Notable Analyst Upgrades and Downgrades for Week of March 20 2023

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Upgrades:



Robert W. Baird upgraded shares of U.S. Bancorp (NYSE:USB) from a neutral rating to an outperform rating in a research report released on Monday morning, The Fly reports. They currently have $52.00 price target on the financial services provider’s stock.

A number of other analysts have also recently weighed in on USB. Barclays raised shares of U.S. Bancorp from an equal weight rating to an overweight rating and upped their price target for the stock from $62.00 to $68.00 in a research report on Tuesday, January 3rd. Keefe, Bruyette & Woods upgraded shares of U.S. Bancorp from a market perform rating to an outperform rating and boosted their price objective for the stock from $52.00 to $58.00 in a report on Monday, December 12th. Wolfe Research lowered shares of U.S. Bancorp from an outperform rating to a peer perform rating in a report on Thursday, December 1st. Piper Sandler cut their price objective on shares of U.S. Bancorp from $57.00 to $53.00 in a report on Friday, March 10th. Finally, DA Davidson started coverage on shares of U.S. Bancorp in a report on Tuesday, December 20th. They issued a neutral rating and a $47.00 price objective on the stock. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of Moderate Buy and a consensus target price of $54.68. Read more …



Deutsche Bank Aktiengesellschaft upgraded shares of Kimberly-Clark (NYSE:KMB) from a sell rating to a hold rating in a report issued on Monday morning, The Fly reports. Deutsche Bank Aktiengesellschaft currently has $123.00 target price on the stock, up from their previous target price of $122.00.

A number of other brokerages also recently issued reports on KMB. UBS Group raised their price objective on Kimberly-Clark from $129.00 to $136.00 and gave the stock a neutral rating in a research report on Monday, January 23rd. Jefferies Financial Group downgraded Kimberly-Clark from a buy rating to a hold rating and raised their price objective for the stock from $137.00 to $139.00 in a research report on Wednesday, January 4th. JPMorgan Chase & Co. raised their price objective on Kimberly-Clark from $124.00 to $125.00 and gave the stock an underweight rating in a research report on Thursday, January 26th. Wells Fargo & Company cut their price objective on Kimberly-Clark from $135.00 to $125.00 and set an equal weight rating for the company in a research report on Thursday, January 26th. Finally, Citigroup began coverage on Kimberly-Clark in a research report on Thursday, February 16th. They set a sell rating and a $120.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of Hold and an average target price of $128.09. Read more ...



Deutsche Bank Aktiengesellschaft upgraded shares of LyondellBasell Industries (NYSE:LYB) from a hold rating to a buy rating in a research report report published on Monday morning, The Fly reports. They currently have $100.00 target price on the specialty chemicals company’s stock.

Other research analysts have also issued research reports about the stock. UBS Group upped their price objective on shares of LyondellBasell Industries from $81.00 to $91.00 and gave the company a neutral rating in a research report on Wednesday, January 11th. Royal Bank of Canada reaffirmed an outperform rating and set a $130.00 price objective on shares of LyondellBasell Industries in a research report on Wednesday, March 15th. Barclays upped their price objective on shares of LyondellBasell Industries from $82.00 to $90.00 and gave the company an equal weight rating in a research report on Tuesday, March 14th. Piper Sandler upped their price objective on shares of LyondellBasell Industries from $95.00 to $104.00 and gave the company a neutral rating in a research report on Monday, February 13th. Finally, Credit Suisse Group raised shares of LyondellBasell Industries from an underperform rating to an outperform rating and set a $109.00 target price on the stock in a research note on Monday, February 6th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of Hold and a consensus price target of $98.95. Read more …




Sanford C. Bernstein upgraded shares of PepsiCo (NASDAQ:PEP) from an underperform rating to a market perform rating in a report released on Monday morning, The Fly reports.

A number of other research firms also recently issued reports on PEP. Barclays dropped their target price on shares of PepsiCo from $197.00 to $187.00 and set an overweight rating for the company in a research report on Monday, February 13th. Argus increased their target price on shares of PepsiCo from $195.00 to $206.00 in a research report on Wednesday, December 7th. Morgan Stanley increased their target price on shares of PepsiCo from $198.00 to $200.00 and gave the stock an overweight rating in a research report on Friday, February 10th. Citigroup initiated coverage on PepsiCo in a report on Thursday, February 16th. They issued a neutral rating and a $180.00 price target for the company. Finally, Wells Fargo & Company upped their price target on PepsiCo from $187.00 to $190.00 and gave the stock an equal weight rating in a report on Wednesday, February 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $184.23. Read more …



Northcoast Research upgraded shares of Kroger (NYSE:KR) from a neutral rating to a buy rating in a research report sent to investors on Monday morning, The Fly reports. The brokerage currently has $60.00 price target on the stock.

Several other equities analysts also recently issued reports on KR. Roth Capital reiterated a neutral rating on shares of Kroger in a research report on Friday, March 3rd. Sanford C. Bernstein began coverage on Kroger in a research report on Tuesday, December 6th. They issued an outperform rating and a $58.00 target price for the company. Jefferies Financial Group upped their target price on Kroger from $45.00 to $50.00 in a research report on Monday, December 5th. Stephens cut their target price on Kroger from $57.00 to $52.00 and set an equal weight rating for the company in a research report on Monday, March 6th. Finally, StockNews.com began coverage on Kroger in a research report on Thursday, March 16th. They issued a buy rating for the company. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of Hold and an average price target of $53.65. Read more ...



Morgan Stanley upgraded shares of Emerson Electric (NYSE:EMR) from an equal weight rating to an overweight rating in a research note released on Tuesday morning, Marketbeat Ratings reports. They currently have $96.00 target price on the industrial products company’s stock, up from their prior target price of $95.00.

A number of other brokerages have also commented on EMR. Citigroup reduced their target price on shares of Emerson Electric from $109.00 to $106.00 and set a buy rating on the stock in a research report on Monday, February 13th. Deutsche Bank Aktiengesellschaft decreased their target price 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. UBS Group upgraded shares of Emerson Electric from a neutral rating to a buy rating and decreased their target price for the company from $100.00 to $97.00 in a research report on Monday, March 6th. TheStreet cut shares of Emerson Electric from a b+ rating to a c+ rating in a report on Wednesday, February 8th. Finally, Cowen cut their target price on shares of Emerson Electric from $115.00 to $105.00 and set an outperform rating for the company in a research note on Tuesday, February 21st. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Emerson Electric presently has a consensus rating of Hold and a consensus target price of $98.64. Read more …




Barclays upgraded shares of NIKE (NYSE:NKE) from an equal weight rating to an overweight rating in a research report report published on Wednesday morning, Marketbeat reports. They currently have $154.00 price objective on the footwear maker’s stock, up from their previous price objective of $110.00.

NKE has been the subject of a number of other research reports. The Goldman Sachs Group set a $133.00 price target on NIKE in a research report on Monday, January 2nd. Telsey Advisory Group boosted their target price on NIKE from $133.00 to $138.00 and gave the stock an outperform rating in a research report on Friday, March 17th. JPMorgan Chase & Co. dropped their target price on NIKE from $156.00 to $152.00 and set an overweight rating for the company in a research report on Wednesday. Jefferies Financial Group set a $140.00 target price on NIKE in a research report on Monday, January 2nd. Finally, Oppenheimer boosted their target price on NIKE from $135.00 to $150.00 and gave the stock an outperform rating in a research report on Tuesday, February 21st. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twenty-two have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of Moderate Buy and an average target price of $135.07. Read more …



Argus upgraded shares of Consolidated Edison (NYSE:ED) from a hold rating to a buy rating in a research report released on Wednesday, Marketbeat.com reports. They currently have $104.00 price objective on the utilities provider’s stock.

Other equities research analysts have also recently issued research reports about the company. Royal Bank of Canada boosted their target price on Consolidated Edison from $94.00 to $95.00 and gave the company a sector perform rating in a research note on Monday, February 27th. Credit Suisse Group dropped their price objective on Consolidated Edison from $95.00 to $91.00 and set a neutral rating on the stock in a research note on Friday, February 17th. Morgan Stanley cut their price objective on Consolidated Edison from $76.00 to $70.00 and set an underweight rating for the company in a report on Tuesday. Citigroup increased their price objective on Consolidated Edison from $92.00 to $103.00 and gave the company a neutral rating in a report on Wednesday, February 22nd. Finally, Guggenheim cut their price objective on Consolidated Edison from $97.00 to $86.00 in a report on Friday, February 17th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $89.92. Read more …



Genuine Parts (NYSE:GPC) was upgraded by research analysts at Truist Financial from a “hold” rating to a “buy” rating in a research report issued on Friday, The Fly reports. The firm presently has a $186.00 target price on the specialty retailer’s stock. Truist Financial’s price objective points to a potential upside of 20.55% from the stock’s current price.

A number of other research firms have also weighed in on GPC. Wedbush reissued a “neutral” rating on shares of Genuine Parts in a research note on Friday, February 24th. The Goldman Sachs Group lifted their price target on Genuine Parts from $147.00 to $157.00 and gave the stock a “sell” rating in a research note on Thursday, February 23rd. Finally, StockNews.com began coverage on Genuine Parts in a research note on Thursday, March 16th. They set a “buy” rating for the company. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Genuine Parts presently has an average rating of “Hold” and a consensus price target of $152.20. Read more …




Downgrades:



JMP Securities lowered shares of Agree Realty (NYSE:ADC) from an outperform rating to a market perform rating in a research note published on Tuesday, MarketBeat Ratings reports.

ADC has been the topic of several other research reports. Truist Financial reduced their price target on Agree Realty from $84.00 to $80.00 and set a buy rating on the stock in a report on Friday, December 2nd. Mizuho reduced their price target on Agree Realty from $78.00 to $73.00 and set a neutral rating on the stock in a report on Thursday, March 9th. StockNews.com assumed coverage on Agree Realty in a report on Thursday, March 16th. They set a sell rating on the stock. Stifel Nicolaus lifted their price target on Agree Realty from $76.75 to $77.50 in a report on Wednesday, February 15th. Finally, Raymond James raised their price objective on Agree Realty from $80.00 to $81.00 and gave the stock a strong-buy rating in a research report on Monday, January 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of $78.23. Read more …



Wolfe Research downgraded shares of D.R. Horton (NYSE:DHI) from an outperform rating to a peer perform rating in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. The analysts noted that the move was a valuation call.

DHI has been the topic of several other reports. BTIG Research boosted their price objective on D.R. Horton from $101.00 to $108.00 and gave the stock a buy rating in a research note on Wednesday, January 25th. Oppenheimer began coverage on D.R. Horton in a research note on Wednesday, January 18th. They set a market perform rating on the stock. Royal Bank of Canada cut D.R. Horton from a sector perform rating to an underperform rating and upped their target price for the company from $68.00 to $76.00 in a research note on Friday, January 13th. Raymond James cut D.R. Horton from an outperform rating to a market perform rating in a research note on Monday, January 9th. Finally, Citigroup upped their target price on D.R. Horton from $91.00 to $111.00 in a research note on Tuesday, January 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and an average target price of $98.27. Read more …



Archive of Upgrades and Downgrades


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