Benzinga's Top Ratings Upgrades, Downgrades For October 25, 2022

Upgrades

According to Wells Fargo, the prior rating for Weber Inc WEBR was changed from Underweight to Equal-Weight. In the third quarter, Weber showed an EPS of $0.07, compared to $157.84 from the year-ago quarter. The current stock performance of Weber shows a 52-week-high of $13.09 and a 52-week-low of $4.82. Moreover, at the end of the last trading period, the closing price was at $5.03.

According to Piper Sandler, the prior rating for Isabella Bank Corp ISBA was changed from Neutral to Overweight.

According to B of A Securities, the prior rating for Associated Banc-Corp ASB was changed from Underperform to Neutral. Associated Banc earned $0.62 in the third quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $25.78 and a 52-week-low of $17.45. At the end of the last trading period, Associated Banc closed at $23.06.

According to B of A Securities, the prior rating for Hibbett Inc HIBB was changed from Neutral to Buy. In the second quarter, Hibbett showed an EPS of $1.86, compared to $2.86 from the year-ago quarter. The stock has a 52-week-high of $74.98 and a 52-week-low of $39.58. At the end of the last trading period, Hibbett closed at $56.86.

According to Daiwa Capital, the prior rating for Netflix Inc NFLX was changed from Neutral to Outperform. Netflix earned $3.10 in the third quarter, compared to $3.19 in the year-ago quarter. The stock has a 52-week-high of $609.99 and a 52-week-low of $162.71. At the end of the last trading period, Netflix closed at $282.45.

Wells Fargo upgraded the previous rating for Ross Stores Inc ROST from Equal-Weight to Overweight. In the second quarter, Ross Stores showed an EPS of $1.11, compared to $1.39 from the year-ago quarter. The stock has a 52-week-high of $115.22 and a 52-week-low of $69.24. At the end of the last trading period, Ross Stores closed at $87.09.

According to Credit Suisse, the prior rating for ReNew Energy Global PLC RNW was changed from Neutral to Outperform. For the first quarter, ReNew Energy Glb had an EPS of $0.00, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $8.97 and a 52-week-low of $5.02. At the end of the last trading period, ReNew Energy Glb closed at $5.28.

HSBC upgraded the previous rating for TechnipFMC PLC FTI from Hold to Buy. For the second quarter, TechnipFMC had an EPS of $0.02, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $10.88 and a 52-week-low of $5.47. TechnipFMC closed at $10.61 at the end of the last trading period.

Piper Sandler upgraded the previous rating for Planet Fitness Inc PLNT from Neutral to Overweight. In the second quarter, Planet Fitness showed an EPS of $0.38, compared to $0.21 from the year-ago quarter. The current stock performance of Planet Fitness shows a 52-week-high of $97.33 and a 52-week-low of $54.15. Moreover, at the end of the last trading period, the closing price was at $57.52.

See all analyst ratings upgrades.

Downgrades

According to Roth Capital, the prior rating for Denbury Inc DEN was changed from Buy to Neutral. Denbury earned $1.69 in the second quarter, compared to $0.61 in the year-ago quarter. The current stock performance of Denbury shows a 52-week-high of $104.05 and a 52-week-low of $56.59. Moreover, at the end of the last trading period, the closing price was at $97.55.

William Blair downgraded the previous rating for Sientra Inc SIEN from Outperform to Market Perform. In the second quarter, Sientra showed an EPS of $0.29, compared to $0.32 from the year-ago quarter. The current stock performance of Sientra shows a 52-week-high of $3.77 and a 52-week-low of $0.24. Moreover, at the end of the last trading period, the closing price was at $0.26.

Compass Point downgraded the previous rating for Argo Blockchain PLC ARBK from Buy to Neutral. Argo Blockchain earned $0.82 in the second quarter, compared to $0.03 in the year-ago quarter. The current stock performance of Argo Blockchain shows a 52-week-high of $13.14 and a 52-week-low of $1.37. Moreover, at the end of the last trading period, the closing price was at $1.38.

According to Stifel, the prior rating for Brigham Minerals Inc MNRL was changed from Buy to Hold. In the second quarter, Brigham Minerals showed an EPS of $0.78, compared to $0.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $33.64 and a 52-week-low of $20.53. Brigham Minerals closed at $30.58 at the end of the last trading period.

According to Jefferies, the prior rating for First Advantage Corp FA was changed from Buy to Hold. First Advantage earned $0.25 in the second quarter, compared to $0.25 in the year-ago quarter. The current stock performance of First Advantage shows a 52-week-high of $21.01 and a 52-week-low of $11.68. Moreover, at the end of the last trading period, the closing price was at $14.62.

For Equinox Gold Corp EQX, RBC Capital downgraded the previous rating of Sector Perform to Underperform. In the second quarter, Equinox Gold showed an EPS of $0.16, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.07 and a 52-week-low of $2.90. Equinox Gold closed at $3.30 at the end of the last trading period.

For Banco Latinoamericano de Comercio Exterior SA BLX, Credit Suisse downgraded the previous rating of Outperform to Neutral. Banco Latinoamericano earned $0.63 in the second quarter, compared to $0.36 in the year-ago quarter. The current stock performance of Banco Latinoamericano shows a 52-week-high of $17.35 and a 52-week-low of $12.58. Moreover, at the end of the last trading period, the closing price was at $14.73.

For Health Catalyst Inc HCAT, RBC Capital downgraded the previous rating of Outperform to Sector Perform. In the second quarter, Health Catalyst showed an EPS of $0.03, compared to $0.00 from the year-ago quarter. The current stock performance of Health Catalyst shows a 52-week-high of $40.65 and a 52-week-low of $8.36. Moreover, at the end of the last trading period, the closing price was at $8.78.

RBC Capital downgraded the previous rating for Equinox Gold Corp EQX from Sector Perform to Underperform. For the second quarter, Equinox Gold had an EPS of $0.16, compared to year-ago quarter EPS of $0.01. The current stock performance of Equinox Gold shows a 52-week-high of $9.07 and a 52-week-low of $2.90. Moreover, at the end of the last trading period, the closing price was at $3.30.

For Arista Networks Inc ANET, Credit Suisse downgraded the previous rating of Outperform to Neutral. In the second quarter, Arista Networks showed an EPS of $1.08, compared to $0.68 from the year-ago quarter. The stock has a 52-week-high of $144.50 and a 52-week-low of $89.11. At the end of the last trading period, Arista Networks closed at $110.74.

According to JP Morgan, the prior rating for Tricida Inc TCDA was changed from Neutral to Underweight. Tricida earned $0.37 in the second quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $13.85 and a 52-week-low of $0.56. At the end of the last trading period, Tricida closed at $0.60.

For Applied Genetic Technologies Corp AGTC, HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. For the fourth quarter, Applied Genetic Techs had an EPS of $0.36, compared to year-ago quarter EPS of $0.28. The current stock performance of Applied Genetic Techs shows a 52-week-high of $2.83 and a 52-week-low of $0.23. Moreover, at the end of the last trading period, the closing price was at $0.39.

According to Raymond James, the prior rating for Tremor International Ltd TRMR was changed from Outperform to Market Perform. In the second quarter, Tremor Intl showed an EPS of $0.32, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.73 and a 52-week-low of $6.49. Tremor Intl closed at $7.93 at the end of the last trading period.

SVB Leerink downgraded the previous rating for Myovant Sciences Ltd MYOV from Outperform to Market Perform. Myovant Sciences earned $0.22 in the first quarter, compared to $0.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.84 and a 52-week-low of $7.67. Myovant Sciences closed at $26.79 at the end of the last trading period.

