Notable Analyst Upgrades and Downgrades for Week of November 23, 2020

 


 

Upgrades: 

 


Rockwell Automation (NYSE:ROK) was upgraded by equities researchers at Morgan Stanley from an "equal weight" rating to an "overweight" rating in a report issued on Monday, The Fly reports. 

A number of other equities analysts also recently commented on the stock. Stephens initiated coverage on shares of Rockwell Automation in a research note on Thursday, October 15th. They issued an "equal weight" rating on the stock. William Blair reissued a "market perform" rating on shares of Rockwell Automation in a report on Wednesday, July 29th. Rosenblatt Securities lifted their target price on Rockwell Automation from $205.00 to $245.00 and gave the stock a "neutral" rating in a report on Wednesday, November 11th. Zacks Investment Research upgraded Rockwell Automation from a "hold" rating to a "buy" rating and set a $256.00 price target on the stock in a research report on Friday, November 13th. Finally, Berenberg Bank started coverage on Rockwell Automation in a research report on Thursday, August 20th. They issued a "buy" rating and a $270.00 target price on the stock. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. Rockwell Automation has a consensus rating of "Hold" and a consensus price target of $225.24. 

NYSE:ROK opened at $247.63 on Monday. Rockwell Automation has a 52 week low of $115.38 and a 52 week high of $267.48. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $28.77 billion, a PE ratio of 37.58, a price-to-earnings-growth ratio of 4.78 and a beta of 1.47. The stock's 50-day moving average price is $241.13 and its 200-day moving average price is $222.63. Read more ... 

 


American Electric Power (NASDAQ:AEP) was upgraded by equities researchers at Guggenheim from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Monday, Stock Target Advisor reports. 

Several other equities research analysts also recently issued reports on the company. Royal Bank of Canada lifted their price objective on American Electric Power from $94.00 to $98.00 and gave the stock an “outperform” rating in a report on Monday, October 26th. Wolfe Research lowered shares of American Electric Power from an “outperform” rating to a “peer perform” rating in a research note on Monday, November 16th. KeyCorp upped their price target on shares of American Electric Power from $96.00 to $97.00 and gave the company an “overweight” rating in a report on Monday, October 19th. BidaskClub lowered shares of American Electric Power from a “buy” rating to a “hold” rating in a report on Friday, November 6th. Finally, Morgan Stanley upped their target price on shares of American Electric Power from $106.00 to $108.00 and gave the company an “overweight” rating in a research note on Tuesday, November 17th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $102.50. Read more ... 

 


Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) was upgraded by investment analysts at Credit Suisse Group from an "underperform" rating to a "neutral" rating in a research note issued to investors on Monday, AR Network reports. The firm currently has a $50.00 price target on the utilities provider's stock, up from their previous price target of $43.00. Credit Suisse Group's price target points to a potential downside of 2.86% from the company's current price. 

BIP has been the topic of a number of other reports. Bank of America increased their price objective on shares of Brookfield Infrastructure Partners from $48.00 to $51.00 and gave the stock a "buy" rating in a research report on Friday, September 25th. Citigroup increased their price objective on shares of Brookfield Infrastructure Partners from $41.00 to $45.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 19th. Barclays upped their target price on shares of Brookfield Infrastructure Partners from $62.00 to $66.00 and gave the stock an "equal weight" rating in a research note on Monday, September 28th. BMO Capital Markets upped their target price on shares of Brookfield Infrastructure Partners from $47.00 to $48.00 and gave the stock an "outperform" rating in a research note on Thursday, August 6th. Finally, Zacks Investment Research downgraded shares of Brookfield Infrastructure Partners from a "buy" rating to a "hold" rating in a research note on Friday, November 13th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of "Buy" and a consensus target price of $53.83. Read more ... 

 

 


Chubb (NYSE:CB) was upgraded by equities researchers at Raymond James from an “outperform” rating to a “strong-buy” rating in a research note issued to investors on Tuesday, Analyst Ratings Network reports. The firm currently has a $180.00 price target on the financial services provider’s stock, up from their prior price target of $150.00. Raymond James’ price objective points to a potential upside of 20.78% from the stock’s current price. 

Several other equities analysts have also commented on CB. TheStreet upgraded shares of Chubb from a “c” rating to a “b-” rating in a research note on Thursday, October 29th. Bank of America upgraded shares of Chubb from an “underperform” rating to a “neutral” rating and increased their price target for the company from $123.00 to $132.00 in a research note on Thursday, October 29th. They noted that the move was a valuation call. The Goldman Sachs Group upgraded shares of Chubb from a “sell” rating to a “buy” rating and raised their target price for the stock from $120.00 to $163.00 in a research report on Tuesday, November 10th. Credit Suisse Group raised their target price on shares of Chubb from $144.00 to $152.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Chubb from $135.00 to $136.00 and gave the stock a “hold” rating in a research report on Thursday, October 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Chubb presently has a consensus rating of “Buy” and an average price target of $149.29. Read more ... 

