Notable Analyst Upgrades and Downgrades for Week of May 24, 2021

 



Upgrades:

 


Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by investment analysts at CIBC from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, The Fly reports.

A number of other brokerages have also weighed in on CNI. Vertical Research upgraded Canadian National Railway from a “hold” rating to a “buy” rating in a research note on Monday. Wells Fargo & Company increased their price objective on Canadian National Railway from $113.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 27th. BMO Capital Markets dropped their target price on Canadian National Railway from $152.00 to $150.00 and set an “outperform” rating for the company in a report on Monday, March 22nd. Desjardins decreased their price target on shares of Canadian National Railway from $150.00 to $146.00 and set a “hold” rating on the stock in a research note on Thursday, January 28th. Finally, National Bank Financial reiterated a “sector perform” rating on shares of Canadian National Railway in a research note on Wednesday, April 21st. Eleven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Canadian National Railway has a consensus rating of “Hold” and a consensus target price of $128.94. Read more …

 


ONEOK (NYSE:OKE) was upgraded by stock analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a report issued on Wednesday, The Fly reports. The brokerage currently has a $55.00 price objective on the utilities provider's stock. Morgan Stanley's target price indicates a potential upside of 4.44% from the company's current price.

Other analysts have also recently issued reports about the stock. Royal Bank of Canada raised their price target on shares of ONEOK from $49.00 to $54.00 and gave the stock a "sector perform" rating in a report on Tuesday, May 4th. TheStreet raised ONEOK from a "c+" rating to a "b-" rating in a research note on Wednesday, April 28th. Credit Suisse Group lifted their target price on shares of ONEOK from $49.00 to $53.00 and gave the company a "neutral" rating in a research note on Monday, May 17th. Mizuho increased their price target on shares of ONEOK from $44.00 to $49.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 7th. They noted that the move was a valuation call. Finally, Raymond James lifted their price objective on shares of ONEOK from $47.00 to $54.00 and gave the company an "outperform" rating in a research note on Wednesday, April 21st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of "Hold" and an average price target of $42.76. Read more …

 


Johnson Controls International (NYSE:JCI) was upgraded by analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Wednesday, The Fly reports. The brokerage currently has a $75.00 price target on the stock, up from their prior price target of $67.00. Barclays‘s target price would indicate a potential upside of 15.49% from the stock’s current price.

A number of other equities analysts also recently commented on JCI. Morgan Stanley lifted their target price on shares of Johnson Controls International from $73.00 to $80.00 and gave the stock an “overweight” rating in a research note on Monday, May 10th. UBS Group raised shares of Johnson Controls International to a “buy” rating and lifted their target price for the stock from $57.00 to $70.00 in a research note on Thursday, April 22nd. Robert W. Baird lifted their target price on shares of Johnson Controls International from $56.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Johnson Controls International from $62.00 to $68.00 and gave the company a “hold” rating in a research report on Monday, May 3rd. Finally, Credit Suisse Group lifted their price target on shares of Johnson Controls International from $64.00 to $66.00 and gave the company an “outperform” rating in a research report on Monday, May 10th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Johnson Controls International presently has a consensus rating of “Buy” and a consensus target price of $55.78. Read more …

 

 


NVIDIA (NASDAQ:NVDA) was upgraded by Craig Hallum from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage presently has a $750.00 price objective on the computer hardware maker’s stock, up from their previous price objective of $550.00. Craig Hallum’s price objective would suggest a potential upside of 21.08% from the company’s current price.

A number of other research firms have also recently commented on NVDA. Deutsche Bank Aktiengesellschaft increased their price target on shares of NVIDIA from $575.00 to $600.00 and gave the company a “hold” rating in a report on Thursday. Wedbush increased their price target on shares of NVIDIA from $600.00 to $640.00 and gave the company an “outperform” rating in a report on Thursday, February 25th. Truist increased their price target on shares of NVIDIA from $672.00 to $700.00 in a report on Thursday, February 25th. Susquehanna Bancshares increased their price target on shares of NVIDIA from $625.00 to $700.00 and gave the company a “positive” rating in a report on Monday, February 22nd. Finally, KeyCorp assumed coverage on shares of NVIDIA in a report on Thursday, May 20th. They set a “sector weight” rating and a $700.00 price target on the stock. Three research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company. NVIDIA currently has an average rating of “Buy” and an average target price of $672.11. Read more …

 


UBS Group (NYSE:UBS) was upgraded by research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research report issued on Thursday, Briefing.com reports.

UBS has been the topic of several other research reports. Kepler Capital Markets restated a “buy” rating on shares of UBS Group in a research note on Friday, February 19th. Berenberg Bank reiterated a “buy” rating on shares of UBS Group in a research note on Thursday, April 29th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of UBS Group in a research note on Wednesday, April 28th. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of UBS Group in a research note on Monday, May 17th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $16.00. Read more …

 


ABB (NYSE:ABB) was upgraded by equities researchers at HSBC from a “hold” rating to a “buy” rating in a research note issued on Thursday, The Fly reports.

ABB has been the subject of several other research reports. Cowen raised their price target on ABB from $30.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, February 11th. Credit Suisse Group reiterated a “neutral” rating on shares of ABB in a research report on Wednesday, April 28th. Nordea Equity Research downgraded shares of ABB from a “buy” rating to a “hold” rating in a report on Friday, February 5th. UBS Group reiterated a “buy” rating on shares of ABB in a research report on Wednesday, April 28th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of ABB in a report on Wednesday, April 28th. Two investment analysts have rated the stock with a sell rating, nine have issued 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 $30.50. Read more …

 

 

 

Downgrades:

 


Campbell Soup (NYSE:CPB) was downgraded by equities researchers at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Monday, Briefing.com reports. They presently have a $54.00 price target on the stock. Jefferies Financial Group's target price indicates a potential upside of 10.50% from the stock's previous close.

Other research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft lowered their price objective on Campbell Soup from $52.00 to $50.00 and set a "hold" rating for the company in a research report on Thursday, February 25th. Morgan Stanley upped their price objective on Campbell Soup from $49.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 18th. Two equities research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the stock. The company has a consensus rating of "Hold" and an average price target of $49.91.

CPB opened at $48.87 on Monday. Campbell Soup has a 12 month low of $44.53 and a 12 month high of $54.08. The stock has a market capitalization of $14.81 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 5.83 and a beta of 0.58. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.91 and a quick ratio of 0.61. The business has a fifty day moving average price of $49.05 and a 200 day moving average price of $48.17. Read more …

 


Dollar General (NYSE:DG) was downgraded by stock analysts at Bank of America from a “neutral” rating to an “underperform” rating in a report issued on Monday, Briefing.com reports. They presently have a $190.00 price target on the stock. Bank of America‘s price objective suggests a potential downside of 7.34% from the stock’s current price.

DG has been the subject of a number of other reports. Royal Bank of Canada reissued a “sector perform” rating and issued a $207.00 price objective (up from $206.00) on shares of Dollar General in a research note on Tuesday, May 18th. KeyCorp reaffirmed a “sector weight” rating on shares of Dollar General in a research note on Monday, May 10th. Raymond James dropped their price target on shares of Dollar General from $250.00 to $220.00 and set a “strong-buy” rating for the company in a research note on Thursday, March 25th. Telsey Advisory Group lowered their price objective on shares of Dollar General from $245.00 to $215.00 and set an “outperform” rating for the company in a research report on Friday, March 19th. Finally, Atlantic Securities upgraded shares of Dollar General from a “neutral” rating to an “overweight” rating and set a $243.00 price target for the company in a report on Monday, March 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $229.00. Read more …

 


Kinder Morgan (NYSE:KMI) was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research note issued on Wednesday, Price Targets.com reports. They presently have a $18.00 price objective on the pipeline company’s stock. Morgan Stanley’s target price suggests a potential downside of 1.85% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Citigroup raised their price target on Kinder Morgan from $15.50 to $17.00 in a research note on Tuesday, April 27th. Wells Fargo & Company restated an “underweight” rating on shares of Kinder Morgan in a research note on Wednesday, May 19th. Royal Bank of Canada lifted their target price on Kinder Morgan from $16.00 to $17.00 and gave the company a “sector perform” rating in a research note on Thursday, April 22nd. Mizuho lifted their target price on Kinder Morgan from $19.00 to $20.00 in a research note on Thursday, April 22nd. Finally, TheStreet upgraded Kinder Morgan from a “c+” rating to a “b” rating in a research note on Wednesday, April 21st. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Kinder Morgan currently has an average rating of “Hold” and an average target price of $16.40. Read more …

 

 


Magellan Midstream Partners (NYSE:MMP) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a report issued on Wednesday, The Fly reports. They presently have a $53.00 price objective on the pipeline company's stock. Morgan Stanley's target price indicates a potential upside of 9.23% from the company's previous close.

