Notable Analyst Upgrades and Downgrades for Week of December 19 2022



 

Upgrades:

 


Stifel Nicolaus upgraded shares of Pentair (NYSE:PNR) from a hold rating to a buy rating in a report published on Monday morning, Marketbeat Ratings reports. Stifel Nicolaus currently has $57.00 price objective on the industrial products company’s stock, up from their previous price objective of $46.00.

A number of other research analysts have also issued reports on PNR. Morgan Stanley boosted their price target on Pentair from $38.00 to $39.00 and gave the stock an underweight rating in a research report on Wednesday, October 26th. Barclays raised Pentair from an equal weight rating to an overweight rating and upped their price target for the company from $48.00 to $55.00 in a research report on Thursday, December 1st. JPMorgan Chase & Co. started coverage on Pentair in a research note on Wednesday, October 26th. They issued a neutral rating and a $42.00 target price on the stock. Royal Bank of Canada lowered their target price on Pentair from $50.00 to $47.00 and set a sector perform rating on the stock in a research note on Wednesday, October 26th. Finally, Citigroup decreased their price target on Pentair from $56.00 to $54.00 and set a buy rating for the company in a research note on Friday, December 9th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, Pentair presently has an average rating of Hold and an average target price of $52.30. Read more …

 


Verizon Communications (NYSE:VZ) was upgraded by equities research analysts at Moffett Nathanson from an "underperform" rating to a "market perform" rating in a report released on Monday, Marketbeat reports. The brokerage currently has a $41.00 target price on the cell phone carrier's stock. Moffett Nathanson's price objective points to a potential upside of 10.45% from the company's current price.

Other research analysts have also recently issued reports about the company. Royal Bank of Canada lowered their price target on Verizon Communications from $50.00 to $42.00 and set a "sector perform" rating on the stock in a report on Monday, October 24th. Oppenheimer upgraded shares of Verizon Communications from a "market perform" rating to an "outperform" rating and set a $50.00 target price for the company in a research report on Thursday, October 6th. Wells Fargo & Company reduced their price target on shares of Verizon Communications from $48.00 to $40.00 and set an "equal weight" rating on the stock in a report on Friday, October 7th. Cowen dropped their price objective on shares of Verizon Communications from $64.00 to $55.00 and set an "outperform" rating for the company in a report on Monday, October 24th. Finally, StockNews.com raised Verizon Communications from a "hold" rating to a "buy" rating in a report on Thursday, October 13th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $48.55. Read more …

 


J. M. Smucker (NYSE:SJM) was upgraded by equities researchers at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a research report issued on Tuesday, The Fly reports.

Several other equities analysts have also issued reports on SJM. UBS Group boosted their price target on shares of J. M. Smucker to $128.00 in a report on Monday, November 21st. Stifel Nicolaus boosted their price target on shares of J. M. Smucker from $148.00 to $155.00 in a report on Thursday, December 15th. StockNews.com assumed coverage on shares of J. M. Smucker in a report on Wednesday, October 12th. They issued a "hold" rating for the company. Credit Suisse Group upped their target price on shares of J. M. Smucker from $145.00 to $165.00 in a research note on Thursday, December 15th. Finally, Exane BNP Paribas assumed coverage on shares of J. M. Smucker in a research note on Tuesday, November 15th. They issued an "underperform" rating for the company. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, J. M. Smucker currently has an average rating of "Hold" and a consensus price target of $144.70. Read more …

 

 


Union Pacific (NYSE:UNP) was upgraded by investment analysts at Evercore ISI to an "outperform" rating in a note issued to investors on Tuesday, The Fly reports.

A number of other equities analysts have also commented on UNP. Raymond James cut their price objective on shares of Union Pacific from $230.00 to $220.00 and set a "strong-buy" rating for the company in a research report on Friday, October 21st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Union Pacific from $216.00 to $238.00 in a research report on Monday, November 28th. Morgan Stanley dropped their target price on shares of Union Pacific from $187.00 to $177.00 and set an "equal weight" rating for the company in a research report on Friday, October 21st. Wells Fargo & Company dropped their target price on shares of Union Pacific from $210.00 to $205.00 and set an "equal weight" rating for the company in a research report on Friday, October 21st. Finally, Benchmark dropped their target price on shares of Union Pacific to $220.00 in a research report on Thursday, October 13th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $222.28. Read more …

 


Toro (NYSE:TTC) was upgraded by investment analysts at Raymond James from a "market perform" rating to an "outperform" rating in a research report issued to clients and investors on Friday, The Fly reports.

