Benzinga's Top Ratings Upgrades, Downgrades For April 21, 2023

Upgrades

Argus Research upgraded the previous rating for Dollar General Corp DG from Hold to Buy. For the fourth quarter, Dollar Gen had an EPS of $2.96, compared to year-ago quarter EPS of $2.57. At the moment, the stock has a 52-week-high of $262.07 and a 52-week-low of $183.25. Dollar Gen closed at $217.90 at the end of the last trading period.

For Snap-on Inc SNA, Longbow Research upgraded the previous rating of Underperform to Neutral. In the first quarter, Snap-on showed an EPS of $4.60, compared to $4.00 from the year-ago quarter. The stock has a 52-week-high of $263.86 and a 52-week-low of $190.37. At the end of the last trading period, Snap-on closed at $258.89.

Compass Point upgraded the previous rating for MBIA Inc MBI from Neutral to Buy. For the fourth quarter, MBIA had an EPS of $0.30, compared to year-ago quarter EPS of $2.13. The current stock performance of MBIA shows a 52-week-high of $14.48 and a 52-week-low of $7.86. Moreover, at the end of the last trading period, the closing price was at $10.00.

For Pool Corp POOL, Stephens & Co. upgraded the previous rating of Equal-Weight to Overweight. For the first quarter, Pool had an EPS of $2.58, compared to year-ago quarter EPS of $4.23. The current stock performance of Pool shows a 52-week-high of $471.96 and a 52-week-low of $278.39. Moreover, at the end of the last trading period, the closing price was at $332.39.

According to Raymond James, the prior rating for Plains GP Holdings LP PAGP was changed from Outperform to Strong Buy. In the fourth quarter, Plains GP Holdings showed an EPS of $0.23, compared to $0.43 from the year-ago quarter. The current stock performance of Plains GP Holdings shows a 52-week-high of $14.17 and a 52-week-low of $9.39. Moreover, at the end of the last trading period, the closing price was at $13.55.

According to HC Wainwright & Co., the prior rating for Onconova Therapeutics Inc ONTX was changed from Neutral to Buy. Onconova Therapeutics earned $0.26 in the fourth quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Onconova Therapeutics shows a 52-week-high of $1.54 and a 52-week-low of $0.62. Moreover, at the end of the last trading period, the closing price was at $0.70.

For XPO Inc XPO, JP Morgan upgraded the previous rating of Neutral to Overweight. For the fourth quarter, XPO had an EPS of $0.98, compared to year-ago quarter EPS of $1.34. The current stock performance of XPO shows a 52-week-high of $45.06 and a 52-week-low of $24.76. Moreover, at the end of the last trading period, the closing price was at $40.79.

For AT&T Inc T, HSBC upgraded the previous rating of Hold to Buy. For the first quarter, AT&T had an EPS of $0.60, compared to year-ago quarter EPS of $0.63. The stock has a 52-week-high of $22.84 and a 52-week-low of $14.47. At the end of the last trading period, AT&T closed at $17.65.

Raymond James upgraded the previous rating for Plains All American Pipeline LP PAA from Outperform to Strong Buy. Plains All American earned $0.33 in the fourth quarter, compared to $0.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $13.49 and a 52-week-low of $9.11. Plains All American closed at $13.02 at the end of the last trading period.

According to Raymond James, the prior rating for NuStar Energy LP NS was changed from Market Perform to Outperform. In the fourth quarter, NuStar Energy showed an EPS of $0.34, compared to $0.14 from the year-ago quarter. The stock has a 52-week-high of $17.75 and a 52-week-low of $12.80. At the end of the last trading period, NuStar Energy closed at $15.63.

For XPO Inc XPO, Citigroup upgraded the previous rating of Neutral to Buy. For the fourth quarter, XPO had an EPS of $0.98, compared to year-ago quarter EPS of $1.34. The current stock performance of XPO shows a 52-week-high of $45.06 and a 52-week-low of $24.76. Moreover, at the end of the last trading period, the closing price was at $40.79.

See all analyst ratings upgrades.

Downgrades

According to Canaccord Genuity, the prior rating for KeyCorp KEY was changed from Buy to Hold. In the first quarter, KeyCorp showed an EPS of $0.30, compared to $0.45 from the year-ago quarter. The stock has a 52-week-high of $22.16 and a 52-week-low of $9.61. At the end of the last trading period, KeyCorp closed at $12.04.

