Benzinga's Top Ratings Upgrades, Downgrades For January 31, 2022

Upgrades

UBS upgraded the previous rating for Align Technology Inc ALGN from Neutral to Buy. For the third quarter, Align Tech had an EPS of $2.87, compared to year-ago quarter EPS of $2.25. At the moment, the stock has a 52-week-high of $737.45 and a 52-week-low of $432.09. Align Tech closed at $463.96 at the end of the last trading period.

Oppenheimer upgraded the previous rating for Insulet Corp PODD from Perform to Outperform. Insulet earned $0.18 in the third quarter, compared to $0.17 in the year-ago quarter. The current stock performance of Insulet shows a 52-week-high of $324.81 and a 52-week-low of $193.70. Moreover, at the end of the last trading period, the closing price was at $230.59.

For Badger Meter Inc BMI, Maxim Group upgraded the previous rating of Hold to Buy. In the fourth quarter, Badger Meter showed an EPS of $0.59, compared to $0.45 from the year-ago quarter. The stock has a 52-week-high of $112.36 and a 52-week-low of $85.55. At the end of the last trading period, Badger Meter closed at $94.45.

According to Kepler Cheuvreux, the prior rating for Deutsche Bank AG DB was changed from Hold to Buy. For the fourth quarter, Deutsche Bank had an EPS of $0.14, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $15.34 and a 52-week-low of $10.08. At the end of the last trading period, Deutsche Bank closed at $13.49.

For Legend Biotech Corp LEGN, Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. Legend Biotech earned $0.43 in the third quarter, compared to $0.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.00 and a 52-week-low of $23.41. Legend Biotech closed at $37.46 at the end of the last trading period.

According to Truist Securities, the prior rating for EOG Resources Inc EOG was changed from Hold to Buy. For the third quarter, EOG Resources had an EPS of $2.16, compared to year-ago quarter EPS of $0.43. The stock has a 52-week-high of $111.28 and a 52-week-low of $50.08. At the end of the last trading period, EOG Resources closed at $109.70.

Truist Securities upgraded the previous rating for Packaging Corp of America PKG from Hold to Buy. Packaging Corp of America earned $2.76 in the fourth quarter, compared to $1.33 in the year-ago quarter. The current stock performance of Packaging Corp of America shows a 52-week-high of $156.54 and a 52-week-low of $124.78. Moreover, at the end of the last trading period, the closing price was at $145.55.

Stephens & Co. upgraded the previous rating for The AZEK Co Inc AZEK from Equal-Weight to Overweight. In the fourth quarter, AZEK Co showed an EPS of $0.32, compared to $0.29 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.32 and a 52-week-low of $28.90. AZEK Co closed at $31.19 at the end of the last trading period.

Raymond James upgraded the previous rating for Arcturus Therapeutics Holdings Inc ARCT from Underperform to Market Perform. In the third quarter, Arcturus Therapeutics showed an EPS of $2.05, compared to $0.92 from the year-ago quarter. The stock has a 52-week-high of $89.18 and a 52-week-low of $20.54. At the end of the last trading period, Arcturus Therapeutics closed at $22.30.

For Microchip Technology Inc MCHP, UBS upgraded the previous rating of Neutral to Buy. Microchip Technology earned $1.07 in the second quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $166.67 and a 52-week-low of $68.77. Microchip Technology closed at $72.22 at the end of the last trading period.

For KE Holdings Inc BEKE, HSBC upgraded the previous rating of Reduce to Hold. In the third quarter, KE Holdings showed an EPS of $0.12, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $76.92 and a 52-week-low of $15.15. At the end of the last trading period, KE Holdings closed at $18.93.

HC Wainwright & Co. upgraded the previous rating for KemPharm Inc KMPH from Neutral to Buy. At the moment, the stock has a 52-week-high of $18.15 and a 52-week-low of $5.86. KemPharm closed at $6.44 at the end of the last trading period.

HC Wainwright & Co. upgraded the previous rating for Genmab A/S GMAB from Neutral to Buy. For the third quarter, Genmab had an EPS of $0.21, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $49.07 and a 52-week-low of $30.10. Genmab closed at $32.85 at the end of the last trading period.

For Netflix Inc NFLX, Citigroup upgraded the previous rating of Neutral to Buy. Netflix earned $1.33 in the fourth quarter, compared to $1.19 in the year-ago quarter. The current stock performance of Netflix shows a 52-week-high of $700.99 and a 52-week-low of $351.46. Moreover, at the end of the last trading period, the closing price was at $384.36.

