Benzinga's Top Ratings Upgrades, Downgrades For June 9, 2023

Upgrades

Stifel upgraded the previous rating for Repare Therapeutics Inc RPTX from Hold to Buy. Repare Therapeutics earned $0.83 in the first quarter, compared to $0.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.59 and a 52-week-low of $8.53. Repare Therapeutics closed at $11.92 at the end of the last trading period.

According to Canaccord Genuity, the prior rating for Triple Flag Precious Metals Corp TFPM was changed from Hold to Buy.

For Vertiv Holdings Co VRT, Vertical Research upgraded the previous rating of Hold to Buy. For the first quarter, Vertiv Hldgs had an EPS of $0.24, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $20.68 and a 52-week-low of $7.76. Vertiv Hldgs closed at $20.58 at the end of the last trading period.

According to Wells Fargo, the prior rating for Adobe Inc ADBE was changed from Equal-Weight to Overweight. Adobe earned $3.80 in the first quarter, compared to $3.37 in the year-ago quarter. The current stock performance of Adobe shows a 52-week-high of $451.09 and a 52-week-low of $274.80. Moreover, at the end of the last trading period, the closing price was at $439.03.

Daiwa Capital upgraded the previous rating for Trip.com Group Ltd TCOM from Outperform to Buy. Trip.com Group earned $0.45 in the first quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.17 and a 52-week-low of $19.26. Trip.com Group closed at $36.15 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Corning Inc GLW was changed from Equal-Weight to Overweight. For the first quarter, Corning had an EPS of $0.41, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $37.72 and a 52-week-low of $28.98. At the end of the last trading period, Corning closed at $31.68.

For Equity Residential EQR, Piper Sandler upgraded the previous rating of Underweight to Neutral. For the first quarter, Equity Residential had an EPS of $0.87, compared to year-ago quarter EPS of $0.77. At the moment, the stock has a 52-week-high of $80.87 and a 52-week-low of $54.60. Equity Residential closed at $65.23 at the end of the last trading period.

For Trip.com Group Ltd TCOM, China Renaissance upgraded the previous rating of Hold to Buy. In the first quarter, Trip.com Group showed an EPS of $0.45, compared to $0.01 from the year-ago quarter. The current stock performance of Trip.com Group shows a 52-week-high of $40.17 and a 52-week-low of $19.26. Moreover, at the end of the last trading period, the closing price was at $36.15.

For Principal Financial Group Inc PFG, Keefe, Bruyette & Woods upgraded the previous rating of Underperform to Market Perform. In the first quarter, Principal Finl Gr showed an EPS of $1.48, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $96.12 and a 52-week-low of $61.06. At the end of the last trading period, Principal Finl Gr closed at $70.83.

See all analyst ratings upgrades.

Downgrades

For Celanese Corp CE, Vertical Research downgraded the previous rating of Buy to Hold. Celanese earned $2.01 in the first quarter, compared to $5.54 in the year-ago quarter. The stock has a 52-week-high of $160.38 and a 52-week-low of $86.73. At the end of the last trading period, Celanese closed at $115.64.

According to Evercore ISI Group, the prior rating for Park Hotels & Resorts Inc PK was changed from Outperform to In-Line. Park Hotels & Resorts earned $0.42 in the first quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $19.43 and a 52-week-low of $10.70. At the end of the last trading period, Park Hotels & Resorts closed at $14.24.

Citigroup downgraded the previous rating for Target Corp TGT from Buy to Neutral. In the first quarter, Target showed an EPS of $2.05, compared to $2.19 from the year-ago quarter. The current stock performance of Target shows a 52-week-high of $183.84 and a 52-week-low of $126.75. Moreover, at the end of the last trading period, the closing price was at $131.27.

For UiPath Inc PATH, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. UiPath earned $0.11 in the first quarter, compared to $0.03 in the year-ago quarter. The current stock performance of UiPath shows a 52-week-high of $22.30 and a 52-week-low of $10.40. Moreover, at the end of the last trading period, the closing price was at $18.27.

According to Piper Sandler, the prior rating for Qualys Inc QLYS was changed from Neutral to Underweight. In the first quarter, Qualys showed an EPS of $1.09, compared to $0.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $162.36 and a 52-week-low of $101.10. Qualys closed at $128.35 at the end of the last trading period.

According to Piper Sandler, the prior rating for First Northwest Bancorp FNWB was changed from Overweight to Neutral. For the first quarter, First Northwest Bancorp had an EPS of $0.39, compared to year-ago quarter EPS of $0.30. The current stock performance of First Northwest Bancorp shows a 52-week-high of $17.25 and a 52-week-low of $9.94. Moreover, at the end of the last trading period, the closing price was at $11.85.

For Mayville Engineering Co Inc MEC, Baird downgraded the previous rating of Outperform to Neutral. Mayville Engineering earned $0.12 in the first quarter, compared to $0.15 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 $14.63 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Alliance Global Partners initiated coverage on UpHealth Inc UPH with a Buy rating. The price target for UpHealth is set to $4.30. For the first quarter, UpHealth had an EPS of $0.51, compared to year-ago quarter EPS of $0.60. At the moment, the stock has a 52-week-high of $9.49 and a 52-week-low of $1.27. UpHealth closed at $1.50 at the end of the last trading period.

With a Buy rating, DA Davidson initiated coverage on Knife River Holding Co KNF. The price target seems to have been set at $48.00 for Knife River Holding. The current stock performance of Knife River Holding shows a 52-week-high of $41.98 and a 52-week-low of $33.67. Moreover, at the end of the last trading period, the closing price was at $40.98.

With a Buy rating, Truist Securities initiated coverage on Leonardo DRS Inc DRS. The price target seems to have been set at $19.00 for Leonardo DRS. Leonardo DRS earned $0.07 in the first quarter, compared to $0.19 in the year-ago quarter. The current stock performance of Leonardo DRS shows a 52-week-high of $16.72 and a 52-week-low of $9.11. Moreover, at the end of the last trading period, the closing price was at $16.67.

Susquehanna initiated coverage on RXO Inc RXO with a Neutral rating. The price target for RXO is set to $20.00. In the first quarter, RXO showed an EPS of $0.11, compared to $0.39 from the year-ago quarter. The current stock performance of RXO shows a 52-week-high of $22.80 and a 52-week-low of $14.75. Moreover, at the end of the last trading period, the closing price was at $22.29.

With a Buy rating, Canaccord Genuity initiated coverage on Eve Holding Inc EVEX. The price target seems to have been set at $10.00 for Eve Holding. At the moment, the stock has a 52-week-high of $13.26 and a 52-week-low of $5.10. Eve Holding closed at $8.00 at the end of the last trading period.

With a Hold rating, Canaccord Genuity initiated coverage on Lilium NV LILM. The price target seems to have been set at $1.20 for Lilium. NoneAt the moment, the stock has a 52-week-high of $3.37 and a 52-week-low of $0.37. Lilium closed at $1.09 at the end of the last trading period.

Canaccord Genuity initiated coverage on Vertical Aerospace Ltd EVTL with a Hold rating. The price target for Vertical Aerospace is set to $2.00. At the moment, the stock has a 52-week-high of $11.51 and a 52-week-low of $1.41. Vertical Aerospace closed at $1.88 at the end of the last trading period.

Canaccord Genuity initiated coverage on Joby Aviation Inc JOBY with a Buy rating. The price target for Joby Aviation is set to $8.00. In the first quarter, Joby Aviation showed an EPS of $0.19, compared to $0.11 from the year-ago quarter. The current stock performance of Joby Aviation shows a 52-week-high of $7.14 and a 52-week-low of $3.15. Moreover, at the end of the last trading period, the closing price was at $6.26.

Canaccord Genuity initiated coverage on Archer Aviation Inc ACHR with a Buy rating. The price target for Archer Aviation is set to $9.00. Archer Aviation earned $0.46 in the first quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $4.96 and a 52-week-low of $1.62. At the end of the last trading period, Archer Aviation closed at $3.06.

Roth MKM initiated coverage on Vision Marine Technologies Inc VMAR with a Buy rating. The price target for Vision Marine is set to $6.00. In the second quarter, Vision Marine showed an EPS of $0.57, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.74 and a 52-week-low of $3.35. Vision Marine closed at $5.05 at the end of the last trading period.

With a Buy rating, B. Riley Securities initiated coverage on Loop Media Inc LPTV. The price target seems to have been set at $5.00 for Loop Media. In the second quarter, Loop Media showed an EPS of $0.17, compared to $0.11 from the year-ago quarter. The current stock performance of Loop Media shows a 52-week-high of $12.30 and a 52-week-low of $2.68. Moreover, at the end of the last trading period, the closing price was at $2.70.

See all analyst ratings initiations.