Benzinga's Top Ratings Upgrades, Downgrades For July 22, 2022

Upgrades

For UDR Inc UDR, Jefferies upgraded the previous rating of Hold to Buy. UDR earned $0.55 in the first quarter, compared to $0.47 in the year-ago quarter. At the moment, the stock has a 52-week-high of $61.06 and a 52-week-low of $42.00. UDR closed at $45.69 at the end of the last trading period.

According to Raymond James, the prior rating for CBRE Group Inc CBRE was changed from Outperform to Strong Buy. In the first quarter, CBRE Group showed an EPS of $1.39, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $111.00 and a 52-week-low of $67.68. At the end of the last trading period, CBRE Group closed at $81.26.

Piper Sandler upgraded the previous rating for Comstock Resources Inc CRK from Underweight to Neutral. In the first quarter, Comstock Res showed an EPS of $0.51, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $22.11 and a 52-week-low of $5.05. At the end of the last trading period, Comstock Res closed at $13.57.

See all analyst ratings upgrades.

Downgrades

According to Keefe, Bruyette & Woods, the prior rating for SVB Financial Group SIVB was changed from Outperform to Market Perform. For the second quarter, SVB Finl Gr had an EPS of $5.60, compared to year-ago quarter EPS of $9.09. The stock has a 52-week-high of $763.22 and a 52-week-low of $374.99. At the end of the last trading period, SVB Finl Gr closed at $436.17.

Monness, Crespi, Hardt downgraded the previous rating for Palantir Technologies Inc PLTR from Buy to Neutral. For the first quarter, Palantir Technologies had an EPS of $0.02, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $29.29 and a 52-week-low of $6.44. Palantir Technologies closed at $10.49 at the end of the last trading period.

For VistaGen Therapeutics Inc VTGN, William Blair downgraded the previous rating of Outperform to Market Perform. In the fourth quarter, VistaGen Therapeutics showed an EPS of $0.09, compared to $0.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3.26 and a 52-week-low of $0.77. VistaGen Therapeutics closed at $1.07 at the end of the last trading period.

Fox Advisors downgraded the previous rating for Seagate Technology Holdings PLC STX from Overweight to Equal-Weight. Seagate Tech Hldgs earned $1.59 in the fourth quarter, compared to $2.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $117.67 and a 52-week-low of $67.36. Seagate Tech Hldgs closed at $83.61 at the end of the last trading period.

Kepler Cheuvreux downgraded the previous rating for Nokia Oyj NOK from Buy to Hold. For the second quarter, Nokia had an EPS of $0.11, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $6.40 and a 52-week-low of $4.37. At the end of the last trading period, Nokia closed at $5.12.

Credit Suisse downgraded the previous rating for Global Payments Inc GPN from Outperform to Neutral. Global Payments earned $2.07 in the first quarter, compared to $1.82 in the year-ago quarter. At the moment, the stock has a 52-week-high of $195.38 and a 52-week-low of $105.52. Global Payments closed at $120.27 at the end of the last trading period.

Credit Suisse downgraded the previous rating for Nuvei Corp NVEI from Outperform to Neutral. Nuvei earned $0.46 in the first quarter, compared to $0.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $140.23 and a 52-week-low of $29.11. Nuvei closed at $36.64 at the end of the last trading period.

Deutsche Bank downgraded the previous rating for Snap Inc SNAP from Buy to Hold. In the second quarter, Snap showed an EPS of $0.02, compared to $0.10 from the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $83.34 and a 52-week-low of $11.88. Moreover, at the end of the last trading period, the closing price was at $16.35.

DA Davidson downgraded the previous rating for Colony Bankcorp Inc CBAN from Buy to Neutral. For the second quarter, Colony Bankcorp had an EPS of $0.30, compared to year-ago quarter EPS of $0.49. The stock has a 52-week-high of $19.59 and a 52-week-low of $14.41. At the end of the last trading period, Colony Bankcorp closed at $15.25.

Craig-Hallum downgraded the previous rating for Seagate Technology Holdings PLC STX from Buy to Hold. In the fourth quarter, Seagate Tech Hldgs showed an EPS of $1.59, compared to $2.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $117.67 and a 52-week-low of $67.36. Seagate Tech Hldgs closed at $83.61 at the end of the last trading period.

For Akamai Technologies Inc AKAM, Citigroup downgraded the previous rating of Buy to Neutral. Akamai Technologies earned $1.39 in the first quarter, compared to $1.38 in the year-ago quarter. The stock has a 52-week-high of $123.25 and a 52-week-low of $85.90. At the end of the last trading period, Akamai Technologies closed at $94.15.

