Benzinga's Top Upgrades, Downgrades For September 23, 2020

Upgrades

For Winnebago Industries Inc WGO, Wolfe Research upgraded the previous rating of Peer Perform to the current rating Outperform. In the third quarter, Winnebago Industries showed an EPS of $0.26, compared to $1.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $72.65 and a 52-week-low of $16.94. Winnebago Industries closed at $51.52 at the end of the last trading period.
For Tesla Inc TSLA, Deutsche Bank upgraded the previous rating of Hold to the current rating Buy. For the second quarter, Tesla had an EPS of $2.18, compared to year-ago quarter EPS of $1.12. The current stock performance of Tesla shows a 52-week-high of $502.49 and a 52-week-low of $43.67. Moreover, at the end of the last trading period, the closing price was at $424.23.
According to Jefferies, the prior rating for NiSource Inc NI was changed from Hold to Buy. NiSource earned $0.13 in the second quarter, compared to $0.05 in the year-ago quarter. The current stock performance of NiSource shows a 52-week-high of $30.67 and a 52-week-low of $19.56. Moreover, at the end of the last trading period, the closing price was at $22.08.
Barclays upgraded the previous rating for Leidos Holdings Inc LDOS from Equal-Weight to Overweight. In the second quarter, Leidos Holdings showed an EPS of $1.55, compared to $1.16 from the year-ago quarter. The current stock performance of Leidos Holdings shows a 52-week-high of $125.84 and a 52-week-low of $68.00. Moreover, at the end of the last trading period, the closing price was at $91.66.
According to BMO Capital, the prior rating for Hasbro Inc HAS was changed from Market Perform to Outperform. Hasbro earned $0.02 in the second quarter, compared to $0.78 in the year-ago quarter. The current stock performance of Hasbro shows a 52-week-high of $123.05 and a 52-week-low of $41.33. Moreover, at the end of the last trading period, the closing price was at $75.45.
For Greif Inc GEF, BMO Capital upgraded the previous rating of Underperform to the current rating Market Perform. Greif earned $0.85 in the third quarter, compared to $1.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.37 and a 52-week-low of $23.65. Greif closed at $35.15 at the end of the last trading period.
Deutsche Bank upgraded the previous rating for Nike Inc NKE from Hold to Buy. For the first quarter, Nike had an EPS of $0.95, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $120.48 and a 52-week-low of $60.00. Nike closed at $116.98 at the end of the last trading period.
For CME Group Inc CME, Atlantic Equities upgraded the previous rating of Neutral to the current rating Overweight. In the second quarter, CME Group showed an EPS of $1.63, compared to $1.76 from the year-ago quarter. At the moment, the stock has a 52-week-high of $225.36 and a 52-week-low of $131.80. CME Group closed at $166.59 at the end of the last trading period.
For CSX Corp CSX, Atlantic Equities upgraded the previous rating of Neutral to the current rating Overweight. For the second quarter, CSX had an EPS of $0.65, compared to year-ago quarter EPS of $1.08. At the moment, the stock has a 52-week-high of $81.40 and a 52-week-low of $46.81. CSX closed at $77.93 at the end of the last trading period.
HC Wainwright & Co. upgraded the previous rating for Cassava Sciences Inc SAVA from Neutral to Buy. For the second quarter, Cassava Sciences had an EPS of $0.05, compared to year-ago quarter EPS of $0.06. The current stock performance of Cassava Sciences shows a 52-week-high of $11.25 and a 52-week-low of $1.05. Moreover, at the end of the last trading period, the closing price was at $10.45.
According to Wells Fargo, the prior rating for ZoomInfo Technologies Inc ZI was changed from Equal-Weight to Overweight. In the second quarter, ZoomInfo Technologies earned $0.07. The current stock performance of ZoomInfo Technologies shows a 52-week-high of $64.40 and a 52-week-low of $30.83. Moreover, at the end of the last trading period, the closing price was at $34.42.
According to Pivotal Research, the prior rating for Twitter Inc TWTR was changed from Hold to Buy. Twitter earned $1.39 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $44.09 and a 52-week-low of $20.00. At the end of the last trading period, Twitter closed at $42.75.

Downgrades

According to JP Morgan, the prior rating for Waste Management Inc WM was changed from Neutral to Underweight. Waste Management earned $0.88 in the second quarter, compared to $1.11 in the year-ago quarter. The stock has a 52-week-high of $126.79 and a 52-week-low of $85.34. At the end of the last trading period, Waste Management closed at $114.95.
For Vaccinex Inc VCNX, BTIG downgraded the previous rating of Buy to the current rating Neutral. Vaccinex earned $0.39 in the second quarter, compared to $0.77 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.23 and a 52-week-low of $2.26. Vaccinex closed at $2.32 at the end of the last trading period.
For Stag Industrial Inc STAG, Baird downgraded the previous rating of Outperform to the current rating Neutral. Stag Industrial earned $0.47 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $34.09 and a 52-week-low of $17.54. At the end of the last trading period, Stag Industrial closed at $31.03.
According to JP Morgan, the prior rating for Republic Services Inc RSG was changed from Overweight to Neutral. In the second quarter, Republic Services showed an EPS of $0.81, compared to $0.79 from the year-ago quarter. The stock has a 52-week-high of $100.91 and a 52-week-low of $65.37. At the end of the last trading period, Republic Services closed at $95.10.
For Discovery Inc DISCA, JP Morgan downgraded the previous rating of Overweight to the current rating Neutral. Discovery earned $0.77 in the second quarter, compared to $1.61 in the year-ago quarter. The current stock performance of Discovery shows a 52-week-high of $33.66 and a 52-week-low of $17.12. Moreover, at the end of the last trading period, the closing price was at $22.33.
For Autoliv Inc ALV, Exane BNP Paribas downgraded the previous rating of Outperform to the current rating Neutral. For the second quarter, Autoliv had an EPS of $1.40, compared to year-ago quarter EPS of $1.38. The stock has a 52-week-high of $87.01 and a 52-week-low of $38.16. At the end of the last trading period, Autoliv closed at $71.64.
According to B of A Securities, the prior rating for American Express Co AXP was changed from Neutral to Underperform. For the second quarter, American Express had an EPS of $0.29, compared to year-ago quarter EPS of $2.07. The stock has a 52-week-high of $138.13 and a 52-week-low of $67.00. At the end of the last trading period, American Express closed at $98.49.
For KB Home KBH, KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. In the third quarter, KB Home showed an EPS of $0.83, compared to $0.73 from the year-ago quarter. The stock has a 52-week-high of $40.86 and a 52-week-low of $9.82. At the end of the last trading period, KB Home closed at $40.49.

