Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2023

Upgrades

For Generac Holdings Inc GNRC, Argus Research upgraded the previous rating of Hold to Buy. 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 $141.11.

For Procore Technologies Inc PCOR, Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. In the first quarter, Procore Technologies showed an EPS of $0.01, compared to $0.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $68.68 and a 52-week-low of $41.80. Procore Technologies closed at $65.27 at the end of the last trading period.

According to Truist Securities, the prior rating for The Scotts Miracle Gro Co SMG was changed from Hold to Buy. In the second quarter, Scotts Miracle Gro showed an EPS of $3.78, compared to $5.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $89.95 and a 52-week-low of $39.06. Scotts Miracle Gro closed at $65.42 at the end of the last trading period.

B of A Securities upgraded the previous rating for U.S. Bancorp USB from Neutral to Buy. In the first quarter, U.S. Bancorp showed an EPS of $1.16, compared to $0.99 from the year-ago quarter. At the moment, the stock has a 52-week-high of $49.95 and a 52-week-low of $27.27. U.S. Bancorp closed at $33.74 at the end of the last trading period.

According to Wolfe Research, the prior rating for Vale SA VALE was changed from Peer Perform to Outperform. For the first quarter, Vale had an EPS of $0.41, compared to year-ago quarter EPS of $0.93. At the moment, the stock has a 52-week-high of $19.31 and a 52-week-low of $11.72. Vale closed at $13.21 at the end of the last trading period.

For Rockwell Automation Inc ROK, Wolfe Research upgraded the previous rating of Underperform to Peer Perform. For the second quarter, Rockwell Automation had an EPS of $3.01, compared to year-ago quarter EPS of $1.66. The current stock performance of Rockwell Automation shows a 52-week-high of $335.86 and a 52-week-low of $192.97. Moreover, at the end of the last trading period, the closing price was at $335.75.

Needham upgraded the previous rating for Everbridge Inc EVBG from Hold to Buy. For the first quarter, Everbridge had an EPS of $0.25, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $42.90 and a 52-week-low of $22.50. At the end of the last trading period, Everbridge closed at $27.14.

According to BMO Capital, the prior rating for RenaissanceRe Holdings Ltd RNR was changed from Market Perform to Outperform. RenaissanceRe Holdings earned $8.16 in the first quarter, compared to $3.50 in the year-ago quarter. The stock has a 52-week-high of $223.80 and a 52-week-low of $124.20. At the end of the last trading period, RenaissanceRe Holdings closed at $189.11.

Keefe, Bruyette & Woods upgraded the previous rating for Cincinnati Financial Corp CINF from Market Perform to Outperform. In the first quarter, Cincinnati Financial showed an EPS of $0.89, compared to $1.58 from the year-ago quarter. The stock has a 52-week-high of $130.66 and a 52-week-low of $88.67. At the end of the last trading period, Cincinnati Financial closed at $97.40.

According to Piper Sandler, the prior rating for Zillow Group Inc ZG was changed from Neutral to Overweight. For the first quarter, Zillow Gr had an EPS of $0.35, compared to year-ago quarter EPS of $0.49. The stock has a 52-week-high of $51.94 and a 52-week-low of $26.24. At the end of the last trading period, Zillow Gr closed at $46.60.

Jefferies upgraded the previous rating for JPMorgan Chase & Co JPM from Hold to Buy. JPMorgan Chase earned $4.10 in the first quarter, compared to $2.63 in the year-ago quarter. The stock has a 52-week-high of $147.48 and a 52-week-low of $101.30. At the end of the last trading period, JPMorgan Chase closed at $145.15.

See all analyst ratings upgrades.

Downgrades

For Sight Sciences Inc SGHT, Citigroup downgraded the previous rating of Buy to Neutral. For the first quarter, Sight Sciences had an EPS of $0.35, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of $15.29 and a 52-week-low of $5.35. Sight Sciences closed at $8.05 at the end of the last trading period.

