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 …

Notable Analyst Upgrades and Downgrades for Week of January 3 2022 (Part 1)

 

Upgrades:

 

Canadian Pacific Railway (TSE:CP) (NYSE:CP) was upgraded by analysts at Susquehanna Bancshares to a "buy" rating in a research note issued to investors on Tuesday, Stock Target Advisor reports. The brokerage presently has a C$87.00 target price on the stock. Susquehanna Bancshares' price target suggests a potential downside of 7.36% from the company's current price.

CP has been the subject of several other research reports. Evercore reissued an "outperform" rating on shares of Canadian Pacific Railway in a research report on Tuesday, December 21st. Deutsche Bank Aktiengesellschaft downgraded shares of Canadian Pacific Railway to a "hold" rating and set a C$79.00 target price for the company. in a research note on Monday, November 29th. Scotiabank increased their price objective on shares of Canadian Pacific Railway from C$105.00 to C$106.00 and gave the company an "outperform" rating in a research note on Friday, December 3rd. UBS Group reiterated a "buy" rating and set a C$111.00 price objective on shares of Canadian Pacific Railway in a research note on Wednesday, October 27th. Finally, Desjardins reduced their price objective on shares of Canadian Pacific Railway from C$104.00 to C$103.00 and set a "buy" rating on the stock in a research note on Thursday, October 21st. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of C$156.87. Read more …

 

McDonald's (NYSE:MCD) was upgraded by investment analysts at Piper Sandler from a "neutral" rating to an "overweight" rating in a research report issued on Monday, The Fly reports.

A number of other brokerages have also recently issued reports on MCD. JPMorgan Chase & Co. upped their price objective on McDonald's from $250.00 to $260.00 and gave the stock an "overweight" rating in a research note on Thursday, October 28th. Truist Securities lifted their price objective on shares of McDonald's from $266.00 to $275.00 and gave the stock a "buy" rating in a research report on Wednesday, October 27th. Oppenheimer upped their price target on shares of McDonald's from $270.00 to $280.00 and gave the company an "outperform" rating in a research note on Thursday, October 28th. They noted that the move was a valuation call. Argus upped their target price on McDonald's from $275.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday. Finally, Stifel Nicolaus lifted their price target on McDonald's from $245.00 to $260.00 and gave the stock a "hold" rating in a report on Thursday, October 28th. Seven research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. Based on data from MarketBeat, McDonald's currently has an average rating of "Buy" and an average target price of $268.45. Read more …

 

Wells Fargo & Company (NYSE:WFC) was upgraded by Barclays from an "equal weight" rating to an "overweight" rating in a report released on Monday, The Fly reports.

WFC has been the topic of several other reports. Raymond James upped their price objective on shares of Wells Fargo & Company from $55.00 to $58.00 and gave the company an "outperform" rating in a report on Thursday, December 9th. UBS Group began coverage on shares of Wells Fargo & Company in a report on Friday, December 10th. They issued a "buy" rating and a $65.00 price target on the stock. Evercore ISI reissued a "buy" rating and issued a $49.00 price target on shares of Wells Fargo & Company in a report on Friday, September 10th. Morgan Stanley raised shares of Wells Fargo & Company from an "equal weight" rating to an "overweight" rating and set a $61.00 target price on the stock in a research note on Monday, December 6th. Finally, Jefferies Financial Group increased their price target on shares of Wells Fargo & Company from $51.00 to $57.00 and gave the company a "buy" rating in a research report on Monday, October 11th. Four analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Wells Fargo & Company presently has a consensus rating of "Buy" and an average price target of $50.43. Read more …

 

 

Air Products and Chemicals (NYSE:APD) was upgraded by stock analysts at Vertical Research from a "hold" rating to a "buy" rating in a report released on Tuesday, FinViz reports. The firm currently has a $335.00 target price on the basic materials company's stock. Vertical Research's target price would indicate a potential upside of 13.25% from the company's previous close.

