Benzinga's Top Upgrades, Downgrades For November 2, 2020

Upgrades

• For Valmont Industries Inc VMI, William Blair upgraded the previous rating of Market Perform to the current rating Outperform. Valmont Industries earned $1.99 in the third quarter, compared to $2.09 in the year-ago quarter. The stock has a 52-week-high of 154.86 and a 52-week-low of 82.6. At the end of the last trading period, Valmont Industries closed at $142.11.
• According to Wedbush, the prior rating for Turtle Beach Corp HEAR was changed from Neutral to Outperform. For the second quarter, Turtle Beach had an EPS of $0.42, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of 20.95 and a 52-week-low of 4.05. At the end of the last trading period, Turtle Beach closed at $18.02.
• According to Raymond James, the prior rating for Mohawk Industries Inc MHK was changed from Outperform to Strong Buy. Mohawk Industries earned $3.26 in the third quarter, compared to $2.75 in the year-ago quarter. At the moment, the stock has a 52-week-high of 153.05 and a 52-week-low of 56.62. Mohawk Industries closed at $103.18 at the end of the last trading period.
• According to TD Securities, the prior rating for Mercer International Inc MERC was changed from Hold to Buy. In the third quarter, Mercer International showed an EPS of $0.11, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of 13.44 and a 52-week-low of 5.77. Mercer International closed at $6.29 at the end of the last trading period.
• For James River Group Holdings Ltd JRVR, Compass Point upgraded the previous rating of Neutral to the current rating Buy. For the third quarter, James River Gr Hldgs had an EPS of $0.56, compared to year-ago quarter EPS of $0.73. At the moment, the stock has a 52-week-high of 57.41 and a 52-week-low of 25.34. James River Gr Hldgs closed at $46.73 at the end of the last trading period.
• According to Northland Capital Markets, the prior rating for Intel Corp INTC was changed from Underperform to Market Perform. For the third quarter, Intel had an EPS of $1.11, compared to year-ago quarter EPS of $1.42. The current stock performance of Intel shows a 52-week-high of 69.29 and a 52-week-low of 43.61. Moreover, at the end of the last trading period, the closing price was at $44.28.
• According to B of A Securities, the prior rating for ConocoPhillips COP was changed from Neutral to Buy. For the third quarter, ConocoPhillips had an EPS of $0.31, compared to year-ago quarter EPS of $0.82. The current stock performance of ConocoPhillips shows a 52-week-high of 67.13 and a 52-week-low of 20.84. Moreover, at the end of the last trading period, the closing price was at $28.62.
• According to Morgan Stanley, the prior rating for Wynn Resorts Ltd WYNN was changed from Equal-Weight to Overweight. For the second quarter, Wynn Resorts had an EPS of $6.14, compared to year-ago quarter EPS of $1.44. At the moment, the stock has a 52-week-high of 153.41 and a 52-week-low of 35.84. Wynn Resorts closed at $72.43 at the end of the last trading period.
• According to Stifel, the prior rating for Under Armour Inc UAA was changed from Hold to Buy. Under Armour earned $0.26 in the third quarter. The current stock performance of Under Armour shows a 52-week-high of 21.96 and a 52-week-low of 7.15. Moreover, at the end of the last trading period, the closing price was at $13.85.
• According to Raymond James, the prior rating for Ruth's Hospitality Group Inc RUTH was changed from Outperform to Strong Buy. Ruth's Hospitality Group earned $0.04 in the third quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of 25.775 and a 52-week-low of 2.315. At the end of the last trading period, Ruth's Hospitality Group closed at $11.18.
• According to Evercore ISI Group, the prior rating for Omnicom Group Inc OMC was changed from Underperform to In-Line. In the third quarter, Omnicom Group showed an EPS of $1.21, compared to $1.32 from the year-ago quarter. The stock has a 52-week-high of 82.73 and a 52-week-low of 44.5. At the end of the last trading period, Omnicom Group closed at $47.21.
• For McKesson Corp MCK, Barclays upgraded the previous rating of Equal-Weight to the current rating Overweight. For the first quarter, McKesson had an EPS of $2.77, compared to year-ago quarter EPS of $3.31. The stock has a 52-week-high of 172.18 and a 52-week-low of 112.6. At the end of the last trading period, McKesson closed at $147.44.
• According to Morgan Stanley, the prior rating for Lamar Advertising Co LAMR was changed from Equal-Weight to Overweight. For the second quarter, Lamar Advertising had an EPS of $0.31, compared to year-ago quarter EPS of $1.18. The current stock performance of Lamar Advertising shows a 52-week-high of 96.82 and a 52-week-low of 30.89. Moreover, at the end of the last trading period, the closing price was at $61.96.
• Barclays upgraded the previous rating for Cardinal Health Inc CAH from Equal-Weight to Overweight. Cardinal Health earned $1.04 in the fourth quarter, compared to $1.11 in the year-ago quarter. The current stock performance of Cardinal Health shows a 52-week-high of 60.69 and a 52-week-low of 39.0508. Moreover, at the end of the last trading period, the closing price was at $45.80.
• For Arthur J. Gallagher & Co AJG, Piper Sandler upgraded the previous rating of Neutral to the current rating Overweight. For the third quarter, Arthur J. Gallagher had an EPS of $1.08, compared to year-ago quarter EPS of $0.80. The stock has a 52-week-high of 110.56 and a 52-week-low of 65.09. At the end of the last trading period, Arthur J. Gallagher closed at $103.72.
• Credit Suisse upgraded the previous rating for Archer-Daniels Midland Co ADM from Underperform to Neutral. For the third quarter, Archer-Daniels Midland had an EPS of $0.89, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of 52.05 and a 52-week-low of 28.92. At the end of the last trading period, Archer-Daniels Midland closed at $46.25.

