Notable Analyst Upgrades and Downgrades for Week of October 18 2021

 


 

Upgrades:

 



Novo Nordisk A/S (NYSE:NVO) was upgraded by investment analysts at SEB Equities from a “hold” rating to a “buy” rating in a report issued on Monday, The Fly reports.

Other equities analysts have also issued research reports about the company. Berenberg Bank reissued a “hold” rating on shares of Novo Nordisk A/S in a research report on Friday, September 3rd. DNB Markets raised Novo Nordisk A/S from a “hold” rating to a “buy” rating in a research report on Thursday, August 5th. Bank of America upgraded Novo Nordisk A/S from a “neutral” rating to a “buy” rating in a report on Thursday, August 5th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Novo Nordisk A/S in a report on Friday, August 6th. Finally, Credit Suisse Group restated a “neutral” rating on shares of Novo Nordisk A/S in a research note on Monday, August 23rd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $91.00. Read more …

 



Occidental Petroleum (NYSE:OXY)
was upgraded by equities researchers at Truist Securities from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has a $50.00 price target on the oil and gas producer's stock. Truist Securities' target price indicates a potential upside of 57.93% from the stock's previous close.

A number of other research firms have also recently commented on OXY. Mizuho boosted their target price on shares of Occidental Petroleum from $37.00 to $39.00 and gave the stock a "buy" rating in a research note on Thursday, July 15th. Evercore ISI raised shares of Occidental Petroleum from an "in-line" rating to an "outperform" rating and boosted their target price for the stock from $35.00 to $40.00 in a research note on Wednesday, September 29th. Wells Fargo & Company boosted their target price on shares of Occidental Petroleum from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research note on Thursday. Piper Sandler upped their price objective on shares of Occidental Petroleum from $30.00 to $38.00 and gave the company a "neutral" rating in a research note on Friday, July 23rd. They noted that the move was a valuation call. Finally, Truist raised shares of Occidental Petroleum from a "hold" rating to a "buy" rating and upped their price objective for the company from $35.00 to $50.00 in a research note on Monday. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $31.35. Read more …

 


Public Storage (NYSE:PSA) was upgraded by Wolfe Research from a “peer perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday, The Fly reports.

Other equities research analysts have also recently issued reports about the stock. Citigroup boosted their price target on shares of Public Storage from $296.00 to $325.00 and gave the stock a “neutral” rating in a research report on Thursday, July 1st. Raymond James raised shares of Public Storage from a “market perform” rating to an “outperform” rating and set a $350.00 price target on the stock in a research report on Tuesday, August 10th. UBS Group started coverage on shares of Public Storage in a research report on Thursday, June 24th. They set a “neutral” rating and a $310.00 price target on the stock. Truist Securities boosted their price objective on shares of Public Storage from $315.00 to $322.00 and gave the stock a “buy” rating in a research note on Monday, August 16th. Finally, Zacks Investment Research lowered shares of Public Storage from a “buy” rating to a “hold” rating and set a $329.00 price objective on the stock. in a research note on Friday, July 23rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $314.50. Read more …

 

 


Albemarle (NYSE:ALB) was upgraded by investment analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research report issued on Tuesday, Price Targets.com reports. The firm presently has a $280.00 price objective on the specialty chemicals company’s stock, up from their previous price objective of $246.00. Royal Bank of Canada’s price objective indicates a potential upside of 18.19% from the company’s current price.

ALB has been the subject of a number of other research reports. Bank of America boosted their price objective on 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. BMO Capital Markets lifted their target price on Albemarle from $265.00 to $290.00 and gave the company an “outperform” rating in a research note on Monday, September 13th. Deutsche Bank Aktiengesellschaft lifted their target price on Albemarle from $245.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, September 13th. KeyCorp lifted their target price on Albemarle from $127.00 to $131.00 and gave the company an “underweight” rating in a research note on Monday, October 11th. Finally, Zacks Investment Research raised Albemarle from a “hold” rating to a “buy” rating and set a $197.00 target price on the stock in a research note on Tuesday, July 13th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, Albemarle presently has an average rating of “Hold” and an average target price of $213.09. Read more …

 


Crown Castle International (NYSE:CCI) was upgraded by investment analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, Analyst Price Targets reports. The brokerage presently has a $195.00 price target on the real estate investment trust’s stock, up from their previous price target of $192.00. Credit Suisse Group’s price objective would indicate a potential upside of 16.20% from the company’s current price.

