Breaking News Instant updates and real-time market news.

TITN

Titan Machinery

$15.87

-0.6 (-3.64%)

, DE

Deere

$151.51

0.14 (0.09%)

21:30
06/16/19
06/16
21:30
06/16/19
21:30

Titan Machinery upgraded to Outperform from Neutral at Baird

Baird analyst Mig Dobre upgraded Titan Machinery (TITN) to Outperform from Neutral and raised his price target for the shares to $24 from $18. The analyst says favorable weather conditions trump trade war concerns. He also upgraded Deere (DE) to Outperform from Neutral for a similar rationale.

TITN

Titan Machinery

$15.87

-0.6 (-3.64%)

DE

Deere

$151.51

0.14 (0.09%)

  • 25

    Jun

  • 26

    Jun

  • 10

    Jul

  • 17

    Jul

  • 13

    Nov

TITN Titan Machinery
$15.87

-0.6 (-3.64%)

05/13/19
05/13/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Deere (DE) and Titan Machinery (TITN) downgraded to Neutral from Outperform at Baird. 2. Boot Barn (BOOT) downgraded to Hold from Buy at Pivotal Research with analyst Mitch Kummetz saying he sees a less favorable risk/reward at current share levels heading into the company's results on May 16. He does not see enough room for upside to his estimates, mainly because he believes oil and gas employment is becoming a "diminishing tailwind." 3. Shopify (SHOP) downgraded to Neutral from Buy at Guggenheim with analyst Ken Wong saying he sees upside potential as limited given the stock's current valuation, which he notes has now passed previous peak levels. 4. ADT Inc. (ADT) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Toni Kaplan saying she has less confidence in the company's growth outlook following a recent AlphaWise survey conducted by the firm. 5. 51job (JOBS) downgraded to Neutral from Buy at Citi with analyst Alicia Yap saying she believes weakening operating metrics, such as a faster rate of decline for active employer count and slower rate of growth of ARPU, may be signals of challenges for online recruitment revenue growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/13/19
BARD
05/13/19
DOWNGRADE
BARD
Neutral
Baird downgrades Deere, Titan to Neutral on eroding farmer sentiment
As previously reported, Baird analyst Mig Dobre downgraded Deere (DE) and Titan Machinery (TITN), both to Neutral from Outperform, telling investors that large Ag equipment demand is increasingly at risk as farmer sentiment and grain prices deteriorate amid the drawn out trade war. While Ag inventories at dealers has risen, posing an additional risk, construction equipment growth is moderating, noted Dobre, who lowered his price target on Deere to $150 from $166 and cut his price target on Titan shares to $18 from $26.
05/13/19
BARD
05/13/19
DOWNGRADE
BARD
Neutral
Titan Machinery downgraded to Neutral from Outperform at Baird
03/27/19
03/27/19
NO CHANGE

Titan Machinery reports Q4 EPS (4c), consensus 1c
Reports Q4 revenue $359.6M, consensus $354.82M.
DE Deere
$151.51

0.14 (0.09%)

05/27/19
BMOC
05/27/19
NO CHANGE
Target $175
BMOC
Outperform
Deere price target lowered to $175 from $195 at BMO Capital
BMO Capital analyst Joel Tiss lowered his price target for Deere to $175 from $195, while reiterating an Outperform rating on the stock. The analyst notes that following a "strong run" in the shares since the beginning of 2016 in anticipation of a cyclical upturn for large agricultural equipment in North America, there is little room for investors to hear that the hoped-for recovery is being pushed even further out. Nevertheless, Tiss believes the downside risk for the shares is much lower compared with many other heavy-machinery companies.
05/23/19
UBSW
05/23/19
NO CHANGE
Target $158
UBSW
Buy
Deere price target lowered to $158 from $177 at UBS
UBS analyst Steven Fisher lowered his price target on Deere to $158 to reflect the company's Q2 earnings miss. The analyst also keeps his Buy rating after meeting with its management and contends that the risk-reward is favorable amid "bottoming North America ag sentiment."
05/20/19
STFL
05/20/19
NO CHANGE
Target $171
STFL
Buy
Deere long-term demand intact, says Stifel
Stifel analyst Stanley Elliott lowered his price target on Deere to $171 from $180 citing the FY19 guidance cut that he sees being driven by the "cocktail of negative developments" in terms of trade, late plantings and swine flu. However, Elliott keeps a Buy rating on Deere shares, as he believes large ag purchases are delayed but that the long-term replacement cycle is still intact. He also sees opportunity in Deere's digital platform, noting that over 105M of the U.S.'s roughly 300M crop acres are on the platform.

