Breaking News Instant updates and real-time market news.

LYB

LyondellBasell

$93.26

0.63 (0.68%)

, SI

Silvergate Capital

$16.50

0.1 (0.61%)

10:17
12/02/19
12/02
10:17
12/02/19
10:17

Fly Intel: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. LyondellBasell (LYB) resumed with an Overweight at Morgan Stanley. 2. Silvergate Capital (SI) initiated with an Overweight at Barclays. 3. SolarEdge (SEDG) initiated with a Buy at Needham. 4. Ball Corp. (BLL) initiated with an Outperform at Northland. 5. Cardlytics (CDLX) initiated with a Buy at Craig-Hallum. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

LYB

LyondellBasell

$93.26

0.63 (0.68%)

SI

Silvergate Capital

$16.50

0.1 (0.61%)

SEDG

SolarEdge

$80.81

-0.67 (-0.82%)

BLL

Ball Corp.

$65.62

-0.43 (-0.65%)

CDLX

Cardlytics

$57.26

1.22 (2.18%)

  • 02

    Dec

  • 02

    Dec

  • 03

    Dec

  • 09

    Dec

LYB LyondellBasell
$93.26

0.63 (0.68%)

12/02/19
MSCO
12/02/19
DOWNGRADE
Target $58
MSCO
Equal Weight
Morgan Stanley downgrades Dow to Equal Weight, prefers LyondellBasell in 2020
As previously reported, Morgan Stanley analyst Vincent Andrews downgraded Dow Inc. (DOW) to Equal Weight from Overweight with an unchanged price target of $58. Concurrently, Andrews resumed coverage of LyondellBasell (LYB) with an Overweight rating and $110 price target. Though he notes his price target for LyondellBasell, with 19% upside, "is generally not enough for us to advise putting new money to work in a commodity chemical stock," Andrews believes investors should own a commodity name in 2020 and said the polyethylene chain is where he sees the best commodity chemical risk/reward. Consensus expectations for Dow imbed much more improvement in 2020 than they do for LyondellBasell, added Andrews, who also views Lyondell's ability to keep buying back stock and possibly raise its dividend as another key differentiator between the two stocks in 2020.
11/18/19
JPMS
11/18/19
NO CHANGE
Target $84
JPMS
Underweight
JPMorgan boosts LyondellBasell target but still inclined to be short
JPMorgan analyst Jeffrey Zekauskas raised his price target for Underweight-rated LyondellBasell to $84 from $69. The analyst says his inclination is not to be long the shares but to be on the short side. Polyethylene prices rose in September stemming from production outages in the U.S. and following the attack on the Saudi Arabian oil assets, Zekauskas tells investors in a research note. He thinks that contract polyethylene prices can fall in November and then decrease another few cents into 2020 as non-contract discounts. Global demand for chemicals is actually weaker now than it was in August, says the analyst, who thinks these factors are likely to weigh on the shorter-term price performance of LyondellBasell shares.
11/18/19
GSCO
11/18/19
UPGRADE
Target $121
GSCO
Conviction Buy
LyondellBasell upgraded to Conviction Buy from Buy at Goldman Sachs
Goldman Sachs analyst Robert Koort added LyondellBasell to his firm's Americas Conviction List while keeping a Buy rating on the shares with an unchanged price target of $121. The analyst believes the ethylene cycle is approaching a "super trough." He expects U.S. integrated polyethylene margins to bottom in Q4 of early 2020 at levels well above historical mid-cycle or even peak levels. This provides "defensiveness" to LyondellBasell's "top-tier dividend yield of 4.4%," Koort tells investors in a research note. Further, he believes Chemicals investor sentiment is "relatively somber," which could present a "compelling buying opportunity" for the space should the current industrial cycle mirror the 2016 period and not decelerate more dramatically to 2009 levels.
12/02/19
MSCO
12/02/19
INITIATION
Target $110
MSCO
Overweight
LyondellBasell resumed with an Overweight at Morgan Stanley
Morgan Stanley analyst Vincent Andrews resumed coverage of LyondellBasell with an Overweight rating and $110 price target.
SI Silvergate Capital
$16.50

0.1 (0.61%)

11/18/19
11/18/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. BRP Group (BRP) was initiated with an Outperform at Raymond James, Wells Fargo, and Keefe Bruyette, a Buy at BofA/Merrill, a Hold at Jefferies, and a Neutral at JPMorgan. 2. j2 Global (JCOM) initiated with an Overweight at Piper Jaffray. 3. Silvergate Capital (SI) initiated with a Buy at Compass Point. 4. Air Products (APD) initiated with a Neutral at Atlantic Equities. 5. Champions Oncology (CSBR) initiated with a Speculative Buy at Benchmark. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
12/02/19
LEHM
12/02/19
INITIATION
Target $19
LEHM
Overweight
Silvergate Capital initiated with an Overweight at Barclays
Barclays analyst Jason Goldberg initiated coverage of Silvergate Capital with an Overweight rating and $19 price target. Silvergate is the leading bank serving the emerging digital currency industry, Goldberg tells investors in a research note. While the company's near-term earnings power is hampered by the recent reduction in interest rates, over the longer term its low cost deposit base and monetization of captive client relationships should result in revenue growth far outpacing expenses, contends the analyst.
11/18/19
COMP
11/18/19
INITIATION
Target $17.5
COMP
Buy
Silvergate Capital initiated with a Buy at Compass Point
Compass Point initiated coverage of Silvergate Capital with a Buy rating and $17.50 price target.
SEDG SolarEdge
$80.81

-0.67 (-0.82%)

12/02/19
NEED
12/02/19
INITIATION
Target $102
NEED
Buy
SolarEdge initiated with a Buy at Needham
Needham analyst James Ricchiuti initiated coverage of SolarEdge with a Buy rating and $102 price target.
11/25/19
ROTH
11/25/19
NO CHANGE
Target $100
ROTH
Buy
SolarEdge price target lowered to $100 from $105 at Roth Capital
Roth Capital analyst Philip Shen lowered his price target for SolarEdge to $100 from $105 following news that the company had one of its HD Wave patents revoked and two other claims dismissed came. In a research note to investors, Shen says that while some believe SolarEdge's two other infringement claims against Huawei were also dismissed, he believes this is not true after initial work. Shen maintains a Buy rating on the shares, saying that while this is "definitely a negative," the process is a "marathon and not a sprint."
11/25/19
11/25/19
NO CHANGE

SolarEdge to host investor & analyst day
Investor & Analyst Day to be held on November 25 at 9 am. Webcast Link
12/02/19
NEED
12/02/19
INITIATION
Target $102
NEED
Buy
SolarEdge initiated with a Buy at Needham
Needham analyst James Ricchiuti initiated coverage of SolarEdge with a Buy rating and $102 price target. The analyst notes that this solar power component leader has a "bright outlook" and expects the company to benefit next year amid the "growing product roadmap and expanded supply chain outside of China". Ricchiuti also cites SolarEdge Technologies having started to diversify its business into adjacent markets with good growth potential and its long-term strategy of building a reputation as a "premier" smart energy company.
BLL Ball Corp.
$65.62

-0.43 (-0.65%)

08/06/19
MSCO
08/06/19
NO CHANGE
Target $87
MSCO
Overweight
Ball Corp. price target raised to $87 from $71 at Morgan Stanley
Morgan Stanley analyst Neel Kumar raised his price target on Ball Corp. shares to $87 from $71 following the company's Q2 results, which he views as further evidence of accelerating beverage can demand growth. With Q2 shipments up about 5%, this was "Ball's third consecutive quarter of exceptional volume growth," noted Kumar, who sees Ball as the key beneficiary of the structurally tight and oversold can market. He keeps an Overweight rating on Ball shares.
11/01/19
VERT
11/01/19
UPGRADE
VERT
Hold
Ball Corp. upgraded to Hold from Sell at Vertical Research
Vertical Research analyst Chip Dillon upgraded Ball Corp. to Hold from Sell.
10/16/19
FBCO
10/16/19
NO CHANGE
Target $23
FBCO
Outperform
Constellium a potential supplier for Ball's new plant, says Credit Suisse
Credit Suisse analyst Curt Woodworth maintained an Outperform rating and $23 price target on Constellium (CSTM) after Ball Corp (BLL) announced earlier plans to construct a $200M aluminum cup plant in Georgia, saying Constellium is a potential supplier given its Muscle Shoals plant is just 175 miles from Ball's site in Rome, Georgia. The analyst notes that the secular growth trend in packaging and automotive towards aluminum is a major growth driver for Alcoa (AA) and other aluminum producers as well.
12/02/19
NORL
12/02/19
INITIATION
Target $82
NORL
Outperform
Ball Corp. initiated with an Outperform at Northland
Northland analyst Gus Richard initiated coverage of Ball Corp. with an Outperform rating and $82 price target. He sees beverage containers being in the early innings of a shift from plastic to aluminum, thinks the impact of this transition for Ball is underappreciated and believes it will drive a compound annual growth rate of greater than 7% for Ball over the next 10 years, Richard tells investors.
CDLX Cardlytics
$57.26

