Benzinga's Top Ratings Upgrades, Downgrades For October 25, 2021

Upgrades

According to Wedbush, the prior rating for Regions Financial Corp RF was changed from Neutral to Outperform. Regions Financial earned $0.66 in the third quarter, compared to $0.52 in the year-ago quarter. The stock has a 52-week-high of $24.36 and a 52-week-low of $12.52. At the end of the last trading period, Regions Financial closed at $24.09.
Stifel upgraded the previous rating for The Simply Good Foods Co SMPL from Hold to Buy. For the fourth quarter, Simply Good Foods had an EPS of $0.29, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $38.50 and a 52-week-low of $18.62. Simply Good Foods closed at $37.27 at the end of the last trading period.
JP Morgan upgraded the previous rating for Vir Biotechnology Inc VIR from Underweight to Neutral. For the second quarter, Vir Biotechnology had an EPS of $0.46, compared to year-ago quarter EPS of $0.27. The current stock performance of Vir Biotechnology shows a 52-week-high of $141.01 and a 52-week-low of $25.31. Moreover, at the end of the last trading period, the closing price was at $40.21.
According to Keybanc, the prior rating for Five9 Inc FIVN was changed from Sector Weight to Overweight. For the second quarter, Five9 had an EPS of $0.23, compared to year-ago quarter EPS of $0.21. The current stock performance of Five9 shows a 52-week-high of $211.68 and a 52-week-low of $130.32. Moreover, at the end of the last trading period, the closing price was at $161.43.

See all analyst ratings upgrades.

Downgrades

For Casper Sleep Inc CSPR, Wedbush downgraded the previous rating of Outperform to Neutral. In the second quarter, Casper Sleep showed an EPS of $0.39, compared to $0.61 from the year-ago quarter. The stock has a 52-week-high of $12.00 and a 52-week-low of $4.01. At the end of the last trading period, Casper Sleep closed at $4.43.
Raymond James downgraded the previous rating for Mercer International Inc MERC from Strong Buy to Outperform. In the second quarter, Mercer International showed an EPS of $0.32, compared to $0.13 from the year-ago quarter. The current stock performance of Mercer International shows a 52-week-high of $18.14 and a 52-week-low of $5.77. Moreover, at the end of the last trading period, the closing price was at $10.34.
For Enbridge Inc ENB, Credit Suisse downgraded the previous rating of Outperform to Neutral. In the second quarter, Enbridge showed an EPS of $0.54, compared to $0.40 from the year-ago quarter. The current stock performance of Enbridge shows a 52-week-high of $43.21 and a 52-week-low of $26.97. Moreover, at the end of the last trading period, the closing price was at $42.80.
Piper Sandler downgraded the previous rating for Isabella Bank Corp ISBA from Overweight to Neutral. The current stock performance of Isabella Bank shows a 52-week-high of $26.74 and a 52-week-low of $15.74. Moreover, at the end of the last trading period, the closing price was at $26.45.
Citigroup downgraded the previous rating for Carnival Corp CCL from Buy to Neutral. In the third quarter, Carnival showed an EPS of $1.75, compared to $2.19 from the year-ago quarter. The current stock performance of Carnival shows a 52-week-high of $31.52 and a 52-week-low of $12.11. Moreover, at the end of the last trading period, the closing price was at $22.29.
According to Wells Fargo, the prior rating for Revance Therapeutics Inc RVNC was changed from Overweight to Equal-Weight. For the second quarter, Revance Therapeutics had an EPS of $1.07, compared to year-ago quarter EPS of $1.12. The current stock performance of Revance Therapeutics shows a 52-week-high of $33.83 and a 52-week-low of $13.01. Moreover, at the end of the last trading period, the closing price was at $15.44.
According to Piper Sandler, the prior rating for Independent Bank Corp INDB was changed from Overweight to Neutral. For the third quarter, Independent Bank had an EPS of $1.25, compared to year-ago quarter EPS of $1.06. At the moment, the stock has a 52-week-high of $99.85 and a 52-week-low of $51.92. Independent Bank closed at $84.83 at the end of the last trading period.
According to RBC Capital, the prior rating for Whirlpool Corp WHR was changed from Sector Perform to Underperform. For the third quarter, Whirlpool had an EPS of $6.68, compared to year-ago quarter EPS of $6.91. The current stock performance of Whirlpool shows a 52-week-high of $257.68 and a 52-week-low of $171.33. Moreover, at the end of the last trading period, the closing price was at $213.44.

See all analyst ratings downgrades.

