Benzinga·Oct 24Benzinga's Top Ratings Upgrades, Downgrades For October 24, 2023
Upgrades
For Martin Marietta Materials Inc (NYSE:MLM), Seaport Global upgraded the previous rating of Neutral to Buy. For the second quarter, Martin Marietta Materials had an EPS of $5.60, compared to year-ago quarter EPS of $3.96. The current stock performance of Martin Marietta Materials shows a 52-week-high of $463.41 and a 52-week-low of $304.00. Moreover, at the end of the last trading period, the closing price was at $412.70.
According to Seaport Global, the prior rating for Vulcan Materials Co (NYSE:VMC) was changed from Neutral to Buy. Vulcan Materials earned $2.29 in the second quarter, compared to $1.53 in the year-ago quarter. The current stock performance of Vulcan Materials shows a 52-week-high of $229.75 and a 52-week-low of $149.08. Moreover, at the end of the last trading period, the closing price was at $202.50.
Seaport Global upgraded the previous rating for Summit Materials Inc (NYSE:SUM) from Neutral to Buy. For the second quarter, Summit Materials had an EPS of $0.71, compared to year-ago quarter EPS of $0.59. The current stock performance of Summit Materials shows a 52-week-high of $39.56 and a 52-week-low of $24.17. Moreover, at the end of the last trading period, the closing price was at $32.19.
According to Evercore ISI Group, the prior rating for Alkermes PLC (NASDAQ:ALKS) was changed from In-Line to Outperform. For the second quarter, Alkermes had an EPS of $0.55, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $33.71 and a 52-week-low of $21.84. At the end of the last trading period, Alkermes closed at $24.43.
According to Raymond James, the prior rating for Range Resources Corp (NYSE:RRC) was changed from Market Perform to Outperform. The current stock performance of Range Resources shows a 52-week-high of $35.80 and a 52-week-low of $22.61. Moreover, at the end of the last trading period, the closing price was at $34.68.
For Coterra Energy Inc (NYSE:CTRA), Raymond James upgraded the previous rating of Market Perform to Outperform. In the second quarter, Coterra Energy showed an EPS of $0.39, compared to $1.35 from the year-ago quarter. The current stock performance of Coterra Energy shows a 52-week-high of $31.76 and a 52-week-low of $22.25. Moreover, at the end of the last trading period, the closing price was at $28.40.
Raymond James upgraded the previous rating for Antero Resources Corp (NYSE:AR) from Market Perform to Strong Buy. Antero Resources earned $0.28 in the second quarter, compared to $1.68 in the year-ago quarter. The current stock performance of Antero Resources shows a 52-week-high of $40.19 and a 52-week-low of $19.91. Moreover, at the end of the last trading period, the closing price was at $27.86.
For PVH Corp (NYSE:PVH), JP Morgan upgraded the previous rating of Neutral to Overweight. PVH earned $1.98 in the second quarter, compared to $2.08 in the year-ago quarter. The stock has a 52-week-high of $94.51 and a 52-week-low of $46.99. At the end of the last trading period, PVH closed at $73.57.
BTIG upgraded the previous rating for Healthcare Realty Trust Inc (NYSE:HR) from Neutral to Buy. In the second quarter, Healthcare Realty Trust showed an EPS of $0.39, compared to $0.45 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.36 and a 52-week-low of $14.15. Healthcare Realty Trust closed at $14.34 at the end of the last trading period.
According to Citigroup, the prior rating for Editas Medicine Inc (NASDAQ:EDIT) was changed from Neutral to Buy. For the second quarter, Editas Medicine had an EPS of $0.56, compared to year-ago quarter EPS of $0.78. The stock has a 52-week-high of $14.22 and a 52-week-low of $6.08. At the end of the last trading period, Editas Medicine closed at $6.25.
Wolfe Research upgraded the previous rating for Silk Road Medical Inc (NASDAQ:SILK) from Underperform to Peer Perform. For the second quarter, Silk Road Medical had an EPS of $0.35, compared to year-ago quarter EPS of $0.45. At the moment, the stock has a 52-week-high of $58.04 and a 52-week-low of $6.24. Silk Road Medical closed at $6.30 at the end of the last trading period.
Baird upgraded the previous rating for Medpace Holdings Inc (NASDAQ:MEDP) from Neutral to Outperform. In the third quarter, Medpace Hldgs showed an EPS of $2.22, compared to $2.05 from the year-ago quarter. At the moment, the stock has a 52-week-high of $282.73 and a 52-week-low of $153.79. Medpace Hldgs closed at $227.52 at the end of the last trading period.
For Ingersoll Rand Inc (NYSE:IR), Stifel upgraded the previous rating of Hold to Buy. In the second quarter, Ingersoll Rand showed an EPS of $0.68, compared to $0.54 from the year-ago quarter. The current stock performance of Ingersoll Rand shows a 52-week-high of $70.65 and a 52-week-low of $45.19. Moreover, at the end of the last trading period, the closing price was at $59.31.
HSBC upgraded the previous rating for Ballard Power Systems Inc (NASDAQ:BLDP) from Hold to Buy. In the second quarter, Ballard Power Systems showed an EPS of $0.10, compared to $0.19 from the year-ago quarter. The stock has a 52-week-high of $7.10 and a 52-week-low of $3.17. At the end of the last trading period, Ballard Power Systems closed at $3.30.
Jefferies upgraded the previous rating for Golden Ocean Group Ltd (NASDAQ:GOGL) from Hold to Buy. In the second quarter, Golden Ocean Group showed an EPS of $0.17, compared to $0.81 from the year-ago quarter. The current stock performance of Golden Ocean Group shows a 52-week-high of $10.58 and a 52-week-low of $6.89. Moreover, at the end of the last trading period, the closing price was at $7.62.
According to DA Davidson, the prior rating for Braze Inc (NASDAQ:BRZE) was changed from Neutral to Buy. Braze earned $0.04 in the second quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $50.13 and a 52-week-low of $22.62. At the end of the last trading period, Braze closed at $42.62.
Piper Sandler upgraded the previous rating for American Express Co (NYSE:AXP) from Underweight to Neutral. American Express earned $3.30 in the third quarter, compared to $2.47 in the year-ago quarter. The current stock performance of American Express shows a 52-week-high of $182.15 and a 52-week-low of $132.24. Moreover, at the end of the last trading period, the closing price was at $144.59.
See all analyst ratings upgrades.
Downgrades
For Hess Corp (NYSE:HES), Wells Fargo downgraded the previous rating of Overweight to Equal-Weight. In the second quarter, Hess showed an EPS of $0.65, compared to ...Full story available on Benzinga.com
