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On The Fly
Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations » 10:05
05/09/23
05/09
10:05
05/09/23
10:05
IR

Ingersoll-Rand

$58.80 /

-0.16 (-0.27%)

, TREX

Trex Company

$60.00 /

+3.59 (+6.36%)

, SHLS

Shoals Technologies

$23.10 /

+3.375 (+17.11%)

, NEO

NeoGenomics

$17.20 /

+1.805 (+11.72%)

, FERG

Ferguson

$143.09 /

+2.27 (+1.61%)

, PYPL

PayPal

$67.53 /

-8.015 (-10.61%)

, SHOP

Shopify

$62.66 /

-1.735 (-2.69%)

, SWKS

Skyworks

$99.99 /

-5.17 (-4.92%)

, NBR

Nabors Industries

$96.00 /

+0.55 (+0.58%)

, RDN

Radian Group

$24.66 /

-0.195 (-0.78%)

, FDS

FactSet

$400.85 /

-1.64 (-0.41%)

, MSCI

MSCI

$472.00 /

-1.385 (-0.29%)

, MCO

Moody's

$305.83 /

-0.19 (-0.06%)

, SPGI

S&P Global

$357.30 /

+2.02 (+0.57%)

, ALKT

Alkami

$12.21 /

-0.13 (-1.05%)

The most talked about and…

ShowHide Related Items >><<
TREX Trex Company
$60.00 /

+3.59 (+6.36%)

SWKS Skyworks
$99.99 /

-5.17 (-4.92%)

SPGI S&P Global
$357.30 /

+2.02 (+0.57%)

SHOP Shopify
$62.66 /

-1.735 (-2.69%)

SHLS Shoals Technologies
$23.10 /

+3.375 (+17.11%)

RDN Radian Group
$24.66 /

-0.195 (-0.78%)

PYPL PayPal
$67.53 /

-8.015 (-10.61%)

NEO NeoGenomics
$17.20 /

+1.805 (+11.72%)

NBR Nabors Industries
$96.00 /

+0.55 (+0.58%)

MSCI MSCI
$472.00 /

-1.385 (-0.29%)

MCO Moody's
$305.83 /

-0.19 (-0.06%)

IR Ingersoll-Rand
$58.80 /

-0.16 (-0.27%)

FERG Ferguson
$143.09 /

+2.27 (+1.61%)

FDS FactSet
$400.85 /

-1.64 (-0.41%)

ALKT Alkami
$12.21 /

-0.13 (-1.05%)

IR Ingersoll-Rand
$58.80 /

-0.16 (-0.27%)

05/09/23 Evercore ISI
Evercore upgrades Ingersoll-Rand to Outperform, recommends ITW pair trade
05/09/23 Evercore ISI
Ingersoll-Rand upgraded to Outperform from In Line at Evercore ISI
05/05/23 Barclays
Ingersoll-Rand price target raised to $65 from $64 at Barclays
05/05/23 Baird
Ingersoll-Rand price target raised to $66 from $62 at Baird
TREX Trex Company
$60.00 /

+3.59 (+6.36%)

05/09/23 Deutsche Bank
Trex Company price target raised to $72 from $71 at Deutsche Bank
05/09/23 BMO Capital
Trex Company price target raised to $62 from $58 at BMO Capital
05/09/23 DA Davidson
Trex Company price target raised to $58 from $48 at DA Davidson
05/09/23 Loop Capital
Trex Company price target raised to $65 from $64 at Loop Capital
SHLS Shoals Technologies
$23.10 /

+3.375 (+17.11%)

05/09/23 Truist
Shoals Technologies price target raised to $35 from $32 at Truist
05/09/23 Cantor Fitzgerald
Shoals Technologies price target lowered to $27 from $30 at Cantor Fitzgerald
05/09/23 Northland
Shoals Technologies upgraded to Outperform from Market Perform at Northland
05/09/23 Guggenheim
Guggenheim upgrades Shoals Technologies to Buy after Q1 beat
NEO NeoGenomics
$17.20 /

+1.805 (+11.72%)

