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Benzinga
Benzinga
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Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For April 7, 2022

Upgrades

According to Wolfe Research, the prior rating for Cullen/Frost Bankers Inc (NYSE:CFR) was changed from Underperform to Outperform. For the fourth quarter, Cullen/Frost Bankers had an EPS of $1.54, compared to year-ago quarter EPS of $1.38. At the moment, the stock has a 52-week-high of $147.39 and a 52-week-low of $100.35. Cullen/Frost Bankers closed at $138.63 at the end of the last trading period.

According to Guggenheim, the prior rating for Array Technologies Inc (NASDAQ:ARRY) was changed from Neutral to Buy. In the fourth quarter, Array Technologies showed an EPS of $0.06, compared to $0.08 from the year-ago quarter. The current stock performance of Array Technologies shows a 52-week-high of $31.00 and a 52-week-low of $8.02. Moreover, at the end of the last trading period, the closing price was at $11.03.

According to Citigroup, the prior rating for Mission Produce Inc (NASDAQ:AVO) was changed from Neutral to Buy. In the first quarter, Mission Produce showed an EPS of $0.17, compared to $0.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.93 and a 52-week-low of $11.04. Mission Produce closed at $12.33 at the end of the last trading period.

For Calix Inc (NYSE:CALX), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. Calix earned $0.26 in the fourth quarter, compared to $0.45 in the year-ago quarter. The current stock performance of Calix shows a 52-week-high of $80.95 and a 52-week-low of $36.22. Moreover, at the end of the last trading period, the closing price was at $37.80.

According to RBC Capital, the prior rating for Spectrum Brands Holdings Inc (NYSE:SPB) was changed from Sector Perform to Outperform. In the first quarter, Spectrum Brands Holdings showed an EPS of $0.06, compared to $2.13 from the year-ago quarter. The stock has a 52-week-high of $107.22 and a 52-week-low of $75.66. At the end of the last trading period, Spectrum Brands Holdings closed at $86.68.

For Berry Corp (bry) (NASDAQ:BRY), Piper Sandler upgraded the previous rating of Neutral to Overweight. In the fourth quarter, Berry (bry) showed an EPS of $0.12, compared to $0.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.54 and a 52-week-low of $4.72. Berry (bry) closed at $10.65 at the end of the last trading period.

JMP Securities upgraded the previous rating for LPL Financial Holdings Inc (NASDAQ:LPLA) from Market Perform to Market Outperform. LPL Finl Hldgs earned $1.63 in the fourth quarter, compared to $1.53 in the year-ago quarter. The stock has a 52-week-high of $196.28 and a 52-week-low of $127.03. At the end of the last trading period, LPL Finl Hldgs closed at $184.34.

For Murphy Oil Corp (NYSE:MUR), Piper Sandler upgraded the previous rating of Neutral to Overweight. Murphy Oil earned $0.40 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $43.20 and a 52-week-low of $14.91. Murphy Oil closed at $40.52 at the end of the last trading period.

For Laredo Petroleum Inc (NYSE:LPI), Piper Sandler upgraded the previous rating of Neutral to Overweight. For the fourth quarter, Laredo Petroleum had an EPS of $3.39, compared to year-ago quarter EPS of $3.22. The current stock performance of Laredo Petroleum shows a 52-week-high of $99.26 and a 52-week-low of $32.52. Moreover, at the end of the last trading period, the closing price was at $78.48.

Berenberg upgraded the previous rating for YETI Holdings Inc (NYSE:YETI) from Hold to Buy. In the fourth quarter, YETI Holdings showed an EPS of $0.87, compared to $0.74 from the year-ago quarter. The stock has a 52-week-high of $108.82 and a 52-week-low of $54.00. At the end of the last trading period, YETI Holdings closed at $54.96.

Wolfe Research upgraded the previous rating for PJT Partners Inc (NYSE:PJT) from Peer Perform to Outperform. PJT Partners earned $1.52 in the fourth quarter, compared to $1.81 in the year-ago quarter. The stock has a 52-week-high of $89.50 and a 52-week-low of $54.48. At the end of the last trading period, PJT Partners closed at $62.15.

