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© 2026 Benzinga | All Rights Reserved
July 14, 2023 11:02 AM 16 min read

Benzinga's Top Ratings Upgrades, Downgrades For July 14, 2023

by Benzinga Insights Benzinga Staff Writer
Follow

Upgrades

For General Mills Inc (NYSE:GIS), Argus Research upgraded the previous rating of Hold to Buy. For the fourth quarter, General Mills had an EPS of $1.12, compared to year-ago quarter EPS of $1.12. The current stock performance of General Mills shows a 52-week-high of $90.89 and a 52-week-low of $72.18. Moreover, at the end of the last trading period, the closing price was at $74.79.

According to Maxim Group, the prior rating for Kintara Therapeutics Inc (NASDAQ:KTRA) was changed from Hold to Buy. For the third quarter, Kintara Therapeutics had an EPS of $1.94, compared to year-ago quarter EPS of $5.45. The stock has a 52-week-high of $19.87 and a 52-week-low of $2.70. At the end of the last trading period, Kintara Therapeutics closed at $4.60.

Northland Capital Markets upgraded the previous rating for Plug Power Inc (NASDAQ:PLUG) from Market Perform to Outperform. Plug Power earned $0.35 in the first quarter, compared to $0.27 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.50 and a 52-week-low of $7.39. Plug Power closed at $12.36 at the end of the last trading period.

For Toll Brothers Inc (NYSE:TOL), Raymond James upgraded the previous rating of Outperform to Strong Buy. In the second quarter, Toll Brothers showed an EPS of $2.85, compared to $1.85 from the year-ago quarter. The stock has a 52-week-high of $82.81 and a 52-week-low of $39.63. At the end of the last trading period, Toll Brothers closed at $81.98.

According to Needham, the prior rating for Hologic Inc (NASDAQ:HOLX) was changed from Hold to Buy. In the second quarter, Hologic showed an EPS of $1.06, compared to $2.07 from the year-ago quarter. The stock has a 52-week-high of $87.88 and a 52-week-low of $59.78. At the end of the last trading period, Hologic closed at $79.28.

According to Baird, the prior rating for Albany International Corp (NYSE:AIN) was changed from Neutral to Outperform. For the first quarter, Albany Intl had an EPS of $0.91, compared to year-ago quarter EPS of $0.91. The stock has a 52-week-high of $115.39 and a 52-week-low of $76.55. At the end of the last trading period, Albany Intl closed at $91.10.

Raymond James upgraded the previous rating for KB Home (NYSE:KBH) from Market Perform to Outperform. For the second quarter, KB Home had an EPS of $1.94, compared to year-ago quarter EPS of $2.32. At the moment, the stock has a 52-week-high of $53.59 and a 52-week-low of $25.31. KB Home closed at $52.96 at the end of the last trading period.

For M.D.C. Holdings Inc (NYSE:MDC), Raymond James upgraded the previous rating of Market Perform to Outperform. For the first quarter, M.D.C. Holdings had an EPS of $1.08, compared to year-ago quarter EPS of $2.02. At the moment, the stock has a 52-week-high of $47.73 and a 52-week-low of $27.06. M.D.C. Holdings closed at $47.37 at the end of the last trading period.

For PulteGroup Inc (NYSE:PHM), Raymond James upgraded the previous rating of Market Perform to Outperform. In the first quarter, PulteGroup showed an EPS of $2.35, compared to $1.83 from the year-ago quarter. The stock has a 52-week-high of $81.06 and a 52-week-low of $36.00. At the end of the last trading period, PulteGroup closed at $80.35.

See all analyst ratings upgrades.

Downgrades

Citigroup downgraded the previous rating for TELUS International (Cda) Inc (NYSE:TIXT) from Buy to Neutral. For the first quarter, TELUS Intl had an EPS of $0.28, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $31.50 and a 52-week-low of $14.33. TELUS Intl closed at $14.71 at the end of the last trading period.

Barclays downgraded the previous rating for TELUS International (Cda) Inc (NYSE:TIXT) from Overweight to Equal-Weight. In the first quarter, TELUS Intl showed an EPS of $0.28, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $31.50 and a 52-week-low of $14.33. At the end of the last trading period, TELUS Intl closed at $14.71.

According to Oppenheimer, the prior rating for Synchrony Financial (NYSE:SYF) was changed from Outperform to Perform. For the first quarter, Synchrony Finl had an EPS of $1.35, compared to year-ago quarter EPS of $1.77. The stock has a 52-week-high of $40.88 and a 52-week-low of $26.59. At the end of the last trading period, Synchrony Finl closed at $35.67.

For Leslies Inc (NASDAQ:LESL), William Blair downgraded the previous rating of Outperform to Market Perform. Leslies earned $0.14 in the second quarter, compared to $0.01 in the year-ago quarter. The stock has a 52-week-high of $17.12 and a 52-week-low of $9.03. At the end of the last trading period, Leslies closed at $9.52.

According to Piper Sandler, the prior rating for Leslies Inc (NASDAQ:LESL) was changed from Overweight to Neutral. Leslies earned $0.14 in the second quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.12 and a 52-week-low of $9.03. Leslies closed at $9.52 at the end of the last trading period.

According to UBS, the prior rating for Corning Inc (NYSE:GLW) was changed from Buy to Neutral. For the first quarter, Corning had an EPS of $0.41, compared to year-ago quarter EPS of $0.54. At the moment, the stock has a 52-week-high of $37.72 and a 52-week-low of $28.98. Corning closed at $35.82 at the end of the last trading period.

For Welltower Inc (NYSE:WELL), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. For the first quarter, Welltower had an EPS of $0.85, compared to year-ago quarter EPS of $0.82. At the moment, the stock has a 52-week-high of $86.83 and a 52-week-low of $56.54. Welltower closed at $80.86 at the end of the last trading period.

JP Morgan downgraded the previous rating for Alcoa Corp (NYSE:AA) from Overweight to Neutral. For the first quarter, Alcoa had an EPS of $0.23, compared to year-ago quarter EPS of $3.06. The stock has a 52-week-high of $58.19 and a 52-week-low of $31.14. At the end of the last trading period, Alcoa closed at $36.69.

See all analyst ratings downgrades.

Initiations

Janney Montgomery Scott initiated coverage on NET Power Inc (NYSE:NPWR) with a Buy rating. The price target for NET Power is set to $35.00. The current stock performance of NET Power shows a 52-week-high of $17.19 and a 52-week-low of $11.26. Moreover, at the end of the last trading period, the closing price was at $12.33.

Litchfield Hills initiated coverage on LZG International Inc (OTC:LZGI) with a Buy rating. The price target for LZG International is set to $5.00.

With a Reduce rating, HSBC initiated coverage on Moderna Inc (NASDAQ:MRNA). The price target seems to have been set at $97.00 for Moderna. Moderna earned $0.19 in the first quarter, compared to $8.58 in the year-ago quarter. The stock has a 52-week-high of $217.20 and a 52-week-low of $115.06. At the end of the last trading period, Moderna closed at $126.61.

HSBC initiated coverage on BioNTech SE (NASDAQ:BNTX) with a Buy rating. The price target for BioNTech is set to $124.00. BioNTech earned $2.20 in the first quarter, compared to $14.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $188.83 and a 52-week-low of $100.08. BioNTech closed at $109.51 at the end of the last trading period.

With a Buy rating, HSBC initiated coverage on Pfizer Inc (NYSE:PFE). The price target seems to have been set at $50.00 for Pfizer. In the first quarter, Pfizer showed an EPS of $1.23, compared to $1.62 from the year-ago quarter. The stock has a 52-week-high of $54.93 and a 52-week-low of $35.35. At the end of the last trading period, Pfizer closed at $36.06.

HSBC initiated coverage on Eli Lilly and Co (NYSE:LLY) with a Buy rating. The price target for Eli Lilly is set to $560.00. Eli Lilly earned $1.62 in the first quarter, compared to $2.62 in the year-ago quarter. The stock has a 52-week-high of $469.87 and a 52-week-low of $296.34. At the end of the last trading period, Eli Lilly closed at $434.70.

See all analyst ratings initiations.

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Posted In:
UpgradesDowngradesInitiationIntraday UpdateAnalyst RatingsBZI-Ratings
AA Logo
AAAlcoa Corp
$60.17-0.07%
Overview
AIN Logo
AINAlbany International Corp
$58.66-%
APYX Logo
APYXApyx Medical Corp
$3.82-2.51%
BDTX Logo
BDTXBlack Diamond Therapeutics Inc
$2.26-%
BMY Logo
BMYBristol-Myers Squibb Co
$59.60-0.21%
BNTX Logo
BNTXBioNTech SE
$107.36-0.55%
BYD Logo
BYDBoyd Gaming Corp
$84.75-%
ENS Logo
ENSEnerSys
$176.020.04%
EPR Logo
EPREPR Properties
$57.12-%
ERO Logo
EROEro Copper Corp
$29.56-1.79%
ESAB Logo
ESABESAB Corp
$132.87-%
GIS Logo
GISGeneral Mills Inc
$45.36-%
GLW Logo
GLWCorning Inc
$132.120.08%
GTLS Logo
GTLSChart Industries Inc
$207.32-%
HOLX Logo
HOLXHologic Inc
$75.20-%
INGN Logo
INGNInogen Inc
$5.83-%
KBH Logo
KBHKB Home
$65.800.08%
LEN Logo
LENLennar Corp
$121.26-%
LESL Logo
LESLLeslies Inc
$1.055.42%
LLY Logo
LLYEli Lilly and Co
$1020.750.02%
LZGI Logo
LZGILZG International Inc
$0.000001-%
MRK Logo
MRKMerck & Co Inc
$121.51-0.13%
MRNA Logo
MRNAModerna Inc
$46.820.47%
MSFT Logo
MSFTMicrosoft Corp
$400.730.28%
NOV Logo
NOVNOV Inc
$20.010.10%
NPWR Logo
NPWRNET Power Inc
$2.08-0.48%
OUST Logo
OUSTOuster Inc
$18.871.51%
PFE Logo
PFEPfizer Inc
$27.33-0.15%
PGR Logo
PGRProgressive Corp
$203.28-%
PHM Logo
PHMPulteGroup Inc
$142.10-%
PLUG Logo
PLUGPlug Power Inc
$1.86-%
SPFI Logo
SPFISouth Plains Financial Inc
$42.02-%
SYF Logo
SYFSynchrony Financial
$72.850.75%
T Logo
TAT&T Inc
$27.86-0.07%
TDW Logo
TDWTidewater Inc
$71.442.20%
TOL Logo
TOLToll Brothers Inc
$160.400.25%
WELL Logo
WELLWelltower Inc
$208.59-%
ABBV Logo
ABBVAbbVie Inc
$228.25-0.21%

According to Raymond James, the prior rating for Lennar Corp (NYSE:LEN) was changed from Market Perform to Outperform. Lennar earned $2.94 in the second quarter, compared to $4.69 in the year-ago quarter. The current stock performance of Lennar shows a 52-week-high of $130.46 and a 52-week-low of $69.97. Moreover, at the end of the last trading period, the closing price was at $130.08.

UBS upgraded the previous rating for Microsoft Corp (NASDAQ:MSFT) from Neutral to Buy. Microsoft earned $2.45 in the third quarter, compared to $2.22 in the year-ago quarter. The current stock performance of Microsoft shows a 52-week-high of $351.47 and a 52-week-low of $213.46. Moreover, at the end of the last trading period, the closing price was at $342.66.

According to Chardan Capital, the prior rating for Ouster Inc (NYSE:OUST) was changed from Neutral to Buy. For the first quarter, Ouster had an EPS of $2.65, compared to year-ago quarter EPS of $1.90. The current stock performance of Ouster shows a 52-week-high of $20.85 and a 52-week-low of $3.21. Moreover, at the end of the last trading period, the closing price was at $6.23.

According to Morgan Stanley, the prior rating for Boyd Gaming Corp (NYSE:BYD) was changed from Underweight to Equal-Weight. Boyd Gaming earned $1.71 in the first quarter, compared to $1.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $71.69 and a 52-week-low of $46.10. Boyd Gaming closed at $71.43 at the end of the last trading period.

According to Raymond James, the prior rating for Ero Copper Corp (NYSE:ERO) was changed from Outperform to Market Perform. In the first quarter, Ero Copper showed an EPS of $0.24, compared to $0.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.46 and a 52-week-low of $8.17. Ero Copper closed at $22.37 at the end of the last trading period.

Truist Securities downgraded the previous rating for American Equity Investment Life Holding Co (NYSE:AEL) from Buy to Hold. For the first quarter, American Equity Inv had an EPS of $1.47, compared to year-ago quarter EPS of $0.92. At the moment, the stock has a 52-week-high of $53.68 and a 52-week-low of $28.09. American Equity Inv closed at $53.34 at the end of the last trading period.

Guggenheim downgraded the previous rating for Leslies Inc (NASDAQ:LESL) from Buy to Neutral. For the second quarter, Leslies had an EPS of $0.14, compared to year-ago quarter EPS of $0.01. The current stock performance of Leslies shows a 52-week-high of $17.12 and a 52-week-low of $9.03. Moreover, at the end of the last trading period, the closing price was at $9.52.

Raymond James downgraded the previous rating for EPR Properties (NYSE:EPR) from Strong Buy to Outperform. In the first quarter, EPR Props showed an EPS of $1.26, compared to $1.10 from the year-ago quarter. The current stock performance of EPR Props shows a 52-week-high of $55.90 and a 52-week-low of $33.92. Moreover, at the end of the last trading period, the closing price was at $45.98.

For Theseus Pharmaceuticals Inc (NASDAQ:THRX), Needham downgraded the previous rating of Buy to Hold. In the first quarter, Theseus Pharmaceuticals showed an EPS of $0.34, compared to $0.27 from the year-ago quarter. The current stock performance of Theseus Pharmaceuticals shows a 52-week-high of $14.77 and a 52-week-low of $4.50. Moreover, at the end of the last trading period, the closing price was at $9.52.

For First Wave BioPharma Inc (NASDAQ:FWBI), HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. For the fourth quarter, First Wave BioPharma had an EPS of $9.47, compared to year-ago quarter EPS of $35.70. The stock has a 52-week-high of $49.35 and a 52-week-low of $0.79. At the end of the last trading period, First Wave BioPharma closed at $0.91.

Wells Fargo downgraded the previous rating for Progressive Corp (NYSE:PGR) from Overweight to Equal-Weight. In the second quarter, Progressive showed an EPS of $0.40, compared to $1.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $149.87 and a 52-week-low of $109.42. Progressive closed at $114.78 at the end of the last trading period.

JP Morgan downgraded the previous rating for AT&T Inc (NYSE:T) from Overweight to Neutral. In the first quarter, AT&T showed an EPS of $0.60, compared to $0.63 from the year-ago quarter. The current stock performance of AT&T shows a 52-week-high of $22.84 and a 52-week-low of $14.47. Moreover, at the end of the last trading period, the closing price was at $15.12.

According to Needham, the prior rating for Inogen Inc (NASDAQ:INGN) was changed from Buy to Hold. Inogen earned $0.63 in the first quarter, compared to $0.39 in the year-ago quarter. The current stock performance of Inogen shows a 52-week-high of $32.01 and a 52-week-low of $9.55. Moreover, at the end of the last trading period, the closing price was at $10.26.

With a Equal-Weight rating, Capital One initiated coverage on Chart Industries Inc (NYSE:GTLS). The price target seems to have been set at $174.00 for Chart Industries. In the first quarter, Chart Industries showed an EPS of $1.41, compared to $0.65 from the year-ago quarter. The current stock performance of Chart Industries shows a 52-week-high of $242.00 and a 52-week-low of $101.44. Moreover, at the end of the last trading period, the closing price was at $164.50.

With a Equal-Weight rating, Capital One initiated coverage on NOV Inc (NYSE:NOV). The price target seems to have been set at $20.00 for NOV. For the first quarter, NOV had an EPS of $0.32, compared to year-ago quarter EPS of $0.13. The current stock performance of NOV shows a 52-week-high of $24.83 and a 52-week-low of $13.98. Moreover, at the end of the last trading period, the closing price was at $18.48.

With an Overweight rating, Capital One initiated coverage on ChampionX Corp (NASDAQ:CHX). The price target seems to have been set at $40.00 for ChampionX. ChampionX earned $0.36 in the first quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.41 and a 52-week-low of $16.78. ChampionX closed at $34.02 at the end of the last trading period.

With a Buy rating, CL King initiated coverage on EnerSys (NYSE:ENS). The price target seems to have been set at $137.00 for EnerSys. For the fourth quarter, EnerSys had an EPS of $1.82, compared to year-ago quarter EPS of $1.20. At the moment, the stock has a 52-week-high of $111.80 and a 52-week-low of $55.81. EnerSys closed at $110.99 at the end of the last trading period.

Stephens & Co. initiated coverage on Apyx Medical Corp (NASDAQ:APYX) with an Overweight rating. The price target for Apyx Medical is set to $8.00. Apyx Medical earned $0.10 in the first quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.07 and a 52-week-low of $1.31. Apyx Medical closed at $6.07 at the end of the last trading period.

With an Overweight rating, Piper Sandler initiated coverage on Black Diamond Therapeutics Inc (NASDAQ:BDTX). The price target seems to have been set at $11.00 for Black Diamond Therapeutic. In the first quarter, Black Diamond Therapeutic showed an EPS of $0.57, compared to $0.70 from the year-ago quarter. The current stock performance of Black Diamond Therapeutic shows a 52-week-high of $6.85 and a 52-week-low of $1.18. Moreover, at the end of the last trading period, the closing price was at $4.91.

With an In-Line rating, Evercore ISI Group initiated coverage on ESAB Corp (NYSE:ESAB). The price target seems to have been set at $75.00 for ESAB. ESAB earned $1.10 in the first quarter, compared to $1.17 in the year-ago quarter. The current stock performance of ESAB shows a 52-week-high of $69.89 and a 52-week-low of $32.20. Moreover, at the end of the last trading period, the closing price was at $69.11.

With an Outperform rating, Hovde Group initiated coverage on South Plains Financial Inc (NASDAQ:SPFI). The price target seems to have been set at $28.00 for South Plains Financial. For the first quarter, South Plains Financial had an EPS of $0.53, compared to year-ago quarter EPS of $0.78. At the moment, the stock has a 52-week-high of $31.89 and a 52-week-low of $18.75. South Plains Financial closed at $23.84 at the end of the last trading period.

HSBC initiated coverage on Merck & Co Inc (NYSE:MRK) with a Hold rating. The price target for Merck & Co is set to $123.00. Merck & Co earned $1.40 in the first quarter, compared to $2.14 in the year-ago quarter. The stock has a 52-week-high of $119.65 and a 52-week-low of $84.52. At the end of the last trading period, Merck & Co closed at $106.32.

