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BX

Blackstone

$40.90

-0.8 (-1.92%)

, PLD

Prologis

$76.22

-0.35 (-0.46%)

14:00
05/23/19
05/23
14:00
05/23/19
14:00

Blackstone, Prologis bid on GLP unit that could be valued at over $20B, WSJ says

BX

Blackstone

$40.90

-0.8 (-1.92%)

PLD

Prologis

$76.22

-0.35 (-0.46%)

  • 03

    Jun

  • 04

    Jun

  • 11

    Jun

BX Blackstone
$40.90

-0.8 (-1.92%)

01/02/19
SUSQ
01/02/19
UPGRADE
Target $31
SUSQ
Positive
Crocs upgraded to Positive at Susquehanna
As reported previously, Susquehanna analyst Sam Poser upgraded Crocs (CROX) to Positive from Neutral. The analyst cited the recent repurchase and conversion of Blackstone's (BX) preferred stock position as it removes a substantial financial overhang from the company's capital structure and shifts more control of the business into the hands of existing and potential shareholders. In addition, the business continues to accelerate as processes and products improve and the brand gains traction, said Poser, who raised his price target to $31 from $25 on Crocs shares.
04/15/19
SBSH
04/15/19
UPGRADE
Target $35
SBSH
Neutral
Citi upgrades Franklin Resources, Artisan to Neutral from Sell
Citi analyst William Katz upgraded both Franklin Resources (BEN) and Artisan Partners (APAM) to Neutral from Sell. The analyst raised his price target to $35 from $28 for the former and to $25 from $20 for the latter. Ahead of the Q1 earnings season, however, the analyst favors the Alternatives. His top picks are Och-Ziff Capital (OZM), Brookfield (BAM) and Blackstone (BX). Katz, though, is "tactically less negative" on the Traditional asset managers.
04/22/19
MSCO
04/22/19
NO CHANGE
Target $45
MSCO
Overweight
Blackstone price target raised to $45 from $40 at Morgan Stanley
Morgan Stanley analyst Michael Cyprys raised his valuation multiple on "sticky" management fee earnings at Blackstone and increased his price target on the stock to $45 from $40 following the company's announcement of plans to convert to a C-Corporation, stating that he believes the change from a partnership should unlock value by expanding the investor base that can participate. He believes multiple expansion should more than offset the expected 2%-5% hit to EPS over the next few years and 12%-13% longer-term hit from shifting to a corporate tax rate, said Cyprys, who keeps an Overweight rating on Blackstone shares.
04/23/19
SBSH
04/23/19
NO CHANGE
SBSH
Citi adds Blackstone to Focus List, removes Chubb and Pioneer Natural
Citi added Blackstone (BX) to its US Focus List on the belief that the shares have more room to run. Blackstone could have "materially more upside," especially considering its "best-in-class" business model and widespread investor appeal, the firm's North America Research team says in a note. It removed Chubb (CB) and Pioneer Natural Resources (PXD) from the US Focus List due to analyst departures.
PLD Prologis
$76.22

-0.35 (-0.46%)

05/15/19
GSCO
05/15/19
INITIATION
Target $87
GSCO
Conviction Buy
Prologis initiated with a Conviction Buy at Goldman Sachs
Goldman Sachs analysts led by Caitlin Burrows initiated coverage of five Industrial REITs with a favorable outlook, citing the view that demand will be driven by secular growth in e-commerce and cyclical factors and will remain strong. Burrows and the team started Prologis with a Buy rating and placed the stock on the Americas Conviction List, citing the strong SS NOI growth that is being driven by its strategy of prioritizing rate growth. They set a price target of $87 on Prologis shares.
05/20/19
EVER
05/20/19
DOWNGRADE
EVER
In Line
Prologis downgraded to In Line from Outperform at Evercore ISI
05/20/19
05/20/19
DOWNGRADE
Target $78

In Line
Prologis downgraded to In Line on valuation at Evercore ISI
As previously reported, Evercore ISI analyst Steve Sakwa downgraded Prologis to In Line from Outperform given its sharp gains year to date and outperformance versus the REIT index. While the analyst is still positive on industrial fundamentals and believes the operational setup is strong over the next 12-24 months, he thinks much of this good news is priced into the stock and the risk/reward seems more balanced. Sakwa also raised his price target on the shares to $78 from $75.
05/20/19
EVER
05/20/19
UPGRADE
Target $100
EVER
In Line
Life Storage upgraded to In Line from Underperform at Evercore ISI
Evercore ISI analyst Steve Sakwa this morning upgraded Life Storage (LSI) to In Line from Underperform with an unchanged price target of $100. The stock year-to-date has underperformed peers even though the company, on an operational basis, performed relatively in line during Q1, Sakwa tells investors in a research note. The analyst, who believes it is too early to know how the peak leasing season will turn out, cites valuation for his upgrade of Life Storage to In Line. Sakwa this morning also downgraded Prologis (PLD) to In Line from Outperform.

TODAY'S FREE FLY STORIES

GGB

Gerdau

$3.79

0.03 (0.80%)

13:40
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06/19
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13:40
Options
Massive 3way in Gerdau rolls short June 4 puts into long September combo »

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  • 07

    Aug

13:40
06/19/19
06/19
13:40
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13:40
General news
Treasury Action: modest selling pressure has dominated in the bond market today »

Treasury Action: modest…

TEUM

Pareteum

$2.73

-0.085 (-3.02%)

13:39
06/19/19
06/19
13:39
06/19/19
13:39
Hot Stocks
Pareteum announces commercial launch of Pareteum Experience Cloud »

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  • 24

    Jun

  • 25

    Jun

  • 17

    Jul

GSK

GlaxoSmithKline

$40.51

0.28 (0.70%)

13:36
06/19/19
06/19
13:36
06/19/19
13:36
Periodicals
GlaxoSmithKline kicks off sale of $1.26B consumer health drugs, Reuters says »

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  • 20

    Jun

  • 29

    Aug

GTE

Gran Tierra

$1.61

-0.325 (-16.80%)

13:28
06/19/19
06/19
13:28
06/19/19
13:28
Hot Stocks
Gran Tierra down 16% after saying it will revise guidance, issue with blockades »

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GSK

GlaxoSmithKline

$40.52

0.29 (0.72%)

13:28
06/19/19
06/19
13:28
06/19/19
13:28
Periodicals
GlaxoSmithKline looks to raise GBP1B from portfolio disposals, Reuters says »

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  • 20

    Jun

  • 29

    Aug

BYND

Beyond Meat

$166.15

-3.7 (-2.18%)

, YUM

Yum! Brands

$108.27

-0.42 (-0.39%)

13:25
06/19/19
06/19
13:25
06/19/19
13:25
Periodicals
Taco Bell not planning to add plant-based meat to its menu, CNBC says »

Yum Brands' (YUM)…

BYND

Beyond Meat

$166.15

-3.7 (-2.18%)

YUM

Yum! Brands

$108.27

-0.42 (-0.39%)

APO

Apollo Global

$33.92

0.485 (1.45%)

TACO

Del Taco

$11.37

-0.07 (-0.61%)

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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ORCL

Oracle

$52.50

-0.38 (-0.72%)

, MSFT

Microsoft

$134.22

-0.98 (-0.72%)

13:25
06/19/19
06/19
13:25
06/19/19
13:25
On The Fly
Fly Intel: What to watch in Oracle's earnings report »

Oracle (ORCL) is…

ORCL

Oracle

$52.50

-0.38 (-0.72%)

MSFT

Microsoft

$134.22

-0.98 (-0.72%)

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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  • 19

    Jun

  • 20

    Jun

  • 23

    Jun

  • 09

    Jul

  • 10

    Jul

  • 06

    Aug

13:25
06/19/19
06/19
13:25
06/19/19
13:25
Conference/Events
House Financial Services Committee to hold a hearing »

