Benzinga's Top Ratings Upgrades, Downgrades For August 2, 2021

Upgrades

For Consolidated Communications Holdings Inc CNSL, Citigroup upgraded the previous rating of Sell to Neutral. Consolidated Comms Hldgs earned $0.09 in the second quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.89 and a 52-week-low of $4.45. Consolidated Comms Hldgs closed at $7.69 at the end of the last trading period.
Barrington Research upgraded the previous rating for Dolby Laboratories Inc DLB from Market Perform to Outperform. For the third quarter, Dolby Laboratories had an EPS of $0.71, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $104.74 and a 52-week-low of $63.45. Dolby Laboratories closed at $97.10 at the end of the last trading period.
According to Citigroup, the prior rating for AllianceBernstein Holding LP AB was changed from Neutral to Buy. For the second quarter, AllianceBernstein Holding had an EPS of $0.91, compared to year-ago quarter EPS of $0.61. The stock has a 52-week-high of $48.83 and a 52-week-low of $26.33. At the end of the last trading period, AllianceBernstein Holding closed at $48.27.
Raymond James upgraded the previous rating for Encompass Health Corp EHC from Outperform to Strong Buy. For the second quarter, Encompass Health had an EPS of $1.17, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $89.68 and a 52-week-low of $60.44. At the end of the last trading period, Encompass Health closed at $83.25.
According to Stephens & Co., the prior rating for GreenSky Inc GSKY was changed from Underweight to Equal-Weight. For the second quarter, GreenSky had an EPS of $0.25, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $7.40 and a 52-week-low of $3.34. GreenSky closed at $6.57 at the end of the last trading period.
Deutsche Bank upgraded the previous rating for Bloomin Brands Inc BLMN from Hold to Buy. In the second quarter, Bloomin Brands showed an EPS of $0.81, compared to $0.74 from the year-ago quarter. The current stock performance of Bloomin Brands shows a 52-week-high of $32.81 and a 52-week-low of $10.34. Moreover, at the end of the last trading period, the closing price was at $25.13.
For Balchem Corp BCPC, HC Wainwright & Co. upgraded the previous rating of to Buy. For the second quarter, Balchem had an EPS of $0.93, compared to year-ago quarter EPS of $0.85. At the moment, the stock has a 52-week-high of $139.59 and a 52-week-low of $92.60. Balchem closed at $134.89 at the end of the last trading period.
For Capri Holdings Ltd CPRI, MKM Partners upgraded the previous rating of Neutral to Buy. For the first quarter, Capri Holdings had an EPS of $1.42, compared to year-ago quarter EPS of $1.04. At the moment, the stock has a 52-week-high of $59.60 and a 52-week-low of $13.80. Capri Holdings closed at $56.31 at the end of the last trading period.
According to Susquehanna, the prior rating for First Solar Inc FSLR was changed from Neutral to Positive. In the second quarter, First Solar showed an EPS of $0.77, compared to $0.39 from the year-ago quarter. The stock has a 52-week-high of $112.50 and a 52-week-low of $58.34. At the end of the last trading period, First Solar closed at $86.04.
Evercore ISI Group upgraded the previous rating for Veoneer Inc VNE from Underperform to In-Line. Veoneer earned $0.89 in the second quarter, compared to $0.80 in the year-ago quarter. The current stock performance of Veoneer shows a 52-week-high of $32.70 and a 52-week-low of $9.56. Moreover, at the end of the last trading period, the closing price was at $31.32.
For Infinity Pharmaceuticals Inc INFI, JP Morgan upgraded the previous rating of Neutral to Overweight. Infinity Pharmaceuticals earned $0.13 in the second quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Infinity Pharmaceuticals shows a 52-week-high of $5.98 and a 52-week-low of $0.82. Moreover, at the end of the last trading period, the closing price was at $2.12.
According to Raymond James, the prior rating for LKQ Corp LKQ was changed from Market Perform to Outperform. LKQ earned $1.13 in the second quarter, compared to $0.53 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.99 and a 52-week-low of $26.73. LKQ closed at $50.75 at the end of the last trading period.
Piper Sandler upgraded the previous rating for Avantor Inc AVTR from Neutral to Overweight. Avantor earned $0.35 in the second quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Avantor shows a 52-week-high of $38.04 and a 52-week-low of $20.27. Moreover, at the end of the last trading period, the closing price was at $37.58.

See all analyst ratings upgrades.

Downgrades

For Lufax Holding Ltd LU, Goldman Sachs downgraded the previous rating of Buy to Neutral. Interestingly, in the first quarter, Lufax Holding's EPS was $0.30. The current stock performance of Lufax Holding shows a 52-week-high of $19.56 and a 52-week-low of $7.05. Moreover, at the end of the last trading period, the closing price was at $7.50.
For Teladoc Health Inc TDOC, Argus Research downgraded the previous rating of Buy to Hold. Teladoc Health earned $0.86 in the second quarter, compared to $0.34 in the year-ago quarter. The current stock performance of Teladoc Health shows a 52-week-high of $308.00 and a 52-week-low of $129.74. Moreover, at the end of the last trading period, the closing price was at $148.45.
Deutsche Bank downgraded the previous rating for The Estee Lauder Companies Inc EL from Buy to Hold. Estee Lauder Cos earned $1.62 in the third quarter, compared to $0.86 in the year-ago quarter. At the moment, the stock has a 52-week-high of $336.56 and a 52-week-low of $187.75. Estee Lauder Cos closed at $333.83 at the end of the last trading period.
For Byline Bancorp Inc BY, Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. For the second quarter, Byline Bancorp had an EPS of $0.77, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $25.78 and a 52-week-low of $10.49. At the end of the last trading period, Byline Bancorp closed at $24.61.
For Balchem Corp BCPC, Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. For the second quarter, Balchem had an EPS of $0.93, compared to year-ago quarter EPS of $0.85. The current stock performance of Balchem shows a 52-week-high of $139.59 and a 52-week-low of $92.60. Moreover, at the end of the last trading period, the closing price was at $134.89.
Goldman Sachs downgraded the previous rating for Liberty Oilfield Services Inc LBRT from Buy to Neutral. For the second quarter, Liberty Oilfield Services had an EPS of $0.31, compared to year-ago quarter EPS of $0.55. The stock has a 52-week-high of $17.78 and a 52-week-low of $5.47. At the end of the last trading period, Liberty Oilfield Services closed at $10.19.
William Blair downgraded the previous rating for AptarGroup Inc ATR from Outperform to Market Perform. In the second quarter, AptarGroup showed an EPS of $0.91, compared to $0.80 from the year-ago quarter. At the moment, the stock has a 52-week-high of $158.97 and a 52-week-low of $110.34. AptarGroup closed at $128.92 at the end of the last trading period.
For ResMed Inc RMD, Needham downgraded the previous rating of Buy to Hold. ResMed earned $1.30 in the third quarter, compared to $1.29 in the year-ago quarter. The current stock performance of ResMed shows a 52-week-high of $272.75 and a 52-week-low of $165.72. Moreover, at the end of the last trading period, the closing price was at $271.80.
For Misonix Inc MSON, BTIG downgraded the previous rating of Buy to Neutral. For the third quarter, Misonix had an EPS of $0.22, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $26.86 and a 52-week-low of $11.04. Misonix closed at $26.54 at the end of the last trading period.
For Telephone and Data Systems Inc TDS, JP Morgan downgraded the previous rating of Neutral to Underweight. Telephone and Data earned $0.48 in the first quarter, compared to $0.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.51 and a 52-week-low of $16.38. Telephone and Data closed at $22.35 at the end of the last trading period.
Raymond James downgraded the previous rating for W.W. Grainger Inc GWW from Outperform to Market Perform. In the second quarter, W.W. Grainger showed an EPS of $4.27, compared to $3.75 from the year-ago quarter. The stock has a 52-week-high of $479.87 and a 52-week-low of $333.10. At the end of the last trading period, W.W. Grainger closed at $444.58.
According to Keybanc, the prior rating for SciPlay Corp SCPL was changed from Overweight to Sector Weight. SciPlay earned $0.21 in the first quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.74 and a 52-week-low of $11.76. SciPlay closed at $16.09 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Craig-Hallum initiated coverage on Forma Therapeutics Holdings Inc FMTX with a Buy rating. The price target for Forma Therapeutics Hldgs is set to $58.00. Interestingly, in the first quarter, Forma Therapeutics Hldgs's EPS was $0.76. At the moment, the stock has a 52-week-high of $56.33 and a 52-week-low of $21.10. Forma Therapeutics Hldgs closed at $22.89 at the end of the last trading period.
Macquarie initiated coverage on Rush Street Interactive Inc RSI with an Outperform rating. The price target for Rush Street Interactive is set to $21.00. In the first quarter, Rush Street Interactive earned $0.08. The stock has a 52-week-high of $26.55 and a 52-week-low of $9.47. At the end of the last trading period, Rush Street Interactive closed at $9.85.
With a Buy rating, Gordon Haskett initiated coverage on DoorDash Inc DASH. The price target seems to have been set at $206.00 for DoorDash. DoorDash earned $0.34 in the first quarter. The stock has a 52-week-high of $256.09 and a 52-week-low of $110.13. At the end of the last trading period, DoorDash closed at $174.29.
With a Buy rating, Gordon Haskett initiated coverage on Uber Technologies Inc UBER. The price target seems to have been set at $65.00 for Uber Technologies. In the first quarter, Uber Technologies showed an EPS of $0.06, compared to $0.64 from the year-ago quarter. The stock has a 52-week-high of $64.05 and a 52-week-low of $28.48. At the end of the last trading period, Uber Technologies closed at $43.46.
Gordon Haskett initiated coverage on Lyft Inc LYFT with a Hold rating. The price target for Lyft is set to $59.00. Lyft earned $0.35 in the first quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $68.28 and a 52-week-low of $21.34. Lyft closed at $55.32 at the end of the last trading period.
With a Neutral rating, Baird initiated coverage on Marketwise Inc MKTW. The price target seems to have been set at $16.00 for Marketwise. The stock has a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . At the end of the last trading period, Marketwise closed at $14.07.
With a Buy rating, Guggenheim initiated coverage on PMV Pharmaceuticals Inc PMVP. The price target seems to have been set at $56.00 for PMV Pharmaceuticals. Interestingly, in the first quarter, PMV Pharmaceuticals's EPS was $0.26. The stock has a 52-week-high of $63.22 and a 52-week-low of $26.38. At the end of the last trading period, PMV Pharmaceuticals closed at $34.01.
William Blair initiated coverage on Kura Sushi USA Inc KRUS with an Outperform rating. For the third quarter, Kura Sushi USA had an EPS of $0.54, compared to year-ago quarter EPS of $1.26. The stock has a 52-week-high of $56.98 and a 52-week-low of $10.00. At the end of the last trading period, Kura Sushi USA closed at $48.62.
With an Outperform rating, Evercore ISI Group initiated coverage on Magnolia Oil & Gas Corp MGY. The price target seems to have been set at $18.00 for Magnolia Oil & Gas. For the second quarter, Magnolia Oil & Gas had an EPS of No EPS Value , compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $16.38 and a 52-week-low of $4.09. At the end of the last trading period, Magnolia Oil & Gas closed at $14.00.
With a Buy rating, Stifel initiated coverage on Levi Strauss & Co LEVI. The price target seems to have been set at $38.00 for Levi Strauss. For the second quarter, Levi Strauss had an EPS of $0.23, compared to year-ago quarter EPS of $0.48. At the moment, the stock has a 52-week-high of $30.84 and a 52-week-low of $11.91. Levi Strauss closed at $27.52 at the end of the last trading period.
Credit Suisse initiated coverage on Cano Health Inc CANO with an Outperform rating. The price target for Cano Health is set to $18.00. The current stock performance of Cano Health shows a 52-week-high of $16.17 and a 52-week-low of $9.53. Moreover, at the end of the last trading period, the closing price was at $10.75.
Goldman Sachs initiated coverage on ChargePoint Holdings Inc CHPT with a Neutral rating. The price target for ChargePoint Holdings is set to $24.00. ChargePoint Holdings earned $0.17 in the first quarter. The current stock performance of ChargePoint Holdings shows a 52-week-high of $36.86 and a 52-week-low of $19.04. Moreover, at the end of the last trading period, the closing price was at $23.65.
With a Buy rating, B. Riley Securities initiated coverage on Byrna Technologies Inc BYRN. The price target seems to have been set at $31.00 for Byrna Technologies. Interestingly, in the second quarter, Byrna Technologies's EPS was $0.16. The current stock performance of Byrna Technologies shows a 52-week-high of $27.27 and a 52-week-low of $1.25. Moreover, at the end of the last trading period, the closing price was at $24.00.
Keybanc initiated coverage on Rapid7 Inc RPD with an Overweight rating. The price target for Rapid7 is set to $135.00. For the first quarter, Rapid7 had an EPS of $0.03, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $117.12 and a 52-week-low of $56.02. At the end of the last trading period, Rapid7 closed at $113.75.