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

Upgrades

Piper Sandler upgraded the previous rating for Boston Properties Inc BXP from Neutral to Overweight. Boston Properties earned $1.56 in the first quarter, compared to $1.83 in the year-ago quarter. The current stock performance of Boston Properties shows a 52-week-high of $123.72 and a 52-week-low of $69.69. Moreover, at the end of the last trading period, the closing price was at $123.17.
For The Wendy's Co WEN, Northland Capital Markets upgraded the previous rating of Neutral to Buy. Wendy's earned $0.20 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Wendy's shows a 52-week-high of $29.46 and a 52-week-low of $18.86. Moreover, at the end of the last trading period, the closing price was at $24.14.
According to Evercore ISI Group, the prior rating for Navigator Holdings Ltd NVGS was changed from In-Line to Outperform. In the first quarter, Navigator Holdings showed an EPS of $0.05, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.46 and a 52-week-low of $6.05. Navigator Holdings closed at $11.05 at the end of the last trading period.
For DCP Midstream LP DCP, Raymond James upgraded the previous rating of Outperform to Strong Buy. For the first quarter, DCP Midstream had an EPS of $0.19, compared to year-ago quarter EPS of $0.87. The stock has a 52-week-high of $31.52 and a 52-week-low of $9.44. At the end of the last trading period, DCP Midstream closed at $30.76.
For CRISPR Therapeutics AG CRSP, Citigroup upgraded the previous rating of Sell to Neutral. CRISPR Therapeutics earned $1.51 in the first quarter, compared to $1.15 in the year-ago quarter. The stock has a 52-week-high of $220.20 and a 52-week-low of $58.02. At the end of the last trading period, CRISPR Therapeutics closed at $127.00.
According to Raymond James, the prior rating for EnLink Midstream LLC ENLC was changed from Market Perform to Outperform. In the first quarter, EnLink Midstream showed an EPS of $0.03, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $6.33 and a 52-week-low of $2.13. At the end of the last trading period, EnLink Midstream closed at $6.25.
For Chipotle Mexican Grill Inc CMG, Raymond James upgraded the previous rating of Outperform to Strong Buy. In the first quarter, Chipotle Mexican Grill showed an EPS of $5.36, compared to $3.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $1579.52 and a 52-week-low of $964.50. Chipotle Mexican Grill closed at $1366.80 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Wedbush downgraded the previous rating for UWM Holdings Corp UWMC from Outperform to Neutral. UWM Holdings earned $0.33 in the first quarter. The current stock performance of UWM Holdings shows a 52-week-high of $12.45 and a 52-week-low of $6.25. Moreover, at the end of the last trading period, the closing price was at $10.22.
Evercore ISI Group downgraded the previous rating for Equity Residential EQR from Outperform to In-Line. For the first quarter, Equity Residential had an EPS of $0.68, compared to year-ago quarter EPS of $0.87. The current stock performance of Equity Residential shows a 52-week-high of $82.05 and a 52-week-low of $45.42. Moreover, at the end of the last trading period, the closing price was at $80.75.
According to Evercore ISI Group, the prior rating for Paramount Group Inc PGRE was changed from In-Line to Underperform. For the first quarter, Paramount Group had an EPS of $0.23, compared to year-ago quarter EPS of $0.27. At the moment, the stock has a 52-week-high of $11.64 and a 52-week-low of $5.54. Paramount Group closed at $11.44 at the end of the last trading period.
According to Citigroup, the prior rating for Core Laboratories NV CLB was changed from Neutral to Sell. Core Laboratories earned $0.15 in the first quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Core Laboratories shows a 52-week-high of $49.87 and a 52-week-low of $13.43. Moreover, at the end of the last trading period, the closing price was at $47.81.
For Physicians Realty Trust DOC, Baird downgraded the previous rating of Outperform to Neutral. For the first quarter, Physicians Realty Trust had an EPS of $0.27, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $20.13 and a 52-week-low of $16.42. At the end of the last trading period, Physicians Realty Trust closed at $19.47.
For Ferrari NV RACE, Goldman Sachs downgraded the previous rating of Buy to Sell. In the first quarter, Ferrari showed an EPS of $1.34, compared to $0.99 from the year-ago quarter. The stock has a 52-week-high of $233.66 and a 52-week-low of $164.23. At the end of the last trading period, Ferrari closed at $211.31.
According to Goldman Sachs, the prior rating for Kinder Morgan Inc KMI was changed from Neutral to Sell. In the first quarter, Kinder Morgan showed an EPS of $0.60, compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $19.29 and a 52-week-low of $11.45. At the end of the last trading period, Kinder Morgan closed at $19.14.

See all analyst ratings downgrades.

