Benzinga's Top Ratings Upgrades, Downgrades For February 15, 2023
Upgrades
According to Dawson James, the prior rating for Arcimoto Inc (NASDAQ:FUV) was changed from Sell to Neutral. For the third quarter, Arcimoto had an EPS of $0.38, compared to year-ago quarter EPS of $0.31. The current stock performance of Arcimoto shows a 52-week-high of $156.40 and a 52-week-low of $1.88. Moreover, at the end of the last trading period, the closing price was at $2.07.
According to UBS, the prior rating for Angi Inc (NASDAQ:ANGI) was changed from Sell to Neutral. Angi earned $0.06 in the fourth quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.90 and a 52-week-low of $1.81. Angi closed at $2.44 at the end of the last trading period.
According to UBS, the prior rating for IAC Inc (NASDAQ:IAC) was changed from Sell to Neutral. In the fourth quarter, IAC showed an EPS of $0.05, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $136.26 and a 52-week-low of $41.52. At the end of the last trading period, IAC closed at $53.82.
For Focus Financial Partners Inc (NASDAQ:FOCS), Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. 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 $50.16 at the end of the last trading period.
For U.S. Bancorp (NYSE:USB), Piper Sandler upgraded the previous rating of Neutral to Overweight. U.S. Bancorp earned $1.20 in the fourth quarter, compared to $1.07 in the year-ago quarter. The stock has a 52-week-high of $59.09 and a 52-week-low of $38.39. At the end of the last trading period, U.S. Bancorp closed at $49.13.
For Ecolab Inc (NYSE:ECL), RBC Capital upgraded the previous rating of Sector Perform to Outperform. In the fourth quarter, Ecolab showed an EPS of $1.27, compared to $1.28 from the year-ago quarter. The stock has a 52-week-high of $186.13 and a 52-week-low of $131.04. At the end of the last trading period, Ecolab closed at $158.40.
See all analyst ratings upgrades.
Downgrades
Keefe, Bruyette & Woods downgraded the previous rating for Triton International Ltd (NYSE:TRTN) from Outperform to Market Perform. For the fourth quarter, Triton International had an EPS of $2.76, compared to year-ago quarter EPS of $2.67. The stock has a 52-week-high of $73.00 and a 52-week-low of $48.64. At the end of the last trading period, Triton International closed at $67.70.
According to Janney Montgomery Scott, the prior rating for Colony Bankcorp Inc (NASDAQ:CBAN) was changed from Buy to Neutral. For the fourth quarter, Colony Bankcorp had an EPS of $0.31, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of $19.00 and a 52-week-low of $12.52. At the end of the last trading period, Colony Bankcorp closed at $12.89.
Citigroup downgraded the previous rating for Upstart Holdings Inc (NASDAQ:UPST) from Neutral to Sell. Upstart Hldgs earned $0.25 in the fourth quarter, compared to $0.89 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 $16.85.
According to Tudor Pickering, the prior rating for Ford Motor Co (NYSE:F) was changed from Buy to Hold. Ford Motor earned $0.51 in the fourth quarter, compared to $0.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.48 and a 52-week-low of $10.61. Ford Motor closed at $12.97 at the end of the last trading period.
JP Morgan downgraded the previous rating for GCM Grosvenor Inc (NASDAQ:GCMG) from Overweight to Neutral. In the fourth quarter, GCM Grosvenor showed an EPS of $0.12, compared to $0.30 from the year-ago quarter. The current stock performance of GCM Grosvenor shows a 52-week-high of $10.86 and a 52-week-low of $6.26. Moreover, at the end of the last trading period, the closing price was at $8.95.
According to Chardan Capital, the prior rating for Frequency Therapeutics Inc (NASDAQ:FREQ) was changed from Buy to Neutral. For the third quarter, Frequency Therapeutics had an EPS of $0.55, compared to year-ago quarter EPS of $0.73. The stock has a 52-week-high of $5.59 and a 52-week-low of $0.68. At the end of the last trading period, Frequency Therapeutics closed at $0.75.
According to Benchmark, the prior rating for Howmet Aerospace Inc (NYSE:HWM) was changed from Buy to Hold. For the fourth quarter, Howmet Aerospace had an EPS of $0.38, compared to year-ago quarter EPS of $0.30. The current stock performance of Howmet Aerospace shows a 52-week-high of $43.20 and a 52-week-low of $29.84. Moreover, at the end of the last trading period, the closing price was at $43.02.
B of A Securities downgraded the previous rating for Credo Technology Group Holding Ltd (NASDAQ:CRDO) from Buy to Underperform. Credo Technology Group earned $0.02 in the second quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Credo Technology Group shows a 52-week-high of $19.46 and a 52-week-low of $8.61. Moreover, at the end of the last trading period, the closing price was at $19.36.
Evercore ISI Group downgraded the previous rating for Marriott International Inc (NASDAQ:MAR) from Outperform to In-Line. For the fourth quarter, Marriott Intl had an EPS of $1.96, compared to year-ago quarter EPS of $1.30. The stock has a 52-week-high of $195.90 and a 52-week-low of $131.01. At the end of the last trading period, Marriott Intl closed at $181.27.
For Akamai Technologies Inc (NASDAQ:AKAM), RBC Capital downgraded the previous rating of Outperform to Sector Perform. For the fourth quarter, Akamai Technologies had an EPS of $1.37, compared to year-ago quarter EPS of $1.49. 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 $87.79.
According to Citigroup, the prior rating for Bath & Body Works Inc (NYSE:BBWI) was changed from Buy to Neutral. Bath & Body Works earned $0.40 in the third quarter, compared to $0.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.17 and a 52-week-low of $25.75. Bath & Body Works closed at $44.93 at the end of the last trading period.
According to Bernstein, the prior rating for Oak Street Health Inc (NYSE:OSH) was changed from Outperform to Market Perform. Oak Street Health earned $0.56 in the third quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $35.60 and a 52-week-low of $13.29. At the end of the last trading period, Oak Street Health closed at $35.40.
Cowen & Co. downgraded the previous rating for Credo Technology Group Holding Ltd (NASDAQ:CRDO) from Outperform to Market Perform. In the second quarter, Credo Technology Group showed an EPS of $0.02, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $19.46 and a 52-week-low of $8.61. At the end of the last trading period, Credo Technology Group closed at $19.36.
Jefferies downgraded the previous rating for Corcept Therapeutics Inc (NASDAQ:CORT) from Buy to Hold. Corcept Therapeutics earned $0.30 in the third quarter, compared to $0.30 in the year-ago quarter. The stock has a 52-week-high of $30.14 and a 52-week-low of $17.19. At the end of the last trading period, Corcept Therapeutics closed at $23.09.
Wells Fargo downgraded the previous rating for Dycom Industries Inc (NYSE:DY) from Overweight to Equal-Weight. Dycom Industries earned $1.80 in the third quarter, compared to $0.94 in the year-ago quarter. The current stock performance of Dycom Industries shows a 52-week-high of $122.12 and a 52-week-low of $76.21. Moreover, at the end of the last trading period, the closing price was at $83.09.
For a.k.a. Brands Holding Corp (NYSE:AKA), Jefferies downgraded the previous rating of Buy to Hold. For the third quarter, a.k.a. Brands Holding had an EPS of $0.00, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $8.37 and a 52-week-low of $1.12. a.k.a. Brands Holding closed at $1.57 at the end of the last trading period.
Jefferies downgraded the previous rating for American Eagle Outfitters Inc (NYSE:AEO) from Buy to Hold. American Eagle Outfitters earned $0.42 in the third quarter, compared to $0.76 in the year-ago quarter. The stock has a 52-week-high of $23.27 and a 52-week-low of $9.46. At the end of the last trading period, American Eagle Outfitters closed at $16.03.
According to Jefferies, the prior rating for Torrid Holdings Inc (NYSE:CURV) was changed from Buy to Hold. For the third quarter, Torrid Holdings had an EPS of $0.07, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $9.50 and a 52-week-low of $2.59. Torrid Holdings closed at $3.35 at the end of the last trading period.
