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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For July 28, 2022

 

Upgrades

  • According to Argus Research, the prior rating for Huntington Bancshares Inc (NASDAQ:HBAN) was changed from Hold to Buy. In the second quarter, Huntington Bancshares showed an EPS of $0.36, compared to $0.35 from the year-ago quarter. The current stock performance of Huntington Bancshares shows a 52-week-high of $17.79 and a 52-week-low of $11.67. Moreover, at the end of the last trading period, the closing price was at $13.09.
  • According to Stifel, the prior rating for NextDecade Corp (NASDAQ:NEXT) was changed from Sell to Hold. For the first quarter, NextDecade had an EPS of $0.14, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $8.10 and a 52-week-low of $2.08. At the end of the last trading period, NextDecade closed at $6.33.
  • For Netgear Inc (NASDAQ:NTGR), BWS Financial upgraded the previous rating of Neutral to Buy. In the second quarter, Netgear showed an EPS of $0.19, compared to $0.66 from the year-ago quarter. The stock has a 52-week-high of $31.00 and a 52-week-low of $17.40. At the end of the last trading period, Netgear closed at $20.29.
  • Macquarie upgraded the previous rating for New Oriental Education & Technology Group Inc (NYSE:EDU) from Neutral to Outperform. New Oriental Education earned $0.94 in the fourth quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $26.43 and a 52-week-low of $0.84. At the end of the last trading period, New Oriental Education closed at $25.74.
  • According to Edward Jones, the prior rating for Qualcomm Inc (NASDAQ:QCOM) was changed from Hold to Buy. In the third quarter, Qualcomm showed an EPS of $2.96, compared to $1.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $193.58 and a 52-week-low of $118.22. Qualcomm closed at $153.42 at the end of the last trading period.
  • Edward Jones upgraded the previous rating for Stryker Corp (NYSE:SYK) from Hold to Buy. In the second quarter, Stryker showed an EPS of $2.25, compared to $2.25 from the year-ago quarter. The stock has a 52-week-high of $280.43 and a 52-week-low of $188.84. At the end of the last trading period, Stryker closed at $211.80.
  • For T-Mobile US Inc (NASDAQ:TMUS), Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. For the second quarter, T-Mobile US had an EPS of $0.43, compared to year-ago quarter EPS of $0.78. The current stock performance of T-Mobile US shows a 52-week-high of $142.37 and a 52-week-low of $101.51. Moreover, at the end of the last trading period, the closing price was at $140.91.
  • For The Kraft Heinz Co (NASDAQ:KHC), Stifel upgraded the previous rating of Hold to Buy. Kraft Heinz earned $0.70 in the second quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $44.87 and a 52-week-low of $34.07. Kraft Heinz closed at $36.34 at the end of the last trading period.
  • Credit Suisse upgraded the previous rating for Enphase Energy Inc (NASDAQ:ENPH) from Neutral to Outperform. In the second quarter, Enphase Energy showed an EPS of $1.07, compared to $0.53 from the year-ago quarter. The current stock performance of Enphase Energy shows a 52-week-high of $257.55 and a 52-week-low of $113.40. Moreover, at the end of the last trading period, the closing price was at $254.77.
  • Oppenheimer upgraded the previous rating for Equinix Inc (NASDAQ:EQIX) from Perform to Outperform. Equinix earned $7.58 in the second quarter, compared to $7.01 in the year-ago quarter.

See all analyst ratings upgrades.

 

