Benzinga's Top Ratings Upgrades, Downgrades For August 21, 2023

Upgrades

Citigroup upgraded the previous rating for Insulet Corp (NASDAQ:PODD) from Neutral to Buy. In the second quarter, Insulet showed an EPS of $0.38, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $335.91 and a 52-week-low of $204.26. Insulet closed at $205.10 at the end of the last trading period.

For XPeng Inc (NYSE:XPEV), B of A Securities upgraded the previous rating of Neutral to Buy. XPeng earned $0.43 in the second quarter, compared to $0.43 in the year-ago quarter. At the moment, the stock has a 52-week-high of $23.62 and a 52-week-low of $6.18. XPeng closed at $14.98 at the end of the last trading period.

Jefferies upgraded the previous rating for Acushnet Holdings Corp (NYSE:GOLF) from Hold to Buy. In the second quarter, Acushnet Hldgs showed an EPS of $1.09, compared to $0.91 from the year-ago quarter. At the moment, the stock has a 52-week-high of $61.98 and a 52-week-low of $42.06. Acushnet Hldgs closed at $54.71 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

See all analyst ratings downgrades.

Initiations

Lake Street initiated coverage on OptiNose Inc (NASDAQ:OPTN) with a Buy rating. The price target for OptiNose is set to $3.00. OptiNose earned $0.02 in the second quarter, compared to $0.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $4.00 and a 52-week-low of $0.90. OptiNose closed at $1.30 at the end of the last trading period.

TD Cowen initiated coverage on Merus NV (NASDAQ:MRUS) with an Outperform rating. For the second quarter, Merus had an EPS of $0.66, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $27.70 and a 52-week-low of $12.05. Merus closed at $21.09 at the end of the last trading period.

JP Morgan initiated coverage on FMC Corp (NYSE:FMC) with a Neutral rating. The price target for FMC is set to $90.00. In the second quarter, FMC showed an EPS of $0.50, compared to $1.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $134.38 and a 52-week-low of $86.61. FMC closed at $89.00 at the end of the last trading period.

See all analyst ratings initiations.

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