Breaking News

Monday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Initiation
Fly Intel: Top five analyst initiations » 09:52
11/22/21
11/22
09:52
11/22/21
09:52
GFS

GlobalFoundries

$66.50 /

+4.6 (+7.43%)

, DTC

Solo Brands

$17.78 /

+0.38 (+2.18%)

, RENT

Rent The Runway

$18.00 /

+1.71 (+10.50%)

, RDBX

Redbox

$13.70 /

+0.65 (+4.98%)

, BIRD

Allbirds

$24.00 /

-0.47 (-1.92%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. GlobalFoundries (GFS) initiated with a Buy at Citi, Needham, Deutsche Bank, Jefferies, and BofA, initiated with an Outperform at Baird, Credit Suisse, Cowen, Raymond James, and Wedbush and initiated with an Equal Weight at Morgan Stanley. 2. Solo Brands (DTC) initiated with a Buy at BofA and Jefferies, initiated with an Overweight at JPMorgan, initiated with an Outperform at Credit Suisse and William Blair and initiated with a Neutral at Citi. 3. Rent The Runway (RENT) initiated with a Buy at Goldman Sachs, initiated with an Overweight at Barclays, Piper Sandler, Wells Fargo, KeyBanc, and Morgan Stanley, initiated with an Outperform at Credit Suisse, JMP Securities and Telsey Advisory. 4. Redbox (RDBX) initiated with a Buy at BTIG. 5. Allbirds (BIRD) initiated with a Hold on valuation at Berenberg. 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 >><<
RDBX Redbox
$13.70 /

+0.65 (+4.98%)

GFS GlobalFoundries
$66.50 /

+4.6 (+7.43%)

GFS GlobalFoundries
$66.50 /

+4.6 (+7.43%)

11/22/21 HSBC
GlobalFoundries initiated with a Hold at HSBC
11/22/21 BofA
BofA starts GlobalFoundries at Buy, sees 40% upside potential
11/22/21 JPMorgan
GlobalFoundries initiated with an Overweight at JPMorgan
11/22/21 BofA
GlobalFoundries initiated with a Buy at BofA
DTC Solo Brands
$17.78 /

+0.38 (+2.18%)

11/22/21 BofA
BofA starts Solo Brands at Buy with $28 price target
11/22/21 BofA
Solo Brands initiated with a Buy at BofA
11/22/21 Jefferies
Solo Brands initiated with a Buy at Jefferies
11/22/21 William Blair
Solo Brands initiated with an Outperform at William Blair
RENT Rent The Runway
$18.00 /

+1.71 (+10.50%)

11/22/21 Morgan Stanley
Morgan Stanley starts 'underestimated' Rent The Runway with an Overweight
11/22/21 KeyBanc
KeyBanc bullish on Rent The Runway, initiates with an Overweight
11/22/21 Wells Fargo
Wells Fargo bullish on Rent The Runway, initiates with an Overweight
11/22/21 Morgan Stanley
Rent The Runway initiated with an Overweight at Morgan Stanley
RDBX Redbox
$13.70 /

+0.65 (+4.98%)

11/22/21 BTIG
Redbox initiated with a Buy at BTIG
11/05/21
Fly Intel: Top five analyst initiations
11/05/21 Canaccord
Redbox initiated with a Buy at Canaccord
10/27/21
Fly Intel: Top five analyst initiations
BIRD Allbirds
$24.00 /

-0.47 (-1.92%)

11/22/21 Berenberg
Allbirds initiated with a Hold on valuation at Berenberg
11/22/21 Berenberg
Allbirds initiated with a Hold at Berenberg
  • 03
    Nov
  • 28
    Oct
  • 28
    Oct
  • 27
    Oct
RENT Rent The Runway
$18.00 /

+1.71 (+10.50%)

RDBX Redbox
$13.70 /

+0.65 (+4.98%)

GFS GlobalFoundries
$66.50 /

+4.6 (+7.43%)

BIRD Allbirds
$24.00 /

-0.47 (-1.92%)

BIRD Allbirds
$24.00 /

-0.47 (-1.92%)

Initiation
BofA starts Solo Brands at Buy with $28 price target » 07:52
11/22/21
11/22
07:52
11/22/21
07:52
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

BofA analyst Robert Ohmes…

BofA analyst Robert Ohmes initiated coverage of Solo Brands with a Buy rating and $28 price target. Solo Brands is a growing direct-to-consumer, or DTC, platform that offers products through a portfolio of Leisure brands, that includes Solo Stove, Chubbies, Isle and Oru Kayaks and he believes Solo Stove should benefit from millennial household formation, Ohmes tells investors. He also sees a large addressable market opportunity of 76M detached single family households in the U.S., where Solo Stove is less than 1% penetrated today, Ohmes added.

ShowHide Related Items >><<
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

11/22/21 BofA
Solo Brands initiated with a Buy at BofA
11/22/21 Jefferies
Solo Brands initiated with a Buy at Jefferies
11/22/21 William Blair
Solo Brands initiated with an Outperform at William Blair
11/22/21 Credit Suisse
Solo Brands initiated with an Outperform at Credit Suisse
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Initiation
Solo Brands initiated with a Buy at BofA » 07:42
11/22/21
11/22
07:42
11/22/21
07:42
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

BofA analyst Robert Ohmes…

BofA analyst Robert Ohmes initiated coverage of Solo Brands with a Buy rating and $28 price target.

ShowHide Related Items >><<
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

11/22/21 Jefferies
Solo Brands initiated with a Buy at Jefferies
11/22/21 William Blair
Solo Brands initiated with an Outperform at William Blair
11/22/21 Credit Suisse
Solo Brands initiated with an Outperform at Credit Suisse
11/22/21 Piper Sandler
Solo Brands initiated with an Overweight at Piper Sandler
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Initiation
Solo Brands initiated with a Buy at Jefferies » 07:32
11/22/21
11/22
07:32
11/22/21
07:32
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

Jefferies analyst Randal…

Jefferies analyst Randal Konik initiated coverage of Solo Brands with a Buy rating and $30 price target. The company's portfolio of lifestyle brands, anchored by Solo Stove, are "a natural beneficiary of the Great Outdoor Mega trend in its early innings of growth," Konik tells investors. Given that, plus the company's digitally-native go-to-market approach, he sees significant opportunity for upside to consensus estimates as well as multiple expansion potential for the shares, Konik added.

ShowHide Related Items >><<
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

11/22/21 William Blair
Solo Brands initiated with an Outperform at William Blair
11/22/21 Credit Suisse
Solo Brands initiated with an Outperform at Credit Suisse
11/22/21 Piper Sandler
Solo Brands initiated with an Overweight at Piper Sandler
11/22/21 Citi
Solo Brands initiated with a Neutral at Citi
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Initiation
Solo Brands initiated with an Outperform at William Blair » 07:08
11/22/21
11/22
07:08
11/22/21
07:08
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

William Blair analyst…

William Blair analyst Sharon Zackfia initiated coverage of Solo Brands with an Outperform rating and no price target. With 92% of sales across its brands, Solo is uniquely positioned in a category traditionally reliant on retail, Zackfia tells investors in a research note. Solo's direct-to-consumer platform provides real-time consumer insights that inform its product innovation while enabling a curated brand experience and direct relationship with its customers, says the analyst.

ShowHide Related Items >><<
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

11/22/21 Credit Suisse
Solo Brands initiated with an Outperform at Credit Suisse
11/22/21 Piper Sandler
Solo Brands initiated with an Overweight at Piper Sandler
11/22/21 Citi
Solo Brands initiated with a Neutral at Citi
11/22/21 JPMorgan
Solo Brands initiated with an Overweight at JPMorgan
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Initiation
Solo Brands initiated with an Outperform at Credit Suisse » 06:17
11/22/21
11/22
06:17
11/22/21
06:17
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

Credit Suisse analyst…

Credit Suisse analyst Kaumil Gajrawala initiated coverage of Solo Brands with an Outperform rating and $28 price target.

ShowHide Related Items >><<
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

11/22/21 Piper Sandler
Solo Brands initiated with an Overweight at Piper Sandler
11/22/21 Citi
Solo Brands initiated with a Neutral at Citi
11/22/21 JPMorgan
Solo Brands initiated with an Overweight at JPMorgan
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Initiation
Solo Brands initiated with an Overweight at Piper Sandler » 06:04
11/22/21
11/22
06:04
11/22/21
06:04
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

Piper Sandler analyst…

Piper Sandler analyst Peter Keith initiated coverage of Solo Brands with an Overweight rating and $23 price target. The company has an attractive portfolio of premium, high-margin, direct-to-consumer outdoor/lifestyle brands, most notably led by Solo Stove at 65% of sales, Keith tells investors in a research note. The analyst sees a "long runway for growth" from structural tailwinds in outdoor/backyard activities, growing brand awareness, product innovation, and international expansion.

