Upgrades:
Bank of America upgraded shares of Cintas (NASDAQ:CTAS) from a neutral rating to a buy rating in a report published on Tuesday morning, Marketbeat Ratings reports. Bank of America currently has $580.00 price target on the business services provider’s stock, up from their prior price target of $523.00.
CTAS has been the topic of a number of other research reports. JPMorgan Chase & Co. upped their price target on shares of Cintas from $510.00 to $540.00 in a research note on Friday, July 14th. Barclays upped their price target on shares of Cintas from $500.00 to $550.00 and gave the company an overweight rating in a research report on Friday, July 14th. Stifel Nicolaus increased their price objective on shares of Cintas from $512.00 to $521.00 in a research report on Friday, July 14th. StockNews.com initiated coverage on shares of Cintas in a report on Thursday, August 17th. They issued a buy rating for the company. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Cintas from $524.00 to $542.00 in a report on Monday, July 10th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of $528.07. Read more …
American Electric Power (NASDAQ:AEP) was upgraded by investment analysts at LADENBURG THALM/SH SH from a “sell” rating to a “neutral” rating in a report released on Wednesday, Marketbeat.com reports.
A number of other equities research analysts have also weighed in on AEP. Morgan Stanley lowered their price objective on American Electric Power from $101.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, August 23rd. UBS Group downgraded American Electric Power from a “buy” rating to a “neutral” rating and cut their target price for the company from $105.00 to $92.00 in a research note on Tuesday, June 6th. The Goldman Sachs Group started coverage on American Electric Power in a research note on Wednesday, June 7th. They set a “buy” rating and a $98.00 target price on the stock. Barclays began coverage on American Electric Power in a research note on Wednesday, August 23rd. They set an “overweight” rating and a $88.00 target price on the stock. Finally, Guggenheim lowered their price target on American Electric Power from $105.00 to $96.00 in a research report on Friday, July 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, American Electric Power has an average rating of “Hold” and an average target price of $94.97. Read more …
MetLife (NYSE:MET) was upgraded by stock analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research note issued on Wednesday, MarketBeat reports. The firm currently has a $72.00 target price on the financial services provider’s stock, up from their prior target price of $58.00. Jefferies Financial Group’s price target points to a potential upside of 9.21% from the stock’s previous close.
Other analysts have also recently issued research reports about the stock. Argus raised their price objective on shares of MetLife from $70.00 to $77.00 and gave the stock a “buy” rating in a report on Monday, August 14th. StockNews.com began coverage on shares of MetLife in a research report on Thursday, August 17th. They issued a “hold” rating for the company. Wells Fargo & Company raised their price objective on MetLife from $82.00 to $83.00 and gave the stock an “overweight” rating in a report on Tuesday, August 15th. TheStreet raised MetLife from a “c+” rating to a “b-” rating in a report on Thursday, August 10th. Finally, Royal Bank of Canada raised their price target on MetLife from $70.00 to $74.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, MetLife has a consensus rating of “Moderate Buy” and a consensus price target of $76.40. Read more …
National Fuel Gas (NYSE:NFG) was upgraded by stock analysts at Scotiabank from a “sector perform” rating to a “sector outperform” rating in a research note issued on Wednesday, Marketbeat.com reports. The firm presently has a $68.00 price target on the oil and gas producer’s stock. Scotiabank’s price target suggests a potential upside of 25.05% from the company’s previous close.
NFG has been the topic of a number of other research reports. StockNews.com cut shares of National Fuel Gas from a “hold” rating to a “sell” rating in a research report on Friday, August 25th. Argus decreased their price objective on National Fuel Gas from $76.00 to $58.00 in a report on Wednesday, May 24th. Finally, The Goldman Sachs Group dropped their target price on National Fuel Gas from $60.00 to $54.00 in a report on Wednesday, May 24th.
Shares of National Fuel Gas stock opened at $54.38 on Wednesday. The firm has a market capitalization of $4.99 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 0.93 and a beta of 0.67. The company has a current ratio of 0.61, a quick ratio of 0.52 and a debt-to-equity ratio of 0.81. National Fuel Gas has a 12 month low of $48.89 and a 12 month high of $72.24. The business’s 50-day moving average price is $52.71 and its 200-day moving average price is $53.55. Read more …
Prudential Financial (NYSE:PRU) was upgraded by research analysts at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a note issued to investors on Wednesday, MarketBeat reports. The firm presently has a $93.00 price objective on the financial services provider’s stock, up from their prior price objective of $70.00. Jefferies Financial Group’s price target indicates a potential downside of 6.20% from the company’s previous close.
Other equities analysts have also recently issued reports about the stock. Raymond James upgraded shares of Prudential Financial from a “market perform” rating to a “strong-buy” rating and set a $125.00 price target for the company in a research report on Thursday, August 24th. Piper Sandler lifted their target price on Prudential Financial from $95.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, August 3rd. Barclays increased their price target on Prudential Financial from $91.00 to $101.00 and gave the company an “equal weight” rating in a research note on Friday, August 4th. Morgan Stanley reiterated an “equal weight” rating and issued a $102.00 target price on shares of Prudential Financial in a report on Wednesday, August 2nd. Finally, Wells Fargo & Company increased their target price on shares of Prudential Financial from $89.00 to $92.00 and gave the company an “underweight” rating in a research report on Tuesday, August 15th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $102.73. Read more …
Southern (NYSE:SO) was upgraded by investment analysts at Bank of America from an “underperform” rating to a “neutral” rating in a report issued on Wednesday, MarketBeat.com reports. The brokerage presently has a $68.00 target price on the utilities provider’s stock, up from their previous target price of $67.00. Bank of America‘s price objective would suggest a potential downside of 4.09% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. StockNews.com initiated coverage on Southern in a research report on Saturday, August 19th. They issued a “sell” rating on the stock. The Goldman Sachs Group upgraded Southern from a “buy” rating to a “conviction-buy” rating in a report on Monday, July 3rd. Guggenheim reduced their price target on Southern from $79.00 to $77.00 in a report on Friday, July 7th. Barclays started coverage on Southern in a report on Wednesday, August 23rd. They set an “equal weight” rating and a $68.00 price target on the stock. Finally, Morgan Stanley reduced their price target on Southern from $69.00 to $67.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 23rd. Three investment analysts have rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $73.13. Read more …
Canadian National Railway (TSE:CNR) (NYSE:CNI) was upgraded by stock analysts at Raymond James from a “market perform” rating to an “outperform” rating in a research report issued on Thursday, BayStreet.CA reports. Raymond James also issued estimates for Canadian National Railway’s Q3 2023 earnings at $1.72 EPS, Q4 2023 earnings at $1.90 EPS, FY2023 earnings at $7.20 EPS and FY2024 earnings at $8.20 EPS.
A number of other research analysts have also recently weighed in on the company. CIBC reduced their target price on Canadian National Railway from C$177.00 to C$175.00 in a report on Wednesday, July 26th. ATB Capital reduced their price objective on Canadian National Railway from C$180.00 to C$175.00 in a research note on Thursday, July 13th. Barclays reduced their price objective on Canadian National Railway from C$165.00 to C$160.00 in a research note on Wednesday, July 26th. BMO Capital Markets reduced their price objective on Canadian National Railway from C$177.00 to C$175.00 in a research note on Wednesday, July 26th. Finally, JPMorgan Chase & Co. reduced their price objective on Canadian National Railway from C$171.00 to C$167.00 in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$169.16. Read more …
KeyCorp (NYSE:KEY) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating in a note issued to investors on Friday, FlyOnTheWall reports.
A number of other equities research analysts have also recently commented on KEY. The Goldman Sachs Group raised their target price on shares of KeyCorp from $11.50 to $13.00 and gave the stock a "buy" rating in a research note on Friday, July 21st. Morgan Stanley reissued an "equal weight" rating and set a $10.00 price target on shares of KeyCorp in a research note on Friday, July 21st. Wedbush upped their price objective on KeyCorp from $10.00 to $13.00 and gave the stock a "neutral" rating in a report on Friday, July 21st. Royal Bank of Canada reduced their price target on shares of KeyCorp from $16.00 to $14.00 in a research report on Tuesday, June 13th. Finally, Odeon Capital Group raised shares of KeyCorp from a "hold" rating to a "buy" rating and set a $11.00 price objective for the company in a research note on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $14.60. Read more …
Emerson Electric (NYSE:EMR) was upgraded by Vertical Research from a "hold" rating to a "buy" rating in a research note issued to investors on Friday, FlyOnTheWall reports.
Several other research analysts have also recently weighed in on EMR. Argus upgraded shares of Emerson Electric from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a report on Monday, August 28th. Morgan Stanley lifted their target price on Emerson Electric from $107.00 to $116.00 and gave the company an "overweight" rating in a research report on Thursday, August 3rd. Royal Bank of Canada raised their price target on shares of Emerson Electric from $103.00 to $111.00 and gave the stock an "outperform" rating in a research note on Thursday, August 3rd. Stephens reaffirmed an "overweight" rating and issued a $120.00 target price on shares of Emerson Electric in a research report on Monday, August 7th. Finally, HSBC upgraded Emerson Electric from a "hold" rating to a "buy" rating and raised their price objective for the company from $79.00 to $100.00 in a report on Wednesday, June 14th. Three research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $104.82. Read more ...
Downgrades:
Melius lowered shares of RTX (NYSE:RTX) from an overweight rating to a neutral rating in a report issued on Monday, MarketBeat.com reports. The brokerage currently has $92.00 target price on the stock.
Several other research analysts have also commented on the company. Bank of America lowered RTX from a buy rating to a neutral rating and cut their price objective for the company from $120.00 to $95.00 in a research report on Thursday, July 27th. StockNews.com initiated coverage on RTX in a report on Thursday, August 17th. They issued a buy rating for the company. Citigroup decreased their price target on RTX from $113.50 to $95.00 and set a neutral rating for the company in a report on Thursday, July 27th. Argus cut shares of RTX from a buy rating to a hold rating in a research report on Monday, July 31st. Finally, Susquehanna dropped their price target on shares of RTX from $117.00 to $110.00 in a research note on Wednesday, July 26th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and an average price target of $103.38.
Shares of NYSE RTX opened at $76.91 on Monday. RTX has a 52-week low of $75.99 and a 52-week high of $108.84. The stock has a market capitalization of $111.94 billion, a PE ratio of 20.40, a P/E/G ratio of 2.14 and a beta of 0.97. The company has a quick ratio of 0.81, a current ratio of 1.10 and a debt-to-equity ratio of 0.44. The firm has a fifty day moving average of $88.98 and a 200-day moving average of $94.68. Read more …
Monness Crespi & Hardt cut shares of Oracle (NYSE:ORCL) from a buy rating to a neutral rating in a report issued on Tuesday, MarketBeat.com reports.
Other analysts have also issued research reports about the company. The Goldman Sachs Group upgraded Oracle from a sell rating to a neutral rating and upped their price objective for the company from $75.00 to $120.00 in a report on Tuesday, June 13th. Piper Sandler restated an overweight rating and issued a $130.00 price objective on shares of Oracle in a report on Thursday, July 27th. DA Davidson cut their price objective on Oracle from $115.00 to $104.00 and set a neutral rating for the company in a report on Tuesday. Guggenheim upped their price objective on Oracle from $120.00 to $150.00 in a report on Tuesday, June 13th. Finally, Citigroup upped their price objective on Oracle from $121.00 to $138.00 and gave the company a neutral rating in a report on Monday. Twelve equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus price target of $122.48.
Shares of ORCL stock opened at $109.61 on Tuesday. The company has a debt-to-equity ratio of 55.54, a quick ratio of 0.91 and a current ratio of 0.91. Oracle has a 1 year low of $60.78 and a 1 year high of $127.54. The stock has a fifty day moving average of $117.41 and a two-hundred day moving average of $105.85. The firm has a market capitalization of $297.51 billion, a PE ratio of 35.82, a price-to-earnings-growth ratio of 3.48 and a beta of 1.00. Read more …
J. M. Smucker (NYSE:SJM) was downgraded by analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Thursday, MarketBeat reports. They currently have a $145.00 target price on the stock, down from their prior target price of $170.00. Bank of America‘s price target would indicate a potential upside of 14.33% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the company. The Goldman Sachs Group upped their target price on J. M. Smucker from $129.00 to $130.00 in a research report on Tuesday, August 29th. UBS Group decreased their price target on J. M. Smucker from $159.00 to $157.00 in a report on Wednesday, May 31st. JPMorgan Chase & Co. dropped their price objective on shares of J. M. Smucker from $153.00 to $137.00 and set a “neutral” rating on the stock in a research note on Tuesday. Barclays decreased their target price on shares of J. M. Smucker from $165.00 to $160.00 in a research note on Thursday, June 8th. Finally, TheStreet downgraded shares of J. M. Smucker from an “a-” rating to a “c+” rating in a research note on Tuesday, June 6th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $149.93. Read more …
Truist Financial (NYSE:TFC) was downgraded by equities research analysts at Piper Sandler from an "overweight" rating to a "neutral" rating in a report issued on Friday, Marketbeat Ratings reports. They presently have a $32.00 target price on the insurance provider's stock, down from their previous target price of $36.00. Piper Sandler's target price suggests a potential upside of 8.77% from the company's current price.
Other research analysts also recently issued research reports about the company. Stephens reduced their price target on Truist Financial from $40.00 to $37.00 and set an "equal weight" rating on the stock in a report on Monday, July 24th. Royal Bank of Canada reiterated an "outperform" rating and set a $40.00 target price on shares of Truist Financial in a report on Tuesday. Citigroup reduced their target price on Truist Financial from $41.00 to $39.00 and set a "buy" rating on the stock in a report on Monday, July 24th. Odeon Capital Group downgraded Truist Financial from a "buy" rating to a "hold" rating and set a $32.75 target price on the stock. in a report on Friday, June 16th. Finally, Jefferies Financial Group downgraded Truist Financial from a "buy" rating to a "hold" rating and reduced their target price for the stock from $37.00 to $32.00 in a report on Tuesday, July 11th. Thirteen research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $39.83. Read more …
Archive of Upgrades and Downgrades
Comments
Post a Comment