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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For June 16, 2022

Upgrades

According to Loop Capital, the prior rating for Armstrong World Industries Inc (NYSE:AWI) was changed from Hold to Buy. Armstrong World Indus earned $1.02 in the first quarter, compared to $0.84 in the year-ago quarter. At the moment, the stock has a 52-week-high of $118.14 and a 52-week-low of $77.95. Armstrong World Indus closed at $79.40 at the end of the last trading period.

B. Riley Securities upgraded the previous rating for Apple Hospitality REIT Inc (NYSE:APLE) from Neutral to Buy. Apple Hospitality REIT earned $0.28 in the first quarter, compared to $0.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.69 and a 52-week-low of $13.83. Apple Hospitality REIT closed at $15.48 at the end of the last trading period.

According to Deutsche Bank, the prior rating for Republic Services Inc (NYSE:RSG) was changed from Hold to Buy. Republic Services earned $1.14 in the first quarter, compared to $0.93 in the year-ago quarter. The current stock performance of Republic Services shows a 52-week-high of $145.98 and a 52-week-low of $106.46. Moreover, at the end of the last trading period, the closing price was at $123.36.

According to Morgan Stanley, the prior rating for AutoZone Inc (NYSE:AZO) was changed from Equal-Weight to Overweight. In the third quarter, AutoZone showed an EPS of $29.03, compared to $26.48 from the year-ago quarter. At the moment, the stock has a 52-week-high of $2267.40 and a 52-week-low of $1374.13. AutoZone closed at $2013.81 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Dollar General Corp (NYSE:DG) was changed from Equal-Weight to Overweight. For the first quarter, Dollar Gen had an EPS of $2.41, compared to year-ago quarter EPS of $2.82. The stock has a 52-week-high of $262.20 and a 52-week-low of $183.25. At the end of the last trading period, Dollar Gen closed at $232.25.

According to Citigroup, the prior rating for Boeing Co (NYSE:BA) was changed from Neutral to Buy. Boeing earned $2.75 in the first quarter, compared to $1.53 in the year-ago quarter. The current stock performance of Boeing shows a 52-week-high of $252.30 and a 52-week-low of $113.02. Moreover, at the end of the last trading period, the closing price was at $133.72.

RBC Capital upgraded the previous rating for Arthur J. Gallagher & Co (NYSE:AJG) from Sector Perform to Outperform. For the first quarter, Arthur J. Gallagher had an EPS of $2.81, compared to year-ago quarter EPS of $2.02. The current stock performance of Arthur J. Gallagher shows a 52-week-high of $187.02 and a 52-week-low of $135.50. Moreover, at the end of the last trading period, the closing price was at $152.75.

See all analyst ratings upgrades.

Downgrades

According to Consumer Edge Research, the prior rating for Sanderson Farms Inc (NASDAQ:SAFM) was changed from Overweight to Equal-Weight. In the second quarter, Sanderson Farms showed an EPS of $14.39, compared to $4.34 from the year-ago quarter. The stock has a 52-week-high of $210.22 and a 52-week-low of $155.34. At the end of the last trading period, Sanderson Farms closed at $209.78.

According to B. Riley Securities, the prior rating for Taylor Morrison Home Corp (NYSE:TMHC) was changed from Buy to Neutral. In the first quarter, Taylor Morrison Home showed an EPS of $1.44, compared to $0.75 from the year-ago quarter. The stock has a 52-week-high of $35.51 and a 52-week-low of $22.64. At the end of the last trading period, Taylor Morrison Home closed at $24.51.

According to B. Riley Securities, the prior rating for Green Brick Partners Inc (NYSE:GRBK) was changed from Buy to Neutral. Green Brick Partners earned $1.20 in the first quarter, compared to $0.51 in the year-ago quarter. The current stock performance of Green Brick Partners shows a 52-week-high of $32.25 and a 52-week-low of $18.75. Moreover, at the end of the last trading period, the closing price was at $20.04.

For Tri Pointe Homes Inc (NYSE:TPH), B. Riley Securities downgraded the previous rating of Buy to Neutral. For the first quarter, Tri Pointe Homes had an EPS of $0.81, compared to year-ago quarter EPS of $0.59. The stock has a 52-week-high of $28.29 and a 52-week-low of $17.24. At the end of the last trading period, Tri Pointe Homes closed at $17.80.

According to Jefferies, the prior rating for DuPont de Nemours Inc (NYSE:DD) was changed from Buy to Hold. In the first quarter, DuPont de Nemours showed an EPS of $0.82, compared to $0.91 from the year-ago quarter. The current stock performance of DuPont de Nemours shows a 52-week-high of $85.16 and a 52-week-low of $59.48. Moreover, at the end of the last trading period, the closing price was at $60.35.

For Diversey Holdings Ltd (NASDAQ:DSEY), Jefferies downgraded the previous rating of Buy to Hold. Diversey Hldgs earned $0.01 in the first quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.61 and a 52-week-low of $6.89. Diversey Hldgs closed at $8.90 at the end of the last trading period.

For International Flavors & Fragrances Inc (NYSE:IFF), Jefferies downgraded the previous rating of Buy to Hold. Intl Flavors & Fragrances earned $1.69 in the first quarter, compared to $1.60 in the year-ago quarter. The stock has a 52-week-high of $157.08 and a 52-week-low of $113.40. At the end of the last trading period, Intl Flavors & Fragrances closed at $116.43.

According to Jefferies, the prior rating for Eastman Chemical Co (NYSE:EMN) was changed from Buy to Hold. Eastman Chemical earned $2.06 in the first quarter, compared to $2.13 in the year-ago quarter. The current stock performance of Eastman Chemical shows a 52-week-high of $129.47 and a 52-week-low of $93.47. Moreover, at the end of the last trading period, the closing price was at $95.05.

For Watsco Inc (NYSE:WSO), Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. For the first quarter, Watsco had an EPS of $2.90, compared to year-ago quarter EPS of $1.39. At the moment, the stock has a 52-week-high of $318.98 and a 52-week-low of $239.62. Watsco closed at $245.02 at the end of the last trading period.

According to Morgan Stanley, the prior rating for AirSculpt Technologies Inc (NASDAQ:AIRS) was changed from Overweight to Equal-Weight. The current stock performance of AirSculpt Technologies shows a 52-week-high of $18.48 and a 52-week-low of $7.06. Moreover, at the end of the last trading period, the closing price was at $8.17.

According to Morgan Stanley, the prior rating for Sally Beauty Holdings Inc (NYSE:SBH) was changed from Equal-Weight to Underweight. For the second quarter, Sally Beauty Holdings had an EPS of $0.47, compared to year-ago quarter EPS of $0.57. The stock has a 52-week-high of $23.39 and a 52-week-low of $12.71. At the end of the last trading period, Sally Beauty Holdings closed at $13.46.

See all analyst ratings downgrades.

Initiations

With a Buy rating, B of A Securities initiated coverage on Intellia Therapeutics Inc (NASDAQ:NTLA). The price target seems to have been set at $70.00 for Intellia Therapeutics. For the first quarter, Intellia Therapeutics had an EPS of $1.96, compared to year-ago quarter EPS of $0.69. The current stock performance of Intellia Therapeutics shows a 52-week-high of $202.73 and a 52-week-low of $37.08. Moreover, at the end of the last trading period, the closing price was at $40.93.

With a Equal-Weight rating, Wells Fargo initiated coverage on Enovis Corp (NYSE:ENOV). The price target seems to have been set at $61.00 for Enovis. In the first quarter, Enovis showed an EPS of $0.37, compared to $1.32 from the year-ago quarter. The current stock performance of Enovis shows a 52-week-high of $72.13 and a 52-week-low of $59.15. Moreover, at the end of the last trading period, the closing price was at $61.20.

With an Outperform rating, Noble Capital Markets initiated coverage on Vera Bradley Inc (NASDAQ:VRA). The price target seems to have been set at $8.00 for Vera Bradley. Vera Bradley earned $0.19 in the first quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Vera Bradley shows a 52-week-high of $12.74 and a 52-week-low of $4.65. Moreover, at the end of the last trading period, the closing price was at $4.76.

EF Hutton initiated coverage on Odyssey Marine Exploration Inc (NASDAQ:OMEX) with a Buy rating. The price target for Odyssey Marine Explr is set to $7.50. In the first quarter, Odyssey Marine Explr showed an EPS of $0.57, compared to $0.29 from the year-ago quarter. The current stock performance of Odyssey Marine Explr shows a 52-week-high of $7.94 and a 52-week-low of $2.29. Moreover, at the end of the last trading period, the closing price was at $2.85.

Benchmark initiated coverage on Unity Software Inc (NYSE:U) with a Sell rating. The price target for Unity Software is set to $27.00. For the first quarter, Unity Software had an EPS of $0.08, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $210.00 and a 52-week-low of $29.09. Unity Software closed at $36.17 at the end of the last trading period.

With a Buy rating, Benchmark initiated coverage on Bristow Group Inc (NYSE:VTOL). The price target seems to have been set at $38.00 for Bristow Group. In the fourth quarter, Bristow Group showed an EPS of $0.15, compared to $0.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $40.10 and a 52-week-low of $24.12. Bristow Group closed at $24.62 at the end of the last trading period.

With a Buy rating, Roth Capital initiated coverage on GH Research PLC (NASDAQ:GHRS). The price target seems to have been set at $66.00 for GH Research. For the first quarter, GH Research had an EPS of $0.11, compared to year-ago quarter EPS of $0.04. At the moment, the stock has a 52-week-high of $30.43 and a 52-week-low of $8.72. GH Research closed at $9.75 at the end of the last trading period.

See all analyst ratings initiations.

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