Benzinga's Top Upgrades, Downgrades For December 14, 2020

Upgrades

• Morgan Stanley upgraded the previous rating for Sensata Technologies Holding PLC ST from Equal-Weight to Overweight. Sensata Technologies earned $0.66 in the third quarter, compared to $0.90 in the year-ago quarter. The current stock performance of Sensata Technologies shows a 52-week-high of 54.37 and a 52-week-low of 18.25. Moreover, at the end of the last trading period, the closing price was at $49.12.
• Morgan Stanley upgraded the previous rating for Lazard Ltd LAZ from Underweight to Equal-Weight. Lazard earned $0.67 in the third quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of 44.95 and a 52-week-low of 20.94. Lazard closed at $40.74 at the end of the last trading period.
• For American Electric Power Co Inc AEP, Mizuho upgraded the previous rating of Neutral to the current rating Buy. For the third quarter, American Electric Power had an EPS of $1.47, compared to year-ago quarter EPS of $1.46. The current stock performance of American Electric Power shows a 52-week-high of 104.97 and a 52-week-low of 65.135. Moreover, at the end of the last trading period, the closing price was at $82.76.
• DA Davidson upgraded the previous rating for Tecnoglass Inc TGLS from Neutral to Buy. Tecnoglass earned $0.28 in the third quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Tecnoglass shows a 52-week-high of 8.37 and a 52-week-low of 2.15. Moreover, at the end of the last trading period, the closing price was at $6.17.
• According to Stifel, the prior rating for Duluth Holdings Inc DLTH was changed from Hold to Buy. For the third quarter, Duluth Holdings had an EPS of $0.03, compared to year-ago quarter EPS of $0.01. The current stock performance of Duluth Holdings shows a 52-week-high of 17.295 and a 52-week-low of 2.815. Moreover, at the end of the last trading period, the closing price was at $10.79.
• According to JP Morgan, the prior rating for HCA Healthcare Inc HCA was changed from Neutral to Overweight. In the third quarter, HCA Healthcare showed an EPS of $1.92, compared to $2.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of 164.22 and a 52-week-low of 58.38. HCA Healthcare closed at $157.61 at the end of the last trading period.
• For Clorox Co CLX, Citigroup upgraded the previous rating of Neutral to the current rating Buy. 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 $201.63 at the end of the last trading period.
• For U.S. Bancorp USB, JP Morgan upgraded the previous rating of Underweight to the current rating Neutral. In the third quarter, U.S. Bancorp showed an EPS of $0.99, compared to $1.15 from the year-ago quarter. The current stock performance of U.S. Bancorp shows a 52-week-high of 61.11 and a 52-week-low of 28.36. Moreover, at the end of the last trading period, the closing price was at $45.83.
• KeyBanc upgraded the previous rating for Welltower Inc WELL from Sector Weight to Overweight. For the third quarter, Welltower had an EPS of $0.84, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of 89.99 and a 52-week-low of 24.27. Welltower closed at $64.25 at the end of the last trading period.
• According to KeyBanc, the prior rating for Inogen Inc INGN was changed from Sector Weight to Overweight. Inogen earned $0.08 in the third quarter, compared to $0.31 in the year-ago quarter. The stock has a 52-week-high of 73.23 and a 52-week-low of 26.57. At the end of the last trading period, Inogen closed at $38.46.

Downgrades

• Morgan Stanley downgraded the previous rating for RPM International Inc RPM from Overweight to Equal-Weight. In the first quarter, RPM International showed an EPS of $1.44, compared to $0.95 from the year-ago quarter. At the moment, the stock has a 52-week-high of 98.35 and a 52-week-low of 42.85. RPM International closed at $86.50 at the end of the last trading period.
• According to Morgan Stanley, the prior rating for Avient Corp AVNT was changed from Overweight to Equal-Weight. For the third quarter, Avient had an EPS of $0.46, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of 39.68 and a 52-week-low of 23.22. Avient closed at $38.76 at the end of the last trading period.
• DA Davidson downgraded the previous rating for DoorDash Inc DASH from Buy to Neutral. At the moment, the stock has a 52-week-high of 195.5 and a 52-week-low of 163.8. DoorDash closed at $174.84 at the end of the last trading period.
• For Alexion Pharmaceuticals Inc ALXN, Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. For the third quarter, Alexion Pharmaceuticals had an EPS of $3.24, compared to year-ago quarter EPS of $2.79. The stock has a 52-week-high of 128.57 and a 52-week-low of 72.67. At the end of the last trading period, Alexion Pharmaceuticals closed at $120.98.
• For Zagg Inc ZAGG, DA Davidson downgraded the previous rating of Buy to the current rating Neutral. In the third quarter, Zagg showed an EPS of $0.21, compared to $0.42 from the year-ago quarter. The current stock performance of Zagg shows a 52-week-high of 9.01 and a 52-week-low of 2.06. Moreover, at the end of the last trading period, the closing price was at $4.23.
• BMO Capital downgraded the previous rating for The Walt Disney Co DIS from Outperform to Market Perform. Walt Disney earned $0.20 in the fourth quarter, compared to $1.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of 179.45 and a 52-week-low of 79.07. Walt Disney closed at $175.67 at the end of the last trading period.
• For Hanesbrands Inc HBI, Stifel downgraded the previous rating of Buy to the current rating Hold. In the third quarter, Hanesbrands showed an EPS of $0.42, compared to $0.54 from the year-ago quarter. The current stock performance of Hanesbrands shows a 52-week-high of 17.735 and a 52-week-low of 6.96. Moreover, at the end of the last trading period, the closing price was at $13.96.
• According to BMO Capital, the prior rating for Alexion Pharmaceuticals Inc ALXN was changed from Outperform to Market Perform. Alexion Pharmaceuticals earned $3.24 in the third quarter, compared to $2.79 in the year-ago quarter. The current stock performance of Alexion Pharmaceuticals shows a 52-week-high of 128.57 and a 52-week-low of 72.67. Moreover, at the end of the last trading period, the closing price was at $120.98.
• For The Michaels Companies Inc MIK, JP Morgan downgraded the previous rating of Overweight to the current rating Neutral. For the third quarter, Michaels Companies had an EPS of $0.86, compared to year-ago quarter EPS of $0.40. The current stock performance of Michaels Companies shows a 52-week-high of 13.3501 and a 52-week-low of 1.0. Moreover, at the end of the last trading period, the closing price was at $12.67.
• According to JP Morgan, the prior rating for BJ's Wholesale Club Holdings Inc BJ was changed from Overweight to Neutral. In the third quarter, BJ's Wholesale Club showed an EPS of $0.92, compared to $0.41 from the year-ago quarter. The current stock performance of BJ's Wholesale Club shows a 52-week-high of 47.46 and a 52-week-low of 18.84. Moreover, at the end of the last trading period, the closing price was at $37.53.
• Needham downgraded the previous rating for Pluralsight Inc PS from Buy to Hold. For the third quarter, Pluralsight had an EPS of $0.00, compared to year-ago quarter EPS of $0.08. The current stock performance of Pluralsight shows a 52-week-high of 22.69 and a 52-week-low of 6.59. Moreover, at the end of the last trading period, the closing price was at $18.98.
• For Xenia Hotels & Resorts Inc XHR, KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. Xenia Hotels & Resorts earned $0.27 in the third quarter, compared to $0.47 in the year-ago quarter. The current stock performance of Xenia Hotels & Resorts shows a 52-week-high of 22.04 and a 52-week-low of 6.145. Moreover, at the end of the last trading period, the closing price was at $15.12.

Initiations

• Jefferies initiated coverage on Novavax Inc NVAX with a Buy rating. The price target for Novavax is set to $200.00. For the third quarter, Novavax had an EPS of $3.21, compared to year-ago quarter EPS of $0.74. The stock has a 52-week-high of 189.4 and a 52-week-low of 3.6518. At the end of the last trading period, Novavax closed at $124.88.
• Stifel initiated coverage on NeoGames SA NGMS with a Buy rating. The price target for NeoGames is set to $27.00. At the moment, the stock has a 52-week-high of 24.27 and a 52-week-low of 18.67. NeoGames closed at $20.20 at the end of the last trading period.
• With a current rating of Outperform, Wedbush initiated coverage on Telos Corp TLS. The price target seems to have been set at $30.00 for Telos. The stock has a 52-week-high of 24.83 and a 52-week-low of 18.08. At the end of the last trading period, Telos closed at $20.19.
• HC Wainwright & Co. initiated coverage on Summit Wireless Technologies Inc WISA with a Buy rating. The price target for Summit Wireless is set to $3.50. Summit Wireless earned $0.39 in the third quarter, compared to $0.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of 7.37 and a 52-week-low of 0.1764. Summit Wireless closed at $2.61 at the end of the last trading period.
• With a current rating of Overweight, KeyBanc initiated coverage on PQ Group Holdings Inc PQG. The price target seems to have been set at $19.00 for PQ Group Holdings. For the third quarter, PQ Group Holdings had an EPS of $0.20, compared to year-ago quarter EPS of $0.36. The current stock performance of PQ Group Holdings shows a 52-week-high of 17.26 and a 52-week-low of 8.5. Moreover, at the end of the last trading period, the closing price was at $13.77.