Benzinga's Top Ratings Upgrades, Downgrades For February 16, 2021

Upgrades

HSBC upgraded the previous rating for Eaton Corp PLC ETN from Hold to Buy. In the fourth quarter, Eaton Corp showed an EPS of $1.28, compared to $1.37 from the year-ago quarter. The current stock performance of Eaton Corp shows a 52-week-high of $130.00 and a 52-week-low of $56.41. Moreover, at the end of the last trading period, the closing price was at $123.95.

According to Deutsche Bank, the prior rating for Sociedad Quimica Y Minera De Chile SA SQM was changed from Hold to Buy. In the third quarter, Sociedad Quimica Y Minera showed an EPS of $0.01, compared to $0.23 from the year-ago quarter. The stock has a 52-week-high of $60.74 and a 52-week-low of $15.20. At the end of the last trading period, Sociedad Quimica Y Minera closed at $56.66.

For ContextLogic Inc WISH, Loop Capital upgraded the previous rating of Hold to Buy. The current stock performance of ContextLogic shows a 52-week-high of $32.85 and a 52-week-low of $0.26. Moreover, at the end of the last trading period, the closing price was at $27.45.

BMO Capital upgraded the previous rating for Ceridian HCM Holding Inc CDAY from Market Perform to Outperform. In the fourth quarter, Ceridian HCM Holding showed an EPS of $0.09, compared to $0.08 from the year-ago quarter. The current stock performance of Ceridian HCM Holding shows a 52-week-high of $111.93 and a 52-week-low of $38.40. Moreover, at the end of the last trading period, the closing price was at $97.85.

According to Wells Fargo, the prior rating for Extraction Oil & Gas Inc XOG was changed from Underweight to Overweight. The stock has a 52-week-high of $36.00 and a 52-week-low of $0.21. At the end of the last trading period, Extraction Oil & Gas closed at $31.80.

Morgan Stanley upgraded the previous rating for Anaplan Inc PLAN from Equal-Weight to Overweight. For the third quarter, Anaplan had an EPS of $0.05, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $83.11 and a 52-week-low of $26.04. At the end of the last trading period, Anaplan closed at $82.31.

According to Deutsche Bank, the prior rating for Albemarle Corp ALB was changed from Hold to Buy. Albemarle earned $1.09 in the third quarter, compared to $1.53 in the year-ago quarter. At the moment, the stock has a 52-week-high of $188.35 and a 52-week-low of $48.89. Albemarle closed at $164.51 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Canaccord Genuity, the prior rating for BlackBerry Ltd BB was changed from Hold to Sell. In the third quarter, BlackBerry showed an EPS of $0.02, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of $28.77 and a 52-week-low of $2.70. At the end of the last trading period, BlackBerry closed at $13.00.

For Noble Midstream Partners LP NBLX, Piper Sandler downgraded the previous rating of Overweight to Neutral. In the fourth quarter, Noble Midstream Partners showed an EPS of $0.44, compared to $0.65 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.41 and a 52-week-low of $1.81. Noble Midstream Partners closed at $13.53 at the end of the last trading period.

According to Baird, the prior rating for American Express Co AXP was changed from Outperform to Neutral. American Express earned $1.76 in the fourth quarter, compared to $2.03 in the year-ago quarter. The stock has a 52-week-high of $138.04 and a 52-week-low of $67.00. At the end of the last trading period, American Express closed at $129.60.

According to Baird, the prior rating for Republic Services Inc RSG was changed from Outperform to Neutral. For the third quarter, Republic Services had an EPS of $1.00, compared to year-ago quarter EPS of $0.91. The current stock performance of Republic Services shows a 52-week-high of $103.79 and a 52-week-low of $65.37. Moreover, at the end of the last trading period, the closing price was at $91.21.

Baird downgraded the previous rating for Waste Management Inc WM from Outperform to Neutral. Waste Management earned $1.09 in the third quarter, compared to $1.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $126.79 and a 52-week-low of $85.34. Waste Management closed at $113.21 at the end of the last trading period.

KeyBanc downgraded the previous rating for Glu Mobile Inc GLUU from Overweight to Sector Weight. For the fourth quarter, Glu Mobile had an EPS of $0.13, compared to year-ago quarter EPS of $0.07. At the moment, the stock has a 52-week-high of $12.95 and a 52-week-low of $3.98. Glu Mobile closed at $12.80 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Canaccord Genuity initiated coverage on Zscaler Inc ZS with a Buy rating. The price target for Zscaler is set to $250.00. In the first quarter, Zscaler showed an EPS of $0.14, compared to $0.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $228.38 and a 52-week-low of $35.00. Zscaler closed at $226.48 at the end of the last trading period.

Canaccord Genuity initiated coverage on Tenable Holdings Inc TENB with a Buy rating. The price target for Tenable Holdings is set to $57.00. In the fourth quarter, Tenable Holdings showed an EPS of $0.13, compared to $0.11 from the year-ago quarter. The stock has a 52-week-high of $58.45 and a 52-week-low of $16.28. At the end of the last trading period, Tenable Holdings closed at $45.53.

Canaccord Genuity initiated coverage on CrowdStrike Holdings Inc CRWD with a Buy rating. The price target for CrowdStrike Holdings is set to $280.00. For the third quarter, CrowdStrike Holdings had an EPS of $0.08, compared to year-ago quarter EPS of $0.07. At the moment, the stock has a 52-week-high of $245.42 and a 52-week-low of $31.95. CrowdStrike Holdings closed at $242.10 at the end of the last trading period.

Jefferies initiated coverage on MYT Netherlands Parent BV MYTE with a Buy rating. The price target for MYT Netherlands Parent is set to $37.00. At the moment, the stock has a 52-week-high of $36.25 and a 52-week-low of $29.55. MYT Netherlands Parent closed at $31.36 at the end of the last trading period.

Alliance Global Partners initiated coverage on Tanzanian Gold Corp TRX with a Buy rating. The price target for Tanzanian Gold is set to $1.50. The stock has a 52-week-high of $1.91 and a 52-week-low of $0.36. At the end of the last trading period, Tanzanian Gold closed at $0.89.

For CarLotz Inc LOTZ, William Blair initiated coverage, by setting the current rating at Outperform. The current stock performance of CarLotz shows a 52-week-high of $12.90 and a 52-week-low of $8.66. Moreover, at the end of the last trading period, the closing price was at $9.11.

Deutsche Bank initiated coverage on UWM Holdings Corp UWMC with a Buy rating. The price target for UWM Holdings is set to $12.00. In the fourth quarter, UWM Holdings earned $0.62. At the moment, the stock has a 52-week-high of $12.35 and a 52-week-low of $8.81. UWM Holdings closed at $9.02 at the end of the last trading period.

BTIG initiated coverage on Dream Finders Homes Inc DFH with a Neutral rating. At the moment, the stock has a 52-week-high of $31.98 and a 52-week-low of $17.55. Dream Finders Homes closed at $28.86 at the end of the last trading period.

With an Overweight rating, Morgan Stanley initiated coverage on MYT Netherlands Parent BV MYTE. The price target seems to have been set at $37.00 for MYT Netherlands Parent. The stock has a 52-week-high of $36.25 and a 52-week-low of $29.55. At the end of the last trading period, MYT Netherlands Parent closed at $31.36.

Morgan Stanley initiated coverage on Futu Holdings Ltd FUTU with an Overweight rating. The price target for Futu Holdings is set to $253.00. Futu Holdings earned $0.39 in the third quarter, compared to $0.02 in the year-ago quarter. The current stock performance of Futu Holdings shows a 52-week-high of $204.25 and a 52-week-low of $8.16. Moreover, at the end of the last trading period, the closing price was at $147.57.

Benchmark initiated coverage on Ideal Power Inc IPWR with a Speculative Buy rating. The price target for Ideal Power is set to $28.00. Ideal Power earned $1.28 in the third quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $24.95 and a 52-week-low of $1.08. At the end of the last trading period, Ideal Power closed at $21.49.

With a Speculative Buy rating, Benchmark initiated coverage on Scopus BioPharma Inc SCPS. The price target seems to have been set at $20.00 for Scopus BioPharma. The current stock performance of Scopus BioPharma shows a 52-week-high of $47.86 and a 52-week-low of $5.34. Moreover, at the end of the last trading period, the closing price was at $10.30.

Wells Fargo initiated coverage on Beam Therapeutics Inc BEAM with an Overweight rating. The price target for Beam Therapeutics is set to $145.00. Beam Therapeutics earned $0.69 in the third quarter, compared to $3.31 in the year-ago quarter. The stock has a 52-week-high of $126.90 and a 52-week-low of $13.00. At the end of the last trading period, Beam Therapeutics closed at $105.00.

With an Outperform rating, Credit Suisse initiated coverage on SOC Telemed Inc TLMD. The price target seems to have been set at $11.00 for SOC Telemed. SOC Telemed earned $0.14 in the third quarter, compared to $0.06 in the year-ago quarter. The current stock performance of SOC Telemed shows a 52-week-high of $9.00 and a 52-week-low of $6.75. Moreover, at the end of the last trading period, the closing price was at $7.97.

Roth Capital initiated coverage on CuriosityStream Inc CURI with a Buy rating. The price target for CuriosityStream is set to $23.00. Interestingly, in the third quarter, CuriosityStream's EPS was $0.56. The stock has a 52-week-high of $21.17 and a 52-week-low of $7.44. At the end of the last trading period, CuriosityStream closed at $18.69.

HC Wainwright & Co. initiated coverage on XpresSpa Group Inc XSPA with a Buy rating. The price target for XpresSpa Group is set to $3.50. XpresSpa Group earned $0.10 in the third quarter, compared to $1.68 in the year-ago quarter. The stock has a 52-week-high of $5.74 and a 52-week-low of $0.05. At the end of the last trading period, XpresSpa Group closed at $2.68.

SVB Leerink initiated coverage on Amryt Pharma PLC AMYT with an Outperform rating. The price target for Amryt Pharma is set to $40.00. Interestingly, in the third quarter, Amryt Pharma's EPS was $0.07. The stock has a 52-week-high of $15.44 and a 52-week-low of $10.06. At the end of the last trading period, Amryt Pharma closed at $14.20.

See all analyst ratings initiations.