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StockNews.com
StockNews.com
Business
Dipanjan Banchur

2 Popular Stocks That Recently Received a Double Upgrade by Wall Street Analysts

UPST BYND

Equities have had a tough start to the year due to the surging market volatility. But despite the negative market sentiment, popular stocks Upstart Holdings, Inc. (UPST) and Beyond Meat, Inc. (BYND) received a boost in the form of a double-upgrade by Wall Street analysts.

Bank of America Corporation Securities analyst Nat Schindler gave UPST a double-upgrade to Buy from Underperform. UPST had reported solid last quarter results with fee revenue, EPS, and EBITDA all beating Wall Street estimates. The company’s revenue and earnings guidance were also beyond the analysts’ estimates.

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