Market Overview

Benzinga's Top Upgrades, Downgrades For December 13, 2019

Share:

Upgrades

  • Citigroup changed the rating for Agree Realty Corp (NYSE: ADC) from Neutral to Buy. In the third quarter, Agree Realty showed an EPS of $0.77, compared to $0.72 from the year-ago quarter. The total market value of Agree Realty's outstanding shares is at $3.3 billion. The stock has a 52-week-high of $79.54 and a 52-week-low of $56.46. Agree Realty's stock last closed at $69.48 per share.
  • JP Morgan changed the rating for Akzo Nobel NV (OTC: AKZOY) from Underweight to Neutral. The total market value of Akzo Nobel's outstanding shares is at $19.1 billion. The stock has a 52-week-high of $37.12 and a 52-week-low of $27.37. Akzo Nobel's stock last closed at $33.35 per share.
  • JP Morgan changed the rating for Bausch Health Companies Inc (NYSE: BHC) from Neutral to Overweight. In the third quarter, Bausch Health Companies showed an EPS of $1.19, compared to $1.15 from the year-ago quarter. The current market cap for Bausch Health Companies is at $8.7 billion. The stock has a 52-week-high of $31.97 and a 52-week-low of $17.20. Bausch Health Companies's stock last closed at $31.89 per share.
  • Citigroup changed the rating for Physicians Realty Trust (NYSE: DOC) from Neutral to Buy. For the third quarter, Physicians Realty Trust had an EPS of $0.27, compared to year-ago quarter EPS of $0.28. The current market cap for Physicians Realty Trust is at $3.4 billion. The stock has a 52-week-high of $19.34 and a 52-week-low of $15.18. Physicians Realty Trust's stock last closed at $18.30 per share.
  • UBS upgraded the stock for FedEx Corp (NYSE: FDX) from Sell to Neutral. FedEx earned $3.05 in the first quarter, compared to $3.46 in the year-ago quarter. The current market cap for FedEx is at $39.8 billion. The stock has a 52-week-high of $199.32 and a 52-week-low of $137.78. FedEx's stock last closed at $164.93 per share.
  • For General Electric Co (NYSE: GE), UBS upgraded the stock from Neutral to Buy. In the third quarter, General Electric showed an EPS of $0.15, compared to $0.14 from the year-ago quarter. The current market cap for General Electric is at $87.1 billion. The stock has a 52-week-high of $11.84 and a 52-week-low of $6.44. General Electric's stock last closed at $11.44 per share.
  • For Globus Medical Inc (NYSE: GMED), Wells Fargo upgraded the stock from Equal-Weight to Overweight. Globus Medical earned $0.43 in the third quarter, compared to $0.39 in the year-ago quarter. Globus Medical's market cap stands at $5.2 billion. The stock has a 52-week-high of $58.25 and a 52-week-low of $38.01. Globus Medical's stock last closed at $57.78 per share.
  • Credit Suisse changed the rating for The Home Depot Inc (NYSE: HD) from Neutral to Outperform. Home Depot earned $2.53 in the third quarter, compared to $2.51 in the year-ago quarter. The current market cap for Home Depot is at $240.5 billion. The stock has a 52-week-high of $239.31 and a 52-week-low of $158.09. Home Depot's stock last closed at $212.06 per share.
  • Citigroup changed the rating for Healthcare Realty Trust Inc (NYSE: HR) from Neutral to Buy. In the third quarter, Healthcare Realty Trust showed an EPS of $0.40, compared to $0.39 from the year-ago quarter. The current market cap for Healthcare Realty Trust is at $4.6 billion. The stock has a 52-week-high of $34.89 and a 52-week-low of $27.08. Healthcare Realty Trust's stock last closed at $32.36 per share.
  • Evercore ISI Group upgraded the stock for The Kroger Co (NYSE: KR) from In-Line to Outperform. Kroger earned $0.47 in the third quarter, compared to $0.48 in the year-ago quarter. The current market cap for Kroger is at $21.9 billion. The stock has a 52-week-high of $30.40 and a 52-week-low of $20.70. Kroger's stock last closed at $28.19 per share.
  • Stifel changed the rating for Mednax Inc (NYSE: MD) from Hold to Buy. In the third quarter, Mednax showed an EPS of $0.91, compared to $0.94 from the year-ago quarter. The current market cap for Mednax is at $1.8 billion. The stock has a 52-week-high of $39.14 and a 52-week-low of $19.93. Mednax's stock last closed at $28.17 per share.
  • JP Morgan changed the rating for Model N Inc (NYSE: MODN) from Neutral to Overweight. For the fourth quarter, Model N had an EPS of $0.12, compared to year-ago quarter EPS of $0.06. The total market value of Model N's outstanding shares is at $974.4 million. The stock has a 52-week-high of $32.90 and a 52-week-low of $12.98. Model N's stock last closed at $32.73 per share.
  • Citigroup upgraded the stock for Realty Income Corp (NYSE: O) from Neutral to Buy. In the third quarter, Realty Income showed an EPS of $0.83, compared to $0.81 from the year-ago quarter. The total market value of Realty Income's outstanding shares is at $26.6 billion. The stock has a 52-week-high of $82.17 and a 52-week-low of $59.93. Realty Income's stock last closed at $73.14 per share.
  • Evercore ISI Group upgraded the stock for Oceaneering International Inc (NYSE: OII) from In-Line to Outperform. For the third quarter, Oceaneering International had an EPS of ($0.30), compared to year-ago quarter EPS of ($0.14). The total market value of Oceaneering International's outstanding shares is at $1.4 billion. The stock has a 52-week-high of $21.29 and a 52-week-low of $10.74. Oceaneering International's stock last closed at $14.44 per share.

 

Downgrades

  • JP Morgan changed the rating for Autodesk Inc (NASDAQ: ADSK) from Neutral to Underweight. Autodesk earned $0.78 in the third quarter, compared to $0.29 in the year-ago quarter. The current market cap for Autodesk is at $39.7 billion. The stock has a 52-week-high of $181.55 and a 52-week-low of $117.72. Autodesk's stock last closed at $177.90 per share.
  • For Allegion PLC (NYSE: ALLE), Barclays downgraded the stock from Overweight to Equal-Weight. In the third quarter, Allegion showed an EPS of $1.47, compared to $1.23 from the year-ago quarter. The total market value of Allegion's outstanding shares is at $10.7 billion. The stock has a 52-week-high of $125.75 and a 52-week-low of $74.83. Allegion's stock last closed at $124.49 per share.
  • Raymond James downgraded the stock for Amneal Pharmaceuticals Inc (NYSE: AMRX) from Outperform to Market Perform. Amneal Pharmaceuticals earned $0.04 in the third quarter, compared to $0.28 in the year-ago quarter. The current market cap for Amneal Pharmaceuticals is at $959.2 million. The stock has a 52-week-high of $17.33 and a 52-week-low of $2.27. Amneal Pharmaceuticals's stock last closed at $5.04 per share.
  • JP Morgan downgraded the stock for Ansys Inc (NASDAQ: ANSS) from Neutral to Underweight. In the third quarter, Ansys showed an EPS of $1.42, compared to $1.31 from the year-ago quarter. The total market value of Ansys's outstanding shares is at $21.7 billion. The stock has a 52-week-high of $258.52 and a 52-week-low of $136.80. Ansys's stock last closed at $251.02 per share.
  • For Apollo Global Management Inc (NYSE: APO), UBS downgraded the stock from Buy to Neutral. In the third quarter, Apollo Global Management showed an EPS of $0.54, compared to $0.83 from the year-ago quarter. The total market value of Apollo Global Management's outstanding shares is at $17.6 billion. The stock has a 52-week-high of $45.28 and a 52-week-low of $22.63. Apollo Global Management's stock last closed at $44.43 per share.
  • For Bright Scholar Education Holdings Ltd (NYSE: BEDU), Goldman Sachs downgraded the stock from Buy to Neutral. Bright Scholar Education earned ($0.04) in the fourth quarter, compared to $0.02 in the year-ago quarter. Bright Scholar Education's market cap stands at $1.1 billion. The stock has a 52-week-high of $12.70 and a 52-week-low of $8.40. Bright Scholar Education's stock last closed at $9.53 per share.
  • For Caterpillar Inc (NYSE: CAT), Standpoint Research downgraded the stock from Buy to Hold. For the third quarter, Caterpillar had an EPS of $2.66, compared to year-ago quarter EPS of $2.86. The current market cap for Caterpillar is at $79.9 billion. The stock has a 52-week-high of $148.47 and a 52-week-low of $111.75. Caterpillar's stock last closed at $146.78 per share.
  • UBS downgraded the stock for The Carlyle Group LP (NASDAQ: CG) from Buy to Neutral. For the third quarter, Carlyle Group had an EPS of $0.55, compared to year-ago quarter EPS of $0.25. The total market value of Carlyle Group's outstanding shares is at $9.4 billion. The stock has a 52-week-high of $30.30 and a 52-week-low of $15.09. Carlyle Group's stock last closed at $29.83 per share.
  • Needham downgraded the stock for FormFactor Inc (NASDAQ: FORM) from Buy to Hold. FormFactor earned $0.22 in the third quarter, compared to $0.26 in the year-ago quarter. The current market cap for FormFactor is at $1.6 billion. The stock has a 52-week-high of $25.50 and a 52-week-low of $12.71. FormFactor's stock last closed at $24.97 per share.
  • Wells Fargo changed the rating for Glaukos Corp (NYSE: GKOS) from Overweight to Underweight. Glaukos earned ($0.10) in the third quarter, compared to ($0.19) in the year-ago quarter. Glaukos's market cap stands at $2.3 billion. The stock has a 52-week-high of $84.65 and a 52-week-low of $50.60. Glaukos's stock last closed at $56.99 per share.
  • Gordon Haskett downgraded the stock for The Home Depot Inc (NYSE: HD) from Buy to Accumulate. In the third quarter, Home Depot showed an EPS of $2.53, compared to $2.51 from the year-ago quarter. The total market value of Home Depot's outstanding shares is at $240.5 billion. The stock has a 52-week-high of $239.31 and a 52-week-low of $158.09. Home Depot's stock last closed at $212.06 per share.
  • For Miragen Therapeutics Inc (NASDAQ: MGEN), Baird downgraded the stock from Outperform to Neutral. Miragen Therapeutics earned ($0.36) in the third quarter, compared to ($0.29) in the year-ago quarter. The current market cap for Miragen Therapeutics is at $20.4 million. The stock has a 52-week-high of $4.96 and a 52-week-low of $0.54. Miragen Therapeutics's stock last closed at $0.64 per share.
  • Wells Fargo downgraded the stock for Merit Medical Systems Inc (NASDAQ: MMSI) from Equal-Weight to Underweight. For the third quarter, Merit Medical Systems had an EPS of $0.28, compared to year-ago quarter EPS of $0.47. The total market value of Merit Medical Systems's outstanding shares is at $1.1 billion. The stock has a 52-week-high of $63.64 and a 52-week-low of $19.50. Merit Medical Systems's stock last closed at $30.00 per share.
  • Wedbush changed the rating for Children's Place Inc (NASDAQ: PLCE) from Outperform to Neutral. In the third quarter, Children's Place showed an EPS of $3.03, compared to $3.07 from the year-ago quarter. Children's Place's market cap stands at $1.1 billion. The stock has a 52-week-high of $116.84 and a 52-week-low of $53.62. Children's Place's stock last closed at $58.83 per share.

