Benzinga's Top Ratings Upgrades, Downgrades For February 9, 2023

Upgrades

For EMCORE Corp EMKR, Lake Street upgraded the previous rating of Hold to Buy. For the first quarter, EMCORE had an EPS of $0.22, compared to year-ago quarter EPS of $0.14. The current stock performance of EMCORE shows a 52-week-high of $5.94 and a 52-week-low of $0.86. Moreover, at the end of the last trading period, the closing price was at $1.32.

Craig-Hallum upgraded the previous rating for Cerence Inc CRNC from Hold to Buy. For the first quarter, Cerence had an EPS of $0.36, compared to year-ago quarter EPS of $0.59. The stock has a 52-week-high of $47.80 and a 52-week-low of $12.82. At the end of the last trading period, Cerence closed at $28.92.

For Kiora Pharmaceuticals Inc KPRX, Maxim Group upgraded the previous rating of Hold to Buy. For the third quarter, Kiora Pharmaceuticals had an EPS of $4.35, compared to year-ago quarter EPS of $11.60. The stock has a 52-week-high of $39.18 and a 52-week-low of $2.32. At the end of the last trading period, Kiora Pharmaceuticals closed at $6.94.

Northland Capital Markets upgraded the previous rating for EMCORE Corp EMKR from Market Perform to Outperform. EMCORE earned $0.22 in the first quarter, compared to $0.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $5.94 and a 52-week-low of $0.86. EMCORE closed at $1.32 at the end of the last trading period.

According to Jefferies, the prior rating for Hims & Hers Health Inc HIMS was changed from Hold to Buy. In the third quarter, Hims & Hers Health showed an EPS of $0.09, compared to $0.08 from the year-ago quarter. The current stock performance of Hims & Hers Health shows a 52-week-high of $8.64 and a 52-week-low of $2.72. Moreover, at the end of the last trading period, the closing price was at $8.43.

According to Barclays, the prior rating for New York Times Co NYT was changed from Underweight to Equal-Weight. For the fourth quarter, New York Times had an EPS of $0.59, compared to year-ago quarter EPS of $0.43. The stock has a 52-week-high of $47.67 and a 52-week-low of $27.59. At the end of the last trading period, New York Times closed at $41.13.

See all analyst ratings upgrades.

Downgrades

For Black Hills Corp BKH, Sidoti & Co. downgraded the previous rating of Buy to Neutral. For the fourth quarter, Black Hills had an EPS of $1.11, compared to year-ago quarter EPS of $1.11. At the moment, the stock has a 52-week-high of $80.95 and a 52-week-low of $59.08. Black Hills closed at $64.43 at the end of the last trading period.

According to UBS, the prior rating for Ecopetrol SA EC was changed from Buy to Neutral. For the third quarter, Ecopetrol had an EPS of $1.05, compared to year-ago quarter EPS of $0.48. The current stock performance of Ecopetrol shows a 52-week-high of $19.81 and a 52-week-low of $8.59. Moreover, at the end of the last trading period, the closing price was at $10.87.

According to Canaccord Genuity, the prior rating for Rapid7 Inc RPD was changed from Buy to Hold. For the fourth quarter, Rapid7 had an EPS of $0.35, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $118.25 and a 52-week-low of $26.48. Rapid7 closed at $51.47 at the end of the last trading period.

For DraftKings Inc DKNG, Roth Capital downgraded the previous rating of Neutral to Sell. In the third quarter, DraftKings showed an EPS of $1.00, compared to $1.35 from the year-ago quarter. The stock has a 52-week-high of $25.01 and a 52-week-low of $9.77. At the end of the last trading period, DraftKings closed at $17.67.

For Black Hills Corp BKH, Mizuho downgraded the previous rating of Neutral to Underperform. For the fourth quarter, Black Hills had an EPS of $1.11, compared to year-ago quarter EPS of $1.11. At the moment, the stock has a 52-week-high of $80.95 and a 52-week-low of $59.08. Black Hills closed at $64.43 at the end of the last trading period.

For Avista Corp AVA, Mizuho downgraded the previous rating of Neutral to Underperform. Avista earned $0.08 in the third quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $46.90 and a 52-week-low of $35.72. At the end of the last trading period, Avista closed at $40.60.

According to Baird, the prior rating for Bunge Ltd BG was changed from Outperform to Neutral. Bunge earned $3.24 in the fourth quarter, compared to $3.49 in the year-ago quarter. The current stock performance of Bunge shows a 52-week-high of $128.40 and a 52-week-low of $80.41. Moreover, at the end of the last trading period, the closing price was at $98.19.

Stephens & Co. downgraded the previous rating for Azenta Inc AZTA from Overweight to Equal-Weight. Azenta earned $0.12 in the first quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of $93.39 and a 52-week-low of $37.61. At the end of the last trading period, Azenta closed at $56.22.

UBS downgraded the previous rating for Univar Solutions Inc UNVR from Buy to Neutral. Univar Solns earned $0.84 in the third quarter, compared to $0.62 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.61 and a 52-week-low of $21.49. Univar Solns closed at $35.11 at the end of the last trading period.

Keefe, Bruyette & Woods downgraded the previous rating for Pennant Park Investment Corp PNNT from Outperform to Market Perform. In the first quarter, Pennant Park Investment showed an EPS of $0.16, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $8.02 and a 52-week-low of $5.33. At the end of the last trading period, Pennant Park Investment closed at $5.99.

JP Morgan downgraded the previous rating for Gerdau SA GGB from Overweight to Neutral. Gerdau earned $0.34 in the third quarter, compared to $0.62 in the year-ago quarter. The current stock performance of Gerdau shows a 52-week-high of $6.66 and a 52-week-low of $3.94. Moreover, at the end of the last trading period, the closing price was at $6.00.

According to JP Morgan, the prior rating for Vale SA VALE was changed from Overweight to Neutral. For the third quarter, Vale had an EPS of $0.98, compared to year-ago quarter EPS of $1.22. At the moment, the stock has a 52-week-high of $21.29 and a 52-week-low of $11.72. Vale closed at $16.95 at the end of the last trading period.

According to Credit Suisse, the prior rating for Zebra Technologies Corp ZBRA was changed from Outperform to Neutral. Zebra Technologies earned $4.12 in the third quarter, compared to $4.55 in the year-ago quarter. At the moment, the stock has a 52-week-high of $507.48 and a 52-week-low of $224.87. Zebra Technologies closed at $325.54 at the end of the last trading period.

Jefferies downgraded the previous rating for Oak Street Health Inc OSH from Buy to Hold. Oak Street Health earned $0.56 in the third quarter, compared to $0.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.47 and a 52-week-low of $13.29. Oak Street Health closed at $35.23 at the end of the last trading period.

For Accolade Inc ACCD, Jefferies downgraded the previous rating of Buy to Hold. Accolade earned $0.56 in the third quarter, compared to $0.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $22.92 and a 52-week-low of $4.61. Accolade closed at $12.58 at the end of the last trading period.

RBC Capital downgraded the previous rating for Affirm Holdings Inc AFRM from Outperform to Sector Perform. In the second quarter, Affirm Holdings showed an EPS of $1.10, compared to $0.57 from the year-ago quarter. At the moment, the stock has a 52-week-high of $83.57 and a 52-week-low of $8.62. Affirm Holdings closed at $16.02 at the end of the last trading period.

According to Piper Sandler, the prior rating for Rapid7 Inc RPD was changed from Overweight to Neutral. For the fourth quarter, Rapid7 had an EPS of $0.35, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $118.25 and a 52-week-low of $26.48. Rapid7 closed at $51.47 at the end of the last trading period.

According to Oppenheimer, the prior rating for Digital Turbine Inc APPS was changed from Outperform to Perform. In the third quarter, Digital Turbine showed an EPS of $0.29, compared to $0.49 from the year-ago quarter. At the moment, the stock has a 52-week-high of $55.68 and a 52-week-low of $10.65. Digital Turbine closed at $16.21 at the end of the last trading period.

Telsey Advisory Group downgraded the previous rating for Vintage Wine Estates Inc VWE from Market Perform to Underperform. At the moment, the stock has a 52-week-high of $11.15 and a 52-week-low of $2.13. Vintage Wine Estates closed at $2.79 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Sensata Technologies Holding PLC ST from Outperform to Peer Perform. In the fourth quarter, Sensata Technologies showed an EPS of $0.96, compared to $0.87 from the year-ago quarter. The current stock performance of Sensata Technologies shows a 52-week-high of $59.52 and a 52-week-low of $36.64. Moreover, at the end of the last trading period, the closing price was at $52.26.

Wolfe Research downgraded the previous rating for TE Connectivity Ltd TEL from Outperform to Peer Perform. In the first quarter, TE Connectivity showed an EPS of $1.53, compared to $1.76 from the year-ago quarter. At the moment, the stock has a 52-week-high of $151.76 and a 52-week-low of $104.76. TE Connectivity closed at $131.55 at the end of the last trading period.

For Adient PLC ADNT, Wolfe Research downgraded the previous rating of Outperform to Peer Perform. Adient earned $0.34 in the first quarter, compared to $0.38 in the year-ago quarter. The current stock performance of Adient shows a 52-week-high of $50.23 and a 52-week-low of $27.15. Moreover, at the end of the last trading period, the closing price was at $44.00.

Keefe, Bruyette & Woods downgraded the previous rating for Bank of America Corp BAC from Market Perform to Underperform. Bank of America earned $0.85 in the fourth quarter, compared to $0.82 in the year-ago quarter. The stock has a 52-week-high of $50.11 and a 52-week-low of $29.31. At the end of the last trading period, Bank of America closed at $36.50.

See all analyst ratings downgrades.

Initiations

Barclays initiated coverage on Full Truck Alliance Co Ltd YMM with a Equal-Weight rating. The price target for Full Truck Alliance Co is set to $8.00. For the third quarter, Full Truck Alliance Co had an EPS of $0.07, compared to year-ago quarter EPS of $0.00. The current stock performance of Full Truck Alliance Co shows a 52-week-high of $10.18 and a 52-week-low of $4.12. Moreover, at the end of the last trading period, the closing price was at $7.46.

Janney Montgomery Scott initiated coverage on SunPower Corp SPWR with a Neutral rating. The price target for SunPower is set to $16.00. SunPower earned $0.13 in the third quarter, compared to $0.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.42 and a 52-week-low of $12.78. SunPower closed at $16.26 at the end of the last trading period.

With a Buy rating, Canaccord Genuity initiated coverage on SentinelOne Inc S. The price target seems to have been set at $20.00 for SentinelOne. In the third quarter, SentinelOne showed an EPS of $0.16, compared to $0.15 from the year-ago quarter. The current stock performance of SentinelOne shows a 52-week-high of $48.46 and a 52-week-low of $12.69. Moreover, at the end of the last trading period, the closing price was at $15.75.

With a Buy rating, EF Hutton initiated coverage on Direct Digital Holdings Inc DRCT. The price target seems to have been set at $7.00 for Direct Digital Holdings. For the third quarter, Direct Digital Holdings had an EPS of $0.06, compared to year-ago quarter EPS of $6.62. At the moment, the stock has a 52-week-high of $6.53 and a 52-week-low of $1.16. Direct Digital Holdings closed at $5.83 at the end of the last trading period.

With a Buy rating, Loop Capital initiated coverage on Triumph Financial Inc TFIN. The price target seems to have been set at $76.00 for Triumph Financial. Triumph Financial earned $0.67 in the fourth quarter, compared to $1.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $67.09 and a 52-week-low of $45.08. Triumph Financial closed at $64.68 at the end of the last trading period.

With an Outperform rating, Raymond James initiated coverage on Vertex Inc VERX. The price target seems to have been set at $19.00 for Vertex. For the third quarter, Vertex had an EPS of $0.08, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $19.30 and a 52-week-low of $9.44. At the end of the last trading period, Vertex closed at $14.37.

With a Buy rating, HC Wainwright & Co. initiated coverage on GSE Systems Inc GVP. The price target seems to have been set at $3.00 for GSE Systems. For the third quarter, GSE Systems had an EPS of $0.05, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $2.20 and a 52-week-low of $0.53. At the end of the last trading period, GSE Systems closed at $1.03.

Barclays initiated coverage on Coupang Inc CPNG with an Overweight rating. The price target for Coupang is set to $20.00. In the third quarter, Coupang showed an EPS of $0.05, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $27.12 and a 52-week-low of $8.98. At the end of the last trading period, Coupang closed at $16.34.

With a Buy rating, Benchmark initiated coverage on Kosmos Energy Ltd KOS. The price target seems to have been set at $10.00 for Kosmos Energy. For the third quarter, Kosmos Energy had an EPS of $0.19, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $8.48 and a 52-week-low of $4.09. At the end of the last trading period, Kosmos Energy closed at $7.60.

See all analyst ratings initiations.