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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For March 29, 2022

Upgrades

According to OTR Global, the prior rating for Illumina Inc (NASDAQ:ILMN) was changed from Mixed to Positive. For the fourth quarter, Illumina had an EPS of $0.75, compared to year-ago quarter EPS of $1.22. At the moment, the stock has a 52-week-high of $526.00 and a 52-week-low of $302.79. Illumina closed at $347.08 at the end of the last trading period.

Sidoti & Co. upgraded the previous rating for AAON Inc (NASDAQ:AAON) from Neutral to Buy. In the fourth quarter, AAON showed an EPS of $0.18, compared to $0.35 from the year-ago quarter. At the moment, the stock has a 52-week-high of $83.79 and a 52-week-low of $51.18. AAON closed at $52.18 at the end of the last trading period.

For Powell Industries Inc (NASDAQ:POWL), Sidoti & Co. upgraded the previous rating of Neutral to Buy. Powell Industries earned $0.24 in the first quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $37.28 and a 52-week-low of $19.94. At the end of the last trading period, Powell Industries closed at $20.06.

According to Argus Research, the prior rating for AutoZone Inc (NYSE:AZO) was changed from Hold to Buy. In the second quarter, AutoZone showed an EPS of $22.30, compared to $14.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $2110.00 and a 52-week-low of $1367.96. AutoZone closed at $2019.54 at the end of the last trading period.

According to Keefe, Bruyette & Woods, the prior rating for Customers Bancorp Inc (NYSE:CUBI) was changed from Market Perform to Outperform. In the fourth quarter, Customers Bancorp showed an EPS of $2.92, compared to $1.65 from the year-ago quarter. The current stock performance of Customers Bancorp shows a 52-week-high of $76.13 and a 52-week-low of $29.17. Moreover, at the end of the last trading period, the closing price was at $52.28.

According to Barclays, the prior rating for Fortinet Inc (NASDAQ:FTNT) was changed from Equal-Weight to Overweight. Fortinet earned $1.23 in the fourth quarter, compared to $1.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $371.77 and a 52-week-low of $170.38. Fortinet closed at $338.53 at the end of the last trading period.

According to Compass Point, the prior rating for Randolph Bancorp Inc (NASDAQ:RNDB) was changed from Neutral to Buy. Randolph Bancorp earned $0.17 in the fourth quarter, compared to $1.06 in the year-ago quarter. The current stock performance of Randolph Bancorp shows a 52-week-high of $27.40 and a 52-week-low of $18.18. Moreover, at the end of the last trading period, the closing price was at $21.18.

According to Stifel, the prior rating for Hoegh LNG Partners LP (NYSE:HMLP) was changed from Hold to Buy. For the fourth quarter, Hoegh LNG Partners had an EPS of $0.37, compared to year-ago quarter EPS of $0.46. At the moment, the stock has a 52-week-high of $18.17 and a 52-week-low of $3.77. Hoegh LNG Partners closed at $6.63 at the end of the last trading period.

According to UBS, the prior rating for SiteOne Landscape Supply Inc (NYSE:SITE) was changed from Sell to Neutral. In the fourth quarter, SiteOne Landscape Supply showed an EPS of $0.60, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $260.00 and a 52-week-low of $150.00. At the end of the last trading period, SiteOne Landscape Supply closed at $164.25.

See all analyst ratings upgrades.

Downgrades

According to B of A Securities, the prior rating for NeoGenomics Inc (NASDAQ:NEO) was changed from Buy to Neutral. In the fourth quarter, NeoGenomics showed an EPS of $0.14, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $54.74 and a 52-week-low of $13.90. NeoGenomics closed at $17.79 at the end of the last trading period.

According to JP Morgan, the prior rating for Plantronics Inc (NYSE:POLY) was changed from Overweight to Neutral. In the third quarter, Plantronics showed an EPS of $0.57, compared to $1.47 from the year-ago quarter. At the moment, the stock has a 52-week-high of $43.40 and a 52-week-low of $22.69. Plantronics closed at $39.99 at the end of the last trading period.

