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Initiation
Braskem resumed with a Buy at BofA » 09:27
09/21/21
09/21
09:27
09/21/21
09:27
BAK

Braskem

/

+

BofA analyst Frank McGann…

BofA analyst Frank McGann resumed coverage of Braskem with a Buy rating and R$84 price target, or a $32 price target for the U.S. ADRs. He views Braskem as poised to benefit from petrochemical margins that should "stay at attractive levels, though down from recent peaks, as well as an economic recovery and its "leadership in green polyethylene." He still views the valuation as favorable despite the stock's strong price performance, added McGann.

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BAK Braskem
/

+

BAK Braskem
/

+

09/14/21 UBS
Braskem upgraded to Buy from Neutral at UBS
04/22/21
Fly Intel: Top five analyst downgrades
04/22/21 HSBC
Braskem downgraded to Hold on valuation at HSBC
04/22/21 HSBC
Braskem downgraded to Hold from Buy at HSBC
Over a week ago
Hot Stocks
Braskem announces partnership with Gelmart International » 08:06
09/16/21
09/16
08:06
09/16/21
08:06
BAK

Braskem

$26.67 /

+0.31 (+1.18%)

, WMT

Walmart

$144.53 /

+0.28 (+0.19%)

Braskem (BAK) announces…

Braskem (BAK) announces its partnership with Gelmart International, a global manufacturer of intimate apparel. Braskem in supplying its I'm green EVA biopolymer to support production of the world's first-of-its-kind plant-based bra cup sourced from sustainably grown sugarcane. Gelmart's new kindly line of sustainable intimate apparel launched in August and is available exclusively across 3,300 Walmart (WMT) retail stores and online at Walmart.com

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WMT Walmart
$144.53 /

+0.28 (+0.19%)

BAK Braskem
$26.67 /

+0.31 (+1.18%)

09/14/21 UBS
Braskem upgraded to Buy from Neutral at UBS
04/22/21
Fly Intel: Top five analyst downgrades
04/22/21 HSBC
Braskem downgraded to Hold on valuation at HSBC
04/22/21 HSBC
Braskem downgraded to Hold from Buy at HSBC
WMT Walmart
$144.53 /

+0.28 (+0.19%)

08/30/21 Credit Suisse
Amazon deal could add 35%-40% to Affirm contribution profit, says Credit Suisse
08/27/21 Tigress Financial
Walmart valuation limits outperformance potential, says Tigress Financial
08/18/21 Cowen
Walmart price target raised to $175 from $170 at Cowen
08/18/21 DA Davidson
Walmart's Q2 results should support stock gains, says DA Davidson
WMT Walmart
$144.53 /

+0.28 (+0.19%)

WMT Walmart
$144.53 /

+0.28 (+0.19%)

WMT Walmart
$144.53 /

+0.28 (+0.19%)

WMT Walmart
$144.53 /

+0.28 (+0.19%)

Upgrade
Braskem upgraded to Buy from Neutral at UBS » 07:16
09/14/21
09/14
07:16
09/14/21
07:16
BAK

Braskem

$25.61 /

+0.11 (+0.43%)

UBS analyst Luiz Carvalho…

UBS analyst Luiz Carvalho upgraded Braskem to Buy from Neutral with a price target of R$84, up from R$61.

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BAK Braskem
$25.61 /

+0.11 (+0.43%)

04/22/21
Fly Intel: Top five analyst downgrades
04/22/21 HSBC
Braskem downgraded to Hold on valuation at HSBC
04/22/21 HSBC
Braskem downgraded to Hold from Buy at HSBC
03/12/21 Scotiabank
Braskem downgraded to Sector Perform from Outperform at Scotiabank
Over a quarter ago
Downgrade
Fly Intel: Top five analyst downgrades » 09:52
04/22/21
04/22
09:52
04/22/21
09:52
FSR

Fisker

$13.64 /

-1.515 (-10.00%)

, RIDE

Lordstown Motors

$9.37 /

-0.39 (-4.00%)

, PLNT

Planet Fitness

$84.85 /

-1.73 (-2.00%)

