Benzinga's Top Ratings Upgrades, Downgrades For April 26, 2023

Upgrades

Piper Sandler upgraded the previous rating for BankUnited Inc BKU from Underweight to Neutral. For the first quarter, BankUnited had an EPS of $0.70, compared to year-ago quarter EPS of $0.79. At the moment, the stock has a 52-week-high of $42.19 and a 52-week-low of $19.04. BankUnited closed at $20.86 at the end of the last trading period.

According to Societe Generale, the prior rating for Coca-Cola Europacific Partners PLC CCEP was changed from Sell to Hold. NoneAt the moment, the stock has a 52-week-high of $63.77 and a 52-week-low of $41.81. Coca-Cola Europacific closed at $63.28 at the end of the last trading period.

For Microsoft Corp MSFT, BMO Capital upgraded the previous rating of Market Perform to Outperform. Microsoft earned $2.45 in the third quarter, compared to $2.22 in the year-ago quarter. The current stock performance of Microsoft shows a 52-week-high of $294.18 and a 52-week-low of $213.46. Moreover, at the end of the last trading period, the closing price was at $275.42.

According to Macquarie, the prior rating for Microsoft Corp MSFT was changed from Neutral to Outperform. For the third quarter, Microsoft had an EPS of $2.45, compared to year-ago quarter EPS of $2.22. The stock has a 52-week-high of $294.18 and a 52-week-low of $213.46. At the end of the last trading period, Microsoft closed at $275.42.

For TransUnion TRU, Needham upgraded the previous rating of Hold to Buy. For the first quarter, TransUnion had an EPS of $0.80, compared to year-ago quarter EPS of $0.93. The stock has a 52-week-high of $93.98 and a 52-week-low of $50.40. At the end of the last trading period, TransUnion closed at $63.07.

According to Wolfe Research, the prior rating for United Parcel Service Inc UPS was changed from Underperform to Peer Perform. United Parcel Service earned $2.20 in the first quarter, compared to $3.05 in the year-ago quarter. The current stock performance of United Parcel Service shows a 52-week-high of $209.34 and a 52-week-low of $154.91. Moreover, at the end of the last trading period, the closing price was at $176.29.

Tigress Financial upgraded the previous rating for Albertsons Companies Inc ACI from Neutral to Buy. Albertsons Companies earned $0.79 in the fourth quarter, compared to $0.75 in the year-ago quarter. The stock has a 52-week-high of $32.67 and a 52-week-low of $19.14. At the end of the last trading period, Albertsons Companies closed at $20.96.

See all analyst ratings upgrades.

Downgrades

According to HC Wainwright & Co., the prior rating for Spectrum Pharmaceuticals Inc SPPI was changed from Buy to Neutral. Spectrum Pharma earned $0.06 in the fourth quarter, compared to $0.17 in the year-ago quarter. The current stock performance of Spectrum Pharma shows a 52-week-high of $1.57 and a 52-week-low of $0.32. Moreover, at the end of the last trading period, the closing price was at $0.92.

According to Seaport Global, the prior rating for Northern Trust Corp NTRS was changed from Buy to Neutral. In the first quarter, Northern Trust showed an EPS of $1.51, compared to $1.77 from the year-ago quarter. The current stock performance of Northern Trust shows a 52-week-high of $113.12 and a 52-week-low of $76.15. Moreover, at the end of the last trading period, the closing price was at $78.16.

According to Maxim Group, the prior rating for First Republic Bank FRC was changed from Buy to Hold. In the first quarter, First Republic Bank showed an EPS of $1.23, compared to $2.00 from the year-ago quarter. The stock has a 52-week-high of $171.04 and a 52-week-low of $7.92. At the end of the last trading period, First Republic Bank closed at $8.10.

According to B of A Securities, the prior rating for Enphase Energy Inc ENPH was changed from Neutral to Underperform. In the first quarter, Enphase Energy showed an EPS of $1.37, compared to $0.79 from the year-ago quarter. The stock has a 52-week-high of $339.88 and a 52-week-low of $128.68. At the end of the last trading period, Enphase Energy closed at $220.60.

For Spectrum Pharmaceuticals Inc SPPI, JMP Securities downgraded the previous rating of Market Outperform to Market Perform. In the fourth quarter, Spectrum Pharma showed an EPS of $0.06, compared to $0.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $1.57 and a 52-week-low of $0.32. Spectrum Pharma closed at $0.92 at the end of the last trading period.

According to Wolfe Research, the prior rating for Teleflex Inc TFX was changed from Outperform to Peer Perform. Teleflex earned $3.52 in the fourth quarter, compared to $3.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of $326.82 and a 52-week-low of $182.65. Teleflex closed at $268.34 at the end of the last trading period.

B of A Securities downgraded the previous rating for Danaher Corp DHR from Buy to Neutral. Danaher earned $2.36 in the first quarter, compared to $2.76 in the year-ago quarter. The current stock performance of Danaher shows a 52-week-high of $303.81 and a 52-week-low of $230.99. Moreover, at the end of the last trading period, the closing price was at $231.99.

According to Wedbush, the prior rating for HomeStreet Inc HMST was changed from Outperform to Neutral. HomeStreet earned $0.27 in the first quarter, compared to $1.01 in the year-ago quarter. The stock has a 52-week-high of $44.57 and a 52-week-low of $10.79. At the end of the last trading period, HomeStreet closed at $11.27.

According to Jefferies, the prior rating for Tesla Inc TSLA was changed from Buy to Hold. For the first quarter, Tesla had an EPS of $0.85, compared to year-ago quarter EPS of $1.07. The current stock performance of Tesla shows a 52-week-high of $336.18 and a 52-week-low of $101.81. Moreover, at the end of the last trading period, the closing price was at $160.67.

Barclays downgraded the previous rating for The Scotts Miracle Gro Co SMG from Overweight to Equal-Weight. In the first quarter, Scotts Miracle Gro showed an EPS of $1.02, compared to $0.88 from the year-ago quarter. The current stock performance of Scotts Miracle Gro shows a 52-week-high of $118.03 and a 52-week-low of $39.06. Moreover, at the end of the last trading period, the closing price was at $68.79.

Keybanc downgraded the previous rating for NextEra Energy Partners LP NEP from Overweight to Sector Weight. For the first quarter, NextEra Energy Partners had an EPS of $0.17, compared to year-ago quarter EPS of $1.72. The current stock performance of NextEra Energy Partners shows a 52-week-high of $85.98 and a 52-week-low of $57.50. Moreover, at the end of the last trading period, the closing price was at $59.72.

See all analyst ratings downgrades.

Initiations

With a Hold rating, Lake Street initiated coverage on Kura Sushi USA Inc KRUS. The price target seems to have been set at $65.00 for Kura Sushi USA. Kura Sushi USA earned $0.10 in the second quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Kura Sushi USA shows a 52-week-high of $96.06 and a 52-week-low of $30.95. Moreover, at the end of the last trading period, the closing price was at $66.89.

Craig-Hallum initiated coverage on Xtant Medical Holdings Inc XTNT with a Buy rating. The price target for Xtant Medical Hldgs is set to $1.00. In the fourth quarter, Xtant Medical Hldgs showed an EPS of $0.02, compared to $0.03 from the year-ago quarter.

For Nayax Ltd NYAX, William Blair initiated coverage, by setting the current rating at Market Perform.

With a Buy rating, EF Hutton initiated coverage on Mayville Engineering Co Inc MEC. The price target seems to have been set at $22.00 for Mayville Engineering. Mayville Engineering earned $0.12 in the fourth quarter, compared to $0.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.66 and a 52-week-low of $6.01. Mayville Engineering closed at $11.15 at the end of the last trading period.

With a Equal-Weight rating, Morgan Stanley initiated coverage on IonQ Inc IONQ. The price target seems to have been set at $7.00 for IonQ. IonQ earned $0.09 in the fourth quarter, compared to $0.39 in the year-ago quarter. The current stock performance of IonQ shows a 52-week-high of $9.35 and a 52-week-low of $3.04. Moreover, at the end of the last trading period, the closing price was at $5.51.

UBS initiated coverage on GE HealthCare Technologies Inc GEHC with a Neutral rating. The price target for GE HealthCare Techs is set to $86.00. GE HealthCare Techs earned $0.85 in the first quarter, compared to $0.96 in the year-ago quarter. The stock has a 52-week-high of $87.83 and a 52-week-low of $53.00. At the end of the last trading period, GE HealthCare Techs closed at $80.39.

William Blair initiated coverage on BellRing Brands Inc BRBR with an Outperform rating. 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 $36.17 and a 52-week-low of $20.20. BellRing Brands closed at $35.28 at the end of the last trading period.

Needham initiated coverage on International Money Express Inc IMXI with a Buy rating. The price target for IntL Money Express is set to $35.00. IntL Money Express earned $0.46 in the fourth quarter, compared to $0.40 in the year-ago quarter. The stock has a 52-week-high of $28.24 and a 52-week-low of $18.21. At the end of the last trading period, IntL Money Express closed at $24.77.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Ultragenyx Pharmaceutical Inc RARE. The price target seems to have been set at $114.00 for Ultragenyx Pharmaceutical. Ultragenyx Pharmaceutical earned $2.16 in the fourth quarter, compared to $1.79 in the year-ago quarter. At the moment, the stock has a 52-week-high of $76.31 and a 52-week-low of $33.36. Ultragenyx Pharmaceutical closed at $41.85 at the end of the last trading period.

Mizuho initiated coverage on Suburban Propane Partners LP SPH with a Neutral rating. The price target for Suburban Propane Partners is set to $17.00. For the first quarter, Suburban Propane Partners had an EPS of $0.71, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $17.62 and a 52-week-low of $14.40. At the end of the last trading period, Suburban Propane Partners closed at $15.54.

HC Wainwright & Co. initiated coverage on Coinbase Global Inc COIN with a Buy rating. The price target for Coinbase Glb is set to $75.00. In the fourth quarter, Coinbase Glb showed an EPS of $2.46, compared to $3.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $137.35 and a 52-week-low of $31.55. Coinbase Glb closed at $55.55 at the end of the last trading period.

With a Buy rating, HC Wainwright & Co. initiated coverage on Panbela Therapeutics Inc PBLA. The price target seems to have been set at $7.00 for Panbela Therapeutics. Panbela Therapeutics earned $5.68 in the fourth quarter, compared to $10.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $75.60 and a 52-week-low of $0.32. Panbela Therapeutics closed at $0.42 at the end of the last trading period.

With a Buy rating, Benchmark initiated coverage on Pagaya Technologies Ltd PGY. The price target seems to have been set at $2.00 for Pagaya Techs. The current stock performance of Pagaya Techs shows a 52-week-high of $34.44 and a 52-week-low of $0.57. Moreover, at the end of the last trading period, the closing price was at $0.83.

Cantor Fitzgerald initiated coverage on ZeroFox Holdings Inc ZFOX with an Overweight rating. The price target for ZeroFox Holdings is set to $3.00. The stock has a 52-week-high of $15.71 and a 52-week-low of $0.96. At the end of the last trading period, ZeroFox Holdings closed at $1.20.

For Moderna Inc MRNA, Guggenheim initiated coverage, by setting the current rating at Neutral. Moderna earned $3.61 in the fourth quarter, compared to $11.29 in the year-ago quarter. The current stock performance of Moderna shows a 52-week-high of $217.20 and a 52-week-low of $115.06. Moreover, at the end of the last trading period, the closing price was at $134.90.

Piper Sandler initiated coverage on Celsius Holdings Inc CELH with an Overweight rating. The price target for Celsius Holdings is set to $110.00. For the fourth quarter, Celsius Holdings had an EPS of $0.37, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $122.24 and a 52-week-low of $38.38. At the end of the last trading period, Celsius Holdings closed at $89.98.

See all analyst ratings initiations.