Skip to main content

Market Overview

Benzinga's Top Upgrades, Downgrades For December 8, 2020

Share:

Upgrades

  • For Prudential Financial Inc (NYSE: PRU), Citigroup upgraded the previous rating of Sell to the current rating Neutral. For the third quarter, Prudential Financial had an EPS of $3.21, compared to year-ago quarter EPS of $3.22. The current stock performance of Prudential Financial shows a 52-week-high of 97.2425 and a 52-week-low of 38.62. Moreover, at the end of the last trading period, the closing price was at $79.98.
  • Citigroup upgraded the previous rating for MetLife Inc (NYSE: MET) from Neutral to Buy. For the third quarter, MetLife had an EPS of $1.95, compared to year-ago quarter EPS of $1.54. At the moment, the stock has a 52-week-high of 53.28 and a 52-week-low of 22.85. MetLife closed at $47.57 at the end of the last trading period.
  • According to Citigroup, the prior rating for Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) was changed from Neutral to Buy. In the third quarter, Lexicon Pharmaceuticals showed an EPS of $0.43, compared to $0.10 from the year-ago quarter. The current stock performance of Lexicon Pharmaceuticals shows a 52-week-high of 5.33 and a 52-week-low of 1.03. Moreover, at the end of the last trading period, the closing price was at $1.73.
  • According to Citigroup, the prior rating for Everest Re Group Ltd (NYSE: RE) was changed from Neutral to Buy. For the third quarter, Everest Re Group had an EPS of $2.42, compared to year-ago quarter EPS of $3.39. At the moment, the stock has a 52-week-high of 294.31 and a 52-week-low of 157.32. Everest Re Group closed at $230.48 at the end of the last trading period.
  • Citigroup upgraded the previous rating for Chubb Ltd (NYSE: CB) from Neutral to Buy. Chubb earned $2.00 in the third quarter, compared to $2.70 in the year-ago quarter. The current stock performance of Chubb shows a 52-week-high of 167.74 and a 52-week-low of 87.35. Moreover, at the end of the last trading period, the closing price was at $152.34.
  • For Antero Resources Corp (NYSE: AR), JP Morgan upgraded the previous rating of Underweight to the current rating Overweight. Antero Resources earned $0.05 in the third quarter, compared to $0.49 in the year-ago quarter. 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 $4.08.
  • According to Wolfe Research, the prior rating for SmileDirectClub Inc (NASDAQ: SDC) was changed from Peer Perform to Outperform. For the third quarter, SmileDirectClub had an EPS of $0.11, compared to year-ago quarter EPS of $0.89. At the moment, the stock has a 52-week-high of 15.54 and a 52-week-low of 3.64. SmileDirectClub closed at $10.87 at the end of the last trading period.
  • According to Wolfe Research, the prior rating for Regal Beloit Corp (NYSE: RBC) was changed from Peer Perform to Outperform. In the third quarter, Regal Beloit showed an EPS of $1.73, compared to $1.35 from the year-ago quarter. The current stock performance of Regal Beloit shows a 52-week-high of 124.82 and a 52-week-low of 51.99. Moreover, at the end of the last trading period, the closing price was at $116.45.
  • According to Wolfe Research, the prior rating for nVent Electric PLC (NYSE: NVT) was changed from Peer Perform to Outperform. In the third quarter, nVent Electric showed an EPS of $0.45, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of 28.75 and a 52-week-low of 10.535. nVent Electric closed at $23.61 at the end of the last trading period.
  • For CorEnergy Infrastructure Trust Inc (NYSE: CORR), Stifel upgraded the previous rating of Sell to the current rating Hold. For the third quarter, CorEnergy Infr Trust had an EPS of $0.21, compared to year-ago quarter EPS of $0.94. The current stock performance of CorEnergy Infr Trust shows a 52-week-high of 47.56 and a 52-week-low of 3.555. Moreover, at the end of the last trading period, the closing price was at $7.18.
  • BMO Capital upgraded the previous rating for Anglogold Ashanti Ltd (NYSE: AU) from Market Perform to Outperform. In the fourth quarter, Anglogold Ashanti earned $0.10. At the moment, the stock has a 52-week-high of 38.5 and a 52-week-low of 12.66. Anglogold Ashanti closed at $22.74 at the end of the last trading period.
  • For Equifax Inc (NYSE: EFX), Barclays upgraded the previous rating of Equal-Weight to the current rating Overweight. In the third quarter, Equifax showed an EPS of $1.87, compared to $1.48 from the year-ago quarter. The stock has a 52-week-high of 181.76 and a 52-week-low of 103.01. At the end of the last trading period, Equifax closed at $170.85.
  • According to JP Morgan, the prior rating for QEP Resources Inc (NYSE: QEP) was changed from Neutral to Overweight. In the third quarter, QEP Resources showed an EPS of $0.13, compared to $0.34 from the year-ago quarter. The current stock performance of QEP Resources shows a 52-week-high of 4.8 and a 52-week-low of 0.2625. Moreover, at the end of the last trading period, the closing price was at $2.14.
  • KeyBanc upgraded the previous rating for ON Semiconductor Corp (NASDAQ: ON) from Sector Weight to Overweight. ON Semiconductor earned $0.27 in the third quarter, compared to $0.33 in the year-ago quarter. The current stock performance of ON Semiconductor shows a 52-week-high of 30.755 and a 52-week-low of 8.17. Moreover, at the end of the last trading period, the closing price was at $30.57.

