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Fly News Breaks for November 29, 2019
CENT, DE, DLTR, GIL, SSL
Nov 29, 2019 | 09:58 EDT
Catch up on today's top five analyst actions with this list compiled by The Fly: 1. Sasol (SSL) upgraded to Buy from Neutral at Goldman Sachs with analyst Faisal AlAzmeh saying "several near-term bad news items are priced into the shares." 2. Gildan Activewear (GIL) upgraded to Buy from Hold at Desjardins. 3. Dollar Tree (DLTR) downgraded to Neutral from Overweight at Atlantic Equities. 4. Deere (DE) downgraded to Sell from Hold at DZ Bank. 5. Central Garden & Pet (CENT) downgraded to Hold from Buy at Argus, with analyst John Staszak saying while the company posted "solid" sales in Q4, its earnings and margins declined. The analyst is also "concerned" with the company's lack of detailed FY20 guidance given its recent appointment of a new CEO and intends to "look closely" at its new forecasts expected to be made in February that will reflect the management's plans and strategy. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.