Benzinga's Top Upgrades, Downgrades For December 2, 2019

Upgrades

  • For AeroVironment Inc AVAV, Baird upgraded the stock from Neutral to Outperform. In the first quarter, AeroVironment showed an EPS of $0.74, compared to $0.59 from the year-ago quarter. AeroVironment's market cap stands at $1.3 billion. The stock has a 52-week-high of $95.38 and a 52-week-low of $48.61. AeroVironment's stock last closed at $61.34 per share.
  • For Changyou.com Ltd CYOU, Morgan Stanley upgraded the stock from Underweight to Equal-Weight. For the third quarter, Changyou.com had an EPS of $0.64, compared to year-ago quarter EPS of $1.01. Changyou.com's market cap stands at $509.0 million. The stock has a 52-week-high of $22.27 and a 52-week-low of $5.43. Changyou.com's stock last closed at $9.55 per share.
  • Citi changed the rating for Altria Group Inc MO from Neutral to Buy. Altria Group earned $1.19 in the third quarter, compared to $1.08 in the year-ago quarter. The total market value of Altria Group's outstanding shares is at $83.6 billion. The stock has a 52-week-high of $57.88 and a 52-week-low of $39.30. Altria Group's stock last closed at $49.72 per share.
  • Baird upgraded the stock for Plains All American Pipeline LP PAA from Neutral to Outperform. In the third quarter, Plains All American showed an EPS of $0.52, compared to $0.43 from the year-ago quarter. Plains All American's market cap stands at $13.1 billion. The stock has a 52-week-high of $25.27 and a 52-week-low of $16.77. Plains All American's stock last closed at $17.44 per share.
  • Baird upgraded the stock for Plains GP Holdings LP PAGP from Neutral to Outperform. In the third quarter, Plains GP Holdings showed an EPS of $0.52, compared to $0.45 from the year-ago quarter. The total market value of Plains GP Holdings's outstanding shares is at $3.0 billion. The stock has a 52-week-high of $25.82 and a 52-week-low of $17.00. Plains GP Holdings's stock last closed at $17.50 per share.
  • Buckingham changed the rating for Spirit Airlines Inc SAVE from Neutral to Buy. In the third quarter, Spirit Airlines showed an EPS of $1.32, compared to $1.47 from the year-ago quarter. Spirit Airlines's market cap stands at $2.5 billion. The stock has a 52-week-high of $65.35 and a 52-week-low of $32.97. Spirit Airlines's stock last closed at $39.19 per share.
  • UBS changed the rating for Charles Schwab Corp SCHW from Sell to Neutral. For the third quarter, Charles Schwab had an EPS of $0.74, compared to year-ago quarter EPS of $0.65. The total market value of Charles Schwab's outstanding shares is at $52.2 billion. The stock has a 52-week-high of $50.97 and a 52-week-low of $34.58. Charles Schwab's stock last closed at $49.53 per share.
  • Goldman Sachs changed the rating for Splunk Inc SPLK from Neutral to Buy. In the third quarter, Splunk showed an EPS of $0.58, compared to $0.38 from the year-ago quarter. The current market cap for Splunk is at $18.5 billion. The stock has a 52-week-high of $151.26 and a 52-week-low of $90.08. Splunk's stock last closed at $149.22 per share.
  • Compass Point upgraded the stock for Trulieve Cannabis Corp TCNNF from Neutral to Buy. The total market value of Trulieve Cannabis's outstanding shares is at $1.1 billion. The stock has a 52-week-high of $16.23 and a 52-week-low of $6.68. Trulieve Cannabis's stock last closed at $12.92 per share.
  • William Blair changed the rating for Treehouse Foods Inc THS from Market Perform to Outperform. In the third quarter, Treehouse Foods showed an EPS of $0.55, compared to $0.62 from the year-ago quarter. Treehouse Foods's market cap stands at $3.0 billion. The stock has a 52-week-high of $67.88 and a 52-week-low of $44.60. Treehouse Foods's stock last closed at $48.94 per share.

 

Downgrades

  • Bank of America changed the rating for ADT Inc ADT from Buy to Neutral. For the third quarter, ADT had an EPS of ($0.02), compared to year-ago quarter EPS of $0.26. The current market cap for ADT is at $5.8 billion. The stock has a 52-week-high of $9.71 and a 52-week-low of $4.25. ADT's stock last closed at $9.25 per share.
  • Baird changed the rating for Biogen Inc BIIB from Neutral to Underperform. In the third quarter, Biogen showed an EPS of $9.17, compared to $7.40 from the year-ago quarter. The current market cap for Biogen is at $53.8 billion. The stock has a 52-week-high of $344.00 and a 52-week-low of $215.78. Biogen's stock last closed at $299.81 per share.
  • For Deere & Co DE, Bank of America downgraded the stock from Neutral to Underperform. For the fourth quarter, Deere had an EPS of $2.14, compared to year-ago quarter EPS of $2.30. Deere's market cap stands at $54.8 billion. The stock has a 52-week-high of $180.48 and a 52-week-low of $132.68. Deere's stock last closed at $168.00 per share.
  • Morgan Stanley changed the rating for Dow Inc DOW from Overweight to Equal-Weight. In the second quarter, Dow earned $0.86. Dow's market cap stands at $37.4 billion. The stock has a 52-week-high of $60.52 and a 52-week-low of $40.44. Dow's stock last closed at $53.39 per share.
  • Morgan Stanley downgraded the stock for DouYu International Holdings Ltd DOYU from Overweight to Equal-Weight. Interestingly, in the third quarter, DouYu International Hldgs's EPS was $0.04. The total market value of DouYu International Hldgs's outstanding shares is at $2.5 billion. The stock has a 52-week-high of $11.88 and a 52-week-low of $7.01. DouYu International Hldgs's stock last closed at $7.46 per share.
  • B. Riley changed the rating for Cedar Fair LP FUN from Buy to Neutral. In the third quarter, Cedar Fair showed an EPS of $3.43, compared to $3.76 from the year-ago quarter. The total market value of Cedar Fair's outstanding shares is at $3.1 billion. The stock has a 52-week-high of $64.86 and a 52-week-low of $45.58. Cedar Fair's stock last closed at $55.90 per share.
  • Morgan Stanley changed the rating for HUYA Inc HUYA from Overweight to Equal-Weight. For the third quarter, HUYA had an EPS of $0.12, compared to year-ago quarter EPS of $0.08. HUYA's market cap stands at $4.8 billion. The stock has a 52-week-high of $30.00 and a 52-week-low of $14.44. HUYA's stock last closed at $21.09 per share.
  • Citigroup changed the rating for Philip Morris International Inc PM from Buy to Neutral. For the third quarter, Philip Morris Intl had an EPS of $1.43, compared to year-ago quarter EPS of $1.44. Philip Morris Intl's market cap stands at $126.7 billion. The stock has a 52-week-high of $92.74 and a 52-week-low of $64.67. Philip Morris Intl's stock last closed at $83.01 per share.
  • Morgan Stanley downgraded the stock for Roku Inc ROKU from Equal-Weight to Underweight. For the third quarter, Roku had an EPS of ($0.22), compared to year-ago quarter EPS of ($0.09). Roku's market cap stands at $17.2 billion. The stock has a 52-week-high of $176.55 and a 52-week-low of $26.30. Roku's stock last closed at $160.37 per share.
  • SunTrust Robinson Humphrey changed the rating for Teladoc Health Inc TDOC from Buy to Hold. For the third quarter, Teladoc Health had an EPS of ($0.28), compared to year-ago quarter EPS of ($0.34). The current market cap for Teladoc Health is at $5.5 billion. The stock has a 52-week-high of $86.30 and a 52-week-low of $42.08. Teladoc Health's stock last closed at $83.70 per share.
  • For Wells Fargo & Co WFC, Raymond James downgraded the stock from Market Perform to Underperform. For the third quarter, Wells Fargo had an EPS of $1.07, compared to year-ago quarter EPS of $1.16. The total market value of Wells Fargo's outstanding shares is at $218.3 billion. The stock has a 52-week-high of $55.04 and a 52-week-low of $43.02. Wells Fargo's stock last closed at $54.45 per share.

 

