Breaking News Instant updates and real-time market news.

WMGI

Wright Medical

$21.31

0.54 (2.60%)

04:55
08/14/19
08/14
04:55
08/14/19
04:55

Wright Medical management to meet with Piper Jaffray

Meeting to be held in Chicago, IL on August 14 hosted by Piper Jaffray.

  • 14

    Aug

  • 04

    Sep

  • 06

    Nov

WMGI Wright Medical
$21.31

0.54 (2.60%)

08/08/19
STFL
08/08/19
NO CHANGE
Target $30
STFL
Buy
Wright Medical issues seem short-term and fixable, says Stifel
Stifel analyst Mathew Blackman noted that Wright Medical reported lower than expected Q2 sales and cut its full-year forecast, pointing to Cartiva distributor-related disruption, rather than underlying physician demand, and unanticipated, higher U.S. "core" lower extremity sales force attrition as issues that impacted both its results and outlook. Acknowledging that the troubles are "surprising and disappointing," Blackman still argues that the issues are short-term and fixable. Even with these headwinds, Wright Medical "still represents a very unique MedTech asset," contends Blackman, who lowered his price target on the stock to $30 from $36 but keeps a Buy rating on the shares.
08/08/19
BMOC
08/08/19
NO CHANGE
Target $30
BMOC
Outperform
Wright Medical price target lowered to $30 from $36 at BMO Capital
BMO Capital analyst Joanne Wuensch lowered her price target on Wright Medical to $30 after its Q2 miss and lowered FY19 guidance driven by the disruption in the Cartiva distributor sales force and a higher sales rep turnover in Lower Extremities. The analyst notes that it will take the company a few quarters to recover, but keeps his Outperform rating on the stock longer term, anticipating momentum in the Wright Medical's Upper and Lower Extremities franchises.
08/09/19
BOFA
08/09/19
DOWNGRADE
Target $25
BOFA
Neutral
Wright Medical downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill analyst Travis Steed downgraded Wright Medical to Neutral with a price target of $25 after its below-consensus Q2, saying there is "little opportunity" for the multiple to expand without a "real, sustained" reacceleration in its Lower Extremities business as it is still not far below the average since the company's merger with Tornier. The analyst adds that while Wright Medical's current issues are "manageable", it is challenging to "regain lost ground" with new sales reps, and the fix can take longer than expected. Steed adds that the company's Biologics comps will also become "much tougher" in the second half of 2019.
08/12/19
WELS
08/12/19
DOWNGRADE
Target $23
WELS
Market Perform
Wright Medical downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Lawrence Biegelsen downgraded Wright Medical Group to Market Perform from Outperform and lowered his price target for the shares to $23 from $28. The "rapid decline" in Cartiva sales in Q2 suggests physicians aren't satisfied with the product, Biegelsen tells investors in a research note. Further, the analyst believes Wright's core lower extremities business has become commoditized and that smaller competitors can continue to take the company's reps. In addition, Biegelsen Wright's upper extremities business is likely to slow due to new competition. While there is strategic value in Wright Medical, the fundamentals "look challenging," says the analyst.

TODAY'S FREE FLY STORIES

CAAP

Corporacion America Airport

$5.81

0.295 (5.35%)

06:03
08/23/19
08/23
06:03
08/23/19
06:03
Earnings
Corporacion America Airport reports Q2 EPS 31c, may not compare consensus (10c) »

Reports Q2 revenue…

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

  • 23

    Aug

QFIN

360 Finance

$10.65

0.05 (0.47%)

06:03
08/23/19
08/23
06:03
08/23/19
06:03
Hot Stocks
360 Finance CEO Jun Xu resigns, Haisheng Wu named successor »

360 Finance 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

  • 23

    Aug

TGI

Triumph Group

$22.70

0.19 (0.84%)

06:00
08/23/19
08/23
06:00
08/23/19
06:00
Downgrade
Triumph Group rating change  »

Triumph Group 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

DB

Deutsche Bank

$7.17

0.155 (2.21%)

, BNPQY

BNP Paribas

$0.00

(0.00%)

06:00
08/23/19
08/23
06:00
08/23/19
06:00
Periodicals
Deutsche Bank to move up to 800 staff members to BNP Paribas, FT reports »

Deutsche Bank (DB) plans…

DB

Deutsche Bank

$7.17

0.155 (2.21%)

BNPQY

BNP Paribas

$0.00

(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

MO

Altria Group

$46.57

0.32 (0.69%)

05:57
08/23/19
08/23
05:57
08/23/19
05:57
Upgrade
Altria Group rating change  »

Altria Group 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

AMZN

Amazon.com

$1,804.00

-19.19 (-1.05%)

05:52
08/23/19
08/23
05:52
08/23/19
05:52
Periodicals
Amazon to stop using tips to cover wages for Flex drivers, LA Times reports »

Amazon says it will no…

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

  • 27

    Oct

OXY

Occidental Petroleum

$44.69

-0.35 (-0.78%)

05:49
08/23/19
08/23
05:49
08/23/19
05:49
Initiation
Occidental Petroleum initiated  »

Occidental Petroleum…

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

  • 27

    Aug

LZB

La-Z-Boy

$31.52

1.48 (4.93%)

05:45
08/23/19
08/23
05:45
08/23/19
05:45
Upgrade
La-Z-Boy rating change  »

La-Z-Boy 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

  • 27

    Aug

HPQ

HP Inc.

$18.91

-0.04 (-0.21%)

05:45
08/23/19
08/23
05:45
08/23/19
05:45
Downgrade
HP Inc. rating change  »

HP Inc. downgraded 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

  • 10

    Sep

HCM

Hutchison China MediTech

$20.53

0.13 (0.64%)

05:34
08/23/19
08/23
05:34
08/23/19
05:34
Hot Stocks
Chi-Med initiates Phase I study of HMPL-523 »

Hutchison China MediTech…

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

SMSEY

Samsonite International

$0.00

(0.00%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
Samsonite International management to meet with JPMorgan »

Meetings 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

  • 23

    Aug

URBN

Urban Outfitters

$23.91

1.53 (6.84%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
Urban Outfitters management to meet with MKM Partners »

Meetings 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

  • 25

    Sep

  • 19

    Nov

SERV

ServiceMaster

$58.21

0.37 (0.64%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
ServiceMaster management to meet with Buckingham »

Meeting to be held in New…

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

  • 23

    Aug

  • 28

    Aug

  • 12

    Nov

  • 13

    Nov

  • 14

    Nov

  • 15

    Nov

04:55
08/23/19
08/23
04:55
08/23/19
04:55
General news
Breaking General news story  »

Federal Reserve Chairman…

GLOB

Globant

$96.92

3.21 (3.43%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
Globant management to meet with William Blair »

Meetings 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

  • 23

    Aug

04:55
08/23/19
08/23
04:55
08/23/19
04:55
General news
New Home Sales to be reported at 10:00 »

July New Home Sales will…

GKOS

Glaukos

$61.31

-1.71 (-2.71%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
Glaukos management to meet with JPMorgan »

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

  • 23

    Aug

  • 26

    Aug

  • 04

    Sep

  • 13

    Nov

AMAT

Applied Materials

$47.04

0.21 (0.45%)

, AMD

AMD

$31.90

0.2 (0.63%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
MUFG Securities to hold a tour »

MUFG Securities Tech Tour…

AMAT

Applied Materials

$47.04

0.21 (0.45%)

AMD

AMD

$31.90

0.2 (0.63%)

ANET

Arista Networks

$227.19

0.48 (0.21%)

CHKP

Check Point

$109.20

-0.01 (-0.01%)

CSCO

Cisco

$48.20

-0.59 (-1.21%)

EQIX

Equinix

$554.08

2.15 (0.39%)

FLEX

Flex

$10.26

0.26 (2.60%)

INTC

Intel

$46.76

-0.39 (-0.83%)

NVDA

Nvidia

$171.44

0.21 (0.12%)

OTEX

OpenText

$39.11

0.18 (0.46%)

PYPL

PayPal

$108.74

-1.09 (-0.99%)

RNG

RingCentral

$142.36

2.33 (1.66%)

SQ

Square

$64.65

-0.78 (-1.19%)

STX

Seagate

$47.58

0.36 (0.76%)

TWLO

Twilio

$130.48

-0.57 (-0.43%)

V

Visa

$180.15

-0.8 (-0.44%)

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

  • 27

    Aug

  • 28

    Aug

  • 28

    Aug

  • 29

    Aug

  • 05

    Sep

  • 06

    Sep

  • 09

    Sep

  • 10

    Sep

  • 16

    Sep

  • 17

    Sep

  • 18

    Sep

  • 19

    Sep

  • 10

    Oct

  • 15

    Oct

  • 24

    Oct

  • 27

    Oct

  • 06

    Nov

  • 13

    Nov

  • 13

    Nov

  • 12

    Dec

  • 16

    Dec

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
Wolfe Research healthcare analysts to hold an analyst/industry webcast »

Global Pharma Analyst…

04:55
08/23/19
08/23
04:55
08/23/19
04:55
General news
Breaking General news story  »

Week of 8/23 Baker-Hughes…

CMS

CMS Energy

$62.13

0.04 (0.06%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
CMS Energy management to meet with RBC Capital »

Meetings 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

  • 23

    Aug

  • 29

    Aug

  • 10

    Nov

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
Cowen retail analysts to hold an analyst/industry conference call »

Retail Analyst Chen,…

03:50
08/23/19
08/23
03:50
08/23/19
03:50
General news
FX Action: USD-CAD nudged out a three-day high »

FX Action: USD-CAD nudged…

03:05
08/23/19
08/23
03:05
08/23/19
03:05
General news
FX Update: The New Zealand dollar outperformed and China's yuan weakened »

FX Update: The New…

LLY

Eli Lilly

$111.63

0.2 (0.18%)

21:03
08/22/19
08/22
21:03
08/22/19
21:03
Hot Stocks
Arbitration panel rules in favor of Eli Lilly in Adocia IP claim »

A Chicago-based…

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

  • 16

    Sep

  • 02

    Oct

  • 23

    Oct

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.