Benzinga | Nov 11, 2020 09:53AM EST

Benzinga's Top Upgrades, Downgrades For November 11, 2020

Upgrades

* For Yelp Inc (NYSE:YELP), Evercore ISI Group upgraded the previous rating of In-Line to the current rating Outperform. For the third quarter, Yelp had an EPS of $0.01, compared to year-ago quarter EPS of $0.21. The current stock performance of Yelp shows a 52-week-high of 37.49 and a 52-week-low of 12.885. Moreover, at the end of the last trading period, the closing price was at $28.67.

* For Tapestry Inc (NYSE:TPR), Cowen & Co. upgraded the previous rating of Market Perform to the current rating Outperform. For the first quarter, Tapestry had an EPS of $0.58, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of 30.4 and a 52-week-low of 10.18. At the end of the last trading period, Tapestry closed at $26.00.

* According to B of A Securities, the prior rating for Eaton Corp PLC (NYSE:ETN) was changed from Neutral to Buy. In the third quarter, Eaton Corp showed an EPS of $1.18, compared to $1.52 from the year-ago quarter. At the moment, the stock has a 52-week-high of 119.48 and a 52-week-low of 56.415. Eaton Corp closed at $114.88 at the end of the last trading period.

* According to Susquehanna, the prior rating for D.R. Horton Inc (NYSE:DHI) was changed from Neutral to Positive. In the fourth quarter, D.R. Horton showed an EPS of $2.24, compared to $1.35 from the year-ago quarter. At the moment, the stock has a 52-week-high of 81.21 and a 52-week-low of 25.51. D.R. Horton closed at $70.88 at the end of the last trading period.

* For CNH Industrial NV (NYSE:CNHI), B of A Securities upgraded the previous rating of Neutral to the current rating Buy. In the third quarter, CNH Industrial showed an EPS of $0.11, compared to $0.16 from the year-ago quarter. The current stock performance of CNH Industrial shows a 52-week-high of 11.31 and a 52-week-low of 5.06. Moreover, at the end of the last trading period, the closing price was at $9.52.

* For Bank of New York Mellon Corp (NYSE:BK), Deutsche Bank upgraded the previous rating of Hold to the current rating Buy. In the third quarter, Bank of New York Mellon showed an EPS of $0.98, compared to $1.07 from the year-ago quarter. The current stock performance of Bank of New York Mellon shows a 52-week-high of 51.6 and a 52-week-low of 26.4. Moreover, at the end of the last trading period, the closing price was at $39.22.

* For Allegion PLC (NYSE:ALLE), B of A Securities upgraded the previous rating of Neutral to the current rating Buy. In the third quarter, Allegion showed an EPS of $1.67, compared to $1.47 from the year-ago quarter. At the moment, the stock has a 52-week-high of 139.244 and a 52-week-low of 77.37. Allegion closed at $115.09 at the end of the last trading period.

* Deutsche Bank upgraded the previous rating for State Street Corporation (NYSE:STT) from Hold to Buy. For the third quarter, State Street had an EPS of $1.45, compared to year-ago quarter EPS of $1.51. At the moment, the stock has a 52-week-high of 85.89 and a 52-week-low of 42.1. State Street closed at $70.04 at the end of the last trading period.

* According to Deutsche Bank, the prior rating for Charles Schwab Corp (NYSE:SCHW) was changed from Hold to Buy. Charles Schwab earned $0.48 in the third quarter, compared to $0.74 in the year-ago quarter. The stock has a 52-week-high of 51.645 and a 52-week-low of 28.0. At the end of the last trading period, Charles Schwab closed at $46.42.

* According to Roth Capital, the prior rating for Myomo Inc (AMEX:MYO) was changed from Neutral to Buy. Myomo earned $0.65 in the third quarter, compared to $0.16 in the year-ago quarter. At the moment, the stock has a 52-week-high of 40.0 and a 52-week-low of 0.26. Myomo closed at $4.83 at the end of the last trading period.

* JP Morgan upgraded the previous rating for Five Prime Therapeutics Inc (NASDAQ:FPRX) from Underweight to Neutral. Five Prime Therapeutics earned $0.74 in the third quarter, compared to $1.03 in the year-ago quarter. The stock has a 52-week-high of 7.34 and a 52-week-low of 1.75. At the end of the last trading period, Five Prime Therapeutics closed at $5.34.

* For CrowdStrike Holdings Inc (NASDAQ:CRWD), Baird upgraded the previous rating of Neutral to the current rating Outperform. CrowdStrike Holdings earned $0.03 in the second quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of 153.9 and a 52-week-low of 31.95. CrowdStrike Holdings closed at $123.50 at the end of the last trading period.

* According to Cantor Fitzgerald, the prior rating for Abeona Therapeutics Inc (NASDAQ:ABEO) was changed from Neutral to Overweight. In the third quarter, Abeona Therapeutics showed an EPS of $0.08, compared to $0.35 from the year-ago quarter. The current stock performance of Abeona Therapeutics shows a 52-week-high of 5.19 and a 52-week-low of 0.9895. Moreover, at the end of the last trading period, the closing price was at $1.15.



Downgrades

* For Pentair PLC (NYSE:PNR), B of A Securities downgraded the previous rating of Buy to the current rating Underperform. Pentair earned $0.70 in the third quarter, compared to $0.58 in the year-ago quarter. At the moment, the stock has a 52-week-high of 58.82 and a 52-week-low of 22.01. Pentair closed at $53.81 at the end of the last trading period.

* According to Stifel, the prior rating for Coherent Inc (NASDAQ:COHR) was changed from Buy to Hold. Coherent earned $1.01 in the fourth quarter, compared to $0.89 in the year-ago quarter. The current stock performance of Coherent shows a 52-week-high of 178.08 and a 52-week-low of 78.21. Moreover, at the end of the last trading period, the closing price was at $137.07.

* Oppenheimer downgraded the previous rating for Voyager Therapeutics Inc (NASDAQ:VYGR) from Outperform to Perform. In the third quarter, Voyager Therapeutics showed an EPS of $2.27, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of 15.26 and a 52-week-low of 6.26. At the end of the last trading period, Voyager Therapeutics closed at $8.60.

* According to JP Morgan, the prior rating for Reinsurance Group of America Inc (NYSE:RGA) was changed from Overweight to Neutral. Reinsurance Group earned $3.51 in the third quarter, compared to $4.02 in the year-ago quarter. The stock has a 52-week-high of 168.44 and a 52-week-low of 55.39. At the end of the last trading period, Reinsurance Group closed at $117.93.

* According to Longbow Research, the prior rating for Dave & Buster's Entertainment Inc (NASDAQ:PLAY) was changed from Buy to Neutral. For the second quarter, Dave & Buster's Enter had an EPS of $1.24, compared to year-ago quarter EPS of $0.90. The stock has a 52-week-high of 48.8 and a 52-week-low of 4.605. At the end of the last trading period, Dave & Buster's Enter closed at $23.69.

* According to JP Morgan, the prior rating for Occidental Petroleum Corp (NYSE:OXY) was changed from Neutral to Underweight. For the third quarter, Occidental Petroleum had an EPS of $0.84, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of 47.58 and a 52-week-low of 8.52. At the end of the last trading period, Occidental Petroleum closed at $12.37.

* For Datadog Inc (NASDAQ:DDOG), JP Morgan downgraded the previous rating of Overweight to the current rating Neutral. For the third quarter, Datadog had an EPS of $0.05, compared to year-ago quarter EPS of $0.00. The current stock performance of Datadog shows a 52-week-high of 118.13 and a 52-week-low of 28.88. Moreover, at the end of the last trading period, the closing price was at $92.60.

* BMO Capital downgraded the previous rating for CIT Group Inc (NYSE:CIT) from Outperform to Market Perform. In the third quarter, CIT Group showed an EPS of $0.84, compared to $1.29 from the year-ago quarter. The current stock performance of CIT Group shows a 52-week-high of 48.96 and a 52-week-low of 12.02. Moreover, at the end of the last trading period, the closing price was at $34.49.

* For American International Group Inc (NYSE:AIG), Goldman Sachs downgraded the previous rating of Buy to the current rating Neutral. American Intl Gr earned $0.81 in the third quarter, compared to $0.56 in the year-ago quarter. The current stock performance of American Intl Gr shows a 52-week-high of 56.42 and a 52-week-low of 16.07. Moreover, at the end of the last trading period, the closing price was at $38.23.



Initiations

* Stephens & Co. initiated coverage on Griffon Corp (NYSE:GFF) with an Overweight rating. The price target for Griffon is set to $30.00. For the third quarter, Griffon had an EPS of $0.59, compared to year-ago quarter EPS of $0.31. The current stock performance of Griffon shows a 52-week-high of 27.53 and a 52-week-low of 9.15. Moreover, at the end of the last trading period, the closing price was at $23.95.

* BMO Capital initiated coverage on Sibanye Stillwater Ltd (NYSE:SBSW) with an Outperform rating. The price target for Sibanye Stillwater is set to $20.00. The current stock performance of Sibanye Stillwater shows a 52-week-high of 14.63 and a 52-week-low of 3.5. Moreover, at the end of the last trading period, the closing price was at $13.36.

* Jefferies initiated coverage on StoneX Group Inc (NASDAQ:SNEX) with a Buy rating. The price target for StoneX Group is set to $70.00. For the third quarter, StoneX Group had an EPS of $1.87, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of 61.14 and a 52-week-low of 48.29. StoneX Group closed at $60.54 at the end of the last trading period.

* Stephens & Co. initiated coverage on Phreesia Inc (NYSE:PHR) with an Overweight rating. The price target for Phreesia is set to $50.00. In the second quarter, Phreesia showed an EPS of $0.08, compared to $1.10 from the year-ago quarter. The current stock performance of Phreesia shows a 52-week-high of 43.34 and a 52-week-low of 16.01. Moreover, at the end of the last trading period, the closing price was at $40.49.

* With a current rating of Buy, Mizuho initiated coverage on Kadmon Holdings Inc (NASDAQ:KDMN). The price target seems to have been set at $13.00 for Kadmon Holdings. For the third quarter, Kadmon Holdings had an EPS of $0.15, compared to year-ago quarter EPS of $0.49. The stock has a 52-week-high of 5.5 and a 52-week-low of 2.3. At the end of the last trading period, Kadmon Holdings closed at $3.32.