Benzinga's Top Ratings Upgrades, Downgrades For February 24, 2023

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Upgrades

According to UBS, the prior rating for Vipshop Holdings Ltd VIPS was changed from Neutral to Buy. For the fourth quarter, Vipshop Holdings had an EPS of $0.53, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $16.18 and a 52-week-low of $5.75. Vipshop Holdings closed at $13.62 at the end of the last trading period.

Canaccord Genuity upgraded the previous rating for Kratos Defense & Security Solutions Inc KTOS from Hold to Buy. For the fourth quarter, Kratos Defense & Security had an EPS of $0.08, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $22.26 and a 52-week-low of $8.90. At the end of the last trading period, Kratos Defense & Security closed at $11.47.

According to TD Securities, the prior rating for Newmont Corp NEM was changed from Hold to Buy. In the fourth quarter, Newmont showed an EPS of $0.44, compared to $0.78 from the year-ago quarter. The current stock performance of Newmont shows a 52-week-high of $86.37 and a 52-week-low of $37.45. Moreover, at the end of the last trading period, the closing price was at $44.26.

For Block Inc SQ, Evercore ISI Group upgraded the previous rating of Underperform to In-Line. Block earned $0.22 in the fourth quarter, compared to $0.27 in the year-ago quarter. At the moment, the stock has a 52-week-high of $149.00 and a 52-week-low of $51.34. Block closed at $74.15 at the end of the last trading period.

According to Benchmark, the prior rating for NeoGenomics Inc NEO was changed from Hold to Buy. In the fourth quarter, NeoGenomics showed an EPS of $0.06, compared to $0.14 from the year-ago quarter. The current stock performance of NeoGenomics shows a 52-week-high of $21.94 and a 52-week-low of $6.00. Moreover, at the end of the last trading period, the closing price was at $16.63.

CLSA upgraded the previous rating for Vipshop Holdings Ltd VIPS from Outperform to Buy. Vipshop Holdings earned $0.53 in the fourth quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of $16.18 and a 52-week-low of $5.75. At the end of the last trading period, Vipshop Holdings closed at $13.62.

Jefferies upgraded the previous rating for Youdao Inc DAO from Hold to Buy. Youdao earned $0.04 in the fourth quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $12.55 and a 52-week-low of $3.03. At the end of the last trading period, Youdao closed at $8.00.

For W.W. Grainger Inc GWW, RBC Capital upgraded the previous rating of Underperform to Sector Perform. For the fourth quarter, W.W. Grainger had an EPS of $7.14, compared to year-ago quarter EPS of $5.44. The current stock performance of W.W. Grainger shows a 52-week-high of $685.23 and a 52-week-low of $440.48. Moreover, at the end of the last trading period, the closing price was at $657.94.

RBC Capital upgraded the previous rating for LyondellBasell Industries NV LYB from Sector Perform to Outperform. In the fourth quarter, LyondellBasell Industries showed an EPS of $1.29, compared to $3.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $117.22 and a 52-week-low of $71.46. LyondellBasell Industries closed at $94.65 at the end of the last trading period.

For Century Aluminum Co CENX, Wolfe Research upgraded the previous rating of Underperform to Peer Perform. In the fourth quarter, Century Aluminum showed an EPS of $0.31, compared to $0.17 from the year-ago quarter. The stock has a 52-week-high of $30.36 and a 52-week-low of $5.27. At the end of the last trading period, Century Aluminum closed at $10.36.

See all analyst ratings upgrades.

Downgrades

BMO Capital downgraded the previous rating for Wingstop Inc WING from Outperform to Market Perform. Wingstop earned $0.60 in the fourth quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $193.74 and a 52-week-low of $67.67. At the end of the last trading period, Wingstop closed at $174.23.

SMBC Nikko downgraded the previous rating for Jounce Therapeutics Inc JNCE from Outperform to Neutral. In the third quarter, Jounce Therapeutics showed an EPS of $0.60, compared to $0.59 from the year-ago quarter. The current stock performance of Jounce Therapeutics shows a 52-week-high of $7.94 and a 52-week-low of $0.58. Moreover, at the end of the last trading period, the closing price was at $1.10.

SVB Leerink downgraded the previous rating for Moderna Inc MRNA from Market Perform to Underperform. In the fourth quarter, Moderna showed an EPS of $3.61, compared to $11.29 from the year-ago quarter. The stock has a 52-week-high of $217.25 and a 52-week-low of $115.03. At the end of the last trading period, Moderna closed at $147.57.

According to B of A Securities, the prior rating for OGE Energy Corp OGE was changed from Buy to Neutral. For the fourth quarter, OGE Energy had an EPS of $0.25, compared to year-ago quarter EPS of $0.27. The current stock performance of OGE Energy shows a 52-week-high of $42.91 and a 52-week-low of $33.28. Moreover, at the end of the last trading period, the closing price was at $37.27.

According to Goldman Sachs, the prior rating for YETI Holdings Inc YETI was changed from Buy to Neutral. In the fourth quarter, YETI Holdings showed an EPS of $0.78, compared to $0.87 from the year-ago quarter. The stock has a 52-week-high of $65.46 and a 52-week-low of $27.86. At the end of the last trading period, YETI Holdings closed at $39.31.

Ladenburg Thalmann downgraded the previous rating for New York Mortgage Trust Inc NYMT from Buy to Neutral. For the fourth quarter, New York Mortgage Trust had an EPS of $0.13, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $3.75 and a 52-week-low of $2.07. At the end of the last trading period, New York Mortgage Trust closed at $2.73.

According to Maxim Group, the prior rating for Unisys Corp UIS was changed from Buy to Hold. Unisys earned $1.22 in the fourth quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $23.10 and a 52-week-low of $3.93. At the end of the last trading period, Unisys closed at $5.70.

Needham downgraded the previous rating for Upland Software Inc UPLD from Buy to Hold. Upland Software earned $0.37 in the fourth quarter, compared to $0.60 in the year-ago quarter. The current stock performance of Upland Software shows a 52-week-high of $20.23 and a 52-week-low of $6.26. Moreover, at the end of the last trading period, the closing price was at $8.73.

According to Craig-Hallum, the prior rating for Vicor Corp VICR was changed from Buy to Hold. In the fourth quarter, Vicor showed an EPS of $0.18, compared to $0.20 from the year-ago quarter. The current stock performance of Vicor shows a 52-week-high of $100.40 and a 52-week-low of $42.90. Moreover, at the end of the last trading period, the closing price was at $56.32.

According to Raymond James, the prior rating for WideOpenWest Inc WOW was changed from Strong Buy to Outperform. For the fourth quarter, WideOpenWest had an EPS of $0.15, compared to year-ago quarter EPS of $0.01. The current stock performance of WideOpenWest shows a 52-week-high of $22.94 and a 52-week-low of $8.57. Moreover, at the end of the last trading period, the closing price was at $12.40.

According to Baird, the prior rating for Domino's Pizza Inc DPZ was changed from Outperform to Neutral. In the fourth quarter, Domino's Pizza showed an EPS of $4.43, compared to $4.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $448.99 and a 52-week-low of $299.41. Domino's Pizza closed at $307.86 at the end of the last trading period.

Baird downgraded the previous rating for Stericycle Inc SRCL from Outperform to Neutral. In the fourth quarter, Stericycle showed an EPS of $0.60, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $59.89 and a 52-week-low of $39.63. At the end of the last trading period, Stericycle closed at $48.86.

Cantor Fitzgerald downgraded the previous rating for Root Inc ROOT from Overweight to Neutral. In the fourth quarter, Root showed an EPS of $4.13, compared to $7.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.38 and a 52-week-low of $0.94. Root closed at $5.77 at the end of the last trading period.

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For Venator Materials PLC VNTR, Deutsche Bank downgraded the previous rating of Buy to Hold. Venator Materials earned $0.20 in the fourth quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $2.78 and a 52-week-low of $0.41. At the end of the last trading period, Venator Materials closed at $0.49.

For Nektar Therapeutics NKTR, Jefferies downgraded the previous rating of Hold to Underperform. Nektar Therapeutics earned $0.31 in the third quarter, compared to $0.70 in the year-ago quarter. The current stock performance of Nektar Therapeutics shows a 52-week-high of $11.39 and a 52-week-low of $1.99. Moreover, at the end of the last trading period, the closing price was at $2.96.

According to JP Morgan, the prior rating for C4 Therapeutics Inc CCCC was changed from Neutral to Underweight. For the fourth quarter, C4 Therapeutics had an EPS of $0.76, compared to year-ago quarter EPS of $0.31. At the moment, the stock has a 52-week-high of $26.80 and a 52-week-low of $4.84. C4 Therapeutics closed at $6.02 at the end of the last trading period.

For Infinity Pharmaceuticals Inc INFI, Piper Sandler downgraded the previous rating of Overweight to Neutral. In the third quarter, Infinity Pharmaceuticals showed an EPS of $0.12, compared to $0.12 from the year-ago quarter. The stock has a 52-week-high of $1.76 and a 52-week-low of $0.28. At the end of the last trading period, Infinity Pharmaceuticals closed at $0.28.

For Domino's Pizza Inc DPZ, Citigroup downgraded the previous rating of Buy to Neutral. For the fourth quarter, Domino's Pizza had an EPS of $4.43, compared to year-ago quarter EPS of $4.25. The current stock performance of Domino's Pizza shows a 52-week-high of $448.99 and a 52-week-low of $299.41. Moreover, at the end of the last trading period, the closing price was at $307.86.

For CURO Group Holdings Corp CURO, Credit Suisse downgraded the previous rating of Outperform to Neutral. In the fourth quarter, CURO Group Holdings showed an EPS of $0.80, compared to $0.29 from the year-ago quarter. The current stock performance of CURO Group Holdings shows a 52-week-high of $13.70 and a 52-week-low of $2.96. Moreover, at the end of the last trading period, the closing price was at $3.70.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Citigroup initiated coverage on Biomea Fusion Inc BMEA. The price target seems to have been set at $20.00 for Biomea Fusion. In the third quarter, Biomea Fusion showed an EPS of $0.78, compared to $0.43 from the year-ago quarter. The current stock performance of Biomea Fusion shows a 52-week-high of $14.20 and a 52-week-low of $2.84. Moreover, at the end of the last trading period, the closing price was at $11.00.

With a Buy rating, Janney Montgomery Scott initiated coverage on Employers Holdings Inc EIG. The price target seems to have been set at $50.00 for Employers Holdings. In the fourth quarter, Employers Holdings showed an EPS of $1.25, compared to $1.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $46.73 and a 52-week-low of $32.58. Employers Holdings closed at $43.31 at the end of the last trading period.

Janney Montgomery Scott initiated coverage on ProAssurance Corp PRA with a Neutral rating. The price target for ProAssurance is set to $21.00. For the third quarter, ProAssurance had an EPS of $0.06, compared to year-ago quarter EPS of $0.25. The current stock performance of ProAssurance shows a 52-week-high of $27.55 and a 52-week-low of $16.90. Moreover, at the end of the last trading period, the closing price was at $19.65.

With a Neutral rating, Janney Montgomery Scott initiated coverage on AMERISAFE Inc AMSF. The price target seems to have been set at $58.00 for AMERISAFE. For the fourth quarter, AMERISAFE had an EPS of $0.84, compared to year-ago quarter EPS of $0.00. At the moment, the stock has a 52-week-high of $60.49 and a 52-week-low of $44.06. AMERISAFE closed at $54.34 at the end of the last trading period.

Piper Sandler initiated coverage on Orchestra BioMed Holdings Inc OBIO with an Overweight rating. The price target for Orchestra BioMed Hldgs is set to $15.00. The stock has a 52-week-high of $12.43 and a 52-week-low of $7.49. At the end of the last trading period, Orchestra BioMed Hldgs closed at $10.30.

With a Buy rating, Craig-Hallum initiated coverage on Bowlero Corp BOWL. The price target seems to have been set at $24.00 for Bowlero. In the second quarter, Bowlero showed an EPS of $0.20, compared to $0.25 from the year-ago quarter. The current stock performance of Bowlero shows a 52-week-high of $15.71 and a 52-week-low of $8.19. Moreover, at the end of the last trading period, the closing price was at $15.00.

Goldman Sachs initiated coverage on Erasca Inc ERAS with a Buy rating. The price target for Erasca is set to $10.00. In the third quarter, Erasca showed an EPS of $0.29, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $12.80 and a 52-week-low of $3.51. At the end of the last trading period, Erasca closed at $3.57.

With an Overweight rating, Barclays initiated coverage on MGM Resorts International MGM. The price target seems to have been set at $59.00 for MGM Resorts Intl. MGM Resorts Intl earned $1.53 in the fourth quarter, compared to $0.12 in the year-ago quarter. The current stock performance of MGM Resorts Intl shows a 52-week-high of $45.64 and a 52-week-low of $26.41. Moreover, at the end of the last trading period, the closing price was at $43.15.

Scotiabank initiated coverage on HashiCorp Inc HCP with a Sector Perform rating. The price target for HashiCorp is set to $34.00. The stock has a 52-week-high of $60.03 and a 52-week-low of $21.50. At the end of the last trading period, HashiCorp closed at $30.01.

Piper Sandler initiated coverage on Integer Holdings Corp ITGR with an Overweight rating. The price target for Integer Holdings is set to $85.00. Integer Holdings earned $1.11 in the fourth quarter, compared to $0.99 in the year-ago quarter. At the moment, the stock has a 52-week-high of $88.58 and a 52-week-low of $50.05. Integer Holdings closed at $73.80 at the end of the last trading period.

See all analyst ratings initiations.

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