Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Tesla (TSLA) upgraded to Outperform from Market Perform at JMP Securities and upgraded to Outperform from Neutral at Baird. 2. Interpublic Group (IPG) upgraded to Buy from Neutral at MoffettNathanson with analyst Michael Nathanson saying he believes Interpublic “has flown under the radar” and presents an attractive value opportunity heading into 2021, when he expects a cyclical rebound in ad spending. 3. Synovus (SNV) upgraded to Overweight from Equal Weight at Stephens with analyst Brody Preston saying he seen an improved profitability outlook following the company’s report of Q3 results. 4. Teradyne (TER) upgraded to Neutral from Negative at Susquehanna with analyst Mehdi Hosseini saying the company did a superb job overcoming the Huawei overhang and said his upgrade reflects the secular trends like increased SLT tests and higher test content in 5G SP, while core test segments like Auto/MCU are stabilizing and improving into 2021. 5. Navient (NAVI) upgraded to Outperform from Neutral at Wedbush with analyst Henry Coffey saying he thinks the selloff in the face of a solid quarter creates an attractive entry point for the stock. 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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