Notable Analyst Upgrades and Downgrades for Week of May 1 2023

 


 

Upgrades:



Essex Property Trust (NYSE:ESS) was upgraded by research analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a report released on Monday, The Fly reports.

Several other brokerages have also weighed in on ESS. Mizuho lifted their price target on Essex Property Trust from $235.00 to $246.00 and gave the company a “neutral” rating in a research note on Thursday, February 23rd. StockNews.com assumed coverage on Essex Property Trust in a research report on Thursday, March 16th. They issued a “hold” rating for the company. Wells Fargo & Company initiated coverage on Essex Property Trust in a research note on Wednesday, March 29th. They set an “underweight” rating and a $208.00 target price for the company. Stifel Nicolaus dropped their price target on shares of Essex Property Trust from $260.00 to $245.00 in a research note on Friday. Finally, BMO Capital Markets lowered shares of Essex Property Trust from a “market perform” rating to an “underperform” rating and cut their price target for the stock from $239.00 to $200.00 in a report on Monday, April 17th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Essex Property Trust presently has a consensus rating of “Hold” and a consensus price target of $247.33. Read more …



Scotts Miracle-Gro (NYSE:SMG) was upgraded by investment analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, The Fly reports.

Several other brokerages also recently weighed in on SMG. Truist Financial increased their target price on shares of Scotts Miracle-Gro from $50.00 to $70.00 and gave the stock a “hold” rating in a research note on Thursday, February 2nd. UBS Group reduced their price objective on shares of Scotts Miracle-Gro from $87.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday, April 6th. JPMorgan Chase & Co. raised their price objective on shares of Scotts Miracle-Gro from $45.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, February 2nd. Raymond James raised their price objective on shares of Scotts Miracle-Gro from $56.00 to $92.00 and gave the company a “strong-buy” rating in a research report on Thursday, February 2nd. Finally, Barclays cut shares of Scotts Miracle-Gro from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $105.00 to $70.00 in a report on Wednesday, April 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $77.14. Read more …



Bank of America upgraded shares of Comcast (NASDAQ:CMCSA) from a neutral rating to a buy rating in a research report report published on Monday morning, The Fly reports. They currently have $49.00 price objective on the cable giant’s stock, up from their previous price objective of $44.00.

Several other equities research analysts also recently commented on CMCSA. KGI Securities downgraded Comcast from an outperform rating to a neutral rating in a report on Wednesday, February 22nd. Morgan Stanley increased their target price on Comcast from $45.00 to $48.00 in a research note on Friday. Truist Financial upgraded Comcast from a hold rating to a buy rating and set a $50.00 target price for the company in a research report on Thursday, January 5th. Oppenheimer reissued an outperform rating and issued a $48.00 target price on shares of Comcast in a research note on Thursday, April 6th. Finally, TD Securities cut their price target on Comcast from $60.00 to $56.00 and set a buy rating on the stock in a report on Friday, January 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, Comcast presently has an average rating of Moderate Buy and an average target price of $44.63. Read more …




The Goldman Sachs Group upgraded shares of Genuine Parts (NYSE:GPC) from a sell rating to a neutral rating in a research note released on Monday morning, The Fly reports. The analysts noted that the move was a valuation call.

Other equities analysts have also issued reports about the company. Truist Financial raised their price target on Genuine Parts from $186.00 to $195.00 and gave the stock a buy rating in a research report on Friday, April 21st. StockNews.com assumed coverage on shares of Genuine Parts in a report on Thursday, March 16th. They set a buy rating for the company. Finally, Wedbush reaffirmed a neutral rating and set a $165.00 price objective on shares of Genuine Parts in a research note on Friday, April 21st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of Hold and a consensus target price of $157.00. Read more …



Morgan Stanley upgraded shares of HP (NYSE:HPQ) from an underweight rating to an equal weight rating in a research report sent to investors on Monday morning, The Fly reports.

A number of other brokerages also recently issued reports on HPQ. The Goldman Sachs Group began coverage on shares of HP in a report on Monday, March 20th. They set a neutral rating and a $26.00 price target for the company. TheStreet downgraded HP from a b- rating to a c+ rating in a research report on Tuesday, February 28th. Bank of America cut their price objective on HP from $27.00 to $26.00 in a research report on Wednesday, March 1st. JPMorgan Chase & Co. raised shares of HP from a neutral rating to an overweight rating and upped their target price for the company from $30.00 to $35.00 in a research report on Monday, April 17th. Finally, StockNews.com started coverage on shares of HP in a research report on Thursday, March 16th. They set a hold rating for the company. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, HP presently has an average rating of Hold and a consensus price target of $29.50. Read more …



Sanford C. Bernstein upgraded shares of Roper Technologies (NYSE:ROP) from an underperform rating to a market perform rating in a research report sent to investors on Tuesday, The Fly reports. They currently have $525.00 price target on the industrial products company’s stock, up from their previous price target of $490.00.

