Notable Analyst Upgrades and Downgrades for Week of August 30, 2021

 



Upgrades:

 


Halliburton (NYSE:HAL) was upgraded by research analysts at COKER & PALMER from a "sector perform" rating to a "sector outperform" rating in a research note issued to investors on Monday, Zacks.com reports.

A number of other brokerages have also issued reports on HAL. BNP Paribas upgraded shares of Halliburton from an "underperform" rating to a "neutral" rating and set a $23.00 price target on the stock in a research note on Wednesday, July 21st. HSBC upgraded shares of Halliburton from a "reduce" rating to a "hold" rating and upped their target price for the stock from $15.80 to $18.20 in a research note on Thursday, August 5th. Exane BNP Paribas upgraded shares of Halliburton from an "underperform" rating to a "neutral" rating and set a $23.00 target price on the stock in a research note on Wednesday, July 21st. Barclays upped their target price on shares of Halliburton from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 21st. Finally, Citigroup upped their target price on shares of Halliburton from $27.00 to $28.00 and gave the stock a "buy" rating in a research note on Friday, June 25th. Seven research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Halliburton currently has a consensus rating of "Buy" and a consensus price target of $23.51. Read more …

 


Apple (NASDAQ:AAPL) was upgraded by research analysts at Wolfe Research from an “underperform” rating to a “market perform” rating in a research note issued on Wednesday, The Fly reports.

AAPL has been the subject of several other research reports. Zacks Investment Research lowered shares of Apple from a “buy” rating to a “hold” rating and set a $171.00 price target for the company. in a research report on Monday, July 26th. The Goldman Sachs Group reaffirmed a “hold” rating and set a $140.00 price target on shares of Apple in a research report on Tuesday, August 10th. Canaccord Genuity upped their price target on shares of Apple from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, July 28th. Needham & Company LLC started coverage on shares of Apple in a research report on Wednesday, July 28th. They set a “buy” rating and a $170.00 price target for the company. Finally, Loop Capital upped their price target on shares of Apple from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, July 28th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $156.74. Read more …

 


Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by analysts at Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Wednesday, The Fly reports.

Several other brokerages also recently commented on CNI. Stifel Nicolaus started coverage on shares of Canadian National Railway in a research note on Monday, June 21st. They issued a “hold” rating on the stock. CIBC reduced their target price on shares of Canadian National Railway from C$146.00 to C$145.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 14th. Vertical Research upgraded shares of Canadian National Railway from a “hold” rating to a “buy” rating in a research note on Tuesday, May 18th. Wells Fargo & Company reduced their target price on shares of Canadian National Railway from $120.00 to $119.00 and set an “equal weight” rating on the stock in a research note on Friday, July 9th. Finally, Scotiabank upgraded shares of Canadian National Railway from a “sector perform” rating to an “outperform” rating in a research note on Thursday, May 27th. Ten research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, Canadian National Railway currently has an average rating of “Buy” and an average price target of $133.87. Read more …

 

 


PPL (NYSE:PPL) was upgraded by equities researchers at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research note issued on Wednesday, The Fly reports. The firm currently has a $34.00 target price on the utilities provider’s stock, up from their previous target price of $22.00. Wells Fargo & Company‘s price target would indicate a potential upside of 15.84% from the company’s current price.

Other equities analysts also recently issued reports about the company. Zacks Investment Research upgraded PPL from a “strong sell” rating to a “hold” rating and set a $30.00 target price on the stock in a research report on Wednesday, July 7th. Credit Suisse Group downgraded PPL to a “neutral” rating and increased their target price for the stock from $42.00 to $46.00 in a research report on Wednesday, August 18th. Morgan Stanley increased their target price on PPL from $32.00 to $34.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 19th. TheStreet downgraded PPL from a “b” rating to a “c+” rating in a research report on Thursday, May 6th. Finally, Tudor Pickering restated a “buy” rating on shares of PPL in a report on Wednesday, May 5th. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $35.91. Read more …

 


Baxter International (NYSE:BAX) was upgraded by stock analysts at Barclays from an "equal weight" rating to an "overweight" rating in a research report issued on Friday, The Fly reports. The brokerage currently has a $100.00 price target on the medical instruments supplier's stock, up from their prior price target of $93.00. Barclays's price target would indicate a potential upside of 23.37% from the company's previous close.

A number of other brokerages have also recently issued reports on BAX. KeyCorp cut their price objective on Baxter International from $94.00 to $92.00 and set an "overweight" rating for the company in a report on Monday, August 2nd. The Goldman Sachs Group cut their price objective on Baxter International from $93.00 to $80.00 and set a "neutral" rating for the company in a report on Tuesday, August 3rd. Piper Sandler cut their price objective on Baxter International from $85.00 to $82.00 and set a "neutral" rating for the company in a report on Thursday, July 29th. Finally, Stifel Nicolaus lowered their target price on Baxter International from $95.00 to $90.00 and set a "buy" rating for the company in a research note on Thursday, July 29th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $90.45. Read more …

 

 

Downgrades:

 


American Water Works (NYSE:AWK) was downgraded by equities researchers at HSBC from a "buy" rating to a "hold" rating in a research note issued on Wednesday, The Fly reports. They presently have a $190.00 target price on the utilities provider's stock, up from their previous target price of $181.00. HSBC's target price indicates a potential upside of 4.25% from the company's previous close. The analysts noted that the move was a valuation call.

A number of other research firms have also recently issued reports on AWK. Argus raised shares of American Water Works from a "hold" rating to a "buy" rating and set a $205.00 price target on the stock in a research note on Friday, August 6th. US Capital Advisors cut shares of American Water Works from an "overweight" rating to a "hold" rating in a research note on Friday, August 13th. Janney Montgomery Scott cut shares of American Water Works from a "buy" rating to a "neutral" rating and lifted their price target for the company from $159.00 to $181.00 in a research note on Wednesday, August 4th. Finally, Barclays lifted their price target on shares of American Water Works from $170.00 to $174.00 and gave the company an "equal weight" rating in a research note on Thursday, July 15th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, American Water Works presently has a consensus rating of "Hold" and an average price target of $182.00. Read more …

 

 


Anheuser-Busch InBev SA/NV (NYSE:BUD) was downgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a report issued on Wednesday, The Fly reports. They presently have a $57.00 target price on the consumer goods maker’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 8.49% from the company’s current price. The analysts noted that the move was a valuation call.

A number of other equities analysts have also issued reports on BUD. Bryan, Garnier & Co raised Anheuser-Busch InBev SA/NV from a “sell” rating to a “buy” rating in a research report on Thursday, May 6th. Zacks Investment Research lowered Anheuser-Busch InBev SA/NV from a “hold” rating to a “sell” rating and set a $67.00 target price on the stock. in a research report on Monday, August 2nd. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, July 7th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, July 30th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $75.50. Read more …

 


DTE Energy (NYSE:DTE) was downgraded by research analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating in a report issued on Wednesday, The Fly reports. They currently have a $128.00 price target on the utilities provider's stock. Wells Fargo & Company's target price indicates a potential upside of 6.37% from the company's previous close. The analysts noted that the move was a valuation call.

A number of other analysts have also commented on the stock. Mizuho lifted their price target on shares of DTE Energy from $123.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, August 5th. Bank of America reiterated an "underperform" rating and issued a $131.00 price target on shares of DTE Energy in a research note on Monday, May 10th. Barclays began coverage on shares of DTE Energy in a research note on Wednesday, July 14th. They issued a "hold" rating and a $125.00 price target for the company. UBS Group upgraded shares of DTE Energy from a "neutral" rating to a "buy" rating and reduced their price target for the stock from $144.00 to $127.00 in a research note on Tuesday, July 6th. They noted that the move was a valuation call. Finally, Morgan Stanley lifted their price target on shares of DTE Energy from $123.00 to $128.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 19th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, DTE Energy currently has an average rating of "Hold" and a consensus price target of $130.23. Read more …

 


Kansas City Southern (NYSE:KSU) was downgraded by research analysts at Loop Capital from a "buy" rating to a "hold" rating in a research note issued to investors on Wednesday, The Fly reports.

KSU has been the subject of several other reports. Barclays downgraded Kansas City Southern from an "equal weight" rating to an "underweight" rating and lifted their target price for the stock from $265.00 to $310.00 in a research note on Friday, May 28th. Raymond James reduced their price target on Kansas City Southern from $286.00 to $281.00 and set an "outperform" rating for the company in a research note on Thursday, July 15th. downgraded Kansas City Southern from a "buy" rating to a "neutral" rating and boosted their price target for the company from $275.00 to $305.00 in a research note on Tuesday, June 29th. TheStreet downgraded Kansas City Southern from a "b" rating to a "c+" rating in a research note on Monday, August 16th. Finally, Citigroup downgraded Kansas City Southern from a "buy" rating to a "neutral" rating and boosted their price target for the company from $275.00 to $305.00 in a research note on Tuesday, June 29th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $260.64. Read more …

 

 


Unilever (NYSE:UL) was downgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a report issued on Thursday, The Fly reports.

Separately, Zacks Investment Research lowered Unilever from a “buy” rating to a “hold” rating in a research report on Saturday, July 3rd.

Shares of Unilever stock opened at $56.02 on Thursday. Unilever has a 1 year low of $51.98 and a 1 year high of $63.89. The firm has a market cap of $147.29 billion, a PE ratio of 19.80, a P/E/G ratio of 5.01 and a beta of 0.48. The stock has a fifty day moving average price of $57.71 and a 200-day moving average price of $57.62.

Hedge funds have recently bought and sold shares of the business. Focused Wealth Management Inc grew its holdings in Unilever by 68.1% during the 1st quarter. Focused Wealth Management Inc now owns 454 shares of the company’s stock valued at $25,000 after buying an additional 184 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Unilever by 87.7% during the 1st quarter. Read more …

 


Broadcom (NASDAQ:AVGO) was downgraded by equities researchers at Summit Redstone to a “hold” rating in a research report issued on Friday, TipRanks reports.

Several other analysts have also issued reports on the stock. lifted their target price on shares of Broadcom from $500.00 to $528.00 and gave the company a “buy” rating in a research report on Friday, June 4th. Morgan Stanley lifted their target price on shares of Broadcom from $555.00 to $572.00 and gave the company an “overweight” rating in a research report on Friday. Piper Sandler lifted their target price on shares of Broadcom from $525.00 to $550.00 and gave the company an “overweight” rating in a research report on Friday. Mizuho lifted their target price on shares of Broadcom from $520.00 to $545.00 and gave the company a “buy” rating in a research report on Friday. Finally, Susquehanna lifted their target price on shares of Broadcom from $580.00 to $590.00 and gave the company a “positive” rating in a research report on Friday. Seven research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. According to MarketBeat.com, Broadcom currently has an average rating of “Buy” and an average target price of $537.30. Read more …

 


The Clorox (NYSE:CLX) was downgraded by investment analysts at Argus from a "buy" rating to a "hold" rating in a report issued on Friday, The Fly reports.

Several other research firms have also recently commented on CLX. Wells Fargo & Company cut their target price on shares of The Clorox from $170.00 to $155.00 and set an "underweight" rating for the company in a research note on Wednesday, August 4th. UBS Group dropped their price objective on shares of The Clorox from $166.00 to $154.00 and set a "sell" rating for the company in a research note on Wednesday, August 4th. They noted that the move was a valuation call. Credit Suisse Group dropped their price objective on shares of The Clorox from $175.00 to $160.00 and set a "neutral" rating for the company in a research note on Wednesday, August 4th. Royal Bank of Canada dropped their price objective on shares of The Clorox from $200.00 to $176.00 and set a "sector perform" rating for the company in a research note on Wednesday, August 4th. Finally, Zacks Investment Research cut shares of The Clorox from a "hold" rating to a "strong sell" rating and set a $139.00 price objective for the company. in a research note on Friday, August 6th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $182.44. Read more …

 

 


Thomson Reuters (NYSE:TRI) (TSE:TRI) was downgraded by stock analysts at TD Securities from a “buy” rating to a “hold” rating in a research note issued on Friday, Price Targets.com reports. They currently have a $160.00 target price on the business services provider’s stock, up from their prior target price of $155.00. TD Securities’ price objective would suggest a potential upside of 34.47% from the stock’s previous close. The analysts noted that the move was a valuation call.

A number of other research analysts have also commented on TRI. BMO Capital Markets increased their price objective on Thomson Reuters from $130.00 to $151.00 and gave the company an “outperform” rating in a report on Friday, August 6th. Zacks Investment Research raised Thomson Reuters from a “sell” rating to a “hold” rating in a report on Tuesday, August 10th. Canaccord Genuity lowered Thomson Reuters from a “buy” rating to a “hold” rating and increased their price objective for the company from $102.00 to $108.00 in a report on Friday, August 6th. National Bank Financial increased their price objective on Thomson Reuters from C$145.00 to C$162.00 and gave the company a “sector perform” rating in a report on Thursday. Finally, CIBC increased their price objective on Thomson Reuters from $95.00 to $102.00 and gave the company a “neutral” rating in a report on Monday, May 10th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $122.40. Read more …

 

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