Upgrades:
Wells Fargo & Company upgraded shares of L3Harris Technologies (NYSE:LHX) from an equal weight rating to an overweight rating in a report published on Monday morning, MarketBeat.com reports. They currently have $209.00 price objective on the stock, up from their previous price objective of $204.00.
Other equities research analysts have also issued reports about the stock. Sanford C. Bernstein lowered shares of L3Harris Technologies from an outperform rating to a market perform rating and lowered their price target for the company from $239.00 to $210.00 in a report on Monday, August 28th. Royal Bank of Canada reiterated an outperform rating and set a $240.00 price target on shares of L3Harris Technologies in a report on Friday, August 18th. Jefferies Financial Group lowered their price target on shares of L3Harris Technologies from $260.00 to $250.00 and set a buy rating for the company in a report on Monday, July 31st. Citigroup started coverage on shares of L3Harris Technologies in a report on Monday, September 11th. They set a buy rating and a $193.00 price target for the company. Finally, Bank of America decreased their price objective on shares of L3Harris Technologies from $230.00 to $210.00 and set a neutral rating for the company in a report on Wednesday, August 2nd. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, L3Harris Technologies currently has an average rating of Moderate Buy and an average target price of $229.36. Read more …
Wells Fargo & Company upgraded shares of Lockheed Martin (NYSE:LMT) from an underweight rating to an equal weight rating in a research report released on Monday, MarketBeat reports. They currently have $440.00 price target on the aerospace company’s stock.
A number of other research analysts have also weighed in on LMT. Citigroup dropped their price objective on Lockheed Martin from $579.00 to $555.00 in a report on Wednesday, July 19th. Susquehanna lowered their target price on Lockheed Martin from $575.00 to $550.00 and set a positive rating on the stock in a report on Wednesday, July 19th. StockNews.com began coverage on Lockheed Martin in a report on Thursday, August 17th. They issued a buy rating on the stock. Royal Bank of Canada lowered their target price on Lockheed Martin from $500.00 to $475.00 and set a sector perform rating on the stock in a report on Wednesday, July 19th. Finally, Morgan Stanley reissued an equal weight rating and issued a $532.00 target price on shares of Lockheed Martin in a report on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of Hold and an average target price of $499.43. Read more …
Truist Financial (NYSE:TFC) was upgraded by Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research report issued on Wednesday, MarketBeat reports. The firm currently has a $36.00 target price on the insurance provider’s stock, down from their prior target price of $37.00. Keefe, Bruyette & Woods’ target price points to a potential upside of 27.82% from the company’s previous close.
Several other equities analysts also recently weighed in on the stock. Barclays cut their price target on shares of Truist Financial from $44.00 to $40.00 in a report on Tuesday, June 27th. HSBC began coverage on Truist Financial in a research report on Thursday, September 7th. They issued a “hold” rating and a $29.00 price objective on the stock. Jefferies Financial Group lowered Truist Financial from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $37.00 to $32.00 in a research report on Tuesday, July 11th. Wells Fargo & Company lowered their price objective on Truist Financial from $42.00 to $40.00 and set an “overweight” rating on the stock in a research report on Friday, July 21st. Finally, Morgan Stanley lowered their price objective on Truist Financial from $42.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Friday, July 21st. Twelve 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 stock presently has a consensus rating of “Hold” and an average price target of $39.36. Read more …
New Jersey Resources (NYSE:NJR) was upgraded by equities researchers at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a note issued to investors on Thursday, FlyOnTheWall reports.
Other equities analysts also recently issued research reports about the company. Wells Fargo & Company cut their price objective on New Jersey Resources from $52.00 to $47.00 and set an "equal weight" rating on the stock in a research report on Friday, August 4th. Mizuho decreased their price target on New Jersey Resources from $51.00 to $49.00 in a research note on Thursday, July 27th. Finally, StockNews.com started coverage on New Jersey Resources in a research note on Thursday, August 17th. They issued a "sell" rating for the company.
NYSE:NJR opened at $42.17 on Thursday. The stock's fifty day moving average is $43.69 and its 200 day moving average is $48.00. New Jersey Resources has a fifty-two week low of $38.07 and a fifty-two week high of $55.84. The firm has a market capitalization of $4.11 billion, a PE ratio of 14.54, a PEG ratio of 2.62 and a beta of 0.63. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.50 and a current ratio of 0.78. Read more …
Louisiana-Pacific (NYSE:LPX) was upgraded by research analysts at TD Securities from a “hold” rating to a “buy” rating in a report issued on Wednesday, Marketbeat Ratings reports. The brokerage presently has a $78.00 target price on the building manufacturing company’s stock. TD Securities’ price objective suggests a potential upside of 37.57% from the stock’s current price. The analysts noted that the move was a valuation call.
