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

Upgrades

• According to Baird, the prior rating for Ultragenyx Pharmaceutical Inc RARE was changed from Neutral to Outperform. Ultragenyx Pharmaceutical earned $2.43 in the third quarter, compared to $1.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $88.12 and a 52-week-low of $36.67. Ultragenyx Pharmaceutical closed at $40.59 at the end of the last trading period.
• According to Piper Sandler, the prior rating for Alkermes PLC ALKS was changed from Neutral to Overweight. In the third quarter, Alkermes showed an EPS of $0.02, compared to $0.14 from the year-ago quarter. The current stock performance of Alkermes shows a 52-week-high of $32.79 and a 52-week-low of $21.75. Moreover, at the end of the last trading period, the closing price was at $24.06.
• For Freshpet Inc FRPT, Citigroup upgraded the previous rating of Sell to Neutral. For the third quarter, Freshpet had an EPS of $0.39, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $118.77 and a 52-week-low of $36.02. At the end of the last trading period, Freshpet closed at $63.12.
• According to William Blair, the prior rating for Lindblad Expeditions Holdings Inc LIND was changed from Market Perform to Outperform. In the third quarter, Lindblad Expeditions showed an EPS of $0.18, compared to $0.50 from the year-ago quarter. The stock has a 52-week-high of $19.13 and a 52-week-low of $5.91. At the end of the last trading period, Lindblad Expeditions closed at $9.32.

See all analyst ratings upgrades.

Downgrades

• For Identiv Inc INVE, Northland Capital Markets downgraded the previous rating of Outperform to Market Perform. For the third quarter, Identiv had an EPS of $0.01, compared to year-ago quarter EPS of $0.09. The current stock performance of Identiv shows a 52-week-high of $28.37 and a 52-week-low of $10.70. Moreover, at the end of the last trading period, the closing price was at $11.74.
• For Clean Harbors Inc CLH, UBS downgraded the previous rating of Buy to Neutral. For the third quarter, Clean Harbors had an EPS of $2.43, compared to year-ago quarter EPS of $1.14. At the moment, the stock has a 52-week-high of $124.49 and a 52-week-low of $81.56. Clean Harbors closed at $119.22 at the end of the last trading period.
• For Nutrien Ltd NTR, Scotiabank downgraded the previous rating of Sector Outperform to Sector Perform. In the third quarter, Nutrien showed an EPS of $2.51, compared to $1.38 from the year-ago quarter. The current stock performance of Nutrien shows a 52-week-high of $117.25 and a 52-week-low of $67.23. Moreover, at the end of the last trading period, the closing price was at $82.98.
• According to William Blair, the prior rating for Cognizant Technology Solutions Corp CTSH was changed from Outperform to Market Perform. In the third quarter, Cognizant Tech Solns showed an EPS of $1.17, compared to $1.06 from the year-ago quarter. The current stock performance of Cognizant Tech Solns shows a 52-week-high of $93.47 and a 52-week-low of $55.40. Moreover, at the end of the last trading period, the closing price was at $60.26.
• According to Morgan Stanley, the prior rating for Lincoln National Corp LNC was changed from Overweight to Equal-Weight. For the third quarter, Lincoln National had an EPS of $1.39, compared to year-ago quarter EPS of $1.62. The stock has a 52-week-high of $76.40 and a 52-week-low of $43.01. At the end of the last trading period, Lincoln National closed at $52.10.
• Guggenheim downgraded the previous rating for Roku Inc ROKU from Buy to Neutral. In the third quarter, Roku showed an EPS of $0.88, compared to $0.48 from the year-ago quarter. The current stock performance of Roku shows a 52-week-high of $238.36 and a 52-week-low of $47.27. Moreover, at the end of the last trading period, the closing price was at $54.32.
• For Omnicell Inc OMCL, Benchmark downgraded the previous rating of Buy to Hold. In the third quarter, Omnicell showed an EPS of $1.00, compared to $1.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $182.77 and a 52-week-low of $48.95. Omnicell closed at $50.00 at the end of the last trading period.
• According to Rosenblatt, the prior rating for Roku Inc ROKU was changed from Buy to Neutral. Roku earned $0.88 in the third quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $238.36 and a 52-week-low of $47.27. Roku closed at $54.32 at the end of the last trading period.
• According to Canaccord Genuity, the prior rating for Zillow Group Inc ZG was changed from Buy to Hold. Zillow Gr earned $0.38 in the third quarter, compared to $0.95 in the year-ago quarter. At the moment, the stock has a 52-week-high of $65.16 and a 52-week-low of $26.21. Zillow Gr closed at $29.43 at the end of the last trading period.
• According to RBC Capital, the prior rating for Fisker Inc FSR was changed from Overweight to Sector Weight. For the third quarter, Fisker had an EPS of $0.49, compared to year-ago quarter EPS of $0.37. The current stock performance of Fisker shows a 52-week-high of $18.20 and a 52-week-low of $6.41. Moreover, at the end of the last trading period, the closing price was at $8.06.
• RBC Capital downgraded the previous rating for Cognizant Technology Solutions Corp CTSH from Outperform to Sector Perform. For the third quarter, Cognizant Tech Solns had an EPS of $1.17, compared to year-ago quarter EPS of $1.06. The stock has a 52-week-high of $93.47 and a 52-week-low of $55.40. At the end of the last trading period, Cognizant Tech Solns closed at $60.26.
• B. Riley Securities downgraded the previous rating for Identiv Inc INVE from Buy to Neutral. In the third quarter, Identiv showed an EPS of $0.01, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $28.37 and a 52-week-low of $10.70. At the end of the last trading period, Identiv closed at $11.74.
• For Bilibili Inc BILI, B of A Securities downgraded the previous rating of Buy to Neutral. Bilibili earned $0.74 in the second quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $46.35 and a 52-week-low of $8.23. At the end of the last trading period, Bilibili closed at $9.26.
• According to B of A Securities, the prior rating for AvidXchange Holdings Inc AVDX was changed from Neutral to Underperform. AvidXchange Holdings earned $0.06 in the third quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $16.01 and a 52-week-low of $5.86. At the end of the last trading period, AvidXchange Holdings closed at $8.17.
• JP Morgan downgraded the previous rating for Qorvo Inc QRVO from Overweight to Underweight. Qorvo earned $2.66 in the second quarter, compared to $3.42 in the year-ago quarter. The stock has a 52-week-high of $163.12 and a 52-week-low of $75.38. At the end of the last trading period, Qorvo closed at $84.48.
• Oppenheimer downgraded the previous rating for UiPath Inc PATH from Outperform to Perform. In the second quarter, UiPath showed an EPS of $0.02, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $44.13 and a 52-week-low of $11.09. At the end of the last trading period, UiPath closed at $11.16.
• According to Cowen & Co., the prior rating for Power Integrations Inc POWI was changed from Outperform to Market Perform. For the third quarter, Power Integrations had an EPS of $0.84, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $98.92 and a 52-week-low of $60.01. Power Integrations closed at $66.36 at the end of the last trading period.
• Cowen & Co. downgraded the previous rating for Littelfuse Inc LFUS from Outperform to Market Perform. In the third quarter, Littelfuse showed an EPS of $4.28, compared to $3.95 from the year-ago quarter. The current stock performance of Littelfuse shows a 52-week-high of $326.82 and a 52-week-low of $192.19. Moreover, at the end of the last trading period, the closing price was at $208.48.
• For HubSpot Inc HUBS, Oppenheimer downgraded the previous rating of Outperform to Perform. For the third quarter, HubSpot had an EPS of $0.69, compared to year-ago quarter EPS of $0.50. At the moment, the stock has a 52-week-high of $659.24 and a 52-week-low of $245.03. HubSpot closed at $263.58 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

• With an Overweight rating, Capital One initiated coverage on Akoya Biosciences Inc AKYA. The price target seems to have been set at $19.00 for Akoya Biosciences. For the second quarter, Akoya Biosciences had an EPS of $0.47, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $16.57 and a 52-week-low of $8.02. Akoya Biosciences closed at $13.32 at the end of the last trading period.
• With a Buy rating, Roth Capital initiated coverage on Blue Star Foods Corp BSFC. The price target seems to have been set at $3.00 for Blue Star Foods. Blue Star Foods earned $0.06 in the second quarter, compared to $0.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.80 and a 52-week-low of $0.61. Blue Star Foods closed at $0.94 at the end of the last trading period.
• Wells Fargo initiated coverage on Keysight Technologies Inc KEYS with an Overweight rating. The price target for Keysight Technologies is set to $200.00. Keysight Technologies earned $2.01 in the third quarter, compared to $1.54 in the year-ago quarter. The stock has a 52-week-high of $207.22 and a 52-week-low of $127.93. At the end of the last trading period, Keysight Technologies closed at $167.10.

See all analyst ratings initiations.