Upgrades
Wolfe Research upgraded the previous rating for Hexcel Corp (NYSE:HXL) from Peer Perform to Outperform. In the second quarter, Hexcel showed an EPS of $0.50, compared to $0.33 from the year-ago quarter. At the moment, the stock has a 52-week-high of $79.08 and a 52-week-low of $50.25. Hexcel closed at $69.18 at the end of the last trading period.
For Alcon Inc (NYSE:ALC), JP Morgan upgraded the previous rating of Neutral to Overweight. Alcon earned $0.69 in the second quarter, compared to $0.63 in the year-ago quarter. At the moment, the stock has a 52-week-high of $86.20 and a 52-week-low of $55.21. Alcon closed at $80.24 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
BTIG downgraded the previous rating for Invitation Homes Inc (NYSE:INVH) from Buy to Neutral. Invitation Homes earned $0.44 in the second quarter, compared to $0.42 in the year-ago quarter. The stock has a 52-week-high of $40.20 and a 52-week-low of $28.52. At the end of the last trading period, Invitation Homes closed at $34.07.
According to Nomura Instinet, the prior rating for BorgWarner Inc (NYSE:BWA) was changed from Buy to Neutral. For the second quarter, BorgWarner had an EPS of $1.35, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of $51.14 and a 52-week-low of $31.16. BorgWarner closed at $39.85 at the end of the last trading period.
BMO Capital downgraded the previous rating for SL Green Realty Corp (NYSE:SLG) from Outperform to Market Perform. In the second quarter, SL Green Realty showed an EPS of $1.43, compared to $1.87 from the year-ago quarter. The stock has a 52-week-high of $51.26 and a 52-week-low of $19.06. At the end of the last trading period, SL Green Realty closed at $32.18.
According to Keybanc, the prior rating for Denbury Inc (NYSE:DEN) was changed from Overweight to Sector Weight. Denbury earned $1.06 in the second quarter, compared to $1.69 in the year-ago quarter. The stock has a 52-week-high of $104.05 and a 52-week-low of $73.24. At the end of the last trading period, Denbury closed at $87.50.
See all analyst ratings downgrades.
Initiations
CL King initiated coverage on Outset Medical Inc (NASDAQ:OM) with a Neutral rating. Outset Medical earned $0.69 in the second quarter, compared to $0.77 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.55 and a 52-week-low of $11.41. Outset Medical closed at $14.79 at the end of the last trading period.
BMO Capital initiated coverage on Metals Acquisition Ltd (NYSE:MTAL) with an Outperform rating. The price target for Metals Acquisition is set to $14.00. The stock has a 52-week-high of $13.10 and a 52-week-low of $8.49. At the end of the last trading period, Metals Acquisition closed at $11.25.
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