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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For July 21, 2022

Upgrades

According to Janney Montgomery Scott, the prior rating for Berkshire Hills Bancorp Inc (NYSE:BHLB) was changed from Neutral to Buy. Berkshire Hills Bancorp earned $0.51 in the second quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $31.78 and a 52-week-low of $23.15. At the end of the last trading period, Berkshire Hills Bancorp closed at $27.14.

For Brixmor Property Group Inc (NYSE:BRX), Mizuho upgraded the previous rating of Neutral to Buy. Brixmor Property Group earned $0.49 in the first quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $27.19 and a 52-week-low of $19.42. At the end of the last trading period, Brixmor Property Group closed at $21.82.

Loop Capital upgraded the previous rating for CSX Corp (NASDAQ:CSX) from Hold to Buy. In the second quarter, CSX showed an EPS of $0.50, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $38.63 and a 52-week-low of $27.59. CSX closed at $29.73 at the end of the last trading period.

Wells Fargo upgraded the previous rating for Las Vegas Sands Corp (NYSE:LVS) from Equal-Weight to Overweight. Las Vegas Sands earned $0.34 in the second quarter, compared to $0.26 in the year-ago quarter. The stock has a 52-week-high of $49.63 and a 52-week-low of $28.88. At the end of the last trading period, Las Vegas Sands closed at $37.08.

For IDEXX Laboratories Inc (NASDAQ:IDXX), Goldman Sachs upgraded the previous rating of Neutral to Buy. IDEXX Laboratories earned $2.27 in the first quarter, compared to $2.35 in the year-ago quarter. The stock has a 52-week-high of $706.95 and a 52-week-low of $318.50. At the end of the last trading period, IDEXX Laboratories closed at $383.81.

See all analyst ratings upgrades.

Downgrades

Deutsche Bank downgraded the previous rating for Stryker Corp (NYSE:SYK) from Buy to Hold. Stryker earned $1.97 in the first quarter, compared to $1.93 in the year-ago quarter. The stock has a 52-week-high of $281.16 and a 52-week-low of $188.84. At the end of the last trading period, Stryker closed at $198.05.

Mizuho downgraded the previous rating for Phillips Edison & Co Inc (NASDAQ:PECO) from Buy to Neutral. For the first quarter, Phillips Edison had an EPS of $0.09, compared to year-ago quarter EPS of $0.00. At the moment, the stock has a 52-week-high of $36.35 and a 52-week-low of $27.14. Phillips Edison closed at $33.94 at the end of the last trading period.

For Shift Technologies Inc (NASDAQ:SFT), William Blair downgraded the previous rating of Outperform to Market Perform. In the first quarter, Shift Technologies showed an EPS of $0.70, compared to $0.55 from the year-ago quarter. The stock has a 52-week-high of $9.75 and a 52-week-low of $0.60. At the end of the last trading period, Shift Technologies closed at $1.15.

For Traeger Inc (NYSE:COOK), Telsey Advisory Group downgraded the previous rating of Outperform to Market Perform. In the first quarter, Traeger showed an EPS of $0.17, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.59 and a 52-week-low of $3.84. Traeger closed at $3.95 at the end of the last trading period.

Raymond James downgraded the previous rating for Invitae Corp (NYSE:NVTA) from Outperform to Market Perform. For the first quarter, Invitae had an EPS of $0.78, compared to year-ago quarter EPS of $0.63. The current stock performance of Invitae shows a 52-week-high of $32.93 and a 52-week-low of $2.08. Moreover, at the end of the last trading period, the closing price was at $2.34.

Chardan Capital downgraded the previous rating for Vascular Biogenics Ltd (NASDAQ:VBLT) from Buy to Neutral. In the first quarter, Vascular Biogenics showed an EPS of $0.13, compared to $0.12 from the year-ago quarter. The stock has a 52-week-high of $2.54 and a 52-week-low of $0.40. At the end of the last trading period, Vascular Biogenics closed at $0.42.

According to Piper Sandler, the prior rating for DocuSign Inc (NASDAQ:DOCU) was changed from Neutral to Underweight. DocuSign earned $0.38 in the first quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $314.76 and a 52-week-low of $55.86. At the end of the last trading period, DocuSign closed at $67.66.

For FIGS Inc (NYSE:FIGS), Goldman Sachs downgraded the previous rating of Neutral to Sell. For the first quarter, FIGS had an EPS of $0.05, compared to year-ago quarter EPS of $0.08. The current stock performance of FIGS shows a 52-week-high of $48.63 and a 52-week-low of $6.93. Moreover, at the end of the last trading period, the closing price was at $10.63.