 


Wells Fargo & Company (NYSE:WFC) was upgraded by stock analysts at Raymond James from an “underperform” rating to an “outperform” rating in a note issued to investors on Tuesday, AnalystRatings.net reports. The brokerage currently has a $32.00 price target on the financial services provider’s stock. Raymond James’ price objective suggests a potential upside of 21.67% from the company’s current price. 

A number of other equities analysts also recently weighed in on the stock. Compass Point raised shares of Wells Fargo & Company from a “neutral” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Friday, November 6th. UBS Group raised Wells Fargo & Company from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $21.00 to $24.00 in a report on Friday, September 11th. ValuEngine cut Wells Fargo & Company from a “buy” rating to a “hold” rating in a research note on Thursday, October 1st. Morgan Stanley cut their price target on Wells Fargo & Company from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Friday, September 11th. Finally, Odeon Capital Group upgraded Wells Fargo & Company from a “hold” rating to a “buy” rating in a research report on Wednesday, September 2nd. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have issued a buy rating to the company. Wells Fargo & Company has an average rating of “Hold” and an average price target of $31.30. Read more ... 

 


Target (NYSE:TGT) was upgraded by equities research analysts at Argus from a “hold” rating to a “buy” rating in a report issued on Tuesday, The Fly reports. 

Several other research firms also recently issued reports on TGT. Zacks Investment Research raised Target from a “hold” rating to a “buy” rating and set a $163.00 price target on the stock in a research note on Thursday, August 20th. Tigress Financial reissued a “buy” rating on shares of Target in a research report on Wednesday, September 23rd. Jefferies Financial Group initiated coverage on Target in a research report on Friday, October 16th. They set a “hold” rating and a $180.00 price target for the company. JPMorgan Chase & Co. reiterated a “focus list” rating on shares of Target in a report on Wednesday, August 12th. Finally, BMO Capital Markets increased their target price on shares of Target from $135.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Eight investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have issued a strong buy rating to the company. Target has a consensus rating of “Buy” and an average target price of $147.14. Read more ... 

 

 


Diageo (NYSE:DEO) was upgraded by analysts at Credit Suisse Group from a "neutral" rating to an "outperform" rating in a research report issued to clients and investors on Wednesday, The Fly reports. 

A number of other equities research analysts also recently issued reports on DEO. Barclays reiterated an "overweight" rating on shares of Diageo in a research report on Monday, November 9th. Berenberg Bank reiterated a "hold" rating on shares of Diageo in a research report on Thursday, August 6th. Royal Bank of Canada reiterated a "sector perform" rating on shares of Diageo in a research report on Thursday, August 6th. Jefferies Financial Group upgraded shares of Diageo from an "underperform" rating to a "buy" rating and lifted their price target for the company from $109.00 to $164.00 in a research report on Wednesday, October 7th. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Diageo in a research note on Monday, October 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the stock. Diageo presently has a consensus rating of "Hold" and an average target price of $145.00. 

NYSE DEO opened at $156.41 on Wednesday. The business's 50-day moving average price is $142.82 and its 200 day moving average price is $139.72. Diageo has a 52-week low of $100.52 and a 52-week high of $171.29. The company has a quick ratio of 0.88, a current ratio of 1.77 and a debt-to-equity ratio of 1.80. The firm has a market cap of $91.45 billion, a P/E ratio of 28.44, a P/E/G ratio of 3.74 and a beta of 0.55. Read more ... 

 

 

Downgrades: 

 


Franklin Resources (NYSE:BEN) was downgraded by equities researchers at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Monday, Anlyst Ratings reports. They presently have a $23.00 price objective on the closed-end fund’s stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 11.60% from the company’s current price. 

BEN has been the subject of several other reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Franklin Resources from $19.00 to $21.00 and gave the company a “hold” rating in a research report on Wednesday, November 11th. Credit Suisse Group boosted their target price on shares of Franklin Resources from $21.00 to $22.00 and gave the company an “underperform” rating in a research report on Wednesday, October 28th. Wells Fargo & Company dropped their target price on shares of Franklin Resources from $22.00 to $20.00 and set an “underweight” rating for the company in a research report on Wednesday, October 28th. ValuEngine lowered shares of Franklin Resources from a “sell” rating to a “strong sell” rating in a report on Thursday, October 1st. Finally, Bank of America raised shares of Franklin Resources from an “underperform” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Friday, October 9th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $22.05. Read more ... 

 


Dover (NYSE:DOV) was downgraded by investment analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a note issued to investors on Monday, The Fly reports. 

