2023-01-10 16:29:31 FBIN Fortune Brands Innovations
Masco
01/10/23 01/1016:29 01/10/2316:29 | Deutsche shuffles ratings in repair and remodel sector, upgrades PoolWithin the repair and remodel sector, Deutsche Bank analyst Joe Ahlersmeyer believes low-ticket products and projects could soften in the near term as excess savings "evaporate," impacting demand. He believes inflation's effect on the end consumer will ultimately weaken manufacturer pricing power across channels as well. This view, along with valuation considerations, drives his downgrade of Fortune Brands Innovations (FBHS) to Hold from Buy and Masco (MAS) to Sell from Hold. On the other hand, high-ticket remodeling may "counterintuitively" hold up better as locked-in homeowners, largely secure in post-pandemic home equity gains, look to make improvements that can improve the eventual selling price of their home, Ahlersmeyer tells investors in a research note. In keeping with this theme, Ahlersmeyer maintains Buy ratings on Trex Company (TREX), Azek (AZEK), Beacon (BECN) and PGT Innovations (PGTI), and he also upgraded Pool Corp. (POOL) to Buy from Hold. Fortune Brands Innovations
Masco
Trex Company
Azek
Beacon
PGT Innovations
Pool Corp.
|
|
---|
Earnings
|
Chewy sees Q2 revenue $2.75B-$2.77B, consensus $2.70B »
16:33 05/31/23 05/3116:33 05/31/2316:33
CHWY
Chewy
Guidance taken from… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Dassault Systemes price target raised to EUR 34 from EUR 32 at Jefferies »
16:32 05/31/23 05/3116:32 05/31/2316:32
DASTY
Dassault Systemes
Jefferies analyst Charles… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Kinder Morgan boosts storage capacity on Texas intrastate system »
16:32 05/31/23 05/3116:32 05/31/2316:32
KMI
Kinder Morgan
Kinder Morgan announced… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
International Game unit signs eight-year contract with Connecticut Lottery »
16:32 05/31/23 05/3116:32 05/31/2316:32
IGT
International Game
International Game… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Infobird regains compliance with Nasdaq minimum bid price requirement »
16:32 05/31/23 05/3116:32 05/31/2316:32
IFBD
Infobird
Infobird received a… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Pasithea Therapeutics assumed with a Buy at EF Hutton »
16:31 05/31/23 05/3116:31 05/31/2316:31
KTTA
Pasithea Therapeutics
EF Hutton analyst Elemer… Story temporarily locked. ShowHide Related Items >><<
|
On The Fly
|
What You Missed On Wall Street On Wednesday »
16:31 05/31/23 05/3116:31 05/31/2316:31
HPQ
HP Inc.
American Airlines
Advance Auto Parts
Franklin Resources
Economic Data
S&P 500
SPDR S&P 500 ETF Trust
Twilio
Avis Budget
Chevron
Ambarella
Six Flags
Q2 Holdings
Nvidia
Amazon.com
Tesla
Delta Air Lines
Xylem
Teck Resources
Glencore
Verizon
Eldorado Gold
Bumble
Get caught up quickly on… ShowHide Related Items >><<
|
Initiation
|
Longeveron assumed with a Buy at EF Hutton »
16:31 05/31/23 05/3116:31 05/31/2316:31
LGVN
Longeveron
EF Hutton assumed… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Hoth Therapeutics assumed with a Buy at EF Hutton »
16:30 05/31/23 05/3116:30 05/31/2316:30
HOTH
Hoth Therapeutics
EF Hutton analyst Elemer… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Trxade Health assumed with a Buy at EF Hutton »
16:30 05/31/23 05/3116:30 05/31/2316:30
MEDS
Trxade Health
EF Hutton analyst Fozia… Story temporarily locked. ShowHide Related Items >><<
|
Options
| Preliminary option volume… Story temporarily locked. |
Initiation
|
NanoViricides assumed with a Buy at EF Hutton »
16:29 05/31/23 05/3116:29 05/31/2316:29
NNVC
NanoViricides
EF Hutton assumed… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Bone Biologics assumed with a Buy at EF Hutton »
16:29 05/31/23 05/3116:29 05/31/2316:29
BBLG
Bone Biologics
EF Hutton analyst Elemer… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
PowerBand Solutions price target lowered to C$0.02 from C$0.03 at Desjardins »
16:29 05/31/23 05/3116:29 05/31/2316:29
PWWBF
PowerBand Solutions
Desjardins analyst Gary… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
VolitionRx assumed with a Buy at H.C. Wainwright »
16:28 05/31/23 05/3116:28 05/31/2316:28
VNRX
VolitionRx
H.C. Wainwright assumed… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
HCW Biologics assumed with a Buy at EF Hutton »
16:28 05/31/23 05/3116:28 05/31/2316:28
HCWB
HCW Biologics
EF Hutton analyst Tony… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Apollo Global holder Harris sells $47M in company shares »
16:28 05/31/23 05/3116:28 05/31/2316:28
APO
Apollo Global
Apollo Global holder… Story temporarily locked. ShowHide Related Items >><<
|
Earnings
|
Victoria's Secret cuts FY23 revenue view to flat to down low single digits »
16:26 05/31/23 05/3116:26 05/31/2316:26
VSCO
Victoria's Secret
Previous FY23 revenue… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Veeva jumps 6% to $175.99 after Q1 results, FY24 guidance beat estimates
16:25 05/31/23 05/3116:25 05/31/2316:25
VEEV
Veeva
ShowHide Related Items >><<
|
Initiation
|
NVR initiated with a Sell at Deutsche Bank »
16:25 05/31/23 05/3116:25 05/31/2316:25
NVR
NVR
Deutsche Bank analyst Joe… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
KB Home initiated with a Hold at Deutsche Bank »
16:25 05/31/23 05/3116:25 05/31/2316:25
KBH
KB Home
Deutsche Bank initiated… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Taylor Morrison initiated with a Hold at Deutsche Bank »
16:25 05/31/23 05/3116:25 05/31/2316:25
TMHC
Taylor Morrison
Deutsche Bank analyst Joe… Story temporarily locked. ShowHide Related Items >><<
|
Earnings
|
Victoria's Secret sees Q2 EPS 10c-40c, consensus 88c »
16:24 05/31/23 05/3116:24 05/31/2316:24
VSCO
Victoria's Secret
Sees Q2 revenue down… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Okta falls 12% to $79.97 after Q1 earnings and guidance
16:24 05/31/23 05/3116:24 05/31/2316:24
OKTA
Okta
ShowHide Related Items >><<
|
Hot Stocks
|
Pure Storage jumps 7% to $30.89 after Q1 results beat estimates
16:24 05/31/23 05/3116:24 05/31/2316:24
PSTG
Pure Storage
ShowHide Related Items >><<
|