Notable Analyst Upgrades and Downgrades for Week of February 15, 2021

 


Upgrades:

 


Albemarle (NYSE:ALB) was upgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note issued to investors on Monday, The Fly reports.

A number of other research analysts have also weighed in on the company. BMO Capital Markets raised their target price on Albemarle from $115.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, November 6th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lowered Albemarle from a "buy" rating to a "neutral" rating and raised their target price for the company from $132.00 to $175.00 in a report on Wednesday, January 6th. HSBC upgraded Albemarle from a "hold" rating to a "buy" rating and set a $121.00 target price on the stock in a report on Wednesday, October 21st. Argus raised their target price on Albemarle from $98.00 to $140.00 and gave the company a "buy" rating in a report on Friday, November 13th. Finally, Morgan Stanley raised their target price on Albemarle from $40.00 to $50.00 and gave the company an "underweight" rating in a report on Friday, November 6th. Seven research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company's stock. Albemarle presently has a consensus rating of "Hold" and an average price target of $110.75. Read more …

 


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

Several other analysts also recently issued reports on the stock. Argus upped their price objective on shares of Eaton from $120.00 to $130.00 in a report on Thursday, December 10th. Robert W. Baird upped their price objective on shares of Eaton from $119.00 to $120.00 and gave the stock a “neutral” rating in a report on Tuesday, February 2nd. Royal Bank of Canada upped their price objective on shares of Eaton from $112.00 to $119.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 3rd. They noted that the move was a valuation call. Barclays upped their price objective on shares of Eaton from $95.00 to $105.00 in a report on Thursday, November 5th. Finally, Bank of America raised shares of Eaton from a “neutral” rating to a “buy” rating and set a $135.00 price objective for the company in a report on Wednesday, November 11th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Eaton has an average rating of “Buy” and a consensus price target of $118.00. Read more …

 


Southern Copper (NYSE:SCCO) was upgraded by equities researchers at Citigroup from a "sell" rating to a "neutral" rating in a report issued on Tuesday, Price Targets.com reports. The brokerage presently has a $70.00 price objective on the basic materials company's stock. Citigroup's price target points to a potential downside of 3.39% from the company's current price.

Other equities research analysts have also issued reports about the stock. Barclays started coverage on shares of Southern Copper in a report on Wednesday, January 6th. They set an "underweight" rating and a $54.00 price objective on the stock. UBS Group lowered shares of Southern Copper from a "buy" rating to a "neutral" rating and upped their price target for the company from $49.00 to $60.00 in a report on Wednesday, December 9th. Finally, HSBC lowered shares of Southern Copper from a "hold" rating to a "reduce" rating and set a $48.50 target price on the stock in a research note on Tuesday, December 1st. Fife investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company's stock. The stock has a consensus rating of "Sell" and a consensus target price of $46.39. Read more …

 

 


Bank of Montreal (NYSE:BMO) (TSE:BMO) was upgraded by equities research analysts at Scotiabank from a “sector perform” rating to a “sector outperform” rating in a report issued on Wednesday, Briefing.com reports.

Several other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Bank of Montreal from a “buy” rating to a “hold” rating in a report on Wednesday, February 3rd. BMO Capital Markets lifted their price target on shares of Bank of Montreal from $93.00 to $102.00 and gave the company a “sector perform” rating in a report on Monday, January 11th. Canaccord Genuity reiterated a “buy” rating on shares of Bank of Montreal in a research report on Wednesday, December 2nd. Royal Bank of Canada restated a “market perform” rating on shares of Bank of Montreal in a report on Wednesday, December 2nd. Finally, Barclays boosted their price objective on shares of Bank of Montreal from $88.00 to $96.00 and gave the company an “underweight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. Bank of Montreal presently has an average rating of “Hold” and a consensus price target of $86.11. Read more …

 


Royal Bank of Canada (RY.TO) (TSE:RY) (NYSE:RY) was upgraded by equities researchers at Canaccord Genuity to a "buy" rating in a report issued on Friday, Stock Target Advisor reports.

A number of other analysts have also issued reports on RY. BMO Capital Markets boosted their price objective on Royal Bank of Canada (RY.TO) from C$106.00 to C$111.00 in a research note on Monday, December 14th. National Bank Financial upped their price target on Royal Bank of Canada (RY.TO) from C$113.00 to C$117.00 and gave the company an "outperform" rating in a research report on Monday, January 11th. Fundamental Research upped their price target on Royal Bank of Canada (RY.TO) from C$89.93 to C$102.97 and gave the company a "hold" rating in a research report on Tuesday, December 8th. Scotiabank decreased their price target on Royal Bank of Canada (RY.TO) from C$125.00 to C$122.00 in a research report on Thursday, December 3rd. Finally, CIBC upped their price target on Royal Bank of Canada (RY.TO) from C$127.00 to C$128.00 in a research report on Thursday, December 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of "Buy" and an average target price of C$110.36. Read more …

 


Wells Fargo & Company (NYSE:WFC) was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, Briefing.com reports. The brokerage presently has a $37.00 target price on the financial services provider’s stock, up from their previous target price of $31.50. JPMorgan Chase & Co.‘s price target suggests a potential upside of 1.12% from the company’s previous close.

WFC has been the subject of several other reports. Royal Bank of Canada upgraded shares of Wells Fargo & Company from an “underperform” rating to a “sector perform” rating and lifted their target price for the company from $25.00 to $31.00 in a report on Monday, November 30th. Barclays raised their price target on shares of 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. Compass Point raised shares of Wells Fargo & Company from a “neutral” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Friday, November 6th. Morgan Stanley raised shares of 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. Finally, TheStreet raised shares of Wells Fargo & Company from a “c” rating to a “b-” rating in a research report on Friday, January 15th. Eleven investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $33.80. Read more …

 

 


The Clorox (NYSE:CLX) was upgraded by investment analysts at Atlantic Securities from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Friday, The Fly reports. The firm currently has a $233.00 price target on the stock. Atlantic Securities' target price would indicate a potential upside of 22.86% from the company's current price.

Several other brokerages have also recently weighed in on CLX. DA Davidson boosted their price objective on The Clorox from $263.00 to $268.00 and gave the stock a "buy" rating in a research note on Tuesday, November 3rd. Wells Fargo & Company reissued a "buy" rating and set a $240.00 price objective on shares of The Clorox in a research note on Wednesday, February 10th. Bank of America reduced their price objective on The Clorox from $245.00 to $235.00 and set a "neutral" rating on the stock in a research note on Friday, January 22nd. Morgan Stanley reduced their price objective on The Clorox from $190.00 to $182.00 and set an "underweight" rating on the stock in a research note on Thursday, January 14th. Finally, Smith Barney Citigroup raised The Clorox from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $238.00 to $249.00 in a research note on Monday, December 14th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company's stock. The Clorox presently has an average rating of "Hold" and a consensus target price of $219.83. Read more …

 

 

Downgrades:

 


Waste Management (NYSE:WM) was downgraded by Robert W. Baird from an "outperform" rating to a "neutral" rating in a report released on Tuesday, Briefing.com reports. They presently have a $122.00 price target on the business services provider's stock, down from their previous price target of $128.00. Robert W. Baird's price objective points to a potential upside of 7.73% from the stock's previous close.

Several other research firms also recently weighed in on WM. Morgan Stanley boosted their price target on Waste Management from $121.00 to $122.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 6th. Oppenheimer boosted their price target on Waste Management from $123.00 to $128.00 and gave the company an "outperform" rating in a research note on Tuesday, November 3rd. CIBC boosted their price target on Waste Management from $117.00 to $120.00 and gave the company a "neutral" rating in a research note on Tuesday, November 3rd. Deutsche Bank Aktiengesellschaft upped their target price on Waste Management from $111.00 to $119.00 and gave the stock a "hold" rating in a research note on Wednesday, November 4th. Finally, Raymond James upped their target price on Waste Management from $120.00 to $131.00 and gave the stock an "outperform" rating in a research note on Thursday, January 7th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of "Hold" and an average target price of $117.57. Read more …

 


American Express (NYSE:AXP) was downgraded by investment analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, Briefing.com reports. They presently have a $126.00 target price on the payment services company’s stock. Robert W. Baird’s price target indicates a potential downside of 2.79% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Barclays upgraded shares of American Express from an “equal weight” rating to a “positive” rating and boosted their target price for the company from $114.00 to $132.00 in a research report on Thursday, December 10th. They noted that the move was a valuation call. Wells Fargo & Company upped their target price on American Express from $130.00 to $150.00 and gave the stock an “overweight” rating in a research note on Monday, January 4th. Oppenheimer dropped their target price on American Express from $136.00 to $128.00 and set an “outperform” rating on the stock in a report on Wednesday, January 27th. TheStreet raised American Express from a “c” rating to a “b-” rating in a report on Friday, October 23rd. Finally, Morgan Stanley dropped their price objective on shares of American Express from $175.00 to $165.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 27th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $119.46. Read more …

 

 


The Kraft Heinz (NASDAQ:KHC) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued on Friday, Briefing.com reports. They currently have a $41.00 target price on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 5.24% from the stock’s current price.

KHC has been the topic of several other research reports. Morgan Stanley raised their price target on The Kraft Heinz from $35.00 to $38.00 and gave the company an “equal weight” rating in a research note on Friday, February 12th. Guggenheim upgraded The Kraft Heinz from a “neutral” rating to a “buy” rating and raised their price target for the company from $34.00 to $35.00 in a research note on Friday, October 30th. Stifel Nicolaus raised their price target on The Kraft Heinz from $33.00 to $38.00 and gave the company a “hold” rating in a research note on Friday, February 12th. Finally, Jefferies Financial Group raised their price target on The Kraft Heinz from $32.00 to $34.00 and gave the company a “hold” rating in a research note on Tuesday, January 12th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $36.71. Read more …

 

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