Notable Analyst Upgrades and Downgrades for Week of May 16 2022

 

Upgrades:

 

Canadian Western Bank (TSE:CWB) was upgraded by research analysts at National Bank Financial from a “sector perform market weight” rating to an “outperform market weight” rating in a research report issued to clients and investors on Sunday.

A number of other brokerages have also weighed in on CWB. National Bankshares upgraded Canadian Western Bank from a “sector perform” rating to a “buy” rating and set a C$44.00 price objective on the stock in a research report on Monday. TD Securities boosted their price objective on Canadian Western Bank from C$43.00 to C$47.00 in a research report on Tuesday, February 15th. Raymond James boosted their price objective on Canadian Western Bank from C$41.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Monday, February 28th. CIBC lowered Canadian Western Bank from an “outperform” rating to a “hold” rating and reduced their price objective for the stock from C$45.00 to C$38.00 in a research report on Monday, April 11th. Finally, Barclays reduced their price objective on Canadian Western Bank from C$44.00 to C$38.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 11th. Three investment 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 stock has a consensus rating of “Buy” and an average price target of C$42.86. Read more …

 

Essex Property Trust (NYSE:ESS) was upgraded by analysts at The Goldman Sachs Group from a "sell" rating to a "buy" rating in a report issued on Tuesday, The Fly reports. The firm presently has a $338.00 target price on the real estate investment trust's stock, down from their previous target price of $352.00. The Goldman Sachs Group's price objective would indicate a potential upside of 15.80% from the company's current price.

Several other research analysts have also recently issued reports on ESS. TheStreet cut shares of Essex Property Trust from a "b-" rating to a "c+" rating in a report on Friday. Truist Financial cut their target price on shares of Essex Property Trust from $378.00 to $370.00 and set a "buy" rating for the company in a research note on Monday, March 21st. Piper Sandler cut their target price on shares of Essex Property Trust from $420.00 to $400.00 in a research note on Wednesday, May 4th. Morgan Stanley increased their target price on shares of Essex Property Trust from $335.00 to $365.00 and gave the company an "equal weight" rating in a research note on Friday, April 8th. Finally, StockNews.com started coverage on shares of Essex Property Trust in a research note on Thursday, March 31st. They set a "hold" rating for the company. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $359.00. Read more …

 

Cardinal Health (NYSE:CAH) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating in a report issued on Wednesday, Briefing.com reports. The brokerage presently has a $68.00 price target on the stock, up from their prior price target of $55.00. Evercore ISI's target price would suggest a potential upside of 19.93% from the company's current price.

Several other analysts also recently commented on the stock. Credit Suisse Group dropped their target price on shares of Cardinal Health from $60.00 to $58.00 and set a "neutral" rating on the stock in a report on Friday, February 4th. StockNews.com cut shares of Cardinal Health from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 6th. TheStreet cut shares of Cardinal Health from a "c+" rating to a "d+" rating in a research note on Thursday, May 5th. Zacks Investment Research raised shares of Cardinal Health from a "sell" rating to a "hold" rating and set a $55.00 price target for the company in a research note on Monday, March 14th. Finally, Morgan Stanley raised shares of Cardinal Health from an "equal weight" rating to an "overweight" rating and set a $74.00 price target for the company in a research note on Tuesday, April 12th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Cardinal Health has a consensus rating of "Hold" and an average target price of $59.90. Read more …

 

 

Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by research analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other brokerages also recently commented on CNI. StockNews.com assumed coverage on Canadian National Railway in a research report on Thursday, March 31st. They issued a "hold" rating for the company. Argus raised Canadian National Railway from a "hold" rating to a "buy" rating and set a $145.00 price target for the company in a research report on Thursday, February 17th. They noted that the move was a valuation call. Desjardins reduced their price objective on Canadian National Railway from C$173.00 to C$172.00 in a research note on Thursday, April 28th. Scotiabank cut their price target on Canadian National Railway from C$174.00 to C$172.00 in a research note on Wednesday, April 27th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Canadian National Railway from $137.00 to $142.00 and gave the company a "buy" rating in a report on Thursday, January 27th. Seventeen equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Canadian National Railway currently has an average rating of "Hold" and a consensus target price of $147.76. Read more …

Notable Analyst Upgrades and Downgrades for Week of April 11 2022 (Part 1)

 

Upgrades:

 

Domino’s Pizza (NYSE:DPZ) was upgraded by Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

Other equities analysts also recently issued reports about the stock. Stephens raised shares of Domino’s Pizza from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $500.00 to $425.00 in a report on Wednesday, March 2nd. Oppenheimer reduced their price objective on shares of Domino’s Pizza from $550.00 to $510.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 2nd. Morgan Stanley cut their price target on shares of Domino’s Pizza from $535.00 to $460.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 2nd. Royal Bank of Canada cut their price objective on shares of Domino’s Pizza from $550.00 to $525.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 2nd. Finally, Loop Capital downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating and set a $413.00 target price on the stock. in a report on Wednesday, March 9th. One equities research analyst has rated the stock with a sell rating, twenty have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $480.73. Read more …

 

KeyCorp (NYSE:KEY) was upgraded by research analysts at Wells Fargo & Company from an “underweight” rating to an “overweight” rating in a research note issued to investors on Monday, The Fly reports. The firm currently has a $27.00 price target on the financial services provider’s stock, up from their previous price target of $23.00. Wells Fargo & Company‘s price objective suggests a potential upside of 30.00% from the company’s current price.

