Fly Intel: Top five analyst upgrades

Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. FedEx (FDX) upgraded to Buy from Neutral at UBS with analyst Thomas Wadewitz saying his favorable view for the stock is supported by low expectations for its earnings as well as the company’s “visible” efforts to improve the B2C cost structure of its Express business, even though the visibility on the timing of its margin improvement remains “somewhat limited.” 2. Lyft (LYFT) upgraded to Buy from Neutral at Northcoast. 3. Simply Good Foods (SMPL) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Jason English saying since the company reported earnings on January 9, the stock is down 17% on concerns over missing consensus growth expectations. 4. Canada Goose (GOOS) upgraded to Outperform from Neutral at Baird with analyst Jonathan Komp saying Komp is encouraged that Canada Goose shares fell only modestly after the company cut earnings estimates greater than 20% on the coronavirus impact. 5. IntercontinentalExchange (ICE) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Christopher Harris saying the decline in IntercontinentalExchange’s stock price since news of a potential eBay (EBAY) acquisition first surfaced has created an attractive entry point for investors. 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)