A number of other brokerages have also recently weighed in on CCI. Citigroup cut shares of Crown Castle International from a “buy” rating to a “neutral” rating in a report on Tuesday, July 13th. Wolfe Research initiated coverage on shares of Crown Castle International in a report on Wednesday, October 13th. They issued an “underperform” rating and a $162.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on shares of Crown Castle International from $210.00 to $200.00 and set an “overweight” rating on the stock in a report on Thursday, September 30th. They noted that the move was a valuation call. Oppenheimer cut shares of Crown Castle International from an “outperform” rating to a “market perform” rating and set a $205.00 price target on the stock. in a report on Friday, September 10th. Finally, KeyCorp increased their price target on shares of Crown Castle International from $207.00 to $224.00 and gave the company an “overweight” rating in a report on Monday, July 19th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $196.55.Read more …

 


WEC Energy Group (NYSE:WEC) was upgraded by analysts at Wolfe Research from an "underperform" rating to a "peer perform" rating in a report issued on Tuesday, The Fly reports.

Other research analysts also recently issued research reports about the company. Bank of America upgraded WEC Energy Group from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $92.00 to $94.00 in a report on Friday. Mizuho raised their price target on WEC Energy Group from $94.00 to $95.00 and gave the stock a "neutral" rating in a research note on Thursday, August 26th. Finally, Argus raised their price target on WEC Energy Group from $100.00 to $104.00 and gave the stock a "buy" rating in a research note on Wednesday, September 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $96.29.

WEC opened at $88.84 on Tuesday. WEC Energy Group has a one year low of $80.55 and a one year high of $106.85. The company has a market cap of $28.02 billion, a P/E ratio of 21.77, a PEG ratio of 3.74 and a beta of 0.18. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.54 and a current ratio of 0.68. The business's 50-day simple moving average is $92.72 and its 200-day simple moving average is $93.55. Read more …

 

 


Xcel Energy (NASDAQ:XEL) was upgraded by analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research report issued to clients and investors on Tuesday, Price Targets.com reports. The brokerage presently has a $65.00 price target on the stock. Morgan Stanley’s price target indicates a potential upside of 0.49% from the company’s previous close.

A number of other research firms have also commented on XEL. Barclays upgraded Xcel Energy from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $75.00 to $76.00 in a research report on Friday, October 1st. The Goldman Sachs Group raised Xcel Energy from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $73.00 to $76.00 in a report on Tuesday, October 12th. Finally, Mizuho upped their price objective on Xcel Energy from $63.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, August 4th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Xcel Energy currently has an average rating of “Hold” and an average target price of $72.25. Read more …

 


Halliburton (NYSE:HAL) was upgraded by research analysts at Argus from a “hold” rating to a “buy” rating in a report issued on Wednesday, The Fly reports.

Other research analysts also recently issued research reports about the stock. Wells Fargo & Company lifted their price target on shares of Halliburton from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Friday, October 1st. Morgan Stanley boosted their price objective on shares of Halliburton from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, July 9th. Exane BNP Paribas upgraded shares of Halliburton from an “underperform” rating to a “neutral” rating and set a $23.00 price objective for the company in a research report on Wednesday, July 21st. Barclays boosted their price objective on shares of Halliburton from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, The Goldman Sachs Group upgraded shares of Halliburton from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $24.53 to $26.00 in a research report on Wednesday, July 21st. Seven investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $24.65. Read more …




NVIDIA (NASDAQ:NVDA) was upgraded by Summit Insights from a "sell" rating to a "buy" rating in a research report issued on Friday, The Fly reports.

A number of other equities research analysts have also commented on the company. Argus increased their price target on NVIDIA from $175.00 to $230.00 and gave the stock a "buy" rating in a research report on Friday, July 23rd. Deutsche Bank Aktiengesellschaft increased their price target on NVIDIA from $150.00 to $185.00 and gave the stock a "hold" rating in a research report on Thursday, August 19th. They noted that the move was a valuation call. Bank of America increased their price objective on NVIDIA from $260.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, September 17th. Susquehanna increased their price objective on NVIDIA from $220.00 to $250.00 and gave the company a "positive" rating in a research report on Tuesday, September 28th. Finally, Wells Fargo & Company increased their price objective on NVIDIA from $219.00 to $245.00 and gave the company an "overweight" rating in a research report on Thursday, August 12th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $220.22. Read more …


 

Downgrades:

 


The Walt Disney (NYSE:DIS) was downgraded by research analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Monday, The Fly reports. They presently have a $175.00 target price on the entertainment giant’s stock, down from their previous target price of $210.00. Barclays‘s price target suggests a potential downside of 0.83% from the company’s previous close.

Other analysts also recently issued reports about the company. Zacks Investment Research downgraded The Walt Disney from a “buy” rating to a “hold” rating and set a $185.00 target price on the stock. in a research note on Wednesday, August 18th. BMO Capital Markets increased their target price on The Walt Disney from $190.00 to $195.00 and gave the company a “market perform” rating in a research note on Friday, August 13th. Royal Bank of Canada increased their target price on The Walt Disney from $202.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, August 13th. Daiwa Capital Markets began coverage on The Walt Disney in a research note on Tuesday, September 21st. They set a “buy” rating and a $225.00 target price on the stock. Finally, Evercore ISI reiterated a “buy” rating and set a $210.00 target price on shares of The Walt Disney in a research note on Wednesday, September 22nd. Four investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to MarketBeat, The Walt Disney has an average rating of “Buy” and an average target price of $207.73. Read more …

 

 


Consolidated Edison (NYSE:ED) was downgraded by analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research note issued to investors on Monday, The Fly reports.

A number of other analysts have also issued reports on ED. Morgan Stanley lowered their price target on Consolidated Edison from $76.00 to $74.00 and set an “underweight” rating on the stock in a research note on Friday, September 17th. TheStreet lowered Consolidated Edison from a “b” rating to a “c+” rating in a research note on Tuesday, September 7th. Mizuho reduced their price objective on Consolidated Edison from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Thursday, October 7th. Finally, KeyCorp downgraded Consolidated Edison from a “sector weight” rating to an “underweight” rating and set a $66.00 price objective on the stock. in a research report on Tuesday, July 20th. Seven analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Consolidated Edison currently has a consensus rating of “Sell” and a consensus price target of $74.14. Read more …

 


Enterprise Products Partners (NYSE:EPD) was downgraded by Wolfe Research from an "outperform" rating to a "peer perform" rating in a research note issued to investors on Tuesday, The Fly reports. They presently have a $24.00 target price on the oil and gas producer's stock. Wolfe Research's price objective would indicate a potential downside of 2.32% from the company's previous close.

Several other equities analysts also recently weighed in on the company. Zacks Investment Research downgraded Enterprise Products Partners from a "hold" rating to a "sell" rating and set a $23.00 price target for the company. in a research report on Tuesday, September 28th. Wells Fargo & Company raised their price target on Enterprise Products Partners from $28.00 to $30.00 and gave the stock an "overweight" rating in a research report on Thursday, June 24th. Mizuho raised their price target on Enterprise Products Partners from $28.00 to $29.00 and gave the stock a "buy" rating in a research report on Tuesday, October 5th. Raymond James raised their price target on Enterprise Products Partners from $26.00 to $28.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, July 21st. Finally, Bank of America initiated coverage on Enterprise Products Partners in a research report on Tuesday, September 28th. They issued a "buy" rating for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $27.00. Read more …

 


Fortis (NYSE:FTS) was downgraded by Wolfe Research from a “peer perform” rating to an “underperform” rating in a report issued on Tuesday, The Fly reports.

A number of other analysts have also weighed in on the stock. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $59.00 target price on shares of Fortis in a report on Friday, October 8th. Zacks Investment Research raised shares of Fortis from a “sell” rating to a “hold” rating in a report on Monday, October 11th. Scotiabank decreased their target price on shares of Fortis from C$61.00 to C$60.00 and set an “outperform” rating on the stock in a report on Friday, July 9th. Industrial Alliance Securities lowered shares of Fortis from a “buy” rating to a “hold” rating and set a C$61.00 target price on the stock. in a report on Wednesday, August 18th. Finally, Bank of America lowered shares of Fortis from a “neutral” rating to an “underperform” rating and set a $51.00 target price on the stock. in a report on Wednesday, July 7th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $57.22. Read more …

 

 



International Paper (NYSE:IP) was downgraded by Exane BNP Paribas from an "outperform" rating to a "neutral" rating in a research report issued to clients and investors on Tuesday, The Fly reports. They presently have a $60.00 target price on the basic materials company's stock. Exane BNP Paribas' target price indicates a potential upside of 15.36% from the stock's previous close.

A number of other research firms also recently commented on IP. Wells Fargo & Company cut their price objective on International Paper from $85.00 to $78.00 and set an "overweight" rating on the stock in a report on Friday, October 8th. UBS Group raised their price objective on International Paper from $47.00 to $52.00 and gave the stock a "sell" rating in a report on Tuesday, September 28th. Truist started coverage on International Paper in a research note on Wednesday, October 13th. They issued a "hold" rating and a $50.00 target price for the company. BNP Paribas reiterated a "neutral" rating and issued a $60.00 target price on shares of International Paper in a research note on Tuesday. Finally, Truist Securities started coverage on International Paper in a research note on Wednesday, October 13th. They issued a "hold" rating and a $50.00 target price for the company. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $62.93. Read more …

 


The Williams Companies (NYSE:WMB) was downgraded by stock analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating in a research note issued on Tuesday, Analyst Ratings Network reports. They presently have a $29.00 target price on the pipeline company’s stock. Wolfe Research’s price target indicates a potential downside of 0.99% from the company’s previous close.

A number of other brokerages have also recently issued reports on WMB. Raymond James lifted their target price on The Williams Companies from $30.00 to $33.00 and gave the stock a “strong-buy” rating in a report on Monday. Zacks Investment Research downgraded The Williams Companies from a “hold” rating to a “sell” rating and set a $26.00 price target on the stock. in a report on Tuesday, August 17th. Wells Fargo & Company lifted their price target on The Williams Companies from $28.00 to $29.00 and gave the company an “overweight” rating in a report on Thursday, June 24th. Finally, Bank of America began coverage on The Williams Companies in a report on Tuesday, September 28th. They set a “buy” rating on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $28.25.Read more …

 



Compass Minerals International (NYSE:CMP) was downgraded by stock analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating in a research report issued to clients and investors on Wednesday, The Fly reports. They presently have a $60.00 price target on the basic materials company’s stock, down from their prior price target of $62.00. BMO Capital Markets’ price target indicates a potential downside of 17.89% from the company’s previous close.

CMP has been the subject of a number of other research reports. CL King raised shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a report on Wednesday, July 14th. TheStreet lowered shares of Compass Minerals International from a “b-” rating to a “c+” rating in a research report on Friday, September 3rd. Monness Crespi & Hardt raised shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $80.00 price objective on the stock in a research report on Thursday, September 30th. JPMorgan Chase & Co. raised shares of Compass Minerals International from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $62.00 to $68.00 in a research report on Tuesday, August 17th. Finally, Zacks Investment Research lowered shares of Compass Minerals International from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $67.33. Read more …

 

 


Canadian National Railway (NYSE:CNI) (TSE:CNR) was downgraded by equities research analysts at Royal Bank of Canada from an "outperform" rating to a "sector perform" rating in a note issued to investors on Wednesday, The Fly reports.

Several other research analysts have also recently commented on CNI. TheStreet raised shares of Canadian National Railway from a "c+" rating to a "b" rating in a report on Wednesday, July 21st. Raymond James lowered shares of Canadian National Railway from an "outperform" rating to a "market perform" rating in a research report on Monday, September 20th. BMO Capital Markets increased their price target on shares of Canadian National Railway from C$155.00 to C$160.00 and gave the stock a "market perform" rating in a research report on Wednesday. National Bank Financial raised their target price on shares of Canadian National Railway from C$151.00 to C$153.00 and gave the company a "sector perform" rating in a research report on Wednesday. Finally, Cowen raised their target price on shares of Canadian National Railway from $110.00 to $119.00 and gave the company a "market perform" rating in a research report on Monday, September 20th. Fourteen analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $143.61. Read more …

 


Kansas City Southern (NYSE:KSU) was downgraded by equities researchers at Wolfe Research from an “outperform” rating to a “peer perform” rating in a note issued to investors on Wednesday, Briefing.com reports.

Several other analysts have also weighed in on the company. Citigroup decreased their price target on Kansas City Southern from $305.00 to $300.00 and set a “neutral” rating on the stock in a report on Wednesday, October 6th. Loop Capital cut shares of Kansas City Southern from a “buy” rating to a “hold” rating and set a $288.00 price target on the stock. in a report on Wednesday, September 1st. TheStreet lowered shares of Kansas City Southern from a “b” rating to a “c+” rating in a report on Monday, August 16th. downgraded shares of Kansas City Southern from a “buy” rating to a “neutral” rating and upped their target price for the stock from $275.00 to $305.00 in a research note on Tuesday, June 29th. Finally, Barclays reduced their target price on shares of Kansas City Southern from $310.00 to $275.00 and set an “underweight” rating on the stock in a research report on Monday, October 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Kansas City Southern presently has an average rating of “Hold” and an average target price of $272.38. Read more …

 



Magna International (NYSE:MGA) (TSE:MG)
was downgraded by analysts at Raymond James from a "market perform" rating to an "underperform" rating in a research note issued on Wednesday, PriceTargets.com reports.

A number of other research firms also recently weighed in on MGA. Wells Fargo & Company dropped their target price on Magna International from $88.00 to $84.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 5th. TD Securities lowered their price objective on Magna International from $110.00 to $105.00 and set a "buy" rating for the company in a research report on Monday, August 9th. Credit Suisse Group lowered their price objective on Magna International from $122.00 to $115.00 and set an "outperform" rating for the company in a research report on Wednesday, August 11th. Barclays downgraded Magna International from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $110.00 to $87.00 in a research report on Monday, October 11th. Finally, The Goldman Sachs Group lowered their price objective on Magna International from $105.00 to $102.00 and set a "buy" rating for the company in a research report on Sunday, September 26th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, Magna International presently has a consensus rating of "Buy" and a consensus price target of $88.87. Read more …

 

 



Intel (NASDAQ:INTC) was downgraded by stock analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a report issued on Friday, The Fly reports. They presently have a $55.00 price objective on the chip maker’s stock, down from their prior price objective of $67.00. Morgan Stanley’s price target would indicate a potential downside of 1.79% from the company’s previous close.

INTC has been the topic of several other reports. Barclays lowered their target price on shares of Intel from $58.00 to $50.00 and set an “underweight” rating on the stock in a research report on Friday, July 23rd. Northland Securities assumed coverage on shares of Intel in a research report on Monday, July 19th. They set a “sell” rating and a $42.00 target price on the stock. Mizuho lowered their price target on shares of Intel from $72.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, July 23rd. Wells Fargo & Company lowered their price target on shares of Intel from $70.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Friday, July 23rd. Finally, Roth Capital lowered their price target on shares of Intel from $65.00 to $60.00 and set a “neutral” rating on the stock in a research report on Friday, July 23rd. Eleven analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus price target of $58.05. Read more …

 


PPG Industries (NYSE:PPG) was downgraded by stock analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Friday, The Fly reports. They currently have a $165.00 price objective on the specialty chemicals company’s stock.

A number of other equities research analysts also recently weighed in on PPG. Deutsche Bank Aktiengesellschaft dropped their target price on PPG Industries from $190.00 to $185.00 and set a “buy” rating for the company in a report on Wednesday, September 8th. Barclays dropped their target price on PPG Industries from $188.00 to $180.00 and set an “equal weight” rating for the company in a report on Wednesday, July 21st. Mizuho began coverage on PPG Industries in a research note on Tuesday, October 12th. They issued a “buy” rating and a $180.00 price target for the company. Royal Bank of Canada dropped their price target on PPG Industries from $183.00 to $170.00 and set an “outperform” rating for the company in a research note on Wednesday, September 8th. Finally, Societe Generale boosted their price target on PPG Industries from $168.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday, July 1st. Six analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, PPG Industries presently has a consensus rating of “Buy” and a consensus target price of $175.33. Read more …

 

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