Ultrapar Participacoes (NYSE:UGP) Stock, Quote.Headers.trade-ideas

Ultrapar Participacoes

Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.

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Top 3 Energy Stocks That Could Blast Off This Month

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MTDR

Matador Resources Company (NYSE: MTDR) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth in 2024 and 2025.

Here&#39;s Why Hold Strategy is Apt for Matador Stock Now

Short Ideas

Small Cap

HAMMERHEAD ENERGY INC A by Hammerhead Energy Inc.

HHRS

As of Nov. 15, 2023, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 3 Energy Stocks That May Implode In Q4

Ultrapar Participacoes S.A. (New) American Depositary Shares (Each representing one Common Share)

Ultrapar Participacoes SA

WIIM

EQNR

FANG

RCON

SHEL

VIST

Shares of energy stocks are trading lower amid a pullback in the price of oil as OPEC cuts its demand forecast.

AROC

CEIX

CRGY

CTRA

DWSN

EZFL

LBRT

LODE

PTEN

REPX

SDRL

TOPS

TRGP

WFRD

Shares of oil and gas companies are trading lower. The sector might be moving amid overall market weakness due to economic slowdown concerns following recent US data, which could negatively impact demand.

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and lowers the price target from $5.9 to $5.2.

Price Target

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Lowers Price Target to $5.2

Citigroup analyst Gabriel Barra upgrades Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) from Neutral to Buy.

Upgrades

Citigroup Upgrades Ultrapar Participacoes to Buy

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">FutureFuel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FF#NYSE">FF</a>)</h3>
<ul>
<li>On May 29, FutureFuel said its CEO Tom McKinlay will retire, effective Sept. 30. The company's stock fell around 10% over the past five days and has a <a href="https://www.benzinga.com/quote/FF">52-week low of $4.26</a>.</li>
<li>RSI Value: 24.57</li>
<li>FF Price Action: Shares of FutureFuel closed at $4.28 on Friday.</li>
</ul>
<ul>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest FutureFuel news.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="685" height="667" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064521/Screenshot-2024-06-03-at-4.15.15-PM.png" alt="" class="wp-image-367493" style="width:553px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064521/Screenshot-2024-06-03-at-4.15.15-PM.png 685w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064521/Screenshot-2024-06-03-at-4.15.15-PM-300x292.png 300w" sizes="(max-width: 685px) 100vw, 685px" /></a></figure>
<h3 class="wp-block-heading">Green Plains Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPRE#NASDAQ">GPRE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On May 3, Green Plains posted weaker-than-expected quarterly sales. &#8220;Margins in the first quarter were weaker across our product mix and we were impacted by industry oversupply during a mild winter leading to stock builds and lower prices realized, though margins have improved from the first quarter lows, and compared to this time frame in prior years the forward curve looks better for the rest of the year,&#8221; said Todd Becker, President and Chief Executive Officer. The company's stock fell around 15% over the past month. It <a href="https://www.benzinga.com/quote/GPRE">has a 52-week low</a> of $16.74.</li>
<li>RSI Value: 28.67</li>
<li>GPRE Price Action: Shares of Green Plains gained 1.1% to close at $17.17 on Friday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1">Benzinga Pro's charting tool</a> helped identify the trend in GPRE's stock.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="686" height="741" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064700/Screenshot-2024-06-03-at-4.16.55-PM.png" alt="" class="wp-image-367497" style="width:508px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064700/Screenshot-2024-06-03-at-4.16.55-PM.png 686w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064700/Screenshot-2024-06-03-at-4.16.55-PM-278x300.png 278w" sizes="(max-width: 686px) 100vw, 686px" /></a></figure>
<h3 class="wp-block-heading">Ultrapar Participações S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>)</h3>
<ul>
<li>The company's stock fell around 17% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/UGP">low of $3.40</a>.</li>
<li>RSI Value: 28.19</li>
<li>UGP Price Action: Shares of Ultrapar Participações fell 3.5% to close at $4.43 on Friday.</li>
<li>Benzinga Pro's signals feature notified of a potential breakout in <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1">Ultrapar Participações shares</a>.</li>
</ul>
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="687" height="347" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064757/Screenshot-2024-06-03-at-4.17.52-PM.png" alt="" class="wp-image-367498" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064757/Screenshot-2024-06-03-at-4.17.52-PM.png 687w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064757/Screenshot-2024-06-03-at-4.17.52-PM-300x152.png 300w" sizes="(max-width: 687px) 100vw, 687px" /></a></figure>
Read More: <a href="https://www.benzinga.com/news/earnings/24/06/39130380/investor-optimism-improves-us-stocks-record-gains-for-may">Investor Optimism Improves; US Stocks Record Gains For May</a>

