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SCS

Steelcase

$17.43

-0.21 (-1.19%)

06:03
07/17/19
07/17
06:03
07/17/19
06:03

Steelcase downgraded to Neutral from Buy at Seaport Global

Seaport Global analyst Matt McCall downgraded Steelcase to Neutral from Buy saying the near-to-intermediate term nonresidential backdrop "appears far less supportive." Several key leading macro indicators have "softened noticeably" in the past year, and the backdrop looks similar to the 2014-2015 period that preceded a precipitous drop in stock prices for nonresidential names, McCall tells investors in a research note. Further, Steelcase has the most difficult comps in the group in the year ahead, adds the analyst.

SCS Steelcase
$17.43

-0.21 (-1.19%)

10/12/18
GHSC
10/12/18
UPGRADE
Target $20
GHSC
Buy
Steelcase upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Matt McCall upgraded Steelcase to Buy from Neutral with a $20 price target citing cyclical, secular, and company specific opportunities. McCall said a "perfect storm" is setting-up from continued top-line momentum in commercial, minimal impact from tariffs and positive impact from the USMCA trade agreement, EMEA demand, several more quarters of easy comps, and reasonable valuation.
03/21/19
RAJA
03/21/19
UPGRADE
RAJA
Strong Buy
Steelcase upgraded to Strong Buy from Outperform at Raymond James
03/21/19
03/21/19
UPGRADE

Strong Buy
Steelcase upgraded to Strong Buy, shares 'on sale,' says Raymond James
As previously reported, Raymond James upgraded Steelcase to Strong Buy from Outperform and increased its price target to $21 from $20. Analyst Budd Bugatch said the 14% share drop yesterday following solid Q4 results is "puzzling" and said shares are "on sale."

TODAY'S FREE FLY STORIES

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General news
Asian Market Update: »

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U.S. CPI preview: analysts're forecasting a »

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01:30
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WSM

Williams-Sonoma

$70.48

-0.88 (-1.23%)

21:33
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21:33
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W

Wayfair

$84.57

1.28 (1.54%)

21:31
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    Dec

VFC

VF Corp.

$84.69

-1.7 (-1.97%)

21:28
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VF Corp. initiated at Barclays »

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URBN

Urban Outfitters

$30.85

0.295 (0.97%)

21:25
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Urban Outfitters initiated at Barclays »

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  • 19

    Nov

UAA

Under Armour

$17.29

-0.295 (-1.68%)

21:23
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21:23
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ULTA

Ulta Beauty

$244.06

2.19 (0.91%)

21:19
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Ulta Beauty initiated at Barclays »

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  • 05

    Dec

TJX

TJX

$58.40

-0.14 (-0.24%)

21:15
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  • 19

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TPR

Tapestry

$26.38

-0.295 (-1.11%)

21:12
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21:12
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21:12
Initiation
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  • 20

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AFL

Aflac

$53.97

-0.04 (-0.07%)

21:02
11/12/19
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21:02
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21:02
Hot Stocks
Aflac names Frederick Crawford new COO »

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ROST

Ross Stores

$110.97

-1.16 (-1.03%)

21:00
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21:00
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Initiation
Ross Stores initiated at Barclays »

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  • 21

    Nov

RL

Ralph Lauren

$111.44

-2.58 (-2.26%)

20:57
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20:57
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Initiation
Ralph Lauren initiated at Barclays »

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RH

RH

$174.48

-0.18 (-0.10%)

20:56
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20:56
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20:56
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RH initiated at Barclays »

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PVH

PVH Corp.

$96.91

0.14 (0.14%)

20:53
11/12/19
11/12
20:53
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20:53
Initiation
PVH Corp. initiated at Barclays »

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  • 26

    Nov

JWN

Nordstrom

$36.90

-0.52 (-1.39%)

20:51
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20:51
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20:51
Initiation
Nordstrom initiated at Barclays »

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  • 20

    Nov

NKE

Nike

$89.51

-0.52 (-0.58%)

20:46
11/12/19
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20:46
Initiation
Nike initiated at Barclays »

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EYE

National Vision

$27.03

0.24 (0.90%)

20:43
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LB

L Brands

$17.53

0.02 (0.11%)

20:40
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Initiation
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  • 21

    Nov

BABA

Alibaba

$186.97

0.26 (0.14%)

20:25
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Periodicals
Alibaba gets approval to sell shares in Hong Kong, SCMP reports »

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  • 19

    Nov

ENR

Energizer

$42.01

-1.1 (-2.55%)

, SPB

Spectrum Brands

$51.19

-0.76 (-1.46%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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ENR

Energizer

$42.01

-1.1 (-2.55%)

SPB

Spectrum Brands

$51.19

-0.76 (-1.46%)

SSYS

Stratasys

$20.74

0.04 (0.19%)

FVRR

Fiverr

$21.56

-0.47 (-2.13%)

MTOR

Meritor

$23.44

-0.25 (-1.06%)

03/08/13
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  • 13

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    Dec

DDOG

Datadog

$34.40

0.89 (2.66%)

20:02
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Hot Stocks
Datadog establishes Japanese subsidiary »

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  • 12

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    Nov

NKE

Nike

$89.51

-0.52 (-0.58%)

, AMZN

Amazon.com

$1,778.33

6.63 (0.37%)

19:40
11/12/19
11/12
19:40
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19:40
Periodicals
Nike says to end retail pilot project w/ Amazon.com but continue AWS partnership 

Report from Bloomberg.

NKE

Nike

$89.51

-0.52 (-0.58%)

AMZN

Amazon.com

$1,778.33

6.63 (0.37%)

03/08/13
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  • 13

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    Nov

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    Nov

HPE

HP Enterprise

$17.34

-0.11 (-0.63%)

, FJTSY

Fujitsu

$0.00

(0.00%)

19:34
11/12/19
11/12
19:34
11/12/19
19:34
Hot Stocks
HP Enterprise's Cray to partner with Fujitsu on 'supercomputer' technology »

Cray, a Hewlett Packard…

HPE

HP Enterprise

$17.34

-0.11 (-0.63%)

FJTSY

Fujitsu

$0.00

(0.00%)

03/08/13
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