 

Initiations

  • With a rating of Outperform, Oppenheimer initiated coverage on Amyris Inc (NASDAQ: AMRS). The price target is set at $8.00 for Amyris. Amyris earned ($0.45) in the third quarter, compared to ($0.63) in the year-ago quarter. The total market value of Amyris's outstanding shares is at $346.1 million. The stock has a 52-week-high of $6.06 and a 52-week-low of $1.87. Amyris's stock last closed at $3.50 per share.
  • Stephens & Co. initiated coverage on Apergy Corp (NYSE: APY) with an Overweight rating. The price target for Apergy is set at $34.00. Apergy earned $0.27 in the third quarter, compared to $0.37 in the year-ago quarter. The total market value of Apergy's outstanding shares is at $1.9 billion. The stock has a 52-week-high of $43.40 and a 52-week-low of $23.62. Apergy's stock last closed at $29.11 per share.
  • Wedbush initiated coverage on Biohaven Pharmaceutical Holding Co Ltd (NYSE: BHVN) with an Outperform rating. The price target for Biohaven Pharmaceutical is set at $75.00. In the third quarter, Biohaven Pharmaceutical showed an EPS of ($2.04), compared to ($1.53) from the year-ago quarter. The total market value of Biohaven Pharmaceutical's outstanding shares is at $2.3 billion. The stock has a 52-week-high of $67.86 and a 52-week-low of $29.17. Biohaven Pharmaceutical's stock last closed at $51.01 per share.
  • With a rating of Overweight, Stephens & Co. initiated coverage on Baker Hughes Co (NYSE: BKR). The price target is set at $28.00 for Baker Hughes. The current market cap for Baker Hughes is at $21.9 billion. The stock has a 52-week-high of $28.65 and a 52-week-low of $20.09. Baker Hughes's stock last closed at $23.76 per share.
  • Goldman Sachs initiated coverage on Bloomin Brands Inc (NASDAQ: BLMN) with a Buy rating. The price target for Bloomin Brands is set at $25.00. For the third quarter, Bloomin Brands had an EPS of $0.10, compared to year-ago quarter EPS of $0.10. Bloomin Brands's market cap stands at $1.7 billion. The stock has a 52-week-high of $24.29 and a 52-week-low of $15.12. Bloomin Brands's stock last closed at $22.08 per share.
  • Goldman Sachs initiated coverage on Cheesecake Factory Inc (NASDAQ: CAKE) with a Neutral rating. The price target for Cheesecake Factory is set at $41.00. Cheesecake Factory earned $0.59 in the third quarter, compared to $0.62 in the year-ago quarter. The total market value of Cheesecake Factory's outstanding shares is at $1.8 billion. The stock has a 52-week-high of $51.15 and a 52-week-low of $35.83. Cheesecake Factory's stock last closed at $40.19 per share.
  • With a rating of Neutral, UBS initiated coverage on Cognex Corp (NASDAQ: CGNX). The price target is set at $52.00 for Cognex. For the third quarter, Cognex had an EPS of $0.23, compared to year-ago quarter EPS of $0.39. The current market cap for Cognex is at $8.7 billion. The stock has a 52-week-high of $57.31 and a 52-week-low of $34.88. Cognex's stock last closed at $53.99 per share.
  • PiperJaffray initiated coverage on The Chefs' Warehouse Inc (NASDAQ: CHEF) with an Overweight rating. The price target for The Chefs' Warehouse is set at $41.00. In the third quarter, The Chefs' Warehouse showed an EPS of $0.23, compared to $0.19 from the year-ago quarter. The Chefs' Warehouse's market cap stands at $1.0 billion. The stock has a 52-week-high of $42.06 and a 52-week-low of $29.56. The Chefs' Warehouse's stock last closed at $36.36 per share.
  • Raymond James initiated coverage on Capital Southwest Corp (NASDAQ: CSWC) with an Outperform rating. The price target for Capital Southwest is set at $23.50. For the second quarter, Capital Southwest had an EPS of $0.38, compared to year-ago quarter EPS of $0.34. The current market cap for Capital Southwest is at $392.8 million. The stock has a 52-week-high of $22.90 and a 52-week-low of $17.22. Capital Southwest's stock last closed at $22.10 per share.
  • With a rating of Sell, Goldman Sachs initiated coverage on Darden Restaurants Inc (NYSE: DRI). The price target is set at $115.00 for Darden Restaurants. For the first quarter, Darden Restaurants had an EPS of $1.38, compared to year-ago quarter EPS of $1.34. The current market cap for Darden Restaurants is at $13.7 billion. The stock has a 52-week-high of $128.41 and a 52-week-low of $95.83. Darden Restaurants's stock last closed at $116.29 per share.
  • With a rating of Buy, Goldman Sachs initiated coverage on Brinker International Inc (NYSE: EAT). The price target is set at $50.00 for Brinker International. Brinker International earned $0.41 in the first quarter, compared to $0.47 in the year-ago quarter. Brinker International's market cap stands at $1.6 billion. The stock has a 52-week-high of $51.72 and a 52-week-low of $36.44. Brinker International's stock last closed at $42.42 per share.
  • With a rating of Neutral, UBS initiated coverage on Emerson Electric Co (NYSE: EMR). The price target is set at $78.00 for Emerson Electric. Emerson Electric earned $1.07 in the fourth quarter, compared to $0.89 in the year-ago quarter. The current market cap for Emerson Electric is at $44.9 billion. The stock has a 52-week-high of $77.12 and a 52-week-low of $55.38. Emerson Electric's stock last closed at $76.95 per share.
  • UBS initiated coverage on Eaton Corp PLC (NYSE: ETN) with a Neutral rating. The price target for Eaton is set at $98.00. In the third quarter, Eaton showed an EPS of $1.52, compared to $1.43 from the year-ago quarter. The current market cap for Eaton is at $36.0 billion. The stock has a 52-week-high of $94.64 and a 52-week-low of $64.46. Eaton's stock last closed at $94.46 per share.
  • With a rating of Buy, Dougherty & Co. initiated coverage on Arcimoto Inc (NASDAQ: FUV). The price target is set at $3.50 for Arcimoto. Arcimoto earned ($0.22) in the third quarter, compared to ($0.20) in the year-ago quarter. The current market cap for Arcimoto is at $33.4 million. The stock has a 52-week-high of $7.35 and a 52-week-low of $1.53. Arcimoto's stock last closed at $1.66 per share.
  • Cantor Fitzgerald initiated coverage on Fiverr International Ltd (NYSE: FVRR) with a Neutral rating. In the third quarter, Fiverr International earned ($0.12). Fiverr International's market cap stands at $700.8 million. The stock has a 52-week-high of $44.25 and a 52-week-low of $17.11. Fiverr International's stock last closed at $22.08 per share.
  • DA Davidson initiated coverage on Home Bancorp Inc (NASDAQ: HBCP) with a Neutral rating. The price target for Home Bancorp is set at $41.50. In the third quarter, Home Bancorp showed an EPS of $0.75, compared to $0.89 from the year-ago quarter. The current market cap for Home Bancorp is at $356.0 million. The stock has a 52-week-high of $40.80 and a 52-week-low of $32.59. Home Bancorp's stock last closed at $39.50 per share.
  • With a rating of Neutral, UBS initiated coverage on Honeywell International Inc (NYSE: HON). The price target is set at $192.00 for Honeywell International. Honeywell International earned $2.08 in the third quarter, compared to $2.03 in the year-ago quarter. Honeywell International's market cap stands at $127.5 billion. The stock has a 52-week-high of $183.12 and a 52-week-low of $123.48. Honeywell International's stock last closed at $177.45 per share.
  • Deutsche Bank initiated coverage on Hewlett Packard Enterprise Co (NYSE: HPE) with a Buy rating. The price target for Hewlett Packard is set at $19.00. For the fourth quarter, Hewlett Packard had an EPS of $0.49, compared to year-ago quarter EPS of $0.45. The total market value of Hewlett Packard's outstanding shares is at $21.4 billion. The stock has a 52-week-high of $17.59 and a 52-week-low of $12.09. Hewlett Packard's stock last closed at $16.39 per share.
  • Needham initiated coverage on HUYA Inc (NYSE: HUYA) with a Buy rating. The price target for HUYA is set at $24.00. HUYA earned $0.12 in the third quarter, compared to $0.08 in the year-ago quarter. The total market value of HUYA's outstanding shares is at $4.8 billion. The stock has a 52-week-high of $30.00 and a 52-week-low of $14.93. HUYA's stock last closed at $18.00 per share.
