Benzinga's Top Ratings Upgrades, Downgrades For October 24, 2022

Upgrades

Guggenheim upgraded the previous rating for Teladoc Health Inc TDOC from Sell to Neutral. Teladoc Health earned $0.44 in the second quarter, compared to $0.86 in the year-ago quarter. The stock has a 52-week-high of $95.71 and a 52-week-low of $23.08. At the end of the last trading period, Teladoc Health closed at $24.03.

Guggenheim upgraded the previous rating for ServiceNow Inc NOW from Neutral to Buy. In the second quarter, ServiceNow showed an EPS of $1.62, compared to $1.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $651.41 and a 52-week-low of $337.00. ServiceNow closed at $360.67 at the end of the last trading period.

According to Rosenblatt, the prior rating for Ansys Inc ANSS was changed from Neutral to Buy. Ansys earned $1.77 in the second quarter, compared to $1.85 in the year-ago quarter. The stock has a 52-week-high of $403.18 and a 52-week-low of $194.23. At the end of the last trading period, Ansys closed at $214.15.

RBC Capital upgraded the previous rating for Heico Corp HEI from Sector Perform to Outperform. For the third quarter, Heico had an EPS of $0.60, compared to year-ago quarter EPS of $0.56. At the moment, the stock has a 52-week-high of $165.61 and a 52-week-low of $126.95. Heico closed at $151.70 at the end of the last trading period.

According to JP Morgan, the prior rating for Avis Budget Group Inc CAR was changed from Neutral to Overweight. Avis Budget Gr earned $15.94 in the second quarter, compared to $5.90 in the year-ago quarter. The stock has a 52-week-high of $327.80 and a 52-week-low of $131.83. At the end of the last trading period, Avis Budget Gr closed at $189.35.

According to JP Morgan, the prior rating for Visteon Corp VC was changed from Underweight to Neutral. In the second quarter, Visteon showed an EPS of $1.34, compared to $0.32 from the year-ago quarter. The current stock performance of Visteon shows a 52-week-high of $140.44 and a 52-week-low of $88.82. Moreover, at the end of the last trading period, the closing price was at $123.85.

According to JP Morgan, the prior rating for Wolfspeed Inc WOLF was changed from Neutral to Overweight. In the fourth quarter, Wolfspeed showed an EPS of $0.02, compared to $0.23 from the year-ago quarter. The stock has a 52-week-high of $125.58 and a 52-week-low of $58.07. At the end of the last trading period, Wolfspeed closed at $105.77.

Barclays upgraded the previous rating for Texas Instruments Inc TXN from Underweight to Equal-Weight. In the second quarter, Texas Instruments showed an EPS of $2.45, compared to $2.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $192.10 and a 52-week-low of $144.46. Texas Instruments closed at $159.72 at the end of the last trading period.

According to Raymond James, the prior rating for AT&T Inc T was changed from Outperform to Strong Buy. In the third quarter, AT&T showed an EPS of $0.68, compared to $0.87 from the year-ago quarter. The stock has a 52-week-high of $27.48 and a 52-week-low of $14.46. At the end of the last trading period, AT&T closed at $17.10.

See all analyst ratings upgrades.

Downgrades

For CapStar Financial Holdings Inc CSTR, Keefe, Bruyette & Woods downgraded the previous rating of Outperform to Market Perform. CapStar Finl Hldgs earned $0.37 in the third quarter, compared to $0.59 in the year-ago quarter. The stock has a 52-week-high of $22.17 and a 52-week-low of $17.50. At the end of the last trading period, CapStar Finl Hldgs closed at $18.21.

According to Goldman Sachs, the prior rating for CNH Industrial NV CNHI was changed from Buy to Neutral. In the second quarter, CNH Industrial showed an EPS of $0.43, compared to $0.42 from the year-ago quarter. The current stock performance of CNH Industrial shows a 52-week-high of $17.13 and a 52-week-low of $10.60. Moreover, at the end of the last trading period, the closing price was at $12.68.

According to B of A Securities, the prior rating for Southern Co SO was changed from Neutral to Underperform. In the second quarter, Southern showed an EPS of $1.07, compared to $0.84 from the year-ago quarter. The current stock performance of Southern shows a 52-week-high of $80.57 and a 52-week-low of $60.71. Moreover, at the end of the last trading period, the closing price was at $64.50.

According to Scotiabank, the prior rating for Banco Santander Mexico SA BSMX was changed from Sector Outperform to Sector Underperform. For the second quarter, Banco Santander Mexico had an EPS of $0.25, compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $5.90 and a 52-week-low of $4.52. At the end of the last trading period, Banco Santander Mexico closed at $5.70.

DA Davidson downgraded the previous rating for Diebold Nixdorf Inc DBD from Buy to Neutral. For the second quarter, Diebold Nixdorf had an EPS of $0.38, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $11.00 and a 52-week-low of $2.12. Diebold Nixdorf closed at $2.21 at the end of the last trading period.

For Tremor International Ltd TRMR, Raymond James downgraded the previous rating of Outperform to Market Perform. In the second quarter, Tremor Intl showed an EPS of $0.32, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.73 and a 52-week-low of $6.49. Tremor Intl closed at $7.83 at the end of the last trading period.

Truist Securities downgraded the previous rating for Assembly Biosciences Inc ASMB from Buy to Hold. For the second quarter, Assembly Biosciences had an EPS of $0.51, compared to year-ago quarter EPS of $0.55. At the moment, the stock has a 52-week-high of $2.45 and a 52-week-low of $1.32. Assembly Biosciences closed at $1.54 at the end of the last trading period.

According to B of A Securities, the prior rating for MDU Resources Group Inc MDU was changed from Neutral to Underperform. In the second quarter, MDU Resources Gr showed an EPS of $0.35, compared to $0.50 from the year-ago quarter. The stock has a 52-week-high of $32.19 and a 52-week-low of $24.92. At the end of the last trading period, MDU Resources Gr closed at $28.62.

For The Aarons Co Inc AAN, B of A Securities downgraded the previous rating of Neutral to Underperform. The stock has a 52-week-high of $25.96 and a 52-week-low of $8.35. At the end of the last trading period, Aarons closed at $8.71.

B of A Securities downgraded the previous rating for Meta Platforms Inc META from Buy to Neutral. In the second quarter, Meta Platforms showed an EPS of $2.46, compared to $3.61 from the year-ago quarter. The stock has a 52-week-high of $199.45 and a 52-week-low of $11.73. At the end of the last trading period, Meta Platforms closed at $130.01.

For Danaher Corp DHR, Benchmark downgraded the previous rating of Buy to Hold. In the third quarter, Danaher showed an EPS of $2.56, compared to $2.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $328.57 and a 52-week-low of $233.71. Danaher closed at $244.59 at the end of the last trading period.

Piper Sandler downgraded the previous rating for CapStar Financial Holdings Inc CSTR from Overweight to Neutral. For the third quarter, CapStar Finl Hldgs had an EPS of $0.37, compared to year-ago quarter EPS of $0.59. The current stock performance of CapStar Finl Hldgs shows a 52-week-high of $22.17 and a 52-week-low of $17.50. Moreover, at the end of the last trading period, the closing price was at $18.21.

For Huntington Bancshares Inc HBAN, Stephens & Co. downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Huntington Bancshares had an EPS of $0.39, compared to year-ago quarter EPS of $0.35. The stock has a 52-week-high of $17.79 and a 52-week-low of $11.67. At the end of the last trading period, Huntington Bancshares closed at $14.45.

Jefferies downgraded the previous rating for Williams-Sonoma Inc WSM from Hold to Underperform. Williams-Sonoma earned $3.87 in the second quarter, compared to $3.24 in the year-ago quarter. The current stock performance of Williams-Sonoma shows a 52-week-high of $176.89 and a 52-week-low of $101.58. Moreover, at the end of the last trading period, the closing price was at $117.61.

For NXP Semiconductors NV NXPI, Barclays downgraded the previous rating of Overweight to Equal-Weight. In the second quarter, NXP Semiconductors showed an EPS of $3.52, compared to $2.44 from the year-ago quarter. At the moment, the stock has a 52-week-high of $234.90 and a 52-week-low of $132.08. NXP Semiconductors closed at $145.25 at the end of the last trading period.

Barclays downgraded the previous rating for Analog Devices Inc ADI from Overweight to Equal-Weight. For the third quarter, Analog Devices had an EPS of $2.52, compared to year-ago quarter EPS of $1.72. At the moment, the stock has a 52-week-high of $180.01 and a 52-week-low of $133.48. Analog Devices closed at $146.59 at the end of the last trading period.

Barclays downgraded the previous rating for Silicon Laboratories Inc SLAB from Equal-Weight to Underweight. For the second quarter, Silicon Laboratories had an EPS of $1.17, compared to year-ago quarter EPS of $1.05. The current stock performance of Silicon Laboratories shows a 52-week-high of $211.98 and a 52-week-low of $113.47. Moreover, at the end of the last trading period, the closing price was at $124.90.

For Qorvo Inc QRVO, Barclays downgraded the previous rating of Overweight to Equal-Weight. For the first quarter, Qorvo had an EPS of $2.25, compared to year-ago quarter EPS of $2.83. The current stock performance of Qorvo shows a 52-week-high of $163.12 and a 52-week-low of $75.38. Moreover, at the end of the last trading period, the closing price was at $85.49.

Piper Sandler downgraded the previous rating for NovoCure Ltd NVCR from Overweight to Neutral. For the second quarter, NovoCure had an EPS of $0.23, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $90.98 and a 52-week-low of $56.39. NovoCure closed at $72.61 at the end of the last trading period.

According to HSBC, the prior rating for Chevron Corp CVX was changed from Buy to Hold. In the second quarter, Chevron showed an EPS of $5.82, compared to $1.71 from the year-ago quarter. At the moment, the stock has a 52-week-high of $182.40 and a 52-week-low of $117.29. Chevron closed at $173.19 at the end of the last trading period.

According to Raymond James, the prior rating for Continental Resources Inc CLR was changed from Outperform to Market Perform. Continental Resources earned $3.47 in the second quarter, compared to $0.91 in the year-ago quarter. At the moment, the stock has a 52-week-high of $75.49 and a 52-week-low of $44.38. Continental Resources closed at $74.00 at the end of the last trading period.

Cowen & Co. downgraded the previous rating for Tattooed Chef Inc TTCF from Outperform to Market Perform. For the second quarter, Tattooed Chef had an EPS of $0.32, compared to year-ago quarter EPS of $0.08. The current stock performance of Tattooed Chef shows a 52-week-high of $15.64 and a 52-week-low of $4.05. Moreover, at the end of the last trading period, the closing price was at $4.30.

BMO Capital downgraded the previous rating for Green Plains Inc GPRE from Outperform to Market Perform. Green Plains earned $0.73 in the second quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $41.25 and a 52-week-low of $26.09. At the end of the last trading period, Green Plains closed at $29.02.

According to Wells Fargo, the prior rating for FedEx Corp FDX was changed from Overweight to Equal-Weight. FedEx earned $3.44 in the first quarter, compared to $4.37 in the year-ago quarter. The stock has a 52-week-high of $266.79 and a 52-week-low of $141.92. At the end of the last trading period, FedEx closed at $153.23.

SVB Leerink downgraded the previous rating for AVEO Pharmaceuticals Inc AVEO from Outperform to Market Perform. AVEO Pharmaceuticals earned $0.24 in the second quarter, compared to $0.40 in the year-ago quarter. The current stock performance of AVEO Pharmaceuticals shows a 52-week-high of $14.95 and a 52-week-low of $3.06. Moreover, at the end of the last trading period, the closing price was at $14.76.

See all analyst ratings downgrades.

Initiations

Evercore ISI Group initiated coverage on Doximity Inc DOCS with an In-Line rating. The price target for Doximity is set to $28.00. In the first quarter, Doximity showed an EPS of $0.14, compared to $0.11 from the year-ago quarter. The current stock performance of Doximity shows a 52-week-high of $64.95 and a 52-week-low of $23.73. Moreover, at the end of the last trading period, the closing price was at $25.02.

Evercore ISI Group initiated coverage on R1 RCM Inc RCM with an Outperform rating. The price target for R1 RCM is set to $25.00. For the second quarter, R1 RCM had an EPS of $0.07, compared to year-ago quarter EPS of $0.06. At the moment, the stock has a 52-week-high of $27.86 and a 52-week-low of $16.07. R1 RCM closed at $16.72 at the end of the last trading period.

Craig-Hallum initiated coverage on CECO Environmental Corp CECE with a Buy rating. The price target for CECO Environmental is set to $17.00. In the second quarter, CECO Environmental showed an EPS of $0.18, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.80 and a 52-week-low of $4.09. CECO Environmental closed at $10.50 at the end of the last trading period.

With a Hold rating, HSBC initiated coverage on Advanced Micro Devices Inc AMD. The price target seems to have been set at $60.00 for Advanced Micro Devices. For the second quarter, Advanced Micro Devices had an EPS of $1.05, compared to year-ago quarter EPS of $0.63. The current stock performance of Advanced Micro Devices shows a 52-week-high of $152.42 and a 52-week-low of $54.57. Moreover, at the end of the last trading period, the closing price was at $58.82.

With a Reduce rating, HSBC initiated coverage on Intel Corp INTC. The price target seems to have been set at $23.00 for Intel. Intel earned $0.29 in the second quarter, compared to $1.28 in the year-ago quarter. The current stock performance of Intel shows a 52-week-high of $56.28 and a 52-week-low of $24.59. Moreover, at the end of the last trading period, the closing price was at $26.97.

Gordon Haskett initiated coverage on Ollie's Bargain Outlet Holdings Inc OLLI with a Buy rating. The price target for Ollie's Bargain Outlet is set to $60.00. In the second quarter, Ollie's Bargain Outlet showed an EPS of $0.22, compared to $0.52 from the year-ago quarter. The stock has a 52-week-high of $72.27 and a 52-week-low of $37.67. At the end of the last trading period, Ollie's Bargain Outlet closed at $54.88.

With an Overweight rating, Cantor Fitzgerald initiated coverage on WeWork Inc WE. The price target seems to have been set at $8.00 for WeWork. For the second quarter, WeWork had an EPS of $0.76, compared to year-ago quarter EPS of $6.12. The stock has a 52-week-high of $9.83 and a 52-week-low of $1.94. At the end of the last trading period, WeWork closed at $2.09.

With a Neutral rating, Citigroup initiated coverage on LiveWire Group Inc LVWR. The price target seems to have been set at $8.70 for LiveWire Gr. The stock has a 52-week-high of $11.62 and a 52-week-low of $6.75. At the end of the last trading period, LiveWire Gr closed at $7.69.

With a Sector Perform rating, RBC Capital initiated coverage on Westport Fuel Systems Inc WPRT. The price target seems to have been set at $2.50 for Westport Fuel Systems. For the second quarter, Westport Fuel Systems had an EPS of $0.07, compared to year-ago quarter EPS of $0.11. The stock has a 52-week-high of $2.73 and a 52-week-low of $0.80. At the end of the last trading period, Westport Fuel Systems closed at $0.84.

Loop Capital initiated coverage on Flywire Corp FLYW with a Buy rating. The price target for Flywire is set to $25.00. In the second quarter, Flywire showed an EPS of $0.22, compared to $0.35 from the year-ago quarter. The current stock performance of Flywire shows a 52-week-high of $39.31 and a 52-week-low of $14.56. Moreover, at the end of the last trading period, the closing price was at $21.48.

Citigroup initiated coverage on Harley-Davidson Inc HOG with a Neutral rating. The price target for Harley-Davidson is set to $40.00. For the second quarter, Harley-Davidson had an EPS of $1.46, compared to year-ago quarter EPS of $1.41. The current stock performance of Harley-Davidson shows a 52-week-high of $44.46 and a 52-week-low of $29.80. Moreover, at the end of the last trading period, the closing price was at $35.90.

See all analyst ratings initiations.