For Centennial Resource Development Inc (NASDAQ:CDEV), Piper Sandler upgraded the previous rating of Neutral to Overweight. In the fourth quarter, Centennial Resource Dev showed an EPS of $0.51, compared to $0.32 from the year-ago quarter. The current stock performance of Centennial Resource Dev shows a 52-week-high of $9.30 and a 52-week-low of $3.69. Moreover, at the end of the last trading period, the closing price was at $8.51.

For Sylvamo Corp (NYSE:SLVM), RBC Capital upgraded the previous rating of Sector Perform to Outperform. For the fourth quarter, Sylvamo had an EPS of $1.71, compared to year-ago quarter EPS of $2.27. The stock has a 52-week-high of $40.04 and a 52-week-low of $23.10. At the end of the last trading period, Sylvamo closed at $34.09.

JP Morgan upgraded the previous rating for AutoNation Inc (NYSE:AN) from Neutral to Overweight. In the fourth quarter, AutoNation showed an EPS of $5.76, compared to $2.43 from the year-ago quarter. The current stock performance of AutoNation shows a 52-week-high of $133.48 and a 52-week-low of $88.32. Moreover, at the end of the last trading period, the closing price was at $97.79.

According to Oppenheimer, the prior rating for Zeta Global Holdings Corp (NYSE:ZETA) was changed from Perform to Outperform. At the moment, the stock has a 52-week-high of $13.09 and a 52-week-low of $5.27. Zeta Global Holdings closed at $12.10 at the end of the last trading period.

JP Morgan upgraded the previous rating for Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) from Neutral to Overweight. For the fourth quarter, Aerojet Rocketdyne Hldgs had an EPS of $0.43, compared to year-ago quarter EPS of $0.47. The current stock performance of Aerojet Rocketdyne Hldgs shows a 52-week-high of $49.84 and a 52-week-low of $35.47. Moreover, at the end of the last trading period, the closing price was at $40.04.

According to Evercore ISI Group, the prior rating for Coupa Software Inc (NASDAQ:COUP) was changed from In-Line to Outperform. In the fourth quarter, Coupa Software showed an EPS of $0.19, compared to $0.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $283.38 and a 52-week-low of $64.79. Coupa Software closed at $102.28 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Fermium Research downgraded the previous rating for RPM International Inc (NYSE:RPM) from Buy to Hold. In the third quarter, RPM International showed an EPS of $0.38, compared to $0.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $101.48 and a 52-week-low of $75.11. RPM International closed at $87.16 at the end of the last trading period.

For Telefonica Brasil SA (NYSE:VIV), Scotiabank downgraded the previous rating of Sector Outperform to Sector Perform. For the fourth quarter, Telefonica Brasil had an EPS of $0.28, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $11.78 and a 52-week-low of $7.62. At the end of the last trading period, Telefonica Brasil closed at $11.66.

Scotiabank downgraded the previous rating for Waste Connections Inc (NYSE:WCN) from Sector Outperform to Sector Perform. For the fourth quarter, Waste Connections had an EPS of $0.83, compared to year-ago quarter EPS of $0.68. At the moment, the stock has a 52-week-high of $142.76 and a 52-week-low of $109.82. Waste Connections closed at $141.75 at the end of the last trading period.

For CMC Materials Inc (NASDAQ:CCMP), CL King downgraded the previous rating of Buy to Neutral. For the first quarter, CMC Materials had an EPS of $2.06, compared to year-ago quarter EPS of $1.92. The stock has a 52-week-high of $198.60 and a 52-week-low of $119.19. At the end of the last trading period, CMC Materials closed at $177.21.

According to Piper Sandler, the prior rating for TotalEnergies SE (NYSE:TTE) was changed from Overweight to Neutral. In the fourth quarter, TotalEnergies showed an EPS of $2.55, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $60.03 and a 52-week-low of $40.33. At the end of the last trading period, TotalEnergies closed at $49.49.

Deutsche Bank downgraded the previous rating for Rite Aid Corp (NYSE:RAD) from Hold to Sell. In the third quarter, Rite Aid showed an EPS of $0.15, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.02 and a 52-week-low of $8.11. Rite Aid closed at $8.44 at the end of the last trading period.

According to Nomura Instinet, the prior rating for Himax Technologies Inc (NASDAQ:HIMX) was changed from Buy to Neutral. In the fourth quarter, Himax Technologies showed an EPS of $0.85, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $17.30 and a 52-week-low of $9.48. Himax Technologies closed at $10.42 at the end of the last trading period.

For Houlihan Lokey Inc (NYSE:HLI), Piper Sandler downgraded the previous rating of Neutral to Underweight. Houlihan Lokey earned $2.90 in the third quarter, compared to $1.77 in the year-ago quarter. The stock has a 52-week-high of $122.62 and a 52-week-low of $65.03. At the end of the last trading period, Houlihan Lokey closed at $84.34.

According to Wolfe Research, the prior rating for Prosperity Bancshares Inc (NYSE:PB) was changed from Peer Perform to Underperform. For the fourth quarter, Prosperity Bancshares had an EPS of $1.38, compared to year-ago quarter EPS of $1.48. The stock has a 52-week-high of $80.46 and a 52-week-low of $64.40. At the end of the last trading period, Prosperity Bancshares closed at $67.90.

According to Wolfe Research, the prior rating for Regions Financial Corp (NYSE:RF) was changed from Outperform to Peer Perform. Regions Financial earned $0.44 in the fourth quarter, compared to $0.61 in the year-ago quarter. The stock has a 52-week-high of $25.57 and a 52-week-low of $18.02. At the end of the last trading period, Regions Financial closed at $20.82.

For Fifth Third Bancorp (NASDAQ:FITB), Wolfe Research downgraded the previous rating of Outperform to Peer Perform. Fifth Third Bancorp earned $0.90 in the fourth quarter, compared to $0.88 in the year-ago quarter. The stock has a 52-week-high of $50.64 and a 52-week-low of $34.35. At the end of the last trading period, Fifth Third Bancorp closed at $40.98.

Wolfe Research downgraded the previous rating for Lazard Ltd (NYSE:LAZ) from Peer Perform to Underperform. For the fourth quarter, Lazard had an EPS of $1.92, compared to year-ago quarter EPS of $1.66. At the moment, the stock has a 52-week-high of $53.00 and a 52-week-low of $31.64. Lazard closed at $34.14 at the end of the last trading period.

Wells Fargo downgraded the previous rating for Wayfair Inc (NYSE:W) from Equal-Weight to Underweight. Wayfair earned $0.92 in the fourth quarter, compared to $1.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $343.80 and a 52-week-low of $100.57. Wayfair closed at $106.95 at the end of the last trading period.

For Blackstone Inc (NYSE:BX), Exane BNP Paribas downgraded the previous rating of Outperform to Neutral. Blackstone earned $1.71 in the fourth quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $149.78 and a 52-week-low of $74.29. At the end of the last trading period, Blackstone closed at $118.24.

Barclays downgraded the previous rating for Ford Motor Co (NYSE:F) from Overweight to Equal-Weight. Ford Motor earned $0.26 in the fourth quarter, compared to $0.34 in the year-ago quarter. The stock has a 52-week-high of $25.87 and a 52-week-low of $11.14. At the end of the last trading period, Ford Motor closed at $15.39.

For Dana Inc (NYSE:DAN), Barclays downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Dana had an EPS of $0.00, compared to year-ago quarter EPS of $0.24. At the moment, the stock has a 52-week-high of $28.44 and a 52-week-low of $14.59. Dana closed at $16.03 at the end of the last trading period.

According to Piper Sandler, the prior rating for Vapotherm Inc (NYSE:VAPO) was changed from Overweight to Underweight. For the fourth quarter, Vapotherm had an EPS of $0.69, compared to year-ago quarter EPS of $0.51. The current stock performance of Vapotherm shows a 52-week-high of $31.87 and a 52-week-low of $12.25. Moreover, at the end of the last trading period, the closing price was at $12.93.

According to Piper Sandler, the prior rating for Washington Trust Bancorp Inc (NASDAQ:WASH) was changed from Overweight to Neutral. Washington Trust Bancorp earned $1.15 in the fourth quarter, compared to $1.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $60.96 and a 52-week-low of $46.35. Washington Trust Bancorp closed at $51.02 at the end of the last trading period.

