Benzinga's Top Ratings Upgrades, Downgrades For November 9, 2022

Upgrades

Janney Montgomery Scott upgraded the previous rating for First Bancshares Inc FBMS from Neutral to Buy. First Bancshares earned $0.85 in the third quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.81 and a 52-week-low of $26.95. First Bancshares closed at $32.40 at the end of the last trading period.

For Allscripts Healthcare Solutions Inc MDRX, Goldman Sachs upgraded the previous rating of Neutral to Buy. Allscripts Healthcare earned $0.23 in the third quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Allscripts Healthcare shows a 52-week-high of $23.25 and a 52-week-low of $13.59. Moreover, at the end of the last trading period, the closing price was at $16.89.

Credit Suisse upgraded the previous rating for NiSource Inc NI from Neutral to Outperform. NiSource earned $0.10 in the third quarter, compared to $0.11 in the year-ago quarter. The current stock performance of NiSource shows a 52-week-high of $32.59 and a 52-week-low of $23.78. Moreover, at the end of the last trading period, the closing price was at $24.93.

According to Evercore ISI Group, the prior rating for The Kroger Co KR was changed from In-Line to Outperform. Kroger earned $0.90 in the second quarter, compared to $0.80 in the year-ago quarter. The stock has a 52-week-high of $62.78 and a 52-week-low of $41.81. At the end of the last trading period, Kroger closed at $47.12.

According to B of A Securities, the prior rating for Icon PLC ICLR was changed from Neutral to Buy. For the third quarter, Icon had an EPS of $3.00, compared to year-ago quarter EPS of $2.55. The current stock performance of Icon shows a 52-week-high of $312.28 and a 52-week-low of $171.43. Moreover, at the end of the last trading period, the closing price was at $195.07.

B of A Securities upgraded the previous rating for Kite Realty Group Trust KRG from Neutral to Buy. For the third quarter, Kite Realty Gr Trust had an EPS of $0.48, compared to year-ago quarter EPS of $0.33. The stock has a 52-week-high of $23.35 and a 52-week-low of $16.42. At the end of the last trading period, Kite Realty Gr Trust closed at $20.81.

According to Mizuho, the prior rating for Adaptimmune Therapeutics PLC ADAP was changed from Neutral to Buy. In the third quarter, Adaptimmune Therapeutics showed an EPS of $0.24, compared to $0.30 from the year-ago quarter. The current stock performance of Adaptimmune Therapeutics shows a 52-week-high of $4.12 and a 52-week-low of $1.01. Moreover, at the end of the last trading period, the closing price was at $2.08.

For CNH Industrial NV CNHI, Oppenheimer upgraded the previous rating of Perform to Outperform. For the third quarter, CNH Industrial had an EPS of $0.41, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $17.13 and a 52-week-low of $10.60. CNH Industrial closed at $14.19 at the end of the last trading period.

According to Rosenblatt, the prior rating for Quotient Technology Inc QUOT was changed from Neutral to Buy. For the third quarter, Quotient Technology had an EPS of $0.07, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $7.92 and a 52-week-low of $1.68. At the end of the last trading period, Quotient Technology closed at $2.63.

For TrueCar Inc TRUE, BTIG upgraded the previous rating of Neutral to Buy. For the third quarter, TrueCar had an EPS of $0.19, compared to year-ago quarter EPS of $0.07. At the moment, the stock has a 52-week-high of $4.08 and a 52-week-low of $1.30. TrueCar closed at $1.74 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Lumentum Holdings Inc LITE, Northland Capital Markets downgraded the previous rating of Outperform to Market Perform. In the first quarter, Lumentum Holdings showed an EPS of $1.69, compared to $1.79 from the year-ago quarter. The stock has a 52-week-high of $108.90 and a 52-week-low of $58.73. At the end of the last trading period, Lumentum Holdings closed at $59.00.

According to JP Morgan, the prior rating for Porch Group Inc PRCH was changed from Overweight to Neutral. For the third quarter, Porch Group had an EPS of $0.30, compared to year-ago quarter EPS of $0.08. The current stock performance of Porch Group shows a 52-week-high of $16.26 and a 52-week-low of $1.23. Moreover, at the end of the last trading period, the closing price was at $1.44.

