Benzinga's Top Ratings Upgrades, Downgrades For July 10, 2023

Upgrades

For Sealed Air Corp (NYSE:SEE), B of A Securities upgraded the previous rating of Neutral to Buy. For the first quarter, Sealed Air had an EPS of $0.74, compared to year-ago quarter EPS of $1.12. At the moment, the stock has a 52-week-high of $62.12 and a 52-week-low of $37.34. Sealed Air closed at $40.94 at the end of the last trading period.

Barclays upgraded the previous rating for Azul SA (NYSE:AZUL) from Underweight to Equal-Weight. Azul earned $0.99 in the first quarter, compared to $1.14 in the year-ago quarter. The current stock performance of Azul shows a 52-week-high of $13.87 and a 52-week-low of $3.82. Moreover, at the end of the last trading period, the closing price was at $11.86.

See all analyst ratings upgrades.

Downgrades

Citigroup downgraded the previous rating for SIGNA Sports United NV (NYSE:SSU) from Neutral to Sell. The current stock performance of SIGNA Sports United shows a 52-week-high of $7.40 and a 52-week-low of $2.76. Moreover, at the end of the last trading period, the closing price was at $2.98.

For Cedar Fair LP (NYSE:FUN), Citigroup downgraded the previous rating of Buy to Neutral. Cedar Fair earned $2.61 in the first quarter, compared to $1.56 in the year-ago quarter. The stock has a 52-week-high of $47.95 and a 52-week-low of $37.92. At the end of the last trading period, Cedar Fair closed at $39.24.

Loop Capital downgraded the previous rating for The Aarons Co Inc (NYSE:AAN) from Buy to Hold. Aarons earned $0.66 in the first quarter, compared to $0.87 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.61 and a 52-week-low of $7.64. Aarons closed at $15.28 at the end of the last trading period.

For Sight Sciences Inc (NASDAQ:SGHT), Citigroup downgraded the previous rating of Buy to Neutral. In the first quarter, Sight Sciences showed an EPS of $0.35, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $15.29 and a 52-week-low of $5.35. Sight Sciences closed at $8.55 at the end of the last trading period.

Keybanc downgraded the previous rating for Watsco Inc (NYSE:WSO) from Overweight to Sector Weight. Watsco earned $2.83 in the first quarter, compared to $2.90 in the year-ago quarter. At the moment, the stock has a 52-week-high of $383.83 and a 52-week-low of $229.69. Watsco closed at $370.38 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

BTIG initiated coverage on Intapp Inc (NASDAQ:INTA) with a Buy rating. The price target for Intapp is set to $55.00. For the third quarter, Intapp had an EPS of $0.03, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $50.46 and a 52-week-low of $13.70. At the end of the last trading period, Intapp closed at $38.69.

For Cava Group Inc (NYSE:CAVA), William Blair initiated coverage, by setting the current rating at Outperform. The current stock performance of Cava Group shows a 52-week-high of $47.89 and a 52-week-low of $36.45. Moreover, at the end of the last trading period, the closing price was at $39.62.

With an Overweight rating, Piper Sandler initiated coverage on Cava Group Inc (NYSE:CAVA). The price target seems to have been set at $45.00 for Cava Group. The stock has a 52-week-high of $47.89 and a 52-week-low of $36.45. At the end of the last trading period, Cava Group closed at $39.62.

Morgan Stanley initiated coverage on Cava Group Inc (NYSE:CAVA) with a Equal-Weight rating. The price target for Cava Group is set to $43.00. The current stock performance of Cava Group shows a 52-week-high of $47.89 and a 52-week-low of $36.45. Moreover, at the end of the last trading period, the closing price was at $39.62.

Stifel initiated coverage on Cava Group Inc (NYSE:CAVA) with a Buy rating. The price target for Cava Group is set to $48.00. At the moment, the stock has a 52-week-high of $47.89 and a 52-week-low of $36.45. Cava Group closed at $39.62 at the end of the last trading period.

With a Buy rating, Jefferies initiated coverage on Cava Group Inc (NYSE:CAVA). The price target seems to have been set at $48.00 for Cava Group. The current stock performance of Cava Group shows a 52-week-high of $47.89 and a 52-week-low of $36.45. Moreover, at the end of the last trading period, the closing price was at $39.62.

JP Morgan initiated coverage on Cava Group Inc (NYSE:CAVA) with an Overweight rating. The price target for Cava Group is set to $45.00. At the moment, the stock has a 52-week-high of $47.89 and a 52-week-low of $36.45. Cava Group closed at $39.62 at the end of the last trading period.

With a Neutral rating, Citigroup initiated coverage on Cava Group Inc (NYSE:CAVA). The price target seems to have been set at $42.00 for Cava Group. The stock has a 52-week-high of $47.89 and a 52-week-low of $36.45. At the end of the last trading period, Cava Group closed at $39.62.

See all analyst ratings initiations.

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