Upgrades:
ONEOK (NYSE:OKE) was upgraded by investment analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research note issued on Monday, Briefing.com reports. The brokerage currently has a $36.00 price target on the utilities provider's stock. Wells Fargo & Company's price objective would suggest a potential upside of 35.70% from the company's current price.
OKE has been the topic of several other research reports.
Argus cut ONEOK from a "buy" rating to a "hold" rating in a
research report on Monday, August 3rd. Morgan Stanley lowered their target
price on ONEOK from $26.00 to $25.00 and set an "underweight" rating
on the stock in a research note on Friday, August 21st. Stifel Nicolaus lowered
their target price on ONEOK from $38.00 to $36.00 and set a "buy"
rating on the stock in a research note on Thursday, July 30th. Royal Bank of
Canada boosted their price objective on ONEOK from $31.00 to $33.00 and gave
the company a "sector perform" rating in a research note on Thursday,
July 30th. Finally, Scotiabank cut ONEOK from a "sector outperform"
rating to a "sector perform" rating and set a $31.00 target price for
the company. in a research report on Monday, September 21st. Three analysts
have rated the stock with a sell rating, thirteen have issued a hold rating and
seven have given a buy rating to the company. The stock has an average rating
of "Hold" and an average target price of $37.75. Read
more …
Bank of Montreal (TSE:BMO) (NYSE:BMO) was upgraded by equities research analysts at Bank of America from an "underperform" rating to a "neutral" rating in a report issued on Tuesday, BayStreet.CA reports.
A number of other research firms have also recently weighed
in on BMO. Canaccord Genuity lifted their target price on shares of Bank of
Montreal from C$79.00 to C$80.50 in a research note on Wednesday, August 19th.
Royal Bank of Canada boosted their price target on shares of Bank of Montreal
from C$75.00 to C$86.00 and gave the stock a "sector perform" rating
in a research note on Wednesday, August 26th. TD Securities boosted their price
target on shares of Bank of Montreal from C$84.00 to C$87.00 and gave the stock
a "buy" rating in a research note on Wednesday, August 26th.
Fundamental Research restated a "buy" rating and set a C$94.07 target
price on shares of Bank of Montreal in a research report on Thursday, September
3rd. Finally, Credit Suisse Group upped their target price on shares of Bank of
Montreal from C$75.00 to C$81.00 in a research report on Thursday, August 27th.
Four research analysts have rated the stock with a hold rating and two have
assigned a buy rating to the company's stock. The company has an average rating
of "Hold" and an average price target of C$85.27. Read
more …
Diageo (NYSE:DEO) was upgraded by analysts at Jefferies Financial Group from an "underperform" rating to a "buy" rating in a report issued on Wednesday, The Fly reports.
A number of other analysts have also weighed in on the
stock. UBS Group restated a "buy" rating on shares of Diageo in a
research report on Monday, August 10th. Bryan, Garnier & Co raised shares
of Diageo from a "neutral" rating to a "buy" rating in a
research note on Wednesday, July 8th. Royal Bank of Canada reaffirmed a "sector
perform" rating on shares of Diageo in a research note on Thursday, August
6th. Zacks Investment Research raised shares of Diageo from a "sell"
rating to a "buy" rating and set a $148.00 price target for the
company in a research note on Tuesday. Finally, HSBC assumed coverage on shares
of Diageo in a research note on Wednesday, July 8th. They set a "buy"
rating for the company. Three equities research analysts have rated the stock
with a sell rating, ten have issued a hold rating and nine have issued a buy
rating to the company's stock. The stock currently has a consensus rating of
"Hold" and an average target price of $135.50. Read
more …
Anheuser Busch Inbev (NYSE:BUD) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. Jefferies Financial Group also issued estimates for Anheuser Busch Inbev’s Q3 2020 earnings at $0.74 EPS, Q4 2020 earnings at $0.74 EPS, FY2020 earnings at $1.51 EPS, FY2021 earnings at $3.07 EPS and FY2022 earnings at $3.33 EPS.
Several other equities analysts have also issued reports on
BUD. Evercore ISI raised shares of Anheuser Busch Inbev from an “in-line”
rating to an “outperform” rating and set a $75.00 price target on the stock in
a report on Thursday, July 30th. Barclays reissued an “equal weight” rating on
shares of Anheuser Busch Inbev in a report on Friday, September 18th. Argus
boosted their price objective on shares of Anheuser Busch Inbev from $52.00 to
$62.00 and gave the company a “buy” rating in a report on Tuesday, August 18th.
UBS Group reissued a “neutral” rating on shares of Anheuser Busch Inbev in a
report on Thursday, July 9th. Finally, Kepler Capital Markets reissued a “buy”
rating on shares of Anheuser Busch Inbev in a report on Sunday, September 6th.
Four investment analysts have rated the stock with a sell rating, thirteen have
assigned a hold rating and eight have issued a buy rating to the company.
Anheuser Busch Inbev has a consensus rating of “Hold” and an average target
price of $63.00. Read
more …
Philip Morris International (NYSE:PM) was upgraded by research analysts at Citigroup from a "neutral" rating to a "buy" rating in a note issued to investors on Wednesday, Briefing.com reports. The brokerage currently has a $100.00 target price on the stock, up from their previous target price of $82.00. Citigroup's target price would suggest a potential upside of 32.45% from the company's current price.
Several other equities analysts have also recently weighed
in on the company. ValuEngine cut Philip Morris International from a
"hold" rating to a "sell" rating in a research report on
Monday, August 3rd. Stifel Nicolaus lifted their price target on Philip Morris
International from $85.00 to $90.00 in a research report on Wednesday, July
22nd. Bank of America lifted their price target on Philip Morris International
from $90.00 to $92.00 and gave the company a "buy" rating in a
research report on Friday, September 11th. Goldman Sachs Group upped their
target price on Philip Morris International from $85.00 to $100.00 and gave the
stock a "buy" rating in a report on Wednesday, September 23rd.
Finally, Piper Sandler restated a "buy" rating and issued a $98.00
price target on shares of Philip Morris International in a research note on
Tuesday, August 4th. Two analysts have rated the stock with a sell rating and
twelve have assigned a buy rating to the stock. The company has a consensus
rating of "Buy" and a consensus target price of $93.50. Read
more …
3M (NYSE:MMM) was upgraded by equities research analysts at Gordon Haskett from an “underperform” rating to a “hold” rating in a note issued to investors on Wednesday, Briefing.com reports. The brokerage currently has a $170.00 price objective on the conglomerate’s stock. Gordon Haskett’s price target would indicate a potential upside of 4.79% from the stock’s previous close.
A number of other equities analysts have also recently
issued reports on MMM. Barclays boosted their target price on 3M from $156.00
to $157.00 and gave the company an “underweight” rating in a research note on
Wednesday, July 29th. Credit Suisse Group upped their price target on 3M from
$179.00 to $197.00 and gave the company an “outperform” rating in a research
report on Wednesday, September 16th. Morgan Stanley upped their price target on
3M from $160.00 to $166.00 and gave the company an “equal weight” rating in a
research report on Wednesday, July 29th. Royal Bank of Canada upped their
target price on 3M from $158.00 to $170.00 and gave the stock a “sector
perform” rating in a report on Wednesday, July 29th. Finally, JPMorgan Chase
& Co. upped their target price on 3M from $154.00 to $159.00 and gave the
stock a “neutral” rating in a report on Wednesday, August 5th. Two analysts
have rated the stock with a sell rating, nine have given a hold rating and two
have given a buy rating to the company. 3M presently has a consensus rating of
“Hold” and a consensus target price of $166.50. Read
more …
Paychex (NASDAQ:PAYX) was upgraded by equities research analysts at Citigroup from a "neutral" rating to a "buy" rating in a research note issued to investors on Thursday, The Fly reports. The brokerage presently has a $93.00 target price on the business services provider's stock, up from their previous target price of $75.00. Citigroup's target price would suggest a potential upside of 15.50% from the company's previous close.
Several other analysts have also issued reports on PAYX.
Deutsche Bank boosted their price target on shares of Paychex from $75.00 to
$81.00 and gave the company a "hold" rating in a research report on
Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of
Paychex from $72.00 to $78.00 and gave the company an "underweight"
rating in a research note on Monday, August 17th. Goldman Sachs Group assumed
coverage on shares of Paychex in a research note on Tuesday, July 14th. They
set a "sell" rating and a $64.00 price objective for the company.
BidaskClub raised shares of Paychex from a "hold" rating to a
"buy" rating in a research note on Saturday, September 19th. Finally,
BMO Capital Markets boosted their price objective on shares of Paychex from
$74.00 to $82.00 in a research note on Wednesday. Two analysts have rated the
stock with a sell rating, seven have issued a hold rating and two have given a
buy rating to the stock. Paychex has a consensus rating of "Hold" and
an average target price of $73.60. Read
more …
Franklin Resources (NYSE:BEN) was upgraded by equities researchers at BofA Securities from an “underperform” rating to a “buy” rating in a research note issued to investors on Friday, Briefing.com reports. The brokerage currently has a $26.00 target price on the closed-end fund’s stock, up from their prior target price of $20.00. BofA Securities’ price target would suggest a potential upside of 16.49% from the company’s previous close.
Other equities analysts also recently issued reports about
the stock. Citigroup increased their target price on shares of Franklin
Resources from $20.00 to $22.75 and gave the stock a “neutral” rating in a
research report on Thursday, July 30th. Credit Suisse Group reissued a “sell”
rating and set a $20.00 target price on shares of Franklin Resources in a
research report on Friday, September 11th. Zacks Investment Research downgraded
shares of Franklin Resources from a “strong-buy” rating to a “hold” rating and
set a $22.00 target price on the stock. in a research report on Wednesday,
August 5th. JPMorgan Chase & Co. initiated coverage on Franklin Resources
in a research report on Tuesday, September 29th. They issued a “neutral” rating
and a $23.00 price target on the stock. Finally, ValuEngine downgraded Franklin
Resources from a “sell” rating to a “strong sell” rating in a research report
on Thursday, October 1st. Seven analysts have rated the stock with a sell
rating, ten have assigned a hold rating and one has issued a buy rating to the
stock. The stock has a consensus rating of “Hold” and a consensus price target
of $22.05. Read
more …
International Paper (NYSE:IP) was upgraded by stock analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research report issued on Friday, Briefing.com reports. The brokerage currently has a $52.00 price target on the basic materials company's stock, up from their prior price target of $38.00. Wells Fargo & Company's price objective suggests a potential upside of 22.38% from the stock's previous close.
Several other equities research analysts also recently
commented on IP. BofA Securities raised shares of International Paper from a
"neutral" rating to a "buy" rating in a research note on
Thursday, July 16th. DA Davidson reaffirmed a "buy" rating on shares
of International Paper in a research note on Friday, July 31st. Argus
downgraded shares of International Paper from a "buy" rating to a
"hold" rating in a research note on Friday, August 21st. Zacks
Investment Research raised shares of International Paper from a
"hold" rating to a "strong-buy" rating and set a $48.00
target price for the company in a research note on Wednesday, September 30th.
Finally, Morgan Stanley assumed coverage on shares of International Paper in a
research note on Monday, June 15th. They issued an "underweight"
rating and a $29.00 target price for the company. Three analysts have rated the
stock with a sell rating, eight have issued a hold rating, six have issued a
buy rating and one has assigned a strong buy rating to the stock. The company
has an average rating of "Hold" and a consensus target price of
$43.93. Read
more …
Medtronic (NYSE:MDT) was upgraded by investment analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a research note issued to investors on Thursday, The Fly reports.
Several other equities research analysts have also recently
weighed in on MDT. Wolfe Research initiated coverage on Medtronic in a research
report on Friday, September 11th. They set a “peer perform” rating and a
$115.00 price target on the stock. Credit Suisse Group boosted their price
objective on Medtronic from $117.00 to $118.00 and gave the stock an
“outperform” rating in a report on Wednesday, August 26th. Zacks Investment
Research lowered Medtronic from a “hold” rating to a “strong sell” rating and set
a $84.00 price objective for the company. in a report on Wednesday, July 29th.
Cowen reissued a “buy” rating and set a $110.00 price objective on shares of
Medtronic in a report on Tuesday, August 18th. Finally, Raymond James boosted
their price objective on Medtronic from $107.00 to $115.00 and gave the stock
an “outperform” rating in a report on Wednesday, August 26th. Three equities
research analysts have rated the stock with a sell rating, three have assigned
a hold rating, twenty-two have assigned a buy rating and one has issued a
strong buy rating to the company’s stock. The company presently has a consensus
rating of “Buy” and a consensus price target of $116.07. Read
more …
Downgrades:
On Sunday, Analysts at KeyBanc downgraded shares of AT&T (T) to Underweight from Sector Weight, with a Price Target of $25. The $25 price target represents downside from the stock's current price and is based on 6.2x analysts 2021 adjusted EBITDA estimates. The analysts see a tough road ahead for the company, as the struggles continue to grow for T and the business growth has slowed. Analysts revenue and adj. EBITDA estimates are 1.5% and 5.9% lower than consensus in 3Q, respectively, due to a variety of factors, most notably in Warner Media where analysts expect the combination of return to sports and added expense associated with HBO Max to impact profitability.
The analysts point to a variety of factors expected to
impact profitability, including Mobility revenue, Entertainment revenue, and
the aforementioned WarnerMedia operation. New competition from cable company
MVNOs and T-Mobile are expected to hurt T’s mobility segment with subscriber
growth having slowed. Analysts see T as also being a share donor in the
competition for 5G to the company's detriment, which suggests wireless service
revenues are unlikely to recover in the near term. COVID-19 is also impacting
cellular roaming revenue and should continue to until customers return to
traveling. Read
more …
Public Storage (NYSE:PSA) was downgraded by research analysts at Raymond James from a “market perform” rating to an “underperform” rating in a note issued to investors on Tuesday, Briefing.com reports.
A number of other research firms have also recently weighed
in on PSA. Morgan Stanley raised Public Storage from an “underweight” rating to
an “equal weight” rating and set a $203.00 price objective for the company in a
research report on Monday, September 21st. Goldman Sachs Group initiated
coverage on Public Storage in a research report on Friday, June 26th. They set
a “neutral” rating and a $213.00 price objective for the company. BMO Capital
Markets initiated coverage on Public Storage in a research report on Tuesday,
July 21st. They set a “sell” rating and a $175.00 price objective for the
company. Argus cut Public Storage from a “buy” rating to a “hold” rating in a
research report on Friday, June 19th. Finally, Stifel Nicolaus increased their
price objective on Public Storage from $218.00 to $220.00 and gave the stock a
“buy” rating in a research report on Thursday, August 6th. Five analysts have
rated the stock with a sell rating, five have given a hold rating and three
have issued a buy rating to the company’s stock. Public Storage currently has
an average rating of “Hold” and a consensus target price of $221.17. Read
more …
VF (NYSE:VFC) was downgraded by research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, Briefing.com reports. They presently have a $80.00 price target on the textile maker’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 2.13% from the company’s previous close.
VFC has been the topic of a number of other reports.
JPMorgan Chase & Co. upped their price objective on shares of VF from
$71.00 to $74.00 and gave the company an “overweight” rating in a research note
on Friday, August 14th. Pivotal Research increased their price objective on
shares of VF from $55.00 to $60.00 and gave the stock a “hold” rating in a
research report on Tuesday, July 28th. 140166 boosted their target price on VF
from $69.00 to $81.00 in a research report on Friday, September 25th.
ValuEngine upgraded VF from a “hold” rating to a “buy” rating in a report on
Tuesday, September 1st. Finally, Deutsche Bank boosted their price objective on
VF from $49.00 to $53.00 and gave the company a “hold” rating in a report on Monday,
August 3rd. Eleven research analysts have rated the stock with a hold rating
and ten have issued a buy rating to the company. The company currently has a
consensus rating of “Hold” and an average target price of $72.78. Read
more …
Amgen (NASDAQ:AMGN) was downgraded by analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a report issued on Friday, Briefing.com reports.
A number of other analysts have also issued reports on AMGN.
BidaskClub raised Amgen from a “strong sell” rating to a “sell” rating in a
research note on Saturday, September 19th. SVB Leerink lifted their price
target on Amgen from $253.00 to $261.00 and gave the stock a “market perform”
rating in a research note on Wednesday, July 29th. Cantor Fitzgerald lifted
their price target on Amgen from $263.00 to $279.00 and gave the stock an
“overweight” rating in a research note on Wednesday, July 29th. William Blair
reiterated a “hold” rating on shares of Amgen in a research report on
Wednesday, September 23rd. Finally, Credit Suisse Group reiterated a “buy”
rating on shares of Amgen in a research report on Wednesday, July 29th. Three
equities research analysts have rated the stock with a sell rating, fourteen
have issued a hold rating and fourteen have assigned a buy rating to the
company’s stock. The stock presently has a consensus rating of “Hold” and an
average target price of $255.38. Read
more …
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