January 21, 2022

Notable Analyst Upgrades and Downgrades for Week of January 17 2022



 

Upgrades:

 


Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) was upgraded by investment analysts at National Bankshares to a "buy" rating in a report issued on Tuesday, TipRanks reports. The firm currently has a C$38.00 price target on the stock. National Bankshares' target price indicates a potential downside of 8.21% from the company's previous close.

BEP.UN has been the subject of a number of other research reports. Tudor Pickering & Holt set a C$44.00 price objective on shares of Brookfield Renewable Partners and gave the company a "buy" rating in a research report on Monday, November 8th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a C$45.00 price objective on shares of Brookfield Renewable Partners in a research report on Monday, September 20th. JPMorgan Chase & Co. raised shares of Brookfield Renewable Partners to a "buy" rating and set a C$46.00 price target for the company in a research report on Thursday, December 9th. Scotiabank raised shares of Brookfield Renewable Partners to a "buy" rating in a research report on Friday, January 7th. Finally, Tudor Pickering reissued a "buy" rating and issued a C$44.00 price target on shares of Brookfield Renewable Partners in a research report on Wednesday, September 22nd. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Brookfield Renewable Partners presently has a consensus rating of "Buy" and a consensus target price of C$44.38. Read more …

 


ConocoPhillips (NYSE:COP) was upgraded by equities researchers at The Goldman Sachs Group to a "buy" rating in a research note issued to investors on Tuesday, Stock Target Advisor reports. The brokerage presently has a $101.00 target price on the energy producer's stock. The Goldman Sachs Group's price objective suggests a potential upside of 16.44% from the stock's current price.

A number of other equities research analysts have also issued reports on the stock. Truist raised their price target on shares of ConocoPhillips from $100.00 to $111.00 in a report on Friday. KeyCorp raised their target price on ConocoPhillips from $81.00 to $88.00 and gave the stock an "overweight" rating in a research note on Thursday, January 13th. Societe Generale lowered ConocoPhillips from a "buy" rating to a "hold" rating and set a $77.00 price target for the company. in a research report on Wednesday, November 10th. Morgan Stanley lifted their price objective on ConocoPhillips from $90.00 to $95.00 and gave the stock an "overweight" rating in a research report on Friday, November 19th. Finally, Raymond James boosted their target price on ConocoPhillips from $90.00 to $100.00 and gave the company a "strong-buy" rating in a research note on Tuesday, October 26th. Four equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $84.35. Read more …

 


ABB (NYSE:ABB) was upgraded by Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a note issued to investors on Wednesday, The Fly reports.

Other analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of ABB from CHF 31 to CHF 32 in a research note on Thursday, January 13th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of ABB in a research note on Friday, October 1st. Zacks Investment Research downgraded shares of ABB from a "hold" rating to a "strong sell" rating and set a $33.00 price target for the company. in a research note on Tuesday, January 4th. Morgan Stanley reaffirmed an "underweight" rating on shares of ABB in a research note on Friday, October 22nd. Finally, Exane BNP Paribas raised shares of ABB to a "neutral" rating and set a CHF 37 price objective on the stock in a report on Tuesday, September 21st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $35.55. Read more …

 

 


Bank of Montreal (NYSE:BMO) (TSE:BMO) was upgraded by Barclays to an "overweight" rating in a research report issued to clients and investors on Wednesday, Stock Target Advisor reports. The brokerage presently has a $165.00 price objective on the bank's stock, up from their prior price objective of $140.00. Barclays's target price points to a potential upside of 39.19% from the stock's previous close.

Other analysts have also recently issued research reports about the company. Desjardins increased their target price on Bank of Montreal from C$146.00 to C$150.00 and gave the stock a "buy" rating in a report on Tuesday, December 7th. TD Securities increased their target price on Bank of Montreal from $150.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, December 6th. Royal Bank of Canada upgraded Bank of Montreal from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from $154.00 to $160.00 in a report on Tuesday, December 21st. Scotiabank cut Bank of Montreal from a "sector outperform" rating to a "sector perform" rating in a report on Tuesday, December 21st. Finally, Zacks Investment Research cut Bank of Montreal from a "buy" rating to a "hold" rating in a report on Tuesday, December 7th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Bank of Montreal currently has an average rating of "Buy" and an average target price of $151.67. Read more …

 


Kroger (NYSE:KR) was upgraded by investment analysts at Bank of America from an "underperform" rating to a "neutral" rating in a research note issued to investors on Wednesday, The Fly reports.

Several other equities research analysts also recently commented on KR. Telsey Advisory Group boosted their target price on Kroger from $45.00 to $47.00 and gave the stock a "market perform" rating in a report on Friday, December 3rd. BMO Capital Markets boosted their target price on Kroger from $39.00 to $41.00 and gave the stock a "market perform" rating in a report on Friday, December 3rd. Guggenheim boosted their target price on Kroger from $45.00 to $49.00 and gave the stock a "buy" rating in a report on Friday, December 3rd. Credit Suisse Group upped their price target on Kroger from $40.00 to $47.00 and gave the company a "neutral" rating in a report on Friday, December 3rd. Finally, The Goldman Sachs Group upped their price target on Kroger from $35.00 to $39.00 and gave the company a "sell" rating in a report on Monday, December 6th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, Kroger has an average rating of "Hold" and an average target price of $43.50. Read more …

 


Unilever (NYSE:UL) was upgraded by Societe Generale from a "sell" rating to a "buy" rating in a note issued to investors on Wednesday, The Fly reports.

Several other analysts have also recently weighed in on the stock. Sanford C. Bernstein cut shares of Unilever from a "market perform" rating to an "underperform" rating in a research note on Tuesday. Zacks Investment Research raised shares of Unilever from a "sell" rating to a "hold" rating in a research note on Friday, January 14th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $61.51.

Shares of Unilever stock opened at $46.45 on Wednesday. Unilever has a 1-year low of $46.07 and a 1-year high of $61.81. The firm's 50-day moving average price is $52.65 and its two-hundred day moving average price is $54.54. Read more …

 

 


Exxon Mobil (NYSE:XOM) was upgraded by equities researchers at Royal Bank of Canada from an "underperform" rating to a "sector perform" rating in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage currently has a $90.00 price target on the oil and gas company's stock, up from their prior price target of $70.00. Royal Bank of Canada's price target would suggest a potential upside of 23.15% from the company's current price.

A number of other equities research analysts have also recently weighed in on the company. The Goldman Sachs Group reaffirmed a "buy" rating and set a $71.00 price target on shares of Exxon Mobil in a report on Monday, January 3rd. Zacks Investment Research raised Exxon Mobil from a "hold" rating to a "strong-buy" rating and set a $82.00 target price on the stock in a report on Thursday, January 13th. Bank of America reissued a "buy" rating and set a $95.00 target price on shares of Exxon Mobil in a report on Monday, November 1st. Jefferies Financial Group set a $59.00 target price on Exxon Mobil in a report on Wednesday, December 1st. Finally, Wells Fargo & Company boosted their target price on Exxon Mobil from $71.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, November 1st. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Exxon Mobil presently has an average rating of "Hold" and an average target price of $67.98. Read more …

 


C.H. Robinson Worldwide (NASDAQ:CHRW) was upgraded by research analysts at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday, The Fly reports.

A number of other research firms also recently weighed in on CHRW. BMO Capital Markets upped their target price on C.H. Robinson Worldwide from $100.00 to $105.00 and gave the company a “market perform” rating in a research report on Wednesday, October 27th. Robert W. Baird reiterated a “hold” rating on shares of C.H. Robinson Worldwide in a research report on Thursday, October 28th. Vertical Research upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a research report on Monday, October 11th. Wells Fargo & Company upped their target price on C.H. Robinson Worldwide from $85.00 to $92.00 and gave the company an “underweight” rating in a research report on Wednesday, October 27th. Finally, Wolfe Research upgraded C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and set a $124.00 target price for the company in a research report on Thursday, January 6th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned 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 $100.58. Read more …

 


United Parcel Service (NYSE:UPS) was upgraded by analysts at BNP Paribas from an “underperform” rating to a “neutral” rating in a research note issued on Thursday, Briefing.com reports. The brokerage currently has a $191.00 price target on the transportation company’s stock. BNP Paribas’ price target would suggest a potential downside of 6.26% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Oppenheimer lifted their target price on United Parcel Service from $222.00 to $236.00 and gave the stock an “outperform” rating in a report on Wednesday, October 27th. Raymond James lifted their target price on United Parcel Service from $240.00 to $260.00 and gave the stock a “strong-buy” rating in a report on Wednesday, October 27th. Stifel Nicolaus lifted their target price on United Parcel Service from $224.00 to $241.00 and gave the stock a “buy” rating in a report on Wednesday, October 27th. JPMorgan Chase & Co. set a $243.00 target price on United Parcel Service in a report on Wednesday, January 12th. Finally, Deutsche Bank Aktiengesellschaft cut United Parcel Service from a “buy” rating to a “hold” rating and dropped their target price for the stock from $253.00 to $221.00 in a report on Monday, November 29th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $212.88. Read more …

 

 


Welltower (NYSE:WELL) was upgraded by analysts at Mizuho from a "neutral" rating to a "buy" rating in a note issued to investors on Thursday, The Fly reports. The firm currently has a $94.00 price objective on the real estate investment trust's stock. Mizuho's price target points to a potential upside of 9.90% from the company's current price.

Other analysts also recently issued research reports about the company. Raymond James lifted their target price on Welltower from $98.00 to $100.00 and gave the company a "strong-buy" rating in a research note on Monday, January 10th. JPMorgan Chase & Co. downgraded Welltower from an "overweight" rating to a "neutral" rating and cut their target price for the company from $94.00 to $90.00 in a research note on Monday, December 20th. Barclays assumed coverage on Welltower in a research note on Wednesday, November 17th. They set an "overweight" rating and a $91.00 target price on the stock. Finally, Royal Bank of Canada cut their target price on Welltower from $95.00 to $93.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 17th. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $91.47. Read more…

 


W. P. Carey (NYSE:WPC) was upgraded by equities researchers at Bank of America from an "underperform" rating to a "neutral" rating in a note issued to investors on Thursday, The Fly reports.

WPC has been the topic of a number of other research reports. Zacks Investment Research lowered W. P. Carey from a "buy" rating to a "hold" rating in a report on Tuesday, October 12th. Royal Bank of Canada decreased their target price on W. P. Carey from $89.00 to $87.00 and set an "outperform" rating on the stock in a research report on Monday, November 1st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, W. P. Carey presently has an average rating of "Buy" and a consensus target price of $86.50.

Shares of WPC opened at $77.56 on Thursday. The stock has a 50-day simple moving average of $79.38 and a 200-day simple moving average of $78.17. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.16 and a current ratio of 0.16. The stock has a market capitalization of $14.45 billion, a PE ratio of 31.53, a PEG ratio of 7.29 and a beta of 0.74. W. P. Carey has a 1 year low of $65.75 and a 1 year high of $83.19. Read more …

 


Eli Lilly and (NYSE:LLY) was upgraded by stock analysts at DZ Bank from a "hold" rating to a "buy" rating in a note issued to investors on Friday, Briefing.com reports. The firm currently has a $291.00 price objective on the stock. DZ Bank's price objective would indicate a potential upside of 19.69% from the company's previous close.

A number of other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. reissued a "buy" rating on shares of Eli Lilly and in a research note on Thursday, December 16th. Truist Financial upped their price objective on Eli Lilly and from $262.00 to $301.00 and gave the stock a "buy" rating in a research report on Wednesday, November 24th. Berenberg Bank upped their price objective on Eli Lilly and from $270.00 to $305.00 and gave the stock a "buy" rating in a research report on Monday, December 20th. Wells Fargo & Company upped their price objective on Eli Lilly and from $270.00 to $280.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 4th. Finally, Citigroup raised Eli Lilly and from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $210.00 to $265.00 in a research report on Wednesday, September 29th. 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 thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $290.82. Read more …

 

 

 

Downgrades:

 


Sherwin-Williams (NYSE:SHW) was downgraded by investment analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a report issued on Tuesday, PriceTargets.com reports. They currently have a $335.00 price target on the specialty chemicals company’s stock, down from their previous price target of $380.00. Wells Fargo & Company‘s price objective would indicate a potential upside of 8.60% from the stock’s current price.

Other analysts have also recently issued reports about the company. Bank of America cut Sherwin-Williams from a “buy” rating to a “neutral” rating and set a $335.00 target price for the company. in a research note on Wednesday, October 27th. Robert W. Baird increased their target price on Sherwin-Williams from $325.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, October 27th. Berenberg Bank boosted their price target on Sherwin-Williams from $278.00 to $310.00 and gave the company a “hold” rating in a report on Friday, October 29th. UBS Group upped their price objective on Sherwin-Williams from $310.00 to $350.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 4th. Finally, KeyCorp upped their price objective on Sherwin-Williams from $350.00 to $384.00 and gave the stock an “overweight” rating in a research report on Thursday, December 9th. Ten analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, Sherwin-Williams currently has a consensus rating of “Buy” and a consensus price target of $356.78. Read more …

 


Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) was downgraded by Barclays to an "equal weight" rating in a research report issued to clients and investors on Wednesday, Stock Target Advisor reports. They currently have a $169.00 target price on the bank's stock, up from their previous target price of $162.00. Barclays's target price suggests a potential upside of 28.06% from the stock's previous close.

Several other equities analysts have also weighed in on the stock. Zacks Investment Research upgraded shares of Canadian Imperial Bank of Commerce from a "hold" rating to a "buy" rating and set a $122.00 target price on the stock in a report on Monday, December 6th. decreased their target price on shares of Canadian Imperial Bank of Commerce from $163.00 to $161.00 and set a "buy" rating on the stock in a report on Friday, December 3rd. CIBC decreased their target price on shares of Canadian Imperial Bank of Commerce from C$168.00 to C$165.00 and set an "outperform" rating on the stock in a report on Friday, December 3rd. Finally, Royal Bank of Canada boosted their target price on shares of Canadian Imperial Bank of Commerce from $158.00 to $169.00 and gave the company an "outperform" rating in a report on Friday, December 3rd. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Canadian Imperial Bank of Commerce presently has an average rating of "Buy" and a consensus target price of $158.90. Read more …

 


Cisco Systems (NASDAQ:CSCO) was downgraded by analysts at The Goldman Sachs Group from a "buy" rating to a "neutral" rating in a research note issued on Wednesday, The Fly reports.

A number of other brokerages also recently commented on CSCO. Morgan Stanley lifted their target price on Cisco Systems from $59.00 to $61.00 and gave the company an "equal weight" rating in a research note on Wednesday, December 15th. Erste Group upgraded Cisco Systems from a "hold" rating to a "buy" rating in a research note on Thursday, December 9th. Westpark Capital started coverage on Cisco Systems in a research note on Friday, September 24th. They issued a "hold" rating and a $62.00 target price for the company. Citigroup boosted their price objective on Cisco Systems from $55.00 to $65.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 22nd. Finally, Credit Suisse Group dropped their price target on Cisco Systems from $74.00 to $73.00 and set an "outperform" rating on the stock in a report on Thursday, November 18th. Thirteen investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Cisco Systems currently has a consensus rating of "Hold" and an average target price of $62.94. Read more …

 

 


McCormick & Company, Incorporated (NYSE:MKC) was downgraded by research analysts at Credit Suisse Group from an "outperform" rating to a "neutral" rating in a research note issued on Wednesday, The Fly reports. They currently have a $100.00 price objective on the stock. Credit Suisse Group's price objective indicates a potential upside of 2.60% from the stock's current price.

MKC has been the topic of a number of other reports. Zacks Investment Research raised shares of McCormick & Company, Incorporated from a "sell" rating to a "hold" rating and set a $99.00 price objective on the stock in a research report on Tuesday, December 14th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of McCormick & Company, Incorporated from $91.00 to $89.00 and set a "hold" rating for the company in a research note on Friday, October 1st. Finally, TheStreet upgraded shares of McCormick & Company, Incorporated from a "c+" rating to a "b" rating in a research note on Tuesday, November 23rd. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, McCormick & Company, Incorporated has a consensus rating of "Hold" and an average target price of $94.25. Read more …

 


U.S. Bancorp (NYSE:USB) was downgraded by research analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a report released on Wednesday, The Fly reports.

A number of other brokerages have also recently issued reports on USB. Barclays cut U.S. Bancorp from an “overweight” rating to an “equal weight” rating and set a $68.00 target price on the stock. in a report on Monday, January 3rd. UBS Group initiated coverage on U.S. Bancorp in a report on Thursday, December 9th. They set a “buy” rating and a $70.00 target price on the stock. Raymond James cut U.S. Bancorp from a “market perform” rating to an “underperform” rating in a report on Friday, October 15th. Citigroup lifted their price objective on U.S. Bancorp from $66.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, September 23rd. Finally, Credit Suisse Group lifted their price objective on U.S. Bancorp from $60.00 to $61.00 and gave the company a “neutral” rating in a report on Wednesday, September 22nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, U.S. Bancorp presently has an average rating of “Hold” and a consensus target price of $64.90. Read more …

 


Consolidated Edison (NYSE:ED) was downgraded by equities researchers at Guggenheim from a "neutral" rating to a "sell" rating in a research note issued to investors on Thursday, The Fly reports.

ED has been the subject of a number of other research reports. Citigroup upped their target price on Consolidated Edison from $77.00 to $84.00 and gave the company a "neutral" rating in a report on Wednesday, December 8th. Bank of America downgraded Consolidated Edison from a "neutral" rating to an "underperform" rating and decreased their price objective for the stock from $74.00 to $68.00 in a report on Monday, October 18th. TheStreet upgraded Consolidated Edison from a "c+" rating to a "b-" rating in a report on Wednesday, October 20th. Morgan Stanley increased their price objective on Consolidated Edison from $72.00 to $76.00 and gave the stock an "underweight" rating in a report on Tuesday, December 21st. Finally, Mizuho decreased their price objective on Consolidated Edison from $78.00 to $75.00 and set a "neutral" rating for the company in a report on Thursday, October 7th. Seven equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Sell" and a consensus target price of $76.00. Read more …

 

 


Magellan Midstream Partners (NYSE:MMP) was downgraded by analysts at Barclays from an "overweight" rating to an "equal weight" rating in a research report issued on Thursday, The Fly reports.

A number of other equities research analysts have also issued reports on the stock. Raymond James lifted their target price on shares of Magellan Midstream Partners from $50.00 to $51.00 and gave the company an "outperform" rating in a research note on Monday, October 18th. Credit Suisse Group lifted their target price on shares of Magellan Midstream Partners from $50.00 to $52.00 and gave the company a "neutral" rating in a research note on Tuesday, November 9th. Wells Fargo & Company decreased their target price on shares of Magellan Midstream Partners from $54.00 to $52.00 and set an "equal weight" rating for the company in a research note on Thursday, December 16th. Mizuho lifted their target price on shares of Magellan Midstream Partners from $50.00 to $52.00 and gave the company a "neutral" rating in a research note on Thursday, November 11th. Finally, Citigroup lowered shares of Magellan Midstream Partners from a "buy" rating to a "neutral" rating in a research note on Wednesday, November 3rd. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $49.40. Read more …

 


V.F. (NYSE:VFC) was downgraded by investment analysts at William Blair from a “buy” rating to a “hold” rating in a research report issued on Thursday, Stock Target Advisor reports.

Other research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of V.F. from $106.00 to $95.00 and set a “buy” rating for the company in a report on Monday, October 18th. Barclays cut shares of V.F. from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $86.00 to $79.00 in a report on Thursday, January 6th. Seaport Res Ptn reissued a “neutral” rating on shares of V.F. in a report on Tuesday. Williams Capital cut shares of V.F. from a “buy” rating to a “hold” rating in a report on Thursday. Finally, BTIG Research decreased their price objective on shares of V.F. from $104.00 to $101.00 and set a “buy” rating for the company in a report on Monday, October 25th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $86.58. Read more …

 


Ecolab (NYSE:ECL) was downgraded by equities researchers at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a report issued on Friday, PriceTargets.com reports. They currently have a $225.00 target price on the basic materials company’s stock, down from their prior target price of $245.00. Royal Bank of Canada’s target price indicates a potential upside of 5.55% from the company’s current price.

A number of other brokerages also recently issued reports on ECL. BMO Capital Markets lifted their price target on Ecolab from $223.00 to $246.00 and gave the company a “market perform” rating in a research report on Wednesday, October 27th. They noted that the move was a valuation call. Vertical Research started coverage on Ecolab in a report on Monday, September 27th. They set a “hold” rating and a $189.00 price objective on the stock. Zacks Investment Research raised Ecolab from a “hold” rating to a “buy” rating and set a $237.00 price objective on the stock in a report on Tuesday, January 11th. Morgan Stanley raised their price objective on Ecolab from $230.00 to $240.00 and gave the company an “equal weight” rating in a report on Tuesday, January 11th. Finally, Evercore ISI started coverage on Ecolab in a report on Thursday, December 2nd. They set a $235.00 price objective on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $227.92. Read more …

 

 


Enbridge (TSE:ENB) (NYSE:ENB) was downgraded by research analysts at Tudor Pickering to a “hold” rating in a report released on Friday, Stock Target Advisor reports. They currently have a C$53.00 price objective on the stock. Tudor Pickering’s price objective would suggest a potential upside of 3.48% from the stock’s previous close.

Several other brokerages have also recently commented on ENB. Evercore ISI reiterated a “buy” rating and set a C$55.00 price target on shares of Enbridge in a research report on Wednesday, December 8th. Tudor Pickering & Holt cut shares of Enbridge from a “buy” rating to a “hold” rating and set a C$53.00 price target for the company. in a research report on Friday. Barclays lifted their price target on shares of Enbridge from C$50.00 to C$53.00 in a research report on Tuesday, October 19th. CSFB cut shares of Enbridge from an “outperform” rating to a “neutral” rating and set a C$55.00 price objective for the company. in a report on Monday, October 25th. Finally, National Bankshares boosted their price objective on shares of Enbridge from C$51.00 to C$54.00 and gave the company an “outperform” rating in a report on Monday, November 8th. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, Enbridge presently has an average rating of “Buy” and an average price target of C$55.26. Read more …

 


Travelers Companies (NYSE:TRV) was downgraded by stock analysts at Barclays from an “overweight” rating to an “equal weight” rating in a report released on Friday, Analyst Ratings Network reports. They presently have a $170.00 price target on the insurance provider’s stock. Barclays‘s target price suggests a potential upside of 2.92% from the stock’s current price.

Several other brokerages have also weighed in on TRV. Jefferies Financial Group assumed coverage on shares of Travelers Companies in a report on Thursday, November 18th. They set a “hold” rating and a $165.00 price objective for the company. Morgan Stanley lifted their price target on shares of Travelers Companies from $172.00 to $177.00 and gave the company an “equal weight” rating in a report on Friday, January 14th. JPMorgan Chase & Co. lifted their price target on shares of Travelers Companies from $158.00 to $159.00 and gave the company an “underweight” rating in a report on Thursday, January 6th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Travelers Companies from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a report on Friday, December 17th. Finally, The Goldman Sachs Group assumed coverage on shares of Travelers Companies in a report on Monday, November 22nd. They issued a “neutral” rating and a $165.00 price target for the company. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $164.93. Read more …

 

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