For Gray Television Inc GTN, Wells Fargo downgraded the previous rating of Overweight to Underweight. In the third quarter, Gray Television showed an EPS of $1.03, compared to $0.21 from the year-ago quarter. The stock has a 52-week-high of $24.81 and a 52-week-low of $8.61. At the end of the last trading period, Gray Television closed at $10.23.

Goldman Sachs downgraded the previous rating for Taysha Gene Therapies Inc TSHA from Buy to Neutral. Taysha Gene Therapies earned $0.64 in the third quarter, compared to $1.35 in the year-ago quarter. The stock has a 52-week-high of $12.17 and a 52-week-low of $1.35. At the end of the last trading period, Taysha Gene Therapies closed at $2.20.

DA Davidson downgraded the previous rating for Builders FirstSource Inc BLDR from Buy to Neutral. For the third quarter, Builders FirstSource had an EPS of $5.20, compared to year-ago quarter EPS of $3.39. The current stock performance of Builders FirstSource shows a 52-week-high of $86.48 and a 52-week-low of $48.91. Moreover, at the end of the last trading period, the closing price was at $60.91.

Northcoast Research downgraded the previous rating for IAA Inc IAA from Buy to Neutral. For the third quarter, IAA had an EPS of $0.45, compared to year-ago quarter EPS of $0.52. At the moment, the stock has a 52-week-high of $51.12 and a 52-week-low of $31.32. IAA closed at $38.14 at the end of the last trading period.

Oppenheimer downgraded the previous rating for Amyris Inc AMRS from Outperform to Perform. For the third quarter, Amyris had an EPS of $0.44, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $6.37 and a 52-week-low of $1.47. At the end of the last trading period, Amyris closed at $2.59.

According to B of A Securities, the prior rating for Dominion Energy Inc D was changed from Buy to Underperform. For the third quarter, Dominion Energy had an EPS of $1.11, compared to year-ago quarter EPS of $1.11. The stock has a 52-week-high of $88.78 and a 52-week-low of $59.67. At the end of the last trading period, Dominion Energy closed at $62.62.

For Tyson Foods Inc TSN, B of A Securities downgraded the previous rating of Neutral to Underperform. For the third quarter, Tyson Foods had an EPS of $1.94, compared to year-ago quarter EPS of $2.70. At the moment, the stock has a 52-week-high of $100.72 and a 52-week-low of $62.94. Tyson Foods closed at $67.73 at the end of the last trading period.

According to Northcoast Research, the prior rating for Lyft Inc LYFT was changed from Buy to Neutral. In the third quarter, Lyft showed an EPS of $0.10, compared to $0.05 from the year-ago quarter. The current stock performance of Lyft shows a 52-week-high of $46.64 and a 52-week-low of $10.62. Moreover, at the end of the last trading period, the closing price was at $10.90.

Raymond James downgraded the previous rating for The RealReal Inc REAL from Outperform to Market Perform. In the third quarter, The RealReal showed an EPS of $0.38, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $12.90 and a 52-week-low of $1.16. At the end of the last trading period, The RealReal closed at $1.23.

For Nexstar Media Group Inc NXST, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Nexstar Media Group had an EPS of $6.24, compared to year-ago quarter EPS of $3.90. The stock has a 52-week-high of $204.62 and a 52-week-low of $148.10. At the end of the last trading period, Nexstar Media Group closed at $167.45.

Wells Fargo downgraded the previous rating for The E W Scripps Co SSP from Overweight to Equal-Weight. For the third quarter, E W Scripps had an EPS of $0.38, compared to year-ago quarter EPS of $0.50. The current stock performance of E W Scripps shows a 52-week-high of $23.61 and a 52-week-low of $10.89. Moreover, at the end of the last trading period, the closing price was at $11.56.

According to B of A Securities, the prior rating for ADC Therapeutics SA ADCT was changed from Buy to Neutral. In the third quarter, ADC Therapeutics showed an EPS of $0.13, compared to $0.59 from the year-ago quarter. The current stock performance of ADC Therapeutics shows a 52-week-high of $20.67 and a 52-week-low of $4.00. Moreover, at the end of the last trading period, the closing price was at $4.14.

According to Compass Point, the prior rating for MGIC Investment Corp MTG was changed from Buy to Neutral. MGIC Investment earned $0.86 in the third quarter, compared to $0.46 in the year-ago quarter. The current stock performance of MGIC Investment shows a 52-week-high of $16.84 and a 52-week-low of $11.38. Moreover, at the end of the last trading period, the closing price was at $13.58.

