Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2023
Upgrades
B of A Securities upgraded the previous rating for U.S. Bancorp (NYSE:USB) from Neutral to Buy. In the first quarter, U.S. Bancorp showed an EPS of $1.16, compared to $0.99 from the year-ago quarter. At the moment, the stock has a 52-week-high of $49.95 and a 52-week-low of $27.27. U.S. Bancorp closed at $33.74 at the end of the last trading period.
According to Wolfe Research, the prior rating for Vale SA (NYSE:VALE) was changed from Peer Perform to Outperform. For the first quarter, Vale had an EPS of $0.41, compared to year-ago quarter EPS of $0.93. At the moment, the stock has a 52-week-high of $19.31 and a 52-week-low of $11.72. Vale closed at $13.21 at the end of the last trading period.
Needham upgraded the previous rating for Everbridge Inc (NASDAQ:EVBG) from Hold to Buy. For the first quarter, Everbridge had an EPS of $0.25, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $42.90 and a 52-week-low of $22.50. At the end of the last trading period, Everbridge closed at $27.14.
According to Piper Sandler, the prior rating for Zillow Group Inc (NASDAQ:ZG) was changed from Neutral to Overweight. For the first quarter, Zillow Gr had an EPS of $0.35, compared to year-ago quarter EPS of $0.49. The stock has a 52-week-high of $51.94 and a 52-week-low of $26.24. At the end of the last trading period, Zillow Gr closed at $46.60.
Jefferies upgraded the previous rating for JPMorgan Chase & Co (NYSE:JPM) from Hold to Buy. JPMorgan Chase earned $4.10 in the first quarter, compared to $2.63 in the year-ago quarter. The stock has a 52-week-high of $147.48 and a 52-week-low of $101.30. At the end of the last trading period, JPMorgan Chase closed at $145.15.
For Sight Sciences Inc (NASDAQ:SGHT), Citigroup downgraded the previous rating of Buy to Neutral. For the first quarter, Sight Sciences had an EPS of $0.35, compared to year-ago quarter EPS of $0.49. 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 $8.05 at the end of the last trading period.
Vertical Research downgraded the previous rating for XPO Inc (NYSE:XPO) from Buy to Hold. XPO earned $0.56 in the first quarter, compared to $1.25 in the year-ago quarter. The stock has a 52-week-high of $61.74 and a 52-week-low of $24.76. At the end of the last trading period, XPO closed at $60.05.
For Alcoa Corp (NYSE:AA), Wolfe Research downgraded the previous rating of Peer Perform to Underperform. Alcoa earned $0.23 in the first quarter, compared to $3.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.19 and a 52-week-low of $31.14. Alcoa closed at $34.14 at the end of the last trading period.
According to Wolfe Research, the prior rating for Eaton Corp PLC (NYSE:ETN) was changed from Outperform to Peer Perform. In the first quarter, Eaton Corp showed an EPS of $1.88, compared to $1.62 from the year-ago quarter. The stock has a 52-week-high of $203.15 and a 52-week-low of $122.50. At the end of the last trading period, Eaton Corp closed at $203.06.
According to Baird, the prior rating for Gentherm Inc (NASDAQ:THRM) was changed from Outperform to Neutral. In the first quarter, Gentherm showed an EPS of $0.49, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.12 and a 52-week-low of $49.46. Gentherm closed at $55.88 at the end of the last trading period.
According to Jefferies, the prior rating for Hancock Whitney Corp (NASDAQ:HWC) was changed from Buy to Hold. In the first quarter, Hancock Whitney showed an EPS of $1.45, compared to $1.40 from the year-ago quarter. The stock has a 52-week-high of $56.95 and a 52-week-low of $31.02. At the end of the last trading period, Hancock Whitney closed at $40.17.
For Zions Bancorp NA (NASDAQ:ZION), Jefferies downgraded the previous rating of Buy to Hold. Zions Bancorp earned $1.33 in the first quarter, compared to $1.27 in the year-ago quarter. The stock has a 52-week-high of $59.74 and a 52-week-low of $18.26. At the end of the last trading period, Zions Bancorp closed at $29.56.
For XPeng Inc (NYSE:XPEV), Goldman Sachs initiated coverage, by setting the current rating at Buy. For the first quarter, XPeng had an EPS of $0.37, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $32.75 and a 52-week-low of $6.18. XPeng closed at $14.15 at the end of the last trading period.
