Benzinga's Top Ratings Upgrades, Downgrades For April 28, 2023

Upgrades

Deutsche Bank upgraded the previous rating for Old Dominion Freight Line Inc ODFL from Hold to Buy. Old Dominion Freight Line earned $2.58 in the first quarter, compared to $2.60 in the year-ago quarter. The current stock performance of Old Dominion Freight Line shows a 52-week-high of $381.81 and a 52-week-low of $231.53. Moreover, at the end of the last trading period, the closing price was at $313.21.

For Ralph Lauren Corp RL, OTR Global upgraded the previous rating of Mixed to Positive. In the third quarter, Ralph Lauren showed an EPS of $3.35, compared to $2.94 from the year-ago quarter. The stock has a 52-week-high of $128.94 and a 52-week-low of $82.57. At the end of the last trading period, Ralph Lauren closed at $114.74.

Barrington Research upgraded the previous rating for Travelzoo TZOO from Market Perform to Outperform. In the first quarter, Travelzoo showed an EPS of $0.23, compared to $0.19 from the year-ago quarter. The current stock performance of Travelzoo shows a 52-week-high of $8.30 and a 52-week-low of $4.11. Moreover, at the end of the last trading period, the closing price was at $6.98.

According to Benchmark, the prior rating for Intel Corp INTC was changed from Hold to Buy. In the first quarter, Intel showed an EPS of $0.04, compared to $0.87 from the year-ago quarter. The current stock performance of Intel shows a 52-week-high of $47.27 and a 52-week-low of $24.59. Moreover, at the end of the last trading period, the closing price was at $29.86.

B of A Securities upgraded the previous rating for Pilgrims Pride Corp PPC from Neutral to Buy. For the first quarter, Pilgrims Pride had an EPS of $0.08, compared to year-ago quarter EPS of $1.18. The stock has a 52-week-high of $34.65 and a 52-week-low of $20.59. At the end of the last trading period, Pilgrims Pride closed at $22.07.

For Activision Blizzard Inc ATVI, Exane BNP Paribas upgraded the previous rating of Neutral to Outperform. For the first quarter, Activision Blizzard had an EPS of $0.60, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $87.01 and a 52-week-low of $70.94. At the end of the last trading period, Activision Blizzard closed at $77.61.

For Live Oak Bancshares Inc LOB, JP Morgan upgraded the previous rating of Underweight to Neutral. For the first quarter, Live Oak Bancshares had an EPS of $0.01, compared to year-ago quarter EPS of $0.76. The stock has a 52-week-high of $48.38 and a 52-week-low of $17.30. At the end of the last trading period, Live Oak Bancshares closed at $23.09.

Stifel upgraded the previous rating for Waste Management Inc WM from Hold to Buy. For the first quarter, Waste Management had an EPS of $1.31, compared to year-ago quarter EPS of $1.29. The current stock performance of Waste Management shows a 52-week-high of $175.81 and a 52-week-low of $138.90. Moreover, at the end of the last trading period, the closing price was at $161.63.

According to Wedbush, the prior rating for Intel Corp INTC was changed from Underperform to Neutral. Intel earned $0.04 in the first quarter, compared to $0.87 in the year-ago quarter. The stock has a 52-week-high of $47.27 and a 52-week-low of $24.59. At the end of the last trading period, Intel closed at $29.86.

Stephens & Co. upgraded the previous rating for Fidelity National Information Services Inc FIS from Equal-Weight to Overweight. Fidelity National Info earned $1.29 in the first quarter, compared to $1.47 in the year-ago quarter. The current stock performance of Fidelity National Info shows a 52-week-high of $106.64 and a 52-week-low of $48.57. Moreover, at the end of the last trading period, the closing price was at $56.31.

RBC Capital upgraded the previous rating for International Paper Co IP from Sector Perform to Outperform. For the first quarter, International Paper had an EPS of $0.53, compared to year-ago quarter EPS of $0.76. The current stock performance of International Paper shows a 52-week-high of $49.31 and a 52-week-low of $30.69. Moreover, at the end of the last trading period, the closing price was at $33.01.

