May 5, 2018

Notable Analyst Upgrades and Downgrades for Week of April 30, 2018



Upgrades:


Delta Air Lines (NYSE:DAL) was upgraded by research analysts at JPMorgan Chase to a “buy” rating in a research note issued to investors on Monday. Other analysts also recently issued research reports about the stock. Stephens reiterated a “buy” rating and issued a $72.00 target price on shares of Delta Air Lines in a report on Wednesday, January 10th. Stifel Nicolaus reiterated a “buy” rating and issued a $85.00 target price (up previously from $75.00) on shares of Delta Air Lines in a report on Wednesday, January 10th. Zacks Investment Research upgraded shares of Delta Air Lines from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a report on Thursday, February 8th. Imperial Capital reiterated an “outperform” rating and issued a $65.00 target price (up previously from $63.00) on shares of Delta Air Lines in a report on Friday, January 12th. Finally, Sanford C. Bernstein set a $67.00 target price on shares of Delta Air Lines and gave the company a “buy” rating in a report on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Delta Air Lines has an average rating of “Buy” and a consensus target price of $68.05. Read more …

Altria (NYSE:MO) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research report issued on Monday, MarketBeat.com reports. The analysts noted that the move was a valuation call. Several other equities research analysts have also issued reports on the company. Jefferies Group raised Altria from a “hold” rating to a “buy” rating and dropped their price objective for the company from $70.04 to $70.00 in a research note on Friday, January 19th. Zacks Investment Research raised Altria from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research note on Tuesday, February 6th. Vetr raised Altria from a “hold” rating to a “buy” rating and set a $71.45 price objective for the company in a research note on Monday, February 5th. Argus reaffirmed a “buy” rating and set a $79.00 price target (up previously from $66.13) on shares of Altria in a research note on Wednesday, March 14th. Finally, Deutsche Bank began coverage on Altria in a research note on Monday, March 26th. They set a “buy” rating and a $72.00 price target for the company. Two research analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Altria has an average rating of “Buy” and a consensus price target of $73.42. Read more …

Telus (NYSE:TU) (TSE:T) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a note issued to investors on Monday. The brokerage presently has a $51.00 price target on the Wireless communications provider’s stock. Morgan Stanley’s price target would indicate a potential upside of 41.67% from the company’s previous close. A number of other equities research analysts have also issued reports on the company. ValuEngine lowered Telus from a “buy” rating to a “hold” rating in a research note on Thursday, April 19th. Zacks Investment Research lowered Telus from a “hold” rating to a “sell” rating in a research note on Thursday, April 12th. Finally, TD Securities raised Telus from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $45.14. Read more …


BMO Capital Markets upgraded shares of Ventas (NYSE:VTR) from an underperform rating to a market perform rating in a report issued on Monday, Marketbeat Ratings reports. The brokerage currently has $55.00 price target on the real estate investment trust’s stock. The analysts noted that the move was a valuation call. Several other research firms have also issued reports on VTR. Stifel Nicolaus set a $56.00 price objective on Ventas and gave the company a hold rating in a research note on Friday, February 9th. KeyCorp lowered their price objective on Ventas from $50.00 to $43.00 and set an underweight rating for the company in a research note on Monday, April 16th. TheStreet lowered Ventas from a b- rating to a c+ rating in a research note on Thursday, March 8th. ValuEngine raised Ventas from a hold rating to a buy rating in a research note on Friday, January 5th. Finally, Zacks Investment Research raised Ventas from a sell rating to a hold rating in a research note on Monday, April 16th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $57.69. Read more …


Macquarie upgraded shares of Wells Fargo (NYSE:WFC) from an underperform rating to an outperform rating in a research note released on Monday, Marketbeat reports. Other equities research analysts have also recently issued research reports about the company. Vetr upgraded Wells Fargo from a sell rating to a hold rating and set a $54.78 price target on the stock in a research note on Monday, February 12th. UBS set a $63.00 price objective on Wells Fargo and gave the company a hold rating in a report on Monday, February 5th. Keefe, Bruyette & Woods lowered Wells Fargo from an outperform rating to a market perform rating and set a $63.00 price objective on the stock. in a report on Sunday, February 4th. BMO Capital Markets reaffirmed a hold rating and issued a $60.00 price objective on shares of Wells Fargo in a report on Monday, February 5th. Finally, Zacks Investment Research lowered Wells Fargo from a buy rating to a hold rating in a report on Tuesday, February 13th. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of $61.67. Read more …

McDonald's (NYSE:MCD) was upgraded by research analysts at Royal Bank of Canada to an “outperform” rating in a research note issued on Tuesday, The Fly reports. The firm currently has a $175.00 price target on the fast-food giant’s stock. Royal Bank of Canada’s price target points to a potential upside of 7.07% from the company’s current price. Other research analysts also recently issued reports about the company. JPMorgan Chase set a $184.00 price target on McDonald's and gave the company a “buy” rating in a report on Wednesday, January 31st. Stifel Nicolaus upped their price objective on McDonald's from $165.00 to $168.00 and gave the stock a “hold” rating in a report on Tuesday. BMO Capital Markets upped their price objective on McDonald's from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Tuesday. Nomura restated a “buy” rating and set a $198.00 price objective (up from $190.00) on shares of McDonald's in a report on Tuesday, January 23rd. Finally, Credit Suisse Group set a $191.00 price objective on McDonald's and gave the stock a “buy” rating in a report on Tuesday, January 30th. Eight equities research analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $183.90. Read more …

Eaton Vance (NYSE:EV) was upgraded by equities research analysts at Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports. Other equities analysts also recently issued reports about the company. Zacks Investment Research downgraded Eaton Vance from a “hold” rating to a “sell” rating in a research note on Wednesday. Deutsche Bank dropped their price target on Eaton Vance from $62.00 to $61.00 and set a “buy” rating for the company in a research report on Tuesday, March 6th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $59.00 price target on shares of Eaton Vance in a research report on Wednesday, April 11th. ValuEngine downgraded Eaton Vance from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, JPMorgan Chase set a $58.00 price target on Eaton Vance and gave the stock a “hold” rating in a research report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $56.31. Read more …

John Deere (NYSE:DE) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a report released on Thursday, The Fly reports. Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus reaffirmed a “buy” rating and set a $184.00 price target (up previously from $161.00) on shares of John Deere in a research note on Wednesday, January 17th. Citigroup raised their price target on shares of John Deere from $165.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, January 16th. Robert W. Baird reaffirmed a “buy” rating and set a $185.00 price target on shares of John Deere in a research note on Friday, January 12th. ValuEngine raised shares of John Deere from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Vetr downgraded shares of John Deere from a “strong-buy” rating to a “buy” rating and set a $168.58 price target for the company. in a research note on Tuesday, February 13th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $173.72. Read more …

3M (NYSE:MMM) was upgraded by investment analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research report issued on Thursday, The Fly reports. The analysts noted that the move was a valuation call. Other research analysts have also recently issued research reports about the stock. Vetr upgraded shares of 3M from a “hold” rating to a “buy” rating and set a $250.06 price objective for the company in a research report on Monday, February 5th. Zacks Investment Research upgraded shares of 3M from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Tuesday, January 30th. Hilliard Lyons upgraded shares of 3M from a “neutral” rating to a “buy” rating and set a $285.00 price objective for the company in a research report on Wednesday, January 24th. Citigroup boosted their price objective on shares of 3M from $268.00 to $278.00 and gave the stock a “buy” rating in a research report on Tuesday, January 16th. Finally, Deutsche Bank upgraded shares of 3M from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $240.00 to $275.00 in a research report on Tuesday, February 13th. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $245.15. Read more …

Yum! Brands (NYSE:YUM) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday. YUM has been the topic of several other reports. Morgan Stanley increased their target price on shares of Yum! Brands from $91.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Monday, March 26th. Zacks Investment Research upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research note on Sunday, January 21st. Barclays reiterated an “equal weight” rating and issued a $84.00 target price (up from $79.00) on shares of Yum! Brands in a research note on Tuesday, January 16th. Stifel Nicolaus increased their target price on shares of Yum! Brands from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Wednesday, April 18th. Finally, Mizuho set a $82.00 target price on shares of Yum! Brands and gave the stock a “hold” rating in a research note on Wednesday, April 4th. Twelve investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Yum! Brands currently has an average rating of “Buy” and a consensus target price of $83.91. Read more …

Diageo (NYSE:DEO) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, The Fly reports. DEO has been the subject of several other reports. Zacks Investment Research downgraded Diageo from a “buy” rating to a “hold” rating in a research report on Friday, January 19th. Royal Bank of Canada cut Diageo from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 29th. They noted that the move was a valuation call. Macquarie upgraded Diageo from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 7th. BNP Paribas cut Diageo from an “outperform” rating to a “neutral” rating in a research note on Monday, January 29th. Finally, Natixis cut Diageo from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $153.00. Read more …


Downgrades:


Morgan Stanley cut shares of Colgate-Palmolive (NYSE:CL) from an overweight rating to an equal weight rating in a report released on Monday, Marketbeat reports. Other analysts have also issued reports about the company. Citigroup raised their price objective on Colgate-Palmolive from $75.00 to $80.00 and gave the company a neutral rating in a report on Tuesday, January 30th. Barclays set a $75.00 price objective on Colgate-Palmolive and gave the company a hold rating in a report on Thursday, March 15th. BNP Paribas lowered Colgate-Palmolive from an outperform rating to an underperform rating in a report on Tuesday, January 30th. Jefferies Group reissued a hold rating and issued a $79.00 price objective on shares of Colgate-Palmolive in a report on Friday, January 26th. Finally, Zacks Investment Research lowered Colgate-Palmolive from a buy rating to a hold rating in a research note on Monday, January 15th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $76.74. Read more …

Cummins (NYSE:CMI) was downgraded by equities research analysts at Wells Fargo from an “outperform” rating to a “market perform” rating in a research note issued on Tuesday. CMI has been the topic of a number of other reports. Bank of America raised shares of Cummins from a “neutral” rating to a “buy” rating and set a $215.00 price target on the stock in a research report on Friday, January 19th. Zacks Investment Research cut shares of Cummins from a “buy” rating to a “hold” rating in a research report on Tuesday, April 24th. Morgan Stanley started coverage on shares of Cummins in a research report on Friday, March 2nd. They set an “equal weight” rating and a $173.00 price target on the stock. JPMorgan Chase reduced their price target on shares of Cummins from $176.00 to $164.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 10th. Finally, Deutsche Bank raised shares of Cummins from a “sell” rating to a “hold” rating and set a $147.00 price target on the stock in a research report on Monday, March 19th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $181.80. Read more …

Fortis (NYSE:FTS) was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating in a report released on Tuesday, The Fly reports. Several other brokerages also recently commented on FTS. Zacks Investment Research upgraded shares of Fortis from a “sell” rating to a “hold” rating and set a $39.00 target price for the company in a report on Monday, January 22nd. National Bank Financial downgraded shares of Fortis from a “sector perform” rating to an “underperform” rating in a report on Monday, January 29th. Raymond James upgraded shares of Fortis from a “market perform” rating to an “outperform” rating in a research report on Friday, February 9th. UBS upgraded shares of Fortis from a “market perform” rating to an “outperform” rating in a research report on Friday, February 9th. Finally, CIBC upgraded shares of Fortis from a “neutral” rating to a “sector outperform” rating in a research report on Thursday, February 15th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Fortis currently has an average rating of “Hold” and a consensus target price of $45.00. Read more …

The Hershey (NYSE:HSY) was downgraded by equities researchers at Argus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, The Fly reports. A number of other brokerages have also weighed in on HSY. Piper Jaffray initiated coverage on shares of The Hershey in a research report on Thursday, April 12th. They set a “neutral” rating and a $99.00 target price for the company. Barclays cut their target price on shares of The Hershey from $107.00 to $90.00 and set an “equal weight” rating for the company in a research report on Friday, April 27th. Susquehanna Bancshares cut their target price on shares of The Hershey from $110.00 to $103.00 and set a “neutral” rating for the company in a research report on Monday, April 23rd. ValuEngine lowered shares of The Hershey from a “hold” rating to a “sell” rating in a research report on Thursday, April 19th. Finally, Zacks Investment Research lowered shares of The Hershey from a “buy” rating to a “hold” rating in a research report on Thursday, March 29th. Seven analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $103.71. Read more …

Caterpillar (NYSE:CAT) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a report released on Thursday, The Fly reports. A number of other brokerages have also recently issued reports on CAT. Seaport Global Securities raised shares of Caterpillar from a “neutral” rating to a “buy” rating and upped their price objective for the company from $170.90 to $195.00 in a research note on Tuesday, January 23rd. Vetr raised shares of Caterpillar from a “sell” rating to a “hold” rating and set a $164.34 price objective for the company in a research note on Monday, January 22nd. Citigroup reaffirmed a “neutral” rating and issued a $185.00 price objective (up previously from $160.00) on shares of Caterpillar in a research note on Friday, January 19th. Barclays set a $180.00 price objective on shares of Caterpillar and gave the company an “overweight” rating in a research note on Wednesday, January 24th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $169.37 price objective (down previously from $210.00) on shares of Caterpillar in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $172.86. Read more …


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