According to Barclays, the prior rating for AT&T Inc T was changed from Overweight to Equal-Weight. For the second quarter, AT&T had an EPS of $0.65, compared to year-ago quarter EPS of $0.89. At the moment, the stock has a 52-week-high of $28.55 and a 52-week-low of $18.24. AT&T closed at $18.92 at the end of the last trading period.

Barclays downgraded the previous rating for 1Life Healthcare Inc ONEM from Overweight to Equal-Weight. 1Life Healthcare earned $0.47 in the first quarter, compared to $0.29 in the year-ago quarter. The stock has a 52-week-high of $30.18 and a 52-week-low of $5.94. At the end of the last trading period, 1Life Healthcare closed at $17.25.

According to Credit Suisse, the prior rating for Repay Holdings Corp RPAY was changed from Outperform to Neutral. In the first quarter, Repay Hldgs showed an EPS of $0.19, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $25.75 and a 52-week-low of $9.79. At the end of the last trading period, Repay Hldgs closed at $14.42.

For Unitil Corp UTL, B of A Securities downgraded the previous rating of Neutral to Underperform. For the first quarter, Unitil had an EPS of $1.35, compared to year-ago quarter EPS of $1.26. The current stock performance of Unitil shows a 52-week-high of $61.10 and a 52-week-low of $40.53. Moreover, at the end of the last trading period, the closing price was at $57.02.

According to Rosenblatt, the prior rating for Snap Inc SNAP was changed from Buy to Neutral. Snap earned $0.02 in the second quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $83.34 and a 52-week-low of $11.88. Snap closed at $16.35 at the end of the last trading period.

Evercore ISI Group downgraded the previous rating for Snap Inc SNAP from Outperform to In-Line. Snap earned $0.02 in the second quarter, compared to $0.10 in the year-ago quarter. The stock has a 52-week-high of $83.34 and a 52-week-low of $11.88. At the end of the last trading period, Snap closed at $16.35.

For Continental Resources Inc CLR, Piper Sandler downgraded the previous rating of Neutral to Underweight. For the first quarter, Continental Resources had an EPS of $2.65, compared to year-ago quarter EPS of $0.77. The current stock performance of Continental Resources shows a 52-week-high of $75.49 and a 52-week-low of $32.15. Moreover, at the end of the last trading period, the closing price was at $64.81.

Oppenheimer downgraded the previous rating for Snap Inc SNAP from Outperform to Perform. For the second quarter, Snap had an EPS of $0.02, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $83.34 and a 52-week-low of $11.88. Snap closed at $16.35 at the end of the last trading period.

Citigroup downgraded the previous rating for 1Life Healthcare Inc ONEM from Buy to Neutral. In the first quarter, 1Life Healthcare showed an EPS of $0.47, compared to $0.29 from the year-ago quarter. The current stock performance of 1Life Healthcare shows a 52-week-high of $30.18 and a 52-week-low of $5.94. Moreover, at the end of the last trading period, the closing price was at $17.25.

Morgan Stanley downgraded the previous rating for Micron Technology Inc MU from Equal-Weight to Underweight. In the third quarter, Micron Technology showed an EPS of $2.59, compared to $1.88 from the year-ago quarter. The current stock performance of Micron Technology shows a 52-week-high of $98.45 and a 52-week-low of $51.40. Moreover, at the end of the last trading period, the closing price was at $63.64.

For Snap Inc SNAP, Stifel downgraded the previous rating of Buy to Hold. In the second quarter, Snap showed an EPS of $0.02, compared to $0.10 from the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $83.34 and a 52-week-low of $11.88. Moreover, at the end of the last trading period, the closing price was at $16.35.

For Snap Inc SNAP, Goldman Sachs downgraded the previous rating of Buy to Neutral. For the second quarter, Snap had an EPS of $0.02, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $83.34 and a 52-week-low of $11.88. Snap closed at $16.35 at the end of the last trading period.

According to UBS, the prior rating for The Scotts Miracle Gro Co SMG was changed from Buy to Neutral. In the second quarter, Scotts Miracle Gro showed an EPS of $5.03, compared to $5.64 from the year-ago quarter. The stock has a 52-week-high of $183.65 and a 52-week-low of $72.58. At the end of the last trading period, Scotts Miracle Gro closed at $87.19.

For Snap Inc SNAP, Keybanc downgraded the previous rating of Overweight to Sector Weight. Snap earned $0.02 in the second quarter, compared to $0.10 in the year-ago quarter. The stock has a 52-week-high of $83.34 and a 52-week-low of $11.88. At the end of the last trading period, Snap closed at $16.35.

Keybanc downgraded the previous rating for ironSource Ltd IS from Overweight to Sector Weight. For the first quarter, ironSource had an EPS of $0.05, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $13.14 and a 52-week-low of $2.20. ironSource closed at $4.14 at the end of the last trading period.

According to Truist Securities, the prior rating for Snap Inc SNAP was changed from Buy to Hold. Snap earned $0.02 in the second quarter, compared to $0.10 in the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $83.34 and a 52-week-low of $11.88. Moreover, at the end of the last trading period, the closing price was at $16.35.

For Snap Inc SNAP, Atlantic Equities downgraded the previous rating of Overweight to Neutral. For the second quarter, Snap had an EPS of $0.02, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $83.34 and a 52-week-low of $11.88. Snap closed at $16.35 at the end of the last trading period.

Jefferies downgraded the previous rating for Aveanna Healthcare Holdings Inc AVAH from Buy to Hold. Aveanna Healthcare Hldgs earned $0.04 in the first quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Aveanna Healthcare Hldgs shows a 52-week-high of $11.09 and a 52-week-low of $2.07. Moreover, at the end of the last trading period, the closing price was at $2.23.

For 1Life Healthcare Inc ONEM, BTIG downgraded the previous rating of Buy to Neutral. In the first quarter, 1Life Healthcare showed an EPS of $0.47, compared to $0.29 from the year-ago quarter. The stock has a 52-week-high of $30.18 and a 52-week-low of $5.94. At the end of the last trading period, 1Life Healthcare closed at $17.25.

According to Jefferies, the prior rating for Apartment Income REIT Corp AIRC was changed from Buy to Hold. For the first quarter, Apartment Income REIT had an EPS of $0.57, compared to year-ago quarter EPS of $0.50. The current stock performance of Apartment Income REIT shows a 52-week-high of $55.82 and a 52-week-low of $39.06. Moreover, at the end of the last trading period, the closing price was at $43.11.

According to Citigroup, the prior rating for Discover Financial Services DFS was changed from Buy to Neutral. Discover Financial earned $3.96 in the second quarter, compared to $5.55 in the year-ago quarter. The current stock performance of Discover Financial shows a 52-week-high of $135.69 and a 52-week-low of $88.02. Moreover, at the end of the last trading period, the closing price was at $100.00.

See all analyst ratings downgrades.

Initiations

With an Overweight rating, Cantor Fitzgerald initiated coverage on BioVie Inc BIVI. The price target seems to have been set at $7.00 for BioVie. In the third quarter, BioVie showed an EPS of $0.28, compared to $0.22 from the year-ago quarter. The stock has a 52-week-high of $16.98 and a 52-week-low of $1.32. At the end of the last trading period, BioVie closed at $2.10.

With a Buy rating, Maxim Group initiated coverage on Sonic Foundry Inc SOFO. The price target seems to have been set at $5.00 for Sonic Foundry. For the second quarter, Sonic Foundry had an EPS of $0.15, compared to year-ago quarter EPS of $0.03. The current stock performance of Sonic Foundry shows a 52-week-high of $4.70 and a 52-week-low of $1.37. Moreover, at the end of the last trading period, the closing price was at $1.90.

With a Buy rating, Ladenburg Thalmann initiated coverage on Liquidia Corp LQDA. The price target seems to have been set at $15.00 for Liquidia. Liquidia earned $0.30 in the first quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $7.78 and a 52-week-low of $2.25. At the end of the last trading period, Liquidia closed at $5.03.

Seaport Global initiated coverage on Verano Holdings Corp VRNOF with a Buy rating. The price target for Verano Holdings is set to $11.00. The stock has a 52-week-high of $18.78 and a 52-week-low of $5.32. At the end of the last trading period, Verano Holdings closed at $6.75.

Seaport Global initiated coverage on Trulieve Cannabis Corp TCNNF with a Buy rating. The price target for Trulieve Cannabis is set to $23.00. Trulieve Cannabis earned $0.01 in the first quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $35.39 and a 52-week-low of $10.95. At the end of the last trading period, Trulieve Cannabis closed at $13.69.

Seaport Global initiated coverage on TerrAscend Corp TRSSF with a Buy rating. The price target for TerrAscend is set to $4.00. At the moment, the stock has a 52-week-high of $9.40 and a 52-week-low of $2.17. TerrAscend closed at $2.85 at the end of the last trading period.

Seaport Global initiated coverage on Jushi Holdings Inc JUSHF with a Buy rating. The price target for Jushi Holdings is set to $3.00. The stock has a 52-week-high of $5.69 and a 52-week-low of $1.31. At the end of the last trading period, Jushi Holdings closed at $2.17.

