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Benzinga
Benzinga
Business
Benzinga Insights

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

Upgrades

TD Securities upgraded the previous rating for AT&T Inc (NYSE:T) from Hold to Buy. In the first quarter, AT&T showed an EPS of $0.77, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $29.35 and a 52-week-low of $18.67. At the end of the last trading period, AT&T closed at $18.96.

B of A Securities upgraded the previous rating for The AZEK Co Inc (NYSE:AZEK) from Neutral to Buy. AZEK Co earned $0.33 in the second quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $46.56 and a 52-week-low of $15.52. At the end of the last trading period, AZEK Co closed at $15.79.

Baird upgraded the previous rating for M&T Bank Corp (NYSE:MTB) from Neutral to Outperform. For the first quarter, M&T Bank had an EPS of $2.73, compared to year-ago quarter EPS of $3.41. At the moment, the stock has a 52-week-high of $186.95 and a 52-week-low of $128.46. M&T Bank closed at $160.64 at the end of the last trading period.

For Fifth Third Bancorp (NASDAQ:FITB), Baird upgraded the previous rating of Neutral to Outperform. In the first quarter, Fifth Third Bancorp showed an EPS of $0.68, compared to $0.93 from the year-ago quarter. The current stock performance of Fifth Third Bancorp shows a 52-week-high of $50.64 and a 52-week-low of $33.00. Moreover, at the end of the last trading period, the closing price was at $33.25.

According to Baird, the prior rating for Capital One Financial Corp (NYSE:COF) was changed from Neutral to Outperform. In the first quarter, Capital One Financial showed an EPS of $5.62, compared to $7.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $177.95 and a 52-week-low of $98.54. Capital One Financial closed at $102.11 at the end of the last trading period.

According to Baird, the prior rating for American Express Co (NYSE:AXP) was changed from Neutral to Outperform. In the first quarter, American Express showed an EPS of $2.73, compared to $2.74 from the year-ago quarter. The stock has a 52-week-high of $199.55 and a 52-week-low of $136.49. At the end of the last trading period, American Express closed at $137.50.

Goldman Sachs upgraded the previous rating for Utz Brands Inc (NYSE:UTZ) from Neutral to Buy. Utz Brands earned $0.11 in the first quarter, compared to $0.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $23.92 and a 52-week-low of $12.06. Utz Brands closed at $12.34 at the end of the last trading period.

For NextEra Energy Partners LP (NYSE:NEP), RBC Capital upgraded the previous rating of Sector Perform to Outperform. For the first quarter, NextEra Energy Partners had an EPS of $1.72, compared to year-ago quarter EPS of $2.66. The stock has a 52-week-high of $88.80 and a 52-week-low of $61.31. At the end of the last trading period, NextEra Energy Partners closed at $67.20.

According to JP Morgan, the prior rating for ZIM Integrated Shipping Services Ltd (NYSE:ZIM) was changed from Underweight to Neutral. In the first quarter, ZIM Integrated Shipping showed an EPS of $14.19, compared to $5.13 from the year-ago quarter. The stock has a 52-week-high of $91.23 and a 52-week-low of $33.71. At the end of the last trading period, ZIM Integrated Shipping closed at $48.80.

See all analyst ratings upgrades.

Downgrades

According to Wells Fargo, the prior rating for Toll Brothers Inc (NYSE:TOL) was changed from Overweight to Equal-Weight. In the second quarter, Toll Brothers showed an EPS of $1.85, compared to $1.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $75.61 and a 52-week-low of $40.88. Toll Brothers closed at $41.58 at the end of the last trading period.

For Olin Corp (NYSE:OLN), Citigroup downgraded the previous rating of Buy to Neutral. For the first quarter, Olin had an EPS of $2.48, compared to year-ago quarter EPS of $1.54. The stock has a 52-week-high of $67.25 and a 52-week-low of $39.90. At the end of the last trading period, Olin closed at $49.29.

B of A Securities downgraded the previous rating for Dream Finders Homes Inc (NASDAQ:DFH) from Neutral to Underperform. For the first quarter, Dream Finders Homes had an EPS of $0.42, compared to year-ago quarter EPS of $0.18. The current stock performance of Dream Finders Homes shows a 52-week-high of $25.42 and a 52-week-low of $11.50. Moreover, at the end of the last trading period, the closing price was at $11.82.