Stephens & Co. downgraded the previous rating for Everbridge Inc EVBG from Overweight to Equal-Weight. In the fourth quarter, Everbridge showed an EPS of $0.39, compared to $0.05 from the year-ago quarter. The current stock performance of Everbridge shows a 52-week-high of $50.23 and a 52-week-low of $24.10. Moreover, at the end of the last trading period, the closing price was at $30.37.

Raymond James downgraded the previous rating for TC Energy Corp TRP from Outperform to Market Perform. For the fourth quarter, TC Energy had an EPS of $0.83, compared to year-ago quarter EPS of $0.84. The current stock performance of TC Energy shows a 52-week-high of $59.38 and a 52-week-low of $36.79. Moreover, at the end of the last trading period, the closing price was at $41.59.

For Tesla Inc TSLA, Truist Securities downgraded the previous rating of Buy to Hold. For the first quarter, Tesla had an EPS of $0.85, compared to year-ago quarter EPS of $1.07. The current stock performance of Tesla shows a 52-week-high of $363.50 and a 52-week-low of $101.81. Moreover, at the end of the last trading period, the closing price was at $162.99.

According to Raymond James, the prior rating for Magellan Midstream Partners LP MMP was changed from Outperform to Market Perform. For the fourth quarter, Magellan Midstream had an EPS of $1.34, compared to year-ago quarter EPS of $1.24. The current stock performance of Magellan Midstream shows a 52-week-high of $60.55 and a 52-week-low of $44.84. Moreover, at the end of the last trading period, the closing price was at $55.98.

For Seagate Technology Holdings PLC STX, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the third quarter, Seagate Tech Hldgs showed an EPS of $0.28, compared to $1.81 from the year-ago quarter. The stock has a 52-week-high of $88.25 and a 52-week-low of $47.47. At the end of the last trading period, Seagate Tech Hldgs closed at $57.08.

Piper Sandler downgraded the previous rating for Overstock.com Inc OSTK from Overweight to Neutral. In the fourth quarter, Overstock.com showed an EPS of $0.04, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $39.24 and a 52-week-low of $17.05. Overstock.com closed at $18.91 at the end of the last trading period.

For Big Lots Inc BIG, Piper Sandler downgraded the previous rating of Neutral to Underweight. Big Lots earned $0.28 in the fourth quarter, compared to $1.75 in the year-ago quarter. The current stock performance of Big Lots shows a 52-week-high of $39.33 and a 52-week-low of $9.60. Moreover, at the end of the last trading period, the closing price was at $9.73.

JP Morgan downgraded the previous rating for ZIM Integrated Shipping Services Ltd ZIM from Overweight to Neutral. In the fourth quarter, ZIM Integrated Shipping showed an EPS of $3.44, compared to $14.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $71.37 and a 52-week-low of $16.23. ZIM Integrated Shipping closed at $20.41 at the end of the last trading period.

For Williams Companies Inc WMB, Raymond James downgraded the previous rating of Strong Buy to Outperform. In the fourth quarter, Williams Companies showed an EPS of $0.53, compared to $0.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.95 and a 52-week-low of $27.80. Williams Companies closed at $29.83 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Raymond James initiated coverage on Western Midstream Partners LP WES with an Outperform rating. The price target for Western Midstream is set to $34.00. For the fourth quarter, Western Midstream had an EPS of $0.85, compared to year-ago quarter EPS of $0.58. The stock has a 52-week-high of $29.47 and a 52-week-low of $21.98. At the end of the last trading period, Western Midstream closed at $26.32.

With a Buy rating, Truist Securities initiated coverage on CyberArk Software Ltd CYBR. The price target seems to have been set at $185.00 for CyberArk Software. In the fourth quarter, CyberArk Software showed an EPS of $0.16, compared to $0.28 from the year-ago quarter. At the moment, the stock has a 52-week-high of $179.80 and a 52-week-low of $100.35. CyberArk Software closed at $131.83 at the end of the last trading period.

Lake Street initiated coverage on Fabrinet FN with a Buy rating. The price target for Fabrinet is set to $130.00. In the second quarter, Fabrinet showed an EPS of $1.90, compared to $1.50 from the year-ago quarter. The current stock performance of Fabrinet shows a 52-week-high of $140.18 and a 52-week-low of $74.65. Moreover, at the end of the last trading period, the closing price was at $95.59.

For Equitrans Midstream Corp ETRN, Raymond James initiated coverage, by setting the current rating at Market Perform. Equitrans Midstream earned $0.13 in the fourth quarter, compared to $0.07 in the year-ago quarter. The current stock performance of Equitrans Midstream shows a 52-week-high of $9.89 and a 52-week-low of $4.60. Moreover, at the end of the last trading period, the closing price was at $4.74.

With an Outperform rating, Raymond James initiated coverage on Hess Midstream LP HESM. The price target seems to have been set at $35.00 for Hess Midstream. For the fourth quarter, Hess Midstream had an EPS of $0.49, compared to year-ago quarter EPS of $0.51. The stock has a 52-week-high of $34.94 and a 52-week-low of $24.34. At the end of the last trading period, Hess Midstream closed at $28.26.

Raymond James initiated coverage on Kinetik Holdings Inc KNTK with a Market Perform rating. The current stock performance of Kinetik Holdings shows a 52-week-high of $44.91 and a 52-week-low of $27.80. Moreover, at the end of the last trading period, the closing price was at $30.18.

Truist Securities initiated coverage on Samsara Inc IOT with a Hold rating. The price target for Samsara is set to $20.00. Samsara earned $0.02 in the fourth quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $22.59 and a 52-week-low of $8.43. Samsara closed at $21.90 at the end of the last trading period.

Truist Securities initiated coverage on Fortinet Inc FTNT with a Buy rating. The price target for Fortinet is set to $82.00. In the fourth quarter, Fortinet showed an EPS of $0.44, compared to $0.25 from the year-ago quarter. The current stock performance of Fortinet shows a 52-week-high of $71.41 and a 52-week-low of $42.69. Moreover, at the end of the last trading period, the closing price was at $66.90.

With a Buy rating, UBS initiated coverage on BILL Holdings Inc BILL. The price target seems to have been set at $95.00 for BILL Holdings. In the second quarter, BILL Holdings showed an EPS of $0.42, compared to $0.00 from the year-ago quarter. The stock has a 52-week-high of $208.47 and a 52-week-low of $68.30. At the end of the last trading period, BILL Holdings closed at $76.68.

HC Wainwright & Co. initiated coverage on Avinger Inc AVGR with a Buy rating. The price target for Avinger is set to $1.60. For the fourth quarter, Avinger had an EPS of $0.70, compared to year-ago quarter EPS of $1.26. The stock has a 52-week-high of $2.96 and a 52-week-low of $0.48. At the end of the last trading period, Avinger closed at $0.49.

Benchmark initiated coverage on Grab Holdings Inc GRAB with a Buy rating. The price target for Grab Hldgs is set to $4.00. In the fourth quarter, Grab Hldgs showed an EPS of $0.10, compared to $0.28 from the year-ago quarter. The stock has a 52-week-high of $4.03 and a 52-week-low of $2.19. At the end of the last trading period, Grab Hldgs closed at $3.01.

With an Underweight rating, Cantor Fitzgerald initiated coverage on Universal Health Services Inc UHS. The price target seems to have been set at $143.00 for Universal Health Servs. In the fourth quarter, Universal Health Servs showed an EPS of $3.02, compared to $2.95 from the year-ago quarter. 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 $136.08.

JP Morgan initiated coverage on Seres Therapeutics Inc MCRB with a Neutral rating. The price target for Seres Therapeutics is set to $7.00. In the fourth quarter, Seres Therapeutics showed an EPS of $0.54, compared to $0.55 from the year-ago quarter. The stock has a 52-week-high of $9.46 and a 52-week-low of $2.50. At the end of the last trading period, Seres Therapeutics closed at $6.33.

B. Riley Securities initiated coverage on Redwire Corp RDW with a Buy rating. The price target for Redwire is set to $5.00. Redwire earned $0.43 in the fourth quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.60 and a 52-week-low of $1.68. Redwire closed at $2.99 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on Varonis Systems Inc VRNS. The price target seems to have been set at $32.00 for Varonis Systems. In the fourth quarter, Varonis Systems showed an EPS of $0.21, compared to $0.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $50.25 and a 52-week-low of $15.61. Varonis Systems closed at $24.75 at the end of the last trading period.

