Benzinga's Top Ratings Upgrades, Downgrades For March 24, 2022

Upgrades

For iRobot Corp IRBT, Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. In the fourth quarter, iRobot showed an EPS of $1.05, compared to $0.84 from the year-ago quarter. The current stock performance of iRobot shows a 52-week-high of $125.38 and a 52-week-low of $53.10. Moreover, at the end of the last trading period, the closing price was at $60.16.

UBS upgraded the previous rating for MYT Netherlands Parent BV MYTE from Neutral to Buy. For the second quarter, MYT Netherlands Parent had an EPS of $0.25, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $32.71 and a 52-week-low of $10.74. MYT Netherlands Parent closed at $10.86 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Reata Pharmaceuticals Inc RETA was changed from Neutral to Buy. Reata Pharmaceuticals earned $1.59 in the fourth quarter, compared to $1.25 in the year-ago quarter. The stock has a 52-week-high of $153.41 and a 52-week-low of $22.71. At the end of the last trading period, Reata Pharmaceuticals closed at $37.09.

According to B of A Securities, the prior rating for Arcos Dorados Holdings Inc ARCO was changed from Neutral to Buy. For the fourth quarter, Arcos Dorados Holdings had an EPS of $0.22, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $8.13 and a 52-week-low of $4.33. At the end of the last trading period, Arcos Dorados Holdings closed at $7.82.

Stifel upgraded the previous rating for Ping Identity Holding Corp PING from Hold to Buy. For the fourth quarter, Ping Identity Holding had an EPS of $0.13, compared to year-ago quarter EPS of $0.09. The current stock performance of Ping Identity Holding shows a 52-week-high of $30.25 and a 52-week-low of $17.60. Moreover, at the end of the last trading period, the closing price was at $24.11.

According to Morgan Stanley, the prior rating for Buenaventura Mining Co Inc BVN was changed from Underweight to Equal-Weight. In the fourth quarter, Buenaventura Mining Co showed an EPS of $0.89, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.44 and a 52-week-low of $6.11. Buenaventura Mining Co closed at $10.41 at the end of the last trading period.

Wells Fargo upgraded the previous rating for Werner Enterprises Inc WERN from Underweight to Equal-Weight. For the fourth quarter, Werner Enterprises had an EPS of $1.13, compared to year-ago quarter EPS of $0.89. At the moment, the stock has a 52-week-high of $49.76 and a 52-week-low of $41.44. Werner Enterprises closed at $42.14 at the end of the last trading period.

For British American Tobacco PLC BTI, JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $47.23 and a 52-week-low of $33.62. At the end of the last trading period, British American Tobacco closed at $42.15.

Keybanc upgraded the previous rating for Schnitzer Steel Industries Inc SCHN from Sector Weight to Overweight. Schnitzer Steel Indus earned $1.58 in the first quarter, compared to $0.57 in the year-ago quarter. The stock has a 52-week-high of $59.34 and a 52-week-low of $35.34. At the end of the last trading period, Schnitzer Steel Indus closed at $48.89.

For Johnson Controls International PLC JCI, Deutsche Bank upgraded the previous rating of Hold to Buy. Johnson Controls Intl earned $0.54 in the first quarter, compared to $0.43 in the year-ago quarter. At the moment, the stock has a 52-week-high of $81.77 and a 52-week-low of $58.15. Johnson Controls Intl closed at $64.76 at the end of the last trading period.

According to Credit Suisse, the prior rating for Liberty Global PLC LBTYA was changed from Neutral to Outperform. For the fourth quarter, Liberty Global had an EPS of $1.26, compared to year-ago quarter EPS of $1.72. At the moment, the stock has a 52-week-high of $30.58 and a 52-week-low of $23.00. Liberty Global closed at $25.25 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Morgan Stanley downgraded the previous rating for Southern Copper Corp SCCO from Equal-Weight to Underweight. For the fourth quarter, Southern Copper had an EPS of $1.08, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of $83.29 and a 52-week-low of $54.92. Southern Copper closed at $77.57 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Vale SA VALE was changed from Overweight to Equal-Weight. For the fourth quarter, Vale had an EPS of $1.07, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $23.18 and a 52-week-low of $11.16. At the end of the last trading period, Vale closed at $19.93.

According to Mizuho, the prior rating for Anaplan Inc PLAN was changed from Buy to Neutral. In the fourth quarter, Anaplan showed an EPS of $0.11, compared to $0.07 from the year-ago quarter. The current stock performance of Anaplan shows a 52-week-high of $70.25 and a 52-week-low of $39.92. Moreover, at the end of the last trading period, the closing price was at $64.72.

Truist Securities downgraded the previous rating for Post Holdings Inc POST from Buy to Hold. Post Holdings earned $0.29 in the first quarter, compared to $0.72 in the year-ago quarter. The stock has a 52-week-high of $118.31 and a 52-week-low of $65.76. At the end of the last trading period, Post Holdings closed at $65.77.

Stifel downgraded the previous rating for Traeger Inc COOK from Buy to Hold. For the fourth quarter, Traeger had an EPS of $0.03, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $32.59 and a 52-week-low of $8.18. At the end of the last trading period, Traeger closed at $8.80.

Ladenburg Thalmann downgraded the previous rating for PaySign Inc PAYS from Buy to Neutral. In the fourth quarter, PaySign showed an EPS of $0.00, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $4.69 and a 52-week-low of $1.37. At the end of the last trading period, PaySign closed at $2.14.

According to B of A Securities, the prior rating for NetApp Inc NTAP was changed from Buy to Neutral. For the third quarter, NetApp had an EPS of $1.44, compared to year-ago quarter EPS of $1.10. The current stock performance of NetApp shows a 52-week-high of $96.82 and a 52-week-low of $67.72. Moreover, at the end of the last trading period, the closing price was at $87.22.

TD Securities downgraded the previous rating for EOG Resources Inc EOG from Buy to Hold. For the fourth quarter, EOG Resources had an EPS of $3.09, compared to year-ago quarter EPS of $0.71. The stock has a 52-week-high of $124.89 and a 52-week-low of $62.81. At the end of the last trading period, EOG Resources closed at $123.55.

For Leidos Holdings Inc LDOS, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Leidos Holdings earned $1.56 in the fourth quarter, compared to $1.63 in the year-ago quarter. The current stock performance of Leidos Holdings shows a 52-week-high of $109.39 and a 52-week-low of $81.07. Moreover, at the end of the last trading period, the closing price was at $106.83.

Morgan Stanley downgraded the previous rating for Alcoa Corp AA from Overweight to Equal-Weight. For the fourth quarter, Alcoa had an EPS of $2.50, compared to year-ago quarter EPS of $0.26. The current stock performance of Alcoa shows a 52-week-high of $95.79 and a 52-week-low of $27.11. Moreover, at the end of the last trading period, the closing price was at $94.22.

Berenberg downgraded the previous rating for International Flavors & Fragrances Inc IFF from Buy to Hold. In the fourth quarter, Intl Flavors & Fragrances showed an EPS of $1.10, compared to $1.32 from the year-ago quarter. The stock has a 52-week-high of $157.08 and a 52-week-low of $113.40. At the end of the last trading period, Intl Flavors & Fragrances closed at $126.13.

According to Jefferies, the prior rating for Traeger Inc COOK was changed from Buy to Hold. For the fourth quarter, Traeger had an EPS of $0.03, compared to year-ago quarter EPS of $0.03. The current stock performance of Traeger shows a 52-week-high of $32.59 and a 52-week-low of $8.18. Moreover, at the end of the last trading period, the closing price was at $8.80.

See all analyst ratings downgrades.

Initiations

With a Market Outperform rating, CJS Securities initiated coverage on Mirion Technologies Inc MIR. The price target seems to have been set at $13.00 for Mirion Technologies. The current stock performance of Mirion Technologies shows a 52-week-high of $11.95 and a 52-week-low of $7.27. Moreover, at the end of the last trading period, the closing price was at $8.24.

With a Buy rating, Canaccord Genuity initiated coverage on NanoString Technologies Inc NSTG. The price target seems to have been set at $50.00 for NanoString Technologies. NanoString Technologies earned $0.64 in the fourth quarter, compared to $0.53 in the year-ago quarter. The current stock performance of NanoString Technologies shows a 52-week-high of $81.89 and a 52-week-low of $26.55. Moreover, at the end of the last trading period, the closing price was at $32.38.

Maxim Group initiated coverage on HCW Biologics Inc HCWB with a Buy rating. The price target for HCW Biologics is set to $4.00. For the third quarter, HCW Biologics had an EPS of $0.14, compared to year-ago quarter EPS of $0.63. The stock has a 52-week-high of $7.78 and a 52-week-low of $1.89. At the end of the last trading period, HCW Biologics closed at $2.28.

With a Buy rating, Maxim Group initiated coverage on Longeveron Inc LGVN. The price target seems to have been set at $14.00 for Longeveron. At the moment, the stock has a 52-week-high of $45.00 and a 52-week-low of $2.84. Longeveron closed at $6.52 at the end of the last trading period.

Alliance Global Partners initiated coverage on Ampio Pharmaceuticals Inc AMPE with a Buy rating. The price target for Ampio Pharmaceuticals is set to $4.50. For the third quarter, Ampio Pharmaceuticals had an EPS of $0.02, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $2.00 and a 52-week-low of $0.39. At the end of the last trading period, Ampio Pharmaceuticals closed at $0.43.

JP Morgan initiated coverage on Atlantica Sustainable Infrastructure PLC AY with a Neutral rating. The price target for Atlantica Sustainable is set to $40.00. In the fourth quarter, Atlantica Sustainable showed an EPS of $0.10, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $41.32 and a 52-week-low of $30.20. At the end of the last trading period, Atlantica Sustainable closed at $33.86.

China Renaissance initiated coverage on Li Auto Inc LI with a Buy rating. The price target for Li Auto is set to $37.20. For the fourth quarter, Li Auto had an EPS of $0.11, compared to year-ago quarter EPS of $0.02. The current stock performance of Li Auto shows a 52-week-high of $37.45 and a 52-week-low of $15.98. Moreover, at the end of the last trading period, the closing price was at $27.28.

With a Buy rating, China Renaissance initiated coverage on XPeng Inc XPEV. The price target seems to have been set at $55.60 for XPeng. For the third quarter, XPeng had an EPS of $0.27, compared to year-ago quarter EPS of $0.32. The stock has a 52-week-high of $56.45 and a 52-week-low of $18.01. At the end of the last trading period, XPeng closed at $29.08.

With a Buy rating, Rosenblatt initiated coverage on Ciena Corp CIEN. The price target seems to have been set at $80.00 for Ciena. Ciena earned $0.47 in the first quarter, compared to $0.52 in the year-ago quarter. The current stock performance of Ciena shows a 52-week-high of $78.28 and a 52-week-low of $49.51. Moreover, at the end of the last trading period, the closing price was at $57.85.

Rosenblatt initiated coverage on Infinera Corp INFN with a Buy rating. The price target for Infinera is set to $12.00. Infinera earned $0.03 in the fourth quarter, compared to $0.13 in the year-ago quarter. The current stock performance of Infinera shows a 52-week-high of $10.89 and a 52-week-low of $7.22. Moreover, at the end of the last trading period, the closing price was at $8.22.

See all analyst ratings initiations.