Notable Analyst Upgrades and Downgrades for Week of June 13 2022



 

Upgrades:

 


Royal Gold (NASDAQ:RGLD) (TSE:RGL) was upgraded by investment analysts at Canaccord Genuity Group from a "hold" rating to a "buy" rating in a research note issued on Monday, The Fly reports.

A number of other analysts also recently issued reports on the company. Barclays lifted their price target on Royal Gold from $122.00 to $128.00 in a research report on Thursday, April 21st. StockNews.com started coverage on Royal Gold in a research report on Thursday, March 31st. They set a "hold" rating for the company. JPMorgan Chase & Co. dropped their price target on Royal Gold from $147.00 to $143.00 and set an "overweight" rating for the company in a research report on Tuesday, February 22nd. National Bank Financial raised their price objective on Royal Gold from C$140.00 to C$165.00 in a report on Wednesday, April 20th. Finally, Raymond James set a $158.00 price objective on Royal Gold and gave the company an "outperform" rating in a report on Friday, May 6th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Royal Gold currently has a consensus rating of "Buy" and a consensus target price of $141.62. Read more …

 


Thomson Reuters (NYSE:TRI) (TSE:TRI) was upgraded by research analysts at CIBC from a “neutral” rating to a “sector outperform” rating in a report issued on Tuesday, The Fly reports.

Other research analysts also recently issued research reports about the stock. StockNews.com upgraded shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research report on Tuesday, May 17th. Bank of America initiated coverage on shares of Thomson Reuters in a research report on Friday, March 11th. They issued a “buy” rating for the company. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Thomson Reuters presently has a consensus rating of “Buy” and a consensus target price of $134.29.

NYSE TRI traded up $0.01 on Tuesday, reaching $96.33. 16,301 shares of the company’s stock traded hands, compared to its average volume of 460,749. The firm has a market cap of $46.92 billion, a price-to-earnings ratio of 28.67, a P/E/G ratio of 2.94 and a beta of 0.59. The stock has a 50 day moving average price of $100.26 and a 200-day moving average price of $106.21. Thomson Reuters has a fifty-two week low of $91.55 and a fifty-two week high of $123.60. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.01 and a current ratio of 1.01. Read more …

 


Tractor Supply (NASDAQ:TSCO) was upgraded by equities research analysts at Bank of America from a "neutral" rating to a "buy" rating in a research note issued on Tuesday, The Fly reports.

TSCO has been the topic of a number of other research reports. Wedbush reiterated a "neutral" rating on shares of Tractor Supply in a research report on Friday, April 22nd. Oppenheimer upgraded Tractor Supply from a "market perform" rating to an "outperform" rating and set a $270.00 target price on the stock in a research report on Friday, March 18th. They noted that the move was a valuation call. Gordon Haskett lowered Tractor Supply from a "buy" rating to an "accumulate" rating in a research report on Friday, May 6th. Robert W. Baird restated a "buy" rating and set a $250.00 target price on shares of Tractor Supply in a research report on Thursday, April 14th. Finally, Citigroup upped their target price on Tractor Supply from $240.00 to $250.00 and gave the company a "buy" rating in a research report on Friday, April 22nd. Six equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given 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 $241.17. Read more …

 

 


Digital Realty Trust (NYSE:DLR) was upgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report released on Wednesday, The Fly reports. The firm currently has a $144.00 price target on the real estate investment trust's stock, down from their prior price target of $150.00. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 15.60% from the stock's current price.

Several other equities analysts have also recently issued reports on the company. Citigroup decreased their price target on Digital Realty Trust from $165.00 to $160.00 and set a "buy" rating on the stock in a report on Friday, June 10th. Credit Suisse Group decreased their price target on Digital Realty Trust from $150.00 to $146.00 and set a "neutral" rating on the stock in a report on Friday, February 18th. StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Monday, May 2nd. Barclays raised their target price on Digital Realty Trust from $148.00 to $154.00 and gave the stock an "equal weight" rating in a report on Friday, February 18th. Finally, Cowen reduced their target price on Digital Realty Trust from $162.00 to $149.00 and set a "market perform" rating on the stock in a report on Friday, February 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Digital Realty Trust currently has a consensus rating of "Buy" and an average target price of $166.38. Read more …

 


Arthur J. Gallagher & Co. (NYSE:AJG) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report released on Thursday, The Fly reports.

AJG has been the topic of several other research reports. StockNews.com started coverage on shares of Arthur J. Gallagher & Co. in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Wells Fargo & Company lifted their target price on shares of Arthur J. Gallagher & Co. from $193.00 to $209.00 and gave the company an “overweight” rating in a report on Tuesday, April 12th. UBS Group assumed coverage on shares of Arthur J. Gallagher & Co. in a report on Monday, April 18th. They issued a “neutral” rating and a $192.00 target price on the stock. Raymond James upgraded shares of Arthur J. Gallagher & Co. from an “outperform” rating to a “strong-buy” rating and raised their price objective for the company from $185.00 to $195.00 in a research note on Monday, May 2nd. Finally, Truist Financial raised their price objective on shares of Arthur J. Gallagher & Co. from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Wednesday, April 6th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $175.60. Read more …

 


Dollar General (NYSE:DG) was upgraded by Morgan Stanley from an "equal weight" rating to an "overweight" rating in a report issued on Thursday, The Fly reports.

A number of other equities analysts also recently issued reports on the company. BMO Capital Markets increased their price objective on Dollar General from $250.00 to $265.00 and gave the stock an "outperform" rating in a report on Friday, March 18th. Telsey Advisory Group decreased their price objective on Dollar General from $265.00 to $230.00 and set an "outperform" rating for the company in a report on Tuesday, May 24th. Wells Fargo & Company raised their price target on Dollar General from $220.00 to $255.00 in a report on Thursday, March 17th. Loop Capital restated a "buy" rating on shares of Dollar General in a report on Friday, May 20th. Finally, Truist Financial raised their price target on Dollar General from $178.00 to $227.00 and gave the company a "hold" rating in a report on Friday, May 27th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $243.25. Read more …

 

 


Robert W. Baird upgraded shares of American Express (NYSE:AXP) from a neutral rating to an outperform rating in a research report report published on Friday morning, The Fly reports. They currently have $175.00 price objective on the payment services company’s stock.

AXP has been the subject of a number of other research reports. Royal Bank of Canada lifted their price target on American Express from $195.00 to $200.00 and gave the company a sector perform rating in a research report on Monday, April 25th. Bank of America lifted their price target on American Express from $204.00 to $206.00 in a research report on Thursday, March 17th. Citigroup boosted their target price on American Express from $187.00 to $190.00 and gave the stock a neutral rating in a research report on Tuesday, April 26th. Edward Jones upgraded American Express from a hold rating to a buy rating in a research report on Monday, June 6th. Finally, StockNews.com initiated coverage on American Express in a research report on Thursday, March 31st. They issued a hold rating for the company. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, American Express presently has a consensus rating of Hold and a consensus price target of $192.89. Read more …

 


M&T Bank (NYSE:MTB) was upgraded by investment analysts at Robert W. Baird from a "neutral" rating to an "outperform" rating in a research note issued on Friday, The Fly reports. The firm currently has a $200.00 price objective on the financial services provider's stock, up from their previous price objective of $175.00. Robert W. Baird's target price indicates a potential upside of 24.50% from the stock's current price.

A number of other equities analysts have also commented on MTB. Wedbush boosted their price objective on M&T Bank from $187.00 to $212.00 in a research note on Thursday, April 21st. Piper Sandler upped their price target on M&T Bank from $200.00 to $210.00 in a research note on Wednesday, April 20th. Citigroup started coverage on M&T Bank in a research note on Thursday, March 24th. They set a "buy" rating on the stock. Morgan Stanley raised M&T Bank from an "underweight" rating to an "overweight" rating and upped their price target for the company from $179.00 to $238.00 in a research note on Thursday, April 21st. Finally, The Goldman Sachs Group upped their price target on M&T Bank from $183.00 to $210.00 and gave the company a "neutral" rating in a research note on Monday, April 4th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, M&T Bank has a consensus rating of "Buy" and a consensus target price of $194.62. Read more …

 


TELUS (NYSE:TU) (TSE:T) was upgraded by TD Securities from a "hold" rating to a "buy" rating in a note issued to investors on Friday, The Fly reports.

Several other research firms have also issued reports on TU. StockNews.com upgraded shares of TELUS from a "sell" rating to a "hold" rating in a research report on Friday, June 3rd. Desjardins upped their price objective on shares of TELUS from C$34.50 to C$36.00 in a research note on Tuesday, May 10th. Finally, Barclays downgraded shares of TELUS from an "overweight" rating to an "equal weight" rating and set a $26.00 price objective for the company. in a research note on Tuesday, May 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $33.75.

TU opened at $21.36 on Friday. The company has a fifty day moving average price of $25.00 and a 200-day moving average price of $24.63. The firm has a market capitalization of $29.26 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 2.58 and a beta of 0.64. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.64 and a quick ratio of 0.57. TELUS has a one year low of $21.34 and a one year high of $27.50. Read more …

 

 

 

Downgrades:

 


T. Rowe Price Group (NASDAQ:TROW) was downgraded by investment analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Monday, The Fly reports. They currently have a $135.00 target price on the asset manager’s stock, down from their previous target price of $160.00. BMO Capital Markets’ target price suggests a potential upside of 25.37% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Jefferies Financial Group reiterated a “hold” rating and set a $156.00 price objective on shares of T. Rowe Price Group in a research note on Monday, April 11th. Citigroup cut their price objective on T. Rowe Price Group from $110.00 to $90.00 in a research note on Friday, April 29th. Deutsche Bank Aktiengesellschaft dropped their price target on T. Rowe Price Group from $142.00 to $126.00 in a research report on Thursday, May 19th. StockNews.com began coverage on T. Rowe Price Group in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Morgan Stanley decreased their price objective on T. Rowe Price Group from $178.00 to $170.00 and set an “equal weight” rating on the stock in a report on Monday, April 25th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $162.00. Read more …

 


Duke Realty (NYSE:DRE) was downgraded by research analysts at Edward Jones from a "buy" rating to a "hold" rating in a report issued on Tuesday, The Fly reports.

A number of other research analysts have also issued reports on the stock. BMO Capital Markets upgraded shares of Duke Realty from a "market perform" rating to an "outperform" rating and lowered their target price for the company from $68.00 to $65.00 in a research note on Monday, May 16th. Truist Financial cut their price objective on Duke Realty from $63.00 to $56.00 and set a "hold" rating for the company in a research report on Tuesday, May 31st. Mizuho decreased their target price on Duke Realty from $65.00 to $58.00 and set a "na" rating for the company in a research note on Tuesday, May 17th. Wells Fargo & Company dropped their price target on Duke Realty from $59.00 to $56.00 and set an "equal weight" rating on the stock in a research report on Monday, June 6th. Finally, StockNews.com assumed coverage on Duke Realty in a research report on Thursday, March 31st. They issued a "hold" rating for the company. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $59.60. Read more …

 


Omnicom Group (NYSE:OMC) was downgraded by equities researchers at Edward Jones from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Other analysts have also issued research reports about the stock. BMO Capital Markets boosted their target price on shares of Omnicom Group from $82.00 to $89.00 in a research note on Thursday, April 21st. Barclays cut shares of Omnicom Group from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $103.00 to $90.00 in a report on Monday, March 14th. StockNews.com upgraded shares of Omnicom Group from a "sell" rating to a "hold" rating in a research report on Friday, April 29th. Morgan Stanley reduced their price objective on Omnicom Group from $84.00 to $70.00 and set an "underweight" rating for the company in a research report on Friday. Finally, Argus upgraded Omnicom Group from a "hold" rating to a "buy" rating and set a $95.00 price target for the company in a research report on Friday, March 18th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $88.11. Read more …

 

 


Eastman Chemical (NYSE:EMN) was downgraded by investment analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Thursday, The Fly reports. They presently have a $87.00 target price on the basic materials company's stock, down from their previous target price of $150.00. Jefferies Financial Group's price target points to a potential downside of 8.47% from the company's current price. The analysts noted that the move was a valuation call.

Other analysts have also issued research reports about the stock. Barclays cut their price objective on shares of Eastman Chemical from $130.00 to $120.00 in a research note on Monday, May 2nd. KeyCorp lowered their price target on shares of Eastman Chemical from $150.00 to $142.00 and set an "overweight" rating on the stock in a report on Tuesday, April 5th. Bank of America downgraded shares of Eastman Chemical from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $150.00 to $124.00 in a report on Tuesday, April 19th. Stifel Nicolaus lowered their price target on shares of Eastman Chemical to $155.00 in a report on Monday, May 2nd. Finally, StockNews.com raised shares of Eastman Chemical from a "hold" rating to a "buy" rating in a report on Thursday, April 28th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Eastman Chemical currently has a consensus rating of "Hold" and an average price target of $126.87. Read more …

 


J. M. Smucker (NYSE:SJM) was downgraded by stock analysts at Consumer Edge from an "equal weight" rating to an "underweight" rating in a research report issued on Thursday, The Fly reports.

SJM has been the topic of a number of other research reports. StockNews.com started coverage on shares of J. M. Smucker in a research report on Thursday, March 31st. They set a "hold" rating on the stock. UBS Group boosted their target price on shares of J. M. Smucker to $124.00 in a research report on Thursday, June 9th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of J. M. Smucker from $133.00 to $131.00 in a research report on Wednesday, June 8th. William Blair reiterated a "market perform" rating on shares of J. M. Smucker in a research report on Tuesday, March 1st. Finally, Citigroup boosted their target price on shares of J. M. Smucker to $137.00 in a research report on Thursday, June 9th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, J. M. Smucker currently has an average rating of "Hold" and an average price target of $132.27. Read more …

 

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