Fly Intel: Top five analyst upgrades NewPage - InvestingChannel

Fly Intel: Top five analyst upgrades NewPage

Catch up on today’s top five analyst initiations with this list compiled by The Fly: 1. McDonald’s (MCD) upgraded to Buy from Neutral at UBS with analyst Dennis Geiger saying the company’s risk-reward now skews “significantly” to the upside, and he sees a “compelling” path on same-store-sales going forward. 2. MSC Industrial (MSM) upgraded to Equal Weight from Underweight at Wells Fargo with analyst Michael McGinn saying sentiment and earnings for MSC have troughed and believes management is taking the right steps to structurally lower their cost base to drive better incrementals in a low-growth environment. 3. Clorox (CLX) upgraded to Buy from Neutral at Citi with analyst Wendy Nicholson saying Clorox has seen some of the strongest Covid tailwinds within the consumer staples space given the “robust” demand for disinfectant products. 4. National Health Investors (NHI) upgraded to Sector Weight from Underweight at KeyBanc with analyst Jordan Sadler saying he expects this environment to continue to favor value-oriented, COVID-19-sensitive REITs, undoing much of the “pandemic trade.” 5. Ingersoll-Rand (IR) upgraded to Buy from Neutral at Citi with analyst Andrew Kaplowitz saying expansionary PMIs, favorable credit conditions and potential pent-up demand should support a good recovery in most industrial end markets in 2021. This list is just a portion of The Fly’s analyst coverage. To see The Fly’s full Street Research coverage, (click here.):(http://thefly.com/streetResearch.php)