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News

Benzinga's Top Ratings Upgrades, Downgrades For May 15, 2023

Author: Benzinga Insights | May 15, 2023 11:00am

Upgrades

According to Baird, the prior rating for Albemarle Corp (NYSE:ALB) was changed from Neutral to Outperform. For the first quarter, Albemarle had an EPS of $10.32, compared to year-ago quarter EPS of $2.38. At the moment, the stock has a 52-week-high of $334.20 and a 52-week-low of $171.82. Albemarle closed at $195.79 at the end of the last trading period.

For DuPont de Nemours Inc (NYSE:DD), Deutsche Bank upgraded the previous rating of Hold to Buy. For the first quarter, DuPont de Nemours had an EPS of $0.84, compared to year-ago quarter EPS of $0.82. The current stock performance of DuPont de Nemours shows a 52-week-high of $78.40 and a 52-week-low of $49.52. Moreover, at the end of the last trading period, the closing price was at $63.77.

According to Keybanc, the prior rating for LXP Industrial Trust (NYSE:LXP) was changed from Sector Weight to Overweight. For the first quarter, LXP Industrial Trust had an EPS of $0.17, compared to year-ago quarter EPS of $0.16. The current stock performance of LXP Industrial Trust shows a 52-week-high of $11.92 and a 52-week-low of $8.81. Moreover, at the end of the last trading period, the closing price was at $9.82.

See all analyst ratings upgrades.

Downgrades

For Essex Property Trust Inc (NYSE:ESS), Wolfe Research downgraded the previous rating of Peer Perform to Underperform. For the first quarter, Essex Property Trust had an EPS of $3.65, compared to year-ago quarter EPS of $3.37. The stock has a 52-week-high of $300.31 and a 52-week-low of $195.03. At the end of the last trading period, Essex Property Trust closed at $215.32.

According to Wolfe Research, the prior rating for Mid-America Apartment Communities Inc (NYSE:MAA) was changed from Peer Perform to Underperform. In the first quarter, Mid-America Apartment showed an EPS of $2.28, compared to $1.97 from the year-ago quarter. The stock has a 52-week-high of $190.17 and a 52-week-low of $138.68. At the end of the last trading period, Mid-America Apartment closed at $153.39.

For Silk Road Medical Inc (NASDAQ:SILK), Wolfe Research downgraded the previous rating of Peer Perform to Underperform. Silk Road Medical earned $0.43 in the first quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.04 and a 52-week-low of $27.32. Silk Road Medical closed at $36.56 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Market Perform rating, BMO Capital initiated coverage on FactSet Research Systems Inc (NYSE:FDS). The price target seems to have been set at $424.00 for FactSet Research Systems. In the second quarter, FactSet Research Systems showed an EPS of $3.80, compared to $3.27 from the year-ago quarter. At the moment, the stock has a 52-week-high of $473.90 and a 52-week-low of $347.17. FactSet Research Systems closed at $398.36 at the end of the last trading period.

See all analyst ratings initiations.

Posted In: ALB DD ESS FDS LXP MAA SILK

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