Goldman Sachs downgraded the previous rating for PVH Corp (NYSE:PVH) from Buy to Neutral. PVH earned $1.94 in the first quarter, compared to $1.92 in the year-ago quarter. The current stock performance of PVH shows a 52-week-high of $125.42 and a 52-week-low of $54.57. Moreover, at the end of the last trading period, the closing price was at $63.40.

Goldman Sachs downgraded the previous rating for Henry Schein Inc (NASDAQ:HSIC) from Buy to Neutral. Henry Schein earned $1.30 in the first quarter, compared to $1.24 in the year-ago quarter. The current stock performance of Henry Schein shows a 52-week-high of $92.68 and a 52-week-low of $70.25. Moreover, at the end of the last trading period, the closing price was at $78.00.

Goldman Sachs downgraded the previous rating for Elanco Animal Health Inc (NYSE:ELAN) from Buy to Sell. In the first quarter, Elanco Animal Health showed an EPS of $0.36, compared to $0.37 from the year-ago quarter. The current stock performance of Elanco Animal Health shows a 52-week-high of $37.49 and a 52-week-low of $19.11. Moreover, at the end of the last trading period, the closing price was at $20.56.

According to Morgan Stanley, the prior rating for Compass Inc (NYSE:COMP) was changed from Overweight to Equal-Weight. Compass earned $0.45 in the first quarter, compared to $1.67 in the year-ago quarter. The current stock performance of Compass shows a 52-week-high of $17.70 and a 52-week-low of $3.31. Moreover, at the end of the last trading period, the closing price was at $4.15.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Alliance Global Partners initiated coverage on 22nd Century Group Inc (NASDAQ:XXII). The price target seems to have been set at $5.00 for 22nd Century Group. In the first quarter, 22nd Century Group showed an EPS of $0.05, compared to $0.03 from the year-ago quarter. The current stock performance of 22nd Century Group shows a 52-week-high of $4.17 and a 52-week-low of $1.42. Moreover, at the end of the last trading period, the closing price was at $2.04.

Lake Street initiated coverage on AgroFresh Solutions Inc (NASDAQ:AGFS) with a Buy rating. The price target for AgroFresh Solutions is set to $3.00. For the first quarter, AgroFresh Solutions had an EPS of $0.18, compared to year-ago quarter EPS of $0.03. The current stock performance of AgroFresh Solutions shows a 52-week-high of $2.44 and a 52-week-low of $1.52. Moreover, at the end of the last trading period, the closing price was at $1.66.

Roth Capital initiated coverage on American Outdoor Brands Inc (NASDAQ:AOUT) with a Buy rating. The price target for American Outdoor Brands is set to $11.00. American Outdoor Brands earned $0.14 in the fourth quarter, compared to $0.34 in the year-ago quarter. The current stock performance of American Outdoor Brands shows a 52-week-high of $30.75 and a 52-week-low of $7.92. Moreover, at the end of the last trading period, the closing price was at $7.96.

With a Strong Buy rating, Raymond James initiated coverage on Palantir Technologies Inc (NYSE:PLTR). The price target seems to have been set at $20.00 for Palantir Technologies. For the first quarter, Palantir Technologies had an EPS of $0.02, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $29.29 and a 52-week-low of $6.44. At the end of the last trading period, Palantir Technologies closed at $10.11.

EF Hutton initiated coverage on PARTS iD Inc (AMEX:ID) with a Buy rating. The price target for PARTS iD is set to $3.00. For the first quarter, PARTS iD had an EPS of $0.12, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $8.24 and a 52-week-low of $0.86. At the end of the last trading period, PARTS iD closed at $1.08.

HC Wainwright & Co. initiated coverage on MoonLake Immunotherapeutics (NASDAQ:MLTX) with a Buy rating. The price target for MoonLake is set to $28.00. In the first quarter, MoonLake showed an EPS of $0.18, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $15.00 and a 52-week-low of $4.25. At the end of the last trading period, MoonLake closed at $5.53.

With a Hold rating, Jefferies initiated coverage on Flex LNG Ltd (NYSE:FLNG). The price target seems to have been set at $26.00 for Flex LNG. For the first quarter, Flex LNG had an EPS of $0.45, compared to year-ago quarter EPS of $0.64. The current stock performance of Flex LNG shows a 52-week-high of $33.36 and a 52-week-low of $12.55. Moreover, at the end of the last trading period, the closing price was at $29.55.

