Benzinga's Top Ratings Upgrades, Downgrades For January 25, 2022

Upgrades

According to TD Securities, the prior rating for Turquoise Hill Resources Ltd TRQ was changed from Hold to Speculative Buy. For the third quarter, Turquoise Hill Resources had an EPS of $0.17, compared to year-ago quarter EPS of $0.64. At the moment, the stock has a 52-week-high of $21.89 and a 52-week-low of $9.75. Turquoise Hill Resources closed at $15.10 at the end of the last trading period.

Seaport Global upgraded the previous rating for SJW Group SJW from Neutral to Buy. For the third quarter, SJW Gr had an EPS of $0.64, compared to year-ago quarter EPS of $0.92. At the moment, the stock has a 52-week-high of $73.69 and a 52-week-low of $58.01. SJW Gr closed at $68.09 at the end of the last trading period.

For U.S. Bancorp USB, Odeon Capital upgraded the previous rating of Hold to Buy. U.S. Bancorp earned $1.07 in the fourth quarter, compared to $0.95 in the year-ago quarter. The stock has a 52-week-high of $63.57 and a 52-week-low of $42.47. At the end of the last trading period, U.S. Bancorp closed at $56.81.

According to Evercore ISI Group, the prior rating for Public Service Enterprise Group Inc PEG was changed from In-Line to Outperform. For the third quarter, Public Service Enterprise had an EPS of $0.98, compared to year-ago quarter EPS of $0.96. At the moment, the stock has a 52-week-high of $67.62 and a 52-week-low of $53.77. Public Service Enterprise closed at $64.35 at the end of the last trading period.

Macquarie upgraded the previous rating for UiPath Inc PATH from Neutral to Outperform. In the third quarter, UiPath showed an EPS of $0.00, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $90.00 and a 52-week-low of $32.17. UiPath closed at $36.49 at the end of the last trading period.

For NiSource Inc NI, Evercore ISI Group upgraded the previous rating of In-Line to Outperform. In the third quarter, NiSource showed an EPS of $0.11, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $28.44 and a 52-week-low of $21.09. NiSource closed at $27.04 at the end of the last trading period.

For Xcel Energy Inc XEL, Evercore ISI Group upgraded the previous rating of In-Line to Outperform. Xcel Energy earned $1.13 in the third quarter, compared to $1.14 in the year-ago quarter. The current stock performance of Xcel Energy shows a 52-week-high of $72.94 and a 52-week-low of $57.23. Moreover, at the end of the last trading period, the closing price was at $67.43.

Daiwa Capital upgraded the previous rating for Cognex Corp CGNX from Neutral to Outperform. For the third quarter, Cognex had an EPS of $0.40, compared to year-ago quarter EPS of $0.47. The current stock performance of Cognex shows a 52-week-high of $101.82 and a 52-week-low of $63.96. Moreover, at the end of the last trading period, the closing price was at $67.71.

DA Davidson upgraded the previous rating for Confluent Inc CFLT from Neutral to Buy. The stock has a 52-week-high of $94.97 and a 52-week-low of $37.71. At the end of the last trading period, Confluent closed at $58.64.

Craig-Hallum upgraded the previous rating for SmileDirectClub Inc SDC from Sell to Hold. In the third quarter, SmileDirectClub showed an EPS of $0.23, compared to $0.11 from the year-ago quarter. The current stock performance of SmileDirectClub shows a 52-week-high of $16.08 and a 52-week-low of $1.75. Moreover, at the end of the last trading period, the closing price was at $1.99.

According to Citigroup, the prior rating for Despegar.com Corp DESP was changed from Neutral to Buy. Despegar.com earned $0.30 in the third quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $17.66 and a 52-week-low of $7.97. At the end of the last trading period, Despegar.com closed at $9.89.

According to Loop Capital, the prior rating for Snowflake Inc SNOW was changed from Hold to Buy. In the third quarter, Snowflake showed an EPS of $0.04, compared to $0.28 from the year-ago quarter. The stock has a 52-week-high of $405.00 and a 52-week-low of $184.71. At the end of the last trading period, Snowflake closed at $277.50.

Bernstein upgraded the previous rating for Plains All American Pipeline LP PAA from Market Perform to Outperform. In the third quarter, Plains All American showed an EPS of $0.22, compared to $0.46 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.38 and a 52-week-low of $8.07. Plains All American closed at $10.11 at the end of the last trading period.

SVB Leerink upgraded the previous rating for Allscripts Healthcare Solutions Inc MDRX from Market Perform to Outperform. In the third quarter, Allscripts Healthcare showed an EPS of $0.27, compared to $0.20 from the year-ago quarter. The current stock performance of Allscripts Healthcare shows a 52-week-high of $19.00 and a 52-week-low of $13.05. Moreover, at the end of the last trading period, the closing price was at $17.48.

For Datto Holding Corp MSP, Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. Datto Holding earned $0.16 in the third quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Datto Holding shows a 52-week-high of $28.25 and a 52-week-low of $21.98. Moreover, at the end of the last trading period, the closing price was at $24.39.

According to Canaccord Genuity, the prior rating for Turquoise Hill Resources Ltd TRQ was changed from Hold to Buy. For the third quarter, Turquoise Hill Resources had an EPS of $0.17, compared to year-ago quarter EPS of $0.64. The current stock performance of Turquoise Hill Resources shows a 52-week-high of $21.89 and a 52-week-low of $9.75. Moreover, at the end of the last trading period, the closing price was at $15.10.

Morgan Stanley upgraded the previous rating for New Relic Inc NEWR from Equal-Weight to Overweight. For the second quarter, New Relic had an EPS of $0.10, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $129.70 and a 52-week-low of $51.52. At the end of the last trading period, New Relic closed at $103.35.

According to Wells Fargo, the prior rating for Nike Inc NKE was changed from Equal-Weight to Overweight. Nike earned $0.83 in the second quarter, compared to $0.78 in the year-ago quarter. The current stock performance of Nike shows a 52-week-high of $179.10 and a 52-week-low of $125.44. Moreover, at the end of the last trading period, the closing price was at $146.00.

Berenberg upgraded the previous rating for Delta Air Lines Inc DAL from Hold to Buy. In the fourth quarter, Delta Air Lines showed an EPS of $0.22, compared to $2.53 from the year-ago quarter. The current stock performance of Delta Air Lines shows a 52-week-high of $52.28 and a 52-week-low of $33.40. Moreover, at the end of the last trading period, the closing price was at $37.91.

According to Stifel, the prior rating for Blueprint Medicines Corp BPMC was changed from Hold to Buy. For the third quarter, Blueprint Medicines had an EPS of $2.00, compared to year-ago quarter EPS of $11.16. The current stock performance of Blueprint Medicines shows a 52-week-high of $117.86 and a 52-week-low of $66.29. Moreover, at the end of the last trading period, the closing price was at $72.28.

Piper Sandler upgraded the previous rating for PBF Energy Inc PBF from Neutral to Overweight. For the third quarter, PBF Energy had an EPS of $0.12, compared to year-ago quarter EPS of $2.87. The current stock performance of PBF Energy shows a 52-week-high of $18.78 and a 52-week-low of $7.24. Moreover, at the end of the last trading period, the closing price was at $15.87.

For ViacomCBS Inc VIAC, Keybanc upgraded the previous rating of Underweight to Sector Weight. For the third quarter, ViacomCBS had an EPS of $0.76, compared to year-ago quarter EPS of $0.91. The stock has a 52-week-high of $101.97 and a 52-week-low of $28.29. At the end of the last trading period, ViacomCBS closed at $32.55.

See all analyst ratings upgrades.

Downgrades

For Pinterest Inc PINS, OTR Global downgraded the previous rating of Positive to Mixed. For the third quarter, Pinterest had an EPS of $0.28, compared to year-ago quarter EPS of $0.13. The stock has a 52-week-high of $89.90 and a 52-week-low of $27.75. At the end of the last trading period, Pinterest closed at $31.11.

According to Maxim Group, the prior rating for Wrap Technologies Inc WRAP was changed from Buy to Hold. For the third quarter, Wrap Technologies had an EPS of $0.15, compared to year-ago quarter EPS of $0.11. The current stock performance of Wrap Technologies shows a 52-week-high of $9.80 and a 52-week-low of $2.22. Moreover, at the end of the last trading period, the closing price was at $2.38.

Liberum downgraded the previous rating for Novo Nordisk A/S NVO from Hold to Sell. In the third quarter, Novo Nordisk showed an EPS of $0.84, compared to $0.69 from the year-ago quarter. The current stock performance of Novo Nordisk shows a 52-week-high of $117.35 and a 52-week-low of $66.59. Moreover, at the end of the last trading period, the closing price was at $95.44.

For Sierra Bancorp BSRR, Janney Montgomery Scott downgraded the previous rating of Buy to Neutral. Sierra Bancorp earned $0.63 in the fourth quarter, compared to $0.58 in the year-ago quarter. The stock has a 52-week-high of $29.41 and a 52-week-low of $21.48. At the end of the last trading period, Sierra Bancorp closed at $27.19.

According to Evercore ISI Group, the prior rating for Evergy Inc EVRG was changed from Outperform to In-Line. Evergy earned $1.98 in the third quarter, compared to $1.73 in the year-ago quarter. The stock has a 52-week-high of $69.45 and a 52-week-low of $51.92. At the end of the last trading period, Evergy closed at $63.58.

Evercore ISI Group downgraded the previous rating for OGE Energy Corp OGE from Outperform to In-Line. In the third quarter, OGE Energy showed an EPS of $1.26, compared to $1.04 from the year-ago quarter. The stock has a 52-week-high of $38.57 and a 52-week-low of $29.18. At the end of the last trading period, OGE Energy closed at $37.10.

According to Stifel, the prior rating for eFFECTOR Therapeutics Inc EFTR was changed from Buy to Hold. For the third quarter, eFFECTOR Therapeutics had an EPS of $0.42, compared to year-ago quarter EPS of $5.29. At the moment, the stock has a 52-week-high of $40.42 and a 52-week-low of $5.50. eFFECTOR Therapeutics closed at $6.03 at the end of the last trading period.

For Pacific Premier Bancorp Inc PPBI, Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. In the fourth quarter, Pacific Premier Bancorp showed an EPS of $0.89, compared to $0.71 from the year-ago quarter. At the moment, the stock has a 52-week-high of $47.46 and a 52-week-low of $32.70. Pacific Premier Bancorp closed at $40.60 at the end of the last trading period.

Redburn Partners downgraded the previous rating for American Airlines Group Inc AAL from Buy to Neutral. American Airlines Group earned $1.42 in the fourth quarter, compared to $3.86 in the year-ago quarter. The current stock performance of American Airlines Group shows a 52-week-high of $26.09 and a 52-week-low of $15.02. Moreover, at the end of the last trading period, the closing price was at $16.41.

According to Redburn Partners, the prior rating for Intuitive Surgical Inc ISRG was changed from Buy to Neutral. Intuitive Surgical earned $1.30 in the fourth quarter, compared to $1.19 in the year-ago quarter. The current stock performance of Intuitive Surgical shows a 52-week-high of $1087.01 and a 52-week-low of $254.20. Moreover, at the end of the last trading period, the closing price was at $271.98.

For The Kroger Co KR, Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. For the third quarter, Kroger had an EPS of $0.78, compared to year-ago quarter EPS of $0.71. The stock has a 52-week-high of $50.15 and a 52-week-low of $32.00. At the end of the last trading period, Kroger closed at $47.72.

Piper Sandler downgraded the previous rating for Marathon Petroleum Corp MPC from Overweight to Neutral. Marathon Petroleum earned $0.73 in the third quarter, compared to $1.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $75.88 and a 52-week-low of $42.32. Marathon Petroleum closed at $70.39 at the end of the last trading period.

For Q2 Holdings Inc QTWO, Keybanc downgraded the previous rating of Overweight to Sector Weight. In the third quarter, Q2 Holdings showed an EPS of $0.03, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $148.56 and a 52-week-low of $60.88. At the end of the last trading period, Q2 Holdings closed at $65.99.

Keybanc downgraded the previous rating for Anaplan Inc PLAN from Overweight to Sector Weight. In the third quarter, Anaplan showed an EPS of $0.05, compared to $0.05 from the year-ago quarter. The current stock performance of Anaplan shows a 52-week-high of $86.17 and a 52-week-low of $39.92. Moreover, at the end of the last trading period, the closing price was at $45.27.

For BlackLine Inc BL, Keybanc downgraded the previous rating of Overweight to Sector Weight. For the third quarter, BlackLine had an EPS of $0.24, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $154.61 and a 52-week-low of $82.10. BlackLine closed at $88.62 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With an Outperform rating, Exane BNP Paribas initiated coverage on TPG Inc TPG. The price target seems to have been set at $43.00 for TPG. At the moment, the stock has a 52-week-high of $35.40 and a 52-week-low of $30.12. TPG closed at $31.72 at the end of the last trading period.

With a Buy rating, Lake Street initiated coverage on Arlo Technologies Inc ARLO. The price target seems to have been set at $14.00 for Arlo Technologies. Arlo Technologies earned $0.08 in the third quarter, compared to $0.10 in the year-ago quarter. The stock has a 52-week-high of $10.88 and a 52-week-low of $5.48. At the end of the last trading period, Arlo Technologies closed at $8.16.

Craig-Hallum initiated coverage on E2open Parent Holdings Inc ETWO with a Buy rating. The price target for E2open Parent Holdings is set to $14.00. The current stock performance of E2open Parent Holdings shows a 52-week-high of $14.58 and a 52-week-low of $7.84. Moreover, at the end of the last trading period, the closing price was at $9.00.

With a Buy rating, Stifel initiated coverage on ViewRay Inc VRAY. The price target seems to have been set at $7.00 for ViewRay. For the third quarter, ViewRay had an EPS of $0.15, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $8.25 and a 52-week-low of $3.79. At the end of the last trading period, ViewRay closed at $4.46.

Benchmark initiated coverage on Poema Global Holdings Corp PPGH with a Buy rating. The price target for Poema Global Hldgs is set to $18.00. At the moment, the stock has a 52-week-high of $10.10 and a 52-week-low of $9.59. Poema Global Hldgs closed at $9.90 at the end of the last trading period.

With an Overweight rating, Piper Sandler initiated coverage on Ares Management Corp ARES. The price target seems to have been set at $97.00 for Ares Management. Ares Management earned $0.62 in the third quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $90.08 and a 52-week-low of $44.43. Ares Management closed at $72.64 at the end of the last trading period.

Telsey Advisory Group initiated coverage on SilverBox Engaged Merger Corp I SBEA with an Outperform rating. The price target for SilverBox Engaged Merger is set to $13.00. At the moment, the stock has a 52-week-high of $15.75 and a 52-week-low of $9.61. SilverBox Engaged Merger closed at $9.97 at the end of the last trading period.

Atlantic Equities initiated coverage on Twilio Inc TWLO with an Overweight rating. The price target for Twilio is set to $240.00. Twilio earned $0.01 in the third quarter, compared to $0.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $457.30 and a 52-week-low of $175.36. Twilio closed at $197.50 at the end of the last trading period.

Loop Capital initiated coverage on Sociedad Quimica Y Minera De Chile SA SQM with a Buy rating. The price target for Sociedad Quimica Y Minera is set to $102.00. In the third quarter, Sociedad Quimica Y Minera showed an EPS of $0.37, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $71.50 and a 52-week-low of $40.53. Sociedad Quimica Y Minera closed at $53.29 at the end of the last trading period.

See all analyst ratings initiations.