Benzinga's Top Upgrades, Downgrades For July 25, 2019

Upgrades

• For Ameren Corp AEE, Argus Research upgraded the previous rating of Hold to the current rating Buy. For the first quarter, Ameren had an EPS of $0.78, compared to year-ago quarter EPS of $0.62. The total market value of Ameren's outstanding shares is at $18.7 B. The current stock performance of Ameren shows a 52-week-high of $77.77 and a 52-week-low of $59.94. Moreover, at the end of the last trading period, the closing price was at $76.43.
• According to Bank of America, the prior rating for Activision Blizzard Inc ATVI was changed from Neutral to Buy. Activision Blizzard earned $0.31 in the first quarter, compared to $0.38 in the year-ago quarter. The total market value of Activision Blizzard's outstanding shares is at $35.8 B. At the moment, the stock has a 52-week-high of $84.68 and a 52-week-low of $39.85. Activision Blizzard closed at $46.86 at the end of the last trading period.
• For GrafTech International Ltd EAF, Citigroup upgraded the previous rating of Sell to the current rating Neutral. GrafTech International earned $0.68 in the first quarter. The current market cap for GrafTech International is at $3.3 B. At the moment, the stock has a 52-week-high of $24.36 and a 52-week-low of $9.60. GrafTech International closed at $11.43 at the end of the last trading period.
• For Etsy Inc ETSY, BTIG Research upgraded the previous rating of Neutral to the current rating Buy. For the first quarter, Etsy had an EPS of $0.24, compared to year-ago quarter EPS of $0.10. The total market value of Etsy's outstanding shares is at $8.1 B. The current stock performance of Etsy shows a 52-week-high of $73.34 and a 52-week-low of $38.02. Moreover, at the end of the last trading period, the closing price was at $68.05.
• RBC Capital upgraded the previous rating for Freeport-McMoRan Inc FCX from Underperform to Sector Perform. In the second quarter, Freeport-McMoRan showed an EPS of ($0.04), compared to $0.58 from the year-ago quarter. Freeport-McMoRan's market cap stands at $17.3 B. The stock has a 52-week-high of $16.62 and a 52-week-low of $9.47. At the end of the last trading period, Freeport-McMoRan closed at $11.93.
• According to Susquehanna, the prior rating for Knowles Corp KN was changed from Neutral to Positive. In the second quarter, Knowles showed an EPS of $0.22, compared to $0.18 from the year-ago quarter. The current market cap for Knowles is at $1.6 B. The stock has a 52-week-high of $19.43 and a 52-week-low of $12.20. At the end of the last trading period, Knowles closed at $18.21.
• For LeMaitre Vascular Inc LMAT, First Analysis upgraded the previous rating of Neutral to the current rating Outperform. LeMaitre Vascular earned $0.23 in the second quarter, compared to $0.43 in the year-ago quarter. The total market value of LeMaitre Vascular's outstanding shares is at $657.0 M. At the moment, the stock has a 52-week-high of $38.99 and a 52-week-low of $21.79. LeMaitre Vascular closed at $33.40 at the end of the last trading period.
• Wells Fargo upgraded the previous rating for Dorian LPG Ltd LPG from Market Perform to Outperform. For the fourth quarter, Dorian LPG had an EPS of ($0.22), compared to year-ago quarter EPS of ($0.18). Dorian LPG's market cap stands at $515.8 M. The current stock performance of Dorian LPG shows a 52-week-high of $10.05 and a 52-week-low of $5.26. Moreover, at the end of the last trading period, the closing price was at $9.35.
• For Meritage Homes Corp MTH, Citi upgraded the previous rating of Neutral to the current rating Buy. Meritage Homes earned $1.31 in the second quarter, compared to $1.31 in the year-ago quarter. The total market value of Meritage Homes's outstanding shares is at $2.0 B. At the moment, the stock has a 52-week-high of $55.81 and a 52-week-low of $32.02. Meritage Homes closed at $54.38 at the end of the last trading period.
