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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2022

Upgrades

For Bank of New York Mellon Corp (NYSE:BK), Citigroup upgraded the previous rating of Neutral to Buy. For the second quarter, Bank of New York Mellon had an EPS of $1.03, compared to year-ago quarter EPS of $1.13. The current stock performance of Bank of New York Mellon shows a 52-week-high of $64.63 and a 52-week-low of $38.30. Moreover, at the end of the last trading period, the closing price was at $39.66.

SVB Leerink upgraded the previous rating for Illumina Inc (NASDAQ:ILMN) from Market Perform to Outperform. In the second quarter, Illumina showed an EPS of $0.57, compared to $1.87 from the year-ago quarter. The stock has a 52-week-high of $428.00 and a 52-week-low of $173.45. At the end of the last trading period, Illumina closed at $187.24.

Citigroup upgraded the previous rating for Credicorp Ltd (NYSE:BAP) from Neutral to Buy. For the second quarter, Credicorp had an EPS of $3.75, compared to year-ago quarter EPS of $2.10. The current stock performance of Credicorp shows a 52-week-high of $182.11 and a 52-week-low of $113.20. Moreover, at the end of the last trading period, the closing price was at $126.40.

For CommScope Holding Co Inc (NASDAQ:COMM), Credit Suisse upgraded the previous rating of Neutral to Outperform. In the second quarter, CommScope Hldg Co showed an EPS of $0.41, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $12.88 and a 52-week-low of $5.56. At the end of the last trading period, CommScope Hldg Co closed at $9.56.

UBS upgraded the previous rating for Domino's Pizza Inc (NYSE:DPZ) from Neutral to Buy. For the second quarter, Domino's Pizza had an EPS of $2.82, compared to year-ago quarter EPS of $3.12. At the moment, the stock has a 52-week-high of $564.73 and a 52-week-low of $300.63. Domino's Pizza closed at $316.44 at the end of the last trading period.

According to JP Morgan, the prior rating for Gilead Sciences Inc (NASDAQ:GILD) was changed from Neutral to Overweight. Gilead Sciences earned $1.58 in the second quarter, compared to $1.87 in the year-ago quarter. At the moment, the stock has a 52-week-high of $73.39 and a 52-week-low of $57.16. Gilead Sciences closed at $62.32 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Vintage Wine Estates Inc (NASDAQ:VWE), DA Davidson downgraded the previous rating of Buy to Neutral. In the fourth quarter, Vintage Wine Estates showed an EPS of $0.17, compared to $0.18 from the year-ago quarter. The current stock performance of Vintage Wine Estates shows a 52-week-high of $12.36 and a 52-week-low of $2.68. Moreover, at the end of the last trading period, the closing price was at $2.92.

For Membership Collective Group Inc (NYSE:MCG), B of A Securities downgraded the previous rating of Buy to Underperform. For the second quarter, Membership Collective had an EPS of $0.41, compared to year-ago quarter EPS of $0.28. The current stock performance of Membership Collective shows a 52-week-high of $13.06 and a 52-week-low of $4.33. Moreover, at the end of the last trading period, the closing price was at $4.38.

Oppenheimer downgraded the previous rating for Clene Inc (NASDAQ:CLNN) from Outperform to Perform. For the second quarter, Clene had an EPS of $0.07, compared to year-ago quarter EPS of $0.05. At the moment, the stock has a 52-week-high of $5.13 and a 52-week-low of $1.72. Clene closed at $2.01 at the end of the last trading period.

For Poshmark Inc (NASDAQ:POSH), Wedbush downgraded the previous rating of Outperform to Neutral. Poshmark earned $0.29 in the second quarter, compared to $0.04 in the year-ago quarter. At the moment, the stock has a 52-week-high of $17.90 and a 52-week-low of $8.97. Poshmark closed at $15.57 at the end of the last trading period.

For F45 Training Holdings Inc (NYSE:FXLV), JP Morgan downgraded the previous rating of Overweight to Neutral. F45 Training Holdings earned $0.36 in the second quarter, compared to $1.04 in the year-ago quarter. The stock has a 52-week-high of $15.78 and a 52-week-low of $0.79. At the end of the last trading period, F45 Training Holdings closed at $3.06.

