Upgrades:
Phillips 66 (NYSE:PSX) was upgraded by investment analysts
at Bank of America from a “neutral” rating to a “buy” rating in a research
report issued on Monday, MarketBeat.com reports. The brokerage currently has a
$120.00 price target on the oil and gas company’s stock. Bank of America‘s
price target would indicate a potential upside of 111.27% from the stock’s
current price.
PSX has been the topic of several other research reports.
Royal Bank of Canada upgraded shares of Phillips 66 from a “sector perform”
rating to an “outperform” rating and set a $67.00 target price on the stock in
a research note on Sunday, March 29th. Piper Sandler dropped their target price
on shares of Phillips 66 from $139.00 to $120.00 and set an “overweight” rating
on the stock in a research note on Friday, February 28th. Barclays reiterated a
“buy” rating and issued a $94.00 target price on shares of Phillips 66 in a
research note on Wednesday, April 8th. Raymond James dropped their target price
on shares of Phillips 66 from $110.00 to $69.00 and set an “outperform” rating
on the stock in a research note on Tuesday, March 24th. They noted that the move
was a valuation call. Finally, Morgan Stanley upgraded shares of Phillips 66
from an “equal weight” rating to an “overweight” rating and set a $68.00 price
objective on the stock in a research report on Monday, March 16th. Two equities
research analysts have rated the stock with a sell rating and sixteen have
assigned a buy rating to the stock. Phillips 66 presently has an average rating
of “Buy” and a consensus price target of $86.93. Read more …
Goldman Sachs Group upgraded shares of Williams Companies
(NYSE:WMB) from a neutral rating to a buy rating in a research report report
published on Monday morning, BenzingaRatingsTable reports. They currently have
$23.00 target price on the pipeline company’s stock, up from their previous
target price of $19.00.
Several other equities analysts have also issued reports on
the stock. Wolfe Research raised shares of Williams Companies from a market
perform rating to an outperform rating in a report on Thursday, April 2nd.
Morgan Stanley reduced their target price on shares of Williams Companies from
$25.00 to $14.00 and set an equal weight rating for the company in a research
note on Monday, March 16th. Barclays raised shares of Williams Companies from
an equal weight rating to an overweight rating and set a $16.00 target price
for the company in a research note on Tuesday, March 24th. Wells Fargo & Co
reduced their target price on shares of Williams Companies from $20.00 to
$19.00 and set an equal weight rating for the company in a research note on Tuesday,
April 14th. Finally, Sanford C. Bernstein raised shares of Williams Companies
from a market perform rating to an outperform rating and reduced their target
price for the stock from $25.00 to $21.00 in a research note on Thursday, March
12th. Seven investment analysts have rated the stock with a hold rating, twelve
have given a buy rating and one has given a strong buy rating to the company’s
stock. Williams Companies currently has an average rating of Buy and an average
target price of $24.80. Read more …
Southwest Airlines (NYSE:LUV) was upgraded by research analysts at Susquehanna Bancshares from a “neutral” rating to a “positive” rating in a report issued on Tuesday, Briefing.com Automated Import reports. The brokerage currently has a $41.00 price objective on the airline’s stock. Susquehanna Bancshares’ price objective would indicate a potential upside of 32.00% from the company’s current price.
Southwest Airlines (NYSE:LUV) was upgraded by research analysts at Susquehanna Bancshares from a “neutral” rating to a “positive” rating in a report issued on Tuesday, Briefing.com Automated Import reports. The brokerage currently has a $41.00 price objective on the airline’s stock. Susquehanna Bancshares’ price objective would indicate a potential upside of 32.00% from the company’s current price.
LUV has been the topic of a number of other research
reports. JPMorgan Chase & Co. raised shares of Southwest Airlines from an
“underweight” rating to a “neutral” rating and decreased their price target for
the company from $49.00 to $36.00 in a research note on Monday, April 6th.
Cowen dropped their target price on Southwest Airlines from $45.00 to $40.00
and set an “outperform” rating for the company in a report on Monday. Raymond
James upgraded Southwest Airlines from a “market perform” rating to a
“strong-buy” rating and set a $50.00 price target on the stock in a report on
Monday, March 23rd. Zacks Investment Research lowered shares of Southwest
Airlines from a “hold” rating to a “sell” rating and set a $58.00 target price
for the company. in a report on Friday, January 3rd. Finally, Bank of America
raised Southwest Airlines from a “neutral” rating to a “buy” rating and cut
their price objective for the company from $48.00 to $43.00 in a research
report on Monday, March 23rd. Three equities research analysts have rated the
stock with a sell rating, ten have issued a hold rating, nine have assigned a
buy rating and one has issued a strong buy rating to the company. The stock
currently has an average rating of “Hold” and an average target price of
$52.55. Read more …
Bank of America upgraded shares of Johnson & Johnson
(NYSE:JNJ) from a neutral rating to a buy rating in a research note released on
Wednesday morning, Benzinga reports. The brokerage currently has $175.00 price
target on the stock, up from their previous price target of $150.00.
Other research analysts have also recently issued research
reports about the company. Cantor Fitzgerald reaffirmed a buy rating and set a
$168.00 target price on shares of Johnson & Johnson in a research note on
Friday, April 3rd. SVB Leerink decreased their target price on Johnson &
Johnson from $172.00 to $160.00 and set an outperform rating for the company in
a research note on Wednesday, April 8th. Argus reaffirmed a buy rating and set
a $155.00 target price (down previously from $165.00) on shares of Johnson
& Johnson in a research note on Friday, March 27th. Stifel Nicolaus upped
their target price on Johnson & Johnson from $140.00 to $155.00 and gave
the company a hold rating in a report on Wednesday, April 15th. Finally, Credit
Suisse Group upped their target price on Johnson & Johnson from $155.00 to
$161.00 and gave the company an outperform rating in a report on Wednesday,
April 15th. Three investment analysts have rated the stock with a hold rating
and thirteen have assigned a buy rating to the company’s stock. The company
presently has an average rating of Buy and a consensus price target of $162.36.
Read more …


































