July 8, 2022

Notable Analyst Upgrades and Downgrades for Week of July 4 2022

 



Upgrades:

 


Dollar General (NYSE:DG) was upgraded by equities researchers at Cleveland Research from a "neutral" rating to a "buy" rating in a note issued to investors on Tuesday, The Fly reports.

DG has been the topic of a number of other research reports. Loop Capital reiterated a "buy" rating on shares of Dollar General in a report on Friday, May 20th. JPMorgan Chase & Co. lowered their price target on Dollar General from $272.00 to $263.00 and set an "overweight" rating on the stock in a report on Monday, March 14th. Gordon Haskett downgraded Dollar General from a "buy" rating to a "hold" rating and set a $210.00 price target on the stock. in a report on Friday, May 20th. Oppenheimer lifted their price objective on Dollar General to $240.00 in a research report on Thursday, May 26th. Finally, Morgan Stanley raised Dollar General from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $225.00 to $250.00 in a research report on Thursday, June 16th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $245.33. Read more …

 


A. O. Smith (NYSE:AOS) was upgraded by equities researchers at Longbow Research from a "neutral" rating to a "buy" rating in a research note issued on Wednesday, The Fly reports.

Other equities research analysts have also issued research reports about the company. William Blair lowered A. O. Smith from an "outperform" rating to a "market perform" rating in a research note on Sunday, May 1st. Stifel Nicolaus dropped their price target on A. O. Smith from $80.00 to $73.00 and set a "hold" rating on the stock in a research note on Monday, April 18th. UBS Group dropped their price target on A. O. Smith from $85.00 to $64.00 and set a "neutral" rating on the stock in a research note on Friday, May 20th. StockNews.com upgraded A. O. Smith from a "hold" rating to a "buy" rating in a research note on Tuesday, May 17th. Finally, Robert W. Baird dropped their price target on A. O. Smith from $79.00 to $72.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 18th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $79.40. Read more …

 


Merck & Co., Inc. (NYSE:MRK) was upgraded by analysts at Daiwa Capital Markets from a "neutral" rating to a "buy" rating in a research note issued on Wednesday, The Fly reports.

MRK has been the topic of a number of other research reports. Cowen raised their target price on Merck & Co., Inc. from $95.00 to $102.00 and gave the company a "market perform" rating in a report on Monday, June 27th. StockNews.com started coverage on Merck & Co., Inc. in a research report on Thursday, March 31st. They issued a "strong-buy" rating for the company. Barclays raised their price objective on Merck & Co., Inc. from $94.00 to $97.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 12th. Mizuho initiated coverage on Merck & Co., Inc. in a research report on Friday, June 24th. They set a "buy" rating and a $100.00 target price for the company. Finally, SVB Leerink restated an "outperform" rating and set a $102.00 target price on shares of Merck & Co., Inc. in a research report on Monday, June 6th. Eight investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $92.82. Read more …

 

 


Citigroup upgraded shares of Deere & Company (NYSE:DE) from a neutral rating to a buy rating in a research note published on Thursday, MarketBeat Ratings reports. The firm currently has $340.00 price target on the industrial products company’s stock, down from their previous price target of $435.00.

A number of other equities analysts also recently issued reports on the stock. The Goldman Sachs Group cut their price target on shares of Deere & Company from $480.00 to $420.00 and set a buy rating for the company in a report on Monday, May 23rd. Credit Suisse Group lowered their price objective on shares of Deere & Company from $477.00 to $472.00 and set an outperform rating on the stock in a research note on Monday, May 23rd. Cowen lowered their price objective on shares of Deere & Company from $396.00 to $342.00 in a research note on Thursday. Cowen started coverage on shares of Deere & Company in a research note on Friday, June 24th. They issued a hold rating and a $396.00 price objective on the stock. Finally, Barclays decreased their price target on shares of Deere & Company from $415.00 to $400.00 and set an overweight rating on the stock in a research note on Monday, May 23rd. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of $418.11. Read more …

 

 

Downgrades:

 


Comcast (NASDAQ:CMCSA) was downgraded by investment analysts at Vertical Research to a "positive" rating in a research note issued to investors on Tuesday, The Fly reports.

