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TLRY

Tilray

$27.18

0.68 (2.57%)

, DG

Dollar General

$141.02

2.32 (1.67%)

09:13
08/29/19
08/29
09:13
08/29/19
09:13

Fly Intel: Pre-market Movers

HIGHER: Tilray (TLRY), up 1% after announcing it will acquire all of the issued and outstanding securities of 420 Investments for C$110M in stock. UP AFTER EARNINGS: Dollar General (DG), up 8%... Dollar Tree (DLTR), up 3%... Burlington Stores (BURL), up 11%... Sanderson Farms (SAFM), up 2%... Guess (GES), up 16%. DOWN AFTER EARNINGS: Best Buy (BBY), down 5%... Abercrombie & Fitch (ANF), down 11%... Ollie's Bargain Outlet (OLLI), down 25%... Titan Machinery (TITN), down 5%... Hain Celestial (HAIN), down 3%.

TLRY

Tilray

$27.18

0.68 (2.57%)

DG

Dollar General

$141.02

2.32 (1.67%)

DLTR

Dollar Tree

$99.68

2.91 (3.01%)

BURL

Burlington Stores

$172.98

2.46 (1.44%)

SAFM

Sanderson Farms

$142.18

1.11 (0.79%)

GES

Guess

$15.04

1.045 (7.47%)

BBY

Best Buy

$69.00

1.23 (1.82%)

ANF

Abercrombie & Fitch

$17.02

0.45 (2.72%)

OLLI

Ollie's Bargain Outlet

$77.85

0.61 (0.79%)

TITN

Titan Machinery

$16.93

0.61 (3.74%)

HAIN

Hain Celestial

$18.37

0.17 (0.93%)

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TLRY Tilray
$27.18

0.68 (2.57%)

08/14/19
BNCH
08/14/19
NO CHANGE
Target $80
BNCH
Buy
Tilray price target lowered to $80 from $200 at Benchmark
Benchmark analyst Mike Hickey lowered his price target on Tilray shares to $80 from $200 after the company reported "mixed" Q2 results. The company's "near term profitability aspirations have been abandoned" as Tilray seeks to take additional market share, said Hickey, who remains cautious on the Canadian regulatory regime and expects on-going supply and distribution constraints. However, he keeps a Buy rating on Tilray shares.
08/23/19
COWN
08/23/19
NO CHANGE
Target $150
COWN
Outperform
Tilray top-line progression keeps us constructive, says Cowen
Cowen analyst Vivien Azer met with Tilray management following impressive Q2 results. The analyst admitted the company's cash use is high but said the company is making investments to reach its goal if becoming a global leader with cannabis. He believes the company could look to raise capital in the back half of 2020 but is comforted by management's expectations for Canada profitability sometime in the quarter or so. Azer reiterated her Outperform rating and $!50 price target on Tilray shares.
08/15/19
VERF
08/15/19
NO CHANGE
Target $4
VERF
Sell
Vertical Group sees 90% downside in Tilray, says 'back up truck' to short
It is time to "back up the truck" and short shares of Tilray, Vertical Group analyst Gordon Johnson tells investors in a research note. The analyst introduced a year-end 2020 price target of $4, which implies around 90% downside to Tilray's closing price Wednesday of $39.04. The company's top shareholder, Privateer, is set to unload its 72% position over the course of this year and next, Johnson points out. Further, the analyst calls Tilray's Q2 results "horrific." On top of that, the company, which only has two-to-three quarters of cash left, admitted its results are slated to get worse, adds Johnson. The analyst says that in his years covering stocks, he's rarely seen such a richly valued company.
08/14/19
STFL
08/14/19
NO CHANGE
Target $38
STFL
Hold
Stifel keeps Hold rating, $38 price target on Tilray after Q2 report
Stifel analyst W. Andrew Carter said Tilray's Q2 revenue performance exceeded his expectations and he believes the company's report underscores the cannabis industry's preeminent theme - namely, robust revenue growth opportunity bumping up against a high degree of investment needed to capitalize on a "once-in-a-lifetime" opportunity. Following the report, he increased his FY19 gross revenue estimate to $171M, but lowered his EBITDA estimates to conform more closely to the company's guidance. Carter keeps a Hold rating and $38 price target on Tilray shares, but said he thinks the stock could come under pressure as he believes investors may focus on the wider than expected EBITDA losses.
DG Dollar General
$141.02

2.32 (1.67%)

