Benzinga's Top Upgrades, Downgrades For August 26, 2019

Upgrades

Seaport Global changed the rating for Canopy Growth Corp CGC from Neutral to Buy. For the first quarter, Canopy Growth had an EPS of ($0.23), compared to year-ago quarter EPS of ($0.30). The stock has a 52-week-high of $59.25 and a 52-week-low of $24.39. Canopy Growth's stock last closed at $24.89 per share.
Raymond James changed the rating for DISH Network Corp DISH from Market Perform to Strong Buy. In the second quarter, DISH Network showed an EPS of $0.60, compared to $0.83 from the year-ago quarter. DISH Network's market cap stands at $14.9 billion. The stock has a 52-week-high of $44.66 and a 52-week-low of $23.22. DISH Network's stock last closed at $31.04 per share.
For DTE Energy Co DTE, Wells Fargo upgraded the stock from Market Perform to Outperform. For the second quarter, DTE Energy had an EPS of $0.99, compared to year-ago quarter EPS of $1.36. The stock has a 52-week-high of $132.09 and a 52-week-low of $106.41. DTE Energy's stock last closed at $128.41 per share.
KeyBanc upgraded the stock for Inovalon Holdings Inc INOV from Sector Weight to Overweight. Inovalon Holdings earned $0.13 in the second quarter, compared to $0.13 in the year-ago quarter. The current market cap for Inovalon Holdings is at $2.3 billion. The stock has a 52-week-high of $17.70 and a 52-week-low of $9.19. Inovalon Holdings's stock last closed at $15.64 per share.
Guggenheim changed the rating for Lyft Inc LYFT from Neutral to Buy. Interestingly, in the second quarter, Lyft's EPS was ($0.68). The stock has a 52-week-high of $88.60 and a 52-week-low of $47.17. Lyft's stock last closed at $49.11 per share.
Cowen & Co. changed the rating for NetApp Inc NTAP from Underperform to Market Perform. NetApp earned $0.65 in the first quarter, compared to $1.04 in the year-ago quarter. The stock has a 52-week-high of $88.08 and a 52-week-low of $44.55. NetApp's stock last closed at $45.43 per share.
For NorthWestern Corp NWE, Williams Capital upgraded the stock from Sell to Hold. NorthWestern earned $0.50 in the second quarter, compared to $0.63 in the year-ago quarter. The total market value of NorthWestern's outstanding shares is at $974.3 million. The stock has a 52-week-high of $74.47 and a 52-week-low of $56.23. NorthWestern's stock last closed at $70.60 per share.
Morgan Stanley upgraded the stock for VICI Properties Inc VICI from Equal-Weight to Overweight. For the second quarter, VICI Properties had an EPS of $0.38, compared to year-ago quarter EPS of $0.35. The current market cap for VICI Properties is at $6.7 billion. The stock has a 52-week-high of $23.27 and a 52-week-low of $17.64. VICI Properties's stock last closed at $21.00 per share.

Downgrades

Ladenburg Thalmann downgraded the stock for Abraxas Petroleum Corp AXAS from Buy to Neutral. For the second quarter, Abraxas Petroleum had an EPS of $0.02, compared to year-ago quarter EPS of $0.02. The total market value of Abraxas Petroleum's outstanding shares is at $199.7 million. The stock has a 52-week-high of $2.57 and a 52-week-low of $0.43. Abraxas Petroleum's stock last closed at $0.50 per share.
KeyBanc changed the rating for Carbon Black Inc CBLK from Overweight to Sector Weight. For the second quarter, Carbon Black had an EPS of ($0.13), compared to year-ago quarter EPS of ($0.35). Carbon Black's market cap stands at $1.0 billion. The stock has a 52-week-high of $26.14 and a 52-week-low of $11.80. Carbon Black's stock last closed at $26.05 per share.
Piper Jaffray downgraded the stock for Cree Inc CREE from Neutral to Underweight. Cree earned $0.11 in the fourth quarter, compared to $0.11 in the year-ago quarter. Cree's market cap stands at $5.6 billion. The stock has a 52-week-high of $69.21 and a 52-week-low of $33.72. Cree's stock last closed at $47.10 per share.
Bank of America downgraded the stock for Elanco Animal Health Inc ELAN from Buy to Neutral. Interestingly, in the second quarter, Elanco Animal Health's EPS was $0.28. The total market value of Elanco Animal Health's outstanding shares is at $12.2 billion. The stock has a 52-week-high of $37.61 and a 52-week-low of $26.20. Elanco Animal Health's stock last closed at $26.42 per share.
For Foot Locker Inc FL, Baird downgraded the stock from Outperform to Neutral. Foot Locker earned $0.66 in the second quarter, compared to $0.75 in the year-ago quarter. The total market value of Foot Locker's outstanding shares is at $4.2 billion. The stock has a 52-week-high of $68.00 and a 52-week-low of $33.74. Foot Locker's stock last closed at $33.99 per share.
Susquehanna changed the rating for Foot Locker Inc FL from Positive to Neutral. For the second quarter, Foot Locker had an EPS of $0.66, compared to year-ago quarter EPS of $0.75. Foot Locker's market cap stands at $4.2 billion. The stock has a 52-week-high of $68.00 and a 52-week-low of $33.74. Foot Locker's stock last closed at $33.99 per share.
Desjardins changed the rating for Golden Star Resources Ltd GSS from Buy to Hold. Golden Star Resources earned $0.01 in the third quarter, compared to $0.05 in the year-ago quarter. The current market cap for Golden Star Resources is at $360.3 million. The stock has a 52-week-high of $4.97 and a 52-week-low of $2.43. Golden Star Resources's stock last closed at $2.92 per share.
For HighPoint Resources Corp HPR, Ladenburg Thalmann downgraded the stock from Buy to Neutral. HighPoint Resources earned ($0.07) in the second quarter, compared to ($0.02) in the year-ago quarter. HighPoint Resources's market cap stands at $267.3 million. The stock has a 52-week-high of $5.67 and a 52-week-low of $0.91. HighPoint Resources's stock last closed at $1.16 per share.
For Lexington Realty Trust LXP, Wells Fargo downgraded the stock from Outperform to Market Perform. For the second quarter, Lexington Realty had an EPS of $0.20, compared to year-ago quarter EPS of $0.25. Lexington Realty's market cap stands at $1.8 billion. The stock has a 52-week-high of $10.67 and a 52-week-low of $7.66. Lexington Realty's stock last closed at $10.42 per share.
For Oasis Petroleum Inc OAS, Ladenburg Thalmann downgraded the stock from Buy to Neutral. In the second quarter, Oasis Petroleum showed an EPS of $0.03, compared to $0.10 from the year-ago quarter. The total market value of Oasis Petroleum's outstanding shares is at $4.2 billion. The stock has a 52-week-high of $14.57 and a 52-week-low of $2.41. Oasis Petroleum's stock last closed at $3.02 per share.
Credit Suisse downgraded the stock for Pivotal Software Inc PVTL from Outperform to Neutral. Pivotal Software earned ($0.03) in the first quarter, compared to ($0.10) in the year-ago quarter. Pivotal Software's market cap stands at $5.2 billion. The stock has a 52-week-high of $29.15 and a 52-week-low of $8.03. Pivotal Software's stock last closed at $14.86 per share.
Ladenburg Thalmann downgraded the stock for Range Resources Corp RRC from Buy to Neutral. For the second quarter, Range Resources had an EPS of $0.02, compared to year-ago quarter EPS of $0.20. The stock has a 52-week-high of $18.59 and a 52-week-low of $3.73. Range Resources's stock last closed at $3.77 per share.
Longbow Research changed the rating for Steel Dynamics Inc STLD from Buy to Neutral. In the second quarter, Steel Dynamics showed an EPS of $0.87, compared to $1.53 from the year-ago quarter. The current market cap for Steel Dynamics is at $6.9 billion. The stock has a 52-week-high of $48.17 and a 52-week-low of $25.02. Steel Dynamics's stock last closed at $26.54 per share.

