Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Beyond Meat (BYND) double upgraded to Outperform from Underperform at Bernstein with analyst Alexia Howard expecting foodservice channels to rebound as consumer mobility improves post the pandemic and says this should drive decreased competition in the U.S. retail channel. 2. HP Inc. (HPQ) upgraded to Buy from Neutral at Citi with analyst Jim Suva saying he upgraded HP to Buy to reflect “more resilient” PC demand as well as comments on underlying print demand improvements from Canon. 3. Ollie’s Bargain Outlet upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Simeon Gutman seeing a “wide but balanced” risk/reward profile at current share levels. 4. Shoals Technologies (SHLS) upgraded to Outperform from Neutral at Credit Suisse with analyst Michael Weinstein citing valuation for the upgrade following the recent selloff. 5. Virgin Galactic upgraded to Overweight from Neutral at Alembic Global with analyst Peter Skibitski citing the company’s successful spaceflight, which he believes could drive new share momentum. 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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