Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Square (SQ) upgraded to Market Perform from Underperform at Raymond James with analyst John Davis saying he believes his short thesis from the end of January has mostly played out, creating a more balanced risk/reward profile. 2. Six Flags (SIX) upgraded to Outperform from Market Perform at Wells Fargo with analyst Timothy Conder saying he believes concerns surrounding Q2 weather, China trade implications and dividend sustainability are fairly discounted. 3. Vornado (VNO) upgraded to Sector Perform from Underperform at Scotiabank. 4. Veon (VEON) upgraded to Buy from Neutral at BofA/Merrill with analyst Cesar Tiron saying he sees signs of operational stabilization in Russia. He believes the company can maintain its current dividend levels, which implies a 10% yield and says Telenor, which has committed to sell its entire stake, has only an 8.9% holding left; and his increased price target of $3.80, up from $2.70, implies 22% upside. 5. Sonim (SONM) upgraded to Buy from Neutral at National Securities. 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)
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