Fly Intel: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly:

1. Wayfair (W) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying the recent "sharp pullback" in the stock price offers a favorable entry point, with added benefits expected if U.S. and China can reach a "phase 1" trade agreement, since about 60% of its products are made in China.

2. Q2 Holdings (QTWO) upgraded to Buy from Neutral at BTIG with analyst Mark Palmer saying the recent pullback in the stock price offers an attractive entry point given the company's takeout target potential.

3. Plug Power (PLUG) upgraded to Buy from Neutral at Roth Capital with analyst Craig Irwin citing visibility for the company continuing on impressive growth trajectory, outlook for record revenue and EBITDA in Q4, and material EBITDA profitability in 2020.

4. Alliance Data (ADS) upgraded to Outperform from Perform at Oppenheimer with analyst Dominick Gabriele saying he sees the card services segment net of corporate drag as worth at least $119 using a 2.95x P/TBV multiple, and total Alliance Data including LoyaltyOne could be worth $131.

5. Oshkosh (OSK) upgraded to Buy from Neutral at Buckingham with analyst Neil Frohnapple saying his firm recently completed its monthly equipment rental rate momentum survey and says that overall, 52% of contacts surveyed noted that rental rates were above their expectations in the month of October. 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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