Benzinga's Top Upgrades, Downgrades For September 8, 2020

Upgrades

  • SVB Leerink upgraded the previous rating for eHealth Inc EHTH from Market Perform to Outperform. For the second quarter, eHealth had an EPS of $0.07, compared to year-ago quarter EPS of $0.10. The current stock performance of eHealth shows a 52-week-high of $152.19 and a 52-week-low of $52.71. Moreover, at the end of the last trading period, the closing price was at $63.90.
  • Atlantic Equities upgraded the previous rating for AutoZone Inc AZO from Neutral to Overweight. In the third quarter, AutoZone showed an EPS of $14.39, compared to $15.99 from the year-ago quarter. The current stock performance of AutoZone shows a 52-week-high of $1274.41 and a 52-week-low of $684.91. Moreover, at the end of the last trading period, the closing price was at $1206.70.
  • Bernstein upgraded the previous rating for Farfetch Ltd FTCH from Underperform to Market Perform. For the second quarter, Farfetch had an EPS of $0.20, compared to year-ago quarter EPS of $0.15. The current stock performance of Farfetch shows a 52-week-high of $31.88 and a 52-week-low of $5.99. Moreover, at the end of the last trading period, the closing price was at $26.11.
  • For Hilton Grand Vacations Inc HGV, Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. For the second quarter, Hilton Grand Vacations had an EPS of $0.56, compared to year-ago quarter EPS of $0.43. The stock has a 52-week-high of $36.56 and a 52-week-low of $8.28. At the end of the last trading period, Hilton Grand Vacations closed at $22.72.
  • Deutsche Bank upgraded the previous rating for Dave & Buster's Entertainment Inc PLAY from Hold to Buy. In the first quarter, Dave & Buster's Enter showed an EPS of $1.01, compared to $1.13 from the year-ago quarter. The current stock performance of Dave & Buster's Enter shows a 52-week-high of $48.80 and a 52-week-low of $4.61. Moreover, at the end of the last trading period, the closing price was at $18.85.
  • For Wyndham Destinations Inc WYND, Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. Wyndham Destinations earned $1.11 in the second quarter, compared to $1.45 in the year-ago quarter. The stock has a 52-week-high of $53.13 and a 52-week-low of $13.74. At the end of the last trading period, Wyndham Destinations closed at $31.47.
  • JP Morgan upgraded the previous rating for Camping World Holdings Inc CWH from Neutral to Overweight. For the second quarter, Camping World Holdings had an EPS of $1.62, compared to year-ago quarter EPS of $0.54. At the moment, the stock has a 52-week-high of $42.49 and a 52-week-low of $3.40. Camping World Holdings closed at $30.43 at the end of the last trading period.
  • Barclays upgraded the previous rating for BT Group PLC BTGOF from Equal-Weight to Overweight. The stock has a 52-week-high of $1.65 and a 52-week-low of $1.19. At the end of the last trading period, BT Group closed at $1.35.
  • Piper Sandler upgraded the previous rating for Reinsurance Group of America Inc RGA from Neutral to Overweight. In the second quarter, Reinsurance Group showed an EPS of $1.36, compared to $3.31 from the year-ago quarter. The stock has a 52-week-high of $169.26 and a 52-week-low of $55.39. At the end of the last trading period, Reinsurance Group closed at $96.56.
  • Raymond James upgraded the previous rating for W.W. Grainger Inc GWW from Market Perform to Outperform. In the second quarter, W.W. Grainger showed an EPS of $3.75, compared to $4.64 from the year-ago quarter. The current stock performance of W.W. Grainger shows a 52-week-high of $371.87 and a 52-week-low of $200.61. Moreover, at the end of the last trading period, the closing price was at $357.91.

 

Downgrades

  • For ACM Research Inc ACMR, Needham downgraded the previous rating of Buy to the current rating Hold. In the second quarter, ACM Research showed an EPS of $0.29, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $113.87 and a 52-week-low of $12.51. At the end of the last trading period, ACM Research closed at $82.07.
  • According to Raymond James, the prior rating for Nokia Oyj NOK was changed from Strong Buy to Market Perform. In the second quarter, Nokia 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 $5.33 and a 52-week-low of $2.34. Nokia closed at $4.47 at the end of the last trading period.
  • SVB Leerink downgraded the previous rating for Moderna Inc MRNA from Market Perform to Underperform. For the second quarter, Moderna had an EPS of $0.31, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $95.21 and a 52-week-low of $13.53. Moderna closed at $62.60 at the end of the last trading period.
  • According to Morgan Stanley, the prior rating for Baidu Inc BIDU was changed from Overweight to Equal-Weight. Baidu earned $2.08 in the second quarter, compared to $1.47 in the year-ago quarter. The stock has a 52-week-high of $147.38 and a 52-week-low of $82.00. At the end of the last trading period, Baidu closed at $122.87.
  • According to Oppenheimer, the prior rating for Constellation Pharmaceuticals Inc CNST was changed from Outperform to Perform. For the second quarter, Constellation had an EPS of $0.70, compared to year-ago quarter EPS of $0.80. At the moment, the stock has a 52-week-high of $59.49 and a 52-week-low of $6.01. Constellation closed at $21.27 at the end of the last trading period.
  • For PagSeguro Digital Ltd PAGS, Goldman Sachs downgraded the previous rating of Buy to the current rating Neutral. For the second quarter, PagSeguro Digital had an EPS of $0.17, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $53.35 and a 52-week-low of $13.58. At the end of the last trading period, PagSeguro Digital closed at $39.12.
  • For Roper Technologies Inc ROP, JP Morgan downgraded the previous rating of Neutral to the current rating Underweight. Roper Technologies earned $2.94 in the second quarter, compared to $3.07 in the year-ago quarter. The current stock performance of Roper Technologies shows a 52-week-high of $455.72 and a 52-week-low of $240.00. Moreover, at the end of the last trading period, the closing price was at $422.60.
  • According to Raymond James, the prior rating for Fastenal Co FAST was changed from Market Perform to Underperform. For the second quarter, Fastenal had an EPS of $0.42, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $49.86 and a 52-week-low of $26.71. At the end of the last trading period, Fastenal closed at $46.27.

 

Initiations

  • Morgan Stanley initiated coverage on Lockheed Martin Corp LMT with an Overweight rating. The price target for Lockheed Martin is set to $509.00. Lockheed Martin earned $5.79 in the second quarter, compared to $4.95 in the year-ago quarter. The stock has a 52-week-high of $442.53 and a 52-week-low of $266.11. At the end of the last trading period, Lockheed Martin closed at $385.00.
  • With a current rating of Overweight, Morgan Stanley initiated coverage on L3Harris Technologies Inc LHX. The price target seems to have been set at $248.00 for L3Harris Technologies. L3Harris Technologies earned $2.83 in the second quarter. The current stock performance of L3Harris Technologies shows a 52-week-high of $230.99 and a 52-week-low of $142.01. Moreover, at the end of the last trading period, the closing price was at $181.69.
  • Morgan Stanley initiated coverage on Boeing Co BA with an Underweight rating. The price target for Boeing is set to $181.00. In the second quarter, Boeing showed an EPS of $4.79, compared to $2.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $391.00 and a 52-week-low of $89.00. Boeing closed at $170.94 at the end of the last trading period.
  • With a current rating of Buy, HC Wainwright & Co. initiated coverage on Forma Therapeutics Holdings Inc FMTX. The price target seems to have been set at $53.00 for Forma Therapeutics Hldgs. Interestingly, in the second quarter, Forma Therapeutics Hldgs's EPS was $4.58. The current stock performance of Forma Therapeutics Hldgs shows a 52-week-high of $50.00 and a 52-week-low of $31.45. Moreover, at the end of the last trading period, the closing price was at $39.50.
  • SVB Leerink initiated coverage on Genmab A/S GMAB with a Market Perform rating. The price target for Genmab is set to $35.00. Genmab earned $7.58 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $38.57 and a 52-week-low of $16.24. At the end of the last trading period, Genmab closed at $35.02.
  • HC Wainwright & Co. initiated coverage on Envision Solar International Inc EVSI with a Buy rating. The price target for Envision Solar Intl is set to $30.00. For the second quarter, Envision Solar Intl had an EPS of $0.16, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $15.98 and a 52-week-low of $3.90. Envision Solar Intl closed at $11.65 at the end of the last trading period.
  • Needham initiated coverage on Duck Creek Technologies Inc DCT with a Buy rating. The price target for Duck Creek Technologies is set to $47.00. Duck Creek Technologies earned $0.63 in the second quarter, compared to $0.60 in the year-ago quarter. At the end of the last trading period, Duck Creek Technologies closed at $36.62.
  • With a current rating of Overweight, Morgan Stanley initiated coverage on Allegiant Travel Co ALGT. The price target seems to have been set at $175.00 for Allegiant Travel. In the second quarter, Allegiant Travel showed an EPS of $5.96, compared to $4.81 from the year-ago quarter. The current stock performance of Allegiant Travel shows a 52-week-high of $183.26 and a 52-week-low of $60.06. Moreover, at the end of the last trading period, the closing price was at $133.65.
  • Morgan Stanley initiated coverage on Alaska Air Group Inc ALK with a Equal-Weight rating. The price target for Alaska Air Group is set to $46.00. For the second quarter, Alaska Air Group had an EPS of $3.54, compared to year-ago quarter EPS of $2.17. The stock has a 52-week-high of $72.22 and a 52-week-low of $20.02. At the end of the last trading period, Alaska Air Group closed at $40.86.
  • Goldman Sachs initiated coverage on KE Holdings Inc BEKE with a Neutral rating. The price target for KE Holdings is set to $48.00. At the end of the last trading period, KE Holdings closed at $45.43.
  • With a current rating of Hold, Jefferies initiated coverage on CureVac NV CVAC. The price target seems to have been set at $58.00 for CureVac. Moreover, at the end of the last trading period, the closing price was at $63.45.
  • With a current rating of Overweight, Morgan Stanley initiated coverage on Delta Air Lines Inc DAL. The price target seems to have been set at $50.00 for Delta Air Lines. In the second quarter, Delta Air Lines showed an EPS of $4.43, compared to $2.35 from the year-ago quarter. At the moment, the stock has a 52-week-high of $62.48 and a 52-week-low of $17.51. Delta Air Lines closed at $31.77 at the end of the last trading period.
  • Citigroup initiated coverage on Eidos Therapeutics Inc EIDX with a Buy rating. The price target for Eidos Therapeutics is set to $80.00. In the second quarter, Eidos Therapeutics showed an EPS of $0.75, compared to $0.39 from the year-ago quarter. The current stock performance of Eidos Therapeutics shows a 52-week-high of $66.56 and a 52-week-low of $28.39. Moreover, at the end of the last trading period, the closing price was at $40.99.
  • Morgan Stanley initiated coverage on General Dynamics Corp GD with an Underweight rating. The price target for General Dynamics is set to $163.00. General Dynamics earned $2.18 in the second quarter, compared to $2.77 in the year-ago quarter. The stock has a 52-week-high of $193.76 and a 52-week-low of $100.55. At the end of the last trading period, General Dynamics closed at $151.74.
  • Morgan Stanley initiated coverage on JetBlue Airways Corp JBLU with an Overweight rating. The price target for JetBlue Airways is set to $16.00. In the second quarter, JetBlue Airways showed an EPS of $2.02, compared to $0.60 from the year-ago quarter. The current stock performance of JetBlue Airways shows a 52-week-high of $21.65 and a 52-week-low of $6.61. Moreover, at the end of the last trading period, the closing price was at $12.13.
  • With a current rating of Overweight, Morgan Stanley initiated coverage on Southwest Airlines Co LUV. The price target seems to have been set at $54.00 for Southwest Airlines. Southwest Airlines earned $2.67 in the second quarter, compared to $1.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.83 and a 52-week-low of $22.46. Southwest Airlines closed at $39.41 at the end of the last trading period.
  • Citigroup initiated coverage on Netstreit Corp NTST with a Neutral rating. The price target for Netstreit is set to $18.50. At the end of the last trading period, Netstreit closed at $18.32.
  • Wells Fargo initiated coverage on Roku Inc ROKU with an Overweight rating. The price target for Roku is set to $215.00. Roku earned $0.35 in the second quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $185.44 and a 52-week-low of $58.22. At the end of the last trading period, Roku closed at $159.91.
  • Morgan Stanley initiated coverage on United Airlines Holdings Inc UAL with an Underweight rating. The price target for United Airlines Holdings is set to $37.00. United Airlines Holdings earned $9.31 in the second quarter, compared to $4.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $95.16 and a 52-week-low of $17.80. United Airlines Holdings closed at $38.21 at the end of the last trading period.
Posted In: Aerospace & DefenseAirlinesIndustrialsInitiationstop upgradesPenny StocksUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings