Notable Analyst Upgrades and Downgrades for Week of October 24 2022

Upgrades:

Barclays upgraded shares of Texas Instruments (NASDAQ:TXN) from an underweight rating to an equal weight rating in a report released on Monday morning, Marketbeat.com reports. They currently have $150.00 target price on the semiconductor company’s stock.

A number of other brokerages also recently weighed in on TXN. Morgan Stanley boosted their target price on Texas Instruments from $155.00 to $160.00 and gave the stock an underweight rating in a research note on Wednesday, July 27th. Cowen began coverage on Texas Instruments in a research note on Tuesday, October 11th. They issued a market perform rating and a $170.00 price objective on the stock. Oppenheimer dropped their price objective on Texas Instruments from $200.00 to $185.00 and set an outperform rating on the stock in a research note on Friday. The Goldman Sachs Group dropped their price objective on Texas Instruments from $162.00 to $148.00 in a research note on Friday, July 15th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Texas Instruments from $165.00 to $160.00 and set a hold rating on the stock in a research note on Tuesday, October 18th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Hold and an average target price of $180.48. Read more …

Jefferies Financial Group upgraded shares of Waste Management (NYSE:WM) from a hold rating to a buy rating in a research report report published on Tuesday morning, MarketBeat.com reports. They currently have $191.00 target price on the business services provider’s stock, up from their previous target price of $170.00.

Several other analysts have also commented on the company. StockNews.com initiated coverage on Waste Management in a report on Wednesday, October 12th. They set a strong-buy rating on the stock. Oppenheimer dropped their price target on shares of Waste Management to $169.00 in a research report on Thursday, October 20th. Finally, Morgan Stanley upped their price objective on shares of Waste Management from $175.00 to $180.00 and gave the stock an equal weight rating in a research report on Tuesday, September 27th. Five analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Waste Management presently has a consensus rating of Moderate Buy and a consensus target price of $171.13. Read more …

Credit Suisse Group upgraded shares of Canadian Utilities (TSX:CU) from an underperform rating to a neutral rating in a research note issued to investors on Tuesday, The Fly reports.

Other research analysts also recently issued reports about the company. Royal Bank of Canada boosted their price target on Canadian Utilities from C$42.00 to C$43.00 in a report on Thursday, October 6th. National Bank Financial boosted their price target on Canadian Utilities from C$37.00 to C$40.00 in a report on Tuesday, August 2nd. Finally, BMO Capital Markets boosted their price target on Canadian Utilities from C$38.00 to C$39.00 in a report on Thursday, October 6th.

Shares of CU opened at $26.00 on Tuesday. Canadian Utilities has a 12-month low of $23.89 and a 12-month high of $32.61. The business has a 50 day moving average of $28.69 and a two-hundred day moving average of $29.95.Read more …

Credit Suisse Group upgraded shares of Portland General Electric (NYSE:POR) from an underperform rating to a neutral rating in a research note released on Wednesday morning, The Fly reports.

Other research analysts have also issued reports about the stock. Mizuho decreased their price objective on shares of Portland General Electric from $51.00 to $45.00 and set a neutral rating for the company in a report on Friday, October 7th. Guggenheim decreased their price target on shares of Portland General Electric from $56.00 to $48.00 in a report on Monday. Barclays decreased their price target on shares of Portland General Electric from $53.00 to $49.00 and set an equal weight rating for the company in a report on Monday, July 18th. Bank of America lowered shares of Portland General Electric from a buy rating to a neutral rating and set a $52.00 price target for the company. in a report on Monday, August 1st. Finally, StockNews.com assumed coverage on shares of Portland General Electric in a report on Wednesday, October 12th. They issued a buy rating for the company. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Portland General Electric presently has an average rating of Hold and a consensus price target of $48.14. Read more …

Gilead Sciences, Inc. (NASDAQ:GILD)'s stock price reached a new 52-week high during trading on Friday after BMO Capital Markets raised their price target on the stock from $63.00 to $72.00. The stock traded as high as $76.14 and last traded at $76.11, with a volume of 342408 shares traded. The stock had previously closed at $70.20.

