Benzinga's Top Ratings Upgrades, Downgrades For January 24, 2022

Upgrades

For Colliers International Group Inc CIGI, Raymond James upgraded the previous rating of Outperform to Strong Buy. For the third quarter, Colliers Intl Gr had an EPS of $1.27, compared to year-ago quarter EPS of $1.08. The current stock performance of Colliers Intl Gr shows a 52-week-high of $150.64 and a 52-week-low of $87.10. Moreover, at the end of the last trading period, the closing price was at $137.58.

Raymond James upgraded the previous rating for FirstService Corp FSV from Market Perform to Outperform. For the third quarter, FirstService had an EPS of $1.50, compared to year-ago quarter EPS of $1.19. The stock has a 52-week-high of $202.78 and a 52-week-low of $133.75. At the end of the last trading period, FirstService closed at $155.09.

According to UBS, the prior rating for Fox Corp FOXA was changed from Neutral to Buy. In the first quarter, Fox showed an EPS of $1.11, compared to $1.18 from the year-ago quarter. The stock has a 52-week-high of $44.80 and a 52-week-low of $29.84. At the end of the last trading period, Fox closed at $37.69.

Stephens & Co. upgraded the previous rating for South Atlantic Bancshares Inc SABK from Equal-Weight to Overweight. The current stock performance of South Atlantic Bancshares shows a 52-week-high of $15.75 and a 52-week-low of $11.27. Moreover, at the end of the last trading period, the closing price was at $15.75.

According to Stephens & Co., the prior rating for Affirm Holdings Inc AFRM was changed from Underweight to Equal-Weight. The stock has a 52-week-high of $176.65 and a 52-week-low of $46.50. At the end of the last trading period, Affirm Holdings closed at $57.63.

According to Barclays, the prior rating for UBS Group AG UBS was changed from Underweight to Equal-Weight. UBS Group earned $0.63 in the third quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $19.79 and a 52-week-low of $14.32. At the end of the last trading period, UBS Group closed at $19.03.

For Arista Networks Inc ANET, Citigroup upgraded the previous rating of Neutral to Buy. For the third quarter, Arista Networks had an EPS of $0.74, compared to year-ago quarter EPS of $0.61. The current stock performance of Arista Networks shows a 52-week-high of $536.54 and a 52-week-low of $117.98. Moreover, at the end of the last trading period, the closing price was at $118.63.

RBC Capital upgraded the previous rating for Comcast Corp CMCSA from Sector Perform to Outperform. In the third quarter, Comcast showed an EPS of $0.87, compared to $0.65 from the year-ago quarter. The current stock performance of Comcast shows a 52-week-high of $61.80 and a 52-week-low of $46.29. Moreover, at the end of the last trading period, the closing price was at $49.73.

According to Deutsche Bank, the prior rating for Saia Inc SAIA was changed from Hold to Buy. In the third quarter, Saia showed an EPS of $2.86, compared to $1.56 from the year-ago quarter. At the moment, the stock has a 52-week-high of $365.50 and a 52-week-low of $171.16. Saia closed at $272.74 at the end of the last trading period.

For Charter Communications Inc CHTR, RBC Capital upgraded the previous rating of Sector Perform to Outperform. Charter Communications earned $6.50 in the third quarter, compared to $3.90 in the year-ago quarter. The stock has a 52-week-high of $825.62 and a 52-week-low of $568.82. At the end of the last trading period, Charter Communications closed at $569.69.

According to Raymond James, the prior rating for FVCBankcorp Inc FVCB was changed from Outperform to Strong Buy. FVCBankcorp earned $0.40 in the third quarter, compared to $0.28 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.49 and a 52-week-low of $13.65. FVCBankcorp closed at $19.97 at the end of the last trading period.

According to B of A Securities, the prior rating for ResMed Inc RMD was changed from Underperform to Neutral. For the first quarter, ResMed had an EPS of $1.51, compared to year-ago quarter EPS of $1.27. The current stock performance of ResMed shows a 52-week-high of $301.34 and a 52-week-low of $179.37. Moreover, at the end of the last trading period, the closing price was at $235.16.

For Orchid Island Capital Inc ORC, JonesTrading upgraded the previous rating of Hold to Buy. In the third quarter, Orchid Island Capital showed an EPS of $0.20, compared to $0.42 from the year-ago quarter. The current stock performance of Orchid Island Capital shows a 52-week-high of $6.22 and a 52-week-low of $3.82. Moreover, at the end of the last trading period, the closing price was at $3.87.

B. Riley Securities upgraded the previous rating for Infinera Corp INFN from Neutral to Buy. Infinera earned $0.01 in the third quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $11.10 and a 52-week-low of $7.22. At the end of the last trading period, Infinera closed at $7.95.

