Benzinga's Top Ratings Upgrades, Downgrades For March 3, 2023

Upgrades

JP Morgan upgraded the previous rating for Casey's General Stores Inc CASY from Underweight to Neutral. In the second quarter, Casey's General Stores showed an EPS of $3.67, compared to $2.59 from the year-ago quarter. The stock has a 52-week-high of $249.90 and a 52-week-low of $170.82. At the end of the last trading period, Casey's General Stores closed at $211.24.

Craig-Hallum upgraded the previous rating for LivePerson Inc LPSN from Hold to Buy. For the third quarter, LivePerson had an EPS of $0.09, compared to year-ago quarter EPS of $0.47. The current stock performance of LivePerson shows a 52-week-high of $26.66 and a 52-week-low of $7.96. Moreover, at the end of the last trading period, the closing price was at $9.63.

Goldman Sachs upgraded the previous rating for Samsara Inc IOT from Neutral to Buy. Samsara earned $0.02 in the fourth quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Samsara shows a 52-week-high of $19.45 and a 52-week-low of $8.42. Moreover, at the end of the last trading period, the closing price was at $16.88.

Evercore ISI Group upgraded the previous rating for Neurocrine Biosciences Inc NBIX from In-Line to Outperform. For the fourth quarter, Neurocrine Biosciences had an EPS of $1.24, compared to year-ago quarter EPS of $0.04. The current stock performance of Neurocrine Biosciences shows a 52-week-high of $129.29 and a 52-week-low of $75.25. Moreover, at the end of the last trading period, the closing price was at $100.16.

For Bilibili Inc BILI, Citigroup upgraded the previous rating of Neutral to Buy. Bilibili earned $0.48 in the fourth quarter, compared to $0.66 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.00 and a 52-week-low of $8.23. Bilibili closed at $21.57 at the end of the last trading period.

According to UBS, the prior rating for First Solar Inc FSLR was changed from Neutral to Buy. First Solar earned $0.07 in the fourth quarter, compared to $1.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $199.35 and a 52-week-low of $59.60. First Solar closed at $198.22 at the end of the last trading period.

For Ardelyx Inc ARDX, Wedbush upgraded the previous rating of Neutral to Outperform. In the fourth quarter, Ardelyx showed an EPS of $0.06, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $3.43 and a 52-week-low of $0.49. At the end of the last trading period, Ardelyx closed at $2.89.

DA Davidson upgraded the previous rating for Asana Inc ASAN from Neutral to Buy. In the third quarter, Asana showed an EPS of $0.26, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $55.10 and a 52-week-low of $11.32. Asana closed at $15.32 at the end of the last trading period.

According to BMO Capital, the prior rating for Empire State Realty Trust Inc ESRT was changed from Market Perform to Outperform. For the fourth quarter, Empire State Realty Trust had an EPS of $0.22, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $10.05 and a 52-week-low of $6.24. Empire State Realty Trust closed at $7.63 at the end of the last trading period.

Scotiabank upgraded the previous rating for The Toronto-Dominion Bank TD from Sector Perform to Sector Outperform. Toronto-Dominion Bank earned $1.65 in the first quarter, compared to $1.64 in the year-ago quarter. The stock has a 52-week-high of $82.64 and a 52-week-low of $57.27. At the end of the last trading period, Toronto-Dominion Bank closed at $65.07.

For The Kroger Co KR, JP Morgan upgraded the previous rating of Neutral to Overweight. In the fourth quarter, Kroger showed an EPS of $0.99, compared to $0.91 from the year-ago quarter. The current stock performance of Kroger shows a 52-week-high of $62.78 and a 52-week-low of $41.81. Moreover, at the end of the last trading period, the closing price was at $45.73.

For RadNet Inc RDNT, Raymond James upgraded the previous rating of Market Perform to Outperform. In the fourth quarter, RadNet showed an EPS of $0.11, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.41 and a 52-week-low of $12.03. RadNet closed at $23.81 at the end of the last trading period.

According to Deutsche Bank, the prior rating for Flowers Foods Inc FLO was changed from Sell to Hold. In the fourth quarter, Flowers Foods showed an EPS of $0.23, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $30.16 and a 52-week-low of $24.15. At the end of the last trading period, Flowers Foods closed at $27.75.

For Marathon Petroleum Corp MPC, Jefferies upgraded the previous rating of Hold to Buy. Marathon Petroleum earned $6.65 in the fourth quarter, compared to $1.30 in the year-ago quarter. The current stock performance of Marathon Petroleum shows a 52-week-high of $136.46 and a 52-week-low of $73.17. Moreover, at the end of the last trading period, the closing price was at $129.63.

JP Morgan upgraded the previous rating for Procter & Gamble Co PG from Neutral to Overweight. Procter & Gamble earned $1.59 in the second quarter, compared to $1.66 in the year-ago quarter. The current stock performance of Procter & Gamble shows a 52-week-high of $164.90 and a 52-week-low of $122.18. Moreover, at the end of the last trading period, the closing price was at $139.93.

According to Wells Fargo, the prior rating for Pioneer Natural Resources Co PXD was changed from Underweight to Equal-Weight. In the fourth quarter, Pioneer Natural Resources showed an EPS of $5.91, compared to $4.58 from the year-ago quarter. At the moment, the stock has a 52-week-high of $288.46 and a 52-week-low of $190.99. Pioneer Natural Resources closed at $209.80 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Craig-Hallum, the prior rating for CareDx Inc CDNA was changed from Buy to Hold. CareDx earned $0.07 in the fourth quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $41.50 and a 52-week-low of $9.05. At the end of the last trading period, CareDx closed at $10.77.

According to RBC Capital, the prior rating for StepStone Group Inc STEP was changed from Outperform to Sector Perform. For the third quarter, StepStone Group had an EPS of $0.27, compared to year-ago quarter EPS of $0.42. The stock has a 52-week-high of $35.16 and a 52-week-low of $22.39. At the end of the last trading period, StepStone Group closed at $28.92.

Raymond James downgraded the previous rating for CareDx Inc CDNA from Strong Buy to Market Perform. CareDx earned $0.07 in the fourth quarter, compared to $0.03 in the year-ago quarter. At the moment, the stock has a 52-week-high of $41.50 and a 52-week-low of $9.05. CareDx closed at $10.77 at the end of the last trading period.

For Vornado Realty Trust VNO, BMO Capital downgraded the previous rating of Market Perform to Underperform. For the fourth quarter, Vornado Realty had an EPS of $0.72, compared to year-ago quarter EPS of $0.81. The stock has a 52-week-high of $47.26 and a 52-week-low of $19.15. At the end of the last trading period, Vornado Realty closed at $19.60.

BMO Capital downgraded the previous rating for Douglas Emmett Inc DEI from Market Perform to Underperform. For the fourth quarter, Douglas Emmett had an EPS of $0.51, compared to year-ago quarter EPS of $0.48. The current stock performance of Douglas Emmett shows a 52-week-high of $34.70 and a 52-week-low of $13.77. Moreover, at the end of the last trading period, the closing price was at $14.28.

For Domino's Pizza Inc DPZ, Gordon Haskett downgraded the previous rating of Buy to Hold. Domino's Pizza earned $4.43 in the fourth quarter, compared to $4.25 in the year-ago quarter. The stock has a 52-week-high of $430.94 and a 52-week-low of $291.00. At the end of the last trading period, Domino's Pizza closed at $305.32.

For Radius Global Infrastructure Inc RADI, Credit Suisse downgraded the previous rating of Outperform to Neutral. For the third quarter, Radius Global Infr had an EPS of $0.23, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $16.52 and a 52-week-low of $7.97. Radius Global Infr closed at $14.59 at the end of the last trading period.

According to JP Morgan, the prior rating for Itron Inc ITRI was changed from Neutral to Underweight. Itron earned $0.71 in the fourth quarter, compared to $0.75 in the year-ago quarter. The stock has a 52-week-high of $60.61 and a 52-week-low of $39.38. At the end of the last trading period, Itron closed at $56.78.

According to JP Morgan, the prior rating for Hormel Foods Corp HRL was changed from Neutral to Underweight. For the first quarter, Hormel Foods had an EPS of $0.40, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $55.11 and a 52-week-low of $40.72. Hormel Foods closed at $41.83 at the end of the last trading period.

UBS downgraded the previous rating for DLocal Ltd DLO from Buy to Sell. In the third quarter, DLocal showed an EPS of $0.10, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $35.96 and a 52-week-low of $9.03. At the end of the last trading period, DLocal closed at $15.50.

William Blair downgraded the previous rating for BRP Group Inc BRP from Outperform to Market Perform. In the fourth quarter, BRP Group showed an EPS of $0.12, compared to $0.10 from the year-ago quarter. The current stock performance of BRP Group shows a 52-week-high of $33.34 and a 52-week-low of $17.08. Moreover, at the end of the last trading period, the closing price was at $27.86.

Raymond James downgraded the previous rating for Radius Global Infrastructure Inc RADI from Strong Buy to Underperform. Radius Global Infr earned $0.23 in the third quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.52 and a 52-week-low of $7.97. Radius Global Infr closed at $14.59 at the end of the last trading period.

For Altra Industrial Motion Corp AIMC, Loop Capital downgraded the previous rating of Buy to Hold. For the fourth quarter, Altra Industrial Motion had an EPS of $0.73, compared to year-ago quarter EPS of $0.67. The current stock performance of Altra Industrial Motion shows a 52-week-high of $61.73 and a 52-week-low of $32.18. Moreover, at the end of the last trading period, the closing price was at $61.70.

For Tesla Inc TSLA, KGI Securities downgraded the previous rating of Outperform to Neutral. For the fourth quarter, Tesla had an EPS of $1.19, compared to year-ago quarter EPS of $0.85. The current stock performance of Tesla shows a 52-week-high of $384.29 and a 52-week-low of $101.81. Moreover, at the end of the last trading period, the closing price was at $190.90.

For Chesapeake Energy Corp CHK, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Chesapeake Energy earned $4.22 in the fourth quarter, compared to $2.39 in the year-ago quarter. The stock has a 52-week-high of $107.31 and a 52-week-low of $72.50. At the end of the last trading period, Chesapeake Energy closed at $82.08.

See all analyst ratings downgrades.

Initiations

For Enliven Therapeutics Inc ELVN, TD Cowen initiated coverage, by setting the current rating at Outperform. At the moment, the stock has a 52-week-high of $25.34 and a 52-week-low of $19.24. Enliven Therapeutics closed at $23.45 at the end of the last trading period.

Dawson James initiated coverage on Geovax Labs Inc GOVX with a Buy rating. The price target for Geovax Labs is set to $4.00. For the third quarter, Geovax Labs had an EPS of $0.17, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $4.30 and a 52-week-low of $0.53. At the end of the last trading period, Geovax Labs closed at $0.72.

For The Trade Desk Inc TTD, BTIG initiated coverage, by setting the current rating at Neutral. Trade Desk earned $0.38 in the fourth quarter, compared to $0.42 in the year-ago quarter. The current stock performance of Trade Desk shows a 52-week-high of $83.46 and a 52-week-low of $39.00. Moreover, at the end of the last trading period, the closing price was at $56.39.

Compass Point initiated coverage on CompoSecure Inc CMPO with a Buy rating. The price target for CompoSecure is set to $15.00. In the fourth quarter, CompoSecure showed an EPS of $0.20, compared to $1.34 from the year-ago quarter. The stock has a 52-week-high of $8.13 and a 52-week-low of $4.26. At the end of the last trading period, CompoSecure closed at $6.43.

Jefferies initiated coverage on Nogin Inc NOGN with a Hold rating. The price target for Nogin is set to $0.50. The current stock performance of Nogin shows a 52-week-high of $9.99 and a 52-week-low of $0.41. Moreover, at the end of the last trading period, the closing price was at $0.50.

See all analyst ratings initiations.