Benzinga's Top Ratings Upgrades, Downgrades For March 9, 2021

 

Upgrades

  • ScotiaBank upgraded the previous rating for Primo Water Corp PRMW from Sector Perform to Outperform. Primo Water earned $0.14 in the fourth quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $17.85 and a 52-week-low of $6.33. At the end of the last trading period, Primo Water closed at $15.42.
  • B of A Securities upgraded the previous rating for FirstEnergy Corp FE from Neutral to Buy. FirstEnergy earned $0.32 in the fourth quarter, compared to $0.55 in the year-ago quarter. The current stock performance of FirstEnergy shows a 52-week-high of $46.69 and a 52-week-low of $22.85. Moreover, at the end of the last trading period, the closing price was at $33.36.
  • According to Argus Research, the prior rating for BHP Group Ltd BHP was changed from Hold to Buy. At the moment, the stock has a 52-week-high of $81.82 and a 52-week-low of $29.78. BHP Group closed at $75.79 at the end of the last trading period.
  • DA Davidson upgraded the previous rating for NeoPhotonics Corp NPTN from Neutral to Buy. In the fourth quarter, NeoPhotonics showed an EPS of $0.14, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $14.14 and a 52-week-low of $4.65. NeoPhotonics closed at $8.43 at the end of the last trading period.
  • According to Benchmark, the prior rating for Shift Technologies Inc SFT was changed from Hold to Buy. Interestingly, in the fourth quarter, Shift Technologies's EPS was $0.07. The stock has a 52-week-high of $12.34 and a 52-week-low of $6.40. At the end of the last trading period, Shift Technologies closed at $7.68.
  • New Street upgraded the previous rating for Tesla Inc TSLA from Neutral to Buy. Tesla earned $0.80 in the fourth quarter, compared to $0.41 in the year-ago quarter. The current stock performance of Tesla shows a 52-week-high of $900.40 and a 52-week-low of $70.10. Moreover, at the end of the last trading period, the closing price was at $563.00.
  • According to Goldman Sachs, the prior rating for Nomura Holdings Inc NMR was changed from Neutral to Buy. In the third quarter, Nomura Holdings showed an EPS of $0.30, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $6.31 and a 52-week-low of $3.55. At the end of the last trading period, Nomura Holdings closed at $6.20.
  • Johnson Rice upgraded the previous rating for Southwestern Energy Co SWN from Hold to Buy. Southwestern Energy earned $0.18 in the fourth quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Southwestern Energy shows a 52-week-high of $4.69 and a 52-week-low of $1.06. Moreover, at the end of the last trading period, the closing price was at $3.78.
  • For XPeng Inc XPEV, Daiwa Capital upgraded the previous rating of Sell to Buy. In the fourth quarter, XPeng earned $0.15. The stock has a 52-week-high of $74.49 and a 52-week-low of $17.11. At the end of the last trading period, XPeng closed at $26.92.
  • For Extended Stay America Inc STAY, Baird upgraded the previous rating of Neutral to Outperform. In the fourth quarter, Extended Stay America showed an EPS of $0.16, compared to $0.14 from the year-ago quarter. The stock has a 52-week-high of $17.01 and a 52-week-low of $5.35. At the end of the last trading period, Extended Stay America closed at $16.79.
  • For Whiting Petroleum Corp WLL, Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. For the fourth quarter, Whiting Petroleum had an EPS of $1.46, compared to year-ago quarter EPS of $0.22. The current stock performance of Whiting Petroleum shows a 52-week-high of $38.82 and a 52-week-low of $0.25. Moreover, at the end of the last trading period, the closing price was at $33.70.
  • According to Wells Fargo, the prior rating for Antero Resources Corp AR was changed from Underweight to Equal-Weight. Antero Resources earned $0.03 in the fourth quarter, compared to $0.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $10.30 and a 52-week-low of $0.64. Antero Resources closed at $9.72 at the end of the last trading period.
  • According to Stifel, the prior rating for Camtek Ltd CAMT was changed from Hold to Buy. For the fourth quarter, Camtek had an EPS of $0.21, compared to year-ago quarter EPS of $0.14. The current stock performance of Camtek shows a 52-week-high of $30.39 and a 52-week-low of $6.26. Moreover, at the end of the last trading period, the closing price was at $25.39.
  • For Devon Energy Corp DVN, Johnson Rice upgraded the previous rating of Accumulate to Buy. In the fourth quarter, Devon Energy showed an EPS of $0.01, compared to $0.36 from the year-ago quarter. The current stock performance of Devon Energy shows a 52-week-high of $26.13 and a 52-week-low of $4.70. Moreover, at the end of the last trading period, the closing price was at $24.53.
  • According to Johnson Rice, the prior rating for Callon Petroleum Co CPE was changed from Hold to Accumulate. For the fourth quarter, Callon Petroleum had an EPS of $1.00, compared to year-ago quarter EPS of $0.23. At the moment, the stock has a 52-week-high of $40.98 and a 52-week-low of $0.38. Callon Petroleum closed at $36.90 at the end of the last trading period.
  • According to Deutsche Bank, the prior rating for Pure Storage Inc PSTG was changed from Hold to Buy. Pure Storage earned $0.13 in the fourth quarter, compared to $0.23 in the year-ago quarter. The stock has a 52-week-high of $29.53 and a 52-week-low of $7.93. At the end of the last trading period, Pure Storage closed at $19.37.

See all analyst ratings upgrades.

 

Downgrades

  • Citigroup downgraded the previous rating for ACADIA Pharmaceuticals Inc ACAD from Buy to Neutral. ACADIA Pharmaceuticals earned $0.42 in the fourth quarter, compared to $0.34 in the year-ago quarter. The current stock performance of ACADIA Pharmaceuticals shows a 52-week-high of $58.72 and a 52-week-low of $30.02. Moreover, at the end of the last trading period, the closing price was at $45.78.
  • According to Wolfe Research, the prior rating for PPL Corp PPL was changed from Outperform to Peer Perform. In the fourth quarter, PPL showed an EPS of $0.59, compared to $0.57 from the year-ago quarter. The current stock performance of PPL shows a 52-week-high of $31.71 and a 52-week-low of $18.12. Moreover, at the end of the last trading period, the closing price was at $28.35.
  • For TriState Capital Holdings Inc TSC, Wedbush downgraded the previous rating of Outperform to Neutral. In the fourth quarter, TriState Capital Holdings showed an EPS of $0.37, compared to $0.47 from the year-ago quarter. At the moment, the stock has a 52-week-high of $26.22 and a 52-week-low of $7.59. TriState Capital Holdings closed at $25.94 at the end of the last trading period.
  • UBS downgraded the previous rating for NuStar Energy LP NS from Buy to Neutral. In the fourth quarter, NuStar Energy showed an EPS of $0.13, compared to $0.40 from the year-ago quarter. The current stock performance of NuStar Energy shows a 52-week-high of $20.74 and a 52-week-low of $4.98. Moreover, at the end of the last trading period, the closing price was at $19.84.
  • For AnaptysBio Inc ANAB, Wedbush downgraded the previous rating of Outperform to Neutral. For the fourth quarter, AnaptysBio had an EPS of $1.20, compared to year-ago quarter EPS of $0.75. The current stock performance of AnaptysBio shows a 52-week-high of $35.85 and a 52-week-low of $12.06. Moreover, at the end of the last trading period, the closing price was at $19.51.
  • According to Bernstein, the prior rating for Kinder Morgan Inc KMI was changed from Outperform to Market Perform. Kinder Morgan earned $0.27 in the fourth quarter, compared to $0.26 in the year-ago quarter. The stock has a 52-week-high of $19.44 and a 52-week-low of $9.42. At the end of the last trading period, Kinder Morgan closed at $16.21.
  • According to Goldman Sachs, the prior rating for Tanger Factory Outlet Centers Inc SKT was changed from Neutral to Sell. In the fourth quarter, Tanger Factory Outlet showed an EPS of $0.54, compared to $0.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.40 and a 52-week-low of $4.05. Tanger Factory Outlet closed at $17.13 at the end of the last trading period.
  • B of A Securities downgraded the previous rating for Atmos Energy Corp ATO from Buy to Neutral. In the first quarter, Atmos Energy showed an EPS of $1.71, compared to $1.47 from the year-ago quarter. At the moment, the stock has a 52-week-high of $111.67 and a 52-week-low of $77.92. Atmos Energy closed at $91.52 at the end of the last trading period.
  • For ONE Gas Inc OGS, B of A Securities downgraded the previous rating of Neutral to Underperform. For the fourth quarter, ONE Gas had an EPS of $1.09, compared to year-ago quarter EPS of $0.96. The stock has a 52-week-high of $92.00 and a 52-week-low of $63.67. At the end of the last trading period, ONE Gas closed at $75.08.
  • For ACADIA Pharmaceuticals Inc ACAD, Raymond James downgraded the previous rating of Strong Buy to Outperform. In the fourth quarter, ACADIA Pharmaceuticals showed an EPS of $0.42, compared to $0.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $58.72 and a 52-week-low of $30.02. ACADIA Pharmaceuticals closed at $45.78 at the end of the last trading period.
  • For Five Prime Therapeutics Inc FPRX, Guggenheim downgraded the previous rating of Buy to Neutral. In the third quarter, Five Prime Therapeutics showed an EPS of $0.74, compared to $1.03 from the year-ago quarter. The stock has a 52-week-high of $38.18 and a 52-week-low of $1.75. At the end of the last trading period, Five Prime Therapeutics closed at $37.76.
  • For Bloomin Brands Inc BLMN, Deutsche Bank downgraded the previous rating of Buy to Hold. For the fourth quarter, Bloomin Brands had an EPS of $0.02, compared to year-ago quarter EPS of $0.32. The current stock performance of Bloomin Brands shows a 52-week-high of $27.97 and a 52-week-low of $4.54. Moreover, at the end of the last trading period, the closing price was at $27.21.
