Fly Intel: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Square (SQ) upgraded to Neutral from Underperform at BofA with analyst Jason Kupferberg saying the "deceleration risk" of the company's Cash App business has been "more appropriately" priced in as the stock now trades 25% below August highs and 15% since reporting a Q3 earnings miss earlier this month, the analyst tells investors in a research note. 2. HeadHunter (HHR) upgraded to Buy from Neutral at BofA with analyst Evgeny Annenkov saying the Russian labor market is expected to remain tight in the next five years, which should accelerate monetization for the company. 3. EngageSmart (ESMT) upgraded to Strong Buy from Outperform at Raymond James with analyst John Davis saying the stock's 36% decline since the Q3 report is "nearly unexplainable." 4. Tronox (TROX) double-upgraded to Buy from Sell at UBS with analyst Joshua Spector "abandoning" his prior negative stance on the direction of titanium dioxide price for a "more constructive" outlook, noting that while he had been concerned that China TiO2 pricing would weaken, impacting the upward trajectory in western markets, this has not played out. 5. Kimbell Royalty upgraded to Overweight from Equal Weight at Wells Fargo with analyst Joseph McKay saying the stock's recent underperformance creates an attractive entry point given Kimbell's "premium quality assets" and impending balance sheet inflection. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.