Benzinga's Top Ratings Upgrades, Downgrades For February 8, 2023

Upgrades

According to Morgan Stanley, the prior rating for Omnicom Group Inc OMC was changed from Underweight to Equal-Weight. For the fourth quarter, Omnicom Group had an EPS of $2.09, compared to year-ago quarter EPS of $1.95. The stock has a 52-week-high of $92.72 and a 52-week-low of $61.31. At the end of the last trading period, Omnicom Group closed at $90.92.

According to B of A Securities, the prior rating for TripAdvisor Inc TRIP was changed from Underperform to Buy. In the third quarter, TripAdvisor showed an EPS of $0.28, compared to $0.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.48 and a 52-week-low of $16.87. TripAdvisor closed at $24.17 at the end of the last trading period.

According to B of A Securities, the prior rating for Royal Caribbean Group RCL was changed from Underperform to Neutral. For the fourth quarter, Royal Caribbean Gr had an EPS of $1.12, compared to year-ago quarter EPS of $4.78. The stock has a 52-week-high of $90.55 and a 52-week-low of $31.09. At the end of the last trading period, Royal Caribbean Gr closed at $74.01.

Compass Point upgraded the previous rating for Stronghold Digital Mining Inc SDIG from Neutral to Buy. In the third quarter, Stronghold Digital Mining showed an EPS of $0.07, compared to $0.72 from the year-ago quarter. The current stock performance of Stronghold Digital Mining shows a 52-week-high of $14.43 and a 52-week-low of $0.40. Moreover, at the end of the last trading period, the closing price was at $0.62.

According to Redburn Partners, the prior rating for United Airlines Holdings Inc UAL was changed from Sell to Neutral. United Airlines Holdings earned $2.46 in the fourth quarter, compared to $1.60 in the year-ago quarter. The stock has a 52-week-high of $53.26 and a 52-week-low of $30.54. At the end of the last trading period, United Airlines Holdings closed at $50.75.

According to Redburn Partners, the prior rating for American Airlines Group Inc AAL was changed from Neutral to Buy. For the fourth quarter, American Airlines Group had an EPS of $1.17, compared to year-ago quarter EPS of $1.42. The current stock performance of American Airlines Group shows a 52-week-high of $21.42 and a 52-week-low of $11.65. Moreover, at the end of the last trading period, the closing price was at $16.96.

For Delta Air Lines Inc DAL, Redburn Partners upgraded the previous rating of Neutral to Buy. Delta Air Lines earned $1.48 in the fourth quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.27 and a 52-week-low of $27.20. Delta Air Lines closed at $39.59 at the end of the last trading period.

According to Keefe, Bruyette & Woods, the prior rating for Enact Holdings Inc ACT was changed from Market Perform to Outperform. For the fourth quarter, Enact Holdings had an EPS of $0.90, compared to year-ago quarter EPS of $0.94. At the moment, the stock has a 52-week-high of $28.37 and a 52-week-low of $19.21. Enact Holdings closed at $23.02 at the end of the last trading period.

Morgan Stanley upgraded the previous rating for American Express Co AXP from Equal-Weight to Overweight. For the fourth quarter, American Express had an EPS of $2.07, compared to year-ago quarter EPS of $2.18. The current stock performance of American Express shows a 52-week-high of $199.55 and a 52-week-low of $130.65. Moreover, at the end of the last trading period, the closing price was at $178.70.

See all analyst ratings upgrades.

Downgrades

For Oak Street Health Inc OSH, Piper Sandler downgraded the previous rating of Overweight to Neutral. In the third quarter, Oak Street Health showed an EPS of $0.56, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.63 and a 52-week-low of $13.29. Oak Street Health closed at $33.68 at the end of the last trading period.

For Oak Street Health Inc OSH, Evercore ISI Group downgraded the previous rating of Outperform to In-Line. For the third quarter, Oak Street Health had an EPS of $0.56, compared to year-ago quarter EPS of $0.49. The stock has a 52-week-high of $34.63 and a 52-week-low of $13.29. At the end of the last trading period, Oak Street Health closed at $33.68.

According to Jefferies, the prior rating for Applied Molecular Transport Inc AMTI was changed from Hold to Underperform. In the third quarter, Applied Molecular showed an EPS of $0.65, compared to $0.68 from the year-ago quarter. The current stock performance of Applied Molecular shows a 52-week-high of $8.76 and a 52-week-low of $0.33. Moreover, at the end of the last trading period, the closing price was at $0.60.

Jefferies downgraded the previous rating for Avalo Therapeutics Inc AVTX from Hold to Underperform. In the third quarter, Avalo Therapeutics showed an EPS of $0.34, compared to $2.08 from the year-ago quarter. The stock has a 52-week-high of $7.13 and a 52-week-low of $0.20. At the end of the last trading period, Avalo Therapeutics closed at $3.46.

Jefferies downgraded the previous rating for Compugen Ltd CGEN from Hold to Underperform. Compugen earned $0.14 in the third quarter, compared to $0.07 in the year-ago quarter. The current stock performance of Compugen shows a 52-week-high of $3.57 and a 52-week-low of $0.51. Moreover, at the end of the last trading period, the closing price was at $0.94.

For Lumen Technologies Inc LUMN, Citigroup downgraded the previous rating of Neutral to Sell. Lumen Technologies earned $0.43 in the fourth quarter, compared to $0.51 in the year-ago quarter. The current stock performance of Lumen Technologies shows a 52-week-high of $12.87 and a 52-week-low of $4.96. Moreover, at the end of the last trading period, the closing price was at $4.99.

For Fortinet Inc FTNT, Keybanc downgraded the previous rating of Overweight to Sector Weight. Fortinet earned $0.44 in the fourth quarter, compared to $0.25 in the year-ago quarter. The current stock performance of Fortinet shows a 52-week-high of $357.58 and a 52-week-low of $42.61. Moreover, at the end of the last trading period, the closing price was at $53.78.

Stifel downgraded the previous rating for Oak Street Health Inc OSH from Buy to Hold. Oak Street Health earned $0.56 in the third quarter, compared to $0.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.63 and a 52-week-low of $13.29. Oak Street Health closed at $33.68 at the end of the last trading period.

DA Davidson downgraded the previous rating for Duck Creek Technologies Inc DCT from Buy to Neutral. In the first quarter, Duck Creek Technologies showed an EPS of $0.02, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $26.28 and a 52-week-low of $10.04. Duck Creek Technologies closed at $18.89 at the end of the last trading period.

Scotiabank downgraded the previous rating for Black Hills Corp BKH from Sector Outperform to Sector Perform. For the fourth quarter, Black Hills had an EPS of $1.11, compared to year-ago quarter EPS of $1.11. At the moment, the stock has a 52-week-high of $80.95 and a 52-week-low of $59.08. Black Hills closed at $71.02 at the end of the last trading period.

TD Securities downgraded the previous rating for Nutrien Ltd NTR from Buy to Hold. For the third quarter, Nutrien had an EPS of $2.51, compared to year-ago quarter EPS of $1.38. 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 $81.20.

For The Hain Celestial Group Inc HAIN, JP Morgan downgraded the previous rating of Overweight to Neutral. In the second quarter, Hain Celestial Group showed an EPS of $0.20, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.55 and a 52-week-low of $15.20. Hain Celestial Group closed at $21.20 at the end of the last trading period.

According to Redburn Partners, the prior rating for Southwest Airlines Co LUV was changed from Buy to Neutral. For the fourth quarter, Southwest Airlines had an EPS of $0.38, compared to year-ago quarter EPS of $0.14. The current stock performance of Southwest Airlines shows a 52-week-high of $50.10 and a 52-week-low of $30.20. Moreover, at the end of the last trading period, the closing price was at $36.19.

JP Morgan downgraded the previous rating for Adecoagro SA AGRO from Overweight to Neutral. 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 $8.07 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for Discover Financial Services DFS from Overweight to Equal-Weight. For the fourth quarter, Discover Financial had an EPS of $3.77, compared to year-ago quarter EPS of $3.64. The stock has a 52-week-high of $129.12 and a 52-week-low of $87.64. At the end of the last trading period, Discover Financial closed at $117.83.

According to Piper Sandler, the prior rating for The Hain Celestial Group Inc HAIN was changed from Neutral to Underweight. In the second quarter, Hain Celestial Group showed an EPS of $0.20, compared to $0.36 from the year-ago quarter. The stock has a 52-week-high of $37.55 and a 52-week-low of $15.20. At the end of the last trading period, Hain Celestial Group closed at $21.20.

For Life Storage Inc LSI, Citigroup downgraded the previous rating of Buy to Neutral. Life Storage earned $1.73 in the third quarter, compared to $1.37 in the year-ago quarter. The stock has a 52-week-high of $151.76 and a 52-week-low of $94.02. At the end of the last trading period, Life Storage closed at $121.80.

According to Jefferies, the prior rating for UroGen Pharma Ltd URGN was changed from Buy to Hold. UroGen Pharma earned $1.13 in the third quarter, compared to $1.35 in the year-ago quarter. The current stock performance of UroGen Pharma shows a 52-week-high of $12.63 and a 52-week-low of $4.85. Moreover, at the end of the last trading period, the closing price was at $9.57.

According to Jefferies, the prior rating for MEI Pharma Inc MEIP was changed from Hold to Underperform. For the first quarter, MEI Pharma had an EPS of $0.13, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $2.21 and a 52-week-low of $0.21. MEI Pharma closed at $0.35 at the end of the last trading period.

According to LightShed Partners, the prior rating for AT&T Inc T was changed from Buy to Neutral. In the fourth quarter, AT&T showed an EPS of $0.61, compared to $0.78 from the year-ago quarter. The current stock performance of AT&T shows a 52-week-high of $24.65 and a 52-week-low of $14.46. Moreover, at the end of the last trading period, the closing price was at $19.25.

According to Keybanc, the prior rating for Sherwin-Williams Co SHW was changed from Overweight to Sector Weight. Sherwin-Williams earned $1.89 in the fourth quarter, compared to $1.34 in the year-ago quarter. The stock has a 52-week-high of $288.50 and a 52-week-low of $195.24. At the end of the last trading period, Sherwin-Williams closed at $238.44.

See all analyst ratings downgrades.

Initiations

With an Overweight rating, Capital One initiated coverage on Day One Biopharmaceuticals Inc DAWN. The price target seems to have been set at $40.00 for Day One Biopharmaceutical. Day One Biopharmaceutical earned $0.53 in the third quarter, compared to $0.33 in the year-ago quarter. The current stock performance of Day One Biopharmaceutical shows a 52-week-high of $28.35 and a 52-week-low of $5.44. Moreover, at the end of the last trading period, the closing price was at $20.91.

With an Outperform rating, Barrington Research initiated coverage on Alithya Group Inc ALYA. The price target seems to have been set at $3.50 for Alithya Group. In the second quarter, Alithya Group showed an EPS of $0.00, compared to $0.02 from the year-ago quarter. The current stock performance of Alithya Group shows a 52-week-high of $3.09 and a 52-week-low of $1.43. Moreover, at the end of the last trading period, the closing price was at $1.75.

With an Outperform rating, Barrington Research initiated coverage on Alithya Group Inc ALYA. The price target seems to have been set at $3.50 for Alithya Group. For the second quarter, Alithya Group had an EPS of $0.00, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $3.09 and a 52-week-low of $1.43. At the end of the last trading period, Alithya Group closed at $1.75.

Northland Capital Markets initiated coverage on Vertex Energy Inc VTNR with an Outperform rating. The price target for Vertex Energy is set to $15.00. In the third quarter, Vertex Energy showed an EPS of $0.28, compared to $0.11 from the year-ago quarter. The current stock performance of Vertex Energy shows a 52-week-high of $18.10 and a 52-week-low of $4.72. Moreover, at the end of the last trading period, the closing price was at $7.55.

Cantor Fitzgerald initiated coverage on Evolv Technologies Holdings Inc EVLV with an Overweight rating. The price target for Evolv Technologies is set to $5.40. For the third quarter, Evolv Technologies had an EPS of $0.13, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $4.04 and a 52-week-low of $1.57. Evolv Technologies closed at $3.18 at the end of the last trading period.

For WillScot Mobile Mini Holdings Corp WSC, William Blair initiated coverage, by setting the current rating at Outperform. WillScot Mobile Mini earned $0.39 in the third quarter, compared to $0.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.97 and a 52-week-low of $30.52. WillScot Mobile Mini closed at $49.92 at the end of the last trading period.

Barclays initiated coverage on Wayfair Inc W with a Equal-Weight rating. The price target for Wayfair is set to $70.00. In the third quarter, Wayfair showed an EPS of $2.11, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $156.04 and a 52-week-low of $28.11. Wayfair closed at $63.53 at the end of the last trading period.

Raymond James initiated coverage on Equitable Holdings Inc EQH with a Market Perform rating. The current stock performance of Equitable Holdings shows a 52-week-high of $37.13 and a 52-week-low of $24.61. Moreover, at the end of the last trading period, the closing price was at $32.47.

Raymond James initiated coverage on Brighthouse Financial Inc BHF with a Market Perform rating. Brighthouse Finl earned $0.04 in the third quarter, compared to $6.17 in the year-ago quarter. The stock has a 52-week-high of $62.33 and a 52-week-low of $38.38. At the end of the last trading period, Brighthouse Finl closed at $57.67.

With a Buy rating, HC Wainwright & Co. initiated coverage on Nouveau Monde Graphite Inc NMG. The price target seems to have been set at $17.00 for Nouveau Monde Graphite. For the third quarter, Nouveau Monde Graphite had an EPS of $0.18, compared to year-ago quarter EPS of $0.19. The current stock performance of Nouveau Monde Graphite shows a 52-week-high of $7.76 and a 52-week-low of $3.38. Moreover, at the end of the last trading period, the closing price was at $5.46.

With a Equal-Weight rating, Barclays initiated coverage on Best Buy Co Inc BBY. The price target seems to have been set at $88.00 for Best Buy Co. Best Buy Co earned $1.38 in the third quarter, compared to $2.08 in the year-ago quarter. The stock has a 52-week-high of $112.96 and a 52-week-low of $60.78. At the end of the last trading period, Best Buy Co closed at $87.79.

Citigroup initiated coverage on Chesapeake Energy Corp CHK with a Neutral rating. The price target for Chesapeake Energy is set to $90.00. Chesapeake Energy earned $5.06 in the third quarter, compared to $2.38 in the year-ago quarter. The stock has a 52-week-high of $107.31 and a 52-week-low of $64.51. At the end of the last trading period, Chesapeake Energy closed at $85.09.

With an Underweight rating, Barclays initiated coverage on Advance Auto Parts Inc AAP. The price target seems to have been set at $145.00 for Advance Auto Parts. Advance Auto Parts earned $2.84 in the third quarter, compared to $3.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $234.23 and a 52-week-low of $138.52. Advance Auto Parts closed at $151.47 at the end of the last trading period.

Barclays initiated coverage on Walmart Inc WMT with an Overweight rating. The price target for Walmart is set to $159.00. Walmart earned $1.50 in the third quarter, compared to $1.45 in the year-ago quarter. The stock has a 52-week-high of $160.77 and a 52-week-low of $117.27. At the end of the last trading period, Walmart closed at $140.98.

Barclays initiated coverage on AutoZone Inc AZO with an Overweight rating. The price target for AutoZone is set to $2663.00. AutoZone earned $27.45 in the first quarter, compared to $25.69 in the year-ago quarter. The stock has a 52-week-high of $2610.05 and a 52-week-low of $1703.32. At the end of the last trading period, AutoZone closed at $2419.81.

With a Equal-Weight rating, Barclays initiated coverage on BJ's Wholesale Club Holdings Inc BJ. The price target seems to have been set at $72.00 for BJ's Wholesale Club. BJ's Wholesale Club earned $0.99 in the third quarter, compared to $0.91 in the year-ago quarter. The stock has a 52-week-high of $80.41 and a 52-week-low of $51.45. At the end of the last trading period, BJ's Wholesale Club closed at $73.08.

With an Overweight rating, Barclays initiated coverage on Tractor Supply Co TSCO. The price target seems to have been set at $254.00 for Tractor Supply. In the fourth quarter, Tractor Supply showed an EPS of $2.43, compared to $1.93 from the year-ago quarter. The stock has a 52-week-high of $241.54 and a 52-week-low of $166.49. At the end of the last trading period, Tractor Supply closed at $232.73.

Barclays initiated coverage on Costco Wholesale Corp COST with a Equal-Weight rating. The price target for Costco Wholesale is set to $510.00. Costco Wholesale earned $3.10 in the first quarter, compared to $2.97 in the year-ago quarter. The stock has a 52-week-high of $612.27 and a 52-week-low of $406.51. At the end of the last trading period, Costco Wholesale closed at $516.53.

With a Equal-Weight rating, Barclays initiated coverage on Target Corp TGT. The price target seems to have been set at $163.00 for Target. Target earned $1.54 in the third quarter, compared to $3.03 in the year-ago quarter. The current stock performance of Target shows a 52-week-high of $254.87 and a 52-week-low of $137.16. Moreover, at the end of the last trading period, the closing price was at $174.76.

With a Equal-Weight rating, Barclays initiated coverage on Overstock.com Inc OSTK. The price target seems to have been set at $23.00 for Overstock.com. Overstock.com earned $0.13 in the third quarter, compared to $0.54 in the year-ago quarter. At the moment, the stock has a 52-week-high of $59.46 and a 52-week-low of $17.05. Overstock.com closed at $23.14 at the end of the last trading period.

With a Equal-Weight rating, Barclays initiated coverage on Dollar General Corp DG. The price target seems to have been set at $237.00 for Dollar Gen. For the third quarter, Dollar Gen had an EPS of $2.33, compared to year-ago quarter EPS of $2.08. The stock has a 52-week-high of $262.20 and a 52-week-low of $183.25. At the end of the last trading period, Dollar Gen closed at $228.39.

Barclays initiated coverage on O'Reilly Automotive Inc ORLY with a Equal-Weight rating. The price target for O'Reilly Automotive is set to $815.00. The stock has a 52-week-high of $870.92 and a 52-week-low of $562.90. At the end of the last trading period, O'Reilly Automotive closed at $801.02.

Barclays initiated coverage on Dollar Tree Inc DLTR with a Equal-Weight rating. The price target for Dollar Tree is set to $145.00. In the third quarter, Dollar Tree showed an EPS of $1.20, compared to $0.96 from the year-ago quarter. The stock has a 52-week-high of $177.19 and a 52-week-low of $124.76. At the end of the last trading period, Dollar Tree closed at $150.37.

Barclays initiated coverage on Lowe's Companies Inc LOW with a Equal-Weight rating. The price target for Lowe's Companies is set to $215.00. In the third quarter, Lowe's Companies showed an EPS of $3.27, compared to $2.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $238.37 and a 52-week-low of $170.12. Lowe's Companies closed at $214.73 at the end of the last trading period.

With an Overweight rating, Barclays initiated coverage on Driven Brands Holdings Inc DRVN. The price target seems to have been set at $35.00 for Driven Brands Hldgs. In the third quarter, Driven Brands Hldgs showed an EPS of $0.32, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $35.45 and a 52-week-low of $24.62. At the end of the last trading period, Driven Brands Hldgs closed at $28.73.

Barclays initiated coverage on Five Below Inc FIVE with an Overweight rating. The price target for Five Below is set to $219.00. For the third quarter, Five Below had an EPS of $0.29, compared to year-ago quarter EPS of $0.43. At the moment, the stock has a 52-week-high of $202.94 and a 52-week-low of $109.49. Five Below closed at $198.32 at the end of the last trading period.

With an Underweight rating, Barclays initiated coverage on Floor & Decor Holdings Inc FND. The price target seems to have been set at $88.00 for Floor & Decor Hldgs. In the third quarter, Floor & Decor Hldgs showed an EPS of $0.70, compared to $0.60 from the year-ago quarter. The current stock performance of Floor & Decor Hldgs shows a 52-week-high of $112.79 and a 52-week-low of $59.91. Moreover, at the end of the last trading period, the closing price was at $100.85.

With an Outperform rating, Credit Suisse initiated coverage on United Rentals Inc URI. The price target seems to have been set at $544.00 for United Rentals. United Rentals earned $9.74 in the fourth quarter, compared to $7.39 in the year-ago quarter. The current stock performance of United Rentals shows a 52-week-high of $466.01 and a 52-week-low of $230.54. Moreover, at the end of the last trading period, the closing price was at $455.90.

See all analyst ratings initiations.