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Fly News Breaks for August 2, 2019
FMC, PINS, WBK, KR, SVMK
Aug 2, 2019 | 10:19 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. FMC Corporation (FMC) upgraded to Buy from Neutral at Goldman Sachs with analyst Adam Samuelson saying he views FMC as a as "unique crop protection pure-play" with favorable growth prospects related to its diamides business and a "healthy" pipeline of crop protection active ingredients. 2. Pinterest (PINS) upgraded to Buy from Hold at Deutsche Bank with analyst Lloyd Walmsley saying he raised his estimates meaningfully following last night's Q2 results on more confidence that the company can scale its ad business, in the U.S. and internationally, faster than expected. 3. Westpac Banking (WBK) upgraded to Equal Weight from Underweight at Morgan Stanley. 4. Kroger (KR) upgraded to Buy from Hold at Pivotal Research with analyst Ajay Jain saying despite a lack of near-term catalysts, Kroger shares are "simply mispriced at this time." 5. SurveyMonkey (SVMK) upgraded to Buy from Neutral at UBS with analyst Eric Sheridan saying the company's execution points towards "strong" compounding growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For FMC;PINS;WBK;KR;SVMK From the Last 2 Days
KR
Mar 28, 2024 | 09:53 EDT
Telsey Advisory analyst Joseph Feldman raised the firm's price target on Kroger to $62 from $60 and keeps an Outperform rating on the shares. The firm's meetings with Kroger and investors have increased the firm's visibility and confidence in Kroger's sustainable long-term growth opportunity, the analyst tells investors. Further, Kroger is transitioning to a food-first model from traditional food retail. This transition should create new growth areas that are significantly more profitable than food retail and should boost the profit profile over time, the firm adds.
PINS
Mar 27, 2024 | 15:57 EDT
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