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DAL

Delta Air Lines

$56.38

0.33 (0.59%)

20:08
06/19/19
06/19
20:08
06/19/19
20:08

Delta working on technical issues affecting booking, boarding, Bloomberg says

  • 20

    Jun

DAL Delta Air Lines
$56.38

0.33 (0.59%)

05/20/19
MSCO
05/20/19
NO CHANGE
MSCO
Morgan Stanley upgrades United, cuts American and Delta in airlines shake-up
As previously reported, Morgan Stanley analyst Rajeev Lalwani upgraded United Continental (UAL) to Overweight from Equal Weight, downgraded Delta Air Lines (DAL) to Equal Weight from Overweight and downgraded American Airlines (AAL) to Underweight from Equal Weight as he believes diverging paths may emerge for legacy airlines heading into 2020. United has well executing its mid-continent strategy and he sees that continuing with its loyalty program and largely stable costs leading him to believe its 2020 EPS target has a higher probability of being met, Lalwani tells investors in his sector shake-up note. Meanwhile, the analyst thinks American faces the most labor risk within the group, further compounded by rising jet fuel prices. Delta shares have outperformed year-to-date with a 10% advance and his refreshed 2020 estimates are moderately below consensus, Lalwani stated in explanation of his downgrade of that stock. The analyst raised his price target on United shares to $110 from $101, lowered his target on American to $26 from $40 and trimmed his price target on Delta to $61 from $62.
05/20/19
05/20/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. American Airlines (AAL) downgraded to Underweight from Equal Weight at Morgan Stanley while Delta Air Lines (DAL) was downgraded to Equal Weight from Overweight. 2. Deutsche Bank (DB) downgraded to Sell from Neutral at UBS with the firm saying the bank is facing limited strategic options and its operating conditions are unlikely to improve in the near term amid intense competition. 3. Eaton Vance (EV) double downgraded to Underperform from Buy at BofA/Merrill with analyst Michael Carrier lowering estimates to reflect slower flow trends, a difficult product mix, and potential margin pressures ahead. 4. ProAssurance (PRA) downgraded to Underperform from Market Perform at Keefe Bruyette with analyst Christopher Campbell saying the stock has rallied 9% since the company's "disappointing" Q1 results. 5. Clorox (CLX) downgraded to Hold from Buy at Argus with analyst John Staszak citing the company's revenue deceleration reported in Q3 to "just 2%" as well as its near-term growth outlook cut to 2%-3% from 2%-4%. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/13/19
JPMS
06/13/19
NO CHANGE
JPMS
JPMorgan notes airline fare hike, doesn't see domestic 'resilience' as priced in
JPMorgan analyst Jamie Baker said he was "surprised" to see domestic fares rising again after a price hike five weeks ago, noting that Southwest (LUV) joined with an increase overnight. Given "the crescendo of inquiries as to why, and nary a question on fares," Baker said he is confident that increased domestic fare resilience is not yet priced into airline stocks. Other publicly traded airlines include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Spirit Airlines (SAVE) and United Continental (UAL).
06/13/19
JPMS
06/13/19
NO CHANGE
JPMS
American, Southwest raised domestic rates in last two days, says JPMorgan
JPMorgan analyst Jamie Baker said American Airlines (AAL) took a "plain vanilla" domestic fare increase of $5 one-way yesterday morning, which was followed by what looks like a system-wide increase from Hawaiian (HA) and a "substantive" Lower 48 increase from Southwest (LUV). He was not expecting another increase so soon after the industry took a broad-based domestic increase in the second week of May, noted Baker, who thinks evidence of domestic demand and potential Q2 guidance increases could reverse "recent apathy" towards the airline space. Other publicly traded airlines include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Continental (UAL).

TODAY'S FREE FLY STORIES

SYF

Synchrony

$36.09

0.54 (1.52%)

, PYPL

PayPal

$119.87

1.07 (0.90%)

08:00
07/19/19
07/19
08:00
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08:00
Hot Stocks
Synchrony says average active accounts were up 9% in Q2 »

Synchrony (SYF) says it…

SYF

Synchrony

$36.09

0.54 (1.52%)

PYPL

PayPal

$119.87

1.07 (0.90%)

WMT

Walmart

$114.68

0.08 (0.07%)

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NFLX

Netflix

$325.14

-37.36 (-10.31%)

08:00
07/19/19
07/19
08:00
07/19/19
08:00
Options
Netflix call buyer realizes 3% same-day gains »

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  • 03

    Aug

SKX

Skechers

$34.75

0.35 (1.02%)

07:59
07/19/19
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07:59
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Skechers analyst commentary  »

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STT

State Street

$56.27

1.67 (3.06%)

07:55
07/19/19
07/19
07:55
07/19/19
07:55
Hot Stocks
State Street boosts productivity savings for FY19 to 4.5% from 4% »

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  • 19

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WNS

WNS Holdings

$62.34

3.8 (6.49%)

07:53
07/19/19
07/19
07:53
07/19/19
07:53
Recommendations
WNS Holdings analyst commentary  »

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  • 12

    Aug

MSFT

Microsoft

$136.29

0.06 (0.04%)

07:52
07/19/19
07/19
07:52
07/19/19
07:52
Recommendations
Microsoft analyst commentary  »

Microsoft still has…

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  • 03

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    Aug

CRWD

Crowdstrike

$72.75

1.77 (2.49%)

07:51
07/19/19
07/19
07:51
07/19/19
07:51
Recommendations
Crowdstrike analyst commentary  »

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WW

WW

$25.18

1.23 (5.14%)

07:49
07/19/19
07/19
07:49
07/19/19
07:49
Upgrade
WW rating change  »

WW upgraded to Buy at DA…

03/08/13
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MSFT

Microsoft

$136.29

0.06 (0.04%)

07:49
07/19/19
07/19
07:49
07/19/19
07:49
Recommendations
Microsoft analyst commentary  »

Microsoft price target…

03/08/13
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03/06/13
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  • 03

    Aug

  • 06

    Aug

  • 08

    Aug

DOW

Dow Inc.

