Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Salesforce (CRM) upgraded to Overweight from Neutral at Piper Sandler with analyst Brent Bracelin saying in-person conversations with new leadership over the last two days give him confidence that Salesforce should see a “multi-year period of multiple and profit expansion tied to operating discipline and organic investments that can sustain growth.” 2. CenterPoint Energy (CNP) upgraded to Overweight from Sector Weight at KeyBanc with analyst Sophie Karp saying CenterPoint’s refreshed growth projections at its analyst day point toward the upper end of prior guidance and the peer-group average rate and the exit from midstream appears in sight and substantially de-risked. 3. Spire (SR) upgraded to Buy from Neutral at Mizuho with analyst Gabriel Moreen believing the market is now fully discounting a “worst-case outcome” to the STL Pipeline saga. 4. Tenable Holdings (TENB) upgraded to Buy from Hold at Berenberg with analyst Andrew Smith saying he believes vulnerability management is “a foundational piece of a sound security strategy” and based on conversations with customers and survey results from the Black Hat conference he sees mitigating risks as “a key driver of security spend.” 5. BJ’s Restaurants (BJRI), Chuy’s (CHUY), Dave & Buster’s (PLAY), Red Robin (RRGB) and Cheesecake Factory (CAKE) all upgraded to Buy from Hold at Jefferies with analyst Andy Barish turning”incrementally more positive” on the casual dining sector following the selloff in the space driven by delta variant and inflation concerns. 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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