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

Upgrades

For Meta Platforms Inc META, OTR Global upgraded the previous rating of Mixed to Positive. Meta Platforms earned $1.76 in the fourth quarter, compared to $3.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $216.94 and a 52-week-low of $88.10. Meta Platforms closed at $214.75 at the end of the last trading period.

According to SMBC Nikko, the prior rating for Shift4 Payments Inc FOUR was changed from Neutral to Outperform. For the fourth quarter, Shift4 Payments had an EPS of $0.47, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $76.40 and a 52-week-low of $29.41. At the end of the last trading period, Shift4 Payments closed at $72.16.

SMBC Nikko upgraded the previous rating for Nuvei Corp NVEI from Neutral to Outperform. In the fourth quarter, Nuvei showed an EPS of $0.47, compared to $0.47 from the year-ago quarter. The current stock performance of Nuvei shows a 52-week-high of $69.71 and a 52-week-low of $23.72. Moreover, at the end of the last trading period, the closing price was at $40.38.

JP Morgan upgraded the previous rating for U.S. Xpress Enterprises Inc USX from Underweight to Neutral. For the fourth quarter, U.S. Xpress Enterprises had an EPS of $0.18, compared to year-ago quarter EPS of $0.03. The current stock performance of U.S. Xpress Enterprises shows a 52-week-high of $6.03 and a 52-week-low of $1.33. Moreover, at the end of the last trading period, the closing price was at $5.95.

According to RBC Capital, the prior rating for Baytex Energy Corp BTE was changed from Sector Perform to Outperform. The current stock performance of Baytex Energy shows a 52-week-high of $4.40 and a 52-week-low of $3.02. Moreover, at the end of the last trading period, the closing price was at $3.88.

For Murphy Oil Corp MUR, Truist Securities upgraded the previous rating of Hold to Buy. In the fourth quarter, Murphy Oil showed an EPS of $1.10, compared to $0.40 from the year-ago quarter. The current stock performance of Murphy Oil shows a 52-week-high of $51.26 and a 52-week-low of $25.97. Moreover, at the end of the last trading period, the closing price was at $38.71.

According to Evercore ISI Group, the prior rating for Zimmer Biomet Holdings Inc ZBH was changed from In-Line to Outperform. For the fourth quarter, Zimmer Biomet Holdings had an EPS of $1.88, compared to year-ago quarter EPS of $1.95. The current stock performance of Zimmer Biomet Holdings shows a 52-week-high of $135.00 and a 52-week-low of $100.41. Moreover, at the end of the last trading period, the closing price was at $128.15.

According to Stephens & Co., the prior rating for West Pharmaceutical Services Inc WST was changed from Equal-Weight to Overweight. For the fourth quarter, West Pharmaceutical Servs had an EPS of $1.77, compared to year-ago quarter EPS of $2.04. The stock has a 52-week-high of $421.10 and a 52-week-low of $207.15. At the end of the last trading period, West Pharmaceutical Servs closed at $349.79.

For WW International Inc WW, Goldman Sachs upgraded the previous rating of Neutral to Buy. In the fourth quarter, WW International showed an EPS of $0.01, compared to $0.35 from the year-ago quarter. The current stock performance of WW International shows a 52-week-high of $11.03 and a 52-week-low of $3.28. Moreover, at the end of the last trading period, the closing price was at $4.12.

For Kazia Therapeutics Ltd KZIA, HC Wainwright & Co. upgraded the previous rating of Neutral to Buy. NoneThe current stock performance of Kazia Therapeutics shows a 52-week-high of $8.43 and a 52-week-low of $0.50. Moreover, at the end of the last trading period, the closing price was at $1.09.

Evercore ISI Group upgraded the previous rating for Welltower Inc WELL from In-Line to Outperform. Welltower earned $0.83 in the fourth quarter, compared to $0.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $98.33 and a 52-week-low of $56.54. Welltower closed at $72.82 at the end of the last trading period.

According to Compass Point, the prior rating for MGIC Investment Corp MTG was changed from Neutral to Buy. For the fourth quarter, MGIC Investment had an EPS of $0.64, compared to year-ago quarter EPS of $0.61. At the moment, the stock has a 52-week-high of $15.71 and a 52-week-low of $11.38. MGIC Investment closed at $13.26 at the end of the last trading period.

Compass Point upgraded the previous rating for Radian Group Inc RDN from Neutral to Buy. Radian Group earned $1.05 in the fourth quarter, compared to $1.07 in the year-ago quarter. The current stock performance of Radian Group shows a 52-week-high of $23.84 and a 52-week-low of $17.84. Moreover, at the end of the last trading period, the closing price was at $21.98.

For Mohawk Industries Inc MHK, Loop Capital upgraded the previous rating of Hold to Buy. In the fourth quarter, Mohawk Industries showed an EPS of $1.32, compared to $2.95 from the year-ago quarter. The current stock performance of Mohawk Industries shows a 52-week-high of $158.88 and a 52-week-low of $87.25. Moreover, at the end of the last trading period, the closing price was at $94.72.

For Range Resources Corp RRC, Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. In the fourth quarter, Range Resources showed an EPS of $1.30, compared to $0.96 from the year-ago quarter. The current stock performance of Range Resources shows a 52-week-high of $37.39 and a 52-week-low of $22.61. Moreover, at the end of the last trading period, the closing price was at $27.10.

According to Morgan Stanley, the prior rating for Virtu Financial Inc VIRT was changed from Underweight to Equal-Weight. Virtu Finl earned $0.37 in the fourth quarter, compared to $1.19 in the year-ago quarter. The stock has a 52-week-high of $37.54 and a 52-week-low of $16.26. At the end of the last trading period, Virtu Finl closed at $18.46.

For Federated Hermes Inc FHI, JP Morgan upgraded the previous rating of Underweight to Overweight. In the fourth quarter, Federated Hermes showed an EPS of $0.90, compared to $0.71 from the year-ago quarter. The current stock performance of Federated Hermes shows a 52-week-high of $41.43 and a 52-week-low of $27.88. Moreover, at the end of the last trading period, the closing price was at $40.16.

According to Goldman Sachs, the prior rating for Whirlpool Corp WHR was changed from Neutral to Buy. For the fourth quarter, Whirlpool had an EPS of $3.89, compared to year-ago quarter EPS of $6.14. At the moment, the stock has a 52-week-high of $199.03 and a 52-week-low of $124.10. Whirlpool closed at $129.08 at the end of the last trading period.

Piper Sandler upgraded the previous rating for Akamai Technologies Inc AKAM from Neutral to Overweight. In the fourth quarter, Akamai Techs showed an EPS of $1.37, compared to $1.49 from the year-ago quarter. The stock has a 52-week-high of $123.19 and a 52-week-low of $70.65. At the end of the last trading period, Akamai Techs closed at $78.23.

See all analyst ratings upgrades.

Downgrades

Truist Securities downgraded the previous rating for EQT Corp EQT from Buy to Hold. In the fourth quarter, EQT showed an EPS of $0.42, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $51.95 and a 52-week-low of $28.11. At the end of the last trading period, EQT closed at $33.39.

For Manhattan Associates Inc MANH, Rosenblatt downgraded the previous rating of Buy to Neutral. For the fourth quarter, Manhattan Associates had an EPS of $0.81, compared to year-ago quarter EPS of $0.48. The stock has a 52-week-high of $158.61 and a 52-week-low of $106.14. At the end of the last trading period, Manhattan Associates closed at $155.31.

For Antero Resources Corp AR, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Antero Resources earned $1.04 in the fourth quarter, compared to $0.46 in the year-ago quarter. At the moment, the stock has a 52-week-high of $48.77 and a 52-week-low of $20.65. Antero Resources closed at $24.11 at the end of the last trading period.

For Southwestern Energy Co SWN, Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. For the fourth quarter, Southwestern Energy had an EPS of $0.26, compared to year-ago quarter EPS of $0.31. At the moment, the stock has a 52-week-high of $9.87 and a 52-week-low of $4.60. Southwestern Energy closed at $5.28 at the end of the last trading period.