KEY has been the subject of several other reports. Barclays upped their target price on KeyCorp from $24.00 to $26.00 in a research note on Monday, January 3rd. Bank of America upgraded KeyCorp from an “underperform” rating to a “buy” rating and upped their target price for the stock from $25.00 to $27.00 in a research note on Wednesday, December 15th. UBS Group initiated coverage on KeyCorp in a research note on Wednesday, January 12th. They set a “buy” rating and a $32.00 target price for the company. StockNews.com initiated coverage on KeyCorp in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Credit Suisse Group upgraded KeyCorp from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 8th. Six analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, KeyCorp has an average rating of “Buy” and a consensus price target of $27.21. Read more …

 

National Bank of Canada (TSE:NA) was upgraded by stock analysts at CIBC to a “buy” rating in a research report issued on Monday, TipRanks reports. The firm currently has a C$102.00 price objective on the financial services provider’s stock. CIBC’s price target would suggest a potential upside of 7.71% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity Group raised their price target on shares of National Bank of Canada from C$108.00 to C$109.00 in a research note on Thursday, February 17th. Cormark lifted their price objective on shares of National Bank of Canada from C$118.00 to C$123.00 and gave the company a “buy” rating in a research note on Monday, February 28th. BMO Capital Markets lifted their price objective on shares of National Bank of Canada from C$104.00 to C$108.00 in a report on Monday, February 28th. TD Securities boosted their price objective on shares of National Bank of Canada from C$105.00 to C$110.00 in a research report on Tuesday, February 15th. Finally, Scotiabank upped their target price on shares of National Bank of Canada from C$117.00 to C$119.00 in a research note on Monday, February 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$103.81. Read more …

 

 

Pembina Pipeline (NYSE:PBA) (TSE:PPL) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued on Monday, The Fly reports.

A number of other equities research analysts have also weighed in on PBA. TD Securities initiated coverage on shares of Pembina Pipeline in a report on Thursday, March 3rd. They set a “buy” rating for the company. Canaccord Genuity Group lifted their price target on shares of Pembina Pipeline from C$47.00 to C$49.00 in a report on Wednesday, March 2nd. Zacks Investment Research upgraded shares of Pembina Pipeline from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research report on Monday, March 14th. BMO Capital Markets upgraded shares of Pembina Pipeline from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 1st. Finally, Scotiabank boosted their price target on shares of Pembina Pipeline from C$47.00 to C$49.00 in a report on Wednesday, March 2nd. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $44.75. Read more …

 

Royal Bank of Canada (TSE:RY) (NYSE:RY) was upgraded by analysts at CIBC to a “buy” rating in a research note issued to investors on Monday, TipRanks reports. The brokerage currently has a C$149.00 price objective on the financial services provider’s stock. CIBC’s price target suggests a potential upside of 8.17% from the company’s previous close.

Several other analysts have also recently weighed in on RY. Fundamental Research reduced their price target on Royal Bank of Canada from C$152.07 to C$151.16 and set a “buy” rating on the stock in a report on Monday, March 7th. National Bankshares boosted their target price on Royal Bank of Canada from C$140.00 to C$147.00 in a research report on Wednesday, February 23rd. Barclays increased their price target on shares of Royal Bank of Canada from C$141.00 to C$157.00 and gave the company an “overweight” rating in a research report on Wednesday, January 19th. Canaccord Genuity Group boosted their price target on shares of Royal Bank of Canada from C$148.00 to C$150.00 in a research report on Thursday, February 17th. Finally, TD Securities boosted their target price on shares of Royal Bank of Canada from C$150.00 to C$165.00 in a research report on Tuesday, February 15th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$147.15. Read more …

 

Wells Fargo & Company (NYSE:WFC) was upgraded by research analysts at Citigroup from a “neutral” rating to a “buy” rating in a report issued on Monday, The Fly reports.

WFC has been the subject of several other reports. Barclays upgraded Wells Fargo & Company from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $50.00 to $62.00 in a research report on Monday, January 3rd. Piper Sandler lowered their price objective on Wells Fargo & Company from $67.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, March 31st. Morgan Stanley lowered their price objective on Wells Fargo & Company from $72.00 to $66.00 and set an “overweight” rating for the company in a research report on Monday, March 28th. JPMorgan Chase & Co. increased their price objective on Wells Fargo & Company from $57.00 to $58.50 in a research report on Thursday, February 3rd. Finally, StockNews.com started coverage on Wells Fargo & Company in a research report on Thursday, March 31st. They set a “hold” rating for the company. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $57.58. Read more …

 

 

Cardinal Health (NYSE:CAH) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report released on Tuesday, Briefing.com reports. The brokerage currently has a $74.00 target price on the stock. Morgan Stanley’s price target would suggest a potential upside of 20.56% from the stock’s current price.

