Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. AB InBev (BUD) upgraded to Overweight from Equal Weight at Barclays with analyst Laurence Whyatt saying market expectations of the company’s margins declining in FY21 is “too pessimistic.” 2. Goosehead (GSHD) upgraded to Outperform from Market Perform at Keefe Bruyette with analyst Meyer Shields citing the recent share weakness and the company’s strong near-term premium growth prospects. 3. Hershey (HSY) upgraded to Buy from Neutral at Goldman Sachs with analyst Jason English believing 2020 was the beginning of a three-plus year cycle of “outsized growth” for Hershey as the confection industry “leverages its unique pricing power” to expand revenue and profits at a time when input costs are “non-daunting.” 4. Canadian Pacific (CP) upgraded to Overweight from Equal Weight at Barclays with analyst Brandon Oglenski favoring non-rail exposure “within a transport sector likely to witness accelerating fundamentals beyond 2021.” 5. UPS (UPS) upgraded to Equal Weight from Underweight at Barclays with analyst Brandon Oglenski citing momentum in parcel markets for the upgrade as well as the stock’s relative valuation and $5.5B liability bailout. 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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