Benzinga's Top Ratings Upgrades, Downgrades For March 8, 2021

Upgrades

• According to BMO Capital, the prior rating for Wheaton Precious Metals Corp WPM was changed from Market Perform to Outperform. In the third quarter, Wheaton Precious Metals showed an EPS of $0.34, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $57.89 and a 52-week-low of $18.66. At the end of the last trading period, Wheaton Precious Metals closed at $36.21.
• According to Stephens & Co., the prior rating for Bio-Techne Corp TECH was changed from Equal-Weight to Overweight. For the second quarter, Bio-Techne had an EPS of $1.62, compared to year-ago quarter EPS of $1.08. The stock has a 52-week-high of $414.99 and a 52-week-low of $155.17. At the end of the last trading period, Bio-Techne closed at $356.21.
• For Sea Ltd SE, Macquarie upgraded the previous rating of Neutral to Outperform. In the fourth quarter, Sea showed an EPS of $0.87, compared to $0.53 from the year-ago quarter. The current stock performance of Sea shows a 52-week-high of $285.00 and a 52-week-low of $35.61. Moreover, at the end of the last trading period, the closing price was at $229.79.
• According to Deutsche Bank, the prior rating for Verisk Analytics Inc VRSK was changed from Hold to Buy. Verisk Analytics earned $1.27 in the fourth quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $210.66 and a 52-week-low of $116.61. At the end of the last trading period, Verisk Analytics closed at $168.12.
• Oppenheimer upgraded the previous rating for Lemonade Inc LMND from Perform to Outperform. Lemonade earned $0.60 in the fourth quarter, compared to $2.90 in the year-ago quarter. The stock has a 52-week-high of $188.30 and a 52-week-low of $44.11. At the end of the last trading period, Lemonade closed at $92.97.
• For Zoetis Inc ZTS, Raymond James upgraded the previous rating of Market Perform to Outperform. For the fourth quarter, Zoetis had an EPS of $0.91, compared to year-ago quarter EPS of $0.92. The stock has a 52-week-high of $176.64 and a 52-week-low of $90.14. At the end of the last trading period, Zoetis closed at $145.68.
• Truist Securities upgraded the previous rating for Cable One Inc CABO from Hold to Buy. Cable One earned $7.73 in the fourth quarter, compared to $9.32 in the year-ago quarter. The stock has a 52-week-high of $2326.80 and a 52-week-low of $1031.39. At the end of the last trading period, Cable One closed at $1804.96.
• For Anglogold Ashanti Ltd AU, HSBC upgraded the previous rating of Reduce to Hold. Interestingly, in the fourth quarter, Anglogold Ashanti's EPS was $0.10. At the moment, the stock has a 52-week-high of $38.50 and a 52-week-low of $12.66. Anglogold Ashanti closed at $21.61 at the end of the last trading period.
• According to BMO Capital, the prior rating for Marvell Technology Group Ltd MRVL was changed from Market Perform to Outperform. For the fourth quarter, Marvell Technology Group had an EPS of $0.29, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $55.70 and a 52-week-low of $16.45. At the end of the last trading period, Marvell Technology Group closed at $41.51.
• According to Goldman Sachs, the prior rating for Amneal Pharmaceuticals Inc AMRX was changed from Sell to Buy. For the fourth quarter, Amneal Pharmaceuticals had an EPS of $0.14, compared to year-ago quarter EPS of $0.08. The current stock performance of Amneal Pharmaceuticals shows a 52-week-high of $6.18 and a 52-week-low of $2.40. Moreover, at the end of the last trading period, the closing price was at $4.95.
• Raymond James upgraded the previous rating for Enphase Energy Inc ENPH from Underperform to Market Perform. For the fourth quarter, Enphase Energy had an EPS of $0.51, compared to year-ago quarter EPS of $0.39. At the moment, the stock has a 52-week-high of $229.04 and a 52-week-low of $21.49. Enphase Energy closed at $143.55 at the end of the last trading period.
• According to Raymond James, the prior rating for Cable One Inc CABO was changed from Market Perform to Outperform. In the fourth quarter, Cable One showed an EPS of $7.73, compared to $9.32 from the year-ago quarter. The stock has a 52-week-high of $2326.80 and a 52-week-low of $1031.39. At the end of the last trading period, Cable One closed at $1804.96.
