Benzinga's Top Ratings Upgrades, Downgrades For February 27, 2023

Upgrades

According to Tudor Pickering, the prior rating for Pioneer Natural Resources Co PXD was changed from Hold to Buy. For the fourth quarter, Pioneer Natural Resources had an EPS of $5.91, compared to year-ago quarter EPS of $4.58. At the moment, the stock has a 52-week-high of $288.46 and a 52-week-low of $190.99. Pioneer Natural Resources closed at $196.57 at the end of the last trading period.

Janney Montgomery Scott upgraded the previous rating for Enphase Energy Inc ENPH from Neutral to Buy. In the fourth quarter, Enphase Energy showed an EPS of $1.51, compared to $0.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $339.92 and a 52-week-low of $118.57. Enphase Energy closed at $198.96 at the end of the last trading period.

For Frontier Communications Parent Inc FYBR, Raymond James upgraded the previous rating of Outperform to Strong Buy. Frontier Communications earned $0.63 in the fourth quarter, compared to $0.77 in the year-ago quarter. The current stock performance of Frontier Communications shows a 52-week-high of $30.83 and a 52-week-low of $20.82. Moreover, at the end of the last trading period, the closing price was at $26.30.

Raymond James upgraded the previous rating for Dyne Therapeutics Inc DYN from Outperform to Strong Buy. For the third quarter, Dyne Therapeutics had an EPS of $0.80, compared to year-ago quarter EPS of $0.83. At the moment, the stock has a 52-week-high of $15.63 and a 52-week-low of $4.30. Dyne Therapeutics closed at $11.60 at the end of the last trading period.

For State Street Corporation STT, Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. For the fourth quarter, State Street had an EPS of $2.07, compared to year-ago quarter EPS of $2.00. At the moment, the stock has a 52-week-high of $94.73 and a 52-week-low of $58.62. State Street closed at $87.17 at the end of the last trading period.

According to Wedbush, the prior rating for Sangamo Therapeutics Inc SGMO was changed from Neutral to Outperform. In the fourth quarter, Sangamo Therapeutics showed an EPS of $0.32, compared to $0.26 from the year-ago quarter. The current stock performance of Sangamo Therapeutics shows a 52-week-high of $6.42 and a 52-week-low of $2.62. Moreover, at the end of the last trading period, the closing price was at $2.65.

For Omnicell Inc OMCL, Benchmark upgraded the previous rating of Hold to Buy. For the third quarter, Omnicell had an EPS of $1.00, compared to year-ago quarter EPS of $1.08. The current stock performance of Omnicell shows a 52-week-high of $138.50 and a 52-week-low of $46.11. Moreover, at the end of the last trading period, the closing price was at $52.98.

B of A Securities upgraded the previous rating for Union Pacific Corp UNP from Neutral to Buy. In the fourth quarter, Union Pacific showed an EPS of $2.67, compared to $2.66 from the year-ago quarter. The current stock performance of Union Pacific shows a 52-week-high of $278.94 and a 52-week-low of $183.70. Moreover, at the end of the last trading period, the closing price was at $194.02.

For Willis Towers Watson PLC WTW, Goldman Sachs upgraded the previous rating of Neutral to Buy. In the fourth quarter, Willis Towers Watson showed an EPS of $6.33, compared to $5.67 from the year-ago quarter. At the moment, the stock has a 52-week-high of $258.93 and a 52-week-low of $187.89. Willis Towers Watson closed at $234.70 at the end of the last trading period.

For Pulmonx Corp LUNG, Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Pulmonx earned $0.38 in the fourth quarter, compared to $0.35 in the year-ago quarter. The current stock performance of Pulmonx shows a 52-week-high of $28.30 and a 52-week-low of $4.07. Moreover, at the end of the last trading period, the closing price was at $10.37.

CLSA upgraded the previous rating for Baozun Inc BZUN from Underperform to Outperform. In the third quarter, Baozun showed an EPS of $0.03, compared to $0.19 from the year-ago quarter. The current stock performance of Baozun shows a 52-week-high of $12.09 and a 52-week-low of $3.41. Moreover, at the end of the last trading period, the closing price was at $6.04.

According to Raymond James, the prior rating for Frontier Group Holdings Inc ULCC was changed from Market Perform to Outperform. For the fourth quarter, Frontier Group Holdings had an EPS of $0.18, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $15.25 and a 52-week-low of $8.19. At the end of the last trading period, Frontier Group Holdings closed at $11.11.

Piper Sandler upgraded the previous rating for Universal Insurance Holdings Inc UVE from Neutral to Overweight. Universal Insurance Hldgs earned $0.72 in the fourth quarter, compared to $1.53 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.15 and a 52-week-low of $8.39. Universal Insurance Hldgs closed at $15.04 at the end of the last trading period.

Stifel upgraded the previous rating for Pennant Group Inc PNTG from Hold to Buy. Pennant Gr earned $0.18 in the fourth quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $20.28 and a 52-week-low of $8.68. Pennant Gr closed at $13.85 at the end of the last trading period.

For Shell PLC SHEL, Goldman Sachs upgraded the previous rating of Neutral to Buy. For the fourth quarter, Shell had an EPS of $2.78, compared to year-ago quarter EPS of $0.83. The stock has a 52-week-high of $62.75 and a 52-week-low of $44.90. At the end of the last trading period, Shell closed at $60.63.

Goldman Sachs upgraded the previous rating for Nomad Foods Ltd NOMD from Neutral to Buy. For the fourth quarter, Nomad Foods had an EPS of $0.34, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $25.42 and a 52-week-low of $12.50. At the end of the last trading period, Nomad Foods closed at $17.42.

See all analyst ratings upgrades.

Downgrades

Craig-Hallum downgraded the previous rating for MasTec Inc MTZ from Buy to Hold. For the fourth quarter, MasTec had an EPS of $1.03, compared to year-ago quarter EPS of $1.35. The current stock performance of MasTec shows a 52-week-high of $100.44 and a 52-week-low of $62.36. Moreover, at the end of the last trading period, the closing price was at $97.18.

Craig-Hallum downgraded the previous rating for Sono Group NV SEV from Buy to Hold. The stock has a 52-week-high of $8.75 and a 52-week-low of $0.60. At the end of the last trading period, Sono Group closed at $0.62.

For Resolute Forest Products Inc RFP, Scotiabank downgraded the previous rating of Sector Perform to Sector Underperform. In the third quarter, Resolute Forest Prods showed an EPS of $1.08, compared to $0.84 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.62 and a 52-week-low of $11.17. Resolute Forest Prods closed at $22.13 at the end of the last trading period.

According to RBC Capital, the prior rating for Westlake Corp WLK was changed from Outperform to Sector Perform. In the fourth quarter, Westlake showed an EPS of $1.79, compared to $4.98 from the year-ago quarter. The stock has a 52-week-high of $141.19 and a 52-week-low of $81.28. At the end of the last trading period, Westlake closed at $121.37.

Jefferies downgraded the previous rating for ACM Research Inc ACMR from Hold to Underperform. ACM Research earned $0.19 in the fourth quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $83.79 and a 52-week-low of $5.46. At the end of the last trading period, ACM Research closed at $11.53.

For Coursera Inc COUR, Truist Securities downgraded the previous rating of Buy to Hold. For the fourth quarter, Coursera had an EPS of $0.04, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $24.01 and a 52-week-low of $9.81. At the end of the last trading period, Coursera closed at $12.14.

Northcoast Research downgraded the previous rating for Wingstop Inc WING from Buy to Neutral. Wingstop earned $0.60 in the fourth quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $193.74 and a 52-week-low of $67.67. Wingstop closed at $171.06 at the end of the last trading period.

According to Raymond James, the prior rating for Village Farms International Inc VFF was changed from Outperform to Market Perform. Village Farms Intl earned $0.10 in the third quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.55 and a 52-week-low of $0.91. Village Farms Intl closed at $0.97 at the end of the last trading period.

For Opendoor Technologies Inc OPEN, Oppenheimer downgraded the previous rating of Outperform to Perform. Opendoor Technologies earned $0.74 in the fourth quarter, compared to $0.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.01 and a 52-week-low of $0.92. Opendoor Technologies closed at $1.60 at the end of the last trading period.

Bernstein downgraded the previous rating for Williams Companies Inc WMB from Outperform to Market Perform. For the fourth quarter, Williams Companies had an EPS of $0.53, compared to year-ago quarter EPS of $0.39. At the moment, the stock has a 52-week-high of $37.97 and a 52-week-low of $28.30. Williams Companies closed at $31.18 at the end of the last trading period.

For Open Lending Corp LPRO, Raymond James downgraded the previous rating of Strong Buy to Outperform. In the fourth quarter, Open Lending showed an EPS of $0.03, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.12 and a 52-week-low of $5.35. Open Lending closed at $6.64 at the end of the last trading period.

For Best Buy Co Inc BBY, Telsey Advisory Group downgraded the previous rating of Outperform to Market Perform. For the third quarter, Best Buy Co had an EPS of $1.38, compared to year-ago quarter EPS of $2.08. At the moment, the stock has a 52-week-high of $112.96 and a 52-week-low of $60.78. Best Buy Co closed at $83.82 at the end of the last trading period.

Piper Sandler downgraded the previous rating for American Well Corp AMWL from Overweight to Neutral. For the fourth quarter, American Well had an EPS of $0.22, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $5.42 and a 52-week-low of $2.52. American Well closed at $3.03 at the end of the last trading period.

Cantor Fitzgerald downgraded the previous rating for Sono Group NV SEV from Overweight to Neutral. The stock has a 52-week-high of $8.75 and a 52-week-low of $0.60. At the end of the last trading period, Sono Group closed at $0.62.

According to Raymond James, the prior rating for Limestone Bancorp Inc LMST was changed from Outperform to Market Perform. Limestone Bancorp earned $0.71 in the fourth quarter, compared to $0.45 in the year-ago quarter.

For CS Disco Inc LAW, Piper Sandler downgraded the previous rating of Overweight to Neutral. CS Disco earned $0.18 in the fourth quarter, compared to $0.10 in the year-ago quarter. The stock has a 52-week-high of $38.50 and a 52-week-low of $5.56. At the end of the last trading period, CS Disco closed at $6.59.

See all analyst ratings downgrades.

Initiations

Cowen & Co. initiated coverage on RXO Inc RXO with a Market Perform rating. The price target for RXO is set to $22.00. In the fourth quarter, RXO showed an EPS of $0.28, compared to $0.41 from the year-ago quarter. The current stock performance of RXO shows a 52-week-high of $22.11 and a 52-week-low of $15.17. Moreover, at the end of the last trading period, the closing price was at $20.29.

EF Hutton initiated coverage on Tarena International Inc TEDU with a Buy rating. The price target for Tarena International is set to $12.00. Tarena International earned $0.45 in the third quarter, compared to $1.20 in the year-ago quarter.

With a Buy rating, Canaccord Genuity initiated coverage on Intuitive Machines Inc LUNR. The price target seems to have been set at $35.00 for Intuitive Machines. The stock has a 52-week-high of $136.00 and a 52-week-low of $8.55. At the end of the last trading period, Intuitive Machines closed at $24.00.

With a Buy rating, Jefferies initiated coverage on Payoneer Global Inc PAYO. The price target seems to have been set at $7.00 for Payoneer Global. For the third quarter, Payoneer Global had an EPS of $0.08, compared to year-ago quarter EPS of $0.00. The stock has a 52-week-high of $8.04 and a 52-week-low of $3.33. At the end of the last trading period, Payoneer Global closed at $5.65.

With an Overweight rating, JP Morgan initiated coverage on MVB Financial Corp MVBF. The price target seems to have been set at $35.00 for MVB Financial. In the fourth quarter, MVB Financial showed an EPS of $0.50, compared to $0.77 from the year-ago quarter. The current stock performance of MVB Financial shows a 52-week-high of $44.22 and a 52-week-low of $20.64. Moreover, at the end of the last trading period, the closing price was at $24.93.

With an Overweight rating, JP Morgan initiated coverage on Zillow Group Inc ZG. The price target seems to have been set at $48.00 for Zillow Gr. In the fourth quarter, Zillow Gr showed an EPS of $0.21, compared to $0.42 from the year-ago quarter. The current stock performance of Zillow Gr shows a 52-week-high of $58.81 and a 52-week-low of $26.21. Moreover, at the end of the last trading period, the closing price was at $40.50.

With a Neutral rating, JP Morgan initiated coverage on Redfin Corp RDFN. The price target seems to have been set at $8.00 for Redfin. Redfin earned $1.09 in the fourth quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $22.79 and a 52-week-low of $3.08. At the end of the last trading period, Redfin closed at $7.61.

With an Outperform rating, Credit Suisse initiated coverage on Woodward Inc WWD. The price target seems to have been set at $120.00 for Woodward. In the first quarter, Woodward showed an EPS of $0.49, compared to $0.56 from the year-ago quarter. At the moment, the stock has a 52-week-high of $129.12 and a 52-week-low of $79.26. Woodward closed at $97.92 at the end of the last trading period.

See all analyst ratings initiations.