Benzinga's Top Ratings Upgrades, Downgrades For January 27, 2022
Upgrades
According to Evercore ISI Group, the prior rating for Clean Energy Fuels Corp (NASDAQ:CLNE) was changed from Underperform to Outperform. For the third quarter, Clean Energy Fuels had an EPS of $0.01, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $19.79 and a 52-week-low of $4.70. Clean Energy Fuels closed at $5.70 at the end of the last trading period.
According to Jefferies, the prior rating for HEXO Corp (NASDAQ:HEXO) was changed from Underperform to Hold. In the first quarter, HEXO showed an EPS of $0.46, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $11.04 and a 52-week-low of $0.46. At the end of the last trading period, HEXO closed at $0.49.
Seaport Global upgraded the previous rating for CarMax Inc (NYSE:KMX) from Neutral to Buy. CarMax earned $1.53 in the third quarter, compared to $1.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $155.98 and a 52-week-low of $102.47. CarMax closed at $107.75 at the end of the last trading period.
Cantor Fitzgerald upgraded the previous rating for Alkermes PLC (NASDAQ:ALKS) from Neutral to Overweight. In the third quarter, Alkermes showed an EPS of $0.14, compared to $0.26 from the year-ago quarter. The current stock performance of Alkermes shows a 52-week-high of $33.00 and a 52-week-low of $18.02. Moreover, at the end of the last trading period, the closing price was at $25.01.
B of A Securities upgraded the previous rating for KB Home (NYSE:KBH) from Neutral to Buy. For the fourth quarter, KB Home had an EPS of $1.91, compared to year-ago quarter EPS of $1.12. The current stock performance of KB Home shows a 52-week-high of $52.48 and a 52-week-low of $38.05. Moreover, at the end of the last trading period, the closing price was at $40.22.
B of A Securities upgraded the previous rating for Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) from Neutral to Buy. In the second quarter, Mitsubishi UFJ Financial showed an EPS of $0.28, compared to $0.16 from the year-ago quarter. The current stock performance of Mitsubishi UFJ Financial shows a 52-week-high of $6.30 and a 52-week-low of $4.53. Moreover, at the end of the last trading period, the closing price was at $6.02.
Truist Securities upgraded the previous rating for Equifax Inc (NYSE:EFX) from Hold to Buy. Equifax earned $1.85 in the third quarter, compared to $1.87 in the year-ago quarter. The current stock performance of Equifax shows a 52-week-high of $300.11 and a 52-week-low of $161.87. Moreover, at the end of the last trading period, the closing price was at $226.61.
According to Citigroup, the prior rating for Galapagos NV (NASDAQ:GLPG) was changed from Neutral to Buy. Galapagos earned $1.17 in the third quarter, compared to $4.45 in the year-ago quarter. The stock has a 52-week-high of $112.03 and a 52-week-low of $46.41. At the end of the last trading period, Galapagos closed at $53.32.
For Cronos Group Inc (NASDAQ:CRON), Jefferies upgraded the previous rating of Underperform to Hold. For the second quarter, Cronos Group had an EPS of $0.15, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $15.83 and a 52-week-low of $3.12. At the end of the last trading period, Cronos Group closed at $3.41.
For Corning Inc (NYSE:GLW), Goldman Sachs upgraded the previous rating of Neutral to Buy. Corning earned $0.54 in the fourth quarter, compared to $0.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.82 and a 52-week-low of $33.93. Corning closed at $39.24 at the end of the last trading period.
For First Commonwealth Financial Corp (NYSE:FCF), B. Riley Securities upgraded the previous rating of Neutral to Buy. For the fourth quarter, First Commonwealth had an EPS of $0.37, compared to year-ago quarter EPS of $0.27. The current stock performance of First Commonwealth shows a 52-week-high of $17.63 and a 52-week-low of $11.53. Moreover, at the end of the last trading period, the closing price was at $16.04.
According to Piper Sandler, the prior rating for ServiceNow Inc (NYSE:NOW) was changed from Neutral to Overweight. ServiceNow earned $1.46 in the fourth quarter, compared to $1.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $707.60 and a 52-week-low of $448.27. ServiceNow closed at $484.42 at the end of the last trading period.
According to Jefferies, the prior rating for Cross Country Healthcare Inc (NASDAQ:CCRN) was changed from Hold to Buy. In the third quarter, Cross Country Healthcare showed an EPS of $0.61, compared to $0.12 from the year-ago quarter. The stock has a 52-week-high of $30.40 and a 52-week-low of $8.60. At the end of the last trading period, Cross Country Healthcare closed at $17.92.
