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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For October 14, 2022

Upgrades

  • For Enviva Inc (NYSE:EVA), Citigroup upgraded the previous rating of Neutral to Buy. For the second quarter, Enviva had an EPS of $0.26, compared to year-ago quarter EPS of $0.24. The current stock performance of Enviva shows a 52-week-high of $91.06 and a 52-week-low of $45.88. Moreover, at the end of the last trading period, the closing price was at $52.05.
  • Credit Suisse upgraded the previous rating for Carlisle Companies Inc (NYSE:CSL) from Neutral to Outperform. Carlisle Companies earned $6.15 in the second quarter, compared to $2.16 in the year-ago quarter. The stock has a 52-week-high of $318.71 and a 52-week-low of $211.06. At the end of the last trading period, Carlisle Companies closed at $293.63.
  • For Delta Air Lines Inc (NYSE:DAL), Cowen & Co. upgraded the previous rating of Market Perform to Outperform. Delta Air Lines earned $1.51 in the third quarter, compared to $0.30 in the year-ago quarter. At the moment, the stock has a 52-week-high of $46.27 and a 52-week-low of $27.20. Delta Air Lines closed at $30.38 at the end of the last trading period.
  • According to Jefferies, the prior rating for Harmony Biosciences Holdings Inc (NASDAQ:HRMY) was changed from Hold to Buy. Harmony Biosciences earned $0.57 in the second quarter, compared to $0.54 in the year-ago quarter. The stock has a 52-week-high of $57.13 and a 52-week-low of $31.54. At the end of the last trading period, Harmony Biosciences closed at $47.63.
  • Mizuho upgraded the previous rating for Avangrid Inc (NYSE:AGR) from Underperform to Neutral. In the second quarter, Avangrid showed an EPS of $0.46, compared to $0.35 from the year-ago quarter. The current stock performance of Avangrid shows a 52-week-high of $51.71 and a 52-week-low of $37.64. Moreover, at the end of the last trading period, the closing price was at $39.35.

See all analyst ratings upgrades.

 

Downgrades

  • B of A Securities downgraded the previous rating for Nasdaq Inc (NASDAQ:NDAQ) from Buy to Underperform. For the second quarter, Nasdaq had an EPS of $0.69, compared to year-ago quarter EPS of $0.63. At the moment, the stock has a 52-week-high of $70.29 and a 52-week-low of $46.77. Nasdaq closed at $58.55 at the end of the last trading period.
  • Credit Suisse downgraded the previous rating for Trex Co Inc (NYSE:TREX) from Neutral to Underperform. For the second quarter, Trex Co had an EPS of $0.79, compared to year-ago quarter EPS of $0.53. At the moment, the stock has a 52-week-high of $136.78 and a 52-week-low of $42.81. Trex Co closed at $49.13 at the end of the last trading period.
  • Credit Suisse downgraded the previous rating for Stanley Black & Decker Inc (NYSE:SWK) from Outperform to Neutral. For the second quarter, Stanley Black & Decker had an EPS of $1.77, compared to year-ago quarter EPS of $3.08. At the moment, the stock has a 52-week-high of $196.52 and a 52-week-low of $70.24. Stanley Black & Decker closed at $77.04 at the end of the last trading period.
  • For JELD-WEN Holding Inc (NYSE:JELD), Credit Suisse downgraded the previous rating of Outperform to Neutral. JELD-WEN Holding earned $0.57 in the second quarter, compared to $0.59 in the year-ago quarter. The current stock performance of JELD-WEN Holding shows a 52-week-high of $27.59 and a 52-week-low of $8.41. Moreover, at the end of the last trading period, the closing price was at $8.95.
  • For Hayward Holdings Inc (NYSE:HAYW), Credit Suisse downgraded the previous rating of Outperform to Neutral. In the second quarter, Hayward Holdings showed an EPS of $0.29, compared to $0.31 from the year-ago quarter. The current stock performance of Hayward Holdings shows a 52-week-high of $26.38 and a 52-week-low of $8.30. Moreover, at the end of the last trading period, the closing price was at $9.00.
  • Credit Suisse downgraded the previous rating for Fortune Brands Home & Security Inc (NYSE:FBHS) from Outperform to Neutral. Fortune Brands Home earned $1.67 in the second quarter, compared to $1.56 in the year-ago quarter. The current stock performance of Fortune Brands Home shows a 52-week-high of $108.41 and a 52-week-low of $53.41. Moreover, at the end of the last trading period, the closing price was at $57.31.
  • Credit Suisse downgraded the previous rating for The AZEK Co Inc (NYSE:AZEK) from Outperform to Neutral. In the third quarter, AZEK Co showed an EPS of $0.29, compared to $0.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $46.56 and a 52-week-low of $15.39. AZEK Co closed at $17.17 at the end of the last trading period.
  • Guggenheim downgraded the previous rating for Relmada Therapeutics Inc (NASDAQ:RLMD) from Buy to Neutral. In the second quarter, Relmada Therapeutics showed an EPS of $1.33, compared to $1.56 from the year-ago quarter. The current stock performance of Relmada Therapeutics shows a 52-week-high of $38.68 and a 52-week-low of $6.10. Moreover, at the end of the last trading period, the closing price was at $6.47.
  • According to Barclays, the prior rating for FIGS Inc (NYSE:FIGS) was changed from Overweight to Equal-Weight. For the second quarter, FIGS had an EPS of $0.03, compared to year-ago quarter EPS of $0.08. The current stock performance of FIGS shows a 52-week-high of $27.82 and a 52-week-low of $6.93. Moreover, at the end of the last trading period, the closing price was at $8.18.
  • Baird downgraded the previous rating for Beacon Roofing Supply Inc (NASDAQ:BECN) from Outperform to Neutral. For the third quarter, Beacon Roofing Supply had an EPS of $2.80, compared to year-ago quarter EPS of $1.60. The current stock performance of Beacon Roofing Supply shows a 52-week-high of $65.30 and a 52-week-low of $45.71. Moreover, at the end of the last trading period, the closing price was at $57.84.
  • According to RBC Capital, the prior rating for Ardagh Metal Packaging SA (NYSE:AMBP) was changed from Outperform to Sector Perform. In the second quarter, Ardagh Metal Packaging showed an EPS of $0.11, compared to $0.13 from the year-ago quarter. The current stock performance of Ardagh Metal Packaging shows a 52-week-high of $9.80 and a 52-week-low of $4.55. Moreover, at the end of the last trading period, the closing price was at $4.79.
  • JP Morgan downgraded the previous rating for Northrop Grumman Corp (NYSE:NOC) from Overweight to Neutral. In the second quarter, Northrop Grumman showed an EPS of $6.06, compared to $6.42 from the year-ago quarter. The stock has a 52-week-high of $515.49 and a 52-week-low of $364.62. At the end of the last trading period, Northrop Grumman closed at $501.44.

See all analyst ratings downgrades.

 

