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Fly News Breaks for March 20, 2019
WLL, DLTR, NVRO, CREE, TXRH
Mar 20, 2019 | 10:00 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Texas Roadhouse (TXRH) upgraded to Overweight from Equal Weight at Stephens with analyst Will Slabaugh saying he thinks the company can deliver better than expected same-store sales and EPS growth as it implements a price increase at the beginning of Q2. 2. Cree (CREE) upgraded to Outperform from Market Perform at JMP Securities with analyst Joseph Osha stating he believes that he has been too conservative on the valuation front given his view that Cree "is positioned squarely at the center of some of the most interesting developments in the electronics business." 3. Nevro (NVRO) upgraded to Outperform from Market Perform at Wells Fargo with analyst Lawrence Biegelsen noting that incoming CEO Keith Grossman has successfully turned around the previous two companies he led and saying he is "highly confident" he will be successful in turning around Nevro. 4. Dollar Tree (DLTR) upgraded to Outperform from Market Perform at Telsey Advisory with analyst Joseph Feldman saying meetings with management gave him increased visibility and confidence in the company's plan and he believes Dollar Tree should see a return to earnings growth in the second half of 2019. 5. Whiting Petroleum (WLL) upgraded to Overweight from Equalweight at Capital One citing an increased oil price deck. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.