Benzinga’s Top Ratings Upgrades, Downgrades For April 19, 2023

Upgrades For Tapestry Inc (NYSE:TPR), OTR Global upgraded the previous rating of Mixed to Positive. For the second…

Upgrades

For Tapestry Inc (NYSE:TPR), OTR Global upgraded the previous rating of Mixed to Positive. For the second quarter, Tapestry had an EPS of $1.36, compared to year-ago quarter EPS of $1.33. The current stock performance of Tapestry shows a 52-week-high of $47.48 and a 52-week-low of $26.39. Moreover, at the end of the last trading period, the closing price was at $42.12.

Benchmark upgraded the previous rating for Spirit AeroSystems Holdings Inc (NYSE:SPR) from Neutral to Buy. Spirit AeroSystems Hldgs earned $1.46 in the fourth quarter, compared to $0.84 in the year-ago quarter. The current stock performance of Spirit AeroSystems Hldgs shows a 52-week-high of $48.08 and a 52-week-low of $21.15. Moreover, at the end of the last trading period, the closing price was at $30.26.

For The AZEK Co Inc (NYSE:AZEK), B of A Securities upgraded the previous rating of Neutral to Buy. For the first quarter, AZEK Co had an EPS of $0.09, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $30.26 and a 52-week-low of $15.15. At the end of the last trading period, AZEK Co closed at $25.91.

According to B of A Securities, the prior rating for Trex Co Inc (NYSE:TREX) was changed from Underperform to Neutral. In the fourth quarter, Trex Co showed an EPS of $0.23, compared to $0.55 from the year-ago quarter. The stock has a 52-week-high of $67.69 and a 52-week-low of $38.73. At the end of the last trading period, Trex Co closed at $53.18.

For Walmart Inc (NYSE:WMT), Gordon Haskett upgraded the previous rating of Accumulate to Buy. In the fourth quarter, Walmart showed an EPS of $1.71, compared to $1.53 from the year-ago quarter. The current stock performance of Walmart shows a 52-week-high of $160.77 and a 52-week-low of $117.28. Moreover, at the end of the last trading period, the closing price was at $149.85.

Wedbush upgraded the previous rating for Western Alliance Bancorp (NYSE:WAL) from Neutral to Outperform. In the first quarter, Western Alliance showed an EPS of $2.30, compared to $2.22 from the year-ago quarter. The stock has a 52-week-high of $86.87 and a 52-week-low of $7.46. At the end of the last trading period, Western Alliance closed at $32.51.

Wells Fargo upgraded the previous rating for Alliant Energy Corp (NASDAQ:LNT) from Equal-Weight to Overweight. For the fourth quarter, Alliant Energy had an EPS of $0.46, compared to year-ago quarter EPS of $0.35. The current stock performance of Alliant Energy shows a 52-week-high of $65.26 and a 52-week-low of $47.23. Moreover, at the end of the last trading period, the closing price was at $54.34.

According to Raymond James, the prior rating for Relay Therapeutics Inc (NASDAQ:RLAY) was changed from Outperform to Strong Buy. For the fourth quarter, Relay Therapeutics had an EPS of $0.56, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $33.05 and a 52-week-low of $10.85. At the end of the last trading period, Relay Therapeutics closed at $11.62.

Baird upgraded the previous rating for Global Payments Inc (NYSE:GPN) from Neutral to Outperform. In the fourth quarter, Global Payments showed an EPS of $2.42, compared to $2.13 from the year-ago quarter. The current stock performance of Global Payments shows a 52-week-high of $146.69 and a 52-week-low of $92.28. Moreover, at the end of the last trading period, the closing price was at $109.09.

For Immuneering Corp (NASDAQ:IMRX), Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. Immuneering earned $0.50 in the fourth quarter, compared to $0.42 in the year-ago quarter. The stock has a 52-week-high of $16.02 and a 52-week-low of $3.70. At the end of the last trading period, Immuneering closed at $13.36.

Mizuho upgraded the previous rating for Immuneering Corp (NASDAQ:IMRX) from Neutral to Buy. Immuneering earned $0.50 in the fourth quarter, compared to $0.42 in the year-ago quarter. The stock has a 52-week-high of $16.02 and a 52-week-low of $3.70. At the end of the last trading period, Immuneering closed at $13.36.

According to UBS, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from Neutral to Buy. Netflix earned $2.88 in the first quarter, compared to $3.53 in the year-ago quarter. At the moment, the stock has a 52-week-high of $379.43 and a 52-week-low of $162.81. Netflix closed at $333.70 at the end of the last trading period.

UBS upgraded the previous rating for Exxon Mobil Corp (NYSE:XOM) from Neutral to Buy. In the fourth quarter, Exxon Mobil showed an EPS of $3.40, compared to $2.05 from the year-ago quarter. The stock has a 52-week-high of $119.63 and a 52-week-low of $79.29. At the end of the last trading period, Exxon Mobil closed at $116.94.

See all analyst ratings upgrades.

Downgrades

JP Morgan downgraded the previous rating for MYT Netherlands Parent BV (NYSE:MYTE) from Overweight to Neutral. For the second quarter, MYT Netherlands Parent had an EPS of $0.13, compared to year-ago quarter EPS of $0.02. The current stock performance of MYT Netherlands Parent shows a 52-week-high of $15.85 and a 52-week-low of $5.87. Moreover, at the end of the last trading period, the closing price was at $7.23.

According to OTR Global, the prior rating for United Rentals Inc (NYSE:URI) was changed from Positive to Mixed. United Rentals earned $9.74 in the fourth quarter, compared to $7.39 in the year-ago quarter. The current stock performance of United Rentals shows a 52-week-high of $481.99 and a 52-week-low of $230.54. Moreover, at the end of the last trading period, the closing price was at $387.28.

RBC Capital downgraded the previous rating for BELLUS Health Inc (NASDAQ:BLU) from Outperform to Sector Perform. For the fourth quarter, BELLUS Health had an EPS of $0.15, compared to year-ago quarter EPS of $0.18. The current stock performance of BELLUS Health shows a 52-week-high of $14.50 and a 52-week-low of $6.36. Moreover, at the end of the last trading period, the closing price was at $14.44.

Jefferies downgraded the previous rating for BELLUS Health Inc (NASDAQ:BLU) from Buy to Hold. For the fourth quarter, BELLUS Health had an EPS of $0.15, compared to year-ago quarter EPS of $0.18. The stock has a 52-week-high of $14.50 and a 52-week-low of $6.36. At the end of the last trading period, BELLUS Health closed at $14.44.

According to Canaccord Genuity, the prior rating for Greenbrook TMS Inc (NASDAQ:GBNH) was changed from Speculative Buy to Hold. Greenbrook TMS earned $1.22 in the fourth quarter, compared to $0.34 in the year-ago quarter. At the moment, the stock has a 52-week-high of $5.92 and a 52-week-low of $0.50. Greenbrook TMS closed at $0.74 at the end of the last trading period.

B of A Securities downgraded the previous rating for CDW Corp (NASDAQ:CDW) from Buy to Neutral. In the fourth quarter, CDW showed an EPS of $2.50, compared to $2.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $215.00 and a 52-week-low of $148.03. CDW closed at $190.29 at the end of the last trading period.

For Extreme Networks Inc (NASDAQ:EXTR), Craig-Hallum downgraded the previous rating of Buy to Hold. Extreme Networks earned $0.27 in the second quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $21.03 and a 52-week-low of $8.50. At the end of the last trading period, Extreme Networks closed at $18.40.

For Hyatt Hotels Corp (NYSE:H), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Hyatt Hotels had an EPS of $2.55, compared to year-ago quarter EPS of $2.78. The stock has a 52-week-high of $125.07 and a 52-week-low of $70.13. At the end of the last trading period, Hyatt Hotels closed at $116.93.

According to UBS, the prior rating for Grupo Televisa SAB (NYSE:TV) was changed from Buy to Neutral. For the fourth quarter, Grupo Televisa had an EPS of $1.27, compared to year-ago quarter EPS of $0.26. The current stock performance of Grupo Televisa shows a 52-week-high of $11.47 and a 52-week-low of $4.38. Moreover, at the end of the last trading period, the closing price was at $5.12.

For Rivian Automotive Inc (NASDAQ:RIVN), RBC Capital downgraded the previous rating of Outperform to Sector Perform. Rivian Automotive earned $1.73 in the fourth quarter, compared to $2.43 in the year-ago quarter. The current stock performance of Rivian Automotive shows a 52-week-high of $40.86 and a 52-week-low of $12.58. Moreover, at the end of the last trading period, the closing price was at $13.43.

RBC Capital downgraded the previous rating for Magna International Inc (NYSE:MGA) from Outperform to Sector Perform. Magna International earned $0.91 in the fourth quarter, compared to $1.30 in the year-ago quarter. The stock has a 52-week-high of $68.92 and a 52-week-low of $45.60. At the end of the last trading period, Magna International closed at $54.77.

See all analyst ratings downgrades.

Initiations

UBS initiated coverage on APA Corp (NASDAQ:APA) with a Neutral rating. The price target for APA is set to $45.00. In the fourth quarter, APA showed an EPS of $1.48, compared to $1.29 from the year-ago quarter. The current stock performance of APA shows a 52-week-high of $51.95 and a 52-week-low of $30.15. Moreover, at the end of the last trading period, the closing price was at $39.42.

UBS initiated coverage on EQT Corp (NYSE:EQT) with a Neutral rating. The price target for EQT is set to $36.00. In the fourth quarter, EQT showed an EPS of $0.42, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.95 and a 52-week-low of $28.11. EQT closed at $33.31 at the end of the last trading period.

Evercore ISI Group initiated coverage on BridgeBio Pharma Inc (NASDAQ:BBIO) with an Outperform rating. The price target for BridgeBio Pharma is set to $40.00. For the fourth quarter, BridgeBio Pharma had an EPS of $0.92, compared to year-ago quarter EPS of $1.01. The stock has a 52-week-high of $19.95 and a 52-week-low of $4.99. At the end of the last trading period, BridgeBio Pharma closed at $15.15.

Argus Research initiated coverage on Chewy Inc (NYSE:CHWY) with a Hold rating. In the fourth quarter, Chewy showed an EPS of $0.01, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $52.88 and a 52-week-low of $22.23. At the end of the last trading period, Chewy closed at $32.66.

Odeon Capital initiated coverage on Western Alliance Bancorp (NYSE:WAL) with a Hold rating. The price target for Western Alliance is set to $32.00. For the first quarter, Western Alliance had an EPS of $2.30, compared to year-ago quarter EPS of $2.22. At the moment, the stock has a 52-week-high of $86.87 and a 52-week-low of $7.46. Western Alliance closed at $32.51 at the end of the last trading period.

With an Outperform rating, RBC Capital initiated coverage on FirstService Corp (NASDAQ:FSV). The price target seems to have been set at $165.00 for FirstService. In the fourth quarter, FirstService showed an EPS of $1.22, compared to $1.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $148.70 and a 52-week-low of $112.48. FirstService closed at $142.85 at the end of the last trading period.

With a Sell rating, UBS initiated coverage on Range Resources Corp (NYSE:RRC). The price target seems to have been set at $24.00 for Range Resources. Range Resources earned $1.30 in the fourth quarter, compared to $0.96 in the year-ago quarter. The current stock performance of Range Resources shows a 52-week-high of $37.39 and a 52-week-low of $22.61. Moreover, at the end of the last trading period, the closing price was at $26.61.

UBS initiated coverage on Permian Resources Corp (NYSE:PR) with a Neutral rating. The price target for Permian Resources is set to $13.00. The stock has a 52-week-high of $12.05 and a 52-week-low of $6.12. At the end of the last trading period, Permian Resources closed at $10.89.

