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Fly News Breaks for January 10, 2020
CME, FL, DLB, SIX, DBX
Jan 10, 2020 | 10:30 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Dropbox (DBX) downgraded to Hold from Buy at Jefferies with analyst Brent Thill saying the stock's current multiple already prices in 15%-20% growth and up to 200 basis point of margin expansion. 2. Six Flags (SIX) downgraded to Equal Weight from Overweight at Wells Fargo, to Neutral from Buy at Janney Montgomery Scott, and to Underweight from Equal Weight at Wells Fargo. 3. Dolby (DLB) downgraded to Neutral from Buy at B. Riley FBR with analyst Eric Wold saying with the shares only 5% away from his price target, the analyst feels both his fiscal 2020 estimates and target multiple are at the higher-end of Dolby's potential ranges over the next 12 months. 4. Foot Locker (FL) downgraded to Neutral from Positive at Susquehanna with analyst Sam Poser saying channel checks indicate that holiday launches from Nike (NKE), Adidas (ADDYY), and others were not enough to overcome last year's difficult comparisons. 5. CME Group (CME) downgraded to Market Perform from Outperform at Bernstein. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For DBX;SIX;DLB;FL;CME From the Last 2 Days
SIX
Oct 28, 2021 | 16:55 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here
SIX
Oct 27, 2021 | 13:05 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.  1... To see the rest of the story go to thefly.com. See Story Here
SIX
Oct 26, 2021 | 13:51 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Thermo Fisher (TMO), consensus $4.67... Coca-Cola (KO), consensus 58c... McDonald's (MCD), consensus $2.46... Bristol Myers (BMY), consensus $1.92... Boeing (BA), consensus (21c)... General Motors (GM), consensus 96c... Fiserv (FISV), consensus $1.45... Boston Scientific (BSX), consensus 40c... General Dynamics (GD), consensus $2.98... Kraft Heinz (KHC), consensus 58c... Hilton Worldwide (HLT), consensus 85c... Dynatrace (DT), consensus 16c... International Paper (IP), consensus $1.45... New York Community Bancorp (NYCB), consensus 32c... Harley-Davidson (HOG), consensus 70c... Six Flags (SIX), consensus $1.55.