Benzinga's Top Ratings Upgrades, Downgrades For June 14, 2021

 

Upgrades

  • Piper Sandler upgraded the previous rating for Boston Properties Inc BXP from Neutral to Overweight. Boston Properties earned $1.56 in the first quarter, compared to $1.83 in the year-ago quarter. The current stock performance of Boston Properties shows a 52-week-high of $123.72 and a 52-week-low of $69.69. Moreover, at the end of the last trading period, the closing price was at $123.17.
  • For The Wendy's Co WEN, Northland Capital Markets upgraded the previous rating of Neutral to Buy. Wendy's earned $0.20 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Wendy's shows a 52-week-high of $29.46 and a 52-week-low of $18.86. Moreover, at the end of the last trading period, the closing price was at $24.14.
  • According to Evercore ISI Group, the prior rating for Navigator Holdings Ltd NVGS was changed from In-Line to Outperform. In the first quarter, Navigator Holdings showed an EPS of $0.05, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.46 and a 52-week-low of $6.05. Navigator Holdings closed at $11.05 at the end of the last trading period.
  • For DCP Midstream LP DCP, Raymond James upgraded the previous rating of Outperform to Strong Buy. For the first quarter, DCP Midstream had an EPS of $0.19, compared to year-ago quarter EPS of $0.87. The stock has a 52-week-high of $31.52 and a 52-week-low of $9.44. At the end of the last trading period, DCP Midstream closed at $30.76.
  • For CRISPR Therapeutics AG CRSP, Citigroup upgraded the previous rating of Sell to Neutral. CRISPR Therapeutics earned $1.51 in the first quarter, compared to $1.15 in the year-ago quarter. The stock has a 52-week-high of $220.20 and a 52-week-low of $58.02. At the end of the last trading period, CRISPR Therapeutics closed at $127.00.
  • According to Raymond James, the prior rating for EnLink Midstream LLC ENLC was changed from Market Perform to Outperform. In the first quarter, EnLink Midstream showed an EPS of $0.03, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $6.33 and a 52-week-low of $2.13. At the end of the last trading period, EnLink Midstream closed at $6.25.
  • For Chipotle Mexican Grill Inc CMG, Raymond James upgraded the previous rating of Outperform to Strong Buy. In the first quarter, Chipotle Mexican Grill showed an EPS of $5.36, compared to $3.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $1579.52 and a 52-week-low of $964.50. Chipotle Mexican Grill closed at $1366.80 at the end of the last trading period.

See all analyst ratings upgrades.

 

Downgrades

  • Wedbush downgraded the previous rating for UWM Holdings Corp UWMC from Outperform to Neutral. UWM Holdings earned $0.33 in the first quarter. The current stock performance of UWM Holdings shows a 52-week-high of $12.45 and a 52-week-low of $6.25. Moreover, at the end of the last trading period, the closing price was at $10.22.
  • Evercore ISI Group downgraded the previous rating for Equity Residential EQR from Outperform to In-Line. For the first quarter, Equity Residential had an EPS of $0.68, compared to year-ago quarter EPS of $0.87. The current stock performance of Equity Residential shows a 52-week-high of $82.05 and a 52-week-low of $45.42. Moreover, at the end of the last trading period, the closing price was at $80.75.
  • According to Evercore ISI Group, the prior rating for Paramount Group Inc PGRE was changed from In-Line to Underperform. For the first quarter, Paramount Group had an EPS of $0.23, compared to year-ago quarter EPS of $0.27. At the moment, the stock has a 52-week-high of $11.64 and a 52-week-low of $5.54. Paramount Group closed at $11.44 at the end of the last trading period.
  • According to Citigroup, the prior rating for Core Laboratories NV CLB was changed from Neutral to Sell. Core Laboratories earned $0.15 in the first quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Core Laboratories shows a 52-week-high of $49.87 and a 52-week-low of $13.43. Moreover, at the end of the last trading period, the closing price was at $47.81.
  • For Physicians Realty Trust DOC, Baird downgraded the previous rating of Outperform to Neutral. For the first quarter, Physicians Realty Trust had an EPS of $0.27, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $20.13 and a 52-week-low of $16.42. At the end of the last trading period, Physicians Realty Trust closed at $19.47.
  • For Ferrari NV RACE, Goldman Sachs downgraded the previous rating of Buy to Sell. In the first quarter, Ferrari showed an EPS of $1.34, compared to $0.99 from the year-ago quarter. The stock has a 52-week-high of $233.66 and a 52-week-low of $164.23. At the end of the last trading period, Ferrari closed at $211.31.
  • According to Goldman Sachs, the prior rating for Kinder Morgan Inc KMI was changed from Neutral to Sell. In the first quarter, Kinder Morgan showed an EPS of $0.60, compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $19.29 and a 52-week-low of $11.45. At the end of the last trading period, Kinder Morgan closed at $19.14.

See all analyst ratings downgrades.

 

Initiations

  • With a Buy rating, JonesTrading initiated coverage on CymaBay Therapeutics Inc CBAY. The price target seems to have been set at $8.00 for CymaBay Therapeutics. CymaBay Therapeutics earned $0.25 in the first quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $9.06 and a 52-week-low of $3.16. At the end of the last trading period, CymaBay Therapeutics closed at $4.68.
  • For Oatly Group AB OTLY, William Blair initiated coverage, by setting the current rating at Outperform. The current stock performance of Oatly Group shows a 52-week-high of $28.73 and a 52-week-low of $19.99. Moreover, at the end of the last trading period, the closing price was at $28.73.
  • William Blair initiated coverage on Procore Technologies Inc PCOR with an Outperform rating. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
  • William Blair initiated coverage on Squarespace Inc SQSP with an Outperform rating. The current stock performance of Squarespace shows a 52-week-high of $59.98 and a 52-week-low of $42.82. Moreover, at the end of the last trading period, the closing price was at $59.90.
  • For Halozyme Therapeutics Inc HALO, Evercore ISI Group initiated coverage, by setting the current rating at Outperform. In the first quarter, Halozyme Therapeutics showed an EPS of $0.37, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $56.40 and a 52-week-low of $22.11. Halozyme Therapeutics closed at $42.79 at the end of the last trading period.
  • With an Overweight rating, JP Morgan initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $115.00 for Procore Technologies. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
  • With a Buy rating, B. Riley Securities initiated coverage on iMedia Brands Inc IMBI. The price target seems to have been set at $22.00 for iMedia Brands. For the first quarter, iMedia Brands had an EPS of $0.21, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $10.48 and a 52-week-low of $2.81. At the end of the last trading period, iMedia Brands closed at $8.70.
  • With a Buy rating, Canaccord Genuity initiated coverage on The Original BARK Co BARK. The price target seems to have been set at $16.00 for Original BARK. The stock has a 52-week-high of $175.00 and a 52-week-low of $10.38. At the end of the last trading period, Original BARK closed at $11.87.
  • With a Equal-Weight rating, Morgan Stanley initiated coverage on CME Group Inc CME. The price target seems to have been set at $228.00 for CME Group. CME Group earned $1.79 in the first quarter, compared to $2.33 in the year-ago quarter. The stock has a 52-week-high of $221.82 and a 52-week-low of $146.89. At the end of the last trading period, CME Group closed at $214.46.
  • Goldman Sachs initiated coverage on Hess Midstream LP HESM with a Buy rating. The price target for Hess Midstream is set to $30.00. In the first quarter, Hess Midstream showed an EPS of $0.43, compared to $0.35 from the year-ago quarter. The current stock performance of Hess Midstream shows a 52-week-high of $26.47 and a 52-week-low of $14.56. Moreover, at the end of the last trading period, the closing price was at $26.01.
  • With a Buy rating, Citigroup initiated coverage on Squarespace Inc SQSP. The price target seems to have been set at $75.00 for Squarespace. The stock has a 52-week-high of $59.98 and a 52-week-low of $42.82. At the end of the last trading period, Squarespace closed at $59.90.
  • WithWith a Buy rating, Stifel initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $100.00 for Procore Technologies. The stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. At the end of the last trading period, Procore Technologies closed at $83.99.
  • With an Overweight rating, Piper Sandler initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $100.00 for Procore Technologies. The stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. At the end of the last trading period, Procore Technologies closed at $83.99.
  • RBC Capital initiated coverage on Squarespace Inc SQSP with a Sector Perform rating. The price target for Squarespace is set to $62.00. At the moment, the stock has a 52-week-high of $59.98 and a 52-week-low of $42.82. Squarespace closed at $59.90 at the end of the last trading period.
  • With an Overweight rating, Barclays initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $104.00 for Procore Technologies. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
  • RBC Capital initiated coverage on Oatly Group AB OTLY with a Sector Perform rating. The price target for Oatly Group is set to $28.00. The current stock performance of Oatly Group shows a 52-week-high of $28.73 and a 52-week-low of $19.99. Moreover, at the end of the last trading period, the closing price was at $28.73.
  • Raymond James initiated coverage on Squarespace Inc SQSP with an Outperform rating. The price target for Squarespace is set to $70.00. At the moment, the stock has a 52-week-high of $59.98 and a 52-week-low of $42.82. Squarespace closed at $59.90 at the end of the last trading period.
  • Oppenheimer initiated coverage on Oatly Group AB OTLY with a Perform rating. The stock has a 52-week-high of $28.73 and a 52-week-low of $19.99. At the end of the last trading period, Oatly Group closed at $28.73.
  • With a Neutral rating, Goldman Sachs initiated coverage on Silvergate Capital Corp SI. The price target seems to have been set at $120.00 for Silvergate Capital. In the first quarter, Silvergate Capital showed an EPS of $0.55, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $187.86 and a 52-week-low of $12.05. Silvergate Capital closed at $96.36 at the end of the last trading period.
  • With a Hold rating, Jefferies initiated coverage on Procore Technologies Inc PCOR. The price target seems to have been set at $90.00 for Procore Technologies. The stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. At the end of the last trading period, Procore Technologies closed at $83.99.
  • Goldman Sachs initiated coverage on Procore Technologies Inc PCOR with a Neutral rating. The price target for Procore Technologies is set to $84.00. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.
  • With a Buy rating, HC Wainwright & Co. initiated coverage on Metacrine Inc MTCR. The price target seems to have been set at $15.00 for Metacrine. Metacrine earned $0.57 in the first quarter. At the moment, the stock has a 52-week-high of $11.65 and a 52-week-low of $3.30. Metacrine closed at $4.14 at the end of the last trading period.
  • Canaccord Genuity initiated coverage on Procore Technologies Inc PCOR with a Buy rating. The price target for Procore Technologies is set to $100.00. At the moment, the stock has a 52-week-high of $91.99 and a 52-week-low of $78.96. Procore Technologies closed at $83.99 at the end of the last trading period.
  • With an Overweight rating, Keybanc initiated coverage on Squarespace Inc SQSP. The price target seems to have been set at $70.00 for Squarespace. The current stock performance of Squarespace shows a 52-week-high of $59.98 and a 52-week-low of $42.82. Moreover, at the end of the last trading period, the closing price was at $59.90.
  • Keybanc initiated coverage on Procore Technologies Inc PCOR with an Overweight rating. The price target for Procore Technologies is set to $105.00. The current stock performance of Procore Technologies shows a 52-week-high of $91.99 and a 52-week-low of $78.96. Moreover, at the end of the last trading period, the closing price was at $83.99.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings

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