Notable Analyst Upgrades and Downgrades for Week of September 28, 2020

 

Upgrades:

FedEx (NYSE:FDX) was upgraded by Deutsche Bank from a "hold" rating to a "buy" rating in a research note issued to investors on Monday, Briefing.com reports. The firm currently has a $318.00 price objective on the shipping service provider's stock. Deutsche Bank's price target suggests a potential upside of 27.11% from the company's current price.

 

Other equities analysts have also issued reports about the stock. Robert W. Baird raised their price target on shares of FedEx from $232.00 to $275.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 16th. Berenberg Bank set a $280.00 price objective on shares of FedEx and gave the stock a "buy" rating in a research note on Thursday, September 3rd. Stifel Nicolaus raised shares of FedEx from a "hold" rating to a "buy" rating and raised their price objective for the stock from $175.00 to $281.00 in a research note on Thursday. Evercore ISI started coverage on shares of FedEx in a research note on Wednesday, September 9th. They set an "outperform" rating and a $300.00 price objective on the stock. Finally, Barclays raised their price objective on shares of FedEx from $205.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Wednesday, September 16th. Eight analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. FedEx presently has an average rating of "Buy" and a consensus target price of $271.60. Read more …

Chevron (NYSE:CVX) was upgraded by equities research analysts at BofA Securities from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm presently has a $96.00 price target on the oil and gas company's stock. BofA Securities' price objective would indicate a potential upside of 33.65% from the stock's current price.

 

Other research analysts have also issued research reports about the stock. MKM Partners started coverage on shares of Chevron in a research report on Thursday. They issued a "buy" rating and a $121.00 price target for the company. Morgan Stanley increased their price target on shares of Chevron from $104.00 to $108.00 and gave the stock an "overweight" rating in a research report on Friday, August 21st. JPMorgan Chase & Co. increased their price target on shares of Chevron from $103.00 to $109.00 and gave the stock an "overweight" rating in a research report on Monday, June 8th. Scotiabank lowered shares of Chevron from a "sector outperform" rating to a "sector perform" rating and set a $95.00 price target for the company. in a research report on Wednesday, September 23rd. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $108.00 price target on shares of Chevron in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. Chevron presently has a consensus rating of "Buy" and a consensus target price of $107.83. Read more …

ONEOK (NYSE:OKE) had its price target lowered by stock analysts at Bank of America from $35.00 to $31.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a "neutral" rating on the utilities provider's stock. Bank of America's target price indicates a potential upside of 15.80% from the stock's current price.

 

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada lifted their price objective on ONEOK from $31.00 to $33.00 and gave the company a "sector perform" rating in a report on Thursday, July 30th. Mizuho lowered their price objective on ONEOK from $40.00 to $34.00 and set a "neutral" rating on the stock in a report on Tuesday, July 7th. Wells Fargo & Company lowered ONEOK from an "overweight" rating to an "equal weight" rating and set a $33.00 price objective on the stock. in a report on Wednesday, July 22nd. Stifel Nicolaus decreased their price target on ONEOK from $38.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Scotiabank lowered ONEOK from a "sector outperform" rating to a "sector perform" rating and set a $31.00 price target on the stock. in a research note on Monday, September 21st. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of "Hold" and a consensus price target of $37.60. Read more …

Starbucks (NASDAQ:SBUX) was upgraded by equities researchers at Cowen from a "market perform" rating to an "outperform" rating in a report issued on Wednesday, Briefing.com reports. The firm currently has a $99.00 target price on the coffee company's stock, up from their prior target price of $77.00. Cowen's price objective would suggest a potential upside of 16.75% from the stock's previous close.

 

Several other research firms also recently commented on SBUX. JPMorgan Chase & Co. increased their target price on shares of Starbucks from $76.00 to $80.00 and gave the stock a "neutral" rating in a research report on Monday, September 21st. Zacks Investment Research upgraded shares of Starbucks from a "sell" rating to a "hold" rating and set a $86.00 price target for the company in a report on Monday, June 8th. Bank of America upped their price target on shares of Starbucks from $82.00 to $88.00 and gave the company a "neutral" rating in a report on Monday. Telsey Advisory Group decreased their price target on shares of Starbucks from $90.00 to $80.00 and set a "market perform" rating for the company in a report on Tuesday, June 23rd. Finally, Atlantic Securities began coverage on shares of Starbucks in a report on Monday, June 15th. They set an "overweight" rating and a $95.00 price target for the company. Fifteen equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of "Buy" and a consensus target price of $85.42. Read more …

Notable Analyst Upgrades and Downgrades for Week of June 1, 2020

Upgrades:

W W Grainger (NYSE:GWW) was upgraded by stock analysts at Longbow Research from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Other equities analysts also recently issued research reports about the company. Robert W. Baird raised W W Grainger from a “neutral” rating to an “outperform” rating and cut their price objective for the company from $340.00 to $300.00 in a research report on Friday, March 27th. Morgan Stanley increased their price target on W W Grainger from $259.00 to $282.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Gordon Haskett downgraded W W Grainger from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $313.00 to $278.00 in a research report on Tuesday, April 7th. Royal Bank of Canada dropped their price target on W W Grainger from $194.00 to $191.00 and set an “underperform” rating on the stock in a research report on Friday, April 24th. Finally, Gabelli raised W W Grainger from a “hold” rating to a “buy” rating in a research report on Monday, February 3rd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $286.80. Read more …

Eaton Vance (NYSE:EV) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a report issued on Tuesday, The Fly reports.

Other research analysts also recently issued research reports about the stock. ValuEngine raised shares of Eaton Vance from a “strong sell” rating to a “sell” rating in a research report on Tuesday, February 4th. Cfra raised their target price on shares of Eaton Vance from $37.00 to $43.00 and gave the company a “buy” rating in a research report on Friday. Credit Suisse Group lifted their price objective on shares of Eaton Vance from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Thursday, May 21st. Citigroup decreased their price objective on shares of Eaton Vance from $50.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Finally, Zacks Investment Research downgraded shares of Eaton Vance from a “hold” rating to a “sell” rating and set a $40.00 price objective for the company. in a research report on Tuesday, May 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $39.13. Read more …

Lowe’s Companies (NYSE:LOW) was upgraded by research analysts at Gordon Haskett from a “hold” rating to a “buy” rating in a research note issued on Tuesday, The Fly reports. The brokerage currently has a $151.00 price target on the home improvement retailer’s stock, up from their previous price target of $110.00. Gordon Haskett’s target price indicates a potential upside of 16.76% from the stock’s current price.

Several other equities analysts have also commented on LOW. Guggenheim reaffirmed a “buy” rating and issued a $135.00 price target on shares of Lowe’s Companies in a research note on Wednesday, May 20th. Robert W. Baird upped their price target on Lowe’s Companies from $115.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, May 18th. Wolfe Research raised Lowe’s Companies from a “peer perform” rating to an “outperform” rating in a research note on Wednesday, March 25th. KeyCorp increased their target price on Lowe’s Companies from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, Loop Capital increased their target price on Lowe’s Companies from $105.00 to $140.00 in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $133.11. Read more …

Wells Fargo & Co (NYSE:WFC) was upgraded by equities researchers at Deutsche Bank from a “hold” rating to a “buy” rating in a research report issued on Wednesday, Marketbeat Ratings reports. The brokerage currently has a $34.00 price objective on the financial services provider’s stock. Deutsche Bank’s target price indicates a potential upside of 12.51% from the company’s current price.

WFC has been the subject of a number of other reports. Credit Suisse Group cut their price objective on Wells Fargo & Co from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. Cfra raised Wells Fargo & Co from a “sell” rating to a “hold” rating and cut their price objective for the stock from $48.00 to $42.00 in a research report on Wednesday, March 4th. Citigroup dropped their target price on Wells Fargo & Co from $43.00 to $37.00 and set a “neutral” rating for the company in a research report on Friday, March 27th. Nomura Securities reaffirmed a “buy” rating and issued a $31.00 target price on shares of Wells Fargo & Co in a research report on Thursday, April 16th. Finally, BMO Capital Markets dropped their target price on Wells Fargo & Co from $37.00 to $35.00 and set a “market perform” rating for the company in a research report on Wednesday, April 15th. Six research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three 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 $38.41. Read more …

Notable Analyst Upgrades and Downgrades for Week of November 26, 2018

Upgrades:

Novartis (NYSE:NVS) was upgraded by stock analysts at Cowen from a “market perform” rating to an “outperform” rating in a note issued to investors on Monday, The Fly reports. NVS has been the topic of a number of other research reports. Goldman Sachs Group raised shares of Novartis from a “neutral” rating to a “conviction-buy” rating in a report on Friday, November 16th. Bank of America raised Novartis from an “underperform” rating to a “buy” rating and set a $74.71 price target on the stock in a report on Monday, September 10th. Zacks Investment Research cut Novartis from a “hold” rating to a “sell” rating in a report on Wednesday, August 29th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Novartis in a report on Thursday, October 11th. Finally, Citigroup raised Novartis from a “neutral” rating to a “buy” rating in a report on Tuesday, September 11th. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $84.86. Read more …

HSBC upgraded shares of Schlumberger (NYSE:SLB) from a hold rating to a buy rating in a research note released on Monday, Marketbeat Ratings reports. Several other research analysts also recently commented on SLB. Zacks Investment Research downgraded shares of Schlumberger from a hold rating to a strong sell rating in a research report on Tuesday, October 23rd. ValuEngine upgraded shares of Schlumberger from a sell rating to a hold rating in a research report on Thursday, October 4th. Macquarie set a $71.00 price objective on shares of Schlumberger and gave the company a hold rating in a research report on Tuesday, October 2nd. Wolfe Research began coverage on shares of Schlumberger in a research report on Wednesday, October 10th. They set a market perform rating for the company. Finally, Stephens began coverage on shares of Schlumberger in a research report on Friday, October 12th. They set a weight rating for the company. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of $76.94. Read more …

AT&T (NYSE:T) was upgraded by research analysts at Moffett Nathanson from a “sell” rating to a “neutral” rating in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm presently has a $28.00 target price on the technology company’s stock. Moffett Nathanson’s price objective would indicate a potential downside of 8.02% from the stock’s previous close. A number of other research firms have also recently commented on T. Bank of America set a $37.00 target price on shares of AT&T and gave the stock a “buy” rating in a research report on Tuesday, October 23rd. ValuEngine raised shares of AT&T from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 12th. Macquarie reaffirmed a “buy” rating and issued a $35.00 price target on shares of AT&T in a report on Wednesday, September 12th. Wells Fargo & Co cut shares of AT&T from an “outperform” rating to a “market perform” rating and set a $40.00 price target on the stock. in a report on Wednesday, August 22nd. Finally, Robert W. Baird cut their price target on shares of AT&T from $38.00 to $35.00 and set an “outperform” rating on the stock in a report on Thursday, October 25th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $36.35. Read more …

Union Pacific (NYSE:UNP) was upgraded by equities researchers at Deutsche Bank from a “hold” rating to a “buy” rating in a report issued on Tuesday, The Fly reports. The firm currently has a $175.00 price objective on the railroad operator’s stock. Deutsche Bank’s price objective would suggest a potential upside of 15.15% from the stock’s current price. Other equities research analysts also recently issued reports about the company. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a research report on Wednesday, September 19th. UBS Group increased their price target on Union Pacific from $161.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, September 20th. Bank of America downgraded Union Pacific from a “buy” rating to a “neutral” rating and set a $164.00 price target on the stock. in a research report on Thursday, October 18th. Loop Capital raised Union Pacific from a “hold” rating to a “buy” rating in a research report on Tuesday, September 18th. Finally, Barclays reaffirmed a “buy” rating and set a $180.00 price target on shares of Union Pacific in a research report on Wednesday, September 26th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $165.24. Read more …

Notable Analyst Upgrades and Downgrades for Week of August 21, 2017

Upgrades:

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) was upgraded by analysts at Scotiabank from a “sector perform” rating to an “outperform” rating in a report released on Monday. The brokerage currently has a C$73.00 target price on the stock, up from their previous target price of C$71.00. Scotiabank’s target price suggests a potential upside of 14.55% from the stock’s previous close. Other analysts have also issued research reports about the company. Barclays PLC increased their price objective on Toronto-Dominion Bank from C$69.00 to C$70.00 in a report on Friday, August 11th. Read more …

Eaton Vance Corporation (NYSE:EV) was upgraded by equities research analysts at J P Morgan Chase & Co from an “underweight” rating to a “neutral” rating in a report issued on Thursday, The Fly reports. A number of other equities analysts have also recently issued reports on the company. Bank of America Corporation increased their target price on Eaton Vance Corporation from $47.00 to $49.00 and gave the stock a “neutral” rating in a report on Thursday, May 25th. Read more …

Downgrades:

Royal Bank Of Canada (NYSE:RY) (TSE:RY) was downgraded by stock analysts at Scotiabank from an “outperform” rating to a “sector perform” rating in a research report issued on Monday. Other analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Royal Bank Of Canada from a “sell” rating to a “buy” rating and set a $83.00 target price on the stock in a report on Wednesday, August 9th. Canaccord Genuity started coverage on shares of Royal Bank Of Canada in a report on Tuesday, July 18th. They issued a “hold” rating on the stock. Read more …

Brookfield Infrastructure Partners LP (NYSE:BIP) (TSE:BIP.UN) was downgraded by investment analysts at Credit Suisse Group from an “outperform” rating to a “neutral” rating in a report issued on Tuesday. BIP has been the topic of several other research reports. Zacks Investment Research raised shares of Brookfield Infrastructure Partners from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a report on Friday, June 2nd. Royal Bank Of Canada lifted their price target on shares of Brookfield Infrastructure Partners from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Friday, May 5th. Read more …

Credit Suisse Group lowered shares of Deere & Company (NYSE:DE) from a neutral rating to an outperform rating in a research note released on Tuesday. A number of other research firms have also weighed in on DE. BidaskClub lowered shares of Deere & from a buy rating to a hold rating in a report on Wednesday, June 28th. Barclays PLC upped their target price on shares of Deere & from $82.00 to $90.00 and gave the stock a sell rating in a report on Monday, May 22nd. Read more …

Citigroup Inc. lowered shares of BHP Billiton plc (LON:BLT) to a neutral rating in a research report sent to investors on Wednesday morning. Citigroup Inc. currently has GBX 1,400 ($18.17) price objective on the mining company’s stock, up from their prior price objective of GBX 1,350 ($17.53). Several other brokerages have also recently issued reports on BLT. UBS AG set a GBX 1,375 ($17.85) price target on BHP Billiton plc and gave the company a buy rating in a research report on Tuesday. Goldman Sachs Group, Inc. (The) restated a sell rating and issued a GBX 1,075 ($13.96) price target on shares of BHP Billiton plc in a research report on Tuesday. Read more …

Lowe’s Companies, Inc. (NYSE:LOW) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, The Fly reports. Other analysts also recently issued research reports about the stock. Credit Suisse Group set a $94.00 price target on shares of Lowe’s Companies and gave the company a “buy” rating in a report on Tuesday, May 2nd. Read more …

Teva Pharmaceutical Industries Limited (NYSE:TEVA) was downgraded by stock analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a note issued to investors on Wednesday, The Fly reports. Several other equities research analysts also recently weighed in on TEVA. Citigroup Inc. decreased their price target on shares of Teva Pharmaceutical Industries Limited from $47.00 to $42.00 and set a “buy” rating for the company in a research note on Tuesday, April 25th. Read more …

Whole Foods Market, Inc. (NASDAQ:WFM) was downgraded by equities research analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating in a research report issued on Wednesday, The Fly reports. Several other analysts have also weighed in on WFM. Royal Bank Of Canada upped their target price on Whole Foods Market from $35.00 to $42.00 and gave the company an “outperform” rating in a report on Thursday, April 27th. Read more …

J.M. Smucker Company (The) (NYSE:SJM) was downgraded by equities researchers at J P Morgan Chase & Co from an “overweight” rating to a “neutral” rating in a research note issued to investors on Thursday. Other research analysts have also issued research reports about the company. Citigroup Inc. cut their price objective on J.M. Smucker Company (The) from $161.00 to $155.00 and set a “buy” rating for the company in a report on Tuesday, May 9th. Read more …

Hormel Foods Corp (HRL) was Downgraded by Credit Suisse to ” Neutral”. Earlier the firm had a rating of “Outperform ” on the company shares. Credit Suisse advised their Clients and Investors in a research report released on Aug 25, 2017. On the company’s financial health, Hormel Foods Corp reported $0.34 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Aug 24, 2017. Analyst had a consensus of $0.37. The company had revenue of $2207.40 million for the quarter, compared to analysts expectations of $2241.84 million. The company’s revenue was down -4.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.36 EPS. Read more …