Notable Analyst Upgrades and Downgrades for Week of January 15, 2018



Upgrades


Robert W. Baird upgraded shares of Digital Realty Trust (NYSE:DLR) from a neutral rating to an outperform rating in a research report released on Tuesday. The firm currently has $124.00 target price on the real estate investment trust’s stock. Several other brokerages have also issued reports on DLR. ValuEngine raised Digital Realty Trust from a hold rating to a buy rating in a research report on Sunday, December 31st. Wells Fargo & Co raised Digital Realty Trust from a market perform rating to an outperform rating and upped their target price for the company from $109.31 to $120.00 in a research report on Friday, December 22nd. Zacks Investment Research lowered Digital Realty Trust from a hold rating to a sell rating in a research report on Monday. KeyCorp reaffirmed a buy rating and set a $130.00 target price on shares of Digital Realty Trust in a research report on Tuesday, September 26th. Finally, TheStreet lowered Digital Realty Trust from a b rating to a c+ rating in a research report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of $123.40. Read more …

Wells Fargo & Co upgraded shares of Gilead Sciences (NASDAQ:GILD) from a market perform rating to an outperform rating in a research report report published on Tuesday morning, MarketBeat reports. They currently have $96.00 target price on the biopharmaceutical company’s stock, up from their prior target price of $79.02. Several other equities research analysts have also weighed in on GILD. Mizuho restated a buy rating on shares of Gilead Sciences in a report on Friday, September 29th. BidaskClub lowered Gilead Sciences from a hold rating to a sell rating in a report on Tuesday, January 9th. BMO Capital Markets restated a hold rating on shares of Gilead Sciences in a report on Wednesday, January 3rd. Credit Suisse Group set a $80.00 target price on Gilead Sciences and gave the stock a hold rating in a report on Wednesday, January 3rd. Finally, Maxim Group restated a hold rating on shares of Gilead Sciences in a report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of Buy and an average target price of $85.61. Read more …

Barclays upgraded shares of GlaxoSmithKline (LON:GSK) to an overweight rating in a report published on Wednesday. They currently have GBX 1,650 ($22.38) price objective on the stock, up from their prior price objective of GBX 1,450 ($19.66). Several other equities research analysts have also issued reports on the company. Jefferies Group reiterated a buy rating and set a GBX 1,500 ($20.34) price target on shares of GlaxoSmithKline in a report on Tuesday. BNP Paribas reiterated a neutral rating and set a GBX 1,580 ($21.43) price target on shares of GlaxoSmithKline in a report on Tuesday. Liberum Capital reiterated a buy rating and set a GBX 1,760 ($23.87) price target on shares of GlaxoSmithKline in a report on Monday. Deutsche Bank lifted their price target on GlaxoSmithKline from GBX 1,380 ($18.71) to GBX 1,440 ($19.53) and gave the company a hold rating in a report on Thursday, January 11th. Finally, JPMorgan Chase & Co. set a GBX 1,340 ($18.17) price target on GlaxoSmithKline and gave the company a neutral rating in a report on Thursday, January 4th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 1,565.24 ($21.23). Read more …



Goldman Sachs Group upgraded shares of Procter & Gamble (NYSE:PG) from a sell rating to a neutral rating in a research note published on Tuesday morning. Goldman Sachs Group currently has $77.00 price objective on the stock. Several other equities research analysts have also weighed in on the company. Jefferies Group reissued a buy rating and issued a $104.00 price objective (up previously from $103.00) on shares of Procter & Gamble in a report on Wednesday, September 20th. Deutsche Bank initiated coverage on Procter & Gamble in a report on Wednesday, December 13th. They issued a buy rating and a $101.00 price objective for the company. Zacks Investment Research lowered Procter & Gamble from a buy rating to a hold rating in a report on Wednesday, October 18th. Vetr lowered Procter & Gamble from a buy rating to a hold rating and set a $90.38 price objective for the company. in a report on Tuesday, November 7th. Finally, Royal Bank of Canada reissued a buy rating on shares of Procter & Gamble in a report on Monday, October 23rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company’s stock. Procter & Gamble presently has an average rating of Hold and an average target price of $88.51. Read more …

Nomura upgraded shares of QUALCOMM (NASDAQ:QCOM) from a neutral rating to a buy rating in a research report released on Tuesday morning, MarketBeat reports. Nomura currently has $75.00 price objective on the wireless technology company’s stock, up from their previous price objective of $58.00. Several other brokerages have also weighed in on QCOM. Vetr upgraded QUALCOMM from a hold rating to a buy rating and set a $75.00 price target for the company in a research note on Monday, November 27th. Stifel Nicolaus lowered QUALCOMM from a buy rating to a hold rating and lifted their price target for the company from $65.00 to $75.00 in a research note on Tuesday, November 28th. Sanford C. Bernstein restated a hold rating on shares of QUALCOMM in a research note on Monday, November 13th. Royal Bank of Canada lifted their price target on QUALCOMM from $70.00 to $77.00 and gave the company an outperform rating in a research note on Tuesday, November 14th. Finally, ValuEngine upgraded QUALCOMM from a hold rating to a buy rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $67.14. Read more …

International Business Machines (NYSE:IBM) was upgraded by research analysts at Barclays from an “underweight” rating to an “overweight” rating in a research report issued to clients and investors on Wednesday. A number of other analysts have also recently issued reports on the stock. Vetr raised shares of International Business Machines from a “buy” rating to a “strong-buy” rating and set a $165.26 price objective for the company in a research note on Wednesday, November 15th. Zacks Investment Research lowered shares of International Business Machines from a “hold” rating to a “sell” rating in a research report on Tuesday, December 19th. KeyCorp restated a “hold” rating on shares of International Business Machines in a research report on Friday, November 3rd. Jefferies Group restated a “sell” rating and set a $125.00 target price on shares of International Business Machines in a research report on Thursday, September 21st. Finally, Tigress Financial restated a “buy” rating on shares of International Business Machines in a research report on Friday, December 1st. Six research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. International Business Machines has a consensus rating of “Hold” and an average price target of $159.90. Read more …

Barclays upgraded shares of ONEOK (NYSE:OKE) from an equal weight rating to an overweight rating in a research report sent to investors on Wednesday, Marketbeat.com reports. The brokerage currently has $67.00 target price on the utilities provider’s stock, up from their prior target price of $58.00. Several other equities analysts also recently issued reports on OKE. Mizuho initiated coverage on ONEOK in a research report on Tuesday, October 10th. They issued a neutral rating and a $59.00 target price on the stock. Stifel Nicolaus reissued a hold rating and issued a $54.00 target price on shares of ONEOK in a research report on Thursday, October 12th. Zacks Investment Research raised ONEOK from a hold rating to a strong-buy rating and set a $65.00 price target on the stock in a research report on Tuesday, October 17th. BMO Capital Markets set a $62.00 price target on ONEOK and gave the stock a buy rating in a research report on Wednesday, October 18th. Finally, UBS Group increased their price target on ONEOK from $60.00 to $61.00 and gave the stock a buy rating in a research report on Wednesday, November 1st. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. ONEOK currently has a consensus rating of Buy and a consensus price target of $59.93. Read more …

Fastenal (NASDAQ:FAST) was upgraded by research analysts at Credit Suisse Group to a “buy” rating in a research note issued to investors on Thursday. The firm currently has a $61.00 target price on the stock. Credit Suisse Group’s target price would suggest a potential upside of 16.86% from the stock’s current price. Other equities analysts also recently issued research reports about the stock. Stephens reissued a “buy” rating and issued a $62.00 target price on shares of Fastenal in a research note on Thursday. Robert W. Baird reissued a “buy” rating on shares of Fastenal in a research note on Wednesday. BMO Capital Markets reissued a “hold” rating and issued a $57.00 target price on shares of Fastenal in a research note on Tuesday, January 9th. Zacks Investment Research raised shares of Fastenal from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a research note on Thursday, January 4th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $46.00 target price (up previously from $44.00) on shares of Fastenal in a research note on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $53.50. Read more …

Bank Of New York Mellon (NYSE:BK) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report released on Friday. The brokerage presently has a $60.00 price objective on the bank’s stock. Morgan Stanley’s target price would suggest a potential upside of 8.40% from the company’s current price. Several other analysts also recently commented on BK. Zacks Investment Research downgraded shares of Bank Of New York Mellon from a “hold” rating to a “sell” rating in a research report on Thursday, September 21st. Citigroup reiterated a “neutral” rating and issued a $56.00 price target (up previously from $53.00) on shares of Bank Of New York Mellon in a research report on Monday, October 9th. Credit Suisse Group reiterated a “hold” rating and issued a $55.00 price target on shares of Bank Of New York Mellon in a research report on Tuesday, October 10th. Goldman Sachs Group restated a “buy” rating and set a $58.00 price objective (up previously from $52.85) on shares of Bank Of New York Mellon in a research report on Friday, October 20th. Finally, Jefferies Group restated a “hold” rating on shares of Bank Of New York Mellon in a research report on Friday, October 20th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $56.89. Read more …

Cummins (NYSE:CMI) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, The Fly reports. Several other analysts also recently commented on the stock. Goldman Sachs Group downgraded shares of Cummins from a “buy” rating to a “neutral” rating and set a $180.00 price objective on the stock. in a research report on Thursday, November 30th. Zacks Investment Research cut shares of Cummins from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. BMO Capital Markets upped their target price on shares of Cummins from $185.00 to $190.00 and gave the company a “market perform” rating in a research note on Wednesday, November 8th. Oppenheimer started coverage on shares of Cummins in a research note on Thursday, December 7th. They set an “outperform” rating and a $192.00 target price on the stock. Finally, Barclays started coverage on shares of Cummins in a research note on Tuesday, December 12th. They set an “equal weight” rating and a $180.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $178.69. Read more …

Philip Morris International (NYSE:PM) was upgraded by stock analysts at Jefferies Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday. Several other brokerages have also weighed in on PM. Citigroup cut their price objective on shares of Philip Morris International from $117.00 to $114.00 and set a “neutral” rating on the stock in a research report on Tuesday. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $137.00 price objective (up previously from $130.00) on shares of Philip Morris International in a research report on Thursday, January 11th. Zacks Investment Research lowered shares of Philip Morris International from a “hold” rating to a “sell” rating in a research report on Monday, December 11th. Wells Fargo & Co reaffirmed an “outperform” rating and set a $135.00 price objective (down previously from $140.00) on shares of Philip Morris International in a research report on Wednesday, November 15th. Finally, Bank of America cut their price objective on shares of Philip Morris International from $124.00 to $121.00 and set a “neutral” rating on the stock in a research report on Friday, October 20th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $124.54. Read more …


Downgrades



Roche (OTCMKTS:RHHBY) was downgraded by stock analysts at Societe Generale from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday. RHHBY has been the subject of several other reports. Citigroup lowered shares of Roche from a “buy” rating to a “neutral” rating in a report on Wednesday, October 18th. Zacks Investment Research raised shares of Roche from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Tuesday, January 2nd. Berenberg Bank lowered shares of Roche from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Cowen reissued a “buy” rating and issued a $38.00 price target on shares of Roche in a report on Tuesday, September 19th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Roche in a report on Friday, December 29th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $36.50. Read more …

Hershey (NYSE:HSY) was downgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Tuesday, The Fly reports. Several other analysts also recently issued reports on HSY. Zacks Investment Research upgraded Hershey from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a report on Monday, October 2nd. Susquehanna Bancshares set a $113.00 price objective on Hershey and gave the stock a “hold” rating in a report on Thursday, October 26th. Citigroup boosted their price objective on Hershey from $126.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, October 27th. UBS Group cut their price objective on Hershey from $110.00 to $106.00 and set a “neutral” rating on the stock in a report on Friday, October 27th. Finally, BMO Capital Markets restated a “hold” rating and set a $105.00 price objective on shares of Hershey in a report on Friday, October 27th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $114.02. Read more …

Goldman Sachs Group downgraded shares of Eli Lilly and (NYSE:LLY) from a buy rating to a neutral rating in a report released on Tuesday. The brokerage currently has $95.00 price objective on the stock, up from their previous price objective of $86.98. LLY has been the subject of a number of other research reports. BMO Capital Markets reissued a sell rating and issued a $71.00 target price on shares of Eli Lilly and in a report on Thursday, September 28th. Cowen reissued a buy rating and issued a $95.00 target price on shares of Eli Lilly and in a report on Wednesday, October 4th. Morgan Stanley set a $86.00 target price on shares of Eli Lilly and and gave the stock a hold rating in a report on Friday, October 6th. Credit Suisse Group cut shares of Eli Lilly and from an outperform rating to a neutral rating and increased their target price for the stock from $84.23 to $88.00 in a report on Tuesday, October 10th. Finally, Barclays increased their target price on shares of Eli Lilly and from $90.00 to $98.00 and gave the stock an overweight rating in a report on Friday, October 13th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $92.75. Read more …

Lockheed Martin (NYSE:LMT) was downgraded by Wells Fargo & Co from an “outperform” rating to a “market perform” rating in a research report issued on Tuesday. A number of other equities analysts have also recently commented on the company. Bank of America set a $360.00 price target on Lockheed Martin and gave the stock a “buy” rating in a report on Friday, October 27th. Royal Bank of Canada set a $314.00 price target on Lockheed Martin and gave the stock a “hold” rating in a report on Wednesday, November 15th. Buckingham Research boosted their price target on Lockheed Martin from $316.00 to $348.00 and gave the stock a “buy” rating in a report on Thursday, October 5th. Zacks Investment Research cut Lockheed Martin from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Finally, Stifel Nicolaus boosted their price target on Lockheed Martin from $320.00 to $340.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Lockheed Martin presently has a consensus rating of “Buy” and a consensus price target of $323.67. Read more …

Williams-Sonoma (NYSE:WSM) was downgraded by investment analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research note issued on Tuesday. A number of other analysts have also commented on the company. Zacks Investment Research lowered Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Saturday, January 13th. Moffett Nathanson assumed coverage on Williams-Sonoma in a research note on Monday, December 4th. They set a “neutral” rating on the stock. Jefferies Group reissued a “hold” rating on shares of Williams-Sonoma in a research note on Sunday, November 19th. Bank of America cut their price target on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating on the stock in a research note on Friday, November 17th. Finally, Morgan Stanley assumed coverage on Williams-Sonoma in a research note on Friday, November 17th. They set a “hold” rating and a $48.00 price target on the stock. Seven analysts have rated the stock with a sell rating, eighteen have given a hold rating and two have given a buy rating to the stock. Williams-Sonoma presently has an average rating of “Hold” and a consensus price target of $51.25. Read more …

Apple (NASDAQ:AAPL) was downgraded by equities research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Wednesday. They presently have a $220.00 price objective on the iPhone maker’s stock, up from their previous price objective of $180.00. Bank of America’s price objective would suggest a potential upside of 22.88% from the company’s previous close. Several other research analysts have also commented on the company. Longbow Research lowered Apple from a “buy” rating to a “neutral” rating in a report on Wednesday. Maxim Group boosted their price objective on Apple from $193.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, January 12th. Zacks Investment Research lowered Apple from a “buy” rating to a “hold” rating in a report on Monday, January 8th. UBS Group set a $190.00 price objective on Apple and gave the stock a “buy” rating in a report on Friday, January 5th. Finally, Barclays set a $162.00 price objective on Apple and gave the stock a “neutral” rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $199.83. Read more …

Invesco (NYSE:IVZ) was downgraded by equities researchers at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Friday, The Fly reports. A number of other research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Invesco from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. Bank of America lowered shares of Invesco from a “buy” rating to a “neutral” rating and set a $42.00 target price on the stock. in a research note on Monday, January 8th. JPMorgan Chase & Co. set a $45.00 target price on shares of Invesco and gave the stock a “buy” rating in a research note on Monday, January 8th. Morgan Stanley lowered shares of Invesco from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $40.00 to $39.00 in a research note on Wednesday, January 3rd. Finally, Royal Bank of Canada set a $47.00 target price on shares of Invesco and gave the stock a “buy” rating in a research note on Saturday, December 16th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $39.79. Read more …

McCormick (MKC) Downgrade of Rating. In analysts report made public on 19 January, Deutsche Bank cut shares of McCormick (MKC) to Sell rating from Hold. Deutsche Bank currently has a $98.0 target price on the stock. The firm target price suggests a potential downside of -4.77 % from McCormick (MKC)’s stock close price. The stock downgrade was most probably noticed by equity trades, as MKC is currently trading 0.00% lower at $0.00 as of 8:05 AM New York time. McCormick shares have [From2] 0% over the last 200 days, while the Standard & Poor’s 500 index has surged 6.00% over the same time. Read more …




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