Notable Analyst Upgrades and Downgrades for Week of May 25, 2020




Upgrades:


Gilead Sciences (NASDAQ:GILD) was upgraded by equities researchers at SunTrust Banks from a “sell” rating to a “hold” rating in a report released on Tuesday, The Fly reports. The firm presently has a $73.00 price target on the biopharmaceutical company’s stock. SunTrust Banks’ target price suggests a potential downside of 0.46% from the stock’s current price.

 

A number of other equities analysts have also weighed in on GILD. Wells Fargo & Co restated a “hold” rating and issued a $84.00 target price on shares of Gilead Sciences in a research note on Friday, May 1st. Jefferies Financial Group reiterated a “buy” rating and issued a $89.00 price objective on shares of Gilead Sciences in a report on Monday, April 13th. Morgan Stanley upped their price objective on Gilead Sciences from $75.00 to $77.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Sanford C. Bernstein cut Gilead Sciences from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $78.00 to $70.00 in a report on Thursday, February 6th. Finally, BidaskClub cut Gilead Sciences from a “hold” rating to a “sell” rating in a report on Wednesday, May 20th. Six equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $78.26. Read more …


Rockwell Automation (NYSE:ROK) was upgraded by equities research analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The brokerage presently has a $250.00 price target on the industrial products company’s stock. Bank of America‘s target price suggests a potential upside of 23.65% from the stock’s previous close.

 

Other research analysts have also issued research reports about the stock. Morgan Stanley raised their price objective on shares of Rockwell Automation from $162.00 to $177.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Barclays raised their price objective on shares of Rockwell Automation from $175.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Rosenblatt Securities lowered shares of Rockwell Automation from a “neutral” rating to a “sell” rating and raised their price objective for the company from $155.00 to $173.00 in a research note on Wednesday, April 29th. Citigroup raised their price objective on shares of Rockwell Automation from $155.00 to $198.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Finally, G.Research downgraded shares of Rockwell Automation from a “hold” rating to a “sell” rating in a report on Thursday, April 30th. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Rockwell Automation currently has an average rating of “Hold” and a consensus target price of $188.83. Read more …


Southwest Airlines (NYSE:LUV) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a report issued on Tuesday, The Fly reports.

 

Other equities research analysts also recently issued research reports about the stock. Susquehanna Bancshares raised shares of Southwest Airlines from a “neutral” rating to a “positive” rating and set a $41.00 price objective for the company in a research report on Tuesday, April 21st. Bank of America raised shares of Southwest Airlines from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $48.00 to $43.00 in a research report on Monday, March 23rd. Raymond James raised shares of Southwest Airlines from a “market perform” rating to a “strong-buy” rating and set a $50.00 price objective for the company in a research report on Monday, March 23rd. Evercore ISI raised shares of Southwest Airlines from an “in-line” rating to an “outperform” rating and set a $55.00 price objective for the company in a research report on Monday, March 2nd. Finally, JPMorgan Chase & Co. raised shares of Southwest Airlines from an “underweight” rating to a “neutral” rating and lowered their price objective for the company from $49.00 to $36.00 in a research report on Monday, April 6th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Southwest Airlines presently has an average rating of “Buy” and a consensus price target of $51.33. Read more …




Downgrades:


Halliburton (NYSE:HAL) was downgraded by UBS Group from a “neutral” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, Marketbeat reports. They currently have a $7.50 target price on the oilfield services company’s stock. UBS Group’s price objective would indicate a potential downside of 35.29% from the stock’s previous close.

 

Other equities research analysts have also recently issued reports about the company. Wells Fargo & Co cut Halliburton from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $18.00 to $8.00 in a research note on Monday, April 13th. Barclays boosted their target price on Halliburton from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 14th. Stifel Nicolaus boosted their target price on Halliburton from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Citigroup lowered their target price on Halliburton from $8.00 to $4.00 and set a “neutral” rating for the company in a research note on Friday, March 20th. Finally, HSBC cut Halliburton from a “buy” rating to a “hold” rating and lowered their target price for the stock from $12.00 to $9.50 in a research note on Thursday, April 30th. Four research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have given a buy rating to the company. Halliburton has an average rating of “Hold” and an average target price of $12.81. Read more …


Eaton (NYSE:ETN) was downgraded by equities researchers at Bank of America from a “buy” rating to a “neutral” rating in a report issued on Tuesday, The Fly reports. The analysts noted that the move was a valuation call.

 

Other equities analysts also recently issued reports about the company. Vertical Research upgraded Eaton from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Barclays reiterated a “hold” rating and issued a $76.00 price target on shares of Eaton in a research note on Monday, April 6th. Citigroup decreased their price target on Eaton from $110.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 3rd. Credit Suisse Group lifted their price target on Eaton from $88.00 to $91.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Finally, Stephens downgraded Eaton from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $93.00 to $81.00 in a research note on Monday, May 4th. Ten analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Eaton has a consensus rating of “Buy” and a consensus target price of $93.12. Read more …


Brown-Forman (NYSE:BF.A) was downgraded by analysts at UBS Group from a “neutral” rating to a “sell” rating in a research report issued on Wednesday, Briefing.com Automated Import reports. They currently have a $56.00 price target on the stock, down from their prior price target of $64.00. UBS Group’s target price would suggest a potential downside of 2.41% from the company’s current price.

 

A number of other research firms have also recently commented on BF.A. ValuEngine raised Brown-Forman from a “sell” rating to a “hold” rating in a report on Tuesday, March 24th. TheStreet upgraded shares of Brown-Forman from a “c+” rating to a “b-” rating in a research note on Monday, May 18th. Finally, Berenberg Bank restated a “hold” rating and set a $49.00 price objective (down previously from $50.00) on shares of Brown-Forman in a research report on Friday, March 6th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $54.67. Read more …




Diageo (LON:DGE) was downgraded by research analysts at Citigroup to a “neutral” rating in a research note issued on Thursday, Digital Look reports.

 

A number of other equities research analysts have also recently weighed in on DGE. Barclays lifted their price target on shares of Diageo from GBX 3,130 ($41.17) to GBX 3,230 ($42.49) and gave the company an “overweight” rating in a research report on Wednesday. Sanford C. Bernstein reaffirmed a “buy” rating and set a GBX 3,060 ($40.25) price objective on shares of Diageo in a research report on Thursday, May 21st. Oddo Bhf reissued a “buy” rating and issued a GBX 3,130 ($41.17) target price on shares of Diageo in a research report on Monday, April 27th. Liberum Capital restated a “buy” rating on shares of Diageo in a research note on Thursday, May 7th. Finally, DZ Bank lifted their price objective on Diageo from GBX 2,550 ($33.54) to GBX 3,250 ($42.75) and gave the company a “buy” rating in a research note on Wednesday, May 20th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 2,902.94 ($38.19). Read more …


Tyson Foods (NYSE:TSN) was downgraded by Argus from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, The Fly reports.

 

A number of other equities analysts have also commented on the company. Sanford C. Bernstein lowered Tyson Foods from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $88.00 to $65.00 in a research note on Friday, April 24th. Bank of America lowered Tyson Foods from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $70.00 to $60.00 in a research note on Tuesday, May 5th. ValuEngine raised Tyson Foods from a “sell” rating to a “hold” rating in a research note on Thursday, May 7th. Stephens cut their price objective on Tyson Foods from $95.00 to $84.00 and set an “equal weight” rating on the stock in a research note on Friday, February 7th. Finally, Piper Sandler lowered Tyson Foods from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $100.00 to $66.00 in a research note on Tuesday, April 28th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. Tyson Foods has a consensus rating of “Hold” and an average price target of $75.15. Read more …


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