Benzinga's Top Upgrades, Downgrades For June 16, 2020

Upgrades

Stephens & Co. changed the rating for GATX Corp GATX from Equal-Weight to Overweight. For the first quarter, GATX had an EPS of $1.31, compared to year-ago quarter EPS of $1.12. The stock has a 52-week-high of $86.01 and a 52-week-low of $50.69. GATX's stock last closed at $61.70 per share.

For Molina Healthcare Inc MOH, Cowen & Co. upgraded the stock from Market Perform to Outperform. Molina Healthcare earned $3.02 in the first quarter, compared to $3.04 in the year-ago quarter. The stock has a 52-week-high of $196.52 and a 52-week-low of $102.85. Molina Healthcare's stock last closed at $166.26 per share.

Gordon Haskett upgraded the stock for Parker Hannifin Corp PH from Hold to Buy. For the third quarter, Parker Hannifin had an EPS of $2.92, compared to year-ago quarter EPS of $3.17. The stock has a 52-week-high of $215.94 and a 52-week-low of $93.00. Parker Hannifin's stock last closed at $183.72 per share.

For Lam Research Corp LRCX, Morgan Stanley upgraded the stock from Equal-Weight to Overweight. For the third quarter, Lam Research had an EPS of $3.98, compared to year-ago quarter EPS of $3.70. The stock has a 52-week-high of $344.32 and a 52-week-low of $172.38. Lam Research's stock last closed at $291.14 per share.

For LexinFintech Holdings Ltd LX, China Renaissance upgraded the stock from Hold to Buy. LexinFintech Holdings earned ($0.46) in the first quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $16.93 and a 52-week-low of $6.98. LexinFintech Holdings's stock last closed at $10.27 per share.

For Qualcomm Inc QCOM, Morgan Stanley upgraded the stock from Equal-Weight to Overweight. For the second quarter, Qualcomm had an EPS of $0.88, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $96.17 and a 52-week-low of $58.00. Qualcomm's stock last closed at $86.39 per share.

Morgan Stanley changed the rating for Qorvo Inc QRVO from Equal-Weight to Overweight. Qorvo earned $1.57 in the fourth quarter, compared to $1.22 in the year-ago quarter. The stock has a 52-week-high of $122.37 and a 52-week-low of $60.37. Qorvo's stock last closed at $109.72 per share.

Piper Sandler upgraded the stock for Supernus Pharmaceuticals Inc SUPN from Neutral to Overweight. In the first quarter, Supernus Pharmaceuticals showed an EPS of $0.40, compared to $0.34 from the year-ago quarter. The stock has a 52-week-high of $34.11 and a 52-week-low of $13.12. Supernus Pharmaceuticals's stock last closed at $23.07 per share.

RBC Capital upgraded the stock for Kinross Gold Corp KGC from Sector Perform to Outperform. Kinross Gold earned $0.10 in the first quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $7.67 and a 52-week-low of $2.72. Kinross Gold's stock last closed at $6.51 per share.

Canaccord Genuity changed the rating for Crane Co CR from Hold to Buy. Crane earned $1.15 in the first quarter, compared to $1.45 in the year-ago quarter. The stock has a 52-week-high of $91.23 and a 52-week-low of $36.77. Crane's stock last closed at $55.05 per share.

Citigroup upgraded the stock for Cogent Communications Holdings Inc CCOI from Neutral to Buy. For the first quarter, Cogent Comms Hldgs had an EPS of $0.20, compared to year-ago quarter EPS of $0.20. The stock has a 52-week-high of $92.96 and a 52-week-low of $53.24. Cogent Comms Hldgs's stock last closed at $75.92 per share.

