Notable Analyst Upgrades and Downgrades for Week of October 16 2023

 


 

Upgrades:



The Goldman Sachs Group upgraded shares of D.R. Horton (NYSE:DHI) from a neutral rating to a buy rating in a research report report published on Monday, MarketBeat reports. The Goldman Sachs Group currently has $131.00 price target on the construction company’s stock, down from their previous price target of $132.00.

Other equities research analysts also recently issued research reports about the company. Keefe, Bruyette & Woods raised their price objective on D.R. Horton from $125.00 to $142.00 and gave the company a market perform rating in a report on Tuesday, July 25th. Wedbush reissued a neutral rating and set a $115.00 price objective on shares of D.R. Horton in a report on Wednesday, September 13th. StockNews.com initiated coverage on D.R. Horton in a report on Thursday, October 5th. They set a hold rating on the stock. JMP Securities lifted their target price on D.R. Horton from $130.00 to $140.00 and gave the stock an outperform rating in a report on Friday, July 21st. Finally, Barclays cut their target price on D.R. Horton from $150.00 to $130.00 and set an overweight rating on the stock in a report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, D.R. Horton currently has an average rating of Moderate Buy and an average price target of $136.25. Read more …



UBS Group upgraded shares of UnitedHealth Group (NYSE:UNH) from a neutral rating to a buy rating in a report released on Monday morning, MarketBeat Ratings reports. They currently have $640.00 price objective on the healthcare conglomerate’s stock, up from their previous price objective of $520.00.

Other equities research analysts have also issued reports about the stock. StockNews.com raised shares of UnitedHealth Group from a buy rating to a strong-buy rating in a report on Friday. Sanford C. Bernstein raised shares of UnitedHealth Group from a market perform rating to an outperform rating and lifted their price target for the company from $595.00 to $603.00 in a report on Tuesday, July 18th. TD Cowen decreased their price target on shares of UnitedHealth Group from $562.00 to $555.00 and set an outperform rating on the stock in a report on Monday, July 17th. Morgan Stanley reissued an overweight rating and set a $587.00 target price on shares of UnitedHealth Group in a report on Friday, July 14th. Finally, Royal Bank of Canada reduced their target price on shares of UnitedHealth Group from $592.00 to $572.00 and set an outperform rating on the stock in a report on Monday, July 17th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Buy and a consensus target price of $580.57. Read more …



Stifel Nicolaus upgraded shares of Colgate-Palmolive (NYSE:CL) from a hold rating to a buy rating in a research report report published on Monday, MarketBeat reports. Stifel Nicolaus currently has $81.00 target price on the stock, down from their previous target price of $85.00.

Several other equities research analysts have also recently issued reports on the stock. HSBC initiated coverage on shares of Colgate-Palmolive in a research report on Friday, September 22nd. They issued a buy rating and a $84.00 price target for the company. Sanford C. Bernstein reduced their price target on shares of Colgate-Palmolive from $82.00 to $76.00 in a research report on Thursday, October 12th. Barclays reduced their price target on shares of Colgate-Palmolive from $81.00 to $73.00 and set an equal weight rating for the company in a research report on Thursday, October 12th. StockNews.com started coverage on shares of Colgate-Palmolive in a research report on Thursday, October 5th. They issued a hold rating for the company. Finally, Citigroup dropped their price objective on shares of Colgate-Palmolive from $92.00 to $85.00 and set a buy rating on the stock in a research note on Wednesday, October 11th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $83.14. Read more …




Jefferies Financial Group upgraded shares of Pfizer (NYSE:PFE) from a hold rating to a buy rating in a research note issued to investors on Monday, Marketbeat.com reports. They currently have $39.00 price objective on the biopharmaceutical company’s stock, up from their previous price objective of $38.00.

A number of other research analysts also recently issued reports on the company. Truist Financial reiterated a buy rating and set a $62.00 price objective on shares of Pfizer in a research note on Wednesday, September 13th. BMO Capital Markets decreased their price objective on Pfizer from $45.00 to $44.00 and set an outperform rating on the stock in a report on Wednesday, August 2nd. Morgan Stanley decreased their price objective on Pfizer from $42.00 to $40.00 and set an equal weight rating on the stock in a report on Wednesday, August 2nd. JPMorgan Chase & Co. decreased their price objective on Pfizer from $39.00 to $36.00 and set a neutral rating on the stock in a report on Friday, October 6th. Finally, HSBC started coverage on Pfizer in a report on Friday, July 14th. They set a buy rating and a $50.00 price objective on the stock. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $44.11. Read more …



Scotiabank upgraded shares of Southern (NYSE:SO) from a sector perform rating to a sector outperform rating in a report published on Monday morning, Marketbeat.com reports. They currently have $78.00 target price on the utilities provider’s stock.

Several other brokerages have also commented on SO. The Goldman Sachs Group upgraded Southern from a buy rating to a conviction-buy rating in a research report on Monday, July 3rd. StockNews.com initiated coverage on Southern in a research note on Thursday, October 5th. They set a sell rating on the stock. Wells Fargo & Company dropped their price target on Southern from $75.00 to $74.00 in a research note on Friday, August 4th. Morgan Stanley upped their price target on Southern from $67.00 to $69.00 and gave the stock an equal weight rating in a research note on Thursday, September 21st. Finally, Bank of America raised Southern from an underperform rating to a neutral rating and upped their price target for the stock from $67.00 to $68.00 in a research note on Wednesday, September 13th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of Hold and an average price target of $73.00. Read more …



Wells Fargo & Company upgraded shares of Consolidated Edison (NYSE:ED) from an underweight rating to an equal weight rating in a report released on Tuesday, Marketbeat Ratings reports. Wells Fargo & Company currently has $94.00 price target on the utilities provider’s stock, down from their previous price target of $96.00.

Other equities research analysts also recently issued research reports about the company. StockNews.com initiated coverage on Consolidated Edison in a research report on Thursday, October 5th. They set a hold rating on the stock. Argus lowered their price target on Consolidated Edison from $104.00 to $93.00 in a report on Wednesday, October 4th. Bank of America lowered their price target on Consolidated Edison from $103.00 to $96.00 and set a buy rating for the company in a report on Wednesday, August 16th. Royal Bank of Canada lowered their price target on Consolidated Edison from $97.00 to $92.00 and set a sector perform rating for the company in a report on Wednesday, September 6th. Finally, KeyCorp raised their price target on Consolidated Edison from $70.00 to $77.00 in a report on Wednesday, July 19th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, Consolidated Edison presently has a consensus rating of Hold and an average price target of $88.79. Read more …




Wells Fargo & Company upgraded shares of Air Products and Chemicals (NYSE:APD) from an equal weight rating to an overweight rating in a research report sent to investors on Tuesday, MarketBeat.com reports. The brokerage currently has $345.00 price target on the basic materials company’s stock, up from their previous price target of $307.00.

A number of other research analysts have also issued reports on APD. Jefferies Financial Group upped their target price on shares of Air Products and Chemicals from $300.00 to $310.00 and gave the company a hold rating in a report on Tuesday, September 26th. Citigroup upped their price target on Air Products and Chemicals from $328.00 to $340.00 and gave the stock a buy rating in a report on Wednesday, October 4th. Mizuho increased their target price on Air Products and Chemicals from $330.00 to $331.00 and gave the company a buy rating in a research note on Thursday, October 5th. Finally, StockNews.com initiated coverage on Air Products and Chemicals in a research note on Thursday, October 5th. They set a hold rating for the company. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Air Products and Chemicals has an average rating of Moderate Buy and a consensus target price of $326.93. Read more …



LyondellBasell Industries (NYSE:LYB) was upgraded by Bank of America from an “underperform” rating to a “neutral” rating in a note issued to investors on Wednesday, Marketbeat.com reports. The brokerage currently has a $107.00 price objective on the specialty chemicals company’s stock, up from their prior price objective of $99.00. Bank of America‘s price objective would indicate a potential upside of 15.34% from the stock’s previous close.

Other equities analysts also recently issued research reports about the company. 888 reiterated a “maintains” rating on shares of LyondellBasell Industries in a report on Thursday, June 29th. Wells Fargo & Company boosted their price objective on shares of LyondellBasell Industries from $100.00 to $109.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 8th. Morgan Stanley reaffirmed an “overweight” rating and set a $100.00 target price on shares of LyondellBasell Industries in a research note on Wednesday, July 19th. Citigroup raised LyondellBasell Industries from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $104.00 to $106.00 in a research report on Tuesday, October 3rd. Finally, Barclays reduced their price objective on LyondellBasell Industries from $100.00 to $95.00 in a research report on Tuesday, July 11th. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, LyondellBasell Industries has a consensus rating of “Moderate Buy” and a consensus price target of $102.07. Read more …



Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) was upgraded by research analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. The firm currently has a $33.00 target price on the utilities provider’s stock. National Bank Financial’s price target would suggest a potential upside of 39.59% from the stock’s current price.

BIP has been the topic of several other reports. Wells Fargo & Company lowered their price objective on shares of Brookfield Infrastructure Partners from $37.00 to $35.00 and set an “overweight” rating on the stock in a research note on Friday, September 22nd. StockNews.com assumed coverage on shares of Brookfield Infrastructure Partners in a research note on Thursday, October 5th. They set a “hold” rating on the stock. TD Securities boosted their price objective on shares of Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, August 4th. Raymond James raised shares of Brookfield Infrastructure Partners from an “outperform” rating to a “strong-buy” rating and set a $45.00 target price for the company in a report on Monday, September 25th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $44.00 target price on shares of Brookfield Infrastructure Partners in a report on Wednesday, August 30th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $40.88. Read more …




Best Buy (NYSE:BBY) was upgraded by The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a $85.00 price objective on the technology retailer’s stock, up from their previous price objective of $79.00. The Goldman Sachs Group’s price target indicates a potential upside of 23.76% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. StockNews.com started coverage on Best Buy in a report on Thursday, October 5th. They set a “hold” rating on the stock. Citigroup raised their price objective on Best Buy from $62.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Guggenheim restated a “buy” rating and set a $86.00 price objective on shares of Best Buy in a report on Wednesday, August 30th. Telsey Advisory Group raised their price objective on Best Buy from $78.00 to $85.00 and gave the stock a “buy” rating in a report on Wednesday, August 30th. Finally, DA Davidson raised their price objective on Best Buy from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, August 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $80.67. Read more …



Xylem (NYSE:XYL) was upgraded by analysts at Oppenheimer from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, MarketBeat reports. The brokerage presently has a $118.00 price objective on the industrial products company’s stock. Oppenheimer’s price target points to a potential upside of 28.53% from the stock’s previous close.

A number of other research analysts also recently issued reports on XYL. 888 reiterated an “initiates” rating on shares of Xylem in a report on Thursday, June 29th. Royal Bank of Canada reduced their price target on Xylem from $133.00 to $129.00 and set an “outperform” rating for the company in a research report on Thursday, August 3rd. Melius raised Xylem from a “hold” rating to a “buy” rating and set a $122.00 price objective for the company in a research report on Monday, October 2nd. Deutsche Bank Aktiengesellschaft started coverage on Xylem in a research report on Wednesday, June 28th. They issued a “hold” rating and a $121.00 price objective for the company. Finally, Seaport Res Ptn reaffirmed a “neutral” rating on shares of Xylem in a research report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $117.07. Read more …



PepsiCo (NASDAQ:PEP) was upgraded by research analysts at DZ Bank from a “hold” rating to a “buy” rating in a report issued on Thursday, MarketBeat reports. The brokerage presently has a $187.00 price target on the stock. DZ Bank’s target price suggests a potential upside of 16.88% from the company’s current price.

