Benzinga's Top Ratings Upgrades, Downgrades For December 10, 2021

Upgrades

According to JP Morgan, the prior rating for Arconic Corp ARNC was changed from Neutral to Overweight. In the third quarter, Arconic showed an EPS of $0.15, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $38.49 and a 52-week-low of $21.80. At the end of the last trading period, Arconic closed at $29.84.
HSBC upgraded the previous rating for LyondellBasell Industries NV LYB from Hold to Buy. For the third quarter, LyondellBasell Industries had an EPS of $5.25, compared to year-ago quarter EPS of $1.27. The current stock performance of LyondellBasell Industries shows a 52-week-high of $118.02 and a 52-week-low of $84.06. Moreover, at the end of the last trading period, the closing price was at $89.95.
For Twilio Inc TWLO, Barclays upgraded the previous rating of Equal-Weight to Overweight. For the third quarter, Twilio had an EPS of $0.01, compared to year-ago quarter EPS of $0.04. The current stock performance of Twilio shows a 52-week-high of $457.30 and a 52-week-low of $235.00. Moreover, at the end of the last trading period, the closing price was at $268.29.
Stephens & Co. upgraded the previous rating for Greenbrier Companies Inc GBX from Equal-Weight to Overweight. Greenbrier Companies earned $0.98 in the fourth quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Greenbrier Companies shows a 52-week-high of $50.21 and a 52-week-low of $33.29. Moreover, at the end of the last trading period, the closing price was at $42.27.
For Patterson-UTI Energy Inc PTEN, Citigroup upgraded the previous rating of Neutral to Buy. In the third quarter, Patterson-UTI Energy showed an EPS of $0.44, compared to $0.60 from the year-ago quarter. The current stock performance of Patterson-UTI Energy shows a 52-week-high of $11.27 and a 52-week-low of $4.98. Moreover, at the end of the last trading period, the closing price was at $8.45.
According to Truist Securities, the prior rating for Martin Marietta Materials Inc MLM was changed from Hold to Buy. Martin Marietta Materials earned $4.25 in the third quarter, compared to $3.84 in the year-ago quarter. The current stock performance of Martin Marietta Materials shows a 52-week-high of $435.62 and a 52-week-low of $258.18. Moreover, at the end of the last trading period, the closing price was at $427.29.
According to Oppenheimer, the prior rating for Aurinia Pharmaceuticals Inc AUPH was changed from Perform to Outperform. For the third quarter, Aurinia Pharmaceuticals had an EPS of $0.39, compared to year-ago quarter EPS of $0.28. The current stock performance of Aurinia Pharmaceuticals shows a 52-week-high of $33.97 and a 52-week-low of $9.72. Moreover, at the end of the last trading period, the closing price was at $20.97.
According to Deutsche Bank, the prior rating for Oracle Corp ORCL was changed from Hold to Buy. In the second quarter, Oracle showed an EPS of $1.21, compared to $1.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $98.95 and a 52-week-low of $58.80. Oracle closed at $88.77 at the end of the last trading period.
According to JP Morgan, the prior rating for Sprinklr Inc CXM was changed from Neutral to Overweight. For the third quarter, Sprinklr had an EPS of $0.06, compared to year-ago quarter EPS of $0.02. The current stock performance of Sprinklr shows a 52-week-high of $26.50 and a 52-week-low of $12.12. Moreover, at the end of the last trading period, the closing price was at $13.51.
Cowen & Co. upgraded the previous rating for SM Energy Co SM from Market Perform to Outperform. In the third quarter, SM Energy showed an EPS of $0.74, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $38.25 and a 52-week-low of $5.06. At the end of the last trading period, SM Energy closed at $31.54.
For Royal Caribbean Group RCL, Berenberg upgraded the previous rating of Sell to Hold. For the third quarter, Royal Caribbean Gr had an EPS of $4.91, compared to year-ago quarter EPS of $5.62. At the moment, the stock has a 52-week-high of $99.24 and a 52-week-low of $64.20. Royal Caribbean Gr closed at $74.70 at the end of the last trading period.
