Benzinga's Top Ratings Upgrades, Downgrades For April 20, 2023

Upgrades

Jefferies upgraded the previous rating for Relay Therapeutics Inc RLAY from Underperform to Hold. For the fourth quarter, Relay Therapeutics had an EPS of $0.56, compared to year-ago quarter EPS of $0.62. The current stock performance of Relay Therapeutics shows a 52-week-high of $33.05 and a 52-week-low of $10.85. Moreover, at the end of the last trading period, the closing price was at $12.35.

Craig-Hallum upgraded the previous rating for Chegg Inc CHGG from Hold to Buy. For the fourth quarter, Chegg had an EPS of $0.40, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $32.64 and a 52-week-low of $15.25. At the end of the last trading period, Chegg closed at $17.63.

Raymond James upgraded the previous rating for Capri Holdings Ltd CPRI from Outperform to Strong Buy. Capri Holdings earned $1.84 in the third quarter, compared to $2.22 in the year-ago quarter. The stock has a 52-week-high of $69.25 and a 52-week-low of $36.91. At the end of the last trading period, Capri Holdings closed at $45.21.

Jefferies upgraded the previous rating for General Electric Co GE from Hold to Buy. General Electric earned $1.24 in the fourth quarter, compared to $0.92 in the year-ago quarter. The stock has a 52-week-high of $99.31 and a 52-week-low of $46.77. At the end of the last trading period, General Electric closed at $99.03.

Barclays upgraded the previous rating for Enerplus Corp ERF from Equal-Weight to Overweight. For the fourth quarter, Enerplus had an EPS of $0.78, compared to year-ago quarter EPS of $0.41. The stock has a 52-week-high of $19.22 and a 52-week-low of $11.00. At the end of the last trading period, Enerplus closed at $14.69.

According to Stephens & Co., the prior rating for Shift4 Payments Inc FOUR was changed from Equal-Weight to Overweight. Shift4 Payments earned $0.47 in the fourth quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $76.40 and a 52-week-low of $29.41. At the end of the last trading period, Shift4 Payments closed at $62.59.

B of A Securities upgraded the previous rating for WestRock Co WRK from Neutral to Buy. In the first quarter, WestRock showed an EPS of $0.55, compared to $0.65 from the year-ago quarter. The stock has a 52-week-high of $54.76 and a 52-week-low of $26.84. At the end of the last trading period, WestRock closed at $30.83.

For The Western Union Co WU, Wolfe Research upgraded the previous rating of Underperform to Peer Perform. For the fourth quarter, Western Union had an EPS of $0.32, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $19.96 and a 52-week-low of $10.07. At the end of the last trading period, Western Union closed at $10.89.

According to Wells Fargo, the prior rating for Emerson Electric Co EMR was changed from Equal-Weight to Overweight. For the first quarter, Emerson Electric had an EPS of $0.78, compared to year-ago quarter EPS of $1.05. The stock has a 52-week-high of $99.65 and a 52-week-low of $72.42. At the end of the last trading period, Emerson Electric closed at $86.37.

Mizuho upgraded the previous rating for Southern Co SO from Neutral to Buy. Southern earned $0.26 in the fourth quarter, compared to $0.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $80.52 and a 52-week-low of $58.85. Southern closed at $72.81 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Fastly Inc FSLY was changed from Underweight to Equal-Weight. In the fourth quarter, Fastly showed an EPS of $0.08, compared to $0.10 from the year-ago quarter. The current stock performance of Fastly shows a 52-week-high of $19.90 and a 52-week-low of $7.16. Moreover, at the end of the last trading period, the closing price was at $16.43.

According to Barclays, the prior rating for Elanco Animal Health Inc ELAN was changed from Equal-Weight to Overweight. For the fourth quarter, Elanco Animal Health had an EPS of $0.19, compared to year-ago quarter EPS of $0.21. The stock has a 52-week-high of $26.76 and a 52-week-low of $8.67. At the end of the last trading period, Elanco Animal Health closed at $9.46.

According to Citigroup, the prior rating for Comstock Resources Inc CRK was changed from Sell to Neutral. Comstock Resources earned $1.05 in the fourth quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $22.11 and a 52-week-low of $9.71. At the end of the last trading period, Comstock Resources closed at $10.94.

For Coterra Energy Inc CTRA, Citigroup upgraded the previous rating of Sell to Neutral. For the fourth quarter, Coterra Energy had an EPS of $1.16, compared to year-ago quarter EPS of $0.83. The current stock performance of Coterra Energy shows a 52-week-high of $36.54 and a 52-week-low of $22.25. Moreover, at the end of the last trading period, the closing price was at $25.70.

Keybanc upgraded the previous rating for Health Catalyst Inc HCAT from Sector Weight to Overweight. For the fourth quarter, Health Catalyst had an EPS of $0.05, compared to year-ago quarter EPS of $0.19. The current stock performance of Health Catalyst shows a 52-week-high of $23.47 and a 52-week-low of $6.41. Moreover, at the end of the last trading period, the closing price was at $12.93.

See all analyst ratings upgrades.

Downgrades

UBS downgraded the previous rating for Sea Ltd SE from Buy to Neutral. For the fourth quarter, Sea had an EPS of $0.72, compared to year-ago quarter EPS of $0.88. The stock has a 52-week-high of $108.71 and a 52-week-low of $40.66. At the end of the last trading period, Sea closed at $81.49.

For MYT Netherlands Parent BV MYTE, Societe Generale downgraded the previous rating of Buy to Hold. For the second quarter, MYT Netherlands Parent had an EPS of $0.13, compared to year-ago quarter EPS of $0.02. At the moment, the stock has a 52-week-high of $15.85 and a 52-week-low of $5.87. MYT Netherlands Parent closed at $6.15 at the end of the last trading period.

According to Jefferies, the prior rating for Raytheon Technologies Corp RTX was changed from Buy to Hold. Raytheon Technologies earned $1.27 in the fourth quarter, compared to $1.08 in 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 $104.09 at the end of the last trading period.

For Acadia Healthcare Co Inc ACHC, Deutsche Bank downgraded the previous rating of Hold to Sell. For the fourth quarter, Acadia Healthcare Co had an EPS of $0.74, compared to year-ago quarter EPS of $0.81. The current stock performance of Acadia Healthcare Co shows a 52-week-high of $89.82 and a 52-week-low of $63.20. Moreover, at the end of the last trading period, the closing price was at $75.29.

For Tesla Inc TSLA, Tudor Pickering downgraded the previous rating of Hold to Sell. In the first quarter, Tesla showed an EPS of $0.85, compared to $1.07 from the year-ago quarter. The stock has a 52-week-high of $363.50 and a 52-week-low of $101.81. At the end of the last trading period, Tesla closed at $180.59.

According to Raymond James, the prior rating for Brilliant Earth Group Inc BRLT was changed from Outperform to Market Perform. Brilliant Earth Group earned $0.08 in the fourth quarter, compared to $0.11 in the year-ago quarter. The stock has a 52-week-high of $9.44 and a 52-week-low of $3.45. At the end of the last trading period, Brilliant Earth Group closed at $3.82.

B of A Securities downgraded the previous rating for NetApp Inc NTAP from Neutral to Underperform. For the third quarter, NetApp had an EPS of $1.37, compared to year-ago quarter EPS of $1.44. The stock has a 52-week-high of $79.89 and a 52-week-low of $58.08. At the end of the last trading period, NetApp closed at $66.15.

According to B of A Securities, the prior rating for Veritone Inc VERI was changed from Neutral to Underperform. Veritone earned $0.05 in the fourth quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $15.85 and a 52-week-low of $4.59. At the end of the last trading period, Veritone closed at $5.54.

For Citizens Financial Group Inc CFG, B of A Securities downgraded the previous rating of Buy to Neutral. In the first quarter, Citizens Financial Group showed an EPS of $1.10, compared to $1.07 from the year-ago quarter. The stock has a 52-week-high of $45.34 and a 52-week-low of $28.27. At the end of the last trading period, Citizens Financial Group closed at $30.50.

According to Wolfe Research, the prior rating for Paymentus Holdings Inc PAY was changed from Outperform to Peer Perform. In the fourth quarter, Paymentus Holdings showed an EPS of $0.02, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.39 and a 52-week-low of $6.85. Paymentus Holdings closed at $8.29 at the end of the last trading period.

Wolfe Research downgraded the previous rating for MeridianLink Inc MLNK from Peer Perform to Underperform. For the fourth quarter, MeridianLink had an EPS of $0.03, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $18.78 and a 52-week-low of $12.49. MeridianLink closed at $15.85 at the end of the last trading period.

Truist Securities downgraded the previous rating for TripAdvisor Inc TRIP from Buy to Hold. TripAdvisor earned $0.16 in the fourth quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.05 and a 52-week-low of $16.87. TripAdvisor closed at $19.14 at the end of the last trading period.

According to Redburn Partners, the prior rating for Charles Schwab Corp SCHW was changed from Neutral to Sell. In the first quarter, Charles Schwab showed an EPS of $0.93, compared to $0.77 from the year-ago quarter. The stock has a 52-week-high of $86.63 and a 52-week-low of $45.00. At the end of the last trading period, Charles Schwab closed at $55.55.

For CubeSmart CUBE, BMO Capital downgraded the previous rating of Outperform to Market Perform. CubeSmart earned $0.67 in the fourth quarter, compared to $0.58 in the year-ago quarter. At the moment, the stock has a 52-week-high of $54.94 and a 52-week-low of $36.85. CubeSmart closed at $46.21 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Bath & Body Works Inc BBWI from Overweight to Neutral. In the fourth quarter, Bath & Body Works showed an EPS of $1.86, compared to $2.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $57.90 and a 52-week-low of $25.81. Bath & Body Works closed at $35.60 at the end of the last trading period.

Barclays downgraded the previous rating for F5 Inc FFIV from Overweight to Equal-Weight. In the second quarter, F5 showed an EPS of $2.53, compared to $2.13 from the year-ago quarter. The stock has a 52-week-high of $207.56 and a 52-week-low of $133.68. At the end of the last trading period, F5 closed at $137.05.

According to Oppenheimer, the prior rating for Perfect Corp PERF was changed from Outperform to Perform. NoneThe current stock performance of Perfect shows a 52-week-high of $21.03 and a 52-week-low of $4.93. Moreover, at the end of the last trading period, the closing price was at $6.03.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, Ladenburg Thalmann initiated coverage on OGE Energy Corp OGE. The price target seems to have been set at $37.00 for OGE Energy. For the fourth quarter, OGE Energy had an EPS of $0.25, compared to year-ago quarter EPS of $0.27. At the moment, the stock has a 52-week-high of $42.91 and a 52-week-low of $33.28. OGE Energy closed at $37.60 at the end of the last trading period.

With an Overweight rating, Morgan Stanley initiated coverage on SeaWorld Entertainment Inc SEAS. The price target seems to have been set at $70.00 for SeaWorld Entertainment. In the fourth quarter, SeaWorld Entertainment showed an EPS of $0.76, compared to $0.92 from the year-ago quarter. The current stock performance of SeaWorld Entertainment shows a 52-week-high of $76.40 and a 52-week-low of $40.02. Moreover, at the end of the last trading period, the closing price was at $53.75.

With an Overweight rating, Morgan Stanley initiated coverage on Cedar Fair LP FUN. The price target seems to have been set at $53.00 for Cedar Fair. For the fourth quarter, Cedar Fair had an EPS of $0.27, compared to year-ago quarter EPS of $0.48. At the moment, the stock has a 52-week-high of $56.92 and a 52-week-low of $37.92. Cedar Fair closed at $41.75 at the end of the last trading period.

With a Buy rating, EF Hutton initiated coverage on Mammoth Energy Services Inc TUSK. The price target seems to have been set at $7.00 for Mammoth Energy Services. For the fourth quarter, Mammoth Energy Services had an EPS of $0.10, compared to year-ago quarter EPS of $0.25. The current stock performance of Mammoth Energy Services shows a 52-week-high of $8.79 and a 52-week-low of $1.62. Moreover, at the end of the last trading period, the closing price was at $4.33.

