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Initiation
Fly Intel: Top five analyst initiations » 09:58
02/23/21
02/23
09:58
02/23/21
09:58
HMPT

Home Point Capital

$11.75 /

+0.13 (+1.12%)

, XM

Qualtrics

$41.65 /

-3.85 (-8.46%)

, SAP

SAP

$123.56 /

-2.145 (-1.71%)

, DMYD

dMY Technology II

$17.85 /

-2.39 (-11.81%)

, LPTH

LightPath

$4.08 /

-0.24 (-5.56%)

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.

ShowHide Related Items >><<
XM Qualtrics
$41.65 /

-3.85 (-8.46%)

SAP SAP
$123.56 /

-2.145 (-1.71%)

LPTH LightPath
$4.08 /

-0.24 (-5.56%)

DMYD dMY Technology II
$17.85 /

-2.39 (-11.81%)

HMPT Home Point Capital
$11.75 /

+0.13 (+1.12%)

02/23/21 Wells Fargo
Home Point Capital initiated with an Overweight at Wells Fargo
02/23/21 Morgan Stanley
Home Point Capital initiated with an Equal Weight at Morgan Stanley
02/23/21 JPMorgan
Home Point Capital initiated with an Overweight at JPMorgan
02/23/21 JMP Securities
Home Point Capital initiated with an Outperform at JMP Securities
XM Qualtrics
$41.65 /

-3.85 (-8.46%)

02/23/21 Morgan Stanley
Qualtrics initiated with an Equal Weight at Morgan Stanley
02/23/21 Raymond James
Qualtrics initiated with an Outperform at Raymond James
02/23/21 Canaccord
Qualtrics initiated with a Buy at Canaccord
02/23/21 Loop Capital
Qualtrics initiated with a Hold at Loop Capital
SAP SAP
$123.56 /

-2.145 (-1.71%)

02/23/21 Evercore ISI
SAP reinstated with an In Line at Evercore ISI
02/05/21 Alliance Global Partners
Akerna price target raised to $10.50 from $8 at Alliance Global Partners
02/01/21 Deutsche Bank
SAP price target raised to EUR 125 from EUR 120 at Deutsche Bank
02/01/21 Credit Suisse
SAP price target raised to EUR 131 from EUR 119 at Credit Suisse
DMYD dMY Technology II
$17.85 /

-2.39 (-11.81%)

02/23/21 Benchmark
dMY Technology II initiated with a Buy at Benchmark
01/20/21 Craig-Hallum
Genius Sports initiated with a Buy at Craig-Hallum
LPTH LightPath
$4.08 /

-0.24 (-5.56%)

02/23/21 H.C. Wainwright
LightPath initiated with a Buy at H.C. Wainwright
02/04/21
LightPath price target raised to $5 from $4.50 at B. Riley Securities
01/29/21 B. Riley Securities
LightPath price target raised to $4.50 from $3.75 at B. Riley Securities
01/22/21 Alliance Global Partners
LightPath price target raised to $5.50 from $4 at Alliance Global Partners
SAP SAP
$123.56 /

-2.145 (-1.71%)

  • 29
    Jan
  • 28
    Jan
XM Qualtrics
$41.65 /

-3.85 (-8.46%)

SAP SAP
$123.56 /

-2.145 (-1.71%)

DMYD dMY Technology II
$17.85 /

-2.39 (-11.81%)

XM Qualtrics
$41.65 /

-3.85 (-8.46%)

SAP SAP
$123.56 /

-2.145 (-1.71%)

HMPT Home Point Capital
$11.75 /

+0.13 (+1.12%)

DMYD dMY Technology II
$17.85 /

-2.39 (-11.81%)

XM Qualtrics
$41.65 /

-3.85 (-8.46%)

SAP SAP
$123.56 /

-2.145 (-1.71%)

Initiation
Home Point Capital initiated with an Overweight at Wells Fargo » 09:11
02/23/21
02/23
09:11
02/23/21
09:11
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

Wells Fargo analyst…

Wells Fargo analyst Donald Fandetti initiated coverage of Home Point Capital with an Overweight rating and $17 price target. The analyst believes that what differentiates Home Point Capital is its growth potential from secular tailwind for the wholesale channel, only a 20% penetration of U.S. active brokers, and optionality from its correspondent and retail channels. While he recognizes that interest rates have risen and the 10-year yield will probably go back to pre-COVID levels, Fandetti believes valuation already discounts this and more.

