Upgrades:
National Bank Financial upgraded shares of Thomson Reuters (TSE:TRI) (NYSE:TRI) from a sector perform rating to an outperform rating in a report published on Sunday, FinViz reports. National Bank Financial also issued estimates for Thomson Reuters’ Q2 2023 earnings at $1.05 EPS, Q3 2023 earnings at $1.05 EPS, Q4 2023 earnings at $1.28 EPS, FY2023 earnings at $4.49 EPS, FY2024 earnings at $5.09 EPS and FY2025 earnings at $5.75 EPS.
A number of other brokerages have also weighed in on TRI. TD Securities raised their price target on shares of Thomson Reuters from C$175.00 to C$185.00 and gave the company a hold rating in a report on Wednesday, May 3rd. BMO Capital Markets boosted their price objective on Thomson Reuters from C$182.00 to C$184.00 in a research report on Wednesday, May 3rd. Finally, National Bankshares upped their price target on Thomson Reuters from C$170.00 to C$184.00 and gave the stock a sector perform rating in a research report on Wednesday, May 3rd. Read more ...
Bank of America upgraded shares of Albemarle (NYSE:ALB) from an underperform rating to a neutral rating in a report issued on Monday, The Fly reports. The firm currently has $200.00 price objective on the specialty chemicals company’s stock, up from their previous price objective of $195.00.
Other research analysts have also issued research reports about the stock. Mizuho decreased their target price on shares of Albemarle from $328.00 to $224.00 in a research report on Tuesday, May 2nd. Royal Bank of Canada upped their price target on shares of Albemarle from $340.00 to $362.00 in a report on Wednesday, January 25th. BMO Capital Markets cut their price target on shares of Albemarle from $325.00 to $300.00 in a report on Friday. Credit Suisse Group reaffirmed an underperform rating and set a $240.00 price target on shares of Albemarle in a report on Thursday, February 16th. Finally, UBS Group cut their price target on shares of Albemarle from $297.00 to $250.00 and set a neutral rating for the company in a report on Wednesday, January 11th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Hold and an average price target of $283.94. Read more …
JPMorgan Chase & Co. upgraded shares of Scotts Miracle-Gro (NYSE:SMG) from a neutral rating to an overweight rating in a report issued on Monday, The Fly reports. The firm currently has $80.00 price objective on the basic materials company’s stock.
A number of other equities research analysts also recently issued reports on the stock. Barclays downgraded shares of Scotts Miracle-Gro from an overweight rating to an equal weight rating and cut their target price for the stock from $105.00 to $70.00 in a research report on Wednesday, April 26th. UBS Group cut their target price on shares of Scotts Miracle-Gro from $80.00 to $70.00 in a research report on Friday. Stifel Nicolaus cut their price target on shares of Scotts Miracle-Gro from $80.00 to $78.00 in a report on Thursday, May 4th. Truist Financial cut their price target on shares of Scotts Miracle-Gro from $70.00 to $65.00 in a report on Thursday, May 4th. Finally, Raymond James cut their price target on shares of Scotts Miracle-Gro from $92.00 to $86.00 in a report on Thursday, May 4th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Scotts Miracle-Gro currently has a consensus rating of Moderate Buy and a consensus price target of $76.29. Read more ...
UBS Group upgraded shares of Pentair (NYSE:PNR) from a neutral rating to a buy rating in a report released on Monday, The Fly reports. The firm currently has $72.00 price objective on the industrial products company’s stock, up from their previous price objective of $53.00.
Several other brokerages also recently weighed in on PNR. Loop Capital raised their price target on Pentair from $70.00 to $75.00 and gave the company a buy rating in a report on Wednesday, February 1st. Oppenheimer raised their price target on Pentair from $70.00 to $72.00 in a report on Friday, April 28th. Stifel Nicolaus raised their price target on Pentair from $69.00 to $71.00 in a report on Friday, April 28th. Mizuho raised their price target on Pentair from $60.00 to $65.00 and gave the company a buy rating in a report on Wednesday, February 1st. Finally, StockNews.com initiated coverage on Pentair in a report on Thursday, March 16th. They issued a hold rating for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Pentair currently has an average rating of Moderate Buy and a consensus target price of $62.14. Read more …
Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) was upgraded by analysts at Canaccord Genuity Group from a “hold” rating to a “buy” rating in a report released on Wednesday, MarketBeat Ratings reports.
Several other equities research analysts have also recently weighed in on CM. Royal Bank of Canada raised their price objective on shares of Canadian Imperial Bank of Commerce from $69.00 to $70.00 and gave the company a “sector perform” rating in a research report on Monday, February 27th. StockNews.com initiated coverage on shares of Canadian Imperial Bank of Commerce in a research note on Thursday, March 16th. They issued a “hold” rating on the stock. Finally, CIBC raised shares of Canadian Imperial Bank of Commerce from a “hold” rating to a “buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Canadian Imperial Bank of Commerce presently has an average rating of “Hold” and a consensus price target of $74.88. Read more ...
American States Water (NYSE:AWR) was upgraded by equities researchers at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating in a research note issued on Friday, Briefing.com reports. The firm currently has a $94.00 price target on the utilities provider’s stock, up from their previous price target of $90.00. Wells Fargo & Company‘s target price would indicate a potential upside of 5.07% from the stock’s current price.
Separately, StockNews.com started coverage on shares of American States Water in a research note on Thursday, March 16th. They issued a “hold” rating for the company. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $88.67.
Shares of AWR stock opened at $89.46 on Friday. The stock has a market cap of $3.31 billion, a P/E ratio of 42.40 and a beta of 0.41. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.38 and a quick ratio of 0.34. The company has a fifty day moving average price of $88.93 and a two-hundred day moving average price of $92.14. American States Water has a one year low of $71.22 and a one year high of $100.50. Read more ...
Downgrades:
Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) was downgraded by stock analysts at Barclays from an "equal weight" rating to an "underweight" rating in a research note issued to investors on Tuesday, Briefing.com reports.
Several other research analysts also recently commented on the stock. Canaccord Genuity Group downgraded shares of Bank of Nova Scotia from a "buy" rating to a "hold" rating in a research note on Wednesday, March 1st. StockNews.com assumed coverage on Bank of Nova Scotia in a report on Thursday, March 16th. They issued a "sell" rating for the company. Royal Bank of Canada reduced their price objective on Bank of Nova Scotia from $86.00 to $77.00 and set a "sector perform" rating on the stock in a report on Wednesday, March 1st. Finally, Scotiabank downgraded Bank of Nova Scotia from a "buy" rating to a "hold" rating in a research report on Tuesday, February 28th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $87.15.
NYSE BNS opened at $50.32 on Tuesday. The stock has a 50 day moving average price of $49.62 and a 200-day moving average price of $50.56. Bank of Nova Scotia has a one year low of $45.26 and a one year high of $68.59. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $59.97 billion, a P/E ratio of 9.05, a P/E/G ratio of 2.04 and a beta of 1.02. Read more …
Royal Bank of Canada (NYSE:RY) (TSE:RY) was downgraded by equities research analysts at Barclays from an "overweight" rating to an "underweight" rating in a research report issued on Tuesday, Briefing.com reports.
RY has been the subject of several other research reports. StockNews.com raised Royal Bank of Canada from a "sell" rating to a "hold" rating in a research note on Wednesday, April 12th. Desjardins raised their price objective on Royal Bank of Canada from C$145.00 to C$147.00 in a research note on Tuesday, February 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $138.33.
Shares of Royal Bank of Canada stock opened at $98.21 on Tuesday. The stock has a market cap of $136.58 billion, a PE ratio of 12.20, a price-to-earnings-growth ratio of 1.71 and a beta of 0.82. Royal Bank of Canada has a 12 month low of $83.63 and a 12 month high of $106.43. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $97.18 and a 200-day simple moving average of $97.75. Read more …
Barclays cut shares of Toronto-Dominion Bank (TSE:TD) (NYSE:TD) from an overweight rating to an equal weight rating in a research note published on Tuesday, BayStreet.CA reports. Barclays currently has C$83.00 price objective on the stock, down from their prior price objective of C$101.00.
A number of other research firms also recently weighed in on TD. CSFB decreased their price objective on Toronto-Dominion Bank from C$97.00 to C$94.00 in a report on Friday, March 3rd. Royal Bank of Canada decreased their price objective on Toronto-Dominion Bank from C$110.00 to C$95.00 and set an outperform rating on the stock in a report on Thursday, May 4th. Scotiabank raised Toronto-Dominion Bank from a sector perform rating to an outperform rating in a report on Friday, March 3rd. Cormark cut their target price on shares of Toronto-Dominion Bank from C$105.00 to C$98.00 in a research note on Thursday, March 30th. Finally, BMO Capital Markets cut their target price on shares of Toronto-Dominion Bank from C$91.00 to C$85.00 in a research note on Friday, May 5th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus price target of C$96.76. Read more …
Northrop Grumman (NYSE:NOC) was downgraded by equities researchers at Barclays from an “overweight” rating to an “equal weight” rating in a report issued on Thursday, Briefing.com reports. They currently have a $450.00 target price on the aerospace company’s stock, down from their previous target price of $580.00. Barclays‘s price target points to a potential upside of 1.57% from the company’s current price.
Several other research analysts have also weighed in on NOC. The Goldman Sachs Group lowered shares of Northrop Grumman from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $440.00 to $375.00 in a research note on Friday, January 13th. Credit Suisse Group dropped their price objective on Northrop Grumman from $500.00 to $490.00 and set an “outperform” rating on the stock in a research note on Monday, February 6th. 22nd Century Group reaffirmed a “maintains” rating on shares of Northrop Grumman in a report on Friday, April 28th. Morgan Stanley cut their price target on Northrop Grumman from $626.00 to $601.00 and set an “overweight” rating for the company in a report on Friday, January 27th. Finally, Susquehanna cut their price target on Northrop Grumman from $615.00 to $535.00 and set a “positive” rating for the company in a report on Friday, January 27th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $508.13. Read more …
Archive of Upgrades and Downgrades
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