Benzinga's Top Ratings Upgrades, Downgrades For August 4, 2022

Upgrades

UBS upgraded the previous rating for Southern Co (NYSE:SO) from Neutral to Buy. In the second quarter, Southern showed an EPS of $1.07, compared to $0.84 from the year-ago quarter. The current stock performance of Southern shows a 52-week-high of $77.61 and a 52-week-low of $61.77. Moreover, at the end of the last trading period, the closing price was at $77.26.

For Autohome Inc (NYSE:ATHM), B of A Securities upgraded the previous rating of Underperform to Neutral. For the second quarter, Autohome had an EPS of $0.56, compared to year-ago quarter EPS of $0.97. At the moment, the stock has a 52-week-high of $39.99 and a 52-week-low of $20.49. Autohome closed at $39.74 at the end of the last trading period.

For America Movil SAB de CV (NYSE:AMX), Citigroup upgraded the previous rating of Neutral to Buy. For the second quarter, America Movil had an EPS of $0.21, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $22.65 and a 52-week-low of $17.14. At the end of the last trading period, America Movil closed at $18.09.

See all analyst ratings upgrades.

Downgrades

SMBC Nikko downgraded the previous rating for Boston Properties Inc (NYSE:BXP) from Outperform to Neutral. For the second quarter, Boston Properties had an EPS of $1.94, compared to year-ago quarter EPS of $1.72. The stock has a 52-week-high of $133.11 and a 52-week-low of $84.86. At the end of the last trading period, Boston Properties closed at $88.40.

For Under Armour Inc (NYSE:UAA), William Blair downgraded the previous rating of Hold to Sell. In the second quarter, Under Armour showed an EPS of $0.03, compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $22.01 and a 52-week-low of $8.10. At the end of the last trading period, Under Armour closed at $9.33.

Truist Securities downgraded the previous rating for Ball Corp (NYSE:BALL) from Buy to Hold. The stock has a 52-week-high of $75.32 and a 52-week-low of $62.90. At the end of the last trading period, Ball closed at $72.81.

Loop Capital downgraded the previous rating for Weave Communications Inc (NYSE:WEAV) from Buy to Hold. The current stock performance of Weave Communications shows a 52-week-high of $15.65 and a 52-week-low of $2.91. Moreover, at the end of the last trading period, the closing price was at $5.22.

For Dana Inc (NYSE:DAN), Deutsche Bank downgraded the previous rating of Buy to Hold. Dana earned $0.08 in the second quarter, compared to $0.59 in the year-ago quarter. The stock has a 52-week-high of $25.51 and a 52-week-low of $13.06. At the end of the last trading period, Dana closed at $16.06.

According to Raymond James, the prior rating for Centerspace (NYSE:CSR) was changed from Outperform to Market Perform. Centerspace earned $1.12 in the second quarter, compared to $0.98 in the year-ago quarter. The stock has a 52-week-high of $111.48 and a 52-week-low of $74.99. At the end of the last trading period, Centerspace closed at $85.65.

According to BTIG, the prior rating for Vapotherm Inc (NYSE:VAPO) was changed from Buy to Neutral. Vapotherm earned $0.84 in the second quarter, compared to $0.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.06 and a 52-week-low of $1.87. Vapotherm closed at $2.56 at the end of the last trading period.

Goldman Sachs downgraded the previous rating for HSBC Holdings PLC (NYSE:HSBC) from Buy to Neutral. In the second quarter, HSBC Holdings showed an EPS of $1.35, compared to $0.85 from the year-ago quarter. The stock has a 52-week-high of $38.61 and a 52-week-low of $29.17. At the end of the last trading period, HSBC Holdings closed at $32.85.

For Warrior Met Coal Inc (NYSE:HCC), BMO Capital downgraded the previous rating of Outperform to Market Perform. Warrior Met Coal earned $5.87 in the second quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $42.95 and a 52-week-low of $24.72. At the end of the last trading period, Warrior Met Coal closed at $31.52.

Baird downgraded the previous rating for Under Armour Inc (NYSE:UAA) from Outperform to Neutral. In the second quarter, Under Armour showed an EPS of $0.03, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.01 and a 52-week-low of $8.10. Under Armour closed at $9.33 at the end of the last trading period.

For Duluth Holdings Inc (NASDAQ:DLTH), Baird downgraded the previous rating of Outperform to Neutral. Duluth Holdings earned $0.04 in the first quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $15.90 and a 52-week-low of $9.06. At the end of the last trading period, Duluth Holdings closed at $10.07.

According to Jefferies, the prior rating for Medifast Inc (NYSE:MED) was changed from Buy to Hold. For the second quarter, Medifast had an EPS of $3.87, compared to year-ago quarter EPS of $3.96. The stock has a 52-week-high of $222.00 and a 52-week-low of $154.67. At the end of the last trading period, Medifast closed at $171.60.

Morgan Stanley downgraded the previous rating for Levi Strauss & Co (NYSE:LEVI) from Overweight to Equal-Weight. Levi Strauss earned $0.29 in the second quarter, compared to $0.23 in the year-ago quarter. The stock has a 52-week-high of $25.25 and a 52-week-low of $15.62. At the end of the last trading period, Levi Strauss closed at $19.38.

William Blair downgraded the previous rating for Vapotherm Inc (NYSE:VAPO) from Outperform to Market Perform. Vapotherm earned $0.84 in the second quarter, compared to $0.67 in the year-ago quarter. The stock has a 52-week-high of $21.06 and a 52-week-low of $1.87. At the end of the last trading period, Vapotherm closed at $2.56.

See all analyst ratings downgrades.

Initiations

MKM Partners initiated coverage on RingCentral Inc (NYSE:RNG) with a Buy rating. The price target for RingCentral is set to $80.00. RingCentral earned $0.45 in the second quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $194.40 and a 52-week-low of $47.28. At the end of the last trading period, RingCentral closed at $53.04.

See all analyst ratings initiations.

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