For Charles River Laboratories International Inc CRL, Citigroup downgraded the previous rating of Buy to Neutral. For the first quarter, Charles River had an EPS of $2.78, compared to year-ago quarter EPS of $2.75. The current stock performance of Charles River shows a 52-week-high of $262.00 and a 52-week-low of $181.22. Moreover, at the end of the last trading period, the closing price was at $208.80.

Vertical Research downgraded the previous rating for XPO Inc XPO from Buy to Hold. XPO earned $0.56 in the first quarter, compared to $1.25 in the year-ago quarter. The stock has a 52-week-high of $61.74 and a 52-week-low of $24.76. At the end of the last trading period, XPO closed at $60.05.

According to Goldman Sachs, the prior rating for Grupo Aeroportuario del Sureste SAB de CV ASR was changed from Neutral to Sell. Grupo Aeroportuario earned $4.64 in the first quarter, compared to $3.67 in the year-ago quarter. The stock has a 52-week-high of $314.48 and a 52-week-low of $180.12. At the end of the last trading period, Grupo Aeroportuario closed at $284.96.

Evercore ISI Group downgraded the previous rating for JetBlue Airways Corp JBLU from In-Line to Underperform. JetBlue Airways earned $0.34 in the first quarter, compared to $0.80 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.45 and a 52-week-low of $6.18. JetBlue Airways closed at $9.28 at the end of the last trading period.

According to Wolfe Research, the prior rating for Teck Resources Ltd TECK was changed from Outperform to Peer Perform. Teck Resources earned $1.32 in the first quarter, compared to $2.34 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.34 and a 52-week-low of $24.73. Teck Resources closed at $41.76 at the end of the last trading period.

For Alcoa Corp AA, Wolfe Research downgraded the previous rating of Peer Perform to Underperform. Alcoa earned $0.23 in the first quarter, compared to $3.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.19 and a 52-week-low of $31.14. Alcoa closed at $34.14 at the end of the last trading period.

According to Wolfe Research, the prior rating for Century Aluminum Co CENX was changed from Peer Perform to Underperform. For the first quarter, Century Aluminum had an EPS of $0.11, compared to year-ago quarter EPS of $0.59. At the moment, the stock has a 52-week-high of $12.96 and a 52-week-low of $5.27. Century Aluminum closed at $8.81 at the end of the last trading period.

According to Wolfe Research, the prior rating for Eaton Corp PLC ETN was changed from Outperform to Peer Perform. In the first quarter, Eaton Corp showed an EPS of $1.88, compared to $1.62 from the year-ago quarter. The stock has a 52-week-high of $203.15 and a 52-week-low of $122.50. At the end of the last trading period, Eaton Corp closed at $203.06.

According to Keefe, Bruyette & Woods, the prior rating for CNA Financial Corp CNA was changed from Outperform to Market Perform. In the first quarter, CNA Financial showed an EPS of $1.19, compared to $1.16 from the year-ago quarter. The current stock performance of CNA Financial shows a 52-week-high of $45.42 and a 52-week-low of $35.92. Moreover, at the end of the last trading period, the closing price was at $38.27.

According to Morgan Stanley, the prior rating for Toyota Motor Corp TM was changed from Overweight to Equal-Weight. In the fourth quarter, Toyota Motor showed an EPS of $3.08, compared to $3.34 from the year-ago quarter. The current stock performance of Toyota Motor shows a 52-week-high of $169.07 and a 52-week-low of $130.09. Moreover, at the end of the last trading period, the closing price was at $160.24.

According to Baird, the prior rating for Gentherm Inc THRM was changed from Outperform to Neutral. In the first quarter, Gentherm showed an EPS of $0.49, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.12 and a 52-week-low of $49.46. Gentherm closed at $55.88 at the end of the last trading period.

For VeriSign Inc VRSN, Baird downgraded the previous rating of Outperform to Neutral. For the first quarter, VeriSign had an EPS of $1.70, compared to year-ago quarter EPS of $1.43. The current stock performance of VeriSign shows a 52-week-high of $229.72 and a 52-week-low of $169.24. Moreover, at the end of the last trading period, the closing price was at $225.09.

