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.