Several other analysts have also issued reports on DOV. Oppenheimer reissued a "hold" rating on shares of Dover in a report on Sunday. Zacks Investment Research raised Dover from a "hold" rating to a "buy" rating and set a $113.00 price target for the company in a report on Tuesday, September 22nd. JPMorgan Chase & Co. upped their price objective on Dover from $130.00 to $134.00 and gave the stock an "overweight" rating in a research note on Thursday, October 22nd. Bank of America upped their price objective on Dover from $122.00 to $126.00 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. Finally, Robert W. Baird upped their price objective on Dover from $129.00 to $140.00 and gave the stock an "outperform" rating in a research note on Thursday. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. The company currently has an average rating of "Buy" and a consensus price target of $114.20. 

NYSE:DOV opened at $123.48 on Monday. The stock has a 50-day simple moving average of $115.21 and a two-hundred day simple moving average of $105.24. Dover has a 52-week low of $62.95 and a 52-week high of $127.39. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.00 and a current ratio of 1.47. The firm has a market capitalization of $17.79 billion, a PE ratio of 26.84, a P/E/G ratio of 2.00 and a beta of 1.36. Read more ... 

 

 


Kellogg (NYSE:K) was downgraded by Credit Suisse Group from an “outperform” rating to a “neutral” rating in a report issued on Monday, Analyst Ratings Network reports. They currently have a $68.00 target price on the stock, down from their previous target price of $77.00. Credit Suisse Group’s price objective would indicate a potential upside of 4.60% from the company’s previous close. 

Several other research analysts also recently commented on the stock. Zacks Investment Research raised shares of Kellogg from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a report on Wednesday, July 29th. The Goldman Sachs Group downgraded shares of Kellogg from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $71.00 to $73.00 in a report on Thursday, July 30th. Morgan Stanley lifted their price objective on shares of Kellogg from $67.00 to $71.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Seaport Global Securities started coverage on shares of Kellogg in a report on Tuesday, July 28th. They set a “buy” rating and a $76.00 price objective for the company. Finally, Royal Bank of Canada reaffirmed a “hold” rating and set a $69.00 price objective on shares of Kellogg in a report on Tuesday, July 28th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $71.06. Read more ... 

 


Philip Morris International (NYSE:PM) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating in a research note issued on Friday, The Fly reports. 

Other equities analysts have also recently issued research reports about the company. Bank of America upped their target price on Philip Morris International from $90.00 to $92.00 and gave the stock a "buy" rating in a report on Friday, September 11th. ValuEngine lowered Philip Morris International from a "hold" rating to a "sell" rating in a research report on Monday, August 3rd. Goldman Sachs Group upped their price target on Philip Morris International from $85.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, September 23rd. Stifel Nicolaus upped their price target on Philip Morris International from $85.00 to $90.00 in a research report on Wednesday, July 22nd. Finally, Citigroup upgraded Philip Morris International from a "neutral" rating to a "buy" rating and upped their price target for the company from $82.00 to $100.00 in a research report on Wednesday, October 7th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. Philip Morris International has an average rating of "Buy" and an average price target of $92.91. 

Philip Morris International stock opened at $74.86 on Friday. Philip Morris International has a 52 week low of $56.01 and a 52 week high of $90.17. The stock has a market capitalization of $116.58 billion, a P/E ratio of 16.00, a price-to-earnings-growth ratio of 2.19 and a beta of 0.78. The stock has a fifty day moving average of $77.96 and a 200-day moving average of $75.24. Read more ... 

 


ViacomCBS (NASDAQ:VIAC) was downgraded by research analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report issued on Tuesday, Anlyst Ratings reports. They presently have a $32.00 target price on the stock, down from their previous target price of $33.00. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential downside of 7.57% from the company’s previous close.  

Several other research firms have also weighed in on VIAC. Benchmark upped their price objective on ViacomCBS from $24.00 to $35.00 in a research note on Friday, August 7th. Loop Capital began coverage on ViacomCBS in a research note on Thursday, October 1st. They issued a “hold” rating and a $30.00 price objective on the stock. Barrington Research upped their price objective on ViacomCBS from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. Rosenblatt Securities upped their price objective on ViacomCBS from $28.00 to $30.00 and gave the company a “neutral” rating in a research note on Monday, November 16th. Finally, Barclays upgraded ViacomCBS from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $22.00 to $36.00 in a research note on Thursday, October 15th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $33.13. Read more ... 

 

 


Comcast (NASDAQ:CMCSA) was downgraded by investment analysts at TD Securities from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, The Fly reports.  

Other equities research analysts have also issued reports about the company. Barclays raised their price objective on Comcast from $46.00 to $48.00 and gave the stock an “overweight” rating in a research report on Friday, October 16th. BidaskClub lowered Comcast from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 3rd. Smith Barney Citigroup raised their price target on Comcast from $52.00 to $54.00 in a research note on Tuesday, November 10th. Credit Suisse Group raised their price target on Comcast from $50.00 to $60.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 23rd. Finally, Benchmark raised their price target on Comcast from $54.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, September 22nd. They noted that the move was a valuation call. Ten equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Comcast currently has a consensus rating of “Buy” and a consensus target price of $49.90. Read more ... 

 

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