1.22 (2.18%)

11/14/19
JPMS
11/14/19
DOWNGRADE
Target $58
JPMS
Neutral
Cardlytics downgraded to Neutral from Overweight on valuation at JPMorgan
JPMorgan analyst Doug Anmuth downgraded Cardlytics to Neutral from Overweight with an unchanged price target of $58. The analyst cites valuation for the downgrade following the stock's 43% day-after-earnings appreciation on Wednesday. Cardlytics shares are up 426% year-to-date, Anmuth tells investors in a research note. Despite the downgrade, his fundamental view on the company remains positive. He still believes Cardlytics is "uniquely positioned" to leverage purchase data from more than 2,000 financial institutions.
11/14/19
JPMS
11/14/19
DOWNGRADE
Target $58
JPMS
Neutral
Cardlytics downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Doug Anmuth downgraded Cardlytics to Neutral from Overweight with a $58 price target.
12/02/19
CHLM
12/02/19
INITIATION
Target $75
CHLM
Buy
Cardlytics initiated with a Buy at Craig-Hallum
Craig-Hallum analyst Jason Kreyer initiated coverage of Cardlytics with a Buy rating and $75 price target. In a research note to investors, Kreyer says Carlytics provides a clear value to each of its primary stakeholders -- issuing banks, advertisers and consumers, and its data integrations provides insights advertisers can't get elsewhere. With long-term agreements in place with some of the largest banks in the nation, Kreyer says Cardlytics has built up a substantial and sustainable competitive advantage against potential entrants.
11/13/19
RAJA
11/13/19
NO CHANGE
Target $53
RAJA
Outperform
Cardlytics price target raised to $53 from $40 at Raymond James
Raymond James analyst Aaron Kessler raised his price target for Cardlytics to $53 from $40 following the company's "strong" Q3 results highlighted by by 70% billings growth and solid EBITDA leverage. In a research note to investors, Kessler says he is keeping his Outperform rating, given Cardlytics provides a compelling return on ad spend for marketers, the strong value proposition for financial institutions, strong competitive moats, a significant runway for key revenue drivers including MAUs and ARPU, and the expectation for 20%-plus long-term EBITDA margins.

TODAY'S FREE FLY STORIES

PTON

Peloton

$33.90

-0.875 (-2.52%)

, UBER

Uber

$27.89

0.18 (0.65%)

10:50
12/10/19
12/10
10:50
12/10/19
10:50
On The Fly
Analysts say controversial Peloton TV ad 'actually increases' brand awareness »

Pelton Interactive (PTON)…

PTON

Peloton

$33.90

-0.875 (-2.52%)

UBER

Uber

$27.89

0.18 (0.65%)

SDC

SmileDirectClub

$8.32

0.08 (0.97%)

LYFT

Lyft

$45.61

0.2 (0.44%)

WORK

Slack Technologies

$22.65

-0.34 (-1.48%)

WE

We Company

$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

  • 10

    Dec

CONN

Conn's

$14.77

-5.74 (-27.99%)

10:45
12/10/19
12/10
10:45
12/10/19
10:45
Hot Stocks
Conn's says CECL adoption to lead to 40%-60% increase in provisions »

Conn's says the CECL…

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

  • 11

    Dec

VOD

Vodafone

$18.79

-0.085 (-0.45%)

10:45
12/10/19
12/10
10:45
12/10/19
10:45
Options
Vodafone 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

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

4-Week Bill Announcement…

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

8-Week Bill Announcement…

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

8-Week Bill Announcement…

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

4-Week Bill Announcement…

BPOP

Popular

$57.11

1.07 (1.91%)

10:43
12/10/19
12/10
10:43
12/10/19
10:43
Hot Stocks
Popular says Raging Capital letter shared with board, seeks 'open dialogue' »

Popular confirmed that…

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

GFL

GFL Environmental

$0.00

(0.00%)

10:41
12/10/19
12/10
10:41
12/10/19
10:41
Hot Stocks
GFL Environmental to acquire County Waste of Virginia; terms not disclosed »

GFL Environmental…

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

TSLA

Tesla

$347.25

7.78 (2.29%)

10:38
12/10/19
12/10
10:38
12/10/19
10:38
Recommendations
Tesla analyst commentary  »

Tesla price target raised…

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

  • 07

    Jan

AXTA

Axalta Coating

$29.81

-0.41 (-1.36%)

10:35
12/10/19
12/10
10:35
12/10/19
10:35
Options
Axalta Coating 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

10:30
12/10/19
12/10
10:30
12/10/19
10:30
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

NLOK

NortonLifeLock

$26.29

0.86 (3.38%)

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Options
NortonLifeLock 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

  • 19

    Dec

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Conference/Events
UBS alternative energy windham to hold an analyst/industry conference call »

Alternative Energy &…

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Conference/Events
JPMorgan oil & gas analysts to hold an analyst/Industry conference call »

Large Cap Oil & Gas…

OMCL

Omnicell

$80.19

0.16 (0.20%)

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Conference/Events
Omnicell to host investor & analyst day »

Investor & 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

  • 10

    Dec

QSR

Restaurant Brands

$66.80

0.8 (1.21%)

, MCD

McDonald's

$194.64

-0.07 (-0.04%)

10:19
12/10/19
12/10
10:19
12/10/19
10:19
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

QSR

Restaurant Brands

$66.80

0.8 (1.21%)

MCD

McDonald's

$194.64

-0.07 (-0.04%)

SBUX

Starbucks

$87.36

1.08 (1.25%)

WEN

Wendy's

$21.59

-0.13 (-0.60%)

CMG

Chipotle

$822.75

-4.81 (-0.58%)

DNKN

Dunkin' Brands

$76.03

-0.2 (-0.26%)

EAT

Brinker

$41.77

-0.92 (-2.16%)

DPZ

Domino's Pizza

$286.82

0.23 (0.08%)

YUM

Yum! Brands

$98.95

-0.04 (-0.04%)

TXRH

Texas Roadhouse

$55.93

-0.22 (-0.39%)

ARAV

Aravive

$12.19

0.89 (7.88%)

BORR

Borr Drilling

$6.80

0.2 (3.03%)

AAXN

Axon

$72.49

0.22 (0.30%)

ZM

Zoom Video

$64.98

-0.94 (-1.43%)

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

  • 11

    Dec

  • 11

    Dec

  • 13

    Dec

  • 16

    Dec

NFLX

Netflix

$295.83

-6.65 (-2.20%)

, JPM

JPMorgan

$133.55

-0.9 (-0.67%)

10:18
12/10/19
12/10
10:18
12/10/19
10:18
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

NFLX

Netflix

$295.83

-6.65 (-2.20%)

JPM

JPMorgan

$133.55

-0.9 (-0.67%)

MKC

McCormick

$170.54

-2.155 (-1.25%)

CSX

CSX

$69.59

-0.82 (-1.16%)

VTR

Ventas

$56.78

-0.72 (-1.25%)

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

  • 10

    Dec

  • 14

    Jan

PH

Parker-Hannifin

$201.96

0.49 (0.24%)

, RDFN

Redfin

$20.98

0.21 (1.01%)

10:18
12/10/19
12/10
10:18
12/10/19
10:18
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

PH

Parker-Hannifin

$201.96

0.49 (0.24%)

RDFN

Redfin

$20.98

0.21 (1.01%)

MNRO

Monro

$78.70

4.24 (5.69%)

AGRO

Adecoagro

$7.98

0.47 (6.26%)

OI

Owens-Illinois

$10.51

0.22 (2.14%)

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

  • 05

    Feb

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
12/10/19
12/10
10:17
12/10/19
10:17
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%)

10:16
12/10/19
12/10
10:16
12/10/19
10:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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

LK

Luckin Coffee

$30.72

0.35 (1.15%)

10:15
12/10/19
12/10
10:15
12/10/19
10:15
Options
Luckin Coffee 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

QTT

Qutoutiao

$2.70

-0.16 (-5.59%)

10:14
12/10/19
12/10
10:14
12/10/19
10:14
Hot Stocks
Qutoutiao sinks after short report claims 74% of sales are 'fake' »

Shares of Qutoutiao moved…

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

SMAR

Smartsheet

$43.80

0.515 (1.19%)

10:12
12/10/19
12/10
10:12
12/10/19
10:12
Conference/Events
Smartsheet management to meet with Oppenheimer »

Meeting 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

  • 10

    Dec

  • 11

    Dec

SFIX

Stitch Fix

$27.20

2.03 (8.07%)

10:11
12/10/19
12/10
10:11
12/10/19
10:11
Conference/Events
Stitch Fix 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

  • 11

    Dec

  • 12

    Dec

  • 19

    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.