Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. PNC Financial (PNC) double-upgraded to Outperform from Underperform at Wolfe Research with analyst Bill Carcache saying he is excited about PNC’s ability to grow revenues above industry average with the BBVA acquisition completed. 2. National Storage (NSA) upgraded to Outperform from Neutral at Baird with analyst Wesley Golladay seeing “strong tailwinds” for organic growth, a “healthy” deal pace and favorable capital markets offsetting the stock’s “high valuation.” 3. Encompass Health (EHC) upgraded to Buy from Hold at Deutsche Bank with analyst Pito Chickering finding the stock’s risk/reward “compelling” at current share levels. 4. Alsea (ALSSF) upgraded to Neutral from Underweight at JPMorgan with analyst Ulises Argote expecting a sequential recovery in sales, reaching levels similar to 2019, by the end of 2021. 5. Nine Dragons Paper (NDGPF) upgraded to Buy from Neutral at Citi with analyst Eric Lau saying the Dongguan government recently announced the roadmap for the 2021-2025 coal-to-gas program, which removes an overhang on the shares. 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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