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Initiation
Suzano initiated with a Sell at Goldman Sachs » 04:45
09/15/21
09/15
04:45
09/15/21
04:45
SUZ

Suzano

$11.45 /

+0.005 (+0.04%)

Goldman Sachs analyst…

Goldman Sachs analyst Marcio Farid initiated coverage of Suzano with a Sell rating and R$56 price target. The analyst expects the stock to "trade sideways to down" as global pulp oversupply weighs on earnings momentum and profitability. Farid initiated coverage of the Latin American pulp, paper and forest companies with a "relatively cautious stance on commodities prices."

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SUZ Suzano
$11.45 /

+0.005 (+0.04%)

08/24/21
Fly Intel: Top five analyst upgrades
08/24/21 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
03/22/21 Morgan Stanley
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley
03/22/21 Morgan Stanley
Suzano downgraded to Equal Weight from Overweight at Morgan Stanley
  • 02
    Oct
Over a week ago
Upgrade
Fly Intel: Top five analyst upgrades » 09:54
08/24/21
08/24
09:54
08/24/21
09:54
RSG

Republic Services

$122.10 /

+0.51 (+0.42%)

, AGCO

Agco

$136.00 /

+4.18 (+3.17%)

, SUZ

Suzano

$11.00 /

+0.305 (+2.85%)

, PDS

Precision Drilling

$31.47 /

+1.03 (+3.38%)

, SHO

Sunstone Hotel

$11.12 /

+0.17 (+1.55%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Republic Services (RSG) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Jerry Revich seeing "significant scope" for accelerating unit profitability and expects "high returns green capex "to drive positive earnings revisions and multiple expansion for the stock. 2. Agco (AGCO) upgraded to Buy from Neutral at Goldman Sachs with analyst Jerry Revich saying he is positive on a "multi-year recovery" in long-cycle ag equipment demand and Agco's margin expansion opportunity in a recovery. 3. Suzano (SUZ) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Carlos De Alba seeing an attractive risk-reward profile, and thinking that despite increasing CapEx due to the Cerrado pulp mill, Suzano will post solid free cash flow in the coming years. 4. Precision Drilling (PDS) upgraded to Buy from Hold at Canaccord with analyst John Bereznicki believing the recent share price pullback provides an attractive entry point. 5. Sunstone Hotel (SHO) upgraded to Equal Weight from Underweight at Wells Fargo with analyst Dori Kesten saying should gains in business transient and group demand prove to be disappointing in early Fall, a stock with lower leverage, such as Sunstone Hotel would be more protected to the downside versus one with higher leverage. 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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SHO Sunstone Hotel
$11.12 /

+0.17 (+1.55%)

RSG Republic Services
$122.10 /

+0.51 (+0.42%)

PDS Precision Drilling
$31.47 /

+1.03 (+3.38%)

AGCO Agco
$136.00 /

+4.18 (+3.17%)

RSG Republic Services
$122.10 /

+0.51 (+0.42%)

08/24/21 Goldman Sachs
Oshkosh downgraded to Buy from Conviction Buy at Goldman Sachs
08/24/21 Goldman Sachs
Republic Services upgraded to Conviction Buy from Buy at Goldman Sachs
08/02/21 BMO Capital
Republic Services price target raised to $136 from $125 at BMO Capital
07/30/21 RBC Capital
Republic Services price target raised to $118 from $111 at RBC Capital
AGCO Agco
$136.00 /

+4.18 (+3.17%)

08/24/21 Goldman Sachs
Agco upgraded to Buy from Neutral at Goldman Sachs
07/14/21 Deutsche Bank
Agco price target lowered to $141 from $187 at Deutsche Bank
07/13/21 JPMorgan
JPMorgan sees opportunities in machinery, upgrades three to Overweight
07/13/21 JPMorgan
Agco upgraded to Overweight from Neutral at JPMorgan
SUZ Suzano
$11.00 /

+0.305 (+2.85%)

08/24/21 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
03/22/21 Morgan Stanley
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley
03/22/21 Morgan Stanley
Suzano downgraded to Equal Weight from Overweight at Morgan Stanley
10/19/20 Goldman Sachs
Suzano upgraded to Buy from Neutral at Goldman Sachs
PDS Precision Drilling
$31.47 /

+1.03 (+3.38%)

08/24/21 Canaccord
Precision Drilling upgraded to Buy from Hold at Canaccord
07/26/21 Tudor Pickering
Precision Drilling upgraded to Buy from Hold at Tudor Pickering
07/23/21 RBC Capital
Precision Drilling price target raised to C$65 from C$62 at RBC Capital
07/14/21 CIBC
Precision Drilling downgraded to Neutral from Outperformer at CIBC
SHO Sunstone Hotel
$11.12 /

+0.17 (+1.55%)

08/24/21 Wells Fargo
Sunstone Hotel upgraded to Equal Weight after underperformance at Wells Fargo
08/24/21 Wells Fargo
Sunstone Hotel upgraded to Equal Weight from Underweight at Wells Fargo
08/17/21 Truist
Sunstone Hotel upgraded to Hold from Sell at Truist
08/17/21 Truist
Sunstone Hotel upgraded to Hold from Sell at Truist
SHO Sunstone Hotel
$11.12 /

+0.17 (+1.55%)

RSG Republic Services
$122.10 /

+0.51 (+0.42%)

PDS Precision Drilling
$31.47 /

+1.03 (+3.38%)

AGCO Agco
$136.00 /

+4.18 (+3.17%)

  • 02
    Oct
AGCO Agco
$136.00 /

+4.18 (+3.17%)

SHO Sunstone Hotel
$11.12 /

+0.17 (+1.55%)

RSG Republic Services
$122.10 /

+0.51 (+0.42%)

PDS Precision Drilling
$31.47 /

+1.03 (+3.38%)

Upgrade
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley » 08:15
08/24/21
08/24
08:15
08/24/21
08:15
SUZ

Suzano

$10.70 /

+0.175 (+1.66%)

Morgan Stanley analyst…

Morgan Stanley analyst Carlos De Alba upgraded Suzano to Overweight from Equal Weight with a price target of R$70, down from R$85. De Alba now sees an attractive risk-reward profile, and thinks that despite increasing CapEx due to the Cerrado pulp mill, Suzano will post solid free cash flow in the coming years, the analyst tells investors in a research note.

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SUZ Suzano
$10.70 /

+0.175 (+1.66%)

03/22/21 Morgan Stanley
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley
03/22/21 Morgan Stanley
Suzano downgraded to Equal Weight from Overweight at Morgan Stanley
10/19/20 Goldman Sachs
Suzano upgraded to Buy from Neutral at Goldman Sachs
09/25/20 Scotiabank
Suzano initiated with an Outperform at Scotiabank
  • 02
    Oct
Over a quarter ago
Upgrade
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley » 08:42
03/22/21
03/22
08:42
03/22/21
08:42
KLBAY

Klabin

$0.00 /

+ (+0.00%)

, SUZ

Suzano

$13.46 /

-0.02 (-0.15%)

Morgan Stanley analyst…

Morgan Stanley analyst Carlos De Alba upgraded Klabin (KLBAY) to Overweight from Equal Weight with a price target of R$38, up from R$30. He expects Klabin to post strong free cash flow in coming years, mainly on the back of higher paper volumes, De Alba tells investors. As paper shipments increase and pulp prices decline, he expects that Klabin's EBITDA exposure to pulp will decline to 21% by 2024, added the analyst, who prefers Klabin over Suzano (SUZ) as the market approaches what he sees as the peak for pulp prices. As previously reported, De Alba downgraded Suzano to Equal Weight from Overweight with a price target of R$86, up from R$65.

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KLBAY Klabin
$0.00 /

+ (+0.00%)

03/17/21 Scotiabank
Scotiabank upgrades Klabin, calls top pick in Latin America pulp
03/17/21 Scotiabank
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank
10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
SUZ Suzano
$13.46 /

-0.02 (-0.15%)

03/22/21 Morgan Stanley
Suzano downgraded to Equal Weight from Overweight at Morgan Stanley
10/19/20 Goldman Sachs
Suzano upgraded to Buy from Neutral at Goldman Sachs
09/25/20 Scotiabank
Suzano initiated with an Outperform at Scotiabank
08/20/20 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
  • 02
    Oct
Downgrade
Suzano downgraded to Equal Weight from Overweight at Morgan Stanley » 08:39
03/22/21
03/22
08:39
03/22/21
08:39
SUZ

