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HI

Hillenbrand

$38.83

-0.46 (-1.17%)

, MCRN

Milacron

$13.54

-0.395 (-2.84%)

07:04
07/12/19
07/12
07:04
07/12/19
07:04

Hillenbrand to acquire Milacron in cash, stock transaction valued at about $2B

HI

Hillenbrand

$38.83

-0.46 (-1.17%)

MCRN

Milacron

$13.54

-0.395 (-2.84%)

HI Hillenbrand
$38.83

-0.46 (-1.17%)

05/16/19
05/16/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Jefferies starts 'underappreciated' Par Technology (PAR) with Buy rating. 2. Ichor Holdings (ICHR) initiated with a Buy at B. Riley FBR. 3. T2 Biosystems (TTOO) initiated with a Buy at Alliance Global Partners. 4. CV Sciences (CVSI) initiated with a Buy at Roth Capital. 5. Hillenbrand (HI) initiated with a Buy at Buckingham. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
05/20/19
DADA
05/20/19
INITIATION
Target $43
DADA
Neutral
Hillenbrand initiated with a Neutral at DA Davidson
DA Davidson initiated Hillenbrand with a Neutral and $43 price target.
05/21/19
05/21/19
INITIATION
Target $43

Neutral
Hillenbrand initiated with a Neutral at DA Davidson
As previously reported, DA Davidson analyst Matt Summerville initiated Hillenbrand with a Neutral rating and a price target of $43. The analyst notes that the all-time record backlog in the company's Process Equipment Group segment supports its mid-single-digit organic growth, with "large plastics projects" as well as high win rates and share gains, but sees its Batesville segment facing "long-term secular challenges" with volume erosion driven margin pressure. While Summerville remains positive on Hillenbrand's "healthy" balance sheet and M&A appetite, he warns that the company's Batesville segment may see low-single-digit organic sales decline in each year of his outlook.
05/21/19
05/21/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Uber (UBER) initiated with an Equal Weight at Consumer Edge and a Neutral at Susquehanna. 2. Incyte (INCY) initiated with a Neutral at Credit Suisse. 3. Hillenbrand (HI) initiated with a Neutral at DA Davidson. 4. Target Hospitality (TH) initiated with a Buy at Deutsche Bank. 5. Jack in the Box (JACK) reinstated with an Equal Weight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
MCRN Milacron
$13.54

-0.395 (-2.84%)

04/02/19
BARD
04/02/19
NO CHANGE
Target $21
BARD
Outperform
China data, plastics trends positive indicators for Milacron, says Baird
Baird analyst Michael Halloran noted that China's core PMI improved sequentially for the second consecutive month in March and that February's Plastics Processors Index remained in expansionary territory. Taking both data points together gives him incremental confidence that Milacron's underlying estimates are achievable in 2019, Halloran tells investors. The analyst, who thinks Milacron's core franchise value is underappreciated, keeps an Outperform rating and $21 price target on the shares.
04/17/19
KEYB
04/17/19
NO CHANGE
KEYB
Ametek, ITT among top potential acquirers in industrial space, says KeyBanc
KeyBanc analysts Jeff Hammond and Steve Barger think moderating organic growth expectations in 2019 due to tough year over year comps may drive industrials to increasingly look toward inorganic avenues for market outgrowth, or to potentially divest businesses to right-size portfolios. The analysts view Ametek (AME), ITT (ITT), Graco (GGG), and Timken (TKR) as the top potential acquirers, and think Actuant (ATU), Colfax (CFX), Eaton (ETN), Kaman (KAMN), NN, Inc. (NNBR), and Milacron (MCRN) could benefit most from a strategic divestiture.

TODAY'S FREE FLY STORIES

YTRA

Yatra

$4.30

-0.09 (-2.05%)

, EBIX

Ebix

$44.56

-0.271 (-0.60%)

07:25
07/19/19
07/19
07:25
07/19/19
07:25
Conference/Events
Yatra and Ebix to hold a joint conference call »

Yatra and Ebix discuss…

YTRA

Yatra

$4.30

-0.09 (-2.05%)

EBIX

Ebix

$44.56

-0.271 (-0.60%)

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  • 19

    Jul

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    Jul

CLNE

Clean Energy

$2.71

0.05 (1.88%)

07:24
07/19/19
07/19
07:24
07/19/19
07:24
Conference/Events
Clean Energy management to meet with Craig-Hallum »

Meeting to be held in…

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  • 24

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AA

Alcoa

$23.42

0.27 (1.17%)

07:23
07/19/19
07/19
07:23
07/19/19
07:23
Downgrade
Alcoa rating change  »

Alcoa downgraded to Hold…

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  • 16

    Oct

AUY

Yamana Gold

$2.87

0.13 (4.74%)

, GLNCY

Glencore

$0.00

(0.00%)

07:22
07/19/19
07/19
07:22
07/19/19
07:22
Hot Stocks
Yamana Gold announces results of pre-feasibility study on Agua Rica project »

YAMANA GOLD (AUY)…

AUY

Yamana Gold

$2.87

0.13 (4.74%)

GLNCY

Glencore

$0.00

(0.00%)

NEM

Newmont Goldcorp

$39.70

0.63 (1.61%)

03/08/13
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  • 25

    Jul

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    Jul

BCPC

Balchem

$98.76

0.04 (0.04%)

07:22
07/19/19
07/19
07:22
07/19/19
07:22
Conference/Events
Balchem management to meet with Seaport Global »

Meeting to be held in…

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  • 24

    Jul

  • 01

    Aug

AGLE

Aeglea BioTherapeutics

$7.01

-0.14 (-1.96%)

07:20
07/19/19
07/19
07:20
07/19/19
07:20
Conference/Events
Aeglea BioTherapeutics management to meet with Needham »

Meetings to be held in…

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  • 24

    Jul

  • 25

    Jul

BA

Boeing

$361.17

-8.28 (-2.24%)

, SPR

Spirit AeroSystems

$73.37

-1.555 (-2.08%)

07:20
07/19/19
07/19
07:20
07/19/19
07:20
Recommendations
Boeing, Spirit AeroSystems analyst commentary  »

Boeing charge…

BA

Boeing

$361.17

-8.28 (-2.24%)

SPR

Spirit AeroSystems

$73.37

-1.555 (-2.08%)

03/08/13
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03/06/13
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  • 24

    Jul

  • 31

    Jul

MIK

Michaels

$8.37

-0.53 (-5.96%)

07:19
07/19/19
07/19
07:19
07/19/19
07:19
Downgrade
Michaels rating change  »

Michaels downgraded to…

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  • 25

    Sep

DHR

Danaher

$143.03

3.43 (2.46%)

07:19
07/19/19
07/19
07:19
07/19/19
07:19
Recommendations
Danaher analyst commentary  »

Danaher price target…

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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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  • 07

    Nov

ADAP

Adaptimmune

$3.43

0.1 (3.00%)

07:15
07/19/19
07/19
07:15
07/19/19
07:15
Conference/Events
Adaptimmunemanagement to meet with Piper Jaffray »

Meeting to be held in the…

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

  • 29

    Jul

  • 29

    Jul

  • 30

    Jul

  • 31

    Jul

HQY

HealthEquity

$76.39

0.96 (1.27%)

, WAGE

WageWorks

$50.79

-0.01 (-0.02%)

07:14
07/19/19
07/19
07:14
07/19/19
07:14
Upgrade
HealthEquity, WageWorks rating change  »

BofA sees 'too many…

HQY

HealthEquity

$76.39

0.96 (1.27%)

WAGE

WageWorks

$50.79

-0.01 (-0.02%)

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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ATHM

Autohome

$82.03

-0.91 (-1.10%)

07:12
07/19/19
07/19
07:12
07/19/19
07:12
Downgrade
Autohome rating change  »

Benchmark downgrades…

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CLF

Cleveland-Cliffs

$10.88

-0.11 (-1.00%)

