Benzinga's Top Ratings Upgrades, Downgrades For August 18, 2023

Upgrades

For Itron Inc (NASDAQ:ITRI), Argus Research upgraded the previous rating of Hold to Buy. Itron earned $0.65 in the second quarter, compared to $0.07 in the year-ago quarter. The current stock performance of Itron shows a 52-week-high of $79.99 and a 52-week-low of $39.60. Moreover, at the end of the last trading period, the closing price was at $66.36.

For Franco-Nevada Corp (NYSE:FNV), Stifel upgraded the previous rating of Hold to Buy. Franco-Nevada earned $0.95 in the second quarter, compared to $1.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $161.25 and a 52-week-low of $109.73. Franco-Nevada closed at $135.63 at the end of the last trading period.

According to Williams Trading, the prior rating for Foot Locker Inc (NYSE:FL) was changed from Sell to Hold. In the first quarter, Foot Locker showed an EPS of $0.70, compared to $1.60 from the year-ago quarter. The stock has a 52-week-high of $47.22 and a 52-week-low of $24.44. At the end of the last trading period, Foot Locker closed at $25.12.

See all analyst ratings upgrades.

Downgrades

According to OTR Global, the prior rating for Dollar Tree Inc (NASDAQ:DLTR) was changed from Positive to Mixed. In the first quarter, Dollar Tree showed an EPS of $1.47, compared to $2.37 from the year-ago quarter. The stock has a 52-week-high of $170.36 and a 52-week-low of $128.85. At the end of the last trading period, Dollar Tree closed at $142.18.

Goldman Sachs downgraded the previous rating for Hesai Group (NASDAQ:HSAI) from Buy to Neutral. Hesai Gr earned $0.04 in the second quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $30.36 and a 52-week-low of $7.35. At the end of the last trading period, Hesai Gr closed at $10.89.

According to Wedbush, the prior rating for Beazer Homes USA Inc (NYSE:BZH) was changed from Outperform to Neutral. Beazer Homes USA earned $1.42 in the third quarter, compared to $1.76 in the year-ago quarter. The stock has a 52-week-high of $35.93 and a 52-week-low of $9.48. At the end of the last trading period, Beazer Homes USA closed at $30.32.

JP Morgan downgraded the previous rating for Farfetch Ltd (NYSE:FTCH) from Overweight to Neutral. Farfetch earned $0.21 in the second quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.88 and a 52-week-low of $3.64. Farfetch closed at $4.76 at the end of the last trading period.

Loop Capital downgraded the previous rating for XPO Inc (NYSE:XPO) from Buy to Hold. For the second quarter, XPO had an EPS of $0.71, compared to year-ago quarter EPS of $1.81. The stock has a 52-week-high of $76.77 and a 52-week-low of $24.76. At the end of the last trading period, XPO closed at $69.53.

For Keysight Technologies Inc (NYSE:KEYS), Barclays downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Keysight Techs had an EPS of $2.19, compared to year-ago quarter EPS of $2.01. The stock has a 52-week-high of $189.38 and a 52-week-low of $139.62. At the end of the last trading period, Keysight Techs closed at $150.05.

Edward Jones downgraded the previous rating for CVS Health Corp (NYSE:CVS) from Buy to Hold. For the second quarter, CVS Health had an EPS of $2.21, compared to year-ago quarter EPS of $2.40. The stock has a 52-week-high of $106.51 and a 52-week-low of $64.62. At the end of the last trading period, CVS Health closed at $66.80.

For Sea Ltd (NYSE:SE), JP Morgan downgraded the previous rating of Overweight to Neutral. In the second quarter, Sea showed an EPS of $0.54, compared to $1.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $88.84 and a 52-week-low of $38.01. Sea closed at $39.49 at the end of the last trading period.

Keybanc downgraded the previous rating for Farfetch Ltd (NYSE:FTCH) from Overweight to Sector Weight. For the second quarter, Farfetch had an EPS of $0.21, compared to year-ago quarter EPS of $0.21. The stock has a 52-week-high of $12.88 and a 52-week-low of $3.64. At the end of the last trading period, Farfetch closed at $4.76.

See all analyst ratings downgrades.

Initiations

With a Buy rating, HC Wainwright & Co. initiated coverage on AEON Biopharma Inc (AMEX:AEON). The price target seems to have been set at $18.00 for AEON Biopharma. The stock has a 52-week-high of $11.88 and a 52-week-low of $4.06. At the end of the last trading period, AEON Biopharma closed at $4.34.

William Blair initiated coverage on Holley Inc (NYSE:HLLY) with an Outperform rating. For the second quarter, Holley had an EPS of $0.14, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $8.06 and a 52-week-low of $1.89. Holley closed at $6.14 at the end of the last trading period.

See all analyst ratings initiations.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.