Notable Analyst Upgrades and Downgrades for Week of July 2, 2018



Upgrades:


Novo Nordisk A/S (NYSE:NVO) was upgraded by research analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a research note issued to investors on Monday. Separately, Zacks Investment Research downgraded shares of Novo Nordisk A/S from a “hold” rating to a “sell” rating in a research note on Tuesday, March 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Novo Nordisk A/S has an average rating of “Hold” and an average target price of $64.00. Read more …


Morgan Stanley upgraded shares of Wells Fargo & Co (NYSE:WFC) from an underweight rating to an equal weight rating in a research note released on Monday, Marketbeat.com reports. They currently have $62.00 price target on the financial services provider’s stock, up from their previous price target of $57.00. A number of other research analysts have also recently issued reports on the stock. Keefe, Bruyette & Woods upgraded shares of Wells Fargo & Co to a buy rating in a report on Monday, April 30th. Macquarie upgraded shares of Wells Fargo & Co from an underperform rating to an outperform rating in a report on Monday, April 30th. Susquehanna Bancshares set a $58.00 price objective on shares of Wells Fargo & Co and gave the company a hold rating in a report on Monday, April 23rd. Barclays decreased their price objective on shares of Wells Fargo & Co from $71.00 to $66.00 and set an overweight rating for the company in a report on Monday, April 16th. Finally, Buckingham Research decreased their price objective on shares of Wells Fargo & Co from $75.00 to $70.00 and set a buy rating for the company in a report on Monday, April 16th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and sixteen have given a buy rating to the company’s stock. Wells Fargo & Co currently has an average rating of Hold and a consensus price target of $62.05. Read more …

Autoliv (NYSE:ALV) was upgraded by analysts at UBS Group from a “sell” rating to a “neutral” rating in a research note issued to investors on Tuesday, 247wallst.com reports. The firm presently has a $107.00 price target on the auto parts company’s stock. UBS Group’s price target points to a potential upside of 6.70% from the stock’s previous close. Other equities research analysts have also recently issued reports about the stock. Citigroup decreased their price objective on shares of Autoliv to $154.00 and set a “neutral” rating for the company in a research report on Tuesday, May 8th. Longbow Research set a $168.00 price objective on shares of Autoliv and gave the stock a “buy” rating in a research report on Monday, April 30th. ValuEngine cut shares of Autoliv from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 27th. Mizuho reiterated a “buy” rating and set a $160.00 price objective on shares of Autoliv in a research report on Tuesday, June 26th. Finally, Zacks Investment Research upgraded shares of Autoliv from a “hold” rating to a “buy” rating and set a $153.00 price objective for the company in a research report on Monday, April 30th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $139.71. Read more …



Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) was upgraded by research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research note issued to investors on Thursday. The brokerage presently has a $46.00 price target on the utilities provider’s stock, up from their previous price target of $44.00. Credit Suisse Group’s price objective suggests a potential upside of 12.88% from the stock’s current price. Other equities analysts also recently issued research reports about the stock. TD Securities lowered their target price on shares of Brookfield Infrastructure Partners from $47.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, May 3rd. Zacks Investment Research downgraded shares of Brookfield Infrastructure Partners from a “hold” rating to a “sell” rating in a research note on Thursday, May 3rd. Scotiabank lowered their target price on shares of Brookfield Infrastructure Partners from $46.75 to $46.50 and set an “outperform” rating for the company in a research note on Tuesday, June 5th. CIBC began coverage on shares of Brookfield Infrastructure Partners in a research note on Friday, March 16th. They set a “sector outperform” rating and a $47.00 target price for the company. Finally, ValuEngine downgraded shares of Brookfield Infrastructure Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, May 22nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $47.11. Read more …



Downgrades:


Walgreens Boots Alliance (NASDAQ:WBA) was downgraded by equities research analysts at Mizuho from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. They presently have a $64.00 target price on the pharmacy operator’s stock. Mizuho’s price objective would indicate a potential upside of 4.69% from the company’s current price. A number of other equities research analysts have also recently commented on WBA. BidaskClub upgraded shares of Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a report on Friday, June 22nd. Jefferies Financial Group cut shares of Walgreens Boots Alliance from a “buy” rating to a “hold” rating and cut their price target for the company from $85.00 to $65.00 in a report on Friday. Loop Capital increased their price target on shares of Walgreens Boots Alliance to $80.00 and gave the company a “buy” rating in a report on Friday. Robert W. Baird cut shares of Walgreens Boots Alliance from an “outperform” rating to a “neutral” rating and set a $80.00 price target on the stock. in a report on Friday. Finally, Royal Bank of Canada reiterated an “outperform” rating on shares of Walgreens Boots Alliance in a report on Friday. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Walgreens Boots Alliance presently has an average rating of “Hold” and an average price target of $79.05. Read more …

