Benzinga's Top Ratings Upgrades, Downgrades For March 11, 2022

Upgrades

According to B of A Securities, the prior rating for Sabra Health Care REIT Inc SBRA was changed from Underperform to Neutral. In the fourth quarter, Sabra Health Care REIT showed an EPS of $0.39, compared to $0.42 from the year-ago quarter. The current stock performance of Sabra Health Care REIT shows a 52-week-high of $19.02 and a 52-week-low of $12.31. Moreover, at the end of the last trading period, the closing price was at $13.87.

CLSA upgraded the previous rating for Gaotu Techedu Inc GOTU from Sell to Underperform. For the fourth quarter, Gaotu Techedu had an EPS of $0.19, compared to year-ago quarter EPS of $0.39. The current stock performance of Gaotu Techedu shows a 52-week-high of $93.33 and a 52-week-low of $1.39. Moreover, at the end of the last trading period, the closing price was at $1.70.

B of A Securities upgraded the previous rating for XPO Logistics Inc XPO from Neutral to Buy. In the fourth quarter, XPO Logistics showed an EPS of $1.34, compared to $1.19 from the year-ago quarter. The stock has a 52-week-high of $153.45 and a 52-week-low of $59.22. At the end of the last trading period, XPO Logistics closed at $72.39.

B of A Securities upgraded the previous rating for Chart Industries Inc GTLS from Neutral to Buy. In the fourth quarter, Chart Industries showed an EPS of $0.73, compared to $1.27 from the year-ago quarter. At the moment, the stock has a 52-week-high of $206.29 and a 52-week-low of $108.29. Chart Industries closed at $169.88 at the end of the last trading period.

According to B of A Securities, the prior rating for Liberty Oilfield Services Inc LBRT was changed from Neutral to Buy. In the fourth quarter, Liberty Oilfield Services showed an EPS of $0.31, compared to $0.41 from the year-ago quarter. The current stock performance of Liberty Oilfield Services shows a 52-week-high of $17.78 and a 52-week-low of $8.50. Moreover, at the end of the last trading period, the closing price was at $14.95.

For Ternium SA TX, Wolfe Research upgraded the previous rating of Underperform to Peer Perform. In the fourth quarter, Ternium showed an EPS of $5.08, compared to $2.11 from the year-ago quarter. NoneThe stock has a 52-week-high of $56.86 and a 52-week-low of $32.46. At the end of the last trading period, Ternium closed at $40.40.

According to Guggenheim, the prior rating for Shoals Technologies Group Inc SHLS was changed from Neutral to Buy. In the fourth quarter, Shoals Technologies Gr showed an EPS of $0.01, compared to $0.07 from the year-ago quarter. The current stock performance of Shoals Technologies Gr shows a 52-week-high of $39.98 and a 52-week-low of $11.19. Moreover, at the end of the last trading period, the closing price was at $15.64.

B of A Securities upgraded the previous rating for Parsons Corp PSN from Underperform to Neutral. In the fourth quarter, Parsons Corp showed an EPS of $0.55, compared to $0.51 from the year-ago quarter. The current stock performance of Parsons Corp shows a 52-week-high of $44.94 and a 52-week-low of $29.25. Moreover, at the end of the last trading period, the closing price was at $36.56.

According to B of A Securities, the prior rating for Booz Allen Hamilton Holding Corp BAH was changed from Underperform to Neutral. For the third quarter, Booz Allen Hamilton had an EPS of $1.02, compared to year-ago quarter EPS of $1.04. The current stock performance of Booz Allen Hamilton shows a 52-week-high of $91.00 and a 52-week-low of $69.68. Moreover, at the end of the last trading period, the closing price was at $83.82.

According to BMO Capital, the prior rating for Ventas Inc VTR was changed from Market Perform to Outperform. In the fourth quarter, Ventas showed an EPS of $0.73, compared to $0.83 from the year-ago quarter. The stock has a 52-week-high of $61.09 and a 52-week-low of $45.44. At the end of the last trading period, Ventas closed at $58.86.

Deutsche Bank upgraded the previous rating for Keysight Technologies Inc KEYS from Hold to Buy. Keysight Technologies earned $1.65 in the first quarter, compared to $1.43 in the year-ago quarter. The current stock performance of Keysight Technologies shows a 52-week-high of $209.08 and a 52-week-low of $133.68. Moreover, at the end of the last trading period, the closing price was at $146.49.

