2020-06-03 10:08:23 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Mattel (MAT) upgraded to Buy from Hold at Jefferies with analyst Stephanie Wissink saying talks with management along with channel checks point to a "stable" second half of 2020 for the company. 2. Hologic (HOLX) upgraded to Outperform from Market Perform at Raymond James with analyst Jayson Bedford saying while concerns around the core women's health business still linger, business opportunities have materially improved with COVID-19. 3. Zoom Video (ZM) was upgraded to Outperform from Sector Perform at RBC Capital and FBN Securities, as well as to Buy from Neutral at DA Davidson. 4. Cracker Barrel (CBRL) upgraded to Buy from Hold at SunTrust with analyst Jake Bartlett citing the company's decline in dine-in comps waning to down 32% relative to an estimated cash flow breakeven at down 45% as well as its incremental cost saving efforts and alcohol sales supporting its long-term model. 5. Cloudera (CLDR) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Sanjit Singh saying he sees "signs of stabilization" and believes the past two quarters highlight management's ability to meet investor expectations while delivering on key product milestones. 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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