| 2021-05-17 09:56:30|
DISCA, TCOM… 09:56 05/17 05/17/21
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Discovery (DISCA) upgraded to Buy from Neutral at Citi with analyst Jason Bazinet believing the media transaction makes sense for both AT&T (T) and Discovery. 2. Trip.com Group (TCOM) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Alex Poon seeing an upward revenue revision cycle beginning in Q2, driven by "normalized" domestic travel. 3. Cummins (CMI) upgraded to Buy from Neutral at BofA with analyst Ross Gilardi saying while he acknowledges the "easy money has perhaps been made in Cummins," he sees continued outperformance ahead given that he expects further estimate beats ahead, additional internal combustion engine wins and more potential hydrogen wins. 4. Children's Place (PLCE) upgraded to Buy from Neutral at Monness Crespi with analyst Jim Chartier anticipating more than $1.00 earnings per share upside in Q1 and potential 50% upside to consensus earnings for this year. 5. Systemax (SYX) upgraded to Buy from Neutral at Sidoti with analyst Anthony Lebiedzinski saying shares of Systemax have dropped 23% since the company's report of lower than expected Q1 EPS after the market close on May 4, which Lebiedzinski views as "excessive." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.