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Benzinga
Benzinga
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Benzinga Insights

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

Upgrades

For UDR Inc (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NASDAQ: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 (NASDAQ: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 (OTC: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 (OTC: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 (OTC: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 (OTC: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 (OTC: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 (OTC: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 (OTC: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 (OTC: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 (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NASDAQ: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.

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