Benzinga's Top Ratings Upgrades, Downgrades For June 2, 2023

Upgrades

For Surgery Partners Inc SGRY, B of A Securities upgraded the previous rating of Neutral to Buy. In the first quarter, Surgery Partners showed an EPS of $0.08, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $41.80 and a 52-week-low of $20.46. Surgery Partners closed at $38.16 at the end of the last trading period.

Wells Fargo upgraded the previous rating for Elastic NV ESTC from Underweight to Equal-Weight. For the fourth quarter, Elastic had an EPS of $0.22, compared to year-ago quarter EPS of $0.16. The current stock performance of Elastic shows a 52-week-high of $91.19 and a 52-week-low of $46.18. Moreover, at the end of the last trading period, the closing price was at $71.66.

For Kinsale Capital Group Inc KNSL, BMO Capital upgraded the previous rating of Underperform to Outperform. For the first quarter, Kinsale Cap Gr had an EPS of $2.44, compared to year-ago quarter EPS of $1.63. The current stock performance of Kinsale Cap Gr shows a 52-week-high of $345.75 and a 52-week-low of $202.81. Moreover, at the end of the last trading period, the closing price was at $312.48.

Itau BBA upgraded the previous rating for Banco De Chile BCH from Market Perform to Outperform. Banco De Chile earned $0.66 in the first quarter, compared to $0.74 in the year-ago quarter. The current stock performance of Banco De Chile shows a 52-week-high of $22.97 and a 52-week-low of $15.69. Moreover, at the end of the last trading period, the closing price was at $20.80.

For EPR Properties EPR, Keybanc upgraded the previous rating of Sector Weight to Overweight. EPR Props earned $1.26 in the first quarter, compared to $1.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $55.90 and a 52-week-low of $33.92. EPR Props closed at $41.35 at the end of the last trading period.

For FibroGen Inc FGEN, Stifel upgraded the previous rating of Hold to Buy. FibroGen earned $0.81 in the first quarter, compared to $0.68 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.69 and a 52-week-low of $8.69. FibroGen closed at $17.32 at the end of the last trading period.

Morgan Stanley upgraded the previous rating for The Trade Desk Inc TTD from Equal-Weight to Overweight. For the first quarter, Trade Desk had an EPS of $0.23, compared to year-ago quarter EPS of $0.21. The stock has a 52-week-high of $76.74 and a 52-week-low of $39.01. At the end of the last trading period, Trade Desk closed at $73.26.

See all analyst ratings upgrades.

Downgrades

According to Atlantic Equities, the prior rating for Dollar General Corp DG was changed from Overweight to Neutral. For the first quarter, Dollar Gen had an EPS of $2.34, compared to year-ago quarter EPS of $2.41. The stock has a 52-week-high of $261.57 and a 52-week-low of $159.12. At the end of the last trading period, Dollar Gen closed at $161.86.

For SentinelOne Inc S, BTIG downgraded the previous rating of Buy to Neutral. For the first quarter, SentinelOne had an EPS of $0.15, compared to year-ago quarter EPS of $0.21. The current stock performance of SentinelOne shows a 52-week-high of $30.00 and a 52-week-low of $12.69. Moreover, at the end of the last trading period, the closing price was at $20.72.

DA Davidson downgraded the previous rating for Asana Inc ASAN from Buy to Neutral. In the first quarter, Asana showed an EPS of $0.09, compared to $0.30 from the year-ago quarter. The current stock performance of Asana shows a 52-week-high of $29.50 and a 52-week-low of $11.32. Moreover, at the end of the last trading period, the closing price was at $22.85.

WestPark Capital downgraded the previous rating for SentinelOne Inc S from Buy to Hold. SentinelOne earned $0.15 in the first quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.00 and a 52-week-low of $12.69. SentinelOne closed at $20.72 at the end of the last trading period.

TD Cowen downgraded the previous rating for BRP Inc DOOO from Buy to Hold. BRP earned $1.76 in the first quarter, compared to $1.31 in the year-ago quarter. The current stock performance of BRP shows a 52-week-high of $90.42 and a 52-week-low of $58.96. Moreover, at the end of the last trading period, the closing price was at $70.84.

Craig-Hallum downgraded the previous rating for PagerDuty Inc PD from Buy to Hold. For the first quarter, PagerDuty had an EPS of $0.20, compared to year-ago quarter EPS of $0.04. The current stock performance of PagerDuty shows a 52-week-high of $35.33 and a 52-week-low of $19.53. Moreover, at the end of the last trading period, the closing price was at $27.75.

According to DA Davidson, the prior rating for SentinelOne Inc S was changed from Buy to Neutral. SentinelOne earned $0.15 in the first quarter, compared to $0.21 in the year-ago quarter. The current stock performance of SentinelOne shows a 52-week-high of $30.00 and a 52-week-low of $12.69. Moreover, at the end of the last trading period, the closing price was at $20.72.

According to JP Morgan, the prior rating for Valvoline Inc VVV was changed from Overweight to Neutral. For the second quarter, Valvoline had an EPS of $0.23, compared to year-ago quarter EPS of $0.48. The current stock performance of Valvoline shows a 52-week-high of $39.67 and a 52-week-low of $24.41. Moreover, at the end of the last trading period, the closing price was at $38.83.

According to JP Morgan, the prior rating for Xcel Energy Inc XEL was changed from Overweight to Neutral. For the first quarter, Xcel Energy had an EPS of $0.76, compared to year-ago quarter EPS of $0.70. The stock has a 52-week-high of $77.63 and a 52-week-low of $56.92. At the end of the last trading period, Xcel Energy closed at $63.55.

Canaccord Genuity downgraded the previous rating for SentinelOne Inc S from Buy to Hold. In the first quarter, SentinelOne showed an EPS of $0.15, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.00 and a 52-week-low of $12.69. SentinelOne closed at $20.72 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Xcel Energy Inc XEL from Outperform to Peer Perform. Xcel Energy earned $0.76 in the first quarter, compared to $0.70 in the year-ago quarter. At the moment, the stock has a 52-week-high of $77.63 and a 52-week-low of $56.92. Xcel Energy closed at $63.55 at the end of the last trading period.

For Warner Music Group Corp WMG, Atlantic Equities downgraded the previous rating of Overweight to Neutral. Warner Music Gr earned $0.20 in the second quarter, compared to $0.22 in the year-ago quarter. The stock has a 52-week-high of $38.76 and a 52-week-low of $21.57. At the end of the last trading period, Warner Music Gr closed at $24.39.

Goldman Sachs downgraded the previous rating for Ginkgo Bioworks Holdings Inc DNA from Neutral to Sell. Ginkgo Bioworks Holdings earned $0.11 in the first quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $4.91 and a 52-week-low of $1.12. At the end of the last trading period, Ginkgo Bioworks Holdings closed at $1.68.

For Cue Health Inc HLTH, Goldman Sachs downgraded the previous rating of Buy to Neutral. In the first quarter, Cue Health showed an EPS of $0.48, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.46 and a 52-week-low of $0.60. Cue Health closed at $0.71 at the end of the last trading period.

According to Piper Sandler, the prior rating for Dollar General Corp DG was changed from Overweight to Neutral. Dollar Gen earned $2.34 in the first quarter, compared to $2.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $261.57 and a 52-week-low of $159.12. Dollar Gen closed at $161.86 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Jefferies initiated coverage on Praxis Precision Medicines Inc PRAX. The price target seems to have been set at $4.00 for Praxis Precision Medicine. Praxis Precision Medicine earned $0.71 in the first quarter, compared to $1.51 in the year-ago quarter. The current stock performance of Praxis Precision Medicine shows a 52-week-high of $8.75 and a 52-week-low of $0.79. Moreover, at the end of the last trading period, the closing price was at $0.88.

Truist Securities initiated coverage on Peakstone Realty Trust PKST with a Hold rating. The price target for Peakstone Realty Trust is set to $24.00. In the first quarter, Peakstone Realty Trust showed an EPS of $0.68, compared to $1.41 from the year-ago quarter. The stock has a 52-week-high of $47.00 and a 52-week-low of $8.00. At the end of the last trading period, Peakstone Realty Trust closed at $24.54.

Janney Montgomery Scott initiated coverage on Fluence Energy Inc FLNC with a Buy rating. The price target for Fluence Energy is set to $30.00. For the second quarter, Fluence Energy had an EPS of $0.21, compared to year-ago quarter EPS of $1.00. At the moment, the stock has a 52-week-high of $26.78 and a 52-week-low of $8.11. Fluence Energy closed at $24.20 at the end of the last trading period.

With a Market Perform rating, TD Cowen initiated coverage on Eos Energy Enterprises Inc EOSE. The price target seems to have been set at $2.50 for Eos Energy Enterprises. For the first quarter, Eos Energy Enterprises had an EPS of $0.82, compared to year-ago quarter EPS of $0.85. At the moment, the stock has a 52-week-high of $3.39 and a 52-week-low of $0.96. Eos Energy Enterprises closed at $2.31 at the end of the last trading period.

With an Outperform rating, Northland Capital Markets initiated coverage on Amprius Technologies Inc AMPX. The price target seems to have been set at $16.00 for Amprius Technologies. The stock has a 52-week-high of $23.12 and a 52-week-low of $4.15. At the end of the last trading period, Amprius Technologies closed at $7.65.

With a Buy rating, Needham initiated coverage on Movella Holdings Inc MVLA. The price target seems to have been set at $4.00 for Movella Holdings. The stock has a 52-week-high of $9.35 and a 52-week-low of $1.25. At the end of the last trading period, Movella Holdings closed at $2.47.

With a Buy rating, B. Riley Securities initiated coverage on Bowlero Corp BOWL. The price target seems to have been set at $18.00 for Bowlero. In the third quarter, Bowlero showed an EPS of $0.26, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $17.45 and a 52-week-low of $8.71. Bowlero closed at $11.33 at the end of the last trading period.

UBS initiated coverage on Automatic Data Processing Inc ADP with a Neutral rating. The price target for Automatic Data Processing is set to $230.00. Automatic Data Processing earned $2.52 in the third quarter, compared to $2.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $273.89 and a 52-week-low of $196.68. Automatic Data Processing closed at $211.81 at the end of the last trading period.

UBS initiated coverage on Paychex Inc PAYX with a Neutral rating. The price target for Paychex is set to $115.00. For the third quarter, Paychex had an EPS of $1.29, compared to year-ago quarter EPS of $1.15. The current stock performance of Paychex shows a 52-week-high of $139.45 and a 52-week-low of $104.09. Moreover, at the end of the last trading period, the closing price was at $107.20.

With a Buy rating, Stifel initiated coverage on Kopin Corp KOPN. The price target seems to have been set at $3.00 for Kopin. In the first quarter, Kopin showed an EPS of $0.03, compared to $0.02 from the year-ago quarter. The current stock performance of Kopin shows a 52-week-high of $2.50 and a 52-week-low of $0.94. Moreover, at the end of the last trading period, the closing price was at $2.27.

With a Neutral rating, Citigroup initiated coverage on Kura Sushi USA Inc KRUS. The price target seems to have been set at $88.00 for Kura Sushi USA. In the second quarter, Kura Sushi USA showed an EPS of $0.10, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $96.06 and a 52-week-low of $35.69. At the end of the last trading period, Kura Sushi USA closed at $84.47.

Stifel initiated coverage on Orla Mining Ltd ORLA with a Buy rating. The price target for Orla Mining is set to $7.25. For the first quarter, Orla Mining had an EPS of $0.04, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $5.02 and a 52-week-low of $2.31. Orla Mining closed at $4.47 at the end of the last trading period.

Baird initiated coverage on Regenxbio Inc RGNX with an Outperform rating. The price target for Regenxbio is set to $42.00. In the first quarter, Regenxbio showed an EPS of $1.53, compared to $1.79 from the year-ago quarter. The current stock performance of Regenxbio shows a 52-week-high of $35.55 and a 52-week-low of $17.02. Moreover, at the end of the last trading period, the closing price was at $18.56.

With a Buy rating, Stifel initiated coverage on Ascent Industries Co ACNT. The price target seems to have been set at $20.00 for Ascent Industries. Ascent Industries earned $0.51 in the first quarter, compared to $0.99 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.99 and a 52-week-low of $8.19. Ascent Industries closed at $9.62 at the end of the last trading period.

With an Outperform rating, Oppenheimer initiated coverage on Ambrx Biopharma Inc AMAM. The price target seems to have been set at $30.00 for Ambrx Biopharma. NoneThe stock has a 52-week-high of $15.29 and a 52-week-low of $0.38. At the end of the last trading period, Ambrx Biopharma closed at $14.53.

With a Buy rating, Stifel initiated coverage on Quaker Houghton KWR. The price target seems to have been set at $250.00 for Quaker Houghton. Quaker Houghton earned $1.89 in the first quarter, compared to $1.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $216.44 and a 52-week-low of $130.00. Quaker Houghton closed at $193.24 at the end of the last trading period.

Wedbush initiated coverage on Arbor Realty Trust Inc ABR with an Outperform rating. The price target for Arbor Realty Trust is set to $15.00. In the first quarter, Arbor Realty Trust showed an EPS of $0.62, compared to $0.55 from the year-ago quarter. The current stock performance of Arbor Realty Trust shows a 52-week-high of $16.76 and a 52-week-low of $10.10. Moreover, at the end of the last trading period, the closing price was at $12.85.

Oppenheimer initiated coverage on Acrivon Therapeutics Inc ACRV with an Outperform rating. The price target for Acrivon Therapeutics is set to $25.00. In the first quarter, Acrivon Therapeutics showed an EPS of $0.58, compared to $4.08 from the year-ago quarter. The stock has a 52-week-high of $25.47 and a 52-week-low of $8.06. At the end of the last trading period, Acrivon Therapeutics closed at $12.42.

See all analyst ratings initiations.