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MEI

Methode Electronics

$27.00

0.62 (2.35%)

, BC

Brunswick

$44.61

0.5 (1.13%)

07:40
06/14/19
06/14
07:40
06/14/19
07:40

Methode Electronics adds Mark Schwabero, Bruce Crowther to the board

Methode Electronics (MEI) announced the election of Mark Schwabero and Bruce Crowther as directors of the company. Schwabero retired after 14 years at Brunswick Corporation (BC), most recently serving as chairman and CEO. Crowther most recently served as president and CEO at Northwest Community Healthcare.

MEI

Methode Electronics

$27.00

0.62 (2.35%)

BC

Brunswick

$44.61

0.5 (1.13%)

  • 20

    Jun

MEI Methode Electronics
$27.00

0.62 (2.35%)

12/04/18
BARD
12/04/18
UPGRADE
Target $44
BARD
Outperform
Methode Electronics upgraded to Outperform at Baird
As reported previously, Baird analyst David Leiker upgraded Methode Electronics to Outperform from Neutral. The analyst sees four catalysts to drive the shares higher - an inflection in growth from its Grakon acquisition; favorable exposure to the auto industry; new business segmentation that will showcase a higher growth profile; and upside optionality from recent acquisitions. Leiker raised his price target to $44 from $39 on Methode Electronics shares.
12/07/18
CHLM
12/07/18
NO CHANGE
Target $25
CHLM
Hold
Methode Electronics price target cut to $25 from $40 at Craig-Hallum
Craig-Hallum analyst Steve Dyer maintained a Hold rating on Methode Electronics but cut his price target to $25 from $40 following the company's "mixed" results and a weaker-than-expected outlook. In a research note to investors, Dyer says that despite the significant pullback yesterday and cheap valuation, he thinks upside will be limited in the near term as each of the company's products and segments face challenges.
03/08/19
CHLM
03/08/19
UPGRADE
CHLM
Buy
Methode Electronics upgraded to Buy from Hold at Craig-Hallum
03/08/19
CHLM
03/08/19
UPGRADE
Target $42
CHLM
Buy
Methode Electronics upgraded to Buy from Hold at Craig-Hallum
Craig-Hallum analyst Steve Dyer upgraded Methode Electronics to Buy from Hold and raised his price target to $42 from $25 following the company's Q3 results. In a research note to investors, Dyer says he believes the company is at an inflection point with visibility to reaccelerating organic revenue growth, margin expansion and more than 20% profitability growth. He believes investors and the Street are asleep on the name and there is a great opportunity to buy shares ahead of this dynamic inflection.
BC Brunswick
$44.61

0.5 (1.13%)

02/25/19
02/25/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Norwegian Cruise Line (NCLH) upgraded to Outperform from Neutral at Macquarie. 2. Brunswick (BC) upgraded to Overweight from Neutral at JPMorgan by analyst Steven Zaccone, who said that following recent "encouraging" data points on the marine industry, macro backdrop, and company-specific growth drivers, the setup is more favorable to own Brunswick in 2019. 3. UGI Corporation (UGI) upgraded to Buy from Neutral at UBS by analyst Shneur Gershuni, who said the 8% selloff since mid-December is an overreaction to the company's recent Q1 miss on the back of warm weather. The analyst believes UGI's strategic review of AmeriGas (APU) could "substantially increase" the company's cash flow and market capitalization if a roll-up is the outcome.4. Infinera (INFN) upgraded to Neutral from Sell at MKM Partners by analyst Michael Genovese, who said the company's commentary about new bookings was better than he expected. Genovese also noted that management's view of significant backlog growth in Q4 and expectations for another increase in Q1, but warned that there is still "significant risk" to Infinera's 2019 revenue outlook being a "high hurdle." 5. Adidas (ADDYY) upgraded to Outperform from Market Perform at Wells Fargo by analyst Tom Nikic, who said his math suggests a greater-than-expected contribution from the long-awaited democratization of the Yeezy sub-brand. The company seems to have hit a ''lull'' on new product launches for the core brand and faces headwinds from the 2018 World Cup through Q2 of 2019, but Nikic believes these challenges are well understood by investors, and the ''opening the faucet'' on the Yeezy brand can get Adidas through these 2019 challenges and allow for a ''soft landing'' on the top line in 2019. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/26/19
WELS
04/26/19
NO CHANGE
Target $64
WELS
Outperform
Brunswick should be bought 'aggressively' on Q1 selloff, says Wells Fargo
Wells Fargo analyst Timothy Conder recommends buying shares of Brunswick "aggressively" following yesterday's 11% post-earnings selloff. Management's more cautious Marine sales outlook is largely based in weather delayed early season retail sales of aluminum boats and related engines, Conder tells investors in a research note. Brunswick's aluminum boats have higher exposure to the weather impacted Midwest and northern tier states, the analyst points out. He believes that as weather improves during the "critical" Q2, these "sales will rebound." At present share levels, Brunswick offers the Marine business for 9 times 2020 estimates "with a free Fitness call option," Conder contends. He has an Outperform rating on Brunswick with a $64 price target.
04/26/19
RHCO
04/26/19
NO CHANGE
Target $62
RHCO
Buy
Brunswick price target lowered to $62 from $68 at SunTrust
SunTrust analyst Michael Swartz lowered his price target on Brunswick to $62 after its "disappointing" engine revenue print in Q1 but urges investors to "stay the course" and keeps his Buy rating on the shares. The analyst believes that improving boat retail reads and Fitness business sales could serve as near-term catalysts. Swartz adds that Brunswick's "improved balance sheet, cash flow generation, and ROIC" warrant a higher valuation.
04/26/19
LBOW
04/26/19
NO CHANGE
Target $68
LBOW
Buy
Brunswick price target lowered to $68 from $83 at Longbow
Longbow analyst David MacGregor lowered his price target on Brunswick to $68 from $83 as he lowered his FY19 and FY20 earnings estimates following the company's Q1 report and guidance. However, he keeps a Buy rating on Brunswick shares, citing its cyclical resilience and his expectation of evidence of progress in growing its EPS power.