06/13/19
OPCO
06/13/19
NO CHANGE
Target $150
OPCO
Outperform
Dollar General price target raised to $150 from $135 at Oppenheimer
Oppenheimer analyst Rupesh Parikh raised his price target for Dollar General to $150 from $135 ahead of the firm's Boston Consumer Conference and with shares reaching the previous target. The analyst expects an upbeat tone from management next week at the conference. He reiterates an Outperform rating on the shares.
08/08/19
08/08/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Disney (DIS) upgraded to Outperform from Neutral at Credit Suisse with analyst Douglas Mitchelson saying he sees less risk to estimates now that the fiscal 2020 consensus earnings per share estimate dropped from over $8 per share a year ago to ~$6 per share today. 2. Lyft (LYFT) upgraded to Outperform from Neutral at Wedbush and to Neutral from Underweight at Atlantic Equities. 3. Roku (ROKU) was upgraded to Overweight from Equal Weight at Stephens and to Buy from Neutral at Rosenblatt. 4. Hertz (HTZ) upgraded to Overweight from Equal Weight at Barclays with analyst Brian Johnson saying the company's "impressive" Q2 plus favorable industry dynamics offers a "better runway for transformation." 5. Dollar General (DG) upgraded to Buy from Neutral at Goldman Sachs with analyst Christopher Prykull saying the broader market volatility that has brought shares of Dollar General down has created an opportunity for investors to step into a "favorably positioned" retailer. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/19
GSCO
08/08/19
UPGRADE
Target $152
GSCO
Buy
Dollar General upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst Christopher Prykull upgraded Dollar General to Buy from Neutral and raised his price target for the shares to $152 from $142. The broader market volatility that has brought shares of Dollar General down has created an opportunity for investors to step into a "favorably positioned" retailer, Prykull tells investors in a research note. He believes the company can deliver "consistent" 10% earnings growth over the next three years. The analyst expects "sustained" sales growth in the current macro backdrop given Dollar General's store growth, company initiatives, a healthy low-income consumer, and share capture from Family Dollar store closures.
07/25/19
WELS
07/25/19
DOWNGRADE
Target $140
WELS
Market Perform
Dollar General downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Edward Kelly downgraded Dollar General to Market Perform from Outperform with an unchanged price target of $140. The analyst sees a "good story," but one that's "not as perfect" at the current valuation suggests.
DLTR Dollar Tree
$99.68

2.91 (3.01%)

08/23/19
OTRG
08/23/19
UPGRADE
OTRG
Positive
Dollar Tree upgraded to Positive from Mixed at OTR Global
08/23/19
OTRG
08/23/19
UPGRADE
OTRG
Positive
Update: Dollar Tree upgraded to Positive following checks at OTR Global
As previously reported OTR Global upgraded Dollar Tree to Positive from Mixed. The firm's checks indicate tickets and transactions improved quarter-over-quarter helped by better stocking initiatives and a successful back-to-school start.
08/05/19
DBAB
08/05/19
DOWNGRADE
DBAB
Hold
Dollar Tree downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Paul Trussell downgraded Dollar Tree to Hold from Buy.
06/21/19
FBCO
06/21/19
NO CHANGE
Target $122
FBCO
Outperform
Dollar Tree price target raised to $122 from $112 at Credit Suisse
Credit Suisse analyst Judah Frommer raised his price target for Dollar Tree to $122 from $112 and maintained an Outperform rating after hosting tours with VP of Investor Relations Randy Guiler. Frommer tells investors in a research note that while he did not get full clarification around earnings growth guidance of 14%-18% in 2020, he says management "feels as good or better" now about the trajectory of the business as it did when the guidance was given.
BURL Burlington Stores
$172.98

2.46 (1.44%)

06/21/19
WELS
06/21/19
NO CHANGE
Target $185
WELS
Outperform
Burlington Stores price target raised to $185 from $178 at Wells Fargo
Wells Fargo analyst Ike Boruchow raised his price target for Burlington Stores to $185 from $178 after hosting two days of meetings with management. The team appears to have continued confidence in the strength of their consumer, the macro backdrop, and their ability to improve performance from here, Boruchow tells investors in a research note. The analyst says his confidence in Burlington remains high and he keeps an Outperform rating on the shares.
08/09/19
OTRG
08/09/19
DOWNGRADE
OTRG
Mixed
Burlington Stores downgraded to Mixed following checks at OTR Global
As previously reported, OTR Global downgraded Burlington Stores (BURL) to Mixed from Positive. The firm's checks indicate traffic weakness at stores and margin weakness from TJX's (TJX) increased pressure on vendors.
08/16/19
08/16/19
UPGRADE
Target $60

