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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For May 25, 2022

Upgrades

Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.

Mizuho upgraded the previous rating for Sabra Health Care REIT Inc (NASDAQ:SBRA) from Neutral to Buy. For the first quarter, Sabra Health Care REIT had an EPS of $0.38, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $19.02 and a 52-week-low of $11.44. At the end of the last trading period, Sabra Health Care REIT closed at $13.37.

According to JP Morgan, the prior rating for Magellan Midstream Partners LP (NYSE:MMP) was changed from Neutral to Overweight. In the first quarter, Magellan Midstream showed an EPS of $1.10, compared to $1.09 from the year-ago quarter. The stock has a 52-week-high of $53.85 and a 52-week-low of $43.58. At the end of the last trading period, Magellan Midstream closed at $48.83.

Barclays upgraded the previous rating for Diamondback Energy Inc (NASDAQ:FANG) from Equal-Weight to Overweight. For the first quarter, Diamondback Energy had an EPS of $5.20, compared to year-ago quarter EPS of $2.30. The current stock performance of Diamondback Energy shows a 52-week-high of $147.99 and a 52-week-low of $65.93. Moreover, at the end of the last trading period, the closing price was at $135.78.

According to Oppenheimer, the prior rating for CME Group Inc (NASDAQ:CME) was changed from Perform to Outperform. For the first quarter, CME Group had an EPS of $2.11, compared to year-ago quarter EPS of $1.79. The current stock performance of CME Group shows a 52-week-high of $256.94 and a 52-week-low of $185.79. Moreover, at the end of the last trading period, the closing price was at $191.67.

According to Wells Fargo, the prior rating for Univar Solutions Inc (NYSE:UNVR) was changed from Equal-Weight to Overweight. Univar Solns earned $1.07 in the first quarter, compared to $0.43 in the year-ago quarter. The current stock performance of Univar Solns shows a 52-week-high of $34.00 and a 52-week-low of $21.56. Moreover, at the end of the last trading period, the closing price was at $28.74.

For Kilroy Realty Corp (NYSE:KRC), Goldman Sachs upgraded the previous rating of Neutral to Buy. Kilroy Realty earned $1.16 in the first quarter, compared to $0.98 in the year-ago quarter. The stock has a 52-week-high of $79.06 and a 52-week-low of $56.94. At the end of the last trading period, Kilroy Realty closed at $59.40.

Atlantic Equities upgraded the previous rating for Air Products & Chemicals Inc (NYSE:APD) from Neutral to Overweight. For the second quarter, Air Products & Chemicals had an EPS of $2.38, compared to year-ago quarter EPS of $2.08. The stock has a 52-week-high of $316.39 and a 52-week-low of $216.24. At the end of the last trading period, Air Products & Chemicals closed at $236.82.

JP Morgan upgraded the previous rating for Equitable Holdings Inc (NYSE:EQH) from Neutral to Overweight. Equitable Holdings earned $1.53 in the first quarter, compared to $1.35 in the year-ago quarter. The stock has a 52-week-high of $37.13 and a 52-week-low of $25.73. At the end of the last trading period, Equitable Holdings closed at $28.44.

See all analyst ratings upgrades.

Downgrades

For Fisker Inc (NYSE:FSR), Tudor Pickering downgraded the previous rating of Buy to Hold. For the first quarter, Fisker had an EPS of $0.41, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $23.75 and a 52-week-low of $8.04. Fisker closed at $9.61 at the end of the last trading period.

According to William Blair, the prior rating for Covetrus Inc (NASDAQ:CVET) was changed from Outperform to Market Perform. In the first quarter, Covetrus showed an EPS of $0.25, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $29.02 and a 52-week-low of $13.39. Covetrus closed at $19.66 at the end of the last trading period.

For Best Buy Co Inc (NYSE:BBY), Barclays downgraded the previous rating of Overweight to Equal-Weight. In the first quarter, Best Buy Co showed an EPS of $1.57, compared to $2.23 from the year-ago quarter. The current stock performance of Best Buy Co shows a 52-week-high of $141.97 and a 52-week-low of $69.07. Moreover, at the end of the last trading period, the closing price was at $73.47.

