Market Overview

Benzinga's Top Upgrades, Downgrades For January 28, 2020

Share:

Upgrades

  • Morgan Stanley changed the rating for Janus Henderson Group PLC (NYSE: JHG) from Equal-Weight to Overweight. For the third quarter, Janus Henderson Gr had an EPS of $0.64, compared to year-ago quarter EPS of $0.69. The stock has a 52-week-high of $25.83 and a 52-week-low of $17.68. Janus Henderson Gr's stock last closed at $24.69 per share.
  • For Canopy Growth Corp (NYSE: CGC), BMO Capital upgraded the stock from Market Perform to Outperform. In the second quarter, Canopy Growth showed an EPS of ($1.08), compared to ($3.70) from the year-ago quarter. The stock has a 52-week-high of $52.74 and a 52-week-low of $13.81. Canopy Growth's stock last closed at $21.54 per share.
  • For iHeartMedia Inc (NASDAQ: IHRT), B. Riley FBR upgraded the stock from Neutral to Buy. iHeartMedia earned $0.08 in the third quarter. The stock has a 52-week-high of $19.00 and a 52-week-low of $12.72. iHeartMedia's stock last closed at $17.84 per share.
  • Northcoast Research changed the rating for Wingstop Inc (NASDAQ: WING) from Neutral to Buy. Wingstop earned $0.20 in the third quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $107.43 and a 52-week-low of $62.15. Wingstop's stock last closed at $91.91 per share.
  • National Bank of Canada upgraded the stock for Osisko Gold Royalties Ltd (NYSE: OR) from Sector Perform to Outperform. Osisko Gold Royalties earned $0.09 in the third quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $13.43 and a 52-week-low of $8.34. Osisko Gold Royalties's stock last closed at $9.63 per share.
  • For Zions Bancorp NA (NASDAQ: ZION), Baird upgraded the stock from Underperform to Neutral. For the fourth quarter, Zions Bancorp had an EPS of $1.13, compared to year-ago quarter EPS of $1.08. The stock has a 52-week-high of $52.48 and a 52-week-low of $39.11. Zions Bancorp's stock last closed at $46.46 per share.
  • Baird upgraded the stock for Wells Fargo & Co (NYSE: WFC) from Underperform to Neutral. For the fourth quarter, Wells Fargo had an EPS of $0.93, compared to year-ago quarter EPS of $1.21. The stock has a 52-week-high of $54.75 and a 52-week-low of $43.34. Wells Fargo's stock last closed at $47.09 per share.
  • Mizuho changed the rating for PG&E Corp (NYSE: PCG) from Neutral to Buy. In the third quarter, PG&E showed an EPS of $1.11, compared to $1.13 from the year-ago quarter. The stock has a 52-week-high of $25.19 and a 52-week-low of $3.55. PG&E's stock last closed at $14.05 per share.
  • For Phibro Animal Health Corp (NASDAQ: PAHC), Barclays upgraded the stock from Underweight to Equal-Weight. In the first quarter, Phibro Animal Health showed an EPS of $0.19, compared to $0.39 from the year-ago quarter. The stock has a 52-week-high of $36.98 and a 52-week-low of $20.00. Phibro Animal Health's stock last closed at $24.84 per share.
  • Credit Suisse changed the rating for Garmin Ltd (NASDAQ: GRMN) from Underperform to Neutral. In the third quarter, Garmin showed an EPS of $1.27, compared to $1.00 from the year-ago quarter. The stock has a 52-week-high of $101.31 and a 52-week-low of $67.05. Garmin's stock last closed at $98.43 per share.
  • Evercore ISI Group changed the rating for PulteGroup Inc (NYSE: PHM) from In-Line to Outperform. For the fourth quarter, PulteGroup had an EPS of $1.14, compared to year-ago quarter EPS of $1.11. The stock has a 52-week-high of $44.45 and a 52-week-low of $25.10. PulteGroup's stock last closed at $44.32 per share.
  • Evercore ISI Group changed the rating for Meritage Homes Corp (NYSE: MTH) from In-Line to Outperform. For the third quarter, Meritage Homes had an EPS of $1.79, compared to year-ago quarter EPS of $1.33. The stock has a 52-week-high of $76.83 and a 52-week-low of $37.83. Meritage Homes's stock last closed at $67.94 per share.
  • Keefe, Bruyette & Woods changed the rating for Opus Bank (NASDAQ: OPB) from Market Perform to Outperform. In the fourth quarter, Opus Bank showed an EPS of $0.51, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $26.70 and a 52-week-low of $17.94. Opus Bank's stock last closed at $25.58 per share.
  • For Heartland Financial USA Inc (NASDAQ: HTLF), Piper Sandler upgraded the stock from Neutral to Overweight. For the fourth quarter, Heartland Financial had an EPS of $1.03, compared to year-ago quarter EPS of $0.93. The stock has a 52-week-high of $50.50 and a 52-week-low of $40.80. Heartland Financial's stock last closed at $47.26 per share.
  • Oppenheimer changed the rating for Williams-Sonoma Inc (NYSE: WSM) from Perform to Outperform. In the third quarter, Williams-Sonoma showed an EPS of $1.02, compared to $0.95 from the year-ago quarter. The stock has a 52-week-high of $77.00 and a 52-week-low of $50.14. Williams-Sonoma's stock last closed at $73.34 per share.

