Benzinga's Top Ratings Upgrades, Downgrades For July 13, 2023

Upgrades

For The Goldman Sachs Group Inc GS, Odeon Capital upgraded the previous rating of Hold to Buy. Goldman Sachs Gr earned $8.79 in the first quarter, compared to $10.76 in the year-ago quarter. The current stock performance of Goldman Sachs Gr shows a 52-week-high of $389.43 and a 52-week-low of $277.91. Moreover, at the end of the last trading period, the closing price was at $326.40.

For Lennox International Inc LII, William Blair upgraded the previous rating of Market Perform to Outperform. Lennox Intl earned $2.83 in the first quarter, compared to $2.47 in the year-ago quarter. The current stock performance of Lennox Intl shows a 52-week-high of $337.44 and a 52-week-low of $203.82. Moreover, at the end of the last trading period, the closing price was at $334.30.

Scotiabank upgraded the previous rating for Snowflake Inc SNOW from Sector Perform to Sector Outperform. For the first quarter, Snowflake had an EPS of $0.15, compared to year-ago quarter EPS of $0.08. The current stock performance of Snowflake shows a 52-week-high of $205.63 and a 52-week-low of $119.27. Moreover, at the end of the last trading period, the closing price was at $171.93.

For Pilgrims Pride Corp PPC, BMO Capital upgraded the previous rating of Market Perform to Outperform. In the first quarter, Pilgrims Pride showed an EPS of $0.08, compared to $1.18 from the year-ago quarter. The current stock performance of Pilgrims Pride shows a 52-week-high of $33.95 and a 52-week-low of $19.96. Moreover, at the end of the last trading period, the closing price was at $23.13.

According to Northcoast Research, the prior rating for Domino's Pizza Inc DPZ was changed from Neutral to Buy. Domino's Pizza earned $2.93 in the first quarter, compared to $2.50 in the year-ago quarter. At the moment, the stock has a 52-week-high of $425.75 and a 52-week-low of $285.84. Domino's Pizza closed at $388.59 at the end of the last trading period.

According to HC Wainwright & Co., the prior rating for Intercept Pharmaceuticals Inc ICPT was changed from Sell to Buy. For the first quarter, Intercept Pharma had an EPS of $0.77, compared to year-ago quarter EPS of $0.58. At the moment, the stock has a 52-week-high of $21.86 and a 52-week-low of $8.82. Intercept Pharma closed at $11.15 at the end of the last trading period.

Credit Suisse upgraded the previous rating for Thermo Fisher Scientific Inc TMO from Neutral to Outperform. For the first quarter, Thermo Fisher Scientific had an EPS of $5.03, compared to year-ago quarter EPS of $7.25. The stock has a 52-week-high of $610.07 and a 52-week-low of $476.79. At the end of the last trading period, Thermo Fisher Scientific closed at $525.92.

According to B of A Securities, the prior rating for BioCryst Pharmaceuticals Inc BCRX was changed from Neutral to Buy. In the first quarter, BioCryst Pharma showed an EPS of $0.28, compared to $0.40 from the year-ago quarter. The stock has a 52-week-high of $15.43 and a 52-week-low of $6.82. At the end of the last trading period, BioCryst Pharma closed at $7.18.

Keefe, Bruyette & Woods upgraded the previous rating for Lazard Ltd LAZ from Underperform to Market Perform. Lazard earned $0.26 in the first quarter, compared to $1.05 in the year-ago quarter. The stock has a 52-week-high of $43.44 and a 52-week-low of $27.71. At the end of the last trading period, Lazard closed at $34.12.

For Meta Platforms Inc META, TD Cowen upgraded the previous rating of Market Perform to Outperform. In the first quarter, Meta Platforms showed an EPS of $2.20, compared to $2.72 from the year-ago quarter. The stock has a 52-week-high of $309.45 and a 52-week-low of $88.10. At the end of the last trading period, Meta Platforms closed at $309.34.

See all analyst ratings upgrades.

Downgrades

For Activision Blizzard Inc ATVI, Barclays downgraded the previous rating of Overweight to Equal-Weight. In the first quarter, Activision Blizzard showed an EPS of $0.60, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $92.91 and a 52-week-low of $70.94. At the end of the last trading period, Activision Blizzard closed at $90.00.

BMO Capital downgraded the previous rating for Suncor Energy Inc SU from Outperform to Market Perform. Suncor Energy earned $1.01 in the first quarter, compared to $1.52 in the year-ago quarter. The current stock performance of Suncor Energy shows a 52-week-high of $37.22 and a 52-week-low of $26.44. Moreover, at the end of the last trading period, the closing price was at $29.70.