For Zymeworks Inc ZYME, SVB Leerink upgraded the previous rating of Market Perform to Outperform. In the third quarter, Zymeworks showed an EPS of $1.25, compared to $1.43 from the year-ago quarter. The stock has a 52-week-high of $59.03 and a 52-week-low of $16.02. At the end of the last trading period, Zymeworks closed at $16.12.
According to JP Morgan, the prior rating for Bright Health Group Inc BHG was changed from Neutral to Overweight. Bright Health Gr earned $0.48 in the third quarter, compared to $0.43 in the year-ago quarter. The current stock performance of Bright Health Gr shows a 52-week-high of $17.93 and a 52-week-low of $3.07. Moreover, at the end of the last trading period, the closing price was at $4.35.
For Commercial Metals Co CMC, JP Morgan upgraded the previous rating of Neutral to Overweight. For the fourth quarter, Commercial Metals had an EPS of $1.26, compared to year-ago quarter EPS of $0.79. The stock has a 52-week-high of $36.86 and a 52-week-low of $19.44. At the end of the last trading period, Commercial Metals closed at $33.04.
For AvalonBay Communities Inc AVB, BMO Capital upgraded the previous rating of Market Perform to Outperform. AvalonBay Communities earned $2.06 in the third quarter, compared to $2.06 in the year-ago quarter. The stock has a 52-week-high of $247.45 and a 52-week-low of $154.84. At the end of the last trading period, AvalonBay Communities closed at $242.52.
Goldman Sachs upgraded the previous rating for Jabil Inc JBL from Neutral to Buy. Jabil earned $1.44 in the fourth quarter, compared to $0.98 in the year-ago quarter. The current stock performance of Jabil shows a 52-week-high of $65.79 and a 52-week-low of $39.06. Moreover, at the end of the last trading period, the closing price was at $61.72.

See all analyst ratings upgrades.

Downgrades

According to Northland Capital Markets, the prior rating for Everbridge Inc EVBG was changed from Outperform to Market Perform. In the third quarter, Everbridge showed an EPS of $0.05, compared to $0.05 from the year-ago quarter. The current stock performance of Everbridge shows a 52-week-high of $178.98 and a 52-week-low of $103.28. Moreover, at the end of the last trading period, the closing price was at $115.37.
Evercore ISI Group downgraded the previous rating for Fidelity National Information Services Inc FIS from Outperform to In-Line. Fidelity National Info earned $1.73 in the third quarter, compared to $1.42 in the year-ago quarter. The current stock performance of Fidelity National Info shows a 52-week-high of $155.96 and a 52-week-low of $101.79. Moreover, at the end of the last trading period, the closing price was at $104.99.
Morgan Stanley downgraded the previous rating for Radius Health Inc RDUS from Equal-Weight to Underweight. In the third quarter, Radius Health showed an EPS of $0.32, compared to $0.15 from the year-ago quarter. The current stock performance of Radius Health shows a 52-week-high of $26.16 and a 52-week-low of $7.39. Moreover, at the end of the last trading period, the closing price was at $7.60.
For Zymeworks Inc ZYME, Raymond James downgraded the previous rating of Strong Buy to Outperform. In the third quarter, Zymeworks showed an EPS of $1.25, compared to $1.43 from the year-ago quarter. The stock has a 52-week-high of $59.03 and a 52-week-low of $16.02. At the end of the last trading period, Zymeworks closed at $16.12.
According to Morgan Stanley, the prior rating for Torrid Holdings Inc CURV was changed from Overweight to Equal-Weight. The stock has a 52-week-high of $33.19 and a 52-week-low of $11.10. At the end of the last trading period, Torrid Holdings closed at $11.28.
Needham downgraded the previous rating for Everbridge Inc EVBG from Buy to Hold. Everbridge earned $0.05 in the third quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $178.98 and a 52-week-low of $103.28. At the end of the last trading period, Everbridge closed at $115.37.
