Benzinga's Top Ratings Upgrades, Downgrades For June 25, 2021

 

Upgrades

  • According to Argus Research, the prior rating for Duke Energy Corp DUK was changed from Hold to Buy. Duke Energy earned $1.26 in the first quarter, compared to $1.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $108.00 and a 52-week-low of $77.58. Duke Energy closed at $99.07 at the end of the last trading period.
  • Stephens & Co. upgraded the previous rating for GMS Inc GMS from Equal-Weight to Overweight. For the fourth quarter, GMS had an EPS of $1.07, compared to year-ago quarter EPS of $0.56. The stock has a 52-week-high of $47.11 and a 52-week-low of $21.41. At the end of the last trading period, GMS closed at $45.10.
  • For Welltower Inc WELL, BMO Capital upgraded the previous rating of Underperform to Market Perform. In the first quarter, Welltower showed an EPS of $0.80, compared to $1.02 from the year-ago quarter. The current stock performance of Welltower shows a 52-week-high of $83.83 and a 52-week-low of $47.18. Moreover, at the end of the last trading period, the closing price was at $83.46.
  • For Darling Ingredients Inc DAR, BMO Capital upgraded the previous rating of Market Perform to Outperform. In the first quarter, Darling Ingredients showed an EPS of $0.91, compared to $0.51 from the year-ago quarter. At the moment, the stock has a 52-week-high of $79.65 and a 52-week-low of $22.38. Darling Ingredients closed at $65.17 at the end of the last trading period.
  • For United Rentals Inc URI, UBS upgraded the previous rating of Neutral to Buy. In the first quarter, United Rentals showed an EPS of $3.45, compared to $3.35 from the year-ago quarter. The current stock performance of United Rentals shows a 52-week-high of $354.60 and a 52-week-low of $139.10. Moreover, at the end of the last trading period, the closing price was at $316.80.
  • MKM Partners upgraded the previous rating for Darden Restaurants Inc DRI from Neutral to Buy. For the fourth quarter, Darden Restaurants had an EPS of $2.03, compared to year-ago quarter EPS of $1.24. At the moment, the stock has a 52-week-high of $149.73 and a 52-week-low of $68.91. Darden Restaurants closed at $139.85 at the end of the last trading period.
  • For Continental Resources Inc CLR, JP Morgan upgraded the previous rating of Neutral to Overweight. For the first quarter, Continental Resources had an EPS of $0.77, compared to year-ago quarter EPS of $0.08. The current stock performance of Continental Resources shows a 52-week-high of $38.63 and a 52-week-low of $11.09. Moreover, at the end of the last trading period, the closing price was at $37.99.
  • RBC Capital upgraded the previous rating for GMS Inc GMS from Sector Perform to Outperform. GMS earned $1.07 in the fourth quarter, compared to $0.56 in the year-ago quarter. The current stock performance of GMS shows a 52-week-high of $47.11 and a 52-week-low of $21.41. Moreover, at the end of the last trading period, the closing price was at $45.10.
  • For Martin Marietta Materials Inc MLM, Jefferies upgraded the previous rating of Hold to Buy. Martin Marietta Materials earned $1.04 in the first quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $383.71 and a 52-week-low of $198.81. Martin Marietta Materials closed at $358.96 at the end of the last trading period.
  • According to Jefferies, the prior rating for Vulcan Materials Co VMC was changed from Hold to Buy. For the first quarter, Vulcan Materials had an EPS of $0.69, compared to year-ago quarter EPS of $0.47. At the moment, the stock has a 52-week-high of $194.17 and a 52-week-low of $111.51. Vulcan Materials closed at $175.90 at the end of the last trading period.
  • For Ovintiv Inc OVV, Citigroup upgraded the previous rating of Neutral to Buy. In the first quarter, Ovintiv earned $1.10. The stock has a 52-week-high of $32.05 and a 52-week-low of $6.81. At the end of the last trading period, Ovintiv closed at $31.75.
  • According to Credit Suisse, the prior rating for Netflix Inc NFLX was changed from Neutral to Outperform. Netflix earned $3.75 in the first quarter, compared to $1.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $593.29 and a 52-week-low of $432.14. Netflix closed at $518.06 at the end of the last trading period.
  • For Nokia Oyj NOK, Goldman Sachs upgraded the previous rating of Neutral to Buy. For the first quarter, Nokia had an EPS of $0.08, compared to year-ago quarter EPS of $0.01. The current stock performance of Nokia shows a 52-week-high of $9.79 and a 52-week-low of $3.21. Moreover, at the end of the last trading period, the closing price was at $5.14.
  • Raymond James upgraded the previous rating for NetApp Inc NTAP from Market Perform to Outperform. For the fourth quarter, NetApp had an EPS of $1.17, compared to year-ago quarter EPS of $1.19. At the moment, the stock has a 52-week-high of $84.19 and a 52-week-low of $39.96. NetApp closed at $80.99 at the end of the last trading period.

