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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

Upgrades

For Sensei Biotherapeutics Inc (NASDAQ:SNSE), Oppenheimer upgraded the previous rating of Perform to Outperform. For the second quarter, Sensei Biotherapeutics had an EPS of $0.34, compared to year-ago quarter EPS of $0.32. The current stock performance of Sensei Biotherapeutics shows a 52-week-high of $6.17 and a 52-week-low of $1.45. Moreover, at the end of the last trading period, the closing price was at $1.55.

According to RBC Capital, the prior rating for New Gold Inc (AMEX:NGD) was changed from Sector Perform to Outperform. In the second quarter, New Gold showed an EPS of $0.02, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $2.02 and a 52-week-low of $0.61. At the end of the last trading period, New Gold closed at $0.88.

For Box Inc (NYSE:BOX), Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. For the second quarter, Box had an EPS of $0.28, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $33.04 and a 52-week-low of $22.31. Box closed at $24.39 at the end of the last trading period.

RBC Capital upgraded the previous rating for CF Industries Holdings Inc (NYSE:CF) from Sector Perform to Outperform. CF Industries Holdings earned $6.19 in the second quarter, compared to $1.14 in the year-ago quarter. At the moment, the stock has a 52-week-high of $119.60 and a 52-week-low of $63.10. CF Industries Holdings closed at $96.25 at the end of the last trading period.

Goldman Sachs upgraded the previous rating for Wells Fargo & Co (NYSE:WFC) from Neutral to Buy. In the second quarter, Wells Fargo showed an EPS of $0.74, compared to $1.38 from the year-ago quarter. The stock has a 52-week-high of $60.30 and a 52-week-low of $36.54. At the end of the last trading period, Wells Fargo closed at $40.22.

Truist Securities upgraded the previous rating for Southwestern Energy Co (NYSE:SWN) from Hold to Buy. In the second quarter, Southwestern Energy showed an EPS of $0.33, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $9.87 and a 52-week-low of $3.81. At the end of the last trading period, Southwestern Energy closed at $6.12.

See all analyst ratings upgrades.

Downgrades

For SAP SE (NYSE:SAP), Scotiabank downgraded the previous rating of Sector Outperform to Sector Perform. In the second quarter, SAP showed an EPS of $1.02, compared to $2.11 from the year-ago quarter. The current stock performance of SAP shows a 52-week-high of $141.69 and a 52-week-low of $78.22. Moreover, at the end of the last trading period, the closing price was at $81.25.

According to Stephens & Co., the prior rating for CarMax Inc (NYSE:KMX) was changed from Overweight to Equal-Weight. In the second quarter, CarMax showed an EPS of $0.79, compared to $1.72 from the year-ago quarter. At the moment, the stock has a 52-week-high of $130.57 and a 52-week-low of $63.60. CarMax closed at $66.02 at the end of the last trading period.

For BRP Group Inc (NASDAQ:BRP), JP Morgan downgraded the previous rating of Overweight to Neutral. In the second quarter, BRP Group showed an EPS of $0.23, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $36.21 and a 52-week-low of $17.08. BRP Group closed at $26.35 at the end of the last trading period.

For Thor Industries Inc (NYSE:THO), Argus Research downgraded the previous rating of Buy to Hold. Thor Industries earned $5.15 in the fourth quarter, compared to $4.12 in the year-ago quarter. The current stock performance of Thor Industries shows a 52-week-high of $108.58 and a 52-week-low of $66.26. Moreover, at the end of the last trading period, the closing price was at $69.98.

Morgan Stanley downgraded the previous rating for DocuSign Inc (NASDAQ:DOCU) from Equal-Weight to Underweight. In the second quarter, DocuSign showed an EPS of $0.44, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $157.37 and a 52-week-low of $51.12. At the end of the last trading period, DocuSign closed at $53.47.

According to Benchmark, the prior rating for National CineMedia Inc (NASDAQ:NCMI) was changed from Buy to Hold. For the second quarter, National CineMedia had an EPS of $0.01, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of $3.41 and a 52-week-low of $0.65. National CineMedia closed at $0.65 at the end of the last trading period.

For Shift Technologies Inc (NASDAQ:SFT), Truist Securities downgraded the previous rating of Buy to Hold. For the second quarter, Shift Technologies had an EPS of $0.64, compared to year-ago quarter EPS of $0.41. The current stock performance of Shift Technologies shows a 52-week-high of $3.85 and a 52-week-low of $0.60. Moreover, at the end of the last trading period, the closing price was at $0.70.

According to Citigroup, the prior rating for BTRS Holdings Inc (NASDAQ:BTRS) was changed from Buy to Neutral. In the second quarter, BTRS Holdings showed an EPS of $0.04, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.35 and a 52-week-low of $3.95. BTRS Holdings closed at $9.26 at the end of the last trading period.

B of A Securities downgraded the previous rating for Enfusion Inc (NYSE:ENFN) from Buy to Neutral. At the moment, the stock has a 52-week-high of $21.66 and a 52-week-low of $7.80. Enfusion closed at $12.34 at the end of the last trading period.

B of A Securities downgraded the previous rating for Livent Corp (NYSE:LTHM) from Neutral to Underperform. For the second quarter, Livent had an EPS of $0.37, compared to year-ago quarter EPS of $0.04. The current stock performance of Livent shows a 52-week-high of $36.38 and a 52-week-low of $19.35. Moreover, at the end of the last trading period, the closing price was at $30.65.

Goldman Sachs downgraded the previous rating for Citigroup Inc (NYSE:C) from Buy to Neutral. Citigroup earned $2.19 in the second quarter, compared to $2.85 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.11 and a 52-week-low of $41.61. Citigroup closed at $41.67 at the end of the last trading period.

RBC Capital downgraded the previous rating for The Mosaic Co (NYSE:MOS) from Outperform to Sector Perform. Mosaic earned $3.64 in the second quarter, compared to $1.17 in the year-ago quarter. The current stock performance of Mosaic shows a 52-week-high of $79.28 and a 52-week-low of $37.08. Moreover, at the end of the last trading period, the closing price was at $48.33.

See all analyst ratings downgrades.

Initiations

MoffettNathanson initiated coverage on Roblox Corp (NYSE:RBLX) with an Underperform rating. The price target for Roblox is set to $19.00. In the second quarter, Roblox showed an EPS of $0.30, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $103.79 and a 52-week-low of $21.65. At the end of the last trading period, Roblox closed at $35.84.

Aegis Capital initiated coverage on GigaCloud Technology Inc (NASDAQ:GCT) with a Buy rating. The price target for GigaCloud Tech is set to $26.00. GigaCloud Tech earned $0.15 in the second quarter, compared to $0.43 in the year-ago quarter. The stock has a 52-week-high of $62.00 and a 52-week-low of $10.10. At the end of the last trading period, GigaCloud Tech closed at $10.11.

Deutsche Bank initiated coverage on Vivid Seats Inc (NASDAQ:SEAT) with a Hold rating. The price target for Vivid Seats is set to $9.00. The current stock performance of Vivid Seats shows a 52-week-high of $12.52 and a 52-week-low of $7.02. Moreover, at the end of the last trading period, the closing price was at $7.66.

With a Hold rating, Deutsche Bank initiated coverage on Vacasa Inc (NASDAQ:VCSA). The price target seems to have been set at $3.00 for Vacasa. The current stock performance of Vacasa shows a 52-week-high of $9.38 and a 52-week-low of $2.38. Moreover, at the end of the last trading period, the closing price was at $3.07.

With a Buy rating, Deutsche Bank initiated coverage on Global Business Travel Group Inc (NYSE:GBTG). The price target seems to have been set at $7.10 for Global Business Travel. Global Business Travel earned $0.00 in the second quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.28 and a 52-week-low of $5.16. Global Business Travel closed at $5.66 at the end of the last trading period.

With an Overweight rating, JP Morgan initiated coverage on Molina Healthcare Inc (NYSE:MOH). The price target seems to have been set at $360.00 for Molina Healthcare. Molina Healthcare earned $4.55 in the second quarter, compared to $3.40 in the year-ago quarter. The stock has a 52-week-high of $361.25 and a 52-week-low of $249.78. At the end of the last trading period, Molina Healthcare closed at $329.84.

With a Buy rating, HC Wainwright & Co. initiated coverage on Irwin Naturals Inc (OTC:IWINF). The price target seems to have been set at $5.00 for Irwin Naturals.

See all analyst ratings initiations.

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