Upgrades
B of A Securities upgraded the previous rating for Check Point Software Technologies Ltd (NASDAQ:CHKP) from Underperform to Buy. Check Point Software earned $1.57 in the first quarter, compared to $1.54 in the year-ago quarter. The current stock performance of Check Point Software shows a 52-week-high of $149.62 and a 52-week-low of $107.85. Moreover, at the end of the last trading period, the closing price was at $123.75.
According to Stifel, the prior rating for Franco-Nevada Corp (NYSE:FNV) was changed from Hold to Buy. In the first quarter, Franco-Nevada showed an EPS of $0.93, compared to $0.84 from the year-ago quarter. The current stock performance of Franco-Nevada shows a 52-week-high of $169.32 and a 52-week-low of $122.79. Moreover, at the end of the last trading period, the closing price was at $124.08.
According to Stifel, the prior rating for Xylem Inc (NYSE:XYL) was changed from Hold to Buy. For the first quarter, Xylem had an EPS of $0.47, compared to year-ago quarter EPS of $0.56. The stock has a 52-week-high of $138.78 and a 52-week-low of $72.08. At the end of the last trading period, Xylem closed at $79.78.
According to HSBC, the prior rating for Chevron Corp (NYSE:CVX) was changed from Hold to Buy. Chevron earned $3.36 in the first quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of $182.40 and a 52-week-low of $92.86. At the end of the last trading period, Chevron closed at $144.61.
Morgan Stanley upgraded the previous rating for Vital Farms Inc (NASDAQ:VITL) from Equal-Weight to Overweight. In the first quarter, Vital Farms showed an EPS of $0.04, compared to $0.08 from the year-ago quarter. The stock has a 52-week-high of $20.17 and a 52-week-low of $7.89. At the end of the last trading period, Vital Farms closed at $9.07.
For DT Midstream Inc (NYSE:DTM), Barclays upgraded the previous rating of Equal-Weight to Overweight. For the first quarter, DT Midstream had an EPS of $0.84, compared to year-ago quarter EPS of $0.89. The current stock performance of DT Midstream shows a 52-week-high of $59.36 and a 52-week-low of $40.05. Moreover, at the end of the last trading period, the closing price was at $50.09.
According to Stifel, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from Hold to Buy. Netflix earned $3.20 in the second quarter, compared to $2.97 in the year-ago quarter. The current stock performance of Netflix shows a 52-week-high of $700.99 and a 52-week-low of $162.71. Moreover, at the end of the last trading period, the closing price was at $201.63.
For FMC Corp (NYSE:FMC), Keybanc upgraded the previous rating of Sector Weight to Overweight. FMC earned $1.88 in the first quarter, compared to $1.53 in the year-ago quarter. At the moment, the stock has a 52-week-high of $140.99 and a 52-week-low of $87.27. FMC closed at $103.80 at the end of the last trading period.
Keybanc upgraded the previous rating for Axalta Coating Systems Ltd (NYSE:AXTA) from Sector Weight to Overweight. In the first quarter, Axalta Coating Sys showed an EPS of $0.31, compared to $0.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.12 and a 52-week-low of $21.44. Axalta Coating Sys closed at $24.13 at the end of the last trading period.
According to Keybanc, the prior rating for Albemarle Corp (NYSE:ALB) was changed from Underweight to Sector Weight. For the first quarter, Albemarle had an EPS of $2.38, compared to year-ago quarter EPS of $1.10. The current stock performance of Albemarle shows a 52-week-high of $291.48 and a 52-week-low of $169.93. Moreover, at the end of the last trading period, the closing price was at $211.52.
For Alibaba Group Holding Ltd (NYSE:BABA), Bernstein upgraded the previous rating of Market Perform to Outperform. Alibaba Group Holding earned $1.25 in the fourth quarter, compared to $1.58 in the year-ago quarter. At the moment, the stock has a 52-week-high of $216.39 and a 52-week-low of $73.28. Alibaba Group Holding closed at $104.75 at the end of the last trading period.
For Berry Global Group Inc (NYSE:BERY), Credit Suisse upgraded the previous rating of Neutral to Outperform. For the second quarter, Berry Global Group had an EPS of $1.93, compared to year-ago quarter EPS of $1.59. The current stock performance of Berry Global Group shows a 52-week-high of $74.73 and a 52-week-low of $50.10. Moreover, at the end of the last trading period, the closing price was at $54.86.
See all analyst ratings upgrades.
