Benzinga's Top Upgrades, Downgrades For December 21, 2020

Upgrades

According to Truist Securities, the prior rating for Fox Factory Holding Corp FOXF was changed from Hold to Buy. In the third quarter, Fox Factory Hldg showed an EPS of $1.07, compared to $0.83 from the year-ago quarter. The current stock performance of Fox Factory Hldg shows a 52-week-high of $113.41 and a 52-week-low of $34.58. Moreover, at the end of the last trading period, the closing price was at $102.14.
Northcoast Research upgraded the previous rating for ManpowerGroup Inc MAN from Neutral to Buy. For the third quarter, ManpowerGroup had an EPS of $1.20, compared to year-ago quarter EPS of $1.92. At the moment, the stock has a 52-week-high of $100.99 and a 52-week-low of $49.57. ManpowerGroup closed at $90.35 at the end of the last trading period.
According to RBC Capital, the prior rating for Walmart Inc WMT was changed from Sector Perform to Outperform. In the third quarter, Walmart showed an EPS of $1.34, compared to $1.16 from the year-ago quarter. The current stock performance of Walmart shows a 52-week-high of $153.66 and a 52-week-low of $102.00. Moreover, at the end of the last trading period, the closing price was at $145.59.
JP Morgan upgraded the previous rating for Westlake Chemical Corp WLK from Neutral to Overweight. For the third quarter, Westlake Chemical had an EPS of $0.64, compared to year-ago quarter EPS of $1.25. At the moment, the stock has a 52-week-high of $84.90 and a 52-week-low of $28.99. Westlake Chemical closed at $81.69 at the end of the last trading period.
For Terex Corp TEX, Barclays upgraded the previous rating of Underweight to Equal-Weight. For the third quarter, Terex had an EPS of $0.31, compared to year-ago quarter EPS of $0.82. At the moment, the stock has a 52-week-high of $36.92 and a 52-week-low of $11.54. Terex closed at $35.37 at the end of the last trading period.
For RE/MAX Holdings Inc RMAX, JP Morgan upgraded the previous rating of Underweight to Neutral. For the third quarter, RE/MAX Hldgs had an EPS of $0.64, compared to year-ago quarter EPS of $0.61. The stock has a 52-week-high of $40.78 and a 52-week-low of $14.40. At the end of the last trading period, RE/MAX Hldgs closed at $37.76.
For Microsoft Corp MSFT, Citigroup upgraded the previous rating of Neutral to Buy. In the first quarter, Microsoft showed an EPS of $1.82, compared to $1.38 from the year-ago quarter. The stock has a 52-week-high of $232.86 and a 52-week-low of $132.52. At the end of the last trading period, Microsoft closed at $218.59.
According to JP Morgan, the prior rating for Extra Space Storage Inc EXR was changed from Neutral to Overweight. Extra Space Storage earned $1.31 in the third quarter, compared to $1.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $121.07 and a 52-week-low of $72.70. Extra Space Storage closed at $112.56 at the end of the last trading period.

