Benzinga | Oct 5, 2020 10:19AM EDT

Benzinga's Top Upgrades, Downgrades For October 5, 2020

Upgrades

* Cowen & Co. upgraded the previous rating for Sensata Technologies Holding PLC (NYSE:ST) from Market Perform to Outperform. For the second quarter, Sensata Technologies had an EPS of $0.18, compared to year-ago quarter EPS of $0.93. The stock has a 52-week-high of $54.72 and a 52-week-low of $18.25. At the end of the last trading period, Sensata Technologies closed at $43.61.

* According to Cantor Fitzgerald, the prior rating for Regeneron Pharmaceuticals Inc (NASDAQ:REGN) was changed from Neutral to Overweight. For the second quarter, Regeneron Pharmaceuticals had an EPS of $7.16, compared to year-ago quarter EPS of $6.04. The current stock performance of Regeneron Pharmaceuticals shows a 52-week-high of $664.64 and a 52-week-low of $272.26. Moreover, at the end of the last trading period, the closing price was at $564.80.

* For Altice USA Inc (NYSE:ATUS), Bernstein upgraded the previous rating of Market Perform to the current rating Outperform. For the second quarter, Altice USA had an EPS of $0.19, compared to year-ago quarter EPS of $0.13. The current stock performance of Altice USA shows a 52-week-high of $31.78 and a 52-week-low of $15.96. Moreover, at the end of the last trading period, the closing price was at $26.05.

* Raymond James upgraded the previous rating for Cogent Communications Holdings Inc (NASDAQ:CCOI) from Underperform to Market Perform. For the second quarter, Cogent Comms Hldgs had an EPS of $0.18, compared to year-ago quarter EPS of $0.16. The current stock performance of Cogent Comms Hldgs shows a 52-week-high of $92.96 and a 52-week-low of $53.46. Moreover, at the end of the last trading period, the closing price was at $60.40.

* For DocuSign Inc (NASDAQ:DOCU), Morgan Stanley upgraded the previous rating of Equal-Weight to the current rating Overweight. For the second quarter, DocuSign had an EPS of $0.17, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $290.23 and a 52-week-low of $59.77. At the end of the last trading period, DocuSign closed at $218.27.

* Barclays upgraded the previous rating for Helmerich & Payne Inc (NYSE:HP) from Underweight to Equal-Weight. Helmerich & Payne earned $0.34 in the third quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of $47.33 and a 52-week-low of $12.40. At the end of the last trading period, Helmerich & Payne closed at $14.02.

* Morgan Stanley upgraded the previous rating for Intuit Inc (NASDAQ:INTU) from Equal-Weight to Overweight. Intuit earned $1.81 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $360.00 and a 52-week-low of $187.68. Intuit closed at $321.89 at the end of the last trading period.

* According to Wells Fargo, the prior rating for JELD-WEN Holding Inc (NYSE:JELD) was changed from Equal-Weight to Overweight. In the second quarter, JELD-WEN Holding showed an EPS of $0.47, compared to $0.45 from the year-ago quarter. The current stock performance of JELD-WEN Holding shows a 52-week-high of $27.00 and a 52-week-low of $6.06. Moreover, at the end of the last trading period, the closing price was at $23.39.

* Baird upgraded the previous rating for Polaris Inc (NYSE:PII) from Neutral to Outperform. For the second quarter, Polaris had an EPS of $1.30, compared to year-ago quarter EPS of $1.73. The current stock performance of Polaris shows a 52-week-high of $110.30 and a 52-week-low of $37.35. Moreover, at the end of the last trading period, the closing price was at $99.58.



Downgrades

* For TopBuild Corp (NYSE:BLD), Benchmark downgraded the previous rating of Buy to the current rating Hold. For the second quarter, TopBuild had an EPS of $1.68, compared to year-ago quarter EPS of $1.43. The stock has a 52-week-high of $180.94 and a 52-week-low of $54.83. At the end of the last trading period, TopBuild closed at $179.75.

* Benchmark downgraded the previous rating for Installed Building Products Inc (NYSE:IBP) from Buy to Hold. In the second quarter, Installed Building Prods showed an EPS of $1.12, compared to $0.87 from the year-ago quarter. The current stock performance of Installed Building Prods shows a 52-week-high of $110.07 and a 52-week-low of $29.02. Moreover, at the end of the last trading period, the closing price was at $109.00.

* For Dunkin' Brands Group Inc (NASDAQ:DNKN), BTIG downgraded the previous rating of Buy to the current rating Neutral. In the second quarter, Dunkin Brands Group showed an EPS of $0.49, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $85.55 and a 52-week-low of $38.51. At the end of the last trading period, Dunkin Brands Group closed at $84.49.

* For AT&T Inc (NYSE:T), KeyBanc downgraded the previous rating of Sector Weight to the current rating Underweight. For the second quarter, AT&T had an EPS of $0.83, compared to year-ago quarter EPS of $0.89. The current stock performance of AT&T shows a 52-week-high of $39.70 and a 52-week-low of $26.08. Moreover, at the end of the last trading period, the closing price was at $28.68.

* KeyBanc downgraded the previous rating for American Campus Communities Inc (NYSE:ACC) from Overweight to Sector Weight. For the second quarter, American Campus had an EPS of $0.37, compared to year-ago quarter EPS of $0.56. The current stock performance of American Campus shows a 52-week-high of $50.94 and a 52-week-low of $20.13. Moreover, at the end of the last trading period, the closing price was at $37.79.



Initiations

* With a current rating of Buy, B of A Securities initiated coverage on Vir Biotechnology Inc (NASDAQ:VIR). The price target seems to have been set at $55.00 for Vir Biotechnology. Interestingly, in the second quarter, Vir Biotechnology's EPS was $0.27. The current stock performance of Vir Biotechnology shows a 52-week-high of $75.00 and a 52-week-low of $11.65. Moreover, at the end of the last trading period, the closing price was at $33.33.

* Compass Point initiated coverage on Park Hotels & Resorts Inc (NYSE:PK) with a Neutral rating. The price target for Park Hotels & Resorts is set to $11.50. Park Hotels & Resorts earned $0.75 in the second quarter, compared to $0.81 in the year-ago quarter. The current stock performance of Park Hotels & Resorts shows a 52-week-high of $26.58 and a 52-week-low of $3.99. Moreover, at the end of the last trading period, the closing price was at $10.59.

* R5 Capital initiated coverage on The Hain Celestial Group Inc (NASDAQ:HAIN) with a Hold rating. The price target for Hain Celestial Group is set to $37.00. Hain Celestial Group earned $0.32 in the fourth quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.95 and a 52-week-low of $18.12. Hain Celestial Group closed at $35.63 at the end of the last trading period.

* With a current rating of Buy, B of A Securities initiated coverage on CRISPR Therapeutics AG (NASDAQ:CRSP). The price target seems to have been set at $110.00 for CRISPR Therapeutics. CRISPR Therapeutics earned $1.30 in the second quarter, compared to $1.01 in the year-ago quarter. The stock has a 52-week-high of $105.12 and a 52-week-low of $32.30. At the end of the last trading period, CRISPR Therapeutics closed at $79.67.

* Atlantic Equities initiated coverage on Freshpet Inc (NASDAQ:FRPT) with an Overweight rating. The price target for Freshpet is set to $131.00. For the second quarter, Freshpet had an EPS of $0.00, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $116.60 and a 52-week-low of $40.79. Freshpet closed at $112.83 at the end of the last trading period.

* With a current rating of Equal-Weight, Morgan Stanley initiated coverage on Shopify Inc (NYSE:SHOP). The price target seems to have been set at $970.00 for Shopify. In the second quarter, Shopify showed an EPS of $1.05, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $1146.91 and a 52-week-low of $282.08. Shopify closed at $1029.72 at the end of the last trading period.

* With a current rating of Buy, Goldman Sachs initiated coverage on Translate Bio Inc (NASDAQ:TBIO). The price target seems to have been set at $19.00 for Translate Bio. Translate Bio earned $0.58 in the second quarter, compared to $0.55 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.09 and a 52-week-low of $6.80. Translate Bio closed at $13.00 at the end of the last trading period.

* With a current rating of Neutral, Compass Point initiated coverage on Host Hotels & Resorts Inc (NYSE:HST). The price target seems to have been set at $12.00 for Host Hotels & Resorts. Host Hotels & Resorts earned $0.26 in the second quarter, compared to $0.53 in the year-ago quarter. The current stock performance of Host Hotels & Resorts shows a 52-week-high of $18.90 and a 52-week-low of $7.86. Moreover, at the end of the last trading period, the closing price was at $11.30.

* With a current rating of Buy, Compass Point initiated coverage on Apple Hospitality REIT Inc (NYSE:APLE). The price target seems to have been set at $13.00 for Apple Hospitality REIT. In the second quarter, Apple Hospitality REIT showed an EPS of $0.11, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.88 and a 52-week-low of $4.48. Apple Hospitality REIT closed at $10.35 at the end of the last trading period.

* Barclays initiated coverage on Turning Point Brands Inc (NYSE:TPB) with an Overweight rating. The price target for Turning Point Brands is set to $38.00. For the second quarter, Turning Point Brands had an EPS of $0.71, compared to year-ago quarter EPS of $0.53. At the moment, the stock has a 52-week-high of $34.56 and a 52-week-low of $14.09. Turning Point Brands closed at $27.15 at the end of the last trading period.

* With a current rating of Equal-Weight, Barclays initiated coverage on Vector Group Ltd (NYSE:VGR). The price target seems to have been set at $11.00 for Vector Group. Vector Group earned $0.19 in the second quarter, compared to $0.29 in the year-ago quarter. The stock has a 52-week-high of $14.42 and a 52-week-low of $7.92. At the end of the last trading period, Vector Group closed at $10.01.