Downgrades
BTIG downgraded the previous rating for Forestar Group Inc (NYSE:FOR) from Buy to Neutral. In the third quarter, Forestar Group showed an EPS of $0.80, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $22.60 and a 52-week-low of $13.06. At the end of the last trading period, Forestar Group closed at $15.84.
According to Argus Research, the prior rating for Weyerhaeuser Co (NYSE:WY) was changed from Buy to Hold. For the first quarter, Weyerhaeuser had an EPS of $1.31, compared to year-ago quarter EPS of $0.91. At the moment, the stock has a 52-week-high of $43.04 and a 52-week-low of $32.50. Weyerhaeuser closed at $35.16 at the end of the last trading period.
Goldman Sachs downgraded the previous rating for Vasta Platform Ltd (NASDAQ:VSTA) from Buy to Neutral. Vasta Platform earned $0.11 in the first quarter, compared to $0.07 in the year-ago quarter. The current stock performance of Vasta Platform shows a 52-week-high of $7.83 and a 52-week-low of $2.20. Moreover, at the end of the last trading period, the closing price was at $5.35.
For WEC Energy Group Inc (NYSE:WEC), Credit Suisse downgraded the previous rating of Neutral to Underperform. WEC Energy Gr earned $1.79 in the first quarter, compared to $1.61 in the year-ago quarter. At the moment, the stock has a 52-week-high of $108.39 and a 52-week-low of $86.84. WEC Energy Gr closed at $99.07 at the end of the last trading period.
B of A Securities downgraded the previous rating for F5 Inc (NASDAQ:FFIV) from Buy to Neutral. F5 earned $2.13 in the second quarter, compared to $2.50 in the year-ago quarter. The stock has a 52-week-high of $249.00 and a 52-week-low of $142.43. At the end of the last trading period, F5 closed at $151.68.
B of A Securities downgraded the previous rating for Arista Networks Inc (NYSE:ANET) from Buy to Underperform. In the first quarter, Arista Networks showed an EPS of $0.84, compared to $0.63 from the year-ago quarter. The stock has a 52-week-high of $536.54 and a 52-week-low of $89.11. At the end of the last trading period, Arista Networks closed at $104.75.
According to Citigroup, the prior rating for ExlService Holdings Inc (NASDAQ:EXLS) was changed from Neutral to Sell. ExlService Holdings earned $1.42 in the first quarter, compared to $1.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $156.15 and a 52-week-low of $105.69. ExlService Holdings closed at $146.96 at the end of the last trading period.
B of A Securities downgraded the previous rating for Juniper Networks Inc (NYSE:JNPR) from Buy to Underperform. Juniper Networks earned $0.31 in the first quarter, compared to $0.30 in the year-ago quarter. The current stock performance of Juniper Networks shows a 52-week-high of $38.14 and a 52-week-low of $26.12. Moreover, at the end of the last trading period, the closing price was at $29.18.
For Hologic Inc (NASDAQ:HOLX), B of A Securities downgraded the previous rating of Buy to Neutral. In the second quarter, Hologic showed an EPS of $2.07, compared to $2.59 from the year-ago quarter. The current stock performance of Hologic shows a 52-week-high of $81.04 and a 52-week-low of $66.58. Moreover, at the end of the last trading period, the closing price was at $70.49.
Bernstein downgraded the previous rating for Cummins Inc (NYSE:CMI) from Outperform to Market Perform. For the first quarter, Cummins had an EPS of $4.04, compared to year-ago quarter EPS of $4.07. The current stock performance of Cummins shows a 52-week-high of $247.48 and a 52-week-low of $184.28. Moreover, at the end of the last trading period, the closing price was at $205.05.
Citigroup downgraded the previous rating for Atara Biotherapeutics Inc (NASDAQ:ATRA) from Neutral to Sell. In the first quarter, Atara Biotherapeutics showed an EPS of $0.87, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $20.04 and a 52-week-low of $3.41. At the end of the last trading period, Atara Biotherapeutics closed at $3.64.
HC Wainwright & Co. downgraded the previous rating for Vascular Biogenics Ltd (NASDAQ:VBLT) from Buy to Neutral. Vascular Biogenics earned $0.13 in the first quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.58 and a 52-week-low of $1.10. Vascular Biogenics closed at $2.05 at the end of the last trading period.
For Ally Financial Inc (NYSE:ALLY), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. For the second quarter, Ally Financial had an EPS of $1.76, compared to year-ago quarter EPS of $2.33. At the moment, the stock has a 52-week-high of $56.28 and a 52-week-low of $31.66. Ally Financial closed at $33.32 at the end of the last trading period.
According to Credit Suisse, the prior rating for Sealed Air Corp (NYSE:SEE) was changed from Outperform to Neutral. For the first quarter, Sealed Air had an EPS of $1.12, compared to year-ago quarter EPS of $0.78. The stock has a 52-week-high of $70.72 and a 52-week-low of $53.87. At the end of the last trading period, Sealed Air closed at $57.75.
According to JP Morgan, the prior rating for Eagle Materials Inc (NYSE:EXP) was changed from Overweight to Neutral. In the fourth quarter, Eagle Materials showed an EPS of $1.90, compared to $1.56 from the year-ago quarter. At the moment, the stock has a 52-week-high of $169.15 and a 52-week-low of $105.34. Eagle Materials closed at $120.25 at the end of the last trading period.
According to Piper Sandler, the prior rating for Equity Residential (NYSE:EQR) was changed from Neutral to Underweight. In the first quarter, Equity Residential showed an EPS of $0.77, compared to $0.68 from the year-ago quarter. At the moment, the stock has a 52-week-high of $94.32 and a 52-week-low of $67.48. Equity Residential closed at $72.57 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
UBS initiated coverage on QuidelOrtho Corp (NASDAQ:QDEL) with a Sell rating. The price target for QuidelOrtho is set to $86.00. For the first quarter, QuidelOrtho had an EPS of $11.66, compared to year-ago quarter EPS of $4.38. At the moment, the stock has a 52-week-high of $180.06 and a 52-week-low of $88.05. QuidelOrtho closed at $105.20 at the end of the last trading period.
Chardan Capital initiated coverage on Dyne Therapeutics Inc (NASDAQ:DYN) with a Buy rating. The price target for Dyne Therapeutics is set to $17.00. Dyne Therapeutics earned $0.69 in the first quarter, compared to $0.50 in the year-ago quarter. The stock has a 52-week-high of $20.34 and a 52-week-low of $4.30. At the end of the last trading period, Dyne Therapeutics closed at $10.25.
Chardan Capital initiated coverage on Avidity Biosciences Inc (NASDAQ:RNA) with a Buy rating. The price target for Avidity Biosciences is set to $29.00. In the first quarter, Avidity Biosciences showed an EPS of $0.71, compared to $0.64 from the year-ago quarter. The stock has a 52-week-high of $29.25 and a 52-week-low of $10.89. At the end of the last trading period, Avidity Biosciences closed at $17.76.
MKM Partners initiated coverage on Civitas Resources Inc (NYSE:CIVI) with a Buy rating. The price target for Civitas Resources is set to $70.00. In the first quarter, Civitas Resources showed an EPS of $2.51, compared to $0.88 from the year-ago quarter. The stock has a 52-week-high of $84.76 and a 52-week-low of $31.74. At the end of the last trading period, Civitas Resources closed at $52.67.
Susquehanna initiated coverage on Caesars Entertainment Inc (NASDAQ:CZR) with a Negative rating. The price target for Caesars Entertainment is set to $32.00. In the first quarter, Caesars Entertainment showed an EPS of $2.11, compared to $2.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $119.81 and a 52-week-low of $35.10. Caesars Entertainment closed at $41.79 at the end of the last trading period.
With a Buy rating, UBS initiated coverage on Repligen Corp (NASDAQ:RGEN). The price target seems to have been set at $213.00 for Repligen. In the first quarter, Repligen showed an EPS of $0.92, compared to $0.68 from the year-ago quarter. At the moment, the stock has a 52-week-high of $327.32 and a 52-week-low of $137.21. Repligen closed at $168.07 at the end of the last trading period.
With a Buy rating, UBS initiated coverage on PerkinElmer Inc (NYSE:PKI). The price target seems to have been set at $160.00 for PerkinElmer. For the first quarter, PerkinElmer had an EPS of $2.41, compared to year-ago quarter EPS of $3.72. The current stock performance of PerkinElmer shows a 52-week-high of $203.16 and a 52-week-low of $130.65. Moreover, at the end of the last trading period, the closing price was at $137.39.
With a Buy rating, UBS initiated coverage on Agilent Technologies Inc (NYSE:A). The price target seems to have been set at $139.00 for Agilent Technologies. For the second quarter, Agilent Technologies had an EPS of $1.13, compared to year-ago quarter EPS of $0.97. At the moment, the stock has a 52-week-high of $179.57 and a 52-week-low of $112.52. Agilent Technologies closed at $119.06 at the end of the last trading period.
