Benzinga's Top Ratings Upgrades, Downgrades For October 22, 2021

Upgrades

• For DMC Global Inc BOOM, Roth Capital upgraded the previous rating of Neutral to Buy. DMC Glb earned $0.02 in the third quarter, compared to $0.08 in the year-ago quarter. At the moment, the stock has a 52-week-high of $70.00 and a 52-week-low of $32.52. DMC Glb closed at $39.23 at the end of the last trading period.
• For Equifax Inc EFX, Argus Research upgraded the previous rating of Hold to Buy. In the third quarter, Equifax showed an EPS of $1.85, compared to $1.87 from the year-ago quarter. The current stock performance of Equifax shows a 52-week-high of $279.59 and a 52-week-low of $135.98. Moreover, at the end of the last trading period, the closing price was at $255.47.
• For Invitation Homes Inc INVH, BTIG upgraded the previous rating of Neutral to Buy. In the second quarter, Invitation Homes showed an EPS of $0.37, compared to $0.32 from the year-ago quarter. The stock has a 52-week-high of $42.48 and a 52-week-low of $26.87. At the end of the last trading period, Invitation Homes closed at $40.30.
• According to BTIG, the prior rating for American Homes 4 Rent AMH was changed from Neutral to Buy. In the second quarter, American Homes 4 Rent showed an EPS of $0.33, compared to $0.27 from the year-ago quarter. The stock has a 52-week-high of $42.61 and a 52-week-low of $27.71. At the end of the last trading period, American Homes 4 Rent closed at $39.57.
• According to Raymond James, the prior rating for Marsh & McLennan Companies Inc MMC was changed from Underperform to Outperform. For the third quarter, Marsh & McLennan had an EPS of $1.08, compared to year-ago quarter EPS of $0.82. At the moment, the stock has a 52-week-high of $168.90 and a 52-week-low of $102.11. Marsh & McLennan closed at $168.43 at the end of the last trading period.
• For Invesco Ltd IVZ, Evercore ISI Group upgraded the previous rating of Underperform to In-Line. For the second quarter, Invesco had an EPS of $0.78, compared to year-ago quarter EPS of $0.35. The current stock performance of Invesco shows a 52-week-high of $29.71 and a 52-week-low of $12.74. Moreover, at the end of the last trading period, the closing price was at $25.00.
• For Lindsay Corp LNN, Stifel upgraded the previous rating of Hold to Buy. Lindsay earned $0.53 in the fourth quarter, compared to $1.35 in the year-ago quarter. The stock has a 52-week-high of $179.26 and a 52-week-low of $103.17. At the end of the last trading period, Lindsay closed at $145.02.
• For GasLog Partners LP GLOP, Jefferies upgraded the previous rating of Hold to Buy. For the second quarter, GasLog Partners had an EPS of $0.10, compared to year-ago quarter EPS of $0.38. The current stock performance of GasLog Partners shows a 52-week-high of $5.93 and a 52-week-low of $2.10. Moreover, at the end of the last trading period, the closing price was at $4.54.
• According to RBC Capital, the prior rating for Tri Pointe Homes Inc TPH was changed from Underperform to Sector Perform. For the third quarter, Tri Pointe Homes had an EPS of $1.17, compared to year-ago quarter EPS of $0.63. At the moment, the stock has a 52-week-high of $26.35 and a 52-week-low of $16.14. Tri Pointe Homes closed at $23.93 at the end of the last trading period.
• For Coterra Energy Inc CTRA, Goldman Sachs upgraded the previous rating of Neutral to Buy. The stock has a 52-week-high of $14.37 and a 52-week-low of $6.37. At the end of the last trading period, Coterra Energy closed at $20.78.
• JP Morgan upgraded the previous rating for Zoom Video Communications Inc ZM from Neutral to Overweight. In the second quarter, Zoom Video Communications showed an EPS of $1.36, compared to $0.92 from the year-ago quarter. The current stock performance of Zoom Video Communications shows a 52-week-high of $553.86 and a 52-week-low of $250.11. Moreover, at the end of the last trading period, the closing price was at $274.78.

See all analyst ratings upgrades.

Downgrades

• For Southwest Airlines Co LUV, Evercore ISI Group downgraded the previous rating of Outperform to In-Line. Southwest Airlines earned $0.23 in the third quarter, compared to $1.99 in the year-ago quarter. The current stock performance of Southwest Airlines shows a 52-week-high of $64.75 and a 52-week-low of $37.48. Moreover, at the end of the last trading period, the closing price was at $48.66.
• According to B. Riley Securities, the prior rating for TriState Capital Holdings Inc TSC was changed from Buy to Neutral. TriState Capital Holdings earned $0.44 in the third quarter, compared to $0.26 in the year-ago quarter. At the moment, the stock has a 52-week-high of $31.19 and a 52-week-low of $12.09. TriState Capital Holdings closed at $31.00 at the end of the last trading period.
• For Alamos Gold Inc AGI, National Bank Of Canada downgraded the previous rating of Outperform to Sector Perform. In the second quarter, Alamos Gold showed an EPS of $0.10, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of $10.21 and a 52-week-low of $6.94. At the end of the last trading period, Alamos Gold closed at $8.02.
• Mizuho downgraded the previous rating for Intel Corp INTC from Buy to Neutral. For the third quarter, Intel had an EPS of $1.71, compared to year-ago quarter EPS of $1.11. The current stock performance of Intel shows a 52-week-high of $68.49 and a 52-week-low of $43.61. Moreover, at the end of the last trading period, the closing price was at $56.00.
• Morgan Stanley downgraded the previous rating for Intel Corp INTC from Overweight to Equal-Weight. In the third quarter, Intel showed an EPS of $1.71, compared to $1.11 from the year-ago quarter. The current stock performance of Intel shows a 52-week-high of $68.49 and a 52-week-low of $43.61. Moreover, at the end of the last trading period, the closing price was at $56.00.
• According to HC Wainwright & Co., the prior rating for Metacrine Inc MTCR was changed from Buy to Neutral. In the second quarter, Metacrine earned $0.59. The stock has a 52-week-high of $11.00 and a 52-week-low of $2.59. At the end of the last trading period, Metacrine closed at $3.83.
• Evercore ISI Group downgraded the previous rating for T. Rowe Price Group Inc TROW from Outperform to In-Line. For the second quarter, T. Rowe Price Gr had an EPS of $3.31, compared to year-ago quarter EPS of $2.29. The stock has a 52-week-high of $224.56 and a 52-week-low of $124.94. At the end of the last trading period, T. Rowe Price Gr closed at $204.62.
• According to B of A Securities, the prior rating for U.S. Xpress Enterprises Inc USX was changed from Neutral to Underperform. For the third quarter, U.S. Xpress Enterprises had an EPS of $0.07, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $12.33 and a 52-week-low of $6.18. U.S. Xpress Enterprises closed at $9.29 at the end of the last trading period.
• For Intel Corp INTC, UBS downgraded the previous rating of Buy to Neutral. Intel earned $1.71 in the third quarter, compared to $1.11 in the year-ago quarter. The stock has a 52-week-high of $68.49 and a 52-week-low of $43.61. At the end of the last trading period, Intel closed at $56.00.
• Piper Sandler downgraded the previous rating for Ally Financial Inc ALLY from Overweight to Neutral. In the third quarter, Ally Financial showed an EPS of $2.16, compared to $1.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $56.61 and a 52-week-low of $25.86. Ally Financial closed at $52.97 at the end of the last trading period.
• According to JP Morgan, the prior rating for PPG Industries Inc PPG was changed from Overweight to Neutral. PPG Industries earned $1.69 in the third quarter, compared to $1.93 in the year-ago quarter. The stock has a 52-week-high of $182.97 and a 52-week-low of $123.52. At the end of the last trading period, PPG Industries closed at $165.00.
• For BankUnited Inc BKU, Piper Sandler downgraded the previous rating of Overweight to Neutral. For the third quarter, BankUnited had an EPS of $0.94, compared to year-ago quarter EPS of $0.70. At the moment, the stock has a 52-week-high of $50.70 and a 52-week-low of $23.30. BankUnited closed at $42.40 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