According to Citigroup, the prior rating for Spotify Technology SA SPOT was changed from Neutral to Buy. In the third quarter, Spotify Technology showed an EPS of $0.48, compared to $0.68 from the year-ago quarter. The current stock performance of Spotify Technology shows a 52-week-high of $387.44 and a 52-week-low of $164.41. Moreover, at the end of the last trading period, the closing price was at $172.98.

According to Mizuho, the prior rating for Consolidated Edison Inc ED was changed from Neutral to Buy. Consolidated Edison earned $1.41 in the third quarter, compared to $1.48 in the year-ago quarter. The stock has a 52-week-high of $86.25 and a 52-week-low of $65.56. At the end of the last trading period, Consolidated Edison closed at $84.63.

Morgan Stanley upgraded the previous rating for Seagen Inc SGEN from Equal-Weight to Overweight. Seagen earned $1.61 in the third quarter, compared to $3.50 in the year-ago quarter. The stock has a 52-week-high of $199.00 and a 52-week-low of $120.99. At the end of the last trading period, Seagen closed at $127.62.

According to Morgan Stanley, the prior rating for Envista Holdings Corp NVST was changed from Equal-Weight to Overweight. Envista Holdings earned $0.45 in the third quarter, compared to $0.48 in the year-ago quarter. The stock has a 52-week-high of $46.88 and a 52-week-low of $34.50. At the end of the last trading period, Envista Holdings closed at $42.45.

For Mercer International Inc MERC, RBC Capital upgraded the previous rating of Underperform to Outperform. Mercer International earned $1.04 in the third quarter, compared to $0.11 in the year-ago quarter. The stock has a 52-week-high of $18.14 and a 52-week-low of $9.51. At the end of the last trading period, Mercer International closed at $11.15.

RBC Capital upgraded the previous rating for Equifax Inc EFX from Sector Perform to Outperform. Equifax earned $1.85 in the third quarter, compared to $1.87 in the year-ago quarter. The stock has a 52-week-high of $300.11 and a 52-week-low of $161.87. At the end of the last trading period, Equifax closed at $234.05.

Piper Sandler upgraded the previous rating for Intuitive Surgical Inc ISRG from Neutral to Overweight. Intuitive Surgical earned $1.30 in the fourth quarter, compared to $1.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $1087.01 and a 52-week-low of $254.20. Intuitive Surgical closed at $271.79 at the end of the last trading period.

According to Raymond James, the prior rating for First Busey Corp BUSE was changed from Market Perform to Outperform. For the fourth quarter, First Busey had an EPS of $0.61, compared to year-ago quarter EPS of $0.62. At the moment, the stock has a 52-week-high of $29.73 and a 52-week-low of $20.58. First Busey closed at $27.30 at the end of the last trading period.

For Booz Allen Hamilton Holding Corp BAH, Raymond James upgraded the previous rating of Market Perform to Outperform. Booz Allen Hamilton earned $1.02 in the third quarter, compared to $1.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $98.18 and a 52-week-low of $73.32. Booz Allen Hamilton closed at $75.25 at the end of the last trading period.

Raymond James upgraded the previous rating for CACI International Inc CACI from Market Perform to Outperform. In the second quarter, CACI International showed an EPS of $3.83, compared to $4.18 from the year-ago quarter. The current stock performance of CACI International shows a 52-week-high of $290.70 and a 52-week-low of $215.18. Moreover, at the end of the last trading period, the closing price was at $245.21.

Barclays upgraded the previous rating for Beyond Meat Inc BYND from Underweight to Overweight. For the third quarter, Beyond Meat had an EPS of $0.87, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $192.00 and a 52-week-low of $53.10. Beyond Meat closed at $56.54 at the end of the last trading period.

Credit Suisse upgraded the previous rating for Tesla Inc TSLA from Neutral to Outperform. In the fourth quarter, Tesla showed an EPS of $2.54, compared to $0.80 from the year-ago quarter. The stock has a 52-week-high of $1243.49 and a 52-week-low of $539.49. At the end of the last trading period, Tesla closed at $846.35.

For Haynes International Inc HAYN, Keybanc upgraded the previous rating of Sector Weight to Overweight. For the first quarter, Haynes Intl had an EPS of $0.37, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of $47.08 and a 52-week-low of $22.33. At the end of the last trading period, Haynes Intl closed at $31.22.

