Market Overview

Benzinga's Top Upgrades, Downgrades For August 27, 2019

Share:

Upgrades

  • Evercore ISI Group upgraded the stock for Copa Holdings SA (NYSE: CPA) from In-Line to Outperform. In the second quarter, Copa Holdings showed an EPS of $1.20, compared to $1.18 from the year-ago quarter. Copa Holdings's market cap stands at $3.7 billion. The stock has a 52-week-high of $113.62 and a 52-week-low of $67.38. Copa Holdings's stock last closed at $100.02 per share.
  • JP Morgan upgraded the stock for Cree Inc (NASDAQ: CREE) from Underweight to Neutral. For the fourth quarter, Cree had an EPS of $0.11, compared to year-ago quarter EPS of $0.11. The current market cap for Cree is at $5.6 billion. The stock has a 52-week-high of $69.21 and a 52-week-low of $33.72. Cree's stock last closed at $43.18 per share.
  • Morgan Stanley changed the rating for Exelon Corp (NYSE: EXC) from Equal-Weight to Overweight. In the second quarter, Exelon showed an EPS of $0.60, compared to $0.71 from the year-ago quarter. The total market value of Exelon's outstanding shares is at $28.7 billion. The stock has a 52-week-high of $51.18 and a 52-week-low of $42.19. Exelon's stock last closed at $45.68 per share.
  • Susquehanna changed the rating for Genesco Inc (NYSE: GCO) from Neutral to Positive. For the first quarter, Genesco had an EPS of $0.33, compared to year-ago quarter EPS of $0.14. The current market cap for Genesco is at $608.1 million. The stock has a 52-week-high of $51.85 and a 52-week-low of $31.65. Genesco's stock last closed at $32.90 per share.
  • Citi changed the rating for MongoDB Inc (NASDAQ: MDB) from Neutral to Buy. MongoDB earned ($0.22) in the first quarter, compared to ($0.43) in the year-ago quarter. The total market value of MongoDB's outstanding shares is at $7.7 billion. The stock has a 52-week-high of $184.78 and a 52-week-low of $62.30. MongoDB's stock last closed at $146.65 per share.
  • For PDC Energy Inc (NASDAQ: PDCE), Credit Suisse upgraded the stock from Neutral to Outperform. PDC Energy earned $0.34 in the second quarter, compared to $0.56 in the year-ago quarter. The total market value of PDC Energy's outstanding shares is at $99.9 million. The stock has a 52-week-high of $57.41 and a 52-week-low of $24.13. PDC Energy's stock last closed at $29.65 per share.
  • Oppenheimer upgraded the stock for Verizon Communications Inc (NYSE: VZ) from Perform to Outperform. Verizon Communications earned $1.23 in the second quarter, compared to $1.20 in the year-ago quarter. The total market value of Verizon Communications's outstanding shares is at $197.0 billion. The stock has a 52-week-high of $61.58 and a 52-week-low of $52.28. Verizon Communications's stock last closed at $56.73 per share.
  • For Weight Watchers International Inc (NASDAQ: WW), Craig-Hallum upgraded the stock from Hold to Buy. The total market value of Weight Watchers Intl's outstanding shares is at $4.0 billion. The stock has a 52-week-high of $80.30 and a 52-week-low of $16.71. Weight Watchers Intl's stock last closed at $28.88 per share.

 

Downgrades

  • Argus Research changed the rating for Cardinal Health Inc (NYSE: CAH) from Buy to Hold. For the fourth quarter, Cardinal Health had an EPS of $1.11, compared to year-ago quarter EPS of $1.01. The stock has a 52-week-high of $58.31 and a 52-week-low of $41.03. Cardinal Health's stock last closed at $43.86 per share.
  • Argus changed the rating for Cardinal Health Inc (NYSE: CAH) from Buy to Hold. For the fourth quarter, Cardinal Health had an EPS of $1.11, compared to year-ago quarter EPS of $1.01. The stock has a 52-week-high of $58.31 and a 52-week-low of $41.03. Cardinal Health's stock last closed at $43.86 per share.
  • KeyBanc changed the rating for Pivotal Software Inc (NYSE: PVTL) from Overweight to Sector Weight. For the first quarter, Pivotal Software had an EPS of ($0.03), compared to year-ago quarter EPS of ($0.10). Pivotal Software's market cap stands at $5.2 billion. The stock has a 52-week-high of $29.15 and a 52-week-low of $8.03. Pivotal Software's stock last closed at $14.87 per share.
  • For Red Robin Gourmet Burgers Inc (NASDAQ: RRGB), Bank of America downgraded the stock from Neutral to Underperform. In the second quarter, Red Robin Gourmet Burgers showed an EPS of $1.03, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $42.50 and a 52-week-low of $24.57. Red Robin Gourmet Burgers's stock last closed at $34.39 per share.
  • MKM Partners downgraded the stock for SRC Energy Inc (AMEX: SRCI) from Buy to Neutral. SRC Energy earned $0.26 in the third quarter, compared to $0.22 in the year-ago quarter. The stock has a 52-week-high of $10.14 and a 52-week-low of $3.17. SRC Energy's stock last closed at $4.65 per share.
  • For T-Mobile US Inc (NASDAQ: TMUS), Oppenheimer downgraded the stock from Outperform to Perform. For the third quarter, T-Mobile US had an EPS of $0.93, compared to year-ago quarter EPS of $0.73. The total market value of T-Mobile US's outstanding shares is at $4.6 billion. The stock has a 52-week-high of $85.22 and a 52-week-low of $59.96. T-Mobile US's stock last closed at $78.06 per share.
  • Barclays changed the rating for Veolia Environnement SA (OTC: VEOEY) from Overweight to Equal-Weight. The total market value of Veolia Environnement's outstanding shares is at $10.6 billion. The stock has a 52-week-high of $25.79 and a 52-week-low of $18.90. Veolia Environnement's stock last closed at $24.04 per share.

 

Initiations

  • With a rating of Buy, Nomura initiated coverage on BorgWarner Inc (NYSE: BWA). The price target is set at $41.00 for BorgWarner. In the second quarter, BorgWarner showed an EPS of $1.00, compared to $1.18 from the year-ago quarter. BorgWarner's market cap stands at $10.3 billion. The stock has a 52-week-high of $46.97 and a 52-week-low of $30.71. BorgWarner's stock last closed at $31.06 per share.
  • For Chemung Financial Corp (NASDAQ: CHMG), DA Davidson initiated coverage, by setting the current rating at Neutral. Chemung Financial earned $1.02 in the second quarter, compared to $0.68 in the year-ago quarter. The total market value of Chemung Financial's outstanding shares is at $224.7 million. The stock has a 52-week-high of $51.00 and a 52-week-low of $36.87. Chemung Financial's stock last closed at $39.95 per share.
  • With a rating of Buy, H.C. Wainwright initiated coverage on Cleanspark Inc (OTC: CLSK). The price target is set at $4.00 for Cleanspark. Cleanspark's market cap stands at $96.8 million. The stock has a 52-week-high of $15.01 and a 52-week-low of $0.77. Cleanspark's stock last closed at $0.96 per share.
  • With a rating of Buy, Roth Capital initiated coverage on Jiayin Group Inc (NASDAQ: JFIN). The price target is set at $17.00 for Jiayin Group. Jiayin Group earned $0.76 in the first quarter. The current market cap for Jiayin Group is at $662.3 million. The stock has a 52-week-high of $22.50 and a 52-week-low of $9.01. Jiayin Group's stock last closed at $11.94 per share.
  • For Lakeland Bancorp Inc (NASDAQ: LBAI), DA Davidson initiated coverage, by setting the current rating at Buy. In the second quarter, Lakeland Bancorp showed an EPS of $0.34, compared to $0.33 from the year-ago quarter. Lakeland Bancorp's market cap stands at $786.9 million. The stock has a 52-week-high of $19.40 and a 52-week-low of $13.77. Lakeland Bancorp's stock last closed at $14.80 per share.
  • Deutsche Bank initiated coverage on Realty Income Corp (NYSE: O) with a Hold rating. In the second quarter, Realty Income showed an EPS of $0.82, compared to $0.80 from the year-ago quarter. The stock has a 52-week-high of $74.14 and a 52-week-low of $55.55. Realty Income's stock last closed at $73.20 per share.
  • DA Davidson initiated coverage on People's United Financial Inc (NASDAQ: PBCT) with a Buy rating. People's United Finl earned $0.34 in the second quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $18.86 and a 52-week-low of $13.66. People's United Finl's stock last closed at $14.10 per share.
  • MKM Partners initiated coverage on Parsley Energy Inc (NYSE: PE) with a Buy rating. Parsley Energy earned $0.32 in the second quarter, compared to $0.39 in the year-ago quarter. The stock has a 52-week-high of $31.05 and a 52-week-low of $13.72. Parsley Energy's stock last closed at $16.39 per share.
  • For Salisbury Bancorp Inc (NASDAQ: SAL), DA Davidson initiated coverage, by setting the current rating at Neutral. For the second quarter, Salisbury Bancorp had an EPS of $0.96, compared to year-ago quarter EPS of $0.68. The total market value of Salisbury Bancorp's outstanding shares is at $112.2 million. The stock has a 52-week-high of $44.69 and a 52-week-low of $33.20. Salisbury Bancorp's stock last closed at $37.51 per share.
  • With a rating of Buy, Canaccord Genuity initiated coverage on Synchronoss Technologies Inc (NASDAQ: SNCR). The price target is set at $13.00 for Synchronoss Technologies. For the second quarter, Synchronoss Technologies had an EPS of ($0.28), compared to year-ago quarter EPS of ($0.48). The stock has a 52-week-high of $9.05 and a 52-week-low of $4.96. Synchronoss Technologies's stock last closed at $8.13 per share.
  • For STORE Capital Corp (NYSE: STOR), Deutsche Bank initiated coverage, by setting the current rating at Buy. STORE Capital earned $0.50 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $37.30 and a 52-week-low of $26.93. STORE Capital's stock last closed at $36.94 per share.
  • Atlantic Equities initiated coverage on Zebra Technologies Corp (NASDAQ: ZBRA) with an Overweight rating. The price target for Zebra Technologies is set at $230.00. In the second quarter, Zebra Technologies showed an EPS of $3.02, compared to $2.48 from the year-ago quarter. The total market value of Zebra Technologies's outstanding shares is at $10.8 billion. The stock has a 52-week-high of $237.15 and a 52-week-low of $140.95. Zebra Technologies's stock last closed at $198.41 per share.

Posted-In: Initiations top upgradesUpgrades Downgrades Initiation Intraday Update Analyst Ratings

 

Related Articles (BWA + CAH)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
GWPHNeedhamInitiates Coverage On200.0
BABairdDowngrades
LUVStifelDowngrades60.0
ARCOBank of AmericaUpgrades
EDEvercore ISI GroupUpgrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Tuesday's Market Minute: Disney+ & Hulu: The Whole Package?

Zenabis Inks Deal To Foray Into Cannabis-Infused Beverage Market