• For TPI Composites Inc TPIC, Guggenheim initiated coverage, by setting the current rating at Neutral. In the second quarter, TPI Composites showed an EPS of $1.08, compared to $1.87 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.36 and a 52-week-low of $30.45. TPI Composites closed at $33.78 at the end of the last trading period.
• With a Buy rating, Guggenheim initiated coverage on Porch Group Inc PRCH. The price target seems to have been set at $23.00 for Porch Group. In the second quarter, Porch Group earned $0.26. The current stock performance of Porch Group shows a 52-week-high of $24.41 and a 52-week-low of $11.73. Moreover, at the end of the last trading period, the closing price was at $17.12.
• With an Overweight rating, JP Morgan initiated coverage on Agora Inc API. The price target seems to have been set at $33.00 for Agora. In the second quarter, Agora showed an EPS of $0.05, compared to $4.60 from the year-ago quarter. The current stock performance of Agora shows a 52-week-high of $114.97 and a 52-week-low of $24.29. Moreover, at the end of the last trading period, the closing price was at $28.13.
• Needham initiated coverage on Global E Online Ltd GLBE with a Buy rating. The price target for Global E Online is set to $75.00. Interestingly, in the second quarter, Global E Online's EPS was $0.04. The stock has a 52-week-high of $83.77 and a 52-week-low of $24.22. At the end of the last trading period, Global E Online closed at $66.38.
• With a Equal-Weight rating, Wells Fargo initiated coverage on Cinemark Holdings Inc CNK. The price target seems to have been set at $22.00 for Cinemark Hldgs. In the second quarter, Cinemark Hldgs showed an EPS of $1.19, compared to $1.27 from the year-ago quarter. The current stock performance of Cinemark Hldgs shows a 52-week-high of $27.84 and a 52-week-low of $7.92. Moreover, at the end of the last trading period, the closing price was at $19.79.
• Wells Fargo initiated coverage on Imax Corp IMAX with an Overweight rating. The price target for Imax is set to $27.00. Imax earned $0.12 in the second quarter, compared to $0.44 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.05 and a 52-week-low of $10.76. Imax closed at $20.55 at the end of the last trading period.
• With an Overweight rating, JP Morgan initiated coverage on Progress Software Corp PRGS. The price target seems to have been set at $60.00 for Progress Software. For the third quarter, Progress Software had an EPS of $1.18, compared to year-ago quarter EPS of $0.78. The stock has a 52-week-high of $53.86 and a 52-week-low of $35.63. At the end of the last trading period, Progress Software closed at $50.65.
• With a Hold rating, Deutsche Bank initiated coverage on BioNTech SE BNTX. The price target seems to have been set at $250.00 for BioNTech. BioNTech earned $12.97 in the second quarter, compared to $0.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $464.00 and a 52-week-low of $75.34. BioNTech closed at $286.36 at the end of the last trading period.
• With a Hold rating, Deutsche Bank initiated coverage on CureVac NV CVAC. The price target seems to have been set at $35.00 for CureVac. At the moment, the stock has a 52-week-high of $151.80 and a 52-week-low of $37.54. CureVac closed at $40.18 at the end of the last trading period.
• With a Sell rating, Deutsche Bank initiated coverage on Moderna Inc MRNA. The price target seems to have been set at $250.00 for Moderna. For the second quarter, Moderna had an EPS of $6.46, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $497.49 and a 52-week-low of $65.49. At the end of the last trading period, Moderna closed at $339.57.
