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Fly News Breaks for March 8, 2019
BCE, WAGE, BPL, SEAS, HZNP
Mar 8, 2019 | 10:01 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Horizon Pharma (HZNP) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst David Risinger citing the stock's 6% slide on March 5 due to its disclosure of the receipt of a civil investigative demand from the DOJ, noting that management responded by conveying high confidence in the company's legal compliance. 2. SeaWorld (SEAS) upgraded to Outperform from Neutral at Macquarie. 3. Buckeye Partners (BPL) upgraded to Buy from Neutral at UBS with analyst Shneur Gershuni saying after reviewing the company's annual report, the analyst sees better leverage metrics for Buckeye relative to what he previously thought. 4. WageWorks (WAGE) upgraded to Outperform from Market Perform at Wells Fargo with analyst Jamie Stockton saying he believes WageWorks will get its financials restated reasonably soon, and this restatement should not materially affect estimates. 5. BCE (BCE) upgraded to Buy from Hold at Argus with analyst John Eade citing the company's position as the largest communications entity in Canada and his expectations of consistent income for investors. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
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