December 7, 2018

Notable Analyst Upgrades and Downgrades for Week of December 3, 2018



Upgrades:


Broadcom (NASDAQ:AVGO) was upgraded by investment analysts at B. Riley from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, Marketbeat.com reports. The firm presently has a $300.00 price objective on the semiconductor manufacturer’s stock, up from their prior price objective of $250.00. B. Riley’s price target points to a potential upside of 29.29% from the stock’s previous close. Other research analysts also recently issued research reports about the stock. Canaccord Genuity reiterated a “buy” rating and set a $335.00 price target (up previously from $300.00) on shares of Broadcom in a research report on Friday, September 7th. BidaskClub upgraded shares of Broadcom from a “hold” rating to a “buy” rating in a research report on Friday, September 21st. Barclays started coverage on shares of Broadcom in a research report on Tuesday, August 7th. They set an “overweight” rating and a $265.00 target price on the stock. Sanford C. Bernstein set a $310.00 target price on shares of Broadcom and gave the company a “buy” rating in a research report on Friday, September 7th. Finally, Zacks Investment Research upgraded shares of Broadcom from a “hold” rating to a “buy” rating and set a $260.00 target price on the stock in a research report on Tuesday, September 11th. Nine investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. Broadcom currently has an average rating of “Buy” and a consensus target price of $278.86. Read more …

Caterpillar (NYSE:CAT) was upgraded by investment analysts at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, MarketBeat.com reports. The brokerage presently has a $163.00 target price on the industrial products company’s stock, up from their previous target price of $140.00. Bank of America’s price objective would suggest a potential upside of 26.04% from the company’s current price. CAT has been the topic of several other reports. Cleveland Research reaffirmed a “hold” rating on shares of Caterpillar in a research report on Friday, October 19th. Citigroup raised Caterpillar to an “outperform” rating in a research report on Friday, September 21st. Morgan Stanley set a $169.00 price target on Caterpillar and gave the stock a “buy” rating in a research report on Wednesday, October 24th. Deutsche Bank set a $177.00 price target on Caterpillar and gave the stock a “buy” rating in a research report on Wednesday, September 5th. Finally, ValuEngine downgraded Caterpillar from a “hold” rating to a “sell” rating in a research report on Thursday, October 18th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. Caterpillar presently has an average rating of “Buy” and a consensus target price of $158.90. Read more …

Stanley Black & Decker (NYSE:SWK) was upgraded by research analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a research note issued on Monday, MarketBeat reports. The firm presently has a $154.00 price objective on the industrial products company’s stock. Robert W. Baird’s price target points to a potential upside of 21.88% from the stock’s previous close. Other analysts have also recently issued reports about the company. Morgan Stanley started coverage on Stanley Black & Decker in a report on Monday, August 20th. They issued an “overweight” rating and a $164.00 target price on the stock. Gabelli upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a report on Monday, October 22nd. Macquarie reduced their target price on Stanley Black & Decker from $180.00 to $175.00 and set an “outperform” rating on the stock in a report on Thursday, September 6th. Zacks Investment Research cut Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Monday, October 15th. Finally, ValuEngine upgraded Stanley Black & Decker from a “sell” rating to a “hold” rating in a report on Friday, November 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $163.29. Read more …

JPMorgan Chase & Co. upgraded shares of AT&T (NYSE:T) from a neutral rating to an overweight rating in a research note released on Monday morning, Marketbeat reports. The firm currently has $38.00 price target on the technology company’s stock. A number of other research analysts have also commented on the stock. ValuEngine raised shares of AT&T from a strong sell rating to a sell rating in a research report on Wednesday, September 12th. Zacks Investment Research lowered shares of AT&T from a strong-buy rating to a hold rating in a research report on Tuesday, September 25th. Wells Fargo & Co lowered shares of AT&T from an outperform rating to a market perform rating and set a $40.00 price objective for the company. in a research report on Wednesday, August 22nd. Bank of America set a $37.00 price objective on shares of AT&T and gave the company a buy rating in a research report on Tuesday, October 23rd. Finally, Argus reaffirmed a buy rating and set a $48.00 price objective on shares of AT&T in a research report on Friday, October 26th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. AT&T currently has an average rating of Hold and an average target price of $36.42. Read more …


