Benzinga's Top Ratings Upgrades, Downgrades For May 19, 2021

Upgrades

For Agilysys Inc AGYS, Craig-Hallum upgraded the previous rating of Hold to Buy. Agilysys earned $0.21 in the fourth quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Agilysys shows a 52-week-high of $64.09 and a 52-week-low of $16.18. Moreover, at the end of the last trading period, the closing price was at $47.28.
Argus Research upgraded the previous rating for Tyson Foods Inc TSN from Hold to Buy. For the second quarter, Tyson Foods had an EPS of $1.34, compared to year-ago quarter EPS of $0.77. The current stock performance of Tyson Foods shows a 52-week-high of $81.79 and a 52-week-low of $55.28. Moreover, at the end of the last trading period, the closing price was at $79.86.
Citigroup upgraded the previous rating for Universal Display Corp OLED from Neutral to Buy. Universal Display earned $1.08 in the first quarter, compared to $0.80 in the year-ago quarter. The stock has a 52-week-high of $262.77 and a 52-week-low of $143.27. At the end of the last trading period, Universal Display closed at $202.41.
For Cognex Corp CGNX, Raymond James upgraded the previous rating of Outperform to Strong Buy. Cognex earned $0.36 in the first quarter, compared to $0.11 in the year-ago quarter. The stock has a 52-week-high of $101.82 and a 52-week-low of $53.65. At the end of the last trading period, Cognex closed at $73.45.
For Axon Enterprise Inc AXON, Raymond James upgraded the previous rating of Market Perform to Strong Buy. In the first quarter, Axon Enterprise earned $0.31. The current stock performance of Axon Enterprise shows a 52-week-high of $212.37 and a 52-week-low of $121.09. Moreover, at the end of the last trading period, the closing price was at $123.43.
For Coca-Cola Europacific Partners PLC CCEP, HSBC upgraded the previous rating of Hold to Buy. At the moment, the stock has a 52-week-high of $61.95 and a 52-week-low of $34.02. Coca-Cola Europacific closed at $60.49 at the end of the last trading period.
For QuickLogic Corp QUIK, Roth Capital upgraded the previous rating of Neutral to Buy. QuickLogic earned $0.12 in the first quarter, compared to $0.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.49 and a 52-week-low of $2.52. QuickLogic closed at $6.14 at the end of the last trading period.
Northcoast Research upgraded the previous rating for Ross Stores Inc ROST from Neutral to Buy. Ross Stores earned $0.67 in the fourth quarter, compared to $1.26 in the year-ago quarter. The stock has a 52-week-high of $134.22 and a 52-week-low of $79.65. At the end of the last trading period, Ross Stores closed at $124.81.
Morgan Stanley upgraded the previous rating for Salesforce.com Inc CRM from Equal-Weight to Overweight. In the fourth quarter, Salesforce.com showed an EPS of $1.04, compared to $0.66 from the year-ago quarter. At the moment, the stock has a 52-week-high of $284.50 and a 52-week-low of $167.00. Salesforce.com closed at $214.33 at the end of the last trading period.
According to Deutsche Bank, the prior rating for UBS Group AG UBS was changed from Hold to Buy. In the first quarter, UBS Group showed an EPS of $0.49, compared to $0.43 from the year-ago quarter. The current stock performance of UBS Group shows a 52-week-high of $16.30 and a 52-week-low of $9.70. Moreover, at the end of the last trading period, the closing price was at $15.53.
For Olin Corp OLN, Vertical Research upgraded the previous rating of Hold to Buy. In the first quarter, Olin showed an EPS of $1.54, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $47.75 and a 52-week-low of $9.67. Olin closed at $45.55 at the end of the last trading period.
CLSA upgraded the previous rating for iQIYI Inc IQ from Underperform to Outperform. In the first quarter, iQIYI showed an EPS of $0.25, compared to $0.56 from the year-ago quarter. At the moment, the stock has a 52-week-high of $28.97 and a 52-week-low of $12.14. iQIYI closed at $13.95 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Maxim Group downgraded the previous rating for Agilysys Inc AGYS from Buy to Hold. Agilysys earned $0.21 in the fourth quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Agilysys shows a 52-week-high of $64.09 and a 52-week-low of $16.18. Moreover, at the end of the last trading period, the closing price was at $47.28.
Wells Fargo downgraded the previous rating for Earthstone Energy Inc ESTE from Overweight to Equal-Weight. For the first quarter, Earthstone Energy had an EPS of $0.17, compared to year-ago quarter EPS of $0.13. The current stock performance of Earthstone Energy shows a 52-week-high of $10.29 and a 52-week-low of $2.15. Moreover, at the end of the last trading period, the closing price was at $9.95.
For Silicon Laboratories Inc SLAB, Citigroup downgraded the previous rating of Buy to Neutral. Silicon Laboratories earned $0.91 in the first quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $163.43 and a 52-week-low of $89.67. At the end of the last trading period, Silicon Laboratories closed at $124.20.
According to Wedbush, the prior rating for CarMax Inc KMX was changed from Outperform to Neutral. In the fourth quarter, CarMax showed an EPS of $1.27, compared to $1.30 from the year-ago quarter. The stock has a 52-week-high of $138.66 and a 52-week-low of $77.79. At the end of the last trading period, CarMax closed at $120.16.
For Ferrari NV RACE, Redburn Partners downgraded the previous rating of Buy to Neutral. For the first quarter, Ferrari had an EPS of $1.34, compared to year-ago quarter EPS of $0.99. At the moment, the stock has a 52-week-high of $233.66 and a 52-week-low of $157.82. Ferrari closed at $203.58 at the end of the last trading period.
According to UBS, the prior rating for Wells Fargo & Co WFC was changed from Buy to Neutral. The stock has a 52-week-high of $48.13 and a 52-week-low of $20.76. At the end of the last trading period, Wells Fargo closed at $46.86.

