2021-09-20 09:55:36 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Colgate-Palmolive (CL) upgraded to Buy from Hold at Deutsche Bank with analyst Steve Powers saying the company has taken over the past few years to instill a "growth mindset." 2. One Group Hospitality (STKS) upgraded to Overweight from Neutral at Piper Sandler with analyst Nicole Miller Regan saying the potential for multiple expansion exists as the company's "asset-light EBITDA stream becomes fairly valued," Miller Regan tells investors in a research note. 3. Ruth's Hospitality (RUTH) upgraded to Overweight from Neutral at Piper Sandler with analyst Nicole Miller Regan saying she likes the company's balanced operating model with 50% company-owned and 50% franchise restaurants. 4. Hello Group (MOMO) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Alex Poon saying the core Momo business is on track to resume positive year-over-year growth for revenue in the second half of 2021 and potentially for operating profit in 2022. 5. Analog Devices (ADI) upgraded to Overweight from Neutral at JPMorgan with analyst Harlan Sur favoring semiconductor companies with "solid market leadership, strong diversification, margin/free cash flow expansion, and with solid payout ratios." 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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