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Stock Market & Financial Investment News

News Breaks
November 21, 2012
09:59 EDTMTL, FRC, SKX, GLRE, BIN, WBS, PENN, FMER, THOR, NRGYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Greenlight Capital Re (GLRE) upgraded to Buy from Neutral at UBS... Inergy, L.P. (NRGY) upgraded to Outperform from Neutral at RW Baird... Penn National (PENN) upgraded to Buy from Neutral at Lazard Capital... Skechers (SKX) upgraded to Positive from Neutral at Susquehanna... Thoratec (THOR) upgraded to Outperform from Market Perform at Wells Fargo... Webster Financial (WBS) upgraded to Equal Weight from Underweight at Morgan Stanley... First Republic Bank (FRC) upgraded to Buy from Hold at Jeffries... FirstMerit (FMER) upgraded to Buy from Hold at Sandler ONeill... Progressive Waste (BIN) upgraded to Outperform from Sector Perform at Scotia Capital... Mechel (MTL) upgraded to Hold from Sell at Deutsche Bank.
News For GLRE;NRGY;PENN;SKX;THOR;WBS;FRC;FMER;BIN;MTL From The Last 14 Days
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May 20, 2015
08:37 EDTPENNMorgan Stanley to hold a conference
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May 19, 2015
09:05 EDTSKXSkechers price target raised to $117 from $89 at Susquehanna
Susquehanna raised its price target on Skechers to $117 from $89 citing strong sell-through and continued order momentum. The firm believes investors are beginning to appreciate the company's inventory management, strong operating leverage, and underlying gross margin performance and sees this generating further stock appreciation. Susquehanna reiterated its Positive rating on the stock.
07:27 EDTSKXSkechers moves into second place in U.S. sports footwear market, WSJ says
Skechers (SKX) moved past Adidas (ADDYY) and into second place, behind Nike (NKE), in the U.S. athletic footwear market, reports the Wall Street Journal. Reference Link
May 18, 2015
15:31 EDTPENNPenn National management to meet with JPMorgan
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10:01 EDTPENNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: A10 Networks (ATEN) upgraded to Overweight from Sector Weight at Pacific Crest... Cal-Maine Foods (CALM) upgraded to Overweight from Equal Weight at Stephens... ChemoCentryx (CCXI) upgraded to Overweight from Neutral at JPMorgan... Cheniere Energy Partners LP (CQP) upgraded to Buy from Neutral at Goldman... Chicago Bridge & Iron (CBI) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Goldman... Ctrip.com (CTRP) upgraded to Overweight from Neutral at JPMorgan... Emerge Energy (EMES) upgraded to Buy from Neutral at Goldman... FEMSA (FMX) upgraded to Overweight from Equal Weight at Morgan Stanley... GoPro (GPRO) upgraded to Perform from Underperform at Oppenheimer... Holly Energy (HEP) upgraded to Buy from Neutral at Goldman... JP Energy (JPEP) upgraded on better visibility on volumes at RBC Capital... Laredo Petroleum (LPI) upgraded to Neutral from Sell at Goldman... Malvern Bancorp (MLVF) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Goldman... Norsk Hydro (NHYDY) upgraded to Overweight from Neutral at JPMorgan... Owens-Illinois (OI) upgraded to Neutral from Underperform at BofA/Merrill... Penn National (PENN) upgraded to Buy from Neutral at Goldman... Roche (RHHBY) upgraded to Buy from Neutral at UBS... Schnitzer Steel (SCHN) upgraded on stabilizing headwinds at KeyBanc... Seventy Seven Energy (SSE) upgraded to Buy from Hold at Jefferies... Toll Brothers (TOL) upgraded to Neutral from Underperform at Sterne Agee CRT... United Therapeutics (UTHR) upgraded to Buy from Neutral at BTIG... Volvo (VOLVY) upgraded to Neutral from Underweight at JPMorgan... Zayo Group (ZAYO) upgraded to Buy from Neutral at Goldman.
07:39 EDTPENNPenn National upgraded to Buy from Neutral at Goldman
Goldman upgraded Penn National to Buy and raised its price target to $21 from $16. The firm expects new capacity, the Plainridge and Jamul projects, and the recently purchased Tropicana to drive EBITDA growth and multiple expansion.
May 14, 2015
07:54 EDTFRCFirst Republic Bank management to meet with Deutsche Bank
Meeting to be held in New York on May 14 hosted by Deutsche Bank.
May 12, 2015
08:09 EDTPENNDeutsche positive on Penn National after management meetings
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07:50 EDTPENNWells Fargo to hold a conference
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May 8, 2015
09:03 EDTSKXSkechers price target raised to $111 from $83 at Sterne Agee CRT
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