Notable Analyst Upgrades and Downgrades for Week of February 8, 2021

 


Upgrades:

 


Exxon Mobil (NYSE:XOM) was upgraded by analysts at Exane BNP Paribas from an "underperform" rating to a "neutral" rating in a report released on Monday, The Fly reports.

Other equities research analysts have also recently issued research reports about the stock. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell increased their target price on shares of Exxon Mobil from $33.00 to $39.00 in a research note on Wednesday, December 9th. BNP Paribas raised shares of Exxon Mobil from an "underperform" rating to a "neutral" rating and set a $45.50 price target for the company in a research report on Monday. Mizuho assumed coverage on shares of Exxon Mobil in a research report on Tuesday, January 12th. They issued a "neutral" rating and a $49.00 price target for the company. Truist reissued a "hold" rating and issued a $39.00 price target (up previously from $36.00) on shares of Exxon Mobil in a research report on Monday, November 16th. Finally, Smith Barney Citigroup increased their price target on shares of Exxon Mobil from $33.00 to $39.00 in a research report on Wednesday, December 9th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eight have assigned a buy rating to the company. Exxon Mobil has an average rating of "Hold" and a consensus price target of $48.40. Read more …

 


Air Products and Chemicals (NYSE:APD) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, Briefing.com reports. The firm presently has a $305.00 price target on the basic materials company’s stock. Bank of America‘s price target indicates a potential upside of 20.48% from the stock’s previous close.

A number of other analysts have also issued reports on the company. Jefferies Financial Group lowered Air Products and Chemicals from a “buy” rating to a “hold” rating and lifted their price target for the stock from $307.00 to $324.00 in a research note on Thursday, January 7th. Deutsche Bank Aktiengesellschaft lowered their price target on Air Products and Chemicals from $315.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday. Wells Fargo & Company lowered their price target on Air Products and Chemicals from $340.00 to $320.00 and set an “overweight” rating on the stock in a research note on Thursday, November 12th. Citigroup lowered Air Products and Chemicals from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $325.00 to $277.00 in a research note on Friday. Finally, Barclays reaffirmed a “buy” rating on shares of Air Products and Chemicals in a research note on Sunday. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $295.69. Read more …

 


The Hershey (NYSE:HSY) was upgraded by Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a research report issued on Monday, Briefing.com reports. The firm currently has a $170.00 target price on the stock, up from their previous target price of $157.00. Royal Bank of Canada's price target would suggest a potential upside of 15.96% from the company's previous close.

Several other research firms have also recently weighed in on HSY. Morgan Stanley increased their price target on shares of The Hershey from $148.00 to $152.00 and gave the company an "equal weight" rating in a report on Monday, November 9th. Wells Fargo & Company lowered their price target on shares of The Hershey from $155.00 to $149.00 and set an "equal weight" rating on the stock in a report on Monday, November 9th. Smith Barney Citigroup initiated coverage on shares of The Hershey in a report on Monday, October 19th. They issued a "buy" rating on the stock. Bank of America raised shares of The Hershey from a "neutral" rating to a "buy" rating and set a $168.00 price target on the stock in a report on Wednesday, January 6th. Finally, Credit Suisse Group increased their price target on shares of The Hershey from $172.00 to $175.00 and gave the company an "outperform" rating in a report on Friday. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. The Hershey presently has a consensus rating of "Hold" and an average price target of $154.60. Read more …

 

 


Target (NYSE:TGT) was upgraded by Stifel Nicolaus from a "hold" rating to a "buy" rating in a research note issued on Monday, The Fly reports. The firm currently has a $225.00 price objective on the retailer's stock, up from their previous price objective of $200.00. Stifel Nicolaus' target price points to a potential upside of 19.14% from the stock's previous close.

A number of other research firms have also weighed in on TGT. Raymond James increased their target price on Target from $180.00 to $200.00 and gave the stock a "strong-buy" rating in a research note on Thursday, November 19th. MKM Partners upgraded Target from a "sell" rating to a "neutral" rating and increased their target price for the stock from $127.00 to $156.00 in a research note on Thursday, November 19th. Cowen increased their price target on Target from $190.00 to $230.00 and gave the stock an "outperform" rating in a research report on Thursday, January 14th. Morgan Stanley increased their price target on Target from $180.00 to $195.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 20th. Finally, Telsey Advisory Group increased their price target on Target from $190.00 to $225.00 and gave the stock an "outperform" rating in a research report on Thursday, January 14th. Five equities research 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 stock. The stock has an average rating of "Buy" and a consensus target price of $166.48. Read more …

 


Tyson Foods (NYSE:TSN) was upgraded by investment analysts at Stephens from an “equal weight” rating to an “overweight” rating in a note issued to investors on Monday, The Fly reports. The firm currently has a $80.00 target price on the stock, up from their prior target price of $64.00. Stephens’ price objective indicates a potential upside of 20.88% from the company’s current price.

Several other research firms have also issued reports on TSN. JPMorgan Chase & Co. lowered Tyson Foods from an “overweight” rating to a “neutral” rating and cut their target price for the company from $72.00 to $70.00 in a research note on Wednesday, December 16th. Piper Sandler upgraded Tyson Foods from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $70.00 to $77.00 in a research note on Thursday, December 3rd. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $75.70. Read more …

 


The Western Union (NYSE:WU) was upgraded by analysts at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating in a research note issued on Thursday, Briefing.com reports. The brokerage currently has a $25.00 target price on the credit services provider’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 6.52% from the stock’s previous close.

Several other research firms also recently weighed in on WU. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised shares of The Western Union from a “sell” rating to a “neutral” rating and lifted their price target for the company from $21.00 to $22.00 in a research note on Thursday, November 5th. Smith Barney Citigroup raised shares of The Western Union from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $21.00 to $22.00 in a report on Thursday, November 5th. Morgan Stanley lifted their price objective on shares of The Western Union from $18.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, November 12th. Barclays reissued a “sell” rating and set a $18.00 price objective on shares of The Western Union in a report on Tuesday, December 22nd. Finally, Guggenheim raised shares of The Western Union from a “neutral” rating to a “buy” rating in a report on Friday, January 8th. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $22.89. Read more …

 

 


Cisco Systems (NASDAQ:CSCO) was upgraded by analysts at DZ Bank from a "hold" rating to a "buy" rating in a research note issued to investors on Thursday, Briefing.com reports. The brokerage presently has a $52.00 price target on the network equipment provider's stock. DZ Bank's target price indicates a potential upside of 10.08% from the stock's previous close.

A number of other research firms have also commented on CSCO. Piper Sandler upped their price objective on shares of Cisco Systems from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Wednesday. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $50.00 price objective on shares of Cisco Systems in a research note on Wednesday. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upped their price objective on shares of Cisco Systems from $43.00 to $45.00 in a research note on Friday, November 13th. JPMorgan Chase & Co. upped their price objective on shares of Cisco Systems from $44.00 to $50.00 and gave the company a "neutral" rating in a research note on Monday, January 25th. Finally, Citigroup upped their target price on Cisco Systems from $45.00 to $50.00 in a report on Wednesday. Sixteen research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. The stock currently has an average rating of "Hold" and a consensus price target of $48.63. Read more …

 


Albemarle (NYSE:ALB) was upgraded by research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, Briefing.com reports. The brokerage currently has a $184.00 price target on the specialty chemicals company’s stock. Citigroup’s target price suggests a potential upside of 15.11% from the company’s previous close.

ALB has been the topic of a number of other reports. Loop Capital upped their target price on Albemarle from $148.00 to $174.00 and gave the stock a “hold” rating in a research report on Thursday, February 4th. They noted that the move was a valuation call. BMO Capital Markets upped their price target on Albemarle from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 6th. Argus upped their price target on Albemarle from $98.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, November 13th. HSBC upgraded Albemarle from a “hold” rating to a “buy” rating and set a $121.00 price target for the company in a report on Wednesday, October 21st. Finally, Wells Fargo & Company upped their price target on Albemarle from $85.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, October 15th. Seven research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. Albemarle presently has a consensus rating of “Hold” and a consensus target price of $110.50. Read more …

 

 

Downgrades:

 


ViacomCBS (NASDAQ:VIAC) was downgraded by equities researchers at UBS Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Monday, Briefing.com reports. They presently have a $29.00 price objective on the stock. UBS Group’s target price suggests a potential downside of 46.34% from the stock’s previous close.

A number of other brokerages also recently issued reports on VIAC. Deutsche Bank Aktiengesellschaft downgraded ViacomCBS from a “hold” rating to a “sell” rating in a report on Thursday. They noted that the move was a valuation call. Moffett Nathanson upped their price target on ViacomCBS from $26.00 to $50.00 in a report on Friday, January 15th. Morgan Stanley upped their price target on ViacomCBS from $29.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, November 2nd. Rosenblatt Securities upped their price target on ViacomCBS from $28.00 to $30.00 and gave the company a “neutral” rating in a report on Monday, November 16th. Finally, Macquarie raised their price objective on ViacomCBS from $37.00 to $46.00 in a research note on Thursday, January 28th. Seven investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. ViacomCBS has an average rating of “Hold” and a consensus target price of $37.91. Read more …

 

 


ONEOK (NYSE:OKE) was downgraded by research analysts at Seaport Global Securities from a "buy" rating to a "neutral" rating in a research report issued to clients and investors on Monday, The Fly reports.

A number of other analysts have also issued reports on the company. The Goldman Sachs Group lowered ONEOK from a "neutral" rating to a "sell" rating and set a $26.00 price target on the stock. in a research note on Wednesday, October 14th. Credit Suisse Group lifted their price target on ONEOK from $33.00 to $34.00 and gave the stock a "neutral" rating in a research note on Friday, October 30th. Zacks Investment Research raised ONEOK from a "hold" rating to a "strong-buy" rating and set a $44.00 price target on the stock in a research note on Tuesday, December 29th. Citigroup lifted their price target on ONEOK from $32.00 to $41.00 in a research note on Tuesday, January 26th. Finally, Morgan Stanley lifted their price target on ONEOK from $37.00 to $40.00 and gave the stock an "underweight" rating in a research note on Friday, January 15th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of "Hold" and an average target price of $38.68. Read more …

 


Leggett & Platt (NYSE:LEG) was downgraded by investment analysts at Raymond James from a "strong-buy" rating to an "outperform" rating in a research report issued on Wednesday, Briefing.com reports. They presently have a $48.00 target price on the stock. Raymond James' target price points to a potential upside of 11.55% from the company's current price.

Several other equities research analysts have also recently weighed in on LEG. TheStreet raised Leggett & Platt from a "c" rating to a "b" rating in a research report on Monday, November 2nd. The Goldman Sachs Group raised Leggett & Platt from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $46.00 to $52.00 in a report on Thursday, November 19th. Piper Sandler lifted their price objective on Leggett & Platt from $39.00 to $42.00 and gave the company a "neutral" rating in a report on Wednesday, November 4th. Finally, Zacks Investment Research lowered Leggett & Platt from a "hold" rating to a "sell" rating and set a $45.00 target price for the company. in a research note on Monday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company's stock. The stock currently has an average rating of "Hold" and a consensus price target of $40.33. Read more …

 


Federal Realty Investment Trust (NYSE:FRT) was downgraded by Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other equities analysts have also recently issued reports on the stock. Bank of America boosted their price objective on shares of Federal Realty Investment Trust from $85.00 to $101.00 and gave the company a “neutral” rating in a research report on Monday, November 16th. Mizuho cut shares of Federal Realty Investment Trust from a “buy” rating to a “neutral” rating in a research report on Monday, October 19th. Jefferies Financial Group cut shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating and reduced their price target for the company from $88.00 to $75.00 in a research report on Friday, October 16th. Wells Fargo & Company cut shares of Federal Realty Investment Trust from an “overweight” rating to an “equal weight” rating and set a $95.00 price target on the stock. in a research report on Thursday, December 10th. Finally, Compass Point cut shares of Federal Realty Investment Trust from a “buy” rating to a “neutral” rating and set a $90.00 price target on the stock. in a research report on Monday, January 25th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $90.47. Read more …

 

 


Williams-Sonoma (NYSE:WSM) was downgraded by research analysts at Oppenheimer from an “outperform” rating to a “market perform” rating in a research note issued to investors on Friday, The Fly reports. They presently have a $136.00 target price on the specialty retailer’s stock, up from their prior target price of $115.00. Oppenheimer’s price target suggests a potential upside of 6.55% from the company’s previous close.

A number of other research firms have also weighed in on WSM. Zacks Investment Research lowered shares of Williams-Sonoma from a “strong-buy” rating to a “hold” rating and set a $133.00 price objective on the stock. in a research note on Friday, January 22nd. JPMorgan Chase & Co. raised their price target on shares of Williams-Sonoma from $80.00 to $95.00 and gave the company an “underweight” rating in a research report on Friday, November 13th. Morgan Stanley raised shares of Williams-Sonoma from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, January 20th. UBS Group lowered shares of Williams-Sonoma from a “neutral” rating to a “sell” rating and set a $110.00 price target on the stock. in a research report on Monday, February 1st. Finally, Royal Bank of Canada raised their price target on shares of Williams-Sonoma from $101.00 to $117.00 in a research report on Friday, November 20th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $102.11. Read more …

 


Manulife Financial (NYSE:MFC) (TSE:MFC) was downgraded by stock analysts at CIBC from an “outperform” rating to a “neutral” rating in a research report issued on Friday, The Fly reports.

A number of other research firms have also recently issued reports on MFC. National Alliance Securities reissued a “sector perform” rating on shares of Manulife Financial in a research report on Monday, January 18th. Scotiabank increased their price objective on shares of Manulife Financial from $23.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Friday, January 29th. TheStreet raised shares of Manulife Financial from a “c+” rating to a “b” rating in a research report on Tuesday, November 10th. Finally, Zacks Investment Research cut shares of Manulife Financial from a “buy” rating to a “hold” rating and set a $19.00 price objective on the stock. in a research report on Monday, February 1st. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $22.33. Read more …

 


Duke Energy (NYSE:DUK) was downgraded by equities research analysts at Bank of America from a "buy" rating to a "neutral" rating in a report released on Friday, The Fly reports. They presently have a $94.00 price objective on the utilities provider's stock. Bank of America's price objective would indicate a potential upside of 3.96% from the stock's previous close.

Other equities research analysts have also issued research reports about the stock. Mizuho upped their target price on shares of Duke Energy from $93.00 to $96.00 in a research note on Monday, February 1st. BMO Capital Markets started coverage on shares of Duke Energy in a research note on Tuesday, November 24th. They set an "outperform" rating and a $99.00 price objective on the stock. Morgan Stanley dropped their price objective on shares of Duke Energy from $95.00 to $93.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 20th. Credit Suisse Group increased their price objective on shares of Duke Energy from $92.00 to $96.00 and gave the stock a "neutral" rating in a research note on Friday, January 29th. Finally, Barclays increased their price objective on shares of Duke Energy from $102.00 to $108.00 and gave the stock an "equal weight" rating in a research note on Thursday, January 28th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of "Hold" and an average target price of $98.00. Read more …

 

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