Notable Analyst Upgrades and Downgrades for Week of June 7, 2021



 

Upgrades:

 


C.H. Robinson Worldwide (NASDAQ:CHRW) was upgraded by analysts at The Goldman Sachs Group from a "sell" rating to a "buy" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm currently has a $108.00 price target on the transportation company's stock. The Goldman Sachs Group's target price would suggest a potential upside of 12.10% from the stock's current price.

Other equities research analysts also recently issued reports about the company. Susquehanna Bancshares boosted their price target on C.H. Robinson Worldwide from $92.00 to $94.00 and gave the company a "neutral" rating in a research note on Monday, April 12th. Credit Suisse Group boosted their price objective on C.H. Robinson Worldwide from $90.00 to $93.00 and gave the company an "underperform" rating in a research note on Wednesday, April 28th. Morgan Stanley boosted their price objective on C.H. Robinson Worldwide from $55.00 to $58.00 and gave the company an "underweight" rating in a research note on Wednesday, April 28th. Vertical Research initiated coverage on C.H. Robinson Worldwide in a research note on Friday, March 26th. They set a "hold" rating for the company. Finally, Susquehanna boosted their price objective on C.H. Robinson Worldwide from $92.00 to $94.00 and gave the company a "neutral" rating in a research note on Tuesday, April 13th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of "Hold" and a consensus target price of $97.89. Read more …

 


Visa (NYSE:V) was upgraded by research analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a report issued on Monday, Briefing.com reports. The brokerage currently has a $260.00 target price on the credit-card processor’s stock, up from their prior target price of $234.00. Piper Sandler’s price target would suggest a potential upside of 12.97% from the stock’s current price.

A number of other equities research analysts also recently weighed in on V. Royal Bank of Canada reissued a “buy” rating on shares of Visa in a research note on Wednesday, May 5th. Susquehanna Bancshares boosted their target price on Visa from $250.00 to $265.00 and gave the stock a “positive” rating in a research report on Wednesday, April 28th. Truist Securities increased their price target on shares of Visa from $230.00 to $250.00 in a research report on Wednesday, April 28th. Mizuho boosted their price objective on shares of Visa from $250.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, April 28th. Finally, Susquehanna upped their target price on shares of Visa from $250.00 to $265.00 and gave the stock a “positive” rating in a research note on Wednesday, April 28th. Twenty-four investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average target price of $253.27. Read more …

 


Johnson Controls International (NYSE:JCI) was upgraded by JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research report issued on Tuesday, Analyst Ratings Network reports. The firm presently has a $75.00 target price on the stock, up from their previous target price of $50.00. JPMorgan Chase & Co.'s price objective indicates a potential upside of 11.86% from the stock's current price.

A number of other equities analysts have also issued reports on the stock. UBS Group raised shares of Johnson Controls International to a "buy" rating and raised their price target for the stock from $57.00 to $70.00 in a research report on Thursday, April 22nd. Credit Suisse Group lifted their target price on shares of Johnson Controls International from $66.00 to $75.00 and gave the company an "outperform" rating in a report on Monday. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Johnson Controls International from $62.00 to $68.00 and gave the company a "hold" rating in a report on Monday, May 3rd. OTR Global raised shares of Johnson Controls International from a "mixed" rating to a "positive" rating in a report on Tuesday, April 27th. Finally, Royal Bank of Canada lowered shares of Johnson Controls International from an "outperform" rating to a "sector perform" rating and set a $66.00 target price for the company. in a report on Wednesday, March 31st. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. The company has an average rating of "Buy" and a consensus price target of $57.94. Read more …

 

 


Target (NYSE:TGT) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued on Tuesday, Analyst Price Targets reports. The brokerage presently has a $265.00 price target on the retailer’s stock, up from their prior price target of $210.00. UBS Group’s price objective indicates a potential upside of 12.59% from the stock’s previous close. The analysts noted that the move was a valuation call.

A number of other equities analysts have also weighed in on TGT. Stifel Nicolaus upped their target price on Target from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Tuesday, March 30th. Morgan Stanley upped their target price on Target from $205.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday, May 24th. Credit Suisse Group upped their target price on Target from $211.00 to $245.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 25th. BMO Capital Markets upped their target price on Target from $225.00 to $245.00 and gave the stock an “outperform” rating in a research report on Monday, May 24th. Finally, Raymond James upped their target price on Target from $215.00 to $252.00 and gave the stock a “strong-buy” rating in a research report on Thursday, May 20th. Five investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $231.06. Read more …

 


The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) was upgraded by stock analysts at Barclays from an "underweight" rating to an "equal weight" rating in a research report issued on Tuesday, The Fly reports.

Several other research analysts have also recently issued reports on the stock. Canaccord Genuity increased their target price on shares of The Bank of Nova Scotia from C$82.00 to C$83.00 and gave the stock a "hold" rating in a report on Wednesday, June 2nd. Desjardins raised their price target on shares of The Bank of Nova Scotia from C$85.00 to C$89.00 and gave the company a "buy" rating in a report on Thursday, June 3rd. Royal Bank of Canada lifted their target price on shares of The Bank of Nova Scotia from C$84.00 to C$86.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 2nd. BMO Capital Markets lifted their target price on shares of The Bank of Nova Scotia from C$88.00 to C$93.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 2nd. Finally, Credit Suisse Group raised shares of The Bank of Nova Scotia from an "underperform" rating to a "neutral" rating and raised their price target for the stock from C$77.00 to C$84.00 in a research report on Wednesday, June 2nd. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of "Buy" and an average price target of $80.55. Read more …

 


Colgate-Palmolive (NYSE:CL) was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued on Wednesday, Briefing.com reports. The brokerage currently has a $95.00 price target on the stock, up from their previous price target of $80.00. Credit Suisse Group’s price objective suggests a potential upside of 14.55% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Colgate-Palmolive from a “sell” rating to a “hold” rating and set a $85.00 price target on the stock in a report on Monday, May 3rd. JPMorgan Chase & Co. cut their price target on shares of Colgate-Palmolive from $87.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday, April 16th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Colgate-Palmolive from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Monday, May 3rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $84.42. Read more …

 

 


United Parcel Service (NYSE:UPS) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Thursday, The Fly reports. The firm presently has a $243.00 target price on the transportation company’s stock, up from their prior target price of $224.00. JPMorgan Chase & Co.‘s target price suggests a potential upside of 20.86% from the stock’s previous close.

UPS has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft raised United Parcel Service to a “buy” rating and lifted their target price for the company from $185.00 to $260.00 in a research note on Tuesday, April 27th. UBS Group lifted their target price on United Parcel Service from $205.00 to $244.00 and gave the company a “buy” rating in a research note on Wednesday, April 28th. Credit Suisse Group lifted their price target on United Parcel Service from $215.00 to $261.00 and gave the company an “outperform” rating in a report on Wednesday, April 28th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their price target on United Parcel Service from $220.00 to $235.00 and gave the company a “neutral” rating in a report on Tuesday, June 1st. Finally, Argus boosted their target price on United Parcel Service from $185.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, April 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. United Parcel Service has an average rating of “Buy” and an average target price of $202.00. Read more …

 


The Sherwin-Williams (NYSE:SHW) was upgraded by research analysts at Bank of America from an "underperform" rating to a "buy" rating in a research report issued on Thursday, Price Targets.com reports. The firm currently has a $325.00 price objective on the specialty chemicals company's stock, up from their prior price objective of $222.00. Bank of America's price objective would indicate a potential upside of 17.35% from the company's current price.

SHW has been the subject of several other research reports. Argus boosted their price objective on shares of The Sherwin-Williams from $263.00 to $325.00 and gave the stock a "buy" rating in a research report on Tuesday, May 4th. Wells Fargo & Company upped their price objective on shares of The Sherwin-Williams from $300.00 to $317.00 and gave the company an "overweight" rating in a research note on Wednesday. Jefferies Financial Group reiterated a "hold" rating and set a $800.00 target price on shares of The Sherwin-Williams in a research report on Sunday, April 4th. TheStreet raised The Sherwin-Williams from a "c+" rating to an "a-" rating in a research report on Monday, May 3rd. Finally, KeyCorp lifted their price target on The Sherwin-Williams from $300.00 to $320.00 and gave the stock an "overweight" rating in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The Sherwin-Williams currently has a consensus rating of "Buy" and an average price target of $325.91. Read more …

 


Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) was upgraded by equities research analysts at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, Briefing.com reports. The brokerage presently has a $44.00 target price on the oil and gas producer’s stock, up from their previous target price of $38.00. The Goldman Sachs Group’s target price points to a potential upside of 19.02% from the stock’s current price.