Buy
TJX upgraded to Buy at Loop Capital on off-price momentum
As previously reported, Loop Capital analyst Laura Champine upgraded TJX (TJX) to Buy and raised her price target to $60 from $50 as part of her broader "Deep Dive" research note into off-price retailers, saying her model changes are driven by the continued market share gains at the expense of the department and specialty stores. The analyst also raised her price target by $5 on Buy-rated Burlington Stores (BURL) and Ross Stores (ROST) to $200 and $120 respectively, citing her recent round of store checks at all 3 companies that showed "improving brand availability, attractive assortments, and healthy traffic trends." Champine believes that these chains can benefit from market dislocations as retailers increasingly worry about the impact of tariffs impacting product costs.
08/09/19
OTRG
08/09/19
DOWNGRADE
OTRG
Mixed
Burlington Stores downgraded to Mixed from Positive at OTR Global
SAFM Sanderson Farms
$142.18

1.11 (0.79%)

06/18/19
MZHO
06/18/19
NO CHANGE
MZHO
Mizuho lowers near-term estimates across protein space
Mizuho analyst Jeremy lowered his near-term estimates across the protein space to reflect higher feed costs. Progress reports and persistent flooding in the Midwest suggest "unrecoverable gaps" to projected harvest acreage and a tighter supply in the U.S., Scott tells investors in a research note. Further, a "substantial drop" in soy demand from China and corn demand from other African Swine Fever-impacted regions should help offset the U.S. supply shortfall, adds the analyst. Scott reduced his estimates to reflect the risk of feed cost inflation over the next twelve months, but maintains Buy ratings on Tyson Foods (TSN), Pilgrim's Pride (PPC) and Sanderson Farms (SAFM).
05/22/19
CLVD
05/22/19
UPGRADE
CLVD
Buy
Sanderson Farms upgraded to Buy from Neutral at Cleveland Research
04/23/19
04/23/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Qualcomm (QCOM) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst James Faucette citing his view that the market has "not yet fully appreciated" the impact of the company's settlement with Apple (AAPL), which he thinks not only increases earnings substantially while also expanding the freedom with which Qualcomm can pursue new opportunities. 2. Kimberly-Clark (KMB) upgraded to Buy from Hold at Argus and to Outperform from Neutral at Macquarie. 3. Sanderson Farms (SAFM) upgraded to Neutral from Sell at Goldman Sachs with analyst Adam Samuelson saying African swine fever is upending the protein markets, Samuelson tells investors in a research note. 4. Visteon (VC) upgraded to Outperform from Neutral at Baird while Veoneer (VNE) was upgraded to Neutral from Underperform. 5. Sony (SNE) upgraded to Outperform from Neutral at Macquarie. 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
NO CHANGE
MZHO
DOJ intervening in poultry case not entirely surprising, says Mizuho
Mizuho analyst Jeremy Scott said it isn't entirely surprising to see the DOJ intervene in the Maplevale civil case against chicken producers given the DOJ's interest in the case previously became apparent in Tyson's (TSN) 10-Q filling in May. Scott said the investigation launch does not necessarily suggest that there is new corroborating evidence, though it does raise the stakes for company legal teams and builds on an already distracting and costly process in the courts that will likely take two years or more to reach a conclusion. Other protein stocks include Hormel (HRL), Pilgrim's Pride (PPC) and Sanderson Farms (SAFM).
GES Guess
$15.04

1.045 (7.47%)

