Benzinga's Top Ratings Upgrades, Downgrades For February 28, 2022

Comments
Loading...

Upgrades

According to DA Davidson, the prior rating for Envestnet Inc ENV was changed from Neutral to Buy. In the fourth quarter, Envestnet showed an EPS of $0.50, compared to $0.69 from the year-ago quarter. The current stock performance of Envestnet shows a 52-week-high of $85.99 and a 52-week-low of $61.00. Moreover, at the end of the last trading period, the closing price was at $72.88.

According to B of A Securities, the prior rating for Toll Brothers Inc TOL was changed from Underperform to Buy. For the first quarter, Toll Brothers had an EPS of $1.24, compared to year-ago quarter EPS of $0.76. The stock has a 52-week-high of $75.61 and a 52-week-low of $47.17. At the end of the last trading period, Toll Brothers closed at $53.62.

For Lockheed Martin Corp LMT, Wolfe Research upgraded the previous rating of Peer Perform to Outperform. In the fourth quarter, Lockheed Martin showed an EPS of $7.47, compared to $6.38 from the year-ago quarter. The stock has a 52-week-high of $414.45 and a 52-week-low of $324.23. At the end of the last trading period, Lockheed Martin closed at $409.49.

Morgan Stanley upgraded the previous rating for American Axle & Mfg Holdings Inc AXL from Underweight to Overweight. For the fourth quarter, American Axle & Mfg Hldgs had an EPS of $0.09, compared to year-ago quarter EPS of $0.51. The stock has a 52-week-high of $13.05 and a 52-week-low of $7.41. At the end of the last trading period, American Axle & Mfg Hldgs closed at $8.63.

For Bloom Energy Corp BE, Susquehanna upgraded the previous rating of Neutral to Positive. For the fourth quarter, Bloom Energy had an EPS of $0.05, compared to year-ago quarter EPS of $0.08. The current stock performance of Bloom Energy shows a 52-week-high of $37.01 and a 52-week-low of $12.55. Moreover, at the end of the last trading period, the closing price was at $20.32.

According to B of A Securities, the prior rating for PulteGroup Inc PHM was changed from Underperform to Buy. In the fourth quarter, PulteGroup showed an EPS of $2.51, compared to $1.49 from the year-ago quarter. The current stock performance of PulteGroup shows a 52-week-high of $63.91 and a 52-week-low of $42.31. Moreover, at the end of the last trading period, the closing price was at $48.66.

Benchmark upgraded the previous rating for Autohome Inc ATHM from Hold to Buy. Autohome earned $0.58 in the fourth quarter, compared to $1.52 in the year-ago quarter. The current stock performance of Autohome shows a 52-week-high of $122.84 and a 52-week-low of $25.00. Moreover, at the end of the last trading period, the closing price was at $30.26.

For Macrogenics Inc MGNX, Citigroup upgraded the previous rating of Neutral to Buy. For the fourth quarter, Macrogenics had an EPS of $0.95, compared to year-ago quarter EPS of $0.02. The current stock performance of Macrogenics shows a 52-week-high of $36.48 and a 52-week-low of $8.91. Moreover, at the end of the last trading period, the closing price was at $9.67.

For Ferguson PLC FERG, HSBC upgraded the previous rating of Hold to Buy. The stock has a 52-week-high of $183.67 and a 52-week-low of $116.70. At the end of the last trading period, Ferguson closed at $154.15.

For Texas Roadhouse Inc TXRH, Gordon Haskett upgraded the previous rating of Hold to Buy. Texas Roadhouse earned $0.76 in the fourth quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $110.75 and a 52-week-low of $76.65. At the end of the last trading period, Texas Roadhouse closed at $93.31.

Cowen & Co. upgraded the previous rating for ExlService Holdings Inc EXLS from Market Perform to Outperform. ExlService Holdings earned $1.21 in the fourth quarter, compared to $1.14 in the year-ago quarter. The current stock performance of ExlService Holdings shows a 52-week-high of $146.20 and a 52-week-low of $79.60. Moreover, at the end of the last trading period, the closing price was at $119.90.

Wells Fargo upgraded the previous rating for American Electric Power Co Inc AEP from Equal-Weight to Overweight. In the fourth quarter, American Electric Power showed an EPS of $0.98, compared to $0.87 from the year-ago quarter. The current stock performance of American Electric Power shows a 52-week-high of $91.66 and a 52-week-low of $74.80. Moreover, at the end of the last trading period, the closing price was at $89.46.

Wells Fargo upgraded the previous rating for Cable One Inc CABO from Equal-Weight to Overweight. In the fourth quarter, Cable One showed an EPS of $10.54, compared to $7.73 from the year-ago quarter. The current stock performance of Cable One shows a 52-week-high of $2136.14 and a 52-week-low of $1375.62. Moreover, at the end of the last trading period, the closing price was at $1440.36.

For Dollar Tree Inc DLTR, BMO Capital upgraded the previous rating of Market Perform to Outperform. In the third quarter, Dollar Tree showed an EPS of $0.96, compared to $1.39 from the year-ago quarter. The current stock performance of Dollar Tree shows a 52-week-high of $149.37 and a 52-week-low of $84.26. Moreover, at the end of the last trading period, the closing price was at $140.69.

BMO Capital upgraded the previous rating for Block Inc SQ from Market Perform to Outperform. For the fourth quarter, Block had an EPS of $0.27, compared to year-ago quarter EPS of $0.32. The current stock performance of Block shows a 52-week-high of $289.23 and a 52-week-low of $82.72. Moreover, at the end of the last trading period, the closing price was at $119.82.

According to Kepler Cheuvreux, the prior rating for TechnipFMC PLC FTI was changed from Hold to Buy. For the fourth quarter, TechnipFMC had an EPS of $0.12, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $10.70 and a 52-week-low of $5.55. At the end of the last trading period, TechnipFMC closed at $6.80.

For Paylocity Holding Corp PCTY, Jefferies upgraded the previous rating of Hold to Buy. Paylocity Holding earned $0.64 in the second quarter, compared to $0.39 in the year-ago quarter. The stock has a 52-week-high of $314.50 and a 52-week-low of $154.26. At the end of the last trading period, Paylocity Holding closed at $207.50.

Barclays upgraded the previous rating for Tenaris SA TS from Equal-Weight to Overweight. Tenaris earned $0.63 in the fourth quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.20 and a 52-week-low of $18.80. Tenaris closed at $25.32 at the end of the last trading period.

For Ovintiv Inc OVV, RBC Capital upgraded the previous rating of Sector Perform to Outperform. Ovintiv earned $1.25 in the fourth quarter, compared to $0.70 in the year-ago quarter. At the moment, the stock has a 52-week-high of $43.10 and a 52-week-low of $21.07. Ovintiv closed at $41.41 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Jefferies downgraded the previous rating for Ferguson PLC FERG from Buy to Hold. At the moment, the stock has a 52-week-high of $183.67 and a 52-week-low of $116.70. Ferguson closed at $154.15 at the end of the last trading period.

Northcoast Research downgraded the previous rating for KAR Auction Services Inc KAR from Buy to Neutral. For the fourth quarter, KAR Auction Services had an EPS of $0.11, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $22.10 and a 52-week-low of $11.76. At the end of the last trading period, KAR Auction Services closed at $18.94.

For TPI Composites Inc TPIC, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, TPI Composites had an EPS of $2.39, compared to year-ago quarter EPS of $0.14. The current stock performance of TPI Composites shows a 52-week-high of $65.02 and a 52-week-low of $9.23. Moreover, at the end of the last trading period, the closing price was at $11.38.

For Foot Locker Inc FL, Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. In the fourth quarter, Foot Locker showed an EPS of $1.67, compared to $1.55 from the year-ago quarter. The stock has a 52-week-high of $66.71 and a 52-week-low of $26.36. At the end of the last trading period, Foot Locker closed at $29.07.