07:12
07/19/19
07/19
07:12
07/19/19
07:12
Hot Stocks
Cleveland-Cliffs expects to reach commercial production at Toledo HBI in 1H20 »

Cliffs now expects to…

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  • 19

    Jul

  • 06

    Aug

ATRA

Atara Biotherapeutics

$15.27

0.25 (1.66%)

07:10
07/19/19
07/19
07:10
07/19/19
07:10
Syndicate
Atara Biotherapeutics 6.87M share Spot Secondary priced at $15.28 »

Citi, Goldman Sachs and…

03/08/13
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DFS

Discover

$81.65

1.62 (2.02%)

07:10
07/19/19
07/19
07:10
07/19/19
07:10
Hot Stocks
Discover names Jennifer Wong to board »

Discover announced that…

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  • 23

    Jul

  • 13

    Nov

CLF

Cleveland-Cliffs

$10.88

-0.11 (-1.00%)

07:10
07/19/19
07/19
07:10
07/19/19
07:10
Hot Stocks
Cleveland-Cliffs backs FY19 sales volume guidance of 20M long tons »

Backs FY19 production…

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  • 19

    Jul

  • 06

    Aug

GRUB

GrubHub

$74.90

0.17 (0.23%)

07:09
07/19/19
07/19
07:09
07/19/19
07:09
Initiation
GrubHub initiated  »

GrubHub initiated with a…

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  • 30

    Jul

  • 06

    Aug

07:05
07/19/19
07/19
07:05
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07:05
General news
FX Update: The dollar settled at firmer levels »

FX Update: The dollar…

ISRG

Intuitive Surgical

$536.44

13.25 (2.53%)

07:04
07/19/19
07/19
07:04
07/19/19
07:04
Recommendations
Intuitive Surgical analyst commentary  »

Intuitive Surgical price…

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  • 26

    Aug

  • 09

    Sep

IBKC

Iberiabank

$75.24

0.8 (1.07%)

07:04
07/19/19
07/19
07:04
07/19/19
07:04
Earnings
Iberiabank reports Q2 non-GAAP EPS $1.87, consensus $1.82 »

Reports Q2 revenue…

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  • 19

    Jul

  • 23

    Sep

CLF

Cleveland-Cliffs

$10.88

-0.11 (-1.00%)

07:04
07/19/19
07/19
07:04
07/19/19
07:04
Hot Stocks
Cleveland-Cliffs reports Q2 sales volume 6.2M long tons »

Reports Q2 production…

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  • 19

    Jul

  • 06

    Aug

SLB

Schlumberger

$38.78

0.15 (0.39%)

07:04
07/19/19
07/19
07:04
07/19/19
07:04
Earnings
Schlumberger reports Q2 ex-items EPS 35c, consensus 35c »

Reports Q2 revenue…

03/08/13
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  • 19

    Jul

  • 27

    Aug

  • 13

    Nov

HALO

Halozyme

$16.79

0.03 (0.18%)

, JNJ

Johnson & Johnson

$132.03

0.21 (0.16%)

07:02
07/19/19
07/19
07:02
07/19/19
07:02
Hot Stocks
Halozyme: Janssen submits extension application to EMA for DARZALEX »

Halozyme (HALO) announced…

HALO

Halozyme

$16.79

0.03 (0.18%)

JNJ

Johnson & Johnson

$132.03

0.21 (0.16%)

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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  • 09

    Sep

  • 16

    Sep

  • 15

    Oct

CLF

Cleveland-Cliffs

$10.88

-0.11 (-1.00%)

07:02
07/19/19
07/19
07:02
07/19/19
07:02
Earnings
Cleveland-Cliffs reports Q2 EPS 57c, consensus 52c »

Reports Q2 revenue $743M,…

03/08/13
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03/06/13
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03/06/13
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  • 19

    Jul

  • 06

    Aug

KBR

KBR

$25.28

0.36 (1.44%)

07:01
07/19/19
07/19
07:01
07/19/19
07:01
Upgrade
KBR rating change  »

KBR upgraded to…

03/08/13
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  • 06

    Aug

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