Initiations

With a current rating of Buy, UBS initiated coverage on Arista Networks Inc ANET. The price target seems to have been set at $260.00 for Arista Networks. For the second quarter, Arista Networks had an EPS of $2.11, compared to year-ago quarter EPS of $2.44. At the moment, the stock has a 52-week-high of $267.30 and a 52-week-low of $156.63. Arista Networks closed at $199.87 at the end of the last trading period.
With a current rating of Outperform, Wolfe Research initiated coverage on US Foods Holding Corp USFD. The price target seems to have been set at $28.00 for US Foods Hldg. For the second quarter, US Foods Hldg had an EPS of $0.25, compared to year-ago quarter EPS of $0.64. At the moment, the stock has a 52-week-high of $43.03 and a 52-week-low of $8.32. US Foods Hldg closed at $23.76 at the end of the last trading period.
For Sysco Corp SYY, Wolfe Research initiated coverage, by setting the current rating at Peer Perform. Sysco earned $0.29 in the fourth quarter, compared to $1.10 in the year-ago quarter. The current stock performance of Sysco shows a 52-week-high of $85.98 and a 52-week-low of $26.00. Moreover, at the end of the last trading period, the closing price was at $64.02.
With a current rating of Buy, B. Riley FBR initiated coverage on Sunnova Energy International Inc NOVA. The price target seems to have been set at $30.00 for Sunnova Energy Intl. For the second quarter, Sunnova Energy Intl had an EPS of $0.67, compared to year-ago quarter EPS of $0.61. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $29.61 and a 52-week-low of $6.12. Moreover, at the end of the last trading period, the closing price was at $26.10.
Wolfe Research initiated coverage on Performance Food Group Co PFGC with an Outperform rating. The price target for Performance Food Group is set to $43.00. In the fourth quarter, Performance Food Group showed an EPS of $0.86, compared to $0.70 from the year-ago quarter. The current stock performance of Performance Food Group shows a 52-week-high of $54.49 and a 52-week-low of $7.41. Moreover, at the end of the last trading period, the closing price was at $35.31.
Wolfe Research initiated coverage on MarineMax Inc HZO with an Outperform rating. The price target for MarineMax is set to $29.00. MarineMax earned $1.58 in the third quarter, compared to $0.84 in the year-ago quarter. The stock has a 52-week-high of $34.05 and a 52-week-low of $7.25. At the end of the last trading period, MarineMax closed at $25.88.
National Securities initiated coverage on Horizon Technology Finance Corp HRZN with a Neutral rating. In the second quarter, Horizon Tech Finance showed an EPS of $0.40, compared to $0.37 from the year-ago quarter. The current stock performance of Horizon Tech Finance shows a 52-week-high of $13.78 and a 52-week-low of $4.51. Moreover, at the end of the last trading period, the closing price was at $12.10.
BMO Capital initiated coverage on Cornerstone OnDemand Inc CSOD with a Market Perform rating. The price target for Cornerstone OnDemand is set to $39.00. For the second quarter, Cornerstone OnDemand had an EPS of $0.40, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $64.45 and a 52-week-low of $22.22. At the end of the last trading period, Cornerstone OnDemand closed at $34.68.
Wolfe Research initiated coverage on Carrols Restaurant Group Inc TAST with an Outperform rating. The price target for Carrols Restaurant Group is set to $8.00. In the second quarter, Carrols Restaurant Group showed an EPS of $0.16, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.74 and a 52-week-low of $0.98. Carrols Restaurant Group closed at $6.52 at the end of the last trading period.
William Blair initiated coverage on 9 Meters Biopharma Inc NMTR with an Outperform rating. The price target for 9 Meters Biopharma is set to $5.00. 9 Meters Biopharma earned $0.57 in the second quarter, compared to $0.13 in the year-ago quarter. The current stock performance of 9 Meters Biopharma shows a 52-week-high of $1.11 and a 52-week-low of $0.44. Moreover, at the end of the last trading period, the closing price was at $0.69.
With a current rating of Buy, BTIG initiated coverage on MediWound Ltd MDWD. The price target seems to have been set at $6.00 for MediWound. MediWound earned $0.11 in the second quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $4.44 and a 52-week-low of $1.44. MediWound closed at $3.58 at the end of the last trading period.
Baird initiated coverage on Neoleukin Therapeutics Inc NLTX with an Outperform rating. The price target for Neoleukin Therapeutics is set to $25.00. Neoleukin Therapeutics earned $0.20 in the second quarter, compared to $0.00 in the year-ago quarter. The current stock performance of Neoleukin Therapeutics shows a 52-week-high of $18.13 and a 52-week-low of $2.53. Moreover, at the end of the last trading period, the closing price was at $11.83.
With a current rating of Outperform, Bernstein initiated coverage on Trimble Inc TRMB. The price target seems to have been set at $61.00 for Trimble. In the second quarter, Trimble showed an EPS of $0.52, compared to $0.53 from the year-ago quarter. At the moment, the stock has a 52-week-high of $54.51 and a 52-week-low of $20.01. Trimble closed at $48.55 at the end of the last trading period.
With a current rating of Outperform, Bernstein initiated coverage on Cummins Inc CMI. The price target seems to have been set at $255.00 for Cummins. Cummins earned $1.95 in the second quarter, compared to $4.27 in the year-ago quarter. The stock has a 52-week-high of $215.43 and a 52-week-low of $101.03. At the end of the last trading period, Cummins closed at $204.30.
Bernstein initiated coverage on AGCO Corp AGCO with an Outperform rating. In the second quarter, AGCO showed an EPS of $1.11, compared to $1.82 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.39 and a 52-week-low of $35.33. AGCO closed at $71.74 at the end of the last trading period.
Bernstein initiated coverage on Jacobs Engineering Group Inc J with an Outperform rating. In the third quarter, Jacobs Engineering Group showed an EPS of $1.26, compared to $1.24 from the year-ago quarter. The current stock performance of Jacobs Engineering Group shows a 52-week-high of $104.00 and a 52-week-low of $59.29. Moreover, at the end of the last trading period, the closing price was at $91.33.
Bernstein initiated coverage on Quanta Services Inc PWR with an Outperform rating. The price target for Quanta Services is set to $62.00. In the second quarter, Quanta Services showed an EPS of $0.74, compared to $0.85 from the year-ago quarter. At the moment, the stock has a 52-week-high of $53.61 and a 52-week-low of $23.77. Quanta Services closed at $50.08 at the end of the last trading period.
Bernstein initiated coverage on Deere & Co DE with a Market Perform rating. The price target for Deere is set to $244.00. Deere earned $2.57 in the third quarter, compared to $2.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $225.38 and a 52-week-low of $106.14. Deere closed at $217.58 at the end of the last trading period.
With a current rating of Market Perform, Bernstein initiated coverage on Oshkosh Corp OSK. The price target seems to have been set at $83.00 for Oshkosh. For the third quarter, Oshkosh had an EPS of $1.29, compared to year-ago quarter EPS of $2.72. The stock has a 52-week-high of $95.62 and a 52-week-low of $46.72. At the end of the last trading period, Oshkosh closed at $72.61.
Bernstein initiated coverage on PACCAR Inc PCAR with a Market Perform rating. The price target for PACCAR is set to $94.00. In the second quarter, PACCAR showed an EPS of $0.43, compared to $1.78 from the year-ago quarter. The stock has a 52-week-high of $91.30 and a 52-week-low of $49.11. At the end of the last trading period, PACCAR closed at $82.34.
Bernstein initiated coverage on United Rentals Inc URI with a Market Perform rating. The price target for United Rentals is set to $188.00. United Rentals earned $3.68 in the second quarter, compared to $4.74 in the year-ago quarter. The stock has a 52-week-high of $186.78 and a 52-week-low of $58.85. At the end of the last trading period, United Rentals closed at $167.90.