Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Big Lots (BIG) upgraded to Outperform from Market Perform at Telsey Advisory. 2. CyrusOne (CONE) and QTS Realty Trust (QTS) upgraded to Buy from Hold at Jefferies. 3. Southern Company (SO) upgraded to Neutral from Underperform at Credit Suisse with analyst Michael Weinstein saying he believes much of the risk of major delays and return on equity penalties for the Vogtle new nuclear project are priced in after the stock’s recent underperformance. 4. CoreLogic (CLGX) upgraded to Buy from Neutral at Compass Point with analyst Chris Gamaitoni saying the company’s business model is “relatively insulated” from direct COVID-19 impacts. 5. PG&E (PCG) upgraded to Buy from Neutral at UBS with analyst Dan Ford saying he sees the stock trading at a “favorable upside/downside skew of 4:1,” with its downside limited by constituent and regulatory support as well as the pricing of an equity backstop commitment at $10 per share. 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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