According to Citigroup, the prior rating for M&T Bank Corp (NYSE:MTB) was changed from Buy to Neutral. M&T Bank earned $3.10 in the second quarter, compared to $3.45 in the year-ago quarter. The current stock performance of M&T Bank shows a 52-week-high of $193.42 and a 52-week-low of $148.80. Moreover, at the end of the last trading period, the closing price was at $181.02.

For Applied Genetic Technologies Corp (NASDAQ:AGTC), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the fourth quarter, Applied Genetic had an EPS of $0.36, compared to year-ago quarter EPS of $0.28. The current stock performance of Applied Genetic shows a 52-week-high of $2.83 and a 52-week-low of $0.26. Moreover, at the end of the last trading period, the closing price was at $0.27.

Wells Fargo downgraded the previous rating for Paramount Global (NASDAQ:PARA) from Overweight to Equal-Weight. For the second quarter, Paramount Global had an EPS of $0.64, compared to year-ago quarter EPS of $0.97. At the moment, the stock has a 52-week-high of $39.21 and a 52-week-low of $18.80. Paramount Global closed at $19.62 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

Barrington Research initiated coverage on DHI Group Inc (NYSE:DHX) with an Outperform rating. The price target for DHI Group is set to $12.00. For the second quarter, DHI Group had an EPS of $0.01, compared to year-ago quarter EPS of $0.02. The current stock performance of DHI Group shows a 52-week-high of $7.57 and a 52-week-low of $4.17. Moreover, at the end of the last trading period, the closing price was at $5.63.

Lake Street initiated coverage on Benson Hill Inc (NYSE:BHIL) with a Buy rating. The price target for Benson Hill is set to $7.00. Benson Hill earned $0.15 in the second quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $7.59 and a 52-week-low of $2.33. At the end of the last trading period, Benson Hill closed at $2.85.

Wells Fargo initiated coverage on TFI International Inc (NYSE:TFII) with an Overweight rating. The price target for TFI International is set to $111.00. In the second quarter, TFI International showed an EPS of $2.61, compared to $1.44 from the year-ago quarter. The current stock performance of TFI International shows a 52-week-high of $112.49 and a 52-week-low of $71.63. Moreover, at the end of the last trading period, the closing price was at $95.65.

Wells Fargo initiated coverage on Archaea Energy Inc (NYSE:LFG) with an Overweight rating. The price target for Archaea Energy is set to $25.00. The stock has a 52-week-high of $23.75 and a 52-week-low of $12.59. At the end of the last trading period, Archaea Energy closed at $19.06.

RBC Capital initiated coverage on TD Synnex Corp (NYSE:SNX) with a Sector Perform rating. The price target for TD Synnex is set to $95.00. TD Synnex earned $2.74 in the third quarter, compared to $2.14 in the year-ago quarter. The current stock performance of TD Synnex shows a 52-week-high of $119.30 and a 52-week-low of $81.06. Moreover, at the end of the last trading period, the closing price was at $83.93.

With a Buy rating, HC Wainwright & Co. initiated coverage on Bolt Biotherapeutics Inc (NASDAQ:BOLT). The price target seems to have been set at $8.00 for Bolt Biotherapeutics. Bolt Biotherapeutics earned $0.61 in the second quarter, compared to $0.64 in the year-ago quarter. At the moment, the stock has a 52-week-high of $4.99 and a 52-week-low of $1.39. Bolt Biotherapeutics closed at $1.51 at the end of the last trading period.

Morgan Stanley initiated coverage on Ginkgo Bioworks Holdings Inc (NYSE:DNA) with a Equal-Weight rating. The price target for Ginkgo Bioworks Holdings is set to $5.00. In the second quarter, Ginkgo Bioworks Holdings showed an EPS of $0.41, compared to $0.04 from the year-ago quarter. The current stock performance of Ginkgo Bioworks Holdings shows a 52-week-high of $8.77 and a 52-week-low of $2.09. Moreover, at the end of the last trading period, the closing price was at $3.14.

B. Riley Securities initiated coverage on Hyperfine Inc (NASDAQ:HYPR) with a Buy rating. The price target for Hyperfine is set to $3.50. In the second quarter, Hyperfine showed an EPS of $0.33, compared to $8.80 from the year-ago quarter. At the moment, the stock has a 52-week-high of $7.50 and a 52-week-low of $0.81. Hyperfine closed at $0.93 at the end of the last trading period.

Barclays initiated coverage on Core Scientific Inc (NASDAQ:CORZ) with an Overweight rating. The price target for Core Scientific is set to $3.00. For the second quarter, Core Scientific had an EPS of $0.18, compared to year-ago quarter EPS of $0.13. The current stock performance of Core Scientific shows a 52-week-high of $11.49 and a 52-week-low of $1.26. Moreover, at the end of the last trading period, the closing price was at $1.37.

With a Buy rating, B. Riley Securities initiated coverage on Butterfly Network Inc (NYSE:BFLY). The price target seems to have been set at $9.50 for Butterfly Network. In the second quarter, Butterfly Network showed an EPS of $0.18, compared to $0.02 from the year-ago quarter. The current stock performance of Butterfly Network shows a 52-week-high of $8.72 and a 52-week-low of $2.31. Moreover, at the end of the last trading period, the closing price was at $4.54.

Jefferies initiated coverage on Inotiv Inc (NASDAQ:NOTV) with a Buy rating. The price target for Inotiv is set to $27.00. Inotiv earned $0.15 in the third quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of $42.78 and a 52-week-low of $9.14. At the end of the last trading period, Inotiv closed at $17.74.

Needham initiated coverage on Glaukos Corp (NYSE:GKOS) with a Buy rating. The price target for Glaukos is set to $66.00. Glaukos earned $0.83 in the second quarter, compared to $0.11 in the year-ago quarter. The current stock performance of Glaukos shows a 52-week-high of $64.49 and a 52-week-low of $33.33. Moreover, at the end of the last trading period, the closing price was at $53.06.

With an Overweight rating, Cantor Fitzgerald initiated coverage on Irwin Naturals Inc (OTC:IWINF). The price target seems to have been set at $7.00 for Irwin Naturals.

Needham initiated coverage on Sight Sciences Inc (NASDAQ:SGHT) with a Hold rating. For the second quarter, Sight Sciences had an EPS of $0.50, compared to year-ago quarter EPS of $1.83. At the moment, the stock has a 52-week-high of $18.40 and a 52-week-low of $5.95. Sight Sciences closed at $6.43 at the end of the last trading period.

Needham initiated coverage on AgileThought Inc (NASDAQ:AGIL) with a Buy rating. The price target for AgileThought is set to $7.00. AgileThought earned $0.04 in the second quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $5.93 and a 52-week-low of $3.49. At the end of the last trading period, AgileThought closed at $4.12.

Baird initiated coverage on Mister Car Wash Inc (NYSE:MCW) with a Neutral rating. The price target for Mister Car Wash is set to $10.00. For the second quarter, Mister Car Wash had an EPS of $0.11, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $19.10 and a 52-week-low of $8.31. At the end of the last trading period, Mister Car Wash closed at $8.71.

With a Neutral rating, MKM Partners initiated coverage on Mister Car Wash Inc (NYSE:MCW). The price target seems to have been set at $9.00 for Mister Car Wash. For the second quarter, Mister Car Wash had an EPS of $0.11, compared to year-ago quarter EPS of $0.14. The stock has a 52-week-high of $19.10 and a 52-week-low of $8.31. At the end of the last trading period, Mister Car Wash closed at $8.71.

With a Neutral rating, MKM Partners initiated coverage on Leslies Inc (NASDAQ:LESL). The price target seems to have been set at $14.00 for Leslies. For the third quarter, Leslies had an EPS of $0.68, compared to year-ago quarter EPS of $0.64. At the moment, the stock has a 52-week-high of $24.40 and a 52-week-low of $13.01. Leslies closed at $15.00 at the end of the last trading period.

Oppenheimer initiated coverage on Bowlero Corp (NYSE:BOWL) with an Outperform rating. The price target for Bowlero is set to $16.00. Bowlero earned $0.03 in the fourth quarter, compared to $0.11 in the year-ago quarter. The current stock performance of Bowlero shows a 52-week-high of $14.31 and a 52-week-low of $6.96. Moreover, at the end of the last trading period, the closing price was at $12.66.

See all analyst ratings initiations.

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