2021-09-22 09:52:58 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Ambarella (AMBA) upgraded to Overweight from Sector Weight at KeyBanc with analyst John Vinh seeing "multiple favorable tailwinds" related to the adoption of computer vision within the security and automotive end markets amid limited competition with the HiSilicon ban. 2. Xponential Fitness (XPOF) double upgraded to Strong Buy at Raymond James with analyst Joseph Altobello saying the company's leading position in the attractive boutique fitness market, numerous growth opportunities and relatively attractive valuation more than offset near-term risks related to COVID or execution, with the stock's recent pullback largely unjustified. 3. Peoples Bancorp (PEBO) upgraded to Overweight from Neutral at Piper Sandler with analyst R. Scott Siefers increasing earnings estimates to include the recently closed Premier Financial Bancorp transaction and believes Peoples Bancorp's post-deal announcement underperformance has created an attractive entry point for investors. 4. Accenture (ACN) upgraded to Buy from Neutral at MoffettNathanson with analyst Lisa Ellis saying she believes in "the primacy of revenue growth" in IT Services and thinks Accenture can outperform revenue growth expectations in FY22 and FY23 by delivering double-digit percentage revenue growth in both years. 5. Simon Property (SPG) upgraded to Buy from Hold at Argus with analyst Angus Kelleher-Ferguson saying the company is exiting the pandemic with a stronger competitive position as a result of its acquisition of Taubman and its growing omni-channel strategy. 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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