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OPRA

Opera

$9.06

0.43 (4.98%)

09:28
01/16/20
01/16
09:28
01/16/20
09:28

Opera drops 16% to $7.55 after Hindenburg short report

OPRA Opera
$9.06

0.43 (4.98%)

07/17/19
RILY
07/17/19
INITIATION
Target $14.5
RILY
Buy
Opera initiated with a Buy at B. Riley FBR
B. Riley FBR started Opera with a Buy rating and $14.50 price target.
07/17/19
07/17/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. PagSeguro Digital (PAGS) initiated with an Outperform at Evercore ISI. 2. Opera (OPRA) initiated with a Buy at B. Riley FBR. 3. Slack Technologies (WORK) initiated with a Neutral at Citi. 4. Jones Lang LaSalle (JLL) reinstated with an Overweight at JPMorgan. 5. Allison Transmission (ALSN) initiated with an Equal Weight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/02/19
LSCM
10/02/19
INITIATION
Target $19
LSCM
Buy
Opera initiated with a Buy at Lake Street
Lake Street analyst Mark Argento started Opera Limited with a Buy rating and $19 price target. Given his 2020 expectation of better than 30% growth and expanding margins, the analyst believes Opera's current valuation is attractive relative to peers. He views Opera as an "overlooked" internet company that should see better monetization of its "massive" installed base via advertising.
01/16/20
LSCM
01/16/20
NO CHANGE
Target $21
LSCM
Buy
Opera recent pullback a 'great opportunity,' says Lake Street
After outperforming both internal and Street expectations and raising guidance again last quarter, Opera shares have come in 20%, a "significant dislocation" which represents a "great opportunity for investors to get involved," Lake Street analyst Mark Argento tells investors in a research note. The analyst believes the company's momentum has continued through Q4 and into fiscal 2020 as OKash continues to accelerate. He reiterates a Buy rating on Opera with a $21 price target.

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