Benzinga's Top Ratings Upgrades, Downgrades For February 10, 2023

Upgrades

According to SVB Leerink, the prior rating for AbbVie Inc ABBV was changed from Underperform to Market Perform. In the fourth quarter, AbbVie showed an EPS of $3.60, compared to $3.08 from the year-ago quarter. The stock has a 52-week-high of $175.91 and a 52-week-low of $134.09. At the end of the last trading period, AbbVie closed at $148.70.

For Apollo Global Management Inc APO, Keefe, Bruyette & Woods upgraded the previous rating of Market Perform to Outperform. In the fourth quarter, Apollo Global Management showed an EPS of $1.42, compared to $1.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $74.63 and a 52-week-low of $45.62. Apollo Global Management closed at $68.40 at the end of the last trading period.

Maxim Group upgraded the previous rating for Two Harbors Investment Corp TWO from Hold to Buy. For the fourth quarter, Two Harbors Investment had an EPS of $0.73, compared to year-ago quarter EPS of $0.88. The current stock performance of Two Harbors Investment shows a 52-week-high of $22.66 and a 52-week-low of $12.12. Moreover, at the end of the last trading period, the closing price was at $16.76.

According to Gordon Haskett, the prior rating for Walmart Inc WMT was changed from Hold to Accumulate. Walmart earned $1.50 in the third quarter, compared to $1.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $160.77 and a 52-week-low of $117.27. Walmart closed at $141.52 at the end of the last trading period.

According to Gordon Haskett, the prior rating for Five Below Inc FIVE was changed from Accumulate to Buy. For the third quarter, Five Below had an EPS of $0.29, compared to year-ago quarter EPS of $0.43. The current stock performance of Five Below shows a 52-week-high of $202.94 and a 52-week-low of $109.49. Moreover, at the end of the last trading period, the closing price was at $200.31.

Gordon Haskett upgraded the previous rating for Tractor Supply Co TSCO from Accumulate to Buy. In the fourth quarter, Tractor Supply showed an EPS of $2.43, compared to $1.93 from the year-ago quarter. The stock has a 52-week-high of $241.54 and a 52-week-low of $166.49. At the end of the last trading period, Tractor Supply closed at $233.76.

Scotiabank upgraded the previous rating for Thomson Reuters Corp TRI from Sector Perform to Sector Outperform. For the fourth quarter, Thomson Reuters had an EPS of $0.73, compared to year-ago quarter EPS of $0.43. At the moment, the stock has a 52-week-high of $121.75 and a 52-week-low of $91.55. Thomson Reuters closed at $114.96 at the end of the last trading period.

Stephens & Co. upgraded the previous rating for First American Financial Corp FAF from Equal-Weight to Overweight. In the fourth quarter, First American Financial showed an EPS of $1.35, compared to $2.28 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.63 and a 52-week-low of $43.54. First American Financial closed at $57.54 at the end of the last trading period.

For Fleetcor Technologies Inc FLT, Baird upgraded the previous rating of Neutral to Outperform. In the fourth quarter, Fleetcor Technologies showed an EPS of $4.04, compared to $3.72 from the year-ago quarter. The stock has a 52-week-high of $265.30 and a 52-week-low of $161.69. At the end of the last trading period, Fleetcor Technologies closed at $203.99.

For VF Corp VFC, Stifel upgraded the previous rating of Hold to Buy. For the third quarter, VF had an EPS of $1.12, compared to year-ago quarter EPS of $1.35. The stock has a 52-week-high of $64.74 and a 52-week-low of $25.05. At the end of the last trading period, VF closed at $26.03.

Mizuho upgraded the previous rating for Seagate Technology Holdings PLC STX from Neutral to Buy. Seagate Tech Hldgs earned $0.16 in the second quarter, compared to $2.41 in the year-ago quarter. The current stock performance of Seagate Tech Hldgs shows a 52-week-high of $113.50 and a 52-week-low of $47.47. Moreover, at the end of the last trading period, the closing price was at $69.80.

According to Mizuho, the prior rating for Western Digital Corp WDC was changed from Neutral to Buy. In the second quarter, Western Digital showed an EPS of $0.42, compared to $2.30 from the year-ago quarter. The stock has a 52-week-high of $63.26 and a 52-week-low of $29.73. At the end of the last trading period, Western Digital closed at $41.99.

