Benzinga's Top Ratings Upgrades, Downgrades For August 11, 2021

Upgrades

According to Barclays, the prior rating for Albertsons Companies Inc ACI was changed from Underweight to Equal-Weight. For the first quarter, Albertsons Companies had an EPS of $0.89, compared to year-ago quarter EPS of $1.35. At the moment, the stock has a 52-week-high of $29.09 and a 52-week-low of $12.91. Albertsons Companies closed at $29.05 at the end of the last trading period.
According to Citigroup, the prior rating for Gildan Activewear Inc GIL was changed from Neutral to Buy. In the second quarter, Gildan Activewear showed an EPS of $0.68, compared to $0.99 from the year-ago quarter. At the moment, the stock has a 52-week-high of $38.50 and a 52-week-low of $18.30. Gildan Activewear closed at $37.60 at the end of the last trading period.
For The Carlyle Group Inc CG, CIBC upgraded the previous rating of Underperform to Neutral. In the second quarter, Carlyle Group showed an EPS of $0.88, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $51.55 and a 52-week-low of $23.48. At the end of the last trading period, Carlyle Group closed at $47.20.
For BioNTech SE BNTX, Bryan Garnier upgraded the previous rating of Neutral to Buy. BioNTech earned $12.97 in the second quarter, compared to $0.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $464.00 and a 52-week-low of $54.10. BioNTech closed at $416.50 at the end of the last trading period.
RBC Capital upgraded the previous rating for Pason Systems Inc PSYTF from Sector Perform to Outperform. The current stock performance of Pason Systems shows a 52-week-high of $8.21 and a 52-week-low of $3.65. Moreover, at the end of the last trading period, the closing price was at $6.27.
According to Baird, the prior rating for Bath & Body Works Inc BBWI was changed from Neutral to Outperform. Bath & Body Works closed at $62.51 at the end of the last trading period.
HC Wainwright & Co. upgraded the previous rating for DHT Holdings Inc DHT from Neutral to Buy. In the second quarter, DHT Holdings showed an EPS of $0.07, compared to $0.81 from the year-ago quarter. The current stock performance of DHT Holdings shows a 52-week-high of $6.84 and a 52-week-low of $4.52. Moreover, at the end of the last trading period, the closing price was at $5.44.
According to Deutsche Bank, the prior rating for Blackstone Inc BX was changed from Hold to Buy. In the second quarter, Blackstone showed an EPS of $0.82, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $117.65 and a 52-week-low of $49.26. At the end of the last trading period, Blackstone closed at $113.82.
Deutsche Bank upgraded the previous rating for KKR & Co Inc KKR from Hold to Buy. In the second quarter, KKR & Co showed an EPS of $1.05, compared to $0.39 from the year-ago quarter. The current stock performance of KKR & Co shows a 52-week-high of $67.81 and a 52-week-low of $32.73. Moreover, at the end of the last trading period, the closing price was at $65.80.
According to Deutsche Bank, the prior rating for The Carlyle Group Inc CG was changed from Hold to Buy. In the second quarter, Carlyle Group showed an EPS of $0.88, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.55 and a 52-week-low of $23.48. Carlyle Group closed at $47.20 at the end of the last trading period.
For Olo Inc OLO, Stifel upgraded the previous rating of Hold to Buy. Interestingly, in the second quarter, Olo's EPS was $0.03. The current stock performance of Olo shows a 52-week-high of $44.89 and a 52-week-low of $22.88. Moreover, at the end of the last trading period, the closing price was at $37.40.
According to Citigroup, the prior rating for Upstart Holdings Inc UPST was changed from Neutral to Buy. Interestingly, in the second quarter, Upstart Holdings's EPS was $0.62. The current stock performance of Upstart Holdings shows a 52-week-high of $191.89 and a 52-week-low of $22.61. Moreover, at the end of the last trading period, the closing price was at $135.68.
UBS upgraded the previous rating for Splunk Inc SPLK from Neutral to Buy. Splunk earned $0.91 in the first quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $225.89 and a 52-week-low of $110.28. At the end of the last trading period, Splunk closed at $141.31.
According to Morgan Stanley, the prior rating for Lufax Holding Ltd LU was changed from Equal-Weight to Overweight. Lufax Holding earned $0.29 in the second quarter. The current stock performance of Lufax Holding shows a 52-week-high of $19.56 and a 52-week-low of $6.95. Moreover, at the end of the last trading period, the closing price was at $7.96.
Stifel upgraded the previous rating for DHT Holdings Inc DHT from Hold to Buy. DHT Holdings earned $0.07 in the second quarter, compared to $0.81 in the year-ago quarter. The stock has a 52-week-high of $6.84 and a 52-week-low of $4.52. At the end of the last trading period, DHT Holdings closed at $5.44.

See all analyst ratings upgrades.

Downgrades

For HyreCar Inc HYRE, Ladenburg Thalmann downgraded the previous rating of Buy to Neutral. HyreCar earned $0.36 in the second quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $24.21 and a 52-week-low of $2.95. HyreCar closed at $19.12 at the end of the last trading period.
For Absolute Software Corp ABST, TD Securities downgraded the previous rating of Buy to Hold. Absolute Software earned $0.06 in the fourth quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.20 and a 52-week-low of $9.36. Absolute Software closed at $13.60 at the end of the last trading period.
For Golden Nugget Online Gaming Inc GNOG, Benchmark downgraded the previous rating of Buy to Hold. In the first quarter, Golden Nugget Online earned $1.01. The current stock performance of Golden Nugget Online shows a 52-week-high of $25.57 and a 52-week-low of $10.10. Moreover, at the end of the last trading period, the closing price was at $18.81.
According to JP Morgan, the prior rating for Talis Biomedical Corp TLIS was changed from Overweight to Neutral. In the second quarter, Talis Biomedical earned $2.51. At the moment, the stock has a 52-week-high of $33.90 and a 52-week-low of $8.95. Talis Biomedical closed at $8.97 at the end of the last trading period.
Morgan Stanley downgraded the previous rating for Imara Inc IMRA from Overweight to Equal-Weight. In the second quarter, Imara showed an EPS of $0.74, compared to $0.59 from the year-ago quarter. The stock has a 52-week-high of $36.00 and a 52-week-low of $5.20. At the end of the last trading period, Imara closed at $5.71.
According to Morgan Stanley, the prior rating for Virgin Galactic Holdings Inc SPCE was changed from Equal-Weight to Underweight. Virgin Galactic Hldgs earned $0.39 in the second quarter, compared to $0.30 in the year-ago quarter. At the moment, the stock has a 52-week-high of $62.80 and a 52-week-low of $14.27. Virgin Galactic Hldgs closed at $31.33 at the end of the last trading period.
According to Morgan Stanley, the prior rating for L3Harris Technologies Inc LHX was changed from Overweight to Equal-Weight. In the second quarter, L3Harris Technologies showed an EPS of $3.26, compared to $2.83 from the year-ago quarter. At the moment, the stock has a 52-week-high of $232.99 and a 52-week-low of $158.09. L3Harris Technologies closed at $232.62 at the end of the last trading period.
According to Jefferies, the prior rating for WW International Inc WW was changed from Buy to Hold. For the second quarter, WW International had an EPS of $0.48, compared to year-ago quarter EPS of $0.20. The stock has a 52-week-high of $41.13 and a 52-week-low of $17.75. At the end of the last trading period, WW International closed at $32.29.
According to Canaccord Genuity, the prior rating for ON24 Inc ONTF was changed from Buy to Hold. ON24 earned $0.04 in the second quarter. The stock has a 52-week-high of $81.98 and a 52-week-low of $31.03. At the end of the last trading period, ON24 closed at $32.31.
For Grocery Outlet Holding Corp GO, MKM Partners downgraded the previous rating of Buy to Neutral. In the second quarter, Grocery Outlet Holding showed an EPS of $0.23, compared to $0.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $48.87 and a 52-week-low of $30.71. Grocery Outlet Holding closed at $30.93 at the end of the last trading period.
For Dicerna Pharmaceuticals Inc DRNA, Goldman Sachs downgraded the previous rating of Buy to Neutral. In the second quarter, Dicerna Pharmaceuticals showed an EPS of $0.53, compared to $0.43 from the year-ago quarter. The current stock performance of Dicerna Pharmaceuticals shows a 52-week-high of $40.14 and a 52-week-low of $16.50. Moreover, at the end of the last trading period, the closing price was at $22.19.
For Arcturus Therapeutics Holdings Inc ARCT, Goldman Sachs downgraded the previous rating of Neutral to Sell. For the second quarter, Arcturus Therapeutics had an EPS of $2.07, compared to year-ago quarter EPS of $0.55. At the moment, the stock has a 52-week-high of $129.71 and a 52-week-low of $24.87. Arcturus Therapeutics closed at $50.58 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Wells Fargo initiated coverage on GXO Logistics Inc GXO with an Overweight rating. The price target for GXO Logistics is set to $78.00. At the end of the last trading period, GXO Logistics closed at $65.95.
Redburn Partners initiated coverage on Delta Air Lines Inc DAL with a Neutral rating. In the second quarter, Delta Air Lines showed an EPS of $1.07, compared to $4.43 from the year-ago quarter. The stock has a 52-week-high of $52.28 and a 52-week-low of $27.02. At the end of the last trading period, Delta Air Lines closed at $40.46.
Cowen & Co. initiated coverage on AFC Gamma Inc AFCG with an Outperform rating. The price target for AFC Gamma is set to $27.00. In the second quarter, AFC Gamma showed an EPS of $0.43, compared to $0.87 from the year-ago quarter. The stock has a 52-week-high of $25.05 and a 52-week-low of $19.75. At the end of the last trading period, AFC Gamma closed at $20.20.
Loop Capital initiated coverage on JOANN Inc JOAN with a Buy rating. The price target for JOANN is set to $20.00. Interestingly, in the first quarter, JOANN's EPS was $0.46. At the moment, the stock has a 52-week-high of $17.50 and a 52-week-low of $9.75. JOANN closed at $14.93 at the end of the last trading period.
With a Buy rating, DA Davidson initiated coverage on Electric Last Mile Solutions Inc ELMS. The price target seems to have been set at $14.00 for Electric Last Mile Solns. The stock has a 52-week-high of $12.00 and a 52-week-low of $8.04. At the end of the last trading period, Electric Last Mile Solns closed at $8.80.
DA Davidson initiated coverage on The Shyft Group Inc SHYF with a Buy rating. The price target for Shyft Group is set to $50.00. For the second quarter, Shyft Group had an EPS of $0.53, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $43.75 and a 52-week-low of $17.29. Shyft Group closed at $41.98 at the end of the last trading period.
With a Buy rating, DA Davidson initiated coverage on Lightning eMotors Inc ZEV. The price target seems to have been set at $17.00 for Lightning eMotors. Lightning eMotors earned $5.64 in the first quarter, compared to $1.10 in the year-ago quarter. The current stock performance of Lightning eMotors shows a 52-week-high of $12.10 and a 52-week-low of $5.84. Moreover, at the end of the last trading period, the closing price was at $11.60.
With a Neutral rating, DA Davidson initiated coverage on Workhorse Group Inc WKHS. The price target seems to have been set at $10.00 for Workhorse Group. In the second quarter, Workhorse Group showed an EPS of $0.35, compared to $1.76 from the year-ago quarter. At the moment, the stock has a 52-week-high of $42.96 and a 52-week-low of $7.07. Workhorse Group closed at $10.27 at the end of the last trading period.
With a Neutral rating, DA Davidson initiated coverage on Nikola Corp NKLA. The price target seems to have been set at $10.00 for Nikola. Nikola earned $0.20 in the second quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $54.56 and a 52-week-low of $9.37. At the end of the last trading period, Nikola closed at $10.40.