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ANF

Abercrombie & Fitch

$17.98

0.7 (4.05%)

, ATZAF

Aritzia

$0.00

(0.00%)

04:55
01/14/20
01/14
04:55
01/14/20
04:55

William Blair to hold company meetings at a conference

William Blair Company Meetings at ICR Conference 2020 will be held in Orlando on January 13-14.

ANF

Abercrombie & Fitch

$17.98

0.7 (4.05%)

ATZAF

Aritzia

$0.00

(0.00%)

BOOT

Boot Barn

$45.87

0.055 (0.12%)

FIVE

Five Below

$107.49

-13.71 (-11.31%)

FRPT

Freshpet

$62.74

1.96 (3.22%)

HOME

At Home Group

$5.65

0.565 (11.11%)

LOCO

El Pollo Loco

$14.87

-0.09 (-0.60%)

LULU

Lululemon

$245.20

10.41 (4.43%)

OSW

OneSpaWorld

$16.39

-0.13 (-0.79%)

PBH

Prestige Brands

$39.15

0.76 (1.98%)

PETQ

PetIQ

$27.29

1.79 (7.02%)

PLAY

Dave & Buster's

$41.40

0.38 (0.93%)

PLNT

Planet Fitness

$79.00

1.78 (2.31%)

PRMW

Primo Water

$13.91

2.84 (25.65%)

SHAK

Shake Shack

$60.30

-0.785 (-1.29%)

STKL

SunOpta

$2.78

0.06 (2.21%)

TLYS

Tilly's

$9.06

-2.61 (-22.37%)

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ANF Abercrombie & Fitch
$17.98

0.7 (4.05%)

09/18/19
09/18/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Papa John's (PZZA) initiated with a Perform at Oppenheimer. 2. Adesto Technologies (IOTS) initiated with a Buy at Loop Capital. 3. American Eagle (AEO) initiated with a Buy at DA Davidson while Abercrombie & Fitch (ANF) was initiated with a Neutral. 4. Canopy Growth (CGC) initiated with a Perform at Oppenheimer. 5. NCR Corp. (NCR) initiated with an Outperform at Wells Fargo. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/27/19
SBSH
11/27/19
NO CHANGE
SBSH
Buy
Abercrombie & Fitch shares still 'too cheap to ignore,' says Citi
Citi analyst Paul Lejuez says Abercrombie & Fitch (ANF) shares remain "too cheap to ignore" following the company's in-line Q3 results. Abercrombie is "holding its own in a difficult retail environment" and the weakness at Hollister seems transitory, Lejuez tells investors in a research note. "Eventually another company will take notice," adds the analyst, who believes American Eagle (AEO) makes the most sense as an acquirer of Abercrombie. The analyst keeps a Buy rating on the latter.
09/17/19
DADA
09/17/19
INITIATION
DADA
Neutral
Abercrombie & Fitch initiated with a Neutral at DA Davidson
DA Davidson analyst John Morris initiated Abercrombie & Fitch with a Neutral rating and $18 price target. The analyst said the company is still in the middle of a multi-year turnaround that is looking to reposition the brand with "quality, elevated fashion content to appeal to a more modern, sophisticated 20-something." While the analyst noted that this will take time, and is encouraged by Abercrombie's progress so far, he is cautious due to "competitive promotional environment" and would like to see more visibility on "the pace of the earnings recovery" before becoming more bullish on the name.
12/30/19
MSCO
12/30/19
NO CHANGE
MSCO
Retail store traffic worsened in third week of December, says Morgan Stanley
Morgan Stanley analyst Kimberly Greenberger said her checks on specialty retail and department stores' traffic showed that it decelerated to a decline of 10.7% year-over-year in the third week of December, leaving her to lower her estimate of the Q4 to-date result to down 7.4% year-over-year. Traffic appeared "solid" during her store checks at the end of December week four, but a tough comparison to last year in week five leaves her "overall cautious" on the traffic view for the month, Greenberger tells investors. Looking at specific retailers, Greenberger said she found that clearance levels ticked slightly higher year-over year at only Kohl's (KSS) and L Brands' (LB) Victoria's Secret, ,while post-Christmas clearance moderated at Abercrombie & Fitch (ANF) and Macy's (M) compared to last year. She also found that clearance depth increased year-over-year for both of Tapestry's (TPR) Coach and Kate Spade brands.
ATZAF Aritzia
$0.00

(0.00%)

10/16/19
TDSI
10/16/19
UPGRADE
TDSI
Buy
Aritzia upgraded to Buy from Hold at TD Securities
TD Securities analyst Brian Morrison upgraded Aritzia to Buy from Hold and raised his price target for the shares to C$21 from C$19 after the company's Q2 results featured outperformance on all key metrics. In his view, the results illustrate an "ongoing affinity with the brand, especially in the U.S.," which he sees presenting a material long-term growth opportunity.
BOOT Boot Barn
$45.87

0.055 (0.12%)

10/15/19
COWN
10/15/19
NO CHANGE
Target $42
COWN
Outperform
Boot Barn share price not fully reflecting competitive positioning, says Cowen
Cowen analyst Oliver Chen Said he would be a buyer of Boot Barn shares heading into earnings as its share price does not fully reflect its competitive positioning and sustainability. The analyst sees upside to the Street's estimates, he expects comps guidance to be raised, and expects impacts from tariffs to be negligible. Chen reiterated his Outperform rating and $42 price target on Boot Barn shares.
11/08/19
JEFF
11/08/19
NO CHANGE
JEFF
Tariff roll backs could be catalyst for footwear, apparel stocks, says Jefferies
Jefferies analyst Janine Stichter noted press reports indicating that the U.S. is considering removing the 15% List 4A tariffs and may not move ahead with the December List 4B tariffs, which she thinks could be a catalyst for the footwear and apparel group from both an EPS and multiple standpoint and a tailwind for overall discretionary spending. She particularly highlighted what she sees as a potentially significant benefit for retailers American Eagle (AEO), Urban Outfitters (URBN) and Boot Barn (BOOT), on which she has Buy ratings. Stichter also lists Chico's (CHS), Abercrombie & Fitch (ANF), Gap (GPS), Steven Madden (SHOO) and Genesco (GCO) among retailers and footwear companies who source heavily from China and have high exposure to direct imports, instead of third party brands.
11/11/19
COWN
11/11/19
NO CHANGE
Target $47
COWN
Outperform
Boot Barn well positioned to get bigger, says Cowen
Cowen analyst Oliver Chen said Boot Barn is a best executor in the Western wear category and he believes they are well positioned to get bigger. He likes its specialty industry leadership, own and branded merchandise, execution and low level fashion risk plus he thinks its segmented marketing and digital focus will propel its ongoing strong comps and unit growth. Chen reiterated his Outperform rating and raised his price target to $47 from $44 on Boot Barn shares.
11/22/19
DADA
11/22/19
NO CHANGE
Target $46
DADA
Buy
Boot Barn price target raised to $46 from $43 at DA Davidson
DA Davidson analyst John Morris raised his price target on Boot Barn to $46 and kept his Buy rating after hosting a non-deal roadshow meeting with its CEO Jim Conroy. The analyst says the discussions have made him more optimistic about the opportunity for the company's back-half of 2019, with business trends "ramping up" into the holiday season. Going into Q3, Morris believes Boot Barn will see "increased store traffic and higher AUR" from the impact of the management's key initiatives.
FIVE Five Below
$107.49

-13.71 (-11.31%)

01/08/20
GDHS
01/08/20
DOWNGRADE
Target $135
GDHS
Accumulate
Five Below downgraded to Accumulate from Buy at Gordon Haskett
Gordon Haskett analyst Chuck Grom downgraded Five Below to Accumulate from Buy with a price target of $135, down from $150.
01/08/20
GDHS
01/08/20
NO CHANGE
GDHS
Gordon Haskett shakes up 'Shades of Grey' portfolio with downgrades, upgrade
Gordon Haskett analysts Chuck Grom, John Parke, and Garrett Greenblatt have updated the firm's 'Shades of Grey' portfolio by downgrading four stocks -- Dollar Tree (DLTR) to Reduce from Accumulate, Five Below (FIVE) to Accumulate from Buy, BJ's (BJ) to Hold from Buy, and Tractor Supply (TSCO) to Accumulate from Buy -- and upgrading one stock -- Nordstrom (JWN) to Accumulate from Hold. They also called Dollar General (DG), Target (TGT), and Walmart (WMT) their top ideas. The analysts said the recalibrations were made "very cautiously" and receommended leaning into the new year slowly until more data is released and we have a better grasp on the Q4 and holiday results, 2020 guidance, and overall positioning. The analysts added that they are "sticking to [their] playbook, which is rooted in identifying companies in good retail verticals with strong company-specific comp/GPM drivers to support profitable market share gains."
01/09/20
GUGG
01/09/20
NO CHANGE
Target $100
GUGG
Buy
Guggenheim adds Best Buy to Best Idea list, ups price target to $100
Guggenheim analyst Steven Forbes raised his price target for Best Buy (BBY) to $100 from $90 and added the shares to his firm's Best Idea list. In the Consumer space, the analyst prefers companies with "solid, but reasonable," expectations, "compelling" relative EBITDA multiples, and idiosyncratic potential catalysts. His picks for 2020 include Best Buy, Dollar Tree (DLTR), Five Below (FIVE), Lowe's (LOW), Performance Food Group (PFGC) and RH (RH).
01/13/20
JPMS
01/13/20
NO CHANGE
JPMS
Overweight
Five Below Holiday top, bottom-line 'incremental,' says JPMorgan
JPMorgan analyst Matthew Boss notes that Five Below reported Holiday same-store-sales of (-2.6%) and cut its Q4 EPS range on negative 2.0%-2.5% same-store-sales. Taking a step back, while not providing excuses, management cited a more discretionary offering driving a larger condensed calendar impact, noting a Q4 2013 similar 450bps Holiday miss versus guidance, he pointed out. Adjusting the calendar "apples to apples," Boss says Five Below comped positive over the key Black Friday, Cyber Week, with material acceleration in the 7 days leading into Christmas with same-store-sales returning to "at least" 2%-3%-plus January-to-date. Specific to gross margin, the company's CFO cited pricing actions on track and key to holding line item guidance in Q4 despite softer-than-plan sales, confirming customer reception to price hikes inline to plan supported by the announcement of rollout of a "$10 Below Zone" to the "vast majority" of stores in FY20, the analyst adds. Boss has an Overweight rating on the shares.
FRPT Freshpet
$62.74

