Benzinga's Top Ratings Upgrades, Downgrades For July 25, 2022

Upgrades

For AutoNation Inc AN, Seaport Global upgraded the previous rating of Neutral to Buy. In the second quarter, AutoNation showed an EPS of $6.48, compared to $4.83 from the year-ago quarter. At the moment, the stock has a 52-week-high of $126.39 and a 52-week-low of $96.56. AutoNation closed at $117.07 at the end of the last trading period.

For The Travelers Companies Inc TRV, Raymond James upgraded the previous rating of Market Perform to Strong Buy. For the second quarter, Travelers Companies had an EPS of $2.57, compared to year-ago quarter EPS of $3.45. The stock has a 52-week-high of $187.98 and a 52-week-low of $152.17. At the end of the last trading period, Travelers Companies closed at $156.42.

For CION Invt Corp CION, Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. CION Invt earned $0.14 in the first quarter, compared to $0.88 in the year-ago quarter. The current stock performance of CION Invt shows a 52-week-high of $15.09 and a 52-week-low of $7.83. Moreover, at the end of the last trading period, the closing price was at $8.63.

For SVB Financial Group SIVB, Evercore ISI Group upgraded the previous rating of In-Line to Outperform. For the second quarter, SVB Finl Gr had an EPS of $5.60, compared to year-ago quarter EPS of $9.09. The current stock performance of SVB Finl Gr shows a 52-week-high of $752.68 and a 52-week-low of $355.37. Moreover, at the end of the last trading period, the closing price was at $361.36.

See all analyst ratings upgrades.

Downgrades

For Wolverine World Wide Inc WWW, Williams Capital downgraded the previous rating of Buy to Hold. For the first quarter, Wolverine World Wide had an EPS of $0.41, compared to year-ago quarter EPS of $0.40. At the moment, the stock has a 52-week-high of $29.75 and a 52-week-low of $16.65. Wolverine World Wide closed at $22.66 at the end of the last trading period.

According to Williams Capital, the prior rating for Kontoor Brands Inc KTB was changed from Buy to Hold. In the first quarter, Kontoor Brands showed an EPS of $1.43, compared to $1.43 from the year-ago quarter. The current stock performance of Kontoor Brands shows a 52-week-high of $53.14 and a 52-week-low of $30.98. Moreover, at the end of the last trading period, the closing price was at $38.17.

According to Susquehanna, the prior rating for United Airlines Holdings Inc UAL was changed from Positive to Neutral. In the second quarter, United Airlines Holdings showed an EPS of $1.43, compared to $3.91 from the year-ago quarter. The stock has a 52-week-high of $53.12 and a 52-week-low of $30.54. At the end of the last trading period, United Airlines Holdings closed at $36.33.

Piper Sandler downgraded the previous rating for Westlake Corp WLK from Overweight to Neutral. Westlake earned $5.83 in the first quarter, compared to $1.87 in the year-ago quarter. The current stock performance of Westlake shows a 52-week-high of $141.19 and a 52-week-low of $89.00. Moreover, at the end of the last trading period, the closing price was at $91.81.

According to Scotiabank, the prior rating for Verizon Communications Inc VZ was changed from Sector Outperform to Sector Perform. For the second quarter, Verizon Communications had an EPS of $1.31, compared to year-ago quarter EPS of $1.37. At the moment, the stock has a 52-week-high of $55.51 and a 52-week-low of $43.77. Verizon Communications closed at $44.45 at the end of the last trading period.

For Pegasystems Inc PEGA, Macquarie downgraded the previous rating of Outperform to Neutral. For the first quarter, Pegasystems had an EPS of $0.59, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $111.73 and a 52-week-low of $36.50. Pegasystems closed at $50.07 at the end of the last trading period.

Macquarie downgraded the previous rating for Twilio Inc TWLO from Outperform to Neutral. For the first quarter, Twilio had an EPS of $0.00, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $266.74 and a 52-week-low of $77.14. At the end of the last trading period, Twilio closed at $87.33.

Macquarie downgraded the previous rating for 2U Inc TWOU from Outperform to Neutral. For the first quarter, 2U had an EPS of $0.24, compared to year-ago quarter EPS of $0.12. At the moment, the stock has a 52-week-high of $20.98 and a 52-week-low of $7.28. 2U closed at $10.73 at the end of the last trading period.

Morgan Stanley downgraded the previous rating for Snap Inc SNAP from Overweight to Underweight. Snap earned $0.02 in the second quarter, compared to $0.10 in the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $47.71 and a 52-week-low of $9.91. Moreover, at the end of the last trading period, the closing price was at $9.96.

According to DA Davidson, the prior rating for Paycom Software Inc PAYC was changed from Buy to Neutral. For the first quarter, Paycom Software had an EPS of $1.90, compared to year-ago quarter EPS of $1.47. The stock has a 52-week-high of $416.08 and a 52-week-low of $255.82. At the end of the last trading period, Paycom Software closed at $324.53.

According to Stifel, the prior rating for IDEXX Laboratories Inc IDXX was changed from Buy to Hold. IDEXX Laboratories earned $2.27 in the first quarter, compared to $2.35 in the year-ago quarter. The stock has a 52-week-high of $656.31 and a 52-week-low of $318.50. At the end of the last trading period, IDEXX Laboratories closed at $393.51.

Wells Fargo downgraded the previous rating for SLR Investment Corp SLRC from Equal-Weight to Underweight. In the first quarter, SLR Investment showed an EPS of $0.35, compared to $0.37 from the year-ago quarter. At the moment, the stock has a 52-week-high of $19.39 and a 52-week-low of $13.96. SLR Investment closed at $14.52 at the end of the last trading period.

Truist Securities downgraded the previous rating for 1Life Healthcare Inc ONEM from Buy to Hold. For the first quarter, 1Life Healthcare had an EPS of $0.47, compared to year-ago quarter EPS of $0.29. At the moment, the stock has a 52-week-high of $18.43 and a 52-week-low of $5.94. 1Life Healthcare closed at $17.15 at the end of the last trading period.

According to UBS, the prior rating for Huntsman Corp HUN was changed from Buy to Neutral. For the first quarter, Huntsman had an EPS of $1.19, compared to year-ago quarter EPS of $0.66. The current stock performance of Huntsman shows a 52-week-high of $41.65 and a 52-week-low of $27.01. Moreover, at the end of the last trading period, the closing price was at $29.04.

According to Societe Generale, the prior rating for Koninklijke Philips NV PHG was changed from Buy to Hold. For the second quarter, Koninklijke Philips had an EPS of $0.15, compared to year-ago quarter EPS of $0.48. The current stock performance of Koninklijke Philips shows a 52-week-high of $38.77 and a 52-week-low of $20.12. Moreover, at the end of the last trading period, the closing price was at $22.14.

According to SVB Leerink, the prior rating for Regeneron Pharmaceuticals Inc REGN was changed from Outperform to Market Perform. Regeneron Pharmaceuticals earned $11.49 in the first quarter, compared to $9.89 in the year-ago quarter. At the moment, the stock has a 52-week-high of $747.42 and a 52-week-low of $538.01. Regeneron Pharmaceuticals closed at $586.11 at the end of the last trading period.

According to Morgan Stanley, the prior rating for Open Lending Corp LPRO was changed from Equal-Weight to Underweight. For the first quarter, Open Lending had an EPS of $0.18, compared to year-ago quarter EPS of $0.10. The current stock performance of Open Lending shows a 52-week-high of $23.73 and a 52-week-low of $9.12. Moreover, at the end of the last trading period, the closing price was at $11.05.

For Open Lending Corp LPRO, Morgan Stanley downgraded the previous rating of Equal-Weight to Underweight. In the first quarter, Open Lending showed an EPS of $0.18, compared to $0.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.73 and a 52-week-low of $9.12. Open Lending closed at $11.05 at the end of the last trading period.

According to Barclays, the prior rating for Phibro Animal Health Corp PAHC was changed from Equal-Weight to Underweight. Phibro Animal Health earned $0.33 in the third quarter, compared to $0.34 in the year-ago quarter. The stock has a 52-week-high of $22.16 and a 52-week-low of $17.28. At the end of the last trading period, Phibro Animal Health closed at $19.83.

For Bain Capital Specialty Finance Inc BCSF, Wells Fargo downgraded the previous rating of Equal-Weight to Underweight. For the first quarter, Bain Capital Specialty had an EPS of $0.34, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $16.29 and a 52-week-low of $13.38. Bain Capital Specialty closed at $14.25 at the end of the last trading period.

Wells Fargo downgraded the previous rating for Owl Rock Capital Corp ORCC from Equal-Weight to Underweight. In the first quarter, Owl Rock Capital showed an EPS of $0.31, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $15.33 and a 52-week-low of $12.09. At the end of the last trading period, Owl Rock Capital closed at $12.63.

According to Barclays, the prior rating for Ouster Inc OUST was changed from Overweight to Equal-Weight. In the first quarter, Ouster showed an EPS of $0.19, compared to $0.38 from the year-ago quarter. The current stock performance of Ouster shows a 52-week-high of $5.54 and a 52-week-low of $1.52. Moreover, at the end of the last trading period, the closing price was at $1.82.

Wells Fargo downgraded the previous rating for Trinity Capital Inc TRIN from Overweight to Equal-Weight. For the first quarter, Trinity Capital had an EPS of $0.54, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $20.26 and a 52-week-low of $13.81. At the end of the last trading period, Trinity Capital closed at $14.89.

Wolfe Research downgraded the previous rating for Varonis Systems Inc VRNS from Outperform to Peer Perform. In the first quarter, Varonis Systems showed an EPS of $0.09, compared to $0.08 from the year-ago quarter. The current stock performance of Varonis Systems shows a 52-week-high of $51.60 and a 52-week-low of $26.48. Moreover, at the end of the last trading period, the closing price was at $29.09.

According to Barclays, the prior rating for Lam Research Corp LRCX was changed from Overweight to Equal-Weight. For the third quarter, Lam Research had an EPS of $7.40, compared to year-ago quarter EPS of $7.49. The stock has a 52-week-high of $731.85 and a 52-week-low of $375.87. At the end of the last trading period, Lam Research closed at $463.99.

For Snap Inc SNAP, Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the second quarter, Snap showed an EPS of $0.02, compared to $0.10 from the year-ago quarter. The current stock performance of Snap shows a 52-week-high of $47.71 and a 52-week-low of $9.91. Moreover, at the end of the last trading period, the closing price was at $9.96.

According to Barclays, the prior rating for Camtek Ltd CAMT was changed from Overweight to Equal-Weight. For the first quarter, Camtek had an EPS of $0.44, compared to year-ago quarter EPS of $0.33. The current stock performance of Camtek shows a 52-week-high of $48.60 and a 52-week-low of $22.89. Moreover, at the end of the last trading period, the closing price was at $29.44.

For First American Financial Corp FAF, Cantor Fitzgerald downgraded the previous rating of Overweight to Neutral. In the first quarter, First American Financial showed an EPS of $1.17, compared to $1.64 from the year-ago quarter. At the moment, the stock has a 52-week-high of $81.54 and a 52-week-low of $48.81. First American Financial closed at $55.70 at the end of the last trading period.

Piper Sandler downgraded the previous rating for Ally Financial Inc ALLY from Neutral to Underweight. For the second quarter, Ally Financial had an EPS of $1.76, compared to year-ago quarter EPS of $2.33. The current stock performance of Ally Financial shows a 52-week-high of $53.83 and a 52-week-low of $31.66. Moreover, at the end of the last trading period, the closing price was at $33.48.

For Republic Bancorp Inc RBCAA, Piper Sandler downgraded the previous rating of Overweight to Neutral. Republic Bancorp earned $1.20 in the second quarter, compared to $1.16 in the year-ago quarter. The stock has a 52-week-high of $52.63 and a 52-week-low of $41.41. At the end of the last trading period, Republic Bancorp closed at $48.17.

Jefferies downgraded the previous rating for Hanger Inc HNGR from Buy to Hold. Hanger earned $0.15 in the first quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $19.89 and a 52-week-low of $13.42. At the end of the last trading period, Hanger closed at $18.43.

See all analyst ratings downgrades.

Initiations

With a Market Perform rating, Raymond James initiated coverage on Gold Royalty Corp GROY. The price target seems to have been set at $3.75 for Gold Royalty. For the second quarter, Gold Royalty had an EPS of $0.02, compared to year-ago quarter EPS of $0.08. The current stock performance of Gold Royalty shows a 52-week-high of $4.97 and a 52-week-low of $2.15. Moreover, at the end of the last trading period, the closing price was at $2.53.

With a Buy rating, Jefferies initiated coverage on Ivanhoe Electric Inc IE. The price target seems to have been set at $13.50 for Ivanhoe Electric. The stock has a 52-week-high of $12.04 and a 52-week-low of $7.01. At the end of the last trading period, Ivanhoe Electric closed at $8.50.

Ascendiant Capital initiated coverage on Intrusion Inc INTZ with a Buy rating. The price target for Intrusion is set to $6.00. In the first quarter, Intrusion showed an EPS of $0.21, compared to $0.22 from the year-ago quarter. At the moment, the stock has a 52-week-high of $5.47 and a 52-week-low of $1.74. Intrusion closed at $3.76 at the end of the last trading period.

With a Buy rating, Seaport Global initiated coverage on BlueLinx Holdings Inc BXC. The price target seems to have been set at $100.00 for BlueLinx Hldgs. BlueLinx Hldgs earned $13.19 in the first quarter, compared to $6.44 in the year-ago quarter. The stock has a 52-week-high of $100.01 and a 52-week-low of $58.40. At the end of the last trading period, BlueLinx Hldgs closed at $75.63.

With an Underperform rating, B of A Securities initiated coverage on InterDigital Inc IDCC. The price target seems to have been set at $60.00 for InterDigital. For the first quarter, InterDigital had an EPS of $0.58, compared to year-ago quarter EPS of $0.18. The current stock performance of InterDigital shows a 52-week-high of $73.97 and a 52-week-low of $56.13. Moreover, at the end of the last trading period, the closing price was at $62.90.

HC Wainwright & Co. initiated coverage on Genenta Science SPA GNTA with a Buy rating. The price target for Genenta Science is set to $25.00. At the moment, the stock has a 52-week-high of $11.80 and a 52-week-low of $5.11. Genenta Science closed at $6.74 at the end of the last trading period.

Morgan Stanley initiated coverage on Integra Lifesciences Holdings Corp IART with a Equal-Weight rating. The price target for Integra Lifesciences is set to $59.00. Integra Lifesciences earned $0.74 in the first quarter, compared to $0.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of $69.90 and a 52-week-low of $51.21. Integra Lifesciences closed at $54.35 at the end of the last trading period.

BMO Capital initiated coverage on Ivanhoe Electric Inc IE with an Outperform rating. The price target for Ivanhoe Electric is set to $15.00. The current stock performance of Ivanhoe Electric shows a 52-week-high of $12.04 and a 52-week-low of $7.01. Moreover, at the end of the last trading period, the closing price was at $8.50.

With a Neutral rating, Goldman Sachs initiated coverage on Symbotic Inc SYM. The price target seems to have been set at $19.00 for Symbotic. At the moment, the stock has a 52-week-high of $28.48 and a 52-week-low of $9.12. Symbotic closed at $19.87 at the end of the last trading period.

See all analyst ratings initiations.