Upgrades
Downgrades
According to Argus Research, the prior rating for Nucor Corp (NYSE:NUE) was changed from Buy to Hold. In the second quarter, Nucor showed an EPS of $0.36, compared to $1.31 from the year-ago quarter. The stock has a 52-week-high of $58.70 and a 52-week-low of $27.52. At the end of the last trading period, Nucor closed at $45.41.
Argus Research downgraded the previous rating for Motorola Solutions Inc (NYSE:MSI) from Buy to Hold. Motorola Solutions earned $1.39 in the second quarter, compared to $1.69 in the year-ago quarter. At the moment, the stock has a 52-week-high of $187.49 and a 52-week-low of $120.77. Motorola Solutions closed at $142.97 at the end of the last trading period.
For GTT Communications Inc (NYSE:GTT), Raymond James downgraded the previous rating of Outperform to the current rating Underperform. For the first quarter, GTT Communications had an EPS of $1.34, compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $15.77 and a 52-week-low of $3.94. At the end of the last trading period, GTT Communications closed at $4.96.
According to Deutsche Bank, the prior rating for Pan American Silver Corp (NASDAQ:PAAS) was changed from Buy to Hold. Pan American Silver earned $0.28 in the second quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $40.11 and a 52-week-low of $10.61. At the end of the last trading period, Pan American Silver closed at $32.04.
Stephens & Co. downgraded the previous rating for Beacon Roofing Supply Inc (NASDAQ:BECN) from Overweight to Equal-Weight. Beacon Roofing Supply earned $1.01 in the third quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $36.78 and a 52-week-low of $11.66. Beacon Roofing Supply closed at $30.44 at the end of the last trading period.
According to BTIG, the prior rating for Varian Medical Systems Inc (NYSE:VAR) was changed from Buy to Neutral. Varian Medical Systems earned $0.78 in the third quarter, compared to $1.32 in the year-ago quarter. The stock has a 52-week-high of $176.19 and a 52-week-low of $89.62. At the end of the last trading period, Varian Medical Systems closed at $173.27.
Initiations
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