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CTL

CenturyLink

$14.98

0.09 (0.60%)

, INFN

Infinera

$6.70

0.34 (5.35%)

08:36
11/18/19
11/18
08:36
11/18/19
08:36

CenturyLink, Infinera bring terabit capacity to supercomputing network

CenturyLink (CTL) and Infinera (INFN) supplied equipment, software, and services to support the industry's supercomputing conference at this week's SC19, the International Conference for High Performance Computing, Networking, Storage, and Analysis. CenturyLink and Infinera, along with other contributors from the networking industry, academia, and government, are delivering multi-terabit capacity to SCinet, the dedicated high-capacity network that supports revolutionary applications and some of the world's most advanced supercomputing experiments at the SC19 conference. Multi-terabit capacity enables the network to more rapidly transmit large amounts of data to meet the needs of this supercomputing community. CenturyLink will deliver this capacity using the Infinera Groove G30 Compact Modular Platform running 2 x 600 gigabits per second metro wavelengths. The deployment will connect the Colorado Convention Center in Denver with wide-area networks in major U.S. cities, demonstrating CenturyLink's rapid provisioning of 100-gigabit services.

CTL

CenturyLink

$14.98

0.09 (0.60%)

INFN

Infinera

$6.70

0.34 (5.35%)

  • 09

    Dec

  • 09

    Dec

CTL CenturyLink
$14.98

0.09 (0.60%)

08/08/19
JPMS
08/08/19
DOWNGRADE
Target $10
JPMS
Underweight
JPMorgan downgrades CenturyLink to Underweight, calls dividend inappropriate
JPMorgan analyst Phil Cusick downgraded CenturyLink to Underweight from Neutral and lowered his price target for the shares to $10 from $14. The company reported Q2 results with better adjusted EBITDA on improved cost of service despite weaker revenue in both Consumer and Business segments, Cusick tells investors in a research note. The analyst, however, believes CenturyLink's business will remain challenged. He views the continued payment of a dividend as inappropriate given the company's "elevated" leverage profile and "persistently weak" revenue trends. Without massive capital investment, CenturyLink's consumer business can't inflect toward growth or be sold at an accretive multiple, says Cusick.
08/08/19
RAJA
08/08/19
UPGRADE
RAJA
Market Perform
CenturyLink no longer deserves Underperform rating, says Raymond James
Raymond James analyst Frank Louthan upgraded CenturyLink to Market Perform from Underperform following roughly in-line results for the second quarter and "steady" guidance. In a research note to investors, Louthan says integration issues at CenturyLink "appear to be behind them," and that while he still sees the top line declines as a continuing issue that restricts value, he feels that with a situation that could see more go right than can go wrong, he believes CenturyLink no longer deserves an Underperform rating.
11/06/19
GUGG
11/06/19
DOWNGRADE
GUGG
Sell
CenturyLink downgraded to Sell from Neutral at Guggenheim
Guggenheim analyst Mike McCormack downgraded CenturyLink to Sell from Neutral.
11/06/19
GUGG
11/06/19
DOWNGRADE
Target $10
GUGG
Sell
Guggenheim downgrades CenturyLink to Sell with unchanged $10 target
Guggenheim analyst Mike McCormack downgraded CenturyLink (CTL) to Sell from Neutral with an unchanged price target of $10. The stock closed Tuesday up 2c to $13.67. The shares are up 41% since late May and industry data points are not encouraging, McCormack tells investors in a research note. The analyst says both comments and results from AT&T (T) and Verizon Communications (VZ) reaffirm his negative stance on the macro environment and developing trends in Wireline. Wireline results at AT&T and Verizon showed significant weakness, McCormack points out. Margin pressures for both in Wireline cause "significant concern for pure-play" CenturyLink, adds the analyst. Further, McCormack continues to believe that CenturyLink management is not likely wedded to the dividend. He has a hard time believing that the over $1B annual payment wouldn't be more appropriately applied to the company's nearly $35B of debt.
INFN Infinera
$6.70

0.34 (5.35%)