Needham downgraded the previous rating for Tricida Inc TCDA from Buy to Hold. For the second quarter, Tricida had an EPS of $0.37, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of $13.85 and a 52-week-low of $0.56. Tricida closed at $0.60 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Credit Suisse initiated coverage on Akili Inc AKLI with an Outperform rating. The price target for Akili is set to $5.00. The stock has a 52-week-high of $37.58 and a 52-week-low of $1.78. At the end of the last trading period, Akili closed at $2.00.

Maxim Group initiated coverage on Icecure Medical Ltd ICCM with a Buy rating. The price target for Icecure Medical is set to $3.00. None

With a Buy rating, UBS initiated coverage on Stem Inc STEM. The price target seems to have been set at $19.00 for Stem. In the second quarter, Stem showed an EPS of $0.21, compared to $1.00 from the year-ago quarter. The current stock performance of Stem shows a 52-week-high of $19.75 and a 52-week-low of $5.72. Moreover, at the end of the last trading period, the closing price was at $11.59.

UBS initiated coverage on Altus Power Inc AMPS with a Buy rating. The price target for Altus Power is set to $14.00. Altus Power earned $0.02 in the second quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.71 and a 52-week-low of $4.26. Altus Power closed at $9.18 at the end of the last trading period.

UBS initiated coverage on NuScale Power Corp SMR with a Neutral rating. The price target for NuScale Power is set to $13.00. NuScale Power earned $0.08 in the second quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.85 and a 52-week-low of $8.87. NuScale Power closed at $12.21 at the end of the last trading period.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Mainz Biomed BV MYNZ. The price target seems to have been set at $15.00 for Mainz Biomed. NoneThe stock has a 52-week-high of $30.00 and a 52-week-low of $6.06. At the end of the last trading period, Mainz Biomed closed at $6.63.

With an Overweight rating, Piper Sandler initiated coverage on Deckers Outdoor Corp DECK. The price target seems to have been set at $440.00 for Deckers Outdoor. Deckers Outdoor earned $1.66 in the first quarter, compared to $1.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $373.41 and a 52-week-low of $212.93. Deckers Outdoor closed at $361.62 at the end of the last trading period.

Truist Securities initiated coverage on PROCEPT BioRobotics Corp PRCT with a Buy rating. The price target for PROCEPT BioRobotics is set to $58.00. PROCEPT BioRobotics earned $0.43 in the second quarter, compared to $2.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.40 and a 52-week-low of $15.38. PROCEPT BioRobotics closed at $42.85 at the end of the last trading period.

RBC Capital initiated coverage on Quaker Houghton KWR with an Outperform rating. The price target for Quaker Houghton is set to $196.00. Quaker Houghton earned $1.32 in the second quarter, compared to $1.82 in the year-ago quarter. At the moment, the stock has a 52-week-high of $245.22 and a 52-week-low of $129.06. Quaker Houghton closed at $144.92 at the end of the last trading period.

Mizuho initiated coverage on Upstart Holdings Inc UPST with an Underperform rating. The price target for Upstart Hldgs is set to $17.00. For the second quarter, Upstart Hldgs had an EPS of $0.01, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $161.00 and a 52-week-low of $20.12. At the end of the last trading period, Upstart Hldgs closed at $21.26.

Goldman Sachs initiated coverage on LSB Industries Inc LXU with a Neutral rating. The price target for LSB Industries is set to $20.00. LSB Industries earned $1.22 in the second quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.45 and a 52-week-low of $9.06. LSB Industries closed at $16.11 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on LAVA Therapeutics NV LVTX with a Buy rating. The price target for LAVA Therapeutics is set to $9.00. In the second quarter, LAVA Therapeutics showed an EPS of $0.31, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $6.90 and a 52-week-low of $2.28. LAVA Therapeutics closed at $4.26 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on Forward Air Corp FWRD. The price target seems to have been set at $120.00 for Forward Air. For the second quarter, Forward Air had an EPS of $2.04, compared to year-ago quarter EPS of $1.11. At the moment, the stock has a 52-week-high of $125.71 and a 52-week-low of $84.04. Forward Air closed at $98.98 at the end of the last trading period.

