Benzinga's Top Ratings Upgrades, Downgrades For January 6, 2022

Upgrades

• For Canada Goose Holdings Inc GOOS, Barclays upgraded the previous rating of Equal-Weight to Overweight. For the second quarter, Canada Goose Hldgs had an EPS of $0.10, compared to year-ago quarter EPS of $0.08. The current stock performance of Canada Goose Hldgs shows a 52-week-high of $53.64 and a 52-week-low of $28.10. Moreover, at the end of the last trading period, the closing price was at $35.69.
• Jefferies upgraded the previous rating for Five9 Inc FIVN from Hold to Buy. In the third quarter, Five9 showed an EPS of $0.28, compared to $0.27 from the year-ago quarter. The current stock performance of Five9 shows a 52-week-high of $211.68 and a 52-week-low of $122.33. Moreover, at the end of the last trading period, the closing price was at $133.22.
• Evercore ISI Group upgraded the previous rating for Lowe's Companies Inc LOW from In-Line to Outperform. Lowe's Companies earned $2.73 in the third quarter, compared to $1.98 in the year-ago quarter. The stock has a 52-week-high of $263.31 and a 52-week-low of $150.84. At the end of the last trading period, Lowe's Companies closed at $254.75.
• According to Evercore ISI Group, the prior rating for Progressive Corp PGR was changed from In-Line to Outperform. For the third quarter, Progressive had an EPS of $0.14, compared to year-ago quarter EPS of $1.88. The stock has a 52-week-high of $107.58 and a 52-week-low of $84.89. At the end of the last trading period, Progressive closed at $102.89.
• According to Truist Securities, the prior rating for Exxon Mobil Corp XOM was changed from Sell to Hold. In the third quarter, Exxon Mobil showed an EPS of $1.58, compared to $0.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $67.61 and a 52-week-low of $41.83. Exxon Mobil closed at $66.75 at the end of the last trading period.
• B of A Securities upgraded the previous rating for Comerica Inc CMA from Underperform to Neutral. For the third quarter, Comerica had an EPS of $1.90, compared to year-ago quarter EPS of $1.44. At the moment, the stock has a 52-week-high of $94.40 and a 52-week-low of $55.13. Comerica closed at $92.34 at the end of the last trading period.
• Wells Fargo upgraded the previous rating for Humana Inc HUM from Equal-Weight to Overweight. Humana earned $4.83 in the third quarter, compared to $3.08 in the year-ago quarter. The current stock performance of Humana shows a 52-week-high of $475.44 and a 52-week-low of $370.22. Moreover, at the end of the last trading period, the closing price was at $455.83.
• Wells Fargo upgraded the previous rating for Cigna Corp CI from Equal-Weight to Overweight. For the third quarter, Cigna had an EPS of $5.73, compared to year-ago quarter EPS of $4.41. At the moment, the stock has a 52-week-high of $272.81 and a 52-week-low of $190.88. Cigna closed at $236.52 at the end of the last trading period.
• Wells Fargo upgraded the previous rating for Smartsheet Inc SMAR from Equal-Weight to Overweight. For the third quarter, Smartsheet had an EPS of $0.03, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $85.65 and a 52-week-low of $51.11. At the end of the last trading period, Smartsheet closed at $68.20.
• Baird upgraded the previous rating for UniFirst Corp UNF from Neutral to Outperform. For the first quarter, UniFirst had an EPS of $2.00, compared to year-ago quarter EPS of $2.20. At the moment, the stock has a 52-week-high of $258.86 and a 52-week-low of $189.84. UniFirst closed at $196.02 at the end of the last trading period.
• According to Baird, the prior rating for L3Harris Technologies Inc LHX was changed from Neutral to Outperform. For the third quarter, L3Harris Technologies had an EPS of $3.21, compared to year-ago quarter EPS of $2.84. At the moment, the stock has a 52-week-high of $246.08 and a 52-week-low of $168.70. L3Harris Technologies closed at $209.38 at the end of the last trading period.
• Wells Fargo upgraded the previous rating for UiPath Inc PATH from Equal-Weight to Overweight. For the third quarter, UiPath had an EPS of $0.00, compared to year-ago quarter EPS of $0.41. The current stock performance of UiPath shows a 52-week-high of $90.00 and a 52-week-low of $38.09. Moreover, at the end of the last trading period, the closing price was at $38.10.
• According to B of A Securities, the prior rating for Coinbase Global Inc COIN was changed from Neutral to Buy. The stock has a 52-week-high of $429.54 and a 52-week-low of $208.00. At the end of the last trading period, Coinbase Global closed at $234.23.
• According to Credit Suisse, the prior rating for The Simply Good Foods Co SMPL was changed from Neutral to Outperform. For the first quarter, Simply Good Foods had an EPS of $0.43, compared to year-ago quarter EPS of $0.29. The stock has a 52-week-high of $43.17 and a 52-week-low of $26.78. At the end of the last trading period, Simply Good Foods closed at $38.89.
• According to Wolfe Research, the prior rating for C.H. Robinson Worldwide Inc CHRW was changed from Peer Perform to Outperform. For the third quarter, C.H. Robinson Worldwide had an EPS of $1.85, compared to year-ago quarter EPS of $1.00. At the moment, the stock has a 52-week-high of $111.99 and a 52-week-low of $84.67. C.H. Robinson Worldwide closed at $109.66 at the end of the last trading period.
• According to Deutsche Bank, the prior rating for Avis Budget Group Inc CAR was changed from Sell to Hold. For the third quarter, Avis Budget Gr had an EPS of $10.74, compared to year-ago quarter EPS of $1.13. At the moment, the stock has a 52-week-high of $545.11 and a 52-week-low of $35.31. Avis Budget Gr closed at $194.90 at the end of the last trading period.
• Morgan Stanley upgraded the previous rating for Allbirds Inc BIRD from Equal-Weight to Overweight. Allbirds earned $0.25 in the third quarter, compared to $0.13 in the year-ago quarter. The stock has a 52-week-high of $19.69 and a 52-week-low of $12.81. At the end of the last trading period, Allbirds closed at $13.57.
• According to JP Morgan, the prior rating for RPM International Inc RPM was changed from Underweight to Neutral. RPM International earned $0.79 in the second quarter, compared to $1.06 in the year-ago quarter. The current stock performance of RPM International shows a 52-week-high of $101.48 and a 52-week-low of $76.43. Moreover, at the end of the last trading period, the closing price was at $97.44.
• Goldman Sachs upgraded the previous rating for Moelis & Co MC from Sell to Neutral. Moelis & Co earned $1.77 in the third quarter, compared to $0.54 in the year-ago quarter. The current stock performance of Moelis & Co shows a 52-week-high of $77.49 and a 52-week-low of $46.22. Moreover, at the end of the last trading period, the closing price was at $59.82.
• Goldman Sachs upgraded the previous rating for Houlihan Lokey Inc HLI from Neutral to Buy. Houlihan Lokey earned $1.71 in the second quarter, compared to $0.75 in the year-ago quarter. The stock has a 52-week-high of $119.89 and a 52-week-low of $63.38. At the end of the last trading period, Houlihan Lokey closed at $104.92.

See all analyst ratings upgrades.

Downgrades

• According to Morgan Stanley, the prior rating for Bolt Biotherapeutics Inc BOLT was changed from Overweight to Equal-Weight. The stock has a 52-week-high of $43.07 and a 52-week-low of $3.96. At the end of the last trading period, Bolt Biotherapeutics closed at $4.20.
• According to SVB Leerink, the prior rating for Phreesia Inc PHR was changed from Outperform to Market Perform. For the third quarter, Phreesia had an EPS of $0.46, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $81.59 and a 52-week-low of $38.05. Phreesia closed at $38.16 at the end of the last trading period.
• For Zions Bancorp ZION, B of A Securities downgraded the previous rating of Neutral to Underperform. For the third quarter, Zions Bancorp had an EPS of $1.45, compared to year-ago quarter EPS of $1.01. The current stock performance of Zions Bancorp shows a 52-week-high of $68.25 and a 52-week-low of $42.54. Moreover, at the end of the last trading period, the closing price was at $66.22.
• According to B of A Securities, the prior rating for Goldman Sachs Group Inc GS was changed from Buy to Neutral. In the third quarter, Goldman Sachs Group showed an EPS of $14.93, compared to $8.98 from the year-ago quarter. At the moment, the stock has a 52-week-high of $426.16 and a 52-week-low of $262.57. Goldman Sachs Group closed at $398.63 at the end of the last trading period.
• Stifel downgraded the previous rating for Berkeley Lights Inc BLI from Buy to Hold. In the third quarter, Berkeley Lights showed an EPS of $0.30, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $98.39 and a 52-week-low of $16.20. At the end of the last trading period, Berkeley Lights closed at $16.27.
• According to Barclays, the prior rating for VF Corp VFC was changed from Overweight to Equal-Weight. VF earned $1.11 in the second quarter, compared to $0.67 in the year-ago quarter. The current stock performance of VF shows a 52-week-high of $90.79 and a 52-week-low of $65.34. Moreover, at the end of the last trading period, the closing price was at $74.19.
• For U.S. Xpress Enterprises Inc USX, Wolfe Research downgraded the previous rating of Peer Perform to Underperform. For the third quarter, U.S. Xpress Enterprises had an EPS of $0.07, compared to year-ago quarter EPS of $0.20. The stock has a 52-week-high of $12.33 and a 52-week-low of $4.60. At the end of the last trading period, U.S. Xpress Enterprises closed at $5.66.
• For TFI International Inc TFII, Wolfe Research downgraded the previous rating of Outperform to Peer Perform. The stock has a 52-week-high of $120.50 and a 52-week-low of $50.90. At the end of the last trading period, TFI International closed at $104.82.
• According to Wolfe Research, the prior rating for Landstar System Inc LSTR was changed from Peer Perform to Underperform. Landstar System earned $2.58 in the third quarter, compared to $1.61 in the year-ago quarter. The current stock performance of Landstar System shows a 52-week-high of $188.62 and a 52-week-low of $133.03. Moreover, at the end of the last trading period, the closing price was at $179.34.
• According to Wolfe Research, the prior rating for Forward Air Corp FWRD was changed from Outperform to Peer Perform. Forward Air earned $1.14 in the third quarter, compared to $0.61 in the year-ago quarter. The stock has a 52-week-high of $125.71 and a 52-week-low of $70.93. At the end of the last trading period, Forward Air closed at $118.64.
• According to B of A Securities, the prior rating for RPM International Inc RPM was changed from Neutral to Underperform. RPM International earned $0.79 in the second quarter, compared to $1.06 in the year-ago quarter. The current stock performance of RPM International shows a 52-week-high of $101.48 and a 52-week-low of $76.43. Moreover, at the end of the last trading period, the closing price was at $97.44.
• B of A Securities downgraded the previous rating for The Western Union Co WU from Buy to Underperform. In the third quarter, The Western Union showed an EPS of $0.63, compared to $0.57 from the year-ago quarter. At the moment, the stock has a 52-week-high of $26.61 and a 52-week-low of $15.69. The Western Union closed at $18.45 at the end of the last trading period.
• According to Morgan Stanley, the prior rating for Gilead Sciences Inc GILD was changed from Overweight to Equal-Weight. For the third quarter, Gilead Sciences had an EPS of $2.65, compared to year-ago quarter EPS of $2.11. At the moment, the stock has a 52-week-high of $74.12 and a 52-week-low of $59.62. Gilead Sciences closed at $72.18 at the end of the last trading period.
• Morgan Stanley downgraded the previous rating for Entergy Corp ETR from Equal-Weight to Underweight. In the third quarter, Entergy showed an EPS of $2.45, compared to $2.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $115.02 and a 52-week-low of $85.78. Entergy closed at $111.54 at the end of the last trading period.
• For Dollar General Corp DG, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Dollar General earned $2.08 in the third quarter, compared to $2.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of $239.35 and a 52-week-low of $173.50. Dollar General closed at $233.80 at the end of the last trading period.
• Wells Fargo downgraded the previous rating for Target Corp TGT from Overweight to Equal-Weight. Target earned $3.03 in the third quarter, compared to $2.79 in the year-ago quarter. The stock has a 52-week-high of $268.98 and a 52-week-low of $166.82. At the end of the last trading period, Target closed at $228.86.
• According to Piper Sandler, the prior rating for Akamai Technologies Inc AKAM was changed from Overweight to Neutral. Akamai Technologies earned $1.45 in the third quarter, compared to $1.31 in the year-ago quarter. The stock has a 52-week-high of $124.91 and a 52-week-low of $92.64. At the end of the last trading period, Akamai Technologies closed at $115.48.