05/09/23 TD Cowen
NeoGenomics price target raised to $22 from $20 at TD Cowen
05/09/23 BTIG
NeoGenomics upgraded to Buy from Neutral at BTIG
04/11/23 BofA
NeoGenomics price target lowered to $17 from $18 at BofA
03/03/23 Piper Sandler
NeoGenomics price target raised to $20 from $18 at Piper Sandler
FERG Ferguson
$143.09 /

+2.27 (+1.61%)

05/09/23 Jefferies
Ferguson assumed with Buy from Hold at Jefferies
05/04/23 UBS
Ferguson initiated with a Buy at UBS
03/20/23 JPMorgan
Ferguson initiated with an Overweight at JPMorgan
03/13/23 Societe Generale
Ferguson downgraded to Hold at Societe Generale as coverage transferred
PYPL PayPal
$67.53 /

-8.015 (-10.61%)

05/09/23 Bernstein
PayPal price target lowered to $85 from $90 at Bernstein
05/09/23 Credit Suisse
Credit Suisse downgrades PayPal on 2023 margin pressures
05/09/23 Credit Suisse
PayPal downgraded to Neutral from Outperform at Credit Suisse
05/09/23 Needham
PayPal topline pressured by tough macro environment, says Needham
SHOP Shopify
$62.66 /

-1.735 (-2.69%)

05/09/23 Loop Capital
Shopify price target raised to $69 from $60 at Loop Capital
05/09/23 DZ Bank
Shopify downgraded to Sell from Hold at DZ Bank
05/09/23 Atlantic Equities
Shopify downgraded to Neutral from Overweight at Atlantic Equities
05/08/23 Piper Sandler
Shopify price target raised to $50 from $45 at Piper Sandler
SWKS Skyworks
$99.99 /

-5.17 (-4.92%)

05/09/23 Craig-Hallum
Skyworks price target lowered to $125 from $130 at Craig-Hallum
05/09/23 Needham
Skyworks price target lowered to $130 from $140 at Needham
05/09/23 UBS
Skyworks price target lowered to $105 from $110 at UBS
05/09/23 Piper Sandler
Skyworks price target lowered to $107 from $120 at Piper Sandler
NBR Nabors Industries
$96.00 /

+0.55 (+0.58%)

05/09/23 Barclays
Barclays downgrades Nabors Industries on reduced rig counts
05/09/23 Barclays
Nabors Industries downgraded to Equal Weight from Overweight at Barclays
04/26/23 RBC Capital
Nabors Industries price target lowered to $176 from $195 at RBC Capital
04/26/23 Susquehanna
Nabors Industries price target lowered to $110 from $135 at Susquehanna
RDN Radian Group
$24.66 /

-0.195 (-0.78%)

05/09/23 BofA
Radian Group downgraded to Underperform from Buy at BofA
04/11/23 Compass Point
Radian Group upgraded to Buy from Neutral at Compass Point
04/11/23 Compass Point
MGIC Investment upgraded to Buy from Neutral at Compass Point
04/11/23 Compass Point
Radian Group upgraded to Buy from Neutral at Compass Point
FDS FactSet
$400.85 /

-1.64 (-0.41%)

05/09/23 Wells Fargo
FactSet initiated with an Equal Weight at Wells Fargo
03/28/23 Redburn
FactSet upgraded to Neutral at Redburn following underperformance
03/28/23 Redburn
FactSet upgraded to Neutral from Sell at Redburn
03/24/23 Deutsche Bank
FactSet price target lowered to $454 from $477 at Deutsche Bank
MSCI MSCI
$472.00 /

-1.385 (-0.29%)

05/09/23 Wells Fargo
MSCI initiated with an Overweight at Wells Fargo
04/26/23 Deutsche Bank
MSCI price target lowered to $522 from $560 at Deutsche Bank
04/26/23 UBS
MSCI price target lowered to $570 from $611 at UBS
04/04/23 RBC Capital
MSCI Q1 expected in-line, says RBC Capital
MCO Moody's
$305.83 /

-0.19 (-0.06%)

