| Yesterday | ||||
Entertainment Analyst… Entertainment Analyst Hickey holds a conference call with Co-Founder & CEO Locke and CFO Taylor on March 1 at 12 pm hosted by Benchmark. | ||||
Entertainment Analyst… Entertainment Analyst Hickey holds a conference call with Co-Founder & CEO Locke and CFO Taylor on March 1 at 12 pm hosted by Benchmark. | ||||
Analyst Hickey holds a… Analyst Hickey holds a conference call with CFO Taylor on March 1 hosted by Benchmark. | ||||
| Thursday | ||||
Analyst Hickey holds a… Analyst Hickey holds a conference call with CFO Taylor on March 1 hosted by Benchmark. | ||||
B. Riley Securities… B. Riley Securities analyst Zack Silver last night initiated coverage of special purpose acquisition company dMY Technology II with a Buy rating and $27 price target. dMY is merging with Genius Sports Group, a software company that collects and provides the official live sports data that forms the backbone of the global sports betting industry, Silver tells investors in a research note. Rather than speculating on which business-to-consumer platforms will emerge as winners as online sports betting increases in popularity, investing in the company that supplies all of these platforms with their most important input is the more attractive opportunity, says the analyst. He estimates that Genius Sports can grow revenue annually at a 30% over the next three years. | ||||
| Wednesday | ||||
B. Riley Securities… B. Riley Securities initiated coverage of dMY Technology II with a Buy rating and $27 price target. | ||||
The Malaysian Football… The Malaysian Football League has formed a new live data and integrity partnership with Genius Sports Group. GSG will power the MFL's first live data collection and distribution platform. Live match statistics will provide new levels of insight to Malaysian football fans across an automated social media publisher service, live widgets and the MFL's other media platforms. Across every CIMB Liga Super game and the knockout stages of the Piala Malaysia, GSG has agreed that its accredited statisticians will operate Football LiveStats to capture advanced team and player statistics including shot locations, assists and cards with detailed explanations. The MFL has also launched a new integrity program to safeguard its competitions from the threats of match-fixing and betting-related corruption. GSG's Bet Monitoring System, in-person workshops and an audit service will provide the MFL with tools to identify, prevent and combat any threats to the transparency and fairness of their games. | ||||
| Over a week ago | ||||
Entertainment Analyst… Entertainment Analyst Hickey holds a conference call with Co-Founder & CEO Locke and CFO Taylor on March 1 at 12 pm hosted by Benchmark. | ||||
Catch up on today's… Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Home Point Capital (HMPT) initiated with an Outperform at Wedbush, Credit Suisse and JMP Securities, initiated with an Overweight at Piper Sandler, JPMorgan and Wells Fargo, initiated with an Equal Weight at Morgan Stanley and initiated with a Neutral at Goldman Sachs. 2. Qualtrics (XM) initiated with an Outperform at Oppenheimer, JMP Securities and Raymond James, initiated with a Buy at Citi, Truist and Canaccord, initiated with a Market Perform at BMO Capital, initiated with a Neutral at Goldman Sachs and Piper Sandler, initiated with an Equal Weight at Barclays and Morgan Stanley, initiated with an In Line at Evercore ISI and initiated with a Hold at Loop Capital. 3. SAP (SAP) reinstated with an In Line at Evercore ISI. 4. dMY Technology II (DMYD) initiated with a Buy at Benchmark. 5. LightPath (LPTH) initiated with a Buy at H.C. Wainwright. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here. | ||||
Benchmark analyst Mike… Benchmark analyst Mike Hickey initiated coverage of dMY Technology II (DMYD) with a Buy rating and $30 price target. The SPAC is in the process of acquiring Genius Sports Group (GENI), a provider of official sports data and technology for the sports, betting and media ecosystem, and Hickey sees Genius' leadership in sports data driving "financial growth in lock-step with the rapidly expanding global sports betting market," he tells investors. | ||||