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Benzinga
Benzinga
Business
Benzinga Insights

Benzinga's Top Ratings Upgrades, Downgrades For September 23, 2022

Upgrades

According to B. Riley Securities, the prior rating for Warrior Met Coal Inc (NYSE:HCC) was changed from Neutral to Buy. For the second quarter, Warrior Met Coal had an EPS of $5.87, compared to year-ago quarter EPS of $0.25. At the moment, the stock has a 52-week-high of $42.95 and a 52-week-low of $24.72. Warrior Met Coal closed at $27.70 at the end of the last trading period.

Mizuho upgraded the previous rating for Avista Corp (NYSE:AVA) from Neutral to Buy. In the second quarter, Avista showed an EPS of $0.16, compared to $0.20 from the year-ago quarter. The stock has a 52-week-high of $46.90 and a 52-week-low of $39.40. At the end of the last trading period, Avista closed at $40.33.

According to B of A Securities, the prior rating for Apollo Global Management Inc (NYSE:APO) was changed from Underperform to Neutral. For the second quarter, Apollo Global Management had an EPS of $0.94, compared to year-ago quarter EPS of $1.14. At the moment, the stock has a 52-week-high of $74.44 and a 52-week-low of $45.97. Apollo Global Management closed at $51.51 at the end of the last trading period.

According to BMO Capital, the prior rating for Domino's Pizza Inc (NYSE:DPZ) was changed from Market Perform to Outperform. For the second quarter, Domino's Pizza had an EPS of $2.82, compared to year-ago quarter EPS of $3.12. The stock has a 52-week-high of $564.73 and a 52-week-low of $319.62. At the end of the last trading period, Domino's Pizza closed at $320.14.

According to Wedbush, the prior rating for FuboTV Inc (NYSE:FUBO) was changed from Neutral to Outperform. In the second quarter, FuboTV showed an EPS of $0.45, compared to $0.38 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.65 and a 52-week-low of $2.32. FuboTV closed at $3.92 at the end of the last trading period.

See all analyst ratings upgrades.

Downgrades

According to UBS, the prior rating for Moelis & Co (NYSE:MC) was changed from Neutral to Sell. Moelis & Co earned $0.57 in the second quarter, compared to $1.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $64.30 and a 52-week-low of $36.69. Moelis & Co closed at $37.04 at the end of the last trading period.

According to Evercore ISI Group, the prior rating for Evercore Inc (NYSE:EVR) was changed from Neutral to Sell. In the second quarter, Evercore showed an EPS of $2.46, compared to $3.17 from the year-ago quarter. The stock has a 52-week-high of $142.18 and a 52-week-low of $84.83. At the end of the last trading period, Evercore closed at $86.50.

For Okta Inc (NASDAQ:OKTA), Cleveland Research downgraded the previous rating of Buy to Neutral. For the second quarter, Okta had an EPS of $0.10, compared to year-ago quarter EPS of $0.11. At the moment, the stock has a 52-week-high of $226.49 and a 52-week-low of $55.22. Okta closed at $55.26 at the end of the last trading period.

According to BTIG, the prior rating for Marathon Digital Holdings Inc (NASDAQ:MARA) was changed from Buy to Neutral. Marathon Digital Holdings earned $2.28 in the second quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $35.48 and a 52-week-low of $5.20. At the end of the last trading period, Marathon Digital Holdings closed at $10.52.

According to Wells Fargo, the prior rating for Ally Financial Inc (NYSE:ALLY) was changed from Overweight to Equal-Weight. For the second quarter, Ally Financial had an EPS of $1.76, compared to year-ago quarter EPS of $2.33. The stock has a 52-week-high of $53.83 and a 52-week-low of $30.45. At the end of the last trading period, Ally Financial closed at $30.68.

For Equinix Inc (NASDAQ:EQIX), Barclays downgraded the previous rating of Overweight to Equal-Weight. In the second quarter, Equinix showed an EPS of $7.58, compared to $7.01 from the year-ago quarter. The stock has a 52-week-high of $847.71 and a 52-week-low of $606.12. At the end of the last trading period, Equinix closed at $609.26.

Barclays downgraded the previous rating for Digital Realty Trust Inc (NYSE:DLR) from Equal-Weight to Underweight. For the second quarter, Digital Realty Trust had an EPS of $1.72, compared to year-ago quarter EPS of $1.54. At the moment, the stock has a 52-week-high of $177.15 and a 52-week-low of $106.15. Digital Realty Trust closed at $107.41 at the end of the last trading period.

According to Needham, the prior rating for Steris PLC (NYSE:STE) was changed from Buy to Hold. Steris earned $1.90 in the first quarter, compared to $1.76 in the year-ago quarter. The stock has a 52-week-high of $255.93 and a 52-week-low of $175.68. At the end of the last trading period, Steris closed at $176.76.

According to Cowen & Co., the prior rating for Iris Energy Ltd (NASDAQ:IREN) was changed from Outperform to Market Perform. At the moment, the stock has a 52-week-high of $17.97 and a 52-week-low of $2.89. Iris Energy closed at $4.04 at the end of the last trading period.

See all analyst ratings downgrades.

Initiations

With a Buy rating, Alliance Global Partners initiated coverage on Flora Growth Corp (NASDAQ:FLGC). The price target seems to have been set at $2.50 for Flora Growth. NoneThe stock has a 52-week-high of $2.38 and a 52-week-low of $0.59. At the end of the last trading period, Flora Growth closed at $0.91.

For Cincinnati Financial Corp (NASDAQ:CINF), Raymond James initiated coverage, by setting the current rating at Market Perform. In the second quarter, Cincinnati Financial showed an EPS of $0.65, compared to $1.79 from the year-ago quarter. The current stock performance of Cincinnati Financial shows a 52-week-high of $143.22 and a 52-week-low of $92.75. Moreover, at the end of the last trading period, the closing price was at $92.99.

With an Underperform rating, Credit Suisse initiated coverage on LivePerson Inc (NASDAQ:LPSN). The price target seems to have been set at $8.00 for LivePerson. For the second quarter, LivePerson had an EPS of $0.23, compared to year-ago quarter EPS of $0.30. At the moment, the stock has a 52-week-high of $35.96 and a 52-week-low of $9.39. LivePerson closed at $9.59 at the end of the last trading period.

With a Neutral rating, Credit Suisse initiated coverage on RingCentral Inc (NYSE:RNG). The price target seems to have been set at $40.00 for RingCentral. RingCentral earned $0.45 in the second quarter, compared to $0.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $194.40 and a 52-week-low of $40.59. RingCentral closed at $41.66 at the end of the last trading period.

Credit Suisse initiated coverage on Five9 Inc (NASDAQ:FIVN) with a Neutral rating. The price target for Five9 is set to $90.00. Five9 earned $0.34 in the second quarter, compared to $0.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $144.24 and a 52-week-low of $76.58. Five9 closed at $77.59 at the end of the last trading period.

Credit Suisse initiated coverage on Twilio Inc (NYSE:TWLO) with a Neutral rating. The price target for Twilio is set to $80.00. Twilio earned $0.11 in the second quarter, compared to $0.11 in the year-ago quarter. At the moment, the stock has a 52-week-high of $266.74 and a 52-week-low of $64.29. Twilio closed at $69.77 at the end of the last trading period.

Credit Suisse initiated coverage on Zoom Video Communications Inc (NASDAQ:ZM) with a Neutral rating. The price target for Zoom Video Comms is set to $83.00. Zoom Video Comms earned $1.05 in the second quarter, compared to $1.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $184.91 and a 52-week-low of $74.33. Zoom Video Comms closed at $74.54 at the end of the last trading period.

With an Outperform rating, Credit Suisse initiated coverage on PagerDuty Inc (NYSE:PD). The price target seems to have been set at $32.00 for PagerDuty. PagerDuty earned $0.04 in the second quarter, compared to $0.13 in the year-ago quarter. At the moment, the stock has a 52-week-high of $38.75 and a 52-week-low of $21.72. PagerDuty closed at $22.32 at the end of the last trading period.

Credit Suisse initiated coverage on New Relic Inc (NYSE:NEWR) with an Outperform rating. The price target for New Relic is set to $78.00. For the first quarter, New Relic had an EPS of $0.26, compared to year-ago quarter EPS of $0.25. The current stock performance of New Relic shows a 52-week-high of $110.96 and a 52-week-low of $41.66. Moreover, at the end of the last trading period, the closing price was at $55.59.

With a Neutral rating, Credit Suisse initiated coverage on Dynatrace Inc (NYSE:DT). The price target seems to have been set at $38.00 for Dynatrace. For the first quarter, Dynatrace had an EPS of $0.18, compared to year-ago quarter EPS of $0.16. At the moment, the stock has a 52-week-high of $61.17 and a 52-week-low of $29.41. Dynatrace closed at $34.10 at the end of the last trading period.

With an Outperform rating, Credit Suisse initiated coverage on Datadog Inc (NASDAQ:DDOG). The price target seems to have been set at $145.00 for Datadog. For the second quarter, Datadog had an EPS of $0.24, compared to year-ago quarter EPS of $0.09. At the moment, the stock has a 52-week-high of $184.70 and a 52-week-low of $81.12. Datadog closed at $89.44 at the end of the last trading period.

Stephens & Co. initiated coverage on BJ's Restaurants Inc (NASDAQ:BJRI) with a Equal-Weight rating. The price target for BJ's Restaurants is set to $27.00. BJ's Restaurants earned $0.01 in the second quarter, compared to $0.26 in the year-ago quarter. The stock has a 52-week-high of $37.22 and a 52-week-low of $20.15. At the end of the last trading period, BJ's Restaurants closed at $24.89.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Starbucks Corp (NASDAQ:SBUX). The price target seems to have been set at $91.00 for Starbucks. Starbucks earned $0.84 in the third quarter, compared to $1.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $117.80 and a 52-week-low of $68.39. Starbucks closed at $84.70 at the end of the last trading period.

Stephens & Co. initiated coverage on Carrols Restaurant Group Inc (NASDAQ:TAST) with an Overweight rating. The price target for Carrols Restaurant Group is set to $4.00. Carrols Restaurant Group earned $0.18 in the second quarter, compared to $0.00 in the year-ago quarter. The stock has a 52-week-high of $3.25 and a 52-week-low of $1.28. At the end of the last trading period, Carrols Restaurant Group closed at $1.68.

With an Overweight rating, Stephens & Co. initiated coverage on Noodles & Co (NASDAQ:NDLS). The price target seems to have been set at $7.00 for Noodles. For the second quarter, Noodles had an EPS of $0.05, compared to year-ago quarter EPS of $0.10. At the moment, the stock has a 52-week-high of $9.63 and a 52-week-low of $4.25. Noodles closed at $4.61 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on Darden Restaurants Inc (NYSE:DRI). The price target seems to have been set at $140.00 for Darden Restaurants. Darden Restaurants earned $1.56 in the first quarter, compared to $1.76 in the year-ago quarter. At the moment, the stock has a 52-week-high of $155.25 and a 52-week-low of $110.96. Darden Restaurants closed at $125.45 at the end of the last trading period.

Stephens & Co. initiated coverage on Chipotle Mexican Grill Inc (NYSE:CMG) with an Overweight rating. The price target for Chipotle Mexican Grill is set to $1900.00. Chipotle Mexican Grill earned $9.30 in the second quarter, compared to $7.46 in the year-ago quarter. The current stock performance of Chipotle Mexican Grill shows a 52-week-high of $1754.56 and a 52-week-low of $1196.28. Moreover, at the end of the last trading period, the closing price was at $1588.48.

Stephens & Co. initiated coverage on McDonald's Corp (NYSE:MCD) with an Overweight rating. The price target for McDonald's is set to $280.00. 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 $247.94 at the end of the last trading period.

Chardan Capital initiated coverage on Omega Therapeutics Inc (NASDAQ:OMGA) with a Buy rating. The price target for Omega Therapeutics is set to $12.00. Omega Therapeutics earned $0.54 in the second quarter, compared to $3.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.31 and a 52-week-low of $1.98. Omega Therapeutics closed at $6.03 at the end of the last trading period.

With a Buy rating, Chardan Capital initiated coverage on Senti Biosciences Inc (NASDAQ:SNTI). The price target seems to have been set at $12.00 for Senti Biosciences. Senti Biosciences earned $0.86 in the second quarter, compared to $4.13 in the year-ago quarter. The stock has a 52-week-high of $8.01 and a 52-week-low of $1.31. At the end of the last trading period, Senti Biosciences closed at $1.40.

With a Equal-Weight rating, Stephens & Co. initiated coverage on Domino's Pizza Inc (NYSE:DPZ). The price target seems to have been set at $368.00 for Domino's Pizza. In the second quarter, Domino's Pizza showed an EPS of $2.82, compared to $3.12 from the year-ago quarter. The stock has a 52-week-high of $564.73 and a 52-week-low of $319.62. At the end of the last trading period, Domino's Pizza closed at $320.14.

Stephens & Co. initiated coverage on Restaurant Brands International Inc (NYSE:QSR) with a Equal-Weight rating. In the second quarter, Restaurant Brands Intl showed an EPS of $0.82, compared to $0.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $61.79 and a 52-week-low of $46.68. Restaurant Brands Intl closed at $56.41 at the end of the last trading period.

With an Overweight rating, Stephens & Co. initiated coverage on Ruth's Hospitality Group Inc (NASDAQ:RUTH). The price target seems to have been set at $22.00 for Ruth's Hospitality Group. In the second quarter, Ruth's Hospitality Group showed an EPS of $0.44, compared to $0.36 from the year-ago quarter. The current stock performance of Ruth's Hospitality Group shows a 52-week-high of $24.93 and a 52-week-low of $15.16. Moreover, at the end of the last trading period, the closing price was at $16.45.

