Benzinga's Top Ratings Upgrades, Downgrades For February 16, 2022

Upgrades

According to Compass Point, the prior rating for Comerica Inc CMA was changed from Neutral to Buy. Comerica earned $1.66 in the fourth quarter, compared to $1.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of $102.09 and a 52-week-low of $61.30. Comerica closed at $100.17 at the end of the last trading period.

According to Evercore ISI Group, the prior rating for Macy's Inc M was changed from In-Line to Outperform. Macy's earned $1.23 in the third quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Macy's shows a 52-week-high of $37.95 and a 52-week-low of $13.73. Moreover, at the end of the last trading period, the closing price was at $25.43.

Janney Montgomery Scott upgraded the previous rating for Preferred Bank PFBC from Neutral to Buy. Preferred Bank earned $1.80 in the fourth quarter, compared to $1.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $81.97 and a 52-week-low of $51.61. Preferred Bank closed at $79.11 at the end of the last trading period.

For CEVA Inc CEVA, Rosenblatt upgraded the previous rating of Neutral to Buy. CEVA earned $0.22 in the fourth quarter, compared to $0.20 in the year-ago quarter. At the moment, the stock has a 52-week-high of $83.95 and a 52-week-low of $32.45. CEVA closed at $40.00 at the end of the last trading period.

Credit Suisse upgraded the previous rating for Controladora Vuela Compania de Aviacion SAB de CV VLRS from Neutral to Outperform. In the third quarter, Controladora Vuela showed an EPS of $0.64, compared to $0.96 from the year-ago quarter. The current stock performance of Controladora Vuela shows a 52-week-high of $23.58 and a 52-week-low of $13.18. Moreover, at the end of the last trading period, the closing price was at $19.61.

Stifel upgraded the previous rating for IPG Photonics Corp IPGP from Hold to Buy. IPG Photonics earned $1.21 in the fourth quarter, compared to $0.92 in the year-ago quarter. The current stock performance of IPG Photonics shows a 52-week-high of $257.90 and a 52-week-low of $128.70. Moreover, at the end of the last trading period, the closing price was at $137.55.

For Ecolab Inc ECL, JP Morgan upgraded the previous rating of Underweight to Neutral. For the fourth quarter, Ecolab had an EPS of $1.28, compared to year-ago quarter EPS of $1.23. The stock has a 52-week-high of $238.93 and a 52-week-low of $180.37. At the end of the last trading period, Ecolab closed at $183.25.

See all analyst ratings upgrades.

Downgrades

Needham downgraded the previous rating for Resonant Inc RESN from Buy to Hold. In the third quarter, Resonant showed an EPS of $0.14, compared to $0.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $7.73 and a 52-week-low of $1.18. Resonant closed at $4.39 at the end of the last trading period.

According to B of A Securities, the prior rating for ViacomCBS Inc VIAC was changed from Buy to Neutral. ViacomCBS earned $0.26 in the fourth quarter, compared to $1.04 in the year-ago quarter. The current stock performance of ViacomCBS shows a 52-week-high of $101.97 and a 52-week-low of $28.29. Moreover, at the end of the last trading period, the closing price was at $35.99.

According to Benchmark, the prior rating for Resonant Inc RESN was changed from Buy to Hold. For the third quarter, Resonant had an EPS of $0.14, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $7.73 and a 52-week-low of $1.18. Resonant closed at $4.39 at the end of the last trading period.

For Wix.com Ltd WIX, Guggenheim downgraded the previous rating of Buy to Neutral. Wix.com earned $0.37 in the fourth quarter, compared to $0.03 in the year-ago quarter. The current stock performance of Wix.com shows a 52-week-high of $362.07 and a 52-week-low of $109.03. Moreover, at the end of the last trading period, the closing price was at $115.76.

For Nordstrom Inc JWN, Evercore ISI Group downgraded the previous rating of Outperform to In-Line. For the third quarter, Nordstrom had an EPS of $0.39, compared to year-ago quarter EPS of $0.22. The current stock performance of Nordstrom shows a 52-week-high of $46.45 and a 52-week-low of $18.95. Moreover, at the end of the last trading period, the closing price was at $22.64.

According to Evercore ISI Group, the prior rating for CarMax Inc KMX was changed from Outperform to In-Line. In the third quarter, CarMax showed an EPS of $1.53, compared to $1.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $155.98 and a 52-week-low of $102.47. CarMax closed at $113.32 at the end of the last trading period.

For Green Plains Partners LP GPP, Stifel downgraded the previous rating of Buy to Hold. Green Plains Partners earned $0.42 in the fourth quarter, compared to $0.44 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.02 and a 52-week-low of $9.37. Green Plains Partners closed at $14.47 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Masimo Corp MASI from Overweight to Neutral. For the fourth quarter, Masimo had an EPS of $1.21, compared to year-ago quarter EPS of $0.98. The stock has a 52-week-high of $305.21 and a 52-week-low of $198.24. At the end of the last trading period, Masimo closed at $228.84.

According to Piper Sandler, the prior rating for Celanese Corp CE was changed from Overweight to Neutral. Celanese earned $4.91 in the fourth quarter, compared to $2.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $176.50 and a 52-week-low of $129.26. Celanese closed at $158.31 at the end of the last trading period.

According to RBC Capital, the prior rating for Clearwater Paper Corp CLW was changed from Outperform to Sector Perform. In the fourth quarter, Clearwater Paper showed an EPS of $0.82, compared to $1.45 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.76 and a 52-week-low of $27.30. Clearwater Paper closed at $33.17 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Ladenburg Thalmann initiated coverage on Bellicum Pharmaceuticals Inc BLCM with a Buy rating. The price target for Bellicum Pharmaceuticals is set to $5.00. In the third quarter, Bellicum Pharmaceuticals showed an EPS of $0.07, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $7.44 and a 52-week-low of $1.36. At the end of the last trading period, Bellicum Pharmaceuticals closed at $1.45.

JP Morgan initiated coverage on Vacasa Inc VCSA with an Overweight rating. The price target for Vacasa is set to $10.00. At the moment, the stock has a 52-week-high of $11.00 and a 52-week-low of $5.56. Vacasa closed at $7.25 at the end of the last trading period.

With a Buy rating, Goldman Sachs initiated coverage on Intra-Cellular Therapies Inc ITCI. The price target seems to have been set at $64.00 for Intra-Cellular Therapies. In the third quarter, Intra-Cellular Therapies showed an EPS of $0.95, compared to $0.79 from the year-ago quarter. The stock has a 52-week-high of $56.59 and a 52-week-low of $28.40. At the end of the last trading period, Intra-Cellular Therapies closed at $56.00.

With a Buy rating, HSBC initiated coverage on Fluence Energy Inc FLNC. The price target seems to have been set at $26.00 for Fluence Energy. The current stock performance of Fluence Energy shows a 52-week-high of $39.40 and a 52-week-low of $12.40. Moreover, at the end of the last trading period, the closing price was at $13.47.

JP Morgan initiated coverage on Vasta Platform Ltd VSTA with a Neutral rating. The price target for Vasta Platform is set to $6.00. In the third quarter, Vasta Platform showed an EPS of $0.16, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $15.48 and a 52-week-low of $2.20. At the end of the last trading period, Vasta Platform closed at $6.10.

JP Morgan initiated coverage on Arco Platform Ltd ARCE with a Neutral rating. The price target for Arco Platform is set to $22.00. For the third quarter, Arco Platform had an EPS of $0.04, compared to year-ago quarter EPS of $0.13. The stock has a 52-week-high of $39.04 and a 52-week-low of $15.90. At the end of the last trading period, Arco Platform closed at $20.41.

See all analyst ratings initiations.