Upgrades
Barclays upgraded the previous rating for PPG Industries Inc (NYSE:PPG) from Equal-Weight to Overweight. For the second quarter, PPG Indus had an EPS of $2.25, compared to year-ago quarter EPS of $1.81. The stock has a 52-week-high of $152.89 and a 52-week-low of $107.46. At the end of the last trading period, PPG Indus closed at $130.28.
According to Barclays, the prior rating for O-I Glass Inc (NYSE:OI) was changed from Underweight to Equal-Weight. In the second quarter, O-I Glass showed an EPS of $0.88, compared to $0.73 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.57 and a 52-week-low of $14.06. O-I Glass closed at $15.73 at the end of the last trading period.
For Iris Energy Ltd (NASDAQ:IREN), JP Morgan upgraded the previous rating of Neutral to Overweight. NoneThe stock has a 52-week-high of $8.06 and a 52-week-low of $1.02. At the end of the last trading period, Iris Energy closed at $3.27.
JP Morgan upgraded the previous rating for CSX Corp (NASDAQ:CSX) from Neutral to Overweight. For the second quarter, CSX had an EPS of $0.49, compared to year-ago quarter EPS of $0.50. The stock has a 52-week-high of $34.38 and a 52-week-low of $25.81. At the end of the last trading period, CSX closed at $31.54.
Morgan Stanley upgraded the previous rating for Cava Group Inc (NYSE:CAVA) from Equal-Weight to Overweight. For the second quarter, Cava Group had an EPS of $0.21, compared to year-ago quarter EPS of $6.23. The stock has a 52-week-high of $58.10 and a 52-week-low of $29.05. At the end of the last trading period, Cava Group closed at $32.08.
See all analyst ratings upgrades.
Downgrades
For Olin Corp (NYSE:OLN), Barclays downgraded the previous rating of Overweight to Equal-Weight. Olin earned $1.13 in the second quarter, compared to $2.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $64.70 and a 52-week-low of $45.05. Olin closed at $48.65 at the end of the last trading period.
JP Morgan downgraded the previous rating for EverCommerce Inc (NASDAQ:EVCM) from Overweight to Neutral. In the second quarter, EverCommerce showed an EPS of $0.00, compared to $0.07 from the year-ago quarter. The stock has a 52-week-high of $13.47 and a 52-week-low of $5.87. At the end of the last trading period, EverCommerce closed at $9.99.
Piper Sandler downgraded the previous rating for Arista Networks Inc (NYSE:ANET) from Overweight to Neutral. For the second quarter, Arista Networks had an EPS of $1.58, compared to year-ago quarter EPS of $1.08. The stock has a 52-week-high of $198.70 and a 52-week-low of $98.72. At the end of the last trading period, Arista Networks closed at $194.73.
For RXO Inc (NYSE:RXO), JP Morgan downgraded the previous rating of Neutral to Underweight. RXO earned $0.08 in the second quarter, compared to $0.56 in the year-ago quarter. The current stock performance of RXO shows a 52-week-high of $23.74 and a 52-week-low of $14.75. Moreover, at the end of the last trading period, the closing price was at $19.72.
For HubSpot Inc (NYSE:HUBS), Raymond James downgraded the previous rating of Strong Buy to Outperform. For the second quarter, HubSpot had an EPS of $1.34, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $581.40 and a 52-week-low of $245.85. HubSpot closed at $467.80 at the end of the last trading period.
For Perimeter Solutions SA (NYSE:PRM), UBS downgraded the previous rating of Buy to Neutral. Perimeter Solutions earned $0.31 in the second quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $11.24 and a 52-week-low of $3.67. At the end of the last trading period, Perimeter Solutions closed at $3.87.
For Silk Road Medical Inc (NASDAQ:SILK), B. Riley Securities downgraded the previous rating of Buy to Neutral. Silk Road Medical earned $0.35 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $58.04 and a 52-week-low of $13.80. At the end of the last trading period, Silk Road Medical closed at $13.99.
According to Stifel, the prior rating for Silk Road Medical Inc (NASDAQ:SILK) was changed from Buy to Hold. In the second quarter, Silk Road Medical showed an EPS of $0.35, compared to $0.45 from the year-ago quarter. The stock has a 52-week-high of $58.04 and a 52-week-low of $13.80. At the end of the last trading period, Silk Road Medical closed at $13.99.
UBS downgraded the previous rating for RTX Corp (NYSE:RTX) from Buy to Neutral. For the second quarter, RTX had an EPS of $1.29, compared to year-ago quarter EPS of $1.16. At the moment, the stock has a 52-week-high of $108.84 and a 52-week-low of $68.56. RTX closed at $73.35 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
For Robinhood Markets Inc (NASDAQ:HOOD), Needham initiated coverage, by setting the current rating at Hold. In the second quarter, Robinhood Markets showed an EPS of $0.03, compared to $0.34 from the year-ago quarter. The stock has a 52-week-high of $13.23 and a 52-week-low of $7.57. At the end of the last trading period, Robinhood Markets closed at $10.04.
Evercore ISI Group initiated coverage on RayzeBio inc (NASDAQ:RYZB) with an Outperform rating. At the moment, the stock has a 52-week-high of $26.00 and a 52-week-low of $17.95. RayzeBio closed at $20.00 at the end of the last trading period.
For Cipher Mining Inc (NASDAQ:CIFR), JP Morgan initiated coverage, by setting the current rating at Neutral. For the second quarter, Cipher Mining had an EPS of $0.04, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $5.29 and a 52-week-low of $0.38. Cipher Mining closed at $2.59 at the end of the last trading period.
UBS initiated coverage on Boeing Co (NYSE:BA) with a Buy rating. The price target for Boeing is set to $275.00. Boeing earned $0.82 in the second quarter, compared to $0.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $243.10 and a 52-week-low of $124.24. Boeing closed at $193.53 at the end of the last trading period.
UBS initiated coverage on Woodward Inc (NASDAQ:WWD) with a Buy rating. The price target for Woodward is set to $152.00. In the third quarter, Woodward showed an EPS of $1.37, compared to $0.64 from the year-ago quarter. The stock has a 52-week-high of $133.15 and a 52-week-low of $81.52. At the end of the last trading period, Woodward closed at $128.35.
With a Sell rating, UBS initiated coverage on Textron Inc (NYSE:TXT). The price target seems to have been set at $73.00 for Textron. For the second quarter, Textron had an EPS of $1.46, compared to year-ago quarter EPS of $1.00. The stock has a 52-week-high of $80.60 and a 52-week-low of $58.90. At the end of the last trading period, Textron closed at $79.07.
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