Benzinga's Top Upgrades, Downgrades For October 21, 2020

Upgrades

  • Raymond James upgraded the previous rating for Cimarex Energy Co XEC from Market Perform to Outperform. In the second quarter, Cimarex Energy showed an EPS of $0.51, compared to $0.82 from the year-ago quarter. At the moment, the stock has a 52-week-high of 55.29 and a 52-week-low of 12.15. Cimarex Energy closed at $26.81 at the end of the last trading period.
  • According to Raymond James, the prior rating for Antero Resources Corp AR was changed from Underperform to Market Perform. For the second quarter, Antero Resources had an EPS of $0.37, compared to year-ago quarter EPS of $0.21. The stock has a 52-week-high of 4.64 and a 52-week-low of 0.638. At the end of the last trading period, Antero Resources closed at $3.80.
  • For Commerce Bancshares Inc CBSH, Raymond James upgraded the previous rating of Underperform to the current rating Market Perform. Commerce Bancshares earned $1.11 in the third quarter, compared to $0.98 in the year-ago quarter. The stock has a 52-week-high of 71.92 and a 52-week-low of 45.51. At the end of the last trading period, Commerce Bancshares closed at $60.84.
  • For Snap Inc SNAP, Truist Securities upgraded the previous rating of Hold to the current rating Buy. For the third quarter, Snap had an EPS of $0.01, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of 29.08 and a 52-week-low of 7.89. At the end of the last trading period, Snap closed at $28.41.
  • According to RBC Capital, the prior rating for Paycom Software Inc PAYC was changed from Sector Perform to Outperform. In the second quarter, Paycom Software showed an EPS of $0.62, compared to $0.75 from the year-ago quarter. The current stock performance of Paycom Software shows a 52-week-high of 393.02 and a 52-week-low of 163.42. Moreover, at the end of the last trading period, the closing price was at $384.73.
  • Raymond James upgraded the previous rating for Heska Corp HSKA from Market Perform to Outperform. Heska earned $0.00 in the second quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of 110.9 and a 52-week-low of 50.0. Heska closed at $104.42 at the end of the last trading period.
  • For Albemarle Corp ALB, HSBC upgraded the previous rating of Hold to the current rating Buy. In the second quarter, Albemarle showed an EPS of $0.86, compared to $1.55 from the year-ago quarter. The stock has a 52-week-high of 101.0 and a 52-week-low of 48.8901. At the end of the last trading period, Albemarle closed at $93.61.
  • For Advance Auto Parts Inc AAP, Raymond James upgraded the previous rating of Market Perform to the current rating Outperform. In the second quarter, Advance Auto Parts showed an EPS of $2.92, compared to $2.00 from the year-ago quarter. The stock has a 52-week-high of 171.43 and a 52-week-low of 71.3286. At the end of the last trading period, Advance Auto Parts closed at $153.05.
  • For ManpowerGroup Inc MAN, JP Morgan upgraded the previous rating of Neutral to the current rating Overweight. ManpowerGroup earned $1.20 in the third quarter, compared to $1.92 in the year-ago quarter. The current stock performance of ManpowerGroup shows a 52-week-high of 100.99 and a 52-week-low of 49.57. Moreover, at the end of the last trading period, the closing price was at $70.51.
  • According to Raymond James, the prior rating for Dave & Buster's Entertainment Inc PLAY was changed from Outperform to Strong Buy. Dave & Buster's Enter earned $1.24 in the second quarter, compared to $0.90 in the year-ago quarter. At the moment, the stock has a 52-week-high of 48.8 and a 52-week-low of 4.605. Dave & Buster's Enter closed at $18.79 at the end of the last trading period.

 

Downgrades

  • According to Benchmark, the prior rating for Canadian Pacific Railway Ltd CP was changed from Buy to Hold. In the third quarter, Canadian Pacific Railway showed an EPS of $3.09, compared to $3.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of 327.4 and a 52-week-low of 173.26. Canadian Pacific Railway closed at $319.80 at the end of the last trading period.
  • For Hexcel Corp HXL, BMO Capital downgraded the previous rating of Outperform to the current rating Market Perform. For the third quarter, Hexcel had an EPS of $0.29, compared to year-ago quarter EPS of $0.90. The current stock performance of Hexcel shows a 52-week-high of 80.57 and a 52-week-low of 24.54. Moreover, at the end of the last trading period, the closing price was at $34.11.
  • According to Jefferies, the prior rating for Oshkosh Corp OSK was changed from Buy to Hold. In the third quarter, Oshkosh showed an EPS of $1.29, compared to $2.72 from the year-ago quarter. At the moment, the stock has a 52-week-high of 95.62 and a 52-week-low of 46.72. Oshkosh closed at $79.98 at the end of the last trading period.
  • For Galapagos NV GLPG, Goldman Sachs downgraded the previous rating of Neutral to the current rating Sell. Galapagos earned $1.95 in the second quarter, compared to $0.96 in the year-ago quarter. The current stock performance of Galapagos shows a 52-week-high of 274.03 and a 52-week-low of 112.0. Moreover, at the end of the last trading period, the closing price was at $131.79.

 

Initiations

  • With a current rating of Overweight, Wells Fargo initiated coverage on UDR Inc UDR. The price target seems to have been set at $37.00 for UDR. In the second quarter, UDR showed an EPS of $0.51, compared to $0.52 from the year-ago quarter. The current stock performance of UDR shows a 52-week-high of 51.25 and a 52-week-low of 29.2. Moreover, at the end of the last trading period, the closing price was at $32.35.
  • Edward Jones initiated coverage on ServiceNow Inc NOW with a Buy rating. For the second quarter, ServiceNow had an EPS of $1.23, compared to year-ago quarter EPS of $0.71. At the moment, the stock has a 52-week-high of 533.37 and a 52-week-low of 213.99. ServiceNow closed at $517.74 at the end of the last trading period.
  • HC Wainwright & Co. initiated coverage on American Resources Corp AREC with a Buy rating. The price target for American Res is set to $4.00. In the second quarter, American Res earned $0.05. The current stock performance of American Res shows a 52-week-high of 4.93 and a 52-week-low of 0.32. Moreover, at the end of the last trading period, the closing price was at $1.64.
  • Cantor Fitzgerald initiated coverage on Humanigen Inc HGEN with an Overweight rating. The price target for Humanigen is set to $25.00. Humanigen earned $0.16 in the second quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of 33.95 and a 52-week-low of 3.4. At the end of the last trading period, Humanigen closed at $13.85.
  • Wedbush initiated coverage on Shift Technologies Inc SFT with an Outperform rating. The price target for Shift Technologies is set to $15.00. At the moment, the stock has a 52-week-high of 12.34 and a 52-week-low of 10.64. Shift Technologies closed at $10.83 at the end of the last trading period.
Posted In: Human Resource & Employment ServicesIndustrialsInitiationstop upgradesPenny StocksUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings