Breaking News Instant updates and real-time market news.

PH

Parker-Hannifin

$161.73

-1.62 (-0.99%)

08:04
07/11/19
07/11
08:04
07/11/19
08:04

Parker-Hannifin downgraded to Market Perform at Wells Fargo

As previously reported, Wells Fargo analyst Andrew Casey downgraded Parker-Hannifin to Market Perform from Outperform as future potential appears to be increasingly complicated by ongoing end market growth deceleration in the U.S., lower probability for international growth pace reacceleration, and company specific initiatives. The analyst also lowered his price target on the shares to $175 from $205.

  • 01

    Aug

  • 20

    Aug

PH Parker-Hannifin
$161.73

-1.62 (-0.99%)

07/10/19
JPMS
07/10/19
DOWNGRADE
Target $169
JPMS
Neutral
Parker-Hannifin downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Ann Duignan downgraded Parker-Hannifin to Neutral from Overweight and lowered her price target for the shares to $169 from $186. The analyst cites weakening global industrial production for the downgrade. End market headwinds in most regions are likely to weigh on the company's organic growth, Duignan tells investors in a research note. Further, the recently announced acquisition of Lord may weigh on Parker-Hannifin's returns given the price it paid.
07/10/19
DBAB
07/10/19
NO CHANGE
DBAB
Deutsche says buy Stanley, sell Illinois Tool Works and Parker-Hannifin into Q2
Deutsche Bank analyst Nicole DeBlase placed a "Catalyst Call" buy on Stanley Black & Decker (SWK) along with "Catalyst Call" sells on both Illinois Tool Works (ITW) and Parker-Hannifin (PH) into the Q2 reporting season. She believes expectations are low for Stanley going into the print but sees downside to estimates for Illinois Tool Works and Parker-Hannifin.
07/10/19
07/10/19
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) downgraded to Neutral from Buy at UBS with analyst Steven Fisher saying that after a "sharp" rebound from a weak May, the stock now balances the risks of near-term caution and the potential pick-up in 2020. 2. Universal Display (OLED) downgraded to Perform from Outperform at Oppenheimer with analyst Andrew Uerkwitz citing valuation. 3. Parker-Hannifin (PH) and Agco (AGCO) were downgraded to Neutral from Overweight at JPMorgan. 4. BP (BP) downgraded to Neutral from Outperform at Credit Suisse with analyst Thomas Adolff saying he now prefers shares of Total (TOT) as he believes they are trading at a cheaper valuation than BP. 5. Citizens Financial (CFG) downgraded to Neutral from Buy at UBS with analyst Saul Martinez saying the bank's "limited fee generation" and declining ROA make it vulnerable in a more challenging interest rate and credit environment. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/10/19
WELS
07/10/19
DOWNGRADE
WELS
Market Perform
Parker-Hannifin downgraded to Market Perform from Outperform at Wells Fargo

TODAY'S FREE FLY STORIES

SKIS

Peak Resorts

$10.85

5.71 (111.09%)

, MTN

Vail Resorts

$235.48

9.665 (4.28%)

07:01
07/23/19
07/23
07:01
07/23/19
07:01
Downgrade
Peak Resorts, Vail Resorts rating change  »

Peak Resorts downgraded…

SKIS

Peak Resorts

$10.85

5.71 (111.09%)

MTN

Vail Resorts

$235.48

9.665 (4.28%)

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

KO

Coca-Cola

$51.25

-0.15 (-0.29%)

07:00
07/23/19
07/23
07:00
07/23/19
07:00
Earnings
Coca-Cola sees FY19 5% growth in organic revenues »

FY19 revenue consensus…

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

  • 23

    Jul

  • 19

    Sep

HOG

Harley-Davidson

$34.25

-0.62 (-1.78%)

07:00
07/23/19
07/23
07:00
07/23/19
07:00
Hot Stocks
Harley-Davidson cuts FY19 shipment view to 212,000-217,000 from 217,000-222,000 »

Sees FY19 motorcycles…

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

  • 23

    Jul

UTX

United Technologies

$132.94

0.57 (0.43%)

06:59
07/23/19
07/23
06:59
07/23/19
06:59
Earnings
United Technologies reports Q2 adj. EPS $2.20, consensus $2.05 »

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

  • 23

    Jul

DRI

Darden

$125.43

1.03 (0.83%)

06:59
07/23/19
07/23
06:59
07/23/19
06:59
Initiation
Darden initiated  »

Darden initiated with an…

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

  • 14

    Aug

  • 21

    Aug

  • 22

    Aug

CDOR

Condor Hospitality Trust

$10.97

2.7 (32.65%)

06:58
07/23/19
07/23
06:58
07/23/19
06:58
Downgrade
Condor Hospitality Trust rating change  »

Condor Hospitality…

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

CTG

Computer Task Group

$4.08

0.025 (0.62%)

06:58
07/23/19
07/23
06:58
07/23/19
06:58
Earnings
Computer Task Group sees FY19 non-GAAP EPS 32c-38c, consensus 33c »

Raises FY19 revenue view…

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

  • 23

    Jul

  • 25

    Jul

CADE

Cadence Bancorp

$15.86

-3.75 (-19.12%)

06:58
07/23/19
07/23
06:58
07/23/19
06:58
Recommendations
Cadence Bancorp analyst commentary  »

Cadence Bancorp price…

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

  • 06

    Aug

  • 26

    Aug

  • 23

    Sep

TRV

Travelers

$149.95

-0.22 (-0.15%)

06:58
07/23/19
07/23
06:58
07/23/19
06:58
Hot Stocks
Travelers reports Q2 book value per share $97.26 »

Book value per share 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

  • 23

    Jul

  • 06

    Aug

CTSH

Cognizant

$65.54

0.42 (0.64%)

06:58
07/23/19
07/23
06:58
07/23/19
06:58
Downgrade
Cognizant rating change  »

Cognizant 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

  • 31

    Jul

TRV

Travelers

$149.95

-0.22 (-0.15%)

06:57
07/23/19
07/23
06:57
07/23/19
06:57
Earnings
Travelers reports Q2 core EPS $2.02, consensus $2.29 »

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

  • 23

    Jul

  • 06

    Aug

HOG

Harley-Davidson

$34.25

-0.62 (-1.78%)

06:57
07/23/19
07/23
06:57
07/23/19
06:57
Earnings
Harley-Davidson reports Q2 ex-items EPS $1.46, consensus $1.20 »

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

  • 23

    Jul

KO

Coca-Cola

$51.25

-0.15 (-0.29%)

06:56
07/23/19
07/23
06:56
07/23/19
06:56
Earnings
Coca-Cola provides Q3 outlook »

Comparable net revenues…

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

  • 23

    Jul

  • 19

    Sep

CTG

Computer Task Group

$4.08

0.025 (0.62%)

06:56
07/23/19
07/23
06:56
07/23/19
06:56
Earnings
Computer Task Group reports Q2 non-GAAP EPS 9c, consensus 7c »

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

  • 23

    Jul

  • 25

    Jul

KO

Coca-Cola

$51.25

-0.15 (-0.29%)

06:55
07/23/19
07/23
06:55
07/23/19
06:55
Earnings
Coca-Cola reports Q2 comparable cont ops EPS 63c, consensus 61c »

Reports Q2 revenue $10B,…

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

  • 23

    Jul

  • 19

    Sep

ZION

Zions Bancorp

$45.16

-0.95 (-2.06%)

06:54
07/23/19
07/23
06:54
07/23/19
06:54
Recommendations
Zions Bancorp analyst commentary  »

Zions Bancorp price…

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

TRU

TransUnion

$74.91

-0.14 (-0.19%)

06:54
07/23/19
07/23
06:54
07/23/19
06:54
Hot Stocks
TransUnion says TransUnion Limited victim of criminal fraud »

"On July 12, 2019,…

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

  • 23

    Jul

  • 12

    Aug

LKSD

LSC Communications

$3.48

0.015 (0.43%)

06:54
07/23/19
07/23
06:54
07/23/19
06:54
Earnings
LSC Communications sees Q2 revenue $ $865M-$875M, consensus $881.33M »

Sees Q2 GAAP net loss 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

AN

AutoNation

$42.01

-0.045 (-0.11%)

06:53
07/23/19
07/23
06:53
07/23/19
06:53
Recommendations
AutoNation analyst commentary  »

AutoNation shares 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

  • 23

    Jul

  • 13

    Nov

TRU

TransUnion

$74.91

-0.14 (-0.19%)

06:53
07/23/19
07/23
06:53
07/23/19
06:53
Earnings
TransUnion sees Q3 adjusted EPS 69c-71c, consensus 69c »

Sees Q3 adjusted 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

  • 23

    Jul

  • 12

    Aug

MTG

MGIC Investment

$13.16

-0.12 (-0.90%)

06:52
07/23/19
07/23
06:52
07/23/19
06:52
Earnings
MGIC Investment reports Q2 EPS 46c, consensus 42c »

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

  • 23

    Jul

TRU

TransUnion

$74.91

-0.14 (-0.19%)

06:52
07/23/19
07/23
06:52
07/23/19
06:52
Earnings
TransUnion raises FY19 adjusted EPS view to $2.66-$2.69 from $2.60-$2.65 »

FY19 consensus $2.65. The…

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

  • 23

    Jul

  • 12

    Aug

DGX

Quest Diagnostics

$98.07

-1.175 (-1.18%)

06:51
07/23/19
07/23
06:51
07/23/19
06:51
Earnings
Quest Diagnostics backs FY19 adj. EPS view of greater than $6.40 »

Consensus $6.46. Backs…

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

  • 23

    Jul

  • 08

    Aug

  • 09

    Sep

HCAT

Health Catalyst

$0.00

(0.00%)

06:51
07/23/19
07/23
06:51
07/23/19
06:51
Syndicate
Health Catalyst raises IPO price range to $24.00-$25.00, increases shares »

The Health Catalyst IPO…

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

  • 23

    Jul

  • 24

    Jul

  • 25

    Jul

TRU

TransUnion

$74.91

-0.14 (-0.19%)

06:50
07/23/19
07/23
06:50
07/23/19
06:50
Earnings
TransUnion reports Q2 adjusted EPS 69c, consensus 65c »

Reports Q2 revenue $662M,…

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

  • 23

    Jul

  • 12

    Aug

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.