Notable Analyst Upgrades and Downgrades for Week of January 18, 2021


 

Upgrades:

 


Digital Realty Trust (NYSE:DLR) was upgraded by research analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a research report issued on Tuesday, Anlyst Ratings reports. The firm currently has a $175.00 target price on the real estate investment trust’s stock. Raymond James’ target price suggests a potential upside of 26.86% from the company’s current price.

Several other research firms have also commented on DLR. Morgan Stanley raised their price objective on shares of Digital Realty Trust from $141.00 to $148.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 29th. Edward Jones upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, December 18th. Credit Suisse Group increased their target price on shares of Digital Realty Trust from $173.00 to $179.00 and gave the stock an “outperform” rating in a report on Friday, October 30th. TD Securities upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a report on Friday, December 18th. Finally, TheStreet lowered shares of Digital Realty Trust from a “b-” rating to a “c+” rating in a report on Tuesday, December 1st. Five research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Digital Realty Trust has a consensus rating of “Buy” and an average target price of $160.40. Read more …

 


Illinois Tool Works (NYSE:ITW) was upgraded by The Goldman Sachs Group from a "sell" rating to a "neutral" rating in a research note issued on Tuesday, The Fly reports.

Other equities analysts have also issued research reports about the stock. Bank of America raised shares of Illinois Tool Works from an "underperform" rating to a "neutral" rating and boosted their price target for the company from $175.00 to $212.00 in a report on Thursday, October 29th. Credit Suisse Group raised shares of Illinois Tool Works from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $209.00 to $235.00 in a report on Tuesday, January 12th. BMO Capital Markets boosted their price target on shares of Illinois Tool Works from $205.00 to $225.00 in a report on Monday, October 26th. Wells Fargo & Company boosted their price target on shares of Illinois Tool Works from $220.00 to $225.00 and gave the company an "overweight" rating in a report on Monday, October 26th. Finally, Barclays boosted their price target on shares of Illinois Tool Works from $200.00 to $207.00 and gave the company an "equal weight" rating in a report on Tuesday, January 5th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company. Illinois Tool Works has a consensus rating of "Hold" and an average price target of $195.24. Read more …

 


Emerson Electric (NYSE:EMR) was upgraded by The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, Analyst Ratings Network reports. The firm presently has a $97.00 target price on the industrial products company’s stock, up from their prior target price of $89.00. The Goldman Sachs Group’s target price indicates a potential upside of 15.77% from the company’s previous close.

Other research analysts also recently issued reports about the company. UBS Group upgraded Emerson Electric from a “neutral” rating to a “buy” rating and boosted their price target for the company from $69.00 to $100.00 in a report on Friday. JPMorgan Chase & Co. boosted their price target on Emerson Electric from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Cowen reiterated a “buy” rating on shares of Emerson Electric in a report on Sunday, October 4th. Stephens began coverage on Emerson Electric in a report on Thursday, October 15th. They issued an “overweight” rating for the company. Finally, Credit Suisse Group boosted their price objective on shares of Emerson Electric from $77.00 to $79.00 and gave the company an “outperform” rating in a research note on Wednesday, November 4th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Emerson Electric presently has an average rating of “Buy” and an average price target of $76.31. Read more …

 

 


American Express (NYSE:AXP) was upgraded by stock analysts at JPMorgan Chase & Co. from an "underweight" rating to an "overweight" rating in a report issued on Tuesday, AnalystRatings.net reports. The firm presently has a $148.00 price target on the payment services company's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 16.72% from the company's current price.

AXP has been the subject of several other research reports. DZ Bank cut shares of American Express from a "buy" rating to a "hold" rating and set a $128.00 target price for the company. in a research report on Wednesday, December 9th. 140166 cut shares of American Express from a "positive" rating to a "neutral" rating and set a $110.00 target price for the company. in a research report on Friday, October 9th. Barclays upgraded shares of American Express from an "equal weight" rating to a "positive" rating and upped their target price for the stock from $114.00 to $132.00 in a research report on Thursday, December 10th. They noted that the move was a valuation call. Bank of America cut shares of American Express from a "neutral" rating to an "underperform" rating and decreased their price objective for the company from $106.00 to $95.00 in a report on Wednesday, September 23rd. Finally, Zacks Investment Research cut shares of American Express from a "hold" rating to a "sell" rating and set a $126.00 price objective for the company. in a report on Wednesday, November 25th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of "Hold" and an average target price of $117.46. Read more …

 


Gilead Sciences (NASDAQ:GILD) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued on Tuesday, The Fly reports.

A number of other research analysts have also recently issued reports on the stock. Credit Suisse Group decreased their price objective on shares of Gilead Sciences from $70.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, December 16th. SVB Leerink cut their price objective on shares of Gilead Sciences from $88.00 to $79.00 and set an “outperform” rating on the stock in a research report on Thursday, October 29th. Redburn Partners began coverage on shares of Gilead Sciences in a research report on Monday, December 14th. They set a “neutral” rating on the stock. Truist Financial dropped their price target on shares of Gilead Sciences from $67.00 to $625.00 in a research report on Friday, December 18th. Finally, JPMorgan Chase & Co. reissued a “hold” rating on shares of Gilead Sciences in a research report on Tuesday, December 8th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twelve have assigned a buy rating to the company. Gilead Sciences has a consensus rating of “Hold” and a consensus target price of $92.87. Read more …

 


Wells Fargo & Company (NYSE:WFC) was upgraded by stock analysts at Seaport Global Securities from a “neutral” rating to a “buy” rating in a research note issued on Tuesday, Briefing.com reports. The brokerage presently has a $42.00 price target on the financial services provider’s stock. Seaport Global Securities’ target price points to a potential upside of 27.97% from the company’s current price.

WFC has been the subject of a number of other reports. UBS Group upgraded shares of Wells Fargo & Company from a “neutral” rating to a “buy” rating in a report on Tuesday, January 12th. Barclays lifted their target price on Wells Fargo & Company from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Monday, January 4th. Morgan Stanley raised Wells Fargo & Company from an “equal weight” rating to an “overweight” rating and set a $40.00 price target for the company in a research report on Monday, November 30th. Credit Suisse Group lifted their price objective on shares of Wells Fargo & Company from $33.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, December 11th. Finally, Raymond James upped their target price on shares of Wells Fargo & Company from $32.00 to $35.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 29th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $32.54. Read more …

 

 


American Electric Power (NASDAQ:AEP) was upgraded by investment analysts at Guggenheim from a "neutral" rating to a "buy" rating in a research note issued to investors on Wednesday, The Fly reports.

Other analysts have also recently issued reports about the stock. KeyCorp upped their target price on shares of American Electric Power from $96.00 to $97.00 and gave the company an "overweight" rating in a research report on Monday, October 19th. The Goldman Sachs Group cut shares of American Electric Power from a "neutral" rating to a "sell" rating and decreased their target price for the company from $90.00 to $83.00 in a research report on Thursday, January 14th. Mizuho assumed coverage on shares of American Electric Power in a research report on Monday, December 14th. They set a "buy" rating and a $84.00 target price on the stock. Wells Fargo & Company cut shares of American Electric Power from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $101.00 to $88.00 in a research report on Wednesday, January 6th. Finally, Royal Bank of Canada upped their target price on shares of American Electric Power from $94.00 to $98.00 and gave the company an "outperform" rating in a research report on Monday, October 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company's stock. American Electric Power presently has a consensus rating of "Buy" and an average price target of $94.21. Read more …

 


The Walt Disney (NYSE:DIS) was upgraded by analysts at UBS Group from a "neutral" rating to a "buy" rating in a research report issued on Friday, Briefing.com reports. The firm currently has a $200.00 price objective on the entertainment giant's stock, up from their prior price objective of $155.00. UBS Group's price target suggests a potential upside of 16.77% from the stock's current price.

A number of other research analysts have also issued reports on the stock. Barclays boosted their price target on shares of The Walt Disney from $150.00 to $185.00 in a research note on Friday, December 11th. Morgan Stanley boosted their price target on shares of The Walt Disney from $175.00 to $200.00 and gave the stock an "overweight" rating in a research note on Monday, December 21st. The Goldman Sachs Group boosted their price target on shares of The Walt Disney from $142.00 to $156.00 and gave the stock a "buy" rating in a research note on Friday, November 13th. BMO Capital Markets downgraded shares of The Walt Disney from an "outperform" rating to a "market perform" rating and boosted their price objective for the stock from $165.00 to $185.00 in a report on Monday, December 14th. Finally, Credit Suisse Group boosted their price objective on shares of The Walt Disney from $146.00 to $178.00 and gave the stock an "outperform" rating in a report on Wednesday, December 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twenty-three have given a buy rating to the stock. The Walt Disney currently has a consensus rating of "Buy" and a consensus price target of $164.23. Read more …

 

 


U.S. Bancorp (NYSE:USB) was upgraded by Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday, Analyst Ratings Network reports. The brokerage currently has a $55.00 price target on the financial services provider’s stock, up from their prior price target of $53.00. Citigroup’s price objective indicates a potential upside of 20.43% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Royal Bank of Canada raised their price objective on shares of U.S. Bancorp from $42.00 to $52.00 in a research report on Thursday, December 10th. Barclays increased their price target on shares of U.S. Bancorp from $53.00 to $61.00 and gave the company an “overweight” rating in a research note on Monday, January 4th. Morgan Stanley upgraded shares of U.S. Bancorp from an “underweight” rating to an “equal weight” rating and set a $57.00 price objective for the company in a research report on Monday, November 30th. Deutsche Bank Aktiengesellschaft increased their price objective on U.S. Bancorp from $46.00 to $55.00 and gave the company a “buy” rating in a research report on Wednesday, January 6th. Finally, Zacks Investment Research upgraded U.S. Bancorp from a “hold” rating to a “strong-buy” rating and set a $52.00 target price for the company in a research report on Thursday, December 17th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $50.39. Read more …

 

 

Downgrades:

 


GlaxoSmithKline (NYSE:GSK) was downgraded by investment analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, Briefing.com reports.

