Notable Analyst Upgrades and Downgrades for Week of May 17, 2021



 

Upgrades:

 


Cummins (NYSE:CMI) was upgraded by analysts at Bank of America from a “neutral” rating to a “buy” rating in a report issued on Monday, The Fly reports.

CMI has been the subject of several other reports. Jefferies Financial Group raised shares of Cummins from a “hold” rating to a “buy” rating and raised their target price for the company from $250.00 to $325.00 in a research note on Wednesday, March 10th. Robert W. Baird reaffirmed a “hold” rating on shares of Cummins in a report on Thursday, May 6th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell increased their price target on Cummins from $265.00 to $315.00 in a research note on Tuesday, March 16th. Vertical Research assumed coverage on Cummins in a report on Wednesday, January 20th. They set a “hold” rating for the company. Finally, Credit Suisse Group upped their price objective on Cummins from $285.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, May 5th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. Cummins has an average rating of “Hold” and a consensus target price of $256.25. Read more …

 


Visa (NYSE:V) was upgraded by research analysts at Daiwa Capital Markets from a “neutral” rating to an “outperform” rating in a report released on Tuesday, The Fly reports. The firm presently has a $259.00 price target on the credit-card processor’s stock. Daiwa Capital Markets’ price target suggests a potential upside of 14.38% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Morgan Stanley lifted their price objective on Visa from $258.00 to $279.00 and gave the stock an “overweight” rating in a report on Monday, May 3rd. Jefferies Financial Group lifted their price objective on Visa from $260.00 to $275.00 and gave the stock a “buy” rating in a report on Tuesday, May 4th. Oppenheimer lifted their price objective on Visa from $245.00 to $260.00 in a report on Wednesday, April 28th. Robert W. Baird restated a “buy” rating and set a $256.00 price objective on shares of Visa in a report on Sunday, April 11th. Finally, Sanford C. Bernstein began coverage on Visa in a report on Tuesday, January 26th. They set an “outperform” rating and a $232.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $248.29. Read more …

 


Mastercard (NYSE:MA) was upgraded by equities researchers at Daiwa Capital Markets from a "neutral" rating to an "outperform" rating in a research note issued on Tuesday, Briefing.com reports. The firm presently has a $402.00 price target on the credit services provider's stock. Daiwa Capital Markets' target price would suggest a potential upside of 10.65% from the stock's previous close.

Other equities research analysts also recently issued reports about the stock. Macquarie lifted their price objective on shares of Mastercard from $385.00 to $425.00 and gave the stock an "outperform" rating in a research note on Friday, April 30th. Sanford C. Bernstein began coverage on shares of Mastercard in a research note on Wednesday, January 27th. They set an "outperform" rating and a $380.00 price objective for the company. Jefferies Financial Group raised their target price on shares of Mastercard from $440.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, May 6th. Truist raised their target price on shares of Mastercard from $415.00 to $450.00 in a report on Friday, March 5th. Finally, Raymond James raised their target price on shares of Mastercard from $345.00 to $371.00 and gave the stock an "outperform" rating in a report on Friday, January 29th. Two analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company's stock. Mastercard currently has a consensus rating of "Buy" and an average target price of $388.65. Read more …

 

 


UBS Group (NYSE:UBS) was upgraded by Deutsche Bank Aktiengesellschaft to a "buy" rating in a report released on Wednesday, AnalystRatings.com reports.

Several other equities research analysts have also weighed in on the company. Kepler Capital Markets reissued a "buy" rating on shares of UBS Group in a report on Friday, February 19th. Berenberg Bank reissued a "buy" rating on shares of UBS Group in a report on Thursday, April 29th. Morgan Stanley reissued an "equal weight" rating on shares of UBS Group in a report on Monday, April 12th. Barclays reissued an "underweight" rating on shares of UBS Group in a report on Wednesday, April 21st. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of UBS Group in a report on Wednesday, April 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. UBS Group presently has an average rating of "Hold" and a consensus target price of $16.00.

NYSE UBS opened at $15.53 on Wednesday. The business's fifty day moving average is $15.65 and its 200-day moving average is $14.97. UBS Group has a one year low of $9.75 and a one year high of $16.31. The stock has a market capitalization of $56.84 billion, a price-to-earnings ratio of 10.28, a PEG ratio of 1.43 and a beta of 1.26. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.00 and a quick ratio of 1.00. Read more …

 


Ross Stores (NASDAQ:ROST) was upgraded by Northcoast Research from a "neutral" rating to a "buy" rating in a research note issued on Wednesday, Briefing.com reports. The firm currently has a $147.00 price target on the apparel retailer's stock. Northcoast Research's price target suggests a potential upside of 17.78% from the company's current price.

