Notable Analyst Upgrades and Downgrades for Week of February 26, 2024

 


 

Upgrades:



Piper Sandler upgraded shares of Celanese (NYSE:CE) from a neutral rating to an overweight rating in a research report sent to investors on Monday, Marketbeat.com reports. The firm currently has $170.00 price target on the basic materials company’s stock, up from their previous price target of $135.00.

Several other equities analysts have also recently commented on the stock. Alembic Global Advisors cut shares of Celanese from an overweight rating to a neutral rating and set a $160.00 price target for the company. in a research report on Monday, January 22nd. StockNews.com upgraded shares of Celanese from a sell rating to a hold rating in a research note on Wednesday, February 21st. Wells Fargo & Company lifted their price target on shares of Celanese from $167.00 to $180.00 and gave the stock an overweight rating in a research note on Thursday, February 22nd. Bank of America lowered shares of Celanese from a neutral rating to an underperform rating and lifted their price objective for the company from $124.00 to $135.00 in a research note on Tuesday, January 16th. Finally, Robert W. Baird boosted their price target on shares of Celanese from $135.00 to $165.00 and gave the stock an outperform rating in a research note on Thursday, February 22nd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and an average price target of $143.44. Read more …



Wells Fargo & Company upgraded shares of Kroger (NYSE:KR) from an underweight rating to an equal weight rating in a research note issued to investors on Tuesday, MarketBeat.com reports. The firm currently has $50.00 price target on the stock, up from their prior price target of $42.00.

Several other research analysts also recently issued reports on the stock. Morgan Stanley lowered their price objective on shares of Kroger from $48.00 to $46.00 and set an equal weight rating on the stock in a research report on Friday, December 1st. Stephens lowered their price objective on shares of Kroger from $52.00 to $50.00 and set an equal weight rating on the stock in a research report on Friday, December 1st. Telsey Advisory Group reissued an outperform rating and set a $55.00 price objective on shares of Kroger in a research report on Tuesday, January 16th. JPMorgan Chase & Co. lowered their price objective on shares of Kroger from $54.00 to $53.00 and set an overweight rating on the stock in a research report on Friday, December 1st. Finally, TheStreet raised shares of Kroger from a c+ rating to a b rating in a report on Thursday, November 30th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Hold and an average target price of $53.00. Read more …



J. M. Smucker (NYSE:SJM) was upgraded by research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a report released on Wednesday, Marketbeat Ratings reports. The brokerage currently has a $135.00 target price on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 12.37% from the stock’s current price.

Several other analysts also recently issued reports on SJM. Sanford C. Bernstein upgraded J. M. Smucker from an “underperform” rating to a “market perform” rating and cut their price objective for the stock from $123.00 to $119.00 in a report on Tuesday, November 14th. TD Cowen boosted their price objective on J. M. Smucker from $133.00 to $136.00 and gave the stock an “outperform” rating in a report on Wednesday, December 6th. Morgan Stanley restated an “equal weight” rating and set a $122.00 price objective on shares of J. M. Smucker in a report on Wednesday, December 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on J. M. Smucker from $125.00 to $126.00 and gave the stock a “hold” rating in a report on Wednesday, December 6th. Finally, StockNews.com upgraded J. M. Smucker from a “sell” rating to a “hold” rating in a report on Thursday, February 1st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, J. M. Smucker has an average rating of “Hold” and an average price target of $137.57. Read more …



Ecolab (NYSE:ECL) was upgraded by equities researchers at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Wednesday, Marketbeat reports. The brokerage presently has a $260.00 price objective on the basic materials company’s stock, up from their previous price objective of $225.00. Barclays‘s price objective would suggest a potential upside of 15.64% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. UBS Group upped their price target on Ecolab from $211.00 to $227.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. Robert W. Baird boosted their price objective on Ecolab from $184.00 to $232.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 14th. Citigroup boosted their price objective on Ecolab from $220.00 to $237.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. lowered Ecolab from an “overweight” rating to a “neutral” rating and boosted their price objective for the stock from $200.00 to $220.00 in a research note on Wednesday, February 14th. Finally, Seaport Res Ptn lowered Ecolab from a “buy” rating to a “neutral” rating in a research note on Monday, January 8th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $219.06. Read more …



Essex Property Trust (NYSE:ESS) was upgraded by analysts at Mizuho from a "neutral" rating to a "buy" rating in a research note issued on Wednesday, FinViz reports. The firm presently has a $250.00 price target on the real estate investment trust's stock, down from their previous price target of $255.00. Mizuho's target price points to a potential upside of 9.78% from the company's current price.

ESS has been the subject of several other research reports. BMO Capital Markets upgraded Essex Property Trust from an "underperform" rating to a "market perform" rating and decreased their target price for the stock from $235.00 to $225.00 in a research note on Thursday, November 9th. StockNews.com downgraded Essex Property Trust from a "hold" rating to a "sell" rating in a report on Tuesday. The Goldman Sachs Group reiterated a "sell" rating and issued a $227.00 price objective on shares of Essex Property Trust in a research note on Thursday, February 22nd. Barclays raised their target price on shares of Essex Property Trust from $224.00 to $225.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 20th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Essex Property Trust in a research report on Tuesday, January 30th. They issued a "hold" rating and a $240.00 price target for the company. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, Essex Property Trust currently has an average rating of "Hold" and an average target price of $242.39. Read more …




Federal Realty Investment Trust (NYSE:FRT) was upgraded by research analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research note issued on Thursday, Marketbeat Ratings reports. The brokerage currently has a $112.00 price target on the real estate investment trust's stock, up from their prior price target of $110.00. Wells Fargo & Company's price target points to a potential upside of 13.49% from the company's current price.

FRT has been the topic of several other research reports. Mizuho cut their target price on Federal Realty Investment Trust from $104.00 to $101.00 and set a "neutral" rating on the stock in a research report on Friday, February 23rd. Scotiabank cut their price objective on Federal Realty Investment Trust from $110.00 to $109.00 and set a "sector outperform" rating on the stock in a research report on Wednesday. Piper Sandler upped their price objective on Federal Realty Investment Trust from $116.00 to $122.00 and gave the company an "overweight" rating in a research report on Wednesday, December 20th. Truist Financial raised Federal Realty Investment Trust from a "hold" rating to a "buy" rating and upped their price objective for the company from $108.00 to $117.00 in a research report on Tuesday, January 16th. Finally, Evercore ISI raised Federal Realty Investment Trust from an "in-line" rating to an "outperform" rating and upped their price objective for the company from $104.00 to $108.00 in a research report on Monday, November 27th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $112.60. Read more ...



Research analysts at The Goldman Sachs Group assumed coverage on shares of Church & Dwight (NYSE:CHD) in a report issued on Friday, MarketBeat.com reports. The firm set a "buy" rating and a $110.00 price target on the stock. The Goldman Sachs Group's target price suggests a potential upside of 10.24% from the stock's previous close.

A number of other research firms also recently weighed in on CHD. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an "underweight" rating in a research report on Thursday, January 18th. Barclays upped their price target on shares of Church & Dwight from $76.00 to $80.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 6th. Truist Financial upped their target price on shares of Church & Dwight from $105.00 to $110.00 and gave the company a "buy" rating in a research note on Wednesday, February 7th. Royal Bank of Canada upped their target price on shares of Church & Dwight from $94.00 to $103.00 and gave the company a "sector perform" rating in a research note on Monday, February 5th. Finally, UBS Group upped their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the company a "neutral" rating in a research note on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $102.80. Read more …



Parker-Hannifin (NYSE:PH) was upgraded by stock analysts at TD Cowen from an "underperform" rating to a "market perform" rating in a research report issued to clients and investors on Friday, Briefing.com reports. The brokerage currently has a $500.00 target price on the industrial products company's stock, up from their previous target price of $300.00. TD Cowen's target price would indicate a potential downside of 6.62% from the company's current price.

Other research analysts have also recently issued reports about the company. Wolfe Research reaffirmed a "peer perform" rating on shares of Parker-Hannifin in a report on Monday, December 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Parker-Hannifin from a "hold" rating to a "buy" rating and upped their target price for the stock from $462.00 to $506.00 in a research report on Thursday, November 9th. The Goldman Sachs Group reissued a "buy" rating and issued a $551.00 price target on shares of Parker-Hannifin in a report on Tuesday, January 2nd. Barclays increased their price objective on Parker-Hannifin from $500.00 to $558.00 and gave the company an "overweight" rating in a research report on Monday, February 5th. Finally, KeyCorp boosted their target price on Parker-Hannifin from $500.00 to $575.00 and gave the stock an "overweight" rating in a research report on Friday, February 2nd. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $492.20. Read more ...



Downgrades:



PPG Industries (NYSE:PPG) was downgraded by equities research analysts at Barclays from an "overweight" rating to an "equal weight" rating in a report issued on Tuesday, Marketbeat reports. They presently have a $149.00 price target on the specialty chemicals company's stock, down from their previous price target of $163.00. Barclays's price target suggests a potential upside of 4.68% from the company's current price.

PPG has been the subject of several other research reports. Royal Bank of Canada cut their price objective on PPG Industries from $158.00 to $156.00 and set a "sector perform" rating for the company in a research report on Monday, January 22nd. KeyCorp lifted their price objective on PPG Industries from $166.00 to $167.00 and gave the company an "overweight" rating in a research report on Tuesday, January 9th. UBS Group lifted their price objective on PPG Industries from $165.00 to $172.00 and gave the company a "buy" rating in a research report on Thursday, January 11th. Vertical Research upgraded PPG Industries from a "hold" rating to a "buy" rating in a research report on Wednesday, January 3rd. Finally, Redburn Atlantic downgraded PPG Industries from a "buy" rating to a "neutral" rating and set a $160.00 price objective for the company. in a research report on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $158.20. Read more …



Waste Connections (NYSE:WCN) was downgraded by stock analysts at UBS Group from a "buy" rating to a "neutral" rating in a report released on Thursday, MarketBeat reports. They currently have a $181.00 price target on the business services provider's stock, up from their previous price target of $170.00. UBS Group's price objective would indicate a potential upside of 8.27% from the company's previous close.

Several other equities analysts have also issued reports on WCN. StockNews.com upgraded Waste Connections from a "hold" rating to a "buy" rating in a research report on Sunday, February 18th. Citigroup upped their price target on Waste Connections from $136.00 to $163.00 and gave the stock a "neutral" rating in a research report on Thursday, January 18th. Morgan Stanley upped their price target on Waste Connections from $171.00 to $175.00 and gave the stock an "overweight" rating in a research report on Monday, December 4th. BMO Capital Markets upped their price target on Waste Connections from $166.00 to $178.00 and gave the stock an "outperform" rating in a research report on Thursday, February 15th. Finally, Wolfe Research reiterated a "peer perform" rating on shares of Waste Connections in a research note on Tuesday, November 21st. Five equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $171.88. Read more …




Archive of Upgrades and Downgrades


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