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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For October 20, 2022

Upgrades

According to Credit Suisse, the prior rating for Hudson Pacific Properties Inc (NYSE:HPP) was changed from Underperform to Neutral. Hudson Pacific Properties earned $0.51 in the second quarter, compared to $0.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.66 and a 52-week-low of $9.83. Hudson Pacific Properties closed at $10.20 at the end of the last trading period.

According to Nomura Instinet, the prior rating for Stellantis NV (NYSE:STLA) was changed from Neutral to Buy. NoneAt the moment, the stock has a 52-week-high of $21.92 and a 52-week-low of $11.37. Stellantis closed at $12.66 at the end of the last trading period.

For Dick's Sporting Goods Inc (NYSE:DKS), Oppenheimer upgraded the previous rating of Perform to Outperform. For the second quarter, Dick's Sporting Goods had an EPS of $3.68, compared to year-ago quarter EPS of $5.08. At the moment, the stock has a 52-week-high of $120.56 and a 52-week-low of $63.45. Dick's Sporting Goods closed at $109.11 at the end of the last trading period.

Wells Fargo upgraded the previous rating for American Water Works Co Inc (NYSE:AWK) from Underweight to Equal-Weight. American Water Works earned $1.20 in the second quarter, compared to $1.14 in the year-ago quarter. The current stock performance of American Water Works shows a 52-week-high of $189.25 and a 52-week-low of $122.77. Moreover, at the end of the last trading period, the closing price was at $134.00.

For ResMed Inc (NYSE:RMD), B of A Securities upgraded the previous rating of Neutral to Buy. ResMed earned $1.49 in the fourth quarter, compared to $1.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $262.38 and a 52-week-low of $189.40. ResMed closed at $215.30 at the end of the last trading period.

Argus Research upgraded the previous rating for Comerica Inc (NYSE:CMA) from Hold to Buy. For the third quarter, Comerica had an EPS of $2.60, compared to year-ago quarter EPS of $1.90. At the moment, the stock has a 52-week-high of $102.09 and a 52-week-low of $67.51. Comerica closed at $67.65 at the end of the last trading period.

Wolfe Research upgraded the previous rating for Xcel Energy Inc (NASDAQ:XEL) from Peer Perform to Outperform. In the second quarter, Xcel Energy showed an EPS of $0.60, compared to $0.58 from the year-ago quarter. The current stock performance of Xcel Energy shows a 52-week-high of $77.66 and a 52-week-low of $56.89. Moreover, at the end of the last trading period, the closing price was at $61.10.

For Albertsons Companies Inc (NYSE:ACI), Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. In the second quarter, Albertsons Companies showed an EPS of $0.72, compared to $0.64 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.99 and a 52-week-low of $24.34. Albertsons Companies closed at $27.20 at the end of the last trading period.

According to Stifel, the prior rating for Monarch Casino & Resort Inc (NASDAQ:MCRI) was changed from Hold to Buy. Monarch Casino & Resort earned $1.41 in the third quarter, compared to $1.15 in the year-ago quarter. The current stock performance of Monarch Casino & Resort shows a 52-week-high of $94.26 and a 52-week-low of $54.01. Moreover, at the end of the last trading period, the closing price was at $61.55.

According to Canaccord Genuity, the prior rating for Datadog Inc (NASDAQ:DDOG) was changed from Hold to Buy. In the second quarter, Datadog showed an EPS of $0.24, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $184.70 and a 52-week-low of $75.53. At the end of the last trading period, Datadog closed at $79.00.

For Southern Co (NYSE:SO), Keybanc upgraded the previous rating of Sector Weight to Overweight. In the second quarter, Southern showed an EPS of $1.07, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $80.57 and a 52-week-low of $60.71. At the end of the last trading period, Southern closed at $64.69.

According to Deutsche Bank, the prior rating for ASML Holding NV (NASDAQ:ASML) was changed from Hold to Buy. In the third quarter, ASML Holding showed an EPS of $4.32, compared to $5.02 from the year-ago quarter. The stock has a 52-week-high of $799.36 and a 52-week-low of $363.15. At the end of the last trading period, ASML Holding closed at $424.02.