 

Downgrades

  • According to Stifel, the prior rating for Synnex Corp (NYSE: SNX) was changed from Buy to Hold. For the third quarter, Synnex had an EPS of $3.33, compared to year-ago quarter EPS of $3.30. At the moment, the stock has a 52-week-high of 164.74 and a 52-week-low of 52.06. Synnex closed at $81.50 at the end of the last trading period.
  • Citigroup downgraded the previous rating for Progressive Corp (NYSE: PGR) from Buy to Neutral. In the third quarter, Progressive showed an EPS of $1.88, compared to $1.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of 102.05 and a 52-week-low of 62.18. Progressive closed at $90.27 at the end of the last trading period.
  • For MicroStrategy Inc (NASDAQ: MSTR), Citigroup downgraded the previous rating of Neutral to the current rating Sell. For the third quarter, MicroStrategy had an EPS of $2.06, compared to year-ago quarter EPS of $0.94. At the moment, the stock has a 52-week-high of 358.94 and a 52-week-low of 90.0. MicroStrategy closed at $336.22 at the end of the last trading period.
  • Citigroup downgraded the previous rating for Marsh & McLennan Companies Inc (NYSE: MMC) from Buy to Neutral. In the third quarter, Marsh & McLennan showed an EPS of $0.82, compared to $0.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of 120.97 and a 52-week-low of 74.335. Marsh & McLennan closed at $116.16 at the end of the last trading period.
  • According to Wolfe Research, the prior rating for Fortive Corp (NYSE: FTV) was changed from Outperform to Peer Perform. For the third quarter, Fortive had an EPS of $0.94, compared to year-ago quarter EPS of $0.87. At the moment, the stock has a 52-week-high of 82.12 and a 52-week-low of 37.3101. Fortive closed at $69.39 at the end of the last trading period.
  • According to Wells Fargo, the prior rating for Coty Inc (NYSE: COTY) was changed from Equal-Weight to Underweight. For the first quarter, Coty had an EPS of $0.02, compared to year-ago quarter EPS of $0.07. The current stock performance of Coty shows a 52-week-high of 13.01 and a 52-week-low of 2.65. Moreover, at the end of the last trading period, the closing price was at $7.45.
  • For Rocket Pharmaceuticals Inc (NASDAQ: RCKT), Oppenheimer downgraded the previous rating of Outperform to the current rating Perform. For the third quarter, Rocket Pharmaceuticals had an EPS of $0.53, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of 35.0 and a 52-week-low of 9.01. At the end of the last trading period, Rocket Pharmaceuticals closed at $33.27.
  • Goldman Sachs downgraded the previous rating for Jabil Inc (NYSE: JBL) from Buy to Neutral. Jabil earned $0.98 in the fourth quarter, compared to $0.88 in the year-ago quarter. The stock has a 52-week-high of 44.2 and a 52-week-low of 17.63. At the end of the last trading period, Jabil closed at $40.74.
  • For Huazhu Group Ltd (NASDAQ: HTHT), Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. In the third quarter, Huazhu Group showed an EPS of $0.11, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of 53.66 and a 52-week-low of 25.01. Huazhu Group closed at $50.33 at the end of the last trading period.
  • For Dover Corp (NYSE: DOV), Wolfe Research downgraded the previous rating of Outperform to the current rating Peer Perform. Dover earned $1.60 in the third quarter, compared to $1.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of 127.39 and a 52-week-low of 62.95. Dover closed at $122.31 at the end of the last trading period.
  • For Dada Nexus Ltd (NASDAQ: DADA), Morgan Stanley downgraded the previous rating of Overweight to the current rating Equal-Weight. In the third quarter, Dada Nexus earned $0.05. At the moment, the stock has a 52-week-high of 61.27 and a 52-week-low of 14.6004. Dada Nexus closed at $42.83 at the end of the last trading period.
  • JP Morgan downgraded the previous rating for EQT Corp (NYSE: EQT) from Overweight to Neutral. For the third quarter, EQT had an EPS of $0.15, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of 17.965 and a 52-week-low of 4.21. At the end of the last trading period, EQT closed at $13.87.

