Upgrades
According to B of A Securities, the prior rating for Plains GP Holdings LP (NASDAQ:PAGP) was changed from Underperform to Neutral. For the first quarter, Plains GP Holdings had an EPS of $0.31, compared to year-ago quarter EPS of $0.25. The current stock performance of Plains GP Holdings shows a 52-week-high of $12.84 and a 52-week-low of $9.24. Moreover, at the end of the last trading period, the closing price was at $10.57.
According to B of A Securities, the prior rating for Plains All American Pipeline LP (NASDAQ:PAA) was changed from Underperform to Neutral. In the first quarter, Plains All American showed an EPS of $0.31, compared to $0.25 from the year-ago quarter. The current stock performance of Plains All American shows a 52-week-high of $12.10 and a 52-week-low of $8.64. Moreover, at the end of the last trading period, the closing price was at $10.43.
B of A Securities upgraded the previous rating for Canadian Natural Resources Ltd (NYSE:CNQ) from Neutral to Buy. Canadian Natural Res earned $2.26 in the first quarter, compared to $0.81 in the year-ago quarter. At the moment, the stock has a 52-week-high of $70.60 and a 52-week-low of $29.53. Canadian Natural Res closed at $48.81 at the end of the last trading period.
For EOG Resources Inc (NYSE:EOG), B of A Securities upgraded the previous rating of Neutral to Buy. EOG Resources earned $4.00 in the first quarter, compared to $1.62 in the year-ago quarter. The current stock performance of EOG Resources shows a 52-week-high of $147.99 and a 52-week-low of $62.81. Moreover, at the end of the last trading period, the closing price was at $99.53.
According to B of A Securities, the prior rating for Ovintiv Inc (NYSE:OVV) was changed from Neutral to Buy. Ovintiv earned $2.17 in the first quarter, compared to $1.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $63.30 and a 52-week-low of $21.91. Ovintiv closed at $43.44 at the end of the last trading period.
According to Cowen & Co., the prior rating for Takeda Pharmaceutical Co Ltd (NYSE:TAK) was changed from Market Perform to Outperform. Takeda Pharmaceutical earned $0.40 in the fourth quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of $17.31 and a 52-week-low of $13.05. At the end of the last trading period, Takeda Pharmaceutical closed at $14.41.
B of A Securities upgraded the previous rating for Southwestern Energy Co (NYSE:SWN) from Neutral to Buy. In the first quarter, Southwestern Energy showed an EPS of $0.40, compared to $0.29 from the year-ago quarter. The current stock performance of Southwestern Energy shows a 52-week-high of $9.87 and a 52-week-low of $3.81. Moreover, at the end of the last trading period, the closing price was at $6.06.
For ConocoPhillips (NYSE:COP), B of A Securities upgraded the previous rating of Neutral to Buy. In the first quarter, ConocoPhillips showed an EPS of $3.27, compared to $0.69 from the year-ago quarter. The stock has a 52-week-high of $124.08 and a 52-week-low of $51.41. At the end of the last trading period, ConocoPhillips closed at $85.07.
For Arista Networks Inc (NYSE:ANET), Needham upgraded the previous rating of Hold to Buy. For the first quarter, Arista Networks had an EPS of $0.84, compared to year-ago quarter EPS of $0.63. At the moment, the stock has a 52-week-high of $536.54 and a 52-week-low of $89.11. Arista Networks closed at $100.58 at the end of the last trading period.
Morgan Stanley upgraded the previous rating for Cinemark Holdings Inc (NYSE:CNK) from Equal-Weight to Overweight. For the first quarter, Cinemark Hldgs had an EPS of $0.62, compared to year-ago quarter EPS of $1.73. At the moment, the stock has a 52-week-high of $23.15 and a 52-week-low of $13.37. Cinemark Hldgs closed at $16.64 at the end of the last trading period.
For Hudbay Minerals Inc (NYSE:HBM), Barclays upgraded the previous rating of Equal-Weight to Overweight. Hudbay Minerals earned $0.02 in the first quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.75 and a 52-week-low of $3.08. Hudbay Minerals closed at $3.39 at the end of the last trading period.
For Exxon Mobil Corp (NYSE:XOM), Piper Sandler upgraded the previous rating of Neutral to Overweight. For the first quarter, Exxon Mobil had an EPS of $2.07, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of $105.57 and a 52-week-low of $52.10. At the end of the last trading period, Exxon Mobil closed at $86.10.
