Benzinga's Top Ratings Upgrades, Downgrades For September 1, 2021

Upgrades

For Chatham Lodging Trust CLDT, Barclays upgraded the previous rating of Equal-Weight to Overweight. In the second quarter, Chatham Lodging showed an EPS of $0.10, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $14.95 and a 52-week-low of $6.59. At the end of the last trading period, Chatham Lodging closed at $12.00.
For Farmer Bros Co FARM, Roth Capital upgraded the previous rating of Neutral to Buy. In the third quarter, Farmer Bros showed an EPS of $0.78, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $13.08 and a 52-week-low of $3.40. At the end of the last trading period, Farmer Bros closed at $7.40.
According to Wolfe Research, the prior rating for Apple Inc AAPL was changed from Underperform to Peer Perform. For the third quarter, Apple had an EPS of $1.30, compared to year-ago quarter EPS of $2.58. At the moment, the stock has a 52-week-high of $153.49 and a 52-week-low of $103.10. Apple closed at $151.83 at the end of the last trading period.
According to Citigroup, the prior rating for Canadian National Railway Co CNI was changed from Neutral to Buy. Canadian National Railway earned $1.21 in the second quarter, compared to $0.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $120.64 and a 52-week-low of $98.69. Canadian National Railway closed at $117.63 at the end of the last trading period.
Morgan Stanley upgraded the previous rating for Schrodinger Inc SDGR from Equal-Weight to Overweight. Schrodinger earned $0.49 in the second quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $117.00 and a 52-week-low of $46.27. At the end of the last trading period, Schrodinger closed at $59.69.
According to Wells Fargo, the prior rating for PPL Corp PPL was changed from Equal-Weight to Overweight. In the second quarter, PPL showed an EPS of $0.19, compared to $0.55 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.80 and a 52-week-low of $25.47. PPL closed at $29.35 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

For Canadian National Railway Co CNI, Loop Capital downgraded the previous rating of Buy to Hold. In the second quarter, Canadian National Railway showed an EPS of $1.21, compared to $0.92 from the year-ago quarter. At the moment, the stock has a 52-week-high of $120.64 and a 52-week-low of $98.69. Canadian National Railway closed at $117.63 at the end of the last trading period.
Loop Capital downgraded the previous rating for Kansas City Southern KSU from Buy to Hold. In the second quarter, Kansas City Southern showed an EPS of $2.06, compared to $1.15 from the year-ago quarter. The stock has a 52-week-high of $315.39 and a 52-week-low of $171.82. At the end of the last trading period, Kansas City Southern closed at $280.67.
Macquarie downgraded the previous rating for Reading International Inc RDI from Outperform to Neutral. In the second quarter, Reading Intl showed an EPS of $0.53, compared to $1.04 from the year-ago quarter. The current stock performance of Reading Intl shows a 52-week-high of $7.64 and a 52-week-low of $2.21. Moreover, at the end of the last trading period, the closing price was at $5.14.
According to Macquarie, the prior rating for AMC Entertainment Holdings Inc AMC was changed from Neutral to Underperform. AMC Entertainment earned $0.71 in the second quarter, compared to $5.44 in the year-ago quarter. The current stock performance of AMC Entertainment shows a 52-week-high of $72.62 and a 52-week-low of $1.91. Moreover, at the end of the last trading period, the closing price was at $47.13.
According to Rosenblatt, the prior rating for Facebook Inc FB was changed from Buy to Neutral. Facebook earned $3.61 in the second quarter, compared to $1.80 in the year-ago quarter. The stock has a 52-week-high of $382.76 and a 52-week-low of $244.13. At the end of the last trading period, Facebook closed at $379.38.
According to Wells Fargo, the prior rating for DTE Energy Co DTE was changed from Overweight to Equal-Weight. DTE Energy earned $1.70 in the second quarter, compared to $1.53 in the year-ago quarter. The current stock performance of DTE Energy shows a 52-week-high of $145.43 and a 52-week-low of $109.64. Moreover, at the end of the last trading period, the closing price was at $120.34.
For American Water Works Co Inc AWK, HSBC downgraded the previous rating of Buy to Hold. American Water Works Co earned $1.14 in the second quarter, compared to $0.97 in the year-ago quarter. The stock has a 52-week-high of $185.24 and a 52-week-low of $131.01. At the end of the last trading period, American Water Works Co closed at $182.25.

See all analyst ratings downgrades.

Initiations

Barclays initiated coverage on Americold Realty Trust COLD with an Underweight rating. The price target for Americold Realty Trust is set to $38.00. Americold Realty Trust earned $0.15 in the second quarter, compared to $0.27 in the year-ago quarter. The current stock performance of Americold Realty Trust shows a 52-week-high of $40.85 and a 52-week-low of $32.94. Moreover, at the end of the last trading period, the closing price was at $36.74.
With an Underweight rating, Barclays initiated coverage on AvalonBay Communities Inc AVB. The price target seems to have been set at $225.00 for AvalonBay Communities. In the second quarter, AvalonBay Communities showed an EPS of $1.98, compared to $2.23 from the year-ago quarter. The current stock performance of AvalonBay Communities shows a 52-week-high of $232.72 and a 52-week-low of $131.38. Moreover, at the end of the last trading period, the closing price was at $229.58.
Barclays initiated coverage on Boston Properties Inc BXP with an Overweight rating. The price target for Boston Properties is set to $134.00. Boston Properties earned $1.72 in the second quarter, compared to $1.52 in the year-ago quarter. At the moment, the stock has a 52-week-high of $124.24 and a 52-week-low of $69.69. Boston Properties closed at $112.99 at the end of the last trading period.
Barclays initiated coverage on Brixmor Property Group Inc BRX with an Overweight rating. The price target for Brixmor Property Group is set to $30.00. Brixmor Property Group earned $0.46 in the second quarter, compared to $0.32 in the year-ago quarter. The current stock performance of Brixmor Property Group shows a 52-week-high of $24.42 and a 52-week-low of $10.58. Moreover, at the end of the last trading period, the closing price was at $23.45.
With an Overweight rating, Barclays initiated coverage on Duke Realty Corp DRE. The price target seems to have been set at $57.00 for Duke Realty. For the second quarter, Duke Realty had an EPS of $0.44, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $52.59 and a 52-week-low of $35.37. At the end of the last trading period, Duke Realty closed at $52.51.
Barclays initiated coverage on Equity Lifestyle Properties Inc ELS with an Overweight rating. The price target for Equity Lifestyle Props is set to $92.00. For the second quarter, Equity Lifestyle Props had an EPS of $0.61, compared to year-ago quarter EPS of $0.47. The current stock performance of Equity Lifestyle Props shows a 52-week-high of $85.22 and a 52-week-low of $57.93. Moreover, at the end of the last trading period, the closing price was at $85.07.
Barclays initiated coverage on Essex Property Trust Inc ESS with a Equal-Weight rating. The price target for Essex Property Trust is set to $335.00. In the second quarter, Essex Property Trust showed an EPS of $3.04, compared to $3.16 from the year-ago quarter. The current stock performance of Essex Property Trust shows a 52-week-high of $336.75 and a 52-week-low of $186.30. Moreover, at the end of the last trading period, the closing price was at $330.74.
With an Overweight rating, Barclays initiated coverage on First Industrial Realty Trust Inc FR. The price target seems to have been set at $65.00 for First Industrial Realty. First Industrial Realty earned $0.48 in the second quarter, compared to $0.46 in the year-ago quarter. The current stock performance of First Industrial Realty shows a 52-week-high of $56.69 and a 52-week-low of $38.85. Moreover, at the end of the last trading period, the closing price was at $55.99.
With an Overweight rating, Barclays initiated coverage on Invitation Homes Inc INVH. The price target seems to have been set at $46.00 for Invitation Homes. Invitation Homes earned $0.37 in the second quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $41.34 and a 52-week-low of $26.35. At the end of the last trading period, Invitation Homes closed at $41.18.
With an Overweight rating, Barclays initiated coverage on American Homes 4 Rent AMH. The price target seems to have been set at $49.00 for American Homes 4 Rent. For the second quarter, American Homes 4 Rent had an EPS of $0.33, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $42.61 and a 52-week-low of $26.96. At the end of the last trading period, American Homes 4 Rent closed at $41.94.
Barclays initiated coverage on Kimco Realty Corp KIM with an Overweight rating. The price target for Kimco Realty is set to $27.00. For the second quarter, Kimco Realty had an EPS of $0.34, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $22.45 and a 52-week-low of $10.04. At the end of the last trading period, Kimco Realty closed at $21.79.
With an Overweight rating, Barclays initiated coverage on Prologis Inc PLD. The price target seems to have been set at $159.00 for Prologis. In the second quarter, Prologis showed an EPS of $1.01, compared to $1.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $135.03 and a 52-week-low of $93.08. Prologis closed at $134.66 at the end of the last trading period.
B of A Securities initiated coverage on Organon & Co OGN with a Buy rating. The price target for Organon is set to $43.00. In the second quarter, Organon earned $1.72. The current stock performance of Organon shows a 52-week-high of $38.24 and a 52-week-low of $27.25. Moreover, at the end of the last trading period, the closing price was at $33.89.
With a Buy rating, Benchmark initiated coverage on Atlas Crest Investment Corp ACIC. The price target seems to have been set at $15.00 for Atlas Crest Investment. The current stock performance of Atlas Crest Investment shows a 52-week-high of $18.60 and a 52-week-low of $9.73. Moreover, at the end of the last trading period, the closing price was at $10.00.
With a Buy rating, HC Wainwright & Co. initiated coverage on Greenwich LifeSciences Inc GLSI. The price target seems to have been set at $78.00 for Greenwich LifeSciences. Greenwich LifeSciences earned $0.05 in the first quarter. The current stock performance of Greenwich LifeSciences shows a 52-week-high of $158.07 and a 52-week-low of $3.26. Moreover, at the end of the last trading period, the closing price was at $40.02.
Barclays initiated coverage on Chart Industries Inc GTLS with an Overweight rating. The price target for Chart Industries is set to $226.00. In the second quarter, Chart Industries showed an EPS of $0.80, compared to $0.63 from the year-ago quarter. The stock has a 52-week-high of $193.70 and a 52-week-low of $62.12. At the end of the last trading period, Chart Industries closed at $188.38.
Goldman Sachs initiated coverage on Pactiv Evergreen Inc PTVE with a Neutral rating. The price target for Pactiv Evergreen is set to $15.00. In the second quarter, Pactiv Evergreen earned $0.04. The current stock performance of Pactiv Evergreen shows a 52-week-high of $19.61 and a 52-week-low of $10.40. Moreover, at the end of the last trading period, the closing price was at $13.75.
With an Outperform rating, Cowen & Co. initiated coverage on Deluxe Corp DLX. The price target seems to have been set at $55.00 for Deluxe. Deluxe earned $1.25 in the second quarter, compared to $1.15 in the year-ago quarter. The stock has a 52-week-high of $48.38 and a 52-week-low of $20.89. At the end of the last trading period, Deluxe closed at $38.35.
Cowen & Co. initiated coverage on Verint Systems Inc VRNT with an Outperform rating. The price target for Verint Systems is set to $75.00. In the first quarter, Verint Systems showed an EPS of $0.44, compared to $0.52 from the year-ago quarter. The current stock performance of Verint Systems shows a 52-week-high of $77.70 and a 52-week-low of $41.45. Moreover, at the end of the last trading period, the closing price was at $44.64.
With a Buy rating, Berenberg initiated coverage on Corteva Inc CTVA. The price target seems to have been set at $58.00 for Corteva. In the second quarter, Corteva showed an EPS of $1.40, compared to $1.26 from the year-ago quarter. The stock has a 52-week-high of $49.98 and a 52-week-low of $27.18. At the end of the last trading period, Corteva closed at $43.97.
Piper Sandler initiated coverage on First Northwest Bancorp FNWB with a Neutral rating. The price target for First Northwest Bancorp is set to $20.00. For the fourth quarter, First Northwest Bancorp had an EPS of $0.32, compared to year-ago quarter EPS of $0.21. The current stock performance of First Northwest Bancorp shows a 52-week-high of $19.25 and a 52-week-low of $9.45. Moreover, at the end of the last trading period, the closing price was at $18.84.
Wolfe Research initiated coverage on Plug Power Inc PLUG with an Outperform rating. The price target for Plug Power is set to $34.00. In the second quarter, Plug Power showed an EPS of $0.18, compared to $0.03 from the year-ago quarter. The current stock performance of Plug Power shows a 52-week-high of $75.49 and a 52-week-low of $10.56. Moreover, at the end of the last trading period, the closing price was at $26.06.
Wolfe Research initiated coverage on Sunnova Energy International Inc NOVA with an Outperform rating. The price target for Sunnova Energy Intl is set to $50.00. In the second quarter, Sunnova Energy Intl showed an EPS of $0.57, compared to $0.30 from the year-ago quarter. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $57.70 and a 52-week-low of $18.82. Moreover, at the end of the last trading period, the closing price was at $36.20.
Wolfe Research initiated coverage on Sunrun Inc RUN with an Outperform rating. The price target for Sunrun is set to $62.00. Sunrun earned $0.20 in the second quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $100.93 and a 52-week-low of $37.42. Sunrun closed at $44.25 at the end of the last trading period.
With an Underperform rating, Wolfe Research initiated coverage on Ballard Power Systems Inc BLDP. The price target seems to have been set at $16.00 for Ballard Power Systems. For the second quarter, Ballard Power Systems had an EPS of $0.07, compared to year-ago quarter EPS of $0.05. The current stock performance of Ballard Power Systems shows a 52-week-high of $42.28 and a 52-week-low of $12.68. Moreover, at the end of the last trading period, the closing price was at $16.80.
Wolfe Research initiated coverage on Bloom Energy Corp BE with a Peer Perform rating. The price target for Bloom Energy is set to $25.00. For the second quarter, Bloom Energy had an EPS of $0.23, compared to year-ago quarter EPS of $0.23. The stock has a 52-week-high of $44.95 and a 52-week-low of $12.37. At the end of the last trading period, Bloom Energy closed at $21.42.
With a Peer Perform rating, Wolfe Research initiated coverage on First Solar Inc FSLR. The price target seems to have been set at $100.00 for First Solar. First Solar earned $0.77 in the second quarter, compared to $0.39 in the year-ago quarter. The current stock performance of First Solar shows a 52-week-high of $112.50 and a 52-week-low of $59.52. Moreover, at the end of the last trading period, the closing price was at $94.00.
Wolfe Research initiated coverage on SolarEdge Technologies Inc SEDG with an Outperform rating. SolarEdge Technologies earned $1.28 in the second quarter, compared to $0.97 in the year-ago quarter. The current stock performance of SolarEdge Technologies shows a 52-week-high of $377.00 and a 52-week-low of $178.32. Moreover, at the end of the last trading period, the closing price was at $289.78.
Wolfe Research initiated coverage on Enphase Energy Inc ENPH with an Outperform rating. For the second quarter, Enphase Energy had an EPS of $0.53, compared to year-ago quarter EPS of $0.17. At the moment, the stock has a 52-week-high of $229.04 and a 52-week-low of $58.67. Enphase Energy closed at $173.73 at the end of the last trading period.
With a Buy rating, UBS initiated coverage on Marketwise Inc MKTW. The price target seems to have been set at $14.00 for Marketwise. Interestingly, in the second quarter, Marketwise's EPS was $0.02. Marketwise closed at $9.02 at the end of the last trading period.