Benzinga's Top Upgrades, Downgrades For June 17, 2020

Upgrades

Raymond James upgraded the stock for Bank OZK OZK from Market Perform to Outperform. For the first quarter, Bank OZK had an EPS of $0.09, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $31.76 and a 52-week-low of $14.20. Bank OZK's stock last closed at $25.30 per share.
Raymond James upgraded the stock for Cadence Bancorp CADE from Market Perform to Strong Buy. For the first quarter, Cadence Bancorp had an EPS of $0.10, compared to year-ago quarter EPS of $0.57. The stock has a 52-week-high of $21.21 and a 52-week-low of $4.63. Cadence Bancorp's stock last closed at $9.04 per share.
For FS Bancorp Inc FSBW, Raymond James upgraded the stock from Market Perform to Outperform. For the first quarter, FS Bancorp had an EPS of $1.14, compared to year-ago quarter EPS of $1.18. The stock has a 52-week-high of $64.41 and a 52-week-low of $27.50. FS Bancorp's stock last closed at $39.75 per share.
For Pinnacle Financial Partners Inc PNFP, Raymond James upgraded the stock from Market Perform to Outperform. For the first quarter, Pinnacle Finl Partners had an EPS of $0.39, compared to year-ago quarter EPS of $1.24. The stock has a 52-week-high of $65.00 and a 52-week-low of $27.80. Pinnacle Finl Partners's stock last closed at $44.61 per share.
For Regions Financial Corp RF, Raymond James upgraded the stock from Market Perform to Outperform. Regions Financial earned $0.15 in the first quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $17.54 and a 52-week-low of $6.94. Regions Financial's stock last closed at $12.59 per share.

Downgrades

Raymond James changed the rating for Alerus Financial Corp ALRS from Outperform to Market Perform. Alerus Financial earned $0.30 in the first quarter. The stock has a 52-week-high of $23.58 and a 52-week-low of $15.05. Alerus Financial's stock last closed at $20.55 per share.
Evercore ISI Group changed the rating for KLA Corp KLAC from Outperform to In-Line. In the third quarter, KLA showed an EPS of $2.47, compared to $1.80 from the year-ago quarter. The stock has a 52-week-high of $196.97 and a 52-week-low of $107.69. KLA's stock last closed at $192.99 per share.
Canaccord Genuity changed the rating for Chembio Diagnostics Inc CEMI from Buy to Hold. For the first quarter, Chembio Diagnostics had an EPS of ($0.25), compared to year-ago quarter EPS of ($0.14). The stock has a 52-week-high of $15.89 and a 52-week-low of $2.25. Chembio Diagnostics's stock last closed at $9.93 per share.

Initiations

Seaport Global initiated coverage on United Airlines Holdings Inc UAL with a Buy rating. The price target for United Airlines Holdings is set at $56.00. United Airlines Holdings earned ($2.57) in the first quarter. The stock has a 52-week-high of $96.03 and a 52-week-low of $17.80. United Airlines Holdings's stock last closed at $40.21 per share.
Seaport Global initiated coverage on American Airlines Group Inc AAL with a Buy rating. The price target for American Airlines Group is set at $27.00. In the first quarter, American Airlines Group showed an EPS of ($2.65), compared to $0.52 from the year-ago quarter. The stock has a 52-week-high of $34.99 and a 52-week-low of $8.25. American Airlines Group's stock last closed at $17.03 per share.
With a rating of Buy, Seaport Global initiated coverage on JetBlue Airways Corp JBLU. The price target is set at $18.00 for JetBlue Airways. For the first quarter, JetBlue Airways had an EPS of ($0.42), compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $21.65 and a 52-week-low of $6.61. JetBlue Airways's stock last closed at $12.27 per share.
Seaport Global initiated coverage on Spirit Airlines Inc SAVE with a Buy rating. The price target for Spirit Airlines is set at $29.00. In the first quarter, Spirit Airlines earned ($0.86). The stock has a 52-week-high of $55.21 and a 52-week-low of $7.01. Spirit Airlines's stock last closed at $20.72 per share.
With a rating of Outperform, BMO Capital initiated coverage on CNX Resources Corp CNX. The price target is set at $13.00 for CNX Resources. In the first quarter, CNX Resources showed an EPS of $0.61, compared to $0.34 from the year-ago quarter. The stock has a 52-week-high of $14.19 and a 52-week-low of $4.26. CNX Resources's stock last closed at $10.72 per share.
Guggenheim initiated coverage on Madison Square Garden Entertainment Corp MSGE with a Buy rating. The price target for Madison Square Garden is set at $116.00. The stock has a 52-week-high of $87.20 and a 52-week-low of $62.50. Madison Square Garden's stock last closed at $73.91 per share.
For BioCryst Pharmaceuticals Inc BCRX, BTIG initiated coverage, by setting the current rating at Neutral. BioCryst Pharmaceuticals earned ($0.24) in the first quarter, compared to ($0.28) in the year-ago quarter. The stock has a 52-week-high of $6.29 and a 52-week-low of $1.38. BioCryst Pharmaceuticals's stock last closed at $4.37 per share.
With a rating of Buy, BTIG initiated coverage on ChemoCentryx Inc CCXI. The price target is set at $70.00 for ChemoCentryx. In the first quarter, ChemoCentryx showed an EPS of ($0.35), compared to ($0.23) from the year-ago quarter. The stock has a 52-week-high of $65.43 and a 52-week-low of $6.16. ChemoCentryx's stock last closed at $62.16 per share.