Breaking News Instant updates and real-time market news.

FDP

Fresh Del Monte

$37.56

-0.57 (-1.49%)

, CRAY

Cray

$35.00

(0.00%)

04:55
09/30/19
09/30
04:55
09/30/19
04:55

Fresh Del Monte to replace Cray in S&P 600 at open on 9/30

Hewlett Packard Enterprise (HPE) is acquiring Cray (CRAY) in a transaction expected to be completed soon pending final conditions.

FDP

Fresh Del Monte

$37.56

-0.57 (-1.49%)

CRAY

Cray

$35.00

(0.00%)

HPE

HP Enterprise

$14.99

0.35 (2.39%)

  • 01

    Oct

  • 23

    Oct

FDP Fresh Del Monte
$37.56

-0.57 (-1.49%)

CRAY Cray
$35.00

(0.00%)

05/20/19
CHLM
05/20/19
DOWNGRADE
Target $35
CHLM
Hold
Cray downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst Chad Bennett downgraded Cray (CRAY) to Hold from Buy and lowered his price target on the shares to $35 from $36 after HP Enterprise (HPE) announced that it has entered into an agreement to purchase the company for $35.00 per share in cash, totaling $1.3B net of cash. The analyst believes the possibility of another buyer coming in over the top is fairly low, but notes that the price is "too low" based on the opportunities Cray has in front of it over the next few years. Furthermore, Bennett believes there would be a number of interested parties in Cray including Microsoft (MSFT), Dell (DELL), Intel (INTC), Alphabet (GOOG), Amazon (AMZN), and potentially IBM (IBM).
05/23/19
KEYB
05/23/19
DOWNGRADE
KEYB
Sector Weight
Cray downgraded to Sector Weight from Overweight at KeyBanc
KeyBank analyst Alex Kurtz downgraded Cray (CRAY) to Sector Weight from Overweight after its announced takeover by HP Enterprise (HPE).
05/24/19
KEYB
05/24/19
DOWNGRADE
KEYB
Sector Weight
Cray downgraded to Sector Weight from Overweight at KeyBanc
As previously reported, KeyBanc analyst Alex Kurtz downgraded Cray (CRAY) to Sector Weight from Overweight after its announced takeover by HP Enterprise (HPE). In a research note to investors, Kurtz says he believes there has been "ample" time for a second bid to have emerged since the deal announced last Friday and no longer views another bid emerging as likely.
08/09/19
RBCM
08/09/19
NO CHANGE
Target $44
RBCM
Outperform
AMD announcement with Cray didn't get attention it deserved, says RBC Capital
RBC Capital analyst Mitch Steves said the focus during AMD's (AMD) launch event was clearly on Google Cloud (GOOGL) and enterprise wins with HPE (HPE) and Dell (DELL), but he contends that the company's announcement with Cray (CRAY) "did not get the attention it deserved." Looking at the build of materials for the Cray products, the combined content for AMD is likely around 25% and he "wouldn't be surprised to see 15-20%" of the $1B in bookings go to AMD, said Steves, who raised his "Street high" price target on AMD shares to $44 from $43 and keeps an Outperform rating on the stock.
HPE HP Enterprise
$14.99

0.35 (2.39%)

08/28/19
LOOP
08/28/19
NO CHANGE
Target $19
LOOP
Buy
HP Enterprise price target lowered to $19 from $23 at Loop Capital
Loop Capital analyst Ananda Baruah lowered his price target on HP Enterprise to $19 after its Q3 results, saying the "macro crosscurrents" had an impact on the company's revenues. The analyst keeps his Buy rating on the stock however, stating that the quarter saw "strong" operational EPS and free cash flow despite the "challenging" revenue environment. Baruah also contends that HP Enterprise will get an upside catalyst from improved visibility in FY20 when it begins in November, particularly if the company's "next-generation applications and Edge computing manifest."
08/29/19
ARGS
08/29/19
UPGRADE
ARGS
Buy
HP Enterprise upgraded to Buy from Hold at Argus
08/29/19
ARGS
08/29/19
UPGRADE
Target $18
ARGS
Buy
HP Enterprise upgraded to Buy from Hold at Argus
Argus analyst Jim Kelleher upgraded HP Enterprise to Buy with a price target of $18 after its Q3 earnings beat and raised FY19 guidance delivered earlier this week. The analyst notes that the company is facing "top-line challenges" but its positive earnings comparisons imply an "improving" sales mix. Following a multi-year period of underperformance, Kelleher also contends that HP Enterprise is offering "unrecognized value" thanks to its stronger operating model going forward.
08/29/19
08/29/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Jabil (JBL) double upgraded to Buy from Sell at Citi with analyst Jim Suva saying the company's customer concentration risk has played out. 2. HP Enterprise (HPE) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying the company is facing "top-line challenges" but its positive earnings comparisons imply an "improving" sales mix. 3. Fiserv (FISV) upgraded to Buy from Neutral at Citi with analyst Ashwin Shirvaikar saying Fiserv acquired an attractive asset in First Data and the stock of the combined company offers a good idea in a volatile market. 4. NextGen Healthcare (NXGN) upgraded to Sector Weight from Underweight at KeyBanc with analyst Donald Hooker saying he believes the compact is having success re-accelerating its organic revenue growth rates into the low-single digits. 5. Tallgrass Energy (TGE) upgraded to Neutral from Underperform at BofA/Merrill analyst Dennis Coleman citing the disclosure of a take-private proposal from Blackstone Infrastructure Partners earlier this week. 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