 A number of other research firms have also commented on CMCSA. Daiwa Capital Markets started coverage on Comcast in a report on Friday. They issued an "outperform" rating and a $43.00 price target for the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Comcast from $62.00 to $60.00 in a research note on Friday, April 29th. Pivotal Research dropped their price objective on Comcast from $62.00 to $57.00 in a research note on Thursday, April 28th. Rosenblatt Securities dropped their price objective on Comcast from $42.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, June 30th. Finally, Oppenheimer decreased their price objective on Comcast from $75.00 to $60.00 and set an "outperform" rating on the stock in a report on Thursday, April 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $56.58. Read more …

 


Texas Instruments (NASDAQ:TXN) was downgraded by equities research analysts at DZ Bank from a "buy" rating to a "hold" rating in a note issued to investors on Tuesday, The Fly reports. They presently have a $150.00 price target on the semiconductor company's stock. DZ Bank's price target suggests a potential upside of 3.51% from the stock's previous close.

A number of other research firms also recently weighed in on TXN. Citigroup dropped their price target on shares of Texas Instruments from $187.00 to $160.00 in a research report on Wednesday, April 27th. Barclays dropped their price target on shares of Texas Instruments from $170.00 to $150.00 and set an "underweight" rating for the company in a research report on Wednesday, April 27th. Bank of America downgraded shares of Texas Instruments from a "buy" rating to a "neutral" rating and dropped their price target for the company from $190.00 to $175.00 in a research report on Wednesday, June 29th. StockNews.com upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating in a research report on Wednesday, June 1st. Finally, Morgan Stanley lowered their price objective on shares of Texas Instruments from $170.00 to $155.00 and set an "underweight" rating for the company in a research report on Friday, June 10th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and a consensus price target of $189.50. Read more …

 

 


McKesson (NYSE:MCK) was downgraded by stock analysts at Argus from a "buy" rating to a "hold" rating in a report issued on Wednesday, Briefing.com reports.

A number of other brokerages have also recently weighed in on MCK. Cowen boosted their price objective on McKesson from $325.00 to $361.00 in a research note on Monday, April 18th. Cowen boosted their price objective on McKesson from $325.00 to $361.00 and gave the company an "outperform" rating in a research note on Monday, April 18th. Credit Suisse Group boosted their target price on McKesson from $333.00 to $377.00 in a report on Wednesday, May 11th. Deutsche Bank Aktiengesellschaft raised McKesson from a "hold" rating to a "buy" rating and boosted their target price for the company from $343.00 to $378.00 in a report on Tuesday, June 7th. Finally, Robert W. Baird boosted their target price on McKesson from $352.00 to $380.00 in a report on Friday, May 6th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $328.69. Read more …

 


McCormick & Company, Incorporated (NYSE:MKC) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating in a report released on Wednesday, The Fly reports.

MKC has been the subject of several other reports. TheStreet lowered shares of McCormick & Company, Incorporated from a "b" rating to a "c+" rating in a research report on Wednesday, June 15th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of McCormick & Company, Incorporated from $91.00 to $85.00 and set a "hold" rating for the company in a research report on Thursday, June 30th. Finally, StockNews.com initiated coverage on shares of McCormick & Company, Incorporated in a research report on Thursday, March 31st. They issued a "hold" rating for the company. Four investment analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $99.00.

Shares of McCormick & Company, Incorporated stock opened at $84.10 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.74 and a quick ratio of 0.31. McCormick & Company, Incorporated has a 1 year low of $77.85 and a 1 year high of $107.35. The firm's 50-day moving average is $91.24 and its two-hundred day moving average is $95.77. The stock has a market cap of $22.55 billion, a price-to-earnings ratio of 33.24, a PEG ratio of 5.14 and a beta of 0.50. Read more …

 


Union Pacific (NYSE:UNP) was downgraded by research analysts at Susquehanna from a "positive" rating to a "neutral" rating in a note issued to investors on Wednesday, MarketBeat reports. They presently have a $235.00 price objective on the railroad operator's stock. Susquehanna's price target suggests a potential upside of 12.48% from the stock's current price. The analysts noted that the move was a valuation call.