Initiations

Jefferies initiated coverage on Olaplex Holdings Inc OLPX with a Hold rating. The price target for Olaplex Hldgs is set to $30.00. At the end of the last trading period, Olaplex Hldgs closed at $29.00.
Roth Capital initiated coverage on AEye Inc LIDR with a Buy rating. The price target for AEye is set to $15.00.At the end of the last trading period, AEye closed at $4.20.
TD Securities initiated coverage on BP PLC BP with a Hold rating. The price target for BP is set to $31.00. In the second quarter, BP showed an EPS of $0.83, compared to $1.98 from the year-ago quarter. The current stock performance of BP shows a 52-week-high of $30.29 and a 52-week-low of $14.74. Moreover, at the end of the last trading period, the closing price was at $29.51.
With a Buy rating, Citigroup initiated coverage on Norwegian Cruise Line Holdings Ltd NCLH. The price target seems to have been set at $39.00 for Norwegian Cruise Line. Norwegian Cruise Line earned $1.93 in the second quarter, compared to $2.78 in the year-ago quarter. The stock has a 52-week-high of $34.48 and a 52-week-low of $14.77. At the end of the last trading period, Norwegian Cruise Line closed at $25.48.
With a Buy rating, Berenberg initiated coverage on Wix.com Ltd WIX. The price target seems to have been set at $251.00 for Wix.com. For the second quarter, Wix.com had an EPS of $0.28, compared to year-ago quarter EPS of $0.26. The current stock performance of Wix.com shows a 52-week-high of $362.07 and a 52-week-low of $171.37. Moreover, at the end of the last trading period, the closing price was at $197.17.
With an Outperform rating, Northland Capital Markets initiated coverage on Minim Inc MINM. The price target seems to have been set at $3.00 for Minim. In the second quarter, Minim showed an EPS of $0.04, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $5.70 and a 52-week-low of $1.52. At the end of the last trading period, Minim closed at $1.65.
Bernstein initiated coverage on Micron Technology Inc MU with an Underperform rating. The price target for Micron Technology is set to $58.00. Micron Technology earned $2.42 in the fourth quarter, compared to $1.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $96.96 and a 52-week-low of $49.30. Micron Technology closed at $67.51 at the end of the last trading period.
For Velo3D Inc VLD, William Blair initiated coverage, by setting the current rating at Outperform. Moreover, at the end of the last trading period, the closing price was at $8.21.
UBS initiated coverage on Amplitude Inc AMPL with a Buy rating. The price target for Amplitude is set to $78.00. In the second quarter, Amplitude showed an EPS of $0.15, compared to $0.08 from the year-ago quarter. At the end of the last trading period, Amplitude closed at $67.41.
Stifel initiated coverage on Shapeways Holdings Inc SHPW with a Buy rating. The price target for Shapeways Hldgs is set to $13.00. At the end of the last trading period, Shapeways Hldgs closed at $8.23.
With a Buy rating, Truist Securities initiated coverage on Olaplex Holdings Inc OLPX. The price target seems to have been set at $35.00 for Olaplex Hldgs. At the end of the last trading period, Olaplex Hldgs closed at $29.00.
Oppenheimer initiated coverage on Valens Semiconductor Ltd VLN with an Outperform rating. The price target for Valens Semiconductor is set to $12.00. Valens Semiconductor closed at $7.55 at the end of the last trading period.
With a Equal-Weight rating, Morgan Stanley initiated coverage on Warby Parker Inc WRBY. The price target seems to have been set at $57.00 for Warby Parker. Moreover, at the end of the last trading period, the closing price was at $56.93.
With an Outperform rating, Raymond James initiated coverage on LumiraDx Ltd LMDX. The price target seems to have been set at $13.00 for LumiraDx. At the end of the last trading period, LumiraDx closed at $8.56.
Benchmark initiated coverage on ImmunoPrecise Antibodies Ltd IPA with a Buy rating. The price target for ImmunoPrecise Antibodies is set to $12.00. In the first quarter, ImmunoPrecise Antibodies earned $0.14. The current stock performance of ImmunoPrecise Antibodies shows a 52-week-high of $33.34 and a 52-week-low of $5.05. Moreover, at the end of the last trading period, the closing price was at $6.19.
HC Wainwright & Co. initiated coverage on AEterna Zentaris Inc AEZS with a Buy rating. The price target for AEterna Zentaris is set to $2.00. For the second quarter, AEterna Zentaris had an EPS of $0.02, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $3.62 and a 52-week-low of $0.29. AEterna Zentaris closed at $0.59 at the end of the last trading period.
HC Wainwright & Co. initiated coverage on Biophytis SA BPTS with a Buy rating. The price target for Biophytis is set to $15.00. NoneThe current stock performance of Biophytis shows a 52-week-high of $18.50 and a 52-week-low of $6.00. Moreover, at the end of the last trading period, the closing price was at $6.09.
Barclays initiated coverage on Gol Intelligent Airlines Inc GOL with an Overweight rating. The price target for Gol Intelligent Airlines is set to $8.00. In the second quarter, Gol Intelligent Airlines showed an EPS of $0.00, compared to $2.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.43 and a 52-week-low of $5.36. Gol Intelligent Airlines closed at $6.12 at the end of the last trading period.
JP Morgan initiated coverage on Golden Entertainment Inc GDEN with an Overweight rating. The price target for Golden Entertainment is set to $60.00. For the second quarter, Golden Entertainment had an EPS of $3.26, compared to year-ago quarter EPS of $2.80. The current stock performance of Golden Entertainment shows a 52-week-high of $54.86 and a 52-week-low of $12.30. Moreover, at the end of the last trading period, the closing price was at $48.73.