$51.76

0.15 (0.29%)

07:48
07/19/19
07/19
07:48
07/19/19
07:48
Initiation
Dow Inc. initiated  »

Dow Inc. initiated with a…

03/08/13
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03/08/13
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  • 25

    Jul

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    Sep

NGVT

Ingevity

07:44
07/19/19
07/19
07:44
07/19/19
07:44
Downgrade
Ingevity rating change  »

Jefferies downgrades…

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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  • 25

    Jul

  • 06

    Aug

INDB

Independent Bank

$73.31

0.56 (0.77%)

07:44
07/19/19
07/19
07:44
07/19/19
07:44
Upgrade
Independent Bank rating change  »

Independent Bank upgraded…

03/08/13
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  • 19

    Jul

KBR

KBR

$25.28

0.36 (1.44%)

07:43
07/19/19
07/19
07:43
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07:43
Upgrade
KBR rating change  »

KBR upgraded to…

03/08/13
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  • 06

    Aug

MDR

McDermott

$10.20

-0.25 (-2.39%)

07:41
07/19/19
07/19
07:41
07/19/19
07:41
Hot Stocks
McDermott awarded pre-FEED contract by YPF in Argentina »

McDermott has been…

03/08/13
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  • 29

    Jul

ADTN

Adtran

$12.12

-3.72 (-23.48%)

, DTE

DTE Energy

$131.39

1.27 (0.98%)

07:41
07/19/19
07/19
07:41
07/19/19
07:41
Recommendations
Adtran, DTE Energy analyst commentary at MKM Partners »

Adtran price target…

ADTN

Adtran

$12.12

-3.72 (-23.48%)

DTE

DTE Energy

$131.39

1.27 (0.98%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 24

    Jul

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  • 02

    Oct

AXS

Axis Capital

, ACGL

Arch Capital

$38.24

0.12 (0.31%)

07:41
07/19/19
07/19
07:41
07/19/19
07:41
Recommendations
Axis Capital, Arch Capital, Travelers, Hartford Financial analyst commentary at Buckingham »

Buckingham upgrades Axis…

AXS

Axis Capital

ACGL

Arch Capital

$38.24

0.12 (0.31%)

TRV

Travelers

$152.69

0.27 (0.18%)

HIG

Hartford Financial

$57.90

0.24 (0.42%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 23

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  • 06

    Aug

07:40
07/19/19
07/19
07:40
07/19/19
07:40
General news
Treasury Market Outlook: Treasuries are a little weaker »

Treasury Market Outlook:…

WNS

WNS Holdings

$62.34

3.8 (6.49%)

07:39
07/19/19
07/19
07:39
07/19/19
07:39
Recommendations
WNS Holdings analyst commentary  »

WNS Holdings price target…

03/08/13
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  • 12

    Aug

ISRG

Intuitive Surgical

$536.44

13.25 (2.53%)

07:38
07/19/19
07/19
07:38
07/19/19
07:38
Recommendations
Intuitive Surgical analyst commentary at Canaccord »

Intuitive Surgical price…

03/08/13
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  • 26

    Aug

  • 09

    Sep

AXP

American Express

$128.40

1.355 (1.07%)

07:37
07/19/19
07/19
07:37
07/19/19
07:37
Earnings
American Express backs FY19 adj. EPS view of $7.85-$8.35, consensus $8.13 »

Backs FY19 revenue growth…

03/08/13
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  • 19

    Jul

  • 13

    Nov

EXPO

Exponent

$61.63

0.83 (1.37%)

07:37
07/19/19
07/19
07:37
07/19/19
07:37
Recommendations
Exponent analyst commentary  »

Exponent price target…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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  • 23

    Jul

STT

State Street

$56.27

1.67 (3.06%)

07:37
07/19/19
07/19
07:37
07/19/19
07:37
Earnings
State Street reports Q2 EPS $1.42, consensus $1.39 »

Reports Q2 revenue…

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  • 19

    Jul

  • 06

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WW

WW

$25.18

1.23 (5.14%)

07:36
07/19/19
07/19
07:36
07/19/19
07:36
Upgrade
WW rating change  »

WW upgraded to Buy from…

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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SBBP

Strongbridge Biopharma

$2.77

-0.12 (-4.15%)

07:35
07/19/19
07/19
07:35
07/19/19
07:35
Hot Stocks
Strongbridge Biopharma announces new employment inducement awards »

Strongbridge Biopharma…

03/08/13
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AXP

American Express

$128.40

1.355 (1.07%)

07:35
07/19/19
07/19
07:35
07/19/19
07:35
Earnings
American Express reports Q2 EPS $2.07, consensus $2.04 »

Reports Q2 revenue…

03/08/13
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03/08/13
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  • 19

    Jul

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    Nov

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