Suzano

$13.46 /

-0.02 (-0.15%)

Morgan Stanley analyst…

Morgan Stanley analyst Carlos De Alba downgraded Suzano to Equal Weight from Overweight with a price target of R$86, up from R$65. While the company has delivered on its synergy targets following the Fibria acquisition and he expects it to reach record profitability and free cash flow generation, De Alba thinks that the share price is already reflecting this. Suzano shows the least upside to his price target among his Latam pulp and paper coverage, the analyst noted.

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SUZ Suzano
$13.46 /

-0.02 (-0.15%)

10/19/20 Goldman Sachs
Suzano upgraded to Buy from Neutral at Goldman Sachs
09/25/20 Scotiabank
Suzano initiated with an Outperform at Scotiabank
08/20/20 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
05/15/20 Credit Suisse
Suzano upgraded to Outperform from Neutral at Credit Suisse
  • 02
    Oct
Upgrade
Suzano upgraded to Buy from Neutral at Goldman Sachs » 05:03
10/19/20
10/19
05:03
10/19/20
05:03
SUZ

Suzano

$8.91 /

+0.38 (+4.45%)

Goldman Sachs analyst…

Goldman Sachs analyst Thiago Ojea upgraded Suzano to Buy from Neutral with a R$67 price target. The company over the next 12 months should benefit from better pulp cycle prices, a weaker Brazilian real, inventory normalization that should lead higher volumes in 2021, and cost reductions from synergies emerging from the Fibria acquisition, Ojea tells investors in a research note.

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SUZ Suzano
$8.91 /

+0.38 (+4.45%)

09/25/20 Scotiabank
Suzano initiated with an Outperform at Scotiabank
08/20/20 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
05/15/20 Credit Suisse
Suzano upgraded to Outperform from Neutral at Credit Suisse
11/14/19 UBS
Suzano downgraded to Sell from Neutral at UBS
  • 02
    Oct
Syndicate
Suzano 150.217M share Secondary priced at $8.15 » 08:40
10/02/20
10/02
08:40
10/02/20
08:40
SUZ

Suzano

$8.16 /

-0.02 (-0.24%)

JPMorgan acted as lead…

JPMorgan acted as lead book running manager for the offering.

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SUZ Suzano
$8.16 /

-0.02 (-0.24%)

09/25/20 Scotiabank
Suzano initiated with an Outperform at Scotiabank
08/20/20 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
05/15/20 Credit Suisse
Suzano upgraded to Outperform from Neutral at Credit Suisse
11/14/19 UBS
Suzano downgraded to Sell from Neutral at UBS
  • 02
    Oct
Initiation
Suzano initiated with an Outperform at Scotiabank » 07:47
09/25/20
09/25
07:47
09/25/20
07:47
SUZ

Suzano

$8.32 /

-0.03 (-0.36%)

Scotiabank analyst…

Scotiabank analyst Alfonso Salazar initiated coverage of Suzano with an Outperform rating and R$68 price target, noting that his price target for Suzano's ADR is $13.50. Suzano offers a more attractive risk/reward than other LatAm pulp and paper producers, argues Salazar, citing its "unmatched exposure to pulp" and "ability to generate positive free cash flow at any pulp price."

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SUZ Suzano
$8.32 /

-0.03 (-0.36%)

08/20/20 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
05/15/20 Credit Suisse
Suzano upgraded to Outperform from Neutral at Credit Suisse
11/14/19 UBS
Suzano downgraded to Sell from Neutral at UBS
Over a year ago
Syndicate
Suzano files to sell common stock for holders, no amount given  16:53
09/18/20
09/18
16:53
09/18/20
16:53
SUZ

Suzano

$9.26 /

-0.105 (-1.12%)

 
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SUZ Suzano
$9.26 /

-0.105 (-1.12%)

08/20/20 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
05/15/20 Credit Suisse
Suzano upgraded to Outperform from Neutral at Credit Suisse
11/14/19 UBS
Suzano downgraded to Sell from Neutral at UBS
09/20/19
Fly Intel: Top five analyst downgrades

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