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Fly News Breaks for January 14, 2020
MAN, FIVE, APTV, VC, WYNN, GEF
Jan 14, 2020 | 10:08 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Greif (GEF) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Gabe Hajde citing the ongoing cultivation of Caraustar synergies, a more stable pricing outlook for domestic containerboard and contribution from internal investments. 2. Wynn Resorts (WYNN) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Stephen Grambling positive on the company due to a more bullish outlook on Macau, with "negative trends in Macau turning positive and leading indicators in both Las Vegas and Macau strengthening." 3. Visteon (VC) upgraded to Buy from Hold at Deutsche Bank with analyst Emmanuel Rosner viewing Visteon and Aptiv (APTV) as some of the best supplier stories in the group heading into 2020. 4. Five Below (FIVE) upgraded to Outperform from Neutral at Credit Suisse with analyst Judah Frommer saying he's been waiting for an entry point and the company's holiday sales disappointment has provided one. 5. Barclays double upgraded ManpowerGroup (MAN) to Overweight from Underweight with analyst Manav Patnaik finding the near-term risk/reward in Europe appealing. 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 GEF;WYNN;VC;APTV;FIVE;MAN From the Last 2 Days
VC
Apr 26, 2024 | 06:17 EDT
Wells Fargo upgraded Visteon to Equal Weight from Underweight with a price target of $108, up from $106. The firm cites valuation and improving margins for the upgrade. Visteon screens well vs. peers as growth over market helps offset flat LVP, lower labor inflation risk, improving free cash flow and competitor disruption, though risks remain around battery electric vehicle growth and profitability, the analyst tells investors in a research note.
FIVE
Apr 25, 2024 | 16:29 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
FIVE
Apr 25, 2024 | 12:09 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
VC
Apr 25, 2024 | 07:00 EDT
Sees 2024 adjusted EBITDA $470M-$500M and adjusted free cash flow $155M-$185M.
VC
Apr 25, 2024 | 06:58 EDT
Reports Q1 revenue $933M, consensus $977.87M. "Our first quarter results highlight our continued progress on addressing the megatrends of digitalization and electrification that are rapidly changing the automotive industry. I am very proud of our continued operational execution and launching a high number of new products across the globe to support our customers and deliver near-term growth," said CEO Sachin Lawande. "We are also strengthening our future with another strong quarter of new business wins across our digital cockpit products while further diversifying into adjacent end markets."