Benzinga's Top Ratings Upgrades, Downgrades For October 1, 2021

Benzinga's Top Ratings Upgrades, Downgrades For October 1, 2021

 

Upgrades

Northland Capital Markets upgraded the previous rating for Five9 Inc FIVN from Market Perform to Outperform. In the second quarter, Five9 showed an EPS of $0.23, compared to $0.21 from the year-ago quarter. The current stock performance of Five9 shows a 52-week-high of $211.68 and a 52-week-low of $127.15. Moreover, at the end of the last trading period, the closing price was at $159.74.

According to TD Securities, the prior rating for Charter Communications Inc CHTR was changed from Hold to Buy. In the second quarter, Charter Communications showed an EPS of $5.29, compared to $3.63 from the year-ago quarter. The stock has a 52-week-high of $825.62 and a 52-week-low of $572.46. At the end of the last trading period, Charter Communications closed at $727.56.

According to Barclays, the prior rating for PVH Corp PVH was changed from Underweight to Equal-Weight. In the second quarter, PVH showed an EPS of $2.72, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $121.94 and a 52-week-low of $57.35. PVH closed at $102.79 at the end of the last trading period.

For Five9 Inc FIVN, Evercore ISI Group upgraded the previous rating of In-Line to Outperform. In the second quarter, Five9 showed an EPS of $0.23, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $211.68 and a 52-week-low of $127.15. Five9 closed at $159.74 at the end of the last trading period.

According to Barclays, the prior rating for Xcel Energy Inc XEL was changed from Equal-Weight to Overweight. Xcel Energy earned $0.58 in the second quarter, compared to $0.54 in the year-ago quarter. The current stock performance of Xcel Energy shows a 52-week-high of $76.44 and a 52-week-low of $57.23. Moreover, at the end of the last trading period, the closing price was at $62.50.

According to Barclays, the prior rating for Five9 Inc FIVN was changed from Equal-Weight to Overweight. In the second quarter, Five9 showed an EPS of $0.23, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $211.68 and a 52-week-low of $127.15. Five9 closed at $159.74 at the end of the last trading period.

For CenterPoint Energy Inc CNP, Barclays upgraded the previous rating of Equal-Weight to Overweight. For the second quarter, CenterPoint Energy had an EPS of $0.36, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $27.20 and a 52-week-low of $19.06. CenterPoint Energy closed at $24.60 at the end of the last trading period.

For Five9 Inc FIVN, Canaccord Genuity upgraded the previous rating of Hold to Buy. For the second quarter, Five9 had an EPS of $0.23, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $211.68 and a 52-week-low of $127.15. Five9 closed at $159.74 at the end of the last trading period.

Morgan Stanley upgraded the previous rating for Zuora Inc ZUO from Underweight to Equal-Weight. Zuora earned $0.04 in the second quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $18.65 and a 52-week-low of $9.27. At the end of the last trading period, Zuora closed at $16.58.

According to Citigroup, the prior rating for General Mills Inc GIS was changed from Neutral to Buy. For the first quarter, General Mills had an EPS of $0.99, compared to year-ago quarter EPS of $1.00. At the moment, the stock has a 52-week-high of $64.65 and a 52-week-low of $53.96. General Mills closed at $59.82 at the end of the last trading period.

JP Morgan upgraded the previous rating for Frontier Group Holdings Inc ULCC from Neutral to Overweight. Interestingly, in the second quarter, Frontier Group Holdings's EPS was $0.24. The current stock performance of Frontier Group Holdings shows a 52-week-high of $22.70 and a 52-week-low of $13.71. Moreover, at the end of the last trading period, the closing price was at $15.79.

JP Morgan upgraded the previous rating for Southwest Airlines Co LUV from Neutral to Overweight. For the second quarter, Southwest Airlines had an EPS of $0.35, compared to year-ago quarter EPS of $2.67. At the moment, the stock has a 52-week-high of $64.75 and a 52-week-low of $36.05. Southwest Airlines closed at $51.43 at the end of the last trading period.

According to Berenberg, the prior rating for Allianz SE ALIZY was changed from Hold to Buy. The current stock performance of Allianz shows a 52-week-high of $26.85 and a 52-week-low of $17.39. Moreover, at the end of the last trading period, the closing price was at $22.46.

According to UBS, the prior rating for Covestro AG COVTY was changed from Sell to Neutral. Covestro earned $2.80 in the second quarter, compared to $0.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of $36.23 and a 52-week-low of $23.46. Covestro closed at $34.36 at the end of the last trading period.

See all analyst ratings upgrades.

 

Downgrades

  • According to UBS, the prior rating for Hess Midstream LP HESM was changed from Buy to Neutral. In the second quarter, Hess Midstream showed an EPS of $0.44, compared to $0.29 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.34 and a 52-week-low of $14.56. Hess Midstream closed at $28.21 at the end of the last trading period.
  • According to Barclays, the prior rating for Acceleron Pharma Inc XLRN was changed from Overweight to Equal-Weight. Acceleron Pharma earned $1.05 in the second quarter, compared to $0.34 in the year-ago quarter. The stock has a 52-week-high of $189.99 and a 52-week-low of $99.98. At the end of the last trading period, Acceleron Pharma closed at $172.10.
  • According to Barclays, the prior rating for JOANN Inc JOAN was changed from Equal-Weight to Underweight. In the second quarter, JOANN earned $0.20. At the moment, the stock has a 52-week-high of $17.50 and a 52-week-low of $9.75. JOANN closed at $11.14 at the end of the last trading period.
  • For Cricut Inc CRCT, Barclays downgraded the previous rating of Equal-Weight to Underweight. In the second quarter, Cricut earned $0.22. At the moment, the stock has a 52-week-high of $47.36 and a 52-week-low of $14.88. Cricut closed at $27.58 at the end of the last trading period.
  • According to Rosenblatt, the prior rating for Xylem Inc XYL was changed from Buy to Hold. For the second quarter, Xylem had an EPS of $0.66, compared to year-ago quarter EPS of $0.40. The stock has a 52-week-high of $138.78 and a 52-week-low of $80.95. At the end of the last trading period, Xylem closed at $123.68.
  • Susquehanna downgraded the previous rating for MGM Resorts International MGM from Neutral to Negative. For the second quarter, MGM Resorts Intl had an EPS of $0.13, compared to year-ago quarter EPS of $1.52. The stock has a 52-week-high of $46.06 and a 52-week-low of $19.55. At the end of the last trading period, MGM Resorts Intl closed at $43.15.
  • Oppenheimer downgraded the previous rating for Spero Therapeutics Inc SPRO from Outperform to Perform. For the second quarter, Spero Therapeutics had an EPS of $0.63, compared to year-ago quarter EPS of $0.85. The current stock performance of Spero Therapeutics shows a 52-week-high of $23.64 and a 52-week-low of $10.20. Moreover, at the end of the last trading period, the closing price was at $18.41.
  • For Spirit Airlines Inc SAVE, JP Morgan downgraded the previous rating of Overweight to Neutral. In the second quarter, Spirit Airlines showed an EPS of $0.34, compared to $3.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of $40.77 and a 52-week-low of $15.45. Spirit Airlines closed at $25.94 at the end of the last trading period.
  • For Acceleron Pharma Inc XLRN, Cowen & Co. downgraded the previous rating of Outperform to Market Perform. In the second quarter, Acceleron Pharma showed an EPS of $1.05, compared to $0.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $189.99 and a 52-week-low of $99.98. Acceleron Pharma closed at $172.10 at the end of the last trading period.
  • According to Societe Generale, the prior rating for Sartorius Stedim Biotech SA SDMHF was changed from Buy to Hold. The current stock performance of Sartorius Stedim Biotech shows a 52-week-high of $653.00 and a 52-week-low of $330.80. Moreover, at the end of the last trading period, the closing price was at $559.95.
  • JP Morgan downgraded the previous rating for Silgan Holdings Inc SLGN from Neutral to Underweight. For the second quarter, Silgan Hldgs had an EPS of $0.85, compared to year-ago quarter EPS of $0.85. The stock has a 52-week-high of $44.55 and a 52-week-low of $33.62. At the end of the last trading period, Silgan Hldgs closed at $38.36.
  • Raymond James downgraded the previous rating for Alibaba Group Holding Ltd BABA from Strong Buy to Outperform. Alibaba Group Holding earned $2.57 in the first quarter, compared to $2.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $319.32 and a 52-week-low of $144.44. Alibaba Group Holding closed at $148.05 at the end of the last trading period.
  • For Dollar Tree Inc DLTR, Keybanc downgraded the previous rating of Overweight to Sector Weight. Dollar Tree earned $1.23 in the second quarter, compared to $1.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $120.37 and a 52-week-low of $84.26. Dollar Tree closed at $95.72 at the end of the last trading period.

