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Fly News Breaks for September 18, 2018
Sep 18, 2018 | 10:30 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Cognizant (CTSH) upgraded to Buy from Hold at HSBC. 2. Casey's General Stores (CASY) upgraded to Buy from Neutral at Northcoast with analyst Chuck Cerankosky saying management's plan to enhance earnings growth and shareholder value is well underway as demonstrated by Q1 results. 3. Occidental Petroleum (OXY) upgraded to Buy from Hold at Edward Jones. 4. Vale (VALE) upgraded to Neutral from Underperform at Exane BNP Paribas. 5. Targa Resources (TRGP) upgraded to Outperform from Market Perform at Wells Fargo with analyst Michael Blum saying with the addition of the Grand Prix pipeline, Targa should have a fully integrated suite of natural gas liquids logistics assets from gathering and processing in the Permian to pipeline to fractionation to liquefied petroleum gas export. 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 CTSH;CASY;OXY;VALE;TRGP From the Last 2 Days
Oct 19, 2018 | 07:13 EDT
Deutsche Bank analyst Bryan Keane sees a favorable risk/reward on Cognizant Technology Solutions ahead of the company's Q3 results on October 30. The IT spending environment appears healthy and Digital "continues to be a lever for growth with low-20% sustainable in the near-future," Keane tells investors in a research note. He finds the stock attractively valued and keeps a Buy rating on the name.