Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Pulmonx (LUNG) upgraded to Overweight from Neutral at Piper Sandler with analyst Jason Bednar saying the recent selloff in the shares discounts the risk factors and makes the setup attractive considering the company’s revenue growth potential. 2. Goodyear Tire (GT) upgraded to Buy from Hold at Deutsche Bank with analyst Emmanuel Rosner saying the company is a “large” beneficiary from the shift to electric vehicles. 3. Prometheus (RXDX) upgraded to Outperform from Perform at Oppenheimer with analyst Jeff Jones saying the Phase 1 safety data for PRA023 supports differentiation from Pfizer’s (PFE) PF-06480605 program with respect to both anti-drug antibodies and target engagement. 4. TechnipFMC (FTI) upgraded to Buy from Hold at Jefferies with analyst Mark Wilson saying he views the company’s recent Capital Markets Day in “a very positive light” and he increased his EBITDA forecast by 51% based on the “confident growth expectation to 2025” along with the materially improved balance sheet due to the Technip Energies spin-out and improved free cash flow profile following the de-merger. 5. SVB Financial (SIVB) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Jared Shaw saying recent performance over the past two years has already been among the best in the group, as shares benefit from a technology and innovation sector that remains at its strongest, with benign credit losses. 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)
previous post
next post