Benzinga's Top Ratings Upgrades, Downgrades For July 28, 2022

Benzinga's Top Ratings Upgrades, Downgrades For July 28, 2022

 

Upgrades

  • According to Argus Research, the prior rating for Huntington Bancshares Inc HBAN was changed from Hold to Buy. In the second quarter, Huntington Bancshares showed an EPS of $0.36, compared to $0.35 from the year-ago quarter. The current stock performance of Huntington Bancshares shows a 52-week-high of $17.79 and a 52-week-low of $11.67. Moreover, at the end of the last trading period, the closing price was at $13.09.
  • According to Stifel, the prior rating for NextDecade Corp NEXT was changed from Sell to Hold. For the first quarter, NextDecade had an EPS of $0.14, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $8.10 and a 52-week-low of $2.08. At the end of the last trading period, NextDecade closed at $6.33.
  • For Netgear Inc NTGR, BWS Financial upgraded the previous rating of Neutral to Buy. In the second quarter, Netgear showed an EPS of $0.19, compared to $0.66 from the year-ago quarter. The stock has a 52-week-high of $31.00 and a 52-week-low of $17.40. At the end of the last trading period, Netgear closed at $20.29.
  • Macquarie upgraded the previous rating for New Oriental Education & Technology Group Inc EDU from Neutral to Outperform. New Oriental Education earned $0.94 in the fourth quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $26.43 and a 52-week-low of $0.84. At the end of the last trading period, New Oriental Education closed at $25.74.
  • According to Edward Jones, the prior rating for Qualcomm Inc QCOM was changed from Hold to Buy. In the third quarter, Qualcomm showed an EPS of $2.96, compared to $1.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $193.58 and a 52-week-low of $118.22. Qualcomm closed at $153.42 at the end of the last trading period.
  • Edward Jones upgraded the previous rating for Stryker Corp SYK from Hold to Buy. In the second quarter, Stryker showed an EPS of $2.25, compared to $2.25 from the year-ago quarter. The stock has a 52-week-high of $280.43 and a 52-week-low of $188.84. At the end of the last trading period, Stryker closed at $211.80.
  • For T-Mobile US Inc TMUS, Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. For the second quarter, T-Mobile US had an EPS of $0.43, compared to year-ago quarter EPS of $0.78. The current stock performance of T-Mobile US shows a 52-week-high of $142.37 and a 52-week-low of $101.51. Moreover, at the end of the last trading period, the closing price was at $140.91.
  • For The Kraft Heinz Co KHC, Stifel upgraded the previous rating of Hold to Buy. Kraft Heinz earned $0.70 in the second quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $44.87 and a 52-week-low of $34.07. Kraft Heinz closed at $36.34 at the end of the last trading period.
  • Credit Suisse upgraded the previous rating for Enphase Energy Inc ENPH from Neutral to Outperform. In the second quarter, Enphase Energy showed an EPS of $1.07, compared to $0.53 from the year-ago quarter. The current stock performance of Enphase Energy shows a 52-week-high of $257.55 and a 52-week-low of $113.40. Moreover, at the end of the last trading period, the closing price was at $254.77.
  • Oppenheimer upgraded the previous rating for Equinix Inc EQIX from Perform to Outperform. Equinix earned $7.58 in the second quarter, compared to $7.01 in the year-ago quarter.

See all analyst ratings upgrades.

 

Downgrades

  • Goldman Sachs downgraded the previous rating for Align Technology Inc ALGN from Buy to Sell. In the second quarter, Align Tech showed an EPS of $2.00, compared to $3.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $658.50 and a 52-week-low of $225.86. Align Tech closed at $262.61 at the end of the last trading period.
  • For News Corp NWSA, Macquarie downgraded the previous rating of Outperform to Neutral. For the third quarter, News had an EPS of $0.16, compared to year-ago quarter EPS of $0.09. The current stock performance of News shows a 52-week-high of $23.73 and a 52-week-low of $14.95. Moreover, at the end of the last trading period, the closing price was at $17.05.
  • R5 Capital downgraded the previous rating for Best Buy Co Inc BBY from Buy to Sell. In the first quarter, Best Buy Co showed an EPS of $1.57, compared to $2.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $112.96 and a 52-week-low of $64.29. Best Buy Co closed at $74.49 at the end of the last trading period.
  • Goldman Sachs downgraded the previous rating for Teladoc Health Inc TDOC from Buy to Neutral. For the second quarter, Teladoc Health had an EPS of $0.44, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $95.71 and a 52-week-low of $27.38. Teladoc Health closed at $43.24 at the end of the last trading period.
  • For Teradyne Inc TER, Craig-Hallum downgraded the previous rating of Buy to Hold. For the second quarter, Teradyne had an EPS of $1.21, compared to year-ago quarter EPS of $1.91. The current stock performance of Teradyne shows a 52-week-high of $167.69 and a 52-week-low of $82.97. Moreover, at the end of the last trading period, the closing price was at $97.94.
  • According to Cowen & Co., the prior rating for Cognizant Technology Solutions Corp CTSH was changed from Outperform to Market Perform. In the second quarter, Cognizant Tech Solns showed an EPS of $1.14, compared to $0.99 from the year-ago quarter. The stock has a 52-week-high of $93.47 and a 52-week-low of $63.26. At the end of the last trading period, Cognizant Tech Solns closed at $70.30.
  • According to Guggenheim, the prior rating for F45 Training Holdings Inc FXLV was changed from Buy to Neutral. In the first quarter, F45 Training Holdings showed an EPS of $0.03, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $15.78 and a 52-week-low of $0.79. F45 Training Holdings closed at $1.35 at the end of the last trading period.
  • According to B of A Securities, the prior rating for Verizon Communications Inc VZ was changed from Buy to Neutral. In the second quarter, Verizon Communications showed an EPS of $1.31, compared to $1.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $55.51 and a 52-week-low of $43.77. Verizon Communications closed at $44.91 at the end of the last trading period.
  • Stifel downgraded the previous rating for Coursera Inc COUR from Buy to Hold. For the second quarter, Coursera had an EPS of $0.15, compared to year-ago quarter EPS of $0.05. The current stock performance of Coursera shows a 52-week-high of $25.91 and a 52-week-low of $13.36. Moreover, at the end of the last trading period, the closing price was at $16.26.
  • Wedbush downgraded the previous rating for Pegasystems Inc PEGA from Outperform to Neutral. In the second quarter, Pegasystems showed an EPS of $0.38, compared to $0.23 from the year-ago quarter. The stock has a 52-week-high of $111.73 and a 52-week-low of $36.50. At the end of the last trading period, Pegasystems closed at $47.55.
  • According to JP Morgan, the prior rating for Cognizant Technology Solutions Corp CTSH was changed from Overweight to Neutral. For the second quarter, Cognizant Tech Solns had an EPS of $1.14, compared to year-ago quarter EPS of $0.99. The current stock performance of Cognizant Tech Solns shows a 52-week-high of $93.47 and a 52-week-low of $63.26. Moreover, at the end of the last trading period, the closing price was at $70.30.
  • Morgan Stanley downgraded the previous rating for LegalZoom.com Inc LZ from Equal-Weight to Underweight. For the first quarter, LegalZoom.com had an EPS of $0.05, compared to year-ago quarter EPS of $0.05. At the moment, the stock has a 52-week-high of $17.36 and a 52-week-low of $9.51. LegalZoom.com closed at $10.28 at the end of the last trading period.
  • For Coursera Inc COUR, Goldman Sachs downgraded the previous rating of Buy to Neutral. In the second quarter, Coursera showed an EPS of $0.15, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $25.91 and a 52-week-low of $13.36. At the end of the last trading period, Coursera closed at $16.26.
  • For TJX Companies Inc TJX, Gordon Haskett downgraded the previous rating of Buy to Hold. In the first quarter, TJX Companies showed an EPS of $0.68, compared to $0.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $77.35 and a 52-week-low of $53.69. TJX Companies closed at $60.80 at the end of the last trading period.
  • For Shopify Inc SHOP, Piper Sandler downgraded the previous rating of Overweight to Neutral. Shopify earned $0.03 in the second quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $1393.67 and a 52-week-low of $29.72. Shopify closed at $35.24 at the end of the last trading period.
  • According to RBC Capital, the prior rating for Taylor Morrison Home Corp TMHC was changed from Outperform to Sector Perform. For the second quarter, Taylor Morrison Home had an EPS of $2.27, compared to year-ago quarter EPS of $0.95. The stock has a 52-week-high of $35.17 and a 52-week-low of $20.05. At the end of the last trading period, Taylor Morrison Home closed at $28.48.
  • Jefferies downgraded the previous rating for Best Buy Co Inc BBY from Buy to Hold. Best Buy Co earned $1.57 in the first quarter, compared to $2.23 in the year-ago quarter. The current stock performance of Best Buy Co shows a 52-week-high of $112.96 and a 52-week-low of $64.29. Moreover, at the end of the last trading period, the closing price was at $74.49.
  • For Columbia Financial Inc CLBK, Piper Sandler downgraded the previous rating of Overweight to Neutral. For the second quarter, Columbia Financial had an EPS of $0.22, compared to year-ago quarter EPS of $0.26. The stock has a 52-week-high of $22.86 and a 52-week-low of $18.84. At the end of the last trading period, Columbia Financial closed at $22.80.
  • According to Piper Sandler, the prior rating for Boston Properties Inc BXP was changed from Overweight to Neutral. Boston Properties earned $1.94 in the second quarter, compared to $1.72 in the year-ago quarter. The current stock performance of Boston Properties shows a 52-week-high of $133.11 and a 52-week-low of $84.86. Moreover, at the end of the last trading period, the closing price was at $90.00.

See all analyst ratings downgrades.

 

Initiations

  • Needham initiated coverage on Fate Therapeutics Inc FATE with a Hold rating. In the first quarter, Fate Therapeutics showed an EPS of $0.68, compared to $0.48 from the year-ago quarter.
  • JP Morgan initiated coverage on Opendoor Technologies Inc OPEN with an Overweight rating. The price target for Opendoor Technologies is set to $9.00. In the first quarter, Opendoor Technologies showed an EPS of $0.15, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $15.24 and a 52-week-low of $4.30. Opendoor Technologies closed at $4.75 at the end of the last trading period.
  • Wells Fargo initiated coverage on Incyte Corp INCY with a Equal-Weight rating. The price target for Incyte is set to $76.00. In the first quarter, Incyte showed an EPS of $0.55, compared to $0.67 from the year-ago quarter. The current stock performance of Incyte shows a 52-week-high of $84.86 and a 52-week-low of $65.07. Moreover, at the end of the last trading period, the closing price was at $80.68.
  • Needham initiated coverage on Nkarta Inc NKTX with a Buy rating. The price target for Nkarta is set to $26.00. In the first quarter, Nkarta showed an EPS of $0.79, compared to $0.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.35 and a 52-week-low of $7.55. Nkarta closed at $12.84 at the end of the last trading period.
  • With a Buy rating, HC Wainwright & Co. initiated coverage on Kinnate Biopharma Inc KNTE. The price target seems to have been set at $33.00 for Kinnate Biopharma. In the first quarter, Kinnate Biopharma showed an EPS of $0.61, compared to $0.40 from the year-ago quarter. The current stock performance of Kinnate Biopharma shows a 52-week-high of $18.39 and a 52-week-low of $7.17. Moreover, at the end of the last trading period, the closing price was at $12.04.
  • HC Wainwright & Co. initiated coverage on Vizsla Silver Corp VZLA with a Buy rating. The price target for Vizsla Silver is set to $1.60. The stock has a 52-week-high of $2.39 and a 52-week-low of $0.91. At the end of the last trading period, Vizsla Silver closed at $1.10.
  • Barclays initiated coverage on Bicycle Therapeutics PLC BCYC with an Overweight rating. The price target for Bicycle Therapeutics is set to $30.00. For the first quarter, Bicycle Therapeutics had an EPS of $0.93, compared to year-ago quarter EPS of $0.73.
  • With a Equal-Weight rating, Morgan Stanley initiated coverage on Shutterstock Inc SSTK. The price target seems to have been set at $54.00 for Shutterstock. In the second quarter, Shutterstock showed an EPS of $0.83, compared to $1.02 from the year-ago quarter. The current stock performance of Shutterstock shows a 52-week-high of $111.66 and a 52-week-low of $50.04. Moreover, at the end of the last trading period, the closing price was at $57.57.
  • With a Buy rating, Berenberg initiated coverage on Doximity Inc DOCS. The price target seems to have been set at $49.00 for Doximity. Doximity earned $0.21 in the fourth quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $64.95 and a 52-week-low of $27.06. Doximity closed at $41.42 at the end of the last trading period.
  • With a Buy rating, Benchmark initiated coverage on Semtech Corp SMTC. The price target seems to have been set at $81.00 for Semtech. For the first quarter, Semtech had an EPS of $0.80, compared to year-ago quarter EPS of $0.53.
  • Benchmark initiated coverage on SKYX Platforms Corp SKYX with a Buy rating. The price target for SKYX Platforms is set to $15.00. In the first quarter, SKYX Platforms showed an EPS of $0.23, compared to $0.02 from the year-ago quarter. The current stock performance of SKYX Platforms shows a 52-week-high of $16.00 and a 52-week-low of $1.82. Moreover, at the end of the last trading period, the closing price was at $4.17.
  • MKM Partners initiated coverage on Tractor Supply Co TSCO with a Buy rating. The price target for Tractor Supply is set to $230.00. In the second quarter, Tractor Supply showed an EPS of $3.53, compared to $3.19 from the year-ago quarter. The stock has a 52-week-high of $241.54 and a 52-week-low of $166.49. At the end of the last trading period, Tractor Supply closed at $186.93.
  • With a Neutral rating, MKM Partners initiated coverage on Five Below Inc FIVE. The price target seems to have been set at $115.00 for Five Below. Five Below earned $0.59 in the first quarter, compared to $0.88 in the year-ago quarter. At the moment, the stock has a 52-week-high of $214.50 and a 52-week-low of $109.49. Five Below closed at $118.85 at the end of the last trading period.
  • MKM Partners initiated coverage on Wayfair Inc W with a Neutral rating. The price target for Wayfair is set to $50.00. Wayfair earned $1.96 in the first quarter, compared to $1.00 in the year-ago quarter. The current stock performance of Wayfair shows a 52-week-high of $197.77 and a 52-week-low of $43.31. Moreover, at the end of the last trading period, the closing price was at $49.94.

See all analyst ratings initiations.

Posted In: BZI-RatingsUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings