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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For April 29, 2022

Upgrades

Fox Advisors upgraded the previous rating for Seagate Technology Holdings PLC (NASDAQ:STX) from Equal-Weight to Overweight. Seagate Tech Hldgs earned $1.81 in the third quarter, compared to $1.48 in the year-ago quarter. The current stock performance of Seagate Tech Hldgs shows a 52-week-high of $117.67 and a 52-week-low of $78.20. Moreover, at the end of the last trading period, the closing price was at $82.17.

According to Jefferies, the prior rating for MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was changed from Hold to Buy. In the second quarter, MACOM Technology Solns showed an EPS of $0.68, compared to $0.51 from the year-ago quarter. At the moment, the stock has a 52-week-high of $80.30 and a 52-week-low of $48.68. MACOM Technology Solns closed at $51.89 at the end of the last trading period.

According to B of A Securities, the prior rating for Sprouts Farmers Market Inc (NASDAQ:SFM) was changed from Underperform to Buy. Sprouts Farmers Market earned $0.32 in the fourth quarter, compared to $0.59 in the year-ago quarter. The stock has a 52-week-high of $35.34 and a 52-week-low of $21.18. At the end of the last trading period, Sprouts Farmers Market closed at $29.80.

According to B of A Securities, the prior rating for Grocery Outlet Holding Corp (NASDAQ:GO) was changed from Underperform to Buy. Grocery Outlet Holding earned $0.20 in the fourth quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $42.29 and a 52-week-low of $21.01. Grocery Outlet Holding closed at $33.06 at the end of the last trading period.

For Varonis Systems Inc (NASDAQ:VRNS), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. In the fourth quarter, Varonis Systems showed an EPS of $0.16, compared to $0.34 from the year-ago quarter. The current stock performance of Varonis Systems shows a 52-week-high of $73.46 and a 52-week-low of $32.11. Moreover, at the end of the last trading period, the closing price was at $44.11.

For Fortune Brands Home & Security Inc (NYSE:FBHS), B of A Securities upgraded the previous rating of Underperform to Neutral. In the first quarter, Fortune Brands Home showed an EPS of $1.31, compared to $1.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $114.00 and a 52-week-low of $68.27. Fortune Brands Home closed at $76.04 at the end of the last trading period.

According to MoffettNathanson, the prior rating for Roku Inc (NASDAQ:ROKU) was changed from Sell to Neutral. For the first quarter, Roku had an EPS of $0.19, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $490.76 and a 52-week-low of $83.72. At the end of the last trading period, Roku closed at $91.63.

According to National Bank Of Canada, the prior rating for Alamos Gold Inc (NYSE:AGI) was changed from Sector Perform to Outperform. For the first quarter, Alamos Gold had an EPS of $0.05, compared to year-ago quarter EPS of $0.13. The current stock performance of Alamos Gold shows a 52-week-high of $9.38 and a 52-week-low of $6.51. Moreover, at the end of the last trading period, the closing price was at $7.79.

For IQVIA Holdings Inc (NYSE:IQV), Piper Sandler upgraded the previous rating of Neutral to Overweight. IQVIA Hldgs earned $2.47 in the first quarter, compared to $2.18 in the year-ago quarter. The current stock performance of IQVIA Hldgs shows a 52-week-high of $285.61 and a 52-week-low of $204.50. Moreover, at the end of the last trading period, the closing price was at $219.40.

For Forward Air Corp (NASDAQ:FWRD), Stifel upgraded the previous rating of Hold to Buy. Forward Air earned $1.57 in the first quarter, compared to $0.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of $125.71 and a 52-week-low of $80.56. Forward Air closed at $98.00 at the end of the last trading period.

According to Wolfe Research, the prior rating for Reliance Steel & Aluminum Co (NYSE:RS) was changed from Peer Perform to Outperform. Reliance Steel & Aluminum earned $8.42 in the first quarter, compared to $4.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $204.93 and a 52-week-low of $135.46. Reliance Steel & Aluminum closed at $199.13 at the end of the last trading period.

According to Jefferies, the prior rating for Travel+Leisure Co (NYSE:TNL) was changed from Hold to Buy. Travel+Leisure earned $0.69 in the first quarter, compared to $0.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $68.26 and a 52-week-low of $46.10. Travel+Leisure closed at $55.62 at the end of the last trading period.

Credit Suisse upgraded the previous rating for Vtex (NYSE:VTEX) from Neutral to Outperform. The current stock performance of Vtex shows a 52-week-high of $33.36 and a 52-week-low of $5.22. Moreover, at the end of the last trading period, the closing price was at $5.43.

For Hub Group Inc (NASDAQ:HUBG), JP Morgan upgraded the previous rating of Neutral to Overweight. Hub Group earned $2.58 in the first quarter, compared to $0.51 in the year-ago quarter. At the moment, the stock has a 52-week-high of $87.20 and a 52-week-low of $60.81. Hub Group closed at $66.60 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Baird, the prior rating for VeriSign Inc (NASDAQ:VRSN) was changed from Outperform to Neutral. VeriSign earned $1.43 in the first quarter, compared to $1.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $257.03 and a 52-week-low of $198.53. VeriSign closed at $208.42 at the end of the last trading period.

For Okta Inc (NASDAQ:OKTA), OTR Global downgraded the previous rating of Mixed to Negative. For the fourth quarter, Okta had an EPS of $0.18, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $285.09 and a 52-week-low of $124.25. Okta closed at $131.70 at the end of the last trading period.

DZ Bank downgraded the previous rating for Verizon Communications Inc (NYSE:VZ) from Hold to Sell. For the first quarter, Verizon Communications had an EPS of $1.35, compared to year-ago quarter EPS of $1.31. The current stock performance of Verizon Communications shows a 52-week-high of $59.85 and a 52-week-low of $48.30. Moreover, at the end of the last trading period, the closing price was at $48.40.

According to Seaport Global, the prior rating for Sonic Automotive Inc (NYSE:SAH) was changed from Buy to Neutral. In the first quarter, Sonic Automotive showed an EPS of $2.33, compared to $1.23 from the year-ago quarter. The stock has a 52-week-high of $58.00 and a 52-week-low of $38.64. At the end of the last trading period, Sonic Automotive closed at $42.78.

For Accolade Inc (NASDAQ:ACCD), BTIG downgraded the previous rating of Buy to Neutral. In the fourth quarter, Accolade showed an EPS of $0.51, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $55.47 and a 52-week-low of $9.88. Accolade closed at $11.06 at the end of the last trading period.

According to B of A Securities, the prior rating for Comcast Corp (NASDAQ:CMCSA) was changed from Buy to Neutral. For the first quarter, Comcast had an EPS of $0.86, compared to year-ago quarter EPS of $0.76. The stock has a 52-week-high of $61.80 and a 52-week-low of $40.76. At the end of the last trading period, Comcast closed at $41.70.

Mizuho downgraded the previous rating for ONE Gas Inc (NYSE:OGS) from Buy to Neutral. For the fourth quarter, ONE Gas had an EPS of $1.12, compared to year-ago quarter EPS of $1.09. The stock has a 52-week-high of $92.26 and a 52-week-low of $62.52. At the end of the last trading period, ONE Gas closed at $87.57.

According to B of A Securities, the prior rating for Accolade Inc (NASDAQ:ACCD) was changed from Buy to Neutral. In the fourth quarter, Accolade showed an EPS of $0.51, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $55.47 and a 52-week-low of $9.88. Accolade closed at $11.06 at the end of the last trading period.

According to Raymond James, the prior rating for Old Republic International Corp (NYSE:ORI) was changed from Strong Buy to Outperform. Old Republic Intl earned $0.63 in the first quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $27.19 and a 52-week-low of $22.18. At the end of the last trading period, Old Republic Intl closed at $23.07.

According to Piper Sandler, the prior rating for First of Long Island Corp (NASDAQ:FLIC) was changed from Overweight to Neutral. In the first quarter, First of Long Island showed an EPS of $0.52, compared to $0.47 from the year-ago quarter. The current stock performance of First of Long Island shows a 52-week-high of $23.98 and a 52-week-low of $18.01. Moreover, at the end of the last trading period, the closing price was at $18.54.

According to B of A Securities, the prior rating for Columbia Sportswear Co (NASDAQ:COLM) was changed from Neutral to Underperform. For the first quarter, Columbia Sportswear had an EPS of $1.03, compared to year-ago quarter EPS of $0.84. The stock has a 52-week-high of $114.98 and a 52-week-low of $83.61. At the end of the last trading period, Columbia Sportswear closed at $88.26.

According to HC Wainwright & Co., the prior rating for Genocea Biosciences Inc (NASDAQ:GNCA) was changed from Buy to Neutral. Genocea Biosciences earned $0.19 in the fourth quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Genocea Biosciences shows a 52-week-high of $2.76 and a 52-week-low of $0.30. Moreover, at the end of the last trading period, the closing price was at $0.41.

According to Stifel, the prior rating for Genocea Biosciences Inc (NASDAQ:GNCA) was changed from Buy to Hold. Genocea Biosciences earned $0.19 in the fourth quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.76 and a 52-week-low of $0.30. Genocea Biosciences closed at $0.41 at the end of the last trading period.

SVB Leerink downgraded the previous rating for Accolade Inc (NASDAQ:ACCD) from Outperform to Market Perform. Accolade earned $0.51 in the fourth quarter, compared to $0.22 in the year-ago quarter. The current stock performance of Accolade shows a 52-week-high of $55.47 and a 52-week-low of $9.88. Moreover, at the end of the last trading period, the closing price was at $11.06.

Mizuho downgraded the previous rating for Stanley Black & Decker Inc (NYSE:SWK) from Buy to Neutral. For the first quarter, Stanley Black & Decker had an EPS of $2.10, compared to year-ago quarter EPS of $3.13. The current stock performance of Stanley Black & Decker shows a 52-week-high of $225.00 and a 52-week-low of $125.20. Moreover, at the end of the last trading period, the closing price was at $127.13.

Morgan Stanley downgraded the previous rating for Accolade Inc (NASDAQ:ACCD) from Overweight to Equal-Weight. For the fourth quarter, Accolade had an EPS of $0.51, compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $55.47 and a 52-week-low of $9.88. At the end of the last trading period, Accolade closed at $11.06.

According to Credit Suisse, the prior rating for Accolade Inc (NASDAQ:ACCD) was changed from Outperform to Neutral. Accolade earned $0.51 in the fourth quarter, compared to $0.22 in the year-ago quarter. The stock has a 52-week-high of $55.47 and a 52-week-low of $9.88. At the end of the last trading period, Accolade closed at $11.06.

Piper Sandler downgraded the previous rating for Visa Inc (NYSE:V) from Overweight to Neutral. For the second quarter, Visa had an EPS of $1.79, compared to year-ago quarter EPS of $1.38. The stock has a 52-week-high of $252.67 and a 52-week-low of $186.67. At the end of the last trading period, Visa closed at $220.66.

For Mastercard Inc (NYSE:MA), Piper Sandler downgraded the previous rating of Neutral to Underweight. For the first quarter, Mastercard had an EPS of $2.76, compared to year-ago quarter EPS of $1.74. The stock has a 52-week-high of $401.50 and a 52-week-low of $305.61. At the end of the last trading period, Mastercard closed at $378.83.

For Domino's Pizza Inc (NYSE:DPZ), BTIG downgraded the previous rating of Buy to Neutral. In the first quarter, Domino's Pizza showed an EPS of $2.50, compared to $3.00 from the year-ago quarter. The stock has a 52-week-high of $567.57 and a 52-week-low of $335.63. At the end of the last trading period, Domino's Pizza closed at $353.88.

For Fortune Brands Home & Security Inc (NYSE:FBHS), Keybanc downgraded the previous rating of Overweight to Sector Weight. For the first quarter, Fortune Brands Home had an EPS of $1.31, compared to year-ago quarter EPS of $1.36. The stock has a 52-week-high of $114.00 and a 52-week-low of $68.27. At the end of the last trading period, Fortune Brands Home closed at $76.04.

See all analyst ratings downgrades.

Initiations

Cantor Fitzgerald initiated coverage on Roivant Sciences Ltd (NASDAQ:ROIV) with an Overweight rating. The price target for Roivant Sciences is set to $15.00. The stock has a 52-week-high of $16.76 and a 52-week-low of $3.63. At the end of the last trading period, Roivant Sciences closed at $3.86.

UBS initiated coverage on Ermenegildo Zegna NV (NYSE:ZGN) with a Neutral rating. The price target for Ermenegildo Zegna is set to $11.00. The current stock performance of Ermenegildo Zegna shows a 52-week-high of $12.65 and a 52-week-low of $8.89. Moreover, at the end of the last trading period, the closing price was at $10.24.

With an Outperform rating, RBC Capital initiated coverage on Constellation Energy Corp (NASDAQ:CEG). The price target seems to have been set at $72.00 for Constellation Energy. The stock has a 52-week-high of $68.68 and a 52-week-low of $42.18. At the end of the last trading period, Constellation Energy closed at $61.31.

Wedbush initiated coverage on Lululemon Athletica Inc (NASDAQ:LULU) with an Outperform rating. The price target for Lululemon Athletica is set to $430.00. In the fourth quarter, Lululemon Athletica showed an EPS of $3.37, compared to $2.58 from the year-ago quarter. At the moment, the stock has a 52-week-high of $485.82 and a 52-week-low of $278.00. Lululemon Athletica closed at $362.43 at the end of the last trading period.

With an Outperform rating, Wedbush initiated coverage on Crocs Inc (NASDAQ:CROX). The price target seems to have been set at $90.00 for Crocs. In the fourth quarter, Crocs showed an EPS of $2.15, compared to $1.06 from the year-ago quarter. The current stock performance of Crocs shows a 52-week-high of $183.88 and a 52-week-low of $64.70. Moreover, at the end of the last trading period, the closing price was at $67.82.

Wedbush initiated coverage on Allbirds Inc (NASDAQ:BIRD) with an Outperform rating. The price target for Allbirds is set to $8.00. At the moment, the stock has a 52-week-high of $32.44 and a 52-week-low of $4.75. Allbirds closed at $5.08 at the end of the last trading period.

See all analyst ratings initiations.

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