• According to Wells Fargo, the prior rating for Navigator Holdings Ltd NVGS was changed from Market Perform to Outperform. For the first quarter, Navigator Holdings had an EPS of ($0.06), compared to year-ago quarter EPS of $0.01. The total market value of Navigator Holdings's outstanding shares is at $580.0 M. The current stock performance of Navigator Holdings shows a 52-week-high of $12.85 and a 52-week-low of $8.70. Moreover, at the end of the last trading period, the closing price was at $10.39.
• Keefe Bruyette & Woods upgraded the previous rating for Old Line Bancshares Inc OLBK from Market Perform to Outperform. In the second quarter, Old Line Bancshares showed an EPS of $0.52, compared to $0.54 from the year-ago quarter. Old Line Bancshares's market cap stands at $467.4 M. The current stock performance of Old Line Bancshares shows a 52-week-high of $35.48 and a 52-week-low of $24.12. Moreover, at the end of the last trading period, the closing price was at $27.50.
• Sandler O'Neill upgraded the previous rating for Old Line Bancshares Inc OLBK from Hold to Buy. Old Line Bancshares earned $0.52 in the second quarter, compared to $0.54 in the year-ago quarter. The total market value of Old Line Bancshares's outstanding shares is at $467.4 M. The stock has a 52-week-high of $35.48 and a 52-week-low of $24.12. At the end of the last trading period, Old Line Bancshares closed at $27.50.
• According to Credit Suisse, the prior rating for AT&T Inc T was changed from Underperform to Neutral. In the second quarter, AT&T showed an EPS of $0.89, compared to $0.91 from the year-ago quarter. The current market cap for AT&T is at $242.5 B. At the moment, the stock has a 52-week-high of $34.37 and a 52-week-low of $26.80. AT&T closed at $33.23 at the end of the last trading period.

Downgrades

• Evercore ISI Group downgraded the previous rating for Align Technology Inc ALGN from Outperform to In-Line. In the second quarter, Align Tech showed an EPS of $1.83, compared to $1.30 from the year-ago quarter. The current market cap for Align Tech is at $22.0 B. At the moment, the stock has a 52-week-high of $398.88 and a 52-week-low of $177.93. Align Tech closed at $275.16 at the end of the last trading period.
• For Boeing Co BA, Wolfe Research downgraded the previous rating of Outperform to the current rating Peer Perform. Boeing earned $2.92 in the second quarter, compared to $3.33 in the year-ago quarter. Boeing's market cap stands at $203.3 B. At the moment, the stock has a 52-week-high of $446.01 and a 52-week-low of $292.47. Boeing closed at $361.33 at the end of the last trading period.
• For Brookfield Renewable Partners LP BEP, Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. In the first quarter, Brookfield Renewable showed an EPS of $0.14, compared to $0.03 from the year-ago quarter. The current market cap for Brookfield Renewable is at $6.5 B. The current stock performance of Brookfield Renewable shows a 52-week-high of $36.51 and a 52-week-low of $24.51. Moreover, at the end of the last trading period, the closing price was at $36.41.
• Stephens & Co. downgraded the previous rating for BOK Financial Corp BOKF from Overweight to Equal-Weight. BOK Financial earned $1.93 in the second quarter, compared to $1.75 in the year-ago quarter. BOK Financial's market cap stands at $5.9 B. The current stock performance of BOK Financial shows a 52-week-high of $105.22 and a 52-week-low of $69.96. Moreover, at the end of the last trading period, the closing price was at $83.94.
• For Caterpillar Inc CAT, Buckingham Research downgraded the previous rating of Buy to the current rating Neutral. Caterpillar earned $2.83 in the second quarter, compared to $2.97 in the year-ago quarter. Caterpillar's market cap stands at $75.4 B. At the moment, the stock has a 52-week-high of $159.37 and a 52-week-low of $112.06. Caterpillar closed at $131.89 at the end of the last trading period.
• For Central Pacific Financial Corp CPF, Compass Point downgraded the previous rating of Buy to the current rating Neutral. Central Pacific Financial earned $0.47 in the second quarter, compared to $0.48 in the year-ago quarter. The current market cap for Central Pacific Financial is at $849.4 M. The stock has a 52-week-high of $30.82 and a 52-week-low of $23.23. At the end of the last trading period, Central Pacific Financial closed at $29.68.
