Over a month ago
Recommendations
Cowen analyst Marc…
Cowen analyst Marc Bianchi raised the firm's price target on NOV Inc. to $27 from $26 and keeps an Outperform rating on the shares. The analyst said they reported a solid 4Q but 1Q guide was essentially inline with consensus.
Show Hide Related Items >> <<
02/07/23 NOV Inc. sees using cash to fund 'meaningful growth' in business 02/08/23 Susquehanna NOV Inc. price target raised to $29 from $26 at Susquehanna 01/19/23 Benchmark NOV Inc. initiated with a Buy at Benchmark 01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 02/06/23 NOV Inc. reports Q4 EPS 26c, consensus 24c 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 02/06/23 Fly Intel: After-Hours Movers 01/19/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 02/06/23 National Oilwell options imply 6.2% move in share price post-earnings
Recommendations
Susquehanna analyst…
Susquehanna analyst Charles Minervino raised the firm's price target on NOV Inc. to $29 from $26 and keeps a Positive rating on the shares. The analyst said we believe NOV is entering a key part of its cycle that should include strong revenue growth, margin expansion, and order activity. It also appears supply bottlenecks are loosening, which should bode well for delivering on backlog and margins.
Show Hide Related Items >> <<
02/07/23 NOV Inc. sees using cash to fund 'meaningful growth' in business 01/19/23 Benchmark NOV Inc. initiated with a Buy at Benchmark 01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 02/06/23 NOV Inc. reports Q4 EPS 26c, consensus 24c 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 02/06/23 Fly Intel: After-Hours Movers 01/19/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 02/06/23 National Oilwell options imply 6.2% move in share price post-earnings
Hot Stocks
NOV said on its Q4…
NOV said on its Q4 earnings conference call that it is committed to returning excess capital to shareholders, wh ether it's through increasing the dividend or a share repurchase program. At the same time, NOV sees the anticipated near-term uses of cash to fund "meaningful growth" in its businesses, along with an M&A environment "that is looking a bit more constructive," means it is not ready to increase return of capital to shareholders at this time.
Show Hide Related Items >> <<
01/19/23 Benchmark NOV Inc. initiated with a Buy at Benchmark 01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 02/06/23 NOV Inc. reports Q4 EPS 26c, consensus 24c 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 02/06/23 Fly Intel: After-Hours Movers 01/19/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 02/06/23 National Oilwell options imply 6.2% move in share price post-earnings
On The Fly
Check out this evening's…
Show Hide Related Items >> <<
02/01/23 ZoomInfo appoints Ali Dasdan as CTO, Dave Justice as chief revenue officer 11/16/22 ZoomInfo sees 4% sequential growth in Q4, possible 4%-5% per quarter in 2023 11/16/22 ZoomInfo Technologies trading resumes 11/16/22 ZoomInfo Technologies trading halted, volatility trading pause 02/06/23 Skyworks announces new $2B buyback 01/31/23 Mobile phone, PC shipments to fall another 4.4% in 2023, Gartner says 01/05/23 Skyworks says inventory overhang could possibly last into June 09/21/22 Skyworks CEO: Our portfolio is expanding 02/06/23 Spirit Airlines sees FY23 ASM up 19%-22% 02/06/23 Spirit Airlines sees Q1 ASM up 13.2% 02/06/23 Spirit Airlines sees Q1 TRASM up 23%-24.5% 01/26/23 JetBlue expects Spirit deal to close no later than 1H24 02/06/23 Rambus sees Q1 GAAP licensing billings $61M-$67M 11/16/22 Rambus COO Fan sells 51,772 common shares 10/31/22 Rambus and Samsung extend comprehensive pact for additional 10 years 09/12/22 Rambus initiates $100M share repurchase plan 02/06/23 Pinterest falls 10% to $25.18 after Q4 results, announcement of CFO departure 02/06/23 Pinterest sees Q1 revenue up low single digits 02/06/23 Pinterest board announces new $500M buyback 02/06/23 Pinterest CFO Todd Morgenfeld to step down 02/06/23 PetMed Express announces quarterly dividend of 30c per share 01/17/23 PetMed Express to acquire PetCareRx, terms undisclosed $469.21 / +10.065 (+2.19%)
01/31/23 Lockheed Martin awarded $133.62M Navy contract modification 01/26/23 Lockheed Martin awarded $656.77M Army contract modification 01/26/23 Lockheed Martin Ventures invests in Machina Labs 01/25/23 SAP selected by Lockheed Martin for 1LMX program solution 02/06/23 Leggett & Platt sees FY23 CapEx $100M 10/11/22 Leggett & Platt falls -11.9% 10/11/22 Leggett & Platt falls -8.9% 10/10/22 Leggett & Platt drops 9% to $31.39 after lowering FY22 guidance 01/10/23 Intapp, ComplySci partner for conflict clearance operations 10/25/22 Intapp's OnePlace Collaboration selected by Kreston Reeves 09/21/22 Intapp partners with Equilar to help investors expand reach of their networks 02/06/23 Genworth names Jerome Upton as CFO 10/04/22 DZS enters partnership agreement with Fabrinet 08/16/22 Fabrinet approves buyback for additional $78.7M in common stock 02/06/23 Chegg falls 21% to $16.63 after FY23 revenue guidance misses estimates 02/01/23 DoorDash, Chegg announce partnership offer 01/19/23 Chegg rises 4.4% 01/18/23 Chegg falls -14.9% 02/01/23 Blink Charging retains ShareIntel to investigate illegal shorting activity 01/26/23 