Notable Analyst Upgrades and Downgrades for Week of August 16, 2021

 



Upgrades:

 


Compass Minerals International (NYSE:CMP) was upgraded by investment analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a research note issued on Tuesday, The Fly reports.

Several other research firms have also recently issued reports on CMP. CL King raised Compass Minerals International from a "neutral" rating to a "buy" rating and set a $75.00 target price for the company in a research note on Wednesday, July 14th. Zacks Investment Research cut Compass Minerals International from a "hold" rating to a "sell" rating in a research note on Tuesday, July 13th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. Compass Minerals International has a consensus rating of "Hold" and an average target price of $62.60.

CMP stock opened at $67.71 on Tuesday. The stock's fifty day simple moving average is $64.68. The company has a debt-to-equity ratio of 9.60, a quick ratio of 1.50 and a current ratio of 2.06. The firm has a market capitalization of $2.30 billion, a PE ratio of -16.51 and a beta of 1.63. Compass Minerals International has a 52-week low of $54.24 and a 52-week high of $72.00. Read more …

 


ViacomCBS (NASDAQ:VIAC) was upgraded by stock analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Wednesday, The Fly reports. The firm presently has a $50.00 price target on the stock, up from their prior price target of $45.00. Wells Fargo & Company‘s price target would indicate a potential upside of 28.11% from the company’s current price.

Other equities analysts have also issued research reports about the company. decreased their target price on ViacomCBS from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, May 21st. Royal Bank of Canada upgraded ViacomCBS from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $26.00 to $52.00 in a report on Friday, May 7th. BMO Capital Markets dropped their price objective on ViacomCBS from $55.00 to $48.00 and set a “market perform” rating on the stock in a report on Monday, May 10th. Moffett Nathanson upgraded ViacomCBS from a “sell” rating to a “neutral” rating in a report on Monday, April 26th. Finally, Deutsche Bank Aktiengesellschaft raised ViacomCBS from a “sell” rating to a “hold” rating and upped their target price for the company from $32.00 to $45.00 in a research report on Friday, August 6th. They noted that the move was a valuation call. Three investment 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’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $49.96. Read more …

 


The Wendy’s (NASDAQ:WEN) was upgraded by equities research analysts at Oppenheimer from a “market perform” rating to an “outperform” rating in a research report issued on Wednesday, The Fly reports.

Several other equities research analysts also recently issued reports on WEN. TheStreet upgraded The Wendy’s from a “c+” rating to a “b” rating in a report on Friday, May 7th. Morgan Stanley boosted their price objective on The Wendy’s from $24.00 to $26.00 and gave the company an “equal weight” rating in a report on Thursday, August 12th. Wedbush boosted their price objective on The Wendy’s from $27.00 to $28.50 and gave the company an “outperform” rating in a report on Wednesday, May 12th. MKM Partners boosted their price objective on The Wendy’s from $27.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, August 12th. Finally, Zacks Investment Research downgraded The Wendy’s from a “buy” rating to a “hold” rating and set a $30.00 price objective on the stock. in a report on Wednesday, June 9th. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $26.73. Read more …

 

 


Apple (NASDAQ:AAPL) was upgraded by equities researchers at JPMorgan Chase & Co. to an “overweight” rating in a research note issued on Thursday, The Fly reports. The brokerage currently has a $180.00 target price on the iPhone maker’s stock, up from their previous target price of $175.00. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 23.86% from the company’s previous close.

AAPL has been the subject of several other research reports. UBS Group raised their price target on Apple from $166.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, July 28th. Wedbush raised their price target on Apple from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, April 29th. Raymond James raised their price target on Apple from $160.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, April 29th. Oppenheimer raised their price target on Apple from $160.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, July 28th. Finally, Fundamental Research raised their price target on Apple from $144.27 to $163.99 and gave the stock a “buy” rating in a report on Tuesday, August 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $156.74. Read more …

 


The Procter & Gamble (NYSE:PG) was upgraded by equities research analysts at Erste Group from a "hold" rating to a "buy" rating in a research note issued on Friday, The Fly reports.