A number of other research firms have also issued reports on CNQ. Barclays reiterated a “buy” rating and set a $49.00 price objective on shares of Canadian Natural Resources in a research note on Friday, April 2nd. Credit Suisse Group lowered Canadian Natural Resources from an “outperform” rating to a “neutral” rating and set a $52.00 target price on the stock. in a research note on Monday, March 22nd. CIBC upped their target price on Canadian Natural Resources from $42.00 to $46.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 10th. Desjardins upped their target price on Canadian Natural Resources from $38.00 to $46.00 and gave the stock a “buy” rating in a research note on Monday, March 8th. Finally, Royal Bank of Canada upped their target price on Canadian Natural Resources from $44.00 to $45.00 and gave the stock an “outperform” rating in a research note on Friday, May 7th. Three 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. Canadian Natural Resources has an average rating of “Buy” and an average target price of $45.12. Read more …

 

 


International Paper (NYSE:IP) was upgraded by investment analysts at Argus from a "hold" rating to a "buy" rating in a research report issued on Friday, The Fly reports.

Several other brokerages also recently weighed in on IP. Zacks Investment Research upgraded shares of International Paper from a "hold" rating to a "strong-buy" rating and set a $71.00 price target on the stock in a report on Tuesday, May 11th. Morgan Stanley raised their price objective on shares of International Paper from $48.00 to $52.00 and gave the stock an "underweight" rating in a research note on Thursday, May 6th. Wells Fargo & Company raised their price objective on shares of International Paper from $66.00 to $85.00 and gave the stock an "overweight" rating in a research note on Monday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of International Paper from $49.00 to $58.00 in a research note on Monday, April 19th. Finally, KeyCorp increased their price objective on shares of International Paper from $47.00 to $50.00 and gave the company an "underweight" rating in a report on Friday, April 30th. Three analysts have rated the stock with a sell rating, one has issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of "Buy" and a consensus price target of $61.10. Read more …

 


Ventas (NYSE:VTR) was upgraded by stock analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Friday, Briefing.com reports. The firm currently has a $67.00 target price on the real estate investment trust’s stock, up from their previous target price of $53.00. Barclays‘s price target suggests a potential upside of 16.14% from the stock’s previous close.

A number of other analysts also recently commented on VTR. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and set a $58.00 price objective for the company in a report on Thursday, May 13th. Wells Fargo & Company increased their price target on Ventas from $40.00 to $50.00 in a report on Thursday, March 11th. KeyCorp raised Ventas from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $49.00 to $60.00 in a research note on Thursday, May 13th. Morgan Stanley raised their target price on Ventas from $52.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Monday, March 15th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Ventas from $50.00 to $61.00 and gave the company a “hold” rating in a research report on Thursday, June 3rd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. Ventas presently has a consensus rating of “Hold” and an average price target of $52.83. Read more …

 

 

Downgrades:

 


The Wendy’s (NASDAQ:WEN) was downgraded by investment analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued on Tuesday, The Fly reports.

WEN has been the topic of several other research reports. Wedbush boosted their target price on shares of The Wendy’s from $27.00 to $28.50 and gave the stock an “outperform” rating in a report on Wednesday, May 12th. Cleveland Research started coverage on shares of The Wendy’s in a report on Friday, March 12th. They set a “neutral” rating for the company. Telsey Advisory Group reiterated an “outperform” rating on shares of The Wendy’s in a research report on Thursday, March 4th. Argus raised The Wendy’s from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Thursday, May 20th. Finally, JPMorgan Chase & Co. lifted their price objective on The Wendy’s from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Monday, April 12th. They noted that the move was a valuation call. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The Wendy’s currently has a consensus rating of “Buy” and a consensus target price of $25.61. Read more …

 

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