LPX has been the topic of several other research reports. Truist Financial lowered their target price on shares of Louisiana-Pacific from $82.00 to $79.00 and set a “buy” rating on the stock in a report on Thursday, August 3rd. Bank of America boosted their price target on shares of Louisiana-Pacific from $58.00 to $60.00 in a research report on Monday, July 10th. DA Davidson upgraded shares of Louisiana-Pacific from a “neutral” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Wednesday, August 23rd. StockNews.com started coverage on shares of Louisiana-Pacific in a research report on Thursday, August 17th. They issued a “sell” rating on the stock. Finally, Royal Bank of Canada reduced their price target on shares of Louisiana-Pacific from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $76.00. Read more …
Downgrades:
Mizuho lowered shares of Federal Realty Investment Trust (NYSE:FRT) from a buy rating to a neutral rating in a research report released on Monday morning, MarketBeat.com reports. Mizuho currently has $101.00 target price on the real estate investment trust’s stock, down from their previous target price of $105.00.
A number of other analysts have also recently issued reports on FRT. Piper Sandler raised Federal Realty Investment Trust from a neutral rating to an overweight rating and set a $111.00 price objective for the company in a research report on Thursday, June 29th. They noted that the move was a valuation call. Wells Fargo & Company boosted their price target on Federal Realty Investment Trust from $93.00 to $103.00 and gave the stock an equal weight rating in a research report on Friday, August 11th. Bank of America reduced their price target on Federal Realty Investment Trust from $125.00 to $124.00 and set a buy rating for the company in a research report on Tuesday, August 22nd. Raymond James cut Federal Realty Investment Trust from a strong-buy rating to an outperform rating and reduced their price target for the stock from $115.00 to $104.00 in a research report on Tuesday, September 5th. Finally, StockNews.com assumed coverage on Federal Realty Investment Trust in a research report on Thursday, August 17th. They issued a hold rating for the company. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Federal Realty Investment Trust presently has an average rating of Hold and a consensus target price of $112.17. Read more …
TD Cowen cut shares of Starbucks (NASDAQ:SBUX) from an outperform rating to a market perform rating in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. They currently have $107.00 target price on the coffee company’s stock, down from their previous target price of $117.00.
SBUX has been the topic of a number of other reports. Morgan Stanley restated an equal weight rating and issued a $104.00 target price on shares of Starbucks in a report on Wednesday, August 2nd. StockNews.com started coverage on Starbucks in a research report on Thursday, August 17th. They set a buy rating on the stock. Stephens reaffirmed an equal weight rating and issued a $110.00 price objective on shares of Starbucks in a research note on Wednesday, August 2nd. Wells Fargo & Company cut their target price on Starbucks from $125.00 to $120.00 and set an overweight rating on the stock in a research report on Wednesday, July 19th. Finally, Bank of America raised their price target on Starbucks from $131.00 to $150.00 and gave the stock a buy rating in a research report on Friday, July 21st. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus target price of $114.76. Read more …
JPMorgan Chase & Co. lowered shares of Dollar General (NYSE:DG) from a neutral rating to an underweight rating in a research report report published on Wednesday morning, Marketbeat reports. The brokerage currently has $116.00 price objective on the stock, down from their previous price objective of $132.00.
DG has been the topic of several other reports. VNET Group reiterated a maintains rating on shares of Dollar General in a report on Friday, June 2nd. Edward Jones upgraded shares of Dollar General from a hold rating to a buy rating in a report on Wednesday, August 23rd. Telsey Advisory Group cut shares of Dollar General from an outperform rating to a market perform rating and dropped their target price for the stock from $185.00 to $145.00 in a report on Friday, September 1st. Piper Jaffray Companies cut shares of Dollar General from an overweight rating to a neutral rating in a report on Friday, June 2nd. Finally, The Goldman Sachs Group dropped their target price on shares of Dollar General from $216.00 to $160.00 and set a buy rating on the stock in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus price target of $158.68. Read more …
Archive of Upgrades and Downgrades
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