Several other equities research analysts have also recently issued reports on the company. StockNews.com upgraded PepsiCo from a “hold” rating to a “buy” rating in a report on Friday, October 13th. Deutsche Bank Aktiengesellschaft boosted their target price on PepsiCo from $193.00 to $195.00 in a report on Friday, July 14th. Citigroup lowered their target price on PepsiCo from $200.00 to $180.00 and set a “neutral” rating on the stock in a report on Wednesday, October 11th. Barclays boosted their target price on PepsiCo from $179.00 to $181.00 and gave the stock an “overweight” rating in a report on Thursday, October 12th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $180.00 target price on shares of PepsiCo in a report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, PepsiCo currently has an average rating of “Hold” and an average price target of $183.14. Read more …




Union Pacific (NYSE:UNP) was upgraded by research analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued on Friday, MarketBeat reports. The firm currently has a $235.00 target price on the railroad operator’s stock, up from their previous target price of $223.00. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 11.20% from the stock’s previous close.

Several other brokerages also recently issued reports on UNP. Stifel Nicolaus decreased their target price on Union Pacific from $233.00 to $232.00 and set a “hold” rating on the stock in a research note on Tuesday, October 3rd. Bank of America reduced their price objective on Union Pacific from $265.00 to $257.00 and set a “buy” rating on the stock in a research note on Monday, September 25th. Benchmark lifted their price objective on Union Pacific from $230.00 to $264.00 in a research note on Thursday, July 27th. Wells Fargo & Company lifted their price objective on Union Pacific from $200.00 to $245.00 in a research note on Thursday, July 27th. Finally, Susquehanna reduced their price objective on Union Pacific from $240.00 to $220.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 3rd. Ten analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $237.08. Read more …



Merck & Co., Inc. (NYSE:MRK) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued on Friday, Briefing.com reports. The brokerage presently has a $122.00 target price on the stock, up from their prior target price of $117.00. UBS Group’s target price suggests a potential upside of 18.83% from the company’s previous close.

Several other brokerages also recently issued reports on MRK. Cantor Fitzgerald reiterated an “overweight” rating and issued a $135.00 price target on shares of Merck & Co., Inc. in a report on Monday, October 2nd. Morgan Stanley lowered their price target on Merck & Co., Inc. from $116.00 to $115.00 and set an “equal weight” rating for the company in a report on Wednesday, October 11th. StockNews.com started coverage on Merck & Co., Inc. in a report on Thursday, October 5th. They issued a “buy” rating for the company. BMO Capital Markets increased their price target on Merck & Co., Inc. from $102.00 to $113.00 in a report on Tuesday, July 18th. Finally, HSBC started coverage on Merck & Co., Inc. in a report on Friday, July 14th. They issued a “hold” rating and a $123.00 price target for the company. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $124.55. Read more …



Downgrades:



Scotiabank downgraded shares of Eversource Energy (NYSE:ES) from a sector outperform rating to a sector perform rating in a research note released on Monday morning, MarketBeat.com reports. The brokerage currently has $60.00 target price on the utilities provider’s stock.

ES has been the topic of several other reports. Barclays began coverage on shares of Eversource Energy in a report on Wednesday, August 23rd. They set an equal weight rating and a $72.00 target price on the stock. UBS Group reduced their price target on shares of Eversource Energy from $67.00 to $61.00 and set a neutral rating on the stock in a research report on Wednesday, October 4th. Mizuho reduced their price target on shares of Eversource Energy from $79.00 to $73.00 in a research report on Friday, July 28th. Morgan Stanley increased their price target on shares of Eversource Energy from $75.00 to $78.00 and gave the stock an equal weight rating in a research report on Thursday, September 21st. Finally, Citigroup reduced their price target on shares of Eversource Energy from $86.00 to $80.00 in a research report on Sunday, July 16th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of Hold and a consensus target price of $74.58. Read more …