ShowHide Related Items >><<
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

11/22/21 Citi
Solo Brands initiated with a Neutral at Citi
11/22/21 JPMorgan
Solo Brands initiated with an Overweight at JPMorgan
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Initiation
Solo Brands initiated with a Neutral at Citi » 06:00
11/22/21
11/22
06:00
11/22/21
06:00
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

Citi analyst Wendy…

Citi analyst Wendy Nicholson initiated coverage of Solo Brands with a Neutral rating and $20 price target. The analyst sees favorable industry tailwinds and "lots of whitespace for growth." However, she thinks the stock is close to fairly valued and that the risk/reward profile looks balanced.

ShowHide Related Items >><<
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

11/22/21 JPMorgan
Solo Brands initiated with an Overweight at JPMorgan
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Initiation
Solo Brands initiated with an Overweight at JPMorgan » 04:46
11/22/21
11/22
04:46
11/22/21
04:46
DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

JPMorgan analyst…

JPMorgan analyst Christopher Horvers initiated coverage of Solo Brands with an Overweight rating and $27 price target. The analyst sees "strong" brand momentum and near-term upside drivers to estimates. Solo has structural advantages from being 84% direct-to-consumer and long-term optionality from platform synergies, product innovation, marketing and supply chain efficiencies, international expansion and acquisitions, Horvers tells investors in a research note.

ShowHide Related Items >><<
  • 28
    Oct
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

Over a week ago
On The Fly
Opening Day: Braze jumps in debut as UserTesting stumbles below IPO price » 09:08
11/20/21
11/20
09:08
11/20/21
09:08
AHI

Advanced Human Imaging

$4.19 /

-1.42 (-25.31%)

, FINW

FinWise Bancorp

$12.80 /

+0.26 (+2.07%)

, LITM

Snow Lake Resources

$12.75 /

+1.25 (+10.87%)

, SG

Sweetgreen

$52.50 /

+3.22 (+6.53%)

, BRZE

Braze

$94.50 /

+10.08 (+11.94%)

, IREN

Iris Energy

$24.90 /

+1.56 (+6.68%)

, USER

UserTesting

$13.40 /

-0.55 (-3.94%)

, SEV

Sono Motors

$24.78 /

-4.5 (-15.37%)

, TRDA

Entrada Therapeutics

$32.92 /

-0.96 (-2.83%)

, SONX

Sonendo

$10.93 /

+0.04 (+0.37%)

, AURA

Aura Biosciences

$22.39 /

-0.47 (-2.06%)

, UDMY

Udemy

$30.96 /

-0.02 (-0.06%)

, AIRS

AirSculpt Technologies

$14.86 /

-0.37 (-2.43%)

, HRT

HireRight

$17.39 /

-0.08 (-0.46%)

, BFRI

Biofrontera

$2.62 /

+0.14 (+5.65%)

, FLNC

Fluence Energy

$35.85 /

+0.95 (+2.72%)

, GFS

GlobalFoundries

$61.90 /

-2.32 (-3.61%)

, DTC

Solo Brands

$17.40 /

-1.17 (-6.30%)

, CMTG

Claros Mortgage

$17.53 /

-0.29 (-1.63%)

, BIRD

Allbirds

$24.47 /

-2.3 (-8.59%)

, LIAN

LianBio

$16.09 /

+0.545 (+3.51%)

, CHO

Chobani

/

+

, RGG

Rue Gilt Groupe

/

+

, KETR

Keter

/

+

, HCP

HashiCorp

/

+

, CAST

FreeCast

/

+

, QNIU

Qiniu

/

+

, BABA

Alibaba

$140.34 /

-3.32 (-2.31%)

, AUTH

Authentic Brands Group

$8.01 /

+ (+0.00%)

Customer engagement…

ShowHide Related Items >><<
SG Sweetgreen
$52.50 /

+3.22 (+6.53%)

GFS GlobalFoundries
$61.90 /

-2.32 (-3.61%)

BFRI Biofrontera
$2.62 /

+0.14 (+5.65%)

BABA Alibaba
$140.34 /

-3.32 (-2.31%)

AUTH Authentic Brands Group
$8.01 /

+ (+0.00%)

AURA Aura Biosciences
$22.39 /

-0.47 (-2.06%)

AHI Advanced Human Imaging
$4.19 /

-1.42 (-25.31%)

FINW FinWise Bancorp
$12.80 /

+0.26 (+2.07%)

LITM Snow Lake Resources
$12.75 /

+1.25 (+10.87%)

SG Sweetgreen
$52.50 /

+3.22 (+6.53%)

BRZE Braze
$94.50 /

+10.08 (+11.94%)

IREN Iris Energy
$24.90 /

+1.56 (+6.68%)

USER UserTesting
$13.40 /

-0.55 (-3.94%)

SEV Sono Motors
$24.78 /

-4.5 (-15.37%)

TRDA Entrada Therapeutics
$32.92 /

-0.96 (-2.83%)

SONX Sonendo
$10.93 /

+0.04 (+0.37%)

AURA Aura Biosciences
$22.39 /

-0.47 (-2.06%)

UDMY Udemy
$30.96 /

-0.02 (-0.06%)

AIRS AirSculpt Technologies
$14.86 /

-0.37 (-2.43%)

HRT HireRight
$17.39 /

-0.08 (-0.46%)

BFRI Biofrontera
$2.62 /

+0.14 (+5.65%)

FLNC Fluence Energy
$35.85 /

+0.95 (+2.72%)

GFS GlobalFoundries
$61.90 /

-2.32 (-3.61%)

11/09/21
Fly Intel: Top five analyst initiations
11/09/21 Susquehanna
Susquehanna starts leading specialty foundry GlobalFoundries with a Positive
11/09/21 Susquehanna
GlobalFoundries initiated with a Positive at Susquehanna
11/08/21 Arete
GlobalFoundries initiated with a Sell at Arete
DTC Solo Brands
$17.40 /

-1.17 (-6.30%)

CMTG Claros Mortgage
$17.53 /

-0.29 (-1.63%)

BIRD Allbirds
$24.47 /

-2.3 (-8.59%)

LIAN LianBio
$16.09 /

+0.545 (+3.51%)

CHO Chobani
/

+

RGG Rue Gilt Groupe
/

+

KETR Keter
/

+

HCP HashiCorp
/

+

CAST FreeCast
/

+

QNIU Qiniu
/

+

BABA Alibaba
$140.34 /

-3.32 (-2.31%)

11/19/21 Benchmark
Alibaba price target lowered to $245 from $270 at Benchmark
11/19/21 Morgan Stanley
Alibaba price target lowered to $180 from $220 at Morgan Stanley
11/19/21 Truist
Alibaba price target lowered to $200 from $230 at Truist
11/19/21 Baird
Alibaba price target lowered to $180 from $260 at Baird
AUTH Authentic Brands Group
$8.01 /

+ (+0.00%)

BABA Alibaba
$140.34 /

-3.32 (-2.31%)

  • 19
    Nov
  • 19
    Nov
  • 19
    Nov
  • 18
    Nov
  • 17
    Nov
  • 17
    Nov
  • 17
    Nov
  • 17
    Nov
  • 03
    Nov
  • 29
    Oct
  • 29
    Oct
  • 29
    Oct
  • 03
    Nov
  • 29
    Oct
  • 28
    Oct
  • 01
    Nov
  • 28
    Oct
  • 29
    Oct
  • 29
    Oct
  • 28
    Oct
  • 29
    Oct
  • 13
    Aug
UDMY Udemy
$30.96 /

-0.02 (-0.06%)

BABA Alibaba
$140.34 /

-3.32 (-2.31%)

AUTH Authentic Brands Group
$8.01 /

+ (+0.00%)

SEV Sono Motors
$24.78 /

-4.5 (-15.37%)

QNIU Qiniu
/

+

KETR Keter
/

+

GFS GlobalFoundries
$61.90 /

-2.32 (-3.61%)

FLNC Fluence Energy
$35.85 /

+0.95 (+2.72%)

CHO Chobani
/

+

BIRD Allbirds
$24.47 /

-2.3 (-8.59%)

BABA Alibaba
$140.34 /

-3.32 (-2.31%)

BIRD Allbirds
$24.47 /

-2.3 (-8.59%)

BABA Alibaba
$140.34 /

-3.32 (-2.31%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.