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

Upgrades

RBC Capital upgraded the previous rating for United States Steel Corp X from Sector Perform to Outperform. United States Steel earned $3.64 in the fourth quarter, compared to $0.27 in the year-ago quarter. The current stock performance of United States Steel shows a 52-week-high of $39.25 and a 52-week-low of $17.98. Moreover, at the end of the last trading period, the closing price was at $33.59.
According to Truist Securities, the prior rating for AutoNation Inc AN was changed from Hold to Buy. AutoNation earned $5.78 in the first quarter, compared to $2.79 in the year-ago quarter. At the moment, the stock has a 52-week-high of $133.48 and a 52-week-low of $88.32. AutoNation closed at $106.37 at the end of the last trading period.
For Penn National Gaming Inc PENN, Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. Penn National Gaming earned $0.26 in the fourth quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Penn National Gaming shows a 52-week-high of $96.24 and a 52-week-low of $35.70. Moreover, at the end of the last trading period, the closing price was at $36.55.
Guggenheim upgraded the previous rating for Gap Inc GPS from Neutral to Buy. For the fourth quarter, Gap had an EPS of $0.02, compared to year-ago quarter EPS of $0.28. The stock has a 52-week-high of $37.63 and a 52-week-low of $11.07. At the end of the last trading period, Gap closed at $11.72.
For Waters Corp WAT, Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. In the fourth quarter, Waters showed an EPS of $3.67, compared to $3.65 from the year-ago quarter. The current stock performance of Waters shows a 52-week-high of $428.22 and a 52-week-low of $290.36. Moreover, at the end of the last trading period, the closing price was at $296.44.
Wells Fargo upgraded the previous rating for Mettler-Toledo International Inc MTD from Equal-Weight to Overweight. For the fourth quarter, Mettler-Toledo Intl had an EPS of $10.53, compared to year-ago quarter EPS of $9.26. The current stock performance of Mettler-Toledo Intl shows a 52-week-high of $1714.75 and a 52-week-low of $1225.56. Moreover, at the end of the last trading period, the closing price was at $1284.63.
For Marathon Oil Corp MRO, Susquehanna upgraded the previous rating of Neutral to Positive. Marathon Oil earned $0.77 in the fourth quarter, compared to $0.12 in the year-ago quarter. The current stock performance of Marathon Oil shows a 52-week-high of $27.97 and a 52-week-low of $10.21. Moreover, at the end of the last trading period, the closing price was at $25.00.
Stephens & Co. upgraded the previous rating for Huntington Bancshares Inc HBAN from Equal-Weight to Overweight. In the first quarter, Huntington Bancshares showed an EPS of $0.32, compared to $0.48 from the year-ago quarter. The current stock performance of Huntington Bancshares shows a 52-week-high of $17.79 and a 52-week-low of $13.01. Moreover, at the end of the last trading period, the closing price was at $13.76.
For Marvell Technology Inc MRVL, Raymond James upgraded the previous rating of Market Perform to Outperform. For the fourth quarter, Marvell Tech had an EPS of $0.50, compared to year-ago quarter EPS of $0.29. The stock has a 52-week-high of $93.85 and a 52-week-low of $40.79. At the end of the last trading period, Marvell Tech closed at $58.44.
According to Raymond James, the prior rating for Advanced Micro Devices Inc AMD was changed from Outperform to Strong Buy. Advanced Micro Devices earned $0.92 in the fourth quarter, compared to $0.52 in the year-ago quarter. The stock has a 52-week-high of $164.46 and a 52-week-low of $72.50. At the end of the last trading period, Advanced Micro Devices closed at $88.14.
For Biomarin Pharmaceutical Inc BMRN, Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. In the fourth quarter, Biomarin Pharmaceutical showed an EPS of $0.32, compared to $0.12 from the year-ago quarter. The current stock performance of Biomarin Pharmaceutical shows a 52-week-high of $94.20 and a 52-week-low of $71.59. Moreover, at the end of the last trading period, the closing price was at $80.50.

See all analyst ratings upgrades.

Downgrades

For Boyd Gaming Corp BYD, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the fourth quarter, Boyd Gaming showed an EPS of $1.35, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $72.72 and a 52-week-low of $50.38. At the end of the last trading period, Boyd Gaming closed at $62.80.
Goldman Sachs downgraded the previous rating for ThredUp Inc TDUP from Buy to Neutral. At the moment, the stock has a 52-week-high of $31.86 and a 52-week-low of $5.75. ThredUp closed at $7.34 at the end of the last trading period.
For SunPower Corp SPWR, GLJ Research downgraded the previous rating of Hold to Sell. For the fourth quarter, SunPower had an EPS of $0.07, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $34.61 and a 52-week-low of $14.00. At the end of the last trading period, SunPower closed at $17.91.
Redburn Partners downgraded the previous rating for Warner Music Group Corp WMG from Neutral to Sell. Warner Music Group earned $0.43 in the first quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.23 and a 52-week-low of $29.34. Warner Music Group closed at $31.34 at the end of the last trading period.
According to Wells Fargo, the prior rating for Thermo Fisher Scientific Inc TMO was changed from Equal-Weight to Underweight. In the fourth quarter, Thermo Fisher Scientific showed an EPS of $6.54, compared to $7.09 from the year-ago quarter. The current stock performance of Thermo Fisher Scientific shows a 52-week-high of $672.34 and a 52-week-low of $438.72. Moreover, at the end of the last trading period, the closing price was at $561.28.
According to Wells Fargo, the prior rating for Hologic Inc HOLX was changed from Overweight to Equal-Weight. In the first quarter, Hologic showed an EPS of $2.17, compared to $2.86 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.04 and a 52-week-low of $60.10. Hologic closed at $73.93 at the end of the last trading period.
Wells Fargo downgraded the previous rating for Danaher Corp DHR from Overweight to Equal-Weight. For the first quarter, Danaher had an EPS of $2.76, compared to year-ago quarter EPS of $2.52. At the moment, the stock has a 52-week-high of $333.96 and a 52-week-low of $238.32. Danaher closed at $264.56 at the end of the last trading period.
Wells Fargo downgraded the previous rating for Bio-Techne Corp TECH from Equal-Weight to Underweight. Bio-Techne earned $1.88 in the second quarter, compared to $1.62 in the year-ago quarter. The stock has a 52-week-high of $543.85 and a 52-week-low of $347.88. At the end of the last trading period, Bio-Techne closed at $402.99.
Wells Fargo downgraded the previous rating for Agilent Technologies Inc A from Overweight to Equal-Weight. Agilent Technologies earned $1.21 in the first quarter, compared to $1.06 in the year-ago quarter. The current stock performance of Agilent Technologies shows a 52-week-high of $179.57 and a 52-week-low of $121.15. Moreover, at the end of the last trading period, the closing price was at $121.32.
According to Wells Fargo, the prior rating for IQVIA Holdings Inc IQV was changed from Overweight to Equal-Weight. In the fourth quarter, IQVIA Hldgs showed an EPS of $2.55, compared to $2.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $285.61 and a 52-week-low of $208.61. IQVIA Hldgs closed at $228.16 at the end of the last trading period.
According to Deutsche Bank, the prior rating for LHC Group Inc LHCG was changed from Buy to Hold. For the fourth quarter, LHC Group had an EPS of $1.26, compared to year-ago quarter EPS of $1.40. At the moment, the stock has a 52-week-high of $223.63 and a 52-week-low of $108.42. LHC Group closed at $167.03 at the end of the last trading period.
For Coterra Energy Inc CTRA, Susquehanna downgraded the previous rating of Positive to Neutral. The current stock performance of Coterra Energy shows a 52-week-high of $31.42 and a 52-week-low of $14.28. Moreover, at the end of the last trading period, the closing price was at $28.96.
B of A Securities downgraded the previous rating for Avalara Inc AVLR from Buy to Neutral. For the fourth quarter, Avalara had an EPS of $0.06, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $191.67 and a 52-week-low of $74.28. At the end of the last trading period, Avalara closed at $84.41.
B of A Securities downgraded the previous rating for Deere & Co DE from Buy to Neutral. Deere earned $2.92 in the first quarter, compared to $3.87 in the year-ago quarter. The stock has a 52-week-high of $446.76 and a 52-week-low of $320.50. At the end of the last trading period, Deere closed at $403.57.
For Overstock.com Inc OSTK, B of A Securities downgraded the previous rating of Buy to Neutral. For the fourth quarter, Overstock.com had an EPS of $0.36, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $111.28 and a 52-week-low of $33.51. At the end of the last trading period, Overstock.com closed at $33.69.
According to Deutsche Bank, the prior rating for Kellogg Co K was changed from Buy to Hold. In the fourth quarter, Kellogg showed an EPS of $0.83, compared to $0.86 from the year-ago quarter. The current stock performance of Kellogg shows a 52-week-high of $70.21 and a 52-week-low of $59.54. Moreover, at the end of the last trading period, the closing price was at $69.33.
According to Jefferies, the prior rating for Charles River Laboratories International Inc CRL was changed from Buy to Hold. Charles River earned $2.49 in the fourth quarter, compared to $2.39 in the year-ago quarter. The stock has a 52-week-high of $460.21 and a 52-week-low of $251.30. At the end of the last trading period, Charles River closed at $273.03.
For The AZEK Co Inc AZEK, Loop Capital downgraded the previous rating of Buy to Hold. AZEK Co earned $0.18 in the first quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $51.32 and a 52-week-low of $21.04. AZEK Co closed at $22.84 at the end of the last trading period.
According to Loop Capital, the prior rating for Trex Co Inc TREX was changed from Buy to Hold. In the fourth quarter, Trex Co showed an EPS of $0.55, compared to $0.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $140.98 and a 52-week-low of $60.47. Trex Co closed at $60.58 at the end of the last trading period.
For Newmont Corp NEM, Bernstein downgraded the previous rating of Outperform to Market Perform. In the first quarter, Newmont showed an EPS of $0.69, compared to $0.74 from the year-ago quarter. At the moment, the stock has a 52-week-high of $86.37 and a 52-week-low of $52.60. Newmont closed at $74.52 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Alnylam Pharmaceuticals Inc ALNY was changed from Overweight to Equal-Weight. In the fourth quarter, Alnylam Pharmaceuticals showed an EPS of $1.69, compared to $1.60 from the year-ago quarter. At the moment, the stock has a 52-week-high of $212.00 and a 52-week-low of $125.00. Alnylam Pharmaceuticals closed at $167.00 at the end of the last trading period.
Goldman Sachs downgraded the previous rating for Verizon Communications Inc VZ from Buy to Neutral. Verizon Communications earned $1.35 in the first quarter, compared to $1.31 in the year-ago quarter. The current stock performance of Verizon Communications shows a 52-week-high of $59.85 and a 52-week-low of $49.69. Moreover, at the end of the last trading period, the closing price was at $51.91.
National Bank Of Canada downgraded the previous rating for National Energy Services Reunited Corp NESR from Outperform to Sector Perform. National Energy Services earned $0.08 in the third quarter, compared to $0.16 in the year-ago quarter. The current stock performance of National Energy Services shows a 52-week-high of $15.95 and a 52-week-low of $7.33. Moreover, at the end of the last trading period, the closing price was at $7.42.
For Squarespace Inc SQSP, Piper Sandler downgraded the previous rating of Overweight to Neutral. The stock has a 52-week-high of $64.71 and a 52-week-low of $18.57. At the end of the last trading period, Squarespace closed at $20.87.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Craig-Hallum initiated coverage on Identiv Inc INVE. The price target seems to have been set at $20.00 for Identiv. Identiv earned $0.02 in the fourth quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Identiv shows a 52-week-high of $29.00 and a 52-week-low of $12.36. Moreover, at the end of the last trading period, the closing price was at $12.53.
Stephens & Co. initiated coverage on FuboTV Inc FUBO with a Equal-Weight rating. The price target for FuboTV is set to $6.00. For the fourth quarter, FuboTV had an EPS of $0.57, compared to year-ago quarter EPS of $2.47. The stock has a 52-week-high of $35.10 and a 52-week-low of $4.38. At the end of the last trading period, FuboTV closed at $4.55.
Stephens & Co. initiated coverage on Natera Inc NTRA with an Overweight rating. The price target for Natera is set to $54.00. Natera earned $1.48 in the fourth quarter, compared to $0.89 in the year-ago quarter. At the moment, the stock has a 52-week-high of $129.09 and a 52-week-low of $26.10. Natera closed at $36.29 at the end of the last trading period.
With an Overweight rating, Stephens & Co. initiated coverage on CareDx Inc CDNA. The price target seems to have been set at $50.00 for CareDx. For the fourth quarter, CareDx had an EPS of $0.03, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $96.88 and a 52-week-low of $27.87. CareDx closed at $30.57 at the end of the last trading period.
William Blair initiated coverage on Elastic NV ESTC with an Outperform rating. Elastic earned $0.12 in the third quarter, compared to $0.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $189.84 and a 52-week-low of $66.39. Elastic closed at $79.50 at the end of the last trading period.
Morgan Stanley initiated coverage on DoorDash Inc DASH with a Equal-Weight rating. The price target for DoorDash is set to $100.00. For the fourth quarter, DoorDash had an EPS of $0.45, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $257.25 and a 52-week-low of $74.32. DoorDash closed at $89.00 at the end of the last trading period.
EF Hutton initiated coverage on Splash Beverage Group Inc SBEV with a Buy rating. The price target for Splash Beverage Group is set to $5.00. The stock has a 52-week-high of $5.60 and a 52-week-low of $0.99. At the end of the last trading period, Splash Beverage Group closed at $2.46.
With a Equal-Weight rating, Wells Fargo initiated coverage on Tyler Technologies Inc TYL. The price target seems to have been set at $405.00 for Tyler Technologies. Tyler Technologies earned $1.75 in the fourth quarter, compared to $1.39 in the year-ago quarter. The stock has a 52-week-high of $557.55 and a 52-week-low of $384.38. At the end of the last trading period, Tyler Technologies closed at $385.40.
With a Market Perform rating, Cowen & Co. initiated coverage on Darling Ingredients Inc DAR. The price target seems to have been set at $80.00 for Darling Ingredients. In the fourth quarter, Darling Ingredients showed an EPS of $0.94, compared to $0.45 from the year-ago quarter. At the moment, the stock has a 52-week-high of $87.44 and a 52-week-low of $58.70. Darling Ingredients closed at $79.66 at the end of the last trading period.
With an Underperform rating, B of A Securities initiated coverage on Trex Co Inc TREX. The price target seems to have been set at $60.00 for Trex Co. Trex Co earned $0.55 in the fourth quarter, compared to $0.37 in the year-ago quarter. The current stock performance of Trex Co shows a 52-week-high of $140.98 and a 52-week-low of $60.47. Moreover, at the end of the last trading period, the closing price was at $60.58.
With a Hold rating, Jefferies initiated coverage on Dave Inc DAVE. The price target seems to have been set at $5.00 for Dave. Dave earned $0.15 in the fourth quarter, compared to $0.36 in the year-ago quarter. The current stock performance of Dave shows a 52-week-high of $15.35 and a 52-week-low of $3.95. Moreover, at the end of the last trading period, the closing price was at $4.43.
Wolfe Research initiated coverage on Snowflake Inc SNOW with an Outperform rating. The price target for Snowflake is set to $250.00. For the fourth quarter, Snowflake had an EPS of $0.12, compared to year-ago quarter EPS of $0.16. The current stock performance of Snowflake shows a 52-week-high of $405.00 and a 52-week-low of $164.29. Moreover, at the end of the last trading period, the closing price was at $173.80.
With an Outperform rating, BMO Capital initiated coverage on Expensify Inc EXFY. The price target seems to have been set at $25.00 for Expensify. At the moment, the stock has a 52-week-high of $51.06 and a 52-week-low of $15.10. Expensify closed at $16.10 at the end of the last trading period.