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Fly News Breaks for June 13, 2018
VIV, SBNY, EXP, ASML, S
Jun 13, 2018 | 10:06 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Sprint (S) upgraded to Outperform from Market Perform at Raymond James. 2. ASML (ASML) upgraded to Outperform from Sector Perform at RBC Capital with analyst Mitch Steves citing his positive view of the company's EUV lithography system deployment in 2019, adding that its operating margins will also likely be safe despite the higher related spending. 3. Eagle Materials (EXP) upgraded to Buy from Neutral at Northcoast. 4. Signature Bank (SBNY) upgraded to Overweight from Neutral at Piper Jaffray with analyst Matthew Breese saying despite the stock's 8% decline year-to-date, he views the company's fundamentals as improved based on management commentary and a recent uptick in New York City multi-family transaction data. 5. Telefonica Brasil (VIV) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Cesar Medina saying he now prefers the stock over Tim Participacoes (TSU). This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.