Breaking News

Over a week ago Show Full Stories X To view all stories in expanded form, please subscribe. Get Free Trial Send Info
NFLX Netflix $330.50 5.73 (1.76%) , LM Legg Mason $26.21 -0.63 (-2.35%) … 10:03 01/11/19 01/11 10:03 01/11/19 10:03 Upgrade	Fly Intel: Top five analyst upgrades » Catch up on today's… Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Netflix (NFLX) upgraded to Buy from Neutral at UBS, with analyst Eric Sheridan saying that after six months of stock underperformance as key debates emerged about competition, margins and free cash flow, the debates are better understood by investors and reflected in the current stock price. The analyst sees share upside over the near-to-medium term to subscriber growth. Current subscriber metrics such as growth, churn, spend and consumption are tracking inline to better than management's Q4 guidance and commentary. Shares were also upgraded to Strong Buy from Outperform at Raymond James. 2. Legg Mason (LM) upgraded to Neutral from Underperform at BofA/Merrill, with analyst Michael Carrier saying flows are holding up better than peers, management is de-leveraging the balance sheet, and expects potential efficiency measures and product approvals to be announced. 3. Viacom (VIAB) upgraded to Outperform from In-Line at Imperial Capital by analyst David Miller, who said now is the time to get constructive given the stock's 13.5% correction over the past 12 weeks. The analyst added that while Viacom's fiscal 2019 film slate does not impress him, its slate for fiscal 2020 looks more promising, highlighted by Gemini Man, G.I. Joe, another Spongebob film, Top Gun, with Tom Cruise reprising his role from the 1986 classic. 4. Colgate-Palmolive (CL) upgraded to Buy from Neutral at Goldman Sachs, with analyst Jason English saying he expects a combination of accelerating organic sales and easing input cost pressures to drive higher profitability. Colgate-Palmolive's valuation will return to the historical premium "that it has enjoyed relative to the HPC sector once its organic sales re-accelerate," he said. 5. Tapestry (TPR) upgraded to Overweight from Equal Weight and Ralph Lauren (RL) upgraded to Equal Weight from Underweight at Barclays by analyst Chethan Mallela. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. NFLX Netflix $330.50 5.73 (1.76%) LM Legg Mason $26.21 -0.63 (-2.35%) VIA Viacom $32.16 (0.00%) VIAB Viacom $29.16 -0.17 (-0.58%) CL Colgate-Palmolive $61.89 0.07 (0.11%) TPR Tapestry $36.35 0.25 (0.69%) RL Ralph Lauren $106.70 -0.2 (-0.19%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	25 Jan 05 Feb 05 Feb 11 Feb 18 Feb 03 Mar 28 May
RL Ralph Lauren $106.90 -2.53 (-2.31%) 05:55 01/11/19 01/11 05:55 01/11/19 05:55 Upgrade	Ralph Lauren rating change at Barclays » Ralph Lauren upgraded to… Ralph Lauren upgraded to Equal Weight from Underweight at Barclays. Barclays analyst Chethan Mallela upgraded Ralph Lauren to Equal Weight while lowering his price target for the shares to $121 from $124. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
RL Ralph Lauren $109.43 1.14 (1.05%) 07:56 01/10/19 01/10 07:56 01/10/19 07:56 Upgrade	Ralph Lauren rating change » Ralph Lauren upgraded to… Ralph Lauren upgraded to Buy at Needham on accelerated sales growth. As previously reported, Needham analyst Rick Patel upgraded Ralph Lauren to Buy from Hold with a price target of $122. The analyst expects the company's "annualized sales growth to accelerate" and margins to continue expanding given its turnaround initiatives. Patel also believes that the worries around Ralph Lauren China growth are "overblown" given that the company's presence in that market remains small. The analyst expects 2019 to be a year of "decelerating growth for many retailers and global brands", but he expects Ralph Lauren to "buck that trend". 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
RL Ralph Lauren $109.43 1.14 (1.05%) 06:08 01/10/19 01/10 06:08 01/10/19 06:08 Upgrade	Ralph Lauren rating change at Needham » Ralph Lauren upgraded to… Ralph Lauren upgraded to Buy from Hold at Needham 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
LULU Lululemon $135.85 1.73 (1.29%) , RL Ralph Lauren $108.29 1.6 (1.50%) 09:23 01/09/19 01/09 09:23 01/09/19 09:23 Upgrade	Lululemon, Ralph Lauren rating change at Buckingham » Lululemon upgraded to Buy… Lululemon upgraded to Buy from Neutral at Buckingham. As previously reported, Buckingham analyst Eric Tracy upgraded Lululemon (LULU) to Buy from Neutral and raised his price target to $157 from $151. In a research note to investors, Tracy says that while trade and tariff legislation and central bank uncertainty remain, a recent sharp share retrenchment across the Global Branded Apparel, Footwear and Retail Coverage largely bakes in these risks and broadly improves the sector's risk/rewards, creating an opportunity to get more constructive on select growth stories like Lululemon. Tracy says he believes the "superior" fundamental algorithm supports premium valuation, though he recognizes that potentially "stiffening" compares and multiple compression risk remains. The analyst also upgraded Ralph Lauren (RL) to Buy from Neutral this morning. LULU Lululemon $135.85 1.73 (1.29%) RL Ralph Lauren $108.29 1.6 (1.50%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	14 Jan 14 Jan 14 Jan 15 Jan 03 Mar

