Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For November 9, 2022

Upgrades

Janney Montgomery Scott upgraded the previous rating for First Bancshares Inc (NASDAQ:FBMS) from Neutral to Buy. First Bancshares earned $0.85 in the third quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.81 and a 52-week-low of $26.95. First Bancshares closed at $32.40 at the end of the last trading period.

For Allscripts Healthcare Solutions Inc (NASDAQ:MDRX), Goldman Sachs upgraded the previous rating of Neutral to Buy. Allscripts Healthcare earned $0.23 in the third quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Allscripts Healthcare shows a 52-week-high of $23.25 and a 52-week-low of $13.59. Moreover, at the end of the last trading period, the closing price was at $16.89.

Credit Suisse upgraded the previous rating for NiSource Inc (NYSE:NI) from Neutral to Outperform. NiSource earned $0.10 in the third quarter, compared to $0.11 in the year-ago quarter. The current stock performance of NiSource shows a 52-week-high of $32.59 and a 52-week-low of $23.78. Moreover, at the end of the last trading period, the closing price was at $24.93.

According to Evercore ISI Group, the prior rating for The Kroger Co (NYSE:KR) was changed from In-Line to Outperform. Kroger earned $0.90 in the second quarter, compared to $0.80 in the year-ago quarter. The stock has a 52-week-high of $62.78 and a 52-week-low of $41.81. At the end of the last trading period, Kroger closed at $47.12.

According to B of A Securities, the prior rating for Icon PLC (NASDAQ:ICLR) was changed from Neutral to Buy. For the third quarter, Icon had an EPS of $3.00, compared to year-ago quarter EPS of $2.55. The current stock performance of Icon shows a 52-week-high of $312.28 and a 52-week-low of $171.43. Moreover, at the end of the last trading period, the closing price was at $195.07.

B of A Securities upgraded the previous rating for Kite Realty Group Trust (NYSE:KRG) from Neutral to Buy. For the third quarter, Kite Realty Gr Trust had an EPS of $0.48, compared to year-ago quarter EPS of $0.33. The stock has a 52-week-high of $23.35 and a 52-week-low of $16.42. At the end of the last trading period, Kite Realty Gr Trust closed at $20.81.

According to Mizuho, the prior rating for Adaptimmune Therapeutics PLC (NASDAQ:ADAP) was changed from Neutral to Buy. In the third quarter, Adaptimmune Therapeutics showed an EPS of $0.24, compared to $0.30 from the year-ago quarter. The current stock performance of Adaptimmune Therapeutics shows a 52-week-high of $4.12 and a 52-week-low of $1.01. Moreover, at the end of the last trading period, the closing price was at $2.08.

For CNH Industrial NV (NYSE:CNHI), Oppenheimer upgraded the previous rating of Perform to Outperform. For the third quarter, CNH Industrial had an EPS of $0.41, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $17.13 and a 52-week-low of $10.60. CNH Industrial closed at $14.19 at the end of the last trading period.

According to Rosenblatt, the prior rating for Quotient Technology Inc (NYSE:QUOT) was changed from Neutral to Buy. For the third quarter, Quotient Technology had an EPS of $0.07, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $7.92 and a 52-week-low of $1.68. At the end of the last trading period, Quotient Technology closed at $2.63.

For TrueCar Inc (NASDAQ:TRUE), BTIG upgraded the previous rating of Neutral to Buy. For the third quarter, TrueCar had an EPS of $0.19, compared to year-ago quarter EPS of $0.07. At the moment, the stock has a 52-week-high of $4.08 and a 52-week-low of $1.30. TrueCar closed at $1.74 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Lumentum Holdings Inc (NASDAQ:LITE), Northland Capital Markets downgraded the previous rating of Outperform to Market Perform. In the first quarter, Lumentum Holdings showed an EPS of $1.69, compared to $1.79 from the year-ago quarter. The stock has a 52-week-high of $108.90 and a 52-week-low of $58.73. At the end of the last trading period, Lumentum Holdings closed at $59.00.

According to JP Morgan, the prior rating for Porch Group Inc (NASDAQ:PRCH) was changed from Overweight to Neutral. For the third quarter, Porch Group had an EPS of $0.30, compared to year-ago quarter EPS of $0.08. The current stock performance of Porch Group shows a 52-week-high of $16.26 and a 52-week-low of $1.23. Moreover, at the end of the last trading period, the closing price was at $1.44.

