Benzinga's Top Upgrades, Downgrades For October 22, 2020

Upgrades

• Piper Sandler upgraded the previous rating for WPX Energy Inc WPX from Neutral to Overweight. WPX Energy earned $0.12 in the second quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of 14.425 and a 52-week-low of 1.94. At the end of the last trading period, WPX Energy closed at $4.41.
• Wedbush upgraded the previous rating for Navient Corp NAVI from Neutral to Outperform. For the third quarter, Navient had an EPS of $1.03, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of 15.5 and a 52-week-low of 4.07. At the end of the last trading period, Navient closed at $9.18.
• For The Interpublic Group of Companies Inc IPG, MoffettNathanson upgraded the previous rating of Neutral to the current rating Buy. For the third quarter, Interpublic Gr of Cos had an EPS of $0.53, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of 25.2 and a 52-week-low of 11.63. Interpublic Gr of Cos closed at $18.70 at the end of the last trading period.
• Gordon Haskett upgraded the previous rating for Hyatt Hotels Corp H from Underperform to Hold. For the second quarter, Hyatt Hotels had an EPS of $1.80, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of 94.98 and a 52-week-low of 24.02. Hyatt Hotels closed at $55.42 at the end of the last trading period.
• According to Guggenheim, the prior rating for Dentsply Sirona Inc XRAY was changed from Neutral to Buy. Dentsply Sirona earned $0.18 in the second quarter, compared to $0.66 in the year-ago quarter. The stock has a 52-week-high of 60.87 and a 52-week-low of 31.575. At the end of the last trading period, Dentsply Sirona closed at $45.67.
• Raymond James upgraded the previous rating for iRobot Corp IRBT from Market Perform to Outperform. For the third quarter, iRobot had an EPS of $2.58, compared to year-ago quarter EPS of $1.24. At the moment, the stock has a 52-week-high of 98.55 and a 52-week-low of 32.79. iRobot closed at $83.48 at the end of the last trading period.
• According to Baird, the prior rating for Tesla Inc TSLA was changed from Neutral to Outperform. In the third quarter, Tesla showed an EPS of $0.76, compared to $0.37 from the year-ago quarter. The current stock performance of Tesla shows a 52-week-high of 502.49 and a 52-week-low of 50.036. Moreover, at the end of the last trading period, the closing price was at $422.64.
• According to JMP Securities, the prior rating for Tesla Inc TSLA was changed from Market Perform to Market Outperform. For the third quarter, Tesla had an EPS of $0.76, compared to year-ago quarter EPS of $0.37. At the moment, the stock has a 52-week-high of 502.49 and a 52-week-low of 50.036. Tesla closed at $422.64 at the end of the last trading period.
• According to Susquehanna, the prior rating for Teradyne Inc TER was changed from Negative to Neutral. For the third quarter, Teradyne had an EPS of $1.18, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of 93.4381 and a 52-week-low of 42.87. At the end of the last trading period, Teradyne closed at $92.07.
• For Pinterest Inc PINS, Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. In the second quarter, Pinterest showed an EPS of $0.07, compared to $0.06 from the year-ago quarter. The current stock performance of Pinterest shows a 52-week-high of 52.05 and a 52-week-low of 10.1. Moreover, at the end of the last trading period, the closing price was at $49.38.

Downgrades

• Gordon Haskett downgraded the previous rating for Wayfair Inc W from Buy to Accumulate. For the second quarter, Wayfair had an EPS of $3.13, compared to year-ago quarter EPS of $1.35. The stock has a 52-week-high of 349.082 and a 52-week-low of 21.7. At the end of the last trading period, Wayfair closed at $270.23.
• B of A Securities downgraded the previous rating for Silgan Holdings Inc SLGN from Buy to Neutral. For the third quarter, Silgan Hldgs had an EPS of $1.04, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of 40.44 and a 52-week-low of 24.645. Silgan Hldgs closed at $36.32 at the end of the last trading period.
• Loop Capital downgraded the previous rating for Regis Corp RGS from Buy to Hold. For the fourth quarter, Regis had an EPS of $1.01, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of 23.27 and a 52-week-low of 4.2201. At the end of the last trading period, Regis closed at $6.66.
• According to MKM Partners, the prior rating for Parsley Energy Inc PE was changed from Buy to Neutral. In the second quarter, Parsley Energy showed an EPS of $0.03, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of 20.125 and a 52-week-low of 3.92. Parsley Energy closed at $9.72 at the end of the last trading period.
• Mizuho downgraded the previous rating for PNM Resources Inc PNM from Buy to Neutral. In the second quarter, PNM Resources showed an EPS of $0.55, compared to $0.37 from the year-ago quarter. The current stock performance of PNM Resources shows a 52-week-high of 56.14 and a 52-week-low of 27.08. Moreover, at the end of the last trading period, the closing price was at $49.95.
• For BorgWarner Inc BWA, Barclays downgraded the previous rating of Overweight to the current rating Equal-Weight. For the second quarter, BorgWarner had an EPS of $0.14, compared to year-ago quarter EPS of $1.00. The current stock performance of BorgWarner shows a 52-week-high of 46.6 and a 52-week-low of 17.0. Moreover, at the end of the last trading period, the closing price was at $39.63.
• JP Morgan downgraded the previous rating for Avery Dennison Corp AVY from Neutral to Underweight. Avery Dennison earned $1.91 in the third quarter, compared to $1.66 in the year-ago quarter. At the moment, the stock has a 52-week-high of 145.45 and a 52-week-low of 76.96. Avery Dennison closed at $142.46 at the end of the last trading period.
• According to Citigroup, the prior rating for Aramark ARMK was changed from Buy to Neutral. Aramark earned $0.69 in the third quarter, compared to $0.47 in the year-ago quarter. The stock has a 52-week-high of 47.22 and a 52-week-low of 9.65. At the end of the last trading period, Aramark closed at $29.02.
• For The Mosaic Co MOS, Citigroup downgraded the previous rating of Buy to the current rating Neutral. Mosaic earned $0.11 in the second quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of 22.5 and a 52-week-low of 6.5. At the end of the last trading period, Mosaic closed at $18.92.
• Goldman Sachs downgraded the previous rating for Qualys Inc QLYS from Neutral to Sell. Qualys earned $0.74 in the second quarter, compared to $0.55 in the year-ago quarter. The current stock performance of Qualys shows a 52-week-high of 125.22 and a 52-week-low of 63.37. Moreover, at the end of the last trading period, the closing price was at $98.48.
• For Peloton Interactive Inc PTON, Goldman Sachs downgraded the previous rating of Buy to the current rating Neutral. Interestingly, in the fourth quarter, Peloton Interactive's EPS was $0.27. The stock has a 52-week-high of 139.75 and a 52-week-low of 17.7. At the end of the last trading period, Peloton Interactive closed at $124.30.

Initiations

• With a current rating of Neutral, Credit Suisse initiated coverage on Vitru Ltd VTRU. The price target seems to have been set at $15.00 for Vitru. At the moment, the stock has a 52-week-high of 17.0 and a 52-week-low of 11.84. Vitru closed at $13.50 at the end of the last trading period.
• With a current rating of Buy, Truist Securities initiated coverage on NuCana PLC NCNA. The price target seems to have been set at $22.00 for NuCana. In the second quarter, NuCana showed an EPS of $0.24, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of 10.59 and a 52-week-low of 3.81. NuCana closed at $5.06 at the end of the last trading period.
• RBC Capital initiated coverage on Mesoblast Ltd MESO with a Sector Perform rating. The price target for Mesoblast is set to $12.00. Mesoblast earned $0.06 in the fourth quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of 21.28 and a 52-week-low of 3.1201. At the end of the last trading period, Mesoblast closed at $11.24.
• With a current rating of Buy, HC Wainwright & Co. initiated coverage on Cardiff Oncology Inc CRDF. The price target seems to have been set at $27.00 for Cardiff Oncology. Cardiff Oncology earned $0.51 in the second quarter, compared to $0.76 in the year-ago quarter. The stock has a 52-week-high of 18.1216 and a 52-week-low of 0.825. At the end of the last trading period, Cardiff Oncology closed at $12.02.
• With a current rating of Buy, Loop Capital initiated coverage on Atlas Air Worldwide Holdings Inc AAWW. The price target seems to have been set at $84.00 for Atlas Air Worldwide Hldgs. For the second quarter, Atlas Air Worldwide Hldgs had an EPS of $4.71, compared to year-ago quarter EPS of $0.17. At the moment, the stock has a 52-week-high of 69.08 and a 52-week-low of 14.97. Atlas Air Worldwide Hldgs closed at $62.83 at the end of the last trading period.