Benzinga's Top Ratings Upgrades, Downgrades For January 10, 2023

Upgrades

Morgan Stanley upgraded the previous rating for Stem Inc (NYSE:STEM) from Equal-Weight to Overweight. In the third quarter, Stem showed an EPS of $0.22, compared to $0.15 from the year-ago quarter. The current stock performance of Stem shows a 52-week-high of $18.02 and a 52-week-low of $5.72. Moreover, at the end of the last trading period, the closing price was at $8.14.

According to Goldman Sachs, the prior rating for American Tower Corp (NYSE:AMT) was changed from Neutral to Buy. American Tower earned $2.36 in the third quarter, compared to $2.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of $282.47 and a 52-week-low of $178.17. American Tower closed at $219.30 at the end of the last trading period.

Wolfe Research upgraded the previous rating for Covenant Logistics Group Inc (NASDAQ:CVLG) from Underperform to Peer Perform. For the third quarter, Covenant Logistics Gr had an EPS of $1.52, compared to year-ago quarter EPS of $1.02. At the moment, the stock has a 52-week-high of $40.37 and a 52-week-low of $17.23. Covenant Logistics Gr closed at $33.84 at the end of the last trading period.

For Camden Property Trust (NYSE:CPT), Mizuho upgraded the previous rating of Neutral to Buy. Camden Prop Trust earned $1.70 in the third quarter, compared to $1.36 in the year-ago quarter. The current stock performance of Camden Prop Trust shows a 52-week-high of $175.69 and a 52-week-low of $107.90. Moreover, at the end of the last trading period, the closing price was at $113.01.

According to Morgan Stanley, the prior rating for Royal Caribbean Group (NYSE:RCL) was changed from Underweight to Equal-Weight. For the third quarter, Royal Caribbean Gr had an EPS of $0.26, compared to year-ago quarter EPS of $4.91. 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 $57.29.

According to UBS, the prior rating for U.S. Bancorp (NYSE:USB) was changed from Neutral to Buy. For the third quarter, U.S. Bancorp had an EPS of $1.18, compared to year-ago quarter EPS of $1.30. The current stock performance of U.S. Bancorp shows a 52-week-high of $63.57 and a 52-week-low of $38.39. Moreover, at the end of the last trading period, the closing price was at $46.61.

According to Odeon Capital, the prior rating for Bank of America Corp (NYSE:BAC) was changed from Hold to Buy. For the third quarter, Bank of America had an EPS of $0.81, compared to year-ago quarter EPS of $0.85. The stock has a 52-week-high of $50.11 and a 52-week-low of $29.31. At the end of the last trading period, Bank of America closed at $33.89.

According to Odeon Capital, the prior rating for Wells Fargo & Co (NYSE:WFC) was changed from Hold to Buy. Wells Fargo earned $0.85 in the third quarter, compared to $1.17 in the year-ago quarter. The current stock performance of Wells Fargo shows a 52-week-high of $60.30 and a 52-week-low of $36.54. Moreover, at the end of the last trading period, the closing price was at $42.39.

For KeyCorp (NYSE:KEY), Odeon Capital upgraded the previous rating of Hold to Buy. For the third quarter, KeyCorp had an EPS of $0.55, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of $27.17 and a 52-week-low of $15.26. At the end of the last trading period, KeyCorp closed at $18.19.

Odeon Capital upgraded the previous rating for M&T Bank Corp (NYSE:MTB) from Hold to Buy. For the third quarter, M&T Bank had an EPS of $3.83, compared to year-ago quarter EPS of $3.76. The stock has a 52-week-high of $193.42 and a 52-week-low of $138.43. At the end of the last trading period, M&T Bank closed at $148.55.

For The Goldman Sachs Group Inc (NYSE:GS), Odeon Capital upgraded the previous rating of Sell to Hold. Goldman Sachs Group earned $8.25 in the third quarter, compared to $14.93 in the year-ago quarter. The current stock performance of Goldman Sachs Group shows a 52-week-high of $404.37 and a 52-week-low of $277.84. Moreover, at the end of the last trading period, the closing price was at $353.00.

Morgan Stanley upgraded the previous rating for Bloom Energy Corp (NYSE:BE) from Equal-Weight to Overweight. For the third quarter, Bloom Energy had an EPS of $0.20, compared to year-ago quarter EPS of $0.20. The current stock performance of Bloom Energy shows a 52-week-high of $31.47 and a 52-week-low of $11.47. Moreover, at the end of the last trading period, the closing price was at $19.89.

For Morgan Stanley (NYSE:MS), Odeon Capital upgraded the previous rating of Sell to Hold. In the third quarter, Morgan Stanley showed an EPS of $1.53, compared to $2.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $109.73 and a 52-week-low of $72.05. Morgan Stanley closed at $87.64 at the end of the last trading period.

According to UBS, the prior rating for Casella Waste Systems Inc (NASDAQ:CWST) was changed from Neutral to Buy. Casella Waste Systems earned $0.45 in the third quarter, compared to $0.34 in the year-ago quarter. At the moment, the stock has a 52-week-high of $92.75 and a 52-week-low of $63.90. Casella Waste Systems closed at $79.32 at the end of the last trading period.

According to Morgan Stanley, the prior rating for FMC Corp (NYSE:FMC) was changed from Equal-Weight to Overweight. In the third quarter, FMC showed an EPS of $1.23, compared to $1.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $140.99 and a 52-week-low of $98.24. FMC closed at $128.97 at the end of the last trading period.

Evercore ISI Group upgraded the previous rating for The Travelers Companies Inc (NYSE:TRV) from In-Line to Outperform. Travelers Companies earned $2.20 in the third quarter, compared to $2.60 in the year-ago quarter. The stock has a 52-week-high of $194.45 and a 52-week-low of $149.65. At the end of the last trading period, Travelers Companies closed at $189.12.

For Aon PLC (NYSE:AON), Evercore ISI Group upgraded the previous rating of Underperform to In-Line. For the third quarter, Aon had an EPS of $2.02, compared to year-ago quarter EPS of $1.74. The stock has a 52-week-high of $341.98 and a 52-week-low of $246.21. At the end of the last trading period, Aon closed at $306.33.

According to Morgan Stanley, the prior rating for Altus Power Inc (NYSE:AMPS) was changed from Equal-Weight to Overweight. At the moment, the stock has a 52-week-high of $14.71 and a 52-week-low of $4.26. Altus Power closed at $7.23 at the end of the last trading period.

For Bio-Techne Corp (NASDAQ:TECH), Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. Bio-Techne earned $0.45 in the first quarter, compared to $0.46 in the year-ago quarter. The current stock performance of Bio-Techne shows a 52-week-high of $113.81 and a 52-week-low of $68.00. Moreover, at the end of the last trading period, the closing price was at $83.94.

Barclays upgraded the previous rating for ProPetro Holding Corp (NYSE:PUMP) from Equal-Weight to Overweight. ProPetro Holding earned $0.10 in the third quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $16.93 and a 52-week-low of $7.25. At the end of the last trading period, ProPetro Holding closed at $10.18.

For PNC Financial Services Group Inc (NYSE:PNC), Odeon Capital upgraded the previous rating of Hold to Buy. In the third quarter, PNC Financial Services Gr showed an EPS of $3.78, compared to $3.75 from the year-ago quarter. The stock has a 52-week-high of $228.14 and a 52-week-low of $143.52. At the end of the last trading period, PNC Financial Services Gr closed at $164.28.

According to Barclays, the prior rating for Nabors Industries Ltd (NYSE:NBR) was changed from Equal-Weight to Overweight. For the third quarter, Nabors Industries had an EPS of $1.80, compared to year-ago quarter EPS of $14.16. The current stock performance of Nabors Industries shows a 52-week-high of $207.67 and a 52-week-low of $91.58. Moreover, at the end of the last trading period, the closing price was at $153.76.

For Keysight Technologies Inc (NYSE:KEYS), Barclays upgraded the previous rating of Equal-Weight to Overweight. In the fourth quarter, Keysight Techs showed an EPS of $2.14, compared to $1.82 from the year-ago quarter. The stock has a 52-week-high of $193.92 and a 52-week-low of $127.93. At the end of the last trading period, Keysight Techs closed at $176.61.

For Ryder System Inc (NYSE:R), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. For the third quarter, Ryder System had an EPS of $4.45, compared to year-ago quarter EPS of $2.55. The current stock performance of Ryder System shows a 52-week-high of $97.26 and a 52-week-low of $61.71. Moreover, at the end of the last trading period, the closing price was at $84.25.

According to Wells Fargo, the prior rating for Agilent Technologies Inc (NYSE:A) was changed from Equal-Weight to Overweight. For the fourth quarter, Agilent Technologies had an EPS of $1.53, compared to year-ago quarter EPS of $1.21. The stock has a 52-week-high of $160.26 and a 52-week-low of $112.52. At the end of the last trading period, Agilent Technologies closed at $147.47.

Mizuho upgraded the previous rating for HF Sinclair Corp (NYSE:DINO) from Neutral to Buy. In the third quarter, HF Sinclair showed an EPS of $4.58, compared to $1.28 from the year-ago quarter. The current stock performance of HF Sinclair shows a 52-week-high of $66.19 and a 52-week-low of $34.17. Moreover, at the end of the last trading period, the closing price was at $50.16.

According to UBS, the prior rating for NXP Semiconductors NV (NASDAQ:NXPI) was changed from Sell to Neutral. NXP Semiconductors earned $3.81 in the third quarter, compared to $2.84 in the year-ago quarter. The current stock performance of NXP Semiconductors shows a 52-week-high of $232.36 and a 52-week-low of $132.08. Moreover, at the end of the last trading period, the closing price was at $160.97.

According to Barclays, the prior rating for DoubleVerify Holdings Inc (NYSE:DV) was changed from Equal-Weight to Overweight. For the third quarter, DoubleVerify Hldgs had an EPS of $0.06, compared to year-ago quarter EPS of $0.05. The current stock performance of DoubleVerify Hldgs shows a 52-week-high of $32.43 and a 52-week-low of $17.22. Moreover, at the end of the last trading period, the closing price was at $22.91.

For Confluent Inc (NASDAQ:CFLT), Barclays upgraded the previous rating of Equal-Weight to Overweight. Confluent earned $0.13 in the third quarter, compared to $0.17 in the year-ago quarter. The current stock performance of Confluent shows a 52-week-high of $81.11 and a 52-week-low of $16.48. Moreover, at the end of the last trading period, the closing price was at $19.38.

According to JP Morgan, the prior rating for ONEOK Inc (NYSE:OKE) was changed from Neutral to Overweight. For the third quarter, ONEOK had an EPS of $0.96, compared to year-ago quarter EPS of $0.88. At the moment, the stock has a 52-week-high of $75.07 and a 52-week-low of $50.50. ONEOK closed at $67.69 at the end of the last trading period.

According to Wells Fargo, the prior rating for AT&T Inc (NYSE:T) was changed from Equal-Weight to Overweight. In the third quarter, AT&T showed an EPS of $0.68, compared to $0.87 from the year-ago quarter. The stock has a 52-week-high of $27.48 and a 52-week-low of $14.46. At the end of the last trading period, AT&T closed at $19.04.

For Bumble Inc (NASDAQ:BMBL), Keybanc upgraded the previous rating of Sector Weight to Overweight. For the third quarter, Bumble had an EPS of $0.14, compared to year-ago quarter EPS of $0.06. The current stock performance of Bumble shows a 52-week-high of $39.33 and a 52-week-low of $15.41. Moreover, at the end of the last trading period, the closing price was at $20.06.

See all analyst ratings upgrades.

Downgrades

According to HC Wainwright & Co., the prior rating for Albireo Pharma Inc (NASDAQ:ALBO) was changed from Buy to Neutral. In the third quarter, Albireo Pharma showed an EPS of $1.92, compared to $2.90 from the year-ago quarter. The current stock performance of Albireo Pharma shows a 52-week-high of $44.36 and a 52-week-low of $16.02. Moreover, at the end of the last trading period, the closing price was at $43.85.

For A.O. Smith Corp (NYSE:AOS), UBS downgraded the previous rating of Neutral to Sell. In the third quarter, A.O. Smith showed an EPS of $0.69, compared to $0.82 from the year-ago quarter. The current stock performance of A.O. Smith shows a 52-week-high of $84.95 and a 52-week-low of $46.58. Moreover, at the end of the last trading period, the closing price was at $61.49.

For Amryt Pharma PLC (NASDAQ:AMYT), Maxim Group downgraded the previous rating of Buy to Hold. Amryt Pharma earned $0.06 in the third quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.64 and a 52-week-low of $5.61. Amryt Pharma closed at $14.51 at the end of the last trading period.

For Norwegian Cruise Line Holdings Ltd (NYSE:NCLH), Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. For the third quarter, Norwegian Cruise Line had an EPS of $0.64, compared to year-ago quarter EPS of $2.17. The stock has a 52-week-high of $23.90 and a 52-week-low of $10.31. At the end of the last trading period, Norwegian Cruise Line closed at $13.78.

For Invesco Ltd (NYSE:IVZ), UBS downgraded the previous rating of Buy to Neutral. In the third quarter, Invesco showed an EPS of $0.34, compared to $0.77 from the year-ago quarter. The current stock performance of Invesco shows a 52-week-high of $25.33 and a 52-week-low of $13.20. Moreover, at the end of the last trading period, the closing price was at $19.27.

For Altice USA Inc (NYSE:ATUS), Goldman Sachs downgraded the previous rating of Buy to Neutral. For the third quarter, Altice USA had an EPS of $0.19, compared to year-ago quarter EPS of $0.58. At the moment, the stock has a 52-week-high of $16.29 and a 52-week-low of $3.68. Altice USA closed at $4.78 at the end of the last trading period.

For Republic Services Inc (NYSE:RSG), UBS downgraded the previous rating of Buy to Neutral. In the third quarter, Republic Services showed an EPS of $1.34, compared to $1.11 from the year-ago quarter. The stock has a 52-week-high of $149.17 and a 52-week-low of $113.57. At the end of the last trading period, Republic Services closed at $127.73.

UBS downgraded the previous rating for Waste Management Inc (NYSE:WM) from Buy to Neutral. For the third quarter, Waste Management had an EPS of $1.56, compared to year-ago quarter EPS of $1.26. The stock has a 52-week-high of $175.98 and a 52-week-low of $138.58. At the end of the last trading period, Waste Management closed at $158.24.

According to UBS, the prior rating for PNC Financial Services Group Inc (NYSE:PNC) was changed from Buy to Neutral. For the third quarter, PNC Financial Services Gr had an EPS of $3.78, compared to year-ago quarter EPS of $3.75. The stock has a 52-week-high of $228.14 and a 52-week-low of $143.52. At the end of the last trading period, PNC Financial Services Gr closed at $164.28.

According to Craig-Hallum, the prior rating for Ultra Clean Holdings Inc (NASDAQ:UCTT) was changed from Buy to Hold. In the third quarter, Ultra Clean Holdings showed an EPS of $1.06, compared to $1.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $60.45 and a 52-week-low of $23.32. Ultra Clean Holdings closed at $33.10 at the end of the last trading period.

For Palomar Holdings Inc (NASDAQ:PLMR), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. Palomar Hldgs earned $0.29 in the third quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $95.20 and a 52-week-low of $43.63. At the end of the last trading period, Palomar Hldgs closed at $48.37.

For Boeing Co (NYSE:BA), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the third quarter, Boeing showed an EPS of $6.18, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $229.67 and a 52-week-low of $113.02. At the end of the last trading period, Boeing closed at $208.57.

For United States Cellular Corp (NYSE:USM), Wells Fargo downgraded the previous rating of Overweight to Underweight. In the third quarter, United States Cellular showed an EPS of $0.15, compared to $0.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.71 and a 52-week-low of $19.22. United States Cellular closed at $22.88 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Canadian National Railway Co (NYSE:CNI) was changed from Neutral to Sell. For the third quarter, Canadian National Railway had an EPS of $1.63, compared to year-ago quarter EPS of $1.21. The current stock performance of Canadian National Railway shows a 52-week-high of $137.19 and a 52-week-low of $103.79. Moreover, at the end of the last trading period, the closing price was at $123.08.

According to Barclays, the prior rating for Ranger Energy Services Inc (NYSE:RNGR) was changed from Overweight to Equal-Weight. Ranger Energy Services earned $0.54 in the third quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $11.87 and a 52-week-low of $8.40. At the end of the last trading period, Ranger Energy Services closed at $11.16.

Mizuho downgraded the previous rating for Kimco Realty Corp (NYSE:KIM) from Buy to Neutral. In the third quarter, Kimco Realty showed an EPS of $0.41, compared to $0.32 from the year-ago quarter. The current stock performance of Kimco Realty shows a 52-week-high of $26.57 and a 52-week-low of $17.71. Moreover, at the end of the last trading period, the closing price was at $21.09.

Mizuho downgraded the previous rating for SITE Centers Corp (NYSE:SITC) from Buy to Neutral. For the third quarter, SITE Centers had an EPS of $0.29, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $17.22 and a 52-week-low of $10.42. At the end of the last trading period, SITE Centers closed at $12.95.

For NetApp Inc (NASDAQ:NTAP), Barclays downgraded the previous rating of Overweight to Equal-Weight. For the second quarter, NetApp had an EPS of $1.48, compared to year-ago quarter EPS of $1.28. The current stock performance of NetApp shows a 52-week-high of $96.82 and a 52-week-low of $58.08. Moreover, at the end of the last trading period, the closing price was at $63.80.

