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Benzinga
Benzinga
Business
Benzinga Insights

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

Upgrades

Tudor Pickering upgraded the previous rating for EQT Corp (NYSE:EQT) from Hold to Buy. EQT earned $0.41 in the fourth quarter, compared to $0.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $38.73 and a 52-week-low of $15.71. EQT closed at $38.31 at the end of the last trading period.

For JetBlue Airways Corp (NASDAQ:JBLU), MKM Partners upgraded the previous rating of Sell to Neutral. JetBlue Airways earned $0.36 in the fourth quarter, compared to $1.53 in the year-ago quarter. The current stock performance of JetBlue Airways shows a 52-week-high of $21.60 and a 52-week-low of $11.37. Moreover, at the end of the last trading period, the closing price was at $11.90.

For PPL Corp (NYSE:PPL), Credit Suisse upgraded the previous rating of Neutral to Outperform. In the fourth quarter, PPL showed an EPS of $0.22, compared to $0.59 from the year-ago quarter. The stock has a 52-week-high of $30.71 and a 52-week-low of $25.27. At the end of the last trading period, PPL closed at $29.11.

For KeyCorp (NYSE:KEY), Wells Fargo upgraded the previous rating of Underweight to Overweight. KeyCorp earned $0.64 in the fourth quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $27.17 and a 52-week-low of $17.90. At the end of the last trading period, KeyCorp closed at $20.77.

According to Wells Fargo, the prior rating for Regions Financial Corp (NYSE:RF) was changed from Equal-Weight to Overweight. For the fourth quarter, Regions Financial had an EPS of $0.44, compared to year-ago quarter EPS of $0.61. At the moment, the stock has a 52-week-high of $25.57 and a 52-week-low of $18.02. Regions Financial closed at $20.75 at the end of the last trading period.

Citigroup upgraded the previous rating for Wells Fargo & Co (NYSE:WFC) from Neutral to Buy. In the fourth quarter, Wells Fargo showed an EPS of $1.38, compared to $0.64 from the year-ago quarter. The stock has a 52-week-high of $60.30 and a 52-week-low of $39.06. At the end of the last trading period, Wells Fargo closed at $48.73.

According to JP Morgan, the prior rating for Essent Group Ltd (NYSE:ESNT) was changed from Neutral to Overweight. For the fourth quarter, Essent Gr had an EPS of $1.64, compared to year-ago quarter EPS of $1.10. The stock has a 52-week-high of $54.22 and a 52-week-low of $39.26. At the end of the last trading period, Essent Gr closed at $40.25.

For NexGen Energy Ltd (NYSE:NXE), RBC Capital upgraded the previous rating of Sector Perform to Outperform. The current stock performance of NexGen Energy shows a 52-week-high of $6.50 and a 52-week-low of $3.42. Moreover, at the end of the last trading period, the closing price was at $6.19.

For EPAM Systems Inc (NYSE:EPAM), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. EPAM Sys earned $2.76 in the fourth quarter, compared to $1.81 in the year-ago quarter. The stock has a 52-week-high of $725.40 and a 52-week-low of $168.59. At the end of the last trading period, EPAM Sys closed at $308.69.

For Photronics Inc (NASDAQ:PLAB), Stifel upgraded the previous rating of Hold to Buy. For the first quarter, Photronics had an EPS of $0.38, compared to year-ago quarter EPS of $0.13. The current stock performance of Photronics shows a 52-week-high of $20.30 and a 52-week-low of $11.65. Moreover, at the end of the last trading period, the closing price was at $14.51.

According to RBC Capital, the prior rating for Clear Channel Outdoor Holdings Inc (NYSE:CCO) was changed from Sector Perform to Outperform. For the fourth quarter, Clear Channel Outdoor had an EPS of $0.13, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $4.10 and a 52-week-low of $1.87. At the end of the last trading period, Clear Channel Outdoor closed at $3.18.

For CatchMark Timber Trust Inc (NYSE:CTT), Baird upgraded the previous rating of Neutral to Outperform. For the fourth quarter, CatchMark Timber Trust had an EPS of $0.70, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $12.78 and a 52-week-low of $7.18. CatchMark Timber Trust closed at $8.00 at the end of the last trading period.

Piper Sandler upgraded the previous rating for ChampionX Corp (NASDAQ:CHX) from Neutral to Overweight. 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 $23.82.

See all analyst ratings upgrades.

Downgrades

According to Alembic Global, the prior rating for Barnes Group Inc (NYSE:B) was changed from Overweight to Neutral. In the fourth quarter, Barnes Gr showed an EPS of $0.55, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $56.98 and a 52-week-low of $36.95. Barnes Gr closed at $36.97 at the end of the last trading period.

According to B of A Securities, the prior rating for Fortune Brands Home & Security Inc (NYSE:FBHS) was changed from Buy to Underperform. For the fourth quarter, Fortune Brands Home had an EPS of $1.32, compared to year-ago quarter EPS of $1.25. The current stock performance of Fortune Brands Home shows a 52-week-high of $114.00 and a 52-week-low of $70.84. Moreover, at the end of the last trading period, the closing price was at $72.89.

For SBA Communications Corp (NASDAQ:SBAC), MoffettNathanson downgraded the previous rating of Buy to Neutral. In the fourth quarter, SBA Communications showed an EPS of $0.44, compared to $0.94 from the year-ago quarter. The current stock performance of SBA Communications shows a 52-week-high of $391.15 and a 52-week-low of $274.60. Moreover, at the end of the last trading period, the closing price was at $372.72.

For TC Energy Corp (NYSE:TRP), Wolfe Research downgraded the previous rating of Peer Perform to Underperform. In the fourth quarter, TC Energy showed an EPS of $0.84, compared to $0.99 from the year-ago quarter. At the moment, the stock has a 52-week-high of $59.06 and a 52-week-low of $44.77. TC Energy closed at $58.73 at the end of the last trading period.

According to B of A Securities, the prior rating for Masco Corp (NYSE:MAS) was changed from Buy to Neutral. In the fourth quarter, Masco showed an EPS of $0.67, compared to $0.75 from the year-ago quarter. The current stock performance of Masco shows a 52-week-high of $71.06 and a 52-week-low of $49.78. Moreover, at the end of the last trading period, the closing price was at $50.67.

For Truist Financial Corp (NYSE:TFC), Citigroup downgraded the previous rating of Buy to Neutral. Truist Financial earned $1.38 in the fourth quarter, compared to $1.18 in the year-ago quarter. The current stock performance of Truist Financial shows a 52-week-high of $68.95 and a 52-week-low of $51.87. Moreover, at the end of the last trading period, the closing price was at $53.87.

Citigroup downgraded the previous rating for State Street Corporation (NYSE:STT) from Buy to Neutral. In the fourth quarter, State Street showed an EPS of $2.00, compared to $1.69 from the year-ago quarter. The current stock performance of State Street shows a 52-week-high of $104.87 and a 52-week-low of $76.92. Moreover, at the end of the last trading period, the closing price was at $84.17.

According to Citigroup, the prior rating for Citizens Financial Group Inc (NYSE:CFG) was changed from Buy to Neutral. Citizens Financial Group earned $1.26 in the fourth quarter, compared to $1.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $57.00 and a 52-week-low of $39.55. Citizens Financial Group closed at $41.83 at the end of the last trading period.

B of A Securities downgraded the previous rating for BioCryst Pharmaceuticals Inc (NASDAQ:BCRX) from Buy to Neutral. For the fourth quarter, BioCryst Pharmaceuticals had an EPS of $0.40, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $19.99 and a 52-week-low of $9.23. At the end of the last trading period, BioCryst Pharmaceuticals closed at $11.12.

JP Morgan downgraded the previous rating for Navient Corp (NASDAQ:NAVI) from Neutral to Underweight. Navient earned $0.78 in the fourth quarter, compared to $0.97 in the year-ago quarter. The stock has a 52-week-high of $23.80 and a 52-week-low of $14.30. At the end of the last trading period, Navient closed at $16.61.

BMO Capital downgraded the previous rating for Galiano Gold Inc (AMEX:GAU) from Market Perform to Underperform. For the fourth quarter, Galiano Gold had an EPS of $0.06, compared to year-ago quarter EPS of $0.08. The current stock performance of Galiano Gold shows a 52-week-high of $1.41 and a 52-week-low of $0.50. Moreover, at the end of the last trading period, the closing price was at $0.54.

For Cerner Corp (NASDAQ:CERN), Argus Research downgraded the previous rating of Buy to Hold. In the fourth quarter, Cerner showed an EPS of $0.93, compared to $0.78 from the year-ago quarter. At the moment, the stock has a 52-week-high of $93.87 and a 52-week-low of $69.08. Cerner closed at $93.40 at the end of the last trading period.

Keybanc downgraded the previous rating for LXP Industrial Trust (NYSE:LXP) from Overweight to Sector Weight. In the fourth quarter, LXP Industrial Trust showed an EPS of $0.18, compared to $0.19 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.11 and a 52-week-low of $11.38. LXP Industrial Trust closed at $13.42 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Kinder Morgan Inc (NYSE:KMI) from Peer Perform to Underperform. In the fourth quarter, Kinder Morgan showed an EPS of $0.27, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $19.59 and a 52-week-low of $15.01. At the end of the last trading period, Kinder Morgan closed at $19.48.

For CommScope Holding Co Inc (NASDAQ:COMM), Raymond James downgraded the previous rating of Market Perform to Underperform. CommScope Hldg Co earned $0.31 in the fourth quarter, compared to $0.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $22.18 and a 52-week-low of $6.40. CommScope Hldg Co closed at $6.87 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Cactus Inc (NYSE:WHD) was changed from Overweight to Equal-Weight. For the fourth quarter, Cactus had an EPS of $0.25, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $64.18 and a 52-week-low of $27.26. At the end of the last trading period, Cactus closed at $57.84.

Morgan Stanley downgraded the previous rating for Sterling Check Corp (NASDAQ:STER) from Overweight to Equal-Weight. The stock has a 52-week-high of $28.99 and a 52-week-low of $17.27. At the end of the last trading period, Sterling Check closed at $25.99.

Jefferies downgraded the previous rating for KeyCorp (NYSE:KEY) from Buy to Hold. KeyCorp earned $0.64 in the fourth quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $27.17 and a 52-week-low of $17.90. At the end of the last trading period, KeyCorp closed at $20.77.

According to Jefferies, the prior rating for T. Rowe Price Group Inc (NASDAQ:TROW) was changed from Buy to Hold. In the fourth quarter, T. Rowe Price Gr showed an EPS of $3.17, compared to $2.89 from the year-ago quarter. The current stock performance of T. Rowe Price Gr shows a 52-week-high of $224.56 and a 52-week-low of $133.07. Moreover, at the end of the last trading period, the closing price was at $146.15.

For NVIDIA Corp (NASDAQ:NVDA), Baird downgraded the previous rating of Outperform to Neutral. NVIDIA earned $1.32 in the fourth quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $346.47 and a 52-week-low of $134.59. NVIDIA closed at $231.19 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

For Visteon Corp (NASDAQ:VC), Exane BNP Paribas initiated coverage, by setting the current rating at Neutral. Visteon earned $1.69 in the fourth quarter, compared to $1.06 in the year-ago quarter. The stock has a 52-week-high of $134.57 and a 52-week-low of $91.59. At the end of the last trading period, Visteon closed at $98.78.

Exane BNP Paribas initiated coverage on American Axle & Mfg Holdings Inc (NYSE:AXL) with a Neutral rating. American Axle & Mfg Hldgs earned $0.09 in the fourth quarter, compared to $0.51 in the year-ago quarter. The current stock performance of American Axle & Mfg Hldgs shows a 52-week-high of $13.05 and a 52-week-low of $6.41. Moreover, at the end of the last trading period, the closing price was at $6.76.

For Lucid Group Inc (NASDAQ:LCID), Exane BNP Paribas initiated coverage, by setting the current rating at Outperform. The current stock performance of Lucid Gr shows a 52-week-high of $57.75 and a 52-week-low of $16.12. Moreover, at the end of the last trading period, the closing price was at $21.67.

For BorgWarner Inc (NYSE:BWA), Exane BNP Paribas initiated coverage, by setting the current rating at Neutral. For the fourth quarter, BorgWarner had an EPS of $1.06, compared to year-ago quarter EPS of $1.18. The stock has a 52-week-high of $55.55 and a 52-week-low of $34.85. At the end of the last trading period, BorgWarner closed at $36.41.

For Dana Inc (NYSE:DAN), Exane BNP Paribas initiated coverage, by setting the current rating at Neutral. For the fourth quarter, Dana had an EPS of $0.00, compared to year-ago quarter EPS of $0.24. At the moment, the stock has a 52-week-high of $28.44 and a 52-week-low of $14.44. Dana closed at $15.17 at the end of the last trading period.

Exane BNP Paribas initiated coverage on Fisker Inc (NYSE:FSR) with an Outperform rating. In the fourth quarter, Fisker showed an EPS of $0.47, compared to $0.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.75 and a 52-week-low of $9.61. Fisker closed at $12.48 at the end of the last trading period.

For Ford Motor Co (NYSE:F), Exane BNP Paribas initiated coverage, by setting the current rating at Outperform. For the fourth quarter, Ford Motor had an EPS of $0.26, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $25.87 and a 52-week-low of $11.14. Ford Motor closed at $15.05 at the end of the last trading period.

Exane BNP Paribas initiated coverage on General Motors Co (NYSE:GM) with an Outperform rating. For the fourth quarter, General Motors had an EPS of $1.35, compared to year-ago quarter EPS of $2.52. The stock has a 52-week-high of $67.21 and a 52-week-low of $37.60. At the end of the last trading period, General Motors closed at $39.35.

For Gentex Corp (NASDAQ:GNTX), Exane BNP Paribas initiated coverage, by setting the current rating at Outperform. In the fourth quarter, Gentex showed an EPS of $0.35, compared to $0.58 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.90 and a 52-week-low of $27.06. Gentex closed at $27.45 at the end of the last trading period.

For Goodyear Tire & Rubber Co (NASDAQ:GT), Exane BNP Paribas initiated coverage, by setting the current rating at Neutral. For the fourth quarter, Goodyear Tire & Rubber had an EPS of $0.57, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $24.89 and a 52-week-low of $11.64. Goodyear Tire & Rubber closed at $12.83 at the end of the last trading period.

Northcoast Research initiated coverage on Carvana Co (NYSE:CVNA) with a Neutral rating. Carvana earned $1.02 in the fourth quarter, compared to $0.40 in the year-ago quarter. The current stock performance of Carvana shows a 52-week-high of $376.83 and a 52-week-low of $97.70. Moreover, at the end of the last trading period, the closing price was at $107.31.

Exane BNP Paribas initiated coverage on Rivian Automotive Inc (NASDAQ:RIVN) with an Underperform rating. The price target for Rivian Automotive is set to $35.00. At the moment, the stock has a 52-week-high of $179.47 and a 52-week-low of $33.46. Rivian Automotive closed at $38.80 at the end of the last trading period.

With a Buy rating, Monness, Crespi, Hardt initiated coverage on Palantir Technologies Inc (NYSE:PLTR). The price target seems to have been set at $20.00 for Palantir Technologies. For the fourth quarter, Palantir Technologies had an EPS of $0.02, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $29.29 and a 52-week-low of $9.74. At the end of the last trading period, Palantir Technologies closed at $12.70.

For Lear Corp (NYSE:LEA), Exane BNP Paribas initiated coverage, by setting the current rating at Underperform. For the fourth quarter, Lear had an EPS of $1.22, compared to year-ago quarter EPS of $3.66. The current stock performance of Lear shows a 52-week-high of $204.91 and a 52-week-low of $123.28. Moreover, at the end of the last trading period, the closing price was at $127.73.

With a Hold rating, Deutsche Bank initiated coverage on Vertical Aerospace Ltd (NYSE:EVTL). The price target seems to have been set at $9.00 for Vertical Aerospace. The stock has a 52-week-high of $18.44 and a 52-week-low of $6.29. At the end of the last trading period, Vertical Aerospace closed at $7.29.

With a Hold rating, Deutsche Bank initiated coverage on Joby Aviation Inc (NYSE:JOBY). The price target seems to have been set at $8.00 for Joby Aviation. Joby Aviation earned $0.01 in the fourth quarter, compared to $0.31 in the year-ago quarter. The stock has a 52-week-high of $14.33 and a 52-week-low of $3.61. At the end of the last trading period, Joby Aviation closed at $5.27.

