Upgrades
For Steel Dynamics Inc (NASDAQ:STLD), Citigroup upgraded the previous rating of Neutral to Buy. For the second quarter, Steel Dynamics had an EPS of $4.81, compared to year-ago quarter EPS of $6.73. The current stock performance of Steel Dynamics shows a 52-week-high of $136.46 and a 52-week-low of $69.12. Moreover, at the end of the last trading period, the closing price was at $101.10.
Citigroup upgraded the previous rating for Cleveland-Cliffs Inc (NYSE:CLF) from Neutral to Buy. For the second quarter, Cleveland-Cliffs had an EPS of $0.69, compared to year-ago quarter EPS of $1.31. The stock has a 52-week-high of $22.83 and a 52-week-low of $11.82. At the end of the last trading period, Cleveland-Cliffs closed at $14.46.
For Quanterix Corp (NASDAQ:QTRX), Canaccord Genuity upgraded the previous rating of Hold to Buy. Quanterix earned $0.16 in the second quarter, compared to $0.67 in the year-ago quarter. The stock has a 52-week-high of $28.77 and a 52-week-low of $8.02. At the end of the last trading period, Quanterix closed at $25.01.
According to Wedbush, the prior rating for CarMax Inc (NYSE:KMX) was changed from Neutral to Outperform. For the first quarter, CarMax had an EPS of $1.16, compared to year-ago quarter EPS of $1.56. At the moment, the stock has a 52-week-high of $87.50 and a 52-week-low of $52.13. CarMax closed at $76.66 at the end of the last trading period.
B of A Securities upgraded the previous rating for Ermenegildo Zegna NV (NYSE:ZGN) from Neutral to Buy. NoneAt the moment, the stock has a 52-week-high of $16.36 and a 52-week-low of $9.66. Ermenegildo Zegna closed at $13.72 at the end of the last trading period.
Morgan Stanley upgraded the previous rating for Novartis AG (NYSE:NVS) from Underweight to Equal-Weight. In the second quarter, Novartis showed an EPS of $1.83, compared to $1.56 from the year-ago quarter. The stock has a 52-week-high of $105.61 and a 52-week-low of $74.09. At the end of the last trading period, Novartis closed at $101.14.
According to JP Morgan, the prior rating for Dow Inc (NYSE:DOW) was changed from Neutral to Overweight. For the second quarter, Dow had an EPS of $0.75, compared to year-ago quarter EPS of $2.31. At the moment, the stock has a 52-week-high of $60.88 and a 52-week-low of $42.92. Dow closed at $50.25 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
For Quantum-Si Inc (NASDAQ:QSI), Canaccord Genuity downgraded the previous rating of Buy to Hold. For the second quarter, Quantum-Si had an EPS of $0.18, compared to year-ago quarter EPS of $0.23. At the moment, the stock has a 52-week-high of $3.90 and a 52-week-low of $1.36. Quantum-Si closed at $1.98 at the end of the last trading period.
For SomaLogic Inc (NASDAQ:SLGC), Canaccord Genuity downgraded the previous rating of Buy to Hold. In the second quarter, SomaLogic showed an EPS of $0.13, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3.79 and a 52-week-low of $1.93. SomaLogic closed at $2.27 at the end of the last trading period.
BTIG downgraded the previous rating for Morphic Holding Inc (NASDAQ:MORF) from Buy to Neutral. For the second quarter, Morphic Holding had an EPS of $0.92, compared to year-ago quarter EPS of $0.68. At the moment, the stock has a 52-week-high of $63.08 and a 52-week-low of $23.13. Morphic Holding closed at $36.68 at the end of the last trading period.
Morgan Stanley downgraded the previous rating for Vaccitech PLC (NASDAQ:VACC) from Overweight to Equal-Weight. In the second quarter, Vaccitech showed an EPS of $0.62, compared to $0.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3.35 and a 52-week-low of $1.64. Vaccitech closed at $1.68 at the end of the last trading period.
For FMC Corp (NYSE:FMC), Redburn Atlantic downgraded the previous rating of Buy to Neutral. FMC earned $0.50 in the second quarter, compared to $1.93 in the year-ago quarter. The current stock performance of FMC shows a 52-week-high of $134.38 and a 52-week-low of $68.17. Moreover, at the end of the last trading period, the closing price was at $68.39.
Bernstein downgraded the previous rating for BHP Group Ltd (NYSE:BHP) from Outperform to Market Perform. NoneThe current stock performance of BHP Group shows a 52-week-high of $71.52 and a 52-week-low of $46.92. Moreover, at the end of the last trading period, the closing price was at $56.75.
For Foot Locker Inc (NYSE:FL), Jefferies downgraded the previous rating of Buy to Hold. Foot Locker earned $0.04 in the second quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $47.22 and a 52-week-low of $14.84. At the end of the last trading period, Foot Locker closed at $17.76.
According to Jefferies, the prior rating for Nike Inc (NYSE:NKE) was changed from Buy to Hold. Nike earned $0.66 in the fourth quarter, compared to $0.99 in the year-ago quarter. At the moment, the stock has a 52-week-high of $131.31 and a 52-week-low of $82.24. Nike closed at $90.85 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
Needham initiated coverage on Upstart Holdings Inc (NASDAQ:UPST) with a Hold rating. Upstart Hldgs earned $0.06 in the second quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $72.58 and a 52-week-low of $11.93. Upstart Hldgs closed at $26.55 at the end of the last trading period.
For Maplebear Inc (NASDAQ:CART), Wolfe Research initiated coverage, by setting the current rating at Peer Perform. In the third quarter, Maplebear showed an EPS of $0.21, compared to $0.15 from the year-ago quarter. The stock has a 52-week-high of $42.95 and a 52-week-low of $29.90. At the end of the last trading period, Maplebear closed at $30.00.
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