See all analyst ratings downgrades.

Initiations

• With a Market Outperform rating, JMP Securities initiated coverage on Vacasa Inc VCSA. The price target seems to have been set at $12.00 for Vacasa. At the moment, the stock has a 52-week-high of $8.76 and a 52-week-low of $6.90. Vacasa closed at $8.08 at the end of the last trading period.
• Cowen & Co. initiated coverage on Ascendis Pharma A/S ASND with a Market Perform rating. The price target for Ascendis Pharma is set to $136.00. In the third quarter, Ascendis Pharma showed an EPS of $1.73, compared to $2.70 from the year-ago quarter. The stock has a 52-week-high of $178.71 and a 52-week-low of $109.36. At the end of the last trading period, Ascendis Pharma closed at $123.37.
• With a Buy rating, Berenberg initiated coverage on Radius Global Infrastructure Inc RADI. The price target seems to have been set at $23.00 for Radius Global Infr. For the third quarter, Radius Global Infr had an EPS of $0.11, compared to year-ago quarter EPS of $0.66. The stock has a 52-week-high of $18.79 and a 52-week-low of $10.62. At the end of the last trading period, Radius Global Infr closed at $15.41.
• Cowen & Co. initiated coverage on 2seventy bio Inc TSVT with an Outperform rating. The stock has a 52-week-high of $33.25 and a 52-week-low of $22.53. At the end of the last trading period, 2seventy bio closed at $22.89.
• Wells Fargo initiated coverage on Palo Alto Networks Inc PANW with an Overweight rating. The price target for Palo Alto Networks is set to $700.00. Palo Alto Networks earned $1.64 in the first quarter, compared to $1.62 in the year-ago quarter. At the moment, the stock has a 52-week-high of $572.67 and a 52-week-low of $311.56. Palo Alto Networks closed at $504.86 at the end of the last trading period.
• Benchmark initiated coverage on Advanced Energy Industries Inc AEIS with a Buy rating. The price target for Advanced Energy Indus is set to $110.00. In the third quarter, Advanced Energy Indus showed an EPS of $0.89, compared to $1.66 from the year-ago quarter. The stock has a 52-week-high of $125.55 and a 52-week-low of $81.71. At the end of the last trading period, Advanced Energy Indus closed at $89.42.
• With a Buy rating, Loop Capital initiated coverage on Lincoln Electric Holdings Inc LECO. The price target seems to have been set at $170.00 for Lincoln Electric Holdings. For the third quarter, Lincoln Electric Holdings had an EPS of $1.56, compared to year-ago quarter EPS of $1.10. The current stock performance of Lincoln Electric Holdings shows a 52-week-high of $148.54 and a 52-week-low of $110.52. Moreover, at the end of the last trading period, the closing price was at $138.81.
• With a Hold rating, Loop Capital initiated coverage on Colfax Corp CFX. The price target seems to have been set at $45.00 for Colfax. For the third quarter, Colfax had an EPS of $0.54, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $54.67 and a 52-week-low of $36.73. Colfax closed at $45.83 at the end of the last trading period.
• Morgan Stanley initiated coverage on Nautilus Biotechnology Inc NAUT with a Equal-Weight rating. The price target for Nautilus Biotechnology is set to $8.00. At the moment, the stock has a 52-week-high of $12.38 and a 52-week-low of $4.41. Nautilus Biotechnology closed at $4.85 at the end of the last trading period.
• Wells Fargo initiated coverage on Okta Inc OKTA with an Overweight rating. The price target for Okta is set to $275.00. Okta earned $0.07 in the third quarter, compared to $0.04 in the year-ago quarter. The current stock performance of Okta shows a 52-week-high of $294.00 and a 52-week-low of $196.78. Moreover, at the end of the last trading period, the closing price was at $198.59.
• Wells Fargo initiated coverage on Zscaler Inc ZS with an Overweight rating. The price target for Zscaler is set to $400.00. In the first quarter, Zscaler showed an EPS of $0.14, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $376.11 and a 52-week-low of $157.03. Zscaler closed at $262.33 at the end of the last trading period.

See all analyst ratings initiations.