See all analyst ratings upgrades.

Downgrades

For Largo Inc LGO, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. At the moment, the stock has a 52-week-high of $18.71 and a 52-week-low of $7.39. Largo closed at $8.18 at the end of the last trading period.

For Chevron Corp CVX, Truist Securities downgraded the previous rating of Buy to Hold. For the fourth quarter, Chevron had an EPS of $2.56, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $137.00 and a 52-week-low of $84.57. At the end of the last trading period, Chevron closed at $130.61.

For First Community Bankshares Inc FCBC, Piper Sandler downgraded the previous rating of Overweight to Neutral. In the fourth quarter, First Community showed an EPS of $0.62, compared to $0.65 from the year-ago quarter. The current stock performance of First Community shows a 52-week-high of $36.73 and a 52-week-low of $21.36. Moreover, at the end of the last trading period, the closing price was at $32.01.

For ConnectOne Bancorp Inc CNOB, Raymond James downgraded the previous rating of Strong Buy to Outperform. ConnectOne Bancorp earned $0.79 in the fourth quarter, compared to $0.64 in the year-ago quarter. The stock has a 52-week-high of $37.00 and a 52-week-low of $20.30. At the end of the last trading period, ConnectOne Bancorp closed at $33.73.

For Banco Macro SA BMA, JP Morgan downgraded the previous rating of Neutral to Underweight. Banco Macro earned $1.16 in the third quarter, compared to $1.25 in the year-ago quarter. The stock has a 52-week-high of $21.20 and a 52-week-low of $12.06. At the end of the last trading period, Banco Macro closed at $13.96.

For Grupo Financiero Galicia SA GGAL, JP Morgan downgraded the previous rating of Neutral to Underweight. For the third quarter, Grupo Financiero Galicia had an EPS of $0.66, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $12.75 and a 52-week-low of $7.00. At the end of the last trading period, Grupo Financiero Galicia closed at $9.53.

For PagSeguro Digital Ltd PAGS, HSBC downgraded the previous rating of Buy to Hold. In the third quarter, PagSeguro Digital showed an EPS of $0.24, compared to $0.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $62.83 and a 52-week-low of $19.05. PagSeguro Digital closed at $20.87 at the end of the last trading period.

HSBC downgraded the previous rating for StoneCo Ltd STNE from Buy to Hold. StoneCo earned $0.09 in the third quarter, compared to $0.18 in the year-ago quarter. The current stock performance of StoneCo shows a 52-week-high of $95.12 and a 52-week-low of $13.14. Moreover, at the end of the last trading period, the closing price was at $14.66.

BMO Capital downgraded the previous rating for Kellogg Co K from Outperform to Market Perform. For the third quarter, Kellogg had an EPS of $1.09, compared to year-ago quarter EPS of $0.91. The current stock performance of Kellogg shows a 52-week-high of $68.60 and a 52-week-low of $56.61. Moreover, at the end of the last trading period, the closing price was at $65.26.

According to JP Morgan, the prior rating for VF Corp VFC was changed from Overweight to Neutral. For the third quarter, VF had an EPS of $1.35, compared to year-ago quarter EPS of $0.93. The stock has a 52-week-high of $90.79 and a 52-week-low of $61.49. At the end of the last trading period, VF closed at $62.96.

Keybanc downgraded the previous rating for Meritage Homes Corp MTH from Overweight to Sector Weight. In the fourth quarter, Meritage Homes showed an EPS of $6.25, compared to $3.97 from the year-ago quarter. At the moment, the stock has a 52-week-high of $125.01 and a 52-week-low of $79.00. Meritage Homes closed at $100.03 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Jefferies initiated coverage on Stoke Therapeutics Inc STOK. The price target seems to have been set at $50.00 for Stoke Therapeutics. In the third quarter, Stoke Therapeutics showed an EPS of $0.61, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $68.00 and a 52-week-low of $17.02. Stoke Therapeutics closed at $17.93 at the end of the last trading period.

With a Buy rating, Dawson James initiated coverage on Safe-T Group Ltd SFET. The price target seems to have been set at $6.00 for Safe-T Gr. For the third quarter, Safe-T Gr had an EPS of $0.11, compared to year-ago quarter EPS of $0.00. At the moment, the stock has a 52-week-high of $2.98 and a 52-week-low of $0.48. Safe-T Gr closed at $0.58 at the end of the last trading period.