According to Piper Sandler, the prior rating for FTC Solar Inc (NASDAQ:FTCI) was changed from Underweight to Neutral. FTC Solar earned $0.20 in the first quarter, compared to $0.10 in the year-ago quarter. The current stock performance of FTC Solar shows a 52-week-high of $11.54 and a 52-week-low of $2.12. Moreover, at the end of the last trading period, the closing price was at $3.55.
According to Credit Suisse, the prior rating for Credicorp Ltd (NYSE:BAP) was changed from Neutral to Outperform. In the first quarter, Credicorp showed an EPS of $3.70, compared to $0.70 from the year-ago quarter. The current stock performance of Credicorp shows a 52-week-high of $182.11 and a 52-week-low of $88.67. Moreover, at the end of the last trading period, the closing price was at $119.58.
See all analyst ratings upgrades.
Downgrades
According to Northland Capital Markets, the prior rating for Shoals Technologies Group Inc (NASDAQ:SHLS) was changed from Outperform to Market Perform. In the first quarter, Shoals Technologies Gr showed an EPS of $0.05, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $36.86 and a 52-week-low of $9.58. At the end of the last trading period, Shoals Technologies Gr closed at $16.96.
Wolfe Research downgraded the previous rating for Innovative Industrial Properties Inc (NYSE:IIPR) from Outperform to Peer Perform. Innovative Ind Props earned $2.04 in the first quarter, compared to $1.47 in the year-ago quarter. The stock has a 52-week-high of $288.02 and a 52-week-low of $91.55. At the end of the last trading period, Innovative Ind Props closed at $91.76.
According to BWS Financial, the prior rating for Tuesday Morning Corp (NASDAQ:TUEM) was changed from Buy to Neutral. For the third quarter, Tuesday Morning had an EPS of $0.21, compared to year-ago quarter EPS of $0.55. At the moment, the stock has a 52-week-high of $4.68 and a 52-week-low of $0.30. Tuesday Morning closed at $0.33 at the end of the last trading period.
For Block Inc (NYSE:SQ), Macquarie downgraded the previous rating of Outperform to Neutral. In the first quarter, Block showed an EPS of $0.18, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $289.23 and a 52-week-low of $56.01. Block closed at $66.27 at the end of the last trading period.
According to Citigroup, the prior rating for IBEX Holdings Ltd (NASDAQ:IBEX) was changed from Buy to Neutral. For the third quarter, IBEX Holdings had an EPS of $0.57, compared to year-ago quarter EPS of $0.32. The current stock performance of IBEX Holdings shows a 52-week-high of $22.90 and a 52-week-low of $10.77. Moreover, at the end of the last trading period, the closing price was at $18.87.
B of A Securities downgraded the previous rating for Pioneer Natural Resources Co (NYSE:PXD) from Neutral to Underperform. Pioneer Natural Resources earned $7.74 in the first quarter, compared to $1.77 in the year-ago quarter. The stock has a 52-week-high of $288.46 and a 52-week-low of $133.73. At the end of the last trading period, Pioneer Natural Resources closed at $211.00.
According to B of A Securities, the prior rating for Denbury Inc (NYSE:DEN) was changed from Neutral to Underperform. Denbury earned $1.69 in the first quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $91.30 and a 52-week-low of $56.59. At the end of the last trading period, Denbury closed at $59.89.
According to B of A Securities, the prior rating for California Resources Corp (NYSE:CRC) was changed from Buy to Underperform. In the first quarter, California Resources showed an EPS of $1.13, compared to $1.22 from the year-ago quarter. The current stock performance of California Resources shows a 52-week-high of $50.44 and a 52-week-low of $24.88. Moreover, at the end of the last trading period, the closing price was at $42.26.
According to Benchmark, the prior rating for Invitae Corp (NYSE:NVTA) was changed from Buy to Hold. For the first quarter, Invitae had an EPS of $0.78, compared to year-ago quarter EPS of $0.63. At the moment, the stock has a 52-week-high of $32.93 and a 52-week-low of $2.08. Invitae closed at $2.67 at the end of the last trading period.