Goldman Sachs downgraded the previous rating for Reynolds Consumer Products Inc (NASDAQ:REYN) from Buy to Sell. Reynolds Consumer earned $0.51 in the fourth quarter, compared to $0.57 in the year-ago quarter. The stock has a 52-week-high of $32.29 and a 52-week-low of $26.50. At the end of the last trading period, Reynolds Consumer closed at $29.35.

Janney Montgomery Scott downgraded the previous rating for Randolph Bancorp Inc (NASDAQ:RNDB) from Buy to Neutral. In the fourth quarter, Randolph Bancorp showed an EPS of $0.17, compared to $1.06 from the year-ago quarter. The stock has a 52-week-high of $27.40 and a 52-week-low of $18.18. At the end of the last trading period, Randolph Bancorp closed at $21.18.

According to Deutsche Bank, the prior rating for CVS Health Corp (NYSE:CVS) was changed from Buy to Hold. For the fourth quarter, CVS Health had an EPS of $1.98, compared to year-ago quarter EPS of $1.30. The current stock performance of CVS Health shows a 52-week-high of $111.25 and a 52-week-low of $73.30. Moreover, at the end of the last trading period, the closing price was at $108.04.

According to Wedbush, the prior rating for Black Diamond Therapeutics Inc (NASDAQ:BDTX) was changed from Outperform to Neutral. Black Diamond Therapeutic earned $0.71 in the fourth quarter, compared to $0.63 in the year-ago quarter. The current stock performance of Black Diamond Therapeutic shows a 52-week-high of $29.02 and a 52-week-low of $2.60. Moreover, at the end of the last trading period, the closing price was at $2.76.

For NeoGenomics Inc (NASDAQ:NEO), Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, NeoGenomics had an EPS of $0.14, compared to year-ago quarter EPS of $0.14. The current stock performance of NeoGenomics shows a 52-week-high of $54.74 and a 52-week-low of $13.90. Moreover, at the end of the last trading period, the closing price was at $17.79.

For Anaplan Inc (NYSE:PLAN), Truist Securities downgraded the previous rating of Buy to Hold. In the fourth quarter, Anaplan showed an EPS of $0.11, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $70.25 and a 52-week-low of $39.92. Anaplan closed at $65.06 at the end of the last trading period.

For Aveanna Healthcare Holdings Inc (NASDAQ:AVAH), B of A Securities downgraded the previous rating of Buy to Neutral. At the moment, the stock has a 52-week-high of $13.00 and a 52-week-low of $4.03. Aveanna Healthcare Hldgs closed at $5.39 at the end of the last trading period.

According to Loop Capital, the prior rating for Etsy Inc (NASDAQ:ETSY) was changed from Buy to Hold. For the fourth quarter, Etsy had an EPS of $1.11, compared to year-ago quarter EPS of $1.08. The stock has a 52-week-high of $307.75 and a 52-week-low of $109.38. At the end of the last trading period, Etsy closed at $138.54.

According to JP Morgan, the prior rating for Barclays PLC (NYSE:BCS) was changed from Overweight to Neutral. For the fourth quarter, Barclays had an EPS of $0.36, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $12.20 and a 52-week-low of $7.88. Barclays closed at $8.09 at the end of the last trading period.

According to Raymond James, the prior rating for View Inc (NASDAQ:VIEW) was changed from Outperform to Market Perform. The stock has a 52-week-high of $9.89 and a 52-week-low of $1.25. At the end of the last trading period, View closed at $2.14.

According to Morgan Stanley, the prior rating for NortonLifeLock Inc (NASDAQ:NLOK) was changed from Overweight to Equal-Weight. NortonLifeLock earned $0.44 in the third quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $30.91 and a 52-week-low of $20.69. At the end of the last trading period, NortonLifeLock closed at $28.18.

For Pinterest Inc (NYSE:PINS), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Pinterest had an EPS of $0.49, compared to year-ago quarter EPS of $0.43. The current stock performance of Pinterest shows a 52-week-high of $88.83 and a 52-week-low of $21.92. Moreover, at the end of the last trading period, the closing price was at $26.45.