Bank of America upgraded shares of Helmerich & Payne (NYSE:HP) from an underperform rating to a neutral rating in a report issued on Monday morning, MarketBeat reports. They currently have $64.00 target price on the oil and gas company’s stock, down from their prior target price of $71.00. HP has been the subject of a number of other reports. Zacks Investment Research lowered shares of Helmerich & Payne from a buy rating to a hold rating in a research report on Thursday, November 15th. Capital One Financial upgraded shares of Helmerich & Payne from an equal weight rating to an overweight rating in a research report on Friday, October 5th. Royal Bank of Canada upgraded shares of Helmerich & Payne from a sector perform rating to an outperform rating and set a $90.00 price target for the company in a research report on Thursday, September 20th. BMO Capital Markets upgraded shares of Helmerich & Payne from an underperform rating to a market perform rating and set a $68.00 price target for the company in a research report on Monday, October 29th. Finally, B. Riley upgraded shares of Helmerich & Payne from a neutral rating to a buy rating and boosted their price target for the company from $68.00 to $83.00 in a research report on Monday, September 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of $72.56. Read more …

Deutsche Bank upgraded shares of Sherwin-Williams (NYSE:SHW) from a hold rating to a buy rating in a research report released on Tuesday, MarketBeat.com reports. The brokerage currently has $465.00 price objective on the specialty chemicals company’s stock, up from their previous price objective of $400.00. A number of other equities analysts have also weighed in on the company. Gabelli started coverage on Sherwin-Williams in a research note on Friday, September 21st. They issued a buy rating and a $553.00 target price on the stock. Seaport Global Securities lowered Sherwin-Williams from a buy rating to a neutral rating in a research note on Monday, September 17th. They noted that the move was a valuation call. Credit Suisse Group set a $500.00 target price on Sherwin-Williams and gave the stock a buy rating in a research note on Monday, October 15th. Citigroup lowered Sherwin-Williams from a buy rating to a neutral rating and decreased their target price for the stock from $492.00 to $435.00 in a research note on Wednesday, October 10th. Finally, ValuEngine lowered Sherwin-Williams from a buy rating to a hold rating in a research note on Wednesday, October 3rd. Ten analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $469.65. Read more …

Goldman Sachs Group upgraded shares of Waste Management (NYSE:WM) from a sell rating to a buy rating in a report issued on Tuesday, MarketBeat reports. The brokerage currently has $107.00 target price on the business services provider’s stock, up from their previous target price of $84.00. Other equities research analysts have also issued research reports about the stock. Oppenheimer reissued a buy rating and issued a $95.00 price objective on shares of Waste Management in a research report on Thursday, October 25th. Zacks Investment Research raised shares of Waste Management from a hold rating to a buy rating and set a $101.00 price objective for the company in a research report on Friday, October 19th. ValuEngine raised shares of Waste Management from a hold rating to a buy rating in a research report on Tuesday, September 18th. Raymond James reissued a buy rating on shares of Waste Management in a research report on Monday, October 29th. Finally, UBS Group set a $90.00 price objective on shares of Waste Management and gave the stock a hold rating in a research report on Friday, October 26th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $98.14. Read more …

Robert W. Baird upgraded shares of American Water Works (NYSE:AWK) from a neutral rating to an outperform rating in a research note issued to investors on Thursday, Marketbeat reports. Robert W. Baird currently has $103.00 price objective on the utilities provider’s stock. Several other analysts have also issued reports on the stock. ValuEngine upgraded shares of American Water Works from a hold rating to a buy rating in a research report on Monday, September 17th. Zacks Investment Research upgraded shares of American Water Works from a hold rating to a buy rating and set a $103.00 price target on the stock in a research report on Monday, November 26th. Finally, Evercore ISI started coverage on shares of American Water Works in a research report on Monday, September 17th. They issued an outperform rating and a $96.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $92.42. Read more …

Bristol-Myers Squibb (NYSE:BMY) was upgraded by investment analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued on Thursday, The Fly reports. A number of other analysts have also recently weighed in on BMY. Societe Generale set a $47.00 price objective on shares of Bristol-Myers Squibb and gave the stock a “sell” rating in a research note on Wednesday, November 14th. William Blair restated an “outperform” rating on shares of Bristol-Myers Squibb in a research note on Tuesday, November 27th. Morgan Stanley reduced their price objective on shares of Bristol-Myers Squibb from $63.00 to $59.00 and set a “hold” rating for the company in a research note on Tuesday, November 6th. Credit Suisse Group set a $61.00 price objective on shares of Bristol-Myers Squibb and gave the stock a “hold” rating in a research note on Sunday, October 14th. Finally, Barclays boosted their price objective on shares of Bristol-Myers Squibb from $55.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Friday, October 12th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. Bristol-Myers Squibb presently has an average rating of “Hold” and an average target price of $61.73. Read more …

