded…

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OTSKY

Otsuka

$0.00

(0.00%)

04:58
06/18/19
06/18
04:58
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04:58
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Otsuka rating change  »

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LEN

Lennar

$53.01

-0.54 (-1.01%)

04:56
06/18/19
06/18
04:56
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04:56
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Lennar rating change  »

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  • 25

    Jun

KBH

KB Home

$26.21

-0.24 (-0.91%)

04:56
06/18/19
06/18
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04:56
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KB Home rating change  »

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  • 26

    Jun

VZ

Verizon

$57.63

-0.65 (-1.12%)

04:55
06/18/19
06/18
04:55
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04:55
Conference/Events
Verizon to host sell side analyst meeting »

Analyst meeting to be…

03/08/13
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  • 18

    Jun

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  • 09

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  • 01

    Aug

CVS

CVS Health

$54.52

0.34 (0.63%)

04:55
06/18/19
06/18
04:55
06/18/19
04:55
Conference/Events
CVS Health participates in a conference call with JPMorgan »

Healthcare Technology…

03/08/13
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  • 18

    Jun

  • 18

    Jun

ARWR

Arrowhead

$26.43

0.62 (2.40%)

04:55
06/18/19
06/18
04:55
06/18/19
04:55
Conference/Events
Arrowhead management to meet with Piper Jaffray »

Meeting to be held in San…

03/08/13
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  • 18

    Jun

HRB

H&R Block

$28.34

-0.35 (-1.22%)

04:55
06/18/19
06/18
04:55
06/18/19
04:55
Conference/Events
H&R Block management to meet with Northcoast »

Meeting to be held in…

03/08/13
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  • 18

    Jun

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    Jul

GIII

G-III Apparel

$25.67

-0.03 (-0.12%)

04:55
06/18/19
06/18
04:55
06/18/19
04:55
Conference/Events
G-III Apparel management to meet with KeyBanc »

Meeting to be held in New…

03/08/13
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03/06/13
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  • 18

    Jun

  • 09

    Jul

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