See all analyst ratings upgrades.

 

Downgrades

  • For New Jersey Resources Corp NJR, B of A Securities downgraded the previous rating of Neutral to Underperform. For the second quarter, New Jersey Resources had an EPS of $1.77, compared to year-ago quarter EPS of $1.12. The stock has a 52-week-high of $44.41 and a 52-week-low of $25.87. At the end of the last trading period, New Jersey Resources closed at $41.43.
  • For H.B. Fuller Co FUL, Citigroup downgraded the previous rating of Buy to Neutral. In the second quarter, H.B. Fuller showed an EPS of $0.94, compared to $0.68 from the year-ago quarter. The current stock performance of H.B. Fuller shows a 52-week-high of $70.58 and a 52-week-low of $40.33. Moreover, at the end of the last trading period, the closing price was at $63.80.
  • According to JP Morgan, the prior rating for APA Corp APA was changed from Overweight to Neutral. In the first quarter, APA showed an EPS of $0.91, compared to $0.13 from the year-ago quarter. The stock has a 52-week-high of $24.30 and a 52-week-low of $7.45. At the end of the last trading period, APA closed at $22.26.
  • For Rite Aid Corp RAD, JP Morgan downgraded the previous rating of Neutral to Underweight. Rite Aid earned $0.38 in the first quarter, compared to $0.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $32.48 and a 52-week-low of $8.86. Rite Aid closed at $17.46 at the end of the last trading period.
  • According to CIBC, the prior rating for BlackBerry Ltd BB was changed from Neutral to Underperform. BlackBerry earned $0.05 in the first quarter, compared to $0.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.77 and a 52-week-low of $4.37. BlackBerry closed at $12.68 at the end of the last trading period.
  • According to Goldman Sachs, the prior rating for Logitech International SA LOGI was changed from Buy to Neutral. For the fourth quarter, Logitech International had an EPS of $1.45, compared to year-ago quarter EPS of $0.42. The current stock performance of Logitech International shows a 52-week-high of $140.17 and a 52-week-low of $61.66. Moreover, at the end of the last trading period, the closing price was at $125.64.

See all analyst ratings downgrades.

 

