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Benzinga
Benzinga
Business
Benzinga Insights

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

Upgrades

Craig-Hallum upgraded the previous rating for Pros Holdings Inc (NYSE:PRO) from Hold to Buy. Pros Holdings earned $0.21 in the first quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.90 and a 52-week-low of $23.08. Pros Holdings closed at $28.64 at the end of the last trading period.

For KAR Auction Services Inc (NYSE:KAR), CJS Securities upgraded the previous rating of Market Perform to Market Outperform. KAR Auction Services earned $0.02 in the first quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $22.10 and a 52-week-low of $11.76. At the end of the last trading period, KAR Auction Services closed at $14.60.

According to Argus Research, the prior rating for SVB Financial Group (NASDAQ:SIVB) was changed from Hold to Buy. For the first quarter, SVB Finl Gr had an EPS of $7.92, compared to year-ago quarter EPS of $10.03. The stock has a 52-week-high of $763.22 and a 52-week-low of $479.10. At the end of the last trading period, SVB Finl Gr closed at $512.62.

According to B of A Securities, the prior rating for Companhia Brasileira De Distribuicao (NYSE:CBD) was changed from Underperform to Buy. For the fourth quarter, Companhia Brasileira had an EPS of $0.52, compared to year-ago quarter EPS of $1.10. At the moment, the stock has a 52-week-high of $8.41 and a 52-week-low of $3.37. Companhia Brasileira closed at $4.33 at the end of the last trading period.

Piper Sandler upgraded the previous rating for Premier Inc (NASDAQ:PINC) from Neutral to Overweight. For the third quarter, Premier had an EPS of $0.57, compared to year-ago quarter EPS of $0.64. The current stock performance of Premier shows a 52-week-high of $42.15 and a 52-week-low of $32.57. Moreover, at the end of the last trading period, the closing price was at $36.01.

Wells Fargo upgraded the previous rating for Alaunos Therapeutics Inc (NASDAQ:TCRT) from Equal-Weight to Overweight. Alaunos Therapeutics earned $0.05 in the fourth quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $1.16 and a 52-week-low of $0.41. Alaunos Therapeutics closed at $0.56 at the end of the last trading period.

Evercore ISI Group upgraded the previous rating for Starbucks Corp (NASDAQ:SBUX) from In-Line to Outperform. Starbucks earned $0.59 in the second quarter, compared to $0.62 in the year-ago quarter. The stock has a 52-week-high of $126.32 and a 52-week-low of $73.38. At the end of the last trading period, Starbucks closed at $74.33.

According to Cowen & Co., the prior rating for Livent Corp (NYSE:LTHM) was changed from Market Perform to Outperform. Livent earned $0.21 in the first quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $33.04 and a 52-week-low of $16.32. At the end of the last trading period, Livent closed at $21.92.

For The Scotts Miracle Gro Co (NYSE:SMG), JP Morgan upgraded the previous rating of Neutral to Overweight. Scotts Miracle Gro earned $5.03 in the second quarter, compared to $5.64 in the year-ago quarter. The stock has a 52-week-high of $247.84 and a 52-week-low of $98.61. At the end of the last trading period, Scotts Miracle Gro closed at $105.95.

See all analyst ratings upgrades.

Downgrades

Raymond James downgraded the previous rating for Iamgold Corp (NYSE:IAG) from Market Perform to Underperform. In the first quarter, Iamgold showed an EPS of $0.05, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $3.85 and a 52-week-low of $2.16. At the end of the last trading period, Iamgold closed at $2.79.

OTR Global downgraded the previous rating for Burlington Stores Inc (NYSE:BURL) from Positive to Mixed. In the fourth quarter, Burlington Stores showed an EPS of $2.53, compared to $2.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $357.34 and a 52-week-low of $171.15. Burlington Stores closed at $208.62 at the end of the last trading period.

Guggenheim downgraded the previous rating for Macrogenics Inc (NASDAQ:MGNX) from Buy to Neutral. In the first quarter, Macrogenics showed an EPS of $1.08, compared to $0.90 from the year-ago quarter. The current stock performance of Macrogenics shows a 52-week-high of $34.00 and a 52-week-low of $6.92. Moreover, at the end of the last trading period, the closing price was at $7.75.

Raymond James downgraded the previous rating for Leggett & Platt Inc (NYSE:LEG) from Outperform to Market Perform. In the first quarter, Leggett & Platt showed an EPS of $0.66, compared to $0.64 from the year-ago quarter. The current stock performance of Leggett & Platt shows a 52-week-high of $59.16 and a 52-week-low of $33.80. Moreover, at the end of the last trading period, the closing price was at $38.34.

Susquehanna downgraded the previous rating for Lyft Inc (NASDAQ:LYFT) from Positive to Neutral. For the first quarter, Lyft had an EPS of $0.07, compared to year-ago quarter EPS of $0.35. The current stock performance of Lyft shows a 52-week-high of $63.07 and a 52-week-low of $29.93. Moreover, at the end of the last trading period, the closing price was at $30.76.

According to Piper Sandler, the prior rating for Teva Pharmaceutical Industries Ltd (NYSE:TEVA) was changed from Neutral to Underweight. Teva Pharmaceutical Indus earned $0.55 in the first quarter, compared to $0.63 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.54 and a 52-week-low of $7.24. Teva Pharmaceutical Indus closed at $8.60 at the end of the last trading period.

For Shift Technologies Inc (NASDAQ:SFT), BTIG downgraded the previous rating of Buy to Neutral. In the fourth quarter, Shift Technologies showed an EPS of $0.70, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $9.75 and a 52-week-low of $1.28. At the end of the last trading period, Shift Technologies closed at $1.34.

For Algonquin Power & Utilities Corp (NYSE:AQN), National Bank Of Canada downgraded the previous rating of Outperform to Sector Perform. For the fourth quarter, Algonquin Power had an EPS of $0.21, compared to year-ago quarter EPS of $0.21. The current stock performance of Algonquin Power shows a 52-week-high of $16.26 and a 52-week-low of $13.38. Moreover, at the end of the last trading period, the closing price was at $14.18.

For Carvana Co (NYSE:CVNA), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Carvana earned $2.89 in the first quarter, compared to $0.46 in the year-ago quarter. At the moment, the stock has a 52-week-high of $376.83 and a 52-week-low of $54.90. Carvana closed at $57.33 at the end of the last trading period.

Stifel downgraded the previous rating for Workiva Inc (NYSE:WK) from Buy to Hold. For the first quarter, Workiva had an EPS of $0.05, compared to year-ago quarter EPS of $0.12. The current stock performance of Workiva shows a 52-week-high of $173.24 and a 52-week-low of $83.65. Moreover, at the end of the last trading period, the closing price was at $94.08.

According to Stifel, the prior rating for Restaurant Brands International Inc (NYSE:QSR) was changed from Buy to Hold. For the first quarter, Restaurant Brands Intl had an EPS of $0.64, compared to year-ago quarter EPS of $0.55. At the moment, the stock has a 52-week-high of $71.12 and a 52-week-low of $53.47. Restaurant Brands Intl closed at $55.16 at the end of the last trading period.

Cowen & Co. downgraded the previous rating for Spero Therapeutics Inc (NASDAQ:SPRO) from Outperform to Market Perform. For the fourth quarter, Spero Therapeutics had an EPS of $0.90, compared to year-ago quarter EPS of $0.68. The current stock performance of Spero Therapeutics shows a 52-week-high of $19.87 and a 52-week-low of $1.50. Moreover, at the end of the last trading period, the closing price was at $1.85.

Baird downgraded the previous rating for Akamai Technologies Inc (NASDAQ:AKAM) from Outperform to Neutral. Akamai Technologies earned $1.39 in the first quarter, compared to $1.38 in the year-ago quarter. The stock has a 52-week-high of $123.25 and a 52-week-low of $96.86. At the end of the last trading period, Akamai Technologies closed at $113.80.

For Spero Therapeutics Inc (NASDAQ:SPRO), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. In the fourth quarter, Spero Therapeutics showed an EPS of $0.90, compared to $0.68 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.87 and a 52-week-low of $1.50. Spero Therapeutics closed at $1.85 at the end of the last trading period.

