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

Upgrades

According to Colliers Securities, the prior rating for Centerspace CSR was changed from Neutral to Buy. In the first quarter, Centerspace showed an EPS of $1.07, compared to $0.98 from the year-ago quarter. The stock has a 52-week-high of $96.84 and a 52-week-low of $51.26. At the end of the last trading period, Centerspace closed at $56.87.

According to Bernstein, the prior rating for Roper Technologies Inc ROP was changed from Market Perform to Outperform. Roper Techs earned $3.90 in the first quarter, compared to $3.77 in the year-ago quarter. At the moment, the stock has a 52-week-high of $481.65 and a 52-week-low of $357.25. Roper Techs closed at $458.63 at the end of the last trading period.

For Okta Inc OKTA, OTR Global upgraded the previous rating of Negative to Mixed. For the fourth quarter, Okta had an EPS of $0.30, compared to year-ago quarter EPS of $0.18. The current stock performance of Okta shows a 52-week-high of $131.00 and a 52-week-low of $44.13. Moreover, at the end of the last trading period, the closing price was at $68.64.

For Annaly Capital Management Inc NLY, Piper Sandler upgraded the previous rating of Neutral to Overweight. For the first quarter, Annaly Capital Management had an EPS of $0.81, compared to year-ago quarter EPS of $1.12. At the moment, the stock has a 52-week-high of $27.94 and a 52-week-low of $15.11. Annaly Capital Management closed at $19.32 at the end of the last trading period.

According to RBC Capital, the prior rating for VSE Corp VSEC was changed from Sector Perform to Outperform. VSE earned $0.83 in the first quarter, compared to $0.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $59.15 and a 52-week-low of $32.28. VSE closed at $42.98 at the end of the last trading period.

For PENN Entertainment Inc PENN, Roth MKM upgraded the previous rating of Neutral to Buy. For the fourth quarter, PENN Entertainment had an EPS of $0.13, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $39.35 and a 52-week-low of $25.49. At the end of the last trading period, PENN Entertainment closed at $30.53.

Morgan Stanley upgraded the previous rating for HP Inc HPQ from Underweight to Equal-Weight. HP earned $0.75 in the first quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $40.74 and a 52-week-low of $24.08. At the end of the last trading period, HP closed at $29.96.

According to Morgan Stanley, the prior rating for Dell Technologies Inc DELL was changed from Equal-Weight to Overweight. In the fourth quarter, Dell Technologies showed an EPS of $1.80, compared to $1.72 from the year-ago quarter. The stock has a 52-week-high of $52.56 and a 52-week-low of $32.90. At the end of the last trading period, Dell Technologies closed at $43.82.

According to Goldman Sachs, the prior rating for Genuine Parts Co GPC was changed from Sell to Neutral. In the first quarter, Genuine Parts showed an EPS of $2.14, compared to $1.86 from the year-ago quarter. The current stock performance of Genuine Parts shows a 52-week-high of $187.61 and a 52-week-low of $125.58. Moreover, at the end of the last trading period, the closing price was at $170.92.

See all analyst ratings upgrades.

Downgrades

Northland Capital Markets downgraded the previous rating for Chegg Inc CHGG from Outperform to Market Perform. Chegg earned $0.27 in the first quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $30.05 and a 52-week-low of $15.25. At the end of the last trading period, Chegg closed at $17.60.

Argus Research downgraded the previous rating for PACCAR Inc PCAR from Buy to Hold. In the first quarter, PACCAR showed an EPS of $2.25, compared to $1.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.72 and a 52-week-low of $51.33. PACCAR closed at $74.79 at the end of the last trading period.

For E2open Parent Holdings Inc ETWO, Craig-Hallum downgraded the previous rating of Buy to Hold. In the fourth quarter, E2open Parent Holdings showed an EPS of $0.07, compared to $0.08 from the year-ago quarter. The current stock performance of E2open Parent Holdings shows a 52-week-high of $9.18 and a 52-week-low of $4.90. Moreover, at the end of the last trading period, the closing price was at $6.24.

Barclays downgraded the previous rating for Capri Holdings Ltd CPRI from Overweight to Equal-Weight. For the third quarter, Capri Holdings had an EPS of $1.84, compared to year-ago quarter EPS of $2.22. At the moment, the stock has a 52-week-high of $69.25 and a 52-week-low of $36.91. Capri Holdings closed at $41.36 at the end of the last trading period.

According to Barclays, the prior rating for FIGS Inc FIGS was changed from Equal-Weight to Underweight. In the fourth quarter, FIGS showed an EPS of $0.05, compared to $0.09 from the year-ago quarter. The current stock performance of FIGS shows a 52-week-high of $16.57 and a 52-week-low of $5.55. Moreover, at the end of the last trading period, the closing price was at $7.25.

Barclays downgraded the previous rating for Victoria's Secret & Co VSCO from Overweight to Equal-Weight. Victoria's Secret earned $2.47 in the fourth quarter, compared to $2.70 in the year-ago quarter. The current stock performance of Victoria's Secret shows a 52-week-high of $50.88 and a 52-week-low of $26.16. Moreover, at the end of the last trading period, the closing price was at $30.00.

According to Barclays, the prior rating for Canada Goose Holdings Inc GOOS was changed from Overweight to Equal-Weight. For the third quarter, Canada Goose Hldgs had an EPS of $0.95, compared to year-ago quarter EPS of $1.13. The stock has a 52-week-high of $24.73 and a 52-week-low of $14.51. At the end of the last trading period, Canada Goose Hldgs closed at $19.79.

Barclays downgraded the previous rating for National Vision Holdings Inc EYE from Overweight to Equal-Weight. For the fourth quarter, National Vision Holdings had an EPS of $0.08, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $43.82 and a 52-week-low of $17.25. National Vision Holdings closed at $21.39 at the end of the last trading period.

According to Barclays, the prior rating for Under Armour Inc UAA was changed from Overweight to Equal-Weight. In the third quarter, Under Armour showed an EPS of $0.16, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $15.79 and a 52-week-low of $6.39. At the end of the last trading period, Under Armour closed at $8.62.

B of A Securities downgraded the previous rating for Quest Diagnostics Inc DGX from Buy to Neutral. Quest Diagnostics earned $2.04 in the first quarter, compared to $3.22 in the year-ago quarter. The stock has a 52-week-high of $158.34 and a 52-week-low of $120.40. At the end of the last trading period, Quest Diagnostics closed at $139.48.

For SoFi Technologies Inc SOFI, Wedbush downgraded the previous rating of Outperform to Neutral. For the first quarter, SoFi Techs had an EPS of $0.05, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $8.52 and a 52-week-low of $4.25. At the end of the last trading period, SoFi Techs closed at $5.47.

HC Wainwright & Co. downgraded the previous rating for IMV Inc IMV from Buy to Neutral. For the fourth quarter, IMV had an EPS of $0.95, compared to year-ago quarter EPS of $1.40.

HC Wainwright & Co. downgraded the previous rating for IVERIC bio Inc ISEE from Buy to Neutral. IVERIC bio earned $0.47 in the fourth quarter, compared to $0.29 in the year-ago quarter. The current stock performance of IVERIC bio shows a 52-week-high of $38.25 and a 52-week-low of $8.88. Moreover, at the end of the last trading period, the closing price was at $38.05.

For Chegg Inc CHGG, Jefferies downgraded the previous rating of Buy to Hold. Chegg earned $0.27 in the first quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.05 and a 52-week-low of $15.25. Chegg closed at $17.60 at the end of the last trading period.

For Shoals Technologies Group Inc SHLS, Barclays downgraded the previous rating of Equal-Weight to Underweight. In the fourth quarter, Shoals Technologies Gr showed an EPS of $0.15, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.37 and a 52-week-low of $9.72. Shoals Technologies Gr closed at $20.29 at the end of the last trading period.

For Walker & Dunlop Inc WD, JMP Securities downgraded the previous rating of Market Outperform to Market Perform. In the fourth quarter, Walker & Dunlop showed an EPS of $1.24, compared to $2.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $125.62 and a 52-week-low of $62.87. Walker & Dunlop closed at $67.18 at the end of the last trading period.

For Coinbase Global Inc COIN, Citigroup downgraded the previous rating of Buy to Neutral. Coinbase Glb earned $2.46 in the fourth quarter, compared to $3.32 in the year-ago quarter. The stock has a 52-week-high of $132.72 and a 52-week-low of $31.55. At the end of the last trading period, Coinbase Glb closed at $50.14.

See all analyst ratings downgrades.

Initiations

Lake Street initiated coverage on Evogene Ltd EVGN with a Buy rating. The price target for Evogene is set to $2.00. In the fourth quarter, Evogene showed an EPS of $0.07, compared to $0.18 from the year-ago quarter. The current stock performance of Evogene shows a 52-week-high of $1.30 and a 52-week-low of $0.55. Moreover, at the end of the last trading period, the closing price was at $0.56.

Northland Capital Markets initiated coverage on Teradata Corp TDC with an Outperform rating. The price target for Teradata is set to $63.00. Teradata earned $0.35 in the fourth quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Teradata shows a 52-week-high of $42.79 and a 52-week-low of $28.74. Moreover, at the end of the last trading period, the closing price was at $41.04.

Northcoast Research initiated coverage on Brinker International Inc EAT with a Neutral rating. Brinker International earned $0.76 in the second quarter, compared to $0.71 in the year-ago quarter. At the moment, the stock has a 52-week-high of $42.12 and a 52-week-low of $21.48. Brinker International closed at $40.28 at the end of the last trading period.

With a Strong Buy rating, Raymond James initiated coverage on AlTi Global Inc ALTI. The price target seems to have been set at $8.00 for AlTi Global. AlTi Global earned $0.21 in the fourth quarter, compared to $0.01 in the year-ago quarter. The current stock performance of AlTi Global shows a 52-week-high of $27.50 and a 52-week-low of $5.54. Moreover, at the end of the last trading period, the closing price was at $5.95.

For ChargePoint Holdings Inc CHPT, Guggenheim initiated coverage, by setting the current rating at Neutral. ChargePoint Hldgs earned $0.13 in the fourth quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $19.92 and a 52-week-low of $8.07. ChargePoint Hldgs closed at $8.46 at the end of the last trading period.

For Sana Biotechnology Inc SANA, HC Wainwright & Co. initiated coverage, by setting the current rating at Neutral. For the fourth quarter, Sana Biotechnology had an EPS of $0.40, compared to year-ago quarter EPS of $0.65. At the moment, the stock has a 52-week-high of $9.55 and a 52-week-low of $2.99. Sana Biotechnology closed at $5.47 at the end of the last trading period.

With a Market Outperform rating, JMP Securities initiated coverage on Planet Labs PBC PL. The price target seems to have been set at $5.50 for Planet Labs. For the fourth quarter, Planet Labs had an EPS of $0.14, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $7.51 and a 52-week-low of $3.29. Planet Labs closed at $4.01 at the end of the last trading period.

UBS initiated coverage on Ameresco Inc AMRC with a Buy rating. The price target for Ameresco is set to $60.00. Ameresco earned $0.03 in the first quarter, compared to $0.36 in the year-ago quarter. The stock has a 52-week-high of $76.52 and a 52-week-low of $40.61. At the end of the last trading period, Ameresco closed at $40.78.

Rosenblatt initiated coverage on Zscaler Inc ZS with a Buy rating. The price target for Zscaler is set to $135.00. For the second quarter, Zscaler had an EPS of $0.37, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $217.01 and a 52-week-low of $87.35. Zscaler closed at $88.74 at the end of the last trading period.

Rosenblatt initiated coverage on CyberArk Software Ltd CYBR with a Buy rating. The price target for CyberArk Software is set to $175.00. CyberArk Software earned $0.16 in the fourth quarter, compared to $0.28 in the year-ago quarter. At the moment, the stock has a 52-week-high of $165.00 and a 52-week-low of $100.35. CyberArk Software closed at $124.93 at the end of the last trading period.

Stifel initiated coverage on Gildan Activewear Inc GIL with a Buy rating. The price target for Gildan Activewear is set to $38.00. In the fourth quarter, Gildan Activewear showed an EPS of $0.65, compared to $0.76 from the year-ago quarter. The stock has a 52-week-high of $35.77 and a 52-week-low of $25.68. At the end of the last trading period, Gildan Activewear closed at $32.40.

Rosenblatt initiated coverage on Palo Alto Networks Inc PANW with a Buy rating. The price target for Palo Alto Networks is set to $250.00. For the second quarter, Palo Alto Networks had an EPS of $1.05, compared to year-ago quarter EPS of $0.58. The current stock performance of Palo Alto Networks shows a 52-week-high of $203.44 and a 52-week-low of $132.22. Moreover, at the end of the last trading period, the closing price was at $183.30.

With a Buy rating, Rosenblatt initiated coverage on CrowdStrike Holdings Inc CRWD. The price target seems to have been set at $170.00 for CrowdStrike Holdings. CrowdStrike Holdings earned $0.47 in the fourth quarter, compared to $0.30 in the year-ago quarter. The stock has a 52-week-high of $212.10 and a 52-week-low of $92.25. At the end of the last trading period, CrowdStrike Holdings closed at $118.79.

Rosenblatt initiated coverage on Fortinet Inc FTNT with a Buy rating. The price target for Fortinet is set to $80.00. Fortinet earned $0.44 in the fourth quarter, compared to $0.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.07 and a 52-week-low of $42.69. Fortinet closed at $62.81 at the end of the last trading period.

See all analyst ratings initiations.