Benzinga's Top Ratings Upgrades, Downgrades For April 25, 2023

Upgrades

Erste Group upgraded the previous rating for NVIDIA Corp (NASDAQ:NVDA) from Hold to Buy. In the fourth quarter, NVIDIA showed an EPS of $0.88, compared to $1.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $281.10 and a 52-week-low of $108.14. NVIDIA closed at $270.42 at the end of the last trading period.

Stifel upgraded the previous rating for Euronav NV (NYSE:EURN) from Hold to Buy. Euronav earned $1.16 in the fourth quarter, compared to $0.36 in the year-ago quarter. The current stock performance of Euronav shows a 52-week-high of $21.00 and a 52-week-low of $9.94. Moreover, at the end of the last trading period, the closing price was at $17.83.

DA Davidson upgraded the previous rating for Sierra Bancorp (NASDAQ:BSRR) from Neutral to Buy. For the first quarter, Sierra had an EPS of $0.58, compared to year-ago quarter EPS of $0.49. The stock has a 52-week-high of $24.72 and a 52-week-low of $15.81. At the end of the last trading period, Sierra closed at $15.99.

For Range Resources Corp (NYSE:RRC), Benchmark upgraded the previous rating of Hold to Buy. Range Resources earned $0.99 in the first quarter, compared to $1.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $37.39 and a 52-week-low of $22.61. Range Resources closed at $25.69 at the end of the last trading period.

For Squarespace Inc (NYSE:SQSP), Citigroup upgraded the previous rating of Neutral to Buy. Squarespace earned $0.07 in the fourth quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of $33.41 and a 52-week-low of $14.43. At the end of the last trading period, Squarespace closed at $30.71.

According to Jefferies, the prior rating for XPeng Inc (NYSE:XPEV) was changed from Underperform to Hold. For the fourth quarter, XPeng had an EPS of $0.37, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $35.35 and a 52-week-low of $6.18. XPeng closed at $9.29 at the end of the last trading period.

According to Barclays, the prior rating for Universal Health Services Inc (NYSE:UHS) was changed from Underweight to Equal-Weight. The stock has a 52-week-high of $154.65 and a 52-week-low of $82.50. At the end of the last trading period, Universal Health Servs closed at $140.70.

See all analyst ratings upgrades.

Downgrades

Barclays downgraded the previous rating for Viatris Inc (NASDAQ:VTRS) from Overweight to Equal-Weight. In the fourth quarter, Viatris showed an EPS of $0.67, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.40 and a 52-week-low of $8.43. Viatris closed at $9.33 at the end of the last trading period.

For NextEra Energy Inc (NYSE:NEE), Erste Group downgraded the previous rating of Buy to Hold. NextEra Energy earned $0.84 in the first quarter, compared to $0.74 in the year-ago quarter. At the moment, the stock has a 52-week-high of $91.35 and a 52-week-low of $67.23. NextEra Energy closed at $79.04 at the end of the last trading period.

Jefferies downgraded the previous rating for Capri Holdings Ltd (NYSE:CPRI) from Buy to Hold. Capri Holdings earned $1.84 in the third quarter, compared to $2.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.25 and a 52-week-low of $36.91. Capri Holdings closed at $45.00 at the end of the last trading period.

Goldman Sachs downgraded the previous rating for PDD Holdings Inc (NASDAQ:PDD) from Buy to Neutral. In the fourth quarter, PDD Holdings showed an EPS of $1.21, compared to $0.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $106.38 and a 52-week-low of $31.01. PDD Holdings closed at $66.75 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With an Overweight rating, Piper Sandler initiated coverage on VF Corp (NYSE:VFC). The price target seems to have been set at $29.00 for VF. VF earned $1.12 in the third quarter, compared to $1.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $56.07 and a 52-week-low of $20.03. VF closed at $22.92 at the end of the last trading period.

WestPark Capital initiated coverage on SKYX Platforms Corp (NASDAQ:SKYX) with a Buy rating. The price target for SKYX Platforms is set to $7.00. The current stock performance of SKYX Platforms shows a 52-week-high of $13.60 and a 52-week-low of $1.39. Moreover, at the end of the last trading period, the closing price was at $3.43.

Wells Fargo initiated coverage on Unum Group (NYSE:UNM) with an Overweight rating. The price target for Unum Gr is set to $57.00. In the fourth quarter, Unum Gr showed an EPS of $1.43, compared to $0.89 from the year-ago quarter. The stock has a 52-week-high of $46.61 and a 52-week-low of $30.21. At the end of the last trading period, Unum Gr closed at $40.77.

EF Hutton initiated coverage on Apollomics Inc (NASDAQ:APLM) with a Buy rating. The price target for Apollomics is set to $25.00. At the moment, the stock has a 52-week-high of $49.00 and a 52-week-low of $3.71. Apollomics closed at $4.04 at the end of the last trading period.

Wedbush initiated coverage on DoubleDown Interactive Co Ltd (NASDAQ:DDI) with an Outperform rating. The price target for DoubleDown Interactive is set to $12.25. In the fourth quarter, DoubleDown Interactive showed an EPS of $0.31, compared to $0.35 from the year-ago quarter.

See all analyst ratings initiations.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.