Downgrades https://www.benzinga.com/views/taxonomy/term/70 en Analysts React To FDA AdCom Vote On ChemoCentryx's Avacopan, Stock Plunges https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21011933/analysts-react-to-fda-adcom-vote-on-chemocentryxs-avacopan-stock-plunges <ul> <li>Yesterday, the FDA&rsquo;s Arthritis Advisory Committee panelists went through cloudy data while complaining about the design of the Phase 3 trial for&nbsp;<strong>ChemoCentryx Inc&rsquo;s</strong>&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/ccxi#NASDAQ" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">CCXI</a>) avacopan. After going over time, they&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/general/biotech/21/05/21008128/adcomm-split-on-fda-approval-for-chemocentryxs-vasculitis-candidate" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">ended up without consensus</a>.</li> <li>This orphan drug has July 7 as its PDUFA date.</li> <li>What do analysts have to say after the AdCom splits slightly in favor of FDA approving this rare disease drug:</li> <li>Raymond James analyst Steven Seedhouse, on a reduced conviction in avacopan approval, downgraded the stock to Outperform from Strong Buy with the price target more than halved to $51 from $120. <ul> <li class="ql-indent-1">However, if approved, Seedhouse still thinks avacopan is a blockbuster drug and will ...</li></ul></li></ul><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21011933/analysts-react-to-fda-adcom-vote-on-chemocentryxs-avacopan-stock-plunges alt=Analysts React To FDA AdCom Vote On ChemoCentryx&#039;s Avacopan, Stock Plunges>Full story available on Benzinga.com</a></p> Analyst Color Arthritis Biotech Briefs CCXI News Downgrades Health Care Price Target Small Cap FDA Analyst Ratings General CCXI News Analyst Color Biotech Downgrades Health Care Price Target Small Cap FDA Analyst Ratings General Benzinga Fri, 07 May 2021 14:17:16 +0000 Vandana Singh 21011933 at https://www.benzinga.com Benzinga's Top Ratings Upgrades, Downgrades For May 7, 2021 https://www.benzinga.com/analyst-ratings/upgrades/21/05/21012558/benzingas-top-ratings-upgrades-downgrades-for-may-7-2021 <p>&nbsp;</p> <h2>Upgrades</h2> <ul> <li>Loop Capital upgraded the previous rating for <strong>Roku Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) from Hold to Buy. In the first quarter, Roku showed an EPS of $0.54, compared to $0.45 from the year-ago quarter. At the moment, the stock has a 52-week-high of $486.72 and a 52-week-low of $100.19. Roku closed at $284.18 at the end of the last trading period.</li> <li>Gordon Haskett upgraded the previous rating for <strong>Wayfair Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) from Hold to Buy. In the first quarter, Wayfair showed an EPS of $1.00, compared to $2.30 from the year-ago quarter. The stock has a 52-week-high of $369.00 and a 52-week-low of $144.51. At the end of the last trading period, Wayfair closed at $286.31.</li> <li>According to Morgan Stanley, the prior rating for <strong>Nokia Oyj</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) was changed from Equal-Weight to Overweight. Nokia earned $0.08 in the first quarter, compared to $0.01 in the year-ago quarter. The stock has a 52-week-high of $9.79 and a 52-week-low of $3.21. At the end of the last trading period, Nokia closed at $4.87.</li> <li>Seaport Global upgraded the previous rating for <strong>Azul SA</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZUL#NYSE">AZUL</a>) from Neutral to Buy. Azul earned $0.57 in the first quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $25.84 and a 52-week-low of $5.60. At the end of the last trading period, Azul closed at $21.28.</li> <li>According to Raymond James, the prior rating for <strong>ConocoPhillips</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) was changed from Outperform to Strong Buy. In the first quarter, ConocoPhillips showed an EPS of $0.69, compared to $0.45 from the year-ago quarter. The stock has a 52-week-high of $61.14 and a 52-week-low of $27.53. At the end of the last trading period, ConocoPhillips closed at $55.72.</li> <li>According to Wells Fargo, the prior rating for <strong>ViacomCBS Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIAC#NASDAQ">VIAC</a>) was changed from Underweight to Equal-Weight. In the first quarter, ViacomCBS showed an EPS of $1.52, compared to $1.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $101.97 and a 52-week-low of $14.79. ViacomCBS closed at $38.15 at the end of the last trading period.</li> <li>DA Davidson upgraded the previous rating for <strong>Funko Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) from Neutral to Buy. For the first quarter, Funko had an EPS of $0.24, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $25.07 and a 52-week-low of $3.61. Funko closed at $21.22 at the end of the last trading period.</li> <li>BTIG upgraded the previous rating for <strong>Tapestry Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) from Neutral to Buy. For the third quarter, Tapestry had an EPS of $0.51, compared to year-ago quarter EPS of $0.27. The current stock performance of Tapestry shows a 52-week-high of $49.42 and a 52-week-low of $11.51. Moreover, at the end of the last trading period, the closing price was at $46.74.</li> <li>For ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/21012558/benzingas-top-ratings-upgrades-downgrades-for-may-7-2021 alt=Benzinga&#039;s Top Ratings Upgrades, Downgrades For May 7, 2021>Full story available on Benzinga.com</a></p> AGS ALB ALTR APD AZUL BZI-Ratings CCXI CMMB COP EPZM EQC ETSY FCN FNKO FOUR HGEN HMPT MFC NOK NTLA PBA ROKU SCS TLRY TPR TRIN TUP VER VIAC VRAY W Upgrades Downgrades Initiation Intraday Update Analyst Ratings PBA ETSY ALTR VRAY TRIN VER ALB US0126531013 NTLA APD US0091581068 AZUL COP US20825C1045 VIAC HGEN FCN US3029411093 ROKU MFC CA56501R1064 TPR NOK US6549022043 FNKO SCS US8581552036 AGS TUP US8998961044 TLRY US88688T1007 CCXI HMPT FOUR CMMB EPZM W EQC Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Fri, 07 May 2021 14:02:22 +0000 Benzinga Insights 21012558 at https://www.benzinga.com Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2021 https://www.benzinga.com/analyst-ratings/upgrades/21/05/20990528/benzingas-top-ratings-upgrades-downgrades-for-may-6-2021 <p>&nbsp;</p> <h2>Upgrades</h2> <ul> <li>Argus Research upgraded the previous rating for <strong>The Chemours Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CC#NYSE">CC</a>) from Hold to Buy. Chemours earned $0.71 in the first quarter, compared to $0.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.17 and a 52-week-low of $10.62. Chemours closed at $33.78 at the end of the last trading period.</li> <li>According to Argus Research, the prior rating for <strong>Restaurant Brands International Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) was changed from Hold to Buy. In the first quarter, Restaurant Brands Intl earned $0.55. The stock has a 52-week-high of $71.12 and a 52-week-low of $48.09. At the end of the last trading period, Restaurant Brands Intl closed at $69.01.</li> <li>According to Raymond James, the prior rating for <strong>Maxeon Solar Technologies Ltd</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) was changed from Outperform to Strong Buy. In the fourth quarter, Maxeon Solar Technologies showed an EPS of $0.11, compared to $1.51 from the year-ago quarter. At the moment, the stock has a 52-week-high of $57.97 and a 52-week-low of $11.78. Maxeon Solar Technologies closed at $15.43 at the end of the last trading period.</li> <li>Craig-Hallum upgraded the previous rating for <strong>Hudson Technologies Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HDSN#NASDAQ">HDSN</a>) from Hold to Buy. For the first quarter, Hudson Technologies had an EPS of $0.02, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $2.25 and a 52-week-low of $0.78. At the end of the last trading period, Hudson Technologies closed at $1.92.</li> <li>According to Citigroup, the prior rating for <strong>Alcon Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALC#NYSE">ALC</a>) was changed from Sell to Neutral. Alcon earned $0.49 in the first quarter, compared to $0.45 in the year-ago quarter. The current stock performance of Alcon shows a 52-week-high of $76.53 and a 52-week-low of $51.01. Moreover, at the end of the last trading period, the closing price was at $70.14.</li> <li>For <strong>Accolade Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACCD#NASDAQ">ACCD</a>), SVB Leerink upgraded the previous rating of Market Perform to Outperform. In the fourth quarter, Accolade earned $0.22. The stock has a 52-week-high of $65.25 and a 52-week-low of $29.50. At the end of the last trading period, Accolade closed at $45.05.</li> <li>For <strong>Neurocrine Biosciences Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>), Barclays upgraded the previous rating of Equal-Weight to Overweight. Neurocrine Biosciences earned $0.49 in the first quarter, compared to $0.82 in the year-ago quarter. At the moment, the stock has a 52-week-high of $136.26 and a 52-week-low of $86.02. Neurocrine Biosciences closed at $91.60 at the end of the last trading period.</li> <li>Stephens &amp; Co. upgraded the previous rating for <strong>WideOpenWest Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOW#NYSE">WOW</a>) from Equal-Weight to Overweight. For the first quarter, WideOpenWest had an EPS of $0.11, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $18.20 and a 52-week-low of $4.72. WideOpenWest closed at $15.38 at the end of the last trading period.</li> <li>For <strong>Zynga Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZNGA#NASDAQ">ZNGA</a>), B of A Securities upgraded the previous rating of Neutral to Buy. Zynga earned $0.08 in the first quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.32 and a 52-week-low of $7.42. Zynga closed at $10.14 at the end of the last trading period.</li> <li>For <strong>Astec Industries Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTE#NASDAQ">ASTE</a>), Stifel upgraded the previous rating of Hold to Buy. For the first quarter, Astec Industries had an EPS of $0.41, compared to year-ago quarter EPS of $1.00. The current stock performance of Astec Industries shows a 52-week-high of $80.00 and ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/20990528/benzingas-top-ratings-upgrades-downgrades-for-may-6-2021 alt=Benzinga&#039;s Top Ratings Upgrades, Downgrades For May 6, 2021>Full story available on Benzinga.com</a></p> ACCD ALC ARCE ASTE BZI-Ratings CC CCRN CMLS CTIC DFIN DRI DRTT EOLS FLEX FMC FRLN FRT GFN HDSN MAXN MELI NBIX NGG OCFC PAYA PFE PSNL PTON PXD QSR RARE TLRY UTL WOW ZNGA Upgrades Downgrades Initiation Intraday Update Analyst Ratings PXD US7237871071 MAXN ASTE US0462241011 UTL US9132591077 PAYA CCRN US2274831047 CC CMLS US2310821085 CTIC US1509346029 ZNGA FLEX SG9999000020 RARE GFN US3698221013 QSR HDSN US4441441098 DFIN MELI US58733R1023 WOW NBIX US64125C1099 EOLS OCFC US6752341080 TLRY US88688T1007 ALC US04544X3008 ARCE DRI US2371941053 PTON FMC US3024913036 PSNL FRT US3137472060 FRLN NGG US6362743006 DRTT PFE US7170811035 ACCD Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Thu, 06 May 2021 14:06:39 +0000 Benzinga Insights 20990528 at https://www.benzinga.com Esperion Stock Plummets On Wider Than Expected Q1 Earnings Loss; Analysts Move To Sidelines https://www.benzinga.com/news/earnings/21/05/20969221/esperion-stock-plummets-on-wider-than-expected-q1-earnings-loss-analysts-move-to-sidelines <ul> <li><strong>Esperion Therapeutics Inc</strong>&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/espr#NASDAQ" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">ESPR</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/05/g20948962/esperion-reports-first-quarter-2021-financial-results-and-provides-company-update" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">reported a first-quarter EPS loss</a>&nbsp;of $3.50, compared to $2.84 a year ago, which missed the analyst consensus estimate of $2.52.</li> <li>The company reported quarterly sales of $7.98 million, which sharply missed the consensus estimate of $26.12 million.</li> <li>The increase in total revenue was primarily due to Nexletol and Nexlizet being available for sale during Q1. But net U.S. revenue was negatively impacted by net pricing.</li> <li>Esperion&#39;s Pro-forma cash balance was $297.9 million due to the $30 million upfront payment from Daiichi Sankyo and the $50 million payment from Oberland Capital to be received in May 2021.</li> <li>R&amp;D expenses for the full year 2021 are expected to be $120 million to $130 million. SG&amp;A expenses for the full year 2021 are expected to be $200 million to $210 million.</li> <li>In reaction to the results, various analysts have downgraded/cut the target price for Esperion, including: <ul> <li class="ql-indent-1">Stifel downgrades to Hold from ...</li></ul></li></ul><p><a href=https://www.benzinga.com/news/earnings/21/05/20969221/esperion-stock-plummets-on-wider-than-expected-q1-earnings-loss-analysts-move-to-sidelines alt=Esperion Stock Plummets On Wider Than Expected Q1 Earnings Loss; Analysts Move To Sidelines>Full story available on Benzinga.com</a></p> Briefs Earnings ESPR News Guidance Downgrades Health Care Price Target Contracts Small Cap Analyst Ratings General ESPR News Earnings Guidance Downgrades Health Care Price Target Contracts Small Cap Analyst Ratings General Benzinga Wed, 05 May 2021 19:38:04 +0000 Vandana Singh 20969221 at https://www.benzinga.com Benzinga's Top Ratings Upgrades, Downgrades For May 5, 2021 https://www.benzinga.com/analyst-ratings/upgrades/21/05/20965205/benzingas-top-ratings-upgrades-downgrades-for-may-5-2021 <p>&nbsp;</p> <h2>Upgrades</h2> <ul> <li>Atlantic Equities upgraded the previous rating for <strong>Under Armour Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) from Underweight to Neutral. Under Armour earned $0.16 in the first quarter. The current stock performance of Under Armour shows a 52-week-high of $24.75 and a 52-week-low of $7.15. Moreover, at the end of the last trading period, the closing price was at $23.91.</li> <li>Stifel upgraded the previous rating for <strong>Nova Measuring Instruments Ltd</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVMI#NASDAQ">NVMI</a>) from Hold to Buy. Nova Measuring earned $0.55 in the fourth quarter, compared to $0.51 in the year-ago quarter. At the moment, the stock has a 52-week-high of $99.79 and a 52-week-low of $35.66. Nova Measuring closed at $89.62 at the end of the last trading period.</li> <li>For <strong>XPO Logistics Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>), Vertical Research upgraded the previous rating of Hold to Buy. For the first quarter, XPO Logistics had an EPS of $1.46, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $142.70 and a 52-week-low of $60.75. At the end of the last trading period, XPO Logistics closed at $141.52.</li> <li>For <strong>Community Health Systems Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>), Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, Community Health Systems had an EPS of $0.36, compared to year-ago quarter EPS of $1.59. At the moment, the stock has a 52-week-high of $14.39 and a 52-week-low of $2.46. Community Health Systems closed at $12.49 at the end of the last trading period.</li> </ul> <p><em><a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a></em></p> <p>&nbsp;</p> <h2>Downgrades</h2> <ul> <li>According to Stephens &amp; Co., the prior rating for <strong>Investors Bancorp Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISBC#NASDAQ">ISBC</a>) was changed from Overweight to Equal-Weight. Investors Bancorp earned $0.31 in the first quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.71 and a 52-week-low of $6.74. Investors Bancorp closed at $15.03 at the end of the last trading period.</li> <li>For <strong>Ingredion Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGR#NYSE">INGR</a>), Stephens &amp; Co. downgraded the previous rating of Overweight to Equal-Weight. Ingredion earned $1.85 in the first quarter, compared to $1.59 in the year-ago quarter. The current stock performance of Ingredion shows a 52-week-high of $95.00 and a 52-week-low of $68.71. Moreover, at the end of the last trading period, the closing price was at $93.68.</li> <li>Argus Research downgraded the previous rating for <strong>Emergent BioSolutions Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) from Buy to Hold. In the first quarter, Emergent BioSolutions showed an EPS of $1.53, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $137.61 and a 52-week-low of $58.83. At the end of the last trading period, Emergent BioSolutions closed at $59.06.</li> <li>Argus Research downgraded the previous rating for <strong>Altria Group Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) from Buy to Hold. Altria Group earned $1.07 in the first quarter, compared to $1.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.59 and a 52-week-low of $35.02. Altria Group closed at $47.83 at the end of the last trading period.</li> <li>According to Canaccord Genuity, the prior rating for <strong>Mercury Systems Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) was changed from Buy to Hold. Mercury Systems earned $0.64 in the third quarter, compared to $0.60 in the year-ago quarter. The stock ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/20965205/benzingas-top-ratings-upgrades-downgrades-for-may-5-2021 alt=Benzinga&#039;s Top Ratings Upgrades, Downgrades For May 5, 2021>Full story available on Benzinga.com</a></p> AZEK BLDP BZI-Ratings CCEP CSV CYH EBS EM EPAY EQOS ESPR INGR INTZ ISBC ITOS KHC LX MO MRCY MREO NVDA NVMI OUST RACE TREX TRI UAA VICI VSEC XPO Upgrades Downgrades Initiation Intraday Update Analyst Ratings XPO US9837931008 INTZ BLDP CA0585861085 MREO EPAY US1013881065 ESPR ISBC US46146P1021 LX MRCY US5893781089 KHC NVDA US67066G1040 RACE NVMI IL0010845571 UAA VSEC US9182841000 VICI CSV US1439051079 CCEP CYH US2036681086 AZEK EBS US29089Q1058 ITOS MO US02209S1033 EQOS TRI CA8849031056 OUST EM TREX US89531P1057 INGR Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Wed, 05 May 2021 14:09:52 +0000 Benzinga Insights 20965205 at https://www.benzinga.com Sarat Sethi Disagrees With Bank Of America Downgrade By Baird https://www.benzinga.com/analyst-ratings/downgrades/21/05/20946869/sarat-sethi-disagrees-with-bank-of-america-downgrade-by-baird <p>If the lending business picks up, <strong>Bank Of America Corp </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bac#NYSE">BAC</a>) is one of the best banks to own,&nbsp;Douglas C. Lane &amp; Associates&#39; Sarat Sethi said Tuesday on CNBC&#39;s &quot;Fast Money: Halftime Report&quot;</p> <p><strong>What Happened:</strong> Baird analyst David George downgraded&nbsp;Bank of America&nbsp;from Outperform to Neutral and announced a&nbsp;$42&nbsp;price target on Tuesday.</p> <p>&quot;I disagree with this call. It&#39;s one of my top holdings,&quot; Sethi said. If interest rates begin to rise, the stock will be positively impacted in numerous ways, he said.</p> <p><strong>Recent Earnings Report:&nbsp;</strong>Bank Of America reported first-quarter ...</p><p><a href=https://www.benzinga.com/analyst-ratings/downgrades/21/05/20946869/sarat-sethi-disagrees-with-bank-of-america-downgrade-by-baird alt=Sarat Sethi Disagrees With Bank Of America Downgrade By Baird>Full story available on Benzinga.com</a></p> BAC Baird CNBC David George Fast Money Halftime Report Sarat Sethi Downgrades Price Target Analyst Ratings Media BAC US0605051046 Downgrades Price Target Analyst Ratings Media Benzinga Tue, 04 May 2021 21:02:46 +0000 Adam Eckert 20946869 at https://www.benzinga.com Kroger and Alberstons Stocks Get Downgrade: What You Need To Know https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20946493/kroger-and-alberstons-stocks-get-downgrade-what-you-need-to-know <p>Two leading grocery chains, <strong>Kroger Co</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kr#NYSE">KR</a>) and <strong>Albertsons Companies Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aci#NYSE">ACI</a>), received downgraded ratings from Goldman Sachs.</p> <p><strong>A Shifting Landscape:</strong> Analyst Kate McShane noted that the grocery retail industry stood out within the past year&rsquo;s economy &ldquo;with outsized sales growth as a result of pandemic-related demand.&rdquo;</p> <p>But McShane observed that upcoming months might not be as favorable to this industry.</p> <p>&ldquo;As economies reopen and customer demand likely shifts incrementally towards food away from home, we think the promotional environment could become more competitive in grocery throughout the coming year,&rdquo; she wrote. &ldquo;That, coupled with potentially rising costs from inflation, results in multiple headwinds that could pressure margins for grocers.&rdquo;</p> <p><strong>The Problem With Kroger:</strong> McShane downgraded Kroger from Sell to Neutral, with a price target lowered from $37 to $31.</p> <p>McShane pointed to new challenges facing grocery retailers in general and Kroger in particular, calling ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20946493/kroger-and-alberstons-stocks-get-downgrade-what-you-need-to-know alt=Kroger and Alberstons Stocks Get Downgrade: What You Need To Know>Full story available on Benzinga.com</a></p> ACI Analyst Color food Goldman Sach Grocery Grocery stores KR News stock downgrades Downgrades Analyst Ratings ACI US0393801008 KR US5010441013 News Analyst Color Downgrades Analyst Ratings Benzinga Tue, 04 May 2021 20:58:39 +0000 Phil Hall 20946493 at https://www.benzinga.com Why Kroger Stock Is Trading Lower Today https://www.benzinga.com/analyst-ratings/downgrades/21/05/20939537/why-kroger-stock-is-trading-lower-today <p><strong>The Kroger Co</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kr#NYSE">KR</a>)&nbsp;shares are trading lower after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $37 to $31.</p> <p>Kroger is the leading American grocer, with 2,742 supermarkets operating under several banners throughout the country as of the end of fiscal ...</p><p><a href=https://www.benzinga.com/analyst-ratings/downgrades/21/05/20939537/why-kroger-stock-is-trading-lower-today alt=Why Kroger Stock Is Trading Lower Today>Full story available on Benzinga.com</a></p> KR why it's moving Downgrades Analyst Ratings Movers Trading Ideas KR US5010441013 Downgrades Analyst Ratings Movers Trading Ideas Benzinga Tue, 04 May 2021 15:08:32 +0000 Tyree Gorges 20939537 at https://www.benzinga.com Benzinga's Top Ratings Upgrades, Downgrades For May 4, 2021 https://www.benzinga.com/analyst-ratings/upgrades/21/05/20939721/benzingas-top-ratings-upgrades-downgrades-for-may-4-2021 <p>&nbsp;</p> <h2>Upgrades</h2> <ul> <li>For <strong>Genuine Parts Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>), Goldman Sachs upgraded the previous rating of Sell to Neutral. In the first quarter, Genuine Parts showed an EPS of $1.50, compared to $0.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $128.46 and a 52-week-low of $67.12. Genuine Parts closed at $127.19 at the end of the last trading period.</li> <li>For <strong>Fox Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>), Rosenblatt upgraded the previous rating of Sell to Neutral. In the second quarter, Fox showed an EPS of $0.16, compared to $0.10 from the year-ago quarter. The current stock performance of Fox shows a 52-week-high of $44.80 and a 52-week-low of $23.57. Moreover, at the end of the last trading period, the closing price was at $36.61.</li> <li>According to Wedbush, the prior rating for <strong>Shift Technologies Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFT#NASDAQ">SFT</a>) was changed from Underperform to Neutral. In the fourth quarter, Shift Technologies earned $0.07. The stock has a 52-week-high of $12.34 and a 52-week-low of $6.40. At the end of the last trading period, Shift Technologies closed at $8.60.</li> <li>Needham upgraded the previous rating for <strong>Cirrus Logic Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) from Hold to Buy. Cirrus Logic earned $0.66 in the fourth quarter, compared to $0.68 in the year-ago quarter. The current stock performance of Cirrus Logic shows a 52-week-high of $103.25 and a 52-week-low of $55.30. Moreover, at the end of the last trading period, the closing price was at $73.00.</li> <li>According to UBS, the prior rating for <strong>Quest Diagnostics Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) was changed from Neutral to Buy. In the first quarter, Quest Diagnostics showed an EPS of $3.76, compared to $0.94 from the year-ago quarter. The stock has a 52-week-high of $134.75 and a 52-week-low of $103.26. At the end of the last trading period, Quest Diagnostics closed at $132.69.</li> <li>According to Credit Suisse, the prior rating for <strong>Cogent Communications Holdings Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) was changed from Neutral to Outperform. In the first quarter, Cogent Comms Hldgs showed an EPS of $0.41, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $90.96 and a 52-week-low of $53.20. Cogent Comms Hldgs closed at $76.09 at the end of the last trading period.</li> <li>BFor <strong>Nutanix Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>), JP Morgan upgraded the previous rating of Neutral to Overweight. In the second quarter, Nutanix showed an EPS of $0.37, compared to $0.60 from the year-ago quarter. The current stock performance of Nutanix shows a 52-week-high of $35.58 and a 52-week-low of $17.29. Moreover, at the end of the last trading period, the closing price was at $26.54.</li> <li>According to Bernstein, the prior rating for <strong>Boeing Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) was changed from Underperform to Market Perform. In the first quarter, Boeing showed an EPS of $1.53, compared to $1.70 from the year-ago quarter. The stock has a 52-week-high of $278.57 and a 52-week-low of $113.89. At the end of the last trading period, Boeing closed at $235.28.</li> <li>Baird upgraded the previous rating for <strong>ON Semiconductor Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) from Neutral to Outperform. In the first quarter, ON Semiconductor showed an EPS of $0.35, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $44.59 and a 52-week-low of $13.48. ON Semiconductor closed at $37.57 at the end of the last trading period.</li> <li>Needham upgraded the previous rating for <strong>Ceragon Networks Ltd</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRNT#NASDAQ">CRNT</a>) from Hold to Buy. In the first quarter, Ceragon Networks showed an EPS of $0.01, compared to $0.08 from the year-ago quarter. The stock has a 52-week-high of $6.90 and a 52-week-low of $1.95. At the end of the last trading period, Ceragon Networks closed at $3.33.</li> <li>According to Atlantic Equities, the prior rating for <strong>W.W. Grainger Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) was changed from Underweight to Neutral. For the first quarter, W.W. Grainger had an EPS of $4.48, compared to year-ago quarter EPS of $4.24. The current stock performance of W.W. Grainger shows a 52-week-high of $452.82 and a 52-week-low of $263.27. Moreover, at the end of the last trading period, the closing price was at $443.97.</li> <li>For <strong>Advance Auto Parts Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>), Goldman Sachs upgraded the previous rating of Sell to Buy. For the fourth quarter, Advance Auto Parts had an EPS of ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/20939721/benzingas-top-ratings-upgrades-downgrades-for-may-4-2021 alt=Benzinga&#039;s Top Ratings Upgrades, Downgrades For May 4, 2021>Full story available on Benzinga.com</a></p> AAP ACI ASH BA BAC BEAM BHLB BSAC BZI-Ratings CCI CCOI CMC CRNT CRUS DADA DG DGX DPZ EDIT FBC FFG FOXA GPC GWW IEA KR LHDX MCF MILE MSTR NTLA NTNX ON PLL PSTI RBLX RPHM SFT SGMO TEVA TRIN VECT Upgrades Downgrades Initiation Intraday Update Analyst Ratings MCF US21075N2045 CMC US2017231034 SFT BHLB US0846801076 DGX US74834L1008 NTNX CCOI US19239V3024 DPZ US25754A2015 EDIT CRNT IL0010851660 FBC US3379305077 NTLA CRUS US1727551004 FFG US30239F1066 IEA MSTR US5949724083 GPC US3724601055 RBLX PSTI US72940R1023 GWW US3848021040 LHDX SGMO US8006771062 KR US5010441013 MILE TEVA US8816242098 PLL US6964293079 RPHM TRIN DG US2566771059 AAP US00751Y1064 BEAM ACI US0393801008 BSAC ASH US0442091049 ON BA US0970231058 VECT BAC US0605051046 FOXA US90130A1016 CCI US2282271046 DADA Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Tue, 04 May 2021 14:09:11 +0000 Benzinga Insights 20939721 at https://www.benzinga.com Benzinga's Top Ratings Upgrades, Downgrades For May 3, 2021 https://www.benzinga.com/analyst-ratings/upgrades/21/05/20916082/benzingas-top-ratings-upgrades-downgrades-for-may-3-2021 <p>&nbsp;</p> <h2>Upgrades</h2> <ul> <li>According to B of A Securities, the prior rating for <strong>First Solar Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) was changed from Neutral to Buy. First Solar earned $0.81 in the first quarter, compared to $0.85 in the year-ago quarter. The current stock performance of First Solar shows a 52-week-high of $112.50 and a 52-week-low of $37.92. Moreover, at the end of the last trading period, the closing price was at $76.53.</li> <li>For <strong>Alphabet Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), China Renaissance upgraded the previous rating of Hold to Buy. Alphabet earned $26.29 in the first quarter, compared to $9.87 in the year-ago quarter. The current stock performance of Alphabet shows a 52-week-high of $2431.38 and a 52-week-low of $1296.01. Moreover, at the end of the last trading period, the closing price was at $2353.50.</li> <li>Wolfe Research upgraded the previous rating for <strong>United Parcel Service Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) from Peer Perform to Outperform. For the first quarter, United Parcel Service had an EPS of $2.77, compared to year-ago quarter EPS of $1.15. The current stock performance of United Parcel Service shows a 52-week-high of $205.77 and a 52-week-low of $88.85. Moreover, at the end of the last trading period, the closing price was at $203.84.</li> <li>Wolfe Research upgraded the previous rating for <strong>FedEx Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from Peer Perform to Outperform. FedEx earned $3.47 in the third quarter, compared to $1.41 in the year-ago quarter. The current stock performance of FedEx shows a 52-week-high of $305.66 and a 52-week-low of $103.40. Moreover, at the end of the last trading period, the closing price was at $290.69.</li> <li>Raymond James upgraded the previous rating for <strong>Forward Air Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRD#NASDAQ">FWRD</a>) from Outperform to Strong Buy. For the first quarter, Forward Air had an EPS of $0.60, compared to year-ago quarter EPS of $0.30. At the moment, the stock has a 52-week-high of $93.53 and a 52-week-low of $40.75. Forward Air closed at $88.29 at the end of the last trading period.</li> <li>Wells Fargo upgraded the previous rating for <strong>PG&amp;E Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) from Equal-Weight to Overweight. PG&amp;E earned $0.23 in the first quarter, compared to $0.89 in the year-ago quarter. The current stock performance of PG&amp;E shows a 52-week-high of $13.34 and a 52-week-low of $8.35. Moreover, at the end of the last trading period, the closing price was at $11.31.</li> <li>For <strong>O-I Glass Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OI#NYSE">OI</a>), Barclays upgraded the previous rating of Underweight to Equal-Weight. For the first quarter, O-I Glass had an EPS of $0.35, compared to year-ago quarter EPS of $0.41. The stock has a 52-week-high of $16.74 and a 52-week-low of $5.76. At the end of the last trading period, O-I Glass closed at $16.48.</li> <li>Barclays upgraded the previous rating for <strong>Patterson-UTI Energy Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) from Equal-Weight to Overweight. For the first quarter, Patterson-UTI Energy had an EPS of $0.57, compared to year-ago quarter EPS of $0.45. At the moment, the stock has a 52-week-high of $9.74 and a 52-week-low of $2.38. Patterson-UTI Energy closed at $6.76 at the end of the last trading period.</li> <li>For <strong>Halliburton Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>), Barclays upgraded the previous rating of Equal-Weight to Overweight. In the first quarter, Halliburton showed an EPS of $0.19, compared to $0.31 from the year-ago quarter. The current stock performance of Halliburton shows a 52-week-high of $24.74 and a 52-week-low of $9.05. Moreover, at the end of the last trading period, the closing price was at $19.54.</li> <li>According to Barclays, the prior rating for <strong>Cactus Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>) was changed from Equal-Weight to Overweight. For the fourth quarter, Cactus had an EPS of $0.08, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $39.07 and a 52-week-low of $14.70. At the end of the last trading period, Cactus closed at $29.81.</li> <li>For <strong>Baker Hughes Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NYSE">BKR</a>), Barclays upgraded the previous rating of Equal-Weight to Overweight. For the first quarter, Baker Hughes had an EPS of $0.12, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $25.64 and a 52-week-low of $12.13. Baker Hughes closed at ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/20916082/benzingas-top-ratings-upgrades-downgrades-for-may-3-2021 alt=Benzinga&#039;s Top Ratings Upgrades, Downgrades For May 3, 2021>Full story available on Benzinga.com</a></p> AACQ ADVM AVB BKR BZI-Ratings CHWY CLNN CLX CMCO CRNX CTO CVNA DKNG DMTK DTE ESRT ESS FAF FDX FNF FSLR FWRD GOOGL GPK HAL LAZY MPB MPW NJR OI ONEM PCG PRQR PTEN REGI SEAC SNOW SPCB UPS VER VICI VIRX WELL WHD WY Upgrades Downgrades Initiation Intraday Update Analyst Ratings ADVM BKR US0571491069 HAL US4062161017 CVNA CTO US2102261060 MPW US58463J3041 VICI CMCO US1993331057 NJR US6460251068 LAZY FSLR US3364331070 OI US6907684038 WHD FWRD US3498531017 PCG US69331C1080 CRNX MPB US59540G1076 UPS US9113121068 CHWY PTEN US7034811015 WY US9621661043 ONEM SEAC US8116991071 REGI DKNG AVB US0534841012 WELL AACQ CLX US1890541097 GOOGL US38259P5089 CLNN DTE US2333311072 ESRT SPCB VIRX ESS US2971781057 SNOW FAF US31847R1023 DMTK FDX US31428X1063 PRQR FNF US31620R1059 VER GPK US3886891015 Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Mon, 03 May 2021 14:08:15 +0000 Benzinga Insights 20916082 at https://www.benzinga.com What 5 Analysts Think Of eBay's Mixed Guidance For Q2 https://www.benzinga.com/analyst-ratings/analyst-color/21/04/20868492/what-5-analysts-think-of-ebays-mixed-guidance-for-q2 <p><strong>eBay Inc&nbsp;</strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ebay#NASDAQ">EBAY</a>) shares&nbsp;pulled back sharply after issuing mixed guidance for the second quarter.</p> <p><strong>The eBay Analysts: </strong> BofA Securities analyst Justin Post reiterated a Neutral rating on eBay shares and lowered the price target from $71 to $68.</p> <p>Morgan Stanley analyst Brian Nowak maintained an Equal-weight rating and a $63 price target.</p> <p>Wedbush analyst Ygal Arounian downgraded eBay shares from Outperform to Neutral and reduced the price target from $74 to $63.</p> <p>KeyBanc Capital Markets analyst Edward Yruma maintained an Overweight rating and an $80 price target.</p> <p>Raymond James analyst Aaron Kessler maintained a Market Perform rating.</p> <p><em><a href="https://www.benzinga.com/news/21/04/20851951/13-stocks-moving-in-wednesdays-after-hours-session">Related Link: </a><a href="https://www.benzinga.com/money/buy-ebay-stocks/">How to Buy eBay (EBAY) Stock</a></em></p> <p><strong>GMV Commentary Adds Uncertainty, BofA Says: </strong> eBay reported first-quarter revenues of $3.02 billion and EPS of $1.09, ahead of the Street estimates of $2.97 billion and $1.06, respectively, BofA analyst Post said in a note.</p> <p>With stimulus benefit in the first quarter, U.S. gross merchandise volume growth was strong at 36% year-over-year, the analyst noted. U.S. revenue growth of 56% was achieved on the back of management payments rollout accelerating to 80% complete in the U.S., he added.</p> <p>The guidance for a year-over-year decline in gross merchandise volume in the second quarter, with the weakness possibly lasting through the fourth quarter, overshadowed the quarterly results, the analyst ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/04/20868492/what-5-analysts-think-of-ebays-mixed-guidance-for-q2 alt=What 5 Analysts Think Of eBay&#039;s Mixed Guidance For Q2>Full story available on Benzinga.com</a></p> Aaron Kessler Analyst Color BofA Securities Brian Nowak Earnings EBAY Edward Yruma Justin Post KeyBanc Capital Markets Morgan Stanley News Raymond James Wedbush Ygal Arounian Downgrades Price Target Reiteration Analyst Ratings Trading Ideas EBAY US2786421030 News Analyst Color Earnings Downgrades Price Target Reiteration Analyst Ratings Trading Ideas Benzinga Fri, 30 Apr 2021 17:18:32 +0000 Shanthi Rexaline 20868492 at https://www.benzinga.com Benzinga's Top Ratings Upgrades, Downgrades For April 30, 2021 https://www.benzinga.com/analyst-ratings/upgrades/21/04/20889350/benzingas-top-ratings-upgrades-downgrades-for-april-30-2021 <p>&nbsp;</p> <h2>Upgrades</h2> <ul> <li>For <strong>SPS Commerce Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. In the first quarter, SPS Commerce showed an EPS of $0.43, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $118.06 and a 52-week-low of $50.53. At the end of the last trading period, SPS Commerce closed at $101.05.</li> <li>Canaccord Genuity upgraded the previous rating for <strong>Coeur Mining Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) from Hold to Buy. Coeur Mining earned $0.06 in the first quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $12.60 and a 52-week-low of $3.79. At the end of the last trading period, Coeur Mining closed at $8.22.</li> <li>Macquarie upgraded the previous rating for <strong>Discovery Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DISCA#NASDAQ">DISCA</a>) from Underperform to Neutral. In the first quarter, Discovery showed an EPS of $0.21, compared to $0.87 from the year-ago quarter. The current stock performance of Discovery shows a 52-week-high of $78.14 and a 52-week-low of $18.56. Moreover, at the end of the last trading period, the closing price was at $37.95.</li> <li>According to Macquarie, the prior rating for <strong>ViacomCBS Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIAC#NASDAQ">VIAC</a>) was changed from Underperform to Neutral. For the fourth quarter, ViacomCBS had an EPS of $1.04, compared to year-ago quarter EPS of $0.97. The stock has a 52-week-high of $101.97 and a 52-week-low of $14.79. At the end of the last trading period, ViacomCBS closed at $41.50.</li> <li>DA Davidson upgraded the previous rating for <strong>1-800-Flowers.com Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLWS#NASDAQ">FLWS</a>) from Neutral to Buy. In the third quarter, 1-800-Flowers.com showed an EPS of $0.02, compared to $0.14 from the year-ago quarter. The stock has a 52-week-high of $39.61 and a 52-week-low of $17.78. At the end of the last trading period, 1-800-Flowers.com closed at $29.89.</li> <li>Oppenheimer upgraded the previous rating for <strong>Cogent Communications Holdings Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) from Perform to Outperform. In the first quarter, Cogent Comms Hldgs showed an EPS of $0.41, compared to $0.20 from the year-ago quarter. The current stock performance of Cogent Comms Hldgs shows a 52-week-high of $90.96 and a 52-week-low of $53.20. Moreover, at the end of the last trading period, the closing price was at $72.74.</li> <li>For <strong>Avnet Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVT#NASDAQ">AVT</a>), Loop Capital upgraded the previous rating of Hold to Buy. In the third quarter, Avnet showed an EPS of $0.74, compared to $0.38 from the year-ago quarter. The current stock performance of Avnet shows a 52-week-high of $44.92 and a 52-week-low of $24.30. Moreover, at the end of the last trading period, the closing price was at $44.17.</li> <li>For <strong>Eversource Energy</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>), Scotiabank upgraded ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/04/20889350/benzingas-top-ratings-upgrades-downgrades-for-april-30-2021 alt=Benzinga&#039;s Top Ratings Upgrades, Downgrades For April 30, 2021>Full story available on Benzinga.com</a></p> AVB AVT AX BHLB BMY BZI-Ratings CARR CCOI CDE CONE CYCC CYH DISCA DKNG EQNR ES FLWS FOXF GPRE HCC RBB RMBS SIOX SPGI SPSC STRA TXT VER VIAC Upgrades Downgrades Initiation Intraday Update Analyst Ratings SPSC US78463M1071 BHLB US0846801076 CONE CCOI US19239V3024 FOXF CYCC US23254L1089 VER DISCA US25470F1049 SPGI FLWS US68243Q1067 AX GPRE US3932221043 VIAC RMBS US7509171069 RBB STRA US8632361056 AVB US0534841012 EQNR AVT US0538071038 CARR BMY US1101221083 DKNG CDE US1921085049 SIOX CYH US2036681086 ES US2927562023 HCC US4041321021 TXT US8832031012 Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Fri, 30 Apr 2021 14:04:14 +0000 Benzinga Insights 20889350 at https://www.benzinga.com JPMorgan Downgrades Cree On Valuation https://www.benzinga.com/analyst-ratings/analyst-color/21/04/20866639/jpmorgan-downgrades-cree-on-valuation <p>Although <strong>Cree, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cree#NASDAQ">CREE</a>) reported its fiscal third-quarter results in-line with expectations and announced mixed guidance for its fiscal fourth quarter, which &ldquo;leaves the narrative unchanged,&rdquo; the stock valuation appears rich, according to JPMorgan.</p> <p><strong>The Cree Analyst:</strong> Paul Coster downgraded the rating for Cree from Neutral to Underweight, while keeping its price target unchanged at $108.</p> <p><strong>The Cree Thesis: </strong>The company loss per share widened in the fiscal third quarter, despite a surge in revenues, Coster said in ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/04/20866639/jpmorgan-downgrades-cree-on-valuation alt=JPMorgan Downgrades Cree On Valuation>Full story available on Benzinga.com</a></p> Analyst Color CREE JPMorgan Paul Coster semiconductors Downgrades Price Target Analyst Ratings Tech CREE US2254471012 Analyst Color Downgrades Price Target Analyst Ratings Tech Benzinga Thu, 29 Apr 2021 19:24:37 +0000 Priya Nigam 20866639 at https://www.benzinga.com Benzinga's Top Ratings Upgrades, Downgrades For April 29, 2021 https://www.benzinga.com/analyst-ratings/upgrades/21/04/20864906/benzingas-top-ratings-upgrades-downgrades-for-april-29-2021 <p>&nbsp;</p> <h2>Upgrades</h2> <ul> <li>According to Vertical Research, the prior rating for <strong>Entergy Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>) was changed from Hold to Buy. For the first quarter, Entergy had an EPS of $1.47, compared to year-ago quarter EPS of $1.14. The stock has a 52-week-high of $113.36 and a 52-week-low of $85.78. At the end of the last trading period, Entergy closed at $106.73.</li> <li>According to TD Securities, the prior rating for <strong>Ovintiv Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OVV#NYSE">OVV</a>) was changed from Hold to Buy. In the first quarter, Ovintiv earned $1.10. The current stock performance of Ovintiv shows a 52-week-high of $28.69 and a 52-week-low of $4.54. Moreover, at the end of the last trading period, the closing price was at $24.30.</li> <li>According to Roth Capital, the prior rating for <strong>Shopify Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) was changed from Neutral to Buy. In the first quarter, Shopify showed an EPS of $2.01, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $1499.75 and a 52-week-low of $595.03. At the end of the last trading period, Shopify closed at $1290.66.</li> <li>According to Citigroup, the prior rating for <strong>Comerica Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) was changed from Neutral to Buy. Comerica earned $2.43 in the first quarter, compared to $0.46 in the year-ago quarter. At the moment, the stock has a 52-week-high of $74.14 and a 52-week-low of $27.84. Comerica closed at $73.33 at the end of the last trading period.</li> <li>According to Baird, the prior rating for <strong>General Dynamics Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) was changed from Neutral to Outperform. For the first quarter, General Dynamics had an EPS of $2.48, compared to year-ago quarter EPS of $2.43. The current stock performance of General Dynamics shows a 52-week-high of $189.00 and a 52-week-low of $121.67. Moreover, at the end of the last trading period, the closing price was at $185.47.</li> <li>According to Goldman Sachs, the prior rating for <strong>Marsh &amp; McLennan Companies Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) was changed from Sell to Neutral. Marsh &amp; McLennan earned $1.99 in the first quarter, compared to $1.64 in the year-ago quarter. The current stock performance of Marsh &amp; McLennan shows a 52-week-high of $134.36 and a 52-week-low of $93.13. Moreover, at the end of the last trading period, the closing price was at $134.03.</li> <li>For <strong>Roku Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), Wedbush upgraded the previous rating of Neutral to Outperform. Roku earned $0.49 in the fourth quarter, compared to $0.13 in the year-ago quarter. The stock has a 52-week-high of $486.72 and a 52-week-low of $100.19. At the end of the last trading period, Roku closed at $357.74.</li> <li>For <strong>Shopify Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>), Susquehanna upgraded the previous rating of Neutral to Positive. For the first quarter, Shopify had an EPS of $2.01, compared to year-ago quarter EPS of $0.19. The current stock performance of Shopify shows a 52-week-high of $1499.75 and a 52-week-low of $595.03. Moreover, at the end of the last trading period, the closing price was at $1290.66.</li> <li>Wells Fargo upgraded the previous rating for <strong>Discovery Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DISCA#NASDAQ">DISCA</a>) from Equal-Weight to Overweight. Discovery earned $0.21 in the first quarter, compared to $0.87 in the year-ago quarter. The current stock performance of Discovery shows a 52-week-high of $78.14 and a ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/04/20864906/benzingas-top-ratings-upgrades-downgrades-for-april-29-2021 alt=Benzinga&#039;s Top Ratings Upgrades, Downgrades For April 29, 2021>Full story available on Benzinga.com</a></p> AAPL ACET ADVM AGR AVTR AVY BZI-Ratings CMA CMRX CREE DISCA EBAY EQR ET ETR GD KARO MATX MMC NTNX OVV ROKU SHOP SLAB SPOT WSBC XP Upgrades Downgrades Initiation Intraday Update Analyst Ratings CMRX AAPL US0378331005 SHOP ACET US0044461004 NTNX AVTR CREE US2254471012 AGR DISCA US25470F1049 ADVM EBAY US2786421030 KARO SLAB US8269191024 XP WSBC US9508101014 ROKU AVY US0536111091 SPOT CMA US2003401070 OVV EQR US29476L1070 ETR US29364G1031 GD US3695501086 MMC US5717481023 ET MATX Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Thu, 29 Apr 2021 14:32:00 +0000 Benzinga Insights 20864906 at https://www.benzinga.com Why Spirit Airlines' Stock Is Trading Lower Today https://www.benzinga.com/analyst-ratings/downgrades/21/04/20842496/why-spirit-airlines-stock-is-trading-lower-today <p><strong>Spirit Airlines, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/save#NYSE">SAVE</a>) shares are trading lower after Evercore ISI Group downgraded the stock from Outperform to In-Line and announced a price target of $40 per share.</p> <p>The company also announced an offering of convertible senior notes that are due in 2026.</p> <p>Spirit Airlines Inc serves the United States, Latin America, and ...</p><p><a href=https://www.benzinga.com/analyst-ratings/downgrades/21/04/20842496/why-spirit-airlines-stock-is-trading-lower-today alt=Why Spirit Airlines&#039; Stock Is Trading Lower Today>Full story available on Benzinga.com</a></p> SAVE why it's moving Downgrades Price Target Analyst Ratings Movers Trading Ideas SAVE US8485771021 Downgrades Price Target Analyst Ratings Movers Trading Ideas Benzinga Wed, 28 Apr 2021 16:32:01 +0000 Randy Elias 20842496 at https://www.benzinga.com