Benzinga's Top Ratings Upgrades, Downgrades For February 21, 2023

Upgrades

According to BMO Capital, the prior rating for Focus Financial Partners Inc FOCS was changed from Market Perform to Outperform. Focus Finl Partners earned $0.99 in the fourth quarter, compared to $0.94 in the year-ago quarter. The stock has a 52-week-high of $53.53 and a 52-week-low of $30.27. At the end of the last trading period, Focus Finl Partners closed at $50.12.

Guggenheim upgraded the previous rating for Alliant Energy Corp LNT from Sell to Neutral. In the third quarter, Alliant Energy showed an EPS of $0.93, compared to $1.02 from the year-ago quarter. The stock has a 52-week-high of $65.37 and a 52-week-low of $47.19. At the end of the last trading period, Alliant Energy closed at $53.97.

According to Janney Montgomery Scott, the prior rating for HomeTrust Bancshares Inc HTBI was changed from Neutral to Buy. For the second quarter, HomeTrust Bancshares had an EPS of $0.90, compared to year-ago quarter EPS of $0.68. The stock has a 52-week-high of $31.11 and a 52-week-low of $21.55. At the end of the last trading period, HomeTrust Bancshares closed at $28.07.

According to Raymond James, the prior rating for Glacier Bancorp Inc GBCI was changed from Market Perform to Outperform. Glacier Bancorp earned $0.72 in the fourth quarter, compared to $0.46 in the year-ago quarter. The current stock performance of Glacier Bancorp shows a 52-week-high of $59.70 and a 52-week-low of $44.32. Moreover, at the end of the last trading period, the closing price was at $47.15.

Wedbush upgraded the previous rating for Travere Therapeutics Inc TVTX from Neutral to Outperform. In the third quarter, Travere Therapeutics showed an EPS of $0.76, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.35 and a 52-week-low of $17.82. Travere Therapeutics closed at $17.82 at the end of the last trading period.

Raymond James upgraded the previous rating for Trustmark Corp TRMK from Market Perform to Outperform. For the fourth quarter, Trustmark had an EPS of $0.68, compared to year-ago quarter EPS of $0.42. The stock has a 52-week-high of $38.47 and a 52-week-low of $26.67. At the end of the last trading period, Trustmark closed at $29.66.

According to Raymond James, the prior rating for Prosperity Bancshares Inc PB was changed from Market Perform to Outperform. Prosperity Bancshares earned $1.51 in the fourth quarter, compared to $1.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $78.76 and a 52-week-low of $64.69. Prosperity Bancshares closed at $75.02 at the end of the last trading period.

For Lakeland Financial Corp LKFN, Raymond James upgraded the previous rating of Market Perform to Outperform. Lakeland Financial earned $1.01 in the fourth quarter, compared to $0.95 in the year-ago quarter. At the moment, the stock has a 52-week-high of $83.57 and a 52-week-low of $64.05. Lakeland Financial closed at $70.94 at the end of the last trading period.

According to B. Riley Securities, the prior rating for MarineMax Inc HZO was changed from Neutral to Buy. In the first quarter, MarineMax showed an EPS of $1.24, compared to $1.59 from the year-ago quarter. The current stock performance of MarineMax shows a 52-week-high of $48.67 and a 52-week-low of $27.40. Moreover, at the end of the last trading period, the closing price was at $33.55.

For Norfolk Southern Corp NSC, Wolfe Research upgraded the previous rating of Peer Perform to Outperform. For the fourth quarter, Norfolk Southern had an EPS of $3.42, compared to year-ago quarter EPS of $3.12. The stock has a 52-week-high of $291.55 and a 52-week-low of $203.65. At the end of the last trading period, Norfolk Southern closed at $228.15.

For Caleres Inc CAL, Piper Sandler upgraded the previous rating of Neutral to Overweight. For the third quarter, Caleres had an EPS of $1.15, compared to year-ago quarter EPS of $1.59. The current stock performance of Caleres shows a 52-week-high of $31.13 and a 52-week-low of $17.82. Moreover, at the end of the last trading period, the closing price was at $25.95.

According to Goldman Sachs, the prior rating for Vir Biotechnology Inc VIR was changed from Neutral to Buy. In the third quarter, Vir Biotechnology showed an EPS of $1.30, compared to $0.82 from the year-ago quarter. The current stock performance of Vir Biotechnology shows a 52-week-high of $32.44 and a 52-week-low of $18.05. Moreover, at the end of the last trading period, the closing price was at $25.74.

See all analyst ratings upgrades.

Downgrades

Raymond James downgraded the previous rating for Origin Bancorp Inc OBNK from Strong Buy to Outperform. For the fourth quarter, Origin Bancorp had an EPS of $0.99, compared to year-ago quarter EPS of $1.20. The stock has a 52-week-high of $47.28 and a 52-week-low of $35.36. At the end of the last trading period, Origin Bancorp closed at $39.64.

Argus Research downgraded the previous rating for Annaly Capital Management Inc NLY from Buy to Hold. For the fourth quarter, Annaly Capital Management had an EPS of $0.89, compared to year-ago quarter EPS of $1.12. At the moment, the stock has a 52-week-high of $29.88 and a 52-week-low of $15.11. Annaly Capital Management closed at $21.59 at the end of the last trading period.

According to Compass Point, the prior rating for Kinsale Capital Group Inc KNSL was changed from Buy to Neutral. Kinsale Capital Gr earned $2.60 in the fourth quarter, compared to $1.76 in the year-ago quarter. The stock has a 52-week-high of $337.12 and a 52-week-low of $187.03. At the end of the last trading period, Kinsale Capital Gr closed at $334.31.

Raymond James downgraded the previous rating for Axos Financial Inc AX from Strong Buy to Outperform. For the second quarter, Axos Financial had an EPS of $1.38, compared to year-ago quarter EPS of $1.04. The stock has a 52-week-high of $55.66 and a 52-week-low of $33.91. At the end of the last trading period, Axos Financial closed at $50.24.

According to William Blair, the prior rating for Actinium Pharmaceuticals Inc ATNM was changed from Outperform to Market Perform. In the third quarter, Actinium Pharmaceuticals showed an EPS of $0.38, compared to $0.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $15.12 and a 52-week-low of $4.41. Actinium Pharmaceuticals closed at $13.76 at the end of the last trading period.

According to Piper Sandler, the prior rating for American Equity Investment Life Holding Co AEL was changed from Overweight to Neutral. American Equity Inv earned $0.79 in the fourth quarter, compared to $1.04 in the year-ago quarter. The current stock performance of American Equity Inv shows a 52-week-high of $48.37 and a 52-week-low of $28.05. Moreover, at the end of the last trading period, the closing price was at $44.99.

Truist Securities downgraded the previous rating for Focus Financial Partners Inc FOCS from Buy to Hold. For the fourth quarter, Focus Finl Partners had an EPS of $0.99, compared to year-ago quarter EPS of $0.94. At the moment, the stock has a 52-week-high of $53.53 and a 52-week-low of $30.27. Focus Finl Partners closed at $50.12 at the end of the last trading period.

Truist Securities downgraded the previous rating for Generac Holdings Inc GNRC from Buy to Hold. For the fourth quarter, Generac Hldgs had an EPS of $1.78, compared to year-ago quarter EPS of $2.51. The stock has a 52-week-high of $329.50 and a 52-week-low of $86.29. At the end of the last trading period, Generac Hldgs closed at $126.77.

According to Stephens & Co., the prior rating for RE/MAX Holdings Inc RMAX was changed from Overweight to Equal-Weight. In the fourth quarter, RE/MAX Hldgs showed an EPS of $0.41, compared to $0.60 from the year-ago quarter. At the moment, the stock has a 52-week-high of $31.60 and a 52-week-low of $17.03. RE/MAX Hldgs closed at $19.74 at the end of the last trading period.

Raymond James downgraded the previous rating for First Merchants Corp FRME from Strong Buy to Outperform. In the fourth quarter, First Merchants showed an EPS of $1.19, compared to $0.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.04 and a 52-week-low of $34.07. First Merchants closed at $42.29 at the end of the last trading period.

According to Raymond James, the prior rating for First Commonwealth Financial Corp FCF was changed from Outperform to Market Perform. In the fourth quarter, First Commonwealth showed an EPS of $0.39, compared to $0.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.68 and a 52-week-low of $12.76. First Commonwealth closed at $16.43 at the end of the last trading period.

For Cullen/Frost Bankers Inc CFR, Raymond James downgraded the previous rating of Outperform to Market Perform. Cullen/Frost Bankers earned $2.91 in the fourth quarter, compared to $1.54 in the year-ago quarter. The stock has a 52-week-high of $160.60 and a 52-week-low of $112.67. At the end of the last trading period, Cullen/Frost Bankers closed at $131.30.

For Constellation Energy Corp CEG, B of A Securities downgraded the previous rating of Buy to Neutral. At the moment, the stock has a 52-week-high of $97.89 and a 52-week-low of $42.18. Constellation Energy closed at $84.55 at the end of the last trading period.

UBS downgraded the previous rating for DocuSign Inc DOCU from Neutral to Sell. In the third quarter, DocuSign showed an EPS of $0.57, compared to $0.58 from the year-ago quarter. The current stock performance of DocuSign shows a 52-week-high of $123.50 and a 52-week-low of $39.57. Moreover, at the end of the last trading period, the closing price was at $64.47.

For Eversource Energy ES, Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the fourth quarter, Eversource Energy showed an EPS of $0.92, compared to $0.91 from the year-ago quarter. The current stock performance of Eversource Energy shows a 52-week-high of $94.63 and a 52-week-low of $70.54. Moreover, at the end of the last trading period, the closing price was at $80.27.

For SentinelOne Inc S, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. SentinelOne earned $0.16 in the third quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of $44.74 and a 52-week-low of $12.69. At the end of the last trading period, SentinelOne closed at $15.94.

For Cable One Inc CABO, Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. For the third quarter, Cable One had an EPS of $11.53, compared to year-ago quarter EPS of $8.33. The current stock performance of Cable One shows a 52-week-high of $1576.49 and a 52-week-low of $620.57. Moreover, at the end of the last trading period, the closing price was at $753.38.

JP Morgan downgraded the previous rating for Sonic Automotive Inc SAH from Overweight to Neutral. For the fourth quarter, Sonic Automotive had an EPS of $2.61, compared to year-ago quarter EPS of $2.66. The stock has a 52-week-high of $62.26 and a 52-week-low of $34.17. At the end of the last trading period, Sonic Automotive closed at $60.00.

According to JP Morgan, the prior rating for AutoNation Inc AN was changed from Neutral to Underweight. In the fourth quarter, AutoNation showed an EPS of $6.37, compared to $5.76 from the year-ago quarter. The current stock performance of AutoNation shows a 52-week-high of $158.30 and a 52-week-low of $94.92. Moreover, at the end of the last trading period, the closing price was at $157.30.

For The Mosaic Co MOS, HSBC downgraded the previous rating of Hold to Reduce. Mosaic earned $3.22 in the third quarter, compared to $1.35 in the year-ago quarter. The current stock performance of Mosaic shows a 52-week-high of $79.28 and a 52-week-low of $40.29. Moreover, at the end of the last trading period, the closing price was at $49.85.

For CF Industries Holdings Inc CF, HSBC downgraded the previous rating of Buy to Hold. CF Industries Holdings earned $4.35 in the fourth quarter, compared to $3.27 in the year-ago quarter. At the moment, the stock has a 52-week-high of $119.60 and a 52-week-low of $72.54. CF Industries Holdings closed at $82.35 at the end of the last trading period.

JMP Securities downgraded the previous rating for Claros Mortgage Trust Inc CMTG from Market Outperform to Market Perform. Claros Mortgage Trust earned $0.38 in the fourth quarter, compared to $0.30 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.09 and a 52-week-low of $11.53. Claros Mortgage Trust closed at $14.85 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With an Underperform rating, Autonomous Research initiated coverage on Ryan Specialty Holdings Inc RYAN. The price target seems to have been set at $35.00 for Ryan Specialty Holdings. In the third quarter, Ryan Specialty Holdings showed an EPS of $0.25, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $46.40 and a 52-week-low of $32.13. Ryan Specialty Holdings closed at $42.74 at the end of the last trading period.

With an Outperform rating, Noble Capital Markets initiated coverage on MAIA Biotechnology Inc MAIA. The price target seems to have been set at $14.00 for MAIA Biotechnology. The stock has a 52-week-high of $9.64 and a 52-week-low of $3.10. At the end of the last trading period, MAIA Biotechnology closed at $4.53.

Raymond James initiated coverage on TXO Energy Partners LP TXO with a Strong Buy rating. The price target for TXO Energy Partners is set to $34.00. The current stock performance of TXO Energy Partners shows a 52-week-high of $23.47 and a 52-week-low of $21.28. Moreover, at the end of the last trading period, the closing price was at $22.66.

EF Hutton initiated coverage on Alnylam Pharmaceuticals Inc ALNY with a Buy rating. The price target for Alnylam Pharmaceuticals is set to $304.00. In the third quarter, Alnylam Pharmaceuticals showed an EPS of $1.58, compared to $1.59 from the year-ago quarter. The current stock performance of Alnylam Pharmaceuticals shows a 52-week-high of $242.97 and a 52-week-low of $117.58. Moreover, at the end of the last trading period, the closing price was at $222.79.

Needham initiated coverage on Cipher Mining Inc CIFR with a Buy rating. The price target for Cipher Mining is set to $2.70. Cipher Mining earned $0.06 in the third quarter, compared to $0.01 in the year-ago quarter. The current stock performance of Cipher Mining shows a 52-week-high of $3.94 and a 52-week-low of $0.38. Moreover, at the end of the last trading period, the closing price was at $1.90.

With a Buy rating, Needham initiated coverage on Riot Platforms Inc RIOT. The price target seems to have been set at $9.00 for Riot Platforms. In the third quarter, Riot Platforms showed an EPS of $0.00, compared to $0.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.66 and a 52-week-low of $3.25. Riot Platforms closed at $6.59 at the end of the last trading period.

Stifel initiated coverage on TXO Energy Partners LP TXO with a Buy rating. The price target for TXO Energy Partners is set to $31.00. At the moment, the stock has a 52-week-high of $23.47 and a 52-week-low of $21.28. TXO Energy Partners closed at $22.66 at the end of the last trading period.

With an Overweight rating, Piper Sandler initiated coverage on Galera Therapeutics Inc GRTX. The price target seems to have been set at $6.00 for Galera Therapeutics. In the third quarter, Galera Therapeutics showed an EPS of $0.60, compared to $0.86 from the year-ago quarter. At the moment, the stock has a 52-week-high of $2.75 and a 52-week-low of $1.12. Galera Therapeutics closed at $1.72 at the end of the last trading period.

With a Neutral rating, Citigroup initiated coverage on Biomarin Pharmaceutical Inc BMRN. The price target seems to have been set at $116.00 for Biomarin Pharmaceutical. In the third quarter, Biomarin Pharmaceutical showed an EPS of $0.04, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $117.77 and a 52-week-low of $70.73. Biomarin Pharmaceutical closed at $108.31 at the end of the last trading period.

See all analyst ratings initiations.