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Benzinga
Benzinga
Business
Benzinga Insights

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

Upgrades

UBS upgraded the previous rating for America Movil SAB de CV (NYSE:AMX) from Neutral to Buy. America Movil earned $0.21 in the second quarter, compared to $0.64 in the year-ago quarter. At the moment, the stock has a 52-week-high of $22.65 and a 52-week-low of $16.42. America Movil closed at $16.72 at the end of the last trading period.

For Norwegian Cruise Line Holdings Ltd (NYSE:NCLH), Truist Securities upgraded the previous rating of Hold to Buy. In the second quarter, Norwegian Cruise Line showed an EPS of $1.14, compared to $1.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.90 and a 52-week-low of $10.31. Norwegian Cruise Line closed at $15.33 at the end of the last trading period.

Redburn Partners upgraded the previous rating for Morningstar Inc (NASDAQ:MORN) from Neutral to Buy. In the second quarter, Morningstar showed an EPS of $1.17, compared to $1.76 from the year-ago quarter. The stock has a 52-week-high of $343.54 and a 52-week-low of $218.25. At the end of the last trading period, Morningstar closed at $223.71.

For Humana Inc (NYSE:HUM), Morgan Stanley upgraded the previous rating of Equal-Weight to Overweight. In the second quarter, Humana showed an EPS of $8.67, compared to $6.89 from the year-ago quarter. At the moment, the stock has a 52-week-high of $504.99 and a 52-week-low of $351.20. Humana closed at $501.07 at the end of the last trading period.

For Martin Marietta Materials Inc (NYSE:MLM), Exane BNP Paribas upgraded the previous rating of Neutral to Outperform. In the second quarter, Martin Marietta Materials showed an EPS of $3.96, compared to $3.81 from the year-ago quarter. At the moment, the stock has a 52-week-high of $446.46 and a 52-week-low of $284.99. Martin Marietta Materials closed at $335.79 at the end of the last trading period.

For America Movil SAB de CV (NYSE:AMX), Piper Sandler upgraded the previous rating of Neutral to Buy. America Movil earned $0.21 in the second quarter, compared to $0.64 in the year-ago quarter. The current stock performance of America Movil shows a 52-week-high of $22.65 and a 52-week-low of $16.42. Moreover, at the end of the last trading period, the closing price was at $16.72.

See all analyst ratings upgrades.

Downgrades

For PayPal Holdings Inc (NASDAQ:PYPL), Susquehanna downgraded the previous rating of Positive to Neutral. PayPal Holdings earned $0.93 in the second quarter, compared to $1.15 in the year-ago quarter. The stock has a 52-week-high of $196.10 and a 52-week-low of $67.58. At the end of the last trading period, PayPal Holdings closed at $95.03.

According to Barclays, the prior rating for Nike Inc (NYSE:NKE) was changed from Overweight to Equal-Weight. For the fourth quarter, Nike had an EPS of $0.99, compared to year-ago quarter EPS of $0.93. The stock has a 52-week-high of $167.91 and a 52-week-low of $99.53. At the end of the last trading period, Nike closed at $107.21.

B of A Securities downgraded the previous rating for Louisiana-Pacific Corp (NYSE:LPX) from Neutral to Underperform. In the second quarter, Louisiana-Pacific showed an EPS of $4.57, compared to $4.74 from the year-ago quarter. The stock has a 52-week-high of $79.77 and a 52-week-low of $49.98. At the end of the last trading period, Louisiana-Pacific closed at $54.62.

B of A Securities downgraded the previous rating for Weyerhaeuser Co (NYSE:WY) from Buy to Neutral. For the second quarter, Weyerhaeuser had an EPS of $1.06, compared to year-ago quarter EPS of $1.37. At the moment, the stock has a 52-week-high of $43.04 and a 52-week-low of $30.42. Weyerhaeuser closed at $31.71 at the end of the last trading period.

HC Wainwright & Co. downgraded the previous rating for Virios Therapeutics Inc (NASDAQ:VIRI) from Buy to Neutral. Virios Therapeutics earned $0.44 in the second quarter, compared to $0.51 in the year-ago quarter. The current stock performance of Virios Therapeutics shows a 52-week-high of $9.11 and a 52-week-low of $1.92. Moreover, at the end of the last trading period, the closing price was at $2.00.

