Benzinga's Top Ratings Upgrades, Downgrades For June 26, 2023
Upgrades
According to B. Riley Securities, the prior rating for Identiv Inc (NASDAQ:INVE) was changed from Neutral to Buy. Identiv earned $0.13 in the first quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.92 and a 52-week-low of $5.07. Identiv closed at $7.18 at the end of the last trading period.
For Century Communities Inc (NYSE:CCS), B. Riley Securities upgraded the previous rating of Neutral to Buy. In the first quarter, Century Communities showed an EPS of $1.04, compared to $4.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $72.08 and a 52-week-low of $40.40. Century Communities closed at $71.05 at the end of the last trading period.
According to Loop Capital, the prior rating for Weave Communications Inc (NYSE:WEAV) was changed from Hold to Buy. For the first quarter, Weave Communications had an EPS of $0.05, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $9.13 and a 52-week-low of $2.99. Weave Communications closed at $9.13 at the end of the last trading period.
According to DA Davidson, the prior rating for WSFS Financial Corp (NASDAQ:WSFS) was changed from Neutral to Buy. In the first quarter, WSFS Financial showed an EPS of $1.02, compared to $0.66 from the year-ago quarter. The stock has a 52-week-high of $51.77 and a 52-week-low of $29.59. At the end of the last trading period, WSFS Financial closed at $35.17.
For Burlington Stores Inc (NYSE:BURL), Gordon Haskett upgraded the previous rating of Accumulate to Buy. Burlington Stores earned $0.84 in the first quarter, compared to $0.54 in the year-ago quarter. The current stock performance of Burlington Stores shows a 52-week-high of $239.94 and a 52-week-low of $106.81. Moreover, at the end of the last trading period, the closing price was at $157.98.
According to B of A Securities, the prior rating for Alliant Energy Corp (NASDAQ:LNT) was changed from Neutral to Buy. Alliant Energy earned $0.65 in the first quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $64.59 and a 52-week-low of $47.23. At the end of the last trading period, Alliant Energy closed at $51.83.
For Sherwin-Williams Co (NYSE:SHW), BMO Capital upgraded the previous rating of Market Perform to Outperform. For the first quarter, Sherwin-Williams had an EPS of $2.04, compared to year-ago quarter EPS of $1.61. The stock has a 52-week-high of $264.69 and a 52-week-low of $195.57. At the end of the last trading period, Sherwin-Williams closed at $247.04.
According to UBS, the prior rating for Moderna Inc (NASDAQ:MRNA) was changed from Neutral to Buy. For the first quarter, Moderna had an EPS of $0.19, compared to year-ago quarter EPS of $8.58. The current stock performance of Moderna shows a 52-week-high of $217.20 and a 52-week-low of $115.06. Moreover, at the end of the last trading period, the closing price was at $118.50.
Keybanc upgraded the previous rating for Sotera Health Co (NASDAQ:SHC) from Sector Weight to Overweight. For the first quarter, Sotera Health had an EPS of $0.13, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $20.95 and a 52-week-low of $5.78. Sotera Health closed at $17.99 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
According to Raymond James, the prior rating for FibroGen Inc (NASDAQ:FGEN) was changed from Outperform to Market Perform. FibroGen earned $0.81 in the first quarter, compared to $0.68 in the year-ago quarter. The stock has a 52-week-high of $25.69 and a 52-week-low of $10.46. At the end of the last trading period, FibroGen closed at $16.05.
For FibroGen Inc (NASDAQ:FGEN), William Blair downgraded the previous rating of Outperform to Market Perform. For the first quarter, FibroGen had an EPS of $0.81, compared to year-ago quarter EPS of $0.68. The current stock performance of FibroGen shows a 52-week-high of $25.69 and a 52-week-low of $10.46. Moreover, at the end of the last trading period, the closing price was at $16.05.
According to B. Riley Securities, the prior rating for Green Brick Partners Inc (NYSE:GRBK) was changed from Buy to Neutral. Green Brick Partners earned $1.37 in the first quarter, compared to $1.20 in the year-ago quarter. The current stock performance of Green Brick Partners shows a 52-week-high of $57.18 and a 52-week-low of $18.02. Moreover, at the end of the last trading period, the closing price was at $54.63.
For Unity Biotechnology Inc (NASDAQ:UBX), Wedbush downgraded the previous rating of Outperform to Neutral. In the first quarter, Unity Biotechnology showed an EPS of $0.76, compared to $2.80 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.50 and a 52-week-low of $1.46. Unity Biotechnology closed at $3.25 at the end of the last trading period.
Gordon Haskett downgraded the previous rating for Ross Stores Inc (NASDAQ:ROST) from Buy to Accumulate. In the first quarter, Ross Stores showed an EPS of $1.09, compared to $0.97 from the year-ago quarter. The current stock performance of Ross Stores shows a 52-week-high of $122.44 and a 52-week-low of $69.24. Moreover, at the end of the last trading period, the closing price was at $108.66.
According to B of A Securities, the prior rating for World Kinect Corp (NYSE:WKC) was changed from Buy to Underperform. The current stock performance of World Kinect shows a 52-week-high of $25.10 and a 52-week-low of $21.14. Moreover, at the end of the last trading period, the closing price was at $22.63.
According to B of A Securities, the prior rating for Playa Hotels & Resorts NV (NASDAQ:PLYA) was changed from Buy to Underperform. In the first quarter, Playa Hotels & Resorts showed an EPS of $0.31, compared to $0.19 from the year-ago quarter. The current stock performance of Playa Hotels & Resorts shows a 52-week-high of $9.77 and a 52-week-low of $5.34. Moreover, at the end of the last trading period, the closing price was at $8.58.
JP Morgan downgraded the previous rating for Mercury Systems Inc (NASDAQ:MRCY) from Overweight to Neutral. Mercury Sys earned $0.40 in the third quarter, compared to $0.57 in the year-ago quarter. The stock has a 52-week-high of $65.41 and a 52-week-low of $34.13. At the end of the last trading period, Mercury Sys closed at $34.87.
For Northwest Healthcare Properties Real Estate Investment Trust (OTC:NWHUF), BMO Capital downgraded the previous rating of Outperform to Market Perform.
UBS downgraded the previous rating for Alphabet Inc (NASDAQ:GOOG) from Buy to Neutral. In the first quarter, Alphabet showed an EPS of $1.17, compared to $1.23 from the year-ago quarter. The current stock performance of Alphabet shows a 52-week-high of $129.55 and a 52-week-low of $83.46. Moreover, at the end of the last trading period, the closing price was at $123.02.
According to BMO Capital, the prior rating for Celanese Corp (NYSE:CE) was changed from Outperform to Market Perform. In the first quarter, Celanese showed an EPS of $2.01, compared to $5.54 from the year-ago quarter. At the moment, the stock has a 52-week-high of $128.35 and a 52-week-low of $86.73. Celanese closed at $109.46 at the end of the last trading period.
For Ashland Inc (NYSE:ASH), BMO Capital downgraded the previous rating of Outperform to Market Perform. In the second quarter, Ashland showed an EPS of $1.43, compared to $1.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $114.32 and a 52-week-low of $81.82. Ashland closed at $81.95 at the end of the last trading period.
According to Jefferies, the prior rating for CalAmp Corp (NASDAQ:CAMP) was changed from Buy to Hold. For the fourth quarter, CalAmp had an EPS of $0.06, compared to year-ago quarter EPS of $0.01. The current stock performance of CalAmp shows a 52-week-high of $7.25 and a 52-week-low of $1.61. Moreover, at the end of the last trading period, the closing price was at $1.71.
For Tesla Inc (NASDAQ:TSLA), Goldman Sachs downgraded the previous rating of Buy to Neutral. In the first quarter, Tesla showed an EPS of $0.85, compared to $1.07 from the year-ago quarter. The stock has a 52-week-high of $314.67 and a 52-week-low of $101.81. At the end of the last trading period, Tesla closed at $256.60.
Needham downgraded the previous rating for DICE Therapeutics Inc (NASDAQ:DICE) from Buy to Hold. For the first quarter, DICE Therapeutics had an EPS of $0.54, compared to year-ago quarter EPS of $0.50. The current stock performance of DICE Therapeutics shows a 52-week-high of $46.75 and a 52-week-low of $14.44. Moreover, at the end of the last trading period, the closing price was at $46.70.
See all analyst ratings downgrades.
Initiations
With a Sell rating, BWS Financial initiated coverage on Impinj Inc (NASDAQ:PI). The price target seems to have been set at $45.00 for Impinj. For the first quarter, Impinj had an EPS of $0.30, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $144.90 and a 52-week-low of $50.96. At the end of the last trading period, Impinj closed at $86.99.
William Blair initiated coverage on Cross Country Healthcare Inc (NASDAQ:CCRN) with an Outperform rating. Cross Country Healthcare earned $0.84 in the first quarter, compared to $1.70 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.05 and a 52-week-low of $18.77. Cross Country Healthcare closed at $26.50 at the end of the last trading period.
Wells Fargo initiated coverage on Cheesecake Factory Inc (NASDAQ:CAKE) with a Equal-Weight rating. The price target for Cheesecake Factory is set to $33.00. In the first quarter, Cheesecake Factory showed an EPS of $0.61, compared to $0.47 from the year-ago quarter. The current stock performance of Cheesecake Factory shows a 52-week-high of $41.28 and a 52-week-low of $26.07. Moreover, at the end of the last trading period, the closing price was at $32.35.
With a Equal-Weight rating, Wells Fargo initiated coverage on Texas Roadhouse Inc (NASDAQ:TXRH). The price target seems to have been set at $113.00 for Texas Roadhouse. For the first quarter, Texas Roadhouse had an EPS of $1.28, compared to year-ago quarter EPS of $1.08. At the moment, the stock has a 52-week-high of $116.72 and a 52-week-low of $71.35. Texas Roadhouse closed at $108.81 at the end of the last trading period.
Wells Fargo initiated coverage on Brinker International Inc (NYSE:EAT) with an Underweight rating. The price target for Brinker International is set to $31.00. In the third quarter, Brinker International showed an EPS of $1.23, compared to $0.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $42.12 and a 52-week-low of $21.48. Brinker International closed at $34.05 at the end of the last trading period.
Capital One initiated coverage on MongoDB Inc (NASDAQ:MDB) with a Equal-Weight rating. The price target for MongoDB is set to $396.00. For the first quarter, MongoDB had an EPS of $0.56, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $398.89 and a 52-week-low of $135.17. MongoDB closed at $389.99 at the end of the last trading period.
With a Buy rating, Needham initiated coverage on Enovis Corp (NYSE:ENOV). The price target seems to have been set at $70.00 for Enovis. In the first quarter, Enovis showed an EPS of $0.44, compared to $0.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $66.71 and a 52-week-low of $44.07. Enovis closed at $59.86 at the end of the last trading period.
UBS initiated coverage on EnLink Midstream LLC (NYSE:ENLC) with a Buy rating. The price target for EnLink Midstream is set to $14.00. EnLink Midstream earned $0.12 in the first quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $13.58 and a 52-week-low of $7.77. EnLink Midstream closed at $9.75 at the end of the last trading period.
With a Neutral rating, UBS initiated coverage on Western Midstream Partners LP (NYSE:WES). The price target seems to have been set at $27.00 for Western Midstream. For the first quarter, Western Midstream had an EPS of $0.66, compared to year-ago quarter EPS of $0.75. The current stock performance of Western Midstream shows a 52-week-high of $29.11 and a 52-week-low of $21.98. Moreover, at the end of the last trading period, the closing price was at $26.41.