05/09/23 Wells Fargo
Moody's initiated with an Equal Weight at Wells Fargo
04/26/23 UBS
Moody's price target raised to $325 from $308 at UBS
04/06/23 Morgan Stanley
Moody's price target raised to $296 from $293 at Morgan StanleyS&P Global
02/01/23 RBC Capital
Moody's price target raised to $350 from $329 at RBC Capital
SPGI S&P Global
$357.30 /

+2.02 (+0.57%)

05/09/23 Wells Fargo
S&P Global initiated with an Overweight at Wells Fargo
04/28/23 Stifel
S&P Global price target raised to $422 from $407 at Stifel
04/28/23 BMO Capital
S&P Global price target raised to $410 from $404 at BMO Capital
04/28/23 UBS
S&P Global price target raised to $420 from $400 at UBS
ALKT Alkami
$12.21 /

-0.13 (-1.05%)

05/09/23 JPMorgan
Alkami initiated with an Overweight at JPMorgan
04/13/23 Barclays
Alkami price target lowered to $14 from $17 at Barclays
03/23/23 KeyBanc
Alkami price target lowered to $15 from $18 at KeyBanc
02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
TREX Trex Company
$60.00 /

+3.59 (+6.36%)

SWKS Skyworks
$99.99 /

-5.17 (-4.92%)

SPGI S&P Global
$357.30 /

+2.02 (+0.57%)

SHOP Shopify
$62.66 /

-1.735 (-2.69%)

SHLS Shoals Technologies
$23.10 /

+3.375 (+17.11%)

RDN Radian Group
$24.66 /

-0.195 (-0.78%)

PYPL PayPal
$67.53 /

-8.015 (-10.61%)

NEO NeoGenomics
$17.20 /

+1.805 (+11.72%)

NBR Nabors Industries
$96.00 /

+0.55 (+0.58%)

MSCI MSCI
$472.00 /

-1.385 (-0.29%)

MCO Moody's
$305.83 /

-0.19 (-0.06%)

IR Ingersoll-Rand
$58.80 /

-0.16 (-0.27%)

FERG Ferguson
$143.09 /

+2.27 (+1.61%)

FDS FactSet
$400.85 /

-1.64 (-0.41%)

ALKT Alkami
$12.21 /

-0.13 (-1.05%)

  • 08
    Mar
  • 02
    Dec
SHOP Shopify
$62.66 /

-1.735 (-2.69%)

SHLS Shoals Technologies
$23.10 /

+3.375 (+17.11%)

PYPL PayPal
$67.53 /

-8.015 (-10.61%)

MCO Moody's
$305.83 /

-0.19 (-0.06%)

FERG Ferguson
$143.09 /

+2.27 (+1.61%)

TREX Trex Company
$60.00 /

+3.59 (+6.36%)

SWKS Skyworks
$99.99 /

-5.17 (-4.92%)

SHOP Shopify
$62.66 /

-1.735 (-2.69%)

SHLS Shoals Technologies
$23.10 /

+3.375 (+17.11%)

PYPL PayPal
$67.53 /

-8.015 (-10.61%)

NEO NeoGenomics
$17.20 /

+1.805 (+11.72%)

IR Ingersoll-Rand
$58.80 /

-0.16 (-0.27%)

FERG Ferguson
$143.09 /

+2.27 (+1.61%)

FDS FactSet
$400.85 /

-1.64 (-0.41%)

SWKS Skyworks
$99.99 /

-5.17 (-4.92%)

SPGI S&P Global
$357.30 /

+2.02 (+0.57%)

SHOP Shopify
$62.66 /

-1.735 (-2.69%)

SHLS Shoals Technologies
$23.10 /

+3.375 (+17.11%)

PYPL PayPal
$67.53 /

-8.015 (-10.61%)

MCO Moody's
$305.83 /

-0.19 (-0.06%)

Initiation
Alkami initiated with an Overweight at JPMorgan » 05:07
05/09/23
05/09
05:07
05/09/23
05:07
ALKT

Alkami

$12.34 /

+0.07 (+0.57%)

JPMorgan analyst Alexei…

JPMorgan analyst Alexei Gogolev initiated coverage of Alkami with an Overweight rating and $15 price target. Alkami provides white label banking solutions to U.S.-based credit unions and small to mid-size regional banks, allowing them to compete with more technologically advanced and well-resourced competitors, the analyst tells investors in a research note. The firm says Alkami runs a 100% cloud-based, multi-tenant and single code-hosted platform, which ensures substantial advantages versus peers.

ShowHide Related Items >><<
ALKT Alkami
$12.34 /

+0.07 (+0.57%)

ALKT Alkami
$12.34 /

+0.07 (+0.57%)

04/13/23 Barclays
Alkami price target lowered to $14 from $17 at Barclays
03/23/23 KeyBanc
Alkami price target lowered to $15 from $18 at KeyBanc
02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
ALKT Alkami
$12.34 /

+0.07 (+0.57%)

Earnings
Alkami sees FY23 revenue $257M-$261M, consensus $258.28M » 16:42
05/03/23
05/03
16:42
05/03/23
16:42
ALKT

Alkami

$11.36 /

+0.34 (+3.09%)

Sees FY23 adjusted EBITDA…

Sees FY23 adjusted EBITDA loss $3M-$6M.

ShowHide Related Items >><<
ALKT Alkami
$11.36 /

+0.34 (+3.09%)

ALKT Alkami
$11.36 /

+0.34 (+3.09%)

04/13/23 Barclays
Alkami price target lowered to $14 from $17 at Barclays
03/23/23 KeyBanc
Alkami price target lowered to $15 from $18 at KeyBanc
02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
ALKT Alkami
$11.36 /

+0.34 (+3.09%)

Earnings
Alkami sees Q2 revenue $62.5M-$63.5M, consensus $62.94M » 16:40
05/03/23
05/03
16:40
05/03/23
16:40
ALKT

Alkami

$11.36 /

+0.34 (+3.09%)

Sees Q2 adjusted EBITDA…

Sees Q2 adjusted EBITDA loss $3.5M-$4.5M.

ShowHide Related Items >><<
ALKT Alkami
$11.36 /

+0.34 (+3.09%)

ALKT Alkami
$11.36 /

+0.34 (+3.09%)

04/13/23 Barclays
Alkami price target lowered to $14 from $17 at Barclays
03/23/23 KeyBanc
Alkami price target lowered to $15 from $18 at KeyBanc
02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
ALKT Alkami
$11.36 /

+0.34 (+3.09%)

Earnings
Alkami reports Q1 EPS (18c), consensus (6c) » 16:40
05/03/23
05/03
16:40
05/03/23
16:40
ALKT

Alkami

$11.36 /

+0.34 (+3.09%)

Reports Q1 revenue $60M,…

Reports Q1 revenue $60M, consensus $58.79M. Alex Shootman, CEO, said, "In the first quarter, we continued to experience healthy demand for our solutions. We closed an additional six new logos, renewed three clients and delivered another significant quarter of add-on sales. Our existing clients and prospective clients seek to leverage technology and innovation to attract, retain and grow customer relationships as they advance their digital transformation journeys."

ShowHide Related Items >><<
ALKT Alkami
$11.36 /

+0.34 (+3.09%)

ALKT Alkami
$11.36 /

+0.34 (+3.09%)

04/13/23 Barclays
Alkami price target lowered to $14 from $17 at Barclays
03/23/23 KeyBanc
Alkami price target lowered to $15 from $18 at KeyBanc
02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
ALKT Alkami
$11.36 /

+0.34 (+3.09%)

Over a month ago
Recommendations
Alkami price target lowered to $14 from $17 at Barclays » 05:50
04/13/23
04/13
05:50
04/13/23
05:50
ALKT

Alkami

$12.28 /

-0.06 (-0.49%)

Barclays analyst Saket…

Barclays analyst Saket Kalia lowered the firm's price target on Alkami to $14 from $17 and keeps an Equal Weight rating on the shares. The analyst previewed the Q1 results for the on-cycle reporting names in security, design and vertical software-as-a-service. The firm likes Fortinet (FTNT), Varonis Systems (VRNS), Rapid7 (RPD), Gen Digital (GEN) in security.