UBS initiated coverage on Danaher Corp (NYSE:DHR) with a Buy rating. The price target for Danaher is set to $297.00. For the first quarter, Danaher had an EPS of $2.76, compared to year-ago quarter EPS of $2.52. The stock has a 52-week-high of $333.96 and a 52-week-low of $233.71. At the end of the last trading period, Danaher closed at $255.75.
UBS initiated coverage on Mettler-Toledo International Inc (NYSE:MTD) with a Neutral rating. The price target for Mettler-Toledo Intl is set to $1237.00. For the first quarter, Mettler-Toledo Intl had an EPS of $7.87, compared to year-ago quarter EPS of $6.56. At the moment, the stock has a 52-week-high of $1714.75 and a 52-week-low of $1082.78. Mettler-Toledo Intl closed at $1156.87 at the end of the last trading period.
UBS initiated coverage on Waters Corp (NYSE:WAT) with a Neutral rating. The price target for Waters is set to $349.00. Waters earned $2.80 in the first quarter, compared to $2.29 in the year-ago quarter. The current stock performance of Waters shows a 52-week-high of $428.22 and a 52-week-low of $288.32. Moreover, at the end of the last trading period, the closing price was at $330.76.
With a Neutral rating, UBS initiated coverage on Hologic Inc (NASDAQ:HOLX). The price target seems to have been set at $73.00 for Hologic. For the second quarter, Hologic had an EPS of $2.07, compared to year-ago quarter EPS of $2.59. The stock has a 52-week-high of $81.04 and a 52-week-low of $66.58. At the end of the last trading period, Hologic closed at $70.49.
With a Equal-Weight rating, Morgan Stanley initiated coverage on Sharecare Inc (NASDAQ:SHCR). The price target seems to have been set at $2.50 for Sharecare. The stock has a 52-week-high of $9.28 and a 52-week-low of $1.44. At the end of the last trading period, Sharecare closed at $1.62.
Goldman Sachs initiated coverage on Innoviva Inc (NASDAQ:INVA) with a Neutral rating. The price target for Innoviva is set to $16.00. In the first quarter, Innoviva showed an EPS of $0.39, compared to $0.84 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.71 and a 52-week-low of $12.91. Innoviva closed at $14.72 at the end of the last trading period.
SVB Leerink initiated coverage on Pliant Therapeutics Inc (NASDAQ:PLRX) with an Outperform rating. The price target for Pliant Therapeutics is set to $33.00. Pliant Therapeutics earned $0.78 in the first quarter, compared to $0.64 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.01 and a 52-week-low of $3.96. Pliant Therapeutics closed at $19.22 at the end of the last trading period.
With a Market Perform rating, SVB Leerink initiated coverage on Kymera Therapeutics Inc (NASDAQ:KYMR). The price target seems to have been set at $26.00 for Kymera Therapeutics. Kymera Therapeutics earned $0.71 in the first quarter, compared to $0.29 in the year-ago quarter. The stock has a 52-week-high of $69.12 and a 52-week-low of $13.15. At the end of the last trading period, Kymera Therapeutics closed at $22.89.
SVB Leerink initiated coverage on Morphic Holding Inc (NASDAQ:MORF) with an Outperform rating. The price target for Morphic Holding is set to $45.00. In the first quarter, Morphic Holding showed an EPS of $0.85, compared to $0.63 from the year-ago quarter. The stock has a 52-week-high of $68.75 and a 52-week-low of $19.23. At the end of the last trading period, Morphic Holding closed at $24.99.
With an Outperform rating, National Bank Of Canada initiated coverage on Novagold Resources Inc (AMEX:NG). The price target seems to have been set at $9.00 for Novagold Resources. In the second quarter, Novagold Resources showed an EPS of $0.04, compared to $0.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.36 and a 52-week-low of $4.22. Novagold Resources closed at $4.53 at the end of the last trading period.
With a Sell rating, Berenberg initiated coverage on Cazoo Group Ltd (NYSE:CZOO). The price target seems to have been set at $0.49 for Cazoo Gr. At the moment, the stock has a 52-week-high of $10.13 and a 52-week-low of $0.59. Cazoo Gr closed at $0.64 at the end of the last trading period.
