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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For September 15, 2022

Upgrades

For Nokia Oyj (NYSE:NOK), Credit Suisse upgraded the previous rating of Neutral to Outperform. For the second quarter, Nokia had an EPS of $0.11, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $6.34 and a 52-week-low of $4.37. Nokia closed at $4.94 at the end of the last trading period.

According to Wolfe Research, the prior rating for PBF Energy Inc (NYSE:PBF) was changed from Underperform to Outperform. In the second quarter, PBF Energy showed an EPS of $10.58, compared to $1.26 from the year-ago quarter. The stock has a 52-week-high of $44.12 and a 52-week-low of $13.10. At the end of the last trading period, PBF Energy closed at $30.43.

For Wynn Resorts Ltd (NASDAQ:WYNN), Credit Suisse upgraded the previous rating of Neutral to Outperform. Wynn Resorts earned $0.82 in the second quarter, compared to $1.12 in the year-ago quarter. The stock has a 52-week-high of $96.50 and a 52-week-low of $50.20. At the end of the last trading period, Wynn Resorts closed at $60.69.

Wedbush upgraded the previous rating for Deckers Outdoor Corp (NYSE:DECK) from Neutral to Outperform. For the first quarter, Deckers Outdoor had an EPS of $1.66, compared to year-ago quarter EPS of $1.71. The stock has a 52-week-high of $373.41 and a 52-week-low of $212.93. At the end of the last trading period, Deckers Outdoor closed at $334.35.

According to Goldman Sachs, the prior rating for Chart Industries Inc (NYSE:GTLS) was changed from Neutral to Buy. For the second quarter, Chart Industries had an EPS of $0.88, compared to year-ago quarter EPS of $0.80. The stock has a 52-week-high of $214.14 and a 52-week-low of $108.29. At the end of the last trading period, Chart Industries closed at $206.36.

For EOG Resources Inc (NYSE:EOG), JP Morgan upgraded the previous rating of Neutral to Overweight. In the second quarter, EOG Resources showed an EPS of $2.74, compared to $1.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $147.99 and a 52-week-low of $88.29. EOG Resources closed at $126.73 at the end of the last trading period.

According to JP Morgan, the prior rating for Permian Resources Corp (NYSE:PR) was changed from Neutral to Overweight. The stock has a 52-week-high of $8.68 and a 52-week-low of $7.32. At the end of the last trading period, Permian Resources closed at $8.15.

JP Morgan upgraded the previous rating for Vermilion Energy Inc (NYSE:VET) from Underweight to Neutral. For the second quarter, Vermilion Energy had an EPS of $1.72, compared to year-ago quarter EPS of $2.27. The current stock performance of Vermilion Energy shows a 52-week-high of $30.17 and a 52-week-low of $12.52. Moreover, at the end of the last trading period, the closing price was at $25.42.

According to Atlantic Equities, the prior rating for Activision Blizzard Inc (NASDAQ:ATVI) was changed from Neutral to Overweight. In the second quarter, Activision Blizzard showed an EPS of $0.47, compared to $0.91 from the year-ago quarter. The current stock performance of Activision Blizzard shows a 52-week-high of $86.90 and a 52-week-low of $61.99. Moreover, at the end of the last trading period, the closing price was at $76.60.

According to Raymond James, the prior rating for Enviva Inc (NYSE:EVA) was changed from Market Perform to Outperform. In the second quarter, Enviva showed an EPS of $0.26, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $91.06 and a 52-week-low of $55.07. Enviva closed at $71.21 at the end of the last trading period.

According to B. Riley Securities, the prior rating for iMedia Brands Inc (NASDAQ:IMBI) was changed from Neutral to Buy. In the second quarter, iMedia Brands showed an EPS of $0.42, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $7.74 and a 52-week-low of $0.82. At the end of the last trading period, iMedia Brands closed at $0.85.