The Subcommittee on…

TOO

Teekay Offshore Partners

$1.15

0.02 (1.78%)

, BBU

Brookfield Business Partners

$39.47

1.54 (4.06%)

13:17
06/19/19
06/19
13:17
06/19/19
13:17
Hot Stocks
JDP says Brookfield Business offer for Teekay Offshore 'abusive, self-dealing' »

JDP Managing Partner…

TOO

Teekay Offshore Partners

$1.15

0.02 (1.78%)

BBU

Brookfield Business Partners

$39.47

1.54 (4.06%)

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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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
06/19/19
06/19
13:17
06/19/19
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
06/19/19
06/19
13:16
06/19/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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BK

BNY Mellon

$42.95

-0.27 (-0.62%)

13:15
06/19/19
06/19
13:15
06/19/19
13:15
Options
BNY Mellon put volume heavy and directionally bearish »

Bearish flow noted in BNY…

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  • 17

    Jul

  • 06

    Aug

RIO

Rio Tinto

$59.44

-2.745 (-4.41%)

13:06
06/19/19
06/19
13:06
06/19/19
13:06
Hot Stocks
Rio Tinto drops over 4% after reporting operational challenges »

Earlier today, Rio Tinto…

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AWK

American Water

$116.95

0.28 (0.24%)

13:03
06/19/19
06/19
13:03
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13:03
Hot Stocks
California American Water desalination project wins $10M state grant »

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MAT

Mattel

$11.62

-0.435 (-3.61%)

13:02
06/19/19
06/19
13:02
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13:02
Hot Stocks
MGA calls off Mattel merger talks, says 'too much mess to clean up' »

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TEVA

Teva

$8.30

-0.045 (-0.54%)

13:01
06/19/19
06/19
13:01
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13:01
Hot Stocks
Teva announces U.S. launch of generic version of Tracleer »

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Z

Zillow

$45.36

-1.1 (-2.37%)

13:00
06/19/19
06/19
13:00
06/19/19
13:00
Options
Zillow put buyer opens new short-term position »

Zillow put buyer opens…

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MAT

Mattel

$11.62

-0.43 (-3.57%)

12:59
06/19/19
06/19
12:59
06/19/19
12:59
Hot Stocks
Breaking Hot Stocks news story on Mattel »

MGA Entertainment CEO…

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CHS

Chico's

$3.24

0.14 (4.52%)

12:56
06/19/19
06/19
12:56
06/19/19
12:56
Hot Stocks
Sycamore Partners lowers takeover offer to Chico's to $3.00 per share »

In a regulatory filing,…

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CBAY

CymaBay

$7.00

-0.09 (-1.27%)

12:55
06/19/19
06/19
12:55
06/19/19
12:55
Options
CymaBay put volume heavy and directionally bearish »

Bearish flow noted in…

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MAT

Mattel

$11.58

-0.47 (-3.90%)

12:55
06/19/19
06/19
12:55
06/19/19
12:55
Hot Stocks
Breaking Hot Stocks news story on Mattel »

MGA Entertainment says no…

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KKR

KKR

$23.93

0.57 (2.44%)

12:50
06/19/19
06/19
12:50
06/19/19
12:50
Periodicals
KKR close to selling partial stake in $2B helicopter firm, Bloomberg says »

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03/08/13
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CHS

Chico's

$3.24

0.14 (4.52%)

12:49
06/19/19
06/19
12:49
06/19/19
12:49
Hot Stocks
Chico's erases gains after Bloomberg says Sycamore again lowered bid »

Chico's in midday…

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CHS

Chico's

$3.25

0.145 (4.68%)

12:48
06/19/19
06/19
12:48
06/19/19
12:48
Periodicals
Sycamore Partners lowers bid for Chico's to $3 per share, Bloomberg reports »

Sycamore Partners has…

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