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Hot Stocks
Alcoa to begin formal process for dismissal of employees at San Ciprian, Spain » 06:03
06/17/20
06/17
06:03
06/17/20
06:03
AA

Alcoa

$11.55 /

+0.15 (+1.32%)

Alcoa to Begin Formal…

Alcoa to Begin Formal Consultation Process With Spanish Works Council Regarding San Ciprian Aluminum Smelter Alcoa plans to begin, on June 25, a formal process for the collective dismissal of employees at its San Ciprian aluminum facility in Spain. On May 28, Alcoa launched an informal process with the workers' representatives to discuss significant and unsustainable circumstances at the aluminum plant. The company now intends to begin the formal 30-day consultation period with the Works Council. The company envisions a restructuring for the aluminum plant that retains a portion of the casthouse in operation. A collective dismissal could potentially affect up to 534 employees of the aluminum plant. No final decisions will be made until the mandatory, formal consultation process is complete. The aluminum smelter has incurred recurring financial losses, which are expected to continue. The San Ciprian alumina refinery is not affected by this formal consultation process.

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AA Alcoa
$11.55 /

+0.15 (+1.32%)

AA Alcoa
$11.55 /

+0.15 (+1.32%)

06/16/20
Fly Intel: Top five analyst downgrades
06/16/20 Deutsche Bank
Alcoa downgraded to Hold with $10 price target at Deutsche Bank
06/15/20 Deutsche Bank
Alcoa downgraded to Hold from Buy at Deutsche Bank
04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
AA Alcoa
$11.55 /

+0.15 (+1.32%)

AA Alcoa
$11.55 /

+0.15 (+1.32%)

AA Alcoa
$11.55 /

+0.15 (+1.32%)

Downgrade
Fly Intel: Top five analyst downgrades » 10:01
06/16/20
06/16
10:01
06/16/20
10:01
AA

Alcoa

$11.87 /

+0.47 (+4.12%)

, AYI

Acuity Brands

$97.83 /

+0.13 (+0.13%)

, NVDA

Nvidia

$365.07 /

-1.96 (-0.53%)

, INTC

Intel

$61.14 /

+1.03 (+1.71%)

, TTM

Tata Motors

$6.30 /

-0.4 (-5.97%)

, APD

Air Products

$240.14 /

+3.28 (+1.38%)

, LIN

Linde plc

$208.24 /

+5.02 (+2.47%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Alcoa (AA) downgraded to Hold from Buy at Deutsche Bank with analyst Chris Terry saying he sees "limited" free cash flow for the company and notes the aluminum market remains oversupplied. 2. Acuity Brands (AYI) downgraded to Sell from Neutral at Goldman Sachs with analyst Brian Lee saying he believes Acuity is "likely to undergo a significant negative estimate revisions cycle" starting with Q3 earnings and persisting into FY21. 3. Nvidia (NVDA) and Intel (INTC) were downgraded to Equal Weight from Overweight at Morgan Stanley. 4. Tata Motors (TTM) downgraded to Underweight from Neutral at JPMorgan. 5. Air Products (APD) and Linde plc (LIN) were downgraded to Hold from Buy at HSBC. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
NVDA Nvidia
$365.07 /

-1.96 (-0.53%)

LIN Linde plc
$208.24 /

+5.02 (+2.47%)

INTC Intel
$61.14 /

+1.03 (+1.71%)

AYI Acuity Brands
$97.83 /

+0.13 (+0.13%)

APD Air Products
$240.14 /

+3.28 (+1.38%)

AA Alcoa
$11.87 /

+0.47 (+4.12%)

AA Alcoa
$11.87 /

+0.47 (+4.12%)

06/16/20 Deutsche Bank
Alcoa downgraded to Hold with $10 price target at Deutsche Bank
06/15/20 Deutsche Bank
Alcoa downgraded to Hold from Buy at Deutsche Bank
04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
AYI Acuity Brands
$97.83 /

+0.13 (+0.13%)

06/15/20 Goldman Sachs
Acuity Brands downgraded to Sell from Neutral at Goldman Sachs
06/09/20 JMP Securities
Acuity Brands downgraded to Market Perform from Outperform at JMP Securities
06/08/20 Oppenheimer
Acuity Brands upgraded to Outperform at Oppenheimer
06/08/20 Oppenheimer
Acuity Brands upgraded to Outperform from Perform at Oppenheimer
NVDA Nvidia
$365.07 /

-1.96 (-0.53%)

06/16/20 Morgan Stanley
Morgan Stanley upgrades Lam Research to Overweight, likes higher memory exposure
06/16/20 Morgan Stanley
Morgan Stanley downgrades Nvidia in shift to broader rebound exposure
06/16/20 Morgan Stanley
Nvidia downgraded to Equal Weight from Overweight at Morgan Stanley
06/12/20 Rosenblatt
Rosenblatt says Jim Keller's departure from Intel a 'big deal'
INTC Intel
$61.14 /

+1.03 (+1.71%)

06/16/20 Morgan Stanley
Morgan Stanley downgrades Intel in shift to broader rebound exposure
06/16/20 Morgan Stanley
Intel downgraded to Equal Weight from Overweight at Morgan Stanley
06/15/20
Fly Intel: Top five analyst upgrades
06/15/20 KeyBanc
KeyBanc sees Intel staging comeback, upgrades to Overweight
TTM Tata Motors
$6.30 /

-0.4 (-5.97%)

06/16/20 JPMorgan
Tata Motors downgraded to Underweight from Neutral at JPMorgan
05/11/20 CLSA
Tata Motors downgraded to Underperform from Buy at CLSA
01/27/20 UBS
Tata Motors upgraded to Buy from Neutral at UBS
10/29/19 Nomura Instinet
Tata Motors upgraded to Neutral from Reduce at Nomura
APD Air Products
$240.14 /

+3.28 (+1.38%)

06/16/20 HSBC
Air Products downgraded to Hold on cyclicality, valuation at HSBC
06/16/20 HSBC
Air Products downgraded to Hold from Buy at HSBC
04/24/20 JPMorgan
Air Products price target raised to $242 from $237 at JPMorgan
04/15/20
Fly Intel: Top five analyst upgrades
LIN Linde plc
$208.24 /

+5.02 (+2.47%)

06/16/20 HSBC
Linde plc downgraded to Hold on cyclicality, valuation at HSBC
06/16/20 HSBC
Linde plc downgraded to Hold from Buy at HSBC
05/26/20 Argus
Linde plc upgraded to Buy from Hold at Argus
05/18/20 UBS
Linde plc price target raised to EUR 200 from EUR 190 at UBS
NVDA Nvidia
$365.07 /

-1.96 (-0.53%)

LIN Linde plc
$208.24 /

+5.02 (+2.47%)

INTC Intel
$61.14 /

+1.03 (+1.71%)

AYI Acuity Brands
$97.83 /

+0.13 (+0.13%)

APD Air Products
$240.14 /

+3.28 (+1.38%)

AA Alcoa
$11.87 /

+0.47 (+4.12%)

NVDA Nvidia
$365.07 /

-1.96 (-0.53%)

INTC Intel
$61.14 /

+1.03 (+1.71%)

APD Air Products
$240.14 /

+3.28 (+1.38%)

NVDA Nvidia
$365.07 /

-1.96 (-0.53%)

LIN Linde plc
$208.24 /

+5.02 (+2.47%)

INTC Intel
$61.14 /

+1.03 (+1.71%)

AYI Acuity Brands
$97.83 /

+0.13 (+0.13%)

AA Alcoa
$11.87 /

+0.47 (+4.12%)

NVDA Nvidia
$365.07 /

-1.96 (-0.53%)

INTC Intel
$61.14 /

+1.03 (+1.71%)

APD Air Products
$240.14 /

+3.28 (+1.38%)

AA Alcoa
$11.87 /

+0.47 (+4.12%)

INTC Intel
$61.14 /

+1.03 (+1.71%)

Downgrade
Alcoa downgraded to Hold with $10 price target at Deutsche Bank » 05:57
06/16/20
06/16
05:57
06/16/20
05:57
AA

Alcoa

$11.40 /

-0.125 (-1.08%)

Deutsche Bank analyst…

Deutsche Bank analyst Chris Terry last night downgraded Alcoa to Hold from Buy with an unchanged price target of $10. The analyst sees "limited" free cash flow for the company and notes the aluminum market remains oversupplied. Terry's revised Q1 EBITDA estimate for Alcoa is 17% below consensus expectations.

ShowHide Related Items >><<
AA Alcoa
$11.40 /

-0.125 (-1.08%)

AA Alcoa
$11.40 /

-0.125 (-1.08%)

06/15/20 Deutsche Bank
Alcoa downgraded to Hold from Buy at Deutsche Bank
04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
AA Alcoa
$11.40 /

-0.125 (-1.08%)

AA Alcoa
$11.40 /

-0.125 (-1.08%)

AA Alcoa
$11.40 /

-0.125 (-1.08%)

Downgrade
Alcoa downgraded to Hold from Buy at Deutsche Bank » 20:33
06/15/20
06/15
20:33
06/15/20
20:33
AA

Alcoa

$11.40 /

-0.125 (-1.08%)

Deutsche Bank analyst…

Deutsche Bank analyst Chris Terry downgraded Alcoa to Hold from Buy with a $10 price target.

ShowHide Related Items >><<
AA Alcoa
$11.40 /

-0.125 (-1.08%)

AA Alcoa
$11.40 /

-0.125 (-1.08%)

04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
03/04/20 BofA
Alcoa upgraded to Neutral from Underperform at BofA
AA Alcoa
$11.40 /

-0.125 (-1.08%)

AA Alcoa
$11.40 /

-0.125 (-1.08%)

AA Alcoa
$11.40 /

-0.125 (-1.08%)

Options
Alcoa call volume above normal and directionally bullish » 15:45
06/11/20
06/11
15:45
06/11/20
15:45
AA

Alcoa

$10.39 /

-1.79 (-14.70%)

Bullish option flow…

Bullish option flow detected in Alcoa with 8,417 calls trading, 1.1x expected, and implied vol increasing over 8 points to 81.76%. Jun-20 10.5 calls and Jun-20 10 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.66. Earnings are expected on July 22nd.

ShowHide Related Items >><<
AA Alcoa
$10.39 /

-1.79 (-14.70%)

AA Alcoa
$10.39 /

-1.79 (-14.70%)

04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
03/04/20 BofA
Alcoa upgraded to Neutral from Underperform at BofA
AA Alcoa
$10.39 /

-1.79 (-14.70%)

AA Alcoa
$10.39 /

-1.79 (-14.70%)

AA Alcoa
$10.39 /

-1.79 (-14.70%)

Hot Stocks
Alcoa still targeting same timeline, proceeds for asset sales  11:51
06/08/20
06/08
11:51
06/08/20
11:51
AA

Alcoa

$12.65 /

+0.58 (+4.81%)

 
ShowHide Related Items >><<
AA Alcoa
$12.65 /

+0.58 (+4.81%)

AA Alcoa
$12.65 /

+0.58 (+4.81%)

04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
03/04/20 BofA
Alcoa upgraded to Neutral from Underperform at BofA
AA Alcoa
$12.65 /

+0.58 (+4.81%)

AA Alcoa
$12.65 /

+0.58 (+4.81%)

AA Alcoa
$12.65 /

+0.58 (+4.81%)

Hot Stocks
Alcoa: "Clearly, the world is producing more aluminum than it needs'  11:34
06/08/20
06/08
11:34
06/08/20
11:34
AA

Alcoa

$12.62 /

+0.55 (+4.56%)

 
ShowHide Related Items >><<
AA Alcoa
$12.62 /

+0.55 (+4.56%)

AA Alcoa
$12.62 /

+0.55 (+4.56%)

04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
03/04/20 BofA
Alcoa upgraded to Neutral from Underperform at BofA
AA Alcoa
$12.62 /

+0.55 (+4.56%)

AA Alcoa
$12.62 /

+0.55 (+4.56%)

AA Alcoa
$12.62 /

+0.55 (+4.56%)

Hot Stocks
Alcoa beginning to see improements in July orders as businesses reopen » 11:32
06/08/20
06/08
11:32
06/08/20
11:32
AA

Alcoa

$12.56 /

+0.49 (+4.06%)

In Q2, sees possible…

In Q2, sees possible partial reversal of foreign exchange benefits seen in Q1. Sees Q2 operational tax rate to be approximately 40%. Comments taken from the Deutsche Bank Global Industrial and Materials Conference.

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AA Alcoa
$12.56 /

+0.49 (+4.06%)

AA Alcoa
$12.56 /

+0.49 (+4.06%)

04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
03/04/20 BofA
Alcoa upgraded to Neutral from Underperform at BofA
AA Alcoa
$12.56 /

+0.49 (+4.06%)

AA Alcoa
$12.56 /

+0.49 (+4.06%)

AA Alcoa
$12.56 /

+0.49 (+4.06%)

Over a month ago
Options
Alcoa call volume above normal and directionally bullish » 12:25
05/28/20
05/28
12:25
05/28/20
12:25
AA

Alcoa

$9.78 /

+ (+0.00%)

Bullish option flow…

Bullish option flow detected in Alcoa with 5,567 calls trading, 1.9x expected, and implied vol increasing over 1 point to 72.82%. Oct-20 15 puts and Jun-20 12 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.47. Earnings are expected on July 22nd.

ShowHide Related Items >><<
AA Alcoa
$9.78 /

+ (+0.00%)

AA Alcoa
$9.78 /

+ (+0.00%)

04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
03/04/20 BofA
Alcoa upgraded to Neutral from Underperform at BofA
AA Alcoa
$9.78 /

+ (+0.00%)

AA Alcoa
$9.78 /

+ (+0.00%)

AA Alcoa
$9.78 /

+ (+0.00%)

Options
Early notable gainers among liquid option names on May 28th » 09:55
05/28/20
05/28
09:55
05/28/20
09:55
AA

Alcoa

$10.29 /

+0.505 (+5.16%)

, ALXN

Alexion

$112.64 /

+6.465 (+6.09%)

, DLTR

Dollar Tree

$95.75 /

+8.32 (+9.52%)

, EQT

EQT Corporation

$14.37 /

+0.18 (+1.27%)

, AEP

American Electric

$83.52 /

+2.04 (+2.50%)

Notable gainers among…

Notable gainers among liquid option names this morning include Dollar Tree (DLTR) $97.53 +10.00, Alexion (ALXN) $114.40 +8.26, Alcoa (AA) $10.23 +0.47, EQT Corporation (EQT) $14.75 +0.58, and American Electric (AEP) $84.34 +2.90.

ShowHide Related Items >><<
EQT EQT Corporation
$14.37 /

+0.18 (+1.27%)

DLTR Dollar Tree
$95.75 /

+8.32 (+9.52%)

ALXN Alexion
$112.64 /

+6.465 (+6.09%)

AEP American Electric
$83.52 /

+2.04 (+2.50%)

AA Alcoa
$10.29 /

+0.505 (+5.16%)

AA Alcoa
$10.29 /

+0.505 (+5.16%)

04/23/20 JPMorgan
Alcoa price target lowered to $12 from $14 at JPMorgan
04/07/20 Citi
Alcoa price target lowered to $7 from $14 at Cit
03/24/20 B. Riley FBR
Alcoa downgraded to Neutral from Buy at B. Riley FBR
03/04/20 BofA
Alcoa upgraded to Neutral from Underperform at BofA
ALXN Alexion
$112.64 /

+6.465 (+6.09%)

05/28/20 Piper Sandler
Alexion settlement could 'clear the deck' for acquirer, says Piper Sandler
05/28/20 Cowen
Alexion settlement may yield upside surprise, says Cowen
05/28/20 Stifel
Alexion, Amgen appear to have agreed to settlement deal, says Stifel
05/26/20 BMO Capital
BMO Capital still sees favorable risk/reward in Alexion following Argenx news
DLTR Dollar Tree
$95.75 /

+8.32 (+9.52%)

05/26/20 Deutsche Bank
Dollar Tree price target raised to $97 from $87 at Deutsche Bank
05/18/20 Gordon Haskett
Colgate, Dollar Tree speculated as possible Peltz targets by Gordon Haskett
05/18/20
Fly Intel: Top five analyst initiations
05/18/20 Goldman Sachs
Dollar Tree initiated with a Buy at Goldman Sachs
EQT EQT Corporation
$14.37 /

+0.18 (+1.27%)

05/11/20 Tudor Pickering
EQT Corporation downgraded to Hold from Buy at Tudor Pickering
04/30/20 Morgan Stanley
EQT Corporation upgraded to Equal Weight on nat gas rally at Morgan Stanley
04/30/20 Morgan Stanley
EQT Corporation upgraded to Equal Weight from Underweight at Morgan Stanley
04/27/20 Wells Fargo
EQT Midstream Partners double upgraded to Overweight at Wells Fargo
AEP American Electric
$83.52 /

+2.04 (+2.50%)

05/20/20 Seaport Global
American Electrici nitiated with a Buy at Seaport Global
05/20/20 Seaport Global
American Electric initiated with a Buy at Seaport Global
05/15/20 BofA
American Electric downgraded to Neutral from Buy at BofA
04/24/20 Morgan Stanley
Federal support for renewables could come in summer, says Morgan Stanley
EQT EQT Corporation
$14.37 /

+0.18 (+1.27%)

DLTR Dollar Tree
$95.75 /

+8.32 (+9.52%)

ALXN Alexion
$112.64 /

+6.465 (+6.09%)

AEP American Electric
$83.52 /

+2.04 (+2.50%)

AA Alcoa
$10.29 /

+0.505 (+5.16%)

EQT EQT Corporation
$14.37 /

+0.18 (+1.27%)

DLTR Dollar Tree
$95.75 /

+8.32 (+9.52%)

ALXN Alexion
$112.64 /

+6.465 (+6.09%)

AEP American Electric
$83.52 /

+2.04 (+2.50%)

EQT EQT Corporation
$14.37 /

+0.18 (+1.27%)

DLTR Dollar Tree
$95.75 /

+8.32 (+9.52%)

ALXN Alexion
$112.64 /

+6.465 (+6.09%)

AA Alcoa
$10.29 /

+0.505 (+5.16%)

EQT EQT Corporation
$14.37 /

+0.18 (+1.27%)

DLTR Dollar Tree
$95.75 /

+8.32 (+9.52%)

ALXN Alexion
$112.64 /

+6.465 (+6.09%)

AA Alcoa
$10.29 /

+0.505 (+5.16%)

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