For Gray Television Inc (NYSE:GTN), Wells Fargo downgraded the previous rating of Overweight to Underweight. In the third quarter, Gray Television showed an EPS of $1.03, compared to $0.21 from the year-ago quarter. The stock has a 52-week-high of $24.81 and a 52-week-low of $8.61. At the end of the last trading period, Gray Television closed at $10.23.

Goldman Sachs downgraded the previous rating for Taysha Gene Therapies Inc (NASDAQ:TSHA) from Buy to Neutral. Taysha Gene Therapies earned $0.64 in the third quarter, compared to $1.35 in the year-ago quarter. The stock has a 52-week-high of $12.17 and a 52-week-low of $1.35. At the end of the last trading period, Taysha Gene Therapies closed at $2.20.

DA Davidson downgraded the previous rating for Builders FirstSource Inc (NYSE:BLDR) from Buy to Neutral. For the third quarter, Builders FirstSource had an EPS of $5.20, compared to year-ago quarter EPS of $3.39. The current stock performance of Builders FirstSource shows a 52-week-high of $86.48 and a 52-week-low of $48.91. Moreover, at the end of the last trading period, the closing price was at $60.91.

Northcoast Research downgraded the previous rating for IAA Inc (NYSE:IAA) from Buy to Neutral. For the third quarter, IAA had an EPS of $0.45, compared to year-ago quarter EPS of $0.52. At the moment, the stock has a 52-week-high of $51.12 and a 52-week-low of $31.32. IAA closed at $38.14 at the end of the last trading period.

Oppenheimer downgraded the previous rating for Amyris Inc (NASDAQ:AMRS) from Outperform to Perform. For the third quarter, Amyris had an EPS of $0.44, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $6.37 and a 52-week-low of $1.47. At the end of the last trading period, Amyris closed at $2.59.

According to B of A Securities, the prior rating for Dominion Energy Inc (NYSE:D) was changed from Buy to Underperform. For the third quarter, Dominion Energy had an EPS of $1.11, compared to year-ago quarter EPS of $1.11. The stock has a 52-week-high of $88.78 and a 52-week-low of $59.67. At the end of the last trading period, Dominion Energy closed at $62.62.

For Tyson Foods Inc (NYSE:TSN), B of A Securities downgraded the previous rating of Neutral to Underperform. For the third quarter, Tyson Foods had an EPS of $1.94, compared to year-ago quarter EPS of $2.70. At the moment, the stock has a 52-week-high of $100.72 and a 52-week-low of $62.94. Tyson Foods closed at $67.73 at the end of the last trading period.

According to Northcoast Research, the prior rating for Lyft Inc (NASDAQ:LYFT) was changed from Buy to Neutral. In the third quarter, Lyft showed an EPS of $0.10, compared to $0.05 from the year-ago quarter. The current stock performance of Lyft shows a 52-week-high of $46.64 and a 52-week-low of $10.62. Moreover, at the end of the last trading period, the closing price was at $10.90.

Raymond James downgraded the previous rating for The RealReal Inc (NASDAQ:REAL) from Outperform to Market Perform. In the third quarter, The RealReal showed an EPS of $0.38, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $12.90 and a 52-week-low of $1.16. At the end of the last trading period, The RealReal closed at $1.23.

For Nexstar Media Group Inc (NASDAQ:NXST), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Nexstar Media Group had an EPS of $6.24, compared to year-ago quarter EPS of $3.90. The stock has a 52-week-high of $204.62 and a 52-week-low of $148.10. At the end of the last trading period, Nexstar Media Group closed at $167.45.

Wells Fargo downgraded the previous rating for The E W Scripps Co (NASDAQ:SSP) from Overweight to Equal-Weight. For the third quarter, E W Scripps had an EPS of $0.38, compared to year-ago quarter EPS of $0.50. The current stock performance of E W Scripps shows a 52-week-high of $23.61 and a 52-week-low of $10.89. Moreover, at the end of the last trading period, the closing price was at $11.56.

According to B of A Securities, the prior rating for ADC Therapeutics SA (NYSE:ADCT) was changed from Buy to Neutral. In the third quarter, ADC Therapeutics showed an EPS of $0.13, compared to $0.59 from the year-ago quarter. The current stock performance of ADC Therapeutics shows a 52-week-high of $20.67 and a 52-week-low of $4.00. Moreover, at the end of the last trading period, the closing price was at $4.14.

According to Compass Point, the prior rating for MGIC Investment Corp (NYSE:MTG) was changed from Buy to Neutral. MGIC Investment earned $0.86 in the third quarter, compared to $0.46 in the year-ago quarter. The current stock performance of MGIC Investment shows a 52-week-high of $16.84 and a 52-week-low of $11.38. Moreover, at the end of the last trading period, the closing price was at $13.58.

According to Compass Point, the prior rating for Radian Group Inc (NYSE:RDN) was changed from Buy to Neutral. Radian Group earned $1.31 in the third quarter, compared to $0.67 in the year-ago quarter. The current stock performance of Radian Group shows a 52-week-high of $24.84 and a 52-week-low of $17.97. Moreover, at the end of the last trading period, the closing price was at $20.58.

For Everest Re Group Ltd (NYSE:RE), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Everest Re Group had an EPS of $5.28, compared to year-ago quarter EPS of $1.34. At the moment, the stock has a 52-week-high of $337.50 and a 52-week-low of $244.57. Everest Re Group closed at $325.68 at the end of the last trading period.

According to JP Morgan, the prior rating for International Flavors & Fragrances Inc (NYSE:IFF) was changed from Overweight to Neutral. For the third quarter, Intl Flavors & Fragrances had an EPS of $1.36, compared to year-ago quarter EPS of $1.47. At the moment, the stock has a 52-week-high of $151.86 and a 52-week-low of $83.14. Intl Flavors & Fragrances closed at $91.41 at the end of the last trading period.

According to Canaccord Genuity, the prior rating for Unisys Corp (NYSE:UIS) was changed from Buy to Hold. Unisys earned $0.05 in the third quarter, compared to $0.10 in the year-ago quarter. The stock has a 52-week-high of $23.10 and a 52-week-low of $4.28. At the end of the last trading period, Unisys closed at $4.63.

Canaccord Genuity downgraded the previous rating for Bioventus Inc (NASDAQ:BVS) from Buy to Hold. For the third quarter, Bioventus had an EPS of $0.08, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $15.57 and a 52-week-low of $2.78. Bioventus closed at $3.00 at the end of the last trading period.

According to JP Morgan, the prior rating for The Beauty Health Co (NASDAQ:SKIN) was changed from Overweight to Neutral. In the third quarter, Beauty Health showed an EPS of $0.05, compared to $1.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.77 and a 52-week-low of $9.79. Beauty Health closed at $10.70 at the end of the last trading period.

JP Morgan downgraded the previous rating for Bioventus Inc (NASDAQ:BVS) from Overweight to Underweight. For the third quarter, Bioventus had an EPS of $0.08, compared to year-ago quarter EPS of $0.25. The current stock performance of Bioventus shows a 52-week-high of $15.57 and a 52-week-low of $2.78. Moreover, at the end of the last trading period, the closing price was at $3.00.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, DA Davidson initiated coverage on Marqeta Inc (NASDAQ:MQ). The price target seems to have been set at $7.25 for Marqeta. The current stock performance of Marqeta shows a 52-week-high of $18.13 and a 52-week-low of $6.05. Moreover, at the end of the last trading period, the closing price was at $6.82.

Wells Fargo initiated coverage on IHS Holding Ltd (NYSE:IHS) with an Overweight rating. The price target for IHS Holding is set to $12.00. For the second quarter, IHS Holding had an EPS of $0.53, compared to year-ago quarter EPS of $0.33. The current stock performance of IHS Holding shows a 52-week-high of $14.23 and a 52-week-low of $4.91. Moreover, at the end of the last trading period, the closing price was at $5.81.

Barclays initiated coverage on Logitech International SA (NASDAQ:LOGI) with an Overweight rating. The price target for Logitech International is set to $65.00. For the second quarter, Logitech International had an EPS of $0.84, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of $87.57 and a 52-week-low of $41.81. Logitech International closed at $54.55 at the end of the last trading period.

Barclays initiated coverage on Garmin Ltd (NYSE:GRMN) with a Equal-Weight rating. The price target for Garmin is set to $97.00. In the third quarter, Garmin showed an EPS of $1.24, compared to $1.41 from the year-ago quarter. The current stock performance of Garmin shows a 52-week-high of $138.25 and a 52-week-low of $76.37. Moreover, at the end of the last trading period, the closing price was at $86.83.

With a Buy rating, Ascendiant Capital initiated coverage on NRX Pharmaceuticals Inc (NASDAQ:NRXP). The price target seems to have been set at $4.00 for NRX Pharmaceuticals. NRX Pharmaceuticals earned $0.11 in the second quarter, compared to $0.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $5.15 and a 52-week-low of $0.49. NRX Pharmaceuticals closed at $0.85 at the end of the last trading period.

See all analyst ratings initiations.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.