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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For October 25, 2022

Upgrades

According to Wells Fargo, the prior rating for Weber Inc (NYSE:WEBR) was changed from Underweight to Equal-Weight. In the third quarter, Weber showed an EPS of $0.07, compared to $157.84 from the year-ago quarter. The current stock performance of Weber shows a 52-week-high of $13.09 and a 52-week-low of $4.82. Moreover, at the end of the last trading period, the closing price was at $5.03.

According to Piper Sandler, the prior rating for Isabella Bank Corp (OTC:ISBA) was changed from Neutral to Overweight.

According to B of A Securities, the prior rating for Associated Banc-Corp (NYSE:ASB) was changed from Underperform to Neutral. Associated Banc earned $0.62 in the third quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $25.78 and a 52-week-low of $17.45. At the end of the last trading period, Associated Banc closed at $23.06.

According to B of A Securities, the prior rating for Hibbett Inc (NASDAQ:HIBB) was changed from Neutral to Buy. In the second quarter, Hibbett showed an EPS of $1.86, compared to $2.86 from the year-ago quarter. The stock has a 52-week-high of $74.98 and a 52-week-low of $39.58. At the end of the last trading period, Hibbett closed at $56.86.

According to Daiwa Capital, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from Neutral to Outperform. Netflix earned $3.10 in the third quarter, compared to $3.19 in the year-ago quarter. The stock has a 52-week-high of $609.99 and a 52-week-low of $162.71. At the end of the last trading period, Netflix closed at $282.45.

Wells Fargo upgraded the previous rating for Ross Stores Inc (NASDAQ:ROST) from Equal-Weight to Overweight. In the second quarter, Ross Stores showed an EPS of $1.11, compared to $1.39 from the year-ago quarter. The stock has a 52-week-high of $115.22 and a 52-week-low of $69.24. At the end of the last trading period, Ross Stores closed at $87.09.

According to Credit Suisse, the prior rating for ReNew Energy Global PLC (NASDAQ:RNW) was changed from Neutral to Outperform. For the first quarter, ReNew Energy Glb had an EPS of $0.00, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $8.97 and a 52-week-low of $5.02. At the end of the last trading period, ReNew Energy Glb closed at $5.28.

HSBC upgraded the previous rating for TechnipFMC PLC (NYSE:FTI) from Hold to Buy. For the second quarter, TechnipFMC had an EPS of $0.02, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $10.88 and a 52-week-low of $5.47. TechnipFMC closed at $10.61 at the end of the last trading period.

Piper Sandler upgraded the previous rating for Planet Fitness Inc (NYSE:PLNT) from Neutral to Overweight. In the second quarter, Planet Fitness showed an EPS of $0.38, compared to $0.21 from the year-ago quarter. The current stock performance of Planet Fitness shows a 52-week-high of $97.33 and a 52-week-low of $54.15. Moreover, at the end of the last trading period, the closing price was at $57.52.

See all analyst ratings upgrades.

Downgrades

According to Roth Capital, the prior rating for Denbury Inc (NYSE:DEN) was changed from Buy to Neutral. Denbury earned $1.69 in the second quarter, compared to $0.61 in the year-ago quarter. The current stock performance of Denbury shows a 52-week-high of $104.05 and a 52-week-low of $56.59. Moreover, at the end of the last trading period, the closing price was at $97.55.

William Blair downgraded the previous rating for Sientra Inc (NASDAQ:SIEN) from Outperform to Market Perform. In the second quarter, Sientra showed an EPS of $0.29, compared to $0.32 from the year-ago quarter. The current stock performance of Sientra shows a 52-week-high of $3.77 and a 52-week-low of $0.24. Moreover, at the end of the last trading period, the closing price was at $0.26.

Compass Point downgraded the previous rating for Argo Blockchain PLC (NASDAQ:ARBK) from Buy to Neutral. Argo Blockchain earned $0.82 in the second quarter, compared to $0.03 in the year-ago quarter. The current stock performance of Argo Blockchain shows a 52-week-high of $13.14 and a 52-week-low of $1.37. Moreover, at the end of the last trading period, the closing price was at $1.38.

According to Stifel, the prior rating for Brigham Minerals Inc (NYSE:MNRL) was changed from Buy to Hold. In the second quarter, Brigham Minerals showed an EPS of $0.78, compared to $0.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $33.64 and a 52-week-low of $20.53. Brigham Minerals closed at $30.58 at the end of the last trading period.

According to Jefferies, the prior rating for First Advantage Corp (NASDAQ:FA) was changed from Buy to Hold. First Advantage earned $0.25 in the second quarter, compared to $0.25 in the year-ago quarter. The current stock performance of First Advantage shows a 52-week-high of $21.01 and a 52-week-low of $11.68. Moreover, at the end of the last trading period, the closing price was at $14.62.

For Equinox Gold Corp (AMEX:EQX), RBC Capital downgraded the previous rating of Sector Perform to Underperform. In the second quarter, Equinox Gold showed an EPS of $0.16, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.07 and a 52-week-low of $2.90. Equinox Gold closed at $3.30 at the end of the last trading period.

For Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX), Credit Suisse downgraded the previous rating of Outperform to Neutral. Banco Latinoamericano earned $0.63 in the second quarter, compared to $0.36 in the year-ago quarter. The current stock performance of Banco Latinoamericano shows a 52-week-high of $17.35 and a 52-week-low of $12.58. Moreover, at the end of the last trading period, the closing price was at $14.73.

For Health Catalyst Inc (NASDAQ:HCAT), RBC Capital downgraded the previous rating of Outperform to Sector Perform. In the second quarter, Health Catalyst showed an EPS of $0.03, compared to $0.00 from the year-ago quarter. The current stock performance of Health Catalyst shows a 52-week-high of $40.65 and a 52-week-low of $8.36. Moreover, at the end of the last trading period, the closing price was at $8.78.

RBC Capital downgraded the previous rating for Equinox Gold Corp (AMEX:EQX) from Sector Perform to Underperform. For the second quarter, Equinox Gold had an EPS of $0.16, compared to year-ago quarter EPS of $0.01. The current stock performance of Equinox Gold shows a 52-week-high of $9.07 and a 52-week-low of $2.90. Moreover, at the end of the last trading period, the closing price was at $3.30.

For Arista Networks Inc (NYSE:ANET), Credit Suisse downgraded the previous rating of Outperform to Neutral. In the second quarter, Arista Networks showed an EPS of $1.08, compared to $0.68 from the year-ago quarter. The stock has a 52-week-high of $144.50 and a 52-week-low of $89.11. At the end of the last trading period, Arista Networks closed at $110.74.

According to JP Morgan, the prior rating for Tricida Inc (NASDAQ:TCDA) was changed from Neutral to Underweight. Tricida earned $0.37 in the second quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $13.85 and a 52-week-low of $0.56. At the end of the last trading period, Tricida closed at $0.60.

For Applied Genetic Technologies Corp (NASDAQ:AGTC), HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. For the fourth quarter, Applied Genetic Techs had an EPS of $0.36, compared to year-ago quarter EPS of $0.28. The current stock performance of Applied Genetic Techs shows a 52-week-high of $2.83 and a 52-week-low of $0.23. Moreover, at the end of the last trading period, the closing price was at $0.39.

According to Raymond James, the prior rating for Tremor International Ltd (NASDAQ:TRMR) was changed from Outperform to Market Perform. In the second quarter, Tremor Intl showed an EPS of $0.32, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.73 and a 52-week-low of $6.49. Tremor Intl closed at $7.93 at the end of the last trading period.

SVB Leerink downgraded the previous rating for Myovant Sciences Ltd (NYSE:MYOV) from Outperform to Market Perform. Myovant Sciences earned $0.22 in the first quarter, compared to $0.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.84 and a 52-week-low of $7.67. Myovant Sciences closed at $26.79 at the end of the last trading period.

Needham downgraded the previous rating for Tricida Inc (NASDAQ:TCDA) from Buy to Hold. For the second quarter, Tricida had an EPS of $0.37, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of $13.85 and a 52-week-low of $0.56. Tricida closed at $0.60 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Credit Suisse initiated coverage on Akili Inc (NASDAQ:AKLI) with an Outperform rating. The price target for Akili is set to $5.00. The stock has a 52-week-high of $37.58 and a 52-week-low of $1.78. At the end of the last trading period, Akili closed at $2.00.

Maxim Group initiated coverage on Icecure Medical Ltd (NASDAQ:ICCM) with a Buy rating. The price target for Icecure Medical is set to $3.00. None

With a Buy rating, UBS initiated coverage on Stem Inc (NYSE:STEM). The price target seems to have been set at $19.00 for Stem. In the second quarter, Stem showed an EPS of $0.21, compared to $1.00 from the year-ago quarter. The current stock performance of Stem shows a 52-week-high of $19.75 and a 52-week-low of $5.72. Moreover, at the end of the last trading period, the closing price was at $11.59.

UBS initiated coverage on Altus Power Inc (NYSE:AMPS) with a Buy rating. The price target for Altus Power is set to $14.00. Altus Power earned $0.02 in the second quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.71 and a 52-week-low of $4.26. Altus Power closed at $9.18 at the end of the last trading period.

UBS initiated coverage on NuScale Power Corp (NYSE:SMR) with a Neutral rating. The price target for NuScale Power is set to $13.00. NuScale Power earned $0.08 in the second quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.85 and a 52-week-low of $8.87. NuScale Power closed at $12.21 at the end of the last trading period.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Mainz Biomed BV (NASDAQ:MYNZ). The price target seems to have been set at $15.00 for Mainz Biomed. NoneThe stock has a 52-week-high of $30.00 and a 52-week-low of $6.06. At the end of the last trading period, Mainz Biomed closed at $6.63.

With an Overweight rating, Piper Sandler initiated coverage on Deckers Outdoor Corp (NYSE:DECK). The price target seems to have been set at $440.00 for Deckers Outdoor. Deckers Outdoor earned $1.66 in the first quarter, compared to $1.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $373.41 and a 52-week-low of $212.93. Deckers Outdoor closed at $361.62 at the end of the last trading period.

Truist Securities initiated coverage on PROCEPT BioRobotics Corp (NASDAQ:PRCT) with a Buy rating. The price target for PROCEPT BioRobotics is set to $58.00. PROCEPT BioRobotics earned $0.43 in the second quarter, compared to $2.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.40 and a 52-week-low of $15.38. PROCEPT BioRobotics closed at $42.85 at the end of the last trading period.

RBC Capital initiated coverage on Quaker Houghton (NYSE:KWR) with an Outperform rating. The price target for Quaker Houghton is set to $196.00. Quaker Houghton earned $1.32 in the second quarter, compared to $1.82 in the year-ago quarter. At the moment, the stock has a 52-week-high of $245.22 and a 52-week-low of $129.06. Quaker Houghton closed at $144.92 at the end of the last trading period.

Mizuho initiated coverage on Upstart Holdings Inc (NASDAQ:UPST) with an Underperform rating. The price target for Upstart Hldgs is set to $17.00. For the second quarter, Upstart Hldgs had an EPS of $0.01, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $161.00 and a 52-week-low of $20.12. At the end of the last trading period, Upstart Hldgs closed at $21.26.

Goldman Sachs initiated coverage on LSB Industries Inc (NYSE:LXU) with a Neutral rating. The price target for LSB Industries is set to $20.00. LSB Industries earned $1.22 in the second quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.45 and a 52-week-low of $9.06. LSB Industries closed at $16.11 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on LAVA Therapeutics NV (NASDAQ:LVTX) with a Buy rating. The price target for LAVA Therapeutics is set to $9.00. In the second quarter, LAVA Therapeutics showed an EPS of $0.31, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $6.90 and a 52-week-low of $2.28. LAVA Therapeutics closed at $4.26 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on Forward Air Corp (NASDAQ:FWRD). The price target seems to have been set at $120.00 for Forward Air. For the second quarter, Forward Air had an EPS of $2.04, compared to year-ago quarter EPS of $1.11. At the moment, the stock has a 52-week-high of $125.71 and a 52-week-low of $84.04. Forward Air closed at $98.98 at the end of the last trading period.

Jefferies initiated coverage on GXO Logistics Inc (NYSE:GXO) with a Buy rating. The price target for GXO Logistics is set to $70.00. In the second quarter, GXO Logistics showed an EPS of $0.68, compared to $0.10 from the year-ago quarter. The stock has a 52-week-high of $92.04 and a 52-week-low of $32.10. At the end of the last trading period, GXO Logistics closed at $33.20.

Jefferies initiated coverage on FedEx Corp (NYSE:FDX) with a Hold rating. The price target for FedEx is set to $170.00. For the first quarter, FedEx had an EPS of $3.44, compared to year-ago quarter EPS of $4.37. The stock has a 52-week-high of $266.79 and a 52-week-low of $141.92. At the end of the last trading period, FedEx closed at $154.76.

Jefferies initiated coverage on Landstar System Inc (NASDAQ:LSTR) with a Hold rating. The price target for Landstar System is set to $145.00. Landstar System earned $2.76 in the third quarter, compared to $2.58 in the year-ago quarter. The current stock performance of Landstar System shows a 52-week-high of $182.00 and a 52-week-low of $137.15. Moreover, at the end of the last trading period, the closing price was at $149.33.

With a Buy rating, Jefferies initiated coverage on XPO Logistics Inc (NYSE:XPO). The price target seems to have been set at $70.00 for XPO Logistics. In the second quarter, XPO Logistics showed an EPS of $1.81, compared to $1.86 from the year-ago quarter. The stock has a 52-week-high of $79.63 and a 52-week-low of $41.67. At the end of the last trading period, XPO Logistics closed at $47.27.

Jefferies initiated coverage on C.H. Robinson Worldwide Inc (NASDAQ:CHRW) with a Hold rating. The price target for C.H. Robinson Worldwide is set to $100.00. In the second quarter, C.H. Robinson Worldwide showed an EPS of $2.67, compared to $1.44 from the year-ago quarter. The current stock performance of C.H. Robinson Worldwide shows a 52-week-high of $121.23 and a 52-week-low of $86.57. Moreover, at the end of the last trading period, the closing price was at $94.44.

Jefferies initiated coverage on United Parcel Service Inc (NYSE:UPS) with a Buy rating. The price target for United Parcel Service is set to $190.00. United Parcel Service earned $2.99 in the third quarter, compared to $2.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $233.72 and a 52-week-low of $154.87. United Parcel Service closed at $167.55 at the end of the last trading period.

Rosenblatt initiated coverage on Innoviz Technologies Ltd (NASDAQ:INVZ) with a Neutral rating. The price target for Innoviz Technologies is set to $5.00. Innoviz Technologies earned $0.21 in the second quarter, compared to $0.58 in the year-ago quarter. The stock has a 52-week-high of $6.47 and a 52-week-low of $2.89. At the end of the last trading period, Innoviz Technologies closed at $4.53.

With a Buy rating, Rosenblatt initiated coverage on Ouster Inc (NYSE:OUST). The price target seems to have been set at $2.00 for Ouster. In the second quarter, Ouster showed an EPS of $0.16, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.54 and a 52-week-low of $0.76. Ouster closed at $0.93 at the end of the last trading period.

With a Neutral rating, Rosenblatt initiated coverage on Luminar Technologies Inc (NASDAQ:LAZR). The price target seems to have been set at $8.00 for Luminar Technologies. For the second quarter, Luminar Technologies had an EPS of $0.18, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $18.16 and a 52-week-low of $5.61. At the end of the last trading period, Luminar Technologies closed at $6.82.

With a Neutral rating, Piper Sandler initiated coverage on Caleres Inc (NYSE:CAL). The price target seems to have been set at $28.00 for Caleres. For the second quarter, Caleres had an EPS of $1.38, compared to year-ago quarter EPS of $1.19. At the moment, the stock has a 52-week-high of $31.13 and a 52-week-low of $17.82. Caleres closed at $26.11 at the end of the last trading period.

See all analyst ratings initiations.

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