Benzinga's Top Ratings Upgrades, Downgrades For May 24, 2023

Upgrades

According to RBC Capital, the prior rating for Northland Power Inc NPIFF was changed from Sector Perform to Outperform.

BMO Capital upgraded the previous rating for Camping World Holdings Inc CWH from Market Perform to Outperform. Camping World Holdings earned $0.14 in the first quarter, compared to $1.15 in the year-ago quarter. The current stock performance of Camping World Holdings shows a 52-week-high of $33.98 and a 52-week-low of $18.69. Moreover, at the end of the last trading period, the closing price was at $26.32.

For Accolade Inc ACCD, B of A Securities upgraded the previous rating of Neutral to Buy. For the fourth quarter, Accolade had an EPS of $0.42, compared to year-ago quarter EPS of $0.51. The current stock performance of Accolade shows a 52-week-high of $17.00 and a 52-week-low of $5.24. Moreover, at the end of the last trading period, the closing price was at $11.08.

According to Exane BNP Paribas, the prior rating for Workday Inc WDAY was changed from Neutral to Outperform. Workday earned $0.99 in the fourth quarter, compared to $0.78 in the year-ago quarter. The current stock performance of Workday shows a 52-week-high of $206.68 and a 52-week-low of $128.73. Moreover, at the end of the last trading period, the closing price was at $192.87.

Jefferies upgraded the previous rating for Sherwin-Williams Co SHW from Hold to Buy. For the first quarter, Sherwin-Williams had an EPS of $2.04, compared to year-ago quarter EPS of $1.61. At the moment, the stock has a 52-week-high of $278.25 and a 52-week-low of $195.57. Sherwin-Williams closed at $227.05 at the end of the last trading period.

For First Horizon Corp FHN, Jefferies upgraded the previous rating of Hold to Buy. In the first quarter, First Horizon showed an EPS of $0.45, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $24.90 and a 52-week-low of $8.99. At the end of the last trading period, First Horizon closed at $11.24.

For Urban Outfitters Inc URBN, Barclays upgraded the previous rating of Equal-Weight to Overweight. In the first quarter, Urban Outfitters showed an EPS of $0.56, compared to $0.33 from the year-ago quarter. The stock has a 52-week-high of $29.74 and a 52-week-low of $17.84. At the end of the last trading period, Urban Outfitters closed at $26.66.

According to Truist Securities, the prior rating for Berry Global Group Inc BERY was changed from Hold to Buy. In the second quarter, Berry Global Gr showed an EPS of $1.96, compared to $1.93 from the year-ago quarter. The current stock performance of Berry Global Gr shows a 52-week-high of $66.21 and a 52-week-low of $44.60. Moreover, at the end of the last trading period, the closing price was at $58.53.

Barclays upgraded the previous rating for Owens-Corning Inc OC from Equal-Weight to Overweight. Owens-Corning earned $2.77 in the first quarter, compared to $2.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $112.17 and a 52-week-low of $73.07. Owens-Corning closed at $108.12 at the end of the last trading period.

BTIG upgraded the previous rating for Organogenesis Holdings Inc ORGO from Neutral to Buy. Organogenesis Hldgs earned $0.01 in the first quarter, compared to $0.01 in the year-ago quarter. The stock has a 52-week-high of $6.52 and a 52-week-low of $1.79. At the end of the last trading period, Organogenesis Hldgs closed at $3.44.

See all analyst ratings upgrades.

Downgrades

For Shopify Inc SHOP, Exane BNP Paribas downgraded the previous rating of Neutral to Underperform. For the first quarter, Shopify had an EPS of $0.01, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $65.54 and a 52-week-low of $23.64. At the end of the last trading period, Shopify closed at $58.33.

According to Veritas Research, the prior rating for Textron Inc TXT was changed from Buy to Hold. Textron earned $1.05 in the first quarter, compared to $0.88 in the year-ago quarter. At the moment, the stock has a 52-week-high of $76.11 and a 52-week-low of $57.12. Textron closed at $63.97 at the end of the last trading period.

According to JP Morgan, the prior rating for Integra Lifesciences Holdings Corp IART was changed from Neutral to Underweight. Integra Lifesciences earned $0.74 in the first quarter, compared to $0.74 in the year-ago quarter. At the moment, the stock has a 52-week-high of $62.94 and a 52-week-low of $39.78. Integra Lifesciences closed at $40.48 at the end of the last trading period.

For PDC Energy Inc PDCE, Mizuho downgraded the previous rating of Buy to Neutral. For the first quarter, PDC Energy had an EPS of $2.61, compared to year-ago quarter EPS of $3.66. At the moment, the stock has a 52-week-high of $89.20 and a 52-week-low of $51.72. PDC Energy closed at $71.72 at the end of the last trading period.

