Market Overview

Benzinga's Top Upgrades, Downgrades For January 30, 2020

Share:

Upgrades

  • For Hess Corp (NYSE: HES), ScotiaBank upgraded the stock from Sector Underperform to Sector Outperform. In the fourth quarter, Hess showed an EPS of ($0.60), compared to ($0.31) from the year-ago quarter. The stock has a 52-week-high of $74.11 and a 52-week-low of $51.10. Hess's stock last closed at $57.81 per share.
  • For Ruth's Hospitality Group Inc (NASDAQ: RUTH), Raymond James upgraded the stock from Market Perform to Outperform. Ruth's Hospitality Group earned $0.15 in the third quarter, compared to $0.13 in the year-ago quarter. The stock has a 52-week-high of $27.14 and a 52-week-low of $18.60. Ruth's Hospitality Group's stock last closed at $19.30 per share.

 

Downgrades

  • Jefferies changed the rating for Spring Bank Pharmaceuticals Inc (NASDAQ: SBPH) from Buy to Hold. Spring Bank earned ($0.42) in the third quarter, compared to ($0.59) in the year-ago quarter. The stock has a 52-week-high of $11.21 and a 52-week-low of $1.17. Spring Bank's stock last closed at $1.33 per share.
  • For Fortis Inc (NYSE: FTS), CiBC downgraded the stock from Outperformer to Neutral. Fortis earned $0.50 in the third quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $44.49 and a 52-week-low of $34.70. Fortis's stock last closed at $43.99 per share.
  • UBS downgraded the stock for Sprouts Farmers Market Inc (NASDAQ: SFM) from Buy to Neutral. Sprouts Farmers Market earned $0.22 in the third quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $25.18 and a 52-week-low of $15.59. Sprouts Farmers Market's stock last closed at $15.71 per share.
  • Janney Capital downgraded the stock for IDEX Corp (NYSE: IEX) from Neutral to Sell. For the fourth quarter, IDEX had an EPS of $1.33, compared to year-ago quarter EPS of $1.31. The stock has a 52-week-high of $176.70 and a 52-week-low of $130.00. IDEX's stock last closed at $172.29 per share.
  • Susquehanna downgraded the stock for C.H. Robinson Worldwide Inc (NASDAQ: CHRW) from Positive to Neutral. For the fourth quarter, C.H. Robinson Worldwide had an EPS of $0.73, compared to year-ago quarter EPS of $1.34. The stock has a 52-week-high of $92.72 and a 52-week-low of $71.76. C.H. Robinson Worldwide's stock last closed at $73.41 per share.
  • Jefferies downgraded the stock for Skyline Champion Corp (NYSE: SKY) from Buy to Hold. Skyline Champion earned $0.32 in the third quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $37.03 and a 52-week-low of $15.90. Skyline Champion's stock last closed at $30.84 per share.

 

Initiations

  • RBC Capital initiated coverage on Xencor Inc (NASDAQ: XNCR) with an Outperform rating. The price target for Xencor is set at $44.00. For the third quarter, Xencor had an EPS of ($0.18), compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $46.33 and a 52-week-low of $27.75. Xencor's stock last closed at $33.79 per share.
  • Tudor Pickering initiated coverage on DMC Global Inc (NASDAQ: BOOM) with a Buy rating. In the third quarter, DMC Global showed an EPS of $0.90, compared to $0.68 from the year-ago quarter. The stock has a 52-week-high of $76.68 and a 52-week-low of $33.84. DMC Global's stock last closed at $43.25 per share.
  • Benchmark initiated coverage on Norfolk Southern Corp (NYSE: NSC) with a Hold rating. Norfolk Southern earned $2.55 in the fourth quarter, compared to $2.57 in the year-ago quarter. The stock has a 52-week-high of $219.88 and a 52-week-low of $165.77. Norfolk Southern's stock last closed at $214.90 per share.
  • With a rating of Buy, Benchmark initiated coverage on Canadian Pacific Railway Ltd (NYSE: CP). The price target is set at $295.00 for Canadian Pacific Railway. For the fourth quarter, Canadian Pacific Railway had an EPS of $3.67, compared to year-ago quarter EPS of $3.46. The stock has a 52-week-high of $267.63 and a 52-week-low of $195.34. Canadian Pacific Railway's stock last closed at $263.97 per share.
  • With a rating of Buy, Canaccord Genuity initiated coverage on Madrigal Pharmaceuticals Inc (NASDAQ: MDGL). The price target is set at $198.00 for Madrigal Pharmaceuticals. In the third quarter, Madrigal Pharmaceuticals showed an EPS of ($1.39), compared to ($0.56) from the year-ago quarter. The stock has a 52-week-high of $148.18 and a 52-week-low of $74.05. Madrigal Pharmaceuticals's stock last closed at $81.75 per share.
  • With a rating of Outperform, Cowen & Co. initiated coverage on Ceridian HCM Holding Inc (NYSE: CDAY). The price target is set at $85.00 for Ceridian HCM Holding. For the third quarter, Ceridian HCM Holding had an EPS of $0.11, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $74.56 and a 52-week-low of $39.16. Ceridian HCM Holding's stock last closed at $72.74 per share.
 

Related Articles (BOOM + CDAY)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
PECFRAMaintains8.0
HUNCFRAUpgrades16.0
CCCFRADowngrades11.0
VOYAPiper SandlerMaintains58.0
PRUPiper SandlerMaintains64.0
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