A number of other research firms have also issued reports on MMP. Scotiabank initiated coverage on Magellan Midstream Partners in a research report on Monday, February 1st. They set a "sector perform" rating for the company. Wells Fargo & Company upped their price target on shares of Magellan Midstream Partners from $49.00 to $51.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 19th. Royal Bank of Canada lifted their price objective on shares of Magellan Midstream Partners from $49.00 to $53.00 and gave the company an "outperform" rating in a research report on Tuesday, May 4th. TD Securities cut shares of Magellan Midstream Partners from a "buy" rating to a "hold" rating and upped their target price for the stock from $47.00 to $48.00 in a research report on Friday, April 30th. Finally, The Goldman Sachs Group cut their price target on Magellan Midstream Partners from $43.00 to $42.00 and set a "neutral" rating on the stock in a report on Wednesday, March 17th. Thirteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Magellan Midstream Partners has a consensus rating of "Hold" and an average target price of $48.44. Read more …

 


Illinois Tool Works (NYSE:ITW) was downgraded by investment analysts at Barclays from an “equal weight” rating to an “underweight” rating in a report released on Wednesday, The Fly reports. They currently have a $220.00 price objective on the industrial products company’s stock, down from their previous price objective of $240.00. Barclays‘s price objective would suggest a potential downside of 5.40% from the stock’s current price.

ITW has been the topic of several other research reports. Credit Suisse Group raised their price target on shares of Illinois Tool Works from $242.00 to $261.00 and gave the company an “outperform” rating in a report on Monday, May 10th. Robert W. Baird raised their price target on shares of Illinois Tool Works from $214.00 to $229.00 and gave the company a “neutral” rating in a report on Friday, April 30th. BMO Capital Markets increased their price objective on shares of Illinois Tool Works from $225.00 to $235.00 and gave the company a “market perform” rating in a research report on Monday, May 10th. Morgan Stanley increased their price objective on shares of Illinois Tool Works from $189.00 to $207.00 and gave the company an “underweight” rating in a research report on Monday, May 10th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Illinois Tool Works from $217.00 to $227.00 and gave the company a “hold” rating in a research report on Monday, May 10th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $222.38. Read more …

 


Kansas City Southern (NYSE:KSU) was downgraded by research analysts at Barclays from an "equal weight" rating to an "underweight" rating in a research report issued on Friday, Briefing.com reports. They currently have a $310.00 price target on the transportation company's stock, up from their previous price target of $265.00. Barclays's price objective indicates a potential upside of 4.96% from the stock's previous close.

A number of other equities analysts have also commented on the stock. Raymond James reissued an "outperform" rating and issued a $286.00 price target (up previously from $255.00) on shares of Kansas City Southern in a report on Monday, April 26th. Vertical Research initiated coverage on shares of Kansas City Southern in a research report on Friday, March 26th. They issued a "hold" rating for the company. Wells Fargo & Company reissued an "equal weight" rating and set a $275.00 price target on shares of Kansas City Southern in a research report on Wednesday, April 21st. JPMorgan Chase & Co. raised shares of Kansas City Southern from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $231.00 to $275.00 in a research report on Monday, March 29th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Kansas City Southern from $212.00 to $300.00 and gave the company a "hold" rating in a research note on Monday, May 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company's stock. Kansas City Southern presently has a consensus rating of "Buy" and an average target price of $242.07. Read more …

 

 


Apple (NASDAQ:AAPL) was downgraded by analysts at New Street Research from a “neutral” rating to a “sell” rating in a research note issued on Friday, Briefing.com reports. They currently have a $90.00 price target on the iPhone maker’s stock. New Street Research’s price target would suggest a potential downside of 28.16% from the company’s current price.

A number of other research analysts have also commented on AAPL. Piper Sandler upped their price target on shares of Apple from $135.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, January 28th. Sanford C. Bernstein set a $132.00 price target on shares of Apple and gave the company a “neutral” rating in a research note on Tuesday, May 11th. Barclays decreased their price target on shares of Apple from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research note on Tuesday. The Goldman Sachs Group upgraded shares of Apple from a “sell” rating to a “neutral” rating and increased their target price for the stock from $83.00 to $130.00 in a research report on Wednesday, May 5th. Finally, Morgan Stanley increased their target price on shares of Apple from $158.00 to $161.00 and gave the stock an “overweight” rating in a research report on Monday, May 3rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $146.87. Read more …

 

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