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Westpac upgraded to Overweight from Equal Weight at Morgan Stanley » 16:00
11/16/20
11/16
16:00
11/16/20
16:00
WBK

Westpac

$13.77 /

+0.275 (+2.04%)

Morgan Stanley analyst…

Morgan Stanley analyst Richard Wiles upgraded Westpac to Overweight from Equal Weight with a A$20.40 price target.

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WBK Westpac
$13.77 /

+0.275 (+2.04%)

WBK Westpac
$13.77 /

+0.275 (+2.04%)

06/30/20
Fly Intel: Top five analyst upgrades
06/30/20 Goldman Sachs
Westpac upgraded to Buy from Neutral at Goldman Sachs
06/05/20
Fly Intel: Top five analyst upgrades
06/04/20 UBS
Westpac upgraded to Buy from Neutral at UBS
Over a month ago
Hot Stocks
Westpac to pay A$1.3B to settle laundering suit with AUSTRAK » 18:03
09/23/20
09/23
18:03
09/23/20
18:03
WBK

Westpac

$11.42 /

-0.16 (-1.38%)

Westpac Group has…

Westpac Group has "announced it has reached an agreement with AUSTRAC to resolve the civil proceedings commenced in the Federal Court of Australia on 20 November 2019. Under the agreement, the parties have today, agreed to: file with the Federal Court a Statement of Agreed Facts and Admissions*recommend to the Court that Westpac pay a civil penalty of $1.3 billion in relation to admitted contraventions of the Anti-Money Laundering and Counter-Terrorism and Financing Act 2006. As part of the agreement, Westpac has admitted to additional contraventions that are outlined in the amended statement of claim, and which contribute to the agreed penalty."

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WBK Westpac
$11.42 /

-0.16 (-1.38%)

06/30/20
Fly Intel: Top five analyst upgrades
06/30/20 Goldman Sachs
Westpac upgraded to Buy from Neutral at Goldman Sachs
06/05/20
Fly Intel: Top five analyst upgrades
06/04/20 UBS
Westpac upgraded to Buy from Neutral at UBS
Over a quarter ago
Upgrade
Fly Intel: Top five analyst upgrades » 10:03
06/30/20
06/30
10:03
06/30/20
10:03
WBK

Westpac

$12.42 /

+0.1 (+0.81%)

, CROX

Crocs

$36.03 /

+0.98 (+2.80%)

, PPG

PPG

$104.79 /

+0.85 (+0.82%)

, AWI

Armstrong World

$75.36 /

+1.12 (+1.51%)

, TOL

Toll Brothers

$31.28 /

-0.12 (-0.38%)

, ACRE

Ares Commercial

$9.07 /

+0.11 (+1.23%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Westpac (WBK) upgraded to Buy from Neutral at Goldman Sachs with analyst Andrew Lyons saying the company look well placed to deal with the end of the deferral period and is trading nearly two-third standard deviations cheap versus peers. 2. Crocs (CROX) upgraded to Buy from Hold at Loop Capital with analyst Laura Champine citing her industry checks showing strong e-commerce trends and stores reopening with positive comps, even though Champine warns that her model assumes that most stores will remain open against the risk of a second pandemic wave closing the economy again. 3. PPG (PPG) upgraded to Outperform from Market Perform at BMO Capital with analyst John McNulty saying recent time with management and data tied to the company's end markets indicate the potential for PPG's earnings to recover over the second half of 2020, and 2021/22 should come in above expectations. 4. Armstrong World (AWI) upgraded to Outperform from Neutral at Exane BNP Paribas. 5. Toll Brothers (TOL) and Ares Commercial (ACRE) were upgraded to Outperform from Market Perform at Keefe Bruyette. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

PPG PPG
$104.79 /

+0.85 (+0.82%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

AWI Armstrong World
$75.36 /

+1.12 (+1.51%)

ACRE Ares Commercial
$9.07 /

+0.11 (+1.23%)

WBK Westpac
$12.42 /

+0.1 (+0.81%)

06/30/20 Goldman Sachs
Westpac upgraded to Buy from Neutral at Goldman Sachs
06/05/20
Fly Intel: Top five analyst upgrades
06/04/20 UBS
Westpac upgraded to Buy from Neutral at UBS
06/01/20 Jefferies
Westpac downgraded to Underperform from Hold at Jefferies
CROX Crocs
$36.03 /

+0.98 (+2.80%)