With a Reduce rating, HSBC initiated coverage on Bristol-Myers Squibb Co (NYSE:BMY). The price target seems to have been set at $56.00 for Bristol-Myers Squibb. Bristol-Myers Squibb earned $2.05 in the first quarter, compared to $1.96 in the year-ago quarter. The current stock performance of Bristol-Myers Squibb shows a 52-week-high of $81.43 and a 52-week-low of $62.12. Moreover, at the end of the last trading period, the closing price was at $62.28.

With a Buy rating, HSBC initiated coverage on AbbVie Inc (NYSE:ABBV). The price target seems to have been set at $167.00 for AbbVie. In the first quarter, AbbVie showed an EPS of $2.46, compared to $3.16 from the year-ago quarter. The stock has a 52-week-high of $168.11 and a 52-week-low of $130.96. At the end of the last trading period, AbbVie closed at $133.59.

Raymond James initiated coverage on Tidewater Inc (NYSE:TDW) with a Strong Buy rating. The price target for Tidewater is set to $85.00. In the first quarter, Tidewater showed an EPS of $0.23, compared to $0.28 from the year-ago quarter. The stock has a 52-week-high of $60.27 and a 52-week-low of $17.55. At the end of the last trading period, Tidewater closed at $59.65.

AA Logo
AAAlcoa Corp
$60.17-0.07%
Overview
AIN Logo
AINAlbany International Corp
$58.66-%
APYX Logo
APYXApyx Medical Corp
$3.82-2.51%
BDTX Logo
BDTXBlack Diamond Therapeutics Inc
$2.26-%
BMY Logo
BMYBristol-Myers Squibb Co
$59.60-0.21%
BNTX Logo
BNTXBioNTech SE
$107.36-0.55%
BYD Logo
BYDBoyd Gaming Corp
$84.75-%
ENS Logo
ENSEnerSys
$176.020.04%
EPR Logo
EPREPR Properties
$57.12-%
ERO Logo
EROEro Copper Corp
$29.56-1.79%
ESAB Logo
ESABESAB Corp
$132.87-%
GIS Logo
GISGeneral Mills Inc
$45.36-%
GLW Logo
GLWCorning Inc
$132.120.08%
GTLS Logo
GTLSChart Industries Inc
$207.32-%
HOLX Logo
HOLXHologic Inc
$75.20-%
INGN Logo
INGNInogen Inc
$5.83-%
KBH Logo
KBHKB Home
$65.800.08%
LEN Logo
LENLennar Corp
$121.26-%
LESL Logo
LESLLeslies Inc
$1.055.42%
LLY Logo
LLYEli Lilly and Co
$1020.750.02%
LZGI Logo
LZGILZG International Inc
$0.000001-%
MRK Logo
MRKMerck & Co Inc
$121.51-0.13%
MRNA Logo
MRNAModerna Inc
$46.820.47%
MSFT Logo
MSFTMicrosoft Corp
$400.730.28%
NOV Logo
NOVNOV Inc
$20.010.10%
NPWR Logo
NPWRNET Power Inc
$2.08-0.48%
OUST Logo
OUSTOuster Inc
$18.871.51%
PFE Logo
PFEPfizer Inc
$27.33-0.15%
PGR Logo
PGRProgressive Corp
$203.28-%
PHM Logo
PHMPulteGroup Inc
$142.10-%
PLUG Logo
PLUGPlug Power Inc
$1.86-%
SPFI Logo
SPFISouth Plains Financial Inc
$42.02-%
SYF Logo
SYFSynchrony Financial
$72.850.75%
T Logo
TAT&T Inc
$27.86-0.07%
TDW Logo
TDWTidewater Inc
$71.442.20%
TOL Logo
TOLToll Brothers Inc
$160.400.25%
WELL Logo
WELLWelltower Inc
$208.59-%
ABBV Logo
ABBVAbbVie Inc
$228.25-0.21%
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