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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For May 20, 2022

Upgrades

For Telia Company AB (OTC:TLSNY), UBS upgraded the previous rating of Neutral to Buy. For the first quarter, Telia Company had an EPS of $0.05, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $9.16 and a 52-week-low of $6.76. At the end of the last trading period, Telia Company closed at $8.14.

According to B of A Securities, the prior rating for Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) was changed from Underperform to Buy. In the fourth quarter, Ollie's Bargain Outlet showed an EPS of $0.69, compared to $0.97 from the year-ago quarter. At the moment, the stock has a 52-week-high of $95.43 and a 52-week-low of $37.67. Ollie's Bargain Outlet closed at $43.19 at the end of the last trading period.

For Mirati Therapeutics Inc (NASDAQ:MRTX), Guggenheim upgraded the previous rating of Neutral to Buy. Mirati Therapeutics earned $3.40 in the first quarter, compared to $2.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $195.99 and a 52-week-low of $51.16. Mirati Therapeutics closed at $59.61 at the end of the last trading period.

Exane BNP Paribas upgraded the previous rating for Trex Co Inc (NYSE:TREX) from Underperform to Neutral. For the first quarter, Trex Co had an EPS of $0.62, compared to year-ago quarter EPS of $0.42. 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 $61.96.

Baird upgraded the previous rating for Comerica Inc (NYSE:CMA) from Neutral to Outperform. In the first quarter, Comerica showed an EPS of $1.37, compared to $2.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $102.09 and a 52-week-low of $63.07. Comerica closed at $72.80 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Craig-Hallum, the prior rating for Citi Trends Inc (NASDAQ:CTRN) was changed from Buy to Hold. Citi Trends earned $1.16 in the fourth quarter, compared to $1.81 in the year-ago quarter. The current stock performance of Citi Trends shows a 52-week-high of $97.46 and a 52-week-low of $25.18. Moreover, at the end of the last trading period, the closing price was at $29.30.

Argus Research downgraded the previous rating for Allstate Corp (NYSE:ALL) from Buy to Hold. In the first quarter, Allstate showed an EPS of $2.58, compared to $6.11 from the year-ago quarter. The current stock performance of Allstate shows a 52-week-high of $144.46 and a 52-week-low of $106.11. Moreover, at the end of the last trading period, the closing price was at $125.79.

For Dollar General Corp (NYSE:DG), Gordon Haskett downgraded the previous rating of Buy to Hold. Dollar Gen earned $2.57 in the fourth quarter, compared to $2.62 in the year-ago quarter. The stock has a 52-week-high of $262.20 and a 52-week-low of $185.15. At the end of the last trading period, Dollar Gen closed at $201.33.

According to Berenberg, the prior rating for Spero Therapeutics Inc (NASDAQ:SPRO) was changed from Buy to Hold. In the first quarter, Spero Therapeutics showed an EPS of $1.01, compared to $0.66 from the year-ago quarter. The current stock performance of Spero Therapeutics shows a 52-week-high of $19.87 and a 52-week-low of $1.38. Moreover, at the end of the last trading period, the closing price was at $1.44.

For Pure Storage Inc (NYSE:PSTG), B of A Securities downgraded the previous rating of Buy to Neutral. In the fourth quarter, Pure Storage showed an EPS of $0.36, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $36.71 and a 52-week-low of $17.40. Pure Storage closed at $25.17 at the end of the last trading period.

B of A Securities downgraded the previous rating for Hewlett Packard Enterprise Co (NYSE:HPE) from Buy to Neutral. Hewlett Packard earned $0.53 in the first quarter, compared to $0.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.76 and a 52-week-low of $12.99. Hewlett Packard closed at $15.04 at the end of the last trading period.

According to Atlantic Equities, the prior rating for Freshpet Inc (NASDAQ:FRPT) was changed from Overweight to Neutral. In the first quarter, Freshpet showed an EPS of $0.40, compared to $0.26 from the year-ago quarter. The current stock performance of Freshpet shows a 52-week-high of $183.38 and a 52-week-low of $53.09. Moreover, at the end of the last trading period, the closing price was at $66.53.

For Wix.com Ltd (NASDAQ:WIX), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the first quarter, Wix.com had an EPS of $0.72, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $309.00 and a 52-week-low of $56.24. At the end of the last trading period, Wix.com closed at $68.66.

For Ross Stores Inc (NASDAQ:ROST), Telsey Advisory Group downgraded the previous rating of Outperform to Market Perform. Ross Stores earned $0.97 in the first quarter, compared to $1.34 in the year-ago quarter. The stock has a 52-week-high of $127.58 and a 52-week-low of $84.44. At the end of the last trading period, Ross Stores closed at $92.70.

According to Berenberg, the prior rating for PPG Industries Inc (NYSE:PPG) was changed from Buy to Hold. PPG Indus earned $1.37 in the first quarter, compared to $1.88 in the year-ago quarter. The current stock performance of PPG Indus shows a 52-week-high of $182.97 and a 52-week-low of $111.32. Moreover, at the end of the last trading period, the closing price was at $122.67.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Lake Street initiated coverage on Biolase Inc (NASDAQ:BIOL). The price target seems to have been set at $12.00 for Biolase. Biolase earned $0.77 in the first quarter, compared to $1.28 in the year-ago quarter. The stock has a 52-week-high of $5.72 and a 52-week-low of $0.20. At the end of the last trading period, Biolase closed at $3.84.

