Breaking News Instant updates and real-time market news.

KMT

Kennametal

$29.76

-0.97 (-3.16%)

07:16
10/22/19
10/22
07:16
10/22/19
07:16

Kennametal price target lowered to $25 from $30.50 at BMO Capital

BMO Capital analyst Joel Tiss lowered his price target on Kennametal to $25 and kept his Market Perform rating after the company cut its FY20 guidance by $1.10 at the midpoint to $1.90. The analyst notes that his forecast was already below consensus given his low confidence regarding recovery of demand, but sees Kennametal's revision as much greater than estimated. Tiss also contends that the the floor on the stock will be closer to $20 with few signs that a second-half recovery will take place.

  • 29

    Oct

  • 05

    Nov

  • 14

    Nov

KMT Kennametal
$29.76

-0.97 (-3.16%)

07/16/19
07/16/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Home Depot (HD) downgraded to Hold from Buy at Gabelli with analyst Alvaro Lacayo citing valuation. 2. Sonoco (SON) downgraded to Underperform from Market Perform at BMO Capital with analyst Mark Wilde saying the the stock has run up 21% year-to-date and now trades at about 10.5-times his expected FY19 EBITDA and at 6.1% free cash flow yield, both of which are at the high end of their historical valuation ranges. 3. Parker-Hannifin (PH) downgraded to Sell from Neutral at Goldman Sachs with analyst Joseph Ritchie saying he shuffled his ratings in the Americas Multi-Industry ahead of the Q2 earnings season. He sees a "rocky road ahead." 4. FactSet (FDS) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst saying the company's "decelerating" earnings growth brings risk to its "full" valuation. 5. Kennametal (KMT) double downgraded to Sell from Buy at Goldman Sachs. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/21/19
BMOC
08/21/19
NO CHANGE
Target $30.5
BMOC
Market Perform
Kennametal price target lowered to $30.50 from $37 at BMO Capital
BMO Capital analyst Joel Tiss lowered his price target on Kennametal to $30.50 and kept his Market Perform rating, saying the stock will "keep marking time" as the company continues its ongoing restructuring process of operating "simplification" and modernization initiatives. The analyst believes that Kennametal will ultimately be "structurally stronger" with a reduced headcount and a line-up of more modern equipment that will reduce is manufacturing costs and improve production flexibility.
10/22/19
LBOW
10/22/19
DOWNGRADE
LBOW
Neutral
Kennametal downgraded to Neutral from Buy at Longbow
Longbow analyst Chris Dankert downgraded Kennametal to Neutral from Buy without a price target.
10/22/19
LBOW
10/22/19
DOWNGRADE
LBOW
Neutral
Longbow downgrades Kennametal following negative preannouncement
Longbow analyst Chris Dankert downgraded Kennametal to Neutral from Buy without a price target. The "rapid erosion" in end demand has resulted in a negative preannouncement and a sharp reduction to estimates, Dankert tells investors in a research note. Further, the analyst believes additional deterioration and destocking presents additional downside risk. Input costs and negative contract pricing remain headwinds in the near-term for Kennametal, he says.

TODAY'S FREE FLY STORIES

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
11/19/19
11/19
13:17
11/19/19
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
11/19/19
11/19
13:16
11/19/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

MUR

Murphy Oil

$23.43

-0.29 (-1.22%)

13:15
11/19/19
11/19
13:15
11/19/19
13:15
Options
Murphy Oil put volume heavy and directionally bearish »

Bearish flow noted 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

ABMD

Abiomed

$182.47

4.45 (2.50%)

13:14
11/19/19
11/19
13:14
11/19/19
13:14
Hot Stocks
Abiomed says AHA analysis of Impella 'flawed' »

The Abiomed medical…

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

TGT

Target

$110.46

-0.13 (-0.12%)

, LOW

Lowe's

$113.37

-1.66 (-1.44%)

13:14
11/19/19
11/19
13:14
11/19/19
13:14
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

TGT

Target

$110.46

-0.13 (-0.12%)

LOW

Lowe's

$113.37

-1.66 (-1.44%)

NTES

NetEase

$287.03

-3.07 (-1.06%)

CPRT

Copart

$86.50

0.49 (0.57%)

LB

L Brands

$17.21

-0.65 (-3.64%)

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

  • 20

    Nov

  • 20

    Nov

  • 20

    Nov

  • 21

    Nov

  • 21

    Nov

  • 05

    Dec

  • 06

    Dec

URBN

Urban Outfitters

$29.13

-1.03 (-3.42%)

, ALC

Alcon

$58.96

0.07 (0.12%)

13:14
11/19/19
11/19
13:14
11/19/19
13:14
Earnings
Notable companies reporting after market close »

Notable companies…

URBN

Urban Outfitters

$29.13

-1.03 (-3.42%)

ALC

Alcon

$58.96

0.07 (0.12%)

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

  • 20

    Nov

  • 02

    Dec

  • 05

    Dec

GOOG

Alphabet

$1,318.29

-0.16 (-0.01%)

, GOOGL

Alphabet Class A

$1,316.50

-3.67 (-0.28%)

13:09
11/19/19
11/19
13:09
11/19/19
13:09
Hot Stocks
Google introduces Your News Update »

Google said in a blog…

GOOG

Alphabet

$1,318.29

-0.16 (-0.01%)

GOOGL

Alphabet Class A

$1,316.50

-3.67 (-0.28%)

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

CANN

General Cannabis

$0.00

(0.00%)

13:06
11/19/19
11/19
13:06
11/19/19
13:06
Hot Stocks
General Cannabis to sell Greenhouse Office building for approx. $1.7M »

General Cannabis Corp.…

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

MGM

MGM Resorts

$31.90

0.38 (1.21%)

13:05
11/19/19
11/19
13:05
11/19/19
13:05
Options
MGM Resorts call volume above normal and directionally bullish »

Bullish option flow…

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

CMI

Cummins

$183.46

-0.13 (-0.07%)

, TSLA

Tesla

$358.76

8.77 (2.51%)

13:01
11/19/19
11/19
13:01
11/19/19
13:01
Hot Stocks
Electric truck firm Nikola to unveil 'game-changing' battery cell technology »

Nikola Motor, which…

CMI

Cummins

$183.46

-0.13 (-0.07%)

TSLA

Tesla

$358.76

8.77 (2.51%)

NAV

Navistar

$32.22

-0.3 (-0.92%)

GM

General Motors

$36.60

-0.02 (-0.05%)

PCAR

Paccar

$79.50

-0.48 (-0.60%)

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

CRSP

Crispr Therapeutics

$67.82

9.3 (15.89%)

12:57
11/19/19
11/19
12:57
11/19/19
12:57
Recommendations
Crispr Therapeutics analyst commentary  »

Crispr Therapeutics price…

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

  • 07

    Dec

EPD

Enterprise Products

$25.24

-0.54 (-2.09%)

12:55
11/19/19
11/19
12:55
11/19/19
12:55
Options
Enterprise Products put volume heavy and directionally bearish »

Bearish flow noted 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

MO

Altria Group

$47.25

-1.09 (-2.25%)

12:47
11/19/19
11/19
12:47
11/19/19
12:47
Recommendations
Altria Group analyst commentary  »

Altria slide on Juul…

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

  • 30

    Jan

MRK

Merck

$84.13

0.01 (0.01%)

12:44
11/19/19
11/19
12:44
11/19/19
12:44
Hot Stocks
Merck boosts quarterly dividend to 61c from 55c »

Merck announced that its…

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

  • 10

    Dec

  • 24

    Jan

  • 24

    Jan

  • 05

    Feb

  • 14

    Mar

FNV

Franco-Nevada

$99.27

0.25 (0.25%)

12:40
11/19/19
11/19
12:40
11/19/19
12:40
Options
Put spread in Franco Nevada rolls position to higher delta »

Put spread in Franco…

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

IBCP

Independent Bank

$22.47

0.09 (0.40%)

12:39
11/19/19
11/19
12:39
11/19/19
12:39
Hot Stocks
Independent Bank CFO Robert Shuster sells over $185K in company shares »

Independent Bank CFO…

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

    Jan

NFLX

Netflix

$302.89

0.22 (0.07%)

, DIS

Disney

$148.62

0.97 (0.66%)

12:37
11/19/19
11/19
12:37
11/19/19
12:37
Periodicals
Survey finds Netflix cancelers blame price hikes, content for leaving, blog says »

Helen Back wrote in the…

NFLX

Netflix

$302.89

0.22 (0.07%)

DIS

Disney

$148.62

0.97 (0.66%)

AAPL

Apple

$266.45

-0.58 (-0.22%)

CMCSA

Comcast

$44.69

0.08 (0.18%)

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

  • 21

    Nov

  • 09

    Dec

  • 10

    Dec

AUPH

Aurinia Pharmaceuticals

$5.92

0.17 (2.96%)

12:25
11/19/19
11/19
12:25
11/19/19
12:25
Options
Aurinia Pharmaceuticals call volume above normal and directionally bullish »

Bullish option flow…

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

GOOG

Alphabet

$1,318.96

0.51 (0.04%)

, GOOGL

Alphabet Class A

$1,318.08

-2.09 (-0.16%)

12:19
11/19/19
11/19
12:19
11/19/19
12:19
Periodicals
'Big Tech' firms 'defend' themselves in responses to regulators, Reuters says »

Alphabet's Google…

GOOG

Alphabet

$1,318.96

0.51 (0.04%)

GOOGL

Alphabet Class A

$1,318.08

-2.09 (-0.16%)

FB

Facebook

$199.25

1.8 (0.91%)

AMZN

Amazon.com

$1,753.39

0.69 (0.04%)

AAPL

Apple

$266.15

-0.88 (-0.33%)

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

  • 20

    Nov

  • 26

    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
11/19/19
11/19
12:17
11/19/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
11/19/19
11/19
12:16
11/19/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

Z

Zillow

$38.77

-1.17 (-2.93%)

12:15
11/19/19
11/19
12:15
11/19/19
12:15
Options
Zillow put volume heavy and directionally bearish »

Bearish flow noted 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

MSFT

Microsoft

$151.08

0.73 (0.49%)

12:12
11/19/19
11/19
12:12
11/19/19
12:12
Periodicals
Microsoft's Spencer says Xbox Scarlett aims to support Play Anywhere, IGN says »

Xbox boss Phil Spencer…

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

  • 20

    Nov

  • 04

    Dec

  • 09

    Dec

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$312.06

0.05 (0.02%)

12:10
11/19/19
11/19
12:10
11/19/19
12:10
Periodicals
Trump threatens higher tariffs on China with no trade deal, CNBC reports »

President Trump, in…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$312.06

0.05 (0.02%)

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

$90.13

-0.15 (-0.17%)

12:06
11/19/19
11/19
12:06
11/19/19
12:06
Hot Stocks
Novartis granted orphan status for PIK3CA-related overgrowth spectrum »

The FDA granted Novartis…

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

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.