According to Jefferies, the prior rating for Hancock Whitney Corp HWC was changed from Buy to Hold. In the first quarter, Hancock Whitney showed an EPS of $1.45, compared to $1.40 from the year-ago quarter. The stock has a 52-week-high of $56.95 and a 52-week-low of $31.02. At the end of the last trading period, Hancock Whitney closed at $40.17.

For Zions Bancorp NA ZION, Jefferies downgraded the previous rating of Buy to Hold. Zions Bancorp earned $1.33 in the first quarter, compared to $1.27 in the year-ago quarter. The stock has a 52-week-high of $59.74 and a 52-week-low of $18.26. At the end of the last trading period, Zions Bancorp closed at $29.56.

According to Jefferies, the prior rating for Truist Financial Corp TFC was changed from Buy to Hold. For the first quarter, Truist Finl had an EPS of $1.09, compared to year-ago quarter EPS of $1.23. The current stock performance of Truist Finl shows a 52-week-high of $53.34 and a 52-week-low of $25.56. Moreover, at the end of the last trading period, the closing price was at $32.19.

For Gol Intelligent Airlines Inc GOL, Goldman Sachs downgraded the previous rating of Buy to Neutral. 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 $5.59 and a 52-week-low of $2.00. Gol Intelligent Airlines closed at $4.76 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Craig-Hallum initiated coverage on BioLife Solutions Inc BLFS. The price target seems to have been set at $29.00 for BioLife Solns. BioLife Solns earned $0.27 in the first quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.95 and a 52-week-low of $14.93. BioLife Solns closed at $21.29 at the end of the last trading period.

Northland Capital Markets initiated coverage on TeraWulf Inc WULF with an Outperform rating. The price target for TeraWulf is set to $4.25. TeraWulf earned $0.16 in the first quarter, compared to $0.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $3.18 and a 52-week-low of $0.54. TeraWulf closed at $3.13 at the end of the last trading period.

With a Buy rating, Canaccord Genuity initiated coverage on Hillman Solutions Corp HLMN. The price target seems to have been set at $12.00 for Hillman Solns. For the first quarter, Hillman Solns had an EPS of $0.06, compared to year-ago quarter EPS of $0.09. The current stock performance of Hillman Solns shows a 52-week-high of $10.65 and a 52-week-low of $6.60. Moreover, at the end of the last trading period, the closing price was at $8.71.

For XPeng Inc XPEV, Goldman Sachs initiated coverage, by setting the current rating at Buy. For the first quarter, XPeng had an EPS of $0.37, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $32.75 and a 52-week-low of $6.18. XPeng closed at $14.15 at the end of the last trading period.

Janney Montgomery Scott initiated coverage on USCB Financial Holdings Inc USCB with a Neutral rating. In the first quarter, USCB Financial Holdings showed an EPS of $0.29, compared to $0.24 from the year-ago quarter. The current stock performance of USCB Financial Holdings shows a 52-week-high of $14.90 and a 52-week-low of $8.56. Moreover, at the end of the last trading period, the closing price was at $10.70.

Cantor Fitzgerald initiated coverage on Soleno Therapeutics Inc SLNO with an Overweight rating. The price target for Soleno Therapeutics is set to $19.00. In the first quarter, Soleno Therapeutics showed an EPS of $0.88, compared to $1.05 from the year-ago quarter. The current stock performance of Soleno Therapeutics shows a 52-week-high of $6.20 and a 52-week-low of $0.85. Moreover, at the end of the last trading period, the closing price was at $4.83.

Canaccord Genuity initiated coverage on Newell Brands Inc NWL with a Buy rating. The price target for Newell Brands is set to $13.00. Newell Brands earned $0.06 in the first quarter, compared to $0.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.54 and a 52-week-low of $7.80. Newell Brands closed at $8.89 at the end of the last trading period.

With a Sector Perform rating, RBC Capital initiated coverage on Hammerhead Energy Inc HHRS. The price target seems to have been set at $13.00 for Hammerhead Energy. At the moment, the stock has a 52-week-high of $39.30 and a 52-week-low of $6.00. Hammerhead Energy closed at $7.49 at the end of the last trading period.

With a Buy rating, UBS initiated coverage on Commercial Metals Co CMC. The price target seems to have been set at $63.00 for Commercial Metals. For the third quarter, Commercial Metals had an EPS of $2.02, compared to year-ago quarter EPS of $2.61. At the moment, the stock has a 52-week-high of $58.09 and a 52-week-low of $32.94. Commercial Metals closed at $53.66 at the end of the last trading period.

With a Buy rating, Ascendiant Capital initiated coverage on Society Pass Inc SOPA. The price target seems to have been set at $3.50 for Society Pass. Society Pass earned $0.20 in the first quarter, compared to $0.30 in the year-ago quarter. The stock has a 52-week-high of $3.14 and a 52-week-low of $0.47. At the end of the last trading period, Society Pass closed at $0.52.

Roth MKM initiated coverage on Gambling.com Group Ltd GAMB with a Buy rating. The price target for Gambling.com Gr is set to $13.00. For the first quarter, Gambling.com Gr had an EPS of $0.20, compared to year-ago quarter EPS of $0.12. The current stock performance of Gambling.com Gr shows a 52-week-high of $11.49 and a 52-week-low of $6.62. Moreover, at the end of the last trading period, the closing price was at $10.63.

With a Neutral rating, Goldman Sachs initiated coverage on Terreno Realty Corp TRNO. The price target seems to have been set at $65.00 for Terreno Realty. Terreno Realty earned $0.51 in the first quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $67.03 and a 52-week-low of $50.39. At the end of the last trading period, Terreno Realty closed at $58.33.

Jefferies initiated coverage on Toast Inc TOST with a Buy rating. The price target for Toast is set to $28.00. For the first quarter, Toast had an EPS of $0.16, compared to year-ago quarter EPS of $0.20. The current stock performance of Toast shows a 52-week-high of $26.04 and a 52-week-low of $13.56. Moreover, at the end of the last trading period, the closing price was at $22.82.

Guggenheim initiated coverage on Syndax Pharmaceuticals Inc SNDX with a Buy rating. The price target for Syndax Pharmaceuticals is set to $40.00. Syndax Pharmaceuticals earned $0.59 in the first quarter, compared to $0.63 in the year-ago quarter. The current stock performance of Syndax Pharmaceuticals shows a 52-week-high of $29.86 and a 52-week-low of $18.08. Moreover, at the end of the last trading period, the closing price was at $20.28.

With a Buy rating, Berenberg initiated coverage on i3 Verticals Inc IIIV. The price target seems to have been set at $30.00 for i3 Verticals. i3 Verticals earned $0.38 in the second quarter, compared to $0.37 in the year-ago quarter. The current stock performance of i3 Verticals shows a 52-week-high of $30.84 and a 52-week-low of $18.60. Moreover, at the end of the last trading period, the closing price was at $22.65.

With a Buy rating, Berenberg initiated coverage on Payoneer Global Inc PAYO. The price target seems to have been set at $7.00 for Payoneer Global. In the first quarter, Payoneer Global showed an EPS of $0.02, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.02 and a 52-week-low of $4.02. Payoneer Global closed at $4.83 at the end of the last trading period.

With a Buy rating, Benchmark initiated coverage on Haverty Furniture Companies Inc HVT. The price target seems to have been set at $41.00 for Haverty Furniture Cos. In the first quarter, Haverty Furniture Cos showed an EPS of $0.74, compared to $1.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $38.85 and a 52-week-low of $23.90. Haverty Furniture Cos closed at $30.73 at the end of the last trading period.

With an Overweight rating, Keybanc initiated coverage on Murphy Oil Corp MUR. The price target seems to have been set at $47.00 for Murphy Oil. In the first quarter, Murphy Oil showed an EPS of $1.24, compared to $0.73 from the year-ago quarter. The stock has a 52-week-high of $51.26 and a 52-week-low of $25.97. At the end of the last trading period, Murphy Oil closed at $39.28.

See all analyst ratings initiations.