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Fly News Breaks for October 2, 2019
SPOT, CRI, KTOS, TSCO, IBKR
Oct 2, 2019 | 10:15 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Spotify (SPOT) upgraded to Neutral from Underperform at Credit Suisse with analyst Brian Russo saying with a "negative narrative" gaining momentum since the summer, expectations for a Q3 subscriber miss are now priced into the stock. 2. Carter's (CRI) upgraded to Buy from Neutral at DA Davidson with analyst John Morris saying he believes that the company is better positioned to beat on earnings expectations heading into the Fall and Holiday seasons with diminished cost and investment pressures as well as subsiding "sector-wide consolidation turbulence." 3. Kratos Defense (KTOS) upgraded to Outperform from Market Perform at Noble Capital with analyst Joe Gomes saying the company is continuing to win awards. 4. Tractor Supply (TSCO) upgraded to Buy from Neutral at Northcoast with analyst Charles Cerankosky saying his survey pointed to strong customer demand. 5. Interactive Brokers (IBKR) upgraded to Buy from Neutral at Compass Point. 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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