Notable Analyst Upgrades and Downgrades for Week of July 22, 2019




Upgrades:


Hershey (NYSE:HSY) was upgraded by UBS Group from a “sell” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

HSY has been the topic of a number of other research reports. Evercore ISI initiated coverage on shares of Mondelez International in a report on Tuesday, June 11th. They issued an “outperform” rating and a $62.00 price target on the stock. Barclays set a $46.00 price target on shares of D. R. Horton and gave the stock a “buy” rating in a report on Friday, April 26th. Piper Jaffray Companies lowered shares of Hershey from a “neutral” rating to an “underweight” rating and increased their price target for the stock from $122.00 to $125.00 in a report on Wednesday, June 19th. Bank of America decreased their price target on shares of Canopy Growth from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, June 19th. Finally, ValuEngine lowered shares of Ultrapar Participacoes from a “sell” rating to a “strong sell” rating in a report on Thursday, April 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $125.14. Read more …

Charles Schwab (NYSE:SCHW) was upgraded by research analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating in a research note issued on Monday, The Fly reports.

A number of other equities analysts also recently commented on the company. Keefe, Bruyette & Woods upgraded Focus Financial Partners from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $35.00 to $35.50 in a research note on Friday, July 12th. Deutsche Bank restated a “buy” rating and issued a GBX 4,000 ($52.27) target price on shares of in a research note on Tuesday, June 18th. Argus decreased their target price on Domino’s Pizza from $310.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. ValuEngine downgraded Virtu Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, June 18th. Finally, Bank of America set a $80.00 price target on Colgate-Palmolive and gave the company a “buy” rating in a report on Friday, July 12th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. Charles Schwab has an average rating of “Hold” and an average target price of $47.60. Read more …

Chipotle Mexican Grill (NYSE:CMG) was upgraded by stock analysts at Mizuho to an “underperform” rating in a report issued on Wednesday, The Fly reports. The firm currently has a $500.00 price target on the restaurant operator’s stock, up from their previous price target of $420.00. Mizuho’s target price points to a potential downside of 32.40% from the stock’s previous close.


CMG has been the subject of several other reports. Jefferies Financial Group downgraded shares of from a “buy” rating to a “hold” rating in a research note on Thursday, April 11th. Wells Fargo & Co restated a “sell” rating on shares of Bausch Health Companies in a research note on Monday, July 15th. Credit Suisse Group initiated coverage on shares of Arco Platform in a research note on Tuesday, June 25th. They issued a “neutral” rating for the company. UBS Group set a $70.00 target price on shares of Lumentum and gave the company a “buy” rating in a research note on Wednesday, May 8th. Finally, Telsey Advisory Group upped their target price on shares of Chipotle Mexican Grill from $700.00 to $750.00 and gave the company a “market perform” rating in a research note on Wednesday. Seven research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Chipotle Mexican Grill has a consensus rating of “Hold” and a consensus target price of $667.03. Read more …




Kimberly Clark (NYSE:KMB) was upgraded by research analysts at Atlantic Securities from an “underweight” rating to a “neutral” rating in a research note issued on Wednesday, The Fly reports.


Several other equities analysts also recently issued reports on KMB. Zacks Investment Research raised shares of Green Brick Partners from a “sell” rating to a “hold” rating in a research note on Thursday, April 25th. Citigroup set a $40.00 price objective on shares of Steel Dynamics and gave the company a “buy” rating in a research note on Tuesday, April 23rd. Wells Fargo & Co reissued a “hold” rating and set a $130.00 price objective on shares of Kimberly Clark in a research note on Tuesday. Argus raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Tuesday, April 23rd. Finally, Bank of America reduced their price objective on shares of Canopy Growth from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, June 19th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. Kimberly Clark has a consensus rating of “Hold” and an average price target of $127.25. Read more …


Texas Instruments (NASDAQ:TXN) was upgraded by research analysts at Charter Equity from a “market perform” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Briefing.com Automated Import reports.


Several other equities research analysts have also recently weighed in on the stock. Loop Capital increased their target price on shares of Texas Instruments to $126.00 and gave the company a “buy” rating in a research note on Wednesday, April 24th. UBS Group increased their price target on shares of W. R. Berkley from $53.00 to $56.00 and gave the stock a “sell” rating in a research report on Wednesday, April 24th. BidaskClub lowered shares of Inovio Pharmaceuticals from a “sell” rating to a “strong sell” rating in a report on Saturday, June 1st. Longbow Research lowered shares of Texas Instruments from a “buy” rating to a “neutral” rating and set a $116.20 price objective for the company. in a report on Wednesday, April 17th. Finally, Wells Fargo & Co reaffirmed a “buy” rating and set a $157.00 price objective on shares of Chubb in a report on Tuesday, April 30th. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $109.92. Read more …

AT&T (NYSE:T) was upgraded by research analysts at Credit Suisse Group from an “underperform” rating to a “neutral” rating in a report released on Thursday, The Fly reports.


Several other analysts also recently weighed in on the company. Desjardins reaffirmed an “average” rating and set a $90.00 target price on shares of MFS California Municipal Fund in a research note on Friday, April 5th. ValuEngine raised Zumiez from a “sell” rating to a “hold” rating in a research note on Monday. Finally, Bank of America lifted their target price on CarMax from $95.00 to $112.00 in a research note on Monday, June 24th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $36.89. Read more …

United Parcel Service (NYSE:UPS) was upgraded by investment analysts at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday, The Fly reports.


Several other analysts also recently commented on the stock. Berenberg Bank upgraded shares of easyJet to a “hold” rating in a report on Monday, April 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $180.00 price target (up from $160.00) on shares of Iqvia in a research note on Thursday. Cowen raised their price target on shares of Werner Enterprises from $35.00 to $36.00 and gave the stock a “market perform” rating in a research note on Friday, April 26th. Raymond James set a $33.00 price target on shares of LKQ and gave the stock a “buy” rating in a research note on Friday, April 26th. Finally, Goldman Sachs Group cut shares of EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 10th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $118.05. Read more …

Bank of America (NYSE:BAC) was upgraded by investment analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Friday, The Fly reports.


Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group set a $158.00 price objective on HCA Healthcare and gave the stock a “buy” rating in a report on Wednesday, April 17th. ValuEngine upgraded Worldline from a “hold” rating to a “buy” rating in a report on Tuesday. BMO Capital Markets upgraded Bank of America from a “market perform” rating to an “outperform” rating and set a $37.00 price objective on the stock in a report on Monday, June 17th. JPMorgan Chase & Co. began coverage on Pinduoduo in a report on Tuesday, July 9th. They issued an “underweight” rating and a $20.48 price objective on the stock. Finally, Atlantic Securities cut Bank of America from an “overweight” rating to a “neutral” rating and set a $30.81 price objective on the stock. in a report on Tuesday, April 30th. One analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $32.52. Read more …

Union Pacific (NYSE:UNP) was upgraded by investment analysts at Atlantic Securities from a “neutral” rating to an “overweight” rating in a report issued on Friday, The Fly reports.


A number of other research analysts have also recently commented on the company. Deutsche Bank set a $128.00 target price on United Rentals and gave the company a “hold” rating in a research note on Friday, July 19th. ValuEngine cut United Rentals from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 18th. Stifel Nicolaus set a $170.00 price objective on Union Pacific and gave the company a “hold” rating in a research note on Tuesday, April 23rd. UBS Group set a $260.00 price objective on Boston Beer and gave the company a “sell” rating in a research note on Friday, July 19th. Finally, Loop Capital lifted their price objective on Union Pacific to $191.00 in a research note on Friday, July 19th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $182.00. Read more …



Downgrades:


Novartis (NYSE:NVS) was downgraded by analysts at Kepler Capital Markets from a “buy” rating to a “hold” rating in a research report issued on Tuesday, The Fly reports.


A number of other equities analysts have also issued reports on the stock. Liberum Capital upgraded shares of Novartis from a “hold” rating to a “buy” rating in a research report on Thursday, April 25th. Morgan Stanley set a $165.00 target price on shares of Caterpillar and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Guggenheim upgraded shares of Novartis from a “neutral” rating to a “buy” rating and set a $79.16 target price on the stock in a research report on Wednesday, April 24th. Zacks Investment Research upgraded shares of Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Friday. Finally, JPMorgan Chase & Co. raised their target price on shares of from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the stock a “neutral” rating in a research report on Friday, July 5th. Four analysts have rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Novartis currently has an average rating of “Hold” and an average target price of $88.24. Read more …


Leggett & Platt (NYSE:LEG) was downgraded by equities researchers at Raymond James from an “outperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, The Fly reports.


Several other equities research analysts have also commented on the stock. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. TheStreet lowered shares of Weibo from a “b-” rating to a “c+” rating in a report on Friday, May 31st. Finally, Zacks Investment Research lowered shares of Inflarx from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $42.00. Read more …

Caterpillar (NYSE:CAT) was downgraded by equities research analysts at Buckingham Research from a “buy” rating to a “neutral” rating in a research note issued on Thursday, The Fly reports.

Several other research firms have also recently issued reports on CAT. ValuEngine raised shares of Xylem from a “hold” rating to a “buy” rating in a report on Friday, June 21st. Deutsche Bank cut their price target on shares of Trinseo from $58.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, April 3rd. Morgan Stanley set a $165.00 price target on shares of Caterpillar and gave the stock a “buy” rating in a report on Wednesday, April 10th. Goldman Sachs Group started coverage on shares of Fidelity National Information Servcs in a report on Thursday. They set a “buy” rating for the company. Finally, Credit Suisse Group set a GBX 3,090 ($40.38) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Wednesday, July 17th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $145.47. Read more …


Dollar General (NYSE:DG) was downgraded by research analysts at Wells Fargo & Co from an “outperform” rating to a “market perform” rating in a note issued to investors on Thursday, The Fly reports.


Several other brokerages have also recently weighed in on DG. BMO Capital Markets set a $275.00 price target on shares of Costco Wholesale and gave the company a “buy” rating in a research report on Friday, May 31st. Bank of America set a $25.00 price target on shares of Bed Bath & Beyond and gave the company a “buy” rating in a research report on Wednesday, April 10th. JPMorgan Chase & Co. cut shares of First Quantum Minerals from an “overweight” rating to a “neutral” rating in a research report on Friday, April 5th. Telsey Advisory Group reissued an “outperform” rating and set a $138.00 price target (up previously from $129.00) on shares of Dollar General in a research report on Friday, May 31st. Finally, UBS Group increased their price target on shares of Zscaler from $60.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, May 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. Dollar General currently has a consensus rating of “Buy” and a consensus price target of $133.33. Read more …

C.H. Robinson Worldwide (NASDAQ:CHRW) was downgraded by research analysts at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Friday, The Fly reports.


CHRW has been the subject of several other reports. Stifel Nicolaus set a $95.00 price objective on shares of C.H. Robinson Worldwide and gave the stock a “buy” rating in a report on Friday, May 3rd. Stephens set a $71.00 price objective on shares of Saia and gave the stock a “hold” rating in a report on Thursday, May 2nd. BidaskClub raised shares of Westport Fuel Systems from a “hold” rating to a “buy” rating in a report on Friday, July 12th. Susquehanna Bancshares downgraded shares of Echo Global Logistics from a “positive” rating to a “neutral” rating in a report on Wednesday, April 10th. Finally, UBS Group downgraded shares of Advanced Disposal Services from a “buy” rating to a “neutral” rating and set a $33.00 price objective for the company. in a report on Wednesday, May 1st. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $93.71. Read more …



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