2020-01-29 10:19:49 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Apple (AAPL) upgraded to Hold from Sell at Maxim and to Neutral from Reduce at New Street. 2. Facebook (FB) upgraded to Strong Buy from Outperform at Raymond James with analyst Aaron Kessler saying he expects Facebook to reported revenue and earnings upside in Q4 as his channel checks point to "solid growth." 3. Harley-Davidson (HOG) upgraded to Sector Weight from Underweight at KeyBanc with analyst Brett Andress saying while he believes Harley-Davidson's ongoing challenges are unlikely to abate near-term, he views yesterday's selloff as more indicative of sentiment bottoming as estimates gravitate lower. 4. AMD (AMD) upgraded to Buy from Hold at Summit Insights with analyst Kinngai Chan saying he sees AMD gaining share from Intel in the server market and believes the pace of gross margin expansion can accelerate through 2020. 5. General Electric (GE) upgraded to Buy from Neutral at BofA with analyst Andrew Obin saying the company's Q4 Industrial free cash flow was better than his forecast and, "more importantly," its 2020 guidance for Industrial free cash flow of $2B-$4B excluding Biopharma was materially higher than his prior forecast of $0.7B adjusted for timing of the Biopharma sale. 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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