• According to B of A Securities, the prior rating for Zoetis Inc ZTS was changed from Neutral to Buy. For the fourth quarter, Zoetis had an EPS of $0.91, compared to year-ago quarter EPS of $0.92. The stock has a 52-week-high of $176.64 and a 52-week-low of $90.14. At the end of the last trading period, Zoetis closed at $145.68.
• For Spirit AeroSystems Holdings Inc SPR, Susquehanna upgraded the previous rating of Neutral to Positive. For the fourth quarter, Spirit AeroSystems Hldgs had an EPS of $1.31, compared to year-ago quarter EPS of $0.79. At the moment, the stock has a 52-week-high of $49.83 and a 52-week-low of $13.69. Spirit AeroSystems Hldgs closed at $47.12 at the end of the last trading period.
• According to Guggenheim, the prior rating for Target Corp TGT was changed from Neutral to Buy. In the fourth quarter, Target showed an EPS of $2.67, compared to $1.69 from the year-ago quarter. The current stock performance of Target shows a 52-week-high of $199.96 and a 52-week-low of $90.17. Moreover, at the end of the last trading period, the closing price was at $172.86.
• According to Pivotal Research, the prior rating for VF Corp VFC was changed from Hold to Buy. For the third quarter, VF had an EPS of $0.93, compared to year-ago quarter EPS of $1.23. The stock has a 52-week-high of $89.68 and a 52-week-low of $45.07. At the end of the last trading period, VF closed at $78.68.
• Susquehanna upgraded the previous rating for Accenture PLC ACN from Neutral to Positive. Accenture earned $2.17 in the first quarter, compared to $2.09 in the year-ago quarter. The stock has a 52-week-high of $271.18 and a 52-week-low of $137.15. At the end of the last trading period, Accenture closed at $249.49.
• For Fastly Inc FSLY, Piper Sandler upgraded the previous rating of Underweight to Neutral. For the fourth quarter, Fastly had an EPS of $0.09, compared to year-ago quarter EPS of $0.10. The current stock performance of Fastly shows a 52-week-high of $136.50 and a 52-week-low of $10.63. Moreover, at the end of the last trading period, the closing price was at $64.84.
• Credit Suisse upgraded the previous rating for NextEra Energy Inc NEE from Neutral to Outperform. For the fourth quarter, NextEra Energy had an EPS of $0.40, compared to year-ago quarter EPS of $1.44. At the moment, the stock has a 52-week-high of $1232.24 and a 52-week-low of $68.33. NextEra Energy closed at $70.73 at the end of the last trading period.
• For First Solar Inc FSLR, Credit Suisse upgraded the previous rating of Underperform to Neutral. For the fourth quarter, First Solar had an EPS of $1.08, compared to year-ago quarter EPS of $2.02. The current stock performance of First Solar shows a 52-week-high of $112.50 and a 52-week-low of $28.47. Moreover, at the end of the last trading period, the closing price was at $73.70.
• For Bloom Energy Corp BE, Credit Suisse upgraded the previous rating of Neutral to Outperform. For the fourth quarter, Bloom Energy had an EPS of $0.08, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $44.95 and a 52-week-low of $3.00. Bloom Energy closed at $25.62 at the end of the last trading period.
• MKM Partners upgraded the previous rating for Peloton Interactive Inc PTON from Neutral to Buy. For the second quarter, Peloton Interactive had an EPS of $0.18, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $171.09 and a 52-week-low of $17.70. Peloton Interactive closed at $105.13 at the end of the last trading period.
• For Eaton Corp PLC ETN, Berenberg upgraded the previous rating of Hold to Buy. For the fourth quarter, Eaton Corp had an EPS of $1.28, compared to year-ago quarter EPS of $1.37. The stock has a 52-week-high of $138.18 and a 52-week-low of $56.41. At the end of the last trading period, Eaton Corp closed at $137.28.
• For Coca-Cola Co KO, RBC Capital upgraded the previous rating of Sector Perform to Outperform. In the fourth quarter, Coca-Cola showed an EPS of $0.47, compared to $0.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $58.17 and a 52-week-low of $36.27. Coca-Cola closed at $50.76 at the end of the last trading period.
• For Icon PLC ICLR, Baird upgraded the previous rating of Neutral to Outperform. For the fourth quarter, Icon had an EPS of $1.90, compared to year-ago quarter EPS of $1.83. At the moment, the stock has a 52-week-high of $223.62 and a 52-week-low of $104.28. Icon closed at $179.83 at the end of the last trading period.