Wells Fargo downgraded the previous rating for Huntsman Corp (NYSE:HUN) from Overweight to Equal-Weight. Huntsman earned $1.28 in the second quarter, compared to $0.86 in the year-ago quarter. At the moment, the stock has a 52-week-high of $41.65 and a 52-week-low of $24.87. Huntsman closed at $25.79 at the end of the last trading period.

For Change Healthcare Inc (NASDAQ:CHNG), Piper Sandler downgraded the previous rating of Overweight to Neutral. For the first quarter, Change Healthcare had an EPS of $0.38, compared to year-ago quarter EPS of $0.41. The current stock performance of Change Healthcare shows a 52-week-high of $25.71 and a 52-week-low of $18.97. Moreover, at the end of the last trading period, the closing price was at $25.47.

Deutsche Bank downgraded the previous rating for Western Digital Corp (NASDAQ:WDC) from Buy to Hold. Western Digital earned $1.78 in the fourth quarter, compared to $2.16 in the year-ago quarter. The stock has a 52-week-high of $69.36 and a 52-week-low of $36.19. At the end of the last trading period, Western Digital closed at $36.62.

See all analyst ratings downgrades.

Initiations

With a Neutral rating, Macquarie initiated coverage on Getty Images Holdings Inc (NYSE:GETY). The price target seems to have been set at $8.25 for Getty Images Holdings. At the moment, the stock has a 52-week-high of $37.88 and a 52-week-low of $8.08. Getty Images Holdings closed at $8.50 at the end of the last trading period.

Citigroup initiated coverage on Gelesis Holdings Inc (NYSE:GLS) with a Neutral rating. The price target for Gelesis Holdings is set to $1.15. At the moment, the stock has a 52-week-high of $8.24 and a 52-week-low of $1.01. Gelesis Holdings closed at $1.12 at the end of the last trading period.

With an Underweight rating, JP Morgan initiated coverage on Gogoro Inc (NASDAQ:GGR). The price target seems to have been set at $4.30 for Gogoro. The stock has a 52-week-high of $17.59 and a 52-week-low of $3.92. At the end of the last trading period, Gogoro closed at $5.26.

With an Outperform rating, Evercore ISI Group initiated coverage on Ziff Davis Inc (NASDAQ:ZD). The price target seems to have been set at $90.00 for Ziff Davis. For the second quarter, Ziff Davis had an EPS of $1.58, compared to year-ago quarter EPS of $2.41. The stock has a 52-week-high of $114.43 and a 52-week-low of $68.42. At the end of the last trading period, Ziff Davis closed at $74.73.

B of A Securities initiated coverage on Etsy Inc (NASDAQ:ETSY) with a Neutral rating. The price target for Etsy is set to $120.00. Etsy earned $0.51 in the second quarter, compared to $0.68 in the year-ago quarter. The stock has a 52-week-high of $223.22 and a 52-week-low of $67.01. At the end of the last trading period, Etsy closed at $111.78.

With an Underweight rating, Morgan Stanley initiated coverage on Focus Financial Partners Inc (NASDAQ:FOCS). The price target seems to have been set at $37.00 for Focus Finl Partners. In the second quarter, Focus Finl Partners showed an EPS of $1.18, compared to $0.84 from the year-ago quarter. The current stock performance of Focus Finl Partners shows a 52-week-high of $62.24 and a 52-week-low of $30.88. Moreover, at the end of the last trading period, the closing price was at $36.83.

For Velodyne Lidar Inc (NASDAQ:VLDR), JP Morgan initiated coverage, by setting the current rating at Underweight. Velodyne Lidar earned $0.18 in the second quarter, compared to $0.18 in the year-ago quarter. The current stock performance of Velodyne Lidar shows a 52-week-high of $5.00 and a 52-week-low of $0.82. Moreover, at the end of the last trading period, the closing price was at $1.12.

With a Market Outperform rating, JMP Securities initiated coverage on NexPoint Residential Trust Inc (NYSE:NXRT). The price target seems to have been set at $70.00 for NexPoint Residential. For the second quarter, NexPoint Residential had an EPS of $0.79, compared to year-ago quarter EPS of $0.56. At the moment, the stock has a 52-week-high of $95.04 and a 52-week-low of $50.27. NexPoint Residential closed at $52.05 at the end of the last trading period.

With an Overweight rating, JP Morgan initiated coverage on Innoviz Technologies Ltd (NASDAQ:INVZ). The price target seems to have been set at $22.00 for Innoviz Technologies. In the second quarter, Innoviz Technologies showed an EPS of $0.21, compared to $0.58 from the year-ago quarter. The stock has a 52-week-high of $6.47 and a 52-week-low of $2.89. At the end of the last trading period, Innoviz Technologies closed at $5.54.

JP Morgan initiated coverage on Luminar Technologies Inc (NASDAQ:LAZR) with an Overweight rating. The price target for Luminar Technologies is set to $30.00. For the second quarter, Luminar Technologies had an EPS of $0.18, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $18.16 and a 52-week-low of $5.61. Luminar Technologies closed at $9.11 at the end of the last trading period.

JP Morgan initiated coverage on Cepton Inc (NASDAQ:CPTN) with a Neutral rating. For the second quarter, Cepton had an EPS of $0.09, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $80.16 and a 52-week-low of $1.01. Cepton closed at $1.78 at the end of the last trading period.

Jefferies initiated coverage on Provention Bio Inc (NASDAQ:PRVB) with a Buy rating. The price target for Provention Bio is set to $10.00. Provention Bio earned $0.46 in the second quarter, compared to $0.46 in the year-ago quarter. At the moment, the stock has a 52-week-high of $8.04 and a 52-week-low of $3.19. Provention Bio closed at $4.75 at the end of the last trading period.

With a Hold rating, Jefferies initiated coverage on Vista Outdoor Inc (NYSE:VSTO). The price target seems to have been set at $26.00 for Vista Outdoor. In the first quarter, Vista Outdoor showed an EPS of $2.31, compared to $1.74 from the year-ago quarter. At the moment, the stock has a 52-week-high of $52.69 and a 52-week-low of $25.68. Vista Outdoor closed at $28.18 at the end of the last trading period.

For LiveRamp Holdings Inc (NYSE:RAMP), Benchmark initiated coverage, by setting the current rating at Hold. For the first quarter, LiveRamp Holdings had an EPS of $0.05, compared to year-ago quarter EPS of $0.09. The current stock performance of LiveRamp Holdings shows a 52-week-high of $51.08 and a 52-week-low of $18.74. Moreover, at the end of the last trading period, the closing price was at $20.09.

Keybanc initiated coverage on PDC Energy Inc (NASDAQ:PDCE) with a Sector Weight rating. PDC Energy earned $5.11 in the second quarter, compared to $1.66 in the year-ago quarter. The stock has a 52-week-high of $89.22 and a 52-week-low of $48.52. At the end of the last trading period, PDC Energy closed at $62.63.

Keybanc initiated coverage on Gulfport Energy Corp (NYSE:GPOR) with a Sector Weight rating. At the moment, the stock has a 52-week-high of $108.10 and a 52-week-low of $60.46. Gulfport Energy closed at $95.64 at the end of the last trading period.

Keybanc initiated coverage on Callon Petroleum Co (NYSE:CPE) with a Sector Weight rating. For the second quarter, Callon Petroleum had an EPS of $3.68, compared to year-ago quarter EPS of $1.49. At the moment, the stock has a 52-week-high of $66.48 and a 52-week-low of $33.85. Callon Petroleum closed at $39.77 at the end of the last trading period.

With an Overweight rating, Keybanc initiated coverage on SM Energy Co (NYSE:SM). The price target seems to have been set at $64.00 for SM Energy. For the second quarter, SM Energy had an EPS of $2.19, compared to year-ago quarter EPS of $0.01. The current stock performance of SM Energy shows a 52-week-high of $54.97 and a 52-week-low of $28.91. Moreover, at the end of the last trading period, the closing price was at $42.57.

Keybanc initiated coverage on SilverBow Resources Inc (NYSE:SBOW) with an Overweight rating. The price target for SilverBow Resources is set to $58.00. In the second quarter, SilverBow Resources showed an EPS of $4.95, compared to $1.64 from the year-ago quarter. The current stock performance of SilverBow Resources shows a 52-week-high of $49.91 and a 52-week-low of $19.00. Moreover, at the end of the last trading period, the closing price was at $31.78.

With an Overweight rating, Keybanc initiated coverage on Pioneer Natural Resources Co (NYSE:PXD). The price target seems to have been set at $290.00 for Pioneer Natural Resources. In the second quarter, Pioneer Natural Resources showed an EPS of $9.36, compared to $2.55 from the year-ago quarter. The current stock performance of Pioneer Natural Resources shows a 52-week-high of $288.46 and a 52-week-low of $179.80. Moreover, at the end of the last trading period, the closing price was at $234.85.

