Benzinga's Top Ratings Upgrades, Downgrades For February 7, 2023

Upgrades

According to Raymond James, the prior rating for Kemper Corp KMPR was changed from Outperform to Strong Buy. In the fourth quarter, Kemper showed an EPS of $0.41, compared to $2.05 from the year-ago quarter. The stock has a 52-week-high of $62.74 and a 52-week-low of $40.65. At the end of the last trading period, Kemper closed at $61.88.

For Cipher Mining Inc CIFR, HC Wainwright & Co. upgraded the previous rating of Neutral to Buy. For the third quarter, Cipher Mining had an EPS of $0.06, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $3.94 and a 52-week-low of $0.38. At the end of the last trading period, Cipher Mining closed at $1.82.

According to Daiwa Capital, the prior rating for Pfizer Inc PFE was changed from Neutral to Outperform. For the fourth quarter, Pfizer had an EPS of $1.14, compared to year-ago quarter EPS of $1.08. The stock has a 52-week-high of $56.32 and a 52-week-low of $41.45. At the end of the last trading period, Pfizer closed at $43.76.

According to Credit Suisse, the prior rating for Lockheed Martin Corp LMT was changed from Underperform to Outperform. Lockheed Martin earned $7.79 in the fourth quarter, compared to $7.47 in the year-ago quarter. The current stock performance of Lockheed Martin shows a 52-week-high of $498.95 and a 52-week-low of $373.67. Moreover, at the end of the last trading period, the closing price was at $469.10.

See all analyst ratings upgrades.

Downgrades

According to B of A Securities, the prior rating for Niu Technologies NIU was changed from Buy to Neutral. For the third quarter, Niu Technologies had an EPS of $0.01, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $14.34 and a 52-week-low of $2.57. At the end of the last trading period, Niu Technologies closed at $5.08.

Odeon Capital downgraded the previous rating for Bed Bath & Beyond Inc BBBY from Hold to Sell. For the third quarter, Bed Bath & Beyond had an EPS of $3.65, compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of $30.06 and a 52-week-low of $1.27. At the end of the last trading period, Bed Bath & Beyond closed at $5.86.

For Equifax Inc EFX, Raymond James downgraded the previous rating of Strong Buy to Outperform. For the third quarter, Equifax had an EPS of $1.73, compared to year-ago quarter EPS of $1.85. The current stock performance of Equifax shows a 52-week-high of $243.79 and a 52-week-low of $145.98. Moreover, at the end of the last trading period, the closing price was at $222.21.

For Plains All American Pipeline LP PAA, Bernstein downgraded the previous rating of Outperform to Market Perform. In the third quarter, Plains All American showed an EPS of $0.33, compared to $0.22 from the year-ago quarter. The current stock performance of Plains All American shows a 52-week-high of $13.09 and a 52-week-low of $9.10. Moreover, at the end of the last trading period, the closing price was at $12.62.

According to JP Morgan, the prior rating for SJW Group SJW was changed from Overweight to Neutral. In the third quarter, SJW Gr showed an EPS of $0.82, compared to $0.64 from the year-ago quarter. The stock has a 52-week-high of $83.88 and a 52-week-low of $55.73. At the end of the last trading period, SJW Gr closed at $80.00.

Wolfe Research downgraded the previous rating for Silk Road Medical Inc SILK from Outperform to Peer Perform. In the third quarter, Silk Road Medical showed an EPS of $0.29, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $58.04 and a 52-week-low of $27.21. Silk Road Medical closed at $52.27 at the end of the last trading period.

For ZoomInfo Technologies Inc ZI, UBS downgraded the previous rating of Buy to Neutral. In the fourth quarter, ZoomInfo Technologies showed an EPS of $0.26, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $61.44 and a 52-week-low of $23.29. At the end of the last trading period, ZoomInfo Technologies closed at $28.72.

Cowen & Co. downgraded the previous rating for Sweetgreen Inc SG from Outperform to Market Perform. Sweetgreen earned $0.33 in the third quarter, compared to $1.58 in the year-ago quarter. The current stock performance of Sweetgreen shows a 52-week-high of $40.10 and a 52-week-low of $7.81. Moreover, at the end of the last trading period, the closing price was at $11.02.

Telsey Advisory Group downgraded the previous rating for Children's Place Inc PLCE from Outperform to Market Perform. In the third quarter, Children's Place showed an EPS of $3.33, compared to $5.43 from the year-ago quarter. The stock has a 52-week-high of $74.10 and a 52-week-low of $29.20. At the end of the last trading period, Children's Place closed at $44.75.

Telsey Advisory Group downgraded the previous rating for Holley Inc HLLY from Outperform to Market Perform. Holley earned $0.04 in the third quarter, compared to $0.12 in the year-ago quarter. The current stock performance of Holley shows a 52-week-high of $14.68 and a 52-week-low of $1.88. Moreover, at the end of the last trading period, the closing price was at $3.42.

For Adecoagro SA AGRO, Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. Adecoagro earned $0.43 in the third quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $13.55 and a 52-week-low of $6.95. Adecoagro closed at $8.17 at the end of the last trading period.

Raymond James downgraded the previous rating for Telefonaktiebolaget L M Ericsson ERIC from Outperform to Market Perform. Telefonaktiebolaget L M earned $0.20 in the fourth quarter, compared to $0.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.78 and a 52-week-low of $5.16. Telefonaktiebolaget L M closed at $5.73 at the end of the last trading period.

For Tyson Foods Inc TSN, Goldman Sachs downgraded the previous rating of Buy to Neutral. In the first quarter, Tyson Foods showed an EPS of $0.85, compared to $2.87 from the year-ago quarter. The stock has a 52-week-high of $100.72 and a 52-week-low of $59.38. At the end of the last trading period, Tyson Foods closed at $61.08.

Piper Sandler downgraded the previous rating for PennyMac Mortgage Investment Trust PMT from Overweight to Neutral. For the fourth quarter, PennyMac Mortgage had an EPS of $0.07, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $17.24 and a 52-week-low of $10.78. PennyMac Mortgage closed at $14.23 at the end of the last trading period.

According to Stifel, the prior rating for Spire Inc SR was changed from Buy to Hold. Spire earned $1.55 in the first quarter, compared to $1.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $79.24 and a 52-week-low of $61.52. Spire closed at $75.21 at the end of the last trading period.

Keybanc downgraded the previous rating for Chegg Inc CHGG from Overweight to Sector Weight. Chegg earned $0.40 in the fourth quarter, compared to $0.38 in the year-ago quarter. The current stock performance of Chegg shows a 52-week-high of $37.64 and a 52-week-low of $15.66. Moreover, at the end of the last trading period, the closing price was at $21.03.

See all analyst ratings downgrades.

Initiations

With an Overweight rating, Wells Fargo initiated coverage on iRhythm Technologies Inc IRTC. The price target seems to have been set at $150.00 for iRhythm Technologies. For the third quarter, iRhythm Technologies had an EPS of $0.63, compared to year-ago quarter EPS of $0.81. The current stock performance of iRhythm Technologies shows a 52-week-high of $169.54 and a 52-week-low of $85.74. Moreover, at the end of the last trading period, the closing price was at $105.64.

With a Buy rating, UBS initiated coverage on Terns Pharmaceuticals Inc TERN. The price target seems to have been set at $19.00 for Terns Pharma. For the third quarter, Terns Pharma had an EPS of $0.44, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $10.67 and a 52-week-low of $1.45. At the end of the last trading period, Terns Pharma closed at $9.80.

Zelman & Assoc initiated coverage on Beacon Roofing Supply Inc BECN with a Hold rating. For the fourth quarter, Beacon Roofing Supply had an EPS of $2.63, compared to year-ago quarter EPS of $1.78. The stock has a 52-week-high of $65.30 and a 52-week-low of $45.71. At the end of the last trading period, Beacon Roofing Supply closed at $59.86.

Raymond James initiated coverage on Skyward Specialty Insurance Group Inc SKWD with a Strong Buy rating. The price target for Skyward Specialty is set to $22.00. The stock has a 52-week-high of $19.85 and a 52-week-low of $17.50. At the end of the last trading period, Skyward Specialty closed at $19.25.

JMP Securities initiated coverage on Skyward Specialty Insurance Group Inc SKWD with a Market Outperform rating. The price target for Skyward Specialty is set to $25.00. At the moment, the stock has a 52-week-high of $19.85 and a 52-week-low of $17.50. Skyward Specialty closed at $19.25 at the end of the last trading period.

With a Buy rating, Chardan Capital initiated coverage on Orchestra BioMed Holdings Inc OBIO. The price target seems to have been set at $20.00 for Orchestra BioMed Hldgs. The stock has a 52-week-high of $12.43 and a 52-week-low of $7.49. At the end of the last trading period, Orchestra BioMed Hldgs closed at $8.72.

With a Buy rating, Truist Securities initiated coverage on Skyward Specialty Insurance Group Inc SKWD. The price target seems to have been set at $26.00 for Skyward Specialty. The stock has a 52-week-high of $19.85 and a 52-week-low of $17.50. At the end of the last trading period, Skyward Specialty closed at $19.25.

With an Outperform rating, Keefe, Bruyette & Woods initiated coverage on Skyward Specialty Insurance Group Inc SKWD. The price target seems to have been set at $24.00 for Skyward Specialty. The stock has a 52-week-high of $19.85 and a 52-week-low of $17.50. At the end of the last trading period, Skyward Specialty closed at $19.25.

Piper Sandler initiated coverage on Skyward Specialty Insurance Group Inc SKWD with an Overweight rating. The price target for Skyward Specialty is set to $23.00. The current stock performance of Skyward Specialty shows a 52-week-high of $19.85 and a 52-week-low of $17.50. Moreover, at the end of the last trading period, the closing price was at $19.25.

With a Buy rating, BTIG initiated coverage on Foot Locker Inc FL. The price target seems to have been set at $55.00 for Foot Locker. For the third quarter, Foot Locker had an EPS of $1.27, compared to year-ago quarter EPS of $1.93. At the moment, the stock has a 52-week-high of $47.22 and a 52-week-low of $23.85. Foot Locker closed at $45.61 at the end of the last trading period.

With a Buy rating, BTIG initiated coverage on Boot Barn Holdings Inc BOOT. The price target seems to have been set at $110.00 for Boot Barn Holdings. Boot Barn Holdings earned $1.74 in the third quarter, compared to $2.23 in the year-ago quarter. The current stock performance of Boot Barn Holdings shows a 52-week-high of $105.66 and a 52-week-low of $50.20. Moreover, at the end of the last trading period, the closing price was at $84.52.

BTIG initiated coverage on Rocky Brands Inc RCKY with a Neutral rating. Rocky Brands earned $0.74 in the third quarter, compared to $0.34 in the year-ago quarter. At the moment, the stock has a 52-week-high of $48.91 and a 52-week-low of $18.00. Rocky Brands closed at $30.42 at the end of the last trading period.

BTIG initiated coverage on Duluth Holdings Inc DLTH with a Neutral rating. Duluth Holdings earned $0.19 in the third quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.30 and a 52-week-low of $5.64. Duluth Holdings closed at $6.83 at the end of the last trading period.

BTIG initiated coverage on Lulus Fashion Lounge Holdings Inc LVLU with a Buy rating. The price target for Lulus Fashion Lounge is set to $5.00. For the third quarter, Lulus Fashion Lounge had an EPS of $0.02, compared to year-ago quarter EPS of $0.13. The stock has a 52-week-high of $21.29 and a 52-week-low of $2.16. At the end of the last trading period, Lulus Fashion Lounge closed at $3.72.

For Allbirds Inc BIRD, BTIG initiated coverage, by setting the current rating at Neutral. In the third quarter, Allbirds showed an EPS of $0.15, compared to $0.25 from the year-ago quarter. The current stock performance of Allbirds shows a 52-week-high of $12.45 and a 52-week-low of $2.14. Moreover, at the end of the last trading period, the closing price was at $3.05.

BTIG initiated coverage on Warby Parker Inc WRBY with a Neutral rating. In the third quarter, Warby Parker showed an EPS of $0.01, compared to $0.03 from the year-ago quarter. The current stock performance of Warby Parker shows a 52-week-high of $36.57 and a 52-week-low of $10.86. Moreover, at the end of the last trading period, the closing price was at $16.24.

With an Overweight rating, Stephens & Co. initiated coverage on 908 Devices Inc MASS. The price target seems to have been set at $14.00 for 908 Devices. 908 Devices earned $0.20 in the third quarter, compared to $0.19 in the year-ago quarter. The current stock performance of 908 Devices shows a 52-week-high of $26.00 and a 52-week-low of $6.87. Moreover, at the end of the last trading period, the closing price was at $9.97.

With a Hold rating, Loop Capital initiated coverage on Cloudflare Inc NET. The price target seems to have been set at $52.00 for Cloudflare. For the third quarter, Cloudflare had an EPS of $0.06, compared to year-ago quarter EPS of $0.00. The current stock performance of Cloudflare shows a 52-week-high of $132.45 and a 52-week-low of $37.37. Moreover, at the end of the last trading period, the closing price was at $56.65.

Loop Capital initiated coverage on Fortinet Inc FTNT with a Buy rating. The price target for Fortinet is set to $66.00. The stock has a 52-week-high of $357.58 and a 52-week-low of $42.61. At the end of the last trading period, Fortinet closed at $51.99.

With a Hold rating, Loop Capital initiated coverage on Akamai Technologies Inc AKAM. The price target seems to have been set at $91.00 for Akamai Technologies. Akamai Technologies earned $1.26 in the third quarter, compared to $1.45 in the year-ago quarter. The current stock performance of Akamai Technologies shows a 52-week-high of $123.25 and a 52-week-low of $76.28. Moreover, at the end of the last trading period, the closing price was at $87.49.

See all analyst ratings initiations.