Skip to main content

Market Overview

Benzinga's Top Upgrades, Downgrades For July 15, 2020

Share:

Upgrades

  • For Williams Companies Inc (NYSE: WMB), Morgan Stanley upgraded the stock from Equal-Weight to Overweight. For the first quarter, Williams Companies had an EPS of $0.26, compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $28.99 and a 52-week-low of $8.41. Williams Companies's stock last closed at $19.10 per share.
  • JP Morgan changed the rating for Ally Financial Inc (NYSE: ALLY) from Neutral to Overweight. In the first quarter, Ally Financial showed an EPS of ($0.44), compared to $0.80 from the year-ago quarter. The stock has a 52-week-high of $35.42 and a 52-week-low of $10.22. Ally Financial's stock last closed at $20.83 per share.
  • Northcoast Research changed the rating for H&R Block Inc (NYSE: HRB) from Neutral to Buy. In the fourth quarter, H&R Block showed an EPS of $3.01, compared to $4.32 from the year-ago quarter. The stock has a 52-week-high of $28.50 and a 52-week-low of $11.29. H&R Block's stock last closed at $13.61 per share.
  • For Hanesbrands Inc (NYSE: HBI), Raymond James upgraded the stock from Market Perform to Strong Buy. In the first quarter, Hanesbrands showed an EPS of $0.05, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $17.09 and a 52-week-low of $6.96. Hanesbrands's stock last closed at $12.54 per share.
  • Citigroup upgraded the stock for The Mosaic Co (NYSE: MOS) from Neutral to Buy. For the first quarter, Mosaic had an EPS of ($0.06), compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of $25.70 and a 52-week-low of $6.50. Mosaic's stock last closed at $13.08 per share.
  • Rosenblatt changed the rating for Xylem Inc (NYSE: XYL) from Neutral to Buy. In the first quarter, Xylem showed an EPS of $0.23, compared to $0.52 from the year-ago quarter. The stock has a 52-week-high of $89.34 and a 52-week-low of $54.62. Xylem's stock last closed at $73.38 per share.
  • Cowen & Co. changed the rating for Schlumberger Ltd (NYSE: SLB) from Market Perform to Outperform. For the first quarter, Schlumberger had an EPS of $0.25, compared to year-ago quarter EPS of $0.30. The stock has a 52-week-high of $41.40 and a 52-week-low of $11.87. Schlumberger's stock last closed at $18.38 per share.
  • For Halliburton Co (NYSE: HAL), Cowen & Co. upgraded the stock from Market Perform to Outperform. Halliburton earned $0.31 in the first quarter, compared to $0.23 in the year-ago quarter. The stock has a 52-week-high of $25.47 and a 52-week-low of $4.25. Halliburton's stock last closed at $12.48 per share.
  • Evercore ISI Group upgraded the stock for Wells Fargo & Co (NYSE: WFC) from In-Line to Outperform. For the second quarter, Wells Fargo had an EPS of ($0.66), compared to year-ago quarter EPS of $1.30. The stock has a 52-week-high of $54.75 and a 52-week-low of $22.00. Wells Fargo's stock last closed at $24.25 per share..

 

Downgrades

  • JP Morgan downgraded the stock for Synchrony Financial (NYSE: SYF) from Overweight to Neutral. Synchrony Finl earned $0.45 in the first quarter, compared to $1.00 in the year-ago quarter. The stock has a 52-week-high of $38.18 and a 52-week-low of $12.15. Synchrony Finl's stock last closed at $22.44 per share.
  • For Waste Management Inc (NYSE: WM), CIBC downgraded the stock from Outperformer to Neutral. Waste Management earned $0.93 in the first quarter, compared to $0.94 in the year-ago quarter. The stock has a 52-week-high of $126.79 and a 52-week-low of $85.34. Waste Management's stock last closed at $106.24 per share.
  • Northcoast Research downgraded the stock for Wingstop Inc (NASDAQ: WING) from Buy to Neutral. Wingstop earned $0.27 in the first quarter, compared to $0.22 in the year-ago quarter. The stock has a 52-week-high of $146.13 and a 52-week-low of $44.27. Wingstop's stock last closed at $130.55 per share.
  • Goldman Sachs downgraded the stock for Fortinet Inc (NASDAQ: FTNT) from Buy to Neutral. Fortinet earned $0.60 in the first quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $151.95 and a 52-week-low of $70.20. Fortinet's stock last closed at $134.48 per share.
  • Wells Fargo changed the rating for Marvell Technology Group Ltd (NASDAQ: MRVL) from Overweight to Equal-Weight. For the first quarter, Marvell Technology Group had an EPS of $0.18, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $39.40 and a 52-week-low of $16.45. Marvell Technology Group's stock last closed at $37.23 per share.
  • For CenturyLink Inc (NYSE: CTL), Oppenheimer downgraded the stock from Outperform to Perform. CenturyLink earned $0.37 in the first quarter, compared to $0.34 in 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 $9.89 per share.
  • SunTrust Robinson Humphrey downgraded the stock for AAR Corp (NYSE: AIR) from Buy to Hold. For the third quarter, AAR had an EPS of $0.67, compared to year-ago quarter EPS of $0.79. The stock has a 52-week-high of $52.78 and a 52-week-low of $8.56. AAR's stock last closed at $19.11 per share.
  • SunTrust Robinson Humphrey changed the rating for RBC Bearings Inc (NASDAQ: ROLL) from Hold to Sell. In the fourth quarter, RBC Bearings showed an EPS of $1.33, compared to $1.33 from the year-ago quarter. The stock has a 52-week-high of $185.06 and a 52-week-low of $77.63. RBC Bearings's stock last closed at $133.30 per share.
  • SunTrust Robinson Humphrey changed the rating for TransDigm Group Inc (NYSE: TDG) from Buy to Hold. TransDigm Gr earned $5.10 in the second quarter, compared to $4.21 in the year-ago quarter. The stock has a 52-week-high of $673.51 and a 52-week-low of $200.06. TransDigm Gr's stock last closed at $422.53 per share.