02/07/19
02/07/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Saia (SAIA) upgraded to Buy from Hold at Deutsche Bank with analyst Amit Mehrotra saying after meeting with management, he is incrementally more confident in Saia's ability to generate double-digit revenue growth this year. 2. Guess (GES) upgraded to Buy from Hold at Jefferies with analyst Janine Stichter saying the recent pullback in the stock puts the company's multiple below its historical average and peers. 3. Spirit Airlines (SAVE) upgraded to Buy from Neutral at Goldman Sachs with analyst Catherine O'Brien saying she expects passenger revenue trends for the company in the first half of the year to be stronger than previously anticipated. 4. MacroGenics (MGNX) upgraded to Buy from Sell at Citi with analyst Yigal Nochomovitz saying additional Phase 1 readouts in 2019 should provide further stock momentum for MacroGenics. 5. Cognizant (CTSH) upgraded to Outperform from Market Perform at BMO Capital with analyst Keith Bachman citing the company's FY19 revenue growth outlook and a positive management transition. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/27/19
JEFF
06/27/19
NO CHANGE
JEFF
Jefferies reiterates Buys on Guess, American Eagle after female survey
After surveying 600 female consumers to analyze changes in brand momentum, Jefferies analyst Janine Stichter reiterates Buy ratings on both Guess (GES) and American Eagle (AEO). Results are favorable for Guess, which is seeing an increase in brand awareness and improved purchasing intent, Stichter tells investors in a research note. For American Eagle, investments in the store experience are translating into improved customer satisfaction, while Aerie also continues to score well across all key metrics, adds the analyst.
07/22/19
JEFF
07/22/19
NO CHANGE
Target $24
JEFF
Buy
Guess near-term results may be better than what's priced in, says Jefferies
Geolocation data suggest "significant" improvement in June traffic levels for Guess, Jefferies analyst Janine Stichter tells investors in a research note. Further, web traffic data show rising penetration of Guess's shopping cart and checkout page, suggesting improving conversion, adds the analyst. As a result, she believes the company's near-term performance may not be as challenging as the market is pricing in. In addition, Guess's longer term opportunity "remains very much intact," says Stichter. The analyst keeps a Buy rating on the shares with a $24 price target.
03/21/19
JEFF
03/21/19
NO CHANGE
Target $24
JEFF
Buy
Guess in penalty box but fundamentals healthy, says Jefferies
While Guess shares will be in the penalty box near-term as an inventory overhang weighs on margins, its fundamentals remain healthy, Jefferies analyst Janine Stichter tells investors in a research note. The analyst expects CEO Carlos Alberini's return to be a positive catalyst for Guess and that his first earnings call as CEO was a strong one. Significant market share potential remains in Europe and Asia for Guess while North America appears to be gaining momentum, says Stichter. She keeps a Buy rating on the shares with a $24 price target.
BBY Best Buy
$69.00

1.23 (1.82%)

07/08/19
07/08/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Best Buy (BBY) initiated with a Buy at Guggenheim. 2. Cabot Microelectronics (CCMP) was initiated with a Buy at Goldman Sachs and a Neutral at CL King. 3. Crowdstrike (CRWD) was initiated with an Outperform at Oppenheimer, Macquarie and JMP Securities, an Overweight at JPMorgan, Piper Jaffray and Barclays, a Buy at BofA/Merrill, Needham, Stifel, and Mizuho, a Neutral at Credit Suisse and Goldman Sachs, a Sector Perform at RBC Capital, and a Hold at SunTrust and Jefferies. 4. TriplePoint Venture (TPVG) initiated with a Buy at Nomura Instinet. 5. Fiverr (FVRR) was initiated with an Outperform at Oppenheimer and JMP Securities, a Buy at Needham, as well as a Neutral at JPMorgan, UBS and Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/11/19
GSCO
07/11/19
INITIATION
Target $73
GSCO
Neutral
Best Buy initiated with a Neutral at Goldman Sachs
Goldman Sachs analyst Kate McShane started Best Buy with a Neutral rating and $73 price target. The analyst sees limited upside to valuation at current share levels.
07/16/19
LOOP
07/16/19
NO CHANGE
Target $70
LOOP
Buy
Aaron's price target raised to $70 from $64 at Loop Capital
Loop Capital analyst Anthony Chukumba raised his price target on Aaron's (AAN) to $70 and kept his Buy rating ahead of its Q2 earnings next week, saying he is turning increasingly more bullish on its Progressive Leasing business given the growth in its volume per active door metric and early results from its Best Buy (BBY) partnership. The analyst adds that the premium valuation on Aaron's stock is warranted by Progressive's "substantial 'white space'" opportunity and his expectation of continued sequential improvement in its core business.
08/26/19
BOFA
08/26/19
NO CHANGE
Target $75
BOFA
Neutral
Best Buy comps likely to hit high end of guidance, says BofA/Merrill
BofA/Merrill analyst Curtis Nagle believes Best Buy's comps will likely to come in at high end of guidance when the company reports Q2 results on August 29. He estimates comparable sales of 2.3%, which compares to guidance of 0.5%-2.5% and the consensus estimate of 2.0%. However, if Best Buy does beat Q2 expectations, there is a chance it does not raise guidance given the high Q4 earnings weighting and continued uncertainty over tariffs, Nagle tells investors in a research note. He keeps a Neutral rating on the shares with a $75 price target.
ANF Abercrombie & Fitch
$17.02

