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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For May 5, 2022

Upgrades

According to Tudor Pickering, the prior rating for ProPetro Holding Corp (NYSE:PUMP) was changed from Hold to Buy. In the first quarter, ProPetro Holding showed an EPS of $0.11, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.93 and a 52-week-low of $6.39. ProPetro Holding closed at $13.88 at the end of the last trading period.

For Momentive Global Inc (NASDAQ:MNTV), Craig-Hallum upgraded the previous rating of Hold to Buy. For the first quarter, Momentive Global had an EPS of $0.00, compared to year-ago quarter EPS of $0.02. At the moment, the stock has a 52-week-high of $25.00 and a 52-week-low of $13.50. Momentive Global closed at $14.33 at the end of the last trading period.

For Fortinet Inc (NASDAQ:FTNT), Mizuho upgraded the previous rating of Neutral to Buy. In the first quarter, Fortinet showed an EPS of $0.94, compared to $0.81 from the year-ago quarter. At the moment, the stock has a 52-week-high of $371.77 and a 52-week-low of $195.96. Fortinet closed at $287.37 at the end of the last trading period.

According to Guggenheim, the prior rating for Zymeworks Inc (NYSE:ZYME) was changed from Neutral to Buy. In the first quarter, Zymeworks showed an EPS of $1.19, compared to $0.87 from the year-ago quarter. At the moment, the stock has a 52-week-high of $39.41 and a 52-week-low of $4.56. Zymeworks closed at $7.03 at the end of the last trading period.

Piper Sandler upgraded the previous rating for AGNC Investment Corp (NASDAQ:AGNC) from Neutral to Overweight. In the first quarter, AGNC Investment showed an EPS of $0.72, compared to $0.76 from the year-ago quarter. The current stock performance of AGNC Investment shows a 52-week-high of $18.84 and a 52-week-low of $10.86. Moreover, at the end of the last trading period, the closing price was at $12.12.

According to Wells Fargo, the prior rating for Sinclair Broadcast Group Inc (NASDAQ:SBGI) was changed from Equal-Weight to Overweight. For the first quarter, Sinclair Broadcast Group had an EPS of $0.37, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $35.69 and a 52-week-low of $22.07. At the end of the last trading period, Sinclair Broadcast Group closed at $24.15.

According to JP Morgan, the prior rating for Esperion Therapeutics Inc (NASDAQ:ESPR) was changed from Underweight to Neutral. Esperion Therapeutics earned $0.93 in the first quarter, compared to $3.50 in the year-ago quarter. The stock has a 52-week-high of $26.81 and a 52-week-low of $3.28. At the end of the last trading period, Esperion Therapeutics closed at $6.38.

See all analyst ratings upgrades.

Downgrades

According to Guggenheim, the prior rating for Macrogenics Inc (NASDAQ:MGNX) was changed from Buy to Neutral. Macrogenics earned $1.08 in the first quarter, compared to $0.90 in the year-ago quarter. The current stock performance of Macrogenics shows a 52-week-high of $33.78 and a 52-week-low of $5.68. Moreover, at the end of the last trading period, the closing price was at $6.44.

For Sally Beauty Holdings Inc (NYSE:SBH), Oppenheimer downgraded the previous rating of Outperform to Perform. Sally Beauty Holdings earned $0.47 in the second quarter, compared to $0.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.66 and a 52-week-low of $14.88. Sally Beauty Holdings closed at $15.95 at the end of the last trading period.

Argus Research downgraded the previous rating for Twitter Inc (NYSE:TWTR) from Buy to Hold. Twitter earned $0.90 in the first quarter, compared to $0.16 in the year-ago quarter. At the moment, the stock has a 52-week-high of $73.34 and a 52-week-low of $31.30. Twitter closed at $49.06 at the end of the last trading period.

For Teladoc Health Inc (NYSE:TDOC), Argus Research downgraded the previous rating of Buy to Hold. In the first quarter, Teladoc Health showed an EPS of $0.47, compared to $1.31 from the year-ago quarter. The stock has a 52-week-high of $174.32 and a 52-week-low of $28.75. At the end of the last trading period, Teladoc Health closed at $39.46.

DA Davidson downgraded the previous rating for Tupperware Brands Corp (NYSE:TUP) from Buy to Neutral. Tupperware Brands earned $0.12 in the first quarter, compared to $0.82 in the year-ago quarter. The current stock performance of Tupperware Brands shows a 52-week-high of $29.20 and a 52-week-low of $11.31. Moreover, at the end of the last trading period, the closing price was at $12.15.

For Tupperware Brands Corp (NYSE:TUP), Citigroup downgraded the previous rating of Buy to Neutral. For the first quarter, Tupperware Brands had an EPS of $0.12, compared to year-ago quarter EPS of $0.82. The stock has a 52-week-high of $29.20 and a 52-week-low of $11.31. At the end of the last trading period, Tupperware Brands closed at $12.15.

According to Wells Fargo, the prior rating for Tegna Inc (NYSE:TGNA) was changed from Overweight to Equal-Weight. For the fourth quarter, Tegna had an EPS of $0.57, compared to year-ago quarter EPS of $1.16. At the moment, the stock has a 52-week-high of $23.04 and a 52-week-low of $16.41. Tegna closed at $22.12 at the end of the last trading period.

SVB Leerink downgraded the previous rating for Aligos Therapeutics Inc (NASDAQ:ALGS) from Outperform to Market Perform. For the first quarter, Aligos Therapeutics had an EPS of $0.84, compared to year-ago quarter EPS of $0.74. At the moment, the stock has a 52-week-high of $34.31 and a 52-week-low of $1.16. Aligos Therapeutics closed at $1.24 at the end of the last trading period.

JP Morgan downgraded the previous rating for Murphy Oil Corp (NYSE:MUR) from Overweight to Neutral. In the first quarter, Murphy Oil showed an EPS of $0.73, compared to $0.06 from the year-ago quarter. The current stock performance of Murphy Oil shows a 52-week-high of $44.63 and a 52-week-low of $16.79. Moreover, at the end of the last trading period, the closing price was at $39.72.

For Amarin Corp PLC (NASDAQ:AMRN), HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. For the first quarter, Amarin Corp had an EPS of $0.06, compared to year-ago quarter EPS of $0.00. At the moment, the stock has a 52-week-high of $5.97 and a 52-week-low of $1.45. Amarin Corp closed at $1.56 at the end of the last trading period.

Evercore ISI Group downgraded the previous rating for Brinker International Inc (NYSE:EAT) from Outperform to In-Line. For the third quarter, Brinker International had an EPS of $0.92, compared to year-ago quarter EPS of $0.78. At the moment, the stock has a 52-week-high of $66.09 and a 52-week-low of $30.20. Brinker International closed at $34.65 at the end of the last trading period.

For Sprouts Farmers Market Inc (NASDAQ:SFM), B of A Securities downgraded the previous rating of Buy to Underperform. Sprouts Farmers Market earned $0.79 in the first quarter, compared to $0.70 in the year-ago quarter. The stock has a 52-week-high of $35.34 and a 52-week-low of $21.18. At the end of the last trading period, Sprouts Farmers Market closed at $31.35.

According to B of A Securities, the prior rating for IDEXX Laboratories Inc (NASDAQ:IDXX) was changed from Buy to Neutral. IDEXX Laboratories earned $2.27 in the first quarter, compared to $2.35 in the year-ago quarter. The stock has a 52-week-high of $706.95 and a 52-week-low of $381.11. At the end of the last trading period, IDEXX Laboratories closed at $411.31.

According to SVB Leerink, the prior rating for Amarin Corp PLC (NASDAQ:AMRN) was changed from Outperform to Market Perform. Amarin Corp earned $0.06 in the first quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $5.97 and a 52-week-low of $1.45. At the end of the last trading period, Amarin Corp closed at $1.56.

