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

 


Upgrades:

 


Kansas City Southern (NYSE:KSU) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Monday, Briefing.com reports. The firm presently has a $275.00 price objective on the transportation company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 22.68% from the company’s previous close.

A number of other brokerages have also weighed in on KSU. Morgan Stanley raised their price objective on Kansas City Southern from $142.00 to $200.00 and gave the company a “positive” rating in a research note on Monday, January 25th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised their price target on shares of Kansas City Southern from $220.00 to $250.00 in a research report on Monday, January 11th. Smith Barney Citigroup upped their price target on shares of Kansas City Southern from $220.00 to $250.00 in a report on Monday, January 11th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Kansas City Southern from $197.00 to $212.00 and gave the company a “hold” rating in a research note on Thursday, January 28th. Finally, BMO Capital Markets boosted their target price on shares of Kansas City Southern from $215.00 to $240.00 and gave the stock an “outperform” rating in a research report on Monday, January 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $208.10. Read more …

 


Dollar General (NYSE:DG) was upgraded by research analysts at Atlantic Securities from a “neutral” rating to an “overweight” rating in a research note issued on Monday, Benzinga reports. The brokerage presently has a $243.00 price target on the stock. Atlantic Securities’ price target would suggest a potential upside of 29.41% from the stock’s previous close.

A number of other equities research analysts have also commented on DG. Deutsche Bank Aktiengesellschaft upgraded Dollar General from a “hold” rating to a “buy” rating and increased their price target for the stock from $214.00 to $241.00 in a research report on Tuesday, February 9th. Smith Barney Citigroup increased their price target on Dollar General from $235.00 to $250.00 in a research report on Friday, December 4th. KeyCorp decreased their price target on Dollar General from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Friday. Royal Bank of Canada decreased their price objective on Dollar General from $239.00 to $206.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Morgan Stanley increased their price objective on Dollar General from $240.00 to $245.00 and gave the company an “overweight” rating in a research report on Monday, December 7th. Three research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company. Dollar General presently has a consensus rating of “Buy” and a consensus price target of $228.16. Read more …

 


PepsiCo (NASDAQ:PEP) was upgraded by Barclays from an “equal weight” rating to an “overweight” rating in a note issued to investors on Monday, Briefing.com reports. The firm presently has a $151.00 price objective on the stock. Barclays‘s price objective would suggest a potential upside of 12.27% from the stock’s current price.

PEP has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of PepsiCo from $143.00 to $148.00 and gave the stock a “hold” rating in a report on Wednesday, February 3rd. Wells Fargo & Company assumed coverage on shares of PepsiCo in a report on Monday, December 7th. They set an “equal weight” rating and a $157.00 price objective on the stock. Sanford C. Bernstein assumed coverage on shares of PepsiCo in a report on Tuesday, January 19th. They set an “underperform” rating and a $136.00 price objective for the company. Zacks Investment Research upgraded PepsiCo from a “hold” rating to a “buy” rating and set a $142.00 target price on the stock in a report on Friday, February 12th. Finally, Royal Bank of Canada cut shares of PepsiCo from an “outperform” rating to a “sector perform” rating and set a $153.00 price target on the stock. in a report on Monday, January 4th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $146.53. Read more …

 

 


Texas Instruments (NASDAQ:TXN) was upgraded by equities researchers at Longbow Research from a "neutral" rating to a "buy" rating in a research note issued to investors on Tuesday, Briefing.com reports.

TXN has been the topic of a number of other research reports. Summit Insights upgraded Texas Instruments from a "hold" rating to a "buy" rating in a research report on Wednesday, January 27th. Jefferies Financial Group lifted their price target on Texas Instruments from $185.00 to $206.00 and gave the stock a "buy" rating in a research report on Wednesday, January 27th. Barclays boosted their price objective on Texas Instruments from $140.00 to $155.00 and gave the company an "underweight" rating in a research note on Tuesday, January 26th. They noted that the move was a valuation call. Royal Bank of Canada raised their target price on shares of Texas Instruments from $155.00 to $180.00 and gave the stock a "sector perform" rating in a research report on Wednesday, January 27th. Finally, Rosenblatt Securities upped their price target on shares of Texas Instruments from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, January 27th. Four investment 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. The stock presently has an average rating of "Hold" and a consensus target price of $167.78. Read more …

 


The Bank of New York Mellon (NYSE:BK) was upgraded by Bank of America from an “underperform” rating to a “buy” rating in a research report issued on Wednesday, Briefing.com reports.

BK has been the subject of several other reports. Deutsche Bank Aktiengesellschaft lifted their price objective on The Bank of New York Mellon from $46.00 to $51.00 and gave the stock a “buy” rating in a report on Friday, December 18th. Smith Barney Citigroup upgraded The Bank of New York Mellon from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $44.00 to $57.00 in a report on Monday, January 11th. Barclays lifted their price objective on The Bank of New York Mellon from $54.00 to $59.00 and gave the stock an “overweight” rating in a report on Monday, January 4th. 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 lifted their price objective for the stock from $44.00 to $57.00 in a report on Monday, January 11th. Finally, Piper Sandler lifted their price objective on The Bank of New York Mellon from $40.00 to $47.00 and gave the stock a “neutral” rating in a report on Monday, January 11th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $47.03. Read more …

 


Cisco Systems (NASDAQ:CSCO) was upgraded by The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued on Thursday, Analyst Ratings Network reports. The brokerage currently has a $59.00 price target on the network equipment provider’s stock, up from their previous price target of $50.00. The Goldman Sachs Group’s target price indicates a potential upside of 16.58% from the stock’s previous close.

A number of other analysts also recently commented on CSCO. DZ Bank upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Thursday, February 11th. Raymond James boosted their price target on shares of Cisco Systems from $49.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 10th. Oppenheimer restated a “buy” rating and set a $50.00 price target on shares of Cisco Systems in a research report on Tuesday, February 9th. Credit Suisse Group boosted their price target on shares of Cisco Systems from $41.00 to $46.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 10th. Finally, Citigroup boosted their price target on shares of Cisco Systems from $45.00 to $50.00 in a research report on Wednesday, February 10th. Thirteen research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $49.48. Read more …

 

 


Intel (NASDAQ:INTC) was upgraded by DZ Bank from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, Briefing.com reports. The brokerage currently has a $76.00 price target on the chip maker’s stock. DZ Bank’s price target suggests a potential upside of 22.50% from the company’s previous close.

Several other equities analysts also recently weighed in on the company. Rosenblatt Securities reaffirmed a “sell” rating and issued a $40.00 price objective on shares of Intel in a research note on Tuesday, January 19th. Oppenheimer reaffirmed a “hold” rating on shares of Intel in a research note on Friday, January 22nd. Mizuho raised their price target on Intel from $70.00 to $72.00 in a research report on Wednesday. The Goldman Sachs Group raised their price target on Intel from $38.00 to $42.00 and gave the stock a “sell” rating in a research report on Monday, December 14th. Finally, Jefferies Financial Group raised their price objective on Intel from $57.00 to $59.00 and gave the stock a “hold” rating in a report on Wednesday. Eleven research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and sixteen have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $63.71. Read more …



Altria Group (NYSE:MO) was upgraded by analysts at Jefferies Financial Group from a "hold" rating to a "buy" rating in a research note issued on Friday, Briefing.com reports. The firm presently has a $58.00 price objective on the stock, up from their prior price objective of $40.00. Jefferies Financial Group's price objective points to a potential upside of 15.56% from the stock's current price.

Other equities research analysts have also issued reports about the stock. Sanford C. Bernstein began coverage on shares of Altria Group in a report on Tuesday, January 19th. They set an "outperform" rating and a $53.00 price objective for the company. Deutsche Bank Aktiengesellschaft raised their target price on shares of Altria Group from $52.00 to $54.00 and gave the company a "buy" rating in a research note on Friday, March 19th. Piper Sandler increased their price objective on shares of Altria Group from $47.00 to $57.00 and gave the company an "overweight" rating in a report on Friday, December 11th. Royal Bank of Canada reiterated a "buy" rating on shares of Altria Group in a research report on Sunday, January 31st. Finally, UBS Group cut Altria Group from a "buy" rating to a "neutral" rating and set a $46.00 price target for the company. in a report on Tuesday, March 16th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of "Buy" and an average target price of $49.67. Read more …

 


Main Street Capital (NYSE:MAIN) was upgraded by stock analysts at Raymond James from a “market perform” rating to an “outperform” rating in a research note issued on Friday, Briefing.com reports. The brokerage presently has a $41.00 target price on the financial services provider’s stock. Raymond James’ price objective suggests a potential upside of 5.89% from the company’s current price.

A number of other brokerages also recently weighed in on MAIN. Royal Bank of Canada boosted their price target on Main Street Capital from $34.00 to $40.00 and gave the company an “outperform” rating in a report on Thursday, March 4th. Zacks Investment Research raised shares of Main Street Capital from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Wednesday, March 3rd. Finally, Truist raised their price target on Main Street Capital from $32.00 to $37.00 in a report on Friday, March 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Main Street Capital has an average rating of “Buy” and an average target price of $34.86. Read more …

 


NIKE (NYSE:NKE) was upgraded by investment analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a research note issued on Friday, The Fly reports.

A number of other research analysts also recently issued reports on NKE. Telsey Advisory Group boosted their price target on NIKE from $155.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, December 21st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price target on NIKE from $137.00 to $157.00 in a report on Monday, December 21st. Williams Financial Group initiated coverage on NIKE in a report on Friday, January 22nd. They set a “buy” rating and a $175.00 price target on the stock. Wedbush boosted their price target on NIKE from $142.00 to $152.00 and gave the company an “outperform” rating in a report on Friday, December 11th. Finally, The Goldman Sachs Group set a $164.00 price target on NIKE and gave the company a “buy” rating in a report on Monday, January 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and thirty-one have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $159.77. Read more …

 

 

 

Downgrades:

 


B&G Foods (NYSE:BGS) was downgraded by research analysts at Piper Sandler from an "overweight" rating to a "neutral" rating in a research report issued on Monday, Briefing.com reports. They currently have a $31.00 price objective on the stock. Piper Sandler's price target indicates a potential downside of 6.23% from the company's current price.

A number of other research analysts also recently issued reports on BGS. Credit Suisse Group downgraded B&G Foods from a "neutral" rating to an "underperform" rating and dropped their price objective for the company from $28.00 to $25.00 in a research note on Tuesday, January 5th. Stephens assumed coverage on B&G Foods in a research note on Tuesday, January 19th. They issued an "equal weight" rating and a $27.00 price objective on the stock. Zacks Investment Research downgraded B&G Foods from a "strong-buy" rating to a "hold" rating and set a $39.00 price target on the stock. in a research note on Tuesday, February 2nd. Finally, Royal Bank of Canada dropped their price target on B&G Foods from $32.00 to $29.00 in a research note on Wednesday, March 3rd. One equities research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company. The company currently has a consensus rating of "Hold" and an average target price of $29.00. Read more …

 


Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) was downgraded by Credit Suisse Group from an “outperform” rating to a “neutral” rating in a note issued to investors on Monday, Briefing.com reports.

A number of other equities analysts have also recently commented on the company. Wells Fargo & Company upgraded Canadian Natural Resources from an “underweight” rating to an “equal weight” rating in a report on Tuesday, December 15th. National Bank Financial reissued an “outperform” rating on shares of Canadian Natural Resources in a research note on Wednesday, January 6th. Barclays upped their target price on shares of Canadian Natural Resources from $41.00 to $42.00 and gave the stock an “overweight” rating in a research note on Friday, January 29th. CIBC raised their price target on shares of Canadian Natural Resources from $42.00 to $46.00 and gave the company an “outperform” rating in a research report on Wednesday, March 10th. Finally, Scotiabank boosted their price target on shares of Canadian Natural Resources from $33.00 to $42.00 and gave the stock an “outperform” rating in a research note on Thursday, January 14th. Four investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Canadian Natural Resources currently has a consensus rating of “Buy” and a consensus target price of $40.37. Read more …

 


GlaxoSmithKline (NYSE:GSK) was downgraded by investment analysts at SVB Leerink from an “outperform” rating to a “market perform” rating in a research note issued to investors on Tuesday, The Fly reports.

A number of other equities research analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of GlaxoSmithKline from a “hold” rating to a “sell” rating in a research note on Wednesday, February 3rd. Barclays reissued an “underweight” rating on shares of GlaxoSmithKline in a research note on Friday, February 5th. Morgan Stanley reaffirmed an “equal weight” rating on shares of GlaxoSmithKline in a research note on Friday, February 12th. UBS Group reaffirmed a “neutral” rating on shares of GlaxoSmithKline in a research note on Monday, February 8th. Finally, Credit Suisse Group lowered shares of GlaxoSmithKline from a “neutral” rating to an “underperform” rating in a research note on Wednesday, January 20th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $41.00. Read more …

 

 


Freeport-McMoRan (NYSE:FCX) was downgraded by equities researchers at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a report issued on Wednesday, Briefing.com reports.

Several other equities research analysts have also issued reports on FCX. Citigroup raised Freeport-McMoRan from a "neutral" rating to a "buy" rating and set a $36.00 target price for the company in a research report on Tuesday, February 16th. Raymond James reissued a "market perform" rating and issued a $36.00 price objective on shares of Freeport-McMoRan in a report on Monday. Johnson Rice began coverage on Freeport-McMoRan in a report on Wednesday, December 16th. They issued a "buy" rating for the company. B. Riley lifted their price objective on Freeport-McMoRan from $32.00 to $42.00 and gave the stock a "buy" rating in a report on Tuesday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Freeport-McMoRan from $20.00 to $33.00 and gave the stock a "buy" rating in a report on Wednesday, January 13th. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. The company presently has a consensus rating of "Buy" and an average target price of $23.35. Read more …

 


ViacomCBS (NASDAQ:VIAC) was downgraded by equities research analysts at Wells Fargo & Company from an "equal weight" rating to an "underweight" rating in a note issued to investors on Friday, The Fly reports. They currently have a $59.00 target price on the stock, down from their prior target price of $82.00. Wells Fargo & Company's target price suggests a potential downside of 11.08% from the company's current price.

VIAC has been the subject of several other reports. Barrington Research downgraded shares of ViacomCBS from an "outperform" rating to a "market perform" rating in a research report on Thursday, February 25th. Deutsche Bank Aktiengesellschaft downgraded shares of ViacomCBS from a "hold" rating to a "sell" rating in a research report on Thursday, February 4th. They noted that the move was a valuation call. Cowen upped their price objective on shares of ViacomCBS from $39.00 to $46.00 and gave the stock a "market perform" rating in a report on Monday, March 1st. Moffett Nathanson downgraded shares of ViacomCBS from a "neutral" rating to a "sell" rating and decreased their price objective for the stock from $77.00 to $55.00 in a report on Thursday. Finally, Loop Capital downgraded shares of ViacomCBS from a "hold" rating to a "sell" rating and upped their price objective for the stock from $28.00 to $43.00 in a report on Thursday, February 25th. Eleven equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of "Hold" and an average target price of $46.26. Read more …

 

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