Upgrades
According to B of A Securities, the prior rating for Clearway Energy Inc (NYSE:CWEN) was changed from Neutral to Buy. In the second quarter, Clearway Energy showed an EPS of $0.33, compared to $4.37 from the year-ago quarter. The stock has a 52-week-high of $36.54 and a 52-week-low of $18.59. At the end of the last trading period, Clearway Energy closed at $18.76.
According to Truist Securities, the prior rating for Frontdoor Inc (NASDAQ:FTDR) was changed from Hold to Buy. Frontdoor earned $0.87 in the second quarter, compared to $0.53 in the year-ago quarter. The current stock performance of Frontdoor shows a 52-week-high of $38.97 and a 52-week-low of $19.06. Moreover, at the end of the last trading period, the closing price was at $29.31.
B of A Securities upgraded the previous rating for Xcel Energy Inc (NASDAQ:XEL) from Neutral to Buy. For the second quarter, Xcel Energy had an EPS of $0.52, compared to year-ago quarter EPS of $0.60. At the moment, the stock has a 52-week-high of $72.99 and a 52-week-low of $53.73. Xcel Energy closed at $56.48 at the end of the last trading period.
JP Morgan upgraded the previous rating for WESCO International Inc (NYSE:WCC) from Neutral to Overweight. For the second quarter, WESCO Intl had an EPS of $3.71, compared to year-ago quarter EPS of $4.19. At the moment, the stock has a 52-week-high of $185.23 and a 52-week-low of $114.21. WESCO Intl closed at $139.83 at the end of the last trading period.
JP Morgan upgraded the previous rating for Eaton Corp PLC (NYSE:ETN) from Neutral to Overweight. Eaton Corp earned $2.21 in the second quarter, compared to $1.87 in the year-ago quarter. The stock has a 52-week-high of $240.44 and a 52-week-low of $132.07. At the end of the last trading period, Eaton Corp closed at $203.18.
JP Morgan upgraded the previous rating for Trane Technologies PLC (NYSE:TT) from Underweight to Neutral. Trane Technologies earned $2.68 in the second quarter, compared to $2.16 in the year-ago quarter. The stock has a 52-week-high of $211.58 and a 52-week-low of $139.19. At the end of the last trading period, Trane Technologies closed at $200.82.
TD Cowen upgraded the previous rating for TE Connectivity Ltd (NYSE:TEL) from Market Perform to Outperform. In the third quarter, TE Connectivity showed an EPS of $1.77, compared to $1.86 from the year-ago quarter. At the moment, the stock has a 52-week-high of $146.59 and a 52-week-low of $104.94. TE Connectivity closed at $120.93 at the end of the last trading period.
According to JP Morgan, the prior rating for Apellis Pharmaceuticals Inc (NASDAQ:APLS) was changed from Neutral to Overweight. In the second quarter, Apellis Pharmaceuticals showed an EPS of $1.02, compared to $1.46 from the year-ago quarter. The current stock performance of Apellis Pharmaceuticals shows a 52-week-high of $94.75 and a 52-week-low of $19.83. Moreover, at the end of the last trading period, the closing price was at $39.64.
For Columbia Banking System Inc (NASDAQ:COLB), UBS upgraded the previous rating of Sell to Neutral. Columbia Banking System earned $0.81 in the second quarter, compared to $0.75 in the year-ago quarter. The stock has a 52-week-high of $35.53 and a 52-week-low of $17.54. At the end of the last trading period, Columbia Banking System closed at $19.43.
For e.l.f. Beauty Inc (NYSE:ELF), Jefferies upgraded the previous rating of Hold to Buy. In the first quarter, e.l.f. Beauty showed an EPS of $1.10, compared to $0.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $139.85 and a 52-week-low of $37.31. e.l.f. Beauty closed at $96.55 at the end of the last trading period.
According to UBS, the prior rating for BHP Group Ltd (NYSE:BHP) was changed from Sell to Neutral. NoneThe stock has a 52-week-high of $71.52 and a 52-week-low of $46.92. At the end of the last trading period, BHP Group closed at $55.33.
UBS upgraded the previous rating for Rio Tinto PLC (NYSE:RIO) from Sell to Neutral. NoneThe stock has a 52-week-high of $80.52 and a 52-week-low of $52.28. At the end of the last trading period, Rio Tinto closed at $60.90.
See all analyst ratings upgrades.
Downgrades
DA Davidson downgraded the previous rating for LCI Industries Inc (NYSE:LCII) from Neutral to Underperform. In the second quarter, LCI Indus showed an EPS of $1.31, compared to $6.06 from the year-ago quarter. The stock has a 52-week-high of $137.07 and a 52-week-low of $89.43. At the end of the last trading period, LCI Indus closed at $115.41.
JP Morgan downgraded the previous rating for Carrier Global Corp (NYSE:CARR) from Neutral to Underweight. For the second quarter, Carrier Global had an EPS of $0.79, compared to year-ago quarter EPS of $0.70. The stock has a 52-week-high of $60.04 and a 52-week-low of $33.11. At the end of the last trading period, Carrier Global closed at $53.51.
For Venus Concept Inc (NASDAQ:VERO), BTIG downgraded the previous rating of Buy to Neutral. For the second quarter, Venus Concept had an EPS of $1.35, compared to year-ago quarter EPS of $2.40. At the moment, the stock has a 52-week-high of $8.25 and a 52-week-low of $1.51. Venus Concept closed at $2.07 at the end of the last trading period.
For SP Plus Corp (NASDAQ:SP), William Blair downgraded the previous rating of Outperform to Market Perform. For the second quarter, SP Plus had an EPS of $0.78, compared to year-ago quarter EPS of $0.81. At the moment, the stock has a 52-week-high of $52.40 and a 52-week-low of $31.13. SP Plus closed at $51.22 at the end of the last trading period.
According to UBS, the prior rating for The AES Corp (NYSE:AES) was changed from Buy to Neutral. In the second quarter, AES showed an EPS of $0.21, compared to $0.34 from the year-ago quarter. The stock has a 52-week-high of $29.87 and a 52-week-low of $12.36. At the end of the last trading period, AES closed at $12.61.
See all analyst ratings downgrades.
Initiations
For RayzeBio inc (NASDAQ:RYZB), William Blair initiated coverage, by setting the current rating at Outperform. The stock has a 52-week-high of $26.00 and a 52-week-low of $17.95. At the end of the last trading period, RayzeBio closed at $20.06.
For Roku Inc (NASDAQ:ROKU), Seaport Global initiated coverage, by setting the current rating at Neutral. In the second quarter, Roku showed an EPS of $0.76, compared to $0.82 from the year-ago quarter. At the moment, the stock has a 52-week-high of $98.44 and a 52-week-low of $38.27. Roku closed at $70.04 at the end of the last trading period.
For FuboTV Inc (NYSE:FUBO), Seaport Global initiated coverage, by setting the current rating at Neutral. For the second quarter, FuboTV had an EPS of $0.12, compared to year-ago quarter EPS of $0.45. At the moment, the stock has a 52-week-high of $4.72 and a 52-week-low of $0.96. FuboTV closed at $2.43 at the end of the last trading period.
Citigroup initiated coverage on Veralto Corp (NYSE:VLTO) with a Neutral rating. The price target for Veralto is set to $87.00. At the moment, the stock has a 52-week-high of $89.00 and a 52-week-low of $72.65. Veralto closed at $74.45 at the end of the last trading period.
Barclays initiated coverage on Vestis Corp (NYSE:VSTS) with a Equal-Weight rating. The price target for Vestis is set to $17.00. At the moment, the stock has a 52-week-high of $19.31 and a 52-week-low of $14.95. Vestis closed at $15.65 at the end of the last trading period.
Stifel initiated coverage on WK Kellogg Co (NYSE:KLG) with a Hold rating. The price target for WK Kellogg is set to $11.00. The current stock performance of WK Kellogg shows a 52-week-high of $21.00 and a 52-week-low of $9.85. Moreover, at the end of the last trading period, the closing price was at $10.19.
Bernstein initiated coverage on Fox Corp (NASDAQ:FOXA) with a Market Perform rating. The price target for Fox is set to $32.00. For the fourth quarter, Fox had an EPS of $0.88, compared to year-ago quarter EPS of $0.74. The stock has a 52-week-high of $37.26 and a 52-week-low of $28.02. At the end of the last trading period, Fox closed at $30.20.
TD Cowen initiated coverage on Block Inc (NYSE:SQ) with an Outperform rating. The price target for Block is set to $59.00. In the second quarter, Block showed an EPS of $0.39, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $89.97 and a 52-week-low of $40.77. At the end of the last trading period, Block closed at $42.64.
Bernstein initiated coverage on Netflix Inc (NASDAQ:NFLX) with a Market Perform rating. The price target for Netflix is set to $375.00. Netflix earned $3.29 in the second quarter, compared to $3.20 in the year-ago quarter. The stock has a 52-week-high of $485.00 and a 52-week-low of $211.81. At the end of the last trading period, Netflix closed at $372.59.
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