For GitLab Inc (NASDAQ:GTLB), JP Morgan upgraded the previous rating of Neutral to Overweight. For the third quarter, GitLab had an EPS of $0.34, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $137.00 and a 52-week-low of $53.13. GitLab closed at $57.74 at the end of the last trading period.
For Albemarle Corp (NYSE:ALB), HSBC upgraded the previous rating of Hold to Buy. In the third quarter, Albemarle showed an EPS of $1.05, compared to $1.09 from the year-ago quarter. The current stock performance of Albemarle shows a 52-week-high of $291.48 and a 52-week-low of $133.82. Moreover, at the end of the last trading period, the closing price was at $205.62.
See all analyst ratings upgrades.
Downgrades
Compass Point downgraded the previous rating for Randolph Bancorp Inc (NASDAQ:RNDB) from Buy to Neutral. For the fourth quarter, Randolph Bancorp had an EPS of $0.17, compared to year-ago quarter EPS of $1.06. At the moment, the stock has a 52-week-high of $27.40 and a 52-week-low of $17.68. Randolph Bancorp closed at $25.55 at the end of the last trading period.
For WPP PLC (NYSE:WPP), B of A Securities downgraded the previous rating of Neutral to Underperform. For the third quarter, WPP had an EPS of $0.05, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $82.31 and a 52-week-low of $51.86. At the end of the last trading period, WPP closed at $77.45.
B of A Securities downgraded the previous rating for Toll Brothers Inc (NYSE:TOL) from Buy to Underperform. In the fourth quarter, Toll Brothers showed an EPS of $3.02, compared to $1.55 from the year-ago quarter. The current stock performance of Toll Brothers shows a 52-week-high of $75.61 and a 52-week-low of $49.51. Moreover, at the end of the last trading period, the closing price was at $56.17.
For Luther Burbank Corp (NASDAQ:LBC), DA Davidson downgraded the previous rating of Buy to Neutral. Luther Burbank earned $0.45 in the fourth quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Luther Burbank shows a 52-week-high of $15.37 and a 52-week-low of $9.18. Moreover, at the end of the last trading period, the closing price was at $13.47.
For Teva Pharmaceutical Industries Ltd (NYSE:TEVA), Argus Research downgraded the previous rating of Buy to Hold. Teva Pharmaceutical Indus earned $0.59 in the third quarter, compared to $0.58 in the year-ago quarter. At the moment, the stock has a 52-week-high of $13.30 and a 52-week-low of $7.73. Teva Pharmaceutical Indus closed at $8.41 at the end of the last trading period.
For MarketAxess Holdings Inc (NASDAQ:MKTX), Compass Point downgraded the previous rating of Neutral to Sell. MarketAxess Holdings earned $1.37 in the fourth quarter, compared to $1.91 in the year-ago quarter. The current stock performance of MarketAxess Holdings shows a 52-week-high of $589.25 and a 52-week-low of $330.55. Moreover, at the end of the last trading period, the closing price was at $332.65.
For Hayward Holdings Inc (NYSE:HAYW), B of A Securities downgraded the previous rating of Buy to Neutral. The current stock performance of Hayward Holdings shows a 52-week-high of $28.65 and a 52-week-low of $15.61. Moreover, at the end of the last trading period, the closing price was at $18.12.
According to B of A Securities, the prior rating for Lennar Corp (NYSE:LEN) was changed from Buy to Neutral. In the fourth quarter, Lennar showed an EPS of $4.36, compared to $2.82 from the year-ago quarter. The stock has a 52-week-high of $117.54 and a 52-week-low of $77.86. At the end of the last trading period, Lennar closed at $93.15.
According to B of A Securities, the prior rating for The Interpublic Group of Companies Inc (NYSE:IPG) was changed from Neutral to Underperform. For the third quarter, Interpublic Gr of Cos had an EPS of $0.63, compared to year-ago quarter EPS of $0.53. At the moment, the stock has a 52-week-high of $39.35 and a 52-week-low of $23.89. Interpublic Gr of Cos closed at $35.45 at the end of the last trading period.
For TransUnion (NYSE:TRU), Truist Securities downgraded the previous rating of Buy to Hold. In the third quarter, TransUnion showed an EPS of $1.01, compared to $0.81 from the year-ago quarter. The stock has a 52-week-high of $125.35 and a 52-week-low of $83.11. At the end of the last trading period, TransUnion closed at $98.74.
JMP Securities downgraded the previous rating for Cortexyme Inc (NASDAQ:CRTX) from Market Outperform to Market Perform. Cortexyme earned $0.73 in the third quarter, compared to $0.73 in the year-ago quarter. At the moment, the stock has a 52-week-high of $121.98 and a 52-week-low of $5.60. Cortexyme closed at $6.21 at the end of the last trading period.
Needham downgraded the previous rating for Haemonetics Corp (NYSE:HAE) from Buy to Hold. For the second quarter, Haemonetics had an EPS of $0.60, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $142.11 and a 52-week-low of $47.06. At the end of the last trading period, Haemonetics closed at $47.41.
For Gatos Silver Inc (NYSE:GATO), Canaccord Genuity downgraded the previous rating of Buy to Hold. In the third quarter, Gatos Silver showed an EPS of $0.07, compared to $0.01 from the year-ago quarter. The current stock performance of Gatos Silver shows a 52-week-high of $24.00 and a 52-week-low of $3.00. Moreover, at the end of the last trading period, the closing price was at $3.17.
Goldman Sachs downgraded the previous rating for StoneCo Ltd (NASDAQ:STNE) from Buy to Neutral. For the third quarter, StoneCo had an EPS of $0.09, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $95.12 and a 52-week-low of $13.14. At the end of the last trading period, StoneCo closed at $14.51.
For PagSeguro Digital Ltd (NYSE:PAGS), Goldman Sachs downgraded the previous rating of Buy to Neutral. PagSeguro Digital earned $0.24 in the third quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of $62.83 and a 52-week-low of $19.05. At the end of the last trading period, PagSeguro Digital closed at $20.68.
See all analyst ratings downgrades.
Initiations
With an Outperform rating, Wolfe Research initiated coverage on Constellation Energy Corp (NASDAQ:CEGVV). The price target seems to have been set at $50.00 for Constellation Energy. The stock has a 52-week-high of $49.95 and a 52-week-low of $38.00. At the end of the last trading period, Constellation Energy closed at $43.22.
UBS initiated coverage on Dycom Industries Inc (NYSE:DY) with a Buy rating. The price target for Dycom Industries is set to $125.00. Dycom Industries earned $0.95 in the third quarter, compared to $1.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $105.28 and a 52-week-low of $62.88. Dycom Industries closed at $83.01 at the end of the last trading period.
With a Hold rating, Truist Securities initiated coverage on Alpine Income Property Trust Inc (NYSE:PINE). The price target seems to have been set at $20.00 for Alpine Income Prop Trust. Alpine Income Prop Trust earned $0.37 in the third quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $21.07 and a 52-week-low of $15.15. At the end of the last trading period, Alpine Income Prop Trust closed at $19.31.
Berenberg initiated coverage on Alteryx Inc (NYSE:AYX) with a Buy rating. The price target for Alteryx is set to $66.00. In the third quarter, Alteryx showed an EPS of $0.18, compared to $0.39 from the year-ago quarter. The stock has a 52-week-high of $140.36 and a 52-week-low of $49.67. At the end of the last trading period, Alteryx closed at $50.80.
With a Buy rating, Berenberg initiated coverage on Informatica Inc (NYSE:INFA). The price target seems to have been set at $44.00 for Informatica. In the third quarter, Informatica showed an EPS of $0.23, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $40.13 and a 52-week-low of $24.30. At the end of the last trading period, Informatica closed at $26.10.
With a Buy rating, HSBC initiated coverage on Lithium Americas Corp (NYSE:LAC). The price target seems to have been set at $36.00 for Lithium Americas. For the third quarter, Lithium Americas had an EPS of $0.14, compared to year-ago quarter EPS of $0.07. The current stock performance of Lithium Americas shows a 52-week-high of $41.56 and a 52-week-low of $11.84. Moreover, at the end of the last trading period, the closing price was at $25.31.
With a Buy rating, Truist Securities initiated coverage on Plymouth Industrial REIT Inc (NYSE:PLYM). The price target seems to have been set at $31.00 for Plymouth Industrial REIT. Plymouth Industrial REIT earned $0.31 in the third quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $32.37 and a 52-week-low of $13.96. At the end of the last trading period, Plymouth Industrial REIT closed at $26.61.
Needham initiated coverage on Planet Labs PBC (NYSE:PL) with a Buy rating. The price target for Planet Labs is set to $10.50. Planet Labs earned $1.38 in the third quarter, compared to $1.06 in the year-ago quarter. The stock has a 52-week-high of $11.65 and a 52-week-low of $4.95. At the end of the last trading period, Planet Labs closed at $5.50.
SMBC Nikko initiated coverage on Shopify Inc (NYSE:SHOP) with an Outperform rating. The price target for Shopify is set to $1200.00. Shopify earned $0.81 in the third quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $1762.92 and a 52-week-low of $780.00. At the end of the last trading period, Shopify closed at $868.92.
With an Outperform rating, SMBC Nikko initiated coverage on AvidXchange Holdings Inc (NASDAQ:AVDX). The price target seems to have been set at $15.00 for AvidXchange Holdings. AvidXchange Holdings earned $0.27 in the third quarter, compared to $0.42 in the year-ago quarter. The stock has a 52-week-high of $27.43 and a 52-week-low of $9.00. At the end of the last trading period, AvidXchange Holdings closed at $9.50.
With a Neutral rating, SMBC Nikko initiated coverage on Shift4 Payments Inc (NYSE:FOUR). The price target seems to have been set at $60.00 for Shift4 Payments. In the third quarter, Shift4 Payments showed an EPS of $0.26, compared to $0.09 from the year-ago quarter. The current stock performance of Shift4 Payments shows a 52-week-high of $104.11 and a 52-week-low of $43.09. Moreover, at the end of the last trading period, the closing price was at $46.08.
With a Buy rating, Benchmark initiated coverage on Supernova Partners Acquisition Co II Ltd (NYSE:SNII). The price target seems to have been set at $19.00 for Supernova Partners. At the moment, the stock has a 52-week-high of $12.75 and a 52-week-low of $9.62. Supernova Partners closed at $9.92 at the end of the last trading period.
Mizuho initiated coverage on The Simply Good Foods Co (NASDAQ:SMPL) with a Buy rating. The price target for Simply Good Foods is set to $46.00. For the first quarter, Simply Good Foods had an EPS of $0.43, compared to year-ago quarter EPS of $0.29. At the moment, the stock has a 52-week-high of $43.17 and a 52-week-low of $27.71. Simply Good Foods closed at $33.81 at the end of the last trading period.
Jefferies initiated coverage on Ambarella Inc (NASDAQ:AMBA) with a Buy rating. The price target for Ambarella is set to $170.00. Ambarella earned $0.57 in the third quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of $227.59 and a 52-week-low of $82.59. At the end of the last trading period, Ambarella closed at $133.31.
Jefferies initiated coverage on Luminar Technologies Inc (NASDAQ:LAZR) with a Buy rating. The price target for Luminar Technologies is set to $20.00. The current stock performance of Luminar Technologies shows a 52-week-high of $40.98 and a 52-week-low of $11.52. Moreover, at the end of the last trading period, the closing price was at $13.50.
With a Buy rating, Mizuho initiated coverage on The Hain Celestial Group Inc (NASDAQ:HAIN). The price target seems to have been set at $47.00 for Hain Celestial Group. Hain Celestial Group earned $0.25 in the first quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $48.88 and a 52-week-low of $34.16. At the end of the last trading period, Hain Celestial Group closed at $35.67.
Mizuho initiated coverage on Beyond Meat Inc (NASDAQ:BYND) with a Neutral rating. The price target for Beyond Meat is set to $59.00. Beyond Meat earned $0.87 in the third quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $221.00 and a 52-week-low of $54.58. At the end of the last trading period, Beyond Meat closed at $60.18.
With a Buy rating, Mizuho initiated coverage on BellRing Brands Inc (NYSE:BRBR). The price target seems to have been set at $33.00 for BellRing Brands. BellRing Brands earned $0.25 in the fourth quarter, compared to $0.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.19 and a 52-week-low of $20.36. BellRing Brands closed at $24.37 at the end of the last trading period.
Mizuho initiated coverage on The Hershey Co (NYSE:HSY) with a Neutral rating. The price target for Hershey is set to $196.00. In the third quarter, Hershey showed an EPS of $2.10, compared to $1.86 from the year-ago quarter. The current stock performance of Hershey shows a 52-week-high of $202.89 and a 52-week-low of $143.58. Moreover, at the end of the last trading period, the closing price was at $194.13.
Mizuho initiated coverage on Mondelez International Inc (NASDAQ:MDLZ) with a Buy rating. The price target for Mondelez International is set to $77.00. At the moment, the stock has a 52-week-high of $69.47 and a 52-week-low of $52.91. Mondelez International closed at $66.62 at the end of the last trading period.
Mizuho initiated coverage on Nomad Foods Ltd (NYSE:NOMD) with a Buy rating. The price target for Nomad Foods is set to $31.00. In the third quarter, Nomad Foods showed an EPS of $0.41, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $31.85 and a 52-week-low of $23.18. At the end of the last trading period, Nomad Foods closed at $25.09.
With a Neutral rating, Mizuho initiated coverage on Oatly Group AB (NASDAQ:OTLY). The price target seems to have been set at $7.00 for Oatly Group. The current stock performance of Oatly Group shows a 52-week-high of $29.00 and a 52-week-low of $6.11. Moreover, at the end of the last trading period, the closing price was at $6.68.
