Benzinga's Top Ratings Upgrades, Downgrades For June 23, 2023

Upgrades

According to TD Cowen, the prior rating for Neste Corp NTOIY was changed from Underperform to Market Perform. The current stock performance of Neste shows a 52-week-high of $26.03 and a 52-week-low of $18.70. Moreover, at the end of the last trading period, the closing price was at $19.00.

For Wayfair Inc W, MoffettNathanson upgraded the previous rating of Underperform to Market Perform. For the first quarter, Wayfair had an EPS of $1.13, compared to year-ago quarter EPS of $1.96. At the moment, the stock has a 52-week-high of $76.28 and a 52-week-low of $28.13. Wayfair closed at $57.09 at the end of the last trading period.

Morgan Stanley upgraded the previous rating for Evotec SE EVO from Equal-Weight to Overweight. For the fourth quarter, Evotec had an EPS of $0.08, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $15.04 and a 52-week-low of $7.80. At the end of the last trading period, Evotec closed at $11.21.

According to Raymond James, the prior rating for Ventas Inc VTR was changed from Outperform to Strong Buy. Ventas earned $0.74 in the first quarter, compared to $0.79 in the year-ago quarter. The stock has a 52-week-high of $54.11 and a 52-week-low of $35.34. At the end of the last trading period, Ventas closed at $44.49.

According to Jefferies, the prior rating for Principal Financial Group Inc PFG was changed from Underperform to Hold. In the first quarter, Principal Finl Gr showed an EPS of $1.48, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $96.12 and a 52-week-low of $61.06. At the end of the last trading period, Principal Finl Gr closed at $72.52.

See all analyst ratings upgrades.

Downgrades

For Humana Inc HUM, Argus Research downgraded the previous rating of Buy to Hold. For the first quarter, Humana had an EPS of $9.38, compared to year-ago quarter EPS of $8.04. The current stock performance of Humana shows a 52-week-high of $571.01 and a 52-week-low of $435.00. Moreover, at the end of the last trading period, the closing price was at $456.44.

For Sarepta Therapeutics Inc SRPT, Evercore ISI Group downgraded the previous rating of Outperform to Neutral. Sarepta Therapeutics earned $0.97 in the first quarter, compared to $0.56 in the year-ago quarter. The current stock performance of Sarepta Therapeutics shows a 52-week-high of $159.89 and a 52-week-low of $67.91. Moreover, at the end of the last trading period, the closing price was at $123.92.

According to Wells Fargo, the prior rating for Under Armour Inc UAA was changed from Overweight to Equal-Weight. The stock has a 52-week-high of $13.04 and a 52-week-low of $6.39. At the end of the last trading period, Under Armour closed at $7.35.

TD Cowen downgraded the previous rating for Accenture PLC ACN from Outperform to Market Perform. For the third quarter, Accenture had an EPS of $3.19, compared to year-ago quarter EPS of $2.79. The current stock performance of Accenture shows a 52-week-high of $327.93 and a 52-week-low of $242.80. Moreover, at the end of the last trading period, the closing price was at $307.25.

For Viatris Inc VTRS, Barclays downgraded the previous rating of Equal-Weight to Underweight. In the first quarter, Viatris showed an EPS of $0.77, compared to $0.93 from the year-ago quarter. The current stock performance of Viatris shows a 52-week-high of $12.40 and a 52-week-low of $8.43. Moreover, at the end of the last trading period, the closing price was at $10.05.

Jefferies downgraded the previous rating for Reinsurance Group of America Inc RGA from Buy to Hold. For the first quarter, Reinsurance Gr had an EPS of $5.16, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $153.35 and a 52-week-low of $110.74. At the end of the last trading period, Reinsurance Gr closed at $142.26.

Raymond James downgraded the previous rating for Welltower Inc WELL from Strong Buy to Outperform. In the first quarter, Welltower showed an EPS of $0.85, compared to $0.82 from the year-ago quarter. At the moment, the stock has a 52-week-high of $86.83 and a 52-week-low of $56.54. Welltower closed at $78.46 at the end of the last trading period.