Piper Sandler upgraded the previous rating for Oracle Corp (NYSE:ORCL) from Underweight to Neutral. Oracle earned $1.03 in the first quarter, compared to $1.03 in the year-ago quarter. At the moment, the stock has a 52-week-high of $89.58 and a 52-week-low of $60.78. Oracle closed at $66.30 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Janney Montgomery Scott, the prior rating for First Internet Bancorp (NASDAQ:INBK) was changed from Buy to Neutral. In the third quarter, First Internet showed an EPS of $0.90, compared to $1.27 from the year-ago quarter. The current stock performance of First Internet shows a 52-week-high of $53.56 and a 52-week-low of $29.07. Moreover, at the end of the last trading period, the closing price was at $30.82.

Deutsche Bank downgraded the previous rating for Albertsons Companies Inc (NYSE:ACI) from Buy to Hold. In the second quarter, Albertsons Companies showed an EPS of $0.72, compared to $0.64 from the year-ago quarter. The stock has a 52-week-high of $37.99 and a 52-week-low of $24.34. At the end of the last trading period, Albertsons Companies closed at $27.20.

For PNM Resources Inc (NYSE:PNM), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the second quarter, PNM Resources had an EPS of $0.57, compared to year-ago quarter EPS of $0.55. The current stock performance of PNM Resources shows a 52-week-high of $48.81 and a 52-week-low of $43.43. Moreover, at the end of the last trading period, the closing price was at $46.31.

For Ally Financial Inc (NYSE:ALLY), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Ally Financial had an EPS of $1.12, compared to year-ago quarter EPS of $2.16. The stock has a 52-week-high of $53.83 and a 52-week-low of $25.64. At the end of the last trading period, Ally Financial closed at $26.43.

Wells Fargo downgraded the previous rating for Ally Financial Inc (NYSE:ALLY) from Equal-Weight to Underweight. In the third quarter, Ally Financial showed an EPS of $1.12, compared to $2.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $53.83 and a 52-week-low of $25.64. Ally Financial closed at $26.43 at the end of the last trading period.

Wells Fargo downgraded the previous rating for American States Water Co (NYSE:AWR) from Equal-Weight to Underweight. American States Water earned $0.54 in the second quarter, compared to $0.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $103.44 and a 52-week-low of $71.22. American States Water closed at $86.12 at the end of the last trading period.

According to DA Davidson, the prior rating for Comerica Inc (NYSE:CMA) was changed from Buy to Neutral. Comerica earned $2.60 in the third quarter, compared to $1.90 in the year-ago quarter. The current stock performance of Comerica shows a 52-week-high of $102.09 and a 52-week-low of $67.51. Moreover, at the end of the last trading period, the closing price was at $67.65.

B of A Securities downgraded the previous rating for Fleetcor Technologies Inc (NYSE:FLT) from Buy to Neutral. For the second quarter, Fleetcor Technologies had an EPS of $4.17, compared to year-ago quarter EPS of $3.15. At the moment, the stock has a 52-week-high of $265.30 and a 52-week-low of $163.34. Fleetcor Technologies closed at $167.48 at the end of the last trading period.

For Wingstop Inc (NASDAQ:WING), Truist Securities downgraded the previous rating of Buy to Hold. In the second quarter, Wingstop showed an EPS of $0.45, compared to $0.38 from the year-ago quarter. The current stock performance of Wingstop shows a 52-week-high of $174.79 and a 52-week-low of $67.67. Moreover, at the end of the last trading period, the closing price was at $123.07.

For Generac Holdings Inc (NYSE:GNRC), Roth Capital downgraded the previous rating of Buy to Sell. In the second quarter, Generac Hldgs showed an EPS of $2.99, compared to $2.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $353.98 and a 52-week-low of $109.05. Generac Hldgs closed at $110.30 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Alliant Energy Corp (NASDAQ:LNT) from Outperform to Peer Perform. Alliant Energy earned $0.63 in the second quarter, compared to $0.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $65.37 and a 52-week-low of $47.19. Alliant Energy closed at $50.35 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Sunnova Energy International Inc (NYSE:NOVA) from Outperform to Peer Perform. In the second quarter, Sunnova Energy Intl showed an EPS of $0.32, compared to $0.57 from the year-ago quarter. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $31.47 and a 52-week-low of $12.47. Moreover, at the end of the last trading period, the closing price was at $15.90.

