Notable Analyst Upgrades and Downgrades for Week of September 20, 2021



 

Upgrades:

 


Colgate-Palmolive (NYSE:CL) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report issued on Monday, The Fly reports.

Other research analysts also recently issued reports about the stock. Credit Suisse Group raised shares of Colgate-Palmolive from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $80.00 to $95.00 in a research report on Wednesday, June 9th. Evercore ISI reissued a "buy" rating and set a $95.00 price objective on shares of Colgate-Palmolive in a research report on Sunday, June 20th. Finally, UBS Group assumed coverage on shares of Colgate-Palmolive in a research report on Wednesday, June 23rd. They set a "buy" rating and a $95.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $85.54. Read more …

 


Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by equities research analysts at TD Securities from a “hold” rating to a “buy” rating in a report released on Monday, The Fly reports.

Several other analysts also recently weighed in on CNI. Credit Suisse Group dropped their target price on shares of Canadian National Railway from $121.00 to $112.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 21st. Desjardins dropped their target price on shares of Canadian National Railway from C$147.00 to C$145.00 and set a “hold” rating on the stock in a research report on Wednesday, May 26th. Barclays dropped their target price on shares of Canadian National Railway from $119.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 14th. National Bank Financial upped their price objective on shares of Canadian National Railway from C$139.00 to C$144.00 and gave the company a “sector perform” rating in a report on Monday. Finally, Loop Capital downgraded shares of Canadian National Railway from a “buy” rating to a “hold” rating and set a $157.00 price objective on the stock. in a report on Wednesday, September 1st. Eleven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $139.06. Read more …

 


National Bank of Canada (TSE:NA) was upgraded by stock analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Monday, Price Targets.com reports. The firm currently has a C$40.00 price objective on the financial services provider’s stock. Piper Sandler’s price objective indicates a potential downside of 58.24% from the stock’s previous close.

A number of other analysts also recently issued reports on the company. Credit Suisse Group reaffirmed a “neutral” rating on shares of National Bank of Canada in a research note on Thursday, September 2nd. CIBC increased their price target on National Bank of Canada from C$98.00 to C$102.00 and gave the stock a “neutral” rating in a report on Thursday, August 26th. CSFB increased their price target on National Bank of Canada from C$106.00 to C$110.00 in a report on Wednesday, September 1st. Royal Bank of Canada increased their price target on National Bank of Canada from C$97.00 to C$99.00 and gave the stock a “sector perform” rating in a report on Thursday, August 26th. Finally, TD Securities lowered their price target on National Bank of Canada from C$100.00 to C$99.00 and set a “hold” rating for the company in a report on Thursday, August 26th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$98.85. Read more …

 

 


ABB (NYSE:ABB) was upgraded by analysts at Exane BNP Paribas to a "neutral" rating in a note issued to investors on Tuesday, The Fly reports. The brokerage currently has a CHF 37 price target on the industrial products company's stock.

Other analysts also recently issued reports about the company. Kepler Capital Markets upgraded ABB from a "hold" rating to a "buy" rating and set a $36.00 price target for the company in a research note on Friday, July 2nd. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of ABB in a research note on Tuesday, July 27th. JPMorgan Chase & Co. set a $36.78 target price on ABB and gave the company a "neutral" rating in a research report on Friday, July 23rd. HSBC upgraded ABB from a "hold" rating to a "buy" rating in a research report on Thursday, May 27th. Finally, Barclays set a $36.78 target price on ABB and gave the company an "equal weight" rating in a research report on Friday, July 23rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $35.88. Read more …

 


Energy Transfer (NYSE:ET) was upgraded by equities researchers at Tudor Pickering from a “hold” rating to a “buy” rating in a report released on Tuesday, The Fly reports.

ET has been the topic of a number of other research reports. Raymond James raised their target price on Energy Transfer from $12.00 to $13.00 and gave the company a “strong-buy” rating in a report on Wednesday, July 21st. Zacks Investment Research downgraded Energy Transfer from a “buy” rating to a “hold” rating in a research report on Friday, August 6th. Citigroup increased their price target on Energy Transfer from $14.00 to $15.00 and gave the company a “buy” rating in a research report on Tuesday, September 14th. Finally, Wolfe Research raised Energy Transfer from a “peer perform” rating to an “outperform” rating and increased their price target for the company from $12.00 to $13.00 in a research report on Friday, July 16th. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Energy Transfer currently has a consensus rating of “Buy” and an average target price of $12.64. Read more …

 


Accenture (NYSE:ACN) was upgraded by investment analysts at Moffett Nathanson from a “neutral” rating to a “buy” rating in a research note issued on Wednesday, Briefing.com reports. The firm currently has a $405.00 target price on the information technology services provider’s stock. Moffett Nathanson’s price objective would indicate a potential upside of 22.30% from the stock’s previous close.

A number of other research analysts have also commented on ACN. Societe Generale upped their price objective on Accenture from $313.00 to $329.00 and gave the company a “buy” rating in a report on Tuesday, June 15th. Royal Bank of Canada increased their target price on Accenture from $301.00 to $322.00 and gave the company an “outperform” rating in a research report on Friday, June 25th. Robert W. Baird reaffirmed a “hold” rating on shares of Accenture in a research note on Sunday. Exane BNP Paribas raised Accenture from a “neutral” rating to an “outperform” rating in a research note on Wednesday, June 23rd. Finally, Morgan Stanley lifted their target price on Accenture from $330.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, September 10th. Six equities research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $329.67. Read more …

 

 


Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was upgraded by stock analysts at Raymond James to an “outperform” rating in a research note issued on Wednesday, The Fly reports.

Other research analysts also recently issued reports about the stock. Tudor Pickering reaffirmed a “buy” rating and set a $44.00 price objective on shares of Brookfield Renewable Partners in a research report on Thursday, August 5th. Barclays boosted their price objective on shares of Brookfield Renewable Partners from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday, August 6th. TheStreet raised shares of Brookfield Renewable Partners from a “d+” rating to a “c” rating in a research report on Tuesday, August 17th. Mizuho boosted their price objective on shares of Brookfield Renewable Partners from $44.00 to $49.00 and gave the company a “neutral” rating in a research report on Wednesday, August 25th. They noted that the move was a valuation call. Finally, Zacks Investment Research upgraded shares of Brookfield Renewable Partners from a “sell” rating to a “hold” rating in a research note on Friday, August 6th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Brookfield Renewable Partners presently has a consensus rating of “Hold” and an average target price of $41.89. Read more …

 


Simon Property Group (NYSE:SPG) was upgraded by equities research analysts at Argus from a "hold" rating to a "buy" rating in a research note issued to investors on Wednesday, The Fly reports. The brokerage presently has a $142.00 price target on the real estate investment trust's stock. Argus' price target points to a potential upside of 8.91% from the stock's current price.

SPG has been the topic of a number of other reports. Stifel Nicolaus raised Simon Property Group from a "hold" rating to a "buy" rating and lifted their price objective for the company from $125.00 to $132.00 in a report on Monday, July 19th. Bank of America raised Simon Property Group from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $141.00 to $150.00 in a report on Wednesday, August 4th. Piper Sandler lifted their price objective on Simon Property Group from $150.00 to $165.00 and gave the company an "overweight" rating in a report on Wednesday, September 1st. Morgan Stanley lifted their price objective on Simon Property Group from $150.00 to $161.00 and gave the company an "overweight" rating in a report on Friday, August 13th. Finally, UBS Group assumed coverage on Simon Property Group in a report on Thursday, June 3rd. They set a "neutral" rating and a $135.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Simon Property Group presently has an average rating of "Hold" and an average price target of $135.11. Read more …

 


General Dynamics (NYSE:GD) was upgraded by equities research analysts at The Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued on Thursday, The Fly reports. The brokerage currently has a $176.00 target price on the aerospace company’s stock. The Goldman Sachs Group’s price target would indicate a potential downside of 9.16% from the stock’s current price.

Several other research firms also recently commented on GD. Wells Fargo & Company lifted their price objective on General Dynamics from $216.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, July 30th. Credit Suisse Group lifted their price objective on General Dynamics from $182.00 to $198.00 and gave the stock a “neutral” rating in a report on Thursday, July 29th. Cowen reiterated a “buy” rating on shares of General Dynamics in a report on Monday, August 9th. Finally, Zacks Investment Research upgraded General Dynamics from a “hold” rating to a “buy” rating and set a $208.00 price target on the stock in a report on Thursday, August 5th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $204.83. Read more …

 

 


