February 18, 2023

Notable Analyst Upgrades and Downgrades for Week of February 13 2023

 


 

Upgrades:



Deutsche Bank Aktiengesellschaft upgraded shares of Masco (NYSE:MAS) from a sell rating to a hold rating in a research note published on Monday morning, The Fly reports. They currently have $56.00 price objective on the construction company’s stock, up from their previous price objective of $43.00.

Other equities analysts also recently issued research reports about the company. The Goldman Sachs Group cut their target price on Masco to $57.00 in a research report on Monday, November 21st. Truist Financial cut their price objective on Masco from $70.00 to $60.00 in a research report on Thursday, October 27th. StockNews.com downgraded Masco from a buy rating to a hold rating in a research report on Wednesday, January 11th. Barclays upped their price objective on Masco from $58.00 to $61.00 in a research report on Wednesday, December 14th. Finally, BMO Capital Markets cut their price objective on Masco from $60.00 to $55.00 and set a market perform rating on the stock in a research report on Thursday, October 27th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of $57.64. Read more …



Argus upgraded shares of Sonoco Products (NYSE:SON) from a hold rating to a buy rating in a research report released on Tuesday, MarketBeat.com reports. Argus currently has $67.00 price target on the industrial products company’s stock. The analysts noted that the move was a valuation call.

A number of other brokerages also recently weighed in on SON. Wells Fargo & Company lowered their target price on shares of Sonoco Products from $67.00 to $64.00 and set an equal weight rating on the stock in a report on Wednesday, November 2nd. BMO Capital Markets downgraded shares of Sonoco Products from a market perform rating to an underperform rating and lowered their target price for the stock from $65.00 to $58.00 in a report on Sunday, October 30th. StockNews.com downgraded shares of Sonoco Products from a buy rating to a hold rating in a report on Wednesday, February 8th. Citigroup upped their price objective on shares of Sonoco Products from $70.00 to $71.00 in a report on Wednesday, January 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Sonoco Products from $65.00 to $61.00 in a report on Wednesday, November 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $65.83. Read more …



Royal Bank of Canada upgraded shares of Ecolab (NYSE:ECL) from a sector perform rating to an outperform rating in a report issued on Wednesday, MarketBeat reports. Royal Bank of Canada currently has $185.00 price target on the basic materials company’s stock, up from their previous price target of $155.00.

ECL has been the topic of several other reports. Deutsche Bank Aktiengesellschaft cut shares of Ecolab from a buy rating to a hold rating and dropped their target price for the stock from $165.00 to $135.00 in a report on Wednesday, November 2nd. Citigroup increased their target price on shares of Ecolab from $146.00 to $164.00 and gave the stock a neutral rating in a report on Thursday, December 15th. BMO Capital Markets dropped their target price on shares of Ecolab from $169.00 to $143.00 and set a market perform rating on the stock in a report on Thursday, November 3rd. JPMorgan Chase & Co. increased their target price on shares of Ecolab from $175.00 to $180.00 in a report on Friday, December 9th. Finally, Credit Suisse Group dropped their target price on shares of Ecolab from $175.00 to $170.00 and set an outperform rating on the stock in a report on Monday, November 7th. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average price target of $173.00. Read more …




Piper Sandler upgraded shares of U.S. Bancorp (NYSE:USB) from a neutral rating to an overweight rating in a report issued on Wednesday morning, Marketbeat reports. The brokerage currently has $57.00 target price on the financial services provider’s stock, up from their prior target price of $53.00.

A number of other research analysts also recently weighed in on USB. JPMorgan Chase & Co. increased their target price on U.S. Bancorp from $46.00 to $47.00 in a report on Wednesday, November 2nd. Oppenheimer raised their price objective on U.S. Bancorp from $74.00 to $77.00 and gave the stock an outperform rating in a research note on Thursday, February 2nd. StockNews.com cut U.S. Bancorp from a hold rating to a sell rating in a research report on Thursday, January 26th. DA Davidson began coverage on U.S. Bancorp in a research report on Tuesday, December 20th. They set a neutral rating and a $47.00 target price for the company. Finally, Keefe, Bruyette & Woods upgraded U.S. Bancorp from a market perform rating to an outperform rating and increased their target price for the stock from $52.00 to $58.00 in a research report on Monday, December 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of Hold and an average target price of $55.06. Read more ...



Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by KeyCorp from a “sector perform” rating to an “outperform” rating in a research report issued on Thursday, BayStreet.CA reports. KeyCorp also issued estimates for Restaurant Brands International’s Q2 2023 earnings at $1.02 EPS, Q1 2024 earnings at $0.99 EPS, Q2 2024 earnings at $1.15 EPS, Q3 2024 earnings at $1.22 EPS, Q4 2024 earnings at $1.13 EPS and FY2024 earnings at $4.49 EPS.

Other analysts have also recently issued reports about the company. Royal Bank of Canada reduced their price target on Restaurant Brands International from C$83.00 to C$81.00 and set an “outperform” rating on the stock in a report on Thursday. Barclays boosted their price target on Restaurant Brands International from C$65.00 to C$68.00 in a research note on Friday, November 4th. Cfra boosted their price target on Restaurant Brands International from C$90.00 to C$93.00 in a research note on Wednesday. Finally, Oppenheimer reaffirmed a “buy” rating and set a C$81.00 target price on shares of Restaurant Brands International in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$70.43. Read more …



Scotts Miracle-Gro (NYSE:SMG) was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a report issued on Thursday, The Fly reports. The firm currently has a $100.00 target price on the basic materials company’s stock, up from their prior target price of $75.00. Wells Fargo & Company‘s target price suggests a potential upside of 16.33% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus decreased their target price on Scotts Miracle-Gro from $75.00 to $48.00 in a research report on Thursday, October 27th. JPMorgan Chase & Co. lifted their price objective on Scotts Miracle-Gro from $45.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, February 2nd. Barclays lifted their price objective on Scotts Miracle-Gro from $75.00 to $90.00 and gave the company an “overweight” rating in a report on Tuesday, January 31st. Raymond James lifted their price objective on Scotts Miracle-Gro from $56.00 to $92.00 and gave the company a “strong-buy” rating in a report on Thursday, February 2nd. Finally, Truist Financial lifted their price objective on Scotts Miracle-Gro from $50.00 to $70.00 and gave the company a “hold” rating in a report on Thursday, February 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $80.86. Read more …




Cisco Systems (NASDAQ:CSCO) was upgraded by DZ Bank from a "hold" rating to a "buy" rating in a research report issued on Friday, Briefing.com reports. The firm currently has a $58.00 price objective on the network equipment provider's stock. DZ Bank's target price indicates a potential upside of 13.75% from the stock's previous close.

Several other research analysts have also commented on the company. Bank of America reissued a "buy" rating and issued a $52.00 price target on shares of Cisco Systems in a research report on Wednesday, November 16th. Rosenblatt Securities cut their price objective on shares of Cisco Systems from $53.00 to $51.00 and set a "neutral" rating on the stock in a research report on Thursday, November 17th. Morgan Stanley increased their target price on shares of Cisco Systems from $52.00 to $55.00 in a research report on Thursday. StockNews.com raised shares of Cisco Systems from a "buy" rating to a "strong-buy" rating in a report on Monday. Finally, Wells Fargo & Company increased their price objective on Cisco Systems from $52.00 to $57.00 in a report on Thursday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $55.05. Read more ...



Downgrades:



Robert W. Baird cut shares of Caterpillar (NYSE:CAT) from an outperform rating to a neutral rating in a research report sent to investors on Monday, The Fly reports. They currently have $230.00 price target on the industrial products company’s stock, down from their previous price target of $290.00.

A number of other equities research analysts have also recently weighed in on the company. Citigroup upped their price target on Caterpillar to $250.00 in a report on Wednesday, December 14th. Morgan Stanley upped their target price on Caterpillar from $174.00 to $190.00 and gave the company an underweight rating in a research note on Wednesday, December 14th. Daiwa Capital Markets upped their target price on Caterpillar to $205.00 in a research note on Tuesday, November 1st. Cowen upped their target price on Caterpillar from $240.00 to $264.00 in a research note on Friday, December 9th. Finally, Bank of America raised Caterpillar from a neutral rating to a buy rating and upped their target price for the company from $217.00 to $295.00 in a research note on Friday, January 13th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Caterpillar has an average rating of Hold and a consensus target price of $242.33. Read more …



Argus lowered shares of Church & Dwight (NYSE:CHD) from a buy rating to a hold rating in a report released on Monday, The Fly reports.

Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada cut their price target on Church & Dwight from $85.00 to $83.00 and set a sector perform rating for the company in a report on Tuesday, January 31st. StockNews.com downgraded Church & Dwight from a hold rating to a sell rating in a report on Monday, February 6th. TheStreet downgraded Church & Dwight from a b rating to a c rating in a report on Friday, February 3rd. Credit Suisse Group raised Church & Dwight from a neutral rating to an outperform rating and raised their price target for the company from $85.00 to $95.00 in a report on Tuesday, January 17th. Finally, Wells Fargo & Company increased their price objective on Church & Dwight from $82.00 to $90.00 and gave the stock an overweight rating in a research report on Tuesday, January 3rd. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of Hold and a consensus price target of $88.00. Read more …




Argus cut shares of Emerson Electric (NYSE:EMR) from a buy rating to a hold rating in a research note released on Tuesday, MarketBeat.com reports.

A number of other research firms have also weighed in on EMR. StockNews.com lowered shares of Emerson Electric from a buy rating to a hold rating in a research note on Tuesday. Citigroup upped their price objective on shares of Emerson Electric from $99.00 to $109.00 and gave the stock a buy rating in a research note on Friday, December 9th. Morgan Stanley increased their price target on shares of Emerson Electric from $92.00 to $93.00 and gave the company an equal weight rating in a research report on Tuesday, February 7th. Mizuho increased their price target on shares of Emerson Electric from $86.00 to $103.00 and gave the company a neutral rating in a research report on Wednesday, November 30th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Emerson Electric from $94.00 to $93.00 and set a hold rating for the company in a research report on Thursday, February 9th. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Emerson Electric presently has a consensus rating of Hold and an average price target of $98.15. Read more …



NVIDIA (NASDAQ:NVDA) was downgraded by stock analysts at DZ Bank from a “buy” rating to a “sell” rating in a note issued to investors on Thursday, Marketbeat reports. They currently have a $195.00 target price on the computer hardware maker’s stock. DZ Bank’s target price suggests a potential downside of 8.83% from the stock’s current price.

Several other research firms have also recently commented on NVDA. Stifel Nicolaus boosted their price target on shares of NVIDIA from $165.00 to $175.00 and gave the stock a “hold” rating in a report on Thursday, November 17th. StockNews.com cut NVIDIA from a “hold” rating to a “sell” rating in a research note on Thursday, October 20th. KeyCorp lowered their price objective on NVIDIA from $230.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, January 11th. Truist Financial raised their price objective on shares of NVIDIA from $198.00 to $238.00 and gave the stock a “buy” rating in a report on Monday, January 23rd. Finally, Susquehanna Bancshares lifted their target price on shares of NVIDIA from $180.00 to $185.00 and gave the company a “positive” rating in a report on Thursday, November 17th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and a consensus price target of $212.72. Read more …



C.H. Robinson Worldwide (NASDAQ:CHRW) was downgraded by JPMorgan Chase & Co. from a "neutral" rating to an "underweight" rating in a report released on Friday, The Fly reports. They presently have a $87.00 price objective on the transportation company's stock. JPMorgan Chase & Co.'s price objective would suggest a potential downside of 16.13% from the company's current price.

A number of other research analysts also recently commented on CHRW. BNP Paribas assumed coverage on C.H. Robinson Worldwide in a research report on Wednesday, November 30th. They set an "outperform" rating and a $128.00 target price for the company. Credit Suisse Group decreased their price target on C.H. Robinson Worldwide from $97.00 to $93.00 and set an "underperform" rating on the stock in a report on Wednesday, January 4th. Sanford C. Bernstein decreased their price target on C.H. Robinson Worldwide from $110.00 to $92.00 and set a "market perform" rating on the stock in a report on Thursday, February 2nd. Bank of America lowered C.H. Robinson Worldwide from a "neutral" rating to an "underperform" rating and decreased their price target for the company from $95.00 to $88.00 in a report on Tuesday, January 17th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on C.H. Robinson Worldwide from $107.00 to $100.00 in a report on Friday, February 3rd. Seven research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $98.81. Read more …



Archive of Upgrades and Downgrades


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