Benzinga | Feb 5, 2021 10:03AM EST

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



Upgrades

* For Sanmina Corp (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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.

See all analyst ratings upgrades.



Downgrades

* According to BTIG, the prior rating for ANGI Homeservices Inc (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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.

See all analyst ratings downgrades.



Initiations

* With a Buy rating, Roth Capital initiated coverage on Switchback Energy Acquisition Corp (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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.

See all analyst ratings initiations.