With a Hold rating, Jefferies initiated coverage on Euronav NV (NYSE:EURN). The price target seems to have been set at $14.00 for Euronav. In the first quarter, Euronav showed an EPS of $0.22, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $13.81 and a 52-week-low of $7.55. At the end of the last trading period, Euronav closed at $13.20.

Jefferies initiated coverage on Golden Ocean Group Ltd (NASDAQ:GOGL) with a Buy rating. The price target for Golden Ocean Group is set to $14.00. In the first quarter, Golden Ocean Group showed an EPS of $0.53, compared to $0.14 from the year-ago quarter. The current stock performance of Golden Ocean Group shows a 52-week-high of $16.46 and a 52-week-low of $7.58. Moreover, at the end of the last trading period, the closing price was at $10.89.

Keybanc initiated coverage on FIGS Inc (NYSE:FIGS) with a Sector Weight rating. In the first quarter, FIGS showed an EPS of $0.05, compared to $0.08 from the year-ago quarter. The stock has a 52-week-high of $48.63 and a 52-week-low of $6.93. At the end of the last trading period, FIGS closed at $10.63.

With a Buy rating, Jefferies initiated coverage on Dorian LPG Ltd (NYSE:LPG). The price target seems to have been set at $20.00 for Dorian LPG. For the fourth quarter, Dorian LPG had an EPS of $0.62, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $18.50 and a 52-week-low of $10.77. Dorian LPG closed at $16.33 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on Costamare Inc (NYSE:CMRE). The price target seems to have been set at $19.00 for Costamare. Costamare earned $0.84 in the first quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Costamare shows a 52-week-high of $18.01 and a 52-week-low of $10.02. Moreover, at the end of the last trading period, the closing price was at $11.52.

National Bank Of Canada initiated coverage on Aris Water Solutions Inc (NYSE:ARIS) with a Sector Perform rating. The price target for Aris Water Solutions is set to $2.35. The stock has a 52-week-high of $22.00 and a 52-week-low of $10.06. At the end of the last trading period, Aris Water Solutions closed at $20.89.

With a Neutral rating, DA Davidson initiated coverage on Alpha Capital Acquisition Co (NASDAQ:ASPC). The price target seems to have been set at $10.00 for Alpha Cap Acq. The current stock performance of Alpha Cap Acq shows a 52-week-high of $10.45 and a 52-week-low of $9.61. Moreover, at the end of the last trading period, the closing price was at $9.97.

JP Morgan initiated coverage on Xenon Pharmaceuticals Inc (NASDAQ:XENE) with an Overweight rating. The price target for Xenon Pharmaceuticals is set to $55.00. In the first quarter, Xenon Pharmaceuticals showed an EPS of $0.35, compared to $0.42 from the year-ago quarter. The stock has a 52-week-high of $36.42 and a 52-week-low of $14.65. At the end of the last trading period, Xenon Pharmaceuticals closed at $33.91.

Keybanc initiated coverage on Brilliant Earth Group Inc (NASDAQ:BRLT) with an Overweight rating. The price target for Brilliant Earth Group is set to $8.00. The stock has a 52-week-high of $20.39 and a 52-week-low of $3.60. At the end of the last trading period, Brilliant Earth Group closed at $6.36.

Keybanc initiated coverage on a.k.a. Brands Holding Corp (NYSE:AKA) with a Sector Weight rating. In the first quarter, a.k.a. Brands Holding showed an EPS of $0.02, compared to $0.02 from the year-ago quarter. The current stock performance of a.k.a. Brands Holding shows a 52-week-high of $15.23 and a 52-week-low of $2.62. Moreover, at the end of the last trading period, the closing price was at $3.00.

For Allbirds Inc (NASDAQ:BIRD), Keybanc initiated coverage, by setting the current rating at Sector Weight. In the first quarter, Allbirds showed an EPS of $0.15, compared to $0.25 from the year-ago quarter. The current stock performance of Allbirds shows a 52-week-high of $32.44 and a 52-week-low of $3.65. Moreover, at the end of the last trading period, the closing price was at $5.53.

Keybanc initiated coverage on Etsy Inc (NASDAQ:ETSY) with a Sector Weight rating. In the first quarter, Etsy showed an EPS of $0.60, compared to $1.00 from 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 $92.66 at the end of the last trading period.

With an Overweight rating, Keybanc initiated coverage on G-III Apparel Group Ltd (NASDAQ:GIII). The price target seems to have been set at $27.00 for G-III Apparel Group. G-III Apparel Group earned $0.72 in the first quarter, compared to $0.53 in the year-ago quarter. The stock has a 52-week-high of $35.12 and a 52-week-low of $19.38. At the end of the last trading period, G-III Apparel Group closed at $21.82.

With an Overweight rating, Keybanc initiated coverage on Lulus Fashion Lounge Holdings Inc (NASDAQ:LVLU). The price target seems to have been set at $15.00 for Lulus Fashion Lounge. In the first quarter, Lulus Fashion Lounge showed an EPS of $0.05, compared to $0.08 from the year-ago quarter. The stock has a 52-week-high of $21.29 and a 52-week-low of $5.10. At the end of the last trading period, Lulus Fashion Lounge closed at $11.13.

With an Overweight rating, Keybanc initiated coverage on Lululemon Athletica Inc (NASDAQ:LULU). The price target seems to have been set at $350.00 for Lululemon Athletica. Lululemon Athletica earned $1.48 in the first quarter, compared to $1.16 in the year-ago quarter. The stock has a 52-week-high of $485.82 and a 52-week-low of $251.51. At the end of the last trading period, Lululemon Athletica closed at $302.79.

For Nike Inc (NYSE:NKE), Keybanc initiated coverage, by setting the current rating at Sector Weight. In the fourth quarter, Nike showed an EPS of $0.99, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $179.10 and a 52-week-low of $99.53. Nike closed at $111.11 at the end of the last trading period.

With an Overweight rating, Keybanc initiated coverage on Oxford Industries Inc (NYSE:OXM). The price target seems to have been set at $110.00 for Oxford Industries. For the first quarter, Oxford Industries had an EPS of $3.50, compared to year-ago quarter EPS of $1.89. 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 $92.85 at the end of the last trading period.

Keybanc initiated coverage on The RealReal Inc (NASDAQ:REAL) with a Sector Weight rating. In the first quarter, The RealReal showed an EPS of $0.47, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.10 and a 52-week-low of $2.23. The RealReal closed at $3.09 at the end of the last trading period.

Keybanc initiated coverage on Rent the Runway Inc (NASDAQ:RENT) with a Sector Weight rating. In the first quarter, Rent the Runway showed an EPS of $0.67, compared to $3.75 from the year-ago quarter. The current stock performance of Rent the Runway shows a 52-week-high of $24.77 and a 52-week-low of $2.99. Moreover, at the end of the last trading period, the closing price was at $4.57.

Keybanc initiated coverage on Stitch Fix Inc (NASDAQ:SFIX) with a Sector Weight rating. Stitch Fix earned $0.72 in the third quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Stitch Fix shows a 52-week-high of $59.86 and a 52-week-low of $4.66. Moreover, at the end of the last trading period, the closing price was at $6.60.

For ThredUp Inc (NASDAQ:TDUP), Keybanc initiated coverage, by setting the current rating at Sector Weight. ThredUp earned $0.21 in the first quarter, compared to $0.17 in the year-ago quarter. The stock has a 52-week-high of $29.23 and a 52-week-low of $1.90. At the end of the last trading period, ThredUp closed at $2.30.

Keybanc initiated coverage on Farfetch Ltd (NYSE:FTCH) with an Overweight rating. The price target for Farfetch is set to $11.00. 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 $8.35.

With an Overweight rating, Keybanc initiated coverage on Revolve Group Inc (NYSE:RVLV). The price target seems to have been set at $36.00 for Revolve Gr. In the first quarter, Revolve Gr showed an EPS of $0.30, compared to $0.30 from the year-ago quarter. The current stock performance of Revolve Gr shows a 52-week-high of $89.60 and a 52-week-low of $24.10. Moreover, at the end of the last trading period, the closing price was at $30.25.

Baird initiated coverage on CACI International Inc (NYSE:CACI) with an Outperform rating. The price target for CACI International is set to $335.00. In the third quarter, CACI International showed an EPS of $4.64, compared to $4.78 from the year-ago quarter. The stock has a 52-week-high of $313.52 and a 52-week-low of $238.29. At the end of the last trading period, CACI International closed at $284.31.

With a Buy rating, Benchmark initiated coverage on Blue Apron Holdings Inc (NYSE:APRN). The price target seems to have been set at $10.00 for Blue Apron Hldgs. Blue Apron Hldgs earned $1.19 in the first quarter, compared to $0.88 in the year-ago quarter. The current stock performance of Blue Apron Hldgs shows a 52-week-high of $12.76 and a 52-week-low of $2.27. Moreover, at the end of the last trading period, the closing price was at $3.19.

See all analyst ratings initiations.

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