Wolfe Research upgraded the previous rating for Mobileye Global Inc MBLY from Peer Perform to Outperform. Mobileye Global earned $0.14 in the first quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $48.11 and a 52-week-low of $24.86. At the end of the last trading period, Mobileye Global closed at $36.14.

According to Jefferies, the prior rating for Masco Corp MAS was changed from Hold to Buy. Masco earned $0.87 in the first quarter, compared to $0.95 in the year-ago quarter. The stock has a 52-week-high of $58.15 and a 52-week-low of $42.33. At the end of the last trading period, Masco closed at $52.89.

For Fortune Brands Innovations Inc FBIN, Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, Fortune Brands had an EPS of $0.69, compared to year-ago quarter EPS of $0.91. At the moment, the stock has a 52-week-high of $67.71 and a 52-week-low of $50.98. Fortune Brands closed at $63.15 at the end of the last trading period.

B of A Securities upgraded the previous rating for Hasbro Inc HAS from Underperform to Neutral. In the first quarter, Hasbro showed an EPS of $0.01, compared to $0.57 from the year-ago quarter. At the moment, the stock has a 52-week-high of $94.22 and a 52-week-low of $45.75. Hasbro closed at $58.93 at the end of the last trading period.

For Hello Group Inc MOMO, UBS upgraded the previous rating of Neutral to Buy. In the fourth quarter, Hello Gr showed an EPS of $0.36, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.54 and a 52-week-low of $4.10. Hello Gr closed at $7.78 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Sangamo Therapeutics Inc SGMO, B of A Securities downgraded the previous rating of Neutral to Underperform. The current stock performance of Sangamo Therapeutics shows a 52-week-high of $6.41 and a 52-week-low of $1.35. Moreover, at the end of the last trading period, the closing price was at $1.60.

DA Davidson downgraded the previous rating for Tyler Technologies Inc TYL from Buy to Neutral. In the first quarter, Tyler Technologies showed an EPS of $1.76, compared to $1.90 from the year-ago quarter. The current stock performance of Tyler Technologies shows a 52-week-high of $424.89 and a 52-week-low of $281.32. Moreover, at the end of the last trading period, the closing price was at $386.20.

For Reliance Steel & Aluminum Co RS, Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the first quarter, Reliance Steel & Aluminum showed an EPS of $6.37, compared to $8.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $264.42 and a 52-week-low of $160.42. Reliance Steel & Aluminum closed at $256.49 at the end of the last trading period.

According to B of A Securities, the prior rating for BanColombia SA CIB was changed from Buy to Neutral. In the fourth quarter, BanColombia showed an EPS of $1.42, compared to $0.32 from the year-ago quarter. The current stock performance of BanColombia shows a 52-week-high of $46.32 and a 52-week-low of $21.55. Moreover, at the end of the last trading period, the closing price was at $23.99.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Canaccord Genuity initiated coverage on Amyris Inc AMRS. The price target seems to have been set at $1.50 for Amyris. For the fourth quarter, Amyris had an EPS of $0.46, compared to year-ago quarter EPS of $0.33. At the moment, the stock has a 52-week-high of $4.86 and a 52-week-low of $0.70. Amyris closed at $0.78 at the end of the last trading period.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Disc Medicine Inc IRON. The price target seems to have been set at $45.00 for Disc Medicine. NoneAt the moment, the stock has a 52-week-high of $211.50 and a 52-week-low of $13.50. Disc Medicine closed at $32.24 at the end of the last trading period.

Gordon Haskett initiated coverage on Petco Health and Wellness Co Inc WOOF with a Hold rating. The price target for Petco Health and Wellness is set to $10.00. In the fourth quarter, Petco Health and Wellness showed an EPS of $0.23, compared to $0.28 from the year-ago quarter. The current stock performance of Petco Health and Wellness shows a 52-week-high of $21.27 and a 52-week-low of $7.59. Moreover, at the end of the last trading period, the closing price was at $9.73.

With an Accumulate rating, Gordon Haskett initiated coverage on Academy Sports and Outdoors Inc ASO. The price target seems to have been set at $73.00 for Academy Sports. Academy Sports earned $2.04 in the fourth quarter, compared to $1.61 in the year-ago quarter. The stock has a 52-week-high of $69.02 and a 52-week-low of $25.11. At the end of the last trading period, Academy Sports closed at $63.93.

With an Overweight rating, JP Morgan initiated coverage on bluebird bio Inc BLUE. The price target seems to have been set at $7.00 for bluebird bio. For the fourth quarter, bluebird bio had an EPS of $0.82, compared to year-ago quarter EPS of $2.14. At the moment, the stock has a 52-week-high of $8.58 and a 52-week-low of $2.78. bluebird bio closed at $3.68 at the end of the last trading period.

With an Overweight rating, JP Morgan initiated coverage on Royal Caribbean Group RCL. The price target seems to have been set at $94.00 for Royal Caribbean Gr. In the fourth quarter, Royal Caribbean Gr showed an EPS of $1.12, compared to $4.78 from the year-ago quarter. The current stock performance of Royal Caribbean Gr shows a 52-week-high of $81.36 and a 52-week-low of $31.09. Moreover, at the end of the last trading period, the closing price was at $61.66.

With a Neutral rating, JP Morgan initiated coverage on Norwegian Cruise Line Holdings Ltd NCLH. The price target seems to have been set at $15.00 for Norwegian Cruise Line. Norwegian Cruise Line earned $1.04 in the fourth quarter, compared to $1.95 in the year-ago quarter. The current stock performance of Norwegian Cruise Line shows a 52-week-high of $21.05 and a 52-week-low of $10.31. Moreover, at the end of the last trading period, the closing price was at $12.83.

JP Morgan initiated coverage on Carnival Corp CCL with a Neutral rating. The price target for Carnival is set to $11.00. In the first quarter, Carnival showed an EPS of $0.55, compared to $1.66 from the year-ago quarter. The current stock performance of Carnival shows a 52-week-high of $18.20 and a 52-week-low of $6.12. Moreover, at the end of the last trading period, the closing price was at $8.90.

With a Buy rating, Maxim Group initiated coverage on Ondas Holdings Inc ONDS. The price target seems to have been set at $2.00 for Ondas Holdings. For the fourth quarter, Ondas Holdings had an EPS of $0.44, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $8.30 and a 52-week-low of $0.78. At the end of the last trading period, Ondas Holdings closed at $0.94.

With an Outperform rating, Wedbush initiated coverage on Oculis Holding AG OCS. The price target seems to have been set at $27.00 for Oculis Holding. The stock has a 52-week-high of $13.95 and a 52-week-low of $6.26. At the end of the last trading period, Oculis Holding closed at $10.86.

With a Buy rating, Craig-Hallum initiated coverage on Evolv Technologies Holdings Inc EVLV. The price target seems to have been set at $6.00 for Evolv Technologies. For the fourth quarter, Evolv Technologies had an EPS of $0.12, compared to year-ago quarter EPS of $0.02. The current stock performance of Evolv Technologies shows a 52-week-high of $3.94 and a 52-week-low of $1.75. Moreover, at the end of the last trading period, the closing price was at $3.37.

With an Outperform rating, Baird initiated coverage on Cogent Biosciences Inc COGT. The price target seems to have been set at $20.00 for Cogent Biosciences. Cogent Biosciences earned $0.56 in the fourth quarter, compared to $0.62 in the year-ago quarter. The stock has a 52-week-high of $18.03 and a 52-week-low of $3.79. At the end of the last trading period, Cogent Biosciences closed at $10.75.

With a Buy rating, Berenberg initiated coverage on MicroStrategy Inc MSTR. The price target seems to have been set at $430.00 for MicroStrategy. For the fourth quarter, MicroStrategy had an EPS of $20.51, compared to year-ago quarter EPS of $8.41. The current stock performance of MicroStrategy shows a 52-week-high of $410.00 and a 52-week-low of $132.56. Moreover, at the end of the last trading period, the closing price was at $318.64.

See all analyst ratings initiations.