Notable Analyst Upgrades and Downgrades for Week of June 4, 2018



Upgrades:


Anheuser Busch Inbev (NYSE:BUD) was upgraded by investment analysts at HSBC from a “hold” rating to a “buy” rating in a research note issued on Monday, The Fly reports. Other equities analysts have also issued research reports about the company. Sanford C. Bernstein set a $122.00 target price on Anheuser Busch Inbev and gave the company a “buy” rating in a research note on Thursday, May 10th. Susquehanna Bancshares set a $127.00 target price on Anheuser Busch Inbev and gave the company a “buy” rating in a research note on Tuesday, May 8th. Stifel Nicolaus reiterated a “buy” rating and issued a $124.00 target price on shares of Anheuser Busch Inbev in a research note on Thursday, April 19th. Zacks Investment Research upgraded Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research note on Friday, February 16th. Finally, Societe Generale upgraded Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research note on Friday, March 2nd. Five analysts have rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $122.79. Read more …

Royal Bank of Canada (NYSE:RY) (TSE:RY) was upgraded by equities research analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Monday, The Fly reports. Other equities analysts also recently issued reports about the company. Zacks Investment Research downgraded Royal Bank of Canada from a “hold” rating to a “sell” rating in a research report on Wednesday, May 30th. ValuEngine downgraded Royal Bank of Canada from a “buy” rating to a “hold” rating in a research report on Thursday, March 8th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $97.20. Read more …

Whirlpool (NYSE:WHR) was upgraded by stock analysts at Credit Suisse Group from a “neutral” rating to a “buy” rating in a research note issued on Monday, MarketBeat reports. The brokerage currently has a $195.00 target price on the stock, up from their prior target price of $170.00. Credit Suisse Group’s target price indicates a potential upside of 31.37% from the stock’s current price. Several other analysts also recently commented on WHR. ValuEngine downgraded Whirlpool from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. MKM Partners increased their target price on Whirlpool to $179.00 and gave the company a “neutral” rating in a research note on Friday, April 27th. JPMorgan Chase & Co. lowered their price target on Whirlpool from $210.00 to $180.00 and set an “overweight” rating on the stock in a report on Friday, June 1st. Goldman Sachs Group lowered their price target on Whirlpool to $130.00 and set a “sell” rating on the stock in a report on Wednesday, April 25th. Finally, Royal Bank of Canada set a $184.00 price target on Whirlpool and gave the company a “hold” rating in a report on Monday, April 23rd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $176.14. Read more …


Citigroup upgraded shares of Occidental Petroleum (NYSE:OXY) from a neutral rating to a buy rating in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. A number of other research firms also recently weighed in on OXY. Piper Jaffray Companies raised shares of Occidental Petroleum from a neutral rating to an overweight rating and boosted their price target for the stock from $77.00 to $86.00 in a research note on Sunday, April 15th. Deutsche Bank raised shares of Occidental Petroleum from a hold rating to a buy rating and set a $84.00 price target for the company in a research note on Friday, March 23rd. ValuEngine downgraded shares of Occidental Petroleum from a hold rating to a sell rating in a research note on Thursday, March 1st. JPMorgan Chase & Co. dropped their price target on shares of Occidental Petroleum from $75.00 to $74.00 and set a neutral rating for the company in a research note on Monday, April 9th. Finally, Zacks Investment Research downgraded shares of Occidental Petroleum from a strong-buy rating to a hold rating in a research note on Tuesday, March 13th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $77.47. Read more …


International Paper (NYSE:IP) was upgraded by stock analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research note issued on Wednesday, The Fly reports. Other equities research analysts have also recently issued reports about the stock. ValuEngine upgraded shares of International Paper from a “sell” rating to a “hold” rating in a report on Monday. Zacks Investment Research upgraded shares of International Paper from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a report on Tuesday. Barclays raised their price target on shares of International Paper from $52.00 to $55.00 and gave the stock an “underweight” rating in a report on Monday, February 12th. KeyCorp reiterated a “hold” rating on shares of International Paper in a report on Thursday, April 26th. Finally, UBS Group began coverage on shares of International Paper in a report on Thursday, March 29th. They set a “buy” rating and a $63.00 price objective for the company. One research analyst has 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. International Paper has an average rating of “Hold” and a consensus price target of $64.38. Read more …

McDonald’s (NYSE:MCD) was upgraded by equities researchers at Nomura from a “neutral” rating to a “buy” rating in a report issued on Thursday, The Fly reports. The brokerage currently has a $191.00 price objective on the fast-food giant’s stock. Nomura’s price target would suggest a potential upside of 13.12% from the stock’s current price. Other equities research analysts have also issued research reports about the company. Morgan Stanley cut their target price on McDonald’s from $184.00 to $169.00 and set a “neutral” rating on the stock in a research report on Monday, March 26th. BMO Capital Markets restated a “buy” rating and issued a $190.00 price target on shares of McDonald’s in a research note on Monday, March 12th. Stifel Nicolaus lifted their price target on McDonald’s from $165.00 to $168.00 and gave the company a “hold” rating in a research note on Tuesday, May 1st. JPMorgan Chase & Co. reiterated a “buy” rating and set a $182.00 target price on shares of McDonald’s in a research report on Monday, March 12th. Finally, ValuEngine downgraded McDonald’s from a “buy” rating to a “hold” rating in a research report on Wednesday, May 16th. Nine equities research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. McDonald’s has a consensus rating of “Buy” and an average price target of $183.63. Read more …

ConocoPhillips (NYSE:COP) was upgraded by analysts at Sanford C. Bernstein to a “buy” rating in a note issued to investors on Friday. The firm currently has a $82.00 price target on the energy producer’s stock. Sanford C. Bernstein’s price target would indicate a potential upside of 18.02% from the stock’s previous close. A number of other research analysts have also weighed in on the company. Zacks Investment Research raised ConocoPhillips from a “hold” rating to a “strong-buy” rating and set a $61.00 price target on the stock in a research note on Wednesday, February 14th. Citigroup increased their price target on ConocoPhillips from $57.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Argus reduced their price target on ConocoPhillips from $65.00 to $54.54 and set a “buy” rating on the stock in a research note on Friday, February 16th. Edward Jones lowered ConocoPhillips from a “buy” rating to a “hold” rating in a research note on Wednesday, April 18th. Finally, JPMorgan Chase & Co. increased their target price on ConocoPhillips from $62.00 to $64.00 and gave the stock an “overweight” rating in a research report on Monday, April 9th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and fifteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $65.72. Read more …


Downgrades:


BHP Billiton (NYSE:BBL) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued to investors on Tuesday, The Fly reports. Other research analysts also recently issued reports about the company. ValuEngine downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research report on Friday. Barclays upgraded BHP Billiton from an “equal weight” rating to an “overweight” rating in a research report on Friday, May 4th. Goldman Sachs Group upgraded BHP Billiton from a “neutral” rating to a “buy” rating in a research report on Monday, April 23rd. Citigroup upgraded BHP Billiton from a “neutral” rating to a “buy” rating in a research report on Friday, April 20th. Finally, Deutsche Bank upgraded BHP Billiton from a “hold” rating to a “buy” rating in a research report on Wednesday, April 11th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. BHP Billiton has an average rating of “Buy” and an average price target of $44.00. Read more …


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