For Owens-Corning Inc (NYSE:OC), B of A Securities downgraded the previous rating of Buy to Underperform. Owens-Corning earned $2.84 in the first quarter, compared to $1.73 in the year-ago quarter. The stock has a 52-week-high of $101.12 and a 52-week-low of $75.58. At the end of the last trading period, Owens-Corning closed at $76.19.

According to Truist Securities, the prior rating for Roblox Corp (NYSE:RBLX) was changed from Buy to Hold. Roblox earned $0.27 in the first quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $141.60 and a 52-week-low of $21.65. At the end of the last trading period, Roblox closed at $24.69.

Citigroup downgraded the previous rating for Dow Inc (NYSE:DOW) from Buy to Neutral. For the first quarter, Dow had an EPS of $2.34, compared to year-ago quarter EPS of $1.36. At the moment, the stock has a 52-week-high of $71.86 and a 52-week-low of $52.07. Dow closed at $55.42 at the end of the last trading period.

Citigroup downgraded the previous rating for Westlake Corp (NYSE:WLK) from Buy to Neutral. For the first quarter, Westlake had an EPS of $5.83, compared to year-ago quarter EPS of $1.87. At the moment, the stock has a 52-week-high of $141.19 and a 52-week-low of $78.06. Westlake closed at $100.91 at the end of the last trading period.

Citigroup downgraded the previous rating for CF Industries Holdings Inc (NYSE:CF) from Buy to Neutral. CF Industries Holdings earned $4.21 in the first quarter, compared to $0.70 in the year-ago quarter. At the moment, the stock has a 52-week-high of $113.48 and a 52-week-low of $43.19. CF Industries Holdings closed at $90.61 at the end of the last trading period.

According to Raymond James, the prior rating for PROG Holdings Inc (NYSE:PRG) was changed from Outperform to Market Perform. In the first quarter, PROG Holdings showed an EPS of $0.57, compared to $1.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $52.06 and a 52-week-low of $16.22. PROG Holdings closed at $16.57 at the end of the last trading period.

According to B. Riley Securities, the prior rating for Urban Outfitters Inc (NASDAQ:URBN) was changed from Buy to Neutral. Urban Outfitters earned $0.33 in the first quarter, compared to $0.54 in the year-ago quarter. The stock has a 52-week-high of $42.10 and a 52-week-low of $17.81. At the end of the last trading period, Urban Outfitters closed at $20.34.

Wells Fargo downgraded the previous rating for M.D.C. Holdings Inc (NYSE:MDC) from Equal-Weight to Underweight. M.D.C. Holdings earned $2.02 in the first quarter, compared to $1.51 in the year-ago quarter. At the moment, the stock has a 52-week-high of $56.53 and a 52-week-low of $29.03. M.D.C. Holdings closed at $29.64 at the end of the last trading period.

For Meritage Homes Corp (NYSE:MTH), Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. Meritage Homes earned $5.79 in the first quarter, compared to $3.44 in the year-ago quarter. At the moment, the stock has a 52-week-high of $125.01 and a 52-week-low of $66.08. Meritage Homes closed at $66.82 at the end of the last trading period.

B. Riley Securities downgraded the previous rating for American Eagle Outfitters Inc (NYSE:AEO) from Buy to Neutral. In the first quarter, American Eagle Outfitters showed an EPS of $0.16, compared to $0.48 from the year-ago quarter. The stock has a 52-week-high of $38.99 and a 52-week-low of $11.43. At the end of the last trading period, American Eagle Outfitters closed at $11.86.

See all analyst ratings downgrades.

Initiations

Loop Capital initiated coverage on Acadia Healthcare Co Inc (NASDAQ:ACHC) with a Hold rating. In the first quarter, Acadia Healthcare Co showed an EPS of $0.67, compared to $0.47 from the year-ago quarter. The current stock performance of Acadia Healthcare Co shows a 52-week-high of $76.69 and a 52-week-low of $50.07. Moreover, at the end of the last trading period, the closing price was at $66.15.

