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Fly News Breaks for June 5, 2019
WEX, FLT, ELF, MDT, CRON, ROKU
Jun 5, 2019 | 10:11 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Roku (ROKU) upgraded to Buy from Neutral at Guggenheim with analyst Michael Morris saying he sees "strong secular tailwinds" for streaming video consumption and believes the company's Q1 results were representative of the core trajectory for its key metrics. 2. Cronos Group (CRON) double upgraded to Buy from Underperform at BofA/Merrill with analyst Christopher Carey saying he has improved confidence that Cronos is near announcing a launch in the U.S., following recent comments by management. 3. Medtronic (MDT) upgraded to Outperform from Market Perform at Wells Fargo with analyst Lawrence Biegelsen saying the company's late stage pipeline will accelerate its growth into fiscal 2021. 4. e.l.f. Beauty (ELF) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Dara Mohsenian saying he views valuation as more reasonable following the 53% drop in the stock over the last year. 5. FleetCor (FLT) and Wex (WEX) upgraded to Buy from Neutral at Goldman Sachs. 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 ROKU;CRON;MDT;ELF;FLT;WEX From the Last 2 Days
CRON
Apr 18, 2024 | 11:35 EDT
In this edition of "Rising High," The Fly conducted an exclusive interview with Brendan Mitchel-Chesebro, industry analyst at BDSA, a Colorado-based cannabis market research and data analytics firm. Here are some... To see the rest of the story go to thefly.com. See Story Here
ELF
Apr 17, 2024 | 16:32 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
ELF
Apr 17, 2024 | 11:59 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
ELF
Apr 17, 2024 | 06:59 EDT
TD Cowen analyst Oliver Chen upgraded e.l.f. Beauty to Buy from Hold with a price target of $190, down from $220. The analyst sees potential for e.l.f. to double its business by fiscal 2027 with shelf space and international expansion as the driving forces. The firm sees the company's new product innovations boosting overall growth at key franchises like Halo and Putty. It calls e.l.f. a "structural growth story with robust growth drivers" and expects the stock's valuation multiple to re-rate higher.