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. Tesla (TSLA) upgraded to Neutral from Sell at UBS with analyst Patrick Hummel saying the spreading lockdowns will lead to production declines of 9%-10% in 2020, with the first half being materially worse. 2. Nvidia (NVDA) upgraded to Buy from Hold at Needham with analyst Rajvindra Gill saying during these uncertain times, investors will “flock to companies with superior balance sheets and robust free cash flow.” 3. Intel (INTC) and Xilinx (XLNX) upgraded to Neutral from Sell at Goldman Sachs. Intel was also upgraded to Outperform from Neutral at Exane BNP Paribas. 4. Coca-Cola (KO) upgraded to Buy from Hold at HSBC. 5. Steel Dynamics (STLD) upgraded to Overweight from Sector Weight at KeyBanc with analyst Phillip Gibbs saying carbon steel sector sentiment is likely to bottom with Chinese steel prices, global demand and oil in late Q2. 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)