CNP

CenterPoint Energy

$26.68

-1.42 (-5.05%)

05:21
11/15/19
11/15
05:21
11/15/19
05:21
Downgrade
CenterPoint Energy rating change  »

CenterPoint Energy…

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

GPRK

GeoPark

$18.92

-0.02 (-0.11%)

05:20
11/15/19
11/15
05:20
11/15/19
05:20
Hot Stocks
GeoPark announces all-cash acquisition of Amerisur Resources »

GeoPark announces the…

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

MITK

Mitek Systems

$7.70

-0.34 (-4.23%)

05:18
11/15/19
11/15
05:18
11/15/19
05:18
Downgrade
Mitek Systems rating change  »

Mitek Systems 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

ATLKY

Atlas Copco

$0.00

(0.00%)

05:18
11/15/19
11/15
05:18
11/15/19
05:18
Downgrade
Atlas Copco rating change  »

Atlas Copco 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

SALRF

Salmar

$0.00

(0.00%)

05:16
11/15/19
11/15
05:16
11/15/19
05:16
Upgrade
Salmar rating change  »

Salmar upgraded to Hold…

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

CNP

CenterPoint Energy

$26.68

-1.42 (-5.05%)

05:14
11/15/19
11/15
05:14
11/15/19
05:14
Downgrade
CenterPoint Energy rating change  »

CenterPoint Energy…

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

DDAIF

Daimler AG

$0.00

(0.00%)

05:13
11/15/19
11/15
05:13
11/15/19
05:13
Downgrade
Daimler AG rating change  »

Daimler AG 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

SWAV

ShockWave Medical

$36.47

1.38 (3.93%)

05:11
11/15/19
11/15
05:11
11/15/19
05:11
Syndicate
ShockWave Medical 2.482M share Secondary priced at $36.25 »

The deal size was…

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

    Nov

05:10
11/15/19
11/15
05:10
11/15/19
05:10
General news
FX Action: The yen is trading softer »

FX Action: The yen is…

BGNE

BeiGene

$195.90

-1.25 (-0.63%)

05:09
11/15/19
11/15
05:09
11/15/19
05:09
Recommendations
BeiGene analyst commentary  »

BeiGene price target…

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

  • 07

    Dec

  • 27

    Feb

NXTC

NextCure

$38.60

0.85 (2.25%)

05:09
11/15/19
11/15
05:09
11/15/19
05:09
Syndicate
NextCure 4.08M share Secondary priced at $36.75 »

The deal size was…

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

    Nov

AAPL

Apple

$262.66

-1.86 (-0.70%)

05:05
11/15/19
11/15
05:05
11/15/19
05:05
Recommendations
Apple price target raised to $290 from $270 at Piper Jaffray »

Piper Jaffray analyst…

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

QCOM

Qualcomm

$90.48

0.03 (0.03%)

, AAPL

Apple

$262.66

-1.86 (-0.70%)

04:59
11/15/19
11/15
04:59
11/15/19
04:59
Upgrade
Qualcomm upgraded to Buy from Neutral at Mizuho »

Mizuho analyst Vijay…

QCOM

Qualcomm

$90.48

0.03 (0.03%)

AAPL

Apple

$262.66

-1.86 (-0.70%)

SSNLF

Samsung

$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

  • 19

    Nov

NUE

Nucor

$54.49

-0.2 (-0.37%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Nucor management to meet with KeyBanc »

Management participates…

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

    Nov

INS

Intelligent Systems

$42.26

-0.34 (-0.80%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Intelligent Systems management to meet with Sidoti »

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

  • 15

    Nov

EXPI

eXp World Holdings

$9.97

-0.08 (-0.80%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
eXp World Holdings management to meet with DA Davidson »

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

  • 15

    Nov

GSHD

Goosehead Insurance

$44.75

0.02 (0.04%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Goosehead Insurance 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

  • 15

    Nov

  • 03

    Dec

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Industrial Production Capacity Utilization Rate to be reported at 09:15 »

October Industrial…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Business Inventories to be reported at 10:00 »

September Business…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
CLSA to hold a forum »

22nd CLSA India Forum…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Breaking General news story  »

Week of 11/15…

TRGP

Targa Resources

$38.03

-0.28 (-0.73%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Targa Resources 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

  • 15

    Nov

UBX

Unity Biotechnology

$6.30

-0.26 (-3.96%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Unity Biotechnology management to meet with Mizuho »

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

  • 15

    Nov

  • 13

    Dec

CTSO

CytoSorbents

$4.24

-0.2 (-4.50%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
CytoSorbents management to meet with B. Riley FBR »

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

  • 15

    Nov

FTNT

Fortinet

$100.07

0.38 (0.38%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Fortinet management to meet with MKM Partners »

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

  • 15

    Nov

  • 18

    Nov

  • 19

    Nov

  • 05

    Dec

  • 06

    Dec

  • 09

    Dec

  • 12

    Dec

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.