Benzinga's Top Ratings Upgrades, Downgrades For May 24, 2023
Upgrades
According to RBC Capital, the prior rating for Northland Power Inc (OTC:NPIFF) was changed from Sector Perform to Outperform.
BMO Capital upgraded the previous rating for Camping World Holdings Inc (NYSE:CWH) from Market Perform to Outperform. Camping World Holdings earned $0.14 in the first quarter, compared to $1.15 in the year-ago quarter. 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 $26.32.
For Accolade Inc (NASDAQ:ACCD), B of A Securities upgraded the previous rating of Neutral to Buy. For the fourth quarter, Accolade had an EPS of $0.42, compared to year-ago quarter EPS of $0.51. The current stock performance of Accolade shows a 52-week-high of $17.00 and a 52-week-low of $5.24. Moreover, at the end of the last trading period, the closing price was at $11.08.
According to Exane BNP Paribas, the prior rating for Workday Inc (NASDAQ:WDAY) was changed from Neutral to Outperform. Workday earned $0.99 in the fourth quarter, compared to $0.78 in the year-ago quarter. The current stock performance of Workday shows a 52-week-high of $206.68 and a 52-week-low of $128.73. Moreover, at the end of the last trading period, the closing price was at $192.87.
Jefferies upgraded the previous rating for Sherwin-Williams Co (NYSE:SHW) from Hold to Buy. For the first quarter, Sherwin-Williams had an EPS of $2.04, compared to year-ago quarter EPS of $1.61. At the moment, the stock has a 52-week-high of $278.25 and a 52-week-low of $195.57. Sherwin-Williams closed at $227.05 at the end of the last trading period.
For First Horizon Corp (NYSE:FHN), Jefferies upgraded the previous rating of Hold to Buy. In the first quarter, First Horizon showed an EPS of $0.45, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $24.90 and a 52-week-low of $8.99. At the end of the last trading period, First Horizon closed at $11.24.
For Urban Outfitters Inc (NASDAQ:URBN), Barclays upgraded the previous rating of Equal-Weight to Overweight. In the first quarter, Urban Outfitters showed an EPS of $0.56, compared to $0.33 from the year-ago quarter. The stock has a 52-week-high of $29.74 and a 52-week-low of $17.84. At the end of the last trading period, Urban Outfitters closed at $26.66.
According to Truist Securities, the prior rating for Berry Global Group Inc (NYSE:BERY) was changed from Hold to Buy. In the second quarter, Berry Global Gr showed an EPS of $1.96, compared to $1.93 from the year-ago quarter. The current stock performance of Berry Global Gr shows a 52-week-high of $66.21 and a 52-week-low of $44.60. Moreover, at the end of the last trading period, the closing price was at $58.53.
Barclays upgraded the previous rating for Owens-Corning Inc (NYSE:OC) from Equal-Weight to Overweight. Owens-Corning earned $2.77 in the first quarter, compared to $2.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $112.17 and a 52-week-low of $73.07. Owens-Corning closed at $108.12 at the end of the last trading period.
BTIG upgraded the previous rating for Organogenesis Holdings Inc (NASDAQ:ORGO) from Neutral to Buy. Organogenesis Hldgs earned $0.01 in the first quarter, compared to $0.01 in the year-ago quarter. The stock has a 52-week-high of $6.52 and a 52-week-low of $1.79. At the end of the last trading period, Organogenesis Hldgs closed at $3.44.
See all analyst ratings upgrades.
Downgrades
For Shopify Inc (NYSE:SHOP), Exane BNP Paribas downgraded the previous rating of Neutral to Underperform. For the first quarter, Shopify had an EPS of $0.01, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $65.54 and a 52-week-low of $23.64. At the end of the last trading period, Shopify closed at $58.33.
According to Veritas Research, the prior rating for Textron Inc (NYSE:TXT) was changed from Buy to Hold. Textron earned $1.05 in the first quarter, compared to $0.88 in the year-ago quarter. At the moment, the stock has a 52-week-high of $76.11 and a 52-week-low of $57.12. Textron closed at $63.97 at the end of the last trading period.
According to JP Morgan, the prior rating for Integra Lifesciences Holdings Corp (NASDAQ:IART) was changed from Neutral to Underweight. Integra Lifesciences earned $0.74 in the first quarter, compared to $0.74 in the year-ago quarter. At the moment, the stock has a 52-week-high of $62.94 and a 52-week-low of $39.78. Integra Lifesciences closed at $40.48 at the end of the last trading period.
For PDC Energy Inc (NASDAQ:PDCE), Mizuho downgraded the previous rating of Buy to Neutral. For the first quarter, PDC Energy had an EPS of $2.61, compared to year-ago quarter EPS of $3.66. At the moment, the stock has a 52-week-high of $89.20 and a 52-week-low of $51.72. PDC Energy closed at $71.72 at the end of the last trading period.
Barclays downgraded the previous rating for SiteOne Landscape Supply Inc (NYSE:SITE) from Equal-Weight to Underweight. SiteOne Landscape Supply earned $0.10 in the first quarter, compared to $0.70 in the year-ago quarter. At the moment, the stock has a 52-week-high of $165.32 and a 52-week-low of $97.51. SiteOne Landscape Supply closed at $148.07 at the end of the last trading period.
BMO Capital downgraded the previous rating for Superior Gold Inc (OTC:SUPGF) from Outperform to Market Perform. The current stock performance of Superior Gold shows a 52-week-high of $0.70 and a 52-week-low of $0.12. Moreover, at the end of the last trading period, the closing price was at $0.14.
According to Keybanc, the prior rating for Agilent Technologies Inc (NYSE:A) was changed from Overweight to Sector Weight. Agilent Technologies earned $1.27 in the second quarter, compared to $1.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $160.08 and a 52-week-low of $112.66. Agilent Technologies closed at $128.64 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
With an Overweight rating, Barclays initiated coverage on RXO Inc (NYSE:RXO). The price target seems to have been set at $27.00 for RXO. For the first quarter, RXO had an EPS of $0.11, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $22.11 and a 52-week-low of $14.75. At the end of the last trading period, RXO closed at $20.45.
WestPark Capital initiated coverage on SpringBig Holdings Inc (NASDAQ:SBIG) with a Buy rating. The price target for SpringBig Holdings is set to $2.00. The stock has a 52-week-high of $5.45 and a 52-week-low of $0.42. At the end of the last trading period, SpringBig Holdings closed at $0.43.
WestPark Capital initiated coverage on Leafly Holdings Inc (NASDAQ:LFLY) with a Hold rating. Leafly Holdings earned $0.14 in the first quarter, compared to $0.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $10.92 and a 52-week-low of $0.31. Leafly Holdings closed at $0.35 at the end of the last trading period.
WestPark Capital initiated coverage on WM Technology Inc (NASDAQ:MAPS) with a Hold rating. WM Tech earned $0.03 in the first quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.33 and a 52-week-low of $0.60. WM Tech closed at $1.00 at the end of the last trading period.
National Alliance Securities initiated coverage on Upexi Inc (NASDAQ:UPXI) with a Buy rating. The price target for Upexi is set to $7.00. Upexi earned $0.11 in the third quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $5.67 and a 52-week-low of $2.53. At the end of the last trading period, Upexi closed at $3.11.
Bernstein initiated coverage on Ambev SA (NYSE:ABEV) with an Outperform rating. The price target for Ambev is set to $3.74. In the first quarter, Ambev showed an EPS of $0.05, compared to $0.04 from the year-ago quarter. The current stock performance of Ambev shows a 52-week-high of $3.24 and a 52-week-low of $2.40. Moreover, at the end of the last trading period, the closing price was at $2.88.
HC Wainwright & Co. initiated coverage on CARISMA Therapeutics Inc (NASDAQ:CARM) with a Buy rating. The price target for CARISMA Therapeutics is set to $10.00. In the first quarter, CARISMA Therapeutics showed an EPS of $1.93, compared to $5.49 from the year-ago quarter. The stock has a 52-week-high of $6.87 and a 52-week-low of $2.75. At the end of the last trading period, CARISMA Therapeutics closed at $5.24.
Wells Fargo initiated coverage on DICE Therapeutics Inc (NASDAQ:DICE) with a Equal-Weight rating. The price target for DICE Therapeutics is set to $38.00. DICE Therapeutics earned $0.54 in the first quarter, compared to $0.50 in the year-ago quarter. At the moment, the stock has a 52-week-high of $45.98 and a 52-week-low of $12.67. DICE Therapeutics closed at $34.11 at the end of the last trading period.
With a Strong Buy rating, Raymond James initiated coverage on Zura Bio Ltd (NASDAQ:ZURA). The price target seems to have been set at $20.00 for Zura Bio. At the moment, the stock has a 52-week-high of $37.55 and a 52-week-low of $4.87. Zura Bio closed at $5.35 at the end of the last trading period.
With a Buy rating, Goldman Sachs initiated coverage on IDEAYA Biosciences Inc (NASDAQ:IDYA). The price target seems to have been set at $32.00 for IDEAYA Biosciences. For the first quarter, IDEAYA Biosciences had an EPS of $0.49, compared to year-ago quarter EPS of $0.36. At the moment, the stock has a 52-week-high of $23.08 and a 52-week-low of $9.01. IDEAYA Biosciences closed at $21.90 at the end of the last trading period.
Wells Fargo initiated coverage on Kimco Realty Corp (NYSE:KIM) with an Underweight rating. The price target for Kimco Realty is set to $19.00. For the first quarter, Kimco Realty had an EPS of $0.39, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $23.89 and a 52-week-low of $17.34. At the end of the last trading period, Kimco Realty closed at $18.42.
JP Morgan initiated coverage on Wipro Ltd (NYSE:WIT) with an Underweight rating. The price target for Wipro is set to $4.30. Wipro earned $0.07 in the fourth quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.18 and a 52-week-low of $4.32. Wipro closed at $4.71 at the end of the last trading period.
With an Underweight rating, JP Morgan initiated coverage on Infosys Ltd (NYSE:INFY). The price target seems to have been set at $14.00 for Infosys. For the fourth quarter, Infosys had an EPS of $0.18, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $20.59 and a 52-week-low of $14.71. Infosys closed at $15.53 at the end of the last trading period.
JMP Securities initiated coverage on Warby Parker Inc (NYSE:WRBY) with a Market Perform rating. In the first quarter, Warby Parker showed an EPS of $0.06, compared to $0.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.97 and a 52-week-low of $9.50. Warby Parker closed at $11.61 at the end of the last trading period.
BMO Capital initiated coverage on Autodesk Inc (NASDAQ:ADSK) with a Market Perform rating. The price target for Autodesk is set to $224.00. For the fourth quarter, Autodesk had an EPS of $1.86, compared to year-ago quarter EPS of $1.50. The stock has a 52-week-high of $234.99 and a 52-week-low of $163.20. At the end of the last trading period, Autodesk closed at $196.64.
BMO Capital initiated coverage on PTC Inc (NASDAQ:PTC) with an Outperform rating. The price target for PTC is set to $166.00. In the second quarter, PTC showed an EPS of $1.16, compared to $1.39 from the year-ago quarter. The current stock performance of PTC shows a 52-week-high of $139.91 and a 52-week-low of $97.97. Moreover, at the end of the last trading period, the closing price was at $130.86.
With an Outperform rating, Evercore ISI Group initiated coverage on Stem Inc (NYSE:STEM). The price target seems to have been set at $11.00 for Stem. Stem earned $0.29 in the first quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of $18.01 and a 52-week-low of $3.71. At the end of the last trading period, Stem closed at $4.62.
JonesTrading initiated coverage on Oncolytics Biotech Inc (NASDAQ:ONCY) with a Buy rating. The price target for Oncolytics Biotech is set to $9.00. For the first quarter, Oncolytics Biotech had an EPS of $0.07, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $2.28 and a 52-week-low of $0.82. At the end of the last trading period, Oncolytics Biotech closed at $1.79.
For Lattice Semiconductor Corp (NASDAQ:LSCC), Raymond James initiated coverage, by setting the current rating at Market Perform. For the first quarter, Lattice Semiconductor had an EPS of $0.51, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $96.82 and a 52-week-low of $43.42. At the end of the last trading period, Lattice Semiconductor closed at $80.56.
With a Equal-Weight rating, Wells Fargo initiated coverage on SITE Centers Corp (NYSE:SITC). The price target seems to have been set at $12.50 for SITE Centers. In the first quarter, SITE Centers showed an EPS of $0.30, compared to $0.29 from the year-ago quarter. The stock has a 52-week-high of $16.08 and a 52-week-low of $10.43. At the end of the last trading period, SITE Centers closed at $11.99.
Wells Fargo initiated coverage on Phillips Edison & Co Inc (NASDAQ:PECO) with a Equal-Weight rating. The price target for Phillips Edison is set to $31.00. Phillips Edison earned $0.14 in the first quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.90 and a 52-week-low of $27.08. Phillips Edison closed at $29.45 at the end of the last trading period.
Wells Fargo initiated coverage on Federal Realty Investment Trust (NYSE:FRT) with a Equal-Weight rating. The price target for Federal Realty Investment is set to $93.00. Federal Realty Investment earned $1.59 in the first quarter, compared to $1.50 in the year-ago quarter. The current stock performance of Federal Realty Investment shows a 52-week-high of $116.04 and a 52-week-low of $86.52. Moreover, at the end of the last trading period, the closing price was at $89.38.
With an Overweight rating, Wells Fargo initiated coverage on Retail Opportunity Investments Corp (NASDAQ:ROIC). The price target seems to have been set at $14.00 for Retail Opportunity. Retail Opportunity earned $0.25 in the first quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $18.78 and a 52-week-low of $12.00. At the end of the last trading period, Retail Opportunity closed at $12.49.
With a Equal-Weight rating, Wells Fargo initiated coverage on Brixmor Property Group Inc (NYSE:BRX). The price target seems to have been set at $21.00 for Brixmor Property Group. Brixmor Property Group earned $0.50 in the first quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $24.53 and a 52-week-low of $17.62. At the end of the last trading period, Brixmor Property Group closed at $20.31.
With an Overweight rating, Wells Fargo initiated coverage on InvenTrust Properties Corp (NYSE:IVT). The price target seems to have been set at $25.00 for InvenTrust Properties. In the first quarter, InvenTrust Properties showed an EPS of $0.42, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $32.89 and a 52-week-low of $20.84. At the end of the last trading period, InvenTrust Properties closed at $21.58.
With an Underweight rating, Wells Fargo initiated coverage on Kite Realty Group Trust (NYSE:KRG). The price target seems to have been set at $20.00 for Kite Realty Gr Trust. In the first quarter, Kite Realty Gr Trust showed an EPS of $0.51, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $23.10 and a 52-week-low of $16.43. At the end of the last trading period, Kite Realty Gr Trust closed at $20.31.
