Benzinga's Top Ratings Upgrades, Downgrades For October 25, 2021

Upgrades

• According to Wedbush, the prior rating for Regions Financial Corp RF was changed from Neutral to Outperform. Regions Financial earned $0.66 in the third quarter, compared to $0.52 in the year-ago quarter. The stock has a 52-week-high of $24.36 and a 52-week-low of $12.52. At the end of the last trading period, Regions Financial closed at $24.09.
• Stifel upgraded the previous rating for The Simply Good Foods Co SMPL from Hold to Buy. For the fourth quarter, Simply Good Foods had an EPS of $0.29, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $38.50 and a 52-week-low of $18.62. Simply Good Foods closed at $37.27 at the end of the last trading period.
• JP Morgan upgraded the previous rating for Vir Biotechnology Inc VIR from Underweight to Neutral. For the second quarter, Vir Biotechnology had an EPS of $0.46, compared to year-ago quarter EPS of $0.27. The current stock performance of Vir Biotechnology shows a 52-week-high of $141.01 and a 52-week-low of $25.31. Moreover, at the end of the last trading period, the closing price was at $40.21.
• According to Keybanc, the prior rating for Five9 Inc FIVN was changed from Sector Weight to Overweight. For the second quarter, Five9 had an EPS of $0.23, compared to year-ago quarter EPS of $0.21. The current stock performance of Five9 shows a 52-week-high of $211.68 and a 52-week-low of $130.32. Moreover, at the end of the last trading period, the closing price was at $161.43.

See all analyst ratings upgrades.

Downgrades

• For Casper Sleep Inc CSPR, Wedbush downgraded the previous rating of Outperform to Neutral. In the second quarter, Casper Sleep showed an EPS of $0.39, compared to $0.61 from the year-ago quarter. The stock has a 52-week-high of $12.00 and a 52-week-low of $4.01. At the end of the last trading period, Casper Sleep closed at $4.43.
• Raymond James downgraded the previous rating for Mercer International Inc MERC from Strong Buy to Outperform. In the second quarter, Mercer International showed an EPS of $0.32, compared to $0.13 from the year-ago quarter. The current stock performance of Mercer International shows a 52-week-high of $18.14 and a 52-week-low of $5.77. Moreover, at the end of the last trading period, the closing price was at $10.34.
• For Enbridge Inc ENB, Credit Suisse downgraded the previous rating of Outperform to Neutral. In the second quarter, Enbridge showed an EPS of $0.54, compared to $0.40 from the year-ago quarter. The current stock performance of Enbridge shows a 52-week-high of $43.21 and a 52-week-low of $26.97. Moreover, at the end of the last trading period, the closing price was at $42.80.
• Piper Sandler downgraded the previous rating for Isabella Bank Corp ISBA from Overweight to Neutral. The current stock performance of Isabella Bank shows a 52-week-high of $26.74 and a 52-week-low of $15.74. Moreover, at the end of the last trading period, the closing price was at $26.45.
• Citigroup downgraded the previous rating for Carnival Corp CCL from Buy to Neutral. In the third quarter, Carnival showed an EPS of $1.75, compared to $2.19 from the year-ago quarter. The current stock performance of Carnival shows a 52-week-high of $31.52 and a 52-week-low of $12.11. Moreover, at the end of the last trading period, the closing price was at $22.29.
• According to Wells Fargo, the prior rating for Revance Therapeutics Inc RVNC was changed from Overweight to Equal-Weight. For the second quarter, Revance Therapeutics had an EPS of $1.07, compared to year-ago quarter EPS of $1.12. The current stock performance of Revance Therapeutics shows a 52-week-high of $33.83 and a 52-week-low of $13.01. Moreover, at the end of the last trading period, the closing price was at $15.44.
• According to Piper Sandler, the prior rating for Independent Bank Corp INDB was changed from Overweight to Neutral. For the third quarter, Independent Bank had an EPS of $1.25, compared to year-ago quarter EPS of $1.06. At the moment, the stock has a 52-week-high of $99.85 and a 52-week-low of $51.92. Independent Bank closed at $84.83 at the end of the last trading period.
• According to RBC Capital, the prior rating for Whirlpool Corp WHR was changed from Sector Perform to Underperform. For the third quarter, Whirlpool had an EPS of $6.68, compared to year-ago quarter EPS of $6.91. The current stock performance of Whirlpool shows a 52-week-high of $257.68 and a 52-week-low of $171.33. Moreover, at the end of the last trading period, the closing price was at $213.44.

See all analyst ratings downgrades.

Initiations

• Jefferies initiated coverage on Olaplex Holdings Inc OLPX with a Hold rating. The price target for Olaplex Hldgs is set to $30.00.  At the end of the last trading period, Olaplex Hldgs closed at $29.00.
• Roth Capital initiated coverage on AEye Inc LIDR with a Buy rating. The price target for AEye is set to $15.00.At the end of the last trading period, AEye closed at $4.20.
• TD Securities initiated coverage on BP PLC BP with a Hold rating. The price target for BP is set to $31.00. In the second quarter, BP showed an EPS of $0.83, compared to $1.98 from the year-ago quarter. The current stock performance of BP shows a 52-week-high of $30.29 and a 52-week-low of $14.74. Moreover, at the end of the last trading period, the closing price was at $29.51.
• With a Buy rating, Citigroup initiated coverage on Norwegian Cruise Line Holdings Ltd NCLH. The price target seems to have been set at $39.00 for Norwegian Cruise Line. Norwegian Cruise Line earned $1.93 in the second quarter, compared to $2.78 in the year-ago quarter. The stock has a 52-week-high of $34.48 and a 52-week-low of $14.77. At the end of the last trading period, Norwegian Cruise Line closed at $25.48.
• With a Buy rating, Berenberg initiated coverage on Wix.com Ltd WIX. The price target seems to have been set at $251.00 for Wix.com. For the second quarter, Wix.com had an EPS of $0.28, compared to year-ago quarter EPS of $0.26. The current stock performance of Wix.com shows a 52-week-high of $362.07 and a 52-week-low of $171.37. Moreover, at the end of the last trading period, the closing price was at $197.17.
• With an Outperform rating, Northland Capital Markets initiated coverage on Minim Inc MINM. The price target seems to have been set at $3.00 for Minim. In the second quarter, Minim showed an EPS of $0.04, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $5.70 and a 52-week-low of $1.52. At the end of the last trading period, Minim closed at $1.65.
• Bernstein initiated coverage on Micron Technology Inc MU with an Underperform rating. The price target for Micron Technology is set to $58.00. Micron Technology earned $2.42 in the fourth quarter, compared to $1.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $96.96 and a 52-week-low of $49.30. Micron Technology closed at $67.51 at the end of the last trading period.
• For Velo3D Inc VLD, William Blair initiated coverage, by setting the current rating at Outperform.  Moreover, at the end of the last trading period, the closing price was at $8.21.
• UBS initiated coverage on Amplitude Inc AMPL with a Buy rating. The price target for Amplitude is set to $78.00. In the second quarter, Amplitude showed an EPS of $0.15, compared to $0.08 from the year-ago quarter. At the end of the last trading period, Amplitude closed at $67.41.
• Stifel initiated coverage on Shapeways Holdings Inc SHPW with a Buy rating. The price target for Shapeways Hldgs is set to $13.00. At the end of the last trading period, Shapeways Hldgs closed at $8.23.
• With a Buy rating, Truist Securities initiated coverage on Olaplex Holdings Inc OLPX. The price target seems to have been set at $35.00 for Olaplex Hldgs. At the end of the last trading period, Olaplex Hldgs closed at $29.00.
• Oppenheimer initiated coverage on Valens Semiconductor Ltd VLN with an Outperform rating. The price target for Valens Semiconductor is set to $12.00. Valens Semiconductor closed at $7.55 at the end of the last trading period.
• With a Equal-Weight rating, Morgan Stanley initiated coverage on Warby Parker Inc WRBY. The price target seems to have been set at $57.00 for Warby Parker. Moreover, at the end of the last trading period, the closing price was at $56.93.
• With an Outperform rating, Raymond James initiated coverage on LumiraDx Ltd LMDX. The price target seems to have been set at $13.00 for LumiraDx. At the end of the last trading period, LumiraDx closed at $8.56.
• Benchmark initiated coverage on ImmunoPrecise Antibodies Ltd IPA with a Buy rating. The price target for ImmunoPrecise Antibodies is set to $12.00. In the first quarter, ImmunoPrecise Antibodies earned $0.14. The current stock performance of ImmunoPrecise Antibodies shows a 52-week-high of $33.34 and a 52-week-low of $5.05. Moreover, at the end of the last trading period, the closing price was at $6.19.
• HC Wainwright & Co. initiated coverage on AEterna Zentaris Inc AEZS with a Buy rating. The price target for AEterna Zentaris is set to $2.00. For the second quarter, AEterna Zentaris had an EPS of $0.02, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $3.62 and a 52-week-low of $0.29. AEterna Zentaris closed at $0.59 at the end of the last trading period.
• HC Wainwright & Co. initiated coverage on Biophytis SA BPTS with a Buy rating. The price target for Biophytis is set to $15.00. NoneThe current stock performance of Biophytis shows a 52-week-high of $18.50 and a 52-week-low of $6.00. Moreover, at the end of the last trading period, the closing price was at $6.09.
• Barclays initiated coverage on Gol Intelligent Airlines Inc GOL with an Overweight rating. The price target for Gol Intelligent Airlines is set to $8.00. In the second quarter, Gol Intelligent Airlines showed an EPS of $0.00, compared to $2.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.43 and a 52-week-low of $5.36. Gol Intelligent Airlines closed at $6.12 at the end of the last trading period.
• JP Morgan initiated coverage on Golden Entertainment Inc GDEN with an Overweight rating. The price target for Golden Entertainment is set to $60.00. For the second quarter, Golden Entertainment had an EPS of $3.26, compared to year-ago quarter EPS of $2.80. The current stock performance of Golden Entertainment shows a 52-week-high of $54.86 and a 52-week-low of $12.30. Moreover, at the end of the last trading period, the closing price was at $48.73.

See all analyst ratings initiations.