Breaking News Instant updates and real-time market news.

PEB

Pebblebrook Hotel

$27.37

-0.195 (-0.71%)

, HLT

Hilton

$99.87

0.68 (0.69%)

06:27
07/17/19
07/17
06:27
07/17/19
06:27

Pebblebrook Hotel downgraded to Neutral from Buy at BofA/Merrill

BofA/Merrill analyst Shaun Kelley downgraded Pebblebrook Hotel (PEB) to Neutral from Buy and lowered his price target for the shares to $29 from $33. The analyst expects a more cautious tone from Lodging companies during the Q2 earnings reports, particularly on corporate demand. He thinks full year guidance cuts "are now on the table" and downgraded Pebblebrook to reflect greater uncertainty. He continues to favor asset-light C-corps like Hilton (HLT), Marriott (MAR) and Wyndham Hotels & Resorts (WH) over the "more cyclical" Lodging real estate investment trust.

PEB

Pebblebrook Hotel

$27.37

-0.195 (-0.71%)

HLT

Hilton

$99.87

0.68 (0.69%)

MAR

Marriott

$143.94

1.17 (0.82%)

WH

Wyndham Hotels & Resorts

$61.20

0.5 (0.82%)

  • 24

    Jul

  • 25

    Jul

  • 26

    Jul

  • 11

    Sep

  • 12

    Sep

PEB Pebblebrook Hotel
$27.37

-0.195 (-0.71%)

06/27/19
BTIG
06/27/19
NO CHANGE
Target $35
BTIG
Buy
Pebblebrook Hotel price target lowered to $35 from $42.50 at BTIG
BTIG analyst James Sullivan lowered his price target for Pebblebrook Hotel to $35 from $42.50 and maintained a Buy rating to reflect the compression in the market's expectations and valuations. From current valuation levels, Sullivan tells investors in a research note that he thinks the risk-reward has become very favorable. With industry forecasts for RevPAR growth trending lower over the next two years, Sullivan says it is unlikely that there will be a near-term recovery in relative valuations for the sector without firmer RevPAR results.
06/25/19
SOCO
06/25/19
INITIATION
Target $35
SOCO
Overweight
Pebblebrook Hotel initiated with an Overweight at Capital One
Capital One initiated Pebblebrook Hotel with an Overweight and $35 price target.
05/06/19
RHCO
05/06/19
INITIATION
Target $34
RHCO
Hold
Pebblebrook Hotel initiated with a Hold at SunTrust
SunTrust analyst Gregory Miller initiated Pebblebrook Hotel with a Hold rating and a price target of $34, saying he expects the REIT to generate "minimal" EBITDA growth and flattish margins through 2020 given the limited RevPAR growth and rising labor headwinds. The analyst anticipates "material" incremental EBITDA to come by 2021 from its its LaSalle Hotel Properties acquisition however and contends that the portfolio has "embedded value" that stands to be realized.
05/06/19
RHCO
05/06/19
INITIATION
RHCO
Hold
Pebblebrook Hotel initiated with a Hold at SunTrust
HLT Hilton
$99.87

0.68 (0.69%)

07/16/19
07/16/19
DOWNGRADE
Target $101

Hold
Hilton downgraded to Hold at SunTrust on slowing growth rates
As previously reported, SunTrust analyst C. Patrick Scholes downgraded Hilton to Hold from Buy with an unchanged price target of $101, saying that while the stock has outperformed since January with a nearly 50% run-up, he sees a "gradual deceleration" in RevPAR growth as indicated by his forward checks. The analyst also expects the percentage unit and EBITDA growth in 2020 to be similar to 2019, which he considers as positives.
07/15/19
07/15/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Deere (DE) upgraded to Buy from Neutral at BofA/Merrill. 2. Brinker (EAT) upgraded to Overweight from Neutral at JPMorgan with analyst John Ivankoe saying the stock has become more attractive after the 9.5% pullback following the company's fiscal Q3 results. 3. Hilton (HLT) upgraded to Neutral from Underperform at Longbow with analyst Alton Stump citing valuation. 4. Crocs (CROX) upgraded to Overweight from Neutral at Piper Jaffray with analyst Erinn Murphy saying channel checks suggest the company's outlets have been seeing "solid" traffic during the summer season while pricing appears to be better versus the April/May season. 5. Hillenbrand (HI) upgraded to Buy from Neutral at DA Davidson with analyst Matt Summerville saying he is positive on Hillenbrand's $2B acquisition of Milacron announced last week, calling the deal "transformational" toward becoming a more diversified global enterprise and sees a "significant cash accretion potential" from the transaction. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/16/19
RHCO
07/16/19
DOWNGRADE
RHCO
Hold
Hilton downgraded to Hold from Buy at SunTrust
07/15/19
LBOW
07/15/19
UPGRADE
LBOW
Neutral
Hilton upgraded to Neutral from Underperform at Longbow
Longbow analyst Alton Stump upgraded Hilton Worldwide to Neutral from Underperform citing valuation following the recent rally in the shares.
MAR Marriott
$143.94

1.17 (0.82%)

07/15/19
LBOW
07/15/19
DOWNGRADE
LBOW
Neutral
Marriott downgraded to Neutral from Buy at Longbow
Longbow analyst Alton Stump upgraded Marriott International to Neutral from Underperform citing valuation following the recent rally in the shares.
07/15/19
07/15/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Teva (TEVA) and Endo (ENDP) downgraded to Underweight from Equal Weight at Morgan Stanley. 2. Marriott (MAR) downgraded to Neutral from Buy at Longbow with analyst Alton Stump citing valuation. 3. General Electric (GE) downgraded to Neutral from Buy at UBS with analyst Damian Karas saying that a "notable" decline in interest rates and the continued weakness in the power market combine toward a "more balanced" upside with downside. 4. WageWorks (WAGE) downgraded to Hold from Buy at Stifel with analyst David Grossman saying he does not envision a competing takeover offer for the company. 5. L Brands (LB) downgraded to Neutral from Buy at Citi with analyst Paul Lejuez saying his former view on the stock was based on the belief that a Victoria's Secret turnaround could be successful if the brand adopted a more inclusive approach. However, with management slow to implement meaningful change, and "cultural norms shifting away from them," it may be "too little too late" for a meaningful turnaround at Victoria's Secret. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/09/19
JPMS
07/09/19
DOWNGRADE
JPMS
JPMorgan 'increasingly cautious' on Lodging, downgrades four names
JPMorgan analyst Joseph Greff is "increasingly cautious" on valuations in the Lodging space. Recent share performance, "peak" valuations, an extended cycle and decelerating industry trends all point to "diminished upside" from current share levels, Greff tells investors in a research note. On "more even" risk/reward profiles, the analyst downgraded both Marriott (MAR) and Hilton (HLT) to Neutral from Overweight. Greff also downgraded both Ryman Hospitality (RHP) and CorePoint Lodging (CPLG) to Underweight from Neutral as he sees more risk to the downside. The analyst's only remaining Overweight-rated names are Wyndham Hotels & Resorts (WH) and Extended Stay America (STAY).
07/09/19
07/09/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. 3M (MMM) downgraded to Sector Perform from Outperform at RBC Capital with analyst Deane Dray expecting the overhang on the shares from macro pressures and litigation to persist. 2. Marriott (MAR) and Hilton (HLT) downgraded to Neutral from Overweight at JPMorgan, while Ryman Hospitality (RHP) and CorePoint Lodging (CPLG) were downgraded to Underweight from Neutral. 3. Alcoa (AA) downgraded to Neutral from Outperform at Macquarie. 4. First Business Financial (FBIZ) downgraded to Neutral from Buy at DA Davidson with analyst Kevin Reevey saying the rating change is driven purely by the recent 33% advance in the stock price from its 52-week lows to within 6% of its 52-week highs. 5. Myriad Genetics (MYGN) downgraded to Market Perform from Outperform at Cowen with analyst Doug Schenkel citing a combination of lower overall conviction in Myriad and a less attractive relative valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
WH Wyndham Hotels & Resorts
$61.20

0.5 (0.82%)

06/12/19
06/12/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Johnson Controls (JCI) reinstated with an Equal Weight at Barclays. 2. Wyndham Hotels & Resorts (WH) initiated with a Buy at BofA/Merrill. 3. Misonix (MSON) initiated with a Buy at BTIG. 4. Avantor (AVTR) initiated with an Outperform at Raymond James. 5. Fastly (FSLY) initiated with a Neutral at Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/02/19
LEHM
07/02/19
INITIATION
Target $72
LEHM
Overweight
Wyndham Hotels & Resorts initiated with an Overweight at Barclays
Barclays analyst Anthony Powell started Wyndham Hotels & Resorts with an Overweight rating and $72 price target. The analyst views Wyndham as a leading franchisor in the global midscale/economy lodging segment with an "appealing" business model. Despite improving growth metrics and a broad acquisition opportunity set, the shares at a "material valuation discount" to peers, Powell tells investors in a research note.
07/02/19
07/02/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Veru (VERU) initiated with an Overweight at Cantor Fitzgerald. 2. Uber (UBER) initiated with a Hold at Stifel. 3. Wyndham Hotels & Resorts (WH) initiated with an Overweight at Barclays. 4. Veracyte (VCYT) initiated with a Buy at Needham. 5. Paysign (PAYS) initiated with a Buy at Canaccord. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

UVXY

ProShares Trust Ultra VIX Short Term Futures ETF

$31.70

-2.48 (-7.26%)

09:47
08/19/19
08/19
09:47
08/19/19
09:47
Hot Stocks
ProShares Trust Ultra VIX Short Term Futures ETF falls -7.2% »

ProShares Trust Ultra VIX…

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

JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$71.82

-6.26 (-8.02%)

09:47
08/19/19
08/19
09:47
08/19/19
09:47
Hot Stocks
Direxion Daily Jr Gld Mnrs Bull 3X Shrs falls -7.9% »

Direxion Daily Jr Gld…

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

PCG

PG&E

$10.40

-3.9 (-27.27%)

09:47
08/19/19
08/19
09:47
08/19/19
09:47
Hot Stocks
PG&E falls -27.3% »

PG&E is down -27.3%,…

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

EL

Estee Lauder

$198.05

18.785 (10.48%)

09:47
08/19/19
08/19
09:47
08/19/19
09:47
Hot Stocks
Estee Lauder rises 10.4% »

Estee Lauder is up 10.4%,…

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

  • 19

    Aug

TGNA

Tegna

$16.42

1.34 (8.89%)

09:47
08/19/19
08/19
09:47
08/19/19
09:47
Hot Stocks
Tegna rises 9.4% »

Tegna is up 9.4%, or…

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

  • 05

    Sep

ARMK

Aramark

$41.24

4.17 (11.25%)

09:47
08/19/19
08/19
09:47
08/19/19
09:47
Hot Stocks
Aramark rises 11.2% »

Aramark is up 11.2%, or…

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

PCG

PG&E

$14.30

(0.00%)

09:43
08/19/19
08/19
09:43
08/19/19
09:43
Downgrade
PG&E rating change  »

PG&E 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

WB

Weibo

$37.05

(0.00%)

, IQ

iQIYI

$17.08

(0.00%)

09:40
08/19/19
08/19
09:40
08/19/19
09:40
Options
Unusually active option classes on open August 19th »

Unusual total active…

WB

Weibo

$37.05

(0.00%)

IQ

iQIYI

$17.08

(0.00%)

LYFT

Lyft

$52.37

(0.00%)

XLU

Utilities SPDR

$61.35

(0.00%)

UAL

United Continental

$82.96

(0.00%)

WYNN

Wynn Resorts

$105.58

(0.00%)

EA

Electronic Arts

$89.56

(0.00%)

DB

Deutsche Bank

$6.95

(0.00%)

NVDA

Nvidia

$159.48

(0.00%)

MSFT

Microsoft

$136.13

(0.00%)

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

  • 19

    Aug

  • 19

    Aug

  • 19

    Aug

  • 20

    Aug

  • 04

    Sep

  • 04

    Sep

  • 05

    Sep

  • 09

    Sep

  • 10

    Sep

  • 23

    Sep

  • 27

    Oct

  • 13

    Nov

OMCL

Omnicell

$70.48

0.475 (0.68%)

09:38
08/19/19
08/19
09:38
08/19/19
09:38
Conference/Events
Omnicell management to meet with Benchmark »

Meeting to be held 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

  • 05

    Sep

CHU

China Unicom

$9.93

0.155 (1.59%)

09:35
08/19/19
08/19
09:35
08/19/19
09:35
Downgrade
China Unicom rating change  »

China Unicom downgraded…

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

09:35
08/19/19
08/19
09:35
08/19/19
09:35
General news
FX Action: USD-CAD »

