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Initiation
Fly Intel: Top five analyst initiations » 09:57
11/11/21
11/11
09:57
11/11/21
09:57
SI

Silvergate Capital

$205.02 /

+16.815 (+8.93%)

, CVNA

Carvana

$284.40 /

-2.87 (-1.00%)

, INVZ

Innoviz Technologies

$5.05 /

+0.03 (+0.60%)

, BKKT

Bakkt

$25.00 /

-0.15 (-0.60%)

, MP

MP Materials

$39.90 /

+1.03 (+2.65%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Silvergate Capital (SI) initiated with an Overweight at JPMorgan. 2. Carvana (CVNA) assumed with a Peer Perform at Wolfe Research. 3. Innoviz Technologies (INVZ) assumed with an Overweight at Cantor Fitzgerald. 4. Bakkt (BKKT) initiated with a Hold at Jefferies. 5. MP Materials (MP) initiated with a Buy at Jefferies. 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 >><<
SI Silvergate Capital
$205.02 /

+16.815 (+8.93%)

MP MP Materials
$39.90 /

+1.03 (+2.65%)

INVZ Innoviz Technologies
$5.05 /

+0.03 (+0.60%)

CVNA Carvana
$284.40 /

-2.87 (-1.00%)

BKKT Bakkt
$25.00 /

-0.15 (-0.60%)

SI Silvergate Capital
$205.02 /

+16.815 (+8.93%)

11/11/21 JPMorgan
Silvergate Capital initiated with an Overweight at JPMorgan
11/08/21 Keefe Bruyette
Silvergate Capital downgraded to Market Perform from Outperform at Keefe Bruyette
11/07/21 Keefe Bruyette
Silvergate downgraded to Market Perform from Outperform at Keefe Bruyette
11/01/21 Keefe Bruyette
Silvergate Capital rallying ahead of PWG report, says Keefe Bruyette
CVNA Carvana
$284.40 /

-2.87 (-1.00%)

11/11/21 Wolfe Research
Carvana assumed with a Peer Perform at Wolfe Research
11/05/21 Needham
Carvana price target lowered to $378 from $421 at Needham
11/05/21 DA Davidson
Carvana price target lowered to $355 from $375 at DA Davidson
10/27/21 William Blair
Deal with Hertz could 'meaningfully' boost Carvana sales, says William Blair
INVZ Innoviz Technologies
$5.05 /

+0.03 (+0.60%)

11/11/21 Cantor Fitzgerald
Innoviz Technologies assumed with an Overweight at Cantor Fitzgerald
11/11/21 Cantor Fitzgerald
Innoviz Technologies assumed with an Overweight at Cantor Fitzgerald
09/26/21 Goldman Sachs
Innoviz Technologies price target lowered to $7 from $10 at Goldman Sachs
05/25/21 Berenberg
Innoviz Technologies initiated with a Buy at Berenberg
BKKT Bakkt
$25.00 /

-0.15 (-0.60%)

11/11/21 Jefferies
Jefferies starts Bakkt at Hold as more adoption 'proof-points' awaited
11/11/21 Jefferies
Bakkt initiated with a Hold at Jefferies
11/02/21 Piper Sandler
IntercontinentalExchange shares not reflecting positives, says Piper Sandler
10/26/21 Piper Sandler
Coinbase price target raised to $360 from $335 at Piper Sandler
MP MP Materials
$39.90 /

+1.03 (+2.65%)

11/11/21 Jefferies
MP Materials initiated with a Buy at Jefferies
11/11/21 Benchmark
MP Materials initiated with a Hold at Benchmark
10/26/21 JPMorgan
JPMorgan sees 'positive tailwinds' into Q3 report for MP Materials
07/23/21
Fly Intel: Top five analyst initiations
SI Silvergate Capital
$205.02 /

+16.815 (+8.93%)

MP MP Materials
$39.90 /

+1.03 (+2.65%)

CVNA Carvana
$284.40 /

-2.87 (-1.00%)