For C.H. Robinson Worldwide Inc (NASDAQ:CHRW), Goldman Sachs downgraded the previous rating of Buy to Neutral. For the third quarter, C.H. Robinson Worldwide had an EPS of $1.78, compared to year-ago quarter EPS of $1.85. The stock has a 52-week-high of $121.23 and a 52-week-low of $86.57. At the end of the last trading period, C.H. Robinson Worldwide closed at $93.36.

RBC Capital downgraded the previous rating for Box Inc (NYSE:BOX) from Sector Perform to Underperform. For the third quarter, Box had an EPS of $0.31, compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $33.04 and a 52-week-low of $22.31. At the end of the last trading period, Box closed at $29.84.

Truist Securities downgraded the previous rating for ZoomInfo Technologies Inc (NASDAQ:ZI) from Buy to Hold. ZoomInfo Technologies earned $0.24 in the third quarter, compared to $0.13 in the year-ago quarter. The current stock performance of ZoomInfo Technologies shows a 52-week-high of $61.44 and a 52-week-low of $23.29. Moreover, at the end of the last trading period, the closing price was at $25.98.

Citigroup downgraded the previous rating for The AZEK Co Inc (NYSE:AZEK) from Buy to Neutral. AZEK Co earned $0.16 in the fourth quarter, compared to $0.32 in the year-ago quarter. The current stock performance of AZEK Co shows a 52-week-high of $44.31 and a 52-week-low of $15.12. Moreover, at the end of the last trading period, the closing price was at $22.71.

Evercore ISI Group downgraded the previous rating for The Hartford Financial Services Group Inc (NYSE:HIG) from Outperform to In-Line. In the third quarter, Hartford Finl Servs Gr showed an EPS of $1.44, compared to $1.26 from the year-ago quarter. The stock has a 52-week-high of $79.44 and a 52-week-low of $60.16. At the end of the last trading period, Hartford Finl Servs Gr closed at $76.85.

For Euronav NV (NYSE:EURN), Stifel downgraded the previous rating of Buy to Hold. For the third quarter, Euronav had an EPS of $0.08, compared to year-ago quarter EPS of $0.53. At the moment, the stock has a 52-week-high of $21.00 and a 52-week-low of $7.91. Euronav closed at $15.94 at the end of the last trading period.

For Amryt Pharma PLC (NASDAQ:AMYT), Cantor Fitzgerald downgraded the previous rating of Overweight to Neutral. For the third quarter, Amryt Pharma had an EPS of $0.06, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $14.64 and a 52-week-low of $5.61. At the end of the last trading period, Amryt Pharma closed at $14.51.

According to UBS, the prior rating for Regions Financial Corp (NYSE:RF) was changed from Buy to Neutral. In the third quarter, Regions Financial showed an EPS of $0.56, compared to $0.66 from the year-ago quarter. The stock has a 52-week-high of $25.57 and a 52-week-low of $18.01. At the end of the last trading period, Regions Financial closed at $22.09.

William Blair downgraded the previous rating for ON Semiconductor Corp (NASDAQ:ON) from Outperform to Market Perform. In the third quarter, ON Semiconductor showed an EPS of $1.45, compared to $0.87 from the year-ago quarter. The current stock performance of ON Semiconductor shows a 52-week-high of $77.28 and a 52-week-low of $44.76. Moreover, at the end of the last trading period, the closing price was at $64.65.

According to Barclays, the prior rating for Hewlett Packard Enterprise Co (NYSE:HPE) was changed from Overweight to Equal-Weight. Hewlett Packard earned $0.57 in the fourth quarter, compared to $0.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.76 and a 52-week-low of $11.90. Hewlett Packard closed at $16.96 at the end of the last trading period.

According to Canaccord Genuity, the prior rating for Amryt Pharma PLC (NASDAQ:AMYT) was changed from Buy to Hold. Amryt Pharma earned $0.06 in the third quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $14.64 and a 52-week-low of $5.61. At the end of the last trading period, Amryt Pharma closed at $14.51.

William Blair downgraded the previous rating for Duck Creek Technologies Inc (NASDAQ:DCT) from Outperform to Market Perform. For the first quarter, Duck Creek Technologies had an EPS of $0.02, compared to year-ago quarter EPS of $0.04. The current stock performance of Duck Creek Technologies shows a 52-week-high of $32.49 and a 52-week-low of $10.04. Moreover, at the end of the last trading period, the closing price was at $19.03.

According to Wells Fargo, the prior rating for RBC Bearings Inc (NYSE:RBC) was changed from Overweight to Equal-Weight. RBC Bearings earned $1.93 in the second quarter, compared to $0.89 in the year-ago quarter. The stock has a 52-week-high of $256.29 and a 52-week-low of $202.12. At the end of the last trading period, RBC Bearings closed at $216.07.

For PACCAR Inc (NASDAQ:PCAR), Wolfe Research downgraded the previous rating of Peer Perform to Underperform. In the third quarter, PACCAR showed an EPS of $2.21, compared to $1.08 from the year-ago quarter. The stock has a 52-week-high of $107.18 and a 52-week-low of $77.00. At the end of the last trading period, PACCAR closed at $99.79.

For Suncor Energy Inc (NYSE:SU), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Suncor Energy had an EPS of $1.44, compared to year-ago quarter EPS of $0.56. The current stock performance of Suncor Energy shows a 52-week-high of $42.72 and a 52-week-low of $25.27. Moreover, at the end of the last trading period, the closing price was at $31.53.

According to BTIG, the prior rating for Paya Holdings Inc (NASDAQ:PAYA) was changed from Buy to Neutral. In the third quarter, Paya Holdings showed an EPS of $0.09, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $9.72 and a 52-week-low of $4.51. At the end of the last trading period, Paya Holdings closed at $9.69.

For Mercer International Inc (NASDAQ:MERC), CIBC downgraded the previous rating of Outperformer to Neutral. For the third quarter, Mercer Intl had an EPS of $1.00, compared to year-ago quarter EPS of $1.04. The stock has a 52-week-high of $17.50 and a 52-week-low of $10.83. At the end of the last trading period, Mercer Intl closed at $12.34.

For Comstock Resources Inc (NYSE:CRK), Mizuho downgraded the previous rating of Buy to Neutral. In the third quarter, Comstock Res showed an EPS of $1.18, compared to $0.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.11 and a 52-week-low of $6.88. Comstock Res closed at $12.83 at the end of the last trading period.

For Phillips 66 (NYSE:PSX), Mizuho downgraded the previous rating of Buy to Neutral. Phillips 66 earned $6.46 in the third quarter, compared to $3.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $113.53 and a 52-week-low of $73.85. Phillips 66 closed at $102.01 at the end of the last trading period.

According to Mizuho, the prior rating for Chevron Corp (NYSE:CVX) was changed from Buy to Neutral. Chevron earned $5.56 in the third quarter, compared to $2.96 in the year-ago quarter. The current stock performance of Chevron shows a 52-week-high of $189.68 and a 52-week-low of $122.84. Moreover, at the end of the last trading period, the closing price was at $175.18.

According to Mizuho, the prior rating for Delek US Holdings Inc (NYSE:DK) was changed from Neutral to Underperform. Delek US Hldgs earned $0.02 in the third quarter, compared to $0.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.45 and a 52-week-low of $14.71. Delek US Hldgs closed at $24.40 at the end of the last trading period.

According to Mizuho, the prior rating for Hess Corp (NYSE:HES) was changed from Buy to Neutral. For the third quarter, Hess had an EPS of $1.89, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $149.83 and a 52-week-low of $83.11. Hess closed at $144.22 at the end of the last trading period.

According to Mizuho, the prior rating for Marathon Oil Corp (NYSE:MRO) was changed from Buy to Neutral. Marathon Oil earned $1.24 in the third quarter, compared to $0.39 in the year-ago quarter. The current stock performance of Marathon Oil shows a 52-week-high of $33.42 and a 52-week-low of $17.02. Moreover, at the end of the last trading period, the closing price was at $27.03.

According to Mizuho, the prior rating for Marathon Petroleum Corp (NYSE:MPC) was changed from Buy to Neutral. Marathon Petroleum earned $7.81 in the third quarter, compared to $0.73 in the year-ago quarter. At the moment, the stock has a 52-week-high of $127.62 and a 52-week-low of $67.49. Marathon Petroleum closed at $115.76 at the end of the last trading period.

Jefferies downgraded the previous rating for Ally Financial Inc (NYSE:ALLY) from Buy to Hold. In the third quarter, Ally Financial showed an EPS of $1.12, compared to $2.16 from the year-ago quarter. The current stock performance of Ally Financial shows a 52-week-high of $53.83 and a 52-week-low of $22.34. Moreover, at the end of the last trading period, the closing price was at $26.20.

According to Jefferies, the prior rating for Capital One Financial Corp (NYSE:COF) was changed from Buy to Hold. Capital One Financial earned $4.20 in the third quarter, compared to $6.86 in the year-ago quarter. The current stock performance of Capital One Financial shows a 52-week-high of $162.40 and a 52-week-low of $86.98. Moreover, at the end of the last trading period, the closing price was at $97.45.

RBC Capital downgraded the previous rating for The Chemours Co (NYSE:CC) from Outperform to Sector Perform. For the third quarter, Chemours had an EPS of $1.24, compared to year-ago quarter EPS of $1.27. The stock has a 52-week-high of $44.95 and a 52-week-low of $22.56. At the end of the last trading period, Chemours closed at $32.55.

RBC Capital downgraded the previous rating for PPG Industries Inc (NYSE:PPG) from Outperform to Sector Perform. For the third quarter, PPG Indus had an EPS of $1.66, compared to year-ago quarter EPS of $1.69. At the moment, the stock has a 52-week-high of $171.12 and a 52-week-low of $107.06. PPG Indus closed at $128.87 at the end of the last trading period.

According to Credit Suisse, the prior rating for Paya Holdings Inc (NASDAQ:PAYA) was changed from Outperform to Neutral. Paya Holdings earned $0.09 in the third quarter, compared to $0.04 in the year-ago quarter. The current stock performance of Paya Holdings shows a 52-week-high of $9.72 and a 52-week-low of $4.51. Moreover, at the end of the last trading period, the closing price was at $9.69.

Barclays downgraded the previous rating for Dynatrace Inc (NYSE:DT) from Overweight to Equal-Weight. In the second quarter, Dynatrace showed an EPS of $0.22, compared to $0.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $59.15 and a 52-week-low of $29.41. Dynatrace closed at $36.89 at the end of the last trading period.

According to RBC Capital, the prior rating for Rayonier Advanced Materials Inc (NYSE:RYAM) was changed from Outperform to Sector Perform. For the third quarter, Rayonier Adv Materials had an EPS of $0.28, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $9.84 and a 52-week-low of $2.44. Rayonier Adv Materials closed at $9.16 at the end of the last trading period.

Canaccord Genuity downgraded the previous rating for Paya Holdings Inc (NASDAQ:PAYA) from Buy to Hold. For the third quarter, Paya Holdings had an EPS of $0.09, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $9.72 and a 52-week-low of $4.51. At the end of the last trading period, Paya Holdings closed at $9.69.

For Paya Holdings Inc (NASDAQ:PAYA), Raymond James downgraded the previous rating of Outperform to Market Perform. For the third quarter, Paya Holdings had an EPS of $0.09, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $9.72 and a 52-week-low of $4.51. At the end of the last trading period, Paya Holdings closed at $9.69.

See all analyst ratings downgrades.

Initiations

UBS initiated coverage on Watsco Inc (NYSE:WSO) with a Neutral rating. The price target for Watsco is set to $280.00. Watsco earned $4.03 in the third quarter, compared to $3.62 in the year-ago quarter. The current stock performance of Watsco shows a 52-week-high of $311.86 and a 52-week-low of $220.68. Moreover, at the end of the last trading period, the closing price was at $264.66.

Mizuho initiated coverage on Crescent Energy Co (NYSE:CRGY) with a Buy rating. The price target for Crescent Energy is set to $19.00. The current stock performance of Crescent Energy shows a 52-week-high of $19.65 and a 52-week-low of $10.83. Moreover, at the end of the last trading period, the closing price was at $11.34.

With an Outperform rating, BMO Capital initiated coverage on Osiris Acquisition Corp (NYSE:OSI). The price target seems to have been set at $1.60 for Osiris Acquisition.

Mizuho initiated coverage on Earthstone Energy Inc (NYSE:ESTE) with a Neutral rating. The price target for Earthstone Energy is set to $19.00. In the third quarter, Earthstone Energy showed an EPS of $1.30, compared to $0.35 from the year-ago quarter. The current stock performance of Earthstone Energy shows a 52-week-high of $22.25 and a 52-week-low of $10.65. Moreover, at the end of the last trading period, the closing price was at $13.60.

Mizuho initiated coverage on PDC Energy Inc (NASDAQ:PDCE) with a Buy rating. The price target for PDC Energy is set to $97.00. For the third quarter, PDC Energy had an EPS of $3.77, compared to year-ago quarter EPS of $2.33. The current stock performance of PDC Energy shows a 52-week-high of $89.22 and a 52-week-low of $51.00. Moreover, at the end of the last trading period, the closing price was at $61.89.

With a Neutral rating, Mizuho initiated coverage on Permian Resources Corp (NYSE:PR). The price target seems to have been set at $13.00 for Permian Resources. The stock has a 52-week-high of $11.43 and a 52-week-low of $6.12. At the end of the last trading period, Permian Resources closed at $8.97.

With a Buy rating, Mizuho initiated coverage on California Resources Corp (NYSE:CRC). The price target seems to have been set at $60.00 for California Resources. In the third quarter, California Resources showed an EPS of $1.45, compared to $1.83 from the year-ago quarter. The current stock performance of California Resources shows a 52-week-high of $51.46 and a 52-week-low of $35.95. Moreover, at the end of the last trading period, the closing price was at $42.99.

With a Buy rating, Mizuho initiated coverage on SM Energy Co (NYSE:SM). The price target seems to have been set at $51.00 for SM Energy. SM Energy earned $1.82 in the third quarter, compared to $0.74 in the year-ago quarter. The current stock performance of SM Energy shows a 52-week-high of $54.97 and a 52-week-low of $28.91. Moreover, at the end of the last trading period, the closing price was at $30.68.

Mizuho initiated coverage on Callon Petroleum Co (NYSE:CPE) with a Buy rating. The price target for Callon Petroleum is set to $59.00. In the third quarter, Callon Petroleum showed an EPS of $4.04, compared to $2.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $66.48 and a 52-week-low of $31.23. Callon Petroleum closed at $35.94 at the end of the last trading period.

Mizuho initiated coverage on CNX Resources Corp (NYSE:CNX) with an Underperform rating. The price target for CNX Resources is set to $19.00. CNX Resources earned $0.53 in the third quarter, compared to $0.74 in the year-ago quarter. At the moment, the stock has a 52-week-high of $24.21 and a 52-week-low of $14.11. CNX Resources closed at $16.21 at the end of the last trading period.

Mizuho initiated coverage on Civitas Resources Inc (NYSE:CIVI) with a Neutral rating. The price target for Civitas Resources is set to $71.00. For the third quarter, Civitas Resources had an EPS of $3.56, compared to year-ago quarter EPS of $1.79. The current stock performance of Civitas Resources shows a 52-week-high of $84.76 and a 52-week-low of $44.17. Moreover, at the end of the last trading period, the closing price was at $56.68.

Mizuho initiated coverage on Chord Energy Corp (NASDAQ:CHRD) with a Buy rating. The price target for Chord Energy is set to $196.00. At the moment, the stock has a 52-week-high of $164.79 and a 52-week-low of $93.35. Chord Energy closed at $130.01 at the end of the last trading period.

With a Buy rating, Mizuho initiated coverage on Chesapeake Energy Corp (NASDAQ:CHK). The price target seems to have been set at $155.00 for Chesapeake Energy. For the third quarter, Chesapeake Energy had an EPS of $5.06, compared to year-ago quarter EPS of $2.38. At the moment, the stock has a 52-week-high of $107.31 and a 52-week-low of $61.45. Chesapeake Energy closed at $89.19 at the end of the last trading period.

Mizuho initiated coverage on Gulfport Energy Corp (NYSE:GPOR) with a Neutral rating. The price target for Gulfport Energy is set to $92.00. Gulfport Energy earned $3.69 in the third quarter, compared to $3.50 in the year-ago quarter. The current stock performance of Gulfport Energy shows a 52-week-high of $108.10 and a 52-week-low of $60.46. Moreover, at the end of the last trading period, the closing price was at $78.63.

With a Neutral rating, Mizuho initiated coverage on Matador Resources Co (NYSE:MTDR). The price target seems to have been set at $70.00 for Matador Resources. In the third quarter, Matador Resources showed an EPS of $2.68, compared to $1.25 from the year-ago quarter. The stock has a 52-week-high of $73.78 and a 52-week-low of $37.50. At the end of the last trading period, Matador Resources closed at $56.32.

Mizuho initiated coverage on Magnolia Oil & Gas Corp (NYSE:MGY) with a Buy rating. The price target for Magnolia Oil & Gas is set to $32.00. For the third quarter, Magnolia Oil & Gas had an EPS of $1.29, compared to year-ago quarter EPS of $0.67. The current stock performance of Magnolia Oil & Gas shows a 52-week-high of $30.31 and a 52-week-low of $18.01. Moreover, at the end of the last trading period, the closing price was at $22.63.

See all analyst ratings initiations.