Benzinga's Top Upgrades, Downgrades For December 3, 2019


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Upgrades

  • Piper Jaffray upgraded the stock for Aptiv PLC (NYSE:APTV) from Neutral to Overweight. In the third quarter, Aptiv showed an EPS of $1.27, compared to $1.24 from the year-ago quarter. The current market cap for Aptiv is at $22.8 billion. The stock has a 52-week-high of $97.64 and a 52-week-low of $58.80. Aptiv's stock last closed at $94.51 per share.
  • Citigroup changed the rating for Audentes Therapeutics Inc (NASDAQ:BOLD) from Sell to Neutral. Audentes Therapeutics earned ($1.00) in the third quarter, compared to ($0.97) in the year-ago quarter. Audentes Therapeutics's market cap stands at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • Baird upgraded the stock for Audentes Therapeutics Inc (NASDAQ:BOLD) from Underperform to Neutral. In the third quarter, Audentes Therapeutics showed an EPS of ($1.00), compared to ($0.97) from the year-ago quarter. The current market cap for Audentes Therapeutics is at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • Jefferies upgraded the stock for Danaos Corp (NYSE:DAC) from Hold to Buy. Danaos earned $2.46 in the third quarter, compared to $0.23 in the year-ago quarter. The current market cap for Danaos is at $164.1 million. The stock has a 52-week-high of $15.40 and a 52-week-low of $5.36. Danaos's stock last closed at $6.58 per share.
  • For Noble Midstream Partners LP (NYSE:NBLX), Baird upgraded the stock from Neutral to Outperform. In the third quarter, Noble Midstream Partners showed an EPS of $0.88, compared to $1.09 from the year-ago quarter. The total market value of Noble Midstream Partners's outstanding shares is at $957.7 million. The stock has a 52-week-high of $40.30 and a 52-week-low of $20.40. Noble Midstream Partners's stock last closed at $20.69 per share.
  • Credit Suisse changed the rating for Ranger Energy Services Inc (NYSE:RNGR) from Neutral to Outperform. For the third quarter, Ranger Energy Services had an EPS of ($0.06), compared to year-ago quarter EPS of $0.23. The total market value of Ranger Energy Services's outstanding shares is at $86.0 million. The stock has a 52-week-high of $8.76 and a 52-week-low of $4.70. Ranger Energy Services's stock last closed at $7.20 per share.
  • For Boston Beer Co Inc (NYSE:SAM), UBS upgraded the stock from Neutral to Buy. For the third quarter, Boston Beer Co had an EPS of $3.58, compared to year-ago quarter EPS of $3.21. Boston Beer Co's market cap stands at $4.5 billion. The stock has a 52-week-high of $444.64 and a 52-week-low of $230.93. Boston Beer Co's stock last closed at $372.97 per share.
  • For Spirit Realty Capital Inc (NYSE:SRC), Capital One Financial upgraded the stock from Equal-Weight to Overweight. In the third quarter, Spirit Realty Capital showed an EPS of $0.87, compared to $0.17 from the year-ago quarter. The total market value of Spirit Realty Capital's outstanding shares is at $4.9 billion. The stock has a 52-week-high of $52.84 and a 52-week-low of $33.86. Spirit Realty Capital's stock last closed at $51.61 per share.
  • Sandler O'Neill upgraded the stock for The Bancorp Inc (NASDAQ:TBBK) from Hold to Buy. For the third quarter, The Bancorp had an EPS of $0.38, compared to year-ago quarter EPS of $0.23. The current market cap for The Bancorp is at $620.3 million. The stock has a 52-week-high of $11.76 and a 52-week-low of $7.64. The Bancorp's stock last closed at $11.11 per share.
  • BTIG Research upgraded the stock for Wingstop Inc (NASDAQ:WING) from Neutral to Buy. Wingstop earned $0.20 in the third quarter, compared to $0.21 in the year-ago quarter. Wingstop's market cap stands at $2.4 billion. The stock has a 52-week-high of $107.43 and a 52-week-low of $56.95. Wingstop's stock last closed at $79.05 per share.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

 

Downgrades

  • For Ambev SA (NYSE:ABEV), Barclays downgraded the stock from Equal-Weight to Underweight. In the third quarter, Ambev showed an EPS of $0.04, compared to $0.05 from the year-ago quarter. The total market value of Ambev's outstanding shares is at $68.5 billion. The stock has a 52-week-high of $5.45 and a 52-week-low of $3.77. Ambev's stock last closed at $4.24 per share.
