Benzinga's Top Ratings Upgrades, Downgrades For September 23, 2021

Loading...
Loading...

 

Upgrades

  • Barclays upgraded the previous rating for Warner Music Group Corp WMG from Equal-Weight to Overweight. Warner Music Group earned $0.16 in the third quarter, compared to $0.04 in the year-ago quarter. The current stock performance of Warner Music Group shows a 52-week-high of $45.64 and a 52-week-low of $25.61. Moreover, at the end of the last trading period, the closing price was at $43.22.
  • According to Deutsche Bank, the prior rating for Equity Residential EQR was changed from Sell to Hold. In the second quarter, Equity Residential showed an EPS of $0.72, compared to $0.86 from the year-ago quarter. The current stock performance of Equity Residential shows a 52-week-high of $86.04 and a 52-week-low of $45.42. Moreover, at the end of the last trading period, the closing price was at $81.37.
  • For AvalonBay Communities Inc AVB, Deutsche Bank upgraded the previous rating of Sell to Hold. For the second quarter, AvalonBay Communities had an EPS of $1.98, compared to year-ago quarter EPS of $2.23. The stock has a 52-week-high of $233.48 and a 52-week-low of $131.38. At the end of the last trading period, AvalonBay Communities closed at $223.48.
  • According to Goldman Sachs, the prior rating for Northrop Grumman Corp NOC was changed from Sell to Neutral. Northrop Grumman earned $6.42 in the second quarter, compared to $6.01 in the year-ago quarter. The stock has a 52-week-high of $379.03 and a 52-week-low of $282.88. At the end of the last trading period, Northrop Grumman closed at $348.52.
  • For General Dynamics Corp GD, Goldman Sachs upgraded the previous rating of Sell to Neutral. General Dynamics earned $2.61 in the second quarter, compared to $2.18 in the year-ago quarter. The current stock performance of General Dynamics shows a 52-week-high of $206.46 and a 52-week-low of $129.17. Moreover, at the end of the last trading period, the closing price was at $193.75.
  • Truist Securities upgraded the previous rating for RBC Bearings Inc ROLL from Hold to Buy. RBC Bearings earned $1.04 in the first quarter, compared to $0.95 in the year-ago quarter. At the moment, the stock has a 52-week-high of $250.52 and a 52-week-low of $113.40. RBC Bearings closed at $199.57 at the end of the last trading period.
  • For Roku Inc ROKU, Guggenheim upgraded the previous rating of Neutral to Buy. For the second quarter, Roku had an EPS of $0.52, compared to year-ago quarter EPS of $0.35. At the moment, the stock has a 52-week-high of $490.76 and a 52-week-low of $176.63. Roku closed at $324.77 at the end of the last trading period.
  • According to Raymond James, the prior rating for Ventas Inc VTR was changed from Outperform to Strong Buy. In the second quarter, Ventas showed an EPS of $0.73, compared to $0.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $61.09 and a 52-week-low of $37.83. Ventas closed at $56.21 at the end of the last trading period.
  • According to SVB Leerink, the prior rating for Incyte Corp INCY was changed from Underperform to Market Perform. For the second quarter, Incyte had an EPS of $0.80, compared to year-ago quarter EPS of $1.24. The stock has a 52-week-high of $101.47 and a 52-week-low of $69.42. At the end of the last trading period, Incyte closed at $69.59.
  • For ONEOK Inc OKE, Bernstein upgraded the previous rating of Market Perform to Outperform. For the second quarter, ONEOK had an EPS of $0.77, compared to year-ago quarter EPS of $0.32. At the moment, the stock has a 52-week-high of $57.55 and a 52-week-low of $23.28. ONEOK closed at $54.85 at the end of the last trading period.
  • For Plug Power Inc PLUG, Piper Sandler upgraded the previous rating of Neutral to Overweight. For the second quarter, Plug Power had an EPS of $0.18, compared to year-ago quarter EPS of $0.03. The current stock performance of Plug Power shows a 52-week-high of $75.49 and a 52-week-low of $10.92. Moreover, at the end of the last trading period, the closing price was at $26.92.

See all analyst ratings upgrades.