Loop Capital initiated coverage on HCA Healthcare Inc (NYSE:HCA) with a Buy rating. The price target for HCA Healthcare is set to $240.00. For the first quarter, HCA Healthcare had an EPS of $4.12, compared to year-ago quarter EPS of $4.14. At the moment, the stock has a 52-week-high of $279.02 and a 52-week-low of $169.12. HCA Healthcare closed at $171.56 at the end of the last trading period.

Cowen & Co. initiated coverage on Starry Group Holdings Inc (NYSE:STRY) with an Outperform rating. The price target for Starry Group Holdings is set to $9.00. The current stock performance of Starry Group Holdings shows a 52-week-high of $10.90 and a 52-week-low of $4.03. Moreover, at the end of the last trading period, the closing price was at $4.11.

Maxim Group initiated coverage on Femasys Inc (NASDAQ:FEMY) with a Buy rating. The price target for Femasys is set to $5.00. Femasys earned $0.24 in the first quarter, compared to $1.84 in the year-ago quarter. The stock has a 52-week-high of $13.75 and a 52-week-low of $1.26. At the end of the last trading period, Femasys closed at $1.30.

Morgan Stanley initiated coverage on Cvent Holding Corp (NASDAQ:CVT) with a Equal-Weight rating. The price target for Cvent Holding is set to $5.50. Cvent Holding earned $0.07 in the first quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $10.96 and a 52-week-low of $3.30. At the end of the last trading period, Cvent Holding closed at $4.79.

Raymond James initiated coverage on CTO Realty Growth Inc (NYSE:CTO) with an Outperform rating. The price target for CTO Realty Growth is set to $69.00. In the first quarter, CTO Realty Growth showed an EPS of $1.48, compared to $0.97 from the year-ago quarter. At the moment, the stock has a 52-week-high of $67.38 and a 52-week-low of $51.98. CTO Realty Growth closed at $57.69 at the end of the last trading period.

B. Riley Securities initiated coverage on ChargePoint Holdings Inc (NYSE:CHPT) with a Buy rating. The price target for ChargePoint Hldgs is set to $20.00. For the first quarter, ChargePoint Hldgs had an EPS of $0.21, compared to year-ago quarter EPS of $0.17. At the moment, the stock has a 52-week-high of $36.86 and a 52-week-low of $8.50. ChargePoint Hldgs closed at $12.55 at the end of the last trading period.

With an Outperform rating, BMO Capital initiated coverage on Legend Biotech Corp (NASDAQ:LEGN). The price target seems to have been set at $77.00 for Legend Biotech. For the first quarter, Legend Biotech had an EPS of $0.24, compared to year-ago quarter EPS of $0.30. At the moment, the stock has a 52-week-high of $58.00 and a 52-week-low of $30.75. Legend Biotech closed at $42.96 at the end of the last trading period.

With an Overweight rating, Barclays initiated coverage on Archaea Energy Inc (NYSE:LFG). The price target seems to have been set at $26.00 for Archaea Energy. The current stock performance of Archaea Energy shows a 52-week-high of $23.75 and a 52-week-low of $14.30. Moreover, at the end of the last trading period, the closing price was at $18.56.

With a Buy rating, Deutsche Bank initiated coverage on Grab Holdings Inc (NASDAQ:GRAB). The price target seems to have been set at $3.20 for Grab Hldgs. The current stock performance of Grab Hldgs shows a 52-week-high of $13.29 and a 52-week-low of $2.26. Moreover, at the end of the last trading period, the closing price was at $2.35.

With a Buy rating, B. Riley Securities initiated coverage on Tritium DCFC Ltd (NASDAQ:DCFC). The price target seems to have been set at $12.00 for Tritium DCFC. The stock has a 52-week-high of $19.75 and a 52-week-low of $5.72. At the end of the last trading period, Tritium DCFC closed at $5.77.

B. Riley Securities initiated coverage on Beam Global (NASDAQ:BEEM) with a Buy rating. The price target for Beam Glb is set to $23.00. In the first quarter, Beam Glb showed an EPS of $0.24, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $41.05 and a 52-week-low of $10.19. Beam Glb closed at $13.60 at the end of the last trading period.

With a Neutral rating, B. Riley Securities initiated coverage on Blink Charging Co (NASDAQ:BLNK). The price target seems to have been set at $15.00 for Blink Charging. Blink Charging earned $0.36 in the first quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.00 and a 52-week-low of $13.60. Blink Charging closed at $14.46 at the end of the last trading period.

BMO Capital initiated coverage on Verve Therapeutics Inc (NASDAQ:VERV) with an Outperform rating. The price target for Verve Therapeutics is set to $48.00. In the first quarter, Verve Therapeutics showed an EPS of $0.62, compared to $4.99 from the year-ago quarter. At the moment, the stock has a 52-week-high of $78.00 and a 52-week-low of $10.70. Verve Therapeutics closed at $11.14 at the end of the last trading period.

With an Outperform rating, BMO Capital initiated coverage on CRISPR Therapeutics AG (NASDAQ:CRSP). The price target seems to have been set at $98.00 for CRISPR Therapeutics. CRISPR Therapeutics earned $2.32 in the first quarter, compared to $1.51 in the year-ago quarter. The current stock performance of CRISPR Therapeutics shows a 52-week-high of $169.76 and a 52-week-low of $42.51. Moreover, at the end of the last trading period, the closing price was at $64.64.

BMO Capital initiated coverage on Centessa Pharmaceuticals PLC (NASDAQ:CNTA) with an Outperform rating. The price target for Centessa Pharmaceuticals is set to $19.00. In the first quarter, Centessa Pharmaceuticals showed an EPS of $0.60, compared to $4.97 from the year-ago quarter. The stock has a 52-week-high of $26.90 and a 52-week-low of $2.88. At the end of the last trading period, Centessa Pharmaceuticals closed at $4.14.

BMO Capital initiated coverage on Precision BioSciences Inc (NASDAQ:DTIL) with an Outperform rating. The price target for Precision BioSciences is set to $7.00. Precision BioSciences earned $0.46 in the first quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.38 and a 52-week-low of $1.11. Precision BioSciences closed at $1.15 at the end of the last trading period.

With an Outperform rating, BMO Capital initiated coverage on Graphite Bio Inc (NASDAQ:GRPH). The price target seems to have been set at $12.00 for Graphite Bio. In the first quarter, Graphite Bio showed an EPS of $0.48, compared to $5.75 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.00 and a 52-week-low of $2.07. Graphite Bio closed at $2.14 at the end of the last trading period.

With a Market Perform rating, BMO Capital initiated coverage on Beam Therapeutics Inc (NASDAQ:BEAM). The price target seems to have been set at $41.00 for Beam Therapeutics. Beam Therapeutics earned $1.01 in the first quarter, compared to $3.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $138.52 and a 52-week-low of $27.77. Beam Therapeutics closed at $32.23 at the end of the last trading period.

BMO Capital initiated coverage on Intellia Therapeutics Inc (NASDAQ:NTLA) with a Market Perform rating. The price target for Intellia Therapeutics is set to $54.00. For the first quarter, Intellia Therapeutics had an EPS of $1.96, compared to year-ago quarter EPS of $0.69. At the moment, the stock has a 52-week-high of $202.73 and a 52-week-low of $37.08. Intellia Therapeutics closed at $41.44 at the end of the last trading period.

Benchmark initiated coverage on Hub Group Inc (NASDAQ:HUBG) with a Buy rating. The price target for Hub Group is set to $90.00. Hub Group earned $2.58 in the first quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $87.20 and a 52-week-low of $60.81. At the end of the last trading period, Hub Group closed at $69.86.

With a Buy rating, Benchmark initiated coverage on CC Neuberger Principal Holdings II (NYSE:PRPB). The price target seems to have been set at $12.00 for CC Neuberger Principal. The current stock performance of CC Neuberger Principal shows a 52-week-high of $9.99 and a 52-week-low of $9.75. Moreover, at the end of the last trading period, the closing price was at $9.95.

Loop Capital initiated coverage on UnitedHealth Group Inc (NYSE:UNH) with a Buy rating. The price target for UnitedHealth Group is set to $575.00. UnitedHealth Group earned $5.49 in the first quarter, compared to $5.31 in the year-ago quarter. The stock has a 52-week-high of $553.29 and a 52-week-low of $383.12. At the end of the last trading period, UnitedHealth Group closed at $456.09.

With a Buy rating, Loop Capital initiated coverage on CVS Health Corp (NYSE:CVS). The price target seems to have been set at $120.00 for CVS Health. For the first quarter, CVS Health had an EPS of $2.22, compared to year-ago quarter EPS of $2.04. The stock has a 52-week-high of $111.25 and a 52-week-low of $79.33. At the end of the last trading period, CVS Health closed at $89.85.

With a Buy rating, Loop Capital initiated coverage on Tenet Healthcare Corp (NYSE:THC). The price target seems to have been set at $80.00 for Tenet Healthcare. For the first quarter, Tenet Healthcare had an EPS of $1.93, compared to year-ago quarter EPS of $1.30. At the moment, the stock has a 52-week-high of $92.65 and a 52-week-low of $50.37. Tenet Healthcare closed at $52.31 at the end of the last trading period.

Loop Capital initiated coverage on Universal Health Services Inc (NYSE:UHS) with a Hold rating. The price target for Universal Health Services is set to $115.00. For the first quarter, Universal Health Services had an EPS of $2.15, compared to year-ago quarter EPS of $2.44. The stock has a 52-week-high of $165.00 and a 52-week-low of $99.53. At the end of the last trading period, Universal Health Services closed at $101.47.

With a Hold rating, Loop Capital initiated coverage on Cigna Corp (NYSE:CI). The price target seems to have been set at $270.00 for Cigna. For the first quarter, Cigna had an EPS of $6.01, compared to year-ago quarter EPS of $4.73. At the moment, the stock has a 52-week-high of $273.57 and a 52-week-low of $191.74. Cigna closed at $248.30 at the end of the last trading period.

Loop Capital initiated coverage on Molina Healthcare Inc (NYSE:MOH) with a Hold rating. The price target for Molina Healthcare is set to $310.00. Molina Healthcare earned $4.90 in the first quarter, compared to $4.44 in the year-ago quarter. The current stock performance of Molina Healthcare shows a 52-week-high of $350.19 and a 52-week-low of $239.30. Moreover, at the end of the last trading period, the closing price was at $254.73.

With a Hold rating, Loop Capital initiated coverage on Community Health Systems Inc (NYSE:CYH). The price target seems to have been set at $5.00 for Community Health Systems. Community Health Systems earned $0.14 in the first quarter, compared to $0.36 in the year-ago quarter. The current stock performance of Community Health Systems shows a 52-week-high of $16.66 and a 52-week-low of $3.90. Moreover, at the end of the last trading period, the closing price was at $4.08.

Loop Capital initiated coverage on Humana Inc (NYSE:HUM) with a Buy rating. The price target for Humana is set to $510.00. For the first quarter, Humana had an EPS of $8.04, compared to year-ago quarter EPS of $7.67. At the moment, the stock has a 52-week-high of $472.68 and a 52-week-low of $351.20. Humana closed at $423.21 at the end of the last trading period.

Loop Capital initiated coverage on Centene Corp (NYSE:CNC) with a Buy rating. The price target for Centene is set to $100.00. In the first quarter, Centene showed an EPS of $1.83, compared to $1.63 from the year-ago quarter. The current stock performance of Centene shows a 52-week-high of $89.92 and a 52-week-low of $59.67. Moreover, at the end of the last trading period, the closing price was at $76.64.

Piper Sandler initiated coverage on Broadmark Realty Capital Inc (NYSE:BRMK) with a Neutral rating. The price target for Broadmark Realty Capital is set to $7.00. For the first quarter, Broadmark Realty Capital had an EPS of $0.15, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $11.10 and a 52-week-low of $6.12. At the end of the last trading period, Broadmark Realty Capital closed at $6.20.

JP Morgan initiated coverage on APi Group Corp (NYSE:APG) with a Neutral rating. The price target for APi Gr is set to $17.00. APi Gr earned $0.23 in the first quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of $26.84 and a 52-week-low of $14.56. At the end of the last trading period, APi Gr closed at $14.69.

JP Morgan initiated coverage on ZimVie Inc (NASDAQ:ZIMV) with a Neutral rating. The price target for ZimVie is set to $20.00. At the moment, the stock has a 52-week-high of $33.44 and a 52-week-low of $17.53. ZimVie closed at $18.08 at the end of the last trading period.

See all analyst ratings initiations.

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