Benzinga's Top Ratings Upgrades, Downgrades For January 3, 2022

Upgrades

For nVent Electric PLC NVT, Vertical Research upgraded the previous rating of Hold to Buy. nVent Electric earned $0.53 in the third quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $38.48 and a 52-week-low of $21.81. At the end of the last trading period, nVent Electric closed at $38.00.

According to Susquehanna, the prior rating for Canadian Pacific Railway Ltd CP was changed from Neutral to Positive. In the third quarter, Canadian Pacific Railway showed an EPS of $0.70, compared to $0.62 from the year-ago quarter. The current stock performance of Canadian Pacific Railway shows a 52-week-high of $404.43 and a 52-week-low of $64.37. Moreover, at the end of the last trading period, the closing price was at $71.94.

BWS Financial upgraded the previous rating for Xperi Holding Corp XPER from Buy to Top Pick. Xperi Holding earned $0.53 in the third quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Xperi Holding shows a 52-week-high of $25.03 and a 52-week-low of $17.19. Moreover, at the end of the last trading period, the closing price was at $18.91.

Citigroup upgraded the previous rating for Vivid Seats Inc SEAT from Neutral to Buy. The current stock performance of Vivid Seats shows a 52-week-high of $11.25 and a 52-week-low of $9.38. Moreover, at the end of the last trading period, the closing price was at $10.88.

According to Barclays, the prior rating for Wells Fargo & Co WFC was changed from Equal-Weight to Overweight. For the third quarter, Wells Fargo had an EPS of $1.17, compared to year-ago quarter EPS of $0.42. The current stock performance of Wells Fargo shows a 52-week-high of $52.56 and a 52-week-low of $29.40. Moreover, at the end of the last trading period, the closing price was at $47.98.

Barclays upgraded the previous rating for Regions Financial Corp RF from Underweight to Equal-Weight. For the third quarter, Regions Financial had an EPS of $0.66, compared to year-ago quarter EPS of $0.52. The current stock performance of Regions Financial shows a 52-week-high of $24.89 and a 52-week-low of $15.72. Moreover, at the end of the last trading period, the closing price was at $21.80.

Guggenheim upgraded the previous rating for The Cooper Companies Inc COO from Neutral to Buy. In the fourth quarter, Cooper Companies showed an EPS of $3.28, compared to $3.16 from the year-ago quarter. The current stock performance of Cooper Companies shows a 52-week-high of $463.59 and a 52-week-low of $353.01. Moreover, at the end of the last trading period, the closing price was at $418.94.

According to Evercore ISI Group, the prior rating for NovoCure Ltd NVCR was changed from Underperform to In-Line. NovoCure earned $0.13 in the third quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of $232.76 and a 52-week-low of $74.90. At the end of the last trading period, NovoCure closed at $75.08.

According to Raymond James, the prior rating for II-VI Inc IIVI was changed from Market Perform to Outperform. For the first quarter, II-VI had an EPS of $0.87, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $100.44 and a 52-week-low of $54.35. II-VI closed at $68.33 at the end of the last trading period.

For Wolfspeed Inc WOLF, Piper Sandler upgraded the previous rating of Neutral to Overweight. Wolfspeed earned $0.21 in the first quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $114.50 and a 52-week-low of $102.09. Wolfspeed closed at $111.77 at the end of the last trading period.

Piper Sandler upgraded the previous rating for Alnylam Pharmaceuticals Inc ALNY from Neutral to Overweight. In the third quarter, Alnylam Pharmaceuticals showed an EPS of $1.51, compared to $1.58 from the year-ago quarter. At the moment, the stock has a 52-week-high of $212.00 and a 52-week-low of $124.00. Alnylam Pharmaceuticals closed at $169.58 at the end of the last trading period.

According to Barclays, the prior rating for PNC Financial Services Group Inc PNC was changed from Equal-Weight to Overweight. For the third quarter, PNC Financial Services Gr had an EPS of $3.75, compared to year-ago quarter EPS of $3.39. At the moment, the stock has a 52-week-high of $217.60 and a 52-week-low of $141.60. PNC Financial Services Gr closed at $200.52 at the end of the last trading period.

For Boston Properties Inc BXP, Deutsche Bank upgraded the previous rating of Hold to Buy. In the third quarter, Boston Properties showed an EPS of $1.73, compared to $1.57 from the year-ago quarter. The stock has a 52-week-high of $124.24 and a 52-week-low of $88.45. At the end of the last trading period, Boston Properties closed at $115.18.

For Regency Centers Corp REG, Deutsche Bank upgraded the previous rating of Hold to Buy. Regency Centers earned $1.12 in the third quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $78.06 and a 52-week-low of $43.49. At the end of the last trading period, Regency Centers closed at $75.35.

Deutsche Bank upgraded the previous rating for AvalonBay Communities Inc AVB from Hold to Buy. AvalonBay Communities earned $2.06 in the third quarter, compared to $2.06 in the year-ago quarter. The current stock performance of AvalonBay Communities shows a 52-week-high of $254.61 and a 52-week-low of $154.84. Moreover, at the end of the last trading period, the closing price was at $252.59.

For SL Green Realty Corp SLG, Deutsche Bank upgraded the previous rating of Hold to Buy. In the third quarter, SL Green Realty showed an EPS of $1.78, compared to $1.75 from the year-ago quarter. The stock has a 52-week-high of $85.65 and a 52-week-low of $56.33. At the end of the last trading period, SL Green Realty closed at $71.70.

According to BMO Capital, the prior rating for PayPal Holdings Inc PYPL was changed from Market Perform to Outperform. PayPal Holdings earned $1.11 in the third quarter, compared to $1.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $310.16 and a 52-week-low of $179.15. PayPal Holdings closed at $188.58 at the end of the last trading period.

For Regeneron Pharmaceuticals Inc REGN, Bernstein upgraded the previous rating of Market Perform to Outperform. In the third quarter, Regeneron Pharmaceuticals showed an EPS of $15.37, compared to $8.36 from the year-ago quarter. The stock has a 52-week-high of $686.62 and a 52-week-low of $441.00. At the end of the last trading period, Regeneron Pharmaceuticals closed at $631.52.

For McDonald's Corp MCD, Piper Sandler upgraded the previous rating of Neutral to Overweight. For the third quarter, McDonald's had an EPS of $2.76, compared to year-ago quarter EPS of $2.22. The stock has a 52-week-high of $269.72 and a 52-week-low of $202.73. At the end of the last trading period, McDonald's closed at $268.07.

Keybanc upgraded the previous rating for C.H. Robinson Worldwide Inc CHRW from Sector Weight to Overweight. C.H. Robinson Worldwide earned $1.85 in the third quarter, compared to $1.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $108.06 and a 52-week-low of $84.67. C.H. Robinson Worldwide closed at $107.63 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Carrier Global Corp CARR, Vertical Research downgraded the previous rating of Buy to Hold. For the third quarter, Carrier Global had an EPS of $0.71, compared to year-ago quarter EPS of $0.67. At the moment, the stock has a 52-week-high of $58.89 and a 52-week-low of $34.21. Carrier Global closed at $54.24 at the end of the last trading period.

According to Vertical Research, the prior rating for Fortive Corp FTV was changed from Buy to Hold. In the third quarter, Fortive showed an EPS of $0.66, compared to $0.94 from the year-ago quarter. The current stock performance of Fortive shows a 52-week-high of $79.87 and a 52-week-low of $64.58. Moreover, at the end of the last trading period, the closing price was at $76.29.

According to Vertical Research, the prior rating for Trane Technologies PLC TT was changed from Buy to Hold. In the third quarter, Trane Technologies showed an EPS of $1.80, compared to $1.72 from the year-ago quarter. NoneThe current stock performance of Trane Technologies shows a 52-week-high of $207.06 and a 52-week-low of $137.98. Moreover, at the end of the last trading period, the closing price was at $202.03.

For Navient Corp NAVI, Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Navient had an EPS of $0.92, compared to year-ago quarter EPS of $1.03. The stock has a 52-week-high of $23.80 and a 52-week-low of $9.69. At the end of the last trading period, Navient closed at $21.22.

Stephens & Co. downgraded the previous rating for Synchrony Financial SYF from Overweight to Equal-Weight. In the third quarter, Synchrony Finl showed an EPS of $2.00, compared to $0.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $52.49 and a 52-week-low of $33.41. Synchrony Finl closed at $46.39 at the end of the last trading period.

