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Fly News Breaks for January 31, 2020
Jan 31, 2020 | 09:57 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Altria Group (MO) upgraded to Overweight from Neutral at Piper Sandler with analyst Michael Lavery saying Altria no longer expects Juul equity income contribution through 2022, as it now plans to apply fair value accounting. 2. PayPal (PYPL) upgraded to Buy from Neutral at Guggenheim with analyst Jeff Cantwell saying the "rather muted" reaction to the company's Q4 results and updated outlook has created an opportunity for investors. 3. Tractor Supply (TSCO) upgraded to Buy from Neutral at BofA with analyst Elizabeth Suziki saying while the company posted a 0.1% increase in comps, it would have been in line with her estimate of 2.5% when excluding for adverse weather and accounting for a shorter holiday season. 4. Adient (ADNT) upgraded to Buy from Neutral at BofA with analyst John Murphy citing the company's "much stronger than expected" Q1 results and FY20 guidance raise. 5. United Therapeutics (UTHR) upgraded to Overweight from Neutral at JPMorgan with analyst Jessica Fye saying after two reported quarters of minimal generic impact to Remodulin and recent management comments supportive of this trend despite two additional approvals, she is increasingly confident in Remodulin's "resilience" through 2020. 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 MO;PYPL;TSCO;ADNT;UTHR From the Last 2 Days
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