RBC Capital downgraded the previous rating for Rayonier Advanced Materials Inc (NYSE:RYAM) from Outperform to Sector Perform. In the fourth quarter, Rayonier Adv Materials showed an EPS of $0.37, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of $9.98 and a 52-week-low of $4.55. At the end of the last trading period, Rayonier Adv Materials closed at $5.87.

According to JP Morgan, the prior rating for Group 1 Automotive Inc (NYSE:GPI) was changed from Overweight to Neutral. In the fourth quarter, Group 1 Automotive showed an EPS of $9.54, compared to $5.66 from the year-ago quarter. The stock has a 52-week-high of $212.23 and a 52-week-low of $143.00. At the end of the last trading period, Group 1 Automotive closed at $156.91.

For Southern Co (NYSE:SO), Keybanc downgraded the previous rating of Overweight to Sector Weight. In the fourth quarter, Southern showed an EPS of $0.36, compared to $0.47 from the year-ago quarter. The current stock performance of Southern shows a 52-week-high of $76.53 and a 52-week-low of $60.12. Moreover, at the end of the last trading period, the closing price was at $76.51.

For CMS Energy Corp (NYSE:CMS), Keybanc downgraded the previous rating of Overweight to Sector Weight. For the fourth quarter, CMS Energy had an EPS of $0.47, compared to year-ago quarter EPS of $0.56. The stock has a 52-week-high of $73.64 and a 52-week-low of $57.92. At the end of the last trading period, CMS Energy closed at $73.56.

See all analyst ratings downgrades.

Initiations

With an Overweight rating, Piper Sandler initiated coverage on Unity Bancorp Inc (NASDAQ:UNTY). The price target seems to have been set at $33.00 for Unity Bancorp. Unity Bancorp earned $0.92 in the fourth quarter, compared to $0.69 in the year-ago quarter. The current stock performance of Unity Bancorp shows a 52-week-high of $31.37 and a 52-week-low of $20.32. Moreover, at the end of the last trading period, the closing price was at $27.25.

EF Hutton initiated coverage on CEL-SCI Corp (AMEX:CVM) with a Buy rating. The price target for CEL-SCI is set to $17.00. For the first quarter, CEL-SCI had an EPS of $0.20, compared to year-ago quarter EPS of $0.21. The stock has a 52-week-high of $27.86 and a 52-week-low of $3.63. At the end of the last trading period, CEL-SCI closed at $3.79.

With a Neutral rating, Cantor Fitzgerald initiated coverage on Inspirato Incorporated (NASDAQ:ISPO). The price target seems to have been set at $9.00 for Inspirato. The current stock performance of Inspirato shows a 52-week-high of $108.00 and a 52-week-low of $7.70. Moreover, at the end of the last trading period, the closing price was at $8.17.

With a Buy rating, Citigroup initiated coverage on Unity Software Inc (NYSE:U). The price target seems to have been set at $125.00 for Unity Software. Unity Software earned $0.05 in the fourth quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $210.00 and a 52-week-low of $73.12. Unity Software closed at $93.89 at the end of the last trading period.

With a Buy rating, Citigroup initiated coverage on Roblox Corp (NYSE:RBLX). The price target seems to have been set at $59.00 for Roblox. In the fourth quarter, Roblox showed an EPS of $0.25, compared to $0.30 from the year-ago quarter. The current stock performance of Roblox shows a 52-week-high of $141.60 and a 52-week-low of $36.04. Moreover, at the end of the last trading period, the closing price was at $45.89.

Truist Securities initiated coverage on FIGS Inc (NYSE:FIGS) with a Buy rating. The price target for FIGS is set to $32.00. At the moment, the stock has a 52-week-high of $50.40 and a 52-week-low of $13.04. FIGS closed at $22.57 at the end of the last trading period.

With a Buy rating, Truist Securities initiated coverage on Oxford Industries Inc (NYSE:OXM). The price target seems to have been set at $126.00 for Oxford Industries. In the fourth quarter, Oxford Industries showed an EPS of $1.68, compared to $0.13 from the year-ago quarter. The current stock performance of Oxford Industries shows a 52-week-high of $114.47 and a 52-week-low of $76.21. Moreover, at the end of the last trading period, the closing price was at $87.88.

With an Overweight rating, Wells Fargo initiated coverage on Frontier Communications Parent Inc (NASDAQ:FYBR). The price target seems to have been set at $37.00 for Frontier Communications. The stock has a 52-week-high of $35.15 and a 52-week-low of $23.24. At the end of the last trading period, Frontier Communications closed at $28.99.

Stephens & Co. initiated coverage on Charles River Laboratories International Inc (NYSE:CRL) with an Overweight rating. The price target for Charles River is set to $377.00. Charles River earned $2.49 in the fourth quarter, compared to $2.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $460.21 and a 52-week-low of $251.30. Charles River closed at $286.02 at the end of the last trading period.

With a Equal-Weight rating, Wells Fargo initiated coverage on Synaptics Inc (NASDAQ:SYNA). The price target seems to have been set at $185.00 for Synaptics. In the second quarter, Synaptics showed an EPS of $3.26, compared to $2.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $299.39 and a 52-week-low of $114.05. Synaptics closed at $170.41 at the end of the last trading period.

With a Equal-Weight rating, Morgan Stanley initiated coverage on Altus Power Inc (NYSE:AMPS). The price target seems to have been set at $10.50 for Altus Power. Altus Power earned $0.07 in the fourth quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $11.35 and a 52-week-low of $6.25. At the end of the last trading period, Altus Power closed at $7.45.

With an Outperform rating, Baird initiated coverage on Ambrx Biopharma Inc (NYSE:AMAM). The price target seems to have been set at $16.00 for Ambrx Biopharma. NoneAt the moment, the stock has a 52-week-high of $22.87 and a 52-week-low of $3.95. Ambrx Biopharma closed at $4.09 at the end of the last trading period.

With a Buy rating, Guggenheim initiated coverage on GoodRx Holdings Inc (NASDAQ:GDRX). The price target seems to have been set at $24.00 for GoodRx Holdings. In the fourth quarter, GoodRx Holdings showed an EPS of $0.09, compared to $0.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $48.05 and a 52-week-low of $13.44. GoodRx Holdings closed at $18.72 at the end of the last trading period.

Guggenheim initiated coverage on Teladoc Health Inc (NYSE:TDOC) with a Buy rating. The price target for Teladoc Health is set to $96.00. In the fourth quarter, Teladoc Health showed an EPS of $0.07, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $194.99 and a 52-week-low of $50.08. At the end of the last trading period, Teladoc Health closed at $67.70.

Guggenheim initiated coverage on HealthEquity Inc (NASDAQ:HQY) with a Buy rating. The price target for HealthEquity is set to $89.00. HealthEquity earned $0.20 in the fourth quarter, compared to $0.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $84.78 and a 52-week-low of $36.80. HealthEquity closed at $67.50 at the end of the last trading period.

Guggenheim initiated coverage on Accolade Inc (NASDAQ:ACCD) with a Neutral rating. For the third quarter, Accolade had an EPS of $0.52, compared to year-ago quarter EPS of $0.32. The stock has a 52-week-high of $55.47 and a 52-week-low of $12.64. At the end of the last trading period, Accolade closed at $16.65.

With a Hold rating, Jefferies initiated coverage on Pinnacle Financial Partners Inc (NASDAQ:PNFP). The price target seems to have been set at $100.00 for Pinnacle Finl Partners. Pinnacle Finl Partners earned $1.70 in the fourth quarter, compared to $1.58 in the year-ago quarter. At the moment, the stock has a 52-week-high of $111.31 and a 52-week-low of $83.06. Pinnacle Finl Partners closed at $90.43 at the end of the last trading period.

Credit Suisse initiated coverage on Cyxtera Technologies Inc (NASDAQ:CYXT) with an Outperform rating. The price target for Cyxtera Technologies is set to $15.00. The current stock performance of Cyxtera Technologies shows a 52-week-high of $13.53 and a 52-week-low of $7.50. Moreover, at the end of the last trading period, the closing price was at $12.49.

See all analyst ratings initiations.

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