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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For November 7, 2022

Upgrades

Guggenheim upgraded the previous rating for Okta Inc (NASDAQ:OKTA) from Neutral to Buy. For the second quarter, Okta had an EPS of $0.10, compared to year-ago quarter EPS of $0.11. The current stock performance of Okta shows a 52-week-high of $226.49 and a 52-week-low of $44.12. Moreover, at the end of the last trading period, the closing price was at $45.02.

For Fluor Corp (NYSE:FLR), DA Davidson upgraded the previous rating of Neutral to Buy. For the third quarter, Fluor had an EPS of $0.07, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $31.32 and a 52-week-low of $19.80. At the end of the last trading period, Fluor closed at $31.73.

For DoorDash Inc (NYSE:DASH), Oppenheimer upgraded the previous rating of Perform to Outperform. For the third quarter, DoorDash had an EPS of $0.77, compared to year-ago quarter EPS of $0.30. The stock has a 52-week-high of $152.50 and a 52-week-low of $41.37. At the end of the last trading period, DoorDash closed at $51.57.

According to Atlantic Equities, the prior rating for S&P Global Inc (NYSE:SPGI) was changed from Neutral to Overweight. S&P Global earned $2.93 in the third quarter, compared to $3.54 in the year-ago quarter. The stock has a 52-week-high of $472.83 and a 52-week-low of $279.32. At the end of the last trading period, S&P Global closed at $316.40.

According to Argus Research, the prior rating for Church & Dwight Co Inc (NYSE:CHD) was changed from Hold to Buy. Church & Dwight Co earned $0.76 in the third quarter, compared to $0.80 in the year-ago quarter. At the moment, the stock has a 52-week-high of $105.28 and a 52-week-low of $70.16. Church & Dwight Co closed at $71.40 at the end of the last trading period.

Wolfe Research upgraded the previous rating for Spirit AeroSystems Holdings Inc (NYSE:SPR) from Underperform to Peer Perform. Spirit AeroSystems Hldgs earned $0.15 in the third quarter, compared to $1.13 in the year-ago quarter. The stock has a 52-week-high of $53.31 and a 52-week-low of $21.14. At the end of the last trading period, Spirit AeroSystems Hldgs closed at $23.43.

Wolfe Research upgraded the previous rating for Coterra Energy Inc (NYSE:CTRA) from Underperform to Peer Perform. Coterra Energy earned $1.42 in the third quarter, compared to $0.52 in the year-ago quarter. The current stock performance of Coterra Energy shows a 52-week-high of $36.55 and a 52-week-low of $18.39. Moreover, at the end of the last trading period, the closing price was at $28.93.

For Workday Inc (NASDAQ:WDAY), Guggenheim upgraded the previous rating of Sell to Neutral. For the second quarter, Workday had an EPS of $0.83, compared to year-ago quarter EPS of $1.23. The current stock performance of Workday shows a 52-week-high of $272.50 and a 52-week-low of $128.72. Moreover, at the end of the last trading period, the closing price was at $132.63.

Jefferies upgraded the previous rating for ACM Research Inc (NASDAQ:ACMR) from Underperform to Hold. For the third quarter, ACM Research had an EPS of $0.42, compared to year-ago quarter EPS of $0.19. The current stock performance of ACM Research shows a 52-week-high of $91.59 and a 52-week-low of $5.46. Moreover, at the end of the last trading period, the closing price was at $6.61.

Itau BBA upgraded the previous rating for Meta Platforms Inc (NASDAQ:META) from Market Perform to Outperform. For the third quarter, Meta Platforms had an EPS of $1.64, compared to year-ago quarter EPS of $3.22. The current stock performance of Meta Platforms shows a 52-week-high of $199.45 and a 52-week-low of $11.73. Moreover, at the end of the last trading period, the closing price was at $90.79.

Wells Fargo upgraded the previous rating for NOV Inc (NYSE:NOV) from Underweight to Equal-Weight. For the third quarter, NOV had an EPS of $0.08, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $24.06 and a 52-week-low of $13.62. NOV closed at $23.22 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

Northcoast Research downgraded the previous rating for Papa John's International Inc (NASDAQ:PZZA) from Buy to Neutral. Papa John's International earned $0.54 in the third quarter, compared to $0.83 in the year-ago quarter. The stock has a 52-week-high of $133.40 and a 52-week-low of $66.74. At the end of the last trading period, Papa John's International closed at $75.52.

According to Scotiabank, the prior rating for Westlake Corp (NYSE:WLK) was changed from Sector Perform to Sector Underperform. In the third quarter, Westlake showed an EPS of $3.10, compared to $4.69 from the year-ago quarter. The current stock performance of Westlake shows a 52-week-high of $141.19 and a 52-week-low of $81.28. Moreover, at the end of the last trading period, the closing price was at $100.01.

For Catalent Inc (NYSE:CTLT), Argus Research downgraded the previous rating of Buy to Hold. Catalent earned $0.34 in the first quarter, compared to $0.71 in the year-ago quarter. The current stock performance of Catalent shows a 52-week-high of $128.26 and a 52-week-low of $41.10. Moreover, at the end of the last trading period, the closing price was at $42.45.

Susquehanna downgraded the previous rating for Greenbrier Companies Inc (NYSE:GBX) from Positive to Neutral. Greenbrier Companies earned $0.60 in the fourth quarter, compared to $0.98 in the year-ago quarter. The current stock performance of Greenbrier Companies shows a 52-week-high of $53.45 and a 52-week-low of $23.80. Moreover, at the end of the last trading period, the closing price was at $37.69.

For Otis Worldwide Corp (NYSE:OTIS), Argus Research downgraded the previous rating of Buy to Hold. For the third quarter, Otis Worldwide had an EPS of $0.80, compared to year-ago quarter EPS of $0.77. At the moment, the stock has a 52-week-high of $88.22 and a 52-week-low of $62.49. Otis Worldwide closed at $73.22 at the end of the last trading period.

According to Raymond James, the prior rating for United States Cellular Corp (NYSE:USM) was changed from Strong Buy to Market Perform. In the third quarter, United States Cellular showed an EPS of $0.15, compared to $0.38 from the year-ago quarter. The stock has a 52-week-high of $33.00 and a 52-week-low of $21.91. At the end of the last trading period, United States Cellular closed at $24.09.

Raymond James downgraded the previous rating for Ruth's Hospitality Group Inc (NASDAQ:RUTH) from Strong Buy to Market Perform. Ruth's Hospitality Group earned $0.16 in the third quarter, compared to $0.20 in the year-ago quarter. The current stock performance of Ruth's Hospitality Group shows a 52-week-high of $24.93 and a 52-week-low of $15.16. Moreover, at the end of the last trading period, the closing price was at $18.96.

For Galapagos NV (NASDAQ:GLPG), Raymond James downgraded the previous rating of Outperform to Market Perform. In the third quarter, Galapagos showed an EPS of $0.33, compared to $1.17 from the year-ago quarter. At the moment, the stock has a 52-week-high of $72.11 and a 52-week-low of $41.10. Galapagos closed at $42.75 at the end of the last trading period.

For Idacorp Inc (NYSE:IDA), B of A Securities downgraded the previous rating of Buy to Neutral. In the third quarter, Idacorp showed an EPS of $2.10, compared to $1.93 from the year-ago quarter. The stock has a 52-week-high of $118.92 and a 52-week-low of $93.53. At the end of the last trading period, Idacorp closed at $103.80.

According to Piper Sandler, the prior rating for The Hanover Insurance Group Inc (NYSE:THG) was changed from Overweight to Neutral. For the third quarter, Hanover Insurance Gr had an EPS of $0.99, compared to year-ago quarter EPS of $0.85. At the moment, the stock has a 52-week-high of $155.55 and a 52-week-low of $123.36. Hanover Insurance Gr closed at $144.33 at the end of the last trading period.

B of A Securities downgraded the previous rating for Funko Inc (NASDAQ:FNKO) from Buy to Neutral. Funko earned $0.28 in the third quarter, compared to $0.39 in the year-ago quarter. The current stock performance of Funko shows a 52-week-high of $27.79 and a 52-week-low of $7.76. Moreover, at the end of the last trading period, the closing price was at $7.92.

Scotiabank downgraded the previous rating for TELUS International (Cda) Inc (NYSE:TIXT) from Sector Outperform to Sector Perform. For the third quarter, TELUS Intl had an EPS of $0.32, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $34.45 and a 52-week-low of $20.73. TELUS Intl closed at $22.15 at the end of the last trading period.

Scotiabank downgraded the previous rating for Huntsman Corp (NYSE:HUN) from Sector Outperform to Sector Perform. In the third quarter, Huntsman showed an EPS of $0.71, compared to $1.08 from the year-ago quarter. The current stock performance of Huntsman shows a 52-week-high of $41.65 and a 52-week-low of $23.54. Moreover, at the end of the last trading period, the closing price was at $27.12.

For MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI), Benchmark downgraded the previous rating of Buy to Hold. MACOM Technology Solns earned $0.77 in the fourth quarter, compared to $0.61 in the year-ago quarter. The current stock performance of MACOM Technology Solns shows a 52-week-high of $80.00 and a 52-week-low of $42.85. Moreover, at the end of the last trading period, the closing price was at $64.59.

Stephens & Co. downgraded the previous rating for Univest Financial Corp (NASDAQ:UVSP) from Overweight to Equal-Weight. For the third quarter, Univest Financial had an EPS of $0.69, compared to year-ago quarter EPS of $0.72. The stock has a 52-week-high of $31.93 and a 52-week-low of $23.48. At the end of the last trading period, Univest Financial closed at $29.06.

According to Stephens & Co., the prior rating for Linkbancorp Inc (NASDAQ:LNKB) was changed from Overweight to Equal-Weight. For the third quarter, Linkbancorp had an EPS of $0.17, compared to year-ago quarter EPS of $0.45. At the moment, the stock has a 52-week-high of $11.95 and a 52-week-low of $7.09. Linkbancorp closed at $8.43 at the end of the last trading period.

Susquehanna downgraded the previous rating for Trinity Industries Inc (NYSE:TRN) from Positive to Neutral. For the third quarter, Trinity Industries had an EPS of $0.34, compared to year-ago quarter EPS of $0.29. The current stock performance of Trinity Industries shows a 52-week-high of $35.35 and a 52-week-low of $20.94. Moreover, at the end of the last trading period, the closing price was at $29.73.

For GATX Corp (NYSE:GATX), Susquehanna downgraded the previous rating of Positive to Neutral. In the third quarter, GATX showed an EPS of $1.12, compared to $1.11 from the year-ago quarter. The current stock performance of GATX shows a 52-week-high of $127.58 and a 52-week-low of $84.96. Moreover, at the end of the last trading period, the closing price was at $105.75.

For Elevation Oncology Inc (NASDAQ:ELEV), SVB Leerink downgraded the previous rating of Outperform to Market Perform. For the third quarter, Elevation Oncology had an EPS of $1.67, compared to year-ago quarter EPS of $0.53. The stock has a 52-week-high of $6.87 and a 52-week-low of $0.91. At the end of the last trading period, Elevation Oncology closed at $0.95.

According to JP Morgan, the prior rating for Dominion Energy Inc (NYSE:D) was changed from Overweight to Neutral. Dominion Energy earned $1.11 in the third quarter, compared to $1.11 in the year-ago quarter. The stock has a 52-week-high of $88.78 and a 52-week-low of $61.70. At the end of the last trading period, Dominion Energy closed at $67.13.

For Redfin Corp (NASDAQ:RDFN), Oppenheimer downgraded the previous rating of Perform to Underperform. Redfin earned $0.73 in the second quarter, compared to $0.29 in the year-ago quarter. At the moment, the stock has a 52-week-high of $39.79 and a 52-week-low of $3.75. Redfin closed at $4.02 at the end of the last trading period.

For Telephone and Data Systems Inc (NYSE:TDS), Raymond James downgraded the previous rating of Strong Buy to Market Perform. In the third quarter, Telephone and Data showed an EPS of $0.22, compared to $0.24 from the year-ago quarter. At the moment, the stock has a 52-week-high of $21.47 and a 52-week-low of $11.17. Telephone and Data closed at $12.28 at the end of the last trading period.

For Costco Wholesale Corp (NASDAQ:COST), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Costco Wholesale had an EPS of $4.20, compared to year-ago quarter EPS of $3.90. The stock has a 52-week-high of $612.27 and a 52-week-low of $406.51. At the end of the last trading period, Costco Wholesale closed at $486.41.

According to Credit Suisse, the prior rating for Dominion Energy Inc (NYSE:D) was changed from Outperform to Neutral. For the third quarter, Dominion Energy had an EPS of $1.11, compared to year-ago quarter EPS of $1.11. The stock has a 52-week-high of $88.78 and a 52-week-low of $61.70. At the end of the last trading period, Dominion Energy closed at $67.13.

According to Wolfe Research, the prior rating for Dominion Energy Inc (NYSE:D) was changed from Outperform to Peer Perform. In the third quarter, Dominion Energy showed an EPS of $1.11, compared to $1.11 from the year-ago quarter. The current stock performance of Dominion Energy shows a 52-week-high of $88.78 and a 52-week-low of $61.70. Moreover, at the end of the last trading period, the closing price was at $67.13.

For Shell PLC (NYSE:SHEL), Goldman Sachs downgraded the previous rating of Buy to Neutral. Shell earned $2.60 in the third quarter, compared to $1.06 in the year-ago quarter. At the moment, the stock has a 52-week-high of $61.67 and a 52-week-low of $44.90. Shell closed at $57.06 at the end of the last trading period.

RBC Capital downgraded the previous rating for Adient PLC (NYSE:ADNT) from Outperform to Sector Perform. Adient earned $0.53 in the fourth quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $50.96 and a 52-week-low of $27.15. At the end of the last trading period, Adient closed at $37.96.

Berenberg downgraded the previous rating for The Estee Lauder Companies Inc (NYSE:EL) from Buy to Hold. Estee Lauder Cos earned $1.37 in the first quarter, compared to $1.89 in the year-ago quarter. The current stock performance of Estee Lauder Cos shows a 52-week-high of $374.20 and a 52-week-low of $186.47. Moreover, at the end of the last trading period, the closing price was at $210.53.

Piper Sandler downgraded the previous rating for AvalonBay Communities Inc (NYSE:AVB) from Neutral to Underweight. In the third quarter, AvalonBay Communities showed an EPS of $2.50, compared to $2.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $259.05 and a 52-week-low of $160.62. AvalonBay Communities closed at $167.29 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Morgan Stanley initiated coverage on Boston Beer Co Inc (NYSE:SAM) with an Underweight rating. The price target for Boston Beer Co is set to $300.00. In the third quarter, Boston Beer Co showed an EPS of $3.82, compared to $2.97 from the year-ago quarter. The stock has a 52-week-high of $535.00 and a 52-week-low of $287.00. At the end of the last trading period, Boston Beer Co closed at $375.51.

For Datadog Inc (NASDAQ:DDOG), Wolfe Research initiated coverage, by setting the current rating at Peer Perform. Datadog earned $0.23 in the third quarter, compared to $0.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $184.70 and a 52-week-low of $68.70. Datadog closed at $70.38 at the end of the last trading period.

Wolfe Research initiated coverage on Splunk Inc (NASDAQ:SPLK) with an Outperform rating. The price target for Splunk is set to $90.00. In the second quarter, Splunk showed an EPS of $0.09, compared to $0.62 from the year-ago quarter. At the moment, the stock has a 52-week-high of $150.79 and a 52-week-low of $65.00. Splunk closed at $72.03 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on Draganfly Inc (NASDAQ:DPRO) with a Buy rating. The price target for Draganfly is set to $1.50. In the second quarter, Draganfly showed an EPS of $0.01, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $3.84 and a 52-week-low of $0.59. Draganfly closed at $0.70 at the end of the last trading period.

See all analyst ratings initiations.

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