Upgrades
- For Gap Inc (NYSE:GPS), Barclays upgraded the previous rating of Underweight to Equal-Weight. For the second quarter, Gap had an EPS of $0.08, compared to year-ago quarter EPS of $0.70. At the moment, the stock has a 52-week-high of $19.06 and a 52-week-low of $7.79. Gap closed at $9.48 at the end of the last trading period.
- For MakeMyTrip Ltd (NASDAQ:MMYT), B of A Securities upgraded the previous rating of Neutral to Buy. MakeMyTrip earned $0.05 in the first quarter, compared to $0.09 in the year-ago quarter. The current stock performance of MakeMyTrip shows a 52-week-high of $34.49 and a 52-week-low of $20.06. Moreover, at the end of the last trading period, the closing price was at $32.68.
- HSBC upgraded the previous rating for Pinduoduo Inc (NASDAQ:PDD) from Hold to Buy. For the second quarter, Pinduoduo had an EPS of $1.13, compared to year-ago quarter EPS of $0.44. The current stock performance of Pinduoduo shows a 52-week-high of $72.19 and a 52-week-low of $23.21. Moreover, at the end of the last trading period, the closing price was at $66.04.
- According to B. Riley Securities, the prior rating for American Outdoor Brands Inc (NASDAQ:AOUT) was changed from Neutral to Buy. For the fourth quarter, American Outdoor Brands had an EPS of $0.14, compared to year-ago quarter EPS of $0.34. At the moment, the stock has a 52-week-high of $20.47 and a 52-week-low of $7.10. American Outdoor Brands closed at $7.77 at the end of the last trading period.
- For Sealed Air Corp (NYSE:SEE), JP Morgan upgraded the previous rating of Underweight to Neutral. In the second quarter, Sealed Air showed an EPS of $1.01, compared to $0.79 from the year-ago quarter. At the moment, the stock has a 52-week-high of $70.72 and a 52-week-low of $53.35. Sealed Air closed at $54.47 at the end of the last trading period.
- JP Morgan upgraded the previous rating for Arco Platform Ltd (NASDAQ:ARCE) from Neutral to Overweight. For the second quarter, Arco Platform had an EPS of $0.08, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $22.74 and a 52-week-low of $12.72. At the end of the last trading period, Arco Platform closed at $13.25.
See all analyst ratings upgrades.
Downgrades
- Credit Suisse downgraded the previous rating for Azure Power Global Ltd (NYSE:AZRE) from Outperform to Underperform. Azure Power Global earned $0.13 in the third quarter, compared to $0.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of $21.53 and a 52-week-low of $5.61. Azure Power Global closed at $5.85 at the end of the last trading period.
- For Genesco Inc (NYSE:GCO), Seaport Global downgraded the previous rating of Buy to Neutral. Genesco earned $0.44 in the first quarter, compared to $0.79 in the year-ago quarter. The stock has a 52-week-high of $72.34 and a 52-week-low of $48.54. At the end of the last trading period, Genesco closed at $61.75.
- HC Wainwright & Co. downgraded the previous rating for ObsEva SA (NASDAQ:OBSV) from Buy to Neutral. For the second quarter, ObsEva had an EPS of $0.39, compared to year-ago quarter EPS of $0.28. The stock has a 52-week-high of $2.20 and a 52-week-low of $0.19. At the end of the last trading period, ObsEva closed at $0.21.
- For Cabaletta Bio Inc (NASDAQ:CABA), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Cabaletta Bio earned $0.45 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $4.07 and a 52-week-low of $0.90. At the end of the last trading period, Cabaletta Bio closed at $1.25.
See all analyst ratings downgrades.
Initiations
- RBC Capital initiated coverage on Northrop Grumman Corp (NYSE:NOC) with an Outperform rating. The price target for Northrop Grumman is set to $550.00. In the second quarter, Northrop Grumman showed an EPS of $6.06, compared to $6.42 from the year-ago quarter. The current stock performance of Northrop Grumman shows a 52-week-high of $497.20 and a 52-week-low of $364.62. Moreover, at the end of the last trading period, the closing price was at $485.81.
- With a Buy rating, Alliance Global Partners initiated coverage on Aquestive Therapeutics Inc (NASDAQ:AQST). The price target seems to have been set at $10.00 for Aquestive Therapeutics. Aquestive Therapeutics earned $0.36 in the second quarter, compared to $0.33 in the year-ago quarter. The current stock performance of Aquestive Therapeutics shows a 52-week-high of $4.29 and a 52-week-low of $0.62. Moreover, at the end of the last trading period, the closing price was at $1.36.
