Benzinga's Top Ratings Upgrades, Downgrades For November 29, 2022

Upgrades

According to Wedbush, the prior rating for The GEO Group Inc GEO was changed from Neutral to Outperform. GEO Group earned $0.60 in the third quarter, compared to $0.52 in the year-ago quarter. The stock has a 52-week-high of $10.78 and a 52-week-low of $5.21. At the end of the last trading period, GEO Group closed at $10.23.

According to Wells Fargo, the prior rating for NovoCure Ltd NVCR was changed from Equal-Weight to Overweight. In the third quarter, NovoCure showed an EPS of $0.25, compared to $0.13 from the year-ago quarter. The current stock performance of NovoCure shows a 52-week-high of $90.98 and a 52-week-low of $56.39. Moreover, at the end of the last trading period, the closing price was at $70.06.

For Canadian Pacific Railway Ltd CP, Deutsche Bank upgraded the previous rating of Hold to Buy. For the third quarter, Canadian Pacific Railway had an EPS of $0.77, compared to year-ago quarter EPS of $0.70. The stock has a 52-week-high of $84.22 and a 52-week-low of $65.17. At the end of the last trading period, Canadian Pacific Railway closed at $80.43.

According to Deutsche Bank, the prior rating for United Parcel Service Inc UPS was changed from Hold to Buy. In the third quarter, United Parcel Service showed an EPS of $2.99, compared to $2.71 from the year-ago quarter. At the moment, the stock has a 52-week-high of $233.72 and a 52-week-low of $154.87. United Parcel Service closed at $179.91 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to B of A Securities, the prior rating for Grupo Televisa SAB TV was changed from Buy to Neutral. For the third quarter, Grupo Televisa had an EPS of $0.03, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $11.90 and a 52-week-low of $5.02. At the end of the last trading period, Grupo Televisa closed at $5.60.

Argus Research downgraded the previous rating for Goodyear Tire & Rubber Co GT from Buy to Hold. Goodyear Tire & Rubber earned $0.40 in the third quarter, compared to $0.72 in the year-ago quarter. The stock has a 52-week-high of $24.17 and a 52-week-low of $9.76. At the end of the last trading period, Goodyear Tire & Rubber closed at $11.12.

According to Raymond James, the prior rating for Invitation Homes Inc INVH was changed from Strong Buy to Outperform. For the third quarter, Invitation Homes had an EPS of $0.42, compared to year-ago quarter EPS of $0.38. At the moment, the stock has a 52-week-high of $45.72 and a 52-week-low of $29.56. Invitation Homes closed at $30.99 at the end of the last trading period.

Raymond James downgraded the previous rating for American Homes 4 Rent AMH from Strong Buy to Outperform. American Homes 4 Rent earned $0.33 in the third quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $43.89 and a 52-week-low of $29.31. At the end of the last trading period, American Homes 4 Rent closed at $31.62.

According to Credit Suisse, the prior rating for Evergy Inc EVRG was changed from Outperform to Underperform. Evergy earned $2.01 in the third quarter, compared to $1.97 in the year-ago quarter. At the moment, the stock has a 52-week-high of $73.12 and a 52-week-low of $54.12. Evergy closed at $58.69 at the end of the last trading period.

Jefferies downgraded the previous rating for Generac Holdings Inc GNRC from Hold to Underperform. For the third quarter, Generac Hldgs had an EPS of $1.75, compared to year-ago quarter EPS of $2.35. The current stock performance of Generac Hldgs shows a 52-week-high of $353.98 and a 52-week-low of $95.92. Moreover, at the end of the last trading period, the closing price was at $102.06.

For PagSeguro Digital Ltd PAGS, JP Morgan downgraded the previous rating of Overweight to Neutral. In the third quarter, PagSeguro Digital showed an EPS of $0.24, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $28.68 and a 52-week-low of $9.45. PagSeguro Digital closed at $10.05 at the end of the last trading period.

According to JP Morgan, the prior rating for Surrozen Inc SRZN was changed from Neutral to Underweight. For the third quarter, Surrozen had an EPS of $0.38, compared to year-ago quarter EPS of $0.51.

Baird downgraded the previous rating for Darden Restaurants Inc DRI from Outperform to Neutral. In the first quarter, Darden Restaurants showed an EPS of $1.56, compared to $1.76 from the year-ago quarter. The stock has a 52-week-high of $155.25 and a 52-week-low of $110.96. At the end of the last trading period, Darden Restaurants closed at $146.82.

According to Morgan Stanley, the prior rating for CinCor Pharma Inc CINC was changed from Overweight to Equal-Weight. In the third quarter, CinCor Pharma showed an EPS of $0.51, compared to $5.19 from the year-ago quarter. The current stock performance of CinCor Pharma shows a 52-week-high of $43.15 and a 52-week-low of $13.00. Moreover, at the end of the last trading period, the closing price was at $14.11.

For CinCor Pharma Inc CINC, Oppenheimer downgraded the previous rating of Outperform to Perform. CinCor Pharma earned $0.51 in the third quarter, compared to $5.19 in the year-ago quarter. The current stock performance of CinCor Pharma shows a 52-week-high of $43.15 and a 52-week-low of $13.00. Moreover, at the end of the last trading period, the closing price was at $14.11.

For Roku Inc ROKU, Keybanc downgraded the previous rating of Overweight to Sector Weight. For the third quarter, Roku had an EPS of $0.88, compared to year-ago quarter EPS of $0.48. The stock has a 52-week-high of $238.36 and a 52-week-low of $44.50. At the end of the last trading period, Roku closed at $53.91.

See all analyst ratings downgrades.

Initiations

Keefe, Bruyette & Woods initiated coverage on VersaBank VBNK with an Outperform rating. The price target for VersaBank is set to $12.00. For the third quarter, VersaBank had an EPS of $0.16, compared to year-ago quarter EPS of $0.20.

With a Buy rating, Lake Street initiated coverage on Proto Labs Inc PRLB. The price target seems to have been set at $29.00 for Proto Labs. Proto Labs earned $0.40 in the third quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $61.14 and a 52-week-low of $22.04. At the end of the last trading period, Proto Labs closed at $24.40.

Northland Capital Markets initiated coverage on Pineapple Energy Inc PEGY with an Outperform rating. The price target for Pineapple Energy is set to $5.70. In the third quarter, Pineapple Energy showed an EPS of $0.34, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $7.60 and a 52-week-low of $0.76. At the end of the last trading period, Pineapple Energy closed at $3.03.

For Century Communities Inc CCS, BTIG initiated coverage, by setting the current rating at Neutral. Century Communities earned $4.44 in the third quarter, compared to $3.63 in the year-ago quarter. The current stock performance of Century Communities shows a 52-week-high of $82.49 and a 52-week-low of $39.00. Moreover, at the end of the last trading period, the closing price was at $47.05.

Benchmark initiated coverage on Smith Micro Software Inc SMSI with a Buy rating. The price target for Smith Micro Software is set to $5.00. Smith Micro Software earned $0.09 in the third quarter, compared to $0.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $5.01 and a 52-week-low of $1.89. Smith Micro Software closed at $2.06 at the end of the last trading period.

For American Express Co AXP, Redburn Partners initiated coverage, by setting the current rating at Neutral. For the third quarter, American Express had an EPS of $2.47, compared to year-ago quarter EPS of $2.27. At the moment, the stock has a 52-week-high of $199.55 and a 52-week-low of $130.65. American Express closed at $150.87 at the end of the last trading period.

Redburn Partners initiated coverage on Mastercard Inc MA with a Neutral rating. Mastercard earned $2.68 in the third quarter, compared to $2.37 in the year-ago quarter. The stock has a 52-week-high of $399.92 and a 52-week-low of $276.87. At the end of the last trading period, Mastercard closed at $344.59.

For Visa Inc V, Redburn Partners initiated coverage, by setting the current rating at Sell. In the fourth quarter, Visa showed an EPS of $1.93, compared to $1.62 from the year-ago quarter. At the moment, the stock has a 52-week-high of $235.85 and a 52-week-low of $174.60. Visa closed at $211.26 at the end of the last trading period.

Guggenheim initiated coverage on Medicenna Therapeutics Corp MDNA with a Buy rating. The price target for Medicenna Therapeutics is set to $2.00. Medicenna Therapeutics earned $0.01 in the second quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.07 and a 52-week-low of $0.40. Medicenna Therapeutics closed at $0.43 at the end of the last trading period.

Wolfe Research initiated coverage on Toast Inc TOST with a Peer Perform rating. Toast earned $0.19 in the third quarter, compared to $1.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.55 and a 52-week-low of $11.91. Toast closed at $18.00 at the end of the last trading period.

With a Neutral rating, UBS initiated coverage on Affirm Holdings Inc AFRM. The price target seems to have been set at $14.00 for Affirm Holdings. Affirm Holdings earned $0.86 in the first quarter, compared to $1.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $102.21 and a 52-week-low of $11.94. Affirm Holdings closed at $12.58 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on SAB Biotherapeutics Inc SABS with a Buy rating. The price target for SAB Biotherapeutics is set to $4.00. SAB Biotherapeutics earned $0.16 in the third quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $8.71 and a 52-week-low of $0.62. At the end of the last trading period, SAB Biotherapeutics closed at $1.05.

With an Outperform rating, SVB Leerink initiated coverage on OmniAb Inc OABI. The price target seems to have been set at $6.00 for OmniAb. The current stock performance of OmniAb shows a 52-week-high of $5.13 and a 52-week-low of $1.91. Moreover, at the end of the last trading period, the closing price was at $2.88.

HC Wainwright & Co. initiated coverage on RCI Hospitality Holdings Inc RICK with a Buy rating. The price target for RCI Hospitality Holdings is set to $120.00. For the third quarter, RCI Hospitality Holdings had an EPS of $1.60, compared to year-ago quarter EPS of $1.36. The stock has a 52-week-high of $94.33 and a 52-week-low of $46.48. At the end of the last trading period, RCI Hospitality Holdings closed at $88.18.

With an Outperform rating, Hovde Group initiated coverage on Atlantic Union Bankshares Corp AUB. The price target seems to have been set at $41.00 for Atlantic Union Bankshares. Atlantic Union Bankshares earned $0.74 in the third quarter, compared to $0.94 in the year-ago quarter. The current stock performance of Atlantic Union Bankshares shows a 52-week-high of $42.67 and a 52-week-low of $30.26. Moreover, at the end of the last trading period, the closing price was at $34.63.

With a Buy rating, Berenberg initiated coverage on Ginkgo Bioworks Holdings Inc DNA. The price target seems to have been set at $6.00 for Ginkgo Bioworks Holdings. For the third quarter, Ginkgo Bioworks Holdings had an EPS of $0.41, compared to year-ago quarter EPS of $0.08. The current stock performance of Ginkgo Bioworks Holdings shows a 52-week-high of $8.77 and a 52-week-low of $1.81. Moreover, at the end of the last trading period, the closing price was at $1.84.

With a Buy rating, Berenberg initiated coverage on 23andMe Holding Co ME. The price target seems to have been set at $7.00 for 23andMe Holding. In the third quarter, 23andMe Holding showed an EPS of $0.15, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $7.19 and a 52-week-low of $2.12. 23andMe Holding closed at $2.76 at the end of the last trading period.

Oppenheimer initiated coverage on Butterfly Network Inc BFLY with an Outperform rating. The price target for Butterfly Network is set to $4.50. In the third quarter, Butterfly Network showed an EPS of $0.27, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $8.72 and a 52-week-low of $2.31. At the end of the last trading period, Butterfly Network closed at $2.97.

See all analyst ratings initiations.