Benzinga's Top Upgrades, Downgrades For January 10, 2020

Upgrades

For Wynn Resorts Ltd WYNN, Wolfe Research upgraded the stock from Peer Perform to Outperform. For the third quarter, Wynn Resorts had an EPS of $0.17, compared to year-ago quarter EPS of $1.68. The stock has a 52-week-high of $151.50 and a 52-week-low of $102.03. Wynn Resorts's stock last closed at $142.15 per share.
For Cornerstone OnDemand Inc CSOD, Barclays upgraded the stock from Underweight to Overweight. Cornerstone OnDemand earned $0.31 in the third quarter, compared to $0.23 in the year-ago quarter. The stock has a 52-week-high of $62.66 and a 52-week-low of $49.80. Cornerstone OnDemand's stock last closed at $59.30 per share.
Deutsche Bank upgraded the stock for L Brands Inc LB from Hold to Buy. L Brands earned $0.02 in the third quarter. The stock has a 52-week-high of $29.24 and a 52-week-low of $15.80. L Brands's stock last closed at $18.97 per share.
Goldman Sachs changed the rating for Charles River Laboratories International Inc CRL from Neutral to Buy. For the third quarter, Charles River had an EPS of $1.69, compared to year-ago quarter EPS of $1.53. The stock has a 52-week-high of $157.69 and a 52-week-low of $115.69. Charles River's stock last closed at $157.00 per share.
Stephens & Co. changed the rating for Square Inc SQ from Equal-Weight to Overweight. Interestingly, in the third quarter, Square's EPS was $0.25. The stock has a 52-week-high of $83.20 and a 52-week-low of $54.41. Square's stock last closed at $67.94 per share.
B of A Securities changed the rating for Microchip Technology Inc MCHP from Neutral to Buy. Microchip Technology earned $1.43 in the second quarter, compared to $1.81 in the year-ago quarter. The stock has a 52-week-high of $110.80 and a 52-week-low of $73.25. Microchip Technology's stock last closed at $110.32 per share.
DA Davidson upgraded the stock for Peoples Bancorp Inc (Marietta OH) PEBO from Neutral to Buy. Peoples Bancorp earned $0.73 in the third quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $34.94 and a 52-week-low of $29.81. Peoples Bancorp's stock last closed at $34.00 per share.
For McKesson Corp MCK, Morgan Stanley upgraded the stock from Equal-Weight to Overweight. In the second quarter, McKesson showed an EPS of $3.60, compared to $3.60 from the year-ago quarter. The stock has a 52-week-high of $154.79 and a 52-week-low of $110.52. McKesson's stock last closed at $141.27 per share.
Morgan Stanley upgraded the stock for Bright Scholar Education Holdings Ltd BEDU from Underweight to Equal-Weight. For the fourth quarter, Bright Scholar Education had an EPS of ($0.04), compared to year-ago quarter EPS of $0.02. 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 $9.12 per share.
Morgan Stanley upgraded the stock for RISE Education Cayman Ltd REDU from Underweight to Equal-Weight. In the third quarter, RISE Education Cayman showed an EPS of $0.12, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $11.00 and a 52-week-low of $6.50. RISE Education Cayman's stock last closed at $7.00 per share.
Mizuho changed the rating for Skyworks Solutions Inc SWKS from Neutral to Buy. In the fourth quarter, Skyworks Solutions showed an EPS of $1.52, compared to $1.94 from the year-ago quarter. The stock has a 52-week-high of $122.89 and a 52-week-low of $65.80. Skyworks Solutions's stock last closed at $119.65 per share.
B of A Securities changed the rating for Applied Materials Inc AMAT from Neutral to Buy. Applied Materials earned $0.80 in the fourth quarter, compared to $0.97 in the year-ago quarter. The stock has a 52-week-high of $63.07 and a 52-week-low of $33.25. Applied Materials's stock last closed at $61.97 per share.
For Lam Research Corp LRCX, B of A Securities upgraded the stock from Neutral to Buy. For the first quarter, Lam Research had an EPS of $3.18, compared to year-ago quarter EPS of $3.36. The stock has a 52-week-high of $303.88 and a 52-week-low of $136.65. Lam Research's stock last closed at $297.93 per share.
Piper Sandler changed the rating for Bank OZK OZK from Neutral to Overweight. Bank OZK earned $0.81 in the third quarter, compared to $0.79 in the year-ago quarter. The stock has a 52-week-high of $34.34 and a 52-week-low of $24.35. Bank OZK's stock last closed at $30.45 per share.

