Notable Analyst Upgrades and Downgrades for Week of January 11, 2021 (Part 1)

 


Upgrades:

 


Walgreens Boots Alliance (NASDAQ:WBA) was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report issued on Monday, Anlyst Ratings reports. The firm currently has a $55.00 price objective on the pharmacy operator’s stock, up from their previous price objective of $41.00. Robert W. Baird’s price target would indicate a potential upside of 21.65% from the company’s previous close.

A number of other equities analysts have also weighed in on WBA. Credit Suisse Group initiated coverage on Walgreens Boots Alliance in a research note on Thursday. They set a “neutral” rating and a $42.00 price objective on the stock. Truist Financial boosted their price objective on Walgreens Boots Alliance from $40.00 to $44.00 in a research note on Tuesday, January 5th. Citigroup lowered their price objective on Walgreens Boots Alliance from $43.00 to $40.00 and set a “neutral” rating on the stock in a research note on Friday, October 16th. BidaskClub downgraded Walgreens Boots Alliance from a “hold” rating to a “sell” rating in a research report on Friday, December 18th. Finally, The Goldman Sachs Group reduced their target price on Walgreens Boots Alliance from $37.00 to $33.00 and set a “sell” rating on the stock in a research report on Tuesday, October 6th. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $43.65. Read more …

 


Exxon Mobil (NYSE:XOM) was upgraded by Morgan Stanley from an "equal weight" rating to an "overweight" rating in a research report issued on Monday, Briefing.com reports. The brokerage presently has a $57.00 price objective on the oil and gas company's stock, up from their previous price objective of $49.00. Morgan Stanley's price target points to a potential upside of 25.38% from the stock's current price.

XOM has been the subject of a number of other research reports. Credit Suisse Group decreased their price target on shares of Exxon Mobil from $47.00 to $37.00 and set a "neutral" rating for the company in a research note on Monday, November 2nd. Truist Financial boosted their price target on shares of Exxon Mobil from $39.00 to $45.00 in a research note on Friday, December 18th. ValuEngine upgraded shares of Exxon Mobil from a "hold" rating to a "buy" rating in a research note on Tuesday, December 1st. Scotiabank upgraded shares of Exxon Mobil from a "sector underperform" rating to a "sector perform" rating and set a $45.00 price target for the company in a research note on Wednesday, September 23rd. Finally, Raymond James restated a "sell" rating on shares of Exxon Mobil in a research note on Friday, September 18th. Four investment analysts have rated the stock with a sell rating, nineteen have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of "Hold" and a consensus target price of $48.30. Read more …

 


Bank of America (NYSE:BAC) was upgraded by equities research analysts at Smith Barney Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports.

A number of other analysts also recently commented on the stock. Morgan Stanley downgraded shares of Bank of America from an “overweight” rating to an “underweight” rating in a report on Monday, November 30th. Barclays upped their price target on Bank of America from $33.00 to $39.00 and gave the stock an “overweight” rating in a report on Monday, January 4th. Piper Sandler boosted their price objective on shares of Bank of America from $28.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday. Credit Suisse Group raised their target price on shares of Bank of America from $31.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, December 11th. Finally, Royal Bank of Canada set a $28.00 price target on shares of Bank of America and gave the company a “buy” rating in a report on Wednesday, October 14th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and fifteen have given a buy rating to the company’s stock. Bank of America currently has a consensus rating of “Buy” and a consensus price target of $31.31. Read more …

 

 


The Bank of New York Mellon (NYSE:BK) was upgraded by investment analysts at Smith Barney Citigroup from a "neutral" rating to a "buy" rating in a research note issued on Monday, The Fly reports. The brokerage presently has a $57.00 price target on the bank's stock, up from their previous price target of $44.00. Smith Barney Citigroup's price objective suggests a potential upside of 26.78% from the company's previous close.