Initiations

  • With a rating of Neutral, Compass Point initiated coverage on Apollo Commercial Real Estate Finance Inc ARI. The price target is set at $18.80 for Apollo Commercial Real. In the third quarter, Apollo Commercial Real showed an EPS of $0.47, compared to $0.47 from the year-ago quarter. The total market value of Apollo Commercial Real's outstanding shares is at $2.8 billion. The stock has a 52-week-high of $19.76 and a 52-week-low of $16.41. Apollo Commercial Real's stock last closed at $18.27 per share.
  • With a rating of Neutral, Goldman Sachs initiated coverage on Bausch Health Companies Inc BHC. The price target is set at $30.00 for Bausch Health Companies. Bausch Health Companies earned $1.19 in the third quarter, compared to $1.15 in the year-ago quarter. The total market value of Bausch Health Companies's outstanding shares is at $8.7 billion. The stock has a 52-week-high of $28.64 and a 52-week-low of $17.20. Bausch Health Companies's stock last closed at $28.25 per share.
  • Compass Point initiated coverage on Blackstone Mortgage Trust Inc BXMT with a Neutral rating. The price target for Blackstone Mortgage Trust is set at $36.00. For the third quarter, Blackstone Mortgage Trust had an EPS of $0.64, compared to year-ago quarter EPS of $0.75. The current market cap for Blackstone Mortgage Trust is at $4.8 billion. The stock has a 52-week-high of $36.77 and a 52-week-low of $30.84. Blackstone Mortgage Trust's stock last closed at $36.62 per share.
  • With a rating of Buy, BTIG initiated coverage on Centogene NV CNTG. The price target is set at $18.00 for Centogene. The stock has a 52-week-high of $15.59 and a 52-week-low of $11.81. Centogene's stock last closed at $12.97 per share.
  • BTIG initiated coverage on Fortress Transportation and Infrastructure Investors LLC FTAI with a Buy rating. The price target for Fortress Transportation is set at $25.00. In the third quarter, Fortress Transportation showed an EPS of $0.30, compared to $0.08 from the year-ago quarter. The current market cap for Fortress Transportation is at $1.3 billion. The stock has a 52-week-high of $18.21 and a 52-week-low of $12.84. Fortress Transportation's stock last closed at $18.01 per share.
  • Bank of America initiated coverage on Galapagos NV GLPG with a Neutral rating. The price target for Galapagos is set at $199.00. For the third quarter, Galapagos had an EPS of $6.57, compared to year-ago quarter EPS of $0.32. Galapagos's market cap stands at $11.3 billion. The stock has a 52-week-high of $198.02 and a 52-week-low of $85.00. Galapagos's stock last closed at $195.81 per share.
  • Credit Suisse initiated coverage on Galera Therapeutics Inc GRTX with a Neutral rating. The price target for Galera Therapeutics is set at $14.00. The stock has a 52-week-high of $14.88 and a 52-week-low of $11.50. Galera Therapeutics's stock last closed at $12.53 per share.
  • With a rating of Buy, Citi initiated coverage on Galera Therapeutics Inc GRTX. The price target is set at $20.00 for Galera Therapeutics. The stock has a 52-week-high of $14.88 and a 52-week-low of $11.50. Galera Therapeutics's stock last closed at $12.53 per share.
  • Bank of America initiated coverage on Galera Therapeutics Inc GRTX with a Buy rating. The price target for Galera Therapeutics is set at $15.00. The stock has a 52-week-high of $14.88 and a 52-week-low of $11.50. Galera Therapeutics's stock last closed at $12.53 per share.
  • BTIG Research initiated coverage on Galera Therapeutics Inc GRTX with a Buy rating. The price target for Galera Therapeutics is set at $30.00. The stock has a 52-week-high of $14.88 and a 52-week-low of $11.50. Galera Therapeutics's stock last closed at $12.53 per share.
  • Exane BNP Paribas initiated coverage on International Paper Co IP with an Outperform rating. The price target for International Paper is set at $53.00. International Paper earned $1.09 in the third quarter, compared to $1.56 in the year-ago quarter. The current market cap for International Paper is at $17.1 billion. The stock has a 52-week-high of $48.24 and a 52-week-low of $36.45. International Paper's stock last closed at $46.36 per share.
  • Morgan Stanley initiated coverage on iQIYI Inc IQ with a Equal-Weight rating. The price target for iQIYI is set at $20.00. For the third quarter, iQIYI had an EPS of ($0.70), compared to year-ago quarter EPS of ($0.63). The current market cap for iQIYI is at $12.6 billion. The stock has a 52-week-high of $29.18 and a 52-week-low of $14.35. iQIYI's stock last closed at $19.15 per share.
  • With a rating of Neutral, Compass Point initiated coverage on KKR Real Estate Finance Trust Inc KREF. The price target is set at $20.50 for KKR Real Estate Finance. For the third quarter, KKR Real Estate Finance had an EPS of $0.43, compared to year-ago quarter EPS of $0.38. KKR Real Estate Finance's market cap stands at $1.1 billion. The stock has a 52-week-high of $20.80 and a 52-week-low of $18.54. KKR Real Estate Finance's stock last closed at $20.19 per share.