With a Buy rating, Deutsche Bank initiated coverage on Archer Aviation Inc (NYSE:ACHR). The price target seems to have been set at $10.00 for Archer Aviation. The current stock performance of Archer Aviation shows a 52-week-high of $10.72 and a 52-week-low of $2.61. Moreover, at the end of the last trading period, the closing price was at $3.96.

HC Wainwright & Co. initiated coverage on Syndax Pharmaceuticals Inc (NASDAQ:SNDX) with a Buy rating. The price target for Syndax Pharmaceuticals is set to $31.00. For the fourth quarter, Syndax Pharmaceuticals had an EPS of $1.81, compared to year-ago quarter EPS of $0.44. The current stock performance of Syndax Pharmaceuticals shows a 52-week-high of $22.99 and a 52-week-low of $13.02. Moreover, at the end of the last trading period, the closing price was at $17.51.

Wells Fargo initiated coverage on HealthEquity Inc (NASDAQ:HQY) with an Overweight rating. The price target for HealthEquity is set to $95.00. In the fourth quarter, HealthEquity showed an EPS of $0.20, compared to $0.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $84.78 and a 52-week-low of $36.80. HealthEquity closed at $67.29 at the end of the last trading period.

Wolfe Research initiated coverage on Qualys Inc (NASDAQ:QLYS) with an Outperform rating. The price target for Qualys is set to $162.00. Qualys earned $0.84 in the fourth quarter, compared to $0.71 in the year-ago quarter. The stock has a 52-week-high of $145.50 and a 52-week-low of $92.00. At the end of the last trading period, Qualys closed at $138.13.

With an Outperform rating, Wolfe Research initiated coverage on Rapid7 Inc (NASDAQ:RPD). The price target seems to have been set at $122.00 for Rapid7. In the fourth quarter, Rapid7 showed an EPS of $0.16, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $145.00 and a 52-week-low of $72.96. At the end of the last trading period, Rapid7 closed at $105.09.

Wolfe Research initiated coverage on Tenable Holdings Inc (NASDAQ:TENB) with an Outperform rating. The price target for Tenable Holdings is set to $70.00. Tenable Holdings earned $0.05 in the fourth quarter, compared to $0.13 in the year-ago quarter. The current stock performance of Tenable Holdings shows a 52-week-high of $60.37 and a 52-week-low of $35.52. Moreover, at the end of the last trading period, the closing price was at $56.27.

Wells Fargo initiated coverage on GoodRx Holdings Inc (NASDAQ:GDRX) with a Equal-Weight rating. The price target for GoodRx Holdings is set to $20.00. In the fourth quarter, GoodRx Holdings showed an EPS of $0.09, compared to $0.08 from the year-ago quarter. The current stock performance of GoodRx Holdings shows a 52-week-high of $48.05 and a 52-week-low of $13.44. Moreover, at the end of the last trading period, the closing price was at $18.52.

Wells Fargo initiated coverage on Accolade Inc (NASDAQ:ACCD) with an Underweight rating. The price target for Accolade is set to $9.00. In the third quarter, Accolade showed an EPS of $0.52, compared to $0.32 from the year-ago quarter. The current stock performance of Accolade shows a 52-week-high of $55.47 and a 52-week-low of $12.64. Moreover, at the end of the last trading period, the closing price was at $15.41.

With a Buy rating, Loop Capital initiated coverage on Match Group Inc (NASDAQ:MTCH). The price target seems to have been set at $140.00 for Match Group. Match Group earned $0.60 in the fourth quarter, compared to $0.48 in the year-ago quarter. The current stock performance of Match Group shows a 52-week-high of $182.00 and a 52-week-low of $84.20. Moreover, at the end of the last trading period, the closing price was at $100.48.

With an Outperform rating, Cowen & Co. initiated coverage on Allego NV (NYSE:ALLG). The price target seems to have been set at $19.00 for Allego. At the moment, the stock has a 52-week-high of $28.44 and a 52-week-low of $7.42. Allego closed at $12.61 at the end of the last trading period.

See all analyst ratings initiations.

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