Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Jack in the Box (JACK) upgraded to Neutral from Sell at Goldman Sachs with analyst Katherine Fogertey citing evidence of the company’s same-store-sales momentum and improving franchise economics, which she believes can re-accelerate its unit growth beyond flat currently expected in 2020. 2. Hibbett Sports (HIBB) upgraded to Positive from Neutral at Susquehanna with analyst Sam Poser citing its exceptional execution and operational discipline which he sees continuing for the foreseeable future. 3. NIO Inc. (NIO) upgraded to Neutral from Underweight at JPMorgan. 4. AMC Entertainment (AMC) upgraded to Neutral from Sell at MKM Partners with analyst Eric Handler saying the near-term bankruptcy risk has subsided with an increasing likelihood that movie theaters in the U.S. and Europe will be able to re-open with new content in the July-August time frame. 5. Dentsply Sirona (XRAY) upgraded to Outperform from In Line at Evercore ISI. 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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