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BAC

Bank of America

$28.99

-0.23 (-0.79%)

06:51
07/17/19
07/17
06:51
07/17/19
06:51

BofA CEO sees steadily growing U.S. economy, 'solid' consumer activity

  • 17

    Jul

  • 06

    Aug

  • 06

    Sep

BAC Bank of America
$28.99

-0.23 (-0.79%)

06/17/19
BMOC
06/17/19
UPGRADE
BMOC
Outperform
Bank of America upgraded to Outperform from Market Perform at BMO Capital
06/17/19
BMOC
06/17/19
UPGRADE
Target $37
BMOC
Outperform
BMO upgrades Bank of America to Outperform, sees 34% return potential
BMO Capital analyst James Fotheringham upgraded Bank of America to Outperform from Market Perform with an unchanged price target of $37. The stock closed Monday down 11c to $27.93. The analyst expects upward consensus estimates revisions and a "multiple re-rating" to drive 34% total return in the shares. Bank of America's current valuation multiple is 15% below its long-term average, Fotheringham tells investors in a research note. Further, even if the Federal Reserve cuts rates, positive earnings revisions from better fees, tax rates, provisions and buybacks should "more than offset" any related net interest margin dilution, contends the analyst.
06/18/19
06/18/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Bank of America (BAC) upgraded to Outperform from Market Perform at BMO Capital with analyst James Fotheringham expecting upward consensus estimates revisions and a "multiple re-rating" to drive 34% total return in the shares. 2. SunPower (SPWR), SunRun (RUN) upgraded to Buy from Neutral as SolarEdge (SEDG) upgraded to Neutral from Sell at Goldman Sachs with analyst Brian Lee anticipating "volume tailwinds" in the second half of 2019 given the recent signs of strength in the sector's financing environment. 3. CNH Industrial (CNHI) upgraded to Hold from Sell at Deutsche Bank with analyst Chad Dillard saying he's turning positive on North America large agriculture. 4. U.S. Cellular (USM), Telephone and Data (TDS) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Simon Flannery stating that he sees both stocks as "very attractively valued" with each down over 20% from their recent peak levels. 5. Prosperity Bancshares (PB) upgraded to Market Perform from Underperform at Raymond James with analyst Michael Rose saying the LegacyTexas Financial (LTXB) transaction provides meaningful scale in some of the most attractive markets in the country. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/28/19
WELS
06/28/19
NO CHANGE
WELS
Market Perform
Impacts of Bank of America decision manageable for First Data, says Wells Fargo
Wells Fargo analyst Timothy Willi sees three potential outcomes as Bank of America (BAC) reportedly weighs the exit of its joint venture with First Data (FDC). The joint venture can be dissolved, the terms can be renegotiated more favorably for Bank of America, and/or Bank of America can acquire an increased ownership of the venture, Willi tells investors in a research note. The current agreement ends in June 2020 and any party wishing to terminate must give one year notice, the analyst adds. While he believes that each of these scenarios could be an incremental negative for First Data, the analyst thinks the impacts are either "manageable or immaterial" in the context of a combined Fiserv (FISV), First Data. Willi has a Market Perform rating on First Data.

TODAY'S FREE FLY STORIES

TCEHY

Tencent

$0.00

(0.00%)

11:18
10/16/19
10/16
11:18
10/16/19
11:18
Periodicals
'League of Legends' coming to consoles, mobile devices, Kotaku says »

Riot Games'…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
10/16/19
10/16
11:17
10/16/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
10/16/19
10/16
11:16
10/16/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
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03/08/13
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IRBT

iRobot

$58.99

1.2 (2.08%)

11:15
10/16/19
10/16
11:15
10/16/19
11:15
Options
iRobot put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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  • 23

    Oct

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    Nov

CSCO

Cisco

$46.53

0.16 (0.35%)

11:05
10/16/19
10/16
11:05
10/16/19
11:05
Options
Cisco call volume above normal and directionally bullish »

Bullish option flow…

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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  • 13

    Nov

TMUS

T-Mobile

$79.88

0.13 (0.16%)

, S

Sprint

$6.46

-0.02 (-0.31%)

10:51
10/16/19
10/16
10:51
10/16/19
10:51
Hot Stocks
FCC commissioner Rosenworcel says T-Mobile, Sprint deal will raise prices »

Federal Communications…

TMUS

T-Mobile

$79.88

0.13 (0.16%)

S

Sprint

$6.46

-0.02 (-0.31%)

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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  • 22

    Oct

SIG

Signet Jewelers

$15.36

-0.39 (-2.48%)

10:50
10/16/19
10/16
10:50
10/16/19
10:50
Options
Call volume in Signet Jewelers spikes on large 3-way adjusting long »

Call volume in Signet…

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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UAL

United Airlines

$89.13

1.23 (1.40%)

10:50
10/16/19
10/16
10:50
10/16/19
10:50
Hot Stocks
United Airlines sees potential for higher fares over holidays »

Management says all hubs…

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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  • 16

    Oct

  • 12

    Nov

INCY

Incyte

$78.05

-0.47 (-0.60%)

10:47
10/16/19
10/16
10:47
10/16/19
10:47
Recommendations
Incyte analyst commentary  »

