Benzinga's Top Ratings Upgrades, Downgrades For February 5, 2021

Upgrades

For Sanmina Corp SANM, Argus Research upgraded the previous rating of Hold to Buy. Sanmina earned $1.02 in the first quarter, compared to $0.79 in the year-ago quarter. The current stock performance of Sanmina shows a 52-week-high of $35.61 and a 52-week-low of $18.34. Moreover, at the end of the last trading period, the closing price was at $34.04.
Maxim Group upgraded the previous rating for Brainstorm Cell Therapeutics Inc BCLI from Hold to Buy. In the fourth quarter, Brainstorm Cell showed an EPS of $0.36, compared to $0.34 from the year-ago quarter. The current stock performance of Brainstorm Cell shows a 52-week-high of $17.95 and a 52-week-low of $3.80. Moreover, at the end of the last trading period, the closing price was at $7.88.
For International Paper Co IP, Seaport Global upgraded the previous rating of Neutral to Buy. International Paper earned $0.75 in the fourth quarter, compared to $1.09 in the year-ago quarter. The current stock performance of International Paper shows a 52-week-high of $53.39 and a 52-week-low of $26.38. Moreover, at the end of the last trading period, the closing price was at $46.72.
According to Needham, the prior rating for Adtran Inc ADTN was changed from Hold to Buy. In the fourth quarter, Adtran showed an EPS of $0.11, compared to $0.07 from the year-ago quarter. The current stock performance of Adtran shows a 52-week-high of $18.45 and a 52-week-low of $4.80. Moreover, at the end of the last trading period, the closing price was at $16.09.
For Viasat Inc VSAT, William Blair upgraded the previous rating of Market Perform to Outperform. In the third quarter, Viasat showed an EPS of $0.39, compared to $0.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $68.40 and a 52-week-low of $25.10. Viasat closed at $49.00 at the end of the last trading period.
Oppenheimer upgraded the previous rating for Synaptics Inc SYNA from Perform to Outperform. For the second quarter, Synaptics had an EPS of $2.30, compared to year-ago quarter EPS of $2.04. The stock has a 52-week-high of $108.01 and a 52-week-low of $44.41. At the end of the last trading period, Synaptics closed at $106.87.
Wolfe Research upgraded the previous rating for DXC Technology Co DXC from Peer Perform to Outperform. DXC Technology earned $0.84 in the third quarter, compared to $1.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.75 and a 52-week-low of $7.90. DXC Technology closed at $26.41 at the end of the last trading period.
According to Northcoast Research, the prior rating for Copart Inc CPRT was changed from Neutral to Buy. For the first quarter, Copart had an EPS of $0.79, compared to year-ago quarter EPS of $0.65. The current stock performance of Copart shows a 52-week-high of $130.96 and a 52-week-low of $55.69. Moreover, at the end of the last trading period, the closing price was at $114.33.
Goldman Sachs upgraded the previous rating for Canada Goose Holdings Inc GOOS from Sell to Neutral. In the third quarter, Canada Goose Hldgs showed an EPS of $0.77, compared to $0.83 from the year-ago quarter. The stock has a 52-week-high of $45.60 and a 52-week-low of $12.94. At the end of the last trading period, Canada Goose Hldgs closed at $42.90.
According to B of A Securities, the prior rating for Teradata Corp TDC was changed from Neutral to Buy. For the fourth quarter, Teradata had an EPS of $0.38, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $33.80 and a 52-week-low of $17.62. Teradata closed at $27.04 at the end of the last trading period.
According to Gordon Haskett, the prior rating for Starbucks Corp SBUX was changed from Hold to Buy. Starbucks earned $0.61 in the first quarter, compared to $0.79 in the year-ago quarter. The current stock performance of Starbucks shows a 52-week-high of $107.75 and a 52-week-low of $50.02. Moreover, at the end of the last trading period, the closing price was at $103.64.
According to Citigroup, the prior rating for Foot Locker Inc FL was changed from Neutral to Buy. In the third quarter, Foot Locker showed an EPS of $1.21, compared to $1.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $49.35 and a 52-week-low of $17.46. Foot Locker closed at $47.97 at the end of the last trading period.
Credit Suisse upgraded the previous rating for CMS Energy Corp CMS from Neutral to Outperform. CMS Energy earned $0.56 in the fourth quarter, compared to $0.68 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.17 and a 52-week-low of $46.03. CMS Energy closed at $56.84 at the end of the last trading period.
KeyBanc upgraded the previous rating for Fortinet Inc FTNT from Sector Weight to Overweight. In the fourth quarter, Fortinet showed an EPS of $1.06, compared to $0.76 from the year-ago quarter. The stock has a 52-week-high of $157.07 and a 52-week-low of $70.20. At the end of the last trading period, Fortinet closed at $156.99.
For Infinity Pharmaceuticals Inc INFI, JP Morgan upgraded the previous rating of Underweight to Neutral. In the third quarter, Infinity Pharmaceuticals showed an EPS of $0.16, compared to $0.20 from the year-ago quarter. The current stock performance of Infinity Pharmaceuticals shows a 52-week-high of $4.38 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $3.69.
Morgan Stanley upgraded the previous rating for Plantronics Inc PLT from Underweight to Equal-Weight. For the third quarter, Plantronics had an EPS of $1.47, compared to year-ago quarter EPS of $0.30. The current stock performance of Plantronics shows a 52-week-high of $36.20 and a 52-week-low of $4.60. Moreover, at the end of the last trading period, the closing price was at $35.07.
JMP Securities upgraded the previous rating for Greenhill & Co Inc GHL from Market Perform to Market Outperform. In the fourth quarter, Greenhill & Co showed an EPS of $2.71, compared to $1.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.08 and a 52-week-low of $7.28. Greenhill & Co closed at $14.04 at the end of the last trading period.
According to Goldman Sachs, the prior rating for Redfin Corp RDFN was changed from Sell to Neutral. Redfin earned $0.30 in the third quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $84.83 and a 52-week-low of $9.63. Redfin closed at $81.50 at the end of the last trading period.
According to Credit Suisse, the prior rating for StoneCo Ltd STNE was changed from Neutral to Outperform. For the third quarter, StoneCo had an EPS of $0.18, compared to year-ago quarter EPS of $0.17. The current stock performance of StoneCo shows a 52-week-high of $87.23 and a 52-week-low of $17.72. Moreover, at the end of the last trading period, the closing price was at $81.22.
JP Morgan upgraded the previous rating for Corteva Inc CTVA from Neutral to Overweight. Corteva earned $0.04 in the fourth quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $44.96 and a 52-week-low of $20.38. At the end of the last trading period, Corteva closed at $42.67.
According to Goldman Sachs, the prior rating for Zillow Group Inc ZG was changed from Neutral to Buy. In the third quarter, Zillow Gr showed an EPS of $0.37, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $159.16 and a 52-week-low of $18.65. Zillow Gr closed at $156.85 at the end of the last trading period.