Several other brokerages have also commented on ROP. StockNews.com assumed coverage on Roper Technologies in a research note on Thursday, March 16th. They set a hold rating on the stock. Truist Financial upped their target price on Roper Technologies from $525.00 to $540.00 in a research note on Friday, April 28th. Royal Bank of Canada reaffirmed an outperform rating and issued a $528.00 target price on shares of Roper Technologies in a research note on Wednesday, March 22nd. Robert W. Baird reaffirmed a neutral rating and issued a $476.00 target price on shares of Roper Technologies in a research note on Monday, March 20th. Finally, Mizuho assumed coverage on Roper Technologies in a research note on Thursday, March 23rd. They issued a neutral rating and a $475.00 target price on the stock. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Roper Technologies currently has an average rating of Moderate Buy and a consensus target price of $498.08. Read more …




Louisiana-Pacific (NYSE:LPX) was upgraded by stock analysts at TD Securities from a “hold” rating to a “buy” rating in a research note issued on Thursday, Marketbeat reports. The brokerage presently has a $75.00 price objective on the building manufacturing company’s stock, up from their prior price objective of $63.00. TD Securities’ target price suggests a potential upside of 21.20% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Truist Financial dropped their price objective on Louisiana-Pacific from $49.00 to $47.00 and set a “hold” rating on the stock in a report on Monday, February 27th. DA Davidson cut Louisiana-Pacific from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $69.00 to $63.00 in a research report on Thursday, January 12th. Finally, StockNews.com raised Louisiana-Pacific from a “sell” rating to a “hold” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $61.60. Read more …



JPMorgan Chase & Co. upgraded shares of Kellogg (NYSE:K) from an underweight rating to a neutral rating in a report published on Friday, The Fly reports. JPMorgan Chase & Co. currently has $72.00 price target on the stock, up from their prior price target of $68.00.

Several other brokerages also recently weighed in on K. TheStreet downgraded Kellogg from a b rating to a c+ rating in a report on Thursday, February 9th. Morgan Stanley lowered their price target on Kellogg from $74.00 to $71.00 and set an equal weight rating for the company in a report on Tuesday, April 11th. Deutsche Bank Aktiengesellschaft lowered their price target on Kellogg from $73.00 to $69.00 and set a hold rating for the company in a report on Monday, March 20th. Stifel Nicolaus started coverage on Kellogg in a report on Thursday, April 13th. They set a hold rating and a $71.00 target price for the company. Finally, StockNews.com upgraded Kellogg from a hold rating to a buy rating in a research report on Wednesday, March 29th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Kellogg presently has a consensus rating of Hold and a consensus target price of $72.10. Read more …



Becton, Dickinson and (NYSE:BDX) was upgraded by equities research analysts at Piper Sandler from a "neutral" rating to an "overweight" rating in a research note issued on Friday, The Fly reports.

BDX has been the topic of a number of other research reports. StockNews.com initiated coverage on shares of Becton, Dickinson and in a research note on Thursday, March 16th. They issued a "buy" rating on the stock. Morgan Stanley boosted their target price on shares of Becton, Dickinson and from $290.00 to $295.00 and gave the stock an "overweight" rating in a research note on Friday, February 3rd. Finally, Evercore ISI decreased their price target on shares of Becton, Dickinson and from $280.00 to $275.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 4th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $272.44. Read more ...




Downgrades:



The Goldman Sachs Group downgraded shares of Exxon Mobil (NYSE:XOM) from a buy rating to a neutral rating in a research note published on Monday, The Fly reports. The Goldman Sachs Group currently has $125.00 price target on the oil and gas company’s stock.

XOM has been the subject of several other reports. Scotiabank lowered shares of Exxon Mobil from a sector outperform rating to a sector perform rating and lowered their price objective for the stock from $140.00 to $135.00 in a report on Thursday, April 13th. StockNews.com initiated coverage on shares of Exxon Mobil in a research report on Thursday, March 16th. They set a hold rating for the company. Wells Fargo & Company upped their target price on shares of Exxon Mobil from $125.00 to $133.00 and gave the stock an overweight rating in a report on Friday, March 3rd. Argus boosted their price target on shares of Exxon Mobil from $128.00 to $133.00 and gave the stock a buy rating in a research note on Thursday, February 2nd. Finally, Piper Sandler decreased their target price on shares of Exxon Mobil from $135.00 to $134.00 and set an overweight rating on the stock in a research report on Thursday, April 20th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of Moderate Buy and a consensus price target of $125.07. Read more …



Bank of America cut shares of Principal Financial Group (NASDAQ:PFG) from a buy rating to a neutral rating in a research note issued to investors on Monday, The Fly reports. The brokerage currently has $78.00 price target on the stock, down from their prior price target of $81.00.