According to BTIG, the prior rating for Splunk Inc SPLK was changed from Neutral to Buy. For the third quarter, Splunk had an EPS of $0.37, compared to year-ago quarter EPS of $1.26. The stock has a 52-week-high of $178.18 and a 52-week-low of $105.45. At the end of the last trading period, Splunk closed at $115.28.

According to Barclays, the prior rating for Booz Allen Hamilton Holding Corp BAH was changed from Equal-Weight to Overweight. Booz Allen Hamilton earned $1.26 in the second quarter, compared to $1.03 in the year-ago quarter. The current stock performance of Booz Allen Hamilton shows a 52-week-high of $100.26 and a 52-week-low of $75.15. Moreover, at the end of the last trading period, the closing price was at $85.37.

According to Baird, the prior rating for Equifax Inc EFX was changed from Neutral to Outperform. For the third quarter, Equifax had an EPS of $1.85, compared to year-ago quarter EPS of $1.87. At the moment, the stock has a 52-week-high of $300.11 and a 52-week-low of $161.87. Equifax closed at $225.66 at the end of the last trading period.

According to Piper Sandler, the prior rating for Discover Financial Services DFS was changed from Neutral to Overweight. Discover Financial earned $3.64 in the fourth quarter, compared to $2.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $135.69 and a 52-week-low of $81.27. Discover Financial closed at $114.45 at the end of the last trading period.

Piper Sandler upgraded the previous rating for M&T Bank Corp MTB from Neutral to Overweight. For the fourth quarter, M&T Bank had an EPS of $3.50, compared to year-ago quarter EPS of $3.52. At the moment, the stock has a 52-week-high of $186.93 and a 52-week-low of $128.46. M&T Bank closed at $160.11 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Scotiabank downgraded the previous rating for Newmont Corp NEM from Sector Outperform to Sector Perform. For the third quarter, Newmont had an EPS of $0.60, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $75.31 and a 52-week-low of $52.60. At the end of the last trading period, Newmont closed at $63.09.

Barrington Research downgraded the previous rating for OPKO Health Inc OPK from Outperform to Market Perform. In the third quarter, OPKO Health showed an EPS of $0.00, compared to $0.04 from the year-ago quarter. The current stock performance of OPKO Health shows a 52-week-high of $6.27 and a 52-week-low of $3.26. Moreover, at the end of the last trading period, the closing price was at $4.24.

BMO Capital downgraded the previous rating for New Concept Energy Inc GBR from Outperform to Market Perform. For the third quarter, New Concept Energy had an EPS of $0.01, compared to year-ago quarter EPS of $0.01. The current stock performance of New Concept Energy shows a 52-week-high of $30.99 and a 52-week-low of $2.20. Moreover, at the end of the last trading period, the closing price was at $2.53.

Barclays downgraded the previous rating for Dun & Bradstreet Holdings Inc DNB from Overweight to Equal-Weight. For the third quarter, Dun & Bradstreet Hldgs had an EPS of $0.29, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $26.03 and a 52-week-low of $16.61. At the end of the last trading period, Dun & Bradstreet Hldgs closed at $20.10.

For Evertec Inc EVTC, Susquehanna downgraded the previous rating of Positive to Neutral. Evertec earned $0.62 in the third quarter, compared to $0.65 in the year-ago quarter. At the moment, the stock has a 52-week-high of $51.06 and a 52-week-low of $33.85. Evertec closed at $44.65 at the end of the last trading period.

For Snap Inc SNAP, Wedbush downgraded the previous rating of Outperform to Neutral. In the third quarter, Snap showed an EPS of $0.17, compared to $0.01 from the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $83.34 and a 52-week-low of $32.00. Moreover, at the end of the last trading period, the closing price was at $32.12.

For PPG Industries Inc PPG, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. PPG Industries earned $1.26 in the fourth quarter, compared to $1.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $182.97 and a 52-week-low of $132.10. PPG Industries closed at $154.74 at the end of the last trading period.

For Science Applications International Corp SAIC, Barclays downgraded the previous rating of Overweight to Equal-Weight. Science Applications Intl earned $1.85 in the third quarter, compared to $1.62 in the year-ago quarter. The stock has a 52-week-high of $103.95 and a 52-week-low of $77.65. At the end of the last trading period, Science Applications Intl closed at $85.20.

According to Morgan Stanley, the prior rating for GreenTree Hospitality Group Ltd GHG was changed from Overweight to Equal-Weight. In the third quarter, GreenTree Hospitality Gr showed an EPS of $0.08, compared to $0.13 from the year-ago quarter. The current stock performance of GreenTree Hospitality Gr shows a 52-week-high of $16.50 and a 52-week-low of $6.50. Moreover, at the end of the last trading period, the closing price was at $6.72.