Blink Charging enters national supplier agreement with Vizient 01/24/23 Blink Charging, EdgeEnergy collaborate on ultra-fast EV charging 01/18/23 Blink Charging announces exclusive EV charging pact with Mitsubishi Motors NA 02/06/23 Bed Bath & Beyond continues drop, now down 26% after announcing stock offering 02/06/23 Bed Bath & Beyond falls 13% after announcing stock offering 01/29/23 Fly Intel: Top five weekend stock stories 01/27/23 S&P downgrades Bed Bath & Beyond, says has insufficient funds 12/07/22 Alpha & Omega announces executive leadership transition 12/30/22 Wedbush Wedbush favors four homebuilding stocks heading into 2023 12/14/22 Barclays Skyline Champion downgraded to Equal Weight from Overweight at Barclays 11/03/22 Craig-Hallum Skyline Champion price target lowered to $65 from $75 at Craig-Hallum 11/03/22 RBC Capital Skyline Champion cut to Sector Perform at RBC Capital on sharp decline in orders 11/08/22 Credit Suisse Intapp price target raised to $27 from $22 at Credit Suisse 11/08/22 Piper Sandler Intapp price target raised to $26 from $19 at Piper Sandler 09/08/22 Truist Intapp price target lowered to $28 from $45 at Truist 09/08/22 Raymond James Intapp price target lowered to $20 from $26 at Raymond James 10/03/22 Barclays Kennametal price target lowered to $24 from $25 at Barclays 08/03/22 Barclays Kennametal price target lowered to $25 from $26 at Barclays 07/20/22 Loop Capital Kennametal price target lowered to $22 from $29 at Loop Capital 07/15/22 Jefferies Kennametal price target lowered to $35 from $45 at Jefferies 12/20/22 Deutsche Bank Spirit Airlines downgraded on regulatory process at Deutsche Bank 12/20/22 Deutsche Bank Spirit Airlines downgraded to Hold from Buy at Deutsche Bank 11/01/22 Citi Spirit Airlines price target raised to $23 from $22 at Citi 09/30/22 Citi Spirit Airlines reinstated with a Neutral at Citi (yesterday) 01/19/23 Benchmark NOV Inc. initiated with a Buy at Benchmark 01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 01/23/23 Barclays Skyworks upgraded to Overweight from Equal Weight at Barclays 01/11/23 KeyBanc KeyBanc says iPhone survey shows supply partial recovery, some shortages remain 11/30/22 KGI Securities Skyworks upgraded to Outperform from Neutral at KGI Securities 11/15/22 Credit Suisse Skyworks assumed with an Outperform at Credit Suisse $469.21 / +10.065 (+2.19%)
02/06/23 Credit Suisse Lockheed Martin double upgraded to Outperform at Credit Suisse 02/06/23 Credit Suisse Lockheed Martin upgraded to Outperform from Underperform at Credit Suisse 01/30/23 DZ Bank Lockheed Martin upgraded to Buy from Hold at DZ Bank 01/25/23 Credit Suisse Lockheed Martin price target raised to $408 from $384 at Credit Suisse 01/23/23 Jefferies Fears around ChatGPT impact on Chegg 'more bark than bite,' says Jefferies 01/19/23 KeyBanc Chegg upgraded to Overweight on margin potential at KeyBanc 01/19/23 KeyBanc Chegg upgraded to Overweight from Sector Weight at KeyBanc 01/18/23 BMO Capital Chegg traffic declining as ChatGPT may pose subs headwinds, says BMO Capital 10/04/22 B. Riley Alpha & Omega price target lowered to $38 from $45 at B. Riley 08/11/22 B. Riley Alpha & Omega price target raised to $45 from $42 at B. Riley 08/11/22 Benchmark Alpha & Omega price target lowered to $60 from $70 at Benchmark 06/15/22 B. Riley B. Riley downgrades eight semi stocks on 'demand destruction risk' 02/01/23 Raymond James ZoomInfo price target lowered to $33 from $41 at Raymond James 01/20/23 UBS ZoomInfo price target lowered to $34 from $37 at UBS 01/10/23 Truist Truist cuts ZoomInfo to Hold, sees headwind from Q3 persisting 01/10/23 Barclays ZoomInfo price target lowered to $36 from $46 at Barclays 09/21/22 Jefferies PetMed Express transferred with a Hold at Jefferies 01/30/23 DA Davidson DA Davidson neutral on Pinterest ahead of earnings 01/20/23 MKM Partners MKM Partners cuts Pinterest to Neutral, sees balanced risk-reward 01/20/23 MKM Partners Pinterest downgraded to Neutral from Buy at MKM Partners 01/19/23 JPMorgan JPMorgan calls out Meta as top pick ahead of earnings from online ads group 12/12/22 Piper Sandler Leggett & Platt downgraded to Underweight from Neutral at Piper Sandler 10/11/22 Truist Leggett & Platt price target lowered to $35 from $41 at Truist 10/11/22 Piper Sandler Leggett & Platt price target lowered to $31 from $37 at Piper Sandler 06/14/22 Piper Sandler Leggett & Platt price target lowered to $36 from $40 at Piper Sandler 02/03/23 Susquehanna Rambus price target raised to $60 from $36 at Susquehanna 01/30/23 Deutsche Bank Rambus price target raised to $45 from $34 at Deutsche Bank 01/18/23 Wells Fargo Rambus price target raised to $50 from $42 at Wells Fargo 01/09/23 Wells Fargo Rambus price target raised to $42 from $35 at Wells Fargo 12/20/22 JPMorgan Fabrinet upgraded to Overweight from Neutral at JPMorgan 11/08/22 B. Riley Fabrinet price target raised to $110 from $102 at B. Riley 11/08/22 Needham Fabrinet price target raised to $140 from $135 at Needham 10/06/22 Northland Fabrinet price target raised to $132.50 from $125 at Northland 01/11/23 Wedbush Bed Bath & Beyond price target lowered to $1 from $5 at Wedbush 01/11/23 Baird Bed Bath & Beyond price target lowered to $1.00 from $2.00 at Baird 01/05/23 Wells Fargo Wells halves Bed Bath & Beyond target to $1, says bankruptcy may be 'imminent' 11/28/22 Wedbush Black Friday winners Include Best Buy, losers include Pets, says Wedbush 11/07/22 B. Riley Blink Charging price target lowered to $14 from $15 at B. Riley 08/16/22 Stifel Blink Charging price target raised to $23 from $19 at Stifel 06/22/22 Stifel Blink Charging price target lowered to $19 from $30 at Stifel 06/17/22 B. Riley B. Riley sees challenges for Blink Charging, starts with Neutral 02/06/23 ZoomInfo sees FY23 adjusted EPS $0.98-$1.00, consensus 95c 02/06/23 ZoomInfo sees Q1 adjusted EPS 21c-22c, consensus 22c 02/06/23 ZoomInfo reports Q4 adjusted EPS 26c, consensus 22c 02/06/23 Skyworks sees Q2 adjusted EPS $2.02, consensus $2.24 02/06/23 Skyworks reports Q1 adjusted EPS $2.59, consensus $2.61 11/03/22 Skyworks sees Q1 revenue $1.3B-$1.35B, consensus $1.5B 02/06/23 Skyline Champion reports Q3 EPS $1.44, consensus 92c 11/01/22 Skyline Champion reports Q2 EPS $2.51, consensus $1.82 02/06/23 Spirit Airlines reports Q4 adjusted EPS 12c, consensus 4c 02/06/23 Notable companies reporting after market close 10/26/22 Spirit Airlines reports Q3 adjusted EPS 3c, consensus (10c) 10/26/22 Notable companies reporting after market close 02/06/23 Rambus sees Q1 EPS 13c-20c, consensus 42c 02/06/23 Rambus reports Q4 EPS 14c vs. 5c last year 10/31/22 Rambus sees Q4 Licensing billings $59M-$65M 10/31/22 Rambus reports Q3 EPS 1c vs. 3c last year 02/06/23 Pinterest reports Q4 EPS 29c, consensus 27c 10/27/22 Pinterest sees Q4 revenue up mid single digits, consensus $884.57M 10/27/22 Pinterest reports Q3 adjusted EPS 11c, consensus 6c 02/06/23 PetMed Express reports Q3 EPS 21c, consensus 20c 02/06/23 NOV Inc. reports Q4 EPS 26c, consensus 24c 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c $469.21 / +10.065 (+2.19%)
01/24/23 Lockheed Martin reports Q4 adjusted EPS $7.79, consensus $7.39 01/24/23 Lockheed Martin sees FY23 EPS about $26.60-$26.90, consensus $26.93 01/24/23 Lockheed Martin reports Q4 EPS $7.40, consensus $7.39 01/23/23 Notable companies reporting before tomorrow's open 02/06/23 Leggett & Platt sees Q1 EPS 'down meaningfully' vs. 4Q22, consensus 49c 02/06/23 Leggett & Platt sees FY23 EPS $1.50-$1.90, consensus $2.06 02/06/23 Leggett & Platt reports Q4 EPS 39c, consensus 48c 10/31/22 Leggett & Platt sees Q4 EPS 42c-57c, consensus 52c 02/06/23 Kennametal reaffirms FY23 adjusted EPS view $1.30-$1.70, consensus $1.47 02/06/23 Kennametal sees Q3 revenue $520M-$540M, consensus $510.46M 02/06/23 Kennametal reports Q2 EPS 27c, consensus 22c 10/31/22 Kennametal sees FY23 adjusted EPS $1.30-$1.70, consensus $1.73 02/06/23 Intapp reports Q2 EPS 3c, consensus (3c) 09/07/22 Intapp reports Q4 EPS (4c), consensus (8c) 02/06/23 Genworth reports Q4 adjusted EPS 33c vs 32c last year 02/06/23 Fabrinet sees Q3 adjusted EPS $1.86-$1.93, consensus $1.84 02/06/23 Fabrinet reports Q2 adjusted EPS $1.90, consensus $1.87 11/07/22 Fabrinet sees Q2 adjusted EPS $1.86-$1.93, consensus $1.73 11/07/22 Fabrinet reports Q1 adjusted EPS $1.97, consensus $1.74 02/06/23 Chegg sees Q1 revenue $184M-$186M, consensus $199.85M 02/06/23 Chegg sees FY23 revenue $745M-$760M, consensus $817.49M 02/06/23 Chegg reports Q4 adjusted EPS 40c, consensus 38c 02/06/23 Blink Charging sees Q4 revenue $21M-$23M, consensus $18.7M 11/08/22 Blink Charging reports Q3 adjusted EPS (47c), consensus (51c) 11/08/22 Blink Charging reports Q3 EPS (51c), consensus (51c) 08/08/22 Blink Charging reports Q2 EPS (41c), consensus (37c) 01/10/23 Bed Bath & Beyond reports Q3 adjusted EPS ($3.65), consensus ($2.11) 01/05/23 Bed Bath & Beyond sees Q3 net sales of about $1.26B, consensus $1.4B 09/29/22 Bed Bath & Beyond reports Q2 adjusted EPS ($3.22), consensus ($1.85) 09/28/22 Notable companies reporting before tomorrow's open 02/06/23 Alpha & Omega sees Q3 revenue $125M-$135M , consensus $193.8M 02/06/23 Alpha & Omega reports Q2 EPS 67c, consensus 88c 11/03/22 Alpha & Omega reports Q3 EPS $1.20, consensus $1.20 08/10/22 Alpha & Omega sees Q1 revenue $210M +/- $3M, consensus $209.97M
Earnings
Reports Q4 revenue…
Reports Q4 revenue $2.07B, consensus $1.95B. "Our fourth quarter results reflect a strong finish to a year that saw rising demand for NOV's products and services, gradually normalizing global supply chains, and improving execution by our organization," stated Clay Williams, CEO. "For the past two years, our short-cycle businesses within North America have driven our post-pandemic recovery. As we completed 2022, we began to see international and offshore markets inflect and accelerate, a trend we expect to drive improving orders for our longer-cycle businesses over the next few years and beyond. While recent declines in North American natural gas prices and persistent global recession risks may pose near-term headwinds to oilfield activity, we believe that the world simply must rebuild and fortify its petroleum supply capability soon and a sustained oil and gas up-cycle is required to increase energy security across the globe. Years of chronic underinvestment and a pandemic lockdown that severely stunted capacity make this up-cycle all the more urgent and daunting. NOV is up to the challenge. We stand ready to equip the industry with the tools necessary to do the job efficiently, economically, safely, and with minimal environmental impact."
