Benzinga's Top Ratings Upgrades, Downgrades For November 30, 2022
Upgrades
For Avadel Pharmaceuticals PLC (NASDAQ:AVDL), Jefferies upgraded the previous rating of Hold to Buy. In the third quarter, Avadel Pharmaceuticals showed an EPS of $0.33, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $9.68 and a 52-week-low of $1.05. At the end of the last trading period, Avadel Pharmaceuticals closed at $7.84.
According to Baird, the prior rating for The Cooper Companies Inc (NYSE:COO) was changed from Neutral to Outperform. Cooper Companies earned $3.19 in the third quarter, compared to $3.41 in the year-ago quarter. The stock has a 52-week-high of $430.67 and a 52-week-low of $244.22. At the end of the last trading period, Cooper Companies closed at $307.44.
B of A Securities upgraded the previous rating for Consolidated Edison Inc (NYSE:ED) from Underperform to Neutral. For the third quarter, Consolidated Edison had an EPS of $1.63, compared to year-ago quarter EPS of $1.41. At the moment, the stock has a 52-week-high of $102.21 and a 52-week-low of $77.50. Consolidated Edison closed at $96.30 at the end of the last trading period.
Cantor Fitzgerald upgraded the previous rating for SoundHound AI Inc (NASDAQ:SOUN) from Neutral to Overweight. At the moment, the stock has a 52-week-high of $18.14 and a 52-week-low of $1.22. SoundHound AI closed at $1.32 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
According to Tudor Pickering, the prior rating for EQT Corp (NYSE:EQT) was changed from Buy to Hold. For the third quarter, EQT had an EPS of $1.04, compared to year-ago quarter EPS of $0.12. The current stock performance of EQT shows a 52-week-high of $51.97 and a 52-week-low of $17.95. Moreover, at the end of the last trading period, the closing price was at $42.66.
According to Lake Street, the prior rating for Apollo Endosurgery Inc (NASDAQ:APEN) was changed from Buy to Hold. For the third quarter, Apollo Endosurgery had an EPS of $0.28, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $10.30 and a 52-week-low of $3.49. At the end of the last trading period, Apollo Endosurgery closed at $10.07.
For Antero Resources Corp (NYSE:AR), Tudor Pickering downgraded the previous rating of Buy to Hold. Antero Resources earned $1.63 in the third quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Antero Resources shows a 52-week-high of $48.80 and a 52-week-low of $15.38. Moreover, at the end of the last trading period, the closing price was at $36.93.
According to Tudor Pickering, the prior rating for Coterra Energy Inc (NYSE:CTRA) was changed from Buy to Hold. For the third quarter, Coterra Energy had an EPS of $1.42, compared to year-ago quarter EPS of $0.52. The current stock performance of Coterra Energy shows a 52-week-high of $36.55 and a 52-week-low of $18.39. Moreover, at the end of the last trading period, the closing price was at $28.07.
Morgan Stanley downgraded the previous rating for LPL Financial Holdings Inc (NASDAQ:LPLA) from Overweight to Equal-Weight. In the third quarter, LPL Finl Hldgs showed an EPS of $3.13, compared to $1.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $271.56 and a 52-week-low of $140.65. LPL Finl Hldgs closed at $239.91 at the end of the last trading period.
According to DA Davidson, the prior rating for Solid Power Inc (NASDAQ:SLDP) was changed from Buy to Neutral. Solid Power earned $0.07 in the third quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Solid Power shows a 52-week-high of $14.85 and a 52-week-low of $4.28. Moreover, at the end of the last trading period, the closing price was at $4.29.
JonesTrading downgraded the previous rating for PennyMac Mortgage Investment Trust (NYSE:PMT) from Buy to Hold. PennyMac Mortgage earned $0.01 in the third quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $18.67 and a 52-week-low of $10.78. At the end of the last trading period, PennyMac Mortgage closed at $15.08.
According to B of A Securities, the prior rating for Carvana Co (NYSE:CVNA) was changed from Buy to Neutral. Carvana earned $2.67 in the third quarter, compared to $0.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $296.70 and a 52-week-low of $6.50. Carvana closed at $7.34 at the end of the last trading period.
According to Stifel, the prior rating for CrowdStrike Holdings Inc (NASDAQ:CRWD) was changed from Buy to Hold. CrowdStrike Holdings earned $0.40 in the third quarter, compared to $0.17 in the year-ago quarter. The current stock performance of CrowdStrike Holdings shows a 52-week-high of $242.00 and a 52-week-low of $120.50. Moreover, at the end of the last trading period, the closing price was at $138.00.
RBC Capital downgraded the previous rating for Methanex Corp (NASDAQ:MEOH) from Outperform to Sector Perform. In the third quarter, Methanex showed an EPS of $0.69, compared to $1.29 from the year-ago quarter. The stock has a 52-week-high of $56.79 and a 52-week-low of $28.73. At the end of the last trading period, Methanex closed at $40.38.
For Invitation Homes Inc (NYSE:INVH), Wolfe Research downgraded the previous rating of Outperform to Peer Perform. For the third quarter, Invitation Homes had an EPS of $0.42, compared to year-ago quarter EPS of $0.38. The current stock performance of Invitation Homes shows a 52-week-high of $45.80 and a 52-week-low of $29.56. Moreover, at the end of the last trading period, the closing price was at $31.92.
According to Wolfe Research, the prior rating for American Homes 4 Rent (NYSE:AMH) was changed from Outperform to Peer Perform. In the third quarter, American Homes 4 Rent showed an EPS of $0.33, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $44.07 and a 52-week-low of $29.31. At the end of the last trading period, American Homes 4 Rent closed at $32.51.
Piper Sandler downgraded the previous rating for Nutrien Ltd (NYSE:NTR) from Overweight to Neutral. Nutrien earned $2.51 in the third quarter, compared to $1.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $117.25 and a 52-week-low of $65.84. Nutrien closed at $81.64 at the end of the last trading period.
For MillerKnoll Inc (NASDAQ:MLKN), Benchmark downgraded the previous rating of Buy to Hold. In the first quarter, MillerKnoll showed an EPS of $0.44, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $41.69 and a 52-week-low of $15.54. MillerKnoll closed at $22.37 at the end of the last trading period.
According to Benchmark, the prior rating for Steelcase Inc (NYSE:SCS) was changed from Buy to Hold. In the second quarter, Steelcase showed an EPS of $0.21, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.93 and a 52-week-low of $6.52. Steelcase closed at $8.22 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
B of A Securities initiated coverage on RXO Inc (NYSE:RXO) with a Buy rating. The price target for RXO is set to $22.00. The stock has a 52-week-high of $20.86 and a 52-week-low of $15.17. At the end of the last trading period, RXO closed at $18.22.
UBS initiated coverage on West Pharmaceutical Services Inc (NYSE:WST) with a Neutral rating. The price target for West Pharmaceutical Servs is set to $250.00. West Pharmaceutical Servs earned $2.03 in the third quarter, compared to $2.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $475.00 and a 52-week-low of $206.19. West Pharmaceutical Servs closed at $223.50 at the end of the last trading period.
UBS initiated coverage on SJW Group (NYSE:SJW) with a Buy rating. The price target for SJW Gr is set to $85.00. For the third quarter, SJW Gr had an EPS of $0.82, compared to year-ago quarter EPS of $0.64. The current stock performance of SJW Gr shows a 52-week-high of $76.20 and a 52-week-low of $55.73. Moreover, at the end of the last trading period, the closing price was at $73.68.
With a Neutral rating, UBS initiated coverage on Forge Global Holdings Inc (NYSE:FRGE). The price target seems to have been set at $1.75 for Forge Global Holdings. Forge Global Holdings earned $0.12 in the third quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $47.50 and a 52-week-low of $1.29. Forge Global Holdings closed at $1.35 at the end of the last trading period.
UBS initiated coverage on California Water Service Group (NYSE:CWT) with a Neutral rating. The price target for California Water Servs Gr is set to $67.00. For the third quarter, California Water Servs Gr had an EPS of $1.03, compared to year-ago quarter EPS of $1.20. The stock has a 52-week-high of $72.08 and a 52-week-low of $48.46. At the end of the last trading period, California Water Servs Gr closed at $63.15.
UBS initiated coverage on American States Water Co (NYSE:AWR) with a Sell rating. The price target for American States Water is set to $92.00. American States Water earned $0.69 in the third quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $103.77 and a 52-week-low of $71.22. American States Water closed at $96.90 at the end of the last trading period.
JonesTrading initiated coverage on Seven Hills Realty Trust (NASDAQ:SEVN) with a Buy rating. The price target for Seven Hills Realty Trust is set to $13.00. Seven Hills Realty Trust earned $0.27 in the third quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.80 and a 52-week-low of $9.02. Seven Hills Realty Trust closed at $9.46 at the end of the last trading period.
For Choice Hotels International Inc (NYSE:CHH), Redburn Partners initiated coverage, by setting the current rating at Sell. In the third quarter, Choice Hotels Intl showed an EPS of $1.56, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $157.46 and a 52-week-low of $104.15. At the end of the last trading period, Choice Hotels Intl closed at $121.29.
For Marriott International Inc (NASDAQ:MAR), Redburn Partners initiated coverage, by setting the current rating at Sell. For the third quarter, Marriott Intl had an EPS of $1.69, compared to year-ago quarter EPS of $0.99. The current stock performance of Marriott Intl shows a 52-week-high of $195.90 and a 52-week-low of $131.01. Moreover, at the end of the last trading period, the closing price was at $161.26.
For Wyndham Hotels & Resorts Inc (NYSE:WH), Redburn Partners initiated coverage, by setting the current rating at Neutral. In the third quarter, Wyndham Hotels & Resorts showed an EPS of $1.21, compared to $1.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $93.86 and a 52-week-low of $58.81. Wyndham Hotels & Resorts closed at $72.91 at the end of the last trading period.
Redburn Partners initiated coverage on Hilton Worldwide Holdings Inc (NYSE:HLT) with a Neutral rating. Hilton Worldwide Holdings earned $1.31 in the third quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $167.99 and a 52-week-low of $108.41. Hilton Worldwide Holdings closed at $138.75 at the end of the last trading period.
For Hyatt Hotels Corp (NYSE:H), Redburn Partners initiated coverage, by setting the current rating at Buy. In the third quarter, Hyatt Hotels showed an EPS of $0.64, compared to $2.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $108.10 and a 52-week-low of $70.12. Hyatt Hotels closed at $98.06 at the end of the last trading period.
Janney Montgomery Scott initiated coverage on Civista Bancshares Inc (NASDAQ:CIVB) with a Buy rating. The price target for Civista Bancshares is set to $27.00. For the third quarter, Civista Bancshares had an EPS of $0.72, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $25.87 and a 52-week-low of $20.10. At the end of the last trading period, Civista Bancshares closed at $22.80.
With a Neutral rating, Janney Montgomery Scott initiated coverage on LCNB Corp (NASDAQ:LCNB). The price target seems to have been set at $19.00 for LCNB. LCNB earned $0.49 in the third quarter, compared to $0.39 in the year-ago quarter. The current stock performance of LCNB shows a 52-week-high of $20.41 and a 52-week-low of $14.73. Moreover, at the end of the last trading period, the closing price was at $18.42.
Jefferies initiated coverage on AppLovin Corp (NASDAQ:APP) with a Hold rating. The price target for AppLovin is set to $14.00. In the third quarter, AppLovin showed an EPS of $0.06, compared to $0.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $99.29 and a 52-week-low of $13.00. AppLovin closed at $13.44 at the end of the last trading period.
With a Buy rating, Jefferies initiated coverage on LSB Industries Inc (NYSE:LXU). The price target seems to have been set at $20.00 for LSB Industries. In the third quarter, LSB Industries showed an EPS of $0.27, compared to $0.07 from the year-ago quarter. The current stock performance of LSB Industries shows a 52-week-high of $27.45 and a 52-week-low of $8.12. Moreover, at the end of the last trading period, the closing price was at $14.85.
With an Overweight rating, Barclays initiated coverage on Immunocore Holdings PLC (NASDAQ:IMCR). The price target seems to have been set at $80.00 for Immunocore Hldgs. In the third quarter, Immunocore Hldgs showed an EPS of $0.13, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $69.06 and a 52-week-low of $18.43. Immunocore Hldgs closed at $60.47 at the end of the last trading period.
SVB Leerink initiated coverage on Fusion Pharmaceuticals Inc (NASDAQ:FUSN) with an Outperform rating. The price target for Fusion Pharmaceuticals is set to $6.00. Fusion Pharmaceuticals earned $0.55 in the third quarter, compared to $0.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.73 and a 52-week-low of $1.98. Fusion Pharmaceuticals closed at $2.16 at the end of the last trading period.
SVB Leerink initiated coverage on POINT Biopharma Global Inc (NASDAQ:PNT) with an Outperform rating. The price target for POINT Biopharma Global is set to $14.00. POINT Biopharma Global earned $0.26 in the third quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $10.98 and a 52-week-low of $4.25. At the end of the last trading period, POINT Biopharma Global closed at $6.66.
With a Hold rating, Jefferies initiated coverage on DocuSign Inc (NASDAQ:DOCU). The price target seems to have been set at $50.00 for DocuSign. In the second quarter, DocuSign showed an EPS of $0.44, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $255.40 and a 52-week-low of $39.57. At the end of the last trading period, DocuSign closed at $44.56.
For Tricon Residential Inc (NYSE:TCN), Wolfe Research initiated coverage, by setting the current rating at Peer Perform. For the third quarter, Tricon Residential had an EPS of $0.15, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $17.23 and a 52-week-low of $7.83. At the end of the last trading period, Tricon Residential closed at $8.45.
RBC Capital initiated coverage on AerSale Corp (NASDAQ:ASLE) with an Outperform rating. The price target for AerSale is set to $21.00. For the third quarter, AerSale had an EPS of $0.03, compared to year-ago quarter EPS of $0.22. The current stock performance of AerSale shows a 52-week-high of $21.76 and a 52-week-low of $12.78. Moreover, at the end of the last trading period, the closing price was at $15.20.
With a Buy rating, Rosenblatt initiated coverage on Bakkt Holdings Inc (NYSE:BKKT). The price target seems to have been set at $2.20 for Bakkt Hldgs. The current stock performance of Bakkt Hldgs shows a 52-week-high of $18.32 and a 52-week-low of $1.59. Moreover, at the end of the last trading period, the closing price was at $1.69.
With a Neutral rating, MKM Partners initiated coverage on Polaris Inc (NYSE:PII). The price target seems to have been set at $117.00 for Polaris. In the third quarter, Polaris showed an EPS of $3.25, compared to $1.98 from the year-ago quarter. At the moment, the stock has a 52-week-high of $127.37 and a 52-week-low of $91.86. Polaris closed at $113.02 at the end of the last trading period.
Benchmark initiated coverage on Kimball International Inc (NASDAQ:KBAL) with a Buy rating. The price target for Kimball International is set to $12.00. In the first quarter, Kimball International showed an EPS of $0.13, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.87 and a 52-week-low of $6.24. Kimball International closed at $7.06 at the end of the last trading period.
With an In-Line rating, Evercore ISI Group initiated coverage on Lucid Group Inc (NASDAQ:LCID). The price target seems to have been set at $12.00 for Lucid Gr. In the third quarter, Lucid Gr showed an EPS of $0.40, compared to $0.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $56.70 and a 52-week-low of $9.70. Lucid Gr closed at $9.76 at the end of the last trading period.
Evercore ISI Group initiated coverage on Rivian Automotive Inc (NASDAQ:RIVN) with an In-Line rating. The price target for Rivian Automotive is set to $35.00. For the third quarter, Rivian Automotive had an EPS of $1.57, compared to year-ago quarter EPS of $7.68. At the moment, the stock has a 52-week-high of $126.75 and a 52-week-low of $19.25. Rivian Automotive closed at $28.85 at the end of the last trading period.
Evercore ISI Group initiated coverage on Fisker Inc (NYSE:FSR) with an Outperform rating. The price target for Fisker is set to $15.00. For the third quarter, Fisker had an EPS of $0.49, compared to year-ago quarter EPS of $0.37. The current stock performance of Fisker shows a 52-week-high of $22.64 and a 52-week-low of $6.41. Moreover, at the end of the last trading period, the closing price was at $7.25.
