Notable Analyst Upgrades and Downgrades for Week of February 6 2023

 


 

Upgrades:



UBS Group upgraded shares of Essential Utilities (NYSE:WTRG) from a neutral rating to a buy rating in a report published on Monday, MarketBeat reports. UBS Group currently has $55.00 price target on the stock, up from their previous price target of $54.00.

WTRG has been the topic of several other reports. Wells Fargo & Company boosted their price target on Essential Utilities to $53.00 in a report on Wednesday, December 14th. Evercore ISI lowered their target price on shares of Essential Utilities to $44.00 in a research note on Thursday, October 20th. Finally, StockNews.com upgraded shares of Essential Utilities from a sell rating to a hold rating in a report on Wednesday, December 28th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average price target of $52.29. Read more ...



Atlantic Securities upgraded shares of Church & Dwight (NYSE:CHD) from an underweight rating to a neutral rating in a research note issued to investors on Monday, Marketbeat Ratings reports. Atlantic Securities currently has $80.00 price target on the stock.

Other equities analysts have also issued research reports about the stock. Argus upgraded shares of Church & Dwight from a hold rating to a buy rating and set a $78.00 price objective for the company in a research report on Monday, November 7th. Morgan Stanley upgraded shares of Church & Dwight from an equal weight rating to an overweight rating and raised their target price for the stock from $82.00 to $91.00 in a report on Tuesday, January 17th. StockNews.com began coverage on shares of Church & Dwight in a report on Wednesday, October 12th. They issued a hold rating for the company. The Goldman Sachs Group lowered their target price on shares of Church & Dwight from $93.00 to $83.00 and set a neutral rating for the company in a report on Monday, October 10th. Finally, Royal Bank of Canada lowered their target price on shares of Church & Dwight from $85.00 to $83.00 and set a sector perform rating for the company in a report on Tuesday, January 31st. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of Hold and a consensus price target of $88.00. Read more …



Credit Suisse Group upgraded shares of Lockheed Martin (NYSE:LMT) from an underperform rating to an outperform rating in a report issued on Monday morning, The Fly reports.

A number of other brokerages also recently commented on LMT. Wells Fargo & Company boosted their price objective on shares of Lockheed Martin from $417.00 to $422.00 and gave the stock an underweight rating in a research note on Wednesday, January 25th. Vertical Research downgraded shares of Lockheed Martin from a buy rating to a hold rating and set a $491.00 price objective for the company. in a research note on Friday, January 6th. Citigroup assumed coverage on Lockheed Martin in a research report on Thursday, December 8th. They set a buy rating and a $546.00 price target on the stock. Morgan Stanley lowered their price objective on Lockheed Martin from $542.00 to $532.00 and set an equal weight rating for the company in a research report on Wednesday, January 25th. Finally, Robert W. Baird raised Lockheed Martin from a neutral rating to an outperform rating and set a $513.00 target price on the stock in a research report on Wednesday, October 19th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of Hold and a consensus target price of $482.07. Read more …




Daiwa Capital Markets upgraded shares of Pfizer (NYSE:PFE) from a neutral rating to an outperform rating in a research note published on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has $51.00 price target on the biopharmaceutical company’s stock.

A number of other research analysts also recently issued reports on the stock. SVB Leerink dropped their target price on shares of Pfizer from $49.00 to $48.00 and set a market perform rating on the stock in a research report on Wednesday, February 1st. Credit Suisse Group dropped their target price on shares of Pfizer from $54.00 to $50.00 and set an outperform rating on the stock in a research report on Wednesday, February 1st. Barclays dropped their target price on shares of Pfizer from $49.00 to $44.00 and set an equal weight rating on the stock in a research report on Wednesday, February 1st. BMO Capital Markets dropped their target price on shares of Pfizer from $55.00 to $53.00 and set an outperform rating on the stock in a research report on Wednesday, February 1st. Finally, UBS Group set a $45.00 target price on shares of Pfizer in a research report on Wednesday, February 1st. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of Hold and a consensus price target of $51.81. Read more …