Keybanc initiated coverage on Matador Resources Co (NYSE:MTDR) with an Overweight rating. The price target for Matador Resources is set to $72.00. In the second quarter, Matador Resources showed an EPS of $3.47, compared to $1.02 from the year-ago quarter. At the moment, the stock has a 52-week-high of $67.78 and a 52-week-low of $37.01. Matador Resources closed at $56.34 at the end of the last trading period.

With an Overweight rating, Keybanc initiated coverage on Magnolia Oil & Gas Corp (NYSE:MGY). The price target seems to have been set at $28.00 for Magnolia Oil & Gas. Magnolia Oil & Gas earned $1.32 in the second quarter, compared to $0.56 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.31 and a 52-week-low of $18.01. Magnolia Oil & Gas closed at $22.46 at the end of the last trading period.

Keybanc initiated coverage on EOG Resources Inc (NYSE:EOG) with an Overweight rating. The price target for EOG Resources is set to $157.00. For the second quarter, EOG Resources had an EPS of $2.74, compared to year-ago quarter EPS of $1.73. At the moment, the stock has a 52-week-high of $147.99 and a 52-week-low of $88.29. EOG Resources closed at $120.43 at the end of the last trading period.

Keybanc initiated coverage on Diamondback Energy Inc (NASDAQ:FANG) with an Overweight rating. The price target for Diamondback Energy is set to $163.00. Diamondback Energy earned $7.07 in the second quarter, compared to $2.40 in the year-ago quarter. The stock has a 52-week-high of $162.24 and a 52-week-low of $103.71. At the end of the last trading period, Diamondback Energy closed at $130.93.

With an Overweight rating, Keybanc initiated coverage on Denbury Inc (NYSE:DEN). The price target seems to have been set at $102.00 for Denbury. Denbury earned $1.69 in the second quarter, compared to $0.61 in the year-ago quarter. At the moment, the stock has a 52-week-high of $93.95 and a 52-week-low of $56.59. Denbury closed at $83.24 at the end of the last trading period.

Keybanc initiated coverage on Comstock Resources Inc (NYSE:CRK) with an Overweight rating. The price target for Comstock Res is set to $26.00. Comstock Res earned $1.00 in the second quarter, compared to $0.22 in the year-ago quarter. The current stock performance of Comstock Res shows a 52-week-high of $22.11 and a 52-week-low of $6.88. Moreover, at the end of the last trading period, the closing price was at $19.05.

Keybanc initiated coverage on Kimbell Royalty Partners LP (NYSE:KRP) with a Sector Weight rating. In the second quarter, Kimbell Royalty Partners showed an EPS of $0.55, compared to $0.04 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.08 and a 52-week-low of $13.75. Kimbell Royalty Partners closed at $17.79 at the end of the last trading period.

For Brigham Minerals Inc (NYSE:MNRL), Keybanc initiated coverage, by setting the current rating at Sector Weight. Brigham Minerals earned $0.78 in the second quarter, compared to $0.25 in the year-ago quarter. The stock has a 52-week-high of $33.64 and a 52-week-low of $20.53. At the end of the last trading period, Brigham Minerals closed at $26.85.

With an Overweight rating, Keybanc initiated coverage on Viper Energy Partners LP (NASDAQ:VNOM). The price target seems to have been set at $39.00 for Viper Energy Partners. In the second quarter, Viper Energy Partners showed an EPS of $0.43, compared to $0.09 from the year-ago quarter. At the moment, the stock has a 52-week-high of $35.85 and a 52-week-low of $21.44. Viper Energy Partners closed at $30.69 at the end of the last trading period.

Keybanc initiated coverage on Black Stone Minerals LP (NYSE:BSM) with an Overweight rating. The price target for Black Stone Minerals is set to $22.00. Black Stone Minerals earned $0.59 in the second quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $17.36 and a 52-week-low of $10.36. At the end of the last trading period, Black Stone Minerals closed at $15.92.

With an Overweight rating, Keybanc initiated coverage on Civitas Resources Inc (NYSE:CIVI). The price target seems to have been set at $80.00 for Civitas Resources. For the second quarter, Civitas Resources had an EPS of $4.63, compared to year-ago quarter EPS of $1.19. At the moment, the stock has a 52-week-high of $84.76 and a 52-week-low of $44.17. Civitas Resources closed at $62.73 at the end of the last trading period.

See all analyst ratings initiations.

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