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Fly News Breaks for December 17, 2018
BKS, LULU, SMG, CLXT, SWK
Dec 17, 2018 | 10:13 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Stanley Black & Decker (SWK) upgraded to Buy from Hold at Deutsche Bank with analyst Nicole DeBlase saying she believes the tariffs headwinds facing the company are easing. 2. Calyxt (CLXT) upgraded to Buy from Neutral at Goldman Sachs analyst Adam Samuelson saying the shares are down 42% since his September 7 initiation "despite several positive developments as the company approaches commercialization." 3. Scotts Miracle-Gro (SMG) upgraded to Outperform from Market Perform at Raymond James. 4. Lululemon (LULU) upgraded to Buy from Hold at Stifel with analyst Jim Duffy saying while Lululemon's comps will "inevitably slow against difficult compares," its double-digit revenue growth can continue. 5. Barnes & Noble (BKS) upgraded to Buy from Hold at Craig-Hallum analyst Alex Fuhrman saying initial Q4 checks have indicated improved results, continued cost controls and better holiday sales results, which, combined with the ongoing sales process, should provide "intriguing" upside potential. 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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