Other equities research analysts also recently issued reports about the company. Northcoast Research upgraded Toro from a "neutral" rating to a "buy" rating in a report on Tuesday, September 6th. StockNews.com downgraded Toro from a "buy" rating to a "hold" rating in a research note on Wednesday, December 7th. Finally, Robert W. Baird cut their price target on Toro from $120.00 to $116.00 in a research note on Thursday.

NYSE TTC opened at $111.15 on Friday. Toro has a one year low of $71.86 and a one year high of $115.57. The stock has a 50-day moving average of $107.53 and a 200 day moving average of $92.71. The company has a market capitalization of $11.58 billion, a price-to-earnings ratio of 26.40 and a beta of 0.76. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.66 and a current ratio of 1.58. Read more …

 

 

Downgrades:

 


Baxter International (NYSE:BAX) was downgraded by investment analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a report issued on Monday, The Fly reports.

BAX has been the topic of a number of other reports. KeyCorp reduced their price target on shares of Baxter International from $77.00 to $73.00 and set an "overweight" rating on the stock in a research note on Friday, October 28th. Barclays assumed coverage on shares of Baxter International in a research note on Monday, October 17th. They issued an "overweight" rating and a $64.00 price target on the stock. TheStreet downgraded shares of Baxter International from a "c" rating to a "d+" rating in a research note on Thursday, October 27th. Raymond James reduced their price target on shares of Baxter International from $66.00 to $61.00 and set an "outperform" rating on the stock in a research note on Friday, October 28th. Finally, StockNews.com started coverage on shares of Baxter International in a research note on Wednesday, October 12th. They issued a "hold" rating on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $68.87. Read more …

 

 


L3Harris Technologies (NYSE:LHX) was downgraded by research analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.

Other research analysts have also issued reports about the stock. Credit Suisse Group initiated coverage on shares of L3Harris Technologies in a research report on Tuesday, October 11th. They set an “outperform” rating and a $267.00 price target for the company. Morgan Stanley upgraded shares of L3Harris Technologies from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $263.00 to $278.00 in a research report on Thursday. Wolfe Research assumed coverage on shares of L3Harris Technologies in a research report on Monday, October 10th. They issued a “peer perform” rating for the company. Wells Fargo & Company lowered shares of L3Harris Technologies from an “overweight” rating to an “equal weight” rating and set a $238.00 target price for the company. in a research report on Wednesday, September 28th. Finally, Citigroup assumed coverage on shares of L3Harris Technologies in a research report on Thursday, December 8th. They issued a “neutral” rating and a $250.00 target price for the company. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $270.23. Read more …

 


Waste Management (NYSE:WM) was downgraded by equities researchers at Stifel Nicolaus from a "buy" rating to a "hold" rating in a note issued to investors on Monday, The Fly reports. They presently have a $171.00 price objective on the business services provider's stock, down from their previous price objective of $185.00. Stifel Nicolaus' price target would indicate a potential upside of 5.69% from the company's current price.

A number of other equities research analysts have also recently commented on the company. Oppenheimer decreased their price objective on Waste Management to $169.00 in a research note on Thursday, October 20th. StockNews.com cut Waste Management from a "strong-buy" rating to a "buy" rating in a research note on Thursday. Raymond James decreased their price objective on Waste Management from $173.00 to $170.00 and set an "outperform" rating for the company in a research note on Tuesday, October 25th. Jefferies Financial Group upgraded Waste Management from a "hold" rating to a "buy" rating and lifted their target price for the stock from $170.00 to $191.00 in a report on Tuesday, October 25th. Finally, Morgan Stanley reduced their target price on Waste Management from $180.00 to $177.00 and set an "equal weight" rating on the stock in a report on Thursday, October 27th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $170.78. Read more …

 


Xylem (NYSE:XYL) was downgraded by investment analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating in a note issued to investors on Monday, The Fly reports.

Other analysts have also issued research reports about the company. TheStreet lowered Xylem from a "b-" rating to a "c" rating in a report on Tuesday, November 1st. Cowen increased their target price on Xylem from $105.00 to $115.00 in a research note on Wednesday, November 2nd. Royal Bank of Canada increased their target price on Xylem from $105.00 to $114.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 2nd. Atlantic Securities upgraded Xylem from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $110.00 to $129.00 in a research note on Wednesday, November 16th. Finally, Morgan Stanley increased their target price on Xylem from $100.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, November 3rd. Eighth research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $109.70. Read more …

 

 


Credit Suisse Group assumed coverage on shares of Home Depot (NYSE:HD) in a research report issued on Tuesday, FinViz reports. The firm set a "neutral" rating and a $335.00 price target on the home improvement retailer's stock. Credit Suisse Group's price objective suggests a potential upside of 6.10% from the company's current price.

A number of other research firms have also recently issued reports on HD. JPMorgan Chase & Co. cut their price objective on Home Depot from $347.00 to $300.00 in a research report on Friday, November 11th. Exane BNP Paribas cut shares of Home Depot from an "outperform" rating to a "neutral" rating and set a $286.00 price objective for the company. in a research report on Wednesday, October 19th. Sanford C. Bernstein started coverage on shares of Home Depot in a research report on Tuesday, December 6th. They issued a "market perform" rating and a $337.00 price objective on the stock. Wedbush reduced their price objective on Home Depot to $280.00 in a report on Wednesday, November 16th. Finally, TheStreet upgraded Home Depot from a "c+" rating to a "b" rating in a research note on Tuesday, November 15th. Nine equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat, Home Depot currently has a consensus rating of "Moderate Buy" and a consensus target price of $341.24. Read more …

 


Target (NYSE:TGT) was downgraded by stock analysts at Gordon Haskett from a "buy" rating to a "hold" rating in a report released on Wednesday, The Fly reports. They currently have a $132.00 target price on the retailer's stock. Gordon Haskett's price objective points to a potential downside of 7.85% from the company's previous close.

Several other brokerages also recently commented on TGT. Royal Bank of Canada lowered their target price on Target from $223.00 to $206.00 and set an "outperform" rating for the company in a research note on Thursday, November 17th. Credit Suisse Group downgraded Target from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $165.00 to $160.00 in a research note on Tuesday. Robert W. Baird lowered their target price on Target from $190.00 to $180.00 and set an "outperform" rating for the company in a research note on Thursday, November 17th. Telsey Advisory Group lowered their target price on Target from $185.00 to $175.00 and set an "outperform" rating for the company in a research note on Thursday, November 17th. Finally, KeyCorp lowered their target price on Target from $200.00 to $180.00 and set an "overweight" rating for the company in a research note on Thursday, November 17th. Eleven equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $182.64. Read more …

 


Starbucks (NASDAQ:SBUX) was downgraded by research analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research note issued to investors on Wednesday, The Fly reports.

SBUX has been the topic of several other research reports. StockNews.com downgraded Starbucks from a "buy" rating to a "hold" rating in a research note on Saturday, November 12th. Sanford C. Bernstein initiated coverage on Starbucks in a research note on Wednesday, September 7th. They set a "market perform" rating and a $94.00 target price on the stock. Fubon Bank upgraded Starbucks from a "neutral" rating to a "buy" rating and set a $103.00 target price on the stock in a research note on Wednesday, September 14th. Credit Suisse Group increased their target price on Starbucks from $103.00 to $105.00 and gave the company an "outperform" rating in a research note on Friday, November 4th. Finally, Robert W. Baird increased their target price on Starbucks from $86.00 to $94.00 and gave the company a "neutral" rating in a research note on Wednesday, September 14th. Fifteen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $100.26. Read more …

 

 


Jefferies Financial Group (NYSE:JEF) was downgraded by research analysts at Keefe, Bruyette & Woods from an "outperform" rating to a "market perform" rating in a research report issued on Wednesday, The Fly reports.

JEF has been the subject of several other reports. Oppenheimer cut their target price on shares of Jefferies Financial Group to $46.00 in a research report on Wednesday, October 5th. StockNews.com began coverage on Jefferies Financial Group in a report on Wednesday, October 12th. They issued a "hold" rating on the stock. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $37.25.

Shares of JEF traded up $0.47 during mid-day trading on Wednesday, reaching $35.67. 797,090 shares of the stock traded hands, compared to its average volume of 1,492,101. The firm has a fifty day moving average price of $35.23 and a 200 day moving average price of $32.44. The company has a market cap of $8.16 billion, a price-to-earnings ratio of 9.75 and a beta of 1.39. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.96. Jefferies Financial Group has a 1 year low of $25.88 and a 1 year high of $41.49. Read more …

  



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