0.45 (2.72%)

07/11/19
WEDB
07/11/19
UPGRADE
WEDB
Neutral
Abercrombie & Fitch upgraded to Neutral from Underperform at Wedbush
08/16/19
SBSH
08/16/19
NO CHANGE
SBSH
American Eagle and Abercrombie & Fitch should merge, says Citi
Citi analyst Paul Lejuez looked across his Retail universe to consider "possible winning combinations that make sense in this environment." One deal stood out, and that's American Eagle (AEO) and Abercrombie & Fitch (ANF) combining, Lejuez tells investors in a research note. It makes sense for both companies "to wed, creating a teen powerhouse," says the analyst.
07/11/19
07/11/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Freeport McMoRan (FCX) upgraded to Buy from Hold at Deutsche Bank with analyst Chris Terry saying progress continues at Grasberg. 2. Veon (VEON) upgraded to Buy from Neutral at Goldman Sachs with analyst Vyacheslav Degtyarev saying the company's "strategic optionality" is not fully priced in at current share levels. 3. WW (WW) upgraded to Neutral from Underweight at JPMorgan with analyst Christina Brathwaite saying the company's subscriber trends have stabilized, which is supportive of its ability to reach 2019 guidance. 4. Abercrombie & Fitch (ANF) upgraded to Neutral from Underperform at Wedbush with analyst Jen Redding citing the stock's valuation reset. 5. Willis Towers Watson (WLTW) upgraded to Outperform from Market Perform at Wells Fargo with analyst Elyse Greenspan saying she sees a "strong set-up" into the company's Q2 results. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/11/19
07/11/19
UPGRADE
Target $18

Neutral
Abercrombie & Fitch upgraded to Neutral on valuation reset at Wedbush
As previously reported, Wedbush analyst Jen Redding upgraded Abercrombie & Fitch to Neutral from Underperform given the stock's valuation reset, as shares currently trade at a 66% discount to the company's 5-year historical PE and proprietary data inflects positively. The analyst notes that recent search trends signal positive inflection in revenues across Hollister Asia and Hollister U.K. Despite elevated promotions year over year, according to our promo tracker, total company gross margin likely tracks in-line to above guidance for margins down roughly 100 bps assuming current U.S./China tariffs, Redding adds. The analyst also raised her price target on the shares to $18 from $16.
OLLI Ollie's Bargain Outlet
$77.85

0.61 (0.79%)

08/29/19
WELS
08/29/19
NO CHANGE
Target $60
WELS
Market Perform
Ollie's Bargain Outlet price target lowered to $60 from $85 at Wells Fargo
Wells Fargo analyst Edward Kelly lowered his price target for Ollie's Bargain Outlet to $60 from $85 after the company reported a "surprisingly bad quarter," as a litany of internal and external issues resulted in a material earnings disappointment. The analyst reiterates a Market Perform rating on the shares.
08/29/19
FBCO
08/29/19
NO CHANGE
Target $78
FBCO
Outperform
Ollie's Bargain Outlet price target lowered to $78 from $103 at Credit Suisse
Credit Suisse analyst Judah Frommer lowered his price target for Ollie's Bargain Outlet to $78 from $103 after the company posted its first negative comp as a public company and has experienced its first major operational misstep that he can recall. The analyst continues to view the company as insulated from online competition, tariffs, FX, and economic slowdown; and believes a sizeable white space opportunity and improving real-estate profile should underscore elevated new store productivity, the key driver of top-line growth, and sustained mid- high-teens earnings growth. He reiterates an Outperform rating on the shares.
08/29/19
LOOP
08/29/19
NO CHANGE
Target $75
LOOP
Buy
Ollie's Bargain Outlet price target lowered to $75 from $100 at Loop Capital
Loop Capital analyst Anthony Chukumba lowered his price target on Ollie's Bargain Outlet to $75 after its "disappointing" Q2 performance that included the first decline in comps in 21 quarters, margin degradation, and a "substantial" earnings guidance cut. The analyst adds that the management's inability to foresee the problems in Q2 suggests that "some changes" may be needed to right the ship. Chukumba is keeping his Buy rating on the stock however, noting that the 30% pre-market decline looks "overdone" since Ollie's Bargain Outlet's wounds are "self inflicted" and "fixable".
08/29/19
JPMS
08/29/19
NO CHANGE
Target $76
JPMS
Overweight
Ollie's Bargain Outlet earnings pullback a buying opportunity, says JPMorgan
JPMorgan analyst Matthew Boss views the post-earnings pullback in shares of Ollie's Bargain Outlet as a long-term buying opportunity. While the Q2 print puts the company in the "penalty box," Ollie's should return to high-teens growth in the second half of 2019 and 2020, Boss tells investors in a research note. He lowered his price target for the shares to $76 from $100 and keeps an Overweight rating on the name.
TITN Titan Machinery
$16.93

