Notable Analyst Upgrades and Downgrades for Week of September 16, 2019



Upgrades:



UBS Group upgraded shares of ConocoPhillips (NYSE:COP) from a neutral rating to a buy rating in a research note issued to investors on Monday morning, BenzingaRatingsTable reports.

COP has been the subject of a number of other reports. ValuEngine raised shares of ConocoPhillips from a sell rating to a hold rating in a research report on Thursday, June 27th. Mizuho raised shares of ConocoPhillips from a neutral rating to a buy rating and increased their target price for the company from $74.00 to $80.00 in a research report on Wednesday, June 26th. Morgan Stanley reduced their target price on shares of ConocoPhillips from $84.00 to $81.00 and set an overweight rating for the company in a research report on Friday, July 12th. Zacks Investment Research raised shares of ConocoPhillips from a strong sell rating to a hold rating and set a $52.00 target price for the company in a research report on Thursday, July 11th. Finally, Barclays assumed coverage on shares of ConocoPhillips in a research report on Monday, August 19th. They set an overweight rating and a $79.00 target price for the company. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. ConocoPhillips has an average rating of Buy and a consensus price target of $76.85. Read more …

Wedbush upgraded shares of Lowe’s Companies (NYSE:LOW) from a neutral rating to an outperform rating in a research report sent to investors on Monday, BenzingaRatingsTable reports. They currently have $135.00 target price on the home improvement retailer’s stock, up from their prior target price of $115.00.

Several other research firms have also recently commented on LOW. ValuEngine raised Lowe’s Companies from a hold rating to a buy rating in a research note on Tuesday, September 10th. Morgan Stanley boosted their target price on Lowe’s Companies from $123.00 to $130.00 and gave the stock an overweight rating in a research note on Thursday, August 22nd. UBS Group boosted their target price on Lowe’s Companies from $115.00 to $125.00 and gave the stock a buy rating in a research note on Thursday, August 22nd. Barclays boosted their target price on Lowe’s Companies from $95.00 to $105.00 and gave the stock an equal weight rating in a research note on Monday, June 24th. Finally, Telsey Advisory Group boosted their target price on Lowe’s Companies from $116.00 to $120.00 and gave the stock an outperform rating in a research note on Thursday, August 22nd. Eight investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $118.00. Read more …

JPMorgan Chase & Co. upgraded shares of Raytheon (NYSE:RTN) from a neutral rating to an overweight rating in a report released on Monday morning, BenzingaRatingsTable reports. The brokerage currently has $230.00 price objective on the aerospace company’s stock, up from their previous price objective of $225.00.

RTN has been the subject of several other research reports. Stifel Nicolaus upped their price objective on shares of Raytheon from $205.00 to $218.00 and gave the stock a buy rating in a report on Monday, June 10th. UBS Group upped their price objective on shares of Raytheon from $205.00 to $215.00 and gave the stock a neutral rating in a report on Friday. Bank of America reaffirmed a buy rating and issued a $265.00 price objective (up previously from $224.00) on shares of Raytheon in a report on Friday, July 26th. Vertical Research downgraded shares of Raytheon from a buy rating to a hold rating and reduced their price objective for the stock from $216.00 to $203.00 in a report on Tuesday, June 11th. Finally, ValuEngine downgraded shares of Raytheon from a hold rating to a sell rating in a report on Friday, June 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $212.00. Read more …



Barclays upgraded shares of Schlumberger (NYSE:SLB) from an equal weight rating to an overweight rating in a research report sent to investors on Monday morning, BenzingaRatingsTable reports. Barclays currently has $50.00 price objective on the oil and gas company’s stock, up from their prior price objective of $45.00.

Several other equities analysts have also issued reports on the stock. Wells Fargo & Co cut their price objective on shares of Schlumberger from $48.00 to $44.00 and set an outperform rating on the stock in a report on Thursday, September 12th. Stifel Nicolaus raised shares of Schlumberger from a hold rating to a buy rating and set a $50.00 price objective on the stock in a report on Friday, June 7th. Piper Jaffray Companies set a $40.00 price objective on shares of Schlumberger and gave the company a buy rating in a report on Monday, July 1st. Bank of America cut their price objective on shares of Schlumberger from $51.00 to $45.00 and set a buy rating on the stock in a report on Wednesday, August 28th. Finally, Raymond James reissued a hold rating on shares of Schlumberger in a report on Friday, June 21st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fifteen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of $51.11. Read more …


Novo Nordisk A/S (NYSE:NVO) was upgraded by analysts at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Marketbeat.com reports.

A number of other research firms have also weighed in on NVO. Deutsche Bank lowered shares of Novo Nordisk A/S from a “buy” rating to a “hold” rating and set a $52.42 target price on the stock. in a research note on Thursday, June 20th. UBS Group reiterated a “buy” rating and issued a $355.00 price target on shares of Novo Nordisk A/S in a research note on Wednesday, June 19th. ValuEngine lowered shares of Novo Nordisk A/S from a “hold” rating to a “sell” rating in a research note on Tuesday, September 10th. Zacks Investment Research upgraded shares of Novo Nordisk A/S from a “sell” rating to a “hold” rating and set a $50.00 price target on the stock in a research note on Monday, July 15th. Finally, Pareto Securities upgraded shares of Novo Nordisk A/S from a “hold” rating to a “buy” rating in a research note on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. Novo Nordisk A/S has a consensus rating of “Hold” and an average price target of $159.65. Read more …

UBS Group upgraded shares of TJX Companies (NYSE:TJX) from a sell rating to a neutral rating in a research report report published on Tuesday, BenzingaRatingsTable reports. They currently have $58.00 price target on the apparel and home fashions retailer’s stock, up from their previous price target of $41.00.

A number of other brokerages have also issued reports on TJX. Zacks Investment Research upgraded shares of TJX Companies from a sell rating to a hold rating and set a $58.00 target price on the stock in a research report on Monday, September 2nd. Loop Capital upgraded shares of TJX Companies from a hold rating to a buy rating and upped their price target for the company from $50.00 to $60.00 in a report on Friday, August 16th. Nomura upped their price target on shares of TJX Companies from $57.00 to $60.00 and gave the company a buy rating in a report on Tuesday, June 25th. Credit Suisse Group upped their price target on shares of TJX Companies from $55.00 to $56.00 and gave the company a neutral rating in a report on Wednesday, May 22nd. Finally, ValuEngine lowered shares of TJX Companies from a sell rating to a strong sell rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of $59.28. Read more …


Downgrades:



Halliburton (NYSE:HAL) was downgraded by investment analysts at Barclays from an “overweight” rating to an “equal weight” rating in a note issued to investors on Monday, Briefing.com Automated Import reports. They presently have a $23.00 price objective on the oilfield services company’s stock, down from their prior price objective of $31.00. Barclays‘s price objective indicates a potential upside of 13.47% from the company’s previous close.

A number of other equities analysts have also issued reports on the stock. Citigroup lowered their target price on shares of Halliburton from $30.00 to $27.00 and set a “buy” rating on the stock in a research report on Friday, September 6th. Wells Fargo & Co lowered their target price on shares of Halliburton from $30.00 to $26.00 and set an “outperform” rating on the stock in a research report on Thursday. Zacks Investment Research upgraded shares of Halliburton from a “sell” rating to a “hold” rating and set a $20.00 target price on the stock in a research report on Wednesday, July 24th. Stephens lowered their target price on shares of Halliburton from $45.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 23rd. Finally, Edward Jones lowered shares of Halliburton from a “buy” rating to a “hold” rating in a research report on Monday, June 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty have given a buy rating to the company. Halliburton has an average rating of “Buy” and a consensus target price of $37.65. Read more …

Deutsche Bank cut shares of FedEx (NYSE:FDX) from a buy rating to a hold rating in a report issued on Tuesday, The Fly reports.

FDX has been the topic of a number of other reports. Loop Capital decreased their price objective on shares of FedEx from $262.00 to $220.00 in a research note on Wednesday, June 26th. UBS Group set a $136.00 price objective on shares of FedEx and gave the company a sell rating in a research note on Wednesday, June 26th. Morgan Stanley set a $131.00 price objective on shares of FedEx and gave the company a hold rating in a research note on Tuesday, September 3rd. Sanford C. Bernstein set a $205.00 price objective on shares of FedEx and gave the company a buy rating in a research note on Thursday, June 20th. Finally, ValuEngine cut shares of FedEx from a hold rating to a sell rating in a research note on Thursday, August 1st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $190.92. Read more …

Corning (NYSE:GLW) was downgraded by Cross Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, The Fly reports.

A number of other research analysts also recently commented on the stock. TheStreet downgraded shares of Corning from a “b-” rating to a “c+” rating in a research note on Monday, August 26th. S&P Equity Research downgraded shares of Corning from a “positive” rating to a “neutral” rating and reduced their price objective for the company from $40.00 to $30.00 in a research note on Thursday, August 1st. They noted that the move was a valuation call. Barclays started coverage on shares of Corning in a research note on Wednesday, August 7th. They set an “overweight” rating and a $35.00 price objective on the stock. Deutsche Bank set a $36.00 price objective on shares of Corning and gave the company a “buy” rating in a research note on Wednesday, July 31st. Finally, Susquehanna Bancshares reissued a “neutral” rating and set a $30.00 target price (down from $40.00) on shares of Corning in a report on Thursday, August 1st. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $35.10. Read more …

Home Depot (NYSE:HD) was downgraded by analysts at Guggenheim from a “buy” rating to a “neutral” rating in a note issued to investors on Tuesday, The Fly reports.

Other research analysts have also recently issued research reports about the company. Credit Suisse Group set a $213.00 target price on Home Depot and gave the company a “neutral” rating in a research report on Tuesday, August 20th. Gabelli cut Home Depot from a “buy” rating to a “hold” rating in a research report on Tuesday, July 16th. They noted that the move was a valuation call. Wells Fargo & Co reissued an “outperform” rating and issued a $235.00 price objective (up previously from $230.00) on shares of Home Depot in a research report on Wednesday, August 21st. Loop Capital boosted their price objective on Home Depot to $200.00 and gave the stock a “hold” rating in a research report on Wednesday, August 21st. Finally, UBS Group boosted their price objective on Home Depot from $215.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Eleven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $221.39. Read more …



Sanford C. Bernstein cut shares of Costco Wholesale (NASDAQ:COST) from a market perform rating to an underperform rating in a report released on Wednesday, The Fly reports.

COST has been the topic of a number of other reports. Royal Bank of Canada set a $321.00 price objective on shares of Costco Wholesale and gave the stock a buy rating in a report on Friday, September 6th. Citigroup decreased their target price on shares of Costco Wholesale from $243.00 to $241.00 and set a neutral rating for the company in a research report on Friday, May 31st. Loop Capital raised their target price on shares of Costco Wholesale to $330.00 and gave the company a buy rating in a research report on Friday, September 6th. Nomura raised their target price on shares of Costco Wholesale from $235.00 to $256.00 and gave the company a neutral rating in a research report on Thursday, July 11th. Finally, Oppenheimer downgraded shares of Costco Wholesale from an outperform rating to a market perform rating and raised their target price for the company from $295.00 to $300.00 in a research report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and seventeen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $283.72. Read more …

Travelers Companies (NYSE:TRV) was downgraded by research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Wednesday, Marketbeat reports.

Other research analysts also recently issued research reports about the company. Keefe, Bruyette & Woods downgraded Travelers Companies from an “outperform” rating to a “market perform” rating and set a $153.00 target price on the stock. in a report on Wednesday, June 5th. Barclays set a $177.00 target price on Travelers Companies and gave the company a “buy” rating in a report on Monday, August 12th. Royal Bank of Canada raised their price objective on Travelers Companies to $160.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 24th. Morgan Stanley decreased their price objective on Travelers Companies from $140.00 to $136.00 and set an “underweight” rating on the stock in a research note on Thursday, August 15th. Finally, ValuEngine downgraded Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $148.78. Read more …

Unilever (NYSE:UN) was downgraded by research analysts at Morgan Stanley from an “in-line” rating to an “underweight” rating in a research note issued on Wednesday, The Fly reports.

A number of other equities analysts have also weighed in on UN. Goldman Sachs Group upgraded shares of Unilever from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 3rd. Zacks Investment Research lowered shares of Unilever from a “hold” rating to a “sell” rating in a research report on Friday, September 13th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $68.00. Read more …

DIGITAL RLTY TR/SH (NYSE:DLR) was downgraded by Morgan Stanley from an “overweight” rating to an “equal” rating in a research note issued on Thursday, The Fly reports. They currently have a $122.00 price target on the real estate investment trust’s stock, up from their prior price target of $118.00. Morgan Stanley’s target price suggests a potential downside of 2.63% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of DIGITAL RLTY TR/SH from a “sell” rating to a “hold” rating and set a $125.00 target price on the stock in a report on Friday, June 28th. Raymond James upgraded shares of DIGITAL RLTY TR/SH from a “market perform” rating to an “outperform” rating and set a $116.00 target price on the stock in a report on Thursday, June 6th. ValuEngine lowered shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a report on Thursday, June 27th. Argus initiated coverage on shares of DIGITAL RLTY TR/SH in a report on Wednesday, July 3rd. They set a “buy” rating and a $140.00 target price on the stock. Finally, Royal Bank of Canada set a $130.00 target price on shares of DIGITAL RLTY TR/SH and gave the company a “buy” rating in a report on Friday, August 9th. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $127.36. Read more …


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