Downgrades

For Cleveland-Cliffs Inc CLF, Citigroup downgraded the stock from Buy to Neutral. For the third quarter, Cleveland-Cliffs had an EPS of $0.33, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $12.26 and a 52-week-low of $6.59. Cleveland-Cliffs's stock last closed at $7.76 per share.
For Choice Hotels International Inc CHH, Wolfe Research downgraded the stock from Peer Perform to Underperform. In the third quarter, Choice Hotels Intl showed an EPS of $1.37, compared to $1.24 from the year-ago quarter. The stock has a 52-week-high of $105.31 and a 52-week-low of $73.18. Choice Hotels Intl's stock last closed at $100.84 per share.
For Boyd Gaming Corp BYD, Wolfe Research downgraded the stock from Outperform to Peer Perform. In the third quarter, Boyd Gaming showed an EPS of $0.39, compared to $0.23 from the year-ago quarter. The stock has a 52-week-high of $31.80 and a 52-week-low of $21.76. Boyd Gaming's stock last closed at $29.60 per share.
Janney Capital downgraded the stock for Six Flags Entertainment Corp SIX from Buy to Neutral. For the third quarter, Six Flags Entertainment had an EPS of $2.11, compared to year-ago quarter EPS of $2.16. The stock has a 52-week-high of $64.28 and a 52-week-low of $40.72. Six Flags Entertainment's stock last closed at $43.77 per share.
B of A Securities changed the rating for Kohl's Corp KSS from Buy to Neutral. For the third quarter, Kohl's had an EPS of $0.74, compared to year-ago quarter EPS of $0.98. The stock has a 52-week-high of $75.91 and a 52-week-low of $43.33. Kohl's's stock last closed at $46.15 per share.
Jefferies changed the rating for OneSpaWorld Holdings Ltd OSW from Buy to Hold. OneSpaWorld Holdings earned $0.11 in the third quarter. The stock has a 52-week-high of $17.25 and a 52-week-low of $11.35. OneSpaWorld Holdings's stock last closed at $16.72 per share.
For National Grid PLC NGG, Exane BNP Paribas downgraded the stock from Outperform to Neutral. The stock has a 52-week-high of $62.98 and a 52-week-low of $48.84. National Grid's stock last closed at $61.22 per share.
Capital One Financial downgraded the stock for Whiting Petroleum Corp WLL from Overweight to Equal-Weight. Whiting Petroleum earned ($0.38) in the third quarter, compared to $0.92 in the year-ago quarter. The stock has a 52-week-high of $30.94 and a 52-week-low of $4.29. Whiting Petroleum's stock last closed at $7.06 per share.
For The Descartes Systems Group Inc DSGX, Barclays downgraded the stock from Overweight to Equal-Weight. For the third quarter, Descartes Systems Gr had an EPS of $0.11, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $46.10 and a 52-week-low of $27.87. Descartes Systems Gr's stock last closed at $45.88 per share.
TD Securities changed the rating for Trilogy Metals Inc TMQ from Speculative Buy to Hold. The stock has a 52-week-high of $3.13 and a 52-week-low of $1.50. Trilogy Metals's stock last closed at $2.33 per share.
Wells Fargo changed the rating for Six Flags Entertainment Corp SIX from Overweight to Equal-Weight. For the third quarter, Six Flags Entertainment had an EPS of $2.11, compared to year-ago quarter EPS of $2.16. The stock has a 52-week-high of $64.28 and a 52-week-low of $40.72. Six Flags Entertainment's stock last closed at $43.77 per share.
Oppenheimer downgraded the stock for Portola Pharmaceuticals Inc PTLA from Outperform to Perform. For the third quarter, Portola Pharmaceuticals had an EPS of ($0.68), compared to year-ago quarter EPS of ($1.08). The stock has a 52-week-high of $37.95 and a 52-week-low of $22.22. Portola Pharmaceuticals's stock last closed at $24.74 per share.
Morgan Stanley changed the rating for Bilibili Inc BILI from Overweight to Equal-Weight. In the third quarter, Bilibili showed an EPS of ($0.15), compared to ($0.10) from the year-ago quarter. The stock has a 52-week-high of $24.47 and a 52-week-low of $13.23. Bilibili's stock last closed at $23.16 per share.
Berenberg downgraded the stock for Allegheny Technologies Inc ATI from Buy to Hold. For the third quarter, Allegheny Technologies had an EPS of $0.33, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $29.50 and a 52-week-low of $17.03. Allegheny Technologies's stock last closed at $19.10 per share.
For Lumentum Holdings Inc LITE, Raymond James downgraded the stock from Strong Buy to Outperform. In the first quarter, Lumentum Holdings showed an EPS of $1.44, compared to $1.31 from the year-ago quarter. The stock has a 52-week-high of $84.49 and a 52-week-low of $40.28. Lumentum Holdings's stock last closed at $81.50 per share.
For II-VI Inc IIVI, Raymond James downgraded the stock from Outperform to Market Perform. In the first quarter, II-VI showed an EPS of $0.57, compared to $0.56 from the year-ago quarter. 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 $37.02 per share.
B. Riley FBR downgraded the stock for Dolby Laboratories Inc DLB from Buy to Neutral. Dolby Laboratories earned $0.66 in the fourth quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $70.17 and a 52-week-low of $56.09. Dolby Laboratories's stock last closed at $69.38 per share.
Barclays downgraded the stock for New Relic Inc NEWR from Equal-Weight to Underweight. In the second quarter, New Relic showed an EPS of $0.24, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $109.00 and a 52-week-low of $50.00. New Relic's stock last closed at $69.44 per share.
Barclays changed the rating for SolarWinds Corp SWI from Equal-Weight to Underweight. SolarWinds earned $0.21 in the third quarter, compared to $0.57 in the year-ago quarter. The stock has a 52-week-high of $21.22 and a 52-week-low of $14.47. SolarWinds's stock last closed at $19.01 per share.
For Aduro Biotech Inc ADRO, Cowen & Co. downgraded the stock from Outperform to Market Perform. Aduro Biotech earned ($0.26) in the third quarter, compared to ($0.29) in the year-ago quarter. The stock has a 52-week-high of $4.59 and a 52-week-low of $0.90. Aduro Biotech's stock last closed at $1.33 per share.
Jefferies downgraded the stock for KAR Auction Services Inc KAR from Buy to Hold. In the third quarter, KAR Auction Services showed an EPS of $0.35, compared to $0.70 from the year-ago quarter. The stock has a 52-week-high of $28.61 and a 52-week-low of $16.39. KAR Auction Services's stock last closed at $21.91 per share.
Keefe, Bruyette & Woods downgraded the stock for The Travelers Companies Inc TRV from Underperform to Market Perform. In the third quarter, Travelers Companies showed an EPS of $1.43, compared to $2.54 from the year-ago quarter. The stock has a 52-week-high of $155.09 and a 52-week-low of $117.98. Travelers Companies's stock last closed at $137.61 per share.
For Aurora Cannabis Inc ACB, Piper Sandler downgraded the stock from Neutral to Underweight. For the first quarter, Aurora Cannabis had an EPS of $0.01, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $10.32 and a 52-week-low of $1.71. Aurora Cannabis's stock last closed at $1.85 per share.
Jefferies downgraded the stock for Dropbox Inc DBX from Buy to Hold. For the third quarter, Dropbox had an EPS of $0.13, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $26.49 and a 52-week-low of $16.08. Dropbox's stock last closed at $18.37 per share.
Susquehanna downgraded the stock for Foot Locker Inc FL from Positive to Neutral. In the third quarter, Foot Locker showed an EPS of $1.13, compared to $0.95 from the year-ago quarter. The stock has a 52-week-high of $68.00 and a 52-week-low of $33.12. Foot Locker's stock last closed at $38.54 per share.
B of A Securities downgraded the stock for Xilinx Inc XLNX from Neutral to Underperform. For the second quarter, Xilinx had an EPS of $0.94, compared to year-ago quarter EPS of $0.87. The stock has a 52-week-high of $141.60 and a 52-week-low of $87.56. Xilinx's stock last closed at $101.51 per share.
B of A Securities downgraded the stock for Republic Services Inc RSG from Buy to Neutral. Republic Services earned $0.91 in the third quarter, compared to $0.82 in the year-ago quarter. The stock has a 52-week-high of $91.41 and a 52-week-low of $72.58. Republic Services's stock last closed at $90.88 per share.
For Aurora Cannabis Inc ACB, B of A Securities downgraded the stock from Buy to Neutral. For the first quarter, Aurora Cannabis had an EPS of $0.01, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $10.32 and a 52-week-low of $1.71. Aurora Cannabis's stock last closed at $1.85 per share.

Initiations

With a rating of Outperform, Wolfe Research initiated coverage on Zymeworks Inc ZYME. The price target is set at $61.00 for Zymeworks. In the third quarter, Zymeworks showed an EPS of ($0.54), compared to ($0.47) from the year-ago quarter. The stock has a 52-week-high of $47.85 and a 52-week-low of $14.05. Zymeworks's stock last closed at $46.17 per share.
Craig-Hallum initiated coverage on Soleno Therapeutics Inc SLNO with a Buy rating. The price target for Soleno Therapeutics is set at $8.00. In the third quarter, Soleno Therapeutics showed an EPS of $0.03, compared to ($0.11) from the year-ago quarter. The stock has a 52-week-high of $5.07 and a 52-week-low of $1.11. Soleno Therapeutics's stock last closed at $2.85 per share.
SunTrust Robinson Humphrey initiated coverage on Health Sciences Acquisitions Corp IMVT with a Buy rating. The price target for Health Sciences is set at $24.00. The stock has a 52-week-high of $17.41 and a 52-week-low of $9.57. Health Sciences's stock last closed at $16.32 per share.
With a rating of Buy, Mizuho initiated coverage on LivePerson Inc LPSN. The price target is set at $45.00 for LivePerson. LivePerson earned ($0.36) in the third quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $42.85 and a 52-week-low of $19.13. LivePerson's stock last closed at $39.52 per share.
Benchmark initiated coverage on China Online Education Group COE with a Buy rating. The price target for China Online Education Gr is set at $14.00. For the third quarter, China Online Education Gr had an EPS of ($0.04), compared to year-ago quarter EPS of ($0.60). The stock has a 52-week-high of $10.94 and a 52-week-low of $3.68. China Online Education Gr's stock last closed at $10.02 per share.
Raymond James initiated coverage on Zoetis Inc ZTS with a Market Perform rating. For the third quarter, Zoetis had an EPS of $0.94, compared to year-ago quarter EPS of $0.83. The stock has a 52-week-high of $136.37 and a 52-week-low of $82.26. Zoetis's stock last closed at $135.09 per share.
With a rating of Buy, Nomura Instinet initiated coverage on BeyondSpring Inc BYSI. The price target is set at $34.00 for BeyondSpring. For the third quarter, BeyondSpring had an EPS of ($0.37), compared to year-ago quarter EPS of ($0.63). The stock has a 52-week-high of $24.80 and a 52-week-low of $11.26. BeyondSpring's stock last closed at $16.10 per share.
Nomura Instinet initiated coverage on Kadmon Holdings Inc KDMN with a Buy rating. The price target for Kadmon Holdings is set at $10.00. In the third quarter, Kadmon Holdings showed an EPS of ($0.49), compared to ($0.13) from the year-ago quarter. The stock has a 52-week-high of $5.38 and a 52-week-low of $1.63. Kadmon Holdings's stock last closed at $4.59 per share.
With a rating of Neutral, UBS initiated coverage on Teladoc Health Inc TDOC. The price target is set at $90.00 for Teladoc Health. For the third quarter, Teladoc Health had an EPS of ($0.28), compared to year-ago quarter EPS of ($0.34). The stock has a 52-week-high of $87.42 and a 52-week-low of $48.57. Teladoc Health's stock last closed at $85.38 per share.
UBS initiated coverage on Papa John's International Inc PZZA with a Neutral rating. The price target for Papa John's International is set at $67.00. For the third quarter, Papa John's International had an EPS of $0.21, compared to year-ago quarter EPS of $0.20. The stock has a 52-week-high of $65.68 and a 52-week-low of $38.29. Papa John's International's stock last closed at $65.28 per share.
For Elanco Animal Health Inc ELAN, Raymond James initiated coverage, by setting the current rating at Market Perform. For the third quarter, Elanco Animal Health had an EPS of $0.30, compared to year-ago quarter EPS of $0.29. The stock has a 52-week-high of $35.46 and a 52-week-low of $25.25. Elanco Animal Health's stock last closed at $28.04 per share.
With a rating of Overweight, Piper Sandler initiated coverage on Neoleukin Therapeutics Inc NLTX. The price target is set at $20.00 for Neoleukin Therapeutics. For the third quarter, Neoleukin Therapeutics had an EPS of ($0.44), compared to year-ago quarter EPS of ($0.64). The stock has a 52-week-high of $13.43 and a 52-week-low of $2.18. Neoleukin Therapeutics's stock last closed at $9.04 per share.
