Benzinga's Top Ratings Upgrades, Downgrades For March 3, 2023
Upgrades
JP Morgan upgraded the previous rating for Casey's General Stores Inc (NASDAQ:CASY) from Underweight to Neutral. In the second quarter, Casey's General Stores showed an EPS of $3.67, compared to $2.59 from the year-ago quarter. The stock has a 52-week-high of $249.90 and a 52-week-low of $170.82. At the end of the last trading period, Casey's General Stores closed at $211.24.
Craig-Hallum upgraded the previous rating for LivePerson Inc (NASDAQ:LPSN) from Hold to Buy. For the third quarter, LivePerson had an EPS of $0.09, compared to year-ago quarter EPS of $0.47. The current stock performance of LivePerson shows a 52-week-high of $26.66 and a 52-week-low of $7.96. Moreover, at the end of the last trading period, the closing price was at $9.63.
Goldman Sachs upgraded the previous rating for Samsara Inc (NYSE:IOT) from Neutral to Buy. Samsara earned $0.02 in the fourth quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Samsara shows a 52-week-high of $19.45 and a 52-week-low of $8.42. Moreover, at the end of the last trading period, the closing price was at $16.88.
Evercore ISI Group upgraded the previous rating for Neurocrine Biosciences Inc (NASDAQ:NBIX) from In-Line to Outperform. For the fourth quarter, Neurocrine Biosciences had an EPS of $1.24, compared to year-ago quarter EPS of $0.04. The current stock performance of Neurocrine Biosciences shows a 52-week-high of $129.29 and a 52-week-low of $75.25. Moreover, at the end of the last trading period, the closing price was at $100.16.
For Bilibili Inc (NASDAQ:BILI), Citigroup upgraded the previous rating of Neutral to Buy. Bilibili earned $0.48 in the fourth quarter, compared to $0.66 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.00 and a 52-week-low of $8.23. Bilibili closed at $21.57 at the end of the last trading period.
According to UBS, the prior rating for First Solar Inc (NASDAQ:FSLR) was changed from Neutral to Buy. First Solar earned $0.07 in the fourth quarter, compared to $1.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $199.35 and a 52-week-low of $59.60. First Solar closed at $198.22 at the end of the last trading period.
For Ardelyx Inc (NASDAQ:ARDX), Wedbush upgraded the previous rating of Neutral to Outperform. In the fourth quarter, Ardelyx showed an EPS of $0.06, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $3.43 and a 52-week-low of $0.49. At the end of the last trading period, Ardelyx closed at $2.89.
DA Davidson upgraded the previous rating for Asana Inc (NYSE:ASAN) from Neutral to Buy. In the third quarter, Asana showed an EPS of $0.26, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $55.10 and a 52-week-low of $11.32. Asana closed at $15.32 at the end of the last trading period.
According to BMO Capital, the prior rating for Empire State Realty Trust Inc (NYSE:ESRT) was changed from Market Perform to Outperform. For the fourth quarter, Empire State Realty Trust had an EPS of $0.22, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $10.05 and a 52-week-low of $6.24. Empire State Realty Trust closed at $7.63 at the end of the last trading period.
Scotiabank upgraded the previous rating for The Toronto-Dominion Bank (NYSE:TD) from Sector Perform to Sector Outperform. Toronto-Dominion Bank earned $1.65 in the first quarter, compared to $1.64 in the year-ago quarter. The stock has a 52-week-high of $82.64 and a 52-week-low of $57.27. At the end of the last trading period, Toronto-Dominion Bank closed at $65.07.
For The Kroger Co (NYSE:KR), JP Morgan upgraded the previous rating of Neutral to Overweight. In the fourth quarter, Kroger showed an EPS of $0.99, compared to $0.91 from the year-ago quarter. The current stock performance of Kroger shows a 52-week-high of $62.78 and a 52-week-low of $41.81. Moreover, at the end of the last trading period, the closing price was at $45.73.
For RadNet Inc (NASDAQ:RDNT), Raymond James upgraded the previous rating of Market Perform to Outperform. In the fourth quarter, RadNet showed an EPS of $0.11, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.41 and a 52-week-low of $12.03. RadNet closed at $23.81 at the end of the last trading period.