Other equities analysts also recently issued research reports about the company. Evercore ISI assumed coverage on The Procter & Gamble in a report on Thursday, August 12th. They issued a "buy" rating and a $163.00 price objective on the stock. Credit Suisse Group increased their price objective on The Procter & Gamble from $135.00 to $145.00 and gave the stock a "neutral" rating in a report on Monday, August 2nd. Zacks Investment Research upgraded The Procter & Gamble from a "hold" rating to a "buy" rating and set a $149.00 price objective on the stock in a report on Tuesday, July 20th. Truist increased their price target on The Procter & Gamble from $140.00 to $145.00 and gave the company a "hold" rating in a report on Monday, August 2nd. Finally, Truist Securities increased their price target on The Procter & Gamble from $140.00 to $145.00 and gave the company a "hold" rating in a report on Monday, August 2nd. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The Procter & Gamble presently has a consensus rating of "Hold" and a consensus price target of $151.58. Read more …

 

 

Downgrades:

 


Automatic Data Processing (NASDAQ:ADP) was downgraded by JPMorgan Chase & Co. from a "neutral" rating to an "underweight" rating in a research report issued on Tuesday, The Fly reports. They currently have a $224.00 price target on the business services provider's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 3.44% from the stock's previous close. The analysts noted that the move was a valuation call.

Several other research firms have also recently issued reports on ADP. raised their target price on Automatic Data Processing from $190.00 to $212.00 and gave the stock a "buy" rating in a research note on Monday, May 3rd. Morgan Stanley raised their target price on Automatic Data Processing from $185.00 to $200.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 29th. Mizuho raised their target price on Automatic Data Processing from $220.00 to $230.00 and gave the stock a "buy" rating in a research note on Monday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on Automatic Data Processing from $192.00 to $210.00 and gave the company a "hold" rating in a research note on Thursday, July 29th. Finally, Credit Suisse Group cut Automatic Data Processing from an "outperform" rating to a "neutral" rating and set a $215.00 price objective for the company. in a research note on Monday. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of "Hold" and a consensus price target of $196.79. Read more …

 

 


Dollar General (NYSE:DG) was downgraded by equities research analysts at OTR Global to a “positive” rating in a note issued to investors on Tuesday, The Fly reports.

A number of other equities research analysts also recently commented on the stock. KeyCorp restated a “sector weight” rating on shares of Dollar General in a research report on Monday, May 10th. Bank of America cut shares of Dollar General from a “neutral” rating to an “underperform” rating and set a $190.00 target price for the company. in a report on Monday, May 24th. Citigroup increased their target price on shares of Dollar General from $250.00 to $260.00 and gave the company a “buy” rating in a report on Friday, May 28th. Oppenheimer increased their target price on shares of Dollar General from $225.00 to $270.00 and gave the company an “outperform” rating in a report on Thursday, July 15th. Finally, Piper Sandler increased their target price on shares of Dollar General from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Friday, May 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $237.77. Read more …

 


Fortis (NYSE:FTS) was downgraded by equities research analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Tuesday, The Fly reports.

Several other equities analysts have also issued reports on FTS. Raymond James reiterated a “market perform” rating and set a $58.00 target price on shares of Fortis in a report on Tuesday, May 4th. BMO Capital Markets lowered their price target on Fortis from C$57.00 to C$56.00 and set a “market perform” rating for the company in a research report on Friday, July 30th. Bank of America lowered Fortis from a “neutral” rating to an “underperform” rating and set a $51.00 price target for the company. in a research report on Wednesday, July 7th. Zacks Investment Research lowered Fortis from a “hold” rating to a “sell” rating in a research report on Wednesday, July 21st. Finally, Scotiabank decreased their price objective on shares of Fortis from C$61.00 to C$60.00 and set an “outperform” rating for the company in a report on Friday, July 9th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $55.67. Read more …

 


Suncor Energy (NYSE:SU) (TSE:SU) was downgraded by investment analysts at The Goldman Sachs Group from a "conviction-buy" rating to a "buy" rating in a report issued on Tuesday, The Fly reports.

SU has been the topic of a number of other research reports. Scotiabank lowered their price target on Suncor Energy from C$35.00 to C$33.00 and set an "outperform" rating on the stock in a research report on Thursday, July 29th. National Bank Financial decreased their target price on Suncor Energy from C$42.00 to C$41.00 and set a "sector perform" rating on the stock in a research report on Monday, July 19th. Zacks Investment Research downgraded Suncor Energy from a "buy" rating to a "hold" rating and set a $24.00 target price on the stock. in a research report on Tuesday, July 13th. Wells Fargo & Company decreased their target price on Suncor Energy from $30.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Friday, July 30th. Finally, Raymond James started coverage on Suncor Energy in a research report on Tuesday, July 20th. They issued a "buy" rating and a $40.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of "Buy" and an average target price of $33.75. Read more …

 

 


Pembina Pipeline (TSE:PPL) (NYSE:PBA) was downgraded by investment analysts at Credit Suisse Group to a “neutral” rating in a report released on Wednesday, Stock Target Advisor reports. They currently have a C$46.00 price objective on the stock. Credit Suisse Group’s target price would suggest a potential upside of 17.20% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Cfra lifted their target price on shares of Pembina Pipeline from C$41.00 to C$43.00 and gave the stock a “na” rating in a research report on Tuesday, May 11th. Scotiabank lifted their target price on shares of Pembina Pipeline from C$37.00 to C$39.00 in a research report on Monday, May 10th. TD Securities lifted their target price on shares of Pembina Pipeline from C$39.00 to C$41.00 and gave the stock a “buy” rating in a research report on Monday, May 10th. Tudor Pickering & Holt set a C$43.00 target price on shares of Pembina Pipeline and gave the stock a “buy” rating in a research report on Friday, August 6th. Finally, Canaccord Genuity lifted their target price on shares of Pembina Pipeline from C$42.00 to C$44.00 and gave the stock a “na” rating in a research report on Thursday, May 20th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Pembina Pipeline presently has an average rating of “Hold” and a consensus price target of C$42.22. Read more …

 


PPL (NYSE:PPL) was downgraded by investment analysts at Credit Suisse Group to a “neutral” rating in a report released on Wednesday, Stock Target Advisor reports. They currently have a $46.00 price target on the utilities provider’s stock, up from their prior price target of $42.00. Credit Suisse Group’s target price points to a potential upside of 57.26% from the company’s current price.

A number of other research firms have also recently commented on PPL. Mizuho lowered their target price on shares of PPL from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Wednesday, July 7th. Zacks Investment Research upgraded shares of PPL from a “strong sell” rating to a “hold” rating and set a $30.00 price objective for the company in a research note on Wednesday, July 7th. Wells Fargo & Company lifted their price objective on shares of PPL from $36.00 to $37.00 and gave the company an “equal weight” rating in a research note on Thursday, May 13th. Morgan Stanley decreased their price objective on shares of PPL from $33.00 to $32.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 20th. Finally, TheStreet cut shares of PPL from a “b” rating to a “c+” rating in a research note on Thursday, May 6th. Nine research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. PPL presently has a consensus rating of “Hold” and a consensus price target of $36.00. Read more …

 


STORE Capital (NYSE:STOR) was downgraded by research analysts at Raymond James from an "outperform" rating to a "market perform" rating in a report released on Wednesday, The Fly reports.

STOR has been the subject of a number of other research reports. Zacks Investment Research lowered shares of STORE Capital from a "buy" rating to a "hold" rating in a research report on Wednesday, May 19th. BMO Capital Markets assumed coverage on shares of STORE Capital in a research report on Thursday, August 5th. They set a "hold" rating and a $33.00 target price for the company. Morgan Stanley upped their target price on shares of STORE Capital from $36.00 to $37.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 3rd. Finally, The Goldman Sachs Group increased their price objective on shares of STORE Capital from $33.00 to $37.00 and gave the company a "neutral" rating in a research report on Friday, May 7th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. The stock has a consensus rating of "Hold" and a consensus price target of $35.80. Read more …

 

 


NVIDIA (NASDAQ:NVDA) was downgraded by equities research analysts at Summit Insights from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Several other analysts have also issued reports on NVDA. Cowen boosted their target price on shares of NVIDIA from $168.75 to $176.25 and gave the company an “outperform” rating in a research report on Thursday, May 27th. Raymond James upped their price objective on NVIDIA from $187.50 to $225.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, June 22nd. Truist upped their price target on NVIDIA from $192.00 to $227.50 and gave the stock a “buy” rating in a research report on Thursday, July 8th. Bank of America lifted their price objective on NVIDIA from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, June 18th. Finally, Jefferies Financial Group raised their target price on shares of NVIDIA from $185.00 to $213.50 and gave the stock a “buy” rating in a research note on Thursday, June 17th. One analyst has rated the stock with a sell rating, four have given a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $197.87. Read more …

 


Pinnacle West Capital (NYSE:PNW) was downgraded by investment analysts at The Goldman Sachs Group from a "neutral" rating to a "sell" rating in a report released on Thursday, The Fly reports.

A number of other brokerages have also commented on PNW. KeyCorp lowered shares of Pinnacle West Capital from a "sector weight" rating to an "underweight" rating and set a $72.00 price objective on the stock. in a research report on Wednesday, August 4th. Williams Capital reissued a "buy" rating on shares of Pinnacle West Capital in a research report on Friday, April 23rd. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $94.00 price target (up from $92.00) on shares of Pinnacle West Capital in a research report on Monday, May 17th. Morgan Stanley upped their price target on shares of Pinnacle West Capital from $83.00 to $85.00 and gave the stock an "equal weight" rating in a research report on Thursday. Finally, TheStreet raised shares of Pinnacle West Capital from a "c+" rating to a "b" rating in a research report on Monday, May 10th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company's stock. Pinnacle West Capital presently has an average rating of "Hold" and a consensus price target of $84.65. Read more …

 


Duke Energy (NYSE:DUK) was downgraded by stock analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a report released on Friday, Briefing.com reports. They currently have a $109.00 price objective on the utilities provider’s stock. Royal Bank of Canada’s price objective indicates a potential upside of 1.98% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on DUK. Vertical Research cut shares of Duke Energy from a “buy” rating to a “hold” rating in a report on Friday, August 6th. KeyCorp lifted their price objective on Duke Energy from $105.00 to $106.00 and gave the stock an “overweight” rating in a report on Tuesday, July 20th. Zacks Investment Research downgraded Duke Energy from a “buy” rating to a “hold” rating and set a $111.00 target price on the stock. in a report on Tuesday, July 27th. Argus upgraded Duke Energy from a “hold” rating to a “buy” rating and set a $106.00 price target for the company in a research note on Friday, June 25th. Finally, Mizuho increased their price objective on shares of Duke Energy from $105.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday. Eleven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Duke Energy currently has an average rating of “Hold” and a consensus target price of $104.62. Read more …

 


Phillips 66 (NYSE:PSX) was downgraded by investment analysts at Cowen from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Friday, FinViz reports. They currently have a $73.00 target price on the oil and gas company’s stock, down from their previous target price of $80.00. Cowen’s price objective would suggest a potential upside of 10.16% from the stock’s current price.

Several other research firms have also weighed in on PSX. Royal Bank of Canada boosted their target price on shares of Phillips 66 from $85.00 to $91.00 and gave the company an “outperform” rating in a research note on Monday, May 3rd. Citigroup dropped their price objective on shares of Phillips 66 from $126.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, July 9th. Piper Sandler upped their target price on shares of Phillips 66 from $89.00 to $92.00 and gave the stock a “neutral” rating in a research report on Friday, July 23rd. They noted that the move was a valuation call. Wells Fargo & Company increased their price objective on Phillips 66 from $96.00 to $97.00 and gave the stock an “overweight” rating in a report on Thursday, June 24th. Finally, reduced their price target on Phillips 66 from $126.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, July 9th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $87.44. Read more …

 

 


TC Energy (NYSE:TRP) (TSE:TRP) was downgraded by equities research analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a research report issued to clients and investors on Friday, The Fly reports.

Several other equities analysts have also recently commented on the company. CIBC boosted their target price on TC Energy from C$70.00 to C$74.00 and gave the stock an "outperform" rating in a research report on Friday, June 18th. Wells Fargo & Company boosted their target price on TC Energy from $66.00 to $68.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 13th. Finally, Morgan Stanley cut TC Energy from an "overweight" rating to an "equal weight" rating and set a $76.00 price objective for the company, in a report on Tuesday, July 20th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. The stock currently has an average rating of "Buy" and a consensus price target of $68.09. Read more …

 

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