Notable Analyst Upgrades and Downgrades for Week of September 13, 2021



 

Upgrades:

 


Bank of America (NYSE:BAC) was upgraded by stock analysts at Odeon Capital Group from a "hold" rating to a "buy" rating in a research report issued on Monday, The Fly reports. The brokerage presently has a $46.50 price target on the financial services provider's stock. Odeon Capital Group's price target indicates a potential upside of 15.47% from the stock's previous close.

Several other equities research analysts have also commented on the company. Evercore ISI restated a "buy" rating and issued a $43.00 price objective on shares of Bank of America in a research note on Friday, July 2nd. Truist Securities started coverage on Bank of America in a research note on Wednesday, June 2nd. They issued a "buy" rating for the company. Royal Bank of Canada set a $37.69 price objective on Bank of America and gave the stock a "buy" rating in a research note on Wednesday, July 21st. Credit Suisse Group upped their price objective on Bank of America from $46.00 to $47.00 and gave the stock an "outperform" rating in a research note on Friday, July 16th. Finally, Morgan Stanley upped their price objective on Bank of America from $38.00 to $42.00 and gave the stock an "underweight" rating in a research note on Thursday, July 29th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $40.42. Read more …

 


Baxter International (NYSE:BAX) was upgraded by research analysts at Cowen from a “market perform” rating to an “outperform” rating in a research report issued on Monday, The Fly reports. The brokerage presently has a $98.00 price objective on the medical instruments supplier’s stock. Cowen’s price objective suggests a potential upside of 21.11% from the company’s previous close.

BAX has been the topic of a number of other research reports. SVB Leerink reissued a “buy” rating on shares of Baxter International in a report on Sunday, September 5th. Piper Sandler reduced their price target on shares of Baxter International from $85.00 to $82.00 and set a “neutral” rating for the company in a research report on Thursday, July 29th. Stifel Nicolaus decreased their price objective on shares of Baxter International from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Thursday, July 29th. Barclays upgraded Baxter International from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $93.00 to $100.00 in a research report on Friday, September 3rd. Finally, KeyCorp lowered their price objective on Baxter International from $94.00 to $92.00 and set an “overweight” rating on the stock in a report on Monday, August 2nd. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, Baxter International currently has an average rating of “Buy” and an average target price of $91.08. Read more …

 


Canadian Western Bank (TSE:CWB) was upgraded by equities research analysts at Raymond James from a "market perform" rating to an "outperform" rating in a research note issued on Monday, Price Targets.com reports. The firm currently has a C$41.00 price objective on the stock, up from their previous price objective of C$39.25. Raymond James' price target indicates a potential upside of 13.04% from the company's previous close.

CWB has been the subject of a number of other research reports. National Bankshares upped their target price on shares of Canadian Western Bank from C$40.00 to C$41.00 and gave the stock a "sector perform" rating in a research report on Monday, August 30th. Barclays upgraded shares of Canadian Western Bank from a "neutral" rating to an "overweight" rating and set a C$37.00 price objective for the company in a research report on Friday, May 28th. BMO Capital Markets increased their price objective on shares of Canadian Western Bank from C$37.00 to C$41.00 and gave the company a "market perform" rating in a research report on Monday, May 31st. Credit Suisse Group increased their target price on shares of Canadian Western Bank to C$45.00 and gave the company a "sector peform" rating in a research note on Wednesday, September 1st. Finally, CIBC increased their target price on shares of Canadian Western Bank from C$42.00 to C$44.00 and gave the company an "outperform" rating in a research note on Monday, August 30th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Canadian Western Bank presently has a consensus rating of "Buy" and an average target price of C$41.17. Read more …

 

 


Apple (NASDAQ:AAPL) was upgraded by analysts at Oppenheimer to an “outperform” rating in a note issued to investors on Wednesday, The Fly reports. The brokerage currently has a $165.00 price target on the iPhone maker’s stock. Oppenheimer’s target price would indicate a potential upside of 11.40% from the stock’s current price.

AAPL has been the subject of a number of other reports. Jefferies Financial Group started coverage on shares of Apple in a research note on Monday. They issued a “buy” rating and a $175.00 price objective for the company. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Apple from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, July 28th. Sanford C. Bernstein reaffirmed a “hold” rating and set a $132.00 price objective on shares of Apple in a report on Tuesday, August 10th. Barclays lifted their price objective on shares of Apple from $134.00 to $142.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 28th. They noted that the move was a valuation call. Finally, Morgan Stanley lifted their target price on shares of Apple from $166.00 to $168.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $160.88. Read more …

 


American Express (NYSE:AXP) was upgraded by stock analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage currently has a $169.00 target price on the payment services company’s stock. Bank of America‘s target price suggests a potential upside of 4.75% from the company’s previous close.

AXP has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft upped their price target on American Express from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Monday, July 26th. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $160.00 price objective on shares of American Express in a research report on Monday, June 7th. The Goldman Sachs Group upgraded American Express from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $185.00 to $225.00 in a research report on Tuesday, July 6th. Daiwa Capital Markets lowered American Express from an “outperform” rating to a “neutral” rating and set a $180.00 price objective for the company. in a research report on Thursday, August 12th. Finally, Oppenheimer reiterated a “buy” rating and issued a $173.18 price objective on shares of American Express in a research report on Sunday, July 25th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $166.67. Read more …

 


Anheuser-Busch InBev SA/NV (NYSE:BUD) was upgraded by Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a note issued to investors on Thursday, The Fly reports.

A number of other equities analysts have also recently weighed in on the company. Zacks Investment Research cut Anheuser-Busch InBev SA/NV from a "hold" rating to a "sell" rating and set a $67.00 price target for the company. in a report on Monday, August 2nd. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, July 30th. Morgan Stanley reissued an "equal weight" rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, August 9th. Barclays reissued an "overweight" rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, July 30th. Finally, Argus upped their price target on Anheuser-Busch InBev SA/NV from $65.00 to $88.00 and gave the company a "buy" rating in a research report on Friday, June 18th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $75.50. Read more …

 

 


Cisco Systems (NASDAQ:CSCO) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, The Fly reports. The firm currently has a $74.00 price objective on the network equipment provider’s stock. Credit Suisse Group’s price target points to a potential upside of 28.56% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. William Blair reaffirmed a “market perform” rating on shares of Cisco Systems in a research report on Thursday, May 20th. Citigroup upped their price objective on shares of Cisco Systems from $50.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, August 19th. JMP Securities reissued a “hold” rating on shares of Cisco Systems in a research note on Thursday. Raymond James increased their price target on shares of Cisco Systems from $55.00 to $57.00 and gave the company an “outperform” rating in a research note on Thursday, August 19th. Finally, DZ Bank reissued a “hold” rating and set a $51.00 price target on shares of Cisco Systems in a research note on Thursday, May 27th. Eleven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Cisco Systems has a consensus rating of “Buy” and an average target price of $57.05. Read more …

 


DTE Energy (NYSE:DTE) was upgraded by research analysts at Evercore ISI to an "outperform" rating in a note issued to investors on Friday, The Fly reports.

A number of other brokerages also recently commented on DTE. Mizuho upped their target price 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. Barclays started coverage on shares of DTE Energy in a research note on Wednesday, July 14th. They set a "hold" rating and a $125.00 price objective on the stock. The Goldman Sachs Group upgraded shares of DTE Energy from a "buy" rating to a "conviction-buy" rating in a research note on Tuesday, July 13th. Morgan Stanley increased their price objective on shares of DTE Energy from $123.00 to $128.00 and gave the company an "equal weight" rating in a research note on Thursday, August 19th. Finally, UBS Group upgraded shares of DTE Energy from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $144.00 to $127.00 in a research note on Tuesday, July 6th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, DTE Energy presently has a consensus rating of "Hold" and an average target price of $130.23. Read more …

 


HSBC (NYSE:HSBC) was upgraded by analysts at Barclays from an “underweight” rating to an “overweight” rating in a research report issued on Friday, The Fly reports.

Several other brokerages have also recently issued reports on HSBC. JPMorgan Chase & Co. raised HSBC from a “neutral” rating to a “buy” rating in a research report on Wednesday, August 4th. Royal Bank of Canada upgraded HSBC from a “sector perform” rating to an “outperform” rating in a report on Friday. upgraded HSBC from a “neutral” rating to a “buy” rating in a report on Tuesday, June 15th. Zacks Investment Research upgraded HSBC from a “sell” rating to a “hold” rating and set a $30.00 price target on the stock in a report on Tuesday, August 17th. Finally, Investec upgraded HSBC from a “hold” rating to a “buy” rating in a research note on Thursday, July 29th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $30.00. Read more …

 

 

 

Downgrades:

 


General Mills (NYSE:GIS) was downgraded by Credit Suisse Group from an "outperform" rating to a "neutral" rating in a report issued on Monday, The Fly reports. They presently have a $63.00 price target on the stock, down from their prior price target of $68.00. Credit Suisse Group's price objective indicates a potential upside of 7.82% from the stock's previous close.

GIS has been the topic of several other reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of General Mills in a research report on Wednesday, June 9th. Jefferies Financial Group assumed coverage on General Mills in a research report on Wednesday, June 30th. They issued a "hold" rating and a $63.00 target price on the stock. Finally, Royal Bank of Canada reaffirmed a "hold" rating and issued a $65.00 target price on shares of General Mills in a research report on Monday, June 28th. Seven 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.com, the stock has a consensus rating of "Hold" and an average price target of $63.89. Read more …

 


NIKE (NYSE:NKE) was downgraded by stock analysts at BTIG Research from a "buy" rating to a "neutral" rating in a research note issued to investors on Monday, The Fly reports.

