Upgrades:
United Parcel Service (NYSE:UPS) was upgraded by research
analysts at BMO Capital Markets from a “market perform” rating to an
“outperform” rating in a research report issued on Monday, The Fly reports. The
brokerage presently has a $128.00 price target on the transportation company’s
stock. BMO Capital Markets’ target price would suggest a potential upside of
9.41% from the stock’s previous close. Several other equities analysts have
also recently commented on the company. KeyCorp began coverage on United Parcel
Service in a research note on Thursday, September 27th. They set a “sector
weight” rating for the company. They noted that the move was a valuation call.
Berenberg Bank began coverage on United Parcel Service in a research note on
Friday, September 21st. They set a “hold” rating and a $125.00 target price for
the company. They noted that the move was a valuation call. Loop Capital
increased their target price on United Parcel Service to $145.00 and gave the
company a “positive” rating in a research note on Friday, September 14th.
Goldman Sachs Group set a $150.00 target price on United Parcel Service and
gave the company a “buy” rating in a research note on Monday, September 10th.
Finally, Raymond James upgraded United Parcel Service from a “market perform”
rating to a “strong-buy” rating and set a $150.00 target price for the company
in a research note on Tuesday, September 4th. One equities research analyst has
rated the stock with a sell rating, eleven have assigned a hold rating, nine
have given a buy rating and one has given a strong buy rating to the stock. The
stock presently has an average rating of “Hold” and a consensus price target of
$125.41. Read more …
Chevron (NYSE:CVX) was upgraded by Goldman Sachs Group from
a “buy” rating to a “conviction-buy” rating in a report released on Tuesday,
The Fly reports. CVX has been the topic of several other reports. Zacks
Investment Research raised Chevron from a “hold” rating to a “buy” rating and
set a $137.00 price objective on the stock in a research note on Monday. Royal
Bank of Canada set a $150.00 price objective on Chevron and gave the company a
“hold” rating in a research note on Thursday, September 20th. HSBC raised
Chevron from a “hold” rating to a “buy” rating in a research note on Tuesday,
September 11th. Berenberg Bank began coverage on Chevron in a research note on
Tuesday, September 11th. They issued a “hold” rating and a $135.00 price
objective on the stock. Finally, Bank of America lowered Chevron from a “buy” rating
to a “neutral” rating and reduced their price objective for the company from
$150.00 to $135.00 in a research note on Thursday, September 6th. Eight
research analysts have rated the stock with a hold rating, seventeen have
issued a buy rating and one has issued a strong buy rating to the company.
Chevron has a consensus rating of “Buy” and an average price target of $137.92.
Read more …
Wolfe Research upgraded shares of General Electric (NYSE:GE)
from a market perform rating to an outperform rating in a research report
report published on Tuesday, Marketbeat.com reports. They currently have $16.00
price objective on the conglomerate’s stock, up from their prior price
objective of $15.00. Other analysts also recently issued reports about the
company. JPMorgan Chase & Co. set a $11.00 price target on General Electric
and gave the company a sell rating in a research note on Monday, July 23rd.
Gabelli restated a buy rating and issued a $21.00 price target on shares of
General Electric in a research note on Monday, September 24th. Morningstar set
a $15.70 price target on General Electric and gave the company a buy rating in
a research note on Monday, August 13th. Zacks Investment Research downgraded
General Electric from a hold rating to a sell rating in a research note on
Monday, September 24th. Finally, Bank of America set a $16.00 price target on
General Electric and gave the company a hold rating in a research note on
Monday, September 24th. Five equities research analysts have rated the stock
with a sell rating, fourteen have assigned a hold rating, six have assigned a
buy rating and one has given a strong buy rating to the company’s stock. The
stock currently has an average rating of Hold and a consensus price target of
$16.50. Read more …
Credit Suisse Group upgraded shares of Paychex (NASDAQ:PAYX)
from a neutral rating to a buy rating in a research note released on Tuesday
morning, Marketbeat reports. They currently have $82.00 price target on the
business services provider’s stock. A number of other analysts have also
recently weighed in on PAYX. Stifel Nicolaus boosted their price target on
Paychex from $66.00 to $69.00 and gave the stock a hold rating in a research
report on Thursday, June 28th. ValuEngine raised Paychex from a hold rating to
a buy rating in a research report on Monday, July 2nd. BidaskClub cut Paychex
from a strong-buy rating to a buy rating in a research report on Tuesday.
Morgan Stanley boosted their price target on Paychex from $66.00 to $67.00 and
gave the stock an equal weight rating in a research report on Thursday, June
28th. Finally, Citigroup boosted their price target on Paychex from $64.00 to
$67.00 and gave the stock a neutral rating in a research report on Thursday,
June 28th. Two investment analysts have rated the stock with a sell rating, ten
have assigned a hold rating and four have issued a buy rating to the company’s
stock. The company has a consensus rating of Hold and an average target price
of $69.69. Read more …