Benzinga's Top Ratings Upgrades, Downgrades For February 4, 2021

Upgrades

For PayPal Holdings Inc PYPL, Atlantic Equities upgraded the previous rating of Neutral to Overweight. PayPal Holdings earned $1.08 in the fourth quarter, compared to $0.86 in the year-ago quarter. The stock has a 52-week-high of $254.39 and a 52-week-low of $82.07. At the end of the last trading period, PayPal Holdings closed at $251.90.
According to Baird, the prior rating for Triumph Group Inc TGI was changed from Neutral to Outperform. Triumph Group earned $0.09 in the third quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $25.66 and a 52-week-low of $3.02. At the end of the last trading period, Triumph Group closed at $13.45.
B of A Securities upgraded the previous rating for FireEye Inc FEYE from Neutral to Buy. In the fourth quarter, FireEye showed an EPS of $0.12, compared to $0.07 from the year-ago quarter. The current stock performance of FireEye shows a 52-week-high of $25.53 and a 52-week-low of $7.54. Moreover, at the end of the last trading period, the closing price was at $20.07.
Piper Sandler upgraded the previous rating for Santander Consumer USA Holdings Inc SC from Neutral to Overweight. In the fourth quarter, Santander Consumer USA showed an EPS of $1.70, compared to $0.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $27.20 and a 52-week-low of $9.74. Santander Consumer USA closed at $24.14 at the end of the last trading period.
According to Raymond James, the prior rating for Public Storage PSA was changed from Underperform to Market Perform. For the third quarter, Public Storage had an EPS of $2.63, compared to year-ago quarter EPS of $2.73. The stock has a 52-week-high of $240.75 and a 52-week-low of $155.37. At the end of the last trading period, Public Storage closed at $231.29.
According to DZ Bank, the prior rating for Pfizer Inc PFE was changed from Hold to Buy. Pfizer earned $0.42 in the fourth quarter, compared to $0.55 in the year-ago quarter. At the moment, the stock has a 52-week-high of $43.08 and a 52-week-low of $27.88. Pfizer closed at $34.85 at the end of the last trading period.
B of A Securities upgraded the previous rating for Best Buy Co Inc BBY from Neutral to Buy. Best Buy Co earned $2.06 in the third quarter, compared to $1.13 in the year-ago quarter. The current stock performance of Best Buy Co shows a 52-week-high of $124.89 and a 52-week-low of $48.10. Moreover, at the end of the last trading period, the closing price was at $110.25.
According to Raymond James, the prior rating for Extra Space Storage Inc EXR was changed from Market Perform to Outperform. Extra Space Storage earned $1.31 in the third quarter, compared to $1.24 in the year-ago quarter. The stock has a 52-week-high of $121.07 and a 52-week-low of $72.70. At the end of the last trading period, Extra Space Storage closed at $116.08.
According to Morgan Stanley, the prior rating for CDW Corp CDW was changed from Equal-Weight to Overweight. For the third quarter, CDW had an EPS of $1.83, compared to year-ago quarter EPS of $1.70. At the moment, the stock has a 52-week-high of $146.95 and a 52-week-low of $73.39. CDW closed at $140.99 at the end of the last trading period.
For Amcor PLC AMCR, BMO Capital upgraded the previous rating of Market Perform to Outperform. In the second quarter, Amcor showed an EPS of $0.18, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.40 and a 52-week-low of $5.80. Amcor closed at $11.01 at the end of the last trading period.
Deutsche Bank upgraded the previous rating for Allegiant Travel Co ALGT from Hold to Buy. In the fourth quarter, Allegiant Travel showed an EPS of $1.12, compared to $3.72 from the year-ago quarter. The stock has a 52-week-high of $197.12 and a 52-week-low of $60.06. At the end of the last trading period, Allegiant Travel closed at $193.36.
According to JP Morgan, the prior rating for Match Group Inc MTCH was changed from Neutral to Overweight. Match Group earned $0.48 in the fourth quarter, compared to $0.45 in the year-ago quarter. The current stock performance of Match Group shows a 52-week-high of $159.85 and a 52-week-low of $44.74. Moreover, at the end of the last trading period, the closing price was at $138.12.

See all analyst ratings upgrades.

