Notable Analyst Upgrades and Downgrades for Week of November 5, 2018


Upgrades:


Credit Suisse Group upgraded shares of Chevron (NYSE:CVX) from a neutral rating to an outperform rating in a research report released on Monday, MarketBeat reports. Credit Suisse Group currently has $138.00 price objective on the oil and gas company’s stock. Several other brokerages have also recently commented on CVX. ValuEngine cut Chevron from a buy rating to a hold rating in a research report on Thursday, August 2nd. Zacks Investment Research raised Chevron from a hold rating to a buy rating and set a $137.00 price target for the company in a research report on Monday, October 1st. Redburn Partners cut Chevron from a buy rating to a neutral rating and reduced their price target for the company from $130.00 to $115.00 in a research report on Wednesday, October 3rd. Piper Jaffray Companies reissued an overweight rating on shares of Chevron in a research report on Tuesday, October 23rd. Finally, Royal Bank of Canada set a $150.00 price target on Chevron and gave the company a hold rating in a research report on Thursday, September 20th. Eight equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Chevron currently has a consensus rating of Buy and a consensus target price of $138.13. Read more …

Consolidated Edison (NYSE:ED) was upgraded by equities research analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued to investors on Monday, The Fly reports. The firm currently has a $73.00 price target on the utilities provider’s stock, up from their prior price target of $72.00. Goldman Sachs Group’s target price indicates a potential downside of 4.00% from the stock’s previous close. ED has been the subject of several other research reports. Morgan Stanley upped their target price on Consolidated Edison from $77.00 to $81.00 and gave the stock a “sell” rating in a research note on Tuesday, September 11th. ValuEngine raised Consolidated Edison from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd. Bank of America upped their target price on Consolidated Edison from $84.50 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Scotiabank assumed coverage on Consolidated Edison in a research note on Tuesday, July 24th. They issued a “sell” rating and a $32.00 target price for the company. Finally, Barclays assumed coverage on Consolidated Edison in a research note on Tuesday, July 10th. They issued an “equal weight” rating and a $81.00 target price for the company. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $77.18. Read more …

Wells Fargo & Co upgraded shares of Enbridge (NYSE:ENB) (TSE:ENB) from a market perform rating to an outperform rating in a research report released on Monday morning, Marketbeat.com reports. A number of other research analysts have also weighed in on ENB. Morgan Stanley raised their price target on shares of Enbridge from $34.00 to $37.00 and gave the company an equal weight rating in a research report on Friday, July 13th. ValuEngine lowered shares of Enbridge from a hold rating to a sell rating in a research report on Thursday, August 2nd. UBS Group assumed coverage on shares of Enbridge in a research report on Thursday, October 4th. They set a buy rating on the stock. Zacks Investment Research raised shares of Enbridge from a hold rating to a buy rating and set a $38.00 price target on the stock in a research report on Monday, October 8th. Finally, Citigroup reissued a neutral rating on shares of Enbridge in a research report on Monday, September 24th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Enbridge currently has a consensus rating of Buy and a consensus price target of $49.17. Read more …

National-Oilwell Varco (NYSE:NOV) was upgraded by analysts at Tudor Pickering from a “hold” rating to a “buy” rating in a research report issued on Monday, MarketBeat.com reports. NOV has been the subject of several other reports. R. F. Lafferty upgraded shares of National-Oilwell Varco from a “hold” rating to a “buy” rating and raised their target price for the company from $41.00 to $51.00 in a research note on Tuesday, August 21st. Edward Jones downgraded shares of National-Oilwell Varco from a “buy” rating to a “hold” rating in a research note on Tuesday, September 4th. Morgan Stanley started coverage on shares of National-Oilwell Varco in a research note on Tuesday, September 18th. They issued an “equal weight” rating and a $50.00 target price for the company. Citigroup raised their target price on shares of National-Oilwell Varco from $39.00 to $45.00 and gave the company a “neutral” rating in a research note on Wednesday, July 11th. Finally, Cowen reiterated a “hold” rating and issued a $45.00 target price on shares of National-Oilwell Varco in a research note on Friday, October 12th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $43.27. Read more …

Raymond James upgraded shares of Main Street Capital (NYSE:MAIN) from a market perform rating to an outperform rating in a report published on Monday, MarketBeat Ratings reports. The firm currently has $41.00 price target on the financial services provider’s stock. The analysts noted that the move was a valuation call. Several other brokerages also recently weighed in on MAIN. National Securities increased their price target on shares of Main Street Capital from $35.00 to $38.00 and gave the stock a neutral rating in a report on Wednesday, August 8th. SunTrust Banks reiterated a hold rating and issued a $40.00 price target on shares of Main Street Capital in a report on Friday, August 3rd. Zacks Investment Research downgraded shares of Main Street Capital from a hold rating to a sell rating in a report on Tuesday, July 10th. Finally, Janney Montgomery Scott set a $35.00 price target on shares of Main Street Capital and gave the stock a hold rating in a report on Friday, November 2nd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $39.50. Read more …

Raymond James upgraded shares of Noble Energy (NYSE:NBL) from a market perform rating to an outperform rating in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. Other equities research analysts have also issued research reports about the stock. Citigroup dropped their price objective on shares of Noble Energy from $44.00 to $42.00 and set a buy rating on the stock in a research note on Monday, August 13th. Morgan Stanley dropped their price objective on shares of Noble Energy from $39.00 to $36.00 and set a hold rating on the stock in a research note on Thursday, August 16th. Jefferies Financial Group set a $46.00 price objective on shares of Noble Energy and gave the stock a buy rating in a research note on Tuesday, August 7th. Oppenheimer began coverage on shares of Noble Energy in a research note on Wednesday, October 3rd. They set a market perform rating and a $43.00 price objective on the stock. Finally, Stifel Nicolaus set a $40.00 price objective on shares of Noble Energy and gave the stock a buy rating in a research note on Friday, August 3rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twenty-one have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus target price of $41.96. Read more …

Archer Daniels Midland (NYSE:ADM) was upgraded by stock analysts at Argus from a “hold” rating to a “buy” rating in a research report issued on Thursday, The Fly reports. Several other equities research analysts have also commented on ADM. Cleveland Research reiterated a “hold” rating on shares of Archer Daniels Midland in a research report on Monday, October 1st. Stephens reiterated an “overweight” rating on shares of Archer Daniels Midland in a research report on Thursday, August 16th. Morgan Stanley boosted their price objective on shares of Archer Daniels Midland from $33.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, August 3rd. BMO Capital Markets boosted their price objective on shares of Archer Daniels Midland from $45.00 to $50.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 1st. Finally, Buckingham Research boosted their price objective on shares of Archer Daniels Midland from $53.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, August 1st. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $49.36. Read more …

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a note issued to investors on Friday. The brokerage presently has a $50.00 price objective on the financial services provider’s stock. Credit Suisse Group’s price objective suggests a potential upside of 16.93% from the stock’s current price. A number of other research analysts also recently weighed in on the stock. BMO Capital Markets initiated coverage on shares of Brookfield Asset Management in a report on Thursday, September 20th. They set an “outperform” rating and a $54.00 price target on the stock. Royal Bank of Canada raised their price target on shares of Brookfield Asset Management from $46.00 to $47.00 and gave the company an “outperform” rating in a report on Friday, August 10th. Finally, Scotiabank restated a “buy” rating and set a $50.50 price target on shares of Brookfield Asset Management in a report on Tuesday, August 7th. Six analysts have rated the stock with a buy rating. Brookfield Asset Management has a consensus rating of “Buy” and an average price target of $51.42. Read more …


Downgrades:


Viacom (NASDAQ:VIAB) was downgraded by research analysts at UBS Group from a “buy” rating to a “neutral” rating in a research note issued to investors on Monday, The Fly reports. Several other equities research analysts also recently issued reports on the company. ValuEngine downgraded Viacom from a “hold” rating to a “sell” rating in a report on Friday. BidaskClub downgraded Viacom from a “buy” rating to a “hold” rating in a report on Saturday, October 27th. Zacks Investment Research downgraded Viacom from a “buy” rating to a “hold” rating in a report on Monday, October 15th. Morgan Stanley reiterated an “equal weight” rating and set a $34.00 price objective on shares of Viacom in a report on Monday, October 15th. Finally, B. Riley upgraded Viacom from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $34.00 to $39.00 in a report on Wednesday, September 26th. Three investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $34.70. Read more …





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


Analysis Collection


Comments