Initiations

  • CL King initiated coverage on FormFactor Inc FORM with a Buy rating. The price target for FormFactor is set to $42.00. For the first quarter, FormFactor had an EPS of $0.38, compared to year-ago quarter EPS of $0.33. At the moment, the stock has a 52-week-high of $52.39 and a 52-week-low of $22.37. FormFactor closed at $35.05 at the end of the last trading period.
  • With an Overweight rating, Stephens & Co. initiated coverage on Sunnova Energy International Inc NOVA. The price target seems to have been set at $56.00 for Sunnova Energy Intl. Sunnova Energy Intl earned $0.31 in the first quarter, compared to $0.85 in the year-ago quarter. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $57.70 and a 52-week-low of $15.89. Moreover, at the end of the last trading period, the closing price was at $35.31.
  • Redburn Partners initiated coverage on Comcast Corp CMCSA with a Buy rating. The price target for Comcast is set to $70.00. For the first quarter, Comcast had an EPS of $0.76, compared to year-ago quarter EPS of $0.71. At the moment, the stock has a 52-week-high of $59.11 and a 52-week-low of $37.77. Comcast closed at $56.06 at the end of the last trading period.
  • With a Neutral rating, Redburn Partners initiated coverage on DISH Network Corp DISH. The price target seems to have been set at $42.50 for DISH Network. In the first quarter, DISH Network showed an EPS of $0.99, compared to $0.55 from the year-ago quarter. The stock has a 52-week-high of $47.05 and a 52-week-low of $24.51. At the end of the last trading period, DISH Network closed at $41.19.
  • With a Neutral rating, Redburn Partners initiated coverage on T-Mobile US Inc TMUS. The price target seems to have been set at $138.00 for T-Mobile US. For the first quarter, T-Mobile US had an EPS of $0.74, compared to year-ago quarter EPS of $1.10. The stock has a 52-week-high of $148.69 and a 52-week-low of $103.43. At the end of the last trading period, T-Mobile US closed at $145.60.
  • Redburn Partners initiated coverage on Verizon Communications Inc VZ with a Sell rating. The price target for Verizon Communications is set to $50.00. For the first quarter, Verizon Communications had an EPS of $1.31, compared to year-ago quarter EPS of $1.26. The current stock performance of Verizon Communications shows a 52-week-high of $61.95 and a 52-week-low of $52.85. Moreover, at the end of the last trading period, the closing price was at $56.37.
  • Redburn Partners initiated coverage on AT&T Inc T with a Sell rating. The price target for AT&T is set to $23.00. In the first quarter, AT&T showed an EPS of $0.86, compared to $0.89 from the year-ago quarter. The current stock performance of AT&T shows a 52-week-high of $33.88 and a 52-week-low of $26.35. Moreover, at the end of the last trading period, the closing price was at $28.79.
  • Citigroup initiated coverage on Enphase Energy Inc ENPH with a Buy rating. The price target for Enphase Energy is set to $220.00. Enphase Energy earned $0.56 in the first quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $229.04 and a 52-week-low of $43.42. At the end of the last trading period, Enphase Energy closed at $170.77.
  • Citigroup initiated coverage on SolarEdge Technologies Inc SEDG with a Neutral rating. The price target for SolarEdge Technologies is set to $300.00. In the first quarter, SolarEdge Technologies showed an EPS of $0.98, compared to $0.95 from the year-ago quarter. The current stock performance of SolarEdge Technologies shows a 52-week-high of $377.00 and a 52-week-low of $127.19. Moreover, at the end of the last trading period, the closing price was at $267.28.
  • With a Buy rating, New Street Research initiated coverage on Sea Ltd SE. The price target seems to have been set at $325.00 for Sea. For the first quarter, Sea had an EPS of $0.62, compared to year-ago quarter EPS of $0.52. At the moment, the stock has a 52-week-high of $297.75 and a 52-week-low of $100.66. Sea closed at $289.42 at the end of the last trading period.
  • With a Neutral rating, Credit Suisse initiated coverage on Desktop Metal Inc DM. The price target seems to have been set at $14.00 for Desktop Metal. Interestingly, in the first quarter, Desktop Metal's EPS was $0.25. The stock has a 52-week-high of $34.94 and a 52-week-low of $10.20. At the end of the last trading period, Desktop Metal closed at $13.01.
  • Piper Sandler initiated coverage on Goosehead Insurance Inc GSHD with an Overweight rating. The price target for Goosehead Insurance is set to $145.00. Goosehead Insurance earned $0.03 in the first quarter, compared to $0.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $174.79 and a 52-week-low of $71.61. Goosehead Insurance closed at $126.61 at the end of the last trading period.
  • Stephens & Co. initiated coverage on Enphase Energy Inc ENPH with an Overweight rating. The price target for Enphase Energy is set to $215.00. Enphase Energy earned $0.56 in the first quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $229.04 and a 52-week-low of $43.42. At the end of the last trading period, Enphase Energy closed at $170.77.
  • Stephens & Co. initiated coverage on First Solar Inc FSLR with an Overweight rating. The price target for First Solar is set to $102.00. For the first quarter, First Solar had an EPS of $0.81, compared to year-ago quarter EPS of $0.85. The current stock performance of First Solar shows a 52-week-high of $112.50 and a 52-week-low of $48.30. Moreover, at the end of the last trading period, the closing price was at $84.51.
  • Stephens & Co. initiated coverage on Sunrun Inc RUN with an Overweight rating. The price target for Sunrun is set to $82.00. For the first quarter, Sunrun had an EPS of $0.12, compared to year-ago quarter EPS of $0.23. The current stock performance of Sunrun shows a 52-week-high of $100.93 and a 52-week-low of $18.43. Moreover, at the end of the last trading period, the closing price was at $52.84.
  • Rosenblatt initiated coverage on Cadence Design Systems Inc CDNS with a Buy rating. The price target for Cadence Design Systems is set to $156.00. In the first quarter, Cadence Design Systems showed an EPS of $0.83, compared to $0.60 from the year-ago quarter. At the moment, the stock has a 52-week-high of $149.08 and a 52-week-low of $90.05. Cadence Design Systems closed at $135.02 at the end of the last trading period.
  • DA Davidson initiated coverage on Empower Ltd EMPW with a Buy rating. The price target for Empower is set to $16.00. At the moment, the stock has a 52-week-high of $10.64 and a 52-week-low of $9.75. Empower closed at $10.08 at the end of the last trading period.
  • China Renaissance initiated coverage on Adagene Inc ADAG with a Buy rating. The price target for Adagene is set to $40.57. Adagene earned $0.78 in the fourth quarter. At the moment, the stock has a 52-week-high of $31.83 and a 52-week-low of $11.11. Adagene closed at $13.99 at the end of the last trading period.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.