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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For August 19, 2022

Upgrades

For Foot Locker Inc (NYSE:FL), Citigroup upgraded the previous rating of Sell to Neutral. For the second quarter, Foot Locker had an EPS of $1.10, compared to year-ago quarter EPS of $2.21. At the moment, the stock has a 52-week-high of $47.42 and a 52-week-low of $23.85. Foot Locker closed at $31.98 at the end of the last trading period.

B of A Securities upgraded the previous rating for Foot Locker Inc (NYSE:FL) from Underperform to Neutral. For the second quarter, Foot Locker had an EPS of $1.10, compared to year-ago quarter EPS of $2.21. The stock has a 52-week-high of $47.42 and a 52-week-low of $23.85. At the end of the last trading period, Foot Locker closed at $31.98.

Raymond James upgraded the previous rating for Vulcan Materials Co (NYSE:VMC) from Market Perform to Outperform. In the second quarter, Vulcan Materials showed an EPS of $1.53, compared to $1.57 from the year-ago quarter. The stock has a 52-week-high of $213.65 and a 52-week-low of $137.54. At the end of the last trading period, Vulcan Materials closed at $177.79.

For DaVita Inc (NYSE:DVA), UBS upgraded the previous rating of Neutral to Buy. DaVita earned $2.30 in the second quarter, compared to $2.64 in the year-ago quarter. The stock has a 52-week-high of $124.81 and a 52-week-low of $74.97. At the end of the last trading period, DaVita closed at $89.64.

According to Piper Sandler, the prior rating for Horace Mann Educators Corp (NYSE:HMN) was changed from Neutral to Overweight. For the second quarter, Horace Mann Educators had an EPS of $0.01, compared to year-ago quarter EPS of $1.02. The stock has a 52-week-high of $42.95 and a 52-week-low of $32.60. At the end of the last trading period, Horace Mann Educators closed at $37.62.

For ZTO Express (Cayman) Inc (NYSE:ZTO), JP Morgan upgraded the previous rating of Neutral to Overweight. In the second quarter, ZTO Express (Cayman) showed an EPS of $0.33, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $32.28 and a 52-week-low of $19.72. ZTO Express (Cayman) closed at $26.63 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Occidental Petroleum Corp (NYSE:OXY), Tudor Pickering downgraded the previous rating of Buy to Hold. In the second quarter, Occidental Petroleum showed an EPS of $3.16, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $74.04 and a 52-week-low of $29.15. Occidental Petroleum closed at $64.88 at the end of the last trading period.

According to Maxim Group, the prior rating for Palisade Bio Inc (NASDAQ:PALI) was changed from Buy to Hold. For the second quarter, Palisade Bio had an EPS of $0.12, compared to year-ago quarter EPS of $4.10. The current stock performance of Palisade Bio shows a 52-week-high of $1.62 and a 52-week-low of $0.15. Moreover, at the end of the last trading period, the closing price was at $0.16.

Wells Fargo downgraded the previous rating for HP Inc (NYSE:HPQ) from Equal-Weight to Underweight. In the second quarter, HP showed an EPS of $1.08, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $41.47 and a 52-week-low of $30.01. HP closed at $35.23 at the end of the last trading period.

Stephens & Co. downgraded the previous rating for America's Car-Mart Inc (NASDAQ:CRMT) from Overweight to Equal-Weight. America's Car-Mart earned $2.00 in the first quarter, compared to $3.57 in the year-ago quarter. The current stock performance of America's Car-Mart shows a 52-week-high of $127.05 and a 52-week-low of $72.50. Moreover, at the end of the last trading period, the closing price was at $92.38.

HSBC downgraded the previous rating for Krispy Kreme Inc (NASDAQ:DNUT) from Buy to Hold. Krispy Kreme earned $0.08 in the second quarter, compared to $0.13 in the year-ago quarter. The stock has a 52-week-high of $19.41 and a 52-week-low of $11.98. At the end of the last trading period, Krispy Kreme closed at $12.50.

Credit Suisse downgraded the previous rating for Banco De Chile (NYSE:BCH) from Outperform to Neutral. For the second quarter, Banco De Chile had an EPS of $0.93, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $22.74 and a 52-week-low of $15.64. Banco De Chile closed at $18.54 at the end of the last trading period.

According to Credit Suisse, the prior rating for Banco Santander Chile (NYSE:BSAC) was changed from Outperform to Neutral. For the second quarter, Banco Santander Chile had an EPS of $0.66, compared to year-ago quarter EPS of $0.54. At the moment, the stock has a 52-week-high of $22.95 and a 52-week-low of $13.77. Banco Santander Chile closed at $15.60 at the end of the last trading period.

BMO Capital downgraded the previous rating for Apartment Income REIT Corp (NYSE:AIRC) from Market Perform to Underperform. For the second quarter, Apartment Income REIT had an EPS of $0.66, compared to year-ago quarter EPS of $0.52. The stock has a 52-week-high of $55.82 and a 52-week-low of $39.06. At the end of the last trading period, Apartment Income REIT closed at $44.78.

According to BMO Capital, the prior rating for UDR Inc (NYSE:UDR) was changed from Outperform to Market Perform. UDR earned $0.57 in the second quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $61.06 and a 52-week-low of $42.00. At the end of the last trading period, UDR closed at $49.41.

JMP Securities downgraded the previous rating for Green Brick Partners Inc (NYSE:GRBK) from Market Outperform to Market Perform. Green Brick Partners earned $2.08 in the second quarter, compared to $1.02 in the year-ago quarter. The stock has a 52-week-high of $30.86 and a 52-week-low of $16.80. At the end of the last trading period, Green Brick Partners closed at $29.76.

RBC Capital downgraded the previous rating for Enviva Inc (NYSE:EVA) from Outperform to Sector Perform. Enviva earned $0.26 in the second quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $91.06 and a 52-week-low of $55.07. Enviva closed at $75.79 at the end of the last trading period.

According to B. Riley Securities, the prior rating for Gain Therapeutics Inc (NASDAQ:GANX) was changed from Buy to Neutral. In the second quarter, Gain Therapeutics showed an EPS of $0.43, compared to $0.30 from the year-ago quarter. The current stock performance of Gain Therapeutics shows a 52-week-high of $6.70 and a 52-week-low of $2.33. Moreover, at the end of the last trading period, the closing price was at $3.82.

According to Piper Sandler, the prior rating for Biohaven Pharmaceutical Holding Co Ltd (NYSE:BHVN) was changed from Overweight to Neutral. For the second quarter, Biohaven Pharma Hldgs had an EPS of $3.82, compared to year-ago quarter EPS of $2.62. The current stock performance of Biohaven Pharma Hldgs shows a 52-week-high of $148.22 and a 52-week-low of $79.01. Moreover, at the end of the last trading period, the closing price was at $148.04.

For Provident Financial Services Inc (NYSE:PFS), Piper Sandler downgraded the previous rating of Overweight to Neutral. For the second quarter, Provident Finl Services had an EPS of $0.53, compared to year-ago quarter EPS of $0.58. The current stock performance of Provident Finl Services shows a 52-week-high of $26.20 and a 52-week-low of $21.28. Moreover, at the end of the last trading period, the closing price was at $25.56.

See all analyst ratings downgrades.

Initiations

Capital One initiated coverage on Snowflake Inc (NYSE:SNOW) with a Equal-Weight rating. The price target for Snowflake is set to $182.00. In the first quarter, Snowflake showed an EPS of $0.08, compared to $0.12 from the year-ago quarter. At the moment, the stock has a 52-week-high of $344.00 and a 52-week-low of $110.27. Snowflake closed at $161.75 at the end of the last trading period.

Citigroup initiated coverage on Consensus Cloud Solutions Inc (NASDAQ:CCSI) with a Neutral rating. The price target for Consensus Cloud Solutions is set to $65.00. The current stock performance of Consensus Cloud Solutions shows a 52-week-high of $62.77 and a 52-week-low of $37.75. Moreover, at the end of the last trading period, the closing price was at $55.33.

With a Buy rating, Benchmark initiated coverage on CSG Systems International Inc (NASDAQ:CSGS). The price target seems to have been set at $73.00 for CSG Systems Intl. In the second quarter, CSG Systems Intl showed an EPS of $0.84, compared to $0.82 from the year-ago quarter. The stock has a 52-week-high of $66.58 and a 52-week-low of $54.00. At the end of the last trading period, CSG Systems Intl closed at $58.82.

Loop Capital initiated coverage on Installed Building Products Inc (NYSE:IBP) with a Hold rating. The price target for Installed Building Prods is set to $110.00. For the second quarter, Installed Building Prods had an EPS of $2.48, compared to year-ago quarter EPS of $1.59. The current stock performance of Installed Building Prods shows a 52-week-high of $140.72 and a 52-week-low of $69.44. Moreover, at the end of the last trading period, the closing price was at $104.48.

With a Hold rating, Loop Capital initiated coverage on TopBuild Corp (NYSE:BLD). The price target seems to have been set at $220.00 for TopBuild. TopBuild earned $4.43 in the second quarter, compared to $2.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $280.83 and a 52-week-low of $150.72. TopBuild closed at $201.17 at the end of the last trading period.

With an Outperform rating, Oppenheimer initiated coverage on Microvast Holdings Inc (NASDAQ:MVST). The price target seems to have been set at $8.00 for Microvast Holdings. Microvast Holdings earned $0.05 in the second quarter, compared to $0.26 in the year-ago quarter. The current stock performance of Microvast Holdings shows a 52-week-high of $9.54 and a 52-week-low of $2.00. Moreover, at the end of the last trading period, the closing price was at $2.54.

With a Buy rating, Stifel initiated coverage on MasterCraft Boat Holdings Inc (NASDAQ:MCFT). The price target seems to have been set at $35.00 for MasterCraft Boat Hldgs. MasterCraft Boat Hldgs earned $1.21 in the third quarter, compared to $1.01 in the year-ago quarter. The current stock performance of MasterCraft Boat Hldgs shows a 52-week-high of $29.69 and a 52-week-low of $20.25. Moreover, at the end of the last trading period, the closing price was at $26.56.

See all analyst ratings initiations.

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