With a Sector Perform rating, RBC Capital initiated coverage on Hammerhead Energy Inc (NASDAQ:HHRS). The price target seems to have been set at $13.00 for Hammerhead Energy. At the moment, the stock has a 52-week-high of $39.30 and a 52-week-low of $6.00. Hammerhead Energy closed at $7.49 at the end of the last trading period.
For Generac Holdings Inc (NYSE:GNRC), Argus Research upgraded the previous rating of Hold to Buy. For the first quarter, Generac Hldgs had an EPS of $0.63, compared to year-ago quarter EPS of $2.09. The current stock performance of Generac Hldgs shows a 52-week-high of $281.95 and a 52-week-low of $86.29. Moreover, at the end of the last trading period, the closing price was at $141.11.
For Procore Technologies Inc (NYSE:PCOR), Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. In the first quarter, Procore Technologies showed an EPS of $0.01, compared to $0.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $68.68 and a 52-week-low of $41.80. Procore Technologies closed at $65.27 at the end of the last trading period.
According to Truist Securities, the prior rating for The Scotts Miracle Gro Co (NYSE:SMG) was changed from Hold to Buy. In the second quarter, Scotts Miracle Gro showed an EPS of $3.78, compared to $5.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $89.95 and a 52-week-low of $39.06. Scotts Miracle Gro closed at $65.42 at the end of the last trading period.
For Rockwell Automation Inc (NYSE:ROK), Wolfe Research upgraded the previous rating of Underperform to Peer Perform. For the second quarter, Rockwell Automation had an EPS of $3.01, compared to year-ago quarter EPS of $1.66. The current stock performance of Rockwell Automation shows a 52-week-high of $335.86 and a 52-week-low of $192.97. Moreover, at the end of the last trading period, the closing price was at $335.75.
According to BMO Capital, the prior rating for RenaissanceRe Holdings Ltd (NYSE:RNR) was changed from Market Perform to Outperform. RenaissanceRe Holdings earned $8.16 in the first quarter, compared to $3.50 in the year-ago quarter. The stock has a 52-week-high of $223.80 and a 52-week-low of $124.20. At the end of the last trading period, RenaissanceRe Holdings closed at $189.11.
Keefe, Bruyette & Woods upgraded the previous rating for Cincinnati Financial Corp (NASDAQ:CINF) from Market Perform to Outperform. In the first quarter, Cincinnati Financial showed an EPS of $0.89, compared to $1.58 from the year-ago quarter. The stock has a 52-week-high of $130.66 and a 52-week-low of $88.67. At the end of the last trading period, Cincinnati Financial closed at $97.40.
For Charles River Laboratories International Inc (NYSE:CRL), Citigroup downgraded the previous rating of Buy to Neutral. For the first quarter, Charles River had an EPS of $2.78, compared to year-ago quarter EPS of $2.75. The current stock performance of Charles River shows a 52-week-high of $262.00 and a 52-week-low of $181.22. Moreover, at the end of the last trading period, the closing price was at $208.80.
According to Goldman Sachs, the prior rating for Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR) was changed from Neutral to Sell. Grupo Aeroportuario earned $4.64 in the first quarter, compared to $3.67 in the year-ago quarter. The stock has a 52-week-high of $314.48 and a 52-week-low of $180.12. At the end of the last trading period, Grupo Aeroportuario closed at $284.96.
Evercore ISI Group downgraded the previous rating for JetBlue Airways Corp (NASDAQ:JBLU) from In-Line to Underperform. JetBlue Airways earned $0.34 in the first quarter, compared to $0.80 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.45 and a 52-week-low of $6.18. JetBlue Airways closed at $9.28 at the end of the last trading period.
According to Wolfe Research, the prior rating for Teck Resources Ltd (NYSE:TECK) was changed from Outperform to Peer Perform. Teck Resources earned $1.32 in the first quarter, compared to $2.34 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.34 and a 52-week-low of $24.73. Teck Resources closed at $41.76 at the end of the last trading period.
According to Wolfe Research, the prior rating for Century Aluminum Co (NASDAQ:CENX) was changed from Peer Perform to Underperform. For the first quarter, Century Aluminum had an EPS of $0.11, compared to year-ago quarter EPS of $0.59. At the moment, the stock has a 52-week-high of $12.96 and a 52-week-low of $5.27. Century Aluminum closed at $8.81 at the end of the last trading period.
According to Keefe, Bruyette & Woods, the prior rating for CNA Financial Corp (NYSE:CNA) was changed from Outperform to Market Perform. In the first quarter, CNA Financial showed an EPS of $1.19, compared to $1.16 from the year-ago quarter. The current stock performance of CNA Financial shows a 52-week-high of $45.42 and a 52-week-low of $35.92. Moreover, at the end of the last trading period, the closing price was at $38.27.
According to Morgan Stanley, the prior rating for Toyota Motor Corp (NYSE:TM) was changed from Overweight to Equal-Weight. In the fourth quarter, Toyota Motor showed an EPS of $3.08, compared to $3.34 from the year-ago quarter. The current stock performance of Toyota Motor shows a 52-week-high of $169.07 and a 52-week-low of $130.09. Moreover, at the end of the last trading period, the closing price was at $160.24.
For VeriSign Inc (NASDAQ:VRSN), Baird downgraded the previous rating of Outperform to Neutral. For the first quarter, VeriSign had an EPS of $1.70, compared to year-ago quarter EPS of $1.43. The current stock performance of VeriSign shows a 52-week-high of $229.72 and a 52-week-low of $169.24. Moreover, at the end of the last trading period, the closing price was at $225.09.
According to Jefferies, the prior rating for Truist Financial Corp (NYSE:TFC) was changed from Buy to Hold. For the first quarter, Truist Finl had an EPS of $1.09, compared to year-ago quarter EPS of $1.23. The current stock performance of Truist Finl shows a 52-week-high of $53.34 and a 52-week-low of $25.56. Moreover, at the end of the last trading period, the closing price was at $32.19.
For Gol Intelligent Airlines Inc (NYSE:GOL), Goldman Sachs downgraded the previous rating of Buy to Neutral. For the first quarter, Gol Intelligent Airlines had an EPS of $0.13, compared to year-ago quarter EPS of $0.67. At the moment, the stock has a 52-week-high of $5.59 and a 52-week-low of $2.00. Gol Intelligent Airlines closed at $4.76 at the end of the last trading period.
With a Buy rating, Craig-Hallum initiated coverage on BioLife Solutions Inc (NASDAQ:BLFS). The price target seems to have been set at $29.00 for BioLife Solns. BioLife Solns earned $0.27 in the first quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.95 and a 52-week-low of $14.93. BioLife Solns closed at $21.29 at the end of the last trading period.
Northland Capital Markets initiated coverage on TeraWulf Inc (NASDAQ:WULF) with an Outperform rating. The price target for TeraWulf is set to $4.25. TeraWulf earned $0.16 in the first quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $3.18 and a 52-week-low of $0.54. TeraWulf closed at $3.13 at the end of the last trading period.
With a Buy rating, Canaccord Genuity initiated coverage on Hillman Solutions Corp (NASDAQ:HLMN). The price target seems to have been set at $12.00 for Hillman Solns. For the first quarter, Hillman Solns had an EPS of $0.06, compared to year-ago quarter EPS of $0.09. The current stock performance of Hillman Solns shows a 52-week-high of $10.65 and a 52-week-low of $6.60. Moreover, at the end of the last trading period, the closing price was at $8.71.
Janney Montgomery Scott initiated coverage on USCB Financial Holdings Inc (NASDAQ:USCB) with a Neutral rating. In the first quarter, USCB Financial Holdings showed an EPS of $0.29, compared to $0.24 from the year-ago quarter. The current stock performance of USCB Financial Holdings shows a 52-week-high of $14.90 and a 52-week-low of $8.56. Moreover, at the end of the last trading period, the closing price was at $10.70.
Cantor Fitzgerald initiated coverage on Soleno Therapeutics Inc (NASDAQ:SLNO) with an Overweight rating. The price target for Soleno Therapeutics is set to $19.00. In the first quarter, Soleno Therapeutics showed an EPS of $0.88, compared to $1.05 from the year-ago quarter. The current stock performance of Soleno Therapeutics shows a 52-week-high of $6.20 and a 52-week-low of $0.85. Moreover, at the end of the last trading period, the closing price was at $4.83.
Canaccord Genuity initiated coverage on Newell Brands Inc (NASDAQ:NWL) with a Buy rating. The price target for Newell Brands is set to $13.00. Newell Brands earned $0.06 in the first quarter, compared to $0.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.54 and a 52-week-low of $7.80. Newell Brands closed at $8.89 at the end of the last trading period.
With a Buy rating, UBS initiated coverage on Commercial Metals Co (NYSE:CMC). The price target seems to have been set at $63.00 for Commercial Metals. For the third quarter, Commercial Metals had an EPS of $2.02, compared to year-ago quarter EPS of $2.61. At the moment, the stock has a 52-week-high of $58.09 and a 52-week-low of $32.94. Commercial Metals closed at $53.66 at the end of the last trading period.
With a Buy rating, Ascendiant Capital initiated coverage on Society Pass Inc (NASDAQ:SOPA). The price target seems to have been set at $3.50 for Society Pass. Society Pass earned $0.20 in the first quarter, compared to $0.30 in the year-ago quarter. The stock has a 52-week-high of $3.14 and a 52-week-low of $0.47. At the end of the last trading period, Society Pass closed at $0.52.
Roth MKM initiated coverage on Gambling.com Group Ltd (NASDAQ:GAMB) with a Buy rating. The price target for Gambling.com Gr is set to $13.00. For the first quarter, Gambling.com Gr had an EPS of $0.20, compared to year-ago quarter EPS of $0.12. The current stock performance of Gambling.com Gr shows a 52-week-high of $11.49 and a 52-week-low of $6.62. Moreover, at the end of the last trading period, the closing price was at $10.63.
With a Neutral rating, Goldman Sachs initiated coverage on Terreno Realty Corp (NYSE:TRNO). The price target seems to have been set at $65.00 for Terreno Realty. Terreno Realty earned $0.51 in the first quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $67.03 and a 52-week-low of $50.39. At the end of the last trading period, Terreno Realty closed at $58.33.
Jefferies initiated coverage on Toast Inc (NYSE:TOST) with a Buy rating. The price target for Toast is set to $28.00. For the first quarter, Toast had an EPS of $0.16, compared to year-ago quarter EPS of $0.20. The current stock performance of Toast shows a 52-week-high of $26.04 and a 52-week-low of $13.56. Moreover, at the end of the last trading period, the closing price was at $22.82.
Guggenheim initiated coverage on Syndax Pharmaceuticals Inc (NASDAQ:SNDX) with a Buy rating. The price target for Syndax Pharmaceuticals is set to $40.00. Syndax Pharmaceuticals earned $0.59 in the first quarter, compared to $0.63 in the year-ago quarter. The current stock performance of Syndax Pharmaceuticals shows a 52-week-high of $29.86 and a 52-week-low of $18.08. Moreover, at the end of the last trading period, the closing price was at $20.28.
With a Buy rating, Berenberg initiated coverage on i3 Verticals Inc (NASDAQ:IIIV). The price target seems to have been set at $30.00 for i3 Verticals. i3 Verticals earned $0.38 in the second quarter, compared to $0.37 in the year-ago quarter. The current stock performance of i3 Verticals shows a 52-week-high of $30.84 and a 52-week-low of $18.60. Moreover, at the end of the last trading period, the closing price was at $22.65.
With a Buy rating, Berenberg initiated coverage on Payoneer Global Inc (NASDAQ:PAYO). The price target seems to have been set at $7.00 for Payoneer Global. In the first quarter, Payoneer Global showed an EPS of $0.02, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.02 and a 52-week-low of $4.02. Payoneer Global closed at $4.83 at the end of the last trading period.
With a Buy rating, Benchmark initiated coverage on Haverty Furniture Companies Inc (NYSE:HVT). The price target seems to have been set at $41.00 for Haverty Furniture Cos. In the first quarter, Haverty Furniture Cos showed an EPS of $0.74, compared to $1.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $38.85 and a 52-week-low of $23.90. Haverty Furniture Cos closed at $30.73 at the end of the last trading period.
With an Overweight rating, Keybanc initiated coverage on Murphy Oil Corp (NYSE:MUR). The price target seems to have been set at $47.00 for Murphy Oil. In the first quarter, Murphy Oil showed an EPS of $1.24, compared to $0.73 from the year-ago quarter. The stock has a 52-week-high of $51.26 and a 52-week-low of $25.97. At the end of the last trading period, Murphy Oil closed at $39.28.