0.61 (3.74%)

05/13/19
05/13/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Deere (DE) and Titan Machinery (TITN) downgraded to Neutral from Outperform at Baird. 2. Boot Barn (BOOT) downgraded to Hold from Buy at Pivotal Research with analyst Mitch Kummetz saying he sees a less favorable risk/reward at current share levels heading into the company's results on May 16. He does not see enough room for upside to his estimates, mainly because he believes oil and gas employment is becoming a "diminishing tailwind." 3. Shopify (SHOP) downgraded to Neutral from Buy at Guggenheim with analyst Ken Wong saying he sees upside potential as limited given the stock's current valuation, which he notes has now passed previous peak levels. 4. ADT Inc. (ADT) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Toni Kaplan saying she has less confidence in the company's growth outlook following a recent AlphaWise survey conducted by the firm. 5. 51job (JOBS) downgraded to Neutral from Buy at Citi with analyst Alicia Yap saying she believes weakening operating metrics, such as a faster rate of decline for active employer count and slower rate of growth of ARPU, may be signals of challenges for online recruitment revenue growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/13/19
BARD
05/13/19
DOWNGRADE
BARD
Neutral
Titan Machinery downgraded to Neutral from Outperform at Baird
05/13/19
BARD
05/13/19
DOWNGRADE
BARD
Neutral
Baird downgrades Deere, Titan to Neutral on eroding farmer sentiment
As previously reported, Baird analyst Mig Dobre downgraded Deere (DE) and Titan Machinery (TITN), both to Neutral from Outperform, telling investors that large Ag equipment demand is increasingly at risk as farmer sentiment and grain prices deteriorate amid the drawn out trade war. While Ag inventories at dealers has risen, posing an additional risk, construction equipment growth is moderating, noted Dobre, who lowered his price target on Deere to $150 from $166 and cut his price target on Titan shares to $18 from $26.
06/16/19
BARD
06/16/19
UPGRADE
Target $24
BARD
Outperform
Titan Machinery upgraded to Outperform from Neutral at Baird
Baird analyst Mig Dobre upgraded Titan Machinery (TITN) to Outperform from Neutral and raised his price target for the shares to $24 from $18. The analyst says favorable weather conditions trump trade war concerns. He also upgraded Deere (DE) to Outperform from Neutral for a similar rationale.
HAIN Hain Celestial
$18.37

0.17 (0.93%)

08/28/19
LOOP
08/28/19
NO CHANGE
Target $20
LOOP
Hold
Hain Celestial price target lowered to $20 from $23 at Loop Capital
Loop Capital analyst Andrew Wolf lowered his price target on Hain Celestial to $20 and kept his Hold rating ahead of its Q4 results tomorrow, saying the company's initial FY20 guidance will likely "comport" with the management's previously expressed plans for lower sales but higher sequential EBITDA. The analyst believes this is the right strategy for Hain Celestial longer term, but warns that its initial earnings forecasts will be below the current consensus, as cost deleveraging constrains profitability in the coming year.
08/20/19
08/20/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. HP Inc. (HPQ) downgraded to Neutral from Buy at Citi with analyst Jim Suva saying positive PC data points offset mixed Print data points and offer limited positive catalysts. 2. Las Vegas Sands (LVS) downgraded to Hold from Buy at Argus with analyst John Staszak saying the stock should produce "limited growth" over the next 12 months. 3. Hain Celestial (HAIN) and McCormick (MKC) downgraded to Underweight from Neutral at JPMorgan. 4. Itron (ITRI) downgraded Outperform at Credit Suisse with analyst Pavel Molchanov saying having started the year on a "sour" note amid the margin headwinds from components tightness, the stock has shrugged off those issues and is currently at its highest level since early 2018. 5. BP Midstream (BPMP) downgraded to Neutral from Overweight at JPMorgan while Shell Midstream (SHLX) was downgraded to Underweight from Neutral. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/20/19
JPMS
08/20/19
DOWNGRADE
JPMS
Underweight
Hain Celestial downgraded to Underweight from Neutral at JPMorgan
08/20/19
JPMS
08/20/19
DOWNGRADE
Target $18
JPMS
Underweight
Hain Celestial downgraded to Underweight at JPMorgan, price target cut to $18
JPMorgan analyst Ken Goldman downgraded Hain Celestial downgraded to Underweight from Neutral and lowered his price target to $18 from $23, citing Brexit and currency risk, organic sales risk, the potential for divestitures to raise less cash than expected and valuation. Goldman tells investors in a research note that he is not negative on Hain's strategy, but feels that a number of near-term headwinds may not properly be reflected in the stock price. Additionally, Goldman says he can no longer recommend paying a premium for a company likely to sport margins and returns well below average for a long time.

