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MELI

MercadoLibre

$1,510.00 /

-16.64 (-1.09%)

, DRI

Darden

$143.99 /

+1.79 (+1.26%)

09:54
05/06/21
05/06
09:54
05/06/21
09:54

Fly Intel: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. MercadoLibre (MELI) upgraded to Buy from Hold at Stifel with analyst Scott Devitt saying the company reported another strong quarter as volume on the platform accelerated sequentially in Brazil and Mexico. 2. Darden (DRI) upgraded to Outperform from Market Perform at Cowen with analyst Andrew Charles saying the analyst believes Olive Garden sales in fiscal 2023 will "overpower" cost and labor headwinds to deliver above-consensus earnings. 3. Ultragenyx (RARE) upgraded to Outperform from In Line at Evercore ISI with analyst Liisa Bayko saying the shares have been under pressure as the Angelman program has been "slow to get back up and running," but management now has a good handle on what it will take to reinitiate the study, which should occur around the middle of this year with data updates by year-end. 4. Restaurant Brands (QSR) upgraded to Buy from Hold at Argus with analyst John Staszak saying the company's emphasis on drive-through purchases should boost revenue going forward. 5. Zynga (ZNGA) upgraded to Buy from Neutral at BofA with analyst Ryan Gee saying the company reported a "strong" Q1 result with "sustainable" double-digit organic growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

MELI

MercadoLibre

$1,510.00 /

-16.64 (-1.09%)

DRI

Darden

$143.99 /

+1.79 (+1.26%)

RARE

Ultragenyx

$115.51 /

+9.38 (+8.84%)

QSR

Restaurant Brands

$69.50 /

+0.465 (+0.67%)

ZNGA

Zynga

$10.42 /

+0.265 (+2.61%)

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MELI MercadoLibre
$1,510.00 /

-16.64 (-1.09%)

05/06/21 Credit Suisse
MercadoLibre price target lowered to $1,824 from $1,850 at Credit Suisse
05/06/21 Stifel
MercadoLibre upgraded to Buy from Hold at Stifel
05/03/21 Credit Suisse
MercadoLibre price target lowered to $1,850 from $1,925 at Credit Suisse
03/31/21 Wolfe Research
MercadoLibre initiated with an Outperform at Wolfe Research
DRI Darden
$143.99 /

+1.79 (+1.26%)

05/06/21 Cowen
Darden upgraded to Outperform from Market Perform at Cowen
04/12/21 JPMorgan
Darden price target raised to $162 from $150 at JPMorgan
03/31/21 Evercore ISI
Texas Roadhouse price target raised to $95 from $83 at Evercore ISI
03/31/21 Evercore ISI
Brinker price target raised to $80 from $66 at Evercore ISI
RARE Ultragenyx
$115.51 /

+9.38 (+8.84%)

05/06/21 Citi
Ultragenyx upgraded to Buy from Neutral at Citi
05/05/21 Evercore ISI
Evercore upgrades Ultragenyx with 'good handle' on Angelman program
05/05/21 Evercore ISI
Ultragenyx upgraded to Outperform from In Line at Evercore ISI
04/26/21 Credit Suisse
Ultragenyx assumed with a Neutral at Credit Suisse
QSR Restaurant Brands
$69.50 /

+0.465 (+0.67%)

05/06/21 Argus
Restaurant Brands upgraded to Buy from Hold at Argus
05/06/21 Argus
Restaurant Brands upgraded to Buy from Hold at Argus
05/03/21 Stephens
Restaurant Brands price target raised to $80 from $70 at Stephens
05/03/21 Truist
Restaurant Brands price target raised to $80 from $70 at Truist
ZNGA Zynga
$10.42 /

+0.265 (+2.61%)

05/06/21 BofA
Zynga upgraded to Buy from Neutral at BofA
05/06/21 BofA
Zynga upgraded to Buy from Neutral at BofA
04/22/21 Jefferies
Zynga assumed with a Buy at Jefferies
04/19/21 BMO Capital
Zynga initiated with an Outperform at BMO Capital

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