 

Downgrades

  • For Pacific Drilling SA (NYSE: PACD), Fearnleys downgraded the stock from Buy to Hold. In the third quarter, Pacific Drilling showed an EPS of ($1.21), compared to ($6.78) from the year-ago quarter. The stock has a 52-week-high of $15.70 and a 52-week-low of $1.71. Pacific Drilling's stock last closed at $1.72 per share.
  • BMO Capital downgraded the stock for Apartment Investment & Management Co (NYSE: AIV) from Outperform to Market Perform. Apartment Inv & Mgmt earned $0.64 in the third quarter, compared to $0.63 in the year-ago quarter. The stock has a 52-week-high of $55.49 and a 52-week-low of $47.55. Apartment Inv & Mgmt's stock last closed at $53.58 per share.
  • BMO Capital downgraded the stock for Essex Property Trust Inc (NYSE: ESS) from Market Perform to Underperform. For the third quarter, Essex Property Trust had an EPS of $3.35, compared to year-ago quarter EPS of $3.15. The stock has a 52-week-high of $334.17 and a 52-week-low of $261.54. Essex Property Trust's stock last closed at $308.91 per share.
  • Raymond James changed the rating for MetroCity Bankshares Inc (NASDAQ: MCBS) from Outperform to Market Perform. For the fourth quarter, MetroCity Bankshares had an EPS of $0.42, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of $19.07 and a 52-week-low of $12.38. MetroCity Bankshares's stock last closed at $17.92 per share.
  • For Dr Reddy's Laboratories Ltd (NYSE: RDY), CLSA downgraded the stock from Buy to Outperform. In the third quarter, Dr Reddy's Laboratories showed an EPS of $0.63, compared to $0.42 from the year-ago quarter. The stock has a 52-week-high of $44.67 and a 52-week-low of $34.67. Dr Reddy's Laboratories's stock last closed at $44.21 per share.
  • Telsey Advisory Group downgraded the stock for Foot Locker Inc (NYSE: FL) from Outperform to Market Perform. 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 $38.33 per share.
  • For 3D Systems Corp (NYSE: DDD), Piper Sandler downgraded the stock from Overweight to Neutral. For the third quarter, 3D Systems had an EPS of ($0.04), compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $14.50 and a 52-week-low of $6.46. 3D Systems's stock last closed at $11.08 per share.
  • JP Morgan downgraded the stock for Diageo PLC (NYSE: DEO) from Neutral to Underweight. The stock has a 52-week-high of $176.22 and a 52-week-low of $141.81. Diageo's stock last closed at $166.44 per share.
  • DA Davidson changed the rating for First Mid Bancshares Inc (NASDAQ: FMBH) from Buy to Neutral. For the fourth quarter, First Mid Bancshares had an EPS of $0.72, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $36.45 and a 52-week-low of $30.20. First Mid Bancshares's stock last closed at $33.93 per share.
  • JP Morgan downgraded the stock for Beyond Meat Inc (NASDAQ: BYND) from Overweight to Neutral. Beyond Meat earned $0.06 in the third quarter. 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 $124.75 per share.
  • Imperial Capital downgraded the stock for Vivint Smart Home Inc (NYSE: VVNT) from Outperform to In-Line. The stock has a 52-week-high of $12.60 and a 52-week-low of $10.36. Vivint Smart Home's stock last closed at $11.72 per share.

