Market Overview

Benzinga's Top Upgrades, Downgrades For April 2, 2020

Share:

Upgrades

  • Credit Suisse changed the rating for MPLX LP (NYSE: MPLX) from Neutral to Outperform. For the fourth quarter, MPLX had an EPS of $0.58, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $33.65 and a 52-week-low of $6.87. MPLX's stock last closed at $11.43 per share.
  • For Fox Corp (NASDAQ: FOXA), Guggenheim upgraded the stock from Neutral to Buy. In the second quarter, Fox showed an EPS of $0.10, compared to $0.37 from the year-ago quarter. The stock has a 52-week-high of $39.73 and a 52-week-low of $19.81. Fox's stock last closed at $22.34 per share.
  • Raymond James changed the rating for Chuy's Holdings Inc (NASDAQ: CHUY) from Market Perform to Outperform. For the fourth quarter, Chuy's Holdings had an EPS of $0.17, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $29.45 and a 52-week-low of $7.28. Chuy's Holdings's stock last closed at $8.64 per share.
  • Raymond James changed the rating for Darden Restaurants Inc (NYSE: DRI) from Market Perform to Strong Buy. Darden Restaurants earned $1.90 in the third quarter, compared to $1.80 in the year-ago quarter. The stock has a 52-week-high of $128.41 and a 52-week-low of $26.15. Darden Restaurants's stock last closed at $46.05 per share.
  • Guggenheim Securities changed the rating for CenturyLink Inc (NYSE: CTL) from Sell to Neutral. In the fourth quarter, CenturyLink showed an EPS of $0.33, compared to $0.37 from the year-ago quarter. The stock has a 52-week-high of $15.30 and a 52-week-low of $8.16. CenturyLink's stock last closed at $8.79 per share.
  • For Armstrong World Industries Inc (NYSE: AWI), Evercore ISI Group upgraded the stock from Underperform to In-Line. For the fourth quarter, Armstrong World Indus had an EPS of $1.11, compared to year-ago quarter EPS of $0.80. The stock has a 52-week-high of $111.46 and a 52-week-low of $62.03. Armstrong World Indus's stock last closed at $73.39 per share.
  • Evercore ISI Group changed the rating for Installed Building Products Inc (NYSE: IBP) from In-Line to Outperform. For the fourth quarter, Installed Building Prods had an EPS of $0.92, compared to year-ago quarter EPS of $0.72. The stock has a 52-week-high of $80.25 and a 52-week-low of $29.02. Installed Building Prods's stock last closed at $33.75 per share.
  • Evercore ISI Group upgraded the stock for Mohawk Industries Inc (NYSE: MHK) from In-Line to Outperform. Mohawk Industries earned $2.25 in the fourth quarter, compared to $2.53 in the year-ago quarter. The stock has a 52-week-high of $156.60 and a 52-week-low of $56.62. Mohawk Industries's stock last closed at $66.81 per share.
  • RBC Capital changed the rating for The AES Corp (NYSE: AES) from Sector Perform to Outperform. For the fourth quarter, AES had an EPS of $0.35, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $21.23 and a 52-week-low of $8.11. AES's stock last closed at $12.81 per share.
  • Citigroup changed the rating for Criteo SA (NASDAQ: CRTO) from Neutral to Buy. In the fourth quarter, Criteo showed an EPS of $1.08, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $22.96 and a 52-week-low of $5.89. Criteo's stock last closed at $7.54 per share.
  • Stifel upgraded the stock for Science Applications International Corp (NYSE: SAIC) from Hold to Buy. For the fourth quarter, Science Applications Intl had an EPS of $1.58, compared to year-ago quarter EPS of $1.17. The stock has a 52-week-high of $96.80 and a 52-week-low of $45.45. Science Applications Intl's stock last closed at $70.83 per share.
  • Piper Sandler upgraded the stock for Infinera Corp (NASDAQ: INFN) from Neutral to Overweight. In the fourth quarter, Infinera showed an EPS of $0.03, compared to ($0.25) from the year-ago quarter. The stock has a 52-week-high of $8.35 and a 52-week-low of $2.80. Infinera's stock last closed at $4.77 per share.

 

Downgrades

  • Baird changed the rating for ServiceNow Inc (NYSE: NOW) from Outperform to Neutral. In the fourth quarter, ServiceNow showed an EPS of $0.96, compared to $0.77 from the year-ago quarter. The stock has a 52-week-high of $362.95 and a 52-week-low of $213.99. ServiceNow's stock last closed at $273.34 per share.
  • For Sanderson Farms Inc (NASDAQ: SAFM), B of A Securities downgraded the stock from Buy to Neutral. In the first quarter, Sanderson Farms showed an EPS of ($1.76), compared to ($0.82) from the year-ago quarter. The stock has a 52-week-high of $179.45 and a 52-week-low of $102.13. Sanderson Farms's stock last closed at $115.38 per share.
  • Credit Suisse changed the rating for NGL Energy Partners LP (NYSE: NGL) from Neutral to Underperform. For the third quarter, NGL Energy Partners had an EPS of $0.22, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $15.71 and a 52-week-low of $1.15. NGL Energy Partners's stock last closed at $2.04 per share.
  • For MKS Instruments Inc (NASDAQ: MKSI), DA Davidson downgraded the stock from Buy to Neutral. MKS Instruments earned $1.20 in the fourth quarter, compared to $1.54 in the year-ago quarter. The stock has a 52-week-high of $122.30 and a 52-week-low of $66.87. MKS Instruments's stock last closed at $77.16 per share.
  • DA Davidson changed the rating for FormFactor Inc (NASDAQ: FORM) from Buy to Neutral. In the fourth quarter, FormFactor showed an EPS of $0.41, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $28.58 and a 52-week-low of $14.20. FormFactor's stock last closed at $18.96 per share.
  • Citigroup downgraded the stock for Entergy Corp (NYSE: ETR) from Buy to Neutral. In the fourth quarter, Entergy showed an EPS of $0.68, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $135.55 and a 52-week-low of $75.19. Entergy's stock last closed at $85.68 per share.
  • Goldman Sachs downgraded the stock for American Homes 4 Rent (NYSE: AMH) from Buy to Neutral. In the fourth quarter, American Homes 4 Rent showed an EPS of $0.29, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $29.89 and a 52-week-low of $17.50. American Homes 4 Rent's stock last closed at $21.84 per share.
  • BTIG downgraded the stock for Axogen Inc (NASDAQ: AXGN) from Buy to Neutral. Axogen earned ($0.10) in the fourth quarter, compared to ($0.09) in the year-ago quarter. The stock has a 52-week-high of $25.84 and a 52-week-low of $7.76. Axogen's stock last closed at $8.68 per share.
  • For AvalonBay Communities Inc (NYSE: AVB), Mizuho downgraded the stock from Buy to Neutral. AvalonBay Communities earned $2.43 in the fourth quarter, compared to $2.31 in the year-ago quarter. The stock has a 52-week-high of $229.40 and a 52-week-low of $118.17. AvalonBay Communities's stock last closed at $138.14 per share.
  • Guggenheim Securities downgraded the stock for The Walt Disney Co (NYSE: DIS) from Buy to Neutral. In the first quarter, Walt Disney showed an EPS of $1.53, compared to $1.84 from the year-ago quarter. The stock has a 52-week-high of $153.41 and a 52-week-low of $79.07. Walt Disney's stock last closed at $95.01 per share.
  • DA Davidson downgraded the stock for Applied Materials Inc (NASDAQ: AMAT) from Buy to Neutral. For the first quarter, Applied Materials had an EPS of $0.98, compared to year-ago quarter EPS of $0.81. The stock has a 52-week-high of $69.44 and a 52-week-low of $36.64. Applied Materials's stock last closed at $43.30 per share.
  • Needham changed the rating for SolarEdge Technologies Inc (NASDAQ: SEDG) from Buy to Hold. For the fourth quarter, SolarEdge Technologies had an EPS of $1.65, compared to year-ago quarter EPS of $0.63. The stock has a 52-week-high of $143.73 and a 52-week-low of $37.60. SolarEdge Technologies's stock last closed at $78.82 per share.
  • Evercore ISI Group changed the rating for Fortune Brands Home & Security Inc (NYSE: FBHS) from Outperform to In-Line. Fortune Brands Home earned $1.00 in the fourth quarter, compared to $0.86 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 $39.39 per share.
  • Credit Suisse downgraded the stock for EnLink Midstream LLC (NYSE: ENLC) from Neutral to Underperform. EnLink Midstream earned $0.02 in the fourth quarter, compared to $0.14 in the year-ago quarter. The stock has a 52-week-high of $13.10 and a 52-week-low of $0.88. EnLink Midstream's stock last closed at $1.00 per share.
  • Barclays changed the rating for NextEra Energy Partners LP (NYSE: NEP) from Overweight to Equal-Weight. For the fourth quarter, NextEra Energy Partners had an EPS of $0.50, compared to year-ago quarter EPS of ($0.39). The stock has a 52-week-high of $61.87 and a 52-week-low of $29.01. NextEra Energy Partners's stock last closed at $40.36 per share.
  • For Booz Allen Hamilton Holding Corp (NYSE: BAH), Stifel downgraded the stock from Buy to Hold. For the third quarter, Booz Allen Hamilton had an EPS of $0.80, compared to year-ago quarter EPS of $0.72. The stock has a 52-week-high of $82.00 and a 52-week-low of $54.37. Booz Allen Hamilton's stock last closed at $69.52 per share.
  • BMO Capital changed the rating for Brunswick Corp (NYSE: BC) from Outperform to Market Perform. For the fourth quarter, Brunswick had an EPS of $0.82, compared to year-ago quarter EPS of $0.98. The stock has a 52-week-high of $66.32 and a 52-week-low of $25.22. Brunswick's stock last closed at $31.25 per share.
  • For Malibu Boats Inc (NASDAQ: MBUU), BMO Capital downgraded the stock from Outperform to Market Perform. For the second quarter, Malibu Boats had an EPS of $0.93, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $52.13 and a 52-week-low of $22.30. Malibu Boats's stock last closed at $24.60 per share.
  • For Targa Resources Corp (NYSE: TRGP), Credit Suisse downgraded the stock from Outperform to Neutral. In the fourth quarter, Targa Resources showed an EPS of ($0.11), compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of $43.47 and a 52-week-low of $3.66. Targa Resources's stock last closed at $5.89 per share.
  • Credit Suisse downgraded the stock for Plains All American Pipeline LP (NYSE: PAA) from Outperform to Neutral. Plains All American earned $0.63 in the fourth quarter, compared to $0.80 in the year-ago quarter. The stock has a 52-week-high of $25.26 and a 52-week-low of $3.00. Plains All American's stock last closed at $5.12 per share.

 

Initiations

  • Evercore ISI Group initiated coverage on Exact Sciences Corp (NASDAQ: EXAS) with an Outperform rating. The price target for Exact Sciences is set at $70.00. Exact Sciences earned ($0.37) in the fourth quarter, compared to ($0.44) in the year-ago quarter. The stock has a 52-week-high of $123.99 and a 52-week-low of $35.25. Exact Sciences's stock last closed at $55.88 per share.
  • Benchmark initiated coverage on Quanex Building Products Corp (NYSE: NX) with a Buy rating. The price target for Quanex Building Prods is set at $13.00. In the first quarter, Quanex Building Prods showed an EPS of $0.04, compared to ($0.07) from the year-ago quarter. The stock has a 52-week-high of $20.42 and a 52-week-low of $7.90. Quanex Building Prods's stock last closed at $9.20 per share.
  • With a rating of Buy, Chardan Capital initiated coverage on Intercept Pharmaceuticals Inc (NASDAQ: ICPT). The price target is set at $145.00 for Intercept Pharmaceuticals. For the fourth quarter, Intercept Pharmaceuticals had an EPS of ($2.99), compared to year-ago quarter EPS of ($2.97). The stock has a 52-week-high of $125.00 and a 52-week-low of $47.57. Intercept Pharmaceuticals's stock last closed at $58.40 per share.
  • Barclays initiated coverage on J2 Global Inc (NASDAQ: JCOM) with a Equal-Weight rating. The price target for J2 Global is set at $84.00. For the fourth quarter, J2 Global had an EPS of $2.38, compared to year-ago quarter EPS of $2.11. The stock has a 52-week-high of $104.57 and a 52-week-low of $58.00. J2 Global's stock last closed at $68.07 per share.
  • With a rating of Overweight, Cantor Fitzgerald initiated coverage on MercadoLibre Inc (NASDAQ: MELI). The price target is set at $548.00 for MercadoLibre. For the fourth quarter, MercadoLibre had an EPS of ($1.11), compared to year-ago quarter EPS of ($0.05). The stock has a 52-week-high of $756.48 and a 52-week-low of $422.22. MercadoLibre's stock last closed at $447.34 per share.
 

Related Articles (AMAT + AES)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
MRVLCFRAMaintains35.0
CSIQCFRAUpgrades22.0
MGNXSVB LeerinkMaintains27.0
EVCFRAMaintains43.0
RCUSSVB LeerinkReiterates42.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
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