Showing posts with label CNR. Show all posts
Showing posts with label CNR. Show all posts

January 15, 2021

Notable Analyst Upgrades and Downgrades for Week of January 11, 2021 (Part 1)

 


Upgrades:

 


Walgreens Boots Alliance (NASDAQ:WBA) was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report issued on Monday, Anlyst Ratings reports. The firm currently has a $55.00 price objective on the pharmacy operator’s stock, up from their previous price objective of $41.00. Robert W. Baird’s price target would indicate a potential upside of 21.65% from the company’s previous close.

A number of other equities analysts have also weighed in on WBA. Credit Suisse Group initiated coverage on Walgreens Boots Alliance in a research note on Thursday. They set a “neutral” rating and a $42.00 price objective on the stock. Truist Financial boosted their price objective on Walgreens Boots Alliance from $40.00 to $44.00 in a research note on Tuesday, January 5th. Citigroup lowered their price objective on Walgreens Boots Alliance from $43.00 to $40.00 and set a “neutral” rating on the stock in a research note on Friday, October 16th. BidaskClub downgraded Walgreens Boots Alliance from a “hold” rating to a “sell” rating in a research report on Friday, December 18th. Finally, The Goldman Sachs Group reduced their target price on Walgreens Boots Alliance from $37.00 to $33.00 and set a “sell” rating on the stock in a research report on Tuesday, October 6th. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $43.65. Read more …

 


Exxon Mobil (NYSE:XOM) was upgraded by Morgan Stanley from an "equal weight" rating to an "overweight" rating in a research report issued on Monday, Briefing.com reports. The brokerage presently has a $57.00 price objective on the oil and gas company's stock, up from their previous price objective of $49.00. Morgan Stanley's price target points to a potential upside of 25.38% from the stock's current price.

XOM has been the subject of a number of other research reports. Credit Suisse Group decreased their price target on shares of Exxon Mobil from $47.00 to $37.00 and set a "neutral" rating for the company in a research note on Monday, November 2nd. Truist Financial boosted their price target on shares of Exxon Mobil from $39.00 to $45.00 in a research note on Friday, December 18th. ValuEngine upgraded shares of Exxon Mobil from a "hold" rating to a "buy" rating in a research note on Tuesday, December 1st. Scotiabank upgraded shares of Exxon Mobil from a "sector underperform" rating to a "sector perform" rating and set a $45.00 price target for the company in a research note on Wednesday, September 23rd. Finally, Raymond James restated a "sell" rating on shares of Exxon Mobil in a research note on Friday, September 18th. Four investment analysts have rated the stock with a sell rating, nineteen have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of "Hold" and a consensus target price of $48.30. Read more …

 


Bank of America (NYSE:BAC) was upgraded by equities research analysts at Smith Barney Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports.

A number of other analysts also recently commented on the stock. Morgan Stanley downgraded shares of Bank of America from an “overweight” rating to an “underweight” rating in a report on Monday, November 30th. Barclays upped their price target on Bank of America from $33.00 to $39.00 and gave the stock an “overweight” rating in a report on Monday, January 4th. Piper Sandler boosted their price objective on shares of Bank of America from $28.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday. Credit Suisse Group raised their target price on shares of Bank of America from $31.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, December 11th. Finally, Royal Bank of Canada set a $28.00 price target on shares of Bank of America and gave the company a “buy” rating in a report on Wednesday, October 14th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and fifteen have given a buy rating to the company’s stock. Bank of America currently has a consensus rating of “Buy” and a consensus price target of $31.31. Read more …

 

 


The Bank of New York Mellon (NYSE:BK) was upgraded by investment analysts at Smith Barney Citigroup from a "neutral" rating to a "buy" rating in a research note issued on Monday, The Fly reports. The brokerage presently has a $57.00 price target on the bank's stock, up from their previous price target of $44.00. Smith Barney Citigroup's price objective suggests a potential upside of 26.78% from the company's previous close.

Other equities analysts have also issued research reports about the company. Barclays increased their target price on The Bank of New York Mellon from $54.00 to $59.00 and gave the company an "overweight" rating in a research note on Monday, January 4th. Bank of America cut The Bank of New York Mellon from a "neutral" rating to an "underperform" rating and reduced their target price for the stock from $42.00 to $39.00 in a report on Friday, November 20th. Morgan Stanley upgraded The Bank of New York Mellon from an "underweight" rating to an "equal weight" rating and set a $51.00 target price on the stock in a report on Monday, November 30th. Credit Suisse Group raised their target price on The Bank of New York Mellon from $44.00 to $48.00 and gave the stock an "outperform" rating in a report on Friday, December 11th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded The Bank of New York Mellon from a "neutral" rating to a "buy" rating and raised their target price for the stock from $44.00 to $57.00 in a report on Monday. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company's stock. The Bank of New York Mellon currently has an average rating of "Hold" and an average target price of $47.18. Read more …