With a Market Perform rating, Bernstein initiated coverage on Twilio Inc (NYSE:TWLO). The price target seems to have been set at $91.00 for Twilio. For the first quarter, Twilio had an EPS of $0.00, compared to year-ago quarter EPS of $0.05. The current stock performance of Twilio shows a 52-week-high of $412.68 and a 52-week-low of $77.14. Moreover, at the end of the last trading period, the closing price was at $89.10.
Canaccord Genuity initiated coverage on Arcellx Inc (NASDAQ:ACLX) with a Buy rating. The price target for Arcellx is set to $32.00. In the first quarter, Arcellx showed an EPS of $1.56, compared to $33.45 from the year-ago quarter. The stock has a 52-week-high of $26.91 and a 52-week-low of $6.04. At the end of the last trading period, Arcellx closed at $18.27.
Bernstein initiated coverage on Datadog Inc (NASDAQ:DDOG) with an Outperform rating. The price target for Datadog is set to $172.00. Datadog earned $0.24 in the first quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $199.68 and a 52-week-low of $81.12. At the end of the last trading period, Datadog closed at $92.96.
Bernstein initiated coverage on ServiceNow Inc (NYSE:NOW) with an Outperform rating. The price target for ServiceNow is set to $646.00. ServiceNow earned $1.73 in the first quarter, compared to $1.52 in the year-ago quarter. The stock has a 52-week-high of $707.60 and a 52-week-low of $406.47. At the end of the last trading period, ServiceNow closed at $435.94.
With an Outperform rating, Bernstein initiated coverage on Atlassian Corporation PLC (NASDAQ:TEAM). The price target seems to have been set at $257.00 for Atlassian Corporation. Atlassian Corporation earned $0.47 in the third quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $483.13 and a 52-week-low of $159.54. Atlassian Corporation closed at $191.59 at the end of the last trading period.
With a Market Perform rating, Bernstein initiated coverage on Okta Inc (NASDAQ:OKTA). The price target seems to have been set at $94.00 for Okta. For the first quarter, Okta had an EPS of $0.27, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $276.30 and a 52-week-low of $77.01. At the end of the last trading period, Okta closed at $95.69.
Bernstein initiated coverage on Zoom Video Communications Inc (NASDAQ:ZM) with a Market Perform rating. The price target for Zoom Video Comms is set to $122.00. For the first quarter, Zoom Video Comms had an EPS of $1.03, compared to year-ago quarter EPS of $1.32. The stock has a 52-week-high of $404.35 and a 52-week-low of $79.03. At the end of the last trading period, Zoom Video Comms closed at $102.08.
Benchmark initiated coverage on Forward Air Corp (NASDAQ:FWRD) with a Hold rating. In the first quarter, Forward Air showed an EPS of $1.57, compared to $0.60 from the year-ago quarter. At the moment, the stock has a 52-week-high of $125.71 and a 52-week-low of $80.56. Forward Air closed at $95.75 at the end of the last trading period.
Goldman Sachs initiated coverage on Prometheus Biosciences Inc (NASDAQ:RXDX) with a Buy rating. The price target for Prometheus Biosciences is set to $51.00. For the first quarter, Prometheus Biosciences had an EPS of $0.82, compared to year-ago quarter EPS of $1.67. The stock has a 52-week-high of $51.96 and a 52-week-low of $19.79. At the end of the last trading period, Prometheus Biosciences closed at $30.76.
Oppenheimer initiated coverage on Lumos Pharma Inc (NASDAQ:LUMO) with an Outperform rating. The price target for Lumos Pharma is set to $20.00. For the first quarter, Lumos Pharma had an EPS of $0.92, compared to year-ago quarter EPS of $1.04. The stock has a 52-week-high of $11.52 and a 52-week-low of $6.15. At the end of the last trading period, Lumos Pharma closed at $7.35.
Stephens & Co. initiated coverage on Landec Corp (NASDAQ:LNDC) with an Overweight rating. The price target for Landec is set to $13.00. For the third quarter, Landec had an EPS of $0.08, compared to year-ago quarter EPS of $0.09. The current stock performance of Landec shows a 52-week-high of $12.64 and a 52-week-low of $7.65. Moreover, at the end of the last trading period, the closing price was at $10.07.
MKM Partners initiated coverage on Viper Energy Partners LP (NASDAQ:VNOM) with a Buy rating. The price target for Viper Energy Partners is set to $31.00. For the first quarter, Viper Energy Partners had an EPS of $0.23, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $35.85 and a 52-week-low of $15.98. Viper Energy Partners closed at $26.98 at the end of the last trading period.
