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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For April 20, 2022

Upgrades

For Avis Budget Group Inc (NASDAQ:CAR), Barclays upgraded the previous rating of Underweight to Equal-Weight. In the fourth quarter, Avis Budget Gr showed an EPS of $7.08, compared to $0.36 from the year-ago quarter. The stock has a 52-week-high of $545.11 and a 52-week-low of $65.87. At the end of the last trading period, Avis Budget Gr closed at $285.35.

According to Needham, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from Underperform to Hold. For the first quarter, Netflix had an EPS of $3.53, compared to year-ago quarter EPS of $3.75. The stock has a 52-week-high of $700.99 and a 52-week-low of $329.82. At the end of the last trading period, Netflix closed at $348.61.

According to Raymond James, the prior rating for The Travelers Companies Inc (NYSE:TRV) was changed from Underperform to Market Perform. Travelers Companies earned $4.22 in the first quarter, compared to $2.73 in the year-ago quarter. The stock has a 52-week-high of $187.98 and a 52-week-low of $144.44. At the end of the last trading period, Travelers Companies closed at $176.16.

For Snap Inc (NYSE:SNAP), Citigroup upgraded the previous rating of Neutral to Buy. Snap earned $0.22 in the fourth quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $83.34 and a 52-week-low of $24.32. Moreover, at the end of the last trading period, the closing price was at $33.63.

Citigroup upgraded the previous rating for Meta Platforms Inc (NASDAQ:FB) from Neutral to Buy. Meta Platforms earned $3.67 in the fourth quarter, compared to $3.88 in the year-ago quarter. At the moment, the stock has a 52-week-high of $384.33 and a 52-week-low of $185.82. Meta Platforms closed at $217.31 at the end of the last trading period.

For LegalZoom.com Inc (NASDAQ:LZ), Citigroup upgraded the previous rating of Neutral to Buy. The current stock performance of LegalZoom.com shows a 52-week-high of $40.94 and a 52-week-low of $11.05. Moreover, at the end of the last trading period, the closing price was at $15.35.

According to Citigroup, the prior rating for Booking Holdings Inc (NASDAQ:BKNG) was changed from Neutral to Buy. Booking Holdings earned $15.83 in the fourth quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Booking Holdings shows a 52-week-high of $2715.66 and a 52-week-low of $1796.45. Moreover, at the end of the last trading period, the closing price was at $2239.38.

For Alphabet Inc (NASDAQ:GOOGL), Citigroup upgraded the previous rating of Neutral to Buy. In the fourth quarter, Alphabet showed an EPS of $30.69, compared to $22.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3030.93 and a 52-week-low of $2193.62. Alphabet closed at $2600.18 at the end of the last trading period.

Citigroup upgraded the previous rating for Peloton Interactive Inc (NASDAQ:PTON) from Neutral to Buy. Peloton Interactive earned $1.39 in the second quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Peloton Interactive shows a 52-week-high of $129.70 and a 52-week-low of $20.11. Moreover, at the end of the last trading period, the closing price was at $24.53.

RBC Capital upgraded the previous rating for Palantir Technologies Inc (NYSE:PLTR) from Underperform to Sector Perform. For the fourth quarter, Palantir Technologies had an EPS of $0.02, compared to year-ago quarter EPS of $0.06. The current stock performance of Palantir Technologies shows a 52-week-high of $29.29 and a 52-week-low of $9.74. Moreover, at the end of the last trading period, the closing price was at $12.91.

According to JP Morgan, the prior rating for Exelon Corp (NASDAQ:EXC) was changed from Neutral to Overweight. For the fourth quarter, Exelon had an EPS of $0.90, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of $58.21 and a 52-week-low of $40.11. Exelon closed at $49.50 at the end of the last trading period.

According to Citigroup, the prior rating for Airbnb Inc (NASDAQ:ABNB) was changed from Neutral to Buy. Airbnb earned $0.08 in the fourth quarter, compared to $2.43 in the year-ago quarter. The stock has a 52-week-high of $212.58 and a 52-week-low of $129.71. At the end of the last trading period, Airbnb closed at $170.12.

Goldman Sachs upgraded the previous rating for Belden Inc (NYSE:BDC) from Sell to Neutral. For the fourth quarter, Belden had an EPS of $1.32, compared to year-ago quarter EPS of $0.90. The stock has a 52-week-high of $68.87 and a 52-week-low of $41.38. At the end of the last trading period, Belden closed at $51.28.

See all analyst ratings upgrades.

Downgrades

KGI Securities downgraded the previous rating for Netflix Inc (NASDAQ:NFLX) from Outperform to Neutral. Netflix earned $3.53 in the first quarter, compared to $3.75 in the year-ago quarter. The current stock performance of Netflix shows a 52-week-high of $700.99 and a 52-week-low of $329.82. Moreover, at the end of the last trading period, the closing price was at $348.61.

Stephens & Co. downgraded the previous rating for Halliburton Co (NYSE:HAL) from Overweight to Equal-Weight. In the first quarter, Halliburton showed an EPS of $0.35, compared to $0.19 from the year-ago quarter. At the moment, the stock has a 52-week-high of $42.60 and a 52-week-low of $17.82. Halliburton closed at $41.31 at the end of the last trading period.

Oppenheimer downgraded the previous rating for Netflix Inc (NASDAQ:NFLX) from Outperform to Perform. For the first quarter, Netflix had an EPS of $3.53, compared to year-ago quarter EPS of $3.75. The stock has a 52-week-high of $700.99 and a 52-week-low of $329.82. At the end of the last trading period, Netflix closed at $348.61.

For Dentsply Sirona Inc (NASDAQ:XRAY), B of A Securities downgraded the previous rating of Buy to Neutral. In the fourth quarter, Dentsply Sirona showed an EPS of $0.76, compared to $0.87 from the year-ago quarter. At the moment, the stock has a 52-week-high of $69.54 and a 52-week-low of $41.16. Dentsply Sirona closed at $42.20 at the end of the last trading period.

According to Piper Sandler, the prior rating for American Campus Communities Inc (NYSE:ACC) was changed from Overweight to Neutral. In the fourth quarter, American Campus showed an EPS of $0.75, compared to $0.59 from the year-ago quarter. The current stock performance of American Campus shows a 52-week-high of $65.02 and a 52-week-low of $43.49. Moreover, at the end of the last trading period, the closing price was at $64.80.

B of A Securities downgraded the previous rating for Netflix Inc (NASDAQ:NFLX) from Buy to Underperform. For the first quarter, Netflix had an EPS of $3.53, compared to year-ago quarter EPS of $3.75. The current stock performance of Netflix shows a 52-week-high of $700.99 and a 52-week-low of $329.82. Moreover, at the end of the last trading period, the closing price was at $348.61.

For Netflix Inc (NASDAQ:NFLX), UBS downgraded the previous rating of Buy to Neutral. Netflix earned $3.53 in the first quarter, compared to $3.75 in the year-ago quarter. At the moment, the stock has a 52-week-high of $700.99 and a 52-week-low of $329.82. Netflix closed at $348.61 at the end of the last trading period.

According to Stifel, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from Buy to Hold. Netflix earned $3.53 in the first quarter, compared to $3.75 in the year-ago quarter. The current stock performance of Netflix shows a 52-week-high of $700.99 and a 52-week-low of $329.82. Moreover, at the end of the last trading period, the closing price was at $348.61.

According to RBC Capital, the prior rating for Kinross Gold Corp (NYSE:KGC) was changed from Outperform to Sector Perform. Kinross Gold earned $0.08 in the fourth quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $8.34 and a 52-week-low of $4.90. At the end of the last trading period, Kinross Gold closed at $6.05.

RBC Capital downgraded the previous rating for Iamgold Corp (NYSE:IAG) from Sector Perform to Underperform. Iamgold earned $0.09 in the fourth quarter, compared to $0.04 in the year-ago quarter. The current stock performance of Iamgold shows a 52-week-high of $3.85 and a 52-week-low of $2.16. Moreover, at the end of the last trading period, the closing price was at $3.32.

For Netflix Inc (NASDAQ:NFLX), Pivotal Research downgraded the previous rating of Buy to Sell. In the first quarter, Netflix showed an EPS of $3.53, compared to $3.75 from the year-ago quarter. At the moment, the stock has a 52-week-high of $700.99 and a 52-week-low of $329.82. Netflix closed at $348.61 at the end of the last trading period.

According to BTIG, the prior rating for Checkmate Pharmaceuticals Inc (NASDAQ:CMPI) was changed from Buy to Neutral. In the fourth quarter, Checkmate Pharmaceuticals showed an EPS of $0.62, compared to $1.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.45 and a 52-week-low of $2.00. Checkmate Pharmaceuticals closed at $10.35 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Netflix Inc (NASDAQ:NFLX) from Overweight to Neutral. For the first quarter, Netflix had an EPS of $3.53, compared to year-ago quarter EPS of $3.75. The current stock performance of Netflix shows a 52-week-high of $700.99 and a 52-week-low of $329.82. Moreover, at the end of the last trading period, the closing price was at $348.61.

Piper Sandler downgraded the previous rating for InnovAge Holding Corp (NASDAQ:INNV) from Neutral to Underweight. The current stock performance of InnovAge Holding shows a 52-week-high of $26.44 and a 52-week-low of $3.46. Moreover, at the end of the last trading period, the closing price was at $6.59.

According to Atlantic Equities, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from Overweight to Neutral. In the first quarter, Netflix showed an EPS of $3.53, compared to $3.75 from the year-ago quarter. At the moment, the stock has a 52-week-high of $700.99 and a 52-week-low of $329.82. Netflix closed at $348.61 at the end of the last trading period.

For Netflix Inc (NASDAQ:NFLX), JP Morgan downgraded the previous rating of Overweight to Neutral. In the first quarter, Netflix showed an EPS of $3.53, compared to $3.75 from the year-ago quarter. The current stock performance of Netflix shows a 52-week-high of $700.99 and a 52-week-low of $329.82. Moreover, at the end of the last trading period, the closing price was at $348.61.

According to Citigroup, the prior rating for TripAdvisor Inc (NASDAQ:TRIP) was changed from Buy to Neutral. TripAdvisor earned $0.01 in the fourth quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $54.27 and a 52-week-low of $20.25. TripAdvisor closed at $27.85 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Dentsply Sirona Inc (NASDAQ:XRAY) from Overweight to Neutral. In the fourth quarter, Dentsply Sirona showed an EPS of $0.76, compared to $0.87 from the year-ago quarter. The current stock performance of Dentsply Sirona shows a 52-week-high of $69.54 and a 52-week-low of $41.16. Moreover, at the end of the last trading period, the closing price was at $42.20.

According to Goldman Sachs, the prior rating for Volta Inc (NYSE:VLTA) was changed from Neutral to Sell. The current stock performance of Volta shows a 52-week-high of $14.34 and a 52-week-low of $2.50. Moreover, at the end of the last trading period, the closing price was at $2.72.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Jefferies initiated coverage on Invitation Homes Inc (NYSE:INVH). The price target seems to have been set at $48.00 for Invitation Homes. Invitation Homes earned $0.39 in the fourth quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $45.80 and a 52-week-low of $33.30. Invitation Homes closed at $43.04 at the end of the last trading period.

Jefferies initiated coverage on American Homes 4 Rent (NYSE:AMH) with a Buy rating. The price target for American Homes 4 Rent is set to $48.00. In the fourth quarter, American Homes 4 Rent showed an EPS of $0.37, compared to $0.31 from the year-ago quarter. The current stock performance of American Homes 4 Rent shows a 52-week-high of $44.07 and a 52-week-low of $34.73. Moreover, at the end of the last trading period, the closing price was at $43.00.

With a Equal-Weight rating, Morgan Stanley initiated coverage on Local Bounti Corp (NYSE:LOCL). The price target seems to have been set at $8.50 for Local Bounti. NoneAt the moment, the stock has a 52-week-high of $12.87 and a 52-week-low of $4.40. Local Bounti closed at $8.28 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on Terran Orbital Corp (NYSE:LLAP). The price target seems to have been set at $10.00 for Terran Orbital. The current stock performance of Terran Orbital shows a 52-week-high of $12.69 and a 52-week-low of $3.80. Moreover, at the end of the last trading period, the closing price was at $4.98.

