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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For March 31, 2022

Upgrades

Raymond James upgraded the previous rating for Starwood Property Trust Inc (NYSE:STWD) from Outperform to Strong Buy. For the fourth quarter, Starwood Property Trust had an EPS of $1.10, compared to year-ago quarter EPS of $0.50. The stock has a 52-week-high of $27.00 and a 52-week-low of $22.37. At the end of the last trading period, Starwood Property Trust closed at $23.75.

According to Mizuho, the prior rating for APA Corp (NASDAQ:APA) was changed from Neutral to Buy. For the fourth quarter, APA had an EPS of $1.29, compared to year-ago quarter EPS of $0.05. At the moment, the stock has a 52-week-high of $42.36 and a 52-week-low of $15.54. APA closed at $41.20 at the end of the last trading period.

According to BMO Capital, the prior rating for Cameco Corp (NYSE:CCJ) was changed from Market Perform to Outperform. For the fourth quarter, Cameco had an EPS of $0.05, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $30.49 and a 52-week-low of $15.34. Cameco closed at $28.07 at the end of the last trading period.

Citigroup upgraded the previous rating for Five Below Inc (NASDAQ:FIVE) from Neutral to Buy. For the fourth quarter, Five Below had an EPS of $2.49, compared to year-ago quarter EPS of $2.20. The current stock performance of Five Below shows a 52-week-high of $237.86 and a 52-week-low of $143.44. Moreover, at the end of the last trading period, the closing price was at $160.20.

For Millicom International Cellular SA (NASDAQ:TIGO), JP Morgan upgraded the previous rating of Neutral to Overweight. Millicom Intl Cellular earned $0.27 in the fourth quarter, compared to $0.55 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.18 and a 52-week-low of $19.93. Millicom Intl Cellular closed at $25.41 at the end of the last trading period.

According to Wells Fargo, the prior rating for Baker Hughes Co (NASDAQ:BKR) was changed from Equal-Weight to Overweight. For the fourth quarter, Baker Hughes had an EPS of $0.25, compared to year-ago quarter EPS of $0.07. At the moment, the stock has a 52-week-high of $39.78 and a 52-week-low of $18.75. Baker Hughes closed at $37.35 at the end of the last trading period.

According to Morgan Stanley, the prior rating for CDW Corp (NASDAQ:CDW) was changed from Equal-Weight to Overweight. CDW earned $2.08 in the fourth quarter, compared to $1.82 in the year-ago quarter. At the moment, the stock has a 52-week-high of $208.71 and a 52-week-low of $161.34. CDW closed at $178.82 at the end of the last trading period.

Barclays upgraded the previous rating for Core & Main Inc (NYSE:CNM) from Equal-Weight to Overweight. The stock has a 52-week-high of $32.54 and a 52-week-low of $20.00. At the end of the last trading period, Core & Main closed at $24.56.

BMO Capital upgraded the previous rating for Clear Channel Outdoor Holdings Inc (NYSE:CCO) from Market Perform to Outperform. Clear Channel Outdoor earned $0.13 in the fourth quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $4.10 and a 52-week-low of $1.74. At the end of the last trading period, Clear Channel Outdoor closed at $3.53.

For Vector Group Ltd (NYSE:VGR), Barclays upgraded the previous rating of Equal-Weight to Overweight. Vector Group earned $0.26 in the fourth quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $17.39 and a 52-week-low of $10.03. At the end of the last trading period, Vector Group closed at $10.60.

See all analyst ratings upgrades.

Downgrades

Monness, Crespi, Hardt downgraded the previous rating for FMC Corp (NYSE:FMC) from Buy to Neutral. For the fourth quarter, FMC had an EPS of $2.16, compared to year-ago quarter EPS of $1.42. The stock has a 52-week-high of $136.63 and a 52-week-low of $87.27. At the end of the last trading period, FMC closed at $132.77.

For UpHealth Inc (NYSE:UPH), Lake Street downgraded the previous rating of Buy to Hold. At the moment, the stock has a 52-week-high of $10.50 and a 52-week-low of $1.31. UpHealth closed at $1.35 at the end of the last trading period.

DA Davidson downgraded the previous rating for Motorsport Games Inc (NASDAQ:MSGM) from Buy to Neutral. For the fourth quarter, Motorsport Games had an EPS of $0.57, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $24.19 and a 52-week-low of $1.42. Motorsport Games closed at $2.06 at the end of the last trading period.

Benchmark downgraded the previous rating for Motorsport Games Inc (NASDAQ:MSGM) from Buy to Hold. In the fourth quarter, Motorsport Games showed an EPS of $0.57, compared to $0.15 from the year-ago quarter. The current stock performance of Motorsport Games shows a 52-week-high of $24.19 and a 52-week-low of $1.42. Moreover, at the end of the last trading period, the closing price was at $2.06.

According to Canaccord Genuity, the prior rating for Motorsport Games Inc (NASDAQ:MSGM) was changed from Buy to Hold. For the fourth quarter, Motorsport Games had an EPS of $0.57, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $24.19 and a 52-week-low of $1.42. Motorsport Games closed at $2.06 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Sociedad Quimica Y Minera De Chile SA (NYSE:SQM) was changed from Equal-Weight to Underweight. In the fourth quarter, Sociedad Quimica Y Minera showed an EPS of $1.13, compared to $0.25 from the year-ago quarter. The current stock performance of Sociedad Quimica Y Minera shows a 52-week-high of $86.79 and a 52-week-low of $40.53. Moreover, at the end of the last trading period, the closing price was at $85.54.

According to Wolfe Research, the prior rating for Bank of New York Mellon Corp (NYSE:BK) was changed from Outperform to Peer Perform. For the fourth quarter, Bank of New York Mellon had an EPS of $1.04, compared to year-ago quarter EPS of $0.96. The stock has a 52-week-high of $64.63 and a 52-week-low of $45.80. At the end of the last trading period, Bank of New York Mellon closed at $51.84.

Morgan Stanley downgraded the previous rating for HP Inc (NYSE:HPQ) from Equal-Weight to Underweight. For the first quarter, HP had an EPS of $1.10, compared to year-ago quarter EPS of $0.92. The current stock performance of HP shows a 52-week-high of $40.37 and a 52-week-low of $26.11. Moreover, at the end of the last trading period, the closing price was at $38.84.

For Akebia Therapeutics Inc (NASDAQ:AKBA), HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. Akebia Therapeutics earned $0.40 in the fourth quarter, compared to $0.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of $4.33 and a 52-week-low of $0.67. Akebia Therapeutics closed at $0.83 at the end of the last trading period.

According to Needham, the prior rating for Akebia Therapeutics Inc (NASDAQ:AKBA) was changed from Buy to Hold. For the fourth quarter, Akebia Therapeutics had an EPS of $0.40, compared to year-ago quarter EPS of $0.60. The current stock performance of Akebia Therapeutics shows a 52-week-high of $4.33 and a 52-week-low of $0.67. Moreover, at the end of the last trading period, the closing price was at $0.83.

Truist Securities downgraded the previous rating for LHC Group Inc (NASDAQ:LHCG) from Buy to Hold. LHC Group earned $1.26 in the fourth quarter, compared to $1.40 in the year-ago quarter. The current stock performance of LHC Group shows a 52-week-high of $223.63 and a 52-week-low of $108.42. Moreover, at the end of the last trading period, the closing price was at $168.00.

For Akebia Therapeutics Inc (NASDAQ:AKBA), Mizuho downgraded the previous rating of Buy to Neutral. Akebia Therapeutics earned $0.40 in the fourth quarter, compared to $0.60 in the year-ago quarter. The stock has a 52-week-high of $4.33 and a 52-week-low of $0.67. At the end of the last trading period, Akebia Therapeutics closed at $0.83.

According to Stephens & Co., the prior rating for Hub Group Inc (NASDAQ:HUBG) was changed from Overweight to Equal-Weight. For the fourth quarter, Hub Group had an EPS of $2.48, compared to year-ago quarter EPS of $0.81. At the moment, the stock has a 52-week-high of $87.20 and a 52-week-low of $62.36. Hub Group closed at $80.60 at the end of the last trading period.

For Advanced Micro Devices Inc (NASDAQ:AMD), Barclays downgraded the previous rating of Overweight to Equal-Weight. Advanced Micro Devices earned $0.92 in the fourth quarter, compared to $0.52 in the year-ago quarter. The current stock performance of Advanced Micro Devices shows a 52-week-high of $164.46 and a 52-week-low of $72.50. Moreover, at the end of the last trading period, the closing price was at $119.22.

Compass Point downgraded the previous rating for Navient Corp (NASDAQ:NAVI) from Buy to Neutral. In the fourth quarter, Navient showed an EPS of $0.78, compared to $0.97 from the year-ago quarter. The stock has a 52-week-high of $23.80 and a 52-week-low of $13.87. At the end of the last trading period, Navient closed at $17.24.

According to Wolfe Research, the prior rating for State Street Corporation (NYSE:STT) was changed from Outperform to Peer Perform. For the fourth quarter, State Street had an EPS of $2.00, compared to year-ago quarter EPS of $1.69. At the moment, the stock has a 52-week-high of $104.87 and a 52-week-low of $76.92. State Street closed at $92.11 at the end of the last trading period.

For Liberty Oilfield Services Inc (NYSE:LBRT), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Liberty Oilfield Services earned $0.31 in the fourth quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of $17.78 and a 52-week-low of $8.50. At the end of the last trading period, Liberty Oilfield Services closed at $14.81.

According to Morgan Stanley, the prior rating for Dell Technologies Inc (NYSE:DELL) was changed from Overweight to Equal-Weight. In the fourth quarter, Dell Technologies showed an EPS of $1.72, compared to $2.70 from the year-ago quarter. The stock has a 52-week-high of $115.00 and a 52-week-low of $48.98. At the end of the last trading period, Dell Technologies closed at $54.32.

For Trean Insurance Group Inc (NASDAQ:TIG), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. Trean Insurance Group earned $0.04 in the fourth quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.45 and a 52-week-low of $3.19. Trean Insurance Group closed at $4.68 at the end of the last trading period.

For PVH Corp (NYSE:PVH), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, PVH had an EPS of $2.84, compared to year-ago quarter EPS of $0.38. At the moment, the stock has a 52-week-high of $125.42 and a 52-week-low of $66.10. PVH closed at $82.69 at the end of the last trading period.

According to Barclays, the prior rating for Taylor Morrison Home Corp (NYSE:TMHC) was changed from Overweight to Equal-Weight. For the fourth quarter, Taylor Morrison Home had an EPS of $2.19, compared to year-ago quarter EPS of $0.87. The stock has a 52-week-high of $35.51 and a 52-week-low of $22.64. At the end of the last trading period, Taylor Morrison Home closed at $29.12.

According to Piper Sandler, the prior rating for Akebia Therapeutics Inc (NASDAQ:AKBA) was changed from Overweight to Neutral. Akebia Therapeutics earned $0.40 in the fourth quarter, compared to $0.60 in the year-ago quarter. The current stock performance of Akebia Therapeutics shows a 52-week-high of $4.33 and a 52-week-low of $0.67. Moreover, at the end of the last trading period, the closing price was at $0.83.

Cowen & Co. downgraded the previous rating for Orchard Therapeutics PLC (NASDAQ:ORTX) from Outperform to Market Perform. For the fourth quarter, Orchard Therapeutics had an EPS of $0.29, compared to year-ago quarter EPS of $0.34. The current stock performance of Orchard Therapeutics shows a 52-week-high of $7.47 and a 52-week-low of $0.68. Moreover, at the end of the last trading period, the closing price was at $0.74.

See all analyst ratings downgrades.

Initiations

US Tiger Securities, Inc initiated coverage on Coinbase Global Inc (NASDAQ:COIN) with a Sell rating. The price target for Coinbase Global is set to $135.00. At the moment, the stock has a 52-week-high of $429.54 and a 52-week-low of $150.12. Coinbase Global closed at $196.70 at the end of the last trading period.

SMBC Nikko initiated coverage on Adicet Bio Inc (NASDAQ:ACET) with an Outperform rating. The price target for Adicet Bio is set to $28.00. For the fourth quarter, Adicet Bio had an EPS of $0.47, compared to year-ago quarter EPS of $0.46. The current stock performance of Adicet Bio shows a 52-week-high of $19.59 and a 52-week-low of $6.25. Moreover, at the end of the last trading period, the closing price was at $19.57.

Barrington Research initiated coverage on Helios Technologies Inc (NYSE:HLIO) with an Outperform rating. The price target for Helios Technologies is set to $107.00. For the fourth quarter, Helios Technologies had an EPS of $1.01, compared to year-ago quarter EPS of $0.60. The current stock performance of Helios Technologies shows a 52-week-high of $114.89 and a 52-week-low of $67.29. Moreover, at the end of the last trading period, the closing price was at $78.04.

EF Hutton initiated coverage on Troika Media Group Inc (NASDAQ:TRKA) with a Buy rating. The price target for Troika Media Group is set to $4.50. At the moment, the stock has a 52-week-high of $4.00 and a 52-week-low of $0.84. Troika Media Group closed at $1.07 at the end of the last trading period.

EF Hutton initiated coverage on Modiv Inc (NYSE:MDV) with a Buy rating. The price target for Modiv is set to $23.00. At the moment, the stock has a 52-week-high of $89.99 and a 52-week-low of $15.01. Modiv closed at $19.82 at the end of the last trading period.

With a Buy rating, Chardan Capital initiated coverage on Silence Therapeutics PLC (NASDAQ:SLN). The price target seems to have been set at $33.00 for Silence Therapeutics. The stock has a 52-week-high of $35.00 and a 52-week-low of $15.29. At the end of the last trading period, Silence Therapeutics closed at $19.48.

Credit Suisse initiated coverage on SAP SE (NYSE:SAP) with an Outperform rating. In the fourth quarter, SAP showed an EPS of $2.13, compared to $2.01 from the year-ago quarter. The stock has a 52-week-high of $151.48 and a 52-week-low of $104.14. At the end of the last trading period, SAP closed at $113.15.

With a Hold rating, Deutsche Bank initiated coverage on BRC Inc (NYSE:BRCC). The price target seems to have been set at $19.00 for BRC. At the moment, the stock has a 52-week-high of $22.80 and a 52-week-low of $13.55. BRC closed at $20.12 at the end of the last trading period.

With a Buy rating, Canaccord Genuity initiated coverage on Morphic Holding Inc (NASDAQ:MORF). The price target seems to have been set at $68.00 for Morphic Holding. Morphic Holding earned $0.58 in the fourth quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Morphic Holding shows a 52-week-high of $68.75 and a 52-week-low of $35.90. Moreover, at the end of the last trading period, the closing price was at $40.32.

With a Buy rating, Canaccord Genuity initiated coverage on Ventyx Biosciences Inc (NASDAQ:VTYX). The price target seems to have been set at $30.00 for Ventyx Biosciences. At the moment, the stock has a 52-week-high of $26.00 and a 52-week-low of $9.50. Ventyx Biosciences closed at $13.03 at the end of the last trading period.

With a Buy rating, HC Wainwright & Co. initiated coverage on Timber Pharmaceuticals Inc (AMEX:TMBR). The price target seems to have been set at $2.00 for Timber Pharmaceuticals. For the third quarter, Timber Pharmaceuticals had an EPS of $0.08, compared to year-ago quarter EPS of $0.14. The current stock performance of Timber Pharmaceuticals shows a 52-week-high of $2.39 and a 52-week-low of $0.24. Moreover, at the end of the last trading period, the closing price was at $0.39.

With a Neutral rating, UBS initiated coverage on The Western Union Co (NYSE:WU). The price target seems to have been set at $19.00 for The Western Union. For the fourth quarter, The Western Union had an EPS of $0.64, compared to year-ago quarter EPS of $0.45. The current stock performance of The Western Union shows a 52-week-high of $26.61 and a 52-week-low of $15.69. Moreover, at the end of the last trading period, the closing price was at $19.24.

With a Buy rating, Jefferies initiated coverage on NeoGames SA (NASDAQ:NGMS). The price target seems to have been set at $20.00 for NeoGames. For the fourth quarter, NeoGames had an EPS of $0.01, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $73.54 and a 52-week-low of $11.59. NeoGames closed at $15.06 at the end of the last trading period.

With a Buy rating, UBS initiated coverage on Euronet Worldwide Inc (NASDAQ:EEFT). The price target seems to have been set at $163.00 for Euronet Worldwide. In the fourth quarter, Euronet Worldwide showed an EPS of $1.15, compared to $1.11 from the year-ago quarter. The stock has a 52-week-high of $159.32 and a 52-week-low of $96.30. At the end of the last trading period, Euronet Worldwide closed at $125.99.

Berenberg initiated coverage on Sage Therapeutics Inc (NASDAQ:SAGE) with a Hold rating. The price target for Sage Therapeutics is set to $37.00. In the fourth quarter, Sage Therapeutics showed an EPS of $2.12, compared to $18.19 from the year-ago quarter. The current stock performance of Sage Therapeutics shows a 52-week-high of $81.00 and a 52-week-low of $30.48. Moreover, at the end of the last trading period, the closing price was at $34.28.

With a Buy rating, Berenberg initiated coverage on Karuna Therapeutics Inc (NASDAQ:KRTX). The price target seems to have been set at $190.00 for Karuna Therapeutics. Karuna Therapeutics earned $0.94 in the fourth quarter, compared to $0.89 in the year-ago quarter. The current stock performance of Karuna Therapeutics shows a 52-week-high of $161.98 and a 52-week-low of $93.77. Moreover, at the end of the last trading period, the closing price was at $123.00.

Atlantic Equities initiated coverage on Snowflake Inc (NYSE:SNOW) with a Neutral rating. The price target for Snowflake is set to $240.00. For the fourth quarter, Snowflake had an EPS of $0.12, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $405.00 and a 52-week-low of $164.29. Snowflake closed at $231.63 at the end of the last trading period.

Deutsche Bank initiated coverage on ESS Tech Inc (NYSE:GWH) with a Hold rating. The price target for ESS Tech is set to $7.00. For the fourth quarter, ESS Tech had an EPS of $1.33, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $28.92 and a 52-week-low of $3.65. ESS Tech closed at $5.60 at the end of the last trading period.

Piper Sandler initiated coverage on Travere Therapeutics Inc (NASDAQ:TVTX) with an Overweight rating. The price target for Travere Therapeutics is set to $42.00. Travere Therapeutics earned $0.61 in the fourth quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.65 and a 52-week-low of $12.75. Travere Therapeutics closed at $25.11 at the end of the last trading period.

With an Overweight rating, Piper Sandler initiated coverage on Affimed NV (NASDAQ:AFMD). The price target seems to have been set at $7.00 for Affimed. Affimed earned $0.22 in the fourth quarter, compared to $0.20 in the year-ago quarter. The current stock performance of Affimed shows a 52-week-high of $11.74 and a 52-week-low of $3.59. Moreover, at the end of the last trading period, the closing price was at $4.28.

With a Hold rating, Stifel initiated coverage on Warby Parker Inc (NYSE:WRBY). The price target seems to have been set at $36.00 for Warby Parker. For the fourth quarter, Warby Parker had an EPS of $0.08, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $60.30 and a 52-week-low of $22.59. Warby Parker closed at $36.02 at the end of the last trading period.

See all analyst ratings initiations.

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