Benzinga's Top Ratings Upgrades, Downgrades For February 3, 2023

Upgrades

Goldman Sachs upgraded the previous rating for Align Technology Inc ALGN from Sell to Neutral. For the fourth quarter, Align Tech had an EPS of $1.73, compared to year-ago quarter EPS of $2.83. At the moment, the stock has a 52-week-high of $552.00 and a 52-week-low of $172.05. Align Tech closed at $359.88 at the end of the last trading period.

According to CBRE, the prior rating for Boyd Gaming Corp BYD was changed from Hold to Buy. For the fourth quarter, Boyd Gaming had an EPS of $1.72, compared to year-ago quarter EPS of $1.35. The current stock performance of Boyd Gaming shows a 52-week-high of $72.72 and a 52-week-low of $46.10. Moreover, at the end of the last trading period, the closing price was at $62.14.

Gordon Haskett upgraded the previous rating for Nordstrom Inc JWN from Reduce to Hold. In the third quarter, Nordstrom showed an EPS of $0.20, compared to $0.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $29.59 and a 52-week-low of $15.53. Nordstrom closed at $21.14 at the end of the last trading period.

For International Paper Co IP, UBS upgraded the previous rating of Sell to Neutral. For the fourth quarter, International Paper had an EPS of $0.87, compared to year-ago quarter EPS of $0.78. The current stock performance of International Paper shows a 52-week-high of $50.23 and a 52-week-low of $30.69. Moreover, at the end of the last trading period, the closing price was at $41.53.

According to Morgan Stanley, the prior rating for Neurocrine Biosciences Inc NBIX was changed from Equal-Weight to Overweight. In the third quarter, Neurocrine Biosciences showed an EPS of $1.08, compared to $0.64 from the year-ago quarter. The current stock performance of Neurocrine Biosciences shows a 52-week-high of $129.29 and a 52-week-low of $75.25. Moreover, at the end of the last trading period, the closing price was at $108.00.

According to Morgan Stanley, the prior rating for Esperion Therapeutics Inc ESPR was changed from Underweight to Equal-Weight. For the third quarter, Esperion Therapeutics had an EPS of $0.81, compared to year-ago quarter EPS of $2.62. The stock has a 52-week-high of $8.87 and a 52-week-low of $3.28. At the end of the last trading period, Esperion Therapeutics closed at $5.92.

For Erasca Inc ERAS, Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. In the third quarter, Erasca showed an EPS of $0.29, compared to $0.46 from the year-ago quarter. The current stock performance of Erasca shows a 52-week-high of $12.80 and a 52-week-low of $3.60. Moreover, at the end of the last trading period, the closing price was at $4.15.

For H.B. Fuller Co FUL, Citigroup upgraded the previous rating of Neutral to Buy. H.B. Fuller earned $1.04 in the fourth quarter, compared to $1.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $81.41 and a 52-week-low of $57.36. H.B. Fuller closed at $73.35 at the end of the last trading period.

Baird upgraded the previous rating for Cardinal Health Inc CAH from Neutral to Outperform. Cardinal Health earned $1.32 in the second quarter, compared to $1.27 in the year-ago quarter. At the moment, the stock has a 52-week-high of $81.57 and a 52-week-low of $49.70. Cardinal Health closed at $76.28 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For SLM Corp SLM, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, SLM had an EPS of $0.33, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of $20.75 and a 52-week-low of $13.72. SLM closed at $14.80 at the end of the last trading period.

For ConocoPhillips COP, Capital One downgraded the previous rating of Overweight to Equal-Weight. In the fourth quarter, ConocoPhillips showed an EPS of $2.71, compared to $2.27 from the year-ago quarter. The current stock performance of ConocoPhillips shows a 52-week-high of $138.49 and a 52-week-low of $78.30. Moreover, at the end of the last trading period, the closing price was at $111.30.

According to Sidoti & Co., the prior rating for Minerals Technologies Inc MTX was changed from Buy to Neutral. For the fourth quarter, Minerals Technologies had an EPS of $0.67, compared to year-ago quarter EPS of $1.25. The current stock performance of Minerals Technologies shows a 52-week-high of $73.57 and a 52-week-low of $49.38. Moreover, at the end of the last trading period, the closing price was at $72.65.

HC Wainwright & Co. downgraded the previous rating for Vyant Bio Inc VYNT from Buy to Neutral. Vyant Bio earned $0.62 in the third quarter, compared to $0.75 in the year-ago quarter. The stock has a 52-week-high of $9.85 and a 52-week-low of $0.66. At the end of the last trading period, Vyant Bio closed at $1.03.

Northland Capital Markets downgraded the previous rating for MACOM Technology Solutions Holdings Inc MTSI from Outperform to Market Perform. For the first quarter, MACOM Technology Solns had an EPS of $0.81, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $72.64 and a 52-week-low of $42.85. At the end of the last trading period, MACOM Technology Solns closed at $66.52.

For Bill.com Holdings Inc BILL, BTIG downgraded the previous rating of Buy to Neutral. For the second quarter, Bill.com Holdings had an EPS of $0.42, compared to year-ago quarter EPS of $0.00. The stock has a 52-week-high of $262.17 and a 52-week-low of $89.87. At the end of the last trading period, Bill.com Holdings closed at $128.91.

For Bill.com Holdings Inc BILL, SMBC Nikko downgraded the previous rating of Outperform to Neutral. In the second quarter, Bill.com Holdings showed an EPS of $0.42, compared to $0.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $262.17 and a 52-week-low of $89.87. Bill.com Holdings closed at $128.91 at the end of the last trading period.

According to Longbow Research, the prior rating for Stanley Black & Decker Inc SWK was changed from Buy to Neutral. For the fourth quarter, Stanley Black & Decker had an EPS of $0.10, compared to year-ago quarter EPS of $2.14. The stock has a 52-week-high of $177.77 and a 52-week-low of $70.24. At the end of the last trading period, Stanley Black & Decker closed at $95.89.

According to Raymond James, the prior rating for Nutrien Ltd NTR was changed from Outperform to Market Perform. In the third quarter, Nutrien showed an EPS of $2.51, compared to $1.38 from the year-ago quarter. The current stock performance of Nutrien shows a 52-week-high of $117.25 and a 52-week-low of $68.82. Moreover, at the end of the last trading period, the closing price was at $84.50.

Oppenheimer downgraded the previous rating for Synaptics Inc SYNA from Outperform to Perform. For the second quarter, Synaptics had an EPS of $2.20, compared to year-ago quarter EPS of $3.26. At the moment, the stock has a 52-week-high of $239.88 and a 52-week-low of $81.13. Synaptics closed at $139.84 at the end of the last trading period.

According to Credit Suisse, the prior rating for Lightspeed Commerce Inc LSPD was changed from Outperform to Neutral. In the third quarter, Lightspeed Commerce showed an EPS of $0.00, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $35.50 and a 52-week-low of $12.71. Lightspeed Commerce closed at $17.55 at the end of the last trading period.

According to Deutsche Bank, the prior rating for Ford Motor Co F was changed from Hold to Sell. In the fourth quarter, Ford Motor showed an EPS of $0.51, compared to $0.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.05 and a 52-week-low of $10.61. Ford Motor closed at $14.32 at the end of the last trading period.

According to Guggenheim, the prior rating for Generac Holdings Inc GNRC was changed from Buy to Neutral. 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 $329.50 and a 52-week-low of $86.29. Moreover, at the end of the last trading period, the closing price was at $130.96.

For Bill.com Holdings Inc BILL, BMO Capital downgraded the previous rating of Outperform to Market Perform. In the second quarter, Bill.com Holdings showed an EPS of $0.42, compared to $0.00 from the year-ago quarter. The stock has a 52-week-high of $262.17 and a 52-week-low of $89.87. At the end of the last trading period, Bill.com Holdings closed at $128.91.

According to Loop Capital, the prior rating for Upstart Holdings Inc UPST was changed from Buy to Hold. Upstart Hldgs earned $0.24 in the third quarter, compared to $0.60 in the year-ago quarter. The stock has a 52-week-high of $161.00 and a 52-week-low of $12.01. At the end of the last trading period, Upstart Hldgs closed at $23.85.

HSBC downgraded the previous rating for Meta Platforms Inc META from Hold to Reduce. Meta Platforms earned $1.76 in the fourth quarter, compared to $3.67 in the year-ago quarter. The current stock performance of Meta Platforms shows a 52-week-high of $199.45 and a 52-week-low of $88.09. Moreover, at the end of the last trading period, the closing price was at $188.77.

Morgan Stanley downgraded the previous rating for Repare Therapeutics Inc RPTX from Overweight to Equal-Weight. In the third quarter, Repare Therapeutics showed an EPS of $1.71, compared to $0.83 from the year-ago quarter. The stock has a 52-week-high of $18.68 and a 52-week-low of $8.06. At the end of the last trading period, Repare Therapeutics closed at $13.14.

According to B of A Securities, the prior rating for Hexcel Corp HXL was changed from Buy to Neutral. For the fourth quarter, Hexcel had an EPS of $0.40, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $72.08 and a 52-week-low of $47.38. At the end of the last trading period, Hexcel closed at $71.28.

According to Morgan Stanley, the prior rating for Immuneering Corp IMRX was changed from Equal-Weight to Underweight. For the third quarter, Immuneering had an EPS of $0.49, compared to year-ago quarter EPS of $0.47. The current stock performance of Immuneering shows a 52-week-high of $16.17 and a 52-week-low of $3.74. Moreover, at the end of the last trading period, the closing price was at $4.18.

For Cognizant Technology Solutions Corp CTSH, Baird downgraded the previous rating of Outperform to Neutral. Cognizant Tech Solns earned $1.01 in the fourth quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $93.47 and a 52-week-low of $51.33. At the end of the last trading period, Cognizant Tech Solns closed at $70.66.

According to Morgan Stanley, the prior rating for Cyteir Therapeutics Inc CYT was changed from Equal-Weight to Underweight. In the third quarter, Cyteir Therapeutics showed an EPS of $0.31, compared to $0.33 from the year-ago quarter. The current stock performance of Cyteir Therapeutics shows a 52-week-high of $7.31 and a 52-week-low of $1.13. Moreover, at the end of the last trading period, the closing price was at $1.62.

For C.H. Robinson Worldwide Inc CHRW, Stifel downgraded the previous rating of Buy to Hold. For the fourth quarter, C.H. Robinson Worldwide had an EPS of $1.03, compared to year-ago quarter EPS of $1.74. At the moment, the stock has a 52-week-high of $121.23 and a 52-week-low of $86.57. C.H. Robinson Worldwide closed at $104.38 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Aptiv PLC APTV from Outperform to Peer Perform. Aptiv earned $1.27 in the fourth quarter, compared to $0.56 in the year-ago quarter. The current stock performance of Aptiv shows a 52-week-high of $147.05 and a 52-week-low of $77.96. Moreover, at the end of the last trading period, the closing price was at $118.68.

BMO Capital downgraded the previous rating for Focus Financial Partners Inc FOCS from Outperform to Market Perform. In the third quarter, Focus Finl Partners showed an EPS of $1.06, compared to $0.84 from the year-ago quarter. At the moment, the stock has a 52-week-high of $54.61 and a 52-week-low of $30.27. Focus Finl Partners closed at $50.01 at the end of the last trading period.

For Lightspeed Commerce Inc LSPD, CIBC downgraded the previous rating of Outperformer to Neutral. In the third quarter, Lightspeed Commerce showed an EPS of $0.00, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $35.50 and a 52-week-low of $12.71. At the end of the last trading period, Lightspeed Commerce closed at $17.55.

For Camden Property Trust CPT, Piper Sandler downgraded the previous rating of Overweight to Neutral. For the fourth quarter, Camden Prop Trust had an EPS of $1.74, compared to year-ago quarter EPS of $1.51. The current stock performance of Camden Prop Trust shows a 52-week-high of $175.69 and a 52-week-low of $107.90. Moreover, at the end of the last trading period, the closing price was at $126.31.

Jefferies downgraded the previous rating for Travel+Leisure Co TNL from Buy to Hold. For the third quarter, Travel+Leisure had an EPS of $1.28, compared to year-ago quarter EPS of $1.19. The current stock performance of Travel+Leisure shows a 52-week-high of $63.19 and a 52-week-low of $33.57. Moreover, at the end of the last trading period, the closing price was at $44.20.

For Hilton Grand Vacations Inc HGV, Jefferies downgraded the previous rating of Buy to Hold. In the third quarter, Hilton Grand Vacations showed an EPS of $1.24, compared to $0.90 from the year-ago quarter. The stock has a 52-week-high of $54.76 and a 52-week-low of $32.12. At the end of the last trading period, Hilton Grand Vacations closed at $49.57.

RBC Capital downgraded the previous rating for Boeing Co BA from Outperform to Sector Perform. Boeing earned $1.75 in the fourth quarter, compared to $7.69 in the year-ago quarter. The current stock performance of Boeing shows a 52-week-high of $223.23 and a 52-week-low of $113.02. Moreover, at the end of the last trading period, the closing price was at $209.34.

According to RBC Capital, the prior rating for Spirit AeroSystems Holdings Inc SPR was changed from Outperform to Sector Perform. Spirit AeroSystems Hldgs earned $0.15 in the third quarter, compared to $1.13 in the year-ago quarter. The current stock performance of Spirit AeroSystems Hldgs shows a 52-week-high of $53.31 and a 52-week-low of $21.14. Moreover, at the end of the last trading period, the closing price was at $36.06.

According to Piper Sandler, the prior rating for First Foundation Inc FFWM was changed from Overweight to Neutral. In the fourth quarter, First Foundation showed an EPS of $0.35, compared to $0.53 from the year-ago quarter. At the moment, the stock has a 52-week-high of $27.32 and a 52-week-low of $13.17. First Foundation closed at $16.42 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, Janney Montgomery Scott initiated coverage on Enphase Energy Inc ENPH. The price target seems to have been set at $238.00 for Enphase Energy. In the third quarter, Enphase Energy showed an EPS of $1.25, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $339.92 and a 52-week-low of $118.57. At the end of the last trading period, Enphase Energy closed at $227.70.

Goldman Sachs initiated coverage on Privia Health Group Inc PRVA with a Buy rating. The price target for Privia Health Group is set to $32.00. In the third quarter, Privia Health Group showed an EPS of $0.13, compared to $0.13 from the year-ago quarter. The stock has a 52-week-high of $44.64 and a 52-week-low of $17.99. At the end of the last trading period, Privia Health Group closed at $27.70.

B of A Securities initiated coverage on Herbalife Nutrition Ltd HLF with an Underperform rating. The price target for Herbalife Nutrition is set to $14.00. In the third quarter, Herbalife Nutrition showed an EPS of $0.91, compared to $1.21 from the year-ago quarter. The stock has a 52-week-high of $44.18 and a 52-week-low of $12.04. At the end of the last trading period, Herbalife Nutrition closed at $18.30.

DA Davidson initiated coverage on C3.ai Inc AI with a Buy rating. The price target for C3.ai is set to $30.00. C3.ai earned $0.11 in the second quarter, compared to $0.23 in the year-ago quarter. The current stock performance of C3.ai shows a 52-week-high of $27.62 and a 52-week-low of $10.16. Moreover, at the end of the last trading period, the closing price was at $21.92.

For Day One Biopharmaceuticals Inc DAWN, Oppenheimer initiated coverage, by setting the current rating at Perform. In the third quarter, Day One Biopharmaceutical showed an EPS of $0.53, compared to $0.33 from the year-ago quarter. The stock has a 52-week-high of $28.35 and a 52-week-low of $5.44. At the end of the last trading period, Day One Biopharmaceutical closed at $21.75.

Oppenheimer initiated coverage on Tyra Biosciences Inc TYRA with an Outperform rating. The price target for Tyra Biosciences is set to $17.00. Tyra Biosciences earned $0.30 in the third quarter, compared to $0.72 in the year-ago quarter. The stock has a 52-week-high of $14.61 and a 52-week-low of $4.93. At the end of the last trading period, Tyra Biosciences closed at $13.30.

Oppenheimer initiated coverage on Relay Therapeutics Inc RLAY with an Outperform rating. The price target for Relay Therapeutics is set to $33.00. Relay Therapeutics earned $0.76 in the third quarter, compared to $0.66 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.36 and a 52-week-low of $12.65. Relay Therapeutics closed at $22.76 at the end of the last trading period.

Piper Sandler initiated coverage on Agios Pharmaceuticals Inc AGIO with an Overweight rating. The price target for Agios Pharmaceuticals is set to $41.00. Agios Pharmaceuticals earned $1.49 in the third quarter, compared to $1.56 in the year-ago quarter. The current stock performance of Agios Pharmaceuticals shows a 52-week-high of $34.76 and a 52-week-low of $16.75. Moreover, at the end of the last trading period, the closing price was at $30.18.

See all analyst ratings initiations.