Upgrades:
Emerson Electric (NYSE:EMR) was upgraded by equities research analysts at Oppenheimer to an "outperform" rating in a research report issued to clients and investors on Wednesday, Stock Target Advisor reports. The brokerage presently has a $110.00 price target on the industrial products company's stock. Oppenheimer's price target points to a potential upside of 17.40% from the company's previous close.
A number of other equities analysts have also weighed in on
the stock. Morgan Stanley increased their target price on shares of Emerson
Electric from $102.00 to $108.00 and gave the stock an "equal weight"
rating in a research report on Thursday, February 3rd. Sanford C. Bernstein
initiated coverage on shares of Emerson Electric in a research note on Monday,
January 10th. They issued a "market perform" rating and a $100.00
price objective for the company. Royal Bank of Canada upgraded Emerson Electric
from a "sector perform" rating to an "outperform" rating
and increased their target price for the stock from $104.00 to $116.00 in a
research report on Tuesday, January 4th. Mizuho began coverage on Emerson
Electric in a report on Thursday, December 16th. They issued a
"neutral" rating and a $100.00 price target for the company. Finally,
Citigroup increased their price objective on Emerson Electric from $120.00 to
$123.00 in a report on Thursday, February 3rd. Five equities research analysts
have rated the stock with a hold rating and seven have given a buy rating to
the stock. Based on data from MarketBeat, Emerson Electric has an average
rating of "Buy" and an average price target of $108.42. Read
more …
J.B. Hunt Transport Services (NASDAQ:JBHT) was upgraded by investment analysts at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a note issued to investors on Wednesday, The Fly reports.
Other equities research analysts have also recently issued
reports about the stock. JPMorgan Chase & Co. raised shares of J.B. Hunt
Transport Services from an "underweight" rating to a
"neutral" rating and upped their target price for the company from
$175.00 to $203.00 in a report on Friday, February 18th. Citigroup raised their
target price on shares of J.B. Hunt Transport Services from $205.00 to $230.00
in a report on Wednesday, January 12th. Wells Fargo & Company raised their
target price on shares of J.B. Hunt Transport Services from $233.00 to $240.00
and gave the stock an "overweight" rating in a report on Wednesday,
January 19th. Deutsche Bank Aktiengesellschaft raised their target price on
shares of J.B. Hunt Transport Services from $198.00 to $210.00 and gave the
stock a "hold" rating in a report on Thursday, January 20th. Finally,
Raymond James increased their price target on shares of J.B. Hunt Transport
Services from $200.00 to $215.00 and gave the stock an "outperform"
rating in a research report on Friday, January 7th. Nine analysts have rated
the stock with a hold rating and twelve have issued a buy rating to the
company's stock. Based on data from MarketBeat, J.B. Hunt Transport Services
currently has a consensus rating of "Buy" and a consensus target
price of $203.88. Read
more …
Paychex (NASDAQ:PAYX) was upgraded by research analysts at Bank of America from an "underperform" rating to a "neutral" rating in a note issued to investors on Wednesday, The Fly reports.
Several other research analysts have also commented on the
company. Cowen upgraded Paychex from a "market perform" rating to an
"outperform" rating and lifted their price target for the stock from
$130.00 to $145.00 in a report on Tuesday, January 11th. Stifel Nicolaus lifted
their target price on Paychex from $118.00 to $140.00 and gave the company a
"hold" rating in a research report on Thursday, December 23rd.
Barclays boosted their price objective on Paychex from $115.00 to $140.00 and
gave the stock an "equal weight" rating in a research report on
Thursday, December 23rd. Finally, Morgan Stanley upped their price target on
Paychex from $105.00 to $135.00 and gave the company an "equal
weight" rating in a report on Thursday, December 23rd. Three analysts have
rated the stock with a sell rating, nine have assigned a hold rating and three
have issued a buy rating to the company's stock. Based on data from MarketBeat,
the company has an average rating of "Hold" and an average price
target of $121.21.
Shares of PAYX stock opened at $118.43 on Wednesday. The
stock's fifty day moving average is $122.10 and its two-hundred day moving
average is $120.39. The company has a debt-to-equity ratio of 0.26, a quick
ratio of 1.27 and a current ratio of 1.27. The firm has a market capitalization
of $42.72 billion, a P/E ratio of 33.55, a PEG ratio of 4.53 and a beta of
0.97. Paychex has a fifty-two week low of $92.74 and a fifty-two week high of
$138.96. Read
more …
Hormel Foods (NYSE:HRL) was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a report released on Thursday, The Fly reports. The firm presently has a $57.00 target price on the stock. Argus’ price target indicates a potential upside of 14.21% from the stock’s current price.
Several other research firms have also recently commented on
HRL. BMO Capital Markets reiterated a “hold” rating on shares of Hormel Foods
in a report on Friday, December 10th. TheStreet upgraded shares of Hormel Foods
from a “c+” rating to a “b-” rating in a report on Friday, December 17th.
Credit Suisse Group boosted their price target on shares of Hormel Foods from
$44.00 to $46.00 and gave the stock a “neutral” rating in a report on
Wednesday, March 2nd. Piper Sandler boosted their price target on shares of
Hormel Foods from $48.00 to $49.00 and gave the stock a “neutral” rating in a
report on Wednesday, March 2nd. Finally, JPMorgan Chase & Co. upped their
target price on shares of Hormel Foods from $46.00 to $48.00 and gave the
company a “neutral” rating in a report on Wednesday, March 2nd. Six equities
research analysts have rated the stock with a hold rating and one has issued a
buy rating to the company. Based on data from MarketBeat, Hormel Foods
presently has an average rating of “Hold” and an average price target of
$49.67. Read
more …
Essential Utilities (NYSE:WTRG) was upgraded by analysts at Evercore ISI from an “in-line” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The brokerage presently has a $53.00 price objective on the stock, up from their previous price objective of $52.00. Evercore ISI’s price objective suggests a potential upside of 13.15% from the company’s current price.
Separately, Barclays upgraded shares of Essential Utilities
from an “equal weight” rating to an “overweight” rating and lifted their price
target for the stock from $50.00 to $56.00 in a research report on Wednesday,
December 8th.
NYSE:WTRG opened at $46.84 on Thursday. The company has a
50-day moving average of $48.29 and a 200-day moving average of $48.34. The
company has a market capitalization of $11.84 billion, a price-to-earnings
ratio of 28.05, a PEG ratio of 4.51 and a beta of 0.63. Essential Utilities has
a 52 week low of $41.79 and a 52 week high of $53.93. The company has a
debt-to-equity ratio of 1.11, a quick ratio of 0.46 and a current ratio of
0.65. Read
more …
Downgrades:
BlackRock (NYSE:BLK) was downgraded by equities research analysts at Exane BNP Paribas from an "outperform" rating to a "neutral" rating in a research report issued on Tuesday, The Fly reports.
Several other research firms have also recently issued
reports on BLK. BMO Capital Markets lifted their price objective on BlackRock
from $756.00 to $795.00 in a report on Tuesday, January 18th. Deutsche Bank
Aktiengesellschaft lowered their target price on shares of BlackRock from
$1,125.00 to $1,024.00 and set a "buy" rating for the company in a
research note on Friday, February 18th. Bank of America initiated coverage on
shares of BlackRock in a research note on Thursday, December 16th. They issued
a "buy" rating for the company. Morgan Stanley decreased their target
price on shares of BlackRock from $1,051.00 to $1,043.00 and set an
"overweight" rating for the company in a research note on Tuesday,
January 18th. Finally, BNP Paribas downgraded shares of BlackRock from an
"outperform" rating to a "neutral" rating and set a $725.00
target price for the company. in a research note on Tuesday. Three 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.com, the company has an
average rating of "Buy" and an average price target of $963.13. Read
more …
Canadian Pacific Railway (NYSE:CP) (TSE:CP) was downgraded by research analysts at Raymond James from an "outperform" rating to a "market perform" rating in a note issued to investors on Wednesday, Briefing.com reports.
CP has been the topic of several other research reports.
Evercore ISI initiated coverage on shares of Canadian Pacific Railway in a
report on Monday, December 20th. They issued an "outperform" rating
on the stock. Scotiabank decreased their price target on shares of Canadian
Pacific Railway from C$106.00 to C$105.00 in a report on Wednesday, January
19th. Citigroup upped their price target on shares of Canadian Pacific Railway
from $80.00 to $84.00 and gave the stock a "buy" rating in a report
on Wednesday, January 5th. Zacks Investment Research raised shares of Canadian
Pacific Railway from a "sell" rating to a "hold" rating and
set a $76.00 price target on the stock in a report on Monday, February 21st.
Finally, Susquehanna raised shares of Canadian Pacific Railway from a
"neutral" rating to a "positive" rating and upped their
price target for the stock from $73.00 to $87.00 in a report on Monday, January
3rd. Six research analysts have rated the stock with a hold rating and sixteen
have assigned a buy rating to the company's stock. According to MarketBeat.com,
Canadian Pacific Railway has an average rating of "Buy" and an
average price target of $93.50. Read
more …
Domino's Pizza (NYSE:DPZ) was downgraded by equities research analysts at Loop Capital from a "buy" rating to a "hold" rating in a note issued to investors on Wednesday, Briefing.com reports. They currently have a $413.00 price target on the restaurant operator's stock. Loop Capital's price objective indicates a potential upside of 5.05% from the company's current price.
Several other analysts also recently issued reports on the
stock. Robert W. Baird lowered their price objective on shares of Domino's
Pizza from $520.00 to $480.00 in a research report on Wednesday, March 2nd. BMO
Capital Markets decreased their price target on shares of Domino's Pizza from
$480.00 to $450.00 and set a "market perform" rating for the company
in a research report on Wednesday, March 2nd. Guggenheim decreased their price
target on shares of Domino's Pizza from $480.00 to $445.00 and set a
"neutral" rating for the company in a research report on Thursday,
March 3rd. Morgan Stanley decreased their price target on shares of Domino's
Pizza from $535.00 to $460.00 and set an "equal weight" rating for
the company in a research report on Wednesday, March 2nd. Finally, Royal Bank
of Canada decreased their price target on shares of Domino's Pizza from $550.00
to $525.00 and set an "outperform" rating for the company in a
research report on Wednesday, March 2nd. One research analyst has rated the
stock with a sell rating, nineteen have assigned a hold rating and eight have
issued a buy rating to the company's stock. According to data from
MarketBeat.com, the company presently has an average rating of "Hold"
and a consensus price target of $484.19. Read
more …
Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) was downgraded by research analysts at TD Securities from a “buy” rating to a “hold” rating in a report issued on Thursday, Briefing.com reports.
Several other equities analysts also recently commented on
BNS. Zacks Investment Research raised Bank of Nova Scotia from a “sell” rating
to a “hold” rating in a research report on Thursday, February 24th. Veritas
Investment Research reaffirmed a “buy” rating on shares of Bank of Nova Scotia
in a research report on Friday, November 12th. Stifel Nicolaus upped their
price objective on Bank of Nova Scotia from C$104.00 to C$107.00 in a research
report on Wednesday, March 2nd. Fundamental Research upped their price
objective on Bank of Nova Scotia from $87.68 to $100.91 and gave the company a
“buy” rating in a research report on Tuesday, December 7th. Finally, Barclays upped
their price objective on Bank of Nova Scotia from C$97.00 to C$99.00 in a
research report on Wednesday, March 2nd. Five equities research analysts have
rated the stock with a hold rating and eight have given a buy rating to the
company. According to data from MarketBeat.com, the stock has an average rating
of “Buy” and a consensus price target of $93.74. Read
more …
Cisco Systems (NASDAQ:CSCO) was downgraded by equities researchers at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Thursday, MarketBeat.com reports. They presently have a $65.00 price target on the network equipment provider’s stock, down from their previous price target of $70.00. Wells Fargo & Company‘s target price would suggest a potential upside of 16.24% from the company’s previous close.
A number of other equities analysts have also recently
issued reports on CSCO. Raymond James cut their price objective on shares of
Cisco Systems from $64.00 to $63.00 and set an “outperform” rating on the stock
in a research report on Thursday, February 17th. Barclays raised their price
target on shares of Cisco Systems from $61.00 to $68.00 in a research note on
Thursday, February 17th. The Goldman Sachs Group downgraded shares of Cisco
Systems from a “buy” rating to a “neutral” rating and set a $65.00 price
objective for the company. in a report on Wednesday, January 19th. Morgan
Stanley raised their price target on shares of Cisco Systems from $59.00 to
$61.00 and gave the company an “equal weight” rating in a report on Wednesday,
December 15th. Finally, JPMorgan Chase & Co. cut their price target on
shares of Cisco Systems from $70.00 to $69.00 in a report on Thursday, January
20th. Thirteen investment analysts have rated the stock with a hold rating and
twelve have issued a buy rating to the company. According to MarketBeat, Cisco
Systems currently has an average rating of “Hold” and an average target price
of $63.63. Read
more …
McDonald’s (NYSE:MCD) was downgraded by equities research analysts at Northcoast Research from a “buy” rating to a “neutral” rating in a report issued on Thursday, The Fly reports.
MCD has been the topic of a number of other research
reports. Piper Sandler upgraded McDonald’s from a “neutral” rating to an
“overweight” rating and increased their price objective for the stock from
$232.00 to $282.00 in a report on Monday, January 3rd. The Goldman Sachs Group
raised their target price on McDonald’s from $284.00 to $287.00 in a research
report on Wednesday, January 19th. Morgan Stanley raised their target price on
McDonald’s from $275.00 to $294.00 and gave the company an “overweight” rating
in a research note on Friday, January 14th. BTIG Research lifted their price objective
on McDonald’s from $255.00 to $295.00 and gave the stock a “buy” rating in a
research report on Tuesday, December 14th. Finally, Barclays raised their
target price on McDonald’s from $300.00 to $305.00 and gave the stock an
“overweight” rating in a report on Friday, January 28th. Five research analysts
have rated the stock with a hold rating and twenty-five have assigned a buy
rating to the stock. According to data from MarketBeat.com, the company has a
consensus rating of “Buy” and an average target price of $279.37. Read
more …
TransAlta Renewables (TSE:RNW) was downgraded by stock analysts at Industrial Alliance Securities to a “hold” rating in a research report issued on Thursday, TipRanks reports. They currently have a C$19.00 price target on the stock. Industrial Alliance Securities’ price objective suggests a potential upside of 2.98% from the company’s previous close.
A number of other research firms also recently issued
reports on RNW. National Bankshares dropped their target price on shares of
TransAlta Renewables from C$19.00 to C$18.50 and set a “sector perform” rating
on the stock in a research report on Wednesday, January 12th. Scotiabank
decreased their price target on shares of TransAlta Renewables from C$19.00 to
C$18.50 in a research note on Thursday, January 27th. Raymond James set a
C$19.00 price target on shares of TransAlta Renewables and gave the company a “market
perform” rating in a research note on Friday, February 25th. Royal Bank of
Canada upgraded shares of TransAlta Renewables from a “sector perform” rating
to a “buy” rating and set a C$22.00 price target for the company in a research
note on Wednesday, January 12th. Finally, TD Securities decreased their price
target on shares of TransAlta Renewables from C$19.50 to C$18.00 and set a
“hold” rating for the company in a research note on Wednesday, January 12th.
Five investment analysts have rated the stock with a hold rating and two have
assigned a buy rating to the company. According to data from MarketBeat, the
company presently has an average rating of “Hold” and an average price target
of C$19.30. Read
more …
Chevron (NYSE:CVX) was downgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research report issued on Friday, Marketbeat.com reports. They presently have a $169.00 price target on the oil and gas company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential downside of 2.07% from the company’s previous close.
CVX has been the subject of a number of other reports. UBS
Group upgraded shares of Chevron from a “neutral” rating to a “buy” rating and
set a $125.00 target price for the company in a research note on Monday,
November 15th. The Goldman Sachs Group reduced their target price on shares of
Chevron from $146.00 to $142.00 and set a “neutral” rating for the company in a
research note on Monday, January 31st. Raymond James lifted their target price
on shares of Chevron from $150.00 to $173.00 and gave the company an
“outperform” rating in a research note on Wednesday, March 2nd. Credit Suisse
Group lifted their target price on shares of Chevron from $145.00 to $152.00
and gave the company an “outperform” rating in a research note on Friday,
February 25th. Finally, Cowen lifted their price target on shares of Chevron
from $140.00 to $160.00 and gave the company an “outperform” rating in a
research report on Thursday, March 3rd. One investment analyst has rated the
stock with a sell rating, five have given a hold rating, nineteen have assigned
a buy rating and one has issued a strong buy rating to the company. According
to data from MarketBeat.com, Chevron presently has a consensus rating of “Buy”
and a consensus price target of $150.29. Read
more …
Pinnacle West Capital (NYSE:PNW) was downgraded by equities research analysts at Evercore ISI from an "in-line" rating to an "underperform" rating in a research note issued to investors on Friday, Marketbeat.com reports. They currently have a $68.00 price objective on the utilities provider's stock. Evercore ISI's price target points to a potential downside of 8.39% from the stock's current price.
A number of other equities analysts have also issued reports
on the company. Morgan Stanley raised their price target on Pinnacle West
Capital from $66.00 to $70.00 and gave the stock an "equal weight"
rating in a report on Tuesday, December 21st. Wedbush raised their price target
on Pinnacle West Capital from $72.00 to $80.00 in a report on Friday, January
7th. Wells Fargo & Company raised their price target on Pinnacle West
Capital from $68.00 to $75.00 and gave the stock an "equal weight"
rating in a report on Monday, February 28th. Argus raised their price target on
Pinnacle West Capital from $72.00 to $80.00 in a report on Thursday, January
6th. Finally, Mizuho raised their price target on Pinnacle West Capital from
$72.00 to $74.00 and gave the stock a "neutral" rating in a report on
Thursday. Five equities research analysts have rated the stock with a sell
rating, five have issued a hold rating and three have assigned a buy rating to
the stock. According to data from MarketBeat.com, the stock currently has a
consensus rating of "Hold" and an average price target of $74.11. Read
more …
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