Market Overview

Benzinga's Top Upgrades, Downgrades For June 30, 2020

Share:

Upgrades

  • For Crocs Inc (NASDAQ: CROX), Loop Capital upgraded the stock from Hold to Buy. In the first quarter, Crocs showed an EPS of $0.22, compared to $0.36 from the year-ago quarter. The stock has a 52-week-high of $43.79 and a 52-week-low of $8.40. Crocs's stock last closed at $35.07 per share.
  • Cowen & Co. changed the rating for Hologic Inc (NASDAQ: HOLX) from Market Perform to Outperform. Hologic earned $0.57 in the second quarter, compared to $0.58 in the year-ago quarter. The stock has a 52-week-high of $55.96 and a 52-week-low of $26.49. Hologic's stock last closed at $53.33 per share.
  • Exane BNP Paribas changed the rating for Armstrong World Industries Inc (NYSE: AWI) from Neutral to Outperform. For the first quarter, Armstrong World Indus had an EPS of $1.10, compared to year-ago quarter EPS of $1.10. 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 $74.33 per share.
  • For PPG Industries Inc (NYSE: PPG), BMO Capital upgraded the stock from Market Perform to Outperform. PPG Industries earned $1.19 in the first quarter, compared to $1.38 in the year-ago quarter. The stock has a 52-week-high of $134.36 and a 52-week-low of $69.77. PPG Industries's stock last closed at $103.91 per share.
  • Keefe, Bruyette & Woods upgraded the stock for Toll Brothers Inc (NYSE: TOL) from Market Perform to Outperform. For the second quarter, Toll Brothers had an EPS of $0.59, compared to year-ago quarter EPS of $0.87. The stock has a 52-week-high of $49.31 and a 52-week-low of $13.28. Toll Brothers's stock last closed at $31.42 per share.

 

Downgrades

  • New Street downgraded the stock for 58.com Inc (NYSE: WUBA) from Buy to Neutral. 58.com earned $2.09 in the first quarter. The stock has a 52-week-high of $69.89 and a 52-week-low of $37.92. 58.com's stock last closed at $53.72 per share.
  • For HollyFrontier Corp (NYSE: HFC), Cowen & Co. downgraded the stock from Market Perform to Underperform. In the first quarter, HollyFrontier showed an EPS of $0.53, compared to $0.54 from the year-ago quarter. The stock has a 52-week-high of $58.88 and a 52-week-low of $18.48. HollyFrontier's stock last closed at $28.46 per share.
  • HC Wainwright & Co. downgraded the stock for BioNTech SE (NASDAQ: BNTX) from Buy to Neutral. BioNTech earned ($0.26) in the first quarter. The stock has a 52-week-high of $105.00 and a 52-week-low of $12.53. BioNTech's stock last closed at $65.80 per share.
  • Citigroup downgraded the stock for Chegg Inc (NYSE: CHGG) from Buy to Neutral. For the first quarter, Chegg had an EPS of $0.22, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $70.57 and a 52-week-low of $25.89. Chegg's stock last closed at $66.74 per share.
  • For Energy Recovery Inc (NASDAQ: ERII), B. Riley FBR downgraded the stock from Buy to Neutral. Energy Recovery earned $0.01 in the first quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $12.04 and a 52-week-low of $6.11. Energy Recovery's stock last closed at $8.91 per share.
  • Baird downgraded the stock for Intercept Pharmaceuticals Inc (NASDAQ: ICPT) from Outperform to Neutral. In the first quarter, Intercept Pharmaceuticals showed an EPS of ($2.86), compared to ($3.03) from the year-ago quarter. The stock has a 52-week-high of $125.00 and a 52-week-low of $44.50. Intercept Pharmaceuticals's stock last closed at $46.70 per share.
  • BTIG downgraded the stock for Okta Inc (NASDAQ: OKTA) from Buy to Neutral. In the first quarter, Okta showed an EPS of ($0.07), compared to ($0.19) from the year-ago quarter. The stock has a 52-week-high of $206.09 and a 52-week-low of $88.66. Okta's stock last closed at $199.84 per share.
  • For Intercept Pharmaceuticals Inc (NASDAQ: ICPT), Cowen & Co. downgraded the stock from Outperform to Market Perform. Intercept Pharmaceuticals earned ($2.86) in the first quarter, compared to ($3.03) in the year-ago quarter. The stock has a 52-week-high of $125.00 and a 52-week-low of $44.50. Intercept Pharmaceuticals's stock last closed at $46.70 per share.
  • KeyBanc downgraded the stock for CyrusOne Inc (NASDAQ: CONE) from Overweight to Sector Weight. For the first quarter, CyrusOne had an EPS of $0.97, compared to year-ago quarter EPS of $0.82. The stock has a 52-week-high of $79.73 and a 52-week-low of $43.72. CyrusOne's stock last closed at $74.47 per share.

 

Initiations

  • Evercore ISI Group initiated coverage on Atara Biotherapeutics Inc (NASDAQ: ATRA) with an Outperform rating. Atara Biotherapeutics earned ($1.20) in the first quarter, compared to ($1.44) in the year-ago quarter. The stock has a 52-week-high of $21.45 and a 52-week-low of $4.52. Atara Biotherapeutics's stock last closed at $13.84 per share.
  • With a rating of Buy, TD Securities initiated coverage on Plains All American Pipeline LP (NYSE: PAA). The price target is set at $17.00 for Plains All American. For the first quarter, Plains All American had an EPS of $0.55, compared to year-ago quarter EPS of $0.69. 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 $8.40 per share.
  • Citigroup initiated coverage on Spotify Technology SA (NYSE: SPOT) with a Neutral rating. The price target for Spotify Technology is set at $270.00. Spotify Technology earned ($0.22) in the first quarter, compared to ($0.90) in the year-ago quarter. The stock has a 52-week-high of $271.71 and a 52-week-low of $109.18. Spotify Technology's stock last closed at $265.20 per share.
  • For Square Inc (NYSE: SQ), JMP Securities initiated coverage, by setting the current rating at Market Perform. For the first quarter, Square had an EPS of ($0.02), compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $107.84 and a 52-week-low of $32.33. Square's stock last closed at $103.67 per share.
  • With a rating of Buy, DA Davidson initiated coverage on Clorox Co (NYSE: CLX). The price target is set at $256.00 for Clorox. For the third quarter, Clorox had an EPS of $1.89, compared to year-ago quarter EPS of $1.44. The stock has a 52-week-high of $219.38 and a 52-week-low of $144.12. Clorox's stock last closed at $217.53 per share.
  • With a rating of Market Outperform, JMP Securities initiated coverage on PayPal Holdings Inc (NASDAQ: PYPL). The price target is set at $195.00 for PayPal Holdings. For the first quarter, PayPal Holdings had an EPS of $0.66, compared to year-ago quarter EPS of $0.78. The stock has a 52-week-high of $175.40 and a 52-week-low of $82.07. PayPal Holdings's stock last closed at $168.35 per share.
  • With a rating of Hold, Loop Capital initiated coverage on Warner Music Group Corp (NASDAQ: WMG). The price target is set at $33.00 for Warner Music Group. The stock has a 52-week-high of $34.76 and a 52-week-low of $26.99. Warner Music Group's stock last closed at $31.43 per share.
  • With a rating of Hold, Deutsche Bank initiated coverage on ZoomInfo Technologies Inc (NASDAQ: ZI). The price target is set at $50.00 for ZoomInfo Technologies. The stock has a 52-week-high of $64.40 and a 52-week-low of $32.10. ZoomInfo Technologies's stock last closed at $50.72 per share.
  • KeyBanc initiated coverage on Pluralsight Inc (NASDAQ: PS) with an Overweight rating. The price target for Pluralsight is set at $22.00. In the first quarter, Pluralsight showed an EPS of ($0.09), compared to ($0.07) from the year-ago quarter. The stock has a 52-week-high of $32.40 and a 52-week-low of $6.59. Pluralsight's stock last closed at $17.35 per share.
  • KeyBanc initiated coverage on Chegg Inc (NYSE: CHGG) with an Overweight rating. The price target for Chegg is set at $80.00. Chegg earned $0.22 in the first quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of $70.57 and a 52-week-low of $25.89. Chegg's stock last closed at $66.74 per share.
  • KeyBanc initiated coverage on 2U Inc (NASDAQ: TWOU) with a Sector Weight rating. In the first quarter, 2U showed an EPS of ($0.33), compared to ($0.15) from the year-ago quarter. The stock has a 52-week-high of $40.55 and a 52-week-low of $11.37. 2U's stock last closed at $36.88 per share.
 

Related Articles (AWI + ATRA)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
TRVINeedhamMaintains12.0
VLOScotiaBankMaintains72.0
PSXScotiaBankMaintains79.0
MPCScotiaBankMaintains48.0
HFCScotiaBankMaintains36.0
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