Upgrades:
Broadcom (NASDAQ:AVGO) was upgraded by investment analysts
at Nomura from a “neutral” rating to a “buy” rating in a research note issued
to investors on Monday, Marketbeat Ratings reports. The firm currently has a
$300.00 price target on the semiconductor manufacturer’s stock, up from their
prior price target of $225.00. Nomura’s target price suggests a potential
upside of 25.14% from the company’s previous close. Other research analysts
have also issued reports about the company. Longbow Research lowered Broadcom
from a “buy” rating to a “neutral” rating in a report on Thursday, July 12th.
BidaskClub lowered Broadcom from a “strong-buy” rating to a “buy” rating in a
report on Thursday, June 28th. B. Riley lowered Broadcom from a “buy” rating to
a “neutral” rating and lowered their target price for the stock from $308.00 to
$245.00 in a report on Thursday, July 12th. BMO Capital Markets lowered
Broadcom from an “outperform” rating to a “market perform” rating and set a
$230.00 target price on the stock. in a report on Friday, July 13th. Finally,
Goldman Sachs Group cut Broadcom from a “buy” rating to a “neutral” rating and
dropped their price target for the stock from $300.00 to $220.00 in a research
note on Wednesday, July 18th. One equities research analyst has rated the stock
with a sell rating, eight have issued a hold rating and twenty-nine have
assigned a buy rating to the company. Broadcom currently has an average rating
of “Buy” and a consensus price target of $290.71. Read more …
Goldman Sachs Group upgraded shares of Mastercard (NYSE:MA)
from a buy rating to a conviction-buy rating in a research report report
published on Monday, The Fly reports. Other equities research analysts also
recently issued reports about the company. Bank of America increased their
price target on Mastercard from $210.00 to $230.00 and gave the stock a buy
rating in a research report on Tuesday, July 17th. Cowen reaffirmed a buy
rating and set a $207.00 price target on shares of Mastercard in a research
report on Friday, July 20th. Buckingham Research increased their price target
on Mastercard from $194.00 to $222.00 and gave the stock a buy rating in a
research report on Tuesday, June 26th. Wells Fargo & Co reaffirmed a buy
rating on shares of Mastercard in a research report on Wednesday, May 30th. Finally,
Loop Capital increased their price target on Mastercard to $232.00 and gave the
stock a buy rating in a research report on Friday, July 27th. They noted that
the move was a valuation call. Four equities research analysts have rated the
stock with a hold rating, twenty-seven have assigned a buy rating and two have
given a strong buy rating to the company’s stock. The company has a consensus
rating of Buy and an average price target of $208.56. Read more …
Edward Jones upgraded shares of Wells Fargo & Co
(NYSE:WFC) from a hold rating to a buy rating in a research note issued to
investors on Monday morning, MarketBeat.com reports. Several other research
analysts also recently weighed in on the company. Macquarie downgraded Wells
Fargo & Co from an outperform rating to a neutral rating in a research note
on Friday, September 7th. They noted that the move was a valuation call. Morgan
Stanley reduced their target price on Wells Fargo & Co from $62.00 to
$61.00 and set an equal weight rating for the company in a research note on
Monday, July 16th. Susquehanna Bancshares set a $63.00 target price on Wells
Fargo & Co and gave the stock a hold rating in a research note on Friday, July
13th. Zacks Investment Research downgraded Wells Fargo & Co from a buy
rating to a hold rating in a research note on Monday, July 30th. Finally,
Keefe, Bruyette & Woods raised Wells Fargo & Co from a market perform
rating to an outperform rating and upped their target price for the stock from
$57.00 to $63.00 in a research note on Sunday, July 15th. They noted that the
move was a valuation call. Three analysts have rated the stock with a sell
rating, eight have assigned a hold rating and fifteen have issued a buy rating
to the company. Wells Fargo & Co currently has a consensus rating of Hold
and an average price target of $63.28. Read more …
Raymond James upgraded shares of Bed Bath & Beyond
(NASDAQ:BBBY) from an underperform rating to a market perform rating in a
report issued on Monday morning, MarketBeat.com reports. BBBY has been the
topic of several other research reports. Zacks Investment Research raised Bed
Bath & Beyond from a strong sell rating to a hold rating in a research note
on Tuesday, June 12th. Wells Fargo & Co reaffirmed a sell rating and issued
a $16.00 price target on shares of Bed Bath & Beyond in a research note on
Wednesday, June 27th. BidaskClub raised Bed Bath & Beyond from a buy rating
to a strong-buy rating in a research note on Thursday, June 28th. Wedbush set a
$18.00 price target on Bed Bath & Beyond and gave the company a hold rating
in a research note on Thursday, September 13th. Finally, Credit Suisse Group
set a $20.00 price target on Bed Bath & Beyond and gave the company a hold
rating in a research note on Friday, June 29th. Eight investment analysts have
rated the stock with a sell rating, eleven have assigned a hold rating and one
has given a strong buy rating to the stock. The company has a consensus rating
of Hold and a consensus target price of $20.00. Read more …
Robert W. Baird upgraded shares of Caterpillar (NYSE:CAT)
from a neutral rating to an outperform rating in a research report released on
Thursday, Marketbeat.com reports. Robert W. Baird currently has $158.00 target
price on the industrial products company’s stock. Several other equities
analysts also recently weighed in on the company. ValuEngine downgraded
Caterpillar from a buy rating to a hold rating in a research note on Friday,
June 1st. Tigress Financial reaffirmed a buy rating on shares of Caterpillar in
a research note on Friday, August 17th. Goldman Sachs Group downgraded
Caterpillar from a conviction-buy rating to a buy rating in a research note on
Monday, July 16th. UBS Group set a $185.00 price objective on Caterpillar and
gave the company a buy rating in a research note on Wednesday, September 5th.
Finally, Deutsche Bank set a $177.00 price target on Caterpillar and gave the
stock a buy rating in a research report on Wednesday, September 5th. Twelve
investment analysts have rated the stock with a hold rating, sixteen have given
a buy rating and one has given a strong buy rating to the stock. The company
has a consensus rating of Buy and an average target price of $172.35. Read more…
