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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For August 5, 2022

Upgrades

For 8x8 Inc (NYSE:EGHT), Craig-Hallum upgraded the previous rating of Hold to Buy. In the first quarter, 8x8 showed an EPS of $0.09, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $17.92 and a 52-week-low of $4.28. 8x8 closed at $4.36 at the end of the last trading period.

TD Securities upgraded the previous rating for EOG Resources Inc (NYSE:EOG) from Hold to Buy. EOG Resources earned $2.74 in the second quarter, compared to $1.73 in the year-ago quarter. The current stock performance of EOG Resources shows a 52-week-high of $147.99 and a 52-week-low of $88.29. Moreover, at the end of the last trading period, the closing price was at $99.82.

Wedbush upgraded the previous rating for Cavco Industries Inc (NASDAQ:CVCO) from Neutral to Outperform. For the first quarter, Cavco Indus had an EPS of $6.63, compared to year-ago quarter EPS of $2.92. The stock has a 52-week-high of $324.99 and a 52-week-low of $179.47. At the end of the last trading period, Cavco Indus closed at $255.72.

According to Wolfe Research, the prior rating for ATI Inc (NYSE:ATI) was changed from Peer Perform to Outperform. For the second quarter, ATI had an EPS of $0.54, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $30.74 and a 52-week-low of $16.02. At the end of the last trading period, ATI closed at $27.40.

B of A Securities upgraded the previous rating for Rhythm Pharmaceuticals Inc (NASDAQ:RYTM) from Underperform to Neutral. In the second quarter, Rhythm Pharmaceuticals showed an EPS of $0.89, compared to $0.70 from the year-ago quarter. The current stock performance of Rhythm Pharmaceuticals shows a 52-week-high of $18.81 and a 52-week-low of $3.04. Moreover, at the end of the last trading period, the closing price was at $18.59.

For Omega Healthcare Investors Inc (NYSE:OHI), B of A Securities upgraded the previous rating of Underperform to Buy. For the second quarter, Omega Healthcare Invts had an EPS of $0.76, compared to year-ago quarter EPS of $0.85. The current stock performance of Omega Healthcare Invts shows a 52-week-high of $32.75 and a 52-week-low of $24.81. Moreover, at the end of the last trading period, the closing price was at $31.36.

According to B of A Securities, the prior rating for Teva Pharmaceutical Industries Ltd (NYSE:TEVA) was changed from Neutral to Buy. Teva Pharmaceutical Indus earned $0.68 in the second quarter, compared to $0.59 in the year-ago quarter. The current stock performance of Teva Pharmaceutical Indus shows a 52-week-high of $10.50 and a 52-week-low of $6.78. Moreover, at the end of the last trading period, the closing price was at $10.12.

JMP Securities upgraded the previous rating for Deciphera Pharmaceuticals Inc (NASDAQ:DCPH) from Market Perform to Market Outperform. In the second quarter, Deciphera Pharmaceuticals showed an EPS of $0.60, compared to $1.21 from the year-ago quarter. The current stock performance of Deciphera Pharmaceuticals shows a 52-week-high of $16.97 and a 52-week-low of $6.51. Moreover, at the end of the last trading period, the closing price was at $16.81.

Piper Sandler upgraded the previous rating for United Fire Group Inc (NASDAQ:UFCS) from Neutral to Overweight. In the second quarter, United Fire Gr showed an EPS of $0.24, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $37.26 and a 52-week-low of $22.96. At the end of the last trading period, United Fire Gr closed at $25.29.

According to Stifel, the prior rating for Fox Factory Holding Corp (NASDAQ:FOXF) was changed from Hold to Buy. Fox Factory Hldg earned $1.38 in the second quarter, compared to $1.20 in the year-ago quarter. The current stock performance of Fox Factory Hldg shows a 52-week-high of $171.80 and a 52-week-low of $69.28. Moreover, at the end of the last trading period, the closing price was at $94.48.

According to Piper Sandler, the prior rating for Kellogg Co (NYSE:K) was changed from Underweight to Neutral. In the second quarter, Kellogg showed an EPS of $1.18, compared to $1.14 from the year-ago quarter. The stock has a 52-week-high of $76.45 and a 52-week-low of $59.54. At the end of the last trading period, Kellogg closed at $73.82.

See all analyst ratings upgrades.

Downgrades

SVB Leerink downgraded the previous rating for ChemoCentryx Inc (NASDAQ:CCXI) from Outperform to Market Perform. In the first quarter, ChemoCentryx showed an EPS of $0.55, compared to $0.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $50.90 and a 52-week-low of $14.95. ChemoCentryx closed at $50.43 at the end of the last trading period.

According to Canaccord Genuity, the prior rating for Coeur Mining Inc (NYSE:CDE) was changed from Buy to Hold. Coeur Mining earned $0.05 in the second quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $5.54 and a 52-week-low of $2.54. At the end of the last trading period, Coeur Mining closed at $3.17.

For Comcast Corp (NASDAQ:CMCSA), Redburn Partners downgraded the previous rating of Buy to Neutral. For the second quarter, Comcast had an EPS of $1.01, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $52.10 and a 52-week-low of $36.57. Comcast closed at $38.93 at the end of the last trading period.

Citigroup downgraded the previous rating for ACADIA Pharmaceuticals Inc (NASDAQ:ACAD) from Buy to Neutral. For the first quarter, ACADIA Pharmaceuticals had an EPS of $0.70, compared to year-ago quarter EPS of $0.42. At the moment, the stock has a 52-week-high of $28.05 and a 52-week-low of $12.24. ACADIA Pharmaceuticals closed at $15.62 at the end of the last trading period.

Deutsche Bank downgraded the previous rating for Ball Corp (NYSE:BALL) from Buy to Hold. At the moment, the stock has a 52-week-high of $75.32 and a 52-week-low of $58.67. Ball closed at $59.28 at the end of the last trading period.

For Atlas Air Worldwide Holdings Inc (NASDAQ:AAWW), Susquehanna downgraded the previous rating of Positive to Neutral. For the second quarter, Atlas Air Worldwide Hldgs had an EPS of $3.36, compared to year-ago quarter EPS of $4.10. At the moment, the stock has a 52-week-high of $99.90 and a 52-week-low of $58.70. Atlas Air Worldwide Hldgs closed at $99.75 at the end of the last trading period.

DA Davidson downgraded the previous rating for Hyzon Motors Inc (NASDAQ:HYZN) from Buy to Neutral. The stock has a 52-week-high of $7.03 and a 52-week-low of $2.77. At the end of the last trading period, Hyzon Motors closed at $4.49.

According to Wedbush, the prior rating for Hyzon Motors Inc (NASDAQ:HYZN) was changed from Outperform to Neutral. At the moment, the stock has a 52-week-high of $7.03 and a 52-week-low of $2.77. Hyzon Motors closed at $4.49 at the end of the last trading period.

According to BTIG, the prior rating for Installed Building Products Inc (NYSE:IBP) was changed from Buy to Neutral. For the second quarter, Installed Building Prods had an EPS of $2.48, compared to year-ago quarter EPS of $1.59. The current stock performance of Installed Building Prods shows a 52-week-high of $140.72 and a 52-week-low of $69.44. Moreover, at the end of the last trading period, the closing price was at $104.52.

For Zillow Group Inc (NASDAQ:ZG), Wedbush downgraded the previous rating of Outperform to Neutral. For the second quarter, Zillow Gr had an EPS of $0.47, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $65.16 and a 52-week-low of $28.76. Zillow Gr closed at $38.13 at the end of the last trading period.

For MDU Resources Group Inc (NYSE:MDU), B of A Securities downgraded the previous rating of Buy to Neutral. In the second quarter, MDU Resources Gr showed an EPS of $0.35, compared to $0.50 from the year-ago quarter. The stock has a 52-week-high of $31.70 and a 52-week-low of $24.92. At the end of the last trading period, MDU Resources Gr closed at $29.82.

According to Atlantic Equities, the prior rating for Ball Corp (NYSE:BALL) was changed from Overweight to Neutral. At the moment, the stock has a 52-week-high of $75.32 and a 52-week-low of $58.67. Ball closed at $59.28 at the end of the last trading period.

