Benzinga's Top Ratings Upgrades, Downgrades For April 12, 2023

Upgrades

Wolfe Research upgraded the previous rating for Raytheon Technologies Corp RTX from Peer Perform to Outperform. In the fourth quarter, Raytheon Technologies showed an EPS of $1.27, compared to $1.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $108.84 and a 52-week-low of $80.28. Raytheon Technologies closed at $99.72 at the end of the last trading period.

For Allied Motion Technologies Inc AMOT, Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. In the fourth quarter, Allied Motion showed an EPS of $0.43, compared to $0.20 from the year-ago quarter. The current stock performance of Allied Motion shows a 52-week-high of $44.88 and a 52-week-low of $21.17. Moreover, at the end of the last trading period, the closing price was at $35.75.

According to JP Morgan, the prior rating for LG Display Co Ltd LPL was changed from Neutral to Overweight. For the fourth quarter, LG Display Co had an EPS of $1.92, compared to year-ago quarter EPS of $0.21. The current stock performance of LG Display Co shows a 52-week-high of $7.83 and a 52-week-low of $4.09. Moreover, at the end of the last trading period, the closing price was at $5.89.

According to OTR Global, the prior rating for Check Point Software Technologies Ltd CHKP was changed from Mixed to Positive. For the fourth quarter, Check Point Software had an EPS of $2.45, compared to year-ago quarter EPS of $2.25. The current stock performance of Check Point Software shows a 52-week-high of $145.12 and a 52-week-low of $107.54. Moreover, at the end of the last trading period, the closing price was at $130.80.

According to Credit Suisse, the prior rating for TravelCenters Of America Inc TA was changed from Neutral to Outperform. In the fourth quarter, TravelCenters Of America showed an EPS of $2.99, compared to $0.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $87.17 and a 52-week-low of $31.20. TravelCenters Of America closed at $86.55 at the end of the last trading period.

SVB Securities upgraded the previous rating for Arrowhead Pharmaceuticals Inc ARWR from Market Perform to Outperform. For the first quarter, Arrowhead Pharma had an EPS of $0.39, compared to year-ago quarter EPS of $0.60. The current stock performance of Arrowhead Pharma shows a 52-week-high of $49.49 and a 52-week-low of $23.09. Moreover, at the end of the last trading period, the closing price was at $26.23.

According to Goldman Sachs, the prior rating for Global Payments Inc GPN was changed from Neutral to Buy. For the fourth quarter, Global Payments had an EPS of $2.42, compared to year-ago quarter EPS of $2.13. At the moment, the stock has a 52-week-high of $146.69 and a 52-week-low of $92.28. Global Payments closed at $105.86 at the end of the last trading period.

Scotiabank upgraded the previous rating for Realty Income Corp O from Sector Perform to Sector Outperform. For the fourth quarter, Realty Income had an EPS of $1.00, compared to year-ago quarter EPS of $0.94. The current stock performance of Realty Income shows a 52-week-high of $75.39 and a 52-week-low of $55.51. Moreover, at the end of the last trading period, the closing price was at $62.10.

According to Scotiabank, the prior rating for Essex Property Trust Inc ESS was changed from Sector Underperform to Sector Outperform. For the fourth quarter, Essex Property Trust had an EPS of $3.77, compared to year-ago quarter EPS of $3.25. The stock has a 52-week-high of $363.00 and a 52-week-low of $195.03. At the end of the last trading period, Essex Property Trust closed at $211.41.

According to JMP Securities, the prior rating for Shopify Inc SHOP was changed from Market Perform to Market Outperform. In the fourth quarter, Shopify showed an EPS of $0.07, compared to $0.14 from the year-ago quarter. The stock has a 52-week-high of $64.10 and a 52-week-low of $23.64. At the end of the last trading period, Shopify closed at $44.78.

Morgan Stanley upgraded the previous rating for Lazard Ltd LAZ from Underweight to Equal-Weight. For the fourth quarter, Lazard had an EPS of $0.69, compared to year-ago quarter EPS of $1.92. The current stock performance of Lazard shows a 52-week-high of $43.44 and a 52-week-low of $30.21. Moreover, at the end of the last trading period, the closing price was at $32.04.

According to Morgan Stanley, the prior rating for MongoDB Inc MDB was changed from Equal-Weight to Overweight. MongoDB earned $0.57 in the fourth quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of $438.50 and a 52-week-low of $135.17. At the end of the last trading period, MongoDB closed at $211.52.

According to Morgan Stanley, the prior rating for Confluent Inc CFLT was changed from Equal-Weight to Overweight. Confluent earned $0.09 in the fourth quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $41.74 and a 52-week-low of $16.50. At the end of the last trading period, Confluent closed at $23.37.

For Evercore Inc EVR, Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. Evercore earned $3.50 in the fourth quarter, compared to $7.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $137.42 and a 52-week-low of $78.68. Evercore closed at $116.53 at the end of the last trading period.

According to UBS, the prior rating for Evercore Inc EVR was changed from Sell to Buy. In the fourth quarter, Evercore showed an EPS of $3.50, compared to $7.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $137.42 and a 52-week-low of $78.68. Evercore closed at $116.53 at the end of the last trading period.

For The Goldman Sachs Group Inc GS, UBS upgraded the previous rating of Neutral to Buy. Goldman Sachs Gr earned $3.32 in the fourth quarter, compared to $10.81 in the year-ago quarter. The stock has a 52-week-high of $389.43 and a 52-week-low of $277.91. At the end of the last trading period, Goldman Sachs Gr closed at $327.37.

For Methanex Corp MEOH, Piper Sandler upgraded the previous rating of Underweight to Neutral. Methanex earned $0.73 in the fourth quarter, compared to $2.43 in the year-ago quarter. The stock has a 52-week-high of $56.79 and a 52-week-low of $28.73. At the end of the last trading period, Methanex closed at $44.97.

According to Piper Sandler, the prior rating for Westlake Corp WLK was changed from Neutral to Overweight. For the fourth quarter, Westlake had an EPS of $1.79, compared to year-ago quarter EPS of $4.98. The stock has a 52-week-high of $140.99 and a 52-week-low of $81.39. At the end of the last trading period, Westlake closed at $115.88.

Piper Sandler upgraded the previous rating for LyondellBasell Industries NV LYB from Neutral to Overweight. For the fourth quarter, LyondellBasell Industries had an EPS of $1.29, compared to year-ago quarter EPS of $3.63. The current stock performance of LyondellBasell Industries shows a 52-week-high of $117.16 and a 52-week-low of $71.50. Moreover, at the end of the last trading period, the closing price was at $95.46.

For Dow Inc DOW, Piper Sandler upgraded the previous rating of Neutral to Overweight. For the fourth quarter, Dow had an EPS of $0.46, compared to year-ago quarter EPS of $2.15. The stock has a 52-week-high of $71.85 and a 52-week-low of $42.92. At the end of the last trading period, Dow closed at $56.19.

For Celanese Corp CE, Piper Sandler upgraded the previous rating of Underweight to Neutral. In the fourth quarter, Celanese showed an EPS of $1.44, compared to $4.91 from the year-ago quarter. At the moment, the stock has a 52-week-high of $161.36 and a 52-week-low of $86.73. Celanese closed at $108.88 at the end of the last trading period.

Piper Sandler upgraded the previous rating for Eastman Chemical Co EMN from Neutral to Overweight. In the fourth quarter, Eastman Chemical showed an EPS of $0.89, compared to $1.81 from the year-ago quarter. The stock has a 52-week-high of $113.26 and a 52-week-low of $69.91. At the end of the last trading period, Eastman Chemical closed at $82.41.

For Becton, Dickinson and Co BDX, Keybanc upgraded the previous rating of Sector Weight to Overweight. Becton, Dickinson earned $2.98 in the first quarter, compared to $3.64 in the year-ago quarter. The current stock performance of Becton, Dickinson shows a 52-week-high of $275.86 and a 52-week-low of $217.00. Moreover, at the end of the last trading period, the closing price was at $252.98.

See all analyst ratings upgrades.

Downgrades

For Mid-America Apartment Communities Inc MAA, Scotiabank downgraded the previous rating of Sector Perform to Sector Underperform. For the fourth quarter, Mid-America Apartment had an EPS of $2.32, compared to year-ago quarter EPS of $1.90. The current stock performance of Mid-America Apartment shows a 52-week-high of $215.26 and a 52-week-low of $138.68. Moreover, at the end of the last trading period, the closing price was at $150.24.

For Vitesse Energy Inc VTS, Northland Capital Markets downgraded the previous rating of Outperform to Market Perform. NoneThe stock has a 52-week-high of $20.99 and a 52-week-low of $13.90. At the end of the last trading period, Vitesse Energy closed at $20.65.

For Aeglea BioTherapeutics Inc AGLE, JonesTrading downgraded the previous rating of Buy to Hold. In the fourth quarter, Aeglea BioTherapeutics showed an EPS of $0.18, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3.16 and a 52-week-low of $0.26. Aeglea BioTherapeutics closed at $0.26 at the end of the last trading period.

Argus Research downgraded the previous rating for Abercrombie & Fitch Co ANF from Buy to Hold. In the fourth quarter, Abercrombie & Fitch showed an EPS of $0.81, compared to $1.14 from the year-ago quarter. The current stock performance of Abercrombie & Fitch shows a 52-week-high of $38.37 and a 52-week-low of $14.06. Moreover, at the end of the last trading period, the closing price was at $27.43.

According to DA Davidson, the prior rating for ADS-TEC Energy PLC ADSE was changed from Buy to Neutral. NoneThe current stock performance of ADS-TEC Energy shows a 52-week-high of $8.71 and a 52-week-low of $2.34. Moreover, at the end of the last trading period, the closing price was at $2.58.

According to Exane BNP Paribas, the prior rating for Take-Two Interactive Software Inc TTWO was changed from Outperform to Neutral. In the third quarter, Take-Two Interactive showed an EPS of $0.86, compared to $1.32 from the year-ago quarter. The current stock performance of Take-Two Interactive shows a 52-week-high of $143.62 and a 52-week-low of $90.00. Moreover, at the end of the last trading period, the closing price was at $120.39.

For Adtran Inc ADTN, Northland Capital Markets downgraded the previous rating of Outperform to Market Perform. For the fourth quarter, Adtran had an EPS of $0.12, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $25.46 and a 52-week-low of $10.62. Adtran closed at $11.51 at the end of the last trading period.

For Lockheed Martin Corp LMT, Baird downgraded the previous rating of Outperform to Neutral. Lockheed Martin earned $7.79 in the fourth quarter, compared to $7.47 in the year-ago quarter. The stock has a 52-week-high of $498.75 and a 52-week-low of $374.00. At the end of the last trading period, Lockheed Martin closed at $487.84.

For AudioCodes Ltd AUDC, B of A Securities downgraded the previous rating of Neutral to Underperform. For the fourth quarter, AudioCodes had an EPS of $0.36, compared to year-ago quarter EPS of $0.39. The current stock performance of AudioCodes shows a 52-week-high of $25.37 and a 52-week-low of $11.02. Moreover, at the end of the last trading period, the closing price was at $11.86.

For Empire State Realty Trust Inc ESRT, Evercore ISI Group downgraded the previous rating of Outperform to In-Line. In the fourth quarter, Empire State Realty Trust showed an EPS of $0.22, compared to $0.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.18 and a 52-week-low of $5.39. Empire State Realty Trust closed at $6.31 at the end of the last trading period.

For Imperial Oil Ltd IMO, RBC Capital downgraded the previous rating of Outperform to Sector Perform. In the fourth quarter, Imperial Oil showed an EPS of $2.13, compared to $0.94 from the year-ago quarter. At the moment, the stock has a 52-week-high of $58.85 and a 52-week-low of $40.00. Imperial Oil closed at $54.74 at the end of the last trading period.

For Montrose Environmental Group Inc MEG, RBC Capital downgraded the previous rating of Outperform to Sector Perform. Montrose Environmental Gr earned $0.07 in the fourth quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $55.00 and a 52-week-low of $28.46. At the end of the last trading period, Montrose Environmental Gr closed at $32.65.

Scotiabank downgraded the previous rating for Netstreit Corp NTST from Sector Outperform to Sector Perform. For the fourth quarter, Netstreit had an EPS of $0.29, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $23.72 and a 52-week-low of $17.07. At the end of the last trading period, Netstreit closed at $18.58.

Wolfe Research downgraded the previous rating for Kaiser Aluminum Corp KALU from Peer Perform to Underperform. For the fourth quarter, Kaiser Aluminum had an EPS of $0.45, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $107.08 and a 52-week-low of $59.38. Kaiser Aluminum closed at $72.11 at the end of the last trading period.

According to Wolfe Research, the prior rating for Arconic Corp ARNC was changed from Outperform to Peer Perform. Arconic earned $0.31 in the fourth quarter, compared to $0.25 in the year-ago quarter. The current stock performance of Arconic shows a 52-week-high of $31.20 and a 52-week-low of $16.37. Moreover, at the end of the last trading period, the closing price was at $25.71.

According to Stifel, the prior rating for Insight Enterprises Inc NSIT was changed from Buy to Hold. Insight Enterprises earned $2.53 in the fourth quarter, compared to $2.03 in the year-ago quarter. At the moment, the stock has a 52-week-high of $144.84 and a 52-week-low of $81.16. Insight Enterprises closed at $142.36 at the end of the last trading period.

For Jefferies Financial Group Inc JEF, Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. For the first quarter, Jefferies Financial Gr had an EPS of $0.55, compared to year-ago quarter EPS of $1.23. The stock has a 52-week-high of $40.68 and a 52-week-low of $24.73. At the end of the last trading period, Jefferies Financial Gr closed at $31.45.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Maxim Group initiated coverage on Alzamend Neuro Inc ALZN. The price target seems to have been set at $1.50 for Alzamend Neuro. In the third quarter, Alzamend Neuro showed an EPS of $0.06, compared to $0.03 from the year-ago quarter. The current stock performance of Alzamend Neuro shows a 52-week-high of $1.49 and a 52-week-low of $0.31. Moreover, at the end of the last trading period, the closing price was at $0.52.

Alliance Global Partners initiated coverage on Atlas Lithium Corp ATLX with a Buy rating. The price target for Atlas Lithium is set to $50.00. The current stock performance of Atlas Lithium shows a 52-week-high of $23.51 and a 52-week-low of $6.01. Moreover, at the end of the last trading period, the closing price was at $18.56.

Mizuho initiated coverage on Huntsman Corp HUN with a Neutral rating. The price target for Huntsman is set to $27.00. Huntsman earned $0.04 in the fourth quarter, compared to $0.95 in the year-ago quarter. The current stock performance of Huntsman shows a 52-week-high of $37.12 and a 52-week-low of $23.54. Moreover, at the end of the last trading period, the closing price was at $26.96.

With a Buy rating, B. Riley Securities initiated coverage on Trevi Therapeutics Inc TRVI. The price target seems to have been set at $6.00 for Trevi Therapeutics. In the fourth quarter, Trevi Therapeutics showed an EPS of $0.06, compared to $0.28 from the year-ago quarter. The current stock performance of Trevi Therapeutics shows a 52-week-high of $4.66 and a 52-week-low of $1.43. Moreover, at the end of the last trading period, the closing price was at $1.83.

With an Overweight rating, Stephens & Co. initiated coverage on Evolent Health Inc EVH. The price target seems to have been set at $40.00 for Evolent Health. In the fourth quarter, Evolent Health showed an EPS of $0.10, compared to $0.08 from the year-ago quarter. The current stock performance of Evolent Health shows a 52-week-high of $39.76 and a 52-week-low of $21.86. Moreover, at the end of the last trading period, the closing price was at $32.05.

Canaccord Genuity initiated coverage on Concentrix Corp CNXC with a Buy rating. The price target for Concentrix is set to $150.00. In the first quarter, Concentrix showed an EPS of $2.56, compared to $2.85 from the year-ago quarter. The current stock performance of Concentrix shows a 52-week-high of $163.25 and a 52-week-low of $108.58. Moreover, at the end of the last trading period, the closing price was at $111.00.

With a Neutral rating, B of A Securities initiated coverage on Apollo Medical Holdings Inc AMEH. The price target seems to have been set at $44.00 for Apollo Medical Hlgs. Apollo Medical Hlgs earned $0.06 in the fourth quarter, compared to $0.30 in the year-ago quarter. The stock has a 52-week-high of $58.00 and a 52-week-low of $26.96. At the end of the last trading period, Apollo Medical Hlgs closed at $39.87.

With a Buy rating, Needham initiated coverage on Globant SA GLOB. The price target seems to have been set at $205.00 for Globant. In the fourth quarter, Globant showed an EPS of $1.40, compared to $1.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $249.87 and a 52-week-low of $144.50. Globant closed at $156.99 at the end of the last trading period.

Keybanc initiated coverage on Integral Ad Science Holding Corp IAS with a Sector Weight rating. For the fourth quarter, Integral Ad Science had an EPS of $0.07, compared to year-ago quarter EPS of $0.03. The current stock performance of Integral Ad Science shows a 52-week-high of $15.91 and a 52-week-low of $6.64. Moreover, at the end of the last trading period, the closing price was at $15.67.

Keybanc initiated coverage on ZipRecruiter Inc ZIP with a Sector Weight rating. For the fourth quarter, ZipRecruiter had an EPS of $0.17, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $25.00 and a 52-week-low of $13.68. At the end of the last trading period, ZipRecruiter closed at $16.63.

With an Overweight rating, Piper Sandler initiated coverage on DoubleVerify Holdings Inc DV. The price target seems to have been set at $35.00 for DoubleVerify Hldgs. In the fourth quarter, DoubleVerify Hldgs showed an EPS of $0.11, compared to $0.17 from the year-ago quarter. The current stock performance of DoubleVerify Hldgs shows a 52-week-high of $32.42 and a 52-week-low of $17.22. Moreover, at the end of the last trading period, the closing price was at $30.13.

With an Overweight rating, Stephens & Co. initiated coverage on R1 RCM Inc RCM. The price target seems to have been set at $18.00 for R1 RCM. For the fourth quarter, R1 RCM had an EPS of $0.09, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $27.86 and a 52-week-low of $6.71. R1 RCM closed at $15.18 at the end of the last trading period.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Teladoc Health Inc TDOC. The price target seems to have been set at $25.00 for Teladoc Health. Teladoc Health earned $0.23 in the fourth quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $70.99 and a 52-week-low of $21.60. At the end of the last trading period, Teladoc Health closed at $26.26.

With an Overweight rating, Stephens & Co. initiated coverage on Privia Health Group Inc PRVA. The price target seems to have been set at $33.00 for Privia Health Gr. In the fourth quarter, Privia Health Gr showed an EPS of $0.13, compared to $0.06 from the year-ago quarter. The current stock performance of Privia Health Gr shows a 52-week-high of $44.62 and a 52-week-low of $17.99. Moreover, at the end of the last trading period, the closing price was at $28.06.

Stephens & Co. initiated coverage on Phreesia Inc PHR with an Overweight rating. The price target for Phreesia is set to $37.00. For the fourth quarter, Phreesia had an EPS of $0.72, compared to year-ago quarter EPS of $0.90. At the moment, the stock has a 52-week-high of $40.00 and a 52-week-low of $13.19. Phreesia closed at $31.17 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on NextGen Healthcare Inc NXGN. The price target seems to have been set at $24.00 for NextGen Healthcare. NextGen Healthcare earned $0.26 in the third quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.92 and a 52-week-low of $16.14. NextGen Healthcare closed at $17.12 at the end of the last trading period.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Computer Programs and Systems Inc CPSI. The price target seems to have been set at $30.00 for CPSI. CPSI earned $0.61 in the fourth quarter, compared to $0.70 in the year-ago quarter. The stock has a 52-week-high of $34.46 and a 52-week-low of $25.67. At the end of the last trading period, CPSI closed at $30.55.

With an Overweight rating, Stephens & Co. initiated coverage on Certara Inc CERT. The price target seems to have been set at $28.00 for Certara. 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 $23.12.

DA Davidson initiated coverage on Lazydays Holdings Inc LAZY with a Neutral rating. The price target for Lazydays Hldgs is set to $12.00. In the fourth quarter, Lazydays Hldgs showed an EPS of $0.02, compared to $0.99 from the year-ago quarter. The current stock performance of Lazydays Hldgs shows a 52-week-high of $20.88 and a 52-week-low of $10.42. Moreover, at the end of the last trading period, the closing price was at $11.21.

Stephens & Co. initiated coverage on Veradigm Inc MDRX with a Equal-Weight rating. The price target for Veradigm is set to $13.00. In the third quarter, Veradigm showed an EPS of $0.23, compared to $0.27 from the year-ago quarter. The current stock performance of Veradigm shows a 52-week-high of $23.18 and a 52-week-low of $12.62. Moreover, at the end of the last trading period, the closing price was at $12.74.

With an Overweight rating, Stephens & Co. initiated coverage on Accolade Inc ACCD. The price target seems to have been set at $18.00 for Accolade. In the third quarter, Accolade showed an EPS of $0.56, compared to $0.52 from the year-ago quarter. The stock has a 52-week-high of $14.75 and a 52-week-low of $4.62. At the end of the last trading period, Accolade closed at $14.11.

With a Buy rating, Roth MKM initiated coverage on Las Vegas Sands Corp LVS. The price target seems to have been set at $74.00 for Las Vegas Sands. For the fourth quarter, Las Vegas Sands had an EPS of $0.19, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $60.99 and a 52-week-low of $28.88. Las Vegas Sands closed at $55.93 at the end of the last trading period.

Oppenheimer initiated coverage on FS KKR Capital Corp FSK with a Perform rating. The price target for FS KKR Capital is set to $21.00. For the fourth quarter, FS KKR Capital had an EPS of $0.81, compared to year-ago quarter EPS of $0.65. The current stock performance of FS KKR Capital shows a 52-week-high of $23.14 and a 52-week-low of $16.71. Moreover, at the end of the last trading period, the closing price was at $18.44.

See all analyst ratings initiations.