Initiations

  • With a Buy rating, Craig-Hallum initiated coverage on Wag Group Co (NASDAQ:PET). The price target seems to have been set at $10.00 for Wag Group. Wag Group earned $0.17 in the second quarter, compared to $0.43 in the year-ago quarter. The stock has a 52-week-high of $10.00 and a 52-week-low of $1.96. At the end of the last trading period, Wag Group closed at $2.69.
  • With a Neutral rating, B. Riley Securities initiated coverage on New Mountain Finance Corp (NASDAQ:NMFC). The price target seems to have been set at $11.50 for New Mountain Finance. For the second quarter, New Mountain Finance had an EPS of $0.31, compared to year-ago quarter EPS of $0.30. At the moment, the stock has a 52-week-high of $14.09 and a 52-week-low of $11.09. New Mountain Finance closed at $11.79 at the end of the last trading period.
  • With an Outperform rating, Credit Suisse initiated coverage on Origin Materials Inc (NASDAQ:ORGN). The price target seems to have been set at $7.00 for Origin Mat. In the second quarter, Origin Mat showed an EPS of $0.33, compared to $0.63 from the year-ago quarter. The stock has a 52-week-high of $7.71 and a 52-week-low of $4.65. At the end of the last trading period, Origin Mat closed at $5.24.
  • With an Outperform rating, Credit Suisse initiated coverage on GreenLight Biosciences Inc (NASDAQ:GRNA). The price target seems to have been set at $5.50 for GreenLight Biosciences. In the second quarter, GreenLight Biosciences showed an EPS of $0.42, compared to $0.28 from the year-ago quarter. The current stock performance of GreenLight Biosciences shows a 52-week-high of $15.80 and a 52-week-low of $1.55. Moreover, at the end of the last trading period, the closing price was at $2.09.
  • With a Neutral rating, Citigroup initiated coverage on Liberty Global PLC (NASDAQ:LBTYA). The price target seems to have been set at $18.00 for Liberty Global. For the second quarter, Liberty Global had an EPS of $1.67, compared to year-ago quarter EPS of $19.55. At the moment, the stock has a 52-week-high of $29.08 and a 52-week-low of $15.22. Liberty Global closed at $16.18 at the end of the last trading period.
  • Citigroup initiated coverage on ProKidney Corp (NASDAQ:PROK) with a Buy rating. The price target for ProKidney is set to $16.00. For the second quarter, ProKidney had an EPS of $0.12, compared to year-ago quarter EPS of $0.09. The stock has a 52-week-high of $11.98 and a 52-week-low of $6.19. At the end of the last trading period, ProKidney closed at $10.25.
  • For Enhabit Inc (NYSE:EHAB), Oppenheimer initiated coverage, by setting the current rating at Perform. In the second quarter, Enhabit showed an EPS of $0.47, compared to $0.71 from the year-ago quarter. The stock has a 52-week-high of $23.51 and a 52-week-low of $11.65. At the end of the last trading period, Enhabit closed at $12.76.
  • With an Overweight rating, Piper Sandler initiated coverage on Blue Owl Capital Inc (NYSE:OWL). The price target seems to have been set at $16.00 for Blue Owl Cap. In the second quarter, Blue Owl Cap showed an EPS of $0.13, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $15.05 and a 52-week-low of $8.05. At the end of the last trading period, Blue Owl Cap closed at $8.56.
  • HC Wainwright & Co. initiated coverage on Charge Enterprises Inc (NASDAQ:CRGE) with a Buy rating. The price target for Charge Enterprises is set to $4.50. For the second quarter, Charge Enterprises had an EPS of $0.27, compared to year-ago quarter EPS of $0.07. The current stock performance of Charge Enterprises shows a 52-week-high of $8.46 and a 52-week-low of $1.54. Moreover, at the end of the last trading period, the closing price was at $2.01.
  • With a Buy rating, Loop Capital initiated coverage on Micron Technology Inc (NASDAQ:MU). The price target seems to have been set at $70.00 for Micron Technology. Micron Technology earned $1.45 in the fourth quarter, compared to $2.42 in the year-ago quarter. The stock has a 52-week-high of $98.45 and a 52-week-low of $48.45. At the end of the last trading period, Micron Technology closed at $54.86.
  • Oppenheimer initiated coverage on Amprius Technologies Inc (NYSE:AMPX) with an Outperform rating. The price target for Amprius Technologies is set to $14.00. The stock has a 52-week-high of $26.01 and a 52-week-low of $5.64. At the end of the last trading period, Amprius Technologies closed at $6.95.
  • Wedbush initiated coverage on AppLovin Corp (NASDAQ:APP) with an Outperform rating. The price target for AppLovin is set to $26.00. In the second quarter, AppLovin showed an EPS of $0.06, compared to $0.04 from the year-ago quarter. The current stock performance of AppLovin shows a 52-week-high of $98.14 and a 52-week-low of $16.79. Moreover, at the end of the last trading period, the closing price was at $18.34.

See all analyst ratings initiations.

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