Matador Resources Company&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtdr#NYSE">MTDR</a>) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth in 2024 and 2025.
<h3>What&#39;s Favoring the Stock?</h3>
The price of West Texas Intermediate crude, trading close to $80 per barrel, is highly favorable for exploration and production activities. Handsome crude price is likely to aid MTDR, carrying a Zacks Rank #3 (Hold), in increasing production volumes. For 2024, the company guided its total oil production in the band of 91,000 to 95,000 Bbl/d, suggesting a year-over-year hike of 23%.
On another positive note, Matador plans to turn to sales a net of 103.6 wells this year &mdash; including operated and non-operated wells. Its prime priorities are lowering debt, delivering free cashflows and maintaining or increasing dividends.
Overall, handsome commodity prices and expectations for higher production will likely aid Matador Resources&#39; bottom line.&nbsp;
<h3>Risks</h3>
However, being an upstream energy player, the company&#39;s overall operations are exposed to extreme volatility in oil and natural gas prices. This is reflected in the company&#39;s beta of 3.33.
<h3>Stocks to Consider</h3>
Better-ranked energy companies include Sunoco LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sun#NYSE">SUN</a>), Ultrapar Participacoes SA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) and Eni SpA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/e#NYSE">E</a>). All the stocks carry a Zacks Rank #2 (Buy).
Sunoco, the leading independent fuel distributor in the United States, has a stable business model and relatively lower exposure to commodity price volatility. This is because the partnership distributes fuel to branded distributors under long-term contracts.&nbsp;
Ultrapar Participacoes has a stable business model banking on its huge network of energy and infrastructure businesses in Brazil. Being a leading distributor of liquefied petroleum gas to residential, commercial, and industrial consumers, Ultrapar may continue to generate stable cashflows.
Eni is leading the energy transition as well. The integrated energy player has been building a full set of decarbonized products and services for clients to achieve carbon neutrality by mid-century. Even though the energy business scenario is challenging, Eni&#39;s efficient exploration keeps it highly competitive.
<a href="https://www.zacks.com/stock/news/2275425/here-s-why-hold-strategy-is-apt-for-matador-mtdr-stock-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2275425">To read this article on Zacks.com click here.</a>

Here's Why Hold Strategy is Apt for Matador Stock Now

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and raises the price target from $5.3 to $6.

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Raises Price Target to $6

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and raises the price target from $4.6 to $5.3.

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Raises Price Target to $5.3

As of Nov. 15, 2023, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Teekay Tankers Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tnk#NYSE">TNK</a>)</h3>
<ul>
<li>Teekay Tankers posted upbeat quarterly results. The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/TNK">52-week high of $54.11. </a>.</li>
<li>RSI Value: 70.60</li>
<li>TNK Price Action: Shares of Teekay Tankers fell 1.3% to close at $52.09 on Tuesday.</li>
</ul>
<h3>Hammerhead Energy Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hhrs#NASDAQ">HHRS</a>)</h3>
<ul>
<li>During the third quarter, Hammerhead delivered record production. Scott Sobie, President and CEO of Hammerhead notes, &ldquo;Hammerhead has achieved record cost outcomes at the same time that new wells (North Karr 10-14) have materially exceeded our type curve assumptions.&rdquo; The company&rsquo;s <a href="https://www.benzinga.com/quote/HHRS"> stock has a 52-week high </a> of $39.30.</li>
<li>RSI Value: 70.08</li>
<li>HHRS Price Action: Shares of Hammerhead Energy gained 0.9% to close at $14.89 on Tuesday.</li>
</ul>
<h3>Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>)</h3>
<ul>
<li>The company&rsquo;s stock jumped 25% over the past month. The company has a <a href="https://www.benzinga.com/quote/UGP"> 52-week high </a> of $4.98.</li>
<li>RSI Value: 71.46</li>
<li>UGP Price Action: Shares of Ultrapar Participa&ccedil;&otilde;es gained 3.5% to close at $4.97 on Tuesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/11/35797968/target-cisco-and-3-stocks-to-watch-heading-into-wednesday"> Target, Cisco And 3 Stocks To Watch Heading Into Wednesday </a>

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and raises the price target from $4 to $4.6.

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Raises Price Target to $4.6

<h3>Upgrades</h3>
According to Truist Securities, the prior rating for International Paper Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IP#NYSE">IP</a>) was changed from Hold to Buy. In the second quarter, International Paper showed an EPS of $0.59, compared to $1.24 from the year-ago quarter. The current stock performance of International Paper shows a 52-week-high of $41.89 and a 52-week-low of $29.00. Moreover, at the end of the last trading period, the closing price was at $33.72. 
According to B of A Securities, the prior rating for Nutanix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) was changed from Neutral to Buy. Nutanix earned $0.24 in the fourth quarter, compared to $0.17 in the year-ago quarter. The stock has a 52-week-high of $36.71 and a 52-week-low of $19.97. At the end of the last trading period, Nutanix closed at $33.75. 
For Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), Seaport Global upgraded the previous rating of Neutral to Buy. For the second quarter, Enphase Energy had an EPS of $1.47, compared to year-ago quarter EPS of $1.07. The stock has a 52-week-high of $339.88 and a 52-week-low of $116.86. At the end of the last trading period, Enphase Energy closed at $123.97. 
For European Wax Center Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>), Piper Sandler upgraded the previous rating of Neutral to Overweight. European Wax Center earned $0.11 in the second quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $20.70 and a 52-week-low of $12.02. At the end of the last trading period, European Wax Center closed at $17.24. 
Baird upgraded the previous rating for HealthEquity Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQY#NASDAQ">HQY</a>) from Neutral to Outperform. HealthEquity earned $0.53 in the second quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $79.16 and a 52-week-low of $48.86. HealthEquity closed at $70.97 at the end of the last trading period. 
According to JP Morgan, the prior rating for New Jersey Resources Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NJR#NYSE">NJR</a>) was changed from Underweight to Neutral. New Jersey Resources earned $0.10 in the third quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $55.84 and a 52-week-low of $38.23. At the end of the last trading period, New Jersey Resources closed at $42.17. 
For Five9 Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), Deutsche Bank upgraded the previous rating of Hold to Buy. For the second quarter, Five9 had an EPS of $0.52, compared to year-ago quarter EPS of $0.34. The current stock performance of Five9 shows a 52-week-high of $89.58 and a 52-week-low of $46.63. Moreover, at the end of the last trading period, the closing price was at $66.42. 
According to Morgan Stanley, the prior rating for Buenaventura Mining Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BVN#NYSE">BVN</a>) was changed from Equal-Weight to Overweight. Buenaventura Mining Co earned $0.03 in the second quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Buenaventura Mining Co shows a 52-week-high of $8.92 and a 52-week-low of $5.75. Moreover, at the end of the last trading period, the closing price was at $8.26. 
According to Keefe, Bruyette &amp; Woods, the prior rating for Truist Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) was changed from Market Perform to Outperform. Truist Finl earned $0.95 in the second quarter, compared to $1.20 in the year-ago quarter. 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 $28.37. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
<h3>Downgrades</h3>
According to William Blair, the prior rating for Splunk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPLK#NASDAQ">SPLK</a>) was changed from Outperform to Market Perform. Splunk earned $0.71 in the second quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Splunk shows a 52-week-high of $125.91 and a 52-week-low of $65.00. Moreover, at the end of the last trading period, the closing price was at $119.59. 
For Seelos Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEEL#NASDAQ">SEEL</a>), Guggenheim downgraded the previous rating of Buy to Neutral. In the second quarter, Seelos Therapeutics showed an EPS of $0.22, compared to $0.20 from the year-ago quarter. The current stock performance of Seelos Therapeutics shows a 52-week-high of $1.66 and a 52-week-low of $0.23. Moreover, at the end of the last trading period, the closing price was at $0.31. 
According to Argus Research, the prior rating for Silk Road Medical Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILK#NASDAQ">SILK</a>) was changed from Buy to Hold. Silk Road Medical earned $0.35 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $58.04 and a 52-week-low of $15.94. At the end of the last trading period, Silk Road Medical closed at $15.98. 
Citigroup downgraded the previous rating for Frontier Group Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) from Buy to Neutral. Frontier Group Holdings earned $0.31 in the second quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.34 and a 52-week-low of $4.78. Frontier Group Holdings closed at $4.80 at the end of the last trading period. 
For Brighthouse Financial Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHF#NASDAQ">BHF</a>), Goldman Sachs downgraded the previous rating of Neutral to Sell. Brighthouse Finl earned $4.13 in the second quarter, compared to $3.29 in the year-ago quarter. At the moment, the stock has a 52-week-high of $60.54 and a 52-week-low of $39.23. Brighthouse Finl closed at $51.27 at the end of the last trading period. 
According to Cantor Fitzgerald, the prior rating for Seelos Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEEL#NASDAQ">SEEL</a>) was changed from Overweight to Neutral. In the second quarter, Seelos Therapeutics showed an EPS of $0.22, compared to $0.20 from the year-ago quarter. The current stock performance of Seelos Therapeutics shows a 52-week-high of $1.66 and a 52-week-low of $0.23. Moreover, at the end of the last trading period, the closing price was at $0.31. 
Goldman Sachs downgraded the previous rating for BanColombia SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIB#NYSE">CIB</a>) from Buy to Neutral. For the second quarter, BanColombia had an EPS of $1.37, compared to year-ago quarter EPS of $1.78. The current stock performance of BanColombia shows a 52-week-high of $30.89 and a 52-week-low of $21.55. Moreover, at the end of the last trading period, the closing price was at $28.10. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
<h3>Initiations</h3>
B. Riley Securities initiated coverage on YETI Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YETI#NYSE">YETI</a>) with a Neutral rating. The price target for YETI Holdings is set to $50.00. In the second quarter, YETI Holdings showed an EPS of $0.57, compared to $0.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.27 and a 52-week-low of $27.95. YETI Holdings closed at $49.55 at the end of the last trading period. 
BTIG initiated coverage on Overstock.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSTK#NASDAQ">OSTK</a>) with a Neutral rating. Overstock.com earned $0.02 in the second quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $39.27 and a 52-week-low of $17.05. Overstock.com closed at $17.95 at the end of the last trading period. 
With an Underperform rating, Jefferies initiated coverage on Ecopetrol SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EC#NYSE">EC</a>). The price target seems to have been set at $11.20 for Ecopetrol. Ecopetrol earned $0.45 in the second quarter, compared to $1.30 in the year-ago quarter. The current stock performance of Ecopetrol shows a 52-week-high of $13.08 and a 52-week-low of $8.59. Moreover, at the end of the last trading period, the closing price was at $12.90. 
With a Hold rating, Jefferies initiated coverage on YPF SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YPF#NYSE">YPF</a>). The price target seems to have been set at $14.50 for YPF. YPF earned $0.82 in the second quarter, compared to $2.01 in the year-ago quarter. The current stock performance of YPF shows a 52-week-high of $16.19 and a 52-week-low of $6.01. Moreover, at the end of the last trading period, the closing price was at $12.79. 
Jefferies initiated coverage on Pampa Energia SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) with a Buy rating. The price target for Pampa Energia is set to $56.00. For the second quarter, Pampa Energia had an EPS of $3.01, compared to year-ago quarter EPS of $1.20. The stock has a 52-week-high of $48.79 and a 52-week-low of $22.05. At the end of the last trading period, Pampa Energia closed at $40.33. 
With a Buy rating, Jefferies initiated coverage on GeoPark Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPRK#NYSE">GPRK</a>). The price target seems to have been set at $14.50 for GeoPark. GeoPark earned $0.59 in the second quarter, compared to $1.13 in the year-ago quarter. The current stock performance of GeoPark shows a 52-week-high of $16.17 and a 52-week-low of $8.83. Moreover, at the end of the last trading period, the closing price was at $10.11. 
Jefferies initiated coverage on Petroleo Brasileiro SA Petrobras (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBR#NYSE">PBR</a>) with a Buy rating. The price target for Petrobras Brasileiro is set to $21.20. Petrobras Brasileiro earned $0.90 in the second quarter, compared to $1.68 in the year-ago quarter. The current stock performance of Petrobras Brasileiro shows a 52-week-high of $16.32 and a 52-week-low of $8.88. Moreover, at the end of the last trading period, the closing price was at $15.33. 
Jefferies initiated coverage on Ultrapar Participacoes SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with an Underperform rating. The price target for Ultrapar Participacoes is set to $3.30. In the second quarter, Ultrapar Participacoes showed an EPS of $0.04, compared to $0.07 from the year-ago quarter. The current stock performance of Ultrapar Participacoes shows a 52-week-high of $4.11 and a 52-week-low of $2.13. Moreover, at the end of the last trading period, the closing price was at $3.86. 
Jefferies initiated coverage on Vista Energy SAB de CV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIST#NYSE">VIST</a>) with a Buy rating. The price target for Vista Energy is set to $40.00. For the second quarter, Vista Energy had an EPS of $0.52, compared to year-ago quarter EPS of $1.06. At the moment, the stock has a 52-week-high of $28.37 and a 52-week-low of $8.37. Vista Energy closed at $27.00 at the end of the last trading period. 
Barclays initiated coverage on Organon &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGN#NYSE">OGN</a>) with an Overweight rating. The price target for Organon is set to $28.00. For the second quarter, Organon had an EPS of $1.31, compared to year-ago quarter EPS of $1.25. At the moment, the stock has a 52-week-high of $32.43 and a 52-week-low of $18.87. Organon closed at $18.92 at the end of the last trading period. 
Barclays initiated coverage on Alvotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALVO#NASDAQ">ALVO</a>) with a Equal-Weight rating. The price target for Alvotech is set to $10.00. At the moment, the stock has a 52-week-high of $14.60 and a 52-week-low of $5.56. Alvotech closed at $9.10 at the end of the last trading period. 
For Broadstone Net Lease Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNL#NYSE">BNL</a>), JMP Securities initiated coverage, by setting the current rating at Market Perform. In the second quarter, Broadstone Net Lease showed an EPS of $0.35, compared to $0.35 from the year-ago quarter. The current stock performance of Broadstone Net Lease shows a 52-week-high of $18.86 and a 52-week-low of $14.99. Moreover, at the end of the last trading period, the closing price was at $15.97. 
Wells Fargo initiated coverage on Realty Income Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Equal-Weight rating. The price target for Realty Income is set to $59.00. For the second quarter, Realty Income had an EPS of $1.00, compared to year-ago quarter EPS of $0.97. The current stock performance of Realty Income shows a 52-week-high of $68.85 and a 52-week-low of $53.65. Moreover, at the end of the last trading period, the closing price was at $53.80. 
Wells Fargo initiated coverage on Agree Realty Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) with an Overweight rating. The price target for Agree Realty is set to $70.00. For the second quarter, Agree Realty had an EPS of $0.98, compared to year-ago quarter EPS of $0.97. The current stock performance of Agree Realty shows a 52-week-high of $75.71 and a 52-week-low of $58.65. Moreover, at the end of the last trading period, the closing price was at $58.72. 
Wells Fargo initiated coverage on Four Corners Property Trust Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCPT#NYSE">FCPT</a>) with an Overweight rating. The price target for Four Corners Prop is set to $28.00. For the second quarter, Four Corners Prop had an EPS of $0.42, compared to year-ago quarter EPS of $0.41. The stock has a 52-week-high of $29.30 and a 52-week-low of $22.70. At the end of the last trading period, Four Corners Prop closed at $24.13. 
With an Overweight rating, Wells Fargo initiated coverage on Essential Properties Realty Trust Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPRT#NYSE">EPRT</a>). The price target seems to have been set at $27.00 for Essential Props Realty. Essential Props Realty earned $0.41 in the second quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $26.43 and a 52-week-low of $18.89. At the end of the last trading period, Essential Props Realty closed at $23.48. 
Wells Fargo initiated coverage on VICI Properties Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VICI#NYSE">VICI</a>) with an Overweight rating. The price target for VICI Props is set to $36.00. In the second quarter, VICI Props showed an EPS of $0.54, compared to $0.48 from the year-ago quarter. The current stock performance of VICI Props shows a 52-week-high of $35.07 and a 52-week-low of $28.49. Moreover, at the end of the last trading period, the closing price was at $30.66. 
With an Underweight rating, Wells Fargo initiated coverage on Spirit Realty Capital Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRC#NYSE">SRC</a>). The price target seems to have been set at $36.00 for Spirit Realty Cap. In the second quarter, Spirit Realty Cap showed an EPS of $0.91, compared to $0.90 from the year-ago quarter. The stock has a 52-week-high of $44.65 and a 52-week-low of $34.44. At the end of the last trading period, Spirit Realty Cap closed at $36.67. 
Wells Fargo initiated coverage on EPR Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPR#NYSE">EPR</a>) with an Underweight rating. The price target for EPR Props is set to $40.00. For the second quarter, EPR Props had an EPS of $1.28, compared to year-ago quarter EPS of $1.17. At the moment, the stock has a 52-week-high of $47.71 and a 52-week-low of $33.92. EPR Props closed at $42.76 at the end of the last trading period. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings initiations.</a>

Downgrades

Initiation

Intraday Update

ALVO

Brighthouse Financial, Inc. - Common Stock

ENPH

EPRT

EWCZ

FCPT

FIVN

GPRK

NTNX

OSTK

SEEL

SILK

SPLK

ULCC

VICI

YETI

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

Jefferies analyst Alejandro Demichelis initiates coverage on Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Underperform rating and announces Price Target of $3.3.

Jefferies Initiates Coverage On Ultrapar Participacoes with Underperform Rating, Announces Price Target of $3.3

ADNT

BALL

BYND

FRPT

IMCR

IMGN

MBLY

MDLZ

ORCL

RIVN

SBCF

SGHT

SLRN

TOWN

TSVT

Hostess Brands, Inc. - Class A Common Stock

TWNK

UMBF

VECO

VITL

XPRO

Benzinga's Top Ratings Upgrades, Downgrades For September 13, 2023

<ul>
<li>Needham cut the price target for Rocket Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rckt#NASDAQ">RCKT</a>) from $60 to $53. Needham analyst Gil Blum maintained a Buy rating. Rocket Pharmaceuticals shares rose 24.3% to $19.00 in pre-market trading.</li>
<li>Goldman Sachs slashed Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) price target from $4.5 to $4. Goldman Sachs analyst Bruno Amorim downgraded the stock from Buy to Neutral. Ultrapar Participa&ccedil;&otilde;es shares gained 1.3% to close at $3.83 on Tuesday.</li>
<li>BMO Capital raised the price target for Casey&#39;s General Stores, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/casy#NASDAQ">CASY</a>) from $270 to $290. BMO Capital analyst Kelly Bania maintained an Outperform rating. Casey&#39;s General shares fell 0.1% to $266.00 in pre-market trading.</li>
<li>BMO Capital boosted the price target for Kinsale Capital Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/knsl#NYSE">KNSL</a>) from $415 to $450. BMO Capital analyst Michael Zaremski maintained an Outpeform rating. Kinsale Capital shares rose 0.2% to close at $415.18 on Tuesday.</li>
<li>BMO Capital lifted Neurocrine Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nbix#NASDAQ">NBIX</a>) price target from $100 to $111. BMO Capital analyst Evan Seigerman maintained a Market Perform rating. Neurocrine Biosciences shares gained 6.8% to close at $117.10 on Tuesday.</li>
<li>BMO Capital cut Darden Restaurants, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dri#NYSE">DRI</a>) price target from $167 to $160. BMO Capital analyst Andrew Strelzik maintained a Market Perform rating. Darden shares rose 1.1% to close at $149.74 on Tuesday.</li>
<li>B. Riley Securities raised GoDaddy Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gddy#NYSE">GDDY</a>) price target from $102 to $107. B. Riley Securities analyst Naved Khan maintained a Buy rating. GoDaddy shares rose 1.3% to close at $74.64 on Tuesday.</li>
<li>Benchmark cut C.H. Robinson Worldwide, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chrw#NASDAQ">CHRW</a>) price target from $108 to $100. Benchmark analyst Christopher Kuhn maintained a Buy rating. C.H. Robinson shares rose 0.1% to $87.10 in pre-market trading.</li>
<li>Benchmark increased the price target for Carpenter Technology Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>) from $65 to $100. Benchmark analyst Josh Sullivan maintained a Buy rating. Carpenter Technology shares rose 1.1% to $64.99 in pre-market trading.</li>
<li>Piper Sandler cut Willis Towers Watson Public Limited Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wtw#NASDAQ">WTW</a>) price target from $270 to $265. Piper Sandler analyst Paul Newsome maintained an Overweight rating. Willis Towers Watson shares rose 0.5% to close at $203.58 on Tuesday.</li>
<li>BMO Capital boosted Barrick Gold Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gold#NYSE">GOLD</a>) price target from $29 to $30. BMO Capital analyst Jackie Przybylowski maintained an Outperform rating. Barrick Gold shares fell 0.2% to $16.02 in pre-market trading.</li>
<li>&nbsp;</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/09/34530435/these-3-health-care-stocks-with-over-3-dividend-yields-are-recommended-by-wall-streets-m"> These 3 Health Care Stocks With Over 3% Dividend Yields Are Recommended By Wall Street&#39;s Most Accurate Analysts </a>

CASY

CHRW

GDDY

GOLD

KNSL

NBIX

RCKT

GoDaddy To Rally Around 44%? Here Are 10 Other Analyst Forecasts For Wednesday

Goldman Sachs analyst Bruno Amorim downgrades Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) from Buy to Neutral and lowers the price target from $4.5 to $4.

Goldman Sachs Downgrades Ultrapar Participacoes to Neutral, Lowers Price Target to $4

ACDC

CIVI

GLNG

PUMP

SLCA

Shares of energy stocks are trading higher as oil rebounds following Thursday weakness.

<h3>Upgrades</h3>
According to TD Cowen, the prior rating for Neste Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTOIY#OTC">NTOIY</a>) was changed from Underperform to Market Perform. The current stock performance of Neste shows a 52-week-high of $26.03 and a 52-week-low of $18.70. Moreover, at the end of the last trading period, the closing price was at $19.00. 
For Wayfair Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), MoffettNathanson upgraded the previous rating of Underperform to Market Perform. For the first quarter, Wayfair had an EPS of $1.13, compared to year-ago quarter EPS of $1.96. At the moment, the stock has a 52-week-high of $76.28 and a 52-week-low of $28.13. Wayfair closed at $57.09 at the end of the last trading period. 
Morgan Stanley upgraded the previous rating for Evotec SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVO#NASDAQ">EVO</a>) from Equal-Weight to Overweight. For the fourth quarter, Evotec had an EPS of $0.08, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $15.04 and a 52-week-low of $7.80. At the end of the last trading period, Evotec closed at $11.21. 
According to Raymond James, the prior rating for Ventas Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTR#NYSE">VTR</a>) was changed from Outperform to Strong Buy. Ventas earned $0.74 in the first quarter, compared to $0.79 in the year-ago quarter. The stock has a 52-week-high of $54.11 and a 52-week-low of $35.34. At the end of the last trading period, Ventas closed at $44.49. 
According to Jefferies, the prior rating for Principal Financial Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) was changed from Underperform to Hold. In the first quarter, Principal Finl Gr showed an EPS of $1.48, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $96.12 and a 52-week-low of $61.06. At the end of the last trading period, Principal Finl Gr closed at $72.52. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
<h3>Downgrades</h3>
For Humana Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>), Argus Research downgraded the previous rating of Buy to Hold. For the first quarter, Humana had an EPS of $9.38, compared to year-ago quarter EPS of $8.04. The current stock performance of Humana shows a 52-week-high of $571.01 and a 52-week-low of $435.00. Moreover, at the end of the last trading period, the closing price was at $456.44. 
For Sarepta Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>), Evercore ISI Group downgraded the previous rating of Outperform to Neutral. Sarepta Therapeutics earned $0.97 in the first quarter, compared to $0.56 in the year-ago quarter. The current stock performance of Sarepta Therapeutics shows a 52-week-high of $159.89 and a 52-week-low of $67.91. Moreover, at the end of the last trading period, the closing price was at $123.92. 
According to Wells Fargo, the prior rating for Under Armour Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) was changed from Overweight to Equal-Weight. The stock has a 52-week-high of $13.04 and a 52-week-low of $6.39. At the end of the last trading period, Under Armour closed at $7.35. 
TD Cowen downgraded the previous rating for Accenture PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) from Outperform to Market Perform. For the third quarter, Accenture had an EPS of $3.19, compared to year-ago quarter EPS of $2.79. The current stock performance of Accenture shows a 52-week-high of $327.93 and a 52-week-low of $242.80. Moreover, at the end of the last trading period, the closing price was at $307.25. 
For Viatris Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTRS#NASDAQ">VTRS</a>), Barclays downgraded the previous rating of Equal-Weight to Underweight. In the first quarter, Viatris showed an EPS of $0.77, compared to $0.93 from the year-ago quarter. The current stock performance of Viatris shows a 52-week-high of $12.40 and a 52-week-low of $8.43. Moreover, at the end of the last trading period, the closing price was at $10.05. 
Jefferies downgraded the previous rating for Reinsurance Group of America Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGA#NYSE">RGA</a>) from Buy to Hold. For the first quarter, Reinsurance Gr had an EPS of $5.16, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $153.35 and a 52-week-low of $110.74. At the end of the last trading period, Reinsurance Gr closed at $142.26. 
Raymond James downgraded the previous rating for Welltower Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WELL#NYSE">WELL</a>) from Strong Buy to Outperform. In the first quarter, Welltower showed an EPS of $0.85, compared to $0.82 from the year-ago quarter. At the moment, the stock has a 52-week-high of $86.83 and a 52-week-low of $56.54. Welltower closed at $78.46 at the end of the last trading period. 
For Ultrapar Participacoes SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>), HSBC downgraded the previous rating of Buy to Hold. Ultrapar Participacoes earned $0.05 in the first quarter, compared to $0.02 in the year-ago quarter. The current stock performance of Ultrapar Participacoes shows a 52-week-high of $3.83 and a 52-week-low of $2.13. Moreover, at the end of the last trading period, the closing price was at $3.74. 
Exane BNP Paribas downgraded the previous rating for Planet Fitness Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>) from Neutral to Underperform. For the first quarter, Planet Fitness had an EPS of $0.41, compared to year-ago quarter EPS of $0.32. At the moment, the stock has a 52-week-high of $85.91 and a 52-week-low of $54.15. Planet Fitness closed at $67.86 at the end of the last trading period. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
<h3>Initiations</h3>
Raymond James initiated coverage on Fusion Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUSN#NASDAQ">FUSN</a>) with an Outperform rating. The price target for Fusion Pharmaceuticals is set to $13.00. In the first quarter, Fusion Pharmaceuticals showed an EPS of $0.45, compared to $0.46 from the year-ago quarter. The current stock performance of Fusion Pharmaceuticals shows a 52-week-high of $5.63 and a 52-week-low of $1.98. Moreover, at the end of the last trading period, the closing price was at $4.37. 
BTIG initiated coverage on Gambling.com Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAMB#NASDAQ">GAMB</a>) with a Buy rating. The price target for Gambling.com Gr is set to $13.00. In the first quarter, Gambling.com Gr showed an EPS of $0.20, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.49 and a 52-week-low of $6.62. Gambling.com Gr closed at $9.74 at the end of the last trading period. 
With an Overweight rating, Stephens &amp; Co. initiated coverage on Valvoline Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VVV#NYSE">VVV</a>). The price target seems to have been set at $43.00 for Valvoline. Valvoline earned $0.23 in the second quarter, compared to $0.48 in the year-ago quarter. The current stock performance of Valvoline shows a 52-week-high of $39.67 and a 52-week-low of $24.41. Moreover, at the end of the last trading period, the closing price was at $36.28. 
Truist Securities initiated coverage on Floor &amp; Decor Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) with a Buy rating. The price target for Floor &amp; Decor Hldgs is set to $120.00. Floor &amp; Decor Hldgs earned $0.66 in the first quarter, compared to $0.67 in the year-ago quarter. The current stock performance of Floor &amp; Decor Hldgs shows a 52-week-high of $102.61 and a 52-week-low of $60.97. Moreover, at the end of the last trading period, the closing price was at $95.72. 
HC Wainwright &amp; Co. initiated coverage on iSun Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISUN#NASDAQ">ISUN</a>) with a Buy rating. The price target for iSun is set to $2.75. In the first quarter, iSun showed an EPS of $0.19, compared to $0.03 from the year-ago quarter. The current stock performance of iSun shows a 52-week-high of $4.98 and a 52-week-low of $0.47. Moreover, at the end of the last trading period, the closing price was at $0.54. 
B. Riley Securities initiated coverage on Fiserv Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) with a Buy rating. The price target for Fiserv is set to $148.00. For the second quarter, Fiserv had an EPS of $0.04, compared to year-ago quarter EPS of $0.13. The current stock performance of Fiserv shows a 52-week-high of $121.49 and a 52-week-low of $113.57. Moreover, at the end of the last trading period, the closing price was at $120.54. 
With a Buy rating, B. Riley Securities initiated coverage on Global Payments Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>). The price target seems to have been set at $179.00 for Global Payments. Global Payments earned $2.40 in the first quarter, compared to $2.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $136.88 and a 52-week-low of $92.28. Global Payments closed at $99.62 at the end of the last trading period. 
With a Neutral rating, B. Riley Securities initiated coverage on Priority Technology Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTH#NASDAQ">PRTH</a>). The price target seems to have been set at $5.00 for Priority Tech Holdings. For the first quarter, Priority Tech Holdings had an EPS of $0.15, compared to year-ago quarter EPS of $0.11. The current stock performance of Priority Tech Holdings shows a 52-week-high of $6.15 and a 52-week-low of $2.99. Moreover, at the end of the last trading period, the closing price was at $3.54. 
B. Riley Securities initiated coverage on Flywire Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLYW#NASDAQ">FLYW</a>) with a Buy rating. The price target for Flywire is set to $38.00. In the first quarter, Flywire showed an EPS of $0.03, compared to $0.10 from the year-ago quarter. The current stock performance of Flywire shows a 52-week-high of $32.60 and a 52-week-low of $16.63. Moreover, at the end of the last trading period, the closing price was at $31.39. 
Piper Sandler initiated coverage on Stem Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) with a Neutral rating. The price target for Stem is set to $6.00. For the first quarter, Stem had an EPS of $0.29, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $18.01 and a 52-week-low of $3.71. Stem closed at $5.53 at the end of the last trading period. 
With a Neutral rating, Piper Sandler initiated coverage on Fluence Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNC#NASDAQ">FLNC</a>). The price target seems to have been set at $24.00 for Fluence Energy. Fluence Energy earned $0.21 in the second quarter, compared to $1.00 in the year-ago quarter. The current stock performance of Fluence Energy shows a 52-week-high of $29.55 and a 52-week-low of $8.11. Moreover, at the end of the last trading period, the closing price was at $25.76. 
Compass Point initiated coverage on Affirm Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) with a Neutral rating. The price target for Affirm Holdings is set to $14.50. For the third quarter, Affirm Holdings had an EPS of $0.69, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $40.97 and a 52-week-low of $8.62. At the end of the last trading period, Affirm Holdings closed at $14.89. 
With an Overweight rating, Stephens &amp; Co. initiated coverage on SunOpta Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STKL#NASDAQ">STKL</a>). The price target seems to have been set at $10.00 for SunOpta. In the first quarter, SunOpta showed an EPS of $0.05, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $11.67 and a 52-week-low of $6.33. At the end of the last trading period, SunOpta closed at $6.85. 
With an Overweight rating, Stephens &amp; Co. initiated coverage on Sovos Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOVO#NASDAQ">SOVO</a>). The price target seems to have been set at $23.00 for Sovos Brands. Sovos Brands earned $0.18 in the first quarter, compared to $0.14 in the year-ago quarter. The current stock performance of Sovos Brands shows a 52-week-high of $20.58 and a 52-week-low of $12.74. Moreover, at the end of the last trading period, the closing price was at $18.74. 
With an Overweight rating, Stephens &amp; Co. initiated coverage on The Hain Celestial Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAIN#NASDAQ">HAIN</a>). The price target seems to have been set at $17.00 for Hain Celestial Group. Hain Celestial Group earned $0.08 in the third quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.48 and a 52-week-low of $11.72. Hain Celestial Group closed at $11.94 at the end of the last trading period. 
With an Overweight rating, Stephens &amp; Co. initiated coverage on Celsius Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>). The price target seems to have been set at $180.00 for Celsius Holdings. Celsius Holdings earned $0.40 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Celsius Holdings shows a 52-week-high of $150.35 and a 52-week-low of $53.41. Moreover, at the end of the last trading period, the closing price was at $147.87. 
Compass Point initiated coverage on SoFi Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) with a Sell rating. The price target for SoFi Techs is set to $5.00. In the first quarter, SoFi Techs showed an EPS of $0.05, compared to $0.14 from the year-ago quarter. The current stock performance of SoFi Techs shows a 52-week-high of $10.23 and a 52-week-low of $4.25. Moreover, at the end of the last trading period, the closing price was at $8.49. 
With a Equal-Weight rating, Stephens &amp; Co. initiated coverage on The Vita Coco Co Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COCO#NASDAQ">COCO</a>). The price target seems to have been set at $30.00 for Vita Coco. For the first quarter, Vita Coco had an EPS of $0.12, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $29.70 and a 52-week-low of $7.43. At the end of the last trading period, Vita Coco closed at $29.15. 
With a Buy rating, Loop Capital initiated coverage on Lancaster Colony Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LANC#NASDAQ">LANC</a>). The price target seems to have been set at $237.00 for Lancaster Colony. For the third quarter, Lancaster Colony had an EPS of $0.89, compared to year-ago quarter EPS of $0.71. The stock has a 52-week-high of $220.65 and a 52-week-low of $123.93. At the end of the last trading period, Lancaster Colony closed at $191.69. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings initiations.</a>

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

HSBC analyst Lilyanna Yang downgrades Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) from Buy to Hold and raises the price target from $3 to $3.8.

HSBC Downgrades Ultrapar Participacoes to Hold, Raises Price Target to $3.8

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Buy and raises the price target from $3.4 to $4.

Goldman Sachs Maintains Buy on Ultrapar Participacoes, Raises Price Target to $4

The most overbought stocks in the energy sector presents an opportunity to go short on these overvalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70.</a>
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Comstock Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lode#NYSE">LODE</a>)</h3>
<ul>
<li>Comstock posted a narrower-than-expected quarterly loss. &ldquo;Over the past three months, we monetized non-strategic assets and positioned ourselves to meet or exceed our $30 million target this year,&rdquo; said Corrado De Gasperis, Comstock&rsquo;s executive chairman and chief executive officer. The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/LODE">52-week high of $0.84 </a>.</li>
<li>RSI Value: 81.74</li>
<li>LODE Price Action: Shares of Comstock fell 0.2% to close at $0.7480 on Thursday.</li>
</ul>
<h3>Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>)</h3>
<ul>
<li>Ultrapar recently reported first-quarter earnings.. The company&rsquo;s <a href="https://www.benzinga.com/quote/UGP"> stock has a 52-week high </a> of $3.52.</li>
<li>RSI Value: 77.19</li>
<li>UGP Price Action: Shares of Ultrapar Participa&ccedil;&otilde;es rose 1.7% to close at $3.51 on Thursday.</li>
</ul>
<h3>Ranger Energy Services, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rngr#NYSE">RNGR</a>)</h3>
<ul>
<li>Ranger Energy Services posted downbeat quarterly earnings. &quot;I am pleased to report that our results for the first quarter of 2023 demonstrate strong year-over-year growth across all segments of our business,&quot; stated Stuart Bodden, Chief Executive Officer of Ranger Energy Services. The company has a <a href="https://www.benzinga.com/quote/RNGR"> 52-week high </a> of $12.51.</li>
<li>RSI Value: 73.62</li>
<li>RNGR Price Action: Shares of Ranger Energy Services rose 3.4% to close at $12.24 on Thursday.</li>
</ul>
<h3>Equitrans Midstream Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/etrn#NYSE">ETRN</a>)</h3>
<ul>
<li>Equitrans Midstream posted better-than-expected first-quarter results. &quot;The MVP project has almost certainly gone through more environmental review and scrutiny than any natural gas pipeline project in U.S. history, and we believe the immense amount of quality work, in-depth analysis, and comprehensive agency conclusions must be recognized at all levels,&quot; said Thomas F. Karam, Equitrans chairman and chief executive officer. The company&rsquo;s 52-week high is $9.90.</li>
<li>RSI Value: 75.93</li>
<li>ETRN Price Action: Shares of Equitrans Midstream rose 3.5% to close at $5.93 on Thursday.</li>
</ul>
<h3>SandRidge Energy, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sd#NYSE">SD</a>)</h3>
SandRidge Energy announced a $2 per share special dividend. The company <a href="https://www.benzinga.com/quote/SD"> has a 52-week high </a> of $29.28.
RSI Value: 77.30
SD Price Action: Shares of SandRidge Energy rose 3.3% to settle at $17.30 on Thursday.
Read More: <a href="https://www.benzinga.com/news/earnings/23/05/32480680/investor-sentiment-improves-further-after-nasdaq-jumps-1-5"> Investor Sentiment Improves Further After Nasdaq Jumps 1.5% </a>

ETRN

RNGR

Top 5 Energy Stocks That May Implode In Q2

Third Avenue Value Fund Q2 2024 Commentary

Ultrapar Participacoes SA (UGP) Q2 2024 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Ultrapar Participacoes (NYSE:<a href="https://investorplace.com/stock-quotes/ugp-stock-quote/">UGP</a>) just reported results for the second quarter of 2024.<ul><li>Ultrapar Participacoes reported earnings per share of 8 cents. This met the analyst estimate for EPS of 8 cents.</li><li>The company reported revenue of $6.21 billion.</li><li>This was 2.94% better than the analyst estimate for revenue of $6.03 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/ugp-stock-earnings-ultrapar-participacoes-for-q2-of-2024/">UGP Stock Earnings: Ultrapar Participacoes Meets EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

UGP Stock Earnings: Ultrapar Participacoes Meets EPS, Beats Revenue for Q2 2024

Ultrapar Participacoes goes ex dividend today

Ultrapar's Turnaround Complete: Time To Consider A Buy Rating

Warning: UGP is at high risk of performing badly

Ultrapar Participacoes SA (UGP) has released an update. Ultrapar Participações S.A. has announced its annual investor and analyst event, Ultra Day ...

Ultrapar Hosts Ultra Day 2024 for Investors

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Cooper Energy Limited (COPJF – Research Report), Ultra...

Analysts Conflicted on These Energy Names: Cooper Energy Limited (OtherCOPJF), Ultrapar Participacoes SA (UGP) and TC Energy (TRP)

Ultrapar Participacoes SA (UGP) has released an update. Ultrapar Participações S.A. has announced the approval of the 3rd Restricted Share-based Co...

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Top Stock Ideas Sent Daily — Join and Gain Your Edge

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