Benzinga's Top Ratings Upgrades, Downgrades For September 29, 2021

Upgrades

For Spirit AeroSystems Holdings Inc SPR, Bernstein upgraded the previous rating of Market Perform to Outperform. Spirit AeroSystems Hldgs earned $0.31 in the second quarter, compared to $2.28 in the year-ago quarter. The current stock performance of Spirit AeroSystems Hldgs shows a 52-week-high of $53.63 and a 52-week-low of $17.60. Moreover, at the end of the last trading period, the closing price was at $43.16.
For Arch Resources Inc ARCH, Citigroup upgraded the previous rating of Neutral to Buy. In the second quarter, Arch Resources showed an EPS of $1.66, compared to $3.26 from the year-ago quarter. The stock has a 52-week-high of $87.50 and a 52-week-low of $27.86. At the end of the last trading period, Arch Resources closed at $85.65.
According to Citigroup, the prior rating for Teck Resources Ltd TECK was changed from Neutral to Buy. Teck Resources earned $0.51 in the second quarter, compared to $0.12 in the year-ago quarter. The current stock performance of Teck Resources shows a 52-week-high of $27.08 and a 52-week-low of $11.91. Moreover, at the end of the last trading period, the closing price was at $24.86.
According to Citigroup, the prior rating for Eli Lilly and Co LLY was changed from Neutral to Buy. Eli Lilly earned $1.87 in the second quarter, compared to $1.89 in the year-ago quarter. The stock has a 52-week-high of $275.87 and a 52-week-low of $129.21. At the end of the last trading period, Eli Lilly closed at $221.60.
According to Mizuho, the prior rating for Essex Property Trust Inc ESS was changed from Neutral to Buy. For the second quarter, Essex Property Trust had an EPS of $3.04, compared to year-ago quarter EPS of $3.16. The stock has a 52-week-high of $337.43 and a 52-week-low of $186.30. At the end of the last trading period, Essex Property Trust closed at $319.67.
According to Evercore ISI Group, the prior rating for Occidental Petroleum Corp OXY was changed from In-Line to Outperform. In the second quarter, Occidental Petroleum showed an EPS of $0.32, compared to $1.76 from the year-ago quarter. The current stock performance of Occidental Petroleum shows a 52-week-high of $33.50 and a 52-week-low of $8.52. Moreover, at the end of the last trading period, the closing price was at $29.90.
According to RBC Capital, the prior rating for UBS Group AG UBS was changed from Sector Perform to Outperform. UBS Group earned $0.55 in the second quarter, compared to $0.33 in the year-ago quarter. The stock has a 52-week-high of $17.20 and a 52-week-low of $10.91. At the end of the last trading period, UBS Group closed at $15.96.
Bernstein upgraded the previous rating for Airbus SE EADSY from Market Perform to Outperform. For the second quarter, Airbus had an EPS of $2.87, compared to year-ago quarter EPS of $2.03. The stock has a 52-week-high of $35.00 and a 52-week-low of $17.45. At the end of the last trading period, Airbus closed at $33.23.
Bernstein upgraded the previous rating for Boeing Co BA from Market Perform to Outperform. In the second quarter, Boeing showed an EPS of $0.40, compared to $4.79 from the year-ago quarter. At the moment, the stock has a 52-week-high of $278.57 and a 52-week-low of $141.58. Boeing closed at $218.41 at the end of the last trading period.
Baird upgraded the previous rating for Curtiss-Wright Corp CW from Neutral to Outperform. In the second quarter, Curtiss-Wright showed an EPS of $1.56, compared to $1.31 from the year-ago quarter. The stock has a 52-week-high of $133.37 and a 52-week-low of $83.04. At the end of the last trading period, Curtiss-Wright closed at $125.43.
According to Credit Suisse, the prior rating for Conagra Brands Inc CAG was changed from Underperform to Neutral. In the fourth quarter, Conagra Brands showed an EPS of $0.54, compared to $0.75 from the year-ago quarter. At the moment, the stock has a 52-week-high of $39.09 and a 52-week-low of $32.25. Conagra Brands closed at $33.64 at the end of the last trading period.
For CDW Corp CDW, JP Morgan upgraded the previous rating of Underweight to Neutral. In the second quarter, CDW showed an EPS of $2.02, compared to $1.56 from the year-ago quarter. At the moment, the stock has a 52-week-high of $203.82 and a 52-week-low of $113.11. CDW closed at $186.14 at the end of the last trading period.
Morgan Stanley upgraded the previous rating for Nexa Resources SA NEXA from Equal-Weight to Overweight. Nexa Resources earned $0.82 in the second quarter, compared to $0.44 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.58 and a 52-week-low of $5.13. Nexa Resources closed at $7.29 at the end of the last trading period.
For AutoNation Inc AN, Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. In the second quarter, AutoNation showed an EPS of $4.83, compared to $1.41 from the year-ago quarter. The stock has a 52-week-high of $128.00 and a 52-week-low of $51.32. At the end of the last trading period, AutoNation closed at $122.48.

See all analyst ratings upgrades.

Downgrades

Oppenheimer downgraded the previous rating for Morgan Stanley MS from Outperform to Perform. In the second quarter, Morgan Stanley showed an EPS of $1.89, compared to $1.96 from the year-ago quarter. At the moment, the stock has a 52-week-high of $105.95 and a 52-week-low of $46.42. Morgan Stanley closed at $102.04 at the end of the last trading period.
For Vipshop Holdings Ltd VIPS, New Street Research downgraded the previous rating of Buy to Neutral. Vipshop Holdings earned $0.32 in the second quarter, compared to $0.27 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.00 and a 52-week-low of $11.30. Vipshop Holdings closed at $11.36 at the end of the last trading period.
For Kingsoft Cloud Holdings Ltd KC, Nomura Instinet downgraded the previous rating of Buy to Neutral. In the second quarter, Kingsoft Cloud Holdings showed an EPS of $0.16, compared to $0.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $74.67 and a 52-week-low of $23.81. Kingsoft Cloud Holdings closed at $29.45 at the end of the last trading period.
According to JMP Securities, the prior rating for Regional Management Corp RM was changed from Market Outperform to Market Perform. Regional Management earned $1.87 in the second quarter, compared to $0.68 in the year-ago quarter. The current stock performance of Regional Management shows a 52-week-high of $64.07 and a 52-week-low of $16.36. Moreover, at the end of the last trading period, the closing price was at $62.76.
For InnovAge Holding Corp INNV, Citigroup downgraded the previous rating of Buy to Neutral. In the fourth quarter, InnovAge Holding showed an EPS of $0.05, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $27.18 and a 52-week-low of $6.55. At the end of the last trading period, InnovAge Holding closed at $6.78.
For BHP Group PLC BBL, RBC Capital downgraded the previous rating of Outperform to Sector Perform. At the moment, the stock has a 52-week-high of $68.05 and a 52-week-low of $37.88. BHP Gr closed at $49.74 at the end of the last trading period.
JP Morgan downgraded the previous rating for HP Inc HPQ from Overweight to Neutral. For the third quarter, HP had an EPS of $1.00, compared to year-ago quarter EPS of $0.49. At the moment, the stock has a 52-week-high of $36.00 and a 52-week-low of $17.25. HP closed at $28.58 at the end of the last trading period.
According to Cowen & Co., the prior rating for Lockheed Martin Corp LMT was changed from Outperform to Market Perform. For the second quarter, Lockheed Martin had an EPS of $6.52, compared to year-ago quarter EPS of $5.79. The current stock performance of Lockheed Martin shows a 52-week-high of $396.99 and a 52-week-low of $319.81. Moreover, at the end of the last trading period, the closing price was at $352.15.
Morgan Stanley downgraded the previous rating for Vale SA VALE from Overweight to Equal-Weight. In the second quarter, Vale showed an EPS of $1.49, compared to $0.19 from the year-ago quarter. The current stock performance of Vale shows a 52-week-high of $23.18 and a 52-week-low of $10.29. Moreover, at the end of the last trading period, the closing price was at $13.80.
According to Bernstein, the prior rating for NXP Semiconductors NV NXPI was changed from Outperform to Market Perform. For the second quarter, NXP Semiconductors had an EPS of $2.44, compared to year-ago quarter EPS of $0.91. The current stock performance of NXP Semiconductors shows a 52-week-high of $228.72 and a 52-week-low of $121.91. Moreover, at the end of the last trading period, the closing price was at $206.19.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Truist Securities initiated coverage on Bluegreen Vacations Holding Corp BVH. The price target seems to have been set at $41.00 for Bluegreen Vacations. In the second quarter, Bluegreen Vacations earned $0.93. At the moment, the stock has a 52-week-high of $27.44 and a 52-week-low of $7.70. Bluegreen Vacations closed at $25.79 at the end of the last trading period.
With a Buy rating, Goldman Sachs initiated coverage on Enel Chile SA ENIC. The price target seems to have been set at $3.74 for Enel Chile. In the second quarter, Enel Chile showed an EPS of $0.00, compared to $0.01 from the year-ago quarter. At the moment, the stock has a 52-week-high of $4.50 and a 52-week-low of $2.34. Enel Chile closed at $2.40 at the end of the last trading period.
With a Neutral rating, Goldman Sachs initiated coverage on Enel Americas SA ENIA. The price target seems to have been set at $8.20 for Enel Americas. In the second quarter, Enel Americas showed an EPS of $0.00, compared to $0.00 from the year-ago quarter. The current stock performance of Enel Americas shows a 52-week-high of $8.88 and a 52-week-low of $6.00. Moreover, at the end of the last trading period, the closing price was at $6.04.
With an Underperform rating, Credit Suisse initiated coverage on Texas Pacific Land Corp TPL. The price target seems to have been set at $800.00 for Texas Pacific Land. In the second quarter, Texas Pacific Land showed an EPS of $7.36, compared to $3.56 from the year-ago quarter. The current stock performance of Texas Pacific Land shows a 52-week-high of $1773.95 and a 52-week-low of $437.01. Moreover, at the end of the last trading period, the closing price was at $1336.40.
Oppenheimer initiated coverage on Zentalis Pharmaceuticals Inc ZNTL with an Outperform rating. The price target for Zentalis Pharmaceuticals is set to $90.00. For the second quarter, Zentalis Pharmaceuticals had an EPS of $1.34, compared to year-ago quarter EPS of $0.78. At the moment, the stock has a 52-week-high of $74.99 and a 52-week-low of $28.89. Zentalis Pharmaceuticals closed at $61.74 at the end of the last trading period.
With a Hold rating, Deutsche Bank initiated coverage on Wingstop Inc WING. The price target seems to have been set at $178.00 for Wingstop. For the second quarter, Wingstop had an EPS of $0.38, compared to year-ago quarter EPS of $0.34. The current stock performance of Wingstop shows a 52-week-high of $187.35 and a 52-week-low of $112.47. Moreover, at the end of the last trading period, the closing price was at $165.50.