According to Deutsche Bank, the prior rating for Flowers Foods Inc (NYSE:FLO) was changed from Sell to Hold. In the fourth quarter, Flowers Foods showed an EPS of $0.23, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $30.16 and a 52-week-low of $24.15. At the end of the last trading period, Flowers Foods closed at $27.75.
For Marathon Petroleum Corp (NYSE:MPC), Jefferies upgraded the previous rating of Hold to Buy. Marathon Petroleum earned $6.65 in the fourth quarter, compared to $1.30 in the year-ago quarter. The current stock performance of Marathon Petroleum shows a 52-week-high of $136.46 and a 52-week-low of $73.17. Moreover, at the end of the last trading period, the closing price was at $129.63.
JP Morgan upgraded the previous rating for Procter & Gamble Co (NYSE:PG) from Neutral to Overweight. Procter & Gamble earned $1.59 in the second quarter, compared to $1.66 in the year-ago quarter. The current stock performance of Procter & Gamble shows a 52-week-high of $164.90 and a 52-week-low of $122.18. Moreover, at the end of the last trading period, the closing price was at $139.93.
According to Wells Fargo, the prior rating for Pioneer Natural Resources Co (NYSE:PXD) was changed from Underweight to Equal-Weight. In the fourth quarter, Pioneer Natural Resources showed an EPS of $5.91, compared to $4.58 from the year-ago quarter. At the moment, the stock has a 52-week-high of $288.46 and a 52-week-low of $190.99. Pioneer Natural Resources closed at $209.80 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
According to Craig-Hallum, the prior rating for CareDx Inc (NASDAQ:CDNA) was changed from Buy to Hold. CareDx earned $0.07 in the fourth quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $41.50 and a 52-week-low of $9.05. At the end of the last trading period, CareDx closed at $10.77.
According to RBC Capital, the prior rating for StepStone Group Inc (NASDAQ:STEP) was changed from Outperform to Sector Perform. For the third quarter, StepStone Group had an EPS of $0.27, compared to year-ago quarter EPS of $0.42. The stock has a 52-week-high of $35.16 and a 52-week-low of $22.39. At the end of the last trading period, StepStone Group closed at $28.92.
Raymond James downgraded the previous rating for CareDx Inc (NASDAQ:CDNA) from Strong Buy to Market Perform. CareDx earned $0.07 in the fourth quarter, compared to $0.03 in the year-ago quarter. At the moment, the stock has a 52-week-high of $41.50 and a 52-week-low of $9.05. CareDx closed at $10.77 at the end of the last trading period.
For Vornado Realty Trust (NYSE:VNO), BMO Capital downgraded the previous rating of Market Perform to Underperform. For the fourth quarter, Vornado Realty had an EPS of $0.72, compared to year-ago quarter EPS of $0.81. The stock has a 52-week-high of $47.26 and a 52-week-low of $19.15. At the end of the last trading period, Vornado Realty closed at $19.60.
BMO Capital downgraded the previous rating for Douglas Emmett Inc (NYSE:DEI) from Market Perform to Underperform. For the fourth quarter, Douglas Emmett had an EPS of $0.51, compared to year-ago quarter EPS of $0.48. The current stock performance of Douglas Emmett shows a 52-week-high of $34.70 and a 52-week-low of $13.77. Moreover, at the end of the last trading period, the closing price was at $14.28.
For Domino's Pizza Inc (NYSE:DPZ), Gordon Haskett downgraded the previous rating of Buy to Hold. Domino's Pizza earned $4.43 in the fourth quarter, compared to $4.25 in the year-ago quarter. The stock has a 52-week-high of $430.94 and a 52-week-low of $291.00. At the end of the last trading period, Domino's Pizza closed at $305.32.
For Radius Global Infrastructure Inc (NASDAQ:RADI), Credit Suisse downgraded the previous rating of Outperform to Neutral. For the third quarter, Radius Global Infr had an EPS of $0.23, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $16.52 and a 52-week-low of $7.97. Radius Global Infr closed at $14.59 at the end of the last trading period.
According to JP Morgan, the prior rating for Itron Inc (NASDAQ:ITRI) was changed from Neutral to Underweight. Itron earned $0.71 in the fourth quarter, compared to $0.75 in the year-ago quarter. The stock has a 52-week-high of $60.61 and a 52-week-low of $39.38. At the end of the last trading period, Itron closed at $56.78.
According to JP Morgan, the prior rating for Hormel Foods Corp (NYSE:HRL) was changed from Neutral to Underweight. For the first quarter, Hormel Foods had an EPS of $0.40, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $55.11 and a 52-week-low of $40.72. Hormel Foods closed at $41.83 at the end of the last trading period.
UBS downgraded the previous rating for DLocal Ltd (NASDAQ:DLO) from Buy to Sell. In the third quarter, DLocal showed an EPS of $0.10, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $35.96 and a 52-week-low of $9.03. At the end of the last trading period, DLocal closed at $15.50.
William Blair downgraded the previous rating for BRP Group Inc (NASDAQ:BRP) from Outperform to Market Perform. In the fourth quarter, BRP Group showed an EPS of $0.12, compared to $0.10 from the year-ago quarter. The current stock performance of BRP Group shows a 52-week-high of $33.34 and a 52-week-low of $17.08. Moreover, at the end of the last trading period, the closing price was at $27.86.
Raymond James downgraded the previous rating for Radius Global Infrastructure Inc (NASDAQ:RADI) from Strong Buy to Underperform. Radius Global Infr earned $0.23 in the third quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.52 and a 52-week-low of $7.97. Radius Global Infr closed at $14.59 at the end of the last trading period.
For Altra Industrial Motion Corp (NASDAQ:AIMC), Loop Capital downgraded the previous rating of Buy to Hold. For the fourth quarter, Altra Industrial Motion had an EPS of $0.73, compared to year-ago quarter EPS of $0.67. The current stock performance of Altra Industrial Motion shows a 52-week-high of $61.73 and a 52-week-low of $32.18. Moreover, at the end of the last trading period, the closing price was at $61.70.
For Tesla Inc (NASDAQ:TSLA), KGI Securities downgraded the previous rating of Outperform to Neutral. For the fourth quarter, Tesla had an EPS of $1.19, compared to year-ago quarter EPS of $0.85. The current stock performance of Tesla shows a 52-week-high of $384.29 and a 52-week-low of $101.81. Moreover, at the end of the last trading period, the closing price was at $190.90.
For Chesapeake Energy Corp (NASDAQ:CHK), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Chesapeake Energy earned $4.22 in the fourth quarter, compared to $2.39 in the year-ago quarter. The stock has a 52-week-high of $107.31 and a 52-week-low of $72.50. At the end of the last trading period, Chesapeake Energy closed at $82.08.
See all analyst ratings downgrades.
Initiations
For Enliven Therapeutics Inc (NASDAQ:ELVN), TD Cowen initiated coverage, by setting the current rating at Outperform. At the moment, the stock has a 52-week-high of $25.34 and a 52-week-low of $19.24. Enliven Therapeutics closed at $23.45 at the end of the last trading period.
Dawson James initiated coverage on Geovax Labs Inc (NASDAQ:GOVX) with a Buy rating. The price target for Geovax Labs is set to $4.00. For the third quarter, Geovax Labs had an EPS of $0.17, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $4.30 and a 52-week-low of $0.53. At the end of the last trading period, Geovax Labs closed at $0.72.
For The Trade Desk Inc (NASDAQ:TTD), BTIG initiated coverage, by setting the current rating at Neutral. Trade Desk earned $0.38 in the fourth quarter, compared to $0.42 in the year-ago quarter. The current stock performance of Trade Desk shows a 52-week-high of $83.46 and a 52-week-low of $39.00. Moreover, at the end of the last trading period, the closing price was at $56.39.
Compass Point initiated coverage on CompoSecure Inc (NASDAQ:CMPO) with a Buy rating. The price target for CompoSecure is set to $15.00. In the fourth quarter, CompoSecure showed an EPS of $0.20, compared to $1.34 from the year-ago quarter. The stock has a 52-week-high of $8.13 and a 52-week-low of $4.26. At the end of the last trading period, CompoSecure closed at $6.43.
Jefferies initiated coverage on Nogin Inc (NASDAQ:NOGN) with a Hold rating. The price target for Nogin is set to $0.50. The current stock performance of Nogin shows a 52-week-high of $9.99 and a 52-week-low of $0.41. Moreover, at the end of the last trading period, the closing price was at $0.50.