For Connect Biopharma Holdings Ltd (NASDAQ:CNTB), Piper Sandler downgraded the previous rating of Overweight to Neutral. NoneThe stock has a 52-week-high of $29.27 and a 52-week-low of $0.78. At the end of the last trading period, Connect Biopharma Hldgs closed at $0.82.

According to Piper Sandler, the prior rating for HomeStreet Inc (NASDAQ:HMST) was changed from Neutral to Underweight. HomeStreet earned $1.01 in the first quarter, compared to $1.35 in the year-ago quarter. The stock has a 52-week-high of $57.40 and a 52-week-low of $36.20. At the end of the last trading period, HomeStreet closed at $42.30.

For New Residential Investment Corp (NYSE:NRZ), Piper Sandler downgraded the previous rating of Overweight to Neutral. For the first quarter, New Residential Inv had an EPS of $0.37, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $11.81 and a 52-week-low of $8.98. At the end of the last trading period, New Residential Inv closed at $11.74.

Credit Suisse downgraded the previous rating for BioAtla Inc (NASDAQ:BCAB) from Outperform to Neutral. The stock has a 52-week-high of $51.83 and a 52-week-low of $3.40. At the end of the last trading period, BioAtla closed at $4.08.

See all analyst ratings downgrades.

Initiations

Barrington Research initiated coverage on Cumulus Media Inc (NASDAQ:CMLS) with an Outperform rating. Cumulus Media earned $0.04 in the first quarter, compared to $1.07 in the year-ago quarter. The current stock performance of Cumulus Media shows a 52-week-high of $15.20 and a 52-week-low of $8.91. Moreover, at the end of the last trading period, the closing price was at $14.24.

Credit Suisse initiated coverage on The Beachbody Co Inc (NYSE:BODY) with a Neutral rating. The price target for Beachbody Co is set to $2.27. At the moment, the stock has a 52-week-high of $13.50 and a 52-week-low of $1.50. Beachbody Co closed at $1.74 at the end of the last trading period.

DA Davidson initiated coverage on Polaris Inc (NYSE:PII) with a Neutral rating. The price target for Polaris is set to $99.00. Polaris earned $1.29 in the first quarter, compared to $2.30 in the year-ago quarter. At the moment, the stock has a 52-week-high of $145.79 and a 52-week-low of $94.24. Polaris closed at $111.24 at the end of the last trading period.

MKM Partners initiated coverage on LCI Industries Inc (NYSE:LCII) with a Buy rating. The price target for LCI Indus is set to $153.00. In the fourth quarter, LCI Indus showed an EPS of $3.22, compared to $1.92 from the year-ago quarter. The stock has a 52-week-high of $163.33 and a 52-week-low of $96.32. At the end of the last trading period, LCI Indus closed at $111.30.

With a Buy rating, MKM Partners initiated coverage on Patrick Industries Inc (NASDAQ:PATK). The price target seems to have been set at $93.00 for Patrick Industries. For the first quarter, Patrick Industries had an EPS of $4.54, compared to year-ago quarter EPS of $1.80. The stock has a 52-week-high of $98.42 and a 52-week-low of $54.80. At the end of the last trading period, Patrick Industries closed at $69.16.

With a Buy rating, MKM Partners initiated coverage on Winnebago Industries Inc (NYSE:WGO). The price target seems to have been set at $79.00 for Winnebago Industries. In the second quarter, Winnebago Industries showed an EPS of $3.14, compared to $2.12 from the year-ago quarter. The stock has a 52-week-high of $85.06 and a 52-week-low of $51.29. At the end of the last trading period, Winnebago Industries closed at $59.80.

MKM Partners initiated coverage on Thor Industries Inc (NYSE:THO) with a Neutral rating. The price target for Thor Industries is set to $89.00. Thor Industries earned $4.79 in the second quarter, compared to $2.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $148.00 and a 52-week-low of $73.50. Thor Industries closed at $89.17 at the end of the last trading period.

See all analyst ratings initiations.

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