Benzinga's Top Ratings Upgrades, Downgrades For July 17, 2023

Upgrades

Canaccord Genuity upgraded the previous rating for Lilium NV LILM from Hold to Buy. NoneThe current stock performance of Lilium shows a 52-week-high of $3.25 and a 52-week-low of $0.37. Moreover, at the end of the last trading period, the closing price was at $1.32.

Alliance Global Partners upgraded the previous rating for Grindrod Shipping Holdings Ltd GRIN from Neutral to Buy. For the first quarter, Grindrod Shipping Hldgs had an EPS of $0.22, compared to year-ago quarter EPS of $1.56. At the moment, the stock has a 52-week-high of $26.29 and a 52-week-low of $6.80. Grindrod Shipping Hldgs closed at $8.57 at the end of the last trading period.

JP Morgan upgraded the previous rating for Progressive Corp PGR from Neutral to Overweight. For the second quarter, Progressive had an EPS of $0.40, compared to year-ago quarter EPS of $1.10. At the moment, the stock has a 52-week-high of $149.87 and a 52-week-low of $109.42. Progressive closed at $116.79 at the end of the last trading period.

Stephens & Co. upgraded the previous rating for America's Car-Mart Inc CRMT from Equal-Weight to Overweight. For the fourth quarter, America's Car-Mart had an EPS of $0.32, compared to year-ago quarter EPS of $3.97. The stock has a 52-week-high of $126.68 and a 52-week-low of $52.24. At the end of the last trading period, America's Car-Mart closed at $103.70.

For PACCAR Inc PCAR, Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, PACCAR had an EPS of $2.25, compared to year-ago quarter EPS of $1.15. At the moment, the stock has a 52-week-high of $87.83 and a 52-week-low of $51.33. PACCAR closed at $85.66 at the end of the last trading period.

For Adecoagro SA AGRO, Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. Adecoagro earned $0.36 in the first quarter, compared to $0.13 in the year-ago quarter. The stock has a 52-week-high of $10.08 and a 52-week-low of $6.96. At the end of the last trading period, Adecoagro closed at $9.54.

B. Riley Securities upgraded the previous rating for Cohu Inc COHU from Neutral to Buy. Cohu earned $0.56 in the first quarter, compared to $0.66 in the year-ago quarter. At the moment, the stock has a 52-week-high of $42.09 and a 52-week-low of $25.20. Cohu closed at $39.63 at the end of the last trading period.

Goldman Sachs upgraded the previous rating for Yelp Inc YELP from Neutral to Buy. For the first quarter, Yelp had an EPS of $0.02, compared to year-ago quarter EPS of $0.01. The current stock performance of Yelp shows a 52-week-high of $39.25 and a 52-week-low of $25.48. Moreover, at the end of the last trading period, the closing price was at $38.13.

Goldman Sachs upgraded the previous rating for Chewy Inc CHWY from Neutral to Buy. In the first quarter, Chewy showed an EPS of $0.20, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $52.88 and a 52-week-low of $29.10. At the end of the last trading period, Chewy closed at $37.99.

See all analyst ratings upgrades.

Downgrades

According to Dawson James, the prior rating for Hillstream BioPharma Inc HILS was changed from Buy to Neutral. In the first quarter, Hillstream BioPharma showed an EPS of $0.23, compared to $0.28 from the year-ago quarter. The current stock performance of Hillstream BioPharma shows a 52-week-high of $2.65 and a 52-week-low of $0.30. Moreover, at the end of the last trading period, the closing price was at $0.38.

Citigroup downgraded the previous rating for The Timken Co TKR from Buy to Neutral. In the first quarter, Timken showed an EPS of $2.09, compared to $1.61 from the year-ago quarter. The current stock performance of Timken shows a 52-week-high of $95.08 and a 52-week-low of $52.26. Moreover, at the end of the last trading period, the closing price was at $91.76.

Odeon Capital downgraded the previous rating for Wells Fargo & Co WFC from Buy to Hold. Wells Fargo earned $1.25 in the second quarter, compared to $0.74 in the year-ago quarter. The current stock performance of Wells Fargo shows a 52-week-high of $48.84 and a 52-week-low of $35.25. Moreover, at the end of the last trading period, the closing price was at $43.56.