See all analyst ratings downgrades.

 

Initiations

  • With a Buy rating, Roth Capital initiated coverage on Volta Inc VLTA. The price target seems to have been set at $18.00 for Volta. At the moment, the stock has a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . Volta closed at $8.65 at the end of the last trading period.
  • With an Outperform rating, Wolfe Research initiated coverage on Cano Health Inc CANO. The price target seems to have been set at $19.00 for Cano Health. In the second quarter, Cano Health earned $0.03. The stock has a 52-week-high of $16.17 and a 52-week-low of $9.20. At the end of the last trading period, Cano Health closed at $12.68.
  • With a Buy rating, Jefferies initiated coverage on Greenlane Holdings Inc GNLN. The price target seems to have been set at $6.30 for Greenlane Hldgs. Greenlane Hldgs earned $0.22 in the second quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $8.73 and a 52-week-low of $2.10. At the end of the last trading period, Greenlane Hldgs closed at $2.37.
  • Piper Sandler initiated coverage on Lithium Americas Corp LAC with a Neutral rating. The price target for Lithium Americas is set to $20.00. In the second quarter, Lithium Americas showed an EPS of $0.16, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $28.75 and a 52-week-low of $8.95. Lithium Americas closed at $22.33 at the end of the last trading period.
  • UBS initiated coverage on Anaplan Inc PLAN with a Buy rating. The price target for Anaplan is set to $72.00. In the second quarter, Anaplan showed an EPS of $0.09, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $86.17 and a 52-week-low of $46.00. At the end of the last trading period, Anaplan closed at $60.89.
  • With a Neutral rating, UBS initiated coverage on Coupa Software Inc COUP. The price target seems to have been set at $230.00 for Coupa Software. In the second quarter, Coupa Software showed an EPS of $0.26, compared to $0.21 from the year-ago quarter. At the moment, the stock has a 52-week-high of $377.04 and a 52-week-low of $203.50. Coupa Software closed at $219.18 at the end of the last trading period.
  • With an Outperform rating, RBC Capital initiated coverage on Enthusiast Gaming Holdings Inc EGLX. The price target seems to have been set at $9.00 for Enthusiast Gaming. In the second quarter, Enthusiast Gaming earned $0.09. The stock has a 52-week-high of $8.88 and a 52-week-low of $3.42. At the end of the last trading period, Enthusiast Gaming closed at $3.63.
  • With a Buy rating, Guggenheim initiated coverage on Chicken Soup for the Soul Entertainment Inc CSSE. The price target seems to have been set at $37.00 for Chicken Soup for the Soul. Chicken Soup for the Soul earned $0.79 in the second quarter, compared to $0.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $47.72 and a 52-week-low of $12.81. Chicken Soup for the Soul closed at $22.87 at the end of the last trading period.
  • With a Buy rating, Ascendiant Capital initiated coverage on Alzamend Neuro Inc ALZN. The price target seems to have been set at $8.00 for Alzamend Neuro. Alzamend Neuro earned $0.03 in the first quarter, compared to $0.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $33.55 and a 52-week-low of $2.22. Alzamend Neuro closed at $3.08 at the end of the last trading period.
  • B of A Securities initiated coverage on Upwork Inc UPWK with a Buy rating. The price target for Upwork is set to $65.00. For the second quarter, Upwork had an EPS of $0.03, compared to year-ago quarter EPS of $0.09. The current stock performance of Upwork shows a 52-week-high of $64.49 and a 52-week-low of $17.12. Moreover, at the end of the last trading period, the closing price was at $45.03.