Royal Bank of Canada cut shares of Crown Castle (NYSE:CCI) from an outperform rating to a sector perform rating in a research report sent to investors on Monday morning, MarketBeat reports. The firm currently has $100.00 target price on the real estate investment trust’s stock, down from their prior target price of $125.00.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. dropped their price target on shares of Crown Castle from $140.00 to $112.00 and set a neutral rating on the stock in a research note on Wednesday, September 27th. BMO Capital Markets lowered their target price on shares of Crown Castle from C$113.00 to C$106.00 and set an underperform rating on the stock in a research report on Thursday, July 20th. Argus started coverage on shares of Crown Castle in a research report on Wednesday, August 2nd. They set a buy rating and a $140.00 target price on the stock. Bank of America lowered shares of Crown Castle from a buy rating to a neutral rating and set a $115.00 target price on the stock. in a research report on Thursday, August 10th. Finally, StockNews.com started coverage on shares of Crown Castle in a research report on Thursday, October 5th. They set a hold rating on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of Hold and a consensus price target of $132.05. Read more …



JPMorgan Chase & Co. cut shares of Cummins (NYSE:CMI) from a neutral rating to an underweight rating in a research report released on Monday morning, Marketbeat.com reports. They currently have $255.00 price target on the stock, down from their prior price target of $270.00.

Several other research analysts also recently commented on CMI. The Goldman Sachs Group boosted their target price on Cummins from $241.00 to $270.00 and gave the stock a neutral rating in a report on Friday, August 4th. StockNews.com started coverage on Cummins in a report on Thursday, October 5th. They set a buy rating on the stock. Bank of America reduced their price objective on Cummins from $273.00 to $264.00 in a report on Wednesday, October 11th. Citigroup upped their price objective on Cummins from $265.00 to $290.00 and gave the stock a buy rating in a report on Tuesday, July 18th. Finally, Credit Suisse Group reduced their price objective on Cummins from $290.00 to $288.00 and set an outperform rating on the stock in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Cummins presently has a consensus rating of Hold and a consensus price target of $264.50. Read more …



Sanford C. Bernstein cut shares of EOG Resources (NYSE:EOG) from an outperform rating to a market perform rating in a report published on Tuesday, MarketBeat reports. Sanford C. Bernstein currently has $146.00 price target on the energy exploration company’s stock, down from their previous price target of $155.00.

A number of other research analysts have also weighed in on the stock. Wells Fargo & Company reduced their price objective on shares of EOG Resources from $154.00 to $152.00 and set an overweight rating for the company in a research note on Friday, September 1st. UBS Group lifted their price objective on shares of EOG Resources from $164.00 to $165.00 and gave the company a buy rating in a research note on Wednesday, October 4th. Mizuho lifted their price objective on shares of EOG Resources from $155.00 to $157.00 and gave the company a buy rating in a research note on Monday, September 18th. Evercore ISI cut their price target on shares of EOG Resources from $115.00 to $113.00 in a report on Monday, July 10th. Finally, Jefferies Financial Group raised their price target on shares of EOG Resources from $141.00 to $147.00 and gave the company a buy rating in a report on Monday, August 28th. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus target price of $149.88. Read more …




Enbridge (NYSE:ENB) (TSE:ENB) was downgraded by equities researchers at Wolfe Research from a “peer perform” rating to an “underperform” rating in a report released on Tuesday, MarketBeat reports.

A number of other research firms have also issued reports on ENB. Scotiabank initiated coverage on shares of Enbridge in a report on Monday, September 11th. They set a “sector perform” rating for the company. CIBC increased their price target on shares of Enbridge from $63.00 to $64.00 and gave the stock an “outperformer” rating in a research report on Monday, September 11th. Wells Fargo & Company cut shares of Enbridge from an “overweight” rating to an “equal weight” rating in a report on Wednesday, September 6th. StockNews.com initiated coverage on shares of Enbridge in a report on Thursday, October 5th. They issued a “hold” rating on the stock. Finally, TD Securities dropped their price target on shares of Enbridge from $62.00 to $58.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Enbridge has a consensus rating of “Hold” and an average price target of $57.13. Read more …



Westlake (NYSE:WLK) was downgraded by stock analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research report issued on Wednesday, MarketBeat reports. They currently have a $129.00 price objective on the specialty chemicals company’s stock, down from their previous price objective of $142.00. Bank of America‘s target price would indicate a potential upside of 9.34% from the company’s current price.

Other research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft increased their price target on Westlake from $130.00 to $140.00 and gave the stock a “hold” rating in a report on Monday, August 7th. Morgan Stanley restated an “equal weight” rating and set a $110.00 price objective on shares of Westlake in a report on Wednesday, July 19th. Barclays upped their target price on shares of Westlake from $130.00 to $135.00 and gave the stock an “equal weight” rating in a report on Monday, August 7th. JPMorgan Chase & Co. lowered Westlake from a “neutral” rating to an “underweight” rating and boosted their price objective for the stock from $120.00 to $123.00 in a report on Tuesday, August 8th. Finally, KeyCorp upgraded Westlake from an “underweight” rating to a “sector weight” rating in a report on Tuesday, October 3rd. Five analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $128.29. Read more …



Albemarle (NYSE:ALB) was downgraded by equities research analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research report issued on Wednesday, Marketbeat Ratings reports. They currently have a $161.00 price objective on the specialty chemicals company’s stock, down from their previous price objective of $212.00. Bank of America‘s price objective would suggest a potential upside of 11.37% from the stock’s previous close.

ALB has been the subject of a number of other reports. Mizuho boosted their target price on shares of Albemarle from $225.00 to $227.00 and gave the stock a “neutral” rating in a research note on Friday, August 4th. Evercore ISI cut their price target on Albemarle from $295.00 to $280.00 and set an “outperform” rating on the stock in a research note on Friday, September 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $260.00 price target on shares of Albemarle in a research report on Monday, October 9th. Wells Fargo & Company lowered their price objective on shares of Albemarle from $260.00 to $210.00 and set an “overweight” rating for the company in a research report on Monday, October 9th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Albemarle from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Monday, August 7th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Albemarle has an average rating of “Hold” and an average price target of $260.80. Read more …




Sherwin-Williams (NYSE:SHW) was downgraded by analysts at Bank of America from a “neutral” rating to an “underperform” rating in a report issued on Wednesday, MarketBeat reports. They currently have a $275.00 price target on the specialty chemicals company’s stock, down from their prior price target of $300.00. Bank of America‘s target price would indicate a potential upside of 15.24% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Wells Fargo & Company dropped their price objective on Sherwin-Williams from $300.00 to $290.00 and set an “equal weight” rating on the stock in a research note on Friday, August 25th. Robert W. Baird boosted their target price on Sherwin-Williams from $275.00 to $300.00 in a report on Wednesday, July 26th. 58.com reissued an “upgrade” rating on shares of Sherwin-Williams in a report on Monday, June 26th. Evercore ISI upped their price objective on Sherwin-Williams from $300.00 to $305.00 and gave the company an “outperform” rating in a report on Friday, September 8th. Finally, BMO Capital Markets upped their price objective on Sherwin-Williams from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus price target of $279.94. Read more …



Yum! Brands (NYSE:YUM)‘s stock had its “neutral” rating reissued by Redburn Atlantic in a research note issued on Friday, MarketBeat reports. They presently have a $115.00 price objective on the restaurant operator’s stock. Redburn Atlantic’s target price points to a potential downside of 4.13% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada decreased their target price on shares of Yum! Brands from $139.00 to $138.00 and set a “sector perform” rating for the company in a research note on Thursday, August 3rd. Citigroup reduced their price objective on shares of Yum! Brands from $173.00 to $163.00 and set a “buy” rating for the company in a research report on Tuesday, October 17th. Morgan Stanley reduced their price objective on shares of Yum! Brands from $155.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, October 11th. TD Cowen reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Yum! Brands in a research report on Wednesday, September 20th. Finally, Barclays lifted their price objective on shares of Yum! Brands from $138.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 3rd. Ten investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $145.89. Read more ...



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