Benzinga | Nov 6, 2020 09:31AM EST

Benzinga's Top Upgrades, Downgrades For November 6, 2020

Upgrades

* Needham upgraded the previous rating for Appian Corp (NASDAQ:APPN) from Hold to Buy. Appian earned $0.00 in the third quarter, compared to $0.14 in the year-ago quarter. The current stock performance of Appian shows a 52-week-high of 84.81 and a 52-week-low of 29.07. Moreover, at the end of the last trading period, the closing price was at $75.22.

* According to RBC Capital, the prior rating for Zillow Group Inc (NASDAQ:ZG) was changed from Sector Perform to Outperform. Zillow Gr earned $0.37 in the third quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of 112.2074 and a 52-week-low of 18.65. Zillow Gr closed at $104.11 at the end of the last trading period.

* For Niu Technologies (NASDAQ:NIU), Citigroup upgraded the previous rating of Neutral to the current rating Buy. In the second quarter, Niu Technologies showed an EPS of $0.10, compared to $0.10 from the year-ago quarter. The current stock performance of Niu Technologies shows a 52-week-high of 34.02 and a 52-week-low of 6.08. Moreover, at the end of the last trading period, the closing price was at $31.74.

* For Farfetch Ltd (NYSE:FTCH), Wells Fargo upgraded the previous rating of Underweight to the current rating Equal-Weight. In the second quarter, Farfetch showed an EPS of $0.20, compared to $0.15 from the year-ago quarter. The stock has a 52-week-high of 38.03 and a 52-week-low of 5.99. At the end of the last trading period, Farfetch closed at $37.80.

* For EOG Resources Inc (NYSE:EOG), B of A Securities upgraded the previous rating of Neutral to the current rating Buy. For the third quarter, EOG Resources had an EPS of $0.43, compared to year-ago quarter EPS of $1.13. The current stock performance of EOG Resources shows a 52-week-high of 89.54 and a 52-week-low of 27.0001. Moreover, at the end of the last trading period, the closing price was at $35.59.

* Benchmark upgraded the previous rating for Cooper-Standard Holdings Inc (NYSE:CPS) from Hold to Buy. Cooper-Standard Holdings earned $0.21 in the third quarter, compared to $0.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of 39.32 and a 52-week-low of 6.64. Cooper-Standard Holdings closed at $20.00 at the end of the last trading period.

* According to RBC Capital, the prior rating for Yelp Inc (NYSE:YELP) was changed from Sector Perform to Outperform. In the third quarter, Yelp showed an EPS of $0.01, compared to $0.21 from the year-ago quarter. The stock has a 52-week-high of 37.49 and a 52-week-low of 12.885. At the end of the last trading period, Yelp closed at $22.01.

* For Ternium SA (NYSE:TX), JP Morgan upgraded the previous rating of Neutral to the current rating Overweight. Ternium earned $0.74 in the third quarter, compared to $0.48 in the year-ago quarter. The stock has a 52-week-high of 23.6472 and a 52-week-low of 9.59. At the end of the last trading period, Ternium closed at $21.19.

* According to RBC Capital, the prior rating for Olin Corp (NYSE:OLN) was changed from Underperform to Sector Perform. In the third quarter, Olin showed an EPS of $0.23, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of 20.4 and a 52-week-low of 8.76. At the end of the last trading period, Olin closed at $20.26.

* According to Wells Fargo, the prior rating for Advanced Micro Devices Inc (NASDAQ:AMD) was changed from Equal-Weight to Overweight. Advanced Micro Devices earned $0.41 in the third quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Advanced Micro Devices shows a 52-week-high of 94.28 and a 52-week-low of 35.52. Moreover, at the end of the last trading period, the closing price was at $83.00.



Downgrades

* For SAP SE (NYSE:SAP), Citigroup downgraded the previous rating of Buy to the current rating Neutral. For the third quarter, SAP had an EPS of $1.99, compared to year-ago quarter EPS of $1.42. At the moment, the stock has a 52-week-high of 169.3 and a 52-week-low of 90.895. SAP closed at $115.70 at the end of the last trading period.

* JP Morgan downgraded the previous rating for New Relic Inc (NYSE:NEWR) from Neutral to Underweight. In the second quarter, New Relic showed an EPS of $0.07, compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of 74.2 and a 52-week-low of 33.49. At the end of the last trading period, New Relic closed at $65.13.

* According to Citigroup, the prior rating for Microchip Technology Inc (NASDAQ:MCHP) was changed from Buy to Neutral. In the second quarter, Microchip Technology showed an EPS of $1.56, compared to $1.43 from the year-ago quarter. The stock has a 52-week-high of 118.63 and a 52-week-low of 53.15. At the end of the last trading period, Microchip Technology closed at $118.38.

* For FedNat Holding Co (NASDAQ:FNHC), Raymond James downgraded the previous rating of Outperform to the current rating Market Perform. FedNat Holding earned $1.57 in the third quarter, compared to $0.33 in the year-ago quarter. The stock has a 52-week-high of 16.87 and a 52-week-low of 4.9001. At the end of the last trading period, FedNat Holding closed at $5.09.

* According to Piper Sandler, the prior rating for Electronic Arts Inc (NASDAQ:EA) was changed from Overweight to Neutral. Electronic Arts earned $0.05 in the second quarter, compared to $0.97 in the year-ago quarter. The stock has a 52-week-high of 147.36 and a 52-week-low of 85.69. At the end of the last trading period, Electronic Arts closed at $128.33.

* For Diodes Inc (NASDAQ:DIOD), Wells Fargo downgraded the previous rating of Overweight to the current rating Equal-Weight. For the second quarter, Diodes had an EPS of $0.54, compared to year-ago quarter EPS of $0.77. At the moment, the stock has a 52-week-high of 64.37 and a 52-week-low of 31.512. Diodes closed at $63.02 at the end of the last trading period.

* Jefferies downgraded the previous rating for Vulcan Materials Co (NYSE:VMC) from Buy to Hold. Vulcan Materials earned $1.56 in the third quarter, compared to $1.68 in the year-ago quarter. At the moment, the stock has a 52-week-high of 153.88 and a 52-week-low of 65.56. Vulcan Materials closed at $137.38 at the end of the last trading period.

* According to Goldman Sachs, the prior rating for Univar Solutions Inc (NYSE:UNVR) was changed from Buy to Neutral. In the third quarter, Univar Solns showed an EPS of $0.34, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of 24.77 and a 52-week-low of 6.4. Univar Solns closed at $17.67 at the end of the last trading period.

* According to Oppenheimer, the prior rating for Personalis Inc (NASDAQ:PSNL) was changed from Outperform to Perform. For the third quarter, Personalis had an EPS of $0.27, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of 30.95 and a 52-week-low of 4.27. Personalis closed at $26.77 at the end of the last trading period.

* According to JP Morgan, the prior rating for Pluralsight Inc (NASDAQ:PS) was changed from Overweight to Neutral. For the third quarter, Pluralsight had an EPS of $0.00, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of 22.69 and a 52-week-low of 6.59. At the end of the last trading period, Pluralsight closed at $19.00.

* According to Jefferies, the prior rating for Martin Marietta Materials Inc (NYSE:MLM) was changed from Buy to Hold. Martin Marietta Materials earned $3.84 in the third quarter, compared to $3.96 in the year-ago quarter. At the moment, the stock has a 52-week-high of 281.82 and a 52-week-low of 135.08. Martin Marietta Materials closed at $260.07 at the end of the last trading period.

* Credit Suisse downgraded the previous rating for Hudson Ltd (NYSE:HUD) from Outperform to Neutral. Hudson earned No EPS Value in the third quarter, compared to $0.26 in the year-ago quarter. The current stock performance of Hudson shows a 52-week-high of 15.87 and a 52-week-low of 2.26. Moreover, at the end of the last trading period, the closing price was at $7.65.

* According to Raymond James, the prior rating for Global Blood Therapeutics Inc (NASDAQ:GBT) was changed from Outperform to Market Perform. For the third quarter, Global Blood Therapeutics had an EPS of $0.97, compared to year-ago quarter EPS of $1.07. The current stock performance of Global Blood Therapeutics shows a 52-week-high of 87.54 and a 52-week-low of 39.95. Moreover, at the end of the last trading period, the closing price was at $60.31.

* Cantor Fitzgerald downgraded the previous rating for Benefitfocus Inc (NASDAQ:BNFT) from Overweight to Neutral. For the third quarter, Benefitfocus had an EPS of $0.08, compared to year-ago quarter EPS of $0.23. The current stock performance of Benefitfocus shows a 52-week-high of 25.505 and a 52-week-low of 6.09. Moreover, at the end of the last trading period, the closing price was at $10.90.

* Piper Sandler downgraded the previous rating for BeiGene Ltd (NASDAQ:BGNE) from Neutral to Underweight. In the third quarter, BeiGene showed an EPS of $4.81, compared to $5.11 from the year-ago quarter. The current stock performance of BeiGene shows a 52-week-high of 322.98 and a 52-week-low of 118.55. Moreover, at the end of the last trading period, the closing price was at $300.00.

* Jefferies downgraded the previous rating for Assembly Biosciences Inc (NASDAQ:ASMB) from Buy to Hold. For the third quarter, Assembly Biosciences had an EPS of $0.09, compared to year-ago quarter EPS of $0.96. The stock has a 52-week-high of 27.84 and a 52-week-low of 10.23. At the end of the last trading period, Assembly Biosciences closed at $15.90.

* For American Superconductor Corp (NASDAQ:AMSC), Canaccord Genuity downgraded the previous rating of Buy to the current rating Hold. For the second quarter, American Superconductor had an EPS of $0.13, compared to year-ago quarter EPS of $0.07. The current stock performance of American Superconductor shows a 52-week-high of 18.5 and a 52-week-low of 4.4. Moreover, at the end of the last trading period, the closing price was at $14.63.