Benzinga's Top Ratings Upgrades, Downgrades For April 4, 2023

Author: Benzinga Insights | April 04, 2023 11:00am

Upgrades

Raymond James upgraded the previous rating for Extra Space Storage Inc (NYSE:EXR) from Outperform to Strong Buy. Extra Space Storage earned $2.09 in the fourth quarter, compared to $1.91 in the year-ago quarter. The stock has a 52-week-high of $222.15 and a 52-week-low of $139.97. At the end of the last trading period, Extra Space Storage closed at $154.51.

According to Raymond James, the prior rating for AeroVironment Inc (NASDAQ:AVAV) was changed from Outperform to Strong Buy. For the third quarter, AeroVironment had an EPS of $0.33, compared to year-ago quarter EPS of $0.32. The current stock performance of AeroVironment shows a 52-week-high of $114.07 and a 52-week-low of $70.08. Moreover, at the end of the last trading period, the closing price was at $91.95.

Loop Capital upgraded the previous rating for Burlington Stores Inc (NYSE:BURL) from Hold to Buy. In the fourth quarter, Burlington Stores showed an EPS of $2.96, compared to $2.53 from the year-ago quarter. The stock has a 52-week-high of $239.94 and a 52-week-low of $106.81. At the end of the last trading period, Burlington Stores closed at $205.93.

Morgan Stanley upgraded the previous rating for CSX Corp (NASDAQ:CSX) from Underweight to Equal-Weight. For the fourth quarter, CSX had an EPS of $0.49, compared to year-ago quarter EPS of $0.42. The stock has a 52-week-high of $38.15 and a 52-week-low of $25.81. At the end of the last trading period, CSX closed at $29.85.

Morgan Stanley upgraded the previous rating for Norfolk Southern Corp (NYSE:NSC) from Underweight to Equal-Weight. Norfolk Southern earned $3.42 in the fourth quarter, compared to $3.12 in the year-ago quarter. The stock has a 52-week-high of $285.48 and a 52-week-low of $196.33. At the end of the last trading period, Norfolk Southern closed at $208.78.

For Health Catalyst Inc (NASDAQ:HCAT), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. In the fourth quarter, Health Catalyst showed an EPS of $0.05, compared to $0.19 from the year-ago quarter. The current stock performance of Health Catalyst shows a 52-week-high of $27.98 and a 52-week-low of $6.41. Moreover, at the end of the last trading period, the closing price was at $11.87.

For Etsy Inc (NASDAQ:ETSY), Piper Sandler upgraded the previous rating of Neutral to Overweight. In the fourth quarter, Etsy showed an EPS of $0.77, compared to $1.11 from the year-ago quarter. The stock has a 52-week-high of $149.91 and a 52-week-low of $67.06. At the end of the last trading period, Etsy closed at $108.25.

For ONEOK Inc (NYSE:OKE), Citigroup upgraded the previous rating of Neutral to Buy. ONEOK earned $1.08 in the fourth quarter, compared to $0.85 in the year-ago quarter. At the moment, the stock has a 52-week-high of $75.06 and a 52-week-low of $50.51. ONEOK closed at $65.06 at the end of the last trading period.

For ServiceNow Inc (NYSE:NOW), Baird upgraded the previous rating of Neutral to Outperform. In the fourth quarter, ServiceNow showed an EPS of $2.28, compared to $1.46 from the year-ago quarter. The current stock performance of ServiceNow shows a 52-week-high of $575.64 and a 52-week-low of $337.05. Moreover, at the end of the last trading period, the closing price was at $464.49.

JP Morgan upgraded the previous rating for Prudential Financial Inc (NYSE:PRU) from Neutral to Overweight. In the fourth quarter, Prudential Financial showed an EPS of $2.42, compared to $3.18 from the year-ago quarter. The stock has a 52-week-high of $122.54 and a 52-week-low of $75.37. At the end of the last trading period, Prudential Financial closed at $82.43.