  • 14
    Sep
  • 24
    Mar
  • 22
    Jan
  • 02
    Dec
MP MP Materials
$39.90 /

+1.03 (+2.65%)

CVNA Carvana
$284.40 /

-2.87 (-1.00%)

SI Silvergate Capital
$205.02 /

+16.815 (+8.93%)

MP MP Materials
$39.90 /

+1.03 (+2.65%)

INVZ Innoviz Technologies
$5.05 /

+0.03 (+0.60%)

CVNA Carvana
$284.40 /

-2.87 (-1.00%)

BKKT Bakkt
$25.00 /

-0.15 (-0.60%)

SI Silvergate Capital
$205.02 /

+16.815 (+8.93%)

MP MP Materials
$39.90 /

+1.03 (+2.65%)

INVZ Innoviz Technologies
$5.05 /

+0.03 (+0.60%)

CVNA Carvana
$284.40 /

-2.87 (-1.00%)

BKKT Bakkt
$25.00 /

-0.15 (-0.60%)

Initiation
Silvergate Capital initiated with an Overweight at JPMorgan » 04:45
11/11/21
11/11
04:45
11/11/21
04:45
SI

Silvergate Capital

$188.35 /

-14.865 (-7.31%)

JPMorgan analyst Steven…

JPMorgan analyst Steven Alexopoulos initiated coverage of Silvergate Capital with an Overweight rating and $300 price target. The company is well positioned to capitalize on its "first mover advantage," and when combined with the institutional adoption of cryptocurrencies still being in its "very early innings," it has a "tremendous growth runway ahead," Alexopoulos tells investors in a research note. Silvergate's status as the pure-play bank of the crypto ecosystem has "led to the creation of a company not only with superior growth potential, but also that operates with one of the highest quality balance sheets in the industry today," says the analyst.

ShowHide Related Items >><<
SI Silvergate Capital
$188.35 /

-14.865 (-7.31%)

SI Silvergate Capital
$188.35 /

-14.865 (-7.31%)

11/08/21 Keefe Bruyette
Silvergate Capital downgraded to Market Perform from Outperform at Keefe Bruyette
11/07/21 Keefe Bruyette
Silvergate downgraded to Market Perform from Outperform at Keefe Bruyette
11/01/21 Keefe Bruyette
Silvergate Capital rallying ahead of PWG report, says Keefe Bruyette
10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
SI Silvergate Capital
$188.35 /

-14.865 (-7.31%)

  • 22
    Jan
SI Silvergate Capital
$188.35 /

-14.865 (-7.31%)

SI Silvergate Capital
$188.35 /

-14.865 (-7.31%)

Downgrade
Silvergate Capital downgraded to Market Perform from Outperform at Keefe Bruyette » 06:22
11/08/21
11/08
06:22
11/08/21
06:22
SI

Silvergate Capital

/

+

Keefe Bruyette analyst…

Keefe Bruyette analyst Michael Perito downgraded Silvergate Capital to Market Perform from Outperform with a $200 price target.

ShowHide Related Items >><<
SI Silvergate Capital
/

+

SI Silvergate Capital
/

+

11/07/21 Keefe Bruyette
Silvergate downgraded to Market Perform from Outperform at Keefe Bruyette
11/01/21 Keefe Bruyette
Silvergate Capital rallying ahead of PWG report, says Keefe Bruyette
10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
10/20/21 Canaccord
Silvergate Capital price target raised to $164 from $150 at Canaccord
SI Silvergate Capital
/

+

  • 22
    Jan
SI Silvergate Capital
/

+

SI Silvergate Capital
/

+

Downgrade
Silvergate downgraded to Market Perform from Outperform at Keefe Bruyette » 17:46
11/07/21
11/07
17:46
11/07/21
17:46
SI

Silvergate Capital

$215.37 /

-1.26 (-0.58%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Michael Perito downgraded Silvergate Capital to Market Perform from Outperform with an unchanged price target of $200. The stock closed Friday down 80c to $215.16. Since October 1, 2020, Silvergate is up 1,425% as the bank "has seen massive growth in its crypto banking platform," Perito tells investors in a research note. More recently, optimism around higher interest rates and the potential stablecoin issuance opportunity has propelled the stock to all-time highs, says the analyst. While Perito believes additional upside could exist, he says Silvergate's "significant premium valuation" suggests a more balanced upside/downside scenario from here.

ShowHide Related Items >><<
SI Silvergate Capital
$215.37 /

-1.26 (-0.58%)

SI Silvergate Capital
$215.37 /

-1.26 (-0.58%)

11/01/21 Keefe Bruyette
Silvergate Capital rallying ahead of PWG report, says Keefe Bruyette
10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
10/20/21 Canaccord
Silvergate Capital price target raised to $164 from $150 at Canaccord
10/01/21 Compass Point
Silvergate Capital transferred at Buy at Compass Point
SI Silvergate Capital
$215.37 /

-1.26 (-0.58%)

  • 22
    Jan
SI Silvergate Capital
$215.37 /

-1.26 (-0.58%)

SI Silvergate Capital
$215.37 /

-1.26 (-0.58%)

Over a month ago
Hot Stocks
President's Working Group, FDIC and OCC issue report on stablecoins » 15:17
11/01/21
11/01
15:17
11/01/21
15:17
SI

Silvergate Capital

$178.60 /

+21.84 (+13.93%)

The President's…

The President's Working Group on Financial Markets, or PWG, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency have issued their interagency report on stablecoins, which states in part: "Stablecoins are digital assets that are designed to maintain a stable value relative to a national currency or other reference assets. Today, stablecoins are primarily used in the United States to facilitate trading, lending, or borrowing of other digital assets, predominantly on or through digital asset trading platforms. Proponents believe stablecoins could become widely used by households and businesses as a means of payment. If well-designed and appropriately regulated, stablecoins could support faster, more efficient, and more inclusive payments options. The purpose of the PWG report is to identify regulatory gaps related to stablecoins with the potential to be used as a means of payment, and to present recommendations for addressing those gaps... There are key gaps in prudential authority over stablecoins used for payments purposes. To address these risks, the agencies recommend that Congress act promptly to enact legislation to ensure that payment stablecoins are subject to a federal prudential framework on a consistent and comprehensive basis... In the absence of urgently needed Congressional action, the agencies recommend that the Financial Stability Oversight Council consider steps available to it to address the risks outlined in the report. Such steps may include designation of certain activities conducted within a stablecoin arrangement as, or as likely to become, systemically important payment, clearing, and settlement activities. The rapid growth of stablecoins increases the urgency of this work. Failure to act risks growth of payment stablecoins without adequate protection for users, the financial system, and the broader economy." Earlier, Keefe Bruyette analyst Michael Perito attributed a rally in Silvergate Capital shares as possibly being due to the anticipated release of the President's Working Group's report on a stablecoin and cryptocurrency regulatory infrastructure. Reference Link

ShowHide Related Items >><<
SI Silvergate Capital
$178.60 /

+21.84 (+13.93%)

SI Silvergate Capital
$178.60 /

+21.84 (+13.93%)

11/01/21 Keefe Bruyette
Silvergate Capital rallying ahead of PWG report, says Keefe Bruyette
10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
10/20/21 Canaccord
Silvergate Capital price target raised to $164 from $150 at Canaccord
10/01/21 Compass Point
Silvergate Capital transferred at Buy at Compass Point
SI Silvergate Capital
$178.60 /

+21.84 (+13.93%)

  • 22
    Jan
SI Silvergate Capital
$178.60 /

+21.84 (+13.93%)

SI Silvergate Capital
$178.60 /

+21.84 (+13.93%)

Recommendations
Silvergate Capital rallying ahead of PWG report, says Keefe Bruyette » 13:37
11/01/21
11/01
13:37
11/01/21
13:37
SI

Silvergate Capital

$182.12 /

+25.36 (+16.18%)