 

Downgrades

  • For Delta Air Lines Inc DAL, Argus Research downgraded the previous rating of Buy to Hold. In the second quarter, Delta Air Lines showed an EPS of $1.07, compared to $4.43 from the year-ago quarter. The stock has a 52-week-high of $52.28 and a 52-week-low of $27.92. At the end of the last trading period, Delta Air Lines closed at $41.59.
  • William Blair downgraded the previous rating for Eargo Inc EAR from Outperform to Market Perform. Interestingly, in the second quarter, Eargo's EPS was $0.36. At the moment, the stock has a 52-week-high of $76.75 and a 52-week-low of $19.25. Eargo closed at $21.67 at the end of the last trading period.
  • According to Goldman Sachs, the prior rating for Lockheed Martin Corp LMT was changed from Buy to Neutral. In the second quarter, Lockheed Martin showed an EPS of $6.52, compared to $5.79 from the year-ago quarter. The current stock performance of Lockheed Martin shows a 52-week-high of $396.99 and a 52-week-low of $319.81. Moreover, at the end of the last trading period, the closing price was at $341.73.
  • According to Goldman Sachs, the prior rating for L3Harris Technologies Inc LHX was changed from Neutral to Sell. L3Harris Technologies earned $3.26 in the second quarter, compared to $2.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $235.10 and a 52-week-low of $158.09. L3Harris Technologies closed at $222.73 at the end of the last trading period.
  • According to B of A Securities, the prior rating for CommScope Holding Co Inc COMM was changed from Buy to Neutral. In the second quarter, CommScope Hldg Co showed an EPS of $0.43, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.18 and a 52-week-low of $8.25. CommScope Hldg Co closed at $13.77 at the end of the last trading period.
  • For Amgen Inc AMGN, Daiwa Capital downgraded the previous rating of Outperform to Neutral. For the second quarter, Amgen had an EPS of $4.38, compared to year-ago quarter EPS of $4.25. The current stock performance of Amgen shows a 52-week-high of $276.69 and a 52-week-low of $210.28. Moreover, at the end of the last trading period, the closing price was at $213.64.
  • According to Baird, the prior rating for Signify Health Inc SGFY was changed from Outperform to Neutral. Signify Health earned $0.00 in the second quarter. At the moment, the stock has a 52-week-high of $40.79 and a 52-week-low of $21.00. Signify Health closed at $21.44 at the end of the last trading period.
  • According to Morgan Stanley, the prior rating for Trimble Inc TRMB was changed from Equal-Weight to Underweight. For the second quarter, Trimble had an EPS of $0.72, compared to year-ago quarter EPS of $0.52. The current stock performance of Trimble shows a 52-week-high of $96.49 and a 52-week-low of $46.78. Moreover, at the end of the last trading period, the closing price was at $90.54.
  • For Vipshop Holdings Ltd VIPS, JP Morgan downgraded the previous rating of Overweight to Neutral. For the second quarter, Vipshop Holdings had an EPS of $0.32, compared to year-ago quarter EPS of $0.27. At the moment, the stock has a 52-week-high of $46.00 and a 52-week-low of $11.96. Vipshop Holdings closed at $12.73 at the end of the last trading period.

See all analyst ratings downgrades.

 

