Monsanto Co. (NYSE:MON) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Wednesday.
A number of other research analysts have also weighed in on MON. TheStreet raised Monsanto to a “buy” rating in a report on Thursday, May 26th. Deutsche Bank AG reaffirmed a “buy” rating and set a $100.00 target price on shares of Monsanto in a report on Wednesday, June 1st. Vetr lowered Monsanto from a “strong-buy” rating to a “buy” rating and set a $117.33 target price for the company. in a report on Monday, May 30th. Sanford C. Bernstein reaffirmed a “sell” rating on shares of Monsanto in a report on Sunday, May 29th. Finally, S&P Equity Research reaffirmed a “positive” rating on shares of Monsanto in a report on Thursday, September 15th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $111.12.
Source: American Banking and Market News