Notable Analyst Upgrades and Downgrades for Week of September 19 2022



 

Upgrades:

 


Citigroup upgraded shares of Essex Property Trust (NYSE:ESS) from a neutral rating to a buy rating in a report released on Monday, Marketbeat.com reports. They currently have $295.00 price target on the real estate investment trust’s stock.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group lowered their target price on Essex Property Trust from $316.00 to $235.00 and set a hold rating on the stock in a research report on Thursday, June 30th. Capital One Financial reiterated an equal weight rating on shares of Essex Property Trust in a research report on Thursday, August 18th. KeyCorp lowered their target price on Essex Property Trust from $371.00 to $314.00 and set an overweight rating on the stock in a research report on Tuesday, June 28th. Barclays lowered their target price on Essex Property Trust from $310.00 to $300.00 and set an underweight rating on the stock in a research report on Thursday, September 15th. Finally, Raymond James reiterated an upgrade rating and set a $300.00 target price on shares of Essex Property Trust in a research report on Thursday, August 4th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Hold and an average target price of $307.18. Read more …

 


Healthcare Realty Trust (NYSE:HR) was upgraded by research analysts at Citigroup from a "neutral" rating to a "buy" rating in a research report issued on Monday, The Fly reports.

A number of other research analysts have also recently weighed in on the company. Sumitomo Mitsui Financial Group upgraded Healthcare Realty Trust from a "neutral" rating to an "outperform" rating and set a $30.00 price target for the company in a research report on Thursday, August 11th. Capital One Financial reaffirmed an "overweight" rating on shares of Healthcare Realty Trust in a research note on Sunday, August 14th. StockNews.com raised Healthcare Realty Trust to a "sell" rating in a research note on Tuesday, August 30th. JPMorgan Chase & Co. began coverage on Healthcare Realty Trust in a research note on Thursday, July 21st. They set a "neutral" rating on the stock. Finally, Credit Suisse Group decreased their price objective on Healthcare Realty Trust from $34.00 to $29.00 and set an "outperform" rating on the stock in a research note on Monday, July 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Healthcare Realty Trust currently has an average rating of "Hold" and a consensus target price of $30.29. Read more …

 


Redburn Partners upgraded shares of Morningstar (NASDAQ:MORN) from a neutral rating to a buy rating in a research note issued to investors on Tuesday morning, MarketBeat.com reports.

Separately, TheStreet downgraded shares of Morningstar from a b- rating to a c+ rating in a research report on Tuesday, September 6th.

Shares of NASDAQ:MORN opened at $225.23 on Tuesday. Morningstar has a 12 month low of $218.25 and a 12 month high of $350.21. The stock has a market cap of $9.57 billion, a P/E ratio of 53.75 and a beta of 1.13. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.92. The company has a 50 day moving average of $241.02 and a 200 day moving average of $250.13. Read more …

 

 


Eli Lilly and (NYSE:LLY) was upgraded by stock analysts at UBS Group to a "buy" rating in a research note issued to investors on Thursday, The Fly reports.

Other analysts have also recently issued research reports about the stock. Morgan Stanley boosted their target price on shares of Eli Lilly and from $395.00 to $412.00 and gave the company an "overweight" rating in a report on Wednesday, September 7th. JPMorgan Chase & Co. upped their price target on shares of Eli Lilly and from $340.00 to $355.00 in a research note on Wednesday, June 1st. Citigroup upped their price target on shares of Eli Lilly and from $285.00 to $370.00 in a research note on Thursday, August 25th. BMO Capital Markets upped their price target on shares of Eli Lilly and from $369.00 to $396.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 6th. Finally, StockNews.com upgraded shares of Eli Lilly and from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, September 14th. Three equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $330.44. Read more …

 


Domino's Pizza (NYSE:DPZ) was upgraded by research analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a research report issued on Friday, The Fly reports.

Several other analysts also recently commented on DPZ. Oppenheimer increased their target price on shares of Domino's Pizza from $435.00 to $445.00 in a report on Friday, July 22nd. Cowen increased their target price on shares of Domino's Pizza from $365.00 to $410.00 and gave the stock a "market perform" rating in a research report on Friday, July 22nd. Stifel Nicolaus increased their target price on shares of Domino's Pizza from $345.00 to $400.00 in a research report on Monday, July 18th. Bank of America cut their target price on shares of Domino's Pizza from $512.00 to $490.00 and set a "buy" rating for the company in a research report on Friday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Domino's Pizza from $421.00 to $373.00 in a research report on Thursday. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $430.16. Read more …

 


Avista (NYSE:AVA) was upgraded by equities research analysts at Mizuho from a "neutral" rating to a "buy" rating in a report released on Friday, The Fly reports. The firm presently has a $44.00 price target on the utilities provider's stock. Mizuho's price target would suggest a potential upside of 9.10% from the stock's previous close.

AVA opened at $40.33 on Friday. Avista has a one year low of $37.73 and a one year high of $46.90. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.75 and a quick ratio of 0.56. The company's 50 day simple moving average is $41.99 and its 200-day simple moving average is $42.88. The stock has a market capitalization of $2.94 billion, a P/E ratio of 19.58, a price-to-earnings-growth ratio of 3.87 and a beta of 0.53.

Avista (NYSE:AVA) last released its quarterly earnings results on Wednesday, August 3rd. The utilities provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01). Avista had a net margin of 9.53% and a return on equity of 6.80%. During the same quarter in the prior year, the firm earned $0.20 EPS. Sell-side analysts anticipate that Avista will post 1.93 earnings per share for the current fiscal year. Read more …

 

 

 

Downgrades:

 


Kilroy Realty (NYSE:KRC) was downgraded by analysts at Citigroup from a "buy" rating to a "neutral" rating in a research note issued on Monday, The Fly reports.

A number of other research analysts have also recently commented on the stock. Mizuho cut their price target on shares of Kilroy Realty from $77.00 to $60.00 and set a "buy" rating on the stock in a report on Wednesday, July 6th. Credit Suisse Group began coverage on shares of Kilroy Realty in a research note on Wednesday, June 22nd. They issued an "underperform" rating and a $48.00 price objective for the company. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Kilroy Realty from $75.00 to $60.00 in a research note on Wednesday, July 20th. BMO Capital Markets lowered shares of Kilroy Realty from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $84.00 to $70.00 in a research note on Tuesday, May 31st. Finally, Royal Bank of Canada decreased their price target on shares of Kilroy Realty from $80.00 to $68.00 and set an "outperform" rating for the company in a research report on Tuesday, July 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $68.00. Read more …

 


Barclays cut shares of NIKE (NYSE:NKE) from an overweight rating to an equal weight rating in a report released on Tuesday morning, Marketbeat.com reports. They currently have $110.00 target price on the footwear maker’s stock, down from their prior target price of $125.00.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus decreased their target price on shares of NIKE from $135.00 to $130.00 in a research note on Wednesday, July 20th. BMO Capital Markets decreased their target price on shares of NIKE from $142.00 to $128.00 and set an outperform rating on the stock in a research note on Tuesday, June 28th. Wedbush decreased their target price on shares of NIKE from $130.00 to $121.00 in a research note on Friday, September 9th. Seaport Res Ptn downgraded shares of NIKE from a buy rating to a neutral rating in a research note on Wednesday, June 22nd. Finally, KeyCorp started coverage on shares of NIKE in a research note on Wednesday, July 20th. They issued a sector weight rating on the stock. Eleven research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, NIKE currently has a consensus rating of Moderate Buy and a consensus price target of $135.85. Read more …

 


Cisco Systems (NASDAQ:CSCO) was downgraded by stock analysts at Barclays from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Wednesday, The Fly reports.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $51.00 price objective (down previously from $62.00) on shares of Cisco Systems in a research note on Thursday, July 14th. Cowen raised their price objective on Cisco Systems from $58.00 to $60.00 and gave the company an "outperform" rating in a research note on Thursday, August 18th. Rosenblatt Securities lifted their price objective on Cisco Systems from $48.00 to $53.00 and gave the stock a "neutral" rating in a report on Thursday, August 18th. Credit Suisse Group upped their target price on Cisco Systems from $60.00 to $65.00 and gave the company an "outperform" rating in a report on Thursday, August 18th. Finally, Piper Sandler lifted their price target on Cisco Systems from $43.00 to $47.00 and gave the stock a "neutral" rating in a research note on Thursday, August 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve 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 price target of $54.60. Read more …

 

 


Ally Financial (NYSE:ALLY) was downgraded by equities researchers at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Friday, The Fly reports. They presently have a $32.00 target price on the financial services provider's stock. Wells Fargo & Company's price objective would suggest a potential upside of 4.30% from the company's previous close.

ALLY has been the topic of several other reports. Compass Point reduced their price objective on Ally Financial to $54.00 in a research note on Monday, July 4th. Raymond James dropped their target price on Ally Financial from $50.00 to $43.00 and set an "outperform" rating for the company in a research report on Thursday, July 7th. Morgan Stanley dropped their target price on Ally Financial from $44.00 to $41.00 and set an "overweight" rating for the company in a research report on Wednesday, July 20th. Keefe, Bruyette & Woods lowered their price objective on Ally Financial from $63.00 to $47.00 in a research report on Monday, July 11th. Finally, Credit Suisse Group lowered their price objective on Ally Financial to $55.00 in a research report on Friday, July 22nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Ally Financial has an average rating of "Hold" and a consensus target price of $48.86. Read more …

 


Digital Realty Trust (NYSE:DLR) was downgraded by research analysts at Barclays from an "equal weight" rating to an "underweight" rating in a research note issued to investors on Friday, Marketbeat reports.

DLR has been the topic of several other reports. Morgan Stanley decreased their price target on shares of Digital Realty Trust from $154.00 to $141.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 26th. Jefferies Financial Group upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and raised their target price for the stock from $151.00 to $160.00 in a research report on Thursday, June 30th. Citigroup cut their price target on Digital Realty Trust from $165.00 to $160.00 and set a "buy" rating for the company in a report on Friday, June 10th. Deutsche Bank Aktiengesellschaft lifted their price objective on Digital Realty Trust from $144.00 to $150.00 and gave the company a "buy" rating in a research report on Tuesday, August 2nd. Finally, Wells Fargo & Company reduced their target price on Digital Realty Trust from $150.00 to $145.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 13th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and an average price target of $160.71. Read more …

 


Equinix (NASDAQ:EQIX) was downgraded by research analysts at Barclays from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Friday, The Fly reports.

Several other research firms have also weighed in on EQIX. BMO Capital Markets lowered their price objective on shares of Equinix from $825.00 to $770.00 in a research note on Thursday, May 26th. The Goldman Sachs Group lowered their price target on Equinix from $875.00 to $765.00 and set a "buy" rating on the stock in a report on Tuesday, July 12th. Credit Suisse Group decreased their target price on shares of Equinix from $718.00 to $716.00 and set a "neutral" rating on the stock in a research report on Thursday, July 28th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Equinix from $785.00 to $750.00 in a research note on Thursday, July 28th. Finally, Wells Fargo & Company decreased their target price on shares of Equinix from $775.00 to $760.00 and set an "overweight" rating for the company in a report on Monday, July 25th. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $818.75. Read more …


 



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