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

Upgrades

Stephens & Co. upgraded the previous rating for Roku Inc ROKU from Equal-Weight to Overweight. In the second quarter, Roku showed an EPS of $0.52, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $490.76 and a 52-week-low of $143.21. At the end of the last trading period, Roku closed at $420.32.
For Fox Corp FOXA, Guggenheim upgraded the previous rating of Neutral to Buy. Fox earned $0.65 in the fourth quarter, compared to $0.62 in the year-ago quarter. The stock has a 52-week-high of $44.80 and a 52-week-low of $24.18. At the end of the last trading period, Fox closed at $34.91.
For Cross Country Healthcare Inc CCRN, Benchmark upgraded the previous rating of Hold to Buy. Cross Country Healthcare earned $0.47 in the second quarter, compared to $0.16 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.90 and a 52-week-low of $5.71. Cross Country Healthcare closed at $16.44 at the end of the last trading period.
Seaport Global upgraded the previous rating for O-I Glass Inc OI from Neutral to Buy. For the second quarter, O-I Glass had an EPS of $0.54, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $19.46 and a 52-week-low of $9.10. At the end of the last trading period, O-I Glass closed at $14.73.
JMP Securities upgraded the previous rating for KKR & Co Inc KKR from Market Perform to Market Outperform. KKR & Co earned $1.05 in the second quarter, compared to $0.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $66.24 and a 52-week-low of $32.73. KKR & Co closed at $66.03 at the end of the last trading period.
B of A Securities upgraded the previous rating for Eastman Chemical Co EMN from Neutral to Buy. In the second quarter, Eastman Chemical showed an EPS of $2.46, compared to $0.85 from the year-ago quarter. At the moment, the stock has a 52-week-high of $130.47 and a 52-week-low of $69.64. Eastman Chemical closed at $109.02 at the end of the last trading period.
According to Citigroup, the prior rating for Wynn Resorts Ltd WYNN was changed from Neutral to Buy. For the second quarter, Wynn Resorts had an EPS of $1.12, compared to year-ago quarter EPS of $6.14. At the moment, the stock has a 52-week-high of $143.88 and a 52-week-low of $67.70. Wynn Resorts closed at $91.09 at the end of the last trading period.
Citigroup upgraded the previous rating for e.l.f. Beauty Inc ELF from Neutral to Buy. In the first quarter, e.l.f. Beauty showed an EPS of $0.27, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $31.29 and a 52-week-low of $17.32. e.l.f. Beauty closed at $28.05 at the end of the last trading period.
According to Wells Fargo, the prior rating for Walmart Inc WMT was changed from Equal-Weight to Overweight. For the first quarter, Walmart had an EPS of $1.69, compared to year-ago quarter EPS of $1.18. The stock has a 52-week-high of $153.66 and a 52-week-low of $126.28. At the end of the last trading period, Walmart closed at $142.84.
For Eli Lilly and Co LLY, DZ Bank upgraded the previous rating of Hold to Buy. Eli Lilly earned $1.87 in the second quarter, compared to $1.89 in the year-ago quarter. The stock has a 52-week-high of $270.65 and a 52-week-low of $129.21. At the end of the last trading period, Eli Lilly closed at $262.47.
For Etsy Inc ETSY, Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. Etsy earned $0.68 in the second quarter, compared to $0.75 in the year-ago quarter. The current stock performance of Etsy shows a 52-week-high of $251.86 and a 52-week-low of $103.06. Moreover, at the end of the last trading period, the closing price was at $202.10.
According to JP Morgan, the prior rating for Sarepta Therapeutics Inc SRPT was changed from Underweight to Neutral. Sarepta Therapeutics earned $1.52 in the second quarter, compared to $1.51 in the year-ago quarter. The stock has a 52-week-high of $181.83 and a 52-week-low of $65.30. At the end of the last trading period, Sarepta Therapeutics closed at $67.50.
Evercore ISI Group upgraded the previous rating for Editas Medicine Inc EDIT from Underperform to Outperform. In the second quarter, Editas Medicine showed an EPS of $0.81, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $99.95 and a 52-week-low of $27.01. At the end of the last trading period, Editas Medicine closed at $46.05.
RBC Capital upgraded the previous rating for Rayonier Advanced Materials Inc RYAM from Sector Perform to Outperform. Rayonier Adv Materials earned $0.14 in the second quarter, compared to $0.20 in the year-ago quarter. The current stock performance of Rayonier Adv Materials shows a 52-week-high of $11.30 and a 52-week-low of $2.82. Moreover, at the end of the last trading period, the closing price was at $6.69.
JP Morgan upgraded the previous rating for Avis Budget Group Inc CAR from Neutral to Overweight. In the second quarter, Avis Budget Gr showed an EPS of $5.90, compared to $5.60 from the year-ago quarter. The stock has a 52-week-high of $95.10 and a 52-week-low of $25.14. At the end of the last trading period, Avis Budget Gr closed at $74.95.

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Downgrades

For Fastly Inc FSLY, DA Davidson downgraded the previous rating of Buy to Neutral. In the second quarter, Fastly showed an EPS of $0.15, compared to $0.02 from the year-ago quarter. The stock has a 52-week-high of $136.50 and a 52-week-low of $39.47. At the end of the last trading period, Fastly closed at $44.54.
According to Jefferies, the prior rating for SkyWater Technology Inc SKYT was changed from Buy to Hold. SkyWater Technology earned $0.15 in the second quarter. The current stock performance of SkyWater Technology shows a 52-week-high of $34.43 and a 52-week-low of $14.25. Moreover, at the end of the last trading period, the closing price was at $20.24.
Rosenblatt downgraded the previous rating for GoDaddy Inc GDDY from Buy to Neutral. For the second quarter, GoDaddy had an EPS of $0.27, compared to year-ago quarter EPS of $0.25. The current stock performance of GoDaddy shows a 52-week-high of $93.75 and a 52-week-low of $68.66. Moreover, at the end of the last trading period, the closing price was at $83.50.
For Maxar Technologies Inc MAXR, Canaccord Genuity downgraded the previous rating of Buy to Hold. Maxar Technologies earned $0.60 in the second quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $58.75 and a 52-week-low of $19.09. At the end of the last trading period, Maxar Technologies closed at $34.00.
For Nevro Corp NVRO, Canaccord Genuity downgraded the previous rating of Buy to Hold. For the second quarter, Nevro had an EPS of $0.62, compared to year-ago quarter EPS of $1.21. The stock has a 52-week-high of $188.14 and a 52-week-low of $128.70. At the end of the last trading period, Nevro closed at $147.88.
Oppenheimer downgraded the previous rating for AtriCure Inc ATRC from Outperform to Perform. AtriCure earned $0.30 in the second quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $85.37 and a 52-week-low of $34.04. At the end of the last trading period, AtriCure closed at $81.88.
According to Needham, the prior rating for Advanced Energy Industries Inc AEIS was changed from Buy to Hold. For the second quarter, Advanced Energy Indus had an EPS of $1.25, compared to year-ago quarter EPS of $1.18. The current stock performance of Advanced Energy Indus shows a 52-week-high of $125.55 and a 52-week-low of $57.04. Moreover, at the end of the last trading period, the closing price was at $90.37.
Roth Capital downgraded the previous rating for Etsy Inc ETSY from Buy to Neutral. In the second quarter, Etsy showed an EPS of $0.68, compared to $0.75 from the year-ago quarter. The current stock performance of Etsy shows a 52-week-high of $251.86 and a 52-week-low of $103.06. Moreover, at the end of the last trading period, the closing price was at $202.10.
According to Wells Fargo, the prior rating for Nevro Corp NVRO was changed from Overweight to Equal-Weight. Nevro earned $0.62 in the second quarter, compared to $1.21 in the year-ago quarter. The stock has a 52-week-high of $188.14 and a 52-week-low of $128.70. At the end of the last trading period, Nevro closed at $147.88.
According to Citigroup, the prior rating for Nevro Corp NVRO was changed from Buy to Neutral. For the second quarter, Nevro had an EPS of $0.62, compared to year-ago quarter EPS of $1.21. The current stock performance of Nevro shows a 52-week-high of $188.14 and a 52-week-low of $128.70. Moreover, at the end of the last trading period, the closing price was at $147.88.
B of A Securities downgraded the previous rating for Venator Materials PLC VNTR from Buy to Neutral. In the second quarter, Venator Materials showed an EPS of $0.00, compared to $0.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.85 and a 52-week-low of $1.75. Venator Materials closed at $3.14 at the end of the last trading period.
According to B of A Securities, the prior rating for Amedisys Inc AMED was changed from Buy to Neutral. In the second quarter, Amedisys showed an EPS of $1.69, compared to $1.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $325.12 and a 52-week-low of $216.20. Amedisys closed at $256.27 at the end of the last trading period.
According to Piper Sandler, the prior rating for GoDaddy Inc GDDY was changed from Overweight to Neutral. In the second quarter, GoDaddy showed an EPS of $0.27, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $93.75 and a 52-week-low of $68.66. At the end of the last trading period, GoDaddy closed at $83.50.
Baird downgraded the previous rating for Medallia Inc MDLA from Outperform to Neutral. For the first quarter, Medallia had an EPS of $0.08, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $48.28 and a 52-week-low of $23.58. At the end of the last trading period, Medallia closed at $33.68.
Piper Sandler downgraded the previous rating for Nevro Corp NVRO from Overweight to Neutral. Nevro earned $0.62 in the second quarter, compared to $1.21 in the year-ago quarter. The current stock performance of Nevro shows a 52-week-high of $188.14 and a 52-week-low of $128.70. Moreover, at the end of the last trading period, the closing price was at $147.88.
According to William Blair, the prior rating for Fastly Inc FSLY was changed from Outperform to Market Perform. For the second quarter, Fastly had an EPS of $0.15, compared to year-ago quarter EPS of $0.02. At the moment, the stock has a 52-week-high of $136.50 and a 52-week-low of $39.47. Fastly closed at $44.54 at the end of the last trading period.
For Inogen Inc INGN, Keybanc downgraded the previous rating of Overweight to Sector Weight. For the second quarter, Inogen had an EPS of $0.22, compared to year-ago quarter EPS of $0.12. The current stock performance of Inogen shows a 52-week-high of $82.35 and a 52-week-low of $26.57. Moreover, at the end of the last trading period, the closing price was at $82.26.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, Citigroup initiated coverage on Owlet Inc OWLT. The price target seems to have been set at $11.00 for Owlet. Moreover, at the end of the last trading period, the closing price was at $9.04.
Citigroup initiated coverage on Markforged Holding Corp MKFG with a Neutral rating. The price target for Markforged Holding is set to $12.00. Markforged Holding closed at $10.22 at the end of the last trading period.
With a Buy rating, HC Wainwright & Co. initiated coverage on Mind Medicine Inc MNMD. The price target seems to have been set at $10.00 for Mind Medicine. In the first quarter, Mind Medicine earned $0.04. The stock has a 52-week-high of $5.77 and a 52-week-low of $2.85. At the end of the last trading period, Mind Medicine closed at $2.92.
For Ping Identity Holding Corp PING, Needham initiated coverage, by setting the current rating at Hold. For the second quarter, Ping Identity Holding had an EPS of $0.11, compared to year-ago quarter EPS of $0.08. The current stock performance of Ping Identity Holding shows a 52-week-high of $37.80 and a 52-week-low of $19.97. Moreover, at the end of the last trading period, the closing price was at $22.36.
With a Buy rating, Loop Capital initiated coverage on Horizon Acquisition Corp HZAC. The price target seems to have been set at $12.00 for Horizon Acquisition. The stock has a 52-week-high of $11.34 and a 52-week-low of $9.29. At the end of the last trading period, Horizon Acquisition closed at $9.91.
With a Buy rating, Dawson James initiated coverage on Crown ElectroKinetics Corp CRKN. The price target seems to have been set at $8.50 for Crown ElectroKinetics. Crown ElectroKinetics earned $0.34 in the fourth quarter. The stock has a 52-week-high of $6.09 and a 52-week-low of $0.51. At the end of the last trading period, Crown ElectroKinetics closed at $3.33.
With a Buy rating, Dawson James initiated coverage on Oblong Inc OBLG. The price target seems to have been set at $15.00 for Oblong. In the first quarter, Oblong showed an EPS of $0.23, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $12.25 and a 52-week-low of $1.78. At the end of the last trading period, Oblong closed at $2.61.
With a Buy rating, Dawson James initiated coverage on Smith Micro Software Inc SMSI. The price target seems to have been set at $11.10 for Smith Micro Software. Smith Micro Software earned $0.01 in the second quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.05 and a 52-week-low of $3.50. Smith Micro Software closed at $5.00 at the end of the last trading period.
For Coinbase Global Inc COIN, Redburn Partners initiated coverage, by setting the current rating at Buy. In the first quarter, Coinbase Global earned $3.05. The stock has a 52-week-high of $429.54 and a 52-week-low of $208.00. At the end of the last trading period, Coinbase Global closed at $244.36.
With a Buy rating, Jefferies initiated coverage on Victoria's Secret & Co VSCO. The price target seems to have been set at $78.00 for Victoria's Secret.