Breaking News Instant updates and real-time market news.

COP

ConocoPhillips

$59.74

-0.91 (-1.50%)

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

ConocoPhillips upgraded to Buy from Neutral at BofA/Merrill

BofA/Merrill analyst Doug Leggate upgraded ConocoPhillips to Buy and raised his price target to $75 from $65. The analyst states that the company's portfolio is "exposed to all the good bits" with 75% exposure to Brent while avoiding the "worst of onshore price dislocations". Leggate further cites his expectation of ConocoPhillips potentially paying out a special dividend given its "pristine balance sheet" and the possibility of having about $10B in cash on hand by the end of the year, expecting investors to show interest going into the company's November analyst day since the stock price has not outperformed its peers.

  • 30

    Jul

COP ConocoPhillips
$59.74

-0.91 (-1.50%)

05/01/19
05/01/19
UPGRADE
Target $75

Outperform
ConocoPhillips upgraded to Outperform post de-rating at Credit Suisse
As previously reported, Credit Suisse analyst William Featherston upgraded ConocoPhillips to Outperform from Neutral, with a $75 price target. The analyst notes that the stock has underperformed peers by about 30% year to date, driven by the unwind of winners from last year that occurred in January/February, and concern it makes a large, corporate acquisition. However, Featherston thinks concerns are overdone.
05/01/19
05/01/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. ConocoPhillips (COP) upgraded to Outperform from Neutral at Credit Suisse with analyst William Featherston saying the stock has underperformed peers by about 30% year to date, driven by the unwind of winners from last year that occurred in January/February, and concern it makes a large, corporate acquisition. However, Featherston thinks concerns are overdone. 2. Lumber Liquidators (LL) upgraded to Outperform from Market Perform at Raymond James with analyst Budd Bugatch saying most reputational and legal issues are behind the company and financial performance is more "stable." 3. Seagate (STX) was upgraded to Buy from Hold at Benchmark and to Buy from Hold at Craig-Hallum. 4. Corning (GLW) upgraded to Buy from Neutral at BofA/Merrill with analyst Wamsi Mohan saying the pullback in shares provides a buying opportunity. 5. Ingersoll-Rand (IR) upgraded to Buy from Hold at Deutsche Bank with analyst Nicole DeBlase saying the deal combining Gardner Denver with Ingersoll-Rand's Industrial segment makes strategic sense and creates clear cost synergy opportunities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/26/19
MZHO
06/26/19
UPGRADE
Target $80
MZHO
Buy
ConocoPhillips upgraded to Buy from Neutral at Mizuho
Mizuho analyst Paul Sankey upgraded ConocoPhillips to Buy from Neutral as he sees the company being among the best-positioned for the "new E&P model" after having taken major steps to improve unit cash margins via divestitures and liquids-led unconventional growth while reducing fixed cost burdens by undertaking major debt reduction and share buybacks. The analyst, who sees the company's cash return message becoming more dividend-focused, raised his price target on ConocoPhillips shares to $80 from $74.
06/26/19
06/26/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. ConocoPhillips (COP) upgraded to Buy from Neutral at Mizuho with analyst Paul Sankey saying he sees the company being among the best-positioned for the "new E&P model" after having taken major steps to improve unit cash margins via divestitures and liquids-led unconventional growth while reducing fixed cost burdens by undertaking major debt reduction and share buybacks. 2. Micron (MU) upgraded to Buy from Hold at Needham with analyst Rajvindra Gill saying that with an improved DRAM outlook for the second half of 2019, significant CapEx cuts coming in fiscal 2020, and a stabilizing book value per share of $31.89, he believes believe there is limited downside risk over the next 6-12 months. 3. AbbVie (ABBV) upgraded to Outperform from Market Perform at SVB Leerink with analyst Geoffrey Porges citing the "surprise" Allergan (AGN) acquisition announcement, and the stock's 16%-plus selloff intraday. 4. Upwork (UPWK) upgraded to Buy from Hold at Jefferies with analyst Brent Thill citing the stock's 17% year-to-date decline, which he believes has improved the risk/reward balance for the stock. 5. Western Digital (WDC) upgraded to Buy from Hold at Craig-Hallum with analyst Christian Schwab citing Micron's (MU) positive commentary and announced steps targeting supply growth discipline. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

LYFT

Lyft

$52.22

-0.15 (-0.29%)

, GOOG

Alphabet

$1,197.73

20.79 (1.77%)

10:05
08/19/19
08/19
10:05
08/19/19
10:05
On The Fly
Lyft rises as lock-up period following IPO ends »

Shares of Lyft (LYFT) are…

LYFT

Lyft

$52.22

-0.15 (-0.29%)

GOOG

Alphabet

$1,197.73

20.79 (1.77%)

GOOGL

Alphabet Class A

$1,199.00

20.31 (1.72%)

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

  • 24

    Sep

  • 27

    Oct

SE

Sea Limited

$36.60

1.17 (3.30%)

10:05
08/19/19
08/19
10:05
08/19/19
10:05
Options
Sea Limited call volume above normal and directionally bullish »

Bullish option flow…

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

  • 20

    Aug

BMA

Banco Macro

$35.45

-2.83 (-7.39%)

10:00
08/19/19
08/19
10:00
08/19/19
10:00
Hot Stocks
Banco Macro falls -7.4% »

Banco Macro is down…

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

$71.80

-6.28 (-8.04%)

10:00
08/19/19
08/19
10:00
08/19/19
10:00
Hot Stocks
Direxion Daily Jr Gld Mnrs Bull 3X Shrs falls -8.2% »

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

$10.80

-3.5 (-24.48%)

10:00
08/19/19
08/19
10:00
08/19/19
10:00
Hot Stocks
PG&E falls -24.4% »

PG&E is down -24.4%,…

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

UNT

Unit Corp.

$3.58

0.35 (10.84%)

10:00
08/19/19
08/19
10:00
08/19/19
10:00
Hot Stocks
Unit Corp. rises 9.7% »

Unit Corp. is up 9.7%, 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

  • 13

    Nov

BE

Bloom Energy

$5.61

0.5 (9.78%)

10:00
08/19/19
08/19
10:00
08/19/19
10:00
Hot Stocks
Bloom Energy rises 9.9% »

Bloom Energy is up 9.9%,…

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

ARMK

Aramark

$40.78

3.71 (10.01%)

10:00
08/19/19
08/19
10:00
08/19/19
10:00
Hot Stocks
Aramark rises 9.9% »

Aramark is up 9.9%, 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

QSR

Restaurant Brands

$74.89

0.36 (0.48%)

09:56
08/19/19
08/19
09:56
08/19/19
09:56
Recommendations
Restaurant Brands analyst commentary  »

SSS at Restaurant…

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

$15.70

0.62 (4.11%)

, APO

Apollo Global

$34.18

2.15 (6.71%)

09:56
08/19/19
08/19
09:56
08/19/19
09:56
Hot Stocks
Tegna jumps after report of Apollo deal interest »

Shares of Tegna (TGNA)…

TGNA

Tegna

$15.70

0.62 (4.11%)

APO

Apollo Global

$34.18

2.15 (6.71%)

NXST

Nexstar

$96.12

2.07 (2.20%)

TRCO

Tribune Media

$46.48

(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

  • 05

    Sep

  • 23

    Sep

  • 13

    Nov

EL

Estee Lauder

$193.74

14.48 (8.08%)

, DO

Diamond Offshore

$6.19

0.365 (6.27%)

09:55
08/19/19
08/19
09:55
08/19/19
09:55
Options
Early notable gainers among liquid option names on August 19th »

Notable gainers among…

EL

Estee Lauder

$193.74

14.48 (8.08%)

DO

Diamond Offshore

$6.19

0.365 (6.27%)

NVDA

Nvidia

$166.49

7.01 (4.40%)

WYNN

Wynn Resorts

$109.82

4.24 (4.02%)

TGNA

Tegna

$15.61

0.53 (3.51%)

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

  • 20

    Aug

  • 27

    Aug

  • 05

    Sep

  • 09

    Sep

  • 23

    Sep

PCG

PG&E

$11.12

-3.18 (-22.24%)

09:52
08/19/19
08/19
09:52
08/19/19
09:52
Downgrade
PG&E rating change  »

Citi double downgrades…

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

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 at Citi »

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 at New Street »

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 at Morgan Stanley »

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 at Wolfe Research »

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

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.