Benzinga's Top Upgrades, Downgrades For October 20, 2020

Upgrades

• According to BMO Capital, the prior rating for Dave & Buster's Entertainment Inc PLAY was changed from Market Perform to Outperform. In the second quarter, Dave & Buster's Enter showed an EPS of $1.24, compared to $0.90 from the year-ago quarter. At the moment, the stock has a 52-week-high of 48.8 and a 52-week-low of 4.605. Dave & Buster's Enter closed at $17.36 at the end of the last trading period.
• According to Goldman Sachs, the prior rating for OGE Energy Corp OGE was changed from Sell to Neutral. OGE Energy earned $0.51 in the second quarter, compared to $0.50 in the year-ago quarter. The current stock performance of OGE Energy shows a 52-week-high of 46.43 and a 52-week-low of 23.005. Moreover, at the end of the last trading period, the closing price was at $31.55.
• According to Vertical Research, the prior rating for Lennox International Inc LII was changed from Sell to Hold. Lennox International earned $3.53 in the third quarter, compared to $3.34 in the year-ago quarter. The stock has a 52-week-high of 297.0 and a 52-week-low of 163.395. At the end of the last trading period, Lennox International closed at $278.49.
• For Fortinet Inc FTNT, Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. Fortinet earned $0.82 in the second quarter, compared to $0.58 in the year-ago quarter. The current stock performance of Fortinet shows a 52-week-high of 151.95 and a 52-week-low of 70.2. Moreover, at the end of the last trading period, the closing price was at $128.82.
• Jefferies upgraded the previous rating for National Beverage Corp FIZZ from Underperform to Hold. For the first quarter, National Beverage had an EPS of $1.09, compared to year-ago quarter EPS of $0.74. The stock has a 52-week-high of 86.265 and a 52-week-low of 35.71. At the end of the last trading period, National Beverage closed at $84.48.
• RBC Capital upgraded the previous rating for Rayonier Advanced Materials Inc RYAM from Sector Perform to Outperform. For the second quarter, Rayonier Advanced had an EPS of $0.20, compared to year-ago quarter EPS of $0.35. At the moment, the stock has a 52-week-high of 4.87 and a 52-week-low of 0.9001. Rayonier Advanced closed at $4.09 at the end of the last trading period.
• JP Morgan upgraded the previous rating for Brunswick Corp BC from Neutral to Overweight. In the second quarter, Brunswick showed an EPS of $0.99, compared to $1.45 from the year-ago quarter. The current stock performance of Brunswick shows a 52-week-high of 73.99 and a 52-week-low of 25.22. Moreover, at the end of the last trading period, the closing price was at $62.65.
• According to Piper Sandler, the prior rating for Workday Inc WDAY was changed from Neutral to Overweight. Workday earned $0.84 in the second quarter, compared to $0.44 in the year-ago quarter. At the moment, the stock has a 52-week-high of 248.75 and a 52-week-low of 107.75. Workday closed at $227.64 at the end of the last trading period.

Downgrades

• MKM Partners downgraded the previous rating for Concho Resources Inc CXO from Buy to Neutral. Concho Resources earned $1.13 in the second quarter, compared to $0.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of 93.34 and a 52-week-low of 33.13. Concho Resources closed at $47.27 at the end of the last trading period.
• HC Wainwright & Co. downgraded the previous rating for BioSpecifics Technologies Corp BSTC from Buy to Neutral. BioSpecifics Technologies earned $0.11 in the second quarter, compared to $0.87 in the year-ago quarter. At the moment, the stock has a 52-week-high of 88.69 and a 52-week-low of 42.0. BioSpecifics Technologies closed at $88.69 at the end of the last trading period.
• Credit Suisse downgraded the previous rating for Front Yard Residential Corp RESI from Outperform to Neutral. For the second quarter, Front Yard Residential had an EPS of $0.07, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of 13.6899 and a 52-week-low of 6.01. At the end of the last trading period, Front Yard Residential closed at $13.36.
• According to Goldman Sachs, the prior rating for Consolidated Edison Inc ED was changed from Neutral to Sell. In the second quarter, Consolidated Edison showed an EPS of $0.60, compared to $0.58 from the year-ago quarter. The stock has a 52-week-high of 95.1 and a 52-week-low of 62.03. At the end of the last trading period, Consolidated Edison closed at $80.79.
• According to National Bank Financial, the prior rating for Boyd Gaming Corp BYD was changed from Outperform to Sector Perform. Boyd Gaming earned $0.98 in the second quarter, compared to $0.46 in the year-ago quarter. At the moment, the stock has a 52-week-high of 36.22 and a 52-week-low of 6.44. Boyd Gaming closed at $34.32 at the end of the last trading period.
• For WPX Energy Inc WPX, KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. For the second quarter, WPX Energy had an EPS of $0.12, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of 14.425 and a 52-week-low of 1.94. WPX Energy closed at $4.52 at the end of the last trading period.

Initiations

• SVB Leerink initiated coverage on Twist Bioscience Corp TWST with a Market Perform rating. The price target for Twist Bioscience is set to $90.00. For the third quarter, Twist Bioscience had an EPS of $0.67, compared to year-ago quarter EPS of $0.92. The current stock performance of Twist Bioscience shows a 52-week-high of 100.3 and a 52-week-low of 18.52. Moreover, at the end of the last trading period, the closing price was at $93.00.
• For Venus Concept Inc VERO, Ladenburg Thalmann initiated coverage, by setting the current rating at Buy. Interestingly, in the second quarter, Venus Concept's EPS was $0.39. The current stock performance of Venus Concept shows a 52-week-high of 9.0 and a 52-week-low of 2.02. Moreover, at the end of the last trading period, the closing price was at $2.59.
• With a current rating of Buy, B of A Securities initiated coverage on Prelude Therapeutics Inc PRLD. The price target seems to have been set at $40.00 for Prelude Therapeutics. The current stock performance of Prelude Therapeutics shows a 52-week-high of 50.19 and a 52-week-low of 23.6931. Moreover, at the end of the last trading period, the closing price was at $32.69.
• With a current rating of Buy, B of A Securities initiated coverage on PMV Pharmaceuticals Inc PMVP. The price target seems to have been set at $42.00 for PMV Pharmaceuticals. At the moment, the stock has a 52-week-high of 42.9316 and a 52-week-low of 31.5. PMV Pharmaceuticals closed at $37.46 at the end of the last trading period.
• B of A Securities initiated coverage on Omeros Corp OMER with a Buy rating. The price target for Omeros is set to $21.00. Omeros earned $0.61 in the second quarter, compared to $0.29 in the year-ago quarter. At the moment, the stock has a 52-week-high of 25.46 and a 52-week-low of 8.5. Omeros closed at $11.08 at the end of the last trading period.
• With a current rating of Outperform, Cowen & Co. initiated coverage on Chart Industries Inc GTLS. The price target seems to have been set at $92.00 for Chart Industries. In the second quarter, Chart Industries showed an EPS of $0.63, compared to $0.68 from the year-ago quarter. The current stock performance of Chart Industries shows a 52-week-high of 85.895 and a 52-week-low of 15.0. Moreover, at the end of the last trading period, the closing price was at $83.10.
• With a current rating of Outperform, SVB Leerink initiated coverage on Graybug Vision Inc GRAY. The price target seems to have been set at $35.00 for Graybug Vision. The stock has a 52-week-high of 20.74 and a 52-week-low of 12.5. At the end of the last trading period, Graybug Vision closed at $15.90.
• Wolfe Research initiated coverage on Verizon Communications Inc VZ with a Peer Perform rating. The price target for Verizon Communications is set to $62.00. Verizon Communications earned $1.18 in the second quarter, compared to $1.23 in the year-ago quarter. The current stock performance of Verizon Communications shows a 52-week-high of 62.22 and a 52-week-low of 48.84. Moreover, at the end of the last trading period, the closing price was at $57.31.
• Wolfe Research initiated coverage on AT&T Inc T with a Peer Perform rating. The price target for AT&T is set to $31.00. AT&T earned $0.83 in the second quarter, compared to $0.89 in the year-ago quarter. The current stock performance of AT&T shows a 52-week-high of 39.7 and a 52-week-low of 26.08. Moreover, at the end of the last trading period, the closing price was at $26.89.
• With a current rating of Outperform, Oppenheimer initiated coverage on Pinduoduo Inc PDD. The price target seems to have been set at $100.00 for Pinduoduo. In the second quarter, Pinduoduo showed an EPS of $0.01, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of 98.96 and a 52-week-low of 30.2. Pinduoduo closed at $84.15 at the end of the last trading period.
• With a current rating of Buy, Stifel initiated coverage on NuVasive Inc NUVA. The price target seems to have been set at $64.00 for NuVasive. NuVasive earned $0.40 in the second quarter, compared to $0.63 in the year-ago quarter. The stock has a 52-week-high of 81.91 and a 52-week-low of 28.55. At the end of the last trading period, NuVasive closed at $52.40.
• Piper Sandler initiated coverage on Graybug Vision Inc GRAY with an Overweight rating. The price target for Graybug Vision is set to $27.00. The stock has a 52-week-high of 20.74 and a 52-week-low of 12.5. At the end of the last trading period, Graybug Vision closed at $15.90.
• Stifel initiated coverage on Globus Medical Inc GMED with a Hold rating. The price target for Globus Medical is set to $56.00. Globus Medical earned $0.07 in the second quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of 60.15 and a 52-week-low of 33.41. At the end of the last trading period, Globus Medical closed at $54.79.
• Mizuho initiated coverage on bluebird bio Inc BLUE with a Buy rating. The price target for bluebird bio is set to $123.00. In the second quarter, bluebird bio showed an EPS of $0.36, compared to $3.55 from the year-ago quarter. The stock has a 52-week-high of 99.36 and a 52-week-low of 38.95. At the end of the last trading period, bluebird bio closed at $54.55.
• Stifel initiated coverage on Alphatec Holdings Inc ATEC with a Buy rating. The price target for Alphatec Holdings is set to $13.00. Alphatec Holdings earned $0.25 in the second quarter, compared to $0.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of 11.38 and a 52-week-low of 2.19. Alphatec Holdings closed at $9.88 at the end of the last trading period.
• With a current rating of Outperform, Baird initiated coverage on Amphenol Corp APH. The price target seems to have been set at $127.00 for Amphenol. Amphenol earned $0.81 in the second quarter, compared to $0.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of 116.1 and a 52-week-low of 63.05. Amphenol closed at $112.99 at the end of the last trading period.
• Compass Point initiated coverage on Mr. Cooper Group Inc COOP with a Buy rating. The price target for Mr. Cooper Group is set to $30.00. In the second quarter, Mr. Cooper Group showed an EPS of $0.77, compared to $0.63 from the year-ago quarter. The current stock performance of Mr. Cooper Group shows a 52-week-high of 24.705 and a 52-week-low of 4.31. Moreover, at the end of the last trading period, the closing price was at $23.73.
• With a current rating of Buy, Berenberg initiated coverage on VIA optronics AG VIAO. The price target seems to have been set at $22.00 for VIA optronics. At the moment, the stock has a 52-week-high of 12.4399 and a 52-week-low of 7.04. VIA optronics closed at $7.93 at the end of the last trading period.