Benzinga's Top Upgrades, Downgrades For June 26, 2020


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Upgrades

  • Ladenburg Thalmann upgraded the stock for IZEA Worldwide Inc (NASDAQ:IZEA) from Neutral to Buy. For the first quarter, IZEA Worldwide had an EPS of ($0.18), compared to year-ago quarter EPS of ($0.15). The stock has a 52-week-high of $3.13 and a 52-week-low of $0.07. IZEA Worldwide's stock last closed at $1.22 per share.
  • Evercore ISI Group changed the rating for Broadcom Inc (NASDAQ:AVGO) from In-Line to Outperform. In the second quarter, Broadcom showed an EPS of $5.14, compared to $5.21 from the year-ago quarter. The stock has a 52-week-high of $331.58 and a 52-week-low of $155.67. Broadcom's stock last closed at $308.85 per share.
  • B of A Securities changed the rating for NetApp Inc (NASDAQ:NTAP) from Neutral to Buy. For the fourth quarter, NetApp had an EPS of $1.19, compared to year-ago quarter EPS of $1.22. The stock has a 52-week-high of $65.38 and a 52-week-low of $34.66. NetApp's stock last closed at $41.83 per share.
  • For eBay Inc (NASDAQ:EBAY), Deutsche Bank upgraded the stock from Hold to Buy. For the first quarter, eBay had an EPS of $0.77, compared to year-ago quarter EPS of $0.67. The stock has a 52-week-high of $51.88 and a 52-week-low of $26.02. eBay's stock last closed at $49.40 per share.
  • BTIG upgraded the stock for Farfetch Ltd (NYSE:FTCH) from Neutral to Buy. Farfetch earned ($0.24) in the first quarter, compared to ($0.22) in the year-ago quarter. The stock has a 52-week-high of $22.11 and a 52-week-low of $5.99. Farfetch's stock last closed at $17.75 per share.

 

Downgrades

  • JP Morgan changed the rating for NICE Ltd (NASDAQ:NICE) from Neutral to Underweight. For the first quarter, NICE had an EPS of $1.34, compared to year-ago quarter EPS of $1.18. The stock has a 52-week-high of $198.99 and a 52-week-low of $110.59. NICE's stock last closed at $194.72 per share.
  • Evercore ISI Group changed the rating for Xilinx Inc (NASDAQ:XLNX) from Outperform to In-Line. In the fourth quarter, Xilinx showed an EPS of $0.78, compared to $0.94 from the year-ago quarter. The stock has a 52-week-high of $133.00 and a 52-week-low of $67.68. Xilinx's stock last closed at $93.29 per share.
  • Citigroup changed the rating for Freshpet Inc (NASDAQ:FRPT) from Neutral to Sell. In the first quarter, Freshpet showed an EPS of ($0.07), compared to ($0.10) from the year-ago quarter. The stock has a 52-week-high of $89.12 and a 52-week-low of $35.95. Freshpet's stock last closed at $88.69 per share.
  • Goldman Sachs changed the rating for Phathom Pharmaceuticals Inc (NASDAQ:PHAT) from Neutral to Sell. Phathom Pharmaceuticals earned ($0.62) in the first quarter, compared to ($0.19) in the year-ago quarter. The stock has a 52-week-high of $64.54 and a 52-week-low of $18.51. Phathom Pharmaceuticals's stock last closed at $41.13 per share.
  • Stifel downgraded the stock for Inovio Pharmaceuticals Inc (NASDAQ:INO) from Buy to Hold. In the first quarter, Inovio Pharmaceuticals showed an EPS of ($0.26), compared to ($0.30) from the year-ago quarter. The stock has a 52-week-high of $31.57 and a 52-week-low of $1.92. Inovio Pharmaceuticals's stock last closed at $31.25 per share.
  • For Boeing Co (NYSE:BA), Bernstein downgraded the stock from Outperform to Market Perform. In the first quarter, Boeing showed an EPS of ($1.70), compared to $3.16 from the year-ago quarter. The stock has a 52-week-high of $391.00 and a 52-week-low of $89.00. Boeing's stock last closed at $174.91 per share.
  • RBC Capital changed the rating for Fortune Brands Home & Security Inc (NYSE:FBHS) from Outperform to Sector Perform. Fortune Brands Home earned $0.81 in the first quarter, compared to $0.63 in the year-ago quarter. The stock has a 52-week-high of $73.28 and a 52-week-low of $33.90. Fortune Brands Home's stock last closed at $61.60 per share.

 

Initiations

  • With a rating of Outperform, Barrington Research initiated coverage on Standex International Corp (NYSE:SXI). The price target is set at $77.00 for Standex International. Standex International earned $0.96 in the third quarter, compared to $0.65 in the year-ago quarter. The stock has a 52-week-high of $81.69 and a 52-week-low of $37.50. Standex International's stock last closed at $53.98 per share.
  • Morgan Stanley initiated coverage on Donaldson Co Inc (NYSE:DCI) with an Overweight rating. The price target for Donaldson is set at $60.00. Donaldson earned $0.50 in the third quarter, compared to $0.58 in the year-ago quarter. The stock has a 52-week-high of $58.32 and a 52-week-low of $31.08. Donaldson's stock last closed at $44.13 per share.
  • Gordon Haskett initiated coverage on Hilton Worldwide Holdings Inc (NYSE:HLT) with a Hold rating. The price target for Hilton Worldwide Holdings is set at $77.00. In the first quarter, Hilton Worldwide Holdings showed an EPS of $0.74, compared to $0.80 from the year-ago quarter. The stock has a 52-week-high of $115.48 and a 52-week-low of $44.30. Hilton Worldwide Holdings's stock last closed at $72.57 per share.
  • Gordon Haskett initiated coverage on Hyatt Hotels Corp (NYSE:H) with an Underperform rating. The price target for Hyatt Hotels is set at $43.00. For the first quarter, Hyatt Hotels had an EPS of ($0.35), compared to year-ago quarter EPS of $0.45. The stock has a 52-week-high of $94.98 and a 52-week-low of $24.02. Hyatt Hotels's stock last closed at $49.19 per share.
  • Morgan Stanley initiated coverage on Kennametal Inc (NYSE:KMT) with a Equal-Weight rating. The price target for Kennametal is set at $33.00. In the third quarter, Kennametal showed an EPS of $0.46, compared to $0.77 from the year-ago quarter. The stock has a 52-week-high of $38.73 and a 52-week-low of $14.45. Kennametal's stock last closed at $28.61 per share.
  • With a rating of Equal-Weight, Morgan Stanley initiated coverage on Lincoln Electric Holdings Inc (NASDAQ:LECO). The price target is set at $86.00 for Lincoln Electric Holdings. For the first quarter, Lincoln Electric Holdings had an EPS of $1.00, compared to year-ago quarter EPS of $1.17. The stock has a 52-week-high of $98.32 and a 52-week-low of $59.30. Lincoln Electric Holdings's stock last closed at $80.71 per share.
  • With a rating of Hold, Gordon Haskett initiated coverage on Marriott International Inc (NASDAQ:MAR). The price target is set at $89.00 for Marriott Intl. In the first quarter, Marriott Intl showed an EPS of $0.26, compared to $1.41 from the year-ago quarter. The stock has a 52-week-high of $153.39 and a 52-week-low of $46.56. Marriott Intl's stock last closed at $84.04 per share.
  • Morgan Stanley initiated coverage on Pinterest Inc (NYSE:PINS) with a Equal-Weight rating. The price target for Pinterest is set at $25.00. Pinterest earned ($0.10) in the first quarter, compared to ($0.32) in the year-ago quarter. The stock has a 52-week-high of $36.83 and a 52-week-low of $10.10. Pinterest's stock last closed at $22.57 per share.
  • SunTrust Robinson Humphrey initiated coverage on Translate Bio Inc (NASDAQ:TBIO) with a Buy rating. The price target for Translate Bio is set at $40.00. Translate Bio earned ($0.24) in the first quarter, compared to ($0.74) in the year-ago quarter. The stock has a 52-week-high of $28.09 and a 52-week-low of $6.80. Translate Bio's stock last closed at $24.67 per share.
  • With a rating of Buy, Gordon Haskett initiated coverage on Wyndham Hotels & Resorts Inc (NYSE:WH). The price target is set at $55.00 for Wyndham Hotels & Resorts. For the first quarter, Wyndham Hotels & Resorts had an EPS of $0.50, compared to year-ago quarter EPS of $0.52. The stock has a 52-week-high of $63.66 and a 52-week-low of $14.50. Wyndham Hotels & Resorts's stock last closed at $41.45 per share.
  • With a rating of Buy, Rosenblatt initiated coverage on DraftKings Inc (NASDAQ:DKNG). The price target is set at $60.00 for DraftKings. DraftKings earned ($0.16) in the first quarter. The stock has a 52-week-high of $44.79 and a 52-week-low of $18.00. DraftKings's stock last closed at $36.07 per share.
  • RBC Capital initiated coverage on Spirit AeroSystems Holdings Inc (NYSE:SPR) with an Outperform rating. The price target for Spirit AeroSystems Hldgs is set at $31.00. For the first quarter, Spirit AeroSystems Hldgs had an EPS of ($0.79), compared to year-ago quarter EPS of $1.68. The stock has a 52-week-high of $92.81 and a 52-week-low of $13.69. Spirit AeroSystems Hldgs's stock last closed at $23.55 per share.
  • With a rating of Outperform, RBC Capital initiated coverage on Hexcel Corp (NYSE:HXL). The price target is set at $52.00 for Hexcel. In the first quarter, Hexcel showed an EPS of $0.64, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $87.00 and a 52-week-low of $24.54. Hexcel's stock last closed at $43.36 per share.
  • HC Wainwright & Co. initiated coverage on Merus NV (NASDAQ:MRUS) with a Buy rating. The price target for Merus is set at $23.00. In the first quarter, Merus showed an EPS of ($0.68), compared to ($0.29) from the year-ago quarter. The stock has a 52-week-high of $20.95 and a 52-week-low of $10.19. Merus's stock last closed at $15.80 per share.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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