, SHLS

Shoals Technologies

$34.01 /

+0.12 (+0.35%)

, BAK

Braskem

$18.48 /

-0.77 (-4.00%)

, WBT

Welbilt

$22.35 /

-0.25 (-1.11%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Fisker (FSR) downgraded to Sell from Neutral with Lordstown Motors (RIDE) downgraded to Neutral from Buy at Goldman Sachs. 2. Planet Fitness (PLNT) downgraded to Neutral from Overweight at Piper Sandler with analyst Peter Keith saying the speed of the company's recovery is uncertain and a "bull case" now seems priced into the shares. 3. Shoals Technologies (SHLS) downgraded to Equal Weight from Overweight at Barclays with analyst Moses Sutton telling investors to not "over-concentrate" in U.S. solar heading into the Q1 results. 4. Braskem (BAK) downgraded to Hold from Buy at HSBC with analyst Lilyanna Yang citing valuation. 5. Welbilt (WBT) downgraded to Sector Weight from Overweight at KeyBanc with analyst Jeffrey Hammond seeing the likelihood of another bidder besides Middleby (MIDD) emerging as low. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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WBT Welbilt
$22.35 /

-0.25 (-1.11%)

RIDE Lordstown Motors
$9.37 /

-0.39 (-4.00%)

PLNT Planet Fitness
$84.85 /

-1.73 (-2.00%)

FSR Fisker
$13.64 /

-1.515 (-10.00%)

BAK Braskem
$18.48 /

-0.77 (-4.00%)

FSR Fisker
$13.64 /

-1.515 (-10.00%)

04/22/21 Goldman Sachs
Fisker downgraded to Sell from Neutral at Goldman Sachs
04/20/21 Morgan Stanley
Fisker remains 'top ranked' EV related SPAC startup, says Morgan Stanley
04/20/21 BofA
Fisker initiated with a Buy at BofA
04/20/21 BofA
Fisker initiated with a Buy at BofA
RIDE Lordstown Motors
$9.37 /

-0.39 (-4.00%)

04/22/21 Goldman Sachs
Lordstown Motors downgraded to Neutral from Buy at Goldman Sachs
04/20/21 BofA
Lordstown Motors initiated with a Neutral at BofA
04/20/21 BofA
Lordstown Motors initiated with a Neutral at BofA
03/18/21 Morgan Stanley
Lordstown Motors price target lowered to $12 from $18 at Morgan Stanley
PLNT Planet Fitness
$84.85 /

-1.73 (-2.00%)

04/22/21 Piper Sandler
Planet Fitness downgraded to Neutral from Overweight at Piper Sandler
04/12/21 JPMorgan
Planet Fitness price target raised to $82 from $72 at JPMorgan
03/04/21 Baird
Planet Fitness price target raised to $100 from $90 at Baird
03/04/21 Cowen
Planet Fitness downgraded to Market Perform from Outperform at Cowen
SHLS Shoals Technologies
$34.01 /

+0.12 (+0.35%)

04/22/21 Barclays
Shoals Technologies downgraded to Equal Weight from Overweight at Barclays
04/01/21 JPMorgan
JPMorgan sees buying opportunities in alternative energy after correction
03/29/21 Morgan Stanley
Morgan Stanley ups Array Technologies to Equal Weight following underperformance
03/22/21 Johnson Rice
Shoals Technologies initiated with a Buy at Johnson Rice
BAK Braskem
$18.48 /

-0.77 (-4.00%)

04/22/21 HSBC
Braskem downgraded to Hold on valuation at HSBC
04/22/21 HSBC
Braskem downgraded to Hold from Buy at HSBC
03/12/21 Scotiabank
Braskem downgraded to Sector Perform from Outperform at Scotiabank
02/24/21 JPMorgan
Braskem upgraded to Overweight from Neutral at JPMorgan
WBT Welbilt
$22.35 /

-0.25 (-1.11%)