See all analyst ratings downgrades.

Initiations

Cantor Fitzgerald initiated coverage on Innoviz Technologies Ltd INVZ with an Overweight rating. The price target for Innoviz Technologies is set to $14.00. In the first quarter, Innoviz Technologies showed an EPS of $1.50, compared to $1.47 from the year-ago quarter. The stock has a 52-week-high of $12.50 and a 52-week-low of $8.71. At the end of the last trading period, Innoviz Technologies closed at $10.38.
With an Overweight rating, Cantor Fitzgerald initiated coverage on Taysha Gene Therapies Inc TSHA. The price target seems to have been set at $44.00 for Taysha Gene Therapies. Interestingly, in the first quarter, Taysha Gene Therapies's EPS was $0.87. The current stock performance of Taysha Gene Therapies shows a 52-week-high of $33.35 and a 52-week-low of $18.16. Moreover, at the end of the last trading period, the closing price was at $21.79.
For Gates Industrial Corp PLC GTES, Wolfe Research initiated coverage, by setting the current rating at Outperform. For the first quarter, Gates Industrial Corp had an EPS of $0.33, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $18.35 and a 52-week-low of $9.01. Gates Industrial Corp closed at $17.33 at the end of the last trading period.
Wells Fargo initiated coverage on UnitedHealth Group Inc UNH with an Overweight rating. The price target for UnitedHealth Group is set to $478.00. For the first quarter, UnitedHealth Group had an EPS of $5.31, compared to year-ago quarter EPS of $3.72. The current stock performance of UnitedHealth Group shows a 52-week-high of $425.98 and a 52-week-low of $273.71. Moreover, at the end of the last trading period, the closing price was at $410.38.
With an Overweight rating, Wells Fargo initiated coverage on Centene Corp CNC. The price target seems to have been set at $87.00 for Centene. For the first quarter, Centene had an EPS of $1.63, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $72.31 and a 52-week-low of $53.60. Centene closed at $70.73 at the end of the last trading period.
Wells Fargo initiated coverage on CVS Health Corp CVS with a Equal-Weight rating. The price target for CVS Health is set to $89.00. For the first quarter, CVS Health had an EPS of $2.04, compared to year-ago quarter EPS of $1.91. At the moment, the stock has a 52-week-high of $88.65 and a 52-week-low of $55.36. CVS Health closed at $88.61 at the end of the last trading period.
Wells Fargo initiated coverage on Anthem Inc ANTM with an Overweight rating. The price target for Anthem is set to $460.00. For the first quarter, Anthem had an EPS of $7.01, compared to year-ago quarter EPS of $6.48. The current stock performance of Anthem shows a 52-week-high of $406.00 and a 52-week-low of $244.10. Moreover, at the end of the last trading period, the closing price was at $393.44.
Wells Fargo initiated coverage on Molina Healthcare Inc MOH with an Underweight rating. The price target for Molina Healthcare is set to $253.00. Molina Healthcare earned $4.44 in the first quarter, compared to $3.02 in the year-ago quarter. The stock has a 52-week-high of $273.00 and a 52-week-low of $151.40. At the end of the last trading period, Molina Healthcare closed at $261.75.
With a Equal-Weight rating, Wells Fargo initiated coverage on Cigna Corp CI. The price target seems to have been set at $284.00 for Cigna. Cigna earned $4.73 in the first quarter, compared to $4.69 in the year-ago quarter. The current stock performance of Cigna shows a 52-week-high of $272.81 and a 52-week-low of $158.84. Moreover, at the end of the last trading period, the closing price was at $263.17.
William Blair initiated coverage on Karat Packaging Inc KRT with an Outperform rating. The stock has a 52-week-high of $20.00 and a 52-week-low of $15.56. At the end of the last trading period, Karat Packaging closed at $17.90.
With a Equal-Weight rating, Wells Fargo initiated coverage on Humana Inc HUM. The price target seems to have been set at $472.00 for Humana. In the first quarter, Humana showed an EPS of $7.67, compared to $5.40 from the year-ago quarter. The current stock performance of Humana shows a 52-week-high of $475.44 and a 52-week-low of $365.06. Moreover, at the end of the last trading period, the closing price was at $449.46.
With an Outperform rating, Raymond James initiated coverage on View Inc VIEW. The price target seems to have been set at $11.00 for View. Interestingly, in the first quarter, View's EPS was $0.91. The current stock performance of View shows a 52-week-high of $9.60 and a 52-week-low of $6.02. Moreover, at the end of the last trading period, the closing price was at $7.32.
With a Peer Perform rating, Wolfe Research initiated coverage on Watsco Inc WSO. The price target seems to have been set at $309.00 for Watsco. Watsco earned $1.39 in the first quarter, compared to $0.72 in the year-ago quarter. The stock has a 52-week-high of $307.81 and a 52-week-low of $160.39. At the end of the last trading period, Watsco closed at $288.69.
With a Buy rating, HC Wainwright & Co. initiated coverage on Freeline Therapeutics Holdings PLC FRLN. The price target seems to have been set at $30.00 for Freeline Therapeutics. In the first quarter, Freeline Therapeutics showed an EPS of $0.98, compared to $1.85 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.89 and a 52-week-low of $8.31. Freeline Therapeutics closed at $8.42 at the end of the last trading period.