MKM Partners downgraded the previous rating for JetBlue Airways Corp JBLU from Neutral to Sell. For the third quarter, JetBlue Airways had an EPS of $0.12, compared to year-ago quarter EPS of $1.75. The current stock performance of JetBlue Airways shows a 52-week-high of $21.96 and a 52-week-low of $12.86. Moreover, at the end of the last trading period, the closing price was at $14.24.

MKM Partners downgraded the previous rating for Southwest Airlines Co LUV from Buy to Neutral. For the third quarter, Southwest Airlines had an EPS of $0.23, compared to year-ago quarter EPS of $1.99. NoneThe stock has a 52-week-high of $64.75 and a 52-week-low of $38.66. At the end of the last trading period, Southwest Airlines closed at $42.84.

According to MKM Partners, the prior rating for Spirit Airlines Inc SAVE was changed from Buy to Neutral. For the third quarter, Spirit Airlines had an EPS of $0.69, compared to year-ago quarter EPS of $2.32. The stock has a 52-week-high of $40.77 and a 52-week-low of $19.52. At the end of the last trading period, Spirit Airlines closed at $21.85.

For Genmab A/S GMAB, Guggenheim downgraded the previous rating of Buy to Neutral. In the third quarter, Genmab showed an EPS of $0.21, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $49.07 and a 52-week-low of $30.10. Genmab closed at $39.56 at the end of the last trading period.

Goldman Sachs downgraded the previous rating for Kingsoft Cloud Holdings Ltd KC from Buy to Neutral. For the third quarter, Kingsoft Cloud Holdings had an EPS of $0.22, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $74.67 and a 52-week-low of $13.70. Kingsoft Cloud Holdings closed at $15.75 at the end of the last trading period.

For Charter Communications Inc CHTR, Wolfe Research downgraded the previous rating of Peer Perform to Underperform. Charter Communications earned $6.50 in the third quarter, compared to $3.90 in the year-ago quarter. At the moment, the stock has a 52-week-high of $825.62 and a 52-week-low of $585.45. Charter Communications closed at $651.97 at the end of the last trading period.

Barclays downgraded the previous rating for U.S. Bancorp USB from Overweight to Equal-Weight. U.S. Bancorp earned $1.30 in the third quarter, compared to $0.99 in the year-ago quarter. The current stock performance of U.S. Bancorp shows a 52-week-high of $63.01 and a 52-week-low of $42.47. Moreover, at the end of the last trading period, the closing price was at $56.17.

For Ross Stores Inc ROST, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Ross Stores earned $1.09 in the third quarter, compared to $1.02 in the year-ago quarter. The current stock performance of Ross Stores shows a 52-week-high of $134.22 and a 52-week-low of $103.62. Moreover, at the end of the last trading period, the closing price was at $114.28.

Piper Sandler downgraded the previous rating for Cheesecake Factory Inc CAKE from Overweight to Neutral. For the third quarter, Cheesecake Factory had an EPS of $0.65, compared to year-ago quarter EPS of $0.33. At the moment, the stock has a 52-week-high of $65.81 and a 52-week-low of $34.64. Cheesecake Factory closed at $39.15 at the end of the last trading period.

For Restaurant Brands International Inc QSR, Piper Sandler downgraded the previous rating of Overweight to Neutral. In the third quarter, Restaurant Brands Intl showed an EPS of $0.76, compared to $0.68 from the year-ago quarter. The current stock performance of Restaurant Brands Intl shows a 52-week-high of $71.12 and a 52-week-low of $54.18. Moreover, at the end of the last trading period, the closing price was at $60.68.

For Exelon Corp EXC, Mizuho downgraded the previous rating of Buy to Neutral. In the third quarter, Exelon showed an EPS of $1.09, compared to $1.04 from the year-ago quarter. The stock has a 52-week-high of $58.01 and a 52-week-low of $38.35. At the end of the last trading period, Exelon closed at $57.76.

For Huntington Bancshares Inc HBAN, Barclays downgraded the previous rating of Equal-Weight to Underweight. Huntington Bancshares earned $0.35 in the third quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Huntington Bancshares shows a 52-week-high of $16.91 and a 52-week-low of $12.41. Moreover, at the end of the last trading period, the closing price was at $15.42.

For American Campus Communities Inc ACC, Deutsche Bank downgraded the previous rating of Buy to Hold. In the third quarter, American Campus showed an EPS of $0.40, compared to $0.32 from the year-ago quarter. The current stock performance of American Campus shows a 52-week-high of $57.83 and a 52-week-low of $40.01. Moreover, at the end of the last trading period, the closing price was at $57.29.