Mizuho upgraded the previous rating for Micron Technology Inc MU from Neutral to Buy. In the first quarter, Micron Technology showed an EPS of $0.04, compared to $2.16 from the year-ago quarter. The current stock performance of Micron Technology shows a 52-week-high of $96.50 and a 52-week-low of $48.43. Moreover, at the end of the last trading period, the closing price was at $60.18.

RBC Capital upgraded the previous rating for Masco Corp MAS from Sector Perform to Outperform. In the fourth quarter, Masco showed an EPS of $0.65, compared to $0.67 from the year-ago quarter. The stock has a 52-week-high of $61.10 and a 52-week-low of $42.33. At the end of the last trading period, Masco closed at $54.00.

According to UBS, the prior rating for JM Smucker Co SJM was changed from Sell to Neutral. In the second quarter, JM Smucker showed an EPS of $2.40, compared to $2.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $163.07 and a 52-week-low of $119.82. JM Smucker closed at $146.08 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to MoffettNathanson, the prior rating for The Interpublic Group of Companies Inc IPG was changed from Outperform to Market Perform. Interpublic Gr of Cos earned $1.02 in the fourth quarter, compared to $0.82 in the year-ago quarter. At the moment, the stock has a 52-week-high of $39.98 and a 52-week-low of $25.14. Interpublic Gr of Cos closed at $37.12 at the end of the last trading period.

According to Jefferies, the prior rating for XPO Inc XPO was changed from Buy to Hold. In the fourth quarter, XPO showed an EPS of $0.98, compared to $1.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $79.63 and a 52-week-low of $30.54. XPO closed at $37.84 at the end of the last trading period.

Wells Fargo downgraded the previous rating for Lyft Inc LYFT from Overweight to Equal-Weight. For the fourth quarter, Lyft had an EPS of $0.76, compared to year-ago quarter EPS of $0.09. The current stock performance of Lyft shows a 52-week-high of $45.65 and a 52-week-low of $9.66. Moreover, at the end of the last trading period, the closing price was at $16.22.

According to DA Davidson, the prior rating for Monday.Com Ltd MNDY was changed from Buy to Neutral. Monday.Com earned $0.05 in the third quarter, compared to $0.26 in the year-ago quarter. The current stock performance of Monday.Com shows a 52-week-high of $238.43 and a 52-week-low of $73.58. Moreover, at the end of the last trading period, the closing price was at $139.91.

According to Citigroup, the prior rating for Lyft Inc LYFT was changed from Buy to Neutral. In the fourth quarter, Lyft showed an EPS of $0.76, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.65 and a 52-week-low of $9.66. Lyft closed at $16.22 at the end of the last trading period.

Wells Fargo downgraded the previous rating for NuVasive Inc NUVA from Overweight to Equal-Weight. In the third quarter, NuVasive showed an EPS of $0.54, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $60.47 and a 52-week-low of $35.17. NuVasive closed at $47.13 at the end of the last trading period.

According to Wells Fargo, the prior rating for Globus Medical Inc GMED was changed from Overweight to Equal-Weight. For the third quarter, Globus Medical had an EPS of $0.50, compared to year-ago quarter EPS of $0.50. The stock has a 52-week-high of $81.78 and a 52-week-low of $52.60. At the end of the last trading period, Globus Medical closed at $62.97.

According to Cantor Fitzgerald, the prior rating for Coursera Inc COUR was changed from Overweight to Neutral. In the fourth quarter, Coursera showed an EPS of $0.04, compared to $0.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.01 and a 52-week-low of $9.81. Coursera closed at $14.75 at the end of the last trading period.

Wedbush downgraded the previous rating for Lyft Inc LYFT from Outperform to Neutral. In the fourth quarter, Lyft showed an EPS of $0.76, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.65 and a 52-week-low of $9.66. Lyft closed at $16.22 at the end of the last trading period.

According to William Blair, the prior rating for Nautilus Inc NLS was changed from Outperform to Market Perform. Nautilus earned $0.35 in the third quarter, compared to $0.43 in the year-ago quarter. The stock has a 52-week-high of $6.05 and a 52-week-low of $1.23. At the end of the last trading period, Nautilus closed at $1.83.