CAH has been the subject of several other research reports. Credit Suisse Group lowered their price objective on shares of Cardinal Health from $60.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, February 4th. Zacks Investment Research raised Cardinal Health from a “sell” rating to a “hold” rating and set a $55.00 price objective for the company in a research note on Monday, March 14th. Robert W. Baird increased their price objective on Cardinal Health from $52.00 to $57.00 in a research note on Friday, February 4th. StockNews.com cut Cardinal Health from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 24th. Finally, TheStreet cut Cardinal Health from a “b” rating to a “c” rating in a report on Thursday, February 3rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $58.10. Read more …

 

 

Downgrades:

 

American Express (NYSE:AXP) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

A number of other equities research analysts also recently commented on AXP. Wells Fargo & Company lifted their target price on American Express from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 26th. BMO Capital Markets lifted their target price on shares of American Express from $152.00 to $155.00 and gave the company a “market perform” rating in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft raised their price target on shares of American Express from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, January 26th. Daiwa Capital Markets raised shares of American Express from a “neutral” rating to a “buy” rating and raised their price target for the stock from $190.00 to $215.00 in a research note on Thursday, February 10th. Finally, Stephens lifted their target price on shares of American Express from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 26th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $197.71. Read more …

 

 

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) was downgraded by equities research analysts at CIBC from an “outperform” rating to a “neutral” rating in a report released on Monday, BayStreet.CA reports. They presently have a C$94.00 target price on the bank’s stock, down from their prior target price of C$105.00. CIBC’s target price would indicate a potential upside of 7.24% from the company’s previous close.

BNS has been the subject of several other research reports. TD Securities downgraded shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and set a C$100.00 price objective for the company. in a report on Thursday, March 10th. National Bankshares raised their price target on Bank of Nova Scotia from C$86.00 to C$90.00 in a report on Wednesday, February 23rd. BMO Capital Markets lifted their target price on Bank of Nova Scotia from C$93.00 to C$95.00 in a report on Wednesday, March 2nd. Barclays boosted their price objective on Bank of Nova Scotia from C$84.00 to C$96.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 19th. Finally, Canaccord Genuity Group boosted their price objective on Bank of Nova Scotia from C$98.00 to C$100.00 in a research report on Thursday, February 17th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$92.72. Read more …

 

Canadian Western Bank (TSE:CWB) was downgraded by analysts at CIBC to a “hold” rating in a report released on Monday, TipRanks reports. They currently have a C$38.00 price objective on the stock. CIBC’s price objective would indicate a potential upside of 10.47% from the stock’s previous close.

A number of other research analysts have also recently weighed in on CWB. National Bankshares lifted their price objective on shares of Canadian Western Bank from C$43.00 to C$44.00 and gave the company a “sector perform” rating in a report on Tuesday, March 1st. TD Securities upped their price target on shares of Canadian Western Bank from C$43.00 to C$47.00 in a research note on Tuesday, February 15th. BMO Capital Markets boosted their price objective on shares of Canadian Western Bank from C$42.00 to C$42.50 in a research report on Monday, February 28th. Finally, Raymond James upped their target price on shares of Canadian Western Bank from C$41.00 to C$43.00 and gave the company an “outperform” rating in a report on Monday, February 28th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$42.86. Read more …

 

Kinder Morgan (NYSE:KMI) was downgraded by Wolfe Research from a “peer perform” rating to an “underperform” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a $18.00 target price on the pipeline company’s stock, up from their prior target price of $17.00. Wolfe Research’s price target would suggest a potential downside of 7.60% from the company’s current price.

Several other research firms also recently weighed in on KMI. StockNews.com initiated coverage on Kinder Morgan in a research report on Thursday, March 31st. They set a “hold” rating for the company. Barclays lifted their price objective on Kinder Morgan from $18.00 to $19.00 in a report on Thursday, January 20th. Finally, Zacks Investment Research upgraded shares of Kinder Morgan from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Tuesday, January 25th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Kinder Morgan presently has an average rating of “Hold” and an average price target of $18.36. Read more …

 

 

Starbucks (NASDAQ:SBUX) was downgraded by equities researchers at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

SBUX has been the subject of several other reports. Wedbush cut Starbucks from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $105.00 to $91.00 in a report on Tuesday, April 5th. Barclays reduced their price target on Starbucks from $136.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, February 2nd. Zacks Investment Research raised Starbucks from a “sell” rating to a “hold” rating and set a $95.00 price objective for the company in a report on Monday, March 21st. Jefferies Financial Group cut their price objective on Starbucks from $142.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, February 2nd. Finally, Cowen lowered their price objective on Starbucks from $125.00 to $115.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 2nd. Fifteen 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.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $113.50. Read more …

 

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) was downgraded by investment analysts at CIBC from an “outperform” rating to a “neutral” rating in a research note issued on Monday, BayStreet.CA reports. They currently have a C$103.00 target price on the stock, down from their prior target price of C$115.00. CIBC’s target price would suggest a potential upside of 5.81% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity Group dropped their price objective on shares of Toronto-Dominion Bank from C$110.50 to C$106.00 in a research note on Friday, March 4th. Barclays increased their price target on shares of Toronto-Dominion Bank from C$99.00 to C$111.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 19th. Scotiabank cut their price target on shares of Toronto-Dominion Bank from C$117.00 to C$116.00 in a research note on Friday, March 4th. Royal Bank of Canada raised their price objective on shares of Toronto-Dominion Bank from C$104.00 to C$113.00 and gave the stock a “sector perform” rating in a research report on Friday, March 4th. Finally, BMO Capital Markets lowered their target price on shares of Toronto-Dominion Bank from C$105.00 to C$100.00 in a report on Friday, March 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus price target of C$102.35. Read more …

 

TC Energy (TSE:TRP) (NYSE:TRP) was downgraded by stock analysts at Wolfe Research to a “sell” rating in a report released on Monday, TipRanks reports. They currently have a C$57.00 target price on the stock. Wolfe Research’s target price would suggest a potential downside of 21.71% from the company’s current price.

A number of other research analysts have also recently commented on the company. The Goldman Sachs Group cut TC Energy from a “neutral” rating to a “sell” rating in a research report on Thursday, January 13th. Tudor Pickering & Holt boosted their price target on TC Energy from C$63.00 to C$65.00 and gave the stock a “hold” rating in a report on Wednesday, February 16th. Industrial Alliance Securities upgraded TC Energy to a “buy” rating and set a C$74.00 target price on the stock in a report on Monday, April 4th. US Capital Advisors lowered TC Energy from an “overweight” rating to a “hold” rating in a research note on Friday, March 11th. Finally, Tudor Pickering upped their target price on TC Energy to C$65.00 and gave the stock a “hold” rating in a research report on Wednesday, February 16th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$68.64. Read more …

 

 

U.S. Bancorp (NYSE:USB) was downgraded by stock analysts at Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.

Other equities analysts have also recently issued reports about the stock. UBS Group cut shares of U.S. Bancorp from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $64.00 to $56.00 in a research report on Friday. Morgan Stanley decreased their price objective on shares of U.S. Bancorp from $70.00 to $66.00 and set an “equal weight” rating for the company in a research report on Monday, March 28th. Oppenheimer decreased their price objective on shares of U.S. Bancorp from $74.00 to $69.00 in a research report on Friday, January 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of U.S. Bancorp in a research report on Friday, December 17th. Finally, Jefferies Financial Group cut shares of U.S. Bancorp from a “buy” rating to a “hold” rating and decreased their price objective for the company from $66.00 to $64.00 in a research report on Monday, February 14th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $64.29. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of March 7 2022 (Part 2)

 

Upgrades:

 

Emerson Electric (NYSE:EMR) was upgraded by equities research analysts at Oppenheimer to an "outperform" rating in a research report issued to clients and investors on Wednesday, Stock Target Advisor reports. The brokerage presently has a $110.00 price target on the industrial products company's stock. Oppenheimer's price target points to a potential upside of 17.40% from the company's previous close.

A number of other equities analysts have also weighed in on the stock. Morgan Stanley increased their target price on shares of Emerson Electric from $102.00 to $108.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 3rd. Sanford C. Bernstein initiated coverage on shares of Emerson Electric in a research note on Monday, January 10th. They issued a "market perform" rating and a $100.00 price objective for the company. Royal Bank of Canada upgraded Emerson Electric from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from $104.00 to $116.00 in a research report on Tuesday, January 4th. Mizuho began coverage on Emerson Electric in a report on Thursday, December 16th. They issued a "neutral" rating and a $100.00 price target for the company. Finally, Citigroup increased their price objective on Emerson Electric from $120.00 to $123.00 in a report on Thursday, February 3rd. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Emerson Electric has an average rating of "Buy" and an average price target of $108.42. Read more …

 

J.B. Hunt Transport Services (NASDAQ:JBHT) was upgraded by investment analysts at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a note issued to investors on Wednesday, The Fly reports.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. raised shares of J.B. Hunt Transport Services from an "underweight" rating to a "neutral" rating and upped their target price for the company from $175.00 to $203.00 in a report on Friday, February 18th. Citigroup raised their target price on shares of J.B. Hunt Transport Services from $205.00 to $230.00 in a report on Wednesday, January 12th. Wells Fargo & Company raised their target price on shares of J.B. Hunt Transport Services from $233.00 to $240.00 and gave the stock an "overweight" rating in a report on Wednesday, January 19th. Deutsche Bank Aktiengesellschaft raised their target price on shares of J.B. Hunt Transport Services from $198.00 to $210.00 and gave the stock a "hold" rating in a report on Thursday, January 20th. Finally, Raymond James increased their price target on shares of J.B. Hunt Transport Services from $200.00 to $215.00 and gave the stock an "outperform" rating in a research report on Friday, January 7th. Nine analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, J.B. Hunt Transport Services currently has a consensus rating of "Buy" and a consensus target price of $203.88. Read more …

 

Paychex (NASDAQ:PAYX) was upgraded by research analysts at Bank of America from an "underperform" rating to a "neutral" rating in a note issued to investors on Wednesday, The Fly reports.

