Benzinga's Top Upgrades, Downgrades For November 10, 2020
Upgrades
According to DA Davidson, the prior rating for Wayfair Inc (NYSE: W) was changed from Neutral to Buy. Wayfair earned $2.30 in the third quarter, compared to $2.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of 349.082 and a 52-week-low of 21.7. Wayfair closed at $235.24 at the end of the last trading period.
Jefferies upgraded the previous rating for Ventas Inc (NYSE: VTR) from Underperform to Hold. In the third quarter, Ventas showed an EPS of $0.75, compared to $0.96 from the year-ago quarter. At the moment, the stock has a 52-week-high of 63.38 and a 52-week-low of 13.345. Ventas closed at $46.85 at the end of the last trading period.
According to BMO Capital, the prior rating for US Foods Holding Corp (NYSE: USFD) was changed from Market Perform to Outperform. In the third quarter, US Foods Hldg showed an EPS of $0.15, compared to $0.65 from the year-ago quarter. The current stock performance of US Foods Hldg shows a 52-week-high of 42.28 and a 52-week-low of 8.32. Moreover, at the end of the last trading period, the closing price was at $30.11.
For Sysco Corp (NYSE: SYY), BMO Capital upgraded the previous rating of Market Perform to the current rating Outperform. In the first quarter, Sysco showed an EPS of $0.34, compared to $0.98 from the year-ago quarter. The stock has a 52-week-high of 85.98 and a 52-week-low of 26.0. At the end of the last trading period, Sysco closed at $71.10.
BTIG upgraded the previous rating for Square Inc (NYSE: SQ) from Neutral to Buy. For the third quarter, Square had an EPS of $0.34, compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of 201.33 and a 52-week-low of 32.33. At the end of the last trading period, Square closed at $184.00.
BMO Capital upgraded the previous rating for Performance Food Group Co (NYSE: PFGC) from Market Perform to Outperform. In the first quarter, Performance Food Group showed an EPS of $0.25, compared to $0.50 from the year-ago quarter. The stock has a 52-week-high of 54.49 and a 52-week-low of 7.41. At the end of the last trading period, Performance Food Group closed at $46.42.
Deutsche Bank upgraded the previous rating for Papa John's International Inc (NASDAQ: PZZA) from Hold to Buy. Papa John's International earned $0.35 in the third quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of 102.25 and a 52-week-low of 28.55. Papa John's International closed at $77.24 at the end of the last trading period.
Raymond James upgraded the previous rating for Intercept Pharmaceuticals Inc (NASDAQ: ICPT) from Market Perform to Outperform. Intercept Pharmaceuticals earned $1.61 in the third quarter, compared to $2.59 in the year-ago quarter. The stock has a 52-week-high of 125.0 and a 52-week-low of 27.0201. At the end of the last trading period, Intercept Pharmaceuticals closed at $34.84.
According to Roth Capital, the prior rating for Inovio Pharmaceuticals Inc (NASDAQ: INO) was changed from Sell to Neutral. In the third quarter, Inovio Pharmaceuticals showed an EPS of $0.26, compared to $0.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of 33.79 and a 52-week-low of 2.19. Inovio Pharmaceuticals closed at $8.50 at the end of the last trading period.
For Core Laboratories NV (NYSE: CLB), Morgan Stanley upgraded the previous rating of Equal-Weight to the current rating Overweight. Core Laboratories earned $0.16 in the third quarter, compared to $0.50 in the year-ago quarter. The current stock performance of Core Laboratories shows a 52-week-high of 48.63 and a 52-week-low of 6.68. Moreover, at the end of the last trading period, the closing price was at $18.61.
For Clean Harbors Inc (NYSE: CLH), Raymond James upgraded the previous rating of Market Perform to the current rating Outperform. In the third quarter, Clean Harbors showed an EPS of $0.90, compared to $0.72 from the year-ago quarter. The current stock performance of Clean Harbors shows a 52-week-high of 88.4 and a 52-week-low of 29.4501. Moreover, at the end of the last trading period, the closing price was at $69.83.
For Chubb Ltd (NYSE: CB), Goldman Sachs upgraded the previous rating of Sell to the current rating Buy. In the third quarter, Chubb showed an EPS of $2.00, compared to $2.70 from the year-ago quarter. The stock has a 52-week-high of 167.74 and a 52-week-low of 87.35. At the end of the last trading period, Chubb closed at $147.04.
For Biogen Inc (NASDAQ: BIIB), DZ Bank upgraded the previous rating of Hold to the current rating Buy. Biogen earned $8.84 in the third quarter, compared to $9.17 in the year-ago quarter. The current stock performance of Biogen shows a 52-week-high of 374.99 and a 52-week-low of 223.25. Moreover, at the end of the last trading period, the closing price was at $236.26.
According to UBS, the prior rating for Beyond Meat Inc (NASDAQ: BYND) was changed from Sell to Neutral. For the third quarter, Beyond Meat had an EPS of $0.28, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of 197.5 and a 52-week-low of 48.18. Beyond Meat closed at $150.50 at the end of the last trading period.
For Spirit AeroSystems Holdings Inc (NYSE: SPR), JP Morgan upgraded the previous rating of Neutral to the current rating Overweight. For the third quarter, Spirit AeroSystems Hldgs had an EPS of $1.34, compared to year-ago quarter EPS of $1.62. The current stock performance of Spirit AeroSystems Hldgs shows a 52-week-high of 92.81 and a 52-week-low of 13.69. Moreover, at the end of the last trading period, the closing price was at $26.76.
Downgrades
According to Raymond James, the prior rating for Voyager Therapeutics Inc (NASDAQ: VYGR) was changed from Strong Buy to Outperform. Voyager Therapeutics earned $2.27 in the third quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of 15.26 and a 52-week-low of 6.26. At the end of the last trading period, Voyager Therapeutics closed at $11.20.
According to JMP Securities, the prior rating for ShotSpotter Inc (NASDAQ: SSTI) was changed from Market Outperform to Market Perform. ShotSpotter earned $0.05 in the third quarter, compared to $0.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of 41.0 and a 52-week-low of 19.21. ShotSpotter closed at $35.67 at the end of the last trading period.
For Ralph Lauren Corp (NYSE: RL), B of A Securities downgraded the previous rating of Buy to the current rating Neutral. In the second quarter, Ralph Lauren showed an EPS of $1.44, compared to $2.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of 128.29 and a 52-week-low of 59.82. Ralph Lauren closed at $81.71 at the end of the last trading period.
For RPC Inc (NYSE: RES), Morgan Stanley downgraded the previous rating of Equal-Weight to the current rating Underweight. For the third quarter, RPC had an EPS of $0.09, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of 5.35 and a 52-week-low of 1.7201. At the end of the last trading period, RPC closed at $2.79.
According to Deutsche Bank, the prior rating for Hawaiian Holdings Inc (NASDAQ: HA) was changed from Buy to Hold. In the third quarter, Hawaiian Holdings showed an EPS of $3.76, compared to $1.72 from the year-ago quarter. At the moment, the stock has a 52-week-high of 31.34 and a 52-week-low of 7.55. Hawaiian Holdings closed at $20.89 at the end of the last trading period.
For Cactus Inc (NYSE: WHD), Morgan Stanley downgraded the previous rating of Overweight to the current rating Equal-Weight. In the third quarter, Cactus showed an EPS of $0.13, compared to $0.48 from the year-ago quarter. The stock has a 52-week-high of 35.28 and a 52-week-low of 8.16. At the end of the last trading period, Cactus closed at $23.65.
According to HC Wainwright & Co., the prior rating for Ballard Power Systems Inc (NASDAQ: BLDP) was changed from Buy to Neutral. In the third quarter, Ballard Power Systems showed an EPS of $0.05, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of 21.61 and a 52-week-low of 5.5. Ballard Power Systems closed at $16.16 at the end of the last trading period.
Initiations
With a current rating of Buy, B of A Securities initiated coverage on Tarsus Pharmaceuticals Inc (NASDAQ: TARS). The price target seems to have been set at $33.00 for Tarsus Pharmaceuticals. The current stock performance of Tarsus Pharmaceuticals shows a 52-week-high of 27.8997 and a 52-week-low of 15.3248. Moreover, at the end of the last trading period, the closing price was at $23.19.
With a current rating of Buy, Berenberg initiated coverage on Workiva Inc (NYSE: WK). The price target seems to have been set at $88.00 for Workiva. In the third quarter, Workiva showed an EPS of $0.04, compared to $0.12 from the year-ago quarter. The stock has a 52-week-high of 74.02 and a 52-week-low of 22.01. At the end of the last trading period, Workiva closed at $67.90.
Bernstein initiated coverage on Pfizer Inc (NYSE: PFE) with a Market Perform rating. The price target for Pfizer is set to $42.00. For the third quarter, Pfizer had an EPS of $0.72, compared to year-ago quarter EPS of $0.75. The current stock performance of Pfizer shows a 52-week-high of 41.99 and a 52-week-low of 27.88. Moreover, at the end of the last trading period, the closing price was at $39.17.
Bernstein initiated coverage on Eli Lilly and Co (NYSE: LLY) with a Market Perform rating. The price target for Eli Lilly is set to $150.00. For the third quarter, Eli Lilly had an EPS of $1.54, compared to year-ago quarter EPS of $1.48. At the moment, the stock has a 52-week-high of 170.75 and a 52-week-low of 111.0. Eli Lilly closed at $142.37 at the end of the last trading period.
With a current rating of Outperform, Bernstein initiated coverage on AbbVie Inc (NYSE: ABBV). The price target seems to have been set at $120.00 for AbbVie. AbbVie earned $2.83 in the third quarter, compared to $2.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of 101.28 and a 52-week-low of 62.55. AbbVie closed at $95.14 at the end of the last trading period.
KeyBanc initiated coverage on West Pharmaceutical Services Inc (NYSE: WST) with an Overweight rating. The price target for West Pharmaceutical Servs is set to $350.00. In the third quarter, West Pharmaceutical Servs showed an EPS of $1.15, compared to $0.79 from the year-ago quarter. The current stock performance of West Pharmaceutical Servs shows a 52-week-high of 305.0 and a 52-week-low of 124.53. Moreover, at the end of the last trading period, the closing price was at $286.54.
For Waters Corp (NYSE: WAT), KeyBanc initiated coverage, by setting the current rating at Sector Weight. For the third quarter, Waters had an EPS of $2.16, compared to year-ago quarter EPS of $2.13. The stock has a 52-week-high of 245.68 and a 52-week-low of 154.39. At the end of the last trading period, Waters closed at $230.41.
KeyBanc initiated coverage on PerkinElmer Inc (NYSE: PKI) with a Sector Weight rating. PerkinElmer earned $2.09 in the third quarter, compared to $1.06 in the year-ago quarter. The current stock performance of PerkinElmer shows a 52-week-high of 142.65 and a 52-week-low of 62.91. Moreover, at the end of the last trading period, the closing price was at $128.09.
KeyBanc initiated coverage on Agilent Technologies Inc (NYSE: A) with an Overweight rating. The price target for Agilent Technologies is set to $130.00. For the third quarter, Agilent Technologies had an EPS of $0.78, compared to year-ago quarter EPS of $0.76. The stock has a 52-week-high of 117.5 and a 52-week-low of 61.13. At the end of the last trading period, Agilent Technologies closed at $112.73.
KeyBanc initiated coverage on Thermo Fisher Scientific Inc (NYSE: TMO) with a Sector Weight rating. For the third quarter, Thermo Fisher Scientific had an EPS of $5.63, compared to year-ago quarter EPS of $2.94. At the moment, the stock has a 52-week-high of 532.5709 and a 52-week-low of 250.21. Thermo Fisher Scientific closed at $484.99 at the end of the last trading period.
KeyBanc initiated coverage on Danaher Corp (NYSE: DHR) with an Overweight rating. The price target for Danaher is set to $280.00. Danaher earned $1.72 in the third quarter, compared to $1.16 in the year-ago quarter. At the moment, the stock has a 52-week-high of 248.32 and a 52-week-low of 119.6. Danaher closed at $233.75 at the end of the last trading period.
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