Benzinga's Top Upgrades, Downgrades For July 30, 2019

Upgrades

For AMC Networks Inc AMCX, Wolfe Research upgraded the previous rating of Underperform to the current rating Peer Perform. For the first quarter, AMC Networks had an EPS of $2.64, compared to year-ago quarter EPS of $2.65. AMC Networks's market cap stands at $3.0 B. At the moment, the stock has a 52-week-high of $68.42 and a 52-week-low of $51.04. AMC Networks closed at $52.87 at the end of the last trading period.
For Genomic Health Inc GHDX, Barclays upgraded the previous rating of Underweight to the current rating Equal-Weight. For the second quarter, Genomic Health had an EPS of $0.42, compared to year-ago quarter EPS of $0.26. Genomic Health's market cap stands at $2.7 B. The current stock performance of Genomic Health shows a 52-week-high of $92.18 and a 52-week-low of $50.77. Moreover, at the end of the last trading period, the closing price was at $73.07.
According to B. Riley, the prior rating for Intevac Inc IVAC was changed from Neutral to Buy. In the second quarter, Intevac showed an EPS of ($0.05), compared to ($0.01) from the year-ago quarter. The current market cap for Intevac is at $109.7 M. At the moment, the stock has a 52-week-high of $6.54 and a 52-week-low of $4.21. Intevac closed at $4.78 at the end of the last trading period.
For Jones Lang LaSalle Inc JLL, UBS upgraded the previous rating of Neutral to the current rating Buy. For the first quarter, Jones Lang LaSalle had an EPS of $0.89, compared to year-ago quarter EPS of $0.97. The current market cap for Jones Lang LaSalle is at $7.3 B. The stock has a 52-week-high of $173.32 and a 52-week-low of $119.79. At the end of the last trading period, Jones Lang LaSalle closed at $142.83.
According to Buckingham Research, the prior rating for Mohawk Industries Inc MHK was changed from Underperform to Neutral. For the second quarter, Mohawk Industries had an EPS of $2.89, compared to year-ago quarter EPS of $3.51. Mohawk Industries's market cap stands at $9.0 B. At the moment, the stock has a 52-week-high of $196.30 and a 52-week-low of $109.35. Mohawk Industries closed at $124.42 at the end of the last trading period.
Daiwa Capital upgraded the previous rating for Melco Resorts and Entertainment Ltd MLCO from Outperform to Buy. Melco Resorts and Enter earned $0.24 in the second quarter, compared to $0.20 in the year-ago quarter. The current market cap for Melco Resorts and Enter is at $1.3 B. The stock has a 52-week-high of $26.97 and a 52-week-low of $15.33. At the end of the last trading period, Melco Resorts and Enter closed at $23.70.
For Micron Technology Inc MU, Morgan Stanley upgraded the previous rating of Underweight to the current rating Equal-Weight. Micron Technology earned $1.05 in the third quarter, compared to $3.15 in the year-ago quarter. The current market cap for Micron Technology is at $51.6 B. The current stock performance of Micron Technology shows a 52-week-high of $54.25 and a 52-week-low of $28.39. Moreover, at the end of the last trading period, the closing price was at $46.82.
According to Wedbush, the prior rating for OneMain Holdings Inc OMF was changed from Neutral to Outperform. In the second quarter, OneMain Holdings showed an EPS of $1.62, compared to $1.18 from the year-ago quarter. The total market value of OneMain Holdings's outstanding shares is at $4.8 B. The stock has a 52-week-high of $37.29 and a 52-week-low of $22.47. At the end of the last trading period, OneMain Holdings closed at $35.76.
For On Deck Capital Inc ONDK, BTIG Research upgraded the previous rating of Neutral to the current rating Buy. For the second quarter, On Deck Capital had an EPS of $0.09, compared to year-ago quarter EPS of $0.13. The current market cap for On Deck Capital is at $230.7 M. At the moment, the stock has a 52-week-high of $9.41 and a 52-week-low of $2.88. On Deck Capital closed at $3.03 at the end of the last trading period.