With a Buy rating, Canaccord Genuity initiated coverage on Lavoro Ltd LVRO. The price target seems to have been set at $13.50 for Lavoro. NoneThe current stock performance of Lavoro shows a 52-week-high of $15.82 and a 52-week-low of $5.24. Moreover, at the end of the last trading period, the closing price was at $6.10.

With an Underperform rating, Evercore ISI Group initiated coverage on Sprouts Farmers Market Inc SFM. The price target seems to have been set at $29.00 for Sprouts Farmers Market. For the fourth quarter, Sprouts Farmers Market had an EPS of $0.42, compared to year-ago quarter EPS of $0.32. The current stock performance of Sprouts Farmers Market shows a 52-week-high of $35.66 and a 52-week-low of $22.56. Moreover, at the end of the last trading period, the closing price was at $33.20.

With an Outperform rating, FBN Securities initiated coverage on Freshworks Inc FRSH. The price target seems to have been set at $20.00 for Freshworks. For the fourth quarter, Freshworks had an EPS of $0.01, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $20.00 and a 52-week-low of $10.51. Freshworks closed at $14.80 at the end of the last trading period.

Maxim Group initiated coverage on SeaStar Medical Holding Corp ICU with a Buy rating. The price target for SeaStar Medical Holding is set to $5.00. The stock has a 52-week-high of $12.00 and a 52-week-low of $1.64. At the end of the last trading period, SeaStar Medical Holding closed at $2.13.

B of A Securities initiated coverage on Harmony Biosciences Holdings Inc HRMY with a Neutral rating. The price target for Harmony Biosciences is set to $35.00. In the fourth quarter, Harmony Biosciences showed an EPS of $1.01, compared to $0.63 from the year-ago quarter. The current stock performance of Harmony Biosciences shows a 52-week-high of $61.94 and a 52-week-low of $29.81. Moreover, at the end of the last trading period, the closing price was at $32.97.

With a Buy rating, HC Wainwright & Co. initiated coverage on Acrivon Therapeutics Inc ACRV. The price target seems to have been set at $24.00 for Acrivon Therapeutics. In the fourth quarter, Acrivon Therapeutics showed an EPS of $0.80, compared to $2.45 from the year-ago quarter. At the moment, the stock has a 52-week-high of $25.47 and a 52-week-low of $8.06. Acrivon Therapeutics closed at $10.34 at the end of the last trading period.

With an Overweight rating, Morgan Stanley initiated coverage on Disc Medicine Inc IRON. The price target seems to have been set at $37.00 for Disc Medicine. NoneThe current stock performance of Disc Medicine shows a 52-week-high of $211.50 and a 52-week-low of $13.50. Moreover, at the end of the last trading period, the closing price was at $25.76.

With an Overweight rating, Morgan Stanley initiated coverage on Intra-Cellular Therapies Inc ITCI. The price target seems to have been set at $80.00 for Intra-Cellular Therapies. Intra-Cellular Therapies earned $0.45 in the fourth quarter, compared to $1.05 in the year-ago quarter. The stock has a 52-week-high of $63.50 and a 52-week-low of $42.01. At the end of the last trading period, Intra-Cellular Therapies closed at $62.16.

With a Hold rating, Jefferies initiated coverage on Cousins Properties Inc CUZ. The price target seems to have been set at $21.00 for Cousins Props. For the fourth quarter, Cousins Props had an EPS of $0.66, compared to year-ago quarter EPS of $0.68. The stock has a 52-week-high of $40.12 and a 52-week-low of $18.05. At the end of the last trading period, Cousins Props closed at $21.73.

Wells Fargo initiated coverage on CareTrust REIT Inc CTRE with a Equal-Weight rating. The price target for CareTrust REIT is set to $21.00. For the fourth quarter, CareTrust REIT had an EPS of $0.38, compared to year-ago quarter EPS of $0.39. At the moment, the stock has a 52-week-high of $22.45 and a 52-week-low of $15.90. CareTrust REIT closed at $19.68 at the end of the last trading period.

With a Equal-Weight rating, Wells Fargo initiated coverage on LTC Properties Inc LTC. The price target seems to have been set at $36.00 for LTC Properties. LTC Properties earned $0.72 in the fourth quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $45.47 and a 52-week-low of $31.90. At the end of the last trading period, LTC Properties closed at $34.29.

With a Equal-Weight rating, Wells Fargo initiated coverage on Healthpeak Properties Inc PEAK. The price target seems to have been set at $23.00 for Healthpeak Properties. For the fourth quarter, Healthpeak Properties had an EPS of $0.44, compared to year-ago quarter EPS of $0.41. The stock has a 52-week-high of $35.71 and a 52-week-low of $20.21. At the end of the last trading period, Healthpeak Properties closed at $21.37.

With a Equal-Weight rating, Wells Fargo initiated coverage on Medical Properties Trust Inc MPW. The price target seems to have been set at $9.00 for Medical Properties Trust. In the fourth quarter, Medical Properties Trust showed an EPS of $0.43, compared to $0.47 from the year-ago quarter. The current stock performance of Medical Properties Trust shows a 52-week-high of $20.46 and a 52-week-low of $7.10. Moreover, at the end of the last trading period, the closing price was at $8.48.

Wells Fargo initiated coverage on Welltower Inc WELL with an Overweight rating. The price target for Welltower is set to $85.00. Welltower earned $0.83 in the fourth quarter, compared to $0.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $98.26 and a 52-week-low of $56.54. Welltower closed at $76.25 at the end of the last trading period.

Wells Fargo initiated coverage on Omega Healthcare Investors Inc OHI with an Overweight rating. The price target for Omega Healthcare Invts is set to $30.00. In the fourth quarter, Omega Healthcare Invts showed an EPS of $0.73, compared to $0.77 from the year-ago quarter. The current stock performance of Omega Healthcare Invts shows a 52-week-high of $33.70 and a 52-week-low of $24.81. Moreover, at the end of the last trading period, the closing price was at $26.81.

With an Overweight rating, Wells Fargo initiated coverage on Ventas Inc VTR. The price target seems to have been set at $50.00 for Ventas. In the fourth quarter, Ventas showed an EPS of $0.73, compared to $0.73 from the year-ago quarter. The stock has a 52-week-high of $61.36 and a 52-week-low of $35.34. At the end of the last trading period, Ventas closed at $44.73.

With an Outperform rating, Oppenheimer initiated coverage on Agilysys Inc AGYS. The price target seems to have been set at $105.00 for Agilysys. Agilysys earned $0.26 in the third quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $88.16 and a 52-week-low of $31.74. Agilysys closed at $82.68 at the end of the last trading period.

With an Outperform rating, Oppenheimer initiated coverage on Pros Holdings Inc PRO. The price target seems to have been set at $37.00 for Pros Holdings. Pros Holdings earned $0.02 in the fourth quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $32.37 and a 52-week-low of $18.16. At the end of the last trading period, Pros Holdings closed at $27.02.

Wells Fargo initiated coverage on Physicians Realty Trust DOC with an Underweight rating. The price target for Physicians Realty Trust is set to $14.00. In the fourth quarter, Physicians Realty Trust showed an EPS of $0.26, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $18.82 and a 52-week-low of $13.42. At the end of the last trading period, Physicians Realty Trust closed at $14.59.

With an Underweight rating, Wells Fargo initiated coverage on Sabra Health Care REIT Inc SBRA. The price target seems to have been set at $11.00 for Sabra Health Care REIT. Sabra Health Care REIT earned $0.37 in the fourth quarter, compared to $0.39 in the year-ago quarter. The current stock performance of Sabra Health Care REIT shows a 52-week-high of $16.57 and a 52-week-low of $10.08. Moreover, at the end of the last trading period, the closing price was at $11.29.

See all analyst ratings initiations.