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

Upgrades

For Douglas Emmett Inc DEI, Evercore ISI Group upgraded the previous rating of In-Line to Outperform. For the fourth quarter, Douglas Emmett had an EPS of $0.48, compared to year-ago quarter EPS of $0.40. At the moment, the stock has a 52-week-high of $36.97 and a 52-week-low of $29.38. Douglas Emmett closed at $32.18 at the end of the last trading period.

According to Evercore ISI Group, the prior rating for Southwest Airlines Co LUV was changed from In-Line to Outperform. In the fourth quarter, Southwest Airlines showed an EPS of $0.14, compared to $1.29 from the year-ago quarter. At the moment, the stock has a 52-week-high of $64.75 and a 52-week-low of $38.66. Southwest Airlines closed at $42.32 at the end of the last trading period.

According to DA Davidson, the prior rating for SciPlay Corp SCPL was changed from Neutral to Buy. SciPlay earned $0.09 in the fourth quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $22.29 and a 52-week-low of $10.75. SciPlay closed at $12.74 at the end of the last trading period.

For Golar LNG Ltd GLNG, B of A Securities upgraded the previous rating of Underperform to Neutral. The current stock performance of Golar LNG shows a 52-week-high of $18.31 and a 52-week-low of $9.26. Moreover, at the end of the last trading period, the closing price was at $18.14.

Baird upgraded the previous rating for Vir Biotechnology Inc VIR from Underperform to Neutral. For the fourth quarter, Vir Biotechnology had an EPS of $3.92, compared to year-ago quarter EPS of $0.83. The current stock performance of Vir Biotechnology shows a 52-week-high of $68.20 and a 52-week-low of $23.60. Moreover, at the end of the last trading period, the closing price was at $24.13.

For Teladoc Health Inc TDOC, Argus Research upgraded the previous rating of Hold to Buy. For the fourth quarter, Teladoc Health had an EPS of $0.07, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $231.48 and a 52-week-low of $58.05. At the end of the last trading period, Teladoc Health closed at $72.49.

Alliance Global Partners upgraded the previous rating for Rimini Street Inc RMNI from Neutral to Buy. Rimini Street earned $0.86 in the fourth quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $11.52 and a 52-week-low of $4.19. At the end of the last trading period, Rimini Street closed at $4.53.

According to JP Morgan, the prior rating for Box Inc BOX was changed from Underweight to Neutral. For the fourth quarter, Box had an EPS of $0.24, compared to year-ago quarter EPS of $0.22. The current stock performance of Box shows a 52-week-high of $28.13 and a 52-week-low of $17.63. Moreover, at the end of the last trading period, the closing price was at $26.00.

Citigroup upgraded the previous rating for Blackstone Secured Lending Fund BXSL from Neutral to Buy. The current stock performance of Blackstone Secured shows a 52-week-high of $38.32 and a 52-week-low of $26.15. Moreover, at the end of the last trading period, the closing price was at $28.10.

B of A Securities upgraded the previous rating for Scorpio Tankers Inc STNG from Neutral to Buy. In the fourth quarter, Scorpio Tankers showed an EPS of $0.79, compared to $1.41 from the year-ago quarter. The current stock performance of Scorpio Tankers shows a 52-week-high of $24.67 and a 52-week-low of $11.02. Moreover, at the end of the last trading period, the closing price was at $17.63.

For Biogen Inc BIIB, RBC Capital upgraded the previous rating of Sector Perform to Outperform. In the fourth quarter, Biogen showed an EPS of $3.39, compared to $4.58 from the year-ago quarter. At the moment, the stock has a 52-week-high of $468.55 and a 52-week-low of $200.36. Biogen closed at $207.79 at the end of the last trading period.

According to HSBC, the prior rating for Vale SA VALE was changed from Hold to Buy. For the fourth quarter, Vale had an EPS of $1.07, compared to year-ago quarter EPS of $0.14. The current stock performance of Vale shows a 52-week-high of $23.18 and a 52-week-low of $11.16. Moreover, at the end of the last trading period, the closing price was at $19.47.

According to Morgan Stanley, the prior rating for GLOBALFOUNDRIES Inc GFS was changed from Equal-Weight to Overweight. For the fourth quarter, GLOBALFOUNDRIES had an EPS of $0.18, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of $73.25 and a 52-week-low of $43.59. GLOBALFOUNDRIES closed at $59.60 at the end of the last trading period.

BMO Capital upgraded the previous rating for Ball Corp BLL from Market Perform to Outperform. For the fourth quarter, Ball had an EPS of $0.97, compared to year-ago quarter EPS of $0.81. The current stock performance of Ball shows a 52-week-high of $98.09 and a 52-week-low of $77.95. Moreover, at the end of the last trading period, the closing price was at $88.17.

Goldman Sachs upgraded the previous rating for BanColombia SA CIB from Sell to Buy. BanColombia earned $0.32 in the fourth quarter, compared to $0.32 in the year-ago quarter. The current stock performance of BanColombia shows a 52-week-high of $37.95 and a 52-week-low of $27.64. Moreover, at the end of the last trading period, the closing price was at $37.77.