Several other research analysts have also commented on the company. Cowen upgraded Paychex from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $130.00 to $145.00 in a report on Tuesday, January 11th. Stifel Nicolaus lifted their target price on Paychex from $118.00 to $140.00 and gave the company a "hold" rating in a research report on Thursday, December 23rd. Barclays boosted their price objective on Paychex from $115.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 23rd. Finally, Morgan Stanley upped their price target on Paychex from $105.00 to $135.00 and gave the company an "equal weight" rating in a report on Thursday, December 23rd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $121.21.

Shares of PAYX stock opened at $118.43 on Wednesday. The stock's fifty day moving average is $122.10 and its two-hundred day moving average is $120.39. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.27 and a current ratio of 1.27. The firm has a market capitalization of $42.72 billion, a P/E ratio of 33.55, a PEG ratio of 4.53 and a beta of 0.97. Paychex has a fifty-two week low of $92.74 and a fifty-two week high of $138.96. Read more …

 

 

Hormel Foods (NYSE:HRL) was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a report released on Thursday, The Fly reports. The firm presently has a $57.00 target price on the stock. Argus’ price target indicates a potential upside of 14.21% from the stock’s current price.

Several other research firms have also recently commented on HRL. BMO Capital Markets reiterated a “hold” rating on shares of Hormel Foods in a report on Friday, December 10th. TheStreet upgraded shares of Hormel Foods from a “c+” rating to a “b-” rating in a report on Friday, December 17th. Credit Suisse Group boosted their price target on shares of Hormel Foods from $44.00 to $46.00 and gave the stock a “neutral” rating in a report on Wednesday, March 2nd. Piper Sandler boosted their price target on shares of Hormel Foods from $48.00 to $49.00 and gave the stock a “neutral” rating in a report on Wednesday, March 2nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Hormel Foods from $46.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, March 2nd. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Hormel Foods presently has an average rating of “Hold” and an average price target of $49.67. Read more …

Dividend Increases Week 48, 2021

 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 27 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

 

The table below summarises the dividend change announcements.  The table shows the current dividend, the new dividend and the percentage increase (%). Dividends are shown on an annual basis and in US dollars unless otherwise stated. Yield is the new dividend yield of the most recent price, and Years is the years of consecutive dividend increases.

 

Notable Analyst Upgrades and Downgrades for Week of November 22 2021

 

Upgrades:

 

Kimco Realty (NYSE:KIM) was upgraded by equities researchers at Evercore ISI to an "outperform" rating in a note issued to investors on Monday, The Fly reports.

KIM has been the topic of several other research reports. Capital One Financial raised Kimco Realty from an "equal weight" rating to an "overweight" rating and set a $26.00 target price on the stock in a research report on Monday, August 2nd. BTIG Research restated a "hold" rating on shares of Kimco Realty in a research note on Sunday, September 26th. Truist upped their price objective on Kimco Realty from $23.00 to $25.00 and gave the stock a "buy" rating in a research note on Monday, August 30th. Truist Securities upped their target price on Kimco Realty from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Monday, August 30th. Finally, Morgan Stanley upped their target price on Kimco Realty from $25.00 to $26.00 and gave the company an "overweight" rating in a research report on Thursday, August 19th. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $23.32.

KIM stock opened at $24.05 on Monday. Kimco Realty has a twelve month low of $14.03 and a twelve month high of $24.95. The stock has a market cap of $14.83 billion, a P/E ratio of 12.59, a PEG ratio of 2.11 and a beta of 1.50. The business's 50-day moving average price is $22.55 and its 200-day moving average price is $21.71. Read more …

 

Royal Gold (NASDAQ:RGLD) (TSE:RGL) was upgraded by research analysts at Bank of America from an "underperform" rating to a "neutral" rating in a report issued on Monday, The Fly reports.

RGLD has been the topic of a number of other research reports. TD Securities lowered their price objective on Royal Gold from $145.00 to $140.00 and set a "buy" rating on the stock in a report on Friday, August 13th. Zacks Investment Research raised Royal Gold from a "sell" rating to a "hold" rating and set a $106.00 price objective on the stock in a report on Tuesday, October 26th. Raymond James set a $136.00 price objective on Royal Gold and gave the company an "outperform" rating in a report on Thursday, November 4th. BMO Capital Markets lifted their price objective on Royal Gold from $138.00 to $145.00 and gave the company a "market perform" rating in a report on Friday, August 13th. Finally, National Bank Financial lowered their price objective on Royal Gold from C$160.00 to C$155.00 and set a "sector perform" rating on the stock in a report on Friday, September 10th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Royal Gold has an average rating of "Hold" and an average price target of $136.03.

NASDAQ RGLD opened at $105.43 on Monday. The company has a quick ratio of 3.65, a current ratio of 3.85 and a debt-to-equity ratio of 0.04. Royal Gold has a 52-week low of $92.01 and a 52-week high of $129.69. The business's 50-day moving average price is $101.26 and its 200 day moving average price is $111.48. The firm has a market cap of $6.92 billion, a P/E ratio of 26.10, a P/E/G ratio of 2.67 and a beta of 0.64. Read more …

 

AbbVie (NYSE:ABBV) was upgraded by investment analysts at Societe Generale from a "hold" rating to a "buy" rating in a report issued on Tuesday, PriceTargets.com reports.

Several other analysts also recently weighed in on ABBV. Mizuho lifted their price target on shares of AbbVie from $128.00 to $131.00 and gave the company a "buy" rating in a research note on Monday, August 2nd. Argus increased their price target on AbbVie from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Thursday, August 5th. Truist Securities started coverage on AbbVie in a report on Tuesday, July 27th. They issued a "buy" rating and a $117.00 price objective for the company. Cowen upped their price objective on shares of AbbVie from $120.00 to $130.00 and gave the stock an "outperform" rating in a research note on Monday, August 23rd. Finally, Morgan Stanley raised their target price on shares of AbbVie from $116.00 to $124.00 and gave the company an "overweight" rating in a research report on Monday, November 1st. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $127.17.

ABBV stock traded up $3.23 during midday trading on Tuesday, reaching $118.88. The company's stock had a trading volume of 8,594,465 shares, compared to its average volume of 6,838,689. The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.91 and a current ratio of 1.01. The stock has a fifty day simple moving average of $111.39 and a two-hundred day simple moving average of $113.87. AbbVie has a 1 year low of $101.55 and a 1 year high of $121.53. The firm has a market capitalization of $210.08 billion, a price-to-earnings ratio of 28.30, a PEG ratio of 2.46 and a beta of 0.83. Read more …

 

 

Best Buy (NYSE:BBY) was upgraded by research analysts at Bank of America to a “buy” rating in a research report issued on Wednesday, The Fly reports.

Several other equities research analysts also recently weighed in on BBY. Wedbush raised Best Buy to a “buy” rating in a research report on Wednesday, August 25th. DA Davidson raised Best Buy to a “buy” rating in a research report on Wednesday, August 25th. Zacks Investment Research reaffirmed a “buy” rating on shares of Best Buy in a research report on Friday, September 10th. Jefferies Financial Group increased their price target on Best Buy from $136.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, August 25th. Finally, Citigroup restated a “buy” rating on shares of Best Buy in a research report on Wednesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $128.31. Read more …

 

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) was upgraded by equities researchers at Canaccord Genuity from a “hold” rating to a “buy” rating in a research note issued on Wednesday, The Fly reports.

Other equities analysts have also issued research reports about the stock. National Bank Financial increased their target price on shares of Bank of Nova Scotia from $84.00 to $86.00 and gave the company a “sector perform” rating in a report on Wednesday, August 25th. TD Securities reduced their target price on shares of Bank of Nova Scotia from C$90.00 to C$87.00 and set a “buy” rating on the stock in a report on Wednesday, August 25th. Veritas Investment Research reaffirmed a “buy” rating on shares of Bank of Nova Scotia in a report on Friday, November 12th. Royal Bank of Canada increased their target price on shares of Bank of Nova Scotia from C$86.00 to C$89.00 and gave the company an “outperform” rating in a report on Wednesday, August 25th. Finally, Zacks Investment Research cut shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating in a research report on Tuesday. Four 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.com, Bank of Nova Scotia presently has an average rating of “Buy” and an average target price of $86.43. Read more …

 

Chevron (NYSE:CVX) was upgraded by stock analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a research note issued on Wednesday, The Fly reports.

A number of other research firms also recently issued reports on CVX. TheStreet upgraded shares of Chevron from a "c" rating to a "b-" rating in a research report on Friday, July 30th. Zacks Investment Research downgraded shares of Chevron from a "buy" rating to a "hold" rating and set a $100.00 target price for the company. in a research report on Tuesday, September 21st. Wells Fargo & Company increased their target price on shares of Chevron from $109.00 to $115.00 and gave the stock an "equal weight" rating in a research report on Monday, November 1st. DZ Bank downgraded shares of Chevron from a "buy" rating to a "hold" rating and set a $110.00 target price for the company. in a research report on Wednesday, August 4th. Finally, Morgan Stanley raised their price target on shares of Chevron from $149.00 to $155.00 and gave the company an "overweight" rating in a report on Friday, November 19th. Ten research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $120.65.

Chevron stock opened at $116.30 on Wednesday. The company has a 50 day moving average price of $108.83 and a 200 day moving average price of $104.82. Chevron has a 52 week low of $83.53 and a 52 week high of $118.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.03 and a current ratio of 1.28. The firm has a market capitalization of $224.19 billion, a price-to-earnings ratio of 22.45, a P/E/G ratio of 2.42 and a beta of 1.30. Read more …

 

 

 

Downgrades:

 

AstraZeneca (NASDAQ:AZN) was downgraded by stock analysts at Bryan, Garnier & Co to a “buy” rating in a research note issued to investors on Monday, The Fly reports.

Several other brokerages have also issued reports on AZN. SVB Leerink lifted their price target on AstraZeneca from $71.00 to $73.00 and gave the company an “outperform” rating in a research note on Monday, September 27th. JPMorgan Chase & Co. assumed coverage on AstraZeneca in a research note on Thursday, August 12th. They issued an “overweight” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AstraZeneca in a research note on Monday, October 11th. UBS Group restated a “buy” rating on shares of AstraZeneca in a research report on Tuesday, October 19th. Finally, Morgan Stanley restated an “overweight” rating on shares of AstraZeneca in a research report on Friday, September 17th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $124.00. Read more …

 

Pembina Pipeline (NYSE:PBA) (TSE:PPL) was downgraded by equities researchers at CIBC from an "outperform" rating to a "neutral" rating in a note issued to investors on Monday, The Fly reports.

A number of other analysts also recently commented on the company. TD Securities upped their price objective on Pembina Pipeline from C$43.00 to C$45.00 and gave the stock a "buy" rating in a report on Monday, November 8th. Royal Bank of Canada upped their price objective on Pembina Pipeline from C$42.00 to C$48.00 and gave the stock an "outperform" rating in a report on Monday, August 9th. Scotiabank upped their price objective on Pembina Pipeline from C$42.00 to C$43.00 and gave the stock a "sector perform" rating in a report on Friday, November 5th. Credit Suisse Group initiated coverage on Pembina Pipeline in a report on Wednesday, August 18th. They set a "neutral" rating for the company. Finally, BMO Capital Markets initiated coverage on shares of Pembina Pipeline in a research report on Wednesday, July 28th. They set a "market perform" rating for the company. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $40.40.

Shares of NYSE:PBA traded down $1.03 during trading on Monday, hitting $31.87. 81,796 shares of the stock were exchanged, compared to its average volume of 1,108,605. The company has a fifty day moving average price of $32.77 and a two-hundred day moving average price of $32.19. The company has a market cap of $17.54 billion, a PE ratio of -132.79, a P/E/G ratio of 5.35 and a beta of 1.43. The company has a current ratio of 0.54, a quick ratio of 0.52 and a debt-to-equity ratio of 0.84. Pembina Pipeline has a 12-month low of $23.48 and a 12-month high of $34.73. Read more …

 

Royal Bank of Canada (NYSE:RY) (TSE:RY) was downgraded by investment analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research note issued to investors on Monday, The Fly reports.

Several other analysts have also recently weighed in on RY. Desjardins lifted their price objective on shares of Royal Bank of Canada from C$138.00 to C$141.00 and gave the stock a “buy” rating in a research note on Friday, August 27th. Zacks Investment Research cut shares of Royal Bank of Canada from a “buy” rating to a “hold” rating in a research note on Saturday, November 13th. Scotiabank lifted their price objective on shares of Royal Bank of Canada from C$144.00 to C$148.00 in a research note on Tuesday, August 17th. Fundamental Research lifted their price objective on shares of Royal Bank of Canada from $127.27 to $143.76 and gave the stock a “buy” rating in a research note on Wednesday, September 1st. Finally, Credit Suisse Group boosted their target price on shares of Royal Bank of Canada from C$135.00 to C$140.00 and gave the company an “outperform” rating in a research report on Thursday, August 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $134.48. Read more …

 

 

Ventas (NYSE:VTR) was downgraded by equities researchers at Sumitomo Mitsui Financial Group from an "outperform" rating to a "neutral" rating in a report issued on Monday, Price Targets.com reports. They currently have a $55.00 price objective on the real estate investment trust's stock. Sumitomo Mitsui Financial Group's price target indicates a potential upside of 7.11% from the stock's current price.

Other equities analysts also recently issued reports about the company. Capital One Financial restated an "equal weight" rating on shares of Ventas in a report on Friday, November 5th. Raymond James upgraded Ventas from an "outperform" rating to a "strong-buy" rating and increased their target price for the company from $65.00 to $67.00 in a research note on Thursday, September 23rd. BMO Capital Markets upgraded Ventas from an "underperform" rating to a "market perform" rating and set a $60.00 target price for the company in a research note on Thursday, August 26th. Deutsche Bank Aktiengesellschaft upgraded Ventas from a "hold" rating to a "buy" rating and increased their target price for the company from $61.00 to $66.00 in a research note on Tuesday, September 7th. Finally, Morgan Stanley started coverage on Ventas in a research note on Monday, October 4th. They issued an "equal weight" rating and a $60.00 target price for the company. Eight analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $59.24.

Ventas stock opened at $51.35 on Monday. The stock's 50-day moving average is $55.15 and its 200-day moving average is $56.34. The company has a market cap of $20.50 billion, a price-to-earnings ratio of 96.89, a price-to-earnings-growth ratio of 4.94 and a beta of 1.17. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.59 and a quick ratio of 0.71. Ventas has a 12 month low of $45.40 and a 12 month high of $61.09. Read more …

 

National Bank of Canada (TSE:NA) was downgraded by research analysts at Scotiabank to a “hold” rating in a report issued on Tuesday, TipRanks reports. They presently have a C$113.00 target price on the financial services provider’s stock. Scotiabank’s price target points to a potential upside of 7.38% from the company’s previous close.