RL Ralph Lauren $108.29 1.6 (1.50%) 09:22 01/09/19 01/09 09:22 01/09/19 09:22 Upgrade	Ralph Lauren rating change » Buckingham upgrades Ralph… Buckingham upgrades Ralph Lauren to Buy on turnaround, pullback. As previously reported, Buckingham analyst Eric Tracy upgraded Ralph Lauren (RL) to Buy from Neutral and increased his price target on the shares to $122 from $120, stating that his recent checks suggest green shoots of success and a potentially inflecting top-line. He also sees the company having a "well executed profit improvement plan" and thinks the recent share pullback creates a better entry point into the stock, Tracy tells investors. Tracy also upgraded Lululemon (LULU) to Buy from Neutral this morning. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
RL Ralph Lauren $108.29 1.6 (1.50%) 07:18 01/09/19 01/09 07:18 01/09/19 07:18 Upgrade	Ralph Lauren rating change at Buckingham » Ralph Lauren upgraded to… Ralph Lauren upgraded to Buy from Neutral at Buckingham 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
RL Ralph Lauren $104.76 4.23 (4.21%) 07:25 01/07/19 01/07 07:25 01/07/19 07:25 Upgrade	Ralph Lauren rating change at UBS » Ralph Lauren upgraded to… Ralph Lauren upgraded to Neutral from Sell at UBS. UBS analyst Jay Sole upgraded Ralph Lauren to Neutral from Sell as he believes the company's U.S. sales will be better than previously thought. His sell thesis was predicated on the company having difficulty driving U.S. sales growth and too high Street EBIT margin expectations, both of which he believes have changed. Sole maintained his $112 price target on Ralph Lauren shares. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
RL Ralph Lauren $103.03 1.2 (1.18%) 08:25 01/02/19 01/02 08:25 01/02/19 08:25 Recommendations	Ralph Lauren analyst commentary at Wells Fargo » Ralph Lauren price target… Ralph Lauren price target lowered to $125 from $130 at Wells Fargo. Wells Fargo analyst Ike Boruchow lowered his price target for Ralph Lauren to $125 from $130, while reiterating a Market Perform rating on the shares. In a research note titled "2019 Retail Outlook report," the analyst says he believes Holiday reads likely slowed post Black Friday, Multinational brands struggled relative to retailers the past several months as concerns around Europe weakness, China uncertainty, a slowdown in tourism and FX pressures are growing, e-commerce meaningfully underperformed Brick and Mortar retail in 2018 as inflated multiples have been hit hard in the face of a painful tech ''unwind'' and choppier fundamentals, 2019 is likely to be worse than 2018 for the space, and Leases are coming onto retailers' balance sheets in 2019, making for worse capital structure optics. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
RL Ralph Lauren $102.00 (0.00%) 09:43 12/28/18 12/28 09:43 12/28/18 09:43 Periodicals	Breaking Periodicals news story on Ralph Lauren » Ralph Lauren short… Ralph Lauren short recommendation closed at Off Wall Street 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial

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.

14 Day Free Trial