| 2020-09-29 09:54:28|
D, HSY… 09:54 09/29 09/29/20
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Dominion (D) upgraded to Overweight from Neutral at JPMorgan with analyst Jeremy Tonet saying U.S. utilities are "ideally situated" to capitalize on state environmental policies that continue to increase and accelerate renewable energy initiatives. 2. Hershey (HSY) upgraded to Outperform from Market Perform at BMO Capital with analyst Kenneth Zaslow saying despite an ongoing valuation premium to its food peers, Hershey has become a "compelling investment." 3. Square (SQ) upgraded to Outperform from Peer Perform at Wolfe Research. 4. RH (RH) upgraded to Outperform from Market Perform at Cowen with analyst Max Rakhlenko saying he is constructive on RH's transformation and sees upside to the company's long-term targets on revenue. 5. Forward Air (FWRD) upgraded to Outperform from Market Perform at Raymond James with analyst Patrick Tyler Brown saying he views Forward as uniquely positioned to capitalize on a tightening freight market and a robust LTL pricing backdrop, anchored by its accelerating LTL door-door expansion, primarily focused on time sensitive LTL freight. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.