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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For May 2, 2022

Upgrades

For First Interstate BancSystem Inc (NASDAQ:FIBK), Keefe, Bruyette & Woods upgraded the previous rating of Market Perform to Outperform. For the first quarter, First Interstate BancSys had an EPS of $0.36, compared to year-ago quarter EPS of $0.83. The stock has a 52-week-high of $48.49 and a 52-week-low of $32.40. At the end of the last trading period, First Interstate BancSys closed at $32.52.

JP Morgan upgraded the previous rating for TAL Education Group (NYSE:TAL) from Underweight to Neutral. For the fourth quarter, TAL Education had an EPS of $0.17, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $62.18 and a 52-week-low of $1.60. TAL Education closed at $3.39 at the end of the last trading period.

For Arthur J. Gallagher & Co (NYSE:AJG), Raymond James upgraded the previous rating of Outperform to Strong Buy. For the first quarter, Arthur J. Gallagher had an EPS of $2.81, compared to year-ago quarter EPS of $2.02. The stock has a 52-week-high of $187.02 and a 52-week-low of $135.50. At the end of the last trading period, Arthur J. Gallagher closed at $168.49.

Wells Fargo upgraded the previous rating for Accolade Inc (NASDAQ:ACCD) from Underweight to Equal-Weight. In the fourth quarter, Accolade showed an EPS of $0.51, compared to $0.22 from the year-ago quarter. The stock has a 52-week-high of $55.47 and a 52-week-low of $4.61. At the end of the last trading period, Accolade closed at $5.56.

According to Evercore ISI Group, the prior rating for Empire State Realty Trust Inc (NYSE:ESRT) was changed from In-Line to Outperform. For the first quarter, Empire State Realty Trust had an EPS of $0.18, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $13.11 and a 52-week-low of $8.36. Empire State Realty Trust closed at $8.64 at the end of the last trading period.

Raymond James upgraded the previous rating for Griffon Corp (NYSE:GFF) from Outperform to Strong Buy. In the second quarter, Griffon showed an EPS of $1.37, compared to $0.48 from the year-ago quarter. The current stock performance of Griffon shows a 52-week-high of $29.42 and a 52-week-low of $17.56. Moreover, at the end of the last trading period, the closing price was at $18.71.

Piper Sandler upgraded the previous rating for Comerica Inc (NYSE:CMA) from Neutral to Overweight. In the first quarter, Comerica showed an EPS of $1.37, compared to $2.43 from the year-ago quarter. The stock has a 52-week-high of $102.09 and a 52-week-low of $63.07. At the end of the last trading period, Comerica closed at $81.90.

According to B of A Securities, the prior rating for Mohawk Industries Inc (NYSE:MHK) was changed from Underperform to Neutral. Mohawk Industries earned $3.78 in the first quarter, compared to $3.49 in the year-ago quarter. The stock has a 52-week-high of $231.80 and a 52-week-low of $117.56. At the end of the last trading period, Mohawk Industries closed at $141.06.

JP Morgan upgraded the previous rating for SJW Group (NYSE:SJW) from Neutral to Overweight. SJW Gr earned $0.09 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of SJW Gr shows a 52-week-high of $73.69 and a 52-week-low of $58.49. Moreover, at the end of the last trading period, the closing price was at $59.00.

JP Morgan upgraded the previous rating for New Oriental Education & Technology Group Inc (NYSE:EDU) from Underweight to Neutral. In the third quarter, New Oriental Education showed an EPS of $0.56, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.44 and a 52-week-low of $0.84. New Oriental Education closed at $12.55 at the end of the last trading period.

Piper Sandler upgraded the previous rating for EPAM Systems Inc (NYSE:EPAM) from Neutral to Overweight. In the fourth quarter, EPAM Sys showed an EPS of $2.76, compared to $1.81 from the year-ago quarter. At the moment, the stock has a 52-week-high of $725.40 and a 52-week-low of $168.59. EPAM Sys closed at $264.99 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Evercore ISI Group downgraded the previous rating for US Silica Holdings Inc (NYSE:SLCA) from Outperform to In-Line. In the first quarter, US Silica Holdings showed an EPS of $0.02, compared to $0.28 from the year-ago quarter. The current stock performance of US Silica Holdings shows a 52-week-high of $21.54 and a 52-week-low of $7.22. Moreover, at the end of the last trading period, the closing price was at $18.58.

BMO Capital downgraded the previous rating for Weyerhaeuser Co (NYSE:WY) from Outperform to Market Perform. For the first quarter, Weyerhaeuser had an EPS of $1.31, compared to year-ago quarter EPS of $0.91. The current stock performance of Weyerhaeuser shows a 52-week-high of $43.04 and a 52-week-low of $32.65. Moreover, at the end of the last trading period, the closing price was at $41.22.

According to B. Riley Securities, the prior rating for Shenandoah Telecommunications Co (NASDAQ:SHEN) was changed from Buy to Neutral. Shenandoah earned $0.01 in the first quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $61.53 and a 52-week-low of $18.77. At the end of the last trading period, Shenandoah closed at $20.20.

According to Piper Sandler, the prior rating for KeyCorp (NYSE:KEY) was changed from Neutral to Underweight. For the first quarter, KeyCorp had an EPS of $0.45, compared to year-ago quarter EPS of $0.61. The stock has a 52-week-high of $27.17 and a 52-week-low of $17.90. At the end of the last trading period, KeyCorp closed at $19.31.

According to Piper Sandler, the prior rating for Territorial Bancorp Inc (NASDAQ:TBNK) was changed from Neutral to Underweight. In the first quarter, Territorial Bancorp showed an EPS of $0.52, compared to $0.55 from the year-ago quarter. The current stock performance of Territorial Bancorp shows a 52-week-high of $26.81 and a 52-week-low of $22.52. Moreover, at the end of the last trading period, the closing price was at $22.71.

According to Piper Sandler, the prior rating for Community Bank System Inc (NYSE:CBU) was changed from Neutral to Underweight. Community Bank System earned $0.87 in the first quarter, compared to $0.97 in the year-ago quarter. At the moment, the stock has a 52-week-high of $82.10 and a 52-week-low of $64.21. Community Bank System closed at $64.40 at the end of the last trading period.

According to Needham, the prior rating for GTY Technology Holdings Inc (NASDAQ:GTYH) was changed from Buy to Hold. In the fourth quarter, GTY Technology Holdings showed an EPS of $0.06, compared to $0.02 from the year-ago quarter. The stock has a 52-week-high of $8.09 and a 52-week-low of $2.50. At the end of the last trading period, GTY Technology Holdings closed at $6.09.

See all analyst ratings downgrades.

Initiations

Ladenburg Thalmann initiated coverage on Annovis Bio Inc (NYSE:ANVS) with a Buy rating. The price target for Annovis Bio is set to $37.00. Annovis Bio earned $0.75 in the fourth quarter, compared to $0.26 in the year-ago quarter. The stock has a 52-week-high of $132.00 and a 52-week-low of $9.23. At the end of the last trading period, Annovis Bio closed at $9.44.

Ladenburg Thalmann initiated coverage on Artisan Acquisition Corp (NASDAQ:ARTA) with a Buy rating. The price target for Artisan Acquisition is set to $15.00. The stock has a 52-week-high of $10.29 and a 52-week-low of $9.51. At the end of the last trading period, Artisan Acquisition closed at $9.98.

With a Buy rating, Aegis Capital initiated coverage on Rail Vision Ltd (NASDAQ:RVSN). The price target seems to have been set at $7.00 for Rail Vision. At the moment, the stock has a 52-week-high of $3.14 and a 52-week-low of $1.19. Rail Vision closed at $1.24 at the end of the last trading period.

With a Market Perform rating, Cowen & Co. initiated coverage on Genmab A/S (NASDAQ:GMAB). The price target seems to have been set at $38.00 for Genmab. Genmab earned $0.17 in the fourth quarter, compared to $0.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.07 and a 52-week-low of $30.08. Genmab closed at $35.18 at the end of the last trading period.

Craig-Hallum initiated coverage on Urban-gro Inc (NASDAQ:UGRO) with a Buy rating. Urban-gro earned $0.06 in the fourth quarter, compared to $0.24 in the year-ago quarter. The current stock performance of Urban-gro shows a 52-week-high of $17.30 and a 52-week-low of $6.75. Moreover, at the end of the last trading period, the closing price was at $7.27.

With a Buy rating, Canaccord Genuity initiated coverage on Clene Inc (NASDAQ:CLNN). The price target seems to have been set at $10.00 for Clene. The current stock performance of Clene shows a 52-week-high of $17.82 and a 52-week-low of $2.35. Moreover, at the end of the last trading period, the closing price was at $2.59.

Needham initiated coverage on CarMax Inc (NYSE:KMX) with a Hold rating. In the fourth quarter, CarMax showed an EPS of $0.98, compared to $1.27 from the year-ago quarter. The current stock performance of CarMax shows a 52-week-high of $155.98 and a 52-week-low of $85.64. Moreover, at the end of the last trading period, the closing price was at $85.78.

With a Buy rating, B of A Securities initiated coverage on Johnson Controls International PLC (NYSE:JCI). The price target seems to have been set at $85.00 for Johnson Controls Intl. In the first quarter, Johnson Controls Intl showed an EPS of $0.54, compared to $0.43 from the year-ago quarter. The current stock performance of Johnson Controls Intl shows a 52-week-high of $81.77 and a 52-week-low of $59.55. Moreover, at the end of the last trading period, the closing price was at $59.87.

RBC Capital initiated coverage on Design Therapeutics Inc (NASDAQ:DSGN) with an Outperform rating. The price target for Design Therapeutics is set to $30.00. At the moment, the stock has a 52-week-high of $29.16 and a 52-week-low of $10.37. Design Therapeutics closed at $11.94 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on Vera Therapeutics Inc (NASDAQ:VERA) with a Buy rating. The price target for Vera Therapeutics is set to $35.00. The stock has a 52-week-high of $37.11 and a 52-week-low of $11.30. At the end of the last trading period, Vera Therapeutics closed at $20.00.

With a Buy rating, HC Wainwright & Co. initiated coverage on Shattuck Labs Inc (NASDAQ:STTK). The price target seems to have been set at $28.00 for Shattuck Labs. In the fourth quarter, Shattuck Labs showed an EPS of $0.18, compared to $0.31 from the year-ago quarter. The current stock performance of Shattuck Labs shows a 52-week-high of $38.90 and a 52-week-low of $3.35. Moreover, at the end of the last trading period, the closing price was at $3.84.

Goldman Sachs initiated coverage on 2seventy bio Inc (NASDAQ:TSVT) with a Buy rating. The price target for 2seventy bio is set to $26.00. For the fourth quarter, 2seventy bio had an EPS of $2.55, compared to year-ago quarter EPS of $3.29. The current stock performance of 2seventy bio shows a 52-week-high of $64.00 and a 52-week-low of $11.43. Moreover, at the end of the last trading period, the closing price was at $13.46.

JP Morgan initiated coverage on Cazoo Group Ltd (NYSE:CZOO) with a Neutral rating. At the moment, the stock has a 52-week-high of $10.13 and a 52-week-low of $1.68. Cazoo Gr closed at $1.69 at the end of the last trading period.

See all analyst ratings initiations.

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