Wednesday | ||||
On The Fly
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Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations »
10:06 01/25/23 01/2510:06 01/25/2310:06
PM
Philip Morris
Fox Corp.
News Corp.
Hannon Armstrong
News Corp.
SBA Communications
Renault
Microsoft
Block
Booking Holdings
Fisker
Tesla
Cheesecake Factory
Mobileye
Papa John's
Bloomin' Brands
Stryker
Lightspeed
Institutional investors… ShowHide Related Items >><<
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Tuesday | ||||
Upgrade
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SBA Communications upgraded to Peer Perform from Underperform at Wolfe Research »
16:25 01/24/23 01/2416:25 01/24/2316:25
SBAC
SBA Communications
Wolfe Research analyst… Wolfe Research analyst Andrew Rosivach upgraded SBA Communications to Peer Perform from Underperform. ShowHide Related Items >><<
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Monday | ||||
Recommendations
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Quanta Services added to Focus List at Citi »
09:03 01/23/23 01/2309:03 01/23/2309:03
PWR
Quanta Services
MasTec
Jacobs
Citi analyst Andrew… Citi analyst Andrew Kaplowitz says that given a slowing macro environment, engineering and construction investor sentiment will continue to shift towards companies with "growth at a reasonable price" characteristics. Elevated backlogs, relatively healthy demand across most end markets as well as continued investment across multiple secular themes, like clean energy, electrification and defense modernization, could support bookings and project activity even as economic growth slows over the next few quarters, the analyst tells investors in a research note. The firm's top pick remains Quanta Services (PWR), which it added to Citi's Focus List, followed by MasTec (MTZ) and Jacobs (J). ShowHide Related Items >><<
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Recommendations
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SBA Communications price target lowered to $319 from $335 at KeyBanc »
06:11 01/23/23 01/2306:11 01/23/2306:11
SBAC
SBA Communications
KeyBanc analyst Brandon… KeyBanc analyst Brandon Nispel lowered the firm's price target on SBA Communications to $319 from $335 and keeps an Overweight rating on the shares. The analyst sees a tough Q4 setup with outperformance in U.S. and International leasing unlikely. ShowHide Related Items >><<
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Over a week ago | ||||
Recommendations
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B. Riley identifies 5 top ideas across industrials coverage »
08:53 01/18/23 01/1808:53 01/18/2308:53
ALTG
Alta Equipment Group
Bowman Consulting
MasTec
Titan Machinery
Tecnoglass
B. Riley analyst Alex… B. Riley analyst Alex Rygiel identified his five top ideas across his industrials coverage, calling them out as companies he believes "could provide attractive alpha in 2023" with less downside risk than peers. He sees the five - Alta Equipment (ALTG), Bowman Consulting (BWMN), MasTec (MTZ), Titan Machinery (TITN) and Tecnoglass Inc. (TGLS) - having greater visibility in the near-term than most of his coverage and offering "attractive valuations," Rygiel tells investors. He has Buy ratings on all five stocks. ShowHide Related Items >><<
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SBA Communications price target lowered to $350 from $400 at Truist »
07:28 01/13/23 01/1307:28 01/13/2307:28
SBAC
SBA Communications
Truist analyst Greg… Truist analyst Greg Miller lowered the firm's price target on SBA Communications (SBAC) to $350 from $400 but keeps a Buy rating on the shares as part of a broader research note on U.S. Tower REITs. The analyst notes that the long-term growth prospects for the group remain intact for all tower companies with AT&T (T), Verizon (VZ) and T-Mobile's (TMUS) continued efforts to densify their 5G nationwide networks, combined with elevated activity of Dish (DISH). Miller warns however that the short-term growth prospects could be muted due to a potential slowdown of activity from AT&T as it has been executing the deployment schedule on an accelerated pace throughout 2022 as well as with Verizon adding less C-band towers in 2023 than 2022 and T-Mobile slowing 2.4 Ghz deployments. ShowHide Related Items >><<
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MasTec price target raised to $115 from $100 at Barclays »
06:15 01/13/23 01/1306:15 01/13/2306:15
MTZ
MasTec
Barclays analyst Adam… Barclays analyst Adam Seiden raised the firm's price target on MasTec to $115 from $100 and keeps an Overweight rating on the shares. The analyst sees a "more modest year of gains ahead" after a multi-year run of outperformance for the broader machinery and construction space. He says his "conviction deepens after two weeks of strong performance to start 2023." Machinery has outperformed the S&P 500 Index by 20% over five years, Seiden tells investors in a research note. ShowHide Related Items >><<
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Recommendations
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SBA Communications price target lowered to $336 from $341 at Barclays »
06:15 01/12/23 01/1206:15 01/12/2306:15
SBAC
SBA Communications
Barclays analyst Brendan… Barclays analyst Brendan Lynch lowered the firm's price target on SBA Communications to $336 from $341 and keeps an Overweight rating on the shares. Following an analysis of small cells, the analyst says "long-anticipated demand will not materialize in earnest" until 2026 or later. ShowHide Related Items >><<
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Over a month ago | ||||
Recommendations
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MasTec price target lowered to $120 from $125 at Cowen »
08:16 12/27/22 12/2708:16 12/27/2208:16
MTZ
MasTec
Cowen analyst Marc… Cowen analyst Marc Bianchi lowered the firm's price target on MasTec to $120 from $125 and keeps an Outperform rating on the shares after updating his model to reflect the Q3 report and recent conference commentary. He is also rolling his price target 12 months ahead, the analyst noted. ShowHide Related Items >><<
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AT&T-BlackRock fiber JV a 'material positive' for Dycom, says KeyBanc »
10:15 12/23/22 12/2310:15 12/23/2210:15
DY
Dycom
AT&T
BlackRock
After AT&T (T) and a… After AT&T (T) and a fund managed by BlackRock's (BLK) Diversified Infrastructure business announced a definitive agreement to form a joint venture that will operate a commercial fiber platform and serve customers outside AT&T's traditional 21-state wireline service footprint, KeyBanc analyst Sean Eastman noted that Gigapower's initial target is to deploy fiber to 1.5M customer locations incremental to AT&T 30M-plus fiber locations target by the end of 2025. He views this news as "a material positive for telecom E&C contractors," namely Dycom (DY), the analyst tells investors. Eastman keeps an Overweight rating on Dycom shares, which are up $2.42, or about 3%, to $92.97 in Friday morning trading. ShowHide Related Items >><<
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