Several other research analysts have also issued reports on the company. Barclays reduced their price target on Union Pacific from $290.00 to $255.00 and set an "overweight" rating on the stock in a research report on Tuesday, June 21st. UBS Group lowered Union Pacific from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $283.00 to $267.00 in a research report on Friday, April 22nd. Royal Bank of Canada lowered Union Pacific from an "outperform" rating to a "sector perform" rating and reduced their price target for the stock from $271.00 to $258.00 in a research report on Thursday, March 17th. Raymond James raised their price target on Union Pacific from $280.00 to $285.00 and gave the stock a "strong-buy" rating in a research report on Friday, April 22nd. Finally, StockNews.com lowered Union Pacific from a "buy" rating to a "hold" rating in a research report on Thursday, May 26th. Ten equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $257.00. Read more …

 

 


Canadian National Railway (TSE:CNR) (NYSE:CNI) was downgraded by research analysts at Scotiabank to a "hold" rating in a research report issued to clients and investors on Thursday. They currently have a C$150.00 price objective on the stock. Scotiabank's target price suggests a potential upside of 2.05% from the company's current price.

Several other analysts have also recently issued reports on the company. Morgan Stanley dropped their target price on Canadian National Railway from C$158.00 to C$156.00 and set an "equal weight" rating for the company in a report on Wednesday, April 27th. CIBC raised shares of Canadian National Railway from a "neutral" rating to a "buy" rating and set a C$167.00 price objective for the company in a report on Thursday, June 2nd. Wells Fargo & Company reaffirmed a "hold" rating and set a C$130.00 target price on shares of Canadian National Railway in a research note on Wednesday, April 27th. Raymond James set a C$175.00 price target on shares of Canadian National Railway and gave the company a "market perform" rating in a research note on Thursday, April 28th. Finally, BMO Capital Markets raised shares of Canadian National Railway from a "market perform" rating to a "buy" rating and set a C$170.00 price target on the stock in a research report on Wednesday, May 18th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of C$154.09. Read more …

 


Canadian Pacific Railway (TSE:CP) (NYSE:CP) was downgraded by research analysts at Scotiabank to a "hold" rating in a research note issued to investors on Thursday. They presently have a C$99.00 target price on the stock. Scotiabank's price objective would indicate a potential upside of 6.45% from the stock's previous close.

A number of other research analysts have also recently commented on the stock. Bank of America reissued a "hold" rating and issued a C$81.00 target price (down previously from C$85.00) on shares of Canadian Pacific Railway in a report on Friday, April 8th. Raymond James set a C$100.00 target price on shares of Canadian Pacific Railway and gave the company a "market perform" rating in a research report on Thursday, April 28th. Atlantic Securities lowered their price target on shares of Canadian Pacific Railway from C$111.00 to C$106.00 and set an "overweight" rating for the company in a report on Tuesday, June 28th. National Bankshares dropped their price target on Canadian Pacific Railway from C$98.00 to C$93.00 and set a "sector perform" rating for the company in a research note on Thursday, June 30th. Finally, JPMorgan Chase & Co. started coverage on Canadian Pacific Railway in a research report on Thursday, March 10th. They set a "buy" rating and a C$113.00 price objective on the stock. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Canadian Pacific Railway currently has a consensus rating of "Moderate Buy" and an average price target of C$98.87. Read more …

 


Freeport-McMoRan (NYSE:FCX) was downgraded by research analysts at Wolfe Research from an "outperform" rating to a "peer perform" rating in a report issued on Thursday, The Fly reports.