Show Hide Related Items >> <<
01/19/23 Benchmark NOV Inc. initiated with a Buy at Benchmark 01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 01/19/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 02/06/23 National Oilwell options imply 6.2% move in share price post-earnings
Options
Pre-earnings options…
Pre-earnings options volume in National Oilwell is 2.8x normal with calls leading puts 6:1. Implied volatility suggests the market is anticipating a move near 6.2%, or $1.44, after results are released. Median move over the past eight quarters is 3.8%.
Show Hide Related Items >> <<
01/19/23 Benchmark NOV Inc. initiated with a Buy at Benchmark 01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 01/19/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
On The Fly
Show Hide Related Items >> <<
01/10/23 Cactus falls 4% afterhours to $54.65 after offering $125M in common stock 01/03/23 Cactus to acquire FlexSteel for total upfront consideration of $621M 12/15/22 Valaris announces contract awards with backlog of roughly $275M 11/21/22 Valaris announces contract award for drillship VALARIS DS-12 11/14/22 Elliott made Triple Flag Precious Metals top holding during Q3 10/03/22 Valaris announces contract backlog of $95M 01/19/23 Teva announces targets to reduce GHG emissions approved by SBTi 01/09/23 Teva announces nationwide opioids settlement after receiving state support 01/06/23 Alvotech, Teva announce FDA acceptance of AVT04 BLA for review 12/22/22 Alvotech announces FDA grants BsUFA goal date for AVT02 BLA 12/09/22 TE Connectivity increases quarterly dividend to 59c per share 10/20/22 OrthoPediatrics announces appointment of McDonald to board of directors 11/22/22 SLB announces award to its OneSubsea business 11/16/22 SLB teams with Oman to build national strategy to develop geothermal resources 11/15/22 SLB exec Mogharbel Khaled Al sells 57,467 common shares 11/08/22 SLB CAO Guild sells 20,053 common shares 01/18/23 Red Diamond Aftermarket Solutions to exhibit at Florida RV SuperShow 01/04/23 Shyft Group completes acquisition of XL Fleet 12/14/22 Shyft Group appoints Dunn as President, Fleet Vehicles, Services 10/04/22 Shyft Group announces Blue Arc ride and drive event 01/19/23 Toronto-Dominion comments on expected impact of Charles Schwab's Q4 earnings 12/13/22 E*TRADE from Morgan Stanley eliminates commissions for all online mutual funds 01/17/23 Transocean announces proposed private offering of $1.175B 01/09/23 Transocean announces proposed private offering of $500M 01/04/23 Transocean announces contract awards and extensions totaling $488M 12/07/22 Transocean announces $1.04B contract award for ultra-deepwater drillships 01/19/23 Roblox falls 7% to $33.33 in pre-market after Morgan Stanley downgrade 01/18/23 Roblox CEO says community grew 23% in 2022 to over 56M daily users 01/17/23 Roblox rises 12.6% 01/17/23 Roblox rises 11.2% 12/19/22 ProPetro Holding appoints John Mitchell as General Counsel 12/06/22 ProPetro Holding executes contract with independent Permian operator 11/01/22 ProPetro acquires Silvertip in cash and stock deal 11/01/22 ProPetro sees FY22 cash CapEx roughly $325M 01/04/23 Patterson-UTI sees Q4 net income exceeding $100M, adjusted EBITDA over $230M 12/05/22 Patterson-UTI reports an average of 131 drilling rigs operating in November 11/03/22 Patterson-UTI reports an average of 131 drilling rigs operating in October 10/05/22 Patterson-UTI reports an average of 130 drilling rigs operating in September 01/08/23 Fly Intel: Top five weekend stock stories 12/11/22 Fly Intel: Top five weekend stock stories 11/28/22 Philip Morris Holland Holdings becomes owner of 93.11% of Swedish Match shares 11/25/22 Philip Morris announces new regional structure, management changes 01/17/23 Universal Display, Seiko Epson announce OLED evaluation agreement 12/05/22 Universal Display signs OLED supply, license agreements with Samsung Display 10/26/22 OTI Lumionics raises $55M in Series B funding 08/04/22 Universal Display CFO Rosenblatt to retire 10/27/22 Oceaneering rises 19.0% 10/26/22 Oceaneering sees FY23 consolidated EBITDA $260M-$310M 10/13/22 Oceaneering wins $300M of subsea robotics contracts 08/24/22 Oceaneering names Benjamin Laura CIO 11/03/22 Noble Corp. sees Q4 adjusted EBITDA $155M-$175M 10/05/22 Noble Corp. completes divestment of five jackups 08/15/22 Elliott buys Pinterest, exits Twitter in Q2 12/12/22 Karyopharm announces updated results from Phase 1 selinexor data 11/03/22 Karyopharm to present new selinexor data in myelofibrosis and myeloma 11/01/22 Karyopharm, Menarini Group: EC grants orphan designation for selinexor 10/31/22 Karyopharm and