Benzinga's Top Ratings Upgrades, Downgrades For March 10, 2023
Upgrades
Jefferies upgraded the previous rating for Roblox Corp (NYSE:RBLX) from Hold to Buy. In the fourth quarter, Roblox showed an EPS of $0.48, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $53.88 and a 52-week-low of $21.65. At the end of the last trading period, Roblox closed at $39.94.
According to Piper Sandler, the prior rating for Ameresco Inc (NYSE:AMRC) was changed from Neutral to Overweight. In the fourth quarter, Ameresco showed an EPS of $0.35, compared to $0.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $86.73 and a 52-week-low of $40.73. Ameresco closed at $44.51 at the end of the last trading period.
Piper Sandler upgraded the previous rating for KeyCorp (NYSE:KEY) from Underweight to Neutral. For the fourth quarter, KeyCorp had an EPS of $0.38, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $24.71 and a 52-week-low of $15.26. At the end of the last trading period, KeyCorp closed at $16.07.
According to Baird, the prior rating for KeyCorp (NYSE:KEY) was changed from Neutral to Outperform. For the fourth quarter, KeyCorp had an EPS of $0.38, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $24.71 and a 52-week-low of $15.26. At the end of the last trading period, KeyCorp closed at $16.07.
According to Citigroup, the prior rating for Silk Road Medical Inc (NASDAQ:SILK) was changed from Sell to Neutral. Silk Road Medical earned $0.34 in the fourth quarter, compared to $0.42 in the year-ago quarter. The current stock performance of Silk Road Medical shows a 52-week-high of $58.04 and a 52-week-low of $27.30. Moreover, at the end of the last trading period, the closing price was at $44.57.
Mizuho upgraded the previous rating for Marathon Petroleum Corp (NYSE:MPC) from Neutral to Buy. In the fourth quarter, Marathon Petroleum showed an EPS of $6.65, compared to $1.30 from the year-ago quarter. The stock has a 52-week-high of $136.46 and a 52-week-low of $73.17. At the end of the last trading period, Marathon Petroleum closed at $128.38.
Barclays upgraded the previous rating for United Airlines Holdings Inc (NASDAQ:UAL) from Equal-Weight to Overweight. For the fourth quarter, United Airlines Holdings had an EPS of $2.46, compared to year-ago quarter EPS of $1.60. At the moment, the stock has a 52-week-high of $55.04 and a 52-week-low of $31.58. United Airlines Holdings closed at $52.12 at the end of the last trading period.
Barclays upgraded the previous rating for Alaska Air Group Inc (NYSE:ALK) from Equal-Weight to Overweight. For the fourth quarter, Alaska Air Gr had an EPS of $0.92, compared to year-ago quarter EPS of $0.24. At the moment, the stock has a 52-week-high of $61.55 and a 52-week-low of $38.19. Alaska Air Gr closed at $47.52 at the end of the last trading period.
According to Piper Sandler, the prior rating for Zimmer Biomet Holdings Inc (NYSE:ZBH) was changed from Neutral to Overweight. In the fourth quarter, Zimmer Biomet Holdings showed an EPS of $1.88, compared to $1.95 from the year-ago quarter. At the moment, the stock has a 52-week-high of $135.05 and a 52-week-low of $100.39. Zimmer Biomet Holdings closed at $122.35 at the end of the last trading period.
Piper Sandler upgraded the previous rating for Riskified Ltd (NYSE:RSKD) from Neutral to Overweight. Riskified earned $0.03 in the fourth quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $6.79 and a 52-week-low of $3.43. At the end of the last trading period, Riskified closed at $5.38.
See all analyst ratings upgrades.
Downgrades
For Fulcrum Therapeutics Inc (NASDAQ:FULC), HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. For the fourth quarter, Fulcrum Therapeutics had an EPS of $0.50, compared to year-ago quarter EPS of $0.58. The stock has a 52-week-high of $24.79 and a 52-week-low of $3.21. At the end of the last trading period, Fulcrum Therapeutics closed at $4.82.
According to Guggenheim, the prior rating for Allbirds Inc (NASDAQ:BIRD) was changed from Buy to Neutral. Allbirds earned $0.17 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.85 and a 52-week-low of $2.14. Allbirds closed at $2.36 at the end of the last trading period.
