Benzinga's Top Upgrades, Downgrades For September 17, 2020

Upgrades

  • Goldman Sachs upgraded the previous rating for Mercury Systems Inc MRCY from Neutral to Buy. For the fourth quarter, Mercury Systems had an EPS of $0.72, compared to year-ago quarter EPS of $0.47. The current stock performance of Mercury Systems shows a 52-week-high of $96.29 and a 52-week-low of $52.24. Moreover, at the end of the last trading period, the closing price was at $69.55.
  • Susquehanna upgraded the previous rating for Lennar Corp LEN from Neutral to Positive. For the third quarter, Lennar had an EPS of $2.12, compared to year-ago quarter EPS of $1.59. The current stock performance of Lennar shows a 52-week-high of $80.00 and a 52-week-low of $25.42. Moreover, at the end of the last trading period, the closing price was at $78.92.
  • According to Truist Securities, the prior rating for The Hain Celestial Group Inc HAIN was changed from Hold to Buy. In the fourth quarter, Hain Celestial Group showed an EPS of $0.32, compared to $0.21 from the year-ago quarter. The current stock performance of Hain Celestial Group shows a 52-week-high of $35.40 and a 52-week-low of $18.12. Moreover, at the end of the last trading period, the closing price was at $34.40.
  • According to Truist Securities, the prior rating for Whiting Petroleum Corp WLL was changed from Hold to Buy. Whiting Petroleum earned $6.28 in the second quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $28.00 and a 52-week-low of $0.25. At the end of the last trading period, Whiting Petroleum closed at $20.47.
  • Rosenblatt upgraded the previous rating for A.O. Smith Corp AOS from Neutral to Buy. For the second quarter, A.O. Smith had an EPS of $0.45, compared to year-ago quarter EPS of $0.61. The current stock performance of A.O. Smith shows a 52-week-high of $53.72 and a 52-week-low of $33.80. Moreover, at the end of the last trading period, the closing price was at $51.76.
  • For Bausch Health Companies Inc BHC, B of A Securities upgraded the previous rating of Underperform to the current rating Neutral. In the second quarter, Bausch Health Cos showed an EPS of $0.46, compared to $1.07 from the year-ago quarter. The stock has a 52-week-high of $31.97 and a 52-week-low of $11.15. At the end of the last trading period, Bausch Health Cos closed at $16.86.
  • According to Needham, the prior rating for Stitch Fix Inc SFIX was changed from Hold to Buy. In the third quarter, Stitch Fix showed an EPS of $0.33, compared to $0.07 from the year-ago quarter. The current stock performance of Stitch Fix shows a 52-week-high of $30.44 and a 52-week-low of $10.90. Moreover, at the end of the last trading period, the closing price was at $28.26.
  • According to DZ Bank, the prior rating for Adobe Inc ADBE was changed from Hold to Buy. In the third quarter, Adobe showed an EPS of $2.57, compared to $2.05 from the year-ago quarter. The current stock performance of Adobe shows a 52-week-high of $536.88 and a 52-week-low of $255.13. Moreover, at the end of the last trading period, the closing price was at $476.00.
  • For ZoomInfo Technologies Inc ZI, JP Morgan upgraded the previous rating of Neutral to the current rating Overweight. ZoomInfo Technologies earned $0.07 in the second quarter. At the moment, the stock has a 52-week-high of $64.40 and a 52-week-low of $30.83. ZoomInfo Technologies closed at $31.11 at the end of the last trading period.

 

Downgrades

  • For NovoCure Ltd NVCR, Truist Securities downgraded the previous rating of Buy to the current rating Hold. NovoCure earned $0.02 in the second quarter, compared to $0.01 in the year-ago quarter. The stock has a 52-week-high of $109.95 and a 52-week-low of $53.40. At the end of the last trading period, NovoCure closed at $107.25.
  • According to Goldman Sachs, the prior rating for General Dynamics Corp GD was changed from Buy to Sell. General Dynamics earned $2.18 in the second quarter, compared to $2.77 in the year-ago quarter. At the moment, the stock has a 52-week-high of $192.58 and a 52-week-low of $100.55. General Dynamics closed at $146.78 at the end of the last trading period.
  • According to HSBC, the prior rating for CF Industries Holdings Inc CF was changed from Buy to Hold. CF Industries Holdings earned $0.89 in the second quarter, compared to $1.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.30 and a 52-week-low of $19.73. CF Industries Holdings closed at $33.34 at the end of the last trading period.

 

Initiations

  • With a current rating of Buy, UBS initiated coverage on Sealed Air Corp SEE. The price target seems to have been set at $52.00 for Sealed Air. Sealed Air earned $0.76 in the second quarter, compared to $0.80 in the year-ago quarter. The current stock performance of Sealed Air shows a 52-week-high of $42.74 and a 52-week-low of $17.06. Moreover, at the end of the last trading period, the closing price was at $38.83.
  • UBS initiated coverage on Sonoco Products Co SON with a Neutral rating. Sonoco Products earned $0.79 in the second quarter, compared to $0.95 in the year-ago quarter. The stock has a 52-week-high of $62.77 and a 52-week-low of $37.30. At the end of the last trading period, Sonoco Products closed at $53.50.
  • Piper Sandler initiated coverage on First Republic Bank FRC with a Neutral rating. The price target for First Republic Bank is set to $115.00. In the second quarter, First Republic Bank showed an EPS of $1.40, compared to $1.24 from the year-ago quarter. The stock has a 52-week-high of $125.12 and a 52-week-low of $70.06. At the end of the last trading period, First Republic Bank closed at $108.38.
  • JMP Securities initiated coverage on Spectrum Pharmaceuticals Inc SPPI with an Outperform rating. The price target for Spectrum Pharmaceuticals is set to $12.00. For the second quarter, Spectrum Pharmaceuticals had an EPS of $0.28, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $10.57 and a 52-week-low of $1.74. At the end of the last trading period, Spectrum Pharmaceuticals closed at $4.18.
  • With a current rating of Overweight, Barclays initiated coverage on Veeco Instruments Inc VECO. The price target seems to have been set at $15.00 for Veeco Instruments. Veeco Instruments earned $0.11 in the second quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $19.21 and a 52-week-low of $7.42. Veeco Instruments closed at $12.13 at the end of the last trading period.
  • With a current rating of Buy, Canaccord Genuity initiated coverage on Universal Technical Institute Inc UTI. The price target seems to have been set at $12.00 for Universal Technical. Universal Technical earned $0.38 in the third quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.76 and a 52-week-low of $2.75. Universal Technical closed at $6.61 at the end of the last trading period.
  • With a current rating of Buy, Truist Securities initiated coverage on Griffon Corp GFF. The price target seems to have been set at $29.00 for Griffon. In the third quarter, Griffon showed an EPS of $0.59, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $27.53 and a 52-week-low of $9.15. At the end of the last trading period, Griffon closed at $19.08.
  • With a current rating of Buy, UBS initiated coverage on FMC Corp FMC. The price target seems to have been set at $127.00 for FMC. FMC earned $1.72 in the second quarter, compared to $1.66 in the year-ago quarter. At the moment, the stock has a 52-week-high of $112.62 and a 52-week-low of $56.77. FMC closed at $110.74 at the end of the last trading period.
  • SVB Leerink initiated coverage on Natera Inc NTRA with an Outperform rating. The price target for Natera is set to $75.00. Natera earned $0.75 in the second quarter, compared to $0.48 in the year-ago quarter. The current stock performance of Natera shows a 52-week-high of $66.93 and a 52-week-low of $16.87. Moreover, at the end of the last trading period, the closing price was at $61.15.
  • HC Wainwright & Co. initiated coverage on ReneSola Ltd SOL with a Buy rating. The price target for ReneSola is set to $4.00. For the second quarter, ReneSola had an EPS of $0.08, compared to year-ago quarter EPS of $0.01. The current stock performance of ReneSola shows a 52-week-high of $2.98 and a 52-week-low of $0.85. Moreover, at the end of the last trading period, the closing price was at $1.57.
  • With a current rating of Buy, Stifel initiated coverage on Huntsman Corp HUN. The price target seems to have been set at $29.00 for Huntsman. Huntsman earned $0.14 in the second quarter, compared to $0.63 in the year-ago quarter. At the moment, the stock has a 52-week-high of $24.90 and a 52-week-low of $12.23. Huntsman closed at $22.84 at the end of the last trading period.
  • Piper Sandler initiated coverage on CVS Health Corp CVS with an Overweight rating. The price target for CVS Health is set to $72.00. For the second quarter, CVS Health had an EPS of $2.64, compared to year-ago quarter EPS of $1.89. The stock has a 52-week-high of $77.03 and a 52-week-low of $52.04. At the end of the last trading period, CVS Health closed at $57.47.
  • With a current rating of Buy, Compass Point initiated coverage on Fiserv Inc FISV. The price target seems to have been set at $130.00 for Fiserv. In the second quarter, Fiserv showed an EPS of $0.93, compared to $0.82 from the year-ago quarter. The current stock performance of Fiserv shows a 52-week-high of $125.05 and a 52-week-low of $73.50. Moreover, at the end of the last trading period, the closing price was at $102.26.
  • With a current rating of Buy, Compass Point initiated coverage on Global Payments Inc GPN. The price target seems to have been set at $220.00 for Global Payments. In the second quarter, Global Payments showed an EPS of $1.31, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $209.62 and a 52-week-low of $105.54. At the end of the last trading period, Global Payments closed at $175.91.
  • Compass Point initiated coverage on Fidelity National Information Services Inc FIS with a Neutral rating. The price target for Fidelity National Info is set to $155.00. In the second quarter, Fidelity National Info showed an EPS of $1.15, compared to $1.78 from the year-ago quarter. At the moment, the stock has a 52-week-high of $158.21 and a 52-week-low of $91.68. Fidelity National Info closed at $148.71 at the end of the last trading period.
  • With a current rating of Buy, MKM Partners initiated coverage on Revolve Group Inc RVLV. The price target seems to have been set at $24.00 for Revolve Group. For the second quarter, Revolve Group had an EPS of $0.20, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $26.69 and a 52-week-low of $7.17. Revolve Group closed at $17.97 at the end of the last trading period.
  • MKM Partners initiated coverage on Stitch Fix Inc SFIX with a Neutral rating. The price target for Stitch Fix is set to $25.00. Stitch Fix earned $0.33 in the third quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.44 and a 52-week-low of $10.90. Stitch Fix closed at $28.26 at the end of the last trading period.
  • With a current rating of Buy, Truist Securities initiated coverage on Boston Scientific Corp BSX. The price target seems to have been set at $47.00 for Boston Scientific. For the second quarter, Boston Scientific had an EPS of $0.08, compared to year-ago quarter EPS of $0.39. At the moment, the stock has a 52-week-high of $46.62 and a 52-week-low of $24.10. Boston Scientific closed at $40.18 at the end of the last trading period.
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