Benzinga's Top Ratings Upgrades, Downgrades For September 19, 2022

Author: Benzinga Insights | September 19, 2022 10:19am

Upgrades

According to Citigroup, the prior rating for Tricon Residential Inc (NYSE:TCN) was changed from Neutral to Buy. The current stock performance of Tricon Residential shows a 52-week-high of $17.23 and a 52-week-low of $9.33. Moreover, at the end of the last trading period, the closing price was at $10.14.

Citigroup upgraded the previous rating for Kite Realty Group Trust (NYSE:KRG) from Neutral to Buy. For the second quarter, Kite Realty Gr Trust had an EPS of $0.49, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $23.35 and a 52-week-low of $16.68. At the end of the last trading period, Kite Realty Gr Trust closed at $18.99.

Jefferies upgraded the previous rating for Heico Corp (NYSE:HEI) from Hold to Buy. For the third quarter, Heico had an EPS of $0.60, compared to year-ago quarter EPS of $0.56. The current stock performance of Heico shows a 52-week-high of $165.61 and a 52-week-low of $126.95. Moreover, at the end of the last trading period, the closing price was at $148.58.

Citigroup upgraded the previous rating for Healthcare Realty Trust Inc (NYSE:HR) from Neutral to Buy. Healthcare Realty Trust earned $0.45 in the second quarter, compared to $0.43 in the year-ago quarter. The current stock performance of Healthcare Realty Trust shows a 52-week-high of $32.38 and a 52-week-low of $22.45. Moreover, at the end of the last trading period, the closing price was at $23.11.

According to Citigroup, the prior rating for Essex Property Trust Inc (NYSE:ESS) was changed from Neutral to Buy. Essex Property Trust earned $3.68 in the second quarter, compared to $3.04 in the year-ago quarter. The current stock performance of Essex Property Trust shows a 52-week-high of $363.36 and a 52-week-low of $250.62. Moreover, at the end of the last trading period, the closing price was at $261.06.

For Acadia Realty Trust (NYSE:AKR), Citigroup upgraded the previous rating of Neutral to Buy. In the second quarter, Acadia Realty Trust showed an EPS of $0.32, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.64 and a 52-week-low of $14.80. Acadia Realty Trust closed at $15.33 at the end of the last trading period.

According to BMO Capital, the prior rating for Obsidian Energy Ltd (AMEX:OBE) was changed from Underperform to Market Perform. For the fourth quarter, Obsidian Energy had an EPS of $5.66, compared to year-ago quarter EPS of $0.17. The current stock performance of Obsidian Energy shows a 52-week-high of $12.52 and a 52-week-low of $6.07. Moreover, at the end of the last trading period, the closing price was at $8.21.

For Netflix Inc (NASDAQ:NFLX), Oppenheimer upgraded the previous rating of Perform to Outperform. For the second quarter, Netflix had an EPS of $3.20, compared to year-ago quarter EPS of $2.97. The current stock performance of Netflix shows a 52-week-high of $609.99 and a 52-week-low of $162.71. Moreover, at the end of the last trading period, the closing price was at $240.13.

For Larimar Therapeutics Inc (NASDAQ:LRMR), William Blair upgraded the previous rating of Market Perform to Outperform. For the second quarter, Larimar Therapeutics had an EPS of $0.47, compared to year-ago quarter EPS of $0.79. The stock has a 52-week-high of $11.05 and a 52-week-low of $1.53. At the end of the last trading period, Larimar Therapeutics closed at $3.20.

For Array Technologies Inc (NASDAQ:ARRY), Piper Sandler upgraded the previous rating of Neutral to Overweight. In the second quarter, Array Technologies showed an EPS of $0.09, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.00 and a 52-week-low of $5.45. Array Technologies closed at $17.82 at the end of the last trading period.

According to Compass Point, the prior rating for Innovative Industrial Properties Inc (NYSE:IIPR) was changed from Neutral to Buy. In the second quarter, Innovative Ind Props showed an EPS of $2.14, compared to $1.64 from the year-ago quarter. The stock has a 52-week-high of $265.28 and a 52-week-low of $87.47. At the end of the last trading period, Innovative Ind Props closed at $91.46.

According to BMO Capital, the prior rating for EQT Corp (NYSE:EQT) was changed from Market Perform to Outperform. EQT earned $0.83 in the second quarter, compared to $0.07 in the year-ago quarter. The current stock performance of EQT shows a 52-week-high of $51.97 and a 52-week-low of $19.20. Moreover, at the end of the last trading period, the closing price was at $46.06.

Keybanc upgraded the previous rating for Toll Brothers Inc (NYSE:TOL) from Underweight to Sector Weight. For the third quarter, Toll Brothers had an EPS of $2.35, compared to year-ago quarter EPS of $1.87. At the moment, the stock has a 52-week-high of $72.75 and a 52-week-low of $40.20. Toll Brothers closed at $43.66 at the end of the last trading period.

According to Keybanc, the prior rating for PulteGroup Inc (NYSE:PHM) was changed from Sector Weight to Overweight. For the second quarter, PulteGroup had an EPS of $2.73, compared to year-ago quarter EPS of $1.72. At the moment, the stock has a 52-week-high of $58.09 and a 52-week-low of $35.03. PulteGroup closed at $39.36 at the end of the last trading period.

For Meritage Homes Corp (NYSE:MTH), Keybanc upgraded the previous rating of Sector Weight to Overweight. For the second quarter, Meritage Homes had an EPS of $6.77, compared to year-ago quarter EPS of $4.73. At the moment, the stock has a 52-week-high of $123.30 and a 52-week-low of $62.51. Meritage Homes closed at $74.28 at the end of the last trading period.

Keybanc upgraded the previous rating for Lennar Corp (NYSE:LEN) from Underweight to Overweight. Lennar earned $4.69 in the second quarter, compared to $2.95 in the year-ago quarter. The current stock performance of Lennar shows a 52-week-high of $116.36 and a 52-week-low of $62.54. Moreover, at the end of the last trading period, the closing price was at $75.79.

Keybanc upgraded the previous rating for KB Home (NYSE:KBH) from Underweight to Sector Weight. KB Home earned $2.32 in the second quarter, compared to $1.50 in the year-ago quarter. The stock has a 52-week-high of $50.20 and a 52-week-low of $24.78. At the end of the last trading period, KB Home closed at $28.37.

Keybanc upgraded the previous rating for D.R. Horton Inc (NYSE:DHI) from Sector Weight to Overweight. In the third quarter, D.R. Horton showed an EPS of $4.67, compared to $3.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $108.64 and a 52-week-low of $59.25. D.R. Horton closed at $71.12 at the end of the last trading period.

For TopBuild Corp (NYSE:BLD), Keybanc upgraded the previous rating of Sector Weight to Overweight. For the second quarter, TopBuild had an EPS of $4.43, compared to year-ago quarter EPS of $2.76. The current stock performance of TopBuild shows a 52-week-high of $280.83 and a 52-week-low of $150.72. Moreover, at the end of the last trading period, the closing price was at $168.54.

See all analyst ratings upgrades.

Downgrades

According to Susquehanna, the prior rating for Super Micro Computer Inc (NASDAQ:SMCI) was changed from Positive to Neutral. In the fourth quarter, Super Micro Computer showed an EPS of $2.62, compared to $0.81 from the year-ago quarter. The current stock performance of Super Micro Computer shows a 52-week-high of $74.93 and a 52-week-low of $34.11. Moreover, at the end of the last trading period, the closing price was at $62.30.

For NetApp Inc (NASDAQ:NTAP), Susquehanna downgraded the previous rating of Positive to Neutral. NetApp earned $1.20 in the first quarter, compared to $1.15 in the year-ago quarter. The stock has a 52-week-high of $96.82 and a 52-week-low of $61.26. At the end of the last trading period, NetApp closed at $68.68.

According to Citigroup, the prior rating for Retail Opportunity Investments Corp (NASDAQ:ROIC) was changed from Buy to Neutral. For the second quarter, Retail Opportunity had an EPS of $0.28, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $20.09 and a 52-week-low of $15.06. Retail Opportunity closed at $16.03 at the end of the last trading period.

According to Citigroup, the prior rating for Kilroy Realty Corp (NYSE:KRC) was changed from Buy to Neutral. In the second quarter, Kilroy Realty showed an EPS of $1.17, compared to $0.88 from the year-ago quarter. The stock has a 52-week-high of $79.06 and a 52-week-low of $47.17. At the end of the last trading period, Kilroy Realty closed at $49.69.

For Hudson Pacific Properties Inc (NYSE:HPP), Citigroup downgraded the previous rating of Buy to Neutral. In the second quarter, Hudson Pacific Properties showed an EPS of $0.51, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $28.66 and a 52-week-low of $12.54. Hudson Pacific Properties closed at $12.98 at the end of the last trading period.

Mizuho downgraded the previous rating for Essex Property Trust Inc (NYSE:ESS) from Buy to Neutral. Essex Property Trust earned $3.68 in the second quarter, compared to $3.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $363.36 and a 52-week-low of $250.62. Essex Property Trust closed at $261.06 at the end of the last trading period.

For UDR Inc (NYSE:UDR), Mizuho downgraded the previous rating of Buy to Neutral. For the second quarter, UDR had an EPS of $0.57, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of $61.06 and a 52-week-low of $42.00. UDR closed at $44.64 at the end of the last trading period.

Wells Fargo downgraded the previous rating for Adobe Inc (NASDAQ:ADBE) from Overweight to Equal-Weight. Adobe earned $3.40 in the third quarter, compared to $3.11 in the year-ago quarter. The stock has a 52-week-high of $575.00 and a 52-week-low of $292.14. At the end of the last trading period, Adobe closed at $299.50.

For NCR Corp (NYSE:NCR), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. NCR earned $0.71 in the second quarter, compared to $0.62 in the year-ago quarter. The stock has a 52-week-high of $44.59 and a 52-week-low of $21.64. At the end of the last trading period, NCR closed at $23.20.

For Adobe Inc (NASDAQ:ADBE), Edward Jones downgraded the previous rating of Buy to Hold. For the third quarter, Adobe had an EPS of $3.40, compared to year-ago quarter EPS of $3.11. At the moment, the stock has a 52-week-high of $575.00 and a 52-week-low of $292.14. Adobe closed at $299.50 at the end of the last trading period.

According to RBC Capital, the prior rating for Huntsman Corp (NYSE:HUN) was changed from Outperform to Sector Perform. Huntsman earned $1.28 in the second quarter, compared to $0.86 in the year-ago quarter. The stock has a 52-week-high of $41.65 and a 52-week-low of $24.87. At the end of the last trading period, Huntsman closed at $25.68.

For Venator Materials PLC (NYSE:VNTR), BMO Capital downgraded the previous rating of Market Perform to Underperform. For the second quarter, Venator Materials had an EPS of $0.13, compared to year-ago quarter EPS of $0.00. The stock has a 52-week-high of $2.80 and a 52-week-low of $1.13. At the end of the last trading period, Venator Materials closed at $1.46.

For Tronox Holdings PLC (NYSE:TROX), BMO Capital downgraded the previous rating of Outperform to Market Perform. Tronox Holdings earned $0.84 in the second quarter, compared to $0.61 in the year-ago quarter. The stock has a 52-week-high of $25.95 and a 52-week-low of $13.02. At the end of the last trading period, Tronox Holdings closed at $13.68.

See all analyst ratings downgrades.

Initiations

Janney Montgomery Scott initiated coverage on Global Water Resources Inc (NASDAQ:GWRS) with a Buy rating. The price target for Global Water Resources is set to $17.00. Global Water Resources earned $0.09 in the second quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Global Water Resources shows a 52-week-high of $17.35 and a 52-week-low of $12.54. Moreover, at the end of the last trading period, the closing price was at $12.99.

With an Outperform rating, Wedbush initiated coverage on Gossamer Bio Inc (NASDAQ:GOSS). The price target seems to have been set at $24.00 for Gossamer Bio. In the second quarter, Gossamer Bio showed an EPS of $0.74, compared to $0.80 from the year-ago quarter. At the moment, the stock has a 52-week-high of $15.20 and a 52-week-low of $5.64. Gossamer Bio closed at $13.52 at the end of the last trading period.

With an Overweight rating, Cantor Fitzgerald initiated coverage on AgileThought Inc (NASDAQ:AGIL). The price target seems to have been set at $6.00 for AgileThought. The stock has a 52-week-high of $5.93 and a 52-week-low of $3.51. At the end of the last trading period, AgileThought closed at $4.08.

Citigroup initiated coverage on QuidelOrtho Corp (NASDAQ:QDEL) with a Neutral rating. The price target for QuidelOrtho is set to $90.00. In the second quarter, QuidelOrtho showed an EPS of $2.34, compared to $0.75 from the year-ago quarter. The stock has a 52-week-high of $135.90 and a 52-week-low of $77.32. At the end of the last trading period, QuidelOrtho closed at $81.78.

UBS initiated coverage on Symbotic Inc (NASDAQ:SYM) with a Buy rating. The price target for Symbotic is set to $17.00. At the moment, the stock has a 52-week-high of $28.48 and a 52-week-low of $9.12. Symbotic closed at $13.03 at the end of the last trading period.

Jefferies initiated coverage on Rubicon Technologies Inc (NYSE:RBT) with a Buy rating. The price target for Rubicon Technologies is set to $10.00. The stock has a 52-week-high of $7.94 and a 52-week-low of $3.54. At the end of the last trading period, Rubicon Technologies closed at $3.76.

With a Buy rating, Compass Point initiated coverage on Zillow Group Inc (NASDAQ:ZG). The price target seems to have been set at $50.00 for Zillow Gr. For the second quarter, Zillow Gr had an EPS of $0.47, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $65.16 and a 52-week-low of $28.76. Zillow Gr closed at $34.10 at the end of the last trading period.

RBC Capital initiated coverage on Gaming and Leisure Properties Inc (NASDAQ:GLPI) with an Outperform rating. The price target for Gaming and Leisure Props is set to $54.00. Gaming and Leisure Props earned $0.91 in the second quarter, compared to $0.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.87 and a 52-week-low of $41.81. Gaming and Leisure Props closed at $48.69 at the end of the last trading period.

See all analyst ratings initiations.

Posted In: ADBE AGIL AKR ARRY BLD DHI EQT ESS GLPI GOSS GWRS HEI HPP HR HUN IIPR KBH KRC KRG LEN