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Fly News Breaks for March 3, 2020
Mar 3, 2020 | 10:17 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. AMD (AMD) upgraded to Overweight from Neutral at Piper Sandler with analyst Harsh Kumar saying the recent pullback in the shares due to the coronavirus provides an attractive opportunity for long-term investors. 2. Tesla (TSLA) upgraded to Outperform from Market Perform at JMP Securities with analyst Joseph Osha stating the recent "market-driven" pullback driven by virus disruptions provides investors with a good opportunity to enter the stock. 3. UPS (UPS) upgraded to Buy from Hold at Deutsche Bank with analyst Amit Mehrotra pointing to "opportunity" following its sell-off and saying the stock appears to be de-risked with an implied dividend yield of 4.4%. 4. Vale (VALE) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Carlos De Alba stating shares are now fully discounting all potential liabilities related to the Brumadinho dam collapse and have become "too cheap to ignore". 5. Yeti (YETI) upgraded to Buy from Neutral at Citi with analyst Wendy Nicholson saying the stock has pulled back 15% year-to-date, but with 96% of its sales in the U.S., Yeti's growth outlook this year should not see any material weakness from the coronavirus. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For AMD;TSLA;UPS;VAL;YETI From the Last 2 Days
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