Breaking News Instant updates and real-time market news.

LUV

Southwest

$50.07

-0.38 (-0.75%)

, BA

Boeing

$332.80

-4.75 (-1.41%)

08:06
08/13/19
08/13
08:06
08/13/19
08:06

Southwest downgraded to Hold from Buy at Argus

As previously reported, Argus analyst John Staszak downgraded Southwest (LUV) to Hold, citing serious operational disruption and rising costs from Boeing's (BA) continued grounding of the 737 MAX aircraft at a time of "solid" flight demand. The analyst notes that although the stock is trading near the low end of its 5-year historical range at 11.4-times his expected 2019 earnings, he sees its valuation as reflective of the company's near term prospects for higher costs and weaker profitability.

LUV

Southwest

$50.07

-0.38 (-0.75%)

BA

Boeing

$332.80

-4.75 (-1.41%)

  • 03

    Sep

  • 04

    Sep

  • 05

    Sep

  • 24

    Oct

  • 13

    Nov

  • 12

    Dec

LUV Southwest
$50.07

-0.38 (-0.75%)

06/13/19
JPMS
06/13/19
NO CHANGE
JPMS
American, Southwest raised domestic rates in last two days, says JPMorgan
JPMorgan analyst Jamie Baker said American Airlines (AAL) took a "plain vanilla" domestic fare increase of $5 one-way yesterday morning, which was followed by what looks like a system-wide increase from Hawaiian (HA) and a "substantive" Lower 48 increase from Southwest (LUV). He was not expecting another increase so soon after the industry took a broad-based domestic increase in the second week of May, noted Baker, who thinks evidence of domestic demand and potential Q2 guidance increases could reverse "recent apathy" towards the airline space. Other publicly traded airlines include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Continental (UAL).
07/18/19
SPHN
07/18/19
NO CHANGE
Target $112
SPHN
Overweight
Stephens surprised United Continental 'isn't getting more love' after earnings
After United Continental (UAL) reported "strong" Q2 results and gave commentary that points to the upper-end, or perhaps above, its FY19 guidance, Stephens analyst Jack Atkins said he has "a hard time understanding why United isn't getting more love." The stock's multiple is below those of peers Southwest (LUV) and Delta Air Lines (DAL), noted Atkins, who does not believe the current valuation reflects the company's execution track record over the past 18 months. He keeps an Overweight rating on United shares and raised his price target on the stock to $112 from $107.
07/29/19
MACQ
07/29/19
DOWNGRADE
MACQ
Neutral
Macquarie warns about pricing pressure among airlines from Southwest competition
Macquarie analyst Susan Donofrio downgraded American Airlines (AAL), Spirit Airlines (SAVE), Hawaiian Holdings (HA), and Alaska Air (ALK) to Neutral from Outperform as part of a broader industry note, saying the competitive environment for these airlines should become "choppy" in the fall of 2019 and in 2020 as Southwest (LUV) attempts to win back market share. The analyst believes that the latter's sizable domestic scope should lead to "unit revenue softness" within the overall pricing structure, through she maintains an Outperform rating on United Airlines (UAL), Delta (DAL) and Allegiant (ALGT) given their ongoing revenue initiatives and minimal overlap with Southwest.
08/13/19
ARGS
08/13/19
DOWNGRADE
ARGS
Hold
Southwest downgraded to Hold from Buy at Argus
BA Boeing
$332.80

-4.75 (-1.41%)

07/25/19
WOLF
07/25/19
DOWNGRADE
WOLF
Peer Perform
Boeing downgraded to Peer Perform from Outperform at Wolfe Research
07/30/19
IMPC
07/30/19
NO CHANGE
Target $41
IMPC
Outperform
American Airlines undervalued despite 737 Max groundings, says Imperial Capital
Imperial Capital analyst Michael Derchin says shares of American Airlines (AAL) are undervalued despite the groundings of Boeing's (BA) 737 Max. The stock is attractive with 737 MAX issues largely priced into the stock and upside potential on unit revenues amid low expectations, Derchin tells investors in a research note. He maintains an Outperform rating on American with a $41 price target.
08/06/19
NBLE
08/06/19
UPGRADE
Target $50
NBLE
Outperform
Ducommun upgraded to Outperform from Market Perform at Noble Capital
Noble Capital analyst Christian Herbosa upgraded Ducommun (DCO) to Outperform from Market Perform after the company reported higher than expected sales and otherwise strong performance in Q2. Despite ongoing delays in the return to service of Boeing's (BA) 737 MAX, which had been a key growth driver for Ducommun in Q2, management is confident that the company can achieve 7%-9% revenue growth across commercial aerospace and military platforms for the rest of the year, noted Herbosa. He set a $50 price target on Ducommun shares.
08/06/19
RHCO
08/06/19
NO CHANGE
Target $26
RHCO
Sell
Astronics price target lowered to $26 from $35 at SunTrust
SunTrust analyst Michael Ciarmoli lowered his price target on Astronics (ATRO) to $26 and kept his Sell rating after its Q2 earnings miss and below-consensus FY19 revenue guidance. The analyst cites weak aerospace bookings as an "ominous sign" reflecting his concerns about channel destocking in addition to the company's exposure to Boeing's (BA) 737 MAX aircraft issues. Ciarmoli added that Astronics' disclosure of a satellite failure "derailing" its AeroSat antenna opportunity was an incremental negative surprise.

TODAY'S FREE FLY STORIES

ENLC

EnLink Midstream

$7.74

0.19 (2.52%)

06:17
08/19/19
08/19
06:17
08/19/19
06:17
Downgrade
EnLink Midstream rating change  »

EnLink Midstream…

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

    Nov

  • 06

    Nov

HEP

Holly Energy Partners

$27.48

0.31 (1.14%)

06:17
08/19/19
08/19
06:17
08/19/19
06:17
Downgrade
Holly Energy Partners rating change  »

Holly Energy Partners…

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

NVS

Novartis

$89.46

0.91 (1.03%)

06:17
08/19/19
08/19
06:17
08/19/19
06:17
Periodicals
Novartis to respond to demand for data manipulation details, Reuters says »

Novartis plans to answer…

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

    Sep

  • 25

    Sep

GOOG

Alphabet

$1,176.94

9.48 (0.81%)

, GOOGL

Alphabet Class A

$1,178.69

9.68 (0.83%)

06:15
08/19/19
08/19
06:15
08/19/19
06:15
Periodicals
Google cuts some Android phone data for wireless carriers, Reuters reports »

Google has shut down its…

GOOG

Alphabet

$1,176.94

9.48 (0.81%)

GOOGL

Alphabet Class A

$1,178.69

9.68 (0.83%)

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

  • 24

    Sep

  • 27

    Oct

EWBC

East West Bancorp

$39.90

1.52 (3.96%)

06:15
08/19/19
08/19
06:15
08/19/19
06:15
Downgrade
East West Bancorp rating change  »

East West Bancorp…

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

$37.07

-0.07 (-0.19%)

06:14
08/19/19
08/19
06:14
08/19/19
06:14
Upgrade
Aramark rating change  »

Aramark upgraded to Buy…

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

SONO

Sonos

$11.90

0.22 (1.88%)

06:13
08/19/19
08/19
06:13
08/19/19
06:13
Upgrade
Sonos rating change  »

Sonos upgraded to Strong…

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

VWAGY

Volkswagen

$0.00

(0.00%)

06:13
08/19/19
08/19
06:13
08/19/19
06:13
Periodicals
Volkswagen, SEC ordered to seek settlement on fraud allegations, WSJ reports »

Volkswagen and the SEC…

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

WLL

Whiting Petroleum

$8.61

0.36 (4.36%)

06:12
08/19/19
08/19
06:12
08/19/19
06:12
Downgrade
Whiting Petroleum rating change  »

Whiting 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

  • 08

    Oct

  • 09

    Oct

APD

Air Products

$228.77

2.32 (1.02%)

06:12
08/19/19
08/19
06:12
08/19/19
06:12
Downgrade
Air Products rating change  »

Air Products 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

  • 22

    Aug

EADSY

Airbus

$0.00

(0.00%)

06:11
08/19/19
08/19
06:11
08/19/19
06:11
Periodicals
Airbus using AI to save millions on finance tasks, WSj reports »

Airbus is using…

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

  • 03

    Sep

CSTL

Castle Biosciences

$20.14

-0.56 (-2.71%)

06:10
08/19/19
08/19
06:10
08/19/19
06:10
Initiation
Castle Biosciences initiated  »

Castle Biosciences…

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

CSTL

Castle Biosciences

$20.14

-0.56 (-2.71%)

06:08
08/19/19
08/19
06:08
08/19/19
06:08
Initiation
Castle Biosciences initiated  »

Castle Biosciences…

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

WE

We Company

$0.00

(0.00%)

06:08
08/19/19
08/19
06:08
08/19/19
06:08
Periodicals
Hundreds of landlords exposed to WeWork via rental commitments, FT says »

Hundreds of landlords are…

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

PDS

Precision Drilling

$1.10

(0.00%)

06:05
08/19/19
08/19
06:05
08/19/19
06:05
Hot Stocks
Precision Drilling sees FY20 CapEx C$60M-C$80M »

Precision's…

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

MA

MasterCard

$274.24

2.4 (0.88%)

, FB

Facebook

$183.42

0.78 (0.43%)

06:05
08/19/19
08/19
06:05
08/19/19
06:05
Periodicals
MasterCard putting together cryptocurrency team, NY Post reports »

MasterCard (MA), which…

MA

MasterCard

$274.24

2.4 (0.88%)

FB

Facebook

$183.42

0.78 (0.43%)

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

  • 15

    Sep

  • 24

    Sep

  • 27

    Oct

CSTL

Castle Biosciences

$20.14

-0.56 (-2.71%)

06:04
08/19/19
08/19
06:04
08/19/19
06:04
Initiation
Castle Biosciences initiated  »

Castle Biosciences…

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

PDS

Precision Drilling

$1.10

(0.00%)

06:03
08/19/19
08/19
06:03
08/19/19
06:03
Hot Stocks
Precision Drilling lowers FY19 CapEx view to C$144M from C$169M »

Additionally, the company…

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

RRC

Range Resources

$4.10

0.07 (1.74%)

06:03
08/19/19
08/19
06:03
08/19/19
06:03
Upgrade
Range Resources rating change  »

Range Resources upgraded…

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

BSX

Boston Scientific

$42.15

0.28 (0.67%)

06:03
08/19/19
08/19
06:03
08/19/19
06:03
Hot Stocks
Boston Scientific acquisition of BTG expected to be immaterial to FY19 adj. EPS »

Boston Scientific…

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

  • 09

    Sep

  • 13

    Nov

MU

Micron

$43.55

1.32 (3.13%)

, WDC

Western Digital

$55.18

1.12 (2.07%)

06:02
08/19/19
08/19
06:02
08/19/19
06:02
Periodicals
Commerce Department to extend Huawei's license by 90 days, Reuters reports »

The U.S. Department of…

MU

Micron

$43.55

1.32 (3.13%)

WDC

Western Digital

$55.18

1.12 (2.07%)

OCLR

Bought by LITE

$0.00

(0.00%)

ACIA

Acacia Communications

$64.00

-0.58 (-0.90%)

NPTN

NeoPhotonics

$5.75

-0.085 (-1.46%)

LITE

Lumentum

$58.55

1.36 (2.38%)

FNSR

Finisar

$22.78

0.33 (1.47%)

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

  • 23

    Sep

HSY

Hershey

$155.41

-0.09 (-0.06%)

06:02
08/19/19
08/19
06:02
08/19/19
06:02
Hot Stocks
Hershey announces minority investments in FULFIL Holdings, Blue Stripes »

The Hershey Company is…

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

  • 15

    Sep

ONE

OneSmart

$7.03

-0.355 (-4.81%)

05:36
08/19/19
08/19
05:36
08/19/19
05:36
Hot Stocks
OneSmart announces CEO share purchase plan »

OneSmart announced that…

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

1.69 (4.78%)

05:34
08/19/19
08/19
05:34
08/19/19
05:34
Earnings
Breaking Earnings news story on Weibo »

Weibo sees Q3 revenue up…

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

WB

Weibo

$37.05

1.69 (4.78%)

05:34
08/19/19
08/19
05:34
08/19/19
05:34
Earnings
Weibo reports Q2 EPS 68c, consensus 59c »

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

  • 19

    Aug

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.