Benzinga's Top Ratings Upgrades, Downgrades For January 28, 2022

Upgrades

According to Citigroup, the prior rating for Tractor Supply Co TSCO was changed from Neutral to Buy. For the fourth quarter, Tractor Supply had an EPS of $1.93, compared to year-ago quarter EPS of $1.64. The stock has a 52-week-high of $239.86 and a 52-week-low of $139.11. At the end of the last trading period, Tractor Supply closed at $209.25.

According to Citigroup, the prior rating for Tapestry Inc TPR was changed from Neutral to Buy. For the first quarter, Tapestry had an EPS of $0.82, compared to year-ago quarter EPS of $0.58. The stock has a 52-week-high of $49.66 and a 52-week-low of $30.24. At the end of the last trading period, Tapestry closed at $37.06.

According to LightShed Partners, the prior rating for FuboTV Inc FUBO was changed from Sell to Neutral. In the third quarter, FuboTV showed an EPS of $0.59, compared to $1.65 from the year-ago quarter. The current stock performance of FuboTV shows a 52-week-high of $57.47 and a 52-week-low of $8.74. Moreover, at the end of the last trading period, the closing price was at $8.86.

Desjardins upgraded the previous rating for Rogers Communications Inc RCI from Hold to Buy. For the fourth quarter, Rogers Communications had an EPS of $0.76, compared to year-ago quarter EPS of $0.76. The current stock performance of Rogers Communications shows a 52-week-high of $53.90 and a 52-week-low of $43.18. Moreover, at the end of the last trading period, the closing price was at $50.11.

Wolfe Research upgraded the previous rating for Reliance Steel & Aluminum Co RS from Underperform to Peer Perform. Reliance Steel & Aluminum earned $6.15 in the third quarter, compared to $1.87 in the year-ago quarter. At the moment, the stock has a 52-week-high of $181.21 and a 52-week-low of $114.26. Reliance Steel & Aluminum closed at $150.60 at the end of the last trading period.

For Hexcel Corp HXL, UBS upgraded the previous rating of Sell to Neutral. In the fourth quarter, Hexcel showed an EPS of $0.16, compared to $0.18 from the year-ago quarter. The current stock performance of Hexcel shows a 52-week-high of $64.99 and a 52-week-low of $42.91. Moreover, at the end of the last trading period, the closing price was at $49.30.

Craig-Hallum upgraded the previous rating for Calix Inc CALX from Hold to Buy. Calix earned $0.26 in the fourth quarter, compared to $0.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $80.95 and a 52-week-low of $29.12. Calix closed at $40.40 at the end of the last trading period.

For Apple Inc AAPL, New Street Research upgraded the previous rating of Sell to Neutral. In the first quarter, Apple showed an EPS of $2.10, compared to $1.68 from the year-ago quarter. The stock has a 52-week-high of $182.94 and a 52-week-low of $116.21. At the end of the last trading period, Apple closed at $159.22.

For Gilead Sciences Inc GILD, Argus Research upgraded the previous rating of Hold to Buy. In the third quarter, Gilead Sciences showed an EPS of $2.65, compared to $2.11 from the year-ago quarter. The current stock performance of Gilead Sciences shows a 52-week-high of $74.12 and a 52-week-low of $61.39. Moreover, at the end of the last trading period, the closing price was at $67.27.

According to Seaport Global, the prior rating for Packaging Corp of America PKG was changed from Neutral to Buy. In the fourth quarter, Packaging Corp of America showed an EPS of $2.76, compared to $1.33 from the year-ago quarter. The stock has a 52-week-high of $156.54 and a 52-week-low of $124.78. At the end of the last trading period, Packaging Corp of America closed at $143.49.

According to Susquehanna, the prior rating for National Instruments Corp NATI was changed from Neutral to Positive. For the fourth quarter, National Instruments had an EPS of $0.60, compared to year-ago quarter EPS of $0.51. At the moment, the stock has a 52-week-high of $47.01 and a 52-week-low of $38.10. National Instruments closed at $38.78 at the end of the last trading period.

Stifel upgraded the previous rating for Iovance Biotherapeutics Inc IOVA from Hold to Buy. Iovance Biotherapeutics earned $0.55 in the third quarter, compared to $0.40 in the year-ago quarter. The current stock performance of Iovance Biotherapeutics shows a 52-week-high of $53.04 and a 52-week-low of $13.28. Moreover, at the end of the last trading period, the closing price was at $13.83.

According to Seaport Global, the prior rating for Columbia Sportswear Co COLM was changed from Neutral to Buy. Columbia Sportswear earned $1.52 in the third quarter, compared to $0.94 in the year-ago quarter. The current stock performance of Columbia Sportswear shows a 52-week-high of $114.98 and a 52-week-low of $85.28. Moreover, at the end of the last trading period, the closing price was at $87.15.

Seaport Global upgraded the previous rating for Raymond James Financial Inc RJF from Neutral to Buy. Raymond James Financial earned $2.12 in the first quarter, compared to $2.24 in the year-ago quarter. The current stock performance of Raymond James Financial shows a 52-week-high of $143.14 and a 52-week-low of $86.51. Moreover, at the end of the last trading period, the closing price was at $100.91.

For Corning Inc GLW, Susquehanna upgraded the previous rating of Neutral to Positive. In the fourth quarter, Corning showed an EPS of $0.54, compared to $0.52 from the year-ago quarter. The stock has a 52-week-high of $46.82 and a 52-week-low of $33.93. At the end of the last trading period, Corning closed at $40.56.

According to BTIG, the prior rating for Kirby Corp KEX was changed from Neutral to Buy. In the fourth quarter, Kirby showed an EPS of $0.27, compared to $0.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $70.60 and a 52-week-low of $47.58. Kirby closed at $64.01 at the end of the last trading period.

Piper Sandler upgraded the previous rating for First Northwest Bancorp FNWB from Neutral to Overweight. In the second quarter, First Northwest Bancorp showed an EPS of $0.56, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.75 and a 52-week-low of $13.70. First Northwest Bancorp closed at $20.75 at the end of the last trading period.

B. Riley Securities upgraded the previous rating for Axos Financial Inc AX from Neutral to Buy. In the second quarter, Axos Financial showed an EPS of $1.04, compared to $0.94 from the year-ago quarter. The stock has a 52-week-high of $62.44 and a 52-week-low of $38.32. At the end of the last trading period, Axos Financial closed at $50.26.

Raymond James upgraded the previous rating for Crown Castle International Corp CCI from Market Perform to Outperform. For the fourth quarter, Crown Castle Intl had an EPS of $1.77, compared to year-ago quarter EPS of $2.33. The current stock performance of Crown Castle Intl shows a 52-week-high of $209.87 and a 52-week-low of $146.15. Moreover, at the end of the last trading period, the closing price was at $171.57.

For Cambium Networks Corp CMBM, Raymond James upgraded the previous rating of Market Perform to Strong Buy. Cambium Networks earned $0.23 in the third quarter, compared to $0.29 in the year-ago quarter. The current stock performance of Cambium Networks shows a 52-week-high of $66.40 and a 52-week-low of $18.95. Moreover, at the end of the last trading period, the closing price was at $20.26.

According to Wolfe Research, the prior rating for General Dynamics Corp GD was changed from Underperform to Peer Perform. For the fourth quarter, General Dynamics had an EPS of $3.39, compared to year-ago quarter EPS of $3.49. The current stock performance of General Dynamics shows a 52-week-high of $214.70 and a 52-week-low of $146.53. Moreover, at the end of the last trading period, the closing price was at $208.80.

According to Baird, the prior rating for STMicroelectronics NV STM was changed from Neutral to Outperform. STMicroelectronics earned $0.82 in the fourth quarter, compared to $0.63 in the year-ago quarter. The current stock performance of STMicroelectronics shows a 52-week-high of $52.15 and a 52-week-low of $33.30. Moreover, at the end of the last trading period, the closing price was at $43.85.

According to RBC Capital, the prior rating for ResMed Inc RMD was changed from Underperform to Sector Perform. In the second quarter, ResMed showed an EPS of $1.47, compared to $1.41 from the year-ago quarter. 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 $224.89.

For Cullen/Frost Bankers Inc CFR, Raymond James upgraded the previous rating of Underperform to Market Perform. In the fourth quarter, Cullen/Frost Bankers showed an EPS of $1.54, compared to $1.38 from the year-ago quarter. The stock has a 52-week-high of $143.94 and a 52-week-low of $91.23. At the end of the last trading period, Cullen/Frost Bankers closed at $135.80.

National Bank Of Canada upgraded the previous rating for Agnico Eagle Mines Ltd AEM from Sector Perform to Outperform. In the third quarter, Agnico Eagle Mines showed an EPS of $0.60, compared to $0.78 from the year-ago quarter. At the moment, the stock has a 52-week-high of $74.50 and a 52-week-low of $46.66. Agnico Eagle Mines closed at $46.72 at the end of the last trading period.

According to RBC Capital, the prior rating for Williams-Sonoma Inc WSM was changed from Sector Perform to Outperform. For the third quarter, Williams-Sonoma had an EPS of $3.32, compared to year-ago quarter EPS of $2.56. At the moment, the stock has a 52-week-high of $223.32 and a 52-week-low of $118.07. Williams-Sonoma closed at $146.37 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Laboratory Corp of America Holdings LH, Deutsche Bank downgraded the previous rating of Buy to Hold. Laboratory Corp earned $6.82 in the third quarter, compared to $8.41 in the year-ago quarter. The stock has a 52-week-high of $317.17 and a 52-week-low of $212.85. At the end of the last trading period, Laboratory Corp closed at $265.73.

Deutsche Bank downgraded the previous rating for Quest Diagnostics Inc DGX from Buy to Hold. For the third quarter, Quest Diagnostics had an EPS of $3.96, compared to year-ago quarter EPS of $4.31. The current stock performance of Quest Diagnostics shows a 52-week-high of $174.16 and a 52-week-low of $113.36. Moreover, at the end of the last trading period, the closing price was at $135.08.

Berenberg downgraded the previous rating for Grand Canyon Education Inc LOPE from Buy to Hold. For the third quarter, Grand Canyon Education had an EPS of $1.11, compared to year-ago quarter EPS of $1.14. The current stock performance of Grand Canyon Education shows a 52-week-high of $115.96 and a 52-week-low of $70.00. Moreover, at the end of the last trading period, the closing price was at $82.28.

Seaport Global downgraded the previous rating for International Paper Co IP from Buy to Neutral. International Paper earned $0.78 in the fourth quarter, compared to $0.75 in the year-ago quarter. The current stock performance of International Paper shows a 52-week-high of $65.27 and a 52-week-low of $43.87. Moreover, at the end of the last trading period, the closing price was at $46.39.

B of A Securities downgraded the previous rating for Barclays PLC BCS from Buy to Neutral. Barclays earned $0.47 in the third quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $12.20 and a 52-week-low of $7.21. At the end of the last trading period, Barclays closed at $11.05.

Odeon Capital downgraded the previous rating for Goldman Sachs Group Inc GS from Buy to Hold. In the fourth quarter, Goldman Sachs Group showed an EPS of $10.81, compared to $12.08 from the year-ago quarter. The current stock performance of Goldman Sachs Group shows a 52-week-high of $426.16 and a 52-week-low of $270.62. Moreover, at the end of the last trading period, the closing price was at $341.03.

According to Odeon Capital, the prior rating for Morgan Stanley MS was changed from Buy to Hold. For the fourth quarter, Morgan Stanley had an EPS of $2.08, compared to year-ago quarter EPS of $1.92. The stock has a 52-week-high of $106.47 and a 52-week-low of $66.84. At the end of the last trading period, Morgan Stanley closed at $101.15.

Citigroup downgraded the previous rating for Oxford Industries Inc OXM from Neutral to Sell. The current stock performance of Oxford Industries shows a 52-week-high of $114.47 and a 52-week-low of $63.77. Moreover, at the end of the last trading period, the closing price was at $87.87.

Citigroup downgraded the previous rating for The Kroger Co KR from Neutral to Sell. For the third quarter, Kroger had an EPS of $0.78, compared to year-ago quarter EPS of $0.71. At the moment, the stock has a 52-week-high of $50.15 and a 52-week-low of $32.00. Kroger closed at $45.40 at the end of the last trading period.

Canaccord Genuity downgraded the previous rating for Cortexyme Inc CRTX from Buy to Hold. Cortexyme earned $0.73 in the third quarter, compared to $0.73 in the year-ago quarter. The stock has a 52-week-high of $121.98 and a 52-week-low of $5.48. At the end of the last trading period, Cortexyme closed at $5.59.

According to Deutsche Bank, the prior rating for Teradyne Inc TER was changed from Buy to Hold. Teradyne earned $1.37 in the fourth quarter, compared to $1.10 in the year-ago quarter. The current stock performance of Teradyne shows a 52-week-high of $168.91 and a 52-week-low of $102.51. Moreover, at the end of the last trading period, the closing price was at $111.24.

RBC Capital downgraded the previous rating for Ollie's Bargain Outlet Holdings Inc OLLI from Outperform to Sector Perform. For the third quarter, Ollie's Bargain Outlet had an EPS of $0.34, compared to year-ago quarter EPS of $0.65. The current stock performance of Ollie's Bargain Outlet shows a 52-week-high of $123.52 and a 52-week-low of $43.50. Moreover, at the end of the last trading period, the closing price was at $44.06.

For Nielsen Holdings PLC NLSN, Truist Securities downgraded the previous rating of Buy to Hold. Nielsen Holdings earned $0.45 in the third quarter, compared to $0.43 in the year-ago quarter. The current stock performance of Nielsen Holdings shows a 52-week-high of $28.42 and a 52-week-low of $17.87. Moreover, at the end of the last trading period, the closing price was at $18.04.

Stifel downgraded the previous rating for Teradyne Inc TER from Buy to Hold. Teradyne earned $1.37 in the fourth quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $168.91 and a 52-week-low of $102.51. At the end of the last trading period, Teradyne closed at $111.24.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Jefferies initiated coverage on Marathon Digital Holdings Inc MARA. The price target seems to have been set at $51.00 for Marathon Digital Holdings. Marathon Digital Holdings earned $0.85 in the third quarter, compared to $0.06 in the year-ago quarter. The current stock performance of Marathon Digital Holdings shows a 52-week-high of $83.45 and a 52-week-low of $16.48. Moreover, at the end of the last trading period, the closing price was at $19.79.

Truist Securities initiated coverage on Veeva Systems Inc VEEV with a Buy rating. The price target for Veeva Systems is set to $275.00. For the third quarter, Veeva Systems had an EPS of $0.97, compared to year-ago quarter EPS of $0.78. At the moment, the stock has a 52-week-high of $343.96 and a 52-week-low of $212.49. Veeva Systems closed at $214.58 at the end of the last trading period.

With a Buy rating, B of A Securities initiated coverage on Ginkgo Bioworks Holdings Inc DNA. The price target seems to have been set at $8.00 for Ginkgo Bioworks Holdings. At the moment, the stock has a 52-week-high of $15.86 and a 52-week-low of $4.34. Ginkgo Bioworks Holdings closed at $4.65 at the end of the last trading period.

B of A Securities initiated coverage on Nu Holdings Ltd NU with a Neutral rating. The price target for Nu Holdings is set to $7.50. For the fourth quarter, Nu Holdings had an EPS of $0.69, compared to year-ago quarter EPS of $0.56. At the moment, the stock has a 52-week-high of $12.24 and a 52-week-low of $6.75. Nu Holdings closed at $6.89 at the end of the last trading period.

EF Hutton initiated coverage on AFC Gamma Inc AFCG with a Buy rating. The price target for AFC Gamma is set to $23.00. The stock has a 52-week-high of $25.50 and a 52-week-low of $18.07. At the end of the last trading period, AFC Gamma closed at $18.24.

Truist Securities initiated coverage on Corcept Therapeutics Inc CORT with a Buy rating. The price target for Corcept Therapeutics is set to $30.00. For the third quarter, Corcept Therapeutics had an EPS of $0.30, compared to year-ago quarter EPS of $0.24. At the moment, the stock has a 52-week-high of $31.18 and a 52-week-low of $15.82. Corcept Therapeutics closed at $16.53 at the end of the last trading period.

With a Buy rating, Needham initiated coverage on CompoSecure Inc CMPO. The price target seems to have been set at $14.00 for CompoSecure. At the moment, the stock has a 52-week-high of $10.69 and a 52-week-low of $6.63. CompoSecure closed at $7.75 at the end of the last trading period.

EF Hutton initiated coverage on PEDEVCO Corp PED with a Buy rating. The price target for PEDEVCO is set to $2.00. PEDEVCO earned $0.00 in the third quarter, compared to $0.03 in 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 $1.12.

With a Buy rating, EF Hutton initiated coverage on US Energy Corp USEG. The price target seems to have been set at $5.00 for US Energy. US Energy earned $0.02 in the third quarter, compared to $0.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $7.95 and a 52-week-low of $2.91. US Energy closed at $3.03 at the end of the last trading period.

Benchmark initiated coverage on C.H. Robinson Worldwide Inc CHRW with a Buy rating. The price target for C.H. Robinson Worldwide is set to $125.00. C.H. Robinson Worldwide earned $1.85 in the third quarter, compared to $1.00 in the year-ago quarter. The stock has a 52-week-high of $112.15 and a 52-week-low of $84.67. At the end of the last trading period, C.H. Robinson Worldwide closed at $102.82.

Goldman Sachs initiated coverage on Grab Holdings Inc GRAB with a Buy rating. The price target for Grab Hldgs is set to $7.90. At the moment, the stock has a 52-week-high of $13.29 and a 52-week-low of $5.17. Grab Hldgs closed at $5.71 at the end of the last trading period.

Oppenheimer initiated coverage on Celularity Inc CELU with an Outperform rating. The price target for Celularity is set to $9.00. The current stock performance of Celularity shows a 52-week-high of $13.40 and a 52-week-low of $3.63. Moreover, at the end of the last trading period, the closing price was at $3.90.

RBC Capital initiated coverage on O'Reilly Automotive Inc ORLY with an Outperform rating. The price target for O'Reilly Automotive is set to $755.00. In the third quarter, O'Reilly Automotive showed an EPS of $8.07, compared to $7.07 from the year-ago quarter. The stock has a 52-week-high of $710.86 and a 52-week-low of $424.03. At the end of the last trading period, O'Reilly Automotive closed at $634.67.

RBC Capital initiated coverage on Target Corp TGT with an Outperform rating. The price target for Target is set to $278.00. Target earned $3.03 in the third quarter, compared to $2.79 in the year-ago quarter. The stock has a 52-week-high of $268.98 and a 52-week-low of $166.82. At the end of the last trading period, Target closed at $212.18.

With a Sector Perform rating, RBC Capital initiated coverage on Wayfair Inc W. The price target seems to have been set at $158.00 for Wayfair. In the third quarter, Wayfair showed an EPS of $0.14, compared to $2.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $355.96 and a 52-week-low of $129.50. Wayfair closed at $140.52 at the end of the last trading period.

RBC Capital initiated coverage on Advance Auto Parts Inc AAP with a Sector Perform rating. The price target for Advance Auto Parts is set to $239.00. In the third quarter, Advance Auto Parts showed an EPS of $3.21, compared to $2.81 from the year-ago quarter. The current stock performance of Advance Auto Parts shows a 52-week-high of $244.55 and a 52-week-low of $143.15. Moreover, at the end of the last trading period, the closing price was at $225.11.

RBC Capital initiated coverage on Walmart Inc WMT with an Outperform rating. The price target for Walmart is set to $160.00. In the third quarter, Walmart showed an EPS of $1.45, compared to $1.34 from the year-ago quarter. The current stock performance of Walmart shows a 52-week-high of $152.57 and a 52-week-low of $126.28. Moreover, at the end of the last trading period, the closing price was at $135.84.

RBC Capital initiated coverage on Chewy Inc CHWY with an Outperform rating. The price target for Chewy is set to $77.00. Chewy earned $0.08 in the third quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $120.00 and a 52-week-low of $36.70. At the end of the last trading period, Chewy closed at $42.71.

See all analyst ratings initiations.