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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For May 9, 2022

Upgrades

For Axogen Inc (NASDAQ:AXGN), Canaccord Genuity upgraded the previous rating of Hold to Buy. Axogen earned $0.20 in the first quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $23.94 and a 52-week-low of $6.87. At the end of the last trading period, Axogen closed at $9.03.

TD Securities upgraded the previous rating for Brookfield Renewable Partners LP (NYSE:BEP) from Hold to Buy. Brookfield Renewable earned $0.16 in the first quarter, compared to $0.24 in the year-ago quarter. The current stock performance of Brookfield Renewable shows a 52-week-high of $41.95 and a 52-week-low of $30.93. Moreover, at the end of the last trading period, the closing price was at $35.04.

For Innovative Industrial Properties Inc (NYSE:IIPR), Craig-Hallum upgraded the previous rating of Hold to Buy. For the first quarter, Innovative Industrial had an EPS of $2.04, compared to year-ago quarter EPS of $1.47. The stock has a 52-week-high of $288.02 and a 52-week-low of $132.57. At the end of the last trading period, Innovative Industrial closed at $134.00.

According to William Blair, the prior rating for Standex International Corp (NYSE:SXI) was changed from Market Perform to Outperform. Standex International earned $1.54 in the third quarter, compared to $1.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $121.44 and a 52-week-low of $86.30. Standex International closed at $95.15 at the end of the last trading period.

According to Susquehanna, the prior rating for MaxLinear Inc (NASDAQ:MXL) was changed from Neutral to Positive. At the moment, the stock has a 52-week-high of $77.89 and a 52-week-low of $31.76. MaxLinear closed at $43.27 at the end of the last trading period.

Truist Securities upgraded the previous rating for Playa Hotels & Resorts NV (NASDAQ:PLYA) from Hold to Buy. For the first quarter, Playa Hotels & Resorts had an EPS of $0.19, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $9.81 and a 52-week-low of $6.13. At the end of the last trading period, Playa Hotels & Resorts closed at $8.85.

For Match Group Inc (NASDAQ:MTCH), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Match Group earned $0.60 in the first quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Match Group shows a 52-week-high of $182.00 and a 52-week-low of $69.28. Moreover, at the end of the last trading period, the closing price was at $74.07.

According to Credit Suisse, the prior rating for DISH Network Corp (NASDAQ:DISH) was changed from Neutral to Outperform. DISH Network earned $0.68 in the first quarter, compared to $0.99 in the year-ago quarter. The stock has a 52-week-high of $47.05 and a 52-week-low of $21.77. At the end of the last trading period, DISH Network closed at $22.22.

According to Cowen & Co., the prior rating for Cigna Corp (NYSE:CI) was changed from Market Perform to Outperform. In the first quarter, Cigna showed an EPS of $6.01, compared to $4.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $272.81 and a 52-week-low of $191.74. Cigna closed at $266.90 at the end of the last trading period.

For Prestige Consumer Healthcare Inc (NYSE:PBH), Oppenheimer upgraded the previous rating of Perform to Outperform. In the fourth quarter, Prestige Consumer showed an EPS of $0.91, compared to $0.79 from the year-ago quarter. The stock has a 52-week-high of $63.83 and a 52-week-low of $44.37. At the end of the last trading period, Prestige Consumer closed at $54.88.

New Street Research upgraded the previous rating for DLocal Ltd (NASDAQ:DLO) from Neutral to Buy. The stock has a 52-week-high of $73.43 and a 52-week-low of $19.69. At the end of the last trading period, DLocal closed at $20.00.

For Progressive Corp (NYSE:PGR), Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. For the first quarter, Progressive had an EPS of $1.11, compared to year-ago quarter EPS of $1.73. The stock has a 52-week-high of $120.17 and a 52-week-low of $89.35. At the end of the last trading period, Progressive closed at $109.46.

See all analyst ratings upgrades.

Downgrades

Keefe, Bruyette & Woods downgraded the previous rating for Black Knight Inc (NYSE:BKI) from Outperform to Market Perform. In the first quarter, Black Knight showed an EPS of $0.63, compared to $0.56 from the year-ago quarter. The current stock performance of Black Knight shows a 52-week-high of $84.27 and a 52-week-low of $52.00. Moreover, at the end of the last trading period, the closing price was at $70.91.

For 180 Life Sciences Corp (NASDAQ:ATNF), Maxim Group downgraded the previous rating of Buy to Hold. At the moment, the stock has a 52-week-high of $11.75 and a 52-week-low of $1.20. 180 Life Sciences closed at $1.31 at the end of the last trading period.

For Domino's Pizza Inc (NYSE:DPZ), Argus Research downgraded the previous rating of Buy to Hold. For the first quarter, Domino's Pizza had an EPS of $2.50, compared to year-ago quarter EPS of $3.00. The stock has a 52-week-high of $567.57 and a 52-week-low of $335.30. At the end of the last trading period, Domino's Pizza closed at $341.79.

For Arvinas Inc (NASDAQ:ARVN), Wedbush downgraded the previous rating of Outperform to Neutral. For the first quarter, Arvinas had an EPS of $1.20, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $108.47 and a 52-week-low of $44.96. Arvinas closed at $45.68 at the end of the last trading period.

According to Truist Securities, the prior rating for Virgin Galactic Holdings Inc (NYSE:SPCE) was changed from Buy to Hold. Virgin Galactic Hldgs earned $0.36 in the first quarter, compared to $0.55 in the year-ago quarter. The current stock performance of Virgin Galactic Hldgs shows a 52-week-high of $57.51 and a 52-week-low of $6.35. Moreover, at the end of the last trading period, the closing price was at $6.80.

For Simmons First National Corp (NASDAQ:SFNC), Piper Sandler downgraded the previous rating of Neutral to Underweight. For the first quarter, Simmons First National had an EPS of $0.59, compared to year-ago quarter EPS of $0.62. At the moment, the stock has a 52-week-high of $32.76 and a 52-week-low of $22.89. Simmons First National closed at $24.94 at the end of the last trading period.

For Professional Holding Corp (NASDAQ:PFHD), Piper Sandler downgraded the previous rating of Overweight to Neutral. For the first quarter, Professional Holding had an EPS of $0.17, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $24.55 and a 52-week-low of $16.90. At the end of the last trading period, Professional Holding closed at $22.85.

According to New Street Research, the prior rating for PagSeguro Digital Ltd (NYSE:PAGS) was changed from Buy to Neutral. In the fourth quarter, PagSeguro Digital showed an EPS of $0.23, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $61.65 and a 52-week-low of $11.76. PagSeguro Digital closed at $12.33 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Novartis AG (NYSE:NVS) from Outperform to Peer Perform. Novartis earned $1.46 in the first quarter, compared to $1.52 in the year-ago quarter. The current stock performance of Novartis shows a 52-week-high of $95.17 and a 52-week-low of $79.09. Moreover, at the end of the last trading period, the closing price was at $85.82.

Piper Sandler downgraded the previous rating for BankUnited Inc (NYSE:BKU) from Neutral to Underweight. In the first quarter, BankUnited showed an EPS of $0.79, compared to $1.06 from the year-ago quarter. The stock has a 52-week-high of $49.55 and a 52-week-low of $37.08. At the end of the last trading period, BankUnited closed at $39.62.

According to JP Morgan, the prior rating for iHeartMedia Inc (NASDAQ:IHRT) was changed from Overweight to Neutral. In the first quarter, iHeartMedia showed an EPS of $0.33, compared to $1.73 from the year-ago quarter. The current stock performance of iHeartMedia shows a 52-week-high of $28.24 and a 52-week-low of $13.88. Moreover, at the end of the last trading period, the closing price was at $14.01.

JP Morgan downgraded the previous rating for DISH Network Corp (NASDAQ:DISH) from Overweight to Neutral. In the first quarter, DISH Network showed an EPS of $0.68, compared to $0.99 from the year-ago quarter. At the moment, the stock has a 52-week-high of $47.05 and a 52-week-low of $21.77. DISH Network closed at $22.22 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, B of A Securities initiated coverage on Teleflex Inc (NYSE:TFX). The price target seems to have been set at $315.00 for Teleflex. In the first quarter, Teleflex showed an EPS of $2.88, compared to $2.87 from the year-ago quarter. The current stock performance of Teleflex shows a 52-week-high of $428.36 and a 52-week-low of $268.29. Moreover, at the end of the last trading period, the closing price was at $269.61.

With an Underperform rating, B of A Securities initiated coverage on On Holding AG (NYSE:ONON). The price target seems to have been set at $16.00 for On Holding. At the moment, the stock has a 52-week-high of $55.87 and a 52-week-low of $19.75. On Holding closed at $22.53 at the end of the last trading period.

Lake Street initiated coverage on Applied Blockchain Inc (NASDAQ:APLD) with a Buy rating. The price target for Applied Blockchain is set to $10.00. At the moment, the stock has a 52-week-high of $5.70 and a 52-week-low of $0.61. Applied Blockchain closed at $3.54 at the end of the last trading period.

Northland Capital Markets initiated coverage on Applied Blockchain Inc (NASDAQ:APLD) with an Outperform rating. The price target for Applied Blockchain is set to $7.50. The current stock performance of Applied Blockchain shows a 52-week-high of $5.70 and a 52-week-low of $0.61. Moreover, at the end of the last trading period, the closing price was at $3.54.

With a Buy rating, B. Riley Securities initiated coverage on Applied Blockchain Inc (NASDAQ:APLD). The price target seems to have been set at $10.00 for Applied Blockchain. The current stock performance of Applied Blockchain shows a 52-week-high of $5.70 and a 52-week-low of $0.61. Moreover, at the end of the last trading period, the closing price was at $3.54.

Stephens & Co. initiated coverage on Excelerate Energy Inc (NYSE:EE) with an Overweight rating. The price target for Excelerate Energy is set to $36.00. Excelerate Energy earned $0.21 in the first quarter, compared to $0.17 in the year-ago quarter. The current stock performance of Excelerate Energy shows a 52-week-high of $29.10 and a 52-week-low of $22.65. Moreover, at the end of the last trading period, the closing price was at $26.90.

BTIG initiated coverage on Apartment Income REIT Corp (NYSE:AIRC) with a Neutral rating. In the first quarter, Apartment Income REIT showed an EPS of $0.57, compared to $0.50 from the year-ago quarter. The current stock performance of Apartment Income REIT shows a 52-week-high of $55.82 and a 52-week-low of $42.96. Moreover, at the end of the last trading period, the closing price was at $44.95.

For NexPoint Residential Trust Inc (NYSE:NXRT), BTIG initiated coverage, by setting the current rating at Neutral. For the first quarter, NexPoint Residential had an EPS of $0.78, compared to year-ago quarter EPS of $0.56. The current stock performance of NexPoint Residential shows a 52-week-high of $95.04 and a 52-week-low of $48.21. Moreover, at the end of the last trading period, the closing price was at $76.16.

Morgan Stanley initiated coverage on Excelerate Energy Inc (NYSE:EE) with a Equal-Weight rating. The price target for Excelerate Energy is set to $31.00. Excelerate Energy earned $0.21 in the first quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $29.10 and a 52-week-low of $22.65. Excelerate Energy closed at $26.90 at the end of the last trading period.

With an Outperform rating, Raymond James initiated coverage on Excelerate Energy Inc (NYSE:EE). The price target seems to have been set at $30.00 for Excelerate Energy. For the first quarter, Excelerate Energy 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 $29.10 and a 52-week-low of $22.65. Excelerate Energy closed at $26.90 at the end of the last trading period.

With an Overweight rating, Barclays initiated coverage on Excelerate Energy Inc (NYSE:EE). The price target seems to have been set at $33.00 for Excelerate Energy. Excelerate Energy earned $0.21 in the first quarter, compared to $0.17 in the year-ago quarter. The current stock performance of Excelerate Energy shows a 52-week-high of $29.10 and a 52-week-low of $22.65. Moreover, at the end of the last trading period, the closing price was at $26.90.

With a Equal-Weight rating, Wells Fargo initiated coverage on Excelerate Energy Inc (NYSE:EE). The price target seems to have been set at $29.00 for Excelerate Energy. Excelerate Energy earned $0.21 in the first quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $29.10 and a 52-week-low of $22.65. Excelerate Energy closed at $26.90 at the end of the last trading period.

With an Outperform rating, Credit Suisse initiated coverage on Ventyx Biosciences Inc (NASDAQ:VTYX). The price target seems to have been set at $53.00 for Ventyx Biosciences. The stock has a 52-week-high of $26.00 and a 52-week-low of $9.50. At the end of the last trading period, Ventyx Biosciences closed at $16.34.

Needham initiated coverage on Applied Blockchain Inc (NASDAQ:APLD) with a Buy rating. The price target for Applied Blockchain is set to $5.50. The stock has a 52-week-high of $5.70 and a 52-week-low of $0.61. At the end of the last trading period, Applied Blockchain closed at $3.54.

B. Riley Securities initiated coverage on Lantheus Holdings Inc (NASDAQ:LNTH) with a Buy rating. The price target for Lantheus Holdings is set to $91.00. In the first quarter, Lantheus Holdings showed an EPS of $0.97, compared to $0.05 from the year-ago quarter. The current stock performance of Lantheus Holdings shows a 52-week-high of $69.74 and a 52-week-low of $19.30. Moreover, at the end of the last trading period, the closing price was at $64.20.

CICC initiated coverage on Lufax Holding Ltd (NYSE:LU) with an Outperform rating. The price target for Lufax Holding is set to $7.80. Lufax Holding earned $0.19 in the fourth quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Lufax Holding shows a 52-week-high of $13.04 and a 52-week-low of $4.08. Moreover, at the end of the last trading period, the closing price was at $5.14.

With an Outperform rating, CICC initiated coverage on Salesforce Inc (NYSE:CRM). The price target seems to have been set at $219.00 for Salesforce. Salesforce earned $0.84 in the fourth quarter, compared to $1.04 in the year-ago quarter. The current stock performance of Salesforce shows a 52-week-high of $311.75 and a 52-week-low of $165.58. Moreover, at the end of the last trading period, the closing price was at $169.70.

See all analyst ratings initiations.

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