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. Hibbett Sports (HIBB) double upgraded to Buy from Underperform at BofA WITH analyst Alexander Perry saying Hibbett’s market share gains should accelerate during COVID-19 given its omnichannel initiatives and favorable store positioning. 2. Avis Budget (CAR) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Adam Jonas saying new and used car sales during the pandemic have been much more resilient than forecast, driven by stimulus packages, credit availability and consumers re-prioritizing car purchases over other spending. 3. EQT Corporation (EQT) upgraded to Outperform from Neutral at Credit Suisse with analyst William Janela saying he sees “short-term headwinds” to natural gas prices in Q3. 4. Nu Skin (NUS) was upgraded to Buy from Hold at Jefferies and to Buy from Neutral at DA Davidson. 5. Norfolk Southern (NSC) upgraded to Buy from Hold at TD Securities with analyst Cherilyn Radbourne saying after having absorbed the most volume weakness, due in part to its higher relative exposure to automotive and steel, she believes Norfolk is set up to now enjoy stronger relative upside as volumes recover. 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)