Breaking News

Yesterday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Alliance Data reports June net charge offs 4.8% vs. 5.2% last month » 07:38
07/29/21
07/29
07:38
07/29/21
07:38
ADS

Alliance Data

$98.98 /

+0.49 (+0.50%)

Reports June delinquency…

Reports June delinquency ratio 3.3% vs. 3.2% last month.

ShowHide Related Items >><<
ADS Alliance Data
$98.98 /

+0.49 (+0.50%)

ADS Alliance Data
$98.98 /

+0.49 (+0.50%)

06/14/21 RBC Capital
Alliance Data coverage transferred at RBC Capital
06/04/21
Fly Intel: Top five analyst downgrades
06/04/21 BofA
BofA downgrades Alliance Data to Neutral following 'big run'
06/04/21 BofA
Alliance Data downgraded to Neutral from Buy at BofA
ADS Alliance Data
$98.98 /

+0.49 (+0.50%)

Earnings
Alliance Data reports Q2 EPS $5.47, consensus $3.85 » 07:19
07/29/21
07/29
07:19
07/29/21
07:19
ADS

Alliance Data

$98.98 /

+0.49 (+0.50%)

Reports Q2 revenue…

Reports Q2 revenue $1.01B, consensus $1.04B.

ShowHide Related Items >><<
ADS Alliance Data
$98.98 /

+0.49 (+0.50%)

ADS Alliance Data
$98.98 /

+0.49 (+0.50%)

06/14/21 RBC Capital
Alliance Data coverage transferred at RBC Capital
06/04/21
Fly Intel: Top five analyst downgrades
06/04/21 BofA
BofA downgrades Alliance Data to Neutral following 'big run'
06/04/21 BofA
Alliance Data downgraded to Neutral from Buy at BofA
ADS Alliance Data
$98.98 /

+0.49 (+0.50%)

Over a month ago
Hot Stocks
Alliance Data reports May net charge offs 5.2% vs. 5.2% last month » 07:31
06/15/21
06/15
07:31
06/15/21
07:31
ADS

Alliance Data

$109.96 /

-1.815 (-1.62%)

Reports May delinquency…

Reports May delinquency ratio 3.2% vs. 3.4% last month.

ShowHide Related Items >><<
ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

06/14/21 RBC Capital
Alliance Data coverage transferred at RBC Capital
06/04/21
Fly Intel: Top five analyst downgrades
06/04/21 BofA
BofA downgrades Alliance Data to Neutral following 'big run'
06/04/21 BofA
Alliance Data downgraded to Neutral from Buy at BofA
ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

Recommendations
Alliance Data coverage transferred at RBC Capital » 16:43
06/14/21
06/14
16:43
06/14/21
16:43
ADS

Alliance Data

$109.96 /

-1.815 (-1.62%)

RBC Capital transferred…

RBC Capital transferred coverage of Alliance Data to analyst Jon Arfstrom, who maintained an Outperform rating and $126 price target on the stock.

ShowHide Related Items >><<
ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

06/04/21
Fly Intel: Top five analyst downgrades
06/04/21 BofA
BofA downgrades Alliance Data to Neutral following 'big run'
06/04/21 BofA
Alliance Data downgraded to Neutral from Buy at BofA
05/20/21 Truist
Alliance Data price target raised to $150 from $95 at Truist
ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

ADS Alliance Data
$109.96 /

-1.815 (-1.62%)

Downgrade
Fly Intel: Top five analyst downgrades » 09:53
06/04/21
06/04
09:53
06/04/21
09:53
PNR

Pentair

$68.86 /

-0.7 (-1.01%)

, WKHS

Workhorse Group

$13.94 /

-0.82 (-5.56%)

, ADS

Alliance Data

$120.82 /

-2.19 (-1.78%)

, GO

Grocery Outlet

$33.50 /

-0.94 (-2.73%)

, ASB

Associated Banc-Corp

$22.94 /

-0.19 (-0.82%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Pentair (PNR) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Joshua Pokrzywinski saying he sees fewer upside surprises from its residential exposure from here or earnings revisions that would justify a premium valuation. 2. Workhorse Group (WKHS) downgraded to Market Perform from Outperform at Cowen with analyst Jeffrey Osborne saying the shares are fairly valued following the recent rally which is not supported by fundamentals or company specific catalysts. 3. Alliance Data (ADS) downgraded to Neutral from Buy at BofA with analyst Mihir Bhatia citing both the stock's "big run" with shares up 66% year-to-date and his view that Alliance has few near-term catalysts. 4. Grocery Outlet (GO) downgraded to Hold from Buy at Jefferies with analyst Randal Konik saying while the company's long-term prospects remain "compelling," the grocery industry backdrop is becoming more difficult and he projects inflationary cost pressures across wages, freight, and product will reduce Grocery Outlet's EPS growth rate, weighing on the multiple. 5. Associated Banc-Corp (ASB) downgraded to Equal Weight from Overweight at Wells Fargo with analyst Jared Shaw telling investors in a research note that the near-term credit catalyst has played out and loan growth will be challenging in the near-term. 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 >><<
WKHS Workhorse Group
$13.94 /