11/07/19
JEFF
11/07/19
DOWNGRADE
JEFF
Underperform
Infinera downgraded to Underperform from Hold at Jefferies
Jefferies analyst George Notter downgraded Infinera to Underperform from Hold.
11/13/19
JPMS
11/13/19
UPGRADE
Target $7
JPMS
Neutral
Infinera upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Samik Chatterjee upgraded Infinera to Neutral from Underweight with a $7 price target.
11/13/19
JPMS
11/13/19
UPGRADE
Target $7
JPMS
Neutral
Infinera upgraded to Neutral on acquisition execution at JPMorgan
JPMorgan analyst Samik Chatterjee upgraded Infinera (INFN) to Neutral from Underweight with an unchanged price target of $7. The analyst believes Infinera's recent Coriant acquisition execution is going to make investors more willing to "position themselves for the upside" from the company achieving profitability metrics similar to larger competitor Ciena (CIEN). Infinera's Q3 print and outlook comprised of "several key positives which drive higher confidence on a smoother execution trajectory," Chatterjee tells investors in a research note.
11/13/19
11/13/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. G-III Apparel (GIII) upgraded to Buy from Neutral at BofA/Merrill with analyst Heather Balsky saying she anticipates the company to benefit from a likely accelerated wind-down of unprofitable outlet business and derisking with regards to tariffs. 2. Rockwell Automation (ROK) upgraded to Neutral from Underperform at Credit Suisse with analyst John Walsh saying he is upgrading shares based on his view that Industrial Production recovers in 2H20, achievable EPS growth in FY20 driven by restructuring on flat organic sales and a more balanced risk/reward valuation profile. 3. Infinera (INFN) upgraded to Neutral from Underweight at JPMorgan with analyst Samik Chatterjee saying she believes Infinera's recent Coriant acquisition execution is going to make investors more willing to "position themselves for the upside" from the company achieving profitability metrics similar to larger competitor Ciena (CIEN). 4. Freeport McMoRan (FCX) upgraded to Buy from Neutral at BofA/Merrill with analyst Timna Tanners saying she is looking past the company's "transition year" and expects its Grasberg asset to make a full contribution for copper and gold production. 5. Five9 (FIVN) upgraded to Buy from Neutral at Rosenblatt with analyst Ryan Koontz saying he came away from the company's analyst event "thoroughly impressed." 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

03:10
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MRPLY

Mr Price Group

$0.00

(0.00%)

20:14
12/15/19
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20:14
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20:14
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Mr Price Group rating change at JPMorgan »

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BA

Boeing

$341.67

-4.795 (-1.38%)

18:48
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12/15
18:48
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18:48
Periodicals
Boeing considering halting or cutting 737 MAX production, WSJ reports »

Boeing (BA) is…

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XEL

Xcel Energy

$62.27

0.91 (1.48%)

18:42
12/15/19
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18:42
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18:42
Initiation
Xcel Energy initiated at Goldman Sachs »

Xcel Energy initiated…

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AQUA

Evoqua Water

$19.53

-0.6 (-2.98%)

18:38
12/15/19
12/15
18:38
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18:38
Recommendations
Evoqua Water analyst commentary at Stifel »

Evoqua Water price target…

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BLSFY

Bluescope Steel

$0.00

(0.00%)

18:33
12/15/19
12/15
18:33
12/15/19
18:33
Upgrade
Bluescope Steel rating change at JPMorgan »

Bluescope Steel upgraded…

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BLSFY

Bluescope Steel

$0.00

(0.00%)

16:54
12/15/19
12/15
16:54
12/15/19
16:54
Upgrade
Bluescope Steel rating change at Macquarie »

Bluescope Steel upgraded…

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SAGE

Sage Therapeutics

$72.82

0.23 (0.32%)

16:36
12/15/19
12/15
16:36
12/15/19
16:36
Recommendations
Stifel adds Sage to Select List, says SAGE-217 will generate billions »

Stifel analyst Paul…

03/08/13
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DD

DuPont

$64.79

-1.39 (-2.10%)

16:10
12/15/19
12/15
16:10
12/15/19
16:10
Earnings
DuPont sees 2019 operating EBITDA at low end of guidance range »

DuPont reconfirms its…

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IFF

IFF

$134.01

-0.55 (-0.41%)

16:07
12/15/19
12/15
16:07
12/15/19
16:07
Earnings
IFF affirms existing 2019 guidance for sales and earnings »

IFF is affirming its…

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IFF

IFF

$134.01

-0.55 (-0.41%)

16:05
12/15/19
12/15
16:05
12/15/19
16:05
Hot Stocks
IFF, DuPont unit see revenue growth in mid-single digits over long term »

The company created by…

03/08/13
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HAS

Hasbro

$103.99

1.085 (1.05%)

, MAT

Mattel

$13.35

0.58 (4.54%)

16:03
12/15/19
12/15
16:03
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16:03
On The Fly
Week in review: How Trump's policies moved stocks »

Catch up on the top…

HAS

Hasbro

$103.99

1.085 (1.05%)

MAT

Mattel

$13.35

0.58 (4.54%)

FNKO

Funko

$15.16

0.23 (1.54%)

JAKK

JAKKS Pacific

$0.94

-0.0244 (-2.54%)

BBW

Build-A-Bear

$2.70

-0.05 (-1.82%)

MAS

Masco

$47.00

-0.44 (-0.93%)

FBHS

Fortune Brands

$65.09

-0.42 (-0.64%)

SPY

SPDR S&P 500 ETF Trust

$317.27

0.13 (0.04%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
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IFF

IFF

$134.01

-0.55 (-0.41%)

16:03
12/15/19
12/15
16:03
12/15/19
16:03
Hot Stocks
IFF to merge with DuPont's Nutrition & Biosciences unit via Reverse Morris Trust »

IFF (IFF) and DuPont (DD)…

03/08/13
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IFF

International Flavors

$134.01

-0.55 (-0.41%)

, DD

DuPont

$64.79

-1.39 (-2.10%)

15:58
12/15/19
12/15
15:58
12/15/19
15:58
Hot Stocks
Breaking Hot Stocks news story on International Flavors, DuPont »

DuPont to receive…

IFF

International Flavors

$134.01

-0.55 (-0.41%)

DD

DuPont

$64.79

-1.39 (-2.10%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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IFF

International Flavors

$134.01

-0.55 (-0.41%)

, DD

DuPont

$64.79

-1.39 (-2.10%)

15:58
12/15/19
12/15
15:58
12/15/19
15:58
Hot Stocks
Breaking Hot Stocks news story on International Flavors, DuPont »

DuPont holders will own…

IFF

International Flavors

$134.01

-0.55 (-0.41%)

DD

DuPont

$64.79

-1.39 (-2.10%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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IFF

International Flavors

$134.01

-0.55 (-0.41%)

, DD

DuPont

$64.79

-1.39 (-2.10%)

15:57
12/15/19
12/15
15:57
12/15/19
15:57
Recommendations
International Flavors, DuPont analyst commentary  »

International Flavors to…

IFF

International Flavors

$134.01

-0.55 (-0.41%)

DD

DuPont

$64.79

-1.39 (-2.10%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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BILL

Bill.com

$38.59

3.09 (8.70%)

, EH

Ehang

$12.87

0.39 (3.13%)

15:25
12/15/19
12/15
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15:25
On The Fly
Opening Day: XP finishes first week higher, Sprout Social lower »

This past week saw six…

BILL

Bill.com

$38.59

3.09 (8.70%)

EH

Ehang

$12.87

0.39 (3.13%)

HCCO

Healthcare Merger Corp.

$0.00

(0.00%)

OCFT

OneConnect

$10.08

(0.00%)

SPT

Sprout Social

$16.76

(0.00%)

XP

XP

$37.61

3.235 (9.41%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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SNE

Sony

$67.60

0.285 (0.42%)

, SCOR

comScore

$4.63

-0.41 (-8.13%)

15:09
12/15/19
12/15
15:09
12/15/19
15:09
Hot Stocks
Sony's 'Jumanji' tops weekend box office with $60.1M in sales »

Sony's (SNE)…

SNE

Sony

$67.60

0.285 (0.42%)

SCOR

comScore

$4.63

-0.41 (-8.13%)

DIS

Disney

$146.37

0.4 (0.27%)

LGF.A

Lionsgate

$9.68

-0.315 (-3.15%)

LGF.B

Lionsgate

$9.00

-0.35 (-3.74%)

T

AT&T

$38.24

-0.11 (-0.29%)

CMCSA

Comcast

$43.59

0.57 (1.33%)

CMCSK

Comcast

$0.00

(0.00%)

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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  • 23

    Jan

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DLTR

Dollar Tree

$93.59

1.04 (1.12%)

, DG

Dollar General

$154.75

-0.885 (-0.57%)

14:31
12/15/19
12/15
14:31
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14:31
Periodicals
Local governments want dollar stores selling fresh food, WSJ reports »

Local governments across…

DLTR

Dollar Tree

$93.59

1.04 (1.12%)

DG

Dollar General

$154.75

-0.885 (-0.57%)

03/08/13
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03/06/13
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ELUXY

Electrolux

$0.00

(0.00%)

14:25
12/15/19
12/15
14:25
12/15/19
14:25
Hot Stocks
Electrolux sees $70M charge in Q4 from North America consolidation »

Electrolux provided an…

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03/06/13
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03/06/13
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BCS

Barclays

$9.74

0.655 (7.21%)

, BP

BP

$36.95

-0.005 (-0.01%)

10:39
12/15/19
12/15
10:39
12/15/19
10:39
Recommendations
Barclays, BP, Amadeus IT Group, Anglo American, BT Group, Carlsberg, Demant, E.ON, Intertek, Novartis, Persimmon, Puma, RSA Insurance, Koninklijke Vopak, Hammerson, NMC Health, Reckitt Benckiser, Renault analyst commentary  »

