Benzinga's Top Ratings Upgrades, Downgrades For October 21, 2021

Upgrades

For Coterra Energy Inc CTRA, Piper Sandler upgraded the previous rating of Neutral to Overweight. The current stock performance of Coterra Energy shows a 52-week-high of $14.37 and a 52-week-low of $6.37. Moreover, at the end of the last trading period, the closing price was at $21.41.

According to Berenberg, the prior rating for Aramark ARMK was changed from Hold to Buy. For the third quarter, Aramark had an EPS of $0.03, compared to year-ago quarter EPS of $0.69. At the moment, the stock has a 52-week-high of $43.12 and a 52-week-low of $26.93. Aramark closed at $36.07 at the end of the last trading period.

According to Berenberg, the prior rating for Carnival Corp CCL was changed from Sell to Hold. For the third quarter, Carnival had an EPS of $1.75, compared to year-ago quarter EPS of $2.19. The current stock performance of Carnival shows a 52-week-high of $31.52 and a 52-week-low of $12.11. Moreover, at the end of the last trading period, the closing price was at $22.44.

Truist Securities upgraded the previous rating for Denny's Corp DENN from Hold to Buy. Denny's earned $0.18 in the second quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $20.02 and a 52-week-low of $8.54. At the end of the last trading period, Denny's closed at $14.60.

See all analyst ratings upgrades.

Downgrades

For AudioCodes Ltd AUDC, Jefferies downgraded the previous rating of Buy to Hold. AudioCodes earned $0.37 in the second quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $37.00 and a 52-week-low of $25.90. AudioCodes closed at $36.00 at the end of the last trading period.

According to Janney Montgomery Scott, the prior rating for Wintrust Financial Corp WTFC was changed from Buy to Neutral. For the third quarter, Wintrust Financial had an EPS of $1.77, compared to year-ago quarter EPS of $1.67. The current stock performance of Wintrust Financial shows a 52-week-high of $91.97 and a 52-week-low of $45.09. Moreover, at the end of the last trading period, the closing price was at $91.82.

RBC Capital downgraded the previous rating for Vale SA VALE from Outperform to Underperform. Vale earned $1.49 in the second quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $23.18 and a 52-week-low of $10.38. At the end of the last trading period, Vale closed at $13.85.

According to HSBC, the prior rating for Krispy Kreme Inc DNUT was changed from Buy to Hold. In the second quarter, Krispy Kreme earned $0.13. The current stock performance of Krispy Kreme shows a 52-week-high of $21.69 and a 52-week-low of $12.82. Moreover, at the end of the last trading period, the closing price was at $13.92.

CIBC downgraded the previous rating for Resolute Forest Products Inc RFP from Outperformer to Neutral. For the second quarter, Resolute Forest Products had an EPS of $3.74, compared to year-ago quarter EPS of $0.25. The current stock performance of Resolute Forest Products shows a 52-week-high of $17.65 and a 52-week-low of $4.36. Moreover, at the end of the last trading period, the closing price was at $13.67.

RBC Capital downgraded the previous rating for Fiverr International Ltd FVRR from Outperform to Sector Perform. For the second quarter, Fiverr International had an EPS of $0.19, compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $336.00 and a 52-week-low of $129.21. At the end of the last trading period, Fiverr International closed at $192.81.

RBC Capital downgraded the previous rating for Wix.com Ltd WIX from Outperform to Sector Perform. In the second quarter, Wix.com showed an EPS of $0.28, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $362.07 and a 52-week-low of $171.37. At the end of the last trading period, Wix.com closed at $197.35.

According to RBC Capital, the prior rating for Canadian National Railway Co CNI was changed from Outperform to Sector Perform. In the third quarter, Canadian National Railway showed an EPS of $1.21, compared to $1.04 from the year-ago quarter. The current stock performance of Canadian National Railway shows a 52-week-high of $132.82 and a 52-week-low of $98.69. Moreover, at the end of the last trading period, the closing price was at $130.79.

For LivePerson Inc LPSN, Barclays downgraded the previous rating of Equal-Weight to Underweight. LivePerson earned $0.30 in the second quarter, compared to $0.22 in the year-ago quarter. The current stock performance of LivePerson shows a 52-week-high of $72.23 and a 52-week-low of $47.62. Moreover, at the end of the last trading period, the closing price was at $57.28.

For Avaya Holdings Corp AVYA, Barclays downgraded the previous rating of Overweight to Equal-Weight. Avaya Hldgs earned $0.75 in the third quarter, compared to $0.61 in the year-ago quarter. The stock has a 52-week-high of $34.06 and a 52-week-low of $15.86. At the end of the last trading period, Avaya Hldgs closed at $19.51.

See all analyst ratings downgrades.

Initiations

Northland Capital Markets initiated coverage on Datto Holding Corp MSP with an Outperform rating. The price target for Datto Holding is set to $38.00. Interestingly, in the second quarter, Datto Holding's EPS was $0.17. The current stock performance of Datto Holding shows a 52-week-high of $33.46 and a 52-week-low of $21.98. Moreover, at the end of the last trading period, the closing price was at $23.39.

William Blair initiated coverage on Tempest Therapeutics Inc TPST with an Outperform rating. Tempest Therapeutics earned $7.63 in the second quarter, compared to $11.42 in the year-ago quarter. At the moment, the stock has a 52-week-high of $41.00 and a 52-week-low of $10.38. Tempest Therapeutics closed at $13.90 at the end of the last trading period.

For Jasper Therapeutics Inc JSPR, William Blair initiated coverage, by setting the current rating at Outperform. The current stock performance of Jasper Therapeutics shows a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . Moreover, at the end of the last trading period, the closing price was at $14.20.

With a Buy rating, Citigroup initiated coverage on Cellebrite DI Ltd CLBT. The price target seems to have been set at $15.00 for Cellebrite DI. The stock has a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . At the end of the last trading period, Cellebrite DI closed at $10.96.

Truist Securities initiated coverage on Squarespace Inc SQSP with a Buy rating. The price target for Squarespace is set to $50.00. Squarespace earned $3.22 in the second quarter. The current stock performance of Squarespace shows a 52-week-high of $64.71 and a 52-week-low of $33.12. Moreover, at the end of the last trading period, the closing price was at $39.23.

Truist Securities initiated coverage on Affimed NV AFMD with a Buy rating. The price target for Affimed is set to $10.00. Affimed earned $0.19 in the second quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Affimed shows a 52-week-high of $11.74 and a 52-week-low of $3.08. Moreover, at the end of the last trading period, the closing price was at $6.07.

With an Outperform rating, Baird initiated coverage on Getty Realty Corp GTY. The price target seems to have been set at $34.00 for Getty Realty. For the second quarter, Getty Realty had an EPS of $0.49, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $34.21 and a 52-week-low of $24.87. Getty Realty closed at $32.01 at the end of the last trading period.

Cantor Fitzgerald initiated coverage on Magnum Opus Acquisition Ltd OPA with an Overweight rating. The price target for Magnum Opus Acquisition is set to $10.00. The current stock performance of Magnum Opus Acquisition shows a 52-week-high of $10.17 and a 52-week-low of $9.56. Moreover, at the end of the last trading period, the closing price was at $9.91.

Barclays initiated coverage on Bandwidth Inc BAND with an Overweight rating. The price target for Bandwidth is set to $160.00. In the second quarter, Bandwidth showed an EPS of $0.32, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $196.70 and a 52-week-low of $76.80. Bandwidth closed at $89.33 at the end of the last trading period.

HC Wainwright & Co. initiated coverage on Ra Medical Systems Inc RMED with a Buy rating. The price target for Ra Medical Systems is set to $12.00. Ra Medical Systems earned $1.28 in the second quarter, compared to $10.75 in the year-ago quarter. The current stock performance of Ra Medical Systems shows a 52-week-high of $9.82 and a 52-week-low of $0.17. Moreover, at the end of the last trading period, the closing price was at $3.00.

For Hertz Global Holdings Inc HTZZ, Odeon Capital initiated coverage, by setting the current rating at Buy. The current stock performance of Hertz Global Holdings shows a 52-week-high of $35.00 and a 52-week-low of $14.15. Moreover, at the end of the last trading period, the closing price was at $25.06.

Piper Sandler initiated coverage on ESS Tech Inc GWH with an Overweight rating. The price target for ESS Tech is set to $30.00. The stock has a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . At the end of the last trading period, ESS Tech closed at $15.78.

With a Equal-Weight rating, Barclays initiated coverage on 8x8 Inc EGHT. The price target seems to have been set at $25.00 for 8x8. For the first quarter, 8x8 had an EPS of $0.01, compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $39.17 and a 52-week-low of $15.52. At the end of the last trading period, 8x8 closed at $23.77.

With an Overweight rating, Barclays initiated coverage on Everbridge Inc EVBG. The price target seems to have been set at $185.00 for Everbridge. For the second quarter, Everbridge had an EPS of $0.03, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $178.98 and a 52-week-low of $100.17. Everbridge closed at $150.20 at the end of the last trading period.

Barclays initiated coverage on HubSpot Inc HUBS with a Equal-Weight rating. The price target for HubSpot is set to $800.00. HubSpot earned $0.43 in the second quarter, compared to $0.34 in the year-ago quarter. At the moment, the stock has a 52-week-high of $817.33 and a 52-week-low of $283.87. HubSpot closed at $795.39 at the end of the last trading period.

Barclays initiated coverage on RingCentral Inc RNG with an Overweight rating. The price target for RingCentral is set to $350.00. For the second quarter, RingCentral had an EPS of $0.32, compared to year-ago quarter EPS of $0.24. The current stock performance of RingCentral shows a 52-week-high of $449.00 and a 52-week-low of $207.53. Moreover, at the end of the last trading period, the closing price was at $241.46.

Barclays initiated coverage on Vonage Holdings Corp VG with an Overweight rating. The price target for Vonage Hldgs is set to $20.00. In the second quarter, Vonage Hldgs showed an EPS of $0.05, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $16.65 and a 52-week-low of $10.12. At the end of the last trading period, Vonage Hldgs closed at $16.07.

With an Overweight rating, Barclays initiated coverage on Zendesk Inc ZEN. The price target seems to have been set at $170.00 for Zendesk. In the second quarter, Zendesk showed an EPS of $0.13, compared to $0.14 from the year-ago quarter. At the moment, the stock has a 52-week-high of $166.60 and a 52-week-low of $103.28. Zendesk closed at $128.41 at the end of the last trading period.

With a Equal-Weight rating, Barclays initiated coverage on Zoom Video Communications Inc ZM. The price target seems to have been set at $270.00 for Zoom Video Communications. In the second quarter, Zoom Video Communications showed an EPS of $1.36, compared to $0.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $575.69 and a 52-week-low of $250.11. Zoom Video Communications closed at $275.71 at the end of the last trading period.

With a Buy rating, DA Davidson initiated coverage on Reinvent Technology Partners Y RTPY. The price target seems to have been set at $13.00 for Reinvent Technology. The stock has a 52-week-high of $10.17 and a 52-week-low of $9.75. At the end of the last trading period, Reinvent Technology closed at $9.97.

See all analyst ratings initiations.