Deutsche Bank downgraded the previous rating for Kimco Realty Corp KIM from Buy to Hold. In the third quarter, Kimco Realty showed an EPS of $0.32, compared to $0.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.95 and a 52-week-low of $14.28. Kimco Realty closed at $24.65 at the end of the last trading period.

According to Deutsche Bank, the prior rating for Medical Properties Trust Inc MPW was changed from Buy to Hold. In the third quarter, Medical Properties Trust showed an EPS of $0.44, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $23.74 and a 52-week-low of $19.39. At the end of the last trading period, Medical Properties Trust closed at $23.63.

See all analyst ratings downgrades.

Initiations

Wolfe Research initiated coverage on HashiCorp Inc HCP with an Outperform rating. The price target for HashiCorp is set to $105.00. The stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. At the end of the last trading period, HashiCorp closed at $91.04.

With a Peer Perform rating, Wolfe Research initiated coverage on Americold Realty Trust COLD. The price target seems to have been set at $37.00 for Americold Realty Trust. Americold Realty Trust earned $0.23 in the third quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $40.85 and a 52-week-low of $27.88. At the end of the last trading period, Americold Realty Trust closed at $32.79.

Susquehanna initiated coverage on Nu Holdings Ltd NU with a Positive rating. The price target for Nu Holdings is set to $14.00. For the fourth quarter, Nu Holdings had an EPS of $0.69, compared to year-ago quarter EPS of $0.56. The stock has a 52-week-high of $10.58 and a 52-week-low of $8.75. At the end of the last trading period, Nu Holdings closed at $9.38.

With a Buy rating, Stifel initiated coverage on HashiCorp Inc HCP. The price target seems to have been set at $100.00 for HashiCorp. At the moment, the stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. HashiCorp closed at $91.04 at the end of the last trading period.

Morgan Stanley initiated coverage on Fastly Inc FSLY with a Equal-Weight rating. The price target for Fastly is set to $43.00. Fastly earned $0.11 in the third quarter, compared to $0.04 in the year-ago quarter. The current stock performance of Fastly shows a 52-week-high of $122.75 and a 52-week-low of $33.55. Moreover, at the end of the last trading period, the closing price was at $35.45.

With an Overweight rating, Morgan Stanley initiated coverage on Nu Holdings Ltd NU. The price target seems to have been set at $16.00 for Nu Holdings. In the fourth quarter, Nu Holdings showed an EPS of $0.69, compared to $0.56 from the year-ago quarter. The current stock performance of Nu Holdings shows a 52-week-high of $10.58 and a 52-week-low of $8.75. Moreover, at the end of the last trading period, the closing price was at $9.38.

With a Equal-Weight rating, Morgan Stanley initiated coverage on HashiCorp Inc HCP. The price target seems to have been set at $90.00 for HashiCorp. The stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. At the end of the last trading period, HashiCorp closed at $91.04.

With a Market Outperform rating, JMP Securities initiated coverage on Chicago Atlantic Real Estate Finance Inc REFI. The price target seems to have been set at $26.00 for Chicago Atlantic Real. The stock has a 52-week-high of $17.00 and a 52-week-low of $15.50. At the end of the last trading period, Chicago Atlantic Real closed at $16.65.

With a Market Outperform rating, JMP Securities initiated coverage on HashiCorp Inc HCP. The price target seems to have been set at $110.00 for HashiCorp. The stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. At the end of the last trading period, HashiCorp closed at $91.04.

With a Market Outperform rating, JMP Securities initiated coverage on AdTheorent Holding Co Inc ADTH. The price target seems to have been set at $10.00 for AdTheorent Holding. At the moment, the stock has a 52-week-high of $11.90 and a 52-week-low of $5.46. AdTheorent Holding closed at $5.87 at the end of the last trading period.

Jefferies initiated coverage on Privia Health Group Inc PRVA with a Buy rating. The price target for Privia Health Group is set to $33.00. The current stock performance of Privia Health Group shows a 52-week-high of $50.77 and a 52-week-low of $20.20. Moreover, at the end of the last trading period, the closing price was at $25.87.

With a Buy rating, BTIG initiated coverage on Pear Therapeutics Inc PEAR. The price target seems to have been set at $12.00 for Pear Therapeutics. The current stock performance of Pear Therapeutics shows a 52-week-high of $7.52 and a 52-week-low of $4.85. Moreover, at the end of the last trading period, the closing price was at $6.20.

With a Buy rating, B of A Securities initiated coverage on HashiCorp Inc HCP. The price target seems to have been set at $102.00 for HashiCorp. At the moment, the stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. HashiCorp closed at $91.04 at the end of the last trading period.

William Blair initiated coverage on HashiCorp Inc HCP with an Outperform rating. The current stock performance of HashiCorp shows a 52-week-high of $102.95 and a 52-week-low of $79.27. Moreover, at the end of the last trading period, the closing price was at $91.04.

UBS initiated coverage on Nu Holdings Ltd NU with a Buy rating. The price target for Nu Holdings is set to $12.50. In the fourth quarter, Nu Holdings showed an EPS of $0.69, compared to $0.56 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.58 and a 52-week-low of $8.75. Nu Holdings closed at $9.38 at the end of the last trading period.

With an Outperform rating, Oppenheimer initiated coverage on Chicago Atlantic Real Estate Finance Inc REFI. The price target seems to have been set at $17.00 for Chicago Atlantic Real. The stock has a 52-week-high of $17.00 and a 52-week-low of $15.50. At the end of the last trading period, Chicago Atlantic Real closed at $16.65.

With a Neutral rating, JP Morgan initiated coverage on HashiCorp Inc HCP. The price target seems to have been set at $100.00 for HashiCorp. At the moment, the stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. HashiCorp closed at $91.04 at the end of the last trading period.

With a Hold rating, HSBC initiated coverage on Nu Holdings Ltd NU. The price target seems to have been set at $10.00 for Nu Holdings. For the fourth quarter, Nu Holdings had an EPS of $0.69, compared to year-ago quarter EPS of $0.56. The current stock performance of Nu Holdings shows a 52-week-high of $10.58 and a 52-week-low of $8.75. Moreover, at the end of the last trading period, the closing price was at $9.38.

Goldman Sachs initiated coverage on HashiCorp Inc HCP with a Neutral rating. The price target for HashiCorp is set to $90.00. The current stock performance of HashiCorp shows a 52-week-high of $102.95 and a 52-week-low of $79.27. Moreover, at the end of the last trading period, the closing price was at $91.04.

Goldman Sachs initiated coverage on Nu Holdings Ltd NU with a Buy rating. The price target for Nu Holdings is set to $15.00. Nu Holdings earned $0.69 in the fourth quarter, compared to $0.56 in the year-ago quarter. The current stock performance of Nu Holdings shows a 52-week-high of $10.58 and a 52-week-low of $8.75. Moreover, at the end of the last trading period, the closing price was at $9.38.

With an Outperform rating, Cowen & Co. initiated coverage on HashiCorp Inc HCP. The price target seems to have been set at $105.00 for HashiCorp. The stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. At the end of the last trading period, HashiCorp closed at $91.04.

Compass Point initiated coverage on Chicago Atlantic Real Estate Finance Inc REFI with a Buy rating. The price target for Chicago Atlantic Real is set to $22.00. At the moment, the stock has a 52-week-high of $17.00 and a 52-week-low of $15.50. Chicago Atlantic Real closed at $16.65 at the end of the last trading period.

With a Buy rating, Needham initiated coverage on Vacasa Inc VCSA. The price target seems to have been set at $13.00 for Vacasa. At the moment, the stock has a 52-week-high of $8.76 and a 52-week-low of $6.90. Vacasa closed at $8.32 at the end of the last trading period.

Keybanc initiated coverage on Nu Holdings Ltd NU with an Overweight rating. The price target for Nu Holdings is set to $12.00. For the fourth quarter, Nu Holdings had an EPS of $0.69, compared to year-ago quarter EPS of $0.56. The current stock performance of Nu Holdings shows a 52-week-high of $10.58 and a 52-week-low of $8.75. Moreover, at the end of the last trading period, the closing price was at $9.38.

For HashiCorp Inc HCP, Keybanc initiated coverage, by setting the current rating at Sector Weight. The stock has a 52-week-high of $102.95 and a 52-week-low of $79.27. At the end of the last trading period, HashiCorp closed at $91.04.

See all analyst ratings initiations.