Jefferies gives European…

BCS

Barclays

$9.74

0.655 (7.21%)

BP

BP

$36.95

-0.005 (-0.01%)

AMADY

Amadeus IT Group

$0.00

(0.00%)

NGLOY

Anglo American

$0.00

(0.00%)

BT

BT Group

$0.00

(0.00%)

CABGY

Carlsberg

$0.00

(0.00%)

WILYY

Demant

$0.00

(0.00%)

EONGY

E.ON

$0.00

(0.00%)

IKTSY

Intertek

$0.00

(0.00%)

NVS

Novartis

$93.00

-0.055 (-0.06%)

PSMMY

Persimmon

$0.00

(0.00%)

PUMSY

Puma

$0.00

(0.00%)

RSNAY

RSA Insurance

$0.00

(0.00%)

VOPKY

Koninklijke Vopak

$0.00

(0.00%)

HMSNF

Hammerson

$0.00

(0.00%)

NMHLY

NMC Health

$0.00

(0.00%)

RBGLY

Reckitt Benckiser

$0.00

(0.00%)

RNLSY

Renault

$0.00

(0.00%)

03/08/13
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  • 17

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SNE

Sony

$67.60

0.285 (0.42%)

, SCOR

comScore

$4.63

-0.41 (-8.13%)

05:55
12/15/19
12/15
05:55
12/15/19
05:55
Hot Stocks
Sony's 'Jumanji' tops weekend box office with $60.1M in sales »

Sony's (SNE)…Reference Link

SNE

Sony

$67.60

0.285 (0.42%)

SCOR

comScore

$4.63

-0.41 (-8.13%)

DIS

Disney

$146.37

0.4 (0.27%)

LGF.A

Lionsgate

$9.68

-0.315 (-3.15%)

LGF.B

Lionsgate

$9.00

-0.35 (-3.74%)

T

AT&T

$38.24

-0.11 (-0.29%)

CMCSA

Comcast

$43.59

0.57 (1.33%)

CMCSK

Comcast

$0.00

(0.00%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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  • 23

    Jan

  • 29

    Jan

AOBC

American Outdoor Brands

$9.23

-0.04 (-0.43%)

, AVCO

Avalon GloboCare

$2.27

-0.06 (-2.58%)

04:55
12/15/19
12/15
04:55
12/15/19
04:55
Conference/Events
Roth Capital to hold a conference »

8th Annual ROTH Deer…

AOBC

American Outdoor Brands

$9.23

-0.04 (-0.43%)

AVCO

Avalon GloboCare

$2.27

-0.06 (-2.58%)

BBSI

Barrett Business

$93.18

1.82 (1.99%)

BNGO

Bionano Genomics

$1.02

0.01 (0.99%)

IRMD

iRadimed

$25.25

-0.52 (-2.02%)

FC

Franklin Covey

$35.21

-0.57 (-1.59%)

NBEV

New Age Beverages

$1.91

-0.015 (-0.78%)

WATT

Energous

$1.99

(0.00%)

EAST

Eastside Distilling

$2.79

-0.12 (-4.12%)

DCTH

Delcath Systems

$0.00

(0.00%)

BOOM

DMC Global

$52.89

0.64 (1.22%)

CLAR

Clarus

$13.47

-0.02 (-0.15%)

JRSH

Jerash Holdings

$6.46

(0.00%)

MCHX

Marchex

$3.68

0.03 (0.82%)

JYNT

Joint Corp.

$17.37

0.28 (1.64%)

SOLY

Soliton

$10.35

-0.005 (-0.05%)

SMSI

Smith Micro

$4.66

0.095 (2.08%)

PWFL

PowerFleet

$6.10

0.05 (0.83%)

OSIS

OSI Systems

$100.60

0.63 (0.63%)

LOVE

Lovesac

$10.80

-1.01 (-8.55%)

VERI

Veritone

$2.73

-0.1 (-3.53%)

WTER

Alkaline Water

$1.09

-0.01 (-0.91%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 17

    Dec

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    Dec

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    Jan

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    Jan

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    Jan

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    Jan

PNC

PNC Financial

$158.60

-0.3 (-0.19%)

, PYPL

PayPal

$107.68

2.01 (1.90%)

13:57
12/14/19
12/14
13:57
12/14/19
13:57
Periodicals
PNC clients having trouble connecting to PayPal's Venmo, WSJ reports »

Many of PNC…

PNC

PNC Financial

$158.60

-0.3 (-0.19%)

PYPL

PayPal

$107.68

2.01 (1.90%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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  • 18

    Dec

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