-0.82 (-5.56%)

PNR Pentair
$68.86 /

-0.7 (-1.01%)

GO Grocery Outlet
$33.50 /

-0.94 (-2.73%)

ASB Associated Banc-Corp
$22.94 /

-0.19 (-0.82%)

ADS Alliance Data
$120.82 /

-2.19 (-1.78%)

PNR Pentair
$68.86 /

-0.7 (-1.01%)

06/04/21 Morgan Stanley
Pentair downgraded to Underweight from Equal Weight at Morgan Stanley
04/23/21 Citi
Pentair price target raised to $78 from $73 at Citi
04/06/21 Barclays
Pentair price target raised to $57 from $55 at Barclays
03/08/21 Barclays
Pentair price target raised to $55 from $48 at Barclays
WKHS Workhorse Group
$13.94 /

-0.82 (-5.56%)

06/04/21 Cowen
Workhorse Group downgraded to Market Perform from Outperform at Cowen
05/11/21 B. Riley
B. Riley cuts Workhorse target but says earnings selloff overblown
05/10/21 Roth Capital
Workhorse Group price target lowered to $8.50 from $15 at Roth Capital
04/16/21 B. Riley
B. Riley says Workhorse can deliver without Post Office, starts with Buy
ADS Alliance Data
$120.82 /

-2.19 (-1.78%)

06/04/21 BofA
BofA downgrades Alliance Data to Neutral following 'big run'
06/04/21 BofA
Alliance Data downgraded to Neutral from Buy at BofA
05/20/21 Truist
Alliance Data price target raised to $150 from $95 at Truist
05/19/21 Stephens
Alliance Data price target raised to $133 from $124 at Stephens
GO Grocery Outlet
$33.50 /

-0.94 (-2.73%)

06/04/21 Jefferies
Jefferies downgrades Grocery Outlet to Hold on inflation headwinds
06/04/21 Jefferies
Grocery Outlet downgraded to Hold from Buy at Jefferies
05/12/21
Fly Intel: Top five analyst downgrades
05/12/21 Craig-Hallum
Grocery Outlet downgraded to Hold at Craig-Hallum
ASB Associated Banc-Corp
$22.94 /

-0.19 (-0.82%)

06/04/21 Wells Fargo
Associated Banc-Corp downgraded to Equal Weight from Overweight at Wells Fargo
06/04/21 Wells Fargo
Associated Banc-Corp downgraded to Equal Weight from Overweight at Wells Fargo
01/07/21 BofA
Associated Banc-Corp upgraded to Neutral from Underperform at BofA
10/08/20 Wells Fargo
Associated Banc-Corp upgraded to Overweight from Equal Weight at Wells Fargo
WKHS Workhorse Group
$13.94 /

-0.82 (-5.56%)

PNR Pentair
$68.86 /

-0.7 (-1.01%)

GO Grocery Outlet
$33.50 /

-0.94 (-2.73%)

ASB Associated Banc-Corp
$22.94 /

-0.19 (-0.82%)

ADS Alliance Data
$120.82 /

-2.19 (-1.78%)

  • 13
    Aug
WKHS Workhorse Group
$13.94 /

-0.82 (-5.56%)

WKHS Workhorse Group
$13.94 /

-0.82 (-5.56%)

PNR Pentair
$68.86 /

-0.7 (-1.01%)

GO Grocery Outlet
$33.50 /

-0.94 (-2.73%)

WKHS Workhorse Group
$13.94 /

-0.82 (-5.56%)

ADS Alliance Data
$120.82 /

-2.19 (-1.78%)

Downgrade
BofA downgrades Alliance Data to Neutral following 'big run' » 06:58
06/04/21
06/04
06:58
06/04/21
06:58
ADS

Alliance Data

$122.98 /

-1.65 (-1.32%)

As previously reported,…

As previously reported, BofA analyst Mihir Bhatia downgraded Alliance Data to Neutral from Buy with an unchanged price target of $130, citing both the stock's "big run" with shares up 66% year-to-date and his view that Alliance has few near-term catalysts. Bhatia is forecasting only "flattish" full-year revenues as he expects loan growth to be pressured in the near-term, the analyst added.

ShowHide Related Items >><<
ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

06/04/21 BofA
Alliance Data downgraded to Neutral from Buy at BofA
05/20/21 Truist
Alliance Data price target raised to $150 from $95 at Truist
05/19/21 Stephens
Alliance Data price target raised to $133 from $124 at Stephens
05/13/21 Oppenheimer
Alliance Data price target lowered to $135 from $145 at Oppenheimer
ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

Downgrade
Alliance Data downgraded to Neutral from Buy at BofA » 06:10
06/04/21
06/04
06:10
06/04/21
06:10
ADS

Alliance Data

$122.98 /

-1.65 (-1.32%)

BofA analyst Mihir Bhatia…

BofA analyst Mihir Bhatia downgraded Alliance Data to Neutral from Buy with a $130 price target.

ShowHide Related Items >><<
ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

05/20/21 Truist
Alliance Data price target raised to $150 from $95 at Truist
05/19/21 Stephens
Alliance Data price target raised to $133 from $124 at Stephens
05/13/21 Oppenheimer
Alliance Data price target lowered to $135 from $145 at Oppenheimer
04/30/21 RBC Capital
Alliance Data price target raised to $126 from $114 at RBC Capital
ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

ADS Alliance Data
$122.98 /

-1.65 (-1.32%)

Recommendations
Alliance Data price target raised to $150 from $95 at Truist » 07:21
05/20/21
05/20
07:21
05/20/21
07:21
ADS

Alliance Data

$118.98 /

-0.935 (-0.78%)

Truist analyst Andrew…

Truist analyst Andrew Jeffrey raised the firm's price target on Alliance Data to $150 from $95 and keeps a Buy rating on the shares. The company's Investor Day presentation highlighted digital, data, and product improvements for a reinvigorated value-add platform, the analyst tells investors in a research note. Jeffrey adds that the management's receivables outlook looks "conservative", with upside drivers possible from the recently-acquired Bread and from a broader economic rebound.

ShowHide Related Items >><<
ADS Alliance Data
$118.98 /

-0.935 (-0.78%)

ADS Alliance Data
$118.98 /

-0.935 (-0.78%)

05/19/21 Stephens
Alliance Data price target raised to $133 from $124 at Stephens
05/13/21 Oppenheimer
Alliance Data price target lowered to $135 from $145 at Oppenheimer
04/30/21 RBC Capital
Alliance Data price target raised to $126 from $114 at RBC Capital
04/08/21 Evercore ISI
Alliance Data initiated with an In Line at Evercore ISI
ADS Alliance Data
$118.98 /

-0.935 (-0.78%)

ADS Alliance Data
$118.98 /

-0.935 (-0.78%)

Recommendations
Alliance Data price target raised to $133 from $124 at Stephens » 08:45
05/19/21
05/19
08:45
05/19/21
08:45
ADS

Alliance Data

$119.91 /

-2.28 (-1.87%)

Stephens analyst Vincent…

Stephens analyst Vincent Caintic raised the firm's price target on Alliance Data to $133 from $124 and keeps an Equal Weight rating on the shares following the company's investor day, which he said "did not have much in the way of new information." He has raised his 2022 EPS estimates due to better credit and a lower ongoing credit reserve than he anticipated, but Caintic notes that Alliance's long-term guidance was in line with market expectations and he thinks the lack of a catalyst is what drove shares lower yesterday.

ShowHide Related Items >><<
ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

05/13/21 Oppenheimer
Alliance Data price target lowered to $135 from $145 at Oppenheimer
04/30/21 RBC Capital
Alliance Data price target raised to $126 from $114 at RBC Capital
04/08/21 Evercore ISI
Alliance Data initiated with an In Line at Evercore ISI
03/31/21 Argus
Alliance Data price target raised to $130 from $95 at Argus
ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

Hot Stocks
Alliance Data unit signs multi-year renewal agreement with Signet Jewelers » 16:19
05/18/21
05/18
16:19
05/18/21
16:19
ADS

Alliance Data

$119.91 /

-2.28 (-1.87%)

, SIG

Signet Jewelers

$62.76 /

-2.88 (-4.39%)

Alliance Data Systems…

Alliance Data Systems (ADS) announced that its Card Services business, has signed a multi-year renewal agreement with Signet Jewelers (SIG) to continue providing private label credit card services. Alliance Data will continue to provide leading private label credit card programs across Signet's Kay Jewelers, Zales, Jared and Piercing Pagoda banners, with a broad promotional plan offering to support customers' unique needs and preferences. Signet has also implemented credit marketing support via Alliance Data's Enhanced Digital Suite, which incorporates dynamic credit messaging to drive purchase option awareness, better conversion and engagement, supporting Signet's ability to serve customers across a connected commerce experience. Alliance Data and Signet will continue to partner on data and analytics solutions to provide advanced customer insights that drive top-line sales.

ShowHide Related Items >><<
SIG Signet Jewelers
$62.76 /

-2.88 (-4.39%)

ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

05/13/21 Oppenheimer
Alliance Data price target lowered to $135 from $145 at Oppenheimer
04/30/21 RBC Capital
Alliance Data price target raised to $126 from $114 at RBC Capital
04/08/21 Evercore ISI
Alliance Data initiated with an In Line at Evercore ISI
03/31/21 Argus
Alliance Data price target raised to $130 from $95 at Argus
SIG Signet Jewelers
$62.76 /

-2.88 (-4.39%)

04/13/21 Wells Fargo
Signet Jewelers price target raised to $57 from $50 at Wells Fargo
01/15/21 Citi
Signet Jewelers price target raised to $45 from $40 at Citi
01/12/21 Citi
Signet Jewelers upgraded to Neutral from Sell at Citi
01/08/21 Northcoast
Signet Jewelers upgraded to Buy from Neutral at Northcoast
SIG Signet Jewelers
$62.76 /

-2.88 (-4.39%)

ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

SIG Signet Jewelers
$62.76 /

-2.88 (-4.39%)

SIG Signet Jewelers
$62.76 /

-2.88 (-4.39%)

ADS Alliance Data
$119.91 /

-2.28 (-1.87%)

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.