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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For April 18, 2022

Upgrades

For PBF Energy Inc (NYSE:PBF), Scotiabank upgraded the previous rating of Sector Underperform to Sector Perform. For the fourth quarter, PBF Energy had an EPS of $1.28, compared to year-ago quarter EPS of $4.53. At the moment, the stock has a 52-week-high of $27.69 and a 52-week-low of $7.24. PBF Energy closed at $27.32 at the end of the last trading period.

B of A Securities upgraded the previous rating for Spire Inc (NYSE:SR) from Underperform to Neutral. In the first quarter, Spire showed an EPS of $1.14, compared to $1.42 from the year-ago quarter. The stock has a 52-week-high of $77.95 and a 52-week-low of $59.60. At the end of the last trading period, Spire closed at $75.49.

For ConocoPhillips (NYSE:COP), Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. In the fourth quarter, ConocoPhillips showed an EPS of $2.27, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $107.52 and a 52-week-low of $47.85. At the end of the last trading period, ConocoPhillips closed at $101.37.

According to Morgan Stanley, the prior rating for Gap Inc (NYSE:GPS) was changed from Underweight to Equal-Weight. For the fourth quarter, Gap had an EPS of $0.02, compared to year-ago quarter EPS of $0.28. The current stock performance of Gap shows a 52-week-high of $37.63 and a 52-week-low of $12.78. Moreover, at the end of the last trading period, the closing price was at $14.11.

For H.B. Fuller Co (NYSE:FUL), Deutsche Bank upgraded the previous rating of Hold to Buy. For the first quarter, H.B. Fuller had an EPS of $0.80, compared to year-ago quarter EPS of $0.66. At the moment, the stock has a 52-week-high of $81.73 and a 52-week-low of $59.17. H.B. Fuller closed at $70.30 at the end of the last trading period.

For Delta Air Lines Inc (NYSE:DAL), UBS upgraded the previous rating of Neutral to Buy. Delta Air Lines earned $1.23 in the first quarter, compared to $3.55 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.50 and a 52-week-low of $29.75. Delta Air Lines closed at $42.36 at the end of the last trading period.

Baird upgraded the previous rating for Comerica Inc (NYSE:CMA) from Underperform to Neutral. Comerica earned $1.66 in the fourth quarter, compared to $1.49 in the year-ago quarter. The current stock performance of Comerica shows a 52-week-high of $102.09 and a 52-week-low of $63.07. Moreover, at the end of the last trading period, the closing price was at $88.37.

Baird upgraded the previous rating for Zions Bancorp NA (NASDAQ:ZION) from Underperform to Neutral. For the fourth quarter, Zions Bancorp had an EPS of $1.34, compared to year-ago quarter EPS of $1.66. At the moment, the stock has a 52-week-high of $75.44 and a 52-week-low of $47.06. Zions Bancorp closed at $62.92 at the end of the last trading period.

According to Wells Fargo, the prior rating for Biogen Inc (NASDAQ:BIIB) was changed from Equal-Weight to Overweight. In the fourth quarter, Biogen showed an EPS of $3.39, compared to $4.58 from the year-ago quarter. The stock has a 52-week-high of $468.55 and a 52-week-low of $192.67. At the end of the last trading period, Biogen closed at $212.55.

See all analyst ratings upgrades.

Downgrades

Stephens & Co. downgraded the previous rating for SLM Corp (NASDAQ:SLM) from Overweight to Equal-Weight. SLM earned $1.05 in the fourth quarter, compared to $1.15 in the year-ago quarter. The stock has a 52-week-high of $21.40 and a 52-week-low of $16.36. At the end of the last trading period, SLM closed at $16.81.

For Sabra Health Care REIT Inc (NASDAQ:SBRA), Barclays downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Sabra Health Care REIT had an EPS of $0.39, compared to year-ago quarter EPS of $0.42. At the moment, the stock has a 52-week-high of $19.02 and a 52-week-low of $12.31. Sabra Health Care REIT closed at $12.96 at the end of the last trading period.

Scotiabank downgraded the previous rating for Pioneer Natural Resources Co (NYSE:PXD) from Sector Outperform to Sector Perform. In the fourth quarter, Pioneer Natural Resources showed an EPS of $4.58, compared to $1.07 from the year-ago quarter. The current stock performance of Pioneer Natural Resources shows a 52-week-high of $260.00 and a 52-week-low of $133.73. Moreover, at the end of the last trading period, the closing price was at $254.75.

For United Airlines Holdings Inc (NASDAQ:UAL), UBS downgraded the previous rating of Buy to Neutral. United Airlines Holdings earned $1.60 in the fourth quarter, compared to $7.00 in the year-ago quarter. The current stock performance of United Airlines Holdings shows a 52-week-high of $60.59 and a 52-week-low of $30.54. Moreover, at the end of the last trading period, the closing price was at $45.13.

Piper Sandler downgraded the previous rating for Newmark Group Inc (NASDAQ:NMRK) from Overweight to Neutral. Newmark Group earned $0.65 in the fourth quarter, compared to $0.30 in the year-ago quarter. The current stock performance of Newmark Group shows a 52-week-high of $19.10 and a 52-week-low of $10.25. Moreover, at the end of the last trading period, the closing price was at $13.29.

According to Piper Sandler, the prior rating for Macerich Co (NYSE:MAC) was changed from Neutral to Underweight. For the fourth quarter, Macerich had an EPS of $0.53, compared to year-ago quarter EPS of $0.45. The current stock performance of Macerich shows a 52-week-high of $22.88 and a 52-week-low of $11.96. Moreover, at the end of the last trading period, the closing price was at $14.24.

For Progressive Corp (NYSE:PGR), Piper Sandler downgraded the previous rating of Neutral to Underweight. In the first quarter, Progressive showed an EPS of $1.11, compared to $1.73 from the year-ago quarter. 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 $112.11.

According to Piper Sandler, the prior rating for Core Laboratories NV (NYSE:CLB) was changed from Neutral to Underweight. For the fourth quarter, Core Laboratories had an EPS of $0.20, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $49.87 and a 52-week-low of $21.08. Core Laboratories closed at $33.61 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Nektar Therapeutics (NASDAQ:NKTR) was changed from Neutral to Sell. In the fourth quarter, Nektar Therapeutics showed an EPS of $0.79, compared to $0.65 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.66 and a 52-week-low of $3.88. Nektar Therapeutics closed at $6.16 at the end of the last trading period.

Barclays downgraded the previous rating for CareTrust REIT Inc (NASDAQ:CTRE) from Overweight to Equal-Weight. In the fourth quarter, CareTrust REIT showed an EPS of $0.39, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.85 and a 52-week-low of $16.86. CareTrust REIT closed at $17.52 at the end of the last trading period.

Barclays downgraded the previous rating for BioCryst Pharmaceuticals Inc (NASDAQ:BCRX) from Overweight to Equal-Weight. BioCryst Pharmaceuticals earned $0.40 in the fourth quarter, compared to $0.34 in the year-ago quarter. The current stock performance of BioCryst Pharmaceuticals shows a 52-week-high of $19.99 and a 52-week-low of $9.72. Moreover, at the end of the last trading period, the closing price was at $11.38.

TD Securities downgraded the previous rating for CSX Corp (NASDAQ:CSX) from Buy to Hold. CSX earned $0.42 in the fourth quarter, compared to $0.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $104.87 and a 52-week-low of $29.48. CSX closed at $35.06 at the end of the last trading period.

According to Deutsche Bank, the prior rating for Axalta Coating Systems Ltd (NYSE:AXTA) was changed from Buy to Hold. For the fourth quarter, Axalta Coating Sys had an EPS of $0.30, compared to year-ago quarter EPS of $0.58. The stock has a 52-week-high of $34.20 and a 52-week-low of $21.67. At the end of the last trading period, Axalta Coating Sys closed at $25.13.

For Redbox Entertainment Inc (NASDAQ:RDBX), BTIG downgraded the previous rating of Buy to Neutral. At the moment, the stock has a 52-week-high of $27.22 and a 52-week-low of $1.61. Redbox Entertainment closed at $2.07 at the end of the last trading period.

According to Raymond James, the prior rating for Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) was changed from Outperform to Market Perform. In the fourth quarter, Red Robin Gourmet Burgers showed an EPS of $1.03, compared to $1.79 from the year-ago quarter. The stock has a 52-week-high of $38.96 and a 52-week-low of $12.35. At the end of the last trading period, Red Robin Gourmet Burgers closed at $14.79.

BMO Capital downgraded the previous rating for The Wendy's Co (NASDAQ:WEN) from Outperform to Market Perform. In the fourth quarter, Wendy's showed an EPS of $0.16, compared to $0.17 from the year-ago quarter. The current stock performance of Wendy's shows a 52-week-high of $29.46 and a 52-week-low of $20.36. Moreover, at the end of the last trading period, the closing price was at $20.89.

According to BMO Capital, the prior rating for Iamgold Corp (NYSE:IAG) was changed from Outperform to Market Perform. For the fourth quarter, Iamgold had an EPS of $0.09, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $3.85 and a 52-week-low of $2.16. Iamgold closed at $3.71 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Sirius XM Holdings Inc (NASDAQ:SIRI) was changed from Equal-Weight to Underweight. For the fourth quarter, Sirius XM Holdings had an EPS of $0.08, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $7.29 and a 52-week-low of $5.75. Sirius XM Holdings closed at $6.46 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Aptiv PLC (NYSE:APTV) from Neutral to Underweight. In the fourth quarter, Aptiv showed an EPS of $0.56, compared to $1.13 from the year-ago quarter. The current stock performance of Aptiv shows a 52-week-high of $180.81 and a 52-week-low of $94.75. Moreover, at the end of the last trading period, the closing price was at $107.51.