Initiations

  • Goldman Sachs initiated coverage on Equity Residential EQR with a Neutral rating. The price target for Equity Residential is set to $86.00. In the second quarter, Equity Residential showed an EPS of $0.72, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $86.04 and a 52-week-low of $45.42. At the end of the last trading period, Equity Residential closed at $81.37.
  • Canaccord Genuity initiated coverage on Hut 8 Mining Corp HUT with a Buy rating. The price target for Hut 8 Mining is set to $12.00. Hut 8 Mining earned $0.02 in the second quarter, compared to $0.03 in the year-ago quarter. The current stock performance of Hut 8 Mining shows a 52-week-high of $11.30 and a 52-week-low of $3.15. Moreover, at the end of the last trading period, the closing price was at $8.64.
  • With an Underweight rating, Morgan Stanley initiated coverage on Xerox Holdings Corp XRX. The price target seems to have been set at $17.00 for Xerox Holdings. In the second quarter, Xerox Holdings showed an EPS of $0.47, compared to $0.15 from the year-ago quarter. The current stock performance of Xerox Holdings shows a 52-week-high of $26.96 and a 52-week-low of $17.05. Moreover, at the end of the last trading period, the closing price was at $20.32.
  • Tudor Pickering initiated coverage on Tesla Inc TSLA with a Sell rating. The price target for Tesla is set to $537.00. Tesla earned $1.45 in the second quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $900.40 and a 52-week-low of $351.30. At the end of the last trading period, Tesla closed at $751.94.
  • Alliance Global Partners initiated coverage on Safe-T Group Ltd SFET with a Buy rating. The price target for Safe-T Gr is set to $2.00. For the second quarter, Safe-T Gr had an EPS of $0.00, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $2.98 and a 52-week-low of $0.90. Safe-T Gr closed at $1.15 at the end of the last trading period.
  • With a Equal-Weight rating, Morgan Stanley initiated coverage on PLAYSTUDIOS Inc MYPS. The price target seems to have been set at $5.25 for PLAYSTUDIOS. In the second quarter, PLAYSTUDIOS showed an EPS of $0.07, compared to $0.13 from the year-ago quarter. The current stock performance of PLAYSTUDIOS shows a 52-week-high of $8.62 and a 52-week-low of $3.92. Moreover, at the end of the last trading period, the closing price was at $4.81.
  • With an Outperform rating, Cowen & Co. initiated coverage on Danimer Scientific Inc DNMR. The price target seems to have been set at $21.00 for Danimer Scientific. Danimer Scientific earned $0.37 in the second quarter. At the moment, the stock has a 52-week-high of $66.30 and a 52-week-low of $13.07. Danimer Scientific closed at $15.84 at the end of the last trading period.
  • With an Outperform rating, Cowen & Co. initiated coverage on PureCycle Technologies Inc PCT. The price target seems to have been set at $31.00 for PureCycle Technologies. Interestingly, in the second quarter, PureCycle Technologies's EPS was $0.13. The stock has a 52-week-high of $35.75 and a 52-week-low of $10.06. At the end of the last trading period, PureCycle Technologies closed at $12.99.
  • Wolfe Research initiated coverage on Brixmor Property Group Inc BRX with a Peer Perform rating. The price target for Brixmor Property Group is set to $25.00. In the second quarter, Brixmor Property Group showed an EPS of $0.46, compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of $24.42 and a 52-week-low of $10.58. At the end of the last trading period, Brixmor Property Group closed at $23.23.
  • With an Outperform rating, FBN Securities initiated coverage on Rapid7 Inc RPD. The price target seems to have been set at $140.00 for Rapid7. Rapid7 earned $0.07 in the second quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $125.32 and a 52-week-low of $58.38. Rapid7 closed at $119.08 at the end of the last trading period.
  • With a Buy rating, JonesTrading initiated coverage on Landos Biopharma Inc LABP. The price target seems to have been set at $39.00 for Landos Biopharma. In the second quarter, Landos Biopharma earned $0.12. The current stock performance of Landos Biopharma shows a 52-week-high of $16.99 and a 52-week-low of $8.82. Moreover, at the end of the last trading period, the closing price was at $15.00.
  • With an Overweight rating, Wells Fargo initiated coverage on Chart Industries Inc GTLS. The price target seems to have been set at $230.00 for Chart Industries. Chart Industries earned $0.80 in the second quarter, compared to $0.63 in the year-ago quarter. At the moment, the stock has a 52-week-high of $198.09 and a 52-week-low of $63.62. Chart Industries closed at $194.15 at the end of the last trading period.
  • With a Buy rating, Seaport Global initiated coverage on Ovintiv Inc OVV. The price target seems to have been set at $42.00 for Ovintiv. For the second quarter, Ovintiv had an EPS of $1.11, compared to year-ago quarter EPS of $0.43. At the moment, the stock has a 52-week-high of $33.46 and a 52-week-low of $6.81. Ovintiv closed at $29.59 at the end of the last trading period.
  • With a Buy rating, HC Wainwright & Co. initiated coverage on Bit Digital Inc BTBT. The price target seems to have been set at $14.00 for Bit Digital. Interestingly, in the second quarter, Bit Digital's EPS was $0.15. The current stock performance of Bit Digital shows a 52-week-high of $33.00 and a 52-week-low of $3.40. Moreover, at the end of the last trading period, the closing price was at $9.59.
