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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For May 19, 2022

Upgrades

BMO Capital upgraded the previous rating for Public Storage (NYSE:PSA) from Market Perform to Outperform. Public Storage earned $3.65 in the first quarter, compared to $3.08 in the year-ago quarter. The current stock performance of Public Storage shows a 52-week-high of $421.76 and a 52-week-low of $270.43. Moreover, at the end of the last trading period, the closing price was at $306.90.

Morgan Stanley upgraded the previous rating for Reinsurance Group of America Inc (NYSE:RGA) from Underweight to Equal-Weight. For the first quarter, Reinsurance Group had an EPS of $0.47, compared to year-ago quarter EPS of $1.24. At the moment, the stock has a 52-week-high of $128.93 and a 52-week-low of $94.32. Reinsurance Group closed at $121.10 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Williams Capital downgraded the previous rating for Under Armour Inc (NYSE:UAA) from Buy to Hold. Under Armour earned $0.01 in the first quarter, compared to $0.16 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.28 and a 52-week-low of $9.91. Under Armour closed at $10.53 at the end of the last trading period.

DA Davidson downgraded the previous rating for Winnebago Industries Inc (NYSE:WGO) from Buy to Neutral. In the second quarter, Winnebago Industries showed an EPS of $3.14, compared to $2.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $80.30 and a 52-week-low of $49.56. Winnebago Industries closed at $49.89 at the end of the last trading period.

For Bank of New York Mellon Corp (NYSE:BK), Deutsche Bank downgraded the previous rating of Buy to Hold. For the first quarter, Bank of New York Mellon had an EPS of $0.86, compared to year-ago quarter EPS of $0.97. At the moment, the stock has a 52-week-high of $64.63 and a 52-week-low of $41.77. Bank of New York Mellon closed at $43.29 at the end of the last trading period.

DA Davidson downgraded the previous rating for Thor Industries Inc (NYSE:THO) from Neutral to Underperform. For the second quarter, Thor Industries had an EPS of $4.79, compared to year-ago quarter EPS of $2.38. The stock has a 52-week-high of $132.78 and a 52-week-low of $73.50. At the end of the last trading period, Thor Industries closed at $74.73.

According to B of A Securities, the prior rating for Physicians Realty Trust (NYSE:DOC) was changed from Neutral to Underperform. Physicians Realty Trust earned $0.27 in the first quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Physicians Realty Trust shows a 52-week-high of $19.59 and a 52-week-low of $16.07. Moreover, at the end of the last trading period, the closing price was at $17.90.

According to Citigroup, the prior rating for Union Pacific Corp (NYSE:UNP) was changed from Buy to Neutral. In the first quarter, Union Pacific showed an EPS of $2.57, compared to $2.00 from the year-ago quarter. The stock has a 52-week-high of $278.94 and a 52-week-low of $195.68. At the end of the last trading period, Union Pacific closed at $224.99.

For Norfolk Southern Corp (NYSE:NSC), Citigroup downgraded the previous rating of Buy to Neutral. Norfolk Southern earned $2.93 in the first quarter, compared to $2.66 in the year-ago quarter. At the moment, the stock has a 52-week-high of $299.19 and a 52-week-low of $237.18. Norfolk Southern closed at $237.57 at the end of the last trading period.

For CSX Corp (NASDAQ:CSX), Citigroup downgraded the previous rating of Buy to Neutral. For the first quarter, CSX had an EPS of $0.39, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $101.15 and a 52-week-low of $29.48. At the end of the last trading period, CSX closed at $32.32.

According to B of A Securities, the prior rating for Healthpeak Properties Inc (NYSE:PEAK) was changed from Buy to Neutral. In the first quarter, Healthpeak Properties showed an EPS of $0.43, compared to $0.40 from the year-ago quarter. The current stock performance of Healthpeak Properties shows a 52-week-high of $37.69 and a 52-week-low of $29.22. Moreover, at the end of the last trading period, the closing price was at $30.07.

BMO Capital downgraded the previous rating for Life Storage Inc (NYSE:LSI) from Outperform to Market Perform. In the first quarter, Life Storage showed an EPS of $1.44, compared to $1.08 from the year-ago quarter. The stock has a 52-week-high of $154.45 and a 52-week-low of $94.97. At the end of the last trading period, Life Storage closed at $110.74.

According to Morgan Stanley, the prior rating for Primerica Inc (NYSE:PRI) was changed from Overweight to Equal-Weight. In the first quarter, Primerica showed an EPS of $2.11, compared to $2.44 from the year-ago quarter. The current stock performance of Primerica shows a 52-week-high of $179.50 and a 52-week-low of $113.99. Moreover, at the end of the last trading period, the closing price was at $123.88.

According to Morgan Stanley, the prior rating for Under Armour Inc (NYSE:UAA) was changed from Overweight to Equal-Weight. Under Armour earned $0.01 in the first quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $27.28 and a 52-week-low of $9.91. At the end of the last trading period, Under Armour closed at $10.53.

According to JP Morgan, the prior rating for Wipro Ltd (NYSE:WIT) was changed from Neutral to Underweight. In the fourth quarter, Wipro showed an EPS of $0.07, compared to $0.07 from the year-ago quarter. The current stock performance of Wipro shows a 52-week-high of $9.96 and a 52-week-low of $6.00. Moreover, at the end of the last trading period, the closing price was at $6.01.

Stifel downgraded the previous rating for Target Corp (NYSE:TGT) from Buy to Hold. In the first quarter, Target showed an EPS of $2.19, compared to $3.69 from the year-ago quarter. At the moment, the stock has a 52-week-high of $268.98 and a 52-week-low of $155.20. Target closed at $161.61 at the end of the last trading period.

For UWM Holdings Corp (NYSE:UWMC), Piper Sandler downgraded the previous rating of Neutral to Underweight. In the first quarter, UWM Hldgs showed an EPS of $0.22, compared to $0.33 from the year-ago quarter. The stock has a 52-week-high of $10.98 and a 52-week-low of $3.38. At the end of the last trading period, UWM Hldgs closed at $4.01.

For Schnitzer Steel Industries Inc (NASDAQ:SCHN), Keybanc downgraded the previous rating of Overweight to Sector Weight. For the second quarter, Schnitzer Steel Indus had an EPS of $1.38, compared to year-ago quarter EPS of $1.51. At the moment, the stock has a 52-week-high of $59.70 and a 52-week-low of $35.34. Schnitzer Steel Indus closed at $37.36 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Univest Securities initiated coverage on Euroseas Ltd (NASDAQ:ESEA). The price target seems to have been set at $50.00 for Euroseas. Euroseas earned $3.17 in the fourth quarter, compared to $0.16 in the year-ago quarter. At the moment, the stock has a 52-week-high of $39.17 and a 52-week-low of $13.72. Euroseas closed at $24.97 at the end of the last trading period.

With a Equal-Weight rating, Morgan Stanley initiated coverage on Ardagh Metal Packaging SA (NYSE:AMBP). The price target seems to have been set at $7.20 for Ardagh Metal Packaging. At the moment, the stock has a 52-week-high of $12.43 and a 52-week-low of $5.83. Ardagh Metal Packaging closed at $5.86 at the end of the last trading period.

With a Buy rating, MKM Partners initiated coverage on Dorman Products Inc (NASDAQ:DORM). The price target seems to have been set at $129.00 for Dorman Products. In the first quarter, Dorman Products showed an EPS of $1.29, compared to $1.04 from the year-ago quarter. The current stock performance of Dorman Products shows a 52-week-high of $122.96 and a 52-week-low of $88.44. Moreover, at the end of the last trading period, the closing price was at $98.13.

See all analyst ratings initiations.

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