Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Tesla (TSLA) upgraded to Buy from Neutral at New Street with analyst Pierre Ferragu saying he sees “more and more tangible indications” that Tesla has ample room to grow deliveries in the next two years and his forecast implies Tesla could deliver $12 of EPS in 2023, which Ferragu notes is more than 50% over current consensus expectations. 2. Wheaton Precious Metals (WPM) upgraded to Outperform from Sector Perform at RBC with analyst Josh Wolfson stating that the company operates a highly cash-generative business with “long-duration, low-cost” assets, and its recent share price weakness from lower precious metals prices has improved the stock’s valuation. 3. Epam Systems (EPAM) upgraded to Buy from Hold at VTB Capital with analyst Vladimir Bespalov saying he sees the current price levels as being attractive to start increasing positions given Epam’s long-term potential growth in excess of 20%. 4. Amtech Systems (ASYS) upgraded to Buy from Neutral at Roth Capital with analyst Craig Irwin noting that the company announced orders for its PYRAMAX reflow ovens from several OSATs in Asia Pacific region. 5. Primo Water (PRMW) upgraded to Outperform from Sector Perform at Scotiabank with analyst George Doumet saying Primo “has done a commendable job navigating the pandemic” and that he expects a solid recovery in the commercial segment to drive the bulk of the earnings rebound in the second half of 2021. 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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