Skip to main content

Market Overview

Benzinga's Top Upgrades, Downgrades For July 28, 2020

Share:

Upgrades

  • SunTrust Robinson Humphrey upgraded the previous rating for Concho Resources Inc (NYSE: CXO) from Hold to Buy. For the first quarter, Concho Resources had an EPS of $0.72, compared to year-ago quarter EPS of $0.72. The current stock performance of Concho Resources shows a 52-week-high of $99.42 and a 52-week-low of $33.13. Moreover, at the end of the last trading period, the closing price was at $52.68.
  • Craig-Hallum upgraded the previous rating for Vocera Communications Inc (NYSE: VCRA) from Hold to Buy. Vocera Communications earned $0.10 in the second quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.28 and a 52-week-low of $15.89. Vocera Communications closed at $23.47 at the end of the last trading period.
  • Wells Fargo upgraded the previous rating for Spire Inc (NYSE: SR) from Equal-Weight to Overweight. In the second quarter, Spire showed an EPS of $2.75, compared to $2.90 from the year-ago quarter. The stock has a 52-week-high of $88.00 and a 52-week-low of $57.37. At the end of the last trading period, Spire closed at $61.17.
  • According to Jefferies, the prior rating for Cloudflare Inc (NYSE: NET) was changed from Hold to Buy. Cloudflare earned ($0.04) in the first quarter. At the moment, the stock has a 52-week-high of $42.60 and a 52-week-low of $14.50. Cloudflare closed at $37.35 at the end of the last trading period.
  • For Shopify Inc (NYSE: SHOP), Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. In the first quarter, Shopify showed an EPS of $0.19, compared to $0.09 from the year-ago quarter. The current stock performance of Shopify shows a 52-week-high of $1074.98 and a 52-week-low of $282.08. Moreover, at the end of the last trading period, the closing price was at $976.93.
  • JP Morgan upgraded the previous rating for Avery Dennison Corp (NYSE: AVY) from Underweight to Neutral. For the second quarter, Avery Dennison had an EPS of $1.27, compared to year-ago quarter EPS of $1.72. The stock has a 52-week-high of $141.09 and a 52-week-low of $76.96. At the end of the last trading period, Avery Dennison closed at $115.75.

 

Downgrades

  • DA Davidson downgraded the previous rating for Simpson Manufacturing Co Inc (NYSE: SSD) from Buy to Neutral. For the second quarter, Simpson Manufacturing Co had an EPS of $1.22, compared to year-ago quarter EPS of $0.88. The current stock performance of Simpson Manufacturing Co shows a 52-week-high of $95.65 and a 52-week-low of $47.02. Moreover, at the end of the last trading period, the closing price was at $94.02.
  • For Tyler Technologies Inc (NYSE: TYL), Oppenheimer downgraded the previous rating of Outperform to the current rating Perform. For the first quarter, Tyler Technologies had an EPS of $1.25, compared to year-ago quarter EPS of $1.22. The current stock performance of Tyler Technologies shows a 52-week-high of $382.92 and a 52-week-low of $228.54. Moreover, at the end of the last trading period, the closing price was at $358.95.
  • For Tesla Inc (NASDAQ: TSLA), Bernstein downgraded the previous rating of Market Perform to the current rating Underperform. Tesla earned $2.18 in the second quarter, compared to ($1.12) in the year-ago quarter. The stock has a 52-week-high of $1794.99 and a 52-week-low of $211.00. At the end of the last trading period, Tesla closed at $1539.60.
  • For Redfin Corp (NASDAQ: RDFN), Susquehanna downgraded the previous rating of Neutral to the current rating Negative. For the first quarter, Redfin had an EPS of ($0.64), compared to year-ago quarter EPS of ($0.74). The stock has a 52-week-high of $44.00 and a 52-week-low of $9.63. At the end of the last trading period, Redfin closed at $43.49.
  • JP Morgan downgraded the previous rating for Two Harbors Investment Corp (NYSE: TWO) from Overweight to Neutral. In the first quarter, Two Harbors Investment showed an EPS of $0.25, compared to $0.49 from the year-ago quarter. The stock has a 52-week-high of $15.85 and a 52-week-low of $2.25. At the end of the last trading period, Two Harbors Investment closed at $5.33.

 

Initiations

  • JMP Securities initiated coverage on Altimmune Inc (NASDAQ: ALT) with a Market Outperform rating. The price target for Altimmune is set to $50.00. For the first quarter, Altimmune had an EPS of ($0.26), compared to year-ago quarter EPS of ($0.27). The current stock performance of Altimmune shows a 52-week-high of $35.10 and a 52-week-low of $1.51. Moreover, at the end of the last trading period, the closing price was at $22.43.
  • For Tyson Foods Inc (NYSE: TSN), Seaport Global initiated coverage, by setting the current rating at Neutral. Tyson Foods earned $0.77 in the second quarter, compared to $1.20 in the year-ago quarter. At the moment, the stock has a 52-week-high of $94.24 and a 52-week-low of $42.57. Tyson Foods closed at $60.99 at the end of the last trading period.
  • With a current rating of Buy, Seaport Global initiated coverage on Mondelez International Inc (NASDAQ: MDLZ). The price target seems to have been set at $61.00 for Mondelez International. Mondelez International earned No EPS Value in the second quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Mondelez International shows a 52-week-high of $59.96 and a 52-week-low of $41.19. Moreover, at the end of the last trading period, the closing price was at $55.58.
  • With a current rating of Buy, Seaport Global initiated coverage on Kellogg Co (NYSE: K). The price target seems to have been set at $76.00 for Kellogg. For the first quarter, Kellogg had an EPS of $0.99, compared to year-ago quarter EPS of $1.01. The current stock performance of Kellogg shows a 52-week-high of $71.05 and a 52-week-low of $52.66. Moreover, at the end of the last trading period, the closing price was at $69.92.
  • With a current rating of Buy, Seaport Global initiated coverage on Archer-Daniels Midland Co (NYSE: ADM). The price target seems to have been set at $51.00 for Archer-Daniels Midland. Archer-Daniels Midland earned $0.64 in the first quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $47.20 and a 52-week-low of $28.92. At the end of the last trading period, Archer-Daniels Midland closed at $42.14.
  • With a current rating of Neutral, B of A Securities initiated coverage on Saia Inc (NASDAQ: SAIA). The price target seems to have been set at $135.00 for Saia. In the first quarter, Saia showed an EPS of $1.06, compared to $0.85 from the year-ago quarter. The stock has a 52-week-high of $132.62 and a 52-week-low of $61.46. At the end of the last trading period, Saia closed at $129.19.
  • With a current rating of Overweight, Wells Fargo initiated coverage on Insulet Corp (NASDAQ: PODD). The price target seems to have been set at $231.00 for Insulet. For the first quarter, Insulet had an EPS of ($0.03), compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $228.79 and a 52-week-low of $115.56. At the end of the last trading period, Insulet closed at $192.55.
  • Raymond James initiated coverage on Bristol-Myers Squibb Company (NYSE: BMY) with an Outperform rating. The price target for Bristol-Myers Squibb is set to $75.00. Bristol-Myers Squibb earned $1.72 in the first quarter, compared to $1.10 in the year-ago quarter. The current stock performance of Bristol-Myers Squibb shows a 52-week-high of $68.34 and a 52-week-low of $44.00. Moreover, at the end of the last trading period, the closing price was at $58.05.
  • With a current rating of Overweight, Piper Sandler initiated coverage on Carvana Co (NYSE: CVNA). The price target seems to have been set at $211.00 for Carvana. In the first quarter, Carvana showed an EPS of ($1.18), compared to ($0.53) from the year-ago quarter. At the moment, the stock has a 52-week-high of $150.93 and a 52-week-low of $22.16. Carvana closed at $150.90 at the end of the last trading period.
  • Piper Sandler initiated coverage on CarGurus Inc (NASDAQ: CARG) with a Neutral rating. The price target for CarGurus is set to $27.00. In the first quarter, CarGurus showed an EPS of $0.19, compared to $0.12 from the year-ago quarter. The current stock performance of CarGurus shows a 52-week-high of $40.91 and a 52-week-low of $14.25. Moreover, at the end of the last trading period, the closing price was at $25.63.
  • Piper Sandler initiated coverage on GrubHub Inc (NYSE: GRUB) with a Neutral rating. The price target for GrubHub is set to $75.00. For the first quarter, GrubHub had an EPS of $0.00, compared to year-ago quarter EPS of $0.30. The current stock performance of GrubHub shows a 52-week-high of $80.25 and a 52-week-low of $29.35. Moreover, at the end of the last trading period, the closing price was at $71.05.
  • Canaccord Genuity initiated coverage on Marrone Bio Innovations Inc (NASDAQ: MBII) with a Buy rating. The price target for Marrone Bio Innovations is set to $1.80. Marrone Bio Innovations earned ($0.05) in the first quarter, compared to ($0.04) in the year-ago quarter. The stock has a 52-week-high of $1.73 and a 52-week-low of $0.61. At the end of the last trading period, Marrone Bio Innovations closed at $1.15.
  • Canaccord Genuity initiated coverage on Calyxt Inc (NASDAQ: CLXT) with a Buy rating. The price target for Calyxt is set to $8.00. In the first quarter, Calyxt showed an EPS of ($0.34), compared to ($0.23) from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.19 and a 52-week-low of $2.40. Calyxt closed at $4.42 at the end of the last trading period.
  • Canaccord Genuity initiated coverage on Beyond Meat Inc (NASDAQ: BYND) with a Hold rating. The price target for Beyond Meat is set to $140.00. For the first quarter, Beyond Meat had an EPS of $0.03, compared to year-ago quarter EPS of ($0.14). The stock has a 52-week-high of $239.71 and a 52-week-low of $48.18. At the end of the last trading period, Beyond Meat closed at $126.72.
 

Related Articles (ADM + ALT)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
KINLake StreetDowngrades9.3
AXPDZ BankDowngrades170.0
ATUSTD SecuritiesUpgrades43.0
SWKGabelli & Co.Upgrades
HSTCapital OneUpgrades20.5
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