Notable Analyst Upgrades and Downgrades for Week of May 18, 2020



Upgrades:


Kraft Heinz (NASDAQ:KHC) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage presently has a $38.00 price target on the stock, up from their prior price target of $32.00. Bank of America‘s target price would suggest a potential upside of 23.79% from the stock’s previous close.

KHC has been the topic of several other reports. TheStreet raised Kraft Heinz from a “d+” rating to a “c-” rating in a research report on Thursday, February 13th. ValuEngine downgraded Kraft Heinz from a “hold” rating to a “sell” rating in a research note on Thursday, April 2nd. Guggenheim upgraded Kraft Heinz from a “sell” rating to a “neutral” rating and set a $22.00 target price for the company in a research note on Friday, March 20th. DZ Bank upgraded Kraft Heinz from a “sell” rating to a “hold” rating and set a $27.00 target price for the company in a research note on Tuesday, April 21st. Finally, BidaskClub upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Wednesday, March 18th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $30.39. Read more …

Williams-Sonoma (NYSE:WSM) was upgraded by research analysts at Wedbush from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday, The Fly reports. The brokerage currently has a $80.00 price objective on the specialty retailer’s stock, up from their prior price objective of $46.00. Wedbush’s price objective suggests a potential upside of 20.26% from the stock’s current price.

Several other research analysts have also commented on WSM. ValuEngine lowered Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Thursday, April 2nd. Barclays raised their target price on Williams-Sonoma from $43.00 to $72.00 and gave the company an “overweight” rating in a research note on Thursday. Robert W. Baird lowered their target price on Williams-Sonoma from $70.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday, March 19th. Telsey Advisory Group lowered their target price on Williams-Sonoma from $80.00 to $60.00 and set a “market perform” rating for the company in a research note on Monday, March 16th. Finally, Loop Capital lowered their target price on Williams-Sonoma from $70.00 to $40.00 and set a “hold” rating for the company in a research note on Friday, March 20th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the stock. Williams-Sonoma currently has an average rating of “Hold” and a consensus price target of $60.00. Read more …

Union Pacific (NYSE:UNP) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, Briefing.com Automated Import reports. The firm presently has a $181.00 target price on the railroad operator’s stock, up from their previous target price of $156.00. UBS Group’s price target indicates a potential upside of 13.65% from the stock’s previous close.

A number of other research firms have also commented on UNP. Cfra reduced their target price on Union Pacific from $190.00 to $172.00 and set a “hold” rating for the company in a report on Friday, April 24th. Benchmark decreased their target price on Union Pacific from $206.00 to $165.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Raymond James dropped their price target on shares of Union Pacific from $212.00 to $185.00 and set a “strong-buy” rating on the stock in a report on Friday, April 17th. Evercore ISI assumed coverage on Union Pacific in a report on Thursday, March 26th. They issued an “outperform” rating and a $174.00 target price on the stock. Finally, Barclays dropped their price target on Union Pacific from $200.00 to $140.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. Eleven analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Union Pacific has an average rating of “Buy” and a consensus price target of $172.00. Read more …


Sonoco Products (NYSE:SON) was upgraded by stock analysts at Wells Fargo & Co from an “equal weight” rating to an “overweight” rating in a research note issued on Thursday, Marketbeat.com reports. The firm currently has a $60.00 price objective on the industrial products company’s stock, up from their prior price objective of $48.00. Wells Fargo & Co‘s price objective indicates a potential upside of 25.18% from the company’s current price.


Other research analysts have also issued research reports about the stock. Argus raised shares of Sonoco Products from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Wednesday, April 22nd. Robert W. Baird cut their target price on shares of Sonoco Products from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Deutsche Bank cut their target price on shares of Sonoco Products from $61.00 to $52.00 and set a “hold” rating for the company in a research report on Thursday, April 16th. DA Davidson raised shares of Sonoco Products from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Friday, April 17th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Sonoco Products in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $55.57. Read more …



American Tower (NYSE:AMT) was upgraded by stock analysts at Oppenheimer from a “market perform” rating to an “outperform” rating in a research note issued to investors on Friday, MarketBeat reports. The firm presently has a $270.00 target price on the real estate investment trust’s stock. Oppenheimer’s price objective would suggest a potential upside of 12.66% from the stock’s current price.


Several other research firms have also commented on AMT. UBS Group raised American Tower from a “neutral” rating to a “buy” rating and set a $270.00 price target on the stock in a research report on Thursday, April 2nd. KeyCorp increased their price objective on American Tower from $254.00 to $273.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. New Street Research raised American Tower from a “neutral” rating to a “buy” rating in a report on Thursday, March 12th. Wells Fargo & Co increased their price objective on American Tower from $265.00 to $272.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, Raymond James raised American Tower from a “market perform” rating to an “outperform” rating and set a $211.00 price objective for the company in a report on Thursday, March 26th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. American Tower has a consensus rating of “Buy” and an average price target of $257.38. Read more …


Downgrades:


Comcast (NASDAQ:CMCSA) was downgraded by stock analysts at Guggenheim from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other analysts also recently issued reports on CMCSA. TD Securities lowered their price objective on shares of Comcast from $47.00 to $45.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Pivotal Research reaffirmed a “buy” rating and issued a $48.00 price objective on shares of Comcast in a research report on Thursday, April 30th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Comcast in a research report on Thursday, April 30th. Barclays reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Comcast in a research report on Friday, April 17th. Finally, Nomura decreased their price target on shares of Comcast from $44.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eighteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $48.19. Read more …


Walt Disney (NYSE:DIS) was downgraded by stock analysts at Loop Capital from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

A number of other research analysts have also recently weighed in on DIS. Atlantic Securities upgraded shares of Walt Disney from a “neutral” rating to an “overweight” rating and dropped their target price for the company from $153.00 to $119.00 in a research note on Thursday, April 2nd. Citigroup dropped their target price on shares of Walt Disney from $161.00 to $135.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Deutsche Bank boosted their target price on shares of Walt Disney from $139.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, February 25th. They noted that the move was a valuation call. Sanford C. Bernstein dropped their price target on shares of Walt Disney from $100.00 to $96.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 6th. Finally, TheStreet cut shares of Walt Disney from a “b-” rating to a “c+” rating in a research note on Thursday, March 12th. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $126.58. Read more …

Tractor Supply (NASDAQ:TSCO) was downgraded by equities research analysts at Northcoast Research from a “buy” rating to a “neutral” rating in a research note issued on Tuesday, The Fly reports.

Other research analysts also recently issued reports about the stock. Wedbush downgraded shares of Tractor Supply from an “outperform” rating to a “neutral” rating and set a $95.00 price target for the company. in a report on Wednesday, April 15th. Piper Sandler boosted their price objective on shares of Tractor Supply from $113.00 to $119.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. Wells Fargo & Co reissued a “buy” rating and issued a $100.00 price objective (up previously from $90.00) on shares of Tractor Supply in a research note on Tuesday, April 7th. Credit Suisse Group reissued a “hold” rating and issued a $95.00 price objective on shares of Tractor Supply in a research note on Sunday, February 2nd. Finally, Loop Capital reissued a “hold” rating and issued a $95.00 price objective on shares of Tractor Supply in a research note on Monday, February 3rd. Twelve analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. Tractor Supply presently has an average rating of “Buy” and an average price target of $104.43. Read more …

ONEOK (NYSE:OKE) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a note issued to investors on Friday, Marketbeat.com reports. They presently have a $37.00 target price on the utilities provider’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 5.17% from the stock’s current price.


A number of other analysts also recently issued reports on OKE. Morgan Stanley cut their target price on ONEOK from $25.00 to $24.00 and set an “underweight” rating for the company in a research note on Wednesday, April 22nd. Robert W. Baird downgraded ONEOK from an “outperform” rating to a “neutral” rating in a research report on Monday, March 9th. Scotiabank started coverage on ONEOK in a research report on Tuesday, January 28th. They set a “sector outperform” rating and a $84.00 price objective for the company. Bank of America cut their price objective on ONEOK from $61.00 to $41.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Finally, Royal Bank of Canada downgraded ONEOK from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $43.00 to $32.00 in a research report on Friday, May 1st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company. ONEOK presently has an average rating of “Hold” and an average target price of $48.15. Read more …



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