According to Stephens & Co., the prior rating for CryoPort Inc CYRX was changed from Overweight to Equal-Weight. CryoPort earned $0.16 in the first quarter, compared to $0.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of $45.34 and a 52-week-low of $13.83. CryoPort closed at $15.04 at the end of the last trading period.

For FormFactor Inc FORM, Northland Capital Markets downgraded the previous rating of Outperform to Market Perform. FormFactor earned $0.16 in the first quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $40.89 and a 52-week-low of $18.15. At the end of the last trading period, FormFactor closed at $35.67.

Northland Capital Markets downgraded the previous rating for Power Integrations Inc POWI from Outperform to Market Perform. Power Integrations earned $0.25 in the first quarter, compared to $0.93 in the year-ago quarter. The stock has a 52-week-high of $99.60 and a 52-week-low of $59.30. At the end of the last trading period, Power Integrations closed at $97.19.

Guggenheim downgraded the previous rating for BioXcel Therapeutics Inc BTAI from Buy to Neutral. For the first quarter, BioXcel Therapeutics had an EPS of $1.84, compared to year-ago quarter EPS of $1.12. At the moment, the stock has a 52-week-high of $34.12 and a 52-week-low of $5.88. BioXcel Therapeutics closed at $10.30 at the end of the last trading period.

Barclays downgraded the previous rating for TELUS International (Cda) Inc TIXT from Overweight to Equal-Weight. TELUS Intl earned $0.28 in the first quarter, compared to $0.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.50 and a 52-week-low of $10.04. TELUS Intl closed at $10.10 at the end of the last trading period.

For FIGS Inc FIGS, Raymond James downgraded the previous rating of Outperform to Market Perform. FIGS earned $0.01 in the first quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $13.74 and a 52-week-low of $5.55. FIGS closed at $7.78 at the end of the last trading period.

For State Street Corporation STT, UBS downgraded the previous rating of Buy to Neutral. In the second quarter, State Street showed an EPS of $2.17, compared to $1.94 from the year-ago quarter. The stock has a 52-week-high of $94.73 and a 52-week-low of $58.64. At the end of the last trading period, State Street closed at $68.10.

For Telephone and Data Systems Inc TDS, Citigroup downgraded the previous rating of Buy to Neutral. In the first quarter, Telephone and Data showed an EPS of $0.08, compared to $0.37 from the year-ago quarter. The current stock performance of Telephone and Data shows a 52-week-high of $17.41 and a 52-week-low of $6.43. Moreover, at the end of the last trading period, the closing price was at $7.64.

According to Citigroup, the prior rating for Frontier Communications Parent Inc FYBR was changed from Buy to Neutral. In the first quarter, Frontier Communications showed an EPS of $0.01, compared to $0.26 from the year-ago quarter. The current stock performance of Frontier Communications shows a 52-week-high of $30.83 and a 52-week-low of $13.24. Moreover, at the end of the last trading period, the closing price was at $14.31.

Citigroup downgraded the previous rating for AT&T Inc T from Buy to Neutral. In the first quarter, AT&T showed an EPS of $0.60, compared to $0.63 from the year-ago quarter. The stock has a 52-week-high of $22.84 and a 52-week-low of $14.29. At the end of the last trading period, AT&T closed at $14.50.

For State Street Corporation STT, JP Morgan downgraded the previous rating of Neutral to Underweight. In the second quarter, State Street showed an EPS of $2.17, compared to $1.94 from the year-ago quarter. The current stock performance of State Street shows a 52-week-high of $94.73 and a 52-week-low of $58.64. Moreover, at the end of the last trading period, the closing price was at $68.10.

According to BMO Capital, the prior rating for Bright Horizons Family Solutions Inc BFAM was changed from Outperform to Market Perform. Bright Horizons Family earned $0.49 in the first quarter, compared to $0.47 in the year-ago quarter. At the moment, the stock has a 52-week-high of $98.87 and a 52-week-low of $54.29. Bright Horizons Family closed at $95.75 at the end of the last trading period.

According to Morgan Stanley, the prior rating for PepsiCo Inc PEP was changed from Overweight to Equal-Weight. For the second quarter, PepsiCo had an EPS of $2.09, compared to year-ago quarter EPS of $1.86. The stock has a 52-week-high of $196.88 and a 52-week-low of $161.00. At the end of the last trading period, PepsiCo closed at $188.21.

Morgan Stanley downgraded the previous rating for Conagra Brands Inc CAG from Overweight to Equal-Weight. Conagra Brands earned $0.62 in the fourth quarter, compared to $0.65 in the year-ago quarter. The current stock performance of Conagra Brands shows a 52-week-high of $41.30 and a 52-week-low of $32.18. Moreover, at the end of the last trading period, the closing price was at $32.90.

Jefferies downgraded the previous rating for Berry Corp (bry) BRY from Buy to Hold. For the first quarter, Berry Corp had an EPS of $0.07, compared to year-ago quarter EPS of $0.51. The current stock performance of Berry Corp shows a 52-week-high of $10.74 and a 52-week-low of $6.23. Moreover, at the end of the last trading period, the closing price was at $7.23.

According to Jefferies, the prior rating for Leslies Inc LESL was changed from Buy to Hold. Leslies earned $0.14 in the second quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.12 and a 52-week-low of $5.71. Leslies closed at $6.70 at the end of the last trading period.

Keefe, Bruyette & Woods downgraded the previous rating for State Street Corporation STT from Outperform to Market Perform. State Street earned $2.17 in the second quarter, compared to $1.94 in the year-ago quarter. The current stock performance of State Street shows a 52-week-high of $94.73 and a 52-week-low of $58.64. Moreover, at the end of the last trading period, the closing price was at $68.10.

According to Piper Sandler, the prior rating for Twilio Inc TWLO was changed from Overweight to Neutral. Twilio earned $0.47 in the first quarter, compared to $0.00 in the year-ago quarter. The current stock performance of Twilio shows a 52-week-high of $98.59 and a 52-week-low of $41.00. Moreover, at the end of the last trading period, the closing price was at $66.89.

According to Exane BNP Paribas, the prior rating for MSCI Inc MSCI was changed from Neutral to Underperform. MSCI earned $3.14 in the first quarter, compared to $2.98 in the year-ago quarter. The current stock performance of MSCI shows a 52-week-high of $572.50 and a 52-week-low of $385.00. Moreover, at the end of the last trading period, the closing price was at $497.18.

For YETI Holdings Inc YETI, Keybanc downgraded the previous rating of Sector Weight to Underweight. For the first quarter, YETI Holdings had an EPS of $0.18, compared to year-ago quarter EPS of $0.33. At the moment, the stock has a 52-week-high of $55.15 and a 52-week-low of $27.95. YETI Holdings closed at $42.59 at the end of the last trading period.

According to Keybanc, the prior rating for CryoPort Inc CYRX was changed from Overweight to Sector Weight. CryoPort earned $0.16 in the first quarter, compared to $0.31 in the year-ago quarter. The current stock performance of CryoPort shows a 52-week-high of $45.34 and a 52-week-low of $13.83. Moreover, at the end of the last trading period, the closing price was at $15.04.

According to Keybanc, the prior rating for Brunswick Corp BC was changed from Overweight to Sector Weight. For the first quarter, Brunswick had an EPS of $2.57, compared to year-ago quarter EPS of $2.53. The stock has a 52-week-high of $93.15 and a 52-week-low of $64.57. At the end of the last trading period, Brunswick closed at $83.89.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Alliance Global Partners initiated coverage on NeuroSense Therapeutics Ltd NRSN. The price target seems to have been set at $7.50 for NeuroSense Therapeutics. In the first quarter, NeuroSense Therapeutics showed an EPS of $0.33, compared to $0.24 from the year-ago quarter. The current stock performance of NeuroSense Therapeutics shows a 52-week-high of $2.91 and a 52-week-low of $1.07. Moreover, at the end of the last trading period, the closing price was at $1.36.

With a Buy rating, Loop Capital initiated coverage on Compass Minerals International Inc CMP. The price target seems to have been set at $58.00 for Compass Minerals Intl. Compass Minerals Intl earned $0.46 in the second quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $47.68 and a 52-week-low of $28.89. Compass Minerals Intl closed at $33.11 at the end of the last trading period.

TD Cowen initiated coverage on On Holding AG ONON with an Outperform rating. The price target for On Holding is set to $38.00. In the first quarter, On Holding showed an EPS of $0.05, compared to $0.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.88 and a 52-week-low of $15.44. On Holding closed at $33.14 at the end of the last trading period.

Ladenburg Thalmann initiated coverage on Blade Air Mobility Inc BLDE with a Buy rating. The price target for Blade Air Mobility is set to $13.00. For the first quarter, Blade Air Mobility had an EPS of $0.14, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $6.86 and a 52-week-low of $2.51. Blade Air Mobility closed at $4.00 at the end of the last trading period.

With a Hold rating, Canaccord Genuity initiated coverage on Immunocore Holdings PLC IMCR. The price target seems to have been set at $67.00 for Immunocore Hldgs. Immunocore Hldgs earned $0.43 in the first quarter, compared to $0.48 in the year-ago quarter. The stock has a 52-week-high of $69.01 and a 52-week-low of $39.00. At the end of the last trading period, Immunocore Hldgs closed at $63.40.

With a Buy rating, Jefferies initiated coverage on PennyMac Financial Services Inc PFSI. The price target seems to have been set at $85.00 for PennyMac Financial Servs. In the first quarter, PennyMac Financial Servs showed an EPS of $0.57, compared to $2.94 from the year-ago quarter. At the moment, the stock has a 52-week-high of $73.81 and a 52-week-low of $41.90. PennyMac Financial Servs closed at $73.74 at the end of the last trading period.

Barclays initiated coverage on Saia Inc SAIA with an Overweight rating. The price target for Saia is set to $420.00. Saia earned $2.85 in the first quarter, compared to $2.98 in the year-ago quarter. The stock has a 52-week-high of $367.38 and a 52-week-low of $176.70. At the end of the last trading period, Saia closed at $364.10.

With a Equal-Weight rating, Barclays initiated coverage on Old Dominion Freight Line Inc ODFL. The price target seems to have been set at $375.00 for Old Dominion Freight Line. For the first quarter, Old Dominion Freight Line had an EPS of $2.58, compared to year-ago quarter EPS of $2.60. At the moment, the stock has a 52-week-high of $381.81 and a 52-week-low of $240.32. Old Dominion Freight Line closed at $377.77 at the end of the last trading period.

With a Hold rating, HSBC initiated coverage on EPAM Systems Inc EPAM. The price target seems to have been set at $255.00 for EPAM Sys. For the first quarter, EPAM Sys had an EPS of $2.47, compared to year-ago quarter EPS of $2.49. At the moment, the stock has a 52-week-high of $462.52 and a 52-week-low of $197.99. EPAM Sys closed at $241.94 at the end of the last trading period.

With a Buy rating, HSBC initiated coverage on Endava PLC DAVA. The price target seems to have been set at $74.00 for Endava. For the third quarter, Endava had an EPS of $0.72, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $115.85 and a 52-week-low of $44.62. At the end of the last trading period, Endava closed at $56.51.

Citigroup initiated coverage on BeiGene Ltd BGNE with a Buy rating. The price target for BeiGene is set to $275.00. BeiGene earned $3.34 in the first quarter, compared to $4.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $280.62 and a 52-week-low of $124.55. BeiGene closed at $196.33 at the end of the last trading period.

With a Buy rating, Goldman Sachs initiated coverage on Stagwell Inc STGW. The price target seems to have been set at $12.00 for Stagwell. In the first quarter, Stagwell showed an EPS of $0.13, compared to $0.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.23 and a 52-week-low of $4.80. Stagwell closed at $7.39 at the end of the last trading period.

See all analyst ratings initiations.