Catch up on today’s top five analyst upgrades with 1. this list compiled by The Fly: 1. Under Armour (UA, UAA) upgraded to Overweight from Neutral at Piper Jaffray with analyst Erinn Murphy saying while the shares have moved considerably off the bottom over the last 12 months and reflect in part the company’s opportunity to expand operating margin from 3.2% to low-double-digits over time, its sales opportunity remains underappreciated at current stock levels. 2. Starbucks (SBUX) upgraded to Buy from Neutral at Mizuho with analyst Jeremy Scott saying the company’s earnings growth is set to accelerate. 3. Netflix (NFLX) upgraded to Buy from Underperform at Buckingham with analyst Matthew Harrigan saying he has always viewed Netflix as the continued top streaming category winner but previously was skeptical about its elevated stock price. 4. Signature Bank (SBNY) upgraded to Buy from Neutral at UBS with analyst Brock Vandervliet saying the company’s net interest margin “inflection” in Q3 signals spread income growth is forthcoming. 5. iRobot (IRBT) upgraded to Buy from Hold at Canaccord with analyst Jed Dorsheimer saying he believes the company’s greatest asset may lie in its network it has launched to map a user’s house. This list is just a portion of The Fly’s full analyst coverage. To see The Fly’s full Street Research coverage, (click here.):(http://thefly.com/streetResearch.php)
previous post
next post