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PB

Prosperity Bancshares

$71.60

0.33 (0.46%)

06:35
10/23/19
10/23
06:35
10/23/19
06:35

Prosperity Bancshares raises dividend by 12.2% to 46c per share

Prosperity Bancshares declared a fourth quarter cash dividend of $0.46 per share to be paid on January 2, 2020 to all shareholders of record as of December 16.

  • 23

    Oct

PB Prosperity Bancshares
$71.60

0.33 (0.46%)

06/18/19
RAJA
06/18/19
UPGRADE
RAJA
Market Perform
Prosperity Bancshares upgraded after merger announcement at Raymond James
Raymond James analyst Michael Rose upgraded Prosperity Bancshares (PB) to Market Perform from Underperform following the company's merger with LegacyTexas Financial (LTXB). In a research note to investors, Rose says the transaction provides meaningful scale in some of the most attractive markets in the country, and says he views the merger positively, as it combines LegacyTexas' loan growth engine with Prosperity's strong deposit base, all while maintaining a core Texas footprint.
06/18/19
06/18/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Bank of America (BAC) upgraded to Outperform from Market Perform at BMO Capital with analyst James Fotheringham expecting upward consensus estimates revisions and a "multiple re-rating" to drive 34% total return in the shares. 2. SunPower (SPWR), SunRun (RUN) upgraded to Buy from Neutral as SolarEdge (SEDG) upgraded to Neutral from Sell at Goldman Sachs with analyst Brian Lee anticipating "volume tailwinds" in the second half of 2019 given the recent signs of strength in the sector's financing environment. 3. CNH Industrial (CNHI) upgraded to Hold from Sell at Deutsche Bank with analyst Chad Dillard saying he's turning positive on North America large agriculture. 4. U.S. Cellular (USM), Telephone and Data (TDS) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Simon Flannery stating that he sees both stocks as "very attractively valued" with each down over 20% from their recent peak levels. 5. Prosperity Bancshares (PB) upgraded to Market Perform from Underperform at Raymond James with analyst Michael Rose saying the LegacyTexas Financial (LTXB) transaction provides meaningful scale in some of the most attractive markets in the country. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/19/19
RHCO
06/19/19
DOWNGRADE
Target $41
RHCO
Hold
LegacyTexas Financial downgraded after merger announcement at SunTrust
SunTrust analyst Michael Young downgraded LegacyTexas Financial (LTXB) to Hold from Buy and lowered his price target to $41 from $43 after the company's merger with Prosperity Bancshares (PB). The analyst says the rating change is a "realization" of his prior bullish investment thesis, as the company has built a commercial banking franchise with scale in the "highly desired" Dallas Fort Worth market. Young also sees the potential risk to the deal from a higher bid as "very unlikely".
09/24/19
MSCO
09/24/19
NO CHANGE
MSCO
Large-cap banks aren't gaining deposit market share, says Morgan Stanley
Morgan Stanley analyst Ken Zerbe said he continues to hear the "false narrative" that large-cap banks must be gaining market share due to their superior technology, but he insists they are not and that small and mid-cap banks have consistently gained deposit market share over the last five years. Individual large-cap banks that have had the biggest deposit share gains include Goldman Sachs (GS), Ally Financial (ALLY) and Synchrony Financial (SYF), while mid-cap banks that have delivered the biggest gains in share of total deposits include First Republic (FRC), KeyCorp (KEY) and Huntington (HBAN), Zerbe tells investors. Large-cap banks that have seen the largest declines in their respective individual shares of total deposits include JPMorgan (JPM), Wells Fargo (WFC) and Citigroup (C), while deposit share losers among mid-cap banks include Comerica (CMA), Prosperity Bancshares (PB) and Zions (ZION), said Zerbe.

TODAY'S FREE FLY STORIES

11:10
11/19/19
11/19
11:10
11/19/19
11:10
General news
FX Action: USD-JPY »

FX Action: USD-JPY has…

AWRE

Aware

$2.93

(0.00%)

11:07
11/19/19
11/19
11:07
11/19/19
11:07
Hot Stocks
Aware appoints Mohamed Lazzouni as CTO »

Aware announced that…

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11:06
11/19/19
11/19
11:06
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11:06
General news
8-Week Bill Announcement Offering Amount data reported »

8-Week Bill Announcement…

11:06
11/19/19
11/19
11:06
11/19/19
11:06
General news
4-Week Bill Announcement Offering Amount data reported »

4-Week Bill Announcement…

MDCO

The Medicines Co.

$69.90

11.24 (19.16%)

, NVS

Novartis

$90.20

-0.08 (-0.09%)

11:06
11/19/19
11/19
11:06
11/19/19
11:06
Recommendations
The Medicines Co., Novartis analyst commentary  »

JPMorgan says Medicines…

MDCO

The Medicines Co.

$69.90

11.24 (19.16%)

NVS

Novartis

$90.20

-0.08 (-0.09%)

03/08/13
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  • 07

    Dec

PDD

Pinduoduo

$40.14

-1.41 (-3.39%)

11:05
11/19/19
11/19
11:05
11/19/19
11:05
Options
Pinduoduo call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/06/13
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  • 20

    Nov

VRTX

Vertex

$213.24

3.23 (1.54%)

, CRSP

Crispr Therapeutics

$72.97

14.45 (24.69%)

11:03
11/19/19
11/19
11:03
11/19/19
11:03
Recommendations
Vertex, Crispr Therapeutics analyst commentary  »

Cantor boosts Vertex…

VRTX

Vertex

$213.24

3.23 (1.54%)

CRSP

Crispr Therapeutics

$72.97

14.45 (24.69%)

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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  • 19

    Nov

  • 07

    Dec

  • 19

    Mar

W

Wayfair

$84.93

-1.5 (-1.74%)

, AMZN

Amazon.com

$1,751.03

-1.67 (-0.10%)

10:57
11/19/19
11/19
10:57
11/19/19
10:57
Periodicals
Citron accuses Wayfair of lying, says shares headed to $45 »

Andrew Left's Citron…

W

Wayfair

$84.93

-1.5 (-1.74%)

AMZN

Amazon.com

$1,751.03

-1.67 (-0.10%)

RH

RH

$181.50

-6.08 (-3.24%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 19

    Nov

  • 20

    Nov

  • 19

    Dec

MCS

Marcus

$33.79

0.305 (0.91%)

10:57
11/19/19
11/19
10:57
11/19/19
10:57
Conference/Events
Benchmark services/entertainment analysts hold analyst/industry conference call »

Consumer…

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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  • 19

    Nov

  • 02

    Dec

SPY

SPDR S&P 500 ETF Trust

$311.90

-0.11 (-0.04%)

10:50
11/19/19
11/19
10:50
11/19/19
10:50
Options
Massive collar trade in SPY tied to 4M shares suggests sentiment shift »

Massive collar trade in…

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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10:50
11/19/19
11/19
10:50
11/19/19
10:50
General news
Treasury Action: yields are extending lower as stocks sag »

Treasury Action: yields…

W

Wayfair

$84.99

-1.44 (-1.67%)

10:48
11/19/19
11/19
10:48
11/19/19
10:48
Hot Stocks
Breaking Hot Stocks news story on Wayfair »

Wayfair shares down 2% to…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 19

    Dec

W

Wayfair

$84.99

-1.44 (-1.67%)

10:48
11/19/19
11/19
10:48
11/19/19
10:48
Periodicals
Breaking Periodicals news story on Wayfair »

Citron Research puts…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 19

    Dec

W

Wayfair

$84.99

-1.44 (-1.67%)

10:48
11/19/19
11/19
10:48
11/19/19
10:48
Periodicals
Breaking Periodicals news story on Wayfair »

Citron Research puts…

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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  • 19

    Dec

CDE

Coeur Mining

$6.69

0.055 (0.83%)

10:45
11/19/19
11/19
10:45
11/19/19
10:45
Options
Coeur Mining call volume above normal and directionally bullish »

Bullish option flow…

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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10:45
11/19/19
11/19
10:45
11/19/19
10:45
General news
Breaking General news story  »

4-Week Bill Announcement…

10:45
11/19/19
11/19
10:45
11/19/19
10:45
General news
Breaking General news story  »

8-Week Bill Announcement…

10:40
11/19/19
11/19
10:40
11/19/19
10:40
General news
FX Action: USD-CAD »

FX Action: USD-CAD…

HCM

Hutchison China MediTech

$23.59

(0.00%)

10:33
11/19/19
11/19
10:33
11/19/19
10:33
Initiation
Hutchison China MediTech initiated  »

Hutchison China MediTech…

03/08/13
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03/06/13
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JWN

Nordstrom

$35.16

-2.72 (-7.18%)

10:30
11/19/19
11/19
10:30
11/19/19
10:30
Options
Selloff in Nordstrom's prompts vertical put spread to roll position »

Selloff in…

03/08/13
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  • 20

    Nov

  • 21

    Nov

  • 05

    Dec

HOG

Harley-Davidson

$37.03

-0.535 (-1.42%)

10:28
11/19/19
11/19
10:28
11/19/19
10:28
Conference/Events
UBS leisure/finance analysts to hold an analyst/industry conference call »

Leisure Analyst Farley…

03/08/13
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03/06/13
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03/06/13
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CSOD

Cornerstone OnDemand

$59.41

-0.05 (-0.08%)

10:27
11/19/19
11/19
10:27
11/19/19
10:27
Periodicals
Cornerstone OnDemand a candidate for activist pressure, Dealreporter says »

Cornerstone OnDemand,…

03/08/13
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  • 20

    Nov

  • 21

    Nov

NCR

NCR Corp.

$33.52

-0.08 (-0.24%)

10:25
11/19/19
11/19
10:25
11/19/19
10:25
Conference/Events
NCR Corp. management to meet with Benchmark »

Meeting to be held in…

03/08/13
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03/06/13
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03/06/13
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  • 19

    Nov

  • 19

    Nov

  • 21

    Nov

TLRY

Tilray

$20.11

0.23 (1.16%)

10:25
11/19/19
11/19
10:25
11/19/19
10:25
Options
Tilray call volume above normal and directionally bullish »

Bullish option flow…

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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TJX

TJX

$60.85

1.31 (2.20%)

10:24
11/19/19
11/19
10:24
11/19/19
10:24
Recommendations
TJX analyst commentary  »

TJX reported…

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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  • 19

    Nov

  • 05

    Dec

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