2021-01-22 05:43:38 FTNT Fortinet
01/22/21 01/2205:43 01/22/2105:43 | Fortinet upgraded to Buy from Neutral at BTIGBTIG analyst Gray Powell upgraded Fortinet to Buy from Neutral with a $178 price target. Recent channel checks were good as partners indicated that FTNT continues to gain share with larger enterprise customers and commentary around win rates in the SD-WAN market were encouraging, Powell tells investors in a research note. The analyst thinks Fortinet's play on the secure access service edge theme is underappreciated by investors and that the shares can re-rate higher over the next 12 - 18 months as it becomes a larger component of sales. |
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General news
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March new home sales 1,000, consensus 887,000
10:02 04/23/21 04/2310:02 04/23/2110:02
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Economic Data
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Fly Intel: Top five analyst downgrades »
10:01 04/23/21 04/2310:01 04/23/2110:01
KHC
Kraft Heinz
Harley-Davidson
RingCentral
TAL Education
NiSource
Catch up on today's… Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Kraft Heinz (KHC) downgraded to Neutral from Overweight at Piper Sandler with analyst Michael Lavery believing the stock's risk/reward to is "unattractive near-term." 2. Harley-Davidson (HOG) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Billy Kovanis stating that investors embraced the message from the company CEO about increasing desirability and profitability, but Harley-Davidson is facing secular headwinds, while expectations to execute are now higher. 3. RingCentral (RNG) downgraded to Perform from Outperform at Oppenheimer with analyst Timothy Horan saying while Q1 earnings should be strong, he believes risks are on the horizon. 4. TAL Education (TAL) downgraded to Neutral from Buy at Nomura with analyst Jessie Xu thinking TAL lacks positive catalysts without a clear timeline for policy clarifications and also expects the company to be loss-making in Q1 of FY22, which "might be a surprise to the market" and may come with further cuts to consensus earnings expectations. 5. NiSource (NI) downgraded to In Line from Outperform at Evercore ISI with analyst Durgest Chopra citing valuation. 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 >><<
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Incyte announces new findings from pooled analyses of Phase 3 TRuE-AD program »
10:01 04/23/21 04/2310:01 04/23/2110:01
INCY
Incyte
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Upgrade
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Fly Intel: Top five analyst upgrades »
10:01 04/23/21 04/2310:01 04/23/2110:01
SKX
Skechers
MediaAlpha
Silicon Labs
Imax
Clearfield
Catch up on today's… Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Skechers (SKX) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Kimberly Greenberger viewing the company's Q1 results as impressive saying the fiscal year guidance provides a "clearer" EBIT and earnings trajectory. 2. MediaAlpha (MAX) upgraded to Overweight from Neutral at JPMorgan with analyst Doug Anmuth saying the shares have traded down 46% since March 15, largely driven by new supply coming to market as well as the broader shift away from growth stocks. 3. Silicon Labs (SLAB) upgraded to Overweight from Sector Weight at KeyBanc with analyst John Vinh saying with the divestiture of the non-IoT segments, Vinh anticipates the increased focus will drive long-term sustained revenue growth of 20%+ and anticipates an even higher likelihood the company will be acquired. 4. Imax (IMAX) upgraded to Outperform from Neutral at Wedbush with analyst Michael Pachter saying pent up demand for out-of-home entertainment drove outsized market share for Imax in China, Japan, and elsewhere in Asia over the last several months, particularly in Q1, and Pachter expects similar pent-up demand in North America and Europe to result in market share gains once the film slate returns to a normal cadence. 5. Clearfield (CLFD) upgraded to Outperform from Market Perform at Northland with analyst Tim Savageaux saying he believes the company's earnings power has come in line with his previous target given his view that Rural Digital Opportunity Fund deployments beginning later in 2021 and increased Tier 1/2 revenues have the potential to sustain the company's above trend growth. 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 >><<
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Earnings
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MetroCity Bankshares reports Q1 EPS 50c, consensus 41c »
10:00 04/23/21 04/2310:00 04/23/2110:00
MCBS
MetroCity Bankshares
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Hot Stocks
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Kimberly-Clark falls -5.0% »
10:00 04/23/21 04/2310:00 04/23/2110:00
KMB
Kimberly-Clark
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EnLink Midstream rises 8.3% »
10:00 04/23/21 04/2310:00 04/23/2110:00
ENLC
EnLink Midstream
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| Skechers is up 14.7%, or… Story temporarily locked. ShowHide Related Items >><<
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Options
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Teva put volume heavy and directionally bearish »
09:55 04/23/21 04/2309:55 04/23/2109:55
TEVA
Teva
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Options
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Early notable gainers among liquid option names on April 23rd »
09:55 04/23/21 04/2309:55 04/23/2109:55
SIVB
SVB Financial
Freeport McMoRan
Skyworks
Xilinx
AMD
Notable gainers among… Story temporarily locked. ShowHide Related Items >><<
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General news
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U.S. Markit flash April PMI data remained robust »
09:55 04/23/21 04/2309:55 04/23/2109:55
$ECON
Economic Data
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On The Fly
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Imax upgrade, Harley-Davidson downgrade among today's top calls on Wall Street »
09:51 04/23/21 04/2309:51 04/23/2109:51
IMAX
Imax
Harley-Davidson
Kraft Heinz
Spotify
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Glass Lewis recommends TEGNA shareholders vote for director nominees »
09:49 04/23/21 04/2309:49 04/23/2109:49
TGNA
Tegna
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General news
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April PMI flash services index 63.1, consensus 60.7
09:48 04/23/21 04/2309:48 04/23/2109:48
$ECON
Economic Data
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General news
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April PMI flash manufacturing index 60.6, consensus 60.0
09:48 04/23/21 04/2309:48 04/23/2109:48
$ECON
Economic Data
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General news
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April PMI flash composite index 62.2, consensus 59.5
09:48 04/23/21 04/2309:48 04/23/2109:48
$ECON
Economic Data
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Periodicals
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Google testing local car and auto dealership inventory searches, SEL reports »
09:47 04/23/21 04/2309:47 04/23/2109:47
GOOGL
Alphabet Class A
Alphabet
Carvana
Vroom
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Recommendations
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Piper 'incrementally cautious' on Inovio, says today's selloff appropriate »
09:47 04/23/21 04/2309:47 04/23/2109:47
INO
Inovio
In a research note titled… Story temporarily locked. ShowHide Related Items >><<
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U.S. Xpress Enterprises falls -13.1% »
09:47 04/23/21 04/2309:47 04/23/2109:47
USX
U.S. Xpress Enterprises
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