Barclays downgraded the previous rating for SiteOne Landscape Supply Inc SITE from Equal-Weight to Underweight. SiteOne Landscape Supply earned $0.10 in the first quarter, compared to $0.70 in the year-ago quarter. At the moment, the stock has a 52-week-high of $165.32 and a 52-week-low of $97.51. SiteOne Landscape Supply closed at $148.07 at the end of the last trading period.

BMO Capital downgraded the previous rating for Superior Gold Inc SUPGF from Outperform to Market Perform. The current stock performance of Superior Gold shows a 52-week-high of $0.70 and a 52-week-low of $0.12. Moreover, at the end of the last trading period, the closing price was at $0.14.

According to Keybanc, the prior rating for Agilent Technologies Inc A was changed from Overweight to Sector Weight. Agilent Technologies earned $1.27 in the second quarter, compared to $1.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $160.08 and a 52-week-low of $112.66. Agilent Technologies closed at $128.64 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With an Overweight rating, Barclays initiated coverage on RXO Inc RXO. The price target seems to have been set at $27.00 for RXO. For the first quarter, RXO had an EPS of $0.11, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $22.11 and a 52-week-low of $14.75. At the end of the last trading period, RXO closed at $20.45.

WestPark Capital initiated coverage on SpringBig Holdings Inc SBIG with a Buy rating. The price target for SpringBig Holdings is set to $2.00. The stock has a 52-week-high of $5.45 and a 52-week-low of $0.42. At the end of the last trading period, SpringBig Holdings closed at $0.43.

WestPark Capital initiated coverage on Leafly Holdings Inc LFLY with a Hold rating. Leafly Holdings earned $0.14 in the first quarter, compared to $0.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $10.92 and a 52-week-low of $0.31. Leafly Holdings closed at $0.35 at the end of the last trading period.

WestPark Capital initiated coverage on WM Technology Inc MAPS with a Hold rating. WM Tech earned $0.03 in the first quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.33 and a 52-week-low of $0.60. WM Tech closed at $1.00 at the end of the last trading period.

National Alliance Securities initiated coverage on Upexi Inc UPXI with a Buy rating. The price target for Upexi is set to $7.00. Upexi earned $0.11 in the third quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $5.67 and a 52-week-low of $2.53. At the end of the last trading period, Upexi closed at $3.11.

Bernstein initiated coverage on Ambev SA ABEV with an Outperform rating. The price target for Ambev is set to $3.74. In the first quarter, Ambev showed an EPS of $0.05, compared to $0.04 from the year-ago quarter. The current stock performance of Ambev shows a 52-week-high of $3.24 and a 52-week-low of $2.40. Moreover, at the end of the last trading period, the closing price was at $2.88.

HC Wainwright & Co. initiated coverage on CARISMA Therapeutics Inc CARM with a Buy rating. The price target for CARISMA Therapeutics is set to $10.00. In the first quarter, CARISMA Therapeutics showed an EPS of $1.93, compared to $5.49 from the year-ago quarter. The stock has a 52-week-high of $6.87 and a 52-week-low of $2.75. At the end of the last trading period, CARISMA Therapeutics closed at $5.24.

Wells Fargo initiated coverage on DICE Therapeutics Inc DICE with a Equal-Weight rating. The price target for DICE Therapeutics is set to $38.00. DICE Therapeutics earned $0.54 in the first quarter, compared to $0.50 in the year-ago quarter. At the moment, the stock has a 52-week-high of $45.98 and a 52-week-low of $12.67. DICE Therapeutics closed at $34.11 at the end of the last trading period.

With a Strong Buy rating, Raymond James initiated coverage on Zura Bio Ltd ZURA. The price target seems to have been set at $20.00 for Zura Bio. At the moment, the stock has a 52-week-high of $37.55 and a 52-week-low of $4.87. Zura Bio closed at $5.35 at the end of the last trading period.

With a Buy rating, Goldman Sachs initiated coverage on IDEAYA Biosciences Inc IDYA. The price target seems to have been set at $32.00 for IDEAYA Biosciences. For the first quarter, IDEAYA Biosciences had an EPS of $0.49, compared to year-ago quarter EPS of $0.36. At the moment, the stock has a 52-week-high of $23.08 and a 52-week-low of $9.01. IDEAYA Biosciences closed at $21.90 at the end of the last trading period.

Wells Fargo initiated coverage on Kimco Realty Corp KIM with an Underweight rating. The price target for Kimco Realty is set to $19.00. For the first quarter, Kimco Realty had an EPS of $0.39, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $23.89 and a 52-week-low of $17.34. At the end of the last trading period, Kimco Realty closed at $18.42.

JP Morgan initiated coverage on Wipro Ltd WIT with an Underweight rating. The price target for Wipro is set to $4.30. Wipro earned $0.07 in the fourth quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.18 and a 52-week-low of $4.32. Wipro closed at $4.71 at the end of the last trading period.

