Notable Analyst Upgrades and Downgrades for Week of November 7 2022



 

Upgrades:

 


S&P Global (NYSE:SPGI) was upgraded by equities researchers at Atlantic Securities from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm presently has a $386.00 price target on the business services provider's stock, up from their previous price target of $356.00. Atlantic Securities' target price would suggest a potential upside of 22.00% from the stock's current price.

A number of other brokerages have also recently weighed in on SPGI. Jefferies Financial Group reissued a "buy" rating and issued a $397.00 price target (down from $430.00) on shares of S&P Global in a research report on Tuesday, October 25th. Morgan Stanley reduced their target price on shares of S&P Global from $380.00 to $354.00 and set an "overweight" rating for the company in a report on Friday, October 28th. JPMorgan Chase & Co. reduced their target price on shares of S&P Global from $410.00 to $390.00 in a report on Thursday, October 13th. The Goldman Sachs Group reduced their target price on shares of S&P Global from $423.00 to $364.00 and set a "buy" rating for the company in a report on Monday, October 3rd. Finally, Argus reduced their target price on shares of S&P Global from $420.00 to $365.00 and set a "buy" rating for the company in a report on Tuesday, November 1st. One investment analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $387.19. Read more …

 


Church & Dwight (NYSE:CHD) was upgraded by investment analysts at Argus from a "hold" rating to a "buy" rating in a research report issued on Monday, The Fly reports.

Several other research firms have also recently commented on CHD. Credit Suisse Group lowered their price target on shares of Church & Dwight to $85.00 in a report on Thursday, October 27th. Royal Bank of Canada reduced their price objective on shares of Church & Dwight from $90.00 to $85.00 and set a "sector perform" rating for the company in a research report on Monday, October 31st. Truist Financial downgraded shares of Church & Dwight from a "buy" rating to a "hold" rating in a research report on Thursday, September 8th. JPMorgan Chase & Co. reduced their price objective on shares of Church & Dwight from $80.00 to $72.00 and set an "underweight" rating for the company in a research report on Thursday, October 13th. Finally, The Goldman Sachs Group reduced their price objective on shares of Church & Dwight from $93.00 to $83.00 and set a "neutral" rating for the company in a research report on Monday, October 10th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight presently has an average rating of "Hold" and an average target price of $86.21. Read more …

 


Southern Copper (NYSE:SCCO) was upgraded by Morgan Stanley from an "equal weight" rating to an "overweight" rating in a research report issued on Tuesday, Briefing.com reports. The brokerage presently has a $54.00 price target on the basic materials company's stock. Morgan Stanley's price target indicates a potential upside of 1.81% from the company's previous close.

Several other research firms have also weighed in on SCCO. Citigroup lowered Southern Copper from a "neutral" rating to a "sell" rating and lowered their target price for the company from $70.00 to $40.00 in a report on Wednesday, July 13th. The Goldman Sachs Group assumed coverage on Southern Copper in a report on Friday, August 5th. They set a "neutral" rating and a $65.00 target price on the stock. StockNews.com began coverage on shares of Southern Copper in a research report on Wednesday, October 12th. They issued a "hold" rating for the company. Deutsche Bank Aktiengesellschaft reduced their target price on Southern Copper from $47.00 to $45.00 and set a "hold" rating for the company in a research note on Wednesday, October 5th. Finally, Barclays lowered their price objective on Southern Copper to $50.00 in a report on Tuesday, August 9th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $52.67. Read more …

 

 


Scotts Miracle-Gro (NYSE:SMG) was upgraded by equities researchers at Barclays from an "equal weight" rating to an "overweight" rating in a report issued on Tuesday, Marketbeat.com reports. The brokerage currently has a $75.00 price target on the basic materials company's stock. Barclays's target price suggests a potential upside of 45.04% from the stock's current price.

A number of other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. lowered their price objective on Scotts Miracle-Gro from $80.00 to $45.00 and set a "neutral" rating for the company in a research note on Thursday, November 3rd. UBS Group cut their price objective on Scotts Miracle-Gro from $92.00 to $86.00 and set a "neutral" rating for the company in a report on Wednesday, August 3rd. Stifel Nicolaus lowered their target price on Scotts Miracle-Gro from $75.00 to $48.00 in a report on Thursday, October 27th. Truist Financial dropped their price target on shares of Scotts Miracle-Gro from $85.00 to $50.00 in a research note on Thursday, November 3rd. Finally, Wells Fargo & Company decreased their target price on shares of Scotts Miracle-Gro from $75.00 to $50.00 and set an "equal weight" rating on the stock in a research note on Monday, October 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has issued a strong 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 $58.57. Read more …

 


Eastman Chemical (NYSE:EMN) was upgraded by stock analysts at Tudor, Pickering, Holt & Co. from a "hold" rating to a "buy" rating in a report issued on Tuesday, Briefing.com reports.