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WSC

WillScot

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CYRN

Cyren

$1.60

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Vectrus

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OneSpan

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-0.38 (-2.68%)

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CMBM

Cambium Networks

$0.00

(0.00%)

21:29
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Syndicate
Cambium Networks 5.8M share IPO price $12.00 »

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VICI

VICI Properties

$21.80

-0.52 (-2.33%)

21:27
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21:27
Syndicate
VICI Properties 100M share Secondary priced at $21.50 »

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Conference/Events
CLSA Asian tech analysts to hold an analyst/industry conference call »

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GIS

General Mills

$53.70

0.04 (0.07%)

, PAYX

Paychex

$84.76

-1.41 (-1.64%)

20:25
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06/25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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General Mills

$53.70

0.04 (0.07%)

PAYX

Paychex

$84.76

-1.41 (-1.64%)

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BAX

Baxter

$81.71

-0.58 (-0.70%)

19:32
06/25/19
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FB

Facebook

$188.87

-3.69 (-1.92%)

19:21
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19:21
Periodicals
Brazil court reduces fine for Facebook's refusal to share data, Reuters says »

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PCG

PG&E

$21.62

-0.02 (-0.09%)

19:01
06/25/19
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19:01
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19:01
Periodicals
PG&E bondholders seek control of utility's bankruptcy, SVBJ reports »

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KMI

Kinder Morgan

$20.58

-0.58 (-2.74%)

18:55
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Hot Stocks
Kinder Morgan says 'very pleased' with Travis County District Court ruling »

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MU

Micron

$32.71

-0.47 (-1.42%)

, FDX

FedEx

$156.00

-4.88 (-3.03%)

18:37
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Fly Intel: After Hours Movers »

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MU

Micron

$32.71

-0.47 (-1.42%)

FDX

FedEx

$156.00

-4.88 (-3.03%)

AVAV

AeroVironment

$61.41

-0.52 (-0.84%)

GBT

Global Blood Therapeutics

$62.42

-0.87 (-1.37%)

03/08/13
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18:15
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General news
Breaking General news story  »

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CMCSA

Comcast

$42.75

-0.85 (-1.95%)

, CMCSK

Comcast

$0.00

(0.00%)

18:06
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Periodicals
NBC to pull 'The Office' from Netflix in 2021, CNBC says »

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CMCSA

Comcast

$42.75

-0.85 (-1.95%)

CMCSK

Comcast

$0.00

(0.00%)

NFLX

Netflix

$360.29

-10.72 (-2.89%)

03/08/13
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FDX

FedEx

$156.00

-4.88 (-3.03%)

18:03
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FedEx says U.S. government placing burden on carriers with regulations »

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FDX

FedEx

$156.00

-4.88 (-3.03%)

18:01
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FedEx says Huawei packages 'only peripherally' involved in U.S. lawsuit »

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QD

Qudian

$8.46

-0.275 (-3.15%)

18:00
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Syndicate
Breaking Syndicate news story on Qudian »

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FDX

FedEx

$156.00

-4.88 (-3.03%)

, AMZN

Amazon.com

$1,879.26

-34.17 (-1.79%)

17:57
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Hot Stocks
Breaking Hot Stocks news story on FedEx, Amazon.com »

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FDX

FedEx

$156.00

-4.88 (-3.03%)

AMZN

Amazon.com

$1,879.26

-34.17 (-1.79%)

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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:56
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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:51
06/25/19
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FDX

FedEx

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-4.88 (-3.03%)

17:46
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FedEx

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17:43
06/25/19
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17:43
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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:38
06/25/19
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Hot Stocks
FedEx calls FY20 a 'transition year' »

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