Benzinga's Top Ratings Upgrades, Downgrades For February 27, 2023
Upgrades
According to Tudor Pickering, the prior rating for Pioneer Natural Resources Co (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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.