For Lulus Fashion Lounge Holdings Inc (NASDAQ:LVLU), Jefferies downgraded the previous rating of Buy to Hold. In the third quarter, Lulus Fashion Lounge showed an EPS of $0.02, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.29 and a 52-week-low of $2.16. Lulus Fashion Lounge closed at $3.20 at the end of the last trading period.
Citigroup downgraded the previous rating for Terex Corp (NYSE:TEX) from Buy to Neutral. In the fourth quarter, Terex showed an EPS of $1.34, compared to $0.82 from the year-ago quarter. At the moment, the stock has a 52-week-high of $57.48 and a 52-week-low of $26.64. Terex closed at $56.62 at the end of the last trading period.
Piper Sandler downgraded the previous rating for Comerica Inc (NYSE:CMA) from Overweight to Neutral. For the fourth quarter, Comerica had an EPS of $2.58, compared to year-ago quarter EPS of $1.66. The stock has a 52-week-high of $101.76 and a 52-week-low of $62.83. At the end of the last trading period, Comerica closed at $75.84.
Stifel downgraded the previous rating for TE Connectivity Ltd (NYSE:TEL) from Buy to Hold. In the first quarter, TE Connectivity showed an EPS of $1.53, compared to $1.76 from the year-ago quarter. The current stock performance of TE Connectivity shows a 52-week-high of $150.17 and a 52-week-low of $104.76. Moreover, at the end of the last trading period, the closing price was at $132.70.
For Sensata Technologies Holding PLC (NYSE:ST), Stifel downgraded the previous rating of Buy to Hold. For the fourth quarter, Sensata Technologies had an EPS of $0.96, compared to year-ago quarter EPS of $0.87. The stock has a 52-week-high of $59.52 and a 52-week-low of $36.64. At the end of the last trading period, Sensata Technologies closed at $52.37.
According to Roth Capital, the prior rating for LCI Industries Inc (NYSE:LCII) was changed from Buy to Neutral. For the fourth quarter, LCI Indus had an EPS of $0.68, compared to year-ago quarter EPS of $3.22. The current stock performance of LCI Indus shows a 52-week-high of $139.89 and a 52-week-low of $89.28. Moreover, at the end of the last trading period, the closing price was at $116.00.
Cowen & Co. downgraded the previous rating for Sumo Logic Inc (NASDAQ:SUMO) from Outperform to Market Perform. For the third quarter, Sumo Logic had an EPS of $0.04, compared to year-ago quarter EPS of $0.12. The current stock performance of Sumo Logic shows a 52-week-high of $12.67 and a 52-week-low of $6.42. Moreover, at the end of the last trading period, the closing price was at $11.86.
See all analyst ratings downgrades.
Initiations
Benchmark initiated coverage on Genelux Corp (NASDAQ:GNLX) with a Speculative Buy rating. The price target for Genelux is set to $10.00. The stock has a 52-week-high of $7.94 and a 52-week-low of $5.35. At the end of the last trading period, Genelux closed at $5.99.
With a Equal-Weight rating, Barclays initiated coverage on TD Synnex Corp (NYSE:SNX). The price target seems to have been set at $109.00 for TD Synnex. For the fourth quarter, TD Synnex had an EPS of $3.44, compared to year-ago quarter EPS of $2.86. The current stock performance of TD Synnex shows a 52-week-high of $115.14 and a 52-week-low of $78.86. Moreover, at the end of the last trading period, the closing price was at $102.97.
Gordon Haskett initiated coverage on Chewy Inc (NYSE:CHWY) with a Hold rating. The price target for Chewy is set to $46.00. Chewy earned $0.01 in the third quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Chewy shows a 52-week-high of $54.19 and a 52-week-low of $22.22. Moreover, at the end of the last trading period, the closing price was at $47.89.
With an Overweight rating, Cantor Fitzgerald initiated coverage on Immunovant Inc (NASDAQ:IMVT). The price target seems to have been set at $30.00 for Immunovant. Immunovant earned $0.49 in the third quarter, compared to $0.36 in the year-ago quarter. The stock has a 52-week-high of $20.24 and a 52-week-low of $3.15. At the end of the last trading period, Immunovant closed at $18.59.
With a Hold rating, Loop Capital initiated coverage on Dick's Sporting Goods Inc (NYSE:DKS). The price target seems to have been set at $130.00 for Dick's Sporting Goods. For the third quarter, Dick's Sporting Goods had an EPS of $2.60, compared to year-ago quarter EPS of $3.19. The stock has a 52-week-high of $138.43 and a 52-week-low of $63.45. At the end of the last trading period, Dick's Sporting Goods closed at $129.43.
With a Market Perform rating, BMO Capital initiated coverage on Samsara Inc (NYSE:IOT). The price target seems to have been set at $17.00 for Samsara. At the moment, the stock has a 52-week-high of $23.52 and a 52-week-low of $8.42. Samsara closed at $15.79 at the end of the last trading period.
With a Buy rating, Benchmark initiated coverage on Kura Sushi USA Inc (NASDAQ:KRUS). The price target seems to have been set at $70.00 for Kura Sushi USA. In the first quarter, Kura Sushi USA showed an EPS of $0.21, compared to $0.13 from the year-ago quarter. The current stock performance of Kura Sushi USA shows a 52-week-high of $96.60 and a 52-week-low of $30.95. Moreover, at the end of the last trading period, the closing price was at $58.16.
With a Buy rating, Deutsche Bank initiated coverage on DigitalBridge Group Inc (NYSE:DBRG). The price target seems to have been set at $18.00 for DigitalBridge Group. In the third quarter, DigitalBridge Group showed an EPS of $0.39, compared to $0.32 from the year-ago quarter. The current stock performance of DigitalBridge Group shows a 52-week-high of $30.66 and a 52-week-low of $10.39. Moreover, at the end of the last trading period, the closing price was at $14.25.
With an Overweight rating, Barclays initiated coverage on Rivian Automotive Inc (NASDAQ:RIVN). The price target seems to have been set at $28.00 for Rivian Automotive. In the third quarter, Rivian Automotive showed an EPS of $1.57, compared to $7.68 from the year-ago quarter. The stock has a 52-week-high of $71.50 and a 52-week-low of $15.28. At the end of the last trading period, Rivian Automotive closed at $19.49.
With an Overweight rating, Barclays initiated coverage on Tesla Inc (NASDAQ:TSLA). The price target seems to have been set at $275.00 for Tesla. Tesla earned $1.19 in the fourth quarter, compared to $0.85 in the year-ago quarter. The stock has a 52-week-high of $384.29 and a 52-week-low of $101.81. At the end of the last trading period, Tesla closed at $209.25.
Barclays initiated coverage on Adient PLC (NYSE:ADNT) with an Overweight rating. The price target for Adient is set to $57.00. For the first quarter, Adient had an EPS of $0.34, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $50.23 and a 52-week-low of $27.15. At the end of the last trading period, Adient closed at $42.90.
With a Equal-Weight rating, Barclays initiated coverage on American Axle & Mfg Holdings Inc (NYSE:AXL). The price target seems to have been set at $10.00 for American Axle & Mfg Hldgs. For the third quarter, American Axle & Mfg Hldgs had an EPS of $0.27, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $11.96 and a 52-week-low of $6.36. At the end of the last trading period, American Axle & Mfg Hldgs closed at $9.69.
Barclays initiated coverage on Aptiv PLC (NYSE:APTV) with an Overweight rating. The price target for Aptiv is set to $150.00. In the fourth quarter, Aptiv showed an EPS of $1.27, compared to $0.56 from 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 $121.10.
With a Equal-Weight rating, Barclays initiated coverage on Autoliv Inc (NYSE:ALV). The price target seems to have been set at $100.00 for Autoliv. For the fourth quarter, Autoliv had an EPS of $1.83, compared to year-ago quarter EPS of $1.30. At the moment, the stock has a 52-week-high of $103.90 and a 52-week-low of $65.74. Autoliv closed at $90.51 at the end of the last trading period.
Barclays initiated coverage on BorgWarner Inc (NYSE:BWA) with an Overweight rating. The price target for BorgWarner is set to $62.00. BorgWarner earned $1.26 in the fourth quarter, compared to $1.06 in the year-ago quarter. The stock has a 52-week-high of $50.79 and a 52-week-low of $31.14. At the end of the last trading period, BorgWarner closed at $49.69.
Barclays initiated coverage on Dana Inc (NYSE:DAN) with a Equal-Weight rating. The price target for Dana is set to $20.00. In the third quarter, Dana showed an EPS of $0.24, compared to $0.41 from the year-ago quarter. The current stock performance of Dana shows a 52-week-high of $22.93 and a 52-week-low of $11.17. Moreover, at the end of the last trading period, the closing price was at $18.54.
Barclays initiated coverage on Fisker Inc (NYSE:FSR) with an Underweight rating. The price target for Fisker is set to $6.00. For the third quarter, Fisker had an EPS of $0.49, compared to year-ago quarter EPS of $0.37. At the moment, the stock has a 52-week-high of $14.74 and a 52-week-low of $6.40. Fisker closed at $6.86 at the end of the last trading period.
With a Equal-Weight rating, Barclays initiated coverage on Ford Motor Co (NYSE:F). The price target seems to have been set at $13.00 for Ford Motor. Ford Motor earned $0.51 in the fourth quarter, compared to $0.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.48 and a 52-week-low of $10.61. Ford Motor closed at $12.97 at the end of the last trading period.
Barclays initiated coverage on General Motors Co (NYSE:GM) with a Equal-Weight rating. The price target for General Motors is set to $46.00. General Motors earned $2.12 in the fourth quarter, compared to $1.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.56 and a 52-week-low of $30.33. General Motors closed at $42.43 at the end of the last trading period.
With a Equal-Weight rating, Barclays initiated coverage on The Lion Electric Co (NYSE:LEV). The price target seems to have been set at $3.00 for Lion Electric. Lion Electric earned $0.09 in the third quarter, compared to $0.60 in the year-ago quarter. The current stock performance of Lion Electric shows a 52-week-high of $9.21 and a 52-week-low of $1.83. Moreover, at the end of the last trading period, the closing price was at $2.40.
Barclays initiated coverage on Magna International Inc (NYSE:MGA) with a Equal-Weight rating. The price target for Magna International is set to $60.00. In the fourth quarter, Magna International showed an EPS of $0.91, compared to $1.30 from the year-ago quarter. The stock has a 52-week-high of $80.28 and a 52-week-low of $45.58. At the end of the last trading period, Magna International closed at $55.86.
With an Overweight rating, Barclays initiated coverage on Mobileye Global Inc (NASDAQ:MBLY). The price target seems to have been set at $60.00 for Mobileye Global. In the fourth quarter, Mobileye Global showed an EPS of $0.27, compared to $0.14 from the year-ago quarter. The current stock performance of Mobileye Global shows a 52-week-high of $47.15 and a 52-week-low of $24.85. Moreover, at the end of the last trading period, the closing price was at $46.95.
Barclays initiated coverage on Polestar Automotive Holding UK PLC (NASDAQ:PSNY) with a Equal-Weight rating. The price target for Polestar Automotive is set to $7.00. Polestar Automotive earned $0.14 in the third quarter, compared to $1.30 in the year-ago quarter. The current stock performance of Polestar Automotive shows a 52-week-high of $13.36 and a 52-week-low of $4.00. Moreover, at the end of the last trading period, the closing price was at $5.59.
With an Underweight rating, Barclays initiated coverage on Visteon Corp (NASDAQ:VC). The price target seems to have been set at $125.00 for Visteon. In the third quarter, Visteon showed an EPS of $1.58, compared to $0.18 from the year-ago quarter. The current stock performance of Visteon shows a 52-week-high of $164.23 and a 52-week-low of $88.82. Moreover, at the end of the last trading period, the closing price was at $160.50.
With an Outperform rating, Oppenheimer initiated coverage on Dyne Therapeutics Inc (NASDAQ:DYN). The price target seems to have been set at $34.00 for Dyne Therapeutics. 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 $13.24 at the end of the last trading period.