Benzinga's Top Ratings Upgrades, Downgrades For February 17, 2022

Upgrades

HSBC upgraded the previous rating for Equinor ASA EQNR from Hold to Buy. For the fourth quarter, Equinor had an EPS of $1.35, compared to year-ago quarter EPS of $0.17. The current stock performance of Equinor shows a 52-week-high of $32.16 and a 52-week-low of $17.78. Moreover, at the end of the last trading period, the closing price was at $29.45.

Argus Research upgraded the previous rating for Canadian National Railway Co CNI from Hold to Buy. For the fourth quarter, Canadian National Railway had an EPS of $1.36, compared to year-ago quarter EPS of $1.10. The current stock performance of Canadian National Railway shows a 52-week-high of $136.22 and a 52-week-low of $100.66. Moreover, at the end of the last trading period, the closing price was at $126.93.

According to TD Securities, the prior rating for Equinix Inc EQIX was changed from Hold to Buy. For the fourth quarter, Equinix had an EPS of $6.22, compared to year-ago quarter EPS of $5.76. At the moment, the stock has a 52-week-high of $885.26 and a 52-week-low of $586.73. Equinix closed at $673.58 at the end of the last trading period.

For McCormick & Co Inc MKC, Argus Research upgraded the previous rating of Hold to Buy. For the fourth quarter, McCormick & Co had an EPS of $0.84, compared to year-ago quarter EPS of $0.79. The stock has a 52-week-high of $103.76 and a 52-week-low of $77.85. At the end of the last trading period, McCormick & Co closed at $98.39.

For Check Point Software Technologies Ltd CHKP, BMO Capital upgraded the previous rating of Market Perform to Outperform. Check Point Software earned $2.25 in the fourth quarter, compared to $2.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $132.65 and a 52-week-low of $107.85. Check Point Software closed at $132.55 at the end of the last trading period.

According to UBS, the prior rating for Packaging Corp of America PKG was changed from Sell to Neutral. Packaging Corp of America earned $2.76 in the fourth quarter, compared to $1.33 in the year-ago quarter. The stock has a 52-week-high of $156.54 and a 52-week-low of $124.78. At the end of the last trading period, Packaging Corp of America closed at $148.49.

B of A Securities upgraded the previous rating for Upstart Holdings Inc UPST from Underperform to Buy. In the fourth quarter, Upstart Holdings showed an EPS of $0.89, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $401.49 and a 52-week-low of $42.51. At the end of the last trading period, Upstart Holdings closed at $148.01.

For Rhythm Pharmaceuticals Inc RYTM, Ladenburg Thalmann upgraded the previous rating of Neutral to Buy. Rhythm Pharmaceuticals earned $0.70 in the third quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $30.74 and a 52-week-low of $6.01. At the end of the last trading period, Rhythm Pharmaceuticals closed at $6.63.

According to Wolfe Research, the prior rating for Consolidated Edison Inc ED was changed from Underperform to Peer Perform. The stock has a 52-week-high of $87.67 and a 52-week-low of $65.56. At the end of the last trading period, Consolidated Edison closed at $81.08.

For Ortho Clinical Diagnostics Holdings PLC OCDX, Evercore ISI Group upgraded the previous rating of In-Line to Outperform. In the fourth quarter, Ortho Clinical Diagnostic showed an EPS of $0.18, compared to $0.19 from the year-ago quarter. The current stock performance of Ortho Clinical Diagnostic shows a 52-week-high of $22.99 and a 52-week-low of $15.53. Moreover, at the end of the last trading period, the closing price was at $16.32.

Cowen & Co. upgraded the previous rating for Yum Brands Inc YUM from Market Perform to Outperform. For the fourth quarter, Yum Brands had an EPS of $1.02, compared to year-ago quarter EPS of $1.15. NoneAt the moment, the stock has a 52-week-high of $139.85 and a 52-week-low of $101.94. Yum Brands closed at $123.35 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Pegasystems Inc PEGA, Loop Capital downgraded the previous rating of Buy to Hold. For the fourth quarter, Pegasystems had an EPS of $0.04, compared to year-ago quarter EPS of $0.18. The current stock performance of Pegasystems shows a 52-week-high of $148.80 and a 52-week-low of $89.02. Moreover, at the end of the last trading period, the closing price was at $97.52.

For Brightcove Inc BCOV, Lake Street downgraded the previous rating of Buy to Hold. For the fourth quarter, Brightcove had an EPS of $0.10, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $25.26 and a 52-week-low of $8.96. Brightcove closed at $9.04 at the end of the last trading period.

For NMI Holdings Inc NMIH, Keefe, Bruyette & Woods downgraded the previous rating of Outperform to Market Perform. In the fourth quarter, NMI Holdings showed an EPS of $0.73, compared to $0.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of $27.25 and a 52-week-low of $19.43. NMI Holdings closed at $26.04 at the end of the last trading period.

According to B of A Securities, the prior rating for Allot Ltd ALLT was changed from Neutral to Underperform. In the fourth quarter, Allot showed an EPS of $0.06, compared to $0.01 from the year-ago quarter. The current stock performance of Allot shows a 52-week-high of $21.04 and a 52-week-low of $7.72. Moreover, at the end of the last trading period, the closing price was at $8.08.

According to Atlantic Equities, the prior rating for Altice USA Inc ATUS was changed from Overweight to Neutral. Altice USA earned $0.56 in the fourth quarter, compared to $0.60 in the year-ago quarter. The stock has a 52-week-high of $38.19 and a 52-week-low of $12.87. At the end of the last trading period, Altice USA closed at $14.40.

B of A Securities downgraded the previous rating for Atlas Corp ATCO from Neutral to Underperform. For the fourth quarter, Atlas had an EPS of $0.42, compared to year-ago quarter EPS of $0.29. The current stock performance of Atlas shows a 52-week-high of $16.49 and a 52-week-low of $12.35. Moreover, at the end of the last trading period, the closing price was at $16.06.

B of A Securities downgraded the previous rating for Core & Main Inc CNM from Neutral to Underperform. The stock has a 52-week-high of $32.54 and a 52-week-low of $21.45. At the end of the last trading period, Core & Main closed at $23.61.

Roth Capital downgraded the previous rating for Shopify Inc SHOP from Buy to Neutral. In the fourth quarter, Shopify showed an EPS of $1.36, compared to $1.58 from the year-ago quarter. The stock has a 52-week-high of $1762.92 and a 52-week-low of $720.00. At the end of the last trading period, Shopify closed at $746.85.

According to Summit Insights Group, the prior rating for NVIDIA Corp NVDA was changed from Buy to Hold. For the fourth quarter, NVIDIA had an EPS of $1.32, compared to year-ago quarter EPS of $0.78. The current stock performance of NVIDIA shows a 52-week-high of $346.47 and a 52-week-low of $115.67. Moreover, at the end of the last trading period, the closing price was at $265.11.

For Marker Therapeutics Inc MRKR, Roth Capital downgraded the previous rating of Buy to Neutral. At the moment, the stock has a 52-week-high of $3.65 and a 52-week-low of $0.51. Marker Therapeutics closed at $0.62 at the end of the last trading period.

According to Morgan Stanley, the prior rating for 3M Co MMM was changed from Equal-Weight to Underweight. In the fourth quarter, 3M showed an EPS of $2.31, compared to $2.38 from the year-ago quarter. The current stock performance of 3M shows a 52-week-high of $208.95 and a 52-week-low of $154.11. Moreover, at the end of the last trading period, the closing price was at $155.63.

According to JP Morgan, the prior rating for Banco De Chile BCH was changed from Overweight to Neutral. In the fourth quarter, Banco De Chile showed an EPS of $0.66, compared to $0.00 from the year-ago quarter. The current stock performance of Banco De Chile shows a 52-week-high of $25.12 and a 52-week-low of $15.60. Moreover, at the end of the last trading period, the closing price was at $21.68.

