Benzinga's Top Ratings Upgrades, Downgrades For March 14, 2022

Upgrades

Janney Montgomery Scott upgraded the previous rating for Enova International Inc ENVA from Neutral to Buy. Enova International earned $1.61 in the fourth quarter, compared to $2.39 in the year-ago quarter. The stock has a 52-week-high of $47.88 and a 52-week-low of $30.04. At the end of the last trading period, Enova International closed at $33.50.

Seaport Global upgraded the previous rating for Helmerich & Payne Inc HP from Neutral to Buy. For the first quarter, Helmerich & Payne had an EPS of $0.45, compared to year-ago quarter EPS of $0.82. The stock has a 52-week-high of $45.40 and a 52-week-low of $20.93. At the end of the last trading period, Helmerich & Payne closed at $41.88.

According to Berenberg, the prior rating for Deutsche Bank AG DB was changed from Sell to Hold. For the fourth quarter, Deutsche Bank had an EPS of $0.14, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $16.70 and a 52-week-low of $9.46. At the end of the last trading period, Deutsche Bank closed at $10.25.

B of A Securities upgraded the previous rating for BRP Group Inc BRP from Neutral to Buy. BRP Group earned $0.10 in the fourth quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $45.36 and a 52-week-low of $22.00. At the end of the last trading period, BRP Group closed at $24.50.

Wolfe Research upgraded the previous rating for Tenaris SA TS from Underperform to Peer Perform. For the fourth quarter, Tenaris had an EPS of $0.63, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $29.87 and a 52-week-low of $18.80. At the end of the last trading period, Tenaris closed at $28.35.

According to Wolfe Research, the prior rating for TFI International Inc TFII was changed from Peer Perform to Outperform. For the fourth quarter, TFI International had an EPS of $1.57, compared to year-ago quarter EPS of $0.98. The current stock performance of TFI International shows a 52-week-high of $120.50 and a 52-week-low of $69.49. Moreover, at the end of the last trading period, the closing price was at $92.76.

For Fortive Corp FTV, Barclays upgraded the previous rating of Equal-Weight to Overweight. Fortive earned $0.79 in the fourth quarter, compared to $0.70 in the year-ago quarter. The current stock performance of Fortive shows a 52-week-high of $79.87 and a 52-week-low of $56.06. Moreover, at the end of the last trading period, the closing price was at $56.24.

According to Bernstein, the prior rating for Unilever PLC UL was changed from Underperform to Market Perform. NoneThe stock has a 52-week-high of $61.81 and a 52-week-low of $43.11. At the end of the last trading period, Unilever closed at $43.95.

For Nokia Oyj NOK, Raymond James upgraded the previous rating of Market Perform to Outperform. In the fourth quarter, Nokia showed an EPS of $0.15, compared to $0.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $6.40 and a 52-week-low of $3.90. Nokia closed at $4.81 at the end of the last trading period.

For LTC Properties Inc LTC, RBC Capital upgraded the previous rating of Underperform to Sector Perform. LTC Properties earned $0.56 in the fourth quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $44.73 and a 52-week-low of $31.36. LTC Properties closed at $35.80 at the end of the last trading period.

Wells Fargo upgraded the previous rating for Centennial Resource Development Inc CDEV from Underweight to Equal-Weight. For the fourth quarter, Centennial Resource Dev had an EPS of $0.51, compared to year-ago quarter EPS of $0.32. At the moment, the stock has a 52-week-high of $9.30 and a 52-week-low of $3.69. Centennial Resource Dev closed at $8.01 at the end of the last trading period.

Keybanc upgraded the previous rating for Olin Corp OLN from Sector Weight to Overweight. Olin earned $2.41 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $64.76 and a 52-week-low of $32.76. Olin closed at $48.67 at the end of the last trading period.

According to Keybanc, the prior rating for Helios Technologies Inc HLIO was changed from Sector Weight to Overweight. For the fourth quarter, Helios Technologies had an EPS of $1.01, compared to year-ago quarter EPS of $0.60. At the moment, the stock has a 52-week-high of $114.89 and a 52-week-low of $67.29. Helios Technologies closed at $70.70 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Nektar Therapeutics NKTR, B of A Securities downgraded the previous rating of Neutral to Underperform. Nektar Therapeutics earned $0.79 in the fourth quarter, compared to $0.65 in the year-ago quarter. The current stock performance of Nektar Therapeutics shows a 52-week-high of $23.50 and a 52-week-low of $9.31. Moreover, at the end of the last trading period, the closing price was at $10.63.

JP Morgan downgraded the previous rating for Hello Group Inc MOMO from Overweight to Neutral. Hello Gr earned $0.42 in the third quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $17.34 and a 52-week-low of $6.65. At the end of the last trading period, Hello Gr closed at $6.65.

According to JP Morgan, the prior rating for iQIYI Inc IQ was changed from Overweight to Underweight. In the fourth quarter, iQIYI showed an EPS of $0.35, compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of $28.97 and a 52-week-low of $2.77. At the end of the last trading period, iQIYI closed at $2.78.

For Trip.com Group Ltd TCOM, JP Morgan downgraded the previous rating of Overweight to Neutral. In the third quarter, Trip.com Group showed an EPS of $0.13, compared to $0.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.19 and a 52-week-low of $19.36. Trip.com Group closed at $19.37 at the end of the last trading period.

For NetEase Inc NTES, JP Morgan downgraded the previous rating of Overweight to Underweight. NetEase earned $1.56 in the fourth quarter, compared to $0.36 in the year-ago quarter. The stock has a 52-week-high of $120.84 and a 52-week-low of $76.95. At the end of the last trading period, NetEase closed at $79.09.

For JOYY Inc YY, JP Morgan downgraded the previous rating of Overweight to Underweight. In the third quarter, JOYY showed an EPS of $0.42, compared to $1.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $128.46 and a 52-week-low of $31.11. JOYY closed at $31.20 at the end of the last trading period.

For KE Holdings Inc BEKE, JP Morgan downgraded the previous rating of Overweight to Underweight. For the fourth quarter, KE Holdings had an EPS of $0.01, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $72.49 and a 52-week-low of $9.77. At the end of the last trading period, KE Holdings closed at $10.04.

According to JP Morgan, the prior rating for Pinduoduo Inc PDD was changed from Overweight to Underweight. Pinduoduo earned $0.34 in the third quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $169.45 and a 52-week-low of $32.09. Pinduoduo closed at $32.13 at the end of the last trading period.

JP Morgan downgraded the previous rating for Bilibili Inc BILI from Overweight to Underweight. Bilibili earned $0.66 in the fourth quarter, compared to $0.29 in the year-ago quarter. At the moment, the stock has a 52-week-high of $129.24 and a 52-week-low of $18.88. Bilibili closed at $19.02 at the end of the last trading period.

JP Morgan downgraded the previous rating for Baozun Inc BZUN from Overweight to Underweight. For the fourth quarter, Baozun had an EPS of $0.17, compared to year-ago quarter EPS of $0.55. The current stock performance of Baozun shows a 52-week-high of $46.51 and a 52-week-low of $6.49. Moreover, at the end of the last trading period, the closing price was at $6.49.

For Dada Nexus Ltd DADA, JP Morgan downgraded the previous rating of Overweight to Neutral. For the fourth quarter, Dada Nexus had an EPS of $0.32, compared to year-ago quarter EPS of $0.28. The current stock performance of Dada Nexus shows a 52-week-high of $33.40 and a 52-week-low of $6.31. Moreover, at the end of the last trading period, the closing price was at $7.05.

According to JP Morgan, the prior rating for DouYu International Holdings Ltd DOYU was changed from Neutral to Underweight. For the third quarter, DouYu International Hldgs had an EPS of $0.02, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $14.78 and a 52-week-low of $1.44. At the end of the last trading period, DouYu International Hldgs closed at $1.46.

According to JP Morgan, the prior rating for HUYA Inc HUYA was changed from Neutral to Underweight. HUYA earned $0.12 in the third quarter, compared to $0.22 in the year-ago quarter. The current stock performance of HUYA shows a 52-week-high of $26.98 and a 52-week-low of $3.66. Moreover, at the end of the last trading period, the closing price was at $3.66.

JP Morgan downgraded the previous rating for Kingsoft Cloud Holdings Ltd KC from Neutral to Underweight. In the third quarter, Kingsoft Cloud Holdings showed an EPS of $0.22, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $55.98 and a 52-week-low of $4.83. Kingsoft Cloud Holdings closed at $4.91 at the end of the last trading period.

Tudor Pickering downgraded the previous rating for Dril-Quip Inc DRQ from Buy to Hold. In the fourth quarter, Dril-Quip showed an EPS of $0.46, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $41.23 and a 52-week-low of $18.17. Dril-Quip closed at $40.30 at the end of the last trading period.

Lake Street downgraded the previous rating for Centrus Energy Corp LEU from Buy to Hold. For the fourth quarter, Centrus Energy had an EPS of $8.14, compared to year-ago quarter EPS of $1.46. The current stock performance of Centrus Energy shows a 52-week-high of $88.88 and a 52-week-low of $20.09. Moreover, at the end of the last trading period, the closing price was at $39.70.

According to CLSA, the prior rating for Futu Holdings Ltd FUTU was changed from Outperform to Underperform. In the fourth quarter, Futu Holdings showed an EPS of $0.45, compared to $0.49 from the year-ago quarter. The current stock performance of Futu Holdings shows a 52-week-high of $181.44 and a 52-week-low of $24.05. Moreover, at the end of the last trading period, the closing price was at $25.74.