With an Overweight rating, Stephens & Co. initiated coverage on Chuy's Holdings Inc (NASDAQ:CHUY). The price target seems to have been set at $27.00 for Chuy's Holdings. Chuy's Holdings earned $0.44 in the second quarter, compared to $0.62 in the year-ago quarter. The current stock performance of Chuy's Holdings shows a 52-week-high of $32.71 and a 52-week-low of $18.64. Moreover, at the end of the last trading period, the closing price was at $22.58.

With an Overweight rating, Stephens & Co. initiated coverage on Cheesecake Factory Inc (NASDAQ:CAKE). The price target seems to have been set at $38.00 for Cheesecake Factory. In the second quarter, Cheesecake Factory showed an EPS of $0.52, compared to $0.80 from the year-ago quarter. The current stock performance of Cheesecake Factory shows a 52-week-high of $44.65 and a 52-week-low of $26.05. Moreover, at the end of the last trading period, the closing price was at $29.14.

Stephens & Co. initiated coverage on The One Group Hospitality Inc (NASDAQ:STKS) with an Overweight rating. The price target for The One Group Hospitality is set to $15.00. In the second quarter, The One Group Hospitality showed an EPS of $0.15, compared to $0.19 from the year-ago quarter. The current stock performance of The One Group Hospitality shows a 52-week-high of $13.85 and a 52-week-low of $6.54. Moreover, at the end of the last trading period, the closing price was at $6.85.

Stephens & Co. initiated coverage on Kura Sushi USA Inc (NASDAQ:KRUS) with an Overweight rating. The price target for Kura Sushi USA is set to $85.00. In the third quarter, Kura Sushi USA showed an EPS of $0.05, compared to $0.54 from the year-ago quarter. The stock has a 52-week-high of $96.60 and a 52-week-low of $30.95. At the end of the last trading period, Kura Sushi USA closed at $66.18.

Stephens & Co. initiated coverage on Papa John's International Inc (NASDAQ:PZZA) with an Overweight rating. The price target for Papa John's International is set to $100.00. In the second quarter, Papa John's International showed an EPS of $0.74, compared to $0.93 from the year-ago quarter. At the moment, the stock has a 52-week-high of $133.40 and a 52-week-low of $72.66. Papa John's International closed at $74.12 at the end of the last trading period.

Stephens & Co. initiated coverage on Texas Roadhouse Inc (NASDAQ:TXRH) with a Equal-Weight rating. The price target for Texas Roadhouse is set to $90.00. For the second quarter, Texas Roadhouse had an EPS of $1.07, compared to year-ago quarter EPS of $1.08. At the moment, the stock has a 52-week-high of $96.04 and a 52-week-low of $68.58. Texas Roadhouse closed at $86.42 at the end of the last trading period.

Stephens & Co. initiated coverage on The Wendy's Co (NASDAQ:WEN) with an Overweight rating. The price target for Wendy's is set to $25.00. Wendy's earned $0.24 in the second quarter, compared to $0.27 in the year-ago quarter. The stock has a 52-week-high of $24.48 and a 52-week-low of $15.77. At the end of the last trading period, Wendy's closed at $19.14.

With an Overweight rating, Stephens & Co. initiated coverage on Wingstop Inc (NASDAQ:WING). The price target seems to have been set at $148.00 for Wingstop. Wingstop earned $0.45 in the second quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $174.79 and a 52-week-low of $67.67. At the end of the last trading period, Wingstop closed at $127.39.

Stephens & Co. initiated coverage on Performance Food Group Co (NYSE:PFGC) with an Overweight rating. The price target for Performance Food Gr is set to $60.00. In the fourth quarter, Performance Food Gr showed an EPS of $1.07, compared to $0.56 from the year-ago quarter. The stock has a 52-week-high of $58.13 and a 52-week-low of $38.23. At the end of the last trading period, Performance Food Gr closed at $45.90.

Stephens & Co. initiated coverage on Sysco Corp (NYSE:SYY) with an Overweight rating. The price target for Sysco is set to $90.00. For the fourth quarter, Sysco had an EPS of $1.15, compared to year-ago quarter EPS of $0.71. The stock has a 52-week-high of $91.53 and a 52-week-low of $73.97. At the end of the last trading period, Sysco closed at $77.38.

With a Buy rating, Truist Securities initiated coverage on Flywire Corp (NASDAQ:FLYW). The price target seems to have been set at $36.00 for Flywire. For the second quarter, Flywire had an EPS of $0.22, compared to year-ago quarter EPS of $0.35. At the moment, the stock has a 52-week-high of $39.31 and a 52-week-low of $14.56. Flywire closed at $23.91 at the end of the last trading period.

See all analyst ratings initiations.

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