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LZB

La-Z-Boy

$31.16

-0.395 (-1.25%)

16:17
07/08/19
07/08
16:17
07/08/19
16:17

La-Z-Boy names Keith Wilson as President of International business

La-Z-Boy Incorporated announced that Keith Wilson has been named President International. In this capacity, he will be responsible for all international sales, merchandising and marketing. He succeeds Doug Collier, who recently retired from La-Z-Boy. Wilson joined La-Z-Boy in 2016 in an interim capacity before being named Managing Director, La-Z-Boy U.K.

  • 16

    Jul

  • 17

    Jul

LZB La-Z-Boy
$31.16

-0.395 (-1.25%)

08/23/18
08/23/18
DOWNGRADE

Sector Weight
La-Z-Boy downgraded to Sector Weight on valuation at KeyBanc
As previously reported, KeyBanc analyst Bradley Thomas downgraded La-Z-Boy to Sector Weight from Overweight on valuation. With the stock 20%-plus year over year and valuation elevated, the analyst believes the risk/reward for shares is more balanced on a six-month time frame. Thomas sees organic sales moderating from Q1, and incremental margin pressure in the quarters ahead. Lastly, while difficult to quantify, China tariffs could lead to downside to his current EPS estimates if exemptions are not made for the industry.
08/23/18
08/23/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Duluth Holdings (DLTH) downgraded to Neutral from Outperform at Baird. 2. La-Z-Boy (LZB) downgraded to Sector Weight from Overweight at KeyBanc with analyst Bradley Thomas citing valuation. 3. PermRock Royalty Trust (PRT) downgraded to Hold from Buy at Stifel with analyst Timothy Howard saying he believes significant long-term value remains in the trust, but cites "elevated" capital spending in the near term and "Permian differential uncertainty" for the downgrade. 4. ABM (ABM) downgraded to Neutral from Outperform at Baird with analyst Andrew Wittmann saying he sees the risk/reward as more balanced given near-term uncertainties and a possible risk to near-term guidance. 5. Coca-Cola Amatil (CCLAY) downgraded to Sell from Neutral at UBS and to Neutral from Outperform at Credit Suisse. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/17/18
SIDC
12/17/18
UPGRADE
Target $34
SIDC
Buy
La-Z-Boy upgraded to Buy from Neutral at Sidoti
Sidoti analyst Anthony Lebiedzinski upgraded La-Z-Boy to Buy from Neutral following a 34% decline in the shares since August. He believes the company is well-positioned to deal with tariffs compared to most peers and sees it product mix skewed to upholstery helping it continue to profitably increase revenue. Lebiedzinski keeps a $34 price target on La-Z-Boy shares.
06/06/19
SIDC
06/06/19
DOWNGRADE
Target $35
SIDC
Neutral
La-Z-Boy downgraded to Neutral from Buy at Sidoti
Sidoti analyst Anthony Lebiedzinski downgraded La-Z-Boy to Neutral from Buy and lowered his price target on the shares to $35 from $38 after the company pre-announced FY19 sales and earnings that were below consensus estimates. The Trump administration's threats for tariffs on goods imported from Mexico adds another layer of risk given La-Z-Boy's reliance on cut-and-sew kits from a Mexico facility and Joybird's manufacturing plant in Tijuana, Lebiedzinski said.

TODAY'S FREE FLY STORIES

08:55
07/18/19
07/18
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08:55
Conference/Events
House Judiciary Committee to hold a hearing »

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MNKD

MannKind

$1.04

-0.055 (-5.05%)

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AMZN

Amazon.com

$1,992.41

-17.59 (-0.88%)

08:54
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Periodicals
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  • 25

    Jul

WP

Worldpay

$132.28

1.07 (0.82%)

08:52
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ONEXF

Onex

$0.00

(0.00%)

08:52
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Hot Stocks
Onex to sell Jack's Family Restaurants, terms not disclosed »

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EBAY

eBay

$39.03

-0.87 (-2.18%)

, FB

Facebook

$201.97

-1.9 (-0.93%)

08:51
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07/18
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08:51
Recommendations
eBay, Facebook analyst commentary  »

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EBAY

eBay

$39.03

-0.87 (-2.18%)

FB

Facebook

$201.97

-1.9 (-0.93%)

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  • 24

    Jul

WEX

Wex

$218.50

0.11 (0.05%)

08:51
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07/18
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Initiation
Wex initiated  »

Wex assumed with a Hold…

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MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Hot Stocks
MyoKardia expects cash, cash equivalents to fund operations into 2H21 »

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  • 09

    Sep

V

Visa

$179.16

-0.14 (-0.08%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Initiation
Visa initiated  »

Visa assumed with a Buy…

03/08/13
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  • 23

    Jul

TSS

TSYS

$133.04

0.06 (0.05%)

08:50
07/18/19
07/18
08:50
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08:50
Initiation
TSYS initiated  »

TSYS assumed with a Buy…

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CIR

Circor

$37.12

-1.22 (-3.18%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Upgrade
Circor rating change  »

Circor upgraded to Buy…

03/08/13
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  • 01

    Aug

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

, SNY

Sanofi

$41.57

-0.25 (-0.60%)

08:49
07/18/19
07/18
08:49
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08:49
Hot Stocks
MyoKardia re-acquires U.S. royalty rights to HCM programs from Sanofi »

MyoKardia (MYOK)…

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

SNY

Sanofi

$41.57

-0.25 (-0.60%)

03/08/13
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  • 29

    Jul

  • 09

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  • 16

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  • 02

    Oct

SQ

Square

$80.81

0.23 (0.29%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Initiation
Square initiated  »

Square assumed with a…

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  • 01

    Aug

TMDI

Titan Medical

$2.19

-0.025 (-1.13%)

08:49
07/18/19
07/18
08:49
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08:49
Hot Stocks
Titan Medical completes GLP procedures with single-port robotic surgery system »

Titan Medical announced…

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PYPL

PayPal

$118.80

-0.88 (-0.74%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Initiation
PayPal initiated  »

PayPal assumed with a Buy…

03/08/13
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  • 24

    Jul

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

08:48
07/18/19
07/18
08:48
07/18/19
08:48
Hot Stocks
MyoKardia expects to report topline data from EXPLORER-HCM trial in 2Q20 »

MyoKardia announced…

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  • 09

    Sep

MA

MasterCard

$275.34

-1.1 (-0.40%)

08:48
07/18/19
07/18
08:48
07/18/19
08:48
Initiation
MasterCard initiated  »

MasterCard assumed with a…

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  • 30

    Jul

GDOT

Green Dot

$47.85

-0.525 (-1.09%)

08:47
07/18/19
07/18
08:47
07/18/19
08:47
Initiation
Green Dot initiated  »

Green Dot assumed with a…

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GPN

Global Payments

$165.06

0.215 (0.13%)

08:47
07/18/19
07/18
08:47
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Initiation
Global Payments initiated  »

Global Payments assumed…

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  • 30

    Jul

  • 13

    Nov

FLT

FleetCor

$289.72

-1.21 (-0.42%)

08:46
07/18/19
07/18
08:46
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Initiation
FleetCor initiated  »

FleetCor assumed with a…

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GPC

Genuine Parts

$102.27

-3.07 (-2.91%)

08:46
07/18/19
07/18
08:46
07/18/19
08:46
Earnings
Genuine Parts updates FY19 revenue growth view to 4.5%-5.5%, consensus $19.55B »

The company said,…

03/08/13
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  • 18

    Jul

  • 06

    Aug

SPNE

SeaSpine

$12.73

(0.00%)

08:45
07/18/19
07/18
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07/18/19
08:45
Hot Stocks
SeaSpine announces release of OsteoStrand, OsteoStrand Plus DBM Fibers »

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APHA

Aphria

$6.56

0.26 (4.13%)

, SAP

SAP

$134.22

-0.9 (-0.67%)

08:45
07/18/19
07/18
08:45
07/18/19
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

APHA

Aphria

$6.56

0.26 (4.13%)

SAP

SAP

$134.22

-0.9 (-0.67%)

OSTK

Overstock.com

$18.90

1.13 (6.36%)

SIL

APEX Silver Mines

$28.29

1.23 (4.55%)

FCEL

FuelCell

$0.31

-0.014 (-4.38%)

TZA

Small Cap Bear 3x

$46.85

1.05 (2.29%)

TLT

iShares 20+ Year Treasury Bond Fund

$131.99

1.42 (1.09%)

SQQQ

ProShares UltraPro Short QQQ

$32.21

0.42 (1.32%)

03/08/13
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  • 18

    Jul

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    Aug

08:45
07/18/19
07/18
08:45
07/18/19
08:45
General news
U.S. initial jobless claims rose 8k to 216k in the week ended July 13 »

U.S. initial jobless…

MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:44
07/18/19
07/18
08:44
07/18/19
08:44
Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

Morgan Stanley CFO says…

03/08/13
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  • 18

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