Jefferies initiated coverage on GXO Logistics Inc GXO with a Buy rating. The price target for GXO Logistics is set to $70.00. In the second quarter, GXO Logistics showed an EPS of $0.68, compared to $0.10 from the year-ago quarter. The stock has a 52-week-high of $92.04 and a 52-week-low of $32.10. At the end of the last trading period, GXO Logistics closed at $33.20.

Jefferies initiated coverage on FedEx Corp FDX with a Hold rating. The price target for FedEx is set to $170.00. For the first quarter, FedEx had an EPS of $3.44, compared to year-ago quarter EPS of $4.37. The stock has a 52-week-high of $266.79 and a 52-week-low of $141.92. At the end of the last trading period, FedEx closed at $154.76.

Jefferies initiated coverage on Landstar System Inc LSTR with a Hold rating. The price target for Landstar System is set to $145.00. Landstar System earned $2.76 in the third quarter, compared to $2.58 in the year-ago quarter. The current stock performance of Landstar System shows a 52-week-high of $182.00 and a 52-week-low of $137.15. Moreover, at the end of the last trading period, the closing price was at $149.33.

With a Buy rating, Jefferies initiated coverage on XPO Logistics Inc XPO. The price target seems to have been set at $70.00 for XPO Logistics. In the second quarter, XPO Logistics showed an EPS of $1.81, compared to $1.86 from the year-ago quarter. The stock has a 52-week-high of $79.63 and a 52-week-low of $41.67. At the end of the last trading period, XPO Logistics closed at $47.27.

Jefferies initiated coverage on C.H. Robinson Worldwide Inc CHRW with a Hold rating. The price target for C.H. Robinson Worldwide is set to $100.00. In the second quarter, C.H. Robinson Worldwide showed an EPS of $2.67, compared to $1.44 from the year-ago quarter. The current stock performance of C.H. Robinson Worldwide shows a 52-week-high of $121.23 and a 52-week-low of $86.57. Moreover, at the end of the last trading period, the closing price was at $94.44.

Jefferies initiated coverage on United Parcel Service Inc UPS with a Buy rating. The price target for United Parcel Service is set to $190.00. United Parcel Service earned $2.99 in the third quarter, compared to $2.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $233.72 and a 52-week-low of $154.87. United Parcel Service closed at $167.55 at the end of the last trading period.

Rosenblatt initiated coverage on Innoviz Technologies Ltd INVZ with a Neutral rating. The price target for Innoviz Technologies is set to $5.00. Innoviz Technologies earned $0.21 in the second quarter, compared to $0.58 in the year-ago quarter. The stock has a 52-week-high of $6.47 and a 52-week-low of $2.89. At the end of the last trading period, Innoviz Technologies closed at $4.53.

With a Buy rating, Rosenblatt initiated coverage on Ouster Inc OUST. The price target seems to have been set at $2.00 for Ouster. In the second quarter, Ouster showed an EPS of $0.16, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.54 and a 52-week-low of $0.76. Ouster closed at $0.93 at the end of the last trading period.

With a Neutral rating, Rosenblatt initiated coverage on Luminar Technologies Inc LAZR. The price target seems to have been set at $8.00 for Luminar Technologies. For the second quarter, Luminar Technologies had an EPS of $0.18, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $18.16 and a 52-week-low of $5.61. At the end of the last trading period, Luminar Technologies closed at $6.82.

With a Neutral rating, Piper Sandler initiated coverage on Caleres Inc CAL. The price target seems to have been set at $28.00 for Caleres. For the second quarter, Caleres had an EPS of $1.38, compared to year-ago quarter EPS of $1.19. At the moment, the stock has a 52-week-high of $31.13 and a 52-week-low of $17.82. Caleres closed at $26.11 at the end of the last trading period.

See all analyst ratings initiations.