A number of other research analysts have also commented on the company. Deutsche Bank Aktiengesellschaft upped their target price on Air Products and Chemicals from $315.00 to $340.00 and gave the company a "buy" rating in a research note on Friday, November 5th. Mizuho assumed coverage on Air Products and Chemicals in a research note on Friday, November 5th. They issued a "buy" rating and a $312.00 target price for the company. Wolfe Research lowered Air Products and Chemicals from an "outperform" rating to a "peer perform" rating and dropped their price objective for the stock from $332.00 to $331.00 in a research note on Thursday, December 9th. Finally, BMO Capital Markets increased their price objective on Air Products and Chemicals from $312.00 to $338.00 and gave the stock an "outperform" rating in a research note on Friday, October 15th. 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. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $321.06. Read more …

Dividend Increases Week 44, 2021

 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks.

 

Recently, 15 popular 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.

* Canadian Dollars

Week's Most Significant Insider Trades: Week of August 9, 2021

 

Disposals:

 

Albemarle Co. (NYSE:ALB) EVP Karen G. Narwold sold 10,000 shares of the business’s stock in a transaction dated Friday, August 6th. The stock was sold at an average price of $216.12, for a total transaction of $2,161,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Karen G. Narwold also recently made the following trade(s):

On Tuesday, June 8th, Karen G. Narwold sold 1,338 shares of Albemarle stock. The shares were sold at an average price of $171.30, for a total value of $229,199.40.

 NYSE:ALB traded up $4.67 during trading hours on Monday, hitting $231.38. The company’s stock had a trading volume of 1,422,671 shares, compared to its average volume of 1,410,407. The company has a market capitalization of $27.06 billion, a PE ratio of 37.63, a P/E/G ratio of 3.14 and a beta of 1.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.18 and a quick ratio of 1.44. The company has a fifty day simple moving average of $179.29. Albemarle Co. has a 52-week low of $79.06 and a 52-week high of $232.53. Read more …

 

Nucor Co. (NYSE:NUE) EVP Kenneth Rex Query sold 3,792 shares of the business’s stock in a transaction dated Thursday, August 5th. The stock was sold at an average price of $101.88, for a total transaction of $386,328.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Nucor Co. (NYSE:NUE) EVP Allen C. Behr sold 6,103 shares of the business’s stock in a transaction that occurred on Wednesday, August 11th. The shares were sold at an average price of $123.28, for a total value of $752,377.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE NUE traded up $0.76 on Thursday, reaching $123.48. 177,754 shares of the company were exchanged, compared to its average volume of 3,306,208. The firm has a fifty day simple moving average of $99.85. The company has a market cap of $36.95 billion, a PE ratio of 12.04 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.11 and a quick ratio of 1.76. Nucor Co. has a fifty-two week low of $44.05 and a fifty-two week high of $123.98. Read more …

 

Target Co. (NYSE:TGT) insider Don H. Liu sold 3,000 shares of the company’s stock in a transaction dated Friday, August 6th. The stock was sold at an average price of $261.93, for a total value of $785,790.00. Following the completion of the transaction, the insider now directly owns 62,017 shares of the company’s stock, valued at approximately $16,244,112.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TGT traded up $2.32 on Monday, reaching $262.41. 2,491,688 shares of the company traded hands, compared to its average volume of 3,449,493. Target Co. has a one year low of $131.25 and a one year high of $263.46. The firm has a fifty day moving average price of $244.94. The firm has a market capitalization of $129.82 billion, a P/E ratio of 21.40, a P/E/G ratio of 1.56 and a beta of 1.01. The company has a current ratio of 1.07, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. Read more …

 

 

The Charles Schwab Co. (NYSE:SCHW) Chairman Charles R. Schwab sold 81,400 shares of The Charles Schwab stock in a transaction dated Friday, August 6th. The shares were sold at an average price of $71.21, for a total value of $5,796,494.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

SCHW stock traded up $1.51 during mid-day trading on Monday, reaching $73.44. The company’s stock had a trading volume of 453,659 shares, compared to its average volume of 7,802,283. The company has a market capitalization of $132.71 billion, a P/E ratio of 31.20 and a beta of 1.03. The business’s 50 day moving average price is $71.27. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.39 and a current ratio of 0.39. The Charles Schwab Co. has a 12 month low of $32.84 and a 12 month high of $76.37.  Read more …

Notable Analyst Upgrades and Downgrades for Week of January 18, 2021

 

Upgrades:

 

Digital Realty Trust (NYSE:DLR) was upgraded by research analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a research report issued on Tuesday, Anlyst Ratings reports. The firm currently has a $175.00 target price on the real estate investment trust’s stock. Raymond James’ target price suggests a potential upside of 26.86% from the company’s current price.

Several other research firms have also commented on DLR. Morgan Stanley raised their price objective on shares of Digital Realty Trust from $141.00 to $148.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 29th. Edward Jones upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, December 18th. Credit Suisse Group increased their target price on shares of Digital Realty Trust from $173.00 to $179.00 and gave the stock an “outperform” rating in a report on Friday, October 30th. TD Securities upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a report on Friday, December 18th. Finally, TheStreet lowered shares of Digital Realty Trust from a “b-” rating to a “c+” rating in a report on Tuesday, December 1st. Five research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Digital Realty Trust has a consensus rating of “Buy” and an average target price of $160.40. Read more …

 

Illinois Tool Works (NYSE:ITW) was upgraded by The Goldman Sachs Group from a "sell" rating to a "neutral" rating in a research note issued on Tuesday, The Fly reports.

Other equities analysts have also issued research reports about the stock. Bank of America raised shares of Illinois Tool Works from an "underperform" rating to a "neutral" rating and boosted their price target for the company from $175.00 to $212.00 in a report on Thursday, October 29th. Credit Suisse Group raised shares of Illinois Tool Works from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $209.00 to $235.00 in a report on Tuesday, January 12th. BMO Capital Markets boosted their price target on shares of Illinois Tool Works from $205.00 to $225.00 in a report on Monday, October 26th. Wells Fargo & Company boosted their price target on shares of Illinois Tool Works from $220.00 to $225.00 and gave the company an "overweight" rating in a report on Monday, October 26th. Finally, Barclays boosted their price target on shares of Illinois Tool Works from $200.00 to $207.00 and gave the company an "equal weight" rating in a report on Tuesday, January 5th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company. Illinois Tool Works has a consensus rating of "Hold" and an average price target of $195.24. Read more …

 

Emerson Electric (NYSE:EMR) was upgraded by The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, Analyst Ratings Network reports. The firm presently has a $97.00 target price on the industrial products company’s stock, up from their prior target price of $89.00. The Goldman Sachs Group’s target price indicates a potential upside of 15.77% from the company’s previous close.

Other research analysts also recently issued reports about the company. UBS Group upgraded Emerson Electric from a “neutral” rating to a “buy” rating and boosted their price target for the company from $69.00 to $100.00 in a report on Friday. JPMorgan Chase & Co. boosted their price target on Emerson Electric from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Cowen reiterated a “buy” rating on shares of Emerson Electric in a report on Sunday, October 4th. Stephens began coverage on Emerson Electric in a report on Thursday, October 15th. They issued an “overweight” rating for the company. Finally, Credit Suisse Group boosted their price objective on shares of Emerson Electric from $77.00 to $79.00 and gave the company an “outperform” rating in a research note on Wednesday, November 4th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Emerson Electric presently has an average rating of “Buy” and an average price target of $76.31. Read more …

 

 

American Express (NYSE:AXP) was upgraded by stock analysts at JPMorgan Chase & Co. from an "underweight" rating to an "overweight" rating in a report issued on Tuesday, AnalystRatings.net reports. The firm presently has a $148.00 price target on the payment services company's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 16.72% from the company's current price.

AXP has been the subject of several other research reports. DZ Bank cut shares of American Express from a "buy" rating to a "hold" rating and set a $128.00 target price for the company. in a research report on Wednesday, December 9th. 140166 cut shares of American Express from a "positive" rating to a "neutral" rating and set a $110.00 target price for the company. in a research report on Friday, October 9th. Barclays upgraded shares of American Express from an "equal weight" rating to a "positive" rating and upped their target price for the stock from $114.00 to $132.00 in a research report on Thursday, December 10th. They noted that the move was a valuation call. Bank of America cut shares of American Express from a "neutral" rating to an "underperform" rating and decreased their price objective for the company from $106.00 to $95.00 in a report on Wednesday, September 23rd. Finally, Zacks Investment Research cut shares of American Express from a "hold" rating to a "sell" rating and set a $126.00 price objective for the company. in a report on Wednesday, November 25th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of "Hold" and an average target price of $117.46. Read more …

 

Week's Most Significant Insider Trades: Week of November 23, 2020

 

Disposals:

 

Duke Energy Co. (NYSE:DUK) COO Dhiaa M. Jamil sold 3,500 shares of the business's stock in a transaction dated Friday, November 20th. The shares were sold at an average price of $92.63, for a total value of $324,205.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Duke Energy stock traded up $0.75 during trading hours on Monday, hitting $93.33. The stock had a trading volume of 3,815,948 shares, compared to its average volume of 3,787,323. The company has a 50-day moving average of $93.03 and a two-hundred day moving average of $85.53. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 1.24. The company has a market cap of $68.14 billion, a PE ratio of 33.91, a price-to-earnings-growth ratio of 5.20 and a beta of 0.24. Duke Energy Co. has a fifty-two week low of $62.13 and a fifty-two week high of $103.79

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.87 EPS for the quarter, beating the consensus estimate of $1.79 by $0.08. The firm had revenue of $6.72 billion during the quarter, compared to analysts' expectations of $7.34 billion. Duke Energy had a return on equity of 8.28% and a net margin of 8.68%. The company's revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.79 EPS. As a group, analysts forecast that Duke Energy Co. will post 5.07 EPS for the current fiscal year. Read more ...

 

The TJX Companies, Inc. (NYSE:TJX) Chairman Carol Meyrowitz sold 77,892 shares of the business's stock in a transaction that occurred on Friday, November 20th. The stock was sold at an average price of $61.22, for a total value of $4,768,548.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

NYSE TJX traded up $1.12 on Monday, reaching $61.80. The company's stock had a trading volume of 8,248,813 shares, compared to its average volume of 8,232,387. The TJX Companies, Inc. has a 52 week low of $32.72 and a 52 week high of $65.14. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 1.17. The firm has a market cap of $74.10 billion, a PE ratio of 108.42, a price-to-earnings-growth ratio of 29.72 and a beta of 0.73. The business has a 50-day moving average price of $56.90 and a 200 day moving average price of $54.14.

The TJX Companies (NYSE:TJX) last released its quarterly earnings data on Tuesday, November 17th. The apparel and home fashions retailer reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.31. The TJX Companies had a return on equity of 13.62% and a net margin of 2.11%. During the same quarter in the prior year, the business earned $0.68 EPS. Analysts anticipate that The TJX Companies, Inc. will post 0.18 earnings per share for the current fiscal year. Read more ...

 

JPMorgan Chase & Co. (NYSE:JPM) EVP Marianne Lake sold 15,808 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Tuesday, November 24th. The shares were sold at an average price of $120.01, for a total transaction of $1,897,118.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

JPM stock traded up $5.45 during midday trading on Tuesday, reaching $123.32. The stock had a trading volume of 18,847,579 shares, compared to its average volume of 19,997,709. The firm has a fifty day simple moving average of $105.22 and a two-hundred day simple moving average of $99.51. JPMorgan Chase & Co. has a 52-week low of $76.91 and a 52-week high of $141.10. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market cap of $375.90 billion, a PE ratio of 16.12, a P/E/G ratio of 2.68 and a beta of 1.15.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Monday, October 19th. The financial services provider reported $2.92 earnings per share for the quarter, beating analysts' consensus estimates of $2.23 by $0.69. JPMorgan Chase & Co. had a return on equity of 10.85% and a net margin of 19.16%. The business had revenue of $29.90 billion for the quarter, compared to analyst estimates of $28.20 billion. During the same period in the prior year, the company earned $2.68 earnings per share. The company's revenue was up 4.0% on a year-over-year basis. On average, sell-side analysts predict that JPMorgan Chase & Co. will post 7.47 EPS for the current fiscal year. Read more …

 

 

Bristol-Myers Squibb (NYSE:BMY) EVP Rupert Vessey sold 13,421 shares of Bristol-Myers Squibb stock in a transaction on Monday, November 23rd. The stock was sold at an average price of $61.34, for a total transaction of $823,244.14. Following the sale, the executive vice president now owns 37,922 shares in the company, valued at $2,326,135.48. The sale was disclosed in a document filed with the SEC, which is available through this link.

