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Fly News Breaks for August 29, 2019
TGE, NXGN, FISV, HPE, JBL
Aug 29, 2019 | 10:18 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Jabil (JBL) double upgraded to Buy from Sell at Citi with analyst Jim Suva saying the company's customer concentration risk has played out. 2. HP Enterprise (HPE) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying the company is facing "top-line challenges" but its positive earnings comparisons imply an "improving" sales mix. 3. Fiserv (FISV) upgraded to Buy from Neutral at Citi with analyst Ashwin Shirvaikar saying Fiserv acquired an attractive asset in First Data and the stock of the combined company offers a good idea in a volatile market. 4. NextGen Healthcare (NXGN) upgraded to Sector Weight from Underweight at KeyBanc with analyst Donald Hooker saying he believes the compact is having success re-accelerating its organic revenue growth rates into the low-single digits. 5. Tallgrass Energy (TGE) upgraded to Neutral from Underperform at BofA/Merrill analyst Dennis Coleman citing the disclosure of a take-private proposal from Blackstone Infrastructure Partners earlier this week. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.