Benzinga's Top Ratings Upgrades, Downgrades For July 6, 2023

Upgrades

According to Raymond James, the prior rating for First Horizon Corp (NYSE:FHN) was changed from Market Perform to Outperform. First Horizon earned $0.45 in the first quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $24.90 and a 52-week-low of $8.99. At the end of the last trading period, First Horizon closed at $11.69.

According to Raymond James, the prior rating for Associated Banc-Corp (NYSE:ASB) was changed from Market Perform to Outperform. Associated Banc earned $0.66 in the first quarter, compared to $0.47 in the year-ago quarter. The stock has a 52-week-high of $25.48 and a 52-week-low of $14.47. At the end of the last trading period, Associated Banc closed at $16.42.

According to B of A Securities, the prior rating for Sweetgreen Inc (NYSE:SG) was changed from Neutral to Buy. In the first quarter, Sweetgreen showed an EPS of $0.30, compared to $0.45 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.65 and a 52-week-low of $6.10. Sweetgreen closed at $13.04 at the end of the last trading period.

For Simon Property Group Inc (NYSE:SPG), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. Simon Property Group earned $2.74 in the first quarter, compared to $2.78 in the year-ago quarter. The stock has a 52-week-high of $133.08 and a 52-week-low of $86.05. At the end of the last trading period, Simon Property Group closed at $118.21.

See all analyst ratings upgrades.

Downgrades

According to Argus Research, the prior rating for Veradigm Inc (NASDAQ:MDRX) was changed from Buy to Hold. For the third quarter, Veradigm had an EPS of $0.23, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $19.77 and a 52-week-low of $11.30. At the end of the last trading period, Veradigm closed at $12.70.

According to Raymond James, the prior rating for Great Ajax Corp (NYSE:AJX) was changed from Outperform to Market Perform. For the first quarter, Great Ajax had an EPS of $0.09, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $11.19 and a 52-week-low of $5.15. At the end of the last trading period, Great Ajax closed at $6.85.

According to Jefferies, the prior rating for Amedisys Inc (NASDAQ:AMED) was changed from Buy to Hold. Amedisys earned $1.00 in the first quarter, compared to $1.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $131.28 and a 52-week-low of $69.36. Amedisys closed at $91.28 at the end of the last trading period.

For American Express Co (NYSE:AXP), Baird downgraded the previous rating of Outperform to Neutral. For the first quarter, American Express had an EPS of $2.40, compared to year-ago quarter EPS of $2.73. At the moment, the stock has a 52-week-high of $182.15 and a 52-week-low of $130.82. American Express closed at $174.97 at the end of the last trading period.

According to Wolfe Research, the prior rating for Netstreit Corp (NYSE:NTST) was changed from Outperform to Peer Perform. For the first quarter, Netstreit had an EPS of $0.30, compared to year-ago quarter EPS of $0.29. The stock has a 52-week-high of $21.48 and a 52-week-low of $17.07. At the end of the last trading period, Netstreit closed at $17.95.

Piper Sandler downgraded the previous rating for HubSpot Inc (NYSE:HUBS) from Overweight to Neutral. For the first quarter, HubSpot had an EPS of $1.20, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $535.90 and a 52-week-low of $245.85. At the end of the last trading period, HubSpot closed at $520.86.

See all analyst ratings downgrades.

Initiations

Citigroup initiated coverage on Textron Inc (NYSE:TXT) with a Buy rating. The price target for Textron is set to $90.00. In the first quarter, Textron showed an EPS of $1.05, compared to $0.88 from the year-ago quarter. The stock has a 52-week-high of $76.11 and a 52-week-low of $58.00. At the end of the last trading period, Textron closed at $67.15.

Raymond James initiated coverage on World Kinect Corp (NYSE:WKC) with an Outperform rating. The price target for World Kinect is set to $30.00. At the moment, the stock has a 52-week-high of $25.10 and a 52-week-low of $19.78. World Kinect closed at $20.82 at the end of the last trading period.

See all analyst ratings initiations.

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