Benzinga's Top Ratings Upgrades, Downgrades For June 26, 2023

Upgrades

According to B. Riley Securities, the prior rating for Identiv Inc (NASDAQ:INVE) was changed from Neutral to Buy. Identiv earned $0.13 in the first quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.92 and a 52-week-low of $5.07. Identiv closed at $7.18 at the end of the last trading period.

According to DA Davidson, the prior rating for WSFS Financial Corp (NASDAQ:WSFS) was changed from Neutral to Buy. In the first quarter, WSFS Financial showed an EPS of $1.02, compared to $0.66 from the year-ago quarter. The stock has a 52-week-high of $51.77 and a 52-week-low of $29.59. At the end of the last trading period, WSFS Financial closed at $35.17.

According to B of A Securities, the prior rating for Alliant Energy Corp (NASDAQ:LNT) was changed from Neutral to Buy. Alliant Energy earned $0.65 in the first quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $64.59 and a 52-week-low of $47.23. At the end of the last trading period, Alliant Energy closed at $51.83.

For Sherwin-Williams Co (NYSE:SHW), BMO Capital upgraded the previous rating of Market Perform to Outperform. For the first quarter, Sherwin-Williams had an EPS of $2.04, compared to year-ago quarter EPS of $1.61. The stock has a 52-week-high of $264.69 and a 52-week-low of $195.57. At the end of the last trading period, Sherwin-Williams closed at $247.04.

Keybanc upgraded the previous rating for Sotera Health Co (NASDAQ:SHC) from Sector Weight to Overweight. For the first quarter, Sotera Health had an EPS of $0.13, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $20.95 and a 52-week-low of $5.78. Sotera Health closed at $17.99 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Raymond James, the prior rating for FibroGen Inc (NASDAQ:FGEN) was changed from Outperform to Market Perform. FibroGen earned $0.81 in the first quarter, compared to $0.68 in the year-ago quarter. The stock has a 52-week-high of $25.69 and a 52-week-low of $10.46. At the end of the last trading period, FibroGen closed at $16.05.

According to B of A Securities, the prior rating for World Kinect Corp (NYSE:WKC) was changed from Buy to Underperform. The current stock performance of World Kinect shows a 52-week-high of $25.10 and a 52-week-low of $21.14. Moreover, at the end of the last trading period, the closing price was at $22.63.

JP Morgan downgraded the previous rating for Mercury Systems Inc (NASDAQ:MRCY) from Overweight to Neutral. Mercury Sys earned $0.40 in the third quarter, compared to $0.57 in the year-ago quarter. The stock has a 52-week-high of $65.41 and a 52-week-low of $34.13. At the end of the last trading period, Mercury Sys closed at $34.87.

For Northwest Healthcare Properties Real Estate Investment Trust (OTC:NWHUF), BMO Capital downgraded the previous rating of Outperform to Market Perform.

For Ashland Inc (NYSE:ASH), BMO Capital downgraded the previous rating of Outperform to Market Perform. In the second quarter, Ashland showed an EPS of $1.43, compared to $1.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $114.32 and a 52-week-low of $81.82. Ashland closed at $81.95 at the end of the last trading period.

For Tesla Inc (NASDAQ:TSLA), Goldman Sachs downgraded the previous rating of Buy to Neutral. In the first quarter, Tesla showed an EPS of $0.85, compared to $1.07 from the year-ago quarter. The stock has a 52-week-high of $314.67 and a 52-week-low of $101.81. At the end of the last trading period, Tesla closed at $256.60.

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Initiations

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