Benzinga's Top Ratings Upgrades, Downgrades For September 1, 2023
Upgrades
According to Guggenheim, the prior rating for Eos Energy Enterprises Inc (NASDAQ:EOSE) was changed from Neutral to Buy. Eos Energy Enterprises earned $1.12 in the second quarter, compared to $1.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $5.67 and a 52-week-low of $0.96. Eos Energy Enterprises closed at $3.25 at the end of the last trading period.
Wedbush upgraded the previous rating for Papa John's International Inc (NASDAQ:PZZA) from Neutral to Outperform. For the second quarter, Papa John's International had an EPS of $0.59, compared to year-ago quarter EPS of $0.74. At the moment, the stock has a 52-week-high of $97.78 and a 52-week-low of $66.76. Papa John's International closed at $75.70 at the end of the last trading period.
For MercadoLibre Inc (NASDAQ:MELI), New Street Research upgraded the previous rating of Neutral to Buy. For the second quarter, MercadoLibre had an EPS of $5.16, compared to year-ago quarter EPS of $2.43. The current stock performance of MercadoLibre shows a 52-week-high of $1388.39 and a 52-week-low of $754.78. Moreover, at the end of the last trading period, the closing price was at $1372.36.
Citigroup upgraded the previous rating for Aramark (NYSE:ARMK) from Neutral to Buy. In the third quarter, Aramark showed an EPS of $0.36, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $45.72 and a 52-week-low of $30.75. At the end of the last trading period, Aramark closed at $37.18.
For Vale SA (NYSE:VALE), JP Morgan upgraded the previous rating of Neutral to Overweight. In the second quarter, Vale showed an EPS of $0.20, compared to $1.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.31 and a 52-week-low of $11.72. Vale closed at $13.17 at the end of the last trading period.
According to DA Davidson, the prior rating for AppFolio Inc (NASDAQ:APPF) was changed from Neutral to Buy. AppFolio earned $0.23 in the second quarter, compared to $0.03 in the year-ago quarter. At the moment, the stock has a 52-week-high of $196.80 and a 52-week-low of $93.04. AppFolio closed at $192.77 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
Northland Capital Markets downgraded the previous rating for Allot Ltd (NASDAQ:ALLT) from Outperform to Market Perform. Allot earned $0.49 in the second quarter, compared to $0.11 in the year-ago quarter. The stock has a 52-week-high of $4.69 and a 52-week-low of $2.08. At the end of the last trading period, Allot closed at $2.51.
For British American Tobacco PLC (NYSE:BTI), Argus Research downgraded the previous rating of Buy to Hold. At the moment, the stock has a 52-week-high of $42.35 and a 52-week-low of $31.62. British American Tobacco closed at $33.20 at the end of the last trading period.
According to B. Riley Securities, the prior rating for Hersha Hospitality Trust (NYSE:HT) was changed from Buy to Neutral. In the second quarter, Hersha Hospitality showed an EPS of $0.38, compared to $0.56 from the year-ago quarter. The stock has a 52-week-high of $10.56 and a 52-week-low of $5.64. At the end of the last trading period, Hersha Hospitality closed at $9.82.
Evercore ISI Group downgraded the previous rating for Dollar General Corp (NYSE:DG) from Outperform to Neutral. For the second quarter, Dollar Gen had an EPS of $2.13, compared to year-ago quarter EPS of $2.98. At the moment, the stock has a 52-week-high of $261.57 and a 52-week-low of $128.48. Dollar Gen closed at $138.50 at the end of the last trading period.
For PagerDuty Inc (NYSE:PD), Baird downgraded the previous rating of Outperform to Neutral. In the second quarter, PagerDuty showed an EPS of $0.20, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $35.33 and a 52-week-low of $19.53. At the end of the last trading period, PagerDuty closed at $25.76.
According to Loop Capital, the prior rating for Dollar General Corp (NYSE:DG) was changed from Buy to Hold. For the second quarter, Dollar Gen had an EPS of $2.13, compared to year-ago quarter EPS of $2.98. At the moment, the stock has a 52-week-high of $261.57 and a 52-week-low of $128.48. Dollar Gen closed at $138.50 at the end of the last trading period.
For Dollar General Corp (NYSE:DG), Raymond James downgraded the previous rating of Strong Buy to Outperform. Dollar Gen earned $2.13 in the second quarter, compared to $2.98 in the year-ago quarter. The current stock performance of Dollar Gen shows a 52-week-high of $261.57 and a 52-week-low of $128.48. Moreover, at the end of the last trading period, the closing price was at $138.50.
According to Roth MKM, the prior rating for Acer Therapeutics Inc (NASDAQ:ACER) was changed from Buy to Neutral. For the second quarter, Acer Therapeutics had an EPS of $0.33, compared to year-ago quarter EPS of $0.17. The current stock performance of Acer Therapeutics shows a 52-week-high of $4.52 and a 52-week-low of $0.55. Moreover, at the end of the last trading period, the closing price was at $1.28.
For Kanzhun Ltd (NASDAQ:BZ), UBS downgraded the previous rating of Buy to Neutral. Kanzhun earned $0.17 in the second quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Kanzhun shows a 52-week-high of $26.26 and a 52-week-low of $9.75. Moreover, at the end of the last trading period, the closing price was at $14.80.
Telsey Advisory Group downgraded the previous rating for Dollar General Corp (NYSE:DG) from Outperform to Market Perform. Dollar Gen earned $2.13 in the second quarter, compared to $2.98 in the year-ago quarter. The stock has a 52-week-high of $261.57 and a 52-week-low of $128.48. At the end of the last trading period, Dollar Gen closed at $138.50.
See all analyst ratings downgrades.
Initiations
Raymond James initiated coverage on Ferguson PLC (NYSE:FERG) with an Outperform rating. The price target for Ferguson is set to $175.00. For the third quarter, Ferguson had an EPS of $2.20, compared to year-ago quarter EPS of $2.50. At the moment, the stock has a 52-week-high of $164.00 and a 52-week-low of $99.24. Ferguson closed at $161.56 at the end of the last trading period.
With a Buy rating, Citigroup initiated coverage on Camping World Holdings Inc (NYSE:CWH). The price target seems to have been set at $32.00 for Camping World Holdings. For the second quarter, Camping World Holdings had an EPS of $0.73, compared to year-ago quarter EPS of $2.16. The current stock performance of Camping World Holdings shows a 52-week-high of $32.88 and a 52-week-low of $18.69. Moreover, at the end of the last trading period, the closing price was at $24.73.
Canaccord Genuity initiated coverage on Confluent Inc (NASDAQ:CFLT) with a Buy rating. The price target for Confluent is set to $40.00. For the second quarter, Confluent had an EPS of $0.00, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $41.22 and a 52-week-low of $16.60. Confluent closed at $33.09 at the end of the last trading period.
With a Buy rating, Needham initiated coverage on Veeco Instruments Inc (NASDAQ:VECO). The price target seems to have been set at $35.00 for Veeco Instruments. In the second quarter, Veeco Instruments showed an EPS of $0.36, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $31.09 and a 52-week-low of $16.21. At the end of the last trading period, Veeco Instruments closed at $29.19.
With a Neutral rating, Piper Sandler initiated coverage on Chicago Atlantic Real Estate Finance Inc (NASDAQ:REFI). The price target seems to have been set at $16.00 for Chicago Atlantic Real. In the second quarter, Chicago Atlantic Real showed an EPS of $0.55, compared to $0.50 from the year-ago quarter. The stock has a 52-week-high of $16.50 and a 52-week-low of $12.91. At the end of the last trading period, Chicago Atlantic Real closed at $15.12.
Berenberg initiated coverage on Ecolab Inc (NYSE:ECL) with a Hold rating. The price target for Ecolab is set to $180.00. In the second quarter, Ecolab showed an EPS of $1.24, compared to $1.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $191.41 and a 52-week-low of $131.04. Ecolab closed at $183.81 at the end of the last trading period.
With a Buy rating, BTIG initiated coverage on P3 Health Partners Inc (NASDAQ:PIII). The price target seems to have been set at $5.00 for P3 Health Partners. In the second quarter, P3 Health Partners showed an EPS of $0.09, compared to $3.73 from the year-ago quarter. The current stock performance of P3 Health Partners shows a 52-week-high of $7.05 and a 52-week-low of $0.70. Moreover, at the end of the last trading period, the closing price was at $1.98.
With an Outperform rating, Baird initiated coverage on Alamo Group Inc (NYSE:ALG). The price target seems to have been set at $201.00 for Alamo Group. For the second quarter, Alamo Group had an EPS of $3.03, compared to year-ago quarter EPS of $2.39. The stock has a 52-week-high of $200.81 and a 52-week-low of $119.27. At the end of the last trading period, Alamo Group closed at $171.65.