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CNR

Cornerstone Building Brands

$5.70

-0.2 (-3.39%)

, LK

Luckin Coffee

$15.88

0.88 (5.87%)

08:30
05/24/19
05/24
08:30
05/24/19
08:30

Five new option listings and four option delistings on May 24th

New option listings for May 24th include Cornerstone Building Brands Inc (CNR), EP Energy Corporation (Class A Stock) (EPEG), Renaissance IPO (IPO), Luckin Coffee Inc (ADS) (LK), and Roan Resources Inc (ROAN). Option delistings effective May 24th include EP Energy Corporation (Class A Stock) (EPE), Papa Murphys Holdings Inc (FRSH), Navigators Group Inc (NAVG), and NCI Building Systems Inc New (NCS).

CNR

Cornerstone Building Brands

$5.70

-0.2 (-3.39%)

LK

Luckin Coffee

$15.88

0.88 (5.87%)

ROAN

Roan Resources

$2.53

-0.32 (-11.23%)

EPE

EP Energy

$0.16

(0.00%)

FRSH

Papa Murphy's

$6.45

(0.00%)

NAVG

Navigators

$69.97

(0.00%)

NCS

NCI Building

$5.70

-0.2 (-3.39%)

CNR Cornerstone Building Brands
$5.70

-0.2 (-3.39%)

LK Luckin Coffee
$15.88

0.88 (5.87%)

ROAN Roan Resources
$2.53

-0.32 (-11.23%)

05/16/19
05/16/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Occidental Petroleum (OXY) downgraded to Hold from Buy at Argus with analyst Bill Selesky citing its confirmed purchase of Anadarko Petroleum (APC) for $76 per share and saying the company is overpaying for the assets with a bid well above that of Chevron's (CVX) $65 per share offer. 2. Nomura (NMR) downgraded to Sell from Neutral at Citi with analyst Koichi Niwa saying he sees a "grim" earnings environment for Nomura's domestic retail division and fixed income business. 3. Sito Mobile (SITO) downgraded to Hold from Buy at Lake Street with analyst Mark Argento citing the company's "big" Q1 miss and said he sees uncertainty around Sito Mobile's new product strategy and liquidity concerns in the near term. 4. The Stars Group (TSG) downgraded to Hold from Buy at Desjardins. 5. Roan Resources (ROAN) downgraded to In-Line from Outperform at Imperial Capital with analyst Irene Haas saying the company's Q1 earnings missed expectations due to well performance, ethane rejection, and weak NGL prices. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/16/19
IMPC
05/16/19
DOWNGRADE
Target $6
IMPC
In-Line
Roan Resources downgraded to In-Line from Outperform at Imperial Capital
Imperial Capital analyst Irene Haas downgraded Roan Resources to In-Line from Outperform and lowered her price target for the shares to $6 from $10. The company's Q1 earnings missed expectations due to well performance, ethane rejection, and weak NGL prices, Haas tells investors in a research note. The analyst's downgrade reflects liquidity concerns, Roan's high NGL production mix, and uncertainty related to potential strategic alternatives.
04/04/19
IMPC
04/04/19
INITIATION
Target $10
IMPC
Outperform
Roan Resources initiated with an Outperform at Imperial Capital
Imperial Capital analyst Irene Haas started Roan Resources with an Outperform rating and $10 price target. The company stands out as one of the more successful small cap producers in the Anadarko Basin, Haas tells investors in a research note. She believes the company is "differentiated from its peers in superior technical competency and reliable execution."
10/11/18
STFL
10/11/18
INITIATION
Target $25
STFL
Buy
Roan Resources initiated with a Buy at Stifel
Stifel analyst Derrick Whitfield initiated Roan Resources with a Buy rating and a $25 price target, calling it an "under-followed stock in an oversold basin." Roan has "Permian-quality assets that trade at a non-Permian valuation" given the broad overhang currently over Anadarko stocks, Whitfield tells investors.
EPE EP Energy
$0.16

(0.00%)

FRSH Papa Murphy's
$6.45

(0.00%)

09/18/18
SPHN
09/18/18
NO CHANGE
SPHN
Overweight
Stephens highlights Red Robin, BJ's Restaurants as restaurant M&A candidates
Stephens analyst Will Slabaugh issued his yearly look at restaurants that he views as the most attractive takeover candidates, highlighting Red Robin (RRGB), BJ's Restaurants (BJRI), Carrols Restaurant (TAST), Chuy's (CHUY) and Papa Murphy's (FRSH) as the names at the top of his potential M&A list. The analyst said the highest profile deals in the space in the last twelve months included Buffalo Wild Wings, which he noted was one of six he highlighted in his 2017 potential takeout targets list. Slabaugh has Overweight ratings on four of the five stocks highlighted, with an Equal Weight rating on only Chuy's.
NAVG Navigators
$69.97

(0.00%)

09/27/18
09/27/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Applied Optoelectronics (AAOI) downgraded to Sell from Hold at Loop Capital analyst James Kisner citing his industry checks which suggest the company is having product quality issues in 100G CWDM4 transceivers and that the pricing environment for 100G data center optics "remains very tough." 2. AMD (AMD) downgraded to Market Perform from Outperform at Northland with analyst Gus Richard saying that while his thesis that AMD (AMD) will challenge Intel (INTC) has not changed, valuation has, prompting him to downgrade AMD shares to Market Perform from Outperform. 3. Navigators (NAVG) downgraded to Hold from Buy at Sandler O'Neill with analyst Paul Newsome citing the company's announcement of the expiration of the 30-day "go-shop" period provided for by its merger agreement to be acquired by Hartford Financial (HIG). 4. Hi-Crush Partners (HCLP) downgraded to Market Perform from Strong Buy at Raymond James with analyst Marshall Adkins citing news the company is idling its dry plant at its Whitehall mine in Wisconsin. 5. Daikin Industries (DKILY) downgraded to Hold from Buy at Deutsche Bank with analyst Takeshi Kitaura citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/27/18
09/27/18
DOWNGRADE
Target $70

Hold
Navigators downgraded to Hold at Sandler ONeill after 'go-shop' period ends
As previously reported, Sandler ONeill analyst Paul Newsome downgraded Navigators (NAVG) to Hold from Buy after the company announced the expiration of the 30-day "go-shop" period provided for by its merger agreement to be acquired by Hartford Financial (HIG). He also raised his price target on Navigators to $70 from $68 to reflect the announced acquisition price.
09/27/18
SDLR
09/27/18
DOWNGRADE
SDLR
Hold
Navigators downgraded to Hold from Buy at Sandler O'Neill
09/10/18
SDLR
09/10/18
INITIATION
Target $60
SDLR
Buy
Hartford Financial initiated with a Buy at Sandler ONeill
Sandler ONeill analyst Paul Newsome initiated Hartford Financial (HIG) with a Buy rating and $60 price target, citing his view that its valuation is "relatively attractive" and that the biggest near-term risk for investors has been resolved by the purchase of The Navigators Group (NAVG), which he sees having several benefits. Newsome also believes the recent acquisition of Aetna's (AET) benefits business will be a relatively strong earnings growth opportunity, he tells investors.
NCS NCI Building
$5.70

-0.2 (-3.39%)