Downgrades

Deutsche Bank downgraded the previous rating for ViacomCBS Inc VIAC from Hold to Sell. ViacomCBS earned $0.91 in the third quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $60.73 and a 52-week-low of $10.10. At the end of the last trading period, ViacomCBS closed at $52.06.
According to B of A Securities, the prior rating for Sleep Number Corp SNBR was changed from Neutral to Underperform. For the third quarter, Sleep Number had an EPS of $1.79, compared to year-ago quarter EPS of $0.94. The current stock performance of Sleep Number shows a 52-week-high of $116.50 and a 52-week-low of $15.27. Moreover, at the end of the last trading period, the closing price was at $106.78.
According to Citigroup, the prior rating for Qualcomm Inc QCOM was changed from Buy to Neutral. In the first quarter, Qualcomm showed an EPS of $2.17, compared to $0.99 from the year-ago quarter. The current stock performance of Qualcomm shows a 52-week-high of $167.94 and a 52-week-low of $58.00. Moreover, at the end of the last trading period, the closing price was at $162.30.
DA Davidson downgraded the previous rating for KBR Inc KBR from Buy to Neutral. In the third quarter, KBR showed an EPS of $0.44, compared to $0.45 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.27 and a 52-week-low of $12.00. KBR closed at $30.39 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Xerox Holdings Corp XRX was changed from Equal-Weight to Underweight. In the fourth quarter, Xerox Holdings showed an EPS of $0.58, compared to $1.33 from the year-ago quarter. At the moment, the stock has a 52-week-high of $38.69 and a 52-week-low of $14.22. Xerox Holdings closed at $23.57 at the end of the last trading period.
Morgan Stanley downgraded the previous rating for SunPower Corp SPWR from Equal-Weight to Underweight. For the third quarter, SunPower had an EPS of $0.04, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $57.52 and a 52-week-low of $4.03. At the end of the last trading period, SunPower closed at $44.79.
For GW Pharmaceuticals PLC GWPH, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, GW Pharmaceuticals had an EPS of $0.03, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $217.50 and a 52-week-low of $67.98. GW Pharmaceuticals closed at $211.37 at the end of the last trading period.
Atlantic Equities downgraded the previous rating for Electronic Arts Inc EA from Overweight to Neutral. For the third quarter, Electronic Arts had an EPS of $3.06, compared to year-ago quarter EPS of $2.52. At the moment, the stock has a 52-week-high of $150.30 and a 52-week-low of $85.69. Electronic Arts closed at $140.82 at the end of the last trading period.
Raymond James downgraded the previous rating for CubeSmart CUBE from Market Perform to Underperform. In the third quarter, CubeSmart showed an EPS of $0.44, compared to $0.44 from the year-ago quarter. The stock has a 52-week-high of $35.79 and a 52-week-low of $19.61. At the end of the last trading period, CubeSmart closed at $35.64.
According to HC Wainwright & Co., the prior rating for GW Pharmaceuticals PLC GWPH was changed from Buy to Neutral. GW Pharmaceuticals earned $0.03 in the third quarter, compared to $0.06 in the year-ago quarter. The current stock performance of GW Pharmaceuticals shows a 52-week-high of $217.50 and a 52-week-low of $67.98. Moreover, at the end of the last trading period, the closing price was at $211.37.
KeyBanc downgraded the previous rating for Murphy Oil Corp MUR from Overweight to Sector Weight. Murphy Oil earned $0.09 in the fourth quarter, compared to $0.16 in the year-ago quarter. At the moment, the stock has a 52-week-high of $22.98 and a 52-week-low of $4.50. Murphy Oil closed at $13.13 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Guggenheim initiated coverage on Passage Bio Inc PASG. The price target seems to have been set at $25.00 for Passage Bio. Interestingly, in the third quarter, Passage Bio's EPS was $0.63. At the moment, the stock has a 52-week-high of $38.23 and a 52-week-low of $8.09. Passage Bio closed at $20.60 at the end of the last trading period.
Raymond James initiated coverage on Vulcan Materials Co VMC with a Market Perform rating. For the third quarter, Vulcan Materials had an EPS of $1.56, compared to year-ago quarter EPS of $1.68. The stock has a 52-week-high of $168.24 and a 52-week-low of $65.56. At the end of the last trading period, Vulcan Materials closed at $152.35.
For Martin Marietta Materials Inc MLM, Raymond James initiated coverage, by setting the current rating at Market Perform. For the third quarter, Martin Marietta Materials had an EPS of $0.04, compared to year-ago quarter EPS of $0.02. At the moment, the stock has a 52-week-high of $319.01 and a 52-week-low of $135.08. Martin Marietta Materials closed at $294.94 at the end of the last trading period.
With a Buy rating, B. Riley FBR initiated coverage on Atlas Corp ATCO. The price target seems to have been set at $16.50 for Atlas. In the third quarter, Atlas earned $0.27. At the moment, the stock has a 52-week-high of $12.10 and a 52-week-low of $5.39. Atlas closed at $11.82 at the end of the last trading period.