Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Micron (MU) upgraded to Outperform from Market Perform at BMO Capital with analyst Ambrish Srivastava seeing potential for a continued constrained supply environment into 2022 driven by a combination of supply dynamics, capex discipline and demand drivers. 2. BHP Group (BHP) upgraded to Outperform from Market Perform at BMO Capital with analyst Alexander Pearce saying after BMO made positive revisions to its price deck outlook, including met coal and oil, the analyst thinks BHP now offers an “attractive entry point” for investors looking for a “high quality stock that should be trading at a premium to its peers.” 3. Masco (MAS) upgraded to Buy from Neutral at Goldman Sachs with analyst Susan Maklari saying as the “seasonal rotation in housing takes hold,” shares of Masco should outperform. 4. Seagate (STX) upgraded to Equal Weight from Underweight at Barclays with analyst Tom O’Malley saying the company has leverage to an improving nearline market and the benefit of the “crypto rush” on hard disk drives “greatly accelerated” its margin progression and a channel re-stock should follow. 5. TSMC (TSM) upgraded to Neutral from Negative at Susquehanna with analyst Mehdi Hosseini seeing an improving smartphone end market with the “correction in builds behind us.” 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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