GLJ Research downgraded the previous rating for United States Steel Corp X from Buy to Sell. For the fourth quarter, United States Steel had an EPS of $0.87, compared to year-ago quarter EPS of $3.64. The current stock performance of United States Steel shows a 52-week-high of $39.25 and a 52-week-low of $16.41. Moreover, at the end of the last trading period, the closing price was at $28.10.

For Sun Life Financial Inc SLF, CIBC downgraded the previous rating of Outperformer to Neutral. In the fourth quarter, Sun Life Financial showed an EPS of $1.26, compared to $1.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $58.49 and a 52-week-low of $37.96. Sun Life Financial closed at $50.71 at the end of the last trading period.

According to Gordon Haskett, the prior rating for Dollar General Corp DG was changed from Buy to Accumulate. Dollar Gen earned $2.33 in the third quarter, compared to $2.08 in the year-ago quarter. The current stock performance of Dollar Gen shows a 52-week-high of $262.20 and a 52-week-low of $183.25. Moreover, at the end of the last trading period, the closing price was at $229.00.

Gordon Haskett downgraded the previous rating for Floor & Decor Holdings Inc FND from Accumulate to Hold. For the third quarter, Floor & Decor Hldgs had an EPS of $0.70, compared to year-ago quarter EPS of $0.60. At the moment, the stock has a 52-week-high of $112.79 and a 52-week-low of $59.91. Floor & Decor Hldgs closed at $98.96 at the end of the last trading period.

JP Morgan downgraded the previous rating for Lyft Inc LYFT from Overweight to Neutral. In the fourth quarter, Lyft showed an EPS of $0.76, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.65 and a 52-week-low of $9.66. Lyft closed at $16.22 at the end of the last trading period.

For Lyft Inc LYFT, Loop Capital downgraded the previous rating of Buy to Hold. In the fourth quarter, Lyft showed an EPS of $0.76, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $45.65 and a 52-week-low of $9.66. At the end of the last trading period, Lyft closed at $16.22.

According to B. Riley Securities, the prior rating for Lumentum Holdings Inc LITE was changed from Buy to Neutral. Lumentum Holdings earned $1.52 in the second quarter, compared to $1.60 in the year-ago quarter. The stock has a 52-week-high of $105.05 and a 52-week-low of $48.73. At the end of the last trading period, Lumentum Holdings closed at $60.30.

For XPO Inc XPO, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. XPO earned $0.98 in the fourth quarter, compared to $1.34 in the year-ago quarter. The current stock performance of XPO shows a 52-week-high of $79.63 and a 52-week-low of $30.54. Moreover, at the end of the last trading period, the closing price was at $37.84.

For Sterling Check Corp STER, Needham downgraded the previous rating of Buy to Hold. Sterling Check earned $0.29 in the third quarter, compared to $0.33 in the year-ago quarter. The current stock performance of Sterling Check shows a 52-week-high of $28.76 and a 52-week-low of $12.22. Moreover, at the end of the last trading period, the closing price was at $13.76.

According to Truist Securities, the prior rating for NuVasive Inc NUVA was changed from Buy to Hold. In the third quarter, NuVasive showed an EPS of $0.54, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $60.47 and a 52-week-low of $35.17. NuVasive closed at $47.13 at the end of the last trading period.

For Globus Medical Inc GMED, Truist Securities downgraded the previous rating of Buy to Hold. In the third quarter, Globus Medical showed an EPS of $0.50, compared to $0.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.78 and a 52-week-low of $52.60. Globus Medical closed at $62.97 at the end of the last trading period.

According to Needham, the prior rating for GitLab Inc GTLB was changed from Buy to Hold. For the third quarter, GitLab had an EPS of $0.10, compared to year-ago quarter EPS of $0.34. The current stock performance of GitLab shows a 52-week-high of $80.84 and a 52-week-low of $30.74. Moreover, at the end of the last trading period, the closing price was at $42.30.

According to HC Wainwright & Co., the prior rating for Eliem Therapeutics Inc ELYM was changed from Buy to Neutral. Eliem Therapeutics earned $0.37 in the third quarter, compared to $0.70 in the year-ago quarter.

According to Loop Capital, the prior rating for Globus Medical Inc GMED was changed from Buy to Hold. In the third quarter, Globus Medical showed an EPS of $0.50, compared to $0.50 from the year-ago quarter. The current stock performance of Globus Medical shows a 52-week-high of $81.78 and a 52-week-low of $52.60. Moreover, at the end of the last trading period, the closing price was at $62.97.

