Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Twitter (TWTR) upgraded to Buy from Neutral at MKM Partners, with analyst Rohit Kulkarni saying he believes sentiment towards Twitter shares has been quite negative as the company’s execution has been “somewhat spotty,” but expects headwinds to reverse during 2021. 2. Exxon Mobil (XOM) upgraded to Overweight from Neutral at JPMorgan for the first time in his seven years of covering integrated oils, with analyst Phil Gresh saying expectations for the company are “materially lower,” its execution “might finally be turning a corner,” 2021 consensus estimates are too low and the company’s greater than 7% dividend yield is “more secure.” 3. Visa (V) and MasterCard (MA) upgraded to Buy from Hold at Jefferies, with analyst Trevor Williams saying the stock and processing companies lagged the S&P 500 over the last three, six, and twelve months, which was a “rare stretch of underperformance” for the pair that sets up the stocks well for 2021. 4. General Motors (GM) upgraded to Buy from Neutral at Nomura, with analyst Anindya Das saying that although electrification is costly, GM’s strategy to extensively restructure its North American operations, vertically integrate battery production, and set on a path to form an alliance with Honda to cut procurement and costs should help the company “absorb the hit” from electrification relatively better compared to its U.S. peers. 5. KB Home (KBH) upgraded to Outperform from Neutral at Wedbush, with analyst Jay McCanless saying KB raised prices at 90% of communities during the quarter, and the sales mix increased to 61% first time buyers from 53% in Q4. 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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