Notable Analyst Upgrades and Downgrades for Week of June 27 2022



 

Upgrades:

 


Jefferies Financial Group upgraded shares of Fresenius Medical Care AG & Co. KGaA (NYSE:FMS) from an underperform rating to a buy rating in a research report released on Monday, The Fly reports. Jefferies Financial Group currently has $33.70 price target on the stock, up from their previous price target of $30.30.

FMS has been the topic of several other reports. Credit Suisse Group cut their target price on Fresenius Medical Care AG & Co. KGaA from €66.00 ($70.21) to €61.00 ($64.89) in a research note on Tuesday, March 1st. JPMorgan Chase & Co. raised their price target on Fresenius Medical Care AG & Co. KGaA from €48.70 ($51.81) to €51.00 ($54.26) and gave the company an underweight rating in a report on Thursday, May 5th. Berenberg Bank reduced their target price on Fresenius Medical Care AG & Co. KGaA from €84.90 ($90.32) to €83.40 ($88.72) in a report on Thursday, March 17th. Oddo Bhf raised Fresenius Medical Care AG & Co. KGaA from a neutral rating to an outperform rating and set a €72.00 ($76.60) price objective on the stock in a research report on Tuesday, March 1st. Finally, Truist Financial dropped their price objective on Fresenius Medical Care AG & Co. KGaA from $34.00 to $27.00 and set a hold rating on the stock in a research report on Wednesday, June 22nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of Hold and a consensus price target of $52.51. Read more …

 


PPG Industries (NYSE:PPG) was upgraded by research analysts at Vertical Research from a "hold" rating to a "buy" rating in a research note issued to investors on Monday, The Fly reports.

Other research analysts have also recently issued research reports about the stock. Berenberg Bank cut shares of PPG Industries from a "buy" rating to a "hold" rating and dropped their price target for the stock from $180.00 to $140.00 in a research note on Friday, May 20th. Barclays dropped their price target on shares of PPG Industries from $175.00 to $150.00 in a research note on Monday, May 2nd. Robert W. Baird dropped their price target on shares of PPG Industries from $200.00 to $180.00 in a research note on Monday, April 25th. Morgan Stanley dropped their price target on shares of PPG Industries from $175.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Monday, April 25th. Finally, StockNews.com started coverage on shares of PPG Industries 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, nine have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $164.49. Read more …

 


The Goldman Sachs Group (NYSE:GS) was upgraded by equities researchers at Bank of America from a "neutral" rating to a "buy" rating in a report issued on Wednesday, The Fly reports.

A number of other equities research analysts have also issued reports on the stock. Piper Sandler cut their price target on shares of The Goldman Sachs Group from $465.00 to $430.00 and set an "overweight" rating on the stock in a report on Tuesday, April 5th. StockNews.com initiated coverage on shares of The Goldman Sachs Group in a research note on Thursday, March 31st. They set a "hold" rating for the company. BMO Capital Markets dropped their price target on shares of The Goldman Sachs Group from $488.00 to $486.00 and set an "outperform" rating on the stock in a research note on Monday, April 18th. Oppenheimer reduced their target price on The Goldman Sachs Group from $546.00 to $519.00 and set an "overweight" rating for the company in a report on Tuesday, May 3rd. Finally, Morgan Stanley lowered their price objective on shares of The Goldman Sachs Group from $445.00 to $418.00 and set an "equal weight" rating on the stock in a research report on Monday, March 28th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $440.73. Read more …

 

 


McDonald's (NYSE:MCD) was upgraded by equities research analysts at Atlantic Securities from a "neutral" rating to an "overweight" rating in a note issued to investors on Wednesday, The Fly reports. The brokerage currently has a $278.00 price target on the fast-food giant's stock, up from their prior price target of $245.00. Atlantic Securities' target price suggests a potential upside of 14.48% from the company's current price.

Several other equities research analysts have also commented on the company. Morgan Stanley cut their target price on McDonald's from $294.00 to $287.00 and set an "overweight" rating on the stock in a research report on Thursday, March 17th. Oppenheimer decreased their price target on McDonald's from $290.00 to $280.00 in a research report on Monday, March 14th. JPMorgan Chase & Co. raised their target price on McDonald's from $260.00 to $275.00 in a research report on Tuesday, May 3rd. StockNews.com initiated coverage on shares of McDonald's in a report on Thursday, March 31st. They issued a "hold" rating on the stock. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of McDonald's from $268.00 to $265.00 in a research note on Friday, April 29th. Six investment analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company's stock. Based on data from MarketBeat, McDonald's currently has an average rating of "Moderate Buy" and an average target price of $281.04. Read more …

 


Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) was upgraded by research analysts at Credit Suisse Group to an "outperform" rating in a note issued to investors on Thursday, The Fly reports. The firm currently has a $49.50 target price on the utilities provider's stock. Credit Suisse Group's price objective indicates a potential upside of 33.64% from the stock's previous close.

Other equities analysts have also recently issued reports about the stock. TD Securities boosted their target price on shares of Brookfield Infrastructure Partners from $44.67 to $49.33 and gave the company a "buy" rating in a research report on Friday, April 1st. Royal Bank of Canada boosted their target price on shares of Brookfield Infrastructure Partners from $43.33 to $46.67 and gave the company an "outperform" rating in a research report on Thursday, May 5th. National Bankshares boosted their target price on shares of Brookfield Infrastructure Partners from $45.33 to $46.00 and gave the company an "outperform" rating in a research report on Friday, May 6th. BMO Capital Markets boosted their target price on shares of Brookfield Infrastructure Partners from $44.00 to $47.33 and gave the company an "outperform" rating in a research report on Thursday, March 31st. Finally, StockNews.com cut shares of Brookfield Infrastructure Partners from a "hold" rating to a "sell" rating in a research report on Monday, June 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Brookfield Infrastructure Partners presently has an average rating of "Moderate Buy" and a consensus target price of $46.24. Read more …

 


Crown Castle International (NYSE:CCI) was upgraded by investment analysts at Jefferies Financial Group from a "hold" rating to a "buy" rating in a research note issued to investors on Thursday, The Fly reports.

A number of other brokerages also recently weighed in on CCI. Credit Suisse Group raised their price objective on Crown Castle International from $204.00 to $215.00 and gave the company an "outperform" rating in a research note on Friday, April 22nd. Wells Fargo & Company lowered Crown Castle International from an "equal weight" rating to an "underweight" rating and set a $180.00 target price on the stock. in a report on Thursday, June 2nd. StockNews.com lowered Crown Castle International from a "buy" rating to a "hold" rating in a report on Thursday, June 23rd. Raymond James raised their target price on Crown Castle International from $184.00 to $206.00 and gave the company an "outperform" rating in a report on Friday, April 22nd. Finally, Morgan Stanley lowered their target price on Crown Castle International from $215.00 to $200.00 and set an "overweight" rating on the stock in a report on Tuesday, June 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, Crown Castle International currently has a consensus rating of "Hold" and a consensus target price of $201.21. Read more …

 

 


Digital Realty Trust (NYSE:DLR) was upgraded by Jefferies Financial Group from a "hold" rating to a "buy" rating in a research report issued on Thursday, The Fly reports.

Several other analysts have also commented on the stock. Wells Fargo & Company increased their target price on shares of Digital Realty Trust from $155.00 to $165.00 and gave the company an "overweight" rating in a research note on Monday, April 25th. TheStreet upgraded shares of Digital Realty Trust from a "c+" rating to a "b-" rating in a report on Tuesday, April 5th. StockNews.com lowered shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Monday, May 2nd. Citigroup cut their price target on shares of Digital Realty Trust from $165.00 to $160.00 and set a "buy" rating on the stock in a report on Friday, June 10th. Finally, TD Securities boosted their price target on shares of Digital Realty Trust from $170.00 to $175.00 and gave the company a "buy" rating in a report on Friday, April 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $166.38. Read more …

 

 

Downgrades:

 


Nestlé (OTCMKTS:NSRGY) was downgraded by research analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a research note issued on Tuesday, The Fly reports.

NSRGY has been the subject of a number of other reports. Royal Bank of Canada lifted their price objective on shares of Nestlé from CHF 96 to CHF 98 and gave the stock a "sector perform" rating in a report on Friday, April 22nd. UBS Group lifted their price objective on shares of Nestlé from €50.00 ($53.19) to €51.00 ($54.26) in a report on Tuesday, March 29th. Societe Generale decreased their target price on shares of Nestlé from CHF 135 to CHF 123 in a research report on Thursday, June 23rd. Exane BNP Paribas upgraded shares of Nestlé from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from CHF 132 to CHF 135 in a research report on Monday, March 14th. Finally, Sanford C. Bernstein cut shares of Nestlé from an "outperform" rating to a "market perform" rating in a research report on Thursday, May 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $112.83. Read more …

 


Portland General Electric (NYSE:POR) was downgraded by research analysts at Mizuho from a “buy” rating to a “neutral” rating in a research note issued to investors on Tuesday, The Fly reports.

Several other equities analysts have also commented on the stock. The Goldman Sachs Group raised shares of Portland General Electric from a “neutral” rating to a “buy” rating and upped their price target for the stock from $49.00 to $52.00 in a research report on Thursday, June 2nd. Barclays raised shares of Portland General Electric from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $53.00 to $57.00 in a research report on Tuesday, April 19th. Wells Fargo & Company upped their target price on shares of Portland General Electric from $53.00 to $58.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 19th. Credit Suisse Group assumed coverage on shares of Portland General Electric in a research note on Monday, April 25th. They issued an “underperform” rating and a $55.00 target price for the company. Finally, StockNews.com assumed coverage on shares of Portland General Electric in a research note on Thursday, March 31st. They set a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $55.60. Read more …

 

 


Accenture (NYSE:ACN) was downgraded by investment analysts at Exane BNP Paribas from an "outperform" rating to a "neutral" rating in a research report issued to clients and investors on Wednesday, The Fly reports.

Several other research analysts have also commented on the company. Cowen decreased their target price on Accenture from $330.00 to $325.00 and set an "outperform" rating for the company in a research report on Friday, June 24th. Morgan Stanley decreased their target price on Accenture from $390.00 to $385.00 and set an "overweight" rating for the company in a research report on Friday, June 24th. The Goldman Sachs Group reduced their price objective on Accenture from $446.00 to $386.00 and set a "neutral" rating for the company in a research report on Tuesday, March 15th. BNP Paribas lowered Accenture from an "outperform" rating to a "neutral" rating and set a $320.00 price objective for the company. in a research report on Wednesday. Finally, StockNews.com began coverage on Accenture in a research report on Thursday, March 31st. They set a "buy" rating for the company. Eight equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $358.03. Read more …

 


Altria Group (NYSE:MO) was downgraded by analysts at Barclays from an "equal weight" rating to an "underweight" rating in a research note issued to investors on Wednesday, The Fly reports. They currently have a $36.00 target price on the stock, down from their prior target price of $53.00. Barclays's price target would indicate a potential downside of 16.65% from the stock's previous close.

Other equities analysts have also issued reports about the stock. Royal Bank of Canada lowered shares of Altria Group from an "outperform" rating to a "sector perform" rating and set a $53.00 price target on the stock. in a report on Monday, March 28th. The Goldman Sachs Group raised shares of Altria Group from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $48.00 to $57.00 in a report on Tuesday, March 22nd. StockNews.com started coverage on shares of Altria Group in a report on Thursday, March 31st. They issued a "buy" rating on the stock. Sanford C. Bernstein lowered shares of Altria Group from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $58.00 to $53.00 in a report on Tuesday, May 10th. Finally, Cowen lowered their price objective on shares of Altria Group from $56.00 to $45.00 and set a "market perform" rating for the company in a research note on Monday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $49.11. Read more …

 


Texas Instruments (NASDAQ:TXN) was downgraded by equities research analysts at Bank of America from a "buy" rating to a "neutral" rating in a research report issued to clients and investors on Wednesday, The Fly reports.

TXN has been the topic of several other research reports. UBS Group reduced their target price on shares of Texas Instruments from $180.00 to $175.00 and set a "neutral" rating on the stock in a report on Wednesday, April 27th. KeyCorp cut their price target on shares of Texas Instruments from $240.00 to $220.00 and set an "overweight" rating on the stock in a report on Wednesday, April 27th. Mizuho cut their price target on shares of Texas Instruments from $190.00 to $175.00 and set a "neutral" rating on the stock in a report on Wednesday, April 27th. Truist Financial cut their price target on shares of Texas Instruments from $189.00 to $172.00 in a report on Wednesday, April 27th. Finally, Susquehanna dropped their target price on shares of Texas Instruments from $230.00 to $215.00 and set a "buy" rating for the company in a research report on Wednesday, April 27th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and a consensus target price of $191.67. Read more …

 

 


Duke Energy (NYSE:DUK) was downgraded by stock analysts at UBS Group from a "buy" rating to a "neutral" rating in a research note issued on Thursday, The Fly reports.

A number of other analysts have also recently commented on DUK. Citigroup initiated coverage on Duke Energy in a research report on Tuesday, March 22nd. They issued a "buy" rating and a $120.00 price target for the company. StockNews.com initiated coverage on Duke Energy in a research report on Thursday, March 31st. They issued a "hold" rating for the company. KeyCorp upped their price target on Duke Energy from $119.00 to $121.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 20th. Morgan Stanley cut their target price on Duke Energy from $123.00 to $119.00 and set an "equal weight" rating for the company in a research report on Monday, May 23rd. Finally, Credit Suisse Group cut their target price on Duke Energy from $125.00 to $117.00 in a research report on Tuesday, May 10th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $113.20. Read more …

 


Fortis (NYSE:FTS) was downgraded by investment analysts at UBS Group from a "neutral" rating to a "sell" rating in a research report issued to clients and investors on Thursday, The Fly reports.

FTS has been the topic of several other reports. National Bank Financial raised their target price on Fortis from C$59.00 to C$60.00 in a research report on Friday, May 6th. Scotiabank raised their target price on Fortis from C$61.00 to C$63.00 in a research report on Tuesday, April 19th. Wells Fargo & Company lowered Fortis from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 1st. Finally, StockNews.com initiated coverage on Fortis in a research note on Thursday, March 31st. They set a "hold" rating for the company. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $59.73.

Shares of Fortis stock opened at $47.51 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 1.26. The business's 50 day simple moving average is $48.52 and its 200-day simple moving average is $47.88. The stock has a market capitalization of $22.67 billion, a price-to-earnings ratio of 23.06, a PEG ratio of 3.68 and a beta of 0.32. Fortis has a twelve month low of $43.12 and a twelve month high of $51.66. Read more …

 


KeyCorp (NYSE:KEY) was downgraded by investment analysts at Wedbush from an "outperform" rating to a "neutral" rating in a research report issued on Thursday, The Fly reports.

A number of other research firms have also weighed in on KEY. Jefferies Financial Group lowered shares of KeyCorp from a "buy" rating to a "hold" rating in a research report on Monday, April 11th. Wells Fargo & Company raised KeyCorp from an "underweight" rating to an "overweight" rating and raised their price target for the company from $23.00 to $27.00 in a research report on Monday, April 11th. The Goldman Sachs Group lowered their price target on KeyCorp from $27.00 to $23.00 and set a "buy" rating on the stock in a research report on Tuesday, May 31st. Odeon Capital Group downgraded KeyCorp from a "buy" rating to a "hold" rating in a research report on Tuesday, April 26th. Finally, StockNews.com began coverage on KeyCorp in a research report on Thursday, March 31st. They set a "hold" rating on the stock. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, KeyCorp currently has a consensus rating of "Hold" and an average target price of $25.14. Read more …

 

 


FedEx (NYSE:FDX) was downgraded by research analysts at Berenberg Bank from a "buy" rating to a "hold" rating in a research report issued on Friday, The Fly reports.

Several other equities research analysts have also recently weighed in on the company. Stephens upped their target price on FedEx from $285.00 to $295.00 and gave the stock an "overweight" rating in a research note on Friday, June 24th. Robert W. Baird reiterated an "outperform" rating and issued a $300.00 price target on shares of FedEx in a research note on Monday, March 21st. JPMorgan Chase & Co. set a $284.00 price target on FedEx in a research note on Thursday. Sanford C. Bernstein set a $333.00 price objective on FedEx in a report on Friday, March 11th. Finally, BMO Capital Markets increased their price objective on FedEx from $270.00 to $280.00 and gave the company a "hold" rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company's stock. According to MarketBeat, FedEx currently has a consensus rating of "Moderate Buy" and an average price target of $300.71.

Shares of FDX stock opened at $226.71 on Friday. The stock has a market cap of $58.76 billion, a P/E ratio of 15.85, a P/E/G ratio of 0.87 and a beta of 1.31. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.43 and a quick ratio of 1.38. The company has a fifty day moving average price of $215.44 and a two-hundred day moving average price of $226.84. FedEx has a one year low of $192.82 and a one year high of $302.65. Read more …

 

Comments