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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For April 4, 2022

Upgrades

According to Scotiabank, the prior rating for Welltower Inc (NYSE:WELL) was changed from Sector Perform to Sector Outperform. In the fourth quarter, Welltower showed an EPS of $0.83, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $98.47 and a 52-week-low of $70.74. At the end of the last trading period, Welltower closed at $97.82.

According to B of A Securities, the prior rating for SunPower Corp (NASDAQ:SPWR) was changed from Underperform to Neutral. In the fourth quarter, SunPower showed an EPS of $0.07, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $35.00 and a 52-week-low of $14.00. SunPower closed at $21.41 at the end of the last trading period.

For Leslies Inc (NASDAQ:LESL), Goldman Sachs upgraded the previous rating of Neutral to Buy. For the first quarter, Leslies had an EPS of $0.06, compared to year-ago quarter EPS of $0.06. The current stock performance of Leslies shows a 52-week-high of $31.55 and a 52-week-low of $18.14. Moreover, at the end of the last trading period, the closing price was at $20.15.

For Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. For the fourth quarter, Ollie's Bargain Outlet had an EPS of $0.69, compared to year-ago quarter EPS of $0.97. At the moment, the stock has a 52-week-high of $98.58 and a 52-week-low of $37.67. Ollie's Bargain Outlet closed at $42.85 at the end of the last trading period.

For NIO Inc (NYSE:NIO), UBS upgraded the previous rating of Neutral to Buy. NIO earned $0.16 in the fourth quarter, compared to $0.14 in the year-ago quarter. The current stock performance of NIO shows a 52-week-high of $55.13 and a 52-week-low of $13.01. Moreover, at the end of the last trading period, the closing price was at $21.93.

Evercore ISI Group upgraded the previous rating for DCP Midstream LP (NYSE:DCP) from In-Line to Outperform. In the fourth quarter, DCP Midstream showed an EPS of $1.44, compared to $0.34 from the year-ago quarter. The stock has a 52-week-high of $36.71 and a 52-week-low of $21.32. At the end of the last trading period, DCP Midstream closed at $33.16.

JP Morgan upgraded the previous rating for Zebra Technologies Corp (NASDAQ:ZBRA) from Neutral to Overweight. Zebra Technologies earned $4.54 in the fourth quarter, compared to $4.46 in the year-ago quarter. The current stock performance of Zebra Technologies shows a 52-week-high of $615.00 and a 52-week-low of $375.63. Moreover, at the end of the last trading period, the closing price was at $413.73.

See all analyst ratings upgrades.

Downgrades

Chardan Capital downgraded the previous rating for Kaleido Biosciences Inc (NASDAQ:KLDO) from Buy to Neutral. For the third quarter, Kaleido Biosciences had an EPS of $0.54, compared to year-ago quarter EPS of $0.65. The current stock performance of Kaleido Biosciences shows a 52-week-high of $9.47 and a 52-week-low of $1.30. Moreover, at the end of the last trading period, the closing price was at $1.70.

JP Morgan downgraded the previous rating for Gold Fields Ltd (NYSE:GFI) from Overweight to Neutral. NoneThe current stock performance of Gold Fields shows a 52-week-high of $17.20 and a 52-week-low of $7.75. Moreover, at the end of the last trading period, the closing price was at $16.12.

B of A Securities downgraded the previous rating for Sportradar Group AG (NASDAQ:SRAD) from Buy to Neutral. At the moment, the stock has a 52-week-high of $28.22 and a 52-week-low of $11.06. Sportradar Gr closed at $16.65 at the end of the last trading period.

According to Argus Research, the prior rating for PPL Corp (NYSE:PPL) was changed from Buy to Hold. PPL earned $0.22 in the fourth quarter, compared to $0.59 in the year-ago quarter. The current stock performance of PPL shows a 52-week-high of $30.71 and a 52-week-low of $25.27. Moreover, at the end of the last trading period, the closing price was at $29.02.

Citigroup downgraded the previous rating for Quest Diagnostics Inc (NYSE:DGX) from Buy to Neutral. For the fourth quarter, Quest Diagnostics had an EPS of $3.33, compared to year-ago quarter EPS of $4.48. At the moment, the stock has a 52-week-high of $174.16 and a 52-week-low of $125.69. Quest Diagnostics closed at $136.33 at the end of the last trading period.

According to Citigroup, the prior rating for Avantor Inc (NYSE:AVTR) was changed from Buy to Neutral. For the fourth quarter, Avantor had an EPS of $0.36, compared to year-ago quarter EPS of $0.29. At the moment, the stock has a 52-week-high of $44.37 and a 52-week-low of $29.01. Avantor closed at $34.19 at the end of the last trading period.

Loop Capital downgraded the previous rating for Crocs Inc (NASDAQ:CROX) from Buy to Hold. In the fourth quarter, Crocs showed an EPS of $2.15, compared to $1.06 from the year-ago quarter. The current stock performance of Crocs shows a 52-week-high of $183.88 and a 52-week-low of $66.50. Moreover, at the end of the last trading period, the closing price was at $75.73.

For WD-40 Co (NASDAQ:WDFC), DA Davidson downgraded the previous rating of Neutral to Underperform. In the first quarter, WD-40 showed an EPS of $1.34, compared to $1.72 from the year-ago quarter. At the moment, the stock has a 52-week-high of $321.41 and a 52-week-low of $182.11. WD-40 closed at $185.01 at the end of the last trading period.

For Brookfield Renewable Partners LP (NYSE:BEP), TD Securities downgraded the previous rating of Buy to Hold. For the fourth quarter, Brookfield Renewable had an EPS of $0.12, compared to year-ago quarter EPS of $0.37. At the moment, the stock has a 52-week-high of $44.30 and a 52-week-low of $30.93. Brookfield Renewable closed at $40.97 at the end of the last trading period.

For Duck Creek Technologies Inc (NASDAQ:DCT), Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the second quarter, Duck Creek Technologies showed an EPS of $0.04, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $50.90 and a 52-week-low of $18.60. Duck Creek Technologies closed at $19.04 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Silverback Therapeutics Inc (NASDAQ:SBTX) was changed from Buy to Neutral. Silverback Therapeutics earned $0.67 in the fourth quarter, compared to $1.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.55 and a 52-week-low of $3.06. Silverback Therapeutics closed at $3.21 at the end of the last trading period.

RBC Capital downgraded the previous rating for LHC Group Inc (NASDAQ:LHCG) from Outperform to Sector Perform. In the fourth quarter, LHC Group showed an EPS of $1.26, compared to $1.40 from the year-ago quarter. The stock has a 52-week-high of $223.63 and a 52-week-low of $108.42. At the end of the last trading period, LHC Group closed at $168.13.

For Hologic Inc (NASDAQ:HOLX), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. Hologic earned $2.17 in the first quarter, compared to $2.86 in the year-ago quarter. The stock has a 52-week-high of $81.04 and a 52-week-low of $60.10. At the end of the last trading period, Hologic closed at $76.93.

For Hercules Capital Inc (NYSE:HTGC), Piper Sandler downgraded the previous rating of Overweight to Neutral. Hercules Capital earned $0.35 in the fourth quarter, compared to $0.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.61 and a 52-week-low of $15.91. Hercules Capital closed at $18.57 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Baxter International Inc (NYSE:BAX) was changed from Neutral to Sell. Baxter Intl earned $1.04 in the fourth quarter, compared to $0.80 in the year-ago quarter. The stock has a 52-week-high of $89.70 and a 52-week-low of $73.12. At the end of the last trading period, Baxter Intl closed at $78.58.

Evercore ISI Group downgraded the previous rating for Enterprise Products Partners LP (NYSE:EPD) from Outperform to In-Line. For the fourth quarter, Enterprise Prods Partners had an EPS of $0.47, compared to year-ago quarter EPS of $0.15. The current stock performance of Enterprise Prods Partners shows a 52-week-high of $26.18 and a 52-week-low of $20.42. Moreover, at the end of the last trading period, the closing price was at $25.86.

William Blair downgraded the previous rating for Blend Labs Inc (NYSE:BLND) from Outperform to Market Perform. At the moment, the stock has a 52-week-high of $21.04 and a 52-week-low of $4.45. Blend Labs closed at $4.80 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Positive rating, Susquehanna initiated coverage on Shift4 Payments Inc (NYSE:FOUR). The price target seems to have been set at $97.00 for Shift4 Payments. In the fourth quarter, Shift4 Payments showed an EPS of $0.08, compared to $0.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $104.11 and a 52-week-low of $38.88. Shift4 Payments closed at $63.54 at the end of the last trading period.

BTIG initiated coverage on Gracell Biotechnologies Inc (NASDAQ:GRCL) with a Buy rating. The price target for Gracell Biotechnologies is set to $18.00. For the fourth quarter, Gracell Biotechnologies had an EPS of $0.30, compared to year-ago quarter EPS of $0.75. At the moment, the stock has a 52-week-high of $19.74 and a 52-week-low of $1.68. Gracell Biotechnologies closed at $2.24 at the end of the last trading period.

With an Underperform rating, B of A Securities initiated coverage on Patrick Industries Inc (NASDAQ:PATK). The price target seems to have been set at $60.00 for Patrick Industries. For the fourth quarter, Patrick Industries had an EPS of $2.62, compared to year-ago quarter EPS of $1.64. The stock has a 52-week-high of $98.83 and a 52-week-low of $59.53. At the end of the last trading period, Patrick Industries closed at $61.21.

With an Outperform rating, SVB Leerink initiated coverage on Alignment Healthcare Inc (NASDAQ:ALHC). The price target seems to have been set at $19.00 for Alignment Healthcare. The stock has a 52-week-high of $28.59 and a 52-week-low of $6.14. At the end of the last trading period, Alignment Healthcare closed at $11.72.

Morgan Stanley initiated coverage on Marqeta Inc (NASDAQ:MQ) with a Equal-Weight rating. The price target for Marqeta is set to $15.00. For the fourth quarter, Marqeta had an EPS of $0.07, compared to year-ago quarter EPS of $0.11. The current stock performance of Marqeta shows a 52-week-high of $37.90 and a 52-week-low of $8.24. Moreover, at the end of the last trading period, the closing price was at $11.10.

Needham initiated coverage on Fast Radius Inc (NASDAQ:FSRD) with a Buy rating. The price target for Fast Radius is set to $4.00. The stock has a 52-week-high of $8.36 and a 52-week-low of $1.34. At the end of the last trading period, Fast Radius closed at $1.38.

With an Overweight rating, Piper Sandler initiated coverage on DigitalOcean Holdings Inc (NYSE:DOCN). The price target seems to have been set at $72.00 for DigitalOcean Holdings. The stock has a 52-week-high of $133.40 and a 52-week-low of $35.35. At the end of the last trading period, DigitalOcean Holdings closed at $59.57.

See all analyst ratings initiations.

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