Notable Analyst Upgrades and Downgrades for Week of January 21, 2019



Upgrades:


Royal Bank of Canada upgraded shares of Anheuser Busch Inbev (NYSE:BUD) from an outperform rating to a top pick rating in a report released on Tuesday morning, Marketbeat reports. Other analysts have also issued reports about the company. Jefferies Financial Group lowered Anheuser Busch Inbev from a hold rating to an underperform rating and set a $62.00 price objective for the company. in a report on Wednesday, January 16th. Argus lowered Anheuser Busch Inbev from a buy rating to a hold rating in a report on Monday, November 12th. Macquarie set a $92.00 price objective on Anheuser Busch Inbev and gave the stock a buy rating in a report on Tuesday, October 16th. Goldman Sachs Group lowered Anheuser Busch Inbev from a buy rating to a neutral rating in a report on Friday, January 4th. Finally, Zacks Investment Research lowered Anheuser Busch Inbev from a hold rating to a sell rating in a report on Thursday, January 17th. Five research analysts have rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $106.06. Read more …

Cowen upgraded shares of Nike (NYSE:NKE) from a market perform rating to an outperform rating in a report published on Tuesday morning, MarketBeat reports. The brokerage currently has $90.00 price objective on the footwear maker’s stock, up from their previous price objective of $80.00. A number of other research firms have also weighed in on NKE. Stifel Nicolaus upped their target price on shares of Nike from $90.00 to $96.00 and gave the stock a buy rating in a research note on Monday, September 24th. Morgan Stanley upped their target price on shares of Nike from $88.00 to $103.00 and gave the stock an overweight rating in a research note on Wednesday, September 26th. Citigroup upped their target price on shares of Nike from $87.00 to $94.00 and gave the stock a buy rating in a research note on Wednesday, September 26th. Piper Jaffray Companies set a $93.00 target price on shares of Nike and gave the stock a buy rating in a research note on Wednesday, September 26th. Finally, Deutsche Bank cut their target price on shares of Nike from $92.00 to $91.00 and set a buy rating on the stock in a research note on Wednesday, September 26th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-four have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $83.43. Read more …

D. R. Horton (NYSE:DHI) was upgraded by equities researchers at Mizuho from a “neutral” rating to a “buy” rating in a report issued on Wednesday, Marketbeat.com reports. The brokerage presently has a $45.00 target price on the construction company’s stock, up from their previous target price of $40.00. Mizuho’s price target points to a potential upside of 17.49% from the company’s previous close. Other research analysts have also recently issued reports about the company. Wedbush set a $43.00 price target on D. R. Horton and gave the company a “buy” rating in a research report on Friday, November 9th. BTIG Research reduced their price target on D. R. Horton to $52.00 and set a “buy” rating for the company in a research report on Friday, November 9th. Barclays reissued a “buy” rating and set a $41.00 price target on shares of D. R. Horton in a research report on Friday, November 9th. Credit Suisse Group set a $45.00 price target on D. R. Horton and gave the company a “buy” rating in a research report on Wednesday, October 17th. Finally, Bank of America set a $65.00 price target on D. R. Horton and gave the company a “buy” rating in a research report on Thursday, October 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company’s stock. D. R. Horton presently has an average rating of “Buy” and an average target price of $46.43. Read more …

Stephens upgraded shares of International Paper (NYSE:IP) from an equal weight rating to an overweight rating in a research note released on Wednesday, Marketbeat.com reports. The brokerage currently has $60.00 target price on the basic materials company’s stock, up from their prior target price of $50.00. A number of other brokerages have also recently issued reports on IP. Wells Fargo & Co cut shares of International Paper from an outperform rating to a market perform rating in a report on Wednesday, January 9th. Zacks Investment Research cut shares of International Paper from a buy rating to a hold rating in a report on Wednesday, December 5th. BMO Capital Markets cut shares of International Paper from an outperform rating to a market perform rating and dropped their target price for the company from $66.00 to $51.00 in a report on Tuesday, October 9th. Deutsche Bank dropped their target price on shares of International Paper from $55.00 to $46.00 and set a hold rating for the company in a report on Thursday, January 17th. Finally, ValuEngine cut shares of International Paper from a sell rating to a strong sell rating in a report on Wednesday, October 3rd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. International Paper presently has an average rating of Hold and an average target price of $56.57. Read more …



Walmart (NYSE:WMT) was upgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Wednesday, MarketBeat.com reports. The firm currently has a $110.00 target price on the retailer’s stock, up from their previous target price of $107.00. Morgan Stanley’s target price indicates a potential upside of 11.83% from the company’s previous close. A number of other research firms also recently commented on WMT. JPMorgan Chase & Co. boosted their target price on Walmart to $108.00 and gave the stock a “neutral” rating in a research report on Monday, October 8th. Deutsche Bank upgraded Walmart from a “hold” rating to a “buy” rating and boosted their target price for the stock from $89.00 to $113.00 in a research report on Tuesday, October 9th. Guggenheim reiterated a “buy” rating and issued a $110.00 target price on shares of Walmart in a research report on Tuesday, October 16th. Goldman Sachs Group reiterated a “neutral” rating and issued a $100.00 target price on shares of Walmart in a research report on Wednesday, October 17th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $103.00 target price on shares of Walmart in a research report on Wednesday, October 17th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. Walmart presently has an average rating of “Buy” and a consensus target price of $104.86. Read more …

Morgan Stanley upgraded shares of Kimberly Clark (NYSE:KMB) from an underweight rating to an equal weight rating in a research note released on Thursday, Marketbeat Ratings reports. Morgan Stanley currently has $113.00 price target on the stock, up from their prior price target of $107.00. Several other research analysts have also recently issued reports on KMB. Barclays set a $104.00 price objective on Kimberly Clark and gave the stock a hold rating in a research note on Monday, October 1st. Goldman Sachs Group lowered Kimberly Clark from a buy rating to a neutral rating and set a $119.00 target price on the stock. in a report on Monday, October 8th. Deutsche Bank lowered Kimberly Clark from a hold rating to a sell rating and set a $99.00 target price on the stock. in a report on Wednesday, October 10th. Wells Fargo & Co raised their target price on Kimberly Clark from $97.00 to $105.00 and gave the stock a market perform rating in a report on Wednesday, October 17th. Finally, Jefferies Financial Group reaffirmed a hold rating and set a $100.00 target price on shares of Kimberly Clark in a report on Monday, October 22nd. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the stock. Kimberly Clark has an average rating of Hold and a consensus target price of $110.00. Read more …

Procter & Gamble (NYSE:PG) was upgraded by equities research analysts at Berenberg Bank from a “sell” rating to a “hold” rating in a report released on Thursday, The Fly reports. Several other equities analysts also recently commented on PG. Bank of America boosted their price target on shares of Procter & Gamble from $82.00 to $89.00 and gave the stock a “neutral” rating in a research note on Thursday, October 4th. Zacks Investment Research downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Monday, October 8th. UBS Group set a $82.00 price target on shares of Procter & Gamble and gave the stock a “hold” rating in a research note on Wednesday, October 17th. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and set a $100.00 price target for the company in a research note on Friday, October 19th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $87.00 price target on shares of Procter & Gamble in a research note on Monday, October 22nd. Twelve investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $94.10. Read more …

Citigroup upgraded shares of Southern (NYSE:SO) from a sell rating to a neutral rating in a research note issued to investors on Thursday, Marketbeat Ratings reports. They currently have $50.00 target price on the utilities provider’s stock, up from their previous target price of $45.00. Several other equities analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Southern from a buy rating to a hold rating in a research report on Thursday, December 6th. ValuEngine upgraded shares of Southern from a sell rating to a hold rating in a research report on Friday, October 19th. Credit Suisse Group lifted their price objective on shares of Southern from $44.00 to $46.00 and gave the stock an underperform rating in a research report on Thursday, December 6th. UBS Group lifted their price objective on shares of Southern from $46.00 to $47.00 and gave the stock a neutral rating in a research report on Monday, October 29th. Finally, Guggenheim reiterated a hold rating and set a $44.00 price objective on shares of Southern in a research report on Monday, January 7th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company’s stock. Southern currently has a consensus rating of Hold and an average price target of $46.64. Read more …

MCCORMICK & CO /SH (NYSE:MKC) was upgraded by analysts at Deutsche Bank from a “sell” rating to a “hold” rating in a research note issued on Friday, The Fly reports. A number of other research firms have also commented on MKC. Credit Suisse Group set a $108.00 target price on shares of MCCORMICK & CO /SH and gave the stock a “buy” rating in a report on Thursday, December 20th. Barclays reaffirmed a “hold” rating and set a $129.00 target price on shares of MCCORMICK & CO /SH in a report on Sunday, September 30th. Jefferies Financial Group reaffirmed a “buy” rating and set a $150.00 target price on shares of MCCORMICK & CO /SH in a report on Wednesday, October 3rd. Zacks Investment Research raised shares of MCCORMICK & CO /SH from a “hold” rating to a “buy” rating and set a $168.00 target price for the company in a report on Monday, December 3rd. Finally, UBS Group set a $130.00 target price on shares of MCCORMICK & CO /SH and gave the stock a “hold” rating in a report on Friday, September 28th. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $130.63. Read more …

Valero Energy (NYSE:VLO) was upgraded by analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued to investors on Friday, MarketBeat.com reports. The firm currently has a $80.00 price target on the oil and gas company’s stock. Goldman Sachs Group’s price target indicates a potential downside of 1.65% from the stock’s previous close. Several other research firms also recently issued reports on VLO. Tudor Pickering downgraded Valero Energy from a “buy” rating to a “hold” rating in a research note on Thursday, October 11th. Morgan Stanley set a $145.00 price target on Valero Energy and gave the stock a “buy” rating in a report on Friday, October 12th. Standpoint Research upgraded Valero Energy from a “hold” rating to a “buy” rating in a report on Friday, October 12th. Citigroup reduced their price objective on Valero Energy from $134.00 to $132.00 and set a “buy” rating for the company in a report on Tuesday, October 16th. Finally, Credit Suisse Group upgraded shares of Valero Energy from a “neutral” rating to an “outperform” rating and dropped their price target for the company from $135.00 to $120.00 in a research report on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $113.21. Read more …


Downgrades:


Bank of America downgraded shares of Dominion Energy (NYSE:D) from a neutral rating to an underperform rating in a research note published on Friday, January 11th, Marketbeat Ratings reports. They currently have $69.00 target price on the utilities provider’s stock, down from their previous target price of $72.00. A number of other brokerages have also issued reports on D. Zacks Investment Research upgraded shares of Dominion Energy from a hold rating to a buy rating and set a $80.00 target price for the company in a research report on Tuesday, September 18th. UBS Group raised shares of Dominion Energy from a neutral rating to a buy rating and increased their price target for the stock from $75.00 to $84.00 in a research report on Thursday, November 29th. JPMorgan Chase & Co. raised shares of Dominion Energy from a neutral rating to an overweight rating and set a $78.00 price target for the company in a research report on Tuesday, October 9th. Wells Fargo & Co increased their price target on shares of Dominion Energy from $73.00 to $80.00 and gave the stock a market perform rating in a research report on Monday, December 17th. Finally, ValuEngine lowered shares of Dominion Energy from a buy rating to a hold rating in a research report on Wednesday, January 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company. Dominion Energy currently has an average rating of Hold and an average target price of $85.91. Read more …

Altria Group (NYSE:MO) was downgraded by investment analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Tuesday, Marketbeat reports. Several other brokerages have also weighed in on MO. ValuEngine lowered Altria Group from a “hold” rating to a “sell” rating in a report on Tuesday, November 13th. Zacks Investment Research lowered Altria Group from a “buy” rating to a “hold” rating in a report on Wednesday, October 10th. Barclays initiated coverage on Altria Group in a report on Friday, December 7th. They set an “overweight” rating and a $64.00 target price for the company. TheStreet lowered Altria Group from a “b-” rating to a “c+” rating in a report on Monday, January 7th. Finally, Argus upped their target price on Altria Group from $70.00 to $71.00 and gave the company a “buy” rating in a report on Monday, October 29th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $66.37. Read more …

Williams-Sonoma (NYSE:WSM) was downgraded by Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report released on Wednesday, MarketBeat reports. They presently have a $51.01 target price on the specialty retailer’s stock. Morgan Stanley’s target price indicates a potential downside of 1.66% from the company’s current price. Several other research analysts also recently weighed in on WSM. Zacks Investment Research downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Monday, October 29th. Buckingham Research dropped their target price on shares of Williams-Sonoma from $64.00 to $55.00 and set a “neutral” rating on the stock in a research report on Friday, November 16th. Stifel Nicolaus reissued a “hold” rating and issued a $60.00 target price on shares of Williams-Sonoma in a research report on Monday, November 19th. Credit Suisse Group set a $55.00 target price on shares of Williams-Sonoma and gave the stock a “sell” rating in a research report on Monday, November 5th. Finally, Royal Bank of Canada lowered their price objective on shares of Williams-Sonoma to $62.00 and set a “hold” rating on the stock in a research report on Friday, November 16th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned a buy rating to the company’s stock. Williams-Sonoma presently has an average rating of “Hold” and a consensus price target of $58.40. Read more …

Merck & Co., Inc. (NYSE:MRK) was downgraded by stock analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued on Wednesday, The Fly reports. MRK has been the subject of several other reports. Credit Suisse Group set a $86.00 price objective on shares of Merck & Co., Inc. and gave the company a “buy” rating in a research report on Thursday, December 13th. Zacks Investment Research raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Friday, January 4th. Morgan Stanley set a $81.00 price objective on shares of Merck & Co., Inc. and gave the company a “buy” rating in a research report on Thursday, December 20th. Citigroup set a $65.00 price objective on shares of Merck & Co., Inc. and gave the company a “hold” rating in a research report on Thursday, December 20th. Finally, ValuEngine raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating in a research report on Thursday, October 18th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Merck & Co., Inc. presently has a consensus rating of “Buy” and a consensus target price of $73.32. Read more …

Pfizer (NYSE:PFE) was downgraded by research analysts at UBS Group from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, 247wallst.com reports. Other research analysts have also issued research reports about the company. Cantor Fitzgerald set a $45.00 target price on Pfizer and gave the company a “buy” rating in a research report on Wednesday, September 26th. ValuEngine upgraded Pfizer from a “hold” rating to a “buy” rating in a research report on Tuesday, October 9th. JPMorgan Chase & Co. set a $46.00 target price on Pfizer and gave the company a “buy” rating in a research report on Monday, October 1st. Morningstar set a $46.00 target price on Pfizer and gave the company a “buy” rating in a research report on Thursday, September 27th. Finally, Atlantic Securities restated a “buy” rating and set a $54.00 target price on shares of Pfizer in a research report on Tuesday, November 27th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and six have given a buy rating to the company. Pfizer presently has an average rating of “Hold” and an average price target of $43.67. Read more …

Guggenheim cut shares of Centurylink (NYSE:CTL) from a neutral rating to a sell rating in a research report released on Thursday, MarketBeat reports. The brokerage currently has $11.00 price target on the technology company’s stock. Several other analysts have also commented on the company. Zacks Investment Research lowered Centurylink from a hold rating to a sell rating in a report on Tuesday, January 15th. TheStreet lowered Centurylink from a b- rating to a c+ rating in a report on Friday, January 4th. ValuEngine lowered Centurylink from a buy rating to a hold rating in a report on Friday, November 23rd. Moffett Nathanson set a $16.00 price objective on Centurylink and gave the company a sell rating in a report on Monday, November 19th. Finally, Oppenheimer dropped their price objective on Centurylink from $24.00 to $22.00 and set an outperform rating on the stock in a report on Friday, November 9th. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $20.50. Read more …

Viacom (NASDAQ:VIAB) was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating in a report released on Thursday, The Fly reports. VIAB has been the subject of several other reports. BidaskClub lowered Viacom from a “hold” rating to a “sell” rating in a report on Thursday. ValuEngine upgraded Viacom from a “sell” rating to a “hold” rating in a report on Tuesday, November 20th. Pivotal Research upgraded Viacom from a “hold” rating to a “buy” rating and lifted their price target for the company from $33.00 to $36.00 in a report on Tuesday, January 15th. Zacks Investment Research upgraded Viacom from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Friday, October 12th. Finally, Barrington Research reiterated a “hold” rating on shares of Viacom in a report on Monday, November 19th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $34.68. Read more …

Intel (NASDAQ:INTC) was downgraded by equities researchers at Needham & Company LLC from a “buy” rating to a “hold” rating in a note issued to investors on Friday, The Fly reports. A number of other equities research analysts also recently weighed in on INTC. Zacks Investment Research downgraded Intel from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. Macquarie set a $60.00 target price on Intel and gave the stock a “buy” rating in a research report on Sunday, September 30th. Barclays downgraded Intel from an “equal weight” rating to an “underweight” rating and set a $38.00 target price for the company. in a research report on Monday, October 1st. Morgan Stanley downgraded Intel from an “equal” rating to a “weight” rating in a research report on Monday, October 1st. Finally, Royal Bank of Canada dropped their price objective on Intel from $57.00 to $55.00 and set a “sector perform” rating for the company in a report on Monday, October 1st. Six analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $54.66. Read more …

Norfolk Southern (NYSE:NSC) was downgraded by stock analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a research note issued on Friday, The Fly reports. Several other research firms also recently commented on NSC. Credit Suisse Group lowered their target price on shares of Norfolk Southern from $188.00 to $187.00 and set an “outperform” rating on the stock in a research report on Thursday, October 25th. Edward Jones downgraded shares of Norfolk Southern from a “buy” rating to a “hold” rating in a research report on Friday, September 28th. Zacks Investment Research downgraded shares of Norfolk Southern from a “buy” rating to a “hold” rating in a research report on Tuesday, December 11th. Loop Capital upgraded shares of Norfolk Southern from a “hold” rating to a “buy” rating and upped their price target for the company from $179.00 to $190.00 in a report on Wednesday, October 24th. Finally, Argus restated a “buy” rating on shares of Norfolk Southern in a report on Thursday, January 3rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the company. Norfolk Southern currently has a consensus rating of “Hold” and a consensus target price of $176.89. Read more …



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