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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For July 25, 2022

Upgrades

For AutoNation Inc (NYSE:AN), Seaport Global upgraded the previous rating of Neutral to Buy. In the second quarter, AutoNation showed an EPS of $6.48, compared to $4.83 from the year-ago quarter. At the moment, the stock has a 52-week-high of $126.39 and a 52-week-low of $96.56. AutoNation closed at $117.07 at the end of the last trading period.

For The Travelers Companies Inc (NYSE:TRV), Raymond James upgraded the previous rating of Market Perform to Strong Buy. For the second quarter, Travelers Companies had an EPS of $2.57, compared to year-ago quarter EPS of $3.45. The stock has a 52-week-high of $187.98 and a 52-week-low of $152.17. At the end of the last trading period, Travelers Companies closed at $156.42.

For CION Invt Corp (NYSE:CION), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. CION Invt earned $0.14 in the first quarter, compared to $0.88 in the year-ago quarter. The current stock performance of CION Invt shows a 52-week-high of $15.09 and a 52-week-low of $7.83. Moreover, at the end of the last trading period, the closing price was at $8.63.

For SVB Financial Group (NASDAQ:SIVB), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. For the second quarter, SVB Finl Gr had an EPS of $5.60, compared to year-ago quarter EPS of $9.09. The current stock performance of SVB Finl Gr shows a 52-week-high of $752.68 and a 52-week-low of $355.37. Moreover, at the end of the last trading period, the closing price was at $361.36.

See all analyst ratings upgrades.

Downgrades

For Wolverine World Wide Inc (NYSE:WWW), Williams Capital downgraded the previous rating of Buy to Hold. For the first quarter, Wolverine World Wide had an EPS of $0.41, compared to year-ago quarter EPS of $0.40. At the moment, the stock has a 52-week-high of $29.75 and a 52-week-low of $16.65. Wolverine World Wide closed at $22.66 at the end of the last trading period.

According to Williams Capital, the prior rating for Kontoor Brands Inc (NYSE:KTB) was changed from Buy to Hold. In the first quarter, Kontoor Brands showed an EPS of $1.43, compared to $1.43 from the year-ago quarter. The current stock performance of Kontoor Brands shows a 52-week-high of $53.14 and a 52-week-low of $30.98. Moreover, at the end of the last trading period, the closing price was at $38.17.

According to Susquehanna, the prior rating for United Airlines Holdings Inc (NASDAQ:UAL) was changed from Positive to Neutral. In the second quarter, United Airlines Holdings showed an EPS of $1.43, compared to $3.91 from the year-ago quarter. The stock has a 52-week-high of $53.12 and a 52-week-low of $30.54. At the end of the last trading period, United Airlines Holdings closed at $36.33.

Piper Sandler downgraded the previous rating for Westlake Corp (NYSE:WLK) from Overweight to Neutral. Westlake earned $5.83 in the first quarter, compared to $1.87 in the year-ago quarter. The current stock performance of Westlake shows a 52-week-high of $141.19 and a 52-week-low of $89.00. Moreover, at the end of the last trading period, the closing price was at $91.81.

According to Scotiabank, the prior rating for Verizon Communications Inc (NYSE:VZ) was changed from Sector Outperform to Sector Perform. For the second quarter, Verizon Communications had an EPS of $1.31, compared to year-ago quarter EPS of $1.37. At the moment, the stock has a 52-week-high of $55.51 and a 52-week-low of $43.77. Verizon Communications closed at $44.45 at the end of the last trading period.

For Pegasystems Inc (NASDAQ:PEGA), Macquarie downgraded the previous rating of Outperform to Neutral. For the first quarter, Pegasystems had an EPS of $0.59, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $111.73 and a 52-week-low of $36.50. Pegasystems closed at $50.07 at the end of the last trading period.

Macquarie downgraded the previous rating for Twilio Inc (NYSE:TWLO) from Outperform to Neutral. For the first quarter, Twilio had an EPS of $0.00, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $266.74 and a 52-week-low of $77.14. At the end of the last trading period, Twilio closed at $87.33.

Macquarie downgraded the previous rating for 2U Inc (NASDAQ:TWOU) from Outperform to Neutral. For the first quarter, 2U had an EPS of $0.24, compared to year-ago quarter EPS of $0.12. At the moment, the stock has a 52-week-high of $20.98 and a 52-week-low of $7.28. 2U closed at $10.73 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for Snap Inc (NYSE:SNAP) from Overweight to Underweight. Snap earned $0.02 in the second quarter, compared to $0.10 in the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $47.71 and a 52-week-low of $9.91. Moreover, at the end of the last trading period, the closing price was at $9.96.

According to DA Davidson, the prior rating for Paycom Software Inc (NYSE:PAYC) was changed from Buy to Neutral. For the first quarter, Paycom Software had an EPS of $1.90, compared to year-ago quarter EPS of $1.47. The stock has a 52-week-high of $416.08 and a 52-week-low of $255.82. At the end of the last trading period, Paycom Software closed at $324.53.

According to Stifel, the prior rating for IDEXX Laboratories Inc (NASDAQ:IDXX) was changed from Buy to Hold. IDEXX Laboratories earned $2.27 in the first quarter, compared to $2.35 in the year-ago quarter. The stock has a 52-week-high of $656.31 and a 52-week-low of $318.50. At the end of the last trading period, IDEXX Laboratories closed at $393.51.

Wells Fargo downgraded the previous rating for SLR Investment Corp (NASDAQ:SLRC) from Equal-Weight to Underweight. In the first quarter, SLR Investment showed an EPS of $0.35, compared to $0.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.39 and a 52-week-low of $13.96. SLR Investment closed at $14.52 at the end of the last trading period.

Truist Securities downgraded the previous rating for 1Life Healthcare Inc (NASDAQ:ONEM) from Buy to Hold. For the first quarter, 1Life Healthcare had an EPS of $0.47, compared to year-ago quarter EPS of $0.29. At the moment, the stock has a 52-week-high of $18.43 and a 52-week-low of $5.94. 1Life Healthcare closed at $17.15 at the end of the last trading period.

According to UBS, the prior rating for Huntsman Corp (NYSE:HUN) was changed from Buy to Neutral. For the first quarter, Huntsman had an EPS of $1.19, compared to year-ago quarter EPS of $0.66. The current stock performance of Huntsman shows a 52-week-high of $41.65 and a 52-week-low of $27.01. Moreover, at the end of the last trading period, the closing price was at $29.04.

According to Societe Generale, the prior rating for Koninklijke Philips NV (NYSE:PHG) was changed from Buy to Hold. For the second quarter, Koninklijke Philips had an EPS of $0.15, compared to year-ago quarter EPS of $0.48. The current stock performance of Koninklijke Philips shows a 52-week-high of $38.77 and a 52-week-low of $20.12. Moreover, at the end of the last trading period, the closing price was at $22.14.

According to SVB Leerink, the prior rating for Regeneron Pharmaceuticals Inc (NASDAQ:REGN) was changed from Outperform to Market Perform. Regeneron Pharmaceuticals earned $11.49 in the first quarter, compared to $9.89 in the year-ago quarter. At the moment, the stock has a 52-week-high of $747.42 and a 52-week-low of $538.01. Regeneron Pharmaceuticals closed at $586.11 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Open Lending Corp (NASDAQ:LPRO) was changed from Equal-Weight to Underweight. For the first quarter, Open Lending had an EPS of $0.18, compared to year-ago quarter EPS of $0.10. 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 $11.05.

For Open Lending Corp (NASDAQ:LPRO), Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. In the first quarter, Open Lending showed an EPS of $0.18, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.73 and a 52-week-low of $9.12. Open Lending closed at $11.05 at the end of the last trading period.