For Nasdaq Inc NDAQ, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Nasdaq earned $0.64 in the fourth quarter, compared to $0.64 in the year-ago quarter. The stock has a 52-week-high of $69.21 and a 52-week-low of $47.07. At the end of the last trading period, Nasdaq closed at $54.38.

For Leggett & Platt Inc LEG, Goldman Sachs downgraded the previous rating of Buy to Neutral. Leggett & Platt earned $0.39 in the fourth quarter, compared to $0.77 in the year-ago quarter. The current stock performance of Leggett & Platt shows a 52-week-high of $41.93 and a 52-week-low of $30.05. Moreover, at the end of the last trading period, the closing price was at $30.98.

See all analyst ratings downgrades.

Initiations

UBS initiated coverage on Capital Southwest Corp CSWC with a Neutral rating. The price target for Capital Southwest is set to $19.00. Capital Southwest earned $0.62 in the third quarter, compared to $0.51 in the year-ago quarter. At the moment, the stock has a 52-week-high of $24.36 and a 52-week-low of $16.29. Capital Southwest closed at $17.46 at the end of the last trading period.

EF Hutton initiated coverage on BurgerFi International Inc BFI with a Buy rating. The price target for BurgerFi International is set to $2.50. For the fourth quarter, BurgerFi International had an EPS of $0.24, compared to year-ago quarter EPS of $6.27. The stock has a 52-week-high of $4.25 and a 52-week-low of $1.05. At the end of the last trading period, BurgerFi International closed at $1.21.

Ladenburg Thalmann initiated coverage on Horizon Technology Finance Corp HRZN with a Buy rating. The price target for Horizon Tech Finance is set to $12.50. Horizon Tech Finance earned $0.40 in the fourth quarter, compared to $0.39 in the year-ago quarter. The stock has a 52-week-high of $14.33 and a 52-week-low of $9.68. At the end of the last trading period, Horizon Tech Finance closed at $11.42.

Baird initiated coverage on Hims & Hers Health Inc HIMS with a Neutral rating. The price target for Hims & Hers Health is set to $10.00. In the fourth quarter, Hims & Hers Health showed an EPS of $0.05, compared to $0.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.04 and a 52-week-low of $2.73. Hims & Hers Health closed at $9.80 at the end of the last trading period.

With an Outperform rating, Baird initiated coverage on R1 RCM Inc RCM. The price target seems to have been set at $18.00 for R1 RCM. R1 RCM earned $0.09 in the fourth quarter, compared to $0.11 in the year-ago quarter. The stock has a 52-week-high of $27.86 and a 52-week-low of $6.71. At the end of the last trading period, R1 RCM closed at $14.96.

With a Neutral rating, Baird initiated coverage on Squarespace Inc SQSP. The price target seems to have been set at $34.00 for Squarespace. Squarespace earned $0.07 in the fourth quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $33.05 and a 52-week-low of $14.43. Squarespace closed at $32.56 at the end of the last trading period.

Baird initiated coverage on GoDaddy Inc GDDY with an Outperform rating. The price target for GoDaddy is set to $95.00. For the fourth quarter, GoDaddy had an EPS of $0.60, compared to year-ago quarter EPS of $0.52. The stock has a 52-week-high of $88.30 and a 52-week-low of $64.69. At the end of the last trading period, GoDaddy closed at $76.37.

Baird initiated coverage on Roku Inc ROKU with a Neutral rating. The price target for Roku is set to $71.00. In the fourth quarter, Roku showed an EPS of $1.70, compared to $0.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $120.20 and a 52-week-low of $38.27. Roku closed at $64.32 at the end of the last trading period.

Baird initiated coverage on Match Group Inc MTCH with an Outperform rating. The price target for Match Group is set to $50.00. Match Group earned $0.30 in the fourth quarter, compared to $0.60 in the year-ago quarter. The stock has a 52-week-high of $102.97 and a 52-week-low of $34.62. At the end of the last trading period, Match Group closed at $35.67.

With an Outperform rating, Baird initiated coverage on Bumble Inc BMBL. The price target seems to have been set at $23.00 for Bumble. Bumble earned $0.23 in the fourth quarter, compared to $0.08 in the year-ago quarter. The current stock performance of Bumble shows a 52-week-high of $39.31 and a 52-week-low of $17.62. Moreover, at the end of the last trading period, the closing price was at $18.67.

With an Outperform rating, Northland Capital Markets initiated coverage on Semtech Corp SMTC. The price target seems to have been set at $32.00 for Semtech. In the fourth quarter, Semtech showed an EPS of $0.47, compared to $0.70 from the year-ago quarter. The stock has a 52-week-high of $65.51 and a 52-week-low of $21.07. At the end of the last trading period, Semtech closed at $21.52.

With a Market Perform rating, SVB Leerink initiated coverage on Corcept Therapeutics Inc CORT. The price target seems to have been set at $25.00 for Corcept Therapeutics. Corcept Therapeutics earned $0.14 in the fourth quarter, compared to $0.35 in the year-ago quarter. The current stock performance of Corcept Therapeutics shows a 52-week-high of $30.13 and a 52-week-low of $17.19. Moreover, at the end of the last trading period, the closing price was at $22.63.

Needham initiated coverage on Shopify Inc SHOP with a Hold rating. For the fourth quarter, Shopify had an EPS of $0.07, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $64.10 and a 52-week-low of $23.64. At the end of the last trading period, Shopify closed at $45.35.

With an Overweight rating, JP Morgan initiated coverage on LendingClub Corp LC. The price target seems to have been set at $11.00 for LendingClub. LendingClub earned $0.19 in the fourth quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $17.45 and a 52-week-low of $6.52. At the end of the last trading period, LendingClub closed at $6.86.

Wolfe Research initiated coverage on Array Technologies Inc ARRY with an Outperform rating. The price target for Array Technologies is set to $25.00. For the fourth quarter, Array Technologies had an EPS of $0.10, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $24.59 and a 52-week-low of $5.45. At the end of the last trading period, Array Technologies closed at $20.21.

JP Morgan initiated coverage on Upstart Holdings Inc UPST with an Underweight rating. The price target for Upstart Hldgs is set to $11.00. In the fourth quarter, Upstart Hldgs showed an EPS of $0.25, compared to $0.89 from the year-ago quarter. The stock has a 52-week-high of $96.40 and a 52-week-low of $12.01. At the end of the last trading period, Upstart Hldgs closed at $17.18.

JMP Securities initiated coverage on Chewy Inc CHWY with a Market Outperform rating. The price target for Chewy is set to $50.00. Chewy earned $0.01 in the fourth quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $52.88 and a 52-week-low of $22.23. At the end of the last trading period, Chewy closed at $35.23.

National Bank Financial Inc initiated coverage on Atlantica Sustainable Infrastructure PLC AY with a Sector Perform rating. The price target for Atlantica Sustainable is set to $31.00. For the fourth quarter, Atlantica Sustainable had an EPS of $0.03, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $36.22 and a 52-week-low of $24.46. At the end of the last trading period, Atlantica Sustainable closed at $27.88.

Keefe, Bruyette & Woods initiated coverage on Crescent Capital BDC Inc CCAP with an Outperform rating. The price target for Crescent Capital BDC is set to $18.00. For the fourth quarter, Crescent Capital BDC had an EPS of $0.49, compared to year-ago quarter EPS of $0.43. At the moment, the stock has a 52-week-high of $18.59 and a 52-week-low of $12.56. Crescent Capital BDC closed at $13.47 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on Paragon 28 Inc FNA. The price target seems to have been set at $23.00 for Paragon 28. For the fourth quarter, Paragon 28 had an EPS of $0.16, compared to year-ago quarter EPS of $0.07. The current stock performance of Paragon 28 shows a 52-week-high of $21.49 and a 52-week-low of $12.40. Moreover, at the end of the last trading period, the closing price was at $17.25.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Treace Medical Concepts Inc TMCI. The price target seems to have been set at $26.00 for Treace Medical Concepts. For the fourth quarter, Treace Medical Concepts had an EPS of $0.08, compared to year-ago quarter EPS of $0.12. At the moment, the stock has a 52-week-high of $27.97 and a 52-week-low of $12.49. Treace Medical Concepts closed at $27.41 at the end of the last trading period.

See all analyst ratings initiations.