Benzinga's Top Ratings Upgrades, Downgrades For June 11, 2021


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Upgrades

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  • Barclays upgraded the previous rating for Ventas Inc (NYSE:VTR) from Equal-Weight to Overweight. In the first quarter, Ventas showed an EPS of $0.72, compared to $0.97 from the year-ago quarter. The stock has a 52-week-high of $58.43 and a 52-week-low of $32.19. At the end of the last trading period, Ventas closed at $57.69.
  • For Brookdale Senior Living Inc (NYSE:BKD), Barclays upgraded the previous rating of Equal-Weight to Overweight. For the first quarter, Brookdale Senior Living had an EPS of $0.59, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $7.74 and a 52-week-low of $2.36. Brookdale Senior Living closed at $7.30 at the end of the last trading period.
  • For Air Products & Chemicals Inc (NYSE:APD), Susquehanna upgraded the previous rating of Neutral to Positive. For the second quarter, Air Products & Chemicals had an EPS of $2.08, compared to year-ago quarter EPS of $2.04. The stock has a 52-week-high of $327.89 and a 52-week-low of $229.17. At the end of the last trading period, Air Products & Chemicals closed at $298.60.
  • B of A Securities upgraded the previous rating for OGE Energy Corp (NYSE:OGE) from Neutral to Buy. For the first quarter, OGE Energy had an EPS of $0.26, compared to year-ago quarter EPS of $0.23. At the moment, the stock has a 52-week-high of $35.24 and a 52-week-low of $28.25. OGE Energy closed at $34.89 at the end of the last trading period.
  • For United Natural Foods Inc (NYSE:UNFI), Northcoast Research upgraded the previous rating of Neutral to Buy. In the third quarter, United Natural Foods showed an EPS of $0.94, compared to $1.40 from the year-ago quarter. The current stock performance of United Natural Foods shows a 52-week-high of $42.40 and a 52-week-low of $14.22. Moreover, at the end of the last trading period, the closing price was at $34.71.
  • Argus Research upgraded the previous rating for International Paper Co (NYSE:IP) from Hold to Buy. International Paper earned $0.76 in the first quarter, compared to $0.57 in the year-ago quarter. The current stock performance of International Paper shows a 52-week-high of $65.27 and a 52-week-low of $32.59. Moreover, at the end of the last trading period, the closing price was at $62.83.
  • For Seagate Technology Holdings PLC (NASDAQ:STX), Susquehanna upgraded the previous rating of Negative to Neutral. In the third quarter, Seagate Technology showed an EPS of $1.48, compared to $1.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $106.22 and a 52-week-low of $43.53. Seagate Technology closed at $97.46 at the end of the last trading period.
  • B of A Securities upgraded the previous rating for Embraer SA (NYSE:ERJ) from Neutral to Buy. Embraer earned $0.52 in the first quarter, compared to $0.57 in the year-ago quarter. The stock has a 52-week-high of $15.76 and a 52-week-low of $3.96. At the end of the last trading period, Embraer closed at $15.72.
  • Credit Suisse upgraded the previous rating for Celsius Holdings Inc (NASDAQ:CELH) from Neutral to Outperform. For the first quarter, Celsius Holdings had an EPS of $0.01, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $83.00 and a 52-week-low of $8.61. Celsius Holdings closed at $61.75 at the end of the last trading period.
  • According to Credit Suisse, the prior rating for Brookfield Business Partners LP (NYSE:BBU) was changed from Neutral to Outperform. For the first quarter, Brookfield Business had an EPS of $3.67, compared to year-ago quarter EPS of $1.29. At the moment, the stock has a 52-week-high of $49.11 and a 52-week-low of $25.68. Brookfield Business closed at $43.62 at the end of the last trading period.
  • According to Bernstein, the prior rating for Biogen Inc (NASDAQ:BIIB) was changed from Market Perform to Outperform. For the first quarter, Biogen had an EPS of $5.34, compared to year-ago quarter EPS of $9.14. The current stock performance of Biogen shows a 52-week-high of $468.55 and a 52-week-low of $223.25. Moreover, at the end of the last trading period, the closing price was at $414.71.
  • For Canadian Natural Resources Ltd (NYSE:CNQ), Goldman Sachs upgraded the previous rating of Neutral to Buy. In the first quarter, Canadian Natural Res showed an EPS of $0.81, compared to $0.19 from the year-ago quarter. The current stock performance of Canadian Natural Res shows a 52-week-high of $38.00 and a 52-week-low of $14.85. Moreover, at the end of the last trading period, the closing price was at $36.97.
  • According to Wells Fargo, the prior rating for Signet Jewelers Ltd (NYSE:SIG) was changed from Underweight to Equal-Weight. Signet Jewelers earned $2.23 in the first quarter, compared to $1.59 in the year-ago quarter. The stock has a 52-week-high of $74.80 and a 52-week-low of $9.71. At the end of the last trading period, Signet Jewelers closed at $69.58.

See all analyst ratings upgrades.

 

Downgrades

  • According to JP Morgan, the prior rating for MorphoSys AG (NASDAQ:MOR) was changed from Overweight to Neutral. For the first quarter, MorphoSys had an EPS of $1.53, compared to year-ago quarter EPS of $6.74. The stock has a 52-week-high of $35.73 and a 52-week-low of $18.55. At the end of the last trading period, MorphoSys closed at $21.51.
  • According to Craig-Hallum, the prior rating for Qumu Corp (NASDAQ:QUMU) was changed from Buy to Hold. For the first quarter, Qumu had an EPS of $0.29, compared to year-ago quarter EPS of $0.21. The stock has a 52-week-high of $10.50 and a 52-week-low of $2.10. At the end of the last trading period, Qumu closed at $4.62.
  • According to CIBC, the prior rating for Tilray Inc (NASDAQ:TLRY) was changed from Outperformer to Neutral. For the first quarter, Tilray had an EPS of $1.75, compared to year-ago quarter EPS of $1.45. At the moment, the stock has a 52-week-high of $67.00 and a 52-week-low of $4.41. Tilray closed at $20.05 at the end of the last trading period.
  • According to Morgan Stanley, the prior rating for Cricut Inc (NASDAQ:CRCT) was changed from Overweight to Equal-Weight. In the first quarter, Cricut earned $0.24. At the moment, the stock has a 52-week-high of $38.89 and a 52-week-low of $14.88. Cricut closed at $34.68 at the end of the last trading period.
  • For Logitech International SA (NASDAQ:LOGI), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the fourth quarter, Logitech International showed an EPS of $1.45, compared to $0.42 from the year-ago quarter. The current stock performance of Logitech International shows a 52-week-high of $140.17 and a 52-week-low of $57.40. Moreover, at the end of the last trading period, the closing price was at $132.56.
  • Roth Capital downgraded the previous rating for Ocugen Inc (NASDAQ:OCGN) from Buy to Neutral. Ocugen earned $0.04 in the first quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $18.77 and a 52-week-low of $0.18. At the end of the last trading period, Ocugen closed at $6.69.
  • For Smartsheet Inc (NYSE:SMAR), RBC Capital downgraded the previous rating of Outperform to Sector Perform. For the first quarter, Smartsheet had an EPS of $0.09, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $85.43 and a 52-week-low of $40.21. Smartsheet closed at $63.99 at the end of the last trading period.

See all analyst ratings downgrades.

 

Initiations

  • Morgan Stanley initiated coverage on Cboe Global Markets Inc (BATS:CBOE) with an Underweight rating. The price target for Cboe Global Markets is set to $104.00. In the first quarter, Cboe Global Markets earned $1.53. The current stock performance of Cboe Global Markets shows a 52-week-high of $116.39 and a 52-week-low of $77.63. Moreover, at the end of the last trading period, the closing price was at $113.42.
  • With a Equal-Weight rating, Morgan Stanley initiated coverage on Organon & Co (NYSE:OGN). The price target seems to have been set at $33.00 for Organon. At the moment, the stock has a 52-week-high of $38.24 and a 52-week-low of $27.25. Organon closed at $30.33 at the end of the last trading period.
  • With an Overweight rating, Cantor Fitzgerald initiated coverage on CareCloud Inc (NASDAQ:MTBC). The price target seems to have been set at $15.00 for CareCloud. CareCloud earned $0.20 in the first quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $13.40 and a 52-week-low of $6.29. At the end of the last trading period, CareCloud closed at $8.54.
  • With a Buy rating, Benchmark initiated coverage on NextGen Acquisition Corp (NASDAQ:NGAC). The price target seems to have been set at $22.00 for NextGen Acquisition. At the moment, the stock has a 52-week-high of $16.00 and a 52-week-low of $9.70. NextGen Acquisition closed at $9.96 at the end of the last trading period.
  • Benchmark initiated coverage on NavSight Holdings Inc (NYSE:NSH) with a Buy rating. The price target for NavSight Holdings is set to $22.00. For the first quarter, NavSight Holdings had an EPS of $0.28, compared to year-ago quarter EPS of $0.39. The current stock performance of NavSight Holdings shows a 52-week-high of $12.05 and a 52-week-low of $9.67. Moreover, at the end of the last trading period, the closing price was at $9.95.
  • Raymond James initiated coverage on Karooooo Ltd (NASDAQ:KARO) with an Outperform rating. The price target for Karooooo is set to $45.00. In the first quarter, Karooooo earned $0.28. The current stock performance of Karooooo shows a 52-week-high of $42.50 and a 52-week-low of $28.35. Moreover, at the end of the last trading period, the closing price was at $38.49.
  • For Ping Identity Holding Corp (NYSE:PING), Needham initiated coverage, by setting the current rating at Hold. In the first quarter, Ping Identity Holding showed an EPS of $0.04, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.80 and a 52-week-low of $19.97. Ping Identity Holding closed at $24.94 at the end of the last trading period.
  • RBC Capital initiated coverage on Pegasystems Inc (NASDAQ:PEGA) with an Outperform rating. The price target for Pegasystems is set to $150.00. Pegasystems earned $0.26 in the first quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Pegasystems shows a 52-week-high of $148.80 and a 52-week-low of $89.32. Moreover, at the end of the last trading period, the closing price was at $128.56.
  • RBC Capital initiated coverage on Coursera Inc (NYSE:COUR) with an Outperform rating. The price target for Coursera is set to $50.00. Coursera earned $0.32 in the first quarter, compared to $0.40 in the year-ago quarter. The stock has a 52-week-high of $62.53 and a 52-week-low of $32.59. At the end of the last trading period, Coursera closed at $44.15.
  • RBC Capital initiated coverage on Fastly Inc (NYSE:FSLY) with a Sector Perform rating. The price target for Fastly is set to $50.00. In the first quarter, Fastly showed an EPS of $0.12, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $136.50 and a 52-week-low of $39.47. At the end of the last trading period, Fastly closed at $53.91.
  • B. Riley Securities initiated coverage on PlayAGS Inc (NYSE:AGS) with a Buy rating. The price target for PlayAGS is set to $21.00. In the first quarter, PlayAGS showed an EPS of $0.21, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.21 and a 52-week-low of $2.50. PlayAGS closed at $10.18 at the end of the last trading period.
  • With an Overweight rating, Piper Sandler initiated coverage on Vaxart Inc (NASDAQ:VXRT). The price target seems to have been set at $18.00 for Vaxart. In the first quarter, Vaxart showed an EPS of $0.14, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.90 and a 52-week-low of $2.25. Vaxart closed at $7.17 at the end of the last trading period.
  • With a Buy rating, Goldman Sachs initiated coverage on Blue Owl Capital Inc (NYSE:OWL). The price target seems to have been set at $18.50 for Blue Owl Capital. The stock has a 52-week-high of $17.36 and a 52-week-low of $9.68. At the end of the last trading period, Blue Owl Capital closed at $16.25.
  • Morgan Stanley initiated coverage on Nasdaq Inc (NASDAQ:NDAQ) with an Overweight rating. The price target for Nasdaq is set to $205.00. Nasdaq earned $1.96 in the first quarter, compared to $1.50 in the year-ago quarter. At the moment, the stock has a 52-week-high of $171.00 and a 52-week-low of $112.23. Nasdaq closed at $168.36 at the end of the last trading period.
  • Morgan Stanley initiated coverage on Intercontinental Exchange Inc (NYSE:ICE) with a Equal-Weight rating. The price target for Intercontinental Exchange is set to $122.00. Intercontinental Exchange earned $1.34 in the first quarter, compared to $1.28 in the year-ago quarter. At the moment, the stock has a 52-week-high of $121.97 and a 52-week-low of $90.01. Intercontinental Exchange closed at $111.72 at the end of the last trading period.
  • With a Equal-Weight rating, Morgan Stanley initiated coverage on CME Group Inc (NASDAQ:CME). The price target seems to have been set at $228.00 for CME Group. In the first quarter, CME Group showed an EPS of $1.79, compared to $2.33 from the year-ago quarter. The current stock performance of CME Group shows a 52-week-high of $221.82 and a 52-week-low of $146.89. Moreover, at the end of the last trading period, the closing price was at $212.87.
  • With an Outperform rating, Credit Suisse initiated coverage on Humanigen Inc (NASDAQ:HGEN). The price target seems to have been set at $28.00 for Humanigen. For the first quarter, Humanigen had an EPS of $1.25, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $33.95 and a 52-week-low of $7.50. Humanigen closed at $21.07 at the end of the last trading period.
  • With a Buy rating, HC Wainwright & Co. initiated coverage on Intellia Therapeutics Inc (NASDAQ:NTLA). The price target seems to have been set at $111.00 for Intellia Therapeutics. In the first quarter, Intellia Therapeutics showed an EPS of $0.69, compared to $0.63 from the year-ago quarter. The stock has a 52-week-high of $92.00 and a 52-week-low of $16.54. At the end of the last trading period, Intellia Therapeutics closed at $83.15.
  • Truist Securities initiated coverage on Gulfport Energy Corp (NYSE:GPOR) with a Buy rating. The price target for Gulfport Energy is set to $79.00. At the moment, the stock has a 52-week-high of $82.16 and a 52-week-low of $0.12. Gulfport Energy closed at $63.60 at the end of the last trading period.
  • With a Buy rating, Needham initiated coverage on Tenable Holdings Inc (NASDAQ:TENB). The price target seems to have been set at $51.00 for Tenable Holdings. Tenable Holdings earned $0.13 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Tenable Holdings shows a 52-week-high of $58.45 and a 52-week-low of $27.00. Moreover, at the end of the last trading period, the closing price was at $42.99.

See all analyst ratings initiations.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: UpgradesDowngradesInitiationIntraday UpdateAnalyst RatingsBZI-Ratings