Hershey, Colgate-Palmolive, Flywire: Trending tickers
The Hershey Company (HSY) was upgraded to Outperform by analysts at Bernstein, who say the candymaker's market share is improving and innovation is picking up.
Shares of Colgate-Palmolive (CL) were upgraded to Outperform from Market Perform at Raymond James. Analysts see more sales growth ahead for the company in addition to growing opportunities in emerging markets.
Flywire (FLYW) shares got an upgrade to Overweight from Equal Weight at Morgan Stanley on revenue growth optimism.
Yahoo Finance's Brad Smith and Seana Smith break down some of Monday's trending tickers.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Stephanie Mikulich
Video Transcript
BRAD SMITH: --stocks, they are higher as investors await results from five of the Magnificent Seven this week as well as a policy decision from the Fed that comes Wednesday. And then on Friday, the jobs report get hype.
SEANA SMITH: Certainly is going to be a busy week. You got to keep paying attention here because really, any day or every day could be a potentially market-moving scenario. So let's take a look at the individual movers here this morning as we kick off the week. Hershey having a sweet day after Bernstein saying that the company sees market share and volume trends improving. Now, the analysts upgrading the stock to outperform, saying that Hershey's innovation is allowing it to lap and stay competitive here with some of its rivals.
BRAD SMITH: And Colgate Palmolive also feeling the love from Wall Street as Raymond James upgrades the stock following impressive fourth quarter results. The analysts saying that they see potential for the company to continue driving sales growth ahead of its long-term targets as it sees opportunity in emerging markets.
SEANA SMITH: And global payments company Flywire soaring this morning. Morgan Stanley saying it's optimistic about strong growth drivers for the company. Now, the analyst there upgrading the stock to overweight, saying that they expect new customer acquisitions to boost revenue and also help margins.