Silvergate Capital shares…

Silvergate Capital shares are rallying today, possibly due to the anticipated release of the President's Working Group's report on a stablecoin and cryptocurrency regulatory infrastructure, which should hit this afternoon, according to Politico, Keefe Bruyette analyst Michael Perito tells investors in a research note. The analyst, who admits he does not have insights into the guidance of the report, continues to believe Silvergate "should be better positioned" post the findings since it is "arguably the most highly regulated crypto company." Perito keeps an Outperform rating on the stock with a $200 price target. Silvergate is up 15% to $180.27 in afternoon trading.

ShowHide Related Items >><<
SI Silvergate Capital
$182.12 /

+25.36 (+16.18%)

SI Silvergate Capital
$182.12 /

+25.36 (+16.18%)

10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
10/20/21 Canaccord
Silvergate Capital price target raised to $164 from $150 at Canaccord
10/01/21 Compass Point
Silvergate Capital transferred at Buy at Compass Point
09/27/21
Fly Intel: Top five analyst initiations
SI Silvergate Capital
$182.12 /

+25.36 (+16.18%)

  • 22
    Jan
SI Silvergate Capital
$182.12 /

+25.36 (+16.18%)

SI Silvergate Capital
$182.12 /

+25.36 (+16.18%)

Hot Stocks
Silvergate Capital rises 17.6% » 12:00
11/01/21
11/01
12:00
11/01/21
12:00
SI

Silvergate Capital

$184.22 /

+27.46 (+17.52%)

Silvergate Capital is up…

Silvergate Capital is up 17.6%, or $27.64 to $184.26.

ShowHide Related Items >><<
SI Silvergate Capital
$184.22 /

+27.46 (+17.52%)

SI Silvergate Capital
$184.22 /

+27.46 (+17.52%)

10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
10/20/21 Canaccord
Silvergate Capital price target raised to $164 from $150 at Canaccord
10/01/21 Compass Point
Silvergate Capital transferred at Buy at Compass Point
09/27/21
Fly Intel: Top five analyst initiations
SI Silvergate Capital
$184.22 /

+27.46 (+17.52%)

  • 22
    Jan
SI Silvergate Capital
$184.22 /

+27.46 (+17.52%)

SI Silvergate Capital
$184.22 /

+27.46 (+17.52%)

Hot Stocks
Silvergate Capital director Reed sells 7,522 class A shares » 18:10
10/26/21
10/26
18:10
10/26/21
18:10
SI

Silvergate Capital

$159.80 /

+6.24 (+4.06%)

In a regulatory filing,…

In a regulatory filing, Silvergate Capital director Scott Reed disclosed the sale of 7,522 class A common shares of the company at a price of $150.1109 per share.

ShowHide Related Items >><<
SI Silvergate Capital
$159.80 /

+6.24 (+4.06%)

SI Silvergate Capital
$159.80 /

+6.24 (+4.06%)

10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
10/20/21 Canaccord
Silvergate Capital price target raised to $164 from $150 at Canaccord
10/01/21 Compass Point
Silvergate Capital transferred at Buy at Compass Point
09/27/21
Fly Intel: Top five analyst initiations
SI Silvergate Capital
$159.80 /

+6.24 (+4.06%)

  • 22
    Jan
SI Silvergate Capital
$159.80 /

+6.24 (+4.06%)

SI Silvergate Capital
$159.80 /

+6.24 (+4.06%)

Hot Stocks
Silvergate Capital director Reed sells over 5,000 class A shares » 17:27
10/22/21
10/22
17:27
10/22/21
17:27
SI

Silvergate Capital

$146.00 /

-2.23 (-1.50%)

In a regulatory filing,…

In a regulatory filing, Silvergate Capital director Scott Reed disclosed the sale of 5,498 class A common shares of the company on October 21 at a price of $150.0193 per share.

ShowHide Related Items >><<
SI Silvergate Capital
$146.00 /

-2.23 (-1.50%)

SI Silvergate Capital
$146.00 /

-2.23 (-1.50%)

10/20/21 Craig-Hallum
Silvergate Capital price target raised to $170 from $135 at Craig-Hallum
10/20/21 Canaccord
Silvergate Capital price target raised to $164 from $150 at Canaccord
10/01/21 Compass Point
Silvergate Capital transferred at Buy at Compass Point
09/27/21
Fly Intel: Top five analyst initiations
SI Silvergate Capital
$146.00 /

-2.23 (-1.50%)

  • 22
    Jan
SI Silvergate Capital
$146.00 /

-2.23 (-1.50%)

SI Silvergate Capital
$146.00 /

-2.23 (-1.50%)

On The Fly
Crypto Currents: Facebook rolls out Novi digital wallet pilot » 10:11
10/22/21
10/22
10:11
10/22/21
10:11
$BTC

Bitcoin

/

+

, BTC

Bitcoin

/

+

, BITCOIN

Bitcoin

/

+

, $ETH

Ethereum

/

+

, $LTC

Litecoin

/

+

, $DOGE

Dogecoin

/

+

, FB

Facebook; also tag MVRS

$324.83 /

-17.265 (-5.05%)

, COIN

Coinbase

$299.04 /

-1.19 (-0.40%)

, IBKR

Interactive Brokers

$74.23 /

+0.12 (+0.16%)

, CBOE

Cboe Global Markets

$126.56 /

-0.48 (-0.38%)

, SI

Silvergate Capital

$148.75 /

+0.52 (+0.35%)

, MARA

Marathon Digital

$49.28 /

-1.55 (-3.05%)

, AMD

AMD

$120.28 /

+0.94 (+0.79%)

, NVDA

Nvidia

$230.13 /

+3.26 (+1.44%)

, OSTK

Overstock.com

$79.56 /

-1.31 (-1.62%)

, IDEX

Ideanomics

$1.96 /

-0.045 (-2.25%)

, RIOT

Riot Blockchain

$28.46 /

-0.97 (-3.30%)

, TEUM

Pareteum

/

+

, SRAX

Srax

$5.90 /

+ (+0.00%)

As bitcoin, ethereum and…

ShowHide Related Items >><<
TEUM Pareteum
/

+

SRAX Srax
$5.90 /

+ (+0.00%)

SI Silvergate Capital
$148.75 /

+0.52 (+0.35%)

RIOT Riot Blockchain
$28.46 /

-0.97 (-3.30%)

OSTK Overstock.com
$79.56 /

-1.31 (-1.62%)

NVDA Nvidia
$230.13 /

+3.26 (+1.44%)

MARA Marathon Digital
$49.28 /

-1.55 (-3.05%)

IDEX Ideanomics
$1.96 /

-0.045 (-2.25%)

IBKR Interactive Brokers
$74.23 /

+0.12 (+0.16%)

FB Facebook; also tag MVRS
$324.83 /

-17.265 (-5.05%)

COIN Coinbase
$299.04 /

-1.19 (-0.40%)

CBOE Cboe Global Markets
$126.56 /

-0.48 (-0.38%)

BITCOIN Bitcoin
/

+

AMD AMD
$120.28 /

+0.94 (+0.79%)

$LTC Litecoin
/

+

$ETH Ethereum
/

+

$DOGE Dogecoin
/

+

$BTC Bitcoin
/

+

$BTC Bitcoin
/

+

BTC Bitcoin
/

+

BITCOIN Bitcoin
/

+

$ETH Ethereum
/

+

$LTC Litecoin
/

+

$DOGE Dogecoin
/

+

FB Facebook; also tag MVRS
$324.83 /

-17.265 (-5.05%)

COIN Coinbase
$299.04 /

-1.19 (-0.40%)

IBKR Interactive Brokers
$74.23 /

+0.12 (+0.16%)

CBOE Cboe Global Markets
$126.56 /

-0.48 (-0.38%)

SI Silvergate Capital
$148.75 /

+0.52 (+0.35%)