 

Initiations

  • Argus Research initiated coverage on Pioneer Natural Resources Co (NYSE: PXD) with a Buy rating. The price target for Pioneer Natural Resources is set at $165.00. For the third quarter, Pioneer Natural Resources had an EPS of $1.99, compared to year-ago quarter EPS of $2.07. The stock has a 52-week-high of $178.22 and a 52-week-low of $114.79. Pioneer Natural Resources's stock last closed at $135.39 per share.
  • For IMV Inc (NASDAQ: IMV), BTIG initiated coverage, by setting the current rating at Buy. The stock has a 52-week-high of $5.74 and a 52-week-low of $2.11. IMV's stock last closed at $4.09 per share.
  • Northcoast Research initiated coverage on World Wrestling Entertainment Inc (NYSE: WWE) with a Buy rating. The price target for World Wrestling Enter is set at $76.00. World Wrestling Enter earned $0.06 in the third quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $100.45 and a 52-week-low of $52.69. World Wrestling Enter's stock last closed at $59.08 per share.
  • Piper Sandler initiated coverage on PCB Bancorp (NASDAQ: PCB) with an Overweight rating. The price target for PCB Bancorp is set at $18.00. For the fourth quarter, PCB Bancorp had an EPS of $0.26, compared to year-ago quarter EPS of $0.41. The stock has a 52-week-high of $19.18 and a 52-week-low of $13.82. PCB Bancorp's stock last closed at $15.13 per share.
  • With a rating of Buy, BTIG initiated coverage on Cue Biopharma Inc (NASDAQ: CUE). The price target is set at $26.00 for Cue Biopharma. For the third quarter, Cue Biopharma had an EPS of ($0.31), compared to year-ago quarter EPS of ($0.62). The stock has a 52-week-high of $17.99 and a 52-week-low of $4.69. Cue Biopharma's stock last closed at $15.51 per share.
  • With a rating of Buy, UBS initiated coverage on Uber Technologies Inc (NYSE: UBER). The price target is set at $56.00 for Uber Technologies. Uber Technologies earned ($0.66) in the third quarter. 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 $36.30 per share.
  • Wells Fargo initiated coverage on RingCentral Inc (NYSE: RNG) with an Overweight rating. The price target for RingCentral is set at $240.00. In the third quarter, RingCentral showed an EPS of $0.22, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $201.61 and a 52-week-low of $86.46. RingCentral's stock last closed at $195.49 per share.
  • Oppenheimer initiated coverage on Inspire Medical Systems Inc (NYSE: INSP) with an Underperform rating. The price target for Inspire Medical Systems is set at $50.00. In the third quarter, Inspire Medical Systems showed an EPS of ($0.34), compared to ($0.22) from the year-ago quarter. The stock has a 52-week-high of $83.71 and a 52-week-low of $46.00. Inspire Medical Systems's stock last closed at $78.48 per share.
  • Wells Fargo initiated coverage on Anaplan Inc (NYSE: PLAN) with an Overweight rating. The price target for Anaplan is set at $73.00. Anaplan earned ($0.08) in the third quarter, compared to ($0.18) in the year-ago quarter. The stock has a 52-week-high of $60.36 and a 52-week-low of $29.40. Anaplan's stock last closed at $56.76 per share.
  • With a rating of Overweight, Wells Fargo initiated coverage on Ceridian HCM Holding Inc (NYSE: CDAY). The price target is set at $86.00 for Ceridian HCM Holding. Ceridian HCM Holding earned $0.11 in the third quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $74.02 and a 52-week-low of $38.68. Ceridian HCM Holding's stock last closed at $71.45 per share.
  • Wells Fargo initiated coverage on Atlassian Corporation PLC (NASDAQ: TEAM) with an Overweight rating. The price target for Atlassian Corporation is set at $180.00. For the second quarter, Atlassian Corporation had an EPS of $0.37, compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of $150.71 and a 52-week-low of $92.42. Atlassian Corporation's stock last closed at $143.83 per share.
  • Wells Fargo initiated coverage on Coupa Software Inc (NASDAQ: COUP) with a Equal-Weight rating. The price target for Coupa Software is set at $175.00. For the third quarter, Coupa Software had an EPS of $0.20, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $174.27 and a 52-week-low of $77.12. Coupa Software's stock last closed at $161.31 per share.
  • Wells Fargo initiated coverage on HubSpot Inc (NYSE: HUBS) with a Equal-Weight rating. The price target for HubSpot is set at $190.00. 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 $137.30. HubSpot's stock last closed at $182.59 per share.
  • Wells Fargo initiated coverage on 8x8 Inc (NYSE: EGHT) with a Equal-Weight rating. The price target for 8x8 is set at $20.00. For the second quarter, 8x8 had an EPS of ($0.16), compared to year-ago quarter EPS of ($0.04). The stock has a 52-week-high of $26.67 and a 52-week-low of $16.50. 8x8's stock last closed at $19.51 per share.
