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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For May 11, 2022

Upgrades

According to Roth Capital, the prior rating for Hecla Mining Co (NYSE:HL) was changed from Neutral to Buy. In the first quarter, Hecla Mining showed an EPS of $0.01, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $9.44 and a 52-week-low of $4.28. At the end of the last trading period, Hecla Mining closed at $4.36.

According to Zelman, the prior rating for The AZEK Co Inc (NYSE:AZEK) was changed from Hold to Buy. For the second quarter, AZEK Co had an EPS of $0.33, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $50.65 and a 52-week-low of $17.00. AZEK Co closed at $17.33 at the end of the last trading period.

According to Maxim Group, the prior rating for Celsius Holdings Inc (NASDAQ:CELH) was changed from Hold to Buy. In the first quarter, Celsius Holdings showed an EPS of $0.09, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $110.22 and a 52-week-low of $38.31. At the end of the last trading period, Celsius Holdings closed at $41.31.

For Rackspace Technology Inc (NASDAQ:RXT), Raymond James upgraded the previous rating of Market Perform to Outperform. Rackspace Tech earned $0.22 in the first quarter, compared to $0.23 in the year-ago quarter. The stock has a 52-week-high of $24.16 and a 52-week-low of $7.28. At the end of the last trading period, Rackspace Tech closed at $8.63.

According to Raymond James, the prior rating for Construction Partners Inc (NASDAQ:ROAD) was changed from Outperform to Strong Buy. In the second quarter, Construction Partners showed an EPS of $0.18, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $44.99 and a 52-week-low of $19.51. At the end of the last trading period, Construction Partners closed at $19.87.

According to Deutsche Bank, the prior rating for Grocery Outlet Holding Corp (NASDAQ:GO) was changed from Hold to Buy. For the first quarter, Grocery Outlet Holding had an EPS of $0.22, compared to year-ago quarter EPS of $0.23. At the moment, the stock has a 52-week-high of $42.17 and a 52-week-low of $21.01. Grocery Outlet Holding closed at $31.07 at the end of the last trading period.

Stephens & Co. upgraded the previous rating for TriCo Bancshares (NASDAQ:TCBK) from Equal-Weight to Overweight. TriCo earned $0.67 in the first quarter, compared to $1.13 in the year-ago quarter. The current stock performance of TriCo shows a 52-week-high of $48.96 and a 52-week-low of $37.41. Moreover, at the end of the last trading period, the closing price was at $40.58.

According to Cowen & Co., the prior rating for HF Sinclair Corp (NYSE:DINO) was changed from Market Perform to Outperform. For the first quarter, HF Sinclair had an EPS of $0.99, compared to year-ago quarter EPS of $0.53. At the moment, the stock has a 52-week-high of $46.39 and a 52-week-low of $34.17. HF Sinclair closed at $43.78 at the end of the last trading period.

Baird upgraded the previous rating for Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) from Neutral to Outperform. In the second quarter, Arrowhead Pharmaceuticals showed an EPS of $0.41, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $93.66 and a 52-week-low of $32.24. At the end of the last trading period, Arrowhead Pharmaceuticals closed at $34.29.

Baird upgraded the previous rating for Arcturus Therapeutics Holdings Inc (NASDAQ:ARCT) from Underperform to Neutral. In the first quarter, Arcturus Therapeutics showed an EPS of $1.94, compared to $2.15 from the year-ago quarter. The stock has a 52-week-high of $65.00 and a 52-week-low of $15.71. At the end of the last trading period, Arcturus Therapeutics closed at $16.58.

For Peloton Interactive Inc (NASDAQ:PTON), JMP Securities upgraded the previous rating of Market Perform to Market Outperform. In the third quarter, Peloton Interactive showed an EPS of $1.15, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of $129.70 and a 52-week-low of $11.25. At the end of the last trading period, Peloton Interactive closed at $12.90.

JP Morgan upgraded the previous rating for Planet Fitness Inc (NYSE:PLNT) from Neutral to Overweight. In the first quarter, Planet Fitness showed an EPS of $0.32, compared to $0.10 from the year-ago quarter. The stock has a 52-week-high of $99.60 and a 52-week-low of $67.39. At the end of the last trading period, Planet Fitness closed at $67.77.

