Benzinga's Top Upgrades, Downgrades For August 10, 2020

Upgrades

Bernstein upgraded the previous rating for FedEx Corp FDX from Market Perform to Outperform. For the fourth quarter, FedEx had an EPS of $2.53, compared to year-ago quarter EPS of $5.01. The current stock performance of FedEx shows a 52-week-high of $183.88 and a 52-week-low of $88.69. Moreover, at the end of the last trading period, the closing price was at $183.53.
According to Morgan Stanley, the prior rating for Pinterest Inc PINS was changed from Equal-Weight to Overweight. In the second quarter, Pinterest showed an EPS of ($0.07), compared to ($0.06) from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.33 and a 52-week-low of $10.10. Pinterest closed at $35.03 at the end of the last trading period.
Benchmark upgraded the previous rating for Adient PLC ADNT from Hold to Buy. For the third quarter, Adient had an EPS of ($2.78), compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $29.27 and a 52-week-low of $5.90. At the end of the last trading period, Adient closed at $15.30.
Credit Suisse upgraded the previous rating for Consolidated Edison Inc ED from Underperform to Neutral. In the second quarter, Consolidated Edison showed an EPS of $0.60, compared to $0.58 from the year-ago quarter. The current stock performance of Consolidated Edison shows a 52-week-high of $95.10 and a 52-week-low of $62.03. Moreover, at the end of the last trading period, the closing price was at $75.09.
For Fiverr International Ltd FVRR, Citigroup upgraded the previous rating of Neutral to the current rating Buy. For the second quarter, Fiverr International had an EPS of $0.10, compared to year-ago quarter EPS of ($0.19). The stock has a 52-week-high of $126.33 and a 52-week-low of $17.11. At the end of the last trading period, Fiverr International closed at $108.51.
According to Barclays, the prior rating for Gates Industrial Corp PLC GTES was changed from Equal-Weight to Overweight. In the second quarter, Gates Industrial Corp showed an EPS of $0.03, compared to $0.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $14.30 and a 52-week-low of $5.42. Gates Industrial Corp closed at $11.74 at the end of the last trading period.
According to BTIG, the prior rating for TopBuild Corp BLD was changed from Neutral to Buy. In the second quarter, TopBuild showed an EPS of $1.68, compared to $1.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $143.19 and a 52-week-low of $54.83. TopBuild closed at $141.81 at the end of the last trading period.
Citigroup upgraded the previous rating for CF Industries Holdings Inc CF from Neutral to Buy. In the second quarter, CF Industries Holdings showed an EPS of $0.89, compared to $1.12 from the year-ago quarter. The stock has a 52-week-high of $52.33 and a 52-week-low of $19.73. At the end of the last trading period, CF Industries Holdings closed at $33.14.

Downgrades

According to B of A Securities, the prior rating for PRA Health Sciences Inc PRAH was changed from Buy to Underperform. In the second quarter, PRA Health Sciences showed an EPS of $0.86, compared to $1.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $113.31 and a 52-week-low of $58.67. PRA Health Sciences closed at $106.61 at the end of the last trading period.
According to Barclays, the prior rating for Kennametal Inc KMT was changed from Overweight to Equal-Weight. In the fourth quarter, Kennametal showed an EPS of $0.15, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $38.73 and a 52-week-low of $14.45. At the end of the last trading period, Kennametal closed at $29.30.
B of A Securities downgraded the previous rating for Olin Corp OLN from Buy to Neutral. In the second quarter, Olin showed an EPS of ($0.75), compared to ($0.15) from the year-ago quarter. The stock has a 52-week-high of $19.82 and a 52-week-low of $8.76. At the end of the last trading period, Olin closed at $11.00.
For Rayonier Inc RYN, Citigroup downgraded the previous rating of Buy to the current rating Neutral. Rayonier earned $0.11 in the second quarter, compared to $0.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $33.10 and a 52-week-low of $15.96. Rayonier closed at $28.10 at the end of the last trading period.
For Q2 Holdings Inc QTWO, Morgan Stanley downgraded the previous rating of Overweight to the current rating Equal-Weight. For the second quarter, Q2 Holdings had an EPS of $0.07, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $106.44 and a 52-week-low of $47.17. Q2 Holdings closed at $99.79 at the end of the last trading period.

Initiations

UBS initiated coverage on Concrete Pumping Holdings Inc BBCP with a Neutral rating. The price target for Concrete Pumping Holdings is set to $5.00. Concrete Pumping Holdings earned ($0.08) in the second quarter, compared to ($0.35) in the year-ago quarter. The stock has a 52-week-high of $6.10 and a 52-week-low of $1.82. At the end of the last trading period, Concrete Pumping Holdings closed at $4.18.
With a current rating of Outperform, Credit Suisse initiated coverage on GoHealth Inc GOCO. The price target seems to have been set at $25.00 for GoHealth. At the moment, the stock has a 52-week-high of $20.47 and a 52-week-low of $16.40. GoHealth closed at $17.25 at the end of the last trading period.
With a current rating of Market Outperform, JMP Securities initiated coverage on Trean Insurance Group Inc TIG. The price target seems to have been set at $20.00 for Trean Insurance Group. The current stock performance of Trean Insurance Group shows a 52-week-high of $16.76 and a 52-week-low of $15.00. Moreover, at the end of the last trading period, the closing price was at $16.40.
With a current rating of Buy, Alliance Global Partners initiated coverage on PolyPid Ltd PYPD. The price target seems to have been set at $27.00 for PolyPid. The stock has a 52-week-high of $16.28 and a 52-week-low of $13.72. At the end of the last trading period, PolyPid closed at $14.21.
For Ncino Inc NCNO, Raymond James initiated coverage, by setting the current rating at Market Perform. The current stock performance of Ncino shows a 52-week-high of $80.90 and a 52-week-low of $71.25. Moreover, at the end of the last trading period, the closing price was at $75.37.
Goldman Sachs initiated coverage on GoHealth Inc GOCO with a Buy rating. The price target for GoHealth is set to $21.00. The current stock performance of GoHealth shows a 52-week-high of $20.47 and a 52-week-low of $16.40. Moreover, at the end of the last trading period, the closing price was at $17.25.
With a current rating of Buy, Citigroup initiated coverage on OraSure Technologies Inc OSUR. The price target seems to have been set at $18.00 for OraSure Technologies. OraSure Technologies earned ($0.16) in the second quarter, compared to $0.07 in the year-ago quarter. The current stock performance of OraSure Technologies shows a 52-week-high of $19.75 and a 52-week-low of $5.23. Moreover, at the end of the last trading period, the closing price was at $14.05.
Canaccord Genuity initiated coverage on Verona Pharma PLC VRNA with a Buy rating. The price target for Verona Pharma is set to $17.00. In the first quarter, Verona Pharma showed an EPS of ($0.12), compared to ($0.07) from the year-ago quarter. The current stock performance of Verona Pharma shows a 52-week-high of $15.71 and a 52-week-low of $2.01. Moreover, at the end of the last trading period, the closing price was at $7.83.
KeyBanc initiated coverage on Ncino Inc NCNO with an Overweight rating. The price target for Ncino is set to $90.00. The current stock performance of Ncino shows a 52-week-high of $80.90 and a 52-week-low of $71.25. Moreover, at the end of the last trading period, the closing price was at $75.37.