Seaport Global initiated coverage on Green Thumb Industries Inc GTBIF with a Buy rating. The price target for Green Thumb Industries is set to $15.00. For the first quarter, Green Thumb Industries had an EPS of $0.12, compared to year-ago quarter EPS of $0.05. At the moment, the stock has a 52-week-high of $33.35 and a 52-week-low of $7.72. Green Thumb Industries closed at $10.46 at the end of the last trading period.

With a Buy rating, Seaport Global initiated coverage on Curaleaf Holdings Inc CURLF. The price target seems to have been set at $9.00 for Curaleaf Holdings. Curaleaf Holdings earned $0.03 in the first quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $13.35 and a 52-week-low of $4.79. At the end of the last trading period, Curaleaf Holdings closed at $6.15.

With a Buy rating, Seaport Global initiated coverage on Ayr Wellness Inc AYRWF. The price target seems to have been set at $13.00 for Ayr Wellness. The stock has a 52-week-high of $31.60 and a 52-week-low of $4.61. At the end of the last trading period, Ayr Wellness closed at $5.65.

With a Buy rating, Seaport Global initiated coverage on Ascend Wellness Holdings Inc AAWH. The price target seems to have been set at $7.00 for Ascend Wellness Holdings. At the moment, the stock has a 52-week-high of $15.81 and a 52-week-low of $1.86. Ascend Wellness Holdings closed at $2.68 at the end of the last trading period.

With an Outperform rating, Telsey Advisory Group initiated coverage on Riverview Acquisition Corp RVAC. The price target seems to have been set at $14.00 for Riverview Acquisition. The current stock performance of Riverview Acquisition shows a 52-week-high of $10.41 and a 52-week-low of $9.64. Moreover, at the end of the last trading period, the closing price was at $9.93.

Benchmark initiated coverage on Riverview Acquisition Corp RVAC with a Buy rating. The price target for Riverview Acquisition is set to $15.00. The stock has a 52-week-high of $10.41 and a 52-week-low of $9.64. At the end of the last trading period, Riverview Acquisition closed at $9.93.

Piper Sandler initiated coverage on Warby Parker Inc WRBY with an Overweight rating. The price target for Warby Parker is set to $20.00. Warby Parker earned $0.30 in the first quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $60.30 and a 52-week-low of $10.86. At the end of the last trading period, Warby Parker closed at $12.19.

Piper Sandler initiated coverage on Walmart Inc WMT with a Neutral rating. The price target for Walmart is set to $135.00. Walmart earned $1.30 in the first quarter, compared to $1.69 in the year-ago quarter. The stock has a 52-week-high of $160.77 and a 52-week-low of $117.27. At the end of the last trading period, Walmart closed at $132.55.

Piper Sandler initiated coverage on Target Corp TGT with a Neutral rating. The price target for Target is set to $190.00. For the first quarter, Target had an EPS of $2.19, compared to year-ago quarter EPS of $3.69. The stock has a 52-week-high of $268.98 and a 52-week-low of $137.16. At the end of the last trading period, Target closed at $158.66.

With a Neutral rating, Piper Sandler initiated coverage on Peloton Interactive Inc PTON. The price target seems to have been set at $12.00 for Peloton Interactive. For the third quarter, Peloton Interactive had an EPS of $1.15, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $127.17 and a 52-week-low of $8.22. At the end of the last trading period, Peloton Interactive closed at $11.26.

Piper Sandler initiated coverage on Oxford Industries Inc OXM with an Overweight rating. The price target for Oxford Industries is set to $110.00. In the first quarter, Oxford Industries showed an EPS of $3.50, compared to $1.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $110.37 and a 52-week-low of $76.21. Oxford Industries closed at $93.88 at the end of the last trading period.

Piper Sandler initiated coverage on Nordstrom Inc JWN with an Overweight rating. The price target for Nordstrom is set to $28.00. Nordstrom earned $0.06 in the first quarter, compared to $0.64 in the year-ago quarter. The stock has a 52-week-high of $38.48 and a 52-week-low of $18.65. At the end of the last trading period, Nordstrom closed at $24.48.

Piper Sandler initiated coverage on Farfetch Ltd FTCH with a Neutral rating. The price target for Farfetch is set to $9.00. Farfetch earned $0.24 in the first quarter, compared to $0.22 in the year-ago quarter. The current stock performance of Farfetch shows a 52-week-high of $51.53 and a 52-week-low of $6.52. Moreover, at the end of the last trading period, the closing price was at $8.82.

With a Neutral rating, Piper Sandler initiated coverage on Etsy Inc ETSY. The price target seems to have been set at $95.00 for Etsy. Etsy earned $0.60 in the first quarter, compared to $1.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $307.75 and a 52-week-low of $67.01. Etsy closed at $96.87 at the end of the last trading period.

See all analyst ratings initiations.