MARA Marathon Digital
$49.28 /

-1.55 (-3.05%)

AMD AMD
$120.28 /

+0.94 (+0.79%)

NVDA Nvidia
$230.13 /

+3.26 (+1.44%)

OSTK Overstock.com
$79.56 /

-1.31 (-1.62%)

IDEX Ideanomics
$1.96 /

-0.045 (-2.25%)

RIOT Riot Blockchain
$28.46 /

-0.97 (-3.30%)

TEUM Pareteum
/

+

SRAX Srax
$5.90 /

+ (+0.00%)

SRAX Srax
$5.90 /

+ (+0.00%)

SI Silvergate Capital
$148.75 /

+0.52 (+0.35%)

RIOT Riot Blockchain
$28.46 /

-0.97 (-3.30%)

OSTK Overstock.com
$79.56 /

-1.31 (-1.62%)

NVDA Nvidia
$230.13 /

+3.26 (+1.44%)

MARA Marathon Digital
$49.28 /

-1.55 (-3.05%)

IDEX Ideanomics
$1.96 /

-0.045 (-2.25%)

IBKR Interactive Brokers
$74.23 /

+0.12 (+0.16%)

FB Facebook; also tag MVRS
$324.83 /

-17.265 (-5.05%)

COIN Coinbase
$299.04 /

-1.19 (-0.40%)

CBOE Cboe Global Markets
$126.56 /

-0.48 (-0.38%)

BITCOIN Bitcoin
/

+

AMD AMD
$120.28 /

+0.94 (+0.79%)

$LTC Litecoin
/

+

$ETH Ethereum
/

+

$BTC Bitcoin
/

+

  • 14
    Apr
  • 22
    Jan
OSTK Overstock.com
$79.56 /

-1.31 (-1.62%)

NVDA Nvidia
$230.13 /

+3.26 (+1.44%)

MARA Marathon Digital
$49.28 /

-1.55 (-3.05%)

IBKR Interactive Brokers
$74.23 /

+0.12 (+0.16%)

FB Facebook; also tag MVRS
$324.83 /

-17.265 (-5.05%)

COIN Coinbase
$299.04 /

-1.19 (-0.40%)

CBOE Cboe Global Markets
$126.56 /

-0.48 (-0.38%)

BITCOIN Bitcoin
/

+

AMD AMD
$120.28 /

+0.94 (+0.79%)

$LTC Litecoin
/

+

$ETH Ethereum
/

+

$BTC Bitcoin
/

+

SI Silvergate Capital
$148.75 /

+0.52 (+0.35%)

RIOT Riot Blockchain
$28.46 /

-0.97 (-3.30%)

NVDA Nvidia
$230.13 /

+3.26 (+1.44%)

IBKR Interactive Brokers
$74.23 /

+0.12 (+0.16%)

FB Facebook; also tag MVRS
$324.83 /

-17.265 (-5.05%)

COIN Coinbase
$299.04 /

-1.19 (-0.40%)

CBOE Cboe Global Markets
$126.56 /

-0.48 (-0.38%)

$ETH Ethereum
/

+

$BTC Bitcoin
/

+

SI Silvergate Capital
$148.75 /

+0.52 (+0.35%)

RIOT Riot Blockchain
$28.46 /

-0.97 (-3.30%)

OSTK Overstock.com
$79.56 /

-1.31 (-1.62%)

NVDA Nvidia
$230.13 /

+3.26 (+1.44%)

MARA Marathon Digital
$49.28 /

-1.55 (-3.05%)

IDEX Ideanomics
$1.96 /

-0.045 (-2.25%)

FB Facebook; also tag MVRS
$324.83 /

-17.265 (-5.05%)

COIN Coinbase
$299.04 /

-1.19 (-0.40%)

CBOE Cboe Global Markets
$126.56 /

-0.48 (-0.38%)

AMD AMD
$120.28 /

+0.94 (+0.79%)

$ETH Ethereum
/

+

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