Downgrades

  • Goldman Sachs downgraded the previous rating for Align Technology Inc (NASDAQ:ALGN) from Buy to Sell. In the second quarter, Align Tech showed an EPS of $2.00, compared to $3.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $658.50 and a 52-week-low of $225.86. Align Tech closed at $262.61 at the end of the last trading period.
  • For News Corp (NASDAQ:NWSA), Macquarie downgraded the previous rating of Outperform to Neutral. For the third quarter, News had an EPS of $0.16, compared to year-ago quarter EPS of $0.09. The current stock performance of News shows a 52-week-high of $23.73 and a 52-week-low of $14.95. Moreover, at the end of the last trading period, the closing price was at $17.05.
  • R5 Capital downgraded the previous rating for Best Buy Co Inc (NYSE:BBY) from Buy to Sell. In the first quarter, Best Buy Co showed an EPS of $1.57, compared to $2.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $112.96 and a 52-week-low of $64.29. Best Buy Co closed at $74.49 at the end of the last trading period.
  • Goldman Sachs downgraded the previous rating for Teladoc Health Inc (NYSE:TDOC) from Buy to Neutral. For the second quarter, Teladoc Health had an EPS of $0.44, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $95.71 and a 52-week-low of $27.38. Teladoc Health closed at $43.24 at the end of the last trading period.
  • For Teradyne Inc (NASDAQ:TER), Craig-Hallum downgraded the previous rating of Buy to Hold. For the second quarter, Teradyne had an EPS of $1.21, compared to year-ago quarter EPS of $1.91. The current stock performance of Teradyne shows a 52-week-high of $167.69 and a 52-week-low of $82.97. Moreover, at the end of the last trading period, the closing price was at $97.94.
  • According to Cowen & Co., the prior rating for Cognizant Technology Solutions Corp (NASDAQ:CTSH) was changed from Outperform to Market Perform. In the second quarter, Cognizant Tech Solns showed an EPS of $1.14, compared to $0.99 from the year-ago quarter. The stock has a 52-week-high of $93.47 and a 52-week-low of $63.26. At the end of the last trading period, Cognizant Tech Solns closed at $70.30.
  • According to Guggenheim, the prior rating for F45 Training Holdings Inc (NYSE:FXLV) was changed from Buy to Neutral. In the first quarter, F45 Training Holdings showed an EPS of $0.03, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $15.78 and a 52-week-low of $0.79. F45 Training Holdings closed at $1.35 at the end of the last trading period.
  • According to B of A Securities, the prior rating for Verizon Communications Inc (NYSE:VZ) was changed from Buy to Neutral. In the second quarter, Verizon Communications showed an EPS of $1.31, compared to $1.37 from the year-ago quarter. 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 $44.91 at the end of the last trading period.
  • Stifel downgraded the previous rating for Coursera Inc (NYSE:COUR) from Buy to Hold. For the second quarter, Coursera had an EPS of $0.15, compared to year-ago quarter EPS of $0.05. The current stock performance of Coursera shows a 52-week-high of $25.91 and a 52-week-low of $13.36. Moreover, at the end of the last trading period, the closing price was at $16.26.
  • Wedbush downgraded the previous rating for Pegasystems Inc (NASDAQ:PEGA) from Outperform to Neutral. In the second quarter, Pegasystems showed an EPS of $0.38, compared to $0.23 from the year-ago quarter. The stock has a 52-week-high of $111.73 and a 52-week-low of $36.50. At the end of the last trading period, Pegasystems closed at $47.55.
  • According to JP Morgan, the prior rating for Cognizant Technology Solutions Corp (NASDAQ:CTSH) was changed from Overweight to Neutral. For the second quarter, Cognizant Tech Solns had an EPS of $1.14, compared to year-ago quarter EPS of $0.99. The current stock performance of Cognizant Tech Solns shows a 52-week-high of $93.47 and a 52-week-low of $63.26. Moreover, at the end of the last trading period, the closing price was at $70.30.
  • Morgan Stanley downgraded the previous rating for LegalZoom.com Inc (NASDAQ:LZ) from Equal-Weight to Underweight. For the first quarter, LegalZoom.com had an EPS of $0.05, compared to year-ago quarter EPS of $0.05. At the moment, the stock has a 52-week-high of $17.36 and a 52-week-low of $9.51. LegalZoom.com closed at $10.28 at the end of the last trading period.
  • For Coursera Inc (NYSE:COUR), Goldman Sachs downgraded the previous rating of Buy to Neutral. In the second quarter, Coursera showed an EPS of $0.15, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $25.91 and a 52-week-low of $13.36. At the end of the last trading period, Coursera closed at $16.26.
  • For TJX Companies Inc (NYSE:TJX), Gordon Haskett downgraded the previous rating of Buy to Hold. In the first quarter, TJX Companies showed an EPS of $0.68, compared to $0.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $77.35 and a 52-week-low of $53.69. TJX Companies closed at $60.80 at the end of the last trading period.
  • For Shopify Inc (NYSE:SHOP), Piper Sandler downgraded the previous rating of Overweight to Neutral. Shopify earned $0.03 in the second quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $1393.67 and a 52-week-low of $29.72. Shopify closed at $35.24 at the end of the last trading period.
  • According to RBC Capital, the prior rating for Taylor Morrison Home Corp (NYSE:TMHC) was changed from Outperform to Sector Perform. For the second quarter, Taylor Morrison Home had an EPS of $2.27, compared to year-ago quarter EPS of $0.95. The stock has a 52-week-high of $35.17 and a 52-week-low of $20.05. At the end of the last trading period, Taylor Morrison Home closed at $28.48.
  • Jefferies downgraded the previous rating for Best Buy Co Inc (NYSE:BBY) from Buy to Hold. Best Buy Co earned $1.57 in the first quarter, compared to $2.23 in the year-ago quarter. The current stock performance of Best Buy Co shows a 52-week-high of $112.96 and a 52-week-low of $64.29. Moreover, at the end of the last trading period, the closing price was at $74.49.
  • For Columbia Financial Inc (NASDAQ:CLBK), Piper Sandler downgraded the previous rating of Overweight to Neutral. For the second quarter, Columbia Financial had an EPS of $0.22, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $22.86 and a 52-week-low of $18.84. At the end of the last trading period, Columbia Financial closed at $22.80.
  • According to Piper Sandler, the prior rating for Boston Properties Inc (NYSE:BXP) was changed from Overweight to Neutral. Boston Properties earned $1.94 in the second quarter, compared to $1.72 in the year-ago quarter. The current stock performance of Boston Properties shows a 52-week-high of $133.11 and a 52-week-low of $84.86. Moreover, at the end of the last trading period, the closing price was at $90.00.

See all analyst ratings downgrades.