  • For Aqua Metals Inc (NASDAQ:AQMS), Alliance Global Partners downgraded the stock from Buy to Hold. For the third quarter, Aqua Metals had an EPS of ($0.16), compared to year-ago quarter EPS of ($0.24). The total market value of Aqua Metals's outstanding shares is at $91.1 million. The stock has a 52-week-high of $4.33 and a 52-week-low of $0.67. Aqua Metals's stock last closed at $0.81 per share.
  • Guggenheim downgraded the stock for Audentes Therapeutics Inc (NASDAQ:BOLD) from Buy to Neutral. In the third quarter, Audentes Therapeutics showed an EPS of ($1.00), compared to ($0.97) from the year-ago quarter. The current market cap for Audentes Therapeutics is at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • For Audentes Therapeutics Inc (NASDAQ:BOLD), Piper Jaffray downgraded the stock from Overweight to Neutral. For the third quarter, Audentes Therapeutics had an EPS of ($1.00), compared to year-ago quarter EPS of ($0.97). Audentes Therapeutics's market cap stands at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • For Audentes Therapeutics Inc (NASDAQ:BOLD), Raymond James downgraded the stock from Outperform to Market Perform. In the third quarter, Audentes Therapeutics showed an EPS of ($1.00), compared to ($0.97) from the year-ago quarter. The current market cap for Audentes Therapeutics is at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • Wedbush changed the rating for Audentes Therapeutics Inc (NASDAQ:BOLD) from Outperform to Neutral. Audentes Therapeutics earned ($1.00) in the third quarter, compared to ($0.97) in the year-ago quarter. The total market value of Audentes Therapeutics's outstanding shares is at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • HC Wainwright & Co. downgraded the stock for Audentes Therapeutics Inc (NASDAQ:BOLD) from Buy to Neutral. For the third quarter, Audentes Therapeutics had an EPS of ($1.00), compared to year-ago quarter EPS of ($0.97). The current market cap for Audentes Therapeutics is at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • BMO Capital downgraded the stock for Audentes Therapeutics Inc (NASDAQ:BOLD) from Outperform to Market Perform. Audentes Therapeutics earned ($1.00) in the third quarter, compared to ($0.97) in the year-ago quarter. The current market cap for Audentes Therapeutics is at $1.2 billion. The stock has a 52-week-high of $41.65 and a 52-week-low of $17.95. Audentes Therapeutics's stock last closed at $28.61 per share.
  • Argus Research changed the rating for Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) from Buy to Hold. In the first quarter, Cracker Barrel Old showed an EPS of $1.90, compared to $1.96 from the year-ago quarter. Cracker Barrel Old's market cap stands at $3.7 billion. The stock has a 52-week-high of $182.00 and a 52-week-low of $149.50. Cracker Barrel Old's stock last closed at $157.54 per share.
  • For CommScope Holding Co Inc (NASDAQ:COMM), Jefferies downgraded the stock from Buy to Hold. CommScope Holding Co earned $0.55 in the third quarter, compared to $0.59 in the year-ago quarter. CommScope Holding Co's market cap stands at $2.1 billion. The stock has a 52-week-high of $27.00 and a 52-week-low of $9.52. CommScope Holding Co's stock last closed at $13.36 per share.
  • For DouYu International Holdings Ltd (NASDAQ:DOYU), JP Morgan downgraded the stock from Overweight to Neutral. In the third quarter, DouYu International Hldgs earned $0.04. The current market cap for DouYu International Hldgs 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 $7.51 per share.
  • Credit Suisse changed the rating for Nabors Industries Ltd (NYSE:NBR) from Outperform to Neutral. For the third quarter, Nabors Industries had an EPS of ($0.31), compared to year-ago quarter EPS of ($0.07). The current market cap for Nabors Industries is at $672.3 million. The stock has a 52-week-high of $4.08 and a 52-week-low of $1.50. Nabors Industries's stock last closed at $2.05 per share.
  • TD Securities downgraded the stock for Newmont Goldcorp Corp (NYSE:NEM) from Buy to Buy. For the third quarter, Newmont Goldcorp had an EPS of $0.36, compared to year-ago quarter EPS of $0.33. The total market value of Newmont Goldcorp's outstanding shares is at $32.5 billion. The stock has a 52-week-high of $41.23 and a 52-week-low of $29.77. Newmont Goldcorp's stock last closed at $38.75 per share.
  • Citigroup downgraded the stock for Netflix Inc (NASDAQ:NFLX) from Buy to Neutral. In the third quarter, Netflix showed an EPS of $1.47, compared to $0.89 from the year-ago quarter. The current market cap for Netflix is at $137.9 billion. The stock has a 52-week-high of $385.99 and a 52-week-low of $231.23. Netflix's stock last closed at $309.99 per share.
  • Credit Suisse changed the rating for Nine Energy Service Inc (NYSE:NINE) from Outperform to Neutral. Nine Energy Service earned ($0.16) in the third quarter, compared to $0.56 in the year-ago quarter. The current market cap for Nine Energy Service is at $172.7 million. The stock has a 52-week-high of $28.85 and a 52-week-low of $4.34. Nine Energy Service's stock last closed at $5.50 per share.
  • For Powell Industries Inc (NASDAQ:POWL), Sidoti & Co. downgraded the stock from Buy to Neutral. Powell Industries earned $0.39 in the third quarter, compared to $0.03 in the year-ago quarter. Powell Industries's market cap stands at $452.9 million. The stock has a 52-week-high of $42.88 and a 52-week-low of $22.55. Powell Industries's stock last closed at $41.07 per share.
  • Credit Suisse changed the rating for Patterson-UTI Energy Inc (NASDAQ:PTEN) from Neutral to Underperform. For the third quarter, Patterson-UTI Energy had an EPS of ($0.27), compared to year-ago quarter EPS of ($0.10). The total market value of Patterson-UTI Energy's outstanding shares is at $1.6 billion. The stock has a 52-week-high of $16.27 and a 52-week-low of $7.67. Patterson-UTI Energy's stock last closed at $9.15 per share.
  • For Valaris PLC (NYSE:VAL), BTIG Research downgraded the stock from Buy to Neutral. The total market value of Valaris's outstanding shares is at $815.3 million. The stock has a 52-week-high of $24.98 and a 52-week-low of $3.42. Valaris's stock last closed at $4.29 per share.
  • For Zions Bancorp NA (NASDAQ:ZION), Baird downgraded the stock from Neutral to Underperform. Zions Bancorp earned $1.17 in the third quarter, compared to $1.04 in the year-ago quarter. The total market value of Zions Bancorp's outstanding shares is at $8.2 billion. The stock has a 52-week-high of $51.81 and a 52-week-low of $38.08. Zions Bancorp's stock last closed at $49.50 per share.

 

Initiations

  • Craig-Hallum initiated coverage on Agilysys Inc (NASDAQ:AGYS) with a Buy rating. The price target for Agilysys is set at $32.00. For the second quarter, Agilysys had an EPS of ($0.13), compared to year-ago quarter EPS of ($0.16). The total market value of Agilysys's outstanding shares is at $595.9 million. The stock has a 52-week-high of $29.29 and a 52-week-low of $13.32. Agilysys's stock last closed at $24.73 per share.
  • Needham initiated coverage on Bandwidth Inc (NASDAQ:BAND) with a Buy rating. The price target for Bandwidth is set at $65.00. In the third quarter, Bandwidth showed an EPS of ($0.06), compared to ($0.05) from the year-ago quarter. The total market value of Bandwidth's outstanding shares is at $1.3 billion. The stock has a 52-week-high of $90.63 and a 52-week-low of $27.75. Bandwidth's stock last closed at $53.44 per share.
  • For Beyond Meat Inc (NASDAQ:BYND), Oppenheimer initiated coverage, by setting the current rating at Perform. In the third quarter, Beyond Meat earned $0.06. Beyond Meat's market cap stands at $5.1 billion. The stock has a 52-week-high of $239.71 and a 52-week-low of $45.00. Beyond Meat's stock last closed at $79.27 per share.
  • William Blair initiated coverage on BeyondSpring Inc (NASDAQ:BYSI) with an Outperform rating. In the second quarter, BeyondSpring showed an EPS of ($0.32), compared to ($0.54) from the year-ago quarter. BeyondSpring's market cap stands at $432.6 million. The stock has a 52-week-high of $25.79 and a 52-week-low of $11.26. BeyondSpring's stock last closed at $12.53 per share.
  • RBC Capital initiated coverage on Ceridian HCM Holding Inc (NYSE:CDAY) with an Outperform rating. The price target for Ceridian HCM Holding is set at $71.00. In the third quarter, Ceridian HCM Holding showed an EPS of $0.11, compared to $0.05 from the year-ago quarter. Ceridian HCM Holding's market cap stands at $6.9 billion. The stock has a 52-week-high of $61.15 and a 52-week-low of $31.39. Ceridian HCM Holding's stock last closed at $60.37 per share.
  • Baird initiated coverage on Centogene NV (NASDAQ:CNTG) with an Outperform rating. The price target for Centogene is set at $15.00. The stock has a 52-week-high of $15.59 and a 52-week-low of $11.81. Centogene's stock last closed at $12.25 per share.
  • With a rating of Buy, Needham initiated coverage on Curaleaf Holdings Inc (OTC:CURLF). The price target is set at $7.25 for Curaleaf Holdings. The current market cap for Curaleaf Holdings is at $2.1 billion. The stock has a 52-week-high of $11.73 and a 52-week-low of $3.88. Curaleaf Holdings's stock last closed at $6.05 per share.
  • With a rating of Buy, Goldman Sachs initiated coverage on Enphase Energy Inc (NASDAQ:ENPH). The price target is set at $31.00 for Enphase Energy. For the third quarter, Enphase Energy had an EPS of $0.30, compared to year-ago quarter EPS of $0.04. The current market cap for Enphase Energy is at $2.3 billion. The stock has a 52-week-high of $35.42 and a 52-week-low of $4.53. Enphase Energy's stock last closed at $22.07 per share.
  • With a rating of Overweight, Piper Jaffray initiated coverage on Facebook Inc (NASDAQ:FB). The price target is set at $230.00 for Facebook. Facebook earned $2.12 in the third quarter, compared to $1.76 in the year-ago quarter. Facebook's market cap stands at $575.0 billion. The stock has a 52-week-high of $208.66 and a 52-week-low of $123.02. Facebook's stock last closed at $199.70 per share.
  • With a rating of Hold, Jefferies initiated coverage on Fair Isaac Corp (NYSE:FICO). The price target is set at $370.00 for Fair Isaac. Fair Isaac earned $2.01 in the fourth quarter, compared to $1.89 in the year-ago quarter. Fair Isaac's market cap stands at $8.8 billion. The stock has a 52-week-high of $373.24 and a 52-week-low of $170.26. Fair Isaac's stock last closed at $359.85 per share.
  • With a rating of Overweight, PiperJaffray initiated coverage on Alphabet Inc (NASDAQ:GOOG). The price target is set at $1500.00 for Alphabet. For the third quarter, Alphabet had an EPS of $10.12, compared to year-ago quarter EPS of $13.06. The current market cap for Alphabet is at $899.7 billion. The stock has a 52-week-high of $1335.53 and a 52-week-low of $970.11. Alphabet's stock last closed at $1289.92 per share.
  • Piper Jaffray initiated coverage on Alphabet Inc (NASDAQ:GOOGL) with an Overweight rating. The price target for Alphabet is set at $1500.00. Alphabet earned $10.12 in the third quarter, compared to $13.06 in the year-ago quarter. The current market cap for Alphabet is at $899.7 billion. The stock has a 52-week-high of $1333.92 and a 52-week-low of $977.66. Alphabet's stock last closed at $1288.86 per share.
  • For Lattice Semiconductor Corp (NASDAQ:LSCC), William Blair initiated coverage, by setting the current rating at Outperform. In the third quarter, Lattice Semiconductor showed an EPS of $0.17, compared to $0.11 from the year-ago quarter. The current market cap for Lattice Semiconductor is at $2.6 billion. The stock has a 52-week-high of $21.58 and a 52-week-low of $5.93. Lattice Semiconductor's stock last closed at $18.59 per share.
  • With a rating of Buy, B. Riley initiated coverage on MTBC Inc (NASDAQ:MTBC). The price target is set at $6.25 for MTBC. MTBC earned $0.18 in the third quarter, compared to $0.04 in the year-ago quarter. The total market value of MTBC's outstanding shares is at $44.3 million. The stock has a 52-week-high of $5.50 and a 52-week-low of $3.25. MTBC's stock last closed at $4.06 per share.
  • With a rating of Neutral, Credit Suisse initiated coverage on NexTier Oilfield Solutions Inc (NYSE:NEX). The price target is set at $6.00 for NexTier Oilfield. The total market value of NexTier Oilfield's outstanding shares is at $964.2 million. The stock has a 52-week-high of $12.50 and a 52-week-low of $4.05. NexTier Oilfield's stock last closed at $5.08 per share.
  • Piper Jaffray initiated coverage on NIO Inc (NYSE:NIO) with a Neutral rating. The price target for NIO is set at $2.20. Interestingly, in the second quarter, NIO's EPS was ($0.45). NIO's market cap stands at $2.2 billion. The stock has a 52-week-high of $10.64 and a 52-week-low of $1.19. NIO's stock last closed at $2.43 per share.
  • With a rating of Overweight, Piper Jaffray initiated coverage on Niu Technologies (NASDAQ:NIU). The price target is set at $13.00 for Niu Technologies. Interestingly, in the third quarter, Niu Technologies's EPS was $0.12. The total market value of Niu Technologies's outstanding shares is at $627.4 million. The stock has a 52-week-high of $13.60 and a 52-week-low of $5.33. Niu Technologies's stock last closed at $8.66 per share.
  • With a rating of Buy, Goldman Sachs initiated coverage on uniQure NV (NASDAQ:QURE). The price target is set at $98.00 for uniQure. uniQure earned ($0.58) in the third quarter, compared to ($0.59) in the year-ago quarter. The current market cap for uniQure is at $2.1 billion. The stock has a 52-week-high of $82.49 and a 52-week-low of $24.07. uniQure's stock last closed at $54.78 per share.
  • Cowen & Co. initiated coverage on uniQure NV (NASDAQ:QURE) with an Outperform rating. For the third quarter, uniQure had an EPS of ($0.58), compared to year-ago quarter EPS of ($0.59). The total market value of uniQure's outstanding shares is at $2.1 billion. The stock has a 52-week-high of $82.49 and a 52-week-low of $24.07. uniQure's stock last closed at $54.78 per share.
  • HC Wainwright & Co. initiated coverage on Renewable Energy Group Inc (NASDAQ:REGI) with a Buy rating. The price target for Renewable Energy Group is set at $35.00. Renewable Energy Group earned ($0.07) in the third quarter, compared to $0.43 in the year-ago quarter. Renewable Energy Group's market cap stands at $664.7 million. The stock has a 52-week-high of $29.61 and a 52-week-low of $9.90. Renewable Energy Group's stock last closed at $17.25 per share.
  • With a rating of Buy, Needham initiated coverage on Trulieve Cannabis Corp (OTC:TCNNF). The price target is set at $20.00 for Trulieve Cannabis. 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 $13.13 per share.
  • Canaccord Genuity initiated coverage on TELA Bio Inc (NASDAQ:TELA) with a Buy rating. The price target for TELA Bio is set at $19.00. The stock has a 52-week-high of $15.05 and a 52-week-low of $10.78. TELA Bio's stock last closed at $12.31 per share.
  • With a rating of Overweight, PiperJaffray initiated coverage on TELA Bio Inc (NASDAQ:TELA). The price target is set at $17.00 for TELA Bio. The stock has a 52-week-high of $15.05 and a 52-week-low of $10.78. TELA Bio's stock last closed at $12.31 per share.
  • JMP Securities initiated coverage on TELA Bio Inc (NASDAQ:TELA) with a Market Outperform rating. The price target for TELA Bio is set at $22.00. The stock has a 52-week-high of $15.05 and a 52-week-low of $10.78. TELA Bio's stock last closed at $12.31 per share.
  • With a rating of Neutral, PiperJaffray initiated coverage on Uber Technologies Inc (NYSE:UBER). The price target is set at $26.00 for Uber Technologies. Interestingly, in the third quarter, Uber Technologies's EPS was ($0.66). The current market cap for Uber Technologies is at $50.4 billion. The stock has a 52-week-high of $47.08 and a 52-week-low of $25.58. Uber Technologies's stock last closed at $28.99 per share.
  • Bank of America initiated coverage on Advanced Drainage Systems Inc (NYSE:WMS) with a Buy rating. The price target for Advanced Drainage Systems is set at $46.00. For the second quarter, Advanced Drainage Systems had an EPS of $0.36, compared to year-ago quarter EPS of $0.45. The total market value of Advanced Drainage Systems's outstanding shares is at $2.5 billion. The stock has a 52-week-high of $39.69 and a 52-week-low of $23.04. Advanced Drainage Systems's stock last closed at $37.78 per share.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: UpgradesDowngradesInitiationIntraday UpdateAnalyst RatingsEnergyInformation TechnologyInitiationsOil & Gas DrillingSemiconductorstop upgrades