According to Barclays, the prior rating for Phibro Animal Health Corp (NASDAQ:PAHC) was changed from Equal-Weight to Underweight. Phibro Animal Health earned $0.33 in the third quarter, compared to $0.34 in the year-ago quarter. The stock has a 52-week-high of $22.16 and a 52-week-low of $17.28. At the end of the last trading period, Phibro Animal Health closed at $19.83.

For Bain Capital Specialty Finance Inc (NYSE:BCSF), Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. For the first quarter, Bain Capital Specialty had an EPS of $0.34, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $16.29 and a 52-week-low of $13.38. Bain Capital Specialty closed at $14.25 at the end of the last trading period.

Wells Fargo downgraded the previous rating for Owl Rock Capital Corp (NYSE:ORCC) from Equal-Weight to Underweight. In the first quarter, Owl Rock Capital showed an EPS of $0.31, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $15.33 and a 52-week-low of $12.09. At the end of the last trading period, Owl Rock Capital closed at $12.63.

According to Barclays, the prior rating for Ouster Inc (NYSE:OUST) was changed from Overweight to Equal-Weight. In the first quarter, Ouster showed an EPS of $0.19, compared to $0.38 from the year-ago quarter. The current stock performance of Ouster shows a 52-week-high of $5.54 and a 52-week-low of $1.52. Moreover, at the end of the last trading period, the closing price was at $1.82.

Wells Fargo downgraded the previous rating for Trinity Capital Inc (NASDAQ:TRIN) from Overweight to Equal-Weight. For the first quarter, Trinity Capital had an EPS of $0.54, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $20.26 and a 52-week-low of $13.81. At the end of the last trading period, Trinity Capital closed at $14.89.

Wolfe Research downgraded the previous rating for Varonis Systems Inc (NASDAQ:VRNS) from Outperform to Peer Perform. In the first quarter, Varonis Systems showed an EPS of $0.09, compared to $0.08 from the year-ago quarter. The current stock performance of Varonis Systems shows a 52-week-high of $51.60 and a 52-week-low of $26.48. Moreover, at the end of the last trading period, the closing price was at $29.09.

According to Barclays, the prior rating for Lam Research Corp (NASDAQ:LRCX) was changed from Overweight to Equal-Weight. For the third quarter, Lam Research had an EPS of $7.40, compared to year-ago quarter EPS of $7.49. The stock has a 52-week-high of $731.85 and a 52-week-low of $375.87. At the end of the last trading period, Lam Research closed at $463.99.

For Snap Inc (NYSE:SNAP), Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the second quarter, Snap showed an EPS of $0.02, compared to $0.10 from the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $47.71 and a 52-week-low of $9.91. Moreover, at the end of the last trading period, the closing price was at $9.96.

According to Barclays, the prior rating for Camtek Ltd (NASDAQ:CAMT) was changed from Overweight to Equal-Weight. For the first quarter, Camtek had an EPS of $0.44, compared to year-ago quarter EPS of $0.33. The current stock performance of Camtek shows a 52-week-high of $48.60 and a 52-week-low of $22.89. Moreover, at the end of the last trading period, the closing price was at $29.44.

For First American Financial Corp (NYSE:FAF), Cantor Fitzgerald downgraded the previous rating of Overweight to Neutral. In the first quarter, First American Financial showed an EPS of $1.17, compared to $1.64 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.54 and a 52-week-low of $48.81. First American Financial closed at $55.70 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Ally Financial Inc (NYSE:ALLY) from Neutral to Underweight. For the second quarter, Ally Financial had an EPS of $1.76, compared to year-ago quarter EPS of $2.33. The current stock performance of Ally Financial shows a 52-week-high of $53.83 and a 52-week-low of $31.66. Moreover, at the end of the last trading period, the closing price was at $33.48.

For Republic Bancorp Inc (NASDAQ:RBCAA), Piper Sandler downgraded the previous rating of Overweight to Neutral. Republic Bancorp earned $1.20 in the second quarter, compared to $1.16 in the year-ago quarter. The stock has a 52-week-high of $52.63 and a 52-week-low of $41.41. At the end of the last trading period, Republic Bancorp closed at $48.17.

Jefferies downgraded the previous rating for Hanger Inc (NYSE:HNGR) from Buy to Hold. Hanger earned $0.15 in the first quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $19.89 and a 52-week-low of $13.42. At the end of the last trading period, Hanger closed at $18.43.

See all analyst ratings downgrades.

Initiations

With a Market Perform rating, Raymond James initiated coverage on Gold Royalty Corp (AMEX:GROY). The price target seems to have been set at $3.75 for Gold Royalty. For the second quarter, Gold Royalty had an EPS of $0.02, compared to year-ago quarter EPS of $0.08. The current stock performance of Gold Royalty shows a 52-week-high of $4.97 and a 52-week-low of $2.15. Moreover, at the end of the last trading period, the closing price was at $2.53.

With a Buy rating, Jefferies initiated coverage on Ivanhoe Electric Inc (AMEX:IE). The price target seems to have been set at $13.50 for Ivanhoe Electric. The stock has a 52-week-high of $12.04 and a 52-week-low of $7.01. At the end of the last trading period, Ivanhoe Electric closed at $8.50.

Ascendiant Capital initiated coverage on Intrusion Inc (NASDAQ:INTZ) with a Buy rating. The price target for Intrusion is set to $6.00. In the first quarter, Intrusion showed an EPS of $0.21, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.47 and a 52-week-low of $1.74. Intrusion closed at $3.76 at the end of the last trading period.

With a Buy rating, Seaport Global initiated coverage on BlueLinx Holdings Inc (NYSE:BXC). The price target seems to have been set at $100.00 for BlueLinx Hldgs. BlueLinx Hldgs earned $13.19 in the first quarter, compared to $6.44 in the year-ago quarter. The stock has a 52-week-high of $100.01 and a 52-week-low of $58.40. At the end of the last trading period, BlueLinx Hldgs closed at $75.63.

With an Underperform rating, B of A Securities initiated coverage on InterDigital Inc (NASDAQ:IDCC). The price target seems to have been set at $60.00 for InterDigital. For the first quarter, InterDigital had an EPS of $0.58, compared to year-ago quarter EPS of $0.18. The current stock performance of InterDigital shows a 52-week-high of $73.97 and a 52-week-low of $56.13. Moreover, at the end of the last trading period, the closing price was at $62.90.

HC Wainwright & Co. initiated coverage on Genenta Science SPA (NASDAQ:GNTA) with a Buy rating. The price target for Genenta Science is set to $25.00. At the moment, the stock has a 52-week-high of $11.80 and a 52-week-low of $5.11. Genenta Science closed at $6.74 at the end of the last trading period.

Morgan Stanley initiated coverage on Integra Lifesciences Holdings Corp (NASDAQ:IART) with a Equal-Weight rating. The price target for Integra Lifesciences is set to $59.00. Integra Lifesciences earned $0.74 in the first quarter, compared to $0.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.90 and a 52-week-low of $51.21. Integra Lifesciences closed at $54.35 at the end of the last trading period.

BMO Capital initiated coverage on Ivanhoe Electric Inc (AMEX:IE) with an Outperform rating. The price target for Ivanhoe Electric is set to $15.00. The current stock performance of Ivanhoe Electric shows a 52-week-high of $12.04 and a 52-week-low of $7.01. Moreover, at the end of the last trading period, the closing price was at $8.50.

With a Neutral rating, Goldman Sachs initiated coverage on Symbotic Inc (NASDAQ:SYM). The price target seems to have been set at $19.00 for Symbotic. At the moment, the stock has a 52-week-high of $28.48 and a 52-week-low of $9.12. Symbotic closed at $19.87 at the end of the last trading period.

See all analyst ratings initiations.

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