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

Upgrades

For PulteGroup Inc PHM, Wolfe Research upgraded the previous rating of Peer Perform to Outperform. In the fourth quarter, PulteGroup showed an EPS of $3.63, compared to $2.51 from the year-ago quarter. At the moment, the stock has a 52-week-high of $60.89 and a 52-week-low of $35.05. PulteGroup closed at $55.93 at the end of the last trading period.

According to Truist Securities, the prior rating for BellRing Brands Inc BRBR was changed from Hold to Buy. BellRing Brands earned $0.33 in the first quarter, compared to $0.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.93 and a 52-week-low of $20.20. BellRing Brands closed at $29.99 at the end of the last trading period.

For Accolade Inc ACCD, Guggenheim upgraded the previous rating of Neutral to Buy. Accolade earned $0.56 in the third quarter, compared to $0.52 in the year-ago quarter. The current stock performance of Accolade shows a 52-week-high of $19.37 and a 52-week-low of $4.62. Moreover, at the end of the last trading period, the closing price was at $11.96.

For Inozyme Pharma Inc INZY, Jefferies upgraded the previous rating of Hold to Buy. For the fourth quarter, Inozyme Pharma had an EPS of $0.42, compared to year-ago quarter EPS of $0.79. The stock has a 52-week-high of $6.22 and a 52-week-low of $0.99. At the end of the last trading period, Inozyme Pharma closed at $2.97.

Barclays upgraded the previous rating for Americold Realty Trust Inc COLD from Underweight to Equal-Weight. In the fourth quarter, Americold Realty Trust showed an EPS of $0.26, compared to $0.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.99 and a 52-week-low of $21.50. Americold Realty Trust closed at $26.76 at the end of the last trading period.

Barclays upgraded the previous rating for Regency Centers Corp REG from Equal-Weight to Overweight. In the fourth quarter, Regency Centers showed an EPS of $1.05, compared to $1.01 from the year-ago quarter. The current stock performance of Regency Centers shows a 52-week-high of $73.39 and a 52-week-low of $52.00. Moreover, at the end of the last trading period, the closing price was at $56.31.

National Bank Of Canada upgraded the previous rating for Boyd Gaming Corp BYD from Sector Perform to Outperform. In the fourth quarter, Boyd Gaming showed an EPS of $1.72, compared to $1.35 from the year-ago quarter. The stock has a 52-week-high of $70.31 and a 52-week-low of $46.10. At the end of the last trading period, Boyd Gaming closed at $60.31.

For Pioneer Natural Resources Co PXD, Citigroup upgraded the previous rating of Neutral to Buy. For the fourth quarter, Pioneer Natural Resources had an EPS of $5.91, compared to year-ago quarter EPS of $4.58. The current stock performance of Pioneer Natural Resources shows a 52-week-high of $288.44 and a 52-week-low of $177.26. Moreover, at the end of the last trading period, the closing price was at $189.81.

Citigroup upgraded the previous rating for Marathon Oil Corp MRO from Neutral to Buy. Marathon Oil earned $0.88 in the fourth quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $33.42 and a 52-week-low of $19.42. At the end of the last trading period, Marathon Oil closed at $22.28.

For ORIC Pharmaceuticals Inc ORIC, HC Wainwright & Co. upgraded the previous rating of Neutral to Buy. In the fourth quarter, ORIC Pharmaceuticals showed an EPS of $0.52, compared to $0.58 from the year-ago quarter. The stock has a 52-week-high of $7.45 and a 52-week-low of $2.37. At the end of the last trading period, ORIC Pharmaceuticals closed at $4.62.

See all analyst ratings upgrades.

Downgrades

For Boyd Gaming Corp BYD, Scotiabank downgraded the previous rating of Sector Outperform to Sector Perform. In the fourth quarter, Boyd Gaming showed an EPS of $1.72, compared to $1.35 from the year-ago quarter. At the moment, the stock has a 52-week-high of $70.31 and a 52-week-low of $46.10. Boyd Gaming closed at $60.31 at the end of the last trading period.

Barclays downgraded the previous rating for Boston Properties Inc BXP from Overweight to Equal-Weight. In the fourth quarter, Boston Props showed an EPS of $1.86, compared to $1.55 from the year-ago quarter. The current stock performance of Boston Props shows a 52-week-high of $133.06 and a 52-week-low of $49.91. Moreover, at the end of the last trading period, the closing price was at $49.95.

TD Cowen downgraded the previous rating for American Well Corp AMWL from Outperform to Market Perform. In the fourth quarter, American Well showed an EPS of $0.22, compared to $0.18 from the year-ago quarter. The current stock performance of American Well shows a 52-week-high of $5.42 and a 52-week-low of $2.27. Moreover, at the end of the last trading period, the closing price was at $2.33.

According to Deutsche Bank, the prior rating for Chewy Inc CHWY was changed from Buy to Hold. For the fourth quarter, Chewy had an EPS of $0.01, compared to year-ago quarter EPS of $0.16. The current stock performance of Chewy shows a 52-week-high of $52.88 and a 52-week-low of $22.23. Moreover, at the end of the last trading period, the closing price was at $37.76.

For Samsara Inc IOT, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Samsara earned $0.02 in the fourth quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $21.49 and a 52-week-low of $8.43. At the end of the last trading period, Samsara closed at $18.26.

Oppenheimer downgraded the previous rating for Coinbase Global Inc COIN from Outperform to Perform. In the fourth quarter, Coinbase Glb showed an EPS of $2.46, compared to $3.32 from the year-ago quarter. The stock has a 52-week-high of $206.78 and a 52-week-low of $31.55. At the end of the last trading period, Coinbase Glb closed at $77.14.

According to Citigroup, the prior rating for Ovintiv Inc OVV was changed from Buy to Neutral. Ovintiv earned $0.91 in the fourth quarter, compared to $1.25 in the year-ago quarter. The stock has a 52-week-high of $63.29 and a 52-week-low of $32.26. At the end of the last trading period, Ovintiv closed at $34.43.

Wolfe Research downgraded the previous rating for M&T Bank Corp MTB from Outperform to Peer Perform. For the fourth quarter, M&T Bank had an EPS of $4.57, compared to year-ago quarter EPS of $3.50. At the moment, the stock has a 52-week-high of $193.35 and a 52-week-low of $117.58. M&T Bank closed at $117.66 at the end of the last trading period.

For Context Therapeutics Inc CNTX, HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. Context Therapeutics earned $0.22 in the fourth quarter, compared to $0.30 in the year-ago quarter. The stock has a 52-week-high of $2.78 and a 52-week-low of $0.60. At the end of the last trading period, Context Therapeutics closed at $0.66.

For Ncino Inc NCNO, Keybanc downgraded the previous rating of Overweight to Sector Weight. Ncino earned $0.01 in the third quarter, compared to $0.04 in the year-ago quarter. The current stock performance of Ncino shows a 52-week-high of $47.82 and a 52-week-low of $19.58. Moreover, at the end of the last trading period, the closing price was at $22.35.

See all analyst ratings downgrades.

Initiations

For Intuitive Surgical Inc ISRG, William Blair initiated coverage, by setting the current rating at Outperform. For the fourth quarter, Intuitive Surgical had an EPS of $1.23, compared to year-ago quarter EPS of $1.30. The current stock performance of Intuitive Surgical shows a 52-week-high of $308.21 and a 52-week-low of $180.34. Moreover, at the end of the last trading period, the closing price was at $240.81.

Berenberg initiated coverage on IDEAYA Biosciences Inc IDYA with a Buy rating. The price target for IDEAYA Biosciences is set to $26.00. For the fourth quarter, IDEAYA Biosciences had an EPS of $0.50, compared to year-ago quarter EPS of $0.47. At the moment, the stock has a 52-week-high of $19.13 and a 52-week-low of $8.14. IDEAYA Biosciences closed at $13.86 at the end of the last trading period.

With an Outperform rating, BMO Capital initiated coverage on Boyd Gaming Corp BYD. The price target seems to have been set at $240.00 for Boyd Gaming. In the fourth quarter, Boyd Gaming showed an EPS of $1.72, compared to $1.35 from the year-ago quarter. The stock has a 52-week-high of $70.31 and a 52-week-low of $46.10. At the end of the last trading period, Boyd Gaming closed at $60.31.

With an Outperform rating, BMO Capital initiated coverage on Disc Medicine Inc IRON. The price target seems to have been set at $40.00 for Disc Medicine. The stock has a 52-week-high of $211.50 and a 52-week-low of $13.50. At the end of the last trading period, Disc Medicine closed at $21.63.

With a Buy rating, Stifel initiated coverage on Dynatrace Inc DT. The price target seems to have been set at $45.00 for Dynatrace. In the third quarter, Dynatrace showed an EPS of $0.25, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $49.49 and a 52-week-low of $29.41. At the end of the last trading period, Dynatrace closed at $38.16.

With a Buy rating, BTIG initiated coverage on HashiCorp Inc HCP. The price target seems to have been set at $37.00 for HashiCorp. In the fourth quarter, HashiCorp showed an EPS of $0.07, compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $60.03 and a 52-week-low of $21.59. At the end of the last trading period, HashiCorp closed at $28.15.

Raymond James initiated coverage on Select Energy Services Inc WTTR with a Strong Buy rating. The price target for Select Energy Services is set to $12.00. Select Energy Services earned $0.07 in the fourth quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $9.83 and a 52-week-low of $5.51. At the end of the last trading period, Select Energy Services closed at $6.00.

See all analyst ratings initiations.