B of A Securities initiated coverage on Alarm.com Holdings Inc (NASDAQ:ALRM) with a Buy rating. The price target for Alarm.com Holdings is set to $75.00. In the fourth quarter, Alarm.com Holdings showed an EPS of $0.43, compared to $0.45 from the year-ago quarter. The stock has a 52-week-high of $95.83 and a 52-week-low of $57.88. At the end of the last trading period, Alarm.com Holdings closed at $60.15.

With a Market Outperform rating, JMP Securities initiated coverage on Sun Communities Inc (NYSE:SUI). The price target seems to have been set at $220.00 for Sun Communities. In the fourth quarter, Sun Communities showed an EPS of $1.31, compared to $1.16 from the year-ago quarter. The stock has a 52-week-high of $211.79 and a 52-week-low of $157.49. At the end of the last trading period, Sun Communities closed at $188.19.

With a Neutral rating, UBS initiated coverage on Oak Street Health Inc (NYSE:OSH). The price target seems to have been set at $26.00 for Oak Street Health. For the fourth quarter, Oak Street Health had an EPS of $0.62, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of $65.22 and a 52-week-low of $13.72. At the end of the last trading period, Oak Street Health closed at $25.26.

With a Buy rating, UBS initiated coverage on Cano Health Inc (NYSE:CANO). The price target seems to have been set at $15.00 for Cano Health. The current stock performance of Cano Health shows a 52-week-high of $16.17 and a 52-week-low of $4.17. Moreover, at the end of the last trading period, the closing price was at $4.84.

Cowen & Co. initiated coverage on Biodesix Inc (NASDAQ:BDSX) with an Outperform rating. For the fourth quarter, Biodesix had an EPS of $0.49, compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of $19.41 and a 52-week-low of $1.31. At the end of the last trading period, Biodesix closed at $1.41.

Goldman Sachs initiated coverage on Alkermes PLC (NASDAQ:ALKS) with a Buy rating. The price target for Alkermes is set to $35.00. Alkermes earned $0.23 in the fourth quarter, compared to $0.10 in the year-ago quarter. The current stock performance of Alkermes shows a 52-week-high of $33.00 and a 52-week-low of $19.75. Moreover, at the end of the last trading period, the closing price was at $28.48.

Citigroup initiated coverage on Boxed Inc (NYSE:BOXD) with a Buy rating. The price target for Boxed is set to $13.00. For the fourth quarter, Boxed had an EPS of $1.64, compared to year-ago quarter EPS of $0.82. At the moment, the stock has a 52-week-high of $17.05 and a 52-week-low of $7.94. Boxed closed at $10.91 at the end of the last trading period.

Citigroup initiated coverage on DoorDash Inc (NYSE:DASH) with a Buy rating. The price target for DoorDash is set to $155.00. DoorDash earned $0.45 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $257.25 and a 52-week-low of $74.32. DoorDash closed at $106.51 at the end of the last trading period.

With a Buy rating, Citigroup initiated coverage on Sonder Holdings Inc (NASDAQ:SOND). The price target seems to have been set at $7.00 for Sonder Holdings. The current stock performance of Sonder Holdings shows a 52-week-high of $10.88 and a 52-week-low of $4.05. Moreover, at the end of the last trading period, the closing price was at $4.73.

With a Neutral rating, Citigroup initiated coverage on Squarespace Inc (NYSE:SQSP). The price target seems to have been set at $25.00 for Squarespace. The stock has a 52-week-high of $64.71 and a 52-week-low of $18.57. At the end of the last trading period, Squarespace closed at $23.09.

With a Buy rating, Citigroup initiated coverage on Wix.com Ltd (NASDAQ:WIX). The price target seems to have been set at $120.00 for Wix.com. In the fourth quarter, Wix.com showed an EPS of $0.37, compared to $0.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $329.00 and a 52-week-low of $70.70. Wix.com closed at $94.15 at the end of the last trading period.

With an Outperform rating, Baird initiated coverage on AvidXchange Holdings Inc (NASDAQ:AVDX). The price target seems to have been set at $16.00 for AvidXchange Holdings. The current stock performance of AvidXchange Holdings shows a 52-week-high of $27.43 and a 52-week-low of $6.50. Moreover, at the end of the last trading period, the closing price was at $8.88.

See all analyst ratings initiations.

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