Chevron (NYSE:CVX) was downgraded by Macquarie from an “outperform” rating to a “neutral” rating in a report released on Tuesday, The Fly reports. A number of other analysts have also commented on CVX. DZ Bank raised Chevron from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Credit Suisse Group reduced their target price on Chevron from $129.00 to $123.00 and set a “neutral” rating for the company in a report on Wednesday, March 7th. Vetr lowered Chevron from a “buy” rating to a “hold” rating and set a $117.38 target price for the company. in a report on Wednesday, March 21st. Wells Fargo & Co lifted their target price on Chevron from $138.00 to $153.00 and gave the stock an “outperform” rating in a report on Thursday, April 12th. They noted that the move was a valuation call. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $130.00 target price on shares of Chevron in a report on Friday, April 13th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $136.27. Read more …

Delta Air Lines (NYSE:DAL) was downgraded by research analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a report released on Tuesday, Marketbeat.com reports. They currently have a $53.00 target price on the transportation company’s stock, down from their prior target price of $64.00. Deutsche Bank’s price target suggests a potential upside of 8.65% from the stock’s previous close. DAL has been the subject of a number of other research reports. Imperial Capital upped their price objective on Delta Air Lines from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, June 1st. Morgan Stanley upped their price objective on Delta Air Lines from $66.00 to $72.00 and gave the stock an “overweight” rating in a research note on Friday, April 20th. Cfra reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Delta Air Lines in a research note on Monday, June 18th. Zacks Investment Research lowered Delta Air Lines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 13th. Finally, Buckingham Research dropped their price objective on Delta Air Lines from $76.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, June 7th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $67.93. Read more …

Robert W. Baird lowered shares of W W Grainger (NYSE:GWW) from an outperform rating to a neutral rating in a research report sent to investors on Tuesday morning, Marketbeat reports. Robert W. Baird currently has $240.00 price objective on the industrial products company’s stock. Several other research firms also recently issued reports on GWW. Zacks Investment Research downgraded shares of W W Grainger from a buy rating to a hold rating and set a $327.00 price target on the stock. in a research note on Wednesday, April 11th. ValuEngine raised shares of W W Grainger from a hold rating to a buy rating in a research note on Saturday, April 21st. BMO Capital Markets lifted their price target on shares of W W Grainger from $235.00 to $242.00 and gave the stock a market perform rating in a research note on Friday, March 16th. They noted that the move was a valuation call. Stifel Nicolaus lifted their price target on shares of W W Grainger from $270.00 to $297.00 and gave the stock a hold rating in a research note on Monday, April 23rd. Finally, Deutsche Bank set a $275.00 price target on shares of W W Grainger and gave the stock a hold rating in a research note on Friday, April 6th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $259.75. Read more …


PepsiCo (NASDAQ:PEP) was downgraded by research analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a research report issued on Tuesday, MarketBeat Ratings reports. They presently have a $116.00 price target on the stock. Deutsche Bank’s target price would indicate a potential upside of 6.62% from the stock’s previous close. Other analysts have also recently issued reports about the company. Goldman Sachs Group reaffirmed a “sell” rating on shares of PepsiCo in a research report on Tuesday, April 17th. BidaskClub cut PepsiCo from a “hold” rating to a “sell” rating in a research report on Friday, April 20th. Stifel Nicolaus decreased their price objective on PepsiCo from $120.00 to $110.00 and set a “hold” rating for the company in a research report on Friday, April 27th. SunTrust Banks decreased their price objective on PepsiCo to $105.00 and set a “hold” rating for the company in a research report on Friday, April 27th. Finally, Barclays reaffirmed a “hold” rating and set a $108.00 price objective on shares of PepsiCo in a research report on Monday, April 30th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $119.21. Read more …

Costco Wholesale (NASDAQ:COST) was downgraded by research analysts at Northcoast Research from a “buy” rating to a “neutral” rating in a research note issued on Friday, The Fly reports. A number of other research analysts have also recently commented on the company. Wells Fargo & Co upgraded Costco Wholesale from a “market perform” rating to an “outperform” rating and reduced their price objective for the stock from $191.42 to $188.91 in a research note on Monday, April 16th. Royal Bank of Canada restated an “outperform” rating and set a $205.00 price objective (down previously from $209.00) on shares of Costco Wholesale in a research note on Thursday, March 8th. JPMorgan Chase & Co. boosted their price objective on Costco Wholesale from $206.00 to $212.00 and gave the stock an “overweight” rating in a research note on Friday, June 1st. BidaskClub upgraded Costco Wholesale from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 28th. Finally, Argus boosted their price objective on Costco Wholesale from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, May 30th. Eight research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $200.29. Read more …


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