Benzinga's Top Upgrades, Downgrades For January 4, 2021

Author: Benzinga Insights | January 04, 2021 11:04am

Upgrades

B of A Securities upgraded the previous rating for Expedia Group Inc (NASDAQ:EXPE) from Neutral to Buy. For the third quarter, Expedia Group had an EPS of $0.24, compared to year-ago quarter EPS of $3.37. At the moment, the stock has a 52-week-high of $134.09 and a 52-week-low of $40.76. Expedia Group closed at $132.40 at the end of the last trading period.
According to Evercore ISI Group, the prior rating for Zimmer Biomet Holdings Inc (NYSE:ZBH) was changed from In-Line to Outperform. In the third quarter, Zimmer Biomet Holdings showed an EPS of $1.81, compared to $1.77 from the year-ago quarter. The stock has a 52-week-high of $165.15 and a 52-week-low of $74.37. At the end of the last trading period, Zimmer Biomet Holdings closed at $154.19.
For US Silica Holdings Inc (NYSE:SLCA), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. For the third quarter, US Silica Holdings had an EPS of $0.15, compared to year-ago quarter EPS of $0.17. The current stock performance of US Silica Holdings shows a 52-week-high of $8.32 and a 52-week-low of $0.79. Moreover, at the end of the last trading period, the closing price was at $7.02.
Guggenheim upgraded the previous rating for Sage Therapeutics Inc (NASDAQ:SAGE) from Neutral to Buy. For the third quarter, Sage Therapeutics had an EPS of $2.03, compared to year-ago quarter EPS of $3.48. At the moment, the stock has a 52-week-high of $90.58 and a 52-week-low of $25.01. Sage Therapeutics closed at $86.51 at the end of the last trading period.
For Mettler-Toledo International Inc (NYSE:MTD), Evercore ISI Group upgraded the previous rating of Underperform to In-Line. For the third quarter, Mettler-Toledo Intl had an EPS of $7.02, compared to year-ago quarter EPS of $5.77. The stock has a 52-week-high of $1228.41 and a 52-week-low of $579.40. At the end of the last trading period, Mettler-Toledo Intl closed at $1139.08.
For Align Technology Inc (NASDAQ:ALGN), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. In the third quarter, Align Tech showed an EPS of $2.25, compared to $1.48 from the year-ago quarter. The stock has a 52-week-high of $543.65 and a 52-week-low of $127.88. At the end of the last trading period, Align Tech closed at $534.38.
For AT&T Inc (NYSE:T), Raymond James upgraded the previous rating of Market Perform to Outperform. In the third quarter, AT&T showed an EPS of $0.76, compared to $0.94 from the year-ago quarter. The current stock performance of AT&T shows a 52-week-high of $39.55 and a 52-week-low of $26.08. Moreover, at the end of the last trading period, the closing price was at $28.75.
Pivotal Research upgraded the previous rating for Under Armour Inc (NYSE:UAA) from Hold to Buy. Under Armour earned $0.26 in the third quarter. At the moment, the stock has a 52-week-high of $21.96 and a 52-week-low of $7.15. Under Armour closed at $17.18 at the end of the last trading period.
According to Jefferies, the prior rating for Molson Coors Beverage Co (NYSE:TAP) was changed from Hold to Buy. For the third quarter, Molson Coors Beverage had an EPS of $1.62, compared to year-ago quarter EPS of $1.48. The current stock performance of Molson Coors Beverage shows a 52-week-high of $61.94 and a 52-week-low of $32.11. Moreover, at the end of the last trading period, the closing price was at $45.21.