Bernstein initiated coverage on Pinterest Inc PINS with a Market Perform rating. The price target for Pinterest is set at $21.00. Pinterest earned $0.01 in the third quarter. The stock has a 52-week-high of $36.83 and a 52-week-low of $17.39. Pinterest's stock last closed at $19.62 per share.
Bernstein initiated coverage on Uber Technologies Inc UBER with an Outperform rating. The price target for Uber Technologies is set at $40.00. In the third quarter, Uber Technologies earned ($0.66). 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 $33.96 per share.
Bernstein initiated coverage on Snap Inc SNAP with an Outperform rating. The price target for Snap is set at $20.00. In the third quarter, Snap showed an EPS of ($0.04), compared to ($0.12) from the year-ago quarter. The stock has a 52-week-high of $18.36 and a 52-week-low of $5.63. Snap's stock last closed at $17.34 per share.
Wedbush initiated coverage on AGNC Investment Corp AGNC with a Neutral rating. The price target for AGNC Investment is set at $18.25. In the third quarter, AGNC Investment showed an EPS of $0.59, compared to $0.61 from the year-ago quarter. The stock has a 52-week-high of $18.29 and a 52-week-low of $14.51. AGNC Investment's stock last closed at $17.94 per share.
With a rating of Underperform, Bernstein initiated coverage on Twitter Inc TWTR. The price target is set at $27.00 for Twitter. Twitter earned $0.17 in the third quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $45.85 and a 52-week-low of $28.63. Twitter's stock last closed at $33.21 per share.
With a rating of Market Perform, Bernstein initiated coverage on Lyft Inc LYFT. The price target is set at $48.00 for Lyft. Lyft earned ($0.41) in the third quarter. The stock has a 52-week-high of $88.60 and a 52-week-low of $37.07. Lyft's stock last closed at $45.59 per share.
Bernstein initiated coverage on Alphabet Inc GOOGL with an Outperform rating. The price target for Alphabet is set at $1600.00. For the third quarter, Alphabet had an EPS of $10.12, compared to year-ago quarter EPS of $13.06. The stock has a 52-week-high of $1428.68 and a 52-week-low of $1027.03. Alphabet's stock last closed at $1419.79 per share.
Bernstein initiated coverage on Facebook Inc FB with an Outperform rating. The price target for Facebook is set at $250.00. In the third quarter, Facebook showed an EPS of $2.12, compared to $1.76 from the year-ago quarter. The stock has a 52-week-high of $218.38 and a 52-week-low of $140.84. Facebook's stock last closed at $218.30 per share.
Bernstein initiated coverage on Amazon.com Inc AMZN with a Market Perform rating. The price target for Amazon.com is set at $2050.00. Amazon.com earned $4.23 in the third quarter, compared to $5.75 in the year-ago quarter. The stock has a 52-week-high of $2035.80 and a 52-week-low of $1566.76. Amazon.com's stock last closed at $1901.05 per share.
With a rating of Neutral, Mizuho initiated coverage on Shopify Inc SHOP. The price target is set at $410.00 for Shopify. For the third quarter, Shopify had an EPS of $0.13, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $431.71 and a 52-week-low of $144.40. Shopify's stock last closed at $430.25 per share.
Needham initiated coverage on Haemonetics Corp HAE with a Buy rating. The price target for Haemonetics is set at $138.00. Haemonetics earned $0.87 in the second quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $140.36 and a 52-week-low of $80.23. Haemonetics's stock last closed at $115.86 per share.
Mizuho initiated coverage on HubSpot Inc HUBS with a Buy rating. The price target for HubSpot is set at $205.00. For the third quarter, HubSpot had an EPS of $0.32, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $207.98 and a 52-week-low of $136.00. HubSpot's stock last closed at $177.27 per share.
Charter Equity initiated coverage on Cree Inc CREE with a Buy rating. For the first quarter, Cree had an EPS of ($0.03), compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $69.21 and a 52-week-low of $40.46. Cree's stock last closed at $47.92 per share.
With a rating of Buy, Needham initiated coverage on Appian Corp APPN. The price target is set at $49.00 for Appian. Appian earned ($0.14) in the third quarter, compared to ($0.13) in the year-ago quarter. The stock has a 52-week-high of $62.94 and a 52-week-low of $29.00. Appian's stock last closed at $42.89 per share.