ShowHide Related Items >><<
ALKT Alkami
$12.28 /

-0.06 (-0.49%)

ALKT Alkami
$12.28 /

-0.06 (-0.49%)

03/23/23 KeyBanc
Alkami price target lowered to $15 from $18 at KeyBanc
02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
09/14/22 Stephens
Alkami initiated with an Overweight at Stephens
ALKT Alkami
$12.28 /

-0.06 (-0.49%)

Conference/Events
Alkami management to meet with KeyBanc » 04:55
03/27/23
03/27
04:55
03/27/23
04:55
ALKT

Alkami

$12.11 /

+0.02 (+0.17%)

Meeting to be held with…

Meeting to be held with CEO Shootman and CFO Hill in the Midwest region on March 27 hosted by KeyBanc.

ShowHide Related Items >><<
ALKT Alkami
$12.11 /

+0.02 (+0.17%)

ALKT Alkami
$12.11 /

+0.02 (+0.17%)

03/23/23 KeyBanc
Alkami price target lowered to $15 from $18 at KeyBanc
02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
09/14/22 Stephens
Alkami initiated with an Overweight at Stephens
ALKT Alkami
$12.11 /

+0.02 (+0.17%)

Recommendations
Alkami price target lowered to $15 from $18 at KeyBanc » 07:14
03/23/23
03/23
07:14
03/23/23
07:14
ALKT

Alkami

$12.04 /

-0.56 (-4.44%)

KeyBanc analyst Josh Beck…

KeyBanc analyst Josh Beck lowered the firm's price target on Alkami to $15 from $18 and keeps an Overweight rating on the shares. The firm also trimmed its estimates conservatively, factoring less in-period digital banking user growth, though it believes the company can still be EBITDA positive exiting 2023. KeyBanc thinks the smaller-end of the banking sector are likely to be relatively insulated as a dramatic re-shuffling of accounts from CUs towards the money-center banks seems like an unlikely outcome at this juncture.

ShowHide Related Items >><<
ALKT Alkami
$12.04 /

-0.56 (-4.44%)

ALKT Alkami
$12.04 /

-0.56 (-4.44%)

02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
09/14/22 Stephens
Alkami initiated with an Overweight at Stephens
08/04/22 Barclays
Alkami price target raised to $16 from $15 at Barclays
ALKT Alkami
$12.04 /

-0.56 (-4.44%)

Conference/Events
Alkami management to meet with KeyBanc » 13:53
03/20/23
03/20
13:53
03/20/23
13:53
ALKT

Alkami

$11.82 /

-0.48 (-3.90%)

Meeting to be held with…

Meeting to be held with CEO Shootman and CFO Hill in the Midwest region on March 27 hosted by KeyBanc.

ShowHide Related Items >><<
ALKT Alkami
$11.82 /

-0.48 (-3.90%)

ALKT Alkami
$11.82 /

-0.48 (-3.90%)

02/24/23 Citi
Alkami price target raised to $22 from $18 at Citi
09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
09/14/22 Stephens
Alkami initiated with an Overweight at Stephens
08/04/22 Barclays
Alkami price target raised to $16 from $15 at Barclays
ALKT Alkami
$11.82 /

-0.48 (-3.90%)

Over a quarter ago
Recommendations
Alkami price target raised to $22 from $18 at Citi » 06:52
02/24/23
02/24
06:52
02/24/23
06:52
ALKT

Alkami

$15.89 /

+0.25 (+1.60%)

Citi raised the…

Citi raised the firm's price target on Alkami to $22 from $18 and keeps a Buy rating on the shares. The company's Q4 results and forward outlook illustrated good execution and demand, the analyst tells investors in a research note. The firm likes Alkami's revenue growth visibility in an uncertain environment.

ShowHide Related Items >><<
ALKT Alkami
$15.89 /

+0.25 (+1.60%)

ALKT Alkami
$15.89 /

+0.25 (+1.60%)

09/27/22 Citi
Alkami trends bode well for Q3 bookings, says Citi
09/14/22 Stephens
Alkami initiated with an Overweight at Stephens
08/04/22 Barclays
Alkami price target raised to $16 from $15 at Barclays
06/21/22 Citi
Alkami price target lowered to $18 from $32 at Citi
ALKT Alkami
$15.89 /

+0.25 (+1.60%)

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