04/22/21 Jefferies
Middleby price target raised to $220 from $190 at Jefferies
04/22/21 JPMorgan
Middleby price target raised to $169 from $155 at JPMorgan
04/22/21 KeyBanc
Middleby price target raised to $210 from $195 at KeyBanc
04/22/21 KeyBanc
Welbilt downgraded to Sector Weight from Overweight at KeyBanc
WBT Welbilt
$22.35 /

-0.25 (-1.11%)

SHLS Shoals Technologies
$34.01 /

+0.12 (+0.35%)

RIDE Lordstown Motors
$9.37 /

-0.39 (-4.00%)

PLNT Planet Fitness
$84.85 /

-1.73 (-2.00%)

FSR Fisker
$13.64 /

-1.515 (-10.00%)

  • 27
    Jan
WBT Welbilt
$22.35 /

-0.25 (-1.11%)

RIDE Lordstown Motors
$9.37 /

-0.39 (-4.00%)

PLNT Planet Fitness
$84.85 /

-1.73 (-2.00%)

FSR Fisker
$13.64 /

-1.515 (-10.00%)

WBT Welbilt
$22.35 /

-0.25 (-1.11%)

SHLS Shoals Technologies
$34.01 /

+0.12 (+0.35%)

RIDE Lordstown Motors
$9.37 /

-0.39 (-4.00%)

PLNT Planet Fitness
$84.85 /

-1.73 (-2.00%)

FSR Fisker
$13.64 /

-1.515 (-10.00%)

WBT Welbilt
$22.35 /

-0.25 (-1.11%)

SHLS Shoals Technologies
$34.01 /

+0.12 (+0.35%)

RIDE Lordstown Motors
$9.37 /

-0.39 (-4.00%)

PLNT Planet Fitness
$84.85 /

-1.73 (-2.00%)

FSR Fisker
$13.64 /

-1.515 (-10.00%)

Downgrade
Braskem downgraded to Hold on valuation at HSBC » 06:35
04/22/21
04/22
06:35
04/22/21
06:35
BAK

Braskem

$19.18 /

+0.45 (+2.40%)

HSBC analyst Lilyanna…

HSBC analyst Lilyanna Yang downgraded Braskem to Hold from Buy with a price target of $20, up from $13. The analyst cites valuation for the downgrade but expects Braskem to report "another strong quarter" this Q1 on high petrochems spreads across the Americas.

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BAK Braskem
$19.18 /

+0.45 (+2.40%)

BAK Braskem
$19.18 /

+0.45 (+2.40%)

04/22/21 HSBC
Braskem downgraded to Hold from Buy at HSBC
03/12/21 Scotiabank
Braskem downgraded to Sector Perform from Outperform at Scotiabank
02/24/21 JPMorgan
Braskem upgraded to Overweight from Neutral at JPMorgan
10/21/20 Grupo Santander
Braskem upgraded to Buy from Hold at Santander
Downgrade
Braskem downgraded to Hold from Buy at HSBC » 05:12
04/22/21
04/22
05:12
04/22/21
05:12
BAK

Braskem

$19.18 /

+0.45 (+2.40%)

HSBC analyst Lilyanna…

HSBC analyst Lilyanna Yang downgraded Braskem to Hold from Buy with a $20 price target.

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BAK Braskem
$19.18 /

+0.45 (+2.40%)

BAK Braskem
$19.18 /

+0.45 (+2.40%)

03/12/21 Scotiabank
Braskem downgraded to Sector Perform from Outperform at Scotiabank
02/24/21 JPMorgan
Braskem upgraded to Overweight from Neutral at JPMorgan
10/21/20 Grupo Santander
Braskem upgraded to Buy from Hold at Santander
06/12/20 UBS
UBS downgrades Braskem to Neutral after 35% rally
Downgrade
Braskem downgraded to Sector Perform from Outperform at Scotiabank » 12:18
03/12/21
03/12
12:18
03/12/21
12:18
BAK

Braskem

$12.09 /

+0.18 (+1.51%)

Scotiabank analyst Ben…

Scotiabank analyst Ben Isaacson downgraded Braskem to Sector Perform from Outperform with an unchanged price target of R$35, equating to a U.S. dollar target of $12.25. Despite a strong finish to the year and what he calls "a knock-out Q1," he is becoming "increasingly cautious about continued outperformance" given that "COVID is nearly out of control in Brazil" as well as the stock's "outstanding run" over the past few months, Isaacson said.