Downgrades

For SolarWinds Corp SWI, Truist Securities downgraded the previous rating of Buy to Hold. For the third quarter, SolarWinds had an EPS of $0.28, compared to year-ago quarter EPS of $0.21. The stock has a 52-week-high of $24.34 and a 52-week-low of $11.50. At the end of the last trading period, SolarWinds closed at $14.16.
For FireEye Inc FEYE, Truist Securities downgraded the previous rating of Buy to Hold. In the third quarter, FireEye 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 $19.89 and a 52-week-low of $7.54. FireEye closed at $19.23 at the end of the last trading period.
For Callaway Golf Co ELY, Compass Point downgraded the previous rating of Buy to Neutral. In the third quarter, Callaway Golf showed an EPS of $0.60, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.84 and a 52-week-low of $4.75. Callaway Golf closed at $24.75 at the end of the last trading period.
According to Baird, the prior rating for SolarWinds Corp SWI was changed from Outperform to Neutral. SolarWinds earned $0.28 in the third quarter, compared to $0.21 in the year-ago quarter. The current stock performance of SolarWinds shows a 52-week-high of $24.34 and a 52-week-low of $11.50. Moreover, at the end of the last trading period, the closing price was at $14.16.
For Stag Industrial Inc STAG, JP Morgan downgraded the previous rating of Overweight to Neutral. For the third quarter, Stag Industrial had an EPS of $0.15, compared to year-ago quarter EPS of $0.46. The current stock performance of Stag Industrial shows a 52-week-high of $34.50 and a 52-week-low of $17.54. Moreover, at the end of the last trading period, the closing price was at $30.39.
According to JP Morgan, the prior rating for Macerich Co MAC was changed from Neutral to Underweight. For the third quarter, Macerich had an EPS of $0.52, compared to year-ago quarter EPS of $0.88. The stock has a 52-week-high of $27.65 and a 52-week-low of $4.81. At the end of the last trading period, Macerich closed at $10.56.
According to Jefferies, the prior rating for Intercept Pharmaceuticals Inc ICPT was changed from Buy to Hold. Intercept Pharmaceuticals earned $1.61 in the third quarter, compared to $2.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $125.00 and a 52-week-low of $27.02. Intercept Pharmaceuticals closed at $28.33 at the end of the last trading period.
Jefferies downgraded the previous rating for Epizyme Inc EPZM from Buy to Hold. In the third quarter, Epizyme showed an EPS of $0.55, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $27.82 and a 52-week-low of $9.90. Epizyme closed at $12.39 at the end of the last trading period.
According to JP Morgan, the prior rating for Boston Properties Inc BXP was changed from Neutral to Underweight. Boston Properties earned $1.57 in the third quarter, compared to $1.64 in the year-ago quarter. The stock has a 52-week-high of $147.83 and a 52-week-low of $69.69. At the end of the last trading period, Boston Properties closed at $96.10.
Baird downgraded the previous rating for Arrowhead Pharmaceuticals Inc ARWR from Outperform to Neutral. Arrowhead Pharmaceuticals earned $0.48 in the fourth quarter, compared to $0.11 in the year-ago quarter. The current stock performance of Arrowhead Pharmaceuticals shows a 52-week-high of $82.06 and a 52-week-low of $19.51. Moreover, at the end of the last trading period, the closing price was at $80.16.
Canaccord Genuity downgraded the previous rating for Digital Turbine Inc APPS from Buy to Hold. Digital Turbine earned $0.15 in the second quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.78 and a 52-week-low of $3.48. Digital Turbine closed at $57.44 at the end of the last trading period.

Initiations

Roth Capital initiated coverage on Alico Inc ALCO with a Buy rating. The price target for Alico is set to $40.00. For the fourth quarter, Alico had an EPS of $0.42, compared to year-ago quarter EPS of $0.41. The current stock performance of Alico shows a 52-week-high of $38.25 and a 52-week-low of $22.55. Moreover, at the end of the last trading period, the closing price was at $31.22.
Alliance Global Partners initiated coverage on The Peck Co Holdings Inc PECK with a Buy rating. In the third quarter, Peck Holdings showed an EPS of $0.10, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $14.42 and a 52-week-low of $1.49. At the end of the last trading period, Peck Holdings closed at $6.25.
With a Neutral rating, Goldman Sachs initiated coverage on Lithia Motors Inc LAD. The price target seems to have been set at $312.00 for Lithia Motors. For the third quarter, Lithia Motors had an EPS of $6.89, compared to year-ago quarter EPS of $3.39. The current stock performance of Lithia Motors shows a 52-week-high of $310.57 and a 52-week-low of $55.74. Moreover, at the end of the last trading period, the closing price was at $284.40.
Credit Suisse initiated coverage on Forterra Inc FRTA with a Neutral rating. The price target for Forterra is set to $22.00. Forterra earned $0.42 in the third quarter, compared to $0.34 in the year-ago quarter. The current stock performance of Forterra shows a 52-week-high of $19.65 and a 52-week-low of $3.45. Moreover, at the end of the last trading period, the closing price was at $17.94.
With a Buy rating, HC Wainwright & Co. initiated coverage on Alpine Immune Sciences Inc ALPN. The price target seems to have been set at $21.00 for Alpine Immune Sciences. In the third quarter, Alpine Immune Sciences showed an EPS of $0.28, compared to $0.62 from the year-ago quarter. The current stock performance of Alpine Immune Sciences shows a 52-week-high of $15.00 and a 52-week-low of $2.05. Moreover, at the end of the last trading period, the closing price was at $14.57.
SVB Leerink initiated coverage on Allakos Inc ALLK with an Outperform rating. The price target for Allakos is set to $150.00. Allakos earned $0.86 in the third quarter, compared to $0.47 in the year-ago quarter. The stock has a 52-week-high of $132.57 and a 52-week-low of $41.60. At the end of the last trading period, Allakos closed at $130.57.
Goldman Sachs initiated coverage on Ozon Holdings PLC OZON with a Buy rating. The price target for Ozon Holdings is set to $53.00. At the moment, the stock has a 52-week-high of $51.04 and a 52-week-low of $0.00. Ozon Holdings closed at $45.00 at the end of the last trading period.
Stifel initiated coverage on Veritone Inc VERI with a Hold rating. The price target for Veritone is set to $25.00. Veritone earned $0.15 in the third quarter, compared to $0.43 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.79 and a 52-week-low of $1.22. Veritone closed at $25.50 at the end of the last trading period.
With a Sector Perform rating, RBC Capital initiated coverage on SLM Corp SLM. The price target seems to have been set at $14.00 for SLM. For the third quarter, SLM had an EPS of $0.47, compared to year-ago quarter EPS of $0.29. The stock has a 52-week-high of $12.54 and a 52-week-low of $5.60. At the end of the last trading period, SLM closed at $12.40.
With a Equal-Weight rating, Morgan Stanley initiated coverage on MarketAxess Holdings Inc MKTX. The price target seems to have been set at $608.00 for MarketAxess Holdings. In the third quarter, MarketAxess Holdings showed an EPS of $1.78, compared to $1.42 from the year-ago quarter. The stock has a 52-week-high of $606.45 and a 52-week-low of $275.50. At the end of the last trading period, MarketAxess Holdings closed at $578.88.
With an Overweight rating, Piper Sandler initiated coverage on Liminal Biosciences Inc LMNL. The price target seems to have been set at $22.00 for Liminal Biosciences. Interestingly, in the third quarter, Liminal Biosciences's EPS was $0.74. The current stock performance of Liminal Biosciences shows a 52-week-high of $31.45 and a 52-week-low of $3.51. Moreover, at the end of the last trading period, the closing price was at $4.09.
Piper Sandler initiated coverage on i3 Verticals Inc IIIV with an Overweight rating. The price target for i3 Verticals is set to $37.00. In the fourth quarter, i3 Verticals showed an EPS of $0.20, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.85 and a 52-week-low of $13.01. i3 Verticals closed at $32.53 at the end of the last trading period.
Goldman Sachs initiated coverage on Fiverr International Ltd FVRR with a Buy rating. The price target for Fiverr International is set to $253.00. For the third quarter, Fiverr International had an EPS of $0.12, compared to year-ago quarter EPS of $0.12. The current stock performance of Fiverr International shows a 52-week-high of $213.50 and a 52-week-low of $20.42. Moreover, at the end of the last trading period, the closing price was at $209.59.
With an Overweight rating, Piper Sandler initiated coverage on Shift4 Payments Inc FOUR. The price target seems to have been set at $81.00 for Shift4 Payments. Interestingly, in the third quarter, Shift4 Payments's EPS was $0.09. The current stock performance of Shift4 Payments shows a 52-week-high of $70.88 and a 52-week-low of $30.00. Moreover, at the end of the last trading period, the closing price was at $70.71.
With an Outperform rating, RBC Capital initiated coverage on Ally Financial Inc ALLY. The price target seems to have been set at $41.00 for Ally Financial. Ally Financial earned $1.25 in the third quarter, compared to $1.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.80 and a 52-week-low of $10.22. Ally Financial closed at $33.56 at the end of the last trading period.