Benzinga's Top Ratings Upgrades, Downgrades For January 15, 2021

Upgrades

• For Stifel Financial Corp SF, Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. In the third quarter, Stifel Financial showed an EPS of $1.59, compared to $1.50 from the year-ago quarter. The stock has a 52-week-high of $117.11 and a 52-week-low of $46.70. At the end of the last trading period, Stifel Financial closed at $51.69.
• For Snap Inc SNAP, MoffettNathanson upgraded the previous rating of Neutral to Buy. Snap earned $0.01 in the third quarter, compared to $0.04 in the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $57.39 and a 52-week-low of $7.89. Moreover, at the end of the last trading period, the closing price was at $49.07.
• According to Goldman Sachs, the prior rating for Public Service Enterprise Group Inc PEG was changed from Neutral to Buy. In the third quarter, Public Service Enterprise showed an EPS of $0.96, compared to $0.98 from the year-ago quarter. The current stock performance of Public Service Enterprise shows a 52-week-high of $62.15 and a 52-week-low of $34.75. Moreover, at the end of the last trading period, the closing price was at $57.80.
• According to DZ Bank, the prior rating for Intel Corp INTC was changed from Sell to Hold. Intel earned $1.11 in the third quarter, compared to $1.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.29 and a 52-week-low of $43.61. Intel closed at $59.25 at the end of the last trading period.
• According to MoffettNathanson, the prior rating for Discovery Inc DISCA was changed from Neutral to Buy. Discovery earned $0.81 in the third quarter, compared to $0.87 in the year-ago quarter. At the moment, the stock has a 52-week-high of $38.44 and a 52-week-low of $17.12. Discovery closed at $37.25 at the end of the last trading period.
• B. Riley FBR upgraded the previous rating for Cinemark Holdings Inc CNK from Neutral to Buy. For the third quarter, Cinemark Hldgs had an EPS of $1.25, compared to year-ago quarter EPS of $0.27. At the moment, the stock has a 52-week-high of $32.84 and a 52-week-low of $5.71. Cinemark Hldgs closed at $18.98 at the end of the last trading period.
• For CenterPoint Energy Inc CNP, Goldman Sachs upgraded the previous rating of Neutral to Buy. In the third quarter, CenterPoint Energy showed an EPS of $0.34, compared to $0.53 from the year-ago quarter. At the moment, the stock has a 52-week-high of $27.53 and a 52-week-low of $11.58. CenterPoint Energy closed at $20.86 at the end of the last trading period.
• JP Morgan upgraded the previous rating for Hewlett Packard Enterprise Co HPE from Neutral to Overweight. For the fourth quarter, Hewlett Packard had an EPS of $0.37, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of $15.80 and a 52-week-low of $7.43. Hewlett Packard closed at $12.47 at the end of the last trading period.
• According to RBC Capital, the prior rating for Ralph Lauren Corp RL was changed from Sector Perform to Outperform. In the second quarter, Ralph Lauren showed an EPS of $1.44, compared to $2.26 from the year-ago quarter. The stock has a 52-week-high of $128.29 and a 52-week-low of $59.82. At the end of the last trading period, Ralph Lauren closed at $111.51.
• For Anthem Inc ANTM, Jefferies upgraded the previous rating of Hold to Buy. For the third quarter, Anthem had an EPS of $4.20, compared to year-ago quarter EPS of $4.87. The current stock performance of Anthem shows a 52-week-high of $340.98 and a 52-week-low of $171.03. Moreover, at the end of the last trading period, the closing price was at $322.33.
• According to JP Morgan, the prior rating for Sonic Automotive Inc SAH was changed from Neutral to Overweight. In the third quarter, Sonic Automotive showed an EPS of $1.29, compared to $0.66 from the year-ago quarter. At the moment, the stock has a 52-week-high of $47.09 and a 52-week-low of $9.00. Sonic Automotive closed at $46.45 at the end of the last trading period.
• According to UBS, the prior rating for Ingersoll Rand Inc IR was changed from Neutral to Buy. In the third quarter, Ingersoll Rand showed an EPS of $0.40, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $146.85 and a 52-week-low of $17.01. At the end of the last trading period, Ingersoll Rand closed at $46.34.
• UBS upgraded the previous rating for Emerson Electric Co EMR from Neutral to Buy. In the fourth quarter, Emerson Electric showed an EPS of $1.10, compared to $1.07 from the year-ago quarter. The stock has a 52-week-high of $84.44 and a 52-week-low of $37.75. At the end of the last trading period, Emerson Electric closed at $83.30.
• For Raymond James Financial Inc RJF, Wells Fargo upgraded the previous rating of Underweight to Overweight. In the fourth quarter, Raymond James Financial showed an EPS of $1.78, compared to $2.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $105.18 and a 52-week-low of $54.21. Raymond James Financial closed at $102.70 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

• Citigroup downgraded the previous rating for Spotify Technology SA SPOT from Neutral to Sell. For the third quarter, Spotify Technology had an EPS of $0.68, compared to year-ago quarter EPS of $0.39. At the moment, the stock has a 52-week-high of $370.95 and a 52-week-low of $109.18. Spotify Technology closed at $342.41 at the end of the last trading period.
• For Intercept Pharmaceuticals Inc ICPT, B of A Securities downgraded the previous rating of Neutral to Underperform. For the third quarter, Intercept Pharmaceuticals had an EPS of $1.61, compared to year-ago quarter EPS of $2.59. The current stock performance of Intercept Pharmaceuticals shows a 52-week-high of $114.66 and a 52-week-low of $23.78. Moreover, at the end of the last trading period, the closing price was at $29.24.
• For Esperion Therapeutics Inc ESPR, B of A Securities downgraded the previous rating of Buy to Neutral. For the third quarter, Esperion Therapeutics had an EPS of $3.07, compared to year-ago quarter EPS of $2.52. The current stock performance of Esperion Therapeutics shows a 52-week-high of $76.98 and a 52-week-low of $23.90. Moreover, at the end of the last trading period, the closing price was at $26.75.
• Rosenblatt downgraded the previous rating for Acacia Communications Inc ACIA from Buy to Neutral. In the third quarter, Acacia Communications showed an EPS of $0.78, compared to $0.60 from the year-ago quarter. The current stock performance of Acacia Communications shows a 52-week-high of $114.73 and a 52-week-low of $60.62. Moreover, at the end of the last trading period, the closing price was at $113.64.
• Jefferies downgraded the previous rating for Centene Corp CNC from Buy to Hold. Centene earned $1.26 in the third quarter, compared to $0.96 in the year-ago quarter. The stock has a 52-week-high of $74.70 and a 52-week-low of $43.96. At the end of the last trading period, Centene closed at $65.08.
• For American Electric Power Co Inc AEP, Goldman Sachs downgraded the previous rating of Neutral to Sell. For the third quarter, American Electric Power had an EPS of $1.47, compared to year-ago quarter EPS of $1.46. The current stock performance of American Electric Power shows a 52-week-high of $104.97 and a 52-week-low of $65.14. Moreover, at the end of the last trading period, the closing price was at $78.83.
• According to Stifel, the prior rating for AeroVironment Inc AVAV was changed from Buy to Hold. AeroVironment earned $0.48 in the second quarter, compared to $0.34 in the year-ago quarter. The stock has a 52-week-high of $127.74 and a 52-week-low of $45.00. At the end of the last trading period, AeroVironment closed at $125.29.
• For Tivity Health Inc TVTY, Credit Suisse downgraded the previous rating of Neutral to Underperform. Tivity Health earned $0.72 in the third quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $26.07 and a 52-week-low of $1.92. At the end of the last trading period, Tivity Health closed at $21.16.
• For Stratasys Ltd SSYS, JP Morgan downgraded the previous rating of Neutral to Underweight. For the third quarter, Stratasys had an EPS of $0.05, compared to year-ago quarter EPS of $0.12. The current stock performance of Stratasys shows a 52-week-high of $32.81 and a 52-week-low of $11.89. Moreover, at the end of the last trading period, the closing price was at $32.77.
• Citigroup downgraded the previous rating for YETI Holdings Inc YETI from Buy to Neutral. For the third quarter, YETI Holdings had an EPS of $0.61, compared to year-ago quarter EPS of $0.30. The current stock performance of YETI Holdings shows a 52-week-high of $80.89 and a 52-week-low of $15.28. Moreover, at the end of the last trading period, the closing price was at $77.52.
• JP Morgan downgraded the previous rating for AutoNation Inc AN from Overweight to Neutral. For the third quarter, AutoNation had an EPS of $2.38, compared to year-ago quarter EPS of $1.18. The stock has a 52-week-high of $78.21 and a 52-week-low of $20.59. At the end of the last trading period, AutoNation closed at $75.79.
• Morgan Stanley downgraded the previous rating for Autoliv Inc ALV from Equal-Weight to Underweight. In the third quarter, Autoliv showed an EPS of $1.48, compared to $1.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $95.93 and a 52-week-low of $38.16. Autoliv closed at $90.78 at the end of the last trading period.
• According to Oppenheimer, the prior rating for CME Group Inc CME was changed from Outperform to Perform. In the third quarter, CME Group showed an EPS of $1.38, compared to $1.90 from the year-ago quarter. The current stock performance of CME Group shows a 52-week-high of $225.36 and a 52-week-low of $131.80. Moreover, at the end of the last trading period, the closing price was at $194.14.
• JP Morgan downgraded the previous rating for 3D Systems Corp DDD from Neutral to Underweight. For the third quarter, 3D Sys had an EPS of $0.03, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $32.13 and a 52-week-low of $4.60. At the end of the last trading period, 3D Sys closed at $32.01.
• For Axalta Coating Systems Ltd AXTA, KeyBanc downgraded the previous rating of Overweight to Sector Weight. Axalta Coating Sys earned $0.59 in the third quarter, compared to $0.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.48 and a 52-week-low of $12.92. Axalta Coating Sys closed at $30.02 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

• With a Buy rating, Benchmark initiated coverage on SOC Telemed Inc TLMD. The price target seems to have been set at $12.00 for SOC Telemed. In the third quarter, SOC Telemed showed an EPS of $0.14, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.00 and a 52-week-low of $6.82. SOC Telemed closed at $7.33 at the end of the last trading period.
• Wells Fargo initiated coverage on Skillz Inc SKLZ with a Equal-Weight rating. The price target for Skillz is set to $28.00. The stock has a 52-week-high of $27.49 and a 52-week-low of $16.50. At the end of the last trading period, Skillz closed at $26.04.
• Truist Securities initiated coverage on DoorDash Inc DASH with a Hold rating. The price target for DoorDash is set to $190.00. The stock has a 52-week-high of $221.40 and a 52-week-low of $135.38. At the end of the last trading period, DoorDash closed at $207.22.
• With a Buy rating, B of A Securities initiated coverage on Allakos Inc ALLK. The price target seems to have been set at $145.00 for Allakos. In the third quarter, Allakos showed an EPS of $0.86, compared to $0.47 from the year-ago quarter. The current stock performance of Allakos shows a 52-week-high of $157.96 and a 52-week-low of $41.60. Moreover, at the end of the last trading period, the closing price was at $128.55.
• For AstraZeneca PLC AZN, Deutsche Bank initiated coverage, by setting the current rating at Buy. AstraZeneca earned $0.47 in the third quarter, compared to $0.99 in the year-ago quarter. The stock has a 52-week-high of $64.94 and a 52-week-low of $36.15. At the end of the last trading period, AstraZeneca closed at $51.29.
• Deutsche Bank initiated coverage on GlaxoSmithKline PLC GSK with a Hold rating. In the third quarter, GlaxoSmithKline showed an EPS of $0.47, compared to $0.47 from the year-ago quarter. At the moment, the stock has a 52-week-high of $48.25 and a 52-week-low of $31.43. GlaxoSmithKline closed at $38.16 at the end of the last trading period.
• For Novartis AG NVS, Deutsche Bank initiated coverage, by setting the current rating at Buy. In the third quarter, Novartis showed an EPS of $1.52, compared to $1.41 from the year-ago quarter. The stock has a 52-week-high of $99.84 and a 52-week-low of $69.18. At the end of the last trading period, Novartis closed at $94.64.
• For Box Inc BOX, KeyBanc initiated coverage, by setting the current rating at Overweight. In the third quarter, Box showed an EPS of $0.20, compared to $0.01 from the year-ago quarter. The current stock performance of Box shows a 52-week-high of $22.09 and a 52-week-low of $8.64. Moreover, at the end of the last trading period, the closing price was at $18.00.
• For Dropbox Inc DBX, KeyBanc initiated coverage, by setting the current rating at Sector Weight. For the third quarter, Dropbox had an EPS of $0.26, compared to year-ago quarter EPS of $0.13. The stock has a 52-week-high of $25.16 and a 52-week-low of $14.55. At the end of the last trading period, Dropbox closed at $22.69.
• With a Hold rating, Truist Securities initiated coverage on Airbnb Inc ABNB. The price target seems to have been set at $154.00 for Airbnb. At the moment, the stock has a 52-week-high of $187.42 and a 52-week-low of $121.50. Airbnb closed at $180.50 at the end of the last trading period.

See all analyst ratings initiations.