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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For September 27, 2022

Upgrades

Evercore ISI Group upgraded the previous rating for Prologis Inc (NYSE:PLD) from In-Line to Outperform. For the second quarter, Prologis had an EPS of $1.11, compared to year-ago quarter EPS of $1.01. The stock has a 52-week-high of $174.54 and a 52-week-low of $102.80. At the end of the last trading period, Prologis closed at $104.16.

According to Alliance Global Partners, the prior rating for Perficient Inc (NASDAQ:PRFT) was changed from Neutral to Buy. For the second quarter, Perficient had an EPS of $1.06, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $133.12 and a 52-week-low of $59.78. Perficient closed at $60.13 at the end of the last trading period.

For Hyatt Hotels Corp (NYSE:H), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. For the second quarter, Hyatt Hotels had an EPS of $0.46, compared to year-ago quarter EPS of $1.15. At the moment, the stock has a 52-week-high of $108.10 and a 52-week-low of $70.12. Hyatt Hotels closed at $78.13 at the end of the last trading period.

Credit Suisse upgraded the previous rating for Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) from Neutral to Outperform. Banco Latinoamericano earned $0.63 in the second quarter, compared to $0.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.35 and a 52-week-low of $12.58. Banco Latinoamericano closed at $14.16 at the end of the last trading period.

For Cogent Communications Holdings Inc (NASDAQ:CCOI), Keybanc upgraded the previous rating of Sector Weight to Overweight. Cogent Comms Hldgs earned $0.24 in the second quarter, compared to $0.20 in the year-ago quarter. The current stock performance of Cogent Comms Hldgs shows a 52-week-high of $74.08 and a 52-week-low of $49.02. Moreover, at the end of the last trading period, the closing price was at $51.09.

See all analyst ratings upgrades.

Downgrades

For Norfolk Southern Corp (NYSE:NSC), UBS downgraded the previous rating of Buy to Neutral. For the second quarter, Norfolk Southern had an EPS of $3.45, compared to year-ago quarter EPS of $3.28. At the moment, the stock has a 52-week-high of $298.99 and a 52-week-low of $212.69. Norfolk Southern closed at $214.76 at the end of the last trading period.

According to Scotiabank, the prior rating for Colliers International Group Inc (NASDAQ:CIGI) was changed from Sector Outperform to Sector Perform. Colliers Intl Gr earned $1.84 in the second quarter, compared to $1.58 in the year-ago quarter. The current stock performance of Colliers Intl Gr shows a 52-week-high of $158.42 and a 52-week-low of $94.54. Moreover, at the end of the last trading period, the closing price was at $95.47.

For CSX Corp (NASDAQ:CSX), UBS downgraded the previous rating of Buy to Neutral. In the second quarter, CSX showed an EPS of $0.50, compared to $0.40 from the year-ago quarter. The current stock performance of CSX shows a 52-week-high of $38.63 and a 52-week-low of $27.23. Moreover, at the end of the last trading period, the closing price was at $27.43.

Evercore ISI Group downgraded the previous rating for Douglas Emmett Inc (NYSE:DEI) from Outperform to In-Line. In the second quarter, Douglas Emmett showed an EPS of $0.51, compared to $0.47 from the year-ago quarter. The stock has a 52-week-high of $36.97 and a 52-week-low of $18.30. At the end of the last trading period, Douglas Emmett closed at $18.39.

According to Goldman Sachs, the prior rating for Keurig Dr Pepper Inc (NASDAQ:KDP) was changed from Buy to Neutral. For the second quarter, Keurig Dr Pepper had an EPS of $0.39, compared to year-ago quarter EPS of $0.38. The current stock performance of Keurig Dr Pepper shows a 52-week-high of $41.31 and a 52-week-low of $33.35. Moreover, at the end of the last trading period, the closing price was at $37.28.

According to Loop Capital, the prior rating for CS Disco Inc (NYSE:LAW) was changed from Buy to Hold. In the second quarter, CS Disco showed an EPS of $0.23, compared to $0.16 from the year-ago quarter. The current stock performance of CS Disco shows a 52-week-high of $40.73 and a 52-week-low of $9.48. Moreover, at the end of the last trading period, the closing price was at $9.50.

See all analyst ratings downgrades.

Initiations

With a Hold rating, Loop Capital initiated coverage on FirstCash Holdings Inc (NASDAQ:FCFS). The price target seems to have been set at $80.00 for FirstCash Hldgs. For the second quarter, FirstCash Hldgs had an EPS of $1.08, compared to year-ago quarter EPS of $0.71. The stock has a 52-week-high of $82.50 and a 52-week-low of $58.30. At the end of the last trading period, FirstCash Hldgs closed at $76.15.

With an Outperform rating, Northland Capital Markets initiated coverage on Crexendo Inc (NASDAQ:CXDO). The price target seems to have been set at $4.00 for Crexendo. For the second quarter, Crexendo had an EPS of $0.02, compared to year-ago quarter EPS of $0.00. At the moment, the stock has a 52-week-high of $5.18 and a 52-week-low of $2.10. Crexendo closed at $2.32 at the end of the last trading period.

