Upgrades:
UBS Group upgraded shares of Emerson Electric (NYSE:EMR) from a neutral rating to a buy rating in a research note released on Monday morning, MarketBeat reports. UBS Group currently has $97.00 target price on the industrial products company’s stock, down from their previous target price of $100.00.
Several other equities research analysts have also recently weighed in on the stock. Cowen decreased their price objective on shares of Emerson Electric from $115.00 to $105.00 and set an outperform rating for the company in a research report on Tuesday, February 21st. Mizuho increased their price objective on shares of Emerson Electric from $86.00 to $103.00 and gave the stock a neutral rating in a research report on Wednesday, November 30th. Royal Bank of Canada reduced their price target on shares of Emerson Electric from $110.00 to $107.00 and set an outperform rating for the company in a report on Thursday, February 9th. Citigroup reduced their price target on shares of Emerson Electric from $109.00 to $106.00 and set a buy rating for the company in a report on Monday, February 13th. Finally, Argus cut shares of Emerson Electric from a buy rating to a hold rating in a report on Tuesday, February 14th. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of Hold and an average price target of $98.43. Read more …
Northcoast Research upgraded shares of Costco Wholesale (NASDAQ:COST) from a neutral rating to a buy rating in a research note released on Tuesday, The Fly reports. The brokerage currently has $560.00 price target on the retailer’s stock.
Several other equities analysts have also recently weighed in on COST. DA Davidson lifted their price objective on shares of Costco Wholesale from $470.00 to $478.00 in a research report on Friday, January 6th. Loop Capital boosted their price target on shares of Costco Wholesale from $545.00 to $575.00 in a report on Thursday, February 2nd. Robert W. Baird lowered their price target on shares of Costco Wholesale from $575.00 to $535.00 and set an outperform rating on the stock in a report on Friday, March 3rd. BMO Capital Markets lowered their price target on shares of Costco Wholesale from $600.00 to $555.00 in a report on Friday, December 9th. Finally, Wells Fargo & Company lowered their price target on shares of Costco Wholesale from $490.00 to $450.00 in a report on Friday, December 9th. Five equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of Moderate Buy and an average target price of $550.16. Read more …
Bank of America upgraded shares of CMS Energy (NYSE:CMS) from a neutral rating to a buy rating in a research note issued to investors on Wednesday, MarketBeat reports. Bank of America currently has $66.00 target price on the utilities provider’s stock, down from their previous target price of $68.00.
Other analysts have also recently issued reports about the company. Wells Fargo & Company dropped their price objective on CMS Energy from $74.00 to $73.00 and set an overweight rating for the company in a report on Friday, February 3rd. StockNews.com downgraded CMS Energy from a hold rating to a sell rating in a research report on Tuesday, February 14th. Royal Bank of Canada reissued a sector perform rating and issued a $71.00 price objective on shares of CMS Energy in a report on Wednesday, February 8th. BMO Capital Markets cut their price objective on CMS Energy from $70.00 to $69.00 and set an outperform rating for the company in a report on Tuesday, February 14th. Finally, Morgan Stanley dropped their price target on CMS Energy from $64.00 to $63.00 and set an equal weight rating on the stock in a research note on Wednesday, February 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of $67.20. Read more …
KeyCorp (NYSE:KEY) was upgraded by Robert W. Baird from a "neutral" rating to an "outperform" rating in a report issued on Friday, The Fly reports.
Several other research firms have also commented on KEY. Odeon Capital Group upgraded KeyCorp from a "hold" rating to a "buy" rating and set a $20.36 price target for the company in a research report on Tuesday, January 10th. DA Davidson initiated coverage on KeyCorp in a research note on Tuesday, December 20th. They issued a "buy" rating and a $20.00 price objective on the stock. JPMorgan Chase & Co. reduced their price target on shares of KeyCorp from $17.00 to $16.00 and set an "underweight" rating for the company in a report on Monday, January 23rd. Keefe, Bruyette & Woods decreased their price target on shares of KeyCorp from $20.00 to $19.00 and set a "market perform" rating for the company in a research report on Wednesday. Finally, Morgan Stanley cut their price objective on shares of KeyCorp from $22.00 to $21.00 and set an "equal weight" rating on the stock in a report on Monday, January 23rd. Three investment 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. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $19.99. Read more ...
