Benzinga's Top Ratings Upgrades, Downgrades For September 11, 2023 - Build-A-Bear Workshop (NYSE:BBW), Brunswick (NYSE:BC), Blue Bird (NASDAQ:BLBD), Context Therapeutics (NASDAQ:CNTX)

Upgrades

Bernstein upgraded the previous rating for Brown-Forman Corp (NYSE:BF) from Market Perform to Outperform.

For Nu Holdings Ltd (NYSE:NU), JP Morgan upgraded the previous rating of Neutral to Overweight. For the second quarter, Nu Holdings had an EPS of $0.05, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $8.29 and a 52-week-low of $3.39. At the end of the last trading period, Nu Holdings closed at $6.81.

For Kenvue Inc (NYSE:KVUE), Deutsche Bank upgraded the previous rating of Hold to Buy. Kenvue earned $0.32 in the second quarter, compared to $0.43 in the year-ago quarter. The stock has a 52-week-high of $27.80 and a 52-week-low of $20.38. At the end of the last trading period, Kenvue closed at $21.30.

According to Jefferies, the prior rating for DoorDash Inc (NYSE:DASH) was changed from Underperform to Hold. For the second quarter, DoorDash had an EPS of $0.44, compared to year-ago quarter EPS of $0.72. The current stock performance of DoorDash shows a 52-week-high of $92.61 and a 52-week-low of $41.40. Moreover, at the end of the last trading period, the closing price was at $82.17.

For Tenable Holdings Inc (NASDAQ:TENB), JP Morgan upgraded the previous rating of Neutral to Overweight. In the second quarter, Tenable Holdings showed an EPS of $0.22, compared to $0.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $49.77 and a 52-week-low of $28.80. Tenable Holdings closed at $44.22 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Tesla Inc (NASDAQ:TSLA) was changed from Equal-Weight to Overweight. Tesla earned $0.91 in the second quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $313.80 and a 52-week-low of $101.81. Tesla closed at $248.50 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to JP Morgan, the prior rating for Brunswick Corp (NYSE:BC) was changed from Overweight to Neutral. Brunswick earned $2.35 in the second quarter, compared to $2.82 in the year-ago quarter. The stock has a 52-week-high of $93.15 and a 52-week-low of $64.57. At the end of the last trading period, Brunswick closed at $76.39.

Telsey Advisory Group downgraded the previous rating for Rent the Runway Inc (NASDAQ:RENT) from Outperform to Market Perform. Rent the Runway earned $0.40 in the second quarter, compared to $0.53 in the year-ago quarter. The current stock performance of Rent the Runway shows a 52-week-high of $5.00 and a 52-week-low of $0.86. Moreover, at the end of the last trading period, the closing price was at $0.98.

According to Wolfe Research, the prior rating for Evergy Inc (NASDAQ:EVRG) was changed from Outperform to Peer Perform. For the second quarter, Evergy had an EPS of $0.81, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $71.13 and a 52-week-low of $52.28. At the end of the last trading period, Evergy closed at $53.94.

Raymond James downgraded the previous rating for Rent the Runway Inc (NASDAQ:RENT) from Outperform to Market Perform. Rent the Runway earned $0.40 in the second quarter, compared to $0.53 in the year-ago quarter. The stock has a 52-week-high of $5.00 and a 52-week-low of $0.86. At the end of the last trading period, Rent the Runway closed at $0.98.

See all analyst ratings downgrades.

Initiations

Guggenheim initiated coverage on Itron Inc (NASDAQ:ITRI) with a Neutral rating. Itron earned $0.65 in the second quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $79.99 and a 52-week-low of $39.60. At the end of the last trading period, Itron closed at $64.02.

Citigroup initiated coverage on Ecovyst Inc (NYSE:ECVT) with a Buy rating. The price target for Ecovyst is set to $12.00. For the second quarter, Ecovyst had an EPS of $0.29, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $12.35 and a 52-week-low of $8.20. Ecovyst closed at $9.80 at the end of the last trading period.

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Upgrades

Bernstein upgraded the previous rating for Brown-Forman Corp (NYSE:BF) from Market Perform to Outperform.

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Downgrades

See all analyst ratings downgrades.

Initiations

Northland Capital Markets initiated coverage on Build-A-Bear Workshop Inc (NYSE:BBW) with an Outperform rating. The price target for Build-A-Bear Workshop is set to $36.00. For the second quarter, Build-A-Bear Workshop had an EPS of $0.57, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $30.49 and a 52-week-low of $12.62. At the end of the last trading period, Build-A-Bear Workshop closed at $26.34.

With a Buy rating, Maxim Group initiated coverage on Context Therapeutics Inc (NASDAQ:CNTX). The price target seems to have been set at $4.00 for Context Therapeutics. For the second quarter, Context Therapeutics had an EPS of $0.31, compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of $1.90 and a 52-week-low of $0.47. At the end of the last trading period, Context Therapeutics closed at $0.90.

With a Buy rating, Maxim Group initiated coverage on Innovative Eyewear Inc (NASDAQ:LUCY). The price target seems to have been set at $1.75 for Innovative Eyewear. In the first quarter, Innovative Eyewear showed an EPS of $0.19, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.50 and a 52-week-low of $0.58. Innovative Eyewear closed at $0.66 at the end of the last trading period.

Craig-Hallum initiated coverage on **Mamas Creations Inc** (NASDAQ:MAMA) with a Buy rating. The price target for Mamas Creations is set to $8.00. Mamas Creations earned $0.04 in the first quarter, compared to $0.00 in the year-ago quarter. The current stock performance of Mamas Creations shows a 52-week-high of $4.40 and a 52-week-low of $2.94. Moreover, at the end of the last trading period, the closing price was at $4.08.

With a Positive rating, Susquehanna initiated coverage on Red Rock Resorts Inc (NASDAQ:RRR). The price target seems to have been set at $52.00 for Red Rock Resorts. For the second quarter, Red Rock Resorts had an EPS of $0.65, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $51.35 and a 52-week-low of $33.62. At the end of the last trading period, Red Rock Resorts closed at $42.76.

With a Neutral rating, Ladenburg Thalmann initiated coverage on WEC Energy Group Inc (NYSE:WEC). The price target seems to have been set at $85.00 for WEC Energy Group. In the second quarter, WEC Energy Group showed an EPS of $0.92, compared to $0.91 from the year-ago quarter. The current stock performance of WEC Energy Group shows a 52-week-high of $107.46 and a 52-week-low of $80.91. Moreover, at the end of the last trading period, the closing price was at $84.67.

With a Buy rating, ThinkEquity initiated coverage on Forza X1 Inc (NASDAQ:FRZA). The price target seems to have been set at $5.00 for Forza X1. For the second quarter, Forza X1 had an EPS of $0.13, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $3.98 and a 52-week-low of $0.85. At the end of the last trading period, Forza X1 closed at $0.89.

B of A Securities initiated coverage on Raymond James Financial Inc (NYSE:RJF) with a Buy rating. The price target for Raymond James Finl is set to $122.00. Raymond James Finl earned $1.85 in the third quarter, compared to $1.61 in the year-ago quarter. At the moment, the stock has a 52-week-high of $126.00 and a 52-week-low of $82.00. Raymond James Finl closed at $106.33 at the end of the last trading period.

With a Neutral rating, Citigroup initiated coverage on H.B. Fuller Co (NYSE:FUL). The price target seems to have been set at $78.00 for H.B. Fuller. For the second quarter, H.B. Fuller had an EPS of $0.93, compared to year-ago quarter EPS of $1.11. The stock has a 52-week-high of $81.02 and a 52-week-low of $58.92. At the end of the last trading period, H.B. Fuller closed at $69.22.

With a Buy rating, Jefferies initiated coverage on SharkNinja Inc (NYSE:SN). The price target seems to have been set at $67.00 for SharkNinja. SharkNinja earned $0.47 in the second quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.90 and a 52-week-low of $25.84. SharkNinja closed at $35.02 at the end of the last trading period.

With an Overweight rating, Barclays initiated coverage on Blue Bird Corp (NASDAQ:BLBD). The price target seems to have been set at $25.00 for Blue Bird. For the third quarter, Blue Bird had an EPS of $0.44, compared to year-ago quarter EPS of $0.09. The current stock performance of Blue Bird shows a 52-week-high of $28.80 and a 52-week-low of $7.22. Moreover, at the end of the last trading period, the closing price was at $21.56.

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