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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For October 5, 2022

Upgrades

  • For Ford Motor Co (NYSE:F), Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. Ford Motor earned $0.68 in the second quarter, compared to $0.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.87 and a 52-week-low of $10.61. Ford Motor closed at $12.36 at the end of the last trading period.
  • For Charles Schwab Corp (NYSE:SCHW), Erste Group upgraded the previous rating of Hold to Buy. Charles Schwab earned $0.97 in the second quarter, compared to $0.70 in the year-ago quarter. The current stock performance of Charles Schwab shows a 52-week-high of $96.24 and a 52-week-low of $59.35. Moreover, at the end of the last trading period, the closing price was at $76.22.
  • According to Erste Group, the prior rating for Walmart Inc (NYSE:WMT) was changed from Hold to Buy. Walmart earned $1.77 in the second quarter, compared to $1.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $160.77 and a 52-week-low of $117.27. Walmart closed at $134.25 at the end of the last trading period.
  • Erste Group upgraded the previous rating for ConocoPhillips (NYSE:COP) from Hold to Buy. In the second quarter, ConocoPhillips showed an EPS of $3.91, compared to $1.27 from the year-ago quarter. The stock has a 52-week-high of $124.08 and a 52-week-low of $72.02. At the end of the last trading period, ConocoPhillips closed at $115.62.
  • Deutsche Bank upgraded the previous rating for Church & Dwight Co Inc (NYSE:CHD) from Hold to Buy. In the second quarter, Church & Dwight Co showed an EPS of $0.76, compared to $0.76 from the year-ago quarter. The current stock performance of Church & Dwight Co shows a 52-week-high of $105.28 and a 52-week-low of $71.37. Moreover, at the end of the last trading period, the closing price was at $73.35.
  • According to Citigroup, the prior rating for Avantor Inc (NYSE:AVTR) was changed from Neutral to Buy. For the second quarter, Avantor had an EPS of $0.37, compared to year-ago quarter EPS of $0.35. At the moment, the stock has a 52-week-high of $41.98 and a 52-week-low of $19.54. Avantor closed at $20.79 at the end of the last trading period.
  • According to Susquehanna, the prior rating for Silicon Motion Technology Corp (NASDAQ:SIMO) was changed from Neutral to Positive. For the second quarter, Silicon Motion Technology had an EPS of $1.88, compared to year-ago quarter EPS of $1.50. The current stock performance of Silicon Motion Technology shows a 52-week-high of $98.65 and a 52-week-low of $64.41. Moreover, at the end of the last trading period, the closing price was at $69.20.

See all analyst ratings upgrades.

 

Downgrades

  • OTR Global downgraded the previous rating for Check Point Software Technologies Ltd (NASDAQ:CHKP) from Positive to Mixed. Check Point Software earned $1.64 in the second quarter, compared to $1.61 in the year-ago quarter. The current stock performance of Check Point Software shows a 52-week-high of $149.62 and a 52-week-low of $110.26. Moreover, at the end of the last trading period, the closing price was at $118.19.
  • According to Citigroup, the prior rating for Penumbra Inc (NYSE:PEN) was changed from Buy to Neutral. For the second quarter, Penumbra had an EPS of $0.01, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $287.53 and a 52-week-low of $114.86. Penumbra closed at $200.92 at the end of the last trading period.
  • For Janus Henderson Group PLC (NYSE:JHG), Credit Suisse downgraded the previous rating of Neutral to Underperform. For the second quarter, Janus Henderson Gr had an EPS of $0.63, compared to year-ago quarter EPS of $1.16. At the moment, the stock has a 52-week-high of $44.11 and a 52-week-low of $20.25. Janus Henderson Gr closed at $21.89 at the end of the last trading period.
  • Barclays downgraded the previous rating for Poshmark Inc (NASDAQ:POSH) from Overweight to Equal-Weight. In the second quarter, Poshmark showed an EPS of $0.29, compared to $0.04 from the year-ago quarter. The current stock performance of Poshmark shows a 52-week-high of $17.90 and a 52-week-low of $8.97. Moreover, at the end of the last trading period, the closing price was at $17.61.
  • Morgan Stanley downgraded the previous rating for SVB Financial Group (NASDAQ:SIVB) from Overweight to Equal-Weight. In the second quarter, SVB Finl Gr showed an EPS of $5.60, compared to $9.09 from the year-ago quarter. The current stock performance of SVB Finl Gr shows a 52-week-high of $752.68 and a 52-week-low of $328.26. Moreover, at the end of the last trading period, the closing price was at $376.49.
  • According to Piper Sandler, the prior rating for Laredo Petroleum Inc (NYSE:LPI) was changed from Overweight to Neutral. For the second quarter, Laredo Petroleum had an EPS of $7.50, compared to year-ago quarter EPS of $1.71. The current stock performance of Laredo Petroleum shows a 52-week-high of $120.86 and a 52-week-low of $52.50. Moreover, at the end of the last trading period, the closing price was at $72.56.
  • Citigroup downgraded the previous rating for Sotera Health Co (NASDAQ:SHC) from Buy to Neutral. In the second quarter, Sotera Health showed an EPS of $0.27, compared to $0.26 from the year-ago quarter. The current stock performance of Sotera Health shows a 52-week-high of $24.90 and a 52-week-low of $6.79. Moreover, at the end of the last trading period, the closing price was at $8.04.
  • For Morgan Stanley (NYSE:MS), Atlantic Equities downgraded the previous rating of Overweight to Neutral. For the second quarter, Morgan Stanley had an EPS of $1.44, compared to year-ago quarter EPS of $1.89. The stock has a 52-week-high of $109.73 and a 52-week-low of $72.05. At the end of the last trading period, Morgan Stanley closed at $83.97.
  • For Lumen Technologies Inc (NYSE:LUMN), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. Lumen Technologies earned $0.35 in the second quarter, compared to $0.48 in the year-ago quarter. The current stock performance of Lumen Technologies shows a 52-week-high of $13.93 and a 52-week-low of $7.27. Moreover, at the end of the last trading period, the closing price was at $8.04.
  • According to Atlantic Equities, the prior rating for The Goldman Sachs Group Inc (NYSE:GS) was changed from Neutral to Underweight. In the second quarter, Goldman Sachs Group showed an EPS of $7.73, compared to $15.02 from the year-ago quarter. The stock has a 52-week-high of $412.66 and a 52-week-low of $277.84. At the end of the last trading period, Goldman Sachs Group closed at $314.87.

See all analyst ratings downgrades.

 

Initiations

  • With an Outperform rating, Bernstein initiated coverage on Airbnb Inc (NASDAQ:ABNB). The price target seems to have been set at $143.00 for Airbnb. For the second quarter, Airbnb had an EPS of $0.56, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $191.73 and a 52-week-low of $86.71. At the end of the last trading period, Airbnb closed at $110.81.
  • With a Neutral rating, Janney Montgomery Scott initiated coverage on Horizon Technology Finance Corp (NASDAQ:HRZN). The price target seems to have been set at $10.00 for Horizon Tech Finance. Horizon Tech Finance earned $0.35 in the second quarter, compared to $0.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of $16.54 and a 52-week-low of $9.67. Horizon Tech Finance closed at $10.67 at the end of the last trading period.
  • With a Buy rating, HC Wainwright & Co. initiated coverage on Eyenovia Inc (NASDAQ:EYEN). The price target seems to have been set at $12.00 for Eyenovia. For the second quarter, Eyenovia had an EPS of $0.22, compared to year-ago quarter EPS of $0.19. The current stock performance of Eyenovia shows a 52-week-high of $4.08 and a 52-week-low of $1.52. Moreover, at the end of the last trading period, the closing price was at $2.15.
  • With an Overweight rating, Stephens & Co. initiated coverage on Adeia Inc (NASDAQ:ADEA). The price target seems to have been set at $17.00 for Adeia. At the moment, the stock has a 52-week-high of $8.63 and a 52-week-low of $6.52. Adeia closed at $8.42 at the end of the last trading period.
  • With an Outperform rating, Wedbush initiated coverage on Redwood Trust Inc (NYSE:RWT). The price target seems to have been set at $9.00 for Redwood Trust. For the second quarter, Redwood Trust had an EPS of $0.11, compared to year-ago quarter EPS of $0.66. The current stock performance of Redwood Trust shows a 52-week-high of $13.69 and a 52-week-low of $5.51. Moreover, at the end of the last trading period, the closing price was at $6.32.

See all analyst ratings initiations.

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