Notable Analyst Upgrades and Downgrades for Week of September 9, 2019



Upgrades:


BHP Group (NYSE:BHP) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports.

Other equities research analysts have also recently issued research reports about the company. Bank of America cut BHP Group from a “neutral” rating to an “underperform” rating in a research note on Friday, August 16th. BNP Paribas lowered shares of BHP Group from a “neutral” rating to an “underperform” rating in a research note on Thursday, September 5th. ValuEngine cut shares of BHP Group from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Deutsche Bank upgraded shares of BHP Group from a “sell” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. upgraded shares of BHP Group from an “underweight” rating to a “neutral” rating in a report on Friday, July 12th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $62.00. Read more …

Sanford C. Bernstein upgraded shares of Diageo (NYSE:DEO) from an underperform rating to a market perform rating in a research report sent to investors on Tuesday morning, BenzingaRatingsTable reports.

DEO has been the subject of a number of other research reports. Societe Generale cut shares of Diageo from a buy rating to a sell rating in a report on Thursday, September 5th. They noted that the move was a valuation call. Zacks Investment Research raised shares of Diageo from a sell rating to a hold rating and set a $178.00 target price on the stock in a research note on Monday, May 27th. Finally, Kepler Capital Markets cut Diageo from a buy rating to a hold rating in a research report on Tuesday, July 9th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $178.00. Read more …

Argus upgraded shares of HCP (NYSE:HCP) from a hold rating to a buy rating in a research report sent to investors on Tuesday morning, BenzingaRatingsTable reports.

HCP has been the subject of a number of other reports. Barclays began coverage on HCP in a research report on Tuesday, September 3rd. They issued an overweight rating and a $37.00 price objective for the company. KeyCorp increased their target price on HCP from $32.00 to $34.00 and gave the company an overweight rating in a research report on Monday, July 1st. TheStreet upgraded HCP from a c+ rating to a b- rating in a research report on Friday, August 2nd. Raymond James raised shares of HCP from a market perform rating to an outperform rating and set a $35.00 price target on the stock in a research note on Thursday, June 13th. Finally, Stifel Nicolaus boosted their price target on shares of HCP from $34.00 to $37.00 and gave the stock a buy rating in a report on Tuesday, September 3rd. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. HCP currently has a consensus rating of Buy and an average price target of $33.30. Read more …


Morgan Stanley upgraded shares of Schlumberger (NYSE:SLB) from an equal weight rating to an overweight rating in a research report sent to investors on Tuesday morning, BenzingaRatingsTable reports. Morgan Stanley currently has $51.00 price objective on the oil and gas company’s stock.

A number of other brokerages also recently commented on SLB. Gabelli began coverage on Schlumberger in a research report on Thursday, June 27th. They set a buy rating and a $55.00 price objective for the company. JPMorgan Chase & Co. reduced their price objective on Schlumberger from $41.00 to $34.00 and set a neutral rating for the company in a research note on Monday. Raymond James restated a hold rating on shares of Schlumberger in a report on Friday, June 21st. Stifel Nicolaus raised Schlumberger from a hold rating to a buy rating and set a $50.00 target price on the stock in a research report on Friday, June 7th. Finally, AltaCorp Capital reaffirmed an outperform rating on shares of Schlumberger in a report on Thursday, June 20th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $51.44. Read more …


BP (NYSE:BP) was upgraded by investment analysts at Grupo Santander from a “hold” rating to a “buy” rating in a research report issued on Wednesday, The Fly reports.

Several other analysts have also weighed in on BP. Jefferies Financial Group raised BP from a “hold” rating to a “buy” rating and raised their price objective for the company from $46.30 to $48.60 in a research note on Wednesday, July 31st. ValuEngine downgraded BP from a “hold” rating to a “sell” rating in a research note on Thursday, July 18th. JPMorgan Chase & Co. reissued a “buy” rating on shares of BP in a report on Friday, August 30th. BMO Capital Markets began coverage on shares of BP in a research note on Tuesday, August 20th. They issued an “outperform” rating and a $53.00 price target on the stock. Finally, Credit Suisse Group lowered shares of BP from an “outperform” rating to a “neutral” rating and set a $41.06 price target on the stock in a report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $52.04. Read more …

AbbVie (NYSE:ABBV) was upgraded by research analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, The Fly reports.

Several other equities analysts also recently commented on ABBV. Leerink Swann raised shares of AbbVie to a “buy” rating in a research note on Tuesday, July 2nd. Svb Leerink raised shares of AbbVie from a “market perform” rating to an “outperform” rating and set a $88.00 price objective for the company in a research note on Wednesday, June 26th. ValuEngine downgraded shares of AbbVie from a “sell” rating to a “strong sell” rating in a research note on Wednesday, June 26th. Piper Jaffray Companies increased their price objective on shares of AbbVie from $80.00 to $81.00 and gave the company an “overweight” rating in a research note on Wednesday, September 4th. Finally, Citigroup reissued a “hold” rating on shares of AbbVie in a research note on Wednesday, June 26th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $92.12. Read more …

Franklin Resources (NYSE:BEN) was upgraded by equities researchers at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report released on Thursday, The Fly reports.

Several other analysts have also issued reports on the company. Citigroup increased their price objective on Franklin Resources from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Barclays set a $27.00 price objective on Franklin Resources and gave the stock a “sell” rating in a report on Wednesday, July 31st. TheStreet lowered Franklin Resources from a “b-” rating to a “c+” rating in a report on Friday, August 9th. Finally, ValuEngine lowered Franklin Resources from a “hold” rating to a “sell” rating in a report on Saturday, August 10th. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $31.18. Read more …


Downgrades:


Piper Jaffray Companies downgraded shares of Altria Group (NYSE:MO) from an overweight rating to a neutral rating in a research note released on Monday, The Fly reports.

MO has been the topic of several other reports. Morgan Stanley raised Altria Group from an underweight rating to an equal weight rating and set a $44.00 price objective on the stock in a report on Friday, August 23rd. Wells Fargo & Co reaffirmed a buy rating on shares of Altria Group in a research note on Monday, August 26th. Royal Bank of Canada set a $68.00 target price on Altria Group and gave the company a buy rating in a research report on Wednesday, July 31st. TheStreet cut shares of Altria Group from a b- rating to a c+ rating in a research note on Wednesday, August 14th. Finally, Goldman Sachs Group lowered shares of Altria Group from a buy rating to a neutral rating and set a $49.86 price target for the company. in a report on Friday, July 12th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $60.74. Read more …

NESTLE S A/S (OTCMKTS:NSRGY) was downgraded by equities researchers at Deutsche Bank from a “buy” rating to a “hold” rating in a research note issued on Monday, The Fly reports.

A number of other research analysts have also commented on the stock. HSBC started coverage on shares of NESTLE S A/S in a research note on Thursday, June 27th. They issued a “hold” rating on the stock. Zacks Investment Research upgraded shares of NESTLE S A/S from a “hold” rating to a “buy” rating and set a $116.00 price objective on the stock in a research note on Friday, July 5th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. NESTLE S A/S has a consensus rating of “Buy” and a consensus price target of $108.00. Read more …

Wendys (NASDAQ:WEN) was downgraded by equities researchers at BTIG Research from a “buy” rating to a “neutral” rating in a report released on Tuesday, The Fly reports.

Other research analysts have also issued reports about the stock. Guggenheim lowered shares of Wendys from a “buy” rating to a “neutral” rating in a report on Monday. MKM Partners initiated coverage on shares of Wendys in a report on Tuesday, August 13th. They issued a “neutral” rating and a $20.00 target price for the company. JPMorgan Chase & Co. upped their price target on shares of Wendys from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Friday, June 28th. ValuEngine raised shares of Wendys from a “hold” rating to a “buy” rating in a research note on Tuesday, August 20th. Finally, Credit Suisse Group started coverage on shares of Wendys in a report on Tuesday, June 25th. They issued a “neutral” rating and a $20.00 price target on the stock. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $20.21. Read more …

Dollar General (NYSE:DG) was downgraded by equities researchers at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a research note issued on Tuesday, The Fly reports.

A number of other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Dollar General from $153.00 to $173.00 and gave the company an “overweight” rating in a research report on Thursday, September 5th. Wells Fargo & Co downgraded shares of Dollar General from an “outperform” rating to a “market perform” rating and set a $140.00 price target on the stock. in a research report on Thursday, July 25th. Zacks Investment Research raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $134.00 price target for the company in a research note on Wednesday, May 22nd. Barclays increased their price objective on shares of Dollar General from $141.00 to $180.00 and gave the company an “overweight” rating in a report on Friday, August 30th. Finally, Credit Suisse Group raised their price objective on shares of Dollar General from $130.00 to $154.00 and gave the company a “neutral” rating in a research note on Friday, August 30th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have given a buy rating to the company’s stock. Dollar General currently has an average rating of “Buy” and a consensus price target of $158.95. Read more …

Ford Motor (NYSE:F) was downgraded by Bank of America to a “buy” rating in a report issued on Tuesday, The Fly reports.

Several other brokerages also recently issued reports on F. ValuEngine downgraded shares of Ford Motor from a “sell” rating to a “strong sell” rating in a research report on Wednesday, September 4th. Goldman Sachs Group set a $13.00 target price on shares of Ford Motor and gave the stock a “buy” rating in a report on Thursday, June 13th. Credit Suisse Group assumed coverage on Ford Motor in a report on Wednesday, June 26th. They set an “outperform” rating and a $13.00 price target for the company. Royal Bank of Canada reiterated a “neutral” rating and set a $10.50 target price on shares of Ford Motor in a research note on Thursday, July 25th. Finally, Morgan Stanley upgraded shares of Ford Motor from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $10.00 to $12.00 in a research note on Tuesday, August 6th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $10.48. Read more …

Argus downgraded shares of Kinder Morgan (NYSE:KMI) from a buy rating to a hold rating in a research note published on Tuesday morning, BenzingaRatingsTable reports.

Several other analysts have also weighed in on KMI. Scotia Howard Weill initiated coverage on Kinder Morgan in a report on Tuesday, September 3rd. They set a sector perform rating and a $23.00 price objective on the stock. Zacks Investment Research reiterated a buy rating and set a $23.00 price target on shares of Kinder Morgan in a research note on Saturday, June 29th. Scotiabank assumed coverage on shares of Kinder Morgan in a research note on Tuesday, September 3rd. They set a sector perform rating and a $23.00 price target on the stock. ValuEngine lowered shares of Kinder Morgan from a hold rating to a sell rating in a report on Thursday, August 1st. Finally, Johnson Rice started coverage on shares of Kinder Morgan in a research note on Thursday, May 30th. They issued a hold rating and a $21.00 price objective for the company. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $21.91. Read more …

Automatic Data Processing (NASDAQ:ADP) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Wednesday, The Fly reports.

A number of other equities analysts have also weighed in on the company. Morgan Stanley increased their target price on Automatic Data Processing from $150.00 to $174.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 15th. Zacks Investment Research upgraded Automatic Data Processing from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a research note on Friday, June 21st. Robert W. Baird upped their price objective on Automatic Data Processing from $167.00 to $178.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. Jefferies Financial Group increased their price objective on Automatic Data Processing to $176.00 and gave the stock a “hold” rating in a research report on Wednesday, July 31st. Finally, Cowen began coverage on Automatic Data Processing in a report on Wednesday. They set an “outperform” rating and a $195.00 target price for the company. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $176.10. Read more …

DIGITAL RLTY TR/SH (NYSE:DLR) was downgraded by Guggenheim from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, The Fly reports. They presently have a $132.00 price target on the real estate investment trust’s stock, up from their prior price target of $127.00. Guggenheim’s price objective would suggest a potential upside of 3.41% from the company’s previous close.

Other research analysts also recently issued reports about the stock. ValuEngine downgraded shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research report on Thursday, June 27th. Barclays reiterated an “overweight” rating and set a $147.00 price target on shares of DIGITAL RLTY TR/SH in a research note on Friday, August 30th. Raymond James raised shares of DIGITAL RLTY TR/SH from a “market perform” rating to an “outperform” rating and set a $116.00 price target for the company in a research report on Thursday, June 6th. Royal Bank of Canada set a $130.00 price objective on shares of DIGITAL RLTY TR/SH and gave the company a “buy” rating in a research note on Friday, August 9th. Finally, Zacks Investment Research raised DIGITAL RLTY TR/SH from a “sell” rating to a “hold” rating and set a $125.00 price objective on the stock in a report on Friday, June 28th. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. DIGITAL RLTY TR/SH has an average rating of “Hold” and an average price target of $127.77. Read more …


Costco Wholesale (NASDAQ:COST) was downgraded by research analysts at Oppenheimer from an “outperform” rating to a “market perform” rating in a report released on Wednesday, Briefing.com Automated Import reports.

Several other research firms have also recently weighed in on COST. Telsey Advisory Group set a $305.00 price objective on Costco Wholesale and gave the company a “buy” rating in a report on Tuesday, September 3rd. Tigress Financial reiterated a “buy” rating on shares of Costco Wholesale in a research report on Friday, June 28th. Goldman Sachs Group started coverage on Costco Wholesale in a research note on Thursday, July 11th. They set a “buy” rating and a $290.00 target price for the company. Wells Fargo & Co upped their price target on shares of Costco Wholesale from $240.00 to $290.00 and gave the company a “market perform” rating in a report on Friday, September 6th. Finally, Zacks Investment Research raised shares of Costco Wholesale from a “hold” rating to a “buy” rating and set a $272.00 price objective for the company in a research report on Tuesday, June 11th. Nine analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. Costco Wholesale currently has an average rating of “Buy” and a consensus price target of $283.50. Read more …
Fortis (NYSE:FTS) was downgraded by investment analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, The Fly reports.

Other equities research analysts also recently issued research reports about the company. CIBC downgraded Fortis from a “sector outperform” rating to a “neutral” rating in a research report on Thursday, August 22nd. Wells Fargo & Co upped their price objective on Fortis from $59.00 to $61.00 and gave the stock an “outperform” rating in a report on Wednesday, September 4th. Zacks Investment Research cut Fortis from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th. UBS Group set a $62.00 price objective on Fortis and gave the company a “buy” rating in a research report on Friday, September 6th. Finally, Royal Bank of Canada reissued a “buy” rating on shares of Fortis in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $54.14. Read more …

Helmerich & Payne (NYSE:HP) was downgraded by Wells Fargo & Co from an “outperform” rating to an “underperform” rating in a note issued to investors on Thursday, The Fly reports.

HP has been the subject of a number of other research reports. TheStreet cut shares of Helmerich & Payne from a “b-” rating to a “c+” rating in a research note on Tuesday, May 28th. ValuEngine cut shares of Helmerich & Payne from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Piper Jaffray Companies cut their price objective on shares of Helmerich & Payne from $57.00 to $52.50 and set an “overweight” rating for the company in a research note on Tuesday, July 30th. Susquehanna Bancshares cut their price objective on shares of Helmerich & Payne from $72.00 to $62.00 in a research note on Wednesday, July 10th. Finally, Royal Bank of Canada set a $65.00 price objective on shares of Helmerich & Payne and gave the company a “buy” rating in a research note on Friday, July 26th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the stock. Helmerich & Payne currently has an average rating of “Hold” and a consensus price target of $61.86. Read more …

Invesco (NYSE:IVZ) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Thursday, The Fly reports.

A number of other equities analysts have also issued reports on the company. Zacks Investment Research lowered Invesco from a “buy” rating to a “hold” rating in a research note on Wednesday, May 22nd. Jefferies Financial Group lowered Invesco from a “buy” rating to a “hold” rating and decreased their price target for the company from $24.00 to $23.00 in a research note on Friday, June 7th. Citigroup set a $20.00 price target on Invesco and gave the company a “hold” rating in a research note on Wednesday, July 31st. Deutsche Bank set a $21.00 price target on Invesco and gave the company a “hold” rating in a research note on Friday, July 26th. Finally, Barclays set a $21.00 price target on Invesco and gave the company a “hold” rating in a research note on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $22.36. Read more …

Hershey (NYSE:HSY) was downgraded by analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Thursday, The Fly reports. The analysts noted that the move was a valuation call.

Several other research analysts also recently commented on HSY. Citigroup increased their price objective on Hershey from $140.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. BMO Capital Markets increased their price objective on Hershey to $133.00 and gave the company a “market perform” rating in a research note on Friday, July 26th. Stifel Nicolaus increased their price objective on Hershey from $132.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, July 26th. Bank of America reissued a “buy” rating and issued a $165.00 price objective (up from $152.00) on shares of Hershey in a research note on Friday, July 26th. Finally, Piper Jaffray Companies downgraded Hershey from a “neutral” rating to an “underweight” rating and increased their price objective for the company from $122.00 to $125.00 in a research note on Wednesday, June 19th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $138.71. Read more …

Broadcom (NASDAQ:AVGO) was downgraded by Loop Capital from a “buy” rating to a “hold” rating in a report issued on Friday, The Fly reports.


Other equities research analysts have also recently issued research reports about the company. Susquehanna Bancshares set a $315.00 price target on Broadcom and gave the company a “buy” rating in a report on Tuesday. Summit Insights raised Broadcom from a “hold” rating to a “buy” rating and set a $253.03 price target for the company in a report on Friday, June 14th. Robert W. Baird cut their price target on Broadcom from $300.00 to $280.00 and set an “outperform” rating for the company in a report on Monday, June 17th. SunTrust Banks cut their price target on Broadcom to $307.00 and set a “buy” rating for the company in a report on Friday, June 14th. Finally, Morgan Stanley cut their target price on Broadcom from $266.00 to $262.00 and set an “equal weight” rating for the company in a research note on Monday, June 10th. Eleven analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. Broadcom has a consensus rating of “Buy” and a consensus target price of $305.32. Read more …


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