NA has been the topic of several other reports. Canaccord Genuity boosted their target price on National Bank of Canada from C$101.00 to C$103.50 and gave the stock a “hold” rating in a report on Thursday, August 26th. Barclays cut National Bank of Canada to a “sell” rating and set a C$100.00 target price on the stock. in a report on Monday, November 15th. BMO Capital Markets boosted their target price on National Bank of Canada from C$101.00 to C$104.00 and gave the stock an “outperform” rating in a report on Thursday, August 26th. Credit Suisse Group restated a “neutral” rating on shares of National Bank of Canada in a report on Thursday, September 2nd. Finally, Cormark lifted their price target on shares of National Bank of Canada from C$109.00 to C$112.00 and gave the company a “buy” rating in a research report on Thursday, August 26th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$100.23. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of November 8 2021

 

Upgrades:

 

The J. M. Smucker (NYSE:SJM) was upgraded by investment analysts at Guggenheim from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

SJM has been the topic of several other research reports. Zacks Investment Research lowered shares of The J. M. Smucker from a "buy" rating to a "hold" rating and set a $137.00 target price on the stock. in a report on Tuesday, July 27th. Morgan Stanley lowered their price objective on The J. M. Smucker from $126.00 to $117.00 and set an "underweight" rating for the company in a research report on Friday, August 27th. Jefferies Financial Group assumed coverage on shares of The J. M. Smucker in a research note on Thursday, August 26th. They issued a "hold" rating and a $140.00 target price on the stock. Credit Suisse Group cut their price target on shares of The J. M. Smucker from $130.00 to $125.00 and set a "neutral" rating on the stock in a report on Friday, August 27th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of The J. M. Smucker from $140.00 to $132.00 and set a "hold" rating for the company in a report on Friday, August 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, The J. M. Smucker presently has a consensus rating of "Hold" and an average price target of $129.33. Read more …

 

Algonquin Power & Utilities (TSE:AQN) was upgraded by analysts at BMO Capital Markets to a “buy” rating in a report issued on Wednesday, TipRanks reports. The firm presently has a C$17.00 price objective on the stock. BMO Capital Markets’ target price indicates a potential downside of 5.24% from the company’s previous close.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. lifted their price target on Algonquin Power & Utilities from C$20.00 to C$21.00 and gave the stock a “strong-buy” rating in a report on Monday, August 23rd. CSFB set a C$16.00 price target on Algonquin Power & Utilities and gave the stock a “neutral” rating in a report on Wednesday, October 27th. CIBC boosted their target price on Algonquin Power & Utilities to C$22.00 and gave the company an “outperform” rating in a report on Monday, August 16th. Royal Bank of Canada reissued an “outperform” rating and issued a C$18.00 target price on shares of Algonquin Power & Utilities in a report on Monday, August 16th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a C$16.00 target price on shares of Algonquin Power & Utilities in a report on Wednesday, October 27th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$18.19. Read more …

 

Bank of Montreal (TSE:BMO) (NYSE:BMO) was upgraded by research analysts at Desjardins to a “buy” rating in a research note issued to investors on Wednesday, TipRanks reports. The firm currently has a C$145.00 target price on the bank’s stock. Desjardins’ target price would suggest a potential upside of 4.17% from the company’s current price. Desjardins also issued estimates for Bank of Montreal’s Q4 2021 earnings at $3.10 EPS, FY2021 earnings at $12.72 EPS, FY2021 earnings at $12.72 EPS and FY2023 earnings at $13.10 EPS.

Other equities analysts have also issued reports about the stock. National Bankshares increased their price objective on shares of Bank of Montreal from C$139.00 to C$149.00 and gave the company an “outperform” rating in a report on Wednesday, August 25th. Barclays upgraded shares of Bank of Montreal from an “underperform” rating to an “equal weight” rating and set a C$83.00 price objective on the stock in a report on Tuesday, September 7th. National Bank Financial increased their price objective on shares of Bank of Montreal to C$149.00 and gave the company an “outperform” rating in a report on Wednesday, August 25th. CSFB increased their price objective on shares of Bank of Montreal from C$144.00 to C$147.00 in a report on Wednesday, September 1st. Finally, Cormark upped their target price on shares of Bank of Montreal from C$138.00 to C$144.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 25th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$138.66. Read more …

 

 

Costco Wholesale (NASDAQ:COST) was upgraded by investment analysts at Gordon Haskett from an “accumulate” rating to a “buy” rating in a note issued to investors on Thursday, PriceTargets.com reports. The firm currently has a $575.00 price objective on the retailer’s stock, up from their prior price objective of $525.00. Gordon Haskett’s target price points to a potential upside of 12.85% from the stock’s previous close.

A number of other research firms have also recently weighed in on COST. Evercore ISI raised their price objective on Costco Wholesale from $480.00 to $525.00 and gave the stock an “outperform” rating in a research report on Thursday, November 4th. Oppenheimer raised their target price on Costco Wholesale from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Thursday, November 4th. They noted that the move was a valuation call. Tigress Financial restated a “buy” rating and issued a $520.00 target price on shares of Costco Wholesale in a research note on Wednesday, September 29th. Jefferies Financial Group raised their target price on Costco Wholesale from $525.00 to $580.00 and gave the stock a “buy” rating in a research note on Thursday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Costco Wholesale from $468.00 to $472.00 and gave the stock a “hold” rating in a research note on Thursday, November 4th. Six research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to MarketBeat.com, Costco Wholesale has an average rating of “Buy” and an average price target of $496.23. Read more …