Keybanc downgraded the previous rating for Twitter Inc (NYSE:TWTR) from Overweight to Sector Weight. In the fourth quarter, Twitter showed an EPS of $0.33, compared to $0.38 from the year-ago quarter. The current stock performance of Twitter shows a 52-week-high of $73.34 and a 52-week-low of $31.30. Moreover, at the end of the last trading period, the closing price was at $45.08.

See all analyst ratings downgrades.

Initiations

With an Outperform rating, Noble Capital Markets initiated coverage on Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP). The price target seems to have been set at $0.60 for Tonix Pharmaceuticals. Tonix Pharmaceuticals earned $0.07 in the fourth quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $1.42 and a 52-week-low of $0.15. Tonix Pharmaceuticals closed at $0.19 at the end of the last trading period.

Canaccord Genuity initiated coverage on Gran Tierra Energy Inc (AMEX:GTE) with a Buy rating. The price target for Gran Tierra Energy is set to $2.70. Gran Tierra Energy earned $0.17 in the fourth quarter, compared to $0.13 in the year-ago quarter. The current stock performance of Gran Tierra Energy shows a 52-week-high of $2.02 and a 52-week-low of $0.44. Moreover, at the end of the last trading period, the closing price was at $1.72.

UBS initiated coverage on Brown & Brown Inc (NYSE:BRO) with a Neutral rating. The price target for Brown & Brown is set to $76.00. Brown & Brown earned $0.42 in the fourth quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $74.00 and a 52-week-low of $48.14. At the end of the last trading period, Brown & Brown closed at $71.26.

UBS initiated coverage on BRP Group Inc (NASDAQ:BRP) with a Buy rating. The price target for BRP Group is set to $30.00. BRP Group earned $0.10 in the fourth quarter, compared to $0.06 in the year-ago quarter. The current stock performance of BRP Group shows a 52-week-high of $45.36 and a 52-week-low of $22.00. Moreover, at the end of the last trading period, the closing price was at $23.28.

UBS initiated coverage on Arthur J. Gallagher & Co (NYSE:AJG) with a Neutral rating. The price target for Arthur J. Gallagher is set to $192.00. For the fourth quarter, Arthur J. Gallagher had an EPS of $0.98, compared to year-ago quarter EPS of $0.88. The stock has a 52-week-high of $184.92 and a 52-week-low of $132.48. At the end of the last trading period, Arthur J. Gallagher closed at $180.61.

EF Hutton initiated coverage on Chicago Atlantic Real Estate Finance Inc (NASDAQ:REFI) with a Buy rating. The price target for Chicago Atlantic Real is set to $21.00. The stock has a 52-week-high of $20.29 and a 52-week-low of $15.50. At the end of the last trading period, Chicago Atlantic Real closed at $17.63.

EF Hutton initiated coverage on Quest Resource Holding Corp (NASDAQ:QRHC) with a Buy rating. The price target for Quest Resource Holding is set to $13.00. In the fourth quarter, Quest Resource Holding showed an EPS of $0.08, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.30 and a 52-week-low of $3.16. Quest Resource Holding closed at $5.90 at the end of the last trading period.

Raymond James initiated coverage on Gossamer Bio Inc (NASDAQ:GOSS) with an Outperform rating. The price target for Gossamer Bio is set to $19.00. In the fourth quarter, Gossamer Bio showed an EPS of $0.74, compared to $0.88 from the year-ago quarter. The current stock performance of Gossamer Bio shows a 52-week-high of $14.30 and a 52-week-low of $7.04. Moreover, at the end of the last trading period, the closing price was at $8.85.

Loop Capital initiated coverage on Tyler Technologies Inc (NYSE:TYL) with a Buy rating. The price target for Tyler Technologies is set to $520.00. In the fourth quarter, Tyler Technologies showed an EPS of $1.75, compared to $1.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $557.55 and a 52-week-low of $384.38. Tyler Technologies closed at $404.83 at the end of the last trading period.

With a Buy rating, B. Riley Securities initiated coverage on EverQuote Inc (NASDAQ:EVER). The price target seems to have been set at $20.00 for EverQuote. In the fourth quarter, EverQuote showed an EPS of $0.29, compared to $0.13 from the year-ago quarter. The stock has a 52-week-high of $37.28 and a 52-week-low of $11.72. At the end of the last trading period, EverQuote closed at $15.08.

See all analyst ratings initiations.

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