Benzinga's Top Upgrades, Downgrades For December 2, 2020


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Upgrades

  • According to MoffettNathanson, the prior rating for Verizon Communications Inc (NYSE:VZ) was changed from Neutral to Buy. In the third quarter, Verizon Communications showed an EPS of $1.25, compared to $1.25 from the year-ago quarter. The current stock performance of Verizon Communications shows a 52-week-high of 62.22 and a 52-week-low of 48.84. Moreover, at the end of the last trading period, the closing price was at $60.57.
  • Wells Fargo upgraded the previous rating for S&P Global Inc (NYSE:SPGI) from Equal-Weight to Overweight. For the third quarter, S&P Global had an EPS of $2.85, compared to year-ago quarter EPS of $2.46. The current stock performance of S&P Global shows a 52-week-high of 379.8699 and a 52-week-low of 186.055. Moreover, at the end of the last trading period, the closing price was at $334.41.
  • Deutsche Bank upgraded the previous rating for Kohl's Corp (NYSE:KSS) from Hold to Buy. For the third quarter, Kohl's had an EPS of $0.01, compared to year-ago quarter EPS of $0.74. At the moment, the stock has a 52-week-high of 51.595 and a 52-week-low of 10.89. Kohl's closed at $36.60 at the end of the last trading period.
  • Cross Research upgraded the previous rating for NetApp Inc (NASDAQ:NTAP) from Hold to Buy. In the second quarter, NetApp showed an EPS of $1.05, compared to $1.09 from the year-ago quarter. The stock has a 52-week-high of 65.38 and a 52-week-low of 34.66. At the end of the last trading period, NetApp closed at $54.16.
  • According to Goldman Sachs, the prior rating for Liberty Global PLC (NASDAQ:LBTYA) was changed from Neutral to Buy. Liberty Global earned $1.73 in the third quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of 24.125 and a 52-week-low of 15.235. At the end of the last trading period, Liberty Global closed at $23.21.
  • For Progressive Corp (NYSE:PGR), Keefe, Bruyette & Woods upgraded the previous rating of Underperform to the current rating Market Perform. Progressive earned $1.88 in the third quarter, compared to $1.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of 102.05 and a 52-week-low of 62.18. Progressive closed at $89.09 at the end of the last trading period.
  • Piper Sandler upgraded the previous rating for Asana Inc (NYSE:ASAN) from Neutral to Overweight. Asana earned $0.34 in the second quarter. At the moment, the stock has a 52-week-high of 29.96 and a 52-week-low of 20.57. Asana closed at $27.09 at the end of the last trading period.

 

Downgrades

  • BMO Capital downgraded the previous rating for Hasbro Inc (NASDAQ:HAS) from Outperform to Market Perform. Hasbro earned $1.88 in the third quarter, compared to $1.84 in the year-ago quarter. The current stock performance of Hasbro shows a 52-week-high of 109.5 and a 52-week-low of 41.33. Moreover, at the end of the last trading period, the closing price was at $96.19.
  • According to Bank of America, the prior rating for Genuine Parts Co (NYSE:GPC) was changed from Buy to Underperform. In the third quarter, Genuine Parts showed an EPS of $1.63, compared to $1.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of 107.08 and a 52-week-low of 49.681. Genuine Parts closed at $101.71 at the end of the last trading period.
  • For Sunnova Energy International Inc (NYSE:NOVA), Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. Sunnova Energy Intl earned $0.15 in the third quarter, compared to $0.62 in the year-ago quarter. The stock has a 52-week-high of 46.0 and a 52-week-low of 6.12. At the end of the last trading period, Sunnova Energy Intl closed at $40.11.
  • Truist Securities downgraded the previous rating for Dave & Buster's Entertainment Inc (NASDAQ:PLAY) from Buy to Hold. Dave & Buster's Enter earned $1.24 in the second quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of 48.8 and a 52-week-low of 4.605. At the end of the last trading period, Dave & Buster's Enter closed at $25.54.
  • According to Cowen & Co., the prior rating for Corsair Gaming Inc (NASDAQ:CRSR) was changed from Outperform to Market Perform. Corsair Gaming earned $0.54 in the third quarter, compared to $0.13 in the year-ago quarter. The stock has a 52-week-high of 51.37 and a 52-week-low of 14.09. At the end of the last trading period, Corsair Gaming closed at $40.23.
  • For Ovid Therapeutics Inc (NASDAQ:OVID), JMP Securities downgraded the previous rating of Market Outperform to the current rating Market Perform. For the third quarter, Ovid Therapeutics had an EPS of $0.28, compared to year-ago quarter EPS of $0.43. The stock has a 52-week-high of 9.4 and a 52-week-low of 1.8. At the end of the last trading period, Ovid Therapeutics closed at $6.65.
  • For HealthEquity Inc (NASDAQ:HQY), KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. In the second quarter, HealthEquity showed an EPS of $0.42, compared to $0.45 from the year-ago quarter. The stock has a 52-week-high of 88.78 and a 52-week-low of 34.4. At the end of the last trading period, HealthEquity closed at $74.40.