Initiations

With a Buy rating, JonesTrading initiated coverage on CymaBay Therapeutics Inc CBAY. The price target seems to have been set at $8.00 for CymaBay Therapeutics. CymaBay Therapeutics earned $0.25 in the first quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $9.06 and a 52-week-low of $3.16. At the end of the last trading period, CymaBay Therapeutics closed at $4.68.
For Oatly Group AB OTLY, William Blair initiated coverage, by setting the current rating at Outperform. The current stock performance of Oatly Group shows a 52-week-high of $28.73 and a 52-week-low of $19.99. Moreover, at the end of the last trading period, the closing price was at $28.73.
William Blair initiated coverage on Procore Technologies Inc PCOR with an Outperform rating. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
William Blair initiated coverage on Squarespace Inc SQSP with an Outperform rating. The current stock performance of Squarespace shows a 52-week-high of $59.98 and a 52-week-low of $42.82. Moreover, at the end of the last trading period, the closing price was at $59.90.
For Halozyme Therapeutics Inc HALO, Evercore ISI Group initiated coverage, by setting the current rating at Outperform. In the first quarter, Halozyme Therapeutics showed an EPS of $0.37, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $56.40 and a 52-week-low of $22.11. Halozyme Therapeutics closed at $42.79 at the end of the last trading period.
With an Overweight rating, JP Morgan initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $115.00 for Procore Technologies. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
With a Buy rating, B. Riley Securities initiated coverage on iMedia Brands Inc IMBI. The price target seems to have been set at $22.00 for iMedia Brands. For the first quarter, iMedia Brands had an EPS of $0.21, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $10.48 and a 52-week-low of $2.81. At the end of the last trading period, iMedia Brands closed at $8.70.
With a Buy rating, Canaccord Genuity initiated coverage on The Original BARK Co BARK. The price target seems to have been set at $16.00 for Original BARK. The stock has a 52-week-high of $175.00 and a 52-week-low of $10.38. At the end of the last trading period, Original BARK closed at $11.87.
With a Equal-Weight rating, Morgan Stanley initiated coverage on CME Group Inc CME. The price target seems to have been set at $228.00 for CME Group. CME Group earned $1.79 in the first quarter, compared to $2.33 in the year-ago quarter. The stock has a 52-week-high of $221.82 and a 52-week-low of $146.89. At the end of the last trading period, CME Group closed at $214.46.
Goldman Sachs initiated coverage on Hess Midstream LP HESM with a Buy rating. The price target for Hess Midstream is set to $30.00. In the first quarter, Hess Midstream showed an EPS of $0.43, compared to $0.35 from the year-ago quarter. The current stock performance of Hess Midstream shows a 52-week-high of $26.47 and a 52-week-low of $14.56. Moreover, at the end of the last trading period, the closing price was at $26.01.
With a Buy rating, Citigroup initiated coverage on Squarespace Inc SQSP. The price target seems to have been set at $75.00 for Squarespace. The stock has a 52-week-high of $59.98 and a 52-week-low of $42.82. At the end of the last trading period, Squarespace closed at $59.90.
WithWith a Buy rating, Stifel initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $100.00 for Procore Technologies. The stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. At the end of the last trading period, Procore Technologies closed at $83.99.
With an Overweight rating, Piper Sandler initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $100.00 for Procore Technologies. The stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. At the end of the last trading period, Procore Technologies closed at $83.99.
RBC Capital initiated coverage on Squarespace Inc SQSP with a Sector Perform rating. The price target for Squarespace is set to $62.00. At the moment, the stock has a 52-week-high of $59.98 and a 52-week-low of $42.82. Squarespace closed at $59.90 at the end of the last trading period.
With an Overweight rating, Barclays initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $104.00 for Procore Technologies. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
RBC Capital initiated coverage on Oatly Group AB OTLY with a Sector Perform rating. The price target for Oatly Group is set to $28.00. The current stock performance of Oatly Group shows a 52-week-high of $28.73 and a 52-week-low of $19.99. Moreover, at the end of the last trading period, the closing price was at $28.73.
Raymond James initiated coverage on Squarespace Inc SQSP with an Outperform rating. The price target for Squarespace is set to $70.00. At the moment, the stock has a 52-week-high of $59.98 and a 52-week-low of $42.82. Squarespace closed at $59.90 at the end of the last trading period.
Oppenheimer initiated coverage on Oatly Group AB OTLY with a Perform rating. The stock has a 52-week-high of $28.73 and a 52-week-low of $19.99. At the end of the last trading period, Oatly Group closed at $28.73.
With a Neutral rating, Goldman Sachs initiated coverage on Silvergate Capital Corp SI. The price target seems to have been set at $120.00 for Silvergate Capital. In the first quarter, Silvergate Capital showed an EPS of $0.55, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $187.86 and a 52-week-low of $12.05. Silvergate Capital closed at $96.36 at the end of the last trading period.
With a Hold rating, Jefferies initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $90.00 for Procore Technologies. The stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. At the end of the last trading period, Procore Technologies closed at $83.99.
Goldman Sachs initiated coverage on Procore Technologies Inc PCOR with a Neutral rating. The price target for Procore Technologies is set to $84.00. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
With a Buy rating, HC Wainwright & Co. initiated coverage on Metacrine Inc MTCR. The price target seems to have been set at $15.00 for Metacrine. Metacrine earned $0.57 in the first quarter. At the moment, the stock has a 52-week-high of $11.65 and a 52-week-low of $3.30. Metacrine closed at $4.14 at the end of the last trading period.
Canaccord Genuity initiated coverage on Procore Technologies Inc PCOR with a Buy rating. The price target for Procore Technologies is set to $100.00. At the moment, the stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. Procore Technologies closed at $83.99 at the end of the last trading period.
With an Overweight rating, Keybanc initiated coverage on Squarespace Inc SQSP. The price target seems to have been set at $70.00 for Squarespace. The current stock performance of Squarespace shows a 52-week-high of $59.98 and a 52-week-low of $42.82. Moreover, at the end of the last trading period, the closing price was at $59.90.
Keybanc initiated coverage on Procore Technologies Inc PCOR with an Overweight rating. The price target for Procore Technologies is set to $105.00. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.