Upgrades:
Robert W. Baird upgraded shares of Albemarle (NYSE:ALB) from a neutral rating to an outperform rating in a report issued on Monday, The Fly reports. Robert W. Baird currently has $288.00 price objective on the specialty chemicals company’s stock, up from their previous price objective of $222.00.
ALB has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Albemarle from $240.00 to $205.00 in a report on Monday, May 8th. Berenberg Bank reduced their price target on Albemarle from $290.00 to $225.00 and set a hold rating on the stock in a research report on Monday, April 17th. Mizuho cut their target price on Albemarle from $328.00 to $224.00 in a research note on Tuesday, May 2nd. Credit Suisse Group restated an underperform rating and set a $240.00 target price on shares of Albemarle in a research note on Thursday, February 16th. Finally, Piper Sandler upped their target price on Albemarle from $310.00 to $330.00 and gave the stock an overweight rating in a research note on Tuesday, February 21st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of Hold and a consensus target price of $284.05. Read more …
BMO Capital Markets upgraded shares of Gilead Sciences (NASDAQ:GILD) from a market perform rating to an outperform rating in a research report sent to investors on Tuesday morning, The Fly reports. BMO Capital Markets currently has $100.00 price objective on the biopharmaceutical company’s stock, up from their prior price objective of $90.00.
A number of other research analysts also recently issued reports on GILD. Cowen boosted their price target on Gilead Sciences from $90.00 to $95.00 in a report on Friday, February 10th. SVB Leerink boosted their price objective on Gilead Sciences from $81.00 to $91.00 and gave the stock a market perform rating in a research report on Friday, February 3rd. Robert W. Baird lifted their price target on Gilead Sciences from $69.00 to $80.00 in a research report on Friday, February 3rd. Piper Sandler raised their price target on Gilead Sciences from $111.00 to $112.00 and gave the company an overweight rating in a report on Friday, February 3rd. Finally, Barclays increased their price objective on shares of Gilead Sciences from $76.00 to $84.00 and gave the company an equal weight rating in a research note on Wednesday, January 18th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average price target of $91.00. Read more …
Citigroup upgraded shares of Williams Companies (NYSE:WMB) from a neutral rating to a buy rating in a research note published on Tuesday, The Fly reports. They currently have $36.00 price target on the pipeline company’s stock.
A number of other brokerages have also issued reports on WMB. US Capital Advisors upgraded shares of Williams Companies from a hold rating to an overweight rating in a research report on Tuesday, January 31st. Sanford C. Bernstein downgraded shares of Williams Companies from an outperform rating to a market perform rating and cut their price target for the stock from $37.00 to $34.00 in a report on Monday, February 27th. Wells Fargo & Company cut their price target on shares of Williams Companies from $37.00 to $36.00 and set an equal weight rating for the company in a report on Wednesday, February 22nd. Barclays cut their price target on shares of Williams Companies from $36.00 to $35.00 in a report on Tuesday, April 18th. Finally, Raymond James downgraded shares of Williams Companies from a strong-buy rating to an outperform rating and cut their price target for the stock from $40.00 to $36.00 in a report on Thursday, April 20th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Williams Companies has an average rating of Hold and a consensus price target of $35.42. Read more …
Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) was upgraded by analysts at Argus from a “hold” rating to a “buy” rating in a research note issued on Tuesday, The Fly reports.
Other analysts have also recently issued research reports about the company. CIBC lowered their price target on Canadian Pacific Kansas City from C$128.00 to C$125.00 in a research report on Wednesday, February 1st. StockNews.com began coverage on Canadian Pacific Kansas City in a research report on Thursday, March 16th. They set a “hold” rating for the company. Scotiabank raised Canadian Pacific Kansas City from a “sector perform” rating to a “sector outperform” rating in a research report on Wednesday, March 15th. Wells Fargo & Company lifted their price target on Canadian Pacific Kansas City from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 1st. Finally, Barclays lowered their price target on Canadian Pacific Kansas City from $90.00 to $89.00 and set an “overweight” rating for the company in a research report on Wednesday, April 12th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus price target of $89.21. Read more …
Norfolk Southern (NYSE:NSC) was upgraded by equities research analysts at Evercore ISI from an “in-line” rating to an “outperform” rating in a report released on Wednesday, The Fly reports. The firm currently has a $242.00 price target on the railroad operator’s stock. Evercore ISI’s price target would suggest a potential upside of 11.95% from the stock’s previous close.
A number of other equities analysts also recently issued reports on NSC. Citigroup cut their price target on shares of Norfolk Southern from $273.00 to $226.00 and set a “neutral” rating for the company in a report on Tuesday, April 11th. The Goldman Sachs Group downgraded shares of Norfolk Southern from a “conviction-buy” rating to a “buy” rating in a report on Monday, April 10th. StockNews.com initiated coverage on shares of Norfolk Southern in a research note on Thursday, March 16th. They issued a “hold” rating on the stock. Morgan Stanley lowered their price objective on shares of Norfolk Southern from $177.00 to $174.00 in a research note on Friday, April 28th. Finally, Barclays lowered their price objective on shares of Norfolk Southern from $250.00 to $235.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 27th. Fourteen research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Norfolk Southern currently has an average rating of “Hold” and a consensus price target of $240.04. Read more …
Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) was upgraded by equities research analysts at National Bankshares from a “sector perform” rating to an “outperform” rating in a research report issued on Thursday, BayStreet.CA reports. The firm currently has a $61.00 target price on the business services provider’s stock. National Bankshares’ target price would indicate a potential upside of 8.99% from the stock’s current price.
Several other research firms also recently commented on RBA. StockNews.com downgraded shares of Ritchie Bros. Auctioneers from a “hold” rating to a “sell” rating in a report on Tuesday. OTR Global raised shares of Ritchie Bros. Auctioneers to a “positive” rating in a research note on Thursday, May 4th. National Bank Financial raised shares of Ritchie Bros. Auctioneers from a “sector perform” rating to an “outperform” rating and set a $61.00 target price on the stock in a research note on Thursday. Robert W. Baird reduced their target price on shares of Ritchie Bros. Auctioneers from $66.00 to $64.00 in a research note on Monday, March 20th. Finally, Raymond James increased their target price on shares of Ritchie Bros. Auctioneers from $55.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, January 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $61.57. Read more …
WEC Energy Group (NYSE:WEC) was upgraded by research analysts at Mizuho from a "neutral" rating to a "buy" rating in a report released on Thursday, The Fly reports. The firm presently has a $98.00 target price on the utilities provider's stock. Mizuho's target price would suggest a potential upside of 9.78% from the company's current price.
A number of other equities analysts have also commented on WEC. Wells Fargo & Company decreased their price target on shares of WEC Energy Group from $109.00 to $106.00 and set an "overweight" rating on the stock in a report on Friday, February 3rd. StockNews.com began coverage on WEC Energy Group in a research note on Thursday. They issued a "sell" rating for the company. 888 reissued a "maintains" rating on shares of WEC Energy Group in a research note on Wednesday, May 3rd. Bank of America cut their price objective on shares of WEC Energy Group from $106.00 to $103.00 in a research note on Wednesday, May 3rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of WEC Energy Group from $99.00 to $105.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 19th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $100.10. Read more …
Cincinnati Financial (NASDAQ:CINF) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, The Fly reports. The firm presently has a $117.00 target price on the insurance provider’s stock, up from their previous target price of $113.00. Bank of America‘s price target indicates a potential upside of 11.47% from the company’s current price.
A number of other analysts have also recently commented on CINF. Roth Capital reissued a “buy” rating on shares of Cincinnati Financial in a research note on Tuesday, February 7th. Royal Bank of Canada decreased their price objective on shares of Cincinnati Financial from $125.00 to $118.00 in a report on Monday, May 1st. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $117.00 price objective (down from $119.00) on shares of Cincinnati Financial in a report on Tuesday, April 18th. Piper Sandler increased their target price on shares of Cincinnati Financial from $114.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, April 4th. Finally, StockNews.com assumed coverage on shares of Cincinnati Financial in a research report on Thursday. They issued a “hold” rating on the stock. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $117.17. Read more …
Downgrades:
Wolfe Research lowered shares of Essex Property Trust (NYSE:ESS) from a peer perform rating to an underperform rating in a research note released on Monday, The Fly reports. Wolfe Research currently has $204.00 price objective on the real estate investment trust’s stock.
Other equities analysts have also issued reports about the stock. Wells Fargo & Company initiated coverage on shares of Essex Property Trust in a research report on Wednesday, March 29th. They set an underweight rating and a $208.00 price target on the stock. Piper Sandler upgraded Essex Property Trust from a neutral rating to an overweight rating and boosted their price target for the company from $242.00 to $271.00 in a research note on Monday, May 1st. Mizuho raised their price objective on Essex Property Trust from $235.00 to $246.00 and gave the stock a neutral rating in a research note on Thursday, February 23rd. Stifel Nicolaus cut their target price on Essex Property Trust from $260.00 to $245.00 in a research report on Friday, April 28th. Finally, Royal Bank of Canada reissued an outperform rating and set a $250.00 target price on shares of Essex Property Trust in a report on Thursday, February 9th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned 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 $246.32. Read more …
Morgan Stanley lowered shares of Cullen/Frost Bankers (NYSE:CFR) from an overweight rating to an equal weight rating in a research note released on Tuesday morning, The Fly reports. They currently have $121.00 target price on the bank’s stock, down from their previous target price of $127.00.
A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of Cullen/Frost Bankers from $155.00 to $123.00 in a research report on Thursday, April 6th. Stephens dropped their target price on shares of Cullen/Frost Bankers from $154.00 to $140.00 and set an equal weight rating for the company in a research report on Friday, January 27th. Raymond James cut shares of Cullen/Frost Bankers from an outperform rating to a market perform rating in a research report on Tuesday, February 21st. UBS Group started coverage on shares of Cullen/Frost Bankers in a research report on Wednesday, March 15th. They set a sell rating and a $107.00 target price for the company. Finally, Wedbush increased their target price on shares of Cullen/Frost Bankers from $110.00 to $120.00 in a research report on Friday, April 28th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Cullen/Frost Bankers has an average rating of Hold and a consensus target price of $134.23. Read more …
CIBC lowered shares of Royal Bank of Canada (TSE:RY) (NYSE:RY) from an outperform rating to a neutral rating in a research note released on Tuesday morning, BayStreet.CA reports. The brokerage currently has C$142.00 price objective on the financial services provider’s stock, down from their previous price objective of C$147.00.
Other equities research analysts have also issued reports about the stock. National Bank Financial cut their price target on shares of Royal Bank of Canada from C$147.00 to C$145.00 in a research note on Thursday, March 2nd. Veritas Investment Research reiterated a buy rating on shares of Royal Bank of Canada in a research note on Monday, February 27th. Barclays lowered shares of Royal Bank of Canada from an overweight rating to an underperform rating and cut their price target for the stock from C$151.00 to C$124.00 in a research note on Tuesday, May 9th. Fundamental Research set a C$140.25 price objective on shares of Royal Bank of Canada and gave the stock a buy rating in a research report on Tuesday, March 14th. Finally, CSFB lowered their price objective on shares of Royal Bank of Canada from C$151.00 to C$149.00 in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus price target of C$142.63. Read more …
Magellan Midstream Partners (NYSE:MMP) was downgraded by equities research analysts at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Wednesday, The Fly reports. They currently have a $63.00 price objective on the pipeline company’s stock, up from their previous price objective of $57.00. Citigroup’s price objective points to a potential upside of 0.53% from the company’s current price.
A number of other brokerages have also weighed in on MMP. TD Securities lowered shares of Magellan Midstream Partners from a “hold” rating to a “tender” rating and upped their price target for the stock from $55.00 to $67.50 in a research note on Tuesday. Royal Bank of Canada reissued an “outperform” rating and issued a $59.00 price objective on shares of Magellan Midstream Partners in a research note on Wednesday, March 15th. Raymond James cut Magellan Midstream Partners from an “outperform” rating to a “market perform” rating in a research note on Thursday, April 20th. StockNews.com initiated coverage on shares of Magellan Midstream Partners in a research report on Thursday, March 16th. They issued a “hold” rating on the stock. Finally, Mizuho lifted their price objective on shares of Magellan Midstream Partners from $53.00 to $56.00 in a research note on Monday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $59.46. Read more …
Procter & Gamble (NYSE:PG) was downgraded by equities research analysts at Truist Financial from a “buy” rating to a “hold” rating in a report released on Thursday, The Fly reports. They presently have a $155.00 price objective on the stock, down from their prior price objective of $165.00. Truist Financial’s price objective suggests a potential upside of 1.19% from the company’s previous close.
Other analysts have also issued reports about the company. UBS Group boosted their price objective on Procter & Gamble from $170.00 to $180.00 and gave the company a “buy” rating in a report on Monday, April 24th. Citigroup initiated coverage on Procter & Gamble in a research note on Thursday, February 16th. They issued a “buy” rating and a $160.00 target price for the company. Deutsche Bank Aktiengesellschaft lifted their target price on Procter & Gamble from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, April 24th. JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $150.00 to $155.00 in a research note on Friday, March 3rd. Finally, Stifel Nicolaus boosted their price objective on Procter & Gamble from $139.00 to $147.00 and gave the stock a “hold” rating in a research report on Friday, January 20th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $161.50. Read more …
Archive of Upgrades and Downgrades
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