Breaking News Instant updates and real-time market news.

BA

Boeing

$349.65

12.2 (3.62%)

10:34
10/23/19
10/23
10:34
10/23/19
10:34

Boeing CEO says 'regrets' difficulties that release of IM document has presented

Says "understands entirely" the scrutiny the instant message document is receiving. Says "committed" to working with authorities and Congress as they continue their investigations.

  • 23

    Oct

BA Boeing
$349.65

12.2 (3.62%)

10/21/19
STFL
10/21/19
DOWNGRADE
Target $60
STFL
Hold
Stifel downgrades Southwest on risk of deal to lessen Boeing dependency
Stifel analyst Joseph DeNardi downgraded Southwest Airlines (LUV) to Hold from Buy with a price target of $60, down from $75. The stock in morning trading is up 7c to $53.55. Southwest is an all Boeing (BA) 737 airline, which makes its business model dependent on 737s, DeNardi tells investors in a research note. Southwest's decision to remove the 737 MAX from its schedule through early February, a "deteriorating" relationship between the Federal Aviation Administration and Boeing, and reports that Boeing may be looking at a 737 MAX rate cut indicate that Southwest "may be nearing a tipping point" where the duration of the MAX grounding pushes it to consider more significant and strategic solutions, including acquisitions, DeNardi contends. The analyst believes an acquisition by Southwest motivated by a desire to diversify away from the MAX "creates significant risks" in the near term for the company. DeNardi today also upgraded shares of JetBlue Airways (JBLU) to Buy from Hold.
10/21/19
STFL
10/21/19
UPGRADE
Target $24
STFL
Buy
JetBlue could be worth $28 in a takeout scenario, says Stifel
Stifel analyst Joseph DeNardi upgraded JetBlue to Buy from Hold with a price target of $24, up from $22. In a research note to investors, DeNardi says that a prolonged grounding of Boeing's (BA) 737 MAX is an "existential threat" to Southwest's (LUV) business model and that the "only reasonable option" Southwest has to address this risk is through an acquisition of JetBlue or Alaska Air (ALK). When combined with JetBlue's attractive CASMx story into 2020, the analyst now sees the increased likelihood of M&A as presenting a sufficiently attractive risk/reward setup to justify an upgrade. JetBlue could be worth $28 in a takeout scenario, DeNardi says. The Stifel analyst downgraded Southwest to Hold from Buy.
10/21/19
10/21/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Boeing (BA) downgraded to Neutral from Outperform at Credit Suisse and to Neutral from Buy at UBS. 2. Spirit AeroSystems (SPR) downgraded to Neutral from Buy at UBS with analyst Myles Walton citing Spirit's "outsized exposure" to Boeing's (BA) 737 Max program for the downgrade. 3. Gildan Activewear (GIL) downgraded to Hold from Buy at Edward Jones. 4. IBM (IBM) downgraded to Neutral from Buy at UBS with analyst Munjal Shah saying he believes it will be difficult for the company to achieve sustainable mid-single digit revenue growth. 5. Alcoa (AA) downgraded to Hold from Buy at Gabelli with analyst Justin Bergner saying Acloa's 12% two day post-earnings rally reflected better than expected proceeds from non-core asset sales and a view that estimates have bottomed. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/22/19
BUCK
10/22/19
NO CHANGE
Target $395
BUCK
Neutral
Buckingham no longer tactically bullish on Boeing amid continued negative news
Buckingham analyst Richard Safran continues to believe issues with Boeing's 737 MAX will be resolved and he sees a year end return to service for the aircraft. However, in light of continued negative news flow and increasingly negative investor sentiment, he has changed his view on the stock and is no longer tactically bullish. He keeps a Neutral rating and $395 price target on Boeing shares.

TODAY'S FREE FLY STORIES

HSII

Heidrick & Struggles

$29.39

-0.04 (-0.14%)

13:50
11/18/19
11/18
13:50
11/18/19
13:50
Initiation
Heidrick & Struggles initiated  »

Heidrick & Struggles…

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

13:50
11/18/19
11/18
13:50
11/18/19
13:50
General news
Fed's Mester said she would have preferred to have kept rates steady »

Fed's Mester said…

CL

Colgate-Palmolive

$67.08

0.71 (1.07%)

13:45
11/18/19
11/18
13:45
11/18/19
13:45
Options
Colgate Palmolive 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

KRTX

Karuna Therapeutics

$73.20

55.94 (324.10%)

13:43
11/18/19
11/18
13:43
11/18/19
13:43
Recommendations
Karuna Therapeutics analyst commentary  »

Karuna 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

  • 18

    Nov

STNE

StoneCo

$37.17

-0.73 (-1.93%)

13:35
11/18/19
11/18
13:35
11/18/19
13:35
Options
StoneCo 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

  • 21

    Nov

13:35
11/18/19
11/18
13:35
11/18/19
13:35
General news
Treasury Action: yields remain modestly lower on the day »

Treasury Action: yields…

I

Intelsat

$11.26

-2.14 (-15.97%)

13:29
11/18/19
11/18
13:29
11/18/19
13:29
Hot Stocks
CBA responds to announcement by FCC Chair regarding C-band spectrum proceeding »

The C-Band Alliance, or…

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

    Dec

ARWR

Arrowhead

$48.38

0.95 (2.00%)

13:27
11/18/19
11/18
13:27
11/18/19
13:27
Recommendations
Arrowhead analyst commentary  »

Arrowhead data validates…

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

  • 25

    Nov

CMCSK

Comcast

$0.00

(0.00%)

, CMCSA

Comcast

$44.27

-0.27 (-0.61%)

13:25
11/18/19
11/18
13:25
11/18/19
13:25
Hot Stocks
Altitude Sports files antitrust suit against Comcast »

Altitude Sports &…

CMCSK

Comcast

$0.00

(0.00%)

CMCSA

Comcast

$44.27

-0.27 (-0.61%)

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

  • 09

    Dec

EQT

EQT Corporation

$9.70

-0.64 (-6.19%)

13:25
11/18/19
11/18
13:25
11/18/19
13:25
Options
EQT Corporation 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

  • 09

    Dec

  • 10

    Dec

AGIO

Agios Pharmaceuticals

$36.81

1.17 (3.28%)

, ETNB

89bio

$27.29

1.26 (4.84%)

13:25
11/18/19
11/18
13:25
11/18/19
13:25
On The Fly
Fly Insider: 89Bio, Addus Homecare among week's notable insider trades »

Welcome to "Fly Insider,"…

AGIO

Agios Pharmaceuticals

$36.81

1.17 (3.28%)

ETNB

89bio

$27.29

1.26 (4.84%)

GRTX

Galera Therapeutics

$12.06

0.11 (0.92%)

ARVN

Arvinas

$31.31

0.89 (2.93%)

TRN

Trinity Industries

$20.92

-0.295 (-1.39%)

ADUS

Addus HomeCare

$85.34

1.07 (1.27%)

AL

Air Lease

$44.90

-0.58 (-1.28%)

AMED

Amedisys

$155.36

2.65 (1.74%)

BLKB

Blackbaud

$83.98

0.23 (0.27%)

BOKF

BOK Financial

$81.03

-0.88 (-1.07%)

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

  • 09

    Dec

  • 13

    Dec

ZEN

Zendesk

$76.48

1.05 (1.39%)

13:22
11/18/19
11/18
13:22
11/18/19
13:22
Hot Stocks
Helpshift announces integration with Amazon Connect »

Helpshift announced 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

  • 19

    Nov

  • 09

    Dec

  • 11

    Dec

MO

Altria Group

$48.47

0.5 (1.04%)

13:19
11/18/19
11/18
13:19
11/18/19
13:19
Hot Stocks
California sues Juul for lack of oversight on sales to minors »

California Attorney…

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

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
11/18/19
11/18
13:17
11/18/19
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

I

Intelsat

$11.33

-2.07 (-15.45%)

13:16
11/18/19
11/18
13:16
11/18/19
13:16
Hot Stocks
Eutelsat says 'looks forward to engaging' with FCC on C-band spectrum plans »

Eutelsat Communications…

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

    Dec

$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
11/18/19
11/18
13:16
11/18/19
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

HD

Home Depot

$238.09

0.75 (0.32%)

, MDT

Medtronic

$112.01

-0.1 (-0.09%)

13:15
11/18/19
11/18
13:15
11/18/19
13:15
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

HD

Home Depot

$238.09

0.75 (0.32%)

MDT

Medtronic

$112.01

-0.1 (-0.09%)

TJX

TJX

$59.34

-0.45 (-0.75%)

TDG

TransDigm

$565.71

7.2 (1.29%)

ARMK

Aramark

$43.66

0.01 (0.02%)

KSS

Kohl's

$58.49

-0.61 (-1.03%)

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

  • 19

    Nov

  • 19

    Nov

  • 19

    Nov

  • 19

    Nov

  • 19

    Nov

  • 05

    Dec

  • 11

    Dec

WWD

Woodward

$113.93

-0.86 (-0.75%)

, BILI

Bilibili

$16.50

-0.21 (-1.26%)

13:15
11/18/19
11/18
13:15
11/18/19
13:15
Earnings
Notable companies reporting after market close »

Notable companies…

WWD

Woodward

$113.93

-0.86 (-0.75%)

BILI

Bilibili

$16.50

-0.21 (-1.26%)

ASH

Ashland

$79.01

0.39 (0.50%)

CCMP

Cabot Microelectronics

$135.97

-19.92 (-12.78%)

KRNT

Kornit Digital

$33.05

-1.15 (-3.36%)

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

  • 18

    Nov

  • 18

    Nov

  • 18

    Nov

  • 18

    Nov

  • 19

    Nov

  • 06

    Dec

ABMD

Abiomed

$197.70

-25.53 (-11.44%)

13:15
11/18/19
11/18
13:15
11/18/19
13:15
Options
Abiomed 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

WHR

Whirlpool

$143.76

-0.555 (-0.38%)

13:11
11/18/19
11/18
13:11
11/18/19
13:11
Periodicals
AHAM reports October shipments down 11.9% year-over-year, Bloomberg says »

The Association of Home…

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

$48.47

0.5 (1.04%)

13:11
11/18/19
11/18
13:11
11/18/19
13:11
Hot Stocks
California announces lawsuit against Juul for marketing to teens »

Altria (MO) owns a 35%…

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

VRTX

Vertex

$209.31

-0.66 (-0.31%)

, CRSP

Crispr Therapeutics

$58.25

1.44 (2.53%)

13:06
11/18/19
11/18
13:06
11/18/19
13:06
Recommendations
Vertex, Crispr Therapeutics analyst commentary  »

Piper says Vertex…

VRTX

Vertex

$209.31

-0.66 (-0.31%)

CRSP

Crispr Therapeutics

$58.25

1.44 (2.53%)

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

  • 19

    Mar

WHR

Whirlpool

$143.70

-0.61 (-0.42%)

13:05
11/18/19
11/18
13:05
11/18/19
13:05
Hot Stocks
Whirlpool down 1% in afternoon trading »

Contacts tell The Fly…

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

MRVL

Marvell

$26.67

-0.19 (-0.71%)

13:05
11/18/19
11/18
13:05
11/18/19
13:05
Options
Marvell 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

  • 03

    Dec

  • 06

    Jan

CSVI

Computer Services

$0.00

(0.00%)

13:03
11/18/19
11/18
13:03
11/18/19
13:03
Hot Stocks
Computer Services names Brian K. Brown as interim CFO »

Computer Services…

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

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.