Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Alcoa (AA) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Emily Chieng saying Alcoa has “significant leverage to a positive commodity price outlook,” where every 10% increase in aluminum prices corresponds to a 20% increase in EBITDA. 2. Qualcomm (QCOM) upgraded to Neutral from Sell at Goldman Sachs with analyst Rod Hall believing Qualcomm is “poised to benefit from multiple tailwinds” in the second half of 2021, including an earlier iPhone launch and improving supply situation. 3. KB Home (KBH) upgraded to Buy from Neutral at Seaport Global with analyst Mark Weintraub saying the company’s “improved competitive position,” helped by de-leveraging and work through of previously de-activated communities, has enhanced its return profile. 4. Centerspace (CSR) upgraded to Outperform from Market Perform at Raymond James with analyst Buck Horne saying the upgrade reflects the “robust” rent growth recovery currently taking hold across Centerspace’s core markets of Minneapolis and Denver, as well as continuing strength in its Midwestern secondary markets. 5. CyberArk (CYBR) upgraded to Buy from Neutral at Colliers with analyst Catharine Trebnick saying the stock is “underappreciated” as CyberArk navigates “lumpy results” due to its SaaS transition. 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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