Market Overview

Benzinga's Top Upgrades, Downgrades For October 14, 2019

Share:

Upgrades

  • Cowen & Co. changed the rating for Arconic Inc (NYSE: ARNC) from Market Perform to Outperform. For the second quarter, Arconic had an EPS of $0.58, compared to year-ago quarter EPS of $0.37. The current market cap for Arconic is at $11.2 billion. The stock has a 52-week-high of $27.41 and a 52-week-low of $15.63. Arconic's stock last closed at $26.45 per share.
  • Monness Crespi Hardt changed the rating for Ashland Global Holdings Inc (NYSE: ASH) from Neutral to Buy. In the third quarter, Ashland Global Holdings showed an EPS of $0.77, compared to $1.13 from the year-ago quarter. The current market cap for Ashland Global Holdings is at $4.6 billion. The stock has a 52-week-high of $84.81 and a 52-week-low of $64.94. Ashland Global Holdings's stock last closed at $76.75 per share.
  • For Hewlett Packard Enterprise Co (NYSE: HPE), Evercore ISI Group upgraded the stock from Underperform to In-Line. For the third quarter, Hewlett Packard had an EPS of $0.45, compared to year-ago quarter EPS of $0.44. The current market cap for Hewlett Packard is at $18.6 billion. The stock has a 52-week-high of $16.97 and a 52-week-low of $12.09. Hewlett Packard's stock last closed at $14.35 per share.
  • First Analysis changed the rating for LeMaitre Vascular Inc (NASDAQ: LMAT) from Outperform to Strong Buy. For the second quarter, LeMaitre Vascular had an EPS of $0.23, compared to year-ago quarter EPS of $0.43. The current market cap for LeMaitre Vascular is at $689.4 million. The stock has a 52-week-high of $36.06 and a 52-week-low of $21.79. LeMaitre Vascular's stock last closed at $31.33 per share.
  • Bank of America upgraded the stock for Nike Inc (NYSE: NKE) from Underperform to Neutral. In the first quarter, Nike showed an EPS of $0.86, compared to $0.67 from the year-ago quarter. Nike's market cap stands at $146.6 billion. The stock has a 52-week-high of $94.75 and a 52-week-low of $66.53. Nike's stock last closed at $93.84 per share.
  • Imperial Capital changed the rating for Planet Fitness Inc (NYSE: PLNT) from In-Line to Outperform. Planet Fitness earned $0.45 in the second quarter, compared to $0.34 in the year-ago quarter. The current market cap for Planet Fitness is at $5.7 billion. The stock has a 52-week-high of $81.90 and a 52-week-low of $44.97. Planet Fitness's stock last closed at $58.67 per share.

 