Needham downgraded the previous rating for Viavi Solutions Inc (NASDAQ:VIAV) from Buy to Hold. For the third quarter, Viavi Solutions had an EPS of $0.22, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $18.14 and a 52-week-low of $12.65. At the end of the last trading period, Viavi Solutions closed at $13.69.
SVB Leerink downgraded the previous rating for Invitae Corp (NYSE:NVTA) from Outperform to Market Perform. Invitae earned $0.78 in the first quarter, compared to $0.63 in the year-ago quarter. The stock has a 52-week-high of $32.93 and a 52-week-low of $2.08. At the end of the last trading period, Invitae closed at $2.67.
For StepStone Group Inc (NASDAQ:STEP), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the fourth quarter, StepStone Group showed an EPS of $0.38, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $55.19 and a 52-week-low of $22.39. At the end of the last trading period, StepStone Group closed at $24.02.
Morgan Stanley downgraded the previous rating for Apollo Global Management Inc (NYSE:APO) from Overweight to Equal-Weight. For the first quarter, Apollo Global Management had an EPS of $1.52, compared to year-ago quarter EPS of $0.66. At the moment, the stock has a 52-week-high of $81.07 and a 52-week-low of $45.97. Apollo Global Management closed at $51.30 at the end of the last trading period.
According to William Blair, the prior rating for Beacon Roofing Supply Inc (NASDAQ:BECN) was changed from Outperform to Market Perform. For the second quarter, Beacon Roofing Supply had an EPS of $1.06, compared to year-ago quarter EPS of $0.32. The stock has a 52-week-high of $65.30 and a 52-week-low of $45.71. At the end of the last trading period, Beacon Roofing Supply closed at $55.21.
RBC Capital downgraded the previous rating for Duck Creek Technologies Inc (NASDAQ:DCT) from Outperform to Sector Perform. Duck Creek Technologies earned $0.01 in the third quarter, compared to $0.03 in the year-ago quarter. The current stock performance of Duck Creek Technologies shows a 52-week-high of $50.90 and a 52-week-low of $13.44. Moreover, at the end of the last trading period, the closing price was at $14.14.
RBC Capital downgraded the previous rating for Fastly Inc (NYSE:FSLY) from Sector Perform to Underperform. Fastly earned $0.15 in the first quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of $58.62 and a 52-week-low of $9.50. At the end of the last trading period, Fastly closed at $12.19.
According to RBC Capital, the prior rating for Asana Inc (NYSE:ASAN) was changed from Sector Perform to Underperform. Asana earned $0.30 in the first quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $145.79 and a 52-week-low of $16.20. Asana closed at $17.57 at the end of the last trading period.
For Sunrun Inc (NASDAQ:RUN), Piper Sandler downgraded the previous rating of Overweight to Neutral. Sunrun earned $0.42 in the first quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of $60.60 and a 52-week-low of $16.80. At the end of the last trading period, Sunrun closed at $24.34.
According to Piper Sandler, the prior rating for Sunnova Energy International Inc (NYSE:NOVA) was changed from Overweight to Neutral. Sunnova Energy Intl earned $0.30 in the first quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $46.40 and a 52-week-low of $12.47. Moreover, at the end of the last trading period, the closing price was at $19.73.
See all analyst ratings downgrades.
Initiations
With a Hold rating, Deutsche Bank initiated coverage on Arqit Quantum Inc (NASDAQ:ARQQ). The price target seems to have been set at $7.00 for Arqit Quantum. NoneThe stock has a 52-week-high of $41.52 and a 52-week-low of $4.98. At the end of the last trading period, Arqit Quantum closed at $5.59.
Craig-Hallum initiated coverage on Babcock & Wilcox Enterprises Inc (NYSE:BW) with a Buy rating. The price target for Babcock & Wilcox is set to $11.00. In the first quarter, Babcock & Wilcox showed an EPS of $0.14, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.37 and a 52-week-low of $5.19. Babcock & Wilcox closed at $6.02 at the end of the last trading period.
Oppenheimer initiated coverage on Novan Inc (NASDAQ:NOVN) with an Outperform rating. The price target for Novan is set to $12.00. Novan earned $0.71 in the first quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $10.58 and a 52-week-low of $2.15. Novan closed at $2.43 at the end of the last trading period.
Roth Capital initiated coverage on The One Group Hospitality Inc (NASDAQ:STKS) with a Buy rating. The price target for The One Group Hospitality is set to $13.00. For the first quarter, The One Group Hospitality had an EPS of $0.15, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $16.44 and a 52-week-low of $7.00. At the end of the last trading period, The One Group Hospitality closed at $7.63.
Citigroup initiated coverage on TaskUs Inc (NASDAQ:TASK) with a Buy rating. The price target for TaskUs is set to $28.00. TaskUs earned $0.34 in the first quarter, compared to $0.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of $85.49 and a 52-week-low of $14.38. TaskUs closed at $18.04 at the end of the last trading period.
With a Buy rating, EF Hutton initiated coverage on Nine Energy Service Inc (NYSE:NINE). The price target seems to have been set at $6.00 for Nine Energy Service. In the first quarter, Nine Energy Service showed an EPS of $0.22, compared to $0.85 from the year-ago quarter. The current stock performance of Nine Energy Service shows a 52-week-high of $8.10 and a 52-week-low of $0.79. Moreover, at the end of the last trading period, the closing price was at $2.33.
JMP Securities initiated coverage on Aura Biosciences Inc (NASDAQ:AURA) with a Market Outperform rating. The price target for Aura Biosciences is set to $26.00. For the first quarter, Aura Biosciences had an EPS of $0.44, compared to year-ago quarter EPS of $20.62. The stock has a 52-week-high of $26.16 and a 52-week-low of $11.98. At the end of the last trading period, Aura Biosciences closed at $13.69.
For Amcor PLC (NYSE:AMCR), CLSA initiated coverage, by setting the current rating at Buy. For the third quarter, Amcor had an EPS of $0.20, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $13.61 and a 52-week-low of $10.66. At the end of the last trading period, Amcor closed at $12.33.
With a Buy rating, HC Wainwright & Co. initiated coverage on Apellis Pharmaceuticals Inc (NASDAQ:APLS). The price target seems to have been set at $75.00 for Apellis Pharmaceuticals. In the first quarter, Apellis Pharmaceuticals showed an EPS of $1.42, compared to $2.32 from the year-ago quarter. The stock has a 52-week-high of $69.60 and a 52-week-low of $27.50. At the end of the last trading period, Apellis Pharmaceuticals closed at $44.76.
With an Outperform rating, Telsey Advisory Group initiated coverage on Waldencast Acquisition Corp (NASDAQ:WALD). The price target seems to have been set at $13.00 for Waldencast Acquisition. The stock has a 52-week-high of $11.07 and a 52-week-low of $9.60. At the end of the last trading period, Waldencast Acquisition closed at $9.99.
With a Buy rating, Benchmark initiated coverage on Casey's General Stores Inc (NASDAQ:CASY). The price target seems to have been set at $230.00 for Casey's General Stores. Casey's General Stores earned $1.60 in the fourth quarter, compared to $1.12 in the year-ago quarter. The current stock performance of Casey's General Stores shows a 52-week-high of $216.40 and a 52-week-low of $170.82. Moreover, at the end of the last trading period, the closing price was at $196.81.
Oppenheimer initiated coverage on Invitation Homes Inc (NYSE:INVH) with a Perform rating. The price target for Invitation Homes is set to $39.00. Invitation Homes earned $0.40 in the first quarter, compared to $0.36 in the year-ago quarter. The current stock performance of Invitation Homes shows a 52-week-high of $45.80 and a 52-week-low of $33.15. Moreover, at the end of the last trading period, the closing price was at $35.58.
Oppenheimer initiated coverage on American Homes 4 Rent (NYSE:AMH) with a Perform rating. The price target for American Homes 4 Rent is set to $35.00. American Homes 4 Rent earned $0.38 in the first quarter, compared to $0.32 in the year-ago quarter. The current stock performance of American Homes 4 Rent shows a 52-week-high of $44.07 and a 52-week-low of $32.60. Moreover, at the end of the last trading period, the closing price was at $35.83.
With an Overweight rating, Stephens & Co. initiated coverage on Fathom Holdings Inc (NASDAQ:FTHM). The price target seems to have been set at $14.00 for Fathom Holdings. In the first quarter, Fathom Holdings showed an EPS of $0.37, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $34.22 and a 52-week-low of $6.07. At the end of the last trading period, Fathom Holdings closed at $6.81.
