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

Author: Benzinga Insights | November 29, 2022 11:00am

Upgrades

According to Wedbush, the prior rating for The GEO Group Inc (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NYSE: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.

Posted In: AFRM AMH AUB AXP BFLY CCS CINC CP DNA DRI EVRG GEO GNRC GT INVH MA MDNA ME NVCR OABI