Fly Intel: Top five analyst upgrades - InvestingChannel

Fly Intel: Top five analyst upgrades

Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Nvidia (NVDA) upgraded to Hold from Underperform at Needham with analyst Rajvindra Gill citing his “positive” meeting with the company’s management at CES. 2. Goldman Sachs (GS) upgraded to Outperform from Market Perform at JMP Securities. 3. 3D Systems (DDD) upgraded to Buy from Hold at Craig-Hallum with analyst Greg Palm saying he believes the narrative is changing at 3D Systems. With a focus on shareholder value, coupled with a return to revenue growth and a major uptick in profitability, Palm thinks shares should start to work higher. 4. New Relic (NEWR) upgraded to Buy from Neutral at UBS with analyst Jennifer Swanson saying the combination of “solid” product and an attractive total addressable market, estimates implying little improvement in execution, and valuation “30% below where it should be” based on peers creates an attractive opportunity with significant potential for shares to re-rate higher. 5. Ericsson (ERIC) upgraded to Buy from Neutral at Citi with analyst Amit Harchandani saying he has a more optimistic view on the pace of 5G adoption and increased his forecast for the radio access network market. 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)