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Fly News Breaks for August 2, 2019
SVMK, KR, WBK, PINS, FMC
Aug 2, 2019 | 10:19 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. FMC Corporation (FMC) upgraded to Buy from Neutral at Goldman Sachs with analyst Adam Samuelson saying he views FMC as a as "unique crop protection pure-play" with favorable growth prospects related to its diamides business and a "healthy" pipeline of crop protection active ingredients. 2. Pinterest (PINS) upgraded to Buy from Hold at Deutsche Bank with analyst Lloyd Walmsley saying he raised his estimates meaningfully following last night's Q2 results on more confidence that the company can scale its ad business, in the U.S. and internationally, faster than expected. 3. Westpac Banking (WBK) upgraded to Equal Weight from Underweight at Morgan Stanley. 4. Kroger (KR) upgraded to Buy from Hold at Pivotal Research with analyst Ajay Jain saying despite a lack of near-term catalysts, Kroger shares are "simply mispriced at this time." 5. SurveyMonkey (SVMK) upgraded to Buy from Neutral at UBS with analyst Eric Sheridan saying the company's execution points towards "strong" compounding growth. 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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