Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Wynn Resorts (WYNN) upgraded to Buy from Hold at Argus with analyst John Staszak saying the upgrade reflects the recovery in the company’s Las Vegas business and growth in its Boston operations as more COVID vaccines are rolled out and leisure travel returns. 2. Allegion (ALLE) double upgraded to Overweight from Underweight saying Allegion’s risk/reward “looks significantly more attractive today versus many other names in our sector.” 3. Hudbay Minerals (HBM) upgraded to Buy from Underperform at BofA with analyst Lawson Winder citing the company’s announcement of improved life of mine plans for its Snow Lake and Constancia mines, the “encouraging” initial drill properties in Arizona, and the copper growth optionality from the more recently identified Constancia satellite monetization and the Mason project in Nevada. 4. Par Pacific (PARR) upgraded to Buy from Neutral at Goldman Sachs with analyst Neil Mehta saying he has a “constructive view” on the oil demand recovery in the medium term. 5. United Airlines (UAL) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Ravi Shanker saying given his contention that 2022 consensus numbers are too low for the U.S. Airlines group given his view of strong volume and cost tailwinds. 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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