Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Nike (NKE) upgraded to Outperform from Neutral at Baird with analyst Jonathan Komp saying recent concerns around the supply chain and China are likely to prove temporary, and he believes current share levels provide a “more compelling entry along with a favorable risk/reward” when looking over the next two years. 2. British American Tobacco (BTI) and Altria Group (MO) upgraded to Buy from Hold at Jefferies. 3. RH (RH) upgraded to Hold from Underperform at Jefferies with analyst Jonathan Matuszewski stating after the company’s “strong finish” to 2020 and “remarkable start” to Q1 that his prior call “was wrong.” 4. Macom (MTSI) upgraded to Neutral from Underweight at JPMorgan with analyst Harlan Sur citing valuation. 5. Palomar (PLMR) upgraded to Overweight from Equal Weight at Barclays with analyst Tracy Benguigui saying the recent selloff in the shares is unjustified. 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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