Downgrades

• According to Benchmark, the prior rating for Aptiv PLC APTV was changed from Buy to Hold. In the third quarter, Aptiv showed an EPS of $1.13, compared to $1.27 from the year-ago quarter. The stock has a 52-week-high of 102.18 and a 52-week-low of 29.22. At the end of the last trading period, Aptiv closed at $96.49.
• According to Summit Insights Group, the prior rating for Proofpoint Inc PFPT was changed from Buy to Hold. In the third quarter, Proofpoint showed an EPS of $0.59, compared to $0.49 from the year-ago quarter. The current stock performance of Proofpoint shows a 52-week-high of 133.0 and a 52-week-low of 83.81. Moreover, at the end of the last trading period, the closing price was at $95.74.
• For Dunkin' Brands Group Inc DNKN, Baird downgraded the previous rating of Outperform to the current rating Neutral. In the third quarter, Dunkin Brands Group showed an EPS of $0.93, compared to $0.90 from the year-ago quarter. The current stock performance of Dunkin Brands Group shows a 52-week-high of 104.87 and a 52-week-low of 38.51. Moreover, at the end of the last trading period, the closing price was at $99.71.
• For Blueprint Medicines Corp BPMC, Jefferies downgraded the previous rating of Buy to the current rating Hold. Blueprint Medicines earned $11.16 in the third quarter, compared to $1.93 in the year-ago quarter. The stock has a 52-week-high of 108.505 and a 52-week-low of 43.29. At the end of the last trading period, Blueprint Medicines closed at $102.28.
• Baird downgraded the previous rating for Bright Horizons Family Solutions Inc BFAM from Outperform to Neutral. Bright Horizons Family earned $0.44 in the second quarter, compared to $0.99 in the year-ago quarter. At the moment, the stock has a 52-week-high of 176.98 and a 52-week-low of 64.23. Bright Horizons Family closed at $157.86 at the end of the last trading period.
• For Dunkin' Brands Group Inc DNKN, Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. Dunkin Brands Group earned $0.93 in the third quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of 104.87 and a 52-week-low of 38.51. At the end of the last trading period, Dunkin Brands Group closed at $99.71.
• According to Piper Sandler, the prior rating for Aon PLC AON was changed from Overweight to Neutral. The current stock performance of Aon shows a 52-week-high of 238.19 and a 52-week-low of 143.93. Moreover, at the end of the last trading period, the closing price was at $183.90.
• Piper Sandler downgraded the previous rating for Marsh & McLennan Companies Inc MMC from Overweight to Neutral. In the third quarter, Marsh & McLennan showed an EPS of $0.82, compared to $0.77 from the year-ago quarter. The stock has a 52-week-high of 120.97 and a 52-week-low of 74.335. At the end of the last trading period, Marsh & McLennan closed at $103.42.
• For Willis Towers Watson PLC WLTW, Piper Sandler downgraded the previous rating of Overweight to the current rating Neutral. Willis Towers Watson earned $1.33 in the third quarter, compared to $1.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of 220.97 and a 52-week-low of 143.34. Willis Towers Watson closed at $182.48 at the end of the last trading period.
• For Dunkin' Brands Group Inc DNKN, KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. In the third quarter, Dunkin Brands Group showed an EPS of $0.93, compared to $0.90 from the year-ago quarter. The current stock performance of Dunkin Brands Group shows a 52-week-high of 104.87 and a 52-week-low of 38.51. Moreover, at the end of the last trading period, the closing price was at $99.71.

Initiations

• With a current rating of Outperform, BMO Capital initiated coverage on FuboTV Inc FUBO. The price target seems to have been set at $18.00 for FuboTV. The stock has a 52-week-high of 22.0 and a 52-week-low of 8.12. At the end of the last trading period, FuboTV closed at $13.55.
• Cantor Fitzgerald initiated coverage on Aziyo Biologics Inc AZYO with an Overweight rating. The price target for Aziyo Biologics is set to $20.00. The current stock performance of Aziyo Biologics shows a 52-week-high of 12.5 and a 52-week-low of 10.64. Moreover, at the end of the last trading period, the closing price was at $10.98.
• Atlantic Equities initiated coverage on D.R. Horton Inc DHI with an Overweight rating. The price target for D.R. Horton is set to $90.00. In the third quarter, D.R. Horton showed an EPS of $1.72, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of 81.21 and a 52-week-low of 25.51. D.R. Horton closed at $66.81 at the end of the last trading period.
• Morgan Stanley initiated coverage on Clear Channel Outdoor Holdings Inc CCO with a Equal-Weight rating. The price target for Clear Channel Outdoor is set to $1.10. The current stock performance of Clear Channel Outdoor shows a 52-week-high of 3.1 and a 52-week-low of 0.3625. Moreover, at the end of the last trading period, the closing price was at $0.90.
• Piper Sandler initiated coverage on Aziyo Biologics Inc AZYO with an Overweight rating. The price target for Aziyo Biologics is set to $20.00. At the moment, the stock has a 52-week-high of 12.5 and a 52-week-low of 10.64. Aziyo Biologics closed at $10.98 at the end of the last trading period.
• Needham initiated coverage on FuboTV Inc FUBO with a Buy rating. The price target for FuboTV is set to $17.00. At the moment, the stock has a 52-week-high of 22.0 and a 52-week-low of 8.12. FuboTV closed at $13.55 at the end of the last trading period.