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Benzinga
Benzinga
Business
Benzinga Insights

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

Upgrades

For Crocs Inc (NASDAQ:CROX), Loop Capital upgraded the previous rating of Hold to Buy. For the first quarter, Crocs had an EPS of $2.05, compared to year-ago quarter EPS of $1.49. At the moment, the stock has a 52-week-high of $183.88 and a 52-week-low of $46.08. Crocs closed at $47.95 at the end of the last trading period.

According to Macquarie, the prior rating for Live Nation Entertainment Inc (NYSE:LYV) was changed from Neutral to Outperform. Live Nation Entertainment earned $0.39 in the first quarter, compared to $1.44 in the year-ago quarter. The stock has a 52-week-high of $127.75 and a 52-week-low of $74.23. At the end of the last trading period, Live Nation Entertainment closed at $83.06.

According to Wells Fargo, the prior rating for Excelerate Energy Inc (NYSE:EE) was changed from Equal-Weight to Overweight. The stock has a 52-week-high of $30.82 and a 52-week-low of $18.40. At the end of the last trading period, Excelerate Energy closed at $19.16.

For Antero Resources Corp (NYSE:AR), Truist Securities upgraded the previous rating of Hold to Buy. Antero Resources earned $1.15 in the first quarter, compared to $0.62 in the year-ago quarter. The stock has a 52-week-high of $48.80 and a 52-week-low of $10.91. At the end of the last trading period, Antero Resources closed at $30.74.

See all analyst ratings upgrades.

Downgrades

According to Fox Advisors, the prior rating for Micron Technology Inc (NASDAQ:MU) was changed from Overweight to Equal-Weight. For the third quarter, Micron Technology had an EPS of $2.59, compared to year-ago quarter EPS of $1.88. The current stock performance of Micron Technology shows a 52-week-high of $98.45 and a 52-week-low of $51.40. Moreover, at the end of the last trading period, the closing price was at $53.65.

For PerkinElmer Inc (NYSE:PKI), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. For the first quarter, PerkinElmer had an EPS of $2.41, compared to year-ago quarter EPS of $3.72. The current stock performance of PerkinElmer shows a 52-week-high of $203.16 and a 52-week-low of $132.78. Moreover, at the end of the last trading period, the closing price was at $144.07.

For NovoCure Ltd (NASDAQ:NVCR), Evercore ISI Group downgraded the previous rating of In-Line to Underperform. In the first quarter, NovoCure showed an EPS of $0.04, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $207.47 and a 52-week-low of $56.39. NovoCure closed at $73.30 at the end of the last trading period.

According to Evercore ISI Group, the prior rating for HP Inc (NYSE:HPQ) was changed from Outperform to In-Line. HP earned $1.08 in the second quarter, compared to $0.93 in the year-ago quarter. At the moment, the stock has a 52-week-high of $41.47 and a 52-week-low of $26.11. HP closed at $31.87 at the end of the last trading period.

Truist Securities downgraded the previous rating for Aveanna Healthcare Holdings Inc (NASDAQ:AVAH) from Buy to Hold. Aveanna Healthcare Hldgs earned $0.04 in the first quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $12.54 and a 52-week-low of $2.09. At the end of the last trading period, Aveanna Healthcare Hldgs closed at $2.37.

According to Morgan Stanley, the prior rating for Talaris Therapeutics Inc (NASDAQ:TALS) was changed from Overweight to Equal-Weight. Talaris Therapeutics earned $0.45 in the first quarter, compared to $1.30 in the year-ago quarter. The stock has a 52-week-high of $17.48 and a 52-week-low of $2.04. At the end of the last trading period, Talaris Therapeutics closed at $2.30.

For Zenvia Inc (NASDAQ:ZENV), Goldman Sachs downgraded the previous rating of Buy to Neutral. At the moment, the stock has a 52-week-high of $20.02 and a 52-week-low of $1.84. Zenvia closed at $2.15 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, Roth Capital initiated coverage on Monster Beverage Corp (NASDAQ:MNST). The price target seems to have been set at $100.00 for Monster Beverage. Monster Beverage earned $0.55 in the first quarter, compared to $0.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $99.89 and a 52-week-low of $71.78. Monster Beverage closed at $94.59 at the end of the last trading period.

For SAP SE (NYSE:SAP), Berenberg initiated coverage, by setting the current rating at Buy. For the first quarter, SAP had an EPS of $1.12, compared to year-ago quarter EPS of $1.69. At the moment, the stock has a 52-week-high of $151.48 and a 52-week-low of $88.96. SAP closed at $90.70 at the end of the last trading period.

With an Outperform rating, Raymond James initiated coverage on Symbotic Inc (NASDAQ:SYM). The price target seems to have been set at $18.00 for Symbotic. At the moment, the stock has a 52-week-high of $28.48 and a 52-week-low of $9.12. Symbotic closed at $11.89 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on Sinovac Biotech Ltd (NASDAQ:SVA) with a Buy rating. The price target for Sinovac Biotech is set to $6.00. None

With a Buy rating, Needham initiated coverage on Symbotic Inc (NASDAQ:SYM). The price target seems to have been set at $18.00 for Symbotic. At the moment, the stock has a 52-week-high of $28.48 and a 52-week-low of $9.12. Symbotic closed at $11.89 at the end of the last trading period.

JP Morgan initiated coverage on Teradyne Inc (NASDAQ:TER) with a Neutral rating. The price target for Teradyne is set to $120.00. Teradyne earned $0.98 in the first quarter, compared to $1.11 in the year-ago quarter. The current stock performance of Teradyne shows a 52-week-high of $168.91 and a 52-week-low of $84.22. Moreover, at the end of the last trading period, the closing price was at $85.80.

See all analyst ratings initiations.

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