According to Seaport Global, the prior rating for Foot Locker Inc FL was changed from Buy to Neutral. For the fourth quarter, Foot Locker had an EPS of $1.67, compared to year-ago quarter EPS of $1.55. At the moment, the stock has a 52-week-high of $66.71 and a 52-week-low of $26.36. Foot Locker closed at $29.07 at the end of the last trading period.

According to Seaport Global, the prior rating for Universal Health Services Inc UHS was changed from Buy to Neutral. Universal Health Services earned $2.95 in the fourth quarter, compared to $3.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $165.00 and a 52-week-low of $116.23. Universal Health Services closed at $144.82 at the end of the last trading period.

According to B of A Securities, the prior rating for Qurate Retail Inc QRTEA was changed from Buy to Neutral. In the fourth quarter, Qurate Retail showed an EPS of $0.40, compared to $1.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of $14.62 and a 52-week-low of $5.46. Qurate Retail closed at $5.91 at the end of the last trading period.

For Goldman Sachs BDC Inc GSBD, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Goldman Sachs BDC earned $0.48 in the fourth quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $20.65 and a 52-week-low of $17.93. Goldman Sachs BDC closed at $19.78 at the end of the last trading period.

For Jack In The Box Inc JACK, Gordon Haskett downgraded the previous rating of Buy to Hold. Jack In The Box earned $1.97 in the first quarter, compared to $2.16 in the year-ago quarter. The stock has a 52-week-high of $124.53 and a 52-week-low of $77.13. At the end of the last trading period, Jack In The Box closed at $87.12.

Morgan Stanley downgraded the previous rating for Lear Corp LEA from Overweight to Equal-Weight. For the fourth quarter, Lear had an EPS of $1.22, compared to year-ago quarter EPS of $3.66. At the moment, the stock has a 52-week-high of $204.91 and a 52-week-low of $144.78. Lear closed at $166.88 at the end of the last trading period.

Benchmark downgraded the previous rating for Zynga Inc ZNGA from Buy to Hold. Zynga earned $0.09 in the fourth quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of $11.69 and a 52-week-low of $5.57. At the end of the last trading period, Zynga closed at $9.18.

According to BMO Capital, the prior rating for Gilead Sciences Inc GILD was changed from Outperform to Market Perform. In the fourth quarter, Gilead Sciences showed an EPS of $0.69, compared to $2.19 from the year-ago quarter. At the moment, the stock has a 52-week-high of $74.12 and a 52-week-low of $60.07. Gilead Sciences closed at $61.12 at the end of the last trading period.

According to Wells Fargo, the prior rating for Goldman Sachs Group Inc GS was changed from Overweight to Equal-Weight. Goldman Sachs Group earned $10.81 in the fourth quarter, compared to $12.08 in the year-ago quarter. The current stock performance of Goldman Sachs Group shows a 52-week-high of $426.16 and a 52-week-low of $316.46. Moreover, at the end of the last trading period, the closing price was at $350.12.

UBS downgraded the previous rating for AbbVie Inc ABBV from Buy to Neutral. AbbVie earned $3.31 in the fourth quarter, compared to $2.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $150.36 and a 52-week-low of $102.05. AbbVie closed at $149.54 at the end of the last trading period.

Barclays downgraded the previous rating for Deciphera Pharmaceuticals Inc DCPH from Equal-Weight to Underweight. In the fourth quarter, Deciphera Pharmaceuticals showed an EPS of $1.51, compared to $1.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $48.27 and a 52-week-low of $7.13. Deciphera Pharmaceuticals closed at $8.08 at the end of the last trading period.

According to Barclays, the prior rating for Prelude Therapeutics Inc PRLD was changed from Overweight to Equal-Weight. For the third quarter, Prelude Therapeutics had an EPS of $0.66, compared to year-ago quarter EPS of $5.25. The current stock performance of Prelude Therapeutics shows a 52-week-high of $71.82 and a 52-week-low of $8.55. Moreover, at the end of the last trading period, the closing price was at $10.39.

For EPAM Systems Inc EPAM, Piper Sandler downgraded the previous rating of Overweight to Neutral. In the fourth quarter, EPAM Systems showed an EPS of $2.76, compared to $1.81 from the year-ago quarter. At the moment, the stock has a 52-week-high of $725.40 and a 52-week-low of $338.69. EPAM Systems closed at $382.43 at the end of the last trading period.

For Ballys Corp BALY, Jefferies downgraded the previous rating of Buy to Hold. In the fourth quarter, Ballys showed an EPS of $0.24, compared to $0.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $75.92 and a 52-week-low of $26.11. Ballys closed at $36.25 at the end of the last trading period.

Credit Suisse downgraded the previous rating for Foot Locker Inc FL from Outperform to Neutral. Foot Locker earned $1.67 in the fourth quarter, compared to $1.55 in the year-ago quarter. The current stock performance of Foot Locker shows a 52-week-high of $66.71 and a 52-week-low of $26.36. Moreover, at the end of the last trading period, the closing price was at $29.07.

See all analyst ratings downgrades.

Initiations

Maxim Group initiated coverage on Surgepays Inc SURG with a Buy rating. The price target for Surgepays is set to $6.00. For the third quarter, Surgepays had an EPS of $0.05, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $28.50 and a 52-week-low of $0.08. At the end of the last trading period, Surgepays closed at $2.81.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Hepion Pharmaceuticals Inc HEPA. The price target seems to have been set at $3.50 for Hepion Pharmaceuticals. Hepion Pharmaceuticals earned $0.12 in the third quarter, compared to $0.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.49 and a 52-week-low of $0.86. Hepion Pharmaceuticals closed at $1.03 at the end of the last trading period.

Raymond James initiated coverage on First Bancorp FBNC with an Outperform rating. The price target for First Bancorp is set to $49.00. For the fourth quarter, First Bancorp had an EPS of $0.68, compared to year-ago quarter EPS of $0.83. The current stock performance of First Bancorp shows a 52-week-high of $50.92 and a 52-week-low of $37.60. Moreover, at the end of the last trading period, the closing price was at $44.81.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Jasper Therapeutics Inc JSPR. The price target seems to have been set at $10.00 for Jasper Therapeutics. The current stock performance of Jasper Therapeutics shows a 52-week-high of $18.88 and a 52-week-low of $3.53. Moreover, at the end of the last trading period, the closing price was at $3.74.

HC Wainwright & Co. initiated coverage on Travere Therapeutics Inc TVTX with a Buy rating. The price target for Travere Therapeutics is set to $45.00. Travere Therapeutics earned $0.61 in the fourth quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.65 and a 52-week-low of $12.75. Travere Therapeutics closed at $26.85 at the end of the last trading period.

Goldman Sachs initiated coverage on Ambrx Biopharma Inc AMAM with a Neutral rating. The price target for Ambrx Biopharma is set to $6.00. NoneAt the moment, the stock has a 52-week-high of $22.87 and a 52-week-low of $4.01. Ambrx Biopharma closed at $4.40 at the end of the last trading period.

Canaccord Genuity initiated coverage on Virgin Orbit Holdings Inc VORB with a Buy rating. The price target for Virgin Orbit Holdings is set to $20.00. The stock has a 52-week-high of $11.28 and a 52-week-low of $5.71. At the end of the last trading period, Virgin Orbit Holdings closed at $6.92.

With a Buy rating, Jefferies initiated coverage on GoPro Inc GPRO. The price target seems to have been set at $12.00 for GoPro. GoPro earned $0.41 in the fourth quarter, compared to $0.39 in the year-ago quarter. The current stock performance of GoPro shows a 52-week-high of $13.79 and a 52-week-low of $7.29. Moreover, at the end of the last trading period, the closing price was at $8.54.

HC Wainwright & Co. initiated coverage on Olema Pharmaceuticals inc OLMA with a Neutral rating. In the third quarter, Olema Pharmaceuticals showed an EPS of $0.45, compared to $3.71 from the year-ago quarter. The stock has a 52-week-high of $50.98 and a 52-week-low of $3.90. At the end of the last trading period, Olema Pharmaceuticals closed at $4.60.

See all analyst ratings initiations.

Market News and Data brought to you by Benzinga APIs
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!