Benzinga’s Top Ratings Upgrades, Downgrades For August 24, 2023

Upgrades UBS upgraded the previous rating for Petroleo Brasileiro SA Petrobras (NYSE:PBR) from Neutral to Buy. In the…

Upgrades

UBS upgraded the previous rating for Petroleo Brasileiro SA Petrobras (NYSE:PBR) from Neutral to Buy. In the second quarter, Petrobras Brasileiro showed an EPS of $0.90, compared to $1.68 from the year-ago quarter. The stock has a 52-week-high of $16.32 and a 52-week-low of $8.88. At the end of the last trading period, Petrobras Brasileiro closed at $14.54.

HSBC upgraded the previous rating for TDCX Inc (NYSE:TDCX) from Hold to Buy. TDCX earned $0.14 in the second quarter, compared to $0.15 in the year-ago quarter. The current stock performance of TDCX shows a 52-week-high of $15.38 and a 52-week-low of $4.75. Moreover, at the end of the last trading period, the closing price was at $4.78.

According to Barclays, the prior rating for Grab Holdings Inc (NASDAQ:GRAB) was changed from Equal-Weight to Overweight. For the second quarter, Grab Hldgs had an EPS of $0.03, compared to year-ago quarter EPS of $0.15. The current stock performance of Grab Hldgs shows a 52-week-high of $4.03 and a 52-week-low of $2.19. Moreover, at the end of the last trading period, the closing price was at $3.70.

According to B of A Securities, the prior rating for Williams-Sonoma Inc (NYSE:WSM) was changed from Underperform to Neutral. In the second quarter, Williams-Sonoma showed an EPS of $3.12, compared to $3.87 from the year-ago quarter. The current stock performance of Williams-Sonoma shows a 52-week-high of $170.50 and a 52-week-low of $109.35. Moreover, at the end of the last trading period, the closing price was at $142.02.

For NVIDIA Corp (NASDAQ:NVDA), WestPark Capital upgraded the previous rating of Hold to Buy. NVIDIA earned $2.70 in the second quarter, compared to $0.51 in the year-ago quarter. The stock has a 52-week-high of $481.87 and a 52-week-low of $108.14. At the end of the last trading period, NVIDIA closed at $471.16.

According to Stifel, the prior rating for NVIDIA Corp (NASDAQ:NVDA) was changed from Hold to Buy. For the second quarter, NVIDIA had an EPS of $2.70, compared to year-ago quarter EPS of $0.51. At the moment, the stock has a 52-week-high of $481.87 and a 52-week-low of $108.14. NVIDIA closed at $471.16 at the end of the last trading period.

For NVIDIA Corp (NASDAQ:NVDA), Exane BNP Paribas upgraded the previous rating of Neutral to Outperform. NVIDIA earned $2.70 in the second quarter, compared to $0.51 in the year-ago quarter. The current stock performance of NVIDIA shows a 52-week-high of $481.87 and a 52-week-low of $108.14. Moreover, at the end of the last trading period, the closing price was at $471.16.

According to Raymond James, the prior rating for Prudential Financial Inc (NYSE:PRU) was changed from Market Perform to Strong Buy. For the second quarter, Prudential Financial had an EPS of $2.94, compared to year-ago quarter EPS of $1.74. The stock has a 52-week-high of $110.95 and a 52-week-low of $75.37. At the end of the last trading period, Prudential Financial closed at $91.43.

For NeuroPace Inc (NASDAQ:NPCE), Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. In the second quarter, NeuroPace showed an EPS of $0.36, compared to $0.52 from the year-ago quarter. At the moment, the stock has a 52-week-high of $6.45 and a 52-week-low of $1.26. NeuroPace closed at $4.78 at the end of the last trading period.

For Discover Financial Services (NYSE:DFS), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. For the second quarter, Discover Finl had an EPS of $3.54, compared to year-ago quarter EPS of $3.96. The stock has a 52-week-high of $122.50 and a 52-week-low of $87.65. At the end of the last trading period, Discover Finl closed at $88.59.

For Kenvue Inc (NYSE:KVUE), Goldman Sachs upgraded the previous rating of Neutral to Buy. For the second quarter, Kenvue had an EPS of $0.32, compared to year-ago quarter EPS of $0.43. The stock has a 52-week-high of $27.80 and a 52-week-low of $22.36. At the end of the last trading period, Kenvue closed at $23.62.

For TELUS International (Cda) Inc (NYSE:TIXT), Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. For the second quarter, TELUS Intl had an EPS of $0.17, compared to year-ago quarter EPS of $0.30. The current stock performance of TELUS Intl shows a 52-week-high of $30.87 and a 52-week-low of $8.14. Moreover, at the end of the last trading period, the closing price was at $8.46.

See all analyst ratings upgrades.

Downgrades

According to Bernstein, the prior rating for The Estee Lauder Companies Inc (NYSE:EL) was changed from Outperform to Market Perform. Estee Lauder Cos earned $0.07 in the fourth quarter, compared to $0.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $283.62 and a 52-week-low of $147.18. Estee Lauder Cos closed at $152.87 at the end of the last trading period.

B of A Securities downgraded the previous rating for VIZIO Holding Corp (NYSE:VZIO) from Buy to Underperform. In the second quarter, VIZIO Holding showed an EPS of $0.01, compared to $0.01 from the year-ago quarter. The current stock performance of VIZIO Holding shows a 52-week-high of $12.17 and a 52-week-low of $6.02. Moreover, at the end of the last trading period, the closing price was at $6.16.

According to KGI Securities, the prior rating for Sea Ltd (NYSE:SE) was changed from Outperform to Neutral. In the second quarter, Sea showed an EPS of $0.54, compared to $1.03 from the year-ago quarter. The stock has a 52-week-high of $88.84 and a 52-week-low of $36.25. At the end of the last trading period, Sea closed at $36.85.

For Agiliti Inc (NYSE:AGTI), Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. For the second quarter, Agiliti had an EPS of $0.14, compared to year-ago quarter EPS of $0.19. The current stock performance of Agiliti shows a 52-week-high of $20.11 and a 52-week-low of $9.86. Moreover, at the end of the last trading period, the closing price was at $10.01.

For Integra Lifesciences Holdings Corp (NASDAQ:IART), Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. For the second quarter, Integra Lifesciences had an EPS of $0.71, compared to year-ago quarter EPS of $0.82. The stock has a 52-week-high of $60.69 and a 52-week-low of $37.36. At the end of the last trading period, Integra Lifesciences closed at $42.50.

For Stevanato Group SPA (NYSE:STVN), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the second quarter, Stevanato Gr showed an EPS of $0.15, compared to $0.13 from the year-ago quarter. The stock has a 52-week-high of $36.30 and a 52-week-low of $13.75. At the end of the last trading period, Stevanato Gr closed at $31.33.

For Sight Sciences Inc (NASDAQ:SGHT), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the second quarter, Sight Sciences had an EPS of $0.30, compared to year-ago quarter EPS of $0.50. The current stock performance of Sight Sciences shows a 52-week-high of $15.29 and a 52-week-low of $5.35. Moreover, at the end of the last trading period, the closing price was at $6.94.

Cantor Fitzgerald downgraded the previous rating for Mawson Infrastructure Group Inc (NASDAQ:MIGI) from Overweight to Neutral. For the second quarter, Mawson Infra Gr had an EPS of $1.12, compared to year-ago quarter EPS of $1.38. The stock has a 52-week-high of $5.16 and a 52-week-low of $0.71. At the end of the last trading period, Mawson Infra Gr closed at $0.80.

According to Piper Sandler, the prior rating for Analog Devices Inc (NASDAQ:ADI) was changed from Overweight to Neutral. For the third quarter, Analog Devices had an EPS of $2.49, compared to year-ago quarter EPS of $2.52. At the moment, the stock has a 52-week-high of $200.10 and a 52-week-low of $133.48. Analog Devices closed at $177.48 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for International Flavors & Fragrances Inc (NYSE:IFF) from Overweight to Equal-Weight. In the second quarter, Intl Flavors & Fragrances showed an EPS of $0.86, compared to $1.54 from the year-ago quarter. The current stock performance of Intl Flavors & Fragrances shows a 52-week-high of $119.41 and a 52-week-low of $62.11. Moreover, at the end of the last trading period, the closing price was at $67.21.

B of A Securities downgraded the previous rating for Peloton Interactive Inc (NASDAQ:PTON) from Buy to Neutral. For the fourth quarter, Peloton Interactive had an EPS of $0.68, compared to year-ago quarter EPS of $1.32. The stock has a 52-week-high of $17.83 and a 52-week-low of $5.05. At the end of the last trading period, Peloton Interactive closed at $5.41.

For Peloton Interactive Inc (NASDAQ:PTON), Needham downgraded the previous rating of Buy to Hold. In the fourth quarter, Peloton Interactive showed an EPS of $0.68, compared to $1.32 from the year-ago quarter. The stock has a 52-week-high of $17.83 and a 52-week-low of $5.05. At the end of the last trading period, Peloton Interactive closed at $5.41.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Alliance Global Partners initiated coverage on Canoo Inc (NASDAQ:GOEV). The price target seems to have been set at $1.55 for Canoo. For the second quarter, Canoo had an EPS of $0.14, compared to year-ago quarter EPS of $0.68. At the moment, the stock has a 52-week-high of $3.77 and a 52-week-low of $0.41. Canoo closed at $0.53 at the end of the last trading period.

With an Outperform rating, Wedbush initiated coverage on Werewolf Therapeutics Inc (NASDAQ:HOWL). The price target seems to have been set at $9.00 for Werewolf Therapeutics. In the second quarter, Werewolf Therapeutics showed an EPS of $0.14, compared to $0.53 from the year-ago quarter. The current stock performance of Werewolf Therapeutics shows a 52-week-high of $7.51 and a 52-week-low of $1.40. Moreover, at the end of the last trading period, the closing price was at $2.58.

With a Sector Perform rating, Scotiabank initiated coverage on Magna International Inc (NYSE:MGA). The price target seems to have been set at $61.00 for Magna International. In the second quarter, Magna International showed an EPS of $1.50, compared to $0.83 from the year-ago quarter. The current stock performance of Magna International shows a 52-week-high of $68.92 and a 52-week-low of $45.60. Moreover, at the end of the last trading period, the closing price was at $56.57.

For Fifth Third Bancorp (NASDAQ:FITB), Raymond James initiated coverage, by setting the current rating at Market Perform. For the second quarter, Fifth Third Bancorp had an EPS of $0.87, compared to year-ago quarter EPS of $0.76. The current stock performance of Fifth Third Bancorp shows a 52-week-high of $38.05 and a 52-week-low of $22.11. Moreover, at the end of the last trading period, the closing price was at $25.43.

BTIG initiated coverage on Genmab A/S (NASDAQ:GMAB) with a Buy rating. The price target for Genmab is set to $44.00. In the second quarter, Genmab showed an EPS of $0.30, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $47.49 and a 52-week-low of $31.40. Genmab closed at $37.35 at the end of the last trading period.

With a Buy rating, HC Wainwright & Co. initiated coverage on eFFECTOR Therapeutics Inc (NASDAQ:EFTR). The price target seems to have been set at $5.00 for eFFECTOR Therapeutics. For the second quarter, eFFECTOR Therapeutics had an EPS of $0.17, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $1.48 and a 52-week-low of $0.34. At the end of the last trading period, eFFECTOR Therapeutics closed at $0.71.

Barclays initiated coverage on Xcel Energy Inc (NASDAQ:XEL) with a Equal-Weight rating. The price target for Xcel Energy is set to $60.00. In the second quarter, Xcel Energy showed an EPS of $0.52, compared to $0.60 from the year-ago quarter. At the moment, the stock has a 52-week-high of $77.63 and a 52-week-low of $56.87. Xcel Energy closed at $57.52 at the end of the last trading period.

With a Sector Outperform rating, Scotiabank initiated coverage on Globant SA (NYSE:GLOB). The price target seems to have been set at $210.00 for Globant. Globant earned $1.36 in the second quarter, compared to $1.22 in the year-ago quarter. The stock has a 52-week-high of $232.17 and a 52-week-low of $135.41. At the end of the last trading period, Globant closed at $191.88.

Scotiabank initiated coverage on EPAM Systems Inc (NYSE:EPAM) with a Sector Perform rating. The price target for EPAM Sys is set to $265.00. In the second quarter, EPAM Sys showed an EPS of $2.64, compared to $2.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $447.93 and a 52-week-low of $197.99. EPAM Sys closed at $248.83 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on Civitas Resources Inc (NYSE:CIVI). The price target seems to have been set at $87.00 for Civitas Resources. For the second quarter, Civitas Resources had an EPS of $1.72, compared to year-ago quarter EPS of $4.63. At the moment, the stock has a 52-week-high of $81.25 and a 52-week-low of $52.77. Civitas Resources closed at $80.38 at the end of the last trading period.

Scotiabank initiated coverage on Concentrix Corp (NASDAQ:CNXC) with a Sector Outperform rating. The price target for Concentrix is set to $120.00. For the second quarter, Concentrix had an EPS of $2.69, compared to year-ago quarter EPS of $2.93. The current stock performance of Concentrix shows a 52-week-high of $151.82 and a 52-week-low of $72.46. Moreover, at the end of the last trading period, the closing price was at $74.16.

See all analyst ratings initiations.

Total
0
Shares
Related Posts