Notable Analyst Upgrades and Downgrades for Week of August 15 2022

 


 

Upgrades:

 


BMO Capital Markets upgraded shares of Air Products and Chemicals (NYSE:APD) from a market perform rating to an outperform rating in a report published on Monday morning, Marketbeat reports. The brokerage currently has $321.00 price objective on the basic materials company’s stock, up from their prior price objective of $283.00.

Several other equities analysts have also commented on the stock. Cowen decreased their price objective on shares of Air Products and Chemicals from $345.00 to $305.00 and set an outperform rating for the company in a research report on Tuesday, July 19th. Atlantic Securities raised shares of Air Products and Chemicals from a neutral rating to an overweight rating and raised their price target for the stock from $280.00 to $290.00 in a report on Wednesday, May 25th. UBS Group dropped their price objective on shares of Air Products and Chemicals from $321.00 to $295.00 in a report on Wednesday, July 13th. JPMorgan Chase & Co. raised their target price on Air Products and Chemicals from $275.00 to $295.00 in a research note on Friday, August 5th. Finally, Jefferies Financial Group dropped their price target on Air Products and Chemicals from $270.00 to $257.00 in a research note on Thursday, June 16th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus price target of $292.56. Read more …

 


Cullen/Frost Bankers (NYSE:CFR) was upgraded by equities researchers at Compass Point from a "neutral" rating to a "buy" rating in a research note issued on Monday, The Fly reports. The firm currently has a $152.00 price objective on the bank's stock. Compass Point's price objective indicates a potential upside of 11.36% from the company's current price.

A number of other research firms have also recently commented on CFR. Raymond James decreased their price target on Cullen/Frost Bankers from $160.00 to $145.00 and set an "outperform" rating on the stock in a report on Thursday, July 7th. Wedbush raised Cullen/Frost Bankers to a "neutral" rating in a report on Tuesday, August 9th. StockNews.com upgraded Cullen/Frost Bankers from a "sell" rating to a "hold" rating in a research report on Friday, July 29th. Stephens raised their price objective on Cullen/Frost Bankers from $133.00 to $145.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 2nd. Finally, Jefferies Financial Group cut their price objective on Cullen/Frost Bankers from $156.00 to $124.00 in a research report on Monday, July 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $139.75. Readmore …

 


Credit Suisse Group upgraded shares of Apple (NASDAQ:AAPL) from a neutral rating to an outperform rating in a report released on Tuesday morning, The Fly reports.

AAPL has been the subject of several other research reports. Bank of America reduced their target price on shares of Apple from $200.00 to $185.00 in a research note on Tuesday, July 26th. Morgan Stanley decreased their price objective on shares of Apple from $185.00 to $180.00 and set an overweight rating for the company in a research note on Wednesday, July 20th. Fundamental Research set a $177.07 target price on shares of Apple and gave the stock a buy rating in a research report on Thursday, August 4th. Evercore ISI upped their target price on Apple from $180.00 to $185.00 in a report on Friday, July 29th. Finally, Itaú Unibanco assumed coverage on Apple in a report on Tuesday, July 26th. They set an underperform rating and a $136.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Apple has an average rating of Moderate Buy and a consensus target price of $179.27. Read more …

 

 


Westlake (NYSE:WLK) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research note issued to investors on Wednesday, The Fly reports.

WLK has been the subject of several other reports. Bank of America cut their target price on shares of Westlake from $167.00 to $147.00 and set a "buy" rating for the company in a research report on Tuesday, June 14th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Westlake from $135.00 to $148.00 in a research report on Monday, May 16th. UBS Group cut their target price on shares of Westlake from $117.00 to $92.00 and set a "sell" rating for the company in a research report on Wednesday, July 13th. Piper Sandler lowered shares of Westlake from an "overweight" rating to a "neutral" rating and cut their target price for the stock from $147.00 to $115.00 in a research report on Monday, July 25th. Finally, Scotiabank reiterated a "sector perform" rating on shares of Westlake in a research report on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $129.75. Read more …

 


J. M. Smucker (NYSE:SJM) was upgraded by analysts at Bank of America from a "neutral" rating to a "buy" rating in a research note issued to investors on Wednesday, The Fly reports.

