Notable Analyst Upgrades and Downgrades for Week of July 26, 2021

 



Upgrades:

 


Accenture (NYSE:ACN) was upgraded by investment analysts at Redburn Partners from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, Briefing.com reports.

Several other research firms also recently issued reports on ACN. Cowen boosted their price objective on Accenture from $305.00 to $316.00 and gave the stock an “outperform” rating in a report on Friday, June 25th. Exane BNP Paribas upgraded Accenture from a “neutral” rating to an “outperform” rating in a report on Wednesday, June 23rd. Barclays lifted their target price on Accenture from $310.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, June 28th. Susquehanna lifted their target price on Accenture from $325.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, June 25th. Finally, Citigroup lifted their target price on Accenture from $310.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, June 25th. Six analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $311.13. Read more …

 


D.R. Horton (NYSE:DHI) was upgraded by equities research analysts at Wedbush from a “neutral” rating to an “outperform” rating in a note issued to investors on Monday, The Fly reports. The firm presently has a $125.00 target price on the construction company’s stock, up from their prior target price of $94.00. Wedbush’s target price indicates a potential upside of 33.22% from the company’s current price.

Several other analysts have also recently issued reports on DHI. BTIG Research cut their target price on D.R. Horton from $124.00 to $117.00 and set a “buy” rating on the stock in a research note on Monday, July 19th. Wells Fargo & Company lifted their price objective on D.R. Horton from $110.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday, May 27th. Seaport Res Ptn reaffirmed a “buy” rating on shares of D.R. Horton in a research report on Monday, July 19th. Citigroup cut their price objective on D.R. Horton from $109.00 to $106.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Raymond James raised D.R. Horton from an “outperform” rating to a “strong-buy” rating and set a $110.00 price objective on the stock in a research report on Friday. Three equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $102.44. Read more …

 


W. P. Carey (NYSE:WPC) was upgraded by Capital One Financial from an “equal weight” rating to an “overweight” rating in a report issued on Monday, The Fly reports. The brokerage currently has a $90.00 target price on the real estate investment trust’s stock. Capital One Financial‘s price objective points to a potential upside of 13.31% from the stock’s previous close.

A number of other research analysts also recently issued reports on the stock. Evercore ISI upgraded shares of W. P. Carey from an “in-line” rating to an “outperform” rating and upped their target price for the company from $77.00 to $80.00 in a research report on Monday, May 3rd. Bank of America reissued an “underperform” rating on shares of W. P. Carey in a research note on Tuesday, April 13th. Zacks Investment Research raised W. P. Carey from a “sell” rating to a “hold” rating in a research note on Tuesday, April 13th. Wells Fargo & Company increased their target price on W. P. Carey from $77.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 23rd. Finally, JPMorgan Chase & Co. raised W. P. Carey from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $77.00 to $88.00 in a research note on Tuesday, June 15th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. W. P. Carey currently has an average rating of “Buy” and a consensus price target of $84.60. Read more …

 

 


PPG Industries (NYSE:PPG) was upgraded by Susquehanna Bancshares from a “neutral” rating to a “positive” rating in a report released on Monday, Stock Target Advisor reports. The firm currently has a $163.36 price target on the specialty chemicals company’s stock. Susquehanna Bancshares’ target price points to a potential downside of 0.86% from the company’s previous close.

Several other equities research analysts have also issued reports on PPG. BMO Capital Markets decreased their price target on shares of PPG Industries from $197.00 to $189.00 and set an “outperform” rating on the stock in a report on Wednesday, July 21st. Royal Bank of Canada boosted their target price on shares of PPG Industries from $180.00 to $193.00 and gave the stock an “outperform” rating in a report on Friday, May 14th. The Goldman Sachs Group boosted their target price on shares of PPG Industries from $187.00 to $192.00 and gave the stock a “buy” rating in a report on Tuesday, May 11th. Argus boosted their price target on shares of PPG Industries from $157.00 to $193.00 and gave the stock a “buy” rating in a research report on Monday, April 19th. Finally, Susquehanna upgraded shares of PPG Industries from a “neutral” rating to a “positive” rating and boosted their price target for the stock from $115.00 to $190.00 in a research report on Monday. Four investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. PPG Industries presently has an average rating of “Buy” and a consensus target price of $174.08. Read more …

 


Cummins (NYSE:CMI) was upgraded by investment analysts at Vertical Research from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

Several other equities analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Cummins from $262.00 to $255.00 and set a “hold” rating for the company in a research report on Wednesday, July 14th. Bank of America upgraded shares of Cummins from a “neutral” rating to a “buy” rating and set a $325.00 target price on the stock in a research note on Monday, May 17th. Credit Suisse Group raised their price target on shares of Cummins from $285.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, May 5th. Robert W. Baird reiterated a “hold” rating on shares of Cummins in a research note on Thursday, May 6th. Finally, Zacks Investment Research downgraded Cummins from a “buy” rating to a “hold” rating and set a $251.00 price target on the stock. in a report on Thursday, July 15th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company. Cummins has an average rating of “Hold” and a consensus target price of $267.35. Read more …

 


Weyerhaeuser (NYSE:WY) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, The Fly reports.

Several other brokerages have also issued reports on WY. Stephens reissued an “equal weight” rating and set a $35.00 target price on shares of Weyerhaeuser in a research note on Monday, May 10th. The Goldman Sachs Group started coverage on shares of Weyerhaeuser in a research note on Thursday, July 15th. They set a “buy” rating and a $40.00 target price on the stock. BMO Capital Markets increased their target price on shares of Weyerhaeuser from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Monday, May 3rd. Finally, Raymond James raised shares of Weyerhaeuser from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $37.00 to $50.00 in a research note on Monday, May 3rd. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Weyerhaeuser presently has an average rating of “Buy” and an average target price of $37.13. Read more …

 

 


Raytheon Technologies (NYSE:RTX) was upgraded by Argus 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 $100.00 target price on the stock. Argus’ price target points to a potential upside of 14.68% from the stock’s current price.

RTX has been the subject of several other research reports. Wells Fargo & Company assumed coverage on shares of Raytheon Technologies in a report on Tuesday, May 18th. They set an “equal weight” rating and a $87.00 target price for the company. Susquehanna Bancshares lifted their target price on shares of Raytheon Technologies from $97.00 to $105.00 and gave the stock a “positive” rating in a report on Wednesday. Langenberg & Company raised shares of Raytheon Technologies from a “hold” rating to a “buy” rating in a report on Monday, May 3rd. Jefferies Financial Group boosted their price objective on shares of Raytheon Technologies from $95.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, June 3rd. Finally, Susquehanna boosted their price objective on shares of Raytheon Technologies from $97.00 to $105.00 and gave the company a “positive” rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Raytheon Technologies has a consensus rating of “Buy” and an average price target of $96.77. Read more …

 

 

Downgrades:

 


Lowe’s Companies (NYSE:LOW) was downgraded by research analysts at Wedbush from an “outperform” rating to a “neutral” rating in a report issued on Monday, The Fly reports. They currently have a $210.00 target price on the home improvement retailer’s stock, down from their prior target price of $225.00. Wedbush’s price target would indicate a potential upside of 4.56% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. Truist Securities upped their target price on shares of Lowe’s Companies from $185.00 to $217.00 and gave the stock a “buy” rating in a research note on Thursday, May 20th. upped their target price on shares of Lowe’s Companies from $195.00 to $239.00 and gave the stock a “buy” rating in a research note on Tuesday, May 4th. Oppenheimer raised shares of Lowe’s Companies from a “market perform” rating to an “outperform” rating and set a $235.00 target price on the stock in a research note on Wednesday, May 19th. Loop Capital upped their target price on shares of Lowe’s Companies from $195.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, April 12th. Finally, Jefferies Financial Group upped their target price on shares of Lowe’s Companies from $200.00 to $247.00 and gave the stock a “buy” rating in a research note on Friday, May 14th. Six investment analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $205.57. Read more …

 


AT&T (NYSE:T) was downgraded by analysts at Argus from a “buy” rating to a “hold” rating in a report released on Tuesday, FinViz reports.

T has been the topic of several other reports. Scotiabank upgraded shares of AT&T from a “sector underperform” rating to a “sector perform” rating and increased their target price for the stock from $28.00 to $31.00 in a report on Wednesday, June 16th. Oppenheimer reaffirmed a “hold” rating on shares of AT&T in a research note on Monday, April 26th. Deutsche Bank Aktiengesellschaft lifted their target price on AT&T from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Monday. UBS Group raised AT&T from a “neutral” rating to a “buy” rating and raised their price target for the stock from $32.00 to $35.00 in a research report on Friday, May 21st. Finally, Raymond James boosted their price objective on AT&T from $32.00 to $33.00 and gave the company an “outperform” rating in a research report on Friday, April 23rd. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $31.29. Read more …

 

 


Rio Tinto Group (NYSE:RIO) was downgraded by equities research analysts at CLSA from an “underperform” rating to a “sell” rating in a research report issued on Thursday, Price Targets.com reports.

RIO has been the subject of a number of other reports. DZ Bank raised shares of Rio Tinto Group from a “hold” rating to a “buy” rating in a research note on Wednesday, March 31st. Barclays reaffirmed an “equal weight” rating on shares of Rio Tinto Group in a research note on Monday, July 5th. They noted that the move was a valuation call. Berenberg Bank reaffirmed a “hold” rating on shares of Rio Tinto Group in a research note on Thursday, July 8th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Rio Tinto Group in a report on Tuesday, July 20th. Finally, The Goldman Sachs Group upgraded shares of Rio Tinto Group from a “neutral” rating to a “buy” rating and set a $144.40 target price for the company in a report on Friday, July 16th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. Rio Tinto Group has a consensus rating of “Hold” and an average target price of $116.13. Read more …

 

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