Benzinga | Nov 2, 2020 09:56AM EST

Benzinga's Top Upgrades, Downgrades For November 2, 2020

Upgrades

* For Valmont Industries Inc (NYSE:VMI), William Blair upgraded the previous rating of Market Perform to the current rating Outperform. Valmont Industries earned $1.99 in the third quarter, compared to $2.09 in the year-ago quarter. The stock has a 52-week-high of 154.86 and a 52-week-low of 82.6. At the end of the last trading period, Valmont Industries closed at $142.11.

* According to Wedbush, the prior rating for Turtle Beach Corp (NASDAQ:HEAR) was changed from Neutral to Outperform. For the second quarter, Turtle Beach had an EPS of $0.42, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of 20.95 and a 52-week-low of 4.05. At the end of the last trading period, Turtle Beach closed at $18.02.

* According to Raymond James, the prior rating for Mohawk Industries Inc (NYSE:MHK) was changed from Outperform to Strong Buy. Mohawk Industries earned $3.26 in the third quarter, compared to $2.75 in the year-ago quarter. At the moment, the stock has a 52-week-high of 153.05 and a 52-week-low of 56.62. Mohawk Industries closed at $103.18 at the end of the last trading period.

* According to TD Securities, the prior rating for Mercer International Inc (NASDAQ:MERC) was changed from Hold to Buy. In the third quarter, Mercer International 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 13.44 and a 52-week-low of 5.77. Mercer International closed at $6.29 at the end of the last trading period.

* For James River Group Holdings Ltd (NASDAQ:JRVR), Compass Point upgraded the previous rating of Neutral to the current rating Buy. For the third quarter, James River Gr Hldgs had an EPS of $0.56, compared to year-ago quarter EPS of $0.73. At the moment, the stock has a 52-week-high of 57.41 and a 52-week-low of 25.34. James River Gr Hldgs closed at $46.73 at the end of the last trading period.

* According to Northland Capital Markets, the prior rating for Intel Corp (NASDAQ:INTC) was changed from Underperform to Market Perform. For the third quarter, Intel had an EPS of $1.11, compared to year-ago quarter EPS of $1.42. The current stock performance of Intel shows a 52-week-high of 69.29 and a 52-week-low of 43.61. Moreover, at the end of the last trading period, the closing price was at $44.28.

* According to B of A Securities, the prior rating for ConocoPhillips (NYSE:COP) was changed from Neutral to Buy. For the third quarter, ConocoPhillips had an EPS of $0.31, compared to year-ago quarter EPS of $0.82. The current stock performance of ConocoPhillips shows a 52-week-high of 67.13 and a 52-week-low of 20.84. Moreover, at the end of the last trading period, the closing price was at $28.62.

* According to Morgan Stanley, the prior rating for Wynn Resorts Ltd (NASDAQ:WYNN) was changed from Equal-Weight to Overweight. For the second quarter, Wynn Resorts had an EPS of $6.14, compared to year-ago quarter EPS of $1.44. At the moment, the stock has a 52-week-high of 153.41 and a 52-week-low of 35.84. Wynn Resorts closed at $72.43 at the end of the last trading period.

* According to Stifel, the prior rating for Under Armour Inc (NYSE:UAA) was changed from Hold to Buy. Under Armour earned $0.26 in the third quarter. The current stock performance of Under Armour shows a 52-week-high of 21.96 and a 52-week-low of 7.15. Moreover, at the end of the last trading period, the closing price was at $13.85.

* According to Raymond James, the prior rating for Ruth's Hospitality Group Inc (NASDAQ:RUTH) was changed from Outperform to Strong Buy. Ruth's Hospitality Group earned $0.04 in the third quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of 25.775 and a 52-week-low of 2.315. At the end of the last trading period, Ruth's Hospitality Group closed at $11.18.

* According to Evercore ISI Group, the prior rating for Omnicom Group Inc (NYSE:OMC) was changed from Underperform to In-Line. In the third quarter, Omnicom Group showed an EPS of $1.21, compared to $1.32 from the year-ago quarter. The stock has a 52-week-high of 82.73 and a 52-week-low of 44.5. At the end of the last trading period, Omnicom Group closed at $47.21.

* For McKesson Corp (NYSE:MCK), Barclays upgraded the previous rating of Equal-Weight to the current rating Overweight. For the first quarter, McKesson had an EPS of $2.77, compared to year-ago quarter EPS of $3.31. The stock has a 52-week-high of 172.18 and a 52-week-low of 112.6. At the end of the last trading period, McKesson closed at $147.44.

* According to Morgan Stanley, the prior rating for Lamar Advertising Co (NASDAQ:LAMR) was changed from Equal-Weight to Overweight. For the second quarter, Lamar Advertising had an EPS of $0.31, compared to year-ago quarter EPS of $1.18. The current stock performance of Lamar Advertising shows a 52-week-high of 96.82 and a 52-week-low of 30.89. Moreover, at the end of the last trading period, the closing price was at $61.96.

* Barclays upgraded the previous rating for Cardinal Health Inc (NYSE:CAH) from Equal-Weight to Overweight. Cardinal Health earned $1.04 in the fourth quarter, compared to $1.11 in the year-ago quarter. The current stock performance of Cardinal Health shows a 52-week-high of 60.69 and a 52-week-low of 39.0508. Moreover, at the end of the last trading period, the closing price was at $45.80.

* For Arthur J. Gallagher & Co (NYSE:AJG), Piper Sandler upgraded the previous rating of Neutral to the current rating Overweight. For the third quarter, Arthur J. Gallagher had an EPS of $1.08, compared to year-agoquarter EPS of $0.80. The stock has a 52-week-high of 110.56 and a 52-week-low of 65.09. At the end of the last trading period, Arthur J. Gallagher closed at $103.72.

* Credit Suisse upgraded the previous rating for Archer-Daniels Midland Co (NYSE:ADM) from Underperform to Neutral. For the third quarter, Archer-Daniels Midland had an EPS of $0.89, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of 52.05 and a 52-week-low of 28.92. At the end of the last trading period, Archer-Daniels Midland closed at $46.25.



Downgrades

* According to Benchmark, the prior rating for Aptiv PLC (NYSE:APTV) was changed from Buy to Hold. In the third quarter, Aptiv showed an EPS of $1.13, compared to $1.27 from the year-ago quarter. The stock has a 52-week-high of 102.18 and a 52-week-low of 29.22. At the end of the last trading period, Aptiv closed at $96.49.

* According to Summit Insights Group, the prior rating for Proofpoint Inc (NASDAQ:PFPT) was changed from Buy to Hold. In the third quarter, Proofpoint showed an EPS of $0.59, compared to $0.49 from the year-ago quarter. The current stock performance of Proofpoint shows a 52-week-high of 133.0 and a 52-week-low of 83.81. Moreover, at the end of the last trading period, the closing price was at $95.74.

* For Dunkin' Brands Group Inc (NASDAQ:DNKN), Baird downgraded the previous rating of Outperform to the current rating Neutral. In the third quarter, Dunkin Brands Group showed an EPS of $0.93, compared to $0.90 from the year-ago quarter. The current stock performance of Dunkin Brands Group shows a 52-week-high of 104.87 and a 52-week-low of 38.51. Moreover, at the end of the last trading period, the closing price was at $99.71.

* For Blueprint Medicines Corp (NASDAQ:BPMC), Jefferies downgraded the previous rating of Buy to the current rating Hold. Blueprint Medicines earned $11.16 in the third quarter, compared to $1.93 in the year-ago quarter. The stock has a 52-week-high of 108.505 and a 52-week-low of 43.29. At the end of the last trading period, Blueprint Medicines closed at $102.28.

* Baird downgraded the previous rating for Bright Horizons Family Solutions Inc (NYSE:BFAM) from Outperform to Neutral. Bright Horizons Family earned $0.44 in the second quarter, compared to $0.99 in the year-ago quarter. At the moment, the stock has a 52-week-high of 176.98 and a 52-week-low of 64.23. Bright Horizons Family closed at $157.86 at the end of the last trading period.

* For Dunkin' Brands Group Inc (NASDAQ:DNKN), Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. Dunkin Brands Group earned $0.93 in the third quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of 104.87 and a 52-week-low of 38.51. At the end of the last trading period, Dunkin Brands Group closed at $99.71.

* According to Piper Sandler, the prior rating for Aon PLC (NYSE:AON) was changed from Overweight to Neutral. The current stock performance of Aon shows a 52-week-high of 238.19 and a 52-week-low of 143.93. Moreover, at the end of the last trading period, the closing price was at $183.90.

* Piper Sandler downgraded the previous rating for Marsh & McLennan Companies Inc (NYSE:MMC) from Overweight to Neutral. In the third quarter, Marsh & McLennan showed an EPS of $0.82, compared to $0.77 from the year-ago quarter. The stock has a 52-week-high of 120.97 and a 52-week-low of 74.335. At the end of the last trading period, Marsh & McLennan closed at $103.42.

* For Willis Towers Watson PLC (NASDAQ:WLTW), Piper Sandler downgraded the previous rating of Overweight to the current rating Neutral. Willis Towers Watson earned $1.33 in the third quarter, compared to $1.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of 220.97 and a 52-week-low of 143.34. Willis Towers Watson closed at $182.48 at the end of the last trading period.

* For Dunkin' Brands Group Inc (NASDAQ:DNKN), KeyBanc downgraded the previous rating of Overweight to the current rating Sector Weight. In the third quarter, Dunkin Brands Group showed an EPS of $0.93, compared to $0.90 from the year-ago quarter. The current stock performance of Dunkin Brands Group shows a 52-week-high of 104.87 and a 52-week-low of 38.51. Moreover, at the end of the last trading period, the closing price was at $99.71.



Initiations

* With a current rating of Outperform, BMO Capital initiated coverage on FuboTV Inc (NYSE:FUBO). The price target seems to have been set at $18.00 for FuboTV. The stock has a 52-week-high of 22.0 and a 52-week-low of 8.12. At the end of the last trading period, FuboTV closed at $13.55.

* Cantor Fitzgerald initiated coverage on Aziyo Biologics Inc (NASDAQ:AZYO) with an Overweight rating. The price target for Aziyo Biologics is set to $20.00. The current stock performance of Aziyo Biologics shows a 52-week-high of 12.5 and a 52-week-low of 10.64. Moreover, at the end of the last trading period, the closing price was at $10.98.

* Atlantic Equities initiated coverage on D.R. Horton Inc (NYSE:DHI) with an Overweight rating. The price target for D.R. Horton is set to $90.00. In the third quarter, D.R. Horton showed an EPS of $1.72, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of 81.21 and a 52-week-low of 25.51. D.R. Horton closed at $66.81 at the end of the last trading period.

* Morgan Stanley initiated coverage on Clear Channel Outdoor Holdings Inc (NYSE:CCO) with a Equal-Weight rating. The price target for Clear Channel Outdoor is set to $1.10. The current stock performance of Clear Channel Outdoor shows a 52-week-high of 3.1 and a 52-week-low of 0.3625. Moreover, at the end of the last trading period, the closing price was at $0.90.

* Piper Sandler initiated coverage on Aziyo Biologics Inc (NASDAQ:AZYO) with an Overweight rating. The price target for Aziyo Biologics is set to $20.00. At the moment, the stock has a 52-week-high of 12.5 and a 52-week-low of 10.64. Aziyo Biologics closed at $10.98 at the end of the last trading period.

* Needham initiated coverage on FuboTV Inc (NYSE:FUBO) with a Buy rating. The price target for FuboTV is set to $17.00. At the moment, the stock has a 52-week-high of 22.0 and a 52-week-low of 8.12. FuboTV closed at $13.55 at the end of the last trading period.