Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2022

Upgrades

For Visteon Corp (NASDAQ:VC), Exane BNP Paribas upgraded the previous rating of Neutral to Outperform. For the first quarter, Visteon had an EPS of $1.09, compared to year-ago quarter EPS of $0.56. The stock has a 52-week-high of $134.57 and a 52-week-low of $88.82. At the end of the last trading period, Visteon closed at $108.51.

For Lear Corp (NYSE:LEA), Exane BNP Paribas upgraded the previous rating of Underperform to Neutral. In the first quarter, Lear showed an EPS of $1.80, compared to $3.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $195.43 and a 52-week-low of $118.38. Lear closed at $128.20 at the end of the last trading period.

B of A Securities upgraded the previous rating for Flowserve Corp (NYSE:FLS) from Underperform to Neutral. Flowserve earned $0.07 in the first quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $43.63 and a 52-week-low of $27.14. At the end of the last trading period, Flowserve closed at $28.93.

For Bank of America Corp (NYSE:BAC), Societe Generale upgraded the previous rating of Hold to Buy. In the first quarter, Bank of America showed an EPS of $0.80, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $50.11 and a 52-week-low of $30.45. At the end of the last trading period, Bank of America closed at $31.79.

According to B of A Securities, the prior rating for APi Group Corp (NYSE:APG) was changed from Neutral to Buy. APi Gr earned $0.23 in the first quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $26.84 and a 52-week-low of $14.13. APi Gr closed at $15.10 at the end of the last trading period.

For Honeywell International Inc (NASDAQ:HON), B of A Securities upgraded the previous rating of Neutral to Buy. Honeywell Intl earned $1.91 in the first quarter, compared to $1.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $236.86 and a 52-week-low of $168.96. Honeywell Intl closed at $173.34 at the end of the last trading period.

Goldman Sachs upgraded the previous rating for Mattel Inc (NASDAQ:MAT) from Neutral to Buy. For the first quarter, Mattel had an EPS of $0.08, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $26.99 and a 52-week-low of $17.95. Mattel closed at $22.76 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Macrogenics Inc (NASDAQ:MGNX), BMO Capital downgraded the previous rating of Outperform to Market Perform. Macrogenics earned $1.08 in the first quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of $28.19 and a 52-week-low of $2.13. At the end of the last trading period, Macrogenics closed at $3.50.

Wells Fargo downgraded the previous rating for Civitas Resources Inc (NYSE:CIVI) from Overweight to Equal-Weight. For the first quarter, Civitas Resources had an EPS of $2.51, compared to year-ago quarter EPS of $0.88. The stock has a 52-week-high of $84.76 and a 52-week-low of $31.74. At the end of the last trading period, Civitas Resources closed at $50.62.

B of A Securities downgraded the previous rating for Stryker Corp (NYSE:SYK) from Buy to Neutral. In the first quarter, Stryker showed an EPS of $1.97, compared to $1.93 from the year-ago quarter. The stock has a 52-week-high of $281.16 and a 52-week-low of $193.34. At the end of the last trading period, Stryker closed at $200.88.

B of A Securities downgraded the previous rating for ITT Inc (NYSE:ITT) from Buy to Neutral. ITT earned $0.97 in the first quarter, compared to $1.06 in the year-ago quarter. The stock has a 52-week-high of $105.54 and a 52-week-low of $64.08. At the end of the last trading period, ITT closed at $67.81.

For Becton, Dickinson and Co (NYSE:BDX), Citigroup downgraded the previous rating of Neutral to Sell. In the second quarter, Becton, Dickinson showed an EPS of $3.18, compared to $3.19 from the year-ago quarter. The stock has a 52-week-high of $280.62 and a 52-week-low of $231.46. At the end of the last trading period, Becton, Dickinson closed at $245.66.

Baird downgraded the previous rating for Dutch Bros Inc (NYSE:BROS) from Outperform to Neutral. At the moment, the stock has a 52-week-high of $81.40 and a 52-week-low of $20.05. Dutch Bros closed at $36.58 at the end of the last trading period.

For Silk Road Medical Inc (NASDAQ:SILK), Citigroup downgraded the previous rating of Neutral to Sell. Silk Road Medical earned $0.48 in the first quarter, compared to $0.31 in the year-ago quarter. The stock has a 52-week-high of $67.49 and a 52-week-low of $27.21. At the end of the last trading period, Silk Road Medical closed at $42.19.

For Pulmonx Corp (NASDAQ:LUNG), Citigroup downgraded the previous rating of Buy to Neutral. In the first quarter, Pulmonx showed an EPS of $0.43, compared to $0.34 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.49 and a 52-week-low of $13.79. Pulmonx closed at $17.30 at the end of the last trading period.

For Meta Platforms Inc (NASDAQ:META), Needham downgraded the previous rating of Hold to Underperform. Meta Platforms earned $2.72 in the first quarter, compared to $3.30 in the year-ago quarter. The stock has a 52-week-high of $199.45 and a 52-week-low of $11.73. At the end of the last trading period, Meta Platforms closed at $170.88.

According to Jefferies, the prior rating for Under Armour Inc (NYSE:UAA) was changed from Buy to Hold. In the first quarter, Under Armour showed an EPS of $0.01, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $27.28 and a 52-week-low of $8.13. At the end of the last trading period, Under Armour closed at $8.97.

For AmerisourceBergen Corp (NYSE:ABC), Evercore ISI Group downgraded the previous rating of Outperform to In-Line. AmerisourceBergen earned $3.22 in the second quarter, compared to $2.53 in the year-ago quarter. The stock has a 52-week-high of $167.19 and a 52-week-low of $111.34. At the end of the last trading period, AmerisourceBergen closed at $142.55.

According to Barclays, the prior rating for O-I Glass Inc (NYSE:OI) was changed from Equal-Weight to Underweight. For the first quarter, O-I Glass had an EPS of $0.56, compared to year-ago quarter EPS of $0.35. The stock has a 52-week-high of $17.94 and a 52-week-low of $10.64. At the end of the last trading period, O-I Glass closed at $13.49.

For New Relic Inc (NYSE:NEWR), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, New Relic had an EPS of $0.24, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $129.70 and a 52-week-low of $41.66. At the end of the last trading period, New Relic closed at $56.33.

For ManpowerGroup Inc (NYSE:MAN), JP Morgan downgraded the previous rating of Overweight to Neutral. For the first quarter, ManpowerGroup had an EPS of $1.88, compared to year-ago quarter EPS of $1.11. At the moment, the stock has a 52-week-high of $123.84 and a 52-week-low of $73.90. ManpowerGroup closed at $78.61 at the end of the last trading period.

According to Goldman Sachs, the prior rating for Upstart Holdings Inc (NASDAQ:UPST) was changed from Neutral to Sell. Upstart Hldgs earned $0.61 in the first quarter, compared to $0.22 in the year-ago quarter. The stock has a 52-week-high of $401.49 and a 52-week-low of $25.43. At the end of the last trading period, Upstart Hldgs closed at $27.09.

Keybanc downgraded the previous rating for Duolingo Inc (NASDAQ:DUOL) from Overweight to Sector Weight. In the first quarter, Duolingo showed an EPS of $0.31, compared to $1.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $205.00 and a 52-week-low of $60.50. Duolingo closed at $110.09 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

B of A Securities initiated coverage on System1 Inc (NYSE:SST) with a Buy rating. The price target for System1 is set to $12.00. At the moment, the stock has a 52-week-high of $37.10 and a 52-week-low of $6.57. System1 closed at $7.78 at the end of the last trading period.

See all analyst ratings initiations.

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