Benzinga's Top Ratings Upgrades, Downgrades For September 28, 2023

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Upgrades

According to Northcoast Research, the prior rating for Essential Utilities Inc WTRG was changed from Neutral to Buy. For the second quarter, Essential Utilities had an EPS of $0.34, compared to year-ago quarter EPS of $0.31. The current stock performance of Essential Utilities shows a 52-week-high of $49.87 and a 52-week-low of $34.32. Moreover, at the end of the last trading period, the closing price was at $34.34.

DA Davidson upgraded the previous rating for Redfin Corp RDFN from Underperform to Neutral. Redfin earned $0.25 in the second quarter, compared to $0.73 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.68 and a 52-week-low of $3.08. Redfin closed at $6.98 at the end of the last trading period.

According to JP Morgan, the prior rating for Huntington Ingalls Industries Inc HII was changed from Neutral to Overweight. In the second quarter, Huntington Ingalls Indus showed an EPS of $3.27, compared to $4.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $260.02 and a 52-week-low of $188.51. Huntington Ingalls Indus closed at $203.19 at the end of the last trading period.

JP Morgan upgraded the previous rating for DigitalBridge Group Inc DBRG from Neutral to Overweight. In the second quarter, DigitalBridge Gr showed an EPS of $0.14, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $18.43 and a 52-week-low of $9.99. At the end of the last trading period, DigitalBridge Gr closed at $16.53.

See all analyst ratings upgrades.

Downgrades

For Brainstorm Cell Therapeutics Inc BCLI, Maxim Group downgraded the previous rating of Buy to Hold. For the second quarter, Brainstorm Cell had an EPS of $0.13, compared to year-ago quarter EPS of $0.19. At the moment, the stock has a 52-week-high of $4.55 and a 52-week-low of $0.39. Brainstorm Cell closed at $0.39 at the end of the last trading period.

Monness, Crespi, Hardt downgraded the previous rating for Spotify Technology SA SPOT from Buy to Neutral. Spotify Technology earned $1.69 in the second quarter, compared to $0.91 in the year-ago quarter. The current stock performance of Spotify Technology shows a 52-week-high of $182.00 and a 52-week-low of $69.41. Moreover, at the end of the last trading period, the closing price was at $153.75.

According to TD Securities, the prior rating for Crane Co CR was changed from Buy to Hold. Crane earned $1.10 in the second quarter, compared to $1.90 in the year-ago quarter. The current stock performance of Crane shows a 52-week-high of $123.78 and a 52-week-low of $67.28. Moreover, at the end of the last trading period, the closing price was at $86.40.

For North American Construction Group Ltd NOA, TD Cowen downgraded the previous rating of Buy to Hold. For the second quarter, North American had an EPS of $0.35, compared to year-ago quarter EPS of $0.13. The stock has a 52-week-high of $26.30 and a 52-week-low of $9.24. At the end of the last trading period, North American closed at $22.51.

For Galecto Inc GLTO, HC Wainwright & Co. downgraded the previous rating of Buy to Neutral. Galecto earned $0.41 in the second quarter, compared to $0.67 in the year-ago quarter. The stock has a 52-week-high of $3.70 and a 52-week-low of $0.54. At the end of the last trading period, Galecto closed at $0.70.

For Agora Inc API, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Agora earned $0.07 in the second quarter, compared to $0.05 in the year-ago quarter. At the moment, the stock has a 52-week-high of $4.85 and a 52-week-low of $2.38. Agora closed at $2.78 at the end of the last trading period.

For NextEra Energy Partners LP NEP, JP Morgan downgraded the previous rating of Overweight to Neutral. In the second quarter, NextEra Energy Partners showed an EPS of $0.53, compared to $2.61 from the year-ago quarter. The current stock performance of NextEra Energy Partners shows a 52-week-high of $81.07 and a 52-week-low of $37.17. Moreover, at the end of the last trading period, the closing price was at $37.46.

According to Oppenheimer, the prior rating for NextEra Energy Partners LP NEP was changed from Outperform to Perform. In the second quarter, NextEra Energy Partners showed an EPS of $0.53, compared to $2.61 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.07 and a 52-week-low of $37.17. NextEra Energy Partners closed at $37.46 at the end of the last trading period.

Oppenheimer downgraded the previous rating for Oshkosh Corp OSK from Outperform to Perform. Oshkosh earned $2.69 in the second quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $106.66 and a 52-week-low of $69.31. Oshkosh closed at $96.68 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Evercore ISI Group initiated coverage on Teradata Corp TDC with an Outperform rating. The price target for Teradata is set to $65.00. In the second quarter, Teradata showed an EPS of $0.48, compared to $0.33 from the year-ago quarter. The stock has a 52-week-high of $57.73 and a 52-week-low of $28.74. At the end of the last trading period, Teradata closed at $44.33.

For Avid Bioservices Inc CDMO, William Blair initiated coverage, by setting the current rating at Market Perform. Avid Bioservices earned $0.03 in the first quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Avid Bioservices shows a 52-week-high of $21.05 and a 52-week-low of $9.18. Moreover, at the end of the last trading period, the closing price was at $10.20.

With a Buy rating, Lake Street initiated coverage on Elutia Inc ELUT. The price target seems to have been set at $3.00 for Elutia. Elutia earned $0.65 in the second quarter, compared to $0.69 in the year-ago quarter. The current stock performance of Elutia shows a 52-week-high of $1.80 and a 52-week-low of $1.10. Moreover, at the end of the last trading period, the closing price was at $1.28.

With an Outperform rating, Raymond James initiated coverage on Dianthus Therapeutics Inc DNTH. The price target seems to have been set at $24.00 for Dianthus Therapeutics. At the moment, the stock has a 52-week-high of $13.40 and a 52-week-low of $9.77. Dianthus Therapeutics closed at $13.31 at the end of the last trading period.

Raymond James initiated coverage on Biomarin Pharmaceutical Inc BMRN with a Market Perform rating. In the second quarter, Biomarin Pharmaceutical showed an EPS of $0.54, compared to $0.15 from the year-ago quarter. The stock has a 52-week-high of $117.77 and a 52-week-low of $80.58. At the end of the last trading period, Biomarin Pharmaceutical closed at $90.37.

With a Equal-Weight rating, Morgan Stanley initiated coverage on Vail Resorts Inc MTN. The price target seems to have been set at $272.00 for Vail Resorts. The current stock performance of Vail Resorts shows a 52-week-high of $268.24 and a 52-week-low of $202.00. Moreover, at the end of the last trading period, the closing price was at $235.95.

Morgan Stanley initiated coverage on The Cooper Companies Inc COO with a Equal-Weight rating. The price target for Cooper Companies is set to $410.00. Cooper Companies earned $3.35 in the third quarter, compared to $3.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $399.62 and a 52-week-low of $244.53. Cooper Companies closed at $315.92 at the end of the last trading period.

Morgan Stanley initiated coverage on Topgolf Callaway Brands Corp MODG with an Underweight rating. The price target for Topgolf Callaway Brands is set to $12.00. Topgolf Callaway Brands earned $0.39 in the second quarter, compared to $0.47 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.96 and a 52-week-low of $13.16. Topgolf Callaway Brands closed at $13.48 at the end of the last trading period.

With a Buy rating, Benchmark initiated coverage on Tetra Technologies Inc TTI. The price target seems to have been set at $8.00 for Tetra Technologies. In the second quarter, Tetra Technologies showed an EPS of $0.13, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $6.54 and a 52-week-low of $2.43. At the end of the last trading period, Tetra Technologies closed at $6.20.

For National Health Investors Inc NHI, Berenberg initiated coverage, by setting the current rating at Hold. In the second quarter, National Health Investors showed an EPS of $1.06, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $60.17 and a 52-week-low of $47.54. National Health Investors closed at $49.99 at the end of the last trading period.

Berenberg initiated coverage on Ensign Group Inc ENSG with a Buy rating. The price target for Ensign Group is set to $110.00. In the second quarter, Ensign Group showed an EPS of $1.16, compared to $1.01 from the year-ago quarter. The stock has a 52-week-high of $104.04 and a 52-week-low of $78.86. At the end of the last trading period, Ensign Group closed at $92.59.

With a Buy rating, Berenberg initiated coverage on LTC Properties Inc LTC. The price target seems to have been set at $36.00 for LTC Properties. For the second quarter, LTC Properties had an EPS of $0.66, compared to year-ago quarter EPS of $0.64. At the moment, the stock has a 52-week-high of $40.49 and a 52-week-low of $30.73. LTC Properties closed at $30.73 at the end of the last trading period.

BTIG initiated coverage on Flywire Corp FLYW with a Buy rating. The price target for Flywire is set to $37.00. For the second quarter, Flywire had an EPS of $0.15, compared to year-ago quarter EPS of $0.22. At the moment, the stock has a 52-week-high of $35.80 and a 52-week-low of $17.17. Flywire closed at $31.48 at the end of the last trading period.

Piper Sandler initiated coverage on IO Biotech Inc IOBT with an Overweight rating. The price target for IO Biotech is set to $10.00. For the second quarter, IO Biotech had an EPS of $0.74, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $3.41 and a 52-week-low of $1.20. At the end of the last trading period, IO Biotech closed at $1.28.

With a Buy rating, UBS initiated coverage on The Trade Desk Inc TTD. The price target seems to have been set at $100.00 for Trade Desk. In the second quarter, Trade Desk showed an EPS of $0.28, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $91.85 and a 52-week-low of $39.44. Trade Desk closed at $75.43 at the end of the last trading period.

With a Neutral rating, UBS initiated coverage on Unity Software Inc U. The price target seems to have been set at $38.00 for Unity Software. In the second quarter, Unity Software showed an EPS of $0.51, compared to $0.18 from the year-ago quarter. At the moment, the stock has a 52-week-high of $50.08 and a 52-week-low of $21.23. Unity Software closed at $30.56 at the end of the last trading period.

With a Buy rating, UBS initiated coverage on Duolingo Inc DUOL. The price target seems to have been set at $195.00 for Duolingo. In the second quarter, Duolingo showed an EPS of $0.08, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $168.40 and a 52-week-low of $64.73. At the end of the last trading period, Duolingo closed at $154.24.

With a Buy rating, UBS initiated coverage on Prosperity Bancshares Inc PB. The price target seems to have been set at $64.00 for Prosperity Bancshares. For the second quarter, Prosperity Bancshares had an EPS of $1.21, compared to year-ago quarter EPS of $1.40. The stock has a 52-week-high of $78.76 and a 52-week-low of $52.62. At the end of the last trading period, Prosperity Bancshares closed at $52.86.

UBS initiated coverage on First Horizon Corp FHN with a Neutral rating. The price target for First Horizon is set to $12.00. First Horizon earned $0.39 in the second quarter, compared to $0.34 in the year-ago quarter. The current stock performance of First Horizon shows a 52-week-high of $24.90 and a 52-week-low of $8.99. Moreover, at the end of the last trading period, the closing price was at $10.99.

With a Neutral rating, Susquehanna initiated coverage on ARM Holdings PLC ARM. The price target seems to have been set at $48.00 for ARM Holdings. The current stock performance of ARM Holdings shows a 52-week-high of $69.00 and a 52-week-low of $49.85. Moreover, at the end of the last trading period, the closing price was at $52.99.

Bernstein initiated coverage on Natera Inc NTRA with a Market Perform rating. The price target for Natera is set to $48.00. For the second quarter, Natera had an EPS of $0.97, compared to year-ago quarter EPS of $1.50. At the moment, the stock has a 52-week-high of $63.00 and a 52-week-low of $34.01. Natera closed at $46.62 at the end of the last trading period.

With an Outperform rating, Bernstein initiated coverage on Exact Sciences Corp EXAS. The price target seems to have been set at $83.00 for Exact Sciences. Exact Sciences earned $0.45 in the second quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of $100.77 and a 52-week-low of $29.29. At the end of the last trading period, Exact Sciences closed at $67.46.

Bernstein initiated coverage on Avantor Inc AVTR with a Market Perform rating. The price target for Avantor is set to $22.00. For the second quarter, Avantor had an EPS of $0.28, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $25.25 and a 52-week-low of $17.92. At the end of the last trading period, Avantor closed at $20.77.

Bernstein initiated coverage on Guardant Health Inc GH with an Outperform rating. The price target for Guardant Health is set to $34.00. Guardant Health earned $0.82 in the second quarter, compared to $1.00 in the year-ago quarter. The stock has a 52-week-high of $62.55 and a 52-week-low of $20.67. At the end of the last trading period, Guardant Health closed at $27.62.

With an Outperform rating, Bernstein initiated coverage on Pacific Biosciences of California Inc PACB. The price target seems to have been set at $11.00 for Pacific Biosciences. For the second quarter, Pacific Biosciences had an EPS of $0.26, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $14.55 and a 52-week-low of $4.97. At the end of the last trading period, Pacific Biosciences closed at $8.36.

With an Underperform rating, Bernstein initiated coverage on Illumina Inc ILMN. The price target seems to have been set at $111.00 for Illumina. For the second quarter, Illumina had an EPS of $0.32, compared to year-ago quarter EPS of $0.57. The current stock performance of Illumina shows a 52-week-high of $248.48 and a 52-week-low of $127.37. Moreover, at the end of the last trading period, the closing price was at $133.30.

With a Market Perform rating, Bernstein initiated coverage on Waters Corp WAT. The price target seems to have been set at $280.00 for Waters. For the second quarter, Waters had an EPS of $2.80, compared to year-ago quarter EPS of $2.75. At the moment, the stock has a 52-week-high of $351.85 and a 52-week-low of $248.18. Waters closed at $272.34 at the end of the last trading period.

Bernstein initiated coverage on Agilent Technologies Inc A with a Market Perform rating. The price target for Agilent Technologies is set to $123.00. Agilent Technologies earned $1.43 in the third quarter, compared to $1.34 in the year-ago quarter. The stock has a 52-week-high of $160.08 and a 52-week-low of $109.00. At the end of the last trading period, Agilent Technologies closed at $110.50.

With an Outperform rating, Bernstein initiated coverage on Revvity Inc RVTY. The price target seems to have been set at $133.00 for Revvity. Revvity earned $1.21 in the second quarter, compared to $1.98 in the year-ago quarter. At the moment, the stock has a 52-week-high of $131.96 and a 52-week-low of $105.83. Revvity closed at $109.05 at the end of the last trading period.

Bernstein initiated coverage on Thermo Fisher Scientific Inc TMO with an Outperform rating. The price target for Thermo Fisher Scientific is set to $603.00. For the second quarter, Thermo Fisher Scientific had an EPS of $5.15, compared to year-ago quarter EPS of $5.51. At the moment, the stock has a 52-week-high of $609.85 and a 52-week-low of $476.79. Thermo Fisher Scientific closed at $498.29 at the end of the last trading period.

With a Market Outperform rating, JMP Securities initiated coverage on Ironwood Pharmaceuticals Inc IRWD. The price target seems to have been set at $22.00 for Ironwood Pharmaceuticals. In the second quarter, Ironwood Pharmaceuticals showed an EPS of $0.31, compared to $0.21 from the year-ago quarter. The current stock performance of Ironwood Pharmaceuticals shows a 52-week-high of $12.66 and a 52-week-low of $8.07. Moreover, at the end of the last trading period, the closing price was at $9.63.

With an Overweight rating, Piper Sandler initiated coverage on Cerevel Therapeutics Holdings Inc CERE. The price target seems to have been set at $33.00 for Cerevel Therapeutics Hldg. For the second quarter, Cerevel Therapeutics Hldg had an EPS of $0.63, compared to year-ago quarter EPS of $0.61. At the moment, the stock has a 52-week-high of $35.98 and a 52-week-low of $19.85. Cerevel Therapeutics Hldg closed at $21.05 at the end of the last trading period.

With a Hold rating, Deutsche Bank initiated coverage on Lockheed Martin Corp LMT. The price target seems to have been set at $435.00 for Lockheed Martin. In the second quarter, Lockheed Martin showed an EPS of $6.73, compared to $6.32 from the year-ago quarter. The current stock performance of Lockheed Martin shows a 52-week-high of $508.10 and a 52-week-low of $383.24. Moreover, at the end of the last trading period, the closing price was at $408.72.

Deutsche Bank initiated coverage on Crane Co CR with a Buy rating. The price target for Crane is set to $118.00. In the second quarter, Crane showed an EPS of $1.10, compared to $1.90 from the year-ago quarter. The stock has a 52-week-high of $123.78 and a 52-week-low of $67.28. At the end of the last trading period, Crane closed at $86.40.

Wolfe Research initiated coverage on Park Hotels & Resorts Inc PK with an Outperform rating. The price target for Park Hotels & Resorts is set to $16.00. For the second quarter, Park Hotels & Resorts had an EPS of $0.60, compared to year-ago quarter EPS of $0.61. The current stock performance of Park Hotels & Resorts shows a 52-week-high of $15.38 and a 52-week-low of $10.70. Moreover, at the end of the last trading period, the closing price was at $12.07.

Wolfe Research initiated coverage on Sunstone Hotel Investors Inc SHO with a Peer Perform rating. In the second quarter, Sunstone Hotel Invts showed an EPS of $0.33, compared to $0.30 from the year-ago quarter. The current stock performance of Sunstone Hotel Invts shows a 52-week-high of $11.38 and a 52-week-low of $8.60. Moreover, at the end of the last trading period, the closing price was at $9.34.

Wolfe Research initiated coverage on Apple Hospitality REIT Inc APLE with a Peer Perform rating. Apple Hospitality REIT earned $0.49 in the second quarter, compared to $0.48 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.22 and a 52-week-low of $13.66. Apple Hospitality REIT closed at $15.24 at the end of the last trading period.

Wolfe Research initiated coverage on Pebblebrook Hotel Trust PEB with a Peer Perform rating. For the second quarter, Pebblebrook Hotel had an EPS of $0.62, compared to year-ago quarter EPS of $0.72. At the moment, the stock has a 52-week-high of $17.38 and a 52-week-low of $12.37. Pebblebrook Hotel closed at $13.37 at the end of the last trading period.

Deutsche Bank initiated coverage on Spirit AeroSystems Holdings Inc SPR with a Hold rating. The price target for Spirit AeroSystems Hldgs is set to $16.00. For the second quarter, Spirit AeroSystems Hldgs had an EPS of $1.46, compared to year-ago quarter EPS of $1.21. The stock has a 52-week-high of $38.55 and a 52-week-low of $14.65. At the end of the last trading period, Spirit AeroSystems Hldgs closed at $15.81.

Wolfe Research initiated coverage on Ryman Hospitality Properties Inc RHP with an Outperform rating. The price target for Ryman Hospitality Props is set to $98.00. Ryman Hospitality Props earned $2.06 in the second quarter, compared to $2.05 in the year-ago quarter. The stock has a 52-week-high of $98.60 and a 52-week-low of $72.02. At the end of the last trading period, Ryman Hospitality Props closed at $80.98.

With a Buy rating, Deutsche Bank initiated coverage on TransDigm Group Inc TDG. The price target seems to have been set at $1001.00 for TransDigm Gr. In the third quarter, TransDigm Gr showed an EPS of $7.25, compared to $4.85 from the year-ago quarter. The stock has a 52-week-high of $940.00 and a 52-week-low of $499.99. At the end of the last trading period, TransDigm Gr closed at $851.82.

Deutsche Bank initiated coverage on Heico Corp HEI with a Buy rating. The price target for Heico is set to $192.00. For the third quarter, Heico had an EPS of $0.74, compared to year-ago quarter EPS of $0.60. At the moment, the stock has a 52-week-high of $182.18 and a 52-week-low of $138.92. Heico closed at $160.24 at the end of the last trading period.

Deutsche Bank initiated coverage on Hexcel Corp HXL with a Hold rating. The price target for Hexcel is set to $70.00. In the second quarter, Hexcel showed an EPS of $0.50, compared to $0.33 from the year-ago quarter. The current stock performance of Hexcel shows a 52-week-high of $79.08 and a 52-week-low of $50.25. Moreover, at the end of the last trading period, the closing price was at $65.94.

Deutsche Bank initiated coverage on Boeing Co BA with a Hold rating. The price target for Boeing is set to $204.00. For the second quarter, Boeing had an EPS of $0.82, compared to year-ago quarter EPS of $0.37. The current stock performance of Boeing shows a 52-week-high of $243.10 and a 52-week-low of $120.99. Moreover, at the end of the last trading period, the closing price was at $195.46.

