Benzinga's Top Ratings Upgrades, Downgrades For October 8, 2021

Benzinga's Top Ratings Upgrades, Downgrades For October 8, 2021

Upgrades

UBS upgraded the previous rating for Northern Trust Corp NTRS from Neutral to Buy. Northern Trust earned $1.79 in the second quarter, compared to $1.46 in the year-ago quarter. The stock has a 52-week-high of $123.10 and a 52-week-low of $76.20. At the end of the last trading period, Northern Trust closed at $112.95.

According to Barclays, the prior rating for Plug Power Inc PLUG was changed from Underweight to Equal-Weight. 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 $13.69. Moreover, at the end of the last trading period, the closing price was at $26.09.

According to JP Morgan, the prior rating for Hormel Foods Corp HRL was changed from Underweight to Neutral. Hormel Foods earned $0.39 in the third quarter, compared to $0.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.51 and a 52-week-low of $40.48. Hormel Foods closed at $41.34 at the end of the last trading period.

According to JP Morgan, the prior rating for Oatly Group AB OTLY was changed from Neutral to Overweight. Interestingly, in the second quarter, Oatly Group's EPS was $0.11. The current stock performance of Oatly Group shows a 52-week-high of $29.00 and a 52-week-low of $12.84. Moreover, at the end of the last trading period, the closing price was at $14.73.

According to JP Morgan, the prior rating for Union Pacific Corp UNP was changed from Neutral to Overweight. Union Pacific earned $2.72 in the second quarter, compared to $1.67 in the year-ago quarter. The current stock performance of Union Pacific shows a 52-week-high of $231.26 and a 52-week-low of $171.50. Moreover, at the end of the last trading period, the closing price was at $211.88.

UBS upgraded the previous rating for Daimler AG DDAIF from Neutral to Buy. Daimler earned $4.05 in the second quarter, compared to $2.06 in the year-ago quarter. The current stock performance of Daimler shows a 52-week-high of $98.00 and a 52-week-low of $51.32. Moreover, at the end of the last trading period, the closing price was at $90.67.

According to Keybanc, the prior rating for Lexington Realty Trust LXP was changed from Sector Weight to Overweight. For the second quarter, Lexington Realty had an EPS of $0.18, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $14.10 and a 52-week-low of $9.82. At the end of the last trading period, Lexington Realty closed at $13.79.

See all analyst ratings upgrades.

Downgrades

According to B of A Securities, the prior rating for First Hawaiian Inc FHB was changed from Neutral to Underperform. First Hawaiian earned $0.68 in the second quarter, compared to $0.16 in the year-ago quarter. The current stock performance of First Hawaiian shows a 52-week-high of $30.80 and a 52-week-low of $15.11. Moreover, at the end of the last trading period, the closing price was at $29.53.

Citigroup downgraded the previous rating for Meredith Corp MDP from Buy to Neutral. For the fourth quarter, Meredith had an EPS of $1.11, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $58.83 and a 52-week-low of $10.75. At the end of the last trading period, Meredith closed at $58.08.

Loop Capital downgraded the previous rating for The Home Depot Inc HD from Buy to Hold. Home Depot earned $4.53 in the second quarter, compared to $4.02 in the year-ago quarter. The current stock performance of Home Depot shows a 52-week-high of $345.69 and a 52-week-low of $246.59. Moreover, at the end of the last trading period, the closing price was at $337.48.

Loop Capital downgraded the previous rating for Lowe's Companies Inc LOW from Buy to Hold. In the second quarter, Lowe's Companies showed an EPS of $4.25, compared to $3.75 from the year-ago quarter. The stock has a 52-week-high of $215.22 and a 52-week-low of $146.72. At the end of the last trading period, Lowe's Companies closed at $207.90.

Baird downgraded the previous rating for Cellectis SA CLLS from Outperform to Neutral. For the second quarter, Cellectis had an EPS of $0.80, compared to year-ago quarter EPS of $0.68. The current stock performance of Cellectis shows a 52-week-high of $34.71 and a 52-week-low of $11.83. Moreover, at the end of the last trading period, the closing price was at $12.02.

According to Stifel, the prior rating for Allogene Therapeutics Inc ALLO was changed from Buy to Hold. In the second quarter, Allogene Therapeutics showed an EPS of $0.53, compared to $0.53 from the year-ago quarter. The stock has a 52-week-high of $44.92 and a 52-week-low of $20.58. At the end of the last trading period, Allogene Therapeutics closed at $24.38.

According to Wells Fargo, the prior rating for Charter Communications Inc CHTR was changed from Overweight to Underweight. In the second quarter, Charter Communications showed an EPS of $5.29, compared to $3.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $825.62 and a 52-week-low of $572.46. Charter Communications closed at $741.95 at the end of the last trading period.

According to Wells Fargo, the prior rating for Cable One Inc CABO was changed from Overweight to Equal-Weight. In the second quarter, Cable One showed an EPS of $16.68, compared to $10.63 from the year-ago quarter. The current stock performance of Cable One shows a 52-week-high of $2326.80 and a 52-week-low of $1674.35. Moreover, at the end of the last trading period, the closing price was at $1834.31.

Wells Fargo downgraded the previous rating for Fastenal Co FAST from Equal-Weight to Underweight. In the second quarter, Fastenal showed an EPS of $0.42, compared to $0.42 from the year-ago quarter. The current stock performance of Fastenal shows a 52-week-high of $56.39 and a 52-week-low of $42.57. Moreover, at the end of the last trading period, the closing price was at $52.72.

For Allogene Therapeutics Inc ALLO, Goldman Sachs downgraded the previous rating of Buy to Neutral. Allogene Therapeutics earned $0.53 in the second quarter, compared to $0.53 in the year-ago quarter. The stock has a 52-week-high of $44.92 and a 52-week-low of $20.58. At the end of the last trading period, Allogene Therapeutics closed at $24.38.

According to JP Morgan, the prior rating for Sirius XM Holdings Inc SIRI was changed from Overweight to Neutral. In the second quarter, Sirius XM Holdings showed an EPS of $0.07, compared to $0.06 from the year-ago quarter. The current stock performance of Sirius XM Holdings shows a 52-week-high of $8.14 and a 52-week-low of $5.67. Moreover, at the end of the last trading period, the closing price was at $6.29.

According to JP Morgan, the prior rating for JB Hunt Transport Services Inc JBHT was changed from Neutral to Underweight. In the second quarter, JB Hunt Transport Servs showed an EPS of $1.61, compared to $1.14 from the year-ago quarter. The current stock performance of JB Hunt Transport Servs shows a 52-week-high of $184.38 and a 52-week-low of $119.22. Moreover, at the end of the last trading period, the closing price was at $173.05.

According to JP Morgan, the prior rating for Omeros Corp OMER was changed from Neutral to Underweight. Omeros earned $0.46 in the second quarter, compared to $0.61 in the year-ago quarter. The stock has a 52-week-high of $23.85 and a 52-week-low of $6.59. At the end of the last trading period, Omeros closed at $7.43.

According to JP Morgan, the prior rating for Conagra Brands Inc CAG was changed from Overweight to Neutral. Conagra Brands earned $0.50 in the first quarter, compared to $0.70 in the year-ago quarter. At the moment, the stock has a 52-week-high of $39.09 and a 52-week-low of $32.25. Conagra Brands closed at $34.22 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Baird initiated coverage on Omega Healthcare Investors Inc OHI with an Outperform rating. The price target for Omega Healthcare is set to $36.00. In the second quarter, Omega Healthcare showed an EPS of $0.74, compared to $0.80 from the year-ago quarter. The current stock performance of Omega Healthcare shows a 52-week-high of $39.31 and a 52-week-low of $28.08. Moreover, at the end of the last trading period, the closing price was at $29.76.

BTIG initiated coverage on Sema4 Holdings Corp SMFR with a Buy rating. The price target for Sema4 Holdings is set to $12.00. Sema4 Holdings earned $0.00 in the second quarter. The current stock performance of Sema4 Holdings 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 $7.88.

Roth Capital initiated coverage on AquaBounty Technologies Inc AQB with a Buy rating. The price target for AquaBounty Technologies is set to $6.00. For the second quarter, AquaBounty Technologies had an EPS of $0.07, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $13.32 and a 52-week-low of $3.52. AquaBounty Technologies closed at $3.78 at the end of the last trading period.

Roth Capital initiated coverage on Bioceres Crop Solutions Corp BIOX with a Buy rating. The price target for Bioceres Crop Solutions is set to $21.00. In the fourth quarter, Bioceres Crop Solutions showed an EPS of No EPS Value , compared to $0.05 from the year-ago quarter. The current stock performance of Bioceres Crop Solutions shows a 52-week-high of $17.94 and a 52-week-low of $5.11. Moreover, at the end of the last trading period, the closing price was at $13.14.

Roth Capital initiated coverage on Corteva Inc CTVA with a Buy rating. The price target for Corteva is set to $53.00. In the second quarter, Corteva showed an EPS of $1.40, compared to $1.26 from the year-ago quarter. The current stock performance of Corteva shows a 52-week-high of $49.98 and a 52-week-low of $30.37. Moreover, at the end of the last trading period, the closing price was at $42.49.

Roth Capital initiated coverage on Evogene Ltd EVGN with a Buy rating. The price target for Evogene is set to $7.00. Evogene earned $0.15 in the second quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $10.24 and a 52-week-low of $2.38. At the end of the last trading period, Evogene closed at $2.54.

With a Buy rating, Maxim Group initiated coverage on Reshape Lifesciences Inc RSLS. The price target seems to have been set at $8.00 for Reshape Lifesciences. In the second quarter, Reshape Lifesciences earned $0.15. The stock has a 52-week-high of $9.50 and a 52-week-low of $2.42. At the end of the last trading period, Reshape Lifesciences closed at $2.48.

Daiwa Capital initiated coverage on Dingdong (Cayman) Ltd DDL with a Buy rating. Dingdong (Cayman) earned $6.98 in the second quarter. At the moment, the stock has a 52-week-high of $46.00 and a 52-week-low of $17.30. Dingdong (Cayman) closed at $24.11 at the end of the last trading period.

Canaccord Genuity initiated coverage on Celcuity Inc CELC with a Buy rating. The price target for Celcuity is set to $50.00. In the second quarter, Celcuity showed an EPS of $0.66, compared to $0.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $33.01 and a 52-week-low of $5.10. Celcuity closed at $16.95 at the end of the last trading period.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Insmed Inc INSM. The price target seems to have been set at $60.00 for Insmed. For the second quarter, Insmed had an EPS of $0.91, compared to year-ago quarter EPS of $0.64. At the moment, the stock has a 52-week-high of $45.44 and a 52-week-low of $22.00. Insmed closed at $27.61 at the end of the last trading period.

With an Overweight rating, Piper Sandler initiated coverage on William Penn Bancorporation WMPN. The price target seems to have been set at $14.50 for William Penn. The stock has a 52-week-high of $38.00 and a 52-week-low of $11.15. At the end of the last trading period, William Penn closed at $12.18.

Deutsche Bank initiated coverage on Corning Inc GLW with a Buy rating. The price target for Corning is set to $45.00. For the second quarter, Corning had an EPS of $0.53, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $46.82 and a 52-week-low of $31.28. Corning closed at $36.94 at the end of the last trading period.

With a Buy rating, Deutsche Bank initiated coverage on OneMain Holdings Inc OMF. The price target seems to have been set at $75.00 for OneMain Holdings. OneMain Holdings earned $2.66 in the second quarter, compared to $0.80 in the year-ago quarter. The current stock performance of OneMain Holdings shows a 52-week-high of $63.19 and a 52-week-low of $34.24. Moreover, at the end of the last trading period, the closing price was at $57.10.

Wells Fargo initiated coverage on General Electric Co GE with a Equal-Weight rating. The price target for General Electric is set to $107.00. In the second quarter, General Electric showed an EPS of $0.40, compared to $1.20 from the year-ago quarter. The stock has a 52-week-high of $107.36 and a 52-week-low of $6.21. At the end of the last trading period, General Electric closed at $105.51.

Wells Fargo initiated coverage on Emerson Electric Co EMR with a Equal-Weight rating. The price target for Emerson Electric is set to $99.00. In the third quarter, Emerson Electric showed an EPS of $1.09, compared to $0.80 from the year-ago quarter. The stock has a 52-week-high of $105.99 and a 52-week-low of $63.65. At the end of the last trading period, Emerson Electric closed at $97.34.

Wells Fargo initiated coverage on Eaton Corp PLC ETN with a Equal-Weight rating. The price target for Eaton Corp is set to $159.00. In the second quarter, Eaton Corp showed an EPS of $1.72, compared to $0.70 from the year-ago quarter. At the moment, the stock has a 52-week-high of $171.32 and a 52-week-low of $101.52. Eaton Corp closed at $153.92 at the end of the last trading period.

Wells Fargo initiated coverage on Fortive Corp FTV with a Equal-Weight rating. The price target for Fortive is set to $72.00. In the second quarter, Fortive showed an EPS of $0.66, compared to $0.68 from the year-ago quarter. The current stock performance of Fortive shows a 52-week-high of $82.12 and a 52-week-low of $60.82. Moreover, at the end of the last trading period, the closing price was at $71.43.

Wells Fargo initiated coverage on Lennox International Inc LII with a Equal-Weight rating. The price target for Lennox International is set to $310.00. Lennox International earned $4.57 in the second quarter, compared to $2.97 in the year-ago quarter. At the moment, the stock has a 52-week-high of $356.36 and a 52-week-low of $266.77. Lennox International closed at $303.97 at the end of the last trading period.

Wells Fargo initiated coverage on Hubbell Inc HUBB with a Equal-Weight rating. The price target for Hubbell is set to $192.00. In the second quarter, Hubbell showed an EPS of $2.36, compared to $1.87 from the year-ago quarter. The stock has a 52-week-high of $209.65 and a 52-week-low of $140.13. At the end of the last trading period, Hubbell closed at $183.87.

Baird initiated coverage on CareTrust REIT Inc CTRE with an Outperform rating. The price target for CareTrust REIT is set to $23.00. CareTrust REIT earned $0.37 in the second quarter, compared to $0.34 in the year-ago quarter. The current stock performance of CareTrust REIT shows a 52-week-high of $24.89 and a 52-week-low of $16.61. Moreover, at the end of the last trading period, the closing price was at $20.26.

Deutsche Bank initiated coverage on Denny's Corp DENN with a Hold rating. The price target for Denny's is set to $17.00. In the second quarter, Denny's showed an EPS of $0.18, compared to $0.25 from the year-ago quarter. The current stock performance of Denny's shows a 52-week-high of $20.02 and a 52-week-low of $8.54. Moreover, at the end of the last trading period, the closing price was at $16.40.

Wells Fargo initiated coverage on Johnson Controls International PLC JCI with an Overweight rating. The price target for Johnson Controls Intl is set to $82.00. In the third quarter, Johnson Controls Intl showed an EPS of $0.83, compared to $0.67 from the year-ago quarter. The current stock performance of Johnson Controls Intl shows a 52-week-high of $76.83 and a 52-week-low of $40.92. Moreover, at the end of the last trading period, the closing price was at $70.29.

Wells Fargo initiated coverage on Allegion PLC ALLE with an Overweight rating. The price target for Allegion is set to $159.00. Allegion earned $1.32 in the second quarter, compared to $0.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $148.69 and a 52-week-low of $95.67. Allegion closed at $131.54 at the end of the last trading period.

Wells Fargo initiated coverage on Rockwell Automation Inc ROK with an Underweight rating. The price target for Rockwell Automation is set to $256.00. Rockwell Automation earned $2.31 in the third quarter, compared to $1.27 in the year-ago quarter. The current stock performance of Rockwell Automation shows a 52-week-high of $327.20 and a 52-week-low of $230.69. Moreover, at the end of the last trading period, the closing price was at $304.84.

Wells Fargo initiated coverage on Parker Hannifin Corp PH with an Overweight rating. The price target for Parker Hannifin is set to $337.00. Parker Hannifin earned $4.38 in the fourth quarter, compared to $2.55 in the year-ago quarter. The current stock performance of Parker Hannifin shows a 52-week-high of $324.68 and a 52-week-low of $200.03. Moreover, at the end of the last trading period, the closing price was at $289.76.

With a Buy rating, Stifel initiated coverage on The Beauty Health Co SKIN. The price target seems to have been set at $33.00 for Beauty Health. In the second quarter, Beauty Health earned $1.52. The stock has a 52-week-high of $28.62 and a 52-week-low of $11.12. At the end of the last trading period, Beauty Health closed at $26.72.

With an Overweight rating, Wells Fargo initiated coverage on Stanley Black & Decker Inc SWK. The price target seems to have been set at $227.00 for Stanley Black & Decker. In the second quarter, Stanley Black & Decker showed an EPS of $3.08, compared to $1.60 from the year-ago quarter. The stock has a 52-week-high of $225.00 and a 52-week-low of $161.80. At the end of the last trading period, Stanley Black & Decker closed at $177.61.

Wells Fargo initiated coverage on Trane Technologies PLC TT with an Underweight rating. The price target for Trane Technologies is set to $163.00. Trane Technologies earned $1.92 in the second quarter, compared to $1.27 in the year-ago quarter. The stock has a 52-week-high of $207.06 and a 52-week-low of $123.08. At the end of the last trading period, Trane Technologies closed at $177.21.

With an Underweight rating, Wells Fargo initiated coverage on Otis Worldwide Corp OTIS. The price target seems to have been set at $72.00 for Otis Worldwide. In the second quarter, Otis Worldwide showed an EPS of $0.79, compared to $0.56 from the year-ago quarter. The stock has a 52-week-high of $92.84 and a 52-week-low of $58.77. At the end of the last trading period, Otis Worldwide closed at $84.38.

With an Underweight rating, Wells Fargo initiated coverage on Dover Corp DOV. The price target seems to have been set at $152.00 for Dover. Dover earned $2.06 in the second quarter, compared to $1.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $176.46 and a 52-week-low of $108.00. Dover closed at $159.80 at the end of the last trading period.

Oppenheimer initiated coverage on Desktop Metal Inc DM with a Perform rating. Desktop Metal earned $0.08 in the second quarter. The stock has a 52-week-high of $34.94 and a 52-week-low of $6.70. At the end of the last trading period, Desktop Metal closed at $7.19.

Oppenheimer initiated coverage on Barings BDC Inc BBDC with an Outperform rating. The price target for Barings BDC is set to $12.00. In the second quarter, Barings BDC showed an EPS of $0.22, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $11.15 and a 52-week-low of $7.41. Barings BDC closed at $10.97 at the end of the last trading period.

With a Equal-Weight rating, Wells Fargo initiated coverage on Carrier Global Corp CARR. The price target seems to have been set at $51.00 for Carrier Global. For the second quarter, Carrier Global had an EPS of $0.64, compared to year-ago quarter EPS of $0.33. The current stock performance of Carrier Global shows a 52-week-high of $58.89 and a 52-week-low of $31.63. Moreover, at the end of the last trading period, the closing price was at $53.35.

Wells Fargo initiated coverage on Ingersoll Rand Inc IR with a Equal-Weight rating. The price target for Ingersoll Rand is set to $54.00. For the second quarter, Ingersoll Rand had an EPS of $0.46, compared to year-ago quarter EPS of $0.31. The current stock performance of Ingersoll Rand shows a 52-week-high of $55.62 and a 52-week-low of $34.37. Moreover, at the end of the last trading period, the closing price was at $51.70.

With a Equal-Weight rating, Wells Fargo initiated coverage on 3M Co MMM. The price target seems to have been set at $179.00 for 3M. For the second quarter, 3M had an EPS of $2.59, compared to year-ago quarter EPS of $1.78. At the moment, the stock has a 52-week-high of $208.95 and a 52-week-low of $156.13. 3M closed at $177.80 at the end of the last trading period.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings