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Fly News Breaks for August 23, 2019
CEQP, LZB, MO
Aug 23, 2019 | 10:09 EDT
Catch up on today's top analyst upgrades with this list compiled by The Fly: 1. Altria Group (MO) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Pamela Kaufman saying her underperformance thesis has played out and risk/reward appears balanced. 2. La-Z-Boy (LZB) upgraded to Outperform from Market Perform at Raymond James. 3. Crestwood Equity (CEQP) upgraded to Outperform from Sector Perform at RBC Capital with analyst Elvira Scotto saying larger projects are coming online this year and in early 2020, which will result in an increase and cash flow and a meaningful decline in capex 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.
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