Notable Analyst Upgrades and Downgrades for Week of February 22, 2021

 


Upgrades:

 


The Charles Schwab (NYSE:SCHW) was upgraded by investment analysts at Wolfe Research from an "underperform" rating to a "market perform" rating in a research report issued on Monday, Price Targets.com reports. The firm presently has a $67.00 price objective on the financial services provider's stock. Wolfe Research's price target suggests a potential upside of 6.93% from the company's current price.

SCHW has been the subject of a number of other reports. Wells Fargo & Company increased their price target on shares of The Charles Schwab from $60.00 to $70.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 20th. 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 increased their price target for the stock from $44.00 to $54.00 in a research report on Tuesday, November 17th. Morgan Stanley increased their price target on shares of The Charles Schwab from $71.00 to $76.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 10th. Bank of America raised shares of The Charles Schwab from a "neutral" rating to a "buy" rating and increased their price target for the stock from $52.00 to $68.00 in a research report on Tuesday, January 12th. Finally, Smith Barney Citigroup raised shares of The Charles Schwab from a "neutral" rating to a "buy" rating and increased their price target for the stock from $44.00 to $54.00 in a research report on Tuesday, November 17th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of "Buy" and a consensus price target of $55.77. Read more …

 


The Southern (NYSE:SO) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm currently has a $68.00 price objective on the utilities provider’s stock, up from their previous price objective of $61.00. Credit Suisse Group’s target price would indicate a potential upside of 14.65% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Scotiabank raised The Southern from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $66.00 to $75.00 in a research note on Tuesday, December 15th. Mizuho raised their price objective on The Southern from $48.00 to $53.00 in a research note on Wednesday, October 28th. Barclays raised their price objective on The Southern from $61.00 to $73.00 and gave the company an “overweight” rating in a research note on Wednesday, November 18th. BMO Capital Markets started coverage on The Southern in a research note on Tuesday, November 24th. They issued a “market perform” rating and a $67.00 price objective for the company. Finally, Morgan Stanley reduced their price objective on The Southern from $57.00 to $56.00 and set an “underweight” rating for the company in a research note on Wednesday, January 20th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $64.33. Read more …

 


Parker-Hannifin (NYSE:PH) was upgraded by analysts at Vertical Research from a "hold" rating to a "buy" rating in a research note issued on Monday, The Fly reports.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group upped their price target on shares of Parker-Hannifin from $280.00 to $330.00 and gave the company a "buy" rating in a report on Friday, January 15th. BMO Capital Markets increased their target price on shares of Parker-Hannifin from $320.00 to $350.00 and gave the stock an "outperform" rating in a report on Friday, February 5th. Stifel Nicolaus increased their target price on shares of Parker-Hannifin from $320.00 to $343.00 in a report on Friday, February 5th. Morgan Stanley increased their target price on shares of Parker-Hannifin from $308.00 to $317.00 and gave the stock an "overweight" rating in a report on Friday, February 5th. Finally, Argus increased their target price on shares of Parker-Hannifin from $210.00 to $280.00 and gave the stock a "buy" rating in a report on Tuesday, November 10th. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of "Buy" and a consensus target price of $275.86. Read more …

 

 


Texas Instruments (NASDAQ:TXN) was upgraded by analysts at Raymond James from a "market perform" rating to an "outperform" rating in a report issued on Tuesday, Briefing.com reports. The firm presently has a $220.00 target price on the semiconductor company's stock. Raymond James' target price indicates a potential upside of 27.10% from the stock's previous close.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reissued a "buy" rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Friday, February 5th. Deutsche Bank Aktiengesellschaft upped their target price on Texas Instruments from $150.00 to $170.00 and gave the stock a "hold" rating in a report on Wednesday, January 27th. Mizuho raised their target price on Texas Instruments from $162.00 to $175.00 and gave the company a "neutral" rating in a research note on Wednesday, January 27th. Cascend Securities increased their price objective on Texas Instruments from $175.00 to $190.00 and gave the stock a "buy" rating in a report on Friday, January 22nd. Finally, Morgan Stanley boosted their target price on shares of Texas Instruments from $154.00 to $162.00 and gave the company an "underweight" rating in a report on Wednesday, January 27th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the company's stock. The company has a consensus rating of "Hold" and an average price target of $165.71. Read more …

 


Starbucks (NASDAQ:SBUX) was upgraded by research analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a research note issued on Tuesday, Briefing.com reports. The brokerage currently has a $120.00 price objective on the coffee company's stock, up from their previous price objective of $102.00. BMO Capital Markets' target price indicates a potential upside of 17.87% from the company's previous close.

Other analysts have also recently issued research reports about the stock. Cowen upped their price target on shares of Starbucks from $110.00 to $112.00 and gave the company an "outperform" rating in a research report on Thursday, December 10th. Piper Sandler upped their price objective on shares of Starbucks from $100.00 to $104.00 in a report on Wednesday, January 27th. Morgan Stanley upped their price objective on shares of Starbucks from $106.00 to $110.00 and gave the company an "equal weight" rating in a report on Wednesday, January 27th. Telsey Advisory Group upped their price objective on shares of Starbucks from $102.00 to $108.00 and gave the company a "market perform" rating in a report on Wednesday, January 27th. Finally, Oppenheimer upped their price objective on shares of Starbucks from $112.00 to $120.00 and gave the company an "outperform" rating in a report on Thursday, December 10th. Eleven research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Starbucks presently has an average rating of "Buy" and an average target price of $102.26. Read more …

 


AstraZeneca (NASDAQ:AZN) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, Briefing.com reports.

Several other equities analysts have also issued reports on AZN. Barclays restated an “overweight” rating on shares of AstraZeneca in a research report on Friday, January 22nd. Piper Sandler decreased their target price on AstraZeneca from $179.00 to $175.00 and set an “overweight” rating on the stock in a report on Sunday, December 13th. Deutsche Bank Aktiengesellschaft started coverage on AstraZeneca in a report on Friday, January 15th. They set a “buy” rating on the stock. AlphaValue raised AstraZeneca to a “reduce” rating in a report on Wednesday, December 30th. Finally, Morgan Stanley raised AstraZeneca from an “equal weight” rating to an “overweight” rating in a report on Monday, December 7th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $83.80. Read more …

 

 


NIKE (NYSE:NKE) was upgraded by investment analysts at HSBC from a "hold" rating to a "buy" rating in a research report issued on Thursday, Briefing.com reports. The firm currently has a $158.00 price target on the footwear maker's stock, up from their previous price target of $125.00. HSBC's price objective points to a potential upside of 16.48% from the stock's previous close.

Other analysts also recently issued reports about the company. Smith Barney Citigroup upped their target price on NIKE from $137.00 to $157.00 in a research report on Monday, December 21st. Piper Sandler upped their price objective on NIKE from $153.00 to $168.00 and gave the stock an "overweight" rating in a research report on Monday, December 21st. Deutsche Bank Aktiengesellschaft upped their price objective on NIKE from $151.00 to $161.00 and gave the stock a "buy" rating in a research report on Monday, December 21st. The Goldman Sachs Group set a $164.00 price objective on NIKE and gave the stock a "buy" rating in a research report on Monday, January 4th. Finally, Morgan Stanley upped their price objective on NIKE from $165.00 to $176.00 and gave the stock an "overweight" rating in a research report on Monday, December 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and thirty have issued a buy rating to the stock. The company presently has a consensus rating of "Buy" and a consensus target price of $156.40. Read more …

 


Lowe’s Companies (NYSE:LOW) was upgraded by equities research analysts at Gordon Haskett from an “accumulate” rating to a “buy” rating in a research note issued to investors on Thursday, Briefing.com reports. The brokerage presently has a $202.00 price target on the home improvement retailer’s stock. Gordon Haskett’s target price points to a potential upside of 24.45% from the company’s current price.

Other research analysts also recently issued reports about the stock. FIG Partners raised shares of Lowe’s Companies from a “hold” rating to a “buy” rating and set a $195.00 price objective on the stock in a research report on Tuesday, December 8th. They noted that the move was a valuation call. Truist reiterated a “buy” rating and issued a $178.00 target price on shares of Lowe’s Companies in a research note on Friday, November 20th. Zacks Investment Research cut shares of Lowe’s Companies from a “buy” rating to a “hold” rating and set a $166.00 target price for the company. in a research note on Thursday, November 12th. Morgan Stanley raised their price objective on shares of Lowe’s Companies from $190.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, December 4th. Finally, Royal Bank of Canada lowered their price objective on shares of Lowe’s Companies from $186.00 to $180.00 and set an “outperform” rating on the stock in a research note on Thursday, November 19th. Four research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $173.06. Read more …

 

 

Downgrades:

 


Consolidated Edison (NYSE:ED) was downgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued on Monday, Briefing.com reports. They currently have a $65.00 price target on the utilities provider’s stock, down from their previous price target of $75.00. Credit Suisse Group’s price target would suggest a potential downside of 4.66% from the company’s previous close.

A number of other research firms also recently weighed in on ED. Evercore ISI downgraded Consolidated Edison from an “in-line” rating to an “underperform” rating in a research report on Thursday, January 21st. Royal Bank of Canada cut their target price on Consolidated Edison from $80.00 to $77.00 and set a “sector perform” rating for the company in a research report on Friday, January 22nd. Morgan Stanley dropped their price objective on Consolidated Edison from $69.00 to $67.00 and set an “underweight” rating for the company in a research report on Thursday, January 28th. Mizuho dropped their price objective on Consolidated Edison from $71.00 to $68.00 and set a “neutral” rating for the company in a research report on Friday, January 22nd. They noted that the move was a valuation call. Finally, Barclays upped their price objective on Consolidated Edison from $74.00 to $83.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 18th. Six analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $76.25. Read more …

 

 


Phillips 66 (NYSE:PSX) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Monday, Briefing.com reports. They currently have a $65.00 price target on the oil and gas company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 21.03% from the company’s current price.

Several other analysts have also recently commented on PSX. Morgan Stanley lifted their price target on Phillips 66 from $63.00 to $82.00 and gave the company an “overweight” rating in a report on Friday, December 11th. UBS Group started coverage on Phillips 66 in a report on Tuesday, January 26th. They set a “buy” rating and a $66.00 target price for the company. Tudor Pickering cut Phillips 66 from a “buy” rating to a “hold” rating in a report on Thursday, January 21st. Piper Sandler decreased their target price on Phillips 66 from $84.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, November 13th. Finally, Cowen decreased their target price on Phillips 66 from $83.00 to $80.00 and set an “outperform” rating for the company in a report on Monday, February 1st. Four investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Phillips 66 presently has an average rating of “Buy” and an average target price of $71.44. Read more …

 


Telephone and Data Systems (NYSE:TDS) was downgraded by equities research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Monday, Briefing.com reports. They presently have a $22.00 price target on the Wireless communications provider’s stock, down from their previous price target of $30.00. JPMorgan Chase & Co.‘s target price points to a potential upside of 12.65% from the company’s previous close.

A number of other equities research analysts have also recently commented on TDS. TheStreet upgraded shares of Telephone and Data Systems from a “c+” rating to a “b-” rating in a report on Friday, February 12th. Raymond James increased their price target on shares of Telephone and Data Systems from $32.00 to $34.00 and gave the company a “strong-buy” rating in a report on Monday, November 9th. B. Riley cut their price target on shares of Telephone and Data Systems from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. Zacks Investment Research cut shares of Telephone and Data Systems from a “strong-buy” rating to a “hold” rating and set a $21.00 price target on the stock. in a report on Monday, January 11th. Finally, Morgan Stanley cut their price target on shares of Telephone and Data Systems from $42.50 to $38.50 and set an “overweight” rating on the stock in a report on Thursday, January 14th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $28.08. Read more …

 


The Kroger (NYSE:KR) was downgraded by stock analysts at Bank of America from a "neutral" rating to an "underperform" rating in a research report issued on Tuesday, Briefing.com reports. They presently have a $28.00 target price on the stock, down from their previous target price of $40.00. Bank of America's price objective suggests a potential downside of 16.64% from the company's previous close.

KR has been the topic of a number of other research reports. Smith Barney Citigroup decreased their price target on shares of The Kroger from $36.00 to $33.00 and set a "neutral" rating on the stock in a research note on Friday, December 4th. Jefferies Financial Group began coverage on shares of The Kroger in a research note on Friday, November 20th. They issued a "hold" rating and a $33.00 price target on the stock. Credit Suisse Group decreased their price target on shares of The Kroger from $36.00 to $34.00 and set a "neutral" rating on the stock in a research note on Friday, December 4th. Wells Fargo & Company upped their price target on shares of The Kroger from $31.00 to $34.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 27th. Finally, Morgan Stanley lowered shares of The Kroger from an "equal weight" rating to an "underweight" rating and set a $28.00 price target on the stock. in a research note on Wednesday, January 20th. Five research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of "Hold" and an average target price of $34.00. Read more …

 

 


Dollar General (NYSE:DG) was downgraded by Bank of America from a "buy" rating to a "neutral" rating in a research note issued on Thursday, Briefing.com reports. They presently have a $215.00 price objective on the stock. Bank of America's target price would suggest a potential upside of 11.62% from the stock's current price.

A number of other research analysts also recently commented on the stock. Morgan Stanley upped their price objective on shares of Dollar General from $240.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, December 7th. JPMorgan Chase & Co. upped their price objective on shares of Dollar General from $250.00 to $252.00 and gave the company an "overweight" rating in a research note on Tuesday, February 16th. BMO Capital Markets upped their price objective on shares of Dollar General from $223.00 to $240.00 in a research note on Friday, December 4th. Zacks Investment Research upgraded Dollar General from a "hold" rating to a "buy" rating and set a $213.00 target price for the company in a report on Monday. Finally, Barclays boosted their target price on Dollar General from $220.00 to $245.00 and gave the stock an "overweight" rating in a report on Friday, December 4th. Three analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company's stock. The company currently has a consensus rating of "Buy" and an average price target of $228.17. Read more …

 


Pinnacle West Capital (NYSE:PNW) was downgraded by investment analysts at Credit Suisse Group from an “outperform” rating to a “neutral” rating in a research report issued on Thursday, Briefing.com reports. They currently have a $81.00 target price on the utilities provider’s stock, down from their prior target price of $86.00. Credit Suisse Group’s price target would suggest a potential upside of 10.87% from the stock’s current price.

A number of other analysts have also weighed in on PNW. Barclays upped their price objective on Pinnacle West Capital from $89.00 to $103.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 18th. Zacks Investment Research downgraded shares of Pinnacle West Capital from a “buy” rating to a “hold” rating and set a $85.00 target price for the company. in a research note on Friday, December 11th. Finally, Morgan Stanley lowered their target price on shares of Pinnacle West Capital from $79.00 to $78.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 20th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. Pinnacle West Capital currently has a consensus rating of “Hold” and a consensus price target of $86.22. Read more …

 


Verizon Communications (NYSE:VZ) was downgraded by stock analysts at Oppenheimer from an “outperform” rating to a “market perform” rating in a research report issued on Thursday, The Fly reports. The analysts noted that the move was a valuation call.

A number of other analysts have also weighed in on VZ. Wells Fargo & Company began coverage on shares of Verizon Communications in a report on Monday, November 16th. They issued an “equal weight” rating and a $60.00 price target for the company. JPMorgan Chase & Co. raised shares of Verizon Communications from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $61.00 to $65.00 in a report on Thursday, November 5th. Tigress Financial reaffirmed a “hold” rating on shares of Verizon Communications in a report on Sunday, November 1st. Credit Suisse Group lowered their target price on shares of Verizon Communications from $61.00 to $59.00 and set a “neutral” rating for the company in a report on Tuesday, January 19th. Finally, Moffett Nathanson raised shares of Verizon Communications from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $59.00 to $66.00 in a report on Wednesday, December 2nd. Thirteen investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $61.84. Read more …

 

 


AT&T (NYSE:T) was downgraded by equities researchers at Oppenheimer from an "outperform" rating to a "market perform" rating in a report released on Thursday, The Fly reports.

Other research analysts have also issued research reports about the stock. Raymond James upgraded shares of AT&T from a "market perform" rating to an "outperform" rating and set a $32.00 price target for the company in a report on Monday, January 4th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of AT&T from $36.00 to $31.00 in a report on Monday, February 8th. Credit Suisse Group lowered their price target on shares of AT&T from $31.00 to $30.00 and set a "neutral" rating for the company in a report on Tuesday, January 19th. Zacks Investment Research upgraded shares of AT&T from a "sell" rating to a "hold" rating and set a $33.00 price target for the company in a report on Thursday, December 10th. Finally, CIBC restated a "buy" rating on shares of AT&T in a report on Wednesday, February 10th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the stock. The company currently has an average rating of "Hold" and a consensus target price of $32.12. Read more …

 


ViacomCBS (NASDAQ:VIAC) was downgraded by equities research analysts at Barrington Research from an “outperform” rating to a “market perform” rating in a research note issued on Thursday, Zacks.com reports.

Other equities analysts have also issued reports about the company. Morgan Stanley boosted their price target on ViacomCBS from $35.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Thursday. Wolfe Research lowered ViacomCBS from an “outperform” rating to a “peer perform” rating in a research report on Thursday, February 4th. Rosenblatt Securities upped their target price on ViacomCBS from $28.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, November 16th. Bank of America lowered ViacomCBS from a “neutral” rating to an “underperform” rating and upped their target price for the company from $30.00 to $32.00 in a research report on Friday, December 18th. Finally, Needham & Company LLC upped their target price on ViacomCBS from $55.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday. Eight analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. ViacomCBS currently has an average rating of “Hold” and a consensus price target of $41.09. Read more …

 

Comments