With a Buy rating, Deutsche Bank initiated coverage on Northrop Grumman Corp NOC. The price target seems to have been set at $502.00 for Northrop Grumman. In the second quarter, Northrop Grumman showed an EPS of $5.34, compared to $6.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $556.14 and a 52-week-low of $416.71. Northrop Grumman closed at $437.24 at the end of the last trading period.

Deutsche Bank initiated coverage on Howmet Aerospace Inc HWM with a Buy rating. The price target for Howmet Aerospace is set to $59.00. In the second quarter, Howmet Aerospace showed an EPS of $0.44, compared to $0.35 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.34 and a 52-week-low of $30.61. Howmet Aerospace closed at $46.08 at the end of the last trading period.

With a Buy rating, Deutsche Bank initiated coverage on Woodward Inc WWD. The price target seems to have been set at $152.00 for Woodward. In the third quarter, Woodward showed an EPS of $1.37, compared to $0.64 from the year-ago quarter. The current stock performance of Woodward shows a 52-week-high of $133.15 and a 52-week-low of $79.26. Moreover, at the end of the last trading period, the closing price was at $123.95.

Deutsche Bank initiated coverage on General Electric Co GE with a Buy rating. The price target for General Electric is set to $141.00. General Electric earned $0.68 in the second quarter, compared to $0.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $117.96 and a 52-week-low of $48.29. General Electric closed at $110.89 at the end of the last trading period.

Deutsche Bank initiated coverage on General Dynamics Corp GD with a Buy rating. The price target for General Dynamics is set to $271.00. In the second quarter, General Dynamics showed an EPS of $2.70, compared to $2.75 from the year-ago quarter. The stock has a 52-week-high of $256.80 and a 52-week-low of $202.35. At the end of the last trading period, General Dynamics closed at $221.00.

With a Hold rating, Deutsche Bank initiated coverage on L3Harris Technologies Inc LHX. The price target seems to have been set at $192.00 for L3Harris Technologies. In the second quarter, L3Harris Technologies showed an EPS of $2.97, compared to $6.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $255.02 and a 52-week-low of $167.14. L3Harris Technologies closed at $175.20 at the end of the last trading period.

With a Hold rating, Deutsche Bank initiated coverage on Huntington Ingalls Industries Inc HII. The price target seems to have been set at $217.00 for Huntington Ingalls Indus. For the second quarter, Huntington Ingalls Indus had an EPS of $3.27, compared to year-ago quarter EPS of $4.44. The current stock performance of Huntington Ingalls Indus shows a 52-week-high of $260.02 and a 52-week-low of $188.51. Moreover, at the end of the last trading period, the closing price was at $203.19.

Deutsche Bank initiated coverage on BWX Technologies Inc BWXT with a Buy rating. The price target for BWX Technologies is set to $86.00. For the second quarter, BWX Technologies had an EPS of $0.65, compared to year-ago quarter EPS of $0.82. The current stock performance of BWX Technologies shows a 52-week-high of $76.93 and a 52-week-low of $49.80. Moreover, at the end of the last trading period, the closing price was at $74.38.

With a Buy rating, Stifel initiated coverage on Ciena Corp CIEN. The price target seems to have been set at $62.00 for Ciena. For the third quarter, Ciena had an EPS of $0.59, compared to year-ago quarter EPS of $0.33. The stock has a 52-week-high of $54.25 and a 52-week-low of $38.35. At the end of the last trading period, Ciena closed at $46.05.

With a Buy rating, Stifel initiated coverage on Infinera Corp INFN. The price target seems to have been set at $7.00 for Infinera. In the second quarter, Infinera showed an EPS of $0.00, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $7.80 and a 52-week-low of $3.62. At the end of the last trading period, Infinera closed at $3.89.

Scotiabank initiated coverage on JFrog Ltd FROG with a Sector Perform rating. The price target for JFrog is set to $29.00. JFrog earned $0.11 in the second quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $30.94 and a 52-week-low of $17.11. At the end of the last trading period, JFrog closed at $25.73.

See all analyst ratings initiations.

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