| 2021-04-08 09:53:22|
TXT, MSM… 09:53 04/08 04/08/21
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Textron (TXT) upgraded to Buy from Neutral at Goldman Sachs with analyst Noah Poponak saying leading indicators in the business jet market have improved, especially in Textron's aircraft categories and for Cessna aircraft specifically. 2. MSC Industrial (MSM) upgraded to Overweight from Equal Weight at Wells Fargo and upgraded to Outperform from Market Perform at William Blair following Q2 results. 3. Viper Energy (VNOM) upgraded to Overweight from Neutral at Piper Sandler with analyst Pearce Hammond believing the recent 20% decline in the share price provides an attractive entry point. 4. BrightSphere (BSIG) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Michael Cyprys saying the company's pace of execution on strategic alternatives has accelerated with the recent announced sales of Landmark and ICM expected to close in Q2, seeing the company building "a substantial $1B cash pile pro forma" that he expects to be put towards meaningful share repurchases. 5. Bilibili (BILI) upgraded to Outperform from Neutral at Credit Suisse with analyst Kenneth Fong saying despite Bilibili's recent share price correction, the analyst sees little change in the fundamentals. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.