| 2020-10-29 09:51:47|
SAN, FVRR… 09:51 10/29 10/29/20
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Pinterest (PINS) upgraded to Buy from Neutral at MKM Partners and upgraded to Overweight from Neutral at JPMorgan. 2. Fiverr (FVRR) upgraded to Outperform from Market Perform at JMP Securities with analyst Ronald Josey saying that the company continues to benefit from the pandemic-related tailwinds and should also see "multiple catalysts" in 2021, including "Promoted Gigs, Fiverr Business, recurring purchase functionality, category expansion, and newer geographies." 3. Bed Bath & Beyond (BBBY) upgraded to Outperform from Market Perform at Telsey Advisory and upgraded to Equal Weight from Underweight at Morgan Stanley. 4. Illinois Tool Works (ITW) upgraded to Neutral from Underperform at BofA with analyst Ross Gilardi saying that his caution on the company's "perceived cyclicality" did show some merit, but he had underestimated investor willingness to re-rate this "best in class compounder." 5. BJ's Wholesale (BJ) upgraded to Neutral from Sell at MKM Partners with analyst Bill Kirk citing the company's continued foot traffic strength, diminished competitor promotional activity for new members, and its "favorable geographic mix" with exposure to cold weather and COVID-related limited options of food-away-from- home. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.