  • With a rating of Buy, Compass Point initiated coverage on Ladder Capital Corp LADR. The price target is set at $19.10 for Ladder Capital. For the third quarter, Ladder Capital had an EPS of $0.38, compared to year-ago quarter EPS of $0.59. Ladder Capital's market cap stands at $2.0 billion. The stock has a 52-week-high of $18.82 and a 52-week-low of $14.75. Ladder Capital's stock last closed at $17.29 per share.
  • For New Residential Investment Corp NRZ, Compass Point initiated coverage, by setting the current rating at Buy. New Residential Inv earned $0.50 in the third quarter, compared to $0.63 in the year-ago quarter. The current market cap for New Residential Inv is at $6.5 billion. The stock has a 52-week-high of $17.47 and a 52-week-low of $13.63. New Residential Inv's stock last closed at $15.52 per share.
  • With a rating of Neutral, Exane BNP Paribas initiated coverage on Packaging Corp of America PKG. The price target is set at $118.00 for Packaging Corp of America. For the third quarter, Packaging Corp of America had an EPS of $1.92, compared to year-ago quarter EPS of $2.23. The total market value of Packaging Corp of America's outstanding shares is at $10.3 billion. The stock has a 52-week-high of $114.78 and a 52-week-low of $77.90. Packaging Corp of America's stock last closed at $111.86 per share.
  • Compass Point initiated coverage on PennyMac Mortgage Investment Trust PMT with a Neutral rating. PennyMac Mortgage earned $0.71 in the third quarter, compared to $0.62 in the year-ago quarter. PennyMac Mortgage's market cap stands at $2.0 billion. The stock has a 52-week-high of $23.35 and a 52-week-low of $17.88. PennyMac Mortgage's stock last closed at $23.09 per share.
  • With a rating of Buy, Goldman Sachs initiated coverage on Revance Therapeutics Inc RVNC. The price target is set at $25.00 for Revance Therapeutics. Revance Therapeutics earned ($0.96) in the third quarter, compared to ($0.91) in the year-ago quarter. The total market value of Revance Therapeutics's outstanding shares is at $706.3 million. The stock has a 52-week-high of $24.99 and a 52-week-low of $9.88. Revance Therapeutics's stock last closed at $17.90 per share.
  • With a rating of Buy, Needham initiated coverage on SolarEdge Technologies Inc SEDG. The price target is set at $102.00 for SolarEdge Technologies. In the third quarter, SolarEdge Technologies showed an EPS of $1.21, compared to $0.86 from the year-ago quarter. The total market value of SolarEdge Technologies's outstanding shares is at $4.1 billion. The stock has a 52-week-high of $96.69 and a 52-week-low of $32.42. SolarEdge Technologies's stock last closed at $81.61 per share.
  • Barclays initiated coverage on Silvergate Capital Corp SI with an Overweight rating. The price target for Silvergate Capital is set at $19.00. The stock has a 52-week-high of $16.90 and a 52-week-low of $12.25. Silvergate Capital's stock last closed at $16.45 per share.
  • Wells Fargo initiated coverage on Starwood Property Trust Inc STWD with an Outperform rating. The price target for Starwood Property Trust is set at $26.00. In the third quarter, Starwood Property Trust showed an EPS of $0.52, compared to $0.53 from the year-ago quarter. Starwood Property Trust's market cap stands at $6.9 billion. The stock has a 52-week-high of $24.96 and a 52-week-low of $19.16. Starwood Property Trust's stock last closed at $24.49 per share.
  • With a rating of Buy, Compass Point initiated coverage on TPG RE Finance Trust Inc TRTX. The price target is set at $21.50 for TPG RE Finance Trust. In the third quarter, TPG RE Finance Trust showed an EPS of $0.44, compared to $0.42 from the year-ago quarter. The total market value of TPG RE Finance Trust's outstanding shares is at $1.4 billion. The stock has a 52-week-high of $20.56 and a 52-week-low of $17.81. TPG RE Finance Trust's stock last closed at $20.24 per share.
  • For Two Harbors Investment Corp TWO, Compass Point initiated coverage, by setting the current rating at Buy. Two Harbors Investment earned $0.24 in the third quarter, compared to $0.48 in the year-ago quarter. The total market value of Two Harbors Investment's outstanding shares is at $3.7 billion. The stock has a 52-week-high of $14.75 and a 52-week-low of $12.05. Two Harbors Investment's stock last closed at $14.54 per share.
  • With a rating of Outperform, Exane BNP Paribas initiated coverage on WestRock Co WRK. The price target is set at $48.00 for WestRock. In the third quarter, WestRock showed an EPS of $1.11, compared to $1.09 from the year-ago quarter. The total market value of WestRock's outstanding shares is at $9.6 billion. The stock has a 52-week-high of $48.55 and a 52-week-low of $31.94. WestRock's stock last closed at $40.36 per share.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: UpgradesDowngradesInitiationIntraday UpdateAnalyst RatingsInitiationstop upgrades
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!