TODAY'S FREE FLY STORIES

IART

Integra LifeSciences

$55.53

0.85 (1.55%)

05:45
07/24/19
07/24
05:45
07/24/19
05:45
Earnings
Integra LifeSciences raises FY19 adj. EPS view to $2.70-$2.75, consensus $2.70 »

Backs FY19 revenue…

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

See Street Research during your Free Trial

  • 24

    Jul

  • 09

    Sep

IART

Integra LifeSciences

$55.53

0.85 (1.55%)

05:43
07/24/19
07/24
05:43
07/24/19
05:43
Earnings
Integra LifeSciences reports Q2 adj. EPS 73c, consensus 66c »

Reports Q2 revenue…

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

See Street Research during your Free Trial

  • 24

    Jul

  • 09

    Sep

CHKP

Check Point

$115.70

0.44 (0.38%)

05:42
07/24/19
07/24
05:42
07/24/19
05:42
Earnings
Check Point reports Q2 EPS $1.38, consensus $1.37 »

Reports Q2 revenue $488M,…

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

See Street Research during your Free Trial

  • 24

    Jul

  • 03

    Aug

PSTI

Pluristem

$0.57

-0.0209 (-3.55%)

05:40
07/24/19
07/24
05:40
07/24/19
05:40
Hot Stocks
Pluristem announces 1-for-10 reverse stock split »

Pluristem Therapeutics…

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

See Street Research during your Free Trial

OLBK

Old Line Bancshares

$26.14

(0.00%)

, WSBC

WesBanco

$37.73

0.49 (1.32%)

05:32
07/24/19
07/24
05:32
07/24/19
05:32
Downgrade
Old Line Bancshares, WesBanco rating change  »

Old Line Bancshares…

OLBK

Old Line Bancshares

$26.14

(0.00%)

WSBC

WesBanco

$37.73

0.49 (1.32%)

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

See Street Research during your Free Trial

  • 24

    Jul

  • 11

    Sep

  • 23

    Sep

WIX

Wix.com

$146.25

0.8 (0.55%)

05:26
07/24/19
07/24
05:26
07/24/19
05:26
Earnings
Wix.com raises FY19 revenue guidance to $761M-$765M from $758M-$763M »

Consensus $762.02M.…

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

See Street Research during your Free Trial

  • 24

    Jul

CPAC

Cementos Pacasmayo

$8.60

(0.00%)

05:25
07/24/19
07/24
05:25
07/24/19
05:25
Upgrade
Cementos Pacasmayo rating change  »

Cementos Pacasmayo…

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

See Street Research during your Free Trial

WIX

Wix.com

$146.25

0.8 (0.55%)

05:24
07/24/19
07/24
05:24
07/24/19
05:24
Earnings
Wix.com sees Q3 revenue $196M-$198M, consensus 196.25M »

Sees Q3 collections…

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

See Street Research during your Free Trial

  • 24

    Jul

ADYYF

Adyen

$0.00

(0.00%)

05:23
07/24/19
07/24
05:23
07/24/19
05:23
Initiation
Adyen initiated  »

Adyen initiated with a…

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

See Street Research during your Free Trial

WIX

Wix.com

$146.25

0.8 (0.55%)

05:23
07/24/19
07/24
05:23
07/24/19
05:23
Earnings
Wix.com reports Q2 EPS 34c, consensus 18c »

Reports Q2 revenue…

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

See Street Research during your Free Trial

  • 24

    Jul

SNAP

Snap

$14.85

0.71 (5.02%)

05:22
07/24/19
07/24
05:22
07/24/19
05:22
Upgrade
UBS upgrades Snap to Neutral, doubles price target to $16 from $8 »

UBS analyst Eric Sheridan…

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

See Street Research during your Free Trial

  • 03

    Aug

PRTY

Party City

$5.56

-0.005 (-0.09%)

05:17
07/24/19
07/24
05:17
07/24/19
05:17
Upgrade
Party City rating change  »

Party City upgraded to…

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

See Street Research during your Free Trial

LGF.A

Lionsgate

$12.11

0.16 (1.34%)

, LGF

Use LGF.A, LGF.B

$0.00

(0.00%)

05:15
07/24/19
07/24
05:15
07/24/19
05:15
Upgrade
Lionsgate, Use LGF.A, LGF.B rating change  »

Lionsgate upgraded to Buy…

LGF.A

Lionsgate

$12.11

0.16 (1.34%)

LGF

Use LGF.A, LGF.B

$0.00

(0.00%)

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

See Street Research during your Free Trial

  • 08

    Aug

PHM

PulteGroup

$30.73

-2.74 (-8.19%)

05:13
07/24/19
07/24
05:13
07/24/19
05:13
Upgrade
PulteGroup rating change  »

PulteGroup upgraded to…

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

See Street Research during your Free Trial

KMB

Kimberly-Clark

$135.06

0.66 (0.49%)

05:12
07/24/19
07/24
05:12
07/24/19
05:12
Upgrade
Kimberly-Clark rating change  »

Kimberly-Clark upgraded…

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

See Street Research during your Free Trial

LEG

Leggett & Platt

$40.18

0.63 (1.59%)

05:11
07/24/19
07/24
05:11
07/24/19
05:11
Downgrade
Leggett & Platt rating change  »

Leggett & Platt…

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

See Street Research during your Free Trial

  • 30

    Jul

  • 07

    Aug

  • 08

    Aug

SWMAY

Swedish Match

$0.00

(0.00%)

05:10
07/24/19
07/24
05:10
07/24/19
05:10
Downgrade
Swedish Match rating change  »

Swedish Match downgraded…

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

See Street Research during your Free Trial

UNCFF

UniCredit

$0.00

(0.00%)

05:09
07/24/19
07/24
05:09
07/24/19
05:09
Downgrade
UniCredit rating change at UBS »

UniCredit downgraded to…

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

See Street Research during your Free Trial

BLDP

Ballard Power

$4.06

0.02 (0.50%)

05:07
07/24/19
07/24
05:07
07/24/19
05:07
Hot Stocks
Ballard Power announces order from Wrightbus for 15 fuel cell modules »

Ballard Power announced a…

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

See Street Research during your Free Trial

  • 01

    Aug

HSBC

HSBC

$41.64

0.21 (0.51%)

05:06
07/24/19
07/24
05:06
07/24/19
05:06
Downgrade
HSBC rating change  »

HSBC downgraded to Hold…

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

See Street Research during your Free Trial

RIO

Rio Tinto

$60.55

-0.2 (-0.33%)

05:04
07/24/19
07/24
05:04
07/24/19
05:04
Downgrade
Rio Tinto rating change  »

Rio Tinto downgraded to…

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

See Street Research during your Free Trial

  • 25

    Sep

MPW

Medical Properties Trust

$17.67

0.12 (0.68%)

05:02
07/24/19
07/24
05:02
07/24/19
05:02
Upgrade
Medical Properties Trust rating change  »

Medical Properties Trust…

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

See Street Research during your Free Trial

TTD

Trade Desk

$245.89

-3.31 (-1.33%)

04:59
07/24/19
07/24
04:59
07/24/19
04:59
Downgrade
Trade Desk rating change  »

Trade Desk downgraded to…

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

See Street Research during your Free Trial

  • 08

    Aug

SNAP

Snap

$14.85

0.71 (5.02%)

04:58
07/24/19
07/24
04:58
07/24/19
04:58
Upgrade
Snap rating change  »

Snap upgraded to Neutral…

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

See Street Research during your Free Trial

  • 03

    Aug

NRDBY

Nordea Bank

$0.00

(0.00%)

04:57
07/24/19
07/24
04:57
07/24/19
04:57
Downgrade
Nordea Bank rating change  »

Nordea Bank downgraded to…

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

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.