Notable Analyst Upgrades and Downgrades for Week of April 18 2022

 



Upgrades:

 


Robert W. Baird upgraded shares of H.B. Fuller (NYSE:FUL) from a neutral rating to an outperform rating in a research note released on Thursday, Marketbeat Ratings reports. The brokerage currently has $85.00 price target on the specialty chemicals company’s stock.

A number of other research firms have also recently commented on FUL. JPMorgan Chase & Co. cut shares of H.B. Fuller from an overweight rating to a neutral rating and cut their price target for the company from $75.00 to $73.00 in a report on Friday, January 21st. StockNews.com began coverage on shares of H.B. Fuller in a report on Thursday, March 31st. They set a hold rating on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of H.B. Fuller from $80.00 to $72.00 and set a hold rating on the stock in a report on Monday, March 28th. Seaport Res Ptn restated a buy rating on shares of H.B. Fuller in a report on Thursday, January 20th. Finally, Zacks Investment Research cut shares of H.B. Fuller from a buy rating to a hold rating in a report on Friday, March 25th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, H.B. Fuller has an average rating of Hold and an average price target of $74.83. Read more …

 


Travelers Companies (NYSE:TRV) was upgraded by equities researchers at Raymond James from an “underperform” rating to a “market perform” rating in a note issued to investors on Wednesday, The Fly reports.

A number of other research analysts have also weighed in on TRV. Zacks Investment Research raised Travelers Companies from a “hold” rating to a “buy” rating and set a $199.00 price objective on the stock in a report on Monday, March 28th. Credit Suisse Group increased their price objective on Travelers Companies from $153.00 to $178.00 in a report on Tuesday, January 25th. Barclays increased their price objective on Travelers Companies from $170.00 to $185.00 and gave the company an “equal weight” rating in a report on Tuesday, April 12th. Morgan Stanley cut their price objective on Travelers Companies from $185.00 to $180.00 and set an “equal weight” rating on the stock in a report on Thursday, April 14th. Finally, Evercore ISI assumed coverage on Travelers Companies in a report on Friday, January 21st. They set a “hold” rating and a $180.00 target price on the stock. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $178.36. Read more …

 


Exxon Mobil (NYSE:XOM) 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 Thursday, The Fly reports.

A number of other equities research analysts have also recently issued reports on XOM. TheStreet upgraded Exxon Mobil from a “c+” rating to a “b-” rating in a report on Wednesday, January 19th. Argus upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a report on Wednesday, February 2nd. Credit Suisse Group set a $76.00 price objective on Exxon Mobil in a report on Friday, January 7th. JPMorgan Chase & Co. set a $100.00 price objective on Exxon Mobil in a report on Tuesday, March 29th. Finally, Citigroup boosted their price objective on Exxon Mobil from $74.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, March 3rd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has a consensus rating of “Hold” and an average price target of $77.35. Read more …

 

 


Kroger (NYSE:KR) was upgraded by equities researchers at BNP Paribas from an “underperform” rating to a “neutral” rating in a research note issued to investors on Friday, Briefing.com reports. The firm presently has a $60.00 price objective on the stock. BNP Paribas’ price objective points to a potential upside of 3.13% from the company’s current price.

A number of other research analysts also recently issued reports on the company. BMO Capital Markets boosted their price target on Kroger from $41.00 to $57.00 and gave the company a “market perform” rating in a report on Friday, March 4th. Credit Suisse Group boosted their price target on Kroger from $47.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, March 4th. Telsey Advisory Group boosted their price target on Kroger from $62.00 to $64.00 and gave the company an “outperform” rating in a report on Thursday, April 7th. Bank of America raised Kroger from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $61.00 to $75.00 in a research report on Friday, April 8th. Finally, Wells Fargo & Company cut Kroger from an “equal weight” rating to an “underweight” rating and set a $42.00 price objective on the stock. in a research report on Tuesday, January 25th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $50.95. Read more …

 

 

Downgrades:

 


Archer-Daniels-Midland (NYSE:ADM) was downgraded by research analysts at Monness Crespi & Hardt from a “buy” rating to a “neutral” rating in a report released on Monday, The Fly reports.

Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Archer-Daniels-Midland from a “buy” rating to a “hold” rating and set a $98.00 price objective on the stock. in a research report on Tuesday, March 29th. Argus lifted their price objective on shares of Archer-Daniels-Midland from $72.00 to $74.00 in a research report on Monday, January 3rd. The Goldman Sachs Group lifted their price objective on shares of Archer-Daniels-Midland from $79.00 to $91.00 and gave the company a “buy” rating in a research report on Wednesday, March 16th. Robert W. Baird lifted their price objective on shares of Archer-Daniels-Midland from $70.00 to $73.00 in a research report on Wednesday, January 26th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Archer-Daniels-Midland in a research report on Wednesday, January 12th. They set a “hold” rating and a $74.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Archer-Daniels-Midland presently has an average rating of “Hold” and a consensus target price of $74.71. Read more …

 


QUALCOMM (NASDAQ:QCOM) was downgraded by analysts at Sumitomo Mitsui Financial Group from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday, Briefing.com reports. They currently have a $155.00 price objective on the wireless technology company’s stock, down from their prior price objective of $215.00. Sumitomo Mitsui Financial Group’s target price would suggest a potential upside of 13.21% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Raymond James raised their price objective on QUALCOMM from $190.00 to $222.00 and gave the stock a “strong-buy” rating in a report on Thursday, February 3rd. Canaccord Genuity Group lifted their price target on shares of QUALCOMM from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of QUALCOMM from $240.00 to $205.00 in a research report on Tuesday, April 5th. StockNews.com assumed coverage on shares of QUALCOMM in a research report on Thursday, March 31st. They set a “strong-buy” rating for the company. Finally, Robert W. Baird raised their price objective on QUALCOMM from $200.00 to $250.00 in a research report on Friday, February 4th. Ten investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $198.62. Read more …

 

 


Eastman Chemical (NYSE:EMN) was downgraded by Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Tuesday, Marketbeat Ratings reports. They currently have a $124.00 price objective on the basic materials company’s stock, down from their previous price objective of $150.00. Bank of America‘s price target would suggest a potential upside of 11.71% from the stock’s current price.

A number of other brokerages have also recently issued reports on EMN. Piper Sandler reduced their price objective on Eastman Chemical from $126.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday, March 9th. Barclays boosted their price objective on Eastman Chemical from $128.00 to $130.00 and gave the stock an “equal weight” rating in a report on Monday, January 31st. Morgan Stanley boosted their price objective on Eastman Chemical from $142.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, January 11th. Wells Fargo & Company reduced their price objective on Eastman Chemical from $138.00 to $128.00 and set an “overweight” rating for the company in a report on Wednesday, April 6th. Finally, StockNews.com initiated coverage on Eastman Chemical in a report on Thursday, March 31st. They set a “buy” rating for the company. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Eastman Chemical presently has an average rating of “Hold” and an average target price of $130.31. Read more …

 


Pinnacle West Capital (NYSE:PNW) was downgraded by stock analysts at Barclays from an “equal weight” rating to an “underweight” rating in a research report issued on Tuesday, MarketBeat.com reports. They presently have a $78.00 target price on the utilities provider’s stock, up from their prior target price of $72.00. Barclays‘s target price points to a potential upside of 0.05% from the stock’s previous close.

A number of other equities analysts have also weighed in on PNW. Wells Fargo & Company lifted their price objective on Pinnacle West Capital from $68.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday, February 28th. Mizuho lifted their price objective on Pinnacle West Capital from $72.00 to $74.00 and gave the company a “neutral” rating in a research note on Thursday, March 10th. Evercore ISI lowered Pinnacle West Capital from an “in-line” rating to an “underperform” rating and set a $68.00 price objective for the company. in a research note on Friday, March 11th. Argus lifted their price target on Pinnacle West Capital from $72.00 to $80.00 in a research note on Thursday, January 6th. Finally, StockNews.com started coverage on Pinnacle West Capital in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Six investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $74.75. Read more …

 


Morgan Stanley downgraded shares of Telephone and Data Systems (NYSE:TDS) from an overweight rating to an equal weight rating in a research report report published on Tuesday morning, Marketbeat reports. Morgan Stanley currently has $22.00 price target on the Wireless communications provider’s stock.

A number of other equities research analysts have also recently weighed in on the company. Zacks Investment Research raised Telephone and Data Systems from a sell rating to a hold rating and set a $21.00 price target on the stock in a report on Thursday, March 10th. Raymond James lowered their price objective on shares of Telephone and Data Systems from $33.00 to $25.00 and set a strong-buy rating on the stock in a research note on Tuesday, February 22nd. Finally, StockNews.com assumed coverage on shares of Telephone and Data Systems in a research note on Thursday, March 31st. They set a hold rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus target price of $24.83. Read more …

 

 


Chevron (NYSE:CVX) was downgraded by equities researchers at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research note issued on Thursday, The Fly reports.

Other analysts also recently issued research reports about the company. Barclays lifted their target price on Chevron from $148.00 to $183.00 in a research report on Wednesday, March 9th. Morgan Stanley cut Chevron from an “overweight” rating to an “equal weight” rating and set a $166.00 price target for the company. in a research report on Monday, March 14th. Cowen increased their price target on Chevron from $140.00 to $160.00 and gave the company an “outperform” rating in a research report on Thursday, March 3rd. Wells Fargo & Company increased their price target on Chevron from $150.00 to $184.00 and gave the company an “overweight” rating in a research report on Friday, March 11th. Finally, UBS Group increased their price target on Chevron from $150.00 to $192.00 and gave the company a “buy” rating in a research report on Tuesday, April 5th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $159.18. Read more …

 


Accenture (NYSE:ACN) was downgraded by analysts at Robert W. Baird to a “neutral” rating in a report released on Friday, 24/7 WallStreet reports.

Other analysts also recently issued research reports about the stock. Piper Sandler reduced their price target on shares of Accenture from $433.00 to $368.00 and set a “neutral” rating on the stock in a report on Friday, March 18th. BMO Capital Markets lowered their target price on Accenture from $460.00 to $385.00 in a report on Friday, March 18th. The Goldman Sachs Group cut their price target on Accenture from $446.00 to $386.00 and set a “neutral” rating for the company in a report on Tuesday, March 15th. Royal Bank of Canada increased their price objective on Accenture from $430.00 to $435.00 and gave the company an “outperform” rating in a research note on Friday, March 18th. Finally, Morgan Stanley upped their target price on shares of Accenture from $475.00 to $480.00 and gave the company an “overweight” rating in a report on Friday, April 8th. Eight investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $383.35. Read more …

 


Canadian National Railway (TSE:CNR) (NYSE:CNI) was downgraded by investment analysts at Raymond James from an “outperform” rating to a “market perform” rating in a report released on Friday, BayStreet.CA reports. They currently have a C$175.00 price objective on the stock, down from their previous price objective of C$180.00. Raymond James’ target price points to a potential upside of 10.78% from the stock’s previous close.

A number of other analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Canadian National Railway from a “hold” rating to a “buy” rating and raised their price target for the stock from C$129.00 to C$137.00 in a research report on Friday, January 14th. Veritas Investment Research restated a “reduce” rating on shares of Canadian National Railway in a research note on Wednesday, January 26th. JPMorgan Chase & Co. began coverage on Canadian National Railway in a research note on Thursday, March 10th. They set a “hold” rating and a C$171.00 price objective on the stock. Sanford C. Bernstein cut their target price on Canadian National Railway from C$168.00 to C$167.00 in a research note on Wednesday, January 26th. Finally, National Bankshares reduced their price target on shares of Canadian National Railway from C$172.00 to C$168.00 in a report on Friday, April 8th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Canadian National Railway presently has an average rating of “Hold” and a consensus target price of C$155.32. Read more …

 

 


Union Pacific (NYSE:UNP) was downgraded by equities researchers at UBS Group from a “buy” rating to a “neutral” rating in a report released on Friday, The Fly reports.

Several other brokerages have also issued reports on UNP. Royal Bank of Canada lowered shares of Union Pacific from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from $271.00 to $258.00 in a research report on Thursday, March 17th. Barclays lifted their target price on shares of Union Pacific from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, January 14th. Cowen raised their price target on shares of Union Pacific from $236.00 to $257.00 in a research note on Friday, January 21st. StockNews.com assumed coverage on shares of Union Pacific in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Finally, The Goldman Sachs Group raised their price target on shares of Union Pacific from $271.00 to $276.00 in a research note on Thursday. Eight analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $266.18. Read more …

 

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