2020-02-20 10:07:36 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Fiverr (FVRR) upgraded to Overweight from Neutral at JPMorgan with analyst Doug Anmuth saying the company's second consecutive quarter of revenue growth acceleration to 42.6% year-over-year was driven by the fourth consecutive quarter of acceleration in active buyers growth to 16.5% year-over-year. 2. Ternium (TX) upgraded to Overweight from Neutral at JPMorgan with analyst Rodolfo Angele saying the company's negative earnings momentum has shifted as Q4 likely marked the bottom. 3. Ally Financial (ALLY) upgraded to Buy from Neutral at Nomura Instinet with analyst Bill Carcache saying although the acquisition of CardWorks broadens Ally's consumer lending portfolio, makes it more directly comparable to consumer finance peers, and positions it for earnings accretion, concerns around book value dilution led shares to trade lower by 12% on Wednesday. 4. Analog Devices (ADI) upgraded to Buy from Neutral at Citi with analyst Christopher Danely with the company reported "decent" fiscal Q1 results but provided "mixed" Q2 guidance due to the coronavirus impact. 5. La-Z-Boy (LZB) upgraded to Buy from Hold at Stifel with analyst John Baugh saying the company reported another solid quarter with the highlight being a 10.5% increase in same-store written orders for the entire store system and improved margin in the upholstery segment. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. | |
---|