Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Camping World (CWH) upgraded to Outperform from Market Perform at BMO Capital with analyst Gerrick Johnson citing an improved outlook for the recreational vehicle industry, an “inexpensive” valuation and a reacceleration of the strategy to acquire independent dealerships for the upgrade. 2. D.R. Horton (DHI) upgraded to Overweight from Neutral at JPMorgan with analyst Michael Rehaut remaining “constructive” on the homebulding sector over the medium to longer term, saying demand, absent an incremental 50-75 basis point rise in rates over the next few months, should remain “fairly strong” throughout the rest of 2021, which should support continued double-digit earnings growth at least through 2022. 3. ADT Inc. (ADT) upgraded to Buy from Hold at Deutsche Bank with analyst Kunal Madhukar saying the ADT plus Google solution could be “more robust” than initially thought, especially with the software and applications that ADT can add by leveraging Google’s deep tech expertise. 4. Costco (COST) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Edward Kelly saying at least some share gains should be sticky given member growth, and emerging trends represent incremental positives. 5. Apache (APA) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Devin McDermott viewing Apache as “relatively advantaged to compete for capital.” 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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