With an Underweight rating, JP Morgan initiated coverage on Infosys Ltd INFY. The price target seems to have been set at $14.00 for Infosys. For the fourth quarter, Infosys had an EPS of $0.18, compared to year-ago quarter EPS of $0.18. At the moment, the stock has a 52-week-high of $20.59 and a 52-week-low of $14.71. Infosys closed at $15.53 at the end of the last trading period.

JMP Securities initiated coverage on Warby Parker Inc WRBY with a Market Perform rating. In the first quarter, Warby Parker showed an EPS of $0.06, compared to $0.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.97 and a 52-week-low of $9.50. Warby Parker closed at $11.61 at the end of the last trading period.

BMO Capital initiated coverage on Autodesk Inc ADSK with a Market Perform rating. The price target for Autodesk is set to $224.00. For the fourth quarter, Autodesk had an EPS of $1.86, compared to year-ago quarter EPS of $1.50. The stock has a 52-week-high of $234.99 and a 52-week-low of $163.20. At the end of the last trading period, Autodesk closed at $196.64.

BMO Capital initiated coverage on PTC Inc PTC with an Outperform rating. The price target for PTC is set to $166.00. In the second quarter, PTC showed an EPS of $1.16, compared to $1.39 from the year-ago quarter. The current stock performance of PTC shows a 52-week-high of $139.91 and a 52-week-low of $97.97. Moreover, at the end of the last trading period, the closing price was at $130.86.

With an Outperform rating, Evercore ISI Group initiated coverage on Stem Inc STEM. The price target seems to have been set at $11.00 for Stem. Stem earned $0.29 in the first quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of $18.01 and a 52-week-low of $3.71. At the end of the last trading period, Stem closed at $4.62.

JonesTrading initiated coverage on Oncolytics Biotech Inc ONCY with a Buy rating. The price target for Oncolytics Biotech is set to $9.00. For the first quarter, Oncolytics Biotech had an EPS of $0.07, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $2.28 and a 52-week-low of $0.82. At the end of the last trading period, Oncolytics Biotech closed at $1.79.

For Lattice Semiconductor Corp LSCC, Raymond James initiated coverage, by setting the current rating at Market Perform. For the first quarter, Lattice Semiconductor had an EPS of $0.51, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $96.82 and a 52-week-low of $43.42. At the end of the last trading period, Lattice Semiconductor closed at $80.56.

With a Equal-Weight rating, Wells Fargo initiated coverage on SITE Centers Corp SITC. The price target seems to have been set at $12.50 for SITE Centers. In the first quarter, SITE Centers showed an EPS of $0.30, compared to $0.29 from the year-ago quarter. The stock has a 52-week-high of $16.08 and a 52-week-low of $10.43. At the end of the last trading period, SITE Centers closed at $11.99.

Wells Fargo initiated coverage on Phillips Edison & Co Inc PECO with a Equal-Weight rating. The price target for Phillips Edison is set to $31.00. Phillips Edison earned $0.14 in the first quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $35.90 and a 52-week-low of $27.08. Phillips Edison closed at $29.45 at the end of the last trading period.

Wells Fargo initiated coverage on Federal Realty Investment Trust FRT with a Equal-Weight rating. The price target for Federal Realty Investment is set to $93.00. Federal Realty Investment earned $1.59 in the first quarter, compared to $1.50 in the year-ago quarter. The current stock performance of Federal Realty Investment shows a 52-week-high of $116.04 and a 52-week-low of $86.52. Moreover, at the end of the last trading period, the closing price was at $89.38.

With an Overweight rating, Wells Fargo initiated coverage on Retail Opportunity Investments Corp ROIC. The price target seems to have been set at $14.00 for Retail Opportunity. Retail Opportunity earned $0.25 in the first quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $18.78 and a 52-week-low of $12.00. At the end of the last trading period, Retail Opportunity closed at $12.49.

With a Equal-Weight rating, Wells Fargo initiated coverage on Brixmor Property Group Inc BRX. The price target seems to have been set at $21.00 for Brixmor Property Group. Brixmor Property Group earned $0.50 in the first quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $24.53 and a 52-week-low of $17.62. At the end of the last trading period, Brixmor Property Group closed at $20.31.

With an Overweight rating, Wells Fargo initiated coverage on InvenTrust Properties Corp IVT. The price target seems to have been set at $25.00 for InvenTrust Properties. In the first quarter, InvenTrust Properties showed an EPS of $0.42, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $32.89 and a 52-week-low of $20.84. At the end of the last trading period, InvenTrust Properties closed at $21.58.

With an Underweight rating, Wells Fargo initiated coverage on Kite Realty Group Trust KRG. The price target seems to have been set at $20.00 for Kite Realty Gr Trust. In the first quarter, Kite Realty Gr Trust showed an EPS of $0.51, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $23.10 and a 52-week-low of $16.43. At the end of the last trading period, Kite Realty Gr Trust closed at $20.31.

See all analyst ratings initiations.