Northrop Grumman (NYSE:NOC) was upgraded by The Goldman Sachs Group from a "sell" rating to a "neutral" rating in a report issued on Thursday, The Fly reports.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus raised Northrop Grumman from a "hold" rating to a "buy" rating and increased their price target for the stock from $350.00 to $475.00 in a report on Friday, June 4th. Wells Fargo & Company raised their target price on Northrop Grumman from $330.00 to $335.00 and gave the company an "underweight" rating in a report on Monday, August 2nd. Seaport Global Securities raised their target price on Northrop Grumman from $398.00 to $419.00 and gave the company a "buy" rating in a report on Monday, July 19th. Finally, Zacks Investment Research raised Northrop Grumman from a "hold" rating to a "buy" rating and set a $391.00 target price for the company in a report on Tuesday, July 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, Northrop Grumman presently has an average rating of "Buy" and a consensus price target of $399.10. Read more …

 


ONEOK (NYSE:OKE) was upgraded by research analysts at Sanford C. Bernstein from a "market perform" rating to an "outperform" rating in a research report issued to clients and investors on Thursday, The Fly reports.

Several other research analysts have also recently commented on OKE. Citigroup increased their price target on ONEOK from $49.00 to $57.00 and gave the company a "neutral" rating in a research report on Tuesday, June 8th. Wells Fargo & Company raised their price objective on ONEOK from $59.00 to $60.00 and gave the stock an "overweight" rating in a research note on Thursday, June 24th. Zacks Investment Research lowered ONEOK from a "buy" rating to a "hold" rating and set a $56.00 price objective on the stock. in a research note on Friday, July 23rd. raised their price objective on ONEOK from $49.00 to $57.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 8th. Finally, Credit Suisse Group raised their price objective on ONEOK from $54.00 to $56.00 and gave the stock a "neutral" rating in a research note on Monday, August 9th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $48.43. Read more …

 


Ventas (NYSE:VTR) was upgraded by research analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a research report issued on Thursday, The Fly reports. The firm presently has a $67.00 price target on the real estate investment trust’s stock, up from their prior price target of $65.00. Raymond James’ target price suggests a potential upside of 19.20% from the company’s previous close.

A number of other analysts have also commented on the stock. Royal Bank of Canada upped their price objective on shares of Ventas from $62.00 to $65.00 and gave the company an “outperform” rating in a research note on Wednesday, June 30th. Wolfe Research started coverage on shares of Ventas in a research note on Monday, June 14th. They set an “outperform” rating and a $71.00 price objective for the company. Bank of America lowered shares of Ventas from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $66.00 to $62.00 in a research note on Thursday, July 1st. Deutsche Bank Aktiengesellschaft raised shares of Ventas from a “hold” rating to a “buy” rating and upped their price objective for the company from $61.00 to $66.00 in a research note on Tuesday, September 7th. Finally, Mizuho reaffirmed a “neutral” rating and set a $45.00 price objective on shares of Ventas in a research note on Wednesday, July 14th. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $58.82. Read more …

 

 

 

Downgrades:

 


Novartis (NYSE:NVS) was downgraded by stock analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Monday, Analyst Price Targets reports.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Novartis in a research report on Wednesday, July 28th. Zacks Investment Research lowered Novartis from a "hold" rating to a "sell" rating and set a $96.00 price objective on the stock. in a research note on Monday, July 26th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Novartis has a consensus rating of "Hold" and an average price target of $104.33.

Shares of NVS traded down $0.37 during mid-day trading on Monday, hitting $83.11. The company's stock had a trading volume of 80,599 shares, compared to its average volume of 1,871,680. The firm has a 50-day simple moving average of $91.04 and a 200 day simple moving average of $89.37. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $185.90 billion, a P/E ratio of 21.13, a P/E/G ratio of 2.07 and a beta of 0.54. Novartis has a 1-year low of $77.04 and a 1-year high of $98.52. Read more …

 


Texas Instruments (NASDAQ:TXN) was downgraded by stock analysts at Longbow Research from a "buy" rating to a "neutral" rating in a note issued to investors on Monday, Price Targets.com reports.

Other equities research analysts have also issued research reports about the stock. Rosenblatt Securities upped their target price on shares of Texas Instruments from $220.00 to $230.00 and gave the stock a "buy" rating in a report on Thursday, July 22nd. Citigroup raised their target price on shares of Texas Instruments from $215.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday, July 15th. Susquehanna Bancshares upped their price target on Texas Instruments from $220.00 to $230.00 and gave the company a "positive" rating in a research report on Thursday, July 1st. Raymond James boosted their price objective on Texas Instruments from $220.00 to $230.00 and gave the stock an "outperform" rating in a research note on Thursday, July 22nd. Finally, Summit Insights downgraded shares of Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, July 22nd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $203.88. Read more …

 


General Mills (NYSE:GIS) was downgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report released on Tuesday, The Fly reports.

Several other research firms have also issued reports on GIS. Royal Bank of Canada reiterated a “hold” rating and set a $65.00 price objective on shares of General Mills in a research note on Monday, June 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of General Mills in a research note on Wednesday, June 9th. Jefferies Financial Group initiated coverage on General Mills in a research note on Wednesday, June 30th. They set a “hold” rating and a $63.00 price objective for the company. Finally, Credit Suisse Group lowered General Mills from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $68.00 to $63.00 in a research note on Monday, September 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $63.89. Read more …

 

 


FedEx (NYSE:FDX) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

A number of other research firms have also recently commented on FDX. Stifel Nicolaus began coverage on FedEx in a research report on Monday, June 21st. They set a “buy” rating and a $344.00 target price on the stock. BMO Capital Markets lifted their target price on FedEx from $305.00 to $315.00 and gave the stock a “market perform” rating in a research report on Friday, June 25th. Berenberg Bank set a $350.00 target price on FedEx and gave the stock a “buy” rating in a research report on Wednesday. Barclays lifted their target price on FedEx from $360.00 to $375.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 23rd. Finally, Morgan Stanley lifted their target price on FedEx from $265.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Friday, June 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, FedEx presently has a consensus rating of “Buy” and an average price target of $342.08. Read more …

 


Amgen (NASDAQ:AMGN) was downgraded by analysts at Daiwa Capital Markets from an "outperform" rating to a "neutral" rating in a research report issued to clients and investors on Thursday, The Fly reports. They presently have a $220.00 price target on the medical research company's stock. Daiwa Capital Markets' price target indicates a potential upside of 2.98% from the company's current price.

Several other research analysts also recently commented on the company. Zacks Investment Research upgraded Amgen from a "sell" rating to a "hold" rating and set a $255.00 price objective on the stock in a report on Tuesday, June 29th. BMO Capital Markets lifted their price objective on Amgen from $296.00 to $301.00 and gave the stock an "outperform" rating in a report on Monday, May 31st. Mizuho started coverage on Amgen in a report on Friday, September 10th. They issued a "hold" rating and a $222.00 price objective on the stock. Morgan Stanley downgraded Amgen from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $280.00 to $251.00 in a report on Tuesday, September 7th. Finally, SVB Leerink began coverage on Amgen in a report on Sunday. They issued a "hold" rating on the stock. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $245.70. Read more …

 


L3Harris Technologies (NYSE:LHX) was downgraded by investment analysts at The Goldman Sachs Group from a "neutral" rating to a "sell" rating in a research report issued on Thursday, The Fly reports.

Other analysts have also recently issued research reports about the company. Susquehanna lifted their price objective on L3Harris Technologies from $244.00 to $270.00 and gave the stock a "positive" rating in a research report on Wednesday, August 4th. Credit Suisse Group lifted their price target on L3Harris Technologies from $243.00 to $254.00 and gave the company an "outperform" rating in a report on Wednesday, August 4th. Wolfe Research began coverage on L3Harris Technologies in a report on Wednesday, September 8th. They issued a "market perform" rating for the company. Morgan Stanley cut L3Harris Technologies from an "overweight" rating to an "equal weight" rating and set a $238.00 price target for the company. in a report on Wednesday, August 11th. Finally, Susquehanna Bancshares lifted their price target on L3Harris Technologies from $244.00 to $270.00 and gave the company a "positive" rating in a report on Wednesday, August 4th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $233.77. Read more …

 

 


Lockheed Martin (NYSE:LMT) was downgraded by stock analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued on Thursday, The Fly reports. They presently have a $402.00 price objective on the aerospace company’s stock. The Goldman Sachs Group’s price objective points to a potential upside of 17.64% from the stock’s current price.

A number of other analysts have also recently weighed in on LMT. Jefferies Financial Group reiterated a “neutral” rating on shares of Lockheed Martin in a research note on Friday, September 10th. Credit Suisse Group reiterated a “neutral” rating and set a $370.20 price target (down previously from $394.00) on shares of Lockheed Martin in a research note on Tuesday, July 27th. Finally, Wells Fargo & Company increased their price target on shares of Lockheed Martin from $384.00 to $385.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 27th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $401.03. Read more …

 

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