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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For October 24, 2022

Upgrades

Guggenheim upgraded the previous rating for Teladoc Health Inc (NYSE:TDOC) from Sell to Neutral. Teladoc Health earned $0.44 in the second quarter, compared to $0.86 in the year-ago quarter. The stock has a 52-week-high of $95.71 and a 52-week-low of $23.08. At the end of the last trading period, Teladoc Health closed at $24.03.

Guggenheim upgraded the previous rating for ServiceNow Inc (NYSE:NOW) from Neutral to Buy. In the second quarter, ServiceNow showed an EPS of $1.62, compared to $1.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $651.41 and a 52-week-low of $337.00. ServiceNow closed at $360.67 at the end of the last trading period.

According to Rosenblatt, the prior rating for Ansys Inc (NASDAQ:ANSS) was changed from Neutral to Buy. Ansys earned $1.77 in the second quarter, compared to $1.85 in the year-ago quarter. The stock has a 52-week-high of $403.18 and a 52-week-low of $194.23. At the end of the last trading period, Ansys closed at $214.15.

RBC Capital upgraded the previous rating for Heico Corp (NYSE:HEI) from Sector Perform to Outperform. For the third quarter, Heico had an EPS of $0.60, compared to year-ago quarter EPS of $0.56. At the moment, the stock has a 52-week-high of $165.61 and a 52-week-low of $126.95. Heico closed at $151.70 at the end of the last trading period.

According to JP Morgan, the prior rating for Avis Budget Group Inc (NASDAQ:CAR) was changed from Neutral to Overweight. Avis Budget Gr earned $15.94 in the second quarter, compared to $5.90 in the year-ago quarter. The stock has a 52-week-high of $327.80 and a 52-week-low of $131.83. At the end of the last trading period, Avis Budget Gr closed at $189.35.

According to JP Morgan, the prior rating for Visteon Corp (NASDAQ:VC) was changed from Underweight to Neutral. In the second quarter, Visteon showed an EPS of $1.34, compared to $0.32 from the year-ago quarter. The current stock performance of Visteon shows a 52-week-high of $140.44 and a 52-week-low of $88.82. Moreover, at the end of the last trading period, the closing price was at $123.85.

According to JP Morgan, the prior rating for Wolfspeed Inc (NYSE:WOLF) was changed from Neutral to Overweight. In the fourth quarter, Wolfspeed showed an EPS of $0.02, compared to $0.23 from the year-ago quarter. The stock has a 52-week-high of $125.58 and a 52-week-low of $58.07. At the end of the last trading period, Wolfspeed closed at $105.77.

Barclays upgraded the previous rating for Texas Instruments Inc (NASDAQ:TXN) from Underweight to Equal-Weight. In the second quarter, Texas Instruments showed an EPS of $2.45, compared to $2.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $192.10 and a 52-week-low of $144.46. Texas Instruments closed at $159.72 at the end of the last trading period.

According to Raymond James, the prior rating for AT&T Inc (NYSE:T) was changed from Outperform to Strong Buy. In the third quarter, AT&T showed an EPS of $0.68, compared to $0.87 from the year-ago quarter. The stock has a 52-week-high of $27.48 and a 52-week-low of $14.46. At the end of the last trading period, AT&T closed at $17.10.

See all analyst ratings upgrades.

Downgrades

For CapStar Financial Holdings Inc (NASDAQ:CSTR), Keefe, Bruyette & Woods downgraded the previous rating of Outperform to Market Perform. CapStar Finl Hldgs earned $0.37 in the third quarter, compared to $0.59 in the year-ago quarter. The stock has a 52-week-high of $22.17 and a 52-week-low of $17.50. At the end of the last trading period, CapStar Finl Hldgs closed at $18.21.

According to Goldman Sachs, the prior rating for CNH Industrial NV (NYSE:CNHI) was changed from Buy to Neutral. In the second quarter, CNH Industrial showed an EPS of $0.43, compared to $0.42 from the year-ago quarter. The current stock performance of CNH Industrial shows a 52-week-high of $17.13 and a 52-week-low of $10.60. Moreover, at the end of the last trading period, the closing price was at $12.68.

According to B of A Securities, the prior rating for Southern Co (NYSE:SO) was changed from Neutral to Underperform. In the second quarter, Southern showed an EPS of $1.07, compared to $0.84 from the year-ago quarter. The current stock performance of Southern shows a 52-week-high of $80.57 and a 52-week-low of $60.71. Moreover, at the end of the last trading period, the closing price was at $64.50.

According to Scotiabank, the prior rating for Banco Santander Mexico SA (NYSE:BSMX) was changed from Sector Outperform to Sector Underperform. For the second quarter, Banco Santander Mexico had an EPS of $0.25, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $5.90 and a 52-week-low of $4.52. At the end of the last trading period, Banco Santander Mexico closed at $5.70.

DA Davidson downgraded the previous rating for Diebold Nixdorf Inc (NYSE:DBD) from Buy to Neutral. For the second quarter, Diebold Nixdorf had an EPS of $0.38, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $11.00 and a 52-week-low of $2.12. Diebold Nixdorf closed at $2.21 at the end of the last trading period.

For Tremor International Ltd (NASDAQ:TRMR), Raymond James downgraded the previous rating of Outperform to Market Perform. In the second quarter, Tremor Intl showed an EPS of $0.32, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.73 and a 52-week-low of $6.49. Tremor Intl closed at $7.83 at the end of the last trading period.

Truist Securities downgraded the previous rating for Assembly Biosciences Inc (NASDAQ:ASMB) from Buy to Hold. For the second quarter, Assembly Biosciences had an EPS of $0.51, compared to year-ago quarter EPS of $0.55. At the moment, the stock has a 52-week-high of $2.45 and a 52-week-low of $1.32. Assembly Biosciences closed at $1.54 at the end of the last trading period.

According to B of A Securities, the prior rating for MDU Resources Group Inc (NYSE:MDU) was changed from Neutral to Underperform. 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 $32.19 and a 52-week-low of $24.92. At the end of the last trading period, MDU Resources Gr closed at $28.62.

For The Aarons Co Inc (NYSE:AAN), B of A Securities downgraded the previous rating of Neutral to Underperform. The stock has a 52-week-high of $25.96 and a 52-week-low of $8.35. At the end of the last trading period, Aarons closed at $8.71.

B of A Securities downgraded the previous rating for Meta Platforms Inc (NASDAQ:META) from Buy to Neutral. In the second quarter, Meta Platforms showed an EPS of $2.46, compared to $3.61 from the year-ago quarter. The stock has a 52-week-high of $199.45 and a 52-week-low of $11.73. At the end of the last trading period, Meta Platforms closed at $130.01.

For Danaher Corp (NYSE:DHR), Benchmark downgraded the previous rating of Buy to Hold. In the third quarter, Danaher showed an EPS of $2.56, compared to $2.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $328.57 and a 52-week-low of $233.71. Danaher closed at $244.59 at the end of the last trading period.

Piper Sandler downgraded the previous rating for CapStar Financial Holdings Inc (NASDAQ:CSTR) from Overweight to Neutral. For the third quarter, CapStar Finl Hldgs had an EPS of $0.37, compared to year-ago quarter EPS of $0.59. The current stock performance of CapStar Finl Hldgs shows a 52-week-high of $22.17 and a 52-week-low of $17.50. Moreover, at the end of the last trading period, the closing price was at $18.21.

For Huntington Bancshares Inc (NASDAQ:HBAN), Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Huntington Bancshares had an EPS of $0.39, compared to year-ago quarter EPS of $0.35. The stock has a 52-week-high of $17.79 and a 52-week-low of $11.67. At the end of the last trading period, Huntington Bancshares closed at $14.45.

Jefferies downgraded the previous rating for Williams-Sonoma Inc (NYSE:WSM) from Hold to Underperform. Williams-Sonoma earned $3.87 in the second quarter, compared to $3.24 in the year-ago quarter. The current stock performance of Williams-Sonoma shows a 52-week-high of $176.89 and a 52-week-low of $101.58. Moreover, at the end of the last trading period, the closing price was at $117.61.

For NXP Semiconductors NV (NASDAQ:NXPI), Barclays downgraded the previous rating of Overweight to Equal-Weight. In the second quarter, NXP Semiconductors showed an EPS of $3.52, compared to $2.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $234.90 and a 52-week-low of $132.08. NXP Semiconductors closed at $145.25 at the end of the last trading period.

Barclays downgraded the previous rating for Analog Devices Inc (NASDAQ:ADI) from Overweight to Equal-Weight. For the third quarter, Analog Devices had an EPS of $2.52, compared to year-ago quarter EPS of $1.72. At the moment, the stock has a 52-week-high of $180.01 and a 52-week-low of $133.48. Analog Devices closed at $146.59 at the end of the last trading period.

Barclays downgraded the previous rating for Silicon Laboratories Inc (NASDAQ:SLAB) from Equal-Weight to Underweight. For the second quarter, Silicon Laboratories had an EPS of $1.17, compared to year-ago quarter EPS of $1.05. The current stock performance of Silicon Laboratories shows a 52-week-high of $211.98 and a 52-week-low of $113.47. Moreover, at the end of the last trading period, the closing price was at $124.90.

For Qorvo Inc (NASDAQ:QRVO), Barclays downgraded the previous rating of Overweight to Equal-Weight. For the first quarter, Qorvo had an EPS of $2.25, compared to year-ago quarter EPS of $2.83. The current stock performance of Qorvo shows a 52-week-high of $163.12 and a 52-week-low of $75.38. Moreover, at the end of the last trading period, the closing price was at $85.49.

Piper Sandler downgraded the previous rating for NovoCure Ltd (NASDAQ:NVCR) from Overweight to Neutral. For the second quarter, NovoCure had an EPS of $0.23, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $90.98 and a 52-week-low of $56.39. NovoCure closed at $72.61 at the end of the last trading period.

According to HSBC, the prior rating for Chevron Corp (NYSE:CVX) was changed from Buy to Hold. In the second quarter, Chevron showed an EPS of $5.82, compared to $1.71 from the year-ago quarter. At the moment, the stock has a 52-week-high of $182.40 and a 52-week-low of $117.29. Chevron closed at $173.19 at the end of the last trading period.

According to Raymond James, the prior rating for Continental Resources Inc (NYSE:CLR) was changed from Outperform to Market Perform. Continental Resources earned $3.47 in the second quarter, compared to $0.91 in the year-ago quarter. At the moment, the stock has a 52-week-high of $75.49 and a 52-week-low of $44.38. Continental Resources closed at $74.00 at the end of the last trading period.

Cowen & Co. downgraded the previous rating for Tattooed Chef Inc (NASDAQ:TTCF) from Outperform to Market Perform. For the second quarter, Tattooed Chef had an EPS of $0.32, compared to year-ago quarter EPS of $0.08. The current stock performance of Tattooed Chef shows a 52-week-high of $15.64 and a 52-week-low of $4.05. Moreover, at the end of the last trading period, the closing price was at $4.30.

BMO Capital downgraded the previous rating for Green Plains Inc (NASDAQ:GPRE) from Outperform to Market Perform. Green Plains earned $0.73 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $41.25 and a 52-week-low of $26.09. At the end of the last trading period, Green Plains closed at $29.02.

According to Wells Fargo, the prior rating for FedEx Corp (NYSE:FDX) was changed from Overweight to Equal-Weight. FedEx earned $3.44 in the first quarter, compared to $4.37 in the year-ago quarter. The stock has a 52-week-high of $266.79 and a 52-week-low of $141.92. At the end of the last trading period, FedEx closed at $153.23.

SVB Leerink downgraded the previous rating for AVEO Pharmaceuticals Inc (NASDAQ:AVEO) from Outperform to Market Perform. AVEO Pharmaceuticals earned $0.24 in the second quarter, compared to $0.40 in the year-ago quarter. The current stock performance of AVEO Pharmaceuticals shows a 52-week-high of $14.95 and a 52-week-low of $3.06. Moreover, at the end of the last trading period, the closing price was at $14.76.

See all analyst ratings downgrades.

Initiations

Evercore ISI Group initiated coverage on Doximity Inc (NYSE:DOCS) with an In-Line rating. The price target for Doximity is set to $28.00. In the first quarter, Doximity showed an EPS of $0.14, compared to $0.11 from the year-ago quarter. The current stock performance of Doximity shows a 52-week-high of $64.95 and a 52-week-low of $23.73. Moreover, at the end of the last trading period, the closing price was at $25.02.

Evercore ISI Group initiated coverage on R1 RCM Inc (NASDAQ:RCM) with an Outperform rating. The price target for R1 RCM is set to $25.00. For the second quarter, R1 RCM had an EPS of $0.07, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $27.86 and a 52-week-low of $16.07. R1 RCM closed at $16.72 at the end of the last trading period.

Craig-Hallum initiated coverage on CECO Environmental Corp (NASDAQ:CECE) with a Buy rating. The price target for CECO Environmental is set to $17.00. In the second quarter, CECO Environmental showed an EPS of $0.18, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.80 and a 52-week-low of $4.09. CECO Environmental closed at $10.50 at the end of the last trading period.

With a Hold rating, HSBC initiated coverage on Advanced Micro Devices Inc (NASDAQ:AMD). The price target seems to have been set at $60.00 for Advanced Micro Devices. For the second quarter, Advanced Micro Devices had an EPS of $1.05, compared to year-ago quarter EPS of $0.63. The current stock performance of Advanced Micro Devices shows a 52-week-high of $152.42 and a 52-week-low of $54.57. Moreover, at the end of the last trading period, the closing price was at $58.82.

With a Reduce rating, HSBC initiated coverage on Intel Corp (NASDAQ:INTC). The price target seems to have been set at $23.00 for Intel. Intel earned $0.29 in the second quarter, compared to $1.28 in the year-ago quarter. The current stock performance of Intel shows a 52-week-high of $56.28 and a 52-week-low of $24.59. Moreover, at the end of the last trading period, the closing price was at $26.97.

Gordon Haskett initiated coverage on Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) with a Buy rating. The price target for Ollie's Bargain Outlet is set to $60.00. In the second quarter, Ollie's Bargain Outlet showed an EPS of $0.22, compared to $0.52 from the year-ago quarter. The stock has a 52-week-high of $72.27 and a 52-week-low of $37.67. At the end of the last trading period, Ollie's Bargain Outlet closed at $54.88.

With an Overweight rating, Cantor Fitzgerald initiated coverage on WeWork Inc (NYSE:WE). The price target seems to have been set at $8.00 for WeWork. For the second quarter, WeWork had an EPS of $0.76, compared to year-ago quarter EPS of $6.12. The stock has a 52-week-high of $9.83 and a 52-week-low of $1.94. At the end of the last trading period, WeWork closed at $2.09.

With a Neutral rating, Citigroup initiated coverage on LiveWire Group Inc (NYSE:LVWR). The price target seems to have been set at $8.70 for LiveWire Gr. The stock has a 52-week-high of $11.62 and a 52-week-low of $6.75. At the end of the last trading period, LiveWire Gr closed at $7.69.

With a Sector Perform rating, RBC Capital initiated coverage on Westport Fuel Systems Inc (NASDAQ:WPRT). The price target seems to have been set at $2.50 for Westport Fuel Systems. For the second quarter, Westport Fuel Systems had an EPS of $0.07, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $2.73 and a 52-week-low of $0.80. At the end of the last trading period, Westport Fuel Systems closed at $0.84.

Loop Capital initiated coverage on Flywire Corp (NASDAQ:FLYW) with a Buy rating. The price target for Flywire is set to $25.00. In the second quarter, Flywire showed an EPS of $0.22, compared to $0.35 from the year-ago quarter. The current stock performance of Flywire shows a 52-week-high of $39.31 and a 52-week-low of $14.56. Moreover, at the end of the last trading period, the closing price was at $21.48.

Citigroup initiated coverage on Harley-Davidson Inc (NYSE:HOG) with a Neutral rating. The price target for Harley-Davidson is set to $40.00. For the second quarter, Harley-Davidson had an EPS of $1.46, compared to year-ago quarter EPS of $1.41. The current stock performance of Harley-Davidson shows a 52-week-high of $44.46 and a 52-week-low of $29.80. Moreover, at the end of the last trading period, the closing price was at $35.90.

See all analyst ratings initiations.

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