Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Charles Schwab (SCHW) upgraded to Outperform from Neutral at Credit Suisse with analyst Craig Siegenthaler estimating Schwab will generate more than $4.00 in earnings per share by 2023 and roughly $5.00 by 2024 on the view that the Federal Reserve will need to raise rates in 2023 through 2025. 2. UPS (UPS) upgraded to Hold from Sell at Berenberg with analyst William Howard saying with volume momentum gaining strength and pricing holding firm, the outlook for the global parcel names “remains benign” in 2021. 3. Dow Inc. (DOW) upgraded to Buy from Hold at Argus with analyst William Selesky saying the company is set to benefit from stronger pricing for commodity chemicals and increased demand in North America and China. 4. Salisbury Bancorp (SAL) upgraded to Buy from Neutral at DA Davidson with analyst Christopher Keith saying the stock’s likely removal from the Russell 2000 index likely drove its year-to-date underperformance and created an “attractive” entry point. 5. Cullinan (CGEM) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Jeffrey Hung saying he views the risk/reward as favorable following the pullback in share price from the stock’s early March peak and ahead of the CLN-081 Phase 1/2a data expected mid-year that remains “the main clinical update for Cullinan in 2021.” 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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