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Recommendations
Aaron's selected as one of Loop Capital's Top Picks for 2021 » 09:14
01/04/21
01/04
09:14
01/04/21
09:14
AAN

Aaron's

$19.01 /

+0.89 (+4.91%)

Loop Capital analyst…

Loop Capital analyst Anthony Chukumba names Aaron's as one of Loop Capital's Top Picks for 2021, also keeping his Buy rating and $30 price target on the stock. Investors had "thrown out the baby with the bathwater", the analyst tells investors in a research note, selling the stock and resulting in one of the lowest valuations in his entire coverage universe. Aaron's should to continue to benefit from strong collections and low write-offs in 2021, Chukumba adds.

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AAN Aaron's
$19.01 /

+0.89 (+4.91%)

AAN Aaron's
$19.01 /

+0.89 (+4.91%)

12/14/20
Fly Intel: Top five analyst initiations
12/14/20 Berenberg
Aaron's initiated with a Buy at Berenberg
12/02/20 Raymond James
Raymond James maintains Buy rating on PROG following spinout
12/02/20 Raymond James
Aaron's initiated with a Market Perform at Raymond James
AAN Aaron's
$19.01 /

+0.89 (+4.91%)

AAN Aaron's
$19.01 /

+0.89 (+4.91%)

AAN Aaron's
$19.01 /

+0.89 (+4.91%)

Recommendations
Rent-A-Center price target raised to $45 from $38 at Raymond James » 07:42
12/22/20
12/22
07:42
12/22/20
07:42
RCII

Rent-A-Center

$39.26 /

+3.76 (+10.59%)

, PRG

PROG Holdings

$57.56 /

+0.57 (+1.00%)

Raymond James analyst…

Raymond James analyst Bobby Griffin raised the firm's price target on Rent-A-Center (RCII) to $45 from $38 and keeps a Strong Buy rating on the shares following Rent-A-Center's announced acquisition of Acima Holdings. Griffin says the initial strategic and financial takeaways from the acquisition are very favorable for Rent-A-Center's future growth prospects, as the deal will substantially increase Rent-A-Center's retail partner base, product verticals, and virtual lease to own capabilities, making it a formidable peer to industry leader Progressive Leasing (PRG).

ShowHide Related Items >><<
RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

PRG PROG Holdings
$57.56 /

+0.57 (+1.00%)

RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

12/22/20 Loop Capital
Rent-A-Center upgraded at Loop Capital on 'game changing' acquisition
12/22/20 Stephens
Rent-A-Center price target raised to $52 from $45 at Stephens
12/22/20 Loop Capital
Rent-A-Center upgraded to Buy from Hold at Loop Capital
12/02/20 Truist
Aaron's downgraded to Hold from Buy at Truist
PRG PROG Holdings
$57.56 /

+0.57 (+1.00%)

12/14/20 Berenberg
Aaron's initiated with a Buy at Berenberg
12/09/20 Loop Capital
PROG Holdings initiated with a Buy at Loop Capital
12/02/20 Raymond James
Raymond James maintains Buy rating on PROG following spinout
RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

PRG PROG Holdings
$57.56 /

+0.57 (+1.00%)

Recommendations
Rent-A-Center price target raised to $52 from $45 at Stephens » 06:35
12/22/20
12/22
06:35
12/22/20
06:35
RCII

Rent-A-Center

$39.26 /

+3.76 (+10.59%)

, PRG

PROG Holdings

$57.56 /

+0.57 (+1.00%)

Stephens analyst Vincent…

Stephens analyst Vincent Caintic raised the firm's price target on Rent-A-Center (RCII) to $52 from $45 and keeps an Overweight rating on the shares, stating that he is "incrementally positive" on the stock following the company's acquisition of Acima, which he said "leapfrogs Rent A Center to a direct competitor" against PROG Holdings' (PRG) Progressive. Stating that Rent-A-Center's point of sale offering "should now be on-par" with Progressive, and that the company may now better Progressive in some critical areas such as e-commerce and mobile, Caintic added that the Acima deal make him more cautious on PROG Holdings.

ShowHide Related Items >><<
RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

PRG PROG Holdings
$57.56 /

+0.57 (+1.00%)

RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

12/22/20 Loop Capital
Rent-A-Center upgraded to Buy from Hold at Loop Capital
12/02/20 Truist
Aaron's downgraded to Hold from Buy at Truist
10/12/20 Loop Capital
Rent-A-Center downgraded to Hold from Buy at Loop Capital
09/22/20 Loop Capital
Rent-A-Center Q3 guidance impressive amid receding tailwinds, says Loop Capital
PRG PROG Holdings
$57.56 /

+0.57 (+1.00%)

12/14/20 Berenberg
Aaron's initiated with a Buy at Berenberg
12/09/20 Loop Capital
PROG Holdings initiated with a Buy at Loop Capital
12/02/20 Raymond James
Raymond James maintains Buy rating on PROG following spinout
12/02/20 Truist
PROG Holdings assumed with a Buy at Truist
RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

RCII Rent-A-Center
$39.26 /

+3.76 (+10.59%)

PRG PROG Holdings
$57.56 /

+0.57 (+1.00%)

Over a month ago
Initiation
Fly Intel: Top five analyst initiations » 10:03
12/14/20
12/14
10:03
12/14/20
10:03
VERB

Verb Technology

$1.45 /

+0.075 (+5.45%)

, AAN

Aaron's

$17.97 /

+0.255 (+1.44%)

, RKT

Rocket Companies

$21.77 /

+0.915 (+4.39%)

, ALT

Altimmune

$13.11 /

+1.125 (+9.39%)

, XPEV

Xpeng

$44.61 /

+0.4401 (+1.00%)

, LI

Li Auto

$30.90 /

-0.48 (-1.53%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Verb Technology (VERB) initiated with a Buy at Ladenburg. 2. Aaron's (AAN) initiated with a Buy at Berenberg. 3. Rocket Companies (RKT) initiated with a Buy at Jefferies. 4. Altimmune (ALT) initiated with a Buy at Jefferies. 5. NIO Inc. (NIO) and Xpeng (XPEV)initiated with a Buy, while Li Auto (LI) initiated with a Neutral at Daiwa. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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XPEV Xpeng
$44.61 /

+0.4401 (+1.00%)

VERB Verb Technology
$1.45 /

+0.075 (+5.45%)

RKT Rocket Companies
$21.77 /

+0.915 (+4.39%)

LI Li Auto
$30.90 /

-0.48 (-1.53%)

ALT Altimmune
$13.11 /

+1.125 (+9.39%)

AAN Aaron's
$17.97 /

+0.255 (+1.44%)

VERB Verb Technology
$1.45 /

+0.075 (+5.45%)

12/14/20 Ladenburg
Verb Technology initiated with a Buy at Ladenburg
07/13/20 Alliance Global Partners
Alliance Global Partners keeps a Buy rating on VERB after preliminary results
AAN Aaron's
$17.97 /

+0.255 (+1.44%)

12/14/20 Berenberg
Aaron's initiated with a Buy at Berenberg
12/02/20 Raymond James
Raymond James maintains Buy rating on PROG following spinout
12/02/20 Raymond James
Aaron's initiated with a Market Perform at Raymond James
12/02/20 Truist
Aaron's downgraded to Hold from Buy at Truist
RKT Rocket Companies
$21.77 /

+0.915 (+4.39%)

12/14/20 Jefferies
Rocket Companies initiated with a Buy at Jefferies
11/11/20 Wells Fargo
Rocket Companies price target lowered to $24 from $29 at Wells Fargo
11/06/20 Wolfe Research
Rocket Companies initiated with an Outperform at Wolfe Research
10/12/20 Keefe Bruyette
Rocket Companies initiated with a Market Perform at Keefe Bruyette
ALT Altimmune
$13.11 /

+1.125 (+9.39%)

12/14/20 Jefferies
Altimmune initiated with a Buy at Jefferies
11/25/20 Piper Sandler
Phase 1 safety/immunogenicity to set Altimmune AdCOVID apart, says Piper Sandler
11/24/20 Piper Sandler
Astra vaccine results 'de-risking' for Altimmune, says Piper Sandler
11/12/20 B. Riley Securities
Altimmune selloff on vaccine news overblown, says B. Riley Securities
XPEV Xpeng
$44.61 /

+0.4401 (+1.00%)

12/14/20 Daiwa
Xpeng initiated with a Sell at Daiwa
12/14/20 Deutsche Bank
Deutsche starts Xpeng at Buy, sees multiple electric vehicle winners
12/14/20 Deutsche Bank
Xpeng initiated with a Buy at Deutsche Bank
12/02/20 UBS
UBS downgrades Xpeng to Neutral, raises price target to $59
LI Li Auto
$30.90 /

-0.48 (-1.53%)

12/14/20 Daiwa
Li Auto initiated with a Neutral at Daiwa
12/01/20 Goldman Sachs
Li Auto price target raised to $60 from $20.60 at Goldman Sachs
11/16/20
Fly Intel: Top five analyst upgrades
XPEV Xpeng
$44.61 /

+0.4401 (+1.00%)

VERB Verb Technology
$1.45 /

+0.075 (+5.45%)

RKT Rocket Companies
$21.77 /

+0.915 (+4.39%)

LI Li Auto
$30.90 /

-0.48 (-1.53%)

AAN Aaron's
$17.97 /

+0.255 (+1.44%)

  • 09
    Dec
  • 04
    Dec
  • 27
    Aug
  • 06
    Aug
  • 30
    Jul
  • 22
    Jul
  • 14
    Jul
  • 07
    Jul
XPEV Xpeng
$44.61 /

+0.4401 (+1.00%)

RKT Rocket Companies
$21.77 /

+0.915 (+4.39%)

LI Li Auto
$30.90 /

-0.48 (-1.53%)

XPEV Xpeng
$44.61 /

+0.4401 (+1.00%)

RKT Rocket Companies
$21.77 /

+0.915 (+4.39%)

LI Li Auto
$30.90 /

-0.48 (-1.53%)

ALT Altimmune
$13.11 /

+1.125 (+9.39%)

AAN Aaron's
$17.97 /

+0.255 (+1.44%)

XPEV Xpeng
$44.61 /

+0.4401 (+1.00%)

RKT Rocket Companies
$21.77 /

+0.915 (+4.39%)

LI Li Auto
$30.90 /

-0.48 (-1.53%)

ALT Altimmune
$13.11 /

+1.125 (+9.39%)

AAN Aaron's
$17.97 /

+0.255 (+1.44%)

Initiation
Aaron's initiated with a Buy at Berenberg » 07:49
12/14/20
12/14
07:49
12/14/20
07:49
AAN

Aaron's

$17.72 /

+0.095 (+0.54%)

, PRG

PROG Holdings

$51.95 /

-0.315 (-0.60%)

On Friday, Berenberg…

On Friday, Berenberg analyst Alex Maroccia initiated coverage of the "new" Aaron's (AAN) - which is now a pure-play lease-to-own retailer - with a Buy rating and $26 price target following its separation from virtual rent-to-own solutions provider PROG Holdings (PRG), the parent company of Progressive Leasing. On a standalone basis, he thinks the potential upside from the restructuring of Aaron's is not currently reflected in the company's valuation.

ShowHide Related Items >><<
PRG PROG Holdings
$51.95 /

-0.315 (-0.60%)

AAN Aaron's
$17.72 /

+0.095 (+0.54%)

AAN Aaron's
$17.72 /

+0.095 (+0.54%)

12/02/20 Raymond James
Raymond James maintains Buy rating on PROG following spinout
12/02/20 Raymond James
Aaron's initiated with a Market Perform at Raymond James
12/02/20 Truist
Aaron's downgraded to Hold from Buy at Truist
12/02/20 BofA
BofA starts Aaron's post-spinoff at Neutral with $20 price target
PRG PROG Holdings
$51.95 /

-0.315 (-0.60%)

12/09/20 Loop Capital
PROG Holdings initiated with a Buy at Loop Capital
12/02/20 Truist
PROG Holdings assumed with a Buy at Truist
AAN Aaron's
$17.72 /

+0.095 (+0.54%)

AAN Aaron's
$17.72 /

+0.095 (+0.54%)

AAN Aaron's
$17.72 /

+0.095 (+0.54%)

Options
Nine new option listings on December 9th » 08:30
12/09/20
12/09
08:30
12/09/20
08:30
AAN

Aaron's

$17.23 /

-0.785 (-4.36%)

, BDTX

Black Diamond Therapeutics

$34.13 /

+0.15 (+0.44%)

, INAQ

INSU Acquisition Corp. II

$12.66 /

+0.17 (+1.36%)

, MRVI

Maravai Lifesciences

$25.60 /

-1.28 (-4.76%)

, NESR

National Energy Services

$9.75 /

+0.21 (+2.20%)

, OAS

Oasis Petroleum

$39.29 /

+0.22 (+0.56%)

, OZON

Ozon

$48.05 /

+1.99 (+4.32%)

, PASG

Passage Bio

$27.36 /

+3.28 (+13.62%)

New option listings for…

New option listings for December 9th include Aaron's (AAN), Black Diamond Therapeutics Inc (BDTX), INSU Acquisition Corporation II (Class A Stock) (INAQ), Maravai LifeSciences Holdings Inc (Class A Stock) (MRVI), National Energy Services Reunited Corporation (NESR), Oasis Petroleum Inc (OAS), Ozon Holdings PLC (ADS) (OZON), Passage Bio Inc (PASG), and Virtus Infracap US Preferred Stock ETF (PFFA).

ShowHide Related Items >><<
PASG Passage Bio
$27.36 /

+3.28 (+13.62%)

OAS Oasis Petroleum
$39.29 /

+0.22 (+0.56%)

NESR National Energy Services
$9.75 /

+0.21 (+2.20%)

MRVI Maravai Lifesciences
$25.60 /

-1.28 (-4.76%)

INAQ INSU Acquisition Corp. II
$12.66 /

+0.17 (+1.36%)

BDTX Black Diamond Therapeutics
$34.13 /

+0.15 (+0.44%)

AAN Aaron's
$17.23 /

-0.785 (-4.36%)

AAN Aaron's
$17.23 /

-0.785 (-4.36%)

12/02/20 Raymond James
Raymond James maintains Buy rating on PROG following spinout
12/02/20 Raymond James
Aaron's initiated with a Market Perform at Raymond James
12/02/20 Truist
Aaron's downgraded to Hold from Buy at Truist
12/02/20 BofA
BofA starts Aaron's post-spinoff at Neutral with $20 price target
BDTX Black Diamond Therapeutics
$34.13 /

+0.15 (+0.44%)

11/24/20 Berenberg
Black Diamond Therapeutics initiated with a Buy at Berenberg
09/14/20 Jefferies
Inhibrx initiated with a Buy at Jefferies
05/04/20 H.C. Wainwright
Black Diamond Therapeutics initiated with a Buy at H.C. Wainwright
02/24/20 Canaccord
Black Diamond Therapeutics initiated with a Buy at Canaccord
INAQ INSU Acquisition Corp. II
$12.66 /

+0.17 (+1.36%)

MRVI Maravai Lifesciences
$25.60 /

-1.28 (-4.76%)

NESR National Energy Services
$9.75 /

+0.21 (+2.20%)

03/04/20 Barclays
National Energy Services price target raised to $18 from $13 at Barclays
01/13/20
Fly Intel: Top five analyst initiations
01/13/20 Barclays
Barclays starts National Energy Services with Overweight, $13 price target
01/13/20 Barclays
National Energy Services initiated with an Overweight at Barclays
OAS Oasis Petroleum
$39.29 /

+0.22 (+0.56%)

12/04/20 Wells Fargo
Oasis Petroleum upgraded to Overweight from Equal Weight at Wells Fargo
08/06/20 MKM Partners
Oasis Petroleum downgraded to Neutral from Buy at MKM Partners
08/06/20 MKM Partners
Oasis Petroleum downgraded to Neutral from Buy at MKM Partners
06/09/20 Citi
Oasis Petroleum downgraded to Sell from Neutral at Citi
OZON Ozon
$48.05 /

+1.99 (+4.32%)

PASG Passage Bio
$27.36 /

+3.28 (+13.62%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 JPMorgan
Passage Bio downgraded to Neutral after clinical hold at JPMorgan
08/14/20 JPMorgan
Passage Bio downgraded to Neutral from Overweight at JPMorgan
08/13/20 Chardan
Passage Bio recent weakness a buying opportunity, says Chardan
PASG Passage Bio
$27.36 /

+3.28 (+13.62%)

NESR National Energy Services
$9.75 /

+0.21 (+2.20%)

BDTX Black Diamond Therapeutics
$34.13 /

+0.15 (+0.44%)

AAN Aaron's
$17.23 /

-0.785 (-4.36%)

  • 24
    Nov
  • 20
    Nov
  • 28
    Feb
  • 30
    Jan
OAS Oasis Petroleum
$39.29 /

+0.22 (+0.56%)

OZON Ozon
$48.05 /

+1.99 (+4.32%)

OAS Oasis Petroleum
$39.29 /

+0.22 (+0.56%)

MRVI Maravai Lifesciences
$25.60 /

-1.28 (-4.76%)

AAN Aaron's
$17.23 /

-0.785 (-4.36%)

OAS Oasis Petroleum
$39.29 /

+0.22 (+0.56%)

AAN Aaron's
$17.23 /

-0.785 (-4.36%)

Initiation
PROG Holdings initiated with a Buy at Loop Capital » 06:48
12/09/20
12/09
06:48
12/09/20
06:48
PRG

PROG Holdings

$55.48 /

-1.73 (-3.02%)

Loop Capital analyst…

Loop Capital analyst Anthony Chukumba initiated coverage of PROG Holdings with a Buy rating and $80 price target. The analyst claims that the company operates in a large total addressable market and faces little competition for national retail partners. Chukumba also contends that Progressive can generate further top-line growth by "fully integrating" its platform with its existing retail partners' e-commerce channels, and also by directly marketing to its customers.

ShowHide Related Items >><<
PRG PROG Holdings
$55.48 /

-1.73 (-3.02%)

PRG PROG Holdings
$55.48 /

-1.73 (-3.02%)

12/02/20 Raymond James
Raymond James maintains Buy rating on PROG following spinout
12/02/20 Truist
PROG Holdings assumed with a Buy at Truist
12/02/20 BofA
BofA starts Aaron's post-spinoff at Neutral with $20 price target
12/02/20 KeyBanc
PROG Holdings initiated with an Overweight at KeyBanc
PRG PROG Holdings
$55.48 /

-1.73 (-3.02%)

Recommendations
Raymond James maintains Buy rating on PROG following spinout » 08:42
12/02/20
12/02
08:42
12/02/20
08:42
PRG

PROG Holdings

$57.50 /

+4.3 (+8.08%)

, AAN

Aaron's

$18.31 /

-2.44 (-11.76%)

Raymond James analyst…

Raymond James analyst Bobby Griffin continued coverage of PROG Holdings (PRG) with an Outperform rating, but lowered the firm's price target to $63 from $68, after Aaron's (AAN) completed the spinout of the core Aaron's business, leaving the Progressive & Vive business units. Griffin says the virtual lease to own industry is an attractive industry, with a large addressable market that creates a multiyear growth opportunity, and sees the potential for tighter consumer credit conditions.

ShowHide Related Items >><<
PRG PROG Holdings
$57.50 /

+4.3 (+8.08%)

AAN Aaron's
$18.31 /

-2.44 (-11.76%)

PRG PROG Holdings
$57.50 /

+4.3 (+8.08%)

12/02/20 Truist
PROG Holdings assumed with a Buy at Truist
12/02/20 BofA
BofA starts Aaron's post-spinoff at Neutral with $20 price target
12/02/20 KeyBanc
PROG Holdings initiated with an Overweight at KeyBanc
12/02/20 Truist
PROG Holdings assumed with a Buy at Truist
AAN Aaron's
$18.31 /

-2.44 (-11.76%)

12/02/20 Raymond James
Aaron's initiated with a Market Perform at Raymond James
12/02/20 Truist
Aaron's downgraded to Hold from Buy at Truist
12/02/20 KeyBanc
Aaron's initiated with a Sector Weight at KeyBanc
AAN Aaron's
$18.31 /

-2.44 (-11.76%)

AAN Aaron's
$18.31 /

-2.44 (-11.76%)

PRG PROG Holdings
$57.50 /

+4.3 (+8.08%)

Initiation
Aaron's initiated with a Market Perform at Raymond James » 08:34
12/02/20
12/02
08:34
12/02/20
08:34
AAN

Aaron's

$18.31 /

-2.44 (-11.76%)

Raymond James analyst…

Raymond James analyst Bobby Griffin initiated coverage of Aaron's with a Market Perform rating after the company completed the spinout of the core Aaron's business. Griffin thinks the real estate optimization should enable further efficiency gains, coupled with consistent cash flow generation, but feels "shrink to grow" stories are tough stocks to recommend, particularly during the initial phase of revenue declines.

ShowHide Related Items >><<
AAN Aaron's
$18.31 /

-2.44 (-11.76%)

AAN Aaron's
$18.31 /

-2.44 (-11.76%)

12/02/20 Truist
Aaron's downgraded to Hold from Buy at Truist
12/02/20 BofA
BofA starts Aaron's post-spinoff at Neutral with $20 price target
12/02/20 KeyBanc
Aaron's initiated with a Sector Weight at KeyBanc
12/02/20 BofA
The Aaron's Company initiated with a Neutral at BofA
AAN Aaron's
$18.31 /

-2.44 (-11.76%)

AAN Aaron's
$18.31 /

-2.44 (-11.76%)

AAN Aaron's
$18.31 /

-2.44 (-11.76%)

Initiation
PROG Holdings assumed with a Buy at Truist » 07:24
12/02/20
12/02
07:24
12/02/20
07:24
PRG

PROG Holdings

$57.50 /

+4.3 (+8.08%)

Truist analyst Bill…

Truist analyst Bill Chappell assumed coverage of PROG Holdings (PRG) with a Buy rating and $65 price target. The analyst notes that following its spin-off from Aaron's (AAN), the company will continue to see positive top line momentum as it improves penetration at existing retail partners and adds more new partners. Chappell adds that PROG Holdings should benefit from its ability to add more consumers in the mid-tier of the credit stack as other competitors move higher in the stack or exit the market.

ShowHide Related Items >><<
PRG PROG Holdings
$57.50 /

+4.3 (+8.08%)

PRG PROG Holdings
$57.50 /

+4.3 (+8.08%)

12/02/20 BofA
BofA starts Aaron's post-spinoff at Neutral with $20 price target
12/02/20 KeyBanc
PROG Holdings initiated with an Overweight at KeyBanc
12/02/20 Truist
PROG Holdings assumed with a Buy at Truist
12/01/20
Fly Intel: Top five analyst initiations
PRG PROG Holdings
$57.50 /

+4.3 (+8.08%)

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