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Fly News Breaks for February 24, 2020
SRE
Feb 24, 2020 | 17:59 EDT
Vertical Research initiated coverage of Sempra Energy with a Hold rating and $167 price target.
News For SRE From the Last 2 Days
SRE
Apr 19, 2021 | 09:53 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Sempra Energy (SRE) upgraded to Buy from Neutral at Mizuho with analyst Anthony Crowdell saying Sempra sold down 20% of Sempra Infrastructure Partners for an "attractive" 13.4 times multiple. 2. Albemarle (ALB) upgraded to Outperform from In Line at Evercore ISI with analyst Stephen Richardson saying after reaching a bottom in the second half of 2020, lithium pricing has continued to move higher led by battery grade carbonate as inventories in the supply chain work down. 3. Textron (TXT) upgraded to Outperform from Neutral at Credit Suisse with analyst Robert Spingarn saying he is more positive on the company's business jet segment exiting the pandemic, particularly the light and mid-sized jet segments where Textron concentrates. 4. Baker Hughes (BKR) upgraded to Outperform from Market Perform at BMO Capital with analyst Philip Jungwirth saying Baker shares have materially lagged Schlumberger (SLB) and Halliburton (HAL) with the recovery in oil prices and upstream spending, creating an attractive entry point. 5. Livent (LTHM) upgraded to Outperform from In Line at Evercore ISI with analyst Stephen Richardson saying while first half of 2021 pricing trends are expected to be challenging for lithium producers that are largely contracted, the movement of spot indices above indicative contract prices is a key catalyst for the stock. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.