Showing posts with label KEY. Show all posts
Showing posts with label KEY. Show all posts

May 6, 2022

Notable Analyst Upgrades and Downgrades for Week of May 2 2022



 

Upgrades 

 


Arthur J. Gallagher & Co. (NYSE:AJG) was upgraded by research analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday, The Fly reports. 

Other equities analysts have also recently issued research reports about the company. UBS Group started coverage on Arthur J. Gallagher & Co. in a report on Monday, April 18th. They issued a “neutral” rating and a $192.00 target price for the company. William Blair reiterated an “outperform” rating on shares of Arthur J. Gallagher & Co. in a research report on Thursday, January 27th. Wells Fargo & Company upped their price target on Arthur J. Gallagher & Co. from $193.00 to $209.00 and gave the company an “overweight” rating in a research report on Tuesday, April 12th. Royal Bank of Canada cut their target price on Arthur J. Gallagher & Co. from $170.00 to $160.00 in a research report on Friday, January 28th. Finally, Zacks Investment Research upgraded Arthur J. Gallagher & Co. from a “hold” rating to a “strong-buy” rating and set a $191.00 price target on the stock in a report on Friday, March 25th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Arthur J. Gallagher & Co. currently has an average rating of “Buy” and a consensus price target of $173.59. Read more ... 

 


JPMorgan Chase & Co. upgraded shares of SJW Group (NYSE:SJW) from a neutral rating to an overweight rating in a report published on Monday morning, The Fly reports. The firm currently has $67.00 price objective on the utilities provider’s stock. 

A number of other equities research analysts have also recently commented on the company. StockNews.com initiated coverage on SJW Group in a report on Thursday, March 31st. They set a hold rating on the stock. Barclays increased their target price on SJW Group from $70.00 to $73.00 and gave the company an equal weight rating in a report on Tuesday, March 15th. Zacks Investment Research cut SJW Group from a hold rating to a sell rating in a report on Wednesday, March 30th. Finally, Seaport Res Ptn upgraded SJW Group from a neutral rating to a buy rating in a report on Tuesday, January 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of Hold and a consensus target price of $72.50. Read more ... 

 


JPMorgan Chase & Co. (NYSE:JPM) was upgraded by investment analysts at Oppenheimer from a “market perform” rating to an “outperform” rating in a report released on Tuesday, The Fly reports. 

A number of other research analysts also recently weighed in on the stock. Zacks Investment Research upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating and set a $147.00 price target on the stock in a report on Monday, March 21st. Morgan Stanley reduced their price target on JPMorgan Chase & Co. from $170.00 to $161.00 and set an “underweight” rating for the company in a research report on Monday, March 28th. Barclays set a $200.00 price target on JPMorgan Chase & Co. in a research note on Wednesday, April 6th. Argus decreased their price target on JPMorgan Chase & Co. from $177.00 to $155.00 in a research note on Thursday, April 14th. Finally, Keefe, Bruyette & Woods decreased their price target on JPMorgan Chase & Co. from $166.00 to $157.00 and set a “market perform” rating for the company in a research note on Monday, January 17th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $163.72. Read more ... 

 

 


Linde (NYSE:LIN) was upgraded by equities researchers at AlphaValue to a "reduce" rating in a report issued on Tuesday, The Fly reports. 

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets cut their price target on shares of Linde from $405.00 to $365.00 and set an "outperform" rating on the stock in a report on Monday, February 14th. Citigroup increased their price target on shares of Linde from $381.00 to $400.00 in a report on Tuesday, January 11th. Jefferies Financial Group started coverage on shares of Linde in a research note on Wednesday, March 30th. They set a "buy" rating and a $390.00 price objective on the stock. Morgan Stanley raised their price objective on shares of Linde from $330.00 to $365.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $352.00 price objective on shares of Linde in a research note on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $360.47. Read more ... 

 


Morgan Stanley (NYSE:MS) was upgraded by Oppenheimer from a “market perform” rating to an “outperform” rating in a research report issued on Tuesday, The Fly reports. 

MS has been the subject of a number of other research reports. UBS Group raised their target price on shares of Morgan Stanley from $119.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, January 4th. BMO Capital Markets raised their target price on shares of Morgan Stanley from $110.00 to $113.00 and gave the company an “outperform” rating in a research report on Monday, April 18th. The Goldman Sachs Group set a $105.00 price target on shares of Morgan Stanley in a research note on Wednesday, April 20th. Wells Fargo & Company cut their price target on shares of Morgan Stanley from $104.00 to $94.00 and set an “equal weight” rating for the company in a research note on Monday, April 4th. Finally, Zacks Investment Research cut shares of Morgan Stanley from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a research note on Wednesday, March 16th. Twelve analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $106.71. Read more ... 

 


Starbucks (NASDAQ:SBUX) was upgraded by investment analysts at Evercore ISI from an “in-line” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage presently has a $95.00 target price on the coffee company’s stock. Evercore ISI’s target price would indicate a potential upside of 22.61% from the company’s previous close. 

