Market Overview

Benzinga's Top Upgrades, Downgrades For November 5, 2020

Share:

Upgrades

  • According to DA Davidson, the prior rating for Medifast Inc (NYSE: MED) was changed from Neutral to Buy. Medifast earned $2.91 in the third quarter, compared to $1.32 in the year-ago quarter. The stock has a 52-week-high of 184.29 and a 52-week-low of 49.03. At the end of the last trading period, Medifast closed at $160.91.
  • According to MKM Partners, the prior rating for The Wendy's Co (NASDAQ: WEN) was changed from Neutral to Buy. Wendy's earned $0.19 in the third quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of 24.91 and a 52-week-low of 6.82. At the end of the last trading period, Wendy's closed at $21.79.
  • For The Western Union Co (NYSE: WU), Citigroup upgraded the previous rating of Sell to the current rating Neutral. In the third quarter, The Western Union showed an EPS of $0.57, compared to $0.49 from the year-ago quarter. The current stock performance of The Western Union shows a 52-week-high of 28.445 and a 52-week-low of 17.39. Moreover, at the end of the last trading period, the closing price was at $20.22.
  • Stifel upgraded the previous rating for Upwork Inc (NASDAQ: UPWK) from Hold to Buy. For the third quarter, Upwork had an EPS of $0.02, compared to year-ago quarter EPS of $0.03. The current stock performance of Upwork shows a 52-week-high of 21.2962 and a 52-week-low of 5.14. Moreover, at the end of the last trading period, the closing price was at $20.22.
  • Benchmark upgraded the previous rating for Cross Country Healthcare Inc (NASDAQ: CCRN) from Hold to Buy. For the third quarter, Cross Country Healthcare had an EPS of $0.12, compared to year-ago quarter EPS of $0.05. The current stock performance of Cross Country Healthcare shows a 52-week-high of 13.42 and a 52-week-low of 4.5. Moreover, at the end of the last trading period, the closing price was at $7.85.
  • UBS upgraded the previous rating for Clean Harbors Inc (NYSE: CLH) from Neutral to Buy. For the third quarter, Clean Harbors had an EPS of $0.90, compared to year-ago quarter EPS of $0.72. The stock has a 52-week-high of 88.4 and a 52-week-low of 29.4501. At the end of the last trading period, Clean Harbors closed at $61.02.
  • According to B of A Securities, the prior rating for The Wendy's Co (NASDAQ: WEN) was changed from Neutral to Buy. Wendy's earned $0.19 in the third quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of 24.91 and a 52-week-low of 6.82. Wendy's closed at $21.79 at the end of the last trading period.
  • For Biogen Inc (NASDAQ: BIIB), B of A Securities upgraded the previous rating of Underperform to the current rating Neutral. In the third quarter, Biogen showed an EPS of $8.84, compared to $9.17 from the year-ago quarter. The current stock performance of Biogen shows a 52-week-high of 374.99 and a 52-week-low of 243.25. Moreover, at the end of the last trading period, the closing price was at $355.63.
  • According to Needham, the prior rating for NeoPhotonics Corp (NYSE: NPTN) was changed from Hold to Buy. NeoPhotonics earned $0.11 in the third quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of 10.34 and a 52-week-low of 4.6546. NeoPhotonics closed at $6.88 at the end of the last trading period.
  • For ZoomInfo Technologies Inc (NASDAQ: ZI), RBC Capital upgraded the previous rating of Sector Perform to the current rating Outperform. ZoomInfo Technologies earned $0.07 in the second quarter. At the moment, the stock has a 52-week-high of 64.4 and a 52-week-low of 30.83. ZoomInfo Technologies closed at $38.92 at the end of the last trading period.
  • According to JP Morgan, the prior rating for Verizon Communications Inc (NYSE: VZ) was changed from Neutral to Overweight. Verizon Communications earned $1.25 in the third quarter, compared to $1.25 in the year-ago quarter. The current stock performance of Verizon Communications shows a 52-week-high of 62.22 and a 52-week-low of 48.84. Moreover, at the end of the last trading period, the closing price was at $57.21.
  • DZ Bank upgraded the previous rating for PayPal Holdings Inc (NASDAQ: PYPL) from Hold to Buy. For the third quarter, PayPal Holdings had an EPS of $1.07, compared to year-ago quarter EPS of $0.61. The current stock performance of PayPal Holdings shows a 52-week-high of 215.83 and a 52-week-low of 82.07. Moreover, at the end of the last trading period, the closing price was at $194.29.
  • For Microsoft Corp (NASDAQ: MSFT), Oppenheimer upgraded the previous rating of Perform to the current rating Outperform. Microsoft earned $1.82 in the first quarter, compared to $1.38 in the year-ago quarter. The current stock performance of Microsoft shows a 52-week-high of 232.86 and a 52-week-low of 132.52. Moreover, at the end of the last trading period, the closing price was at $216.39.

 

Downgrades

  • According to Raymond James, the prior rating for Cubic Corp (NYSE: CUB) was changed from Strong Buy to Outperform. In the third quarter, Cubic showed an EPS of $0.74, compared to $0.66 from the year-ago quarter. The current stock performance of Cubic shows a 52-week-high of 75.2 and a 52-week-low of 30.86. Moreover, at the end of the last trading period, the closing price was at $60.65.
  • Morgan Stanley downgraded the previous rating for First Solar Inc (NASDAQ: FSLR) from Equal-Weight to Underweight. First Solar earned $1.45 in the third quarter, compared to $0.29 in the year-ago quarter. At the moment, the stock has a 52-week-high of 97.93 and a 52-week-low of 28.47. First Solar closed at $79.78 at the end of the last trading period.
  • According to RBC Capital, the prior rating for Vulcan Materials Co (NYSE: VMC) was changed from Outperform to Sector Perform. Vulcan Materials earned $1.56 in the third quarter, compared to $1.68 in the year-ago quarter. At the moment, the stock has a 52-week-high of 153.88 and a 52-week-low of 65.56. Vulcan Materials closed at $136.46 at the end of the last trading period.
  • For Ping Identity Holding Corp (NYSE: PING), Piper Sandler downgraded the previous rating of Overweight to the current rating Neutral. Ping Identity Holding earned $0.11 in the third quarter, compared to $0.13 in the year-ago quarter. The stock has a 52-week-high of 37.8 and a 52-week-low of 12.02. At the end of the last trading period, Ping Identity Holding closed at $27.88.
  • According to Loop Capital, the prior rating for Five Below Inc (NASDAQ: FIVE) was changed from Buy to Hold. For the second quarter, Five Below had an EPS of $0.53, compared to year-ago quarter EPS of $0.51. At the moment, the stock has a 52-week-high of 143.9 and a 52-week-low of 47.53. Five Below closed at $141.59 at the end of the last trading period.
  • According to China Renaissance, the prior rating for DouYu International Holdings Ltd (NASDAQ: DOYU) was changed from Buy to Hold. DouYu International Hldgs earned $0.15 in the second quarter, compared to $0.28 in the year-ago quarter. The current stock performance of DouYu International Hldgs shows a 52-week-high of 17.85 and a 52-week-low of 6.11. Moreover, at the end of the last trading period, the closing price was at $15.38.
  • For bluebird bio Inc (NASDAQ: BLUE), BMO Capital downgraded the previous rating of Outperform to the current rating Market Perform. For the third quarter, bluebird bio had an EPS of $2.94, compared to year-ago quarter EPS of $3.73. The stock has a 52-week-high of 99.36 and a 52-week-low of 38.95. At the end of the last trading period, bluebird bio closed at $58.55.

 

Initiations

  • Credit Suisse initiated coverage on Centogene NV (NASDAQ: CNTG) with an Outperform rating. The price target for Centogene is set to $15.00. Interestingly, in the second quarter, Centogene's EPS was $0.57. The stock has a 52-week-high of 28.7109 and a 52-week-low of 7.8. At the end of the last trading period, Centogene closed at $11.62.
  • HC Wainwright & Co. initiated coverage on Relay Therapeutics Inc (NASDAQ: RLAY) with a Buy rating. The price target for Relay Therapeutics is set to $54.00. The stock has a 52-week-high of 49.8899 and a 52-week-low of 32.56. At the end of the last trading period, Relay Therapeutics closed at $38.54.
  • With a current rating of Buy, Ascendiant Capital initiated coverage on PAVmed Inc (NASDAQ: PAVM). The price target seems to have been set at $5.00 for PAVmed. For the second quarter, PAVmed had an EPS of $0.13, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of 3.45 and a 52-week-low of 0.81. At the end of the last trading period, PAVmed closed at $1.82.
 

Related Articles (BIIB + BLUE)

View Comments and Join the Discussion!

Posted-In: Initiations top upgradesPenny Stocks Upgrades Downgrades Initiation Intraday Update Analyst Ratings

Latest Ratings

StockFirmActionPT
LQDAWedbushDowngrades4.0
NBHCDA DavidsonDowngrades
INTUCredit SuisseMaintains385.0
ROSTCredit SuisseMaintains126.0
WDAYCredit SuisseMaintains230.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com