Benzinga's Top Upgrades, Downgrades For May 7, 2020

Upgrades

• B of A Securities upgraded the stock for BWX Technologies Inc BWXT from Underperform to Neutral. For the first quarter, BWX Technologies had an EPS of $0.79, compared to year-ago quarter EPS of $0.51. The stock has a 52-week-high of $70.57 and a 52-week-low of $40.40. BWX Technologies's stock last closed at $55.75 per share.
• Deutsche Bank changed the rating for General Motors Co GM from Hold to Buy. General Motors earned $0.62 in the first quarter, compared to $1.41 in the year-ago quarter. The stock has a 52-week-high of $41.90 and a 52-week-low of $14.32. General Motors's stock last closed at $21.89 per share.
• Raymond James upgraded the stock for National Fuel Gas Co NFG from Market Perform to Outperform. For the second quarter, National Fuel Gas had an EPS of $0.97, compared to year-ago quarter EPS of $1.07. The stock has a 52-week-high of $58.37 and a 52-week-low of $31.58. National Fuel Gas's stock last closed at $38.71 per share.
• HSBC upgraded the stock for Tapestry Inc TPR from Hold to Buy. For the third quarter, Tapestry had an EPS of ($0.27), compared to year-ago quarter EPS of $0.42. The stock has a 52-week-high of $36.06 and a 52-week-low of $10.18. Tapestry's stock last closed at $14.07 per share.
• Craig-Hallum changed the rating for nLight Inc LASR from Hold to Buy. For the first quarter, nLight had an EPS of ($0.08), compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $26.06 and a 52-week-low of $9.04. nLight's stock last closed at $17.89 per share.
• For National Fuel Gas Co NFG, ScotiaBank upgraded the stock from Sector Perform to Sector Outperform. National Fuel Gas earned $0.97 in the second quarter, compared to $1.07 in the year-ago quarter. The stock has a 52-week-high of $58.37 and a 52-week-low of $31.58. National Fuel Gas's stock last closed at $38.71 per share.
• SunTrust Robinson Humphrey upgraded the stock for Occidental Petroleum Corp OXY from Sell to Hold. Occidental Petroleum earned ($0.52) in the first quarter, compared to $0.84 in the year-ago quarter. The stock has a 52-week-high of $60.73 and a 52-week-low of $9.00. Occidental Petroleum's stock last closed at $13.39 per share.
• For Ashland Global Holdings Inc ASH, JP Morgan upgraded the stock from Underweight to Neutral. In the second quarter, Ashland Global Holdings showed an EPS of $0.84, compared to $0.83 from the year-ago quarter. The stock has a 52-week-high of $81.82 and a 52-week-low of $38.88. Ashland Global Holdings's stock last closed at $59.19 per share.

Downgrades

• Canaccord Genuity downgraded the stock for Axogen Inc AXGN from Buy to Hold. In the first quarter, Axogen showed an EPS of ($0.19), compared to ($0.15) from the year-ago quarter. The stock has a 52-week-high of $25.34 and a 52-week-low of $7.16. Axogen's stock last closed at $9.89 per share.
• Wells Fargo changed the rating for Simon Property Group Inc SPG from Overweight to Equal-Weight. In the fourth quarter, Simon Property Group showed an EPS of $3.29, compared to $3.23 from the year-ago quarter. The stock has a 52-week-high of $179.09 and a 52-week-low of $42.25. Simon Property Group's stock last closed at $55.72 per share.
• For Shopify Inc SHOP, DA Davidson downgraded the stock from Buy to Neutral. In the first quarter, Shopify showed an EPS of $0.19, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $739.24 and a 52-week-low of $242.23. Shopify's stock last closed at $733.50 per share.
• For Compass Minerals International Inc CMP, JP Morgan downgraded the stock from Overweight to Neutral. Compass Minerals Intl earned $0.80 in the first quarter, compared to $0.22 in the year-ago quarter. The stock has a 52-week-high of $66.14 and a 52-week-low of $34.39. Compass Minerals Intl's stock last closed at $45.98 per share.
• Canaccord Genuity downgraded the stock for SolarEdge Technologies Inc SEDG from Buy to Hold. For the first quarter, SolarEdge Technologies had an EPS of $0.95, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $143.73 and a 52-week-low of $43.10. SolarEdge Technologies's stock last closed at $125.75 per share.
• Piper Sandler downgraded the stock for Lyft Inc LYFT from Overweight to Neutral. Interestingly, in the first quarter, Lyft's EPS was ($0.32). The stock has a 52-week-high of $68.33 and a 52-week-low of $14.56. Lyft's stock last closed at $26.12 per share.

Initiations

• Needham initiated coverage on Dynatrace Inc DT with a Buy rating. The price target for Dynatrace is set at $36.00. Dynatrace earned $0.10 in the third quarter. The stock has a 52-week-high of $37.06 and a 52-week-low of $17.05. Dynatrace's stock last closed at $29.85 per share.
• With a rating of Buy, Ladenburg Thalmann initiated coverage on Usio Inc USIO. The price target is set at $4.50 for Usio. Usio earned ($0.12) in the fourth quarter, compared to ($0.07) in the year-ago quarter. The stock has a 52-week-high of $3.45 and a 52-week-low of $0.75. Usio's stock last closed at $1.36 per share.
• SVB Leerink initiated coverage on Compugen Ltd CGEN with an Outperform rating. The price target for Compugen is set at $15.00. For the first quarter, Compugen had an EPS of ($0.10), compared to year-ago quarter EPS of ($0.14). The stock has a 52-week-high of $15.30 and a 52-week-low of $2.73. Compugen's stock last closed at $13.22 per share.