According to Wolfe Research, the prior rating for Masimo Corp (NASDAQ:MASI) was changed from Peer Perform to Outperform. In the second quarter, Masimo showed an EPS of $1.35, compared to $0.94 from the year-ago quarter. The current stock performance of Masimo shows a 52-week-high of $291.15 and a 52-week-low of $112.07. Moreover, at the end of the last trading period, the closing price was at $150.67.

Wolfe Research upgraded the previous rating for Delek US Holdings Inc (NYSE:DK) from Peer Perform to Outperform. Delek US Hldgs earned $4.40 in the second quarter, compared to $0.88 in the year-ago quarter. The current stock performance of Delek US Hldgs shows a 52-week-high of $35.23 and a 52-week-low of $14.71. Moreover, at the end of the last trading period, the closing price was at $27.88.

According to Evercore ISI Group, the prior rating for Netflix Inc (NASDAQ:NFLX) was changed from In-Line to Outperform. Netflix earned $3.20 in the second quarter, compared to $2.97 in the year-ago quarter. At the moment, the stock has a 52-week-high of $609.99 and a 52-week-low of $162.71. Netflix closed at $224.12 at the end of the last trading period.

For Marriott International Inc (NASDAQ:MAR), Berenberg upgraded the previous rating of Hold to Buy. For the second quarter, Marriott Intl had an EPS of $1.80, compared to year-ago quarter EPS of $0.79. At the moment, the stock has a 52-week-high of $195.90 and a 52-week-low of $131.01. Marriott Intl closed at $162.54 at the end of the last trading period.

For Hyatt Hotels Corp (NYSE:H), Berenberg upgraded the previous rating of Hold to Buy. In the second quarter, Hyatt Hotels showed an EPS of $0.46, compared to $1.15 from the year-ago quarter. The current stock performance of Hyatt Hotels shows a 52-week-high of $108.10 and a 52-week-low of $70.12. Moreover, at the end of the last trading period, the closing price was at $93.24.

According to Berenberg, the prior rating for Hilton Worldwide Holdings Inc (NYSE:HLT) was changed from Hold to Buy. For the second quarter, Hilton Worldwide Holdings had an EPS of $1.29, compared to year-ago quarter EPS of $0.56. The current stock performance of Hilton Worldwide Holdings shows a 52-week-high of $167.99 and a 52-week-low of $108.41. Moreover, at the end of the last trading period, the closing price was at $134.83.

According to Jefferies, the prior rating for Nordstrom Inc (NYSE:JWN) was changed from Hold to Buy. In the second quarter, Nordstrom showed an EPS of $0.81, compared to $0.49 from the year-ago quarter. The current stock performance of Nordstrom shows a 52-week-high of $29.59 and a 52-week-low of $16.83. Moreover, at the end of the last trading period, the closing price was at $17.98.

For Tesla Inc (NASDAQ:TSLA), Needham upgraded the previous rating of Underperform to Hold. Tesla earned $0.76 in the second quarter, compared to $0.48 in the year-ago quarter. The stock has a 52-week-high of $402.67 and a 52-week-low of $206.86. At the end of the last trading period, Tesla closed at $302.61.

See all analyst ratings upgrades.

Downgrades

Jefferies downgraded the previous rating for IronNet Inc (NYSE:IRNT) from Hold to Underperform. In the second quarter, IronNet showed an EPS of $0.20, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $7.12 and a 52-week-low of $1.83. IronNet closed at $2.20 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Quanta Services Inc (NYSE:PWR) was changed from Buy to Neutral. Quanta Servs earned $1.54 in the second quarter, compared to $1.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $149.33 and a 52-week-low of $93.91. Quanta Servs closed at $142.37 at the end of the last trading period.

According to JP Morgan, the prior rating for Devon Energy Corp (NYSE:DVN) was changed from Overweight to Neutral. For the second quarter, Devon Energy had an EPS of $2.59, compared to year-ago quarter EPS of $0.60. The stock has a 52-week-high of $79.40 and a 52-week-low of $42.87. At the end of the last trading period, Devon Energy closed at $72.17.

For The Duckhorn Portfolio Inc (NYSE:NAPA), JP Morgan downgraded the previous rating of Overweight to Neutral. In the third quarter, Duckhorn Portfolio showed an EPS of $0.17, compared to $0.17 from the year-ago quarter. The stock has a 52-week-high of $23.57 and a 52-week-low of $16.42. At the end of the last trading period, Duckhorn Portfolio closed at $16.86.

Atlantic Equities downgraded the previous rating for Electronic Arts Inc (NASDAQ:EA) from Overweight to Neutral. In the first quarter, Electronic Arts showed an EPS of $0.47, compared to $0.79 from the year-ago quarter. The current stock performance of Electronic Arts shows a 52-week-high of $142.79 and a 52-week-low of $109.24. Moreover, at the end of the last trading period, the closing price was at $126.92.

For IronNet Inc (NYSE:IRNT), BTIG downgraded the previous rating of Neutral to Sell. In the second quarter, IronNet showed an EPS of $0.20, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $7.12 and a 52-week-low of $1.83. At the end of the last trading period, IronNet closed at $2.20.

According to Wolfe Research, the prior rating for Phillips 66 (NYSE:PSX) was changed from Outperform to Peer Perform. In the second quarter, Phillips 66 showed an EPS of $6.77, compared to $0.74 from the year-ago quarter. The stock has a 52-week-high of $111.28 and a 52-week-low of $72.89. At the end of the last trading period, Phillips 66 closed at $86.00.

According to Wolfe Research, the prior rating for CVR Energy Inc (NYSE:CVI) was changed from Outperform to Peer Perform. CVR Energy earned $2.45 in the second quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $43.61 and a 52-week-low of $16.83. At the end of the last trading period, CVR Energy closed at $32.74.

For Flowserve Corp (NYSE:FLS), Credit Suisse downgraded the previous rating of Outperform to Neutral. In the second quarter, Flowserve showed an EPS of $0.30, compared to $0.37 from the year-ago quarter. The current stock performance of Flowserve shows a 52-week-high of $37.59 and a 52-week-low of $26.84. Moreover, at the end of the last trading period, the closing price was at $28.43.

See all analyst ratings downgrades.

Initiations

Northland Capital Markets initiated coverage on Transcat Inc (NASDAQ:TRNS) with an Outperform rating. The price target for Transcat is set to $100.00. Transcat earned $0.54 in the first quarter, compared to $0.49 in the year-ago quarter. The current stock performance of Transcat shows a 52-week-high of $95.79 and a 52-week-low of $50.32. Moreover, at the end of the last trading period, the closing price was at $74.50.

Macquarie initiated coverage on DoubleDown Interactive Co Ltd (NASDAQ:DDI) with an Outperform rating. The price target for DoubleDown Interactive is set to $17.00. The current stock performance of DoubleDown Interactive shows a 52-week-high of $15.74 and a 52-week-low of $8.31. Moreover, at the end of the last trading period, the closing price was at $10.19.

Ladenburg Thalmann initiated coverage on Tempest Therapeutics Inc (NASDAQ:TPST) with a Buy rating. The price target for Tempest Therapeutics is set to $8.00. In the second quarter, Tempest Therapeutics showed an EPS of $0.79, compared to $7.63 from the year-ago quarter. The current stock performance of Tempest Therapeutics shows a 52-week-high of $5.59 and a 52-week-low of $2.00. Moreover, at the end of the last trading period, the closing price was at $2.26.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Graphite Bio Inc (NASDAQ:GRPH). The price target seems to have been set at $12.00 for Graphite Bio. For the second quarter, Graphite Bio had an EPS of $0.48, compared to year-ago quarter EPS of $3.45. At the moment, the stock has a 52-week-high of $13.39 and a 52-week-low of $2.07. Graphite Bio closed at $3.61 at the end of the last trading period.

BTIG initiated coverage on Landsea Homes Corp (NASDAQ:LSEA) with a Neutral rating. In the second quarter, Landsea Homes showed an EPS of $0.71, compared to $0.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $9.21 and a 52-week-low of $5.36. Landsea Homes closed at $5.40 at the end of the last trading period.

