Benzinga's Top Ratings Upgrades, Downgrades For December 29, 2022

Upgrades

CFRA upgraded the previous rating for Netflix Inc NFLX from Sell to Buy. 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 $620.61 and a 52-week-low of $162.71. At the end of the last trading period, Netflix closed at $276.88.

See all analyst ratings upgrades.

Downgrades

HC Wainwright & Co. downgraded the previous rating for Loop Industries Inc LOOP from Buy to Neutral. For the second quarter, Loop Industries had an EPS of $0.16, compared to year-ago quarter EPS of $0.19. The current stock performance of Loop Industries shows a 52-week-high of $13.05 and a 52-week-low of $2.05. Moreover, at the end of the last trading period, the closing price was at $2.51.

See all analyst ratings downgrades.

Initiations

Piper Sandler initiated coverage on Getaround Inc GETR with an Overweight rating. The price target for Getaround is set to $1.50. The stock has a 52-week-high of $3.29 and a 52-week-low of $0.54. At the end of the last trading period, Getaround closed at $0.54.

Piper Sandler initiated coverage on Skechers USA Inc SKX with a Neutral rating. The price target for Skechers USA is set to $42.00. Skechers USA earned $0.55 in the third quarter, compared to $0.66 in the year-ago quarter. The current stock performance of Skechers USA shows a 52-week-high of $49.89 and a 52-week-low of $31.28. Moreover, at the end of the last trading period, the closing price was at $41.62.

See all analyst ratings initiations.