For Global Payments Inc GPN, Evercore ISI Group downgraded the previous rating of Outperform to In-Line. For the third quarter, Global Payments had an EPS of $2.18, compared to year-ago quarter EPS of $1.71. The stock has a 52-week-high of $220.81 and a 52-week-low of $116.75. At the end of the last trading period, Global Payments closed at $127.37.
According to Evercore ISI Group, the prior rating for Fiserv Inc FISV was changed from Outperform to In-Line. For the third quarter, Fiserv had an EPS of $1.47, compared to year-ago quarter EPS of $1.20. At the moment, the stock has a 52-week-high of $127.34 and a 52-week-low of $92.06. Fiserv closed at $103.53 at the end of the last trading period.
For Mesa Air Group Inc MESA, Deutsche Bank downgraded the previous rating of Buy to Hold. Mesa Air Group earned $0.06 in the fourth quarter, compared to $0.32 in the year-ago quarter. The current stock performance of Mesa Air Group shows a 52-week-high of $17.40 and a 52-week-low of $6.02. Moreover, at the end of the last trading period, the closing price was at $7.08.
According to Berenberg, the prior rating for Mimecast Ltd MIME was changed from Buy to Hold. Mimecast earned $0.40 in the second quarter, compared to $0.32 in the year-ago quarter. The current stock performance of Mimecast shows a 52-week-high of $85.48 and a 52-week-low of $38.84. Moreover, at the end of the last trading period, the closing price was at $79.19.
According to Berenberg, the prior rating for Sumo Logic Inc SUMO was changed from Buy to Hold. Sumo Logic earned $0.12 in the third quarter, compared to $0.06 in the year-ago quarter. The current stock performance of Sumo Logic shows a 52-week-high of $46.37 and a 52-week-low of $12.90. Moreover, at the end of the last trading period, the closing price was at $14.25.
B of A Securities downgraded the previous rating for Everbridge Inc EVBG from Neutral to Underperform. Everbridge earned $0.05 in the third quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $178.98 and a 52-week-low of $103.28. At the end of the last trading period, Everbridge closed at $115.37.
For Southwest Airlines Co LUV, Goldman Sachs downgraded the previous rating of Neutral to Sell. In the third quarter, Southwest Airlines showed an EPS of $0.23, compared to $1.99 from the year-ago quarter. The current stock performance of Southwest Airlines shows a 52-week-high of $64.75 and a 52-week-low of $42.39. Moreover, at the end of the last trading period, the closing price was at $43.61.
According to Credit Suisse, the prior rating for Peloton Interactive Inc PTON was changed from Outperform to Neutral. In the first quarter, Peloton Interactive showed an EPS of $1.25, compared to $0.20 from the year-ago quarter. The current stock performance of Peloton Interactive shows a 52-week-high of $171.09 and a 52-week-low of $40.27. Moreover, at the end of the last trading period, the closing price was at $40.70.
JP Morgan downgraded the previous rating for Constellium SE CSTM from Overweight to Neutral. Constellium earned $0.77 in the third quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.59 and a 52-week-low of $11.92. Constellium closed at $17.66 at the end of the last trading period.
JP Morgan downgraded the previous rating for Kaiser Aluminum Corp KALU from Neutral to Underweight. In the third quarter, Kaiser Aluminum showed an EPS of $0.57, compared to $0.33 from the year-ago quarter. At the moment, the stock has a 52-week-high of $141.07 and a 52-week-low of $84.78. Kaiser Aluminum closed at $96.92 at the end of the last trading period.
According to Wedbush, the prior rating for BJ's Restaurants Inc BJRI was changed from Outperform to Neutral. In the third quarter, BJ's Restaurants showed an EPS of $0.13, compared to $0.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $63.42 and a 52-week-low of $28.85. BJ's Restaurants closed at $36.20 at the end of the last trading period.
For Everbridge Inc EVBG, Barclays downgraded the previous rating of Overweight to Equal-Weight. In the third quarter, Everbridge showed an EPS of $0.05, compared to $0.05 from the year-ago quarter. The current stock performance of Everbridge shows a 52-week-high of $178.98 and a 52-week-low of $103.28. Moreover, at the end of the last trading period, the closing price was at $115.37.
Stifel downgraded the previous rating for Everbridge Inc EVBG from Buy to Hold. For the third quarter, Everbridge had an EPS of $0.05, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $178.98 and a 52-week-low of $103.28. At the end of the last trading period, Everbridge closed at $115.37.
According to Baird, the prior rating for Everbridge Inc EVBG was changed from Outperform to Neutral. In the third quarter, Everbridge showed an EPS of $0.05, compared to $0.05 from the year-ago quarter. The current stock performance of Everbridge shows a 52-week-high of $178.98 and a 52-week-low of $103.28. Moreover, at the end of the last trading period, the closing price was at $115.37.
According to JP Morgan, the prior rating for Everbridge Inc EVBG was changed from Overweight to Neutral. Everbridge earned $0.05 in the third quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $178.98 and a 52-week-low of $103.28. Everbridge closed at $115.37 at the end of the last trading period.
JP Morgan downgraded the previous rating for B2Gold Corp BTG from Neutral to Underweight. For the third quarter, B2Gold had an EPS of $0.12, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $6.04 and a 52-week-low of $3.30. B2Gold closed at $3.73 at the end of the last trading period.
For Centerspace CSR, BMO Capital downgraded the previous rating of Outperform to Market Perform. In the third quarter, Centerspace showed an EPS of $0.98, compared to $0.94 from the year-ago quarter. The stock has a 52-week-high of $111.73 and a 52-week-low of $66.91. At the end of the last trading period, Centerspace closed at $108.75.
Deutsche Bank downgraded the previous rating for Carrier Global Corp CARR from Buy to Hold. Carrier Global earned $0.71 in the third quarter, compared to $0.67 in the year-ago quarter. The current stock performance of Carrier Global shows a 52-week-high of $58.89 and a 52-week-low of $34.21. Moreover, at the end of the last trading period, the closing price was at $55.99.
According to Deutsche Bank, the prior rating for AGCO Corp AGCO was changed from Buy to Hold. In the third quarter, AGCO showed an EPS of $2.41, compared to $2.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $158.62 and a 52-week-low of $88.34. AGCO closed at $120.14 at the end of the last trading period.
Goldman Sachs downgraded the previous rating for Radius Health Inc RDUS from Buy to Neutral. For the third quarter, Radius Health had an EPS of $0.32, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $26.16 and a 52-week-low of $7.39. Radius Health closed at $7.60 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Maxim Group initiated coverage on WISeKey International Holding Ltd WKEY. The price target seems to have been set at $11.00 for WISeKey Intl Hldg. The current stock performance of WISeKey Intl Hldg shows a 52-week-high of $22.40 and a 52-week-low of $4.24. Moreover, at the end of the last trading period, the closing price was at $4.75.
With a Speculative Buy rating, Benchmark initiated coverage on Spruce Biosciences Inc SPRB. The price target seems to have been set at $7.00 for Spruce Biosciences. Spruce Biosciences earned $0.49 in the third quarter, compared to $12.35 in the year-ago quarter. The stock has a 52-week-high of $28.49 and a 52-week-low of $2.25. At the end of the last trading period, Spruce Biosciences closed at $2.56.
Jefferies initiated coverage on SomaLogic Inc SLGC with a Buy rating. The price target for SomaLogic is set to $16.00.
Truist Securities initiated coverage on Cyxtera Technologies Inc CYXT with a Buy rating. The price target for Cyxtera Technologies is set to $15.00.
HC Wainwright & Co. initiated coverage on Delcath Systems Inc DCTH with a Buy rating. The price target for Delcath Systems is set to $25.00. For the third quarter, Delcath Systems had an EPS of $0.94, compared to year-ago quarter EPS of $1.16. At the moment, the stock has a 52-week-high of $25.18 and a 52-week-low of $7.00. Delcath Systems closed at $8.02 at the end of the last trading period.
Benchmark initiated coverage on Aspen Aerogels Inc ASPN with a Buy rating. The price target for Aspen Aerogels is set to $70.00. For the third quarter, Aspen Aerogels had an EPS of $0.35, compared to year-ago quarter EPS of $0.25. The current stock performance of Aspen Aerogels shows a 52-week-high of $65.99 and a 52-week-low of $14.24. Moreover, at the end of the last trading period, the closing price was at $55.78.
With an Outperform rating, Wolfe Research initiated coverage on Spirit Realty Capital Inc SRC. The price target seems to have been set at $57.00 for Spirit Realty Cap. For the third quarter, Spirit Realty Cap had an EPS of $0.84, compared to year-ago quarter EPS of $0.72. At the moment, the stock has a 52-week-high of $52.29 and a 52-week-low of $36.89. Spirit Realty Cap closed at $46.78 at the end of the last trading period.
With a Neutral rating, Goldman Sachs initiated coverage on Flywire Corp FLYW. The price target seems to have been set at $47.00 for Flywire. The current stock performance of Flywire shows a 52-week-high of $57.41 and a 52-week-low of $27.63. Moreover, at the end of the last trading period, the closing price was at $40.02.
With a Buy rating, Goldman Sachs initiated coverage on Paymentus Holdings Inc PAY. The price target seems to have been set at $41.00 for Paymentus Holdings. The current stock performance of Paymentus Holdings shows a 52-week-high of $39.23 and a 52-week-low of $22.53. Moreover, at the end of the last trading period, the closing price was at $27.26.
Goldman Sachs initiated coverage on Riskified Ltd RSKD with a Sell rating. The price target for Riskified is set to $9.00.
With a Buy rating, Goldman Sachs initiated coverage on Global E Online Ltd GLBE. The price target seems to have been set at $89.00 for Global E Online. At the moment, the stock has a 52-week-high of $83.77 and a 52-week-low of $24.22. Global E Online closed at $62.00 at the end of the last trading period.
With an Overweight rating, JP Morgan initiated coverage on Cytokinetics Inc CYTK. The price target seems to have been set at $58.00 for Cytokinetics. Cytokinetics earned $0.95 in the third quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $42.87 and a 52-week-low of $16.81. At the end of the last trading period, Cytokinetics closed at $35.03.
DA Davidson initiated coverage on ironSource Ltd IS with a Buy rating. The price target for ironSource is set to $11.00. The current stock performance of ironSource shows a 52-week-high of $13.14 and a 52-week-low of $7.56. Moreover, at the end of the last trading period, the closing price was at $8.30.
DA Davidson initiated coverage on AppLovin Corp APP with a Buy rating. The price target for AppLovin is set to $125.00. The stock has a 52-week-high of $116.09 and a 52-week-low of $49.41. At the end of the last trading period, AppLovin closed at $90.78.
With a Buy rating, DA Davidson initiated coverage on European Sustainable Growth Acquisition Corp EUSG. The price target seems to have been set at $17.00 for European Sustainable. At the moment, the stock has a 52-week-high of $10.37 and a 52-week-low of $9.60. European Sustainable closed at $10.00 at the end of the last trading period.
Oppenheimer initiated coverage on BioCryst Pharmaceuticals Inc BCRX with an Outperform rating. The price target for BioCryst Pharmaceuticals is set to $16.00. In the third quarter, BioCryst Pharmaceuticals showed an EPS of $0.33, compared to $0.26 from the year-ago quarter. The current stock performance of BioCryst Pharmaceuticals shows a 52-week-high of $18.48 and a 52-week-low of $6.83. Moreover, at the end of the last trading period, the closing price was at $11.78.
With an Outperform rating, Oppenheimer initiated coverage on Pliant Therapeutics Inc PLRX. The price target seems to have been set at $40.00 for Pliant Therapeutics. For the third quarter, Pliant Therapeutics had an EPS of $0.75, compared to year-ago quarter EPS of $0.47. At the moment, the stock has a 52-week-high of $43.92 and a 52-week-low of $11.91. Pliant Therapeutics closed at $14.22 at the end of the last trading period.
With an Outperform rating, RBC Capital initiated coverage on Edwards Lifesciences Corp EW. The price target seems to have been set at $142.00 for Edwards Lifesciences. For the third quarter, Edwards Lifesciences had an EPS of $0.54, compared to year-ago quarter EPS of $0.51. The stock has a 52-week-high of $123.27 and a 52-week-low of $78.44. At the end of the last trading period, Edwards Lifesciences closed at $120.34.
RBC Capital initiated coverage on Medtronic PLC MDT with an Outperform rating. The price target for Medtronic is set to $140.00. In the second quarter, Medtronic showed an EPS of $1.32, compared to $1.02 from the year-ago quarter. The current stock performance of Medtronic shows a 52-week-high of $135.89 and a 52-week-low of $105.02. Moreover, at the end of the last trading period, the closing price was at $112.81.
With an Outperform rating, RBC Capital initiated coverage on Boston Scientific Corp BSX. The price target seems to have been set at $51.00 for Boston Scientific. For the third quarter, Boston Scientific had an EPS of $0.41, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $46.28 and a 52-week-low of $33.42. At the end of the last trading period, Boston Scientific closed at $41.28.
RBC Capital initiated coverage on Abbott Laboratories ABT with an Outperform rating. The price target for Abbott Laboratories is set to $146.00. Abbott Laboratories earned $1.40 in the third quarter, compared to $0.98 in the year-ago quarter. The stock has a 52-week-high of $134.08 and a 52-week-low of $105.32. At the end of the last trading period, Abbott Laboratories closed at $132.53.
With an Outperform rating, RBC Capital initiated coverage on Teleflex Inc TFX. The price target seems to have been set at $415.00 for Teleflex. Teleflex earned $3.51 in the third quarter, compared to $2.77 in the year-ago quarter. At the moment, the stock has a 52-week-high of $449.38 and a 52-week-low of $289.00. Teleflex closed at $320.35 at the end of the last trading period.
With an Outperform rating, RBC Capital initiated coverage on NuVasive Inc NUVA. The price target seems to have been set at $60.00 for NuVasive. For the third quarter, NuVasive had an EPS of $0.32, compared to year-ago quarter EPS of $0.55. The stock has a 52-week-high of $72.61 and a 52-week-low of $44.80. At the end of the last trading period, NuVasive closed at $49.92.
RBC Capital initiated coverage on Stryker Corp SYK with a Sector Perform rating. The price target for Stryker is set to $278.00. For the third quarter, Stryker had an EPS of $2.20, compared to year-ago quarter EPS of $2.14. At the moment, the stock has a 52-week-high of $281.16 and a 52-week-low of $220.90. Stryker closed at $260.54 at the end of the last trading period.
With a Sector Perform rating, RBC Capital initiated coverage on Zimmer Biomet Holdings Inc ZBH. The price target seems to have been set at $140.00 for Zimmer Biomet Holdings. Zimmer Biomet Holdings earned $1.81 in the third quarter, compared to $1.81 in the year-ago quarter. At the moment, the stock has a 52-week-high of $180.36 and a 52-week-low of $119.55. Zimmer Biomet Holdings closed at $125.44 at the end of the last trading period.
UBS initiated coverage on U.S. Bancorp USB with a Buy rating. The price target for U.S. Bancorp is set to $70.00. U.S. Bancorp earned $1.30 in the third quarter, compared to $0.99 in the year-ago quarter. The stock has a 52-week-high of $63.01 and a 52-week-low of $42.47. At the end of the last trading period, U.S. Bancorp closed at $57.21.
With a Buy rating, UBS initiated coverage on PNC Financial Services Group Inc PNC. The price target seems to have been set at $240.00 for PNC Financial Services Gr. For the third quarter, PNC Financial Services Gr had an EPS of $3.75, compared to year-ago quarter EPS of $3.39. The stock has a 52-week-high of $217.60 and a 52-week-low of $139.30. At the end of the last trading period, PNC Financial Services Gr closed at $200.73.