Benzinga's Top Ratings Upgrades, Downgrades For July 6, 2021

Upgrades

According to Citigroup, the prior rating for ORIC Pharmaceuticals Inc ORIC was changed from Neutral to Buy. For the first quarter, ORIC Pharmaceuticals had an EPS of $0.45, compared to year-ago quarter EPS of $4.46. The current stock performance of ORIC Pharmaceuticals shows a 52-week-high of $40.81 and a 52-week-low of $16.92. Moreover, at the end of the last trading period, the closing price was at $18.00.
Loop Capital upgraded the previous rating for Union Pacific Corp UNP from Hold to Buy. For the first quarter, Union Pacific had an EPS of $2.00, compared to year-ago quarter EPS of $2.15. At the moment, the stock has a 52-week-high of $231.26 and a 52-week-low of $164.66. Union Pacific closed at $224.72 at the end of the last trading period.
According to UBS, the prior rating for DTE Energy Co DTE was changed from Neutral to Buy. For the first quarter, DTE Energy had an EPS of $2.44, compared to year-ago quarter EPS of $1.76. At the moment, the stock has a 52-week-high of $145.43 and a 52-week-low of $104.20. DTE Energy closed at $111.74 at the end of the last trading period.
For Dominion Energy Inc D, Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. Dominion Energy earned $1.09 in the first quarter, compared to $1.09 in the year-ago quarter. The current stock performance of Dominion Energy shows a 52-week-high of $86.95 and a 52-week-low of $67.85. Moreover, at the end of the last trading period, the closing price was at $74.21.
Evercore ISI Group upgraded the previous rating for Waters Corp WAT from In-Line to Outperform. In the first quarter, Waters showed an EPS of $2.29, compared to $1.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $356.14 and a 52-week-low of $180.70. Waters closed at $355.49 at the end of the last trading period.
For Hologic Inc HOLX, Evercore ISI Group upgraded the previous rating of In-Line to Outperform. Hologic earned $2.59 in the second quarter, compared to $0.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $85.00 and a 52-week-low of $56.30. Hologic closed at $67.71 at the end of the last trading period.
For CyrusOne Inc CONE, BMO Capital upgraded the previous rating of Market Perform to Outperform. In the first quarter, CyrusOne showed an EPS of $1.00, compared to $0.97 from the year-ago quarter. At the moment, the stock has a 52-week-high of $86.77 and a 52-week-low of $61.64. CyrusOne closed at $71.20 at the end of the last trading period.
For Principal Financial Group Inc PFG, Credit Suisse upgraded the previous rating of Neutral to Outperform. For the first quarter, Principal Financial Gr had an EPS of $1.53, compared to year-ago quarter EPS of $1.15. The current stock performance of Principal Financial Gr shows a 52-week-high of $67.97 and a 52-week-low of $37.03. Moreover, at the end of the last trading period, the closing price was at $63.27.
BMO Capital upgraded the previous rating for Bright Horizons Family Solutions Inc BFAM from Market Perform to Outperform. Bright Horizons Family earned $0.23 in the first quarter, compared to $0.74 in the year-ago quarter. The stock has a 52-week-high of $182.50 and a 52-week-low of $105.86. At the end of the last trading period, Bright Horizons Family closed at $148.79.
For Ingersoll Rand Inc IR, Goldman Sachs upgraded the previous rating of Neutral to Buy. Ingersoll Rand earned $0.45 in the first quarter, compared to $0.25 in the year-ago quarter. The current stock performance of Ingersoll Rand shows a 52-week-high of $52.12 and a 52-week-low of $27.16. Moreover, at the end of the last trading period, the closing price was at $48.59.
According to Goldman Sachs, the prior rating for American Express Co AXP was changed from Neutral to Buy. American Express earned $2.74 in the first quarter, compared to $1.98 in the year-ago quarter. At the moment, the stock has a 52-week-high of $170.41 and a 52-week-low of $89.11. American Express closed at $168.50 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Citigroup downgraded the previous rating for Domino's Pizza Inc DPZ from Buy to Neutral. For the first quarter, Domino's Pizza had an EPS of $3.00, compared to year-ago quarter EPS of $3.07. The stock has a 52-week-high of $475.57 and a 52-week-low of $319.71. At the end of the last trading period, Domino's Pizza closed at $474.24.
For Alliant Energy Corp LNT, Scotiabank downgraded the previous rating of Sector Outperform to Sector Perform. Alliant Energy earned $0.68 in the first quarter, compared to $0.72 in the year-ago quarter. The current stock performance of Alliant Energy shows a 52-week-high of $59.10 and a 52-week-low of $45.99. Moreover, at the end of the last trading period, the closing price was at $56.42.
According to Goldman Sachs, the prior rating for Limelight Networks Inc LLNW was changed from Neutral to Sell. In the first quarter, Limelight Networks showed an EPS of $0.09, compared to $0.00 from the year-ago quarter. The current stock performance of Limelight Networks shows a 52-week-high of $8.19 and a 52-week-low of $2.76. Moreover, at the end of the last trading period, the closing price was at $3.10.
For Nevro Corp NVRO, Baird downgraded the previous rating of Outperform to Neutral. In the first quarter, Nevro showed an EPS of $0.85, compared to $0.78 from the year-ago quarter. The current stock performance of Nevro shows a 52-week-high of $188.14 and a 52-week-low of $111.87. Moreover, at the end of the last trading period, the closing price was at $163.29.
According to UBS, the prior rating for Virgin Galactic Holdings Inc SPCE was changed from Buy to Neutral. For the first quarter, Virgin Galactic Hldgs had an EPS of $0.55, compared to year-ago quarter EPS of $0.30. The current stock performance of Virgin Galactic Hldgs shows a 52-week-high of $62.80 and a 52-week-low of $14.27. Moreover, at the end of the last trading period, the closing price was at $44.94.
For 3M Co MMM, Credit Suisse downgraded the previous rating of Outperform to Neutral. 3M earned $2.77 in the first quarter, compared to $2.16 in the year-ago quarter. The current stock performance of 3M shows a 52-week-high of $208.95 and a 52-week-low of $148.80. Moreover, at the end of the last trading period, the closing price was at $199.89.
Jefferies downgraded the previous rating for Atotech Ltd ATC from Buy to Hold. Interestingly, in the first quarter, Atotech's EPS was $0.55. At the moment, the stock has a 52-week-high of $26.67 and a 52-week-low of $17.00. Atotech closed at $25.22 at the end of the last trading period.
For Santander Consumer USA Holdings Inc SC, BMO Capital downgraded the previous rating of Outperform to Market Perform. Santander Consumer USA earned $2.42 in the first quarter, compared to $0.01 in the year-ago quarter. The current stock performance of Santander Consumer USA shows a 52-week-high of $41.10 and a 52-week-low of $16.03. Moreover, at the end of the last trading period, the closing price was at $40.56.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Roth Capital initiated coverage on Zeta Global Holdings Corp ZETA. The price target seems to have been set at $16.50 for Zeta Global Holdings. At the moment, the stock has a 52-week-high of $9.44 and a 52-week-low of $7.77. Zeta Global Holdings closed at $8.09 at the end of the last trading period.
With a Buy rating, B of A Securities initiated coverage on Janux Therapeutics Inc JANX. The price target seems to have been set at $35.00 for Janux Therapeutics. At the moment, the stock has a 52-week-high of $37.99 and a 52-week-low of $16.32. Janux Therapeutics closed at $25.40 at the end of the last trading period.
B of A Securities initiated coverage on TaskUs Inc TASK with a Buy rating. The price target for TaskUs is set to $41.00. The current stock performance of TaskUs shows a 52-week-high of $35.62 and a 52-week-low of $27.06. Moreover, at the end of the last trading period, the closing price was at $32.39.
With a Buy rating, UBS initiated coverage on LifeStance Health Group Inc LFST. The price target seems to have been set at $34.00 for LifeStance Health Group. At the moment, the stock has a 52-week-high of $29.67 and a 52-week-low of $19.55. LifeStance Health Group closed at $27.60 at the end of the last trading period.
For Marqeta Inc MQ, Wolfe Research initiated coverage, by setting the current rating at Peer Perform. The current stock performance of Marqeta shows a 52-week-high of $32.75 and a 52-week-low of $27.33. Moreover, at the end of the last trading period, the closing price was at $29.69.
Cantor Fitzgerald initiated coverage on Hyliion Holdings Corp HYLN with an Overweight rating. The price target for Hyliion Holdings is set to $17.00. In the first quarter, Hyliion Holdings earned $0.10. At the moment, the stock has a 52-week-high of $44.90 and a 52-week-low of $7.69. Hyliion Holdings closed at $10.83 at the end of the last trading period.
With an Outperform rating, SVB Leerink initiated coverage on Talkspace Inc TALK. The price target seems to have been set at $11.00 for Talkspace. Moreover, at the end of the last trading period, the closing price was at $7.85.
For Squarespace Inc SQSP, Guggenheim initiated coverage, by setting the current rating at Buy. The current stock performance of Squarespace shows a 52-week-high of $64.71 and a 52-week-low of $42.82. Moreover, at the end of the last trading period, the closing price was at $57.01.
With a Market Outperform rating, JMP Securities initiated coverage on 1stdibs.com Inc DIBS. The price target seems to have been set at $31.00 for 1stdibs.com. The current stock performance of 1stdibs.com shows a 52-week-high of $35.46 and a 52-week-low of $20.70. Moreover, at the end of the last trading period, the closing price was at $25.79.
Cowen & Co. initiated coverage on Monday.Com Ltd MNDY with an Outperform rating. The price target for Monday.Com is set to $275.00. The stock has a 52-week-high of $237.50 and a 52-week-low of $155.01. At the end of the last trading period, Monday.Com closed at $229.23.
HSBC initiated coverage on Zymergen Inc ZY with a Hold rating. The price target for Zymergen is set to $42.00. Zymergen earned $6.51 in the first quarter. The stock has a 52-week-high of $52.00 and a 52-week-low of $25.75. At the end of the last trading period, Zymergen closed at $41.00.
With a Buy rating, HC Wainwright & Co. initiated coverage on Axcella Health Inc AXLA. The price target seems to have been set at $14.00 for Axcella Health. Axcella Health earned $0.40 in the first quarter, compared to $0.65 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.84 and a 52-week-low of $3.03. Axcella Health closed at $3.97 at the end of the last trading period.
HC Wainwright & Co. initiated coverage on Janux Therapeutics Inc JANX with a Buy rating. The price target for Janux Therapeutics is set to $35.00. At the moment, the stock has a 52-week-high of $37.99 and a 52-week-low of $16.32. Janux Therapeutics closed at $25.40 at the end of the last trading period.
Goldman Sachs initiated coverage on Frontier Communications Parent Inc FYBR with a Buy rating. The price target for Frontier Communications is set to $42.00. The stock has a 52-week-high of $30.30 and a 52-week-low of $23.24. At the end of the last trading period, Frontier Communications closed at $28.00.
With an Overweight rating, Atlantic Equities initiated coverage on Arthur J. Gallagher & Co AJG. The price target seems to have been set at $175.00 for Arthur J. Gallagher. For the first quarter, Arthur J. Gallagher had an EPS of $2.02, compared to year-ago quarter EPS of $1.83. The stock has a 52-week-high of $154.03 and a 52-week-low of $96.00. At the end of the last trading period, Arthur J. Gallagher closed at $140.30.
Morgan Stanley initiated coverage on Zhangmen Education Inc ZME with a Equal-Weight rating. The price target for Zhangmen Education is set to $13.00. The current stock performance of Zhangmen Education shows a 52-week-high of $20.52 and a 52-week-low of $10.37. Moreover, at the end of the last trading period, the closing price was at $11.12.
Piper Sandler initiated coverage on Skillsoft Corp SKIL with a Neutral rating. The price target for Skillsoft is set to $11.00. At the end of the last trading period, Skillsoft closed at $10.10.