Menarini announce EC granted orphan designation for selinexor 01/10/23 Intel unveils 4th Gen Xeon Scalable processors, Xeon CPU Max Series 01/04/23 IBM announces IBM Partner Plus program 12/13/22 IBM, Rapidus announce joint development pact ro advance logic scaling in Japan 12/09/22 IBM Canada to open Client Innovation Centre in Fredericton 11/07/22 Trimble, HP to collaborate on robotic technology for autonomous construction 10/31/22 Tenable announces Michelle VonderHaar as chief legal officer, general counsel 10/18/22 Helmerich & Payne announces FY23 capex budget of $425M-$475M 10/18/22 Helmerich & Payne announces $100M supplemental shareholder return plan 10/25/22 Halliburton CEO says 'strong margin performance in both divisions' in Q3 09/19/22 Halliburton signs MoU with SDAIA for AI predictions 09/08/22 Halliburton completes sale of Russian operations 07/19/22 Halliburton CEO: Automation is changing the drilling landscape 01/09/23 GE HealthCare announces acquisition of CT firm Imactis, terms undisclosed 01/09/23 GE HealthCare to acquire IMACTIS, terms not disclosed 01/05/23 GE HealthCare names Taha Kass-Hout CTO 01/04/23 GE HealthCare completes spin-off from GE, starts trading on Nasdaq 01/10/23 TechnipFMC awarded 'significant' contract by Wintershall Dea 09/22/22 TechnipFMC awarded 'significant' subsea contract for Shell development 09/14/22 TechnipFMC awarded subsea contract by TotalEnergies 08/01/22 TechnipFMC awarded contract for energy project in Guyana 10/27/22 DXC Technology announces expanded partnership with Dynatrace 10/04/22 DXC Technology up 6%, trims gain after saying no formal offer made by suitor 10/04/22 DXC Technology Co trading resumes 10/04/22 DXC Technology confirms acquisition approach, says engaged in talks 01/09/23 CureVac appoints Alexander Zehnder as CEO 01/06/23 CureVac announces data on joint COVID-19, Flu mRNA vaccine programs 11/16/22 CureVac, GSK teamed on 4 Phase 1 studies in COVID-19 and flu vaccines 11/16/22 CureVac reports cash equivalents position of EUR 540.9M at September-end 01/12/23 Cognizant appoints Ravi Kumar S as CEO 01/12/23 Cognizant appoints Ravi Kumar S as CEO 12/15/22 Cognizant, Syniti announce strategic alliance agreement 12/07/22 Cognizant to acquire Utegration, terms not disclosed 01/19/23 Chegg rises 4.4% 01/18/23 Chegg falls -14.9% 01/18/23 Chegg falls -10.5% 01/18/23 Chegg falls -6.4% 01/17/23 Archer announces term sheet to potentially acquire Baker Hughes unit in U.K. 01/13/23 Baker Hughes reports U.S. rig count up 3 to 775 rigs 01/09/23 Baker Hughes appoints Ganesh Ramaswamy as EVP, IET business 01/06/23 Baker Hughes reports U.S. rig count down 7 to 772 rigs ALPN Alpine Immune Sciences 10/24/22 Alpine Immune Sciences terminates enrollment of davoceticept clinical studies 01/19/23 Benchmark Patterson-UTI initiated with a Hold at Benchmark 01/17/23 Citi Patterson-UTI downgraded to Neutral from Buy at Citi 12/09/22 Raymond James Patterson-UTI initiated with a Strong Buy at Raymond James 10/07/22 Piper Sandler Patterson-UTI assumed with an Overweight at Piper Sandler 01/19/23 MoffettNathanson IBM upgraded to Market Perform from Underperform at MoffettNathanson 01/18/23 Morgan Stanley IBM downgraded to Equal Weight at Morgan Stanley amid shift away from defense 01/18/23 Morgan Stanley IBM downgraded to Equal Weight from Overweight at Morgan Stanley 01/17/23 Evercore ISI IBM price target raised to $150 from $135 at Evercore ISI 01/19/23 Susquehanna Universal Display upgraded to Neutral from Negative at Susquehanna 11/21/22 Citi Universal Display price target lowered to $135 from $150 at Citi 11/04/22 Oppenheimer Universal Display price target lowered to $135 from $150 at Oppenheimer 11/04/22 TD Cowen Universal Display price target lowered to $130 from $145 at Cowen 01/19/23 Jefferies Philip Morris upgraded at Jefferies as tobacco sentiment may 'finally' improve 01/19/23 Jefferies Philip Morris upgraded to Buy from Hold at Jefferies 12/13/22 Citi Philip Morris resumed with a Neutral at Citi 11/15/22 Argus Philip Morris upgraded to Buy from Hold at Argus 01/19/23 KeyBanc Chegg upgraded to Overweight on margin potential at KeyBanc 01/19/23 KeyBanc Chegg upgraded to Overweight from Sector Weight at KeyBanc 01/18/23 BMO Capital Chegg traffic declining as ChatGPT may pose subs headwinds, says BMO Capital 01/18/23 Needham Needham downgrades Chegg to Hold as long-term initiatives limit growth upside 01/19/23 UBS UBS upgrades CureVac after 'major milestone and clearing event' 01/19/23 UBS CureVac upgraded to Buy from Neutral at UBS 01/09/23 Jefferies CureVac upgraded to Buy at Jefferies after mRNA platform validation 01/09/23 Jefferies CureVac upgraded to Buy from Hold at Jefferies 01/19/23 Morgan Stanley Roblox downgraded to Underweight from Equal Weight at Morgan Stanley 01/19/23 Morgan Stanley Roblox downgraded to Underweight from Equal Weight at Morgan Stanley 01/18/23 Needham Roblox price target raised to $42 from $39 at Needham 01/18/23 BTIG Roblox December outperformance due to core monetization, gift cards, says BTIG 01/19/23 BofA Charles Schwab double downgraded to Underperform at BofA 01/19/23 BofA Charles Schwab downgraded to Underperform from Buy at BofA 01/17/23 William Blair Charles Schwab initiated with an Outperform at William Blair 01/04/23 Goldman Sachs Charles Schwab upgraded to Buy from Neutral at Goldman Sachs 01/19/23 MoffettNathanson Cognizant downgraded to Underperform from Market Perform at MoffettNathanson 01/15/23 UBS Cognizant price target raised to $68 from $62 at UBS 01/13/23 BMO Capital Cognizant price target raised to $71 from $65 at BMO Capital 01/09/23 BofA Cognizant downgraded to Underperform from Neutral at BofA 01/19/23 MoffettNathanson DXC Technology downgraded to Underperform at MoffettNathanson 12/15/22 JPMorgan DXC Technology upgraded to Neutral from Underweight at JPMorgan 10/14/22 JPMorgan DXC Technology price target lowered to $31 from $33 at JPMorgan 10/05/22 Citi Citi says $38 target on DXC does not include buyout premium 01/19/23 Jefferies Teva downgraded to Hold from Buy at Jefferies 01/06/23 Northland Alvotech named a top pick for 2023 at Northland 11/23/22 Piper Sandler Teva price target lowered to $7 from $8 at Piper Sandler 11/14/22 JPMorgan Teva downgraded to Underweight from Neutral at JPMorgan 01/19/23 Evercore ISI TE Connectivity downgraded to In Line at Evercore ISI on auto market headwinds 01/19/23 Evercore ISI TE Connectivity downgraded to In Line from Outperform at Evercore ISI 12/20/22 JPMorgan TE Connectivity price target lowered to $130 from $135 at JPMorgan 12/12/22 Credit Suisse TE Connectivity initiated with a Neutral at Credit Suisse 01/19/23 BTIG Shyft Group initiated with a Buy at BTIG 07/13/22 DA Davidson Shyft Group upgraded to Buy at DA Davidson on improving commercial van sales 07/13/22 DA Davidson Shyft Group upgraded to Buy from Neutral at DA Davidson 04/06/22 DA Davidson DA Davidson cuts Shyft Group to Neutral, citing caution on near-term earnings 01/19/23 Redburn GE HealthCare initiated with a Buy at Redburn 01/09/23 BofA General Electric price target lowered to $85 from $105 at BofA 01/04/23 Edward Jones GE HealthCare initiated with a Hold at Edward Jones 12/06/22 Oppenheimer General Electric upgraded to Outperform from Perform at Oppenheimer 01/19/23 Benchmark Halliburton initiated with a Buy at Benchmark 01/12/23 Wolfe Research Halliburton upgraded to Outperform from Underperform at Wolfe Research 12/09/22 Raymond James Halliburton initiated with a Strong Buy at Raymond James 11/29/22 Citi Halliburton should take equity stake in Chart Industries, says Citi 01/19/23 Benchmark Cactus initiated with a Buy at Benchmark 11/13/22 Citi Cactus price target raised to $58 from $47 at Citi 11/08/22 BofA Cactus price target raised to $59 from $45 at BofA 10/07/22 Piper Sandler Cactus assumed with a Neutral at Piper Sandler 01/19/23 Benchmark Noble Corp. initiated with a Buy at Benchmark 07/06/22 DNB Markets Noble Corp. price target raised to $49 from $43 at DNB Markets 06/01/22 BTIG Noble Corp. upgraded to Buy from Neutral at BTIG 02/08/22 Evercore ISI Noble Corp. resumed with an Outperform at Evercore ISI 01/19/23 Benchmark Valaris initiated with a Buy at Benchmark 01/03/23 BTIG Helix Energy named Top Pick for first half of 2023 at BTIG 06/01/22 BTIG Valaris price target raised to $80 from $60 at BTIG 01/19/23 Benchmark TechnipFMC initiated with a Buy at Benchmark 01/03/23 BTIG TechnipFMC named Top Pick for first half of 2023 at BTIG 11/18/22 Piper Sandler TechnipFMC price target raised to $17 from $13 at Piper Sandler 10/25/22 HSBC TechnipFMC upgraded to Buy from Hold at HSBC 01/19/23 Benchmark Transocean initiated with a Buy at Benchmark 11/18/22 Piper Sandler Transocean price target raised to $5 from $4 at Piper Sandler 10/17/22 Susquehanna Transocean price target lowered to $3.30 from $4.20 at Susquehanna 10/07/22 Piper Sandler Transocean assumed with a Neutral at Piper Sandler 01/19/23 Benchmark Oceaneering initiated with a Buy at Benchmark 10/19/22 Citi Oceaneering price target lowered to $16 from $20 at Citi 10/07/22 Piper Sandler Oceaneering assumed with a Neutral at Piper Sandler 10/06/22 Barclays Barclays downgrades Oceaneering on lack of 'earnings torque' 01/19/23 Benchmark NOV Inc. initiated with a Buy at Benchmark 01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 01/19/23 Benchmark Baker Hughes initiated with a Buy at Benchmark 10/26/22 Wells Fargo Wells Fargo downgrades 'show me' stock Baker Hughes to neutral 10/26/22 Wells Fargo Baker Hughes downgraded to Equal Weight from Overweight at Wells Fargo 01/19/23 Benchmark SLB initiated with a Buy at Benchmark 01/12/23 Wolfe Research SLB downgraded to Peer Perform from Outperform at Wolfe Research 12/09/22 Raymond James SLB initiated with an Outperform at Raymond James 11/18/22 Piper Sandler SLB price target raised to $64 from $60 at Piper Sandler 01/19/23 Benchmark Helmerich & Payne initiated with a Hold at Benchmark 01/09/23 BofA Helmerich & Payne upgraded to Buy from Neutral at BofA 11/18/22 RBC Capital Helmerich & Payne price target raised to $68 from $63 at RBC Capital 11/18/22 Susquehanna Helmerich & Payne price target raised to $65 from $62 at Susquehanna 01/19/23 Benchmark ProPetro Holding initiated with a Hold at Benchmark 01/17/23 Citi ProPetro Holding downgraded to Neutral from Buy at Citi 01/10/23 Barclays ProPetro Holding upgraded to Overweight from Equal Weight at Barclays 10/07/22 Piper Sandler ProPetro Holding assumed with an Overweight at Piper Sandler ALPN Alpine Immune Sciences 01/19/23 Morgan Stanley Alpine Immune Sciences initiated with an Overweight at Morgan Stanley 11/21/22 SVB Securities Alpine Immune Sciences initiated with an Outperform at SVB Securities 10/24/22 Oppenheimer Alpine Immune price target lowered to $14 from $17 at Oppenheimer 10/24/22 H.C. Wainwright Alpine Immune Sciences price target lowered to $8 from $21 at H.C. Wainwright 01/19/23 Piper Sandler Karyopharm initiated with an Overweight at Piper Sandler 01/10/23 H.C. Wainwright Karyopharm price target lowered to $16 from $18 at H.C. Wainwright 01/02/23 Barclays Barclays views GSK acquisition interest as positive for oncology stocks 11/04/22 RBC Capital Karyopharm upgraded to Outperform from Sector Perform at RBC Capital 11/07/22 Cactus reports Q3 adjusted EPS 52c, consensus 48c 08/04/22 Cactus reports Q2 adjusted EPS 44c, consensus 35c 11/01/22 Valaris reports Q3 EPS 98c, consensus 36c 08/02/22 Valaris reports Q2 EPS $1.48, consensus (9c) 11/03/22 Teva backs FY22 EPS view $2.40-$2.60, consensus $2.50 11/03/22 Teva reports Q3 EPS 59c, consensus 62c 07/26/22 Teva backs FY22 EPS view of $2.40-$2.60, consensus $2.46 07/26/22 Teva reports Q2 EPS 68c, consensus 57c 11/02/22 TE Connectivity sees Q1 adjusted EPS $1.50, consensus $1.73 11/02/22 TE Connectivity reports Q4 adjusted EPS $1.88, consensus $1.88 07/27/22 TE Connectivity sees Q4 EPS $1.85, consensus $1.81 07/27/22 TE Connectivity reports Q3 adjusted EPS $1.86, consensus $1.75 10/21/22 Schlumberger reports Q3 adjusted EPS 63c, consensus 56c 07/22/22 Schlumberger raises FY22 revenue view to 'at least' $27B, consensus $25.71B 07/22/22 Schlumberger reports Q2 adjusted EPS 50c, consensus 39c 10/27/22 Shyft Group narrows FY22 adjusted EPS view $1.02-$1.24 from 85c-$1.41 10/27/22 Shyft Group reports Q3 adjusted EPS 53c, consensus 44c 07/28/22 Shyft Group raises FY22 adjusted EPS 85c-$1.41 from 75c-$1.41, consensus $1.10 07/28/22 Shyft Group reports Q2 adjusted EPS 21c, consensus 18c 01/18/23 Charles Schwab reports Q4 adjusted EPS $1.07, consensus $1.09 01/17/23 Notable companies reporting before tomorrow's open 10/27/22 Charles Schwab backs 11%-13% year-over-year revenue growth outlook 11/03/22 Transocean sees 2023 adjusted contract drilling revenue of $2.9B-$3B 11/03/22 Transocean sees Q4 adjusted contract drilling revenue of about $600M 11/02/22 Transocean reports Q3 EPS (4c), consensus (18c) 08/01/22 Transocean reports Q2 EPS (10c) vs. (17c) last year 11/09/22 Roblox reports Q3 EPS (50c), consensus (33c) 11/08/22 Notable companies reporting before tomorrow's open 08/09/22 Roblox reports Q2 EPS (30c), consensus (23c) 11/01/22 ProPetro Holding reports Q3 EPS 10c, consensus 31c 08/02/22 ProPetro Holding sees FY22 adjusted EBITDA at or above $300M 08/02/22 ProPetro Holding reports Q2 EPS (32c) with items, consensus 25c 10/26/22 Patterson-UTI reports Q3 EPS 28c, consensus 18c 07/27/22 Patterson-UTI reports Q2 EPS 10c, consensus (4c) 01/12/23 Philip Morris expects 2022 results to be broadly in line with prior guidance 10/20/22 Philip Morris affirms FY22 view for pro forma adjusted EPS ex-FX $6.09-$6.20 10/20/22 Philip Morris reports Q3 EPS $1.53, consensus $1.36 10/19/22 Notable companies reporting before tomorrow's open 11/03/22 Universal Display reports Q3 EPS $1.12, consensus 98c 08/04/22 Universal Display cuts FY22 revenue view to $600M, plus or minus $10M 08/04/22 Universal Display reports Q2 EPS 87c vs 85c last year 10/26/22 Oceaneering reports Q3 adjusted EPS 23c, consensus 11c 07/27/22 Oceaneering sees FY22 EBITDA margin averaging in high 20% range 07/27/22 Oceaneering reports Q2 adjusted EPS 7c, consensus 12c 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 07/27/22 NOV Inc. reports Q2 EPS 18c, consensus 4c 11/03/22 Noble Corp. reports Q3 adjusted EPS 50c, consensus 39c 08/08/22 Noble Corp. reports Q2 adjusted EPS 40c, consensus 46c 01/09/23 Karyopharm sees FY22 revenue $157.7M, consensus $161.68M 01/09/23 Karyopharm sees Q4 revenue $34.2M, consensus $38.13M 11/03/22 Karyopharm sees FY22 revenue $155M-$165M, consensus $157.23M 11/03/22 Karyopharm reports Q3 EPS (45) with items, consensus (57c) 10/19/22 IBM reports Q3 Software revenue $5.8B, up 14.2% in constant currency 10/19/22 IBM sees FY22 constant currency revenue growth above mid-single digit model 10/19/22 IBM reports Q3 adjusted EPS $1.81, consensus $1.77 10/19/22 Notable companies reporting after market close 11/16/22 Helmerich & Payne reports Q4 adjusted EPS 45c, consensus 45c 07/27/22 Helmerich & Payne reports Q3 adjusted EPS 5c, consensus 5c 10/25/22 Halliburton reports Q3 EPS 60c, consensus 56c 01/10/23 GE HealthCare sees FY23 organic revenue growth 5%-7% 01/10/23 GE HealthCare sees FY22 revenue about $18.3B 01/10/23 GE HealthCare sees Q4 revenue about $4.9B 10/26/22 TechnipFMC reports Q3 adjusted EPS 3c vs (6c) last year 07/27/22 TechnipFMC reports Q2 adjusted EPS 2c vs. (6c) last year 11/03/22 DXC Technology backs FY23 adjusted EPS view $3.45-$3.75, consensus $3.52 11/03/22 DXC Technology sees Q3 adjusted EPS 80c-85c, consensus 97c 11/03/22 DXC Technology reports Q2 adjusted EPS 75c, consensus 73c 11/03/22 Notable companies reporting after market close 08/18/22 CureVac reports Q2 revenue EUR 20.1M vs. EUR 22.4M last year 01/12/23 Cognizant now sees Q4 revenue $4.8B vs. prior $4.72B-$4.77B view 01/12/23 Cognizant now sees FY22 revenue $19.4B vs. prior view of $19.3B 01/12/23 Cognizant cuts FY22 adjusted EPS view to $4.38-$4.40 from $4.43-$4.46 11/02/22 Cognizant cuts FY22 adjusted EPS view to $4.43-$4.46 from $4.51-$4.57 11/01/22 Chegg sees FY22 revenue $762M-$765M, consensus $760.7M 11/01/22 Chegg sees Q4 revenue $200M-$203M, consensus $204.8M 11/01/22 Chegg reports Q3 EPS $1.23, consensus 14c 08/04/22 Chegg sees FY22 revenue $745M-$770M, consensus $761.9M 10/19/22 Baker Hughes reports Q3 adjusted EPS 26c, consensus 24c 08/15/22 Team to sell Quest Integrity business to Baker Hughes for $280M 07/20/22 Baker Hughes reports Q2 EPS 11c, consensus 22c ALPN Alpine Immune Sciences 11/14/22 Alpine Immune Sciences reports Q3 EPS (42c), consensus (10c) 08/11/22 Alpine Immune Sciences reports Q2 EPS (60c), consensus (39c)
Initiation
Benchmark analyst Kurt…
Benchmark analyst Kurt Hallead initiated coverage of NOV Inc. with a Buy rating and $28 price target. NOV is in a strong position to benefit from the need for energy sector to upgrade, enhance and rebuild existing equipment as well as re-stock depleted inventories to meet future demand for oil, gas and renewables, Hallead tells investors in a research note. Everything NOV manufactures is essential to securing current and future energy supplies, the analyst contends.
Show Hide Related Items >> <<
01/04/23 Morgan Stanley NOV Inc. upgraded to Overweight from Equal Weight at Morgan Stanley 12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 11/07/22 Wells Fargo NOV Inc. upgraded to Equal Weight from Underweight at Wells Fargo 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 07/27/22 NOV Inc. reports Q2 EPS 18c, consensus 4c
Upgrade
Morgan Stanley analyst…
Morgan Stanley analyst Connor Lynagh upgraded NOV Inc. to Overweight from Equal Weight with a price target of $24, up from $21. NOV is the largest global supplier of oilfield services equipment, and its exposure is "thematically aligned with where we see meaningful growth," Lynagh tells investors in a research note. NOV is a critical equipment supplier to offshore drilling markets, which are reaching a "meaningful inflection after years in the doldrums," says the analyst. Lynagh sees meaningful free cash flow revisions upside for the next year.
Show Hide Related Items >> <<
12/09/22 Raymond James NOV Inc. initiated with an Outperform at Raymond James 11/07/22 Wells Fargo Wells Fargo upgrades NOV Inc. to Equal Weight, raises price target to $25 11/07/22 Wells Fargo NOV Inc. upgraded to Equal Weight from Underweight at Wells Fargo 11/01/22 Barclays NOV Inc. price target raised to $25 from $22 at Barclays 10/27/22 NOV Inc. reports Q3 EPS 8c, consensus 15c 07/27/22 NOV Inc. reports Q2 EPS 18c, consensus 4c
