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Fly News Breaks for September 12, 2018
DXCM, IMMR, BSTI, TIF, TERP
Sep 12, 2018 | 10:21 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. TerraForm Power (TERP) upgraded to Neutral from Sell at Goldman Sachs with analyst Brian Lee saying the recent underperformance of the shares has driven a more balanced risk/reward profile. 2. Tiffany (TIF) upgraded to Outperform from Perform at Oppenheimer with analyst Brian Nagel stating he believes the risk/reward trade-off in owning the stock nearer term is now much more favorable. 3. Best Inc. (BSTI) upgraded to Outperform from Neutral at Macquarie with analyst Eric Zong saying he believes Best's current valuation reflects the value of the express delivery business, approximately $6.53/share, but ignores the remaining business. 4. Immersion (IMMR) upgraded to Buy from Hold at Craig-Hallum with analyst Anthony Stoss stating he believes the stock is now back into favorable risk/reward waters. 5. DexCom (DXCM) upgraded to Market Perform from Underperform at Northland with analyst Suraj Kalia saying he was "dead wrong" on the stock and G6 should continue to grow. 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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