• Sandler O'Neill downgraded the previous rating for Customers Bancorp Inc CUBI from Buy to Hold. Customers Bancorp earned $0.38 in the second quarter, compared to $0.64 in the year-ago quarter. The current market cap for Customers Bancorp is at $642.2 M. The stock has a 52-week-high of $29.06 and a 52-week-low of $16.72. At the end of the last trading period, Customers Bancorp closed at $20.63.
• Wells Fargo downgraded the previous rating for Dollar General Corp DG from Outperform to Market Perform. Dollar General earned $1.48 in the first quarter, compared to $1.36 in the year-ago quarter. The current market cap for Dollar General is at $35.9 B. The current stock performance of Dollar General shows a 52-week-high of $145.06 and a 52-week-low of $96.37. Moreover, at the end of the last trading period, the closing price was at $139.17.
• For DISH Network Corp DISH, MoffettNathanson downgraded the previous rating of Neutral to the current rating Sell. For the first quarter, DISH Network had an EPS of $0.65, compared to year-ago quarter EPS of $0.70. The total market value of DISH Network's outstanding shares is at $19.5 B. At the moment, the stock has a 52-week-high of $44.66 and a 52-week-low of $23.22. DISH Network closed at $41.56 at the end of the last trading period.
• For Electronic Arts Inc EA, Bank of America downgraded the previous rating of Buy to the current rating Neutral. For the fourth quarter, Electronic Arts had an EPS of $1.31, compared to year-ago quarter EPS of $1.28. The total market value of Electronic Arts's outstanding shares is at $26.6 B. The stock has a 52-week-high of $148.00 and a 52-week-low of $73.91. At the end of the last trading period, Electronic Arts closed at $89.78.
• For FirstCash Inc FCFS, Barclays downgraded the previous rating of Overweight to the current rating Equal-Weight. In the second quarter, FirstCash showed an EPS of $0.82, compared to $0.70 from the year-ago quarter. The current market cap for FirstCash is at $4.5 B. The stock has a 52-week-high of $106.80 and a 52-week-low of $66.28. At the end of the last trading period, FirstCash closed at $106.25.
• For Knight-Swift Transportation Holdings Inc KNX, Stifel Nicolaus downgraded the previous rating of Buy to the current rating Hold. For the second quarter, Knight-Swift had an EPS of $0.58, compared to year-ago quarter EPS of $0.56. The total market value of Knight-Swift's outstanding shares is at $6.5 B. At the moment, the stock has a 52-week-high of $39.26 and a 52-week-low of $23.27. Knight-Swift closed at $37.93 at the end of the last trading period.
• For Lockheed Martin Corp LMT, DZ Bank downgraded the previous rating of Buy to the current rating Hold. Lockheed Martin earned $4.95 in the second quarter, compared to $4.31 in the year-ago quarter. The total market value of Lockheed Martin's outstanding shares is at $104.1 B. The stock has a 52-week-high of $373.37 and a 52-week-low of $241.18. At the end of the last trading period, Lockheed Martin closed at $368.86.
• For Manitowoc Co Inc MTW, RBC Capital downgraded the previous rating of Outperform to the current rating Sector Perform. In the first quarter, Manitowoc Co showed an EPS of $0.08, compared to ($0.12) from the year-ago quarter. The current market cap for Manitowoc Co is at $663.5 M. The current stock performance of Manitowoc Co shows a 52-week-high of $28.11 and a 52-week-low of $13.22. Moreover, at the end of the last trading period, the closing price was at $18.55.
• For Navient Corp NAVI, Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. Navient earned $0.74 in the second quarter, compared to $0.49 in the year-ago quarter. The total market value of Navient's outstanding shares is at $3.6 B. The stock has a 52-week-high of $15.67 and a 52-week-low of $8.23. At the end of the last trading period, Navient closed at $15.09.
• Wedbush downgraded the previous rating for Navient Corp NAVI from Outperform to Neutral. Navient earned $0.74 in the second quarter, compared to $0.49 in the year-ago quarter. The total market value of Navient's outstanding shares is at $3.6 B. The current stock performance of Navient shows a 52-week-high of $15.67 and a 52-week-low of $8.23. Moreover, at the end of the last trading period, the closing price was at $15.09.
• For NextGen Healthcare Inc NXGN, Dougherty downgraded the previous rating of Neutral to the current rating Sell. NextGen Healthcare earned $0.16 in the first quarter, compared to $1.00 in the year-ago quarter. The total market value of NextGen Healthcare's outstanding shares is at $1.3 B. At the moment, the stock has a 52-week-high of $23.73 and a 52-week-low of $13.89. NextGen Healthcare closed at $20.53 at the end of the last trading period.
• For PTC Inc PTC, KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. PTC earned $0.23 in the third quarter, compared to $0.36 in the year-ago quarter. The total market value of PTC's outstanding shares is at $10.5 B. The current stock performance of PTC shows a 52-week-high of $107.44 and a 52-week-low of $76.67. Moreover, at the end of the last trading period, the closing price was at $91.60.
• Stifel downgraded the previous rating for PTC Inc PTC from Buy to Hold. PTC earned $0.23 in the third quarter, compared to $0.36 in the year-ago quarter. The current market cap for PTC is at $10.5 B. The stock has a 52-week-high of $107.44 and a 52-week-low of $76.67. At the end of the last trading period, PTC closed at $91.60.
• RBC Capital downgraded the previous rating for PTC Inc PTC from Outperform to Sector Perform. PTC earned $0.23 in the third quarter, compared to $0.36 in the year-ago quarter. PTC's market cap stands at $10.5 B. The stock has a 52-week-high of $107.44 and a 52-week-low of $76.67. At the end of the last trading period, PTC closed at $91.60.
• According to Guggenheim, the prior rating for PTC Inc PTC was changed from Buy to Neutral. For the third quarter, PTC had an EPS of $0.23, compared to year-ago quarter EPS of $0.36. The total market value of PTC's outstanding shares is at $10.5 B. The stock has a 52-week-high of $107.44 and a 52-week-low of $76.67. At the end of the last trading period, PTC closed at $91.60.
• For Reliant Bancorp Inc RBNC, Janney Capital downgraded the previous rating of Buy to the current rating Neutral. For the second quarter, Reliant Bancorp had an EPS of $0.36, compared to year-ago quarter EPS of $0.34. The current market cap for Reliant Bancorp is at $266.4 M. At the moment, the stock has a 52-week-high of $30.00 and a 52-week-low of $19.03. Reliant Bancorp closed at $23.80 at the end of the last trading period.
• Gabelli & Co. downgraded the previous rating for RPC Inc RES from Buy to Hold. For the second quarter, RPC had an EPS of $0.03, compared to year-ago quarter EPS of $0.28. The current market cap for RPC is at $1.2 B. The stock has a 52-week-high of $17.24 and a 52-week-low of $5.89. At the end of the last trading period, RPC closed at $5.95.
• For Spirit Airlines Inc SAVE, Evercore ISI Group downgraded the previous rating of Outperform to the current rating In-Line. In the second quarter, Spirit Airlines showed an EPS of $1.69, compared to $1.11 from the year-ago quarter. Spirit Airlines's market cap stands at $3.7 B. The current stock performance of Spirit Airlines shows a 52-week-high of $65.35 and a 52-week-low of $40.26. Moreover, at the end of the last trading period, the closing price was at $55.04.
• Deutsche Bank downgraded the previous rating for Spirit Airlines Inc SAVE from Buy to Hold. Spirit Airlines earned $1.69 in the second quarter, compared to $1.11 in the year-ago quarter. The total market value of Spirit Airlines's outstanding shares is at $3.7 B. The stock has a 52-week-high of $65.35 and a 52-week-low of $40.26. At the end of the last trading period, Spirit Airlines closed at $55.04.