Benchmark upgraded the previous rating for Varonis Systems Inc VRNS from Hold to Buy. In the second quarter, Varonis Systems showed an EPS of ($0.30), compared to ($0.08) from the year-ago quarter. The total market value of Varonis Systems's outstanding shares is at $2.0 B. At the moment, the stock has a 52-week-high of $78.92 and a 52-week-low of $48.67. Varonis Systems closed at $69.38 at the end of the last trading period.
According to Barclays, the prior rating for Zimmer Biomet Holdings Inc ZBH was changed from Underweight to Equal-Weight. For the second quarter, Zimmer Biomet Holdings had an EPS of $1.93, compared to year-ago quarter EPS of $1.92. The total market value of Zimmer Biomet Holdings's outstanding shares is at $27.5 B. The current stock performance of Zimmer Biomet Holdings shows a 52-week-high of $136.22 and a 52-week-low of $96.99. Moreover, at the end of the last trading period, the closing price was at $134.50.

Downgrades

DA Davidson downgraded the previous rating for AppFolio Inc APPF from Neutral to Underperform. AppFolio earned $0.05 in the second quarter, compared to $0.21 in the year-ago quarter. The total market value of AppFolio's outstanding shares is at $3.5 B. The stock has a 52-week-high of $109.89 and a 52-week-low of $51.15. At the end of the last trading period, AppFolio closed at $103.18.
For Booz Allen Hamilton Holding Corp BAH, Wells Fargo downgraded the previous rating of Outperform to the current rating Market Perform. Booz Allen Hamilton earned $0.83 in the first quarter, compared to $0.72 in the year-ago quarter. The current market cap for Booz Allen Hamilton is at $10.0 B. The stock has a 52-week-high of $71.92 and a 52-week-low of $43.24. At the end of the last trading period, Booz Allen Hamilton closed at $71.56.
According to Raymond James, the prior rating for Casa Systems Inc CASA was changed from Market Perform to Underperform. In the first quarter, Casa Systems earned ($0.14). The current market cap for Casa Systems is at $572.5 M. At the moment, the stock has a 52-week-high of $16.75 and a 52-week-low of $5.46. Casa Systems closed at $6.83 at the end of the last trading period.
For Genomic Health Inc GHDX, Needham downgraded the previous rating of Strong Buy to the current rating Hold. In the second quarter, Genomic Health showed an EPS of $0.42, compared to $0.26 from the year-ago quarter. The total market value of Genomic Health's outstanding shares is at $2.7 B. The current stock performance of Genomic Health shows a 52-week-high of $92.18 and a 52-week-low of $50.77. Moreover, at the end of the last trading period, the closing price was at $73.07.
B. Riley downgraded the previous rating for Granite Construction Inc GVA from Buy to Neutral. Granite Construction earned ($0.57) in the first quarter, compared to ($0.13) in the year-ago quarter. The total market value of Granite Construction's outstanding shares is at $2.0 B. At the moment, the stock has a 52-week-high of $58.93 and a 52-week-low of $38.55. Granite Construction closed at $44.48 at the end of the last trading period.
According to Canaccord Genuity, the prior rating for Illumina Inc ILMN was changed from Buy to Hold. In the second quarter, Illumina showed an EPS of $1.35, compared to $1.43 from the year-ago quarter. The total market value of Illumina's outstanding shares is at $44.7 B. The stock has a 52-week-high of $380.76 and a 52-week-low of $268.62. At the end of the last trading period, Illumina closed at $304.41.
According to Telsey Advisory Group, the prior rating for IPic Entertainment Inc IPIC was changed from Market Perform to Underperform. IPic Entertainment earned ($1.25) in the first quarter. The current market cap for IPic Entertainment is at $13.7 M. The stock has a 52-week-high of $10.45 and a 52-week-low of $1.10. At the end of the last trading period, IPic Entertainment closed at $1.20.
For Kinder Morgan Inc KMI, BMO Capital downgraded the previous rating of Outperform to the current rating Market Perform. For the second quarter, Kinder Morgan had an EPS of $0.22, compared to year-ago quarter EPS of $0.21. The total market value of Kinder Morgan's outstanding shares is at $47.2 B. The stock has a 52-week-high of $21.50 and a 52-week-low of $14.62. At the end of the last trading period, Kinder Morgan closed at $20.90.
For McDonald's Corp MCD, DZ Bank downgraded the previous rating of Buy to the current rating Hold. For the second quarter, McDonald's had an EPS of $2.05, compared to year-ago quarter EPS of $1.99. McDonald's's market cap stands at $164.1 B. The stock has a 52-week-high of $218.96 and a 52-week-low of $153.13. At the end of the last trading period, McDonald's closed at $215.00.
For Pfizer Inc PFE, Morgan Stanley downgraded the previous rating of Overweight to the current rating Equal-Weight. Pfizer earned $0.80 in the second quarter, compared to $0.81 in the year-ago quarter. The current market cap for Pfizer is at $230.4 B. The stock has a 52-week-high of $46.47 and a 52-week-low of $38.14. At the end of the last trading period, Pfizer closed at $41.44.
Bank of America downgraded the previous rating for Pfizer Inc PFE from Buy to Neutral. Pfizer earned $0.80 in the second quarter, compared to $0.81 in the year-ago quarter. Pfizer's market cap stands at $230.4 B. The stock has a 52-week-high of $46.47 and a 52-week-low of $38.14. At the end of the last trading period, Pfizer closed at $41.44.
For Pieris Pharmaceuticals Inc PIRS, Baird downgraded the previous rating of Outperform to the current rating Neutral. For the first quarter, Pieris Pharmaceuticals had an EPS of ($0.20), compared to year-ago quarter EPS of ($0.17). Pieris Pharmaceuticals's market cap stands at $262.5 M. The stock has a 52-week-high of $6.04 and a 52-week-low of $2.39. At the end of the last trading period, Pieris Pharmaceuticals closed at $5.33.
Guggenheim downgraded the previous rating for uniQure NV QURE from Buy to Neutral. For the second quarter, uniQure had an EPS of ($0.83), compared to year-ago quarter EPS of ($0.57). The current market cap for uniQure is at $2.3 B. The current stock performance of uniQure shows a 52-week-high of $82.49 and a 52-week-low of $21.98. Moreover, at the end of the last trading period, the closing price was at $62.03.
Barclays downgraded the previous rating for Safehold Inc SAFE from Overweight to Underweight. Safehold earned $0.18 in the second quarter, compared to $0.17 in the year-ago quarter. Safehold's market cap stands at $1.0 B. At the moment, the stock has a 52-week-high of $34.14 and a 52-week-low of $16.13. Safehold closed at $33.46 at the end of the last trading period.
For Sinclair Broadcast Group Inc SBGI, Evercore ISI Group downgraded the previous rating of Outperform to the current rating In-Line. In the first quarter, Sinclair Broadcast Group showed an EPS of $0.25, compared to $0.42 from the year-ago quarter. Sinclair Broadcast Group's market cap stands at $4.8 B. The stock has a 52-week-high of $66.57 and a 52-week-low of $25.12. At the end of the last trading period, Sinclair Broadcast Group closed at $53.00.
For Simpson Manufacturing Co Inc SSD, Sidoti & Co. downgraded the previous rating of Buy to the current rating Neutral. Simpson Manufacturing Co earned $0.88 in the second quarter, compared to $0.94 in the year-ago quarter. The current market cap for Simpson Manufacturing Co is at $2.9 B. The stock has a 52-week-high of $78.36 and a 52-week-low of $49.54. At the end of the last trading period, Simpson Manufacturing Co closed at $65.55.
According to DA Davidson, the prior rating for SS&C Technologies Holdings Inc SSNC was changed from Buy to Neutral. In the second quarter, SS&C Technologies Hldgs showed an EPS of $0.91, compared to $0.62 from the year-ago quarter. The current market cap for SS&C Technologies Hldgs is at $15.1 B. At the moment, the stock has a 52-week-high of $67.73 and a 52-week-low of $40.96. SS&C Technologies Hldgs closed at $59.69 at the end of the last trading period.
For TransUnion TRU, Atlantic Equities downgraded the previous rating of Overweight to the current rating Neutral. In the second quarter, TransUnion showed an EPS of $0.69, compared to $0.62 from the year-ago quarter. TransUnion's market cap stands at $15.6 B. The current stock performance of TransUnion shows a 52-week-high of $84.71 and a 52-week-low of $52.15. Moreover, at the end of the last trading period, the closing price was at $83.15.

Initiations

With a current rating of Overweight, Stephens & Co. initiated coverage on Avalara Inc AVLR. The price target seems to have been set at $105.00 for Avalara. Avalara earned ($0.01) in the first quarter. Avalara's market cap stands at $5.7 B. The stock has a 52-week-high of $87.07 and a 52-week-low of $28.09. At the end of the last trading period, Avalara closed at $82.61.
For CDW Corp CDW, Bank of America initiated coverage, by setting the current rating at Buy. In the first quarter, CDW showed an EPS of $1.24, compared to $1.05 from the year-ago quarter. The current market cap for CDW is at $16.4 B. The stock has a 52-week-high of $116.47 and a 52-week-low of $74.32. At the end of the last trading period, CDW closed at $112.91.
With a current rating of Buy, Brookline Capital initiated coverage on Cellectar Biosciences Inc CLRB. The price target seems to have been set at $6.00 for Cellectar Biosciences. For the first quarter, Cellectar Biosciences had an EPS of ($0.76), compared to year-ago quarter EPS of ($0.21). Cellectar Biosciences's market cap stands at $20.1 M. At the moment, the stock has a 52-week-high of $4.28 and a 52-week-low of $1.22. Cellectar Biosciences closed at $2.14 at the end of the last trading period.
SunTrust Robinson Humphrey initiated coverage on Devon Energy Corp DVN with a Buy rating. For the first quarter, Devon Energy had an EPS of $0.36, compared to year-ago quarter EPS of $0.20. Devon Energy's market cap stands at $10.5 B. The current stock performance of Devon Energy shows a 52-week-high of $45.44 and a 52-week-low of $20.37. Moreover, at the end of the last trading period, the closing price was at $25.51.
SunTrust Robinson Humphrey initiated coverage on Encana Corp ECA with a Hold rating. The price target for Encana is set to $4.00. In the first quarter, Encana showed an EPS of $0.14, compared to $0.16 from the year-ago quarter. Encana's market cap stands at $5.7 B. The current stock performance of Encana shows a 52-week-high of $14.28 and a 52-week-low of $4.04. Moreover, at the end of the last trading period, the closing price was at $4.12.
For Fanhua Inc FANH, Morgan Stanley initiated coverage, by setting the current rating at Overweight. In the first quarter, Fanhua showed an EPS of $0.39, compared to $0.32 from the year-ago quarter. Fanhua's market cap stands at $2.1 B. The current stock performance of Fanhua shows a 52-week-high of $35.55 and a 52-week-low of $19.39. Moreover, at the end of the last trading period, the closing price was at $33.19.
JP Morgan initiated coverage on Freshpet Inc FRPT with a Neutral rating. The price target for Freshpet is set to $46.00. For the first quarter, Freshpet had an EPS of ($0.10), compared to year-ago quarter EPS of ($0.10). Freshpet's market cap stands at $1.5 B. The stock has a 52-week-high of $51.85 and a 52-week-low of $25.80. At the end of the last trading period, Freshpet closed at $44.32.
With a current rating of Buy, Brookline Capital initiated coverage on Heat Biologics Inc HTBX. The price target seems to have been set at $8.00 for Heat Biologics. Heat Biologics earned ($0.17) in the first quarter, compared to ($0.75) in the year-ago quarter. The current market cap for Heat Biologics is at $17.7 M. At the moment, the stock has a 52-week-high of $2.24 and a 52-week-low of $0.51. Heat Biologics closed at $0.52 at the end of the last trading period.
With a current rating of Buy, Ladenburg Thalmann initiated coverage on HyreCar Inc HYRE. The price target seems to have been set at $8.25 for HyreCar. HyreCar earned ($0.14) in the first quarter. HyreCar's market cap stands at $37.8 M. The stock has a 52-week-high of $8.03 and a 52-week-low of $1.54. At the end of the last trading period, HyreCar closed at $3.07.
With a current rating of Outperform, Noble Capital Markets initiated coverage on Kelly Services Inc KELYA. The price target seems to have been set at $32.00 for Kelly Services. Kelly Services earned $0.40 in the first quarter, compared to $0.32 in the year-ago quarter. The total market value of Kelly Services's outstanding shares is at $1.0 B. At the moment, the stock has a 52-week-high of $28.09 and a 52-week-low of $19.21. Kelly Services closed at $27.93 at the end of the last trading period.
With a current rating of Overweight, Stephens & Co. initiated coverage on Medallia Inc MDLA. The price target seems to have been set at $52.00 for Medallia. The total market value of Medallia's outstanding shares is at $5.1 B. The current stock performance of Medallia shows a 52-week-high of $44.72 and a 52-week-low of $32.05. Moreover, at the end of the last trading period, the closing price was at $42.32.
Brookline Capital initiated coverage on Progenics Pharmaceuticals Inc PGNX with a Buy rating. The price target for Progenics Pharmaceuticals is set to $10.00. For the first quarter, Progenics Pharmaceuticals had an EPS of ($0.22), compared to year-ago quarter EPS of ($0.19). Progenics Pharmaceuticals's market cap stands at $453.4 M. The current stock performance of Progenics Pharmaceuticals shows a 52-week-high of $9.42 and a 52-week-low of $3.62. Moreover, at the end of the last trading period, the closing price was at $5.25.
JMP Securities initiated coverage on RumbleON Inc RMBL with a Market Outperform rating. The price target for RumbleON is set to $10.00. In the first quarter, RumbleON showed an EPS of ($0.40), compared to ($0.28) from the year-ago quarter. RumbleON's market cap stands at $96.5 M. At the moment, the stock has a 52-week-high of $10.98 and a 52-week-low of $3.95. RumbleON closed at $4.20 at the end of the last trading period.
Stephens & Co. initiated coverage on SharpSpring Inc SHSP with a Equal-Weight rating. The price target for SharpSpring is set to $11.00. SharpSpring earned ($0.23) in the first quarter, compared to ($0.20) in the year-ago quarter. SharpSpring's market cap stands at $108.4 M. At the moment, the stock has a 52-week-high of $21.10 and a 52-week-low of $9.40. SharpSpring closed at $9.92 at the end of the last trading period.
SunTrust Robinson Humphrey initiated coverage on SM Energy Co SM with a Hold rating. The price target for SM Energy is set to $10.00. SM Energy earned ($0.34) in the first quarter, compared to $0.07 in the year-ago quarter. SM Energy's market cap stands at $998.9 M. The stock has a 52-week-high of $33.76 and a 52-week-low of $8.51. At the end of the last trading period, SM Energy closed at $8.90.
With a current rating of Outperform, Oppenheimer initiated coverage on Tencent Music Entertainment Group TME. The price target seems to have been set at $18.00 for Tencent Music. Interestingly, in the first quarter, Tencent Music's EPS was $0.11. The total market value of Tencent Music's outstanding shares is at $23.6 B. At the moment, the stock has a 52-week-high of $19.97 and a 52-week-low of $11.81. Tencent Music closed at $14.46 at the end of the last trading period.
With a current rating of Buy, Brookline Capital initiated coverage on Veru Inc VERU. The price target seems to have been set at $12.00 for Veru. In the second quarter, Veru showed an EPS of ($0.06), compared to ($0.07) from the year-ago quarter. The current market cap for Veru is at $140.0 M. The stock has a 52-week-high of $2.49 and a 52-week-low of $1.18. At the end of the last trading period, Veru closed at $2.23.
Evercore ISI Group initiated coverage on Viper Energy Partners LP VNOM with an Outperform rating. The price target for Viper Energy Partners is set to $38.00. For the second quarter, Viper Energy Partners had an EPS of No EPS Value , compared to year-ago quarter EPS of $0.37. Viper Energy Partners's market cap stands at $3.9 B. The current stock performance of Viper Energy Partners shows a 52-week-high of $44.00 and a 52-week-low of $22.76. Moreover, at the end of the last trading period, the closing price was at $29.58.
For Wingstop Inc WING, Northcoast Research initiated coverage, by setting the current rating at Sell. In the first quarter, Wingstop showed an EPS of $0.22, compared to $0.25 from the year-ago quarter. The total market value of Wingstop's outstanding shares is at $2.8 B. The stock has a 52-week-high of $99.76 and a 52-week-low of $47.83. At the end of the last trading period, Wingstop closed at $98.26.