Markets

Benzinga's Top Upgrades, Downgrades For July 6, 2020

10:03AM ET 7/06/2020 Benzinga

Upgrades

  • Monness Crespi Hardt upgraded the stock for CyberArk Software Ltd (NASDAQ: CYBR) from Neutral to Buy. CyberArk Software earned $0.50 in the first quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $148.74 and a 52-week-low of $69.50. CyberArk Software's stock last closed at $102.97 per share.
  • Citigroup upgraded the stock for Tandem Diabetes Care Inc (NASDAQ: TNDM) from Neutral to Buy. For the first quarter, Tandem Diabetes Care had an EPS of ($0.25), compared to year-ago quarter EPS of ($0.18). The stock has a 52-week-high of $103.95 and a 52-week-low of $43.69. Tandem Diabetes Care's stock last closed at $98.58 per share.
  • Evercore ISI Group changed the rating for US Silica Holdings Inc (NYSE: SLCA) from Underperform to In-Line. For the first quarter, US Silica Holdings had an EPS of ($0.03), compared to year-ago quarter EPS of ($0.08). The stock has a 52-week-high of $14.83 and a 52-week-low of $0.79. US Silica Holdings's stock last closed at $3.35 per share.
  • For Coca-Cola European Partners PLC (NYSE: CCEP), ABN Amro upgraded the stock from Hold to Buy. The stock has a 52-week-high of $58.94 and a 52-week-low of $28.35. Coca-Cola European's stock last closed at $38.08 per share.
  • For Marcus Corp (NYSE: MCS), B. Riley FBR upgraded the stock from Neutral to Buy. For the first quarter, Marcus had an EPS of ($0.29), compared to year-ago quarter EPS of $0.13. The stock has a 52-week-high of $37.64 and a 52-week-low of $6.95. Marcus's stock last closed at $13.22 per share.

 

Downgrades

  • Cowen & Co. downgraded the stock for Flowserve Corp (NYSE: FLS) from Outperform to Market Perform. In the first quarter, Flowserve showed an EPS of $0.21, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $53.82 and a 52-week-low of $18.98. Flowserve's stock last closed at $28.31 per share.
  • Benchmark downgraded the stock for Healthcare Services Group Inc (NASDAQ: HCSG) from Buy to Hold. For the first quarter, Healthcare Services Group had an EPS of $0.27, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $31.84 and a 52-week-low of $15.80. Healthcare Services Group's stock last closed at $24.30 per share.
  • Imperial Capital downgraded the stock for Netflix Inc (NASDAQ: NFLX) from Outperform to In-Line. Netflix earned $1.57 in the first quarter, compared to $0.76 in the year-ago quarter. The stock has a 52-week-high of $492.28 and a 52-week-low of $252.28. Netflix's stock last closed at $476.89 per share.
  • Goldman Sachs changed the rating for Intel Corp (NASDAQ: INTC) from Neutral to Sell. Intel earned $1.45 in the first quarter, compared to $0.89 in the year-ago quarter. The stock has a 52-week-high of $69.29 and a 52-week-low of $43.63. Intel's stock last closed at $59.13 per share.
  • Bernstein downgraded the stock for Spotify Technology SA (NYSE: SPOT) from Market Perform to Underperform. In the first quarter, Spotify Technology showed an EPS of ($0.22), compared to ($0.90) from the year-ago quarter. The stock has a 52-week-high of $274.30 and a 52-week-low of $109.18. Spotify Technology's stock last closed at $271.49 per share.
  • KeyBanc downgraded the stock for Evolent Health Inc (NYSE: EVH) from Overweight to Sector Weight. In the first quarter, Evolent Health showed an EPS of ($0.14), compared to ($0.31) from the year-ago quarter. The stock has a 52-week-high of $12.01 and a 52-week-low of $3.50. Evolent Health's stock last closed at $7.40 per share.
  • Baird downgraded the stock for The Cooper Companies Inc (NYSE: COO) from Outperform to Neutral. For the second quarter, Cooper Companies had an EPS of $1.51, compared to year-ago quarter EPS of $2.94. The stock has a 52-week-high of $365.68 and a 52-week-low of $236.68. Cooper Companies's stock last closed at $289.95 per share.
  • Piper Sandler changed the rating for Globus Medical Inc (NYSE: GMED) from Overweight to Neutral. For the first quarter, Globus Medical had an EPS of $0.29, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $60.15 and a 52-week-low of $33.41. Globus Medical's stock last closed at $49.17 per share.

 

Initiations

  • Citigroup initiated coverage on Thor Industries Inc (NYSE: THO) with a Neutral rating. For the third quarter, Thor Industries had an EPS of $0.43, compared to year-ago quarter EPS of $1.65. The stock has a 52-week-high of $118.89 and a 52-week-low of $32.30. Thor Industries's stock last closed at $106.42 per share.
  • For Winnebago Industries Inc (NYSE: WGO), Citigroup initiated coverage, by setting the current rating at Neutral. In the third quarter, Winnebago Industries showed an EPS of ($0.26), compared to $1.14 from the year-ago quarter. The stock has a 52-week-high of $72.65 and a 52-week-low of $16.94. Winnebago Industries's stock last closed at $65.96 per share.
  • BTIG initiated coverage on Venus Concept Inc (NASDAQ: VERO) with a Buy rating. The price target for Venus Concept is set at $7.00. Venus Concept earned ($1.68) in the first quarter. The stock has a 52-week-high of $9.00 and a 52-week-low of $2.06. Venus Concept's stock last closed at $3.52 per share.
  • For Translate Bio Inc (NASDAQ: TBIO), William Blair initiated coverage, by setting the current rating at Outperform. Translate Bio earned ($0.24) in the first quarter, compared to ($0.74) in the year-ago quarter. The stock has a 52-week-high of $28.09 and a 52-week-low of $6.80. Translate Bio's stock last closed at $17.86 per share.
  • Goldman Sachs initiated coverage on Carvana Co (NYSE: CVNA) with a Neutral rating. The price target for Carvana is set at $108.00. In the first quarter, Carvana showed an EPS of ($1.18), compared to ($0.53) from the year-ago quarter. The stock has a 52-week-high of $132.55 and a 52-week-low of $22.16. Carvana's stock last closed at $128.61 per share.
  • RBC Capital initiated coverage on Okta Inc (NASDAQ: OKTA) with an Outperform rating. The price target for Okta is set at $230.00. For the first quarter, Okta had an EPS of ($0.07), compared to year-ago quarter EPS of ($0.19). The stock has a 52-week-high of $212.01 and a 52-week-low of $88.66. Okta's stock last closed at $207.76 per share.
  • B. Riley FBR initiated coverage on SRAX Inc (NASDAQ: SRAX) with a Buy rating. The price target for SRAX is set at $4.00. For the fourth quarter, SRAX had an EPS of ($0.40), compared to year-ago quarter EPS of ($0.94). The stock has a 52-week-high of $5.63 and a 52-week-low of $1.05. SRAX's stock last closed at $2.48 per share.
  • Goldman Sachs initiated coverage on Vroom Inc (NASDAQ: VRM) with a Neutral rating. The price target for Vroom is set at $46.00. The stock has a 52-week-high of $59.00 and a 52-week-low of $38.46. Vroom's stock last closed at $54.30 per share.
  • RBC Capital initiated coverage on Zscaler Inc (NASDAQ: ZS) with an Outperform rating. The price target for Zscaler is set at $130.00. In the third quarter, Zscaler showed an EPS of $0.07, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $115.17 and a 52-week-low of $35.00. Zscaler's stock last closed at $110.21 per share.
  • KeyBanc initiated coverage on Alcon Inc (NYSE: ALC) with a Sector Weight rating. For the first quarter, Alcon had an EPS of $0.45, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $65.37 and a 52-week-low of $39.37. Alcon's stock last closed at $58.75 per share.
  • Citigroup initiated coverage on Harley-Davidson Inc (NYSE: HOG) with a Buy rating. The price target for Harley-Davidson is set at $33.00. For the first quarter, Harley-Davidson had an EPS of $0.51, compared to year-ago quarter EPS of $0.98. The stock has a 52-week-high of $40.89 and a 52-week-low of $14.31. Harley-Davidson's stock last closed at $23.42 per share.
  • With a rating of Outperform, Baird initiated coverage on Vroom Inc (NASDAQ: VRM). The price target is set at $68.00 for Vroom. The stock has a 52-week-high of $59.00 and a 52-week-low of $38.46. Vroom's stock last closed at $54.30 per share.