2020-12-02 16:40:38 LLY Eli Lilly
12/02/20 12/0216:40 12/02/2016:40 | Eli Lilly says updated purchase of LY-CoV555 to boost FY20 EPS view by 25cThe company states: "In 2020, the estimated impact of the updated purchase agreement to the guidance range provided in Lilly's earnings release on October 27, 2020 is approximately $500 million of additional revenue and approximately 25 cents of additional earnings per share." TheFly notes that on October 27th, Eli Lilly affirmed its FY20 EPS view of $7.20-$7.40 and revenue view of $23.7B-$24.2B. The impact from the updated order brings that guidance to $7.45-$7.65 vs. consensus $7.25 and revenue of $24.2B-$24.7B vs. consensus $23.72B. |
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Royal Mail upgraded to Buy from Hold at Deutsche Bank »
05:57 01/20/21 01/2005:57 01/20/2105:57
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Repay Holdings initiated with an Equal Weight at Wells Fargo »
05:56 01/20/21 01/2005:56 01/20/2105:56
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H&R Block management to meet virtually with Oppenheimer »
05:55 01/20/21 01/2005:55 01/20/2105:55
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Genetron management to meet virtually with BTIG »
05:55 01/20/21 01/2005:55 01/20/2105:55
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Boralex downgraded to Sector Perform from Outperform at National Bank »
05:53 01/20/21 01/2005:53 01/20/2105:53
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Netflix upgraded to Overweight with $700 price target at Wells Fargo »
05:51 01/20/21 01/2005:51 01/20/2105:51
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Wells Fargo analyst… Wells Fargo analyst Steven Cahall upgraded Netflix to Overweight from Equal Weight with a price target of $700, up from $510 following last night's Q4 results. While Q4 net additions of 8.5M beat expectations, the company's operating leverage "really impressed," Cahall tells investors in a research note. Netflix is now "effectively cash sustaining," says the analyst. He believes that with "little to hinder pricing growth," and the subscriber base still expanding, Netflix can afford to "grow cash content spend AND deliver strong operating leverage." He sees the long-term economics "providing a catalyst runway" for Netflix shares. ShowHide Related Items >><<
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Rightmove downgraded to Underperform from Neutral at BofA »
05:47 01/20/21 01/2005:47 01/20/2105:47
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DSM upgraded to Outperform from Neutral at Credit Suisse »
05:47 01/20/21 01/2005:47 01/20/2105:47
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ProsiebenSat downgraded to Underperform from Neutral at BofA »
05:47 01/20/21 01/2005:47 01/20/2105:47
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Beyond Meat downgraded to Neutral from Buy at BTIG »
05:43 01/20/21 01/2005:43 01/20/2105:43
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BTIG analyst Peter Saleh… BTIG analyst Peter Saleh downgraded Beyond Meat to Neutral from Buy without a price target. The analyst believes growth through the retail channel will not be enough to sustain the company's growth rate and "hefty trading multiple" in 2021. While Saleh continues to believe in the long-term trend toward plant-based meats in the grocery and foodservice channels, he expects restaurant operators will remain focused on throughput over menu innovation, limiting adoption and sales growth through the foodservice channel this year. Further, recent international lockdowns, primarily across Europe, will continue to weigh on new partnerships and sales growth for Beyond Meat until a vaccine is widely available and dining rooms reopen, says the analyst. Shah cites a weaker sales growth outlook, heightened price competition and "elevated valuation" for the downgrade of the shares. ShowHide Related Items >><<
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General Motors added to US 1 List at BofA
05:42 01/20/21 01/2005:42 01/20/2105:42
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Polaris upgraded to Outperform from Market Perform at BMO Capital »
05:39 01/20/21 01/2005:39 01/20/2105:39
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Standard Chartered downgraded to Neutral from Buy at Citi »
05:37 01/20/21 01/2005:37 01/20/2105:37
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Michaels downgraded to Underweight from Equal Weight at Morgan Stanley »
05:35 01/20/21 01/2005:35 01/20/2105:35
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NuStar Energy upgraded to Neutral from Underweight at JPMorgan »
05:34 01/20/21 01/2005:34 01/20/2105:34
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Kroger downgraded to Underweight from Equal Weight at Morgan Stanley »
05:34 01/20/21 01/2005:34 01/20/2105:34
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Xenia Hotels downgraded to Underweight from Equal Weight at Morgan Stanley »
05:33 01/20/21 01/2005:33 01/20/2105:33
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Coloplast upgraded to Hold from Sell at Berenberg »
05:33 01/20/21 01/2005:33 01/20/2105:33
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Albertsons downgraded to Underweight from Equal Weight at Morgan Stanley »
05:32 01/20/21 01/2005:32 01/20/2105:32
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Kiromic BioPharma announces completion, certification of Houston facility »
05:32 01/20/21 01/2005:32 01/20/2105:32
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Gritstone Oncology downgraded to Underperform from Outperform at Baird »
05:31 01/20/21 01/2005:31 01/20/2105:31
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Signature Aviation upgraded to Hold from Sell at Berenberg »
05:30 01/20/21 01/2005:30 01/20/2105:30
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Ambu downgraded to Hold from Buy at DNB Markets »
05:30 01/20/21 01/2005:30 01/20/2105:30
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GlaxoSmithKline downgraded to Underperform from Neutral at Credit Suisse »
05:29 01/20/21 01/2005:29 01/20/2105:29
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Weis Markets CFO Scott Frost to retire, Michael Lockard to succeed »
05:28 01/20/21 01/2005:28 01/20/2105:28
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