• According to KeyBanc, the prior rating for The Trade Desk Inc TTD was changed from Sector Weight to Overweight. In the fourth quarter, Trade Desk showed an EPS of $3.71, compared to $1.49 from the year-ago quarter. The stock has a 52-week-high of $972.80 and a 52-week-low of $136.00. At the end of the last trading period, Trade Desk closed at $654.17.
• According to KeyBanc, the prior rating for IQVIA Holdings Inc IQV was changed from Sector Weight to Overweight. IQVIA Holdings earned $2.11 in the fourth quarter, compared to $1.74 in the year-ago quarter. The current stock performance of IQVIA Holdings shows a 52-week-high of $199.99 and a 52-week-low of $81.79. Moreover, at the end of the last trading period, the closing price was at $188.57.

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Downgrades

• CLSA downgraded the previous rating for GSX Techedu Inc GSX from Outperform to Sell. GSX Techedu earned $0.39 in the fourth quarter, compared to $0.70 in the year-ago quarter. The stock has a 52-week-high of $149.05 and a 52-week-low of $27.06. At the end of the last trading period, GSX Techedu closed at $92.24.
• For DTE Energy Co DTE, B of A Securities downgraded the previous rating of Buy to Neutral. DTE Energy earned $1.39 in the fourth quarter, compared to $1.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $135.60 and a 52-week-low of $71.21. DTE Energy closed at $123.25 at the end of the last trading period.
• DA Davidson downgraded the previous rating for HomeStreet Inc HMST from Buy to Neutral. In the fourth quarter, HomeStreet showed an EPS of $1.25, compared to $0.61 from the year-ago quarter. The current stock performance of HomeStreet shows a 52-week-high of $46.38 and a 52-week-low of $18.44. Moreover, at the end of the last trading period, the closing price was at $46.24.
• B of A Securities downgraded the previous rating for Albany International Corp AIN from Buy to Neutral. For the fourth quarter, Albany Intl had an EPS of $0.89, compared to year-ago quarter EPS of $0.97. At the moment, the stock has a 52-week-high of $89.69 and a 52-week-low of $30.46. Albany Intl closed at $87.94 at the end of the last trading period.
• According to Goldman Sachs, the prior rating for Viatris Inc VTRS was changed from Buy to Neutral. Interestingly, in the fourth quarter, Viatris's EPS was $1.07. The stock has a 52-week-high of $18.86 and a 52-week-low of $13.31. At the end of the last trading period, Viatris closed at $13.91.
• According to KeyBanc, the prior rating for PRA Health Sciences Inc PRAH was changed from Overweight to Sector Weight. In the fourth quarter, PRA Health Sciences showed an EPS of $1.55, compared to $1.54 from the year-ago quarter. The current stock performance of PRA Health Sciences shows a 52-week-high of $155.00 and a 52-week-low of $58.67. Moreover, at the end of the last trading period, the closing price was at $146.44.
• According to KeyBanc, the prior rating for Entergy Corp ETR was changed from Overweight to Sector Weight. For the fourth quarter, Entergy had an EPS of $0.71, compared to year-ago quarter EPS of $0.68. The stock has a 52-week-high of $128.16 and a 52-week-low of $75.19. At the end of the last trading period, Entergy closed at $89.06.

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Initiations

• William Blair initiated coverage on Signify Health Inc SGFY with an Outperform rating. At the moment, the stock has a 52-week-high of $40.79 and a 52-week-low of $25.00. Signify Health closed at $28.27 at the end of the last trading period.
• Cowen & Co. initiated coverage on Bumble Inc BMBL with an Outperform rating. The price target for Bumble is set to $70.00. At the moment, the stock has a 52-week-high of $84.80 and a 52-week-low of $57.53. Bumble closed at $61.65 at the end of the last trading period.
• Cowen & Co. initiated coverage on Nuvation Bio Inc NUVB with an Outperform rating. The current stock performance of Nuvation Bio shows a 52-week-high of $11.38 and a 52-week-low of $8.56. Moreover, at the end of the last trading period, the closing price was at $10.86.
• With a Neutral rating, UBS initiated coverage on Signify Health Inc SGFY. The price target seems to have been set at $34.00 for Signify Health. At the moment, the stock has a 52-week-high of $40.79 and a 52-week-low of $25.00. Signify Health closed at $28.27 at the end of the last trading period.
• With an Overweight rating, Cantor Fitzgerald initiated coverage on Akebia Therapeutics Inc AKBA. The price target seems to have been set at $8.00 for Akebia Therapeutics. Akebia Therapeutics earned $0.60 in the fourth quarter, compared to $0.79 in the year-ago quarter. The current stock performance of Akebia Therapeutics shows a 52-week-high of $13.71 and a 52-week-low of $2.09. Moreover, at the end of the last trading period, the closing price was at $3.40.
• Jefferies initiated coverage on Bumble Inc BMBL with a Buy rating. The price target for Bumble is set to $80.00. The stock has a 52-week-high of $84.80 and a 52-week-low of $57.53. At the end of the last trading period, Bumble closed at $61.65.
• With a Buy rating, Jefferies initiated coverage on Adagene Inc ADAG. The price target seems to have been set at $33.00 for Adagene. At the moment, the stock has a 52-week-high of $31.83 and a 52-week-low of $20.21. Adagene closed at $23.11 at the end of the last trading period.
• With a Buy rating, Jefferies initiated coverage on Nuvation Bio Inc NUVB. The price target seems to have been set at $20.00 for Nuvation Bio. At the moment, the stock has a 52-week-high of $11.38 and a 52-week-low of $8.56. Nuvation Bio closed at $10.86 at the end of the last trading period.
• With a Buy rating, Jefferies initiated coverage on Chindata Group Holdings Ltd CD. The price target seems to have been set at $26.04 for Chindata Group Holdings. Chindata Group Holdings earned $0.08 in the third quarter. The current stock performance of Chindata Group Holdings shows a 52-week-high of $27.47 and a 52-week-low of $13.12. Moreover, at the end of the last trading period, the closing price was at $18.64.
• With a Equal-Weight rating, Barclays initiated coverage on Atotech Ltd ATC. The price target seems to have been set at $23.00 for Atotech. In the fourth quarter, Atotech showed an EPS of $0.12, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $22.75 and a 52-week-low of $17.00. At the end of the last trading period, Atotech closed at $21.23.
• BTIG initiated coverage on Aravive Inc ARAV with a Buy rating. The price target for Aravive is set to $26.00. For the third quarter, Aravive had an EPS of $0.66, compared to year-ago quarter EPS of $0.54. At the moment, the stock has a 52-week-high of $14.94 and a 52-week-low of $3.34. Aravive closed at $6.46 at the end of the last trading period.
• With a Equal-Weight rating, Barclays initiated coverage on Signify Health Inc SGFY. The price target seems to have been set at $30.00 for Signify Health. The current stock performance of Signify Health shows a 52-week-high of $40.79 and a 52-week-low of $25.00. Moreover, at the end of the last trading period, the closing price was at $28.27.
• With an Outperform rating, BMO Capital initiated coverage on Nuvation Bio Inc NUVB. The price target seems to have been set at $16.00 for Nuvation Bio. The stock has a 52-week-high of $11.38 and a 52-week-low of $8.56. At the end of the last trading period, Nuvation Bio closed at $10.86.
• With a Neutral rating, B of A Securities initiated coverage on Viant Technology Inc DSP. The price target seems to have been set at $45.00 for Viant Technology. The current stock performance of Viant Technology shows a 52-week-high of $69.16 and a 52-week-low of $37.00. Moreover, at the end of the last trading period, the closing price was at $41.32.
• Guggenheim initiated coverage on BTRS Holdings Inc BTRS with a Buy rating. The price target for BTRS Holdings is set to $23.00. The stock has a 52-week-high of $19.76 and a 52-week-low of $13.52. At the end of the last trading period, BTRS Holdings closed at $15.05.
• For Viant Technology Inc DSP, JMP Securities initiated coverage, by setting the current rating at Market Perform. At the moment, the stock has a 52-week-high of $69.16 and a 52-week-low of $37.00. Viant Technology closed at $41.32 at the end of the last trading period.
• Wedbush initiated coverage on Nuvation Bio Inc NUVB with an Outperform rating. The price target for Nuvation Bio is set to $20.00. The stock has a 52-week-high of $11.38 and a 52-week-low of $8.56. At the end of the last trading period, Nuvation Bio closed at $10.86.
• Macquarie initiated coverage on Accel Entertainment Inc ACEL with a Neutral rating. The price target for Accel Entertainment is set to $13.00. Interestingly, in the third quarter, Accel Entertainment's EPS was $0.16. The stock has a 52-week-high of $15.11 and a 52-week-low of $5.22. At the end of the last trading period, Accel Entertainment closed at $11.10.
