Benzinga's Top Upgrades, Downgrades For February 12, 2020

Upgrades

• Northland changed the rating for Casa Systems Inc CASA from Market Perform to Outperform. For the third quarter, Casa Systems had an EPS of ($0.03), compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $12.46 and a 52-week-low of $3.09. Casa Systems's stock last closed at $3.89 per share.
• For Cardinal Health Inc CAH, Morgan Stanley upgraded the stock from Underweight to Equal-Weight. Cardinal Health earned $1.52 in the second quarter, compared to $1.29 in the year-ago quarter. The stock has a 52-week-high of $60.48 and a 52-week-low of $41.03. Cardinal Health's stock last closed at $59.36 per share.
• Stephens & Co. upgraded the stock for First Western Financial Inc MYFW from Equal-Weight to Overweight. First Western Financial earned $0.32 in the fourth quarter, compared to $0.22 in the year-ago quarter. The stock has a 52-week-high of $17.97 and a 52-week-low of $12.47. First Western Financial's stock last closed at $17.89 per share.
• Gordon Haskett upgraded the stock for Eaton Corp PLC ETN from Reduce to Hold. For the fourth quarter, Eaton had an EPS of $1.37, compared to year-ago quarter EPS of $1.46. The stock has a 52-week-high of $104.39 and a 52-week-low of $74.29. Eaton's stock last closed at $103.54 per share.
• For Wynn Resorts Ltd WYNN, B of A Securities upgraded the stock from Neutral to Buy. For the fourth quarter, Wynn Resorts had an EPS of ($0.62), compared to year-ago quarter EPS of ($0.95). The stock has a 52-week-high of $153.41 and a 52-week-low of $102.03. Wynn Resorts's stock last closed at $131.99 per share.
• For Las Vegas Sands Corp LVS, B of A Securities upgraded the stock from Neutral to Buy. Las Vegas Sands earned $0.88 in the fourth quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $74.29 and a 52-week-low of $51.16. Las Vegas Sands's stock last closed at $68.84 per share.
• UBS upgraded the stock for Micron Technology Inc MU from Neutral to Buy. For the first quarter, Micron Technology had an EPS of $0.48, compared to year-ago quarter EPS of $2.97. The stock has a 52-week-high of $60.56 and a 52-week-low of $32.14. Micron Technology's stock last closed at $57.25 per share.
• HSBC changed the rating for Royal Dutch Shell PLC (NYSE: RDS-A) from Hold to Buy. Royal Dutch Shell earned $0.74 in the fourth quarter, compared to $1.38 in the year-ago quarter.
• Morgan Stanley upgraded the stock for WisdomTree Investments Inc WETF from Equal-Weight to Overweight. WisdomTree Investments earned $0.06 in the fourth quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $8.04 and a 52-week-low of $3.66. WisdomTree Investments's stock last closed at $4.42 per share.
• Morgan Stanley changed the rating for Adient PLC ADNT from Underweight to Equal-Weight. In the first quarter, Adient earned $0.96. The stock has a 52-week-high of $28.28 and a 52-week-low of $12.14. Adient's stock last closed at $27.26 per share.
• Atlantic Equities upgraded the stock for MSCI Inc MSCI from Neutral to Overweight. In the fourth quarter, MSCI showed an EPS of $1.67, compared to $1.31 from the year-ago quarter. The stock has a 52-week-high of $304.57 and a 52-week-low of $169.21. MSCI's stock last closed at $303.28 per share.
• William Blair changed the rating for W.W. Grainger Inc GWW from Market Perform to Outperform. W.W. Grainger earned $3.88 in the fourth quarter, compared to $3.96 in the year-ago quarter. The stock has a 52-week-high of $346.60 and a 52-week-low of $255.09. W.W. Grainger's stock last closed at $300.87 per share.

Downgrades

• Morgan Stanley downgraded the stock for Abiomed Inc ABMD from Equal-Weight to Underweight. In the third quarter, Abiomed showed an EPS of $1.12, compared to $0.97 from the year-ago quarter. The stock has a 52-week-high of $364.31 and a 52-week-low of $155.02. Abiomed's stock last closed at $175.82 per share.
• For Qumu Corp QUMU, Dougherty downgraded the stock from Buy to Neutral. Qumu earned ($0.11) in the third quarter, compared to ($0.21) in the year-ago quarter. The stock has a 52-week-high of $4.78 and a 52-week-low of $2.10. Qumu's stock last closed at $2.16 per share.
• Susquehanna changed the rating for NMI Holdings Inc NMIH from Positive to Neutral. NMI Holdings earned $0.75 in the fourth quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $35.79 and a 52-week-low of $21.90. NMI Holdings's stock last closed at $35.57 per share.
• DA Davidson changed the rating for i3 Verticals Inc IIIV from Buy to Neutral. i3 Verticals earned $0.24 in the first quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $37.85 and a 52-week-low of $18.65. i3 Verticals's stock last closed at $35.21 per share.
• For NMI Holdings Inc NMIH, Compass Point downgraded the stock from Buy to Neutral. In the fourth quarter, NMI Holdings showed an EPS of $0.75, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $35.79 and a 52-week-low of $21.90. NMI Holdings's stock last closed at $35.57 per share.
• JP Morgan downgraded the stock for Goodyear Tire & Rubber Co GT from Overweight to Neutral. Goodyear Tire & Rubber earned $0.19 in the fourth quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $20.70 and a 52-week-low of $10.74. Goodyear Tire & Rubber's stock last closed at $11.56 per share.
• For Macerich Co MAC, Piper Sandler downgraded the stock from Neutral to Underweight. In the fourth quarter, Macerich showed an EPS of $0.98, compared to $1.09 from the year-ago quarter. The stock has a 52-week-high of $44.73 and a 52-week-low of $22.25. Macerich's stock last closed at $24.23 per share.
• Wells Fargo changed the rating for Teladoc Health Inc TDOC from Overweight to Equal-Weight. Teladoc Health earned ($0.28) in the third quarter, compared to ($0.34) in the year-ago quarter. The stock has a 52-week-high of $112.09 and a 52-week-low of $48.57. Teladoc Health's stock last closed at $110.48 per share.
• Baird downgraded the stock for Insperity Inc NSP from Outperform to Neutral. Insperity earned $0.57 in the fourth quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $144.92 and a 52-week-low of $67.06. Insperity's stock last closed at $89.09 per share.
• Societe Generale changed the rating for Criteo SA CRTO from Buy to Hold. For the fourth quarter, Criteo had an EPS of $1.08, compared to year-ago quarter EPS of $0.84. The stock has a 52-week-high of $30.85 and a 52-week-low of $13.66. Criteo's stock last closed at $14.02 per share.
• JP Morgan changed the rating for NMI Holdings Inc NMIH from Overweight to Neutral. In the fourth quarter, NMI Holdings showed an EPS of $0.75, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $35.79 and a 52-week-low of $21.90. NMI Holdings's stock last closed at $35.57 per share.

Initiations

• Aegis Capital initiated coverage on Indonesia Energy Corp Ltd INDO with a Buy rating. The price target for Indonesia Energy Corp is set at $10.00. The stock has a 52-week-high of $12.49 and a 52-week-low of $6.00. Indonesia Energy Corp's stock last closed at $6.85 per share.
• With a rating of Buy, Citigroup initiated coverage on Ardelyx Inc ARDX. The price target is set at $13.00 for Ardelyx. For the third quarter, Ardelyx had an EPS of ($0.37), compared to year-ago quarter EPS of ($0.39). The stock has a 52-week-high of $8.49 and a 52-week-low of $2.10. Ardelyx's stock last closed at $7.43 per share.