According to Credit Suisse, the prior rating for The RealReal Inc (NASDAQ:REAL) was changed from Outperform to Neutral. In the fourth quarter, The RealReal showed an EPS of $0.42, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $25.91 and a 52-week-low of $5.78. The RealReal closed at $7.85 at the end of the last trading period.

For RBB Bancorp (NASDAQ:RBB), Piper Sandler downgraded the previous rating of Neutral to Underweight. For the fourth quarter, RBB Bancorp had an EPS of $0.79, compared to year-ago quarter EPS of $0.56. At the moment, the stock has a 52-week-high of $29.09 and a 52-week-low of $19.06. RBB Bancorp closed at $25.01 at the end of the last trading period.

For Trean Insurance Group Inc (NASDAQ:TIG), JP Morgan downgraded the previous rating of Overweight to Neutral. In the fourth quarter, Trean Insurance Group showed an EPS of $0.04, compared to $0.22 from the year-ago quarter. The current stock performance of Trean Insurance Group shows a 52-week-high of $18.45 and a 52-week-low of $3.19. Moreover, at the end of the last trading period, the closing price was at $4.69.

JP Morgan downgraded the previous rating for Bright Health Group Inc (NYSE:BHG) from Overweight to Neutral. The current stock performance of Bright Health Gr shows a 52-week-high of $17.93 and a 52-week-low of $1.73. Moreover, at the end of the last trading period, the closing price was at $2.00.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Johnson Rice initiated coverage on Stabilis Solutions Inc (NASDAQ:SLNG). The price target seems to have been set at $8.00 for Stabilis Solutions. At the moment, the stock has a 52-week-high of $10.47 and a 52-week-low of $2.98. Stabilis Solutions closed at $5.10 at the end of the last trading period.

With an Outperform rating, SMBC Nikko initiated coverage on Wolfspeed Inc (NYSE:WOLF). The price target seems to have been set at $140.00 for Wolfspeed. In the second quarter, Wolfspeed showed an EPS of $0.16, compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $142.33 and a 52-week-low of $75.06. At the end of the last trading period, Wolfspeed closed at $116.36.

Wells Fargo initiated coverage on HCA Healthcare Inc (NYSE:HCA) with a Equal-Weight rating. The price target for HCA Healthcare is set to $267.00. In the fourth quarter, HCA Healthcare showed an EPS of $4.42, compared to $4.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $272.26 and a 52-week-low of $185.21. HCA Healthcare closed at $264.41 at the end of the last trading period.

SMBC Nikko initiated coverage on QuantumScape Corp (NYSE:QS) with a Neutral rating. The price target for QuantumScape is set to $20.00. For the fourth quarter, QuantumScape had an EPS of $0.16, compared to year-ago quarter EPS of $2.41. At the moment, the stock has a 52-week-high of $53.20 and a 52-week-low of $13.21. QuantumScape closed at $18.48 at the end of the last trading period.

With a Neutral rating, SMBC Nikko initiated coverage on Luminar Technologies Inc (NASDAQ:LAZR). The price target seems to have been set at $16.00 for Luminar Technologies. In the fourth quarter, Luminar Technologies showed an EPS of $0.12, compared to $0.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $26.39 and a 52-week-low of $11.45. Luminar Technologies closed at $14.82 at the end of the last trading period.

B of A Securities initiated coverage on The Beachbody Co Inc (NYSE:BODY) with a Neutral rating. The price target for Beachbody Co is set to $2.40. The current stock performance of Beachbody Co shows a 52-week-high of $13.50 and a 52-week-low of $1.50. Moreover, at the end of the last trading period, the closing price was at $2.09.

With a Hold rating, Truist Securities initiated coverage on Nextdoor Holdings Inc (NYSE:KIND). The price target seems to have been set at $7.00 for Nextdoor Holdings. The stock has a 52-week-high of $18.59 and a 52-week-low of $4.86. At the end of the last trading period, Nextdoor Holdings closed at $6.23.

Deutsche Bank initiated coverage on Bright Horizons Family Solutions Inc (NYSE:BFAM) with a Hold rating. The price target for Bright Horizons Family is set to $114.00. In the fourth quarter, Bright Horizons Family showed an EPS of $0.65, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $182.50 and a 52-week-low of $113.41. Bright Horizons Family closed at $134.70 at the end of the last trading period.

Stephens & Co. initiated coverage on Provident Bancorp Inc (NASDAQ:PVBC) with an Overweight rating. The price target for Provident Bancorp is set to $20.00. Provident Bancorp earned $0.21 in the fourth quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $20.14 and a 52-week-low of $14.14. Provident Bancorp closed at $15.59 at the end of the last trading period.

Truist Securities initiated coverage on Enviva Inc (NYSE:EVA) with a Buy rating. The price target for Enviva is set to $100.00. Enviva earned $0.23 in the fourth quarter, compared to $0.28 in the year-ago quarter. The current stock performance of Enviva shows a 52-week-high of $81.68 and a 52-week-low of $46.93. Moreover, at the end of the last trading period, the closing price was at $74.43.

HC Wainwright & Co. initiated coverage on Gain Therapeutics Inc (NASDAQ:GANX) with a Buy rating. The price target for Gain Therapeutics is set to $12.00. At the moment, the stock has a 52-week-high of $17.93 and a 52-week-low of $2.98. Gain Therapeutics closed at $3.96 at the end of the last trading period.

With a Buy rating, HC Wainwright & Co. initiated coverage on Nemaura Medical Inc (NASDAQ:NMRD). The price target seems to have been set at $12.00 for Nemaura Medical. For the third quarter, Nemaura Medical had an EPS of $0.15, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $17.40 and a 52-week-low of $3.51. At the end of the last trading period, Nemaura Medical closed at $4.08.

Mizuho initiated coverage on Procore Technologies Inc (NYSE:PCOR) with a Buy rating. The price target for Procore Technologies is set to $75.00. The stock has a 52-week-high of $108.75 and a 52-week-low of $48.50. At the end of the last trading period, Procore Technologies closed at $58.84.

With a Neutral rating, Mizuho initiated coverage on Ansys Inc (NASDAQ:ANSS). The price target seems to have been set at $310.00 for Ansys. In the fourth quarter, Ansys showed an EPS of $2.81, compared to $2.96 from the year-ago quarter. The stock has a 52-week-high of $413.89 and a 52-week-low of $258.00. At the end of the last trading period, Ansys closed at $318.40.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Customers Bancorp Inc (NYSE:CUBI). The price target seems to have been set at $62.50 for Customers Bancorp. For the fourth quarter, Customers Bancorp had an EPS of $2.92, compared to year-ago quarter EPS of $1.65. The stock has a 52-week-high of $76.13 and a 52-week-low of $29.17. At the end of the last trading period, Customers Bancorp closed at $52.28.

With an Overweight rating, Stephens & Co. initiated coverage on Peoples Financial Services Corp (NASDAQ:PFIS). The price target seems to have been set at $57.00 for Peoples Financial Servs. Peoples Financial Servs earned $0.95 in the fourth quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $55.00 and a 52-week-low of $38.67. At the end of the last trading period, Peoples Financial Servs closed at $51.40.

Wells Fargo initiated coverage on Community Health Systems Inc (NYSE:CYH) with a Equal-Weight rating. The price target for Community Health Systems is set to $12.00. Community Health Systems earned $1.15 in the fourth quarter, compared to $0.96 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.04 and a 52-week-low of $9.21. Community Health Systems closed at $12.24 at the end of the last trading period.

Wells Fargo initiated coverage on Universal Health Services Inc (NYSE:UHS) with an Underweight rating. The price target for Universal Health Services is set to $139.00. Universal Health Services earned $2.95 in the fourth quarter, compared to $3.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $165.00 and a 52-week-low of $116.23. Universal Health Services closed at $149.36 at the end of the last trading period.

Wells Fargo initiated coverage on Tenet Healthcare Corp (NYSE:THC) with an Overweight rating. The price target for Tenet Healthcare is set to $100.00. Tenet Healthcare earned $2.70 in the fourth quarter, compared to $4.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $91.89 and a 52-week-low of $49.37. Tenet Healthcare closed at $90.54 at the end of the last trading period.

See all analyst ratings initiations.

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