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On The Fly
Square, Workhorse downgrades among today's top calls on Wall Street » 09:57
02/24/21
02/24
09:57
02/24/21
09:57
SQ

Square

$236.77 /

-19.77 (-7.71%)

, WKHS

Workhorse Group

$14.61 /

-1.84 (-11.19%)

, OSK

Oshkosh

$120.00 /

+10.33 (+9.42%)

, RIDE

Lordstown Motors

$19.99 /

+0.3 (+1.52%)

, TCOM

Trip.com Group

$40.54 /

-0.36 (-0.88%)

, XM

Qualtrics

$43.46 /

+0.22 (+0.51%)

, AEO

American Eagle

$26.43 /

+0.86 (+3.36%)

Check out today's top…

ShowHide Related Items >><<
XM Qualtrics
$43.46 /

+0.22 (+0.51%)

WKHS Workhorse Group
$14.61 /

-1.84 (-11.19%)

SQ Square
$236.77 /

-19.77 (-7.71%)

RIDE Lordstown Motors
$19.99 /

+0.3 (+1.52%)

OSK Oshkosh
$120.00 /

+10.33 (+9.42%)

AEO American Eagle
$26.43 /

+0.86 (+3.36%)

SQ Square
$236.77 /

-19.77 (-7.71%)

02/24/21
Fly Intel: Top five analyst downgrades
02/24/21 Credit Suisse
Square price target raised to $270 from $210 at Credit Suisse
02/24/21 Canaccord
Square price target raised to $280 from $200 at Canaccord
02/24/21 Truist
Square price target raised to $325 from $300 at Truist
WKHS Workhorse Group
$14.61 /

-1.84 (-11.19%)

02/24/21 Oppenheimer
Opco downgrades Workhorse after Postal Service snub despite backlog
02/24/21 Roth Capital
Roth cuts Workhorse target to $15 after 'highly unusual' contract loss
02/24/21 Oppenheimer
Workhorse Group downgraded to Perform from Outperform at Oppenheimer
OSK Oshkosh
$120.00 /

+10.33 (+9.42%)

02/24/21 Evercore ISI
Oshkosh price target raised to $133 from $120 at Evercore ISI
02/24/21 KeyBanc
Oshkosh price target raised to $125 from $104 at KeyBanc
RIDE Lordstown Motors
$19.99 /

+0.3 (+1.52%)

02/11/21 Morgan Stanley
Lordstown Motors initiated with an Underweight at Morgan Stanley
01/29/21 Wolfe Research
Wolfe upgrades Lordstown Motors to Peer Perform, says 'narrative has changed'
01/29/21 Wolfe Research
Lordstown Motors upgraded to Peer Perform from Underperform at Wolfe Research
TCOM Trip.com Group
$40.54 /

-0.36 (-0.88%)

02/24/21
Fly Intel: Top five analyst initiations
02/24/21 Bernstein
Trip.com Group initiated with an Outperform at Bernstein
01/05/21 Benchmark
GM, Roku, Marcus among Benchmark's Best Ideas for first half of 2021
12/28/20 UBS
Pinduoduo, JD could benefit if Alibaba forced to be less aggressive, says UBS
XM Qualtrics
$43.46 /

+0.22 (+0.51%)

02/24/21 BofA
Qualtrics initiated with a Neutral at BofA
02/23/21
Fly Intel: Top five analyst initiations
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
AEO American Eagle
$26.43 /

+0.86 (+3.36%)

02/24/21 Cowen
American Eagle upgraded to Outperform from Market Perform at Cowen
02/24/21 Cowen
American Eagle upgraded to Outperform from Market Perform at Cowen
01/25/21 RBC Capital
American Eagle upgraded to Outperform from Sector Perform at RBC Capital
01/25/21 RBC Capital
American Eagle upgraded to Outperform from Sector Perform at RBC Capital
WKHS Workhorse Group
$14.61 /

-1.84 (-11.19%)

TCOM Trip.com Group
$40.54 /

-0.36 (-0.88%)

SQ Square
$236.77 /

-19.77 (-7.71%)

OSK Oshkosh
$120.00 /

+10.33 (+9.42%)

AEO American Eagle
$26.43 /

+0.86 (+3.36%)

  • 28
    Jan
WKHS Workhorse Group
$14.61 /

-1.84 (-11.19%)

SQ Square
$236.77 /

-19.77 (-7.71%)

RIDE Lordstown Motors
$19.99 /

+0.3 (+1.52%)

OSK Oshkosh
$120.00 /

+10.33 (+9.42%)

AEO American Eagle
$26.43 /

+0.86 (+3.36%)

