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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For June 27, 2022

Upgrades

According to Vertical Research, the prior rating for PPG Industries Inc (NYSE:PPG) was changed from Hold to Buy. PPG Indus earned $1.37 in the first quarter, compared to $1.88 in the year-ago quarter. The stock has a 52-week-high of $177.32 and a 52-week-low of $107.06. At the end of the last trading period, PPG Indus closed at $121.01.

OTR Global upgraded the previous rating for Chipotle Mexican Grill Inc (NYSE:CMG) from Mixed to Positive. In the first quarter, Chipotle Mexican Grill showed an EPS of $5.70, compared to $5.36 from the year-ago quarter. The current stock performance of Chipotle Mexican Grill shows a 52-week-high of $1958.55 and a 52-week-low of $1196.28. Moreover, at the end of the last trading period, the closing price was at $1329.02.

Scotiabank upgraded the previous rating for Vermilion Energy Inc (NYSE:VET) from Sector Perform to Sector Outperform. Vermilion Energy earned $1.38 in the first quarter, compared to $0.79 in the year-ago quarter. The stock has a 52-week-high of $25.41 and a 52-week-low of $5.51. At the end of the last trading period, Vermilion Energy closed at $17.86.

Goldman Sachs upgraded the previous rating for Atlassian Corporation PLC (NASDAQ:TEAM) from Neutral to Buy. Atlassian Corporation earned $0.47 in the third quarter, compared to $0.48 in the year-ago quarter. The current stock performance of Atlassian Corporation shows a 52-week-high of $483.13 and a 52-week-low of $159.54. Moreover, at the end of the last trading period, the closing price was at $205.32.

According to Stephens & Co., the prior rating for The Simply Good Foods Co (NASDAQ:SMPL) was changed from Equal-Weight to Overweight. For the second quarter, Simply Good Foods had an EPS of $0.36, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $45.77 and a 52-week-low of $32.94. Simply Good Foods closed at $38.80 at the end of the last trading period.

For Old Dominion Freight Line Inc (NASDAQ:ODFL), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Old Dominion Freight Line earned $2.60 in the first quarter, compared to $1.70 in the year-ago quarter. The stock has a 52-week-high of $373.58 and a 52-week-low of $231.31. At the end of the last trading period, Old Dominion Freight Line closed at $257.72.

For Chewy Inc (NYSE:CHWY), Needham upgraded the previous rating of Hold to Buy. Chewy earned $0.04 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Chewy shows a 52-week-high of $97.74 and a 52-week-low of $22.22. Moreover, at the end of the last trading period, the closing price was at $38.16.

According to Goldman Sachs, the prior rating for National Vision Holdings Inc (NASDAQ:EYE) was changed from Neutral to Buy. For the first quarter, National Vision Holdings had an EPS of $0.33, compared to year-ago quarter EPS of $0.48. The stock has a 52-week-high of $65.92 and a 52-week-low of $22.59. At the end of the last trading period, National Vision Holdings closed at $29.81.

According to Goldman Sachs, the prior rating for Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) was changed from Sell to Neutral. In the first quarter, Ollie's Bargain Outlet showed an EPS of $0.20, compared to $0.80 from the year-ago quarter. At the moment, the stock has a 52-week-high of $95.43 and a 52-week-low of $37.67. Ollie's Bargain Outlet closed at $63.43 at the end of the last trading period.

According to Goldman Sachs, the prior rating for AutoZone Inc (NYSE:AZO) was changed from Neutral to Buy. AutoZone earned $29.03 in the third quarter, compared to $26.48 in the year-ago quarter. The stock has a 52-week-high of $2267.40 and a 52-week-low of $1441.84. At the end of the last trading period, AutoZone closed at $2158.91.

According to Goldman Sachs, the prior rating for Robinhood Markets Inc (NASDAQ:HOOD) was changed from Sell to Neutral. Robinhood Markets earned $0.45 in the first quarter, compared to $6.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $85.00 and a 52-week-low of $6.81. Robinhood Markets closed at $8.00 at the end of the last trading period.

Keybanc upgraded the previous rating for WEC Energy Group Inc (NYSE:WEC) from Sector Weight to Overweight. WEC Energy Gr earned $1.79 in the first quarter, compared to $1.61 in the year-ago quarter. The current stock performance of WEC Energy Gr shows a 52-week-high of $108.39 and a 52-week-low of $86.84. Moreover, at the end of the last trading period, the closing price was at $97.16.

See all analyst ratings upgrades.

Downgrades

For United Fire Group Inc (NASDAQ:UFCS), Piper Sandler downgraded the previous rating of Overweight to Neutral. In the first quarter, United Fire Gr showed an EPS of $1.13, compared to $0.03 from the year-ago quarter. The current stock performance of United Fire Gr shows a 52-week-high of $37.26 and a 52-week-low of $19.85. Moreover, at the end of the last trading period, the closing price was at $37.12.

For Altair Engineering Inc (NASDAQ:ALTR), Goldman Sachs downgraded the previous rating of Neutral to Sell. Altair Engineering earned $0.38 in the first quarter, compared to $0.31 in the year-ago quarter. The stock has a 52-week-high of $82.96 and a 52-week-low of $48.50. At the end of the last trading period, Altair Engineering closed at $55.73.

For Samsara Inc (NYSE:IOT), Goldman Sachs downgraded the previous rating of Buy to Neutral. Samsara earned $0.05 in the first quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.41 and a 52-week-low of $8.72. Samsara closed at $12.51 at the end of the last trading period.

For Informatica Inc (NYSE:INFA), Goldman Sachs downgraded the previous rating of Buy to Neutral. Informatica earned $0.20 in the first quarter, compared to $0.20 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.13 and a 52-week-low of $16.20. Informatica closed at $21.91 at the end of the last trading period.

According to CIBC, the prior rating for The Descartes Systems Group Inc (NASDAQ:DSGX) was changed from Outperformer to Neutral. Descartes Systems Gr earned $0.27 in the first quarter, compared to $0.21 in the year-ago quarter. The current stock performance of Descartes Systems Gr shows a 52-week-high of $91.39 and a 52-week-low of $56.19. Moreover, at the end of the last trading period, the closing price was at $65.66.

Wedbush downgraded the previous rating for Epizyme Inc (NASDAQ:EPZM) from Outperform to Neutral. For the first quarter, Epizyme had an EPS of $0.38, compared to year-ago quarter EPS of $0.69. The stock has a 52-week-high of $9.86 and a 52-week-low of $0.41. At the end of the last trading period, Epizyme closed at $0.95.

According to Guggenheim, the prior rating for Alnylam Pharmaceuticals Inc (NASDAQ:ALNY) was changed from Buy to Neutral. For the first quarter, Alnylam Pharmaceuticals had an EPS of $1.49, compared to year-ago quarter EPS of $1.64. At the moment, the stock has a 52-week-high of $212.00 and a 52-week-low of $117.58. Alnylam Pharmaceuticals closed at $147.50 at the end of the last trading period.

For 4d pharma PLC (NASDAQ:LBPS), Chardan Capital downgraded the previous rating of Buy to Neutral. NoneThe stock has a 52-week-high of $11.28 and a 52-week-low of $1.50. At the end of the last trading period, 4d pharma closed at $1.65.

For Bed Bath & Beyond Inc (NASDAQ:BBBY), B. Riley Securities downgraded the previous rating of Buy to Neutral. For the fourth quarter, Bed Bath & Beyond had an EPS of $0.92, compared to year-ago quarter EPS of $0.40. The current stock performance of Bed Bath & Beyond shows a 52-week-high of $39.30 and a 52-week-low of $5.95. Moreover, at the end of the last trading period, the closing price was at $7.00.

According to Morgan Stanley, the prior rating for Varonis Systems Inc (NASDAQ:VRNS) was changed from Overweight to Equal-Weight. For the first quarter, Varonis Systems had an EPS of $0.09, compared to year-ago quarter EPS of $0.08. The current stock performance of Varonis Systems shows a 52-week-high of $73.46 and a 52-week-low of $27.97. Moreover, at the end of the last trading period, the closing price was at $34.92.

According to Needham, the prior rating for Etsy Inc (NASDAQ:ETSY) was changed from Buy to Hold. For the first quarter, Etsy had an EPS of $0.60, compared to year-ago quarter EPS of $1.00. At the moment, the stock has a 52-week-high of $307.75 and a 52-week-low of $67.01. Etsy closed at $83.62 at the end of the last trading period.

Goldman Sachs downgraded the previous rating for Floor & Decor Holdings Inc (NYSE:FND) from Buy to Neutral. For the first quarter, Floor & Decor Hldgs had an EPS of $0.67, compared to year-ago quarter EPS of $0.68. The stock has a 52-week-high of $145.89 and a 52-week-low of $59.91. At the end of the last trading period, Floor & Decor Hldgs closed at $72.95.

According to Goldman Sachs, the prior rating for Mister Car Wash Inc (NYSE:MCW) was changed from Neutral to Sell. For the first quarter, Mister Car Wash had an EPS of $0.11, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $24.49 and a 52-week-low of $10.35. Mister Car Wash closed at $12.28 at the end of the last trading period.

Goldman Sachs downgraded the previous rating for Coinbase Global Inc (NASDAQ:COIN) from Neutral to Sell. Coinbase Global earned $1.98 in the first quarter, compared to $3.05 in the year-ago quarter. The current stock performance of Coinbase Global shows a 52-week-high of $368.90 and a 52-week-low of $40.83. Moreover, at the end of the last trading period, the closing price was at $62.71.

According to Keybanc, the prior rating for Avangrid Inc (NYSE:AGR) was changed from Sector Weight to Underweight. For the first quarter, Avangrid had an EPS of $1.16, compared to year-ago quarter EPS of $1.14. At the moment, the stock has a 52-week-high of $55.57 and a 52-week-low of $42.20. Avangrid closed at $46.12 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Aegis Capital initiated coverage on Applied UV Inc (NASDAQ:AUVI). The price target seems to have been set at $8.00 for Applied UV. In the first quarter, Applied UV showed an EPS of $0.18, compared to $0.11 from the year-ago quarter. The stock has a 52-week-high of $10.98 and a 52-week-low of $0.87. At the end of the last trading period, Applied UV closed at $2.19.

With a Buy rating, Loop Capital initiated coverage on MoneyLion Inc (NYSE:ML). The price target seems to have been set at $5.00 for MoneyLion. The stock has a 52-week-high of $11.34 and a 52-week-low of $1.17. At the end of the last trading period, MoneyLion closed at $1.64.

With a Neutral rating, B of A Securities initiated coverage on Sweetgreen Inc (NYSE:SG). The price target seems to have been set at $15.00 for Sweetgreen. Sweetgreen earned $0.45 in the first quarter, compared to $1.77 in the year-ago quarter. The current stock performance of Sweetgreen shows a 52-week-high of $56.20 and a 52-week-low of $11.50. Moreover, at the end of the last trading period, the closing price was at $13.33.

With a Buy rating, B of A Securities initiated coverage on Texas Roadhouse Inc (NASDAQ:TXRH). The price target seems to have been set at $96.00 for Texas Roadhouse. In the first quarter, Texas Roadhouse showed an EPS of $1.08, compared to $0.91 from the year-ago quarter. At the moment, the stock has a 52-week-high of $102.20 and a 52-week-low of $68.58. Texas Roadhouse closed at $76.95 at the end of the last trading period.

Craig-Hallum initiated coverage on Liquidity Services Inc (NASDAQ:LQDT) with a Buy rating. The price target for Liquidity Services is set to $28.00. Liquidity Services earned $0.17 in the second quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $28.73 and a 52-week-low of $11.39. At the end of the last trading period, Liquidity Services closed at $13.96.

With a Buy rating, Ascendiant Capital initiated coverage on Blackboxstocks Inc (NASDAQ:BLBX). The price target seems to have been set at $6.00 for Blackboxstocks. At the moment, the stock has a 52-week-high of $8.00 and a 52-week-low of $1.05. Blackboxstocks closed at $1.54 at the end of the last trading period.

For Eve Holding Inc (NYSE:EVEX), BTIG initiated coverage, by setting the current rating at Neutral. At the moment, the stock has a 52-week-high of $11.84 and a 52-week-low of $5.68. Eve Holding closed at $6.34 at the end of the last trading period.

With an Underweight rating, Wells Fargo initiated coverage on Blueprint Medicines Corp (NASDAQ:BPMC). The price target seems to have been set at $40.00 for Blueprint Medicines. Blueprint Medicines earned $1.79 in the first quarter, compared to $1.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $117.86 and a 52-week-low of $43.46. Blueprint Medicines closed at $60.15 at the end of the last trading period.

With an Outperform rating, Credit Suisse initiated coverage on International Flavors & Fragrances Inc (NYSE:IFF). The price target seems to have been set at $145.00 for Intl Flavors & Fragrances. For the first quarter, Intl Flavors & Fragrances had an EPS of $1.69, compared to year-ago quarter EPS of $1.60. The stock has a 52-week-high of $157.08 and a 52-week-low of $105.38. At the end of the last trading period, Intl Flavors & Fragrances closed at $121.41.

With an Underperform rating, Credit Suisse initiated coverage on LyondellBasell Industries NV (NYSE:LYB). The price target seems to have been set at $70.00 for LyondellBasell Industries. In the first quarter, LyondellBasell Industries showed an EPS of $4.00, compared to $3.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $117.22 and a 52-week-low of $83.50. LyondellBasell Industries closed at $89.24 at the end of the last trading period.

Credit Suisse initiated coverage on Celanese Corp (NYSE:CE) with an Underperform rating. The price target for Celanese is set to $105.00. Celanese earned $5.54 in the first quarter, compared to $3.46 in the year-ago quarter. The current stock performance of Celanese shows a 52-week-high of $176.50 and a 52-week-low of $118.13. Moreover, at the end of the last trading period, the closing price was at $127.57.

With an Underperform rating, Credit Suisse initiated coverage on Albemarle Corp (NYSE:ALB). The price target seems to have been set at $185.00 for Albemarle. Albemarle earned $2.38 in the first quarter, compared to $1.10 in the year-ago quarter. The current stock performance of Albemarle shows a 52-week-high of $291.48 and a 52-week-low of $163.01. Moreover, at the end of the last trading period, the closing price was at $224.79.

With an Outperform rating, Credit Suisse initiated coverage on RPM International Inc (NYSE:RPM). The price target seems to have been set at $95.00 for RPM International. RPM International earned $0.38 in the third quarter, compared to $0.38 in the year-ago quarter. The current stock performance of RPM International shows a 52-week-high of $101.48 and a 52-week-low of $74.56. Moreover, at the end of the last trading period, the closing price was at $81.61.

With an Overweight rating, Morgan Stanley initiated coverage on Selective Insurance Group Inc (NASDAQ:SIGI). The price target seems to have been set at $98.00 for Selective Insurance Gr. In the first quarter, Selective Insurance Gr showed an EPS of $1.41, compared to $1.70 from the year-ago quarter. The stock has a 52-week-high of $94.35 and a 52-week-low of $74.29. At the end of the last trading period, Selective Insurance Gr closed at $82.61.

Needham initiated coverage on AXT Inc (NASDAQ:AXTI) with a Buy rating. The price target for AXT is set to $8.00. For the first quarter, AXT had an EPS of $0.07, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $11.53 and a 52-week-low of $4.97. AXT closed at $6.19 at the end of the last trading period.

With an Outperform rating, Telsey Advisory Group initiated coverage on Grove Collaborative Holdings Inc (NYSE:GROV). The price target seems to have been set at $10.00 for Grove Collaborative Hldgs. At the moment, the stock has a 52-week-high of $12.50 and a 52-week-low of $5.34. Grove Collaborative Hldgs closed at $6.65 at the end of the last trading period.

See all analyst ratings initiations.

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