Benzinga's Top Upgrades, Downgrades For June 22, 2020

Upgrades

Jefferies upgraded the stock for Campbell Soup Co CPB from Hold to Buy. In the third quarter, Campbell Soup showed an EPS of $0.83, compared to $0.56 from the year-ago quarter. The stock has a 52-week-high of $57.54 and a 52-week-low of $39.24. Campbell Soup's stock last closed at $49.14 per share.
UBS upgraded the stock for Capital One Financial Corp COF from Neutral to Buy. For the first quarter, Capital One Financial had an EPS of ($3.02), compared to year-ago quarter EPS of $2.90. The stock has a 52-week-high of $107.59 and a 52-week-low of $38.00. Capital One Financial's stock last closed at $68.07 per share.
Jefferies changed the rating for Conagra Brands Inc CAG from Hold to Buy. Conagra Brands earned $0.47 in the third quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $35.59 and a 52-week-low of $22.83. Conagra Brands's stock last closed at $33.67 per share.
UBS changed the rating for Discover Financial Services DFS from Neutral to Buy. In the first quarter, Discover Financial showed an EPS of ($0.25), compared to $2.15 from the year-ago quarter. The stock has a 52-week-high of $92.98 and a 52-week-low of $23.25. Discover Financial's stock last closed at $53.69 per share.
Wedbush upgraded the stock for Five Prime Therapeutics Inc FPRX from Neutral to Outperform. For the first quarter, Five Prime Therapeutics had an EPS of ($0.57), compared to year-ago quarter EPS of ($1.02). The stock has a 52-week-high of $6.76 and a 52-week-low of $1.75. Five Prime Therapeutics's stock last closed at $4.39 per share.
Wells Fargo upgraded the stock for Gap Inc GPS from Equal-Weight to Overweight. In the first quarter, Gap showed an EPS of ($2.51), compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $19.86 and a 52-week-low of $5.26. Gap's stock last closed at $10.65 per share.
UBS changed the rating for Johnson Controls International PLC JCI from Neutral to Buy. In the second quarter, Johnson Controls Intl showed an EPS of $0.42, compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of $44.82 and a 52-week-low of $22.77. Johnson Controls Intl's stock last closed at $34.31 per share.
For McCormick & Co Inc MKC, Jefferies upgraded the stock from Underperform to Hold. For the first quarter, McCormick & Co had an EPS of $1.08, compared to year-ago quarter EPS of $1.12. The stock has a 52-week-high of $180.38 and a 52-week-low of $112.22. McCormick & Co's stock last closed at $172.18 per share.
UBS upgraded the stock for Walmart Inc WMT from Neutral to Buy. Walmart earned $1.18 in the first quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $133.38 and a 52-week-low of $102.00. Walmart's stock last closed at $119.78 per share.
HC Wainwright & Co. upgraded the stock for Evoke Pharma Inc EVOK from Neutral to Buy. In the first quarter, Evoke Pharma showed an EPS of ($0.07), compared to ($0.11) from the year-ago quarter. The stock has a 52-week-high of $2.80 and a 52-week-low of $0.50. Evoke Pharma's stock last closed at $2.35 per share.
For Fiat Chrysler Automobiles NV FCAU, Redburn upgraded the stock from Neutral to Buy. For the first quarter, Fiat Chrysler Automobiles had an EPS of ($0.33), compared to year-ago quarter EPS of $0.41. The stock has a 52-week-high of $16.25 and a 52-week-low of $6.00. Fiat Chrysler Automobiles's stock last closed at $9.29 per share.
Barclays upgraded the stock for Hilton Worldwide Holdings Inc HLT from Equal-Weight to Overweight. In the first quarter, Hilton Worldwide Holdings showed an EPS of $0.74, compared to $0.80 from the year-ago quarter. The stock has a 52-week-high of $115.48 and a 52-week-low of $44.30. Hilton Worldwide Holdings's stock last closed at $76.16 per share.
B. Riley FBR changed the rating for Ichor Holdings Ltd ICHR from Neutral to Buy. For the first quarter, Ichor Holdings had an EPS of $0.52, compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of $39.83 and a 52-week-low of $13.68. Ichor Holdings's stock last closed at $23.70 per share.
Barclays changed the rating for Marriott International Inc MAR from Equal-Weight to Overweight. Marriott Intl earned $0.26 in the first quarter, compared to $1.41 in the year-ago quarter. The stock has a 52-week-high of $153.39 and a 52-week-low of $46.56. Marriott Intl's stock last closed at $89.68 per share.
Goldman Sachs changed the rating for Post Holdings Inc POST from Neutral to Buy. In the second quarter, Post Holdings showed an EPS of $0.65, compared to $1.28 from the year-ago quarter. The stock has a 52-week-high of $112.89 and a 52-week-low of $68.97. Post Holdings stock last closed at $89.68 per share.

Downgrades

For American Express Co AXP, UBS downgraded the stock from Neutral to Sell. For the first quarter, American Express had an EPS of $1.98, compared to year-ago quarter EPS of $2.01. The stock has a 52-week-high of $138.13 and a 52-week-low of $67.00. American Express's stock last closed at $100.89 per share.
Stifel downgraded the stock for ACM Research Inc ACMR from Buy to Hold. For the first quarter, ACM Research had an EPS of $0.11, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $69.25 and a 52-week-low of $12.51. ACM Research's stock last closed at $60.43 per share.
Barclays changed the rating for Biogen Inc BIIB from Overweight to Equal-Weight. Biogen earned $9.14 in the first quarter, compared to $6.98 in the year-ago quarter. The stock has a 52-week-high of $374.99 and a 52-week-low of $215.78. Biogen's stock last closed at $271.00 per share.
Redburn changed the rating for Carnival Corp CCL from Buy to Neutral. For the second quarter, Carnival had an EPS of ($3.30), compared to year-ago quarter EPS of $0.66. The stock has a 52-week-high of $53.29 and a 52-week-low of $7.80. Carnival's stock last closed at $17.84 per share.
Barclays downgraded the stock for Cirrus Logic Inc CRUS from Equal-Weight to Underweight. In the fourth quarter, Cirrus Logic showed an EPS of $0.68, compared to $0.37 from the year-ago quarter. The stock has a 52-week-high of $91.63 and a 52-week-low of $40.65. Cirrus Logic's stock last closed at $62.54 per share.
For Foot Locker Inc FL, B. Riley FBR downgraded the stock from Buy to Neutral. Foot Locker earned ($0.67) in the first quarter, compared to $1.53 in the year-ago quarter. The stock has a 52-week-high of $47.86 and a 52-week-low of $17.46. Foot Locker's stock last closed at $28.06 per share.
Exane BNP Paribas downgraded the stock for International Flavors & Fragrances Inc IFF from Neutral to Underperform. In the first quarter, Intl Flavors & Fragrances showed an EPS of $1.62, compared to $1.57 from the year-ago quarter. The stock has a 52-week-high of $151.02 and a 52-week-low of $92.14. Intl Flavors & Fragrances's stock last closed at $126.00 per share.
Goldman Sachs changed the rating for The Kraft Heinz Co KHC from Neutral to Sell. Kraft Heinz earned $0.58 in the first quarter. The stock has a 52-week-high of $34.00 and a 52-week-low of $19.99. Kraft Heinz's stock last closed at $33.48 per share.
For KLA Corp KLAC, Stifel downgraded the stock from Buy to Hold. For the third quarter, KLA had an EPS of $2.47, compared to year-ago quarter EPS of $1.80. The stock has a 52-week-high of $197.50 and a 52-week-low of $110.19. KLA's stock last closed at $193.10 per share.
Stifel downgraded the stock for Lam Research Corp LRCX from Buy to Hold. In the third quarter, Lam Research showed an EPS of $3.98, compared to $3.70 from the year-ago quarter. The stock has a 52-week-high of $344.32 and a 52-week-low of $175.58. Lam Research's stock last closed at $315.25 per share.
Goldman Sachs downgraded the stock for Murphy Oil Corp MUR from Buy to Neutral. For the first quarter, Murphy Oil had an EPS of ($0.30), compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $28.12 and a 52-week-low of $4.50. Murphy Oil's stock last closed at $15.14 per share.
Redburn downgraded the stock for Norwegian Cruise Line Holdings Ltd NCLH from Buy to Neutral. Interestingly, in the first quarter, Norwegian Cruise Line's EPS was ($0.99). The stock has a 52-week-high of $59.78 and a 52-week-low of $7.03. Norwegian Cruise Line's stock last closed at $18.22 per share.
Stifel changed the rating for Nova Measuring Instruments Ltd NVMI from Buy to Hold. In the first quarter, Nova Measuring showed an EPS of $0.47, compared to $0.37 from the year-ago quarter. The stock has a 52-week-high of $51.23 and a 52-week-low of $24.79. Nova Measuring's stock last closed at $48.09 per share.
For Photronics Inc PLAB, Stifel downgraded the stock from Buy to Hold. In the second quarter, Photronics showed an EPS of $0.10, compared to $0.13 from the year-ago quarter. The stock has a 52-week-high of $16.75 and a 52-week-low of $7.95. Photronics's stock last closed at $11.30 per share.
Redburn downgraded the stock for Royal Caribbean Cruises Ltd RCL from Buy to Neutral. For the first quarter, Royal Caribbean Cruises had an EPS of ($1.48), compared to year-ago quarter EPS of $1.31. The stock has a 52-week-high of $135.31 and a 52-week-low of $19.25. Royal Caribbean Cruises's stock last closed at $55.34 per share.
JP Morgan downgraded the stock for Southern Copper Corp SCCO from Neutral to Underweight. In the first quarter, Southern Copper showed an EPS of $0.28, compared to $0.50 from the year-ago quarter. 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 $37.80 per share.
JP Morgan changed the rating for Ternium SA TX from Overweight to Neutral. Ternium earned ($0.06) in the first quarter, compared to $1.11 in the year-ago quarter. The stock has a 52-week-high of $23.65 and a 52-week-low of $9.59. Ternium's stock last closed at $15.89 per share.
Goldman Sachs downgraded the stock for Marathon Oil Corp MRO from Neutral to Sell. In the first quarter, Marathon Oil showed an EPS of ($0.16), compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $14.70 and a 52-week-low of $3.02. Marathon Oil's stock last closed at $6.35 per share.
For Albemarle Corp ALB, KeyBanc downgraded the stock from Sector Weight to Underweight. For the first quarter, Albemarle had an EPS of $1.00, compared to year-ago quarter EPS of $1.23. The stock has a 52-week-high of $99.40 and a 52-week-low of $48.89. Albemarle's stock last closed at $78.34 per share.