  • Piper Sandler initiated coverage on Bloom Energy Corp BE with a Neutral rating. The price target for Bloom Energy is set to $21.00. For the second quarter, Bloom Energy had an EPS of $0.23, compared to year-ago quarter EPS of $0.23. The current stock performance of Bloom Energy shows a 52-week-high of $44.95 and a 52-week-low of $12.37. Moreover, at the end of the last trading period, the closing price was at $19.28.
  • Loop Capital initiated coverage on Regal Beloit Corp RBC with a Buy rating. The price target for Regal Beloit is set to $180.00. In the second quarter, Regal Beloit showed an EPS of $2.28, compared to $0.95 from the year-ago quarter. At the moment, the stock has a 52-week-high of $159.64 and a 52-week-low of $91.82. Regal Beloit closed at $139.83 at the end of the last trading period.
  • With a Hold rating, Loop Capital initiated coverage on The Timken Co TKR. The price target seems to have been set at $72.00 for Timken. In the second quarter, Timken showed an EPS of $1.37, compared to $1.02 from the year-ago quarter. The stock has a 52-week-high of $92.39 and a 52-week-low of $52.51. At the end of the last trading period, Timken closed at $66.61.
  • With a Buy rating, Stifel initiated coverage on Repare Therapeutics Inc RPTX. The price target seems to have been set at $48.00 for Repare Therapeutics. Repare Therapeutics earned $0.71 in the second quarter, compared to $2.45 in the year-ago quarter. The current stock performance of Repare Therapeutics shows a 52-week-high of $46.44 and a 52-week-low of $21.76. Moreover, at the end of the last trading period, the closing price was at $28.48.
  • With a Buy rating, Stifel initiated coverage on Mirati Therapeutics Inc MRTX. The price target seems to have been set at $202.00 for Mirati Therapeutics. In the second quarter, Mirati Therapeutics showed an EPS of $3.23, compared to $1.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $249.42 and a 52-week-low of $131.47. Mirati Therapeutics closed at $167.10 at the end of the last trading period.
  • Stifel initiated coverage on Kinnate Biopharma Inc KNTE with a Buy rating. The price target for Kinnate Biopharma is set to $32.00. Kinnate Biopharma earned $0.49 in the second quarter, compared to $2.05 in the year-ago quarter. The stock has a 52-week-high of $48.75 and a 52-week-low of $17.58. At the end of the last trading period, Kinnate Biopharma closed at $23.44.
  • With a Buy rating, Needham initiated coverage on Jazz Pharmaceuticals PLC JAZZ. The price target seems to have been set at $220.00 for Jazz Pharmaceuticals. For the second quarter, Jazz Pharmaceuticals had an EPS of $3.90, compared to year-ago quarter EPS of $3.71. The current stock performance of Jazz Pharmaceuticals shows a 52-week-high of $189.00 and a 52-week-low of $127.80. Moreover, at the end of the last trading period, the closing price was at $129.55.
  • Needham initiated coverage on Avadel Pharmaceuticals PLC AVDL with a Buy rating. The price target for Avadel Pharmaceuticals is set to $17.00. For the second quarter, Avadel Pharmaceuticals had an EPS of $0.33, compared to year-ago quarter EPS of $0.12. At the moment, the stock has a 52-week-high of $10.32 and a 52-week-low of $4.83. Avadel Pharmaceuticals closed at $8.19 at the end of the last trading period.
  • With a Buy rating, Needham initiated coverage on Sage Therapeutics Inc SAGE. The price target seems to have been set at $84.00 for Sage Therapeutics. In the second quarter, Sage Therapeutics showed an EPS of $1.83, compared to $2.08 from the year-ago quarter. The current stock performance of Sage Therapeutics shows a 52-week-high of $98.39 and a 52-week-low of $39.77. Moreover, at the end of the last trading period, the closing price was at $44.35.
  • Needham initiated coverage on Intra-Cellular Therapies Inc ITCI with a Buy rating. The price target for Intra-Cellular Therapies is set to $55.00. Intra-Cellular Therapies earned $0.85 in the second quarter, compared to $0.96 in the year-ago quarter. The current stock performance of Intra-Cellular Therapies shows a 52-week-high of $44.80 and a 52-week-low of $22.91. Moreover, at the end of the last trading period, the closing price was at $37.17.
  • With a Buy rating, Needham initiated coverage on Harmony Biosciences Holdings Inc HRMY. The price target seems to have been set at $57.00 for Harmony Biosciences. Interestingly, in the second quarter, Harmony Biosciences's EPS was $0.54. The stock has a 52-week-high of $52.74 and a 52-week-low of $25.09. At the end of the last trading period, Harmony Biosciences closed at $37.46.
  • Needham initiated coverage on Biogen Inc BIIB with a Buy rating. The price target for Biogen is set to $400.00. For the second quarter, Biogen had an EPS of $5.68, compared to year-ago quarter EPS of $10.26. At the moment, the stock has a 52-week-high of $468.55 and a 52-week-low of $223.25. Biogen closed at $289.32 at the end of the last trading period.

See all analyst ratings initiations.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: UpgradesDowngradesInitiationIntraday UpdateAnalyst RatingsBZI-Ratings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...