Upgrades https://www.benzinga.com/views/taxonomy/term/69 en Tilray Stock Is Getting Squeezed Between 2 Key Levels https://www.benzinga.com/markets/cannabis/21/05/21015502/tilray-stock-is-getting-squeezed-between-2-key-levels <p><strong>Tilray Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tlry#NASDAQ">TLRY</a>) shares were trading higher Friday&nbsp;after a Jefferies analyst double upgraded&nbsp;the stock.</p> <p>The stock was double upgraded from Underperform to Buy and the price target was raised from $4.77 to $23.</p> <p>Tilray recently closed a merger with <strong>Aphria Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apha#NASDAQ">APHA</a>).</p> <p><a href="https://www.benzinga.com/markets/cannabis/21/05/21012905/why-tilrays-stock-is-trading-higher-today">Click here</a> to read more about why Tilray is moving.&nbsp;</p> <p>Tilray was up 14.7% at $16.23 ahead of the market close Friday.&nbsp;</p> <p><img alt="tlrydaily5-7-21.png" src="https://cdn.benzinga.com/files/u285825/tlrydaily5-7-21.png" style="height:400px; width:640px" /></p> <h3>Tilray Daily Chart Analysis</h3> <ul> <li>The stock is getting squeezed between a previous support and a potential resistance line. The stock may see a strong move in the upcoming weeks.</li> <li>The stock is trading below the 50-day moving average (green)&nbsp;and above the 200-day moving average (blue), indicating the stock is likely trading in a period of consolidation.</li> <li>The ...</li></ul><p><a href=https://www.benzinga.com/markets/cannabis/21/05/21015502/tilray-stock-is-getting-squeezed-between-2-key-levels alt=Tilray Stock Is Getting Squeezed Between 2 Key Levels>Full story available on Benzinga.com</a></p> APHA Cannabis Long Ideas News TLRY Short Ideas Upgrades Price Target Technicals Markets Analyst Ratings Movers Trading Ideas TLRY US88688T1007 APHA Long Ideas News Cannabis Short Ideas Upgrades Price Target Technicals Markets Analyst Ratings Movers Trading Ideas Benzinga Fri, 07 May 2021 20:06:16 +0000 Tyler Bundy 21015502 at https://www.benzinga.com Jefferies Upgrades Tilray On EU, US Prospects https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21013691/jefferies-upgrades-tilray-on-eu-us-prospects <p>The merger between <strong>Tilray Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tlry#NASDAQ">TLRY</a>) and Aphria was a &ldquo;perfect match&rdquo; and the entity could generate pro-forma sales growth of 33% between fiscal 2021 and 2024, according to Jefferies.</p> <p><strong>The Tilray Analyst: </strong>Owen Bennett upgraded the rating for Tilray from Underperform to Buy, while raising the price target from $4.77 to $23.</p> <p><strong>The Tilray Thesis:</strong> The company has a stronger sales and profit growth profile than its closest Canadian peers, <strong>Canopy Growth Corp</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>) and <strong>Cronos Group </strong>(NASDAQ: <a class="ticker" ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21013691/jefferies-upgrades-tilray-on-eu-us-prospects alt=Jefferies Upgrades Tilray On EU, US Prospects>Full story available on Benzinga.com</a></p> Analyst Color Cannabis cannabis industry CGC CRON Jefferies Owen Bennett TLRY Upgrades Price Target Markets Analyst Ratings CGC CRON TLRY US88688T1007 Analyst Color Cannabis Upgrades Price Target Markets Analyst Ratings Benzinga Fri, 07 May 2021 15:35:15 +0000 Priya Nigam 21013691 at https://www.benzinga.com Why Is Nokia's Stock Trading Higher Today? https://www.benzinga.com/analyst-ratings/upgrades/21/05/21012976/why-is-nokias-stock-trading-higher-today <p><strong>Nokia Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nok#NYSE">NOK</a>) shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight.</p> <p>Nokia is a leading vendor in the telecommunications equipment industry. The company&#39;s network business derives revenue from selling wireless and fixed-line hardware, software, and ...</p><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/21012976/why-is-nokias-stock-trading-higher-today alt=Why Is Nokia&#039;s Stock Trading Higher Today?>Full story available on Benzinga.com</a></p> NOK why it's moving Upgrades Analyst Ratings Movers Trading Ideas NOK US6549022043 Upgrades Analyst Ratings Movers Trading Ideas Benzinga Fri, 07 May 2021 14:38:54 +0000 Randy Elias 21012976 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 FCN US3029411093 HGEN MFC CA56501R1064 ROKU NOK US6549022043 TPR SCS US8581552036 FNKO TUP US8998961044 AGS CCXI TLRY US88688T1007 FOUR HMPT EPZM CMMB 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 Bring On The Olive Garden Breadsticks! Analyst Is Bullish For Darden Restaurants https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20992125/bring-on-the-olive-garden-breadsticks-analyst-is-bullish-for-darden-restaurants <p>Despite industry-related input costs and labor headwinds, <strong>Darden Restaurants, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dri#NYSE">DRI</a>) could generate above-consensus earnings in fiscal 2023, driven by Olive Garden sales, according to Cowen.</p> <p><strong>The Darden Restaurants Analyst:</strong> Andrew Charles upgraded the rating for Darden Restaurants from Market Perform to Outperform, while raising the price target from $137 to $164.</p> <p><strong>The Darden Restaurants Thesis: </strong>Olive Garden seems poised to grow its average unit volume from $5 million in 2019 to $6 million in fiscal 2023, Charles said in ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20992125/bring-on-the-olive-garden-breadsticks-analyst-is-bullish-for-darden-restaurants alt=Bring On The Olive Garden Breadsticks! Analyst Is Bullish For Darden Restaurants>Full story available on Benzinga.com</a></p> Analyst Color Andrew Charles breadsticks Cowen DRI food Olive Garden Upgrades Price Target Restaurants Analyst Ratings General DRI US2371941053 Analyst Color Upgrades Price Target Restaurants Analyst Ratings General Benzinga Thu, 06 May 2021 20:08:11 +0000 Priya Nigam 20992125 at https://www.benzinga.com BofA Upgrades Zynga On Accelerating Ad Strategy: What You Need To Know https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20991056/bofa-upgrades-zynga-on-accelerating-ad-strategy-what-you-need-to-know <p>The Chartboost acquisition has positioned <strong>Zynga Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/znga#NASDAQ">ZNGA</a>) for a &ldquo;strategic pivot&rdquo; toward higher growth and higher margin advertisement technology much sooner than was expected, according to BofA Securities.</p> <p><strong>The Zynga Analyst: </strong>Ryan Gee upgraded Zynga from Neutral to Buy&nbsp;and raised&nbsp;the&nbsp;price target from $12 to $13.50.</p> <p><strong>The Zynga Thesis:</strong> A strategic move from publisher to platform has significantly boosted the value of Zynga&#39;s network, Gee said in the upgrade note.</p> <p>&ldquo;Strong 1Q results, sustainable double-digit organic growth, increasing Intl. reach, and multiple cross-platform ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20991056/bofa-upgrades-zynga-on-accelerating-ad-strategy-what-you-need-to-know alt=BofA Upgrades Zynga On Accelerating Ad Strategy: What You Need To Know>Full story available on Benzinga.com</a></p> Analyst Color BofA Securities Ryan Gee ZNGA Upgrades Price Target Analyst Ratings ZNGA Analyst Color Upgrades Price Target Analyst Ratings Benzinga Thu, 06 May 2021 15:28:20 +0000 Priya Nigam 20991056 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 MAXN ASTE US0462241011 PXD US7237871071 PAYA CCRN US2274831047 UTL US9132591077 CMLS US2310821085 CC 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 DRTT NGG US6362743006 ACCD PFE US7170811035 Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Thu, 06 May 2021 14:06:39 +0000 Benzinga Insights 20990528 at https://www.benzinga.com What Makes ConocoPhillips Stock So Attractive? https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20965118/what-makes-conocophillips-stock-so-attractive <p>Although the long-term growth prospects of <strong>ConocoPhillips </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cop#NYSE">COP</a>) are not as high as some of its peers like <strong>Exxon Mobil Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xom#NYSE">XOM</a>), its accelerated free cash visibility positions the stock among &quot;yield&quot;&nbsp;names, according to BofA Securities.</p> <p><strong>The ConocoPhillips Analyst:</strong> Doug Leggate upgraded the rating for ConocoPhillips from Neutral to Buy, while raising the price target from $65 to $67.</p> <p><strong>The ConocoPhillips Thesis: </strong>The rating change follows the recent pullback in the stock, while the raised price target reflects &ldquo;the improved value of its holding in Cenovus&rdquo; ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20965118/what-makes-conocophillips-stock-so-attractive alt=What Makes ConocoPhillips Stock So Attractive?>Full story available on Benzinga.com</a></p> Analyst Color BofA Securities COP Doug Leggate gas Oil XOM Upgrades Price Target Commodities Markets Analyst Ratings COP US20825C1045 XOM US30231G1022 Analyst Color Upgrades Price Target Commodities Markets Analyst Ratings Benzinga Wed, 05 May 2021 15:08:53 +0000 Priya Nigam 20965118 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 INTZ XPO US9837931008 MREO BLDP CA0585861085 ESPR EPAY US1013881065 LX ISBC US46146P1021 KHC MRCY US5893781089 RACE NVDA US67066G1040 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 Baird Upgrades ON Semiconductor On Operating Margin Catalysts, Valuation https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20943151/baird-upgrades-on-semiconductor-on-operating-margin-catalysts-valuation <p>The current upcycle is likely to continue in 2022, facilitating <strong>ON Semiconductor Corp&rsquo;s</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/on#NASDAQ">ON</a>) mix improvement initiatives, according to Baird.</p> <p><strong>The ON Semiconductor Analyst:</strong> Tristan Gerra upgraded the rating for ON Semiconductor to Outperform, while raising the price target from $38 to $48.</p> <p><strong>The ON Semiconductor Thesis:</strong> An aggressive mix shift and high utilization rates enabled ON Semiconductor to gain share in the second quarter, Gerra said in the upgrade note.</p> <p>&ldquo;We do not ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20943151/baird-upgrades-on-semiconductor-on-operating-margin-catalysts-valuation alt=Baird Upgrades ON Semiconductor On Operating Margin Catalysts, Valuation>Full story available on Benzinga.com</a></p> Analyst Color Baird ON semiconductors Tristan Gerra Upgrades Price Target Analyst Ratings Tech ON Analyst Color Upgrades Price Target Analyst Ratings Tech Benzinga Tue, 04 May 2021 21:54:59 +0000 Priya Nigam 20943151 at https://www.benzinga.com Why Cleveland-Cliffs Is Trading Higher Today https://www.benzinga.com/analyst-ratings/upgrades/21/05/20945473/why-cleveland-cliffs-is-trading-higher-today <p><strong>Cleveland-Cliffs Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/clf#NYSE">CLF</a>) is trading higher Tuesday&nbsp;after the stock received an upgrade and price target increase from Credit Suisse.&nbsp;</p> <p><strong>What Happened:&nbsp;</strong>Credit Suisse analyst Curt Woodworth upgraded&nbsp;Cleveland-Cliffs&nbsp;from Neutral to Outperform and raised&nbsp;the price target from $21 to $24.&nbsp;</p> <p>&quot;Cleveland Cliffs in a short period of time has put together three best in class mining/steel companies, to create a powerhouse steel entity,&quot; Woodworth said.</p> <p><em>Related Link:&nbsp;<a href="https://www.benzinga.com/pressreleases/21/04/b20841446/cleveland-cliffs-issues-its-sustainability-report-2020-executive-summary">Cleveland-Cliffs Issues Its Sustainability Report 2020 Executive Summary</a></em></p> <p><strong>Recent Earnings Report: </strong>Cleveland-Cliffs reported first-quarter financial ...</p><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/20945473/why-cleveland-cliffs-is-trading-higher-today alt=Why Cleveland-Cliffs Is Trading Higher Today>Full story available on Benzinga.com</a></p> CLF Credit Suisse why it's moving Upgrades Price Target Analyst Ratings Movers Trading Ideas CLF US18683K1016 Upgrades Price Target Analyst Ratings Movers Trading Ideas Benzinga Tue, 04 May 2021 17:25:02 +0000 Adam Eckert 20945473 at https://www.benzinga.com Why Are Shares Of US Steel Trading Higher Today? https://www.benzinga.com/analyst-ratings/upgrades/21/05/20945345/why-are-shares-of-us-steel-trading-higher-today <p>Shares of <strong>United States Steel Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>)&nbsp;are trading higher after Credit Suisse upgraded the stock&nbsp;to Outperform.</p> <p>Credit Suisse raised&nbsp;United States Steel&#39;s price target from $15 to $35.</p> <p>United States Steel produces and sells flat-rolled and tubular steel products primarily in North America ...</p><p><a href=https://www.benzinga.com/analyst-ratings/upgrades/21/05/20945345/why-are-shares-of-us-steel-trading-higher-today alt=Why Are Shares Of US Steel Trading Higher Today?>Full story available on Benzinga.com</a></p> why it's moving X Upgrades Price Target Analyst Ratings Movers Trading Ideas X US9129091081 Upgrades Price Target Analyst Ratings Movers Trading Ideas Benzinga Tue, 04 May 2021 17:22:21 +0000 Randy Elias 20945345 at https://www.benzinga.com 6 Reasons Why Goldman Sachs Upgrades Advance Auto Parts Stock https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20942691/6-reasons-why-goldman-sachs-upgrades-advance-auto-parts-stock <p>As the economy gradually moves towards normalization and there is a ramp-up for&nbsp;vaccinations, auto parts retailers like <strong>Advance Auto Parts, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aap#NYSE">AAP</a>) are poised to benefit, despite strong comps in 2020, according to Goldman Sachs.</p> <p><strong>The Advance Auto Parts Analyst: </strong>Kate McShane upgraded the rating for Advance Auto Parts from Sell to Buy, while raising the price target from $180 to $227.</p> <p><strong>The Advance Auto Parts Thesis: </strong>The company has announced a three-year strategy, which includes ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20942691/6-reasons-why-goldman-sachs-upgrades-advance-auto-parts-stock alt=6 Reasons Why Goldman Sachs Upgrades Advance Auto Parts Stock>Full story available on Benzinga.com</a></p> AAP Analyst Color auto Auto Parts cars Goldman Sachs Kate McShane News Upgrades Price Target Retail Sales Analyst Ratings AAP US00751Y1064 News Analyst Color Upgrades Price Target Retail Sales Analyst Ratings Benzinga Tue, 04 May 2021 16:50:45 +0000 Priya Nigam 20942691 at https://www.benzinga.com Why Shares Of Apple Supplier Cirrus Logic Look Compelling https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20936614/why-shares-of-apple-supplier-cirrus-logic-look-compelling <p><strong>Cirrus Logic, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crus#NASDAQ">CRUS</a>) shares have pulled back following the release of the company&#39;s fiscal year&#39;s fourth-quarter results last week. An analyst at Needham finds the stock attractive at current levels.</p> <p><strong>The Cirrus Analyst: </strong> Analyst Denis Pyatchanin upgraded shares of Cirrus from Hold to Buy, with a price target of $73.</p> <p><strong>The Cirrus Thesis: </strong> Cirrus shares have declined 26% from their mid-January peak and the multiple has compressed by about 40%, analyst Pyatchanin said.</p> <p>The company&#39;s <a href="https://www.benzinga.com/news/earnings/21/04/20886910/why-cirrus-logics-stock-is-trading-lower-today">disappointing results</a>&nbsp;and guidance were attributed to revenue recognition timing, the analyst said. The lead times for its camera controllers for use in camera ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20936614/why-shares-of-apple-supplier-cirrus-logic-look-compelling alt=Why Shares Of Apple Supplier Cirrus Logic Look Compelling>Full story available on Benzinga.com</a></p> AAPL Analyst Color CRUS Denis Pyatchanin Needham semiconductors Upgrades Price Target Analyst Ratings Tech AAPL US0378331005 CRUS US1727551004 Analyst Color Upgrades Price Target Analyst Ratings Tech Benzinga Tue, 04 May 2021 15:29:21 +0000 Shanthi Rexaline 20936614 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 CMC US2017231034 SFT MCF US21075N2045 DGX US74834L1008 NTNX BHLB US0846801076 DPZ US25754A2015 EDIT CCOI US19239V3024 FBC US3379305077 NTLA CRNT IL0010851660 FFG US30239F1066 IEA CRUS US1727551004 GPC US3724601055 RBLX MSTR US5949724083 GWW US3848021040 LHDX PSTI US72940R1023 KR US5010441013 MILE SGMO US8006771062 PLL US6964293079 RPHM TEVA US8816242098 DG US2566771059 TRIN BEAM AAP US00751Y1064 BSAC ACI US0393801008 ON ASH US0442091049 VECT BA US0970231058 FOXA US90130A1016 BAC US0605051046 DADA CCI US2282271046 Upgrades Downgrades Initiation Intraday Update Analyst Ratings Benzinga Tue, 04 May 2021 14:09:11 +0000 Benzinga Insights 20939721 at https://www.benzinga.com