Benzinga's Top Ratings Upgrades, Downgrades For October 20, 2022

Upgrades

According to Credit Suisse, the prior rating for Hudson Pacific Properties Inc HPP was changed from Underperform to Neutral. Hudson Pacific Properties earned $0.51 in the second quarter, compared to $0.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.66 and a 52-week-low of $9.83. Hudson Pacific Properties closed at $10.20 at the end of the last trading period.

According to Nomura Instinet, the prior rating for Stellantis NV STLA was changed from Neutral to Buy. NoneAt the moment, the stock has a 52-week-high of $21.92 and a 52-week-low of $11.37. Stellantis closed at $12.66 at the end of the last trading period.

For Dick's Sporting Goods Inc DKS, Oppenheimer upgraded the previous rating of Perform to Outperform. For the second quarter, Dick's Sporting Goods had an EPS of $3.68, compared to year-ago quarter EPS of $5.08. At the moment, the stock has a 52-week-high of $120.56 and a 52-week-low of $63.45. Dick's Sporting Goods closed at $109.11 at the end of the last trading period.

Wells Fargo upgraded the previous rating for American Water Works Co Inc AWK from Underweight to Equal-Weight. American Water Works earned $1.20 in the second quarter, compared to $1.14 in the year-ago quarter. The current stock performance of American Water Works shows a 52-week-high of $189.25 and a 52-week-low of $122.77. Moreover, at the end of the last trading period, the closing price was at $134.00.

For ResMed Inc RMD, B of A Securities upgraded the previous rating of Neutral to Buy. ResMed earned $1.49 in the fourth quarter, compared to $1.35 in the year-ago quarter. At the moment, the stock has a 52-week-high of $262.38 and a 52-week-low of $189.40. ResMed closed at $215.30 at the end of the last trading period.

Argus Research upgraded the previous rating for Comerica Inc CMA from Hold to Buy. For the third quarter, Comerica had an EPS of $2.60, compared to year-ago quarter EPS of $1.90. At the moment, the stock has a 52-week-high of $102.09 and a 52-week-low of $67.51. Comerica closed at $67.65 at the end of the last trading period.

Wolfe Research upgraded the previous rating for Xcel Energy Inc XEL from Peer Perform to Outperform. In the second quarter, Xcel Energy showed an EPS of $0.60, compared to $0.58 from the year-ago quarter. The current stock performance of Xcel Energy shows a 52-week-high of $77.66 and a 52-week-low of $56.89. Moreover, at the end of the last trading period, the closing price was at $61.10.

For Albertsons Companies Inc ACI, Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. In the second quarter, Albertsons Companies showed an EPS of $0.72, compared to $0.64 from the year-ago quarter. At the moment, the stock has a 52-week-high of $37.99 and a 52-week-low of $24.34. Albertsons Companies closed at $27.20 at the end of the last trading period.

According to Stifel, the prior rating for Monarch Casino & Resort Inc MCRI was changed from Hold to Buy. Monarch Casino & Resort earned $1.41 in the third quarter, compared to $1.15 in the year-ago quarter. The current stock performance of Monarch Casino & Resort shows a 52-week-high of $94.26 and a 52-week-low of $54.01. Moreover, at the end of the last trading period, the closing price was at $61.55.

According to Canaccord Genuity, the prior rating for Datadog Inc DDOG was changed from Hold to Buy. In the second quarter, Datadog showed an EPS of $0.24, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $184.70 and a 52-week-low of $75.53. At the end of the last trading period, Datadog closed at $79.00.

For Southern Co SO, Keybanc upgraded the previous rating of Sector Weight to Overweight. In the second quarter, Southern showed an EPS of $1.07, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $80.57 and a 52-week-low of $60.71. At the end of the last trading period, Southern closed at $64.69.

According to Deutsche Bank, the prior rating for ASML Holding NV ASML was changed from Hold to Buy. In the third quarter, ASML Holding showed an EPS of $4.32, compared to $5.02 from the year-ago quarter. The stock has a 52-week-high of $799.36 and a 52-week-low of $363.15. At the end of the last trading period, ASML Holding closed at $424.02.

