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Focus Financial upgraded to Buy from Neutral at Goldman Sachs » 04:53
06/30/20
06/30
04:53
06/30/20
04:53
FOCS

Focus Financial

$30.04 /

+1.41 (+4.92%)

Goldman Sachs analyst…

Goldman Sachs analyst Alexander Blostein upgraded Focus Financial Partners to Buy from Neutral with a price target of $36, up from $24. As markets have stabilized over the last few months, Focus is in a better position to execute on a "pent-up" acquisition pipeline likely to convert in 2021, Blostein tells investors in a research note. Further, the company should also see an acceleration of the secular trend of small advisors looking for affiliation with bigger platforms, says the analyst.

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FOCS Focus Financial
$30.04 /

+1.41 (+4.92%)

06/22/20 Credit Suisse
Focus Financial Partners initiated with an Outperform at Credit Suisse
05/21/20 BofA
Focus Financial Partners double-upgraded to Buy from Underperform at BofA
05/21/20 BofA
Focus Financial Partners upgraded to Buy from Underperform at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
FOCS Focus Financial
$30.04 /

+1.41 (+4.92%)

Initiation
Focus Financial Partners initiated with an Outperform at Credit Suisse » 16:12
06/22/20
06/22
16:12
06/22/20
16:12
FOCS

Focus Financial Partners

$29.72 /

-0.43 (-1.43%)

Credit Suisse analyst…

Credit Suisse analyst Craig Siegenthaler initiated coverage of Focus Financial Partners with an Outperform rating and $39 price target, calling the stock the "the best way for investors to play" secular growth of the U.S. Registered Investment Adviser, or RIA, business. He sees a $9T addressable market in three to five years, the analyst noted.

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FOCS Focus Financial Partners
$29.72 /

-0.43 (-1.43%)

05/21/20 BofA
Focus Financial Partners double-upgraded to Buy from Underperform at BofA
05/21/20 BofA
Focus Financial Partners upgraded to Buy from Underperform at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
FOCS Focus Financial Partners
$29.72 /

-0.43 (-1.43%)

Over a month ago
Upgrade
Focus Financial Partners double-upgraded to Buy from Underperform at BofA » 06:12
05/21/20
05/21
06:12
05/21/20
06:12
FOCS

Focus Financial Partners

$25.80 /

+2.05 (+8.63%)

BofA analyst Michael…

BofA analyst Michael Carrier double-upgraded Focus Financial Partners to Buy from Underperform with a price target of $29, up from $21. The analyst is citing a more favorable growth outlook and improving financial and business metrics, with rising markets and economic supporting the outlook for M&A. Carrier adds that the Focus Financial team is actively managing the company's interest expense and margins as he raises his target FY21 earnings multiple to 11-times from 8-times.

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FOCS Focus Financial Partners
$25.80 /

+2.05 (+8.63%)

FOCS Focus Financial Partners
$25.80 /

+2.05 (+8.63%)

05/21/20 BofA
Focus Financial Partners upgraded to Buy from Underperform at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
FOCS Focus Financial Partners
$25.80 /

+2.05 (+8.63%)

Upgrade
Focus Financial Partners upgraded to Buy from Underperform at BofA » 06:04
05/21/20
05/21
06:04
05/21/20
06:04
FOCS

Focus Financial Partners

$25.80 /

+2.05 (+8.63%)

BofA analyst Michael…

BofA analyst Michael Carrier upgraded Focus Financial Partners to Buy from Underperform.

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FOCS Focus Financial Partners
$25.80 /

+2.05 (+8.63%)

FOCS Focus Financial Partners
$25.80 /

+2.05 (+8.63%)

03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial Partners downgraded to Underperform from Neutral at BofA
FOCS Focus Financial Partners
$25.80 /

+2.05 (+8.63%)

Conference/Events
Focus Financial Partners management to meet virtually with Oppenheimer » 04:55
05/12/20
05/12
04:55
05/12/20
04:55
FOCS

Focus Financial Partners

$23.10 /

-1.69 (-6.82%)

Virtual Meeting with…

Virtual Meeting with management to be held on May 12 hosted by Oppenheimer.

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FOCS Focus Financial Partners
$23.10 /

-1.69 (-6.82%)

FOCS Focus Financial Partners
$23.10 /

-1.69 (-6.82%)

03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial Partners downgraded to Underperform from Neutral at BofA
FOCS Focus Financial Partners
$23.10 /

-1.69 (-6.82%)

Conference/Events
Focus Financial Partners management to meet virtually with Oppenheimer » 11:42
05/11/20
05/11
11:42
05/11/20
11:42
FOCS

Focus Financial Partners

$22.74 /

-2.05 (-8.27%)

Virtual Meeting with…

Virtual Meeting with management to be held on May 12 hosted by Oppenheimer.

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FOCS Focus Financial Partners
$22.74 /

-2.05 (-8.27%)

03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial Partners downgraded to Underperform from Neutral at BofA
Earnings
Focus Financial Partners sees Q2 results impacted by Q1 equity market decline » 07:53
05/07/20
05/07
07:53
05/07/20
07:53
FOCS

Focus Financial Partners

$22.89 /

+0.2 (+0.88%)

"In the 2020 second…

"In the 2020 second quarter, we anticipate that our results will be impacted by the effect of the 2020 first quarter equity market decline on our market-correlated revenues, of which approximately 70% are billed in advance, and by a modest decline in our non-market correlated revenues due to the effect of COVID-19. Additionally, we anticipate that our M&A activity will be muted in the 2020 second quarter, and most likely in the 2020 third quarter, resulting from the pandemic-related slowdown in M&A activity. We currently believe that the transactions in our pipeline will ultimately sign and close as the rationale for the transactions has not changed. We anticipate that we will likely not accomplish our 20% growth rate targets for revenues and Adjusted Net Income Per Share for 2020 if market conditions stay at current levels or decline further. However, we remain confident that these continue to be the right long-term growth targets for our business. We believe the resiliency of our business model, financial resources and long-standing track record of success position us for continued success post-crisis."

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FOCS Focus Financial Partners
$22.89 /

+0.2 (+0.88%)

03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial Partners downgraded to Underperform from Neutral at BofA
Earnings
Focus Financial Partners reports Q1 adj. EPS 74c, consensus 67c » 07:51
05/07/20
05/07
07:51
05/07/20
07:51
FOCS

Focus Financial Partners

$22.89 /

+0.2 (+0.88%)

Reports Q1 revenue…

Reports Q1 revenue $337.1M, consensus $323.59M. "Our 2020 first quarter results were strong despite the challenging market backdrop, reflecting excellent performance by our partner firms," said Rudy Adolf, Founder, CEO and Chairman. "These are the times when prudent fiduciary advice is of utmost importance and we are confident that our partners are well-equipped to face the challenges posed by the COVID-19 disruption. Our team has responded by supporting them in every aspect of their businesses and helping them maximize the value they deliver to their clients, which is at the core of what we do. I am very proud of how the Focus family has rallied in these circumstances, demonstrating incredible commitment and resolve. We believe our business will only be strengthened by the way we and our partners are navigating this crisis, which will drive outperformance in the long-term."

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FOCS Focus Financial Partners
$22.89 /

+0.2 (+0.88%)

03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial Partners downgraded to Underperform from Neutral at BofA
Over a quarter ago
Upgrade
Focus Financial Partners upgraded to Buy from Hold at SunTrust » 07:38
03/12/20
03/12
07:38
03/12/20
07:38
FOCS

Focus Financial Partners

$21.72 /

-1.85 (-7.85%)

SunTrust analyst Andrew…

SunTrust analyst Andrew Jeffrey upgraded Focus Financial Partners to Buy from Hold with a price target of $30, down from $35. The analyst contends that the sell-off in the stock underestimates its competitive position and "partial insulation" from the pressure in the equity market, further citing the company's leading position as a "consolidator of the RIA market" offering liquidity and support to over $15B in U.S. RIA revenue total addressable market.

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FOCS Focus Financial Partners
$21.72 /

-1.85 (-7.85%)

03/12/20 BofA
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA
03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial Partners downgraded to Underperform from Neutral at BofA
12/10/19 Jefferies
Jefferies starts Focus Financial Partners at Buy with $34 price target
Downgrade
Focus Financial downgraded to Underperform, Nasdaq upgraded to Buy at BofA » 06:26
03/12/20
03/12
06:26
03/12/20
06:26
FOCS

Focus Financial Partners

$21.72 /

-1.85 (-7.85%)

, NDAQ

Nasdaq

$98.88 /

-5.29 (-5.08%)

BofA analyst Michael…

BofA analyst Michael Carrier downgraded Focus Financial (FOCS) to Underperform from Neutral amid the pressure on the financial sector from the coronavirus in terms of economic growth expectations as well as the "plunge" in energy prices and the "extremely low" interest rates. The analyst is also citing the company's tougher growth outlook and high leverage. Carries has upgraded Nasdaq (NDAQ) to Buy from Neutral however based on its more defensive position and an attractive current valuation.

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FOCS Focus Financial Partners
$21.72 /

-1.85 (-7.85%)

03/12/20 SunTrust
Focus Financial Partners upgraded to Buy from Hold at SunTrust
03/12/20 BofA
Focus Financial Partners downgraded to Underperform from Neutral at BofA
12/10/19 Jefferies
Jefferies starts Focus Financial Partners at Buy with $34 price target
12/10/19 Jefferies
Focus Financial Partners initiated with a Buy at Jefferies
NDAQ Nasdaq
$98.88 /

-5.29 (-5.08%)

03/12/20 BofA
Nasdaq upgraded to Buy from Neutral at BofA
01/14/20 Wells Fargo
Nasdaq price target raised to $122 from $111 at Wells Fargo
01/14/20 Raymond James
Nasdaq price target raised to $114 from $113 at Raymond James
01/10/20 Jefferies
Jefferies calls CME, IntercontinentalExchange favorite ideas in Exchanges

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