 

Initiations

  • JMP Securities initiated coverage on Turning Point Therapeutics Inc (NASDAQ: TPTX) with a Market Outperform rating. The price target for Turning Point is set to $125.00. In the third quarter, Turning Point showed an EPS of $0.42, compared to $0.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of 122.85 and a 52-week-low of 31.3042. Turning Point closed at $103.46 at the end of the last trading period.
  • With a current rating of Market Outperform, JMP Securities initiated coverage on Relay Therapeutics Inc (NASDAQ: RLAY). The price target seems to have been set at $66.00 for Relay Therapeutics. For the third quarter, Relay Therapeutics had an EPS of $3.00, compared to year-ago quarter EPS of $5.53. The stock has a 52-week-high of 57.59 and a 52-week-low of 32.56. At the end of the last trading period, Relay Therapeutics closed at $49.40.
  • Wells Fargo initiated coverage on Newell Brands Inc (NASDAQ: NWL) with an Underweight rating. The price target for Newell Brands is set to $18.00. In the third quarter, Newell Brands showed an EPS of $0.84, compared to $0.73 from the year-ago quarter. The current stock performance of Newell Brands shows a 52-week-high of 22.09 and a 52-week-low of 10.44. Moreover, at the end of the last trading period, the closing price was at $21.59.
  • JMP Securities initiated coverage on Mirati Therapeutics Inc (NASDAQ: MRTX) with a Market Perform rating. In the third quarter, Mirati Therapeutics showed an EPS of $1.96, compared to $1.38 from the year-ago quarter. The current stock performance of Mirati Therapeutics shows a 52-week-high of 244.02 and a 52-week-low of 66.01. Moreover, at the end of the last trading period, the closing price was at $236.98.
  • Credit Suisse initiated coverage on MediaAlpha Inc (NYSE: MAX) with a Neutral rating. The price target for MediaAlpha is set to $38.00. The stock has a 52-week-high of 43.48 and a 52-week-low of 33.76. At the end of the last trading period, MediaAlpha closed at $37.25.
  • With a current rating of Buy, Citigroup initiated coverage on Globus Medical Inc (NYSE: GMED). The price target seems to have been set at $72.00 for Globus Medical. For the third quarter, Globus Medical had an EPS of $0.49, compared to year-ago quarter EPS of $0.43. The current stock performance of Globus Medical shows a 52-week-high of 61.295 and a 52-week-low of 33.41. Moreover, at the end of the last trading period, the closing price was at $59.89.
  • Deutsche Bank initiated coverage on Garmin Ltd (NASDAQ: GRMN) with a Hold rating. The price target for Garmin is set to $120.00. Garmin earned $1.58 in the third quarter, compared to $1.27 in the year-ago quarter. The stock has a 52-week-high of 122.35 and a 52-week-low of 61.04. At the end of the last trading period, Garmin closed at $121.30.
  • With a current rating of Overweight, Wells Fargo initiated coverage on Coca-Cola Co (NYSE: KO). The price target seems to have been set at $62.00 for Coca-Cola. For the third quarter, Coca-Cola had an EPS of $0.55, compared to year-ago quarter EPS of $0.56. The current stock performance of Coca-Cola shows a 52-week-high of 60.13 and a 52-week-low of 36.27. Moreover, at the end of the last trading period, the closing price was at $52.99.