Piper Sandler upgraded the previous rating for Oracle Corp ORCL from Underweight to Neutral. Oracle earned $1.03 in the first quarter, compared to $1.03 in the year-ago quarter. At the moment, the stock has a 52-week-high of $89.58 and a 52-week-low of $60.78. Oracle closed at $66.30 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to Janney Montgomery Scott, the prior rating for First Internet Bancorp INBK was changed from Buy to Neutral. In the third quarter, First Internet showed an EPS of $0.90, compared to $1.27 from the year-ago quarter. The current stock performance of First Internet shows a 52-week-high of $53.56 and a 52-week-low of $29.07. Moreover, at the end of the last trading period, the closing price was at $30.82.

Deutsche Bank downgraded the previous rating for Albertsons Companies Inc ACI from Buy to Hold. In the second quarter, Albertsons Companies showed an EPS of $0.72, compared to $0.64 from the year-ago quarter. The stock has a 52-week-high of $37.99 and a 52-week-low of $24.34. At the end of the last trading period, Albertsons Companies closed at $27.20.

For PNM Resources Inc PNM, Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. For the second quarter, PNM Resources had an EPS of $0.57, compared to year-ago quarter EPS of $0.55. The current stock performance of PNM Resources shows a 52-week-high of $48.81 and a 52-week-low of $43.43. Moreover, at the end of the last trading period, the closing price was at $46.31.

For Ally Financial Inc ALLY, Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. For the third quarter, Ally Financial had an EPS of $1.12, compared to year-ago quarter EPS of $2.16. The stock has a 52-week-high of $53.83 and a 52-week-low of $25.64. At the end of the last trading period, Ally Financial closed at $26.43.

Wells Fargo downgraded the previous rating for Ally Financial Inc ALLY from Equal-Weight to Underweight. In the third quarter, Ally Financial showed an EPS of $1.12, compared to $2.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $53.83 and a 52-week-low of $25.64. Ally Financial closed at $26.43 at the end of the last trading period.

Wells Fargo downgraded the previous rating for American States Water Co AWR from Equal-Weight to Underweight. American States Water earned $0.54 in the second quarter, compared to $0.72 in the year-ago quarter. At the moment, the stock has a 52-week-high of $103.44 and a 52-week-low of $71.22. American States Water closed at $86.12 at the end of the last trading period.

According to DA Davidson, the prior rating for Comerica Inc CMA was changed from Buy to Neutral. Comerica earned $2.60 in the third quarter, compared to $1.90 in the year-ago quarter. The current stock performance of Comerica shows a 52-week-high of $102.09 and a 52-week-low of $67.51. Moreover, at the end of the last trading period, the closing price was at $67.65.

B of A Securities downgraded the previous rating for Fleetcor Technologies Inc FLT from Buy to Neutral. For the second quarter, Fleetcor Technologies had an EPS of $4.17, compared to year-ago quarter EPS of $3.15. At the moment, the stock has a 52-week-high of $265.30 and a 52-week-low of $163.34. Fleetcor Technologies closed at $167.48 at the end of the last trading period.

For Wingstop Inc WING, Truist Securities downgraded the previous rating of Buy to Hold. In the second quarter, Wingstop showed an EPS of $0.45, compared to $0.38 from the year-ago quarter. The current stock performance of Wingstop shows a 52-week-high of $174.79 and a 52-week-low of $67.67. Moreover, at the end of the last trading period, the closing price was at $123.07.

For Generac Holdings Inc GNRC, Roth Capital downgraded the previous rating of Buy to Sell. In the second quarter, Generac Hldgs showed an EPS of $2.99, compared to $2.39 from the year-ago quarter. At the moment, the stock has a 52-week-high of $353.98 and a 52-week-low of $109.05. Generac Hldgs closed at $110.30 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Alliant Energy Corp LNT from Outperform to Peer Perform. Alliant Energy earned $0.63 in the second quarter, compared to $0.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $65.37 and a 52-week-low of $47.19. Alliant Energy closed at $50.35 at the end of the last trading period.

