Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Tesla (TSLA) upgraded to Outperform from Neutral at Wedbush with analyst Daniel Ives saying the Q1 delivery numbers released Friday were a “paradigm changer” and shows that the pent-up demand globally for Tesla’s Model 3/Y is hitting its “next stage of growth as part of a global green tidal wave underway.” 2. Spotify (SPOT) upgraded to Neutral from Sell at Citi with analyst Jason Bazinet seeing little risk to near-term net addition estimates. 3. Charles Schwab (SCHW) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Will Nance expecting the key driver to the stock to be positive estimate revisions as the Street updates forecasts for higher securities reinvestment yields. 4. Caesars (CZR) and MGM Resorts (MGM) upgraded to Overweight from Equal Weight at Morgan Stanley after analyst Thomas Allen visited Las Vegas and came away with the impression that consensus is “grossly underestimating” the earnings power of companies exposed to what he sees as a “fast, strong recovery.” 5. JetBlue (JBLU) upgraded to Outperform from Market Perform at Raymond James with analyst Savanthi Syth citing improving trends in its core markets, including the recovery in near-international, as well as the potential for normalized margin expansion if it were to execute on just a few earnings levers. 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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