2021-07-30 09:35:07 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. T-Mobile (TMUS) upgraded to Outperform from Sector Perform at RBC Capital with analyst Kutgun Maral saying the company's Q2 earnings beat continued to demonstrate the company's impressive execution, adding that while T-Mobile has long been among his "preferred wireless operators," he was always concerned about the heightened wireless competition and merger integration uncertainty. 2. Albany International (AIN) upgraded to Buy from Neutral at BofA with analyst Ronald Epstein saying he is positive on the company's "material exposure" to the narrowbody segment and its position of a exclusive life-of-program supplier of composite fan blades, fan cases and spacers for all the variants of the CFM LEAP engine. 3. SPS Commerce (SPSC) upgraded to Outperform from Neutral at Baird with analyst Joe Vruwink saying the company reported an acceleration in Q2 organic growth and addressed concerns on "steady-state" performance going forward by raising annual growth targets for revenue and adjusted EBITDA. 4. Gentherm (THRM) upgraded to Buy from Hold at Craig-Hallum with analyst Ryan Sigdahl saying Gentherm is executing well in a challenging production environment. 5. KLA Corp. (KLAC) upgraded to Buy from Hold at Needham with analyst N. Quinn Bolton stating that the company had historically underperformed in past WFE upcycles but now will be an outperformer in the current WFE upcycle, and will continue to outperform in the next WFE downcycle. 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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