According to Compass Point, the prior rating for Radian Group Inc RDN was changed from Buy to Neutral. Radian Group earned $1.31 in the third quarter, compared to $0.67 in the year-ago quarter. The current stock performance of Radian Group shows a 52-week-high of $24.84 and a 52-week-low of $17.97. Moreover, at the end of the last trading period, the closing price was at $20.58.

For Everest Re Group Ltd RE, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Everest Re Group had an EPS of $5.28, compared to year-ago quarter EPS of $1.34. At the moment, the stock has a 52-week-high of $337.50 and a 52-week-low of $244.57. Everest Re Group closed at $325.68 at the end of the last trading period.

According to JP Morgan, the prior rating for International Flavors & Fragrances Inc IFF was changed from Overweight to Neutral. For the third quarter, Intl Flavors & Fragrances had an EPS of $1.36, compared to year-ago quarter EPS of $1.47. At the moment, the stock has a 52-week-high of $151.86 and a 52-week-low of $83.14. Intl Flavors & Fragrances closed at $91.41 at the end of the last trading period.

According to Canaccord Genuity, the prior rating for Unisys Corp UIS was changed from Buy to Hold. Unisys earned $0.05 in the third quarter, compared to $0.10 in the year-ago quarter. The stock has a 52-week-high of $23.10 and a 52-week-low of $4.28. At the end of the last trading period, Unisys closed at $4.63.

Canaccord Genuity downgraded the previous rating for Bioventus Inc BVS from Buy to Hold. For the third quarter, Bioventus had an EPS of $0.08, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $15.57 and a 52-week-low of $2.78. Bioventus closed at $3.00 at the end of the last trading period.

According to JP Morgan, the prior rating for The Beauty Health Co SKIN was changed from Overweight to Neutral. In the third quarter, Beauty Health showed an EPS of $0.05, compared to $1.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.77 and a 52-week-low of $9.79. Beauty Health closed at $10.70 at the end of the last trading period.

JP Morgan downgraded the previous rating for Bioventus Inc BVS from Overweight to Underweight. For the third quarter, Bioventus had an EPS of $0.08, compared to year-ago quarter EPS of $0.25. The current stock performance of Bioventus shows a 52-week-high of $15.57 and a 52-week-low of $2.78. Moreover, at the end of the last trading period, the closing price was at $3.00.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, DA Davidson initiated coverage on Marqeta Inc MQ. The price target seems to have been set at $7.25 for Marqeta. The current stock performance of Marqeta shows a 52-week-high of $18.13 and a 52-week-low of $6.05. Moreover, at the end of the last trading period, the closing price was at $6.82.

Wells Fargo initiated coverage on IHS Holding Ltd IHS with an Overweight rating. The price target for IHS Holding is set to $12.00. For the second quarter, IHS Holding had an EPS of $0.53, compared to year-ago quarter EPS of $0.33. The current stock performance of IHS Holding shows a 52-week-high of $14.23 and a 52-week-low of $4.91. Moreover, at the end of the last trading period, the closing price was at $5.81.

Barclays initiated coverage on Logitech International SA LOGI with an Overweight rating. The price target for Logitech International is set to $65.00. For the second quarter, Logitech International had an EPS of $0.84, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of $87.57 and a 52-week-low of $41.81. Logitech International closed at $54.55 at the end of the last trading period.

Barclays initiated coverage on Garmin Ltd GRMN with a Equal-Weight rating. The price target for Garmin is set to $97.00. In the third quarter, Garmin showed an EPS of $1.24, compared to $1.41 from the year-ago quarter. The current stock performance of Garmin shows a 52-week-high of $138.25 and a 52-week-low of $76.37. Moreover, at the end of the last trading period, the closing price was at $86.83.

With a Buy rating, Ascendiant Capital initiated coverage on NRX Pharmaceuticals Inc NRXP. The price target seems to have been set at $4.00 for NRX Pharmaceuticals. NRX Pharmaceuticals earned $0.11 in the second quarter, compared to $0.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $5.15 and a 52-week-low of $0.49. NRX Pharmaceuticals closed at $0.85 at the end of the last trading period.

See all analyst ratings initiations.