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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For June 10, 2022

 

Upgrades

  • According to Wedbush, the prior rating for SciPlay Corp (NASDAQ:SCPL) was changed from Neutral to Outperform. In the first quarter, SciPlay showed an EPS of $0.18, compared to $0.21 from the year-ago quarter. The current stock performance of SciPlay shows a 52-week-high of $22.29 and a 52-week-low of $10.75. Moreover, at the end of the last trading period, the closing price was at $13.79.
  • For CME Group Inc (NASDAQ:CME), Atlantic Equities upgraded the previous rating of Neutral to Overweight. For the first quarter, CME Group had an EPS of $2.11, compared to year-ago quarter EPS of $1.79. The stock has a 52-week-high of $256.94 and a 52-week-low of $185.79. At the end of the last trading period, CME Group closed at $197.93.
  • For Spirit Airlines Inc (NYSE:SAVE), JP Morgan upgraded the previous rating of Neutral to Overweight. In the first quarter, Spirit Airlines showed an EPS of $1.60, compared to $2.48 from the year-ago quarter. The current stock performance of Spirit Airlines shows a 52-week-high of $35.87 and a 52-week-low of $15.92. Moreover, at the end of the last trading period, the closing price was at $22.29.
  • HC Wainwright & Co. upgraded the previous rating for Olema Pharmaceuticals inc (NASDAQ:OLMA) from Neutral to Buy. Olema Pharmaceuticals earned $0.58 in the first quarter, compared to $0.39 in the year-ago quarter. The stock has a 52-week-high of $32.77 and a 52-week-low of $2.00. At the end of the last trading period, Olema Pharmaceuticals closed at $4.34.

See all analyst ratings upgrades.

 

Downgrades

  • MoffettNathanson downgraded the previous rating for Electronic Arts Inc (NASDAQ:EA) from Buy to Neutral. Electronic Arts earned $1.46 in the fourth quarter, compared to $1.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $148.93 and a 52-week-low of $109.24. Electronic Arts closed at $135.81 at the end of the last trading period.
  • B of A Securities downgraded the previous rating for DocuSign Inc (NASDAQ:DOCU) from Buy to Neutral. In the first quarter, DocuSign showed an EPS of $0.38, compared to $0.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $314.76 and a 52-week-low of $64.84. DocuSign closed at $87.36 at the end of the last trading period.
  • For iHeartMedia Inc (NASDAQ:IHRT), Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. iHeartMedia earned $0.33 in the first quarter, compared to $1.73 in the year-ago quarter. The stock has a 52-week-high of $28.24 and a 52-week-low of $9.96. At the end of the last trading period, iHeartMedia closed at $10.97.
  • Morgan Stanley downgraded the previous rating for Lamar Advertising Co (NASDAQ:LAMR) from Overweight to Equal-Weight. For the first quarter, Lamar Advertising had an EPS of $0.91, compared to year-ago quarter EPS of $0.38. At the moment, the stock has a 52-week-high of $124.32 and a 52-week-low of $89.14. Lamar Advertising closed at $93.31 at the end of the last trading period.
  • According to Goldman Sachs, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from Neutral to Sell. Netflix earned $3.53 in the first quarter, compared to $3.75 in the year-ago quarter. At the moment, the stock has a 52-week-high of $700.99 and a 52-week-low of $162.71. Netflix closed at $192.77 at the end of the last trading period.
  • For Roblox Corp (NYSE:RBLX), Goldman Sachs downgraded the previous rating of Neutral to Sell. In the first quarter, Roblox showed an EPS of $0.27, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $141.60 and a 52-week-low of $21.65. At the end of the last trading period, Roblox closed at $30.50.
  • Goldman Sachs downgraded the previous rating for eBay Inc (NASDAQ:EBAY) from Neutral to Sell. For the first quarter, eBay had an EPS of $1.05, compared to year-ago quarter EPS of $1.09. The stock has a 52-week-high of $81.19 and a 52-week-low of $43.28. At the end of the last trading period, eBay closed at $46.69.
  • For Frontdoor Inc (NASDAQ:FTDR), Goldman Sachs downgraded the previous rating of Neutral to Sell. Frontdoor earned $0.04 in the first quarter, compared to $0.10 in the year-ago quarter. The current stock performance of Frontdoor shows a 52-week-high of $52.13 and a 52-week-low of $23.52. Moreover, at the end of the last trading period, the closing price was at $24.00.
  • According to Citigroup, the prior rating for Blueprint Medicines Corp (NASDAQ:BPMC) was changed from Neutral to Sell. For the first quarter, Blueprint Medicines had an EPS of $1.79, compared to year-ago quarter EPS of $1.72. The current stock performance of Blueprint Medicines shows a 52-week-high of $117.86 and a 52-week-low of $50.95. Moreover, at the end of the last trading period, the closing price was at $58.77.

