Benzinga's Top Ratings Upgrades, Downgrades For June 29, 2023

Upgrades

For OPKO Health Inc OPK, Barrington Research upgraded the previous rating of Market Perform to Outperform. For the first quarter, OPKO Health had an EPS of $0.02, compared to year-ago quarter EPS of $0.08. The current stock performance of OPKO Health shows a 52-week-high of $2.85 and a 52-week-low of $1.00. Moreover, at the end of the last trading period, the closing price was at $1.72.

For The RealReal Inc REAL, B of A Securities upgraded the previous rating of Underperform to Neutral. In the first quarter, RealReal showed an EPS of $0.36, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $3.71 and a 52-week-low of $1.00. At the end of the last trading period, RealReal closed at $1.81.

For Schneider National Inc SNDR, Susquehanna upgraded the previous rating of Neutral to Positive. For the first quarter, Schneider National had an EPS of $0.55, compared to year-ago quarter EPS of $0.57. The current stock performance of Schneider National shows a 52-week-high of $30.93 and a 52-week-low of $20.27. Moreover, at the end of the last trading period, the closing price was at $28.32.

Canaccord Genuity upgraded the previous rating for Intercept Pharmaceuticals Inc ICPT from Hold to Buy. In the first quarter, Intercept Pharma showed an EPS of $0.77, compared to $0.58 from the year-ago quarter. The current stock performance of Intercept Pharma shows a 52-week-high of $21.86 and a 52-week-low of $8.82. Moreover, at the end of the last trading period, the closing price was at $10.90.

Morgan Stanley upgraded the previous rating for FREYR Battery FREY from Equal-Weight to Overweight. In the first quarter, FREYR Battery showed an EPS of $0.09, compared to $0.30 from the year-ago quarter. The current stock performance of FREYR Battery shows a 52-week-high of $16.92 and a 52-week-low of $6.20. Moreover, at the end of the last trading period, the closing price was at $7.55.

National Bank Financial Inc upgraded the previous rating for Paramount Resources Ltd PRMRF from Outperform to Sector Perform. The current stock performance of Paramount Resources shows a 52-week-high of $26.15 and a 52-week-low of $16.21. Moreover, at the end of the last trading period, the closing price was at $21.70.

For Micron Technology Inc MU, Piper Sandler upgraded the previous rating of Underweight to Neutral. Micron Technology earned $1.43 in the third quarter, compared to $2.59 in the year-ago quarter. The stock has a 52-week-high of $74.77 and a 52-week-low of $48.43. At the end of the last trading period, Micron Technology closed at $67.07.

See all analyst ratings upgrades.

Downgrades

For Symbotic Inc SYM, UBS downgraded the previous rating of Buy to Neutral. In the second quarter, Symbotic showed an EPS of $0.10, compared to $5.61 from the year-ago quarter. The current stock performance of Symbotic shows a 52-week-high of $53.83 and a 52-week-low of $8.75. Moreover, at the end of the last trading period, the closing price was at $41.84.

According to Evercore ISI Group, the prior rating for Ashland Inc ASH was changed from Outperform to In-Line. In the second quarter, Ashland showed an EPS of $1.43, compared to $1.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $114.32 and a 52-week-low of $80.00. Ashland closed at $83.84 at the end of the last trading period.

Loop Capital downgraded the previous rating for RH RH from Buy to Hold. For the first quarter, RH had an EPS of $2.21, compared to year-ago quarter EPS of $6.63. The current stock performance of RH shows a 52-week-high of $351.53 and a 52-week-low of $207.65. Moreover, at the end of the last trading period, the closing price was at $310.44.

Loop Capital downgraded the previous rating for ContextLogic Inc WISH from Hold to Sell. ContextLogic earned $3.83 in the first quarter, compared to $1.80 in the year-ago quarter. The stock has a 52-week-high of $57.90 and a 52-week-low of $6.36. At the end of the last trading period, ContextLogic closed at $7.21.

For Citizens Financial Group Inc CFG, JP Morgan downgraded the previous rating of Overweight to Neutral. In the first quarter, Citizens Financial Group showed an EPS of $1.10, compared to $1.07 from the year-ago quarter. The current stock performance of Citizens Financial Group shows a 52-week-high of $44.82 and a 52-week-low of $23.37. Moreover, at the end of the last trading period, the closing price was at $25.66.

According to Credit Suisse, the prior rating for Pfizer Inc PFE was changed from Outperform to Neutral. Pfizer earned $1.23 in the first quarter, compared to $1.62 in the year-ago quarter. At the moment, the stock has a 52-week-high of $54.93 and a 52-week-low of $36.03. Pfizer closed at $36.29 at the end of the last trading period.

For Inter & Co Inc INTR, JP Morgan downgraded the previous rating of Overweight to Neutral. The stock has a 52-week-high of $4.63 and a 52-week-low of $1.37. At the end of the last trading period, Inter & Co closed at $3.02.

Keybanc downgraded the previous rating for The Walt Disney Co DIS from Overweight to Sector Weight. For the second quarter, Walt Disney had an EPS of $0.93, compared to year-ago quarter EPS of $1.08. At the moment, the stock has a 52-week-high of $126.48 and a 52-week-low of $84.08. Walt Disney closed at $88.83 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With an Overweight rating, Capital One initiated coverage on NET Power Inc NPWR. The price target seems to have been set at $19.00 for NET Power. At the moment, the stock has a 52-week-high of $17.19 and a 52-week-low of $11.26. NET Power closed at $13.50 at the end of the last trading period.

For Wingstop Inc WING, Guggenheim initiated coverage, by setting the current rating at Neutral. For the first quarter, Wingstop had an EPS of $0.59, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $223.77 and a 52-week-low of $72.18. Wingstop closed at $200.26 at the end of the last trading period.

For C3.ai Inc AI, Oppenheimer initiated coverage, by setting the current rating at Perform. C3.ai earned $0.13 in the fourth quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $48.87 and a 52-week-low of $10.16. C3.ai closed at $35.46 at the end of the last trading period.

Craig-Hallum initiated coverage on Arlo Technologies Inc ARLO with a Buy rating. The price target for Arlo Technologies is set to $17.00. For the first quarter, Arlo Technologies had an EPS of $0.01, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $10.12 and a 52-week-low of $2.94. At the end of the last trading period, Arlo Technologies closed at $9.59.

Raymond James initiated coverage on CNO Financial Group Inc CNO with a Market Perform rating. For the first quarter, CNO Finl Group had an EPS of $0.51, compared to year-ago quarter EPS of $0.42. At the moment, the stock has a 52-week-high of $26.35 and a 52-week-low of $16.56. CNO Finl Group closed at $23.14 at the end of the last trading period.

Guggenheim initiated coverage on Mister Car Wash Inc MCW with a Buy rating. The price target for Mister Car Wash is set to $11.00. For the first quarter, Mister Car Wash had an EPS of $0.08, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $12.57 and a 52-week-low of $7.81. Mister Car Wash closed at $8.65 at the end of the last trading period.

With a Hold rating, Berenberg initiated coverage on Atlassian Corp TEAM. The price target seems to have been set at $150.00 for Atlassian. For the third quarter, Atlassian had an EPS of $0.54, compared to year-ago quarter EPS of $0.47. At the moment, the stock has a 52-week-high of $300.28 and a 52-week-low of $113.86. Atlassian closed at $166.89 at the end of the last trading period.

Piper Sandler initiated coverage on TJX Companies Inc TJX with an Overweight rating. The price target for TJX Companies is set to $110.00. TJX Companies earned $0.76 in the first quarter, compared to $0.68 in the year-ago quarter. The current stock performance of TJX Companies shows a 52-week-high of $83.34 and a 52-week-low of $54.58. Moreover, at the end of the last trading period, the closing price was at $82.66.

With a Neutral rating, Piper Sandler initiated coverage on Ross Stores Inc ROST. The price target seems to have been set at $112.00 for Ross Stores. For the first quarter, Ross Stores had an EPS of $1.09, compared to year-ago quarter EPS of $0.97. The stock has a 52-week-high of $122.44 and a 52-week-low of $69.24. At the end of the last trading period, Ross Stores closed at $108.34.

HC Wainwright & Co. initiated coverage on Instil Bio Inc TIL with a Buy rating. The price target for Instil Bio is set to $2.00. Instil Bio earned $0.44 in the first quarter, compared to $0.42 in the year-ago quarter. The current stock performance of Instil Bio shows a 52-week-high of $7.71 and a 52-week-low of $0.47. Moreover, at the end of the last trading period, the closing price was at $0.54.

Citigroup initiated coverage on Establishment Labs Holdings Inc ESTA with a Buy rating. The price target for Establishment Labs Hldgs is set to $79.00. In the first quarter, Establishment Labs Hldgs showed an EPS of $0.48, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $79.88 and a 52-week-low of $44.48. Establishment Labs Hldgs closed at $68.48 at the end of the last trading period.

UBS initiated coverage on Warner Music Group Corp WMG with a Neutral rating. The price target for Warner Music Gr is set to $29.00. Warner Music Gr earned $0.20 in the second quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $38.76 and a 52-week-low of $21.57. Warner Music Gr closed at $26.67 at the end of the last trading period.

With a Buy rating, UBS initiated coverage on Corebridge Financial Inc CRBG. The price target seems to have been set at $22.00 for Corebridge Financial. The current stock performance of Corebridge Financial shows a 52-week-high of $23.49 and a 52-week-low of $14.01. Moreover, at the end of the last trading period, the closing price was at $17.25.

William Blair initiated coverage on Generac Holdings Inc GNRC with an Outperform rating. For the first quarter, Generac Hldgs had an EPS of $0.63, compared to year-ago quarter EPS of $2.09. The current stock performance of Generac Hldgs shows a 52-week-high of $281.95 and a 52-week-low of $86.29. Moreover, at the end of the last trading period, the closing price was at $148.07.

Barclays initiated coverage on Banco Latinoamericano de Comercio Exterior SA BLX with an Overweight rating. The price target for Banco Latinoamericano is set to $32.00. For the first quarter, Banco Latinoamericano had an EPS of $1.02, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $21.50 and a 52-week-low of $13.01. At the end of the last trading period, Banco Latinoamericano closed at $21.09.

For Unity Software Inc U, JMP Securities initiated coverage, by setting the current rating at Market Perform. For the first quarter, Unity Software had an EPS of $0.06, compared to year-ago quarter EPS of $0.08. The current stock performance of Unity Software shows a 52-week-high of $58.62 and a 52-week-low of $21.23. Moreover, at the end of the last trading period, the closing price was at $44.12.

B. Riley Securities initiated coverage on Academy Sports and Outdoors Inc ASO with a Buy rating. The price target for Academy Sports is set to $63.00. For the first quarter, Academy Sports had an EPS of $1.30, compared to year-ago quarter EPS of $1.72. At the moment, the stock has a 52-week-high of $69.02 and a 52-week-low of $33.82. Academy Sports closed at $52.82 at the end of the last trading period.

With a Neutral rating, B. Riley Securities initiated coverage on Hibbett Inc HIBB. The price target seems to have been set at $37.00 for Hibbett. Hibbett earned $2.74 in the first quarter, compared to $2.89 in the year-ago quarter. At the moment, the stock has a 52-week-high of $75.38 and a 52-week-low of $34.86. Hibbett closed at $36.34 at the end of the last trading period.

B. Riley Securities initiated coverage on Clarus Corp CLAR with a Buy rating. The price target for Clarus is set to $12.00. In the first quarter, Clarus showed an EPS of $0.18, compared to $0.37 from the year-ago quarter. The current stock performance of Clarus shows a 52-week-high of $29.32 and a 52-week-low of $6.86. Moreover, at the end of the last trading period, the closing price was at $8.39.

B. Riley Securities initiated coverage on Fox Factory Holding Corp FOXF with a Buy rating. The price target for Fox Factory Hldg is set to $125.00. For the first quarter, Fox Factory Hldg had an EPS of $1.20, compared to year-ago quarter EPS of $1.32. The current stock performance of Fox Factory Hldg shows a 52-week-high of $127.54 and a 52-week-low of $73.08. Moreover, at the end of the last trading period, the closing price was at $104.20.

Piper Sandler initiated coverage on Quest Diagnostics Inc DGX with a Neutral rating. The price target for Quest Diagnostics is set to $145.00. Quest Diagnostics earned $2.04 in the first quarter, compared to $3.22 in the year-ago quarter. The stock has a 52-week-high of $158.34 and a 52-week-low of $120.40. At the end of the last trading period, Quest Diagnostics closed at $141.92.

Piper Sandler initiated coverage on Burlington Stores Inc BURL with a Neutral rating. The price target for Burlington Stores is set to $155.00. Burlington Stores earned $0.84 in the first quarter, compared to $0.54 in the year-ago quarter. The stock has a 52-week-high of $239.94 and a 52-week-low of $106.81. At the end of the last trading period, Burlington Stores closed at $151.14.

Bernstein initiated coverage on Freeport-McMoRan Inc FCX with a Market Perform rating. The price target for Freeport-McMoRan is set to $41.00. In the first quarter, Freeport-McMoRan showed an EPS of $0.52, compared to $1.07 from the year-ago quarter. The current stock performance of Freeport-McMoRan shows a 52-week-high of $46.73 and a 52-week-low of $24.81. Moreover, at the end of the last trading period, the closing price was at $39.22.

Jefferies initiated coverage on Tenaris SA TS with a Buy rating. The price target for Tenaris is set to $41.80. For the first quarter, Tenaris had an EPS of $1.91, compared to year-ago quarter EPS of $0.85. The stock has a 52-week-high of $38.00 and a 52-week-low of $22.25. At the end of the last trading period, Tenaris closed at $28.51.

With a Neutral rating, Piper Sandler initiated coverage on Roku Inc ROKU. The price target seems to have been set at $65.00 for Roku. In the first quarter, Roku showed an EPS of $1.38, compared to $0.19 from the year-ago quarter. At the moment, the stock has a 52-week-high of $97.90 and a 52-week-low of $38.27. Roku closed at $65.22 at the end of the last trading period.

With a Buy rating, Deutsche Bank initiated coverage on Pentair PLC PNR. The price target seems to have been set at $75.00 for Pentair. Pentair earned $0.91 in the first quarter, compared to $0.85 in the year-ago quarter. The current stock performance of Pentair shows a 52-week-high of $63.17 and a 52-week-low of $38.60. Moreover, at the end of the last trading period, the closing price was at $62.39.

Deutsche Bank initiated coverage on Zurn Elkay Water Solutions Corp ZWS with a Buy rating. The price target for Zurn Elkay Water is set to $30.00. Zurn Elkay Water earned $0.18 in the first quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $32.70 and a 52-week-low of $19.29. At the end of the last trading period, Zurn Elkay Water closed at $26.03.

Deutsche Bank initiated coverage on Badger Meter Inc BMI with a Hold rating. The price target for Badger Meter is set to $142.00. For the first quarter, Badger Meter had an EPS of $0.66, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of $156.15 and a 52-week-low of $77.33. Badger Meter closed at $144.32 at the end of the last trading period.

Deutsche Bank initiated coverage on Xylem Inc XYL with a Hold rating. The price target for Xylem is set to $121.00. Xylem earned $0.72 in the first quarter, compared to $0.47 in the year-ago quarter. The current stock performance of Xylem shows a 52-week-high of $118.58 and a 52-week-low of $73.82. Moreover, at the end of the last trading period, the closing price was at $110.54.

With a Sector Outperform rating, Scotiabank initiated coverage on Gold Royalty Corp GROY. The price target seems to have been set at $3.00 for Gold Royalty. Gold Royalty earned $0.01 in the second quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $3.22 and a 52-week-low of $1.70. At the end of the last trading period, Gold Royalty closed at $1.74.

See all analyst ratings initiations.