| 2021-09-15 09:58:33|
TECH, SE… 09:58 09/15 09/15/21
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Bio-Techne (TECH) upgraded to Overweight from Sector Weight at KeyBanc with analyst Paul Knight saying management held an upbeat Analyst Day on September 10 and provided a FY26 revenue goal that is twice FY21 revenue. 2. Sea Limited (SE) upgraded to Buy from Hold at Stifel with analyst Scott Devitt saying the company is an "industry leader" in both gaming and e-commerce and its two core businesses have experienced "tremendous growth" over the past year. 3. Alcoa (AA) upgraded to Buy from Hold at Argus with analyst David Coleman citing its improving balance sheet, rising aluminum prices and recent developments in the Chinese market. 4. Matador (MTDR) upgraded to Overweight from Neutral at JPMorgan with analyst Arun Jayaram citing the company's "continued operational outperformance," an attractive mix of growth and free cash flow generation and increasing shareholder returns for the upgrade. 5. Knight-Swift (KNX), Schneider National (SNDR) and Werner (WERN) all upgraded to Outperform from Market Perform at Cowen with analyst Jason Seidl saying the consensus view appears to be underestimating the trucking industry's pricing power in 2022. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.