According to LightShed Partners, the prior rating for Apple Inc (NASDAQ:AAPL) was changed from Neutral to Sell. For the first quarter, Apple had an EPS of $1.88, compared to year-ago quarter EPS of $2.10. The current stock performance of Apple shows a 52-week-high of $179.61 and a 52-week-low of $124.17. Moreover, at the end of the last trading period, the closing price was at $150.59.
Keefe, Bruyette & Woods downgraded the previous rating for First Eagle Alternative Capital BDC Inc (NASDAQ:FCRD) from to Market Perform. In the third quarter, First Eagle Alternative showed an EPS of $0.13, compared to $0.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $4.91 and a 52-week-low of $2.74. First Eagle Alternative closed at $4.54 at the end of the last trading period.
TD Cowen downgraded the previous rating for Inseego Corp (NASDAQ:INSG) from Outperform to Market Perform. Inseego earned $0.11 in the fourth quarter, compared to $0.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $4.92 and a 52-week-low of $0.75. Inseego closed at $0.75 at the end of the last trading period.
Zelman & Assoc downgraded the previous rating for Beacon Roofing Supply Inc (NASDAQ:BECN) from Hold to Sell. For the first quarter, Beacon Roofing Supply had an EPS of $1.40, compared to year-ago quarter EPS of $1.47. At the moment, the stock has a 52-week-high of $68.31 and a 52-week-low of $45.71. Beacon Roofing Supply closed at $64.65 at the end of the last trading period.
BMO Capital downgraded the previous rating for Stepan Co (NYSE:SCL) from Outperform to Market Perform. For the fourth quarter, Stepan had an EPS of $0.59, compared to year-ago quarter EPS of $0.97. The stock has a 52-week-high of $116.72 and a 52-week-low of $91.64. At the end of the last trading period, Stepan closed at $98.60.
According to JP Morgan, the prior rating for DocuSign Inc (NASDAQ:DOCU) was changed from Neutral to Underweight. In the fourth quarter, DocuSign showed an EPS of $0.65, compared to $0.48 from the year-ago quarter. At the moment, the stock has a 52-week-high of $113.67 and a 52-week-low of $39.57. DocuSign closed at $64.41 at the end of the last trading period.
For Southwest Airlines Co (NYSE:LUV), Barclays downgraded the previous rating of Overweight to Equal-Weight. Southwest Airlines earned $0.38 in the fourth quarter, compared to $0.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.10 and a 52-week-low of $30.20. Southwest Airlines closed at $33.08 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Stride Inc (NYSE:LRN) was changed from Overweight to Equal-Weight. In the second quarter, Stride showed an EPS of $1.19, compared to $1.00 from the year-ago quarter. The stock has a 52-week-high of $47.35 and a 52-week-low of $30.66. At the end of the last trading period, Stride closed at $43.12.
For SVB Financial Group (NASDAQ:SIVB), Raymond James downgraded the previous rating of Outperform to Market Perform. In the fourth quarter, SVB Finl Gr showed an EPS of $4.62, compared to $6.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $597.16 and a 52-week-low of $100.00. SVB Finl Gr closed at $106.04 at the end of the last trading period.
Truist Securities downgraded the previous rating for SVB Financial Group (NASDAQ:SIVB) from Buy to Hold. SVB Finl Gr earned $4.62 in the fourth quarter, compared to $6.22 in the year-ago quarter. The current stock performance of SVB Finl Gr shows a 52-week-high of $597.16 and a 52-week-low of $100.00. Moreover, at the end of the last trading period, the closing price was at $106.04.
According to UBS, the prior rating for Caterpillar Inc (NYSE:CAT) was changed from Neutral to Sell. Caterpillar earned $3.86 in the fourth quarter, compared to $2.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of $266.04 and a 52-week-low of $160.60. Caterpillar closed at $240.96 at the end of the last trading period.
Wolfe Research downgraded the previous rating for SVB Financial Group (NASDAQ:SIVB) from Outperform to Peer Perform. SVB Finl Gr earned $4.62 in the fourth quarter, compared to $6.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $597.16 and a 52-week-low of $100.00. SVB Finl Gr closed at $106.04 at the end of the last trading period.
According to Piper Sandler, the prior rating for a.k.a. Brands Holding Corp (NYSE:AKA) was changed from Overweight to Neutral. In the fourth quarter, a.k.a. Brands Holding showed an EPS of $0.03, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of $4.92 and a 52-week-low of $1.12. At the end of the last trading period, a.k.a. Brands Holding closed at $1.33.
Jefferies downgraded the previous rating for BioXcel Therapeutics Inc (NASDAQ:BTAI) from Buy to Hold. In the fourth quarter, BioXcel Therapeutics showed an EPS of $1.95, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.12 and a 52-week-low of $8.79. BioXcel Therapeutics closed at $24.56 at the end of the last trading period.
According to Credit Suisse, the prior rating for Fulcrum Therapeutics Inc (NASDAQ:FULC) was changed from Outperform to Neutral. In the fourth quarter, Fulcrum Therapeutics showed an EPS of $0.50, compared to $0.58 from the year-ago quarter. The current stock performance of Fulcrum Therapeutics shows a 52-week-high of $24.79 and a 52-week-low of $3.21. Moreover, at the end of the last trading period, the closing price was at $4.82.
For Allbirds Inc (NASDAQ:BIRD), Baird downgraded the previous rating of Outperform to Neutral. For the fourth quarter, Allbirds had an EPS of $0.17, compared to year-ago quarter EPS of $0.09. The current stock performance of Allbirds shows a 52-week-high of $6.85 and a 52-week-low of $2.14. Moreover, at the end of the last trading period, the closing price was at $2.36.
According to Barclays, the prior rating for Allegiant Travel Co (NASDAQ:ALGT) was changed from Overweight to Equal-Weight. For the fourth quarter, Allegiant Travel had an EPS of $3.17, compared to year-ago quarter EPS of $1.18. At the moment, the stock has a 52-week-high of $176.56 and a 52-week-low of $62.94. Allegiant Travel closed at $100.77 at the end of the last trading period.
For Allbirds Inc (NASDAQ:BIRD), Telsey Advisory Group downgraded the previous rating of Outperform to Market Perform. For the fourth quarter, Allbirds had an EPS of $0.17, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $6.85 and a 52-week-low of $2.14. At the end of the last trading period, Allbirds closed at $2.36.
For a.k.a. Brands Holding Corp (NYSE:AKA), Telsey Advisory Group downgraded the previous rating of Outperform to Market Perform. a.k.a. Brands Holding earned $0.03 in the fourth quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $4.92 and a 52-week-low of $1.12. At the end of the last trading period, a.k.a. Brands Holding closed at $1.33.
See all analyst ratings downgrades.
Initiations
Maxim Group initiated coverage on Aprea Therapeutics Inc (NASDAQ:APRE) with a Buy rating. The price target for Aprea Therapeutics is set to $16.00. In the third quarter, Aprea Therapeutics showed an EPS of $2.40, compared to $9.00 from the year-ago quarter. The stock has a 52-week-high of $9.90 and a 52-week-low of $0.30. At the end of the last trading period, Aprea Therapeutics closed at $5.08.
TD Cowen initiated coverage on Vertex Energy Inc (NASDAQ:VTNR) with a Market Perform rating. The price target for Vertex Energy is set to $8.00. For the fourth quarter, Vertex Energy had an EPS of $0.56, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $18.10 and a 52-week-low of $5.42. Vertex Energy closed at $9.36 at the end of the last trading period.
With a Buy rating, Loop Capital initiated coverage on Cross Country Healthcare Inc (NASDAQ:CCRN). The price target seems to have been set at $30.00 for Cross Country Healthcare. For the fourth quarter, Cross Country Healthcare had an EPS of $1.09, compared to year-ago quarter EPS of $1.40. The stock has a 52-week-high of $40.12 and a 52-week-low of $15.26. At the end of the last trading period, Cross Country Healthcare closed at $25.36.
UBS initiated coverage on McCormick & Co Inc (NYSE:MKC) with a Sell rating. The price target for McCormick & Co is set to $71.00. McCormick & Co earned $0.73 in the fourth quarter, compared to $0.84 in the year-ago quarter. At the moment, the stock has a 52-week-high of $105.19 and a 52-week-low of $71.19. McCormick & Co closed at $72.00 at the end of the last trading period.
