Upgrades

Piper Sandler upgraded the previous rating for Cadence Bank (NYSE:CADE) from Neutral to Overweight. For the third quarter, Cadence Bank had an EPS of $0.67, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of $30.63 and a 52-week-low of $11.01. At the end of the last trading period, Cadence Bank closed at $30.33.

Stephens & Co. upgraded the previous rating for NOW Inc (NYSE:DNOW) from Equal-Weight to Overweight. In the third quarter, NOW showed an EPS of $0.05, compared to $0.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.98 and a 52-week-low of $4.36. NOW closed at $8.35 at the end of the last trading period.

For Shore Bancshares Inc (NASDAQ:SHBI), Piper Sandler upgraded the previous rating of Neutral to Overweight. In the third quarter, Shore Bancshares showed an EPS of $0.39, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $19.32 and a 52-week-low of $10.57. At the end of the last trading period, Shore Bancshares closed at $18.80.

For Lyft Inc (NASDAQ:LYFT), Daiwa Capital upgraded the previous rating of Outperform to Buy. For the third quarter, Lyft had an EPS of $0.05, compared to year-ago quarter EPS of $0.89. The stock has a 52-week-high of $68.28 and a 52-week-low of $24.86. At the end of the last trading period, Lyft closed at $49.03.

For Macerich Co (NYSE:MAC), Piper Sandler upgraded the previous rating of Underweight to Neutral. In the third quarter, Macerich showed an EPS of $0.45, compared to $0.52 from the year-ago quarter. At the moment, the stock has a 52-week-high of $25.99 and a 52-week-low of $6.89. Macerich closed at $21.71 at the end of the last trading period.

For Sealed Air Corp (NYSE:SEE), BMO Capital upgraded the previous rating of Market Perform to Outperform. In the third quarter, Sealed Air showed an EPS of $0.86, compared to $0.82 from the year-ago quarter. At the moment, the stock has a 52-week-high of $62.11 and a 52-week-low of $40.01. Sealed Air closed at $61.96 at the end of the last trading period.

For Capri Holdings Ltd (NYSE:CPRI), JP Morgan upgraded the previous rating of Neutral to Overweight. In the second quarter, Capri Holdings showed an EPS of $1.53, compared to $0.90 from the year-ago quarter. The stock has a 52-week-high of $64.80 and a 52-week-low of $21.83. At the end of the last trading period, Capri Holdings closed at $64.25.

See all analyst ratings upgrades.

Downgrades

According to Argus Research, the prior rating for Starbucks Corp (NASDAQ:SBUX) was changed from Buy to Hold. Starbucks earned $1.00 in the fourth quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $126.32 and a 52-week-low of $86.18. At the end of the last trading period, Starbucks closed at $112.61.

According to Stifel, the prior rating for Rogers Corp (NYSE:ROG) was changed from Buy to Hold. For the third quarter, Rogers had an EPS of $1.64, compared to year-ago quarter EPS of $1.45. The stock has a 52-week-high of $273.00 and a 52-week-low of $115.00. At the end of the last trading period, Rogers closed at $269.80.

Craig-Hallum downgraded the previous rating for Upland Software Inc (NASDAQ:UPLD) from Buy to Hold. For the third quarter, Upland Software had an EPS of $0.57, compared to year-ago quarter EPS of $0.55. The stock has a 52-week-high of $53.00 and a 52-week-low of $30.64. At the end of the last trading period, Upland Software closed at $33.80.

For Allstate Corp (NYSE:ALL), Raymond James downgraded the previous rating of Strong Buy to Outperform. Allstate earned $0.73 in the third quarter, compared to $2.94 in the year-ago quarter. At the moment, the stock has a 52-week-high of $140.00 and a 52-week-low of $90.07. Allstate closed at $126.12 at the end of the last trading period.

For e.l.f. Beauty Inc (NYSE:ELF), Piper Sandler downgraded the previous rating of Overweight to Neutral. For the second quarter, e.l.f. Beauty had an EPS of $0.21, compared to year-ago quarter EPS of $0.17. At the moment, the stock has a 52-week-high of $33.38 and a 52-week-low of $18.55. e.l.f. Beauty closed at $33.18 at the end of the last trading period.

For PROG Holdings Inc (NYSE:PRG), Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. In the third quarter, PROG Holdings showed an EPS of $0.94, compared to $1.80 from the year-ago quarter. The stock has a 52-week-high of $60.50 and a 52-week-low of $39.94. At the end of the last trading period, PROG Holdings closed at $47.59.

According to B of A Securities, the prior rating for Qorvo Inc (NASDAQ:QRVO) was changed from Buy to Neutral. In the second quarter, Qorvo showed an EPS of $3.42, compared to $2.43 from the year-ago quarter. The stock has a 52-week-high of $201.68 and a 52-week-low of $127.99. At the end of the last trading period, Qorvo closed at $178.12.

For SPX Corp (NYSE:SPXC), William Blair downgraded the previous rating of Outperform to Market Perform. In the third quarter, SPX showed an EPS of $0.41, compared to $0.64 from the year-ago quarter. At the moment, the stock has a 52-week-high of $67.66 and a 52-week-low of $41.78. SPX closed at $62.09 at the end of the last trading period.

Atlantic Equities downgraded the previous rating for Aon PLC (NYSE:AON) from Overweight to Neutral. For the third quarter, Aon had an EPS of $1.74, compared to year-ago quarter EPS of $1.53. At the moment, the stock has a 52-week-high of $326.25 and a 52-week-low of $179.52. Aon closed at $294.89 at the end of the last trading period.

According to Cowen & Co., the prior rating for Equinix Inc (NASDAQ:EQIX) was changed from Outperform to Market Perform. For the third quarter, Equinix had an EPS of $4.51, compared to year-ago quarter EPS of $6.48. The stock has a 52-week-high of $885.26 and a 52-week-low of $586.73. At the end of the last trading period, Equinix closed at $837.88.

Cowen & Co. downgraded the previous rating for Rimini Street Inc (NASDAQ:RMNI) from Outperform to Market Perform. In the third quarter, Rimini Street showed an EPS of $0.08, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $11.52 and a 52-week-low of $3.10. At the end of the last trading period, Rimini Street closed at $11.30.

Canaccord Genuity downgraded the previous rating for Rogers Corp (NYSE:ROG) from Buy to Hold. For the third quarter, Rogers had an EPS of $1.64, compared to year-ago quarter EPS of $1.45. At the moment, the stock has a 52-week-high of $273.00 and a 52-week-low of $115.00. Rogers closed at $269.80 at the end of the last trading period.

For Ameresco Inc (NYSE:AMRC), Piper Sandler downgraded the previous rating of Overweight to Neutral. In the third quarter, Ameresco showed an EPS of $0.41, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $96.93 and a 52-week-low of $37.70. At the end of the last trading period, Ameresco closed at $96.58.

See all analyst ratings downgrades.

Initiations

With an Outperform rating, Wedbush initiated coverage on AXT Inc (NASDAQ:AXTI). The price target seems to have been set at $11.00 for AXT. In the third quarter, AXT showed an EPS of $0.09, compared to $0.02 from the year-ago quarter. The stock has a 52-week-high of $15.84 and a 52-week-low of $5.59. At the end of the last trading period, AXT closed at $8.75.

With a Buy rating, B of A Securities initiated coverage on Nuvei Corp (NASDAQ:NVEI). The price target seems to have been set at $145.00 for Nuvei. At the moment, the stock has a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . Nuvei closed at $117.01 at the end of the last trading period.

See all analyst ratings initiations.