• RBC Capital initiated coverage on Boeing Co BA with an Outperform rating. The price target for Boeing is set to $275.00. For the second quarter, Boeing had an EPS of $0.40, compared to year-ago quarter EPS of $4.79. The stock has a 52-week-high of $278.57 and a 52-week-low of $141.58. At the end of the last trading period, Boeing closed at $214.34.
• RBC Capital initiated coverage on AAR Corp AIR with an Outperform rating. The price target for AAR is set to $45.00. For the first quarter, AAR had an EPS of $0.52, compared to year-ago quarter EPS of $0.17. At the moment, the stock has a 52-week-high of $45.49 and a 52-week-low of $18.22. AAR closed at $33.85 at the end of the last trading period.
• With an Outperform rating, RBC Capital initiated coverage on Ducommun Inc DCO. The price target seems to have been set at $62.00 for Ducommun. Ducommun earned $0.74 in the second quarter, compared to $0.48 in the year-ago quarter. The current stock performance of Ducommun shows a 52-week-high of $65.40 and a 52-week-low of $31.36. Moreover, at the end of the last trading period, the closing price was at $48.64.
• With an Outperform rating, RBC Capital initiated coverage on Spirit AeroSystems Holdings Inc SPR. The price target seems to have been set at $62.00 for Spirit AeroSystems Hldgs. For the second quarter, Spirit AeroSystems Hldgs had an EPS of $0.31, compared to year-ago quarter EPS of $2.28. At the moment, the stock has a 52-week-high of $53.63 and a 52-week-low of $17.71. Spirit AeroSystems Hldgs closed at $43.21 at the end of the last trading period.
• With an Outperform rating, RBC Capital initiated coverage on TransDigm Group Inc TDG. The price target seems to have been set at $700.00 for TransDigm Gr. TransDigm Gr earned $3.33 in the third quarter, compared to $1.54 in the year-ago quarter. At the moment, the stock has a 52-week-high of $688.03 and a 52-week-low of $453.76. TransDigm Gr closed at $650.00 at the end of the last trading period.
• With an Outperform rating, RBC Capital initiated coverage on VSE Corp VSEC. The price target seems to have been set at $60.00 for VSE. For the second quarter, VSE had an EPS of $0.60, compared to year-ago quarter EPS of $0.60. The stock has a 52-week-high of $53.44 and a 52-week-low of $27.50. At the end of the last trading period, VSE closed at $48.33.
• With a Sector Perform rating, RBC Capital initiated coverage on AeroVironment Inc AVAV. The price target seems to have been set at $95.00 for AeroVironment. For the first quarter, AeroVironment had an EPS of $0.17, compared to year-ago quarter EPS of $0.44. The stock has a 52-week-high of $143.72 and a 52-week-low of $74.10. At the end of the last trading period, AeroVironment closed at $92.87.
• RBC Capital initiated coverage on Heico Corp HEI with a Sector Perform rating. The price target for Heico is set to $145.00. In the third quarter, Heico showed an EPS of $0.56, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $148.95 and a 52-week-low of $102.64. Heico closed at $140.39 at the end of the last trading period.
• RBC Capital initiated coverage on Mercury Systems Inc MRCY with a Sector Perform rating. The price target for Mercury Systems is set to $55.00. Mercury Systems earned $0.73 in the fourth quarter, compared to $0.72 in the year-ago quarter. The current stock performance of Mercury Systems shows a 52-week-high of $88.96 and a 52-week-low of $44.44. Moreover, at the end of the last trading period, the closing price was at $53.32.
• RBC Capital initiated coverage on Hexcel Corp HXL with a Sector Perform rating. The price target for Hexcel is set to $65.00. For the third quarter, Hexcel had an EPS of $0.13, compared to year-ago quarter EPS of $0.29. At the moment, the stock has a 52-week-high of $64.99 and a 52-week-low of $31.32. Hexcel closed at $57.24 at the end of the last trading period.

See all analyst ratings initiations.