Notable Analyst Upgrades and Downgrades for Week of January 14, 2019



Upgrades:


Citigroup upgraded shares of Emerson Electric (NYSE:EMR) from a sell rating to a neutral rating in a research report released on Monday, MarketBeat.com reports. Citigroup currently has $66.00 price target on the industrial products company’s stock. Other equities analysts also recently issued reports about the stock. Barclays boosted their target price on shares of Emerson Electric from $85.00 to $88.00 and gave the stock an overweight rating in a report on Monday, September 24th. Cowen restated a buy rating and set a $81.00 target price on shares of Emerson Electric in a report on Wednesday, September 19th. Zacks Investment Research upgraded shares of Emerson Electric from a sell rating to a hold rating in a report on Tuesday, January 8th. Bank of America boosted their target price on shares of Emerson Electric from $82.00 to $90.00 and gave the stock a buy rating in a report on Thursday, October 4th. Finally, Berenberg Bank set a $67.00 target price on shares of Emerson Electric and gave the stock a hold rating in a report on Monday, November 19th. Eleven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $74.86. Read more …

Wells Fargo & Co upgraded shares of Sherwin-Williams (NYSE:SHW) from a market perform rating to an outperform rating in a research note released on Monday morning, MarketBeat reports. The firm currently has $475.00 target price on the specialty chemicals company’s stock. Several other research firms have also recently weighed in on SHW. Gabelli assumed coverage on shares of Sherwin-Williams in a research report on Friday, September 21st. They issued a buy rating and a $553.00 price objective on the stock. Seaport Global Securities cut shares of Sherwin-Williams from a buy rating to a neutral rating in a research report on Monday, September 17th. They noted that the move was a valuation call. ValuEngine cut shares of Sherwin-Williams from a buy rating to a hold rating in a research report on Wednesday, October 3rd. Citigroup cut shares of Sherwin-Williams from a buy rating to a neutral rating and decreased their price objective for the stock from $492.00 to $435.00 in a research report on Wednesday, October 10th. Finally, Longbow Research assumed coverage on shares of Sherwin-Williams in a research report on Friday, November 30th. They issued a neutral rating on the stock. Nine equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of $459.85. Read more …

Credit Suisse Group upgraded shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) from a neutral rating to an outperform rating in a research report report published on Tuesday morning, Marketbeat Ratings reports. Credit Suisse Group currently has $95.00 target price on the transportation company’s stock, up from their previous target price of $90.00. Several other research analysts have also recently issued reports on CNI. Zacks Investment Research cut shares of Canadian National Railway from a buy rating to a hold rating in a report on Friday, October 26th. Raymond James restated a buy rating on shares of Canadian National Railway in a report on Tuesday, December 11th. Barclays restated a hold rating and issued a $88.00 target price on shares of Canadian National Railway in a report on Wednesday, September 26th. BMO Capital Markets restated a hold rating on shares of Canadian National Railway in a report on Sunday, December 16th. Finally, Deutsche Bank raised their target price on shares of Canadian National Railway from $96.00 to $101.00 and gave the stock a buy rating in a report on Monday, December 3rd. Eleven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $92.35. Read more …


W W Grainger (NYSE:GWW) was upgraded by research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm currently has a $281.21 price target on the industrial products company’s stock. Macquarie’s price target indicates a potential downside of 2.63% from the stock’s current price. A number of other research analysts have also commented on GWW. Oppenheimer upped their target price on W W Grainger from $400.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday, September 21st. Gordon Haskett started coverage on W W Grainger in a research note on Friday, October 12th. They issued a “hold” rating for the company. ValuEngine lowered W W Grainger from a “buy” rating to a “hold” rating in a research note on Wednesday, October 17th. BMO Capital Markets cut their target price on W W Grainger from $332.00 to $330.00 and set a “market perform” rating for the company in a research note on Wednesday, October 17th. Finally, Longbow Research restated a “hold” rating on shares of W W Grainger in a research note on Wednesday, October 17th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $301.37. Read more …


Citigroup upgraded shares of Accenture (NYSE:ACN) from a neutral rating to a buy rating in a report published on Wednesday morning, Marketbeat.com reports. The firm currently has $169.00 price target on the information technology services provider’s stock, up from their previous price target of $161.00. A number of other equities analysts also recently weighed in on ACN. Zacks Investment Research downgraded shares of Accenture from a hold rating to a sell rating in a report on Wednesday, November 28th. UBS Group set a $180.00 price objective on Accenture and gave the company a hold rating in a research note on Wednesday, September 26th. Cantor Fitzgerald restated a buy rating and set a $193.00 target price on shares of Accenture in a report on Thursday, December 13th. SunTrust Banks increased their price objective on Accenture to $178.00 and gave the stock a hold rating in a report on Monday, October 1st. Finally, KeyCorp reissued a buy rating and issued a $173.00 target price on shares of Accenture in a research report on Friday, December 21st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. Accenture currently has an average rating of Buy and a consensus price target of $173.84. Read more …

Credit Suisse Group upgraded shares of AbbVie (NYSE:ABBV) to a hold rating in a report published on Thursday morning. They currently have $79.00 price target on the stock. ABBV has been the topic of a number of other reports. Zacks Investment Research upgraded AbbVie from a hold rating to a buy rating and set a $100.00 price objective on the stock in a research report on Tuesday, January 8th. Bank of America cut AbbVie from a buy rating to a neutral rating in a research report on Thursday, January 3rd. Standpoint Research started coverage on AbbVie in a research report on Wednesday, December 26th. They set a buy rating on the stock. Morgan Stanley set a $88.00 price objective on AbbVie and gave the company a hold rating in a research report on Thursday, December 20th. Finally, ValuEngine upgraded AbbVie from a sell rating to a hold rating in a research report on Monday, November 12th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. AbbVie has an average rating of Hold and an average target price of $101.74. Read more …

Cowen upgraded shares of Halliburton (NYSE:HAL) from a market perform rating to an outperform rating in a research report sent to investors on Thursday, Marketbeat reports. They currently have $35.00 price target on the oilfield services company’s stock, down from their prior price target of $45.00. Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Halliburton from a hold rating to a strong sell rating in a research report on Friday, January 11th. Wells Fargo & Co reissued a buy rating on shares of Halliburton in a research note on Sunday, January 6th. Citigroup set a $45.00 target price on shares of Halliburton and gave the stock a buy rating in a report on Friday, November 30th. UBS Group set a $50.00 price objective on shares of Halliburton and gave the company a buy rating in a research note on Tuesday, October 23rd. Finally, Wolfe Research started coverage on shares of Halliburton in a report on Wednesday, October 10th. They set an outperform rating for the company. Two analysts have rated the stock with a sell rating, four have issued a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the company. Halliburton has an average rating of Buy and an average price target of $49.68. Read more …

Kimberly Clark (NYSE:KMB) was upgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Friday, The Fly reports. A number of other equities analysts also recently issued reports on KMB. Zacks Investment Research downgraded Kimberly Clark from a “buy” rating to a “hold” rating in a research note on Tuesday. ValuEngine downgraded Kimberly Clark from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Barclays set a $104.00 price target on Kimberly Clark and gave the company a “hold” rating in a research note on Monday, October 1st. Citigroup lifted their price target on Kimberly Clark from $93.00 to $95.00 and gave the company a “sell” rating in a research note on Wednesday, October 24th. Finally, Morgan Stanley set a $107.00 price target on Kimberly Clark and gave the company a “sell” rating in a research note on Thursday, December 20th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $106.14. Read more …

Valero Energy (NYSE:VLO) was upgraded by Macquarie from a “neutral” rating to an “outperform” rating in a report issued on Friday, The Fly reports. A number of other brokerages have also recently commented on VLO. Morgan Stanley dropped their price objective on shares of Valero Energy from $135.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, November 20th. Citigroup dropped their price objective on shares of Valero Energy from $134.00 to $132.00 and set a “buy” rating for the company in a research note on Tuesday, October 16th. ValuEngine cut shares of Valero Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, November 13th. Zacks Investment Research raised shares of Valero Energy from a “strong sell” rating to a “hold” rating in a research note on Saturday, January 5th. Finally, Raymond James dropped their price objective on shares of Valero Energy from $141.00 to $117.00 and set an “outperform” rating for the company in a research note on Friday, October 26th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $117.29. Read more …

Downgrades:


Citigroup downgraded shares of Franklin Resources (NYSE:BEN) from a neutral rating to a sell rating in a report published on Monday morning, Marketbeat.com reports. Several other research firms have also recently weighed in on BEN. Deutsche Bank lowered their price target on Franklin Resources from $30.00 to $29.00 and set a hold rating on the stock in a report on Friday, November 16th. Zacks Investment Research raised Franklin Resources from a sell rating to a hold rating in a report on Wednesday, September 26th. Bank of America cut Franklin Resources from a neutral rating to an underperform rating in a report on Friday. Evercore ISI cut Franklin Resources from an in-line rating to an underperform rating and set a $30.19 price target on the stock. in a report on Tuesday, January 8th. Finally, Barclays reaffirmed a sell rating and issued a $23.00 target price on shares of Franklin Resources in a report on Thursday, January 10th. Nine equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Franklin Resources has an average rating of Sell and a consensus price target of $29.56. Read more …

Chevron (NYSE:CVX) was downgraded by equities researchers at HSBC from a “buy” rating to a “hold” rating in a research note issued to investors on Monday, The Fly reports. CVX has been the topic of several other reports. Raymond James set a $135.00 price target on shares of Chevron and gave the stock a “buy” rating in a report on Thursday, December 20th. Royal Bank of Canada reiterated a “hold” rating and issued a $130.00 target price on shares of Chevron in a research note on Monday, January 7th. Zacks Investment Research cut shares of Chevron from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 3rd. Goldman Sachs Group upgraded shares of Chevron from a “buy” rating to a “conviction-buy” rating in a research note on Tuesday, October 2nd. Finally, Bank of America reiterated a “neutral” rating and issued a $140.00 target price (up from $135.00) on shares of Chevron in a research note on Monday, November 5th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Chevron has a consensus rating of “Buy” and a consensus price target of $135.59. Read more …


Delta Air Lines (NYSE:DAL) was downgraded by equities researchers at Bank of America from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They currently have a $51.00 target price on the transportation company’s stock, down from their previous target price of $62.00. Bank of America‘s price objective indicates a potential upside of 7.98% from the company’s current price. Other equities analysts have also issued research reports about the stock. Imperial Capital raised their price objective on shares of Delta Air Lines from $76.00 to $83.00 and gave the company an “outperform” rating in a research report on Tuesday, December 4th. Buckingham Research cut their price objective on shares of Delta Air Lines from $71.00 to $67.00 and set a “buy” rating on the stock in a research report on Wednesday, October 10th. Morgan Stanley set a $65.00 price target on shares of Delta Air Lines and gave the company a “buy” rating in a research report on Friday, October 5th. Citigroup started coverage on shares of Delta Air Lines in a research report on Wednesday, November 28th. They issued a “positive” rating and a $69.00 price target on the stock. Finally, Goldman Sachs Group started coverage on shares of Delta Air Lines in a research report on Monday, November 12th. They issued a “neutral” rating and a $64.00 price target on the stock. Four research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $67.38. Read more …

Citigroup lowered shares of Illinois Tool Works (NYSE:ITW) from a buy rating to a neutral rating in a research note released on Monday morning, MarketBeat reports. Citigroup currently has $144.00 price objective on the industrial products company’s stock. A number of other equities research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. cut shares of Illinois Tool Works from a neutral rating to an underweight rating and set a $120.00 price target for the company. in a research report on Thursday, January 10th. Morgan Stanley cut shares of Illinois Tool Works from an equal weight rating to an underweight rating and dropped their price objective for the company from $131.00 to $115.00 in a report on Tuesday, December 18th. Deutsche Bank cut shares of Illinois Tool Works from a hold rating to a sell rating and dropped their price objective for the company from $133.00 to $125.00 in a report on Sunday, December 16th. Credit Suisse Group restated a hold rating and issued a $131.00 price objective on shares of Illinois Tool Works in a report on Friday, December 7th. Finally, ValuEngine upgraded shares of Illinois Tool Works from a sell rating to a hold rating in a report on Tuesday, November 13th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $143.69. Read more …

PPL (NYSE:PPL) was downgraded by equities research analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a $28.00 price target on the utilities provider’s stock, down from their previous price target of $29.00. Bank of America‘s price objective would indicate a potential downside of 3.51% from the company’s current price. Other equities analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of PPL from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. Wells Fargo & Co lifted their price target on shares of PPL from $32.00 to $33.00 and gave the stock a “market perform” rating in a research note on Monday, September 17th. ValuEngine raised shares of PPL from a “sell” rating to a “hold” rating in a research note on Wednesday, November 21st. Finally, Desjardins reaffirmed an “average” rating and set a $52.00 price target on shares of PPL in a research note on Monday, January 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $34.75. Read more …

Anheuser Busch Inbev (NYSE:BUD) was downgraded by Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research report issued on Wednesday, The Fly reports. BUD has been the topic of a number of other reports. Zacks Investment Research lowered shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Wednesday, September 26th. Goldman Sachs Group lowered shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research note on Friday, January 4th. Royal Bank of Canada raised shares of Anheuser Busch Inbev from a “sector perform” rating to an “outperform” rating and set a $102.29 price objective on the stock in a research note on Monday, October 29th. They noted that the move was a valuation call. Macquarie lowered shares of Anheuser Busch Inbev from an “outperform” rating to a “neutral” rating and set a $75.00 price objective on the stock. in a research note on Wednesday, October 31st. Finally, Argus lowered shares of Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a research note on Monday, November 12th. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $110.95. Read more …

Devon Energy (NYSE:DVN) was downgraded by research analysts at Barclays from an “overweight” rating to an “equal weight” rating in a report issued on Wednesday, The Fly reports. Other equities analysts also recently issued research reports about the company. Seaport Global Securities reissued a “buy” rating on shares of Devon Energy in a research report on Wednesday, October 17th. Mizuho set a $31.00 price target on Devon Energy and gave the stock a “hold” rating in a research report on Wednesday, November 28th. Zacks Investment Research downgraded Devon Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, October 17th. Stephens assumed coverage on Devon Energy in a research report on Thursday, December 6th. They set an “overweight” rating and a $50.00 price target for the company. Finally, Capital One Financial downgraded Devon Energy from an “overweight” rating to an “underweight” rating in a research report on Thursday, December 20th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and sixteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $47.22. Read more …

Consolidated Edison (NYSE:ED) was downgraded by research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued to investors on Friday, The Fly reports. Several other research analysts have also issued reports on the company. Zacks Investment Research lowered Consolidated Edison from a “hold” rating to a “sell” rating in a research report on Thursday, October 4th. Citigroup boosted their price objective on shares of Consolidated Edison from $79.00 to $80.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 16th. Barclays boosted their price objective on shares of Consolidated Edison from $79.00 to $83.00 and gave the stock a “hold” rating in a research note on Monday, November 19th. UBS Group upped their price target on Consolidated Edison from $83.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, September 21st. Finally, ValuEngine downgraded Consolidated Edison from a “hold” rating to a “sell” rating in a research report on Wednesday, September 26th. Five research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $76.30. Read more …



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