Other equities analysts have also issued research reports about the company. Raymond James lowered their price target on Freeport-McMoRan from $59.00 to $52.00 and set an "outperform" rating for the company in a research report on Monday. BNP Paribas lowered Freeport-McMoRan from an "outperform" rating to a "neutral" rating and set a $50.00 target price for the company. in a research report on Tuesday, April 5th. Stifel Nicolaus boosted their target price on Freeport-McMoRan from $49.00 to $54.00 in a research report on Thursday, March 17th. Deutsche Bank Aktiengesellschaft decreased their target price on Freeport-McMoRan from $47.00 to $38.00 and set a "hold" rating for the company in a research report on Wednesday, June 29th. Finally, Royal Bank of Canada boosted their target price on Freeport-McMoRan from $46.00 to $47.00 and gave the stock a "sector perform" rating in a research report on Friday, April 22nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $46.00. Read more …

 

 


Bank OZK (NASDAQ:OZK) was downgraded by Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research note issued on Thursday, The Fly reports.

Other equities analysts have also recently issued research reports about the company. Piper Sandler dropped their target price on Bank OZK from $64.00 to $60.00 and set an “overweight” rating for the company in a report on Friday, March 11th. Stephens lifted their target price on Bank OZK from $50.00 to $51.00 and gave the stock an “equal weight” rating in a report on Monday, April 25th. Truist Financial dropped their price objective on Bank OZK from $44.00 to $42.00 in a report on Wednesday, June 15th. Raymond James dropped their price objective on Bank OZK from $54.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, April 25th. Finally, Citigroup decreased their target price on Bank OZK from $50.00 to $45.00 in a research report on Wednesday, April 27th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Bank OZK has a consensus rating of “Hold” and an average target price of $51.00. Read more …

 


Southern Copper (NYSE:SCCO) was downgraded by equities researchers at Wolfe Research from a "peer perform" rating to an "underperform" rating in a note issued to investors on Thursday, The Fly reports.

A number of other research firms have also recently commented on SCCO. Morgan Stanley decreased their price target on Southern Copper from $66.00 to $52.00 and set an "underweight" rating on the stock in a report on Wednesday, June 22nd. Barclays cut their price objective on Southern Copper from $62.00 to $61.00 and set an "equal weight" rating for the company in a research report on Wednesday, June 8th. Finally, StockNews.com lowered Southern Copper from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, May 10th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $60.88.

NYSE:SCCO opened at $48.76 on Thursday. The company has a quick ratio of 2.75, a current ratio of 3.34 and a debt-to-equity ratio of 0.76. The business's 50-day simple moving average is $57.81 and its two-hundred day simple moving average is $64.89. The stock has a market cap of $37.70 billion, a PE ratio of 11.01, a P/E/G ratio of 1.40 and a beta of 1.19. Southern Copper has a 52 week low of $46.50 and a 52 week high of $79.32. Read more …

 


Illinois Tool Works (NYSE:ITW) had its price objective decreased by research analysts at UBS Group to $243.00 in a report issued on Wednesday, Stock Target Advisor reports. The brokerage currently has a “na” rating on the industrial products company’s stock. UBS Group’s price objective suggests a potential upside of 18.65% from the company’s previous close.

ITW has been the subject of several other reports. JPMorgan Chase & Co. raised Illinois Tool Works from a “neutral” rating to an “overweight” rating and lowered their price objective for the company from $262.00 to $255.00 in a report on Monday, March 28th. Credit Suisse Group lowered their price objective on Illinois Tool Works from $267.00 to $261.00 in a report on Wednesday, May 4th. Stifel Nicolaus lowered their price objective on Illinois Tool Works from $242.00 to $202.00 and set a “hold” rating for the company in a report on Monday, April 18th. StockNews.com assumed coverage on Illinois Tool Works in a report on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Illinois Tool Works from $236.00 to $226.00 and set a “hold” rating for the company in a report on Thursday, April 14th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Illinois Tool Works currently has an average rating of “Hold” and an average price target of $233.50. Read more …

 

No comments:

Post a Comment