2020-09-21 10:01:48 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Scientific Games (SGMS) upgraded to Buy from Hold at Jefferies with analyst David Katz saying that he now sees "prospects for value creation not seen in 20 years" following the change in ownership, governance and leadership. 2. Oracle (ORCL) upgraded to Outperform from Sector Perform at RBC Capital with analyst Alex Zukin citing the company's acquisition of TikTok as a Oracle Cloud Infrastructure customer as a potential catalysts to shares. 3. Public Storage (PSA) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Ronald Kamdem saying move-in activity has staged a "V-shaped recovery" with activity sharply recovered in July for a number of storage REITs. 4. ManpowerGroup (MAN) upgraded to Buy from Hold at Truist with analyst Tobey Sommer saying he expects the company to achieve higher margins at lower revenue levels amid a mix-shift towards professional staffing and talent solutions, expense control and acquisitions. 5. Meritage Homes (MTH) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Truman Patterson saying he believes Meritage Homes has been highly active in the land markets, recently and over the past couple years, while also shifting to greater optioned land with less development risk. 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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