Notable Analyst Upgrades and Downgrades for Week of January 30 2023

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Upgrades:



Morgan Stanley upgraded shares of Colgate-Palmolive (NYSE:CL) from an equal weight rating to an overweight rating in a research note published on Monday, MarketBeat.com reports. Morgan Stanley currently has $82.00 price objective on the stock.

Several other research firms also recently weighed in on CL. JPMorgan Chase & Co. lifted their price target on shares of Colgate-Palmolive from $81.00 to $86.00 and gave the company an overweight rating in a research note on Friday, January 13th. The Goldman Sachs Group decreased their target price on shares of Colgate-Palmolive from $91.00 to $81.00 and set a buy rating on the stock in a report on Monday, October 10th. Credit Suisse Group decreased their target price on Colgate-Palmolive from $88.00 to $85.00 and set an outperform rating on the stock in a research note on Tuesday, October 18th. Barclays increased their price objective on Colgate-Palmolive from $72.00 to $76.00 and gave the company an equal weight rating in a report on Tuesday, November 1st. Finally, Wells Fargo & Company lifted their target price on shares of Colgate-Palmolive from $75.00 to $80.00 and gave the company an equal weight rating in a report on Tuesday, January 3rd. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and an average price target of $82.25. Read more ...



Lockheed Martin (NYSE:LMT) was upgraded by stock analysts at DZ Bank from a “hold” rating to a “buy” rating in a report released on Monday, Briefing.com reports. The firm currently has a $523.00 price objective on the aerospace company’s stock. DZ Bank’s price target indicates a potential upside of 13.79% from the company’s previous close.

A number of other research firms also recently issued reports on LMT. Susquehanna Bancshares dropped their price objective on shares of Lockheed Martin from $539.00 to $510.00 and set a “positive” rating on the stock in a research note on Wednesday, October 19th. Wells Fargo & Company increased their target price on Lockheed Martin from $417.00 to $422.00 and gave the company an “underweight” rating in a research report on Wednesday, January 25th. Morgan Stanley decreased their price objective on Lockheed Martin from $542.00 to $532.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 25th. Credit Suisse Group boosted their target price on shares of Lockheed Martin from $384.00 to $408.00 and gave the stock an “underperform” rating in a report on Wednesday, January 25th. Finally, The Goldman Sachs Group cut shares of Lockheed Martin from a “neutral” rating to a “sell” rating and lowered their price target for the company from $388.00 to $332.00 in a report on Friday, January 13th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $482.07. Read more …



Federal Realty Investment Trust (NYSE:FRT) was upgraded by analysts at Compass Point from a “neutral” rating to a “buy” rating in a report issued on Monday, The Fly reports. The brokerage currently has a $125.00 target price on the real estate investment trust’s stock. Compass Point’s price objective points to a potential upside of 12.23% from the stock’s current price.

FRT has been the subject of a number of other research reports. Mizuho cut their price objective on shares of Federal Realty Investment Trust from $125.00 to $109.00 and set a “buy” rating for the company in a report on Friday, November 11th. Raymond James cut their price objective on shares of Federal Realty Investment Trust from $130.00 to $120.00 and set a “strong-buy” rating for the company in a report on Wednesday, January 4th. JPMorgan Chase & Co. cut shares of Federal Realty Investment Trust from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $118.00 to $115.00 in a report on Friday, December 16th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Tuesday, January 10th. Finally, Evercore ISI cut their price objective on shares of Federal Realty Investment Trust to $104.00 in a report on Thursday, October 20th. Eight analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.53. Read more ...




LyondellBasell Industries (NYSE:LYB) was upgraded by equities researchers at Atlantic Securities from a “neutral” rating to an “overweight” rating in a report issued on Tuesday, Briefing.com reports. The brokerage currently has a $110.00 price objective on the specialty chemicals company’s stock. Atlantic Securities’ price target indicates a potential upside of 16.45% from the company’s previous close.

A number of other equities analysts have also commented on the stock. Morgan Stanley lowered their price target on shares of LyondellBasell Industries from $115.00 to $100.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 12th. KeyCorp boosted their target price on shares of LyondellBasell Industries from $65.00 to $83.00 and gave the stock an “underweight” rating in a research note on Thursday, January 12th. Citigroup raised their price objective on shares of LyondellBasell Industries from $80.00 to $92.00 in a report on Thursday, December 15th. Bank of America cut their target price on LyondellBasell Industries from $95.00 to $77.00 in a report on Tuesday, October 11th. Finally, Mizuho increased their price objective on shares of LyondellBasell Industries from $88.00 to $89.00 and gave the stock a “neutral” rating in a research report on Thursday, January 12th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $94.26. Read more ...



US Capital Advisors upgraded shares of Williams Companies (NYSE:WMB) from a hold rating to an overweight rating in a report released on Tuesday, The Fly reports.

A number of other research analysts also recently commented on the stock. Barclays downgraded shares of Williams Companies from an overweight rating to an equal weight rating and lifted their price objective for the company from $35.00 to $37.00 in a research report on Wednesday, January 18th. They noted that the move was a valuation call. Morgan Stanley raised their target price on shares of Williams Companies from $38.00 to $41.00 and gave the stock an equal weight rating in a research note on Monday, January 9th. StockNews.com initiated coverage on shares of Williams Companies in a research note on Wednesday, October 12th. They set a hold rating for the company. Wells Fargo & Company cut shares of Williams Companies from an overweight rating to an equal weight rating and cut their target price for the stock from $39.00 to $37.00 in a research note on Friday, December 16th. Finally, Citigroup initiated coverage on shares of Williams Companies in a research note on Thursday, December 8th. They set a neutral rating and a $36.00 target price for the company. One analyst has rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $37.09. Read more …



BMO Capital Markets upgraded shares of Magna International (NYSE:MGA) (TSE:MG) from a market perform rating to an outperform rating in a report published on Tuesday, The Fly reports.

Several other equities research analysts have also recently issued reports on the stock. Citigroup boosted their price objective on shares of Magna International from $62.00 to $66.00 in a research report on Friday, January 13th. The Goldman Sachs Group lowered their price objective on shares of Magna International from $77.00 to $66.00 and set a buy rating for the company in a research report on Tuesday, October 11th. TD Securities lowered shares of Magna International from a buy rating to a hold rating and reduced their price target for the company from $76.00 to $69.00 in a report on Wednesday, January 25th. Benchmark reduced their price target on shares of Magna International from $77.00 to $73.00 and set a buy rating for the company in a report on Tuesday, November 8th. Finally, Bank of America lowered shares of Magna International from a buy rating to a neutral rating and reduced their price target for the company from $102.00 to $72.00 in a report on Monday, January 9th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of Hold and a consensus target price of $68.62. Read more …




CIBC upgraded shares of TC Energy (NYSE:TRP) (TSE:TRP) from a neutral rating to an outperform rating in a research note released on Wednesday, The Fly reports.

A number of other research analysts also recently commented on TRP. Wells Fargo & Company downgraded TC Energy from an equal weight rating to an underweight rating in a research report on Friday, December 16th. National Bank Financial lowered their price target on TC Energy from C$58.00 to C$56.00 in a research report on Friday, January 27th. Barclays lowered their price target on TC Energy from C$67.00 to C$65.00 in a research report on Wednesday, October 19th. BMO Capital Markets lowered their price target on TC Energy from C$70.00 to C$68.00 in a research report on Wednesday, November 30th. Finally, StockNews.com started coverage on TC Energy in a research report on Wednesday, October 12th. They issued a hold rating for the company. Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of $67.55. Read more ...



FedEx (NYSE:FDX) was upgraded by investment analysts at Citigroup from a “neutral” rating to a “buy” rating in a report released on Thursday, Briefing.com reports. The firm currently has a $240.00 price target on the shipping service provider’s stock, up from their previous price target of $190.00. Citigroup’s target price would suggest a potential upside of 18.75% from the stock’s previous close.

Several other equities research analysts also recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of FedEx from $160.00 to $185.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 13th. UBS Group set a $215.00 price objective on FedEx in a research note on Tuesday, January 3rd. Credit Suisse Group set a $238.00 target price on FedEx in a research note on Wednesday, January 11th. JPMorgan Chase & Co. set a $179.00 price target on FedEx in a research report on Monday, January 2nd. Finally, Susquehanna boosted their price objective on FedEx from $165.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 21st. Eleven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $209.72. Read more …



Downgrades:



Eastman Chemical (NYSE:EMN) was downgraded by stock analysts at Scotiabank from a “sector outperform” rating to a “sector perform” rating in a report issued on Monday, The Fly reports. They presently have a $90.00 price target on the basic materials company’s stock, down from their previous price target of $100.00. Scotiabank’s target price points to a potential upside of 4.08% from the company’s previous close.

EMN has been the topic of a number of other reports. TheStreet downgraded Eastman Chemical from a “b-” rating to a “c+” rating in a report on Tuesday, October 11th. Citigroup lifted their price target on Eastman Chemical from $75.00 to $90.00 and gave the company a “neutral” rating in a report on Thursday, December 15th. Mizuho cut their price target on Eastman Chemical from $88.00 to $85.00 and set a “neutral” rating on the stock in a report on Thursday, January 12th. Wells Fargo & Company cut their price target on Eastman Chemical from $95.00 to $80.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 18th. Finally, The Goldman Sachs Group lifted their price target on Eastman Chemical from $78.00 to $89.00 and gave the company a “neutral” rating in a report on Thursday, December 15th. Thirteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $99.18. Read more …



Bank of America (NYSE:BAC) was downgraded by research analysts at Atlantic Securities from an “overweight” rating to a “neutral” rating in a note issued to investors on Tuesday, Briefing.com reports. They currently have a $40.00 price target on the financial services provider’s stock. Atlantic Securities’ price target indicates a potential upside of 13.31% from the stock’s current price.

Several other equities analysts also recently commented on BAC. StockNews.com began coverage on shares of Bank of America in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Oppenheimer decreased their price target on shares of Bank of America from $51.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, January 17th. Barclays cut their price objective on Bank of America from $51.00 to $48.00 and set an “overweight” rating for the company in a research report on Tuesday, January 3rd. Morgan Stanley cut their price target on Bank of America from $38.00 to $37.00 and set an “equal weight” rating for the company in a report on Thursday, December 15th. Finally, JPMorgan Chase & Co. upped their target price on shares of Bank of America from $35.50 to $39.00 in a research note on Wednesday, November 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $40.70. Read more …




Wells Fargo & Company lowered shares of Edison International (NYSE:EIX) from an overweight rating to an equal weight rating in a research note released on Wednesday morning, MarketBeat reports. Wells Fargo & Company currently has $73.00 price target on the utilities provider’s stock, down from their previous price target of $76.00.

A number of other equities research analysts have also weighed in on EIX. JPMorgan Chase & Co. reduced their price objective on Edison International from $74.00 to $70.00 and set a neutral rating on the stock in a research report on Tuesday, October 25th. Morgan Stanley boosted their price objective on Edison International from $58.00 to $59.00 and gave the company an underweight rating in a research note on Monday, January 23rd. Guggenheim decreased their target price on Edison International from $82.00 to $66.00 in a research report on Monday, October 24th. UBS Group raised Edison International from a neutral rating to a buy rating and boosted their target price for the company from $69.00 to $75.00 in a research report on Tuesday, January 3rd. Finally, StockNews.com lowered Edison International from a hold rating to a sell rating in a report on Friday, December 23rd. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of $68.82. Read more ...



Wells Fargo & Company downgraded shares of American Electric Power (NASDAQ:AEP) from an overweight rating to an equal weight rating in a report released on Wednesday, Marketbeat Ratings reports. They currently have $99.00 target price on the stock, down from their prior target price of $108.00.

Several other equities analysts have also recently issued reports on the company. StockNews.com assumed coverage on American Electric Power in a report on Wednesday, October 12th. They set a hold rating for the company. BMO Capital Markets raised their price target on American Electric Power from $95.00 to $105.00 and gave the stock an outperform rating in a research report on Friday, December 16th. Mizuho dropped their price target on American Electric Power from $104.00 to $101.00 and set a buy rating for the company in a research report on Friday, December 16th. Credit Suisse Group raised their price target on American Electric Power from $87.00 to $100.00 and gave the stock an outperform rating in a research report on Friday, December 16th. Finally, Morgan Stanley raised their price target on American Electric Power from $104.00 to $110.00 and gave the stock an overweight rating in a research report on Thursday, December 15th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, American Electric Power has a consensus rating of Moderate Buy and a consensus price target of $101.00. Read more …



Archive of Upgrades and Downgrades


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