Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Cisco (CSCO) upgraded to Buy from Neutral at Goldman Sachs with analyst Rod Hall saying the prospect of increased enterprise spending on campus networking to enable a video conferencing heavy return to offices “presents opportunity for fundamental upside.” 2. Maxar Technologies (MAXR) upgraded to Overweight from Neutral at JPMorgan with analyst Seth Seifman saying Maxar’s story of adding new imagery capacity, becoming profitable in Space Infrastructure, de-levering and generating cash is unchanged but the stock “has been caught up in market turbulence” around an equity offering last week and is now more attractive following the pullback. 3. AMD (AMD) upgraded to Outperform from Market Perform at Northland with analyst Gus Richard saying he believes Intel’s expansion into the foundry market will increase AMD as a priority for TSMC (TSM) and that Intel “will be persona non grata.” For this reason, Richard expects AMD’s market share momentum to continue, driving the upgrade to Outperform. 4. Carlisle (CSL) upgraded to Buy from Hold at Loop Capital with analyst Garik Shmois citing the findings of his roofing survey, which indicated broad support for the industry’s upcoming price increase, an expectation of additional price increases later this year, and a supply/demand set-up that is starting to look like what the residential roofing industry is experiencing. 5. Vail Resorts (MTN) upgraded to Buy from Neutral at BofA with analyst Shaun Kelley saying Vail is well positioned to benefit from “high-end pent-up leisure demand” in the coming ski season. 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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