Notable Analyst Upgrades and Downgrades for Week of February 12, 2024

 


 

Upgrades:



Piper Sandler upgraded shares of Old Republic International (NYSE:ORI) from a neutral rating to an overweight rating in a research note released on Monday morning, Marketbeat Ratings reports. They currently have $32.00 price objective on the insurance provider’s stock.

ORI has been the subject of several other reports. Raymond James upped their price target on Old Republic International from $29.00 to $30.00 and gave the stock an outperform rating in a research note on Monday, October 30th. StockNews.com lowered shares of Old Republic International from a buy rating to a hold rating in a report on Friday, January 26th.

Shares of NYSE ORI opened at $28.71 on Monday. The firm has a market cap of $8.05 billion, a P/E ratio of 13.67 and a beta of 0.81. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.60 and a current ratio of 1.26. Old Republic International has a 1 year low of $23.31 and a 1 year high of $30.60. The firm’s 50 day moving average price is $29.05 and its 200 day moving average price is $28.08. Read more …



PepsiCo (NASDAQ:PEP) was upgraded by equities research analysts at Citigroup from a "neutral" rating to a "buy" rating in a research note issued on Monday, Briefing.com reports. The firm presently has a $195.00 price objective on the stock, up from their previous price objective of $180.00. Citigroup's price target would indicate a potential upside of 16.30% from the company's current price.

Other equities analysts have also issued reports about the stock. Barclays cut their target price on shares of PepsiCo from $181.00 to $179.00 and set an "overweight" rating for the company in a report on Tuesday, January 16th. DZ Bank upgraded PepsiCo from a "hold" rating to a "buy" rating and set a $187.00 target price on the stock in a research report on Thursday, October 19th. Deutsche Bank Aktiengesellschaft upped their price target on PepsiCo from $181.00 to $184.00 and gave the stock a "hold" rating in a report on Friday. JPMorgan Chase & Co. lowered PepsiCo from an "overweight" rating to a "neutral" rating and dropped their price objective for the company from $185.00 to $176.00 in a report on Tuesday, December 19th. Finally, Jefferies Financial Group began coverage on PepsiCo in a research report on Monday, November 13th. They set a "buy" rating and a $203.00 target price on the stock. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $187.46. Read more …



JPMorgan Chase & Co. upgraded shares of Lowe’s Companies (NYSE:LOW) from a neutral rating to an overweight rating in a report issued on Monday, Marketbeat.com reports. JPMorgan Chase & Co. currently has $265.00 target price on the home improvement retailer’s stock, up from their previous target price of $210.00.

A number of other research firms have also recently weighed in on LOW. Morgan Stanley decreased their price target on Lowe’s Companies from $255.00 to $230.00 and set an overweight rating for the company in a report on Wednesday, November 22nd. Wedbush dropped their price target on shares of Lowe’s Companies from $230.00 to $215.00 and set a neutral rating on the stock in a research note on Wednesday, November 22nd. UBS Group decreased their price objective on shares of Lowe’s Companies from $265.00 to $240.00 and set a buy rating for the company in a research report on Wednesday, November 22nd. Oppenheimer lowered Lowe’s Companies from an outperform rating to a market perform rating in a research report on Monday, January 22nd. Finally, StockNews.com raised Lowe’s Companies from a hold rating to a buy rating in a report on Thursday, November 16th. Twelve investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and a consensus price target of $242.33. Read more …



Societe Generale upgraded shares of Philip Morris International (NYSE:PM) from a sell rating to a hold rating in a research note issued to investors on Tuesday, Marketbeat reports. Societe Generale currently has $87.50 target price on the stock.

PM has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price target on Philip Morris International from $110.00 to $115.00 and gave the stock an overweight rating in a research note on Wednesday, November 29th. Redburn Atlantic started coverage on Philip Morris International in a research note on Thursday, November 16th. They set a neutral rating and a $95.00 price target for the company. Finally, UBS Group lowered Philip Morris International from a buy rating to a sell rating and decreased their price target for the stock from $105.00 to $86.50 in a research note on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $105.40. Read more …



HP (NYSE:HPQ) was upgraded by research analysts at HSBC from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The brokerage presently has a $33.00 target price on the computer maker's stock, up from their prior target price of $30.00. HSBC's target price would indicate a potential upside of 17.27% from the company's previous close.

Several other brokerages have also recently weighed in on HPQ. Citigroup upgraded HP from a "neutral" rating to a "buy" rating and lifted their price target for the company from $31.00 to $33.00 in a research report on Monday, November 13th. Edward Jones raised shares of HP from a "hold" rating to a "buy" rating in a report on Tuesday, November 7th. Morgan Stanley upgraded shares of HP from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $31.00 to $35.00 in a research report on Tuesday, December 12th. StockNews.com upgraded HP from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, December 19th. Finally, Evercore ISI upgraded HP from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $33.00 to $40.00 in a research report on Monday, December 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, HP presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.30. Read more …




Manulife Financial (NYSE:MFC) was upgraded by research analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a report issued on Thursday, Benzinga reports. The firm presently has a $35.00 target price on the financial services provider's stock, up from their prior target price of $31.00. BMO Capital Markets' target price points to a potential upside of 54.59% from the company's previous close.

Several other analysts have also commented on the company. Royal Bank of Canada raised Manulife Financial from a "sector perform" rating to an "outperform" rating in a report on Tuesday, December 12th. TheStreet upgraded Manulife Financial from a "c+" rating to a "b" rating in a research report on Thursday, December 21st. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $31.17.

Shares of MFC opened at $22.64 on Thursday. Manulife Financial has a 12 month low of $17.07 and a 12 month high of $22.82. The stock's 50 day moving average is $21.67 and its two-hundred day moving average is $19.70. The firm has a market cap of $40.89 billion, a P/E ratio of 11.32, a PEG ratio of 0.85 and a beta of 1.07. Read more …



Air Products and Chemicals (NYSE:APD) was upgraded by equities research analysts at Bank of America from a "neutral" rating to a "buy" rating in a research note issued on Thursday, Marketbeat reports. The firm presently has a $264.00 price objective on the basic materials company's stock. Bank of America's price objective suggests a potential upside of 21.70% from the stock's previous close.

Other equities analysts have also recently issued reports about the stock. Morgan Stanley cut their target price on shares of Air Products and Chemicals from $285.00 to $240.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 7th. Redburn Atlantic downgraded Air Products and Chemicals from a "buy" rating to a "sell" rating and set a $240.00 target price on the stock. in a research report on Friday, November 17th. Barclays lowered their price target on Air Products and Chemicals from $260.00 to $245.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 6th. TheStreet downgraded Air Products and Chemicals from a "b" rating to a "c+" rating in a research report on Monday, February 5th. Finally, Seaport Res Ptn lowered Air Products and Chemicals from a "buy" rating to a "neutral" rating in a research note on Tuesday, February 6th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Air Products and Chemicals currently has a consensus rating of "Hold" and an average price target of $280.38. Read more …



Eversource Energy (NYSE:ES) was upgraded by equities researchers at Mizuho from a "neutral" rating to a "buy" rating in a report issued on Thursday, Marketbeat.com reports. The firm currently has a $62.00 price objective on the utilities provider's stock, up from their prior price objective of $54.00. Mizuho's price objective suggests a potential upside of 8.66% from the company's current price.

Several other brokerages also recently issued reports on ES. Guggenheim raised shares of Eversource Energy from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $60.00 to $72.00 in a research note on Monday, January 22nd. StockNews.com upgraded Eversource Energy to a "sell" rating in a report on Thursday, January 11th. Morgan Stanley increased their target price on Eversource Energy from $66.00 to $67.00 and gave the stock an "equal weight" rating in a research note on Tuesday, November 21st. Evercore ISI lowered shares of Eversource Energy from an "outperform" rating to an "in-line" rating and lowered their target price for the company from $84.00 to $65.00 in a research note on Tuesday, November 7th. Finally, Wells Fargo & Company raised their price target on shares of Eversource Energy from $67.00 to $69.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Eversource Energy currently has an average rating of "Hold" and an average target price of $66.00. Read more …



United Parcel Service (NYSE:UPS) was upgraded by investment analysts at Robert W. Baird from a "neutral" rating to an "outperform" rating in a report released on Friday, Marketbeat Ratings reports. The brokerage presently has a $170.00 price objective on the transportation company's stock, up from their prior price objective of $165.00. Robert W. Baird's price target would suggest a potential upside of 15.64% from the stock's current price.

A number of other research analysts have also weighed in on UPS. TheStreet raised shares of United Parcel Service from a "c" rating to a "b-" rating in a research note on Tuesday, January 30th. Argus lowered shares of United Parcel Service from a "buy" rating to a "hold" rating in a research note on Wednesday, January 31st. Stifel Nicolaus raised their target price on shares of United Parcel Service from $180.00 to $190.00 and gave the stock a "buy" rating in a research note on Wednesday, January 10th. Susquehanna decreased their target price on shares of United Parcel Service from $155.00 to $150.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 31st. Finally, JPMorgan Chase & Co. reduced their price target on shares of United Parcel Service from $165.00 to $156.00 and set a "neutral" rating on the stock in a research report on Thursday, December 21st. Sixteen analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $176.95. Read more …



Downgrades:



Barclays lowered shares of Owens Corning (NYSE:OC) from an overweight rating to an equal weight rating in a research note published on Monday morning, MarketBeat Ratings reports. They currently have $160.00 price objective on the construction company’s stock, down from their prior price objective of $170.00.

A number of other equities analysts also recently issued reports on OC. The Goldman Sachs Group upped their price target on Owens Corning from $130.00 to $147.00 and gave the company a neutral rating in a report on Thursday, December 14th. Wells Fargo & Company began coverage on shares of Owens Corning in a research report on Tuesday, October 17th. They issued an equal weight rating and a $143.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on shares of Owens Corning from $116.00 to $161.00 and gave the company a neutral rating in a research report on Thursday, December 14th. Royal Bank of Canada dropped their price objective on Owens Corning from $168.00 to $155.00 and set an outperform rating on the stock in a report on Thursday, October 26th. Finally, StockNews.com raised Owens Corning from a buy rating to a strong-buy rating in a report on Thursday, October 26th. Eight investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Owens Corning has an average rating of Moderate Buy and a consensus target price of $144.80. Read more …




Morgan Stanley lowered shares of Hershey (NYSE:HSY) from an equal weight rating to an underweight rating in a research note released on Monday morning, MarketBeat Ratings reports. The brokerage currently has $183.00 target price on the stock, down from their previous target price of $191.00.

Other equities research analysts have also recently issued research reports about the stock. Wells Fargo & Company lifted their price objective on shares of Hershey from $190.00 to $210.00 and gave the company an equal weight rating in a research report on Friday. Piper Sandler downgraded shares of Hershey from an overweight rating to a neutral rating and dropped their price objective for the company from $240.00 to $200.00 in a report on Wednesday, November 29th. Barclays decreased their target price on Hershey from $212.00 to $200.00 and set an equal weight rating on the stock in a research report on Tuesday, January 16th. Citigroup started coverage on Hershey in a research note on Thursday, February 1st. They issued a neutral rating and a $213.00 price objective on the stock. Finally, DA Davidson started coverage on Hershey in a research report on Friday, December 8th. They set a neutral rating and a $205.00 target price for the company. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of Hold and an average target price of $228.33. Read more …



Duke Energy (NYSE:DUK) was downgraded by stock analysts at Bank of America from a "buy" rating to a "neutral" rating in a research report issued on Monday, MarketBeat.com reports. They presently have a $96.00 price target on the utilities provider's stock, down from their prior price target of $105.00. Bank of America's target price would suggest a potential upside of 4.70% from the company's previous close.

