Benzinga's Top Ratings Upgrades, Downgrades For September 21, 2022

Author: Benzinga Insights | September 21, 2022 10:04am

Upgrades

For Berkshire Hathaway Inc (NYSE:BRK), Edward Jones upgraded the previous rating of Hold to Buy. Berkshire Hathaway earned $6312.49 in the second quarter, compared to $4399.91 in the year-ago quarter.

For Aurora Cannabis Inc (NASDAQ:ACB), Canaccord Genuity upgraded the previous rating of Sell to Hold. For the fourth quarter, Aurora Cannabis had an EPS of $0.00, compared to year-ago quarter EPS of $0.55. At the moment, the stock has a 52-week-high of $6.05 and a 52-week-low of $1.21. Aurora Cannabis closed at $1.40 at the end of the last trading period.

According to Exane BNP Paribas, the prior rating for TechnipFMC PLC (NYSE:FTI) was changed from Neutral to Outperform. In the second quarter, TechnipFMC showed an EPS of $0.02, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $9.39 and a 52-week-low of $5.47. At the end of the last trading period, TechnipFMC closed at $9.16.

Citigroup upgraded the previous rating for Oxford Industries Inc (NYSE:OXM) from Sell to Neutral. In the second quarter, Oxford Industries showed an EPS of $3.61, compared to $3.24 from the year-ago quarter. The current stock performance of Oxford Industries shows a 52-week-high of $119.50 and a 52-week-low of $76.21. Moreover, at the end of the last trading period, the closing price was at $95.32.

According to Barclays, the prior rating for Arista Networks Inc (NYSE:ANET) was changed from Equal-Weight to Overweight. For the second quarter, Arista Networks had an EPS of $1.08, compared to year-ago quarter EPS of $0.68. At the moment, the stock has a 52-week-high of $144.50 and a 52-week-low of $89.11. Arista Networks closed at $114.07 at the end of the last trading period.

According to JP Morgan, the prior rating for PBF Energy Inc (NYSE:PBF) was changed from Neutral to Overweight. In the second quarter, PBF Energy showed an EPS of $10.58, compared to $1.26 from the year-ago quarter. The stock has a 52-week-high of $44.12 and a 52-week-low of $13.10. At the end of the last trading period, PBF Energy closed at $29.69.

According to Goldman Sachs, the prior rating for The Estee Lauder Companies Inc (NYSE:EL) was changed from Neutral to Buy. In the fourth quarter, Estee Lauder Cos showed an EPS of $0.42, compared to $0.78 from the year-ago quarter. The current stock performance of Estee Lauder Cos shows a 52-week-high of $374.20 and a 52-week-low of $225.39. Moreover, at the end of the last trading period, the closing price was at $239.50.

See all analyst ratings upgrades.

Downgrades

For Pulse Biosciences Inc (NASDAQ:PLSE), Maxim Group downgraded the previous rating of Buy to Hold. In the second quarter, Pulse Biosciences showed an EPS of $0.38, compared to $0.58 from the year-ago quarter. The stock has a 52-week-high of $15.38 and a 52-week-low of $1.18. At the end of the last trading period, Pulse Biosciences closed at $1.39.

For Stitch Fix Inc (NASDAQ:SFIX), Canaccord Genuity downgraded the previous rating of Buy to Hold. For the fourth quarter, Stitch Fix had an EPS of $0.65, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $20.17 and a 52-week-low of $4.61. At the end of the last trading period, Stitch Fix closed at $4.72.

For Cisco Systems Inc (NASDAQ:CSCO), Barclays downgraded the previous rating of Overweight to Equal-Weight. In the fourth quarter, Cisco Systems showed an EPS of $0.83, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $63.35 and a 52-week-low of $40.82. At the end of the last trading period, Cisco Systems closed at $42.58.

Wells Fargo downgraded the previous rating for HF Sinclair Corp (NYSE:DINO) from Overweight to Equal-Weight. For the second quarter, HF Sinclair had an EPS of $5.59, compared to year-ago quarter EPS of $0.87. The current stock performance of HF Sinclair shows a 52-week-high of $58.50 and a 52-week-low of $34.17. Moreover, at the end of the last trading period, the closing price was at $52.08.

For Western Digital Corp (NASDAQ:WDC), Mizuho downgraded the previous rating of Buy to Neutral. For the fourth quarter, Western Digital had an EPS of $1.78, compared to year-ago quarter EPS of $2.16. The current stock performance of Western Digital shows a 52-week-high of $69.36 and a 52-week-low of $34.94. Moreover, at the end of the last trading period, the closing price was at $35.54.

Mizuho downgraded the previous rating for Micron Technology Inc (NASDAQ:MU) from Buy to Neutral. Micron Technology earned $2.59 in the third quarter, compared to $1.88 in the year-ago quarter. At the moment, the stock has a 52-week-high of $98.45 and a 52-week-low of $50.59. Micron Technology closed at $50.80 at the end of the last trading period.

For Sotera Health Co (NASDAQ:SHC), JP Morgan downgraded the previous rating of Overweight to Underweight. In the second quarter, Sotera Health showed an EPS of $0.27, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $24.90 and a 52-week-low of $7.98. At the end of the last trading period, Sotera Health closed at $8.20.

Piper Sandler downgraded the previous rating for Arthur J. Gallagher & Co (NYSE:AJG) from Overweight to Neutral. Arthur J. Gallagher earned $1.70 in the second quarter, compared to $1.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $192.00 and a 52-week-low of $147.32. Arthur J. Gallagher closed at $179.17 at the end of the last trading period.

According to BTIG, the prior rating for Renovacor Inc (AMEX:RCOR) was changed from Buy to Neutral. In the second quarter, Renovacor showed an EPS of $0.52, compared to $0.59 from the year-ago quarter.

See all analyst ratings downgrades.

Initiations

Roth Capital initiated coverage on Bragg Gaming Group Inc (NASDAQ:BRAG) with a Buy rating. The price target for Bragg Gaming Group is set to $9.00. At the moment, the stock has a 52-week-high of $7.98 and a 52-week-low of $2.30. Bragg Gaming Group closed at $4.49 at the end of the last trading period.

Jefferies initiated coverage on Trupanion Inc (NASDAQ:TRUP) with a Buy rating. The price target for Trupanion is set to $77.00. Trupanion earned $0.33 in the second quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Trupanion shows a 52-week-high of $135.11 and a 52-week-low of $50.81. Moreover, at the end of the last trading period, the closing price was at $63.50.

William Blair initiated coverage on Apollo Medical Holdings Inc (NASDAQ:AMEH) with an Outperform rating. Apollo Medical Hlgs earned $0.25 in the second quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $74.01 and a 52-week-low of $29.52. At the end of the last trading period, Apollo Medical Hlgs closed at $39.14.

With an Overweight rating, JP Morgan initiated coverage on Intellia Therapeutics Inc (NASDAQ:NTLA). The price target seems to have been set at $85.00 for Intellia Therapeutics. For the second quarter, Intellia Therapeutics had an EPS of $1.33, compared to year-ago quarter EPS of $1.01. The stock has a 52-week-high of $119.65 and a 52-week-low of $37.08. At the end of the last trading period, Intellia Therapeutics closed at $62.53.

With an Overweight rating, JP Morgan initiated coverage on Adicet Bio Inc (NASDAQ:ACET). The price target seems to have been set at $23.00 for Adicet Bio. Adicet Bio earned $0.56 in the second quarter, compared to $0.34 in the year-ago quarter. The stock has a 52-week-high of $21.17 and a 52-week-low of $9.88. At the end of the last trading period, Adicet Bio closed at $14.81.

JP Morgan initiated coverage on Xencor Inc (NASDAQ:XNCR) with an Overweight rating. The price target for Xencor is set to $37.00. For the second quarter, Xencor had an EPS of $0.57, compared to year-ago quarter EPS of $0.87. The current stock performance of Xencor shows a 52-week-high of $42.30 and a 52-week-low of $19.36. Moreover, at the end of the last trading period, the closing price was at $27.61.

With an Overweight rating, JP Morgan initiated coverage on ADC Therapeutics SA (NYSE:ADCT). The price target seems to have been set at $5.00 for ADC Therapeutics. In the second quarter, ADC Therapeutics showed an EPS of $0.73, compared to $0.70 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.67 and a 52-week-low of $5.10. ADC Therapeutics closed at $5.29 at the end of the last trading period.

With a Neutral rating, JP Morgan initiated coverage on Gossamer Bio Inc (NASDAQ:GOSS). The price target seems to have been set at $17.00 for Gossamer Bio. For the second quarter, Gossamer Bio had an EPS of $0.74, compared to year-ago quarter EPS of $0.80. 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 $13.60 at the end of the last trading period.

Exane BNP Paribas initiated coverage on On Holding AG (NYSE:ONON) with an Outperform rating. For the second quarter, On Holding had an EPS of $0.15, compared to year-ago quarter EPS of $0.05. At the moment, the stock has a 52-week-high of $40.22 and a 52-week-low of $16.16. On Holding closed at $17.73 at the end of the last trading period.

For Steven Madden Ltd (NASDAQ:SHOO), Exane BNP Paribas initiated coverage, by setting the current rating at Outperform. For the second quarter, Steven Madden had an EPS of $0.63, compared to year-ago quarter EPS of $0.48. The stock has a 52-week-high of $49.84 and a 52-week-low of $28.41. At the end of the last trading period, Steven Madden closed at $29.01.

Exane BNP Paribas initiated coverage on Crocs Inc (NASDAQ:CROX) with a Neutral rating. For the second quarter, Crocs had an EPS of $3.24, compared to year-ago quarter EPS of $2.23. The current stock performance of Crocs shows a 52-week-high of $136.81 and a 52-week-low of $46.08. Moreover, at the end of the last trading period, the closing price was at $77.29.

Wolfe Research initiated coverage on Jack In The Box Inc (NASDAQ:JACK) with a Peer Perform rating. Jack In The Box earned $1.38 in the third quarter, compared to $1.79 in the year-ago quarter. At the moment, the stock has a 52-week-high of $96.87 and a 52-week-low of $54.80. Jack In The Box closed at $84.83 at the end of the last trading period.

For RumbleON Inc (NASDAQ:RMBL), Wolfe Research initiated coverage, by setting the current rating at Peer Perform. RumbleON earned $1.20 in the second quarter, compared to $1.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $43.69 and a 52-week-low of $12.80. RumbleON closed at $21.73 at the end of the last trading period.

With a Buy rating, Compass Point initiated coverage on FTAI Infrastructure Inc (NASDAQ:FIP). The price target seems to have been set at $7.00 for FTAI Infrastructure. In the second quarter, FTAI Infrastructure showed an EPS of $0.00, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $3.60 and a 52-week-low of $2.25. At the end of the last trading period, FTAI Infrastructure closed at $2.61.

Stifel initiated coverage on Micron Technology Inc (NASDAQ:MU) with a Hold rating. The price target for Micron Technology is set to $56.00. For the third quarter, Micron Technology had an EPS of $2.59, compared to year-ago quarter EPS of $1.88. The current stock performance of Micron Technology shows a 52-week-high of $98.45 and a 52-week-low of $50.59. Moreover, at the end of the last trading period, the closing price was at $50.80.

With a Buy rating, Needham initiated coverage on HireRight Holdings Corp (NYSE:HRT). The price target seems to have been set at $22.00 for HireRight Holdings. For the second quarter, HireRight Holdings had an EPS of $0.54, compared to year-ago quarter EPS of $0.30. The stock has a 52-week-high of $18.95 and a 52-week-low of $10.66. At the end of the last trading period, HireRight Holdings closed at $15.86.

For First Advantage Corp (NASDAQ:FA), Needham initiated coverage, by setting the current rating at Hold. First Advantage earned $0.25 in the second quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $21.01 and a 52-week-low of $11.68. At the end of the last trading period, First Advantage closed at $13.45.

Needham initiated coverage on Sterling Check Corp (NASDAQ:STER) with a Buy rating. The price target for Sterling Check is set to $27.00. The current stock performance of Sterling Check shows a 52-week-high of $28.76 and a 52-week-low of $14.64. Moreover, at the end of the last trading period, the closing price was at $19.92.

See all analyst ratings initiations.

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