With a Neutral rating, Janney Montgomery Scott initiated coverage on Farmers National Banc Corp (NASDAQ:FMNB). The price target seems to have been set at $14.00 for Farmers National Banc. Farmers National Banc earned $0.42 in the fourth quarter, compared to $0.50 in the year-ago quarter. The current stock performance of Farmers National Banc shows a 52-week-high of $17.75 and a 52-week-low of $12.41. Moreover, at the end of the last trading period, the closing price was at $13.13.
JonesTrading initiated coverage on Omega Therapeutics Inc (NASDAQ:OMGA) with a Buy rating. The price target for Omega Therapeutics is set to $11.00. In the fourth quarter, Omega Therapeutics showed an EPS of $0.64, compared to $0.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.98 and a 52-week-low of $1.98. Omega Therapeutics closed at $6.98 at the end of the last trading period.
With a Neutral rating, Citigroup initiated coverage on Sunrun Inc (NASDAQ:RUN). The price target seems to have been set at $27.00 for Sunrun. Sunrun earned $0.29 in the fourth quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $39.13 and a 52-week-low of $16.80. At the end of the last trading period, Sunrun closed at $23.64.
Citigroup initiated coverage on SunPower Corp (NASDAQ:SPWR) with a Neutral rating. The price target for SunPower is set to $16.50. SunPower earned $0.15 in the fourth quarter, compared to $0.07 in the year-ago quarter. The current stock performance of SunPower shows a 52-week-high of $28.42 and a 52-week-low of $12.78. Moreover, at the end of the last trading period, the closing price was at $15.44.
Citigroup initiated coverage on Shoals Technologies Group Inc (NASDAQ:SHLS) with a Buy rating. The price target for Shoals Technologies Gr is set to $34.00. In the fourth quarter, Shoals Technologies Gr showed an EPS of $0.15, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $32.43 and a 52-week-low of $9.58. At the end of the last trading period, Shoals Technologies Gr closed at $23.20.
With a Buy rating, Roth MKM initiated coverage on Chewy Inc (NYSE:CHWY). The price target seems to have been set at $52.00 for Chewy. Chewy earned $0.01 in the third quarter, compared to $0.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.88 and a 52-week-low of $22.22. Chewy closed at $39.88 at the end of the last trading period.
With a Neutral rating, Citigroup initiated coverage on Array Technologies Inc (NASDAQ:ARRY). The price target seems to have been set at $24.00 for Array Technologies. For the third quarter, Array Technologies had an EPS of $0.18, compared to year-ago quarter EPS of $0.07. At the moment, the stock has a 52-week-high of $24.59 and a 52-week-low of $5.45. Array Technologies closed at $20.67 at the end of the last trading period.
Roth MKM initiated coverage on Intuitive Machines Inc (NASDAQ:LUNR) with a Buy rating. The price target for Intuitive Machines is set to $20.00. The current stock performance of Intuitive Machines shows a 52-week-high of $136.00 and a 52-week-low of $8.55. Moreover, at the end of the last trading period, the closing price was at $16.19.
With an Outperform rating, RBC Capital initiated coverage on Privia Health Group Inc (NASDAQ:PRVA). The price target seems to have been set at $36.00 for Privia Health Gr. For the fourth quarter, Privia Health Gr had an EPS of $0.13, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $44.64 and a 52-week-low of $17.99. Privia Health Gr closed at $27.72 at the end of the last trading period.
Oppenheimer initiated coverage on Pool Corp (NASDAQ:POOL) with an Outperform rating. The price target for Pool is set to $408.00. For the fourth quarter, Pool had an EPS of $1.82, compared to year-ago quarter EPS of $2.63. At the moment, the stock has a 52-week-high of $488.75 and a 52-week-low of $278.10. Pool closed at $349.04 at the end of the last trading period.
With an Outperform rating, Oppenheimer initiated coverage on Voyager Therapeutics Inc (NASDAQ:VYGR). The price target seems to have been set at $14.00 for Voyager Therapeutics. For the fourth quarter, Voyager Therapeutics had an EPS of $0.61, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $10.81 and a 52-week-low of $4.61. Voyager Therapeutics closed at $7.91 at the end of the last trading period.