• According to BTIG Research, the prior rating for Santander Consumer USA Holdings Inc SC was changed from Buy to Neutral. For the second quarter, Santander Consumer USA had an EPS of $1.05, compared to year-ago quarter EPS of $0.92. The current market cap for Santander Consumer USA is at $9.6 B. The stock has a 52-week-high of $27.63 and a 52-week-low of $16.10. At the end of the last trading period, Santander Consumer USA closed at $27.52.
• Wells Fargo downgraded the previous rating for TE Connectivity Ltd TEL from Outperform to Market Perform. For the third quarter, TE Connectivity had an EPS of $1.50, compared to year-ago quarter EPS of $1.43. TE Connectivity's market cap stands at $30.8 B. The stock has a 52-week-high of $97.99 and a 52-week-low of $69.84. At the end of the last trading period, TE Connectivity closed at $91.39.
• For Teradyne Inc TER, Stifel downgraded the previous rating of Buy to the current rating Hold. In the second quarter, Teradyne showed an EPS of $0.66, compared to $0.59 from the year-ago quarter. Teradyne's market cap stands at $9.9 B. At the moment, the stock has a 52-week-high of $58.61 and a 52-week-low of $28.73. Teradyne closed at $57.94 at the end of the last trading period.

Initiations

• With a current rating of Neutral, Mizuho initiated coverage on EnLink Midstream LLC ENLC. The price target seems to have been set at $11.50 for EnLink Midstream. EnLink Midstream earned $0.03 in the first quarter, compared to $0.07 in the year-ago quarter. EnLink Midstream's market cap stands at $4.9 B. The stock has a 52-week-high of $18.00 and a 52-week-low of $8.90. At the end of the last trading period, EnLink Midstream closed at $10.06.
• With a current rating of Neutral, Baird initiated coverage on Fleetcor Technologies Inc FLT. The price target seems to have been set at $302.00 for Fleetcor Technologies. For the first quarter, Fleetcor Technologies had an EPS of $2.67, compared to year-ago quarter EPS of $2.50. The current market cap for Fleetcor Technologies is at $24.8 B. At the moment, the stock has a 52-week-high of $296.79 and a 52-week-low of $172.18. Fleetcor Technologies closed at $288.27 at the end of the last trading period.
• With a current rating of Buy, Benchmark initiated coverage on Liberty Global PLC LBTYA. The price target seems to have been set at $34.00 for Liberty Global. Interestingly, in the first quarter, Liberty Global's EPS was ($0.43). The current market cap for Liberty Global is at $20.2 B. The current stock performance of Liberty Global shows a 52-week-high of $29.55 and a 52-week-low of $19.88. Moreover, at the end of the last trading period, the closing price was at $27.85.
• Benchmark initiated coverage on Liberty Latin America Ltd LILA with a Buy rating. The price target for Liberty Latin America is set to $26.00. Liberty Latin America earned ($0.23) in the first quarter. The current market cap for Liberty Latin America is at $2.9 B. The current stock performance of Liberty Latin America shows a 52-week-high of $22.20 and a 52-week-low of $13.96. Moreover, at the end of the last trading period, the closing price was at $16.38.
• Jefferies initiated coverage on Medifast Inc MED with a Buy rating. The price target for Medifast is set to $130.00. In the first quarter, Medifast showed an EPS of $1.70, compared to $1.01 from the year-ago quarter. The current market cap for Medifast is at $1.3 B. The stock has a 52-week-high of $260.98 and a 52-week-low of $106.31. At the end of the last trading period, Medifast closed at $113.31.
• With a current rating of Outperform, Noble Capital initiated coverage on Onconova Therapeutics Inc ONTX. The price target seems to have been set at $12.00 for Onconova Therapeutics. In the first quarter, Onconova Therapeutics showed an EPS of ($1.29), compared to ($0.34) from the year-ago quarter. The total market value of Onconova Therapeutics's outstanding shares is at $13.7 M. The stock has a 52-week-high of $11.17 and a 52-week-low of $1.69. At the end of the last trading period, Onconova Therapeutics closed at $2.30.