Notable Analyst Upgrades and Downgrades for Week of April 13, 2020


Upgrades:


Chubb (NYSE:CB) was upgraded by equities research analysts at Deutsche Bank from a “sell” rating to a “hold” rating in a note issued to investors on Monday, The Fly reports.


A number of other equities research analysts have also issued reports on CB. Piper Sandler upgraded Chubb from a “neutral” rating to an “overweight” rating and lowered their target price for the company from $145.00 to $131.00 in a research note on Monday, April 6th. Atlantic Securities upgraded Chubb from an “underweight” rating to a “neutral” rating and set a $130.00 target price for the company in a research note on Tuesday, March 24th. Royal Bank of Canada lowered their target price on Chubb from $178.00 to $154.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Morgan Stanley lowered their target price on Chubb from $168.00 to $139.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Finally, TheStreet downgraded Chubb from a “b” rating to a “c+” rating in a report on Monday, March 23rd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $154.07. Read more …

Target (NYSE:TGT) was upgraded by equities researchers at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued on Wednesday, Briefing.com Automated Import reports. The brokerage currently has a $125.00 price objective on the retailer’s stock, up from their prior price objective of $115.00. BMO Capital Markets’ price objective suggests a potential upside of 15.33% from the stock’s current price.


A number of other equities research analysts also recently weighed in on TGT. Goldman Sachs Group upgraded shares of Target from a “buy” rating to a “conviction-buy” rating in a research note on Wednesday, March 4th. Nomura reiterated a “buy” rating and set a $131.00 target price on shares of Target in a research report on Monday, March 23rd. Robert W. Baird reiterated a “buy” rating and set a $140.00 target price on shares of Target in a research report on Tuesday, March 3rd. Odeon Capital Group started coverage on shares of Target in a research report on Thursday, January 23rd. They set a “buy” rating and a $124.00 target price on the stock. Finally, Stifel Nicolaus cut their target price on shares of Target from $130.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, March 4th. Seven research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $125.14. Read more …

Air Products & Chemicals (NYSE:APD) was upgraded by research analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a report released on Wednesday, Briefing.com Automated Import reports. The brokerage presently has a $262.00 price target on the basic materials company’s stock, up from their previous price target of $246.00. Sanford C. Bernstein’s target price indicates a potential upside of 18.66% from the stock’s current price.


Several other research analysts also recently weighed in on APD. Atlantic Securities upgraded Air Products & Chemicals to a “buy” rating in a research note on Monday, March 16th. HSBC upgraded Air Products & Chemicals from a “hold” rating to a “buy” rating and set a $235.00 price target for the company in a research note on Friday, March 13th. Deutsche Bank upped their price target on Air Products & Chemicals from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. JPMorgan Chase & Co. dropped their price target on Air Products & Chemicals from $253.00 to $237.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Finally, Zacks Investment Research raised Air Products & Chemicals from a “hold” rating to a “buy” rating and set a $227.00 price objective on the stock in a report on Thursday, April 9th. 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 $245.21. Read more …

Campbell Soup (NYSE:CPB) was upgraded by equities research analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a research note issued to investors on Wednesday, Briefing.com Automated Import reports. The firm presently has a $55.00 target price on the stock, up from their previous target price of $48.00. Piper Sandler’s price objective points to a potential upside of 9.85% from the company’s current price.


Several other analysts also recently commented on CPB. ValuEngine raised Campbell Soup from a “sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Jefferies Financial Group reaffirmed a “hold” rating and set a $53.00 price objective on shares of Campbell Soup in a research note on Tuesday, March 24th. Royal Bank of Canada reaffirmed a “buy” rating and set a $59.00 price objective on shares of Campbell Soup in a research note on Tuesday. Sanford C. Bernstein raised Campbell Soup from an “underperform” rating to a “market perform” rating and upped their price objective for the company from $40.00 to $50.00 in a research note on Wednesday, March 18th. Finally, Wells Fargo & Co upped their price objective on Campbell Soup from $48.00 to $54.00 and gave the company an “equal weight” rating in a research note on Thursday, March 5th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $49.06. Read more …


Sanford C. Bernstein upgraded shares of Diageo (LON:DGE) to an outperform rating in a report published on Wednesday, Borsen Zeitung reports. They currently have GBX 3,060 ($40.25) target price on the stock, up from their prior target price of GBX 3,040 ($39.99).


DGE has been the topic of a number of other reports. Credit Suisse Group lowered their price objective on shares of Diageo from GBX 3,550 ($46.70) to GBX 3,450 ($45.38) and set an outperform rating on the stock in a research report on Wednesday, February 26th. Jefferies Financial Group reaffirmed a neutral rating and issued a GBX 2,800 ($36.83) price target on shares of Diageo in a research note on Thursday, April 9th. Citigroup reiterated a buy rating on shares of Diageo in a report on Monday, February 3rd. Liberum Capital upgraded Diageo to a buy rating and set a GBX 3,100 ($40.78) target price on the stock in a research note on Tuesday, April 7th. Finally, Deutsche Bank cut their price target on Diageo from GBX 3,200 ($42.09) to GBX 2,850 ($37.49) and set a hold rating for the company in a research note on Thursday, April 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. Diageo has a consensus rating of Buy and a consensus price target of GBX 2,936.88 ($38.63). Read more …

American Water Works (NYSE:AWK) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, The Fly reports.


Other equities analysts have also recently issued research reports about the stock. UBS Group decreased their price objective on shares of American Water Works from $148.00 to $127.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Bank of America restated an “underperform” rating and issued a $128.00 price objective on shares of American Water Works in a research report on Wednesday, February 19th. Zacks Investment Research upgraded shares of American Water Works from a “hold” rating to a “buy” rating and set a $142.00 price objective on the stock in a research report on Wednesday. Janney Montgomery Scott restated a “buy” rating on shares of American Water Works in a research report on Thursday, March 5th. Finally, Robert W. Baird boosted their price objective on shares of American Water Works from $128.00 to $139.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. American Water Works presently has a consensus rating of “Hold” and a consensus price target of $137.86. Read more …

J M Smucker (NYSE:SJM) was upgraded by Credit Suisse Group from an “underperform” rating to a “neutral” rating in a research note issued on Thursday, Marketbeat.com reports. The firm currently has a $115.00 target price on the stock. Credit Suisse Group’s price objective suggests a potential downside of 4.24% from the stock’s previous close.


A number of other research firms have also weighed in on SJM. Barclays reissued a “hold” rating and set a $112.00 target price on shares of J M Smucker in a research report on Thursday, February 27th. Deutsche Bank boosted their target price on shares of J M Smucker from $108.00 to $110.00 and gave the stock a “hold” rating in a research report on Thursday, February 27th. TheStreet raised shares of J M Smucker from a “c+” rating to a “b-” rating in a research report on Tuesday, February 4th. Sanford C. Bernstein raised shares of J M Smucker from an “underperform” rating to a “market perform” rating and upped their price objective for the company from $92.00 to $115.00 in a research report on Wednesday, March 18th. Finally, ValuEngine raised shares of J M Smucker from a “sell” rating to a “hold” rating in a research report on Tuesday, March 17th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $112.92. Read more …

Kraft Heinz (NASDAQ:KHC) was upgraded by investment analysts at Wells Fargo & Co from an “equal weight” rating to an “overweight” rating in a note issued to investors on Thursday, The Fly reports.


A number of other equities analysts have also issued reports on the company. Evercore ISI started coverage on Kraft Heinz in a report on Friday, February 14th. They set a “hold” rating and a $30.00 price target on the stock. Stifel Nicolaus lowered Kraft Heinz to a “hold” rating and set a $30.00 price target on the stock. in a report on Tuesday, February 18th. Cfra lowered their price target on Kraft Heinz from $33.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday, February 13th. JPMorgan Chase & Co. raised Kraft Heinz from a “neutral” rating to an “overweight” rating and set a $29.00 price target on the stock in a report on Wednesday, March 25th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $27.00 price target on shares of Kraft Heinz in a report on Tuesday, April 7th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $28.82. Read more …


Downgrades:


Eaton (NYSE:ETN) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They currently have a $91.00 price objective on the industrial products company’s stock, down from their previous price objective of $110.00. JPMorgan Chase & Co.‘s target price points to a potential upside of 13.98% from the company’s current price.

A number of other equities research analysts have also recently commented on the company. Argus reiterated a “positive” rating and set a $105.00 target price on shares of Eaton in a research note on Tuesday, January 21st. Robert W. Baird lifted their target price on Eaton from $101.00 to $104.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 5th. Oppenheimer started coverage on Eaton in a research note on Tuesday, February 4th. They issued a “buy” rating and a $115.00 price objective on the stock. Morgan Stanley lowered their price objective on Eaton from $106.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 17th. Finally, Gordon Haskett upgraded Eaton from a “hold” rating to a “buy” rating and lowered their price objective for the company from $98.00 to $92.00 in a research note on Friday, April 3rd. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $97.82. Read more …

Morgan Stanley downgraded shares of Texas Instruments (NASDAQ:TXN) from an equal weight rating to an underweight rating in a research note released on Monday morning, BenzingaRatingsTable reports. The firm currently has $101.00 target price on the semiconductor company’s stock, down from their prior target price of $107.00.

Several other equities analysts also recently weighed in on TXN. Royal Bank of Canada raised their price target on Texas Instruments from $124.00 to $135.00 and gave the company a sector perform rating in a report on Thursday, January 23rd. Loop Capital reaffirmed a buy rating and set a $145.00 price objective on shares of Texas Instruments in a research report on Thursday, January 23rd. Jefferies Financial Group lifted their target price on Texas Instruments from $150.00 to $164.00 and gave the company a buy rating in a research note on Thursday, January 23rd. Goldman Sachs Group downgraded Texas Instruments from a neutral rating to a sell rating and reduced their price objective for the stock from $123.00 to $88.00 in a research note on Tuesday, March 24th. Finally, Oppenheimer boosted their target price on Texas Instruments from $120.00 to $140.00 in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and ten have assigned a buy rating to the stock. Texas Instruments has an average rating of Hold and an average price target of $124.41. Read more …

Caterpillar (NYSE:CAT) was downgraded by Bank of America from a “neutral” rating to an “underperform” rating in a research note issued on Monday, Marketbeat.com reports. They presently have a $115.00 target price on the industrial products company’s stock. Bank of America‘s price objective points to a potential downside of 1.27% from the stock’s current price.


A number of other equities research analysts have also weighed in on CAT. Stephens lowered their price objective on shares of Caterpillar from $100.00 to $80.00 and set an “underweight” rating for the company in a report on Thursday, April 9th. Citigroup lowered their price target on shares of Caterpillar from $130.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. Robert W. Baird lowered their price target on shares of Caterpillar from $185.00 to $157.00 and set an “outperform” rating for the company in a report on Friday, March 13th. JPMorgan Chase & Co. upped their price target on shares of Caterpillar from $155.00 to $178.00 and gave the company an “overweight” rating in a report on Friday, December 20th. Finally, Goldman Sachs Group upgraded shares of Caterpillar from a “neutral” rating to a “buy” rating and upped their price target for the company from $156.00 to $168.00 in a report on Thursday, February 13th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $131.83. Read more …

Robert W. Baird lowered shares of Deere & Company (NYSE:DE) from an outperform rating to a neutral rating in a research note issued to investors on Monday, BenzingaRatingsTable reports. They currently have $150.00 price target on the industrial products company’s stock.

A number of other research analysts have also recently issued reports on DE. Telsey Advisory Group raised Deere & Company from a market perform rating to an outperform rating in a report on Friday, March 27th. Citigroup dropped their price objective on Deere & Company from $165.00 to $160.00 and set a buy rating for the company in a report on Tuesday, March 31st. Royal Bank of Canada reissued an outperform rating and set a $210.00 price objective on shares of Deere & Company in a report on Monday, February 24th. Credit Suisse Group boosted their price objective on Deere & Company from $204.00 to $210.00 and gave the stock an outperform rating in a report on Monday, February 24th. Finally, Argus reissued a buy rating and set a $166.65 price objective (down from $185.00) on shares of Deere & Company in a report on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the stock. Deere & Company has a consensus rating of Hold and a consensus price target of $169.72. Read more …

Robert W. Baird downgraded shares of DIGITAL RLTY TR/SH (NYSE:DLR) from an outperform rating to a neutral rating in a report issued on Monday morning, BenzingaRatingsTable reports. They currently have $144.00 target price on the real estate investment trust’s stock, up from their previous target price of $142.00.

DLR has been the topic of several other research reports. Jefferies Financial Group upgraded shares of DIGITAL RLTY TR/SH from a hold rating to a buy rating and boosted their target price for the company from $132.00 to $141.00 in a research note on Thursday, January 16th. UBS Group boosted their target price on shares of DIGITAL RLTY TR/SH from $120.00 to $126.00 and gave the company a neutral rating in a research note on Friday, February 14th. Argus upped their price target on shares of DIGITAL RLTY TR/SH from $130.00 to $148.00 and gave the stock a buy rating in a research report on Friday, April 3rd. SunTrust Banks upped their price target on shares of DIGITAL RLTY TR/SH from $140.00 to $152.00 and gave the stock a buy rating in a research report on Tuesday, February 18th. Finally, Royal Bank of Canada reiterated a buy rating and set a $142.00 price target on shares of DIGITAL RLTY TR/SH in a research report on Monday, March 9th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of Buy and an average target price of $135.47. Read more …

Fortis (NYSE:FTS) was downgraded by stock analysts at Bank of America from a “neutral” rating to an “underperform” rating in a note issued to investors on Tuesday, Briefing.com Automated Import reports.

Several other analysts have also recently commented on the company. TD Securities upgraded Fortis from a “hold” rating to a “buy” rating in a report on Tuesday, March 31st. CIBC upgraded Fortis from a “neutral” rating to a “sector outperform” rating and set a $55.00 target price on the stock in a report on Friday, March 20th. Raymond James raised Fortis from a “market perform” rating to an “outperform” rating in a research note on Friday, March 13th. UBS Group cut their price target on Fortis from $64.00 to $58.00 and set a “buy” rating on the stock in a research note on Monday, March 16th. Finally, BMO Capital Markets raised Fortis from a “market perform” rating to an “outperform” rating and cut their price target for the company from $57.00 to $55.00 in a research note on Monday, March 30th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $55.14. Read more …

Bank of America cut shares of Simon Property Group (NYSE:SPG) from a buy rating to a neutral rating in a report published on Tuesday morning, Briefing.com Automated Import reports. The brokerage currently has $62.00 target price on the real estate investment trust’s stock.


SPG has been the subject of several other research reports. Wells Fargo & Co cut their price objective on shares of Simon Property Group from $168.00 to $130.00 and set an overweight rating for the company in a research report on Monday, March 16th. Stifel Nicolaus cut their price objective on shares of Simon Property Group from $160.00 to $150.00 and set a hold rating for the company in a research report on Tuesday, February 4th. Cfra cut their price objective on shares of Simon Property Group from $145.00 to $120.00 and set a sell rating for the company in a research report on Friday, February 14th. BTIG Research dropped their target price on shares of Simon Property Group from $218.00 to $99.00 and set a buy rating for the company in a report on Friday, March 27th. Finally, Raymond James dropped their target price on shares of Simon Property Group from $175.00 to $160.00 and set an outperform rating for the company in a report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $124.93. Read more …

Invesco (NYSE:IVZ) was downgraded by equities research analysts at Citigroup from a “neutral” rating to a “sell” rating in a research report issued on Wednesday, Briefing.com Automated Import reports. They presently have a $5.50 price objective on the asset manager’s stock. Citigroup‘s target price suggests a potential downside of 43.93% from the company’s previous close.


A number of other research firms also recently issued reports on IVZ. Autonomous Res raised shares of Invesco from a “neutral” rating to an “outperform” rating in a report on Thursday, February 20th. Zacks Investment Research lowered Invesco from a “hold” rating to a “sell” rating and set a $8.00 price objective for the company. in a research note on Monday, April 6th. Evercore ISI restated a “sell” rating and set a $17.00 target price on shares of Invesco in a report on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price on Invesco from $20.00 to $8.00 in a report on Monday, March 16th. Finally, ValuEngine downgraded Invesco from a “sell” rating to a “strong sell” rating in a report on Thursday, April 2nd. Six investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. Invesco has a consensus rating of “Hold” and a consensus price target of $14.50. Read more …

Mastercard (NYSE:MA) was downgraded by equities research analysts at Guggenheim from a “buy” rating to a “neutral” rating in a report released on Thursday, MarketBeat Ratings reports.


A number of other research firms also recently issued reports on MA. Macquarie began coverage on shares of Mastercard in a research report on Tuesday, January 21st. They set an “outperform” rating and a $365.00 target price on the stock. Barclays lowered their price objective on shares of Mastercard from $370.00 to $335.00 and set an “overweight” rating on the stock in a report on Thursday, March 26th. Oppenheimer lowered their price objective on shares of Mastercard from $340.00 to $280.00 in a report on Wednesday, March 25th. Nomura lowered their price objective on shares of Mastercard from $368.00 to $334.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Finally, BMO Capital Markets upped their price objective on shares of Mastercard from $348.00 to $362.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Five research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. Mastercard presently has an average rating of “Buy” and an average price target of $317.68. Read more …


Kimco Realty (NYSE:KIM) was downgraded by research analysts at Compass Point from a “neutral” rating to a “sell” rating in a report issued on Thursday, MarketBeat.com reports. They currently have a $12.00 target price on the real estate investment trust’s stock. Compass Point’s target price would indicate a potential upside of 37.54% from the company’s current price.

Several other research analysts have also recently issued reports on KIM. Citigroup reduced their price objective on Kimco Realty from $20.50 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Jefferies Financial Group initiated coverage on Kimco Realty in a report on Wednesday, January 15th. They set a “hold” rating and a $19.00 target price on the stock. JPMorgan Chase & Co. lowered Kimco Realty from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $22.00 to $21.00 in a report on Wednesday, December 18th. BTIG Research lowered Kimco Realty from a “buy” rating to a “neutral” rating in a report on Monday, January 6th. Finally, ValuEngine raised Kimco Realty from a “strong sell” rating to a “sell” rating in a report on Monday, March 9th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. Kimco Realty has a consensus rating of “Hold” and a consensus price target of $17.78. Read more …



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