For Ceridian HCM Holding Inc CDAY, TD Cowen downgraded the previous rating of Outperform to Market Perform. In the first quarter, Ceridian HCM Holding showed an EPS of $0.31, compared to $0.13 from the year-ago quarter. The stock has a 52-week-high of $79.66 and a 52-week-low of $46.12. At the end of the last trading period, Ceridian HCM Holding closed at $67.98.

Scotiabank downgraded the previous rating for TFI International Inc TFII from Sector Outperform to Sector Perform. For the first quarter, TFI International had an EPS of $1.33, compared to year-ago quarter EPS of $1.68. At the moment, the stock has a 52-week-high of $128.93 and a 52-week-low of $81.74. TFI International closed at $109.44 at the end of the last trading period.

According to Exane BNP Paribas, the prior rating for Activision Blizzard Inc ATVI was changed from Outperform to Neutral. For the first quarter, Activision Blizzard had an EPS of $0.60, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $92.91 and a 52-week-low of $70.94. At the end of the last trading period, Activision Blizzard closed at $90.00.

For CryoPort Inc CYRX, SVB Leerink downgraded the previous rating of Outperform to Market Perform. CryoPort earned $0.16 in the first quarter, compared to $0.31 in the year-ago quarter. The stock has a 52-week-high of $45.34 and a 52-week-low of $15.75. At the end of the last trading period, CryoPort closed at $19.40.

Loop Capital downgraded the previous rating for LL Flooring Holdings Inc LL from Hold to Sell. In the first quarter, LL Flooring Holdings showed an EPS of $0.31, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.98 and a 52-week-low of $2.75. LL Flooring Holdings closed at $4.26 at the end of the last trading period.

According to WestPark Capital, the prior rating for IonQ Inc IONQ was changed from Buy to Hold. In the first quarter, IonQ showed an EPS of $0.14, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $15.07 and a 52-week-low of $3.04. At the end of the last trading period, IonQ closed at $14.72.

JP Morgan downgraded the previous rating for Carvana Co CVNA from Neutral to Underweight. In the first quarter, Carvana showed an EPS of $1.51, compared to $2.89 from the year-ago quarter. The stock has a 52-week-high of $58.01 and a 52-week-low of $3.56. At the end of the last trading period, Carvana closed at $38.89.

For ACV Auctions Inc ACVA, JP Morgan downgraded the previous rating of Overweight to Neutral. ACV Auctions earned $0.11 in the first quarter, compared to $0.19 in the year-ago quarter. The current stock performance of ACV Auctions shows a 52-week-high of $18.59 and a 52-week-low of $6.28. Moreover, at the end of the last trading period, the closing price was at $17.90.

Morgan Stanley downgraded the previous rating for SoFi Technologies Inc SOFI from Equal-Weight to Underweight. 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 $10.23 and a 52-week-low of $4.25. At the end of the last trading period, SoFi Techs closed at $9.20.

According to Stifel, the prior rating for The Scotts Miracle Gro Co SMG was changed from Buy to Hold. In the second quarter, Scotts Miracle Gro showed an EPS of $3.78, compared to $5.03 from the year-ago quarter. The stock has a 52-week-high of $89.95 and a 52-week-low of $39.06. At the end of the last trading period, Scotts Miracle Gro closed at $71.57.

For Engagesmart Inc ESMT, Goldman Sachs downgraded the previous rating of Buy to Neutral. In the first quarter, Engagesmart showed an EPS of $0.02, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.56 and a 52-week-low of $15.01. Engagesmart closed at $19.58 at the end of the last trading period.

For Coinbase Global Inc COIN, Barclays downgraded the previous rating of Equal-Weight to Underweight. For the first quarter, Coinbase Glb had an EPS of $0.34, compared to year-ago quarter EPS of $1.98. The current stock performance of Coinbase Glb shows a 52-week-high of $116.30 and a 52-week-low of $31.55. Moreover, at the end of the last trading period, the closing price was at $85.95.

Truist Securities downgraded the previous rating for Activision Blizzard Inc ATVI from Buy to Hold. For the first quarter, Activision Blizzard had an EPS of $0.60, compared to year-ago quarter EPS of $0.38. The current stock performance of Activision Blizzard shows a 52-week-high of $92.91 and a 52-week-low of $70.94. Moreover, at the end of the last trading period, the closing price was at $90.00.

See all analyst ratings downgrades.

Initiations

Capital One initiated coverage on Outlook Therapeutics Inc OTLK with an Overweight rating. The price target for Outlook Therapeutics is set to $5.00. For the second quarter, Outlook Therapeutics had an EPS of $0.03, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $2.03 and a 52-week-low of $0.80. Outlook Therapeutics closed at $1.74 at the end of the last trading period.

With an Overweight rating, Morgan Stanley initiated coverage on Everest Group Ltd EG. The price target seems to have been set at $429.00 for Everest Group. For the first quarter, Everest Group had an EPS of $11.31, compared to year-ago quarter EPS of $10.31. The stock has a 52-week-high of $354.74 and a 52-week-low of $344.58. At the end of the last trading period, Everest Group closed at $352.64.

Keybanc initiated coverage on Axonics Inc AXNX with an Overweight rating. The price target for Axonics is set to $70.00. Axonics earned $0.19 in the first quarter, compared to $0.50 in the year-ago quarter. The current stock performance of Axonics shows a 52-week-high of $79.88 and a 52-week-low of $47.59. Moreover, at the end of the last trading period, the closing price was at $48.64.

With an Outperform rating, BMO Capital initiated coverage on American Tower Corp AMT. The price target seems to have been set at $230.00 for American Tower. In the first quarter, American Tower showed an EPS of $2.54, compared to $2.55 from the year-ago quarter. At the moment, the stock has a 52-week-high of $282.43 and a 52-week-low of $178.53. American Tower closed at $195.43 at the end of the last trading period.

BMO Capital initiated coverage on Crown Castle Inc CCI with an Underperform rating. The price target for Crown Castle is set to $113.00. For the first quarter, Crown Castle had an EPS of $1.91, compared to year-ago quarter EPS of $1.87. The current stock performance of Crown Castle shows a 52-week-high of $184.77 and a 52-week-low of $107.62. Moreover, at the end of the last trading period, the closing price was at $116.44.

With a Market Perform rating, BMO Capital initiated coverage on SBA Communications Corp SBAC. The price target seems to have been set at $260.00 for SBA Comms. SBA Comms earned $0.92 in the first quarter, compared to $1.72 in the year-ago quarter. The stock has a 52-week-high of $356.47 and a 52-week-low of $215.11. At the end of the last trading period, SBA Comms closed at $243.28.

Stephens & Co. initiated coverage on Financial Institutions Inc FISI with a Equal-Weight rating. In the first quarter, Financial Institutions showed an EPS of $0.76, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $28.34 and a 52-week-low of $13.84. Financial Institutions closed at $16.34 at the end of the last trading period.

Benchmark initiated coverage on Pioneer Natural Resources Co PXD with a Hold rating. Pioneer Natural Resources earned $5.21 in the first quarter, compared to $7.74 in the year-ago quarter. The current stock performance of Pioneer Natural Resources shows a 52-week-high of $274.42 and a 52-week-low of $177.26. Moreover, at the end of the last trading period, the closing price was at $215.92.

With a Neutral rating, Baird initiated coverage on Zuora Inc ZUO. The price target seems to have been set at $12.00 for Zuora. In the first quarter, Zuora showed an EPS of $0.05, compared to $0.03 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.12 and a 52-week-low of $5.46. Zuora closed at $10.92 at the end of the last trading period.

Benchmark initiated coverage on APA Corp APA with a Buy rating. The price target for APA is set to $46.00. APA earned $1.19 in the first quarter, compared to $1.92 in the year-ago quarter. The current stock performance of APA shows a 52-week-high of $50.58 and a 52-week-low of $30.15. Moreover, at the end of the last trading period, the closing price was at $37.51.

Benchmark initiated coverage on Permian Resources Corp PR with a Buy rating. The price target for Permian Resources is set to $14.00. The current stock performance of Permian Resources shows a 52-week-high of $12.05 and a 52-week-low of $6.12. Moreover, at the end of the last trading period, the closing price was at $11.45.

With an Overweight rating, Stephens & Co. initiated coverage on Codorus Valley Bancorp Inc CVLY. The price target seems to have been set at $22.00 for Codorus Valley Bancorp. For the first quarter, Codorus Valley Bancorp had an EPS of $0.73, compared to year-ago quarter EPS of $0.32. The stock has a 52-week-high of $25.95 and a 52-week-low of $16.00. At the end of the last trading period, Codorus Valley Bancorp closed at $19.66.

Benchmark initiated coverage on Diamondback Energy Inc FANG with a Buy rating. The price target for Diamondback Energy is set to $154.00. For the first quarter, Diamondback Energy had an EPS of $4.10, compared to year-ago quarter EPS of $5.20. At the moment, the stock has a 52-week-high of $168.95 and a 52-week-low of $103.71. Diamondback Energy closed at $139.51 at the end of the last trading period.

Stifel initiated coverage on Clean Energy Fuels Corp CLNE with a Buy rating. The price target for Clean Energy Fuels is set to $6.00. In the first quarter, Clean Energy Fuels showed an EPS of $0.07, compared to $0.05 from the year-ago quarter. The current stock performance of Clean Energy Fuels shows a 52-week-high of $8.57 and a 52-week-low of $3.83. Moreover, at the end of the last trading period, the closing price was at $4.91.

See all analyst ratings initiations.