Upgrades
Oppenheimer upgraded the previous rating for Corteva Inc (NYSE:CTVA) from Perform to Outperform. Corteva earned $1.60 in the second quarter, compared to $1.64 in the year-ago quarter. The stock has a 52-week-high of $68.42 and a 52-week-low of $48.59. At the end of the last trading period, Corteva closed at $50.96.
Scotiabank upgraded the previous rating for AT&T Inc (NYSE:T) from Sector Perform to Sector Outperform. For the third quarter, AT&T had an EPS of $0.64, compared to year-ago quarter EPS of $0.68. The stock has a 52-week-high of $22.84 and a 52-week-low of $13.43. At the end of the last trading period, AT&T closed at $15.26.
Raymond James upgraded the previous rating for Dycom Industries Inc (NYSE:DY) from Outperform to Strong Buy. Dycom Industries earned $2.03 in the second quarter, compared to $1.46 in the year-ago quarter. At the moment, the stock has a 52-week-high of $122.09 and a 52-week-low of $77.33. Dycom Industries closed at $82.26 at the end of the last trading period.
For Crocs Inc (NASDAQ:CROX), Raymond James upgraded the previous rating of Market Perform to Outperform. Crocs earned $3.59 in the second quarter, compared to $3.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $151.32 and a 52-week-low of $66.61. Crocs closed at $84.45 at the end of the last trading period.
For Knight-Swift Transportation Holdings Inc (NYSE:KNX), JP Morgan upgraded the previous rating of Underweight to Neutral. For the third quarter, Knight-Swift had an EPS of $0.41, compared to year-ago quarter EPS of $1.27. The stock has a 52-week-high of $64.35 and a 52-week-low of $45.70. At the end of the last trading period, Knight-Swift closed at $45.88.
Wolfe Research upgraded the previous rating for Morgan Stanley (NYSE:MS) from Underperform to Peer Perform. In the third quarter, Morgan Stanley showed an EPS of $1.38, compared to $1.47 from the year-ago quarter. The stock has a 52-week-high of $100.99 and a 52-week-low of $72.89. At the end of the last trading period, Morgan Stanley closed at $72.92.
For Alvotech (NASDAQ:ALVO), Citigroup upgraded the previous rating of Sell to Neutral. The stock has a 52-week-high of $14.60 and a 52-week-low of $5.56. At the end of the last trading period, Alvotech closed at $8.85.
For Union Pacific Corp (NYSE:UNP), Deutsche Bank upgraded the previous rating of Hold to Buy. For the third quarter, Union Pacific had an EPS of $2.51, compared to year-ago quarter EPS of $3.19. The stock has a 52-week-high of $240.48 and a 52-week-low of $183.69. At the end of the last trading period, Union Pacific closed at $210.33.
According to HSBC, the prior rating for America Movil SAB de CV (NYSE:AMX) was changed from Hold to Buy. In the third quarter, America Movil showed an EPS of $0.04, compared to $0.28 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.07 and a 52-week-low of $15.99. America Movil closed at $16.54 at the end of the last trading period.
See all analyst ratings upgrades.
Downgrades
For Yum Brands Inc (NYSE:YUM), Redburn Atlantic downgraded the previous rating of Buy to Neutral. For the second quarter, Yum Brands had an EPS of $1.41, compared to year-ago quarter EPS of $1.05. The stock has a 52-week-high of $143.25 and a 52-week-low of $107.72. At the end of the last trading period, Yum Brands closed at $120.56.
According to UBS, the prior rating for Blue Owl Capital Inc (NYSE:OWL) was changed from Buy to Neutral. In the second quarter, Blue Owl Cap showed an EPS of $0.16, compared to $0.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $14.04 and a 52-week-low of $8.54. Blue Owl Cap closed at $12.67 at the end of the last trading period.
For Sunrun Inc (NASDAQ:RUN), Deutsche Bank downgraded the previous rating of Buy to Hold. For the second quarter, Sunrun had an EPS of $0.25, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $33.33 and a 52-week-low of $9.60. At the end of the last trading period, Sunrun closed at $10.58.
See all analyst ratings downgrades.
Initiations
UBS initiated coverage on Nuvei Corp (NASDAQ:NVEI) with a Buy rating. The price target for Nuvei is set to $20.00. Nuvei earned $0.39 in the second quarter, compared to $0.51 in the year-ago quarter. At the moment, the stock has a 52-week-high of $43.81 and a 52-week-low of $14.29. Nuvei closed at $15.48 at the end of the last trading period.
BTIG initiated coverage on Invesco Mortgage Capital Inc (NYSE:IVR) with a Neutral rating. In the second quarter, Invesco Mortgage Capital showed an EPS of $1.45, compared to $1.40 from the year-ago quarter. The stock has a 52-week-high of $15.55 and a 52-week-low of $7.48. At the end of the last trading period, Invesco Mortgage Capital closed at $7.49.
Exane BNP Paribas initiated coverage on Stem Inc (NYSE:STEM) with a Neutral rating. The price target for Stem is set to $5.00. In the second quarter, Stem showed an EPS of $0.26, compared to $0.21 from the year-ago quarter. The stock has a 52-week-high of $14.82 and a 52-week-low of $3.50. At the end of the last trading period, Stem closed at $3.68.
With a Buy rating, Roth MKM initiated coverage on Stryker Corp (NYSE:SYK). The price target seems to have been set at $345.00 for Stryker. Stryker earned $2.54 in the second quarter, compared to $2.25 in the year-ago quarter. The stock has a 52-week-high of $306.93 and a 52-week-low of $205.45. At the end of the last trading period, Stryker closed at $268.42.
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