Benzinga's Top Ratings Upgrades, Downgrades For July 25, 2023
Upgrades
Northcoast Research upgraded the previous rating for Camping World Holdings Inc (NYSE:CWH) from Neutral to Buy. For the first quarter, Camping World Holdings had an EPS of $0.14, compared to year-ago quarter EPS of $1.15. The current stock performance of Camping World Holdings shows a 52-week-high of $33.98 and a 52-week-low of $18.69. Moreover, at the end of the last trading period, the closing price was at $31.32.
According to New Street Research, the prior rating for Meta Platforms Inc (NASDAQ:META) was changed from Neutral to Buy. In the first quarter, Meta Platforms showed an EPS of $2.20, compared to $2.72 from the year-ago quarter. At the moment, the stock has a 52-week-high of $318.68 and a 52-week-low of $88.10. Meta Platforms closed at $291.61 at the end of the last trading period.
BTIG upgraded the previous rating for Zscaler Inc (NASDAQ:ZS) from Neutral to Buy. Zscaler earned $0.48 in the third quarter, compared to $0.17 in the year-ago quarter. The current stock performance of Zscaler shows a 52-week-high of $194.07 and a 52-week-low of $84.93. Moreover, at the end of the last trading period, the closing price was at $148.33.
For Verrica Pharmaceuticals Inc (NASDAQ:VRCA), Needham upgraded the previous rating of Hold to Buy. Verrica Pharmaceuticals earned $0.13 in the first quarter, compared to $0.25 in the year-ago quarter. The current stock performance of Verrica Pharmaceuticals shows a 52-week-high of $8.70 and a 52-week-low of $2.05. Moreover, at the end of the last trading period, the closing price was at $5.11.
According to JP Morgan, the prior rating for Huntington Bancshares Inc (NASDAQ:HBAN) was changed from Underweight to Neutral. In the second quarter, Huntington Bancshares showed an EPS of $0.35, compared to $0.36 from the year-ago quarter. The current stock performance of Huntington Bancshares shows a 52-week-high of $15.74 and a 52-week-low of $9.13. Moreover, at the end of the last trading period, the closing price was at $12.11.
According to Wolfe Research, the prior rating for Datadog Inc (NASDAQ:DDOG) was changed from Peer Perform to Outperform. Datadog earned $0.28 in the first quarter, compared to $0.24 in the year-ago quarter. The current stock performance of Datadog shows a 52-week-high of $120.71 and a 52-week-low of $61.34. Moreover, at the end of the last trading period, the closing price was at $111.49.
For Walmart Inc (NYSE:WMT), Piper Sandler upgraded the previous rating of Neutral to Overweight. For the first quarter, Walmart had an EPS of $1.47, compared to year-ago quarter EPS of $1.30. At the moment, the stock has a 52-week-high of $159.88 and a 52-week-low of $120.07. Walmart closed at $159.30 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
Stephens & Co. downgraded the previous rating for MainStreet Bancshares Inc (NASDAQ:MNSB) from Overweight to Equal-Weight. MainStreet Bancshares earned $0.85 in the second quarter, compared to $0.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $29.93 and a 52-week-low of $19.43. MainStreet Bancshares closed at $24.08 at the end of the last trading period.
According to Capital One, the prior rating for Denbury Inc (NYSE:DEN) was changed from Overweight to Equal-Weight. Denbury earned $1.36 in the first quarter, compared to $1.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of $104.05 and a 52-week-low of $59.00. Denbury closed at $86.53 at the end of the last trading period.
According to Chardan Capital, the prior rating for Kodiak Sciences Inc (NASDAQ:KOD) was changed from Buy to Neutral. Kodiak Sciences earned $1.35 in the first quarter, compared to $1.83 in the year-ago quarter. The stock has a 52-week-high of $12.76 and a 52-week-low of $2.77. At the end of the last trading period, Kodiak Sciences closed at $3.94.
According to RBC Capital, the prior rating for United States Steel Corp (NYSE:X) was changed from Outperform to Sector Perform. United States Steel earned $0.77 in the first quarter, compared to $3.05 in the year-ago quarter. The stock has a 52-week-high of $31.55 and a 52-week-low of $17.89. At the end of the last trading period, United States Steel closed at $24.71.
For Bank of Hawaii Corp (NYSE:BOH), Keefe, Bruyette & Woods downgraded the previous rating of Market Perform to Underperform. For the second quarter, Bank of Hawaii had an EPS of $1.12, compared to year-ago quarter EPS of $1.38. The current stock performance of Bank of Hawaii shows a 52-week-high of $85.38 and a 52-week-low of $30.83. Moreover, at the end of the last trading period, the closing price was at $57.21.
Citigroup downgraded the previous rating for CI&T Inc (NYSE:CINT) from Buy to Neutral. In the first quarter, CI&T showed an EPS of $0.09, compared to $0.10 from the year-ago quarter. The current stock performance of CI&T shows a 52-week-high of $15.08 and a 52-week-low of $3.34. Moreover, at the end of the last trading period, the closing price was at $6.48.
According to B of A Securities, the prior rating for Tractor Supply Co (NASDAQ:TSCO) was changed from Buy to Neutral. In the first quarter, Tractor Supply showed an EPS of $1.65, compared to $1.65 from the year-ago quarter. At the moment, the stock has a 52-week-high of $251.17 and a 52-week-low of $181.52. Tractor Supply closed at $214.66 at the end of the last trading period.
According to Deutsche Bank, the prior rating for Sprouts Farmers Market Inc (NASDAQ:SFM) was changed from Buy to Hold. Sprouts Farmers Market earned $0.98 in the first quarter, compared to $0.79 in the year-ago quarter. The current stock performance of Sprouts Farmers Market shows a 52-week-high of $40.39 and a 52-week-low of $26.20. Moreover, at the end of the last trading period, the closing price was at $39.96.
According to Telsey Advisory Group, the prior rating for Zevia PBC (NYSE:ZVIA) was changed from Outperform to Market Perform. In the first quarter, Zevia showed an EPS of $0.04, compared to $0.28 from the year-ago quarter. The current stock performance of Zevia shows a 52-week-high of $5.49 and a 52-week-low of $2.82. Moreover, at the end of the last trading period, the closing price was at $4.23.
Redburn Partners downgraded the previous rating for Corteva Inc (NYSE:CTVA) from Buy to Neutral. Corteva earned $1.16 in the first quarter, compared to $0.97 in the year-ago quarter. The current stock performance of Corteva shows a 52-week-high of $68.42 and a 52-week-low of $52.76. Moreover, at the end of the last trading period, the closing price was at $56.70.
Citigroup downgraded the previous rating for The Goldman Sachs Group Inc (NYSE:GS) from Buy to Neutral. Goldman Sachs Gr earned $3.08 in the second quarter, compared to $7.73 in the year-ago quarter. The current stock performance of Goldman Sachs Gr shows a 52-week-high of $389.43 and a 52-week-low of $287.84. Moreover, at the end of the last trading period, the closing price was at $358.93.
For Rackspace Technology Inc (NASDAQ:RXT), Citigroup downgraded the previous rating of Neutral to Sell. For the first quarter, Rackspace Tech had an EPS of $0.02, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $7.36 and a 52-week-low of $1.05. Rackspace Tech closed at $2.57 at the end of the last trading period.
For The Walt Disney Co (NYSE:DIS), Atlantic Equities downgraded the previous rating of Neutral to Underweight. In the second quarter, Walt Disney showed an EPS of $0.93, compared to $1.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $126.48 and a 52-week-low of $84.08. Walt Disney closed at $86.60 at the end of the last trading period.
For Progressive Corp (NYSE:PGR), Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. In the second quarter, Progressive showed an EPS of $0.40, compared to $1.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $149.87 and a 52-week-low of $110.07. Progressive closed at $125.24 at the end of the last trading period.
For Zevia PBC (NYSE:ZVIA), Goldman Sachs downgraded the previous rating of Buy to Neutral. In the first quarter, Zevia showed an EPS of $0.04, compared to $0.28 from the year-ago quarter. The current stock performance of Zevia shows a 52-week-high of $5.49 and a 52-week-low of $2.82. Moreover, at the end of the last trading period, the closing price was at $4.23.
For Nike Inc (NYSE:NKE), Exane BNP Paribas downgraded the previous rating of Neutral to Underperform. Nike earned $0.66 in the fourth quarter, compared to $0.99 in the year-ago quarter. The stock has a 52-week-high of $131.31 and a 52-week-low of $82.24. At the end of the last trading period, Nike closed at $108.77.
For Kodiak Sciences Inc (NASDAQ:KOD), JP Morgan downgraded the previous rating of Neutral to Underweight. In the first quarter, Kodiak Sciences showed an EPS of $1.35, compared to $1.83 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.76 and a 52-week-low of $2.77. Kodiak Sciences closed at $3.94 at the end of the last trading period.
Keybanc downgraded the previous rating for Avanos Medical Inc (NYSE:AVNS) from Overweight to Sector Weight. In the first quarter, Avanos Medical showed an EPS of $0.27, compared to $0.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $31.99 and a 52-week-low of $19.39. Avanos Medical closed at $25.54 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
Canaccord Genuity initiated coverage on Metals Acquisition Ltd (NYSE:MTAL) with a Buy rating. The price target for Metals Acquisition is set to $13.00.
William Blair initiated coverage on AbbVie Inc (NYSE:ABBV) with a Market Perform rating. AbbVie earned $2.46 in the first quarter, compared to $3.16 in the year-ago quarter. The stock has a 52-week-high of $168.11 and a 52-week-low of $130.96. At the end of the last trading period, AbbVie closed at $143.18.
With a Buy rating, Maxim Group initiated coverage on Nogin Inc (NASDAQ:NOGN). The price target seems to have been set at $3.00 for Nogin. Nogin earned $2.11 in the first quarter, compared to $5.02 in the year-ago quarter. The stock has a 52-week-high of $230.20 and a 52-week-low of $0.91. At the end of the last trading period, Nogin closed at $0.96.
Lake Street initiated coverage on Titan Machinery Inc (NASDAQ:TITN) with a Buy rating. The price target for Titan Machinery is set to $50.00. Titan Machinery earned $1.19 in the first quarter, compared to $0.79 in the year-ago quarter. At the moment, the stock has a 52-week-high of $47.87 and a 52-week-low of $24.90. Titan Machinery closed at $31.28 at the end of the last trading period.
With a Market Perform rating, Northland Capital Markets initiated coverage on C3.ai Inc (NYSE:AI). The price target seems to have been set at $40.00 for C3.ai. C3.ai earned $0.13 in the fourth quarter, compared to $0.21 in the year-ago quarter. The current stock performance of C3.ai shows a 52-week-high of $48.87 and a 52-week-low of $10.16. Moreover, at the end of the last trading period, the closing price was at $38.17.
With an Outperformer rating, CIBC initiated coverage on Savers Value Village Inc (NYSE:SVV). The price target seems to have been set at $27.00 for Savers Value Village. At the moment, the stock has a 52-week-high of $25.48 and a 52-week-low of $21.50. Savers Value Village closed at $24.43 at the end of the last trading period.
Susquehanna initiated coverage on DLocal Ltd (NASDAQ:DLO) with a Positive rating. The price target for DLocal is set to $18.50. For the first quarter, DLocal had an EPS of $0.11, compared to year-ago quarter EPS of $0.08. The current stock performance of DLocal shows a 52-week-high of $33.56 and a 52-week-low of $9.04. Moreover, at the end of the last trading period, the closing price was at $14.80.
Edward Jones initiated coverage on Kenvue Inc (NYSE:KVUE) with a Buy rating. For the second quarter, Kenvue had an EPS of $0.32, compared to year-ago quarter EPS of $0.43. The current stock performance of Kenvue shows a 52-week-high of $27.80 and a 52-week-low of $22.49. Moreover, at the end of the last trading period, the closing price was at $24.16.
Citigroup initiated coverage on Incyte Corp (NASDAQ:INCY) with a Buy rating. The price target for Incyte is set to $82.00. In the first quarter, Incyte showed an EPS of $0.37, compared to $0.55 from the year-ago quarter. The stock has a 52-week-high of $86.29 and a 52-week-low of $60.56. At the end of the last trading period, Incyte closed at $63.46.
With a Buy rating, Stifel initiated coverage on Aeglea BioTherapeutics Inc (NASDAQ:AGLE). The price target seems to have been set at $0.90 for Aeglea BioTherapeutics. For the first quarter, Aeglea BioTherapeutics had an EPS of $0.20, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $1.56 and a 52-week-low of $0.11. At the end of the last trading period, Aeglea BioTherapeutics closed at $0.59.
HSBC initiated coverage on Playtika Holding Corp (NASDAQ:PLTK) with a Buy rating. The price target for Playtika Holding is set to $15.80. Playtika Holding earned $0.23 in the first quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $13.15 and a 52-week-low of $7.83. At the end of the last trading period, Playtika Holding closed at $12.20.
With a Buy rating, HSBC initiated coverage on Take-Two Interactive Software Inc (NASDAQ:TTWO). The price target seems to have been set at $170.00 for Take-Two Interactive. Take-Two Interactive earned $0.59 in the fourth quarter, compared to $1.09 in the year-ago quarter. The current stock performance of Take-Two Interactive shows a 52-week-high of $153.84 and a 52-week-low of $90.00. Moreover, at the end of the last trading period, the closing price was at $150.28.
Keybanc initiated coverage on On Holding AG (NYSE:ONON) with an Overweight rating. The price target for On Holding is set to $42.00. On Holding earned $0.05 in the first quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.85 and a 52-week-low of $15.44. On Holding closed at $35.47 at the end of the last trading period.
Keybanc initiated coverage on Nike Inc (NYSE:NKE) with a Sector Weight rating. Nike earned $0.66 in the fourth quarter, compared to $0.99 in the year-ago quarter. The stock has a 52-week-high of $131.31 and a 52-week-low of $82.24. At the end of the last trading period, Nike closed at $108.77.
BMO Capital initiated coverage on Fidelis Insurance Holdings Ltd (NYSE:FIHL) with a Market Perform rating. The price target for Fidelis Insurance Hldgs is set to $15.00. The stock has a 52-week-high of $14.04 and a 52-week-low of $12.60. At the end of the last trading period, Fidelis Insurance Hldgs closed at $13.55.
DA Davidson initiated coverage on Sprinklr Inc (NYSE:CXM) with a Buy rating. The price target for Sprinklr is set to $17.00. For the first quarter, Sprinklr had an EPS of $0.06, compared to year-ago quarter EPS of $0.05. At the moment, the stock has a 52-week-high of $15.50 and a 52-week-low of $7.43. Sprinklr closed at $13.44 at the end of the last trading period.
BTIG initiated coverage on ProKidney Corp (NASDAQ:PROK) with a Buy rating. The price target for ProKidney is set to $16.00. At the moment, the stock has a 52-week-high of $14.19 and a 52-week-low of $5.19. ProKidney closed at $11.39 at the end of the last trading period.
With a Neutral rating, Roth MKM initiated coverage on Fluence Energy Inc (NASDAQ:FLNC). The price target seems to have been set at $31.00 for Fluence Energy. Fluence Energy earned $0.21 in the second quarter, compared to $1.00 in the year-ago quarter. The stock has a 52-week-high of $31.32 and a 52-week-low of $9.51. At the end of the last trading period, Fluence Energy closed at $28.48.
With an Outperform rating, Baird initiated coverage on Howmet Aerospace Inc (NYSE:HWM). The price target seems to have been set at $61.00 for Howmet Aerospace. Howmet Aerospace earned $0.42 in the first quarter, compared to $0.31 in the year-ago quarter. The stock has a 52-week-high of $51.34 and a 52-week-low of $30.61. At the end of the last trading period, Howmet Aerospace closed at $50.07.
With an Outperform rating, TD Cowen initiated coverage on Warner Music Group Corp (NASDAQ:WMG). The price target seems to have been set at $38.00 for Warner Music Gr. For the second quarter, Warner Music Gr had an EPS of $0.20, compared to year-ago quarter EPS of $0.22. The current stock performance of Warner Music Gr shows a 52-week-high of $38.76 and a 52-week-low of $21.57. Moreover, at the end of the last trading period, the closing price was at $30.52.
Stephens & Co. initiated coverage on SoFi Technologies Inc (NASDAQ:SOFI) with a Equal-Weight rating. The price target for SoFi Techs is set to $7.00. For the first quarter, SoFi Techs had an EPS of $0.05, compared to year-ago quarter EPS of $0.14. The current stock performance of SoFi Techs shows a 52-week-high of $10.23 and a 52-week-low of $4.25. Moreover, at the end of the last trading period, the closing price was at $9.45.
Rosenblatt initiated coverage on Emerald Holding Inc (NYSE:EEX) with a Buy rating. The price target for Emerald Holding is set to $7.20. Emerald Holding earned $0.04 in the first quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $4.67 and a 52-week-low of $3.02. At the end of the last trading period, Emerald Holding closed at $4.62.
Mizuho initiated coverage on Watsco Inc (NYSE:WSO) with a Neutral rating. The price target for Watsco is set to $360.00. For the first quarter, Watsco had an EPS of $2.83, compared to year-ago quarter EPS of $2.90. The stock has a 52-week-high of $383.83 and a 52-week-low of $229.69. At the end of the last trading period, Watsco closed at $366.99.
With a Buy rating, Mizuho initiated coverage on Shift4 Payments Inc (NYSE:FOUR). The price target seems to have been set at $80.00 for Shift4 Payments. Shift4 Payments earned $0.51 in the first quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $76.40 and a 52-week-low of $32.80. Shift4 Payments closed at $66.69 at the end of the last trading period.