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Fly News Breaks for October 21, 2019
GLOB, HPE, ED, GIL, CUBE
Oct 21, 2019 | 10:36 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. HP Enterprise (HPE) double-upgraded to Buy from Underperform at BofA/Merrill with analyst Wamsi Mohan saying the company's underlying trends are improving. 2. CubeSmart (CUBE) upgraded to Strong Buy from Outperform at Raymond James with analyst Jonathan Hughes saying he believes Q3 results will be "positive" following what was likely a strong summer leasing season. 3. Consolidated Edison (ED) upgraded to In Line from Underperform at Evercore ISI. 4. Globant (GLOB) upgraded to Overweight from Sector Weight at KeyBanc with analyst Arvind Ramnani saying after recently meeting with management, he has a greater appreciation of its overall growth drivers, and increased margin stability. 5. Gildan Activewear (GIL) upgraded to Hold from Sell at Desjardins. 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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