For Ultrapar Participacoes SA UGP, HSBC downgraded the previous rating of Buy to Hold. Ultrapar Participacoes earned $0.05 in the first quarter, compared to $0.02 in the year-ago quarter. The current stock performance of Ultrapar Participacoes shows a 52-week-high of $3.83 and a 52-week-low of $2.13. Moreover, at the end of the last trading period, the closing price was at $3.74.

Exane BNP Paribas downgraded the previous rating for Planet Fitness Inc PLNT from Neutral to Underperform. For the first quarter, Planet Fitness had an EPS of $0.41, compared to year-ago quarter EPS of $0.32. At the moment, the stock has a 52-week-high of $85.91 and a 52-week-low of $54.15. Planet Fitness closed at $67.86 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Raymond James initiated coverage on Fusion Pharmaceuticals Inc FUSN with an Outperform rating. The price target for Fusion Pharmaceuticals is set to $13.00. In the first quarter, Fusion Pharmaceuticals showed an EPS of $0.45, compared to $0.46 from the year-ago quarter. The current stock performance of Fusion Pharmaceuticals shows a 52-week-high of $5.63 and a 52-week-low of $1.98. Moreover, at the end of the last trading period, the closing price was at $4.37.

BTIG initiated coverage on Gambling.com Group Ltd GAMB with a Buy rating. The price target for Gambling.com Gr is set to $13.00. In the first quarter, Gambling.com Gr showed an EPS of $0.20, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.49 and a 52-week-low of $6.62. Gambling.com Gr closed at $9.74 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on Valvoline Inc VVV. The price target seems to have been set at $43.00 for Valvoline. Valvoline earned $0.23 in the second quarter, compared to $0.48 in the year-ago quarter. The current stock performance of Valvoline shows a 52-week-high of $39.67 and a 52-week-low of $24.41. Moreover, at the end of the last trading period, the closing price was at $36.28.

Truist Securities initiated coverage on Floor & Decor Holdings Inc FND with a Buy rating. The price target for Floor & Decor Hldgs is set to $120.00. Floor & Decor Hldgs earned $0.66 in the first quarter, compared to $0.67 in the year-ago quarter. The current stock performance of Floor & Decor Hldgs shows a 52-week-high of $102.61 and a 52-week-low of $60.97. Moreover, at the end of the last trading period, the closing price was at $95.72.

HC Wainwright & Co. initiated coverage on iSun Inc ISUN with a Buy rating. The price target for iSun is set to $2.75. In the first quarter, iSun showed an EPS of $0.19, compared to $0.03 from the year-ago quarter. The current stock performance of iSun shows a 52-week-high of $4.98 and a 52-week-low of $0.47. Moreover, at the end of the last trading period, the closing price was at $0.54.

B. Riley Securities initiated coverage on Fiserv Inc FI with a Buy rating. The price target for Fiserv is set to $148.00. For the second quarter, Fiserv had an EPS of $0.04, compared to year-ago quarter EPS of $0.13. The current stock performance of Fiserv shows a 52-week-high of $121.49 and a 52-week-low of $113.57. Moreover, at the end of the last trading period, the closing price was at $120.54.

With a Buy rating, B. Riley Securities initiated coverage on Global Payments Inc GPN. The price target seems to have been set at $179.00 for Global Payments. Global Payments earned $2.40 in the first quarter, compared to $2.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $136.88 and a 52-week-low of $92.28. Global Payments closed at $99.62 at the end of the last trading period.

With a Neutral rating, B. Riley Securities initiated coverage on Priority Technology Holdings Inc PRTH. The price target seems to have been set at $5.00 for Priority Tech Holdings. For the first quarter, Priority Tech Holdings had an EPS of $0.15, compared to year-ago quarter EPS of $0.11. The current stock performance of Priority Tech Holdings shows a 52-week-high of $6.15 and a 52-week-low of $2.99. Moreover, at the end of the last trading period, the closing price was at $3.54.

B. Riley Securities initiated coverage on Flywire Corp FLYW with a Buy rating. The price target for Flywire is set to $38.00. In the first quarter, Flywire showed an EPS of $0.03, compared to $0.10 from the year-ago quarter. The current stock performance of Flywire shows a 52-week-high of $32.60 and a 52-week-low of $16.63. Moreover, at the end of the last trading period, the closing price was at $31.39.

Piper Sandler initiated coverage on Stem Inc STEM with a Neutral rating. The price target for Stem is set to $6.00. For the first quarter, Stem had an EPS of $0.29, compared to year-ago quarter EPS of $0.15. At the moment, the stock has a 52-week-high of $18.01 and a 52-week-low of $3.71. Stem closed at $5.53 at the end of the last trading period.

With a Neutral rating, Piper Sandler initiated coverage on Fluence Energy Inc FLNC. The price target seems to have been set at $24.00 for Fluence Energy. Fluence Energy earned $0.21 in the second quarter, compared to $1.00 in the year-ago quarter. The current stock performance of Fluence Energy shows a 52-week-high of $29.55 and a 52-week-low of $8.11. Moreover, at the end of the last trading period, the closing price was at $25.76.

Compass Point initiated coverage on Affirm Holdings Inc AFRM with a Neutral rating. The price target for Affirm Holdings is set to $14.50. For the third quarter, Affirm Holdings had an EPS of $0.69, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $40.97 and a 52-week-low of $8.62. At the end of the last trading period, Affirm Holdings closed at $14.89.

With an Overweight rating, Stephens & Co. initiated coverage on SunOpta Inc STKL. The price target seems to have been set at $10.00 for SunOpta. In the first quarter, SunOpta showed an EPS of $0.05, compared to $0.01 from the year-ago quarter. The stock has a 52-week-high of $11.67 and a 52-week-low of $6.33. At the end of the last trading period, SunOpta closed at $6.85.

With an Overweight rating, Stephens & Co. initiated coverage on Sovos Brands Inc SOVO. The price target seems to have been set at $23.00 for Sovos Brands. Sovos Brands earned $0.18 in the first quarter, compared to $0.14 in the year-ago quarter. The current stock performance of Sovos Brands shows a 52-week-high of $20.58 and a 52-week-low of $12.74. Moreover, at the end of the last trading period, the closing price was at $18.74.

With an Overweight rating, Stephens & Co. initiated coverage on The Hain Celestial Group Inc HAIN. The price target seems to have been set at $17.00 for Hain Celestial Group. Hain Celestial Group earned $0.08 in the third quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.48 and a 52-week-low of $11.72. Hain Celestial Group closed at $11.94 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on Celsius Holdings Inc CELH. The price target seems to have been set at $180.00 for Celsius Holdings. Celsius Holdings earned $0.40 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Celsius Holdings shows a 52-week-high of $150.35 and a 52-week-low of $53.41. Moreover, at the end of the last trading period, the closing price was at $147.87.

Compass Point initiated coverage on SoFi Technologies Inc SOFI with a Sell rating. The price target for SoFi Techs is set to $5.00. In the first quarter, SoFi Techs showed an EPS of $0.05, compared to $0.14 from the year-ago quarter. The current stock performance of SoFi Techs shows a 52-week-high of $10.23 and a 52-week-low of $4.25. Moreover, at the end of the last trading period, the closing price was at $8.49.

With a Equal-Weight rating, Stephens & Co. initiated coverage on The Vita Coco Co Inc COCO. The price target seems to have been set at $30.00 for Vita Coco. For the first quarter, Vita Coco had an EPS of $0.12, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $29.70 and a 52-week-low of $7.43. At the end of the last trading period, Vita Coco closed at $29.15.

With a Buy rating, Loop Capital initiated coverage on Lancaster Colony Corp LANC. The price target seems to have been set at $237.00 for Lancaster Colony. For the third quarter, Lancaster Colony had an EPS of $0.89, compared to year-ago quarter EPS of $0.71. The stock has a 52-week-high of $220.65 and a 52-week-low of $123.93. At the end of the last trading period, Lancaster Colony closed at $191.69.

See all analyst ratings initiations.