Downgrades

  • Evercore ISI Group downgraded the stock for AMC Networks Inc (NASDAQ: AMCX) from In-Line to Underperform. AMC Networks earned $2.60 in the second quarter, compared to $1.93 in the year-ago quarter. The current market cap for AMC Networks is at $2.6 billion. The stock has a 52-week-high of $68.42 and a 52-week-low of $46.31. AMC Networks's stock last closed at $48.40 per share.
  • For TD Ameritrade Holding Corp (NASDAQ: AMTD), Citi downgraded the stock from Neutral to Sell. For the third quarter, TD Ameritrade Holding had an EPS of $1.04, compared to year-ago quarter EPS of $0.89. The total market value of TD Ameritrade Holding's outstanding shares is at $26.3 billion. The stock has a 52-week-high of $57.88 and a 52-week-low of $32.69. TD Ameritrade Holding's stock last closed at $35.28 per share.
  • Bank of America downgraded the stock for Blackstone Group Inc (NYSE: BX) from Buy to Neutral. For the second quarter, Blackstone Group had an EPS of $0.45, compared to year-ago quarter EPS of $0.90. The total market value of Blackstone Group's outstanding shares is at $58.3 billion. The stock has a 52-week-high of $55.17 and a 52-week-low of $26.88. Blackstone Group's stock last closed at $47.09 per share.
  • Seaport Global changed the rating for Canopy Growth Corp (NYSE: CGC) from Buy to Neutral. Canopy Growth earned ($0.23) in the first quarter, compared to ($0.30) in the year-ago quarter. The current market cap for Canopy Growth is at $11.0 billion. The stock has a 52-week-high of $59.25 and a 52-week-low of $19.26. Canopy Growth's stock last closed at $19.43 per share.
  • OTR Global downgraded the stock for Check Point Software Technologies Ltd (NASDAQ: CHKP) from Mixed to Negative. In the second quarter, Check Point Software Tech showed an EPS of $1.38, compared to $1.37 from the year-ago quarter. The current market cap for Check Point Software Tech is at $16.4 billion. The stock has a 52-week-high of $132.75 and a 52-week-low of $98.57. Check Point Software Tech's stock last closed at $111.26 per share.
  • Stephens & Co. changed the rating for Delta Air Lines Inc (NYSE: DAL) from Overweight to Equal-Weight. For the third quarter, Delta Air Lines had an EPS of $2.32, compared to year-ago quarter EPS of $1.80. Delta Air Lines's market cap stands at $37.4 billion. The stock has a 52-week-high of $63.44 and a 52-week-low of $45.08. Delta Air Lines's stock last closed at $52.93 per share.
  • Baird changed the rating for Equity Residential (NYSE: EQR) from Neutral to Underperform. In the second quarter, Equity Residential showed an EPS of $0.86, compared to $0.81 from the year-ago quarter. Equity Residential's market cap stands at $31.6 billion. The stock has a 52-week-high of $88.49 and a 52-week-low of $62.40. Equity Residential's stock last closed at $87.68 per share.
  • Raymond James changed the rating for Fastenal Co (NASDAQ: FAST) from Strong Buy to Market Perform. For the third quarter, Fastenal had an EPS of $0.37, compared to year-ago quarter EPS of $0.57. The total market value of Fastenal's outstanding shares is at $18.7 billion. The stock has a 52-week-high of $36.58 and a 52-week-low of $24.00. Fastenal's stock last closed at $36.34 per share.
  • For HEXO Corp (NYSE: HEXO), Seaport Global downgraded the stock from Buy to Neutral. Interestingly, in the third quarter, HEXO's EPS was ($0.04). The current market cap for HEXO is at $1.2 billion. The stock has a 52-week-high of $8.40 and a 52-week-low of $2.52. HEXO's stock last closed at $2.54 per share.
  • Needham changed the rating for IPG Photonics Corp (NASDAQ: IPGP) from Buy to Hold. For the second quarter, IPG Photonics had an EPS of $1.34, compared to year-ago quarter EPS of $2.24. IPG Photonics's market cap stands at $6.9 billion. The stock has a 52-week-high of $182.17 and a 52-week-low of $104.64. IPG Photonics's stock last closed at $136.01 per share.
  • For McDonald's Corp (NYSE: MCD), Kalinowski downgraded the stock from Buy to Neutral. In the second quarter, McDonald's showed an EPS of $2.05, compared to $1.99 from the year-ago quarter. The current market cap for McDonald's is at $161.0 billion. The stock has a 52-week-high of $221.93 and a 52-week-low of $161.82. McDonald's's stock last closed at $209.02 per share.
  • Wells Fargo changed the rating for Mohawk Industries Inc (NYSE: MHK) from Market Perform to Underperform. Mohawk Industries earned $2.89 in the second quarter, compared to $3.51 in the year-ago quarter. The current market cap for Mohawk Industries is at $8.6 billion. The stock has a 52-week-high of $161.44 and a 52-week-low of $108.93. Mohawk Industries's stock last closed at $124.39 per share.
  • BTIG downgraded the stock for Insulet Corp (NASDAQ: PODD) from Buy to Neutral. Insulet earned $0.02 in the second quarter, compared to ($0.03) in the year-ago quarter. Insulet's market cap stands at $10.1 billion. The stock has a 52-week-high of $168.98 and a 52-week-low of $70.80. Insulet's stock last closed at $153.39 per share.

 

Initiations

  • With a rating of Market Perform, Wells Fargo initiated coverage on Beyond Meat Inc (NASDAQ: BYND). The price target is set at $125.00 for Beyond Meat. Beyond Meat earned $0.06 in the second quarter, compared to ($1.22) in the year-ago quarter. The total market value of Beyond Meat's outstanding shares is at $8.6 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 $131.39 per share.
  • With a rating of Sell, Citi initiated coverage on CrowdStrike Holdings Inc (NASDAQ: CRWD). The price target is set at $43.00 for CrowdStrike Holdings. Interestingly, in the second quarter, CrowdStrike Holdings's EPS was ($0.18). CrowdStrike Holdings's market cap stands at $14.1 billion. The stock has a 52-week-high of $101.88 and a 52-week-low of $51.61. CrowdStrike Holdings's stock last closed at $60.27 per share.
  • Jefferies initiated coverage on Datadog Inc (NASDAQ: DDOG) with a Hold rating. The price target for Datadog is set at $34.00. The total market value of Datadog's outstanding shares is at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • With a rating of Buy, Stifel Nicolaus initiated coverage on Datadog Inc (NASDAQ: DDOG). The price target is set at $40.00 for Datadog. The current market cap for Datadog is at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • JP Morgan initiated coverage on Datadog Inc (NASDAQ: DDOG) with an Overweight rating. The price target for Datadog is set at $45.00. The total market value of Datadog's outstanding shares is at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • With a rating of Overweight, Barclays initiated coverage on Datadog Inc (NASDAQ: DDOG). The price target is set at $45.00 for Datadog. The current market cap for Datadog is at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • Goldman Sachs initiated coverage on Datadog Inc (NASDAQ: DDOG) with a Neutral rating. The price target for Datadog is set at $33.00. The current market cap for Datadog is at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • With a rating of Equal-Weight, Morgan Stanley initiated coverage on Datadog Inc (NASDAQ: DDOG). The price target is set at $39.00 for Datadog. The current market cap for Datadog is at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • For Datadog Inc (NASDAQ: DDOG), William Blair initiated coverage, by setting the current rating at Outperform. Datadog's market cap stands at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • For Datadog Inc (NASDAQ: DDOG), Raymond James initiated coverage, by setting the current rating at Market Perform. Datadog's market cap stands at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • For Datadog Inc (NASDAQ: DDOG), JMP Securities initiated coverage, by setting the current rating at Market Perform. The total market value of Datadog's outstanding shares is at $9.9 billion. The stock has a 52-week-high of $41.44 and a 52-week-low of $30.01. Datadog's stock last closed at $35.67 per share.
  • For Physicians Realty Trust (NYSE: DOC), Bank of America initiated coverage, by setting the current rating at Neutral. Physicians Realty Trust earned $0.21 in the second quarter, compared to $0.28 in the year-ago quarter. The total market value of Physicians Realty Trust's outstanding shares is at $3.2 billion. The stock has a 52-week-high of $19.16 and a 52-week-low of $15.18. Physicians Realty Trust's stock last closed at $17.55 per share.
  • With a rating of Buy, Ladenburg Thalmann initiated coverage on GrowGeneration Corp (OTC: GRWG). The price target is set at $7.00 for GrowGeneration. GrowGeneration's market cap stands at $164.1 million. The stock has a 52-week-high of $5.75 and a 52-week-low of $2.05. GrowGeneration's stock last closed at $3.75 per share.
  • Bank of America initiated coverage on Medical Properties Trust Inc (NYSE: MPW) with a Neutral rating. The price target for Medical Properties Trust is set at $19.50. Medical Properties Trust earned $0.31 in the second quarter, compared to $0.36 in the year-ago quarter. Medical Properties Trust's market cap stands at $8.7 billion. The stock has a 52-week-high of $20.02 and a 52-week-low of $13.98. Medical Properties Trust's stock last closed at $19.78 per share.
  • Citigroup initiated coverage on Okta Inc (NASDAQ: OKTA) with a Buy rating. The price target for Okta is set at $150.00. Okta earned ($0.05) in the second quarter, compared to ($0.15) in the year-ago quarter. The current market cap for Okta is at $12.2 billion. The stock has a 52-week-high of $141.85 and a 52-week-low of $41.88. Okta's stock last closed at $116.24 per share.
  • With a rating of Buy, Bank of America initiated coverage on Ping Identity Holding Corp (NYSE: PING). The price target is set at $21.00 for Ping Identity Holding. Ping Identity Holding's market cap stands at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • With a rating of Overweight, Barclays initiated coverage on Ping Identity Holding Corp (NYSE: PING). The price target is set at $21.00 for Ping Identity Holding. Ping Identity Holding's market cap stands at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • With a rating of Buy, Goldman Sachs initiated coverage on Ping Identity Holding Corp (NYSE: PING). The price target is set at $24.00 for Ping Identity Holding. Ping Identity Holding's market cap stands at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • With a rating of Buy, Deutsche Bank initiated coverage on Ping Identity Holding Corp (NYSE: PING). The price target is set at $21.00 for Ping Identity Holding. The current market cap for Ping Identity Holding is at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • Stifel Nicolaus initiated coverage on Ping Identity Holding Corp (NYSE: PING) with a Buy rating. The price target for Ping Identity Holding is set at $24.00. The current market cap for Ping Identity Holding is at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • William Blair initiated coverage on Ping Identity Holding Corp (NYSE: PING) with an Outperform rating. Ping Identity Holding's market cap stands at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • Oppenheimer initiated coverage on Ping Identity Holding Corp (NYSE: PING) with an Outperform rating. The price target for Ping Identity Holding is set at $22.00. The total market value of Ping Identity Holding's outstanding shares is at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • With a rating of Buy, Citi initiated coverage on Ping Identity Holding Corp (NYSE: PING). The price target is set at $22.00 for Ping Identity Holding. Ping Identity Holding's market cap stands at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • For Ping Identity Holding Corp (NYSE: PING), Mizuho initiated coverage, by setting the current rating at Buy. Ping Identity Holding's market cap stands at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.
  • Raymond James initiated coverage on Ping Identity Holding Corp (NYSE: PING) with an Outperform rating. The price target for Ping Identity Holding is set at $21.00. The current market cap for Ping Identity Holding is at $1.4 billion. The stock has a 52-week-high of $21.00 and a 52-week-low of $15.51. Ping Identity Holding's stock last closed at $16.47 per share.

Posted-In: Initiations top upgradesUpgrades Downgrades Initiation Intraday Update Analyst Ratings

 

Related Articles (AMTD + AMCX)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
SPLKCleveland ResearchDowngrades
IQVWolfe ResearchUpgrades
PRAHWolfe ResearchUpgrades
DEBank of AmericaDowngrades
SYYCitigroupMaintains84.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

The Financial World Of The Future, Part 3

Mid-Morning Market Update: Markets Mostly Flat; Aecom Sells Management Services Business