02/19/19
DADA
02/19/19
DOWNGRADE
Target $4
DADA
Underperform
NCI Building downgraded to Underperform from Neutral at DA Davidson
DA Davidson analyst Brent Thielman downgraded NCI Building to Underperform and lowered his price target to $4 from $7.50. The analyst cites indications of slowing demand for housing products made in the company's recent Operational Update call, adding that while the "pocket of softness" could prove to be temporary, it implies forecasting challenges amid the company's Ply Gem merger and a "significant increase in debt". Given these issues, Thielman says there is risk of further downside in NCI Building shares.
02/19/19
DADA
02/19/19
DOWNGRADE
DADA
Underperform
NCI Building downgraded to Underperform from Neutral at DA Davidson
01/17/19
UBSW
01/17/19
DOWNGRADE
Target $8
UBSW
Neutral
NCI Building downgraded to Neutral from Buy at UBS
UBS analyst Steven Fisher downgraded NCI Building Systems to Neutral and lowered his price target for the shares to $8 from $23.
12/24/18
GHSC
12/24/18
NO CHANGE
Target $10
GHSC
Buy
NCI Building price target lowered to $10 from $26 at Seaport Global
Seaport Global analyst Matt McCall on Friday lowered his price target for NCI Building Systems to $10 while maintaining a Buy rating on the shares. The stock is down over 65% since the Ply Gem merger was announced, McCall told investors in a research note partially titled "Hate selling takes over." The analyst cites macroeconomic concerns for his reduced price target but adds his valuation has upside should NCI Building "begin to demonstrate the ability to integrate Ply Gem and de-lever."

TODAY'S FREE FLY STORIES

BX

Blackstone

$44.39

-0.66 (-1.47%)

14:05
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FCCY

1st Constitution Bancorp

$18.00

-0.695 (-3.72%)

, SHRC

Shore Community Bank

$0.00

(0.00%)

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Upgrade
1st Constitution Bancorp, Shore Community Bank rating change  »

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FCCY

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-0.695 (-3.72%)

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ATHX

Athersys

$1.77

0.03 (1.72%)

14:04
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Athersys management to meet with Jefferies »

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VZ

Verizon

$58.25

0.46 (0.80%)

, FDX

FedEx

$161.57

-3.74 (-2.26%)

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Huawei's Futurewei separates operations from corporate parent, Reuters says »

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$58.25

0.46 (0.80%)

FDX

FedEx

$161.57

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MSFT

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0.91 (0.66%)

LITE

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FN

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CIEN

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NPTN

NeoPhotonics

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RAMP

LiveRamp

$49.64

-1.485 (-2.90%)

, NLSN

Nielsen

$22.57

-0.85 (-3.63%)

14:01
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14:01
Recommendations
LiveRamp, Nielsen, comScore analyst commentary  »

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RAMP

LiveRamp

$49.64

-1.485 (-2.90%)

NLSN

Nielsen

$22.57

-0.85 (-3.63%)

SCOR

comScore

$7.40

-0.37 (-4.76%)

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  • 25

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LAUR

Laureate Education

$15.20

-0.17 (-1.11%)

14:00
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Odd bullish block in Laureate Education on CBOE »

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FCCY

1st Constitution Bancorp

$18.00

-0.695 (-3.72%)

13:59
06/24/19
06/24
13:59
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13:59
Upgrade
1st Constitution Bancorp rating change  »

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BYND

Beyond Meat

$143.15

-10.925 (-7.09%)

13:58
06/24/19
06/24
13:58
06/24/19
13:58
Hot Stocks
PizzaRev announces partnership to offer Beyond Meat sausage topping »

PizzaRev announced that…

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13:55
06/24/19
06/24
13:55
06/24/19
13:55
General news
Fed funds futures are firmer with Treasuries »

Fed funds futures are…

KPTI

Karyopharm

$6.30

-0.13 (-2.02%)

13:50
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06/24
13:50
06/24/19
13:50
Options
Bullish call spread opened in Karyopharm Therapeutics »

Bullish call spread…

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  • 06

    Jul

FDS

FactSet

$293.78

-4.31 (-1.45%)

, LEN

Lennar

$51.67

0.35 (0.68%)

13:46
06/24/19
06/24
13:46
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13:46
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

FDS

FactSet

$293.78

-4.31 (-1.45%)

LEN

Lennar

$51.67

0.35 (0.68%)

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  • 25

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SPOT

Spotify

$149.91

1.74 (1.17%)

, AAPL

Apple

$199.07

0.3 (0.15%)

13:46
06/24/19
06/24
13:46
06/24/19
13:46
On The Fly
Analyst says sell Spotify on publisher rates risk, competition »

Evercore ISI analyst…

SPOT

Spotify

$149.91

1.74 (1.17%)

AAPL

Apple

$199.07

0.3 (0.15%)

03/08/13
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03/06/13
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03/06/13
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  • 24

    Jun

STNG

Scorpio Tankers

$26.23

0.18 (0.69%)

13:45
06/24/19
06/24
13:45
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Conference/Events
Scorpio Tankers management to meet with Jefferies »

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  • 25

    Jun

AG

First Majestic

$7.77

0.31 (4.16%)

13:45
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Options
First Majestic call volume above normal and directionally bullish »

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CHRS

Coherus Biosciences

$21.23

-0.51 (-2.35%)

13:43
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Conference/Events
Coherus Biosciences management to meet with Jefferies »

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  • 25

    Jun

MDEVF

Melco International

$0.00

(0.00%)

, MLCO

Melco Resorts & Entertainment

$21.41

-0.21 (-0.97%)

13:40
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Recommendations
Melco International, Melco Resorts & Entertainment analyst commentary  »

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MDEVF

Melco International

$0.00

(0.00%)

MLCO

Melco Resorts & Entertainment

$21.41

-0.21 (-0.97%)

03/08/13
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WMB

Williams

$27.24

-0.45 (-1.63%)

13:35
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13:35
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13:35
Options
Williams put volume heavy and directionally bearish »

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TLSA

Tiziana Therapeutics

$8.50

(0.00%)

13:32
06/24/19
06/24
13:32
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13:32
Hot Stocks
Tiziana says newly published article supports oral monoclonal antibody platform »

Tiziana Life Sciences…

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NTES

NetEase

$262.82

0.42 (0.16%)

13:25
06/24/19
06/24
13:25
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13:25
Options
NetEase call volume above normal and directionally bullish »

Bullish option flow…

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AAPL

Apple

$199.18

0.41 (0.21%)

13:21
06/24/19
06/24
13:21
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13:21
Periodicals
Apple rolls out fifth iOS 12.4 beta ahead of Apple Card launch, 9to5Mac says »

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
06/24/19
06/24
13:17
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13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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AFMD

Affimed N.V.

$2.97

-0.45 (-13.16%)

13:16
06/24/19
06/24
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13:16
Hot Stocks
Affimed falls 13% after announcing clinical update on AFM13 in CD30 lymphomas »

Earlier today, Affimed…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
06/24/19
06/24
13:16
06/24/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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NSIT

Insight Enterprises

$56.89

0.7 (1.25%)

, PCMI

PCM, Inc.

$34.67

10.315 (42.36%)

13:13
06/24/19
06/24
13:13
06/24/19
13:13
Recommendations
Insight Enterprises, PCM, Inc. analyst commentary at Stifel »

Insight Enterprises price…

NSIT

Insight Enterprises

$56.89

0.7 (1.25%)

PCMI

PCM, Inc.

$34.67

10.315 (42.36%)

03/08/13
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  • 24

    Jun

NBL

Noble Energy

$21.32

-0.24 (-1.11%)

, OXY

Occidental Petroleum

$50.09

-0.53 (-1.05%)

13:07
06/24/19
06/24
13:07
06/24/19
13:07
Periodicals
U.S. natural gas prices plummet in June, Forbes says »

According to Jude…

NBL

Noble Energy

$21.32

-0.24 (-1.11%)

OXY

Occidental Petroleum

$50.09

-0.53 (-1.05%)

EOG

EOG Resources

$90.84

-1.57 (-1.70%)

DVN

Devon Energy

$27.93

-0.31 (-1.10%)

APA

Apache

$29.14

-0.52 (-1.75%)

CHK

Chesapeake

$1.89

-0.055 (-2.83%)

03/08/13
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03/06/13
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