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

Upgrades

For Aris Water Solutions Inc ARIS, Capital One upgraded the previous rating of Equal-Weight to Overweight. The stock has a 52-week-high of $19.16 and a 52-week-low of $10.06. At the end of the last trading period, Aris Water Solutions closed at $18.55.

UBS upgraded the previous rating for Rio Tinto PLC RIO from Sell to Neutral. At the moment, the stock has a 52-week-high of $95.97 and a 52-week-low of $59.58. Rio Tinto closed at $78.30 at the end of the last trading period.

For Farfetch Ltd FTCH, Societe Generale upgraded the previous rating of Hold to Buy. For the fourth quarter, Farfetch had an EPS of $0.03, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $59.00 and a 52-week-low of $10.75. Farfetch closed at $15.51 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For AutoWeb Inc AUTO, Lake Street downgraded the previous rating of Buy to Hold. For the fourth quarter, AutoWeb had an EPS of $0.20, compared to year-ago quarter EPS of $0.07. At the moment, the stock has a 52-week-high of $4.35 and a 52-week-low of $1.69. AutoWeb closed at $2.43 at the end of the last trading period.

According to Jefferies, the prior rating for Airspan Networks Holdings Inc MIMO was changed from Buy to Hold. The current stock performance of Airspan Networks Hldgs shows a 52-week-high of $5.78 and a 52-week-low of $2.94. Moreover, at the end of the last trading period, the closing price was at $4.00.

According to Morgan Stanley, the prior rating for Waterdrop Inc WDH was changed from Overweight to Equal-Weight. The stock has a 52-week-high of $11.77 and a 52-week-low of $0.90. At the end of the last trading period, Waterdrop closed at $1.63.

According to Argus Research, the prior rating for Carnival Corp CCL was changed from Buy to Hold. Carnival earned $1.66 in the first quarter, compared to $1.79 in the year-ago quarter. The current stock performance of Carnival shows a 52-week-high of $31.52 and a 52-week-low of $14.94. Moreover, at the end of the last trading period, the closing price was at $18.49.

According to BMO Capital, the prior rating for Postal Realty Trust Inc PSTL was changed from Outperform to Market Perform. For the fourth quarter, Postal Realty Trust had an EPS of $0.25, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $21.27 and a 52-week-low of $15.83. Postal Realty Trust closed at $17.41 at the end of the last trading period.

RBC Capital downgraded the previous rating for Diversey Holdings Ltd DSEY from Outperform to Sector Perform. The current stock performance of Diversey Hldgs shows a 52-week-high of $18.61 and a 52-week-low of $6.89. Moreover, at the end of the last trading period, the closing price was at $7.65.

Raymond James downgraded the previous rating for Marketwise Inc MKTW from Outperform to Market Perform. The stock has a 52-week-high of $16.97 and a 52-week-low of $4.03. At the end of the last trading period, Marketwise closed at $5.68.

Oppenheimer downgraded the previous rating for Titan Medical Inc TMDI from Outperform to Perform. Titan Medical earned $0.08 in the fourth quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $2.45 and a 52-week-low of $0.47. At the end of the last trading period, Titan Medical closed at $0.59.

Guggenheim downgraded the previous rating for The Honest Co Inc HNST from Buy to Neutral. Honest Co earned $0.10 in the fourth quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $23.88 and a 52-week-low of $5.01. At the end of the last trading period, Honest Co closed at $6.04.

For Switch Inc SWCH, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Switch had an EPS of $0.03, compared to year-ago quarter EPS of $0.06. The current stock performance of Switch shows a 52-week-high of $30.27 and a 52-week-low of $15.34. Moreover, at the end of the last trading period, the closing price was at $30.24.

According to B of A Securities, the prior rating for CommScope Holding Co Inc COMM was changed from Neutral to Underperform. CommScope Hldg Co earned $0.31 in the fourth quarter, compared to $0.59 in the year-ago quarter. The current stock performance of CommScope Hldg Co shows a 52-week-high of $22.18 and a 52-week-low of $6.67. Moreover, at the end of the last trading period, the closing price was at $8.39.

For MEI Pharma Inc MEIP, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. In the second quarter, MEI Pharma showed an EPS of $0.09, compared to $0.16 from the year-ago quarter. The current stock performance of MEI Pharma shows a 52-week-high of $3.91 and a 52-week-low of $1.68. Moreover, at the end of the last trading period, the closing price was at $1.81.

According to Stifel, the prior rating for MEI Pharma Inc MEIP was changed from Buy to Hold. For the second quarter, MEI Pharma had an EPS of $0.09, compared to year-ago quarter EPS of $0.16. The current stock performance of MEI Pharma shows a 52-week-high of $3.91 and a 52-week-low of $1.68. Moreover, at the end of the last trading period, the closing price was at $1.81.

According to Jefferies, the prior rating for The Honest Co Inc HNST was changed from Buy to Hold. In the fourth quarter, Honest Co showed an EPS of $0.10, compared to $0.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.88 and a 52-week-low of $5.01. Honest Co closed at $6.04 at the end of the last trading period.

For ORIC Pharmaceuticals Inc ORIC, HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. For the fourth quarter, ORIC Pharmaceuticals had an EPS of $0.58, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $26.70 and a 52-week-low of $3.94. ORIC Pharmaceuticals closed at $4.92 at the end of the last trading period.

Credit Suisse downgraded the previous rating for Prudential Financial Inc PRU from Outperform to Neutral. Prudential Financial earned $3.18 in the fourth quarter, compared to $2.93 in the year-ago quarter. At the moment, the stock has a 52-week-high of $124.22 and a 52-week-low of $87.84. Prudential Financial closed at $119.16 at the end of the last trading period.

RBC Capital downgraded the previous rating for Axalta Coating Systems Ltd AXTA from Outperform to Sector Perform. In the fourth quarter, Axalta Coating Sys showed an EPS of $0.30, compared to $0.58 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.20 and a 52-week-low of $21.67. Axalta Coating Sys closed at $24.52 at the end of the last trading period.

According to Jefferies, the prior rating for MEI Pharma Inc MEIP was changed from Buy to Hold. In the second quarter, MEI Pharma showed an EPS of $0.09, compared to $0.16 from the year-ago quarter. The current stock performance of MEI Pharma shows a 52-week-high of $3.91 and a 52-week-low of $1.68. Moreover, at the end of the last trading period, the closing price was at $1.81.

See all analyst ratings downgrades.

Initiations

Canaccord Genuity initiated coverage on HIVE Blockchain Technologies Ltd HIVE with a Buy rating. The price target for HIVE Blockchain is set to $2.80. At the moment, the stock has a 52-week-high of $5.60 and a 52-week-low of $1.50. HIVE Blockchain closed at $2.17 at the end of the last trading period.

Benchmark initiated coverage on Modular Medical Inc MODD with a Speculative Buy rating. The price target for Modular Medical is set to $8.00. At the moment, the stock has a 52-week-high of $15.00 and a 52-week-low of $1.80. Modular Medical closed at $4.00 at the end of the last trading period.

With an Underweight rating, Wells Fargo initiated coverage on REE Automotive Ltd REE. The price target seems to have been set at $1.00 for REE Automotive. The stock has a 52-week-high of $7.49 and a 52-week-low of $1.75. At the end of the last trading period, REE Automotive closed at $2.20.

RBC Capital initiated coverage on APi Group Corp APG with a Sector Perform rating. The price target for APi Gr is set to $24.00. For the fourth quarter, APi Gr had an EPS of $0.29, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $26.84 and a 52-week-low of $18.37. At the end of the last trading period, APi Gr closed at $21.23.

With an Outperform rating, RBC Capital initiated coverage on Intuitive Surgical Inc ISRG. The price target seems to have been set at $340.00 for Intuitive Surgical. For the fourth quarter, Intuitive Surgical had an EPS of $1.30, compared to year-ago quarter EPS of $1.19. 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 $281.08.

With a Sell rating, Daiwa Capital initiated coverage on Ansys Inc ANSS. The price target seems to have been set at $253.00 for Ansys. For the fourth quarter, Ansys had an EPS of $2.81, compared to year-ago quarter EPS of $2.96. At the moment, the stock has a 52-week-high of $413.89 and a 52-week-low of $258.00. Ansys closed at $310.96 at the end of the last trading period.

With a Buy rating, B. Riley Securities initiated coverage on TeraWulf Inc WULF. The price target seems to have been set at $24.00 for TeraWulf. TeraWulf earned $0.43 in the third quarter, compared to $0.14 in the year-ago quarter. The current stock performance of TeraWulf shows a 52-week-high of $35.00 and a 52-week-low of $4.03. Moreover, at the end of the last trading period, the closing price was at $9.28.

Truist Securities initiated coverage on Amcor PLC AMCR with a Hold rating. The price target for Amcor is set to $12.00. Amcor earned $0.18 in the second quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.92 and a 52-week-low of $10.66. Amcor closed at $11.28 at the end of the last trading period.

With a Buy rating, Truist Securities initiated coverage on Avery Dennison Corp AVY. The price target seems to have been set at $227.00 for Avery Dennison. For the fourth quarter, Avery Dennison had an EPS of $2.13, compared to year-ago quarter EPS of $2.27. The stock has a 52-week-high of $229.24 and a 52-week-low of $156.51. At the end of the last trading period, Avery Dennison closed at $166.82.

See all analyst ratings initiations.