Notable Analyst Upgrades and Downgrades for Week of February 21 2022



 

Upgrades:

 


Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) was upgraded by equities research analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Tuesday, Briefing.com reports. The brokerage presently has a $60.00 target price on the business services provider’s stock, down from their prior target price of $69.00. Royal Bank of Canada’s price target would indicate a potential upside of 17.00% from the stock’s current price.

RBA has been the topic of a number of other reports. OTR Global reissued a “negative” rating on shares of Ritchie Bros. Auctioneers in a research note on Tuesday, November 2nd. Raymond James decreased their price objective on shares of Ritchie Bros. Auctioneers from $60.00 to $57.00 and set a “market perform” rating on the stock in a research note on Friday. Zacks Investment Research cut shares of Ritchie Bros. Auctioneers from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 27th. TD Securities raised shares of Ritchie Bros. Auctioneers from a “hold” rating to a “buy” rating and decreased their price objective for the company from $69.00 to $64.00 in a research note on Thursday, January 6th. Finally, Barrington Research reaffirmed a “hold” rating on shares of Ritchie Bros. Auctioneers in a research note on Wednesday, November 24th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Ritchie Bros. Auctioneers has a consensus rating of “Hold” and a consensus price target of $61.00. Read more …

 


Sysco (NYSE:SYY) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating in a research note issued to investors on Tuesday, The Fly reports.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. decreased their price target on Sysco from $90.00 to $88.00 and set a "neutral" rating on the stock in a research report on Friday, December 17th. Barclays upgraded Sysco from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $80.00 to $86.00 in a research report on Wednesday, December 15th. Truist Financial started coverage on Sysco in a research report on Tuesday, February 1st. They issued a "buy" rating and a $89.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on Sysco in a research report on Tuesday, January 4th. They issued a "hold" rating and a $82.00 target price on the stock. Finally, Morgan Stanley lifted their target price on Sysco from $85.00 to $86.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 9th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $87.63. Read more …

 


American Water Works (NYSE:AWK) was upgraded by investment analysts at HSBC to a "buy" rating in a report released on Wednesday, Stock Target Advisor reports. The brokerage currently has a $182.00 target price on the utilities provider's stock, down from their prior target price of $190.00. HSBC's price objective indicates a potential upside of 23.11% from the company's previous close.

A number of other equities research analysts also recently issued reports on AWK. The Goldman Sachs Group downgraded American Water Works from a "buy" rating to a "neutral" rating and lowered their price target for the company from $191.00 to $177.00 in a research report on Wednesday, November 3rd. Wells Fargo & Company decreased their target price on American Water Works from $170.00 to $162.00 and set an "underweight" rating for the company in a research report on Wednesday, January 19th. UBS Group raised American Water Works from a "sell" rating to a "neutral" rating and decreased their target price for the stock from $164.00 to $161.00 in a research report on Monday, February 7th. Zacks Investment Research raised American Water Works from a "sell" rating to a "hold" rating and set a $163.00 target price for the company in a research report on Wednesday, February 9th. Finally, JPMorgan Chase & Co. downgraded American Water Works from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $172.00 to $171.00 in a research report on Friday, January 7th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $174.60. Read more …

 

 


Intel (NASDAQ:INTC) was upgraded by research analysts at Raymond James to a “market perform” rating in a research note issued to investors on Wednesday, Stock Target Advisor reports.

Other analysts also recently issued reports about the company. Bank of America lowered their price target on Intel from $55.00 to $52.00 and set an “underperform” rating for the company in a research report on Thursday, January 27th. Sanford C. Bernstein set a $40.00 price target on Intel in a research report on Tuesday, February 15th. Citigroup lowered their price target on Intel from $58.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, January 27th. BMO Capital Markets decreased their target price on Intel from $52.00 to $50.00 and set a “hold” rating for the company in a research report on Friday, February 18th. Finally, Morgan Stanley set a $55.00 target price on Intel in a research report on Tuesday, December 7th. Nine equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $56.07. Read more …

 


Dollar General (NYSE:DG) was upgraded by equities researchers at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research report issued to clients and investors on Friday, Briefing.com reports. The firm currently has a $220.00 price objective on the stock. Wells Fargo & Company's price objective indicates a potential upside of 15.30% from the stock's current price.

DG has been the subject of several other reports. Truist Financial started coverage on Dollar General in a research report on Thursday, January 13th. They issued a "hold" rating and a $228.00 target price for the company. BMO Capital Markets reiterated a "buy" rating and issued a $250.00 price objective on shares of Dollar General in a report on Friday, December 3rd. Morgan Stanley downgraded shares of Dollar General from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $250.00 to $225.00 in a research report on Tuesday, January 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Dollar General from $254.00 to $251.00 and set a "buy" rating on the stock in a report on Friday, December 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $239.89. Read more …

 


Home Depot (NYSE:HD) was upgraded by Edward Jones from a "hold" rating to a "buy" rating in a report issued on Friday, FinViz reports.

HD has been the topic of a number of other research reports. Robert W. Baird reduced their price objective on Home Depot from $425.00 to $380.00 in a research note on Tuesday. Barclays upped their price objective on Home Depot from $350.00 to $430.00 and gave the company an "overweight" rating in a report on Wednesday, November 17th. TheStreet downgraded Home Depot from a "b" rating to a "c+" rating in a report on Tuesday. Credit Suisse Group upped their price objective on Home Depot from $357.00 to $450.00 and gave the company an "outperform" rating in a report on Thursday, November 18th. Finally, Evercore ISI increased their price target on Home Depot from $385.00 to $420.00 and gave the stock an "outperform" rating in a report on Wednesday, November 17th. Five analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Home Depot currently has an average rating of "Buy" and an average price target of $394.48. Read more …

 

 

 

Downgrades:

 


Eversource Energy (NYSE:ES) was downgraded by research analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, Analyst Ratings Network reports. They currently have a $80.00 price target on the utilities provider’s stock. Bank of America‘s target price points to a potential downside of 1.17% from the stock’s previous close.

A number of other research analysts have also issued reports on the stock. Morgan Stanley dropped their price objective on shares of Eversource Energy from $89.00 to $85.00 and set an “equal weight” rating for the company in a report on Friday, February 18th. Wells Fargo & Company reduced their price objective on shares of Eversource Energy from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday. Mizuho raised Eversource Energy from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $82.00 to $87.00 in a research report on Thursday, October 28th. BMO Capital Markets lowered Eversource Energy from an “outperform” rating to a “market perform” rating and set a $95.00 price target on the stock. in a research report on Monday, January 10th. Finally, StockNews.com downgraded Eversource Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, February 16th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $88.00. Read more …

 

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