Benzinga's Top Ratings Upgrades, Downgrades For September 27, 2023
Upgrades
For Telos Corp (NASDAQ:TLS), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. In the second quarter, Telos showed an EPS of $0.03, compared to $0.04 from the year-ago quarter. The current stock performance of Telos shows a 52-week-high of $11.23 and a 52-week-low of $1.53. Moreover, at the end of the last trading period, the closing price was at $1.94.
According to Maxim Group, the prior rating for Cyclo Therapeutics Inc (NASDAQ:CYTH) was changed from Hold to Buy. Cyclo Therapeutics earned $0.33 in the second quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.57 and a 52-week-low of $0.67. Cyclo Therapeutics closed at $1.46 at the end of the last trading period.
According to DA Davidson, the prior rating for REV Group Inc (NYSE:REVG) was changed from Neutral to Buy. In the third quarter, REV Group showed an EPS of $0.35, compared to $0.24 from the year-ago quarter. The current stock performance of REV Group shows a 52-week-high of $16.36 and a 52-week-low of $9.85. Moreover, at the end of the last trading period, the closing price was at $15.17.
For Horizon Technology Finance Corp (NASDAQ:HRZN), Compass Point upgraded the previous rating of Sell to Neutral. For the second quarter, Horizon Tech Finance had an EPS of $0.54, compared to year-ago quarter EPS of $0.35. At the moment, the stock has a 52-week-high of $13.45 and a 52-week-low of $9.68. Horizon Tech Finance closed at $11.38 at the end of the last trading period.
For WW International Inc (NASDAQ:WW), Craig-Hallum upgraded the previous rating of Sell to Hold. In the second quarter, WW International showed an EPS of $0.04, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.38 and a 52-week-low of $3.28. WW International closed at $10.29 at the end of the last trading period.
For Kosmos Energy Ltd (NYSE:KOS), B of A Securities upgraded the previous rating of Neutral to Buy. For the second quarter, Kosmos Energy had an EPS of $0.06, compared to year-ago quarter EPS of $0.28. The current stock performance of Kosmos Energy shows a 52-week-high of $8.55 and a 52-week-low of $4.64. Moreover, at the end of the last trading period, the closing price was at $7.70.
For Jack Henry & Associates Inc (NASDAQ:JKHY), DA Davidson upgraded the previous rating of Neutral to Buy. In the fourth quarter, Jack Henry & Associates showed an EPS of $1.34, compared to $1.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $202.60 and a 52-week-low of $139.28. Jack Henry & Associates closed at $147.54 at the end of the last trading period.
For XPO Inc (NYSE:XPO), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. In the second quarter, XPO showed an EPS of $0.71, compared to $1.81 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.77 and a 52-week-low of $24.84. XPO closed at $68.04 at the end of the last trading period.
According to Piper Sandler, the prior rating for Guardant Health Inc (NASDAQ:GH) was changed from Neutral to Overweight. In the second quarter, Guardant Health showed an EPS of $0.82, compared to $1.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $62.55 and a 52-week-low of $20.67. Guardant Health closed at $25.80 at the end of the last trading period.
For Packaging Corp of America (NYSE:PKG), Jefferies upgraded the previous rating of Underperform to Hold. Packaging Corp of America earned $2.31 in the second quarter, compared to $3.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $158.66 and a 52-week-low of $110.59. Packaging Corp of America closed at $149.12 at the end of the last trading period.
According to Jefferies, the prior rating for International Paper Co (NYSE:IP) was changed from Underperform to Hold. International Paper earned $0.59 in the second quarter, compared to $1.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $41.89 and a 52-week-low of $29.00. International Paper closed at $34.53 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Commerce Bancshares Inc (NASDAQ:CBSH) was changed from Underweight to Equal-Weight. In the second quarter, Commerce Bancshares showed an EPS of $1.02, compared to $0.92 from the year-ago quarter. The stock has a 52-week-high of $71.87 and a 52-week-low of $45.55. At the end of the last trading period, Commerce Bancshares closed at $46.98.
For DocuSign Inc (NASDAQ:DOCU), HSBC upgraded the previous rating of Reduce to Hold. For the second quarter, DocuSign had an EPS of $0.72, compared to year-ago quarter EPS of $0.44. The stock has a 52-week-high of $69.45 and a 52-week-low of $39.59. At the end of the last trading period, DocuSign closed at $41.04.
According to HSBC, the prior rating for Johnson Controls International PLC (NYSE:JCI) was changed from Hold to Buy. Johnson Controls Intl earned $1.03 in the third quarter, compared to $0.85 in the year-ago quarter. The stock has a 52-week-high of $70.43 and a 52-week-low of $48.84. At the end of the last trading period, Johnson Controls Intl closed at $54.18.
For Liberty Latin America Ltd (NASDAQ:LILA), Scotiabank upgraded the previous rating of Sector Underperform to Sector Perform. In the second quarter, Liberty Latin America showed an EPS of $0.17, compared to $0.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.01 and a 52-week-low of $5.90. Liberty Latin America closed at $7.89 at the end of the last trading period.
According to Raymond James, the prior rating for Immunovant Inc (NASDAQ:IMVT) was changed from Market Perform to Outperform. For the first quarter, Immunovant had an EPS of $0.57, compared to year-ago quarter EPS of $0.35. The current stock performance of Immunovant shows a 52-week-high of $41.72 and a 52-week-low of $4.27. Moreover, at the end of the last trading period, the closing price was at $39.96.
See all analyst ratings upgrades.
Downgrades
For Byrna Technologies Inc (NASDAQ:BYRN), Dawson James downgraded the previous rating of Buy to Neutral. For the second quarter, Byrna Technologies had an EPS of $0.03, compared to year-ago quarter EPS of $0.05. The current stock performance of Byrna Technologies shows a 52-week-high of $10.38 and a 52-week-low of $2.60. Moreover, at the end of the last trading period, the closing price was at $2.75.
According to DA Davidson, the prior rating for Wabash National Corp (NYSE:WNC) was changed from Buy to Neutral. In the second quarter, Wabash National showed an EPS of $1.54, compared to $0.46 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.10 and a 52-week-low of $15.06. Wabash National closed at $22.15 at the end of the last trading period.
Morgan Stanley downgraded the previous rating for Traeger Inc (NYSE:COOK) from Equal-Weight to Underweight. Traeger earned $0.04 in the second quarter, compared to $0.03 in the year-ago quarter. At the moment, the stock has a 52-week-high of $6.70 and a 52-week-low of $2.48. Traeger closed at $2.83 at the end of the last trading period.
According to Gordon Haskett, the prior rating for Tractor Supply Co (NASDAQ:TSCO) was changed from Buy to Accumulate. In the second quarter, Tractor Supply showed an EPS of $3.83, compared to $3.53 from the year-ago quarter. The stock has a 52-week-high of $251.17 and a 52-week-low of $181.52. At the end of the last trading period, Tractor Supply closed at $203.03.
According to Truist Securities, the prior rating for SouthState Corp (NASDAQ:SSB) was changed from Buy to Hold. In the second quarter, SouthState showed an EPS of $1.63, compared to $1.62 from the year-ago quarter. At the moment, the stock has a 52-week-high of $91.53 and a 52-week-low of $59.51. SouthState closed at $67.42 at the end of the last trading period.
Gordon Haskett downgraded the previous rating for Burlington Stores Inc (NYSE:BURL) from Buy to Hold. Burlington Stores earned $0.60 in the second quarter, compared to $0.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $239.94 and a 52-week-low of $106.81. Burlington Stores closed at $132.40 at the end of the last trading period.
According to Gordon Haskett, the prior rating for Macy's Inc (NYSE:M) was changed from Buy to Hold. In the second quarter, Macy's showed an EPS of $0.26, compared to $1.00 from the year-ago quarter. The current stock performance of Macy's shows a 52-week-high of $25.12 and a 52-week-low of $10.66. Moreover, at the end of the last trading period, the closing price was at $10.84.
For TrueCar Inc (NASDAQ:TRUE), BTIG downgraded the previous rating of Buy to Neutral. In the second quarter, TrueCar showed an EPS of $0.23, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3.49 and a 52-week-low of $1.30. TrueCar closed at $2.24 at the end of the last trading period.
According to HC Wainwright & Co., the prior rating for Intercept Pharmaceuticals Inc (NASDAQ:ICPT) was changed from Buy to Neutral. In the second quarter, Intercept Pharma showed an EPS of $0.14, compared to $0.25 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.86 and a 52-week-low of $8.82. Intercept Pharma closed at $18.71 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Zions Bancorp NA (NASDAQ:ZION) was changed from Equal-Weight to Underweight. For the second quarter, Zions Bancorp had an EPS of $1.11, compared to year-ago quarter EPS of $1.29. At the moment, the stock has a 52-week-high of $56.10 and a 52-week-low of $18.26. Zions Bancorp closed at $33.99 at the end of the last trading period.
According to Morgan Stanley, the prior rating for Valley National Bancorp (NASDAQ:VLY) was changed from Equal-Weight to Underweight. For the second quarter, Valley Ntl had an EPS of $0.28, compared to year-ago quarter EPS of $0.32. The current stock performance of Valley Ntl shows a 52-week-high of $13.06 and a 52-week-low of $6.38. Moreover, at the end of the last trading period, the closing price was at $8.48.
According to Raymond James, the prior rating for Byrna Technologies Inc (NASDAQ:BYRN) was changed from Strong Buy to Market Perform. Byrna Technologies earned $0.03 in the second quarter, compared to $0.05 in the year-ago quarter. The current stock performance of Byrna Technologies shows a 52-week-high of $10.38 and a 52-week-low of $2.60. Moreover, at the end of the last trading period, the closing price was at $2.75.
According to BTIG, the prior rating for Splunk Inc (NASDAQ:SPLK) was changed from Buy to Neutral. Splunk earned $0.71 in the second quarter, compared to $0.09 in the year-ago quarter. The stock has a 52-week-high of $145.90 and a 52-week-low of $65.00. At the end of the last trading period, Splunk closed at $145.65.
Canaccord Genuity downgraded the previous rating for Intercept Pharmaceuticals Inc (NASDAQ:ICPT) from Buy to Hold. For the second quarter, Intercept Pharma had an EPS of $0.14, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $21.86 and a 52-week-low of $8.82. Intercept Pharma closed at $18.71 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
Noble Capital Markets initiated coverage on Eledon Pharmaceuticals Inc (NASDAQ:ELDN) with an Outperform rating. The price target for Eledon Pharma is set to $10.00. For the second quarter, Eledon Pharma had an EPS of $0.40, compared to year-ago quarter EPS of $0.65. At the moment, the stock has a 52-week-high of $3.70 and a 52-week-low of $1.08. Eledon Pharma closed at $1.25 at the end of the last trading period.
With an Outperform rating, TD Cowen initiated coverage on Levi Strauss & Co (NYSE:LEVI). The price target seems to have been set at $16.00 for Levi Strauss. In the second quarter, Levi Strauss showed an EPS of $0.04, compared to $0.29 from the year-ago quarter. The current stock performance of Levi Strauss shows a 52-week-high of $19.36 and a 52-week-low of $12.78. Moreover, at the end of the last trading period, the closing price was at $12.92.
Janney Montgomery Scott initiated coverage on ChoiceOne Financial Services Inc (NASDAQ:COFS) with a Neutral rating. The price target for ChoiceOne Finl Servs is set to $24.00. In the second quarter, ChoiceOne Finl Servs showed an EPS of $0.69, compared to $0.75 from the year-ago quarter. The stock has a 52-week-high of $29.99 and a 52-week-low of $20.33. At the end of the last trading period, ChoiceOne Finl Servs closed at $22.03.
With a Buy rating, B of A Securities initiated coverage on Leonardo DRS Inc (NASDAQ:DRS). The price target seems to have been set at $20.00 for Leonardo DRS. Leonardo DRS earned $0.15 in the second quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Leonardo DRS shows a 52-week-high of $17.96 and a 52-week-low of $9.11. Moreover, at the end of the last trading period, the closing price was at $16.41.
Morgan Stanley initiated coverage on Hasbro Inc (NASDAQ:HAS) with an Overweight rating. The price target for Hasbro is set to $84.00. For the second quarter, Hasbro had an EPS of $0.49, compared to year-ago quarter EPS of $1.15. The stock has a 52-week-high of $73.58 and a 52-week-low of $45.75. At the end of the last trading period, Hasbro closed at $65.27.
With a Equal-Weight rating, Morgan Stanley initiated coverage on Brunswick Corp (NYSE:BC). The price target seems to have been set at $84.00 for Brunswick. Brunswick earned $2.35 in the second quarter, compared to $2.82 in the year-ago quarter. The current stock performance of Brunswick shows a 52-week-high of $93.15 and a 52-week-low of $64.57. Moreover, at the end of the last trading period, the closing price was at $78.37.
With a Equal-Weight rating, Morgan Stanley initiated coverage on Polaris Inc (NYSE:PII). The price target seems to have been set at $120.00 for Polaris. Polaris earned $2.42 in the second quarter, compared to $2.42 in the year-ago quarter. The current stock performance of Polaris shows a 52-week-high of $138.49 and a 52-week-low of $91.89. Moreover, at the end of the last trading period, the closing price was at $102.28.
RBC Capital initiated coverage on WEC Energy Group Inc (NYSE:WEC) with a Sector Perform rating. The price target for WEC Energy Group is set to $95.00. WEC Energy Group earned $0.92 in the second quarter, compared to $0.91 in the year-ago quarter. The current stock performance of WEC Energy Group shows a 52-week-high of $101.00 and a 52-week-low of $80.91. Moreover, at the end of the last trading period, the closing price was at $81.64.
UBS initiated coverage on e.l.f. Beauty Inc (NYSE:ELF) with a Buy rating. The price target for e.l.f. Beauty is set to $138.00. For the first quarter, e.l.f. Beauty had an EPS of $1.10, compared to year-ago quarter EPS of $0.39. At the moment, the stock has a 52-week-high of $139.85 and a 52-week-low of $36.84. e.l.f. Beauty closed at $109.29 at the end of the last trading period.
With a Buy rating, Berenberg initiated coverage on Twist Bioscience Corp (NASDAQ:TWST). The price target seems to have been set at $27.00 for Twist Bioscience. In the third quarter, Twist Bioscience showed an EPS of $1.01, compared to $1.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $40.49 and a 52-week-low of $11.46. Twist Bioscience closed at $19.87 at the end of the last trading period.
UBS initiated coverage on Blink Charging Co (NASDAQ:BLNK) with a Buy rating. The price target for Blink Charging is set to $7.00. Blink Charging earned $0.44 in the second quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $19.60 and a 52-week-low of $2.88. Blink Charging closed at $2.93 at the end of the last trading period.
UBS initiated coverage on Belden Inc (NYSE:BDC) with a Buy rating. The price target for Belden is set to $115.00. For the second quarter, Belden had an EPS of $1.91, compared to year-ago quarter EPS of $1.60. The stock has a 52-week-high of $99.13 and a 52-week-low of $58.88. At the end of the last trading period, Belden closed at $92.31.
With a Buy rating, UBS initiated coverage on Vontier Corp (NYSE:VNT). The price target seems to have been set at $38.00 for Vontier. Vontier earned $0.67 in the second quarter, compared to $0.72 in the year-ago quarter. The stock has a 52-week-high of $33.08 and a 52-week-low of $16.55. At the end of the last trading period, Vontier closed at $29.85.
With a Sell rating, UBS initiated coverage on Lincoln Electric Holdings Inc (NASDAQ:LECO). The price target seems to have been set at $170.00 for Lincoln Electric Holdings. In the second quarter, Lincoln Electric Holdings showed an EPS of $2.44, compared to $2.18 from the year-ago quarter. The stock has a 52-week-high of $210.86 and a 52-week-low of $120.17. At the end of the last trading period, Lincoln Electric Holdings closed at $178.01.
UBS initiated coverage on Teledyne Technologies Inc (NYSE:TDY) with a Buy rating. The price target for Teledyne Technologies is set to $495.00. For the second quarter, Teledyne Technologies had an EPS of $4.67, compared to year-ago quarter EPS of $4.43. The current stock performance of Teledyne Technologies shows a 52-week-high of $448.71 and a 52-week-low of $325.68. Moreover, at the end of the last trading period, the closing price was at $407.26.
UBS initiated coverage on ESAB Corp (NYSE:ESAB) with a Neutral rating. The price target for ESAB is set to $78.00. In the second quarter, ESAB showed an EPS of $1.28, compared to $1.14 from the year-ago quarter. The stock has a 52-week-high of $74.15 and a 52-week-low of $32.20. At the end of the last trading period, ESAB closed at $69.18.
For Granite Ridge Resources Inc (NYSE:GRNT), Stephens & Co. initiated coverage, by setting the current rating at Overweight. For the second quarter, Granite Ridge Resources had an EPS of $0.19, compared to year-ago quarter EPS of $0.61. The stock has a 52-week-high of $13.76 and a 52-week-low of $4.82. At the end of the last trading period, Granite Ridge Resources closed at $6.01.
With an Overweight rating, Morgan Stanley initiated coverage on Mattel Inc (NASDAQ:MAT). The price target seems to have been set at $27.00 for Mattel. In the second quarter, Mattel showed an EPS of $0.10, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $22.64 and a 52-week-low of $15.36. At the end of the last trading period, Mattel closed at $21.22.
With a Market Outperform rating, JMP Securities initiated coverage on Allakos Inc (NASDAQ:ALLK). The price target seems to have been set at $11.00 for Allakos. Allakos earned $0.41 in the second quarter, compared to $0.90 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.73 and a 52-week-low of $2.02. Allakos closed at $2.16 at the end of the last trading period.
With a Buy rating, B. Riley Securities initiated coverage on Verastem Inc (NASDAQ:VSTM). The price target seems to have been set at $21.00 for Verastem. Verastem earned $1.06 in the second quarter, compared to $1.32 in the year-ago quarter. The current stock performance of Verastem shows a 52-week-high of $15.18 and a 52-week-low of $3.47. Moreover, at the end of the last trading period, the closing price was at $8.95.
With a Buy rating, UBS initiated coverage on ChargePoint Holdings Inc (NYSE:CHPT). The price target seems to have been set at $9.00 for ChargePoint Hldgs. ChargePoint Hldgs earned $0.24 in the second quarter, compared to $0.18 in the year-ago quarter. The current stock performance of ChargePoint Hldgs shows a 52-week-high of $16.59 and a 52-week-low of $4.73. Moreover, at the end of the last trading period, the closing price was at $4.85.
With a Buy rating, DA Davidson initiated coverage on SoundHound AI Inc (NASDAQ:SOUN). The price target seems to have been set at $5.00 for SoundHound AI. For the second quarter, SoundHound AI had an EPS of $0.10, compared to year-ago quarter EPS of $0.19. The stock has a 52-week-high of $5.11 and a 52-week-low of $0.93. At the end of the last trading period, SoundHound AI closed at $1.60.
William Blair initiated coverage on SharkNinja Inc (NYSE:SN) with an Outperform rating. For the second quarter, SharkNinja had an EPS of $0.47, compared to year-ago quarter EPS of $0.33. The current stock performance of SharkNinja shows a 52-week-high of $52.90 and a 52-week-low of $25.84. Moreover, at the end of the last trading period, the closing price was at $43.00.
Canaccord Genuity initiated coverage on Progyny Inc (NASDAQ:PGNY) with a Buy rating. The price target for Progyny is set to $46.00. Progyny earned $0.15 in the second quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $45.98 and a 52-week-low of $28.03. Progyny closed at $34.21 at the end of the last trading period.
With an Overweight rating, Stephens & Co. initiated coverage on Crescent Energy Co (NYSE:CRGY). The price target seems to have been set at $17.00 for Crescent Energy. For the second quarter, Crescent Energy had an EPS of $0.51, compared to year-ago quarter EPS of $1.30. The current stock performance of Crescent Energy shows a 52-week-high of $16.38 and a 52-week-low of $9.17. Moreover, at the end of the last trading period, the closing price was at $12.21.
Stifel initiated coverage on Nuvalent Inc (NASDAQ:NUVL) with a Buy rating. The price target for Nuvalent is set to $65.00. For the second quarter, Nuvalent had an EPS of $0.51, compared to year-ago quarter EPS of $0.38. At the moment, the stock has a 52-week-high of $50.59 and a 52-week-low of $16.23. Nuvalent closed at $42.08 at the end of the last trading period.
Mizuho initiated coverage on CRISPR Therapeutics AG (NASDAQ:CRSP) with a Buy rating. The price target for CRISPR Therapeutics is set to $82.00. In the second quarter, CRISPR Therapeutics showed an EPS of $0.98, compared to $2.40 from the year-ago quarter. The stock has a 52-week-high of $72.00 and a 52-week-low of $38.94. At the end of the last trading period, CRISPR Therapeutics closed at $46.11.
