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ORAN

Orange SA

$15.68

-0.03 (-0.19%)

, BT

BT Group

$12.74

(0.00%)

13:06
06/27/19
06/27
13:06
06/27/19
13:06

Orange launches sale of remaining BT Group stake

Orange announces the launch of the sale of its residual stake in BT Group of approximately 248M shares, representing around 2.5% of the share capital, through a private placement by way of an accelerated book building. BT Group will participate in the share placement with a GBP 80M irreducible order at the placement price. Following the placement, Orange will no longer be a shareholder of BT Group. The transaction is expected to settle on July 2. There will be no public offering in any country. The proceeds of the share placement will be used for the general corporate purposes of Orange. Citigroup is acting as sole bookrunner for the share placement.

ORAN

Orange SA

$15.68

-0.03 (-0.19%)

BT

BT Group

$12.74

(0.00%)

ORAN Orange SA
$15.68

-0.03 (-0.19%)

04/01/19
BREN
04/01/19
UPGRADE
BREN
Buy
Orange SA upgraded to Buy from Hold at Berenberg
04/28/19
GSCO
04/28/19
NO CHANGE
GSCO
Goldman Sachs sees 'attractive opportunity' in France telecom services
After meeting with French telecom management teams in April, Goldman Sachs analyst Andrew Lee believes French competition "has at last abated." In recent months, promotional pricing and some headline pricing have risen, Lee tells investors in a research note. Further, the analyst believes that while consolidation hope is down, the potential for deals is "not out." He highlights Altice NV (ALLVF), Orange (ORAN) and Bouygues (BOUYF) as "cleaner ways to play the market improvement and consolidation optionality." Lee reinstated coverage of Altice with a Buy rating and EUR 3.60 price target, upgraded Bouygues to Buy from Neutral, and reiterates a Conviction Buy on shares of Orange. He believes the "competitive truce" in France telecom services has created an "attractive opportunity."
06/06/19
MSCO
06/06/19
DOWNGRADE
MSCO
Equal Weight
Orange SA downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley analyst Emmet Kelly downgraded Orange SA to Equal Weight from Overweight and lowered his price target for the shares to 17 euros from 20 euros.
06/06/19
06/06/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Qorvo (QRVO) downgraded to Equal Weight from Overweight at Barclays with analyst Blayne Curtis citing the company's higher relative valuation, concerns of increased radio frequency competition, and potential further impacts from the trade war for the downgrade. 2. Spirit Airlines (SAVE) downgraded to Neutral from Buy at Goldman Sachs with analyst Catherine O'Brien saying there is downside risk to the consensus earnings forecasts for Spirit while United's estimates have appropriately incorporated tougher second half 2019 comparables. 3. Orange SA (ORAN) downgraded to Equal Weight from Overweight at Morgan Stanley. 4. Cloudera (CLDR) downgraded two notches to Hold from Strong Buy at Needham, to Neutral from Buy at Citi, to Hold from Buy at Stifel, and to Market Perform from Outperform at Raymond James. 5. FuelCell (FCEL) downgraded to Perform from Outperform at Oppenheimer and to Market Perform from Outperform at Cowen. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
BT BT Group
$12.74

(0.00%)

06/03/19
FBCO
06/03/19
UPGRADE
FBCO
Outperform
BT Group upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Paul Sidney upgraded BT Group to Outperform from Neutral and raised his price target for the shares to 2.80 pounds from 2.70 pounds. The analyst has a "much increased" level of confidence in the company's ability to return to sustainable EBITDA growth in fiscal 2021.
06/03/19
06/03/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Black Knight (BKI) upgraded to Buy from Neutral at Goldman Sachs with analyst James Schneider saying the company's "strong" pipeline of new bank client wins in both mortgage servicing and origination software should drive accelerating revenue growth over 2019 and into 2020 relative to recent quarters. 2. AMC Networks (AMCX) upgraded to In-Line from Underperform at Imperial Capital with analyst David Miller citing valuation. 3. BT Group (BT) upgraded to Outperform from Neutral at Credit Suisse with analyst Paul Sidney saying he has a "much increased" level of confidence in the company's ability to return to sustainable EBITDA growth in fiscal 2021. 4. Brinker (EAT) upgraded to Neutral from Sell at UBS with analyst Dennis Geiger saying that with the stock falling below that level, valuation now appears to reflect the challenges of his April initiation. 5. Teva (TEVA) upgraded to Outperform from Perform at Oppenheimer with analyst Esther Rajavelu saying the shares, trading at its 19-year low, offer a buying opportunity. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/21/19
MKMP
06/21/19
NO CHANGE
Target $110
MKMP
Buy
WWE's India / Middle East / China TV deals still to be done, says MKM Partners
MKM Partners analyst Eric Handler kept his Buy rating and $110 price target on WWE (WWE) after the company's announcement of a renewed pay-TV deal in Latin America and a new partnership in the UK with BT (BT). The analyst states that the company's prior notice that it would disclose monetary value for all international TV deals when they are completed suggests that it is still in talks on contracts for its India, Middle East, and China markets. Handler adds that it would "not be surprising" if WWE was able to "claw back" its ability to sell some of U.K.'s free-to-air rights for possible extra monetization.
06/24/19
DBAB
06/24/19
DOWNGRADE
DBAB
Sell
BT Group downgraded to Sell from Hold at Deutsche Bank
Deutsche Bank analyst Robert Grindle downgraded BT Group to Sell from Hold and lowered his price target to 175p from 217p, citing the threat to its EBITDA recovery from rising capital expenditures.