Cantor Fitzgerald initiated coverage on Humana Inc HUM with an Overweight rating. The price target for Humana is set to $597.00. Humana earned $1.62 in the fourth quarter, compared to $1.24 in the year-ago quarter. The current stock performance of Humana shows a 52-week-high of $571.01 and a 52-week-low of $412.93. Moreover, at the end of the last trading period, the closing price was at $490.31.

Cantor Fitzgerald initiated coverage on UnitedHealth Group Inc UNH with an Overweight rating. The price target for UnitedHealth Group is set to $591.00. For the first quarter, UnitedHealth Group had an EPS of $6.26, compared to year-ago quarter EPS of $5.49. The current stock performance of UnitedHealth Group shows a 52-week-high of $557.99 and a 52-week-low of $449.95. Moreover, at the end of the last trading period, the closing price was at $487.46.

Cantor Fitzgerald initiated coverage on Centene Corp CNC with an Overweight rating. The price target for Centene is set to $80.00. For the fourth quarter, Centene had an EPS of $0.86, compared to year-ago quarter EPS of $1.01. The stock has a 52-week-high of $98.50 and a 52-week-low of $61.71. At the end of the last trading period, Centene closed at $65.86.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Surgery Partners Inc SGRY. The price target seems to have been set at $43.00 for Surgery Partners. For the fourth quarter, Surgery Partners had an EPS of $0.27, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $63.82 and a 52-week-low of $20.46. At the end of the last trading period, Surgery Partners closed at $37.70.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Tenet Healthcare Corp THC. The price target seems to have been set at $73.00 for Tenet Healthcare. For the fourth quarter, Tenet Healthcare had an EPS of $1.96, compared to year-ago quarter EPS of $2.70. The current stock performance of Tenet Healthcare shows a 52-week-high of $91.81 and a 52-week-low of $36.70. Moreover, at the end of the last trading period, the closing price was at $66.06.

Cantor Fitzgerald initiated coverage on Molina Healthcare Inc MOH with an Overweight rating. The price target for Molina Healthcare is set to $354.00. In the fourth quarter, Molina Healthcare showed an EPS of $4.10, compared to $2.88 from the year-ago quarter. The stock has a 52-week-high of $373.78 and a 52-week-low of $250.24. At the end of the last trading period, Molina Healthcare closed at $276.04.

Cantor Fitzgerald initiated coverage on HCA Healthcare Inc HCA with an Overweight rating. The price target for HCA Healthcare is set to $304.00. In the first quarter, HCA Healthcare showed an EPS of $4.93, compared to $4.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $278.98 and a 52-week-low of $164.47. HCA Healthcare closed at $270.78 at the end of the last trading period.

Cantor Fitzgerald initiated coverage on Elevance Health Inc ELV with an Overweight rating. The price target for Elevance Health is set to $547.00. Elevance Health earned $9.46 in the first quarter, compared to $8.19 in the year-ago quarter. The current stock performance of Elevance Health shows a 52-week-high of $549.50 and a 52-week-low of $440.31. Moreover, at the end of the last trading period, the closing price was at $454.93.

With a Neutral rating, Cantor Fitzgerald initiated coverage on The Cigna Group CI. The price target seems to have been set at $285.00 for Cigna Group. In the fourth quarter, Cigna Group showed an EPS of $4.96, compared to $4.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $339.99 and a 52-week-low of $240.26. Cigna Group closed at $255.78 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on Camtek Ltd CAMT. The price target seems to have been set at $35.00 for Camtek. In the fourth quarter, Camtek showed an EPS of $0.50, compared to $0.43 from the year-ago quarter. The current stock performance of Camtek shows a 52-week-high of $32.24 and a 52-week-low of $20.85. Moreover, at the end of the last trading period, the closing price was at $25.55.

Cantor Fitzgerald initiated coverage on Progyny Inc PGNY with an Overweight rating. The price target for Progyny is set to $44.00. For the fourth quarter, Progyny had an EPS of $0.03, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $46.40 and a 52-week-low of $25.67. At the end of the last trading period, Progyny closed at $34.24.

Cantor Fitzgerald initiated coverage on DocGo Inc DCGO with an Overweight rating. The price target for DocGo is set to $11.00. In the fourth quarter, DocGo showed an EPS of $0.10, compared to $0.29 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.39 and a 52-week-low of $4.98. DocGo closed at $7.90 at the end of the last trading period.

Jefferies initiated coverage on Nova Ltd NVMI with a Buy rating. The price target for Nova is set to $115.00. In the fourth quarter, Nova showed an EPS of $1.28, compared to $1.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $110.65 and a 52-week-low of $67.67. Nova closed at $92.61 at the end of the last trading period.

With a Neutral rating, Cantor Fitzgerald initiated coverage on Amedisys Inc AMED. The price target seems to have been set at $87.00 for Amedisys. Amedisys earned $1.16 in the fourth quarter, compared to $1.18 in the year-ago quarter. The stock has a 52-week-high of $153.84 and a 52-week-low of $69.36. At the end of the last trading period, Amedisys closed at $75.71.

With an Overweight rating, Cantor Fitzgerald initiated coverage on CVS Health Corp CVS. The price target seems to have been set at $87.00 for CVS Health. CVS Health earned $1.99 in the fourth quarter, compared to $1.98 in the year-ago quarter. The stock has a 52-week-high of $107.60 and a 52-week-low of $72.11. At the end of the last trading period, CVS Health closed at $73.25.

With a Buy rating, Jefferies initiated coverage on Onto Innovation Inc ONTO. The price target seems to have been set at $100.00 for Onto Innovation. Onto Innovation earned $1.57 in the fourth quarter, compared to $1.23 in the year-ago quarter. The stock has a 52-week-high of $89.75 and a 52-week-low of $56.04. At the end of the last trading period, Onto Innovation closed at $81.65.

With a Neutral rating, Roth MKM initiated coverage on DoorDash Inc DASH. The price target seems to have been set at $72.00 for DoorDash. DoorDash earned $0.63 in the fourth quarter, compared to $0.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $107.58 and a 52-week-low of $41.40. DoorDash closed at $59.56 at the end of the last trading period.

DA Davidson initiated coverage on UiPath Inc PATH with a Neutral rating. The price target for UiPath is set to $16.00. UiPath earned $0.15 in the fourth quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $22.30 and a 52-week-low of $10.40. At the end of the last trading period, UiPath closed at $15.46.

Scotiabank initiated coverage on Kyndryl Holdings Inc KD with a Sector Outperform rating. The price target for Kyndryl Hldgs is set to $22.00. In the fourth quarter, Kyndryl Hldgs showed an EPS of $0.47, compared to $3.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $17.21 and a 52-week-low of $7.93. Kyndryl Hldgs closed at $14.12 at the end of the last trading period.

Stephens & Co. initiated coverage on SentinelOne Inc S with an Overweight rating. The price target for SentinelOne is set to $22.00. In the fourth quarter, SentinelOne showed an EPS of $0.13, compared to $0.17 from the year-ago quarter. The current stock performance of SentinelOne shows a 52-week-high of $38.17 and a 52-week-low of $12.69. Moreover, at the end of the last trading period, the closing price was at $17.90.

With a Buy rating, Benchmark initiated coverage on Sea Ltd SE. The price target seems to have been set at $105.00 for Sea. In the fourth quarter, Sea showed an EPS of $0.72, compared to $0.88 from the year-ago quarter. At the moment, the stock has a 52-week-high of $107.00 and a 52-week-low of $40.66. Sea closed at $78.76 at the end of the last trading period.

Benchmark initiated coverage on OmniAb Inc OABI with a Buy rating. The price target for OmniAb is set to $8.00. For the fourth quarter, OmniAb had an EPS of $0.07, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $5.07 and a 52-week-low of $1.91. At the end of the last trading period, OmniAb closed at $3.59.

Stifel initiated coverage on Disc Medicine Inc IRON with a Buy rating. The price target for Disc Medicine is set to $37.00. NoneThe stock has a 52-week-high of $211.50 and a 52-week-low of $13.50. At the end of the last trading period, Disc Medicine closed at $28.10.

With an Outperform rating, Baird initiated coverage on Ocular Therapeutix Inc OCUL. The price target seems to have been set at $18.00 for Ocular Therapeutix. For the fourth quarter, Ocular Therapeutix had an EPS of $0.24, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $6.52 and a 52-week-low of $2.58. At the end of the last trading period, Ocular Therapeutix closed at $5.72.

See all analyst ratings initiations.