 

Initiations

  • Needham initiated coverage on Fate Therapeutics Inc (NASDAQ:FATE) with a Hold rating. In the first quarter, Fate Therapeutics showed an EPS of $0.68, compared to $0.48 from the year-ago quarter.
  • JP Morgan initiated coverage on Opendoor Technologies Inc (NASDAQ:OPEN) with an Overweight rating. The price target for Opendoor Technologies is set to $9.00. In the first quarter, Opendoor Technologies showed an EPS of $0.15, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $15.24 and a 52-week-low of $4.30. Opendoor Technologies closed at $4.75 at the end of the last trading period.
  • Wells Fargo initiated coverage on Incyte Corp (NASDAQ:INCY) with a Equal-Weight rating. The price target for Incyte is set to $76.00. In the first quarter, Incyte showed an EPS of $0.55, compared to $0.67 from the year-ago quarter. The current stock performance of Incyte shows a 52-week-high of $84.86 and a 52-week-low of $65.07. Moreover, at the end of the last trading period, the closing price was at $80.68.
  • Needham initiated coverage on Nkarta Inc (NASDAQ:NKTX) with a Buy rating. The price target for Nkarta is set to $26.00. In the first quarter, Nkarta showed an EPS of $0.79, compared to $0.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.35 and a 52-week-low of $7.55. Nkarta closed at $12.84 at the end of the last trading period.
  • With a Buy rating, HC Wainwright & Co. initiated coverage on Kinnate Biopharma Inc (NASDAQ:KNTE). The price target seems to have been set at $33.00 for Kinnate Biopharma. In the first quarter, Kinnate Biopharma showed an EPS of $0.61, compared to $0.40 from the year-ago quarter. The current stock performance of Kinnate Biopharma shows a 52-week-high of $18.39 and a 52-week-low of $7.17. Moreover, at the end of the last trading period, the closing price was at $12.04.
  • HC Wainwright & Co. initiated coverage on Vizsla Silver Corp (AMEX:VZLA) with a Buy rating. The price target for Vizsla Silver is set to $1.60. The stock has a 52-week-high of $2.39 and a 52-week-low of $0.91. At the end of the last trading period, Vizsla Silver closed at $1.10.
  • Barclays initiated coverage on Bicycle Therapeutics PLC (NASDAQ:BCYC) with an Overweight rating. The price target for Bicycle Therapeutics is set to $30.00. For the first quarter, Bicycle Therapeutics had an EPS of $0.93, compared to year-ago quarter EPS of $0.73.
  • With a Equal-Weight rating, Morgan Stanley initiated coverage on Shutterstock Inc (NYSE:SSTK). The price target seems to have been set at $54.00 for Shutterstock. In the second quarter, Shutterstock showed an EPS of $0.83, compared to $1.02 from the year-ago quarter. The current stock performance of Shutterstock shows a 52-week-high of $111.66 and a 52-week-low of $50.04. Moreover, at the end of the last trading period, the closing price was at $57.57.
  • With a Buy rating, Berenberg initiated coverage on Doximity Inc (NYSE:DOCS). The price target seems to have been set at $49.00 for Doximity. Doximity earned $0.21 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $64.95 and a 52-week-low of $27.06. Doximity closed at $41.42 at the end of the last trading period.
  • With a Buy rating, Benchmark initiated coverage on Semtech Corp (NASDAQ:SMTC). The price target seems to have been set at $81.00 for Semtech. For the first quarter, Semtech had an EPS of $0.80, compared to year-ago quarter EPS of $0.53.
  • Benchmark initiated coverage on SKYX Platforms Corp (NASDAQ:SKYX) with a Buy rating. The price target for SKYX Platforms is set to $15.00. In the first quarter, SKYX Platforms showed an EPS of $0.23, compared to $0.02 from the year-ago quarter. The current stock performance of SKYX Platforms shows a 52-week-high of $16.00 and a 52-week-low of $1.82. Moreover, at the end of the last trading period, the closing price was at $4.17.
  • MKM Partners initiated coverage on Tractor Supply Co (NASDAQ:TSCO) with a Buy rating. The price target for Tractor Supply is set to $230.00. In the second quarter, Tractor Supply showed an EPS of $3.53, compared to $3.19 from the year-ago quarter. The stock has a 52-week-high of $241.54 and a 52-week-low of $166.49. At the end of the last trading period, Tractor Supply closed at $186.93.
  • With a Neutral rating, MKM Partners initiated coverage on Five Below Inc (NASDAQ:FIVE). The price target seems to have been set at $115.00 for Five Below. Five Below earned $0.59 in the first quarter, compared to $0.88 in the year-ago quarter. At the moment, the stock has a 52-week-high of $214.50 and a 52-week-low of $109.49. Five Below closed at $118.85 at the end of the last trading period.
  • MKM Partners initiated coverage on Wayfair Inc (NYSE:W) with a Neutral rating. The price target for Wayfair is set to $50.00. Wayfair earned $1.96 in the first quarter, compared to $1.00 in the year-ago quarter. The current stock performance of Wayfair shows a 52-week-high of $197.77 and a 52-week-low of $43.31. Moreover, at the end of the last trading period, the closing price was at $49.94.

See all analyst ratings initiations.

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