Earnings season is a busy time for investors, traders and especially Wall Street analysts.
Here is a selection of some of the more notable Wall Street analyst calls from Thursday.
U.S. Steel: Analysts Are Mixed
Analysts at Bank of America downgraded United States Steel Corporation X to Underperform from Neutral, but analysts at Argus Research upgraded the company to Buy from Hold. Also, analysts at CLSA maintained a Sell rating on the stock.
U.S. Steel's stock gained more than 5 percent on Thursday and hit a new 52-week high of $26.92 after the company reported a better-than-expected loss in its second-quarter earnings report.
Panera Bread: Analysts Aren't Showing A Greater Appetite
Analysts at BMO Capital Markets maintained a Market Perform rating on shares of Panera Bread Co PNRA while analysts at Credit Suisse also maintained an Outperform rating on the restaurant chain.
Panera Bread's stock also hit a new 52-week high of $224.15 on Thursday and closed the day higher by more than 3 percent after the company reported a top- and bottom-line beat in its second-quarter print.
Others
Here are some of the other notable analyst calls:
- Analysts at Wolfe Research downgraded The Kroger Co KR to Underperform from Peer Perform.
- Analysts at Societe Generale downgraded Mondelez International Inc MDLZ to Hold from Buy.
- Analysts at Avondale Partners downgraded TerraForm Power Inc TERP to Market Perform from Market Outperform.
The table was provided by Benzinga Professional, a premium service that provides traders and investors with real-time headlines and analysis covering earnings reports, M&A, IPOs, rumors and much more.
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