HC Wainwright & Co. downgraded the previous rating for ChemoCentryx Inc (NASDAQ:CCXI) from Buy to Neutral. In the first quarter, ChemoCentryx showed an EPS of $0.55, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $50.90 and a 52-week-low of $14.95. At the end of the last trading period, ChemoCentryx closed at $50.43.

For Doximity Inc (NYSE:DOCS), B of A Securities downgraded the previous rating of Neutral to Underperform. For the first quarter, Doximity had an EPS of $0.14, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $64.95 and a 52-week-low of $27.06. Doximity closed at $40.31 at the end of the last trading period.

According to Oppenheimer, the prior rating for BioCryst Pharmaceuticals Inc (NASDAQ:BCRX) was changed from Outperform to Perform. For the second quarter, BioCryst Pharmaceuticals had an EPS of $0.32, compared to year-ago quarter EPS of $0.24. At the moment, the stock has a 52-week-high of $19.99 and a 52-week-low of $7.61. BioCryst Pharmaceuticals closed at $13.74 at the end of the last trading period.

For Organon & Co (NYSE:OGN), B of A Securities downgraded the previous rating of Buy to Neutral. In the second quarter, Organon showed an EPS of $1.25, compared to $1.72 from the year-ago quarter. At the moment, the stock has a 52-week-high of $39.48 and a 52-week-low of $28.94. Organon closed at $32.41 at the end of the last trading period.

For Virgin Galactic Holdings Inc (NYSE:SPCE), Truist Securities downgraded the previous rating of Hold to Sell. Virgin Galactic Hldgs earned $0.43 in the second quarter, compared to $0.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $13.73 and a 52-week-low of $5.14. Virgin Galactic Hldgs closed at $8.19 at the end of the last trading period.

For Twilio Inc (NYSE:TWLO), Atlantic Equities downgraded the previous rating of Overweight to Neutral. Twilio earned $0.11 in the second quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $266.74 and a 52-week-low of $77.14. Twilio closed at $98.19 at the end of the last trading period.

For Itron Inc (NASDAQ:ITRI), Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. Itron earned $0.07 in the second quarter, compared to $0.28 in the year-ago quarter. The current stock performance of Itron shows a 52-week-high of $70.67 and a 52-week-low of $43.18. Moreover, at the end of the last trading period, the closing price was at $50.66.

According to Stephens & Co., the prior rating for Open Lending Corp (NASDAQ:LPRO) was changed from Overweight to Neutral. Open Lending earned $0.18 in the second quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Open Lending shows a 52-week-high of $23.73 and a 52-week-low of $9.12. Moreover, at the end of the last trading period, the closing price was at $10.84.

For Twitter Inc (NYSE:TWTR), Susquehanna downgraded the previous rating of Positive to Neutral. Twitter earned $0.08 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $54.57 and a 52-week-low of $31.30. At the end of the last trading period, Twitter closed at $41.06.

According to Jefferies, the prior rating for Compugen Ltd (NASDAQ:CGEN) was changed from Buy to Hold. Compugen earned $0.11 in the second quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $4.64 and a 52-week-low of $1.49. Compugen closed at $1.55 at the end of the last trading period.

For Ingersoll Rand Inc (NYSE:IR), Deutsche Bank downgraded the previous rating of Buy to Hold. In the second quarter, Ingersoll Rand showed an EPS of $0.54, compared to $0.46 from the year-ago quarter. The current stock performance of Ingersoll Rand shows a 52-week-high of $62.64 and a 52-week-low of $39.28. Moreover, at the end of the last trading period, the closing price was at $49.78.

According to MKM Partners, the prior rating for Playtika Holding Corp (NASDAQ:PLTK) was changed from Buy to Neutral. In the second quarter, Playtika Holding showed an EPS of $0.09, compared to $0.22 from the year-ago quarter. The current stock performance of Playtika Holding shows a 52-week-high of $21.45 and a 52-week-low of $11.57. Moreover, at the end of the last trading period, the closing price was at $12.10.