Other research analysts also recently issued research reports about the company. StockNews.com upgraded Duke Energy from a "sell" rating to a "hold" rating in a research note on Friday, November 3rd. JPMorgan Chase & Co. raised their target price on Duke Energy from $98.00 to $101.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 29th. Evercore ISI raised Duke Energy from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $90.00 to $108.00 in a report on Tuesday, January 23rd. Wells Fargo & Company reduced their target price on shares of Duke Energy from $103.00 to $100.00 and set an "overweight" rating on the stock in a research note on Friday. Finally, Morgan Stanley upped their target price on shares of Duke Energy from $93.00 to $95.00 and gave the company an "equal weight" rating in a research note on Tuesday, November 21st. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $99.83. Read more …



Loop Capital cut shares of FMC (NYSE:FMC) from a buy rating to a hold rating in a research report report published on Monday morning, MarketBeat.com reports. The firm currently has $55.00 target price on the basic materials company’s stock, down from their prior target price of $68.00.

Other equities analysts have also issued reports about the company. Morgan Stanley reissued an equal weight rating and set a $70.00 price target (down from $100.00) on shares of FMC in a research report on Tuesday, October 24th. Mizuho decreased their price target on shares of FMC from $59.00 to $55.00 and set a neutral rating for the company in a research report on Tuesday, February 6th. Wells Fargo & Company cut their price target on shares of FMC from $99.00 to $73.00 and set an equal weight rating on the stock in a report on Monday, October 23rd. KeyCorp decreased their price objective on shares of FMC from $80.00 to $76.00 and set an overweight rating for the company in a report on Wednesday, February 7th. Finally, BMO Capital Markets cut their target price on shares of FMC from $63.00 to $61.00 and set a market perform rating on the stock in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Hold and an average target price of $74.53. Read more …



Waste Management (NYSE:WM) was downgraded by research analysts at UBS Group from a "buy" rating to a "neutral" rating in a note issued to investors on Wednesday, Briefing.com reports. They presently have a $205.00 price target on the business services provider's stock, up from their prior price target of $190.00. UBS Group's price target would indicate a potential upside of 2.76% from the stock's current price.

Other equities research analysts also recently issued research reports about the stock. Stifel Nicolaus raised their price target on shares of Waste Management from $183.00 to $190.00 and gave the company a "buy" rating in a research report on Tuesday, December 19th. Raymond James reduced their price target on shares of Waste Management from $179.00 to $175.00 and set an "outperform" rating for the company in a research report on Thursday, October 26th. Oppenheimer raised their price target on shares of Waste Management from $184.00 to $188.00 and gave the company an "outperform" rating in a research report on Friday, January 12th. Wolfe Research initiated coverage on shares of Waste Management in a research report on Tuesday, October 17th. They issued a "peer perform" rating for the company. Finally, Royal Bank of Canada lifted their target price on shares of Waste Management from $160.00 to $163.00 and gave the stock a "sector perform" rating in a research report on Thursday, October 26th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $184.77. Read more …



Ecolab (NYSE:ECL) was downgraded by equities research analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a report released on Wednesday, Briefing.com reports. They presently have a $220.00 price objective on the basic materials company's stock, up from their previous price objective of $200.00. JPMorgan Chase & Co.'s target price points to a potential downside of 0.53% from the stock's current price.

A number of other research analysts have also commented on ECL. Bank of America raised Ecolab from an "underperform" rating to a "neutral" rating and raised their price target for the company from $185.00 to $216.00 in a report on Tuesday, January 16th. Seaport Res Ptn cut shares of Ecolab from a "buy" rating to a "neutral" rating in a research note on Monday, January 8th. StockNews.com raised shares of Ecolab from a "hold" rating to a "buy" rating in a research note on Tuesday, November 7th. Raymond James initiated coverage on shares of Ecolab in a research note on Thursday, November 30th. They set an "outperform" rating and a $210.00 price objective on the stock. Finally, Royal Bank of Canada upped their target price on Ecolab from $213.00 to $238.00 and gave the stock an "outperform" rating in a research report on Thursday, January 18th. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Ecolab presently has an average rating of "Hold" and a consensus price target of $202.63. Read more …




Comcast (NASDAQ:CMCSA) was downgraded by stock analysts at Redburn Atlantic from a "buy" rating to a "neutral" rating in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. They presently have a $44.00 price objective on the cable giant's stock, down from their prior price objective of $50.00. Redburn Atlantic's price target suggests a potential upside of 4.71% from the stock's previous close.

Several other equities research analysts have also recently weighed in on CMCSA. StockNews.com cut Comcast from a "strong-buy" rating to a "buy" rating in a report on Friday, November 10th. Pivotal Research boosted their price objective on shares of Comcast from $55.00 to $58.00 and gave the company a "buy" rating in a research report on Wednesday, December 13th. Barclays cut their target price on shares of Comcast from $47.00 to $44.00 and set an "equal weight" rating on the stock in a research note on Monday, October 30th. Wells Fargo & Company raised their price objective on shares of Comcast from $45.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, January 26th. Finally, Rosenblatt Securities increased their target price on Comcast from $44.00 to $46.00 and gave the stock a "neutral" rating in a research report on Friday, December 22nd. Ten research analysts have rated the stock with a hold rating and eleven have issued 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 $49.67. Read more ...



NIKE (NYSE:NKE) was downgraded by analysts at Oppenheimer from an "outperform" rating to a "market perform" rating in a report released on Friday, Marketbeat Ratings reports. They currently have a $110.00 target price on the footwear maker's stock. Oppenheimer's target price indicates a potential upside of 3.74% from the company's current price.

NKE has been the subject of several other reports. Evercore ISI assumed coverage on NIKE in a report on Tuesday, November 7th. They set an "outperform" rating and a $124.00 target price for the company. Truist Financial upped their target price on NIKE from $107.00 to $111.00 and gave the company a "hold" rating in a report on Thursday, December 28th. DZ Bank raised NIKE from a "hold" rating to a "buy" rating and set a $130.00 target price for the company in a report on Tuesday, December 12th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $139.00 target price on shares of NIKE in a report on Tuesday, December 5th. Finally, Raymond James increased their price objective on NIKE from $121.00 to $130.00 and gave the stock an "outperform" rating in a report on Tuesday, December 19th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $122.24. Read more ...



American Water Works (NYSE:AWK) was downgraded by research analysts at Evercore ISI from an "outperform" rating to an "in-line" rating in a research report issued on Friday, Marketbeat Ratings reports. They currently have a $135.00 price objective on the utilities provider's stock, down from their previous price objective of $160.00. Evercore ISI's price objective would suggest a potential upside of 8.62% from the company's previous close.

Separately, Mizuho lifted their target price on American Water Works from $134.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, November 7th.

NYSE:AWK opened at $124.29 on Friday. American Water Works has a 12-month low of $114.25 and a 12-month high of $153.43. The company has a quick ratio of 0.97, a current ratio of 1.03 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $24.20 billion, a P/E ratio of 25.42, a P/E/G ratio of 3.01 and a beta of 0.65. The stock's fifty day simple moving average is $128.48 and its 200-day simple moving average is $130.06. Read more …



Digital Realty Trust (NYSE:DLR) was downgraded by investment analysts at Scotiabank from a "sector outperform" rating to a "sector perform" rating in a research report issued on Friday, Briefing.com reports. They currently have a $157.00 price target on the real estate investment trust's stock. Scotiabank's price objective would indicate a potential upside of 5.62% from the stock's current price.

A number of other equities research analysts have also commented on DLR. Wells Fargo & Company raised their price objective on shares of Digital Realty Trust from $125.00 to $135.00 and gave the stock an "equal weight" rating in a report on Thursday, February 8th. Citigroup raised their target price on shares of Digital Realty Trust from $136.00 to $154.00 and gave the company a "buy" rating in a research report on Friday, December 8th. Barclays raised their target price on shares of Digital Realty Trust from $97.00 to $110.00 and gave the company an "underweight" rating in a research report on Wednesday, January 24th. KeyCorp initiated coverage on shares of Digital Realty Trust in a research report on Wednesday, December 6th. They issued a "sector weight" rating for the company. Finally, HSBC began coverage on shares of Digital Realty Trust in a research report on Friday, December 1st. They issued a "reduce" rating and a $112.00 target price for the company. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $128.93. Read more …



Archive of Upgrades and Downgrades



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