Benzinga's Top Ratings Upgrades, Downgrades For January 7, 2022

Upgrades

According to Wolfe Research, the prior rating for CVR Energy Inc CVI was changed from Peer Perform to Outperform. CVR Energy earned $0.24 in the third quarter, compared to $0.57 in the year-ago quarter. The current stock performance of CVR Energy shows a 52-week-high of $27.02 and a 52-week-low of $11.22. Moreover, at the end of the last trading period, the closing price was at $18.94.
According to UBS, the prior rating for Honeywell International Inc HON was changed from Neutral to Buy. In the third quarter, Honeywell International showed an EPS of $2.02, compared to $1.56 from the year-ago quarter. The current stock performance of Honeywell International shows a 52-week-high of $236.86 and a 52-week-low of $194.55. Moreover, at the end of the last trading period, the closing price was at $210.82.
Truist Securities upgraded the previous rating for Spirit AeroSystems Holdings Inc SPR from Hold to Buy. In the third quarter, Spirit AeroSystems Hldgs showed an EPS of $1.13, compared to $1.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $53.63 and a 52-week-low of $32.93. Spirit AeroSystems Hldgs closed at $45.83 at the end of the last trading period.
For Heico Corp HEI, Truist Securities upgraded the previous rating of Hold to Buy. For the fourth quarter, Heico had an EPS of $0.62, compared to year-ago quarter EPS of $0.45. The current stock performance of Heico shows a 52-week-high of $151.60 and a 52-week-low of $115.57. Moreover, at the end of the last trading period, the closing price was at $146.45.
For Hexcel Corp HXL, Truist Securities upgraded the previous rating of Hold to Buy. Hexcel earned $0.13 in the third quarter, compared to $0.29 in the year-ago quarter. The stock has a 52-week-high of $64.99 and a 52-week-low of $42.91. At the end of the last trading period, Hexcel closed at $54.43.
For TransDigm Group Inc TDG, Truist Securities upgraded the previous rating of Hold to Buy. For the fourth quarter, TransDigm Gr had an EPS of $4.25, compared to year-ago quarter EPS of $2.89. The current stock performance of TransDigm Gr shows a 52-week-high of $688.03 and a 52-week-low of $517.37. Moreover, at the end of the last trading period, the closing price was at $644.76.
According to Oppenheimer, the prior rating for Chipotle Mexican Grill Inc CMG was changed from Perform to Outperform. For the third quarter, Chipotle Mexican Grill had an EPS of $7.02, compared to year-ago quarter EPS of $3.76. The stock has a 52-week-high of $1958.55 and a 52-week-low of $1256.27. At the end of the last trading period, Chipotle Mexican Grill closed at $1620.97.
For Dover Corp DOV, Oppenheimer upgraded the previous rating of Perform to Outperform. Dover earned $1.98 in the third quarter, compared to $1.60 in the year-ago quarter. The current stock performance of Dover shows a 52-week-high of $183.72 and a 52-week-low of $115.88. Moreover, at the end of the last trading period, the closing price was at $181.47.
Odeon Capital upgraded the previous rating for KeyCorp KEY from Hold to Buy. KeyCorp earned $0.66 in the third quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.03 and a 52-week-low of $16.69. KeyCorp closed at $25.93 at the end of the last trading period.
For Winnebago Industries Inc WGO, CL King upgraded the previous rating of Neutral to Strong Buy. Winnebago Industries earned $3.51 in the first quarter, compared to $1.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of $87.53 and a 52-week-low of $60.80. Winnebago Industries closed at $76.45 at the end of the last trading period.
According to Guggenheim, the prior rating for DexCom Inc DXCM was changed from Neutral to Buy. In the third quarter, DexCom showed an EPS of $0.89, compared to $0.94 from the year-ago quarter. The stock has a 52-week-high of $659.45 and a 52-week-low of $318.45. At the end of the last trading period, DexCom closed at $483.00.
According to B of A Securities, the prior rating for Illumina Inc ILMN was changed from Underperform to Neutral. In the third quarter, Illumina showed an EPS of $1.45, compared to $1.02 from the year-ago quarter. The current stock performance of Illumina shows a 52-week-high of $555.77 and a 52-week-low of $341.03. Moreover, at the end of the last trading period, the closing price was at $378.93.
B of A Securities upgraded the previous rating for Delta Air Lines Inc DAL from Neutral to Buy. Delta Air Lines earned $0.30 in the third quarter, compared to $3.30 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.28 and a 52-week-low of $33.40. Delta Air Lines closed at $40.11 at the end of the last trading period.
RBC Capital upgraded the previous rating for Box Inc BOX from Underperform to Sector Perform. Box earned $0.22 in the third quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $28.13 and a 52-week-low of $16.85. At the end of the last trading period, Box closed at $25.40.
According to Credit Suisse, the prior rating for McKesson Corp MCK was changed from Neutral to Outperform. For the second quarter, McKesson had an EPS of $6.15, compared to year-ago quarter EPS of $4.80. The stock has a 52-week-high of $251.04 and a 52-week-low of $169.34. At the end of the last trading period, McKesson closed at $244.61.
For Henry Schein Inc HSIC, Credit Suisse upgraded the previous rating of Neutral to Outperform. In the third quarter, Henry Schein showed an EPS of $1.10, compared to $1.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $83.45 and a 52-week-low of $60.70. Henry Schein closed at $77.86 at the end of the last trading period.
Exane BNP Paribas upgraded the previous rating for BP PLC BP from Neutral to Outperform. For the third quarter, BP had an EPS of $0.99, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $30.29 and a 52-week-low of $20.43. At the end of the last trading period, BP closed at $28.81.
Exane BNP Paribas upgraded the previous rating for Deutsche Bank AG DB from Underperform to Neutral. For the third quarter, Deutsche Bank had an EPS of $0.17, compared to year-ago quarter EPS of $0.15. The current stock performance of Deutsche Bank shows a 52-week-high of $15.34 and a 52-week-low of $10.08. Moreover, at the end of the last trading period, the closing price was at $13.84.
According to Exane BNP Paribas, the prior rating for UBS Group AG UBS was changed from Neutral to Outperform. For the third quarter, UBS Group had an EPS of $0.63, compared to year-ago quarter EPS of $0.56. At the moment, the stock has a 52-week-high of $18.74 and a 52-week-low of $14.32. UBS Group closed at $18.39 at the end of the last trading period.
Jefferies upgraded the previous rating for CarGurus Inc CARG from Hold to Buy. CarGurus earned $0.38 in the third quarter, compared to $0.37 in the year-ago quarter. The current stock performance of CarGurus shows a 52-week-high of $39.77 and a 52-week-low of $22.63. Moreover, at the end of the last trading period, the closing price was at $32.54.
B of A Securities upgraded the previous rating for Discovery Inc DISCA from Neutral to Buy. For the third quarter, Discovery had an EPS of $0.24, compared to year-ago quarter EPS of $0.81. The stock has a 52-week-high of $78.14 and a 52-week-low of $21.66. At the end of the last trading period, Discovery closed at $25.72.
For AT&T Inc T, Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. For the third quarter, AT&T had an EPS of $0.87, compared to year-ago quarter EPS of $0.76. The current stock performance of AT&T shows a 52-week-high of $33.88 and a 52-week-low of $22.02. Moreover, at the end of the last trading period, the closing price was at $26.11.
According to Jefferies, the prior rating for Outbrain Inc OB was changed from Hold to Buy. The stock has a 52-week-high of $20.99 and a 52-week-low of $13.00. At the end of the last trading period, Outbrain closed at $14.17.

See all analyst ratings upgrades.

Downgrades

UBS downgraded the previous rating for AutoZone Inc AZO from Buy to Neutral. In the first quarter, AutoZone showed an EPS of $25.69, compared to $18.61 from the year-ago quarter. The current stock performance of AutoZone shows a 52-week-high of $2110.00 and a 52-week-low of $1111.71. Moreover, at the end of the last trading period, the closing price was at $2062.49.
According to Stephens & Co., the prior rating for Veeva Systems Inc VEEV was changed from Overweight to Equal-Weight. In the third quarter, Veeva Systems showed an EPS of $0.97, compared to $0.78 from the year-ago quarter. The stock has a 52-week-high of $343.96 and a 52-week-low of $235.74. At the end of the last trading period, Veeva Systems closed at $241.67.
According to Scotiabank, the prior rating for Fortis Inc FTS was changed from Sector Outperform to Sector Perform. In the third quarter, Fortis showed an EPS of $0.51, compared to $0.49 from the year-ago quarter. The stock has a 52-week-high of $48.39 and a 52-week-low of $38.49. At the end of the last trading period, Fortis closed at $46.72.
For Texas Instruments Inc TXN, Citigroup downgraded the previous rating of Buy to Neutral. For the third quarter, Texas Instruments had an EPS of $2.07, compared to year-ago quarter EPS of $1.45. At the moment, the stock has a 52-week-high of $202.26 and a 52-week-low of $161.67. Texas Instruments closed at $186.76 at the end of the last trading period.
For Starbucks Corp SBUX, Oppenheimer downgraded the previous rating of Outperform to Perform. Starbucks earned $1.00 in the fourth quarter, compared to $0.51 in the year-ago quarter. The current stock performance of Starbucks shows a 52-week-high of $126.32 and a 52-week-low of $95.92. Moreover, at the end of the last trading period, the closing price was at $111.14.
Mizuho downgraded the previous rating for Visa Inc V from Buy to Neutral. For the fourth quarter, Visa had an EPS of $1.62, compared to year-ago quarter EPS of $1.12. At the moment, the stock has a 52-week-high of $252.67 and a 52-week-low of $190.10. Visa closed at $219.75 at the end of the last trading period.
According to B of A Securities, the prior rating for Allegiant Travel Co ALGT was changed from Buy to Neutral. For the third quarter, Allegiant Travel had an EPS of $0.66, compared to year-ago quarter EPS of $4.28. The stock has a 52-week-high of $271.29 and a 52-week-low of $163.59. At the end of the last trading period, Allegiant Travel closed at $177.60.
For Equinix Inc EQIX, BMO Capital downgraded the previous rating of Outperform to Market Perform. In the third quarter, Equinix showed an EPS of $6.94, compared to $6.48 from the year-ago quarter. The current stock performance of Equinix shows a 52-week-high of $885.26 and a 52-week-low of $586.73. Moreover, at the end of the last trading period, the closing price was at $775.08.
For Starbucks Corp SBUX, RBC Capital downgraded the previous rating of Outperform to Sector Perform. For the fourth quarter, Starbucks had an EPS of $1.00, compared to year-ago quarter EPS of $0.51. The current stock performance of Starbucks shows a 52-week-high of $126.32 and a 52-week-low of $95.92. Moreover, at the end of the last trading period, the closing price was at $111.14.
Jefferies downgraded the previous rating for Lyft Inc LYFT from Buy to Hold. Lyft earned $0.05 in the third quarter, compared to $0.89 in the year-ago quarter. The current stock performance of Lyft shows a 52-week-high of $68.28 and a 52-week-low of $36.25. Moreover, at the end of the last trading period, the closing price was at $43.60.
According to UBS, the prior rating for Kohl's Corp KSS was changed from Neutral to Sell. For the third quarter, Kohl's had an EPS of $1.65, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $64.80 and a 52-week-low of $40.03. Kohl's closed at $49.02 at the end of the last trading period.
For Chewy Inc CHWY, Piper Sandler downgraded the previous rating of Overweight to Neutral. In the third quarter, Chewy showed an EPS of $0.08, compared to $0.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $120.00 and a 52-week-low of $50.05. Chewy closed at $52.89 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Teleflex Inc TFX was changed from Overweight to Equal-Weight. In the third quarter, Teleflex showed an EPS of $3.51, compared to $2.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $449.38 and a 52-week-low of $289.00. Teleflex closed at $326.86 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Stryker Corp SYK was changed from Overweight to Equal-Weight. Stryker earned $2.20 in the third quarter, compared to $2.14 in the year-ago quarter. The current stock performance of Stryker shows a 52-week-high of $281.16 and a 52-week-low of $220.90. Moreover, at the end of the last trading period, the closing price was at $271.50.
For Nevro Corp NVRO, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Nevro had an EPS of $0.87, compared to year-ago quarter EPS of $0.29. The current stock performance of Nevro shows a 52-week-high of $184.85 and a 52-week-low of $79.44. Moreover, at the end of the last trading period, the closing price was at $83.73.
For Medtronic PLC MDT, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Medtronic earned $1.32 in the second quarter, compared to $1.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $135.89 and a 52-week-low of $98.38. Medtronic closed at $104.97 at the end of the last trading period.
Morgan Stanley downgraded the previous rating for Zimmer Biomet Holdings Inc ZBH from Overweight to Equal-Weight. In the third quarter, Zimmer Biomet Holdings showed an EPS of $1.81, compared to $1.81 from the year-ago quarter. The stock has a 52-week-high of $180.36 and a 52-week-low of $116.60. At the end of the last trading period, Zimmer Biomet Holdings closed at $128.93.
UBS downgraded the previous rating for Abercrombie & Fitch Co ANF from Buy to Neutral. For the third quarter, Abercrombie & Fitch had an EPS of $0.86, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of $48.97 and a 52-week-low of $21.01. Abercrombie & Fitch closed at $34.31 at the end of the last trading period.
JP Morgan downgraded the previous rating for DTE Energy Co DTE from Overweight to Neutral. DTE Energy earned $1.72 in the third quarter, compared to $2.61 in the year-ago quarter. The current stock performance of DTE Energy shows a 52-week-high of $145.43 and a 52-week-low of $108.22. Moreover, at the end of the last trading period, the closing price was at $119.57.

See all analyst ratings downgrades.

Initiations

William Blair initiated coverage on The Beauty Health Co SKIN with an Outperform rating. The current stock performance of Beauty Health shows a 52-week-high of $30.17 and a 52-week-low of $11.12. Moreover, at the end of the last trading period, the closing price was at $21.79.
B. Riley Securities initiated coverage on CompoSecure Inc CMPO with a Buy rating. The price target for CompoSecure is set to $17.00. The stock has a 52-week-high of $10.69 and a 52-week-low of $6.63. At the end of the last trading period, CompoSecure closed at $6.96.
With a Buy rating, Maxim Group initiated coverage on Quoin Pharmaceuticals Ltd QNRX. The price target seems to have been set at $5.00 for Quoin Pharmaceuticals. In the third quarter, Quoin Pharmaceuticals showed an EPS of $1.40, compared to $0.00 from the year-ago quarter. The stock has a 52-week-high of $29.80 and a 52-week-low of $1.51. At the end of the last trading period, Quoin Pharmaceuticals closed at $1.74.
With a Buy rating, Maxim Group initiated coverage on NeuroSense Therapeutics Ltd NRSN. The price target seems to have been set at $7.00 for NeuroSense Therapeutics. The stock has a 52-week-high of $4.70 and a 52-week-low of $2.39. At the end of the last trading period, NeuroSense Therapeutics closed at $2.53.
With an Outperform rating, Wedbush initiated coverage on Planet Labs PBC PL. The price target seems to have been set at $10.00 for Planet Labs. Planet Labs earned $1.38 in the third quarter, compared to $1.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.65 and a 52-week-low of $4.95. Planet Labs closed at $5.26 at the end of the last trading period.
Credit Suisse initiated coverage on Vicarious Surgical Inc RBOT with an Outperform rating. The price target for Vicarious Surgical is set to $16.00. The stock has a 52-week-high of $15.79 and a 52-week-low of $9.20. At the end of the last trading period, Vicarious Surgical closed at $9.31.
Credit Suisse initiated coverage on SS&C Technologies Holdings Inc SSNC with an Outperform rating. The price target for SS&C Technologies Hldgs is set to $105.00. In the third quarter, SS&C Technologies Hldgs showed an EPS of $1.32, compared to $1.10 from the year-ago quarter. The stock has a 52-week-high of $83.80 and a 52-week-low of $62.51. At the end of the last trading period, SS&C Technologies Hldgs closed at $82.95.
With a Positive rating, Susquehanna initiated coverage on AerCap Holdings NV AER. The price target seems to have been set at $80.00 for AerCap Holdings. For the third quarter, AerCap Holdings had an EPS of $4.04, compared to year-ago quarter EPS of $1.24. The current stock performance of AerCap Holdings shows a 52-week-high of $71.38 and a 52-week-low of $37.29. Moreover, at the end of the last trading period, the closing price was at $66.78.
Piper Sandler initiated coverage on Immuneering Corp IMRX with an Overweight rating. The price target for Immuneering is set to $41.00. For the third quarter, Immuneering had an EPS of $0.47, compared to year-ago quarter EPS of $0.89. The current stock performance of Immuneering shows a 52-week-high of $33.99 and a 52-week-low of $13.93. Moreover, at the end of the last trading period, the closing price was at $14.14.
Piper Sandler initiated coverage on Intellia Therapeutics Inc NTLA with an Overweight rating. The price target for Intellia Therapeutics is set to $171.00. In the third quarter, Intellia Therapeutics showed an EPS of $0.97, compared to $0.47 from the year-ago quarter. The current stock performance of Intellia Therapeutics shows a 52-week-high of $202.73 and a 52-week-low of $43.86. Moreover, at the end of the last trading period, the closing price was at $104.57.
BTIG initiated coverage on Ginkgo Bioworks Holdings Inc DNA with a Buy rating. The price target for Ginkgo Bioworks Holdings is set to $12.00. At the moment, the stock has a 52-week-high of $15.86 and a 52-week-low of $6.60. Ginkgo Bioworks Holdings closed at $6.90 at the end of the last trading period.
With an Overweight rating, Stephens & Co. initiated coverage on OncoCyte Corp OCX. The price target seems to have been set at $3.10 for OncoCyte. For the third quarter, OncoCyte had an EPS of $0.10, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $6.57 and a 52-week-low of $1.94. At the end of the last trading period, OncoCyte closed at $2.06.
Stephens & Co. initiated coverage on Veracyte Inc VCYT with an Overweight rating. The price target for Veracyte is set to $52.00. In the third quarter, Veracyte showed an EPS of $0.20, compared to $0.08 from the year-ago quarter. The stock has a 52-week-high of $86.03 and a 52-week-low of $32.87. At the end of the last trading period, Veracyte closed at $35.12.
For DermTech Inc DMTK, Stephens & Co. initiated coverage, by setting the current rating at Overweight. In the third quarter, DermTech showed an EPS of $0.68, compared to $0.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $84.49 and a 52-week-low of $14.67. DermTech closed at $15.11 at the end of the last trading period.
With an Overweight rating, Stephens & Co. initiated coverage on Castle Biosciences Inc CSTL. The price target seems to have been set at $59.00 for Castle Biosciences. Castle Biosciences earned $0.47 in the third quarter, compared to $0.23 in the year-ago quarter. The stock has a 52-week-high of $107.69 and a 52-week-low of $37.99. At the end of the last trading period, Castle Biosciences closed at $39.63.
With an Outperform rating, Keefe, Bruyette & Woods initiated coverage on Bill.com Holdings Inc BILL. The price target seems to have been set at $300.00 for Bill.com Holdings. For the first quarter, Bill.com Holdings had an EPS of $0.15, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $348.50 and a 52-week-low of $109.64. At the end of the last trading period, Bill.com Holdings closed at $202.90.
With a Buy rating, Goldman Sachs initiated coverage on Upwork Inc UPWK. The price target seems to have been set at $46.00 for Upwork. For the third quarter, Upwork had an EPS of $0.04, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $64.49 and a 52-week-low of $28.34. Upwork closed at $29.39 at the end of the last trading period.
With a Buy rating, Goldman Sachs initiated coverage on ACV Auctions Inc ACVA. The price target seems to have been set at $26.00 for ACV Auctions. The current stock performance of ACV Auctions shows a 52-week-high of $37.77 and a 52-week-low of $16.15. Moreover, at the end of the last trading period, the closing price was at $17.53.
With a Neutral rating, Goldman Sachs initiated coverage on Vacasa Inc VCSA. The price target seems to have been set at $10.00 for Vacasa. At the moment, the stock has a 52-week-high of $11.00 and a 52-week-low of $6.90. Vacasa closed at $8.27 at the end of the last trading period.
Goldman Sachs initiated coverage on Nerdy Inc NRDY with a Buy rating. The price target for Nerdy is set to $8.00. The current stock performance of Nerdy shows a 52-week-high of $13.49 and a 52-week-low of $3.83. Moreover, at the end of the last trading period, the closing price was at $3.98.
With a Neutral rating, Goldman Sachs initiated coverage on Enjoy Technology Inc ENJY. The price target seems to have been set at $6.00 for Enjoy Technology. The current stock performance of Enjoy Technology shows a 52-week-high of $13.11 and a 52-week-low of $3.65. Moreover, at the end of the last trading period, the closing price was at $4.00.