FX Action: USD-CAD pulled…

REDU

Rise Education

$7.88

-0.13 (-1.62%)

09:34
08/19/19
08/19
09:34
08/19/19
09:34
Downgrade
Rise Education rating change  »

Rise Education downgraded…

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

TGNA

Tegna

$15.08

1.465 (10.76%)

09:31
08/19/19
08/19
09:31
08/19/19
09:31
Upgrade
Tegna rating change  »

Tegna upgraded 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

  • 05

    Sep

CLNC

Colony Credit Real Estate

$13.04

0.165 (1.28%)

09:31
08/19/19
08/19
09:31
08/19/19
09:31
Recommendations
Colony Credit Real Estate analyst commentary  »

Colony Credit Real Estate…

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

ZS

Zscaler

$80.84

1.67 (2.11%)

09:30
08/19/19
08/19
09:30
08/19/19
09:30
Downgrade
Zscaler rating change  »

Zscaler 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

  • 10

    Sep

  • 10

    Oct

  • 15

    Oct

LGF.A

Lionsgate

$11.06

0.02 (0.18%)

, LGF.B

Lionsgate

$10.52

0.01 (0.10%)

09:30
08/19/19
08/19
09:30
08/19/19
09:30
Upgrade
Lionsgate, Lionsgate rating change  »

Lionsgate upgraded to…

LGF.A

Lionsgate

$11.06

0.02 (0.18%)

LGF.B

Lionsgate

$10.52

0.01 (0.10%)

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

PANW

Palo Alto Networks

$199.26

-15.5 (-7.22%)

09:29
08/19/19
08/19
09:29
08/19/19
09:29
Recommendations
Palo Alto Networks analyst commentary  »

Palo Alto Networks…

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

  • 10

    Sep

  • 10

    Oct

  • 15

    Oct

PULM

Pulmatrix

$0.82

0.0076 (0.94%)

09:28
08/19/19
08/19
09:28
08/19/19
09:28
Hot Stocks
Pulmatrix receives U.S. patent covering iSPERSE formulations »

Pulmatrix has received 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

  • 06

    Sep

MMSI

Merit Medical

$36.17

-0.67 (-1.82%)

09:27
08/19/19
08/19
09:27
08/19/19
09:27
Hot Stocks
Merit Medical appoints Lynne Ward to board of directors »

Merit Medical Systems…

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

  • 05

    Sep

VMW

VMware

$143.67

1.13 (0.79%)

, AMZN

Amazon.com

$1,791.82

16.72 (0.94%)

09:27
08/19/19
08/19
09:27
08/19/19
09:27
Recommendations
VMware, Amazon.com, Microsoft analyst commentary  »

VMware to deliver…

VMW

VMware

$143.67

1.13 (0.79%)

AMZN

Amazon.com

$1,791.82

16.72 (0.94%)

MSFT

Microsoft

$136.13

2.39 (1.79%)

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

  • 04

    Sep

  • 10

    Sep

  • 10

    Oct

  • 27

    Oct

VCEL

Vericel

$16.31

0.705 (4.52%)

09:25
08/19/19
08/19
09:25
08/19/19
09:25
Conference/Events
Vericel participates in a conference call with SVB Leerink »

SVB Leerink to host 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

  • 19

    Aug

RNVA

Rennova Health

$0.00

(0.00%)

09:22
08/19/19
08/19
09:22
08/19/19
09:22
Hot Stocks
Rennova receives CMS notice on change in ownership for Jellico Medical Center »

Rennova Health announced…

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

PANW

Palo Alto Networks

$199.26

-15.5 (-7.22%)

09:20
08/19/19
08/19
09:20
08/19/19
09:20
Recommendations
Palo Alto Networks analyst commentary  »

Palo Alto Networks…

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

  • 10

    Sep

  • 10

    Oct

  • 15

    Oct

HZNP

Horizon Pharma

$27.00

0.17 (0.63%)

09:19
08/19/19
08/19
09:19
08/19/19
09:19
Hot Stocks
AJO review says Horizon Pharma's teprotumumab could potentially treat TED »

An evaluation of 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

  • 09

    Sep

  • 18

    Sep

NXRT

NexPoint Residential

$44.85

0.9 (2.05%)

09:19
08/19/19
08/19
09:19
08/19/19
09:19
Recommendations
NexPoint Residential analyst commentary  »

NexPoint Residential…

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

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.