- Jefferies initiated coverage on Enhabit Inc (NYSE:EHAB) with a Buy rating. The price target for Enhabit is set to $20.00. At the moment, the stock has a 52-week-high of $23.51 and a 52-week-low of $11.65. Enhabit closed at $15.04 at the end of the last trading period.
- Canaccord Genuity initiated coverage on Spire Global Inc (NYSE:SPIR) with a Buy rating. The price target for Spire Global is set to $3.50. At the moment, the stock has a 52-week-high of $3.62 and a 52-week-low of $1.12. Spire Global closed at $1.39 at the end of the last trading period.
- With a Buy rating, HC Wainwright & Co. initiated coverage on IN8bio Inc (NASDAQ:INAB). The price target seems to have been set at $14.00 for IN8bio. In the second quarter, IN8bio showed an EPS of $0.38, compared to $1.00 from the year-ago quarter. The current stock performance of IN8bio shows a 52-week-high of $4.98 and a 52-week-low of $1.75. Moreover, at the end of the last trading period, the closing price was at $1.98.
- HC Wainwright & Co. initiated coverage on Iris Energy Ltd (NASDAQ:IREN) with a Buy rating. The price target for Iris Energy is set to $7.00. The current stock performance of Iris Energy shows a 52-week-high of $17.97 and a 52-week-low of $2.89. Moreover, at the end of the last trading period, the closing price was at $4.64.
- With a Buy rating, BTIG initiated coverage on FiscalNote Holdings Inc (NYSE:NOTE). The price target seems to have been set at $14.00 for FiscalNote Holdings. At the moment, the stock has a 52-week-high of $12.30 and a 52-week-low of $5.55. FiscalNote Holdings closed at $9.87 at the end of the last trading period.
- With an Outperform rating, RBC Capital initiated coverage on General Dynamics Corp (NYSE:GD). The price target seems to have been set at $275.00 for General Dynamics. General Dynamics earned $2.75 in the second quarter, compared to $2.61 in the year-ago quarter. The stock has a 52-week-high of $254.99 and a 52-week-low of $200.65. At the end of the last trading period, General Dynamics closed at $233.70.
- With a Sector Perform rating, RBC Capital initiated coverage on Leidos Holdings Inc (NYSE:LDOS). The price target seems to have been set at $106.00 for Leidos Holdings. For the second quarter, Leidos Holdings had an EPS of $1.59, compared to year-ago quarter EPS of $1.52. The stock has a 52-week-high of $111.12 and a 52-week-low of $81.07. At the end of the last trading period, Leidos Holdings closed at $97.23.
- With an Outperform rating, RBC Capital initiated coverage on L3Harris Technologies Inc (NYSE:LHX). The price target seems to have been set at $285.00 for L3Harris Technologies. In the second quarter, L3Harris Technologies showed an EPS of $3.23, compared to $3.26 from the year-ago quarter. The current stock performance of L3Harris Technologies shows a 52-week-high of $279.71 and a 52-week-low of $206.04. Moreover, at the end of the last trading period, the closing price was at $233.28.
- With a Sector Perform rating, RBC Capital initiated coverage on Lockheed Martin Corp (NYSE:LMT). The price target seems to have been set at $460.00 for Lockheed Martin. In the second quarter, Lockheed Martin showed an EPS of $6.32, compared to $6.52 from the year-ago quarter. The current stock performance of Lockheed Martin shows a 52-week-high of $479.99 and a 52-week-low of $353.03. Moreover, at the end of the last trading period, the closing price was at $429.68.
- Piper Sandler initiated coverage on European Wax Center Inc (NASDAQ:EWCZ) with a Neutral rating. The price target for European Wax Center is set to $22.00. For the second quarter, European Wax Center had an EPS of $0.19, compared to year-ago quarter EPS of $0.29. The current stock performance of European Wax Center shows a 52-week-high of $33.31 and a 52-week-low of $16.30. Moreover, at the end of the last trading period, the closing price was at $20.44.
- With an Overweight rating, JP Morgan initiated coverage on Bowlero Corp (NYSE:BOWL). The price target seems to have been set at $17.00 for Bowlero. The current stock performance of Bowlero shows a 52-week-high of $13.09 and a 52-week-low of $6.96. Moreover, at the end of the last trading period, the closing price was at $11.12.
