Notable Analyst Upgrades and Downgrades for Week of July 15, 2019




Upgrades:


Bank of America upgraded shares of Deere & Company (NYSE:DE) from a neutral rating to a buy rating in a report published on Monday morning, 24/7 WallStreet reports.

Several other analysts have also issued reports on DE. Macquarie set a $132.00 price target on shares of Deere & Company and gave the stock a hold rating in a research report on Monday, May 20th. Robert W. Baird raised shares of Deere & Company from a neutral rating to an outperform rating and upped their price target for the stock from $129.00 to $175.00 in a research report on Sunday, June 16th. Jefferies Financial Group raised shares of AGCO from a hold rating to a buy rating and upped their price target for the stock from $70.00 to $90.00 in a research report on Monday, June 24th. Wells Fargo & Co reissued a buy rating and issued a $85.00 price objective on shares of Carvana in a research report on Monday, July 1st. Finally, Morgan Stanley reissued a hold rating on shares of PG&E in a research report on Friday, June 21st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $167.78. Read more …

Gilead Sciences (NASDAQ:GILD) was upgraded by equities research analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage presently has a $88.00 target price on the biopharmaceutical company’s stock, up from their previous target price of $68.00. Wells Fargo & Co‘s price objective suggests a potential upside of 31.46% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Oppenheimer set a $85.00 target price on shares of Gilead Sciences and gave the company a “buy” rating in a research note on Friday, July 12th. Evercore ISI reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Friday, May 17th. Raymond James set a $60.00 target price on shares of Banner and gave the company a “buy” rating in a research note on Friday, May 3rd. Needham & Company LLC cut shares of Acquity Group from a “buy” rating to a “hold” rating in a research note on Monday, May 6th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $80.54. Read more …

Edward Jones upgraded shares of General Mills (NYSE:GIS) from a hold rating to a buy rating in a research note published on Monday morning, The Fly reports.

A number of other brokerages also recently commented on GIS. Bank of America set a $120.00 price objective on Walmart and gave the company a buy rating in a research report on Friday, May 17th. JPMorgan Chase & Co. lowered VESTAS WIND SYS/ADR from a neutral rating to an underweight rating in a report on Thursday, March 21st. Wells Fargo & Co restated a hold rating and issued a $160.00 target price on shares of Willis Towers Watson in a report on Friday, March 22nd. Guggenheim increased their target price on General Mills from $58.00 to $65.00 and gave the company a buy rating in a report on Wednesday, July 10th. Finally, Piper Jaffray Companies increased their target price on General Mills from $50.00 to $56.00 and gave the company a neutral rating in a report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. General Mills has a consensus rating of Hold and an average price target of $52.66. Read more …


ConocoPhillips (NYSE:COP) was upgraded by stock analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, The Fly reports.

A number of other equities analysts have also recently issued reports on the stock. Morgan Stanley set a $207.00 price target on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Friday, July 12th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 2,012 ($26.29) price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 1st. Zacks Investment Research upgraded shares of General Moly from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Mizuho began coverage on shares of Avrobio in a research note on Wednesday, June 26th. They issued a “buy” rating and a $28.00 price target on the stock. Finally, ValuEngine upgraded shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $77.07. Read more …


Goldman Sachs Group upgraded shares of Hershey (NYSE:HSY) from a sell rating to a neutral rating in a research note issued to investors on Wednesday, Benzinga reports. They currently have $142.00 price objective on the stock, up from their previous price objective of $86.00.

Several other research firms also recently commented on HSY. Piper Jaffray Companies downgraded Hershey from a neutral rating to an underweight rating and upped their target price for the company from $122.00 to $125.00 in a research report on Wednesday, June 19th. UBS Group reaffirmed a hold rating and issued a $7.80 target price on shares of Deutsche Bank in a research report on Friday, April 26th. Bank of America decreased their target price on Canopy Growth from $80.00 to $75.00 and set a buy rating on the stock in a research report on Wednesday, June 19th. BMO Capital Markets set a $32.00 target price on Axalta Coating Systems and gave the company a hold rating in a research report on Friday, April 26th. Finally, Credit Suisse Group reaffirmed a buy rating and issued a $241.00 target price on shares of FedEx in a research report on Thursday, May 30th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $125.14. Read more …

Apple (NASDAQ:AAPL) was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating in a report released on Thursday, The Fly reports.


A number of other analysts also recently weighed in on AAPL. Sanford C. Bernstein set a $190.00 price objective on Apple and gave the company a “neutral” rating in a report on Wednesday, May 1st. Daiwa Capital Markets set a $212.00 price objective on Apple and gave the company a “buy” rating in a report on Wednesday, June 5th. Loop Capital increased their price objective on Apple to $190.00 and gave the company a “hold” rating in a report on Wednesday, May 1st. Deutsche Bank set a €42.00 ($48.84) price objective on Alstom and gave the company a “neutral” rating in a report on Tuesday, June 25th. Finally, Wedbush set a $11.00 price objective on Sangamo Therapeutics and gave the company a “hold” rating in a report on Monday, July 8th. Four investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $209.68. Read more …

Philip Morris International (NYSE:PM) was upgraded by research analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Friday, The Fly reports. The firm presently has a $100.00 price objective on the stock, up from their previous price objective of $82.00. Barclays‘s target price would suggest a potential upside of 14.01% from the stock’s current price.


PM has been the topic of a number of other research reports. Citigroup raised their price objective on Philip Morris International from $90.00 to $102.00 and gave the company a “buy” rating in a report on Monday, March 25th. Zacks Investment Research upgraded Investors Real Estate Trust Reit from a “sell” rating to a “hold” rating in a report on Thursday, May 23rd. Bank of America set a $120.00 target price on Walmart and gave the stock a “buy” rating in a research note on Friday, May 17th. ValuEngine downgraded United Rentals from a “sell” rating to a “strong sell” rating in a research note on Thursday. Finally, Societe Generale raised Philip Morris International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $93.29. Read more …



Downgrades:


National-Oilwell Varco (NYSE:NOV) was downgraded by Johnson Rice from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, The Fly reports.

A number of other equities analysts also recently issued reports on NOV. AltaCorp Capital reissued a “sector perform” rating on shares of STEP Energy Services in a report on Thursday, June 20th. Zacks Investment Research downgraded shares of GreenTree Hospitality Group from a “buy” rating to a “hold” rating in a report on Monday, May 20th. Piper Jaffray Companies set a $40.00 price objective on shares of Schlumberger and gave the stock a “buy” rating in a report on Monday, July 1st. Raymond James reissued an “average” rating and issued a $23.00 price objective on shares of in a report on Monday, April 15th. Finally, Cowen set a $82.00 price objective on shares of Jacobs Engineering Group and gave the stock a “buy” rating in a report on Friday, April 12th. Seven analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and ten have given a buy rating to the company’s stock. National-Oilwell Varco has a consensus rating of “Hold” and an average target price of $37.08. Read more …

International Paper (NYSE:IP) was downgraded by research analysts at KeyCorp from a “sector weight” rating to an “underweight” rating in a research report issued to clients and investors on Monday, The Fly reports.

IP has been the topic of several other reports. Citigroup lifted their target price on shares of Silgan from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Thursday. Stephens set a $120.00 target price on shares of Electronic Arts and gave the company a “buy” rating in a report on Monday, June 24th. UBS Group reaffirmed a “sell” rating on shares of in a research report on Monday, June 24th. Bank of America lowered Propetro from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 16th. Finally, Barclays reaffirmed a “sell” rating on shares of easyJet in a research report on Monday, April 1st. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $48.80. Read more …

KeyCorp downgraded shares of Westrock (NYSE:WRK) from a sector weight rating to an underweight rating in a research note released on Monday, BenzingaRatingsTable reports. KeyCorp currently has $32.00 price target on the basic materials company’s stock.

Several other research firms also recently weighed in on WRK. Deutsche Bank downgraded J B Hunt Transport Services from a buy rating to a sell rating and set a $98.51 price target for the company. in a research report on Wednesday, April 17th. UBS Group reissued a sell rating on shares of in a research report on Monday, June 24th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. Westrock currently has an average rating of Hold and an average target price of $45.78. Read more …

Bank of America downgraded shares of American Water Works (NYSE:AWK) from a neutral rating to an underperform rating in a report issued on Monday, 24/7 WallStreet reports. Bank of America currently has $116.00 price target on the utilities provider’s stock. The analysts noted that the move was a valuation call.

AWK has been the subject of several other research reports. Zacks Investment Research lowered G1 Therapeutics from a buy rating to a hold rating in a research report on Thursday, May 16th. Boenning Scattergood reiterated a hold rating on shares of American Water Works in a research report on Thursday, May 2nd. Wells Fargo & Co reiterated a buy rating on shares of Allergan in a research report on Monday, June 10th. Finally, Janney Montgomery Scott restated a buy rating and set a $121.00 target price (up previously from $102.00) on shares of American Water Works in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. American Water Works currently has a consensus rating of Buy and a consensus price target of $111.83. Read more …

Raymond James lowered shares of Canadian Pacific Railway (NYSE:CP) (TSE:CP) from a strong-buy rating to an outperform rating in a report released on Monday, Briefing.com Automated Import reports.

Other equities research analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Guardant Health from a hold rating to a sell rating in a research note on Monday, March 18th. Deutsche Bank lowered shares of CROWN CASTLE IN/SH SH from a buy rating to a hold rating and set a $121.00 target price on the stock. in a research note on Monday, March 18th. They noted that the move was a valuation call. Goldman Sachs Group lowered shares of EXPERIAN PLC/ADR from a buy rating to a neutral rating in a research note on Wednesday, July 10th. Wolfe Research upgraded shares of Covenant Transportation Group from an underperform rating to a peer perform rating in a research note on Friday, June 28th. Finally, National Bank Financial restated a sector perform spec overwgt rating on shares of Almaden Minerals in a research note on Thursday, June 27th. Seven analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of $234.41. Read more …

AFLAC (NYSE:AFL) was downgraded by research analysts at Evercore ISI to an “underperform” rating in a research note issued to investors on Tuesday, The Fly reports.

A number of other equities research analysts have also recently commented on the stock. Zacks Investment Research cut shares of German American Bancorp. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Raymond James set a C$80.00 target price on West Fraser Timber and gave the company a “strong-buy” rating in a research report on Tuesday, June 18th. UBS Group increased their target price on Spotify Technology from $180.00 to $182.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Barclays set a $34.00 target price on DCP Midstream and gave the company a “hold” rating in a research report on Wednesday, May 22nd. Finally, ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $51.27. Read more …

Sanford C. Bernstein cut shares of Allergan (NYSE:AGN) from an outperform rating to a market perform rating in a research note issued to investors on Tuesday, 24/7 WallStreet reports. The brokerage currently has $166.08 price target on the stock.

Several other research analysts also recently commented on the stock. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 280 ($3.66) price objective on shares of in a report on Wednesday, June 19th. Barclays dropped their price objective on shares of from GBX 320 ($4.18) to GBX 290 ($3.79) and set an overweight rating for the company in a report on Tuesday, June 25th. ValuEngine downgraded shares of Zumiez from a hold rating to a sell rating in a report on Tuesday, July 2nd. UBS Group increased their price objective on shares of Zayo Group from $30.00 to $35.00 and gave the company a neutral rating in a report on Thursday, May 9th. Finally, Cantor Fitzgerald reissued an overweight rating and set a $130.00 price objective (up previously from $116.00) on shares of Zoetis in a report on Wednesday, June 12th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $177.10. Read more …

Cummins (NYSE:CMI) was downgraded by investment analysts at Standpoint Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday, The Fly reports.

Several other equities research analysts have also commented on CMI. Wells Fargo & Co dropped their price objective on shares of Cummins from $175.00 to $165.00 and set a “market perform” rating on the stock in a research note on Monday, June 3rd. Evercore ISI reissued an “in-line” rating and set a $31.00 price objective (down previously from $40.00) on shares of Terex in a research note on Friday, May 31st. Credit Suisse Group reissued an “outperform” rating and set a GBX 2,012 ($26.29) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 1st. Buckingham Research boosted their price objective on shares of PulteGroup from $28.00 to $31.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 16th. Finally, Piper Jaffray Companies set a $195.00 target price on shares of Cummins and gave the stock a “buy” rating in a research note on Thursday, April 4th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $165.73. Read more …

Parker-Hannifin (NYSE:PH) was downgraded by research analysts at Goldman Sachs Group from a “neutral” rating to a “sell” rating in a report released on Tuesday, The Fly reports.

Other equities research analysts have also issued research reports about the stock. Barclays lifted their price objective on shares of Stanley Black & Decker from $135.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, April 3rd. Bank of America set a $80.00 target price on shares of Colgate-Palmolive and gave the stock a “buy” rating in a research report on Friday. Stifel Nicolaus reissued a “hold” rating and set a $41.00 target price on shares of eBay in a research report on Monday. Morgan Stanley boosted their target price on shares of Williams-Sonoma from $52.00 to $56.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 10th. Finally, Citigroup boosted their target price on shares of SolarWinds from $20.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $178.63. Read more …

Air Products & Chemicals (NYSE:APD) was downgraded by stock analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a research note issued on Thursday, The Fly reports.


Several other analysts have also recently commented on APD. Credit Suisse Group restated an “underperform” rating on shares of MARKS & SPENCER/S in a research note on Wednesday, April 17th. Bank of America upgraded shares of Air Products & Chemicals from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $170.00 to $215.00 in a research note on Thursday, April 25th. Barclays set a $46.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a research note on Friday, April 26th. KeyCorp lowered shares of Steris from an “overweight” rating to a “sector weight” rating in a report on Tuesday, July 9th. They noted that the move was a valuation call. Finally, Deutsche Bank cut their target price on shares of Xilinx from $125.00 to $120.00 and set a “hold” rating for the company in a report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $223.00. Read more …

QUALCOMM (NASDAQ:QCOM) was downgraded by equities research analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research report issued on Thursday, Briefing.com Automated Import reports. They currently have a $75.00 target price on the wireless technology company’s stock, down from their previous target price of $90.00. Barclays‘s price target points to a potential downside of 1.00% from the stock’s previous close.


QCOM has been the topic of a number of other reports. ValuEngine downgraded Wave Life Sciences from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. set a €28.20 ($32.79) price target on AXA and gave the company a “buy” rating in a report on Thursday, May 2nd. Stifel Nicolaus upped their price target on Wayfair from $132.00 to $150.00 and gave the company a “hold” rating in a report on Thursday, May 2nd. DZ Bank reaffirmed a “buy” rating on shares of Siemens in a report on Thursday, May 23rd. Finally, Mizuho set a $45.00 price target on Targa Resources and gave the company a “hold” rating in a report on Friday, July 12th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $79.23. Read more …

Exxon Mobil (NYSE:XOM) was downgraded by equities research analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research report issued on Thursday, The Fly reports.

Several other brokerages also recently issued reports on XOM. JPMorgan Chase & Co. reiterated a “hold” rating and set a $137.00 price target on shares of Continental in a report on Friday, April 26th. Berenberg Bank set a €23.50 ($27.33) price target on shares of Rhoen Klinikum and gave the stock a “neutral” rating in a report on Thursday, April 11th. HSBC reiterated a “buy” rating and set a $58.50 price target on shares of Total in a report on Thursday, May 23rd. Morgan Stanley set a $207.00 price target on shares of Alibaba Group and gave the stock a “buy” rating in a report on Friday, July 12th. Finally, Tudor Pickering started coverage on shares of Exxon Mobil in a report on Monday, April 8th. They set a “hold” rating and a $82.49 price target for the company. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $84.71. Read more …

Travelers Companies (NYSE:TRV) was downgraded by Buckingham Research from a “buy” rating to a “neutral” rating in a report released on Friday, The Fly reports.


A number of other research analysts have also weighed in on TRV. MKM Partners upped their price objective on Travelers Companies to $140.00 and gave the stock a “neutral” rating in a report on Monday, April 22nd. UBS Group upped their price objective on Willis Towers Watson from $202.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, July 10th. ValuEngine raised Vistra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, July 3rd. Zacks Investment Research raised IQE from a “sell” rating to a “hold” rating in a report on Thursday, April 4th. Finally, Barclays set a $34.00 price objective on DCP Midstream and gave the stock a “hold” rating in a report on Wednesday, May 22nd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. Travelers Companies has a consensus rating of “Hold” and an average price target of $144.93. Read more …



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