Benzinga's Top Ratings Upgrades, Downgrades For November 30, 2022

Upgrades

For Avadel Pharmaceuticals PLC AVDL, Jefferies upgraded the previous rating of Hold to Buy. In the third quarter, Avadel Pharmaceuticals showed an EPS of $0.33, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $9.68 and a 52-week-low of $1.05. At the end of the last trading period, Avadel Pharmaceuticals closed at $7.84.

According to Baird, the prior rating for The Cooper Companies Inc COO was changed from Neutral to Outperform. Cooper Companies earned $3.19 in the third quarter, compared to $3.41 in the year-ago quarter. The stock has a 52-week-high of $430.67 and a 52-week-low of $244.22. At the end of the last trading period, Cooper Companies closed at $307.44.

B of A Securities upgraded the previous rating for Consolidated Edison Inc ED from Underperform to Neutral. For the third quarter, Consolidated Edison had an EPS of $1.63, compared to year-ago quarter EPS of $1.41. At the moment, the stock has a 52-week-high of $102.21 and a 52-week-low of $77.50. Consolidated Edison closed at $96.30 at the end of the last trading period.

Cantor Fitzgerald upgraded the previous rating for SoundHound AI Inc SOUN from Neutral to Overweight. At the moment, the stock has a 52-week-high of $18.14 and a 52-week-low of $1.22. SoundHound AI closed at $1.32 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Tudor Pickering, the prior rating for EQT Corp EQT was changed from Buy to Hold. For the third quarter, EQT had an EPS of $1.04, compared to year-ago quarter EPS of $0.12. The current stock performance of EQT shows a 52-week-high of $51.97 and a 52-week-low of $17.95. Moreover, at the end of the last trading period, the closing price was at $42.66.

According to Lake Street, the prior rating for Apollo Endosurgery Inc APEN was changed from Buy to Hold. For the third quarter, Apollo Endosurgery had an EPS of $0.28, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $10.30 and a 52-week-low of $3.49. At the end of the last trading period, Apollo Endosurgery closed at $10.07.

For Antero Resources Corp AR, Tudor Pickering downgraded the previous rating of Buy to Hold. Antero Resources earned $1.63 in the third quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Antero Resources shows a 52-week-high of $48.80 and a 52-week-low of $15.38. Moreover, at the end of the last trading period, the closing price was at $36.93.

According to Tudor Pickering, the prior rating for Coterra Energy Inc CTRA was changed from Buy to Hold. For the third quarter, Coterra Energy had an EPS of $1.42, compared to year-ago quarter EPS of $0.52. The current stock performance of Coterra Energy shows a 52-week-high of $36.55 and a 52-week-low of $18.39. Moreover, at the end of the last trading period, the closing price was at $28.07.

Morgan Stanley downgraded the previous rating for LPL Financial Holdings Inc LPLA from Overweight to Equal-Weight. In the third quarter, LPL Finl Hldgs showed an EPS of $3.13, compared to $1.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $271.56 and a 52-week-low of $140.65. LPL Finl Hldgs closed at $239.91 at the end of the last trading period.

According to DA Davidson, the prior rating for Solid Power Inc SLDP was changed from Buy to Neutral. Solid Power earned $0.07 in the third quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Solid Power shows a 52-week-high of $14.85 and a 52-week-low of $4.28. Moreover, at the end of the last trading period, the closing price was at $4.29.

JonesTrading downgraded the previous rating for PennyMac Mortgage Investment Trust PMT from Buy to Hold. PennyMac Mortgage earned $0.01 in the third quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $18.67 and a 52-week-low of $10.78. At the end of the last trading period, PennyMac Mortgage closed at $15.08.

According to B of A Securities, the prior rating for Carvana Co CVNA was changed from Buy to Neutral. Carvana earned $2.67 in the third quarter, compared to $0.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $296.70 and a 52-week-low of $6.50. Carvana closed at $7.34 at the end of the last trading period.

According to Stifel, the prior rating for CrowdStrike Holdings Inc CRWD was changed from Buy to Hold. CrowdStrike Holdings earned $0.40 in the third quarter, compared to $0.17 in the year-ago quarter. The current stock performance of CrowdStrike Holdings shows a 52-week-high of $242.00 and a 52-week-low of $120.50. Moreover, at the end of the last trading period, the closing price was at $138.00.

RBC Capital downgraded the previous rating for Methanex Corp MEOH from Outperform to Sector Perform. In the third quarter, Methanex showed an EPS of $0.69, compared to $1.29 from the year-ago quarter. The stock has a 52-week-high of $56.79 and a 52-week-low of $28.73. At the end of the last trading period, Methanex closed at $40.38.

For Invitation Homes Inc INVH, Wolfe Research downgraded the previous rating of Outperform to Peer Perform. For the third quarter, Invitation Homes had an EPS of $0.42, compared to year-ago quarter EPS of $0.38. The current stock performance of Invitation Homes shows a 52-week-high of $45.80 and a 52-week-low of $29.56. Moreover, at the end of the last trading period, the closing price was at $31.92.

According to Wolfe Research, the prior rating for American Homes 4 Rent AMH was changed from Outperform to Peer Perform. In the third quarter, American Homes 4 Rent showed an EPS of $0.33, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $44.07 and a 52-week-low of $29.31. At the end of the last trading period, American Homes 4 Rent closed at $32.51.

Piper Sandler downgraded the previous rating for Nutrien Ltd NTR from Overweight to Neutral. Nutrien earned $2.51 in the third quarter, compared to $1.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $117.25 and a 52-week-low of $65.84. Nutrien closed at $81.64 at the end of the last trading period.

For MillerKnoll Inc MLKN, Benchmark downgraded the previous rating of Buy to Hold. In the first quarter, MillerKnoll showed an EPS of $0.44, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $41.69 and a 52-week-low of $15.54. MillerKnoll closed at $22.37 at the end of the last trading period.

According to Benchmark, the prior rating for Steelcase Inc SCS was changed from Buy to Hold. In the second quarter, Steelcase showed an EPS of $0.21, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.93 and a 52-week-low of $6.52. Steelcase closed at $8.22 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

B of A Securities initiated coverage on RXO Inc RXO with a Buy rating. The price target for RXO is set to $22.00. The stock has a 52-week-high of $20.86 and a 52-week-low of $15.17. At the end of the last trading period, RXO closed at $18.22.

UBS initiated coverage on West Pharmaceutical Services Inc WST with a Neutral rating. The price target for West Pharmaceutical Servs is set to $250.00. West Pharmaceutical Servs earned $2.03 in the third quarter, compared to $2.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $475.00 and a 52-week-low of $206.19. West Pharmaceutical Servs closed at $223.50 at the end of the last trading period.

UBS initiated coverage on SJW Group SJW with a Buy rating. The price target for SJW Gr is set to $85.00. For the third quarter, SJW Gr had an EPS of $0.82, compared to year-ago quarter EPS of $0.64. The current stock performance of SJW Gr shows a 52-week-high of $76.20 and a 52-week-low of $55.73. Moreover, at the end of the last trading period, the closing price was at $73.68.

With a Neutral rating, UBS initiated coverage on Forge Global Holdings Inc FRGE. The price target seems to have been set at $1.75 for Forge Global Holdings. Forge Global Holdings earned $0.12 in the third quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $47.50 and a 52-week-low of $1.29. Forge Global Holdings closed at $1.35 at the end of the last trading period.

UBS initiated coverage on California Water Service Group CWT with a Neutral rating. The price target for California Water Servs Gr is set to $67.00. For the third quarter, California Water Servs Gr had an EPS of $1.03, compared to year-ago quarter EPS of $1.20. The stock has a 52-week-high of $72.08 and a 52-week-low of $48.46. At the end of the last trading period, California Water Servs Gr closed at $63.15.

UBS initiated coverage on American States Water Co AWR with a Sell rating. The price target for American States Water is set to $92.00. American States Water earned $0.69 in the third quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $103.77 and a 52-week-low of $71.22. American States Water closed at $96.90 at the end of the last trading period.

JonesTrading initiated coverage on Seven Hills Realty Trust SEVN with a Buy rating. The price target for Seven Hills Realty Trust is set to $13.00. Seven Hills Realty Trust earned $0.27 in the third quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.80 and a 52-week-low of $9.02. Seven Hills Realty Trust closed at $9.46 at the end of the last trading period.

For Choice Hotels International Inc CHH, Redburn Partners initiated coverage, by setting the current rating at Sell. In the third quarter, Choice Hotels Intl showed an EPS of $1.56, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $157.46 and a 52-week-low of $104.15. At the end of the last trading period, Choice Hotels Intl closed at $121.29.

For Marriott International Inc MAR, Redburn Partners initiated coverage, by setting the current rating at Sell. For the third quarter, Marriott Intl had an EPS of $1.69, compared to year-ago quarter EPS of $0.99. The current stock performance of Marriott Intl shows a 52-week-high of $195.90 and a 52-week-low of $131.01. Moreover, at the end of the last trading period, the closing price was at $161.26.

For Wyndham Hotels & Resorts Inc WH, Redburn Partners initiated coverage, by setting the current rating at Neutral. In the third quarter, Wyndham Hotels & Resorts showed an EPS of $1.21, compared to $1.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $93.86 and a 52-week-low of $58.81. Wyndham Hotels & Resorts closed at $72.91 at the end of the last trading period.

Redburn Partners initiated coverage on Hilton Worldwide Holdings Inc HLT with a Neutral rating. Hilton Worldwide Holdings earned $1.31 in the third quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $167.99 and a 52-week-low of $108.41. Hilton Worldwide Holdings closed at $138.75 at the end of the last trading period.

For Hyatt Hotels Corp H, Redburn Partners initiated coverage, by setting the current rating at Buy. In the third quarter, Hyatt Hotels showed an EPS of $0.64, compared to $2.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $108.10 and a 52-week-low of $70.12. Hyatt Hotels closed at $98.06 at the end of the last trading period.

Janney Montgomery Scott initiated coverage on Civista Bancshares Inc CIVB with a Buy rating. The price target for Civista Bancshares is set to $27.00. For the third quarter, Civista Bancshares had an EPS of $0.72, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $25.87 and a 52-week-low of $20.10. At the end of the last trading period, Civista Bancshares closed at $22.80.

With a Neutral rating, Janney Montgomery Scott initiated coverage on LCNB Corp LCNB. The price target seems to have been set at $19.00 for LCNB. LCNB earned $0.49 in the third quarter, compared to $0.39 in the year-ago quarter. The current stock performance of LCNB shows a 52-week-high of $20.41 and a 52-week-low of $14.73. Moreover, at the end of the last trading period, the closing price was at $18.42.

Jefferies initiated coverage on AppLovin Corp APP with a Hold rating. The price target for AppLovin is set to $14.00. In the third quarter, AppLovin showed an EPS of $0.06, compared to $0.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $99.29 and a 52-week-low of $13.00. AppLovin closed at $13.44 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on LSB Industries Inc LXU. The price target seems to have been set at $20.00 for LSB Industries. In the third quarter, LSB Industries showed an EPS of $0.27, compared to $0.07 from the year-ago quarter. The current stock performance of LSB Industries shows a 52-week-high of $27.45 and a 52-week-low of $8.12. Moreover, at the end of the last trading period, the closing price was at $14.85.

With an Overweight rating, Barclays initiated coverage on Immunocore Holdings PLC IMCR. The price target seems to have been set at $80.00 for Immunocore Hldgs. In the third quarter, Immunocore Hldgs showed an EPS of $0.13, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $69.06 and a 52-week-low of $18.43. Immunocore Hldgs closed at $60.47 at the end of the last trading period.

SVB Leerink initiated coverage on Fusion Pharmaceuticals Inc FUSN with an Outperform rating. The price target for Fusion Pharmaceuticals is set to $6.00. Fusion Pharmaceuticals earned $0.55 in the third quarter, compared to $0.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.73 and a 52-week-low of $1.98. Fusion Pharmaceuticals closed at $2.16 at the end of the last trading period.

SVB Leerink initiated coverage on POINT Biopharma Global Inc PNT with an Outperform rating. The price target for POINT Biopharma Global is set to $14.00. POINT Biopharma Global earned $0.26 in the third quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $10.98 and a 52-week-low of $4.25. At the end of the last trading period, POINT Biopharma Global closed at $6.66.

With a Hold rating, Jefferies initiated coverage on DocuSign Inc DOCU. The price target seems to have been set at $50.00 for DocuSign. In the second quarter, DocuSign showed an EPS of $0.44, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $255.40 and a 52-week-low of $39.57. At the end of the last trading period, DocuSign closed at $44.56.

For Tricon Residential Inc TCN, Wolfe Research initiated coverage, by setting the current rating at Peer Perform. For the third quarter, Tricon Residential had an EPS of $0.15, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $17.23 and a 52-week-low of $7.83. At the end of the last trading period, Tricon Residential closed at $8.45.

RBC Capital initiated coverage on AerSale Corp ASLE with an Outperform rating. The price target for AerSale is set to $21.00. For the third quarter, AerSale had an EPS of $0.03, compared to year-ago quarter EPS of $0.22. The current stock performance of AerSale shows a 52-week-high of $21.76 and a 52-week-low of $12.78. Moreover, at the end of the last trading period, the closing price was at $15.20.

With a Buy rating, Rosenblatt initiated coverage on Bakkt Holdings Inc BKKT. The price target seems to have been set at $2.20 for Bakkt Hldgs. The current stock performance of Bakkt Hldgs shows a 52-week-high of $18.32 and a 52-week-low of $1.59. Moreover, at the end of the last trading period, the closing price was at $1.69.

With a Neutral rating, MKM Partners initiated coverage on Polaris Inc PII. The price target seems to have been set at $117.00 for Polaris. In the third quarter, Polaris showed an EPS of $3.25, compared to $1.98 from the year-ago quarter. At the moment, the stock has a 52-week-high of $127.37 and a 52-week-low of $91.86. Polaris closed at $113.02 at the end of the last trading period.

Benchmark initiated coverage on Kimball International Inc KBAL with a Buy rating. The price target for Kimball International is set to $12.00. In the first quarter, Kimball International showed an EPS of $0.13, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.87 and a 52-week-low of $6.24. Kimball International closed at $7.06 at the end of the last trading period.

With an In-Line rating, Evercore ISI Group initiated coverage on Lucid Group Inc LCID. The price target seems to have been set at $12.00 for Lucid Gr. In the third quarter, Lucid Gr showed an EPS of $0.40, compared to $0.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $56.70 and a 52-week-low of $9.70. Lucid Gr closed at $9.76 at the end of the last trading period.

Evercore ISI Group initiated coverage on Rivian Automotive Inc RIVN with an In-Line rating. The price target for Rivian Automotive is set to $35.00. For the third quarter, Rivian Automotive had an EPS of $1.57, compared to year-ago quarter EPS of $7.68. At the moment, the stock has a 52-week-high of $126.75 and a 52-week-low of $19.25. Rivian Automotive closed at $28.85 at the end of the last trading period.

Evercore ISI Group initiated coverage on Fisker Inc FSR with an Outperform rating. The price target for Fisker is set to $15.00. 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 $22.64 and a 52-week-low of $6.41. Moreover, at the end of the last trading period, the closing price was at $7.25.

See all analyst ratings initiations.