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Fly News Breaks for September 21, 2017
FDS, PEG, SEE, DB, INTU
Sep 21, 2017 | 10:23 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Intuit (INTU) upgraded to Outperform from Market Perform at Wells Fargo with analyst Siti Panigrahi saying share gains in the consumer tax business and QuickBooks expansion into self-employed and international markets should drive double-digit revenue and earnings growth over the coming years. 2. Deutsche Bank (DB) upgraded to Hold from Reduce at HSBC wityh analyst Alevizos Alevizakos citing valuation with the shares down 15% since the second quarter report. 3. Sealed Air (SEE) upgraded to Buy from Neutral at BofA/Merrill with analyst George Staphos saying the share drop combined with growth outlook provide an opportunity. 4. PSEG (PEG) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Devin McDermott saying he sees its risk-reward profile as "skewed heavily to the upside" given the stock's underperformance year-to-date versus peers and the several constructive regulatory initiatives that are pending. 5. FactSet (FDS) upgraded to Buy from Neutral at Northcoast. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.