According to Goldman Sachs, the prior rating for Corebridge Financial Inc (NYSE:CRBG) was changed from Neutral to Buy. Corebridge Financial earned $0.88 in the fourth quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $23.49 and a 52-week-low of $14.01. At the end of the last trading period, Corebridge Financial closed at $15.56.

Exane BNP Paribas upgraded the previous rating for Chevron Corp (NYSE:CVX) from Underperform to Neutral. Chevron earned $4.09 in the fourth quarter, compared to $2.56 in the year-ago quarter. At the moment, the stock has a 52-week-high of $189.66 and a 52-week-low of $132.54. Chevron closed at $169.95 at the end of the last trading period.

Morgan Stanley upgraded the previous rating for Evotec SE (NASDAQ:EVO) from Underweight to Equal-Weight. The current stock performance of Evotec shows a 52-week-high of $15.59 and a 52-week-low of $7.80. Moreover, at the end of the last trading period, the closing price was at $10.71.

For WideOpenWest Inc (NYSE:WOW), Keybanc upgraded the previous rating of Sector Weight to Overweight. In the fourth quarter, WideOpenWest 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 $22.89 and a 52-week-low of $8.57. WideOpenWest closed at $10.34 at the end of the last trading period.

According to Keybanc, the prior rating for Comcast Corp (NASDAQ:CMCSA) was changed from Sector Weight to Overweight. Comcast earned $0.82 in the fourth quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $48.42 and a 52-week-low of $28.39. At the end of the last trading period, Comcast closed at $38.01.

See all analyst ratings upgrades.

Downgrades

For Oncternal Therapeutics Inc (NASDAQ:ONCT), Maxim Group downgraded the previous rating of Buy to Hold. For the fourth quarter, Oncternal Therapeutics had an EPS of $0.20, compared to year-ago quarter EPS of $0.16. The current stock performance of Oncternal Therapeutics shows a 52-week-high of $1.85 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $0.79.

According to Brookline Capital, the prior rating for Oncternal Therapeutics Inc (NASDAQ:ONCT) was changed from Buy to Hold. For the fourth quarter, Oncternal Therapeutics had an EPS of $0.20, compared to year-ago quarter EPS of $0.16. The current stock performance of Oncternal Therapeutics shows a 52-week-high of $1.85 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $0.79.

According to SVB Leerink, the prior rating for Pardes Biosciences Inc (NASDAQ:PRDS) was changed from Outperform to Market Perform. Pardes Biosciences earned $0.41 in the fourth quarter, compared to $0.56 in the year-ago quarter. The current stock performance of Pardes Biosciences shows a 52-week-high of $8.75 and a 52-week-low of $0.80. Moreover, at the end of the last trading period, the closing price was at $1.43.

Roth MKM downgraded the previous rating for Battalion Oil Corp (AMEX:BATL) from Buy to Neutral. In the fourth quarter, Battalion Oil showed an EPS of $0.16, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.99 and a 52-week-low of $6.11. Battalion Oil closed at $7.70 at the end of the last trading period.

Maxim Group downgraded the previous rating for Recruiter.Com Group Inc (NASDAQ:RCRT) from Buy to Hold. For the fourth quarter, Recruiter.Com Group had an EPS of $0.48, compared to year-ago quarter EPS of $0.33. The current stock performance of Recruiter.Com Group shows a 52-week-high of $2.75 and a 52-week-low of $0.20. Moreover, at the end of the last trading period, the closing price was at $0.25.

According to Northcoast Research, the prior rating for Boeing Co (NYSE:BA) was changed from Neutral to Sell. For the fourth quarter, Boeing had an EPS of $1.75, compared to year-ago quarter EPS of $7.69. The stock has a 52-week-high of $221.33 and a 52-week-low of $113.03. At the end of the last trading period, Boeing closed at $215.39.

Benchmark downgraded the previous rating for World Wrestling Entertainment Inc (NYSE:WWE) from Buy to Hold. In the fourth quarter, World Wrestling Enter showed an EPS of $0.52, compared to $0.70 from the year-ago quarter. The current stock performance of World Wrestling Enter shows a 52-week-high of $93.63 and a 52-week-low of $55.13. Moreover, at the end of the last trading period, the closing price was at $89.30.

For Certara Inc (NASDAQ:CERT), Barclays downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Certara had an EPS of $0.16, compared to year-ago quarter EPS of $0.01. The current stock performance of Certara shows a 52-week-high of $24.83 and a 52-week-low of $10.61. Moreover, at the end of the last trading period, the closing price was at $23.57.

According to Barclays, the prior rating for Catalent Inc (NYSE:CTLT) was changed from Overweight to Equal-Weight. For the second quarter, Catalent had an EPS of $0.67, compared to year-ago quarter EPS of $0.90. The current stock performance of Catalent shows a 52-week-high of $115.30 and a 52-week-low of $40.70. Moreover, at the end of the last trading period, the closing price was at $62.92.

According to Raymond James, the prior rating for CubeSmart (NYSE:CUBE) was changed from Strong Buy to Outperform. In the fourth quarter, CubeSmart showed an EPS of $0.67, compared to $0.58 from the year-ago quarter. The stock has a 52-week-high of $54.94 and a 52-week-low of $36.85. At the end of the last trading period, CubeSmart closed at $47.47.

B of A Securities downgraded the previous rating for Stem Inc (NYSE:STEM) from Neutral to Underperform. Stem earned $0.23 in the fourth quarter, compared to $0.23 in the year-ago quarter. The current stock performance of Stem shows a 52-week-high of $18.01 and a 52-week-low of $4.67. Moreover, at the end of the last trading period, the closing price was at $5.91.

Mizuho downgraded the previous rating for Idacorp Inc (NYSE:IDA) from Buy to Neutral. For the fourth quarter, Idacorp had an EPS of $0.83, compared to year-ago quarter EPS of $0.65. The current stock performance of Idacorp shows a 52-week-high of $118.92 and a 52-week-low of $93.53. Moreover, at the end of the last trading period, the closing price was at $108.03.

HC Wainwright & Co. downgraded the previous rating for Oncternal Therapeutics Inc (NASDAQ:ONCT) from Buy to Neutral. Oncternal Therapeutics earned $0.20 in the fourth quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Oncternal Therapeutics shows a 52-week-high of $1.85 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $0.79.

Morgan Stanley downgraded the previous rating for Ascendis Pharma A/S (NASDAQ:ASND) from Overweight to Equal-Weight. For the fourth quarter, Ascendis Pharma had an EPS of $3.78, compared to year-ago quarter EPS of $2.14. At the moment, the stock has a 52-week-high of $134.48 and a 52-week-low of $61.95. Ascendis Pharma closed at $72.83 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for Ncino Inc (NASDAQ:NCNO) from Overweight to Equal-Weight. For the fourth quarter, Ncino had an EPS of $0.04, compared to year-ago quarter EPS of $0.09. The current stock performance of Ncino shows a 52-week-high of $47.82 and a 52-week-low of $19.58. Moreover, at the end of the last trading period, the closing price was at $24.44.

According to Oppenheimer, the prior rating for Oncternal Therapeutics Inc (NASDAQ:ONCT) was changed from Outperform to Perform. For the fourth quarter, Oncternal Therapeutics had an EPS of $0.20, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $1.85 and a 52-week-low of $0.60. At the end of the last trading period, Oncternal Therapeutics closed at $0.79.

Keybanc downgraded the previous rating for Charter Communications Inc (NASDAQ:CHTR) from Overweight to Sector Weight. Charter Communications earned $7.69 in the fourth quarter, compared to $8.93 in the year-ago quarter. The current stock performance of Charter Communications shows a 52-week-high of $574.65 and a 52-week-low of $297.83. Moreover, at the end of the last trading period, the closing price was at $356.21.

See all analyst ratings downgrades.

Initiations

With an Outperform rating, CJS Securities initiated coverage on Leonardo DRS Inc (NASDAQ:DRS). The price target seems to have been set at $17.00 for Leonardo DRS. The stock has a 52-week-high of $13.85 and a 52-week-low of $9.11. At the end of the last trading period, Leonardo DRS closed at $12.87.

With an Overweight rating, Capital One initiated coverage on Atlas Energy Solutions Inc (NYSE:AESI). The price target seems to have been set at $25.00 for Atlas Energy Solutions. The stock has a 52-week-high of $17.92 and a 52-week-low of $15.06. At the end of the last trading period, Atlas Energy Solutions closed at $17.84.

With a Buy rating, Craig-Hallum initiated coverage on Southland Holdings Inc (AMEX:SLND). The price target seems to have been set at $14.00 for Southland Holdings. The current stock performance of Southland Holdings shows a 52-week-high of $10.85 and a 52-week-low of $7.00. Moreover, at the end of the last trading period, the closing price was at $8.70.

William Blair initiated coverage on Paycor HCM Inc (NASDAQ:PYCR) with a Market Perform rating. In the second quarter, Paycor HCM showed an EPS of $0.08, compared to $0.05 from the year-ago quarter. The current stock performance of Paycor HCM shows a 52-week-high of $34.75 and a 52-week-low of $20.14. Moreover, at the end of the last trading period, the closing price was at $26.01.

For RXO Inc (NYSE:RXO), Benchmark initiated coverage, by setting the current rating at Hold. RXO earned $0.28 in the fourth quarter, compared to $0.41 in the year-ago quarter. 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 $19.67.

Stephens & Co. initiated coverage on Ameris Bancorp (NASDAQ:ABCB) with a Equal-Weight rating. The price target for Ameris is set to $41.00. In the fourth quarter, Ameris showed an EPS of $1.17, compared to $1.17 from the year-ago quarter. The stock has a 52-week-high of $54.17 and a 52-week-low of $34.28. At the end of the last trading period, Ameris closed at $35.99.

With an Overweight rating, Cantor Fitzgerald initiated coverage on CSG Systems International Inc (NASDAQ:CSGS). The price target seems to have been set at $65.00 for CSG Systems Intl. For the fourth quarter, CSG Systems Intl had an EPS of $0.84, compared to year-ago quarter EPS of $0.83. The current stock performance of CSG Systems Intl shows a 52-week-high of $65.95 and a 52-week-low of $49.02. Moreover, at the end of the last trading period, the closing price was at $53.84.

DA Davidson initiated coverage on Crane NXT Co (NYSE:CXT) with a Buy rating. The price target for Crane NXT is set to $70.00.

With a Buy rating, Citigroup initiated coverage on Atlas Energy Solutions Inc (NYSE:AESI). The price target seems to have been set at $23.00 for Atlas Energy Solutions. The stock has a 52-week-high of $17.92 and a 52-week-low of $15.06. At the end of the last trading period, Atlas Energy Solutions closed at $17.84.

Citigroup initiated coverage on Sarepta Therapeutics Inc (NASDAQ:SRPT) with a Buy rating. The price target for Sarepta Therapeutics is set to $179.00. For the fourth quarter, Sarepta Therapeutics had an EPS of $0.53, compared to year-ago quarter EPS of $0.77. At the moment, the stock has a 52-week-high of $159.84 and a 52-week-low of $61.30. Sarepta Therapeutics closed at $137.55 at the end of the last trading period.

With an Overweight rating, Piper Sandler initiated coverage on Corcept Therapeutics Inc (NASDAQ:CORT). The price target seems to have been set at $27.00 for Corcept Therapeutics. In the fourth quarter, Corcept Therapeutics showed an EPS of $0.14, compared to $0.35 from 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 $22.51.

Stephens & Co. initiated coverage on United Bankshares Inc (NASDAQ:UBSI) with a Equal-Weight rating. The price target for United Bankshares is set to $32.00. United Bankshares earned $0.74 in the fourth quarter, compared to $0.56 in the year-ago quarter. The current stock performance of United Bankshares shows a 52-week-high of $44.15 and a 52-week-low of $33.11. Moreover, at the end of the last trading period, the closing price was at $34.90.

With a Equal-Weight rating, Stephens & Co. initiated coverage on City Holding Co (NASDAQ:CHCO). The price target seems to have been set at $89.00 for City Holding. For the fourth quarter, City Holding had an EPS of $2.05, compared to year-ago quarter EPS of $1.54. The current stock performance of City Holding shows a 52-week-high of $102.94 and a 52-week-low of $73.50. Moreover, at the end of the last trading period, the closing price was at $89.98.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Wesbanco Inc (NASDAQ:WSBC). The price target seems to have been set at $28.00 for Wesbanco. For the fourth quarter, Wesbanco had an EPS of $0.84, compared to year-ago quarter EPS of $0.82. At the moment, the stock has a 52-week-high of $41.37 and a 52-week-low of $29.61. Wesbanco closed at $30.71 at the end of the last trading period.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Sandy Spring Bancorp Inc (NASDAQ:SASR). The price target seems to have been set at $28.00 for Sandy Spring Bancorp. In the fourth quarter, Sandy Spring Bancorp showed an EPS of $0.79, compared to $1.05 from the year-ago quarter. The stock has a 52-week-high of $45.42 and a 52-week-low of $25.34. At the end of the last trading period, Sandy Spring Bancorp closed at $25.53.

With an Overweight rating, Stephens & Co. initiated coverage on Primis Financial Corp (NASDAQ:FRST). The price target seems to have been set at $13.00 for Primis Finl. For the fourth quarter, Primis Finl had an EPS of $0.12, compared to year-ago quarter EPS of $0.31. The current stock performance of Primis Finl shows a 52-week-high of $14.39 and a 52-week-low of $9.35. Moreover, at the end of the last trading period, the closing price was at $9.55.

Stephens & Co. initiated coverage on WSFS Financial Corp (NASDAQ:WSFS) with an Overweight rating. The price target for WSFS Financial is set to $47.00. WSFS Financial earned $1.38 in the fourth quarter, compared to $1.04 in the year-ago quarter. The current stock performance of WSFS Financial shows a 52-week-high of $51.77 and a 52-week-low of $34.83. Moreover, at the end of the last trading period, the closing price was at $37.40.

Stephens & Co. initiated coverage on F N B Corp (NYSE:FNB) with an Overweight rating. The price target for F N B is set to $15.00. In the fourth quarter, F N B showed an EPS of $0.44, compared to $0.30 from the year-ago quarter. The current stock performance of F N B shows a 52-week-high of $14.71 and a 52-week-low of $10.48. Moreover, at the end of the last trading period, the closing price was at $11.41.

With an Overweight rating, Stephens & Co. initiated coverage on United Community Banks Inc (NASDAQ:UCBI). The price target seems to have been set at $34.00 for United Community Banks. United Community Banks earned $0.75 in the fourth quarter, compared to $0.64 in the year-ago quarter. The current stock performance of United Community Banks shows a 52-week-high of $39.48 and a 52-week-low of $25.13. Moreover, at the end of the last trading period, the closing price was at $27.89.

Raymond James initiated coverage on Franklin BSP Realty Trust Inc (NYSE:FBRT) with an Outperform rating. The price target for Franklin BSP Realty Trust is set to $13.50. For the fourth quarter, Franklin BSP Realty Trust had an EPS of $0.37, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $16.17 and a 52-week-low of $10.36. At the end of the last trading period, Franklin BSP Realty Trust closed at $11.96.

With a Buy rating, Stifel initiated coverage on Fastenal Co (NASDAQ:FAST). The price target seems to have been set at $61.00 for Fastenal. Fastenal earned $0.43 in the fourth quarter, compared to $0.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $60.72 and a 52-week-low of $43.74. Fastenal closed at $53.83 at the end of the last trading period.

See all analyst ratings initiations.

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