Benzinga's Top Ratings Upgrades, Downgrades For August 2, 2023

Upgrades

Wolfe Research upgraded the previous rating for Zebra Technologies Corp ZBRA from Underperform to Peer Perform. In the second quarter, Zebra Technologies showed an EPS of $3.29, compared to $4.61 from the year-ago quarter. The current stock performance of Zebra Technologies shows a 52-week-high of $365.82 and a 52-week-low of $225.14. Moreover, at the end of the last trading period, the closing price was at $254.77.

According to JP Morgan, the prior rating for Apollo Commercial Real Estate Finance Inc ARI was changed from Underweight to Neutral. In the second quarter, Apollo Comml Real Est showed an EPS of $0.46, compared to $0.35 from the year-ago quarter. At the moment, the stock has a 52-week-high of $13.10 and a 52-week-low of $7.92. Apollo Comml Real Est closed at $10.53 at the end of the last trading period.

Deutsche Bank upgraded the previous rating for Sirius XM Holdings Inc SIRI from Sell to Hold. For the second quarter, Sirius XM Holdings had an EPS of $0.08, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $7.95 and a 52-week-low of $3.32. At the end of the last trading period, Sirius XM Holdings closed at $4.98.

According to Goldman Sachs, the prior rating for TG Therapeutics Inc TGTX was changed from Sell to Neutral. For the second quarter, TG Therapeutics had an EPS of $0.34, compared to year-ago quarter EPS of $0.30. The current stock performance of TG Therapeutics shows a 52-week-high of $35.67 and a 52-week-low of $4.86. Moreover, at the end of the last trading period, the closing price was at $10.49.

For Charter Communications Inc CHTR, Wolfe Research upgraded the previous rating of Peer Perform to Outperform. Charter Communications earned $8.05 in the second quarter, compared to $8.80 in the year-ago quarter. The stock has a 52-week-high of $483.90 and a 52-week-low of $297.83. At the end of the last trading period, Charter Communications closed at $411.23.

Raymond James upgraded the previous rating for IPG Photonics Corp IPGP from Outperform to Strong Buy. In the second quarter, IPG Photonics showed an EPS of $1.31, compared to $1.10 from the year-ago quarter. The stock has a 52-week-high of $141.85 and a 52-week-low of $79.88. At the end of the last trading period, IPG Photonics closed at $108.36.

Rosenblatt upgraded the previous rating for Pinterest Inc PINS from Neutral to Buy. Pinterest earned $0.21 in the second quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.86 and a 52-week-low of $19.00. Pinterest closed at $28.96 at the end of the last trading period.

For Comcast Corp CMCSA, Wolfe Research upgraded the previous rating of Underperform to Peer Perform. For the second quarter, Comcast had an EPS of $1.13, compared to year-ago quarter EPS of $1.01. The current stock performance of Comcast shows a 52-week-high of $46.44 and a 52-week-low of $28.39. Moreover, at the end of the last trading period, the closing price was at $45.31.

BTIG upgraded the previous rating for Match Group Inc MTCH from Neutral to Buy. For the second quarter, Match Group had an EPS of $0.48, compared to year-ago quarter EPS of $0.70. The current stock performance of Match Group shows a 52-week-high of $77.77 and a 52-week-low of $30.73. Moreover, at the end of the last trading period, the closing price was at $46.15.

According to Citigroup, the prior rating for Advanced Micro Devices Inc AMD was changed from Neutral to Buy. In the second quarter, Advanced Micro Devices showed an EPS of $0.58, compared to $1.05 from the year-ago quarter. The current stock performance of Advanced Micro Devices shows a 52-week-high of $132.83 and a 52-week-low of $54.58. Moreover, at the end of the last trading period, the closing price was at $117.60.

For KeyCorp KEY, JP Morgan upgraded the previous rating of Underweight to Neutral. In the second quarter, KeyCorp showed an EPS of $0.27, compared to $0.54 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.30 and a 52-week-low of $8.54. KeyCorp closed at $11.99 at the end of the last trading period.

According to Canaccord Genuity, the prior rating for Freshworks Inc FRSH was changed from Hold to Buy. In the second quarter, Freshworks showed an EPS of $0.07, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $18.71 and a 52-week-low of $11.92. At the end of the last trading period, Freshworks closed at $18.24.

For California Bancorp CALB, Keefe, Bruyette & Woods upgraded the previous rating of Market Perform to Outperform. In the second quarter, California Bancorp showed an EPS of $0.65, compared to $0.51 from the year-ago quarter. At the moment, the stock has a 52-week-high of $26.17 and a 52-week-low of $12.78. California Bancorp closed at $18.60 at the end of the last trading period.

According to Baird, the prior rating for Oshkosh Corp OSK was changed from Neutral to Outperform. In the second quarter, Oshkosh showed an EPS of $2.69, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $106.66 and a 52-week-low of $69.31. At the end of the last trading period, Oshkosh closed at $101.41.

B of A Securities upgraded the previous rating for Rhythm Pharmaceuticals Inc RYTM from Neutral to Buy. Rhythm Pharmaceuticals earned $0.82 in the second quarter, compared to $0.89 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.99 and a 52-week-low of $12.18. Rhythm Pharmaceuticals closed at $22.75 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to UBS, the prior rating for Electronic Arts Inc EA was changed from Buy to Neutral. For the first quarter, Electronic Arts had an EPS of $1.14, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $140.30 and a 52-week-low of $108.53. At the end of the last trading period, Electronic Arts closed at $136.12.

According to Lake Street, the prior rating for Big 5 Sporting Goods Corp BGFV was changed from Buy to Hold. For the second quarter, Big 5 Sporting Goods had an EPS of $0.01, compared to year-ago quarter EPS of $0.41. The current stock performance of Big 5 Sporting Goods shows a 52-week-high of $15.57 and a 52-week-low of $6.88. Moreover, at the end of the last trading period, the closing price was at $9.36.

William Blair downgraded the previous rating for Driven Brands Holdings Inc DRVN from Outperform to Market Perform. Driven Brands Hldgs earned $0.29 in the second quarter, compared to $0.35 in the year-ago quarter. The current stock performance of Driven Brands Hldgs shows a 52-week-high of $35.41 and a 52-week-low of $23.35. Moreover, at the end of the last trading period, the closing price was at $25.83.

Lake Street downgraded the previous rating for The Container Store Group Inc TCS from Buy to Hold. In the first quarter, Container Store Group showed an EPS of $0.21, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $8.09 and a 52-week-low of $2.15. Container Store Group closed at $3.67 at the end of the last trading period.

According to BTIG, the prior rating for MeridianLink Inc MLNK was changed from Buy to Neutral. MeridianLink earned $0.03 in the second quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $22.69 and a 52-week-low of $12.49. At the end of the last trading period, MeridianLink closed at $22.33.

Atlantic Equities downgraded the previous rating for IDEXX Laboratories Inc IDXX from Overweight to Neutral. In the second quarter, IDEXX Laboratories showed an EPS of $2.67, compared to $1.56 from the year-ago quarter. At the moment, the stock has a 52-week-high of $564.74 and a 52-week-low of $317.09. IDEXX Laboratories closed at $532.30 at the end of the last trading period.

According to JP Morgan, the prior rating for Cambium Networks Corp CMBM was changed from Neutral to Underweight. In the second quarter, Cambium Networks showed an EPS of $0.03, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $24.19 and a 52-week-low of $12.65. At the end of the last trading period, Cambium Networks closed at $16.26.

Benchmark downgraded the previous rating for Exact Sciences Corp EXAS from Buy to Hold. Exact Sciences earned $0.45 in the second quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of $100.77 and a 52-week-low of $29.29. At the end of the last trading period, Exact Sciences closed at $96.44.

Susquehanna downgraded the previous rating for Norwegian Cruise Line Holdings Ltd NCLH from Positive to Neutral. Norwegian Cruise Line earned $0.30 in the second quarter, compared to $1.14 in the year-ago quarter. The stock has a 52-week-high of $22.75 and a 52-week-low of $10.84. At the end of the last trading period, Norwegian Cruise Line closed at $19.41.

According to Piper Sandler, the prior rating for Omnicell Inc OMCL was changed from Overweight to Neutral. In the second quarter, Omnicell showed an EPS of $0.57, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $113.83 and a 52-week-low of $46.19. At the end of the last trading period, Omnicell closed at $61.70.

For New Relic Inc NEWR, Raymond James downgraded the previous rating of Strong Buy to Market Perform. In the first quarter, New Relic showed an EPS of $0.43, compared to $0.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $86.00 and a 52-week-low of $50.24. New Relic closed at $83.96 at the end of the last trading period.

According to RBC Capital, the prior rating for Crestwood Equity Partners LP CEQP was changed from Outperform to Sector Perform. For the second quarter, Crestwood Equity Partners had an EPS of $1.16, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $31.43 and a 52-week-low of $22.11. Crestwood Equity Partners closed at $27.50 at the end of the last trading period.

For Oatly Group AB OTLY, JP Morgan downgraded the previous rating of Overweight to Neutral. In the second quarter, Oatly Group showed an EPS of $0.15, compared to $0.12 from the year-ago quarter. The current stock performance of Oatly Group shows a 52-week-high of $4.25 and a 52-week-low of $1.28. Moreover, at the end of the last trading period, the closing price was at $1.53.

Wolfe Research downgraded the previous rating for ZoomInfo Technologies Inc ZI from Outperform to Peer Perform. In the second quarter, ZoomInfo Technologies showed an EPS of $0.26, compared to $0.21 from the year-ago quarter. The stock has a 52-week-high of $51.85 and a 52-week-low of $18.56. At the end of the last trading period, ZoomInfo Technologies closed at $18.67.

JP Morgan downgraded the previous rating for Crestwood Equity Partners LP CEQP from Neutral to Underweight. Crestwood Equity Partners earned $1.16 in the second quarter, compared to $0.14 in the year-ago quarter. The stock has a 52-week-high of $31.43 and a 52-week-low of $22.11. At the end of the last trading period, Crestwood Equity Partners closed at $27.50.

For Bloomin Brands Inc BLMN, William Blair downgraded the previous rating of Outperform to Market Perform. In the second quarter, Bloomin Brands showed an EPS of $0.74, compared to $0.68 from the year-ago quarter. At the moment, the stock has a 52-week-high of $28.67 and a 52-week-low of $17.98. Bloomin Brands closed at $26.01 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, JonesTrading initiated coverage on Kinetik Holdings Inc KNTK. The price target seems to have been set at $43.00 for Kinetik Holdings. In the first quarter, Kinetik Holdings showed an EPS of $0.06, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $41.11 and a 52-week-low of $26.32. Kinetik Holdings closed at $35.88 at the end of the last trading period.

With a Buy rating, BTIG initiated coverage on Lifezone Metals Ltd LZM. The price target seems to have been set at $14.00 for Lifezone Metals. The current stock performance of Lifezone Metals shows a 52-week-high of $19.92 and a 52-week-low of $8.32. Moreover, at the end of the last trading period, the closing price was at $11.50.

See all analyst ratings initiations.