ROST has been the topic of several other reports. Wedbush restated a "neutral" rating on shares of Ross Stores in a research report on Tuesday. UBS Group lifted their price target on Ross Stores from $120.00 to $130.00 and gave the stock a "neutral" rating in a report on Tuesday. Loop Capital lifted their price target on Ross Stores from $130.00 to $145.00 and gave the stock a "buy" rating in a report on Wednesday, April 21st. Royal Bank of Canada started coverage on shares of Ross Stores in a research report on Friday, April 23rd. They set an "outperform" rating and a $130.00 price objective for the company. Finally, OTR Global upgraded shares of Ross Stores from a "mixed" rating to a "positive" rating in a report on Monday, May 10th. Four investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Ross Stores currently has an average rating of "Buy" and a consensus price target of $122.30.

Shares of ROST opened at $124.81 on Wednesday. The firm has a market capitalization of $44.51 billion, a price-to-earnings ratio of 148.59, a PEG ratio of 8.16 and a beta of 0.95. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.24 and a current ratio of 1.65. The business's fifty day moving average price is $127.56 and its two-hundred day moving average price is $118.11. Ross Stores has a 52 week low of $79.65 and a 52 week high of $134.21. Read more …

 


Tyson Foods (NYSE:TSN) was upgraded by equities research analysts at Argus from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. The firm currently has a $92.00 target price on the stock. Argus’ price objective points to a potential upside of 15.20% from the stock’s previous close.

A number of other brokerages have also recently weighed in on TSN. Barclays lifted their target price on Tyson Foods from $83.00 to $89.00 and gave the company an “overweight” rating in a report on Thursday, May 13th. Piper Sandler lifted their target price on Tyson Foods from $77.00 to $79.00 and gave the company a “neutral” rating in a report on Monday. Stephens lifted their target price on Tyson Foods from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, April 15th. BMO Capital Markets lifted their target price on Tyson Foods from $78.00 to $84.00 and gave the company an “outperform” rating in a report on Monday. Finally, Credit Suisse Group lifted their target price on Tyson Foods from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Monday. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $82.75. Read more …

 

 


Federal Realty Investment Trust (NYSE:FRT) was upgraded by stock analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report released on Thursday, Briefing.com reports. The firm presently has a $115.00 price target on the real estate investment trust’s stock, up from their previous price target of $113.00. JPMorgan Chase & Co.‘s price objective points to a potential upside of 2.46% from the company’s previous close.

Several other brokerages also recently issued reports on FRT. Truist Securities increased their price objective on Federal Realty Investment Trust from $88.00 to $96.00 and gave the stock a “hold” rating in a research note on Monday, March 29th. Capital One Financial downgraded Federal Realty Investment Trust from an “overweight” rating to an “equal weight” rating in a research note on Friday, February 12th. Mizuho raised their price target on Federal Realty Investment Trust from $87.00 to $102.00 and gave the stock a “neutral” rating in a research note on Monday, March 1st. Scotiabank downgraded Federal Realty Investment Trust from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from $95.00 to $91.00 in a research note on Thursday, January 28th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Federal Realty Investment Trust from $99.00 to $113.00 and gave the stock a “buy” rating in a research note on Wednesday, April 21st. Thirteen investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $94.53. Read more …

 


ViacomCBS (NASDAQ:VIAC) was upgraded by research analysts at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday, Briefing.com reports. The firm currently has a $53.00 price objective on the stock, up from their previous price objective of $38.00. Bank of America‘s price objective points to a potential upside of 33.53% from the stock’s current price.

Several other equities research analysts have also commented on the stock. Needham & Company LLC boosted their target price on shares of ViacomCBS from $55.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, March 3rd. UBS Group lowered shares of ViacomCBS from a “neutral” rating to a “sell” rating and set a $29.00 target price on the stock. in a research report on Monday, February 8th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded shares of ViacomCBS from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $92.00 to $56.00 in a research report on Tuesday, May 4th. Loop Capital raised ViacomCBS from a “sell” rating to a “hold” rating and set a $48.00 price target for the company in a research note on Monday, March 29th. Finally, Cowen lifted their price target on ViacomCBS from $39.00 to $46.00 and gave the stock a “market perform” rating in a research note on Monday, March 1st. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $48.60. Read more …

 


AT&T (NYSE:T) was upgraded by research analysts at UBS Group from a “neutral” rating to a “buy” rating in a report issued on Friday, The Fly reports.

T has been the topic of a number of other reports. Raymond James raised their target price on shares of AT&T from $32.00 to $33.00 and gave the stock an “outperform” rating in a research report on Thursday, April 29th. Deutsche Bank Aktiengesellschaft raised their target price on shares of AT&T from $31.00 to $34.00 in a research report on Wednesday, April 28th. CIBC reaffirmed a “buy” rating on shares of AT&T in a report on Wednesday, February 10th. Oppenheimer reaffirmed a “hold” rating on shares of AT&T in a report on Monday, April 26th. Finally, Barclays increased their price target on AT&T from $31.00 to $34.00 and gave the stock an “equal weight” rating in a report on Friday, April 23rd. Three 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 stock presently has a consensus rating of “Hold” and a consensus price target of $31.43. Read more …

 

 

 

Downgrades:

 


Canadian Pacific Railway (TSE:CP) (NYSE:CP) was downgraded by research analysts at National Bank Financial from an “outperform market weight” rating to a “sector perform market weight” rating in a research report issued to clients and investors on Monday. National Bank Financial also issued estimates for Canadian Pacific Railway’s Q3 2021 earnings at $1.03 EPS and FY2021 earnings at $3.99 EPS.

Several other analysts have also recently weighed in on CP. Scotiabank reduced their price target on Canadian Pacific Railway from C$480.00 to C$96.00 in a report on Monday. JPMorgan Chase & Co. lifted their price objective on Canadian Pacific Railway from C$495.00 to C$517.00 and gave the stock a “na” rating in a research note on Thursday, April 8th. CIBC reaffirmed an “outperform” rating and issued a C$560.00 price objective on shares of Canadian Pacific Railway in a research note on Thursday, April 22nd. National Bankshares lowered Canadian Pacific Railway from an “outperform” rating to a “sector perform” rating and set a C$102.00 price target on the stock. in a research note on Tuesday. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a C$587.00 price target on shares of Canadian Pacific Railway in a research note on Tuesday, April 20th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of C$356.08. Read more …

 


Wells Fargo & Company (NYSE:WFC) was downgraded by stock analysts at UBS Group from a "buy" rating to a "neutral" rating in a note issued to investors on Wednesday, Briefing.com reports. They presently have a $47.00 price target on the financial services provider's stock, up from their prior price target of $40.00. UBS Group's price target indicates a potential upside of 0.30% from the company's previous close.

Other equities analysts have also recently issued research reports about the stock. Robert W. Baird lifted their target price on shares of Wells Fargo & Company from $41.00 to $46.00 and gave the stock an "outperform" rating in a research report on Thursday, April 15th. Oppenheimer restated a "hold" rating on shares of Wells Fargo & Company in a research report on Tuesday, January 19th. JPMorgan Chase & Co. boosted their price objective on shares of Wells Fargo & Company from $41.50 to $47.00 and gave the company a "neutral" rating in a research report on Monday, May 3rd. Barclays boosted their price objective on shares of Wells Fargo & Company from $42.00 to $46.00 and gave the company an "equal weight" rating in a research report on Thursday, April 15th. Finally, Zacks Investment Research upgraded shares of Wells Fargo & Company from a "hold" rating to a "strong-buy" rating and set a $49.00 price target on the stock in a research report on Friday, April 16th. Ten investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of "Buy" and a consensus price target of $42.26. Read more …

 


Merck & Co., Inc. (NYSE:MRK)'s stock had its "hold" rating reiterated by research analysts at Argus in a report issued on Thursday, Price Targets.com reports.

Other equities analysts have also issued research reports about the company. Cantor Fitzgerald restated an "overweight" rating on shares of Merck & Co., Inc. in a research note on Friday, February 5th. SVB Leerink cut their target price on shares of Merck & Co., Inc. from $103.00 to $102.00 and set an "outperform" rating on the stock in a research report on Thursday, May 6th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. The stock has a consensus rating of "Buy" and a consensus price target of $97.50.

Shares of MRK opened at $79.36 on Thursday. The firm has a market capitalization of $200.94 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.89 and a beta of 0.43. The company has a 50-day moving average of $77.18 and a 200 day moving average of $78.35. Merck & Co., Inc. has a 1-year low of $71.71 and a 1-year high of $87.80. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.30 and a quick ratio of 1.00. Read more …

 

 


Cisco Systems (NASDAQ:CSCO) was downgraded by stock analysts at DZ Bank from a "buy" rating to a "hold" rating in a research note issued to investors on Friday, Briefing.com reports. They currently have a $51.00 price objective on the network equipment provider's stock. DZ Bank's price target points to a potential downside of 3.50% from the stock's previous close.

Other equities research analysts have also issued reports about the company. The Goldman Sachs Group raised Cisco Systems from a "neutral" rating to a "buy" rating and upped their price target for the company from $50.00 to $59.00 in a research report on Wednesday, March 31st. KeyCorp reissued a "sector weight" rating on shares of Cisco Systems in a research report on Thursday, April 29th. Citigroup upped their price target on Cisco Systems from $45.00 to $50.00 in a research report on Wednesday, February 10th. Piper Sandler upped their price target on Cisco Systems from $45.00 to $47.00 and gave the company a "neutral" rating in a research report on Wednesday, February 10th. Finally, Credit Suisse Group upped their price target on Cisco Systems from $41.00 to $46.00 and gave the company a "neutral" rating in a research report on Wednesday, February 10th. Eleven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of "Hold" and a consensus price target of $51.85.

Shares of CSCO opened at $52.85 on Friday. The business's 50 day moving average is $52.07 and its two-hundred day moving average is $46.81. Cisco Systems has a 52-week low of $35.28 and a 52-week high of $54.14. The firm has a market cap of $223.12 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 2.54 and a beta of 0.95. The company has a quick ratio of 1.54, a current ratio of 1.59 and a debt-to-equity ratio of 0.25. Read more …

 

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