Morgan Stanley downgraded the previous rating for CommScope Holding Co Inc (NASDAQ:COMM) from Overweight to Equal-Weight. CommScope Hldg Co earned $0.41 in the second quarter, compared to $0.43 in the year-ago quarter. The current stock performance of CommScope Hldg Co shows a 52-week-high of $11.80 and a 52-week-low of $5.56. Moreover, at the end of the last trading period, the closing price was at $9.83.

For Fisker Inc (NYSE:FSR), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Fisker earned $0.36 in the second quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.20 and a 52-week-low of $7.95. Fisker closed at $10.38 at the end of the last trading period.

Canaccord Genuity downgraded the previous rating for ChemoCentryx Inc (NASDAQ:CCXI) from Buy to Hold. ChemoCentryx earned $0.55 in the first quarter, compared to $0.43 in the year-ago quarter. At the moment, the stock has a 52-week-high of $50.90 and a 52-week-low of $14.95. ChemoCentryx closed at $50.43 at the end of the last trading period.

Stifel downgraded the previous rating for Twilio Inc (NYSE:TWLO) from Buy to Hold. For the second quarter, Twilio had an EPS of $0.11, compared to year-ago quarter EPS of $0.11. The current stock performance of Twilio shows a 52-week-high of $266.74 and a 52-week-low of $77.14. Moreover, at the end of the last trading period, the closing price was at $98.19.

According to William Blair, the prior rating for Dentsply Sirona Inc (NASDAQ:XRAY) was changed from Market Perform to Underperform. In the first quarter, Dentsply Sirona showed an EPS of $0.52, compared to $0.72 from the year-ago quarter. The stock has a 52-week-high of $58.70 and a 52-week-low of $33.77. At the end of the last trading period, Dentsply Sirona closed at $35.91.

According to Stifel, the prior rating for Health Catalyst Inc (NASDAQ:HCAT) was changed from Buy to Hold. Health Catalyst earned $0.03 in the second quarter, compared to $0.00 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.65 and a 52-week-low of $11.25. Health Catalyst closed at $18.27 at the end of the last trading period.

According to JP Morgan, the prior rating for Health Catalyst Inc (NASDAQ:HCAT) was changed from Overweight to Neutral. For the second quarter, Health Catalyst had an EPS of $0.03, compared to year-ago quarter EPS of $0.00. At the moment, the stock has a 52-week-high of $40.65 and a 52-week-low of $11.25. Health Catalyst closed at $18.27 at the end of the last trading period.

For Duke Energy Corp (NYSE:DUK), Credit Suisse downgraded the previous rating of Outperform to Neutral. For the second quarter, Duke Energy had an EPS of $1.14, compared to year-ago quarter EPS of $1.15. At the moment, the stock has a 52-week-high of $116.33 and a 52-week-low of $95.48. Duke Energy closed at $109.73 at the end of the last trading period.

JP Morgan downgraded the previous rating for Hyzon Motors Inc (NASDAQ:HYZN) from Overweight to Underweight. The stock has a 52-week-high of $7.03 and a 52-week-low of $2.77. At the end of the last trading period, Hyzon Motors closed at $4.49.

JP Morgan downgraded the previous rating for Paramount Global (NASDAQ:PARA) from Neutral to Underweight. In the second quarter, Paramount Global showed an EPS of $0.64, compared to $0.97 from the year-ago quarter. The current stock performance of Paramount Global shows a 52-week-high of $39.21 and a 52-week-low of $23.15. Moreover, at the end of the last trading period, the closing price was at $25.31.

For BioCryst Pharmaceuticals Inc (NASDAQ:BCRX), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. In the second quarter, BioCryst Pharmaceuticals showed an EPS of $0.32, compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $19.99 and a 52-week-low of $7.61. At the end of the last trading period, BioCryst Pharmaceuticals closed at $13.74.

Oppenheimer downgraded the previous rating for 8x8 Inc (NYSE:EGHT) from Outperform to Perform. In the first quarter, 8x8 showed an EPS of $0.09, compared to $0.01 from the year-ago quarter. The current stock performance of 8x8 shows a 52-week-high of $17.92 and a 52-week-low of $4.28. Moreover, at the end of the last trading period, the closing price was at $4.36.

For ChemoCentryx Inc (NASDAQ:CCXI), Raymond James downgraded the previous rating of Strong Buy to Market Perform. In the first quarter, ChemoCentryx showed an EPS of $0.55, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $50.90 and a 52-week-low of $14.95. At the end of the last trading period, ChemoCentryx closed at $50.43.

See all analyst ratings downgrades.

Initiations

JP Morgan initiated coverage on Enovix Corp (NASDAQ:ENVX) with an Overweight rating. The price target for Enovix is set to $20.00. Enovix earned $0.16 in the first quarter, compared to $0.17 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.17 and a 52-week-low of $7.26. Enovix closed at $13.88 at the end of the last trading period.

Barclays initiated coverage on First Solar Inc (NASDAQ:FSLR) with an Underweight rating. The price target for First Solar is set to $89.00. First Solar earned $0.52 in the second quarter, compared to $0.77 in the year-ago quarter. The stock has a 52-week-high of $102.12 and a 52-week-low of $59.60. At the end of the last trading period, First Solar closed at $99.17.

Barclays initiated coverage on Sunrun Inc (NASDAQ:RUN) with an Overweight rating. The price target for Sunrun is set to $46.00. Sunrun earned $0.06 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $36.00 and a 52-week-low of $16.80. At the end of the last trading period, Sunrun closed at $31.82.

With a Equal-Weight rating, Barclays initiated coverage on SunPower Corp (NASDAQ:SPWR). The price target seems to have been set at $26.00 for SunPower. SunPower earned $0.03 in the second quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $25.24 and a 52-week-low of $12.78. At the end of the last trading period, SunPower closed at $22.76.

With an Overweight rating, Barclays initiated coverage on Sunnova Energy International Inc (NYSE:NOVA). The price target seems to have been set at $35.00 for Sunnova Energy Intl. Sunnova Energy Intl earned $0.32 in the second quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $29.25 and a 52-week-low of $12.47. Moreover, at the end of the last trading period, the closing price was at $27.06.

With a Equal-Weight rating, Barclays initiated coverage on Shoals Technologies Group Inc (NASDAQ:SHLS). The price target seems to have been set at $24.00 for Shoals Technologies Gr. Shoals Technologies Gr earned $0.05 in the first quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $24.71 and a 52-week-low of $9.58. At the end of the last trading period, Shoals Technologies Gr closed at $23.08.

Barclays initiated coverage on Enphase Energy Inc (NASDAQ:ENPH) with a Equal-Weight rating. The price target for Enphase Energy is set to $292.00. For the second quarter, Enphase Energy had an EPS of $1.07, compared to year-ago quarter EPS of $0.53. At the moment, the stock has a 52-week-high of $298.97 and a 52-week-low of $113.40. Enphase Energy closed at $295.82 at the end of the last trading period.

With an Overweight rating, Barclays initiated coverage on Array Technologies Inc (NASDAQ:ARRY). The price target seems to have been set at $20.00 for Array Technologies. In the first quarter, Array Technologies showed an EPS of $0.02, compared to $0.19 from the year-ago quarter. The current stock performance of Array Technologies shows a 52-week-high of $17.47 and a 52-week-low of $5.45. Moreover, at the end of the last trading period, the closing price was at $17.27.

Barclays initiated coverage on Volta Inc (NYSE:VLTA) with a Equal-Weight rating. The price target for Volta is set to $2.00. In the first quarter, Volta showed an EPS of $0.28, compared to $4.15 from the year-ago quarter. The current stock performance of Volta shows a 52-week-high of $7.64 and a 52-week-low of $1.22. Moreover, at the end of the last trading period, the closing price was at $2.35.

Barclays initiated coverage on Wallbox NV (NYSE:WBX) with an Overweight rating. The price target for Wallbox is set to $14.00. The current stock performance of Wallbox shows a 52-week-high of $17.60 and a 52-week-low of $8.01. Moreover, at the end of the last trading period, the closing price was at $9.70.

See all analyst ratings initiations.

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