Benzinga's Top Upgrades, Downgrades For September 15, 2020


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Upgrades

  • DA Davidson upgraded the previous rating for Hancock Whitney Corp (NASDAQ:HWC) from Neutral to Buy. In the second quarter, Hancock Whitney showed an EPS of $0.11, compared to $1.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $44.42 and a 52-week-low of $14.32. Hancock Whitney closed at $20.01 at the end of the last trading period.
  • For Lancaster Colony Corp (NASDAQ:LANC), DA Davidson upgraded the previous rating of Neutral to the current rating Buy. Lancaster Colony earned $1.10 in the fourth quarter, compared to $1.30 in the year-ago quarter. The stock has a 52-week-high of $184.25 and a 52-week-low of $114.55. At the end of the last trading period, Lancaster Colony closed at $176.63.
  • B of A Securities upgraded the previous rating for M.D.C. Holdings Inc (NYSE:MDC) from Neutral to Buy. For the second quarter, M.D.C. Holdings had an EPS of $1.31, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $48.99 and a 52-week-low of $15.75. M.D.C. Holdings closed at $44.76 at the end of the last trading period.
  • B of A Securities upgraded the previous rating for The Western Union Co (NYSE:WU) from Neutral to Buy. The Western Union earned $0.41 in the second quarter, compared to $0.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.45 and a 52-week-low of $17.39. The Western Union closed at $22.57 at the end of the last trading period.
  • Barclays upgraded the previous rating for CyberArk Software Ltd (NASDAQ:CYBR) from Equal-Weight to Overweight. CyberArk Software earned $0.42 in the second quarter, compared to $0.59 in the year-ago quarter. The current stock performance of CyberArk Software shows a 52-week-high of $144.90 and a 52-week-low of $69.50. Moreover, at the end of the last trading period, the closing price was at $98.02.
  • Wells Fargo upgraded the previous rating for NextEra Energy Inc (NYSE:NEE) from Equal-Weight to Overweight. For the second quarter, NextEra Energy had an EPS of $2.61, compared to year-ago quarter EPS of $2.35. At the moment, the stock has a 52-week-high of $291.09 and a 52-week-low of $174.80. NextEra Energy closed at $281.93 at the end of the last trading period.
  • For Plantronics Inc (NYSE:PLT), JP Morgan upgraded the previous rating of Underweight to the current rating Neutral. In the first quarter, Plantronics showed an EPS of $0.33, compared to $1.32 from the year-ago quarter. The stock has a 52-week-high of $42.44 and a 52-week-low of $4.60. At the end of the last trading period, Plantronics closed at $11.72.
  • BTIG upgraded the previous rating for VF Corp (NYSE:VFC) from Neutral to Buy. VF earned $0.57 in the first quarter, compared to $0.30 in the year-ago quarter. The current stock performance of VF shows a 52-week-high of $100.25 and a 52-week-low of $45.07. Moreover, at the end of the last trading period, the closing price was at $73.22.

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Downgrades

  • For Immunomedics Inc (NASDAQ:IMMU), Jefferies downgraded the previous rating of Buy to the current rating Hold. In the fourth quarter, Immunomedics showed an EPS of $0.73, compared to $0.40 from the year-ago quarter. The stock has a 52-week-high of $86.91 and a 52-week-low of $8.80. At the end of the last trading period, Immunomedics closed at $83.65.
  • ICBC Research downgraded the previous rating for Trip.com Group Ltd (NASDAQ:TCOM) from Buy to Neutral. Trip.com Group earned $0.53 in the first quarter, compared to $0.44 in the year-ago quarter. At the moment, the stock has a 52-week-high of $38.95 and a 52-week-low of $20.10. Trip.com Group closed at $29.41 at the end of the last trading period.

 

Initiations

  • For Profound Medical Corp (NASDAQ:PROF), Jefferies initiated coverage, by setting the current rating at Buy. Profound Medical earned $0.46 in the second quarter, compared to $0.54 in the year-ago quarter. At the moment, the stock has a 52-week-high of $20.60 and a 52-week-low of $6.53. Profound Medical closed at $14.05 at the end of the last trading period.
  • Oppenheimer initiated coverage on Nano X Imaging Ltd (NASDAQ:NNOX) with a Perform rating. Nano X Imaging closed at $49.21 at the end of the last trading period.
  • With a current rating of Buy, Fearnleys initiated coverage on Atlas Corp (NYSE:ATCO). The price target seems to have been set at $12.00 for Atlas. Interestingly, in the second quarter, Atlas's EPS was $0.26. At the moment, the stock has a 52-week-high of $10.60 and a 52-week-low of $5.39. Atlas closed at $9.40 at the end of the last trading period.
  • With a current rating of Neutral, Citigroup initiated coverage on Brunswick Corp (NYSE:BC). The price target seems to have been set at $70.00 for Brunswick. For the second quarter, Brunswick had an EPS of $0.99, compared to year-ago quarter EPS of $1.45. The stock has a 52-week-high of $73.99 and a 52-week-low of $25.22. At the end of the last trading period, Brunswick closed at $62.98.
  • B of A Securities initiated coverage on Kymera Therapeutics Inc (NASDAQ:KYMR) with a Neutral rating. The price target for Kymera Therapeutics is set to $35.00. At the end of the last trading period, Kymera Therapeutics closed at $32.78.
  • With a current rating of Buy, Citigroup initiated coverage on Polaris Inc (NYSE:PII). The price target seems to have been set at $120.00 for Polaris. Polaris earned $1.30 in the second quarter, compared to $1.73 in the year-ago quarter. The current stock performance of Polaris shows a 52-week-high of $110.30 and a 52-week-low of $37.35. Moreover, at the end of the last trading period, the closing price was at $93.86.
  • Seaport Global initiated coverage on Hawaiian Holdings Inc (NASDAQ:HA) with a Neutral rating. For the second quarter, Hawaiian Holdings had an EPS of $3.81, compared to year-ago quarter EPS of $1.23. The current stock performance of Hawaiian Holdings shows a 52-week-high of $31.34 and a 52-week-low of $7.55. Moreover, at the end of the last trading period, the closing price was at $14.31.
  • Seaport Global initiated coverage on Delta Air Lines Inc (NYSE:DAL) with a Buy rating. The price target for Delta Air Lines is set to $43.00. Delta Air Lines earned $4.43 in the second quarter, compared to $2.35 in the year-ago quarter. The current stock performance of Delta Air Lines shows a 52-week-high of $62.48 and a 52-week-low of $17.51. Moreover, at the end of the last trading period, the closing price was at $32.83.
  • Seaport Global initiated coverage on Alaska Air Group Inc (NYSE:ALK) with a Buy rating. The price target for Alaska Air Group is set to $53.00. In the second quarter, Alaska Air Group showed an EPS of $3.54, compared to $2.17 from the year-ago quarter. The stock has a 52-week-high of $72.22 and a 52-week-low of $20.02. At the end of the last trading period, Alaska Air Group closed at $41.53.
  • With a current rating of Peer Perform, Wolfe Research initiated coverage on nVent Electric PLC (NYSE:NVT). The price target seems to have been set at $24.00 for nVent Electric. In the second quarter, nVent Electric showed an EPS of $0.29, compared to $0.44 from the year-ago quarter. The stock has a 52-week-high of $28.75 and a 52-week-low of $10.54. At the end of the last trading period, nVent Electric closed at $18.58.
  • With a current rating of Overweight, Morgan Stanley initiated coverage on Primerica Inc (NYSE:PRI). The price target seems to have been set at $149.00 for Primerica. In the second quarter, Primerica showed an EPS of $2.44, compared to $2.21 from the year-ago quarter. The stock has a 52-week-high of $138.05 and a 52-week-low of $61.20. At the end of the last trading period, Primerica closed at $122.08.
  • With a current rating of Buy, DA Davidson initiated coverage on Tupperware Brands Corp (NYSE:TUP). The price target seems to have been set at $30.00 for Tupperware Brands. In the second quarter, Tupperware Brands showed an EPS of $0.84, compared to $0.98 from the year-ago quarter. The current stock performance of Tupperware Brands shows a 52-week-high of $24.54 and a 52-week-low of $1.15. Moreover, at the end of the last trading period, the closing price was at $23.85.
  • With a current rating of Outperform, Wolfe Research initiated coverage on Vertiv Holdings Co (NYSE:VRT). The price target seems to have been set at $23.00 for Vertiv Holdings. The stock has a 52-week-high of $17.59 and a 52-week-low of $4.75. At the end of the last trading period, Vertiv Holdings closed at $17.54.
