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LEN

Lennar

$78.57 /

+2.68 (+3.53%)

, KBH

KB Home

$38.39 /

+1.49 (+4.04%)

10:27
09/16/20
09/16
10:27
09/16/20
10:27

Fly Intel: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Lennar (LEN) upgraded to Outperform from Sector Perform at RBC Capital with analyst Michael Dahl saying he believes Lennar's strategic price/pace balance and internal initiatives will protect strong margins against cost inflation and drive core homebuilding returns higher, adding that upside remains from unlocking value in ancillary businesses. 2. KB Home (KBH) upgraded to Outperform from In Line at Evercore ISI with analyst Stephen Kim saying while some will point at "dark clouds," he suggests this is a "golden age" of housing, having enjoyed an unexpected surge in demand throughout the pandemic. 3. Guggenheim analyst Laurent Grandet upgraded Kraft Heinz to Neutral from Sell following what he called a "strong" investor day event that highlighted the significant work the company is doing to reinvigorate its brands. 4. Sirius XM (SIRI) upgraded to Buy from Hold at Benchmark with analyst Matthew Harrigan saying he views the selloff as "unwarranted," adding that it is "even plausible that the market was more spooked by the nearer-term departure of well regarded CFO David Frear." 5. Covetrus (CVET) upgraded to Buy from Hold at Stifel with analyst Jonathan Block saying the Street's 2022 EBITDA estimate may be $40M too low. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

LEN

Lennar

$78.57 /

+2.68 (+3.53%)

KBH

KB Home

$38.39 /

+1.49 (+4.04%)

KHC

Kraft Heinz

$31.38 /

-0.585 (-1.83%)

SIRI

Sirius XM

$5.44 /

+0.085 (+1.59%)

CVET

Covetrus

$23.11 /

+3.49 (+17.79%)

  • 17

    Sep

  • 22

    Nov

LEN Lennar
$78.57 /

+2.68 (+3.53%)

09/16/20 Wedbush
Lennar price target raised to $86 from $81 at Wedbush
09/16/20 Wells Fargo
Lennar price target lowered to $85 from $90 at Wells Fargo
09/16/20 BTIG
Lennar price target raised to $99 from $94 at BTIG
09/16/20 RBC Capital
Lennar upgraded to Outperform from Sector Perform at RBC Capital
KBH KB Home
$38.39 /

+1.49 (+4.04%)

09/16/20 Evercore ISI
KB Home upgraded to Outperform from In Line at Evercore ISI
08/13/20 Seaport Global
KB Home downgraded to Neutral on construction cost concerns at Seaport Global
08/13/20 Seaport Global
KB Home downgraded to Neutral from Buy at Seaport Global
08/11/20 Credit Suisse
KB Home price target raised to $44 from $36 at Credit Suisse
KHC Kraft Heinz
$31.38 /

-0.585 (-1.83%)

09/16/20 JPMorgan
Kraft Heinz risk/reward remains favorable, says JPMorgan
09/16/20 Guggenheim
Guggenheim upgrades Kraft Heinz to Neutral after 'strong' investor day
09/16/20 Guggenheim
Kraft Heinz upgraded to Neutral from Sell at Guggenheim
09/10/20 DZ Bank
Kraft Heinz upgraded to Buy from Hold at DZ Bank
SIRI Sirius XM
$5.44 /

+0.085 (+1.59%)

09/16/20 Benchmark
Sirius XM upgraded to Buy after 'unwarranted' selloff at Benchmark
09/16/20 Benchmark
Sirius XM upgraded to Buy from Hold at Benchmark
07/21/20 Deutsche Bank
Sirius XM price target raised to $7.50 from $7 at Deutsche Bank
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
CVET Covetrus
$23.11 /

+3.49 (+17.79%)

09/16/20 Stifel
Covetrus upgraded to Buy with $26 price target at Stifel
09/16/20 Stifel
Covetrus upgraded to Buy from Hold at Stifel
08/12/20 Raymond James
Covetrus price target raised to $26 from $14 at Raymond James
06/25/20 Guggenheim
PetIQ price target raised to $44 from $33.50 at Guggenheim

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