Needham downgraded the previous rating for Globus Medical Inc GMED from Buy to Hold. For the third quarter, Globus Medical had an EPS of $0.50, compared to year-ago quarter EPS of $0.50. The stock has a 52-week-high of $81.78 and a 52-week-low of $52.60. At the end of the last trading period, Globus Medical closed at $62.97.

According to DA Davidson, the prior rating for Lyft Inc LYFT was changed from Buy to Neutral. Lyft earned $0.76 in the fourth quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of $45.65 and a 52-week-low of $9.66. At the end of the last trading period, Lyft closed at $16.22.

For Lyft Inc LYFT, Truist Securities downgraded the previous rating of Buy to Hold. In the fourth quarter, Lyft showed an EPS of $0.76, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.65 and a 52-week-low of $9.66. Lyft closed at $16.22 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for Affirm Holdings Inc AFRM from Overweight to Equal-Weight. Affirm Holdings earned $1.10 in the second quarter, compared to $0.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $83.57 and a 52-week-low of $8.62. Affirm Holdings closed at $13.29 at the end of the last trading period.

Credit Suisse downgraded the previous rating for Exact Sciences Corp EXAS from Outperform to Neutral. For the third quarter, Exact Sciences had an EPS of $0.84, compared to year-ago quarter EPS of $0.79. The stock has a 52-week-high of $84.31 and a 52-week-low of $29.27. At the end of the last trading period, Exact Sciences closed at $66.56.

According to Credit Suisse, the prior rating for Mercer International Inc MERC was changed from Outperform to Neutral. For the third quarter, Mercer Intl had an EPS of $1.00, compared to year-ago quarter EPS of $1.04. The stock has a 52-week-high of $17.50 and a 52-week-low of $11.08. At the end of the last trading period, Mercer Intl closed at $12.36.

For Bloom Energy Corp BE, JP Morgan downgraded the previous rating of Overweight to Neutral. For the fourth quarter, Bloom Energy had an EPS of $0.27, compared to year-ago quarter EPS of $0.05. The current stock performance of Bloom Energy shows a 52-week-high of $31.47 and a 52-week-low of $11.47. Moreover, at the end of the last trading period, the closing price was at $23.64.

JP Morgan downgraded the previous rating for Fluence Energy Inc FLNC from Overweight to Neutral. In the first quarter, Fluence Energy showed an EPS of $0.11, compared to $0.82 from the year-ago quarter. The stock has a 52-week-high of $26.78 and a 52-week-low of $4.96. At the end of the last trading period, Fluence Energy closed at $24.26.

According to Citigroup, the prior rating for NuVasive Inc NUVA was changed from Buy to Neutral. For the third quarter, NuVasive had an EPS of $0.54, compared to year-ago quarter EPS of $0.32. The current stock performance of NuVasive shows a 52-week-high of $60.47 and a 52-week-low of $35.17. Moreover, at the end of the last trading period, the closing price was at $47.13.

According to RBC Capital, the prior rating for Black Hills Corp BKH was changed from Outperform to Sector Perform. Black Hills earned $1.11 in the fourth quarter, compared to $1.11 in the year-ago quarter. The stock has a 52-week-high of $80.95 and a 52-week-low of $59.08. At the end of the last trading period, Black Hills closed at $63.21.

For Oak Street Health Inc OSH, Raymond James downgraded the previous rating of Outperform to Market Perform. For the third quarter, Oak Street Health had an EPS of $0.56, compared to year-ago quarter EPS of $0.49. The current stock performance of Oak Street Health shows a 52-week-high of $35.47 and a 52-week-low of $13.29. Moreover, at the end of the last trading period, the closing price was at $35.26.

For Globus Medical Inc GMED, BTIG downgraded the previous rating of Buy to Neutral. For the third quarter, Globus Medical had an EPS of $0.50, compared to year-ago quarter EPS of $0.50. At the moment, the stock has a 52-week-high of $81.78 and a 52-week-low of $52.60. Globus Medical closed at $62.97 at the end of the last trading period.

For Sumo Logic Inc SUMO, RBC Capital downgraded the previous rating of Outperform to Sector Perform. In the third quarter, Sumo Logic showed an EPS of $0.04, compared to $0.12 from the year-ago quarter. The stock has a 52-week-high of $12.67 and a 52-week-low of $6.42. At the end of the last trading period, Sumo Logic closed at $11.90.

According to Keybanc, the prior rating for Lyft Inc LYFT was changed from Overweight to Sector Weight. For the fourth quarter, Lyft had an EPS of $0.76, compared to year-ago quarter EPS of $0.09. The current stock performance of Lyft shows a 52-week-high of $45.65 and a 52-week-low of $9.66. Moreover, at the end of the last trading period, the closing price was at $16.22.

For Gates Industrial Corp PLC GTES, Keybanc downgraded the previous rating of Overweight to Sector Weight. In the fourth quarter, Gates Industrial Corp showed an EPS of $0.25, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $16.44 and a 52-week-low of $9.40. At the end of the last trading period, Gates Industrial Corp closed at $13.94.

See all analyst ratings downgrades.

Initiations

Seaport Global initiated coverage on Summit Materials Inc SUM with a Neutral rating. Summit Materials earned $0.70 in the third quarter, compared to $0.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.83 and a 52-week-low of $21.62. Summit Materials closed at $32.07 at the end of the last trading period.

Seaport Global initiated coverage on Vulcan Materials Co VMC with a Neutral rating. Vulcan Materials earned $1.78 in the third quarter, compared to $1.54 in the year-ago quarter. The current stock performance of Vulcan Materials shows a 52-week-high of $193.31 and a 52-week-low of $137.54. Moreover, at the end of the last trading period, the closing price was at $185.09.

For Martin Marietta Materials Inc MLM, Seaport Global initiated coverage, by setting the current rating at Neutral. Martin Marietta Materials earned $4.69 in the third quarter, compared to $4.25 in the year-ago quarter. The current stock performance of Martin Marietta Materials shows a 52-week-high of $406.85 and a 52-week-low of $284.99. Moreover, at the end of the last trading period, the closing price was at $353.24.

With a Buy rating, Canaccord Genuity initiated coverage on Leonardo DRS Inc DRS. The price target seems to have been set at $17.00 for Leonardo DRS. At the moment, the stock has a 52-week-high of $13.61 and a 52-week-low of $9.11. Leonardo DRS closed at $13.35 at the end of the last trading period.

B of A Securities initiated coverage on Stem Inc STEM with a Neutral rating. The price target for Stem is set to $11.00. For the third quarter, Stem had an EPS of $0.22, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $18.02 and a 52-week-low of $5.72. At the end of the last trading period, Stem closed at $9.59.

B of A Securities initiated coverage on FREYR Battery FREY with a Buy rating. The price target for FREYR Battery is set to $13.00. For the third quarter, FREYR Battery had an EPS of $0.20, compared to year-ago quarter EPS of $0.42. At the moment, the stock has a 52-week-high of $16.94 and a 52-week-low of $6.42. FREYR Battery closed at $8.49 at the end of the last trading period.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Verano Holdings Corp VRNOF. The price target seems to have been set at $10.00 for Verano Holdings. The current stock performance of Verano Holdings shows a 52-week-high of $13.10 and a 52-week-low of $2.58. Moreover, at the end of the last trading period, the closing price was at $2.95.

With a Neutral rating, Cantor Fitzgerald initiated coverage on Planet 13 Holdings Inc PLNHF. The price target seems to have been set at $0.95 for Planet 13 Hldgs. In the third quarter, Planet 13 Hldgs showed an EPS of $0.03, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $3.39 and a 52-week-low of $0.60. At the end of the last trading period, Planet 13 Hldgs closed at $0.88.

Cantor Fitzgerald initiated coverage on Ascend Wellness Holdings Inc AAWH with a Neutral rating. The price target for Ascend Wellness Holdings is set to $1.75. The current stock performance of Ascend Wellness Holdings shows a 52-week-high of $5.36 and a 52-week-low of $0.98. Moreover, at the end of the last trading period, the closing price was at $1.35.

With a Buy rating, JonesTrading initiated coverage on Mainz Biomed NV MYNZ. The price target seems to have been set at $11.00 for Mainz Biomed. NoneThe stock has a 52-week-high of $18.63 and a 52-week-low of $6.06. At the end of the last trading period, Mainz Biomed closed at $6.60.

See all analyst ratings initiations.