| 2021-06-10 09:53:26|
NOW, IOVA… 09:53 06/10 06/10/21
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. ServiceNow (NOW) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Kash Rangan saying the analyst came away from a meeting with management "incrementally positive" on ServiceNow's improving near-term fundamentals with potential to accelerate subscription revenue in 2022. 2. Iovance (IOVA) upgraded to Outperform from Market Perform at JMP Securities with analyst Reni Benjamin citing the delayed filing of the lifileucel, lack of clarity regarding potency assays, and the abrupt departure of the CEO. 3. F5 Networks (FFIV) upgraded to Outperform from Neutral at Credit Suisse with analyst Sami Badri saying the company's tone was "very confident" and "illustrated significantly better than what we believe the market suggests" about its business. 4. Wingstop (WING) upgraded to Buy from Neutral at BTIG with analyst Peter Saleh citing a series of calls with franchisees which give him confidence that the company's domestic development is accelerating in spite of the record-high wing prices and labor shortages. 5. UPS (UPS) upgraded to Overweight from Neutral at JPMorgan with analyst Brian Ossenbeck saying the company's investor day provided "incremental positives" around pricing power, capacity discipline and the dividend yield. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.