Benzinga's Top Ratings Upgrades, Downgrades For May 2, 2023

Upgrades

According to Colliers Securities, the prior rating for Centerspace (NYSE:CSR) was changed from Neutral to Buy. In the first quarter, Centerspace showed an EPS of $1.07, compared to $0.98 from the year-ago quarter. The stock has a 52-week-high of $96.84 and a 52-week-low of $51.26. At the end of the last trading period, Centerspace closed at $56.87.

According to RBC Capital, the prior rating for VSE Corp (NASDAQ:VSEC) was changed from Sector Perform to Outperform. VSE earned $0.83 in the first quarter, compared to $0.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $59.15 and a 52-week-low of $32.28. VSE closed at $42.98 at the end of the last trading period.

For PENN Entertainment Inc (NASDAQ:PENN), Roth MKM upgraded the previous rating of Neutral to Buy. For the fourth quarter, PENN Entertainment had an EPS of $0.13, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $39.35 and a 52-week-low of $25.49. At the end of the last trading period, PENN Entertainment closed at $30.53.

Morgan Stanley upgraded the previous rating for HP Inc (NYSE:HPQ) from Underweight to Equal-Weight. HP earned $0.75 in the first quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $40.74 and a 52-week-low of $24.08. At the end of the last trading period, HP closed at $29.96.

See all analyst ratings upgrades.

Downgrades

Northland Capital Markets downgraded the previous rating for Chegg Inc (NYSE:CHGG) from Outperform to Market Perform. Chegg earned $0.27 in the first quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $30.05 and a 52-week-low of $15.25. At the end of the last trading period, Chegg closed at $17.60.

Argus Research downgraded the previous rating for PACCAR Inc (NASDAQ:PCAR) from Buy to Hold. In the first quarter, PACCAR showed an EPS of $2.25, compared to $1.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.72 and a 52-week-low of $51.33. PACCAR closed at $74.79 at the end of the last trading period.

According to Barclays, the prior rating for Under Armour Inc (NYSE:UAA) was changed from Overweight to Equal-Weight. In the third quarter, Under Armour showed an EPS of $0.16, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $15.79 and a 52-week-low of $6.39. At the end of the last trading period, Under Armour closed at $8.62.

B of A Securities downgraded the previous rating for Quest Diagnostics Inc (NYSE:DGX) from Buy to Neutral. Quest Diagnostics earned $2.04 in the first quarter, compared to $3.22 in the year-ago quarter. The stock has a 52-week-high of $158.34 and a 52-week-low of $120.40. At the end of the last trading period, Quest Diagnostics closed at $139.48.

For SoFi Technologies Inc (NASDAQ:SOFI), Wedbush downgraded the previous rating of Outperform to Neutral. For the first quarter, SoFi Techs had an EPS of $0.05, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $8.52 and a 52-week-low of $4.25. At the end of the last trading period, SoFi Techs closed at $5.47.

HC Wainwright & Co. downgraded the previous rating for IMV Inc (NASDAQ:IMV) from Buy to Neutral. For the fourth quarter, IMV had an EPS of $0.95, compared to year-ago quarter EPS of $1.40.

For Chegg Inc (NYSE:CHGG), Jefferies downgraded the previous rating of Buy to Hold. Chegg earned $0.27 in the first quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.05 and a 52-week-low of $15.25. Chegg closed at $17.60 at the end of the last trading period.

For Coinbase Global Inc (NASDAQ:COIN), Citigroup downgraded the previous rating of Buy to Neutral. Coinbase Glb earned $2.46 in the fourth quarter, compared to $3.32 in the year-ago quarter. The stock has a 52-week-high of $132.72 and a 52-week-low of $31.55. At the end of the last trading period, Coinbase Glb closed at $50.14.

See all analyst ratings downgrades.

Initiations

Northcoast Research initiated coverage on Brinker International Inc (NYSE:EAT) with a Neutral rating. Brinker International earned $0.76 in the second quarter, compared to $0.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $42.12 and a 52-week-low of $21.48. Brinker International closed at $40.28 at the end of the last trading period.

UBS initiated coverage on Ameresco Inc (NYSE:AMRC) with a Buy rating. The price target for Ameresco is set to $60.00. Ameresco earned $0.03 in the first quarter, compared to $0.36 in the year-ago quarter. The stock has a 52-week-high of $76.52 and a 52-week-low of $40.61. At the end of the last trading period, Ameresco closed at $40.78.

See all analyst ratings initiations.

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