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

Upgrades

Benzinga · 05/07/2020 13:54

Upgrades

  • B of A Securities upgraded the stock for BWX Technologies Inc (NYSE: 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 (NYSE: 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 (NYSE: 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 (NYSE: 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 (NASDAQ: 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 (NYSE: 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 (NYSE: 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 (NYSE: 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 (NASDAQ: 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 (NYSE: 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 (NYSE: 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 (NYSE: 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 (NASDAQ: 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 (NASDAQ: 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 (NYSE: 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 (NASDAQ: 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 (NASDAQ: 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.