Goldman Sachs downgraded the previous rating for Essential Properties Realty Trust Inc (NYSE:EPRT) from Buy to Neutral. In the first quarter, Essential Props Realty showed an EPS of $0.38, compared to $0.30 from the year-ago quarter. The current stock performance of Essential Props Realty shows a 52-week-high of $32.92 and a 52-week-low of $21.31. Moreover, at the end of the last trading period, the closing price was at $22.15.

According to Barclays, the prior rating for Devon Energy Corp (NYSE:DVN) was changed from Overweight to Equal-Weight. Devon Energy earned $1.88 in the first quarter, compared to $0.45 in the year-ago quarter. The current stock performance of Devon Energy shows a 52-week-high of $73.18 and a 52-week-low of $24.05. Moreover, at the end of the last trading period, the closing price was at $70.39.

According to Credit Suisse, the prior rating for ASGN Inc (NYSE:ASGN) was changed from Neutral to Underperform. ASGN earned $1.57 in the first quarter, compared to $1.28 in the year-ago quarter. The stock has a 52-week-high of $131.89 and a 52-week-low of $91.61. At the end of the last trading period, ASGN closed at $100.48.

RBC Capital downgraded the previous rating for Verrica Pharmaceuticals Inc (NASDAQ:VRCA) from Outperform to Sector Perform. Verrica Pharmaceuticals earned $0.25 in the first quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $14.79 and a 52-week-low of $5.20. At the end of the last trading period, Verrica Pharmaceuticals closed at $5.56.

For 2U Inc (NASDAQ:TWOU), Piper Sandler downgraded the previous rating of Neutral to Underweight. 2U earned $0.24 in the first quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.52 and a 52-week-low of $8.12. 2U closed at $10.60 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Cantor Fitzgerald initiated coverage on Pliant Therapeutics Inc (NASDAQ:PLRX) with an Overweight rating. The price target for Pliant Therapeutics is set to $28.00. In the first quarter, Pliant Therapeutics showed an EPS of $0.78, compared to $0.64 from the year-ago quarter. At the moment, the stock has a 52-week-high of $33.95 and a 52-week-low of $3.96. Pliant Therapeutics closed at $4.93 at the end of the last trading period.

With an Outperform rating, Northland Capital Markets initiated coverage on Generac Holdings Inc (NYSE:GNRC). The price target seems to have been set at $370.00 for Generac Hldgs. Generac Hldgs earned $2.09 in the first quarter, compared to $2.38 in the year-ago quarter. The stock has a 52-week-high of $524.31 and a 52-week-low of $197.94. At the end of the last trading period, Generac Hldgs closed at $215.63.

With a Buy rating, Craig-Hallum initiated coverage on POET Technologies Inc (NASDAQ:POET). The price target seems to have been set at $11.00 for POET Technologies. The current stock performance of POET Technologies shows a 52-week-high of $11.00 and a 52-week-low of $5.34. Moreover, at the end of the last trading period, the closing price was at $5.67.

Cowen & Co. initiated coverage on Wallbox NV (NYSE:WBX) with an Outperform rating. The price target for Wallbox is set to $14.00. At the moment, the stock has a 52-week-high of $27.50 and a 52-week-low of $8.30. Wallbox closed at $9.85 at the end of the last trading period.

With an Outperform rating, Cowen & Co. initiated coverage on Allegro Microsystems Inc (NASDAQ:ALGM). The price target seems to have been set at $30.00 for Allegro Microsystems. For the fourth quarter, Allegro Microsystems had an EPS of $0.21, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $38.28 and a 52-week-low of $21.91. At the end of the last trading period, Allegro Microsystems closed at $23.73.

With a Equal-Weight rating, Wells Fargo initiated coverage on Murphy USA Inc (NYSE:MUSA). The price target seems to have been set at $230.00 for Murphy USA. Murphy USA earned $6.08 in the first quarter, compared to $2.01 in the year-ago quarter. The current stock performance of Murphy USA shows a 52-week-high of $262.58 and a 52-week-low of $126.56. Moreover, at the end of the last trading period, the closing price was at $242.95.

With a Equal-Weight rating, Wells Fargo initiated coverage on ARKO Corp (NASDAQ:ARKO). The price target seems to have been set at $7.75 for ARKO. For the first quarter, ARKO had an EPS of $0.00, compared to year-ago quarter EPS of $0.13. The stock has a 52-week-high of $11.40 and a 52-week-low of $7.32. At the end of the last trading period, ARKO closed at $8.52.

With a Market Outperform rating, JMP Securities initiated coverage on Pharvaris NV (NASDAQ:PHVS). The price target seems to have been set at $34.00 for Pharvaris. Pharvaris earned $0.54 in the first quarter, compared to $0.80 in the year-ago quarter. The stock has a 52-week-high of $22.00 and a 52-week-low of $13.14. At the end of the last trading period, Pharvaris closed at $17.00.

With a Neutral rating, Compass Point initiated coverage on Blend Labs Inc (NYSE:BLND). The price target seems to have been set at $4.20 for Blend Labs. At the moment, the stock has a 52-week-high of $21.04 and a 52-week-low of $2.72. Blend Labs closed at $3.23 at the end of the last trading period.

With a Neutral rating, Piper Sandler initiated coverage on Amyris Inc (NASDAQ:AMRS). The price target seems to have been set at $2.50 for Amyris. In the first quarter, Amyris showed an EPS of $0.37, compared to $0.35 from the year-ago quarter. The current stock performance of Amyris shows a 52-week-high of $17.42 and a 52-week-low of $1.47. Moreover, at the end of the last trading period, the closing price was at $2.18.

B of A Securities initiated coverage on ALLETE Inc (NYSE:ALE) with a Neutral rating. The price target for ALLETE is set to $63.00. For the first quarter, ALLETE had an EPS of $1.27, compared to year-ago quarter EPS of $1.09. At the moment, the stock has a 52-week-high of $73.10 and a 52-week-low of $56.84. ALLETE closed at $61.53 at the end of the last trading period.

With a Buy rating, Citigroup initiated coverage on Amylyx Pharmaceuticals Inc (NASDAQ:AMLX). The price target seems to have been set at $21.00 for Amylyx Pharma. Amylyx Pharma earned $0.93 in the first quarter, compared to $2.33 in the year-ago quarter. The current stock performance of Amylyx Pharma shows a 52-week-high of $33.41 and a 52-week-low of $6.51. Moreover, at the end of the last trading period, the closing price was at $8.45.

Wells Fargo initiated coverage on Casey's General Stores Inc (NASDAQ:CASY) with an Overweight rating. The price target for Casey's General Stores is set to $240.00. Casey's General Stores earned $1.71 in the third quarter, compared to $1.04 in the year-ago quarter. The current stock performance of Casey's General Stores shows a 52-week-high of $223.11 and a 52-week-low of $170.82. Moreover, at the end of the last trading period, the closing price was at $201.30.

With a Buy rating, Chardan Capital initiated coverage on SQZ Biotechnologies Co (NYSE:SQZ). The price target seems to have been set at $17.00 for SQZ Biotechnologies. In the first quarter, SQZ Biotechnologies showed an EPS of $0.75, compared to $0.59 from the year-ago quarter. The current stock performance of SQZ Biotechnologies shows a 52-week-high of $16.17 and a 52-week-low of $2.73. Moreover, at the end of the last trading period, the closing price was at $3.35.

With a Buy rating, Compass Point initiated coverage on Porch Group Inc (NASDAQ:PRCH). The price target seems to have been set at $11.50 for Porch Group. Porch Group earned $0.06 in the first quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.50 and a 52-week-low of $3.27. Porch Group closed at $3.85 at the end of the last trading period.

Compass Point initiated coverage on SmartRent Inc (NYSE:SMRT) with a Buy rating. The price target for SmartRent is set to $8.00. The stock has a 52-week-high of $15.14 and a 52-week-low of $3.55. At the end of the last trading period, SmartRent closed at $5.42.

With a Neutral rating, Compass Point initiated coverage on Doma Holdings Inc (NYSE:DOMA). The price target seems to have been set at $2.00 for Doma Holdings. The current stock performance of Doma Holdings shows a 52-week-high of $9.29 and a 52-week-low of $1.28. Moreover, at the end of the last trading period, the closing price was at $1.77.

Goldman Sachs initiated coverage on Cazoo Group Ltd (NYSE:CZOO) with a Neutral rating. The price target for Cazoo Gr is set to $2.00. The stock has a 52-week-high of $10.13 and a 52-week-low of $1.05. At the end of the last trading period, Cazoo Gr closed at $1.39.

See all analyst ratings initiations.

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