Benzinga's Top Ratings Upgrades, Downgrades For May 14, 2021

Upgrades

Canaccord Genuity upgraded the previous rating for Mogo Inc MOGO from Hold to Speculative Buy. For the first quarter, Mogo had an EPS of $0.06, compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $12.29 and a 52-week-low of $0.80. At the end of the last trading period, Mogo closed at $6.73.
For Tuya Inc TUYA, B of A Securities upgraded the previous rating of Neutral to Buy. Tuya earned $0.09 in the first quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.65 and a 52-week-low of $15.70. Tuya closed at $16.96 at the end of the last trading period.
Wolfe Research upgraded the previous rating for Spirit Airlines Inc SAVE from Underperform to Peer Perform. For the first quarter, Spirit Airlines had an EPS of $2.48, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $40.77 and a 52-week-low of $7.25. At the end of the last trading period, Spirit Airlines closed at $33.17.
According to Wells Fargo, the prior rating for DoorDash Inc DASH was changed from Equal-Weight to Overweight. Interestingly, in the first quarter, DoorDash's EPS was $0.34. The current stock performance of DoorDash shows a 52-week-high of $256.09 and a 52-week-low of $110.13. Moreover, at the end of the last trading period, the closing price was at $115.48.
According to Argus Research, the prior rating for Adtran Inc ADTN was changed from Hold to Buy. For the first quarter, Adtran had an EPS of $0.13, compared to year-ago quarter EPS of $0.05. The current stock performance of Adtran shows a 52-week-high of $20.35 and a 52-week-low of $9.66. Moreover, at the end of the last trading period, the closing price was at $19.01.
For Central Garden & Pet Co CENT, Argus Research upgraded the previous rating of Hold to Buy. For the second quarter, Central Garden & Pet had an EPS of $1.32, compared to year-ago quarter EPS of $0.78. The stock has a 52-week-high of $62.91 and a 52-week-low of $33.03. At the end of the last trading period, Central Garden & Pet closed at $57.33.
Alliance Global Partners upgraded the previous rating for GrowGeneration Corp GRWG from Neutral to Buy. Interestingly, in the first quarter, GrowGeneration's EPS was $0.10. The current stock performance of GrowGeneration shows a 52-week-high of $67.75 and a 52-week-low of $4.53. Moreover, at the end of the last trading period, the closing price was at $35.53.
Oppenheimer upgraded the previous rating for Unity Software Inc U from Perform to Outperform. Interestingly, in the first quarter, Unity Software's EPS was $0.10. At the moment, the stock has a 52-week-high of $174.94 and a 52-week-low of $65.11. Unity Software closed at $80.94 at the end of the last trading period.
For Aurora Cannabis Inc ACB, BMO Capital upgraded the previous rating of Underperform to Market Perform. For the third quarter, Aurora Cannabis had an EPS of $0.67, compared to year-ago quarter EPS of $1.02. At the moment, the stock has a 52-week-high of $19.68 and a 52-week-low of $3.71. Aurora Cannabis closed at $7.34 at the end of the last trading period.
For DoorDash Inc DASH, Truist Securities upgraded the previous rating of Hold to Buy. DoorDash earned $0.34 in the first quarter. At the moment, the stock has a 52-week-high of $256.09 and a 52-week-low of $110.13. DoorDash closed at $115.48 at the end of the last trading period.
According to Wells Fargo, the prior rating for Airbnb Inc ABNB was changed from Equal-Weight to Overweight. Airbnb earned $1.14 in the first quarter. The stock has a 52-week-high of $219.94 and a 52-week-low of $121.50. At the end of the last trading period, Airbnb closed at $135.75.
According to Ladenburg Thalmann, the prior rating for GrowGeneration Corp GRWG was changed from Neutral to Buy. In the first quarter, GrowGeneration earned $0.10. The stock has a 52-week-high of $67.75 and a 52-week-low of $4.53. At the end of the last trading period, GrowGeneration closed at $35.53.
Evercore ISI Group upgraded the previous rating for Host Hotels & Resorts Inc HST from In-Line to Outperform. In the first quarter, Host Hotels & Resorts showed an EPS of $0.01, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.52 and a 52-week-low of $9.06. Host Hotels & Resorts closed at $16.70 at the end of the last trading period.
For Snowflake Inc SNOW, Goldman Sachs upgraded the previous rating of Neutral to Buy. Snowflake earned $0.16 in the fourth quarter. The current stock performance of Snowflake shows a 52-week-high of $429.00 and a 52-week-low of $184.71. Moreover, at the end of the last trading period, the closing price was at $188.20.
According to Goldman Sachs, the prior rating for AMC Networks Inc AMCX was changed from Sell to Neutral. In the first quarter, AMC Networks showed an EPS of $2.98, compared to $1.47 from the year-ago quarter. The current stock performance of AMC Networks shows a 52-week-high of $83.63 and a 52-week-low of $20.16. Moreover, at the end of the last trading period, the closing price was at $47.45.
BMO Capital upgraded the previous rating for CubeSmart CUBE from Market Perform to Outperform. In the first quarter, CubeSmart showed an EPS of $0.47, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $43.11 and a 52-week-low of $23.23. At the end of the last trading period, CubeSmart closed at $41.86.
According to Jefferies, the prior rating for Churchill Downs Inc CHDN was changed from Hold to Buy. In the first quarter, Churchill Downs showed an EPS of $0.87, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $258.32 and a 52-week-low of $94.03. At the end of the last trading period, Churchill Downs closed at $190.22.
Stifel upgraded the previous rating for Vertex Energy Inc VTNR from Hold to Buy. Vertex Energy earned $0.01 in the first quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $3.14 and a 52-week-low of $0.40. Vertex Energy closed at $1.70 at the end of the last trading period.
For GrowGeneration Corp GRWG, Roth Capital upgraded the previous rating of Neutral to Buy. GrowGeneration earned $0.10 in the first quarter. The current stock performance of GrowGeneration shows a 52-week-high of $67.75 and a 52-week-low of $4.53. Moreover, at the end of the last trading period, the closing price was at $35.53.

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Downgrades

According to Canaccord Genuity, the prior rating for Aurora Cannabis Inc ACB was changed from Hold to Sell. In the third quarter, Aurora Cannabis showed an EPS of $0.67, compared to $1.02 from the year-ago quarter. The stock has a 52-week-high of $19.68 and a 52-week-low of $3.71. At the end of the last trading period, Aurora Cannabis closed at $7.34.
For BioLife Solutions Inc BLFS, Benchmark downgraded the previous rating of Buy to Hold. BioLife Solutions earned $0.01 in the first quarter, compared to $0.06 in the year-ago quarter. The current stock performance of BioLife Solutions shows a 52-week-high of $47.97 and a 52-week-low of $13.76. Moreover, at the end of the last trading period, the closing price was at $29.53.
BMO Capital downgraded the previous rating for Extra Space Storage Inc EXR from Outperform to Market Perform. For the first quarter, Extra Space Storage had an EPS of $1.50, compared to year-ago quarter EPS of $1.24. The current stock performance of Extra Space Storage shows a 52-week-high of $149.43 and a 52-week-low of $80.86. Moreover, at the end of the last trading period, the closing price was at $144.95.
Scotiabank downgraded the previous rating for Ternium SA TX from Outperform to Sector Perform. Ternium earned $3.07 in the first quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $41.98 and a 52-week-low of $12.28. At the end of the last trading period, Ternium closed at $39.67.
For Lumentum Holdings Inc LITE, JP Morgan downgraded the previous rating of Overweight to Neutral. In the third quarter, Lumentum Holdings showed an EPS of $1.40, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $112.08 and a 52-week-low of $65.67. Lumentum Holdings closed at $67.43 at the end of the last trading period.

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Initiations

Piper Sandler initiated coverage on Coinbase Global Inc COIN with an Overweight rating. The price target for Coinbase Global is set to $335.00. Interestingly, in the first quarter, Coinbase Global's EPS was $3.05. The stock has a 52-week-high of $429.54 and a 52-week-low of $250.51. At the end of the last trading period, Coinbase Global closed at $265.10.
With a Buy rating, Berenberg initiated coverage on KnowBe4 Inc KNBE. The price target seems to have been set at $22.00 for KnowBe4. The current stock performance of KnowBe4 shows a 52-week-high of $26.98 and a 52-week-low of $17.10. Moreover, at the end of the last trading period, the closing price was at $17.55.
RBC Capital initiated coverage on Verrica Pharmaceuticals Inc VRCA with an Outperform rating. The price target for Verrica Pharmaceuticals is set to $19.00. In the fourth quarter, Verrica Pharmaceuticals showed an EPS of $0.52, compared to $0.31 from the year-ago quarter. The current stock performance of Verrica Pharmaceuticals shows a 52-week-high of $18.42 and a 52-week-low of $6.02. Moreover, at the end of the last trading period, the closing price was at $11.67.
RBC Capital initiated coverage on MannKind Corp MNKD with a Sector Perform rating. The price target for MannKind is set to $5.00. MannKind earned $0.05 in the first quarter, compared to $0.04 in the year-ago quarter. The current stock performance of MannKind shows a 52-week-high of $6.25 and a 52-week-low of $1.14. Moreover, at the end of the last trading period, the closing price was at $4.03.
With an Outperform rating, Wolfe Research initiated coverage on Live Nation Entertainment Inc LYV. The price target seems to have been set at $97.00 for Live Nation Entertainment. In the first quarter, Live Nation Entertainment showed an EPS of $1.44, compared to $0.94 from the year-ago quarter. The current stock performance of Live Nation Entertainment shows a 52-week-high of $94.63 and a 52-week-low of $36.01. Moreover, at the end of the last trading period, the closing price was at $81.28.
B. Riley Securities initiated coverage on Allogene Therapeutics Inc ALLO with a Buy rating. The price target for Allogene Therapeutics is set to $52.00. For the first quarter, Allogene Therapeutics had an EPS of $0.25, compared to year-ago quarter EPS of $0.50. The current stock performance of Allogene Therapeutics shows a 52-week-high of $55.00 and a 52-week-low of $24.85. Moreover, at the end of the last trading period, the closing price was at $26.94.
With a Buy rating, B. Riley Securities initiated coverage on Forte Biosciences Inc FBRX. The price target seems to have been set at $73.00 for Forte Biosciences. Interestingly, in the first quarter, Forte Biosciences's EPS was $0.36. The current stock performance of Forte Biosciences shows a 52-week-high of $53.99 and a 52-week-low of $17.90. Moreover, at the end of the last trading period, the closing price was at $31.50.
With a Buy rating, Goldman Sachs initiated coverage on MongoDB Inc MDB. The price target seems to have been set at $310.00 for MongoDB. In the fourth quarter, MongoDB showed an EPS of $0.33, compared to $0.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $428.96 and a 52-week-low of $185.66. MongoDB closed at $244.74 at the end of the last trading period.
Goldman Sachs initiated coverage on Dropbox Inc DBX with a Sell rating. The price target for Dropbox is set to $26.00. For the first quarter, Dropbox had an EPS of $0.35, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $28.33 and a 52-week-low of $17.66. At the end of the last trading period, Dropbox closed at $24.44.
Goldman Sachs initiated coverage on SolarWinds Corp SWI with a Sell rating. The price target for SolarWinds is set to $16.00. For the first quarter, SolarWinds had an EPS of $0.23, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $24.34 and a 52-week-low of $13.98. SolarWinds closed at $16.00 at the end of the last trading period.
With a Neutral rating, Goldman Sachs initiated coverage on Anaplan Inc PLAN. The price target seems to have been set at $60.00 for Anaplan. For the fourth quarter, Anaplan had an EPS of $0.07, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $86.17 and a 52-week-low of $39.16. At the end of the last trading period, Anaplan closed at $52.23.