  • With an Outperform rating, Credit Suisse initiated coverage on Wheels Up Experience Inc UP. The price target seems to have been set at $14.00 for Wheels Up Experience. Interestingly, in the second quarter, Wheels Up Experience's EPS was $0.12. The stock has a 52-week-high of $15.00 and a 52-week-low of $6.43. At the end of the last trading period, Wheels Up Experience closed at $6.59.
  • For Aadi Bioscience Inc AADI, Cowen & Co. initiated coverage, by setting the current rating at Outperform. Aadi Bioscience earned $0.09 in the second quarter, compared to $0.23 in the year-ago quarter. The current stock performance of Aadi Bioscience shows a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . Moreover, at the end of the last trading period, the closing price was at $29.37.
  • Ladenburg Thalmann initiated coverage on Big Cypress Acquisition Corp BCYP with a Buy rating. The price target for Big Cypress Acquisition is set to $16.50. The stock has a 52-week-high of $10.75 and a 52-week-low of $9.70. At the end of the last trading period, Big Cypress Acquisition closed at $10.08.
  • With a Buy rating, Goldman Sachs initiated coverage on SVB Financial Group SIVB. The price target seems to have been set at $770.00 for SVB Finl Gr. For the second quarter, SVB Finl Gr had an EPS of $9.09, compared to year-ago quarter EPS of $4.42. At the moment, the stock has a 52-week-high of $677.14 and a 52-week-low of $236.06. SVB Finl Gr closed at $646.88 at the end of the last trading period.
  • Jefferies initiated coverage on International Business Machines Corp IBM with a Buy rating. The price target for IBM is set to $170.00. IBM earned $2.33 in the second quarter, compared to $2.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $152.84 and a 52-week-low of $105.92. IBM closed at $138.93 at the end of the last trading period.
  • With a Hold rating, Jefferies initiated coverage on Qualcomm Inc QCOM. The price target seems to have been set at $137.00 for Qualcomm. For the third quarter, Qualcomm had an EPS of $1.92, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $167.94 and a 52-week-low of $115.43. Qualcomm closed at $128.98 at the end of the last trading period.
  • With an Overweight rating, Piper Sandler initiated coverage on Livent Corp LTHM. The price target seems to have been set at $29.00 for Livent. For the second quarter, Livent had an EPS of $0.04, compared to year-ago quarter EPS of $0.00. The stock has a 52-week-high of $27.27 and a 52-week-low of $8.52. At the end of the last trading period, Livent closed at $23.11.
  • With an Outperform rating, RBC Capital initiated coverage on Snap Inc SNAP. The price target seems to have been set at $88.00 for Snap. For the second quarter, Snap had an EPS of $0.10, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $83.34 and a 52-week-low of $25.82. At the end of the last trading period, Snap closed at $73.87.
  • With an Outperform rating, RBC Capital initiated coverage on Facebook Inc FB. The price target seems to have been set at $425.00 for Facebook. For the second quarter, Facebook had an EPS of $3.61, compared to year-ago quarter EPS of $1.80. The stock has a 52-week-high of $384.33 and a 52-week-low of $244.61. At the end of the last trading period, Facebook closed at $339.39.
  • With an Outperform rating, BMO Capital initiated coverage on Enphase Energy Inc ENPH. The price target seems to have been set at $200.00 for Enphase Energy. In the second quarter, Enphase Energy showed an EPS of $0.53, compared to $0.17 from the year-ago quarter. The stock has a 52-week-high of $229.04 and a 52-week-low of $81.27. At the end of the last trading period, Enphase Energy closed at $149.97.
  • BMO Capital initiated coverage on Sunrun Inc RUN with an Outperform rating. The price target for Sunrun is set to $65.00. For the second quarter, Sunrun had an EPS of $0.20, compared to year-ago quarter EPS of $0.11. The current stock performance of Sunrun shows a 52-week-high of $100.93 and a 52-week-low of $37.42. Moreover, at the end of the last trading period, the closing price was at $44.00.
  • With a Buy rating, Loop Capital initiated coverage on PLBY Group Inc PLBY. The price target seems to have been set at $29.00 for PLBY Group. Interestingly, in the second quarter, PLBY Group's EPS was $0.24. At the moment, the stock has a 52-week-high of $63.04 and a 52-week-low of $11.02. PLBY Group closed at $23.57 at the end of the last trading period.
  • With an Outperform rating, BMO Capital initiated coverage on SolarEdge Technologies Inc SEDG. The price target seems to have been set at $357.00 for SolarEdge Technologies. In the second quarter, SolarEdge Technologies showed an EPS of $1.28, compared to $0.97 from the year-ago quarter. At the moment, the stock has a 52-week-high of $377.00 and a 52-week-low of $190.10. SolarEdge Technologies closed at $265.22 at the end of the last trading period.
  • With a Market Perform rating, BMO Capital initiated coverage on Plug Power Inc PLUG. The price target seems to have been set at $30.00 for Plug Power. Plug Power earned $0.18 in the second quarter, compared to $0.03 in the year-ago quarter. The current stock performance of Plug Power shows a 52-week-high of $75.49 and a 52-week-low of $12.87. Moreover, at the end of the last trading period, the closing price was at $25.54.
  • BMO Capital initiated coverage on Bloom Energy Corp BE with a Market Perform rating. The price target for Bloom Energy is set to $22.00. In the second quarter, Bloom Energy showed an EPS of $0.23, compared to $0.23 from the year-ago quarter. 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 $18.72.
  • BMO Capital initiated coverage on Sunnova Energy International Inc NOVA with an Outperform rating. The price target for Sunnova Energy Intl is set to $50.00. Sunnova Energy Intl earned $0.57 in the second quarter, compared to $0.30 in the year-ago quarter. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $57.70 and a 52-week-low of $23.65. Moreover, at the end of the last trading period, the closing price was at $32.94.
  • Jefferies initiated coverage on PetMed Express Inc PETS with a Hold rating. The price target for PetMed Express is set to $28.00. PetMed Express earned $0.25 in the first quarter, compared to $0.39 in the year-ago quarter. The current stock performance of PetMed Express shows a 52-week-high of $57.00 and a 52-week-low of $24.75. Moreover, at the end of the last trading period, the closing price was at $26.87.
  • For Alcon Inc ALC, Oppenheimer initiated coverage, by setting the current rating at Perform. For the second quarter, Alcon had an EPS of $0.56, compared to year-ago quarter EPS of $0.21. The current stock performance of Alcon shows a 52-week-high of $87.49 and a 52-week-low of $55.87. Moreover, at the end of the last trading period, the closing price was at $80.47.
  • With an Outperform rating, RBC Capital initiated coverage on Amazon.com Inc AMZN. The price target seems to have been set at $4150.00 for Amazon.com. In the second quarter, Amazon.com showed an EPS of $15.12, compared to $10.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3773.08 and a 52-week-low of $2881.00. Amazon.com closed at $3285.04 at the end of the last trading period.
  • RBC Capital initiated coverage on Alphabet Inc GOOGL with an Outperform rating. The price target for Alphabet is set to $3400.00. For the second quarter, Alphabet had an EPS of $27.26, compared to year-ago quarter EPS of $10.13. At the moment, the stock has a 52-week-high of $2925.07 and a 52-week-low of $1433.23. Alphabet closed at $2673.52 at the end of the last trading period.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings