Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Capri Holdings (CPRI) upgraded to Buy from Neutral at BTIG with analyst Camilo Lyon saying despite a 30% move in the stock since the “blowout” fiscal Q2 results November 5, Capri offers “significant equity value that is dramatically underappreciated, from both an earnings recovery and valuation perspective.” 2. GAP Airports (PAC) upgraded to Overweight from Equal Weight at Barclays with analyst Pablo Monsivais saying he believes the visiting friends and relatives segment of travel is less dependent on economic cycles and therefore, more resilient. 3. Spirit AeroSystems (SPR) upgraded to Buy on improving sentiment at Canaccord with analyst Ken Herbert saying the Max ungrounding, coupled with positive vaccine news, will continue to “positively shift the narrative” on Spirit to the pace of recovery and upside. 4. Carlyle Group (CG) double-upgraded to Buy from Underperform at BofA with analyst Michael Carrier citing the company’s “multiple upcoming catalysts”, with potential for accelerate growing going forward, along with the stock’s relative year-to-date performance and valuation. 5. United Rentals (URI) upgraded to Buy from Neutral at BofA with analyst Ross Gilardi citing the positive news on COVID-19 vaccine development that is coming at the same time when the used equipment market is firming, industrial production is rebounding, and rental time utilization is recovering. 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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