Morgan Stanley initiated coverage on Sonendo Inc SONX with a Equal-Weight rating. The price target for Sonendo is set to $6.90. The stock has a 52-week-high of $12.24 and a 52-week-low of $5.30. At the end of the last trading period, Sonendo closed at $7.31.

Morgan Stanley initiated coverage on SmileDirectClub Inc SDC with a Equal-Weight rating. The price target for SmileDirectClub is set to $2.30. 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 $2.41.

With a Equal-Weight rating, Morgan Stanley initiated coverage on Patterson Companies Inc PDCO. The price target seems to have been set at $30.00 for Patterson Companies. In the second quarter, Patterson Companies showed an EPS of $0.58, compared to $0.63 from the year-ago quarter. The current stock performance of Patterson Companies shows a 52-week-high of $37.37 and a 52-week-low of $26.51. Moreover, at the end of the last trading period, the closing price was at $28.33.

Morgan Stanley initiated coverage on Henry Schein Inc HSIC with an Underweight rating. The price target for Henry Schein is set to $67.00. For the third quarter, Henry Schein had an EPS of $1.10, compared to year-ago quarter EPS of $1.03. The stock has a 52-week-high of $83.45 and a 52-week-low of $60.70. At the end of the last trading period, Henry Schein closed at $75.70.

Morgan Stanley initiated coverage on Dentsply Sirona Inc XRAY with an Overweight rating. The price target for Dentsply Sirona is set to $62.00. Dentsply Sirona earned $0.68 in the third quarter, compared to $0.67 in the year-ago quarter. The stock has a 52-week-high of $69.54 and a 52-week-low of $48.13. At the end of the last trading period, Dentsply Sirona closed at $53.44.

With an Overweight rating, Morgan Stanley initiated coverage on Align Technology Inc ALGN. The price target seems to have been set at $575.00 for Align Tech. In the third quarter, Align Tech showed an EPS of $2.87, compared to $2.25 from the year-ago quarter. The stock has a 52-week-high of $737.45 and a 52-week-low of $432.09. At the end of the last trading period, Align Tech closed at $463.96.

With a Buy rating, Ladenburg Thalmann initiated coverage on Calithera Biosciences Inc CALA. The price target seems to have been set at $4.00 for Calithera Biosciences. In the third quarter, Calithera Biosciences showed an EPS of $0.15, compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of $3.33 and a 52-week-low of $0.39. At the end of the last trading period, Calithera Biosciences closed at $0.42.

Credit Suisse initiated coverage on Vivid Seats Inc SEAT with an Outperform rating. The price target for Vivid Seats is set to $16.00. At the moment, the stock has a 52-week-high of $14.35 and a 52-week-low of $7.84. Vivid Seats closed at $8.21 at the end of the last trading period.

Cowen & Co. initiated coverage on Intellia Therapeutics Inc NTLA with an Outperform rating. In the third quarter, Intellia Therapeutics showed an EPS of $0.97, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $202.73 and a 52-week-low of $43.86. At the end of the last trading period, Intellia Therapeutics closed at $86.02.

B of A Securities initiated coverage on Crescent Capital BDC Inc CCAP with a Buy rating. The price target for Crescent Capital BDC is set to $19.50. In the third quarter, Crescent Capital BDC showed an EPS of $0.48, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $21.48 and a 52-week-low of $15.14. At the end of the last trading period, Crescent Capital BDC closed at $17.83.

JP Morgan initiated coverage on The Howard Hughes Corp HHC with an Overweight rating. The price target for Howard Hughes is set to $125.00. Howard Hughes earned $0.07 in the third quarter, compared to $2.51 in the year-ago quarter. The stock has a 52-week-high of $113.20 and a 52-week-low of $81.99. At the end of the last trading period, Howard Hughes closed at $91.82.

HC Wainwright & Co. initiated coverage on Pioneer Power Solutions Inc PPSI with a Buy rating. The price target for Pioneer Power Solutions is set to $12.00. Pioneer Power Solutions earned $0.05 in the third quarter, compared to $0.15 in the year-ago quarter. The current stock performance of Pioneer Power Solutions shows a 52-week-high of $14.43 and a 52-week-low of $3.09. Moreover, at the end of the last trading period, the closing price was at $5.09.

Keybanc initiated coverage on Vacasa Inc VCSA with a Sector Weight rating. The current stock performance of Vacasa shows a 52-week-high of $11.00 and a 52-week-low of $5.87. Moreover, at the end of the last trading period, the closing price was at $5.99.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings