Benzinga's Top Ratings Upgrades, Downgrades For December 3, 2021

Upgrades

Cowen & Co. upgraded the previous rating for Marvell Technology Inc MRVL from Market Perform to Outperform. In the third quarter, Marvell Technology showed an EPS of $0.43, compared to $0.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.12 and a 52-week-low of $37.92. Marvell Technology closed at $71.03 at the end of the last trading period.
According to Craig-Hallum, the prior rating for Sportsman's Warehouse Holdings Inc SPWH was changed from Hold to Buy. Sportsman's Warehouse earned $0.44 in the second quarter, compared to $0.76 in the year-ago quarter. The current stock performance of Sportsman's Warehouse shows a 52-week-high of $18.08 and a 52-week-low of $11.29. Moreover, at the end of the last trading period, the closing price was at $16.94.
For Accel Entertainment Inc ACEL, Macquarie upgraded the previous rating of Neutral to Outperform. Accel Entertainment earned $0.18 in the third quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $14.10 and a 52-week-low of $8.82. At the end of the last trading period, Accel Entertainment closed at $12.59.
For Morgan Stanley MS, Citigroup upgraded the previous rating of Neutral to Buy. For the third quarter, Morgan Stanley had an EPS of $2.04, compared to year-ago quarter EPS of $1.66. The stock has a 52-week-high of $105.95 and a 52-week-low of $61.86. At the end of the last trading period, Morgan Stanley closed at $98.86.
B of A Securities upgraded the previous rating for Maxeon Solar Technologies Ltd MAXN from Neutral to Buy. For the third quarter, Maxeon Solar Technologies had an EPS of $1.49, compared to year-ago quarter EPS of $2.24. The stock has a 52-week-high of $57.97 and a 52-week-low of $14.01. At the end of the last trading period, Maxeon Solar Technologies closed at $17.16.
For UiPath Inc PATH, Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. UiPath earned $0.01 in the second quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $90.00 and a 52-week-low of $42.54. At the end of the last trading period, UiPath closed at $43.27.
Morgan Stanley upgraded the previous rating for Appian Corp APPN from Underweight to Equal-Weight. In the third quarter, Appian showed an EPS of $0.22, compared to $0.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $260.00 and a 52-week-low of $66.68. Appian closed at $68.89 at the end of the last trading period.
According to Raymond James, the prior rating for Fastly Inc FSLY was changed from Market Perform to Outperform. In the third quarter, Fastly showed an EPS of $0.11, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $122.75 and a 52-week-low of $33.87. At the end of the last trading period, Fastly closed at $36.45.
Morgan Stanley upgraded the previous rating for Stitch Fix Inc SFIX from Underweight to Equal-Weight. For the fourth quarter, Stitch Fix had an EPS of $0.19, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $113.76 and a 52-week-low of $22.38. Stitch Fix closed at $22.95 at the end of the last trading period.
For PNM Resources Inc PNM, Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. PNM Resources earned $1.37 in the third quarter, compared to $1.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.11 and a 52-week-low of $44.82. PNM Resources closed at $45.16 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Cowen & Co. downgraded the previous rating for Smith & Wesson Brands Inc SWBI from Outperform to Market Perform. In the second quarter, Smith & Wesson Brands showed an EPS of $1.13, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $39.61 and a 52-week-low of $14.50. Smith & Wesson Brands closed at $22.91 at the end of the last trading period.
Craig-Hallum downgraded the previous rating for Ollie's Bargain Outlet Holdings Inc OLLI from Buy to Hold. In the third quarter, Ollie's Bargain Outlet showed an EPS of $0.34, compared to $0.65 from the year-ago quarter. At the moment, the stock has a 52-week-high of $123.52 and a 52-week-low of $57.86. Ollie's Bargain Outlet closed at $62.86 at the end of the last trading period.
BTIG downgraded the previous rating for TopBuild Corp BLD from Buy to Neutral. For the third quarter, TopBuild had an EPS of $2.95, compared to year-ago quarter EPS of $2.10. At the moment, the stock has a 52-week-high of $284.01 and a 52-week-low of $161.35. TopBuild closed at $276.47 at the end of the last trading period.
Needham downgraded the previous rating for DocuSign Inc DOCU from Buy to Hold. For the third quarter, DocuSign had an EPS of $0.58, compared to year-ago quarter EPS of $0.22. The current stock performance of DocuSign shows a 52-week-high of $314.76 and a 52-week-low of $179.49. Moreover, at the end of the last trading period, the closing price was at $233.82.
According to Loop Capital, the prior rating for Eagle Materials Inc EXP was changed from Buy to Hold. Eagle Materials earned $2.73 in the second quarter, compared to $2.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $166.42 and a 52-week-low of $93.20. Eagle Materials closed at $158.48 at the end of the last trading period.
Bryan Garnier downgraded the previous rating for Novartis AG NVS from Buy to Neutral. Novartis earned $1.71 in the third quarter, compared to $1.52 in the year-ago quarter. The current stock performance of Novartis shows a 52-week-high of $98.52 and a 52-week-low of $79.34. Moreover, at the end of the last trading period, the closing price was at $79.95.
For JOANN Inc JOAN, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. The current stock performance of JOANN shows a 52-week-high of $17.50 and a 52-week-low of $8.51. Moreover, at the end of the last trading period, the closing price was at $9.37.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Alliance Global Partners initiated coverage on NeuroOne Medical Technologies Corp NMTC. The price target seems to have been set at $5.75 for NeuroOne Medical Tech. The current stock performance of NeuroOne Medical Tech shows a 52-week-high of $7.97 and a 52-week-low of $1.05. Moreover, at the end of the last trading period, the closing price was at $2.09.
With a Neutral rating, UBS initiated coverage on Shake Shack Inc SHAK. The price target seems to have been set at $78.00 for Shake Shack. Shake Shack earned $0.05 in the third quarter, compared to $0.11 in the year-ago quarter. The current stock performance of Shake Shack shows a 52-week-high of $138.38 and a 52-week-low of $68.23. Moreover, at the end of the last trading period, the closing price was at $73.31.
Roth Capital initiated coverage on Riot Blockchain Inc RIOT with a Buy rating. The price target for Riot Blockchain is set to $55.00. In the third quarter, Riot Blockchain showed an EPS of $0.16, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $79.50 and a 52-week-low of $7.80. Riot Blockchain closed at $32.97 at the end of the last trading period.
Canaccord Genuity initiated coverage on Cardiol Therapeutics Inc CRDL with a Buy rating. The price target for Cardiol Therapeutics is set to $8.00.
Janney Montgomery Scott initiated coverage on Ares Capital Corp ARCC with a Buy rating. The price target for Ares Capital is set to $22.00. Ares Capital earned $0.47 in the third quarter, compared to $0.39 in the year-ago quarter. The stock has a 52-week-high of $21.74 and a 52-week-low of $16.17. At the end of the last trading period, Ares Capital closed at $20.38.
With a Buy rating, Deutsche Bank initiated coverage on Peloton Interactive Inc PTON. The price target seems to have been set at $76.00 for Peloton Interactive. In the first quarter, Peloton Interactive showed an EPS of $1.25, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $171.09 and a 52-week-low of $41.13. Peloton Interactive closed at $44.45 at the end of the last trading period.
With an Overweight rating, Morgan Stanley initiated coverage on Heico Corp HEI. The price target seems to have been set at $180.00 for Heico. In the third quarter, Heico showed an EPS of $0.56, compared to $0.40 from the year-ago quarter. The stock has a 52-week-high of $151.60 and a 52-week-low of $115.57. At the end of the last trading period, Heico closed at $138.85.
With an Underweight rating, Morgan Stanley initiated coverage on Hexcel Corp HXL. The price target seems to have been set at $55.00 for Hexcel. In the third quarter, Hexcel showed an EPS of $0.13, compared to $0.29 from the year-ago quarter. The stock has a 52-week-high of $64.99 and a 52-week-low of $42.91. At the end of the last trading period, Hexcel closed at $51.46.
With an Overweight rating, Morgan Stanley initiated coverage on RBC Bearings Inc ROLL. The price target seems to have been set at $263.00 for RBC Bearings. For the second quarter, RBC Bearings had an EPS of $0.89, compared to year-ago quarter EPS of $0.93. At the moment, the stock has a 52-week-high of $250.52 and a 52-week-low of $160.51. RBC Bearings closed at $198.92 at the end of the last trading period.
With an Overweight rating, Morgan Stanley initiated coverage on Howmet Aerospace Inc HWM. The price target seems to have been set at $40.00 for Howmet Aerospace. For the third quarter, Howmet Aerospace had an EPS of $0.27, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $36.03 and a 52-week-low of $22.91. At the end of the last trading period, Howmet Aerospace closed at $28.80.
With an Overweight rating, Morgan Stanley initiated coverage on Curtiss-Wright Corp CW. The price target seems to have been set at $180.00 for Curtiss-Wright. Curtiss-Wright earned $1.88 in the third quarter, compared to $1.85 in the year-ago quarter. The current stock performance of Curtiss-Wright shows a 52-week-high of $136.97 and a 52-week-low of $103.55. Moreover, at the end of the last trading period, the closing price was at $127.23.
Morgan Stanley initiated coverage on Teledyne Technologies Inc TDY with an Underweight rating. The price target for Teledyne Technologies is set to $450.00. For the third quarter, Teledyne Technologies had an EPS of $4.34, compared to year-ago quarter EPS of $2.48. The stock has a 52-week-high of $465.40 and a 52-week-low of $350.01. At the end of the last trading period, Teledyne Technologies closed at $421.64.
With a Equal-Weight rating, Morgan Stanley initiated coverage on Crane Co CR. The price target seems to have been set at $111.00 for Crane. For the third quarter, Crane had an EPS of $1.89, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of $108.67 and a 52-week-low of $69.38. Crane closed at $98.94 at the end of the last trading period.
Morgan Stanley initiated coverage on CAE Inc CAE with a Equal-Weight rating. The price target for CAE is set to $37.00. In the second quarter, CAE showed an EPS of $0.14, compared to $0.10 from the year-ago quarter. The stock has a 52-week-high of $34.19 and a 52-week-low of $21.65. At the end of the last trading period, CAE closed at $24.29.
For Old Dominion Freight Line Inc ODFL, Benchmark initiated coverage, by setting the current rating at Hold. Old Dominion Freight Line earned $2.47 in the third quarter, compared to $1.71 in the year-ago quarter. The current stock performance of Old Dominion Freight Line shows a 52-week-high of $364.82 and a 52-week-low of $189.45. Moreover, at the end of the last trading period, the closing price was at $357.05.
With a Buy rating, Goldman Sachs initiated coverage on LivaNova PLC LIVN. The price target seems to have been set at $108.00 for LivaNova. For the third quarter, LivaNova had an EPS of $0.68, compared to year-ago quarter EPS of $0.38. At the moment, the stock has a 52-week-high of $93.89 and a 52-week-low of $51.59. LivaNova closed at $82.28 at the end of the last trading period.
With a Neutral rating, Goldman Sachs initiated coverage on Alphatec Holdings Inc ATEC. The price target seems to have been set at $12.50 for Alphatec Holdings. Alphatec Holdings earned $0.36 in the third quarter, compared to $0.24 in the year-ago quarter. The current stock performance of Alphatec Holdings shows a 52-week-high of $19.36 and a 52-week-low of $10.05. Moreover, at the end of the last trading period, the closing price was at $11.05.
Oppenheimer initiated coverage on ESS Tech Inc GWH with an Outperform rating. The price target for ESS Tech is set to $28.00.
With an Outperform rating, Baird initiated coverage on Vor Biopharma Inc VOR. The price target seems to have been set at $38.00 for Vor Biopharma. In the third quarter, Vor Biopharma showed an EPS of $0.50, compared to $61.23 from the year-ago quarter. The current stock performance of Vor Biopharma shows a 52-week-high of $63.62 and a 52-week-low of $10.48. Moreover, at the end of the last trading period, the closing price was at $12.97.
With a Buy rating, Stifel initiated coverage on Docebo Inc DCBO. The price target seems to have been set at $100.00 for Docebo. In the third quarter, Docebo showed an EPS of $0.02, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $92.75 and a 52-week-low of $37.21. Docebo closed at $66.60 at the end of the last trading period.
Goldman Sachs initiated coverage on Xos Inc XOS with a Neutral rating. The price target for Xos is set to $4.25. Xos earned $0.08 in the third quarter, compared to $0.05 in the year-ago quarter.
With a Buy rating, Goldman Sachs initiated coverage on MetLife Inc MET. The price target seems to have been set at $77.00 for MetLife. In the third quarter, MetLife showed an EPS of $2.39, compared to $1.73 from the year-ago quarter. The current stock performance of MetLife shows a 52-week-high of $67.68 and a 52-week-low of $44.62. Moreover, at the end of the last trading period, the closing price was at $59.33.
Goldman Sachs initiated coverage on Aflac Inc AFL with a Sell rating. The price target for Aflac is set to $52.00. In the third quarter, Aflac showed an EPS of $1.53, compared to $1.39 from the year-ago quarter. The current stock performance of Aflac shows a 52-week-high of $57.95 and a 52-week-low of $42.73. Moreover, at the end of the last trading period, the closing price was at $55.25.
With a Sell rating, Goldman Sachs initiated coverage on Principal Financial Group Inc PFG. The price target seems to have been set at $64.00 for Principal Financial Gr. Principal Financial Gr earned $1.69 in the third quarter, compared to $1.44 in the year-ago quarter. The stock has a 52-week-high of $74.30 and a 52-week-low of $46.81. At the end of the last trading period, Principal Financial Gr closed at $70.07.
Goldman Sachs initiated coverage on Jackson Financial Inc JXN with a Neutral rating. The price target for Jackson Financial is set to $40.00.
Goldman Sachs initiated coverage on Lincoln National Corp LNC with a Buy rating. The price target for Lincoln National is set to $88.00. Lincoln National earned $1.62 in the third quarter, compared to $0.72 in the year-ago quarter. The current stock performance of Lincoln National shows a 52-week-high of $77.57 and a 52-week-low of $44.59. Moreover, at the end of the last trading period, the closing price was at $66.31.