Notable Analyst Upgrades and Downgrades for Week of November 9, 2020

 


Upgrades:

 


C.H. Robinson Worldwide (NASDAQ:CHRW) was upgraded by research analysts at Smith Barney Citigroup from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Monday, The Fly reports. The brokerage presently has a $118.00 target price on the transportation company's stock, up from their prior target price of $100.00. Smith Barney Citigroup's target price indicates a potential upside of 26.00% from the company's previous close.

CHRW has been the subject of a number of other reports. Barclays raised C.H. Robinson Worldwide from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $95.00 to $115.00 in a research report on Friday, October 16th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised C.H. Robinson Worldwide from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $100.00 to $118.00 in a research report on Monday. Stifel Nicolaus downgraded C.H. Robinson Worldwide from a "buy" rating to a "hold" rating and boosted their price objective for the stock from $79.00 to $94.00 in a research report on Thursday, July 30th. They noted that the move was a valuation call. Stephens downgraded C.H. Robinson Worldwide from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $110.00 to $95.00 in a research report on Thursday, October 29th. Finally, Loop Capital downgraded C.H. Robinson Worldwide from a "buy" rating to a "hold" rating and set a $96.00 price objective for the company. in a research report on Thursday, July 30th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of "Hold" and a consensus target price of $90.67. Read more …

 


Albemarle (NYSE:ALB) was upgraded by equities research analysts at Smith Barney Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, The Fly reports. The firm presently has a $132.00 price objective on the specialty chemicals company’s stock, up from their prior price objective of $99.00. Smith Barney Citigroup’s target price would suggest a potential upside of 13.53% from the company’s current price.

Several other brokerages also recently weighed in on ALB. KeyCorp increased their target price on shares of Albemarle from $60.00 to $89.00 and gave the company an “underweight” rating in a research note on Friday. Berenberg Bank downgraded shares of Albemarle from a “hold” rating to a “sell” rating and increased their target price for the company from $65.00 to $68.00 in a research note on Monday, July 27th. Jefferies Financial Group increased their target price on shares of Albemarle from $81.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. BMO Capital Markets raised their price target on shares of Albemarle from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised shares of Albemarle from a “neutral” rating to a “buy” rating and raised their price target for the stock from $99.00 to $132.00 in a research note on Monday. Six research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $92.54. Read more …

 


Ventas (NYSE:VTR) was upgraded by stock analysts at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a note issued to investors on Tuesday, Briefing.com reports. The brokerage presently has a $50.00 price target on the real estate investment trust’s stock. Jefferies Financial Group’s target price points to a potential upside of 6.72% from the company’s current price.

Several other equities analysts have also recently issued reports on the stock. Morgan Stanley upped their target price on shares of Ventas from $36.00 to $39.00 and gave the company an “equal weight” rating in a research note on Thursday, September 17th. Royal Bank of Canada upgraded shares of Ventas from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $34.00 to $45.00 in a research note on Friday, August 14th. Barclays upped their target price on shares of Ventas from $37.00 to $42.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 16th. Argus cut shares of Ventas from a “buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Finally, Stifel Nicolaus restated a “hold” rating and set a $43.00 target price on shares of Ventas in a research note on Tuesday, September 1st. Five investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $39.31. Read more …

 

 


Chubb (NYSE:CB) was upgraded by The Goldman Sachs Group from a “sell” rating to a “buy” rating in a research note issued on Tuesday, Briefing.com reports. The brokerage presently has a $163.00 price target on the financial services provider’s stock, up from their previous price target of $120.00. The Goldman Sachs Group’s price objective would suggest a potential upside of 10.90% from the company’s current price.

Several other research firms also recently weighed in on CB. William Blair upgraded Chubb from an “underperform” rating to a “market perform” rating in a research report on Monday, July 20th. Bank of America upgraded Chubb from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $123.00 to $132.00 in a report on Thursday, October 29th. They noted that the move was a valuation call. Zacks Investment Research downgraded Chubb from a “hold” rating to a “strong sell” rating and set a $97.00 price objective for the company. in a report on Wednesday, September 30th. JPMorgan Chase & Co. upgraded Chubb from a “neutral” rating to an “overweight” rating and set a $152.00 price objective for the company in a report on Monday, October 12th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Chubb from $135.00 to $136.00 and gave the company a “hold” rating in a report on Thursday, October 29th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $145.31. Read more …

 


Raytheon Technologies (NYSE:RTX) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a note issued to investors on Tuesday, Briefing.com reports. The brokerage currently has a $79.00 target price on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 21.56% from the company’s current price.

A number of other equities research analysts have also weighed in on the stock. ValuEngine upgraded shares of Raytheon Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, November 3rd. Royal Bank of Canada lowered their price objective on shares of Raytheon Technologies from $69.00 to $66.00 in a report on Friday, July 17th. Morgan Stanley began coverage on shares of Raytheon Technologies in a report on Tuesday, September 8th. They issued an “overweight” rating and a $89.00 price objective for the company. Argus lowered shares of Raytheon Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Credit Suisse Group lowered their price target on shares of Raytheon Technologies from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, October 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $86.47. Read more …

 


The Charles Schwab (NYSE:SCHW) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, Briefing.com reports. The firm presently has a $53.00 price target on the financial services provider’s stock, up from their prior price target of $43.00. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 14.17% from the company’s previous close.

Several other research analysts have also recently issued reports on the stock. Bank of America increased their price target on shares of The Charles Schwab from $40.00 to $42.00 and gave the stock a “neutral” rating in a report on Friday, October 16th. Citigroup increased their price target on shares of The Charles Schwab from $38.00 to $38.50 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Wells Fargo & Company increased their price target on shares of The Charles Schwab from $36.00 to $44.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 3rd. Argus increased their price target on shares of The Charles Schwab from $42.00 to $50.00 in a report on Friday, October 16th. Finally, Credit Suisse Group increased their price target on shares of The Charles Schwab from $41.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, November 3rd. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The Charles Schwab has a consensus rating of “Hold” and an average target price of $44.71. Read more …

 


The Home Depot (NYSE:HD) was upgraded by research analysts at Gordon Haskett from an "accumulate" rating to a "buy" rating in a report released on Thursday, Briefing.com reports. The brokerage presently has a $315.00 price objective on the home improvement retailer's stock. Gordon Haskett's price target suggests a potential upside of 13.41% from the stock's current price.

Other research analysts have also issued reports about the company. Bank of America increased their price objective on The Home Depot from $330.00 to $350.00 and gave the company a "buy" rating in a report on Tuesday, October 20th. Truist Financial raised their target price on The Home Depot from $240.00 to $300.00 in a report on Wednesday, August 12th. Wedbush lowered The Home Depot from an "outperform" rating to a "neutral" rating in a report on Wednesday. DA Davidson assumed coverage on The Home Depot in a report on Friday, August 14th. They set a "neutral" rating and a $290.00 target price on the stock. They noted that the move was a valuation call. Finally, Exane BNP Paribas started coverage on The Home Depot in a research report on Monday, October 5th. They issued an "outperform" rating and a $310.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has issued a strong buy rating to the stock. The Home Depot has a consensus rating of "Buy" and a consensus target price of $288.41. Read more …

 

 


GlaxoSmithKline (NYSE:GSK) was upgraded by equities research analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a report released on Friday, The Fly reports.

GSK has been the subject of several other research reports. Oddo Bhf upgraded shares of GlaxoSmithKline from a "neutral" rating to a "buy" rating in a research note on Wednesday, September 23rd. Berenberg Bank started coverage on shares of GlaxoSmithKline in a research note on Tuesday, September 29th. They set a "buy" rating for the company. AlphaValue upgraded shares of GlaxoSmithKline to a "buy" rating in a research note on Tuesday, September 1st. Societe Generale reissued a "buy" rating on shares of GlaxoSmithKline in a report on Friday, September 18th. Finally, Liberum Capital raised shares of GlaxoSmithKline from a "hold" rating to a "buy" rating in a report on Monday, November 2nd. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. GlaxoSmithKline has an average rating of "Hold" and a consensus target price of $41.00.

GSK stock opened at $37.75 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.90 and a quick ratio of 0.61. GlaxoSmithKline has a 1-year low of $31.43 and a 1-year high of $48.25. The firm has a fifty day moving average price of $36.51 and a two-hundred day moving average price of $39.72. The firm has a market cap of $94.70 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 2.86 and a beta of 0.63. Read more …

 


Digital Realty Trust (NYSE:DLR) was upgraded by stock analysts at Smith Barney Citigroup from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Friday, The Fly reports. The brokerage currently has a $160.00 price target on the real estate investment trust's stock. Smith Barney Citigroup's price objective points to a potential upside of 12.24% from the stock's previous close.

DLR has been the subject of a number of other research reports. UBS Group raised their target price on Digital Realty Trust from $150.00 to $154.00 and gave the company a "neutral" rating in a research note on Friday, July 31st. Jefferies Financial Group reiterated a "buy" rating and issued a $186.00 price objective on shares of Digital Realty Trust in a report on Tuesday, August 11th. Morgan Stanley boosted their target price on shares of Digital Realty Trust from $141.00 to $148.00 and gave the company an "equal weight" rating in a report on Tuesday, September 29th. Credit Suisse Group upped their target price on shares of Digital Realty Trust from $173.00 to $179.00 and gave the stock an "outperform" rating in a research report on Friday, October 30th. Finally, Raymond James raised shares of Digital Realty Trust from a "market perform" rating to an "outperform" rating and set a $175.00 price target for the company in a research report on Friday, July 31st. Seven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of "Buy" and an average target price of $160.16. Read more …

 

 

Downgrades:

 


Brookfield Property Partners (NASDAQ:BPY) (TSE:BPY.UN) was downgraded by equities research analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research report issued on Monday, The Fly reports.

Separately, BidaskClub lowered shares of Brookfield Property Partners from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Brookfield Property Partners currently has an average rating of “Buy” and a consensus target price of $16.45. Brookfield Property Partners stock opened at $15.14 on Monday. The stock has a market cap of $6.54 billion, a P/E ratio of -48.45 and a beta of 1.54. The company has a fifty day simple moving average of $13.00 and a 200-day simple moving average of $11.66. Brookfield Property Partners has a 12-month low of $7.10 and a 12-month high of $20.13. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 1.12. Read more …

 

 


Dominion Energy (NYSE:D) was downgraded by equities research analysts at UBS Group from a "buy" rating to a "neutral" rating in a report issued on Monday, Briefing.com reports. They presently have a $86.00 target price on the utilities provider's stock, up from their previous target price of $81.00. UBS Group's price objective points to a potential upside of 2.75% from the company's current price. The analysts noted that the move was a valuation call.

Other equities research analysts have also issued reports about the company. TheStreet upgraded Dominion Energy from a "c+" rating to a "b-" rating in a research note on Monday, November 2nd. Wells Fargo & Company reiterated a "hold" rating on shares of Dominion Energy in a research note on Friday, July 31st. Zacks Investment Research lowered Dominion Energy from a "buy" rating to a "hold" rating and set a $84.00 target price for the company. in a research note on Thursday, October 29th. Argus lowered Dominion Energy from a "buy" rating to a "hold" rating in a research note on Monday, August 17th. Finally, KeyCorp lowered Dominion Energy to a "hold" rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. Dominion Energy presently has a consensus rating of "Hold" and a consensus price target of $83.18. Read more …

 


The Bank of New York Mellon (NYSE:BK) was downgraded by research analysts at Smith Barney Citigroup from a “buy” rating to a “neutral” rating in a research note issued to investors on Tuesday, The Fly reports.

Other research analysts also recently issued research reports about the company. ValuEngine raised The Bank of New York Mellon from a “strong sell” rating to a “sell” rating in a research note on Monday, July 20th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell downgraded The Bank of New York Mellon from a “buy” rating to a “neutral” rating in a research note on Tuesday. Citigroup cut their price target on The Bank of New York Mellon from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, July 17th. UBS Group cut their price target on The Bank of New York Mellon from $43.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, October 6th. Finally, Morgan Stanley downgraded The Bank of New York Mellon from a “buy” rating to a “neutral” rating in a research note on Tuesday. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $44.68. Read more …

 


Pentair (NYSE:PNR) was downgraded by Bank of America from a "buy" rating to an "underperform" rating in a research report issued on Wednesday, Briefing.com reports. They presently have a $58.00 price target on the industrial products company's stock. Bank of America's price target would suggest a potential upside of 7.85% from the company's current price.

A number of other analysts have also commented on the stock. KeyCorp lowered shares of Pentair from an "overweight" rating to a "sector weight" rating in a research note on Wednesday, October 14th. They noted that the move was a valuation call. Jefferies Financial Group upped their price objective on shares of Pentair from $40.00 to $45.00 and gave the company a "hold" rating in a research note on Monday, July 27th. Seaport Global Securities reaffirmed a "buy" rating on shares of Pentair in a research note on Wednesday, October 21st. TheStreet raised shares of Pentair from a "c+" rating to a "b" rating in a research note on Tuesday, November 3rd. Finally, Royal Bank of Canada upped their price objective on shares of Pentair from $39.00 to $44.00 and gave the company a "sector perform" rating in a research note on Friday, July 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of "Buy" and an average target price of $49.40. Read more …

 

 


Air Products and Chemicals (NYSE:APD) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Thursday, AR Network reports. They currently have a $280.00 price target on the basic materials company’s stock, down from their prior price target of $310.00. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 0.30% from the stock’s current price.

APD has been the topic of several other reports. Barclays boosted their price objective on shares of Air Products and Chemicals from $265.00 to $325.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Monness Crespi & Hardt cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating in a research report on Friday, July 24th. Zacks Investment Research cut shares of Air Products and Chemicals from a “buy” rating to a “hold” rating and set a $305.00 price target on the stock. in a research report on Monday, September 28th. SunTrust Banks boosted their price target on shares of Air Products and Chemicals from $295.00 to $330.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. They noted that the move was a valuation call. Finally, Wells Fargo & Company boosted their price target on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a research report on Thursday, October 15th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $290.50. Read more …

 


Lowe’s Companies (NYSE:LOW) was downgraded by research analysts at Gordon Haskett from a “buy” rating to an “accumulate” rating in a report issued on Thursday, Briefing.com reports. They presently have a $181.00 price objective on the home improvement retailer’s stock. Gordon Haskett’s price objective suggests a potential upside of 14.56% from the stock’s current price.

Several other research analysts have also recently weighed in on LOW. Wells Fargo & Company boosted their target price on Lowe’s Companies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Oppenheimer lowered shares of Lowe’s Companies from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $185.00 to $180.00 in a research report on Friday, September 18th. Morgan Stanley lifted their price target on shares of Lowe’s Companies from $160.00 to $190.00 and gave the company an “overweight” rating in a research report on Tuesday, August 25th. Zacks Investment Research raised shares of Lowe’s Companies from a “hold” rating to a “strong-buy” rating and set a $187.00 price target on the stock in a research report on Monday, August 24th. Finally, KeyCorp lifted their price target on shares of Lowe’s Companies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. One analyst has rated the stock with a sell rating, five have given a hold rating, twenty-six have issued a buy rating and one has given a strong buy rating to the stock. Lowe’s Companies currently has a consensus rating of “Buy” and an average price target of $170.29. Read more …

 


Williams-Sonoma (NYSE:WSM) was downgraded by stock analysts at Gordon Haskett from a “buy” rating to an “accumulate” rating in a research note issued to investors on Thursday, Briefing.com reports. They presently have a $106.00 target price on the specialty retailer’s stock. Gordon Haskett’s price target would suggest a potential upside of 10.67% from the stock’s previous close.

WSM has been the topic of several other reports. Wells Fargo & Company lifted their price objective on Williams-Sonoma from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Monday, August 17th. Telsey Advisory Group boosted their target price on Williams-Sonoma from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, August 27th. ValuEngine cut Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Monday, November 2nd. Loop Capital boosted their target price on Williams-Sonoma from $80.00 to $100.00 and gave the stock a “hold” rating in a report on Thursday, August 27th. Finally, Barclays boosted their target price on Williams-Sonoma from $95.00 to $117.00 and gave the stock an “overweight” rating in a report on Thursday, August 27th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. Williams-Sonoma presently has a consensus rating of “Hold” and an average price target of $89.28. Read more …

 

 


Welltower (NYSE:WELL) was downgraded by equities researchers at Evercore ISI from an "outperform" rating to an "in-line" rating in a report released on Friday, AR Network reports. They presently have a $64.00 price target on the real estate investment trust's stock. Evercore ISI's price objective would indicate a potential upside of 0.66% from the company's previous close.

WELL has been the subject of several other reports. Raymond James downgraded shares of Welltower from an "outperform" rating to a "market perform" rating and set a $45.00 price target for the company. in a research note on Thursday, August 20th. Barclays boosted their price target on Welltower from $50.00 to $58.00 and gave the company an "equal weight" rating in a report on Friday, September 4th. Desjardins started coverage on Welltower in a research report on Wednesday, July 22nd. They set a "buy" rating for the company. Jefferies Financial Group upgraded Welltower from an "underperform" rating to a "hold" rating and set a $60.00 price objective on the stock in a research report on Tuesday. Finally, Mizuho cut Welltower from a "buy" rating to a "neutral" rating and boosted their target price for the company from $51.00 to $57.00 in a research note on Friday, October 16th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of "Hold" and an average price target of $54.88. Read more …


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