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HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

02/23/21 Morgan Stanley
Home Point Capital initiated with an Equal Weight at Morgan Stanley
02/23/21 JPMorgan
Home Point Capital initiated with an Overweight at JPMorgan
02/23/21 JMP Securities
Home Point Capital initiated with an Outperform at JMP Securities
02/23/21 Credit Suisse
Home Point Capital initiated with an Outperform at Credit Suisse
  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

Initiation
Home Point Capital initiated with an Equal Weight at Morgan Stanley » 08:10
02/23/21
02/23
08:10
02/23/21
08:10
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

Morgan Stanley analyst…

Morgan Stanley analyst James Faucette initiated coverage of Home Point Capital with an Equal Weight rating and $12 price target. While Home Point is "highly profitable" now, 2020 was a banner year for mortgage originations with the industry struggling to satisfy unprecedented demand for mortgage originations, making it hard to identify the long-term winning strategies. He expects that judging Home Point's true success with its base of third party partners/brokers will be better determined when the mortgage market is functioning closer to its more normalized level, Faucette tells investors.

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HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

02/23/21 JPMorgan
Home Point Capital initiated with an Overweight at JPMorgan
02/23/21 JMP Securities
Home Point Capital initiated with an Outperform at JMP Securities
02/23/21 Credit Suisse
Home Point Capital initiated with an Outperform at Credit Suisse
02/23/21 Piper Sandler
Home Point Capital initiated with an Overweight at Piper Sandler
  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

Initiation
Home Point Capital initiated with an Overweight at JPMorgan » 07:09
02/23/21
02/23
07:09
02/23/21
07:09
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

JPMorgan analyst Richard…

JPMorgan analyst Richard Shane initiated coverage of Home Point Capital with an Overweight rating and $16 price target. The analyst assumes the company can drive growth through the expansion of its broker network. Home Point 's valuation discount to peers, which reflects concern regarding the ability to grow in the wake of a cyclical peak in mortgage volumes, creates "substantial upside potential for successful execution," Shane tells investors in a research note.

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HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

02/23/21 JMP Securities
Home Point Capital initiated with an Outperform at JMP Securities
02/23/21 Credit Suisse
Home Point Capital initiated with an Outperform at Credit Suisse
02/23/21 Piper Sandler
Home Point Capital initiated with an Overweight at Piper Sandler
02/23/21 Wedbush
Home Point Capital initiated with an Outperform at Wedbush
  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

Initiation
Home Point Capital initiated with an Outperform at JMP Securities » 06:39
02/23/21
02/23
06:39
02/23/21
06:39
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

JMP Securities analyst…

JMP Securities analyst Steven DeLaney initiated coverage of Home Point Capital with an Outperform rating and $16 price target. The analyst is citing the company's "dramatic" mortgage origination volume growth over the past 5 years, which has pushed it into the "top three" in the wholesale channel origination. DeLaney adds that while Home Point has not yet formally reported FY20 results, his internal model projects a return on common equity for last year of approximately 85%.

ShowHide Related Items >><<
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

02/23/21 Credit Suisse
Home Point Capital initiated with an Outperform at Credit Suisse
02/23/21 Piper Sandler
Home Point Capital initiated with an Overweight at Piper Sandler
02/23/21 Wedbush
Home Point Capital initiated with an Outperform at Wedbush
02/23/21 Goldman Sachs
Home Point Capital initiated with a Neutral at Goldman Sachs
  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

Initiation
Home Point Capital initiated with an Outperform at Credit Suisse » 06:16
02/23/21
02/23
06:16
02/23/21
06:16
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

Credit Suisse analyst…

Credit Suisse analyst Douglas Harter initiated coverage of Home Point Capital with an Outperform rating and $18 price target. The analyst believes that if Home Point delivers on market share gains, the target multiple can converge with those of the remainder of the sector and it can achieve a $27 per share in a "Blue Sky scenario." Combined with the 5.0% dividend yield, the analyst sees a 55% total return potential over the coming 12 months.

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HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

02/23/21 Piper Sandler
Home Point Capital initiated with an Overweight at Piper Sandler
02/23/21 Wedbush
Home Point Capital initiated with an Outperform at Wedbush
02/23/21 Goldman Sachs
Home Point Capital initiated with a Neutral at Goldman Sachs
  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

Initiation
Home Point Capital initiated with an Overweight at Piper Sandler » 06:12
02/23/21
02/23
06:12
02/23/21
06:12
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

Piper Sandler analyst…

Piper Sandler analyst Kevin Barker initiated coverage of Home Point Capital with an Overweight rating and $18 price target. The analyst sees "significant upside" to the shares due to multiple expansion as the market gets more comfortable with the company's fiscal 2022 earnings outlook as the mortgage refinance cycle ends. In addition, Home Point is poised to continue taking market share within the broker channel which should lead to greater long-term earnings potential, Barker tells investors in a research note.

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HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

02/23/21 Wedbush
Home Point Capital initiated with an Outperform at Wedbush
02/23/21 Goldman Sachs
Home Point Capital initiated with a Neutral at Goldman Sachs
  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

Initiation
Home Point Capital initiated with an Outperform at Wedbush » 06:01
02/23/21
02/23
06:01
02/23/21
06:01
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

Wedbush analyst Henry…

Wedbush analyst Henry Coffey initiated coverage of Home Point Capital with an Outperform rating and $18 price target. Home Point is now the third largest mortgage bank active in what has been the fastest growing mortgage channel over the last three years, the broker direct or wholesale channel, Coffey tells investors in a research note. Longer term, this channel is one of the best ways to attract purchase-related volume, says the analyst.

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HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

02/23/21 Goldman Sachs
Home Point Capital initiated with a Neutral at Goldman Sachs
  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

Initiation
Home Point Capital initiated with a Neutral at Goldman Sachs » 05:02
02/23/21
02/23
05:02
02/23/21
05:02
HMPT

Home Point Capital

$11.54 /

-0.45 (-3.75%)

Goldman Sachs analyst…

Goldman Sachs analyst Ryan Nash initiated coverage of Home Point Capital with a Neutral rating and $13 price target. Home Point is an "emerging player" in the mortgage origination industry that has used the recent downturn to take market share in the growing wholesale channel, Nash tells investors in a research note. However, interest rates appear poised to rise, which will likely weigh on volumes and gain on sale spreads, says Nash. The analyst wants to see further execution on its business strategy before becoming more constructive on shares.

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  • 29
    Jan
HMPT Home Point Capital
$11.54 /

-0.45 (-3.75%)

On The Fly
Opening Day: Qualtrics jumps 40% in trading debut » 09:36
01/31/21
01/31
09:36
01/31/21
09:36
HMPT

Home Point Capital

$11.25 /

+1.7 (+17.80%)

, NLSP

NLS Pharmaceutics

$2.86 /

-0.83 (-22.49%)

, TRIN

Trinity Capital

$14.50 /

-0.62 (-4.10%)

, XM

Qualtrics

$43.93 /

-1.69 (-3.70%)

, SAP

SAP

$126.21 /

-4.29 (-3.29%)

, OCDX

Ortho Clinical Diagnostics

$16.51 /

+0.59 (+3.71%)

, VINP

Vinci Partners Investments

$17.20 /

+0.2 (+1.18%)

, AGFY

Agrify

$11.30 /

-1.4 (-11.02%)

, SHLS

Shoals Technologies

$34.32 /

+1.33 (+4.03%)

, ZIM

ZIM Integrated

$12.02 /

+0.51 (+4.43%)

, TIRX

Tian Ruixiang

$12.30 /

-3.6 (-22.64%)

, EZGO

EZGO Technologies

$7.95 /

-0.26 (-3.17%)

, SEGR

Southeastern Grocers

$0.00 /

+ (+0.00%)

, CLRM

Clarim Acquisition

$0.00 /

+ (+0.00%)

, ITHX

Ithax Acquisition

$0.00 /

+ (+0.00%)

, IGNY

Ignyte Acquisition

$0.00 /

+ (+0.00%)

, HCAQ

HealthCor Catalio Acquisition

$10.14 /

+ (+0.00%)

, CAHC

CA Healthcare Acquisition

$0.00 /

+ (+0.00%)

, FSSI

Fortistar Sustainable Solutions

$0.00 /

+ (+0.00%)

, DNZ

D and Z Media Acquisition

$0.00 /

+ (+0.00%)

, BIOT

Biotech Acquisition

$0.00 /

+ (+0.00%)