See all analyst ratings upgrades.

Downgrades

For Avalo Therapeutics Inc AVTX, Jefferies downgraded the previous rating of Buy to Hold. In the fourth quarter, Avalo Therapeutics showed an EPS of $0.16, compared to $0.19 from the year-ago quarter. The current stock performance of Avalo Therapeutics shows a 52-week-high of $4.15 and a 52-week-low of $0.70. Moreover, at the end of the last trading period, the closing price was at $0.78.

Noble Capital Markets downgraded the previous rating for Motorsport Games Inc MSGM from Outperform to Market Perform. The stock has a 52-week-high of $27.78 and a 52-week-low of $2.71. At the end of the last trading period, Motorsport Games closed at $2.93.

According to B of A Securities, the prior rating for Veeva Systems Inc VEEV was changed from Buy to Neutral. Veeva Systems earned $0.90 in the fourth quarter, compared to $0.78 in the year-ago quarter. The current stock performance of Veeva Systems shows a 52-week-high of $343.96 and a 52-week-low of $199.41. Moreover, at the end of the last trading period, the closing price was at $230.62.

For GrowGeneration Corp GRWG, Roth Capital downgraded the previous rating of Buy to Neutral. In the fourth quarter, GrowGeneration showed an EPS of $0.07, compared to $0.02 from the year-ago quarter. The stock has a 52-week-high of $59.32 and a 52-week-low of $6.74. At the end of the last trading period, GrowGeneration closed at $8.27.

For Renewable Energy Group Inc REGI, Citigroup downgraded the previous rating of Buy to Neutral. Renewable Energy Gr earned $1.03 in the fourth quarter, compared to $0.60 in the year-ago quarter. The stock has a 52-week-high of $88.51 and a 52-week-low of $32.54. At the end of the last trading period, Renewable Energy Gr closed at $60.86.

Credit Suisse downgraded the previous rating for Kinross Gold Corp KGC from Outperform to Neutral. Kinross Gold earned $0.08 in the fourth quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $8.34 and a 52-week-low of $4.90. At the end of the last trading period, Kinross Gold closed at $5.45.

For Allegiant Travel Co ALGT, Evercore ISI Group downgraded the previous rating of Outperform to In-Line. Allegiant Travel earned $1.18 in the fourth quarter, compared to $1.12 in the year-ago quarter. The current stock performance of Allegiant Travel shows a 52-week-high of $271.29 and a 52-week-low of $155.34. Moreover, at the end of the last trading period, the closing price was at $168.19.

For Rush Street Interactive Inc RSI, Craig-Hallum downgraded the previous rating of Buy to Hold. For the fourth quarter, Rush Street Interactive had an EPS of $0.15, compared to year-ago quarter EPS of $0.01. The current stock performance of Rush Street Interactive shows a 52-week-high of $21.83 and a 52-week-low of $8.18. Moreover, at the end of the last trading period, the closing price was at $10.16.

According to Evercore ISI Group, the prior rating for Kilroy Realty Corp KRC was changed from Outperform to In-Line. For the fourth quarter, Kilroy Realty had an EPS of $1.05, compared to year-ago quarter EPS of $0.95. The stock has a 52-week-high of $74.05 and a 52-week-low of $60.37. At the end of the last trading period, Kilroy Realty closed at $71.78.

According to Evercore ISI Group, the prior rating for Boston Properties Inc BXP was changed from Outperform to In-Line. For the fourth quarter, Boston Properties had an EPS of $1.55, compared to year-ago quarter EPS of $1.37. At the moment, the stock has a 52-week-high of $128.00 and a 52-week-low of $99.28. Boston Properties closed at $122.90 at the end of the last trading period.

According to SVB Leerink, the prior rating for Gemini Therapeutics Inc GMTX was changed from Outperform to Market Perform. At the moment, the stock has a 52-week-high of $19.09 and a 52-week-low of $1.16. Gemini Therapeutics closed at $1.40 at the end of the last trading period.

According to Raymond James, the prior rating for Weave Communications Inc WEAV was changed from Outperform to Market Perform. At the moment, the stock has a 52-week-high of $22.40 and a 52-week-low of $7.91. Weave Communications closed at $9.33 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Neurocrine Biosciences Inc NBIX from Overweight to Neutral. For the fourth quarter, Neurocrine Biosciences had an EPS of $0.04, compared to year-ago quarter EPS of $0.91. At the moment, the stock has a 52-week-high of $108.02 and a 52-week-low of $71.88. Neurocrine Biosciences closed at $91.86 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Teradyne Inc TER was changed from Overweight to Equal-Weight. For the fourth quarter, Teradyne had an EPS of $1.37, compared to year-ago quarter EPS of $1.10. 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 $117.30.

For NuCana PLC NCNA, Cowen & Co. downgraded the previous rating of Outperform to Market Perform. In the third quarter, NuCana showed an EPS of $0.21, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.77 and a 52-week-low of $1.88. NuCana closed at $2.94 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for Intel Corp INTC from Equal-Weight to Underweight. For the fourth quarter, Intel had an EPS of $1.09, compared to year-ago quarter EPS of $1.52. The stock has a 52-week-high of $68.49 and a 52-week-low of $43.62. At the end of the last trading period, Intel closed at $48.87.

For Qorvo Inc QRVO, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Qorvo earned $2.98 in the third quarter, compared to $3.08 in the year-ago quarter. The stock has a 52-week-high of $201.68 and a 52-week-low of $123.92. At the end of the last trading period, Qorvo closed at $137.12.

For Citigroup Inc C, Atlantic Equities downgraded the previous rating of Overweight to Neutral. In the fourth quarter, Citigroup showed an EPS of $1.46, compared to $2.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $80.29 and a 52-week-low of $55.93. Citigroup closed at $59.56 at the end of the last trading period.

For Ballys Corp BALY, Keybanc downgraded the previous rating of Overweight to Sector Weight. In the fourth quarter, Ballys showed an EPS of $0.24, compared to $0.39 from the year-ago quarter. The stock has a 52-week-high of $75.92 and a 52-week-low of $26.11. At the end of the last trading period, Ballys closed at $34.66.

According to Piper Sandler, the prior rating for Weave Communications Inc WEAV was changed from Overweight to Neutral. The stock has a 52-week-high of $22.40 and a 52-week-low of $7.91. At the end of the last trading period, Weave Communications closed at $9.33.

According to Raymond James, the prior rating for The Valens Co Inc VLNS was changed from Market Perform to Underperform. The stock has a 52-week-high of $9.93 and a 52-week-low of $1.63. At the end of the last trading period, Valens Co closed at $1.89.

According to Jefferies, the prior rating for Sotera Health Co SHC was changed from Buy to Hold. In the fourth quarter, Sotera Health showed an EPS of $0.23, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.38 and a 52-week-low of $19.39. Sotera Health closed at $20.03 at the end of the last trading period.

According to RBC Capital, the prior rating for GoHealth Inc GOCO was changed from Outperform to Sector Perform. In the third quarter, GoHealth showed an EPS of $0.18, compared to $0.65 from the year-ago quarter. At the moment, the stock has a 52-week-high of $14.46 and a 52-week-low of $1.21. GoHealth closed at $1.33 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With an Outperform rating, Northland Capital Markets initiated coverage on Duos Technologies Group Inc DUOT. The price target seems to have been set at $10.00 for Duos Technologies Group. For the third quarter, Duos Technologies Group had an EPS of $0.68, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $13.30 and a 52-week-low of $4.17. At the end of the last trading period, Duos Technologies Group closed at $5.62.

With a Buy rating, EF Hutton initiated coverage on BRT Apartments Corp BRT. The price target seems to have been set at $29.00 for BRT Apartments. For the third quarter, BRT Apartments had an EPS of $0.31, compared to year-ago quarter EPS of $0.28. The stock has a 52-week-high of $24.20 and a 52-week-low of $16.03. At the end of the last trading period, BRT Apartments closed at $22.38.

Stifel initiated coverage on Spire Global Inc SPIR with a Buy rating. The price target for Spire Globall is set to $6.00. The stock has a 52-week-high of $19.50 and a 52-week-low of $2.01. At the end of the last trading period, Spire Globall closed at $2.14.

JMP Securities initiated coverage on Consensus Cloud Solutions Inc CCSI with a Market Outperform rating. The price target for Consensus Cloud Solutions is set to $70.00. The current stock performance of Consensus Cloud Solutions shows a 52-week-high of $69.31 and a 52-week-low of $34.81. Moreover, at the end of the last trading period, the closing price was at $57.50.

With an Outperform rating, Baird initiated coverage on IVERIC bio Inc ISEE. The price target seems to have been set at $27.00 for IVERIC bio. For the fourth quarter, IVERIC bio had an EPS of $0.29, compared to year-ago quarter EPS of $0.27. The current stock performance of IVERIC bio shows a 52-week-high of $19.32 and a 52-week-low of $5.49. Moreover, at the end of the last trading period, the closing price was at $16.09.

With a Buy rating, Loop Capital initiated coverage on BrainsWay Ltd BWAY. The price target seems to have been set at $15.00 for BrainsWay. For the third quarter, BrainsWay had an EPS of $0.10, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $11.77 and a 52-week-low of $6.53. At the end of the last trading period, BrainsWay closed at $7.73.

Stifel initiated coverage on Artivion Inc AORT with a Buy rating. The price target for Artivion is set to $30.00. For the fourth quarter, Artivion had an EPS of $0.00, compared to year-ago quarter EPS of $0.20. The stock has a 52-week-high of $20.90 and a 52-week-low of $16.56. At the end of the last trading period, Artivion closed at $20.80.

See all analyst ratings initiations.