Compass Point downgraded the previous rating for First Hawaiian Inc FHB from Buy to Neutral. For the fourth quarter, First Hawaiian had an EPS of $0.53, compared to year-ago quarter EPS of $0.50. The stock has a 52-week-high of $31.16 and a 52-week-low of $23.14. At the end of the last trading period, First Hawaiian closed at $28.88.

For Netflix Inc NFLX, Jefferies downgraded the previous rating of Buy to Hold. Netflix earned $1.33 in the fourth quarter, compared to $1.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $700.99 and a 52-week-low of $379.99. Netflix closed at $397.50 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

UBS initiated coverage on Victoria's Secret & Co VSCO with a Neutral rating. The price target for Victoria's Secret is set to $59.00. The current stock performance of Victoria's Secret shows a 52-week-high of $76.00 and a 52-week-low of $45.65. Moreover, at the end of the last trading period, the closing price was at $52.47.

With a Buy rating, Ladenburg Thalmann initiated coverage on Healthcare Capital Corp HCCC. The price target seems to have been set at $18.00 for Healthcare Capital. The stock has a 52-week-high of $10.10 and a 52-week-low of $9.57. At the end of the last trading period, Healthcare Capital closed at $9.94.

With a Buy rating, Roth Capital initiated coverage on PEDEVCO Corp PED. The price target seems to have been set at $1.95 for PEDEVCO. In the third quarter, PEDEVCO showed an EPS of $0.00, compared to $0.03 from the year-ago quarter. The current stock performance of PEDEVCO shows a 52-week-high of $3.50 and a 52-week-low of $0.93. Moreover, at the end of the last trading period, the closing price was at $1.07.

With a Buy rating, Ascendiant Capital initiated coverage on Surgepays Inc SURG. The price target seems to have been set at $7.00 for Surgepays. In the third quarter, Surgepays showed an EPS of $0.05, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $28.50 and a 52-week-low of $0.08. At the end of the last trading period, Surgepays closed at $3.07.

Barclays initiated coverage on Bank Bradesco SA BBD with an Overweight rating. The price target for Bank Bradesco is set to $5.00. In the third quarter, Bank Bradesco showed an EPS of $0.52, compared to $0.57 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.70 and a 52-week-low of $3.25. Bank Bradesco closed at $3.82 at the end of the last trading period.

Barclays initiated coverage on Itau Unibanco Holding SA ITUB with a Equal-Weight rating. The price target for Itau Unibanco Holding is set to $4.50. In the third quarter, Itau Unibanco Holding showed an EPS of $0.12, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $6.76 and a 52-week-low of $3.60. Itau Unibanco Holding closed at $4.22 at the end of the last trading period.

Morgan Stanley initiated coverage on Grab Holdings Inc GRAB with an Overweight rating. The price target for Grab Hldgs is set to $8.40. The current stock performance of Grab Hldgs shows a 52-week-high of $13.29 and a 52-week-low of $5.40. Moreover, at the end of the last trading period, the closing price was at $5.60.

With a Market Outperform rating, JMP Securities initiated coverage on Sonder Holdings Inc SOND. The price target seems to have been set at $12.00 for Sonder Holdings. The current stock performance of Sonder Holdings shows a 52-week-high of $8.95 and a 52-week-low of $8.00. Moreover, at the end of the last trading period, the closing price was at $8.11.

B of A Securities initiated coverage on Blue Owl Capital Inc OWL with a Buy rating. The price target for Blue Owl Capital is set to $18.00. The stock has a 52-week-high of $17.89 and a 52-week-low of $9.68. At the end of the last trading period, Blue Owl Capital closed at $12.20.

HC Wainwright & Co. initiated coverage on Reviva Pharmaceuticals Holdings Inc RVPH with a Buy rating. The price target for Reviva Pharmaceuticals is set to $10.00. The stock has a 52-week-high of $9.50 and a 52-week-low of $1.72. At the end of the last trading period, Reviva Pharmaceuticals closed at $1.73.

With a Buy rating, Needham initiated coverage on Fathom Digital Manufacturing Corp FATH. The price target seems to have been set at $12.00 for Fathom Digital. The current stock performance of Fathom Digital shows a 52-week-high of $10.30 and a 52-week-low of $5.04. Moreover, at the end of the last trading period, the closing price was at $10.24.

RBC Capital initiated coverage on Sylvamo Corp SLVM with a Sector Perform rating. The price target for Sylvamo is set to $34.00. For the third quarter, Sylvamo had an EPS of $2.27, compared to year-ago quarter EPS of $1.16. The current stock performance of Sylvamo shows a 52-week-high of $36.45 and a 52-week-low of $23.10. Moreover, at the end of the last trading period, the closing price was at $30.39.

See all analyst ratings initiations.