Benzinga's Top Ratings Upgrades, Downgrades For March 15, 2022

Upgrades

For Realty Income Corp (NYSE:O), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. For the fourth quarter, Realty Income had an EPS of $0.94, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $74.60 and a 52-week-low of $61.43. Realty Income closed at $64.88 at the end of the last trading period.

Barclays upgraded the previous rating for Fortive Corp (NYSE:FTV) from Equal-Weight to Overweight. For the fourth quarter, Fortive had an EPS of $0.79, compared to year-ago quarter EPS of $0.70. The stock has a 52-week-high of $79.87 and a 52-week-low of $56.06. At the end of the last trading period, Fortive closed at $56.96.

Atlantic Equities upgraded the previous rating for W.W. Grainger Inc (NYSE:GWW) from Neutral to Overweight. W.W. Grainger earned $5.44 in the fourth quarter, compared to $3.66 in the year-ago quarter. The stock has a 52-week-high of $527.06 and a 52-week-low of $386.37. At the end of the last trading period, W.W. Grainger closed at $483.40.

See all analyst ratings upgrades.

Downgrades

According to UBS, the prior rating for Zynga Inc (NASDAQ:ZNGA) was changed from Buy to Neutral. Zynga earned $0.09 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.37 and a 52-week-low of $5.57. Zynga closed at $8.86 at the end of the last trading period.

For Nektar Therapeutics (NASDAQ:NKTR), BTIG downgraded the previous rating of Buy to Neutral. Nektar Therapeutics earned $0.79 in the fourth quarter, compared to $0.65 in the year-ago quarter. The stock has a 52-week-high of $23.50 and a 52-week-low of $3.98. At the end of the last trading period, Nektar Therapeutics closed at $4.16.

According to Credit Suisse, the prior rating for China Eastern Airlines Corp Ltd (NYSE:CEA) was changed from Neutral to Underperform. The current stock performance of China Eastern Airlines shows a 52-week-high of $26.19 and a 52-week-low of $17.00. Moreover, at the end of the last trading period, the closing price was at $17.01.

According to Credit Suisse, the prior rating for China Southern Airlines Co Ltd (NYSE:ZNH) was changed from Outperform to Neutral. NoneThe current stock performance of China Southern Airlines shows a 52-week-high of $39.96 and a 52-week-low of $25.07. Moreover, at the end of the last trading period, the closing price was at $25.81.

Goldman Sachs downgraded the previous rating for Hormel Foods Corp (NYSE:HRL) from Neutral to Sell. Hormel Foods earned $0.44 in the first quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $53.19 and a 52-week-low of $40.48. Hormel Foods closed at $50.04 at the end of the last trading period.

For Evolv Technologies Holdings Inc (NASDAQ:EVLV), Stifel downgraded the previous rating of Buy to Hold. The stock has a 52-week-high of $12.90 and a 52-week-low of $2.81. At the end of the last trading period, Evolv Technologies closed at $2.99.

See all analyst ratings downgrades.

Initiations

Ladenburg Thalmann initiated coverage on Compass Therapeutics Inc (NASDAQ:CMPX) with a Buy rating. The price target for Compass Therapeutics is set to $7.00. The current stock performance of Compass Therapeutics shows a 52-week-high of $11.00 and a 52-week-low of $1.25. Moreover, at the end of the last trading period, the closing price was at $1.44.

With a Buy rating, Truist Securities initiated coverage on Frontier Communications Parent Inc (NASDAQ:FYBR). The price target seems to have been set at $40.00 for Frontier Communications. The stock has a 52-week-high of $35.15 and a 52-week-low of $23.24. At the end of the last trading period, Frontier Communications closed at $25.10.

With an Outperform rating, SVB Leerink initiated coverage on Pardes Biosciences Inc (NASDAQ:PRDS). The price target seems to have been set at $18.00 for Pardes Biosciences. The stock has a 52-week-high of $17.76 and a 52-week-low of $5.54. At the end of the last trading period, Pardes Biosciences closed at $5.64.

Baird initiated coverage on Toast Inc (NYSE:TOST) with an Outperform rating. The price target for Toast is set to $25.00. At the moment, the stock has a 52-week-high of $69.93 and a 52-week-low of $15.82. Toast closed at $16.26 at the end of the last trading period.

With an Outperform rating, Evercore ISI Group initiated coverage on Xponential Fitness Inc (NYSE:XPOF). The price target seems to have been set at $34.00 for Xponential Fitness. The stock has a 52-week-high of $24.73 and a 52-week-low of $9.87. At the end of the last trading period, Xponential Fitness closed at $20.02.

Oppenheimer initiated coverage on BioVie Inc (NASDAQ:BIVI) with an Outperform rating. The price target for BioVie is set to $9.00. In the second quarter, BioVie showed an EPS of $0.22, compared to $0.22 from the year-ago quarter. The stock has a 52-week-high of $23.86 and a 52-week-low of $2.52. At the end of the last trading period, BioVie closed at $2.77.

See all analyst ratings initiations.

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