Benzinga | Feb 1, 2021 10:03AM EST

Benzinga's Top Ratings Upgrades, Downgrades For February 1, 2021



Upgrades

* Credit Suisse upgraded the previous rating for Colgate-Palmolive Co (NYSE:CL) from Underperform to Neutral. For the fourth quarter, Colgate-Palmolive had an EPS of $0.77, compared to year-ago quarter EPS of $0.73. At the moment, the stock has a 52-week-high of $86.41 and a 52-week-low of $58.49. Colgate-Palmolive closed at $77.99 at the end of the last trading period.

* UBS upgraded the previous rating for MSCI Inc (NYSE:MSCI) from Neutral to Buy. In the fourth quarter, MSCI showed an EPS of $1.96, compared to $1.67 from the year-ago quarter. At the moment, the stock has a 52-week-high of $455.81 and a 52-week-low of $218.65. MSCI closed at $395.81 at the end of the last trading period.

* For Diana Shipping Inc (NYSE:DSX), Stifel upgraded the previous rating of Hold to Buy. Diana Shipping earned $0.17 in the third quarter, compared to $0.00 in the year-ago quarter. The current stock performance of Diana Shipping shows a 52-week-high of $2.86 and a 52-week-low of $1.25. Moreover, at the end of the last trading period, the closing price was at $2.19.

* For Safe Bulkers Inc (NYSE:SB), Stifel upgraded the previous rating of Hold to Buy. In the third quarter, Safe Bulkers showed an EPS of $0.00, compared to $0.03 from the year-ago quarter. The current stock performance of Safe Bulkers shows a 52-week-high of $2.13 and a 52-week-low of $0.74. Moreover, at the end of the last trading period, the closing price was at $1.75.

* According to Stephens & Co., the prior rating for Regions Financial Corp (NYSE:RF) was changed from Equal-Weight to Overweight. Regions Financial earned $0.61 in the fourth quarter, compared to $0.40 in the year-ago quarter. The current stock performance of Regions Financial shows a 52-week-high of $18.71 and a 52-week-low of $6.94. Moreover, at the end of the last trading period, the closing price was at $16.98.

* Wedbush upgraded the previous rating for Expedia Group Inc (NASDAQ:EXPE) from Neutral to Outperform. Expedia Group earned $0.24 in the third quarter, compared to $3.37 in the year-ago quarter. The stock has a 52-week-high of $147.55 and a 52-week-low of $40.76. At the end of the last trading period, Expedia Group closed at $124.10.

* According to HC Wainwright & Co., the prior rating for United Therapeutics Corp (NASDAQ:UTHR) was changed from Neutral to Buy. For the third quarter, United Therapeutics had an EPS of $3.88, compared to year-ago quarter EPS of $3.83. The stock has a 52-week-high of $176.31 and a 52-week-low of $75.58. At the end of the last trading period, United Therapeutics closed at $163.82.

* Piper Sandler upgraded the previous rating for Halliburton Co (NYSE:HAL) from Neutral to Overweight. In the fourth quarter, Halliburton showed an EPS of $0.18, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.86 and a 52-week-low of $4.25. Halliburton closed at $17.63 at the end of the last trading period.

* For Olin Corp (NYSE:OLN), JP Morgan upgraded the previous rating of Neutral to Overweight. For the fourth quarter, Olin had an EPS of $0.09, compared to year-ago quarter EPS of $0.08. The current stock performance of Olin shows a 52-week-high of $28.30 and a 52-week-low of $8.76. Moreover, at the end of the last trading period, the closing price was at $23.90.

* JP Morgan upgraded the previous rating for Anterix Inc (NASDAQ:ATEX) from Underweight to Neutral. The current stock performance of Anterix shows a 52-week-high of $57.75 and a 52-week-low of $27.27. Moreover, at the end of the last trading period, the closing price was at $36.28.

* JP Morgan upgraded the previous rating for PagSeguro Digital Ltd (NYSE:PAGS) from Neutral to Overweight. For the third quarter, PagSeguro Digital had an EPS of $0.15, compared to year-ago quarter EPS of $0.28. The current stock performance of PagSeguro Digital shows a 52-week-high of $59.38 and a 52-week-low of $13.58. Moreover, at the end of the last trading period, the closing price was at $48.95.

* Wedbush upgraded the previous rating for Nikola Corp (NASDAQ:NKLA) from Underperform to Neutral. In the third quarter, Nikola earned $0.16. At the moment, the stock has a 52-week-high of $93.99 and a 52-week-low of $13.51. Nikola closed at $23.09 at the end of the last trading period.

* According to KeyBanc, the prior rating for Schneider National Inc (NYSE:SNDR) was changed from Sector Weight to Overweight. Schneider National earned $0.31 in the third quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $28.13 and a 52-week-low of $15.36. At the end of the last trading period, Schneider National closed at $21.02.

* For Rent-A-Center Inc (NASDAQ:RCII), KeyBanc upgraded the previous rating of Sector Weight to Overweight. For the third quarter, Rent-A-Center had an EPS of $1.04, compared to year-ago quarter EPS of $0.47. At the moment, the stock has a 52-week-high of $49.08 and a 52-week-low of $11.69. Rent-A-Center closed at $43.30 at the end of the last trading period.

See all analyst ratings upgrades.



Downgrades

* According to UBS, the prior rating for Williams-Sonoma Inc (NYSE:WSM) was changed from Neutral to Sell. In the third quarter, Williams-Sonoma showed an EPS of $2.56, compared to $1.02 from the year-ago quarter. The current stock performance of Williams-Sonoma shows a 52-week-high of $151.16 and a 52-week-low of $26.01. Moreover, at the end of the last trading period, the closing price was at $128.91.

* According to Seaport Global, the prior rating for American Airlines Group Inc (NASDAQ:AAL) was changed from Buy to Neutral. In the fourth quarter, American Airlines Group showed an EPS of $3.86, compared to $1.15 from the year-ago quarter. The current stock performance of American Airlines Group shows a 52-week-high of $30.78 and a 52-week-low of $8.25. Moreover, at the end of the last trading period, the closing price was at $17.17.

* For Novartis AG (NYSE:NVS), Cowen & Co. downgraded the previous rating of Outperform to Market Perform. In the fourth quarter, Novartis showed an EPS of $1.34, compared to $1.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $99.84 and a 52-week-low of $69.18. Novartis closed at $90.45 at the end of the last trading period.

* According to RBC Capital, the prior rating for Seagen Inc (NASDAQ:SGEN) was changed from Outperform to Sector Perform. At the moment, the stock has a 52-week-high of $213.94 and a 52-week-low of $90.57. Seagen closed at $164.27 at the end of the last trading period.

* B of A Securities downgraded the previous rating for Moderna Inc (NASDAQ:MRNA) from Neutral to Underperform. Moderna earned $0.59 in the third quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $185.98 and a 52-week-low of $17.91. At the end of the last trading period, Moderna closed at $173.16.

* According to Stifel, the prior rating for Stitch Fix Inc (NASDAQ:SFIX) was changed from Buy to Hold. Stitch Fix earned $0.09 in the first quarter, compared to $0.00 in the year-ago quarter. The current stock performance of Stitch Fix shows a 52-week-high of $113.76 and a 52-week-low of $10.90. Moreover, at the end of the last trading period, the closing price was at $95.44.

* Morgan Stanley downgraded the previous rating for Ford Motor Co (NYSE:F) from Equal-Weight to Underweight. Ford Motor earned $0.65 in the third quarter, compared to $0.34 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.15 and a 52-week-low of $3.96. Ford Motor closed at $10.53 at the end of the last trading period.

* Oppenheimer downgraded the previous rating for Invitae Corp (NYSE:NVTA) from Outperform to Perform. Invitae earned $0.62 in the third quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $61.59 and a 52-week-low of $7.42. At the end of the last trading period, Invitae closed at $49.58.