Lake Street initiated coverage on Streamline Health Solutions Inc (NASDAQ:STRM) with a Buy rating. The price target for Streamline Health Solns is set to $3.00. In the fourth quarter, Streamline Health Solns showed an EPS of $0.00, compared to $0.05 from the year-ago quarter. The current stock performance of Streamline Health Solns shows a 52-week-high of $2.29 and a 52-week-low of $1.13. Moreover, at the end of the last trading period, the closing price was at $1.22.

Lake Street initiated coverage on Apyx Medical Corp (NASDAQ:APYX) with a Buy rating. The price target for Apyx Medical is set to $12.00. For the first quarter, Apyx Medical had an EPS of $0.17, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $17.50 and a 52-week-low of $3.01. At the end of the last trading period, Apyx Medical closed at $3.41.

Evercore ISI Group initiated coverage on Inspirato Incorporated (NASDAQ:ISPO) with an In-Line rating. The price target for Inspirato is set to $6.00. At the moment, the stock has a 52-week-high of $108.00 and a 52-week-low of $4.67. Inspirato closed at $5.54 at the end of the last trading period.

B of A Securities initiated coverage on Novavax Inc (NASDAQ:NVAX) with an Underperform rating. Novavax earned $2.56 in the first quarter, compared to $3.05 in the year-ago quarter. The current stock performance of Novavax shows a 52-week-high of $277.80 and a 52-week-low of $41.33. Moreover, at the end of the last trading period, the closing price was at $58.43.

With an Outperform rating, Cowen & Co. initiated coverage on Leafly Holdings Inc (NASDAQ:LFLY). The price target seems to have been set at $12.00 for Leafly Holdings. The stock has a 52-week-high of $11.58 and a 52-week-low of $5.27. At the end of the last trading period, Leafly Holdings closed at $9.75.

B of A Securities initiated coverage on TG Therapeutics Inc (NASDAQ:TGTX) with an Underperform rating. The price target for TG Therapeutics is set to $5.00. For the first quarter, TG Therapeutics had an EPS of $0.51, compared to year-ago quarter EPS of $0.69. At the moment, the stock has a 52-week-high of $41.00 and a 52-week-low of $5.51. TG Therapeutics closed at $6.04 at the end of the last trading period.

B of A Securities initiated coverage on Revolution Medicines Inc (NASDAQ:RVMD) with a Neutral rating. The price target for Revolution Medicines is set to $24.00. For the first quarter, Revolution Medicines had an EPS of $0.78, compared to year-ago quarter EPS of $0.53. At the moment, the stock has a 52-week-high of $35.07 and a 52-week-low of $14.08. Revolution Medicines closed at $15.16 at the end of the last trading period.

B of A Securities initiated coverage on Turning Point Therapeutics Inc (NASDAQ:TPTX) with a Buy rating. The price target for Turning Point is set to $58.00. In the first quarter, Turning Point showed an EPS of $1.50, compared to $0.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $83.06 and a 52-week-low of $23.77. Turning Point closed at $35.36 at the end of the last trading period.

Stifel initiated coverage on ESAB Corp (NYSE:ESAB) with a Buy rating. The price target for ESAB is set to $56.00. ESAB earned $1.17 in the first quarter, compared to $1.12 in the year-ago quarter. The current stock performance of ESAB shows a 52-week-high of $58.08 and a 52-week-low of $42.96. Moreover, at the end of the last trading period, the closing price was at $46.79.

With an Overweight rating, JP Morgan initiated coverage on Bill.com Holdings Inc (NYSE:BILL). The price target seems to have been set at $140.00 for Bill.com Holdings. For the third quarter, Bill.com Holdings had an EPS of $0.08, compared to year-ago quarter EPS of $0.02. At the moment, the stock has a 52-week-high of $348.50 and a 52-week-low of $89.87. Bill.com Holdings closed at $114.42 at the end of the last trading period.

With a Buy rating, DA Davidson initiated coverage on SVF Investment Corp 3 (NASDAQ:SVFC). The price target seems to have been set at $15.00 for SVF Inv Corp 3. At the moment, the stock has a 52-week-high of $10.24 and a 52-week-low of $9.65. SVF Inv Corp 3 closed at $9.96 at the end of the last trading period.

With a Neutral rating, DA Davidson initiated coverage on Coupa Software Inc (NASDAQ:COUP). The price target seems to have been set at $75.00 for Coupa Software. Coupa Software earned $0.19 in the fourth quarter, compared to $0.17 in the year-ago quarter. The stock has a 52-week-high of $283.38 and a 52-week-low of $58.43. At the end of the last trading period, Coupa Software closed at $71.73.

Oppenheimer initiated coverage on Bentley Systems Inc (NASDAQ:BSY) with an Outperform rating. The price target for Bentley Systems is set to $40.00. In the first quarter, Bentley Systems showed an EPS of $0.24, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $71.92 and a 52-week-low of $26.32. At the end of the last trading period, Bentley Systems closed at $32.29.

See all analyst ratings initiations.

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