A number of other analysts have also commented on the company. Morgan Stanley lifted their price target on Principal Financial Group from $76.00 to $77.00 and gave the company an underweight rating in a research note on Friday, February 24th. StockNews.com started coverage on Principal Financial Group in a research report on Thursday, March 16th. They set a hold rating for the company. Wells Fargo & Company started coverage on Principal Financial Group in a research report on Tuesday, April 25th. They set an equal weight rating and a $79.00 price objective for the company. The Goldman Sachs Group raised their price objective on Principal Financial Group from $61.00 to $71.00 and gave the stock a sell rating in a research report on Monday, January 9th. Finally, Barclays lowered their price objective on Principal Financial Group from $92.00 to $75.00 in a research report on Wednesday, April 12th. Eight research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Reduce and an average price target of $77.31. Read more …



Walker & Dunlop (NYSE:WD – Get Rating) was downgraded by investment analysts at JMP Securities from an “outperform” rating to a “market perform” rating in a report released on Tuesday, The Fly reports.

WD has been the topic of several other reports. StockNews.com initiated coverage on Walker & Dunlop in a report on Thursday, March 16th. They set a “hold” rating on the stock. Wolfe Research cut Walker & Dunlop from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 31st. Finally, TheStreet raised Walker & Dunlop from a “c+” rating to a “b-” rating in a report on Tuesday, March 7th.

WD stock opened at $67.18 on Tuesday. The stock has a market capitalization of $2.24 billion, a PE ratio of 10.55 and a beta of 1.40. Walker & Dunlop has a 12-month low of $62.87 and a 12-month high of $125.62. The stock’s 50 day simple moving average is $76.22 and its 200 day simple moving average is $82.94. Read more …




Thomson Reuters (NYSE:TRI) (TSE:TRI) was downgraded by Canaccord Genuity Group from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, MarketBeat.com reports. They currently have a $131.00 price target on the business services provider’s stock, up from their previous price target of $124.00. Canaccord Genuity Group’s price target would indicate a potential upside of 9.98% from the company’s current price.

Several other analysts have also recently weighed in on TRI. TD Securities cut shares of Thomson Reuters from a “buy” rating to a “hold” rating in a research report on Thursday, February 16th. Scotiabank upgraded shares of Thomson Reuters from a “sector perform” rating to a “sector outperform” rating in a research report on Friday, February 10th. Morgan Stanley raised their price objective on shares of Thomson Reuters from $111.00 to $117.00 and gave the company an “equal weight” rating in a research report on Friday, February 10th. StockNews.com upgraded shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research report on Saturday, March 18th. Finally, The Goldman Sachs Group raised their price objective on shares of Thomson Reuters from $111.00 to $123.00 and gave the company a “neutral” rating in a research report on Tuesday, January 10th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Thomson Reuters presently has a consensus rating of “Hold” and an average price target of $139.73. Read more ...



ALLETE (NYSE:ALE) was downgraded by investment analysts at Bank of America from a "buy" rating to a "neutral" rating in a research note issued to investors on Friday, The Fly reports.

ALE has been the subject of a number of other research reports. Sidoti raised ALLETE from a "neutral" rating to a "buy" rating and set a $74.00 price objective for the company in a research report on Thursday, April 6th. Guggenheim downgraded shares of ALLETE from a "neutral" rating to a "sell" rating and increased their price objective for the company from $53.00 to $54.00 in a research report on Monday, January 23rd. Wells Fargo & Company decreased their target price on shares of ALLETE from $67.00 to $65.00 and set an "equal weight" rating for the company in a report on Monday, January 30th. StockNews.com upgraded shares of ALLETE from a "sell" rating to a "hold" rating in a report on Thursday, April 6th. Finally, Mizuho decreased their price objective on shares of ALLETE from $66.00 to $64.00 and set a "neutral" rating for the company in a report on Tuesday, January 24th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $64.67. Read more ...



Northwest Natural (NYSE:NWN) was downgraded by equities research analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Friday.

Other analysts also recently issued reports about the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $52.00 price objective on shares of Northwest Natural in a report on Friday, March 10th. Maxim Group cut shares of Northwest Natural from a "buy" rating to a "hold" rating in a research note on Friday. Finally, TheStreet raised shares of Northwest Natural from a "c+" rating to a "b" rating in a report on Friday, February 24th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, Northwest Natural currently has a consensus rating of "Hold" and a consensus price target of $48.25.

Shares of NWN stock traded down $1.28 during trading hours on Friday, hitting $47.05. The company's stock had a trading volume of 137,617 shares, compared to its average volume of 171,185. The company has a 50 day moving average of $47.31 and a 200 day moving average of $47.87. The stock has a market cap of $1.69 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 4.66 and a beta of 0.59. The company has a current ratio of 0.83, a quick ratio of 0.73 and a debt-to-equity ratio of 1.06. Northwest Natural has a 12-month low of $42.37 and a 12-month high of $55.97. Read more …


Archive of Upgrades and Downgrades


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