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MODN

Model N

$12.40

0.25 (2.06%)

07:07
05/19/17
05/19
07:07
05/19/17
07:07

Model N initiated with a Buy at Chardan

Chardan analyst Steven Wardel initiated Model N with a Buy and a $16 price target saying shares are undervalued based on expected strong demand for management services and execution by new management.

  • 22

    May

  • 30

    May

MODN Model N
$12.40

0.25 (2.06%)

12/13/16
CHLM
12/13/16
DOWNGRADE
Target $10
CHLM
Hold
Model N downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst Chad Bennett downgraded Model N to Hold saying the "risks outweigh the benefits" following the company's acquisition of primary competitor Revitas. Model N is setting back its transition to a recurring/SaaS model by acquiring a business in the early stages of transition, Bennett tells investors in a research note. He cut his price target for the shares to $10 from $14.
12/13/16
12/13/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Deutsche Bank analyst Bill Schmitz downgraded Procter & Gamble (PG) to Hold citing a lack of catalysts over the next few quarters. The analyst lowered his price target for P&G shares to $90 from $95 but remains positive on P&G's medium to long-term opportunity. Schmitz also downgraded Coca-Cola (KO) to Hold saying that while CEO James Quincey "is the right person for the turnaround job," near-term stock outperformance will be limited by investor migration out of staples, wellness related consumption headwinds and likely negative earnings revisions. The analyst cut his price target for Coca-Cola shares to $44 from $48. 2. Barclays analyst Karen Short downgraded GNC Holdings (GNC) to Underweight saying the company's recent strategy change and press reports indicating that at least some potential foreign buyers are not interested in the U.S. assets make a potential takeover unlikely. 3. RBC Capital downgraded Viacom (VIAB) to Underperform from Sector Perform after the company announced that it would no longer pursue a merger with CBS (CBS). Wedbush analyst James Dix also downgraded Viacom to Neutral after National Amusements withdrew support for a merger with CBS. 4. Craig-Hallum analyst Chad Bennett downgraded Model N (MODN) to Hold saying the "risks outweigh the benefits" following the company's acquisition of primary competitor Revitas. 5. Baird analyst Whit Mayo downgraded DaVita (DVA) to Neutral from Outperform after CMS issued its notice with respect to third-party premium support for ESRD patients enrolling in Exchange plans, which he views as potentially putting the company's entire $230M HIX tailwind at risk. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/09/17
CHLM
05/09/17
UPGRADE
CHLM
Buy
Model N upgraded to Buy from Hold at Craig-Hallum
05/09/17
05/09/17
UPGRADE
Target $18

Buy
Model N upgraded to Buy at Craig-Hallum
As previously reported, Craig-Hallum analyst Chad Bennett upgraded Model N to Buy from Hold following its Q2 earnings report and recent user conference. Additionally, the analyst thinks the company has some favorable tailwinds to SaaS revenue growth. The analyst also raised his price target on the shares to $18 from $10.

TODAY'S FREE FLY STORIES

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KCDMY

Kimberly-Clark de Mexico

$10.34

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PPG

PPG

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FND

Floor & Decor

$37.40

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BABA

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MRSN

Mersana Therapeutics

$14.05

-0.14 (-0.99%)

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MTZ

MasTec

$45.30

-0.35 (-0.77%)

06:25
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  • 04

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WFC

Wells Fargo

$54.17

-0.71 (-1.29%)

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MIK

Michaels

$19.02

0.22 (1.17%)

06:23
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MRSN

Mersana Therapeutics

$14.05

-0.14 (-0.99%)

06:21
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C

Citi

$66.00

-0.36 (-0.54%)

06:21
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  • 25

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SFTBF

SoftBank

$82.90

-0.25 (-0.30%)

06:20
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BHF

Brighthouse Financial

, MET

MetLife

$54.65

0.07 (0.13%)

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BHF

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MET

MetLife

$54.65

0.07 (0.13%)

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  • 03

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ACM

Aecom

$32.02

-0.25 (-0.77%)

06:19
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  • 08

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TEVA

Teva

$32.64

0.21 (0.65%)

06:18
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  • 03

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INTU

Intuit

$134.84

-0.51 (-0.38%)

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  • 24

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CBI

CB&I

$17.79

-0.34 (-1.88%)

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  • 07

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ZEN

Zendesk

$29.16

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  • 03

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PM

Philip Morris

$119.58

-0.28 (-0.23%)

06:13
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GOOG

Alphabet

$972.92

4.77 (0.49%)

, GOOGL

Alphabet Class A

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1.65 (0.17%)

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GOOG

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$972.92

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GOOGL

Alphabet Class A

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1.65 (0.17%)

CBS

CBS

$65.83

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CMCSA

Comcast

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CMCSK

Comcast

NYT

New York Times

$18.10

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GS

Goldman Sachs

$220.18

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, MS

Morgan Stanley

$46.59

0.08 (0.17%)

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GS

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$220.18

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MS

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  • 01

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MRSN

Mersana Therapeutics

$14.05

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NSRGY

Nestle

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WIX

Wix.com

$73.10

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APRN

Blue Apron

$6.55

0.03 (0.46%)

06:07
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