Benzinga's Top Ratings Upgrades, Downgrades For May 13, 2021

Upgrades

• According to B of A Securities, the prior rating for Funko Inc FNKO was changed from Underperform to Buy. For the first quarter, Funko had an EPS of $0.24, compared to year-ago quarter EPS of $0.04. The current stock performance of Funko shows a 52-week-high of $25.52 and a 52-week-low of $3.90. Moreover, at the end of the last trading period, the closing price was at $21.20.
• For Q2 Holdings Inc QTWO, DA Davidson upgraded the previous rating of Neutral to Buy. For the first quarter, Q2 Holdings had an EPS of $0.10, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $148.56 and a 52-week-low of $75.67. At the end of the last trading period, Q2 Holdings closed at $90.78.
• DA Davidson upgraded the previous rating for Cornerstone Building Brands Inc CNR from Neutral to Buy. Cornerstone Building earned $0.03 in the first quarter, compared to $1.20 in the year-ago quarter. The stock has a 52-week-high of $15.64 and a 52-week-low of $3.60. At the end of the last trading period, Cornerstone Building closed at $13.50.
• Wells Fargo upgraded the previous rating for Genesis Energy LP GEL from Underweight to Equal-Weight. Genesis Energy earned $0.43 in the first quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $12.08 and a 52-week-low of $3.78. At the end of the last trading period, Genesis Energy closed at $9.54.
• For Energy Transfer LP ET, Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. In the first quarter, Energy Transfer showed an EPS of $1.21, compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of $10.04 and a 52-week-low of $4.98. At the end of the last trading period, Energy Transfer closed at $9.57.
• RBC Capital upgraded the previous rating for Points International Ltd PCOM from Sector Perform to Outperform. For the first quarter, Points International had an EPS of $0.08, compared to year-ago quarter EPS of $0.08. The current stock performance of Points International shows a 52-week-high of $16.46 and a 52-week-low of $6.89. Moreover, at the end of the last trading period, the closing price was at $15.83.
• JP Morgan upgraded the previous rating for Atara Biotherapeutics Inc ATRA from Neutral to Overweight. Atara Biotherapeutics earned $0.86 in the first quarter, compared to $1.20 in the year-ago quarter. The stock has a 52-week-high of $28.20 and a 52-week-low of $8.90. At the end of the last trading period, Atara Biotherapeutics closed at $13.83.
• According to JP Morgan, the prior rating for BJ's Wholesale Club Holdings Inc BJ was changed from Neutral to Overweight. For the fourth quarter, BJ's Wholesale Club had an EPS of $0.70, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of $50.18 and a 52-week-low of $28.02. At the end of the last trading period, BJ's Wholesale Club closed at $43.55.
• For Albemarle Corp ALB, RBC Capital upgraded the previous rating of Underperform to Sector Perform. Albemarle earned $1.10 in the first quarter, compared to $1.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $188.35 and a 52-week-low of $56.17. Albemarle closed at $154.63 at the end of the last trading period.
• For GrafTech International Ltd EAF, RBC Capital upgraded the previous rating of Sector Perform to Outperform. GrafTech International earned $0.37 in the first quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $13.88 and a 52-week-low of $5.56. At the end of the last trading period, GrafTech International closed at $12.62.
• For Ventas Inc VTR, Baird upgraded the previous rating of Neutral to Outperform. For the first quarter, Ventas had an EPS of $0.72, compared to year-ago quarter EPS of $0.97. The stock has a 52-week-high of $58.10 and a 52-week-low of $25.38. At the end of the last trading period, Ventas closed at $52.22.
• Oppenheimer upgraded the previous rating for Lowe's Companies Inc LOW from Perform to Outperform. In the fourth quarter, Lowe's Companies showed an EPS of $1.33, compared to $0.94 from the year-ago quarter. The stock has a 52-week-high of $215.22 and a 52-week-low of $106.20. At the end of the last trading period, Lowe's Companies closed at $195.34.
• Evercore ISI Group upgraded the previous rating for Pure Storage Inc PSTG from In-Line to Outperform. For the fourth quarter, Pure Storage had an EPS of $0.13, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $29.53 and a 52-week-low of $13.39. At the end of the last trading period, Pure Storage closed at $17.02.
• Wolfe Research upgraded the previous rating for Infinera Corp INFN from Underperform to Peer Perform. Infinera earned $0.03 in the first quarter, compared to $0.27 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.51 and a 52-week-low of $3.98. Infinera closed at $8.42 at the end of the last trading period.
• For Coupang Inc CPNG, Deutsche Bank upgraded the previous rating of Hold to Buy. Interestingly, in the first quarter, Coupang's EPS was $0.68. The current stock performance of Coupang shows a 52-week-high of $69.00 and a 52-week-low of $34.97. Moreover, at the end of the last trading period, the closing price was at $35.29.
• According to Credit Suisse, the prior rating for Array Technologies Inc ARRY was changed from Neutral to Outperform. Array Technologies earned $0.19 in the first quarter. At the moment, the stock has a 52-week-high of $54.78 and a 52-week-low of $13.22. Array Technologies closed at $13.46 at the end of the last trading period.
• According to Keybanc, the prior rating for Ventas Inc VTR was changed from Underweight to Overweight. In the first quarter, Ventas showed an EPS of $0.72, compared to $0.97 from the year-ago quarter. The current stock performance of Ventas shows a 52-week-high of $58.10 and a 52-week-low of $25.38. Moreover, at the end of the last trading period, the closing price was at $52.22.
• According to Keybanc, the prior rating for Pioneer Natural Resources Co PXD was changed from Sector Weight to Overweight. In the first quarter, Pioneer Natural Resources showed an EPS of $1.77, compared to $1.15 from the year-ago quarter. The current stock performance of Pioneer Natural Resources shows a 52-week-high of $175.37 and a 52-week-low of $76.48. Moreover, at the end of the last trading period, the closing price was at $156.28.

See all analyst ratings upgrades.

Downgrades

• For Kinder Morgan Inc KMI, Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. For the first quarter, Kinder Morgan had an EPS of $0.60, compared to year-ago quarter EPS of $0.24. The current stock performance of Kinder Morgan shows a 52-week-high of $18.48 and a 52-week-low of $11.45. Moreover, at the end of the last trading period, the closing price was at $18.10.
• According to UBS, the prior rating for Athene Holding Ltd ATH was changed from Buy to Neutral. In the first quarter, Athene Holding showed an EPS of $3.80, compared to $0.60 from the year-ago quarter. The current stock performance of Athene Holding shows a 52-week-high of $63.36 and a 52-week-low of $21.51. Moreover, at the end of the last trading period, the closing price was at $60.35.
• According to Wells Fargo, the prior rating for Equitrans Midstream Corp ETRN was changed from Equal-Weight to Underweight. For the first quarter, Equitrans Midstream had an EPS of $0.19, compared to year-ago quarter EPS of $0.46. At the moment, the stock has a 52-week-high of $11.66 and a 52-week-low of $6.23. Equitrans Midstream closed at $8.03 at the end of the last trading period.
• Cantor Fitzgerald downgraded the previous rating for Soliton Inc SOLY from Overweight to Neutral. In the first quarter, Soliton showed an EPS of $0.25, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $22.55 and a 52-week-low of $5.69. At the end of the last trading period, Soliton closed at $22.39.
• For Holly Energy Partners LP HEP, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. In the first quarter, Holly Energy Partners showed an EPS of $0.48, compared to $0.48 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.85 and a 52-week-low of $10.48. Holly Energy Partners closed at $20.73 at the end of the last trading period.
• Wells Fargo downgraded the previous rating for DCP Midstream LP DCP from Overweight to Equal-Weight. DCP Midstream earned $0.19 in the first quarter, compared to $0.87 in the year-ago quarter. The current stock performance of DCP Midstream shows a 52-week-high of $26.97 and a 52-week-low of $6.90. Moreover, at the end of the last trading period, the closing price was at $24.85.
• SVB Leerink downgraded the previous rating for Graybug Vision Inc GRAY from Outperform to Market Perform. In the first quarter, Graybug Vision earned $0.54. The stock has a 52-week-high of $37.88 and a 52-week-low of $3.95. At the end of the last trading period, Graybug Vision closed at $4.11.
• For Lumentum Holdings Inc LITE, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Lumentum Holdings had an EPS of $1.40, compared to year-ago quarter EPS of $1.26. The current stock performance of Lumentum Holdings shows a 52-week-high of $112.08 and a 52-week-low of $66.33. Moreover, at the end of the last trading period, the closing price was at $68.24.
• For Deere & Co DE, BMO Capital downgraded the previous rating of Outperform to Market Perform. In the first quarter, Deere showed an EPS of $3.87, compared to $1.63 from the year-ago quarter. The current stock performance of Deere shows a 52-week-high of $400.34 and a 52-week-low of $117.85. Moreover, at the end of the last trading period, the closing price was at $374.12.
• Gordon Haskett downgraded the previous rating for ITT Inc ITT from Buy to Hold. In the first quarter, ITT showed an EPS of $1.06, compared to $0.80 from the year-ago quarter. The current stock performance of ITT shows a 52-week-high of $101.32 and a 52-week-low of $44.21. Moreover, at the end of the last trading period, the closing price was at $93.61.
• Needham downgraded the previous rating for Graybug Vision Inc GRAY from Buy to Hold. In the first quarter, Graybug Vision earned $0.54. The current stock performance of Graybug Vision shows a 52-week-high of $37.88 and a 52-week-low of $3.95. Moreover, at the end of the last trading period, the closing price was at $4.11.

See all analyst ratings downgrades.

Initiations

• With a Buy rating, Aegis Capital initiated coverage on Greenland Technologies Holding Corp GTEC. The price target seems to have been set at $14.00 for Greenland Technologies. In the first quarter, Greenland Technologies earned $0.21. The stock has a 52-week-high of $26.42 and a 52-week-low of $1.70. At the end of the last trading period, Greenland Technologies closed at $6.96.
• Wells Fargo initiated coverage on Science Applications International Corp SAIC with a Equal-Weight rating. The price target for Science Applications Intl is set to $95.00. In the fourth quarter, Science Applications Intl showed an EPS of $1.67, compared to $1.58 from the year-ago quarter. The current stock performance of Science Applications Intl shows a 52-week-high of $103.95 and a 52-week-low of $68.76. Moreover, at the end of the last trading period, the closing price was at $87.44.
• Ladenburg Thalmann initiated coverage on 4d pharma PLC LBPS with a Buy rating. The price target for 4d pharma is set to $35.00. The stock has a 52-week-high of $14.58 and a 52-week-low of $10.20. At the end of the last trading period, 4d pharma closed at $10.55.
• With a Hold rating, Berenberg initiated coverage on UiPath Inc PATH. The price target seems to have been set at $64.00 for UiPath. UiPath earned $0.04 in the second quarter, compared to $0.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $83.40 and a 52-week-low of $61.50. UiPath closed at $71.76 at the end of the last trading period.
• With a Buy rating, Rosenblatt initiated coverage on Microsoft Corp MSFT. The price target seems to have been set at $301.00 for Microsoft. For the third quarter, Microsoft had an EPS of $1.95, compared to year-ago quarter EPS of $1.40. The stock has a 52-week-high of $263.19 and a 52-week-low of $175.68. At the end of the last trading period, Microsoft closed at $239.00.
• With an Overweight rating, Wells Fargo initiated coverage on Booz Allen Hamilton Holding Corp BAH. The price target seems to have been set at $96.00 for Booz Allen Hamilton. In the third quarter, Booz Allen Hamilton showed an EPS of $1.04, compared to $0.80 from the year-ago quarter. At the moment, the stock has a 52-week-high of $100.26 and a 52-week-low of $68.34. Booz Allen Hamilton closed at $80.63 at the end of the last trading period.
• With an Overweight rating, Wells Fargo initiated coverage on CACI International Inc CACI. The price target seems to have been set at $311.00 for CACI International. In the third quarter, CACI International showed an EPS of $4.78, compared to $3.16 from the year-ago quarter. The stock has a 52-week-high of $266.31 and a 52-week-low of $190.16. At the end of the last trading period, CACI International closed at $254.24.
• Wells Fargo initiated coverage on General Dynamics Corp GD with an Overweight rating. The price target for General Dynamics is set to $216.00. In the first quarter, General Dynamics showed an EPS of $2.48, compared to $2.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $197.51 and a 52-week-low of $129.11. General Dynamics closed at $186.69 at the end of the last trading period.
• With an Overweight rating, Wells Fargo initiated coverage on Howmet Aerospace Inc HWM. The price target seems to have been set at $39.00 for Howmet Aerospace. In the first quarter, Howmet Aerospace showed an EPS of $0.22, compared to $0.62 from the year-ago quarter. The current stock performance of Howmet Aerospace shows a 52-week-high of $33.89 and a 52-week-low of $9.87. Moreover, at the end of the last trading period, the closing price was at $31.92.
• With a Equal-Weight rating, Wells Fargo initiated coverage on L3Harris Technologies Inc LHX. The price target seems to have been set at $225.00 for L3Harris Technologies. L3Harris Technologies earned $3.18 in the first quarter, compared to $2.80 in the year-ago quarter. The current stock performance of L3Harris Technologies shows a 52-week-high of $221.49 and a 52-week-low of $158.09. Moreover, at the end of the last trading period, the closing price was at $210.92.
• Wells Fargo initiated coverage on Leidos Holdings Inc LDOS with an Overweight rating. The price target for Leidos Holdings is set to $120.00. Leidos Holdings earned $1.73 in the first quarter, compared to $1.19 in the year-ago quarter. The stock has a 52-week-high of $113.75 and a 52-week-low of $79.15. At the end of the last trading period, Leidos Holdings closed at $101.61.
• Wells Fargo initiated coverage on Lockheed Martin Corp LMT with a Equal-Weight rating. The price target for Lockheed Martin is set to $384.00. In the first quarter, Lockheed Martin showed an EPS of $6.56, compared to $6.08 from the year-ago quarter. The stock has a 52-week-high of $417.62 and a 52-week-low of $319.81. At the end of the last trading period, Lockheed Martin closed at $380.28.
• With a Equal-Weight rating, Wells Fargo initiated coverage on Mantech International Corp MANT. The price target seems to have been set at $83.00 for Mantech Intl. Mantech Intl earned $0.88 in the first quarter, compared to $0.81 in the year-ago quarter. The stock has a 52-week-high of $101.35 and a 52-week-low of $61.91. At the end of the last trading period, Mantech Intl closed at $83.02.
• Wells Fargo initiated coverage on Northrop Grumman Corp NOC with an Underweight rating. The price target for Northrop Grumman is set to $330.00. In the first quarter, Northrop Grumman showed an EPS of $6.57, compared to $5.15 from the year-ago quarter. The stock has a 52-week-high of $378.61 and a 52-week-low of $282.88. At the end of the last trading period, Northrop Grumman closed at $363.08.
• With a Equal-Weight rating, Wells Fargo initiated coverage on Raytheon Technologies Corp RTX. The price target seems to have been set at $87.00 for Raytheon Technologies. For the first quarter, Raytheon Technologies had an EPS of $0.90, compared to year-ago quarter EPS of $1.78. The stock has a 52-week-high of $87.04 and a 52-week-low of $51.13. At the end of the last trading period, Raytheon Technologies closed at $82.22.
• With a Equal-Weight rating, Wells Fargo initiated coverage on Boeing Co BA. The price target seems to have been set at $244.00 for Boeing. Boeing earned $1.53 in the first quarter, compared to $1.70 in the year-ago quarter. The current stock performance of Boeing shows a 52-week-high of $278.57 and a 52-week-low of $113.89. Moreover, at the end of the last trading period, the closing price was at $220.63.
• With an Overweight rating, Wells Fargo initiated coverage on TransDigm Group Inc TDG. The price target seems to have been set at $718.00 for TransDigm Gr. TransDigm Gr earned $2.58 in the second quarter, compared to $5.10 in the year-ago quarter. The stock has a 52-week-high of $633.04 and a 52-week-low of $303.51. At the end of the last trading period, TransDigm Gr closed at $580.25.
• Goldman Sachs initiated coverage on Schlumberger Ltd SLB with a Buy rating. The price target for Schlumberger is set to $38.00. Schlumberger earned $0.21 in the first quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $32.87 and a 52-week-low of $13.70. At the end of the last trading period, Schlumberger closed at $32.08.
• With a Buy rating, Goldman Sachs initiated coverage on Baker Hughes Co BKR. The price target seems to have been set at $29.00 for Baker Hughes. For the first quarter, Baker Hughes had an EPS of $0.12, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $25.64 and a 52-week-low of $12.13. Baker Hughes closed at $23.96 at the end of the last trading period.
• MKM Partners initiated coverage on Cisco Systems Inc CSCO with a Buy rating. The price target for Cisco Systems is set to $61.00. For the second quarter, Cisco Systems had an EPS of $0.79, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $54.14 and a 52-week-low of $35.28. At the end of the last trading period, Cisco Systems closed at $51.60.
• With an Outperform rating, Macquarie initiated coverage on Lufax Holding Ltd LU. The price target seems to have been set at $16.00 for Lufax Holding. Lufax Holding earned $0.30 in the first quarter. The stock has a 52-week-high of $19.56 and a 52-week-low of $9.85. At the end of the last trading period, Lufax Holding closed at $10.83.
• With a Buy rating, Canaccord Genuity initiated coverage on Chicken Soup for the Soul Entertainment Inc CSSE. The price target seems to have been set at $50.00 for Chicken Soup for the Soul. The stock has a 52-week-high of $37.50 and a 52-week-low of $6.45. At the end of the last trading period, Chicken Soup for the Soul closed at $33.99.
• With a Neutral rating, Compass Point initiated coverage on Coinbase Global Inc COIN. The price target seems to have been set at $325.00 for Coinbase Global. The stock has a 52-week-high of $429.54 and a 52-week-low of $250.51. At the end of the last trading period, Coinbase Global closed at $283.61.

See all analyst ratings initiations.