Notable Analyst Upgrades and Downgrades for Week of November 30, 2020 (Part 2)

 


Upgrades:

  


The Charles Schwab (NYSE:SCHW) was upgraded by investment analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a note issued to investors on Tuesday, The Fly reports. The firm currently has a $58.00 price objective on the financial services provider's stock, up from their prior price objective of $44.00. Wells Fargo & Company's price objective suggests a potential upside of 18.90% from the stock's current price.

A number of other analysts have also recently commented on SCHW. Bank of America boosted their price objective on The Charles Schwab from $40.00 to $42.00 and gave the company a "neutral" rating in a research report on Friday, October 16th. TheStreet raised shares of The Charles Schwab from a "c" rating to a "b-" rating in a research note on Thursday, October 8th. Raymond James reissued a "hold" rating on shares of The Charles Schwab in a research note on Thursday, August 6th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised shares of The Charles Schwab from a "neutral" rating to a "buy" rating and raised their price target for the stock from $44.00 to $54.00 in a research note on Tuesday, November 17th. Finally, Credit Suisse Group raised their price target on shares of The Charles Schwab from $41.00 to $43.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 3rd. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of "Hold" and an average price target of $47.53. Read more …

 


The Southern (NYSE:SO) was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other equities analysts have also recently commented on the stock. UBS Group dropped their target price on shares of The Southern from $57.00 to $55.00 and set a “neutral” rating for the company in a research report on Tuesday, September 1st. Barclays boosted their target price on shares of The Southern from $61.00 to $73.00 and gave the company an “overweight” rating in a research report on Wednesday, November 18th. KeyCorp boosted their target price on shares of The Southern from $65.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Morgan Stanley boosted their target price on shares of The Southern from $60.00 to $62.00 and gave the company an “underweight” rating in a research report on Tuesday, November 17th. Finally, BMO Capital Markets began coverage on shares of The Southern in a research report on Tuesday, November 24th. They issued a “market perform” rating and a $67.00 target price for the company. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $63.66. Read more …

 


FedEx (NYSE:FDX)‘s stock had its “buy” rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued on Wednesday, AnalystRatings.net reports. They currently have a $308.00 price objective on the shipping service provider’s stock. Sanford C. Bernstein’s price target suggests a potential upside of 5.25% from the company’s current price.

Several other brokerages have also recently weighed in on FDX. TheStreet raised FedEx from a “c+” rating to a “b” rating in a report on Tuesday, September 15th. Wells Fargo & Company boosted their price target on shares of FedEx from $221.00 to $286.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 16th. Berenberg Bank reaffirmed a “buy” rating and issued a $320.00 price objective on shares of FedEx in a research note on Tuesday, October 27th. Deutsche Bank Aktiengesellschaft upgraded shares of FedEx from a “hold” rating to a “buy” rating and upped their target price for the company from $243.00 to $318.00 in a research report on Monday, September 28th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $298.00 price objective (up from $265.00) on shares of FedEx in a research note on Wednesday, September 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $287.48. Read more …

 

 


S&P Global (NYSE:SPGI) was upgraded by equities researchers at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research note issued on Wednesday, The Fly reports.

SPGI has been the topic of a number of other reports. Stifel Nicolaus increased their price objective on S&P Global from $351.00 to $353.00 and gave the company a "hold" rating in a report on Friday, October 2nd. UBS Group increased their price objective on S&P Global from $418.00 to $422.00 and gave the company a "buy" rating in a report on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft started coverage on S&P Global in a report on Monday. They issued a "buy" rating and a $415.00 price objective on the stock. BMO Capital Markets cut their price objective on S&P Global from $375.00 to $392.00 in a report on Wednesday, October 28th. Finally, Morgan Stanley upped their target price on S&P Global from $404.00 to $411.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 28th. Three equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. S&P Global has an average rating of "Buy" and an average target price of $366.64. Read more …

 


Verizon Communications (NYSE:VZ) was upgraded by equities research analysts at Moffett Nathanson from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, Briefing.com reports. The brokerage presently has a $66.00 price objective on the cell phone carrier’s stock, up from their prior price objective of $59.00. Moffett Nathanson’s target price indicates a potential upside of 8.95% from the stock’s current price.

A number of other research analysts have also recently commented on VZ. Royal Bank of Canada reaffirmed a “hold” rating and issued a $57.00 target price on shares of Verizon Communications in a research report on Wednesday, September 9th. Wells Fargo & Company started coverage on shares of Verizon Communications in a research report on Monday, November 16th. They set an “equal weight” rating and a $60.00 price target on the stock. Wolfe Research started coverage on shares of Verizon Communications in a research report on Monday, October 19th. They set a “peer perform” rating and a $62.00 price target on the stock. Oppenheimer started coverage on shares of Verizon Communications in a research report on Tuesday, September 15th. They set a “buy” rating and a $70.00 price target on the stock. Finally, Tigress Financial reissued a “hold” rating on shares of Verizon Communications in a research report on Sunday, November 1st. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Verizon Communications has a consensus rating of “Hold” and an average target price of $62.00. Read more …

 


Tyson Foods (NYSE:TSN) was upgraded by research analysts at Piper Sandler from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Thursday, The Fly reports.

Other equities analysts also recently issued research reports about the stock. TheStreet upgraded shares of Tyson Foods from a "c+" rating to a "b-" rating in a report on Tuesday, August 25th. ValuEngine lowered Tyson Foods from a "hold" rating to a "sell" rating in a research report on Thursday, August 6th. Credit Suisse Group lowered Tyson Foods from an "outperform" rating to a "neutral" rating and dropped their target price for the company from $75.00 to $68.00 in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. upped their target price on Tyson Foods from $63.00 to $70.00 in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. Tyson Foods presently has an average rating of "Hold" and a consensus target price of $78.09.

TSN opened at $66.10 on Thursday. Tyson Foods has a 52-week low of $42.57 and a 52-week high of $94.24. The company has a quick ratio of 0.89, a current ratio of 1.80 and a debt-to-equity ratio of 0.75. The company has a market cap of $24.07 billion, a P/E ratio of 13.30 and a beta of 0.65. The firm's 50-day moving average price is $60.50 and its 200-day moving average price is $61.12. Read more …

 

 


WestRock (NYSE:WRK) was upgraded by research analysts at Argus from a “hold” rating to a “buy” rating in a note issued to investors on Friday, The Fly reports. The firm presently has a $47.00 price target on the basic materials company’s stock. Argus’ price objective indicates a potential upside of 7.60% from the company’s previous close.

Other equities analysts have also issued research reports about the company. ValuEngine lowered WestRock from a “hold” rating to a “sell” rating in a research report on Wednesday, October 28th. Bank of America boosted their target price on WestRock from $38.00 to $41.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. BMO Capital Markets decreased their target price on WestRock from $57.00 to $54.00 and set an “outperform” rating for the company in a research report on Friday, November 6th. Citigroup boosted their target price on WestRock from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Wells Fargo & Company reissued a “buy” rating and issued a $44.00 target price (up previously from $40.00) on shares of WestRock in a research report on Wednesday, September 9th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $38.80. Read more …

 

 

Downgrades:

  


Hasbro (NASDAQ:HAS) was downgraded by BMO Capital Markets from an "outperform" rating to a "market perform" rating in a note issued to investors on Wednesday, The Fly reports.

Several other research firms have also weighed in on HAS. Truist increased their price objective on shares of Hasbro from $75.00 to $82.00 in a research note on Tuesday, October 27th. JPMorgan Chase & Co. raised their price target on shares of Hasbro from $83.00 to $92.00 and gave the company a "neutral" rating in a research note on Friday, October 23rd. DA Davidson raised their price target on shares of Hasbro from $100.00 to $105.00 and gave the company a "buy" rating in a research note on Tuesday, October 27th. Barclays raised their price target on shares of Hasbro from $90.00 to $94.00 and gave the company an "overweight" rating in a research note on Tuesday, October 27th. Finally, KeyCorp raised their price target on shares of Hasbro from $92.00 to $100.00 and gave the company an "overweight" rating in a research note on Monday, November 23rd. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of "Buy" and an average target price of $89.56. Read more …

 

 


Genuine Parts (NYSE:GPC) was downgraded by stock analysts at Bank of America from a “buy” rating to an “underperform” rating in a note issued to investors on Wednesday, AR Network reports. They currently have a $106.00 price target on the specialty retailer’s stock. Bank of America‘s price target indicates a potential upside of 4.26% from the company’s previous close.

GPC has been the topic of several other reports. Royal Bank of Canada boosted their price target on Genuine Parts from $94.00 to $100.00 in a report on Tuesday, October 20th. JPMorgan Chase & Co. upgraded Genuine Parts from a “neutral” rating to an “overweight” rating and upped their price target for the company from $90.00 to $117.00 in a research report on Monday, September 14th. TheStreet raised shares of Genuine Parts from a “c” rating to a “b” rating in a research report on Thursday, October 22nd. Zacks Investment Research downgraded shares of Genuine Parts from a “buy” rating to a “hold” rating and set a $104.00 target price for the company. in a research note on Monday, November 16th. Finally, Argus boosted their price objective on Genuine Parts from $84.00 to $105.00 in a research note on Friday, August 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $101.88. Read more …

 


Simon Property Group (NYSE:SPG) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating in a report issued on Wednesday, The Fly reports.

Several other research analysts have also commented on SPG. Wells Fargo & Company lifted their price target on Simon Property Group from $70.00 to $80.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 11th. Morgan Stanley lifted their target price on Simon Property Group from $63.00 to $82.00 and gave the company an "equal weight" rating in a research report on Monday. Mizuho lifted their target price on Simon Property Group from $66.00 to $74.00 and gave the company a "neutral" rating in a research report on Monday, November 16th. Truist decreased their price objective on Simon Property Group from $89.00 to $72.00 in a research note on Monday, October 5th. Finally, ValuEngine upgraded Simon Property Group from a "strong sell" rating to a "sell" rating in a research note on Monday, November 23rd. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of "Hold" and a consensus target price of $84.39. Read more …

 


GlaxoSmithKline (NYSE:GSK) was downgraded by UBS Group from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday, The Fly reports.

Other equities research analysts also recently issued reports about the company. Berenberg Bank started coverage on GlaxoSmithKline in a research note on Tuesday, September 29th. They set a “buy” rating for the company. Societe Generale reiterated a “buy” rating on shares of GlaxoSmithKline in a research note on Friday, September 18th. JPMorgan Chase & Co. restated a “neutral” rating on shares of GlaxoSmithKline in a report on Wednesday, October 21st. Barclays reiterated an “underweight” rating on shares of GlaxoSmithKline in a report on Friday, October 30th. Finally, Oddo Bhf upgraded GlaxoSmithKline from a “neutral” rating to a “buy” rating in a report on Wednesday, September 23rd. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $41.00. Read more …

 

 


Stanley Black & Decker (NYSE:SWK) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued on Thursday, AR Network reports. They currently have a $184.00 price target on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 3.01% from the stock’s current price.

A number of other research analysts have also commented on SWK. Robert W. Baird raised their price objective on shares of Stanley Black & Decker from $184.00 to $204.00 and gave the company an “outperform” rating in a research note on Tuesday, October 20th. Deutsche Bank Aktiengesellschaft lifted their price target on Stanley Black & Decker from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, October 28th. UBS Group upped their price objective on Stanley Black & Decker from $173.00 to $184.00 and gave the company a “buy” rating in a report on Monday, September 14th. Credit Suisse Group raised their target price on Stanley Black & Decker from $163.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, October 28th. Finally, Zacks Investment Research upgraded shares of Stanley Black & Decker from a “hold” rating to a “strong-buy” rating and set a $204.00 price target on the stock in a research report on Thursday, October 15th. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $174.87. Read more …

 


Pentair (NYSE:PNR) was downgraded by Morgan Stanley from an "overweight" rating to an "equal weight" rating in a research note issued on Thursday, The Fly reports.

PNR has been the subject of several other reports. KeyCorp cut Pentair from an "overweight" rating to a "sector weight" rating in a report on Wednesday, October 14th. They noted that the move was a valuation call. TheStreet upgraded Pentair from a "c+" rating to a "b" rating in a research note on Tuesday, November 3rd. Citigroup upgraded Pentair from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $44.00 to $51.00 in a research note on Monday, September 14th. Bank of America cut Pentair from a "buy" rating to an "underperform" rating and set a $58.00 price objective for the company. in a research note on Wednesday, November 11th. Finally, Vertical Research cut Pentair from a "buy" rating to a "hold" rating and set a $58.00 price objective for the company. in a research note on Tuesday, November 17th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. Pentair presently has a consensus rating of "Hold" and an average target price of $50.67.

Shares of PNR opened at $51.38 on Thursday. The business's 50 day moving average is $51.82 and its 200 day moving average is $44.52. The company has a market capitalization of $8.55 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 3.26 and a beta of 1.35. Pentair has a 12-month low of $22.01 and a 12-month high of $58.82. The company has a current ratio of 1.33, a quick ratio of 0.81 and a debt-to-equity ratio of 0.52. Read more …

 


The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) was downgraded by National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued on Thursday, The Fly reports.

Several other analysts have also weighed in on the stock. Bank of America lowered shares of The Toronto-Dominion Bank from a “neutral” rating to an “underperform” rating in a research note on Tuesday, October 6th. Canaccord Genuity reiterated a “buy” rating and issued a $79.00 price objective on shares of The Toronto-Dominion Bank in a research note on Friday, October 2nd. ValuEngine upgraded shares of The Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a research note on Tuesday. Scotiabank lifted their price objective on shares of The Toronto-Dominion Bank from $68.00 to $77.00 in a research note on Monday, November 23rd. Finally, Royal Bank of Canada lifted their price objective on shares of The Toronto-Dominion Bank from $61.00 to $69.00 and gave the company a “sector perform” rating in a research note on Friday, August 28th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $67.82. Read more …


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