Benzinga's Top Ratings Upgrades, Downgrades For July 27, 2022

Upgrades

• According to Edward Jones, the prior rating for NiSource Inc NI was changed from Hold to Buy. For the first quarter, NiSource had an EPS of $0.75, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $32.59 and a 52-week-low of $26.37. At the end of the last trading period, NiSource closed at $29.20.
• Benchmark upgraded the previous rating for Schlumberger Ltd SLB from Hold to Buy. For the second quarter, Schlumberger had an EPS of $0.50, compared to year-ago quarter EPS of $0.30. The current stock performance of Schlumberger shows a 52-week-high of $49.83 and a 52-week-low of $29.98. Moreover, at the end of the last trading period, the closing price was at $35.60.
• Raymond James upgraded the previous rating for Carvana Co CVNA from Underperform to Market Perform. In the first quarter, Carvana showed an EPS of $2.89, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $240.58 and a 52-week-low of $19.45. At the end of the last trading period, Carvana closed at $24.18.
• Canaccord Genuity upgraded the previous rating for Newmont Corp NEM from Hold to Buy. For the second quarter, Newmont had an EPS of $0.46, compared to year-ago quarter EPS of $0.83. The current stock performance of Newmont shows a 52-week-high of $86.37 and a 52-week-low of $44.00. Moreover, at the end of the last trading period, the closing price was at $46.14.
• According to BTIG, the prior rating for International Seaways Inc INSW was changed from Neutral to Buy. For the first quarter, International Seaways had an EPS of $0.28, compared to year-ago quarter EPS of $0.48. The stock has a 52-week-high of $24.99 and a 52-week-low of $13.05. At the end of the last trading period, International Seaways closed at $22.51.
• For Celestica Inc CLS, Citigroup upgraded the previous rating of Sell to Neutral. In the second quarter, Celestica showed an EPS of $0.44, compared to $0.30 from the year-ago quarter. At the moment, the stock has a 52-week-high of $13.40 and a 52-week-low of $9.12. Celestica closed at $9.94 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

• B of A Securities downgraded the previous rating for TransUnion TRU from Buy to Neutral. In the second quarter, TransUnion showed an EPS of $0.98, compared to $0.96 from the year-ago quarter. At the moment, the stock has a 52-week-high of $119.16 and a 52-week-low of $75.03. TransUnion closed at $75.52 at the end of the last trading period.
• Craig-Hallum downgraded the previous rating for Agilysys Inc AGYS from Buy to Hold. Agilysys earned $0.21 in the first quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $52.98 and a 52-week-low of $31.49. Agilysys closed at $51.54 at the end of the last trading period.
• According to B of A Securities, the prior rating for PulteGroup Inc PHM was changed from Buy to Neutral. For the second quarter, PulteGroup had an EPS of $2.73, compared to year-ago quarter EPS of $1.72. The current stock performance of PulteGroup shows a 52-week-high of $58.09 and a 52-week-low of $35.03. Moreover, at the end of the last trading period, the closing price was at $42.80.
• Edward Jones downgraded the previous rating for Fortis Inc FTS from Buy to Hold. Fortis earned $0.62 in the first quarter, compared to $0.61 in the year-ago quarter. The current stock performance of Fortis shows a 52-week-high of $51.66 and a 52-week-low of $44.32. Moreover, at the end of the last trading period, the closing price was at $47.36.
• For F45 Training Holdings Inc FXLV, Baird downgraded the previous rating of Outperform to Neutral. For the first quarter, F45 Training Holdings had an EPS of $0.03, compared to year-ago quarter EPS of $1.26. The stock has a 52-week-high of $15.78 and a 52-week-low of $3.31. At the end of the last trading period, F45 Training Holdings closed at $3.51.
• GLJ Research downgraded the previous rating for Cleveland-Cliffs Inc CLF from Buy to Sell. Cleveland-Cliffs earned $1.31 in the second quarter, compared to $1.46 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.04 and a 52-week-low of $14.31. Cleveland-Cliffs closed at $16.34 at the end of the last trading period.
• For 1Life Healthcare Inc ONEM, Stifel downgraded the previous rating of Buy to Hold. In the first quarter, 1Life Healthcare showed an EPS of $0.47, compared to $0.29 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.43 and a 52-week-low of $5.94. 1Life Healthcare closed at $16.75 at the end of the last trading period.
• For McDonald's Corp MCD, Deutsche Bank downgraded the previous rating of Buy to Hold. McDonald's earned $2.55 in the second quarter, compared to $2.37 in the year-ago quarter. At the moment, the stock has a 52-week-high of $271.15 and a 52-week-low of $217.68. McDonald's closed at $257.09 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

• With a Buy rating, Daiwa Capital initiated coverage on Lufax Holding Ltd LU. The price target seems to have been set at $6.40 for Lufax Holding. For the first quarter, Lufax Holding had an EPS of $0.34, compared to year-ago quarter EPS of $0.30. The current stock performance of Lufax Holding shows a 52-week-high of $7.05 and a 52-week-low of $4.08. Moreover, at the end of the last trading period, the closing price was at $4.79.
• With a Buy rating, Lake Street initiated coverage on Dynatronics Corp DYNT. The price target seems to have been set at $4.00 for Dynatronics. For the third quarter, Dynatronics had an EPS of $0.09, compared to year-ago quarter EPS of $0.00. The stock has a 52-week-high of $1.07 and a 52-week-low of $0.43. At the end of the last trading period, Dynatronics closed at $0.65.
• Craig-Hallum initiated coverage on DPCM Capital Inc XPOA with a Buy rating. The price target for DPCM Capital is set to $13.00. The stock has a 52-week-high of $10.33 and a 52-week-low of $9.77. At the end of the last trading period, DPCM Capital closed at $9.98.
• Ladenburg Thalmann initiated coverage on Anebulo Pharmaceuticals Inc ANEB with a Buy rating. The price target for Anebulo Pharmaceuticals is set to $6.00. In the third quarter, Anebulo Pharmaceuticals showed an EPS of $0.08, compared to $0.69 from the year-ago quarter. The stock has a 52-week-high of $7.88 and a 52-week-low of $2.67. At the end of the last trading period, Anebulo Pharmaceuticals closed at $3.05.
• Benchmark initiated coverage on Plexus Corp PLXS with a Buy rating. The price target for Plexus is set to $98.00. At the moment, the stock has a 52-week-high of $99.11 and a 52-week-low of $72.88. Plexus closed at $85.81 at the end of the last trading period.
• Mizuho initiated coverage on USA Compression Partners LP USAC with a Neutral rating. The price target for USA Compression Partners is set to $18.00. In the first quarter, USA Compression Partners showed an EPS of $0.09, compared to $0.12 from the year-ago quarter. The current stock performance of USA Compression Partners shows a 52-week-high of $20.14 and a 52-week-low of $14.90. Moreover, at the end of the last trading period, the closing price was at $17.03.
• Raymond James initiated coverage on Joby Aviation Inc JOBY with a Market Perform rating. In the first quarter, Joby Aviation showed an EPS of $0.11, compared to $0.37 from the year-ago quarter. The current stock performance of Joby Aviation shows a 52-week-high of $7.60 and a 52-week-low of $3.61. Moreover, at the end of the last trading period, the closing price was at $5.17.
• Raymond James initiated coverage on Lilium NV LILM with a Market Perform rating. The current stock performance of Lilium shows a 52-week-high of $8.18 and a 52-week-low of $2.16. Moreover, at the end of the last trading period, the closing price was at $2.61.
• Raymond James initiated coverage on Vertical Aerospace Ltd EVTL with a Market Perform rating. The current stock performance of Vertical Aerospace shows a 52-week-high of $12.64 and a 52-week-low of $2.72. Moreover, at the end of the last trading period, the closing price was at $8.04.
• HC Wainwright & Co. initiated coverage on Rani Therapeutics Holdings Inc RANI with a Buy rating. The price target for Rani Therapeutics Hldgs is set to $22.00. Rani Therapeutics Hldgs earned $0.29 in the first quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $27.13 and a 52-week-low of $8.00. At the end of the last trading period, Rani Therapeutics Hldgs closed at $11.80.
• Raymond James initiated coverage on Archer Aviation Inc ACHR with an Outperform rating. The price target for Archer Aviation is set to $8.00. In the first quarter, Archer Aviation showed an EPS of $0.25, compared to $1.70 from the year-ago quarter. The stock has a 52-week-high of $6.35 and a 52-week-low of $2.61. At the end of the last trading period, Archer Aviation closed at $3.28.
• Raymond James initiated coverage on Eve Holding Inc EVEX with a Market Perform rating. At the moment, the stock has a 52-week-high of $11.84 and a 52-week-low of $5.30. Eve Holding closed at $8.19 at the end of the last trading period.
• With an Outperform rating, Oppenheimer initiated coverage on HubSpot Inc HUBS. The price target seems to have been set at $350.00 for HubSpot. For the first quarter, HubSpot had an EPS of $0.54, compared to year-ago quarter EPS of $0.31. The stock has a 52-week-high of $659.24 and a 52-week-low of $257.21. At the end of the last trading period, HubSpot closed at $272.26.
• With an Outperform rating, Oppenheimer initiated coverage on Veeva Systems Inc VEEV. The price target seems to have been set at $250.00 for Veeva Sys. Veeva Sys earned $0.99 in the first quarter, compared to $0.91 in the year-ago quarter. The stock has a 52-week-high of $257.68 and a 52-week-low of $152.04. At the end of the last trading period, Veeva Sys closed at $206.94.
• For BigCommerce Holdings Inc BIGC, Oppenheimer initiated coverage, by setting the current rating at Perform. BigCommerce Holdings earned $0.18 in the first quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $37.75 and a 52-week-low of $12.71. At the end of the last trading period, BigCommerce Holdings closed at $14.46.
• With an Outperform rating, Oppenheimer initiated coverage on Guidewire Software Inc GWRE. The price target seems to have been set at $85.00 for Guidewire Software. For the third quarter, Guidewire Software had an EPS of $0.26, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $114.00 and a 52-week-low of $69.06. Guidewire Software closed at $73.38 at the end of the last trading period.
• Oppenheimer initiated coverage on PTC Inc PTC with a Perform rating. The current stock performance of PTC shows a 52-week-high of $123.46 and a 52-week-low of $96.55. Moreover, at the end of the last trading period, the closing price was at $111.28.
• Oppenheimer initiated coverage on Ansys Inc ANSS with an Outperform rating. The price target for Ansys is set to $285.00. Ansys earned $1.36 in the first quarter, compared to $1.12 in the year-ago quarter. The stock has a 52-week-high of $403.18 and a 52-week-low of $225.92. At the end of the last trading period, Ansys closed at $253.75.
• Oppenheimer initiated coverage on Altair Engineering Inc ALTR with an Outperform rating. The price target for Altair Engineering is set to $60.00. In the first quarter, Altair Engineering showed an EPS of $0.38, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $78.38 and a 52-week-low of $48.20. At the end of the last trading period, Altair Engineering closed at $53.52.
• For Squarespace Inc SQSP, Oppenheimer initiated coverage, by setting the current rating at Perform. In the second quarter, Squarespace showed an EPS of $0.45, compared to $3.22 from the year-ago quarter. The current stock performance of Squarespace shows a 52-week-high of $34.97 and a 52-week-low of $14.43. Moreover, at the end of the last trading period, the closing price was at $19.50.

See all analyst ratings initiations.