TODAY'S FREE FLY STORIES

SPOT

Spotify

$148.20

-3.59 (-2.37%)

18:15
01/17/20
01/17
18:15
01/17/20
18:15
Periodicals
Spotify in talks to acquire The Ringer, WSJ reports »

Spotify is in discussions…

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  • 05

    Feb

CE

Celanese

$117.54

-0.53 (-0.45%)

18:00
01/17/20
01/17
18:00
01/17/20
18:00
Hot Stocks
Celanese announces acetyl intermediates price increases »

Celanese Corporation will…

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  • 31

    Jan

BYND

Beyond Meat

$109.20

-1.16 (-1.05%)

17:58
01/17/20
01/17
17:58
01/17/20
17:58
Periodicals
Beyond Meat rival gets green light in Canada, The Star says »

Impossible Foods, a maker…

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DBD

Diebold

$11.09

-0.49 (-4.23%)

17:42
01/17/20
01/17
17:42
01/17/20
17:42
Periodicals
Breaking Periodicals news story on Diebold »

Diebold Nixdorf divests…

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IEF

iShares 7-10 Year Treasury Bond ETF

$111.28

-0.13 (-0.12%)

, SHY

iShares 1-3 Year Treasury Bond

$84.73

-0.005 (-0.01%)

17:32
01/17/20
01/17
17:32
01/17/20
17:32
General news
Weekly CFTC Commitment of Traders highlights »

2-YEAR U.S. TREASURY net…

IEF

iShares 7-10 Year Treasury Bond ETF

$111.28

-0.13 (-0.12%)

SHY

iShares 1-3 Year Treasury Bond

$84.73

-0.005 (-0.01%)

SPY

SPDR S&P 500 ETF Trust

$331.98

1.08 (0.33%)

SLV

iShares Silver Trust

$16.82

0.04 (0.24%)

GLD

SPDR Gold Shares

$146.59

0.29 (0.20%)

FXE

Euro Currency Trust

$105.10

-0.43 (-0.41%)

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UBSFY

Ubisoft

$0.00

(0.00%)

17:32
01/17/20
01/17
17:32
01/17/20
17:32
Periodicals
Ubisoft to restructure editorial team after difficult 2019, VGC reports »

Ubisoft intends to…

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  • 17

    Jan

  • 18

    Feb

IMVT

Immunovant

$17.04

-0.01 (-0.06%)

17:27
01/17/20
01/17
17:27
01/17/20
17:27
Syndicate
Breaking Syndicate news story on Immunovant »

Immunovant files to sell…

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TBLT

ToughBuilt

$0.33

-0.0255 (-7.11%)

17:20
01/17/20
01/17
17:20
01/17/20
17:20
Syndicate
ToughBuilt files to sell common stock, no amount given »

Maxim acted as sole book…

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MYO

Myomo

$0.32

0.0062 (1.98%)

17:18
01/17/20
01/17
17:18
01/17/20
17:18
Conference/Events
Myomo to host special shareholder meeting »

Special Shareholder…

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  • 21

    Jan

SRRA

Sierra Oncology

$0.40

-0.02 (-4.76%)

17:14
01/17/20
01/17
17:14
01/17/20
17:14
Conference/Events
Sierra Oncology to host virtual special shareholder meeting »

Virtual Special…

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  • 21

    Jan

SRNE

Sorrento Therapeutics

$4.26

-0.15 (-3.40%)

17:10
01/17/20
01/17
17:10
01/17/20
17:10
Syndicate
Breaking Syndicate news story on Sorrento Therapeutics »

Sorrento Therapeutics…

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AKER

Akers Biosciences

$3.45

-0.1 (-2.82%)

17:01
01/17/20
01/17
17:01
01/17/20
17:01
Hot Stocks
Akers Biosciences reaches settlement agreements on two derivative actions »

Akers Biosciences…

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ECA

Encana

$4.09

-0.18 (-4.22%)

16:40
01/17/20
01/17
16:40
01/17/20
16:40
Hot Stocks
Encana receives court approval for reorganization »

Encana Corporation…

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  • 29

    Jan

MBRX

Moleculin Biotech

$0.96

0.0122 (1.29%)

16:38
01/17/20
01/17
16:38
01/17/20
16:38
Syndicate
Breaking Syndicate news story on Moleculin Biotech »

Moleculin Biotech files…

03/08/13
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VOD

Vodafone

$20.07

-0.225 (-1.11%)

, BT

BT Group

$0.00

(0.00%)

16:37
01/17/20
01/17
16:37
01/17/20
16:37
Periodicals
BT, Vodafone consider urging PM Johnson not to ban Huawei in U.K., Reuters says »

BT Group (BT) and…

VOD

Vodafone

$20.07

-0.225 (-1.11%)

BT

BT Group

$0.00

(0.00%)

03/08/13
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03/06/13
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03/06/13
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16:30
01/17/20
01/17
16:30
01/17/20
16:30
Options
Preliminary option volume of 28.7M today »

Preliminary option volume…

NSCO

Nesco Holdings

$5.12

0.025 (0.49%)

16:26
01/17/20
01/17
16:26
01/17/20
16:26
Syndicate
Nesco Holdings requests withdrawal of registration statement »

Nesco Holdings has…

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GPS

Gap

$18.54

-0.075 (-0.40%)

, CMCSA

Comcast

$47.48

0.62 (1.32%)

16:20
01/17/20
01/17
16:20
01/17/20
16:20
On The Fly
Fly Intel: Wall Street's top stories for Friday »

The major averages were…

GPS

Gap

$18.54

-0.075 (-0.40%)

CMCSA

Comcast

$47.48

0.62 (1.32%)

CMCSK

Comcast

$0.00

(0.00%)

PLAY

Dave & Buster's

$47.35

5.3 (12.60%)

KKR

KKR

$31.20

0.7 (2.30%)

BA

Boeing

$324.11

-7.89 (-2.38%)

JNJ

Johnson & Johnson

$149.07

0.82 (0.55%)

SWK

Stanley Black & Decker

$172.63

2.18 (1.28%)

TWOU

2U

$22.84

1.05 (4.82%)

BE

Bloom Energy

$9.70

0.43 (4.64%)

MGPI

MGP Ingredients

$38.16

-14.74 (-27.86%)

FAST

Fastenal

$36.77

-0.55 (-1.47%)

03/08/13
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  • 17

    Jan

  • 20

    Jan

  • 22

    Jan

  • 23

    Jan

  • 29

    Jan

  • 29

    Jan

  • 31

    Jan

  • 26

    Feb

  • 27

    Feb

  • 09

    Mar

  • 17

    Mar

APLS

Apellis

$40.43

0.03 (0.07%)

16:18
01/17/20
01/17
16:18
01/17/20
16:18
Hot Stocks
Apellis CEO sells 30.6K shares of common stock »

In a regulatory filing,…

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
01/17/20
01/17
16:17
01/17/20
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was above average…

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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$NYE

NYSE Market Internals

$0.00

(0.00%)

16:16
01/17/20
01/17
16:16
01/17/20
16:16
Technical Analysis
NYSE market internals summary »

Volume is above average…

03/08/13
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03/06/13
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16:15
01/17/20
01/17
16:15
01/17/20
16:15
General news
Treasury Market Summary »

Treasury Market Summary:…

LGC

Legacy Acquisition Corp

$10.33

(0.00%)

16:08
01/17/20
01/17
16:08
01/17/20
16:08
Hot Stocks
Legacy Acquisition Corp extends date to consummate proposed business combination »

Legacy Acquisition Corp…

03/08/13
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GNUS

Genius Brands

$0.33

-0.015 (-4.41%)

16:04
01/17/20
01/17
16:04
01/17/20
16:04
Syndicate
Breaking Syndicate news story on Genius Brands »

Genius Brands files $50M…

03/08/13
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03/06/13
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03/06/13
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BBY

Best Buy

$90.21

1.28 (1.44%)

16:04
01/17/20
01/17
16:04
01/17/20
16:04
Periodicals
Best Buy board opens investigation into CEO's personal conduct, WSJ says »

The board of Best Buy is…

03/08/13
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