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

Upgrades

  • According to Barclays, the prior rating for Howmet Aerospace Inc HWM was changed from Underweight to Overweight. For the second quarter, Howmet Aerospace had an EPS of $0.12, compared to year-ago quarter EPS of $0.58. At the moment, the stock has a 52-week-high of $18.99 and a 52-week-low of $9.87. Howmet Aerospace closed at $17.14 at the end of the last trading period.
  • According to Stephens & Co., the prior rating for Casey's General Stores Inc CASY was changed from Equal-Weight to Overweight. Casey's General Stores earned $3.24 in the first quarter, compared to $2.31 in the year-ago quarter. The current stock performance of Casey's General Stores shows a 52-week-high of $183.45 and a 52-week-low of $114.01. Moreover, at the end of the last trading period, the closing price was at $170.26.
  • Edward Jones upgraded the previous rating for Sysco Corp SYY from Hold to Buy. Sysco earned $0.29 in the fourth quarter, compared to $1.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $85.98 and a 52-week-low of $26.00. Sysco closed at $61.43 at the end of the last trading period.
  • Wells Fargo upgraded the previous rating for Park Hotels & Resorts Inc PK from Underweight to Equal-Weight. Park Hotels & Resorts earned $0.75 in the second quarter, compared to $0.81 in the year-ago quarter. The current stock performance of Park Hotels & Resorts shows a 52-week-high of $27.03 and a 52-week-low of $3.99. Moreover, at the end of the last trading period, the closing price was at $10.48.
  • For Rio Tinto PLC RIO, Citigroup upgraded the previous rating of Neutral to the current rating Buy. The stock has a 52-week-high of $65.20 and a 52-week-low of $35.35. At the end of the last trading period, Rio Tinto closed at $61.93.
  • According to Goldman Sachs, the prior rating for Sanderson Farms Inc SAFM was changed from Neutral to Buy. In the third quarter, Sanderson Farms showed an EPS of $1.48, compared to $2.41 from the year-ago quarter. The stock has a 52-week-high of $179.45 and a 52-week-low of $102.13. At the end of the last trading period, Sanderson Farms closed at $121.62.
  • For Trillium Therapeutics Inc TRIL, HC Wainwright & Co. upgraded the previous rating of Neutral to the current rating Buy. Trillium Therapeutics earned $0.63 in the second quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $14.15 and a 52-week-low of $0.24. At the end of the last trading period, Trillium Therapeutics closed at $13.59.
  • For Spotify Technology SA SPOT, Credit Suisse upgraded the previous rating of Neutral to the current rating Outperform. For the second quarter, Spotify Technology had an EPS of $2.10, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $299.67 and a 52-week-low of $109.18. At the end of the last trading period, Spotify Technology closed at $245.32.
  • According to Jefferies, the prior rating for Charles River Laboratories International Inc CRL was changed from Hold to Buy. Charles River earned $1.58 in the second quarter, compared to $1.63 in the year-ago quarter. The current stock performance of Charles River shows a 52-week-high of $221.97 and a 52-week-low of $95.58. Moreover, at the end of the last trading period, the closing price was at $209.88.
  • Raymond James upgraded the previous rating for Casey's General Stores Inc CASY from Market Perform to Outperform. In the first quarter, Casey's General Stores showed an EPS of $3.24, compared to $2.31 from the year-ago quarter. The stock has a 52-week-high of $183.45 and a 52-week-low of $114.01. At the end of the last trading period, Casey's General Stores closed at $170.26.
  • KeyBanc upgraded the previous rating for Fortune Brands Home & Security Inc FBHS from Sector Weight to Overweight. For the second quarter, Fortune Brands Home had an EPS of $0.94, compared to year-ago quarter EPS of $1.03. The current stock performance of Fortune Brands Home shows a 52-week-high of $86.80 and a 52-week-low of $33.90. Moreover, at the end of the last trading period, the closing price was at $82.57.
  • For Computer Programs and Systems Inc CPSI, KeyBanc upgraded the previous rating of Underweight to the current rating Sector Weight. In the second quarter, CPSI showed an EPS of $0.39, compared to $0.50 from the year-ago quarter. The stock has a 52-week-high of $35.78 and a 52-week-low of $16.93. At the end of the last trading period, CPSI closed at $29.12.

 

Downgrades

  • According to Mizuho, the prior rating for Southern Co SO was changed from Neutral to Underperform. In the second quarter, Southern showed an EPS of $0.78, compared to $0.80 from the year-ago quarter. The current stock performance of Southern shows a 52-week-high of $71.10 and a 52-week-low of $41.96. Moreover, at the end of the last trading period, the closing price was at $52.87.

 

Initiations

  • Rosenblatt initiated coverage on Penn National Gaming Inc PENN with a Buy rating. The price target for Penn National Gaming is set to $80.00. For the second quarter, Penn National Gaming had an EPS of $1.69, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $59.10 and a 52-week-low of $3.75. Penn National Gaming closed at $58.15 at the end of the last trading period.
  • With a current rating of Overweight, Morgan Stanley initiated coverage on Axsome Therapeutics Inc AXSM. The price target seems to have been set at $102.00 for Axsome Therapeutics. For the second quarter, Axsome Therapeutics had an EPS of $0.49, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $109.94 and a 52-week-low of $13.64. Axsome Therapeutics closed at $72.39 at the end of the last trading period.
  • With a current rating of Outperform, Cowen & Co. initiated coverage on DermTech Inc DMTK. The price target seems to have been set at $20.00 for DermTech. For the second quarter, DermTech had an EPS of $0.58, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $16.95 and a 52-week-low of $4.52. DermTech closed at $10.65 at the end of the last trading period.
  • Canaccord Genuity initiated coverage on Lincoln Educational Services Corp LINC with a Buy rating. The price target for Lincoln Educational Servs is set to $12.00. For the second quarter, Lincoln Educational Servs had an EPS of $0.02, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $8.99 and a 52-week-low of $1.60. At the end of the last trading period, Lincoln Educational Servs closed at $6.85.
  • With a current rating of Buy, HC Wainwright & Co. initiated coverage on Medicenna Therapeutics Corp MDNA. The price target seems to have been set at $8.00 for Medicenna Therapeutics. The current stock performance of Medicenna Therapeutics shows a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . Moreover, at the end of the last trading period, the closing price was at $3.92.
  • With a current rating of Buy, MKM Partners initiated coverage on Exxon Mobil Corp XOM. The price target seems to have been set at $55.00 for Exxon Mobil. For the second quarter, Exxon Mobil had an EPS of $0.70, compared to year-ago quarter EPS of $0.73. At the moment, the stock has a 52-week-high of $75.18 and a 52-week-low of $30.11. Exxon Mobil closed at $37.96 at the end of the last trading period.
  • Wedbush initiated coverage on Rocket Companies Inc RKT with a Neutral rating. The price target for Rocket Companies is set to $24.00. Rocket Companies earned $1.44 in the second quarter. At the moment, the stock has a 52-week-high of $34.42 and a 52-week-low of $18.31. Rocket Companies closed at $23.40 at the end of the last trading period.
  • With a current rating of Buy, HC Wainwright & Co. initiated coverage on Yield10 Bioscience Inc YTEN. The price target seems to have been set at $25.00 for Yield10 Bioscience. For the second quarter, Yield10 Bioscience had an EPS of $0.75, compared to year-ago quarter EPS of $0.15. The current stock performance of Yield10 Bioscience shows a 52-week-high of $14.69 and a 52-week-low of $0.11. Moreover, at the end of the last trading period, the closing price was at $4.35.
  • With a current rating of Overweight, KeyBanc initiated coverage on Sherwin-Williams Co SHW. The price target seems to have been set at $805.00 for Sherwin-Williams. Sherwin-Williams earned $7.10 in the second quarter, compared to $6.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $699.81 and a 52-week-low of $325.43. Sherwin-Williams closed at $695.17 at the end of the last trading period.
Posted In: Consumer DiscretionaryEducation ServicesInitiationstop upgradesPenny StocksUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings