Benzinga's Top Ratings Upgrades, Downgrades For March 21, 2023

Upgrades

For NVIDIA Corp (NASDAQ:NVDA), Exane BNP Paribas upgraded the previous rating of Underperform to Neutral. For the fourth quarter, NVIDIA had an EPS of $0.88, compared to year-ago quarter EPS of $1.32. The stock has a 52-week-high of $289.34 and a 52-week-low of $108.14. At the end of the last trading period, NVIDIA closed at $259.00.

For Assurant Inc (NYSE:AIZ), Keefe, Bruyette & Woods upgraded the previous rating of Market Perform to Outperform. Assurant earned $3.23 in the fourth quarter, compared to $2.47 in the year-ago quarter. At the moment, the stock has a 52-week-high of $194.04 and a 52-week-low of $104.49. Assurant closed at $111.19 at the end of the last trading period.

For New York Community Bancorp Inc (NYSE:NYCB), DA Davidson upgraded the previous rating of Hold to Buy. For the fourth quarter, New York Community had an EPS of $0.25, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $11.28 and a 52-week-low of $5.81. At the end of the last trading period, New York Community closed at $8.61.

For Foot Locker Inc (NYSE:FL), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. For the fourth quarter, Foot Locker had an EPS of $0.97, compared to year-ago quarter EPS of $1.67. The stock has a 52-week-high of $47.22 and a 52-week-low of $23.86. At the end of the last trading period, Foot Locker closed at $39.86.

For Imperial Oil Ltd (AMEX:IMO), Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. Imperial Oil earned $2.13 in the fourth quarter, compared to $0.94 in the year-ago quarter. The stock has a 52-week-high of $58.85 and a 52-week-low of $40.00. At the end of the last trading period, Imperial Oil closed at $46.60.

For Foot Locker Inc (NYSE:FL), Citigroup upgraded the previous rating of Neutral to Buy. In the fourth quarter, Foot Locker showed an EPS of $0.97, compared to $1.67 from the year-ago quarter. The stock has a 52-week-high of $47.22 and a 52-week-low of $23.86. At the end of the last trading period, Foot Locker closed at $39.86.

Morgan Stanley upgraded the previous rating for Emerson Electric Co (NYSE:EMR) from Equal-Weight to Overweight. Emerson Electric earned $0.78 in the first quarter, compared to $1.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $99.99 and a 52-week-low of $72.42. Emerson Electric closed at $82.27 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For ORIC Pharmaceuticals Inc (NASDAQ:ORIC), Guggenheim downgraded the previous rating of Buy to Neutral. For the fourth quarter, ORIC Pharmaceuticals had an EPS of $0.52, compared to year-ago quarter EPS of $0.58. The stock has a 52-week-high of $7.45 and a 52-week-low of $2.37. At the end of the last trading period, ORIC Pharmaceuticals closed at $4.49.

Scotiabank downgraded the previous rating for Suncor Energy Inc (NYSE:SU) from Sector Outperform to Sector Perform. In the fourth quarter, Suncor Energy showed an EPS of $1.35, compared to $0.71 from the year-ago quarter. The stock has a 52-week-high of $42.71 and a 52-week-low of $26.44. At the end of the last trading period, Suncor Energy closed at $29.72.

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Initiations

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