Jefferies upgraded the previous rating for Newell Brands Inc (NASDAQ:NWL) from Hold to Buy. In the third quarter, Newell Brands showed an EPS of $0.84, compared to $0.73 from the year-ago quarter. The current stock performance of Newell Brands shows a 52-week-high of $22.09 and a 52-week-low of $10.44. Moreover, at the end of the last trading period, the closing price was at $21.23.
For H.B. Fuller Co (NYSE:FUL), Baird upgraded the previous rating of Neutral to Outperform. For the third quarter, H.B. Fuller had an EPS of $0.76, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $55.28 and a 52-week-low of $23.68. At the end of the last trading period, H.B. Fuller closed at $51.88.
Piper Sandler upgraded the previous rating for Capri Holdings Ltd (NYSE:CPRI) from Neutral to Overweight. In the second quarter, Capri Holdings showed an EPS of $0.90, compared to $1.16 from the year-ago quarter. The stock has a 52-week-high of $44.55 and a 52-week-low of $5.42. At the end of the last trading period, Capri Holdings closed at $41.96.
For VF Corp (NYSE:VFC), Piper Sandler upgraded the previous rating of Neutral to Overweight. VF earned $0.67 in the second quarter, compared to $1.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $100.25 and a 52-week-low of $45.07. VF closed at $85.36 at the end of the last trading period.
For Humana Inc (NYSE:HUM), RBC Capital upgraded the previous rating of Sector Perform to Outperform. In the third quarter, Humana showed an EPS of $3.08, compared to $5.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $474.70 and a 52-week-low of $208.25. Humana closed at $410.29 at the end of the last trading period.
Baird upgraded the previous rating for Henry Schein Inc (NASDAQ:HSIC) from Neutral to Outperform. Henry Schein earned $1.03 in the third quarter, compared to $0.90 in the year-ago quarter. At the moment, the stock has a 52-week-high of $73.99 and a 52-week-low of $41.85. Henry Schein closed at $66.86 at the end of the last trading period.
Jefferies upgraded the previous rating for Installed Building Products Inc (NYSE:IBP) from Hold to Buy. Installed Building Prods earned $1.21 in the third quarter, compared to $0.99 in the year-ago quarter. The current stock performance of Installed Building Prods shows a 52-week-high of $121.67 and a 52-week-low of $29.02. Moreover, at the end of the last trading period, the closing price was at $102.03.
According to Barclays, the prior rating for Ally Financial Inc (NYSE:ALLY) was changed from Equal-Weight to Overweight. Ally Financial earned $1.25 in the third quarter, compared to $1.01 in the year-ago quarter. The current stock performance of Ally Financial shows a 52-week-high of $35.92 and a 52-week-low of $10.22. Moreover, at the end of the last trading period, the closing price was at $35.66.
According to Barclays, the prior rating for Goldman Sachs Group Inc (NYSE:GS) was changed from Equal-Weight to Overweight. For the third quarter, Goldman Sachs Group had an EPS of $9.68, compared to year-ago quarter EPS of $4.79. The current stock performance of Goldman Sachs Group shows a 52-week-high of $263.93 and a 52-week-low of $130.85. Moreover, at the end of the last trading period, the closing price was at $263.62.
According to Barclays, the prior rating for Morgan Stanley (NYSE:MS) was changed from Equal-Weight to Overweight. For the third quarter, Morgan Stanley had an EPS of $1.66, compared to year-ago quarter EPS of $1.21. At the moment, the stock has a 52-week-high of $68.97 and a 52-week-low of $27.20. Morgan Stanley closed at $68.54 at the end of the last trading period.

Downgrades

For Stanley Black & Decker Inc (NYSE:SWK), B of A Securities downgraded the previous rating of Neutral to Underperform. Stanley Black & Decker earned $2.89 in the third quarter, compared to $2.13 in the year-ago quarter. The stock has a 52-week-high of $195.00 and a 52-week-low of $70.00. At the end of the last trading period, Stanley Black & Decker closed at $178.90.
For Sage Therapeutics Inc (NASDAQ:SAGE), RBC Capital downgraded the previous rating of Outperform to Sector Perform. Sage Therapeutics earned $2.03 in the third quarter, compared to $3.48 in the year-ago quarter. The current stock performance of Sage Therapeutics shows a 52-week-high of $90.58 and a 52-week-low of $25.01. Moreover, at the end of the last trading period, the closing price was at $86.51.
For Progressive Corp (NYSE:PGR), Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. Progressive earned $1.88 in the third quarter, compared to $1.42 in the year-ago quarter. The stock has a 52-week-high of $102.05 and a 52-week-low of $62.18. At the end of the last trading period, Progressive closed at $98.89.
For Pluralsight Inc (NASDAQ:PS), Truist Securities downgraded the previous rating of Buy to Hold. For the third quarter, Pluralsight had an EPS of $0.00, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $22.69 and a 52-week-low of $6.59. Pluralsight closed at $20.96 at the end of the last trading period.
According to Wells Fargo, the prior rating for American International Group Inc (NYSE:AIG) was changed from Overweight to Equal-Weight. American Intl Gr earned $0.81 in the third quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $56.42 and a 52-week-low of $16.07. At the end of the last trading period, American Intl Gr closed at $37.85.
For Zions Bancorp (NASDAQ:ZION), Barclays downgraded the previous rating of Overweight to Equal-Weight. In the third quarter, Zions Bancorp showed an EPS of $1.01, compared to $1.17 from the year-ago quarter. The stock has a 52-week-high of $52.48 and a 52-week-low of $23.58. At the end of the last trading period, Zions Bancorp closed at $43.44.
For The Estee Lauder Companies Inc (NYSE:EL), Raymond James downgraded the previous rating of Outperform to Market Perform. Estee Lauder Cos earned $1.44 in the first quarter, compared to $1.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $267.20 and a 52-week-low of $137.01. Estee Lauder Cos closed at $266.33 at the end of the last trading period.
For Ball Corp (NYSE:BLL), Baird downgraded the previous rating of Outperform to Neutral. In the third quarter, Ball showed an EPS of $0.89, compared to $0.70 from the year-ago quarter. The current stock performance of Ball shows a 52-week-high of $102.76 and a 52-week-low of $51.26. Moreover, at the end of the last trading period, the closing price was at $93.19.
For Boeing Co (NYSE:BA), Bernstein downgraded the previous rating of Market Perform to Underperform. Boeing earned $1.39 in the third quarter, compared to $1.45 in the year-ago quarter. The stock has a 52-week-high of $349.95 and a 52-week-low of $89.00. At the end of the last trading period, Boeing closed at $214.09.
RBC Capital downgraded the previous rating for Coca-Cola Co (NYSE:KO) from Outperform to Sector Perform. In the third quarter, Coca-Cola showed an EPS of $0.55, compared to $0.56 from the year-ago quarter. The stock has a 52-week-high of $60.13 and a 52-week-low of $36.27. At the end of the last trading period, Coca-Cola closed at $54.86.
RBC Capital downgraded the previous rating for Colgate-Palmolive Co (NYSE:CL) from Outperform to Sector Perform. Colgate-Palmolive earned $0.79 in the third quarter, compared to $0.71 in the year-ago quarter. The stock has a 52-week-high of $86.41 and a 52-week-low of $58.49. At the end of the last trading period, Colgate-Palmolive closed at $85.52.
For PepsiCo Inc (NASDAQ:PEP), RBC Capital downgraded the previous rating of Outperform to Sector Perform. PepsiCo earned $1.66 in the third quarter, compared to $1.56 in the year-ago quarter. At the moment, the stock has a 52-week-high of $148.77 and a 52-week-low of $101.42. PepsiCo closed at $148.30 at the end of the last trading period.
For Masco Corp (NYSE:MAS), Jefferies downgraded the previous rating of Buy to Hold. In the third quarter, Masco showed an EPS of $1.04, compared to $0.68 from the year-ago quarter. At the moment, the stock has a 52-week-high of $60.16 and a 52-week-low of $27.04. Masco closed at $54.93 at the end of the last trading period.
According to JP Morgan, the prior rating for Chubb Ltd (NYSE:CB) was changed from Overweight to Neutral. For the third quarter, Chubb had an EPS of $2.00, compared to year-ago quarter EPS of $2.70. The current stock performance of Chubb shows a 52-week-high of $167.74 and a 52-week-low of $87.35. Moreover, at the end of the last trading period, the closing price was at $153.97.
According to Credit Suisse, the prior rating for Flowserve Corp (NYSE:FLS) was changed from Outperform to Neutral. In the third quarter, Flowserve showed an EPS of $0.50, compared to $0.59 from the year-ago quarter. The stock has a 52-week-high of $51.25 and a 52-week-low of $18.98. At the end of the last trading period, Flowserve closed at $36.85.
According to Barclays, the prior rating for Citigroup Inc (NYSE:C) was changed from Overweight to Equal-Weight. In the third quarter, Citigroup showed an EPS of $1.40, compared to $1.97 from the year-ago quarter. At the moment, the stock has a 52-week-high of $83.11 and a 52-week-low of $32.00. Citigroup closed at $61.66 at the end of the last trading period.

Initiations

With a Neutral rating, B of A Securities initiated coverage on DoorDash Inc (NYSE:DASH). The price target seems to have been set at $157.00 for DoorDash. The current stock performance of DoorDash shows a 52-week-high of $195.50 and a 52-week-low of $135.38. Moreover, at the end of the last trading period, the closing price was at $142.60.
B of A Securities initiated coverage on Airbnb Inc (NASDAQ:ABNB) with a Neutral rating. The price target for Airbnb is set to $158.00. The stock has a 52-week-high of $174.97 and a 52-week-low of $121.50. At the end of the last trading period, Airbnb closed at $146.80.
Raymond James initiated coverage on PubMatic Inc (NASDAQ:PUBM) with a Market Perform rating. The current stock performance of PubMatic shows a 52-week-high of $38.70 and a 52-week-low of $22.42. Moreover, at the end of the last trading period, the closing price was at $27.96.
Morgan Stanley initiated coverage on C3.ai Inc (NYSE:AI) with an Underweight rating. The price target for C3.ai is set to $100.00. The stock has a 52-week-high of $183.90 and a 52-week-low of $1.40. At the end of the last trading period, C3.ai closed at $139.00.
DA Davidson initiated coverage on Airbnb Inc (NASDAQ:ABNB) with a Buy rating. The price target for Airbnb is set to $172.00. The stock has a 52-week-high of $174.97 and a 52-week-low of $121.50. At the end of the last trading period, Airbnb closed at $146.80.
Citigroup initiated coverage on Restaurant Brands International Inc (NYSE:QSR) with a Buy rating. The price target for Restaurant Brands Intl is set to $74.00. For the third quarter, Restaurant Brands Intl had an EPS of $0.68, compared to year-ago quarter EPS of $0.72. The current stock performance of Restaurant Brands Intl shows a 52-week-high of $67.33 and a 52-week-low of $25.08. Moreover, at the end of the last trading period, the closing price was at $61.10.
With a Neutral rating, Citigroup initiated coverage on McDonald's Corp (NYSE:MCD). The price target seems to have been set at $230.00 for McDonald's. In the third quarter, McDonald's showed an EPS of $2.22, compared to $2.11 from the year-ago quarter. The current stock performance of McDonald's shows a 52-week-high of $231.91 and a 52-week-low of $124.23. Moreover, at the end of the last trading period, the closing price was at $214.63.
For DoorDash Inc (NYSE:DASH), Barclays initiated coverage, by setting the current rating at Equal-Weight. At the moment, the stock has a 52-week-high of $195.50 and a 52-week-low of $135.38. DoorDash closed at $142.60 at the end of the last trading period.
Canaccord Genuity initiated coverage on C3.ai Inc (NYSE:AI) with a Hold rating. The price target for C3.ai is set to $140.00. At the moment, the stock has a 52-week-high of $183.90 and a 52-week-low of $1.40. C3.ai closed at $139.00 at the end of the last trading period.
With a Buy rating, Jefferies initiated coverage on PubMatic Inc (NASDAQ:PUBM). The price target seems to have been set at $38.00 for PubMatic. The current stock performance of PubMatic shows a 52-week-high of $38.70 and a 52-week-low of $22.42. Moreover, at the end of the last trading period, the closing price was at $27.96.
JP Morgan initiated coverage on Hydrofarm Holdings Group Inc (NASDAQ:HYFM) with an Overweight rating. The current stock performance of Hydrofarm Holdings Group shows a 52-week-high of $60.49 and a 52-week-low of $41.59. Moreover, at the end of the last trading period, the closing price was at $52.58.
JP Morgan initiated coverage on C3.ai Inc (NYSE:AI) with an Underweight rating. The price target for C3.ai is set to $84.00. The stock has a 52-week-high of $183.90 and a 52-week-low of $1.40. At the end of the last trading period, C3.ai closed at $139.00.
Goldman Sachs initiated coverage on Airbnb Inc (NASDAQ:ABNB) with a Neutral rating. The price target for Airbnb is set to $143.00. The stock has a 52-week-high of $174.97 and a 52-week-low of $121.50. At the end of the last trading period, Airbnb closed at $146.80.