EF Hutton initiated coverage on XPEL Inc (NASDAQ:XPEL) with a Buy rating. The price target for XPEL is set to $104.00. In the second quarter, XPEL showed an EPS of $0.43, compared to $0.37 from the year-ago quarter. The current stock performance of XPEL shows a 52-week-high of $87.01 and a 52-week-low of $39.80. Moreover, at the end of the last trading period, the closing price was at $60.24.

With a Buy rating, Alliance Global Partners initiated coverage on Swvl Holdings Corp (NASDAQ:SWVL). The price target seems to have been set at $5.00 for Swvl Hldgs. NoneThe stock has a 52-week-high of $11.40 and a 52-week-low of $0.70. At the end of the last trading period, Swvl Hldgs closed at $0.75.

Cantor Fitzgerald initiated coverage on Lucid Group Inc (NASDAQ:LCID) with an Overweight rating. The price target for Lucid Gr is set to $23.00. In the second quarter, Lucid Gr showed an EPS of $0.33, compared to $7.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $47.59 and a 52-week-low of $13.25. Lucid Gr closed at $14.06 at the end of the last trading period.

With a Buy rating, Truist Securities initiated coverage on Biote Corp (NASDAQ:BTMD). The price target seems to have been set at $10.00 for Biote. The current stock performance of Biote shows a 52-week-high of $7.25 and a 52-week-low of $2.00. Moreover, at the end of the last trading period, the closing price was at $4.21.

B of A Securities initiated coverage on Cincinnati Financial Corp (NASDAQ:CINF) with a Neutral rating. The price target for Cincinnati Financial is set to $92.00. For the second quarter, Cincinnati Financial had an EPS of $0.65, compared to year-ago quarter EPS of $1.79. At the moment, the stock has a 52-week-high of $143.22 and a 52-week-low of $88.66. Cincinnati Financial closed at $90.26 at the end of the last trading period.

With a Buy rating, Compass Point initiated coverage on Core Scientific Inc (NASDAQ:CORZ). The price target seems to have been set at $4.00 for Core Scientific. Core Scientific earned $0.18 in the second quarter, compared to $0.13 in the year-ago quarter. The current stock performance of Core Scientific shows a 52-week-high of $11.49 and a 52-week-low of $1.36. Moreover, at the end of the last trading period, the closing price was at $1.39.

With a Market Outperform rating, JMP Securities initiated coverage on Dynavax Technologies Corp (NASDAQ:DVAX). The price target seems to have been set at $22.00 for Dynavax Technologies. For the second quarter, Dynavax Technologies had an EPS of $0.87, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $17.48 and a 52-week-low of $7.26. Dynavax Technologies closed at $9.93 at the end of the last trading period.

Barclays initiated coverage on Arcos Dorados Holdings Inc (NYSE:ARCO) with an Overweight rating. The price target for Arcos Dorados Holdings is set to $9.00. For the second quarter, Arcos Dorados Holdings had an EPS of $0.07, compared to year-ago quarter EPS of $0.02. At the moment, the stock has a 52-week-high of $8.44 and a 52-week-low of $5.10. Arcos Dorados Holdings closed at $6.75 at the end of the last trading period.

Barclays initiated coverage on Swvl Holdings Corp (NASDAQ:SWVL) with a Equal-Weight rating. The price target for Swvl Hldgs is set to $1.50. NoneThe current stock performance of Swvl Hldgs shows a 52-week-high of $11.40 and a 52-week-low of $0.70. Moreover, at the end of the last trading period, the closing price was at $0.75.

B. Riley Securities initiated coverage on The Lion Electric Co (NYSE:LEV) with a Buy rating. The price target for Lion Electric is set to $5.00. In the second quarter, Lion Electric showed an EPS of $0.19, compared to $1.13 from the year-ago quarter. The current stock performance of Lion Electric shows a 52-week-high of $10.18 and a 52-week-low of $2.86. Moreover, at the end of the last trading period, the closing price was at $2.87.

Stifel initiated coverage on EnLink Midstream LLC (NYSE:ENLC) with a Buy rating. The price target for EnLink Midstream is set to $12.50. In the second quarter, EnLink Midstream showed an EPS of $0.17, compared to $0.04 from the year-ago quarter. The current stock performance of EnLink Midstream shows a 52-week-high of $11.85 and a 52-week-low of $6.89. Moreover, at the end of the last trading period, the closing price was at $8.10.

Jefferies initiated coverage on Guild Holdings Co (NYSE:GHLD) with a Buy rating. The price target for Guild Holdings is set to $15.00. For the second quarter, Guild Holdings had an EPS of $0.23, compared to year-ago quarter EPS of $0.87. At the moment, the stock has a 52-week-high of $14.51 and a 52-week-low of $7.18. Guild Holdings closed at $9.53 at the end of the last trading period.

See all analyst ratings initiations.

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