Benzinga's Top Ratings Upgrades, Downgrades For May 24, 2022

Upgrades

According to Morgan Stanley, the prior rating for Marqeta Inc (NASDAQ:MQ) was changed from Equal-Weight to Overweight. The stock has a 52-week-high of $37.90 and a 52-week-low of $6.05. At the end of the last trading period, Marqeta closed at $9.73.

For Snowflake Inc (NYSE:SNOW), Rosenblatt upgraded the previous rating of Neutral to Buy. For the fourth quarter, Snowflake had an EPS of $0.12, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $405.00 and a 52-week-low of $126.01. At the end of the last trading period, Snowflake closed at $138.85.

See all analyst ratings upgrades.

Downgrades

According to Stephens & Co., the prior rating for OncoCyte Corp (NASDAQ:OCX) was changed from Overweight to Equal-Weight. OncoCyte earned $0.11 in the first quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.25 and a 52-week-low of $1.07. OncoCyte closed at $1.08 at the end of the last trading period.

According to B. Riley Securities, the prior rating for INmune Bio Inc (NASDAQ:INMB) was changed from Buy to Neutral. INmune Bio earned $0.39 in the first quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $30.37 and a 52-week-low of $6.18. At the end of the last trading period, INmune Bio closed at $7.27.

According to Barclays, the prior rating for Eaton Corp PLC (NYSE:ETN) was changed from Equal-Weight to Underweight. Eaton Corp earned $1.62 in the first quarter, compared to $1.44 in the year-ago quarter. The stock has a 52-week-high of $175.72 and a 52-week-low of $132.16. At the end of the last trading period, Eaton Corp closed at $136.76.

For Nautilus Inc (NYSE:NLS), Craig-Hallum downgraded the previous rating of Buy to Hold. Nautilus earned $0.58 in the fourth quarter, compared to $0.94 in the year-ago quarter. The stock has a 52-week-high of $18.58 and a 52-week-low of $2.34. At the end of the last trading period, Nautilus closed at $2.51.

For Switch Inc (NYSE:SWCH), Berenberg downgraded the previous rating of Buy to Hold. Switch earned $0.04 in the first quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Switch shows a 52-week-high of $33.84 and a 52-week-low of $18.39. Moreover, at the end of the last trading period, the closing price was at $33.37.

See all analyst ratings downgrades.

Initiations

Citigroup initiated coverage on Unum Group (NYSE:UNM) with a Neutral rating. For the first quarter, Unum had an EPS of $1.36, compared to year-ago quarter EPS of $1.04. The stock has a 52-week-high of $36.73 and a 52-week-low of $22.25. At the end of the last trading period, Unum closed at $35.18.

With a Buy rating, Lake Street initiated coverage on Winc Inc (AMEX:WBEV). The price target seems to have been set at $6.00 for Winc. The stock has a 52-week-high of $8.66 and a 52-week-low of $2.01. At the end of the last trading period, Winc closed at $2.17.

DA Davidson initiated coverage on ITHAX Acquisition Corp (NASDAQ:ITHX) with a Buy rating. The price target for ITHAX Acquisition is set to $13.50. The stock has a 52-week-high of $10.30 and a 52-week-low of $9.60. At the end of the last trading period, ITHAX Acquisition closed at $9.80.

Guggenheim initiated coverage on HilleVax Inc (NASDAQ:HLVX) with a Buy rating. The price target for HilleVax is set to $40.00. The current stock performance of HilleVax shows a 52-week-high of $20.95 and a 52-week-low of $9.00. Moreover, at the end of the last trading period, the closing price was at $9.50.

SVB Leerink initiated coverage on HilleVax Inc (NASDAQ:HLVX) with an Outperform rating. The price target for HilleVax is set to $30.00. At the moment, the stock has a 52-week-high of $20.95 and a 52-week-low of $9.00. HilleVax closed at $9.50 at the end of the last trading period.

With an Overweight rating, JP Morgan initiated coverage on HilleVax Inc (NASDAQ:HLVX). The price target seems to have been set at $24.00 for HilleVax. The current stock performance of HilleVax shows a 52-week-high of $20.95 and a 52-week-low of $9.00. Moreover, at the end of the last trading period, the closing price was at $9.50.

With a Buy rating, Stifel initiated coverage on HilleVax Inc (NASDAQ:HLVX). The price target seems to have been set at $34.00 for HilleVax. At the moment, the stock has a 52-week-high of $20.95 and a 52-week-low of $9.00. HilleVax closed at $9.50 at the end of the last trading period.

With a Buy rating, HC Wainwright & Co. initiated coverage on Tanzanian Gold Corp (AMEX:TRX). The price target seems to have been set at $0.70 for Tanzanian Gold. The current stock performance of Tanzanian Gold shows a 52-week-high of $0.60 and a 52-week-low of $0.26. Moreover, at the end of the last trading period, the closing price was at $0.32.

Citigroup initiated coverage on Chubb Ltd (NYSE:CB) with a Neutral rating. The price target for Chubb is set to $209.00. Chubb earned $3.82 in the first quarter, compared to $2.52 in the year-ago quarter. The stock has a 52-week-high of $218.99 and a 52-week-low of $155.78. At the end of the last trading period, Chubb closed at $207.31.

Citigroup initiated coverage on Aflac Inc (NYSE:AFL) with a Neutral rating. The price target for Aflac is set to $60.00. For the first quarter, Aflac had an EPS of $1.42, compared to year-ago quarter EPS of $1.53. At the moment, the stock has a 52-week-high of $67.20 and a 52-week-low of $51.28. Aflac closed at $56.53 at the end of the last trading period.

With a Buy rating, Rosenblatt initiated coverage on Imax Corp (NYSE:IMAX). The price target seems to have been set at $25.00 for Imax. Imax earned $0.14 in the first quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $23.57 and a 52-week-low of $13.60. At the end of the last trading period, Imax closed at $15.68.

Guggenheim initiated coverage on Medpace Holdings Inc (NASDAQ:MEDP) with a Neutral rating. Medpace Hldgs earned $1.69 in the first quarter, compared to $1.14 in the year-ago quarter. The stock has a 52-week-high of $231.00 and a 52-week-low of $126.94. At the end of the last trading period, Medpace Hldgs closed at $133.72.

Bernstein initiated coverage on Wayfair Inc (NYSE:W) with an Underperform rating. The price target for Wayfair is set to $45.00. In the first quarter, Wayfair showed an EPS of $1.96, compared to $1.00 from the year-ago quarter. The stock has a 52-week-high of $339.56 and a 52-week-low of $46.66. At the end of the last trading period, Wayfair closed at $50.22.

See all analyst ratings initiations.

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