It’s A Sweet Time To Buy The J.M. Smucker Co.
Several other brokerages have also commented on SJM. Consumer Edge lowered shares of J. M. Smucker from an "equal weight" rating to an "underweight" rating in a report on Thursday, June 16th. UBS Group upped their price objective on shares of J. M. Smucker to $124.00 in a report on Thursday, June 9th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of J. M. Smucker from $133.00 to $131.00 in a research note on Wednesday, June 8th. Credit Suisse Group set a $140.00 price target on shares of J. M. Smucker in a research note on Tuesday, July 19th. Finally, Citigroup increased their price objective on shares of J. M. Smucker to $137.00 in a research report on Thursday, June 9th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, J. M. Smucker presently has an average rating of "Hold" and a consensus target price of $133.18. Read more …

 


Essential Utilities (NYSE:WTRG) was upgraded by equities researchers at HSBC from a "hold" rating to a "buy" rating in a research note issued on Thursday, The Fly reports.

WTRG has been the subject of several other research reports. Robert W. Baird lifted their price objective on Essential Utilities from $50.00 to $54.00 and gave the company an "outperform" rating in a research report on Friday, August 5th. Barclays cut their price objective on Essential Utilities from $54.00 to $51.00 and set an "overweight" rating for the company in a research report on Monday, July 18th. Northcoast Research initiated coverage on Essential Utilities in a research report on Monday, July 18th. They issued a "buy" rating for the company. Finally, StockNews.com upgraded Essential Utilities from a "sell" rating to a "hold" rating in a research report on Monday, May 16th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $52.80. Read more ...

 

 

Downgrades:

 


Dollar General (NYSE:DG) was downgraded by equities research analysts at BMO Capital Markets from an "outperform" rating to a "market perform" rating in a report issued on Monday, The Fly reports.

Several other research firms have also recently commented on DG. Loop Capital reissued a "buy" rating on shares of Dollar General in a report on Friday, May 20th. Telsey Advisory Group reduced 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. Oppenheimer raised their price target on Dollar General from $240.00 to $275.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 19th. 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. Finally, Truist Financial lifted their price objective on Dollar General from $227.00 to $262.00 and gave the company a "hold" rating in a research report on Friday, August 5th. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $251.69. Read more …

 

 


Comcast (NASDAQ:CMCSA) was downgraded by analysts at Atlantic Securities from an "overweight" rating to a "neutral" rating in a research note issued to investors on Monday, The Fly reports.

Several other equities research analysts also recently weighed in on CMCSA. Vertical Research downgraded Comcast to a "positive" rating in a report on Tuesday, July 5th. Deutsche Bank Aktiengesellschaft lowered their price objective on Comcast from $62.00 to $60.00 in a research report on Friday, April 29th. TD Securities upped their price objective on Comcast from $60.00 to $62.00 and gave the stock a "buy" rating in a research report on Friday, July 29th. Benchmark lowered their price objective on Comcast from $65.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, June 2nd. Finally, Raymond James reaffirmed a "hold" rating on shares of Comcast in a research report on Friday, July 8th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $52.52. Read more …

 


Deutsche Bank Aktiengesellschaft downgraded shares of Illinois Tool Works (NYSE:ITW) from a hold rating to a sell rating in a report released on Monday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has $188.00 price target on the industrial products company’s stock. The analysts noted that the move was a valuation call.

A number of other research analysts also recently issued reports on the stock. Jefferies Financial Group dropped their target price on shares of Illinois Tool Works from $235.00 to $195.00 in a research report on Friday, July 15th. Stifel Nicolaus decreased their target price on Illinois Tool Works from $206.00 to $163.00 in a research report on Monday, July 18th. JPMorgan Chase & Co. decreased their price objective on Illinois Tool Works from $255.00 to $215.00 and set an overweight rating for the company in a report on Tuesday, July 12th. StockNews.com raised shares of Illinois Tool Works from a hold rating to a buy rating in a research report on Tuesday, August 9th. Finally, Citigroup raised their price objective on shares of Illinois Tool Works from $191.00 to $210.00 and gave the company a neutral rating in a research note on Wednesday, August 3rd. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of Hold and a consensus target price of $203.92. Readmore …

 


Compass Point cut shares of Truist Financial (NYSE:TFC) from a buy rating to a neutral rating in a research report report published on Monday morning, Marketbeat.com reports. The firm currently has $55.00 price objective on the insurance provider’s stock.

A number of other equities research analysts also recently weighed in on the company. Credit Suisse Group lowered their price target on Truist Financial to $52.00 in a research report on Friday, July 22nd. Wolfe Research cut their target price on Truist Financial from $57.00 to $41.00 and set an underperform rating for the company in a research note on Thursday, May 26th. Stephens decreased their price target on shares of Truist Financial from $74.00 to $64.00 and set an overweight rating on the stock in a research note on Tuesday, June 7th. Jefferies Financial Group lowered their price objective on shares of Truist Financial from $56.00 to $51.00 in a report on Monday, July 11th. Finally, StockNews.com lowered shares of Truist Financial from a buy rating to a hold rating in a report on Wednesday, May 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Hold and an average price target of $57.39. Read more …

 

 


Mastercard (NYSE:MA) was downgraded by investment analysts at Daiwa Capital Markets from an "outperform" rating to a "neutral" rating in a research report issued on Tuesday, The Fly reports.

A number of other research firms also recently commented on MA. Deutsche Bank Aktiengesellschaft lifted their target price on Mastercard from $420.00 to $440.00 in a report on Friday, April 29th. Macquarie decreased their price target on Mastercard from $440.00 to $410.00 in a report on Friday, July 29th. Robert W. Baird decreased their price target on Mastercard from $470.00 to $416.00 in a report on Wednesday, July 20th. BMO Capital Markets boosted their price target on Mastercard from $402.00 to $422.00 in a report on Monday, August 1st. Finally, JPMorgan Chase & Co. decreased their price target on Mastercard from $430.00 to $425.00 in a report on Wednesday, July 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company's stock. According to MarketBeat.com, Mastercard has a consensus rating of "Moderate Buy" and a consensus price target of $415.95. Read more …

 


Visa (NYSE:V) was downgraded by investment analysts at Daiwa Capital Markets from an "outperform" rating to a "neutral" rating in a report issued on Tuesday, The Fly reports.

Other equities analysts also recently issued research reports about the stock. Truist Financial lowered their price target on shares of Visa from $275.00 to $250.00 in a report on Thursday, June 30th. Mizuho reduced their price objective on shares of Visa from $235.00 to $215.00 and set a "neutral" rating on the stock in a research report on Friday, July 1st. Evercore ISI lifted their price objective on shares of Visa from $304.00 to $310.00 and gave the company an "outperform" rating in a research report on Wednesday, April 27th. Morgan Stanley lifted their price objective on shares of Visa from $284.00 to $291.00 and gave the company an "overweight" rating in a research report on Wednesday, July 27th. Finally, Barclays lifted their price objective on shares of Visa from $263.00 to $271.00 and gave the company an "overweight" rating in a research report on Thursday, July 28th. Four equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat.com, Visa has a consensus rating of "Moderate Buy" and a consensus target price of $259.00. Read more …

 


Sanford C. Bernstein downgraded shares of Rockwell Automation (NYSE:ROK) to a market perform rating in a report released on Tuesday morning, The Fly reports.

Several other research analysts also recently commented on the company. Credit Suisse Group set a $219.00 target price on Rockwell Automation in a report on Tuesday, July 19th. Cowen cut their price target on Rockwell Automation from $275.00 to $185.00 in a report on Wednesday, May 4th. HSBC decreased their price objective on shares of Rockwell Automation from $293.00 to $240.00 in a report on Tuesday, May 10th. Robert W. Baird reduced their target price on shares of Rockwell Automation from $310.00 to $255.00 in a research report on Wednesday, May 4th. Finally, Citigroup raised their price target on shares of Rockwell Automation from $259.00 to $274.00 and gave the company a buy rating in a report on Thursday, July 28th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Hold and an average target price of $251.35. Read more …

 

 


Deutsche Bank Aktiengesellschaft cut shares of Stanley Black & Decker (NYSE:SWK) from a buy rating to a hold rating in a report released on Tuesday, The Fly reports.

Other research analysts also recently issued reports about the company. Wells Fargo & Company downgraded Stanley Black & Decker to an equal weight rating in a report on Tuesday, August 9th. JPMorgan Chase & Co. dropped their price objective on Stanley Black & Decker from $139.00 to $115.00 in a research note on Friday, July 15th. Mizuho dropped their price objective on Stanley Black & Decker from $145.00 to $100.00 and set a neutral rating on the stock in a research note on Monday, July 18th. StockNews.com downgraded Stanley Black & Decker from a hold rating to a sell rating in a research note on Saturday, August 6th. Finally, Wolfe Research downgraded Stanley Black & Decker from an outperform rating to a market perform rating in a research note on Friday, July 29th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus price target of $116.75. Read more …



Yum! Brands (NYSE:YUM) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Wednesday, The Fly reports.

Several other equities research analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their price objective on Yum! Brands from $142.00 to $136.00 in a report on Thursday, May 5th. BMO Capital Markets decreased their price objective on Yum! Brands from $140.00 to $130.00 in a report on Thursday, May 5th. Barclays decreased their price objective on Yum! Brands from $124.00 to $120.00 and set an "equal weight" rating on the stock in a report on Thursday, June 9th. Credit Suisse Group reduced their target price on Yum! Brands from $137.00 to $130.00 in a report on Thursday, May 5th. Finally, Morgan Stanley reduced their target price on Yum! Brands from $146.00 to $142.00 and set an "overweight" rating on the stock in a report on Monday, July 18th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $137.46. Read more ...



Verizon Communications (NYSE:VZ) was downgraded by equities research analysts at Moffett Nathanson from a "market perform" rating to an "underperform" rating in a note issued to investors on Thursday, Briefing.com reports. They currently have a $41.00 price objective on the cell phone carrier's stock. Moffett Nathanson's target price would indicate a potential downside of 9.57% from the stock's previous close.

Several other analysts also recently issued reports on VZ. Wells Fargo & Company reduced their price target on shares of Verizon Communications from $58.00 to $52.00 and set an "equal weight" rating on the stock in a report on Friday, July 8th. Barclays downgraded shares of Verizon Communications from an "overweight" rating to an "equal weight" rating in a report on Friday, July 22nd. Raymond James reaffirmed an "outperform" rating and issued a $64.00 price target on shares of Verizon Communications in a report on Thursday, July 7th. William Blair reaffirmed a "market perform" rating on shares of Verizon Communications in a report on Monday, April 25th. Finally, The Goldman Sachs Group downgraded shares of Verizon Communications from a "buy" rating to a "neutral" rating and reduced their price target for the company from $61.00 to $55.00 in a report on Monday, April 25th. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $55.68. Read more ...
 
 

HP (NYSE:HPQ) was downgraded by investment analysts at Wells Fargo & Company from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Friday, The Fly reports. They currently have a $30.00 price objective on the computer maker’s stock, down from their prior price objective of $35.00. Wells Fargo & Company‘s price target points to a potential downside of 14.85% from the company’s current price.

HPQ has been the subject of a number of other reports. JPMorgan Chase & Co. dropped their price target on shares of HP from $39.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, July 14th. Credit Suisse Group assumed coverage on shares of HP in a research note on Tuesday. They issued an “outperform” rating and a $39.00 target price for the company. Barclays upped their target price on shares of HP from $29.00 to $32.00 and gave the company an “underweight” rating in a research note on Wednesday, June 1st. Morgan Stanley lowered their target price on shares of HP from $31.00 to $30.00 and set an “underweight” rating for the company in a research note on Thursday, August 11th. Finally, Citigroup upped their target price on shares of HP from $38.00 to $40.00 and gave the company a “neutral” rating in a research note on Wednesday, June 1st. Four analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $37.33. Read more ...



  

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