Benzinga's Top Ratings Upgrades, Downgrades For April 4, 2023

Upgrades

Raymond James upgraded the previous rating for Extra Space Storage Inc EXR from Outperform to Strong Buy. Extra Space Storage earned $2.09 in the fourth quarter, compared to $1.91 in the year-ago quarter. The stock has a 52-week-high of $222.15 and a 52-week-low of $139.97. At the end of the last trading period, Extra Space Storage closed at $154.51.

According to Raymond James, the prior rating for AeroVironment Inc AVAV was changed from Outperform to Strong Buy. For the third quarter, AeroVironment had an EPS of $0.33, compared to year-ago quarter EPS of $0.32. The current stock performance of AeroVironment shows a 52-week-high of $114.07 and a 52-week-low of $70.08. Moreover, at the end of the last trading period, the closing price was at $91.95.

Loop Capital upgraded the previous rating for Burlington Stores Inc BURL from Hold to Buy. In the fourth quarter, Burlington Stores showed an EPS of $2.96, compared to $2.53 from the year-ago quarter. The stock has a 52-week-high of $239.94 and a 52-week-low of $106.81. At the end of the last trading period, Burlington Stores closed at $205.93.

Morgan Stanley upgraded the previous rating for CSX Corp CSX from Underweight to Equal-Weight. For the fourth quarter, CSX had an EPS of $0.49, compared to year-ago quarter EPS of $0.42. The stock has a 52-week-high of $38.15 and a 52-week-low of $25.81. At the end of the last trading period, CSX closed at $29.85.

Morgan Stanley upgraded the previous rating for Norfolk Southern Corp NSC from Underweight to Equal-Weight. Norfolk Southern earned $3.42 in the fourth quarter, compared to $3.12 in the year-ago quarter. The stock has a 52-week-high of $285.48 and a 52-week-low of $196.33. At the end of the last trading period, Norfolk Southern closed at $208.78.

For Health Catalyst Inc HCAT, Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. In the fourth quarter, Health Catalyst showed an EPS of $0.05, compared to $0.19 from the year-ago quarter. The current stock performance of Health Catalyst shows a 52-week-high of $27.98 and a 52-week-low of $6.41. Moreover, at the end of the last trading period, the closing price was at $11.87.

For Etsy Inc ETSY, Piper Sandler upgraded the previous rating of Neutral to Overweight. In the fourth quarter, Etsy showed an EPS of $0.77, compared to $1.11 from the year-ago quarter. The stock has a 52-week-high of $149.91 and a 52-week-low of $67.06. At the end of the last trading period, Etsy closed at $108.25.

For ONEOK Inc OKE, Citigroup upgraded the previous rating of Neutral to Buy. ONEOK earned $1.08 in the fourth quarter, compared to $0.85 in the year-ago quarter. At the moment, the stock has a 52-week-high of $75.06 and a 52-week-low of $50.51. ONEOK closed at $65.06 at the end of the last trading period.

For ServiceNow Inc NOW, Baird upgraded the previous rating of Neutral to Outperform. In the fourth quarter, ServiceNow showed an EPS of $2.28, compared to $1.46 from the year-ago quarter. The current stock performance of ServiceNow shows a 52-week-high of $575.64 and a 52-week-low of $337.05. Moreover, at the end of the last trading period, the closing price was at $464.49.

JP Morgan upgraded the previous rating for Prudential Financial Inc PRU from Neutral to Overweight. In the fourth quarter, Prudential Financial showed an EPS of $2.42, compared to $3.18 from the year-ago quarter. The stock has a 52-week-high of $122.54 and a 52-week-low of $75.37. At the end of the last trading period, Prudential Financial closed at $82.43.

According to Goldman Sachs, the prior rating for Corebridge Financial Inc CRBG was changed from Neutral to Buy. Corebridge Financial earned $0.88 in the fourth quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $23.49 and a 52-week-low of $14.01. At the end of the last trading period, Corebridge Financial closed at $15.56.

Exane BNP Paribas upgraded the previous rating for Chevron Corp CVX from Underperform to Neutral. Chevron earned $4.09 in the fourth quarter, compared to $2.56 in the year-ago quarter. At the moment, the stock has a 52-week-high of $189.66 and a 52-week-low of $132.54. Chevron closed at $169.95 at the end of the last trading period.

Morgan Stanley upgraded the previous rating for Evotec SE EVO from Underweight to Equal-Weight. The current stock performance of Evotec shows a 52-week-high of $15.59 and a 52-week-low of $7.80. Moreover, at the end of the last trading period, the closing price was at $10.71.

For WideOpenWest Inc WOW, Keybanc upgraded the previous rating of Sector Weight to Overweight. In the fourth quarter, WideOpenWest showed an EPS of $0.15, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.89 and a 52-week-low of $8.57. WideOpenWest closed at $10.34 at the end of the last trading period.

According to Keybanc, the prior rating for Comcast Corp CMCSA was changed from Sector Weight to Overweight. Comcast earned $0.82 in the fourth quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $48.42 and a 52-week-low of $28.39. At the end of the last trading period, Comcast closed at $38.01.

See all analyst ratings upgrades.

Downgrades

For Oncternal Therapeutics Inc ONCT, Maxim Group downgraded the previous rating of Buy to Hold. For the fourth quarter, Oncternal Therapeutics had an EPS of $0.20, compared to year-ago quarter EPS of $0.16. The current stock performance of Oncternal Therapeutics shows a 52-week-high of $1.85 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $0.79.

According to Brookline Capital, the prior rating for Oncternal Therapeutics Inc ONCT was changed from Buy to Hold. For the fourth quarter, Oncternal Therapeutics had an EPS of $0.20, compared to year-ago quarter EPS of $0.16. The current stock performance of Oncternal Therapeutics shows a 52-week-high of $1.85 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $0.79.

According to SVB Leerink, the prior rating for Pardes Biosciences Inc PRDS was changed from Outperform to Market Perform. Pardes Biosciences earned $0.41 in the fourth quarter, compared to $0.56 in the year-ago quarter. The current stock performance of Pardes Biosciences shows a 52-week-high of $8.75 and a 52-week-low of $0.80. Moreover, at the end of the last trading period, the closing price was at $1.43.

Roth MKM downgraded the previous rating for Battalion Oil Corp BATL from Buy to Neutral. In the fourth quarter, Battalion Oil showed an EPS of $0.16, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.99 and a 52-week-low of $6.11. Battalion Oil closed at $7.70 at the end of the last trading period.

Maxim Group downgraded the previous rating for Recruiter.Com Group Inc RCRT from Buy to Hold. For the fourth quarter, Recruiter.Com Group had an EPS of $0.48, compared to year-ago quarter EPS of $0.33. The current stock performance of Recruiter.Com Group shows a 52-week-high of $2.75 and a 52-week-low of $0.20. Moreover, at the end of the last trading period, the closing price was at $0.25.

According to Northcoast Research, the prior rating for Boeing Co BA was changed from Neutral to Sell. For the fourth quarter, Boeing had an EPS of $1.75, compared to year-ago quarter EPS of $7.69. The stock has a 52-week-high of $221.33 and a 52-week-low of $113.03. At the end of the last trading period, Boeing closed at $215.39.

Benchmark downgraded the previous rating for World Wrestling Entertainment Inc WWE from Buy to Hold. In the fourth quarter, World Wrestling Enter showed an EPS of $0.52, compared to $0.70 from the year-ago quarter. The current stock performance of World Wrestling Enter shows a 52-week-high of $93.63 and a 52-week-low of $55.13. Moreover, at the end of the last trading period, the closing price was at $89.30.

For Certara Inc CERT, Barclays downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Certara had an EPS of $0.16, compared to year-ago quarter EPS of $0.01. The current stock performance of Certara shows a 52-week-high of $24.83 and a 52-week-low of $10.61. Moreover, at the end of the last trading period, the closing price was at $23.57.

According to Barclays, the prior rating for Catalent Inc CTLT was changed from Overweight to Equal-Weight. For the second quarter, Catalent had an EPS of $0.67, compared to year-ago quarter EPS of $0.90. The current stock performance of Catalent shows a 52-week-high of $115.30 and a 52-week-low of $40.70. Moreover, at the end of the last trading period, the closing price was at $62.92.

According to Raymond James, the prior rating for CubeSmart CUBE was changed from Strong Buy to Outperform. In the fourth quarter, CubeSmart showed an EPS of $0.67, compared to $0.58 from the year-ago quarter. The stock has a 52-week-high of $54.94 and a 52-week-low of $36.85. At the end of the last trading period, CubeSmart closed at $47.47.

B of A Securities downgraded the previous rating for Stem Inc STEM from Neutral to Underperform. Stem earned $0.23 in the fourth quarter, compared to $0.23 in the year-ago quarter. The current stock performance of Stem shows a 52-week-high of $18.01 and a 52-week-low of $4.67. Moreover, at the end of the last trading period, the closing price was at $5.91.

Mizuho downgraded the previous rating for Idacorp Inc IDA from Buy to Neutral. For the fourth quarter, Idacorp had an EPS of $0.83, compared to year-ago quarter EPS of $0.65. The current stock performance of Idacorp shows a 52-week-high of $118.92 and a 52-week-low of $93.53. Moreover, at the end of the last trading period, the closing price was at $108.03.

HC Wainwright & Co. downgraded the previous rating for Oncternal Therapeutics Inc ONCT from Buy to Neutral. Oncternal Therapeutics earned $0.20 in the fourth quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Oncternal Therapeutics shows a 52-week-high of $1.85 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $0.79.

Morgan Stanley downgraded the previous rating for Ascendis Pharma A/S ASND from Overweight to Equal-Weight. For the fourth quarter, Ascendis Pharma had an EPS of $3.78, compared to year-ago quarter EPS of $2.14. At the moment, the stock has a 52-week-high of $134.48 and a 52-week-low of $61.95. Ascendis Pharma closed at $72.83 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for Ncino Inc NCNO from Overweight to Equal-Weight. For the fourth quarter, Ncino had an EPS of $0.04, compared to year-ago quarter EPS of $0.09. 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 $24.44.

According to Oppenheimer, the prior rating for Oncternal Therapeutics Inc ONCT was changed from Outperform to Perform. For the fourth quarter, Oncternal Therapeutics had an EPS of $0.20, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $1.85 and a 52-week-low of $0.60. At the end of the last trading period, Oncternal Therapeutics closed at $0.79.

Keybanc downgraded the previous rating for Charter Communications Inc CHTR from Overweight to Sector Weight. Charter Communications earned $7.69 in the fourth quarter, compared to $8.93 in the year-ago quarter. The current stock performance of Charter Communications shows a 52-week-high of $574.65 and a 52-week-low of $297.83. Moreover, at the end of the last trading period, the closing price was at $356.21.

See all analyst ratings downgrades.

Initiations

With an Outperform rating, CJS Securities initiated coverage on Leonardo DRS Inc DRS. The price target seems to have been set at $17.00 for Leonardo DRS. The stock has a 52-week-high of $13.85 and a 52-week-low of $9.11. At the end of the last trading period, Leonardo DRS closed at $12.87.

With an Overweight rating, Capital One initiated coverage on Atlas Energy Solutions Inc AESI. The price target seems to have been set at $25.00 for Atlas Energy Solutions. The stock has a 52-week-high of $17.92 and a 52-week-low of $15.06. At the end of the last trading period, Atlas Energy Solutions closed at $17.84.

With a Buy rating, Craig-Hallum initiated coverage on Southland Holdings Inc SLND. The price target seems to have been set at $14.00 for Southland Holdings. The current stock performance of Southland Holdings shows a 52-week-high of $10.85 and a 52-week-low of $7.00. Moreover, at the end of the last trading period, the closing price was at $8.70.

William Blair initiated coverage on Paycor HCM Inc PYCR with a Market Perform rating. In the second quarter, Paycor HCM showed an EPS of $0.08, compared to $0.05 from the year-ago quarter. The current stock performance of Paycor HCM shows a 52-week-high of $34.75 and a 52-week-low of $20.14. Moreover, at the end of the last trading period, the closing price was at $26.01.

For RXO Inc RXO, Benchmark initiated coverage, by setting the current rating at Hold. RXO earned $0.28 in the fourth quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of $22.11 and a 52-week-low of $14.75. At the end of the last trading period, RXO closed at $19.67.

Stephens & Co. initiated coverage on Ameris Bancorp ABCB with a Equal-Weight rating. The price target for Ameris is set to $41.00. In the fourth quarter, Ameris showed an EPS of $1.17, compared to $1.17 from the year-ago quarter. The stock has a 52-week-high of $54.17 and a 52-week-low of $34.28. At the end of the last trading period, Ameris closed at $35.99.

With an Overweight rating, Cantor Fitzgerald initiated coverage on CSG Systems International Inc CSGS. The price target seems to have been set at $65.00 for CSG Systems Intl. For the fourth quarter, CSG Systems Intl had an EPS of $0.84, compared to year-ago quarter EPS of $0.83. The current stock performance of CSG Systems Intl shows a 52-week-high of $65.95 and a 52-week-low of $49.02. Moreover, at the end of the last trading period, the closing price was at $53.84.

DA Davidson initiated coverage on Crane NXT Co CXT with a Buy rating. The price target for Crane NXT is set to $70.00.

With a Buy rating, Citigroup initiated coverage on Atlas Energy Solutions Inc AESI. The price target seems to have been set at $23.00 for Atlas Energy Solutions. The stock has a 52-week-high of $17.92 and a 52-week-low of $15.06. At the end of the last trading period, Atlas Energy Solutions closed at $17.84.

Citigroup initiated coverage on Sarepta Therapeutics Inc SRPT with a Buy rating. The price target for Sarepta Therapeutics is set to $179.00. For the fourth quarter, Sarepta Therapeutics had an EPS of $0.53, compared to year-ago quarter EPS of $0.77. At the moment, the stock has a 52-week-high of $159.84 and a 52-week-low of $61.30. Sarepta Therapeutics closed at $137.55 at the end of the last trading period.

With an Overweight rating, Piper Sandler initiated coverage on Corcept Therapeutics Inc CORT. The price target seems to have been set at $27.00 for Corcept Therapeutics. In the fourth quarter, Corcept Therapeutics showed an EPS of $0.14, compared to $0.35 from the year-ago quarter. The current stock performance of Corcept Therapeutics shows a 52-week-high of $30.13 and a 52-week-low of $17.19. Moreover, at the end of the last trading period, the closing price was at $22.51.

Stephens & Co. initiated coverage on United Bankshares Inc UBSI with a Equal-Weight rating. The price target for United Bankshares is set to $32.00. United Bankshares earned $0.74 in the fourth quarter, compared to $0.56 in the year-ago quarter. The current stock performance of United Bankshares shows a 52-week-high of $44.15 and a 52-week-low of $33.11. Moreover, at the end of the last trading period, the closing price was at $34.90.

With a Equal-Weight rating, Stephens & Co. initiated coverage on City Holding Co CHCO. The price target seems to have been set at $89.00 for City Holding. For the fourth quarter, City Holding had an EPS of $2.05, compared to year-ago quarter EPS of $1.54. The current stock performance of City Holding shows a 52-week-high of $102.94 and a 52-week-low of $73.50. Moreover, at the end of the last trading period, the closing price was at $89.98.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Wesbanco Inc WSBC. The price target seems to have been set at $28.00 for Wesbanco. For the fourth quarter, Wesbanco had an EPS of $0.84, compared to year-ago quarter EPS of $0.82. At the moment, the stock has a 52-week-high of $41.37 and a 52-week-low of $29.61. Wesbanco closed at $30.71 at the end of the last trading period.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Sandy Spring Bancorp Inc SASR. The price target seems to have been set at $28.00 for Sandy Spring Bancorp. In the fourth quarter, Sandy Spring Bancorp showed an EPS of $0.79, compared to $1.05 from the year-ago quarter. The stock has a 52-week-high of $45.42 and a 52-week-low of $25.34. At the end of the last trading period, Sandy Spring Bancorp closed at $25.53.

With an Overweight rating, Stephens & Co. initiated coverage on Primis Financial Corp FRST. The price target seems to have been set at $13.00 for Primis Finl. For the fourth quarter, Primis Finl had an EPS of $0.12, compared to year-ago quarter EPS of $0.31. The current stock performance of Primis Finl shows a 52-week-high of $14.39 and a 52-week-low of $9.35. Moreover, at the end of the last trading period, the closing price was at $9.55.

Stephens & Co. initiated coverage on WSFS Financial Corp WSFS with an Overweight rating. The price target for WSFS Financial is set to $47.00. WSFS Financial earned $1.38 in the fourth quarter, compared to $1.04 in the year-ago quarter. The current stock performance of WSFS Financial shows a 52-week-high of $51.77 and a 52-week-low of $34.83. Moreover, at the end of the last trading period, the closing price was at $37.40.

Stephens & Co. initiated coverage on F N B Corp FNB with an Overweight rating. The price target for F N B is set to $15.00. In the fourth quarter, F N B showed an EPS of $0.44, compared to $0.30 from the year-ago quarter. The current stock performance of F N B shows a 52-week-high of $14.71 and a 52-week-low of $10.48. Moreover, at the end of the last trading period, the closing price was at $11.41.

With an Overweight rating, Stephens & Co. initiated coverage on United Community Banks Inc UCBI. The price target seems to have been set at $34.00 for United Community Banks. United Community Banks earned $0.75 in the fourth quarter, compared to $0.64 in the year-ago quarter. The current stock performance of United Community Banks shows a 52-week-high of $39.48 and a 52-week-low of $25.13. Moreover, at the end of the last trading period, the closing price was at $27.89.

Raymond James initiated coverage on Franklin BSP Realty Trust Inc FBRT with an Outperform rating. The price target for Franklin BSP Realty Trust is set to $13.50. For the fourth quarter, Franklin BSP Realty Trust had an EPS of $0.37, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $16.17 and a 52-week-low of $10.36. At the end of the last trading period, Franklin BSP Realty Trust closed at $11.96.

With a Buy rating, Stifel initiated coverage on Fastenal Co FAST. The price target seems to have been set at $61.00 for Fastenal. Fastenal earned $0.43 in the fourth quarter, compared to $0.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $60.72 and a 52-week-low of $43.74. Fastenal closed at $53.83 at the end of the last trading period.

See all analyst ratings initiations.