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Downgrades

According to BTIG, the prior rating for ANGI Homeservices Inc ANGI was changed from Buy to Neutral. In the fourth quarter, ANGI Homeservices showed an EPS of $0.03, compared to $0.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $17.05 and a 52-week-low of $4.10. ANGI Homeservices closed at $14.02 at the end of the last trading period.
For New Relic Inc NEWR, UBS downgraded the previous rating of Buy to Neutral. New Relic earned $0.14 in the third quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of $81.10 and a 52-week-low of $33.49. At the end of the last trading period, New Relic closed at $81.20.
Citigroup downgraded the previous rating for Air Products & Chemicals Inc APD from Buy to Neutral. In the first quarter, Air Products & Chemicals showed an EPS of $2.12, compared to $2.14 from the year-ago quarter. The current stock performance of Air Products & Chemicals shows a 52-week-high of $327.89 and a 52-week-low of $167.43. Moreover, at the end of the last trading period, the closing price was at $256.10.
Raymond James downgraded the previous rating for New Relic Inc NEWR from Strong Buy to Market Perform. In the third quarter, New Relic showed an EPS of $0.14, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.10 and a 52-week-low of $33.49. New Relic closed at $81.20 at the end of the last trading period.
For Peloton Interactive Inc PTON, Raymond James downgraded the previous rating of Outperform to Market Perform. In the second quarter, Peloton Interactive showed an EPS of $0.18, compared to $0.20 from the year-ago quarter. The current stock performance of Peloton Interactive shows a 52-week-high of $171.09 and a 52-week-low of $17.70. Moreover, at the end of the last trading period, the closing price was at $157.53.
For Cognizant Technology Solutions Corp CTSH, HSBC downgraded the previous rating of Buy to Hold. For the fourth quarter, Cognizant Tech Solns had an EPS of $0.67, compared to year-ago quarter EPS of $1.07. The current stock performance of Cognizant Tech Solns shows a 52-week-high of $82.73 and a 52-week-low of $40.01. Moreover, at the end of the last trading period, the closing price was at $74.69.
For Twist Bioscience Corp TWST, JP Morgan downgraded the previous rating of Neutral to Underweight. Twist Bioscience earned $0.72 in the first quarter, compared to $1.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $214.07 and a 52-week-low of $18.52. Twist Bioscience closed at $197.65 at the end of the last trading period.
According to Wells Fargo, the prior rating for Bruker Corp BRKR was changed from Overweight to Equal-Weight. Bruker earned $0.42 in the third quarter, compared to $0.43 in the year-ago quarter. At the moment, the stock has a 52-week-high of $61.41 and a 52-week-low of $30.78. Bruker closed at $56.78 at the end of the last trading period.

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Initiations

With a Buy rating, Roth Capital initiated coverage on Switchback Energy Acquisition Corp SBE. The price target seems to have been set at $46.00 for Switchback Energy. At the moment, the stock has a 52-week-high of $49.48 and a 52-week-low of $9.38. Switchback Energy closed at $40.92 at the end of the last trading period.
With a Buy rating, Roth Capital initiated coverage on Beam Global BEEM. The price target seems to have been set at $85.00 for Beam Global. For the third quarter, Beam Global had an EPS of $0.17, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $75.90 and a 52-week-low of $10.53. At the end of the last trading period, Beam Global closed at $65.53.
With a Buy rating, Roth Capital initiated coverage on Blink Charging Co BLNK. The price target seems to have been set at $67.00 for Blink Charging. For the third quarter, Blink Charging had an EPS of $0.12, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $64.50 and a 52-week-low of $1.25. Blink Charging closed at $51.00 at the end of the last trading period.
Seaport Global initiated coverage on Affirm Holdings Inc AFRM with a Neutral rating. At the moment, the stock has a 52-week-high of $137.98 and a 52-week-low of $90.01. Affirm Holdings closed at $108.77 at the end of the last trading period.
For Rio Tinto PLC RIO, Berenberg initiated coverage, by setting the current rating at Hold. The stock has a 52-week-high of $86.90 and a 52-week-low of $35.35. At the end of the last trading period, Rio Tinto closed at $77.52.
William Blair initiated coverage on PAR Technology Corp PAR with an Outperform rating. For the third quarter, PAR Technology had an EPS of $0.15, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $78.79 and a 52-week-low of $9.63. At the end of the last trading period, PAR Technology closed at $78.45.
With a Equal-Weight rating, Barclays initiated coverage on Landsea Homes Corp LSEA. The price target seems to have been set at $11.00 for Landsea Homes. The stock has a 52-week-high of $10.65 and a 52-week-low of $8.40. At the end of the last trading period, Landsea Homes closed at $9.34.
Gordon Haskett initiated coverage on Dick's Sporting Goods Inc DKS with a Hold rating. The price target for Dick's Sporting Goods is set to $70.00. For the third quarter, Dick's Sporting Goods had an EPS of $2.01, compared to year-ago quarter EPS of $0.52. At the moment, the stock has a 52-week-high of $74.60 and a 52-week-low of $13.46. Dick's Sporting Goods closed at $74.08 at the end of the last trading period.
B. Riley FBR initiated coverage on Conversion Labs Inc CVLB with a Buy rating. The price target for Conversion Labs is set to $35.00. The stock has a 52-week-high of $27.97 and a 52-week-low of $0.15. At the end of the last trading period, Conversion Labs closed at $21.02.
Goldman Sachs initiated coverage on QuantumScape Corp QS with a Neutral rating. The price target for QuantumScape is set to $42.00. The stock has a 52-week-high of $132.73 and a 52-week-low of $28.63. At the end of the last trading period, QuantumScape closed at $47.30.
With a Strong Buy rating, Raymond James initiated coverage on ARKO Corp ARKO. The price target seems to have been set at $13.00 for ARKO. The current stock performance of ARKO shows a 52-week-high of $9.95 and a 52-week-low of $7.58. Moreover, at the end of the last trading period, the closing price was at $9.66.