Benzinga | Sep 30, 2020 09:35AM EDT

Benzinga's Top Upgrades, Downgrades For September 30, 2020

Upgrades

* For Alarm.com Holdings Inc (NASDAQ:ALRM), Roth Capital upgraded the previous rating of Neutral to the current rating Buy. For the second quarter, Alarm.com Holdings had an EPS of $0.41, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of $74.66 and a 52-week-low of $32.00. At the end of the last trading period, Alarm.com Holdings closed at $55.89.

* Cowen & Co. upgraded the previous rating for Starbucks Corp (NASDAQ:SBUX) from Market Perform to Outperform. In the third quarter, Starbucks showed an EPS of $0.46, compared to $0.78 from the year-ago quarter. The stock has a 52-week-high of $94.13 and a 52-week-low of $50.02. At the end of the last trading period, Starbucks closed at $84.80.

* Wedbush upgraded the previous rating for Shopify Inc (NYSE:SHOP) from Neutral to Outperform. For the second quarter, Shopify had an EPS of $1.05, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $1146.91 and a 52-week-low of $282.08. Shopify closed at $1022.18 at the end of the last trading period.

* For Canada Goose Holdings Inc (NYSE:GOOS), Cowen & Co. upgraded the previous rating of Market Perform to the current rating Outperform. For the first quarter, Canada Goose Hldgs had an EPS of $0.25, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $45.09 and a 52-week-low of $12.94. Canada Goose Hldgs closed at $29.69 at the end of the last trading period.

* Raymond James upgraded the previous rating for Acadia Healthcare Co Inc (NASDAQ:ACHC) from Outperform to Strong Buy. For the second quarter, Acadia Healthcare Co had an EPS of $0.54, compared to year-ago quarter EPS of $0.61. The current stock performance of Acadia Healthcare Co shows a 52-week-high of $35.30 and a 52-week-low of $11.09. Moreover, at the end of the last trading period, the closing price was at $28.22.

* According to Stifel, the prior rating for Hasbro Inc (NASDAQ:HAS) was changed from Hold to Buy. In the second quarter, Hasbro showed an EPS of $0.02, compared to $0.78 from the year-ago quarter. At the moment, the stock has a 52-week-high of $123.05 and a 52-week-low of $41.33. Hasbro closed at $81.24 at the end of the last trading period.

* For Huntsman Corp (NYSE:HUN), Morgan Stanley upgraded the previous rating of Equal-Weight to the current rating Overweight. Huntsman earned $0.14 in the second quarter, compared to $0.63 in the year-ago quarter. The current stock performance of Huntsman shows a 52-week-high of $24.90 and a 52-week-low of $12.23. Moreover, at the end of the last trading period, the closing price was at $21.90.

* For Polaris Inc (NYSE:PII), Longbow Research upgraded the previous rating of Neutral to the current rating Buy. In the second quarter, Polaris showed an EPS of $1.30, compared to $1.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $110.30 and a 52-week-low of $37.35. Polaris closed at $91.35 at the end of the last trading period.

* According to Stifel, the prior rating for Spire Inc (NYSE:SR) was changed from Hold to Buy. In the third quarter, Spire showed an EPS of $0.07, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $87.96 and a 52-week-low of $50.58. Spire closed at $52.90 at the end of the last trading period.

Downgrades

* For Sunrun Inc (NASDAQ:RUN), Goldman Sachs downgraded the previous rating of Buy to the current rating Neutral. For the second quarter, Sunrun had an EPS of $0.11, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $75.27 and a 52-week-low of $7.83. At the end of the last trading period, Sunrun closed at $72.80.

* According to Wells Fargo, the prior rating for PBF Energy Inc (NYSE:PBF) was changed from Overweight to Equal-Weight. In the second quarter, PBF Energy showed an EPS of $3.19, compared to $0.83 from the year-ago quarter. The current stock performance of PBF Energy shows a 52-week-high of $34.91 and a 52-week-low of $5.19. Moreover, at the end of the last trading period, the closing price was at $5.89.

* Wells Fargo downgraded the previous rating for Ironwood Pharmaceuticals Inc (NASDAQ:IRWD) from Overweight to Equal-Weight. For the second quarter, Ironwood Pharmaceuticals had an EPS of $0.16, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $14.10 and a 52-week-low of $7.91. Ironwood Pharmaceuticals closed at $9.42 at the end of the last trading period.

* Goldman Sachs downgraded the previous rating for Masco Corp (NYSE:MAS) from Buy to Neutral. In the second quarter, Masco showed an EPS of $0.84, compared to $0.88 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 $56.10 at the end of the last trading period.



Initiations

* Maxim Group initiated coverage on electroCore Inc (NASDAQ:ECOR) with a Buy rating. The price target for electroCore is set to $3.00. In the second quarter, electroCore showed an EPS of $0.13, compared to $0.41 from the year-ago quarter. The current stock performance of electroCore shows a 52-week-high of $3.30 and a 52-week-low of $0.32. Moreover, at the end of the last trading period, the closing price was at $1.64.

* For Thermo Fisher Scientific Inc (NYSE:TMO), Atlantic Equities initiated coverage, by setting the current rating at Overweight. Thermo Fisher Scientific earned $3.89 in the second quarter, comparedto $3.04 in the year-ago quarter. The current stock performance of Thermo Fisher Scientific shows a 52-week-high of $441.96 and a 52-week-low of $250.21. Moreover, at the end of the last trading period, the closing price was at $434.59.

* For Neurocrine Biosciences Inc (NASDAQ:NBIX), Benchmark initiated coverage, by setting the current rating at Hold. For the second quarter, Neurocrine Biosciences had an EPS of $1.42, compared to year-ago quarter EPS of $0.71. The current stock performance of Neurocrine Biosciences shows a 52-week-high of $136.26 and a 52-week-low of $72.14. Moreover, at the end of the last trading period, the closing price was at $97.70.

* With a current rating of Overweight, Atlantic Equities initiated coverage on Illumina Inc (NASDAQ:ILMN). The price target seems to have been set at $355.00 for Illumina. For the second quarter, Illumina had an EPS of $0.62, compared to year-ago quarter EPS of $1.35. At the moment, the stock has a 52-week-high of $404.20 and a 52-week-low of $196.78. Illumina closed at $305.50 at the end of the last trading period.

* With a current rating of Outperform, Credit Suisse initiated coverage on American Financial Group Inc (NYSE:AFG). The price target seems to have been set at $95.00 for American Financial Group. American Financial Group earned $1.05 in the second quarter, compared to $2.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $115.03 and a 52-week-low of $44.01. American Financial Group closed at $66.16 at the end of the last trading period.

* Needham initiated coverage on Revolve Group Inc (NYSE:RVLV) with a Hold rating. In the second quarter, Revolve Group showed an EPS of $0.20, compared to $0.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.60 and a 52-week-low of $7.17. Revolve Group closed at $16.57 at the end of the last trading period.

* With a current rating of Outperform, Wolfe Research initiated coverage on At Home Group Inc (NYSE:HOME). The price target seems to have been set at $18.00 for At Home Group. At Home Group earned $1.41 in the second quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $23.92 and a 52-week-low of $1.20. At Home Group closed at $14.84 at the end of the last trading period.

* With a current rating of Buy, HSBC initiated coverage on Autohome Inc (NYSE:ATHM). The price target seems to have been set at $113.00 for Autohome. In the second quarter, Autohome showed an EPS of $1.04, compared to $1.04 from the year-ago quarter. The current stock performance of Autohome shows a 52-week-high of $97.91 and a 52-week-low of $59.54. Moreover, at the end of the last trading period, the closing price was at $90.76.

* With a current rating of Outperform, Wolfe Research initiated coverage on Five Below Inc (NASDAQ:FIVE). The price target seems to have been set at $150.00 for Five Below. In the second quarter, Five Below showed an EPS of $0.53, compared to $0.51 from the year-ago quarter. At the moment, the stock has a 52-week-high of $140.14 and a 52-week-low of $47.53. Five Below closed at $124.66 at the end of the last trading period.

* Wolfe Research initiated coverage on Floor & Decor Holdings Inc (NYSE:FND) with an Outperform rating. The price target for Floor & Decor Hldgs is set to $84.00. Floor & Decor Hldgs earned $0.13 in the second quarter, compared to $0.34 in the year-ago quarter. The stock has a 52-week-high of $77.12 and a 52-week-low of $24.36. At the end of the last trading period, Floor & Decor Hldgs closed at $73.36.

* With a current rating of Buy, Stifel initiated coverage on Turtle Beach Corp (NASDAQ:HEAR). The price target seems to have been set at $23.50 for Turtle Beach. Turtle Beach earned $0.42 in the second quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $20.95 and a 52-week-low of $4.05. Turtle Beach closed at $17.30 at the end of the last trading period.

* For Monro Inc (NASDAQ:MNRO), Wolfe Research initiated coverage, by setting the current rating at Peer Perform. Monro earned $0.15 in the first quarter, compared to $0.68 in the year-ago quarter. The current stock performance of Monro shows a 52-week-high of $81.56 and a 52-week-low of $37.09. Moreover, at the end of the last trading period, the closing price was at $40.30.

* With a current rating of Outperform, Oppenheimer initiated coverage on Perion Network Ltd (NASDAQ:PERI). The price target seems to have been set at $9.00 for Perion Network. For the second quarter, Perion Network had an EPS of $0.07, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $9.70 and a 52-week-low of $3.43. At the end of the last trading period, Perion Network closed at $6.32.

* Truist Securities initiated coverage on Marinus Pharmaceuticals Inc (NASDAQ:MRNS) with a Buy rating. The price target for Marinus Pharmaceuticals is set to $35.00. In the second quarter, Marinus Pharmaceuticals showed an EPS of $0.16, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $13.08 and a 52-week-low of $1.01. Marinus Pharmaceuticals closed at $11.62 at the end of the last trading period.

* With a current rating of Buy, MKM Partners initiated coverage on Zynga Inc (NASDAQ:ZNGA). The price target seems to have been set at $12.00 for Zynga. Zynga earned $0.10 in the second quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $10.69 and a 52-week-low of $5.63. At the end of the last trading period, Zynga closed at $9.12.