Benzinga's Top Upgrades, Downgrades For September 8, 2020

Upgrades

SVB Leerink upgraded the previous rating for eHealth Inc EHTH from Market Perform to Outperform. For the second quarter, eHealth had an EPS of $0.07, compared to year-ago quarter EPS of $0.10. The current stock performance of eHealth shows a 52-week-high of $152.19 and a 52-week-low of $52.71. Moreover, at the end of the last trading period, the closing price was at $63.90.
Atlantic Equities upgraded the previous rating for AutoZone Inc AZO from Neutral to Overweight. In the third quarter, AutoZone showed an EPS of $14.39, compared to $15.99 from the year-ago quarter. The current stock performance of AutoZone shows a 52-week-high of $1274.41 and a 52-week-low of $684.91. Moreover, at the end of the last trading period, the closing price was at $1206.70.
Bernstein upgraded the previous rating for Farfetch Ltd FTCH from Underperform to Market Perform. For the second quarter, Farfetch had an EPS of $0.20, compared to year-ago quarter EPS of $0.15. The current stock performance of Farfetch shows a 52-week-high of $31.88 and a 52-week-low of $5.99. Moreover, at the end of the last trading period, the closing price was at $26.11.
For Hilton Grand Vacations Inc HGV, Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. For the second quarter, Hilton Grand Vacations had an EPS of $0.56, compared to year-ago quarter EPS of $0.43. The stock has a 52-week-high of $36.56 and a 52-week-low of $8.28. At the end of the last trading period, Hilton Grand Vacations closed at $22.72.
Deutsche Bank upgraded the previous rating for Dave & Buster's Entertainment Inc PLAY from Hold to Buy. In the first quarter, Dave & Buster's Enter showed an EPS of $1.01, compared to $1.13 from the year-ago quarter. The current stock performance of Dave & Buster's Enter shows a 52-week-high of $48.80 and a 52-week-low of $4.61. Moreover, at the end of the last trading period, the closing price was at $18.85.
For Wyndham Destinations Inc WYND, Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. Wyndham Destinations earned $1.11 in the second quarter, compared to $1.45 in the year-ago quarter. The stock has a 52-week-high of $53.13 and a 52-week-low of $13.74. At the end of the last trading period, Wyndham Destinations closed at $31.47.
JP Morgan upgraded the previous rating for Camping World Holdings Inc CWH from Neutral to Overweight. For the second quarter, Camping World Holdings had an EPS of $1.62, compared to year-ago quarter EPS of $0.54. At the moment, the stock has a 52-week-high of $42.49 and a 52-week-low of $3.40. Camping World Holdings closed at $30.43 at the end of the last trading period.
Barclays upgraded the previous rating for BT Group PLC BTGOF from Equal-Weight to Overweight. The stock has a 52-week-high of $1.65 and a 52-week-low of $1.19. At the end of the last trading period, BT Group closed at $1.35.
Piper Sandler upgraded the previous rating for Reinsurance Group of America Inc RGA from Neutral to Overweight. In the second quarter, Reinsurance Group showed an EPS of $1.36, compared to $3.31 from the year-ago quarter. The stock has a 52-week-high of $169.26 and a 52-week-low of $55.39. At the end of the last trading period, Reinsurance Group closed at $96.56.
Raymond James upgraded the previous rating for W.W. Grainger Inc GWW from Market Perform to Outperform. In the second quarter, W.W. Grainger showed an EPS of $3.75, compared to $4.64 from the year-ago quarter. The current stock performance of W.W. Grainger shows a 52-week-high of $371.87 and a 52-week-low of $200.61. Moreover, at the end of the last trading period, the closing price was at $357.91.