Initiations

With a rating of Buy, UBS initiated coverage on Carrier Global Corp CARR. The price target is set at $26.00 for Carrier Global. The stock has a 52-week-high of $24.40 and a 52-week-low of $12.26. Carrier Global's stock last closed at $21.44 per share.
B of A Securities initiated coverage on ChampionX Corp CHX with a Buy rating. The price target for ChampionX is set at $12.00. The stock has a 52-week-high of $13.95 and a 52-week-low of $9.57. ChampionX's stock last closed at $9.76 per share.
With a rating of Buy, ThinkEquity initiated coverage on DarioHealth Corp DRIO. The price target is set at $10.00 for DarioHealth. For the first quarter, DarioHealth had an EPS of ($1.57), compared to year-ago quarter EPS of ($0.15). The stock has a 52-week-high of $11.25 and a 52-week-low of $0.20. DarioHealth's stock last closed at $6.53 per share.
HC Wainwright & Co. initiated coverage on Aprea Therapeutics Inc APRE with a Neutral rating. The price target for Aprea Therapeutics is set at $30.00. Aprea Therapeutics earned ($0.45) in the first quarter, compared to ($2.97) in the year-ago quarter. The stock has a 52-week-high of $53.11 and a 52-week-low of $18.55. Aprea Therapeutics's stock last closed at $37.90 per share.
With a rating of Buy, Jefferies initiated coverage on DraftKings Inc DKNG. The price target is set at $55.00 for DraftKings. DraftKings earned ($0.16) in the first quarter. The stock has a 52-week-high of $44.79 and a 52-week-low of $18.00. DraftKings's stock last closed at $42.00 per share.
JP Morgan initiated coverage on Nikola Corp NKLA with a Neutral rating. The price target for Nikola is set at $45.00. The stock has a 52-week-high of $93.99 and a 52-week-low of $31.25. Nikola's stock last closed at $65.90 per share.