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

Upgrades

Bernstein upgraded the previous rating for Brown-Forman Corp BF from Market Perform to Outperform.

For Nu Holdings Ltd NU, JP Morgan upgraded the previous rating of Neutral to Overweight. For the second quarter, Nu Holdings had an EPS of $0.05, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $8.29 and a 52-week-low of $3.39. At the end of the last trading period, Nu Holdings closed at $6.81.

For Kenvue Inc KVUE, Deutsche Bank upgraded the previous rating of Hold to Buy. Kenvue earned $0.32 in the second quarter, compared to $0.43 in the year-ago quarter. The stock has a 52-week-high of $27.80 and a 52-week-low of $20.38. At the end of the last trading period, Kenvue closed at $21.30.

According to Jefferies, the prior rating for DoorDash Inc DASH was changed from Underperform to Hold. For the second quarter, DoorDash had an EPS of $0.44, compared to year-ago quarter EPS of $0.72. The current stock performance of DoorDash shows a 52-week-high of $92.61 and a 52-week-low of $41.40. Moreover, at the end of the last trading period, the closing price was at $82.17.

For Tenable Holdings Inc TENB, JP Morgan upgraded the previous rating of Neutral to Overweight. In the second quarter, Tenable Holdings showed an EPS of $0.22, compared to $0.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $49.77 and a 52-week-low of $28.80. Tenable Holdings closed at $44.22 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Tesla Inc TSLA was changed from Equal-Weight to Overweight. Tesla earned $0.91 in the second quarter, compared to $0.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $313.80 and a 52-week-low of $101.81. Tesla closed at $248.50 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to JP Morgan, the prior rating for Brunswick Corp BC was changed from Overweight to Neutral. Brunswick earned $2.35 in the second quarter, compared to $2.82 in the year-ago quarter. The stock has a 52-week-high of $93.15 and a 52-week-low of $64.57. At the end of the last trading period, Brunswick closed at $76.39.

Telsey Advisory Group downgraded the previous rating for Rent the Runway Inc RENT from Outperform to Market Perform. Rent the Runway earned $0.40 in the second quarter, compared to $0.53 in the year-ago quarter. The current stock performance of Rent the Runway shows a 52-week-high of $5.00 and a 52-week-low of $0.86. Moreover, at the end of the last trading period, the closing price was at $0.98.

According to Wolfe Research, the prior rating for Evergy Inc EVRG was changed from Outperform to Peer Perform. For the second quarter, Evergy had an EPS of $0.81, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $71.13 and a 52-week-low of $52.28. At the end of the last trading period, Evergy closed at $53.94.

Raymond James downgraded the previous rating for Rent the Runway Inc RENT from Outperform to Market Perform. Rent the Runway earned $0.40 in the second quarter, compared to $0.53 in the year-ago quarter. The stock has a 52-week-high of $5.00 and a 52-week-low of $0.86. At the end of the last trading period, Rent the Runway closed at $0.98.

See all analyst ratings downgrades.

Initiations

Guggenheim initiated coverage on Itron Inc ITRI with a Neutral rating. Itron earned $0.65 in the second quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $79.99 and a 52-week-low of $39.60. At the end of the last trading period, Itron closed at $64.02.

Northland Capital Markets initiated coverage on Build-A-Bear Workshop Inc BBW with an Outperform rating. The price target for Build-A-Bear Workshop is set to $36.00. For the second quarter, Build-A-Bear Workshop had an EPS of $0.57, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $30.49 and a 52-week-low of $12.62. At the end of the last trading period, Build-A-Bear Workshop closed at $26.34.

With a Buy rating, Maxim Group initiated coverage on Context Therapeutics Inc CNTX. The price target seems to have been set at $4.00 for Context Therapeutics. For the second quarter, Context Therapeutics had an EPS of $0.31, compared to year-ago quarter EPS of $0.25. The stock has a 52-week-high of $1.90 and a 52-week-low of $0.47. At the end of the last trading period, Context Therapeutics closed at $0.90.

With a Buy rating, Maxim Group initiated coverage on Innovative Eyewear Inc LUCY. The price target seems to have been set at $1.75 for Innovative Eyewear. In the first quarter, Innovative Eyewear showed an EPS of $0.19, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.50 and a 52-week-low of $0.58. Innovative Eyewear closed at $0.66 at the end of the last trading period.

Craig-Hallum initiated coverage on **Mamas Creations Inc** MAMA with a Buy rating. The price target for Mamas Creations is set to $8.00. Mamas Creations earned $0.04 in the first quarter, compared to $0.00 in the year-ago quarter. The current stock performance of Mamas Creations shows a 52-week-high of $4.40 and a 52-week-low of $2.94. Moreover, at the end of the last trading period, the closing price was at $4.08.

With a Positive rating, Susquehanna initiated coverage on Red Rock Resorts Inc RRR. The price target seems to have been set at $52.00 for Red Rock Resorts. For the second quarter, Red Rock Resorts had an EPS of $0.65, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $51.35 and a 52-week-low of $33.62. At the end of the last trading period, Red Rock Resorts closed at $42.76.

With a Neutral rating, Ladenburg Thalmann initiated coverage on WEC Energy Group Inc WEC. The price target seems to have been set at $85.00 for WEC Energy Group. In the second quarter, WEC Energy Group showed an EPS of $0.92, compared to $0.91 from the year-ago quarter. The current stock performance of WEC Energy Group shows a 52-week-high of $107.46 and a 52-week-low of $80.91. Moreover, at the end of the last trading period, the closing price was at $84.67.

With a Buy rating, ThinkEquity initiated coverage on Forza X1 Inc FRZA. The price target seems to have been set at $5.00 for Forza X1. For the second quarter, Forza X1 had an EPS of $0.13, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $3.98 and a 52-week-low of $0.85. At the end of the last trading period, Forza X1 closed at $0.89.

B of A Securities initiated coverage on Raymond James Financial Inc RJF with a Buy rating. The price target for Raymond James Finl is set to $122.00. Raymond James Finl earned $1.85 in the third quarter, compared to $1.61 in the year-ago quarter. At the moment, the stock has a 52-week-high of $126.00 and a 52-week-low of $82.00. Raymond James Finl closed at $106.33 at the end of the last trading period.

Citigroup initiated coverage on Ecovyst Inc ECVT with a Buy rating. The price target for Ecovyst is set to $12.00. For the second quarter, Ecovyst had an EPS of $0.29, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $12.35 and a 52-week-low of $8.20. Ecovyst closed at $9.80 at the end of the last trading period.

With a Neutral rating, Citigroup initiated coverage on H.B. Fuller Co FUL. The price target seems to have been set at $78.00 for H.B. Fuller. For the second quarter, H.B. Fuller had an EPS of $0.93, compared to year-ago quarter EPS of $1.11. The stock has a 52-week-high of $81.02 and a 52-week-low of $58.92. At the end of the last trading period, H.B. Fuller closed at $69.22.

With a Buy rating, Jefferies initiated coverage on SharkNinja Inc SN. The price target seems to have been set at $67.00 for SharkNinja. SharkNinja earned $0.47 in the second quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.90 and a 52-week-low of $25.84. SharkNinja closed at $35.02 at the end of the last trading period.

With an Overweight rating, Barclays initiated coverage on Blue Bird Corp BLBD. The price target seems to have been set at $25.00 for Blue Bird. For the third quarter, Blue Bird had an EPS of $0.44, compared to year-ago quarter EPS of $0.09. The current stock performance of Blue Bird shows a 52-week-high of $28.80 and a 52-week-low of $7.22. Moreover, at the end of the last trading period, the closing price was at $21.56.

See all analyst ratings initiations.