For Herbalife Nutrition Ltd (NYSE:HLF), Jefferies downgraded the previous rating of Buy to Hold. Herbalife Nutrition earned $0.99 in the first quarter, compared to $1.42 in the year-ago quarter. The current stock performance of Herbalife Nutrition shows a 52-week-high of $55.78 and a 52-week-low of $25.57. Moreover, at the end of the last trading period, the closing price was at $27.57.

For The Scotts Miracle Gro Co (NYSE:SMG), Stifel downgraded the previous rating of Buy to Hold. For the second quarter, Scotts Miracle Gro had an EPS of $5.03, compared to year-ago quarter EPS of $5.64. At the moment, the stock has a 52-week-high of $247.84 and a 52-week-low of $98.61. Scotts Miracle Gro closed at $105.95 at the end of the last trading period.

According to Credit Suisse, the prior rating for Iamgold Corp (NYSE:IAG) was changed from Neutral to Underperform. In the first quarter, Iamgold showed an EPS of $0.05, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3.85 and a 52-week-low of $2.16. Iamgold closed at $2.79 at the end of the last trading period.

According to Piper Sandler, the prior rating for Wesbanco Inc (NASDAQ:WSBC) was changed from Neutral to Underweight. For the first quarter, Wesbanco had an EPS of $0.70, compared to year-ago quarter EPS of $1.06. The stock has a 52-week-high of $39.87 and a 52-week-low of $30.21. At the end of the last trading period, Wesbanco closed at $33.14.

For Vornado Realty Trust (NYSE:VNO), Piper Sandler downgraded the previous rating of Neutral to Underweight. For the first quarter, Vornado Realty had an EPS of $0.79, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of $50.91 and a 52-week-low of $37.00. At the end of the last trading period, Vornado Realty closed at $38.71.

See all analyst ratings downgrades.

Initiations

B. Riley Securities initiated coverage on Sono Group NV (NASDAQ:SEV) with a Buy rating. The price target for Sono Group is set to $8.00. At the moment, the stock has a 52-week-high of $47.49 and a 52-week-low of $3.58. Sono Group closed at $3.99 at the end of the last trading period.

With a Buy rating, EF Hutton initiated coverage on SPI Energy Co Ltd (NASDAQ:SPI). The price target seems to have been set at $7.00 for SPI Energy. At the moment, the stock has a 52-week-high of $8.59 and a 52-week-low of $1.92. SPI Energy closed at $2.09 at the end of the last trading period.

Northland Capital Markets initiated coverage on Sunworks Inc (NASDAQ:SUNW) with an Outperform rating. The price target for Sunworks is set to $4.50. Sunworks earned $0.28 in the fourth quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $11.77 and a 52-week-low of $1.65. At the end of the last trading period, Sunworks closed at $1.79.

With a Buy rating, HC Wainwright & Co. initiated coverage on Nuvation Bio Inc (NYSE:NUVB). The price target seems to have been set at $14.00 for Nuvation Bio. The stock has a 52-week-high of $15.23 and a 52-week-low of $4.46. At the end of the last trading period, Nuvation Bio closed at $4.78.

Roth Capital initiated coverage on Mind Medicine Inc (NASDAQ:MNMD) with a Buy rating. The price target for Mind Medicine is set to $7.00. The stock has a 52-week-high of $4.04 and a 52-week-low of $0.79. At the end of the last trading period, Mind Medicine closed at $0.86.

With an Outperform rating, Credit Suisse initiated coverage on Marqeta Inc (NASDAQ:MQ). The price target seems to have been set at $13.50 for Marqeta. In the fourth quarter, Marqeta showed an EPS of $0.07, compared to $0.11 from the year-ago quarter. 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 $9.29.

With a Neutral rating, Goldman Sachs initiated coverage on Pegasystems Inc (NASDAQ:PEGA). The price target seems to have been set at $86.00 for Pegasystems. Pegasystems earned $0.59 in the first quarter, compared to $0.26 in the year-ago quarter. The current stock performance of Pegasystems shows a 52-week-high of $143.66 and a 52-week-low of $68.21. Moreover, at the end of the last trading period, the closing price was at $72.82.

See all analyst ratings initiations.

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