| 2020-07-16 10:09:57|
JBL, WAT… 10:09 07/16 07/16/20
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Jabil (JBL) upgraded to Buy from Neutral at Goldman Sachs with analyst Mark Delaney saying the company should generate "more sustainable" revenue growth and returns on invested capital due to improved end market exposure and cyclical factors. 2. Waters (WAT) upgraded to Equal Weight from Underweight at Wells Fargo with analyst Dan Leonard saying he believes the company's pick of Udit Batra as its new CEO is a home run and his industry experience and technical background make him uniquely well suited to the role, and well versed in Waters' markets, products and opportunities. 3. Cognizant (CTSH) was upgraded to Outperform from Neutral at Wedbush and to Outperform from Market Perform at BMO Capital. 4. Dell Technologies (DELL) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Katy Huberty saying the company and VMware (VMW) each issued statements that they are considering a spinoff by Dell of its VMWare stake. 5. Harley-Davidson (HOG) upgraded to Outperform from Neutral at Wedbush with analyst James Hardiman saying the company's potential demand drivers and margin opportunities are now "extremely compelling." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.