Other equities research analysts also recently issued reports about the company. Oddo Bhf raised GlaxoSmithKline from a “neutral” rating to a “buy” rating in a report on Wednesday, September 23rd. UBS Group downgraded GlaxoSmithKline from a “buy” rating to a “neutral” rating in a report on Thursday, December 3rd. Liberum Capital raised GlaxoSmithKline from a “hold” rating to a “buy” rating in a report on Monday, November 2nd. Deutsche Bank Aktiengesellschaft began coverage on GlaxoSmithKline in a report on Friday, January 15th. They issued a “hold” rating for the company. Finally, DZ Bank reissued a “buy” rating on shares of GlaxoSmithKline in a report on Wednesday, December 16th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $41.00. Read more …

 


The Kroger (NYSE:KR) was downgraded by equities researchers at Morgan Stanley from an "equal weight" rating to an "underweight" rating in a report released on Wednesday, Briefing.com reports. They currently have a $28.00 price objective on the stock. Morgan Stanley's price objective indicates a potential downside of 16.72% from the stock's previous close.

Other equities research analysts also recently issued research reports about the company. Jefferies Financial Group began coverage on The Kroger in a research report on Friday, November 20th. They issued a "hold" rating and a $33.00 target price on the stock. Barclays cut The Kroger from an "equal weight" rating to an "underweight" rating and set a $31.00 target price for the company. in a research note on Thursday, January 7th. Zacks Investment Research cut The Kroger from a "buy" rating to a "hold" rating and set a $34.00 target price for the company. in a research note on Thursday, November 26th. Evercore ISI reissued an "in-line" rating and set a $36.00 target price (down from $40.00) on shares of The Kroger in a research note on Friday, October 23rd. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell decreased their price target on The Kroger from $36.00 to $33.00 and set a "neutral" rating for the company in a report on Friday, December 4th. Four investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have assigned a buy rating to the company. The Kroger currently has a consensus rating of "Hold" and a consensus price target of $34.62. Read more …

 

 


Novo Nordisk A/S (NYSE:NVO) was downgraded by research analysts at Credit Suisse Group from an “outperform” rating to a “neutral” rating in a report released on Wednesday, Briefing.com reports.

NVO has been the subject of a number of other research reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Novo Nordisk A/S in a research report on Thursday, November 12th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Novo Nordisk A/S in a research report on Friday, January 15th. They issued a “buy” rating for the company. Morgan Stanley downgraded shares of Novo Nordisk A/S from an “equal weight” rating to an “underweight” rating in a research report on Friday, November 6th. Societe Generale reiterated a “sell” rating on shares of Novo Nordisk A/S in a research report on Tuesday, November 3rd. Finally, Berenberg Bank assumed coverage on shares of Novo Nordisk A/S in a research note on Tuesday, September 29th. They set a “hold” rating for the company. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Novo Nordisk A/S has a consensus rating of “Hold” and a consensus target price of $72.00. Read more …

 


Caterpillar (NYSE:CAT) was downgraded by research analysts at Citigroup from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, AR Network reports.

Several other equities analysts have also recently issued reports on CAT. Barclays upped their price objective on Caterpillar from $165.00 to $200.00 and gave the company an “equal weight” rating in a research report on Friday, January 15th. Sanford C. Bernstein assumed coverage on Caterpillar in a report on Tuesday, September 22nd. They set a “market perform” rating on the stock. Morgan Stanley increased their price target on Caterpillar from $122.00 to $132.00 and gave the company an “underweight” rating in a report on Tuesday, December 15th. Langenberg & Company cut Caterpillar from a “hold” rating to a “sell” rating in a report on Tuesday, October 27th. Finally, OTR Global raised Caterpillar to a “positive” rating in a report on Monday, December 14th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $160.10. Read more …

 


Chevron (NYSE:CVX) was downgraded by analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Thursday, Briefing.com reports. They presently have a $98.00 price target on the oil and gas company’s stock. Jefferies Financial Group’s price target points to a potential upside of 2.75% from the company’s previous close.

Several other analysts also recently issued reports on the company. Scotiabank raised Chevron from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $95.00 to $110.00 in a report on Thursday, January 14th. Piper Sandler raised Chevron from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $108.00 to $113.00 in a research note on Friday, January 8th. Truist Securiti cut their target price on Chevron from $113.00 to $112.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Morgan Stanley cut their target price on Chevron from $114.00 to $113.00 and set an “overweight” rating on the stock in a research note on Monday, January 11th. Finally, Zacks Investment Research raised Chevron from a “sell” rating to a “hold” rating and set a $95.00 target price on the stock in a research note on Tuesday, December 15th. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Chevron presently has an average rating of “Buy” and a consensus target price of $103.88. Read more …

 

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