For Sunrun Inc (NASDAQ:RUN), Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the second quarter, Sunrun showed an EPS of $0.06, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $39.13 and a 52-week-low of $16.80. At the end of the last trading period, Sunrun closed at $20.40.

For Exelon Corp (NASDAQ:EXC), Keybanc downgraded the previous rating of Overweight to Sector Weight. In the second quarter, Exelon showed an EPS of $0.44, compared to $0.89 from the year-ago quarter. The current stock performance of Exelon shows a 52-week-high of $58.21 and a 52-week-low of $35.32. Moreover, at the end of the last trading period, the closing price was at $36.85.

For Dominion Energy Inc (NYSE:D), Keybanc downgraded the previous rating of Overweight to Sector Weight. For the second quarter, Dominion Energy had an EPS of $0.77, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of $88.78 and a 52-week-low of $61.70. Dominion Energy closed at $65.69 at the end of the last trading period.

Compass Point downgraded the previous rating for HarborOne Bancorp Inc (NASDAQ:HONE) from Buy to Neutral. For the second quarter, HarborOne Bancorp had an EPS of $0.21, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $15.45 and a 52-week-low of $13.25. At the end of the last trading period, HarborOne Bancorp closed at $14.31.

According to Deutsche Bank, the prior rating for Northern Trust Corp (NASDAQ:NTRS) was changed from Buy to Hold. In the third quarter, Northern Trust showed an EPS of $1.80, compared to $1.80 from the year-ago quarter. The stock has a 52-week-high of $135.15 and a 52-week-low of $77.50. At the end of the last trading period, Northern Trust closed at $79.59.

For Ayala Pharmaceuticals Inc (NASDAQ:AYLA), Roth Capital downgraded the previous rating of Buy to Sell. In the second quarter, Ayala Pharmaceuticals showed an EPS of $0.54, compared to $0.75 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.40 and a 52-week-low of $0.57. Ayala Pharmaceuticals closed at $0.71 at the end of the last trading period.

For Coupa Software Inc (NASDAQ:COUP), Piper Sandler downgraded the previous rating of Neutral to Underweight. For the second quarter, Coupa Software had an EPS of $0.20, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $166.21 and a 52-week-low of $46.31. Coupa Software closed at $52.37 at the end of the last trading period.

For Generac Holdings Inc (NYSE:GNRC), Keybanc downgraded the previous rating of Overweight to Sector Weight. Generac Hldgs earned $2.99 in the second quarter, compared to $2.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $353.98 and a 52-week-low of $109.05. Generac Hldgs closed at $110.30 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, UBS initiated coverage on Ready Capital Corp (NYSE:RC). The price target seems to have been set at $11.00 for Ready Capital. For the second quarter, Ready Capital had an EPS of $0.46, compared to year-ago quarter EPS of $0.52. The stock has a 52-week-high of $16.43 and a 52-week-low of $9.69. At the end of the last trading period, Ready Capital closed at $10.91.

UBS initiated coverage on National Instruments Corp (NASDAQ:NATI) with a Neutral rating. The price target for National Instruments is set to $43.00. National Instruments earned $0.36 in the second quarter, compared to $0.35 in the year-ago quarter. The current stock performance of National Instruments shows a 52-week-high of $44.05 and a 52-week-low of $29.81. Moreover, at the end of the last trading period, the closing price was at $39.27.

B of A Securities initiated coverage on Cerevel Therapeutics Holdings Inc (NASDAQ:CERE) with a Buy rating. The price target for Cerevel Therapeutics Hldg is set to $39.00. In the second quarter, Cerevel Therapeutics Hldg showed an EPS of $0.61, compared to $0.42 from the year-ago quarter. The stock has a 52-week-high of $41.46 and a 52-week-low of $19.86. At the end of the last trading period, Cerevel Therapeutics Hldg closed at $25.75.

For Overstock.com Inc (NASDAQ:OSTK), Argus Research initiated coverage, by setting the current rating at Hold. Overstock.com earned $0.19 in the second quarter, compared to $0.73 in the year-ago quarter. The current stock performance of Overstock.com shows a 52-week-high of $60.33 and a 52-week-low of $22.62. Moreover, at the end of the last trading period, the closing price was at $23.57.

For Hagerty Inc (NYSE:HGTY), Raymond James initiated coverage, by setting the current rating at Market Perform. The current stock performance of Hagerty shows a 52-week-high of $18.71 and a 52-week-low of $7.23. Moreover, at the end of the last trading period, the closing price was at $9.00.

Goldman Sachs initiated coverage on Gossamer Bio Inc (NASDAQ:GOSS) with a Buy rating. The price target for Gossamer Bio is set to $22.00. For the second quarter, Gossamer Bio had an EPS of $0.74, compared to year-ago quarter EPS of $0.80. At the moment, the stock has a 52-week-high of $15.20 and a 52-week-low of $5.64. Gossamer Bio closed at $12.32 at the end of the last trading period.

With a Buy rating, Goldman Sachs initiated coverage on Ascendis Pharma A/S (NASDAQ:ASND). The price target seems to have been set at $174.00 for Ascendis Pharma. For the second quarter, Ascendis Pharma had an EPS of $1.56, compared to year-ago quarter EPS of $3.01. The stock has a 52-week-high of $137.40 and a 52-week-low of $61.58. At the end of the last trading period, Ascendis Pharma closed at $109.00.

With a Buy rating, HC Wainwright & Co. initiated coverage on SQZ Biotechnologies Co (NYSE:SQZ). The price target seems to have been set at $10.00 for SQZ Biotechnologies. SQZ Biotechnologies earned $0.78 in the second quarter, compared to $0.68 in the year-ago quarter. The current stock performance of SQZ Biotechnologies shows a 52-week-high of $10.86 and a 52-week-low of $2.00. Moreover, at the end of the last trading period, the closing price was at $2.82.

HC Wainwright & Co. initiated coverage on Tango Therapeutics Inc (NASDAQ:TNGX) with a Buy rating. The price target for Tango Therapeutics is set to $10.00. In the second quarter, Tango Therapeutics showed an EPS of $0.28, compared to $0.09 from the year-ago quarter. The current stock performance of Tango Therapeutics shows a 52-week-high of $11.00 and a 52-week-low of $3.18. Moreover, at the end of the last trading period, the closing price was at $6.98.

HC Wainwright & Co. initiated coverage on Talaris Therapeutics Inc (NASDAQ:TALS) with a Buy rating. The price target for Talaris Therapeutics is set to $18.00. Talaris Therapeutics earned $0.44 in the second quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of $16.63 and a 52-week-low of $2.04. At the end of the last trading period, Talaris Therapeutics closed at $2.42.

With an Outperform rating, Oppenheimer initiated coverage on National Retail Properties Inc (NYSE:NNN). The price target seems to have been set at $48.00 for National Retail Props. For the second quarter, National Retail Props had an EPS of $0.79, compared to year-ago quarter EPS of $0.70. At the moment, the stock has a 52-week-high of $48.90 and a 52-week-low of $38.05. National Retail Props closed at $39.35 at the end of the last trading period.

Oppenheimer initiated coverage on Spirit Realty Capital Inc (NYSE:SRC) with a Perform rating. The price target for Spirit Realty Cap is set to $37.00. Spirit Realty Cap earned $0.90 in the second quarter, compared to $0.86 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.94 and a 52-week-low of $34.55. Spirit Realty Cap closed at $34.97 at the end of the last trading period.

Stifel initiated coverage on California Resources Corp (NYSE:CRC) with a Buy rating. The price target for California Resources is set to $63.00. In the second quarter, California Resources showed an EPS of $1.13, compared to $1.13 from the year-ago quarter. The stock has a 52-week-high of $51.46 and a 52-week-low of $35.95. At the end of the last trading period, California Resources closed at $42.53.

Piper Sandler initiated coverage on Spotify Technology SA (NYSE:SPOT) with a Neutral rating. The price target for Spotify Technology is set to $87.00. In the second quarter, Spotify Technology showed an EPS of $0.91, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $247.20 and a 52-week-low of $78.50. Spotify Technology closed at $88.75 at the end of the last trading period.

See all analyst ratings initiations.

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