06/30/20 Loop Capital
Crocs upgraded to Buy from Hold at Loop Capital
06/30/20 Piper Sandler
Piper remains buyer of Crocs after Texas store visits
06/30/20 Loop Capital
Crocs upgraded to Buy from Hold at Loop Capital
06/08/20 Monness Crespi
Crocs price target raised to $40 from $30 at Monness Crespi
PPG PPG
$104.79 /

+0.85 (+0.82%)

06/30/20 BMO Capital
PPG upgraded to Outperform from Market Perform at BMO Capital
06/26/20 Deutsche Bank
PPG price target raised to $115 from $108 at Deutsche Bank
06/09/20 BMO Capital
PPG price target raised to $121 from $98 at BMO Capital
06/02/20 RBC Capital
PPG price target raised to $112 from $102 at RBC Capital
AWI Armstrong World
$75.36 /

+1.12 (+1.51%)

06/30/20 Exane BNP Paribas
Armstrong World upgraded to Outperform from Neutral at Exane BNP Paribas
06/18/20 Zelman
Armstrong World added to Top Idea Basket as a Sell at Zelman
05/27/20 Credit Suisse
Armstrong World initiated with an Outperform at Credit Suisse
04/28/20 Truist
Armstrong World price target lowered to $95 from $100 at SunTrust
TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

06/29/20 Keefe Bruyette
Keefe Bruyette upgrades 'undervalued' Toll Brothers to Outperform
06/29/20 Keefe Bruyette
Toll Brothers upgraded to Outperform from Market Perform at Keefe Bruyette
06/15/20 Citi
Toll Brothers price target raised to $34 from $33 at Citi
06/05/20 Evercore ISI
Toll Brothers upgraded to Outperform from In Line at Evercore ISI
ACRE Ares Commercial
$9.07 /

+0.11 (+1.23%)

06/29/20 Keefe Bruyette
Keefe Bruyette upgrades Ares Commercial to Outperform, likes 14.8% yield
06/29/20 Keefe Bruyette
Ares Commercial upgraded to Outperform from Market Perform at Keefe Bruyette
04/27/20 Credit Suisse
Ares Commercial price target lowered to $9 from $17.50 at Credit Suisse
01/08/20 Credit Suisse
Credit Suisse upgrades Ares Commercial to Outperform on capital raising ability
TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

PPG PPG
$104.79 /

+0.85 (+0.82%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

AWI Armstrong World
$75.36 /

+1.12 (+1.51%)

ACRE Ares Commercial
$9.07 /

+0.11 (+1.23%)

  • 23
    Jan
  • 31
    Oct
PPG PPG
$104.79 /

+0.85 (+0.82%)

TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

Upgrade
Westpac upgraded to Buy from Neutral at Goldman Sachs » 04:46
06/30/20
06/30
04:46
06/30/20
04:46
WBK

Westpac

$12.32 /

+0.245 (+2.03%)

Goldman Sachs analyst…

Goldman Sachs analyst Andrew Lyons upgraded Westpac to Buy from Neutral with an unchanged price target of A$20.13. The company look well placed to deal with the end of the deferral period and is trading nearly two-third standard deviations cheap versus peers, Lyons tells investors in a research note.

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WBK Westpac
$12.32 /

+0.245 (+2.03%)

06/05/20
Fly Intel: Top five analyst upgrades
06/04/20 UBS
Westpac upgraded to Buy from Neutral at UBS
06/01/20 Jefferies
Westpac downgraded to Underperform from Hold at Jefferies
04/27/20 JPMorgan
Westpac downgraded to Neutral from Overweight at JPMorgan
Upgrade
Fly Intel: Top five analyst upgrades » 10:06
06/05/20
06/05
10:06
06/05/20
10:06
NVAX

Novavax

$49.70 /

+5.02 (+11.24%)

, NAV

Navistar

$29.22 /

+1.3 (+4.66%)

, SYY

Sysco

$63.09 /

+4.51 (+7.70%)

, HXL

Hexcel

$48.77 /

+4.055 (+9.07%)

, WBK

Westpac

$13.51 /

+0.7 (+5.46%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Novavax (NVAX) upgraded to Neutral from Underweight at JPMorgan with analyst Eric Joseph saying the stock's 995% rally year-to-date reflects the potential promise for the company's COVID-19 vaccine program, NVX-CoV2373, having recently initiated phase 1 testing. 2. Navistar (NAV) was upgraded to Outperform from Neutral at Baird and to Buy from Hold at Loop Capital. 3. Sysco (SYY) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Edward Kelly saying Kelly's confidence in the company's ability to navigate the COVID-19 disruption and emerge even stronger is growing. 4. Hexcel (HXL) upgraded to Outperform from Market Perform at BMO Capital with analyst John McNulty saying while the company's near-term earnings will be "abysmal" with significant production cuts in aerospace compounded by inventory destocking that can't be offset quickly enough with cost cutting, there are improving signs for the intermediate to long term with the 737 MAX ramp-up having started. 5. Westpac (WBK) upgraded to Buy from Neutral at UBS with analyst Jonathan Mott saying he Australian banks have de-rated but the outlooks "may not be as bleak." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
WBK Westpac
$13.51 /