Berenberg initiated coverage on AppFolio Inc (NASDAQ:APPF) with a Buy rating. The price target for AppFolio is set to $130.00. In the second quarter, AppFolio showed an EPS of $0.03, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $125.60 and a 52-week-low of $79.92. AppFolio closed at $98.66 at the end of the last trading period.

With a Neutral rating, UBS initiated coverage on Ball Corp (NYSE:BALL). The price target seems to have been set at $64.00 for Ball. For the second quarter, Ball had an EPS of $0.82, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $75.32 and a 52-week-low of $54.56. Ball closed at $57.41 at the end of the last trading period.

With a Neutral rating, UBS initiated coverage on Crown Holdings Inc (NYSE:CCK). The price target seems to have been set at $105.00 for Crown Holdings. For the second quarter, Crown Holdings had an EPS of $2.10, compared to year-ago quarter EPS of $2.14. The stock has a 52-week-high of $130.42 and a 52-week-low of $85.85. At the end of the last trading period, Crown Holdings closed at $97.22.

With a Positive rating, Susquehanna initiated coverage on Bill.com Holdings Inc (NYSE:BILL). The price target seems to have been set at $190.00 for Bill.com Holdings. In the fourth quarter, Bill.com Holdings showed an EPS of $0.03, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $262.17 and a 52-week-low of $89.87. Bill.com Holdings closed at $163.12 at the end of the last trading period.

Credit Suisse initiated coverage on Corebridge Financial Inc (NYSE:CRBG) with an Outperform rating. The price target for Corebridge Financial is set to $26.00.

With a Market Outperform rating, JMP Securities initiated coverage on LAVA Therapeutics NV (NASDAQ:LVTX). The price target seems to have been set at $6.00 for LAVA Therapeutics. LAVA Therapeutics earned $0.31 in the second quarter, compared to $0.31 in the year-ago quarter. The current stock performance of LAVA Therapeutics shows a 52-week-high of $6.90 and a 52-week-low of $2.28. Moreover, at the end of the last trading period, the closing price was at $2.53.

JMP Securities initiated coverage on BioAtla Inc (NASDAQ:BCAB) with a Market Outperform rating. The price target for BioAtla is set to $17.00. For the second quarter, BioAtla had an EPS of $0.77, compared to year-ago quarter EPS of $0.90. The stock has a 52-week-high of $20.49 and a 52-week-low of $2.01. At the end of the last trading period, BioAtla closed at $8.96.

Janney Montgomery Scott initiated coverage on Capital Bancorp Inc (NASDAQ:CBNK) with a Buy rating. Capital Bancorp earned $0.80 in the second quarter, compared to $0.68 in the year-ago quarter. At the moment, the stock has a 52-week-high of $27.56 and a 52-week-low of $20.94. Capital Bancorp closed at $24.08 at the end of the last trading period.

With a Buy rating, Canaccord Genuity initiated coverage on KemPharm Inc (NASDAQ:KMPH). The price target seems to have been set at $20.00 for KemPharm. KemPharm earned $0.19 in the second quarter, compared to $0.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.43 and a 52-week-low of $4.00. KemPharm closed at $6.08 at the end of the last trading period.

Jefferies initiated coverage on Okta Inc (NASDAQ:OKTA) with a Buy rating. The price target for Okta is set to $90.00. Okta earned $0.10 in the second quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $226.49 and a 52-week-low of $58.12. Okta closed at $60.80 at the end of the last trading period.

With an Overweight rating, Barclays initiated coverage on Axon Enterprise Inc (NASDAQ:AXON). The price target seems to have been set at $147.00 for Axon Enterprise. In the second quarter, Axon Enterprise showed an EPS of $0.44, compared to $0.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $157.50 and a 52-week-low of $82.49. Axon Enterprise closed at $120.01 at the end of the last trading period.

B. Riley Securities initiated coverage on Xponential Fitness Inc (NYSE:XPOF) with a Buy rating. The price target for Xponential Fitness is set to $29.00. For the second quarter, Xponential Fitness had an EPS of $0.07, compared to year-ago quarter EPS of $0.50. The stock has a 52-week-high of $26.90 and a 52-week-low of $11.20. At the end of the last trading period, Xponential Fitness closed at $20.02.

DA Davidson initiated coverage on KnowBe4 Inc (NASDAQ:KNBE) with a Buy rating. The price target for KnowBe4 is set to $25.00. KnowBe4 earned $0.07 in the second quarter, compared to $0.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.00 and a 52-week-low of $13.78. KnowBe4 closed at $19.29 at the end of the last trading period.

Oppenheimer initiated coverage on Host Hotels & Resorts Inc (NASDAQ:HST) with a Perform rating. The price target for Host Hotels & Resorts is set to $21.00. For the second quarter, Host Hotels & Resorts had an EPS of $0.58, compared to year-ago quarter EPS of $0.12. At the moment, the stock has a 52-week-high of $21.63 and a 52-week-low of $15.10. Host Hotels & Resorts closed at $18.32 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on Alkami Technology Inc (NASDAQ:ALKT). The price target seems to have been set at $18.00 for Alkami Technology. In the second quarter, Alkami Technology showed an EPS of $0.07, compared to $0.15 from the year-ago quarter. The stock has a 52-week-high of $21.04 and a 52-week-low of $9.23. At the end of the last trading period, Alkami Technology closed at $16.35.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Euronet Worldwide Inc (NASDAQ:EEFT). The price target seems to have been set at $95.00 for Euronet Worldwide. Euronet Worldwide earned $1.73 in the second quarter, compared to $0.53 in the year-ago quarter. The stock has a 52-week-high of $149.92 and a 52-week-low of $84.79. At the end of the last trading period, Euronet Worldwide closed at $87.34.

With a Hold rating, Stifel initiated coverage on Match Group Inc (NASDAQ:MTCH). The price target seems to have been set at $62.00 for Match Group. In the second quarter, Match Group showed an EPS of $0.70, compared to $0.46 from the year-ago quarter. At the moment, the stock has a 52-week-high of $136.99 and a 52-week-low of $53.19. Match Group closed at $58.65 at the end of the last trading period.

Piper Sandler initiated coverage on Mirati Therapeutics Inc (NASDAQ:MRTX) with an Overweight rating. The price target for Mirati Therapeutics is set to $110.00. In the second quarter, Mirati Therapeutics showed an EPS of $3.18, compared to $3.23 from the year-ago quarter. The stock has a 52-week-high of $151.15 and a 52-week-low of $32.96. At the end of the last trading period, Mirati Therapeutics closed at $81.86.

Jefferies initiated coverage on Zscaler Inc (NASDAQ:ZS) with a Hold rating. The price target for Zscaler is set to $200.00. For the fourth quarter, Zscaler had an EPS of $0.25, compared to year-ago quarter EPS of $0.14. The current stock performance of Zscaler shows a 52-week-high of $323.55 and a 52-week-low of $125.12. Moreover, at the end of the last trading period, the closing price was at $182.98.

Needham initiated coverage on Fisker Inc (NYSE:FSR) with a Buy rating. The price target for Fisker is set to $12.00. For the second quarter, Fisker had an EPS of $0.36, compared to year-ago quarter EPS of $0.17. The current stock performance of Fisker shows a 52-week-high of $18.20 and a 52-week-low of $7.95. Moreover, at the end of the last trading period, the closing price was at $9.23.

For Rivian Automotive Inc (NASDAQ:RIVN), Needham initiated coverage, by setting the current rating at Hold. The current stock performance of Rivian Automotive shows a 52-week-high of $106.80 and a 52-week-low of $19.25. Moreover, at the end of the last trading period, the closing price was at $40.10.

Needham initiated coverage on Lucid Group Inc (NASDAQ:LCID) with an Underperform rating. Lucid Gr earned $0.33 in the second quarter, compared to $7.21 in the year-ago quarter. The stock has a 52-week-high of $47.59 and a 52-week-low of $13.25. At the end of the last trading period, Lucid Gr closed at $16.63.

See all analyst ratings initiations.

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