BMY stock traded down $0.38 on Wednesday, hitting $62.84. 9,403,982 shares of the company were exchanged, compared to its average volume of 13,536,446. Bristol-Myers Squibb has a twelve month low of $45.76 and a twelve month high of $68.34. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.67 and a quick ratio of 1.58. The business’s fifty day moving average is $69.96 and its two-hundred day moving average is $80.55. The stock has a market capitalization of $143.05 billion, a price-to-earnings ratio of -574.68, a price-to-earnings-growth ratio of 1.07 and a beta of 0.67. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of January 14, 2019

Upgrades:

Citigroup upgraded shares of Emerson Electric (NYSE:EMR) from a sell rating to a neutral rating in a research report released on Monday, MarketBeat.com reports. Citigroup currently has $66.00 price target on the industrial products company’s stock. Other equities analysts also recently issued reports about the stock. Barclays boosted their target price on shares of Emerson Electric from $85.00 to $88.00 and gave the stock an overweight rating in a report on Monday, September 24th. Cowen restated a buy rating and set a $81.00 target price on shares of Emerson Electric in a report on Wednesday, September 19th. Zacks Investment Research upgraded shares of Emerson Electric from a sell rating to a hold rating in a report on Tuesday, January 8th. Bank of America boosted their target price on shares of Emerson Electric from $82.00 to $90.00 and gave the stock a buy rating in a report on Thursday, October 4th. Finally, Berenberg Bank set a $67.00 target price on shares of Emerson Electric and gave the stock a hold rating in a report on Monday, November 19th. Eleven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $74.86. Read more …

Wells Fargo & Co upgraded shares of Sherwin-Williams (NYSE:SHW) from a market perform rating to an outperform rating in a research note released on Monday morning, MarketBeat reports. The firm currently has $475.00 target price on the specialty chemicals company’s stock. Several other research firms have also recently weighed in on SHW. Gabelli assumed coverage on shares of Sherwin-Williams in a research report on Friday, September 21st. They issued a buy rating and a $553.00 price objective on the stock. Seaport Global Securities cut shares of Sherwin-Williams from a buy rating to a neutral rating in a research report on Monday, September 17th. They noted that the move was a valuation call. ValuEngine cut shares of Sherwin-Williams from a buy rating to a hold rating in a research report on Wednesday, October 3rd. Citigroup cut shares of Sherwin-Williams from a buy rating to a neutral rating and decreased their price objective for the stock from $492.00 to $435.00 in a research report on Wednesday, October 10th. Finally, Longbow Research assumed coverage on shares of Sherwin-Williams in a research report on Friday, November 30th. They issued a neutral rating on the stock. Nine equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of $459.85. Read more …

Credit Suisse Group upgraded shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) from a neutral rating to an outperform rating in a research report report published on Tuesday morning, Marketbeat Ratings reports. Credit Suisse Group currently has $95.00 target price on the transportation company’s stock, up from their previous target price of $90.00. Several other research analysts have also recently issued reports on CNI. Zacks Investment Research cut shares of Canadian National Railway from a buy rating to a hold rating in a report on Friday, October 26th. Raymond James restated a buy rating on shares of Canadian National Railway in a report on Tuesday, December 11th. Barclays restated a hold rating and issued a $88.00 target price on shares of Canadian National Railway in a report on Wednesday, September 26th. BMO Capital Markets restated a hold rating on shares of Canadian National Railway in a report on Sunday, December 16th. Finally, Deutsche Bank raised their target price on shares of Canadian National Railway from $96.00 to $101.00 and gave the stock a buy rating in a report on Monday, December 3rd. Eleven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $92.35. Read more …

W W Grainger (NYSE:GWW) was upgraded by research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm currently has a $281.21 price target on the industrial products company’s stock. Macquarie’s price target indicates a potential downside of 2.63% from the stock’s current price. A number of other research analysts have also commented on GWW. Oppenheimer upped their target price on W W Grainger from $400.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday, September 21st. Gordon Haskett started coverage on W W Grainger in a research note on Friday, October 12th. They issued a “hold” rating for the company. ValuEngine lowered W W Grainger from a “buy” rating to a “hold” rating in a research note on Wednesday, October 17th. BMO Capital Markets cut their target price on W W Grainger from $332.00 to $330.00 and set a “market perform” rating for the company in a research note on Wednesday, October 17th. Finally, Longbow Research restated a “hold” rating on shares of W W Grainger in a research note on Wednesday, October 17th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $301.37. Read more …

Notable Analyst Upgrades and Downgrades for Week of December 31, 2018

Upgrades:

Morgan Stanley upgraded shares of Baxter International (NYSE:BAX) from an equal weight rating to an overweight rating in a report released on Wednesday, Marketbeat Ratings reports. The firm currently has $77.00 price target on the medical instruments supplier’s stock, up from their previous price target of $66.00. A number of other analysts also recently commented on BAX. Zacks Investment Research reiterated a hold rating and issued a $71.00 price objective on shares of Baxter International in a report on Monday, November 12th. Piper Jaffray Companies cut their price objective on shares of Baxter International from $83.00 to $72.00 and set an overweight rating for the company in a report on Thursday, November 1st. Citigroup upgraded shares of Baxter International from a neutral rating to a buy rating and increased their price objective for the company from $69.00 to $76.00 in a report on Wednesday. BMO Capital Markets cut their price objective on shares of Baxter International from $86.00 to $76.00 and set an outperform rating for the company in a report on Thursday, November 1st. Finally, Credit Suisse Group began coverage on shares of Baxter International in a report on Monday, December 17th. They issued an outperform rating and a $77.00 price objective for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and sixteen have assigned a buy rating to the stock. Baxter International has an average rating of Buy and an average target price of $75.72. Read more …

Viacom (NASDAQ:VIAB) was upgraded by analysts at Barrington Research from a “market perform” rating to an “outperform” rating in a research report issued on Wednesday, Marketbeat Ratings reports. The firm presently has a $35.00 target price on the stock. Barrington Research’s target price suggests a potential upside of 32.63% from the stock’s previous close. Other analysts have also issued research reports about the company. BidaskClub raised Viacom from a “hold” rating to a “buy” rating in a report on Friday, October 19th. ValuEngine raised Viacom from a “sell” rating to a “hold” rating in a report on Tuesday, November 20th. Zacks Investment Research raised Viacom from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Friday, October 12th. UBS Group lowered Viacom from a “buy” rating to a “neutral” rating and set a $34.00 target price on the stock. in a report on Monday, November 5th. Finally, Wolfe Research began coverage on Viacom in a report on Friday, December 7th. They issued an “outperform” rating on the stock. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $33.76. Read more …

Royal Bank of Canada upgraded shares of Wells Fargo & Co (NYSE:WFC) from an underperform rating to a sector perform rating in a research report released on Wednesday morning, Marketbeat.com reports. They currently have $45.50 target price on the financial services provider’s stock. Several other equities analysts have also issued reports on the company. Zacks Investment Research lowered Wells Fargo & Co from a hold rating to a sell rating in a research report on Monday, December 17th. ValuEngine lowered Wells Fargo & Co from a hold rating to a sell rating in a research report on Wednesday, December 12th. Credit Suisse Group decreased their target price on Wells Fargo & Co from $62.00 to $60.00 and set a neutral rating for the company in a research report on Friday, December 7th. Citigroup upgraded Wells Fargo & Co from a neutral rating to a buy rating in a research report on Friday, November 2nd. Finally, BMO Capital Markets boosted their target price on Wells Fargo & Co to $65.00 and gave the stock a market perform rating in a research report on Monday, October 15th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $62.36. Read more …

Credit Suisse Group upgraded shares of Emerson Electric (NYSE:EMR) from a neutral rating to an outperform rating in a report issued on Thursday morning, Marketbeat reports. They currently have $59.60 price objective on the industrial products company’s stock. EMR has been the topic of several other research reports. Barclays lifted their price target on Emerson Electric from $85.00 to $88.00 and gave the stock an overweight rating in a research report on Monday, September 24th. Cowen reissued a buy rating and set a $81.00 price target on shares of Emerson Electric in a research report on Wednesday, September 19th. Bank of America upped their price objective on Emerson Electric from $82.00 to $90.00 and gave the company a buy rating in a research note on Thursday, October 4th. Berenberg Bank set a $67.00 price target on Emerson Electric and gave the stock a hold rating in a research report on Monday, November 19th. Finally, Gordon Haskett lowered Emerson Electric from a buy rating to a hold rating in a research note on Wednesday, December 12th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the stock. Emerson Electric currently has an average rating of Hold and a consensus target price of $75.55. Read more …

Notable Analyst Upgrades and Downgrades for Week of December 17, 2018

Upgrades:

JPMorgan Chase & Co. upgraded shares of Sherwin-Williams (NYSE:SHW) from a neutral rating to an overweight rating in a research report report published on Monday, MarketBeat reports. The brokerage currently has $415.00 price objective on the specialty chemicals company’s stock, up from their prior price objective of $380.00. A number of other equities research analysts have also recently weighed in on SHW. Zacks Investment Research cut Sherwin-Williams from a buy rating to a hold rating in a report on Thursday, October 18th. Deutsche Bank raised Sherwin-Williams from a hold rating to a buy rating and raised their price target for the company from $400.00 to $465.00 in a report on Tuesday, December 4th. Credit Suisse Group dropped their price target on Sherwin-Williams from $500.00 to $467.00 and set a buy rating for the company in a report on Friday, October 26th. Longbow Research began coverage on Sherwin-Williams in a report on Friday, November 30th. They set a neutral rating for the company. Finally, Buckingham Research dropped their price target on Sherwin-Williams from $425.00 to $410.00 and set a neutral rating for the company in a report on Friday, October 26th. Ten research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of $465.60. Read more …

UBS Group upgraded shares of Vodafone Group (NASDAQ:VOD) from a neutral rating to a buy rating in a report published on Monday, The Fly reports. A number of other analysts have also recently commented on the company. Zacks Investment Research upgraded Vodafone Group from a sell rating to a hold rating in a research report on Saturday, August 25th. Bank of America cut Vodafone Group from a buy rating to a neutral rating in a research report on Thursday, August 30th. Sanford C. Bernstein upgraded Vodafone Group from a market perform rating to an outperform rating and set a $40.00 price objective for the company in a research report on Tuesday, September 4th. Citigroup upgraded Vodafone Group from a neutral rating to a buy rating in a research report on Thursday, September 6th. Finally, Standpoint Research upgraded Vodafone Group from a reduce rating to a buy rating in a research report on Tuesday, September 11th. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Buy and an average price target of $33.36. Read more …

Darden Restaurants (NYSE:DRI) was upgraded by investment analysts at BTIG Research from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm currently has a $119.00 target price on the restaurant operator’s stock. BTIG Research’s price objective would suggest a potential upside of 18.25% from the company’s current price. DRI has been the subject of several other reports. Canaccord Genuity upped their price target on Darden Restaurants from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, September 21st. Zacks Investment Research upgraded Darden Restaurants from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a research report on Friday, October 5th. Mizuho increased their target price on Darden Restaurants from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, September 21st. SunTrust Banks increased their target price on Darden Restaurants to $137.00 and gave the company a “buy” rating in a research report on Friday, September 21st. Finally, Morgan Stanley increased their target price on Darden Restaurants from $110.00 to $112.00 and gave the company an “equal weight” rating in a research report on Friday, September 21st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nineteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $120.03. Read more …

JPMorgan Chase & Co. upgraded shares of Norfolk Southern (NYSE:NSC) from a neutral rating to an overweight rating in a research report report published on Tuesday, Marketbeat reports. The firm currently has $203.00 target price on the railroad operator’s stock, up from their previous target price of $198.00. NSC has been the subject of several other research reports. Zacks Investment Research raised Norfolk Southern from a hold rating to a buy rating and set a $169.00 price target for the company in a report on Monday. TD Securities raised Norfolk Southern from a hold rating to a buy rating in a report on Thursday, October 25th. They noted that the move was a valuation call. Morgan Stanley set a $113.00 price target on Norfolk Southern and gave the company a sell rating in a report on Monday, October 22nd. Bank of America upped their price target on Norfolk Southern from $183.00 to $187.00 and gave the company a buy rating in a report on Monday, October 1st. Finally, Barclays reaffirmed a hold rating and issued a $190.00 price target on shares of Norfolk Southern in a report on Wednesday, September 26th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $177.37. Read more …

Notable Analyst Upgrades and Downgrades for Week of December 10, 2018

Upgrades:

ABB (NYSE:ABB) was upgraded by research analysts at HSBC from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, The Fly reports. A number of other analysts also recently issued reports on ABB. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of ABB in a research note on Thursday, August 23rd. ValuEngine raised ABB from a “sell” rating to a “hold” rating in a research note on Wednesday, August 29th. DNB Markets started coverage on ABB in a research note on Monday, September 3rd. They issued a “buy” rating on the stock. Citigroup raised ABB from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 4th. Finally, Societe Generale raised ABB from a “hold” rating to a “buy” rating in a research note on Thursday, September 13th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. ABB currently has a consensus rating of “Hold” and a consensus price target of $24.34. Read more …

ConocoPhillips (NYSE:COP) was upgraded by Wolfe Research from a “market perform” rating to an “outperform” rating in a research note issued to investors on Monday, The Fly reports. Other equities analysts also recently issued research reports about the company. Mizuho reiterated a “hold” rating and set a $82.00 price target on shares of ConocoPhillips in a report on Monday, October 22nd. Zacks Investment Research upgraded ConocoPhillips from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a report on Monday, October 8th. Piper Jaffray Companies reiterated a “hold” rating and set a $66.00 price target on shares of ConocoPhillips in a report on Monday, November 19th. Royal Bank of Canada downgraded ConocoPhillips from an “outperform” rating to a “sector perform” rating and set a $90.00 price target on the stock. in a report on Thursday, September 20th. They noted that the move was a valuation call. Finally, Morgan Stanley increased their price target on ConocoPhillips from $83.00 to $84.00 and gave the company a “buy” rating in a report on Thursday, August 16th. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $75.22. Read more …

DIGITAL RLTY TR/SH (NYSE:DLR) was upgraded by stock analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. The brokerage presently has a $136.00 target price on the real estate investment trust’s stock, up from their previous target price of $124.00. Jefferies Financial Group’s target price would indicate a potential upside of 16.45% from the stock’s previous close. A number of other equities research analysts also recently issued reports on the stock. BMO Capital Markets set a $120.00 price target on shares of DIGITAL RLTY TR/SH and gave the company a “hold” rating in a research note on Friday, October 26th. Citigroup decreased their price target on shares of DIGITAL RLTY TR/SH from $131.00 to $126.00 and set a “buy” rating on the stock in a research note on Tuesday, November 6th. Guggenheim raised shares of DIGITAL RLTY TR/SH from a “neutral” rating to a “buy” rating and set a $125.00 price target on the stock in a research note on Monday, October 22nd. Royal Bank of Canada decreased their price target on shares of DIGITAL RLTY TR/SH from $131.00 to $124.00 and set an “outperform” rating on the stock in a research note on Monday, November 5th. Finally, Berenberg Bank began coverage on shares of DIGITAL RLTY TR/SH in a research report on Thursday, September 20th. They set a “hold” rating and a $127.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. DIGITAL RLTY TR/SH has a consensus rating of “Buy” and a consensus target price of $126.20. Read more …

Jefferies Financial Group upgraded shares of Sanofi (NYSE:SNY) from a hold rating to a buy rating in a research note published on Tuesday, MarketBeat Ratings reports. Jefferies Financial Group also issued estimates for Sanofi’s Q4 2018 earnings at $0.58 EPS, FY2018 earnings at $3.06 EPS, FY2019 earnings at $3.13 EPS, FY2020 earnings at $3.51 EPS, FY2021 earnings at $3.76 EPS and FY2022 earnings at $4.00 EPS. Several other equities analysts have also weighed in on SNY. Argus increased their price objective on Sanofi from $46.00 to $48.00 and gave the company a buy rating in a report on Friday, August 24th. Zacks Investment Research raised Sanofi from a sell rating to a hold rating in a report on Tuesday, August 28th. Bank of America raised Sanofi from a neutral rating to a buy rating and set a $55.00 price objective for the company in a report on Monday, September 10th. Guggenheim initiated coverage on Sanofi in a report on Monday, October 8th. They set a neutral rating for the company. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of Sanofi in a report on Monday, October 15th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. Sanofi presently has an average rating of Hold and a consensus target price of $49.50. Read more …