* Morgan Stanley downgraded the previous rating for Virgin Galactic Holdings Inc (NYSE:SPCE) from Overweight to Equal-Weight. In the third quarter, Virgin Galactic Hldgs showed an EPS of $0.34, compared to $0.20 from the year-ago quarter. The current stock performance of Virgin Galactic Hldgs shows a 52-week-high of $59.43 and a 52-week-low of $9.06. Moreover, at the end of the last trading period, the closing price was at $44.40.

* Raymond James downgraded the previous rating for eHealth Inc (NASDAQ:EHTH) from Outperform to Market Perform. For the third quarter, eHealth had an EPS of $0.36, compared to year-ago quarter EPS of $0.43. At the moment, the stock has a 52-week-high of $152.19 and a 52-week-low of $47.84. eHealth closed at $47.85 at the end of the last trading period.

* According to Citigroup, the prior rating for Discovery Inc (NASDAQ:DISCA) was changed from Buy to Neutral. For the third quarter, Discovery had an EPS of $0.81, compared to year-ago quarter EPS of $0.87. The current stock performance of Discovery shows a 52-week-high of $49.94 and a 52-week-low of $17.12. Moreover, at the end of the last trading period, the closing price was at $41.42.

* Citigroup downgraded the previous rating for ViacomCBS Inc (NASDAQ:VIAC) from Buy to Neutral. For the third quarter, ViacomCBS had an EPS of $0.91, compared to year-ago quarter EPS of $1.10. The current stock performance of ViacomCBS shows a 52-week-high of $60.73 and a 52-week-low of $10.10. Moreover, at the end of the last trading period, the closing price was at $48.50.

* According to Berenberg, the prior rating for TechnipFMC PLC (NYSE:FTI) was changed from Buy to Hold. TechnipFMC earned $0.16 in the third quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.03 and a 52-week-low of $4.49. TechnipFMC closed at $10.69 at the end of the last trading period.

* For Cinemark Holdings Inc (NYSE:CNK), MKM Partners downgraded the previous rating of Buy to Neutral. Cinemark Hldgs earned $1.25 in the third quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Cinemark Hldgs shows a 52-week-high of $32.79 and a 52-week-low of $5.71. Moreover, at the end of the last trading period, the closing price was at $20.23.

* According to KeyBanc, the prior rating for Lowe's Companies Inc (NYSE:LOW) was changed from Overweight to Sector Weight. In the third quarter, Lowe's Companies showed an EPS of $1.98, compared to $1.41 from the year-ago quarter. The stock has a 52-week-high of $180.67 and a 52-week-low of $60.00. At the end of the last trading period, Lowe's Companies closed at $166.87.

* According to KeyBanc, the prior rating for Heartland Express Inc (NASDAQ:HTLD) was changed from Overweight to Sector Weight. For the fourth quarter, Heartland Express had an EPS of $0.22, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $22.75 and a 52-week-low of $15.65. At the end of the last trading period, Heartland Express closed at $18.77.

* For Bed Bath & Beyond Inc (NASDAQ:BBBY), KeyBanc downgraded the previous rating of Sector Weight to Underweight. For the third quarter, Bed Bath & Beyond had an EPS of $0.08, compared to year-ago quarter EPS of $0.38. The current stock performance of Bed Bath & Beyond shows a 52-week-high of $53.90 and a 52-week-low of $3.43. Moreover, at the end of the last trading period, the closing price was at $35.33.

See all analyst ratings downgrades.



Initiations

* With a Hold rating, Deutsche Bank initiated coverage on Li Auto Inc (NASDAQ:LI). The price target seems to have been set at $35.00 for Li Auto Inc. Li Auto Inc earned $0.00 in the third quarter. At the moment, the stock has a 52-week-high of $47.70 and a 52-week-low of $14.31. Li Auto Inc closed at $32.25 at the end of the last trading period.

* With a Buy rating, UBS initiated coverage on Omeros Corp (NASDAQ:OMER). The price target seems to have been set at $25.00 for Omeros. For the third quarter, Omeros had an EPS of $0.43, compared to year-ago quarter EPS of $0.33. The stock has a 52-week-high of $25.46 and a 52-week-low of $8.50. At the end of the last trading period, Omeros closed at $19.46.

* UBS initiated coverage on BioXcel Therapeutics Inc (NASDAQ:BTAI) with a Buy rating. The price target for BioXcel Therapeutics is set to $99.00. For the third quarter, BioXcel Therapeutics had an EPS of $1.07, compared to year-ago quarter EPS of $0.57. The stock has a 52-week-high of $71.50 and a 52-week-low of $13.77. At the end of the last trading period, BioXcel Therapeutics closed at $46.32.

* With a Neutral rating, UBS initiated coverage on Molecular Templates Inc (NASDAQ:MTEM). The price target seems to have been set at $13.00 for Molecular Templates. In the third quarter, Molecular Templates showed an EPS of $0.47, compared to $0.44 from the year-ago quarter. The stock has a 52-week-high of $19.12 and a 52-week-low of $7.51. At the end of the last trading period, Molecular Templates closed at $11.45.

* CIBC initiated coverage on Ballard Power Systems Inc (NASDAQ:BLDP) with a Neutral rating. The price target for Ballard Power Systems is set to $38.00. For the third quarter, Ballard Power Systems had an EPS of $0.05, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $38.68 and a 52-week-low of $6.95. At the end of the last trading period, Ballard Power Systems closed at $34.17.

* ScotiaBank initiated coverage on Diamondback Energy Inc (NASDAQ:FANG) with a Sector Outperform rating. In the third quarter, Diamondback Energy showed an EPS of $0.62, compared to $1.47 from the year-ago quarter. The stock has a 52-week-high of $81.59 and a 52-week-low of $14.55. At the end of the last trading period, Diamondback Energy closed at $56.69.

* With a Sector Perform rating, ScotiaBank initiated coverage on Cimarex Energy Co (NYSE:XEC). The price target seems to have been set at $50.00 for Cimarex Energy. In the third quarter, Cimarex Energy showed an EPS of $0.51, compared to $0.91 from the year-ago quarter. The stock has a 52-week-high of $50.22 and a 52-week-low of $12.15. At the end of the last trading period, Cimarex Energy closed at $42.15.

* With a Buy rating, Canaccord Genuity initiated coverage on BTRS Holdings Inc (NASDAQ:BTRS). The price target seems to have been set at $22.00 for BTRS Holdings. At the moment, the stock has a 52-week-high of $18.00 and a 52-week-low of $15.00. BTRS Holdings closed at $16.20 at the end of the last trading period.

* With a Buy rating, HC Wainwright & Co. initiated coverage on FibroGen Inc (NASDAQ:FGEN). The price target seems to have been set at $58.00 for FibroGen. FibroGen earned $0.35 in the third quarter, compared to $0.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $51.56 and a 52-week-low of $22.65. FibroGen closed at $48.18 at the end of the last trading period.

* SVB Leerink initiated coverage on Lantheus Holdings Inc (NASDAQ:LNTH) with an Outperform rating. The price target for Lantheus Holdings is set to $24.00. In the third quarter, Lantheus Holdings showed an EPS of $0.04, compared to $0.28 from the year-ago quarter. The stock has a 52-week-high of $18.51 and a 52-week-low of $8.67. At the end of the last trading period, Lantheus Holdings closed at $16.27.

* HC Wainwright & Co. initiated coverage on Cullinan Management Inc (NASDAQ:CGEM) with a Buy rating. The price target for Cullinan Management is set to $47.00. The current stock performance of Cullinan Management shows a 52-week-high of $43.00 and a 52-week-low of $27.01. Moreover, at the end of the last trading period, the closing price was at $38.01.

See all analyst ratings initiations.