Notable Analyst Upgrades and Downgrades for Week of October 23, 2017



Upgrades:



Wells Fargo & Company upgraded shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) from a market perform rating to an outperform rating in a report published on Monday, MarketBeat.com reports. Other equities research analysts have also recently issued research reports about the stock. BMO Capital Markets restated a buy rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a report on Wednesday, July 12th. Jefferies Group LLC restated a buy rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a report on Thursday, July 6th. Macquarie assumed coverage on shares of Dr Pepper Snapple Group in a report on Friday, September 15th. Read more …

Bank of America Corporation upgraded shares of General Electric Company (NYSE:GE) from a neutral rating to a buy rating in a report published on Monday morning, MarketBeat Ratings reports. Bank of America Corporation currently has $27.00 target price on the conglomerate’s stock. Several other research analysts have also recently weighed in on GE. Deutsche Bank AG set a $21.00 price objective on General Electric and gave the stock a sell rating in a research report on Monday. Cowen and Company reissued a hold rating and issued a $24.00 price objective on shares of General Electric in a research report on Friday, October 20th. Read more …

Hasbro, Inc. (NASDAQ:HAS) stock had its “equal weight” rating restated by analysts at Barclays PLC in a research note issued to investors on Wednesday. Several other equities analysts also recently weighed in on the stock. BidaskClub downgraded shares of Hasbro from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 30th. Stifel Nicolaus restated a “hold” rating and issued a $107.00 price objective (up from $100.00) on shares of Hasbro in a research report on Thursday, July 13th. Zacks Investment Research upgraded shares of Hasbro from a “hold” rating to a “buy” rating and set a $125.00 target price for the company in a research report on Friday, July 14th. Read more …

Goldman Sachs Group, Inc. (The) upgraded shares of 3M Company (NYSE:MMM) from a sell rating to a neutral rating in a research report released on Wednesday morning. Goldman Sachs Group, Inc. (The) currently has $229.00 price objective on the conglomerate’s stock, up from their prior price objective of $194.00. MMM has been the subject of a number of other reports. Zacks Investment Research lowered 3M from a hold rating to a sell rating in a research report on Tuesday, October 3rd. Bank of America Corporation restated a buy rating and issued a $227.00 price target on shares of 3M in a research report on Thursday, September 14th. Credit Suisse Group restated an outperform rating and issued a $237.00 price target (up from $229.00) on shares of 3M in a research report on Wednesday, October 11th. Read more …

Intel Corporation (NASDAQ:INTC) was upgraded by equities researchers at Bank of America Corporation from a “neutral” rating to a “buy” rating in a note issued to investors on Friday. Other equities analysts have also recently issued reports about the company. Needham & Company LLC reiterated a “buy” rating and issued a $43.00 price target on shares of Intel Corporation in a research report on Friday. Stifel Nicolaus lifted their price target on Intel Corporation from $41.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, October 20th. Goldman Sachs Group, Inc. (The) reiterated a “hold” rating on shares of Intel Corporation in a research report on Wednesday, October 18th. Read more …


Downgrades:


General Electric Company (NYSE:GE) was downgraded by research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report released on Monday, MarketBeat reports. They currently have a $22.00 price objective on the conglomerate’s stock. Morgan Stanley’s price objective indicates a potential downside of 7.68% from the stock’s previous close. Other research analysts have also issued research reports about the company. UBS AG lowered General Electric from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $31.00 to $24.00 in a research report on Monday. Deutsche Bank AG set a $21.00 price target on General Electric and gave the stock a “sell” rating in a research report on Monday. Read more …

Whirlpool Corporation (NYSE:WHR) was downgraded by equities research analysts at Bank of America Corporation from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. They currently have a $183.00 price target on the stock. Bank of America Corporation’s price target indicates a potential upside of 0.27% from the company’s current price. Read more …

Royal Bank Of Canada lowered shares of Whirlpool Corporation (NYSE:WHR) from a top pick rating to a sector perform rating in a research report report published on Tuesday morning. They currently have $184.00 price target on the stock, down from their previous price target of $209.00. Other research analysts also recently issued reports about the company. Bank of America Corporation downgraded Whirlpool Corporation from a buy rating to a neutral rating and set a $183.00 price objective for the company. in a report on Tuesday. Zacks Investment Research upgraded Whirlpool Corporation from a sell rating to a hold rating in a report on Thursday, October 5th. Read more …

Wells Fargo & Company lowered shares of Hanesbrands Inc. (NYSE:HBI) from an outperform rating to a market perform rating in a report published on Wednesday. The brokerage currently has $23.00 price objective on the textile maker’s stock. Other analysts have also recently issued reports about the company. ValuEngine raised Hanesbrands from a hold rating to a buy rating in a research report on Thursday, July 6th. BidaskClub upgraded shares of Hanesbrands from a hold rating to a buy rating in a report on Wednesday, July 5th. Credit Suisse Group set a $28.00 price objective on shares of Hanesbrands and gave the stock a buy rating in a report on Thursday, July 27th. Buckingham Research restated a buy rating and issued a $30.00 price objective on shares of Hanesbrands in a report on Monday, July 17th. Read more …

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) was downgraded by investment analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating in a research note issued on Wednesday. Several other analysts also recently issued reports on CM. Macquarie began coverage on Canadian Imperial Bank of Commerce in a research report on Tuesday. They issued an “underperform” rating and a $89.00 price objective on the stock. BidaskClub upgraded Canadian Imperial Bank of Commerce from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Canaccord Genuity began coverage on Canadian Imperial Bank of Commerce in a research report on Tuesday, July 18th. They issued a “buy” rating on the stock. Read more …

Morgan Stanley lowered shares of General Motors Company (NYSE:GM) (TSE:GMM.U) from an overweight rating to an equal weight rating in a report issued on Wednesday morning. Morgan Stanley currently has $43.00 price objective on the auto manufacturer’s stock, down from their previous price objective of $46.48. Several other analysts have also recently commented on the stock. BidaskClub upgraded shares of General Motors from a buy rating to a strong-buy rating in a research note on Wednesday, July 19th. ValuEngine upgraded shares of General Motors from a buy rating to a strong-buy rating in a research note on Friday, July 28th. Piper Jaffray Companies reiterated a buy rating and issued a $44.00 price target on shares of General Motors in a research note on Tuesday, September 12th. Read more …

Novartis AG (NYSE:NVS) was downgraded by Barclays PLC from an “equal weight” rating to an “underweight” rating in a research report issued on Wednesday. Several other analysts have also recently issued reports on NVS. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Novartis AG in a report on Tuesday, September 5th. Leerink Swann upped their price target on shares of Novartis AG from $89.00 to $91.00 and gave the company a “market perform” rating in a report on Monday. BidaskClub raised shares of Novartis AG from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. Cowen and Company reaffirmed a “hold” rating on shares of Novartis AG in a report on Tuesday, July 18th. Read more …

GlaxoSmithKline PLC (NYSE:GSK) was downgraded by equities researchers at Bank of America Corporation from a “buy” rating to a “neutral” rating in a report issued on Thursday. GSK has been the subject of several other reports. Morgan Stanley lowered shares of GlaxoSmithKline PLC from an “equal weight” rating to an “underweight” rating in a research report on Friday, September 8th. Zacks Investment Research upgraded shares of GlaxoSmithKline PLC from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research report on Wednesday, October 18th. BidaskClub upgraded shares of GlaxoSmithKline PLC from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Read more …



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