See all analyst ratings downgrades.

 

Initiations

  • With an Outperform rating, Bradesco Corretora initiated coverage on Vitru Ltd (NASDAQ:VTRU). The price target seems to have been set at $24.00 for Vitru. Vitru earned $0.19 in the first quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of $18.79 and a 52-week-low of $11.30. At the end of the last trading period, Vitru closed at $16.60.
  • With an Outperform rating, Barrington Research initiated coverage on ACV Auctions Inc (NASDAQ:ACVA). The price target seems to have been set at $18.00 for ACV Auctions. ACV Auctions earned $0.19 in the first quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $25.97 and a 52-week-low of $7.45. At the end of the last trading period, ACV Auctions closed at $7.56.
  • Roth Capital initiated coverage on The Lion Electric Co (NYSE:LEV) with a Buy rating. The price target for Lion Electric is set to $13.00. In the first quarter, Lion Electric showed an EPS of $0.01, compared to $0.15 from the year-ago quarter. The stock has a 52-week-high of $22.60 and a 52-week-low of $4.73. At the end of the last trading period, Lion Electric closed at $5.26.
  • With a Buy rating, B of A Securities initiated coverage on ProFrac Holding Corp (NASDAQ:PFHC). The price target seems to have been set at $26.00 for ProFrac Holding. The stock has a 52-week-high of $23.62 and a 52-week-low of $16.75. At the end of the last trading period, ProFrac Holding closed at $22.64.
  • Stephens & Co. initiated coverage on i3 Verticals Inc (NASDAQ:IIIV) with an Overweight rating. The price target for i3 Verticals is set to $30.00. For the second quarter, i3 Verticals had an EPS of $0.37, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $32.97 and a 52-week-low of $17.80. At the end of the last trading period, i3 Verticals closed at $24.41.
  • With an Outperform rating, Wedbush initiated coverage on Design Therapeutics Inc (NASDAQ:DSGN). The price target seems to have been set at $21.00 for Design Therapeutics. Design Therapeutics earned $0.24 in the first quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Design Therapeutics shows a 52-week-high of $28.49 and a 52-week-low of $9.61. Moreover, at the end of the last trading period, the closing price was at $14.03.
  • CIBC initiated coverage on Clearway Energy Inc (NYSE:CWEN) with a Neutral rating. The price target for Clearway Energy is set to $36.00. For the first quarter, Clearway Energy had an EPS of $0.28, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $39.75 and a 52-week-low of $25.39. At the end of the last trading period, Clearway Energy closed at $36.13.
  • MKM Partners initiated coverage on Snap-on Inc (NYSE:SNA) with a Neutral rating. The price target for Snap-on is set to $238.00. In the first quarter, Snap-on showed an EPS of $4.00, compared to $3.50 from the year-ago quarter. The stock has a 52-week-high of $247.29 and a 52-week-low of $197.75. At the end of the last trading period, Snap-on closed at $218.67.
  • With a Buy rating, MKM Partners initiated coverage on Standard Motor Products Inc (NYSE:SMP). The price target seems to have been set at $62.00 for Standard Motor Products. For the first quarter, Standard Motor Products had an EPS of $0.92, compared to year-ago quarter EPS of $0.97. The stock has a 52-week-high of $55.09 and a 52-week-low of $37.69. At the end of the last trading period, Standard Motor Products closed at $41.89.
  • With an Overweight rating, Piper Sandler initiated coverage on Prometheus Biosciences Inc (NASDAQ:RXDX). The price target seems to have been set at $53.00 for Prometheus Biosciences. For the first quarter, Prometheus Biosciences had an EPS of $0.82, compared to year-ago quarter EPS of $1.67. The stock has a 52-week-high of $51.96 and a 52-week-low of $19.79. At the end of the last trading period, Prometheus Biosciences closed at $26.35.
  • With an Overweight rating, Stephens & Co. initiated coverage on Flywire Corp (NASDAQ:FLYW). The price target seems to have been set at $24.00 for Flywire. The current stock performance of Flywire shows a 52-week-high of $57.41 and a 52-week-low of $16.30. Moreover, at the end of the last trading period, the closing price was at $17.84.

See all analyst ratings initiations.

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