A number of other brokerages also recently commented on EMN. Tudor Pickering upgraded shares of Eastman Chemical from a "hold" rating to a "buy" rating in a report on Tuesday. Royal Bank of Canada decreased their target price on shares of Eastman Chemical from $97.00 to $82.00 and set a "sector perform" rating for the company in a research report on Thursday, September 15th. StockNews.com started coverage on shares of Eastman Chemical in a report on Wednesday, October 12th. They issued a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on Eastman Chemical from $115.00 to $95.00 and set a "buy" rating for the company in a report on Thursday, September 15th. Finally, UBS Group dropped their target price on Eastman Chemical from $118.00 to $108.00 and set a "buy" rating on the stock in a research note on Monday, September 19th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $97.31. Read more …

 


Kroger (NYSE:KR) was upgraded by investment analysts at Evercore ISI from an "in-line" rating to an "outperform" rating in a report released on Wednesday, The Fly reports. The brokerage presently has a $56.00 price target on the stock, up from their previous price target of $49.00. Evercore ISI's price target points to a potential upside of 18.85% from the company's current price.

Several other analysts have also recently commented on the company. BNP Paribas upgraded Kroger from a "neutral" rating to an "outperform" rating and set a $51.00 price target for the company in a research report on Monday, October 10th. StockNews.com started coverage on Kroger in a research report on Wednesday, October 12th. They set a "strong-buy" rating for the company. Deutsche Bank Aktiengesellschaft boosted their price target on Kroger from $53.00 to $54.00 and gave the stock a "hold" rating in a research report on Tuesday, September 13th. Oppenheimer dropped their price target on Kroger to $51.00 in a research report on Tuesday, September 6th. Finally, Exane BNP Paribas upgraded Kroger from a "neutral" rating to an "outperform" rating in a research report on Monday, October 10th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Kroger has an average rating of "Hold" and an average price target of $51.74. Read more …

 

 


Walgreens Boots Alliance (NASDAQ:WBA) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report released on Friday, Briefing.com reports.

A number of other brokerages also recently commented on WBA. StockNews.com downgraded shares of Walgreens Boots Alliance from a "buy" rating to a "hold" rating in a research note on Wednesday, October 5th. Mizuho cut their target price on shares of Walgreens Boots Alliance to $36.00 in a research note on Thursday, October 13th. UBS Group dropped their price target on shares of Walgreens Boots Alliance from $40.00 to $37.00 and set a "neutral" rating on the stock in a research note on Friday, October 7th. Truist Financial lifted their price target on shares of Walgreens Boots Alliance from $38.00 to $44.00 in a research note on Tuesday. Finally, Royal Bank of Canada dropped their price target on shares of Walgreens Boots Alliance from $42.00 to $36.00 and set a "sector perform" rating on the stock in a research note on Wednesday, October 19th. One analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $42.08. Read more …

 

 

Downgrades:

 


Credit Suisse Group cut shares of Dominion Energy (NYSE:D) from an outperform rating to a neutral rating in a research report sent to investors on Monday morning, MarketBeat.com reports. Credit Suisse Group currently has $69.00 target price on the utilities provider’s stock, down from their previous target price of $76.00.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. downgraded shares of Dominion Energy from an overweight rating to a neutral rating and dropped their price target for the company from $83.00 to $76.00 in a research note on Monday. Mizuho decreased their price target on Dominion Energy from $81.00 to $71.00 and set a neutral rating for the company in a research note on Thursday, October 6th. Wolfe Research lowered Dominion Energy from an outperform rating to a peer perform rating in a research note on Monday. Guggenheim decreased their target price on shares of Dominion Energy from $90.00 to $75.00 in a research report on Monday, October 24th. Finally, BMO Capital Markets raised their price target on shares of Dominion Energy from $87.00 to $91.00 and gave the stock an outperform rating in a report on Tuesday, August 9th. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Dominion Energy currently has a consensus rating of Hold and an average target price of $76.36. Read more …

 


Costco Wholesale (NASDAQ:COST) was downgraded by investment analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating in a research report issued on Monday, The Fly reports.

A number of other equities research analysts have also recently issued reports on the stock. DA Davidson upped their target price on shares of Costco Wholesale from $440.00 to $455.00 in a report on Friday, September 23rd. Citigroup upped their price target on shares of Costco Wholesale from $510.00 to $545.00 in a report on Thursday, August 4th. Loop Capital cut their price target on shares of Costco Wholesale from $610.00 to $585.00 in a report on Thursday, September 1st. Morgan Stanley cut their price target on shares of Costco Wholesale from $560.00 to $525.00 and set an "overweight" rating for the company in a report on Friday, September 23rd. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $580.00 price target on shares of Costco Wholesale in a report on Friday, July 29th. Four investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company's stock. According to MarketBeat, Costco Wholesale presently has an average rating of "Moderate Buy" and a consensus price target of $570.32. Read more …

 

 


Enbridge (NYSE:ENB) (TSE:ENB) was downgraded by stock analysts at National Bank Financial from an "outperform" rating to a "sector perform" rating in a research note issued to investors on Monday, The Fly reports.

Other analysts also recently issued reports about the stock. Raymond James raised shares of Enbridge from a "market perform" rating to an "outperform" rating in a report on Monday, September 12th. Scotiabank dropped their price objective on shares of Enbridge from C$62.00 to C$56.00 in a research note on Thursday, October 20th. Industrial Alliance Securities upgraded shares of Enbridge from a "hold" rating to a "buy" rating and set a C$60.00 price objective for the company in a research note on Wednesday, August 3rd. US Capital Advisors cut shares of Enbridge from an "overweight" rating to a "hold" rating in a research note on Tuesday, July 26th. Finally, StockNews.com started coverage on shares of Enbridge in a research report on Wednesday, October 12th. They set a "hold" rating for the company. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $60.22. Read more …

 


Bank of America downgraded shares of Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) from a buy rating to a neutral rating in a research note issued to investors on Tuesday, Marketbeat reports. They currently have $55.00 price objective on the business services provider’s stock, down from their prior price objective of $74.00.

Other analysts have also issued reports about the company. National Bankshares boosted their target price on Ritchie Bros. Auctioneers from $56.00 to $60.00 and gave the company an underperform rating in a research report on Monday, August 8th. Barrington Research raised Ritchie Bros. Auctioneers from a market perform rating to an outperform rating in a report on Monday. StockNews.com assumed coverage on Ritchie Bros. Auctioneers in a report on Wednesday, October 12th. They set a buy rating for the company. Raymond James boosted their price objective on Ritchie Bros. Auctioneers from $60.00 to $62.00 and gave the stock a market perform rating in a report on Monday, August 8th. Finally, National Bank Financial raised Ritchie Bros. Auctioneers from an underperform rating to a sector perform rating in a report on Monday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Ritchie Bros. Auctioneers has a consensus rating of Hold and an average price target of $59.00. Read more …

 


Williams-Sonoma (NYSE:WSM) was downgraded by equities research analysts at Wedbush from an "outperform" rating to a "neutral" rating in a research note issued to investors on Tuesday, The Fly reports.

Several other analysts have also recently issued reports on WSM. Telsey Advisory Group upped their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company an "outperform" rating in a report on Thursday, August 25th. Royal Bank of Canada upped their target price on shares of Williams-Sonoma from $185.00 to $192.00 in a research note on Thursday, August 25th. UBS Group reiterated a "sell" rating and issued a $110.00 price target on shares of Williams-Sonoma in a research note on Friday, September 23rd. Barclays increased their target price on Williams-Sonoma from $173.00 to $192.00 and gave the stock an "overweight" rating in a report on Thursday, August 25th. Finally, Morgan Stanley boosted their price target on Williams-Sonoma from $140.00 to $150.00 and gave the company an "equal weight" rating in a report on Monday, August 29th. Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Williams-Sonoma has a consensus rating of "Hold" and an average price target of $162.81. Read more …

 

 


Tyson Foods (NYSE:TSN) was downgraded by equities research analysts at Bank of America from a "neutral" rating to an "underperform" rating in a research note issued to investors on Wednesday, The Fly reports. They currently have a $61.00 price target on the stock, down from their previous price target of $73.00. Bank of America's price target suggests a potential downside of 9.94% from the stock's current price.

A number of other research firms have also commented on TSN. StockNews.com lowered Tyson Foods from a "buy" rating to a "hold" rating in a report on Wednesday, November 2nd. The Goldman Sachs Group cut their price target on Tyson Foods from $111.00 to $97.00 and set a "buy" rating for the company in a report on Monday. Stephens cut their price target on Tyson Foods from $100.00 to $95.00 and set an "overweight" rating for the company in a report on Tuesday, August 9th. Sanford C. Bernstein cut their price target on Tyson Foods to $101.00 in a report on Monday, August 15th. Finally, Argus downgraded Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, September 13th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $88.00. Read more …

 


Hanesbrands (NYSE:HBI) was downgraded by research analysts at Credit Suisse Group from an “outperform” rating to a “neutral” rating in a report issued on Wednesday, Marketbeat.com reports. They presently have a $7.00 price objective on the textile maker’s stock, down from their previous price objective of $10.00. Credit Suisse Group’s price target would suggest a potential upside of 2.94% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. StockNews.com initiated coverage on Hanesbrands in a report on Wednesday, October 12th. They set a “sell” rating for the company. B. Riley decreased their target price on Hanesbrands from $18.00 to $14.00 and set a “buy” rating for the company in a report on Friday, August 12th. UBS Group decreased their price target on Hanesbrands from $14.00 to $12.00 in a report on Friday, July 15th. CL King decreased their price target on Hanesbrands from $17.00 to $15.00 in a report on Friday, August 12th. Finally, Evercore ISI cut Hanesbrands from an “outperform” rating to an “in-line” rating and dropped their price target for the stock from $18.00 to $12.00 in a research report on Wednesday, July 13th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.40. Read more …

 


Altria Group (NYSE:MO) was downgraded by UBS Group from a "neutral" rating to a "sell" rating in a research note issued on Thursday, Briefing.com reports. They currently have a $38.00 price objective on the stock. UBS Group's price objective would suggest a potential downside of 15.95% from the company's current price.

Several other research analysts have also weighed in on the stock. Cowen upped their price objective on shares of Altria Group to $47.00 in a research note on Tuesday, November 1st. Stifel Nicolaus reiterated a "buy" rating and issued a $50.00 price objective on shares of Altria Group in a research note on Monday, October 31st. Finally, StockNews.com raised shares of Altria Group from a "hold" rating to a "buy" rating in a research report on Saturday, October 29th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $46.64. Read more …

 

 


L3Harris Technologies (NYSE:LHX) was downgraded by stock analysts at Bank of America from a "buy" rating to a "neutral" rating in a research report issued on Friday, Briefing.com reports. They currently have a $250.00 price target on the stock, down from their previous price target of $285.00. Bank of America's price objective points to a potential upside of 4.45% from the stock's previous close.

LHX has been the topic of several other research reports. Robert W. Baird decreased their price target on shares of L3Harris Technologies from $332.00 to $290.00 and set an "outperform" rating on the stock in a report on Monday, October 31st. TheStreet raised L3Harris Technologies from a "c" rating to a "b-" rating in a research note on Friday, October 21st. Raymond James cut L3Harris Technologies from an "outperform" rating to a "market perform" rating in a research note on Friday, October 28th. Royal Bank of Canada assumed coverage on shares of L3Harris Technologies in a research report on Monday, August 29th. They set an "outperform" rating and a $285.00 price target for the company. Finally, Wells Fargo & Company lowered shares of L3Harris Technologies from an "overweight" rating to an "equal weight" rating and set a $238.00 price target for the company. in a research report on Wednesday, September 28th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $269.42. Read more …

 


Freeport-McMoRan (NYSE:FCX) was downgraded by Scotiabank from a "sector outperform" rating to a "sector perform" rating in a research report issued on Friday, The Fly reports. They currently have a $34.00 price target on the natural resource company's stock. Scotiabank's price objective suggests a potential downside of 13.02% from the stock's previous close. The analysts noted that the move was a valuation call.

A number of other equities analysts also recently commented on FCX. Raymond James cut their price objective on Freeport-McMoRan from $40.00 to $35.00 and set an "outperform" rating on the stock in a report on Friday, October 21st. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Freeport-McMoRan from $35.00 to $30.00 and set a "hold" rating on the stock in a research report on Wednesday, October 5th. Barclays reduced their target price on shares of Freeport-McMoRan to $23.00 in a research report on Thursday, October 20th. The Goldman Sachs Group cut their price target on shares of Freeport-McMoRan from $45.00 to $39.00 and set a "buy" rating on the stock in a report on Thursday, October 13th. Finally, Citigroup upped their price target on shares of Freeport-McMoRan from $28.00 to $29.00 in a report on Friday, July 22nd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $37.73. Read more …

 

 


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