TODAY'S FREE FLY STORIES

RACE

Ferrari

$168.55

2.05 (1.23%)

21:17
07/15/19
07/15
21:17
07/15/19
21:17
Recommendations
Ferrari analyst commentary at Goldman Sachs »

Ferrari price target…

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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RNLSY

Renault

$0.00

(0.00%)

21:12
07/15/19
07/15
21:12
07/15/19
21:12
Initiation
Renault initiated at Goldman Sachs »

Renault initiated with a…

03/08/13
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PUGOY

Peugeot

$0.00

(0.00%)

21:07
07/15/19
07/15
21:07
07/15/19
21:07
Initiation
Peugeot initiated at Goldman Sachs »

Peugeot initiated with a…

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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NTES

NetEase

$256.35

-3.62 (-1.39%)

21:02
07/15/19
07/15
21:02
07/15/19
21:02
Hot Stocks
NetEase acquires minority stake in Behaviour Interactive, terms not stated »

NetEase Games announced…

03/08/13
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03/06/13
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FCAU

Fiat Chrysler

$14.18

0.045 (0.32%)

20:57
07/15/19
07/15
20:57
07/15/19
20:57
Initiation
Fiat Chrysler initiated at Goldman Sachs »

Fiat Chrysler initiated…

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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  • 31

    Jul

DDAIF

Daimler AG

$0.00

(0.00%)

20:53
07/15/19
07/15
20:53
07/15/19
20:53
Initiation
Daimler AG initiated at Goldman Sachs »

Daimler AG initiated with…

03/08/13
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03/08/13
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03/06/13
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BMWYY

BMW

$0.00

(0.00%)

20:48
07/15/19
07/15
20:48
07/15/19
20:48
Initiation
BMW initiated at Goldman Sachs »

BMW initiated with a…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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VALE

Vale

$13.99

0.175 (1.27%)

20:38
07/15/19
07/15
20:38
07/15/19
20:38
Periodicals
Vale to pay $106.5M to Brazil workers impacted by dam incident, Reuters says »

Vale disclosed that it…

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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  • 01

    Aug

RNR

RenaissanceRe

$187.35

3.295 (1.79%)

20:36
07/15/19
07/15
20:36
07/15/19
20:36
Downgrade
RenaissanceRe rating change at Deutsche Bank »

RenaissanceRe downgraded…

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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  • 24

    Jul

JPM

JPMorgan

$113.87

-1.45 (-1.26%)

, JNJ

Johnson & Johnson

$134.67

0.38 (0.28%)

20:25
07/15/19
07/15
20:25
07/15/19
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

JPM

JPMorgan

$113.87

-1.45 (-1.26%)

JNJ

Johnson & Johnson

$134.67

0.38 (0.28%)

WFC

Wells Fargo

$46.70

-0.65 (-1.37%)

GS

Goldman Sachs

$211.55

-2.4 (-1.12%)

PLD

Prologis

$79.94

-0.09 (-0.11%)

FRC

First Republic

$98.61

-2.02 (-2.01%)

DPZ

Domino's Pizza

$269.97

-12.26 (-4.34%)

SNV

Synovus

$34.35

-1.08 (-3.05%)

FHN

First Horizon

$14.80

-0.305 (-2.02%)

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

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  • 15

    Jul

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    Jul

  • 29

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    Jul

  • 06

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  • 27

    Aug

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    Aug

  • 06

    Sep

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    Sep

  • 16

    Sep

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    Sep

  • 12

    Oct

  • 13

    Nov

SON

Sonoco

$64.49

-0.69 (-1.06%)

20:04
07/15/19
07/15
20:04
07/15/19
20:04
Downgrade
Sonoco rating change at BMO Capital »

Sonoco downgraded to…

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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  • 18

    Jul

  • 06

    Aug

  • 17

    Oct

SON

Sonoco

$64.49

-0.69 (-1.06%)

19:59
07/15/19
07/15
19:59
07/15/19
19:59
Downgrade
Sonoco rating change at BMO Capital »

Sonoco downgraded to…

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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  • 18

    Jul

  • 06

    Aug

  • 17

    Oct

PLD

Prologis

$79.94

-0.09 (-0.11%)

19:51
07/15/19
07/15
19:51
07/15/19
19:51
Hot Stocks
Prologis to buy Black Creek Group industrial RE investment platform for $3.99B »

Black Creek Group has…

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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  • 16

    Jul

PLD

Prologis

$79.94

-0.09 (-0.11%)

19:48
07/15/19
07/15
19:48
07/15/19
19:48
Earnings
Prologis reports Q2 FFO 77c, consensus 76c »

Reports Q2 revenue…

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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  • 16

    Jul

CVX

Chevron

$125.71

-0.27 (-0.21%)

19:46
07/15/19
07/15
19:46
07/15/19
19:46
Hot Stocks
Chevron ordered to stop oil spill in California by State Regulator »

California Natural…

03/08/13
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03/08/13
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  • 02

    Aug

GPL

Great Panther Silver

$0.72

-0.0409 (-5.38%)

19:33
07/15/19
07/15
19:33
07/15/19
19:33
Hot Stocks
Great Panther Silver names Jeffrey Mason as new board chair »

Great Panther Silver…

03/08/13
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PYPL

PayPal

$120.88

0.77 (0.64%)

19:04
07/15/19
07/15
19:04
07/15/19
19:04
Hot Stocks
PayPal launches international money transfer service Xoom »

PayPal launched Xoom-its…

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03/06/13
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  • 24

    Jul

JBHT

J.B. Hunt

$92.50

-0.45 (-0.48%)

, EYEN

Eyenovia

$2.89

0.04 (1.40%)

18:58
07/15/19
07/15
18:58
07/15/19
18:58
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: JB…

JBHT

J.B. Hunt

$92.50

-0.45 (-0.48%)

EYEN

Eyenovia

$2.89

0.04 (1.40%)

VKTX

Viking Therapeutics

$8.25

0.02 (0.24%)

ARW

Arrow Electronics

$68.82

-0.15 (-0.22%)

ATEX

Anterix

$47.61

0.61 (1.30%)

RGEN

Repligen

$85.87

0.86 (1.01%)

MPW

Medical Properties Trust

$18.28

-0.23 (-1.24%)

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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  • 15

    Jul

  • 24

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  • 25

    Jul

  • 06

    Aug

  • 08

    Aug

  • 09

    Aug

  • 26

    Aug

  • 09

    Sep

  • 18

    Sep

  • 19

    Sep

  • 13

    Nov

  • 16

    Jul

  • 17

    Jul

  • 17

    Jul

WTFC

Wintrust Financial

$69.99

-2.05 (-2.85%)

18:56
07/15/19
07/15
18:56
07/15/19
18:56
Earnings
Wintrust Financial reports Q2 EPS $1.38, consensus $1.66 »

Reports Q2 revenue…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 16

    Jul

  • 06

    Aug

DDAIF

Daimler AG

$0.00

(0.00%)

18:46
07/15/19
07/15
18:46
07/15/19
18:46
Initiation
Daimler AG initiated at Goldman Sachs »

Daimler AG initiated with…

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

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PUGOY

Peugeot

$0.00

(0.00%)

18:46
07/15/19
07/15
18:46
07/15/19
18:46
Initiation
Peugeot initiated at Goldman Sachs »

Peugeot initiated with a…

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

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FCAU

Fiat Chrysler

$14.18

0.045 (0.32%)

18:45
07/15/19
07/15
18:45
07/15/19
18:45
Initiation
Fiat Chrysler initiated at Goldman Sachs »

Fiat Chrysler initiated…

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

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  • 31

    Jul

TGI

Triumph Group

$23.07

-0.22 (-0.94%)

18:42
07/15/19
07/15
18:42
07/15/19
18:42
Hot Stocks
Triumph Group selected by leading airline as MRO provider »

Triumph Group announced…

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

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  • 18

    Jul

  • 31

    Jul

TRQ

Turquoise Hill

$1.07

-0.02 (-1.83%)

18:32
07/15/19
07/15
18:32
07/15/19
18:32
Hot Stocks
Turquoise Hill reports Q2 copper output 39.2KT, down 0.6% from last year »

Reports Q2 Gold output…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
Barclays

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RIO

Rio Tinto

$61.50

0.77 (1.27%)

18:29
07/15/19
07/15
18:29
07/15/19
18:29
Hot Stocks
Rio Tinto cuts FY19 Pilbara ore shipments view to 320M-330M tons »

Prior view was 333M-343M…

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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  • 25

    Sep

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