Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Atmos Energy (ATO) upgraded to Buy from Neutral at UBS with analyst Shneur Gershuni citing the company’s “above average” growth metrics, earnings stability and “defensive nature” of assets for the upgrade. 2. Woodward (WWD) upgraded to Buy from Hold at Jefferies with analyst Sheila Kahyaoglu citing her view that management is being conservative with its operating margin targets for the Aerospace business, which accounts for 75% of earnings and could surprise to the upside. 3. NetEase (NTES) upgraded to Buy from Neutral at Goldman Sachs with analyst Bill Liu saying the risk/reward in owning NetEase has turned more favorable following the company’s “solid” Q3 results. 4. Universal Technical (UTI) upgraded to Hold from Sell at Argus. 5. Denny’s (DENN) upgraded to Buy from Hold at Maxim with analyst Stephen Anderson citing its announcement of an expanded share buyback earlier this week. 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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