2021-10-18 09:54:05 | Fly Intel: Top five analyst upgradesCatch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Fortune Brands (FBHS) upgraded to Outperform from Sector Perform at RBC Capital with analyst Mike Dahl saying investor sentiment around the stock has become too negative given fears around supply chain issues, cost pressures and peer read-throughs, making the current price an attractive entry point to own "one of the higher quality businesses in the space at a reasonable valuation." 2. Martin Marietta (MLM) upgraded to Buy from Neutral at DA Davidson with analyst Brent Thielman citing more catalysts for the stock with signs of improving business momentum that include better lettings, stabilizing commercial activities and pricing. 3. Five9 (FIVN) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Meta Marshall saying that she sees an attractive entry point at the stock's current valuation ahead of the company's analyst day, which can be a catalyst for the stock. 4. Westlake Chemical (WLK) upgraded to Buy from Neutral at BofA with analyst Steve Byrne saying as he believes that Chinese curtailments should drive strength across a number of chemical supply chains through year-end. 5. FMC Corporation (FMC) upgraded to Buy from Hold at Loop Capital with analyst Christopher Kapsch stating that while the stock has underperformed recently, based on his recent checks with contacts within the Agriculture industry, it is not a "broken story," which represents "opportunity." 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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