Other equities analysts have also issued research reports about the company. Barclays increased their target price on The Bank of New York Mellon from $54.00 to $59.00 and gave the company an "overweight" rating in a research note on Monday, January 4th. Bank of America cut The Bank of New York Mellon from a "neutral" rating to an "underperform" rating and reduced their target price for the stock from $42.00 to $39.00 in a report on Friday, November 20th. Morgan Stanley upgraded The Bank of New York Mellon from an "underweight" rating to an "equal weight" rating and set a $51.00 target price on the stock in a report on Monday, November 30th. Credit Suisse Group raised their target price on The Bank of New York Mellon from $44.00 to $48.00 and gave the stock an "outperform" rating in a report on Friday, December 11th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded The Bank of New York Mellon from a "neutral" rating to a "buy" rating and raised their target price for the stock from $44.00 to $57.00 in a report on Monday. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company's stock. The Bank of New York Mellon currently has an average rating of "Hold" and an average target price of $47.18. Read more …

 


The PNC Financial Services Group (NYSE:PNC) was upgraded by equities research analysts at Smith Barney Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports. The firm currently has a $179.00 target price on the financial services provider’s stock, up from their prior target price of $140.00. Smith Barney Citigroup’s target price would indicate a potential upside of 12.66% from the stock’s previous close.

A number of other research firms have also commented on PNC. Deutsche Bank Aktiengesellschaft raised their price objective on The PNC Financial Services Group from $115.00 to $157.00 and gave the stock a “hold” rating in a research note on Wednesday, January 6th. Morgan Stanley upped their price target on The PNC Financial Services Group from $136.00 to $173.00 and gave the stock an “equal weight” rating in a research note on Monday, November 30th. Piper Sandler increased their price target on shares of The PNC Financial Services Group from $125.00 to $143.00 and gave the company an “overweight” rating in a research report on Tuesday, November 17th. Zacks Investment Research cut shares of The PNC Financial Services Group from a “hold” rating to a “sell” rating and set a $118.00 price objective on the stock. in a research report on Monday, October 5th. Finally, UBS Group raised shares of The PNC Financial Services Group from a “sell” rating to a “neutral” rating and lifted their target price for the company from $88.00 to $122.00 in a research note on Monday, November 23rd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $140.72. Read more …

 


Union Pacific (NYSE:UNP) was upgraded by research analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a note issued to investors on Monday, The Fly reports.

A number of other equities research analysts also recently commented on UNP. Benchmark lifted their price objective on Union Pacific from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, September 24th. Barclays reiterated a “neutral” rating on shares of Union Pacific in a report on Monday. BMO Capital Markets lifted their target price on Union Pacific from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Monday. Credit Suisse Group reduced their target price on Union Pacific from $225.00 to $223.00 and set an “outperform” rating on the stock in a report on Friday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Union Pacific from $220.00 to $239.00 and gave the company a “buy” rating in a report on Monday, November 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Union Pacific currently has a consensus rating of “Buy” and a consensus target price of $189.83. Read more …

 

 


Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by equities research analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a report released on Monday, The Fly reports.

A number of other research analysts have also issued reports on CNI. Royal Bank of Canada decreased their target price on Canadian National Railway from $145.00 to $144.00 and set a “sector perform” rating for the company in a report on Wednesday, October 21st. TD Securities lifted their price target on Canadian National Railway from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, October 21st. Bank of America lifted their price target on Canadian National Railway from $104.00 to $117.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. BidaskClub raised Canadian National Railway from a “hold” rating to a “buy” rating in a report on Thursday. Finally, CIBC lifted their price target on Canadian National Railway from $141.00 to $153.00 and gave the stock a “neutral” rating in a report on Monday, December 7th. Thirteen equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $114.11. Read more …

 


Wells Fargo & Company (NYSE:WFC) was upgraded by research analysts at UBS Group from a "neutral" rating to a "buy" rating in a research note issued on Tuesday, Briefing.com reports.

Several other research firms have also recently issued reports on WFC. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Wells Fargo & Company from $35.00 to $37.00 and gave the company a "buy" rating in a research report on Wednesday, January 6th. Jefferies Financial Group upgraded shares of Wells Fargo & Company from a "hold" rating to a "buy" rating and lifted their price objective for the company from $26.00 to $38.00 in a research report on Thursday, January 7th. DA Davidson upgraded shares of Wells Fargo & Company from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $27.00 to $31.00 in a research report on Thursday, November 19th. Raymond James lifted their price objective on shares of Wells Fargo & Company from $32.00 to $35.00 and gave the company an "outperform" rating in a research report on Tuesday, December 29th. Finally, Piper Sandler lifted their price objective on shares of Wells Fargo & Company from $25.00 to $32.00 and gave the company a "neutral" rating in a research report on Monday, December 21st. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have given a buy rating to the company's stock. Wells Fargo & Company presently has a consensus rating of "Hold" and an average price target of $32.06. Read more …

 


Aflac (NYSE:AFL) was upgraded by equities research analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued on Tuesday, AR Network reports. The brokerage currently has a $53.00 price objective on the financial services provider’s stock. Morgan Stanley’s price target would indicate a potential upside of 19.07% from the company’s previous close.

AFL has been the subject of a number of other reports. TheStreet upgraded Aflac from a “c+” rating to a “b-” rating in a research note on Wednesday, October 7th. Evercore ISI upgraded Aflac from an “underperform” rating to an “in-line” rating and increased their price objective for the stock from $43.00 to $47.00 in a research note on Friday. BidaskClub lowered Aflac from a “hold” rating to a “sell” rating in a research note on Wednesday, December 23rd. The Goldman Sachs Group began coverage on Aflac in a research note on Friday, December 4th. They issued a “sell” rating and a $43.00 target price for the company. Finally, Credit Suisse Group raised their target price on Aflac from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Tuesday, September 22nd. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $44.30. Read more …

 

 


The Charles Schwab (NYSE:SCHW) was upgraded by analysts at Bank of America from a "neutral" rating to a "buy" rating in a research note issued to investors on Tuesday, The Fly reports.

A number of other research analysts have also issued reports on the company. Morgan Stanley lifted their target price on The Charles Schwab from $65.00 to $71.00 and gave the company an "overweight" rating in a report on Monday. TheStreet raised The Charles Schwab from a "c" rating to a "b-" rating in a report on Thursday, October 8th. Argus lifted their price target on The Charles Schwab from $42.00 to $50.00 in a report on Friday, October 16th. Credit Suisse Group lifted their price target on The Charles Schwab from $41.00 to $43.00 and gave the stock a "neutral" rating in a report on Tuesday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft raised The Charles Schwab from a "hold" rating to a "buy" rating and lifted their price target for the stock from $43.00 to $53.00 in a report on Wednesday, November 11th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company's stock. The company currently has a consensus rating of "Buy" and a consensus price target of $48.54. Read more …

 


Nestlé (OTCMKTS:NSRGY) was upgraded by equities researchers at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a research note issued on Wednesday, The Fly reports.

NSRGY has been the subject of a number of other research reports. HSBC upgraded shares of Nestlé from a “hold” rating to a “buy” rating in a research note on Friday, September 25th. Zacks Investment Research downgraded shares of Nestlé from a “buy” rating to a “hold” rating in a research report on Thursday, January 7th. DZ Bank restated a “buy” rating on shares of Nestlé in a report on Thursday, October 22nd. Societe Generale reiterated a “buy” rating on shares of Nestlé in a research note on Thursday, October 22nd. Finally, Credit Suisse Group reissued a “neutral” rating on shares of Nestlé in a research note on Wednesday, December 9th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Nestlé presently has an average rating of “Buy” and an average price target of $133.00. Read more …

 


Omega Healthcare Investors (NYSE:OHI) was upgraded by analysts at Jefferies Financial Group from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Wednesday, AnalystRatings.net reports. The brokerage presently has a $40.00 price objective on the real estate investment trust's stock, up from their prior price objective of $35.00. Jefferies Financial Group's price target points to a potential upside of 12.64% from the stock's previous close.