 

Downgrades

  • Cowen & Co. downgraded the stock for Humana Inc HUM from Outperform to Market Perform. In the first quarter, Humana showed an EPS of $5.40, compared to $4.48 from the year-ago quarter. The stock has a 52-week-high of $412.70 and a 52-week-low of $208.25. Humana's stock last closed at $379.07 per share.
  • B of A Securities changed the rating for Select Medical Holdings Corp SEM from Neutral to Underperform. In the first quarter, Select Medical Holdings showed an EPS of $0.37, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $28.61 and a 52-week-low of $10.00. Select Medical Holdings's stock last closed at $16.20 per share.
  • Deutsche Bank downgraded the stock for Alcoa Corp AA from Buy to Hold. In the first quarter, Alcoa showed an EPS of ($0.23), compared to ($0.23) from the year-ago quarter. The stock has a 52-week-high of $24.63 and a 52-week-low of $5.16. Alcoa's stock last closed at $11.42 per share.
  • HSBC downgraded the stock for Air Products & Chemicals Inc APD from Buy to Hold. Air Products & Chemicals earned $2.04 in the second quarter, compared to $1.92 in the year-ago quarter. The stock has a 52-week-high of $257.01 and a 52-week-low of $167.43. Air Products & Chemicals's stock last closed at $237.06 per share.
  • Goldman Sachs downgraded the stock for Acuity Brands Inc AYI from Neutral to Sell. In the second quarter, Acuity Brands showed an EPS of $1.84, compared to $1.99 from the year-ago quarter. The stock has a 52-week-high of $143.55 and a 52-week-low of $67.46. Acuity Brands's stock last closed at $97.67 per share.
  • Morgan Stanley downgraded the stock for Intel Corp INTC from Overweight to Equal-Weight. Intel earned $1.45 in the first quarter, compared to $0.89 in the year-ago quarter. The stock has a 52-week-high of $69.29 and a 52-week-low of $43.63. Intel's stock last closed at $60.10 per share.
  • B. Riley FBR downgraded the stock for NeoPhotonics Corp NPTN from Buy to Neutral. NeoPhotonics earned $0.17 in the first quarter, compared to ($0.19) in the year-ago quarter. The stock has a 52-week-high of $10.34 and a 52-week-low of $3.94. NeoPhotonics's stock last closed at $9.47 per share.
  • For NVIDIA Corp NVDA, Morgan Stanley downgraded the stock from Overweight to Equal-Weight. In the first quarter, NVIDIA showed an EPS of $1.80, compared to $0.88 from the year-ago quarter. The stock has a 52-week-high of $380.00 and a 52-week-low of $142.84. NVIDIA's stock last closed at $366.95 per share.
  • Goldman Sachs downgraded the stock for Southern Copper Corp SCCO from Buy to Neutral. For the first quarter, Southern Copper had an EPS of $0.28, compared to year-ago quarter EPS of $0.50. The stock has a 52-week-high of $44.82 and a 52-week-low of $23.43. Southern Copper's stock last closed at $37.20 per share.

 

Initiations

  • SVB Leerink initiated coverage on Pfizer Inc PFE with a Market Perform rating. The price target for Pfizer is set at $40.00. Pfizer earned $0.80 in the first quarter, compared to $0.85 in the year-ago quarter. The stock has a 52-week-high of $44.56 and a 52-week-low of $27.88. Pfizer's stock last closed at $33.38 per share.
  • For Incyte Corp INCY, Benchmark initiated coverage, by setting the current rating at Hold. For the first quarter, Incyte had an EPS of ($2.86), compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $104.81 and a 52-week-low of $62.48. Incyte's stock last closed at $93.51 per share.
  • With a rating of Outperform, RBC Capital initiated coverage on NeuBase Therapeutics Inc NBSE. The price target is set at $16.00 for NeuBase Therapeutics. For the second quarter, NeuBase Therapeutics had an EPS of ($0.26), compared to year-ago quarter EPS of ($0.33). The stock has a 52-week-high of $10.58 and a 52-week-low of $3.36. NeuBase Therapeutics's stock last closed at $10.32 per share.
  • Ascendiant Capital initiated coverage on Phunware Inc PHUN with a Buy rating. The price target for Phunware is set at $4.00. Phunware earned ($0.10) in the first quarter, compared to ($0.12) in the year-ago quarter. The stock has a 52-week-high of $5.50 and a 52-week-low of $0.54. Phunware's stock last closed at $1.14 per share.
  • With a rating of Speculative Buy, Benchmark initiated coverage on Salarius Pharmaceuticals Inc SLRX. The price target is set at $5.00 for Salarius Pharmaceuticals. In the first quarter, Salarius Pharmaceuticals showed an EPS of ($0.22), compared to ($0.12) from the year-ago quarter. The stock has a 52-week-high of $14.82 and a 52-week-low of $0.56. Salarius Pharmaceuticals's stock last closed at $1.77 per share.
  • Needham initiated coverage on Cohu Inc COHU with a Buy rating. The price target for Cohu is set at $20.00. For the first quarter, Cohu had an EPS of $0.00, compared to year-ago quarter EPS of ($0.03). The stock has a 52-week-high of $26.43 and a 52-week-low of $8.89. Cohu's stock last closed at $15.81 per share.
  • With a rating of Buy, HC Wainwright & Co. initiated coverage on Broadwind Inc BWEN. The price target is set at $6.00 for Broadwind. In the first quarter, Broadwind showed an EPS of $0.06, compared to ($0.07) from the year-ago quarter. The stock has a 52-week-high of $3.31 and a 52-week-low of $1.12. Broadwind's stock last closed at $2.80 per share.
  • For EnerSys ENS, BTIG initiated coverage, by setting the current rating at Neutral. For the fourth quarter, EnerSys had an EPS of $1.11, compared to year-ago quarter EPS of $1.43. The stock has a 52-week-high of $78.97 and a 52-week-low of $35.21. EnerSys's stock last closed at $64.69 per share.
  • With a rating of Buy, Nomura Instinet initiated coverage on Grocery Outlet Holding Corp GO. The price target is set at $40.00 for Grocery Outlet Holding. In the first quarter, Grocery Outlet Holding showed an EPS of ($0.73), compared to ($6.40) from the year-ago quarter. The stock has a 52-week-high of $47.57 and a 52-week-low of $27.75. Grocery Outlet Holding's stock last closed at $33.15 per share.
  • With a rating of Outperform, Raymond James initiated coverage on PAE Inc PAE. The price target is set at $15.00 for PAE. The stock has a 52-week-high of $12.76 and a 52-week-low of $3.10. PAE's stock last closed at $10.72 per share.
  • BTIG initiated coverage on TPI Composites Inc TPIC with a Buy rating. The price target for TPI Composites is set at $30.00. For the first quarter, TPI Composites had an EPS of ($0.01), compared to year-ago quarter EPS of ($0.35). The stock has a 52-week-high of $27.80 and a 52-week-low of $9.19. TPI Composites's stock last closed at $21.85 per share.
  • B. Riley FBR initiated coverage on Purple Innovation Inc PRPL with a Buy rating. The price target for Purple Innovation is set at $23.00. In the first quarter, Purple Innovation showed an EPS of $0.11, compared to ($0.02) from the year-ago quarter. The stock has a 52-week-high of $17.00 and a 52-week-low of $4.42. Purple Innovation's stock last closed at $16.61 per share.
  • With a rating of Overweight, Piper Sandler initiated coverage on Dentsply Sirona Inc XRAY. The price target is set at $51.00 for Dentsply Sirona. In the first quarter, Dentsply Sirona showed an EPS of $0.43, compared to $0.49 from the year-ago quarter. The stock has a 52-week-high of $60.87 and a 52-week-low of $31.57. Dentsply Sirona's stock last closed at $43.89 per share.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Penny StocksUpgradesDowngradesInitiationIntraday UpdateAnalyst RatingsConsumer DiscretionaryInformation TechnologyInitiationsMovies & EntertainmentSemiconductor Equipmenttop upgrades
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!