Benzinga's Top Ratings Upgrades, Downgrades For May 5, 2021

Upgrades

Atlantic Equities upgraded the previous rating for Under Armour Inc UAA from Underweight to Neutral. Under Armour earned $0.16 in the first quarter. The current stock performance of Under Armour shows a 52-week-high of $24.75 and a 52-week-low of $7.15. Moreover, at the end of the last trading period, the closing price was at $23.91.
Stifel upgraded the previous rating for Nova Measuring Instruments Ltd NVMI from Hold to Buy. Nova Measuring earned $0.55 in the fourth quarter, compared to $0.51 in the year-ago quarter. At the moment, the stock has a 52-week-high of $99.79 and a 52-week-low of $35.66. Nova Measuring closed at $89.62 at the end of the last trading period.
For XPO Logistics Inc XPO, Vertical Research upgraded the previous rating of Hold to Buy. For the first quarter, XPO Logistics had an EPS of $1.46, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $142.70 and a 52-week-low of $60.75. At the end of the last trading period, XPO Logistics closed at $141.52.
For Community Health Systems Inc CYH, Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, Community Health Systems had an EPS of $0.36, compared to year-ago quarter EPS of $1.59. At the moment, the stock has a 52-week-high of $14.39 and a 52-week-low of $2.46. Community Health Systems closed at $12.49 at the end of the last trading period.

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Downgrades

According to Stephens & Co., the prior rating for Investors Bancorp Inc ISBC was changed from Overweight to Equal-Weight. Investors Bancorp earned $0.31 in the first quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.71 and a 52-week-low of $6.74. Investors Bancorp closed at $15.03 at the end of the last trading period.
For Ingredion Inc INGR, Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. Ingredion earned $1.85 in the first quarter, compared to $1.59 in the year-ago quarter. The current stock performance of Ingredion shows a 52-week-high of $95.00 and a 52-week-low of $68.71. Moreover, at the end of the last trading period, the closing price was at $93.68.
Argus Research downgraded the previous rating for Emergent BioSolutions Inc EBS from Buy to Hold. In the first quarter, Emergent BioSolutions showed an EPS of $1.53, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $137.61 and a 52-week-low of $58.83. At the end of the last trading period, Emergent BioSolutions closed at $59.06.
Argus Research downgraded the previous rating for Altria Group Inc MO from Buy to Hold. Altria Group earned $1.07 in the first quarter, compared to $1.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.59 and a 52-week-low of $35.02. Altria Group closed at $47.83 at the end of the last trading period.
According to Canaccord Genuity, the prior rating for Mercury Systems Inc MRCY was changed from Buy to Hold. Mercury Systems earned $0.64 in the third quarter, compared to $0.60 in the year-ago quarter. The stock has a 52-week-high of $92.98 and a 52-week-low of $59.88. At the end of the last trading period, Mercury Systems closed at $70.21.
B. Riley FBR downgraded the previous rating for Intrusion Inc INTZ from Buy to Neutral. In the first quarter, Intrusion earned $0.22. At the moment, the stock has a 52-week-high of $29.90 and a 52-week-low of $3.07. Intrusion closed at $14.40 at the end of the last trading period.
Roth Capital downgraded the previous rating for Ballard Power Systems Inc BLDP from Buy to Neutral. Ballard Power Systems earned $0.06 in the first quarter. The stock has a 52-week-high of $42.28 and a 52-week-low of $8.87. At the end of the last trading period, Ballard Power Systems closed at $16.26.
Craig-Hallum downgraded the previous rating for Bottomline Technologies Inc EPAY from Buy to Hold. Bottomline Technologies earned $0.27 in the third quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $55.62 and a 52-week-low of $38.03. At the end of the last trading period, Bottomline Technologies closed at $46.34.
For Ferrari NV RACE, Societe Generale downgraded the previous rating of Buy to Hold. In the first quarter, Ferrari showed an EPS of $1.34, compared to $0.99 from the year-ago quarter. The stock has a 52-week-high of $233.66 and a 52-week-low of $150.97. At the end of the last trading period, Ferrari closed at $203.01.
For The Kraft Heinz Co KHC, DZ Bank downgraded the previous rating of Buy to Hold. For the first quarter, Kraft Heinz had an EPS of $0.72, compared to year-ago quarter EPS of $0.58. The stock has a 52-week-high of $42.48 and a 52-week-low of $28.12. At the end of the last trading period, Kraft Heinz closed at $42.36.
According to CIBC, the prior rating for Thomson Reuters Corp TRI was changed from Outperformer to Neutral. Interestingly, in the first quarter, Thomson Reuters's EPS was $0.58. At the moment, the stock has a 52-week-high of $99.14 and a 52-week-low of $64.47. Thomson Reuters closed at $96.73 at the end of the last trading period.
According to Stifel, the prior rating for Esperion Therapeutics Inc ESPR was changed from Buy to Hold. For the first quarter, Esperion Therapeutics had an EPS of $3.50, compared to year-ago quarter EPS of $2.84. The current stock performance of Esperion Therapeutics shows a 52-week-high of $53.73 and a 52-week-low of $23.90. Moreover, at the end of the last trading period, the closing price was at $25.59.

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Initiations

Barclays initiated coverage on Ouster Inc OUST with an Overweight rating. The price target for Ouster is set to $14.00. At the moment, the stock has a 52-week-high of $12.10 and a 52-week-low of $7.55. Ouster closed at $10.72 at the end of the last trading period.
With a Buy rating, China Renaissance initiated coverage on Smart Share Global Ltd EM. The price target seems to have been set at $13.40 for Smart Share Global. The current stock performance of Smart Share Global shows a 52-week-high of $10.00 and a 52-week-low of $7.05. Moreover, at the end of the last trading period, the closing price was at $7.34.
B. Riley FBR initiated coverage on VSE Corp VSEC with a Buy rating. The price target for VSE is set to $61.00. VSE earned $0.44 in the first quarter, compared to $0.89 in the year-ago quarter. The stock has a 52-week-high of $48.03 and a 52-week-low of $17.44. At the end of the last trading period, VSE closed at $43.67.
With a Neutral rating, JP Morgan initiated coverage on The AZEK Co Inc AZEK. The price target seems to have been set at $53.00 for AZEK Co. In the first quarter, AZEK Co earned $0.15. The stock has a 52-week-high of $50.89 and a 52-week-low of $30.88. At the end of the last trading period, AZEK Co closed at $49.74.
JP Morgan initiated coverage on Trex Co Inc TREX with a Neutral rating. The price target for Trex Co is set to $109.00. In the fourth quarter, Trex Co showed an EPS of $0.37, compared to $0.61 from the year-ago quarter. The current stock performance of Trex Co shows a 52-week-high of $313.26 and a 52-week-low of $63.32. Moreover, at the end of the last trading period, the closing price was at $108.05.
BTIG initiated coverage on Mereo BioPharma Group PLC MREO with a Buy rating. The price target for Mereo BioPharma Group is set to $10.00. At the moment, the stock has a 52-week-high of $4.71 and a 52-week-low of $1.13. Mereo BioPharma Group closed at $3.49 at the end of the last trading period.
Roth Capital initiated coverage on Carriage Services Inc CSV with a Buy rating. The price target for Carriage Servs is set to $48.00. Carriage Servs earned $0.81 in the first quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $38.99 and a 52-week-low of $13.84. At the end of the last trading period, Carriage Servs closed at $37.60.
Baird initiated coverage on Ouster Inc OUST with an Outperform rating. The price target for Ouster is set to $16.00. The current stock performance of Ouster shows a 52-week-high of $12.10 and a 52-week-low of $7.55. Moreover, at the end of the last trading period, the closing price was at $10.72.
With an Outperform rating, Baird initiated coverage on NVIDIA Corp NVDA. The price target seems to have been set at $800.00 for NVIDIA. In the fourth quarter, NVIDIA showed an EPS of $3.10, compared to $1.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $648.57 and a 52-week-low of $280.88. NVIDIA closed at $574.05 at the end of the last trading period.
Exane BNP Paribas initiated coverage on Coca-Cola European Partners PLC CCEP with a Neutral rating. The price target for Coca-Cola European is set to $58.00. The stock has a 52-week-high of $57.38 and a 52-week-low of $34.02. At the end of the last trading period, Coca-Cola European closed at $55.75.
With an Outperform rating, CICC initiated coverage on LexinFintech Holdings Ltd LX. The price target seems to have been set at $12.80 for LexinFintech Holdings. LexinFintech Holdings earned $0.45 in the fourth quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.42 and a 52-week-low of $6.04. LexinFintech Holdings closed at $8.38 at the end of the last trading period.
HC Wainwright & Co. initiated coverage on Diginex Ltd EQOS with a Buy rating. The price target for Diginex is set to $12.00. At the moment, the stock has a 52-week-high of $22.95 and a 52-week-low of $5.11. Diginex closed at $5.63 at the end of the last trading period.
HC Wainwright & Co. initiated coverage on ITeos Therapeutics Inc ITOS with a Buy rating. The price target for ITeos Therapeutics is set to $37.00. Interestingly, in the fourth quarter, ITeos Therapeutics's EPS was $0.43. At the moment, the stock has a 52-week-high of $47.61 and a 52-week-low of $17.50. ITeos Therapeutics closed at $23.03 at the end of the last trading period.