1.96 (3.22%)

10/31/19
BARD
10/31/19
NO CHANGE
Target $60
BARD
Outperform
Freshpet price target raised to $60 from $50 at Baird
Baird analyst Peter Benedict raised his price target on Freshpet to $60 from $50 ahead of Q3 results. The analyst said he remains confident in the company's top-line trajectory despite a pullback in media spending. He continues to have confidence in its long-term revenue opportunity. Benedict reiterated his Outperform rating on Freshpet shares.
12/06/19
IMPC
12/06/19
NO CHANGE
Target $55
IMPC
In-Line
Freshpet price target raised to $55 from $40 at Imperial Capital
Imperial Capital analyst George Kelly raised his price target for Freshpet to $55 from $40 citing the company's "strong" Q3 results. The analyst, however, keeps an In-Line rating on the shares.
12/03/19
DADA
12/03/19
NO CHANGE
Target $60
DADA
Buy
Freshpet is 'most compelling growth story' in consumer staples, says DA Davidson
DA Davidson analyst Brian Holland keeps his Buy rating and $60 price target on Freshpet after attending an investor event with its CEO and COO. The analyst says the discussion affirmed his view of the company as the "most compelling growth story in Staples today", noting that it is positioned as a "disruptor" in the North American pet food market with estimated value of over $30B.
10/22/19
JPMS
10/22/19
UPGRADE
Target $58
JPMS
Overweight
JPMorgan upgrades Freshpet to Overweight, boosts target to $58
JPMorgan analyst Ken Goldman upgraded Freshpet to Overweight from Neutral with a price target of $58, up from $46. The company's strategy, relative lack of competition, business model, and momentum justify increases in revenue and EBITDA estimates, Goldman tells investors in a research note. Though competition is expanding a bit, Freshpet has the biggest "moat" of any company we cover, adds the analyst.
HOME At Home Group
$5.65

0.565 (11.11%)

12/06/19
JEFF
12/06/19
DOWNGRADE
Target $6
JEFF
Hold
At Home Group downgraded to Hold at Jefferies until visibility improves
As previously reported, Jefferies analyst Jonathan Matuszewski downgraded At Home Group to Hold from Buy with a price target of $6, down from $7, following the company's mixed Q3 results and "disappointing" Q4 guidance. While its unique operating model has historically served At Home well, Matuszewski is concerned that in the near-term that will be overshadowed by intensifying competition and fact that the company has lagged in embracing the shift of home furnishings wallet share online. Until visibility improves, he prefers to move to the sidelines, added the analyst.
12/06/19
JEFF
12/06/19
DOWNGRADE
Target $6
JEFF
Hold
At Home Group downgraded to Hold from Buy at Jefferies
Jefferies analyst Jonathan Matuszewski downgraded At Home Group to Hold from Buy with a $6 price target.
12/05/19
WBLR
12/05/19
DOWNGRADE
WBLR
Market Perform
At Home Group downgraded to Market Perform on guidance cut at William Blair
William Blair analyst Daniel Hofkin downgraded At Home Group to Market Perform from Outperform citing "limited visibility" following the company's guidance cut. The company reduced its Q4 and full-year guidance substantially for comp sales, margins, and earnings, Hofkin tells investors in a research note. At Home Group slashed prices 25% in its Christmas assortment and also plans price cuts in furniture, the analyst adds. He believes that while the moves are intended to drive greater competitiveness and clear merchandise, they will "clearly pressure" both sales and margins, at least in the near term.
12/05/19
12/05/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. F5 Networks (FFIV) double-downgraded to Underperform from Buy at BofA/Merrill with analyst Tal Liani warning about pressure on the company's revenue growth amid a "secular shift in demand from appliance-based Application Delivery Controllers to software and cloud-based solutions," which has weighed on pricing and also brought in competition from VMware (VMW), Amazon (AMZN), Google (GOOG) along with content delivery network providers like Akamai (AKAM). 2. Waters (WAT) downgraded to Neutral from Buy at BTIG with analyst Sun Ji Nam citing the 19% year-to-date run-up in the stock price and her lacking conviction on why the shares should trade at a premium relative to their peer group. 3. Etsy (ETSY) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Lauren Cassel saying her analysis indicates that headwinds from new state sales tax legislation and Etsy pulling back on its investment in Product Listing Ads could more than offset the benefits of free shipping. 4. At Home Group (HOME) downgraded to Market Perform from Outperform at William Blair with analyst Daniel Hofkin citing "limited visibility" following the company's guidance cut. 5. Discover (DFS) and Synchrony (SYF) were downgraded to Neutral from Buy at Nomura Instinet. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
LOCO El Pollo Loco
$14.87

-0.09 (-0.60%)

11/01/19
RHCO
11/01/19
NO CHANGE
Target $14
RHCO
Hold
El Pollo Loco price target raised to $14 from $11 at SunTrust
SunTrust analyst Jake Bartlett raised his price target on El Pollo Loco to $14 after its stronger than expected Q3 results, with 1.1% increase in comps for the quarter along with the 4.2% increase in September. The analyst adds that he is also encouraged by the recent trends around the impact of delivery, but remains on the sidelines until the sustainability of same-store-sales momentum is "more clear".
LULU Lululemon
$245.20

10.41 (4.43%)

01/07/20
WEDB
01/07/20
NO CHANGE
Target $235
WEDB
Neutral
Lululemon price target raised to $235 from $225 at Wedbush
Wedbush analyst Jen Redding raised her price target for Lululemon to $235 from $225 as she expects the company to beat and raise guidance on its Holiday Sales report expected early next week, preceding investor meetings at the 2020 ICR Conference in Orlando, FL. The analyst has a Neutral rating on the shares.
12/13/19
DADA
12/13/19
NO CHANGE
Target $220
DADA
Neutral
Lululemon price target raised to $220 from $185 at DA Davidson
DA Davidson analyst John Morris raised his price target on Lululemon to $220 after its Q3 earnings beat and "solid" 23% revenue growth that was driven by positive traffic in the company's physical and digital channels. The analyst is keeping his Neutral rating however, noting that company will be lapping tough compares of 17% and 16% comps in Q4 and Q1 and also stating that the guide-down in Q4 margins suggests that Lululemon is "not immune to holiday pressures".
01/13/20
WEDB
01/13/20
NO CHANGE
Target $245
WEDB
Neutral
Lululemon price target raised to $245 from $235 at Wedbush
Wedbush analyst Jen Redding noted that Lululemon reported "another record quarter" and raised guidance, prompting her to raise her price target on the shares to $245 from $235. She sees a solid holiday quarter as likely and views Lululemon as well-positioned heading into 2020, though she maintains a Neutral rating on the stock.
01/13/20
01/13/20
NO CHANGE
Target $264

Buy
Lululemon price target raised to $264 from $258 at MKM Partners
MKM Partners analyst Roxanne Meyer raised her price target on Lululemon to $264 and kept her Buy rating after the company raised its Q4 earnings and comps guidance. The analyst sees the results for the quarter as "industry leading", reflecting the strength of the company's product innovation, technology initiatives, and marketing efforts amid an otherwise "mixed" holiday season for retailers.
OSW OneSpaWorld
$16.39

-0.13 (-0.79%)

11/14/19
STFL
11/14/19
NO CHANGE
Target $19
STFL
Buy
OneSpaWorld weakness presents 'outstanding buying opportunity,' says Stifel
Stifel analyst Steven Wieczynski said he "severely cut" his 2020 EBITDA estimate for OneSpaWorld by 12% due to timing issues for certain ship contracts that he previously was giving the company "too much credit for." However, he doesn't believe there are any material changes to OneSpaWorld's core customer base or dominant market share position and he contends that near-term issues are just a timing function. The analyst, who views today's weakness as "an outstanding buying opportunity," trimmed his price target on OneSpaWorld shares to $19 from $20 and keeps a Buy rating on the stock.
01/08/20
STFL
01/08/20
NO CHANGE
STFL
Eldorado Resorts named top Gaming & Leisure idea for 2020 at Stifel
Stifel analyst Steven Wieczynski said he expects several of the key investment themes that powered many of the Gaming & Leisure stocks he covers to outperform in 2019 to continue into 2020, backed by a relatively healthy North American consumer. He named Eldorado Resorts (ERI) as his top idea for 2020, as he sees the potential for considerable value to be created for stakeholders as the pending acquisition of Caesars (CZR) is successfully integrated. As previously reported, Stifel analyst Brad Boyer also upgraded Scientific Games (SGMS) to Buy from Hold this morning and that stock was also named as among the firm's top Gaming & Leisure picks. Other top ideas for 2020 in the space include OneSpaWorld (OSW), Norwegian Cruise Line (NCLH) and Las Vegas Sands (LVS), Stifel's team stated.
01/10/20
JEFF
01/10/20
DOWNGRADE
Target $17
JEFF
Hold
OneSpaWorld downgraded to Hold from Buy at Jefferies
Jefferies analyst Stephanie Wissink downgraded OneSpaWorld Holdings to Hold from Buy with a $17 price target.
01/10/20
JEFF
01/10/20
DOWNGRADE
Target $17
JEFF
Hold
OneSpaWorld downgraded to Hold on valuation at Jefferies
Jefferies analyst Stephanie Wissink downgraded OneSpaWorld Holdings to Hold from Buy with an unchanged price target of $17. The analyst cites valuation for the downgrade as she views the current valuation as fair. Estimates for 2020 and 2021 reflect the company's significant capacity expansion while launch timing can affect quarters, Wissink tells investors in a research note.
PBH Prestige Brands
$39.15

0.76 (1.98%)

01/15/19
RAJA
01/15/19
DOWNGRADE
RAJA
Market Perform
Prestige Brands downgraded to Market Perform from Outperform at Raymond James
PETQ PetIQ
$27.29

1.79 (7.02%)

04/30/19
04/30/19
NO CHANGE

Spruce Point issues Strong Sell opinion on PetIQ, sees 75%-90% downside
Reference Link
04/30/19
OPCO
04/30/19
NO CHANGE
OPCO
Outperform
PetIQ short report at odds with improving business model, says Oppenheimer
Oppenheimer analyst Brian Nagel says today's short report on PetIQ is "not new and very much at odds" with the company's improving business model. PetIQ remains in the early stages of building out a pet supply distribution and services "juggernaut," Nagel tells investors in a research note. He keeps an Outperform rating on the shares, which are down 16% to $25.50 in afternoon trading following a negative report from Spruce Point Capital Management.
05/23/19
GUGG
05/23/19
INITIATION
Target $35
GUGG
Buy
PetIQ initiated with a Buy at Guggenheim
Guggenheim analyst David Westenberg initiated coverage on 10 companies in animal health, starting PetIQ with a Buy rating and $35 price target. He contends PetIQ "is just too disruptive to sit on the sideline," as consumers want convenience, price, choice, and transparency and "consumers are going to win." PetIQ has the opportunity to participate in a major part of the retail build out of veterinary medicine, Westenberg tells investors.
PLAY Dave & Buster's
$41.40

0.38 (0.93%)

12/11/19
RHCO
12/11/19
NO CHANGE
Target $42
RHCO
Hold
Dave & Buster's price target raised to $41 from $41 at SunTrust
SunTrust analyst Jake Bartlett raised his price target on Dave & Buster's to $42 after its "strong" Q3 earnings and "roughly in-line" comps that were driven by "strong" new store sales as well as cost savings reinvested into sales initiatives. The analyst notes that the company is implementing a "wide array" of sales drivers, but he does not anticipate a "silver bullet" to offset the upcoming competitive pressures next year. Bartlett keeps his Hold rating on Dave & Busters stock.
12/11/19
BMOC
12/11/19
NO CHANGE
Target $53
BMOC
Outperform
Dave & Buster's price target raised to $53 from $50 at BMO Capital
BMO Capital analyst Andrew Strelzik raised his price target on Dave & Buster's to $53 and kept his Outperform rating after its Q3 earnings, noting that while the results were in line and the company remains several quarters away from "seeing evidence of a turnaround", he remains positive on its comp recovery potential. The analyst cites the management's continued efforts to implement sales drivers such as "live activities around key sporting events, new multiplayer games, and improved mobile app/loyalty platforms." Strelzik adds that Dave & Buster's stock continues to trade below its "longer term value", and he sees its risk-reward favoring the upside.
12/11/19
LOOP
12/11/19
NO CHANGE
Target $40
LOOP
Hold
Dave & Buster's facing increasingly competitive environment, says Loop Capital
Loop Capital analyst Lynne Collier keeps her Hold rating and $40 price target on Dave & Buster's after its Q3 results. The analyst notes that while earnings were in-line, comps remained soft and the company looks to be facing a "similar run rate" thus far in Q4. Collier adds that the management of Dave & Busters is testing new multi-player games, has accelerated the rollout of "Wow Walls" and may further incorporate eSports in some of its locations. Despite the long-term sales drivers however, the analyst is concerned that the heightened competition will continue to weigh on Dave & Buster's comps in the current quarter and into next year.
09/19/19
09/19/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Beyond Meat (BYND) initiated with an Overweight at Barclays. 2. Dave & Buster's (PLAY) initiated with a Hold at Stifel. 3. iHeartMedia (IHRT) initiated with a Neutral at B. Riley FBR. 4. PRA Health (PRAH) initiated with a Buy at Goldman Sachs. 5. Viper Energy (VNOM) initiated with an Overweight at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
PLNT Planet Fitness
$79.00

1.78 (2.31%)