XM Qualtrics
$43.46 /

+0.22 (+0.51%)

WKHS Workhorse Group
$14.61 /

-1.84 (-11.19%)

TCOM Trip.com Group
$40.54 /

-0.36 (-0.88%)

SQ Square
$236.77 /

-19.77 (-7.71%)

RIDE Lordstown Motors
$19.99 /

+0.3 (+1.52%)

OSK Oshkosh
$120.00 /

+10.33 (+9.42%)

AEO American Eagle
$26.43 /

+0.86 (+3.36%)

XM Qualtrics
$43.46 /

+0.22 (+0.51%)

WKHS Workhorse Group
$14.61 /

-1.84 (-11.19%)

TCOM Trip.com Group
$40.54 /

-0.36 (-0.88%)

SQ Square
$236.77 /

-19.77 (-7.71%)

RIDE Lordstown Motors
$19.99 /

+0.3 (+1.52%)

AEO American Eagle
$26.43 /

+0.86 (+3.36%)

Initiation
Qualtrics initiated with a Neutral at BofA » 06:38
02/24/21
02/24
06:38
02/24/21
06:38
XM

Qualtrics

$43.24 /

-2.26 (-4.97%)

BofA analyst Daniel…

BofA analyst Daniel Bartus initiated coverage of Qualtrics with a Neutral rating and $50 price target. The analyst is positive on the company's "large and growing" total addressable market, its "strong leadership position" as highlighted by his conversations in the industry, and its "compelling" land-and-expand opportunity with customers more focused on experience management programs. Bartus warns however that Qualtrics is trading at a premium valuation of 24-times enterprise value to expected 2022 sales.

ShowHide Related Items >><<
XM Qualtrics
$43.24 /

-2.26 (-4.97%)

XM Qualtrics
$43.24 /

-2.26 (-4.97%)

02/23/21
Fly Intel: Top five analyst initiations
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
  • 28
    Jan
XM Qualtrics
$43.24 /

-2.26 (-4.97%)

XM Qualtrics
$43.24 /

-2.26 (-4.97%)

XM Qualtrics
$43.24 /

-2.26 (-4.97%)

Over a week ago
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
Qualtrics initiated with an Equal Weight at Morgan Stanley » 08:12
02/23/21
02/23
08:12
02/23/21
08:12
XM

Qualtrics

$45.61 /

+0.54 (+1.20%)

Morgan Stanley analyst…

Morgan Stanley analyst Keith Weiss initiated coverage of Qualtrics with an Equal Weight rating and $44 price target. While he admits that the Qualtrics Experience Platform "maintains a leading position" ahead of an estimated $47B market opportunity, Weiss sees the shares being "priced for perfection," noting that the stock's current valuation is "a premium to the most expensive software names."

ShowHide Related Items >><<
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

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
02/23/21 JPMorgan
Qualtrics initiated with an Overweight at JPMorgan
  • 28
    Jan
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

Initiation
Qualtrics initiated with an Outperform at Raymond James » 07:48
02/23/21
02/23
07:48
02/23/21
07:48
XM

Qualtrics

$45.61 /

+0.54 (+1.20%)

Raymond James analyst…

Raymond James analyst Brian Peterson initiated coverage of Qualtrics with an Outperform rating and $55 price target. While the stock is far from cheap and has surged 49% since the IPO price, Peterson still thinks the long-term outlook for shares looks constructive, the analyst tells investors in a research note. He sees a number of secular tailwinds driving increased adoption for experienced management, suggesting that the broader category could see a factor level increase in spend longer-term.

ShowHide Related Items >><<
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

02/23/21 Canaccord
Qualtrics initiated with a Buy at Canaccord
02/23/21 Loop Capital
Qualtrics initiated with a Hold at Loop Capital
02/23/21 JPMorgan
Qualtrics initiated with an Overweight at JPMorgan
02/23/21 Truist
Qualtrics initiated with a Buy at Truist
  • 28
    Jan
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

Initiation
Qualtrics initiated with a Buy at Canaccord » 07:36
02/23/21
02/23
07:36
02/23/21
07:36
XM

Qualtrics

$45.61 /

+0.54 (+1.20%)

Canaccord analyst David…

Canaccord analyst David Hynes initiated coverage of Qualtrics with a Buy rating and $54 price target. The analyst said the experience management market opportunity is huge and despite it being a leader, is only seeing single digit penetration. He believes they are the furthest along in delivering and end to end experience for collecting experience data.

ShowHide Related Items >><<
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

02/23/21 Loop Capital
Qualtrics initiated with a Hold at Loop Capital
02/23/21 JPMorgan
Qualtrics initiated with an Overweight at JPMorgan
02/23/21 Truist
Qualtrics initiated with a Buy at Truist
02/23/21 JMP Securities
Qualtrics initiated with an Outperform at JMP Securities
  • 28
    Jan
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

Initiation
Qualtrics initiated with a Hold at Loop Capital » 07:10
02/23/21
02/23
07:10
02/23/21
07:10
XM

Qualtrics

$45.61 /

+0.54 (+1.20%)

Loop Capital analyst Yun…

Loop Capital analyst Yun Kim initiated coverage of Qualtrics with a Hold rating and $45 price target. The company is "well positioned" to fully capture the emerging experience management market opportunity which is currently "highly fragmented" and "significantly underpenetrated", but at 29- and 24-times expected 2021 and 2022 sales, the stock "fairly" values its near-term opportunity, the analyst tells investors in a research note.

ShowHide Related Items >><<
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

02/23/21 JPMorgan
Qualtrics initiated with an Overweight at JPMorgan
02/23/21 Truist
Qualtrics initiated with a Buy at Truist
02/23/21 JMP Securities
Qualtrics initiated with an Outperform at JMP Securities
02/23/21 Evercore ISI
Qualtrics initiated with an In Line at Evercore ISI
  • 28
    Jan
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

Initiation
Qualtrics initiated with an Overweight at JPMorgan » 07:08
02/23/21
02/23
07:08
02/23/21
07:08
XM

Qualtrics

$45.61 /

+0.54 (+1.20%)

JPMorgan analyst Mark…

JPMorgan analyst Mark Murphy initiated coverage of Qualtrics with an Overweight rating and $55 price target. Qualtrics pioneered the experience management space and is now the company leading it with the most forward leaning vision and fastest pace of innovation, per customers, Murphy tells investors in a research note. He believes secular trends such as digital transformation, "solid" revenue growth at scale and an efficient business model makes Qualtrics an "exceptional asset among software companies."

ShowHide Related Items >><<
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

02/23/21 Truist
Qualtrics initiated with a Buy at Truist
02/23/21 JMP Securities
Qualtrics initiated with an Outperform at JMP Securities
02/23/21 Evercore ISI
Qualtrics initiated with an In Line at Evercore ISI
02/23/21 Evercore ISI
SAP reinstated with an In Line at Evercore ISI
  • 28
    Jan
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

Initiation
Qualtrics initiated with a Buy at Truist » 07:07
02/23/21
02/23
07:07
02/23/21
07:07
XM

Qualtrics

$45.61 /

+0.54 (+1.20%)

Truist analyst Terry…

Truist analyst Terry Tillman initiated coverage of Qualtrics with a Buy rating and $60 price target. The analyst is positive on the company as a category leader in the experience management, or XM, software market, with a "constructive" view on its "large" total addressable market for XM evolving into a "strategic, large enterprise spend category". Tillman adds that Qualtrics is well positioned to achieve attractive "long-term compounding growth" thanks to its differentiated platform, strong sales execution, and numerous call options for upside.

ShowHide Related Items >><<
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

02/23/21 JMP Securities
Qualtrics initiated with an Outperform at JMP Securities
02/23/21 Evercore ISI
Qualtrics initiated with an In Line at Evercore ISI
02/23/21 Evercore ISI
SAP reinstated with an In Line at Evercore ISI
02/23/21 Citi
Qualtrics initiated with a Buy at Citi
  • 28
    Jan
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

Initiation
Qualtrics initiated with an Outperform at JMP Securities » 06:43
02/23/21
02/23
06:43
02/23/21
06:43
XM

Qualtrics

$45.61 /

+0.54 (+1.20%)

JMP Securities analyst…

JMP Securities analyst Patrick Walravens initiated coverage of Qualtrics (XM) with an Outperform rating and $55 price target. The company represents an "excellent opportunity" for long-term durable growth because it addresses a large market of as much as $60B and due to its leadership position in the experience management software market with a best-in-class product offering, the analyst tells investors in a research note. Walravens adds that Qualtrics has an "attractive" financial profile with expected 29% revenue growth in 2020 and a relationship with SAP (SAP) that offers a "strong entry point" into its large customer base.

ShowHide Related Items >><<
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

02/23/21 Evercore ISI
Qualtrics initiated with an In Line at Evercore ISI
02/23/21 Evercore ISI
SAP reinstated with an In Line at Evercore ISI
02/23/21 Citi
Qualtrics initiated with a Buy at Citi
02/23/21 BofA
Qualtrics initiated with a Neutral at BofA
  • 28
    Jan
XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

XM Qualtrics
$45.61 /

+0.54 (+1.20%)

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