Breaking News Instant updates and real-time market news.

DAVE

Famous Dave's

$4.28

(0.00%)

, BYND

Beyond Meat

$164.19

1.47 (0.90%)

13:00
06/28/19
06/28
13:00
06/28/19
13:00

Famous Dave's announces partnership with Beyond Meat

Famous Dave's (DAVE) announced a partnership with Beyond Meat (BYND) and will be launching a test of plant-based protein menu items in mid-August. The test will roll out initially in five locations, four throughout Colorado and one in Minneapolis, the company announced.

DAVE

Famous Dave's

$4.28

(0.00%)

BYND

Beyond Meat

$164.19

1.47 (0.90%)

DAVE Famous Dave's
$4.28

(0.00%)

04/03/19
MAXM
04/03/19
INITIATION
Target $9
MAXM
Buy
Famous Dave's initiated with a Buy at Maxim
Maxim analyst Stephen Anderson initiated Famous Dave's with a Buy rating and a price target of $9, saying the "turnaround story" for the company is "finally cooking". The analyst expects Famous Dave's to return to sustained comp growth and unit growth following a 26% decline in unit count since 2014 thanks to its "smaller, high-return prototype designed for off-premise sales." While he anticipates a hit to the company's operating margin from the franchised restaurant acquisition in the near term, Anderson believes that "improving restaurant-level fundamentals" will lead to a strong rebound in margins in 2020-21.
BYND Beyond Meat
$164.19

1.47 (0.90%)

06/13/19
FBCO
06/13/19
NO CHANGE
FBCO
Tyson plant-based launch not big threat to Beyond Meat, says Credit Suisse
Credit Suisse analyst Robert Moskow says this morning's launch of plant-based chicken nuggets and patties and hybrid beef-plant burgers and sausages supports his positive view on Tyson Foods (TSN). Perdue and Hormel Foods (HRL) have also signaled similar intentions to pursue hybrid meats, Moskow tells investors in a research note. The analyst, however, does not view Tyson's hybrid burgers as a major threat to Beyond Meat (BYND). Beyond's burger products are "more revolutionary and broader" in terms of potential consumer appeal, contends Moskow. Although competing hybrid burgers offer less saturated fat than the 100% plant-based products from Beyond and Impossible, "they simply don't taste as good in our experience," writes the analyst. Shares of Beyond Meat are down $1.04 to $140.93 in early trading while Tyson Foods is up $1.92 to $83.82.
06/12/19
06/12/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Cisco (CSCO) downgraded to Market Perform from Outperform at William Blair with analyst Jason Ader saying he sees "signs of tightening demand" across IT infrastructure, which he believes could pressure growth in Cisco's fiscal 2020, "especially when compared against unusually strong demand in fiscal 2019." 2. Manpower (MAN) downgraded to Neutral from Outperform at Credit Suisse. 3. Dave & Buster's (PLAY) downgraded to Hold from Buy at Gordon Haskett and SunTrust, as well as to Market Perform from Outperform at Wells Fargo. 4. Amcor (AMCR) reinstated with a Sell from Neutral at Goldman Sachs with analyst Brian Maguire saying Bemis's earnings growth "has not proven to be as resilient in recent years." 5. Beyond Meat (BYND) downgraded to Market Perform from Outperform at Bernstein with analyst Alexia Howard saying "valuation considerations as the stock has traded in a highly volatile manner since its IPO likely due to its limited public float." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/12/19
BERN
06/12/19
DOWNGRADE
Target $123
BERN
Market Perform
Beyond Meat downgraded to Market Perform from Outperform at Bernstein
Bernstein analyst Alexia Howard downgraded Beyond Meat to Market Perform from Outperform with a price target of $123. . The downgrade is due to "valuation considerations as the stock has traded in a highly volatile manner since its IPO likely due to its limited public float," Howard tells investors in a research note. The analyst now sees limited upside for the stock. Beyond Meat closed yesterday down 25%, or $42.06, to $126.04 after JPMorgan analyst Ken Goldman downgraded the shares on valuation concerns
06/11/19
06/11/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Wells Fargo (WFC) downgraded to Underweight from Neutral at Atlantic Equities with analyst John Heagerty. 2. Symantec (SYMC) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Keith Weiss saying his recent survey of Chief Security Officers points to Symantec losing share in endpoint security and web security, which poses risk to its revenue growth guidance. 3. Shell Midstream (SHLX) downgraded to Underperform from Neutral at Credit Suisse with analyst Spiro Dounis noting that lower than anticipated re-contracted Zydeco pipeline rates result in a more challenged financial outlook that likely requires the Sponsor to remain accommodative. 4. Beyond Meat (BYND) downgraded to Neutral from Overweight at JPMorgan analyst Ken Goldman saying the stock at around $168 "requires assumptions we are not yet comfortable with." 5. Denny's (DENN) downgraded to Hold from Buy at Maxim with analyst Stephen Anderson saying that he remains "constructive" on the company's continued "brand rejuvenation" and refranchising program, modeling earning growth accelerating to 31% in 2020 from the projected 9% this year. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage,