  • KeyBanc initiated coverage on Yelp Inc (NYSE:YELP) with a Sector Weight rating. In the second quarter, Yelp showed an EPS of $0.29, compared to $0.16 from the year-ago quarter. The current stock performance of Yelp shows a 52-week-high of $38.40 and a 52-week-low of $12.88. Moreover, at the end of the last trading period, the closing price was at $21.92.
  • For Twitter Inc (NYSE:TWTR), KeyBanc initiated coverage, by setting the current rating at Sector Weight. Twitter earned $1.39 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $44.09 and a 52-week-low of $20.00. At the end of the last trading period, Twitter closed at $38.77.
  • With a current rating of Overweight, KeyBanc initiated coverage on The Trade Desk Inc (NASDAQ:TTD). The price target seems to have been set at $580.00 for Trade Desk. For the second quarter, Trade Desk had an EPS of $0.92, compared to year-ago quarter EPS of $0.95. The current stock performance of Trade Desk shows a 52-week-high of $515.20 and a 52-week-low of $136.00. Moreover, at the end of the last trading period, the closing price was at $427.51.
  • KeyBanc initiated coverage on Spotify Technology SA (NYSE:SPOT) with a Sector Weight rating. In the second quarter, Spotify Technology showed an EPS of $2.10, compared to $0.47 from the year-ago quarter. At the moment, the stock has a 52-week-high of $299.67 and a 52-week-low of $109.18. Spotify Technology closed at $238.55 at the end of the last trading period.
  • With a current rating of Overweight, KeyBanc initiated coverage on Snap Inc (NYSE:SNAP). The price target seems to have been set at $29.00 for Snap. For the second quarter, Snap had an EPS of $0.09, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $26.76 and a 52-week-low of $7.89. At the end of the last trading period, Snap closed at $24.11.
  • KeyBanc initiated coverage on Roku Inc (NASDAQ:ROKU) with an Overweight rating. The price target for Roku is set to $228.00. Roku earned $0.35 in the second quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $185.44 and a 52-week-low of $58.22. At the end of the last trading period, Roku closed at $157.73.
  • KeyBanc initiated coverage on Pinterest Inc (NYSE:PINS) with an Overweight rating. The price target for Pinterest is set to $44.00. In the second quarter, Pinterest showed an EPS of $0.07, compared to $0.06 from the year-ago quarter. The current stock performance of Pinterest shows a 52-week-high of $39.64 and a 52-week-low of $10.10. Moreover, at the end of the last trading period, the closing price was at $36.32.
  • KeyBanc initiated coverage on Netflix Inc (NASDAQ:NFLX) with an Overweight rating. The price target for Netflix is set to $590.00. In the second quarter, Netflix showed an EPS of $1.59, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $575.37 and a 52-week-low of $252.28. At the end of the last trading period, Netflix closed at $476.26.
  • With a current rating of Overweight, KeyBanc initiated coverage on Match Group Inc (NASDAQ:MTCH). The price target seems to have been set at $138.00 for Match Group. Match Group earned $0.51 in the second quarter, compared to $0.43 in the year-ago quarter. At the moment, the stock has a 52-week-high of $123.00 and a 52-week-low of $44.74. Match Group closed at $108.26 at the end of the last trading period.
  • With a current rating of Overweight, KeyBanc initiated coverage on IAC/InterActiveCorp (NASDAQ:IAC). The price target seems to have been set at $160.00 for IAC/InterActiveCorp. For the second quarter, IAC/InterActiveCorp had an EPS of $1.13, compared to year-ago quarter EPS of $1.19. The stock has a 52-week-high of $324.74 and a 52-week-low of $100.22. At the end of the last trading period, IAC/InterActiveCorp closed at $121.29.
  • KeyBanc initiated coverage on Alphabet Inc (NASDAQ:GOOGL) with an Overweight rating. The price target for Alphabet is set to $1955.00. For the second quarter, Alphabet had an EPS of $10.13, compared to year-ago quarter EPS of $14.21. The stock has a 52-week-high of $1726.10 and a 52-week-low of $1008.87. At the end of the last trading period, Alphabet closed at $1508.83.
  • KeyBanc initiated coverage on Facebook Inc (NASDAQ:FB) with an Overweight rating. The price target for Facebook is set to $330.00. For the second quarter, Facebook had an EPS of $1.80, compared to year-ago quarter EPS of $1.99. At the moment, the stock has a 52-week-high of $304.67 and a 52-week-low of $137.10. Facebook closed at $266.15 at the end of the last trading period.

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 RatingsElectronic Equipment ManufacturersInformation TechnologyInitiationstop upgrades