Downgrades

For ACM Research Inc ACMR, Needham downgraded the previous rating of Buy to the current rating Hold. In the second quarter, ACM Research showed an EPS of $0.29, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $113.87 and a 52-week-low of $12.51. At the end of the last trading period, ACM Research closed at $82.07.
According to Raymond James, the prior rating for Nokia Oyj NOK was changed from Strong Buy to Market Perform. In the second quarter, Nokia showed an EPS of $0.07, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.33 and a 52-week-low of $2.34. Nokia closed at $4.47 at the end of the last trading period.
SVB Leerink downgraded the previous rating for Moderna Inc MRNA from Market Perform to Underperform. For the second quarter, Moderna had an EPS of $0.31, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $95.21 and a 52-week-low of $13.53. Moderna closed at $62.60 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Baidu Inc BIDU was changed from Overweight to Equal-Weight. Baidu earned $2.08 in the second quarter, compared to $1.47 in the year-ago quarter. The stock has a 52-week-high of $147.38 and a 52-week-low of $82.00. At the end of the last trading period, Baidu closed at $122.87.
According to Oppenheimer, the prior rating for Constellation Pharmaceuticals Inc CNST was changed from Outperform to Perform. For the second quarter, Constellation had an EPS of $0.70, compared to year-ago quarter EPS of $0.80. At the moment, the stock has a 52-week-high of $59.49 and a 52-week-low of $6.01. Constellation closed at $21.27 at the end of the last trading period.
For PagSeguro Digital Ltd PAGS, Goldman Sachs downgraded the previous rating of Buy to the current rating Neutral. For the second quarter, PagSeguro Digital had an EPS of $0.17, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $53.35 and a 52-week-low of $13.58. At the end of the last trading period, PagSeguro Digital closed at $39.12.
For Roper Technologies Inc ROP, JP Morgan downgraded the previous rating of Neutral to the current rating Underweight. Roper Technologies earned $2.94 in the second quarter, compared to $3.07 in the year-ago quarter. The current stock performance of Roper Technologies shows a 52-week-high of $455.72 and a 52-week-low of $240.00. Moreover, at the end of the last trading period, the closing price was at $422.60.
According to Raymond James, the prior rating for Fastenal Co FAST was changed from Market Perform to Underperform. For the second quarter, Fastenal had an EPS of $0.42, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $49.86 and a 52-week-low of $26.71. At the end of the last trading period, Fastenal closed at $46.27.

Initiations

Morgan Stanley initiated coverage on Lockheed Martin Corp LMT with an Overweight rating. The price target for Lockheed Martin is set to $509.00. Lockheed Martin earned $5.79 in the second quarter, compared to $4.95 in the year-ago quarter. The stock has a 52-week-high of $442.53 and a 52-week-low of $266.11. At the end of the last trading period, Lockheed Martin closed at $385.00.
With a current rating of Overweight, Morgan Stanley initiated coverage on L3Harris Technologies Inc LHX. The price target seems to have been set at $248.00 for L3Harris Technologies. L3Harris Technologies earned $2.83 in the second quarter. The current stock performance of L3Harris Technologies shows a 52-week-high of $230.99 and a 52-week-low of $142.01. Moreover, at the end of the last trading period, the closing price was at $181.69.
Morgan Stanley initiated coverage on Boeing Co BA with an Underweight rating. The price target for Boeing is set to $181.00. In the second quarter, Boeing showed an EPS of $4.79, compared to $2.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $391.00 and a 52-week-low of $89.00. Boeing closed at $170.94 at the end of the last trading period.
With a current rating of Buy, HC Wainwright & Co. initiated coverage on Forma Therapeutics Holdings Inc FMTX. The price target seems to have been set at $53.00 for Forma Therapeutics Hldgs. Interestingly, in the second quarter, Forma Therapeutics Hldgs's EPS was $4.58. The current stock performance of Forma Therapeutics Hldgs shows a 52-week-high of $50.00 and a 52-week-low of $31.45. Moreover, at the end of the last trading period, the closing price was at $39.50.
SVB Leerink initiated coverage on Genmab A/S GMAB with a Market Perform rating. The price target for Genmab is set to $35.00. Genmab earned $7.58 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $38.57 and a 52-week-low of $16.24. At the end of the last trading period, Genmab closed at $35.02.
HC Wainwright & Co. initiated coverage on Envision Solar International Inc EVSI with a Buy rating. The price target for Envision Solar Intl is set to $30.00. For the second quarter, Envision Solar Intl had an EPS of $0.16, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $15.98 and a 52-week-low of $3.90. Envision Solar Intl closed at $11.65 at the end of the last trading period.
Needham initiated coverage on Duck Creek Technologies Inc DCT with a Buy rating. The price target for Duck Creek Technologies is set to $47.00. Duck Creek Technologies earned $0.63 in the second quarter, compared to $0.60 in the year-ago quarter. At the end of the last trading period, Duck Creek Technologies closed at $36.62.
With a current rating of Overweight, Morgan Stanley initiated coverage on Allegiant Travel Co ALGT. The price target seems to have been set at $175.00 for Allegiant Travel. In the second quarter, Allegiant Travel showed an EPS of $5.96, compared to $4.81 from the year-ago quarter. The current stock performance of Allegiant Travel shows a 52-week-high of $183.26 and a 52-week-low of $60.06. Moreover, at the end of the last trading period, the closing price was at $133.65.
Morgan Stanley initiated coverage on Alaska Air Group Inc ALK with a Equal-Weight rating. The price target for Alaska Air Group is set to $46.00. For the second quarter, Alaska Air Group had an EPS of $3.54, compared to year-ago quarter EPS of $2.17. The stock has a 52-week-high of $72.22 and a 52-week-low of $20.02. At the end of the last trading period, Alaska Air Group closed at $40.86.
Goldman Sachs initiated coverage on KE Holdings Inc BEKE with a Neutral rating. The price target for KE Holdings is set to $48.00. At the end of the last trading period, KE Holdings closed at $45.43.
With a current rating of Hold, Jefferies initiated coverage on CureVac NV CVAC. The price target seems to have been set at $58.00 for CureVac. Moreover, at the end of the last trading period, the closing price was at $63.45.
With a current rating of Overweight, Morgan Stanley initiated coverage on Delta Air Lines Inc DAL. The price target seems to have been set at $50.00 for Delta Air Lines. In the second quarter, Delta Air Lines showed an EPS of $4.43, compared to $2.35 from the year-ago quarter. At the moment, the stock has a 52-week-high of $62.48 and a 52-week-low of $17.51. Delta Air Lines closed at $31.77 at the end of the last trading period.
Citigroup initiated coverage on Eidos Therapeutics Inc EIDX with a Buy rating. The price target for Eidos Therapeutics is set to $80.00. In the second quarter, Eidos Therapeutics showed an EPS of $0.75, compared to $0.39 from the year-ago quarter. The current stock performance of Eidos Therapeutics shows a 52-week-high of $66.56 and a 52-week-low of $28.39. Moreover, at the end of the last trading period, the closing price was at $40.99.
Morgan Stanley initiated coverage on General Dynamics Corp GD with an Underweight rating. The price target for General Dynamics is set to $163.00. General Dynamics earned $2.18 in the second quarter, compared to $2.77 in the year-ago quarter. The stock has a 52-week-high of $193.76 and a 52-week-low of $100.55. At the end of the last trading period, General Dynamics closed at $151.74.
Morgan Stanley initiated coverage on JetBlue Airways Corp JBLU with an Overweight rating. The price target for JetBlue Airways is set to $16.00. In the second quarter, JetBlue Airways showed an EPS of $2.02, compared to $0.60 from the year-ago quarter. The current stock performance of JetBlue Airways shows a 52-week-high of $21.65 and a 52-week-low of $6.61. Moreover, at the end of the last trading period, the closing price was at $12.13.
With a current rating of Overweight, Morgan Stanley initiated coverage on Southwest Airlines Co LUV. The price target seems to have been set at $54.00 for Southwest Airlines. Southwest Airlines earned $2.67 in the second quarter, compared to $1.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.83 and a 52-week-low of $22.46. Southwest Airlines closed at $39.41 at the end of the last trading period.
Citigroup initiated coverage on Netstreit Corp NTST with a Neutral rating. The price target for Netstreit is set to $18.50. At the end of the last trading period, Netstreit closed at $18.32.
Wells Fargo initiated coverage on Roku Inc ROKU with an Overweight rating. The price target for Roku is set to $215.00. Roku earned $0.35 in the second quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $185.44 and a 52-week-low of $58.22. At the end of the last trading period, Roku closed at $159.91.
Morgan Stanley initiated coverage on United Airlines Holdings Inc UAL with an Underweight rating. The price target for United Airlines Holdings is set to $37.00. United Airlines Holdings earned $9.31 in the second quarter, compared to $4.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $95.16 and a 52-week-low of $17.80. United Airlines Holdings closed at $38.21 at the end of the last trading period.