, DHHC

DiamondHead Holdings

$0.00 /

+ (+0.00%)

, SSAA

Science Strategic Acquisition Corp. Alpha

$0.00 /

+ (+0.00%)

, RBLX

Roblox

$0.00 /

+ (+0.00%)

, BMBL

Bumble

$0.00 /

+ (+0.00%)

, COIN

Coinbase

$0.00 /

+ (+0.00%)

, HOMS

Caliber Home Loans

$0.00 /

+ (+0.00%)

, PHAR

Pharming

$14.20 /

-0.11 (-0.77%)

, LDI

loanDepot

$0.00 /

+ (+0.00%)

Qualtrics, a spinoff of…

ShowHide Related Items >><<
XM Qualtrics
$43.93 /

-1.69 (-3.70%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

RBLX Roblox
$0.00 /

+ (+0.00%)

COIN Coinbase
$0.00 /

+ (+0.00%)

HMPT Home Point Capital
$11.25 /

+1.7 (+17.80%)

NLSP NLS Pharmaceutics
$2.86 /

-0.83 (-22.49%)

TRIN Trinity Capital
$14.50 /

-0.62 (-4.10%)

XM Qualtrics
$43.93 /

-1.69 (-3.70%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

01/11/21 UBS
SAP price target raised to EUR 112 from EUR 97 at UBS
01/07/21 Barclays
SAP price target raised to $163 from $158 at Barclays
12/02/20 Stephens
Stephens upgrades ACI Worldwide to Overweight after Starboard urges sale
11/06/20
Fly Intel: Top five analyst downgrades
OCDX Ortho Clinical Diagnostics
$16.51 /

+0.59 (+3.71%)

VINP Vinci Partners Investments
$17.20 /

+0.2 (+1.18%)

AGFY Agrify
$11.30 /

-1.4 (-11.02%)

SHLS Shoals Technologies
$34.32 /

+1.33 (+4.03%)

ZIM ZIM Integrated
$12.02 /

+0.51 (+4.43%)

TIRX Tian Ruixiang
$12.30 /

-3.6 (-22.64%)

EZGO EZGO Technologies
$7.95 /

-0.26 (-3.17%)

SEGR Southeastern Grocers
$0.00 /

+ (+0.00%)

CLRM Clarim Acquisition
$0.00 /

+ (+0.00%)

ITHX Ithax Acquisition
$0.00 /

+ (+0.00%)

IGNY Ignyte Acquisition
$0.00 /

+ (+0.00%)

HCAQ HealthCor Catalio Acquisition
$10.14 /

+ (+0.00%)

CAHC CA Healthcare Acquisition
$0.00 /

+ (+0.00%)

FSSI Fortistar Sustainable Solutions
$0.00 /

+ (+0.00%)

DNZ D and Z Media Acquisition
$0.00 /

+ (+0.00%)

BIOT Biotech Acquisition
$0.00 /

+ (+0.00%)

DHHC DiamondHead Holdings
$0.00 /

+ (+0.00%)

SSAA Science Strategic Acquisition Corp. Alpha
$0.00 /

+ (+0.00%)

RBLX Roblox
$0.00 /

+ (+0.00%)

BMBL Bumble
$0.00 /

+ (+0.00%)

COIN Coinbase
$0.00 /

+ (+0.00%)

HOMS Caliber Home Loans
$0.00 /

+ (+0.00%)

PHAR Pharming
$14.20 /

-0.11 (-0.77%)

LDI loanDepot
$0.00 /

+ (+0.00%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

  • 29
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    Feb
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    Jan
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    Jan
  • 29
    Jan
  • 29
    Jan
  • 29
    Jan
  • 28
    Jan
  • 28
    Jan
  • 27
    Jan
  • 28
    Jan
  • 28
    Jan
  • 29
    Oct
  • 28
    Jan
SAP SAP
$126.21 /

-4.29 (-3.29%)

RBLX Roblox
$0.00 /

+ (+0.00%)

COIN Coinbase
$0.00 /

+ (+0.00%)

XM Qualtrics
$43.93 /

-1.69 (-3.70%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

RBLX Roblox
$0.00 /

+ (+0.00%)

HOMS Caliber Home Loans
$0.00 /

+ (+0.00%)

HMPT Home Point Capital
$11.25 /

+1.7 (+17.80%)

COIN Coinbase
$0.00 /

+ (+0.00%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

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