Wolfe Research downgraded the previous rating for Sunnova Energy International Inc NOVA from Outperform to Peer Perform. In the second quarter, Sunnova Energy Intl showed an EPS of $0.32, compared to $0.57 from the year-ago quarter. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $31.47 and a 52-week-low of $12.47. Moreover, at the end of the last trading period, the closing price was at $15.90.

For Sunrun Inc RUN, Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the second quarter, Sunrun showed an EPS of $0.06, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $39.13 and a 52-week-low of $16.80. At the end of the last trading period, Sunrun closed at $20.40.

For Exelon Corp EXC, Keybanc downgraded the previous rating of Overweight to Sector Weight. In the second quarter, Exelon showed an EPS of $0.44, compared to $0.89 from the year-ago quarter. The current stock performance of Exelon shows a 52-week-high of $58.21 and a 52-week-low of $35.32. Moreover, at the end of the last trading period, the closing price was at $36.85.

For Dominion Energy Inc D, Keybanc downgraded the previous rating of Overweight to Sector Weight. For the second quarter, Dominion Energy had an EPS of $0.77, compared to year-ago quarter EPS of $0.76. At the moment, the stock has a 52-week-high of $88.78 and a 52-week-low of $61.70. Dominion Energy closed at $65.69 at the end of the last trading period.

Compass Point downgraded the previous rating for HarborOne Bancorp Inc HONE from Buy to Neutral. For the second quarter, HarborOne Bancorp had an EPS of $0.21, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $15.45 and a 52-week-low of $13.25. At the end of the last trading period, HarborOne Bancorp closed at $14.31.

According to Deutsche Bank, the prior rating for Northern Trust Corp NTRS was changed from Buy to Hold. In the third quarter, Northern Trust showed an EPS of $1.80, compared to $1.80 from the year-ago quarter. The stock has a 52-week-high of $135.15 and a 52-week-low of $77.50. At the end of the last trading period, Northern Trust closed at $79.59.

For Ayala Pharmaceuticals Inc AYLA, Roth Capital downgraded the previous rating of Buy to Sell. In the second quarter, Ayala Pharmaceuticals 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 $9.40 and a 52-week-low of $0.57. Ayala Pharmaceuticals closed at $0.71 at the end of the last trading period.

For Coupa Software Inc COUP, Piper Sandler downgraded the previous rating of Neutral to Underweight. For the second quarter, Coupa Software had an EPS of $0.20, compared to year-ago quarter EPS of $0.26. At the moment, the stock has a 52-week-high of $166.21 and a 52-week-low of $46.31. Coupa Software closed at $52.37 at the end of the last trading period.

For Generac Holdings Inc GNRC, Keybanc downgraded the previous rating of Overweight to Sector Weight. Generac Hldgs earned $2.99 in the second quarter, compared to $2.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $353.98 and a 52-week-low of $109.05. Generac Hldgs closed at $110.30 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, UBS initiated coverage on Ready Capital Corp RC. The price target seems to have been set at $11.00 for Ready Capital. For the second quarter, Ready Capital had an EPS of $0.46, compared to year-ago quarter EPS of $0.52. The stock has a 52-week-high of $16.43 and a 52-week-low of $9.69. At the end of the last trading period, Ready Capital closed at $10.91.

UBS initiated coverage on National Instruments Corp NATI with a Neutral rating. The price target for National Instruments is set to $43.00. National Instruments earned $0.36 in the second quarter, compared to $0.35 in the year-ago quarter. The current stock performance of National Instruments shows a 52-week-high of $44.05 and a 52-week-low of $29.81. Moreover, at the end of the last trading period, the closing price was at $39.27.

B of A Securities initiated coverage on Cerevel Therapeutics Holdings Inc CERE with a Buy rating. The price target for Cerevel Therapeutics Hldg is set to $39.00. In the second quarter, Cerevel Therapeutics Hldg showed an EPS of $0.61, compared to $0.42 from the year-ago quarter. The stock has a 52-week-high of $41.46 and a 52-week-low of $19.86. At the end of the last trading period, Cerevel Therapeutics Hldg closed at $25.75.

For Overstock.com Inc OSTK, Argus Research initiated coverage, by setting the current rating at Hold. Overstock.com earned $0.19 in the second quarter, compared to $0.73 in the year-ago quarter. The current stock performance of Overstock.com shows a 52-week-high of $60.33 and a 52-week-low of $22.62. Moreover, at the end of the last trading period, the closing price was at $23.57.

For Hagerty Inc HGTY, Raymond James initiated coverage, by setting the current rating at Market Perform. The current stock performance of Hagerty shows a 52-week-high of $18.71 and a 52-week-low of $7.23. Moreover, at the end of the last trading period, the closing price was at $9.00.

Goldman Sachs initiated coverage on Gossamer Bio Inc GOSS with a Buy rating. The price target for Gossamer Bio is set to $22.00. For the second quarter, Gossamer Bio had an EPS of $0.74, compared to year-ago quarter EPS of $0.80. At the moment, the stock has a 52-week-high of $15.20 and a 52-week-low of $5.64. Gossamer Bio closed at $12.32 at the end of the last trading period.

With a Buy rating, Goldman Sachs initiated coverage on Ascendis Pharma A/S ASND. The price target seems to have been set at $174.00 for Ascendis Pharma. For the second quarter, Ascendis Pharma had an EPS of $1.56, compared to year-ago quarter EPS of $3.01. The stock has a 52-week-high of $137.40 and a 52-week-low of $61.58. At the end of the last trading period, Ascendis Pharma closed at $109.00.

With a Buy rating, HC Wainwright & Co. initiated coverage on SQZ Biotechnologies Co SQZ. The price target seems to have been set at $10.00 for SQZ Biotechnologies. SQZ Biotechnologies earned $0.78 in the second quarter, compared to $0.68 in the year-ago quarter. The current stock performance of SQZ Biotechnologies shows a 52-week-high of $10.86 and a 52-week-low of $2.00. Moreover, at the end of the last trading period, the closing price was at $2.82.

HC Wainwright & Co. initiated coverage on Tango Therapeutics Inc TNGX with a Buy rating. The price target for Tango Therapeutics is set to $10.00. In the second quarter, Tango Therapeutics showed an EPS of $0.28, compared to $0.09 from the year-ago quarter. The current stock performance of Tango Therapeutics shows a 52-week-high of $11.00 and a 52-week-low of $3.18. Moreover, at the end of the last trading period, the closing price was at $6.98.

HC Wainwright & Co. initiated coverage on Talaris Therapeutics Inc TALS with a Buy rating. The price target for Talaris Therapeutics is set to $18.00. Talaris Therapeutics earned $0.44 in the second quarter, compared to $0.41 in the year-ago quarter. The stock has a 52-week-high of $16.63 and a 52-week-low of $2.04. At the end of the last trading period, Talaris Therapeutics closed at $2.42.

With an Outperform rating, Oppenheimer initiated coverage on National Retail Properties Inc NNN. The price target seems to have been set at $48.00 for National Retail Props. For the second quarter, National Retail Props had an EPS of $0.79, compared to year-ago quarter EPS of $0.70. At the moment, the stock has a 52-week-high of $48.90 and a 52-week-low of $38.05. National Retail Props closed at $39.35 at the end of the last trading period.

Oppenheimer initiated coverage on Spirit Realty Capital Inc SRC with a Perform rating. The price target for Spirit Realty Cap is set to $37.00. Spirit Realty Cap earned $0.90 in the second quarter, compared to $0.86 in the year-ago quarter. At the moment, the stock has a 52-week-high of $49.94 and a 52-week-low of $34.55. Spirit Realty Cap closed at $34.97 at the end of the last trading period.

Stifel initiated coverage on California Resources Corp CRC with a Buy rating. The price target for California Resources is set to $63.00. In the second quarter, California Resources showed an EPS of $1.13, compared to $1.13 from the year-ago quarter. The stock has a 52-week-high of $51.46 and a 52-week-low of $35.95. At the end of the last trading period, California Resources closed at $42.53.

Piper Sandler initiated coverage on Spotify Technology SA SPOT with a Neutral rating. The price target for Spotify Technology is set to $87.00. In the second quarter, Spotify Technology showed an EPS of $0.91, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $247.20 and a 52-week-low of $78.50. Spotify Technology closed at $88.75 at the end of the last trading period.

See all analyst ratings initiations.