Notable Analyst Upgrades and Downgrades for Week of August 28, 2017

Upgrades:

Sanofi (NYSE:SNY) was upgraded by research analysts at HSBC Holdings plc from a “reduce” rating to a “hold” rating in a research report issued on Wednesday, MarketBeat reports. A number of other equities research analysts also recently issued reports on SNY. BidaskClub downgraded shares of Sanofi from a “buy” rating to a “hold” rating in a research note on Friday, June 9th. Zacks Investment Research upgraded shares of Sanofi from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Friday, June 2nd. Read more …

Gilead Sciences, Inc. (NASDAQ:GILD) was upgraded by Argus from a “hold” rating to a “buy” rating in a research note issued on Thursday, The Fly reports. Several other equities research analysts have also weighed in on GILD. BMO Capital Markets reiterated a “hold” rating and issued a $76.00 price objective (up from $75.00) on shares of Gilead Sciences in a research note on Wednesday, May 3rd. Maxim Group reiterated a “hold” rating on shares of Gilead Sciences in a research note on Wednesday, May 3rd. Read more …

Canadian Western Bank (TSE:CWB) was upgraded by stock analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a note issued to investors on Friday. The brokerage presently has a C$35.00 price objective on the stock, up from their previous price objective of C$32.00. Royal Bank Of Canada’s price target would indicate a potential upside of 16.71% from the stock’s current price. Read more …

Downgrades:

Magna International, Inc. (NYSE:MGA) (TSE:MG) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Monday, The Fly reports. A number of other equities research analysts have also weighed in on MGA. TD Securities upgraded shares of Magna International from a “hold” rating to a “buy” rating and raised their price objective for the company from $50.00 to $55.00 in a report on Friday, May 12th. Royal Bank Of Canada raised their price objective on shares of Magna International from $57.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, May 12th. Read more …

Jefferies Group LLC cut shares of Nike, Inc. (NYSE:NKE) to a buy rating in a research note released on Tuesday. NKE has been the topic of several other research reports. Piper Jaffray Companies set a $50.00 price objective on Nike and gave the stock a hold rating in a report on Saturday, July 1st. BidaskClub raised Nike from a sell rating to a hold rating in a report on Wednesday, June 14th. Vetr lowered Nike from a buy rating to a hold rating and set a $54.16 price objective on the stock. in a report on Monday, June 5th. Read more …