Notable Analyst Upgrades and Downgrades for Week of July 9, 2018



Upgrades:


Archer Daniels Midland (NYSE:ADM) was upgraded by stock analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report released on Monday, MarketBeat.com reports. The brokerage presently has a $48.00 price target on the stock, up from their previous price target of $42.00. JPMorgan Chase & Co.’s price target indicates a potential upside of 0.13% from the stock’s current price. Other research analysts have also issued research reports about the stock. ValuEngine lowered shares of Archer Daniels Midland from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Zacks Investment Research lowered shares of Archer Daniels Midland from a “buy” rating to a “hold” rating in a report on Tuesday, May 8th. Goldman Sachs Group upgraded shares of Archer Daniels Midland from a “neutral” rating to a “buy” rating and raised their price objective for the company from $43.30 to $50.00 in a report on Monday, March 12th. Citigroup raised their price objective on shares of Archer Daniels Midland from $53.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, May 2nd. Finally, Monness Crespi & Hardt upgraded shares of Archer Daniels Midland from a “sell” rating to a “neutral” rating in a report on Wednesday, May 2nd. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $45.92. Read more …

Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by equities researchers at Deutsche Bank from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports. CNI has been the subject of a number of other research reports. Stifel Nicolaus began coverage on Canadian National Railway in a report on Thursday, May 24th. They issued a “hold” rating and a $84.00 price target for the company. Zacks Investment Research raised Canadian National Railway from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 1st. Macquarie cut Canadian National Railway from an “outperform” rating to a “neutral” rating in a report on Thursday, May 17th. They noted that the move was a valuation call. Cowen upped their price target on Canadian National Railway from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Tuesday, April 24th. Finally, Deutsche Bank raised Canadian National Railway from a “sell” rating to a “hold” rating and set a $81.00 price target for the company in a report on Thursday, May 24th. Ten analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $84.98. Read more …

Raymond James upgraded shares of Canadian Pacific Railway (TSE:CP) (NYSE:CP) from an outperform rating to a strong-buy rating in a report issued on Monday. They currently have C$275.00 price target on the stock, up from their previous price target of C$260.00. Other equities research analysts have also recently issued research reports about the stock. Desjardins lowered their target price on shares of Canadian Pacific Railway from C$254.00 to C$253.00 in a report on Monday, April 16th. BMO Capital Markets boosted their target price on shares of Canadian Pacific Railway from C$254.00 to C$265.00 in a report on Thursday, June 28th. National Bank Financial boosted their target price on shares of Canadian Pacific Railway from C$250.00 to C$260.00 and gave the company a sector perform rating in a report on Thursday, June 21st. CIBC boosted their target price on shares of Canadian Pacific Railway from C$263.00 to C$270.00 in a report on Thursday, April 19th. Finally, Royal Bank of Canada boosted their target price on shares of Canadian Pacific Railway from C$256.00 to C$258.00 and gave the company an outperform rating in a report on Thursday, April 19th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Canadian Pacific Railway presently has an average rating of Buy and an average price target of C$259.25. Read more …



Cummins (NYSE:CMI) was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a report released on Tuesday, Marketbeat reports. The firm currently has a $160.00 price objective on the stock, down from their previous price objective of $174.00. Stifel Nicolaus’ price objective points to a potential upside of 19.32% from the company’s previous close. CMI has been the subject of several other reports. Buckingham Research downgraded shares of Cummins from a “buy” rating to a “neutral” rating and set a $195.00 price target for the company. in a research note on Wednesday, May 2nd. Bank of America downgraded shares of Cummins from a “buy” rating to a “neutral” rating and set a $154.00 price target for the company. in a research note on Thursday, May 3rd. They noted that the move was a valuation call. JPMorgan Chase & Co. lowered their price target on shares of Cummins from $176.00 to $164.00 and set a “neutral” rating for the company in a research note on Tuesday, April 10th. Mizuho began coverage on shares of Cummins in a research note on Friday, June 29th. They issued a “neutral” rating and a $150.00 price target for the company. Finally, TheStreet raised shares of Cummins from a “c+” rating to a “b” rating in a research note on Tuesday, May 1st. Three analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have given a buy rating to the stock. Cummins currently has a consensus rating of “Hold” and a consensus target price of $167.52. Read more …


ABB (NYSE:ABB) was upgraded by analysts at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a report issued on Wednesday, The Fly reports. A number of other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of ABB in a report on Monday. Zacks Investment Research cut ABB from a “hold” rating to a “sell” rating in a report on Wednesday, July 4th. ValuEngine cut ABB from a “hold” rating to a “sell” rating in a report on Tuesday, May 29th. Deutsche Bank reissued a “buy” rating on shares of ABB in a report on Friday, April 20th. Finally, UBS Group raised ABB from a “sell” rating to a “neutral” rating in a report on Tuesday, April 17th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $27.00. Read more …

Johnson & Johnson (NYSE:JNJ) was upgraded by Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research report issued on Thursday, The Fly reports. Several other research analysts also recently weighed in on JNJ. Jefferies Financial Group set a $161.00 target price on Johnson & Johnson and gave the stock a “buy” rating in a research note on Friday, March 23rd. Vetr downgraded Johnson & Johnson from a “strong-buy” rating to a “hold” rating and set a $124.55 target price for the company. in a research note on Monday, March 26th. TheStreet downgraded Johnson & Johnson from an “a” rating to a “c+” rating in a research note on Monday, March 26th. Zacks Investment Research raised Johnson & Johnson from a “hold” rating to a “buy” rating and set a $143.00 target price for the company in a research note on Wednesday, March 28th. Finally, Morgan Stanley reduced their target price on Johnson & Johnson from $148.00 to $143.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 10th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $141.60. Read more …

Diageo (NYSE:DEO) was upgraded by stock analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a report issued on Thursday, The Fly reports. Several other brokerages also recently weighed in on DEO. Zacks Investment Research raised Diageo from a “sell” rating to a “hold” rating in a research note on Monday, June 25th. ValuEngine raised Diageo from a “hold” rating to a “buy” rating in a research note on Thursday, April 12th. Macquarie raised Diageo from a “neutral” rating to an “outperform” rating in a research note on Thursday, June 21st. Sanford C. Bernstein downgraded Diageo from an “outperform” rating to a “market perform” rating and set a $149.00 target price for the company. in a research note on Friday, June 29th. Finally, Kepler Capital Markets raised Diageo from a “hold” rating to a “buy” rating in a research note on Friday, May 4th. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $152.00. Read more …

In a note revealed on Friday morning, BofA Merrill upped shares of V.F. Corp (VFC) to a solid Buy rating from their previous Underperform rating.

The stock increased 1.34% or $1.12 during the last trading session, reaching $84.82. About 1.30 million shares traded. V.F. Corporation (VFC) has risen 53.64% since July 13, 2017 and is uptrending. It has outperformed by 41.07% the S&P500.

Analysts await V.F. Corporation (NYSE:VFC) to report earnings on July, 23. They expect $0.33 earnings per share, up 13.79 % or $0.04 from last year’s $0.29 per share. VFC’s profit will be $130.18 million for 64.26 P/E if the $0.33 EPS becomes a reality. After $0.67 actual earnings per share reported by V.F. Corporation for the previous quarter, Wall Street now forecasts -50.75 % negative EPS growth. Read more …

Downgrades:

Procter & Gamble (NYSE:PG) was downgraded by equities research analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, The Fly reports. Several other equities research analysts have also commented on the company. Zacks Investment Research upgraded Procter & Gamble from a “sell” rating to a “hold” rating in a research note on Wednesday, April 18th. Argus cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, April 20th. Deutsche Bank cut Procter & Gamble from a “buy” rating to a “hold” rating and set a $101.00 target price on the stock. in a report on Friday, April 20th. Bank of America lowered their target price on Procter & Gamble from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 12th. Finally, Morgan Stanley lowered their target price on Procter & Gamble from $85.00 to $80.00 and set an “equal weight” rating on the stock in a report on Friday, April 20th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Procter & Gamble currently has an average rating of “Hold” and an average price target of $87.90. Read more …

Citigroup cut shares of Walgreens Boots Alliance (NASDAQ:WBA) from a buy rating to a neutral rating in a research note released on Monday morning, Marketbeat reports. They currently have $69.00 price target on the pharmacy operator’s stock. A number of other analysts also recently issued reports on WBA. BidaskClub downgraded Walgreens Boots Alliance from a sell rating to a strong sell rating in a research report on Thursday, March 22nd. TheStreet downgraded Walgreens Boots Alliance from a b- rating to a c+ rating in a research report on Tuesday, March 20th. Zacks Investment Research raised Walgreens Boots Alliance from a hold rating to a buy rating and set a $74.00 target price on the stock in a research report on Thursday, March 22nd. Pivotal Research lowered their target price on Walgreens Boots Alliance from $73.00 to $69.00 and set a hold rating on the stock in a research report on Friday, March 23rd. Finally, Royal Bank of Canada set a $88.00 target price on Walgreens Boots Alliance and gave the company a buy rating in a research report on Wednesday, March 28th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Walgreens Boots Alliance currently has a consensus rating of Hold and a consensus price target of $77.84. Read more …

Consumer Edge lowered shares of Hershey (NYSE:HSY) from an overweight rating to an equal weight rating in a research report released on Monday. A number of other equities research analysts have also weighed in on the company. Zacks Investment Research lowered Hershey from a buy rating to a hold rating in a report on Wednesday, July 4th. Credit Suisse Group lowered Hershey from a neutral rating to a sell rating and lowered their price objective for the company from $90.00 to $80.00 in a report on Wednesday, June 13th. Argus lowered Hershey from a buy rating to a hold rating in a report on Wednesday, May 2nd. Barclays lowered their price objective on Hershey from $107.00 to $90.00 and set an equal weight rating on the stock in a report on Friday, April 27th. Finally, Societe Generale lowered Hershey from a hold rating to a sell rating and lowered their price objective for the company from $93.29 to $85.00 in a report on Friday, April 27th. Seven equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company. Hershey has a consensus rating of Hold and an average target price of $102.65. Read more …

Vertical Group downgraded shares of Flowers Foods (NYSE:FLO) from a buy rating to a hold rating in a research note published on Monday morning. Several other brokerages have also weighed in on FLO. ValuEngine raised shares of Flowers Foods from a hold rating to a buy rating in a research report on Wednesday, May 2nd. Zacks Investment Research lowered shares of Flowers Foods from a buy rating to a hold rating in a research report on Wednesday, April 18th. Deutsche Bank set a $24.00 price objective on shares of Flowers Foods and gave the company a hold rating in a research report on Tuesday, April 17th. Jefferies Financial Group reissued a hold rating and issued a $19.00 price objective on shares of Flowers Foods in a research report on Thursday, May 17th. Finally, Hilliard Lyons assumed coverage on shares of Flowers Foods in a research report on Tuesday, April 3rd. They issued a buy rating and a $25.00 price objective on the stock. Nine analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $22.00. Read more …

JPMorgan Chase & Co. downgraded shares of American Tower (NYSE:AMT) from an overweight rating to a neutral rating in a research report sent to investors on Tuesday morning, Marketbeat.com reports. JPMorgan Chase & Co. currently has $150.00 target price on the real estate investment trust’s stock. Several other equities analysts have also recently weighed in on AMT. Zacks Investment Research cut American Tower from a hold rating to a sell rating in a report on Friday, July 6th. Wells Fargo & Co lifted their price objective on American Tower from $150.00 to $158.00 and gave the company an outperform rating in a report on Tuesday, July 3rd. ValuEngine cut American Tower from a buy rating to a hold rating in a report on Friday, April 27th. Citigroup cut their price objective on American Tower from $162.00 to $161.00 and set a buy rating on the stock in a report on Tuesday, March 27th. Finally, Morgan Stanley cut their price objective on American Tower from $157.00 to $154.00 and set an overweight rating on the stock in a report on Thursday, May 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $160.00. Read more …

McDonald’s (NYSE:MCD) was downgraded by research analysts at Cleveland Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday. A number of other research firms have also weighed in on MCD. Bank of America set a $190.00 target price on shares of McDonald’s and gave the stock a “buy” rating in a report on Tuesday, May 1st. Royal Bank of Canada restated a “buy” rating and issued a $175.00 target price on shares of McDonald’s in a report on Monday. Vetr upgraded shares of McDonald’s from a “hold” rating to a “buy” rating and set a $177.90 target price on the stock in a report on Tuesday, April 10th. Wells Fargo & Co restated an “outperform” rating and issued a $180.00 target price (down previously from $185.00) on shares of McDonald’s in a report on Wednesday. Finally, Goldman Sachs Group set a $185.00 target price on shares of McDonald’s and gave the stock a “buy” rating in a report on Tuesday, May 8th. Ten equities research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $183.82. Read more …



Bank of New York Mellon (NYSE:BK) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a report issued on Thursday, The Fly reports. Several other brokerages have also recently issued reports on BK. ValuEngine upgraded Bank of New York Mellon from a “hold” rating to a “buy” rating in a report on Thursday, April 19th. Sandler O’Neill reiterated a “hold” rating and set a $54.00 price target on shares of Bank of New York Mellon in a report on Monday, April 9th. Zacks Investment Research upgraded Bank of New York Mellon from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Tuesday, May 22nd. Credit Suisse Group increased their target price on Bank of New York Mellon from $57.00 to $58.00 and gave the stock a “neutral” rating in a research note on Friday, April 20th. Finally, Morgan Stanley increased their target price on Bank of New York Mellon from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, April 20th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $58.41. Read more …

Raymond James decreased shares of AT&T (NYSE:T) stock from a “Outperform” rating to a “Mkt Perform” rating in analysts note shared with investors on 13 July.

Among 19 analysts covering AT&T Inc (NYSE:T), 6 have Buy rating, 2 Sell and 11 Hold. Therefore 32% are positive. AT&T Inc has $48.0 highest and $29 lowest target. $38.06’s average target is 20.44% above currents $31.6 stock price. AT&T Inc had 22 analyst reports since January 17, 2018 according to SRatingsIntel. Jefferies downgraded AT&T Inc. (NYSE:T) on Thursday, June 7 to “Hold” rating. The company was upgraded on Wednesday, June 13 by Oppenheimer. The rating was upgraded by HSBC on Wednesday, March 28 to “Buy”. The company was maintained on Thursday, February 1 by Cowen & Co. The stock of AT&T Inc. (NYSE:T) has “Overweight” rating given on Wednesday, June 27 by Morgan Stanley. Hilliard Lyons downgraded the stock to “Neutral” rating in Thursday, April 26 report. Wells Fargo maintained the shares of T in report on Friday, February 23 with “Buy” rating. Barclays Capital maintained AT&T Inc. (NYSE:T) rating on Friday, April 13. Barclays Capital has “Equal-Weight” rating and $40 target. The stock has “Sell” rating by Moffett Nathanson on Wednesday, June 13. Bank of America maintained AT&T Inc. (NYSE:T) rating on Friday, February 2. Bank of America has “Neutral” rating and $40 target. Read more …

In a research note shared with investors today, Raymond James lowered shares of Broadcom (AVGO) to a Mkt Perform rating from the previous Outperform rating.

The stock decreased 3.48% or $7.3 during the last trading session, reaching $202.68. About 14.11 million shares traded or 305.74% up from the average. Broadcom Inc. (AVGO) has risen 3.81% since July 13, 2017 and is uptrending. It has underperformed by 8.76% the S&P500.


Analysts await Broadcom Inc. (NASDAQ:AVGO) to report earnings on August, 23. They expect $4.18 earnings per share, up 12.06 % or $0.45 from last year’s $3.73 per share. AVGO’s profit will be $1.80B for 12.12 P/E if the $4.18 EPS becomes a reality. After $4.38 actual earnings per share reported by Broadcom Inc. for the previous quarter, Wall Street now forecasts -4.57 % negative EPS growth. Read more …

Research professionals at Keefe Bruyette \u0026 Woods’s equities division decreased the rating for shares of Invesco (NYSE:IVZ) from a Outperform to a Market Perform on Friday, 13 July.

The stock decreased 2.25% or $0.6 during the last trading session, reaching $26.04. About 4.43M shares traded or 25.93% up from the average. Invesco Ltd. (NYSE:IVZ) has declined 11.58% since July 13, 2017 and is downtrending. It has underperformed by 24.15% the S&P500.


Analysts await Invesco Ltd. (NYSE:IVZ) to report earnings on July, 26. They expect $0.68 EPS, up 6.25 % or $0.04 from last year’s $0.64 per share. IVZ’s profit will be $279.31M for 9.57 P/E if the $0.68 EPS becomes a reality. After $0.67 actual EPS reported by Invesco Ltd. for the previous quarter, Wall Street now forecasts 1.49 % EPS growth. Read more …


In case you interested of stock analysis of other bloggers, click on link below:


Analysis Collection

Comments