 

Initiations

  • B of A Securities initiated coverage on Strategic Education Inc (NASDAQ:STRA) with a Buy rating. The price target for Strategic Education is set to $107.00. In the third quarter, Strategic Education showed an EPS of $1.18, compared to $1.28 from the year-ago quarter. The stock has a 52-week-high of 187.975 and a 52-week-low of 81.83. At the end of the last trading period, Strategic Education closed at $94.25.
  • With a current rating of Neutral, Bank of America initiated coverage on The Aarons Co Inc (NYSE:AAN). The price target seems to have been set at $20.00 for Aarons. The stock has a 52-week-high of 67.2 and a 52-week-low of 13.005. At the end of the last trading period, Aarons closed at $18.34.
  • Goldman Sachs initiated coverage on 10x Genomics Inc (NASDAQ:TXG) with a Neutral rating. The price target for 10x Genomics is set to $150.00. In the third quarter, 10x Genomics showed an EPS of $0.65, compared to $0.33 from the year-ago quarter. The current stock performance of 10x Genomics shows a 52-week-high of 166.31 and a 52-week-low of 48.78. Moreover, at the end of the last trading period, the closing price was at $149.84.
  • Wedbush initiated coverage on Thor Industries Inc (NYSE:THO) with a Neutral rating. The price target for Thor Industries is set to $107.00. In the fourth quarter, Thor Industries showed an EPS of $2.14, compared to $1.67 from the year-ago quarter. The current stock performance of Thor Industries shows a 52-week-high of 121.33 and a 52-week-low of 32.3. Moreover, at the end of the last trading period, the closing price was at $99.15.
  • Wedbush initiated coverage on Winnebago Industries Inc (NYSE:WGO) with an Outperform rating. The price target for Winnebago Industries is set to $67.00. In the fourth quarter, Winnebago Industries showed an EPS of $1.45, compared to $1.03 from the year-ago quarter. The stock has a 52-week-high of 72.65 and a 52-week-low of 16.94. At the end of the last trading period, Winnebago Industries closed at $56.00.
  • MKM Partners initiated coverage on Whiting Petroleum Corp (NYSE:WLL) with a Buy rating. The price target for Whiting Petroleum is set to $30.00. Whiting Petroleum earned $0.34 in the third quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of 28.0 and a 52-week-low of 0.25. At the end of the last trading period, Whiting Petroleum closed at $22.52.
  • KeyBanc initiated coverage on PROG Holdings Inc (NYSE:PRG) with an Overweight rating. The price target for PROG Holdings is set to $65.00. At the moment, the stock has a 52-week-high of 57.9 and a 52-week-low of 54.0. PROG Holdings closed at $57.50 at the end of the last trading period.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Penny StocksUpgradesDowngradesInitiationSmall CapIntraday UpdateAnalyst RatingsInitiationstop upgrades