  • Susquehanna initiated coverage on II-VI Inc (NASDAQ: IIVI) with a Neutral rating. The price target for II-VI is set at $30.00. In the first quarter, II-VI showed an EPS of $0.57, compared to $0.56 from the year-ago quarter. The total market value of II-VI's outstanding shares is at $3.0 billion. The stock has a 52-week-high of $43.49 and a 52-week-low of $26.93. II-VI's stock last closed at $31.91 per share.
  • UBS initiated coverage on Ingersoll-Rand PLC (NYSE: IR) with a Buy rating. The price target for Ingersoll-Rand is set at $150.00. Ingersoll-Rand earned $1.99 in the third quarter, compared to $1.75 in the year-ago quarter. The total market value of Ingersoll-Rand's outstanding shares is at $30.4 billion. The stock has a 52-week-high of $134.71 and a 52-week-low of $85.15. Ingersoll-Rand's stock last closed at $134.40 per share.
  • UBS initiated coverage on Johnson Controls International PLC (NYSE: JCI) with a Sell rating. The price target for Johnson Controls Intl is set at $40.00. In the fourth quarter, Johnson Controls Intl showed an EPS of $0.78, compared to $0.93 from the year-ago quarter. Johnson Controls Intl's market cap stands at $33.4 billion. The stock has a 52-week-high of $44.82 and a 52-week-low of $28.30. Johnson Controls Intl's stock last closed at $42.02 per share.
  • William Blair initiated coverage on Karuna Therapeutics Inc (NASDAQ: KRTX) with an Outperform rating. The price target for Karuna Therapeutics is set at $105.00. Karuna Therapeutics earned ($0.39) in the third quarter. The total market value of Karuna Therapeutics's outstanding shares is at $325.9 million. The stock has a 52-week-high of $152.00 and a 52-week-low of $11.24. Karuna Therapeutics's stock last closed at $73.51 per share.
  • With a rating of Positive, Susquehanna initiated coverage on Lumentum Holdings Inc (NASDAQ: LITE). The price target is set at $90.00 for Lumentum Holdings. Lumentum Holdings earned $1.44 in the first quarter, compared to $1.31 in the year-ago quarter. The current market cap for Lumentum Holdings is at $5.6 billion. The stock has a 52-week-high of $75.33 and a 52-week-low of $37.31. Lumentum Holdings's stock last closed at $75.03 per share.
  • Rosenblatt initiated coverage on Monolithic Power Systems Inc (NASDAQ: MPWR) with a Buy rating. The price target for Monolithic Power Systems is set at $185.00. In the third quarter, Monolithic Power Systems showed an EPS of $1.08, compared to $1.06 from the year-ago quarter. Monolithic Power Systems's market cap stands at $6.5 billion. The stock has a 52-week-high of $174.02 and a 52-week-low of $106.50. Monolithic Power Systems's stock last closed at $173.75 per share.
  • For Origin Bancorp Inc (NASDAQ: OBNK), DA Davidson initiated coverage, by setting the current rating at Buy. Origin Bancorp earned $0.62 in the third quarter, compared to $0.52 in the year-ago quarter. The total market value of Origin Bancorp's outstanding shares is at $826.3 million. The stock has a 52-week-high of $37.60 and a 52-week-low of $30.43. Origin Bancorp's stock last closed at $36.95 per share.
  • Stephens & Co. initiated coverage on Opus Bank (NASDAQ: OPB) with an Overweight rating. The price target for Opus Bank is set at $30.00. For the third quarter, Opus Bank had an EPS of $0.58, compared to year-ago quarter EPS of $0.20. The current market cap for Opus Bank is at $898.6 million. The stock has a 52-week-high of $26.44 and a 52-week-low of $17.79. Opus Bank's stock last closed at $26.35 per share.
 

Related Articles (ADSK + ADC)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
UBERRBC CapitalMaintains50.0
UBERMizuhoMaintains42.0
WIXJMP SecuritiesMaintains363.0
UBERBarclaysMaintains43.0
CVIJP MorganInitiates Coverage On22.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
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