  • Wells Fargo initiated coverage on Intuit Inc (NASDAQ: INTU) with a Equal-Weight rating. The price target for Intuit is set at $300.00. Intuit earned $0.41 in the first quarter, compared to $0.29 in the year-ago quarter. The stock has a 52-week-high of $295.77 and a 52-week-low of $207.69. Intuit's stock last closed at $283.76 per share.
  • Wells Fargo initiated coverage on Guidewire Software Inc (NYSE: GWRE) with an Underweight rating. The price target for Guidewire Software is set at $100.00. In the first quarter, Guidewire Software showed an EPS of $0.13, compared to $0.36 from the year-ago quarter. The stock has a 52-week-high of $123.59 and a 52-week-low of $83.85. Guidewire Software's stock last closed at $111.52 per share.
  • Wells Fargo initiated coverage on Twilio Inc (NYSE: TWLO) with an Overweight rating. The price target for Twilio is set at $155.00. Twilio earned $0.03 in the third quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $151.00 and a 52-week-low of $89.81. Twilio's stock last closed at $120.61 per share.
  • With a rating of Overweight, Wells Fargo initiated coverage on Slack Technologies Inc (NYSE: WORK). The price target is set at $30.00 for Slack Technologies. Interestingly, in the third quarter, Slack Technologies's EPS was ($0.02). The stock has a 52-week-high of $42.00 and a 52-week-low of $19.53. Slack Technologies's stock last closed at $20.08 per share.
  • ScotiaBank initiated coverage on ONEOK Inc (NYSE: OKE) with a Sector Outperform rating. The price target for ONEOK is set at $84.00. ONEOK earned $0.74 in the third quarter, compared to $0.75 in the year-ago quarter. The stock has a 52-week-high of $77.26 and a 52-week-low of $61.29. ONEOK's stock last closed at $73.99 per share.
  • BMO Capital initiated coverage on Seattle Genetics Inc (NASDAQ: SGEN) with an Outperform rating. The price target for Seattle Genetics is set at $139.00. Seattle Genetics earned ($0.55) in the third quarter, compared to ($0.42) in the year-ago quarter. The stock has a 52-week-high of $122.36 and a 52-week-low of $62.90. Seattle Genetics's stock last closed at $110.43 per share.
  • BMO Capital initiated coverage on Biomarin Pharmaceutical Inc (NASDAQ: BMRN) with a Market Perform rating. The price target for Biomarin Pharmaceutical is set at $94.00. For the third quarter, Biomarin Pharmaceutical had an EPS of $0.30, compared to year-ago quarter EPS of ($0.07). The stock has a 52-week-high of $100.13 and a 52-week-low of $62.88. Biomarin Pharmaceutical's stock last closed at $84.62 per share.
  • With a rating of Market Perform, BMO Capital initiated coverage on Mirati Therapeutics Inc (NASDAQ: MRTX). The price target is set at $101.00 for Mirati Therapeutics. In the third quarter, Mirati Therapeutics showed an EPS of ($1.38), compared to ($0.85) from the year-ago quarter. The stock has a 52-week-high of $132.59 and a 52-week-low of $55.11. Mirati Therapeutics's stock last closed at $89.86 per share.
  • With a rating of Market Perform, BMO Capital initiated coverage on Blueprint Medicines Corp (NASDAQ: BPMC). The price target is set at $74.00 for Blueprint Medicines. For the third quarter, Blueprint Medicines had an EPS of ($1.93), compared to year-ago quarter EPS of ($1.66). The stock has a 52-week-high of $102.98 and a 52-week-low of $63.05. Blueprint Medicines's stock last closed at $65.41 per share.
  • Roth Capital initiated coverage on Applied Genetic Technologies Corp (NASDAQ: AGTC) with a Buy rating. The price target for Applied Genetic Tech is set at $25.00. For the first quarter, Applied Genetic Tech had an EPS of ($0.64), compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $10.42 and a 52-week-low of $2.52. Applied Genetic Tech's stock last closed at $7.86 per share.
  • KeyBanc initiated coverage on Portland General Electric Co (NYSE: POR) with a Sector Weight rating. In the third quarter, Portland General Electric showed an EPS of $0.61, compared to $0.59 from the year-ago quarter. The stock has a 52-week-high of $60.84 and a 52-week-low of $46.41. Portland General Electric's stock last closed at $60.59 per share.
 

Related Articles (AIV + AGTC)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
SBNYWells FargoMaintains95.0
TMOWells FargoMaintains300.0
VFCWells FargoMaintains70.0
WATWells FargoMaintains180.0
DGXWells FargoMaintains80.0
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.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
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