+0.7 (+5.46%)

SYY Sysco
$63.09 /

+4.51 (+7.70%)

NVAX Novavax
$49.70 /

+5.02 (+11.24%)

NAV Navistar
$29.22 /

+1.3 (+4.66%)

HXL Hexcel
$48.77 /

+4.055 (+9.07%)

NVAX Novavax
$49.70 /

+5.02 (+11.24%)

06/05/20 JPMorgan
JPMorgan upgrades Novavax to Neutral despite 'shaky fundamentals'
06/05/20 B. Riley Securities
Novavax price target raised to $74 from $61 at B. Riley FBR
06/05/20 JPMorgan
Novavax upgraded to Neutral from Underweight at JPMorgan
06/04/20 Cantor Fitzgerald
Inovio, Novavax COVID vaccines should not be disregarded, says Cantor
NAV Navistar
$29.22 /

+1.3 (+4.66%)

06/05/20 Loop Capital
Navistar upgraded to Buy from Hold at Loop Capital
06/05/20 Baird
Navistar upgraded to Outperform from Neutral at Baird
06/05/20 Loop Capital
Navistar upgraded to Buy from Hold at Loop Capital
06/02/20 Longbow
Navistar downgraded to Neutral from Buy at Longbow
SYY Sysco
$63.09 /

+4.51 (+7.70%)

06/05/20 Wells Fargo
Sysco upgraded to Overweight from Equal Weight at Wells Fargo
06/05/20 Wells Fargo
Sysco upgraded to Overweight from Equal Weight at Wells Fargo
06/01/20 Piper Sandler
Sysco upgraded to Overweight from Neutral at Piper Sandler
04/23/20
Fly Intel: Top five analyst downgrades
HXL Hexcel
$48.77 /

+4.055 (+9.07%)

06/05/20 BMO Capital
Hexcel upgraded to Outperform from Market Perform at BMO Capital
06/01/20 Barclays
Barclays upgrades Woodward to Overweight on improved cash flow view
05/28/20 BMO Capital
Hexcel price target raised to $45 from $37 at BMO Capital
05/22/20 Alembic Global
Hexcel initiated with a Neutral at Alembic Global
WBK Westpac
$13.51 /

+0.7 (+5.46%)

06/04/20 UBS
Westpac upgraded to Buy from Neutral at UBS
06/01/20 Jefferies
Westpac downgraded to Underperform from Hold at Jefferies
04/27/20 JPMorgan
Westpac downgraded to Neutral from Overweight at JPMorgan
03/24/20 JPMorgan
Westpac upgraded to Overweight from Neutral at JPMorgan
SYY Sysco
$63.09 /

+4.51 (+7.70%)

NVAX Novavax
$49.70 /

+5.02 (+11.24%)

NAV Navistar
$29.22 /

+1.3 (+4.66%)

HXL Hexcel
$48.77 /

+4.055 (+9.07%)

SYY Sysco
$63.09 /

+4.51 (+7.70%)

NVAX Novavax
$49.70 /

+5.02 (+11.24%)

NAV Navistar
$29.22 /

+1.3 (+4.66%)

SYY Sysco
$63.09 /

+4.51 (+7.70%)

NVAX Novavax
$49.70 /

+5.02 (+11.24%)

NAV Navistar
$29.22 /

+1.3 (+4.66%)

HXL Hexcel
$48.77 /

+4.055 (+9.07%)

SYY Sysco
$63.09 /

+4.51 (+7.70%)

NVAX Novavax
$49.70 /

+5.02 (+11.24%)

Upgrade
Westpac upgraded to Buy from Neutral at UBS » 16:25
06/04/20
06/04
16:25
06/04/20
16:25
WBK

Westpac

$12.81 /

+0.225 (+1.79%)

UBS analyst Jonathan Mott…

UBS analyst Jonathan Mott earlier today upgraded Westpac to Buy from Neutral with a price target of A$20.50, up from A$18.50. The Australian banks have de-rated but the outlooks "may not be as bleak," Mott tells investors in a research note. The analyst believes the market is likely to factor in a recovery in bank returns unless we see further economic deterioration.

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WBK Westpac
$12.81 /

+0.225 (+1.79%)

WBK Westpac
$12.81 /

+0.225 (+1.79%)

06/01/20 Jefferies
Westpac downgraded to Underperform from Hold at Jefferies
04/27/20 JPMorgan
Westpac downgraded to Neutral from Overweight at JPMorgan
03/24/20 JPMorgan
Westpac upgraded to Overweight from Neutral at JPMorgan
03/17/20 Jefferies
Westpac upgraded to Hold from Underperform at Jefferies
Downgrade
Westpac downgraded to Underperform from Hold at Jefferies » 08:07
06/01/20
06/01
08:07
06/01/20
08:07
WBK

Westpac

$11.38 /

-0.675 (-5.60%)

Jefferies analyst Brian…

Jefferies analyst Brian Johnson downgraded Westpac to Underperform from Hold with a price target of A$13.34, down from A$14.30. While "derated" Australian banks are "cheaper than they were," anything other than a sharp "V" shaped economic recovery suggests further material share price downside given the risks for rising loan losses and lower dividend servicing capacity, Johnson argues.

ShowHide Related Items >><<
WBK Westpac
$11.38 /

-0.675 (-5.60%)

WBK Westpac
$11.38 /

-0.675 (-5.60%)

04/27/20 JPMorgan
Westpac downgraded to Neutral from Overweight at JPMorgan
03/24/20 JPMorgan
Westpac upgraded to Overweight from Neutral at JPMorgan
03/17/20 Jefferies
Westpac upgraded to Hold from Underperform at Jefferies
02/03/20 Morgan Stanley
Westpac downgraded to Underweight from Equal Weight at Morgan Stanley
Downgrade
Westpac downgraded to Neutral from Overweight at JPMorgan » 13:23
04/27/20
04/27
13:23
04/27/20
13:23
WBK

Westpac

$9.51 /

-0.34 (-3.45%)

JPMorgan analyst Andrew…

JPMorgan analyst Andrew Triggs downgraded Westpac to Neutral from Overweight.

ShowHide Related Items >><<
WBK Westpac
$9.51 /

-0.34 (-3.45%)

03/24/20 JPMorgan
Westpac upgraded to Overweight from Neutral at JPMorgan
03/17/20 Jefferies
Westpac upgraded to Hold from Underperform at Jefferies
02/03/20 Morgan Stanley
Westpac downgraded to Underweight from Equal Weight at Morgan Stanley
11/05/19 Jefferies
Westpac Banking initiated with an Underperform at Jefferies
Upgrade
Westpac upgraded to Overweight from Neutral at JPMorgan » 08:53
03/24/20
03/24
08:53
03/24/20
08:53
WBK

Westpac

$8.12 /

-0.815 (-9.13%)

JPMorgan analyst Andrew…

JPMorgan analyst Andrew Triggs upgraded Westpac to Overweight from Neutral with a price target of A$18.40, down from A$23.40. The analyst cites the company's low risk asset book and valuation support for the upgrade.

ShowHide Related Items >><<
WBK Westpac
$8.12 /

-0.815 (-9.13%)

03/17/20 Jefferies
Westpac upgraded to Hold from Underperform at Jefferies
02/03/20 Morgan Stanley
Westpac downgraded to Underweight from Equal Weight at Morgan Stanley
11/05/19 Jefferies
Westpac Banking initiated with an Underperform at Jefferies
09/03/19
Fly Intel: Top five analyst upgrades
Upgrade
Westpac upgraded to Hold from Underperform at Jefferies » 08:38
03/17/20
03/17
08:38
03/17/20
08:38
WBK

Westpac

$9.73 /

-1.895 (-16.31%)

Jefferies analyst Brian…

Jefferies analyst Brian Johnson upgraded Westpac to Hold from Underperform with a price target of A$16.40, down from A$21.30. While Australian bank earnings risks "abound," value has emerged following five years of underperformance, Johnson tells investors.

ShowHide Related Items >><<
WBK Westpac
$9.73 /

-1.895 (-16.31%)

02/03/20 Morgan Stanley
Westpac downgraded to Underweight from Equal Weight at Morgan Stanley
11/05/19 Jefferies
Westpac Banking initiated with an Underperform at Jefferies
09/03/19
Fly Intel: Top five analyst upgrades
09/02/19 Credit Suisse
Westpac Banking upgraded to Outperform from Neutral at Credit Suisse

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