Benzinga's Top Ratings Upgrades, Downgrades For May 2, 2023
Upgrades
According to Colliers Securities, the prior rating for Centerspace (NYSE:CSR) was changed from Neutral to Buy. In the first quarter, Centerspace showed an EPS of $1.07, compared to $0.98 from the year-ago quarter. The stock has a 52-week-high of $96.84 and a 52-week-low of $51.26. At the end of the last trading period, Centerspace closed at $56.87.
According to Bernstein, the prior rating for Roper Technologies Inc (NYSE:ROP) was changed from Market Perform to Outperform. Roper Techs earned $3.90 in the first quarter, compared to $3.77 in the year-ago quarter. At the moment, the stock has a 52-week-high of $481.65 and a 52-week-low of $357.25. Roper Techs closed at $458.63 at the end of the last trading period.
For Okta Inc (NASDAQ:OKTA), OTR Global upgraded the previous rating of Negative to Mixed. For the fourth quarter, Okta had an EPS of $0.30, compared to year-ago quarter EPS of $0.18. The current stock performance of Okta shows a 52-week-high of $131.00 and a 52-week-low of $44.13. Moreover, at the end of the last trading period, the closing price was at $68.64.
For Annaly Capital Management Inc (NYSE:NLY), Piper Sandler upgraded the previous rating of Neutral to Overweight. For the first quarter, Annaly Capital Management had an EPS of $0.81, compared to year-ago quarter EPS of $1.12. At the moment, the stock has a 52-week-high of $27.94 and a 52-week-low of $15.11. Annaly Capital Management closed at $19.32 at the end of the last trading period.
According to RBC Capital, the prior rating for VSE Corp (NASDAQ:VSEC) was changed from Sector Perform to Outperform. VSE earned $0.83 in the first quarter, compared to $0.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $59.15 and a 52-week-low of $32.28. VSE closed at $42.98 at the end of the last trading period.
For PENN Entertainment Inc (NASDAQ:PENN), Roth MKM upgraded the previous rating of Neutral to Buy. For the fourth quarter, PENN Entertainment had an EPS of $0.13, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $39.35 and a 52-week-low of $25.49. At the end of the last trading period, PENN Entertainment closed at $30.53.
Morgan Stanley upgraded the previous rating for HP Inc (NYSE:HPQ) from Underweight to Equal-Weight. HP earned $0.75 in the first quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $40.74 and a 52-week-low of $24.08. At the end of the last trading period, HP closed at $29.96.
According to Morgan Stanley, the prior rating for Dell Technologies Inc (NYSE:DELL) was changed from Equal-Weight to Overweight. In the fourth quarter, Dell Technologies showed an EPS of $1.80, compared to $1.72 from the year-ago quarter. The stock has a 52-week-high of $52.56 and a 52-week-low of $32.90. At the end of the last trading period, Dell Technologies closed at $43.82.
According to Goldman Sachs, the prior rating for Genuine Parts Co (NYSE:GPC) was changed from Sell to Neutral. In the first quarter, Genuine Parts showed an EPS of $2.14, compared to $1.86 from the year-ago quarter. The current stock performance of Genuine Parts shows a 52-week-high of $187.61 and a 52-week-low of $125.58. Moreover, at the end of the last trading period, the closing price was at $170.92.
See all analyst ratings upgrades.
Downgrades
Northland Capital Markets downgraded the previous rating for Chegg Inc (NYSE:CHGG) from Outperform to Market Perform. Chegg earned $0.27 in the first quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $30.05 and a 52-week-low of $15.25. At the end of the last trading period, Chegg closed at $17.60.
Argus Research downgraded the previous rating for PACCAR Inc (NASDAQ:PCAR) from Buy to Hold. In the first quarter, PACCAR showed an EPS of $2.25, compared to $1.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.72 and a 52-week-low of $51.33. PACCAR closed at $74.79 at the end of the last trading period.
For E2open Parent Holdings Inc (NYSE:ETWO), Craig-Hallum downgraded the previous rating of Buy to Hold. In the fourth quarter, E2open Parent Holdings showed an EPS of $0.07, compared to $0.08 from the year-ago quarter. The current stock performance of E2open Parent Holdings shows a 52-week-high of $9.18 and a 52-week-low of $4.90. Moreover, at the end of the last trading period, the closing price was at $6.24.
Barclays downgraded the previous rating for Capri Holdings Ltd (NYSE:CPRI) from Overweight to Equal-Weight. For the third quarter, Capri Holdings had an EPS of $1.84, compared to year-ago quarter EPS of $2.22. At the moment, the stock has a 52-week-high of $69.25 and a 52-week-low of $36.91. Capri Holdings closed at $41.36 at the end of the last trading period.
According to Barclays, the prior rating for FIGS Inc (NYSE:FIGS) was changed from Equal-Weight to Underweight. In the fourth quarter, FIGS showed an EPS of $0.05, compared to $0.09 from the year-ago quarter. The current stock performance of FIGS shows a 52-week-high of $16.57 and a 52-week-low of $5.55. Moreover, at the end of the last trading period, the closing price was at $7.25.
Barclays downgraded the previous rating for Victoria's Secret & Co (NYSE:VSCO) from Overweight to Equal-Weight. Victoria's Secret earned $2.47 in the fourth quarter, compared to $2.70 in the year-ago quarter. The current stock performance of Victoria's Secret shows a 52-week-high of $50.88 and a 52-week-low of $26.16. Moreover, at the end of the last trading period, the closing price was at $30.00.
According to Barclays, the prior rating for Canada Goose Holdings Inc (NYSE:GOOS) was changed from Overweight to Equal-Weight. For the third quarter, Canada Goose Hldgs had an EPS of $0.95, compared to year-ago quarter EPS of $1.13. The stock has a 52-week-high of $24.73 and a 52-week-low of $14.51. At the end of the last trading period, Canada Goose Hldgs closed at $19.79.
Barclays downgraded the previous rating for National Vision Holdings Inc (NASDAQ:EYE) from Overweight to Equal-Weight. For the fourth quarter, National Vision Holdings had an EPS of $0.08, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $43.82 and a 52-week-low of $17.25. National Vision Holdings closed at $21.39 at the end of the last trading period.
According to Barclays, the prior rating for Under Armour Inc (NYSE:UAA) was changed from Overweight to Equal-Weight. In the third quarter, Under Armour showed an EPS of $0.16, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $15.79 and a 52-week-low of $6.39. At the end of the last trading period, Under Armour closed at $8.62.
B of A Securities downgraded the previous rating for Quest Diagnostics Inc (NYSE:DGX) from Buy to Neutral. Quest Diagnostics earned $2.04 in the first quarter, compared to $3.22 in the year-ago quarter. The stock has a 52-week-high of $158.34 and a 52-week-low of $120.40. At the end of the last trading period, Quest Diagnostics closed at $139.48.
For SoFi Technologies Inc (NASDAQ:SOFI), Wedbush downgraded the previous rating of Outperform to Neutral. For the first quarter, SoFi Techs had an EPS of $0.05, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $8.52 and a 52-week-low of $4.25. At the end of the last trading period, SoFi Techs closed at $5.47.
HC Wainwright & Co. downgraded the previous rating for IMV Inc (NASDAQ:IMV) from Buy to Neutral. For the fourth quarter, IMV had an EPS of $0.95, compared to year-ago quarter EPS of $1.40.
HC Wainwright & Co. downgraded the previous rating for IVERIC bio Inc (NASDAQ:ISEE) from Buy to Neutral. IVERIC bio earned $0.47 in the fourth quarter, compared to $0.29 in the year-ago quarter. The current stock performance of IVERIC bio shows a 52-week-high of $38.25 and a 52-week-low of $8.88. Moreover, at the end of the last trading period, the closing price was at $38.05.
For Chegg Inc (NYSE:CHGG), Jefferies downgraded the previous rating of Buy to Hold. Chegg earned $0.27 in the first quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.05 and a 52-week-low of $15.25. Chegg closed at $17.60 at the end of the last trading period.
For Shoals Technologies Group Inc (NASDAQ:SHLS), Barclays downgraded the previous rating of Equal-Weight to Underweight. In the fourth quarter, Shoals Technologies Gr showed an EPS of $0.15, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.37 and a 52-week-low of $9.72. Shoals Technologies Gr closed at $20.29 at the end of the last trading period.
For Walker & Dunlop Inc (NYSE:WD), JMP Securities downgraded the previous rating of Market Outperform to Market Perform. In the fourth quarter, Walker & Dunlop showed an EPS of $1.24, compared to $2.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $125.62 and a 52-week-low of $62.87. Walker & Dunlop closed at $67.18 at the end of the last trading period.
For Coinbase Global Inc (NASDAQ:COIN), Citigroup downgraded the previous rating of Buy to Neutral. Coinbase Glb earned $2.46 in the fourth quarter, compared to $3.32 in the year-ago quarter. The stock has a 52-week-high of $132.72 and a 52-week-low of $31.55. At the end of the last trading period, Coinbase Glb closed at $50.14.
See all analyst ratings downgrades.
Initiations
Lake Street initiated coverage on Evogene Ltd (NASDAQ:EVGN) with a Buy rating. The price target for Evogene is set to $2.00. In the fourth quarter, Evogene showed an EPS of $0.07, compared to $0.18 from the year-ago quarter. The current stock performance of Evogene shows a 52-week-high of $1.30 and a 52-week-low of $0.55. Moreover, at the end of the last trading period, the closing price was at $0.56.
Northland Capital Markets initiated coverage on Teradata Corp (NYSE:TDC) with an Outperform rating. The price target for Teradata is set to $63.00. Teradata earned $0.35 in the fourth quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Teradata shows a 52-week-high of $42.79 and a 52-week-low of $28.74. Moreover, at the end of the last trading period, the closing price was at $41.04.
Northcoast Research initiated coverage on Brinker International Inc (NYSE:EAT) with a Neutral rating. Brinker International earned $0.76 in the second quarter, compared to $0.71 in 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 $40.28 at the end of the last trading period.
With a Strong Buy rating, Raymond James initiated coverage on AlTi Global Inc (NASDAQ:ALTI). The price target seems to have been set at $8.00 for AlTi Global. AlTi Global earned $0.21 in the fourth quarter, compared to $0.01 in the year-ago quarter. The current stock performance of AlTi Global shows a 52-week-high of $27.50 and a 52-week-low of $5.54. Moreover, at the end of the last trading period, the closing price was at $5.95.
For ChargePoint Holdings Inc (NYSE:CHPT), Guggenheim initiated coverage, by setting the current rating at Neutral. ChargePoint Hldgs earned $0.13 in the fourth quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $19.92 and a 52-week-low of $8.07. ChargePoint Hldgs closed at $8.46 at the end of the last trading period.
For Sana Biotechnology Inc (NASDAQ:SANA), HC Wainwright & Co. initiated coverage, by setting the current rating at Neutral. For the fourth quarter, Sana Biotechnology had an EPS of $0.40, compared to year-ago quarter EPS of $0.65. At the moment, the stock has a 52-week-high of $9.55 and a 52-week-low of $2.99. Sana Biotechnology closed at $5.47 at the end of the last trading period.
With a Market Outperform rating, JMP Securities initiated coverage on Planet Labs PBC (NYSE:PL). The price target seems to have been set at $5.50 for Planet Labs. For the fourth quarter, Planet Labs had an EPS of $0.14, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $7.51 and a 52-week-low of $3.29. Planet Labs closed at $4.01 at the end of the last trading period.
UBS initiated coverage on Ameresco Inc (NYSE:AMRC) with a Buy rating. The price target for Ameresco is set to $60.00. Ameresco earned $0.03 in the first quarter, compared to $0.36 in the year-ago quarter. The stock has a 52-week-high of $76.52 and a 52-week-low of $40.61. At the end of the last trading period, Ameresco closed at $40.78.
Rosenblatt initiated coverage on Zscaler Inc (NASDAQ:ZS) with a Buy rating. The price target for Zscaler is set to $135.00. For the second quarter, Zscaler had an EPS of $0.37, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $217.01 and a 52-week-low of $87.35. Zscaler closed at $88.74 at the end of the last trading period.
Rosenblatt initiated coverage on CyberArk Software Ltd (NASDAQ:CYBR) with a Buy rating. The price target for CyberArk Software is set to $175.00. CyberArk Software earned $0.16 in the fourth quarter, compared to $0.28 in the year-ago quarter. At the moment, the stock has a 52-week-high of $165.00 and a 52-week-low of $100.35. CyberArk Software closed at $124.93 at the end of the last trading period.
Stifel initiated coverage on Gildan Activewear Inc (NYSE:GIL) with a Buy rating. The price target for Gildan Activewear is set to $38.00. In the fourth quarter, Gildan Activewear showed an EPS of $0.65, compared to $0.76 from the year-ago quarter. The stock has a 52-week-high of $35.77 and a 52-week-low of $25.68. At the end of the last trading period, Gildan Activewear closed at $32.40.
Rosenblatt initiated coverage on Palo Alto Networks Inc (NASDAQ:PANW) with a Buy rating. The price target for Palo Alto Networks is set to $250.00. For the second quarter, Palo Alto Networks had an EPS of $1.05, compared to year-ago quarter EPS of $0.58. The current stock performance of Palo Alto Networks shows a 52-week-high of $203.44 and a 52-week-low of $132.22. Moreover, at the end of the last trading period, the closing price was at $183.30.
With a Buy rating, Rosenblatt initiated coverage on CrowdStrike Holdings Inc (NASDAQ:CRWD). The price target seems to have been set at $170.00 for CrowdStrike Holdings. CrowdStrike Holdings earned $0.47 in the fourth quarter, compared to $0.30 in the year-ago quarter. The stock has a 52-week-high of $212.10 and a 52-week-low of $92.25. At the end of the last trading period, CrowdStrike Holdings closed at $118.79.
Rosenblatt initiated coverage on Fortinet Inc (NASDAQ:FTNT) with a Buy rating. The price target for Fortinet is set to $80.00. Fortinet earned $0.44 in the fourth quarter, compared to $0.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.07 and a 52-week-low of $42.69. Fortinet closed at $62.81 at the end of the last trading period.