A number of other equities research analysts have also issued reports on OHI. BidaskClub lowered shares of Omega Healthcare Investors from a "hold" rating to a "sell" rating in a report on Wednesday, January 6th. Mizuho increased their target price on shares of Omega Healthcare Investors from $30.00 to $34.00 and gave the company a "buy" rating in a research note on Friday, October 2nd. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised their price objective on Omega Healthcare Investors from $30.00 to $37.00 in a report on Tuesday, December 15th. Bank of America raised shares of Omega Healthcare Investors from an "underperform" rating to a "buy" rating and lifted their price objective for the company from $32.00 to $40.00 in a report on Monday, November 30th. Finally, Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $33.00 to $39.00 in a research note on Thursday, December 10th. Three analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of "Hold" and a consensus target price of $35.53. Read more …

 

 


Visa (NYSE:V) was upgraded by analysts at Jefferies Financial Group to a “buy” rating in a report released on Wednesday, Stock Target Advisor reports. The firm presently has a $250.00 price objective on the credit-card processor’s stock, up from their previous price objective of $195.00. Jefferies Financial Group’s price target suggests a potential upside of 19.70% from the stock’s current price.

A number of other equities research analysts also recently weighed in on the stock. BMO Capital Markets lowered their target price on shares of Visa from $210.00 to $204.00 and set an “outperform” rating on the stock in a research note on Thursday, October 29th. Raymond James lowered their target price on shares of Visa from $217.00 to $211.00 and set an “outperform” rating on the stock in a research note on Thursday, October 29th. Wedbush reaffirmed a “buy” rating and issued a $220.00 target price on shares of Visa in a research note on Monday, October 5th. Oppenheimer reaffirmed a “buy” rating and issued a $212.00 target price (down from $233.00) on shares of Visa in a research note on Thursday, October 29th. Finally, KeyCorp lowered their target price on shares of Visa from $230.00 to $210.00 and set an “overweight” rating on the stock in a research note on Monday, November 2nd. Six investment analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the stock. Visa currently has a consensus rating of “Buy” and an average target price of $220.41. Read more …

 


Mastercard (NYSE:MA) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a report released on Wednesday, AR Network reports. The firm currently has a $415.00 price objective on the credit services provider’s stock, up from their previous price objective of $315.00. Jefferies Financial Group’s price target suggests a potential upside of 21.02% from the company’s current price.

Several other equities research analysts have also recently weighed in on MA. Wells Fargo & Company boosted their price target on shares of Mastercard from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday, January 4th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Mastercard from $320.00 to $383.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. Barclays restated a “buy” rating and issued a $320.00 price target on shares of Mastercard in a research report on Tuesday, December 22nd. JPMorgan Chase & Co. reduced their price target on shares of Mastercard from $372.00 to $342.00 and set an “overweight” rating on the stock in a research report on Thursday, October 29th. Finally, BidaskClub upgraded shares of Mastercard from a “strong sell” rating to a “sell” rating in a research report on Wednesday, December 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-nine have assigned a buy rating to the company’s stock. Mastercard presently has an average rating of “Buy” and a consensus target price of $352.18. Read more …

 


The Home Depot (NYSE:HD) was upgraded by research analysts at Guggenheim from a "neutral" rating to a "buy" rating in a research note issued to investors on Wednesday, Briefing.com reports. The brokerage presently has a $310.00 price objective on the home improvement retailer's stock. Guggenheim's price target indicates a potential upside of 12.18% from the stock's previous close.

A number of other analysts have also recently commented on HD. Oppenheimer cut The Home Depot from an "outperform" rating to a "market perform" rating and lowered their price target for the company from $320.00 to $305.00 in a research note on Friday, September 18th. ValuEngine cut The Home Depot from a "hold" rating to a "sell" rating in a research note on Monday, December 7th. BidaskClub cut The Home Depot from a "hold" rating to a "sell" rating in a research note on Thursday, December 31st. DA Davidson lowered their price target on The Home Depot from $315.00 to $295.00 and set a "neutral" rating for the company in a research note on Wednesday, November 18th. Finally, Telsey Advisory Group raised The Home Depot from a "market perform" rating to an "outperform" rating and upped their price target for the company from $300.00 to $315.00 in a research note on Monday, November 16th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the stock. The Home Depot presently has an average rating of "Buy" and an average target price of $293.25. Read more …

 

 


WEC Energy Group (NYSE:WEC) was upgraded by analysts at Barclays from an "underweight" rating to an "equal weight" rating in a note issued to investors on Wednesday, The Fly reports.

Several other brokerages have also commented on WEC. Argus lifted their price objective on WEC Energy Group from $100.00 to $105.00 and gave the stock a "buy" rating in a report on Tuesday, September 15th. Credit Suisse Group boosted their price target on WEC Energy Group from $81.00 to $83.00 and gave the company an "underperform" rating in a report on Monday, November 2nd. Finally, KeyCorp boosted their price target on WEC Energy Group from $102.00 to $104.00 and gave the company an "overweight" rating in a report on Monday, October 19th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. The company currently has an average rating of "Hold" and an average price target of $94.50.

Shares of WEC opened at $85.27 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.49 and a quick ratio of 0.36. WEC Energy Group has a one year low of $68.01 and a one year high of $109.53. The firm has a market capitalization of $26.90 billion, a P/E ratio of 23.05, a PEG ratio of 4.51 and a beta of 0.18. The business has a fifty day moving average of $91.88 and a 200 day moving average of $94.65. Read more …

 

 

Downgrades:

 


Archer-Daniels-Midland (NYSE:ADM) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Monday, Anlyst Ratings reports. They currently have a $56.00 target price on the stock, up from their prior target price of $51.00. BMO Capital Markets’ price objective points to a potential upside of 6.52% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Argus upped their price target on Archer-Daniels-Midland from $49.00 to $55.00 in a report on Tuesday, November 3rd. JPMorgan Chase & Co. raised Archer-Daniels-Midland from a “neutral” rating to an “overweight” rating and set a $60.00 price target for the company in a report on Monday, October 19th. Barclays upped their price target on Archer-Daniels-Midland from $52.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, November 9th. Morgan Stanley upped their price target on Archer-Daniels-Midland from $49.00 to $53.00 and gave the stock an “equal weight” rating in a report on Monday, December 14th. Finally, Monness Crespi & Hardt raised Archer-Daniels-Midland from a “neutral” rating to a “buy” rating and set a $60.00 price target for the company in a report on Monday, October 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $51.08. Read more …

 


Johnson Controls International (NYSE:JCI) was downgraded by equities researchers at HSBC from a "buy" rating to a "hold" rating in a report released on Monday, Briefing.com reports. They presently have a $52.00 price objective on the stock. HSBC's price objective would suggest a potential upside of 1.36% from the company's current price.

A number of other analysts also recently issued reports on JCI. Zacks Investment Research downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $44.00 price target on the stock. in a report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating in a report on Monday, December 14th. TheStreet raised shares of Johnson Controls International from a "c+" rating to a "b" rating in a report on Thursday, October 22nd. Morgan Stanley raised their price objective on shares of Johnson Controls International from $42.00 to $46.00 and gave the stock an "equal weight" rating in a report on Thursday, November 5th. Finally, Oppenheimer raised shares of Johnson Controls International from a "market perform" rating to an "outperform" rating and set a $48.00 price objective on the stock in a report on Wednesday, October 21st. Ten analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of "Buy" and an average price target of $44.68. Read more …

 

 


Kinder Morgan (NYSE:KMI) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research note issued on Monday, The Fly reports.

A number of other analysts also recently issued reports on the company. The Goldman Sachs Group raised Kinder Morgan from a “sell” rating to a “neutral” rating and reduced their price objective for the stock from $14.00 to $13.00 in a research note on Wednesday, October 14th. Piper Sandler reduced their price objective on Kinder Morgan from $16.00 to $14.00 and set a “neutral” rating on the stock in a research note on Friday, October 9th. Capital One Financial assumed coverage on Kinder Morgan in a research note on Wednesday, October 21st. They issued an “equal weight” rating on the stock. Morgan Stanley reduced their price objective on Kinder Morgan from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Friday, September 25th. Finally, Tudor Pickering downgraded Kinder Morgan from a “buy” rating to a “hold” rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $16.63. Read more …

 

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