Mizuho upgraded the previous rating for Exelon Corp EXC from Neutral to Buy. For the fourth quarter, Exelon had an EPS of $0.90, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of $58.21 and a 52-week-low of $40.11. Exelon closed at $43.60 at the end of the last trading period.

Stifel upgraded the previous rating for Texas Roadhouse Inc TXRH from Hold to Buy. In the fourth quarter, Texas Roadhouse showed an EPS of $0.76, compared to $0.28 from the year-ago quarter. The current stock performance of Texas Roadhouse shows a 52-week-high of $110.75 and a 52-week-low of $69.53. Moreover, at the end of the last trading period, the closing price was at $78.59.

See all analyst ratings upgrades.

Downgrades

For ChampionX Corp CHX, B of A Securities downgraded the previous rating of Buy to Neutral. ChampionX earned $0.26 in the fourth quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $30.48 and a 52-week-low of $18.26. At the end of the last trading period, ChampionX closed at $25.67.

B of A Securities downgraded the previous rating for Cactus Inc WHD from Buy to Neutral. Cactus earned $0.25 in the fourth quarter, compared to $0.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $64.18 and a 52-week-low of $27.26. Cactus closed at $59.60 at the end of the last trading period.

For Weibo Corp WB, UBS downgraded the previous rating of Buy to Neutral. In the fourth quarter, Weibo showed an EPS of $0.83, compared to $0.92 from the year-ago quarter. The current stock performance of Weibo shows a 52-week-high of $64.70 and a 52-week-low of $23.66. Moreover, at the end of the last trading period, the closing price was at $24.46.

B of A Securities downgraded the previous rating for Medical Properties Trust Inc MPW from Buy to Neutral. In the fourth quarter, Medical Properties Trust showed an EPS of $0.47, compared to $0.41 from the year-ago quarter. The current stock performance of Medical Properties Trust shows a 52-week-high of $24.13 and a 52-week-low of $19.39. Moreover, at the end of the last trading period, the closing price was at $20.61.

For Marketwise Inc MKTW, Wedbush downgraded the previous rating of Outperform to Neutral. The stock has a 52-week-high of $16.97 and a 52-week-low of $4.34. At the end of the last trading period, Marketwise closed at $4.74.

For Pinnacle West Capital Corp PNW, Evercore ISI Group downgraded the previous rating of In-Line to Underperform. For the fourth quarter, Pinnacle West Capital had an EPS of $0.24, compared to year-ago quarter EPS of $0.17. At the moment, the stock has a 52-week-high of $88.54 and a 52-week-low of $62.78. Pinnacle West Capital closed at $74.23 at the end of the last trading period.

According to Baird, the prior rating for DocuSign Inc DOCU was changed from Outperform to Neutral. DocuSign earned $0.48 in the fourth quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $314.76 and a 52-week-low of $90.90. At the end of the last trading period, DocuSign closed at $93.88.

For CareTrust REIT Inc CTRE, BMO Capital downgraded the previous rating of Outperform to Market Perform. For the fourth quarter, CareTrust REIT had an EPS of $0.39, compared to year-ago quarter EPS of $0.36. The current stock performance of CareTrust REIT shows a 52-week-high of $24.89 and a 52-week-low of $16.86. Moreover, at the end of the last trading period, the closing price was at $17.59.

According to Oppenheimer, the prior rating for DocuSign Inc DOCU was changed from Outperform to Perform. In the fourth quarter, DocuSign showed an EPS of $0.48, compared to $0.37 from the year-ago quarter. The stock has a 52-week-high of $314.76 and a 52-week-low of $90.90. At the end of the last trading period, DocuSign closed at $93.88.

According to HC Wainwright & Co., the prior rating for Gemini Therapeutics Inc GMTX was changed from Buy to Neutral. The current stock performance of Gemini Therapeutics shows a 52-week-high of $19.09 and a 52-week-low of $1.16. Moreover, at the end of the last trading period, the closing price was at $1.49.

According to JP Morgan, the prior rating for Chevron Corp CVX was changed from Neutral to Underweight. In the fourth quarter, Chevron showed an EPS of $2.56, compared to $0.01 from the year-ago quarter. The current stock performance of Chevron shows a 52-week-high of $174.76 and a 52-week-low of $92.86. Moreover, at the end of the last trading period, the closing price was at $170.82.

William Blair downgraded the previous rating for Tilly's Inc TLYS from Outperform to Market Perform. Tilly's earned $0.38 in the fourth quarter, compared to $0.29 in the year-ago quarter. The current stock performance of Tilly's shows a 52-week-high of $17.80 and a 52-week-low of $10.54. Moreover, at the end of the last trading period, the closing price was at $12.25.

For Oracle Corp ORCL, Piper Sandler downgraded the previous rating of Neutral to Underweight. For the third quarter, Oracle had an EPS of $1.13, compared to year-ago quarter EPS of $1.16. The current stock performance of Oracle shows a 52-week-high of $106.34 and a 52-week-low of $65.43. Moreover, at the end of the last trading period, the closing price was at $76.65.

See all analyst ratings downgrades.

Initiations

CL King initiated coverage on Performance Food Group Co PFGC with a Buy rating. The price target for Performance Food Group is set to $60.00. In the second quarter, Performance Food Group showed an EPS of $0.57, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $59.89 and a 52-week-low of $38.82. At the end of the last trading period, Performance Food Group closed at $48.18.

With a Buy rating, CL King initiated coverage on US Foods Holding Corp USFD. The price target seems to have been set at $41.00 for US Foods Hldg. US Foods Hldg earned $0.38 in the fourth quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $42.10 and a 52-week-low of $30.02. At the end of the last trading period, US Foods Hldg closed at $34.39.

For Sysco Corp SYY, CL King initiated coverage, by setting the current rating at Neutral. Sysco earned $0.57 in the second quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $89.22 and a 52-week-low of $68.05. Sysco closed at $79.98 at the end of the last trading period.

With an Overweight rating, Wells Fargo initiated coverage on United Rentals Inc URI. The price target seems to have been set at $425.00 for United Rentals. United Rentals earned $7.39 in the fourth quarter, compared to $5.04 in the year-ago quarter. The current stock performance of United Rentals shows a 52-week-high of $414.99 and a 52-week-low of $285.59. Moreover, at the end of the last trading period, the closing price was at $321.25.

Deutsche Bank initiated coverage on Uber Technologies Inc UBER with a Buy rating. The price target for Uber Technologies is set to $50.00. For the fourth quarter, Uber Technologies had an EPS of $0.26, compared to year-ago quarter EPS of $0.54. The current stock performance of Uber Technologies shows a 52-week-high of $61.50 and a 52-week-low of $28.28. Moreover, at the end of the last trading period, the closing price was at $30.41.

Wells Fargo initiated coverage on Terex Corp TEX with an Overweight rating. The price target for Terex is set to $64.00. Terex earned $0.82 in the fourth quarter, compared to $0.21 in the year-ago quarter. The current stock performance of Terex shows a 52-week-high of $55.60 and a 52-week-low of $35.04. Moreover, at the end of the last trading period, the closing price was at $37.90.

Wells Fargo initiated coverage on RBC Bearings Inc ROLL with an Overweight rating. The price target for RBC Bearings is set to $235.00. For the third quarter, RBC Bearings had an EPS of $0.70, compared to year-ago quarter EPS of $0.90. At the moment, the stock has a 52-week-high of $250.52 and a 52-week-low of $165.99. RBC Bearings closed at $191.46 at the end of the last trading period.

With a Equal-Weight rating, Wells Fargo initiated coverage on Oshkosh Corp OSK. The price target seems to have been set at $117.00 for Oshkosh. Oshkosh earned $0.09 in the first quarter, compared to $1.13 in the year-ago quarter. The current stock performance of Oshkosh shows a 52-week-high of $137.47 and a 52-week-low of $95.79. Moreover, at the end of the last trading period, the closing price was at $107.60.

With an Underweight rating, Wells Fargo initiated coverage on Manitowoc Co Inc MTW. The price target seems to have been set at $17.00 for Manitowoc Co. Manitowoc Co earned $0.27 in the fourth quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Manitowoc Co shows a 52-week-high of $28.32 and a 52-week-low of $14.73. Moreover, at the end of the last trading period, the closing price was at $16.25.

With an Overweight rating, Wells Fargo initiated coverage on Herc Holdings Inc HRI. The price target seems to have been set at $205.00 for Herc Holdings. For the fourth quarter, Herc Holdings had an EPS of $2.46, compared to year-ago quarter EPS of $1.35. At the moment, the stock has a 52-week-high of $203.14 and a 52-week-low of $85.76. Herc Holdings closed at $145.98 at the end of the last trading period.

Wells Fargo initiated coverage on H&E Equipment Services Inc HEES with an Overweight rating. The price target for H&E Equipment Servs is set to $55.00. H&E Equipment Servs earned $0.59 in the fourth quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $50.69 and a 52-week-low of $28.28. At the end of the last trading period, H&E Equipment Servs closed at $41.85.

With an Overweight rating, Wells Fargo initiated coverage on Deere & Co DE. The price target seems to have been set at $455.00 for Deere. For the first quarter, Deere had an EPS of $2.92, compared to year-ago quarter EPS of $3.87. At the moment, the stock has a 52-week-high of $405.49 and a 52-week-low of $320.50. Deere closed at $378.15 at the end of the last trading period.

Wells Fargo initiated coverage on Caterpillar Inc CAT with a Equal-Weight rating. The price target for Caterpillar is set to $231.00. In the fourth quarter, Caterpillar showed an EPS of $2.69, compared to $2.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $246.69 and a 52-week-low of $179.67. Caterpillar closed at $211.79 at the end of the last trading period.

Wells Fargo initiated coverage on AGCO Corp AGCO with an Overweight rating. The price target for AGCO is set to $175.00. For the fourth quarter, AGCO had an EPS of $3.08, compared to year-ago quarter EPS of $1.54. The stock has a 52-week-high of $158.62 and a 52-week-low of $108.56. At the end of the last trading period, AGCO closed at $129.72.

Deutsche Bank initiated coverage on Amazon.com Inc AMZN with a Buy rating. The price target for Amazon.com is set to $4100.00. For the fourth quarter, Amazon.com had an EPS of $5.80, compared to year-ago quarter EPS of $14.09. At the moment, the stock has a 52-week-high of $3773.08 and a 52-week-low of $2671.45. Amazon.com closed at $2936.35 at the end of the last trading period.

Deutsche Bank initiated coverage on Meta Platforms Inc FB with a Buy rating. The price target for Meta Platforms is set to $265.00. In the fourth quarter, Meta Platforms showed an EPS of $3.67, compared to $3.88 from the year-ago quarter. The stock has a 52-week-high of $384.33 and a 52-week-low of $186.11. At the end of the last trading period, Meta Platforms closed at $195.21.

With a Buy rating, Deutsche Bank initiated coverage on Chewy Inc CHWY. The price target seems to have been set at $55.00 for Chewy. Chewy earned $0.08 in the third quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $97.74 and a 52-week-low of $36.69. At the end of the last trading period, Chewy closed at $38.37.

With a Buy rating, Deutsche Bank initiated coverage on Roblox Corp RBLX. The price target seems to have been set at $60.00 for Roblox. Roblox earned $0.25 in the fourth quarter, compared to $0.30 in the year-ago quarter. At the moment, the stock has a 52-week-high of $141.60 and a 52-week-low of $39.51. Roblox closed at $41.47 at the end of the last trading period.

With a Buy rating, Deutsche Bank initiated coverage on Match Group Inc MTCH. The price target seems to have been set at $135.00 for Match Group. Match Group earned $0.60 in the fourth quarter, compared to $0.48 in the year-ago quarter. The stock has a 52-week-high of $182.00 and a 52-week-low of $84.20. At the end of the last trading period, Match Group closed at $94.91.

Deutsche Bank initiated coverage on Bumble Inc BMBL with a Hold rating. The price target for Bumble is set to $28.00. For the fourth quarter, Bumble had an EPS of $0.13, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $76.49 and a 52-week-low of $15.41. Bumble closed at $23.24 at the end of the last trading period.

With a Hold rating, Deutsche Bank initiated coverage on Etsy Inc ETSY. The price target seems to have been set at $145.00 for Etsy. In the fourth quarter, Etsy showed an EPS of $1.11, compared to $1.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $307.75 and a 52-week-low of $109.38. Etsy closed at $136.98 at the end of the last trading period.

Deutsche Bank initiated coverage on Lyft Inc LYFT with a Hold rating. The price target for Lyft is set to $43.00. Lyft earned $0.09 in the fourth quarter, compared to $0.59 in the year-ago quarter. The current stock performance of Lyft shows a 52-week-high of $68.28 and a 52-week-low of $33.94. Moreover, at the end of the last trading period, the closing price was at $37.63.

With a Buy rating, Deutsche Bank initiated coverage on Booking Holdings Inc BKNG. The price target seems to have been set at $2512.00 for Booking Holdings. Booking Holdings earned $15.83 in the fourth quarter, compared to $0.57 in the year-ago quarter. The stock has a 52-week-high of $2715.66 and a 52-week-low of $1796.45. At the end of the last trading period, Booking Holdings closed at $2030.36.

With a Buy rating, Deutsche Bank initiated coverage on Expedia Group Inc EXPE. The price target seems to have been set at $218.00 for Expedia Group. In the fourth quarter, Expedia Group showed an EPS of $1.06, compared to $2.64 from the year-ago quarter. The current stock performance of Expedia Group shows a 52-week-high of $217.72 and a 52-week-low of $136.77. Moreover, at the end of the last trading period, the closing price was at $178.91.

Deutsche Bank initiated coverage on Snap Inc SNAP with a Buy rating. The price target for Snap is set to $45.00. For the fourth quarter, Snap had an EPS of $0.22, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $83.34 and a 52-week-low of $24.32. At the end of the last trading period, Snap closed at $31.74.

With a Hold rating, Deutsche Bank initiated coverage on Twitter Inc TWTR. The price target seems to have been set at $35.00 for Twitter. For the fourth quarter, Twitter had an EPS of $0.33, compared to year-ago quarter EPS of $0.38. The current stock performance of Twitter shows a 52-week-high of $73.34 and a 52-week-low of $31.30. Moreover, at the end of the last trading period, the closing price was at $34.12.

With a Hold rating, Deutsche Bank initiated coverage on Airbnb Inc ABNB. The price target seems to have been set at $150.00 for Airbnb. For the fourth quarter, Airbnb had an EPS of $0.08, compared to year-ago quarter EPS of $2.43. At the moment, the stock has a 52-week-high of $215.49 and a 52-week-low of $129.71. Airbnb closed at $151.80 at the end of the last trading period.

Deutsche Bank initiated coverage on Alphabet Inc GOOG with a Buy rating. The price target for Alphabet is set to $3150.00. For the fourth quarter, Alphabet had an EPS of $30.69, compared to year-ago quarter EPS of $22.30. The stock has a 52-week-high of $3042.00 and a 52-week-low of $2010.73. At the end of the last trading period, Alphabet closed at $2653.64.

Deutsche Bank initiated coverage on Warner Music Group Corp WMG with a Buy rating. The price target for Warner Music Group is set to $42.00. Warner Music Group earned $0.43 in the first quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.23 and a 52-week-low of $29.34. Warner Music Group closed at $33.25 at the end of the last trading period.

With a Hold rating, Deutsche Bank initiated coverage on Spotify Technology SA SPOT. The price target seems to have been set at $140.00 for Spotify Technology. In the fourth quarter, Spotify Technology showed an EPS of $0.24, compared to $0.79 from the year-ago quarter. The stock has a 52-week-high of $305.60 and a 52-week-low of $125.84. At the end of the last trading period, Spotify Technology closed at $132.67.

RBC Capital initiated coverage on Centerspace CSR with a Sector Perform rating. The price target for Centerspace is set to $105.00. For the fourth quarter, Centerspace had an EPS of $1.08, compared to year-ago quarter EPS of $1.02. The current stock performance of Centerspace shows a 52-week-high of $112.27 and a 52-week-low of $66.91. Moreover, at the end of the last trading period, the closing price was at $101.25.

With an Overweight rating, JP Morgan initiated coverage on Nuvei Corp NVEI. The price target seems to have been set at $65.00 for Nuvei. At the moment, the stock has a 52-week-high of $140.23 and a 52-week-low of $43.10. Nuvei closed at $56.75 at the end of the last trading period.

With an Overweight rating, JP Morgan initiated coverage on The Beauty Health Co SKIN. The price target seems to have been set at $24.00 for Beauty Health. The current stock performance of Beauty Health shows a 52-week-high of $30.17 and a 52-week-low of $11.12. Moreover, at the end of the last trading period, the closing price was at $18.32.

See all analyst ratings initiations.