PNC Financial Services Group Inc. cut its holdings in Aqua America Inc (NYSE:WTR) by 1.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 253,374 shares of the utilities provider’s stock after selling 4,440 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.14% of Aqua America worth $9,351,000 at the end of the most recent reporting period. A number of other large investors have also added to or reduced their stakes in the stock. City Holding Co. bought a new stake in shares of Aqua America during the 2nd quarter valued at $136,000. Arlington Partners LLC purchased a new position in shares of Aqua America in the 3rd quarter worth about $138,000. Envestnet Asset Management Inc. boosted its holdings in shares of Aqua America by 70.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,295 shares of the utilities provider’s stock worth $151,000 after purchasing an additional 1,780 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in shares of Aqua America in the 3rd quarter worth about $179,000. Finally, Headinvest LLC purchased a new position in shares of Aqua America in the 2nd quarter worth about $201,000. 54.68% of the stock is currently owned by institutional investors and hedge funds. Read more …

Southwest Airlines (NYSE:LUV) was upgraded by investment analysts at Wolfe Research from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Friday, The Fly reports. Several other analysts have also recently issued reports on LUV. Zacks Investment Research cut Southwest Airlines from a “buy” rating to a “hold” rating in a report on Thursday, October 11th. Imperial Capital reaffirmed an “in-line” rating and set a $62.00 price objective (up from $56.00) on shares of Southwest Airlines in a report on Tuesday. Citigroup upped their price objective on Southwest Airlines from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Thursday, November 29th. Morgan Stanley decreased their price objective on Southwest Airlines from $68.00 to $64.00 and set an “overweight” rating on the stock in a report on Wednesday, November 14th. Finally, Susquehanna Bancshares assumed coverage on Southwest Airlines in a report on Wednesday, November 28th. They set a “neutral” rating and a $56.00 price objective on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $65.38. Read more …


Downgrades:


Apple (NASDAQ:AAPL) was downgraded by analysts at HSBC from a “buy” rating to a “hold” rating in a note issued to investors on Monday, Marketbeat Ratings reports. They presently have a $200.00 price target on the iPhone maker’s stock, down from their previous price target of $205.00. HSBC’s price target would suggest a potential upside of 13.19% from the company’s previous close. Several other analysts also recently weighed in on AAPL. BidaskClub downgraded Apple from a “hold” rating to a “sell” rating in a research note on Wednesday, November 28th. ValuEngine downgraded Apple from a “buy” rating to a “hold” rating in a research note on Wednesday, November 21st. UBS Group restated a “buy” rating and set a $225.00 target price on shares of Apple in a research note on Tuesday, November 27th. Bank of America restated a “neutral” rating and set a $220.00 target price on shares of Apple in a research note on Wednesday, November 21st. Finally, Rosenblatt Securities set a $200.00 target price on Apple and gave the company a “hold” rating in a research note on Wednesday, November 21st. Four research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and twenty-four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $220.55. Read more …

Costco Wholesale (NASDAQ:COST) was downgraded by Citigroup from a “buy” rating to a “neutral” rating in a research note issued on Monday, MarketBeat reports. They presently have a $238.00 target price on the retailer’s stock, down from their previous target price of $257.00. Citigroup’s price target points to a potential upside of 5.15% from the stock’s previous close. A number of other brokerages have also recently commented on COST. Oppenheimer upped their target price on shares of Costco Wholesale from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Tuesday, August 21st. Zacks Investment Research raised shares of Costco Wholesale from a “hold” rating to a “buy” rating and set a $270.00 target price for the company in a report on Tuesday, September 11th. Royal Bank of Canada reduced their target price on shares of Costco Wholesale from $255.00 to $253.00 and set an “outperform” rating for the company in a report on Friday, October 5th. Argus reaffirmed a “buy” rating and issued a $255.00 target price on shares of Costco Wholesale in a report on Thursday, October 11th. Finally, Barclays cut shares of Costco Wholesale from an “overweight” rating to an “equal weight” rating and set a $240.00 target price for the company. in a report on Monday, September 17th. Nine equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $237.08. Read more …

Verizon Communications (NYSE:VZ) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Monday, Marketbeat Ratings reports. They presently have a $62.00 price objective on the cell phone carrier’s stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 6.73% from the stock’s previous close. Other research analysts have also recently issued reports about the stock. Scotiabank set a $62.00 target price on shares of Verizon Communications and gave the stock a “buy” rating in a report on Wednesday, October 24th. Zacks Investment Research cut shares of Verizon Communications from a “buy” rating to a “hold” rating in a report on Monday, October 1st. ValuEngine cut shares of Verizon Communications from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. Bank of America restated a “buy” rating and set a $58.00 price target on shares of Verizon Communications in a report on Monday, October 22nd. Finally, Moffett Nathanson restated a “neutral” rating and set a $56.00 price target on shares of Verizon Communications in a report on Tuesday, September 4th. Eight research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $56.22. Read more …

Wells Fargo & Co cut shares of Invesco (NYSE:IVZ) from an outperform rating to a market perform rating in a research report sent to investors on Tuesday morning, MarketBeat.com reports. Wells Fargo & Co currently has $22.00 price objective on the asset manager’s stock, down from their prior price objective of $27.00. IVZ has been the topic of a number of other reports. JPMorgan Chase & Co. set a $29.00 target price on shares of Invesco and gave the stock a buy rating in a research report on Monday, September 24th. Deutsche Bank reduced their target price on shares of Invesco from $31.00 to $30.00 and set a buy rating on the stock in a research report on Thursday, August 16th. Barclays reduced their target price on shares of Invesco from $29.00 to $25.00 and set an overweight rating on the stock in a research report on Friday, October 19th. Zacks Investment Research raised shares of Invesco from a sell rating to a hold rating in a report on Tuesday, October 16th. Finally, Royal Bank of Canada reissued a buy rating and set a $30.00 price objective on shares of Invesco in a report on Friday, October 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $28.91. Read more …

Autoliv (NYSE:ALV) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a note issued to investors on Thursday, The Fly reports. They currently have a $100.00 price objective on the auto parts company’s stock. Morgan Stanley’s price target suggests a potential upside of 22.46% from the company’s current price. Other equities research analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Autoliv from a “hold” rating to a “buy” rating and set a $102.00 target price on the stock in a research report on Tuesday, August 28th. Longbow Research reiterated a “buy” rating and set a $120.00 target price on shares of Autoliv in a research report on Friday, August 24th. Buckingham Research cut their target price on shares of Autoliv from $130.00 to $80.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 3rd. Citigroup cut their target price on shares of Autoliv from $104.00 to $100.00 and set a “neutral” rating on the stock in a research report on Thursday, August 9th. Finally, BMO Capital Markets reiterated a “buy” rating and set a $114.00 target price on shares of Autoliv in a research report on Wednesday, August 29th. Four analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and four have given a buy rating to the company. Autoliv has a consensus rating of “Hold” and a consensus target price of $108.00. Read more …

JPMorgan Chase & Co. lowered shares of BHP Billiton (NYSE:BHP) from an overweight rating to a neutral rating in a research report sent to investors on Thursday, Marketbeat Ratings reports. Several other equities analysts have also issued reports on the company. Zacks Investment Research raised BHP Billiton from a hold rating to a buy rating and set a $52.00 price objective on the stock in a report on Thursday, November 22nd. ValuEngine raised BHP Billiton from a sell rating to a hold rating in a report on Friday, September 14th. Finally, Deutsche Bank lowered BHP Billiton from a buy rating to a hold rating in a report on Monday, September 10th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $48.00. Read more …

Devon Energy (NYSE:DVN) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Friday, The Fly reports. They presently have a $37.00 target price on the energy company’s stock, down from their previous target price of $40.00. JPMorgan Chase & Co.’s price objective points to a potential upside of 29.14% from the company’s previous close. Several other equities analysts have also commented on DVN. Piper Jaffray Companies upgraded shares of Devon Energy from a “neutral” rating to an “overweight” rating in a report on Thursday, September 27th. Johnson Rice upgraded shares of Devon Energy from an “accumulate” rating to a “buy” rating in a report on Wednesday, August 15th. TheStreet lowered shares of Devon Energy from a “c-” rating to a “d+” rating in a report on Friday, November 2nd. Morgan Stanley decreased their price objective on shares of Devon Energy from $45.00 to $44.00 and set a “hold” rating on the stock in a report on Wednesday, September 26th. Finally, Capital One Financial upgraded shares of Devon Energy from an “equal weight” rating to an “overweight” rating in a report on Wednesday, October 24th. They noted that the move was a valuation call. Ten research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $47.22. Read more …

American Airlines Group (NASDAQ:AAL) was downgraded by analysts at Wolfe Research from an “outperform” rating to a “market perform” rating in a research note issued on Friday, The Fly reports. Several other research analysts have also commented on AAL. Zacks Investment Research reissued a “hold” rating on shares of American Airlines Group in a research report on Monday, November 12th. Imperial Capital cut their price objective on American Airlines Group from $56.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 10th. They noted that the move was a valuation call. ValuEngine raised American Airlines Group from a “sell” rating to a “hold” rating in a research report on Saturday, December 1st. BidaskClub lowered American Airlines Group from a “hold” rating to a “sell” rating in a research report on Thursday, October 4th. Finally, Credit Suisse Group began coverage on American Airlines Group in a research report on Monday, November 19th. They issued a “neutral” rating and a $41.00 price objective on the stock. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $50.53. Read more …


In case you interested of stock analysis of other bloggers, click on link below:


Analysis Collection

No comments:

Post a Comment