Downgrades:
JPMorgan Chase & Co. downgraded shares of D.R. Horton (NYSE:DHI) from an overweight rating to a neutral rating in a research note released on Monday, MarketBeat.com reports. The brokerage currently has $102.50 price target on the construction company’s stock, down from their prior price target of $107.00.
Other equities analysts have also issued reports about the company. Wedbush lowered D.R. Horton from an outperform rating to a neutral rating and decreased their price objective for the company from $104.00 to $96.00 in a research report on Wednesday, January 25th. JMP Securities upped their price target on D.R. Horton from $95.00 to $115.00 and gave the stock a market outperform rating in a research report on Wednesday, January 25th. The Goldman Sachs Group upped their price target on D.R. Horton from $98.00 to $99.00 and gave the stock a neutral rating in a research report on Tuesday, January 24th. Citigroup upped their price target on D.R. Horton from $91.00 to $111.00 in a research report on Tuesday, January 10th. Finally, Barclays upped their price target on D.R. Horton from $108.00 to $114.00 and gave the stock an overweight rating in a research report on Wednesday, January 25th. One research analyst has 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 stock has a consensus rating of Hold and a consensus target price of $98.27. Read more …
Odeon Capital Group cut shares of Bank of America (NYSE:BAC) from a buy rating to a hold rating in a research note released on Wednesday morning, MarketBeat Ratings reports. They currently have $35.20 price objective on the financial services provider’s stock.
BAC has been the topic of a number of other reports. Citigroup lifted their price target on shares of Bank of America from $36.00 to $38.00 in a research report on Tuesday, January 17th. Morgan Stanley reduced their target price on shares of Bank of America from $38.00 to $37.00 and set an equal weight rating on the stock in a research report on Thursday, December 15th. Atlantic Securities cut shares of Bank of America from an overweight rating to a neutral rating and set a $40.00 target price on the stock. in a research report on Tuesday, January 31st. Barclays reduced their target price on shares of Bank of America from $51.00 to $48.00 and set an overweight rating on the stock in a research report on Tuesday, January 3rd. Finally, Oppenheimer boosted their target price on shares of Bank of America from $50.00 to $53.00 and gave the stock an outperform rating in a research report on Thursday, February 2nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of Hold and a consensus target price of $40.16. Read more ...
Robert W. Baird downgraded shares of ABM Industries (NYSE:ABM) from an outperform rating to a neutral rating in a report released on Thursday, Marketbeat Ratings reports. They currently have $51.00 target price on the business services provider’s stock, down from their prior target price of $52.00.
ABM stock opened at $46.14 on Thursday. The company has a 50 day moving average of $46.92 and a two-hundred day moving average of $44.79. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.63. ABM Industries has a 12-month low of $37.68 and a 12-month high of $54.00. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 13.53 and a beta of 1.12.
ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Wednesday, March 8th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.02. ABM Industries had a return on equity of 14.72% and a net margin of 2.95%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same period last year, the company earned $0.94 earnings per share. ABM Industries’s quarterly revenue was up 2.8% compared to the same quarter last year. On average, equities analysts anticipate that ABM Industries will post 3.51 earnings per share for the current fiscal year. Read more ...
Caterpillar (NYSE:CAT) was downgraded by equities researchers at UBS Group from a "neutral" rating to a "sell" rating in a research report issued on Friday, The Fly reports.
Other equities research analysts also recently issued research reports about the company. Cowen upped their price target on Caterpillar from $240.00 to $264.00 in a report on Friday, December 9th. Bank of America upgraded Caterpillar from a "neutral" rating to a "buy" rating and upped their price target for the stock from $217.00 to $295.00 in a report on Friday, January 13th. Morgan Stanley upped their price target on Caterpillar from $174.00 to $190.00 and gave the stock an "underweight" rating in a report on Wednesday, December 14th. Citigroup upped their price target on Caterpillar to $250.00 in a report on Wednesday, December 14th. Finally, Credit Suisse Group upped their price objective on Caterpillar from $290.00 to $306.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 1st. Two analysts have 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.com, Caterpillar has a consensus rating of "Hold" and a consensus price target of $241.29. Read more ...
Archive of Upgrades and Downgrades
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