Other analysts have also recently issued reports about the company. Piper Sandler raised Gilead Sciences from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $79.00 to $96.00 in a research report on Friday. Cowen lifted their price target on Gilead Sciences from $75.00 to $80.00 in a research report on Friday. JPMorgan Chase & Co. upgraded Gilead Sciences from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $72.00 to $80.00 in a report on Tuesday, October 4th. Wells Fargo & Company boosted their target price on shares of Gilead Sciences from $63.00 to $74.00 and gave the company an "equal weight" rating in a report on Tuesday, September 13th. Finally, Morgan Stanley increased their price target on shares of Gilead Sciences from $65.00 to $67.00 and gave the stock an "equal weight" rating in a research note on Thursday, October 13th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $77.06. Read more …

Intel (NASDAQ:INTC) had its price target dropped by research analysts at Morgan Stanley from $36.00 to $29.50 in a research report issued on Friday, Stock Target Advisor reports. The firm presently has an "underweight" rating on the chip maker's stock. Morgan Stanley's target price indicates a potential upside of 2.04% from the stock's previous close.

INTC has been the subject of a number of other reports. Barclays raised shares of Intel from an "underweight" rating to an "equal weight" rating and set a $30.00 target price for the company in a report on Friday. KGI Securities upgraded shares of Intel from an "underperform" rating to a "neutral" rating in a research report on Friday. Northland Securities lowered their price target on shares of Intel from $55.00 to $52.00 and set an "outperform" rating on the stock in a research report on Monday, October 10th. UBS Group lowered their price target on shares of Intel from $51.00 to $41.00 and set a "neutral" rating on the stock in a research report on Friday, July 29th. Finally, Evercore ISI decreased their target price on shares of Intel from $40.00 to $30.00 and set an "inline" rating on the stock in a research report on Friday. Eight analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Intel currently has a consensus rating of "Hold" and an average target price of $35.31. Read more …

Downgrades:

Chevron (NYSE:CVX) was downgraded by HSBC from a "buy" rating to a "hold" rating in a report released on Monday, The Fly reports. They presently have a $177.00 target price on the oil and gas company's stock. HSBC's price objective would indicate a potential upside of 2.60% from the stock's previous close.

Several other equities analysts have also issued reports on CVX. Citigroup boosted their price target on shares of Chevron from $150.00 to $155.00 in a report on Tuesday, October 18th. The Goldman Sachs Group reissued a "neutral" rating and issued a $172.00 price target on shares of Chevron in a report on Thursday, August 4th. Bank of America boosted their price target on shares of Chevron from $178.00 to $180.00 and gave the company a "buy" rating in a report on Monday, August 1st. Societe Generale raised shares of Chevron from a "hold" rating to a "buy" rating in a report on Thursday, August 4th. Finally, Jefferies Financial Group assumed coverage on shares of Chevron in a research note on Wednesday, October 19th. They issued a "hold" rating for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, Chevron currently has a consensus rating of "Moderate Buy" and an average price target of $169.75. Read more …

Wells Fargo & Company downgraded shares of FedEx (NYSE:FDX) from an overweight rating to an equal weight rating in a research note published on Monday morning, MarketBeat.com reports. Wells Fargo & Company currently has $160.00 price objective on the shipping service provider’s stock, down from their prior price objective of $199.00.

A number of other research firms also recently commented on FDX. Stephens lowered their target price on FedEx from $295.00 to $200.00 in a research report on Friday, September 23rd. Cowen lowered their target price on FedEx from $230.00 to $185.00 in a research report on Friday, September 23rd. UBS Group set a $215.00 target price on FedEx in a research report on Wednesday, October 5th. Morgan Stanley lowered their price target on FedEx from $250.00 to $125.00 and set an equal weight rating for the company in a research report on Tuesday, September 27th. Finally, Deutsche Bank Aktiengesellschaft set a $320.00 price target on FedEx in a research report on Monday, September 19th. Twelve research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of $208.38. Read more …

Williams-Sonoma (NYSE:WSM) was downgraded by equities research analysts at Jefferies Financial Group from a "hold" rating to an "underperform" rating in a note issued to investors on Monday, Marketbeat.com reports. They currently have a $100.00 price objective on the specialty retailer's stock, down from their prior price objective of $160.00. Jefferies Financial Group's price objective would suggest a potential downside of 17.66% from the stock's current price. Jefferies Financial Group also issued estimates for Williams-Sonoma's Q4 2023 earnings at $5.16 EPS, Q1 2024 earnings at $3.03 EPS and Q2 2024 earnings at $3.47 EPS.

A number of other equities analysts have also commented on the company. Barclays lifted their price objective on Williams-Sonoma from $173.00 to $192.00 and gave the stock an "overweight" rating in a research note on Thursday, August 25th. Royal Bank of Canada lifted their price objective on Williams-Sonoma from $185.00 to $192.00 in a research note on Thursday, August 25th. Telsey Advisory Group lifted their price objective on Williams-Sonoma from $165.00 to $195.00 and gave the stock an "outperform" rating in a research note on Thursday, August 25th. Wells Fargo & Company lifted their price objective on Williams-Sonoma from $135.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 25th. Finally, Citigroup lifted their price objective on Williams-Sonoma to $156.00 in a research note on Monday, August 15th. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Williams-Sonoma currently has a consensus rating of "Hold" and an average price target of $167.88. Read more …

Danaher (NYSE:DHR) was downgraded by equities researchers at Benchmark from a "buy" rating to a "hold" rating in a research note issued on Monday, The Fly reports. They presently have a $325.00 price objective on the conglomerate's stock. Benchmark's price objective would suggest a potential upside of 34.67% from the company's previous close.

A number of other equities analysts have also commented on DHR. Cowen lowered their price objective on Danaher to $340.00 in a research note on Friday, July 22nd. StockNews.com began coverage on Danaher in a report on Wednesday, October 12th. They issued a "strong-buy" rating on the stock. UBS Group raised their price objective on Danaher from $297.00 to $323.00 and gave the company a "buy" rating in a report on Thursday, July 28th. Evercore ISI cut their price objective on Danaher from $320.00 to $280.00 and set an "outperform" rating on the stock in a report on Tuesday, July 5th. Finally, JPMorgan Chase & Co. lowered their target price on Danaher from $350.00 to $315.00 in a research report on Friday. Two equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $314.58. Read more …

Bank Of America (Bofa) downgraded shares of Southern (NYSE:SO) to an underperform rating in a research note published on Monday morning, The Fly reports.

Other analysts have also issued reports about the company. The Goldman Sachs Group raised their target price on Southern from $53.00 to $61.00 and gave the company a sell rating in a research note on Monday, August 22nd. StockNews.com started coverage on Southern in a research report on Wednesday, October 12th. They issued a hold rating for the company. UBS Group upgraded Southern from a neutral rating to a buy rating and lifted their price objective for the stock from $76.00 to $87.00 in a research report on Thursday, August 4th. Seaport Res Ptn reiterated a buy rating on shares of Southern in a research report on Thursday, June 30th. Finally, Bank of America lowered Southern from a neutral rating to an underperform rating and lowered their price objective for the stock from $63.00 to $59.00 in a research report on Monday. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Southern has a consensus rating of Hold and an average target price of $71.67. Read more …

Whirlpool (NYSE:WHR) was downgraded by Bank of America from a "neutral" rating to an "underperform" rating in a note issued to investors on Wednesday, The Fly reports.

A number of other research analysts also recently commented on WHR. Credit Suisse Group cut their target price on shares of Whirlpool to $157.00 in a research report on Thursday, October 20th. TheStreet downgraded shares of Whirlpool from a "b" rating to a "c+" rating in a research report on Monday, July 25th. JPMorgan Chase & Co. cut their target price on shares of Whirlpool from $227.00 to $191.00 in a research report on Friday, July 15th. Finally, StockNews.com assumed coverage on shares of Whirlpool in a research report on Wednesday, October 12th. They set a "hold" rating on the stock. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $185.00.

NYSE WHR opened at $137.00 on Wednesday. The company's 50-day moving average price is $148.32 and its 200-day moving average price is $162.92. The company has a current ratio of 1.16, a quick ratio of 0.74 and a debt-to-equity ratio of 1.09. The stock has a market cap of $7.47 billion, a PE ratio of 22.06, a PEG ratio of 1.16 and a beta of 1.55. Whirlpool has a 12 month low of $124.43 and a 12 month high of $245.44. Read more …

Ally Financial (NYSE:ALLY) was downgraded by stock analysts at Compass Point from a "buy" rating to a "neutral" rating in a research report issued on Wednesday, MarketBeat.com reports.

A number of other research analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ally Financial from $70.00 to $55.00 in a research report on Wednesday, July 20th. JPMorgan Chase & Co. lowered their price objective on shares of Ally Financial from $39.00 to $34.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 18th. Stephens lowered their price objective on shares of Ally Financial from $39.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Thursday, October 20th. Citigroup lowered their price objective on shares of Ally Financial from $35.00 to $34.00 and set a "buy" rating on the stock in a research report on Thursday, October 20th. Finally, StockNews.com started coverage on shares of Ally Financial in a research report on Wednesday, October 12th. They issued a "hold" rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Ally Financial has a consensus rating of "Hold" and a consensus target price of $37.88. Read more …

Corning (NYSE:GLW) had its target price reduced by equities research analysts at Susquehanna Bancshares from $40.00 to $39.00 in a report issued on Wednesday, Stock Target Advisor reports. Susquehanna Bancshares' price target indicates a potential upside of 20.74% from the company's current price.

GLW has been the topic of several other research reports. Citigroup dropped their target price on shares of Corning from $37.00 to $36.00 and set a "neutral" rating on the stock in a report on Friday, September 9th. Morgan Stanley dropped their target price on shares of Corning from $40.00 to $36.00 and set an "equal weight" rating on the stock in a report on Tuesday, October 11th. Fox Advisors downgraded shares of Corning from an "overweight" rating to an "equal weight" rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Corning from $37.00 to $35.00 in a report on Wednesday. Finally, StockNews.com started coverage on shares of Corning in a report on Wednesday, October 12th. They issued a "hold" rating on the stock. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $39.27. Read more …

L3Harris Technologies (NYSE:LHX) was downgraded by equities research analysts at Raymond James from an "outperform" rating to a "market perform" rating in a research report issued to clients and investors on Friday, The Fly reports.

LHX has been the topic of a number of other reports. Wells Fargo & Company lowered L3Harris Technologies from an "overweight" rating to an "equal weight" rating and set a $238.00 target price on the stock. in a report on Wednesday, September 28th. Royal Bank of Canada began coverage on L3Harris Technologies in a research note on Monday, August 29th. They issued an "outperform" rating and a $285.00 price target for the company. TheStreet upgraded L3Harris Technologies from a "c" rating to a "b-" rating in a research note on Friday, October 21st. StockNews.com began coverage on L3Harris Technologies in a research note on Wednesday, October 12th. They issued a "buy" rating for the company. Finally, Wolfe Research began coverage on L3Harris Technologies in a research note on Monday, October 10th. They issued a "peer perform" rating for the company. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $268.55. Read more …

Essex Property Trust (NYSE:ESS) was downgraded by equities researchers at Piper Sandler to a "neutral" rating in a report released on Friday, Stock Target Advisor reports. They currently have a $250.00 price target on the real estate investment trust's stock, down from their previous price target of $297.00. Piper Sandler's target price would suggest a potential upside of 12.83% from the stock's current price.

Several other analysts have also commented on the company. Capital One Financial reissued an "equal weight" rating on shares of Essex Property Trust in a report on Thursday, August 18th. Evercore ISI reduced their target price on Essex Property Trust to $290.00 in a research report on Thursday, October 13th. Mizuho downgraded Essex Property Trust from a "buy" rating to a "neutral" rating and reduced their target price for the company from $273.00 to $264.00 in a research report on Monday, September 19th. Raymond James restated an "upgrade" rating and issued a $300.00 target price on shares of Essex Property Trust in a research report on Thursday, August 4th. Finally, Morgan Stanley reduced their target price on Essex Property Trust from $313.00 to $288.00 and set an "equal weight" rating on the stock in a research report on Friday, October 21st. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $292.63. Read more …

Western Union (NYSE:WU) was downgraded by analysts at UBS Group from a "neutral" rating to a "sell" rating in a research note issued on Friday, The Fly reports.

A number of other research analysts have also recently commented on WU. Truist Financial lowered their target price on Western Union from $15.00 to $13.00 and set a "hold" rating for the company in a research note on Friday, October 21st. JPMorgan Chase & Co. lowered their target price on Western Union from $18.00 to $14.00 and set an "underweight" rating for the company in a research note on Friday, October 21st. Morgan Stanley lowered their target price on Western Union from $14.00 to $10.00 and set an "underweight" rating for the company in a research note on Friday, October 21st. Credit Suisse Group lowered their target price on Western Union from $16.00 to $14.00 and set an "underperform" rating for the company in a research note on Friday, October 21st. Finally, Royal Bank of Canada lowered their target price on Western Union from $21.00 to $17.00 and set a "sector perform" rating for the company in a research note on Friday, October 21st. Eight research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $15.31. Read more …

Archive of Upgrades and Downgrades