Morgan Stanley upgraded shares of American Express (NYSE:AXP) from an equal weight rating to an overweight rating in a report released on Wednesday morning, Marketbeat.com reports. The brokerage currently has $186.00 price objective on the payment services company’s stock.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. dropped their price target on shares of American Express from $170.00 to $166.00 in a research report on Tuesday, January 10th. Atlantic Securities cut their price objective on American Express from $175.00 to $165.00 and set a neutral rating on the stock in a report on Wednesday, October 12th. Stephens downgraded American Express from an equal weight rating to an underweight rating and set a $134.00 price objective on the stock. in a report on Thursday, January 5th. Argus boosted their price objective on American Express from $180.00 to $210.00 in a report on Tuesday, January 31st. Finally, Barclays boosted their price objective on American Express from $158.00 to $178.00 and gave the stock an equal weight rating in a report on Monday, January 30th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and an average price target of $177.53. Read more …



J. M. Smucker (NYSE:SJM) was upgraded by equities researchers at UBS Group from a "sell" rating to a "neutral" rating in a report released on Friday, Briefing.com reports. The firm presently has a $155.00 target price on the stock, up from their prior target price of $132.00. UBS Group's price objective suggests a potential upside of 6.11% from the stock's previous close.

SJM has been the subject of a number of other research reports. Credit Suisse Group lifted their target price on shares of J. M. Smucker from $145.00 to $165.00 in a research report on Thursday, December 15th. Morgan Stanley raised J. M. Smucker from an "underweight" rating to an "equal weight" rating and raised their price target for the stock from $135.00 to $158.00 in a research report on Tuesday, December 20th. JPMorgan Chase & Co. boosted their price target on J. M. Smucker from $153.00 to $158.00 and gave the stock a "neutral" rating in a report on Tuesday, November 22nd. Stifel Nicolaus boosted their target price on shares of J. M. Smucker from $148.00 to $155.00 in a research note on Thursday, December 15th. Finally, Exane BNP Paribas started coverage on shares of J. M. Smucker in a report on Tuesday, November 15th. They issued an "underperform" rating on the stock. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $149.70. Read more …




Walmart (NYSE:WMT) was upgraded by equities researchers at Gordon Haskett from a "hold" rating to an "accumulate" rating in a research note issued on Friday, The Fly reports. The brokerage presently has a $155.00 price target on the retailer's stock, up from their prior price target of $145.00. Gordon Haskett's target price indicates a potential upside of 9.53% from the stock's previous close.

A number of other equities research analysts have also recently commented on the company. Credit Suisse Group reiterated an "outperform" rating and set a $170.00 target price (up previously from $160.00) on shares of Walmart in a report on Tuesday, December 20th. DA Davidson increased their target price on Walmart from $163.00 to $173.00 and gave the company a "buy" rating in a report on Wednesday, November 16th. JPMorgan Chase & Co. set a $155.00 target price on Walmart in a report on Wednesday, November 16th. UBS Group lowered their target price on Walmart from $170.00 to $168.00 and set a "buy" rating on the stock in a report on Friday, January 6th. Finally, Citigroup raised their price objective on Walmart from $162.00 to $169.00 in a report on Wednesday, November 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target of $161.30. Read more …



Tractor Supply (NASDAQ:TSCO) was upgraded by equities research analysts at Gordon Haskett from an "accumulate" rating to a "buy" rating in a research report issued on Friday, The Fly reports. The firm presently has a $255.00 price objective on the specialty retailer's stock, up from their previous price objective of $235.00. Gordon Haskett's price objective would indicate a potential upside of 9.09% from the stock's current price.

Other research analysts have also recently issued reports about the company. Wedbush raised their price objective on Tractor Supply from $200.00 to $230.00 and gave the stock a "neutral" rating in a research note on Friday, January 27th. Credit Suisse Group assumed coverage on Tractor Supply in a research note on Monday, December 19th. They issued an "outperform" rating and a $260.00 price objective for the company. Barclays assumed coverage on Tractor Supply in a research note on Tuesday. They issued an "overweight" rating and a $254.00 price objective for the company. Wells Fargo & Company raised their price objective on Tractor Supply from $250.00 to $255.00 and gave the stock an "overweight" rating in a research note on Monday, December 5th. Finally, Robert W. Baird reduced their price target on Tractor Supply from $250.00 to $240.00 and set an "outperform" rating for the company in a research report on Thursday, October 20th. Six equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Tractor Supply presently has an average rating of "Moderate Buy" and an average price target of $246.32. Read more ...



Downgrades:



Edward Jones cut shares of International Business Machines (NYSE:IBM) from a buy rating to a hold rating in a research report report published on Monday, MarketBeat.com reports.

Other equities analysts have also issued research reports about the company. Stifel Nicolaus raised their price objective on International Business Machines from $140.00 to $158.00 and gave the stock a buy rating in a research note on Monday, January 23rd. Citigroup raised their target price on International Business Machines from $140.00 to $145.00 and gave the company a neutral rating in a report on Thursday, January 26th. BMO Capital Markets raised their target price on International Business Machines from $148.00 to $155.00 and gave the company a market perform rating in a report on Thursday, January 26th. Morgan Stanley reduced their target price on International Business Machines from $148.00 to $143.00 in a report on Thursday, January 26th. Finally, Credit Suisse Group reduced their target price on International Business Machines from $158.00 to $155.00 and set an outperform rating on the stock in a report on Thursday, October 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of Hold and an average price target of $142.73. Read more …




Raymond James cut shares of National Fuel Gas (NYSE:NFG) from an outperform rating to a market perform rating in a research report sent to investors on Monday, MarketBeat.com reports.

NFG has been the subject of a number of other research reports. Scotiabank downgraded National Fuel Gas from a sector outperform rating to a sector perform rating and dropped their price objective for the company from $91.00 to $85.00 in a report on Tuesday, January 17th. StockNews.com assumed coverage on National Fuel Gas in a report on Wednesday, October 12th. They issued a hold rating for the company.

NFG stock opened at $58.48 on Monday. The company has a market cap of $5.37 billion, a P/E ratio of 8.94, a PEG ratio of 1.11 and a beta of 0.69. National Fuel Gas has a twelve month low of $56.47 and a twelve month high of $75.97. The company has a quick ratio of 0.52, a current ratio of 0.57 and a debt-to-equity ratio of 0.82. The business has a fifty day moving average of $61.72 and a 200-day moving average of $65.52. Read more …



The Goldman Sachs Group downgraded shares of Tyson Foods (NYSE:TSN) from a buy rating to a neutral rating in a report released on Monday, The Fly reports.

TSN has been the topic of several other reports. StockNews.com lowered shares of Tyson Foods from a buy rating to a hold rating in a research report on Friday, November 18th. Credit Suisse Group reduced their price objective on Tyson Foods to $75.00 in a report on Thursday, November 17th. JPMorgan Chase & Co. decreased their target price on Tyson Foods from $75.00 to $70.00 and set a neutral rating on the stock in a research report on Tuesday, November 15th. Bank of America cut Tyson Foods from a neutral rating to an underperform rating and dropped their price target for the company from $73.00 to $61.00 in a research report on Wednesday, November 9th. Finally, Piper Sandler lowered their price objective on shares of Tyson Foods from $68.00 to $65.00 and set a neutral rating on the stock in a research note on Wednesday, February 1st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Hold and a consensus target price of $74.67. Read more …



Black Hills (NYSE:BKH) was downgraded by equities research analysts at Scotiabank from a “sector outperform” rating to a “sector perform” rating in a note issued to investors on Wednesday, Marketbeat Ratings reports. They presently have a $67.00 price target on the utilities provider’s stock. Scotiabank’s target price would suggest a potential upside of 6.00% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Bank of America cut shares of Black Hills from a “buy” rating to a “neutral” rating and reduced their target price for the company from $87.00 to $66.00 in a research report on Thursday, October 13th. Wells Fargo & Company boosted their target price on shares of Black Hills from $65.00 to $71.00 in a research report on Wednesday, December 14th. Finally, StockNews.com raised shares of Black Hills from a “sell” rating to a “hold” rating in a research report on Saturday, December 17th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $67.17. Read more ...




Credit Suisse Group lowered shares of Enbridge (NYSE:ENB) (TSE:ENB) from a neutral rating to an underperform rating in a research report sent to investors on Wednesday morning, The Fly reports.

Other equities research analysts have also issued research reports about the stock. Scotiabank reduced their price target on shares of Enbridge from C$62.00 to C$56.00 in a research report on Thursday, October 20th. National Bank Financial upped their price target on shares of Enbridge from C$54.00 to C$56.00 in a research report on Friday, January 27th. StockNews.com began coverage on shares of Enbridge in a research report on Wednesday, October 12th. They set a hold rating for the company. BMO Capital Markets lowered shares of Enbridge from an outperform rating to a market perform rating in a research report on Tuesday, January 24th. Finally, Morgan Stanley reduced their price target on shares of Enbridge from C$67.00 to C$64.00 in a research report on Wednesday, October 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Hold and a consensus target price of $58.90. Read more …



Bank of America (NYSE:BAC) was downgraded by research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “underperform” rating in a report released on Wednesday, MarketBeat Ratings reports. They currently have a $33.00 target price on the financial services provider’s stock, down from their previous target price of $35.00. Keefe, Bruyette & Woods’ target price suggests a potential downside of 7.61% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Piper Sandler lowered Bank of America from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $36.00 to $33.00 in a research note on Tuesday, January 17th. JPMorgan Chase & Co. boosted their price objective on Bank of America from $35.50 to $39.00 in a report on Wednesday, November 2nd. Morgan Stanley decreased their target price on shares of 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. Oppenheimer boosted their price target on shares of Bank of America from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Thursday, February 2nd. Finally, Atlantic Securities lowered shares of Bank of America from an “overweight” rating to a “neutral” rating and set a $40.00 price objective for the company. in a research note on Tuesday, January 31st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $40.44. Read more …



Mizuho cut shares of Avista (NYSE:AVA) from a neutral rating to an underperform rating in a research report report published on Thursday, MarketBeat.com reports. Mizuho currently has $38.00 price target on the utilities provider’s stock, down from their previous price target of $45.00.

A number of other brokerages have also recently weighed in on AVA. StockNews.com cut Avista from a hold rating to a sell rating in a research report on Wednesday. Guggenheim dropped their price target on Avista from $34.00 to $33.00 in a research report on Monday, October 24th. Finally, KeyCorp cut Avista from a sector weight rating to an underweight rating and set a $33.00 price target for the company. in a research report on Tuesday, November 1st.

Shares of AVA stock opened at $39.42 on Thursday. Avista has a fifty-two week low of $35.72 and a fifty-two week high of $46.90. The stock has a market cap of $2.91 billion, a P/E ratio of 22.15, a P/E/G ratio of 3.38 and a beta of 0.51. The business has a fifty day simple moving average of $42.38 and a 200-day simple moving average of $41.03. The company has a quick ratio of 0.50, a current ratio of 0.68 and a debt-to-equity ratio of 1.04. Read more …




Dollar General (NYSE:DG) was downgraded by equities research analysts at Gordon Haskett from a "buy" rating to an "accumulate" rating in a report released on Friday, Briefing.com reports. They currently have a $245.00 price target on the stock, down from their prior price target of $275.00. Gordon Haskett's price target indicates a potential upside of 6.99% from the company's current price.

Several other research analysts have also recently weighed in on DG. Morgan Stanley reduced their price objective on Dollar General from $260.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, January 23rd. Credit Suisse Group assumed coverage on Dollar General in a research report on Monday, December 19th. They set a "neutral" rating and a $260.00 price objective for the company. JPMorgan Chase & Co. reaffirmed a "focus list" rating and set a $242.00 price objective (down from $289.00) on shares of Dollar General in a research report on Thursday, January 19th. StockNews.com cut Dollar General from a "buy" rating to a "hold" rating in a research report on Friday, January 20th. Finally, Evercore ISI reduced their price target on Dollar General to $265.00 in a research report on Friday, December 2nd. Six research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $264.44. Read more …



Archive of Upgrades and Downgrades


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