2020-11-24 09:56:25 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Barrick Gold (GOLD) upgraded to Buy from Hold at Stifel with analyst Ingrid Rico saying following a "comprehensive review of the operations by region," the financial and operating indicators show the company has been successfully executing on plans following the Randgold merger and the formation of Nevada Gold Mines. 2. Target (TGT) upgraded to Buy from Hold at Argus with analyst Christopher Graja noting that the company's 4.5% increase in comparable transactions in Q3 is an "astoundingly good number" that highlights its growing relevance with shoppers. 3. AerCap (AER) upgraded to Buy from Neutral at BofA with analyst Ronald Epstein noting that the company's "conservative accounting" in recording a Q3 impairment charge of $915M due to lower future lease rate assumptions on current technology widebodies of A330 and Boeing 777 aircraft is "prudent". 4. Wells Fargo (WFC) double upgraded to Outperform from Underperform at Raymond James with analyst David Long saying headwinds stemming from the account opening scandal that broke more than four years ago are starting to rescind. 5. General Electric (GE) upgraded to Outperform from Perform at Oppenheimer with analyst Christopher Glynn telling investors that GE has "clearly set a positive direction" with diligent and better-focused restructuring and cultural accountability taking hold. 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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