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BAK Braskem
$12.09 /

+0.18 (+1.51%)

BAK Braskem
$12.09 /

+0.18 (+1.51%)

02/24/21 JPMorgan
Braskem upgraded to Overweight from Neutral at JPMorgan
10/21/20 Grupo Santander
Braskem upgraded to Buy from Hold at Santander
06/12/20 UBS
UBS downgrades Braskem to Neutral after 35% rally
06/12/20 UBS
Braskem downgraded to Neutral from Buy at UBS
Upgrade
Braskem upgraded to Overweight from Neutral at JPMorgan » 04:46
02/24/21
02/24
04:46
02/24/21
04:46
BAK

Braskem

$11.14 /

-0.205 (-1.81%)

JPMorgan analyst Ricardo…

JPMorgan analyst Ricardo Rezende upgraded Braskem to Overweight from Neutral with a $14 price target.

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BAK Braskem
$11.14 /

-0.205 (-1.81%)

BAK Braskem
$11.14 /

-0.205 (-1.81%)

10/21/20 Grupo Santander
Braskem upgraded to Buy from Hold at Santander
06/12/20 UBS
UBS downgrades Braskem to Neutral after 35% rally
06/12/20 UBS
Braskem downgraded to Neutral from Buy at UBS
05/18/20 JPMorgan
Braskem upgraded to Neutral from Underweight at JPMorgan
Hot Stocks
Braskem, Encina announce collaboration to develop recycled polypropylene » 08:07
12/07/20
12/07
08:07
12/07/20
08:07
BAK

Braskem

$8.73 /

+0.16 (+1.87%)

Braskem announces its…

Braskem announces its collaboration with Encina Development Group to develop a long-term relationship enabling the production of circular, recycled polypropylene. Encina's technology is able to produce renewable chemicals made from post-consumer plastic and the company is targeting to break ground on a new facility in the second half of 2021. Once completed, the facility is targeted to process 175,000 tons of plastic waste, converting it into more than 90,000 tons of recycled chemicals per year. The plant will be designed to expand to 350,000 tons of incoming plastic waste in future phases. Encina's new facility will leverage its proprietary technology that economically extracts chemicals from plastic through catalytic pyrolysis. The process utilizes mixed plastics from post-consumer sources, which are currently costly to recycle and often destined for landfills. As part of the collaboration, Braskem will work closely with Encina to develop the necessary logistics, product quality and certifications for a recycled propylene feedstock that Braskem will use in the production of recycled PP materials in applications such as food packaging, consumer and hygiene products. The parties announce their intent to develop a formal supply agreement prior to the project's financing approval in 2021.

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BAK Braskem
$8.73 /

+0.16 (+1.87%)

BAK Braskem
$8.73 /

+0.16 (+1.87%)

10/21/20 Grupo Santander
Braskem upgraded to Buy from Hold at Santander
06/12/20 UBS
UBS downgrades Braskem to Neutral after 35% rally
06/12/20 UBS
Braskem downgraded to Neutral from Buy at UBS
05/18/20 JPMorgan
Braskem upgraded to Neutral from Underweight at JPMorgan
Upgrade
Braskem upgraded to Buy from Hold at Santander » 05:39
10/21/20
10/21
05:39
10/21/20
05:39
BAK

Braskem

$8.36 /

+0.27 (+3.34%)

Santander analyst…

Santander analyst Christian Audi upgraded Braskem to Buy from Hold with a R$28 price target.

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BAK Braskem
$8.36 /

+0.27 (+3.34%)

BAK Braskem
$8.36 /

+0.27 (+3.34%)

06/12/20 UBS
UBS downgrades Braskem to Neutral after 35% rally
06/12/20 UBS
Braskem downgraded to Neutral from Buy at UBS
05/18/20 JPMorgan
Braskem upgraded to Neutral from Underweight at JPMorgan
05/13/20
Fly Intel: Top five analyst upgrades

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