JP Morgan downgraded the previous rating for Banco Santander Chile BSAC from Overweight to Neutral. For the fourth quarter, Banco Santander Chile had an EPS of $0.58, compared to year-ago quarter EPS of $0.55. The current stock performance of Banco Santander Chile shows a 52-week-high of $26.15 and a 52-week-low of $15.37. Moreover, at the end of the last trading period, the closing price was at $20.14.

For TC Energy Corp TRP, Raymond James downgraded the previous rating of Strong Buy to Outperform. In the fourth quarter, TC Energy showed an EPS of $0.84, compared to $0.99 from the year-ago quarter. The stock has a 52-week-high of $55.34 and a 52-week-low of $41.89. At the end of the last trading period, TC Energy closed at $52.49.

For CF Industries Holdings Inc CF, JP Morgan downgraded the previous rating of Overweight to Neutral. CF Industries Holdings earned $3.27 in the fourth quarter, compared to $0.40 in the year-ago quarter. The current stock performance of CF Industries Holdings shows a 52-week-high of $77.24 and a 52-week-low of $42.85. Moreover, at the end of the last trading period, the closing price was at $74.42.

See all analyst ratings downgrades.

Initiations

JP Morgan initiated coverage on Tata Motors Ltd TTM with an Overweight rating. Tata Motors earned $0.26 in the third quarter, compared to $0.11 in the year-ago quarter. The current stock performance of Tata Motors shows a 52-week-high of $35.38 and a 52-week-low of $18.48. Moreover, at the end of the last trading period, the closing price was at $33.05.

With a Buy rating, Roth Capital initiated coverage on Revelation Biosciences Inc REVB. The price target seems to have been set at $12.00 for Revelation Biosciences. At the moment, the stock has a 52-week-high of $9.75 and a 52-week-low of $2.02. Revelation Biosciences closed at $2.23 at the end of the last trading period.

Credit Suisse initiated coverage on Autoliv Inc ALV with a Neutral rating. The price target for Autoliv is set to $105.00. Autoliv earned $1.30 in the fourth quarter, compared to $2.19 in the year-ago quarter. The stock has a 52-week-high of $110.59 and a 52-week-low of $80.83. At the end of the last trading period, Autoliv closed at $103.18.

With a Buy rating, Needham initiated coverage on Navitas Semiconductor Corp NVTS. The price target seems to have been set at $16.00 for Navitas Semiconductor. At the moment, the stock has a 52-week-high of $22.19 and a 52-week-low of $8.56. Navitas Semiconductor closed at $9.56 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on Benitec Biopharma Inc BNTC with a Buy rating. The price target for Benitec Biopharma is set to $10.00. Benitec Biopharma earned $0.59 in the second quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $10.49 and a 52-week-low of $2.28. Benitec Biopharma closed at $2.69 at the end of the last trading period.

With an Overweight rating, JP Morgan initiated coverage on Itau Corpbanca ITCB. The price target seems to have been set at $5.00 for Itau Corpbanca. For the third quarter, Itau Corpbanca had an EPS of $0.21, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $6.23 and a 52-week-low of $2.75. At the end of the last trading period, Itau Corpbanca closed at $3.30.

With a Buy rating, Daiwa Capital initiated coverage on Block Inc SQ. The price target seems to have been set at $160.00 for Block. Block earned $0.37 in the third quarter, compared to $0.34 in the year-ago quarter. The current stock performance of Block shows a 52-week-high of $289.23 and a 52-week-low of $99.50. Moreover, at the end of the last trading period, the closing price was at $109.00.

With a Market Perform rating, BMO Capital initiated coverage on Monster Beverage Corp MNST. The price target seems to have been set at $92.00 for Monster Beverage. For the third quarter, Monster Beverage had an EPS of $0.63, compared to year-ago quarter EPS of $0.65. At the moment, the stock has a 52-week-high of $99.89 and a 52-week-low of $80.92. Monster Beverage closed at $83.22 at the end of the last trading period.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings