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



Upgrades:


Deutsche Bank upgraded shares of Kansas City Southern (NYSE:KSU) from a hold rating to a buy rating in a research report published on Monday, The Fly reports. Deutsche Bank currently has $120.00 price target on the transportation company’s stock. Several other analysts have also commented on KSU. Zacks Investment Research lowered shares of Kansas City Southern from a hold rating to a sell rating in a report on Tuesday, June 26th. Credit Suisse Group raised their price objective on shares of Kansas City Southern from $125.00 to $126.00 and gave the stock a $111.08 rating in a report on Monday, July 23rd. Morgan Stanley raised their price objective on shares of Kansas City Southern from $108.00 to $112.00 and gave the stock a hold rating in a report on Tuesday, October 9th. Loop Capital raised their price objective on shares of Kansas City Southern to $132.00 and gave the stock a buy rating in a report on Monday, July 23rd. Finally, Cowen restated a hold rating and issued a $124.00 price objective on shares of Kansas City Southern in a report on Monday, July 23rd. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Kansas City Southern currently has a consensus rating of Buy and a consensus target price of $123.33. Read more …

Macquarie upgraded shares of Wells Fargo & Co (NYSE:WFC) from a neutral rating to an outperform rating in a research report released on Monday, Marketbeat reports. A number of other research analysts also recently weighed in on WFC. Zacks Investment Research downgraded Wells Fargo & Co from a buy rating to a hold rating in a research note on Sunday, July 15th. Keefe, Bruyette & Woods upgraded Wells Fargo & Co from a market perform rating to an outperform rating and raised their price target for the company from $57.00 to $63.00 in a research note on Sunday, July 15th. They noted that the move was a valuation call. ValuEngine downgraded Wells Fargo & Co from a hold rating to a sell rating in a research note on Friday, September 28th. Susquehanna Bancshares set a $63.00 price target on Wells Fargo & Co and gave the company a hold rating in a research note on Friday, July 13th. Finally, Morgan Stanley upgraded Wells Fargo & Co from an underweight rating to an equal weight rating and raised their price target for the company from $57.00 to $62.00 in a research note on Monday, July 2nd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $63.79. Read more …

ONEOK (NYSE:OKE) was upgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research note issued on Tuesday, The Fly reports. OKE has been the topic of a number of other research reports. Royal Bank of Canada lifted their price objective on ONEOK from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Friday, July 6th. Zacks Investment Research downgraded ONEOK from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 19th. Barclays lifted their price objective on ONEOK from $72.00 to $73.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 11th. US Capital Advisors reiterated a “buy” rating on shares of ONEOK in a research report on Tuesday, July 17th. Finally, JPMorgan Chase & Co. lifted their price objective on ONEOK from $65.00 to $74.00 and gave the stock a “neutral” rating in a research report on Friday, July 27th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $70.00. Read more …




Jefferies Financial Group upgraded shares of Phillips 66 (NYSE:PSX) from an underperform rating to a hold rating in a research report report published on Tuesday, Marketbeat.com reports. The firm currently has $108.00 price target on the oil and gas company’s stock. PSX has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of Phillips 66 from a buy rating to a hold rating in a report on Thursday, September 13th. Barclays upgraded shares of Phillips 66 from an underweight rating to an equal weight rating and decreased their price objective for the stock from $133.00 to $128.00 in a report on Wednesday, October 3rd. Morgan Stanley raised their price objective on shares of Phillips 66 from $135.00 to $140.00 and gave the stock an equal weight rating in a report on Monday, July 16th. Citigroup raised their price objective on shares of Phillips 66 from $124.00 to $126.00 and gave the stock a neutral rating in a report on Wednesday, August 15th. Finally, ValuEngine downgraded shares of Phillips 66 from a buy rating to a hold rating in a report on Friday, August 17th. Thirteen investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Phillips 66 presently has a consensus rating of Hold and a consensus target price of $117.77. Read more …


Deutsche Bank upgraded shares of Delta Air Lines (NYSE:DAL) from a hold rating to a buy rating in a research report sent to investors on Wednesday, Marketbeat.com reports. They currently have $60.00 price target on the transportation company’s stock, up from their prior price target of $53.00. Several other brokerages also recently commented on DAL. Bank of America reduced their target price on Delta Air Lines from $67.00 to $62.00 and set a buy rating for the company in a research note on Wednesday, October 10th. Imperial Capital reiterated an outperform rating and set a $78.00 target price (up from $71.00) on shares of Delta Air Lines in a research note on Thursday, September 27th. ValuEngine upgraded Delta Air Lines from a hold rating to a buy rating in a research note on Tuesday, September 4th. Buckingham Research reduced their target price on Delta Air Lines from $71.00 to $67.00 and set a buy rating for the company in a research note on Wednesday, October 10th. Finally, Stephens set a $65.00 target price on Delta Air Lines and gave the stock a buy rating in a research note on Friday, July 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Delta Air Lines has a consensus rating of Buy and an average price target of $67.99. Read more …

Deutsche Bank upgraded shares of American Airlines Group (NASDAQ:AAL) from a hold rating to a buy rating in a report published on Wednesday morning, MarketBeat Ratings reports. Deutsche Bank currently has $47.00 target price on the airline’s stock, up from their previous target price of $40.00. A number of other research analysts have also recently issued reports on the stock. Zacks Investment Research upgraded shares of American Airlines Group from a strong sell rating to a hold rating in a research note on Wednesday, June 27th. ValuEngine cut shares of American Airlines Group from a sell rating to a strong sell rating in a research note on Monday, July 2nd. Cowen cut their target price on shares of American Airlines Group from $55.00 to $48.00 and set an outperform rating for the company in a research note on Wednesday, July 11th. Imperial Capital dropped their price objective on shares of American Airlines Group from $56.00 to $50.00 and set an outperform rating for the company in a research report on Thursday, July 12th. They noted that the move was a valuation call. Finally, Morgan Stanley dropped their price objective on shares of American Airlines Group from $46.00 to $42.00 and set an equal weight rating for the company in a research report on Thursday, July 12th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $51.07. Read more …

Oppenheimer upgraded shares of Nike (NYSE:NKE) from a market perform rating to an outperform rating in a report published on Thursday, Marketbeat.com reports. They currently have $90.00 target price on the footwear maker’s stock. Oppenheimer also issued estimates for Nike’s Q2 2019 earnings at $0.45 EPS, Q3 2019 earnings at $0.72 EPS, Q4 2019 earnings at $0.79 EPS, FY2019 earnings at $2.63 EPS, Q1 2020 earnings at $0.81 EPS, Q2 2020 earnings at $0.54 EPS, Q3 2020 earnings at $0.84 EPS, Q4 2020 earnings at $0.94 EPS, FY2020 earnings at $3.14 EPS and FY2021 earnings at $3.70 EPS. NKE has been the subject of a number of other reports. Needham & Company LLC reaffirmed a neutral rating on shares of Nike in a research note on Thursday, September 13th. HSBC set a $92.00 price objective on shares of Nike and gave the company a buy rating in a research report on Thursday, September 6th. Daiwa Capital Markets set a $85.00 price objective on shares of Nike and gave the company a hold rating in a research report on Monday, October 1st. Pivotal Research set a $85.00 price objective on shares of Nike and gave the company a hold rating in a research report on Friday, September 21st. Finally, Morgan Stanley assumed coverage on shares of Nike in a research report on Wednesday, August 1st. They issued an overweight rating and a $88.00 price objective for the company. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and twenty-four have given a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of $84.75. Read more …

Texas Instruments (NASDAQ:TXN) was upgraded by investment analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued on Thursday, The Fly reports. A number of other equities analysts have also recently issued reports on the company. Bank of America lifted their target price on Texas Instruments from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 25th. Zacks Investment Research cut Texas Instruments from a “hold” rating to a “sell” rating in a report on Thursday, September 27th. BidaskClub cut Texas Instruments from a “sell” rating to a “strong sell” rating in a report on Friday, September 14th. B. Riley lifted their target price on Texas Instruments from $115.00 to $123.00 and gave the stock a “neutral” rating in a report on Wednesday, July 25th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $157.00 target price on shares of Texas Instruments in a report on Wednesday, July 25th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and fifteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $121.58. Read more …

Imperial Oil (TSE:IMO) (NYSEMKT:IMO) was upgraded by stock analysts at Goldman Sachs Group from a “sell” rating to a “buy” rating in a research note issued on Friday. A number of other equities research analysts have also recently issued reports on the company. BMO Capital Markets boosted their price objective on Imperial Oil from C$42.00 to C$44.00 in a report on Monday, July 30th. Canaccord Genuity boosted their price objective on Imperial Oil from C$45.00 to C$50.00 in a report on Tuesday, July 10th. JPMorgan Chase & Co. boosted their price objective on Imperial Oil from C$45.00 to C$49.00 in a report on Friday, October 5th. Barclays upgraded Imperial Oil from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from C$40.00 to C$49.00 in a report on Wednesday, July 11th. Finally, National Bank Financial boosted their price objective on Imperial Oil from C$40.00 to C$45.00 and gave the stock a “c$43.73” rating in a report on Wednesday, July 18th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of C$45.29. Read more …


Downgrades:



Credit Suisse Group reiterated their neutral rating on shares of Nucor (NYSE:NUE) in a report published on Monday, MarketBeat reports. NUE has been the subject of several other research reports. Zacks Investment Research upgraded Nucor from a hold rating to a buy rating and set a $72.00 price objective for the company in a research report on Tuesday, October 9th. ValuEngine downgraded Nucor from a hold rating to a sell rating in a research report on Tuesday, September 4th. KeyCorp upgraded Nucor from a sector weight rating to an overweight rating and set a $77.00 price objective for the company in a research report on Tuesday, July 24th. Seaport Global Securities assumed coverage on Nucor in a research report on Thursday, October 11th. They issued a buy rating and a $75.00 price objective for the company. Finally, Deutsche Bank downgraded Nucor to a buy rating in a research report on Tuesday, October 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. Nucor currently has an average rating of Buy and an average target price of $72.62. Read more …

BlackRock (NYSE:BLK) was downgraded by equities research analysts at Goldman Sachs Group from a “conviction-buy” rating to a “buy” rating in a research note issued on Wednesday, The Fly reports. Several other research analysts have also recently weighed in on BLK. JPMorgan Chase & Co. restated a “focus list” rating and set a $547.00 target price on shares of BlackRock in a report on Monday, July 2nd. Morgan Stanley lowered their target price on BlackRock from $624.00 to $607.00 and set an “overweight” rating on the stock in a report on Thursday, July 12th. Keefe, Bruyette & Woods upgraded BlackRock from a “market perform” rating to an “outperform” rating and set a $590.00 target price on the stock in a report on Friday, July 13th. Barclays lowered their target price on BlackRock from $615.00 to $595.00 and set an “overweight” rating on the stock in a report on Tuesday, July 17th. Finally, Zacks Investment Research cut BlackRock from a “hold” rating to a “sell” rating in a report on Tuesday, August 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. BlackRock has a consensus rating of “Buy” and an average price target of $581.00. Read more …

GAP (NYSE:GPS) was downgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research note issued to investors on Thursday, The Fly reports. Several other equities analysts have also commented on GPS. UBS Group began coverage on shares of GAP in a report on Thursday, June 21st. They set a “neutral” rating and a $33.00 target price on the stock. Wedbush assumed coverage on shares of GAP in a research report on Friday, August 10th. They set a “neutral” rating and a $32.00 price target for the company. Guggenheim reissued a “hold” rating on shares of GAP in a research report on Friday, August 24th. Zacks Investment Research cut shares of GAP from a “buy” rating to a “hold” rating in a report on Tuesday, August 21st. Finally, Barclays set a $39.00 price objective on shares of GAP and gave the company a “buy” rating in a report on Saturday, August 25th. Two analysts have rated the stock with a sell rating, nineteen have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $33.43. Read more …

Bank of America cut shares of Union Pacific (NYSE:UNP) from a buy rating to a neutral rating in a report published on Thursday, Marketbeat Ratings reports. They currently have $164.00 target price on the railroad operator’s stock. Other equities research analysts have also issued research reports about the stock. Cowen reissued a hold rating and set a $151.00 price objective on shares of Union Pacific in a report on Tuesday, September 18th. UBS Group increased their price target on shares of Union Pacific from $161.00 to $185.00 and gave the company a buy rating in a report on Thursday, September 20th. Deutsche Bank cut shares of Union Pacific from a buy rating to a hold rating and set a $162.00 price objective for the company. in a research note on Tuesday, August 14th. ValuEngine upgraded shares of Union Pacific from a hold rating to a buy rating in a research note on Thursday, August 2nd. Finally, Credit Suisse Group increased their target price on shares of Union Pacific from $167.00 to $185.00 and gave the stock an outperform rating in a research report on Thursday, September 20th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $160.22. Read more …

Bank of America cut shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) from a buy rating to a neutral rating in a research note published on Thursday, MarketBeat.com reports. Several other analysts also recently issued reports on the stock. Macquarie raised shares of Canadian National Railway from a neutral rating to an outperform rating in a report on Thursday, September 20th. BMO Capital Markets downgraded shares of Canadian National Railway from an outperform rating to a market perform rating in a report on Wednesday, September 5th. They noted that the move was a valuation call. Deutsche Bank raised shares of Canadian National Railway from a hold rating to a buy rating and increased their price target for the company from $81.00 to $95.00 in a report on Monday, July 9th. Zacks Investment Research raised shares of Canadian National Railway from a hold rating to a buy rating and set a $99.00 price target for the company in a report on Tuesday, August 7th. Finally, Citigroup raised shares of Canadian National Railway from a neutral rating to a buy rating and set a $100.00 price target for the company in a report on Tuesday, September 25th. Twelve analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of $91.98. Read more …

Bank of America cut shares of Norfolk Southern (NYSE:NSC) from a buy rating to a neutral rating in a research report sent to investors on Thursday, MarketBeat Ratings reports. Bank of America currently has $182.00 price target on the railroad operator’s stock. Other equities analysts have also recently issued reports about the company. Scotiabank set a $175.00 price objective on Norfolk Southern and gave the company a buy rating in a research note on Wednesday, July 25th. Zacks Investment Research upgraded Norfolk Southern from a hold rating to a buy rating and set a $205.00 price objective on the stock in a research note on Monday, October 8th. Citigroup upgraded Norfolk Southern from a neutral rating to a buy rating and set a $176.00 price objective on the stock in a research note on Monday, June 25th. Cowen restated a buy rating and set a $188.00 price objective on shares of Norfolk Southern in a research note on Wednesday, July 25th. Finally, Credit Suisse Group raised their price objective on Norfolk Southern from $176.00 to $182.00 and gave the company an outperform rating in a research note on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $170.95. Read more …

IBM (NYSE:IBM) was downgraded by analysts at Argus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, The Fly reports. IBM has been the topic of a number of other research reports. Zacks Investment Research cut shares of IBM from a “hold” rating to a “sell” rating in a research note on Wednesday, October 3rd. UBS Group set a $180.00 target price on shares of IBM and gave the company a “buy” rating in a research note on Wednesday, October 10th. Deutsche Bank lowered their target price on shares of IBM to $150.00 and set a “hold” rating on the stock in a research note on Thursday, July 19th. Morgan Stanley lowered their target price on shares of IBM from $198.00 to $185.00 and set a “$149.24” rating on the stock in a research note on Thursday, July 19th. Finally, Wells Fargo & Co started coverage on shares of IBM in a research note on Monday, July 30th. They issued a “market perform” rating on the stock. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $164.57. Read more …

Valero Energy (NYSE:VLO) was downgraded by investment analysts at Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Friday, The Fly reports. A number of other equities research analysts have also weighed in on the company. Standpoint Research upgraded Valero Energy from a “hold” rating to a “buy” rating in a research report on Friday, October 12th. Morgan Stanley boosted their price objective on Valero Energy from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 31st. ValuEngine lowered Valero Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, July 4th. Tudor Pickering lowered Valero Energy from a “buy” rating to a “hold” rating in a research report on Thursday, October 11th. Finally, Citigroup boosted their price objective on Valero Energy from $125.00 to $134.00 and gave the stock a “buy” rating in a research report on Friday, September 7th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $116.18. Read more …

Travelers Companies (NYSE:TRV) was downgraded by research analysts at Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Friday, The Fly reports. They currently have a $134.00 price target on the insurance provider’s stock, down from their previous price target of $149.00. Citigroup’s price objective suggests a potential upside of 7.08% from the company’s previous close. Other equities analysts have also issued research reports about the stock. TheStreet upgraded shares of Travelers Companies from a “c+” rating to a “b” rating in a report on Thursday, August 30th. Barclays lowered their target price on shares of Travelers Companies from $140.00 to $135.00 and set an “equal weight” rating on the stock in a report on Monday, July 9th. Zacks Investment Research upgraded shares of Travelers Companies from a “sell” rating to a “hold” rating in a report on Tuesday, September 25th. Wells Fargo & Co restated a “hold” rating and issued a $142.00 target price on shares of Travelers Companies in a report on Thursday, July 19th. Finally, ValuEngine upgraded shares of Travelers Companies from a “sell” rating to a “hold” rating in a report on Thursday, July 19th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $136.53. Read more …

Ford Motor (NYSE:F) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Friday, The Fly reports. Other research analysts have also issued reports about the company. Citigroup lowered their target price on Ford Motor from $10.50 to $9.90 and set a “neutral” rating on the stock in a report on Monday, September 10th. Guggenheim reissued a “hold” rating and issued a $11.50 price target on shares of Ford Motor in a research note on Friday, July 27th. Buckingham Research dropped their price target on Ford Motor from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, July 26th. Nomura set a $9.00 price target on Ford Motor and gave the stock a “hold” rating in a research note on Tuesday, August 14th. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $11.50 price target on shares of Ford Motor in a research note on Thursday, July 26th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $12.11. Read more …


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