| 2019-12-03 10:08:20|
WING, SAM… 10:08 12/03 12/03/19
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Wingstop (WING) upgraded to Buy from Neutral at BTIG with analyst Peter Saleh saying he is positive on the company's strong concept fundamentals and looks ahead to its inaugural investment day for some "eventful developments" that may include the unveiling of new kitchen equipment that materially reduces chicken wing cook times. 2. Boston Beer (SAM) upgraded to Buy from Neutral at UBS with analyst Sean King saying he expects continued double-digit sales and earnings growth from Boston Beer in fiscal 2020 and 2021 and sees upside to 2020 shipment and depletion guidance. 3. Aptiv (APTV) upgraded to Overweight from Neutral at Piper Jaffray with analyst Alexander Potter saying relative to "plain vanilla" auto suppliers, Aptiv's growth profile has "inarguably sheltered" the company from weakening auto production. 4. Danaos (DAC) upgraded to Buy from Hold at Jefferies with analyst Randy Giveans saying Danaos recently completed a secondary offering of 9M shares, which removes an overhang. 5. Ranger Energy (RNGR) upgraded to Outperform from Neutral at Credit Suisse with analyst Jacob Lundberg saying the company's high spec service rig business looks set to outperform the service market. 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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