• With an Overweight rating, Morgan Stanley initiated coverage on Bioventus Inc BVS. The price target seems to have been set at $18.00 for Bioventus. The current stock performance of Bioventus shows a 52-week-high of $19.51 and a 52-week-low of $10.74. Moreover, at the end of the last trading period, the closing price was at $11.49.
• With a Equal-Weight rating, Morgan Stanley initiated coverage on Bumble Inc BMBL. The price target seems to have been set at $56.00 for Bumble. The stock has a 52-week-high of $84.80 and a 52-week-low of $57.53. At the end of the last trading period, Bumble closed at $61.65.
• For VSE Corp VSEC, William Blair initiated coverage, by setting the current rating at Outperform. In the fourth quarter, VSE showed an EPS of $0.52, compared to $0.90 from the year-ago quarter. The current stock performance of VSE shows a 52-week-high of $42.43 and a 52-week-low of $13.83. Moreover, at the end of the last trading period, the closing price was at $39.34.
• Alliance Global Partners initiated coverage on Chicken Soup for the Soul Entertainment Inc CSSE with a Buy rating. The price target for Chicken Soup for the Soul is set to $35.00. In the third quarter, Chicken Soup for the Soul showed an EPS of $1.03, compared to $1.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.95 and a 52-week-low of $4.66. Chicken Soup for the Soul closed at $23.57 at the end of the last trading period.
• With an Overweight rating, Morgan Stanley initiated coverage on Adagene Inc ADAG. The price target seems to have been set at $34.00 for Adagene. At the moment, the stock has a 52-week-high of $31.83 and a 52-week-low of $20.21. Adagene closed at $23.11 at the end of the last trading period.
• With an Overweight rating, JP Morgan initiated coverage on Bioventus Inc BVS. The price target seems to have been set at $17.00 for Bioventus. The current stock performance of Bioventus shows a 52-week-high of $19.51 and a 52-week-low of $10.74. Moreover, at the end of the last trading period, the closing price was at $11.49.
• JP Morgan initiated coverage on Bumble Inc BMBL with a Neutral rating. The price target for Bumble is set to $60.00. At the moment, the stock has a 52-week-high of $84.80 and a 52-week-low of $57.53. Bumble closed at $61.65 at the end of the last trading period.
• For Viant Technology Inc DSP, Raymond James initiated coverage, by setting the current rating at Market Perform. The current stock performance of Viant Technology shows a 52-week-high of $69.16 and a 52-week-low of $37.00. Moreover, at the end of the last trading period, the closing price was at $41.32.
• With an Outperform rating, Raymond James initiated coverage on loanDepot Inc LDI. The price target seems to have been set at $23.00 for loanDepot. The stock has a 52-week-high of $39.85 and a 52-week-low of $14.00. At the end of the last trading period, loanDepot closed at $18.50.
• Raymond James initiated coverage on Bumble Inc BMBL with a Market Perform rating. At the moment, the stock has a 52-week-high of $84.80 and a 52-week-low of $57.53. Bumble closed at $61.65 at the end of the last trading period.
• BTIG initiated coverage on Nuvation Bio Inc NUVB with a Buy rating. The price target for Nuvation Bio is set to $16.00. The stock has a 52-week-high of $11.38 and a 52-week-low of $8.56. At the end of the last trading period, Nuvation Bio closed at $10.86.
• Needham initiated coverage on Viant Technology Inc DSP with a Buy rating. The price target for Viant Technology is set to $50.00. At the moment, the stock has a 52-week-high of $69.16 and a 52-week-low of $37.00. Viant Technology closed at $41.32 at the end of the last trading period.
• Goldman Sachs initiated coverage on Apria Inc APR with a Buy rating. The price target for Apria is set to $30.00. The current stock performance of Apria shows a 52-week-high of $28.01 and a 52-week-low of $20.07. Moreover, at the end of the last trading period, the closing price was at $21.59.
• With a Neutral rating, Goldman Sachs initiated coverage on loanDepot Inc LDI. The price target seems to have been set at $22.00 for loanDepot. At the moment, the stock has a 52-week-high of $39.85 and a 52-week-low of $14.00. loanDepot closed at $18.50 at the end of the last trading period.
• Goldman Sachs initiated coverage on Bioventus Inc BVS with a Buy rating. The price target for Bioventus is set to $19.00. At the moment, the stock has a 52-week-high of $19.51 and a 52-week-low of $10.74. Bioventus closed at $11.49 at the end of the last trading period.

See all analyst ratings initiations.