Benzinga's Top Upgrades, Downgrades For July 31, 2019

Upgrades

• According to Argus, the prior rating for American Campus Communities Inc ACC was changed from Hold to Buy. American Campus earned $0.56 in the second quarter, compared to $0.52 in the year-ago quarter. The current market cap for American Campus is at $6.4 B. The stock has a 52-week-high of $49.33 and a 52-week-low of $38.40. At the end of the last trading period, American Campus closed at $46.66.
• Compass Point upgraded the previous rating for Axos Financial Inc AX from Neutral to Buy. In the fourth quarter, Axos Financial showed an EPS of $0.68, compared to $0.58 from the year-ago quarter. Axos Financial's market cap stands at $1.6 B. At the moment, the stock has a 52-week-high of $43.16 and a 52-week-low of $23.87. Axos Financial closed at $27.72 at the end of the last trading period.
• According to Jefferies, the prior rating for BP PLC BP was changed from Hold to Buy. In the first quarter, BP showed an EPS of $0.70, compared to $0.78 from the year-ago quarter. BP's market cap stands at $135.1 B. The stock has a 52-week-high of $47.16 and a 52-week-low of $36.28. At the end of the last trading period, BP closed at $40.00.
• For Boyd Gaming Corp BYD, Telsey Advisory Group upgraded the previous rating of Market Perform to the current rating Outperform. Boyd Gaming earned $0.46 in the second quarter, compared to $0.38 in the year-ago quarter. The current market cap for Boyd Gaming is at $3.1 B. The current stock performance of Boyd Gaming shows a 52-week-high of $37.67 and a 52-week-low of $18.98. Moreover, at the end of the last trading period, the closing price was at $27.94.
• For Crestwood Equity Partners LP CEQP, Stifel Nicolaus upgraded the previous rating of Hold to the current rating Buy. Crestwood Equity Partners earned ($0.13) in the second quarter, compared to ($0.23) in the year-ago quarter. Crestwood Equity Partners's market cap stands at $2.6 B. At the moment, the stock has a 52-week-high of $40.55 and a 52-week-low of $26.55. Crestwood Equity Partners closed at $36.74 at the end of the last trading period.
• Cowen & Co. upgraded the previous rating for Electronic Arts Inc EA from Market Perform to Outperform. In the first quarter, Electronic Arts showed an EPS of $0.25, compared to $0.15 from the year-ago quarter. The current market cap for Electronic Arts is at $26.2 B. At the moment, the stock has a 52-week-high of $134.00 and a 52-week-low of $73.91. Electronic Arts closed at $88.57 at the end of the last trading period.
• H.C. Wainwright upgraded the previous rating for Enphase Energy Inc ENPH from Neutral to Buy. For the second quarter, Enphase Energy had an EPS of $0.18, compared to year-ago quarter EPS of $0.02. The current market cap for Enphase Energy is at $2.6 B. The current stock performance of Enphase Energy shows a 52-week-high of $21.70 and a 52-week-low of $3.70. Moreover, at the end of the last trading period, the closing price was at $21.65.
• According to Deutsche Bank, the prior rating for Enphase Energy Inc ENPH was changed from Hold to Buy. In the second quarter, Enphase Energy showed an EPS of $0.18, compared to $0.02 from the year-ago quarter. The current market cap for Enphase Energy is at $2.6 B. The current stock performance of Enphase Energy shows a 52-week-high of $21.70 and a 52-week-low of $3.70. Moreover, at the end of the last trading period, the closing price was at $21.65.
• According to Argus, the prior rating for Expedia Group Inc EXPE was changed from Hold to Buy. In the second quarter, Expedia Group showed an EPS of $1.77, compared to $1.45 from the year-ago quarter. The current market cap for Expedia Group is at $19.8 B. At the moment, the stock has a 52-week-high of $144.00 and a 52-week-low of $108.11. Expedia Group closed at $135.25 at the end of the last trading period.
• According to Deutsche Bank, the prior rating for Fiserv Inc FISV was changed from Hold to Buy. For the second quarter, Fiserv had an EPS of $0.82, compared to year-ago quarter EPS of $0.75. The total market value of Fiserv's outstanding shares is at $70.6 B. The stock has a 52-week-high of $105.02 and a 52-week-low of $68.45. At the end of the last trading period, Fiserv closed at $103.91.
• UBS upgraded the previous rating for Galapagos NV GLPG from Neutral to Buy. Galapagos earned ($0.96) in the second quarter, compared to ($0.50) in the year-ago quarter. Galapagos's market cap stands at $9.6 B. At the moment, the stock has a 52-week-high of $191.63 and a 52-week-low of $85.00. Galapagos closed at $176.84 at the end of the last trading period.
• According to JP Morgan, the prior rating for Laredo Petroleum Inc LPI was changed from Underweight to Neutral. Laredo Petroleum earned No EPS Value in the second quarter, compared to $0.25 in the year-ago quarter. The current market cap for Laredo Petroleum is at $719.1 M. The stock has a 52-week-high of $9.77 and a 52-week-low of $2.40. At the end of the last trading period, Laredo Petroleum closed at $3.04.
• For The Mosaic Co MOS, CItigroup upgraded the previous rating of Neutral to the current rating Buy. For the first quarter, Mosaic had an EPS of $0.25, compared to year-ago quarter EPS of $0.20. Mosaic's market cap stands at $9.7 B. At the moment, the stock has a 52-week-high of $37.37 and a 52-week-low of $20.81. Mosaic closed at $25.25 at the end of the last trading period.
• Citigroup upgraded the previous rating for National Oilwell Varco Inc NOV from Neutral to Buy. For the second quarter, National Oilwell Varco had an EPS of ($0.04), compared to year-ago quarter EPS of $0.06. National Oilwell Varco's market cap stands at $8.8 B. The current stock performance of National Oilwell Varco shows a 52-week-high of $49.08 and a 52-week-low of $19.57. Moreover, at the end of the last trading period, the closing price was at $23.02.
• For National Oilwell Varco Inc NOV, Seaport Global upgraded the previous rating of Sell to the current rating Neutral. For the second quarter, National Oilwell Varco had an EPS of ($0.04), compared to year-ago quarter EPS of $0.06. National Oilwell Varco's market cap stands at $8.8 B. The current stock performance of National Oilwell Varco shows a 52-week-high of $49.08 and a 52-week-low of $19.57. Moreover, at the end of the last trading period, the closing price was at $23.02.
• Compass Point upgraded the previous rating for NexPoint Residential Trust Inc NXRT from Neutral to Buy. In the second quarter, NexPoint Residential showed an EPS of $0.45, compared to $0.41 from the year-ago quarter. The total market value of NexPoint Residential's outstanding shares is at $981.1 M. The current stock performance of NexPoint Residential shows a 52-week-high of $43.62 and a 52-week-low of $27.48. Moreover, at the end of the last trading period, the closing price was at $41.55.
• Loop Capital upgraded the previous rating for Ollie's Bargain Outlet Holdings Inc OLLI from Hold to Buy. For the first quarter, Ollie's Bargain Outlet had an EPS of $0.46, compared to year-ago quarter EPS of $0.41. The current market cap for Ollie's Bargain Outlet is at $5.2 B. At the moment, the stock has a 52-week-high of $103.03 and a 52-week-low of $59.72. Ollie's Bargain Outlet closed at $82.49 at the end of the last trading period.
• According to UBS, the prior rating for Polaris Inc PII was changed from Neutral to Buy. In the second quarter, Polaris showed an EPS of $1.73, compared to $1.77 from the year-ago quarter. The current market cap for Polaris is at $5.7 B. At the moment, the stock has a 52-week-high of $115.40 and a 52-week-low of $70.27. Polaris closed at $94.77 at the end of the last trading period.
• Raymond James upgraded the previous rating for QTS Realty Trust Inc QTS from Market Perform to Outperform. QTS Realty Trust earned $0.65 in the second quarter, compared to $0.64 in the year-ago quarter. The current market cap for QTS Realty Trust is at $2.5 B. The stock has a 52-week-high of $47.13 and a 52-week-low of $34.27. At the end of the last trading period, QTS Realty Trust closed at $45.43.
• For US Bancorp USB, JP Morgan upgraded the previous rating of Underweight to the current rating Neutral. In the second quarter, US Bancorp showed an EPS of $1.09, compared to $1.02 from the year-ago quarter. US Bancorp's market cap stands at $90.5 B. The stock has a 52-week-high of $57.66 and a 52-week-low of $43.14. At the end of the last trading period, US Bancorp closed at $57.13.

Downgrades

• For Acadia Healthcare Co Inc ACHC, Raymond James downgraded the previous rating of Strong Buy to the current rating Outperform. For the second quarter, Acadia Healthcare Co had an EPS of $0.61, compared to year-ago quarter EPS of $0.70. Acadia Healthcare Co's market cap stands at $2.9 B. The stock has a 52-week-high of $45.35 and a 52-week-low of $24.27. At the end of the last trading period, Acadia Healthcare Co closed at $32.89.
• According to Stifel, the prior rating for Advanced Disposal Services Inc ADSW was changed from Buy to Hold. For the second quarter, Advanced Disposal Servs had an EPS of $0.10, compared to year-ago quarter EPS of $0.19. The current market cap for Advanced Disposal Servs is at $2.8 B. The current stock performance of Advanced Disposal Servs shows a 52-week-high of $33.01 and a 52-week-low of $22.05. Moreover, at the end of the last trading period, the closing price was at $32.54.
• For Advanced Micro Devices Inc AMD, Craig-Hallum downgraded the previous rating of Buy to the current rating Hold. Advanced Micro Devices earned $0.08 in the second quarter, compared to $0.14 in the year-ago quarter. Advanced Micro Devices's market cap stands at $36.6 B. The stock has a 52-week-high of $34.86 and a 52-week-low of $16.03. At the end of the last trading period, Advanced Micro Devices closed at $33.87.
• For Broadridge Financial Solutions Inc BR, Raymond James downgraded the previous rating of Outperform to the current rating Market Perform. Broadridge Financial Soln earned $1.59 in the third quarter, compared to $1.00 in the year-ago quarter. The current market cap for Broadridge Financial Soln is at $15.2 B. At the moment, the stock has a 52-week-high of $138.24 and a 52-week-low of $91.34. Broadridge Financial Soln closed at $131.25 at the end of the last trading period.
• According to Cantor Fitzgerald, the prior rating for Castlight Health Inc CSLT was changed from Overweight to Neutral. Castlight Health earned ($0.02) in the second quarter, compared to ($0.05) in the year-ago quarter. The current market cap for Castlight Health is at $433.3 M. The current stock performance of Castlight Health shows a 52-week-high of $5.05 and a 52-week-low of $1.85. Moreover, at the end of the last trading period, the closing price was at $3.02.
• For Dow Inc DOW, RBC Capital downgraded the previous rating of Top Pick to the current rating Outperform. Dow earned $0.86 in the second quarter. The total market value of Dow's outstanding shares is at $35.9 B. The stock has a 52-week-high of $60.52 and a 52-week-low of $46.75. At the end of the last trading period, Dow closed at $48.41.
• For 8x8 Inc EGHT, B. Riley FBR downgraded the previous rating of Neutral to the current rating Sell. 8x8 earned ($0.14) in the first quarter, compared to ($0.04) in the year-ago quarter. The current market cap for 8x8 is at $2.6 B. The current stock performance of 8x8 shows a 52-week-high of $26.67 and a 52-week-low of $15.13. Moreover, at the end of the last trading period, the closing price was at $25.65.
• According to Buckingham, the prior rating for Frontdoor Inc FTDR was changed from Buy to Neutral. In the first quarter, Frontdoor earned $0.19. The total market value of Frontdoor's outstanding shares is at $3.9 B. At the moment, the stock has a 52-week-high of $49.92 and a 52-week-low of $20.66. Frontdoor closed at $47.12 at the end of the last trading period.
• For Frontdoor Inc FTDR, Buckingham Research downgraded the previous rating of Buy to the current rating Neutral. Interestingly, in the first quarter, Frontdoor's EPS was $0.19. The current market cap for Frontdoor is at $3.9 B. The current stock performance of Frontdoor shows a 52-week-high of $49.92 and a 52-week-low of $20.66. Moreover, at the end of the last trading period, the closing price was at $47.12.
• For Acushnet Holdings Corp GOLF, SunTrust Robinson Humphrey downgraded the previous rating of Buy to the current rating Hold. For the first quarter, Acushnet Holdings had an EPS of $0.46, compared to year-ago quarter EPS of $0.56. The total market value of Acushnet Holdings's outstanding shares is at $1.9 B. The stock has a 52-week-high of $27.87 and a 52-week-low of $20.24. At the end of the last trading period, Acushnet Holdings closed at $25.98.
• Keefe Bruyette & Woods downgraded the previous rating for Moelis & Co MC from Outperform to Market Perform. Moelis & Co earned $0.56 in the second quarter, compared to $0.78 in the year-ago quarter. The total market value of Moelis & Co's outstanding shares is at $1.8 B. At the moment, the stock has a 52-week-high of $63.85 and a 52-week-low of $31.64. Moelis & Co closed at $36.67 at the end of the last trading period.
• According to Baird, the prior rating for Milacron Holdings Corp MCRN was changed from Outperform to Neutral. In the second quarter, Milacron Holdings showed an EPS of $0.34, compared to $0.48 from the year-ago quarter. The current market cap for Milacron Holdings is at $1.1 B. At the moment, the stock has a 52-week-high of $22.09 and a 52-week-low of $11.11. Milacron Holdings closed at $16.92 at the end of the last trading period.
• RBC Capital downgraded the previous rating for PotlatchDeltic Corp PCH from Outperform to Sector Perform. PotlatchDeltic earned $0.25 in the second quarter, compared to $0.75 in the year-ago quarter. The current market cap for PotlatchDeltic is at $2.6 B. At the moment, the stock has a 52-week-high of $48.70 and a 52-week-low of $28.07. PotlatchDeltic closed at $39.46 at the end of the last trading period.
• For Ryder System Inc R, KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. Ryder System earned $1.40 in the second quarter, compared to $1.42 in the year-ago quarter. Ryder System's market cap stands at $2.8 B. The current stock performance of Ryder System shows a 52-week-high of $79.95 and a 52-week-low of $44.80. Moreover, at the end of the last trading period, the closing price was at $53.38.
• For T2 Biosystems Inc TTOO, Janney Capital downgraded the previous rating of Buy to the current rating Neutral. For the second quarter, T2 Biosystems had an EPS of ($0.35), compared to year-ago quarter EPS of ($0.32). The total market value of T2 Biosystems's outstanding shares is at $63.8 M. The current stock performance of T2 Biosystems shows a 52-week-high of $7.70 and a 52-week-low of $1.35. Moreover, at the end of the last trading period, the closing price was at $1.44.
• According to H.C. Wainwright, the prior rating for T2 Biosystems Inc TTOO was changed from Buy to Neutral. For the second quarter, T2 Biosystems had an EPS of ($0.35), compared to year-ago quarter EPS of ($0.32). The total market value of T2 Biosystems's outstanding shares is at $63.8 M. The current stock performance of T2 Biosystems shows a 52-week-high of $7.70 and a 52-week-low of $1.35. Moreover, at the end of the last trading period, the closing price was at $1.44.
• Baird downgraded the previous rating for 2U Inc TWOU from Outperform to Neutral. 2U earned ($0.46) in the second quarter, compared to ($0.19) in the year-ago quarter. 2U's market cap stands at $2.3 B. The current stock performance of 2U shows a 52-week-high of $90.31 and a 52-week-low of $33.38. Moreover, at the end of the last trading period, the closing price was at $36.50.
• Macquarie downgraded the previous rating for 2U Inc TWOU from Outperform to Neutral. In the second quarter, 2U showed an EPS of ($0.46), compared to ($0.19) from the year-ago quarter. The total market value of 2U's outstanding shares is at $2.3 B. The current stock performance of 2U shows a 52-week-high of $90.31 and a 52-week-low of $33.38. Moreover, at the end of the last trading period, the closing price was at $36.50.
• Oppenheimer downgraded the previous rating for 2U Inc TWOU from Outperform to Perform. 2U earned ($0.46) in the second quarter, compared to ($0.19) in the year-ago quarter. 2U's market cap stands at $2.3 B. The stock has a 52-week-high of $90.31 and a 52-week-low of $33.38. At the end of the last trading period, 2U closed at $36.50.
• For 2U Inc TWOU, Needham downgraded the previous rating of Buy to the current rating Hold. In the second quarter, 2U showed an EPS of ($0.46), compared to ($0.19) from the year-ago quarter. The current market cap for 2U is at $2.3 B. At the moment, the stock has a 52-week-high of $90.31 and a 52-week-low of $33.38. 2U closed at $36.50 at the end of the last trading period.

Initiations

• For Alexion Pharmaceuticals Inc ALXN, JP Morgan initiated coverage, by setting the current rating at Overweight. In the second quarter, Alexion Pharmaceuticals showed an EPS of $2.64, compared to $2.07 from the year-ago quarter. Alexion Pharmaceuticals's market cap stands at $25.6 B. At the moment, the stock has a 52-week-high of $141.86 and a 52-week-low of $92.56. Alexion Pharmaceuticals closed at $114.45 at the end of the last trading period.
• Piper Jaffray initiated coverage on Chiasma Inc CHMA with an Overweight rating. The price target for Chiasma is set to $11.00. Chiasma earned ($0.36) in the first quarter, compared to ($0.29) in the year-ago quarter. The current market cap for Chiasma is at $175.0 M. At the moment, the stock has a 52-week-high of $9.25 and a 52-week-low of $1.20. Chiasma closed at $5.51 at the end of the last trading period.
• With a current rating of Buy, Berenberg initiated coverage on Fiserv Inc FISV. The price target seems to have been set at $121.00 for Fiserv. In the second quarter, Fiserv showed an EPS of $0.82, compared to $0.75 from the year-ago quarter. The current market cap for Fiserv is at $70.6 B. At the moment, the stock has a 52-week-high of $105.02 and a 52-week-low of $68.45. Fiserv closed at $103.91 at the end of the last trading period.
• With a current rating of Buy, Jefferies initiated coverage on IAA Inc IAA. The price target seems to have been set at $55.00 for IAA. The total market value of IAA's outstanding shares is at $6.2 B. The stock has a 52-week-high of $47.88 and a 52-week-low of $36.00. At the end of the last trading period, IAA closed at $46.69.
• Ascendiant Capital initiated coverage on Myomo Inc MYO with a Buy rating. The price target for Myomo is set to $2.00. Interestingly, in the first quarter, Myomo's EPS was ($0.17). Myomo's market cap stands at $13.5 M. The stock has a 52-week-high of $2.69 and a 52-week-low of $0.66. At the end of the last trading period, Myomo closed at $0.79.
• KeyBanc initiated coverage on Noble Energy Inc NBL with a Sector Weight rating. For the first quarter, Noble Energy had an EPS of ($0.09), compared to year-ago quarter EPS of $0.35. The current market cap for Noble Energy is at $10.5 B. The stock has a 52-week-high of $36.27 and a 52-week-low of $17.11. At the end of the last trading period, Noble Energy closed at $22.09.
• For Veracyte Inc VCYT, Lake Street initiated coverage, by setting the current rating at Buy. For the second quarter, Veracyte had an EPS of ($0.05), compared to year-ago quarter EPS of ($0.18). The current market cap for Veracyte is at $1.2 B. The stock has a 52-week-high of $31.18 and a 52-week-low of $8.77. At the end of the last trading period, Veracyte closed at $29.61.
• With a current rating of Neutral, Goldman Sachs initiated coverage on Verra Mobility Corp VRRM. The price target seems to have been set at $15.00 for Verra Mobility. The current market cap for Verra Mobility is at $2.1 B. The stock has a 52-week-high of $15.07 and a 52-week-low of $9.00. At the end of the last trading period, Verra Mobility closed at $13.86.