TODAY'S FREE FLY STORIES

LB

L Brands

$20.35

0.455 (2.29%)

16:47
08/21/19
08/21
16:47
08/21/19
16:47
Earnings
L Brands raises FY19 free cash flow view to ~$750M from ~$700M »

Backs FY19 SSS view of…

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

  • 22

    Aug

  • 23

    Sep

AFG

American Financial Group

$99.71

0.53 (0.53%)

16:47
08/21/19
08/21
16:47
08/21/19
16:47
Hot Stocks
American Financial Group increases annual dividend 12.5% to $1.80 per share »

American Financial Group…

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

  • 04

    Sep

JNJ

Johnson & Johnson

$131.55

0.98 (0.75%)

16:45
08/21/19
08/21
16:45
08/21/19
16:45
Periodicals
Oklahoma judge to deliver decision Monday on J&J opioid suit, Reuters says »

Judge Thad Balkman in…

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

  • 04

    Sep

  • 09

    Sep

  • 16

    Sep

  • 01

    Oct

  • 15

    Oct

JWN

Nordstrom

$26.51

1.38 (5.49%)

16:45
08/21/19
08/21
16:45
08/21/19
16:45
Hot Stocks
Nordstrom says one-third of customers visit a store before purchasing online »

Says 50% of customers…

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

  • 21

    Aug

SPRT

Support.com

$1.72

0.055 (3.31%)

16:41
08/21/19
08/21
16:41
08/21/19
16:41
Hot Stocks
Julian Singer discloses 4.9% stake in Support.com, urges strategic alternatives »

Julian Singer disclosed 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

HTHT

Huazhu Group

$31.64

-1.36 (-4.12%)

16:37
08/21/19
08/21
16:37
08/21/19
16:37
Hot Stocks
Huazhu Group approves $750M share repurchase program »

Huazhu's Board of…

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

  • 21

    Aug

HTHT

Huazhu Group

$31.64

-1.36 (-4.12%)

16:35
08/21/19
08/21
16:35
08/21/19
16:35
Earnings
Breaking Earnings news story on Huazhu Group »

Huazhu Group sees FY19…

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

  • 21

    Aug

LB

L Brands

$20.35

0.455 (2.29%)

16:35
08/21/19
08/21
16:35
08/21/19
16:35
Hot Stocks
L Brands reports Q2 Stores Only SSS down 4% »

Reports Q2 Stores Only…

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

  • 22

    Aug

  • 23

    Sep

HTHT

Huazhu Group

$31.64

-1.36 (-4.12%)

16:34
08/21/19
08/21
16:34
08/21/19
16:34
Earnings
Breaking Earnings news story on Huazhu Group »

Huazhu Group sees Q3…

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

  • 21

    Aug

LB

L Brands

$20.35

0.455 (2.29%)

16:34
08/21/19
08/21
16:34
08/21/19
16:34
Hot Stocks
L Brands reports Q2 Stores and Direct SSS down 1% »

Reports Q2 SSS for…

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

  • 22

    Aug

  • 23

    Sep

BGNE

BeiGene

$145.78

0.93 (0.64%)

16:33
08/21/19
08/21
16:33
08/21/19
16:33
Hot Stocks
BeiGene announces FDA acceptance of zanubrutinib NDA to treat MCL patients »

BeiGene announced that…

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

  • 09

    Sep

HTHT

Huazhu Group

$31.64

-1.36 (-4.12%)

16:33
08/21/19
08/21
16:33
08/21/19
16:33
Earnings
Huazhu Group reports Q2 adjusted EPS 24c, consensus 26c »

Reports Q2 revenue $417M,…

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

  • 21

    Aug

TGT

Target

$103.11

17.54 (20.50%)

, LOW

Lowe's

$108.00

9.96 (10.16%)

16:33
08/21/19
08/21
16:33
08/21/19
16:33
On The Fly
Fly Intel: Wall Street's top stories for Wednesday »

Stocks began the day…

TGT

Target

$103.11

17.54 (20.50%)

LOW

Lowe's

$108.00

9.96 (10.16%)

GS

Goldman Sachs

$200.69

0.77 (0.39%)

AAPL

Apple

$212.69

2.34 (1.11%)

LEDS

SemiLEDs

$2.90

0.68 (30.63%)

PDD

Pinduoduo

$30.14

4.165 (16.04%)

URBN

Urban Outfitters

$22.38

1.45 (6.93%)

JMIA

Jumia Technologies

$12.25

-2.44 (-16.61%)

CREE

Cree

$49.01

-9.18 (-15.78%)

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

  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

  • 22

    Aug

  • 15

    Sep

  • 19

    Sep

  • 25

    Sep

  • 15

    Oct

  • 30

    Oct

  • 19

    Nov

LB

L Brands

$20.35

0.455 (2.29%)

16:32
08/21/19
08/21
16:32
08/21/19
16:32
Earnings
Breaking Earnings news story on L Brands »

L Brands backs FY19 EPS…

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

  • 22

    Aug

  • 23

    Sep

WH

Wyndham Hotels & Resorts

$50.66

-0.065 (-0.13%)

16:32
08/21/19
08/21
16:32
08/21/19
16:32
Initiation
Wyndham Hotels & Resorts initiated  »

Wyndham Hotels &…

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

  • 11

    Sep

  • 12

    Sep

AMR

Alta Mesa Resources

$0.12

-0.0041 (-3.34%)

16:32
08/21/19
08/21
16:32
08/21/19
16:32
Hot Stocks
Alta Mesa Resources receives Nasdaq non-compliance notice »

Alta Mesa Resources, Inc.…

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

LB

L Brands

$20.35

0.455 (2.29%)

16:31
08/21/19
08/21
16:31
08/21/19
16:31
Earnings
Breaking Earnings news story on L Brands »

L Brands sees Q3 EPS (5c)…

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

  • 22

    Aug

  • 23

    Sep

ESTC

Elastic

$84.14

2.2 (2.68%)

16:31
08/21/19
08/21
16:31
08/21/19
16:31
Hot Stocks
Elastic acquires Perched, terms not disclosed »

Elastic announced that it…

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

  • 28

    Aug

  • 10

    Sep

  • 12

    Dec

  • 16

    Dec

LB

L Brands

$20.35

0.455 (2.29%)

16:31
08/21/19
08/21
16:31
08/21/19
16:31
Earnings
L Brands reports Q2 adjusted EPS 24c, consensus 20c »

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

  • 22

    Aug

  • 23

    Sep

WORK

Slack Technologies

$30.81

0.315 (1.03%)

16:30
08/21/19
08/21
16:30
08/21/19
16:30
Initiation
Slack Technologies initiated  »

Slack Technologies…

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

  • 21

    Aug

  • 04

    Sep

16:30
08/21/19
08/21
16:30
08/21/19
16:30
Options
Preliminary option volume of 16.7M today »

Preliminary option volume…

SMPL

Simply Good Foods

$27.35

0.55 (2.05%)

16:29
08/21/19
08/21
16:29
08/21/19
16:29
Hot Stocks
Simply Good Foods to acquire Quest Nutrition for $1B in cash »

The Simply Good Foods…

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

WSG

Wanda Sports

$4.48

0.58 (14.87%)

16:28
08/21/19
08/21
16:28
08/21/19
16:28
Initiation
Wanda Sports initiated  »

Wanda Sports initiated…

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

LPLA

LPL Financial

$73.81

0.86 (1.18%)

16:28
08/21/19
08/21
16:28
08/21/19
16:28
Hot Stocks
LPL Financial says assets served at July-end up 1% compared to June-end »

LPL Financial released…

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

  • 27

    Aug

  • 12

    Sep

AYX

Alteryx

$142.57

6.955 (5.13%)

16:27
08/21/19
08/21
16:27
08/21/19
16:27
Initiation
Alteryx initiated  »

Alteryx 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

  • 04

    Sep

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.