01/03/20
MACQ
01/03/20
NO CHANGE
Target $90
MACQ
Outperform
Planet Fitness shares 'significantly undervalued', says Macquarie
Macquarie analyst Paul Golding keeps his Outperform rating and $90 price target on Planet Fitness, saying the company has increased its gym count by 257 locations to 2,064 in 2019. The analyst believes that the company's low price-point and its focus on the U.S. market position it "defensively", particularly given its annualized growth rate. Golding further states that Planet Fitness penetration rates are rising and he sees further potential runway for comp reacceleration, maintaining his view that Planet Fitness stock is "substantially undervalued" relative to peers.
11/12/19
IMPC
11/12/19
NO CHANGE
Target $80
IMPC
Outperform
Planet Fitness price target raised to $80 from $72.50 at Imperial Capital
Imperial Capital analyst George Kelly raised his price target for Planet Fitness to $80 from $72.50 citing the company's "strong" quarter and higher guidance. The analyst views Planet Fitness as a core long-term holding and maintains an Outperform rating on the shares.
11/08/19
ROTH
11/08/19
NO CHANGE
Target $75
ROTH
Buy
Planet Fitness price target lowered to $75 from $86 at Roth Capital
Roth Capital analyst Dave King lowered his price target on shares of Planet Fitness to $75 from $86 as he cut his multiple assumption, but he maintains a Buy rating on the stock following the company's "beat and raise" report. His Buy rating reflects expectations for domestic and international store expansion, member gains and pricing and royalty rate increases, King noted.
10/29/19
WBLR
10/29/19
NO CHANGE
WBLR
Outperform
Planet Fitness valuation attractive into Q3 results, says William Blair
William Blair analyst Sharon Zackfia expects Planet Fitness will meet her above-consensus sales and earnings estimates in Q3, including comps of roughly 7%. She believes the company's membership trends "remain healthy," and projects an approximate 16% year-over-year increase. Planet's stock is down more than 20% since the company reported Q2, which makes for an attractive valuation, Zackfia tells investors in a pre-earnings research note. With comps likely stabilizing into Q4 at roughly 7% and accelerating development, good visibility exists on continued annual earnings growth of 20%-plus, contends the analyst. She keeps an Outperform rating on Planet Fitness.
PRMW Primo Water
$13.91

2.84 (25.65%)

01/13/20
BMOC
01/13/20
DOWNGRADE
Target $14
BMOC
Market Perform
Primo Water downgraded to Market Perform from Outperform at BMO Capital
BMO Capital analyst Amit Sharma downgraded Primo Water to Market Perform from Outperform with a $14 price target after Cott Corporation (COT) announced an agreement to acquire Primo for $14 per share in cash and stock.
01/13/20
NORL
01/13/20
DOWNGRADE
Target $14
NORL
Market Perform
Primo Water downgraded to Market Perform from Outperform at Northland
Northland analyst Mike Grondahl downgraded Primo Water (PRMW) to Market Perform from Outperform with a price target of $14, down from $16, after Cott Corporation (COT) announced an agreement to acquire Primo for $14.00 per share in cash and stock.
01/13/20
WBLR
01/13/20
DOWNGRADE
WBLR
Market Perform
Primo Water downgraded to Market Perform from Outperform at William Blair
William Blair analyst Jon Anderson downgraded Primo Water (PRMW) to Market Perform from Outperform after Cott Corporation (COT) announced an agreement to acquire Primo for $14.00 per share in cash and stock.
11/06/19
LSCM
11/06/19
DOWNGRADE
Target $14
LSCM
Hold
Lake Street downgrades Primo Water to Hold after guidance cut, CEO exit
As previously reported, Lake Street analyst Mark Argento downgraded Primo Water to Hold from Buy with a price target of $14, down from $18, after the company lowered its FY19 guidance "again" and announced the termination of CEO Matt Sheehan. He prefers to move to the sidelines until he rebuilds confidence in the trajectory of the business and management's strategy following another quarter of reduced guidance and poor refill performance and given the CEO transition, Argento tells investors.
SHAK Shake Shack
$60.30

-0.785 (-1.29%)

01/07/20
MKMP
01/07/20
NO CHANGE
Target $65
MKMP
Neutral
Shake Shack price target lowered to $65 from $75 at MKM Partners
MKM Partners analyst Brett Levy lowered his price target for Shake Shack to $65 from $75 and made no change to his Neutral rating, noting that shares have pulled back from mid-3Q19 levels as uncertainty exists related to initiatives and investments, potentially leaving some investors in a state of limbo, before fully buying-in. Levy tells investors in a research note that he believes the combined uncertainty/concerns and premium valuation may continue to weigh on near-term results, overshadowing the longer-term prospects.
12/17/19
12/17/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Shake Shack (SHAK) initiated with a Neutral at Northcoast. 2. JBG Smith Properties (JBGS) initiated with an In Line at Evercore ISI. 3. Amphenol (APH) initiated with a Sector Perform at RBC Capital. 4. Lindblad Expeditions (LIND) initiated with a Buy at Janney Montgomery Scott. 5. Magna (MGA) resumed with an Outperform at RBC Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
01/09/20
01/09/20
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Shake Shack (SHAK) initiated with an Underperform at Raymond James. 2. Spotify (SPOT) initiated with an Underperform at Bernstein. 3. American Express (AXP) initiated with a Neutral at Baird. 4. StarTek (SRT) initiated with a Buy at B. Riley FBR. 5. Ford (F) initiated with a Hold at Benchmark while General Motors (GM) was initiated with a Buy. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
01/08/20
RAJA
01/08/20
INITIATION
RAJA
Underperform
Shake Shack initiated with an Underperform at Raymond James
Raymond James analyst Brian Vaccaro initiated coverage of Shake Shack with an Underperform rating citing "overly optimistic" 2020/2021 expectations that seem to create downside risk. As a result, the analyst believes risk/reward is "negative" and believes long-term investors may be presented a better entry point over the next few quarters when expectations further reset.
STKL SunOpta
$2.78

0.06 (2.21%)

02/27/19
LSCM
02/27/19
NO CHANGE
Target $5
LSCM
Buy
SunOpta selloff yesterday a buying opportunity, says Lake Street
Lake Street analyst Chris Krueger cut his price target for SunOpta to $5 from $10 following the company's "weak" Q4 profits and the termination of its CEO. However, its Q4 sales were "strong," driven by several new customer wins, Krueger tells investors in a post-earnings research note. This was "masked" by continued margin weakness in frozen fruit, the analyst contends. He reduced his estimates saying frozen fruit will continue to be a drag near-term but would use yesterday's selloff as a buying opportunity. Krueger keeps a Buy rating on SunOpta.
TLYS Tilly's
$9.06

-2.61 (-22.37%)

01/13/20
ROTH
01/13/20
NO CHANGE
ROTH
Tilly's holiday results 'disappointing,' says Roth Capital
Roth Capital analyst Dave King maintained a Buy rating and on Tilly's (TLYS), but lowered his price target on shares to $12 from $13, following weaker-than-expected holiday comparisons of -2.0% that caused the company to lower its Q4 EPS guidance by 11c-12c to a range of 18c-20c. Despite this, the analyst maintained his Buy rating, citing Tilly's "attractive relative valuation, strong balance sheet, and focus on preserving product margins." King also expects management to announce "another meaningful special dividend" in the next few weeks.

TODAY'S FREE FLY STORIES

ENV

Envestnet

$70.39

-4.05 (-5.44%)

14:06
01/17/20
01/17
14:06
01/17/20
14:06
Hot Stocks
Lawmakers urge FTC to investigate Envestnet over sale of financial data »

Several U.S. lawmakers,…

03/08/13
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03/06/13
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  • 24

    Feb

SNCA

Seneca Biopharma

$3.80

2.55 (204.00%)

14:06
01/17/20
01/17
14:06
01/17/20
14:06
Syndicate
Seneca Biopharma announces exercise of warrants for $7.55M gross proceeds »

Seneca Biopharma…

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DHT

DHT Holdings

$7.41

0.19 (2.63%)

14:05
01/17/20
01/17
14:05
01/17/20
14:05
Options
DHT Holdings call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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14:05
01/17/20
01/17
14:05
01/17/20
14:05
General news
Action Economics Survey results: »

Action Economics Survey…

BGNE

BeiGene

$169.60

1.72 (1.02%)

14:03
01/17/20
01/17
14:03
01/17/20
14:03
Upgrade
BeiGene rating change  »

BeiGene upgraded to Buy…

03/08/13
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  • 27

    Feb

SNE

Sony

$72.46

-0.09 (-0.12%)

, CMCSA

Comcast

$47.43

0.57 (1.22%)

13:57
01/17/20
01/17
13:57
01/17/20
13:57
On The Fly
Box Office Battle: 'Bad Boys for Life' opens strong »

Welcome to "Box Office…

SNE

Sony

$72.46

-0.09 (-0.12%)

CMCSA

Comcast

$47.43

0.57 (1.22%)

CMCSK

Comcast

$0.00

(0.00%)

T

AT&T

$38.33

0.3 (0.79%)

DIS

Disney

$144.67

-0.43 (-0.30%)

LGF.A

Lionsgate

$10.94

-0.34 (-3.01%)

LGF.B

Lionsgate

$10.30

-0.325 (-3.06%)

VIAC

ViacomCBS

$39.64

-0.41 (-1.02%)

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

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  • 23

    Jan

  • 29

    Jan

  • 04

    Feb

  • 04

    Feb

  • 06

    Feb

  • 06

    Feb

BA

Boeing

$325.18

-6.82 (-2.05%)

13:46
01/17/20
01/17
13:46
01/17/20
13:46
Periodicals
Boeing tells CNBC 'making necessary updates' to MAX after report of new issue »

After ABC's David…

03/08/13
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  • 29

    Jan

BA

Boeing

$326.24

-5.76 (-1.73%)

13:43
01/17/20
01/17
13:43
01/17/20
13:43
Hot Stocks
Breaking Hot Stocks news story on Boeing »

Boeing down 2% to $325.88…

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  • 29

    Jan

VB

Vanguard Small-Cap Index Fund

$169.72

-0.13 (-0.08%)

, IVV

iShares Core S&P 500

$333.10

0.72 (0.22%)

13:43
01/17/20
01/17
13:43
01/17/20
13:43
Technical Analysis
On The Fly: ETF fund flow highlights »

For the week creations…

VB

Vanguard Small-Cap Index Fund

$169.72

-0.13 (-0.08%)

IVV

iShares Core S&P 500

$333.10

0.72 (0.22%)

TLT

iShares 20+ Year Treasury Bond Fund

$138.05

-1.15 (-0.83%)

ESGU

iShares ESG MSCI U.S.A. ETF

$73.74

0.27 (0.37%)

VCSH

Vanguard Short-Term Corporate Bond Index Fund

$81.21

0.025 (0.03%)

SPY

SPDR S&P 500 ETF Trust

$331.63

0.73 (0.22%)

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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BA

Boeing

$326.27

-5.73 (-1.73%)

13:42
01/17/20
01/17
13:42
01/17/20
13:42
Periodicals
ABC learns of another software issue with Boeing 737 Max »

ABC's David Kerley…

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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  • 29

    Jan

JNJ

Johnson & Johnson

$148.97

0.72 (0.49%)

13:39
01/17/20
01/17
13:39
01/17/20
13:39
Periodicals
Judge slashes J&J verdict down to $6.8M from $8B in Risperdal suit, Law.com says »

Philadelphia Court of…

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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  • 22

    Jan

  • 09

    Mar

  • 17

    Mar

JNJ

Johnson & Johnson

$149.03

0.78 (0.53%)

13:17
01/17/20
01/17
13:17
01/17/20
13:17
Periodicals
Judge cuts J&J punishment in Risperdal case to $6.8M from $8B, Bloomberg reports »

On October 8, 2019,…

03/08/13
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03/08/13
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03/06/13
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  • 22

    Jan

  • 09

    Mar

  • 17

    Mar

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
01/17/20
01/17
13:17
01/17/20
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
01/17/20
01/17
13:16
01/17/20
13:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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BKR

Baker Hughes

$23.56

0.06 (0.26%)

13:04
01/17/20
01/17
13:04
01/17/20
13:04
Hot Stocks
Baker Hughes reports U.S. rig count up 15 to 796 rigs »

Baker Hughes reports that…

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  • 22

    Jan

  • 23

    Mar

MDR

McDermott

$0.73

0.0119 (1.66%)

13:02
01/17/20
01/17
13:02
01/17/20
13:02
Hot Stocks
McDermott announces start of commercial operation of Freeport LNG Train 2 »

McDermott International,…

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AMGN

Amgen

$240.69

0.17 (0.07%)

13:02
01/17/20
01/17
13:02
01/17/20
13:02
Recommendations
Amgen analyst commentary  »

Amgen raised prices today…

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  • 30

    Jan

BKR

Baker Hughes

$23.57

0.07 (0.30%)

13:01
01/17/20
01/17
13:01
01/17/20
13:01
Hot Stocks
Breaking Hot Stocks news story on Baker Hughes »

Baker Hughes reports U.S.…

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  • 22

    Jan

  • 23

    Mar

SNCA

Seneca Biopharma

$3.09

1.84 (147.20%)

12:59
01/17/20
01/17
12:59
01/17/20
12:59
Hot Stocks
Seneca Biopharma surges after saying talks starting with 'interested parties' »

Shares of micro-cap…

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AUPH

Aurinia Pharmaceuticals

$20.02

0.19 (0.96%)

12:45
01/17/20
01/17
12:45
01/17/20
12:45
Options
Aurinia Pharmaceuticals 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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12:45
01/17/20
01/17
12:45
01/17/20
12:45
General news
Breaking General news story  »

Week of 1/17 Baker-Hughes…

12:45
01/17/20
01/17
12:45
01/17/20
12:45
General news
Breaking General news story  »

Week of 1/17 Baker-Hughes…

DLAKY

Lufthansa

$0.00

(0.00%)

12:41
01/17/20
01/17
12:41
01/17/20
12:41
Periodicals
Lufthansa extends Tehran flight halt until March 28, Reuters reports »

Lufthansa said that…

03/08/13
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TM

Toyota

$139.71

-0.32 (-0.23%)

12:36
01/17/20
01/17
12:36
01/17/20
12:36
Hot Stocks
Toyota provides outline of production alignment through 2022 »

To "improve the…

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TM

Toyota

$139.71

-0.32 (-0.23%)

12:33
01/17/20
01/17
12:33
01/17/20
12:33
Hot Stocks
Toyota Indiana completes $1.3B modernization, adds 550 new jobs »

Toyota Indiana invested…

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