UBS initiated coverage on Murphy Oil Corp (NYSE:MUR) with a Neutral rating. The price target for Murphy Oil is set to $45.00. In the fourth quarter, Murphy Oil showed an EPS of $1.10, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.26 and a 52-week-low of $25.97. Murphy Oil closed at $38.90 at the end of the last trading period.

UBS initiated coverage on Devon Energy Corp (NYSE:DVN) with a Neutral rating. The price target for Devon Energy is set to $60.00. For the fourth quarter, Devon Energy had an EPS of $1.66, compared to year-ago quarter EPS of $1.39. At the moment, the stock has a 52-week-high of $79.39 and a 52-week-low of $44.03. Devon Energy closed at $55.22 at the end of the last trading period.

UBS initiated coverage on Occidental Petroleum Corp (NYSE:OXY) with a Neutral rating. The price target for Occidental Petroleum is set to $68.00. For the fourth quarter, Occidental Petroleum had an EPS of $1.61, compared to year-ago quarter EPS of $1.48. At the moment, the stock has a 52-week-high of $77.12 and a 52-week-low of $51.54. Occidental Petroleum closed at $63.00 at the end of the last trading period.

With a Neutral rating, UBS initiated coverage on Baker Hughes Co (NASDAQ:BKR). The price target seems to have been set at $31.00 for Baker Hughes. In the first quarter, Baker Hughes showed an EPS of $0.28, compared to $0.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $38.66 and a 52-week-low of $20.41. Baker Hughes closed at $29.50 at the end of the last trading period.

With a Neutral rating, UBS initiated coverage on Southwestern Energy Co (NYSE:SWN). The price target seems to have been set at $5.00 for Southwestern Energy. Southwestern Energy earned $0.26 in the fourth quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Southwestern Energy shows a 52-week-high of $9.87 and a 52-week-low of $4.60. Moreover, at the end of the last trading period, the closing price was at $5.12.

UBS initiated coverage on Pioneer Natural Resources Co (NYSE:PXD) with a Neutral rating. The price target for Pioneer Natural Resources is set to $238.00. Pioneer Natural Resources earned $5.91 in the fourth quarter, compared to $4.58 in the year-ago quarter. The stock has a 52-week-high of $288.44 and a 52-week-low of $177.26. At the end of the last trading period, Pioneer Natural Resources closed at $228.48.

William Blair initiated coverage on Definitive Healthcare Corp (NASDAQ:DH) with an Outperform rating. For the fourth quarter, Definitive Healthcare had an EPS of $0.07, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $30.10 and a 52-week-low of $9.42. At the end of the last trading period, Definitive Healthcare closed at $10.98.

With a Market Perform rating, Bernstein initiated coverage on Aramark (NYSE:ARMK). The price target seems to have been set at $38.00 for Aramark. In the first quarter, Aramark showed an EPS of $0.44, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.72 and a 52-week-low of $28.77. Aramark closed at $35.61 at the end of the last trading period.

With a Buy rating, Daiwa Capital initiated coverage on Mobileye Global Inc (NASDAQ:MBLY). The price target seems to have been set at $50.00 for Mobileye Global. Mobileye Global earned $0.27 in the fourth quarter, compared to $0.14 in the year-ago quarter. The stock has a 52-week-high of $48.11 and a 52-week-low of $24.86. At the end of the last trading period, Mobileye Global closed at $46.01.

With a Buy rating, Jefferies initiated coverage on Bowlero Corp (NYSE:BOWL). The price target seems to have been set at $23.00 for Bowlero. Bowlero earned $0.20 in the second quarter, compared to $0.25 in the year-ago quarter. The current stock performance of Bowlero shows a 52-week-high of $17.45 and a 52-week-low of $8.19. Moreover, at the end of the last trading period, the closing price was at $15.21.

With an Overweight rating, Piper Sandler initiated coverage on GE HealthCare Technologies Inc (NASDAQ:GEHC). The price target seems to have been set at $95.00 for GE HealthCare Techs. For the fourth quarter, GE HealthCare Techs had an EPS of $1.31, compared to year-ago quarter EPS of $1.36. The stock has a 52-week-high of $84.16 and a 52-week-low of $53.00. At the end of the last trading period, GE HealthCare Techs closed at $83.66.

With a Neutral rating, JP Morgan initiated coverage on Universal Health Services Inc (NYSE:UHS). The price target seems to have been set at $133.00 for Universal Health Servs. For the fourth quarter, Universal Health Servs had an EPS of $3.02, compared to year-ago quarter EPS of $2.95. The stock has a 52-week-high of $158.07 and a 52-week-low of $82.50. At the end of the last trading period, Universal Health Servs closed at $136.80.

JP Morgan initiated coverage on Tenet Healthcare Corp (NYSE:THC) with an Overweight rating. The price target for Tenet Healthcare is set to $72.00. For the fourth quarter, Tenet Healthcare had an EPS of $1.96, compared to year-ago quarter EPS of $2.70. At the moment, the stock has a 52-week-high of $91.81 and a 52-week-low of $36.70. Tenet Healthcare closed at $66.34 at the end of the last trading period.

Keybanc initiated coverage on Garmin Ltd (NYSE:GRMN) with a Sector Weight rating. For the fourth quarter, Garmin had an EPS of $1.35, compared to year-ago quarter EPS of $1.55. The stock has a 52-week-high of $117.20 and a 52-week-low of $76.41. At the end of the last trading period, Garmin closed at $99.44.

For Peloton Interactive Inc (NASDAQ:PTON), Keybanc initiated coverage, by setting the current rating at Sector Weight. For the second quarter, Peloton Interactive had an EPS of $0.98, compared to year-ago quarter EPS of $1.39. The stock has a 52-week-high of $25.12 and a 52-week-low of $6.66. At the end of the last trading period, Peloton Interactive closed at $9.90.

With a Buy rating, JonesTrading initiated coverage on Coeptis Therapeutics Holdings Inc (NASDAQ:COEP). The price target seems to have been set at $4.00 for Coeptis Therapeutics. The current stock performance of Coeptis Therapeutics shows a 52-week-high of $12.13 and a 52-week-low of $1.03. Moreover, at the end of the last trading period, the closing price was at $1.55.

Oppenheimer initiated coverage on Franklin Electric Co Inc (NASDAQ:FELE) with a Perform rating. Franklin Electric earned $0.84 in the fourth quarter, compared to $0.86 in the year-ago quarter. The stock has a 52-week-high of $100.00 and a 52-week-low of $68.27. At the end of the last trading period, Franklin Electric closed at $89.40.

With a Buy rating, Stifel initiated coverage on PLAYSTUDIOS Inc (NASDAQ:MYPS). The price target seems to have been set at $6.00 for PLAYSTUDIOS. PLAYSTUDIOS earned $0.02 in the fourth quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $6.59 and a 52-week-low of $3.25. At the end of the last trading period, PLAYSTUDIOS closed at $3.97.

With an Outperform rating, Oppenheimer initiated coverage on Advanced Drainage Systems Inc (NYSE:WMS). The price target seems to have been set at $108.00 for Advanced Drainage Systems. In the third quarter, Advanced Drainage Systems showed an EPS of $0.99, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $153.29 and a 52-week-low of $75.02. At the end of the last trading period, Advanced Drainage Systems closed at $82.20.

See all analyst ratings initiations.

Total
0
Shares
Related Posts
Read More

IMF Anticipates ‘Persistent Inflation Problem’ For US, Interest Rates To Stay At 5.5% Until 2024

The International Monetary Fund says the U.S. economy won't escape the challenge of persistent inflation if the job market does not soften and monetary policy does not stay tight for an extended period of time. On Friday, the U.S.

GOVT