Notable Analyst Upgrades and Downgrades for Week of May 9 2022

 

Upgrades:

 

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was upgraded by investment analysts at TD Securities from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

A number of other brokerages have also recently issued reports on BEP. National Bankshares increased their target price on Brookfield Renewable Partners from $38.00 to $41.00 and gave the stock an “outperform” rating in a report on Tuesday, April 19th. National Bank Financial upgraded Brookfield Renewable Partners from a “sector perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research report on Tuesday, January 18th. Zacks Investment Research lowered Brookfield Renewable Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, April 18th. CIBC upgraded Brookfield Renewable Partners from a “neutral” rating to a “sector outperform” rating and decreased their price objective for the company from $42.00 to $40.00 in a research report on Tuesday, January 11th. Finally, JPMorgan Chase & Co. decreased their price objective on Brookfield Renewable Partners from $46.00 to $39.00 in a research report on Thursday, January 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, Brookfield Renewable Partners has an average rating of “Buy” and a consensus target price of $42.38. Read more …

 

Fortis (TSE:FTS) was upgraded by research analysts at Veritas Investment Research to a “buy” rating in a research note issued on Monday, Stock Target Advisor reports.

FTS has been the topic of a number of other reports. National Bankshares boosted their target price on shares of Fortis from C$59.00 to C$60.00 and gave the stock a “sector perform” rating in a report on Thursday. Raymond James set a C$58.00 price objective on shares of Fortis and gave the stock a “market perform” rating in a research report on Thursday. BMO Capital Markets reaffirmed a “hold” rating and set a C$60.00 price objective (up from C$57.00) on shares of Fortis in a research report on Tuesday, March 15th. Credit Suisse Group lifted their price objective on shares of Fortis to C$66.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 13th. Finally, CIBC boosted their target price on shares of Fortis from C$60.00 to C$63.00 in a research report on Thursday, April 21st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$61.81. Read more …

 

Genuine Parts (NYSE:GPC) was upgraded by equities researchers at Bank of America from an "underperform" rating to a "neutral" rating in a report released on Tuesday, The Fly reports. The firm currently has a $133.00 target price on the specialty retailer's stock. Bank of America's price target indicates a potential upside of 0.80% from the stock's current price. The analysts noted that the move was a valuation call.

GPC has been the subject of a number of other reports. Wedbush restated a "neutral" rating on shares of Genuine Parts in a research report on Friday, February 18th. Truist Financial started coverage on Genuine Parts in a research report on Thursday, January 13th. They set a "hold" rating and a $142.00 price objective for the company. Finally, StockNews.com started coverage on Genuine Parts in a research report on Thursday, March 31st. They set a "strong-buy" rating for the company. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Genuine Parts presently has a consensus rating of "Hold" and an average price target of $139.25. Read more …

 

 

Wells Fargo & Company upgraded shares of Albemarle (NYSE:ALB) from an equal weight rating to an overweight rating in a report issued on Wednesday, The Fly reports. The brokerage currently has $285.00 target price on the specialty chemicals company’s stock, up from their previous target price of $215.00.

Several other brokerages also recently weighed in on ALB. Mizuho upped their target price on Albemarle from $243.00 to $293.00 in a research report on Friday, May 6th. Deutsche Bank Aktiengesellschaft upped their price objective on Albemarle from $250.00 to $290.00 in a research note on Friday, May 6th. Bank of America cut their price objective on Albemarle from $230.00 to $216.00 in a research note on Friday, February 18th. TheStreet upgraded Albemarle from a c+ rating to a b rating in a research note on Wednesday, May 4th. Finally, StockNews.com upgraded Albemarle from a sell rating to a hold rating in a research note on Friday, May 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of Buy and an average target price of $272.89. Read more …

 

Federal Realty Investment Trust (NYSE:FRT) was upgraded by equities research analysts at Raymond James from a "market perform" rating to a "strong-buy" rating in a research note issued on Thursday, Briefing.com reports. The firm currently has a $140.00 target price on the real estate investment trust's stock. Raymond James' target price points to a potential upside of 28.65% from the company's previous close.

Several other equities analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their target price on Federal Realty Investment Trust from $150.00 to $143.00 and set a "buy" rating on the stock in a research report on Thursday, March 31st. Mizuho dropped their target price on Federal Realty Investment Trust from $142.00 to $129.00 and set a "buy" rating on the stock in a research report on Tuesday, February 15th. Wells Fargo & Company decreased their price target on Federal Realty Investment Trust from $130.00 to $125.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 7th. Capital One Financial raised Federal Realty Investment Trust from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $130.00 to $145.00 in a research note on Wednesday, February 9th. Finally, StockNews.com initiated coverage on Federal Realty Investment Trust in a research note on Thursday, March 31st. They set a "hold" rating on the stock. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $134.42. Read more …

 

TC Energy (NYSE:TRP) (TSE:TRP) was upgraded by CIBC from a "neutral" rating to a "sector outperform" rating in a research report issued on Thursday, The Fly reports.

A number of other research firms also recently weighed in on TRP. National Bank Financial raised their price target on TC Energy from C$65.00 to C$66.00 in a research report on Thursday, February 17th. US Capital Advisors cut TC Energy from an "overweight" rating to a "hold" rating in a research note on Friday, March 11th. Zacks Investment Research cut TC Energy from a "hold" rating to a "sell" rating and set a $58.00 price target on the stock. in a research report on Thursday, April 28th. Wells Fargo & Company boosted their price objective on shares of TC Energy from $63.00 to $68.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 22nd. Finally, Scotiabank boosted their target price on shares of TC Energy from C$72.00 to C$78.00 in a research note on Wednesday, April 13th. Four analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $67.17. Read more …

 

 

WEC Energy Group (NYSE:WEC) was upgraded by analysts at Bank of America from a "neutral" rating to a "buy" rating in a report released on Friday, The Fly reports.

WEC has been the topic of a number of other research reports. StockNews.com initiated coverage on shares of WEC Energy Group in a research note on Thursday, March 31st. They set a "hold" rating on the stock. Evercore ISI restated a "hold" rating and set a $97.00 price target on shares of WEC Energy Group in a research note on Friday, February 4th. The Goldman Sachs Group upgraded shares of WEC Energy Group from a "sell" rating to a "neutral" rating and set a $99.00 price target on the stock in a research note on Thursday, January 13th. Credit Suisse Group initiated coverage on shares of WEC Energy Group in a research note on Monday, April 25th. They set a "neutral" rating and a $108.00 price target on the stock. Finally, BMO Capital Markets restated a "hold" rating and set a $98.00 price target on shares of WEC Energy Group in a research note on Friday, February 4th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, WEC Energy Group has an average rating of "Hold" and an average target price of $101.00. Read more …

 

Waste Management (NYSE:WM) was upgraded by Bank of America from an "underperform" rating to a "neutral" rating in a note issued to investors on Friday, The Fly reports.

Several other equities research analysts also recently weighed in on the company. BMO Capital Markets downgraded Waste Management from an "outperform" rating to a "market perform" rating and set a $174.00 price target on the stock. in a report on Tuesday, April 12th. Raymond James increased their price objective on Waste Management from $167.00 to $170.00 and gave the stock an "outperform" rating in a research note on Friday, April 22nd. cut Waste Management to a "hold" rating in a research note on Wednesday, February 9th. JPMorgan Chase & Co. began coverage on Waste Management in a research note on Tuesday, March 1st. They issued a "neutral" rating and a $153.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Waste Management from $157.00 to $167.00 in a research note on Thursday, April 28th. Six research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Waste Management presently has an average rating of "Hold" and a consensus target price of $161.00. Read more …

 

 

Downgrades:

 

Domino's Pizza (NYSE:DPZ) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating in a research note issued on Monday, The Fly reports.

A number of other equities research analysts have also issued reports on DPZ. Guggenheim cut their price target on shares of Domino's Pizza from $445.00 to $370.00 in a report on Friday. BMO Capital Markets cut their price target on shares of Domino's Pizza from $450.00 to $400.00 in a report on Friday, April 29th. Oppenheimer cut their price target on shares of Domino's Pizza from $510.00 to $435.00 in a report on Friday, April 29th. Cowen cut their price target on shares of Domino's Pizza from $390.00 to $365.00 in a report on Friday, April 29th. Finally, Credit Suisse Group cut their target price on shares of Domino's Pizza from $475.00 to $400.00 in a research note on Friday, April 29th. One analyst has rated the stock with a sell rating, twenty-three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $440.04. Read more …

 

 

Novartis (NYSE:NVS) was downgraded by equities research analysts at Wolfe Research from an "outperform" rating to a "market perform" rating in a research report issued on Monday, MarketBeat reports.

Several other research firms have also recently weighed in on NVS. Barclays upped their target price on Novartis from CHF 80 to CHF 85 in a research note on Thursday, April 14th. StockNews.com assumed coverage on Novartis in a research report on Thursday, March 31st. They set a "strong-buy" rating for the company. UBS Group lifted their target price on Novartis from CHF 85 to CHF 88 and gave the company a "neutral" rating in a research report on Wednesday, April 27th. Societe Generale dropped their target price on shares of Novartis from CHF 107 to CHF 105 in a report on Thursday, February 3rd. Finally, Morgan Stanley lifted their price target on shares of Novartis from CHF 90 to CHF 94 in a report on Friday. Three research analysts have rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $90.50. Read more …

 

Edison International (NYSE:EIX) was downgraded by investment analysts at Mizuho from a “buy” rating to a “neutral” rating in a report issued on Tuesday, Briefing.com reports. They currently have a $72.00 price objective on the utilities provider’s stock, down from their previous price objective of $82.00. Mizuho’s price target suggests a potential upside of 2.77% from the company’s current price.

EIX has been the topic of several other research reports. Morgan Stanley dropped their price target on Edison International from $66.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 26th. Wells Fargo & Company boosted their price target on Edison International from $70.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, March 30th. Citigroup boosted their price target on Edison International from $67.00 to $79.00 in a research report on Wednesday, May 4th. StockNews.com initiated coverage on Edison International in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Royal Bank of Canada boosted their price target on Edison International from $73.00 to $82.00 and gave the company an “outperform” rating in a research report on Thursday, April 14th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Edison International presently has an average rating of “Hold” and a consensus price target of $71.75. Read more …

 

Essex Property Trust (NYSE:ESS) was downgraded by research analysts at Barclays from an "equal weight" rating to an "underweight" rating in a research report issued on Tuesday, Briefing.com reports. They presently have a $310.00 target price on the real estate investment trust's stock, down from their prior target price of $367.00. Barclays's price target would indicate a potential upside of 4.74% from the stock's previous close.

A number of other brokerages also recently weighed in on ESS. Truist Financial lowered their target price on Essex Property Trust from $378.00 to $370.00 and set a "buy" rating for the company in a report on Monday, March 21st. Mizuho lowered their target price on Essex Property Trust from $382.00 to $342.00 and set a "buy" rating for the company in a report on Wednesday, February 16th. KeyCorp lifted their target price on Essex Property Trust from $363.00 to $371.00 and gave the stock an "overweight" rating in a report on Thursday, January 13th. Morgan Stanley boosted their price objective on Essex Property Trust from $335.00 to $365.00 and gave the company an "equal weight" rating in a report on Friday, April 8th. Finally, StockNews.com initiated coverage on Essex Property Trust in a report on Thursday, March 31st. They set a "hold" rating for the company. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Essex Property Trust presently has a consensus rating of "Hold" and a consensus price target of $358.13. Read more …

 

 

Home Depot (NYSE:HD) was downgraded by analysts at OTR Global to a “positive” rating in a report issued on Tuesday, The Fly reports.

HD has been the topic of several other reports. UBS Group dropped their price objective on Home Depot from $470.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, February 23rd. Telsey Advisory Group dropped their price objective on Home Depot from $425.00 to $375.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 23rd. Citigroup dropped their price objective on Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a research note on Wednesday, February 23rd. Robert W. Baird dropped their price objective on Home Depot from $425.00 to $380.00 in a research note on Tuesday, February 22nd. Finally, Guggenheim dropped their price objective on Home Depot from $425.00 to $400.00 and set a “buy” rating on the stock in a research note on Wednesday, February 23rd. Five investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. According to MarketBeat.com, Home Depot has a consensus rating of “Buy” and an average target price of $387.43. Read more …

 

Lowe’s Companies (NYSE:LOW) was downgraded by stock analysts at OTR Global to a “positive” rating in a report released on Tuesday, The Fly reports.

Other equities research analysts have also issued reports about the company. Telsey Advisory Group lifted their target price on Lowe’s Companies from $275.00 to $285.00 and gave the company an “outperform” rating in a research report on Thursday, February 24th. Loop Capital cut their price target on Lowe’s Companies from $240.00 to $190.00 in a report on Tuesday, April 12th. Morgan Stanley lifted their price target on Lowe’s Companies from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Tuesday, January 18th. StockNews.com upgraded Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Thursday, May 5th. Finally, Gordon Haskett downgraded Lowe’s Companies from a “buy” rating to an “accumulate” rating in a report on Friday. One analyst has rated the stock with a sell rating, two have given a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $260.80. Read more …

 

Altria Group (NYSE:MO) was downgraded by Sanford C. Bernstein from an "outperform" rating to a "market perform" rating in a report issued on Tuesday, Briefing.com reports. They currently have a $53.00 target price on the stock, down from their prior target price of $58.00. Sanford C. Bernstein's price objective points to a potential downside of 4.09% from the stock's previous close.

Other analysts also recently issued reports about the company. Morgan Stanley increased their price target on Altria Group from $47.00 to $51.00 and gave the company an "equal weight" rating in a report on Wednesday, January 26th. The Goldman Sachs Group upgraded Altria Group from a "neutral" rating to a "buy" rating and increased their price target for the company from $48.00 to $57.00 in a report on Tuesday, March 22nd. StockNews.com started coverage on Altria Group in a report on Thursday, March 31st. They issued a "buy" rating for the company. Cowen increased their price target on Altria Group from $51.00 to $53.00 in a report on Thursday, April 7th. Finally, Royal Bank of Canada downgraded Altria Group from an "outperform" rating to a "sector perform" rating and set a $53.00 price target for the company. in a report on Monday, March 28th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $53.75. Read more …

 

 

TELUS (TSE:T) (NYSE:TU) was downgraded by Barclays to a “hold” rating in a research report issued to clients and investors on Tuesday, TipRanks reports. They currently have a C$26.00 target price on the stock. Barclays‘s price objective indicates a potential downside of 16.72% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. TD Securities downgraded shares of TELUS from a “buy” rating to a “hold” rating and set a C$34.00 price objective for the company. in a research report on Monday, March 7th. Canaccord Genuity Group increased their price objective on shares of TELUS from C$33.00 to C$34.00 in a research report on Friday, February 11th. BMO Capital Markets increased their price objective on shares of TELUS from C$32.00 to C$34.00 in a research report on Friday, February 11th. JPMorgan Chase & Co. raised shares of TELUS from a “neutral” rating to a “buy” rating and increased their price objective for the stock from C$30.00 to C$36.00 in a research report on Monday, February 14th. Finally, CIBC downgraded shares of TELUS from an “outperform” rating to a “hold” rating and raised their target price for the company from C$33.50 to C$34.00 in a research report on Friday, April 22nd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, TELUS currently has an average rating of “Buy” and a consensus price target of C$33.42. Read more …

 

Air Products and Chemicals (NYSE:APD) was downgraded by equities research analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other equities research analysts have also recently weighed in on the stock. StockNews.com began coverage on shares of Air Products and Chemicals in a research note on Thursday, March 31st. They set a "hold" rating on the stock. Barclays cut their price objective on shares of Air Products and Chemicals from $300.00 to $275.00 in a research note on Monday. Bank of America cut shares of Air Products and Chemicals from a "buy" rating to a "neutral" rating and cut their price objective for the company from $337.00 to $285.00 in a research note on Monday, February 7th. Cowen cut their price objective on shares of Air Products and Chemicals from $365.00 to $345.00 in a research note on Monday, February 7th. Finally, JPMorgan Chase & Co. upgraded shares of Air Products and Chemicals from a "neutral" rating to an "overweight" rating and set a $275.00 price target on the stock in a research report on Monday, March 21st. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $308.20. Read more …

 

Corning (NYSE:GLW) was downgraded by equities research analysts at Barclays from an "overweight" rating to an "equal weight" rating in a report released on Wednesday, Briefing.com reports. They presently have a $38.00 price objective on the electronics maker's stock, down from their prior price objective of $53.00. Barclays's price target suggests a potential upside of 5.56% from the company's previous close.

Several other equities analysts have also commented on GLW. The Goldman Sachs Group restated a "buy" rating and issued a $50.00 price objective on shares of Corning in a report on Friday, March 11th. Susquehanna Bancshares upgraded shares of Corning from a "neutral" rating to a "positive" rating and increased their target price for the stock from $38.00 to $50.00 in a report on Friday, January 28th. Bank of America reduced their target price on shares of Corning from $48.00 to $45.00 in a report on Tuesday, January 25th. Zacks Investment Research upgraded shares of Corning from a "sell" rating to a "hold" rating and set a $45.00 target price on the stock in a report on Monday, January 31st. Finally, Susquehanna upgraded shares of Corning from a "neutral" rating to a "positive" rating and increased their target price for the stock from $38.00 to $50.00 in a report on Friday, January 28th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, Corning has a consensus rating of "Buy" and an average target price of $46.00. Read more …

 

 

American Express (NYSE:AXP) was downgraded by stock analysts at Wolfe Research from an "outperform" rating to a "peer perform" rating in a research report issued on Thursday, The Fly reports. They currently have a $146.00 price objective on the payment services company's stock. Wolfe Research's target price points to a potential downside of 8.40% from the company's previous close.

AXP has been the topic of several other reports. Citigroup increased their price target on shares of American Express from $187.00 to $190.00 and gave the company a "neutral" rating in a research note on Tuesday, April 26th. BMO Capital Markets increased their price objective on American Express from $152.00 to $155.00 and gave the company a "market perform" rating in a research report on Wednesday, January 26th. Wells Fargo & Company boosted their target price on American Express from $200.00 to $215.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft raised their price target on American Express from $200.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, January 26th. Finally, StockNews.com assumed coverage on American Express in a report on Thursday, March 31st. They set a "hold" rating for the company. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $192.26. Read more …

 

Manulife Financial (NYSE:MFC) (TSE:MFC) was downgraded by investment analysts at Canaccord Genuity Group from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Friday, Briefing.com reports.

A number of other research firms have also recently commented on MFC. TD Securities lowered their price target on Manulife Financial from C$37.00 to C$34.00 in a report on Thursday. Scotiabank lowered their price target on Manulife Financial from C$30.00 to C$28.00 in a report on Monday, May 2nd. BMO Capital Markets cut Manulife Financial from an "outperform" rating to a "market perform" rating in a report on Thursday. National Bank Financial reduced their price objective on Manulife Financial from C$28.00 to C$26.00 in a research note on Thursday. Finally, Canaccord Genuity Group downgraded Manulife Financial from a "buy" rating to a "hold" rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Manulife Financial currently has a consensus rating of "Hold" and a consensus price target of $29.90. Read more …

 

United Parcel Service (NYSE:UPS) was downgraded by stock analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a research report issued on Friday, The Fly reports. They currently have a $202.00 price objective on the transportation company's stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 13.07% from the stock's current price.

Several other equities research analysts have also weighed in on the company. Susquehanna dropped their price target on United Parcel Service from $218.00 to $195.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 27th. Wolfe Research restated a "peer perform" rating on shares of United Parcel Service in a research report on Tuesday, April 5th. BNP Paribas upgraded United Parcel Service from an "underperform" rating to a "neutral" rating and set a $191.00 price objective for the company in a research note on Thursday, January 20th. Deutsche Bank Aktiengesellschaft lowered their price objective on United Parcel Service from $221.00 to $216.00 and set a "hold" rating for the company in a research note on Wednesday, February 2nd. Finally, Loop Capital upgraded United Parcel Service from a "hold" rating to a "buy" rating and decreased their price target for the stock from $232.00 to $189.00 in a research note on Thursday, April 14th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, United Parcel Service has an average rating of "Hold" and an average target price of $225.04. Read more …

 

Dividend Increases Week 8 (Part 1)

 

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. This is the first part of the week’s notifications.

 

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.

 

 

 

 

 

The Home Depot, Inc. (HD)

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, building materials, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.

On February 22, HD declared a quarterly dividend of $1.90 per share.

This is a 15.2% increase from prior dividend of $1.65. 

Payable March 24 for shareholders of record March 10, ex-div March 9.

 

Farmers National Banc Corp. (FMNB)

Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts. The company was founded in 1887 and is headquartered in Canfield, Ohio.

On February 22, FMNB declared a quarterly dividend of $0.16 per share.

This is a 14.3% increase from prior dividend of $0.14. 

Payable March 31 for shareholders of record March 11, ex-div march 10.

 

AMERISAFE, Inc. (AMSF)

AMERISAFE, Inc., an insurance holding company, underwrites workers’ compensation insurance in the United States. Its workers’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. The company offers workers’ compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, agriculture, maritime, and oil and gas. The company was incorporated in 1985 and is headquartered in DeRidder, Louisiana.

On February 22, AMSF declared a quarterly dividend of $0.31 per share.

This is a 6.9% increase from prior dividend of $0.29. 

Payable March 25 for shareholders of record March 11, ex-div March 10.

 

Leggett & Platt, Incorporated (LEG)

Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company was founded in 1883 and is based in Carthage, Missouri.

On February 22, LEG declared a quarterly dividend of $0.42 per share.

This is a 5.0% increase from prior dividend of $0.40. 

Payable April 15 for shareholders of record March 15, ex-div March 14.

 

Assured Guaranty Ltd. (AGO)

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company operates in two segments, Insurance and Asset Management. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. Assured Guaranty Ltd. was founded in 2003 and is headquartered in Hamilton, Bermuda.

On February 23, AGO declared a quarterly dividend of $0.25 per share.

This is a 13.6% increase from prior dividend of $0.22. 

Payable March 23 for shareholders of record March 9, ex-div March 8.

 

 

Eaton Corporation plc (ETN)

Eaton Corporation plc operates as a power management company worldwide. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.

On February 23, ETN declared a quarterly dividend of $0.81 per share.

This is a 6.6% increase from prior dividend of $0.76. 

Payable March 31 for shareholders of record March 11, ex-div March 10.

 

Popular, Inc. (BPOP)

Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico and the United States. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.

On February 23, BPOP declared a quarterly dividend of $0.55 per share.

This is a 22.2% increase from prior dividend of $0.45. 

Payable April 1 for shareholders of record March 15, ex-div March 14.

 

Xcel Energy Inc. (XEL)

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources.

On February 23, XEL declared a quarterly dividend of $0.4875 per share.

This is a 6.6% increase from prior dividend of $0.4575. 

Payable April 20 for shareholders of record March 15, ex-div March 14.

 

Universal Display Corporation (OLED)

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. As of February 18, 2021, it owned, exclusively licenses, or had sole rights to sublicense approximately 5,000 issued and pending patents worldwide. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.

On February 23, OLED declared a quarterly dividend of $0.30 per share.

This is a 50.0% increase from prior dividend of $0.20. 

Payable March 31 for shareholders of record March 17, ex-div March 16.

 

Danaher Corporation (DHR)

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.

On February 23, DHR declared a quarterly dividend of $0.25 per share.

This is a 19.0% increase from prior dividend of $0.21. 

Payable April 29 for shareholders of record March 25, ex-div March 24.

 

 

CTO Realty Growth, Inc. (CTO)

CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE).

On February 23, CTO declared a quarterly dividend of $1.08 per share.

This is an 8.0% increase from prior dividend of $1.00. 

Payable March 31 for shareholders of record March 10, ex-div March 9.

 

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

On February 23, BEN declared a quarterly dividend of $0.29 per share.

This is a 3.6% increase from prior dividend of $0.28. 

Payable April 14 for shareholders of record March 31, ex-div March 30.

 

Silgan Holdings Inc. (SLGN)

Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products in North America, Europe, and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford, Connecticut.

On February 23, SLNG declared a quarterly dividend of $0.16 per share.

This is a 14.3% increase from prior dividend of $0.14. 

Payable March 31 for shareholders of record February 17, ex-div February 16.

 

First Savings Financial Group, Inc. (FSFG)

First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. First Savings Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville, Indiana.

On February 23, FSFG declared a quarterly dividend of $0.13 per share.

This is an 8.3% increase from prior dividend of $0.12. 

Payable March 31 for shareholders of record March 17, ex-div March 16.

 

Notable Analyst Upgrades and Downgrades for Week of February 21 2022

 

Upgrades:

 

Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) was upgraded by equities research analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Tuesday, Briefing.com reports. The brokerage presently has a $60.00 target price on the business services provider’s stock, down from their prior target price of $69.00. Royal Bank of Canada’s price target would indicate a potential upside of 17.00% from the stock’s current price.

RBA has been the topic of a number of other reports. OTR Global reissued a “negative” rating on shares of Ritchie Bros. Auctioneers in a research note on Tuesday, November 2nd. Raymond James decreased their price objective on shares of Ritchie Bros. Auctioneers from $60.00 to $57.00 and set a “market perform” rating on the stock in a research note on Friday. Zacks Investment Research cut shares of Ritchie Bros. Auctioneers from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 27th. TD Securities raised shares of Ritchie Bros. Auctioneers from a “hold” rating to a “buy” rating and decreased their price objective for the company from $69.00 to $64.00 in a research note on Thursday, January 6th. Finally, Barrington Research reaffirmed a “hold” rating on shares of Ritchie Bros. Auctioneers in a research note on Wednesday, November 24th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Ritchie Bros. Auctioneers has a consensus rating of “Hold” and a consensus price target of $61.00. Read more …

 

Sysco (NYSE:SYY) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating in a research note issued to investors on Tuesday, The Fly reports.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. decreased their price target on Sysco from $90.00 to $88.00 and set a "neutral" rating on the stock in a research report on Friday, December 17th. Barclays upgraded Sysco from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $80.00 to $86.00 in a research report on Wednesday, December 15th. Truist Financial started coverage on Sysco in a research report on Tuesday, February 1st. They issued a "buy" rating and a $89.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on Sysco in a research report on Tuesday, January 4th. They issued a "hold" rating and a $82.00 target price on the stock. Finally, Morgan Stanley lifted their target price on Sysco from $85.00 to $86.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 9th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $87.63. Read more …

 

American Water Works (NYSE:AWK) was upgraded by investment analysts at HSBC to a "buy" rating in a report released on Wednesday, Stock Target Advisor reports. The brokerage currently has a $182.00 target price on the utilities provider's stock, down from their prior target price of $190.00. HSBC's price objective indicates a potential upside of 23.11% from the company's previous close.

A number of other equities research analysts also recently issued reports on AWK. The Goldman Sachs Group downgraded American Water Works from a "buy" rating to a "neutral" rating and lowered their price target for the company from $191.00 to $177.00 in a research report on Wednesday, November 3rd. Wells Fargo & Company decreased their target price on American Water Works from $170.00 to $162.00 and set an "underweight" rating for the company in a research report on Wednesday, January 19th. UBS Group raised American Water Works from a "sell" rating to a "neutral" rating and decreased their target price for the stock from $164.00 to $161.00 in a research report on Monday, February 7th. Zacks Investment Research raised American Water Works from a "sell" rating to a "hold" rating and set a $163.00 target price for the company in a research report on Wednesday, February 9th. Finally, JPMorgan Chase & Co. downgraded American Water Works from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $172.00 to $171.00 in a research report on Friday, January 7th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $174.60. Read more …

 

 

Intel (NASDAQ:INTC) was upgraded by research analysts at Raymond James to a “market perform” rating in a research note issued to investors on Wednesday, Stock Target Advisor reports.

Other analysts also recently issued reports about the company. Bank of America lowered their price target on Intel from $55.00 to $52.00 and set an “underperform” rating for the company in a research report on Thursday, January 27th. Sanford C. Bernstein set a $40.00 price target on Intel in a research report on Tuesday, February 15th. Citigroup lowered their price target on Intel from $58.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, January 27th. BMO Capital Markets decreased their target price on Intel from $52.00 to $50.00 and set a “hold” rating for the company in a research report on Friday, February 18th. Finally, Morgan Stanley set a $55.00 target price on Intel in a research report on Tuesday, December 7th. Nine equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $56.07. Read more …

 

Dollar General (NYSE:DG) was upgraded by equities researchers at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research report issued to clients and investors on Friday, Briefing.com reports. The firm currently has a $220.00 price objective on the stock. Wells Fargo & Company's price objective indicates a potential upside of 15.30% from the stock's current price.

DG has been the subject of several other reports. Truist Financial started coverage on Dollar General in a research report on Thursday, January 13th. They issued a "hold" rating and a $228.00 target price for the company. BMO Capital Markets reiterated a "buy" rating and issued a $250.00 price objective on shares of Dollar General in a report on Friday, December 3rd. Morgan Stanley downgraded shares of Dollar General from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $250.00 to $225.00 in a research report on Tuesday, January 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Dollar General from $254.00 to $251.00 and set a "buy" rating on the stock in a report on Friday, December 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $239.89. Read more …

 

Home Depot (NYSE:HD) was upgraded by Edward Jones from a "hold" rating to a "buy" rating in a report issued on Friday, FinViz reports.

HD has been the topic of a number of other research reports. Robert W. Baird reduced their price objective on Home Depot from $425.00 to $380.00 in a research note on Tuesday. Barclays upped their price objective on Home Depot from $350.00 to $430.00 and gave the company an "overweight" rating in a report on Wednesday, November 17th. TheStreet downgraded Home Depot from a "b" rating to a "c+" rating in a report on Tuesday. Credit Suisse Group upped their price objective on Home Depot from $357.00 to $450.00 and gave the company an "outperform" rating in a report on Thursday, November 18th. Finally, Evercore ISI increased their price target on Home Depot from $385.00 to $420.00 and gave the stock an "outperform" rating in a report on Wednesday, November 17th. Five analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Home Depot currently has an average rating of "Buy" and an average price target of $394.48. Read more …

 

 

 

Downgrades:

 

Eversource Energy (NYSE:ES) was downgraded by research analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, Analyst Ratings Network reports. They currently have a $80.00 price target on the utilities provider’s stock. Bank of America‘s target price points to a potential downside of 1.17% from the stock’s previous close.

A number of other research analysts have also issued reports on the stock. Morgan Stanley dropped their price objective on shares of Eversource Energy from $89.00 to $85.00 and set an “equal weight” rating for the company in a report on Friday, February 18th. Wells Fargo & Company reduced their price objective on shares of Eversource Energy from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday. Mizuho raised Eversource Energy from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $82.00 to $87.00 in a research report on Thursday, October 28th. BMO Capital Markets lowered Eversource Energy from an “outperform” rating to a “market perform” rating and set a $95.00 price target on the stock. in a research report on Monday, January 10th. Finally, StockNews.com downgraded Eversource Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, February 16th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $88.00. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of February 14 2022

 

Upgrades:

 

Allstate (NYSE:ALL) was upgraded by equities researchers at UBS Group from a "neutral" rating to a "buy" rating in a report issued on Monday, The Fly reports.

A number of other research analysts also recently commented on ALL. JPMorgan Chase & Co. dropped their price objective on shares of Allstate from $154.00 to $148.00 and set an "overweight" rating for the company in a research note on Thursday, November 4th. The Goldman Sachs Group started coverage on shares of Allstate in a research note on Monday, November 22nd. They set a "sell" rating and a $106.00 price objective for the company. Barclays dropped their price objective on shares of Allstate from $123.00 to $119.00 and set an "equal weight" rating for the company in a research note on Thursday, January 6th. Zacks Investment Research raised shares of Allstate from a "sell" rating to a "hold" rating and set a $132.00 price objective for the company in a research note on Monday, January 10th. Finally, Raymond James dropped their price objective on shares of Allstate from $140.00 to $135.00 and set an "outperform" rating for the company in a research note on Monday, February 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $132.50. Read more …

 

Duke Energy (NYSE:DUK) was upgraded by stock analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued on Monday, The Fly reports. The firm presently has a $110.00 price target on the utilities provider’s stock, up from their prior price target of $108.00. Bank of America‘s price objective points to a potential upside of 9.57% from the stock’s current price.

Several other research analysts have also recently issued reports on the company. Morgan Stanley dropped their price target on Duke Energy from $113.00 to $112.00 and set an “equal weight” rating on the stock in a report on Friday, January 21st. Barclays reiterated an “equal weight” rating and set a $110.00 price objective on shares of Duke Energy in a research report on Monday, December 6th. KeyCorp lifted their price objective on shares of Duke Energy from $109.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, January 13th. Finally, BMO Capital Markets cut shares of Duke Energy from an “outperform” rating to a “market perform” rating in a research report on Friday, January 7th. Nine investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $107.45. Read more …

 

Pembina Pipeline (TSE:PPL) (NYSE:PBA) was upgraded by equities research analysts at Scotiabank to a “buy” rating in a note issued to investors on Monday, TipRanks reports.

A number of other equities analysts also recently weighed in on the company. Tudor Pickering & Holt set a C$45.00 price target on Pembina Pipeline and gave the stock a “buy” rating in a research report on Wednesday, December 8th. Royal Bank of Canada set a C$48.00 price target on Pembina Pipeline and gave the stock an “outperform” rating in a research report on Thursday, December 9th. CIBC downgraded Pembina Pipeline from an “outperform” rating to a “neutral” rating and set a C$44.00 price target on the stock. in a research report on Tuesday, November 23rd. UBS Group restated a “buy” rating and set a C$44.00 price objective on shares of Pembina Pipeline in a report on Tuesday, November 23rd. Finally, Raymond James set a C$43.50 price objective on Pembina Pipeline and gave the stock a “market perform” rating in a report on Thursday, December 9th. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Pembina Pipeline has an average rating of “Hold” and a consensus price target of C$43.92. Read more …

 

 

TELUS (TSE:T) (NYSE:TU) was upgraded by equities research analysts at JPMorgan Chase & Co. to a "buy" rating in a report released on Monday, TipRanks reports. The brokerage currently has a C$36.00 price target on the stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 13.67% from the company's previous close.

A number of other equities research analysts also recently issued reports on T. National Bankshares boosted their target price on shares of TELUS from C$35.00 to C$36.00 in a report on Friday. TD Securities boosted their price objective on shares of TELUS from C$32.00 to C$34.00 and gave the stock a "buy" rating in a research note on Friday. Scotiabank boosted their price objective on shares of TELUS from C$36.00 to C$38.00 in a research note on Friday. Canaccord Genuity Group boosted their price objective on shares of TELUS from C$33.00 to C$34.00 in a research note on Friday. Finally, BMO Capital Markets boosted their price objective on shares of TELUS from C$32.00 to C$34.00 in a research note on Friday. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of C$33.46. Read more …

 

DTE Energy (NYSE:DTE) was upgraded by Bank of America from an “underperform” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Analyst Ratings Network reports. The firm presently has a $127.00 price objective on the utilities provider’s stock. Bank of America‘s price target indicates a potential upside of 9.44% from the company’s current price.

A number of other brokerages have also recently issued reports on DTE. JPMorgan Chase & Co. cut shares of DTE Energy from an “overweight” rating to a “neutral” rating and set a $126.00 price target for the company. in a research report on Friday, January 7th. Morgan Stanley dropped their price target on DTE Energy from $133.00 to $131.00 and set an “overweight” rating on the stock in a research note on Friday, January 21st. Wells Fargo & Company upgraded DTE Energy from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $124.00 to $123.00 in a research note on Wednesday, December 1st. Edward Jones raised DTE Energy from a “hold” rating to a “buy” rating in a report on Thursday, January 13th. Finally, Mizuho decreased their target price on DTE Energy from $126.00 to $124.00 and set a “buy” rating on the stock in a report on Monday, November 22nd. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $127.67. Read more …

 

Home Depot (NYSE:HD) was upgraded by equities research analysts at OTR Global from a “mixed” rating to a “positive” rating in a research report issued on Tuesday, The Fly reports.

HD has been the subject of several other reports. Raymond James increased their price objective on Home Depot from $400.00 to $420.00 and gave the company an “outperform” rating in a research note on Friday, November 12th. Oppenheimer raised Home Depot from a “market perform” rating to an “outperform” rating and set a $470.00 price objective for the company in a research note on Monday, December 6th. Credit Suisse Group raised their target price on Home Depot from $357.00 to $450.00 and gave the stock an “outperform” rating in a research note on Thursday, November 18th. The Goldman Sachs Group raised their target price on Home Depot from $390.00 to $428.00 and gave the stock a “buy” rating in a research note on Wednesday, November 17th. Finally, Jefferies Financial Group raised their target price on Home Depot from $369.00 to $455.00 and gave the stock a “buy” rating in a research note on Wednesday, November 17th. Five analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $420.61. Read more …

 

 

Lowe's Companies (NYSE:LOW) was upgraded by equities researchers at OTR Global from a "mixed" rating to a "positive" rating in a research report issued on Tuesday, The Fly reports.

LOW has been the subject of a number of other reports. DA Davidson raised their target price on Lowe's Companies from $286.00 to $292.00 in a research note on Thursday, December 30th. Gordon Haskett upgraded Lowe's Companies from an "accumulate" rating to a "buy" rating and decreased their price target for the company from $284.00 to $275.00 in a report on Thursday, February 10th. Jefferies Financial Group raised their price target on Lowe's Companies from $290.00 to $300.00 and gave the company a "buy" rating in a report on Thursday, December 16th. Loop Capital raised their price target on Lowe's Companies from $220.00 to $240.00 and gave the company a "hold" rating in a report on Thursday, November 18th. Finally, Piper Sandler raised their price target on Lowe's Companies from $231.00 to $295.00 and gave the company an "overweight" rating in a report on Thursday, November 18th. One analyst has rated the stock with a sell rating, four have given a hold rating and twenty have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $263.74. Read more …

 

Unilever (NYSE:UL) was upgraded by stock analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a note issued to investors on Tuesday, The Fly reports.

Several other equities analysts have also weighed in on UL. Zacks Investment Research upgraded shares of Unilever from a “sell” rating to a “hold” rating in a report on Friday, January 14th. Sanford C. Bernstein lowered shares of Unilever from a “market perform” rating to an “underperform” rating in a report on Tuesday, January 18th. Finally, Societe Generale upgraded shares of Unilever from a “sell” rating to a “buy” rating in a report on Wednesday, January 19th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $61.51. Read more …

 

Ecolab (NYSE:ECL) was upgraded by investment analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report issued on Wednesday, Briefing.com reports. The brokerage presently has a $191.00 price objective on the basic materials company’s stock, down from their prior price objective of $230.00. JPMorgan Chase & Co.‘s target price points to a potential upside of 4.23% from the company’s previous close.

Several other research analysts have also commented on the stock. Morgan Stanley lifted their price target on shares of Ecolab from $230.00 to $240.00 and gave the company an “equal weight” rating in a report on Tuesday, January 11th. Royal Bank of Canada downgraded shares of Ecolab from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $245.00 to $225.00 in a research report on Friday, January 21st. Boenning Scattergood downgraded shares of Ecolab from an “outperform” rating to a “neutral” rating in a report on Tuesday. Robert W. Baird dropped their target price on shares of Ecolab from $225.00 to $198.00 in a research report on Friday, January 21st. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ecolab from $260.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, January 24th. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $222.00. Read more …

 

 

Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by Argus from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, Price Targets.com reports. The firm presently has a $145.00 target price on the transportation company’s stock. Argus’ price target indicates a potential upside of 14.02% from the company’s previous close. The analysts noted that the move was a valuation call.

A number of other brokerages have also recently issued reports on CNI. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Canadian National Railway from $137.00 to $142.00 and gave the company a “buy” rating in a research note on Thursday, January 27th. Stephens upped their price objective on shares of Canadian National Railway from $126.00 to $132.00 in a research note on Tuesday, January 4th. CIBC cut shares of Canadian National Railway from an “outperform” rating to a “neutral” rating in a research note on Wednesday, October 27th. They noted that the move was a valuation call. TD Securities began coverage on shares of Canadian National Railway in a research note on Wednesday, October 20th. They issued a “buy” rating and a $176.00 price objective for the company. Finally, National Bank Financial upped their price objective on shares of Canadian National Railway from C$170.00 to C$172.00 in a research note on Wednesday, January 26th. Fifteen equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, Canadian National Railway currently has an average rating of “Hold” and an average price target of $147.35. Read more …

 

Consolidated Edison (NYSE:ED) was upgraded by equities research analysts at Wolfe Research from an “underperform” rating to a “peer perform” rating in a research report issued on Thursday, The Fly reports. The brokerage currently has a $82.00 price objective on the utilities provider’s stock. Wolfe Research’s price objective would suggest a potential upside of 1.13% from the company’s previous close.

A number of other equities analysts have also recently commented on the company. Royal Bank of Canada lifted their price target on Consolidated Edison from $78.00 to $85.00 and gave the stock a “sector perform” rating in a research note on Wednesday, December 22nd. Morgan Stanley increased their price target on shares of Consolidated Edison from $72.00 to $76.00 and gave the company an “underweight” rating in a research report on Tuesday, December 21st. Mizuho upgraded shares of Consolidated Edison from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $87.00 to $90.00 in a research report on Monday, January 31st. KeyCorp increased their target price on shares of Consolidated Edison from $65.00 to $71.00 and gave the stock an “underweight” rating in a report on Thursday, January 13th. Finally, TheStreet raised Consolidated Edison from a “c+” rating to a “b-” rating in a research note on Wednesday, October 20th. Six research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $78.45. Read more …

 

McCormick & Company, Incorporated (NYSE:MKC) was upgraded by analysts at Argus from a “hold” rating to a “buy” rating in a report issued on Thursday, Price Targets.com reports. The brokerage currently has a $112.00 price objective on the stock. Argus’ price objective indicates a potential upside of 13.77% from the stock’s current price. The analysts noted that the move was a valuation call.

Several other research firms have also recently issued reports on MKC. TheStreet upgraded shares of McCormick & Company, Incorporated from a “c+” rating to a “b” rating in a research note on Tuesday, November 23rd. Zacks Investment Research raised shares of McCormick & Company, Incorporated from a “sell” rating to a “hold” rating and set a $99.00 target price on the stock in a report on Tuesday, December 14th. Finally, Credit Suisse Group cut shares of McCormick & Company, Incorporated from an “outperform” rating to a “neutral” rating and set a $100.00 price objective on the stock. in a report on Wednesday, January 19th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $97.80. Read more …

 

 

Yum! Brands (NYSE:YUM) was upgraded by equities research analysts at Cowen to an "outperform" rating in a report released on Thursday, Stock Target Advisor reports. The brokerage presently has a $143.00 price target on the restaurant operator's stock, up from their prior price target of $134.00. Cowen's price target would indicate a potential upside of 15.93% from the company's previous close.

A number of other brokerages have also issued reports on YUM. Atlantic Securities raised Yum! Brands from a "neutral" rating to an "overweight" rating and set a $151.00 target price on the stock in a research report on Thursday, December 9th. Bank of America started coverage on Yum! Brands in a research report on Tuesday, January 11th. They issued a "neutral" rating on the stock. MKM Partners raised Yum! Brands from a "neutral" rating to a "buy" rating and boosted their target price for the company from $142.00 to $145.00 in a research report on Thursday, October 28th. StockNews.com lowered Yum! Brands from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, Barclays boosted their target price on Yum! Brands from $133.00 to $140.00 and gave the company an "equal weight" rating in a research report on Wednesday, December 15th. Eleven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $136.41. Read more …

 

J.B. Hunt Transport Services (NASDAQ:JBHT) was upgraded by analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a research note issued to investors on Friday, The Fly reports.

Other research analysts have also issued research reports about the company. Citigroup boosted their price target on J.B. Hunt Transport Services from $205.00 to $230.00 in a research report on Wednesday, January 12th. KeyCorp boosted their price target on J.B. Hunt Transport Services from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Tuesday, January 18th. Stephens lifted their price objective on J.B. Hunt Transport Services from $225.00 to $232.00 and gave the company an "overweight" rating in a report on Wednesday, January 19th. Barclays raised J.B. Hunt Transport Services from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $220.00 to $235.00 in a report on Wednesday, January 26th. Finally, Cowen boosted their price target on J.B. Hunt Transport Services from $192.00 to $213.00 in a report on Wednesday, January 19th. Nine research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $200.50. Read more …

 

 

Downgrades:

 

Enbridge (NYSE:ENB) (TSE:ENB) was downgraded by Scotiabank from a “sector outperform” rating to a “sector perform” rating in a research note issued to investors on Monday, The Fly reports.

A number of other analysts also recently commented on ENB. Raymond James assumed coverage on Enbridge in a research report on Wednesday, December 22nd. They set a “market perform” rating for the company. Tudor Pickering reiterated a “buy” rating and set a C$54.00 target price on shares of Enbridge in a research note on Friday, November 5th. Morgan Stanley lowered shares of Enbridge from an “overweight” rating to an “equal weight” rating and set a $60.00 price target for the company. in a research report on Friday, January 7th. Credit Suisse Group cut shares of Enbridge from an “outperform” rating to a “neutral” rating and set a $56.00 target price on the stock. in a research note on Monday, October 25th. Finally, Royal Bank of Canada decreased their price target on shares of Enbridge from C$61.00 to C$60.00 and set an “outperform” rating for the company in a research note on Monday, November 29th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Enbridge has a consensus rating of “Buy” and a consensus target price of $53.53. Read more …

 

 

Fortis (TSE:FTS) was downgraded by equities research analysts at Veritas Investment Research to a “sell” rating in a research note issued to investors on Monday, TipRanks reports. They presently have a C$57.50 price objective on the stock. Veritas Investment Research’s price objective would indicate a potential upside of 0.16% from the stock’s previous close.

A number of other analysts have also recently weighed in on FTS. CIBC decreased their price objective on shares of Fortis from C$61.00 to C$60.00 and set a “neutral” rating on the stock in a research note on Monday. JPMorgan Chase & Co. decreased their price target on shares of Fortis from C$59.00 to C$58.00 in a research note on Friday, December 3rd. UBS Group decreased their price target on shares of Fortis from C$61.00 to C$58.00 and set a “neutral” rating on the stock in a research note on Monday, January 31st. TD Securities cut shares of Fortis from an “action list buy” rating to a “buy” rating and increased their price target for the company from C$64.00 to C$65.00 in a research note on Thursday, January 6th. Finally, Wolfe Research cut shares of Fortis to a “sell” rating in a research note on Tuesday, October 19th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$59.96. Read more …

 

JPMorgan Chase & Co. (NYSE:JPM) was downgraded by research analysts at Jefferies Financial Group to a "hold" rating in a research note issued to investors on Monday, Stock Target Advisor reports. They currently have a $155.00 target price on the financial services provider's stock, down from their prior target price of $180.00. Jefferies Financial Group's price objective suggests a potential upside of 0.70% from the company's current price.

JPM has been the subject of several other reports. UBS Group set a $197.00 price target on JPMorgan Chase & Co. in a research report on Tuesday, February 8th. Wolfe Research cut JPMorgan Chase & Co. from an "outperform" rating to a "peer perform" rating and set a $185.00 price objective on the stock. in a research note on Tuesday, January 4th. Royal Bank of Canada set a $175.00 price objective on JPMorgan Chase & Co. in a research note on Friday, January 14th. Robert W. Baird reiterated a "hold" rating and issued a $165.00 price objective on shares of JPMorgan Chase & Co. in a research note on Monday, December 6th. Finally, Berenberg Bank set a $125.00 price objective on JPMorgan Chase & Co. in a research note on Monday, October 18th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $173.47. Read more …

 

Tyson Foods (NYSE:TSN) was downgraded by investment analysts at Barclays to an "equal weight" rating in a research report issued on Monday, Stock Target Advisor reports. They currently have a $100.00 price target on the stock. Barclays's price target suggests a potential upside of 2.05% from the stock's previous close.

Other equities research analysts have also issued reports about the stock. Bank of America boosted their price objective on shares of Tyson Foods from $90.00 to $100.00 and gave the company a "neutral" rating in a report on Tuesday, February 8th. Piper Sandler boosted their price objective on shares of Tyson Foods from $83.00 to $86.00 and gave the company a "neutral" rating in a report on Tuesday, November 16th. Stephens boosted their price objective on shares of Tyson Foods from $110.00 to $115.00 and gave the company an "overweight" rating in a report on Tuesday, February 8th. JPMorgan Chase & Co. boosted their price objective on shares of Tyson Foods from $88.00 to $91.00 and gave the company a "neutral" rating in a report on Tuesday, February 8th. Finally, Zacks Investment Research raised shares of Tyson Foods from a "hold" rating to a "strong-buy" rating and set a $119.00 price objective on the stock in a report on Thursday. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $102.00. Read more …

 

 

Texas Instruments (NASDAQ:TXN) was downgraded by Raymond James from an "outperform" rating to a "market perform" rating in a research note issued to investors on Monday, The Fly reports.

A number of other brokerages also recently commented on TXN. JPMorgan Chase & Co. boosted their price objective on shares of Texas Instruments from $220.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 26th. Barclays reduced their price objective on shares of Texas Instruments from $180.00 to $170.00 and set an "underweight" rating for the company in a research note on Friday, February 4th. UBS Group reduced their price objective on shares of Texas Instruments from $195.00 to $180.00 and set a "neutral" rating for the company in a research note on Wednesday, January 26th. Susquehanna reissued a "buy" rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Wednesday, January 26th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Texas Instruments from $170.00 to $180.00 in a research note on Wednesday, January 26th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $208.68. Read more …

 

U.S. Bancorp (NYSE:USB) was downgraded by equities researchers at Jefferies Financial Group to a "hold" rating in a note issued to investors on Monday, Stock Target Advisor reports. They presently have a $64.00 price target on the financial services provider's stock, down from their previous price target of $66.00. Jefferies Financial Group's target price indicates a potential upside of 9.31% from the stock's current price.

A number of other research firms have also commented on USB. Citigroup reduced their price objective on shares of U.S. Bancorp from $70.00 to $65.00 in a research note on Friday, January 21st. Barclays cut their target price on shares of U.S. Bancorp from $68.00 to $66.00 in a research note on Thursday, January 20th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of U.S. Bancorp in a research note on Friday, December 17th. Odeon Capital Group raised shares of U.S. Bancorp from a "hold" rating to a "buy" rating in a research note on Tuesday, January 25th. Finally, Oppenheimer cut their target price on shares of U.S. Bancorp from $74.00 to $69.00 in a research note on Friday, January 21st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $64.19. Read more …

 

PepsiCo (NASDAQ:PEP) was downgraded by equities research analysts at DZ Bank to a "hold" rating in a report released on Tuesday, Stock Target Advisor reports. They presently have a $180.00 target price on the stock. DZ Bank's target price would suggest a potential upside of 7.98% from the company's previous close.

Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of PepsiCo from $171.00 to $185.00 in a research note on Friday, February 4th. Credit Suisse Group cut their target price on shares of PepsiCo from $166.00 to $164.00 and set a "neutral" rating for the company in a research note on Friday. Morgan Stanley upped their target price on shares of PepsiCo from $172.00 to $188.00 and gave the company an "overweight" rating in a research note on Tuesday, February 8th. Barclays cut their target price on shares of PepsiCo from $186.00 to $180.00 and set an "overweight" rating for the company in a research note on Monday. Finally, Argus upped their target price on shares of PepsiCo from $180.00 to $195.00 and gave the company a "buy" rating in a research note on Tuesday, January 4th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, PepsiCo currently has an average rating of "Hold" and a consensus target price of $171.19. Read more …

 

 

TC Energy (NYSE:TRP) (TSE:TRP) was downgraded by investment analysts at Raymond James from a “strong-buy” rating to an “outperform” rating in a note issued to investors on Wednesday, The Fly reports.

Other research analysts have also issued research reports about the company. National Bank Financial lowered TC Energy from an “outperform” rating to a “sector perform” rating in a report on Monday, November 8th. Scotiabank raised their price target on TC Energy from C$69.00 to C$72.00 in a report on Monday. TD Securities dropped their price objective on TC Energy from C$73.00 to C$72.00 and set a “buy” rating for the company in a research note on Monday, November 8th. TheStreet raised TC Energy from a “c+” rating to a “b” rating in a research note on Wednesday, January 19th. Finally, The Goldman Sachs Group downgraded TC Energy from a “neutral” rating to a “sell” rating and set a $45.00 price objective on the stock. in a report on Thursday, January 13th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $67.56. Read more …

 

3M (NYSE:MMM) was downgraded by stock analysts at Morgan Stanley from an "equal weight" rating to an "underweight" rating in a research report issued to clients and investors on Thursday, Briefing.com reports. They presently have a $150.00 price target on the conglomerate's stock. Morgan Stanley's price objective suggests a potential downside of 3.62% from the stock's current price.

Several other equities research analysts have also recently weighed in on MMM. Credit Suisse Group decreased their target price on 3M from $195.00 to $182.00 and set a "neutral" rating for the company in a research note on Tuesday. Wells Fargo & Company decreased their target price on 3M from $184.00 to $173.00 and set an "equal weight" rating for the company in a research note on Tuesday. Citigroup decreased their target price on 3M from $190.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday. Barclays reduced their price objective on 3M from $178.00 to $170.00 and set an "underweight" rating for the company in a research note on Tuesday. Finally, Argus reduced their price objective on 3M from $225.00 to $190.00 in a research note on Wednesday, January 26th. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $179.57. Read more …

 

NVIDIA (NASDAQ:NVDA) was downgraded by investment analysts at Summit Insights from a “buy” rating to a “hold” rating in a research report issued on Thursday, Briefing.com reports.

NVDA has been the topic of several other reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of NVIDIA from $185.00 to $285.00 and gave the company a “hold” rating in a research report on Thursday, November 18th. BMO Capital Markets increased their price target on shares of NVIDIA from $250.00 to $375.00 in a research report on Monday, November 22nd. Tigress Financial reiterated a “buy” rating and issued a $400.00 price target (up from $230.00) on shares of NVIDIA in a research report on Thursday, December 2nd. Sanford C. Bernstein set a $360.00 price target on shares of NVIDIA in a research report on Thursday, November 18th. Finally, Citigroup upped their price objective on shares of NVIDIA from $223.00 to $350.00 and gave the company a “buy” rating in a research note on Monday, November 15th. Three equities research analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $325.88. Read more …