Benzinga's Top Upgrades, Downgrades For August 13, 2020


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Upgrades

  • According to Gordon Haskett, the prior rating for Brinker International Inc (NYSE:EAT) was changed from Hold to Buy. In the fourth quarter, Brinker International showed an EPS of $0.88, compared to $1.36 from the year-ago quarter. The stock has a 52-week-high of $47.57 and a 52-week-low of $7.00. At the end of the last trading period, Brinker International closed at $34.56.
  • According to JP Morgan, the prior rating for CNH Industrial NV (NYSE:CNHI) was changed from Neutral to Overweight. In the second quarter, CNH Industrial showed an EPS of $0.07, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.99 and a 52-week-low of $5.06. CNH Industrial closed at $7.84 at the end of the last trading period.
  • For The Estee Lauder Companies Inc (NYSE:EL), Oppenheimer upgraded the previous rating of Perform to the current rating Outperform. Estee Lauder Cos earned $0.86 in the third quarter, compared to $1.28 in the year-ago quarter. The stock has a 52-week-high of $220.42 and a 52-week-low of $137.01. At the end of the last trading period, Estee Lauder Cos closed at $211.46.
  • Northcoast Research upgraded the previous rating for KAR Auction Services Inc (NYSE:KAR) from Neutral to Buy. In the second quarter, KAR Auction Services showed an EPS of $0.08, compared to $0.30 from the year-ago quarter. The current stock performance of KAR Auction Services shows a 52-week-high of $28.61 and a 52-week-low of $9.41. Moreover, at the end of the last trading period, the closing price was at $17.84.
  • According to Wells Fargo, the prior rating for Southwestern Energy Co (NYSE:SWN) was changed from Underweight to Equal-Weight. For the second quarter, Southwestern Energy had an EPS of $0.00, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $3.90 and a 52-week-low of $1.06. At the end of the last trading period, Southwestern Energy closed at $3.04.
  • According to Evercore ISI Group, the prior rating for StoneCo Ltd (NASDAQ:STNE) was changed from In-Line to Outperform. StoneCo earned $0.10 in the second quarter, compared to $0.16 in the year-ago quarter. The current stock performance of StoneCo shows a 52-week-high of $55.00 and a 52-week-low of $17.72. Moreover, at the end of the last trading period, the closing price was at $49.29.
  • For American Financial Group Inc (NYSE:AFG), Raymond James upgraded the previous rating of Underperform to the current rating Market Perform. American Financial Group earned $1.05 in the second quarter, compared to $2.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $115.03 and a 52-week-low of $44.01. American Financial Group closed at $68.22 at the end of the last trading period.
  • For Revolve Group Inc (NYSE:RVLV), Raymond James upgraded the previous rating of Outperform to the current rating Strong Buy. In the second quarter, Revolve Group showed an EPS of $0.20, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $27.99 and a 52-week-low of $7.17. At the end of the last trading period, Revolve Group closed at $19.41.
  • According to Piper Sandler, the prior rating for Cimarex Energy Co (NYSE:XEC) was changed from Neutral to Overweight. For the second quarter, Cimarex Energy had an EPS of $0.51, compared to year-ago quarter EPS of $0.82. The stock has a 52-week-high of $55.29 and a 52-week-low of $12.15. At the end of the last trading period, Cimarex Energy closed at $29.21.
  • Goldman Sachs upgraded the previous rating for Keysight Technologies Inc (NYSE:KEYS) from Neutral to Buy. In the second quarter, Keysight Technologies showed an EPS of $0.78, compared to $1.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $110.00 and a 52-week-low of $77.93. Keysight Technologies closed at $99.62 at the end of the last trading period.
  • According to JP Morgan, the prior rating for Occidental Petroleum Corp (NYSE:OXY) was changed from Underweight to Neutral. Occidental Petroleum earned $1.76 in the second quarter, compared to $0.97 in the year-ago quarter. At the moment, the stock has a 52-week-high of $48.85 and a 52-week-low of $9.00. Occidental Petroleum closed at $14.92 at the end of the last trading period.

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Downgrades

  • For Cellular Biomedicine Group Inc (NASDAQ:CBMG), Baird downgraded the previous rating of Outperform to the current rating Neutral. In the second quarter, Cellular Biomedicine Gr showed an EPS of $0.70, compared to $0.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.50 and a 52-week-low of $10.98. Cellular Biomedicine Gr closed at $19.27 at the end of the last trading period.
  • For Deere & Co (NYSE:DE), JP Morgan downgraded the previous rating of Neutral to the current rating Underweight. In the second quarter, Deere showed an EPS of $2.11, compared to $3.52 from the year-ago quarter. The stock has a 52-week-high of $195.85 and a 52-week-low of $106.14. At the end of the last trading period, Deere closed at $192.30.
  • Seaport Global downgraded the previous rating for KB Home (NYSE:KBH) from Buy to Neutral. KB Home earned $0.55 in the second quarter, compared to $0.51 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.51 and a 52-week-low of $9.82. KB Home closed at $36.87 at the end of the last trading period.
  • According to Wells Fargo, the prior rating for Noble Energy Inc (NASDAQ:NBL) was changed from Overweight to Equal-Weight. Noble Energy earned $0.24 in the second quarter, compared to $0.10 in the year-ago quarter. The current stock performance of Noble Energy shows a 52-week-high of $27.31 and a 52-week-low of $2.73. Moreover, at the end of the last trading period, the closing price was at $10.72.
  • According to JP Morgan, the prior rating for Oshkosh Corp (NYSE:OSK) was changed from Overweight to Neutral. Oshkosh earned $1.29 in the third quarter, compared to $2.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $95.62 and a 52-week-low of $46.72. Oshkosh closed at $83.30 at the end of the last trading period.
  • According to Oppenheimer, the prior rating for Varex Imaging Corp (NASDAQ:VREX) was changed from Outperform to Perform. Varex Imaging earned $0.20 in the third quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $33.00 and a 52-week-low of $14.27. At the end of the last trading period, Varex Imaging closed at $16.00.
  • According to Deutsche Bank, the prior rating for BJ's Wholesale Club Holdings Inc (NYSE:BJ) was changed from Buy to Hold. In the first quarter, BJ's Wholesale Club showed an EPS of $0.69, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $43.10 and a 52-week-low of $18.84. At the end of the last trading period, BJ's Wholesale Club closed at $41.64.
  • For Ameren Corp (NYSE:AEE), B of A Securities downgraded the previous rating of Buy to the current rating Neutral. Ameren earned $0.98 in the second quarter, compared to $0.72 in the year-ago quarter. The current stock performance of Ameren shows a 52-week-high of $87.66 and a 52-week-low of $58.74. Moreover, at the end of the last trading period, the closing price was at $81.99.
  • For Invesco Ltd (NYSE:IVZ), Barclays downgraded the previous rating of Equal-Weight to the current rating Underweight. Invesco earned $0.35 in the second quarter, compared to $0.65 in the year-ago quarter. At the moment, the stock has a 52-week-high of $19.01 and a 52-week-low of $6.38. Invesco closed at $11.39 at the end of the last trading period.
  • For Carpenter Technology Corp (NYSE:CRS), Cowen & Co. downgraded the previous rating of Outperform to the current rating Market Perform. In the fourth quarter, Carpenter Tech showed an EPS of $0.31, compared to $1.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $56.33 and a 52-week-low of $13.60. Carpenter Tech closed at $23.99 at the end of the last trading period.
  • According to Cowen & Co., the prior rating for Allegheny Technologies Inc (NYSE:ATI) was changed from Outperform to Market Perform. In the second quarter, Allegheny Technologies showed an EPS of $0.02, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.17 and a 52-week-low of $4.95. Allegheny Technologies closed at $9.32 at the end of the last trading period.
  • Deutsche Bank downgraded the previous rating for Micron Technology Inc (NASDAQ:MU) from Buy to Hold. In the third quarter, Micron Technology showed an EPS of $0.82, compared to $1.05 from the year-ago quarter. The stock has a 52-week-high of $61.19 and a 52-week-low of $31.13. At the end of the last trading period, Micron Technology closed at $48.48.
  • Goldman Sachs downgraded the previous rating for Nabors Industries Ltd (NYSE:NBR) from Neutral to Sell. In the second quarter, Nabors Industries showed an EPS of $14.45, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $87.00 and a 52-week-low of $0.20. Nabors Industries closed at $55.16 at the end of the last trading period.
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Initiations

  • Barclays initiated coverage on Ameriprise Financial Inc (NYSE:AMP) with an Overweight rating. The price target for Ameriprise Financial is set to $195.00. In the second quarter, Ameriprise Financial showed an EPS of $2.64, compared to $4.06 from the year-ago quarter. The stock has a 52-week-high of $180.85 and a 52-week-low of $80.01. At the end of the last trading period, Ameriprise Financial closed at $161.18.
  • With a current rating of Overweight, Barclays initiated coverage on LPL Financial Holdings Inc (NASDAQ:LPLA). The price target seems to have been set at $100.00 for LPL Finl Hldgs. LPL Finl Hldgs earned $1.42 in the second quarter, compared to $1.85 in the year-ago quarter. The stock has a 52-week-high of $99.60 and a 52-week-low of $32.01. At the end of the last trading period, LPL Finl Hldgs closed at $84.37.
  • Truist Securities initiated coverage on TCR2 Therapeutics Inc (NASDAQ:TCRR) with a Buy rating. The price target for TCR2 Therapeutics is set to $40.00. For the first quarter, TCR2 Therapeutics had an EPS of $0.65, compared to year-ago quarter EPS of $4.85. The current stock performance of TCR2 Therapeutics shows a 52-week-high of $21.06 and a 52-week-low of $5.84. Moreover, at the end of the last trading period, the closing price was at $16.74.
  • Barclays initiated coverage on Voya Financial Inc (NYSE:VOYA) with an Overweight rating. The price target for Voya Finl is set to $60.00. In the second quarter, Voya Finl showed an EPS of $1.09, compared to $1.52 from the year-ago quarter. The current stock performance of Voya Finl shows a 52-week-high of $63.81 and a 52-week-low of $29.75. Moreover, at the end of the last trading period, the closing price was at $51.76.
  • Citigroup initiated coverage on AudioCodes Ltd (NASDAQ:AUDC) with a Neutral rating. The price target for AudioCodes is set to $38.00. In the second quarter, AudioCodes showed an EPS of $0.32, compared to $0.22 from the year-ago quarter. The current stock performance of AudioCodes shows a 52-week-high of $44.94 and a 52-week-low of $9.00. Moreover, at the end of the last trading period, the closing price was at $34.95.
  • Goldman Sachs initiated coverage on National Instruments Corp (NASDAQ:NATI) with a Neutral rating. The price target for National Instruments is set to $38.00. For the second quarter, National Instruments had an EPS of $0.26, compared to year-ago quarter EPS of $0.22. The current stock performance of National Instruments shows a 52-week-high of $47.89 and a 52-week-low of $20.42. Moreover, at the end of the last trading period, the closing price was at $35.99.
  • Goldman Sachs initiated coverage on PDC Energy Inc (NASDAQ:PDCE) with a Buy rating. The price target for PDC Energy is set to $20.00. PDC Energy earned $0.14 in the second quarter, compared to $0.34 in the year-ago quarter. The current stock performance of PDC Energy shows a 52-week-high of $36.49 and a 52-week-low of $4.51. Moreover, at the end of the last trading period, the closing price was at $16.28.
  • With a current rating of Outperform, SVB Leerink initiated coverage on AVEO Pharmaceuticals Inc (NASDAQ:AVEO). The price target seems to have been set at $7.00 for AVEO Pharmaceuticals. For the second quarter, AVEO Pharmaceuticals had an EPS of $0.42, compared to year-ago quarter EPS of $0.02. The current stock performance of AVEO Pharmaceuticals shows a 52-week-high of $10.71 and a 52-week-low of $0.47. Moreover, at the end of the last trading period, the closing price was at $4.40.
  • With a current rating of Buy, Jefferies initiated coverage on Chiasma Inc (NASDAQ:CHMA). The price target seems to have been set at $8.00 for Chiasma. Chiasma earned $0.50 in the second quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $7.75 and a 52-week-low of $2.88. At the end of the last trading period, Chiasma closed at $4.44.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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