Notable Analyst Upgrades and Downgrades for Week of March 21 2022

 



Upgrades:

 


Air Products and Chemicals (NYSE:APD) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a note issued to investors on Monday, The Fly reports. The firm presently has a $275.00 price target on the basic materials company's stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 18.70% from the company's previous close.

A number of other equities research analysts also recently commented on APD. Wolfe Research downgraded shares of Air Products and Chemicals from an "outperform" rating to a "peer perform" rating and cut their target price for the stock from $332.00 to $331.00 in a research report on Thursday, December 9th. Vertical Research upgraded shares of Air Products and Chemicals from a "hold" rating to a "buy" rating and set a $335.00 price target on the stock in a research note on Tuesday, January 4th. Mizuho dropped their price target on shares of Air Products and Chemicals from $313.00 to $312.00 and set a "buy" rating on the stock in a research note on Monday, February 7th. BMO Capital Markets cut shares of Air Products and Chemicals from an "outperform" rating to a "market perform" rating and dropped their price target for the stock from $383.00 to $280.00 in a research note on Tuesday, February 8th. Finally, Cowen dropped their price target on shares of Air Products and Chemicals from $365.00 to $345.00 in a research note on Monday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, Air Products and Chemicals currently has a consensus rating of "Buy" and a consensus price target of $313.82. Read more …

 


Ecolab (NYSE:ECL) was upgraded by research analysts at Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday, Briefing.com reports. The brokerage currently has a $196.00 price objective on the basic materials company’s stock, down from their prior price objective of $210.00. Bank of America‘s price target points to a potential upside of 14.81% from the stock’s previous close.

ECL has been the subject of several other research reports. Citigroup reduced their price target on shares of Ecolab from $220.00 to $205.00 and set a “neutral” rating for the company in a report on Wednesday, February 16th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ecolab from $230.00 to $210.00 in a report on Thursday, February 17th. Evercore ISI assumed coverage on shares of Ecolab in a report on Thursday, December 2nd. They issued a $235.00 price target for the company. Royal Bank of Canada lowered shares of Ecolab from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $245.00 to $225.00 in a research note on Friday, January 21st. Finally, Morgan Stanley reduced their price objective on shares of Ecolab from $240.00 to $200.00 and set an “equal weight” rating for the company in a research note on Thursday, February 17th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $210.14. Read more …

 


Altria Group (NYSE:MO) was upgraded by equities researchers at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a research note issued on Tuesday, The Fly reports.

MO has been the topic of a number of other research reports. Bank of America cut Altria Group from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $56.00 to $50.00 in a research note on Wednesday, January 5th. Morgan Stanley lifted their price target on Altria Group from $47.00 to $51.00 and gave the stock an "equal weight" rating in a research note on Wednesday, January 26th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $53.14.

MO stock opened at $52.25 on Tuesday. Altria Group has a 1 year low of $42.53 and a 1 year high of $53.83. The stock's fifty day moving average is $50.94 and its two-hundred day moving average is $48.22. The company has a debt-to-equity ratio of 8.67, a quick ratio of 0.57 and a current ratio of 0.71. The stock has a market capitalization of $94.95 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 2.67 and a beta of 0.59. Read more …

 

 


Procter & Gamble (NYSE:PG) was upgraded by investment analysts at Truist Financial from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, The Fly reports. The brokerage presently has a $175.00 price objective on the stock, up from their previous price objective of $165.00. Truist Financial’s price target would indicate a potential upside of 16.11% from the stock’s previous close.

A number of other research analysts have also issued reports on PG. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Procter & Gamble from $179.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, March 16th. Morgan Stanley raised their price objective on shares of Procter & Gamble from $161.00 to $177.00 and gave the company an “overweight” rating in a report on Thursday, January 20th. Royal Bank of Canada raised their price objective on shares of Procter & Gamble from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Thursday, January 20th. Finally, StockNews.com upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Tuesday, February 15th. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $156.33. Read more …

 


Sherwin-Williams (NYSE:SHW) was upgraded by Bank of America from a "neutral" rating to a "buy" rating in a note issued to investors on Tuesday, The Fly reports.

A number of other brokerages also recently weighed in on SHW. Jefferies Financial Group cut their price target on shares of Sherwin-Williams from $320.00 to $275.00 and set a "hold" rating on the stock in a research report on Wednesday, March 9th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Sherwin-Williams from $350.00 to $330.00 and set a "buy" rating on the stock in a report on Friday, January 28th. TheStreet downgraded shares of Sherwin-Williams from a "b" rating to a "c+" rating in a report on Monday, February 28th. Barclays lowered their price objective on shares of Sherwin-Williams from $355.00 to $345.00 in a report on Tuesday, January 18th. Finally, Morgan Stanley lifted their price objective on shares of Sherwin-Williams from $345.00 to $375.00 and gave the company an "overweight" rating in a report on Tuesday, January 11th. Nine equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $330.85. Read more …

 


ABB (NYSE:ABB) was upgraded by equities research analysts at Oddo Bhf from an "underperform" rating to a "neutral" rating in a note issued to investors on Wednesday, The Fly reports.

Several other equities research analysts have also recently issued reports on the company. Royal Bank of Canada upgraded ABB from a "sector perform" rating to an "outperform" rating in a report on Wednesday, January 19th. HSBC cut ABB from a "buy" rating to a "hold" rating in a report on Tuesday, March 1st. StockNews.com upgraded ABB from a "buy" rating to a "strong-buy" rating in a report on Monday, February 28th. Kepler Capital Markets reiterated a "buy" rating on shares of ABB in a report on Tuesday, December 21st. Finally, Zacks Investment Research upgraded ABB from a "sell" rating to a "hold" rating and set a $37.00 target price on the stock in a report on Tuesday, February 8th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $36.12.

Shares of NYSE:ABB opened at $35.31 on Wednesday. The business's fifty day moving average price is $34.56 and its two-hundred day moving average price is $35.16. The stock has a market cap of $72.50 billion, a PE ratio of 15.56, a price-to-earnings-growth ratio of 3.80 and a beta of 1.06. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.89 and a current ratio of 1.20. ABB has a one year low of $30.07 and a one year high of $39.11. Read more …

 

 

 

Downgrades:

 


Keurig Dr Pepper (NASDAQ:KDP) was downgraded by equities research analysts at Truist Financial from a “buy” rating to a “hold” rating in a report issued on Tuesday, The Fly reports. They currently have a $40.00 price objective on the stock. Truist Financial’s price target indicates a potential upside of 5.88% from the company’s current price.

Shares of NASDAQ:KDP opened at $37.78 on Tuesday. The company has a market cap of $53.58 billion, a P/E ratio of 25.19, a PEG ratio of 3.47 and a beta of 0.67. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.47 and a quick ratio of 0.33. Keurig Dr Pepper has a 1 year low of $32.44 and a 1 year high of $39.35. The stock’s fifty day moving average price is $38.08 and its 200-day moving average price is $36.28.

Keurig Dr Pepper (NASDAQ:KDP) last posted its quarterly earnings data on Thursday, February 24th. The company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. The company had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.30 billion. Keurig Dr Pepper had a return on equity of 9.35% and a net margin of 16.92%. Keurig Dr Pepper’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. On average, sell-side analysts anticipate that Keurig Dr Pepper will post 1.69 earnings per share for the current year. Read more …

 


Philip Morris International (NYSE:PM) was downgraded by analysts at The Goldman Sachs Group from a "buy" rating to a "neutral" rating in a research note issued to investors on Tuesday, The Fly reports.

Other equities research analysts have also recently issued reports about the stock. Barclays dropped their price target on shares of Philip Morris International from $125.00 to $120.00 in a research report on Friday, February 25th. JPMorgan Chase & Co. cut shares of Philip Morris International from an "overweight" rating to a "neutral" rating and dropped their price target for the company from $130.00 to $110.00 in a research report on Monday, March 7th. Morgan Stanley lifted their price objective on shares of Philip Morris International from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Wednesday, January 26th. UBS Group lifted their price objective on shares of Philip Morris International from $95.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, February 17th. Finally, StockNews.com cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Tuesday, March 15th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $112.57. Read more …

 


Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was downgraded by equities research analysts at Industrial Alliance Securities from a "buy" rating to a "hold" rating in a research note issued to investors on Friday, The Fly reports.

A number of other analysts also recently weighed in on the company. Zacks Investment Research downgraded Brookfield Renewable Partners from a "hold" rating to a "strong sell" rating in a report on Wednesday, February 9th. TD Securities upgraded Brookfield Renewable Partners from a "hold" rating to a "buy" rating and decreased their price objective for the company from $44.00 to $41.00 in a report on Thursday, December 16th. Raymond James reiterated an "outperform" rating and set a $42.00 price target on shares of Brookfield Renewable Partners in a report on Monday, February 7th. National Bankshares upgraded Brookfield Renewable Partners from a "sector perform" rating to an "outperform" rating and set a $38.00 price target for the company in a report on Wednesday, January 19th. Finally, Scotiabank upgraded Brookfield Renewable Partners from a "sector perform" rating to a "sector outperform" rating in a report on Friday, January 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $41.88. Read more …

 

 


Prudential Financial (NYSE:PRU) was downgraded by Credit Suisse Group from an "outperform" rating to a "neutral" rating in a report issued on Friday, Briefing.com reports. They presently have a $121.00 price objective on the financial services provider's stock, down from their prior price objective of $131.00. Credit Suisse Group's price target would indicate a potential upside of 1.54% from the company's previous close.

A number of other research analysts have also recently commented on the company. Jefferies Financial Group started coverage on Prudential Financial in a research note on Tuesday, January 25th. They set an "underperform" rating and a $93.00 target price on the stock. JPMorgan Chase & Co. upped their target price on Prudential Financial from $112.00 to $114.00 in a research note on Tuesday, January 4th. The Goldman Sachs Group began coverage on Prudential Financial in a research note on Thursday, December 2nd. They set a "neutral" rating and a $115.00 target price on the stock. Wolfe Research began coverage on Prudential Financial in a research note on Friday, January 21st. They issued a "market perform" rating and a $131.00 price objective on the stock. Finally, Barclays increased their price objective on Prudential Financial from $114.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 11th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $110.71. Read more …

 

Comments