Upgrades

Macquarie upgraded the previous rating for Taiwan Semiconductor Manufacturing Co Ltd TSM from Neutral to Outperform. Taiwan Semiconductor earned $0.78 in the second quarter, compared to $0.41 in the year-ago quarter. The current stock performance of Taiwan Semiconductor shows a 52-week-high of $69.25 and a 52-week-low of $39.78. Moreover, at the end of the last trading period, the closing price was at $67.37.
For First Internet Bancorp INBK, Janney Capital upgraded the previous rating of Neutral to the current rating Buy. For the second quarter, First Internet had an EPS of $0.40, compared to year-ago quarter EPS of $0.60. At the moment, the stock has a 52-week-high of $28.50 and a 52-week-low of $10.47. First Internet closed at $14.92 at the end of the last trading period.
According to Wolfe Research, the prior rating for Allegiant Travel Co ALGT was changed from Peer Perform to Outperform. For the first quarter, Allegiant Travel had an EPS of $2.05, compared to year-ago quarter EPS of $3.98. At the moment, the stock has a 52-week-high of $183.26 and a 52-week-low of $60.06. Allegiant Travel closed at $113.76 at the end of the last trading period.
Argus Research upgraded the previous rating for Tesla Inc TSLA from Hold to Buy. In the second quarter, Tesla showed an EPS of $2.18, compared to ($1.12) from the year-ago quarter. The stock has a 52-week-high of $1794.99 and a 52-week-low of $211.00. At the end of the last trading period, Tesla closed at $1513.07.

Downgrades

Craig-Hallum downgraded the previous rating for Entegris Inc ENTG from Buy to Hold. Entegris earned $0.60 in the second quarter, compared to $0.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $71.51 and a 52-week-low of $38.12. Entegris closed at $69.65 at the end of the last trading period.
According to Stephens & Co., the prior rating for CoreLogic Inc CLGX was changed from Overweight to Equal-Weight. In the second quarter, CoreLogic showed an EPS of $1.02, compared to $0.82 from the year-ago quarter. The stock has a 52-week-high of $69.87 and a 52-week-low of $24.69. At the end of the last trading period, CoreLogic closed at $68.32.
B of A Securities downgraded the previous rating for Icon PLC ICLR from Buy to Neutral. In the second quarter, Icon showed an EPS of $1.20, compared to $1.69 from the year-ago quarter. The current stock performance of Icon shows a 52-week-high of $199.83 and a 52-week-low of $104.28. Moreover, at the end of the last trading period, the closing price was at $189.06.

Initiations

Wolfe Research initiated coverage on Cisco Systems Inc CSCO with an Outperform rating. The price target for Cisco Systems is set to $54.00. Cisco Systems earned $0.79 in the third quarter, compared to $0.78 in the year-ago quarter. The stock has a 52-week-high of $58.09 and a 52-week-low of $32.40. At the end of the last trading period, Cisco Systems closed at $47.41.
With a current rating of Outperform, Wolfe Research initiated coverage on F5 Networks Inc FFIV. The price target seems to have been set at $190.00 for F5 Networks. F5 Networks earned $2.23 in the second quarter, compared to $2.57 in the year-ago quarter. The current stock performance of F5 Networks shows a 52-week-high of $156.36 and a 52-week-low of $79.78. Moreover, at the end of the last trading period, the closing price was at $154.71.
Wolfe Research initiated coverage on Slack Technologies Inc WORK with a Peer Perform rating. The price target for Slack Technologies is set to $32.00. For the first quarter, Slack Technologies had an EPS of ($0.02), compared to year-ago quarter EPS of ($0.23). The current stock performance of Slack Technologies shows a 52-week-high of $40.07 and a 52-week-low of $15.10. Moreover, at the end of the last trading period, the closing price was at $30.33.
Wolfe Research initiated coverage on Twilio Inc TWLO with an Outperform rating. The price target for Twilio is set to $300.00. Twilio earned $0.06 in the first quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Twilio shows a 52-week-high of $271.00 and a 52-week-low of $68.06. Moreover, at the end of the last trading period, the closing price was at $254.30.
Oppenheimer initiated coverage on NuCana PLC NCNA with an Outperform rating. The price target for NuCana is set to $20.00. NuCana earned ($0.15) in the first quarter, compared to ($0.17) in the year-ago quarter. The current stock performance of NuCana shows a 52-week-high of $10.94 and a 52-week-low of $3.81. Moreover, at the end of the last trading period, the closing price was at $5.15.
Wolfe Research initiated coverage on Apple Inc AAPL with an Underperform rating. The price target for Apple is set to $315.00. Apple earned $2.55 in the second quarter, compared to $2.46 in the year-ago quarter. The stock has a 52-week-high of $399.82 and a 52-week-low of $192.58. At the end of the last trading period, Apple closed at $371.38.
With a current rating of Peer Perform, Wolfe Research initiated coverage on Zoom Video Communications Inc ZM. The price target seems to have been set at $255.00 for Zoom Video Communications. In the first quarter, Zoom Video Communications showed an EPS of $0.20, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of $281.00 and a 52-week-low of $60.97. At the end of the last trading period, Zoom Video Communications closed at $251.50.