For Trex Co Inc (NYSE:TREX), Credit Suisse upgraded the previous rating of Underperform to Neutral. Trex Co earned $0.62 in the first quarter, compared to $0.42 in the year-ago quarter. The stock has a 52-week-high of $140.98 and a 52-week-low of $51.76. At the end of the last trading period, Trex Co closed at $58.63.

B. Riley Securities upgraded the previous rating for 8x8 Inc (NYSE:EGHT) from Neutral to Buy. 8x8 earned $0.05 in the fourth quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $28.93 and a 52-week-low of $7.51. At the end of the last trading period, 8x8 closed at $7.74.

According to William Blair, the prior rating for Novanta Inc (NASDAQ:NOVT) was changed from Market Perform to Outperform. Novanta earned $0.73 in the first quarter, compared to $0.58 in the year-ago quarter. At the moment, the stock has a 52-week-high of $184.44 and a 52-week-low of $114.31. Novanta closed at $120.30 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

UBS downgraded the previous rating for Hydrofarm Holdings Group Inc (NASDAQ:HYFM) from Buy to Neutral. In the first quarter, Hydrofarm Holdings Group showed an EPS of $0.17, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $64.18 and a 52-week-low of $7.48. At the end of the last trading period, Hydrofarm Holdings Group closed at $7.63.

For Katapult Holdings Inc (NASDAQ:KPLT), Loop Capital downgraded the previous rating of Buy to Hold. In the first quarter, Katapult Holdings showed an EPS of $0.08, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $14.70 and a 52-week-low of $1.12. Katapult Holdings closed at $1.43 at the end of the last trading period.

For AlerisLife Inc (NASDAQ:ALR), B. Riley Securities downgraded the previous rating of Buy to Neutral. For the first quarter, AlerisLife had an EPS of $0.31, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $3.04 and a 52-week-low of $1.20. At the end of the last trading period, AlerisLife closed at $1.31.

For Biohaven Pharmaceutical Holding Co Ltd (NYSE:BHVN), HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. Biohaven Pharma Hldgs earned $1.62 in the first quarter, compared to $2.97 in the year-ago quarter. The stock has a 52-week-high of $151.51 and a 52-week-low of $65.24. At the end of the last trading period, Biohaven Pharma Hldgs closed at $140.00.

Goldman Sachs downgraded the previous rating for Coinbase Global Inc (NASDAQ:COIN) from Buy to Neutral. Coinbase Global earned $1.98 in the first quarter, compared to $3.05 in the year-ago quarter. The stock has a 52-week-high of $368.90 and a 52-week-low of $70.19. At the end of the last trading period, Coinbase Global closed at $72.99.

For Upstart Holdings Inc (NASDAQ:UPST), Barclays downgraded the previous rating of Overweight to Equal-Weight. Upstart Hldgs earned $0.61 in the first quarter, compared to $0.22 in the year-ago quarter. The current stock performance of Upstart Hldgs shows a 52-week-high of $401.49 and a 52-week-low of $29.02. Moreover, at the end of the last trading period, the closing price was at $33.61.

According to Citigroup, the prior rating for Rocket Companies Inc (NYSE:RKT) was changed from Buy to Neutral. For the first quarter, Rocket Companies had an EPS of $0.15, compared to year-ago quarter EPS of $0.91. The stock has a 52-week-high of $22.68 and a 52-week-low of $7.61. At the end of the last trading period, Rocket Companies closed at $7.81.

For loanDepot Inc (NYSE:LDI), Citigroup downgraded the previous rating of Neutral to Sell. In the first quarter, loanDepot showed an EPS of $0.26, compared to $0.99 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.95 and a 52-week-low of $2.00. loanDepot closed at $2.38 at the end of the last trading period.

According to Raymond James, the prior rating for Village Farms International Inc (NASDAQ:VFF) was changed from Strong Buy to Outperform. Village Farms Intl earned $0.07 in the first quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.45 and a 52-week-low of $2.81. Village Farms Intl closed at $3.36 at the end of the last trading period.

Oppenheimer downgraded the previous rating for Inovio Pharmaceuticals Inc (NASDAQ:INO) from Outperform to Perform. Inovio Pharmaceuticals earned $0.36 in the first quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Inovio Pharmaceuticals shows a 52-week-high of $10.33 and a 52-week-low of $2.34. Moreover, at the end of the last trading period, the closing price was at $2.49.

According to Needham, the prior rating for ON24 Inc (NYSE:ONTF) was changed from Buy to Hold. In the first quarter, ON24 showed an EPS of $0.13, compared to $0.05 from the year-ago quarter. The current stock performance of ON24 shows a 52-week-high of $41.33 and a 52-week-low of $10.65. Moreover, at the end of the last trading period, the closing price was at $10.77.

Craig-Hallum downgraded the previous rating for Digital Media Solutions Inc (NYSE:DMS) from Buy to Hold. Digital Media Solns earned $0.00 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Digital Media Solns shows a 52-week-high of $10.99 and a 52-week-low of $2.32. Moreover, at the end of the last trading period, the closing price was at $2.77.

According to Alliance Global Partners, the prior rating for Akerna Corp (NASDAQ:KERN) was changed from Buy to Neutral. For the first quarter, Akerna had an EPS of $0.20, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $5.61 and a 52-week-low of $0.44. At the end of the last trading period, Akerna closed at $0.46.

For Pegasystems Inc (NASDAQ:PEGA), Truist Securities downgraded the previous rating of Buy to Hold. For the first quarter, Pegasystems had an EPS of $0.59, compared to year-ago quarter EPS of $0.26. The current stock performance of Pegasystems shows a 52-week-high of $143.66 and a 52-week-low of $36.50. Moreover, at the end of the last trading period, the closing price was at $52.25.

Baird downgraded the previous rating for Jounce Therapeutics Inc (NASDAQ:JNCE) from Outperform to Neutral. For the first quarter, Jounce Therapeutics had an EPS of $0.72, compared to year-ago quarter EPS of $0.58. The current stock performance of Jounce Therapeutics shows a 52-week-high of $9.81 and a 52-week-low of $4.79. Moreover, at the end of the last trading period, the closing price was at $5.26.

Stifel downgraded the previous rating for Carvana Co (NYSE:CVNA) from Buy to Hold. For the first quarter, Carvana had an EPS of $2.89, compared to year-ago quarter EPS of $0.46. The current stock performance of Carvana shows a 52-week-high of $376.83 and a 52-week-low of $35.08. Moreover, at the end of the last trading period, the closing price was at $36.68.

For Peloton Interactive Inc (NASDAQ:PTON), Stifel downgraded the previous rating of Buy to Hold. Peloton Interactive earned $1.15 in the third quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $129.70 and a 52-week-low of $11.25. At the end of the last trading period, Peloton Interactive closed at $12.90.

For Array Technologies Inc (NASDAQ:ARRY), Roth Capital downgraded the previous rating of Buy to Neutral. In the first quarter, Array Technologies showed an EPS of $0.02, compared to $0.19 from the year-ago quarter. The current stock performance of Array Technologies shows a 52-week-high of $27.67 and a 52-week-low of $6.30. Moreover, at the end of the last trading period, the closing price was at $6.92.

For Upstart Holdings Inc (NASDAQ:UPST), Atlantic Equities downgraded the previous rating of Overweight to Neutral. For the first quarter, Upstart Hldgs had an EPS of $0.61, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $401.49 and a 52-week-low of $29.02. Upstart Hldgs closed at $33.61 at the end of the last trading period.

Barclays downgraded the previous rating for Corning Inc (NYSE:GLW) from Overweight to Equal-Weight. For the first quarter, Corning had an EPS of $0.54, compared to year-ago quarter EPS of $0.45. The current stock performance of Corning shows a 52-week-high of $46.45 and a 52-week-low of $33.21. Moreover, at the end of the last trading period, the closing price was at $36.00.

According to JMP Securities, the prior rating for loanDepot Inc (NYSE:LDI) was changed from Market Outperform to Market Perform. In the first quarter, loanDepot showed an EPS of $0.26, compared to $0.99 from the year-ago quarter. The current stock performance of loanDepot shows a 52-week-high of $16.95 and a 52-week-low of $2.00. Moreover, at the end of the last trading period, the closing price was at $2.38.

According to Piper Sandler, the prior rating for loanDepot Inc (NYSE:LDI) was changed from Overweight to Neutral. loanDepot earned $0.26 in the first quarter, compared to $0.99 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.95 and a 52-week-low of $2.00. loanDepot closed at $2.38 at the end of the last trading period.

B of A Securities downgraded the previous rating for Upstart Holdings Inc (NASDAQ:UPST) from Buy to Neutral. For the first quarter, Upstart Hldgs had an EPS of $0.61, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $401.49 and a 52-week-low of $29.02. Upstart Hldgs closed at $33.61 at the end of the last trading period.

Daiwa Capital downgraded the previous rating for Unity Software Inc (NYSE:U) from Outperform to Neutral. In the first quarter, Unity Software showed an EPS of $0.08, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $210.00 and a 52-week-low of $44.55. Unity Software closed at $48.13 at the end of the last trading period.

According to JP Morgan, the prior rating for Avaya Holdings Corp (NYSE:AVYA) was changed from Neutral to Underweight. In the second quarter, Avaya Hldgs showed an EPS of $0.53, compared to $0.74 from the year-ago quarter. At the moment, the stock has a 52-week-high of $29.55 and a 52-week-low of $6.55. Avaya Hldgs closed at $7.53 at the end of the last trading period.

For Biohaven Pharmaceutical Holding Co Ltd (NYSE:BHVN), SVB Leerink downgraded the previous rating of Outperform to Market Perform. Biohaven Pharma Hldgs earned $1.62 in the first quarter, compared to $2.97 in the year-ago quarter. At the moment, the stock has a 52-week-high of $151.51 and a 52-week-low of $65.24. Biohaven Pharma Hldgs closed at $140.00 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Cowen & Co. initiated coverage on Bausch & Lomb Corp (NYSE:BLCO) with an Outperform rating. The price target for Bausch & Lomb is set to $35.00. The stock has a 52-week-high of $20.20 and a 52-week-low of $16.25. At the end of the last trading period, Bausch & Lomb closed at $17.55.

Lake Street initiated coverage on Kimball Electronics Inc (NASDAQ:KE) with a Buy rating. The price target for Kimball Electronics is set to $27.00. For the third quarter, Kimball Electronics had an EPS of $0.54, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $30.61 and a 52-week-low of $16.80. At the end of the last trading period, Kimball Electronics closed at $17.66.

Truist Securities initiated coverage on Sun Communities Inc (NYSE:SUI) with a Buy rating. The price target for Sun Communities is set to $185.00. In the first quarter, Sun Communities showed an EPS of $1.34, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $211.79 and a 52-week-low of $155.51. Sun Communities closed at $156.28 at the end of the last trading period.

With a Buy rating, Truist Securities initiated coverage on Academy Sports and Outdoors Inc (NASDAQ:ASO). The price target seems to have been set at $53.00 for Academy Sports. For the fourth quarter, Academy Sports had an EPS of $1.61, compared to year-ago quarter EPS of $1.09. At the moment, the stock has a 52-week-high of $51.08 and a 52-week-low of $29.74. Academy Sports closed at $35.81 at the end of the last trading period.

JP Morgan initiated coverage on Affirm Holdings Inc (NASDAQ:AFRM) with a Neutral rating. The price target for Affirm Holdings is set to $30.00. Affirm Holdings earned $0.57 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $176.65 and a 52-week-low of $16.55. At the end of the last trading period, Affirm Holdings closed at $18.19.

Truist Securities initiated coverage on Equity Lifestyle Properties Inc (NYSE:ELS) with a Buy rating. The price target for Equity Lifestyle Props is set to $78.00. For the first quarter, Equity Lifestyle Props had an EPS of $0.72, compared to year-ago quarter EPS of $0.64. At the moment, the stock has a 52-week-high of $88.70 and a 52-week-low of $67.62. Equity Lifestyle Props closed at $68.69 at the end of the last trading period.

See all analyst ratings initiations.

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