Incyte REACH2 'a…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 29

    Oct

  • 06

    Nov

PNC

PNC Financial

$143.07

3.51 (2.52%)

10:47
10/16/19
10/16
10:47
10/16/19
10:47
Hot Stocks
Breaking Hot Stocks news story on PNC Financial »

PNC Financial says still…

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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  • 16

    Oct

  • 16

    Oct

  • 16

    Oct

PNC

PNC Financial

$143.11

3.55 (2.54%)

10:45
10/16/19
10/16
10:45
10/16/19
10:45
Hot Stocks
Breaking Hot Stocks news story on PNC Financial »

PNC Financial sees one…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 16

    Oct

  • 16

    Oct

  • 16

    Oct

PNC

PNC Financial

$143.11

3.55 (2.54%)

10:45
10/16/19
10/16
10:45
10/16/19
10:45
Hot Stocks
Breaking Hot Stocks news story on PNC Financial »

PNC Financial sees…

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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  • 16

    Oct

  • 16

    Oct

  • 16

    Oct

UAL

United Airlines

$89.05

1.15 (1.31%)

, BA

Boeing

$370.43

-0.56 (-0.15%)

10:43
10/16/19
10/16
10:43
10/16/19
10:43
Hot Stocks
Breaking Hot Stocks news story on United Airlines, Boeing »

United Airlines says…

UAL

United Airlines

$89.05

1.15 (1.31%)

BA

Boeing

$370.43

-0.56 (-0.15%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 16

    Oct

  • 23

    Oct

  • 12

    Nov

PNC

PNC Financial

$143.12

3.56 (2.55%)

10:43
10/16/19
10/16
10:43
10/16/19
10:43
Hot Stocks
Breaking Hot Stocks news story on PNC Financial »

PNC Financial says on…

03/08/13
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03/08/13
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03/06/13
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  • 16

    Oct

  • 16

    Oct

  • 16

    Oct

UAL

United Airlines

$88.99

1.09 (1.24%)

10:42
10/16/19
10/16
10:42
10/16/19
10:42
Hot Stocks
United Airlines plans to increase aircraft size to help with costs »

Comments provided during…

03/08/13
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03/06/13
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03/06/13
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  • 16

    Oct

  • 12

    Nov

CBRE

CBRE Group

$52.66

0.19 (0.36%)

10:40
10/16/19
10/16
10:40
10/16/19
10:40
Options
Size put roll is legged in CBRE Group »

Size put roll is legged…

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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  • 06

    Nov

  • 11

    Nov

10:35
10/16/19
10/16
10:35
10/16/19
10:35
General news
FX Action: USD-CAD »

FX Action: USD-CAD popped…

PNC

PNC Financial

$142.83

3.27 (2.34%)

10:34
10/16/19
10/16
10:34
10/16/19
10:34
Hot Stocks
PNC Financial notes 'obvious unanswered questions' about operating environment »

Comments taken from Q3…

03/08/13
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03/06/13
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  • 16

    Oct

  • 16

    Oct

  • 16

    Oct

ALXN

Alexion

$102.75

-2.095 (-2.00%)

, ACHN

Achillion

$6.34

2.685 (73.46%)

10:31
10/16/19
10/16
10:31
10/16/19
10:31
Recommendations
Alexion, Achillion analyst commentary  »

Piper likes Alexion…

ALXN

Alexion

$102.75

-2.095 (-2.00%)

ACHN

Achillion

$6.34

2.685 (73.46%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 16

    Oct

  • 19

    Oct

  • 23

    Oct

IRBT

iRobot

$59.38

1.59 (2.75%)

10:28
10/16/19
10/16
10:28
10/16/19
10:28
Recommendations
iRobot analyst commentary  »

Citi opens negative…

03/08/13
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  • 23

    Oct

  • 13

    Nov

WBA

Walgreens Boots Alliance

$54.85

0.34 (0.62%)

10:25
10/16/19
10/16
10:25
10/16/19
10:25
Options
Walgreen Boots call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 28

    Oct

10:25
10/16/19
10/16
10:25
10/16/19
10:25
General news
Treasury Action: yields remain on the richer side »

Treasury Action: yields…

10:25
10/16/19
10/16
10:25
10/16/19
10:25
General news
The U.S. retail sales report undershot estimates »

The U.S. retail sales…

10:25
10/16/19
10/16
10:25
10/16/19
10:25
Conference/Events
House Energy & Commerce Committee to hold a hearing »

The Subcommittee on…

ABC

AmerisourceBergen

$88.20

5.02 (6.04%)

, CAH

Cardinal Health

$50.83

2.9 (6.05%)

10:25
10/16/19
10/16
10:25
10/16/19
10:25
Conference/Events
Wolfe Research healthcare tech analyst to hold an analyst/industry webcast »

Healthcare Technology…

ABC

AmerisourceBergen

$88.20

5.02 (6.04%)

CAH

Cardinal Health

$50.83

2.9 (6.05%)

MCK

McKesson

$148.00

9.83 (7.11%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 16

    Oct

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    Oct

  • 30

    Oct

  • 06

    Nov

  • 07

    Nov

  • 07

    Nov

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