Benzinga's Top Ratings Upgrades, Downgrades For June 15, 2023

Upgrades

For OGE Energy Corp OGE, Ladenburg Thalmann upgraded the previous rating of Neutral to Buy. In the first quarter, OGE Energy showed an EPS of $0.19, compared to $1.39 from the year-ago quarter. The stock has a 52-week-high of $42.91 and a 52-week-low of $33.28. At the end of the last trading period, OGE Energy closed at $36.21.

Scotiabank upgraded the previous rating for Eversource Energy ES from Sector Perform to Sector Outperform. For the first quarter, Eversource Energy had an EPS of $1.41, compared to year-ago quarter EPS of $1.28. The stock has a 52-week-high of $94.21 and a 52-week-low of $67.79. At the end of the last trading period, Eversource Energy closed at $69.90.

For Esperion Therapeutics Inc ESPR, B of A Securities upgraded the previous rating of Underperform to Buy. Esperion Therapeutics earned $0.79 in the first quarter, compared to $0.93 in the year-ago quarter. The current stock performance of Esperion Therapeutics shows a 52-week-high of $8.85 and a 52-week-low of $1.12. Moreover, at the end of the last trading period, the closing price was at $1.23.

According to Mizuho, the prior rating for Verastem Inc VSTM was changed from Neutral to Buy. Verastem earned $1.08 in the first quarter, compared to $0.96 in the year-ago quarter. The stock has a 52-week-high of $17.46 and a 52-week-low of $3.47. At the end of the last trading period, Verastem closed at $9.32.

For Corning Inc GLW, Citigroup upgraded the previous rating of Neutral to Buy. In the first quarter, Corning showed an EPS of $0.41, compared to $0.54 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.72 and a 52-week-low of $28.98. Corning closed at $33.24 at the end of the last trading period.

According to Deutsche Bank, the prior rating for SkyWest Inc SKYW was changed from Hold to Buy. In the first quarter, SkyWest showed an EPS of $0.45, compared to $0.35 from the year-ago quarter. The current stock performance of SkyWest shows a 52-week-high of $37.92 and a 52-week-low of $14.76. Moreover, at the end of the last trading period, the closing price was at $36.90.

According to Stifel, the prior rating for GURU Organic Energy Corp GUROF was changed from Hold to Buy.

According to Deutsche Bank, the prior rating for Allegiant Travel Co ALGT was changed from Hold to Buy. In the first quarter, Allegiant Travel showed an EPS of $3.04, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $125.27 and a 52-week-low of $62.98. Allegiant Travel closed at $114.79 at the end of the last trading period.

Stifel upgraded the previous rating for Domino's Pizza Inc DPZ from Hold to Buy. In the first quarter, Domino's Pizza showed an EPS of $2.93, compared to $2.50 from the year-ago quarter. The stock has a 52-week-high of $425.75 and a 52-week-low of $285.84. At the end of the last trading period, Domino's Pizza closed at $305.72.

HSBC upgraded the previous rating for Emerson Electric Co EMR from Hold to Buy. For the second quarter, Emerson Electric had an EPS of $1.09, compared to year-ago quarter EPS of $1.29. 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 $85.84.

According to Piper Sandler, the prior rating for Accenture PLC ACN was changed from Underweight to Neutral. In the second quarter, Accenture showed an EPS of $2.69, compared to $2.54 from the year-ago quarter. At the moment, the stock has a 52-week-high of $322.76 and a 52-week-low of $242.80. Accenture closed at $315.05 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Guggenheim, the prior rating for Confluent Inc CFLT was changed from Buy to Neutral. In the first quarter, Confluent showed an EPS of $0.09, compared to $0.19 from the year-ago quarter. The current stock performance of Confluent shows a 52-week-high of $37.51 and a 52-week-low of $16.60. Moreover, at the end of the last trading period, the closing price was at $34.57.

Janney Montgomery Scott downgraded the previous rating for Zions Bancorp NA ZION from Buy to Neutral. In the first quarter, Zions Bancorp showed an EPS of $1.33, compared to $1.27 from the year-ago quarter. At the moment, the stock has a 52-week-high of $59.74 and a 52-week-low of $18.26. Zions Bancorp closed at $28.06 at the end of the last trading period.

For SoFi Technologies Inc SOFI, Oppenheimer downgraded the previous rating of Outperform to Perform. For the first quarter, SoFi Techs had an EPS of $0.05, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $10.23 and a 52-week-low of $4.25. SoFi Techs closed at $9.74 at the end of the last trading period.

According to Barclays, the prior rating for Bright Health Group Inc BHG was changed from Overweight to Underweight. For the first quarter, Bright Health Gr had an EPS of $14.40, compared to year-ago quarter EPS of $25.60. At the moment, the stock has a 52-week-high of $171.20 and a 52-week-low of $7.57. Bright Health Gr closed at $11.28 at the end of the last trading period.

Deutsche Bank downgraded the previous rating for Gol Intelligent Airlines Inc GOL from Buy to Hold. For the first quarter, Gol Intelligent Airlines had an EPS of $0.13, compared to year-ago quarter EPS of $0.67. At the moment, the stock has a 52-week-high of $4.76 and a 52-week-low of $2.00. Gol Intelligent Airlines closed at $4.59 at the end of the last trading period.

For Redwood Trust Inc RWT, Piper Sandler downgraded the previous rating of Overweight to Neutral. Redwood Trust earned $0.11 in the first quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.91 and a 52-week-low of $5.47. Redwood Trust closed at $6.49 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Diageo PLC DEO was changed from Buy to Neutral. The stock has a 52-week-high of $194.01 and a 52-week-low of $160.09. At the end of the last trading period, Diageo closed at $172.79.

See all analyst ratings downgrades.

Initiations

With a Buy rating, B of A Securities initiated coverage on S&P Global Inc SPGI. The price target seems to have been set at $465.00 for S&P Global. In the first quarter, S&P Global showed an EPS of $3.15, compared to $2.89 from the year-ago quarter. The current stock performance of S&P Global shows a 52-week-high of $395.60 and a 52-week-low of $279.83. Moreover, at the end of the last trading period, the closing price was at $393.09.

B of A Securities initiated coverage on Moody's Corporation MCO with a Buy rating. The price target for Moody's is set to $400.00. Moody's earned $2.99 in the first quarter, compared to $2.89 in the year-ago quarter. The stock has a 52-week-high of $343.12 and a 52-week-low of $230.64. At the end of the last trading period, Moody's closed at $340.71.

With an Underperform rating, B of A Securities initiated coverage on MSCI Inc MSCI. The price target seems to have been set at $470.00 for MSCI. For the first quarter, MSCI had an EPS of $3.14, compared to year-ago quarter EPS of $2.98. At the moment, the stock has a 52-week-high of $572.50 and a 52-week-low of $380.37. MSCI closed at $486.20 at the end of the last trading period.

TD Cowen initiated coverage on Cullinan Oncology Inc CGEM with an Outperform rating. For the first quarter, Cullinan Oncology had an EPS of $1.42, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $15.83 and a 52-week-low of $7.78. At the end of the last trading period, Cullinan Oncology closed at $11.77.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Kimball Electronics Inc KE. The price target seems to have been set at $34.00 for Kimball Electronics. For the third quarter, Kimball Electronics had an EPS of $0.65, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $28.18 and a 52-week-low of $17.12. At the end of the last trading period, Kimball Electronics closed at $26.89.

With a Buy rating, Jefferies initiated coverage on AeroVironment Inc AVAV. The price target seems to have been set at $115.00 for AeroVironment. For the third quarter, AeroVironment had an EPS of $0.33, compared to year-ago quarter EPS of $0.32. The stock has a 52-week-high of $112.39 and a 52-week-low of $70.08. At the end of the last trading period, AeroVironment closed at $94.22.

BTIG initiated coverage on Beyond Air Inc XAIR with a Buy rating. The price target for Beyond Air is set to $15.00. In the third quarter, Beyond Air showed an EPS of $0.43, compared to $0.29 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.75 and a 52-week-low of $4.97. Beyond Air closed at $5.73 at the end of the last trading period.

With an Overweight rating, Wells Fargo initiated coverage on CubeSmart CUBE. The price target seems to have been set at $50.00 for CubeSmart. For the first quarter, CubeSmart had an EPS of $0.65, compared to year-ago quarter EPS of $0.58. The stock has a 52-week-high of $51.05 and a 52-week-low of $36.85. At the end of the last trading period, CubeSmart closed at $43.74.

Wells Fargo initiated coverage on National Storage Affiliates Trust NSA with an Underweight rating. The price target for National Storage is set to $36.00. National Storage earned $0.66 in the first quarter, compared to $0.68 in the year-ago quarter. The current stock performance of National Storage shows a 52-week-high of $58.10 and a 52-week-low of $34.90. Moreover, at the end of the last trading period, the closing price was at $35.14.

With a Buy rating, B of A Securities initiated coverage on OneMain Holdings Inc OMF. The price target seems to have been set at $49.00 for OneMain Holdings. OneMain Holdings earned $1.46 in the first quarter, compared to $2.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.99 and a 52-week-low of $28.80. OneMain Holdings closed at $42.16 at the end of the last trading period.

Stifel initiated coverage on Tecnoglass Inc TGLS with a Buy rating. The price target for Tecnoglass is set to $60.00. For the first quarter, Tecnoglass had an EPS of $1.08, compared to year-ago quarter EPS of $0.53. The current stock performance of Tecnoglass shows a 52-week-high of $49.06 and a 52-week-low of $16.15. Moreover, at the end of the last trading period, the closing price was at $44.53.

With a Equal-Weight rating, Morgan Stanley initiated coverage on Organogenesis Holdings Inc ORGO. The price target seems to have been set at $5.00 for Organogenesis Hldgs. Organogenesis Hldgs earned $0.01 in the first quarter, compared to $0.01 in the year-ago quarter. The stock has a 52-week-high of $6.52 and a 52-week-low of $1.79. At the end of the last trading period, Organogenesis Hldgs closed at $4.30.

Barclays initiated coverage on MoonLake Immunotherapeutics MLTX with a Equal-Weight rating. The price target for MoonLake is set to $28.00. In the first quarter, MoonLake showed an EPS of $0.23, compared to $0.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.31 and a 52-week-low of $4.58. MoonLake closed at $26.83 at the end of the last trading period.

Barclays initiated coverage on RAPT Therapeutics Inc RAPT with an Overweight rating. The price target for RAPT Therapeutics is set to $35.00. RAPT Therapeutics earned $0.76 in the first quarter, compared to $0.69 in the year-ago quarter. The stock has a 52-week-high of $32.22 and a 52-week-low of $13.79. At the end of the last trading period, RAPT Therapeutics closed at $21.10.

JP Morgan initiated coverage on Denbury Inc DEN with a Neutral rating. The price target for Denbury is set to $96.00. In the first quarter, Denbury showed an EPS of $1.36, compared to $1.69 from the year-ago quarter. The stock has a 52-week-high of $104.05 and a 52-week-low of $56.63. At the end of the last trading period, Denbury closed at $88.02.

With a Buy rating, Guggenheim initiated coverage on Mersana Therapeutics Inc MRSN. The price target seems to have been set at $14.00 for Mersana Therapeutics. Mersana Therapeutics earned $0.52 in the first quarter, compared to $0.59 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.62 and a 52-week-low of $2.92. Mersana Therapeutics closed at $9.55 at the end of the last trading period.

See all analyst ratings initiations.