Benzinga's Top Ratings Upgrades, Downgrades For August 23, 2023

Upgrades

For Beazer Homes USA Inc (NYSE:BZH), Sidoti & Co. upgraded the previous rating of Neutral to Buy. Beazer Homes USA earned $1.42 in the third quarter, compared to $1.76 in the year-ago quarter. The stock has a 52-week-high of $35.93 and a 52-week-low of $9.48. At the end of the last trading period, Beazer Homes USA closed at $28.23.

Morgan Stanley upgraded the previous rating for Brown-Forman Corp (NYSE:BF) from Underweight to Overweight.

UBS upgraded the previous rating for Vtex (NYSE:VTEX) from Neutral to Buy. In the second quarter, Vtex showed an EPS of $0.04, compared to $0.11 from the year-ago quarter. The current stock performance of Vtex shows a 52-week-high of $5.89 and a 52-week-low of $3.13. Moreover, at the end of the last trading period, the closing price was at $5.75.

Craig-Hallum upgraded the previous rating for Citi Trends Inc (NASDAQ:CTRN) from Hold to Buy. In the second quarter, Citi Trends showed an EPS of $0.60, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $34.94 and a 52-week-low of $14.21. At the end of the last trading period, Citi Trends closed at $23.16.

Edward Jones upgraded the previous rating for Dollar General Corp (NYSE:DG) from Hold to Buy. In the first quarter, Dollar Gen showed an EPS of $2.34, compared to $2.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $261.57 and a 52-week-low of $151.27. Dollar Gen closed at $159.83 at the end of the last trading period.

For Suncor Energy Inc (NYSE:SU), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Suncor Energy earned $0.71 in the second quarter, compared to $2.12 in the year-ago quarter. The stock has a 52-week-high of $37.22 and a 52-week-low of $26.44. At the end of the last trading period, Suncor Energy closed at $32.55.

See all analyst ratings upgrades.

Downgrades

For Dollar General Corp (NYSE:DG), OTR Global downgraded the previous rating of Positive to Mixed. Dollar Gen earned $2.34 in the first quarter, compared to $2.41 in the year-ago quarter. The stock has a 52-week-high of $261.57 and a 52-week-low of $151.27. At the end of the last trading period, Dollar Gen closed at $159.83.

For Premier Inc (NASDAQ:PINC), Piper Sandler downgraded the previous rating of Overweight to Neutral. Premier earned $0.68 in the fourth quarter, compared to $0.61 in the year-ago quarter. At the moment, the stock has a 52-week-high of $37.52 and a 52-week-low of $23.95. Premier closed at $24.05 at the end of the last trading period.

TD Cowen downgraded the previous rating for PhenomeX Inc (NASDAQ:CELL) from Outperform to Market Perform. PhenomeX earned $0.33 in the second quarter, compared to $0.38 in the year-ago quarter. At the moment, the stock has a 52-week-high of $1.28 and a 52-week-low of $0.38. PhenomeX closed at $0.94 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Pickering Energy Partners initiated coverage on California Resources Corp (NYSE:CRC) with an Outperform rating. California Resources earned $0.53 in the second quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $56.71 and a 52-week-low of $34.02. At the end of the last trading period, California Resources closed at $55.12.

BMO Capital initiated coverage on Hammerhead Energy Inc (NASDAQ:HHRS) with an Outperform rating. The price target for Hammerhead Energy is set to $22.00. The current stock performance of Hammerhead Energy shows a 52-week-high of $39.30 and a 52-week-low of $6.00. Moreover, at the end of the last trading period, the closing price was at $12.50.

Barclays initiated coverage on Southern Co (NYSE:SO) with a Equal-Weight rating. The price target for Southern is set to $68.00. Southern earned $0.79 in the second quarter, compared to $1.07 in the year-ago quarter. The stock has a 52-week-high of $80.32 and a 52-week-low of $58.85. At the end of the last trading period, Southern closed at $67.73.

Barclays initiated coverage on Exelon Corp (NASDAQ:EXC) with an Overweight rating. The price target for Exelon is set to $43.00. Exelon earned $0.41 in the second quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $46.19 and a 52-week-low of $35.19. At the end of the last trading period, Exelon closed at $40.00.

Barclays initiated coverage on Entergy Corp (NYSE:ETR) with a Equal-Weight rating. The price target for Entergy is set to $98.00. Entergy earned $1.84 in the second quarter, compared to $1.78 in the year-ago quarter. The stock has a 52-week-high of $122.10 and a 52-week-low of $94.01. At the end of the last trading period, Entergy closed at $94.73.

Barclays initiated coverage on Ameren Corp (NYSE:AEE) with a Equal-Weight rating. The price target for Ameren is set to $80.00. Ameren earned $0.90 in the second quarter, compared to $0.80 in the year-ago quarter. The stock has a 52-week-high of $97.06 and a 52-week-low of $73.41. At the end of the last trading period, Ameren closed at $80.30.

Barclays initiated coverage on The AES Corp (NYSE:AES) with an Overweight rating. The price target for AES is set to $25.00. For the second quarter, AES had an EPS of $0.21, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $29.87 and a 52-week-low of $17.75. At the end of the last trading period, AES closed at $17.96.

See all analyst ratings initiations.

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