Notable Analyst Upgrades and Downgrades for Week of September 5 2022



 

Upgrades:

 


Keefe, Bruyette & Woods upgraded shares of Jefferies Financial Group (NYSE:JEF) from a market perform rating to an outperform rating in a research report report published on Monday, The Fly reports.

JEF has been the subject of several other research reports. Morgan Stanley lowered their price objective on Jefferies Financial Group from $32.00 to $28.00 and set an equal weight rating for the company in a research report on Monday, July 18th. The Goldman Sachs Group boosted their price objective on Jefferies Financial Group from $33.00 to $37.00 and gave the company a buy rating in a research report on Thursday, August 4th. Finally, Oppenheimer lowered their price objective on Jefferies Financial Group from $50.00 to $47.00 and set an outperform rating for the company in a research report on Tuesday, June 7th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $35.50. Read more …

 


Morgan Stanley upgraded shares of NextEra Energy (NYSE:NEE) from an equal weight rating to an overweight rating in a research note issued to investors on Tuesday morning, MarketBeat reports. They currently have $99.00 target price on the utilities provider’s stock, up from their previous target price of $94.00.

Several other equities research analysts have also weighed in on NEE. BMO Capital Markets decreased their price objective on NextEra Energy from $105.00 to $93.00 in a report on Monday, June 13th. TheStreet raised NextEra Energy from a c+ rating to a b rating in a research note on Friday, July 22nd. Guggenheim reaffirmed a buy rating and issued a $91.00 price target on shares of NextEra Energy in a research note on Friday, July 22nd. Credit Suisse Group set a $76.00 target price on NextEra Energy in a research note on Monday, June 20th. Finally, Wells Fargo & Company boosted their target price on NextEra Energy from $107.00 to $115.00 and gave the company an overweight rating in a research note on Tuesday, August 9th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus target price of $92.80. Read more …

 


Northcoast Research upgraded shares of Ecolab (NYSE:ECL) from a neutral rating to a buy rating in a report published on Tuesday, Marketbeat.com reports. Northcoast Research currently has $188.00 price target on the basic materials company’s stock.

Other equities research analysts have also issued reports about the stock. UBS Group lowered their target price on shares of Ecolab to $198.00 and set an outperform rating on the stock in a research note on Wednesday, July 27th. Morgan Stanley lowered their target price on shares of Ecolab from $200.00 to $181.00 and set an equal weight rating on the stock in a research note on Monday, June 27th. BMO Capital Markets began coverage on shares of Ecolab in a research note on Friday, June 3rd. They set a hold rating and a $191.00 target price on the stock. Royal Bank of Canada lowered their target price on shares of Ecolab from $225.00 to $190.00 in a research note on Thursday, July 14th. Finally, Wells Fargo & Company began coverage on shares of Ecolab in a research note on Tuesday, July 12th. They set an overweight rating and a $187.00 target price on the stock. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Ecolab currently has a consensus rating of Moderate Buy and a consensus target price of $193.78. Read more …

 

 


Kinder Morgan (NYSE:KMI) was upgraded by The Goldman Sachs Group from a "sell" rating to a "neutral" rating in a note issued to investors on Wednesday, The Fly reports.

Other equities analysts have also recently issued research reports about the company. UBS Group lifted their price target on Kinder Morgan to $25.00 in a research note on Friday, July 22nd. US Capital Advisors reaffirmed a "hold" rating on shares of Kinder Morgan in a research note on Wednesday, June 1st. Wells Fargo & Company cut their target price on shares of Kinder Morgan to $20.00 and set an "equal weight" rating on the stock in a research note on Friday, May 20th. Finally, Barclays raised their target price on Kinder Morgan from $20.00 to $21.00 and gave the stock an "equal weight" rating in a research report on Tuesday, August 16th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $21.29. Read more …

 


John Wiley & Sons (NYSE:WLY) was upgraded by CJS Securities from a "market perform" rating to an "outperform" rating in a report issued on Thursday, The Fly reports.

Shares of WLY opened at $41.58 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.53. John Wiley & Sons has a 12-month low of $39.43 and a 12-month high of $58.65. The firm has a 50-day moving average price of $49.30. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 15.87 and a beta of 0.84.

John Wiley & Sons (NYSE:WLY) last announced its earnings results on Wednesday, June 15th. The company reported $1.08 earnings per share for the quarter. The company had revenue of $545.65 million during the quarter. John Wiley & Sons had a net margin of 7.12% and a return on equity of 19.60%. Equities research analysts predict that John Wiley & Sons will post 3.88 earnings per share for the current fiscal year. Read more …

 


American Water Works (NYSE:AWK) was upgraded by stock analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a note issued to investors on Friday, The Fly reports.

A number of other brokerages also recently weighed in on AWK. UBS Group boosted their target price on American Water Works from $149.00 to $159.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 2nd. Barclays dropped their price objective on American Water Works from $172.00 to $157.00 and set an "equal weight" rating on the stock in a research note on Monday, July 18th. Janney Montgomery Scott upgraded American Water Works from a "neutral" rating to a "buy" rating in a research note on Friday, June 24th. Wells Fargo & Company upped their price objective on American Water Works from $139.00 to $152.00 and gave the company an "underweight" rating in a research note on Monday, July 18th. Finally, HSBC lowered their target price on shares of American Water Works to $172.00 in a report on Monday, August 15th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $166.57. Read more …

 

 


3M (NYSE:MMM) was upgraded by research analysts at UBS Group from a “sell” rating to a “neutral” rating in a note issued to investors on Friday, The Fly reports.

A number of other analysts have also weighed in on MMM. Mizuho upped their price objective on shares of 3M from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 27th. Morgan Stanley increased their price objective on shares of 3M from $126.00 to $131.00 and gave the company an “underweight” rating in a research note on Wednesday, July 27th. TheStreet downgraded shares of 3M from a “b-” rating to a “c+” rating in a research note on Wednesday, June 29th. Sanford C. Bernstein reaffirmed a “mkt perform” rating and set a $155.00 target price on shares of 3M in a research report on Wednesday, August 17th. Finally, Barclays reduced their price target on 3M from $143.00 to $137.00 and set an “underweight” rating for the company in a research report on Wednesday, July 27th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $146.86. Read more …

 

 

Downgrades:

 


Edison International (NYSE:EIX) was downgraded by analysts at Morgan Stanley from an "equal weight" rating to an "underweight" rating in a report released on Tuesday, The Fly reports.

Several other equities research analysts have also recently commented on EIX. UBS Group lowered their price target on shares of Edison International from $73.00 to $68.00 and set a "neutral" rating for the company in a research report on Thursday, June 30th. Barclays lowered their price target on shares of Edison International from $73.00 to $67.00 and set an "equal weight" rating for the company in a research report on Monday, July 18th. Evercore ISI lowered their price target on shares of Edison International to $71.00 in a research report on Tuesday, August 9th. Bank of America reiterated an "underperform" rating on shares of Edison International in a research report on Thursday, July 14th. Finally, Mizuho lowered their price target on shares of Edison International from $72.00 to $71.00 and set a "neutral" rating for the company in a research report on Wednesday, August 24th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Edison International has a consensus rating of "Hold" and an average target price of $73.22. Read more …

 


Citigroup lowered shares of FedEx (NYSE:FDX) from a buy rating to a neutral rating in a research note released on Tuesday morning, MarketBeat Ratings reports. The firm currently has $225.00 target price on the shipping service provider’s stock, down from their previous target price of $270.00.

A number of other research analysts also recently weighed in on the stock. Barclays set a $320.00 price objective on shares of FedEx in a research report on Friday, June 24th. Credit Suisse Group set a $314.00 price target on shares of FedEx in a research report on Wednesday, August 10th. Deutsche Bank Aktiengesellschaft set a $320.00 price target on shares of FedEx in a research report on Thursday, June 30th. KeyCorp increased their price target on shares of FedEx from $300.00 to $325.00 and gave the stock an overweight rating in a research report on Thursday, June 30th. Finally, The Goldman Sachs Group decreased their price target on shares of FedEx from $331.00 to $291.00 and set a buy rating on the stock in a research report on Tuesday, June 7th. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, FedEx presently has an average rating of Moderate Buy and an average price target of $294.75. Read more …

 

 


Odeon Capital Group lowered shares of The Goldman Sachs Group (NYSE:GS) from a hold rating to a sell rating in a report issued on Tuesday morning, Marketbeat.com reports.

A number of other analysts have also recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of The Goldman Sachs Group from $420.00 to $380.00 and set an overweight rating for the company in a research report on Friday, July 1st. Bank of America raised shares of The Goldman Sachs Group from a neutral rating to a buy rating and upped their price target for the stock from $360.00 to $380.00 in a research report on Wednesday, June 29th. Morgan Stanley cut their price objective on shares of The Goldman Sachs Group from $418.00 to $354.00 and set an equal weight rating on the stock in a report on Tuesday, July 12th. BMO Capital Markets cut their price objective on shares of The Goldman Sachs Group from $475.00 to $461.00 in a report on Tuesday, July 19th. Finally, Royal Bank of Canada cut their price objective on shares of The Goldman Sachs Group from $390.00 to $370.00 and set a sector perform rating on the stock in a report on Friday, July 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of $413.92. Read more …

 


Morgan Stanley (NYSE:MS) was downgraded by equities researchers at Odeon Capital Group from a "hold" rating to a "sell" rating in a research note issued on Tuesday, The Fly reports.

Other analysts have also recently issued research reports about the stock. Piper Sandler lowered their target price on shares of Morgan Stanley from $100.00 to $90.00 and set a "neutral" rating on the stock in a research note on Friday, July 1st. Barclays lowered their target price on shares of Morgan Stanley from $123.00 to $108.00 and set an "overweight" rating on the stock in a research note on Friday, July 15th. Oppenheimer lowered their target price on shares of Morgan Stanley from $97.00 to $93.00 and set an "outperform" rating on the stock in a research note on Friday, July 15th. BMO Capital Markets lowered their target price on shares of Morgan Stanley from $105.00 to $99.00 in a research note on Friday, July 15th. Finally, Royal Bank of Canada reduced their price target on shares of Morgan Stanley from $97.00 to $80.00 and set a "sector perform" rating on the stock in a research report on Tuesday, June 28th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $100.75. Read more …

 


Desjardins cut shares of Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) from a buy rating to a hold rating in a research note published on Wednesday morning, The Fly reports.

A number of other equities research analysts also recently commented on the company. Royal Bank of Canada downgraded Bank of Nova Scotia from an outperform rating to a sector perform rating in a research report on Wednesday, August 24th. Credit Suisse Group cut their price objective on Bank of Nova Scotia from C$85.00 to C$84.00 in a research report on Wednesday, August 24th. Canaccord Genuity Group cut their price objective on Bank of Nova Scotia from C$92.00 to C$89.00 and set a buy rating for the company in a research report on Thursday, August 18th. Stifel Nicolaus boosted their target price on shares of Bank of Nova Scotia from C$95.00 to C$97.00 in a research note on Thursday, May 26th. Finally, BMO Capital Markets downgraded shares of Bank of Nova Scotia from an outperform rating to a market perform rating and set a $95.00 target price on the stock. in a research note on Tuesday, August 23rd. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of Hold and a consensus target price of $91.33. Read more …

 

 


The Goldman Sachs Group lowered shares of Williams Companies (NYSE:WMB) from a neutral rating to a sell rating in a research note published on Wednesday morning, The Fly reports.

Several other analysts have also issued reports on WMB. Raymond James upped their price objective on Williams Companies from $40.00 to $42.00 and gave the company a strong-buy rating in a research note on Wednesday, August 3rd. Barclays upped their target price on Williams Companies from $38.00 to $39.00 and gave the company an overweight rating in a research report on Tuesday, August 16th. TD Securities upped their target price on Williams Companies from $38.00 to $39.00 and gave the company a buy rating in a research report on Wednesday, August 3rd. Wells Fargo & Company upped their target price on Williams Companies from $39.00 to $40.00 and gave the company an overweight rating in a research report on Wednesday, August 3rd. Finally, US Capital Advisors reaffirmed a hold rating on shares of Williams Companies in a research report on Wednesday, June 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average target price of $36.31. Read more …

 


Franklin Resources (NYSE:BEN) was downgraded by equities research analysts at Bank of America from a “neutral” rating to an “underperform” rating in a report released on Thursday, The Fly reports.

Other equities research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Franklin Resources from $26.00 to $29.00 and gave the stock a “hold” rating in a research report on Friday, August 12th. Keefe, Bruyette & Woods downgraded shares of Franklin Resources from a “market perform” rating to an “underperform” rating and cut their price objective for the stock from $28.00 to $22.00 in a research report on Tuesday, June 28th. BMO Capital Markets cut their price objective on shares of Franklin Resources from $29.00 to $27.00 in a research report on Wednesday, June 1st. Morgan Stanley cut their price objective on shares of Franklin Resources from $27.00 to $21.00 and set an “underweight” rating for the company in a research report on Thursday, June 30th. Finally, UBS Group lifted their price target on shares of Franklin Resources from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Monday, August 1st. Four equities research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $26.88. Read more …

 


Church & Dwight (NYSE:CHD) was downgraded by equities research analysts at Truist Financial from a "buy" rating to a "hold" rating in a note issued to investors on Thursday, The Fly reports.

CHD has been the subject of a number of other research reports. Wells Fargo & Company lowered their price target on Church & Dwight from $95.00 to $90.00 and set an "overweight" rating for the company in a research report on Wednesday. JPMorgan Chase & Co. lifted their price target on Church & Dwight from $84.00 to $86.00 in a research report on Thursday, July 21st. Deutsche Bank Aktiengesellschaft lowered their price target on Church & Dwight from $93.00 to $90.00 in a research report on Wednesday. Royal Bank of Canada lowered their price target on Church & Dwight from $94.00 to $92.00 and set a "sector perform" rating for the company in a research report on Monday, August 1st. Finally, Morgan Stanley lowered their price target on Church & Dwight from $86.00 to $82.00 and set an "underweight" rating for the company in a research report on Monday, August 1st. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $93.07. Read more …




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