NKE has been the topic of several other research reports. Pivotal Research upped their price objective on shares of NIKE from $167.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, June 25th. Robert W. Baird raised their price objective on NIKE from $150.00 to $192.00 and gave the company an "outperform" rating in a research report on Friday, June 25th. Credit Suisse Group lifted their price target on NIKE from $165.00 to $183.00 and gave the stock an "outperform" rating in a research report on Friday, June 25th. Deutsche Bank Aktiengesellschaft lifted their price objective on NIKE from $161.00 to $179.00 and gave the stock a "buy" rating in a report on Friday, June 25th. Finally, Oppenheimer lifted their price objective on NIKE from $150.00 to $195.00 and gave the stock an "outperform" rating in a report on Friday, July 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twenty-nine have given a buy rating to the company. Based on data from MarketBeat, NIKE presently has an average rating of "Buy" and an average target price of $173.26. Read more …

 


Omega Healthcare Investors (NYSE:OHI) was downgraded by equities researchers at JMP Securities from an “outperform” rating to a “market perform” rating in a report issued on Monday, Price Targets.com reports.

Other equities analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Wednesday, August 18th. Capital One Financial downgraded shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and set a $38.00 target price for the company. in a research note on Wednesday, August 4th. Wolfe Research began coverage on shares of Omega Healthcare Investors in a research report on Monday, June 14th. They set a “peer perform” rating and a $43.00 price target on the stock. Bank of America cut shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $37.00 to $33.00 in a research report on Thursday, August 26th. Finally, Wells Fargo & Company lifted their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock an “overweight” rating in a report on Friday, July 23rd. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.00. Read more …

 

 


TC Energy (NYSE:TRP) (TSE:TRP) was downgraded by equities researchers at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday, The Fly reports.

Several other brokerages have also issued reports on TRP. JPMorgan Chase & Co. reissued a “hold” rating and set a C$68.00 price objective on shares of TC Energy in a report on Monday, August 23rd. Morgan Stanley lowered shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a $76.00 price objective on the stock. in a report on Tuesday, July 20th. Finally, CIBC lifted their price objective on shares of TC Energy from C$70.00 to C$74.00 and gave the company an “outperform” rating in a report on Friday, June 18th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $68.08. Read more …

 


Eaton (NYSE:ETN) was downgraded by analysts at HSBC from a "buy" rating to a "hold" rating in a research report issued on Tuesday, Price Targets.com reports. They currently have a $153.00 price objective on the industrial products company's stock. HSBC's price objective would indicate a potential downside of 3.33% from the company's previous close.

A number of other analysts have also recently commented on the company. Royal Bank of Canada upped their price objective on Eaton from $146.00 to $154.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 4th. Credit Suisse Group upped their price objective on Eaton from $163.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, August 4th. Morgan Stanley boosted their price target on Eaton from $180.00 to $187.00 and gave the company an "overweight" rating in a report on Wednesday, August 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Eaton from $166.00 to $169.00 and gave the company a "buy" rating in a report on Wednesday, July 14th. Finally, Argus boosted their price target on Eaton from $165.00 to $185.00 and gave the company a "buy" rating in a report on Tuesday, August 10th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Eaton currently has a consensus rating of "Buy" and an average target price of $161.06. Read more …

 


Chevron (NYSE:CVX) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Wednesday, The Fly reports. They presently have a $111.00 price target on the oil and gas company’s stock, down from their previous price target of $128.00. JPMorgan Chase & Co.‘s target price suggests a potential upside of 15.38% from the company’s previous close.

A number of other equities analysts also recently weighed in on the company. Royal Bank of Canada lowered their price target on Chevron from $135.00 to $130.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 25th. Raymond James boosted their price target on Chevron from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Monday, August 2nd. HSBC downgraded Chevron from a “buy” rating to a “hold” rating and lowered their price target for the stock from $127.00 to $112.00 in a research report on Thursday, July 22nd. Morgan Stanley boosted their price objective on Chevron from $127.00 to $149.00 and gave the stock an “overweight” rating in a report on Friday, June 18th. Finally, Truist boosted their price objective on Chevron from $130.00 to $144.00 and gave the stock a “buy” rating in a report on Thursday, July 1st. They noted that the move was a valuation call. Eleven research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $118.29. Read more …

 

 


Albemarle (NYSE:ALB) was downgraded by HSBC from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, The Fly reports.

A number of other research firms also recently weighed in on ALB. UBS Group increased their target price on shares of Albemarle from $240.00 to $290.00 and gave the company a “buy” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft increased their target price on shares of Albemarle from $245.00 to $270.00 and gave the company a “buy” rating in a research report on Monday. Zacks Investment Research raised shares of Albemarle from a “hold” rating to a “buy” rating and set a $197.00 target price for the company in a research report on Tuesday, July 13th. Wells Fargo & Company increased their target price on shares of Albemarle from $225.00 to $270.00 and gave the company an “equal weight” rating in a research report on Monday. Finally, Bank of America increased their target price on shares of Albemarle from $121.00 to $140.00 and gave the company an “underperform” rating 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, seven have assigned a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $199.95. Read more …

 

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