  • With a current rating of Buy, Canaccord Genuity initiated coverage on Accolade Inc (NASDAQ: ACCD). The price target seems to have been set at $59.00 for Accolade. For the second quarter, Accolade had an EPS of $0.47, compared to year-ago quarter EPS of $1.86. The current stock performance of Accolade shows a 52-week-high of 55.54 and a 52-week-low of 29.5. Moreover, at the end of the last trading period, the closing price was at $53.08.
  • Piper Sandler initiated coverage on AGNC Investment Corp (NASDAQ: AGNC) with an Overweight rating. The price target for AGNC Investment is set to $16.50. In the third quarter, AGNC Investment showed an EPS of $0.81, compared to $0.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of 19.65 and a 52-week-low of 6.25. AGNC Investment closed at $15.48 at the end of the last trading period.
  • Wells Fargo initiated coverage on Molson Coors Beverage Co (NYSE: TAP) with a Equal-Weight rating. The price target for Molson Coors Beverage is set to $51.00. Molson Coors Beverage earned $1.62 in the third quarter, compared to $1.48 in the year-ago quarter. The stock has a 52-week-high of 61.94 and a 52-week-low of 32.11. At the end of the last trading period, Molson Coors Beverage closed at $47.70.
  • For Constellation Brands Inc (NYSE: STZ), Wells Fargo initiated coverage, by setting the current rating at Overweight. Constellation Brands earned $2.76 in the second quarter, compared to $2.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of 214.11 and a 52-week-low of 104.28. Constellation Brands closed at $212.02 at the end of the last trading period.
  • Wells Fargo initiated coverage on Spectrum Brands Holdings Inc (NYSE: SPB) with an Overweight rating. The price target for Spectrum Brands Holdings is set to $80.00. In the fourth quarter, Spectrum Brands Holdings showed an EPS of $1.72, compared to $1.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of 68.92 and a 52-week-low of 19.59. Spectrum Brands Holdings closed at $66.57 at the end of the last trading period.
  • Wells Fargo initiated coverage on Procter & Gamble Co (NYSE: PG) with an Overweight rating. The price target for Procter & Gamble is set to $160.00. In the first quarter, Procter & Gamble showed an EPS of $1.63, compared to $1.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of 146.92 and a 52-week-low of 94.34. Procter & Gamble closed at $137.67 at the end of the last trading period.
  • Wells Fargo initiated coverage on PepsiCo Inc (NASDAQ: PEP) with a Equal-Weight rating. The price target for PepsiCo is set to $157.00. For the third quarter, PepsiCo had an EPS of $1.66, compared to year-ago quarter EPS of $1.56. The current stock performance of PepsiCo shows a 52-week-high of 147.2 and a 52-week-low of 101.42. Moreover, at the end of the last trading period, the closing price was at $145.37.
  • Wells Fargo initiated coverage on Monster Beverage Corp (NASDAQ: MNST) with an Overweight rating. The price target for Monster Beverage is set to $105.00. Monster Beverage earned $0.65 in the third quarter, compared to $0.55 in the year-ago quarter. The stock has a 52-week-high of 88.46 and a 52-week-low of 50.06. At the end of the last trading period, Monster Beverage closed at $87.17.
  • With a current rating of Underweight, Wells Fargo initiated coverage on Kimberly-Clark Corp (NYSE: KMB). The price target seems to have been set at $130.00 for Kimberly-Clark. Kimberly-Clark earned $1.72 in the third quarter, compared to $1.84 in the year-ago quarter. The stock has a 52-week-high of 160.16 and a 52-week-low of 110.66. At the end of the last trading period, Kimberly-Clark closed at $137.01.
  • With a current rating of Equal-Weight, Wells Fargo initiated coverage on Keurig Dr Pepper Inc (NASDAQ: KDP). The price target seems to have been set at $33.00 for Keurig Dr Pepper. In the third quarter, Keurig Dr Pepper showed an EPS of $0.39, compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of 31.47 and a 52-week-low of 18.98. At the end of the last trading period, Keurig Dr Pepper closed at $30.71.
  • With a current rating of Underweight, Wells Fargo initiated coverage on Edgewell Personal Care Co (NYSE: EPC). The price target seems to have been set at $30.00 for Edgewell Personal Care. In the fourth quarter, Edgewell Personal Care showed an EPS of $0.59, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of 38.97 and a 52-week-low of 20.51. At the end of the last trading period, Edgewell Personal Care closed at $34.82.
  • Wells Fargo initiated coverage on The Estee Lauder Companies Inc (NYSE: EL) with a Equal-Weight rating. The price target for Estee Lauder Cos is set to $265.00. In the first quarter, Estee Lauder Cos showed an EPS of $1.44, compared to $1.67 from the year-ago quarter. The stock has a 52-week-high of 259.775 and a 52-week-low of 137.0114. At the end of the last trading period, Estee Lauder Cos closed at $245.85.
  • Wells Fargo initiated coverage on Clorox Co (NYSE: CLX) with an Overweight rating. The price target for Clorox is set to $250.00. For the first quarter, Clorox had an EPS of $3.22, compared to year-ago quarter EPS of $1.59. At the moment, the stock has a 52-week-high of 239.87 and a 52-week-low of 148.9. Clorox closed at $200.62 at the end of the last trading period.
  • Wells Fargo initiated coverage on Colgate-Palmolive Co (NYSE: CL) with an Underweight rating. The price target for Colgate-Palmolive is set to $80.00. Colgate-Palmolive earned $0.79 in the third quarter, compared to $0.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of 86.41 and a 52-week-low of 58.49. Colgate-Palmolive closed at $85.34 at the end of the last trading period.
  • Wells Fargo initiated coverage on Church & Dwight Co Inc (NYSE: CHD) with a Equal-Weight rating. The price target for Church & Dwight Co is set to $94.00. Church & Dwight Co earned $0.70 in the third quarter, compared to $0.63 in the year-ago quarter. The current stock performance of Church & Dwight Co shows a 52-week-high of 98.96 and a 52-week-low of 47.98. Moreover, at the end of the last trading period, the closing price was at $86.78.
 

Related Articles (AGNC + ACCD)

View Comments and Join the Discussion!

Posted-In: InitiationsPenny Stocks Upgrades Downgrades Initiation Small Cap Intraday Update Analyst Ratings

Latest Ratings

StockFirmActionPT
CFRTruist SecuritiesMaintains111.0
FANGTruist SecuritiesMaintains105.0
NPOOppenheimerMaintains95.0
SBNYCredit SuisseMaintains250.0
CVXCredit SuisseMaintains126.0
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.
SPAC
Everything you need to know about the latest SPAC news.
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