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Fly News Breaks for November 14, 2019
ALSN, MTOR, FVRR, SWK, UBER
Nov 14, 2019 | 10:07 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Uber (UBER) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying he believes that the competitive landscape in the company's core Rides and Eats businesses is improving. 2. Stanley Black & Decker (SWK) upgraded to Buy from Underperform at BofA/Merrill with analyst Ross Gilardi saying Stanley has had $350M of annualized run-rate tariff headwind levied against it since the trade war began and any agreement to simply postpone future tariff hikes indefinitely would be positive, while a deal to roll back the September tariff hikes would be "a more important catalyst." 3. Fiverr (FVRR) upgraded to Buy from Neutral at BofA/Merrill with analyst Nat Schindler saying the company's Q3 earnings beat expectations, demonstrating accelerating growth with improving efficiency. 4. Meritor (MTOR) upgraded to Overweight from Sector Weight at KeyBanc. 5. Allison Transmission (ALSN) upgraded to Buy from Neutral at BofA/Merrill. 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 UBER;SWK;FVRR;MTOR;ALSN From the Last 2 Days
UBER
Apr 24, 2024 | 07:48 EDT
Jefferies raised the firm's price target on Uber to $103 from $100 and keeps a Buy rating on the shares. Results should display continued focus on using non-core investments to drive elevated GBV growth, though avoiding a material drop in incremental margins is key to keep investors positive, the analyst tells investors in a preview note for the U.S. Internet group.