Initiations

With a rating of Buy, Dawson James initiated coverage on Athersys Inc ATHX. The price target is set at $11.00 for Athersys. For the second quarter, Athersys had an EPS of ($0.06), compared to year-ago quarter EPS of $0.05. The current market cap for Athersys is at $138.2 million. The stock has a 52-week-high of $2.23 and a 52-week-low of $1.20. Athersys's stock last closed at $1.27 per share.
With a rating of Buy, Canaccord Genuity initiated coverage on Avalara Inc AVLR. The price target is set at $100.00 for Avalara. Interestingly, in the second quarter, Avalara's EPS was ($0.03). The current market cap for Avalara is at $3.4 billion. The stock has a 52-week-high of $94.31 and a 52-week-low of $28.09. Avalara's stock last closed at $86.08 per share.
Citi initiated coverage on Borr Drilling Ltd BORR with a Neutral rating. The price target for Borr Drilling is set at $6.00. The stock has a 52-week-high of $23.35 and a 52-week-low of $4.91. Borr Drilling's stock last closed at $5.13 per share.
UBS initiated coverage on Dynatrace Inc DT with a Buy rating. The price target for Dynatrace is set at $33.00. Dynatrace's market cap stands at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
For Dynatrace Inc DT, William Blair initiated coverage, by setting the current rating at Outperform. The current market cap for Dynatrace is at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
Jefferies initiated coverage on Dynatrace Inc DT with a Hold rating. The price target for Dynatrace is set at $23.00. The total market value of Dynatrace's outstanding shares is at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
KeyBanc initiated coverage on Dynatrace Inc DT with an Overweight rating. The price target for Dynatrace is set at $30.00. The current market cap for Dynatrace is at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
JP Morgan initiated coverage on Dynatrace Inc DT with an Overweight rating. The price target for Dynatrace is set at $30.00. The current market cap for Dynatrace is at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
Barclays initiated coverage on Dynatrace Inc DT with an Overweight rating. The price target for Dynatrace is set at $30.00. Dynatrace's market cap stands at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
With a rating of Neutral, Goldman Sachs initiated coverage on Dynatrace Inc DT. The price target is set at $26.00 for Dynatrace. Dynatrace's market cap stands at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
JMP Securities initiated coverage on Dynatrace Inc DT with a Market Outperform rating. The price target for Dynatrace is set at $30.00. The total market value of Dynatrace's outstanding shares is at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
RBC Capital initiated coverage on Dynatrace Inc DT with an Outperform rating. The price target for Dynatrace is set at $28.00. The total market value of Dynatrace's outstanding shares is at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
Canaccord Genuity initiated coverage on Dynatrace Inc DT with a Buy rating. The price target for Dynatrace is set at $30.00. The total market value of Dynatrace's outstanding shares is at $6.5 billion. The stock has a 52-week-high of $27.48 and a 52-week-low of $20.46. Dynatrace's stock last closed at $23.87 per share.
With a rating of Buy, Dawson James initiated coverage on Fortress Biotech Inc FBIO. The price target is set at $19.00 for Fortress Biotech. Fortress Biotech earned ($0.54) in the first quarter, compared to ($0.49) in the year-ago quarter. The current market cap for Fortress Biotech is at $175.9 million. The stock has a 52-week-high of $2.59 and a 52-week-low of $0.49. Fortress Biotech's stock last closed at $1.58 per share.
Citi initiated coverage on GTY Technology Holdings Inc GTYH with a Neutral rating. The price target for GTY Technology Holdings is set at $7.00. The current market cap for GTY Technology Holdings is at $363.7 million. The stock has a 52-week-high of $12.24 and a 52-week-low of $5.32. GTY Technology Holdings's stock last closed at $6.15 per share.
Morgan Stanley initiated coverage on iHeartMedia Inc IHRT with a Equal-Weight rating. The price target for iHeartMedia is set at $15.00. In the second quarter, iHeartMedia earned $0.77. The stock has a 52-week-high of $19.00 and a 52-week-low of $12.72. iHeartMedia's stock last closed at $13.07 per share.
BMO Capital initiated coverage on Kura Sushi USA Inc KRUS with an Outperform rating. The price target for Kura Sushi USA is set at $30.00. The total market value of Kura Sushi USA's outstanding shares is at $181.7 million. The stock has a 52-week-high of $28.16 and a 52-week-low of $14.75. Kura Sushi USA's stock last closed at $23.64 per share.
With a rating of Overweight, Stephens & Co. initiated coverage on Kura Sushi USA Inc KRUS. The price target is set at $30.00 for Kura Sushi USA. Kura Sushi USA's market cap stands at $181.7 million. The stock has a 52-week-high of $28.16 and a 52-week-low of $14.75. Kura Sushi USA's stock last closed at $23.64 per share.
With a rating of Buy, BTIG initiated coverage on Kura Sushi USA Inc KRUS. The price target is set at $30.00 for Kura Sushi USA. The current market cap for Kura Sushi USA is at $181.7 million. The stock has a 52-week-high of $28.16 and a 52-week-low of $14.75. Kura Sushi USA's stock last closed at $23.64 per share.
Barclays initiated coverage on New Relic Inc NEWR with a Equal-Weight rating. The price target for New Relic is set at $63.00. For the first quarter, New Relic had an EPS of $0.19, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $113.34 and a 52-week-low of $55.60. New Relic's stock last closed at $58.51 per share.
For Seattle Genetics Inc SGEN, BTIG initiated coverage, by setting the current rating at Neutral. For the second quarter, Seattle Genetics had an EPS of ($0.49), compared to year-ago quarter EPS of ($0.18). Seattle Genetics's market cap stands at $11.7 billion. The stock has a 52-week-high of $84.37 and a 52-week-low of $50.71. Seattle Genetics's stock last closed at $76.29 per share.
CIBC initiated coverage on Sundial Growers Inc SNDL with a Neutral rating. The price target for Sundial Growers is set at $11.00. The stock has a 52-week-high of $13.22 and a 52-week-low of $7.66. Sundial Growers's stock last closed at $9.64 per share.
With a rating of Market Perform, BMO Capital initiated coverage on Sundial Growers Inc SNDL. The price target is set at $12.00 for Sundial Growers. The stock has a 52-week-high of $13.22 and a 52-week-low of $7.66. Sundial Growers's stock last closed at $9.64 per share.