For Alibaba Group Holding Ltd BABA, JP Morgan downgraded the previous rating of Overweight to Underweight. In the third quarter, Alibaba Group Holding showed an EPS of $2.65, compared to $3.38 from the year-ago quarter. The stock has a 52-week-high of $245.69 and a 52-week-low of $86.68. At the end of the last trading period, Alibaba Group Holding closed at $86.71.

JP Morgan downgraded the previous rating for JD.com Inc JD from Overweight to Underweight. For the fourth quarter, JD.com had an EPS of $0.35, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $94.40 and a 52-week-low of $47.85. At the end of the last trading period, JD.com closed at $47.99.

According to Seaport Global, the prior rating for American Electric Power Co Inc AEP was changed from Buy to Neutral. American Electric Power earned $0.98 in the fourth quarter, compared to $0.87 in the year-ago quarter. The stock has a 52-week-high of $98.15 and a 52-week-low of $79.69. At the end of the last trading period, American Electric Power closed at $95.54.

According to B of A Securities, the prior rating for BCE Inc BCE was changed from Buy to Neutral. In the fourth quarter, BCE showed an EPS of $0.60, compared to $0.62 from the year-ago quarter. The current stock performance of BCE shows a 52-week-high of $56.33 and a 52-week-low of $44.60. Moreover, at the end of the last trading period, the closing price was at $55.21.

For The Vita Coco Co Inc COCO, B of A Securities downgraded the previous rating of Buy to Neutral. The current stock performance of Vita Coco shows a 52-week-high of $18.61 and a 52-week-low of $8.01. Moreover, at the end of the last trading period, the closing price was at $8.55.

For Campbell Soup Co CPB, R5 Capital downgraded the previous rating of Buy to Hold. For the second quarter, Campbell Soup had an EPS of $0.69, compared to year-ago quarter EPS of $0.84. The current stock performance of Campbell Soup shows a 52-week-high of $52.23 and a 52-week-low of $39.76. Moreover, at the end of the last trading period, the closing price was at $42.17.

RBC Capital downgraded the previous rating for IT Tech Packaging Inc ITP from Outperform to Sector Perform. IT Tech Packaging earned $0.03 in the third quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $0.78 and a 52-week-low of $0.16. At the end of the last trading period, IT Tech Packaging closed at $0.20.

For AcelRx Pharmaceuticals Inc ACRX, HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. For the fourth quarter, AcelRx Pharmaceuticals had an EPS of $0.06, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $2.30 and a 52-week-low of $0.32. At the end of the last trading period, AcelRx Pharmaceuticals closed at $0.34.

According to Wells Fargo, the prior rating for Southwestern Energy Co SWN was changed from Equal-Weight to Underweight. Southwestern Energy earned $0.31 in the fourth quarter, compared to $0.18 in the year-ago quarter. The stock has a 52-week-high of $6.15 and a 52-week-low of $3.81. At the end of the last trading period, Southwestern Energy closed at $5.54.

Wells Fargo downgraded the previous rating for Northern Oil & Gas Inc NOG from Overweight to Equal-Weight. In the fourth quarter, Northern Oil & Gas showed an EPS of $1.06, compared to $0.64 from the year-ago quarter. At the moment, the stock has a 52-week-high of $29.10 and a 52-week-low of $11.40. Northern Oil & Gas closed at $24.98 at the end of the last trading period.

For USA Compression Partners LP USAC, JP Morgan downgraded the previous rating of Neutral to Underweight. USA Compression Partners earned $0.09 in the fourth quarter, compared to $0.14 in the year-ago quarter. The stock has a 52-week-high of $18.14 and a 52-week-low of $13.84. At the end of the last trading period, USA Compression Partners closed at $17.84.

Barclays downgraded the previous rating for Omnicom Group Inc OMC from Overweight to Equal-Weight. For the fourth quarter, Omnicom Group had an EPS of $1.95, compared to year-ago quarter EPS of $1.90. The stock has a 52-week-high of $91.61 and a 52-week-low of $65.76. At the end of the last trading period, Omnicom Group closed at $76.25.

According to Barclays, the prior rating for The Interpublic Group of Companies Inc IPG was changed from Overweight to Equal-Weight. For the fourth quarter, Interpublic Gr of Cos had an EPS of $0.82, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $39.98 and a 52-week-low of $27.56. Interpublic Gr of Cos closed at $32.99 at the end of the last trading period.

According to BMO Capital, the prior rating for Tyson Foods Inc TSN was changed from Outperform to Market Perform. In the first quarter, Tyson Foods showed an EPS of $2.87, compared to $1.94 from the year-ago quarter. The stock has a 52-week-high of $100.72 and a 52-week-low of $69.88. At the end of the last trading period, Tyson Foods closed at $87.64.

For Chevron Corp CVX, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the fourth quarter, Chevron showed an EPS of $2.56, compared to $0.01 from the year-ago quarter. The current stock performance of Chevron shows a 52-week-high of $174.76 and a 52-week-low of $92.86. Moreover, at the end of the last trading period, the closing price was at $170.90.

According to Morgan Stanley, the prior rating for Occidental Petroleum Corp OXY was changed from Overweight to Equal-Weight. For the fourth quarter, Occidental Petroleum had an EPS of $1.48, compared to year-ago quarter EPS of $0.78. The current stock performance of Occidental Petroleum shows a 52-week-high of $59.60 and a 52-week-low of $21.62. Moreover, at the end of the last trading period, the closing price was at $57.95.

Raymond James downgraded the previous rating for IPG Photonics Corp IPGP from Market Perform to Underperform. For the fourth quarter, IPG Photonics had an EPS of $1.21, compared to year-ago quarter EPS of $0.92. The stock has a 52-week-high of $241.43 and a 52-week-low of $103.05. At the end of the last trading period, IPG Photonics closed at $110.80.

Keybanc downgraded the previous rating for OncoCyte Corp OCX from Overweight to Sector Weight. At the moment, the stock has a 52-week-high of $6.25 and a 52-week-low of $1.22. OncoCyte closed at $1.29 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

EF Hutton initiated coverage on Healthcare Triangle Inc HCTI with a Buy rating. The price target for Healthcare Triangle is set to $4.00. The stock has a 52-week-high of $4.35 and a 52-week-low of $0.81. At the end of the last trading period, Healthcare Triangle closed at $0.92.

With a Buy rating, Goldman Sachs initiated coverage on Constellation Energy Corp CEG. The price target seems to have been set at $62.00 for Constellation Energy. The current stock performance of Constellation Energy shows a 52-week-high of $56.57 and a 52-week-low of $42.18. Moreover, at the end of the last trading period, the closing price was at $49.32.

Zelman initiated coverage on The AZEK Co Inc AZEK with a Hold rating. In the first quarter, AZEK Co showed an EPS of $0.18, compared to $0.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.32 and a 52-week-low of $23.64. AZEK Co closed at $24.50 at the end of the last trading period.

For Trex Co Inc TREX, Zelman initiated coverage, by setting the current rating at Hold. For the fourth quarter, Trex Co had an EPS of $0.55, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $140.98 and a 52-week-low of $67.77. At the end of the last trading period, Trex Co closed at $74.04.

Barclays initiated coverage on Tyler Technologies Inc TYL with a Equal-Weight rating. The price target for Tyler Technologies is set to $445.00. In the fourth quarter, Tyler Technologies showed an EPS of $1.75, compared to $1.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $557.55 and a 52-week-low of $384.38. Tyler Technologies closed at $398.31 at the end of the last trading period.

Loop Capital initiated coverage on Oportun Financial Corp OPRT with a Buy rating. The price target for Oportun Financial is set to $24.00. For the fourth quarter, Oportun Financial had an EPS of $0.82, compared to year-ago quarter EPS of $0.60. The current stock performance of Oportun Financial shows a 52-week-high of $27.95 and a 52-week-low of $12.65. Moreover, at the end of the last trading period, the closing price was at $13.05.

Piper Sandler initiated coverage on Republic Bancorp Inc RBCAA with an Overweight rating. The price target for Republic Bancorp is set to $51.00. Republic Bancorp earned $0.84 in the fourth quarter, compared to $0.98 in the year-ago quarter. The current stock performance of Republic Bancorp shows a 52-week-high of $57.62 and a 52-week-low of $42.69. Moreover, at the end of the last trading period, the closing price was at $44.64.

Goldman Sachs initiated coverage on Energy Vault Holdings Inc NRGV with a Sell rating. The price target for Energy Vault Holdings is set to $9.00. The current stock performance of Energy Vault Holdings shows a 52-week-high of $18.57 and a 52-week-low of $8.96. Moreover, at the end of the last trading period, the closing price was at $11.35.

Needham initiated coverage on Super Group (SGHC) Ltd SGHC with a Buy rating. The price target for Super Group (SGHC) is set to $11.00. The stock has a 52-week-high of $8.90 and a 52-week-low of $7.08. At the end of the last trading period, Super Group (SGHC) closed at $8.39.

Morgan Stanley initiated coverage on Peloton Interactive Inc PTON with a Equal-Weight rating. The price target for Peloton Interactive is set to $32.00. For the second quarter, Peloton Interactive had an EPS of $1.39, compared to year-ago quarter EPS of $0.18. The current stock performance of Peloton Interactive shows a 52-week-high of $129.70 and a 52-week-low of $21.04. Moreover, at the end of the last trading period, the closing price was at $21.14.

See all analyst ratings initiations.