  • Piper Sandler downgraded the previous rating for Cactus Inc WHD from Overweight to Neutral. Cactus earned $0.08 in the fourth quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $39.07 and a 52-week-low of $8.16. At the end of the last trading period, Cactus closed at $38.67.
  • Johnson Rice downgraded the previous rating for EOG Resources Inc EOG from Buy to Accumulate. For the fourth quarter, EOG Resources had an EPS of $0.71, compared to year-ago quarter EPS of $1.35. At the moment, the stock has a 52-week-high of $75.80 and a 52-week-low of $27.00. EOG Resources closed at $74.48 at the end of the last trading period.
  • For Cabot Oil & Gas Corp COG, Johnson Rice downgraded the previous rating of Buy to Hold. For the fourth quarter, Cabot Oil & Gas had an EPS of $0.26, compared to year-ago quarter EPS of $0.30. The current stock performance of Cabot Oil & Gas shows a 52-week-high of $22.67 and a 52-week-low of $13.16. Moreover, at the end of the last trading period, the closing price was at $19.10.
  • Johnson Rice downgraded the previous rating for Pioneer Natural Resources Co PXD from Buy to Hold. Pioneer Natural Resources earned $1.07 in the fourth quarter, compared to $2.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $165.57 and a 52-week-low of $48.62. Pioneer Natural Resources closed at $161.97 at the end of the last trading period.
  • According to Wells Fargo, the prior rating for OGE Energy Corp OGE was changed from Overweight to Equal-Weight. OGE Energy earned $0.27 in the fourth quarter, compared to $0.18 in the year-ago quarter. The current stock performance of OGE Energy shows a 52-week-high of $37.88 and a 52-week-low of $23.00. Moreover, at the end of the last trading period, the closing price was at $32.05.
  • Wells Fargo downgraded the previous rating for Athene Holding Ltd ATH from Overweight to Equal-Weight. In the fourth quarter, Athene Holding showed an EPS of $2.85, compared to $1.97 from the year-ago quarter. The current stock performance of Athene Holding shows a 52-week-high of $55.39 and a 52-week-low of $13.37. Moreover, at the end of the last trading period, the closing price was at $51.82.
  • According to Morgan Stanley, the prior rating for Evertec Inc EVTC was changed from Equal-Weight to Underweight. In the fourth quarter, Evertec showed an EPS of $0.59, compared to $0.48 from the year-ago quarter. The stock has a 52-week-high of $42.35 and a 52-week-low of $18.21. At the end of the last trading period, Evertec closed at $37.60.
  • According to Deutsche Bank, the prior rating for Stitch Fix Inc SFIX was changed from Buy to Hold. For the second quarter, Stitch Fix had an EPS of $0.20, compared to year-ago quarter EPS of $0.11. The current stock performance of Stitch Fix shows a 52-week-high of $113.76 and a 52-week-low of $10.90. Moreover, at the end of the last trading period, the closing price was at $68.52.
  • For Range Resources Corp RRC, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Range Resources earned $0.02 in the fourth quarter, compared to $0.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.60 and a 52-week-low of $1.61. Range Resources closed at $10.18 at the end of the last trading period.
  • For SM Energy Co SM, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. SM Energy earned $0.02 in the fourth quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $19.29 and a 52-week-low of $0.90. At the end of the last trading period, SM Energy closed at $16.41.
  • Wells Fargo downgraded the previous rating for Oasis Petroleum Inc OAS from Equal-Weight to Underweight. For the fourth quarter, Oasis Petroleum had an EPS of No EPS Value , compared to year-ago quarter EPS of $0.02. The current stock performance of Oasis Petroleum shows a 52-week-high of $61.17 and a 52-week-low of $0.15. Moreover, at the end of the last trading period, the closing price was at $59.27.
  • Wells Fargo downgraded the previous rating for Matador Resources Co MTDR from Overweight to Equal-Weight. Matador Resources earned $0.27 in the fourth quarter, compared to $0.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.43 and a 52-week-low of $1.11. Matador Resources closed at $25.18 at the end of the last trading period.

See all analyst ratings downgrades.

 

Initiations

  • With a Buy rating, Citigroup initiated coverage on The Home Depot Inc HD. The price target seems to have been set at $288.00 for Home Depot. Home Depot earned $2.74 in the fourth quarter, compared to $2.28 in the year-ago quarter. The stock has a 52-week-high of $292.95 and a 52-week-low of $140.63. At the end of the last trading period, Home Depot closed at $259.39.
  • With a Neutral rating, Citigroup initiated coverage on Chewy Inc CHWY. The price target seems to have been set at $95.00 for Chewy. For the third quarter, Chewy had an EPS of $0.08, compared to year-ago quarter EPS of $0.20. The stock has a 52-week-high of $120.00 and a 52-week-low of $20.62. At the end of the last trading period, Chewy closed at $76.26.
  • Jefferies initiated coverage on loanDepot Inc LDI with a Buy rating. The price target for loanDepot is set to $33.00. The current stock performance of loanDepot shows a 52-week-high of $39.85 and a 52-week-low of $14.00. Moreover, at the end of the last trading period, the closing price was at $19.14.
  • Canaccord Genuity initiated coverage on Delcath Systems Inc DCTH with a Buy rating. The price target for Delcath Systems is set to $24.00. In the third quarter, Delcath Systems showed an EPS of $1.16, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $25.18 and a 52-week-low of $6.06. Delcath Systems closed at $17.65 at the end of the last trading period.
  • Jefferies initiated coverage on Rada Electronics Industries Ltd RADA with a Buy rating. The price target for Rada Electronics Industri is set to $16.00. In the fourth quarter, Rada Electronics Industri showed an EPS of $0.06, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $14.80 and a 52-week-low of $2.05. Rada Electronics Industri closed at $11.81 at the end of the last trading period.
  • Truist Securities initiated coverage on DHT Holdings Inc DHT with a Buy rating. The price target for DHT Holdings is set to $15.00. DHT Holdings earned $0.04 in the fourth quarter, compared to $0.47 in the year-ago quarter. The current stock performance of DHT Holdings shows a 52-week-high of $8.68 and a 52-week-low of $4.52. Moreover, at the end of the last trading period, the closing price was at $5.71.
  • JMP Securities initiated coverage on loanDepot Inc LDI with an Outperform rating. The price target for loanDepot is set to $25.00. The stock has a 52-week-high of $39.85 and a 52-week-low of $14.00. At the end of the last trading period, loanDepot closed at $19.14.
  • JP Morgan initiated coverage on Talis Biomedical Corp TLIS with an Overweight rating. The price target for Talis Biomedical is set to $18.00. The current stock performance of Talis Biomedical shows a 52-week-high of $33.90 and a 52-week-low of $12.60. Moreover, at the end of the last trading period, the closing price was at $12.85.
  • Cowen & Co. initiated coverage on Romeo Power Inc RMO with an Outperform rating. The price target for Romeo Power is set to $18.00. The stock has a 52-week-high of $32.73 and a 52-week-low of $8.42. At the end of the last trading period, Romeo Power closed at $9.38.
  • Cowen & Co. initiated coverage on QuantumScape Corp QS with an Outperform rating. The price target for QuantumScape is set to $57.00. Interestingly, in the fourth quarter, QuantumScape's EPS was $2.41. At the moment, the stock has a 52-week-high of $132.73 and a 52-week-low of $28.63. QuantumScape closed at $46.91 at the end of the last trading period.
  • Cowen & Co. initiated coverage on Beam Global BEEM with a Market Perform rating. The price target for Beam Global is set to $33.00. For the third quarter, Beam Global had an EPS of $0.17, compared to year-ago quarter EPS of $0.12. The current stock performance of Beam Global shows a 52-week-high of $75.90 and a 52-week-low of $10.53. Moreover, at the end of the last trading period, the closing price was at $32.64.
  • With an Outperform rating, Cowen & Co. initiated coverage on ChargePoint Holdings Inc CHPT. The price target seems to have been set at $43.00 for ChargePoint Holdings. At the moment, the stock has a 52-week-high of $33.35 and a 52-week-low of $19.50. ChargePoint Holdings closed at $25.58 at the end of the last trading period.
  • Cowen & Co. initiated coverage on Blink Charging Co BLNK with an Outperform rating. The price target for Blink Charging is set to $38.00. For the third quarter, Blink Charging had an EPS of $0.12, compared to year-ago quarter EPS of $0.10. The current stock performance of Blink Charging shows a 52-week-high of $64.50 and a 52-week-low of $1.25. Moreover, at the end of the last trading period, the closing price was at $28.62.
  • BMO Capital initiated coverage on Decibel Therapeutics Inc DBTX with an Outperform rating. The price target for Decibel Therapeutics is set to $30.00. The stock has a 52-week-high of $24.39 and a 52-week-low of $12.75. At the end of the last trading period, Decibel Therapeutics closed at $13.26.
  • With a Neutral rating, B of A Securities initiated coverage on Talis Biomedical Corp TLIS. The price target seems to have been set at $14.00 for Talis Biomedical. At the moment, the stock has a 52-week-high of $33.90 and a 52-week-low of $12.60. Talis Biomedical closed at $12.85 at the end of the last trading period.
  • With an Underperform rating, B of A Securities initiated coverage on Lemonade Inc LMND. The price target seems to have been set at $29.00 for Lemonade. In the fourth quarter, Lemonade showed an EPS of $0.60, compared to $2.90 from the year-ago quarter. The stock has a 52-week-high of $188.30 and a 52-week-low of $44.11. At the end of the last trading period, Lemonade closed at $86.79.
  • B of A Securities initiated coverage on Root Inc ROOT with an Underperform rating. The price target for Root is set to $9.00. Interestingly, in the fourth quarter, Root's EPS was $0.72. The stock has a 52-week-high of $25.63 and a 52-week-low of $11.85. At the end of the last trading period, Root closed at $12.35.
  • With a Neutral rating, Credit Suisse initiated coverage on Clover Health Investments Corp CLOV. The price target seems to have been set at $10.00 for Clover Health Investments. In the fourth quarter, Clover Health Investments earned $0.20. At the moment, the stock has a 52-week-high of $17.24 and a 52-week-low of $6.31. Clover Health Investments closed at $7.35 at the end of the last trading period.
  • With an Overweight rating, Piper Sandler initiated coverage on Digi International Inc DGII. The price target seems to have been set at $29.00 for Digi International. For the first quarter, Digi International had an EPS of $0.32, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $25.61 and a 52-week-low of $6.18. At the end of the last trading period, Digi International closed at $18.48.
  • Raymond James initiated coverage on ReneSola Ltd SOL with an Outperform rating. The price target for ReneSola is set to $14.50. In the third quarter, ReneSola showed an EPS of $0.05, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $35.77 and a 52-week-low of $0.85. At the end of the last trading period, ReneSola closed at $9.95.
  • With a Hold rating, Tudor Pickering initiated coverage on Renewable Energy Group Inc REGI. The price target seems to have been set at $79.00 for Renewable Energy Gr. In the fourth quarter, Renewable Energy Gr showed an EPS of $0.60, compared to $1.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $117.00 and a 52-week-low of $16.05. Renewable Energy Gr closed at $74.50 at the end of the last trading period.
  • Stifel initiated coverage on Aemetis Inc AMTX with a Buy rating. The price target for Aemetis is set to $25.00. In the third quarter, Aemetis showed an EPS of $0.59, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.98 and a 52-week-low of $0.37. Aemetis closed at $13.15 at the end of the last trading period.
  • With a Buy rating, Jefferies initiated coverage on Twilio Inc TWLO. The price target seems to have been set at $415.00 for Twilio. For the fourth quarter, Twilio had an EPS of $0.04, compared to year-ago quarter EPS of $0.04. The current stock performance of Twilio shows a 52-week-high of $457.30 and a 52-week-low of $68.06. Moreover, at the end of the last trading period, the closing price was at $320.33.
  • Piper Sandler initiated coverage on Talis Biomedical Corp TLIS with an Overweight rating. The price target for Talis Biomedical is set to $17.00. At the moment, the stock has a 52-week-high of $33.90 and a 52-week-low of $12.60. Talis Biomedical closed at $12.85 at the end of the last trading period.
  • With an Overweight rating, Barclays initiated coverage on Avrobio Inc AVRO. The price target seems to have been set at $23.00 for Avrobio. For the third quarter, Avrobio had an EPS of $1.01, compared to year-ago quarter EPS of $0.57. The stock has a 52-week-high of $23.50 and a 52-week-low of $9.76. At the end of the last trading period, Avrobio closed at $11.46.
  • Barclays initiated coverage on Decibel Therapeutics Inc DBTX with an Overweight rating. The price target for Decibel Therapeutics is set to $30.00. The stock has a 52-week-high of $24.39 and a 52-week-low of $12.75. At the end of the last trading period, Decibel Therapeutics closed at $13.26.
  • With an Overweight rating, Barclays initiated coverage on Solid Biosciences Inc SLDB. The price target seems to have been set at $13.00 for Solid Biosciences. Solid Biosciences earned $0.44 in the third quarter, compared to $0.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.58 and a 52-week-low of $1.93. Solid Biosciences closed at $9.52 at the end of the last trading period.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings