Notable Analyst Upgrades and Downgrades for Week of October 22, 2018



Upgrades:


Intel (NASDAQ:INTC) was upgraded by equities researchers at Nomura from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, Marketbeat.com reports. The firm presently has a $50.00 price target on the chip maker’s stock. Nomura’s target price would suggest a potential upside of 12.36% from the company’s previous close. Several other equities research analysts have also recently weighed in on INTC. Sanford C. Bernstein cut shares of Intel from a “market perform” rating to an “underperform” rating and lowered their price target for the stock from $54.00 to $42.00 in a research report on Tuesday, June 26th. Benchmark initiated coverage on shares of Intel in a research report on Tuesday, June 26th. They issued a “hold” rating for the company. ValuEngine cut shares of Intel from a “buy” rating to a “hold” rating in a research report on Tuesday, June 26th. Zacks Investment Research raised shares of Intel from a “hold” rating to a “buy” rating and set a $57.00 target price for the company in a research report on Wednesday, June 27th. Finally, Goldman Sachs Group reissued a “neutral” rating and set a $53.00 target price on shares of Intel in a research report on Wednesday, June 27th. Six equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and twenty-one have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $54.89. Read more …

Raymond James upgraded shares of Occidental Petroleum (NYSE:OXY) from an outperform rating to a strong-buy rating in a research report sent to investors on Monday, MarketBeat Ratings reports. The analysts noted that the move was a valuation call. Other analysts have also recently issued reports about the stock. Mizuho reaffirmed a buy rating on shares of Occidental Petroleum in a research note on Tuesday, July 24th. JPMorgan Chase & Co. decreased their price target on Occidental Petroleum from $94.00 to $90.00 and set a neutral rating on the stock in a research report on Friday, August 10th. Mitsubishi UFJ Financial Group decreased their price target on Occidental Petroleum to $92.00 and set a neutral rating on the stock in a research report on Tuesday, October 16th. Piper Jaffray Companies assumed coverage on Occidental Petroleum in a research report on Friday, September 28th. They set an overweight rating on the stock. Finally, National Alliance Securities upgraded Occidental Petroleum from a hold rating to a buy rating in a research report on Monday, August 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Occidental Petroleum has an average rating of Buy and an average target price of $84.06. Read more …

VF (NYSE:VFC) was upgraded by research analysts at Wedbush from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, The Fly reports. The analysts noted that the move was a valuation call. VFC has been the topic of several other research reports. Royal Bank of Canada reiterated a “buy” rating and issued a $105.00 price target on shares of VF in a research note on Thursday, July 26th. Bank of America upgraded VF from an “underperform” rating to a “buy” rating and set a $96.00 price target on the stock in a research note on Friday, July 13th. Goldman Sachs Group initiated coverage on VF in a research note on Monday, June 25th. They issued a “buy” rating and a $96.00 price target on the stock. Buckingham Research cut their price target on VF from $89.00 to $86.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 17th. Finally, JPMorgan Chase & Co. upgraded VF from a “neutral” rating to an “overweight” rating and set a $78.00 price target on the stock in a research note on Monday, July 16th. Eight analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $94.71. Read more …


Goldman Sachs Group upgraded shares of Lockheed Martin (NYSE:LMT) from a neutral rating to a conviction-buy rating in a report issued on Wednesday morning, Marketbeat reports. The brokerage currently has $394.00 target price on the aerospace company’s stock, up from their previous target price of $391.00. Other analysts have also recently issued research reports about the company. Berenberg Bank raised Lockheed Martin from a hold rating to a buy rating in a report on Thursday, July 26th. Bank of America raised their price target on Lockheed Martin from $400.00 to $412.00 and gave the company a buy rating in a report on Wednesday, July 25th. Stifel Nicolaus lowered their price target on Lockheed Martin from $400.00 to $370.00 and set a buy rating on the stock in a report on Wednesday, July 25th. Zacks Investment Research upgraded Lockheed Martin from a hold rating to a buy rating and set a $343.00 price objective on the stock in a research report on Wednesday, July 11th. Finally, UBS Group began coverage on Lockheed Martin in a research report on Wednesday, August 15th. They set a buy rating and a $400.00 price objective on the stock. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of $376.49. Read more …


Pentair (NYSE:PNR) was upgraded by research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research report issued on Wednesday, MarketBeat Ratings reports. The firm presently has a $45.00 price target on the industrial products company’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 15.80% from the company’s current price. Several other research analysts have also issued reports on PNR. Zacks Investment Research upgraded Pentair from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 3rd. Royal Bank of Canada restated a “hold” rating and set a $48.00 target price on shares of Pentair in a research report on Friday, July 13th. Robert W. Baird reiterated a “hold” rating and issued a $44.00 price target on shares of Pentair in a report on Friday, July 20th. ValuEngine upgraded Pentair from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 24th. Finally, Barclays reiterated a “sell” rating and issued a $39.00 price target on shares of Pentair in a report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. Pentair currently has an average rating of “Hold” and an average price target of $56.00. Read more …

Caterpillar (NYSE:CAT) was upgraded by stock analysts at DZ Bank to a “hold” rating in a report issued on Wednesday. The brokerage presently has a $119.00 price target on the industrial products company’s stock. DZ Bank’s price target indicates a potential upside of 2.91% from the company’s previous close. A number of other analysts have also issued reports on CAT. Robert W. Baird set a $171.00 target price on Caterpillar and gave the company a “buy” rating in a report on Wednesday. Barclays reaffirmed a “hold” rating on shares of Caterpillar in a report on Wednesday. Credit Suisse Group lowered their target price on Caterpillar from $210.00 to $183.00 and set an “outperform” rating on the stock in a report on Wednesday. Royal Bank of Canada lowered their target price on Caterpillar to $142.00 and set a “market perform” rating on the stock in a report on Wednesday. Finally, Macquarie set a $105.00 price objective on shares of Caterpillar and gave the stock a “sell” rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $159.69. Read more …

TD Securities upgraded shares of Norfolk Southern (NYSE:NSC) from a hold rating to a buy rating in a report published on Thursday morning, Marketbeat.com reports. The analysts noted that the move was a valuation call. A number of other research analysts have also recently weighed in on NSC. Scotiabank restated a buy rating and set a $168.00 target price on shares of Norfolk Southern in a research note on Wednesday, July 4th. Royal Bank of Canada restated a hold rating and set a $158.00 target price on shares of Norfolk Southern in a research note on Friday, July 13th. Cowen restated a buy rating and set a $188.00 target price on shares of Norfolk Southern in a research note on Wednesday, July 25th. Loop Capital upgraded shares of Norfolk Southern from a sell rating to a hold rating and set a $135.00 target price on the stock in a research note on Thursday, July 26th. Finally, Stifel Nicolaus lifted their target price on shares of Norfolk Southern from $159.00 to $176.00 and gave the company a hold rating in a research note on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $174.30. Read more …


Downgrades:



Citigroup cut shares of Bristol-Myers Squibb (NYSE:BMY) from a buy rating to a neutral rating in a report issued on Monday morning, MarketBeat.com reports. Citigroup currently has $57.00 price objective on the biopharmaceutical company’s stock, down from their prior price objective of $62.00. A number of other equities research analysts have also recently commented on the company. Credit Suisse Group reissued a hold rating and set a $61.00 price target on shares of Bristol-Myers Squibb in a report on Wednesday, September 12th. JPMorgan Chase & Co. raised their price target on Bristol-Myers Squibb from $70.00 to $74.00 and gave the company an overweight rating in a report on Monday, October 8th. Zacks Investment Research cut Bristol-Myers Squibb from a buy rating to a hold rating in a report on Monday, October 1st. Atlantic Securities raised Bristol-Myers Squibb from an underweight rating to a neutral rating and set a $57.00 price target on the stock in a report on Wednesday, August 8th. Finally, SunTrust Banks reissued a buy rating and set a $67.00 price target on shares of Bristol-Myers Squibb in a report on Tuesday, July 31st. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $62.29. Read more …

Bank Ozk (NASDAQ:OZK) was downgraded by Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Monday, MarketBeat reports. They presently have a $32.00 price target on the stock, down from their prior price target of $52.00. Morgan Stanley’s price target suggests a potential upside of 27.19% from the company’s current price. A number of other equities research analysts also recently commented on OZK. TheStreet downgraded Bank Ozk from a “b-” rating to a “c+” rating in a research report on Friday, October 12th. Stephens reiterated a “hold” rating and issued a $48.00 target price on shares of Bank Ozk in a research report on Thursday, October 18th. ValuEngine downgraded Bank Ozk from a “sell” rating to a “strong sell” rating in a research report on Thursday, September 13th. Brean Capital reiterated a “buy” rating on shares of Bank Ozk in a research report on Monday, August 27th. Finally, Raymond James downgraded Bank Ozk from an “outperform” rating to a “market perform” rating in a research report on Friday, October 19th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $36.29. Read more …

Union Pacific (NYSE:UNP) was downgraded by research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report issued on Monday, The Fly reports. Several other equities analysts have also recently issued reports on the company. Bank of America cut Union Pacific from a “buy” rating to a “neutral” rating and set a $164.00 price objective for the company. in a report on Thursday. Barclays reissued a “buy” rating and issued a $180.00 price objective on shares of Union Pacific in a report on Wednesday, September 26th. BMO Capital Markets boosted their price objective on Union Pacific to $180.00 and gave the company an “outperform” rating in a report on Thursday, September 20th. Credit Suisse Group boosted their price objective on Union Pacific from $167.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, September 20th. Finally, UBS Group boosted their price objective on Union Pacific from $161.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, September 20th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Hold” and an average target price of $160.22. Read more …


Stifel Nicolaus lowered shares of Yum! Brands (NYSE:YUM) from a buy rating to a hold rating in a report released on Tuesday, The Fly reports. Several other research firms have also recently issued reports on YUM. UBS Group set a $99.00 target price on shares of Yum! Brands and gave the stock a buy rating in a research note on Monday, September 10th. BTIG Research upgraded shares of Yum! Brands from a neutral rating to a buy rating in a research note on Wednesday, June 27th. They noted that the move was a valuation call. BMO Capital Markets reiterated a hold rating and issued a $88.00 target price on shares of Yum! Brands in a research note on Friday, August 3rd. Zacks Investment Research cut shares of Yum! Brands from a buy rating to a hold rating in a research note on Thursday, October 18th. Finally, KeyCorp initiated coverage on shares of Yum! Brands in a research note on Wednesday, October 3rd. They issued a sector weight rating on the stock. Fourteen research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $88.56. Read more …

United Parcel Service (NYSE:UPS) was downgraded by research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued on Thursday, The Fly reports. A number of other research firms have also recently issued reports on UPS. Goldman Sachs Group set a $150.00 target price on United Parcel Service and gave the stock a “buy” rating in a report on Monday, September 10th. Raymond James upgraded United Parcel Service from a “market perform” rating to a “strong-buy” rating and set a $150.00 target price for the company in a report on Tuesday, September 4th. Stephens set a $128.00 target price on United Parcel Service and gave the stock a “hold” rating in a report on Wednesday, July 25th. BMO Capital Markets increased their target price on United Parcel Service to $128.00 and gave the stock a “market perform” rating in a report on Thursday, July 26th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $125.00 target price on shares of United Parcel Service in a report on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $125.33. Read more …

Iron Mountain (NYSE:IRM) was downgraded by investment analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued on Friday, The Fly reports. IRM has been the subject of a number of other research reports. Barclays started coverage on Iron Mountain in a research report on Wednesday, July 18th. They set an “equal weight” rating and a $39.00 price target for the company. ValuEngine cut Iron Mountain from a “hold” rating to a “sell” rating in a research report on Friday, October 12th. Zacks Investment Research raised Iron Mountain from a “sell” rating to a “hold” rating in a report on Monday, October 8th. Credit Suisse Group started coverage on Iron Mountain in a report on Friday, August 10th. They set an “underperform” rating and a $25.00 target price for the company. Finally, Berenberg Bank started coverage on Iron Mountain in a report on Thursday, September 20th. They set a “buy” rating and a $52.00 target price for the company. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. Iron Mountain currently has an average rating of “Hold” and a consensus price target of $38.83. Read more …




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