Benzinga's Top Ratings Upgrades, Downgrades For June 9, 2023
Upgrades
Stifel upgraded the previous rating for Repare Therapeutics Inc (NASDAQ:RPTX) from Hold to Buy. Repare Therapeutics earned $0.83 in the first quarter, compared to $0.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.59 and a 52-week-low of $8.53. Repare Therapeutics closed at $11.92 at the end of the last trading period.
According to Canaccord Genuity, the prior rating for Triple Flag Precious Metals Corp (NYSE:TFPM) was changed from Hold to Buy.
For Vertiv Holdings Co (NYSE:VRT), Vertical Research upgraded the previous rating of Hold to Buy. For the first quarter, Vertiv Hldgs had an EPS of $0.24, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $20.68 and a 52-week-low of $7.76. Vertiv Hldgs closed at $20.58 at the end of the last trading period.
According to Wells Fargo, the prior rating for Adobe Inc (NASDAQ:ADBE) was changed from Equal-Weight to Overweight. Adobe earned $3.80 in the first quarter, compared to $3.37 in the year-ago quarter. The current stock performance of Adobe shows a 52-week-high of $451.09 and a 52-week-low of $274.80. Moreover, at the end of the last trading period, the closing price was at $439.03.
Daiwa Capital upgraded the previous rating for Trip.com Group Ltd (NASDAQ:TCOM) from Outperform to Buy. Trip.com Group earned $0.45 in the first quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.17 and a 52-week-low of $19.26. Trip.com Group closed at $36.15 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Corning Inc (NYSE:GLW) was changed from Equal-Weight to Overweight. For the first quarter, Corning had an EPS of $0.41, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $37.72 and a 52-week-low of $28.98. At the end of the last trading period, Corning closed at $31.68.
For Equity Residential (NYSE:EQR), Piper Sandler upgraded the previous rating of Underweight to Neutral. For the first quarter, Equity Residential had an EPS of $0.87, compared to year-ago quarter EPS of $0.77. At the moment, the stock has a 52-week-high of $80.87 and a 52-week-low of $54.60. Equity Residential closed at $65.23 at the end of the last trading period.
For Trip.com Group Ltd (NASDAQ:TCOM), China Renaissance upgraded the previous rating of Hold to Buy. In the first quarter, Trip.com Group showed an EPS of $0.45, compared to $0.01 from the year-ago quarter. The current stock performance of Trip.com Group shows a 52-week-high of $40.17 and a 52-week-low of $19.26. Moreover, at the end of the last trading period, the closing price was at $36.15.
For Principal Financial Group Inc (NASDAQ:PFG), Keefe, Bruyette & Woods upgraded the previous rating of Underperform to Market Perform. In the first quarter, Principal Finl Gr showed an EPS of $1.48, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $96.12 and a 52-week-low of $61.06. At the end of the last trading period, Principal Finl Gr closed at $70.83.
See all analyst ratings upgrades.
Downgrades
For Celanese Corp (NYSE:CE), Vertical Research downgraded the previous rating of Buy to Hold. Celanese earned $2.01 in the first quarter, compared to $5.54 in the year-ago quarter. The stock has a 52-week-high of $160.38 and a 52-week-low of $86.73. At the end of the last trading period, Celanese closed at $115.64.
According to Evercore ISI Group, the prior rating for Park Hotels & Resorts Inc (NYSE:PK) was changed from Outperform to In-Line. Park Hotels & Resorts earned $0.42 in the first quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $19.43 and a 52-week-low of $10.70. At the end of the last trading period, Park Hotels & Resorts closed at $14.24.
Citigroup downgraded the previous rating for Target Corp (NYSE:TGT) from Buy to Neutral. In the first quarter, Target showed an EPS of $2.05, compared to $2.19 from the year-ago quarter. The current stock performance of Target shows a 52-week-high of $183.84 and a 52-week-low of $126.75. Moreover, at the end of the last trading period, the closing price was at $131.27.
For UiPath Inc (NYSE:PATH), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. UiPath earned $0.11 in the first quarter, compared to $0.03 in the year-ago quarter. The current stock performance of UiPath shows a 52-week-high of $22.30 and a 52-week-low of $10.40. Moreover, at the end of the last trading period, the closing price was at $18.27.
According to Piper Sandler, the prior rating for Qualys Inc (NASDAQ:QLYS) was changed from Neutral to Underweight. In the first quarter, Qualys showed an EPS of $1.09, compared to $0.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $162.36 and a 52-week-low of $101.10. Qualys closed at $128.35 at the end of the last trading period.
According to Piper Sandler, the prior rating for First Northwest Bancorp (NASDAQ:FNWB) was changed from Overweight to Neutral. For the first quarter, First Northwest Bancorp had an EPS of $0.39, compared to year-ago quarter EPS of $0.30. The current stock performance of First Northwest Bancorp shows a 52-week-high of $17.25 and a 52-week-low of $9.94. Moreover, at the end of the last trading period, the closing price was at $11.85.
For Mayville Engineering Co Inc (NYSE:MEC), Baird downgraded the previous rating of Outperform to Neutral. Mayville Engineering earned $0.12 in the first quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.66 and a 52-week-low of $6.01. Mayville Engineering closed at $14.63 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
Alliance Global Partners initiated coverage on UpHealth Inc (NYSE:UPH) with a Buy rating. The price target for UpHealth is set to $4.30. For the first quarter, UpHealth had an EPS of $0.51, compared to year-ago quarter EPS of $0.60. At the moment, the stock has a 52-week-high of $9.49 and a 52-week-low of $1.27. UpHealth closed at $1.50 at the end of the last trading period.
With a Buy rating, DA Davidson initiated coverage on Knife River Holding Co (NYSE:KNF). The price target seems to have been set at $48.00 for Knife River Holding. The current stock performance of Knife River Holding shows a 52-week-high of $41.98 and a 52-week-low of $33.67. Moreover, at the end of the last trading period, the closing price was at $40.98.
With a Buy rating, Truist Securities initiated coverage on Leonardo DRS Inc (NASDAQ:DRS). The price target seems to have been set at $19.00 for Leonardo DRS. Leonardo DRS earned $0.07 in the first quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Leonardo DRS shows a 52-week-high of $16.72 and a 52-week-low of $9.11. Moreover, at the end of the last trading period, the closing price was at $16.67.
Susquehanna initiated coverage on RXO Inc (NYSE:RXO) with a Neutral rating. The price target for RXO is set to $20.00. In the first quarter, RXO showed an EPS of $0.11, compared to $0.39 from the year-ago quarter. The current stock performance of RXO shows a 52-week-high of $22.80 and a 52-week-low of $14.75. Moreover, at the end of the last trading period, the closing price was at $22.29.
With a Buy rating, Canaccord Genuity initiated coverage on Eve Holding Inc (NYSE:EVEX). The price target seems to have been set at $10.00 for Eve Holding. At the moment, the stock has a 52-week-high of $13.26 and a 52-week-low of $5.10. Eve Holding closed at $8.00 at the end of the last trading period.
With a Hold rating, Canaccord Genuity initiated coverage on Lilium NV (NASDAQ:LILM). The price target seems to have been set at $1.20 for Lilium. NoneAt the moment, the stock has a 52-week-high of $3.37 and a 52-week-low of $0.37. Lilium closed at $1.09 at the end of the last trading period.
Canaccord Genuity initiated coverage on Vertical Aerospace Ltd (NYSE:EVTL) with a Hold rating. The price target for Vertical Aerospace is set to $2.00. At the moment, the stock has a 52-week-high of $11.51 and a 52-week-low of $1.41. Vertical Aerospace closed at $1.88 at the end of the last trading period.
Canaccord Genuity initiated coverage on Joby Aviation Inc (NYSE:JOBY) with a Buy rating. The price target for Joby Aviation is set to $8.00. In the first quarter, Joby Aviation showed an EPS of $0.19, compared to $0.11 from the year-ago quarter. The current stock performance of Joby Aviation shows a 52-week-high of $7.14 and a 52-week-low of $3.15. Moreover, at the end of the last trading period, the closing price was at $6.26.
Canaccord Genuity initiated coverage on Archer Aviation Inc (NYSE:ACHR) with a Buy rating. The price target for Archer Aviation is set to $9.00. Archer Aviation earned $0.46 in the first quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $4.96 and a 52-week-low of $1.62. At the end of the last trading period, Archer Aviation closed at $3.06.
Roth MKM initiated coverage on Vision Marine Technologies Inc (NASDAQ:VMAR) with a Buy rating. The price target for Vision Marine is set to $6.00. In the second quarter, Vision Marine showed an EPS of $0.57, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.74 and a 52-week-low of $3.35. Vision Marine closed at $5.05 at the end of the last trading period.
With a Buy rating, B. Riley Securities initiated coverage on Loop Media Inc (AMEX:LPTV). The price target seems to have been set at $5.00 for Loop Media. In the second quarter, Loop Media showed an EPS of $0.17, compared to $0.11 from the year-ago quarter. The current stock performance of Loop Media shows a 52-week-high of $12.30 and a 52-week-low of $2.68. Moreover, at the end of the last trading period, the closing price was at $2.70.