 

Initiations

  • With a rating of Buy, B. Riley FBR initiated coverage on Extreme Networks Inc (NASDAQ: EXTR). The price target is set at $7.50 for Extreme Networks. For the third quarter, Extreme Networks had an EPS of ($0.14), compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $8.50 and a 52-week-low of $1.43. Extreme Networks's stock last closed at $4.11 per share.
  • Argus Research initiated coverage on Church & Dwight Co Inc (NYSE: CHD) with a Buy rating. The price target for Church & Dwight Co is set at $98.00. Church & Dwight Co earned $0.83 in the first quarter, compared to $0.70 in the year-ago quarter. The stock has a 52-week-high of $84.78 and a 52-week-low of $47.98. Church & Dwight Co's stock last closed at $84.47 per share.
  • Credit Suisse initiated coverage on Livongo Health Inc (NASDAQ: LVGO) with an Outperform rating. The price target for Livongo Health is set at $132.00. Livongo Health earned $0.03 in the first quarter. The stock has a 52-week-high of $114.94 and a 52-week-low of $15.12. Livongo Health's stock last closed at $101.18 per share.
  • Barclays initiated coverage on Switch Inc (NYSE: SWCH) with an Overweight rating. The price target for Switch is set at $22.00. In the first quarter, Switch showed an EPS of $0.04, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $19.56 and a 52-week-low of $10.30. Switch's stock last closed at $17.87 per share.
  • Barclays initiated coverage on Equinix Inc (NASDAQ: EQIX) with an Overweight rating. The price target for Equinix is set at $821.00. In the first quarter, Equinix showed an EPS of $6.21, compared to $5.95 from the year-ago quarter. The stock has a 52-week-high of $735.99 and a 52-week-low of $477.87. Equinix's stock last closed at $716.91 per share.
  • Barclays initiated coverage on CyrusOne Inc (NASDAQ: CONE) with a Equal-Weight rating. The price target for CyrusOne is set at $82.00. 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 $76.87 per share.
  • Bernstein initiated coverage on Seagate Technology PLC (NASDAQ: STX) with a Market Perform rating. The price target for Seagate Technology is set at $45.00. Seagate Technology earned $1.38 in the third quarter, compared to $0.83 in the year-ago quarter. The stock has a 52-week-high of $64.17 and a 52-week-low of $39.02. Seagate Technology's stock last closed at $47.38 per share.
  • With a rating of Outperform, Bernstein initiated coverage on Western Digital Corp (NASDAQ: WDC). The price target is set at $60.00 for Western Digital. Western Digital earned $0.85 in the third quarter, compared to $0.17 in the year-ago quarter. The stock has a 52-week-high of $72.00 and a 52-week-low of $27.40. Western Digital's stock last closed at $42.05 per share.
  • DA Davidson initiated coverage on Columbus McKinnon Corp (NASDAQ: CMCO) with a Neutral rating. The price target for Columbus McKinnon is set at $35.00. For the fourth quarter, Columbus McKinnon had an EPS of $0.58, compared to year-ago quarter EPS of $0.69. The stock has a 52-week-high of $43.09 and a 52-week-low of $19.20. Columbus McKinnon's stock last closed at $33.41 per share.
  • With a rating of Overweight, Cantor Fitzgerald initiated coverage on Soliton Inc (NASDAQ: SOLY). The price target is set at $12.00 for Soliton. In the first quarter, Soliton showed an EPS of ($0.19), compared to ($0.43) from the year-ago quarter. The stock has a 52-week-high of $21.18 and a 52-week-low of $6.64. Soliton's stock last closed at $7.64 per share.
  • With a rating of Outperform, Evercore ISI Group initiated coverage on Boston Beer Co Inc (NYSE: SAM). The price target is set at $725.00 for Boston Beer Co. Boston Beer Co earned $1.60 in the first quarter, compared to $1.87 in the year-ago quarter. The stock has a 52-week-high of $624.66 and a 52-week-low of $290.02. Boston Beer Co's stock last closed at $622.76 per share.
 

Related Articles (AIR + ALLY)

View Comments and Join the Discussion!

Posted-In: Initiations top upgradesPenny Stocks Upgrades Downgrades Initiation Intraday Update Analyst Ratings

Latest Ratings

StockFirmActionPT
ALTJMP SecuritiesMaintains53.0
NGACColliers SecuritiesInitiates Coverage On15.0
SAGEWilliam BlairDowngrades62.0
TALMorgan StanleyDowngrades21.5
XJP MorganAssumes41.0
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.
SPAC
Everything you need to know about the latest SPAC news.
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