SBUX has been the subject of several other reports. UBS Group lowered their price objective on Starbucks from $105.00 to $86.00 and set a “neutral” rating for the company in a research report on Monday, April 25th. The Goldman Sachs Group cut Starbucks from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $112.00 to $106.00 in a research note on Wednesday, February 2nd. Citigroup cut Starbucks from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $120.00 to $91.00 in a research note on Monday, April 11th. MKM Partners cut their price target on Starbucks from $115.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, April 20th. Finally, Robert W. Baird cut their price target on Starbucks from $95.00 to $85.00 in a research note on Monday, April 25th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $102.46. Read more ... 

 

 


Scotts Miracle-Gro (NYSE:SMG) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Wednesday, The Fly reports. The analysts noted that the move was a valuation call. 

Other research analysts also recently issued research reports about the company. Barclays downgraded Scotts Miracle-Gro from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $150.00 to $110.00 in a report on Thursday, April 21st. Wells Fargo & Company reduced their price target on Scotts Miracle-Gro from $170.00 to $160.00 and set an “overweight” rating for the company in a research report on Thursday, March 17th. Truist Financial reduced their price target on Scotts Miracle-Gro from $225.00 to $185.00 in a research report on Tuesday, March 22nd. Zacks Investment Research upgraded Scotts Miracle-Gro from a “sell” rating to a “hold” rating and set a $123.00 price target for the company in a research report on Tuesday, April 12th. Finally, Raymond James reduced their price target on Scotts Miracle-Gro from $185.00 to $150.00 and set a “strong-buy” rating for the company in a research report on Monday, March 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $180.89. Read more ... 

 

 

Downgrades 

 


KeyCorp (NYSE:KEY) was downgraded by equities research analysts at Piper Sandler from a “neutral” rating to an “underweight” rating in a research report issued on Monday, MarketBeat reports. They presently have a $20.50 price objective on the financial services provider’s stock, down from their previous price objective of $23.00. Piper Sandler’s price objective would suggest a potential upside of 4.01% from the company’s previous close. 

A number of other research firms have also recently issued reports on KEY. Odeon Capital Group cut KeyCorp from a “buy” rating to a “hold” rating in a report on Tuesday, April 26th. Citigroup reiterated a “neutral” rating on shares of KeyCorp in a report on Thursday, March 24th. Jefferies Financial Group cut KeyCorp from a “buy” rating to a “hold” rating in a report on Monday, April 11th. Morgan Stanley cut their price objective on KeyCorp from $30.00 to $27.00 and set an “equal weight” rating for the company in a report on Monday, March 28th. Finally, Barclays upped their price objective on KeyCorp from $24.00 to $26.00 in a report on Monday, January 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $26.83. Read more ... 

  


Amgen (NASDAQ:AMGN) was downgraded by research analysts at Oppenheimer to an “outperform” rating in a report released on Tuesday. They currently have a $285.00 target price on the medical research company’s stock. Oppenheimer’s target price would indicate a potential upside of 20.71% from the stock’s previous close. Oppenheimer also issued estimates for Amgen’s FY2022 earnings at $17.12 EPS, FY2023 earnings at $18.92 EPS, FY2024 earnings at $21.17 EPS, FY2025 earnings at $23.40 EPS and FY2026 earnings at $25.84 EPS. 

Several other research analysts have also issued reports on the stock. Jefferies Financial Group lifted their price target on shares of Amgen from $266.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, February 9th. Wells Fargo & Company raised their price objective on shares of Amgen from $210.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 9th. Barclays raised their price objective on shares of Amgen from $233.00 to $236.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 12th. TheStreet lowered shares of Amgen from a “b+” rating to a “c+” rating in a research note on Wednesday, April 27th. Finally, StockNews.com lowered shares of Amgen from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 5th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $240.00. Read more ... 

 

 


Algonquin Power & Utilities (TSE:AQN) was downgraded by investment analysts at National Bank Financial from an "outperfrom under weight" rating to a "sector perform under weight" rating in a report issued on Tuesday. National Bank Financial also issued estimates for Algonquin Power & Utilities' Q1 2022 earnings at $0.27 EPS, Q4 2022 earnings at $0.26 EPS and FY2023 earnings at $0.95 EPS. 

AQN has been the subject of a number of other reports. Royal Bank of Canada restated an "outperform" rating and issued a C$18.00 target price on shares of Algonquin Power & Utilities in a research note on Tuesday, January 4th. National Bankshares downgraded Algonquin Power & Utilities to a "hold" rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$20.00. Read more ... 

 


Atlantic Securities downgraded shares of Colgate-Palmolive (NYSE:CL) from an overweight rating to a neutral rating in a report published on Tuesday, Marketbeat Ratings reports. The firm currently has $80.00 price objective on the stock, down from their prior price objective of $92.00. 

A number of other equities research analysts also recently issued reports on CL. TheStreet upgraded shares of Colgate-Palmolive from a c+ rating to a b rating in a research note on Friday, April 29th. StockNews.com downgraded shares of Colgate-Palmolive from a buy rating to a hold rating in a research note on Wednesday, April 13th. Stifel Nicolaus reduced their price target on shares of Colgate-Palmolive from $90.00 to $88.00 in a research note on Wednesday, April 13th. JPMorgan Chase & Co. reduced their price target on shares of Colgate-Palmolive from $86.00 to $81.00 and set a neutral rating on the stock in a research note on Wednesday, March 30th. Finally, Wells Fargo & Company reduced their price target on shares of Colgate-Palmolive from $78.00 to $76.00 and set an underweight rating on the stock in a research note on Monday, January 31st. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and a consensus target price of $85.56. Read more ... 

  


Consolidated Edison (NYSE:ED) was downgraded by equities research analysts at Wells Fargo & Company from an "equal weight" rating to a "sell" rating in a research note issued to investors on Tuesday, MarketBeat.com reports. They presently have a $94.00 price objective on the utilities provider's stock, up from their previous price objective of $85.00. Wells Fargo & Company's price objective would indicate a potential upside of 2.16% from the stock's previous close. 

Several other equities research analysts also recently issued reports on the stock. Guggenheim downgraded shares of Consolidated Edison from a "neutral" rating to a "sell" rating and cut their price objective for the stock from $77.00 to $71.00 in a research report on Thursday, January 20th. Morgan Stanley raised their price objective on shares of Consolidated Edison from $75.00 to $82.00 and gave the stock an "underweight" rating in a research report on Wednesday, April 20th. Wolfe Research upgraded shares of Consolidated Edison from an "underperform" rating to a "peer perform" rating and set a $82.00 price target for the company in a research report on Thursday, February 17th. KeyCorp lifted their price target on shares of Consolidated Edison from $71.00 to $72.00 and gave the company an "underweight" rating in a research report on Wednesday, April 20th. Finally, The Goldman Sachs Group lifted their price target on shares of Consolidated Edison from $65.00 to $83.00 and gave the company a "sell" rating in a research report on Thursday, March 31st. Seven equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $82.83. Read more ... 

 

 


Kellogg (NYSE:K) was downgraded by research analysts at Piper Sandler from a "neutral" rating to an "underweight" rating in a report issued on Tuesday, Briefing.com reports. They currently have a $62.00 target price on the stock, down from their prior target price of $66.00. Piper Sandler's price target suggests a potential downside of 7.97% from the company's current price. 

Several other research firms have also issued reports on K. StockNews.com initiated coverage on Kellogg in a research note on Thursday, March 31st. They set a "hold" rating on the stock. BMO Capital Markets lowered shares of Kellogg from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $75.00 to $70.00 in a research note on Monday, January 31st. Deutsche Bank Aktiengesellschaft downgraded shares of Kellogg from a "buy" rating to a "hold" rating and cut their target price for the stock from $74.00 to $73.00 in a research note on Monday, April 25th. Bank of America downgraded shares of Kellogg from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $76.00 to $70.00 in a research note on Wednesday, January 5th. Finally, UBS Group assumed coverage on Kellogg in a research report on Wednesday, March 30th. They set a "buy" rating and a $73.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $66.80. Read more ... 

 


Piper Sandler cut shares of Tyson Foods (NYSE:TSN) from a neutral rating to an underweight rating in a research note published on Tuesday morning, Marketbeat Ratings reports. They currently have $81.00 price target on the stock, down from their previous price target of $87.00. 

TSN has been the topic of a number of other reports. Stephens boosted their target price on Tyson Foods from $110.00 to $115.00 and gave the stock an overweight rating in a research report on Tuesday, February 8th. JPMorgan Chase & Co. boosted their target price on Tyson Foods from $88.00 to $91.00 and gave the company a neutral rating in a research note on Tuesday, February 8th. Barclays downgraded Tyson Foods from an overweight rating to an equal weight rating and boosted their target price for the company from $95.00 to $100.00 in a research note on Monday, February 14th. StockNews.com upgraded Tyson Foods from a buy rating to a strong-buy rating in a research note on Friday, April 15th. Finally, Zacks Investment Research downgraded Tyson Foods from a buy rating to a hold rating and set a $98.00 target price on the stock. in a research note on Monday, April 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Tyson Foods presently has a consensus rating of Hold and an average price target of $97.33. Read more ... 

 


Leggett & Platt (NYSE:LEG) was downgraded by equities research analysts at Raymond James from an "outperform" rating to a "market perform" rating in a note issued to investors on Wednesday, Briefing.com reports. 

Several other equities research analysts also recently issued reports on LEG. StockNews.com raised Leggett & Platt from a "sell" rating to a "hold" rating in a research note on Tuesday. Piper Sandler decreased their price target on shares of Leggett & Platt from $43.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, April 7th. Finally, TheStreet cut shares of Leggett & Platt from a "b-" rating to a "c+" rating in a report on Friday, March 11th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, Leggett & Platt presently has an average rating of "Hold" and an average target price of $46.00. 

Shares of Leggett & Platt stock opened at $38.34 on Wednesday. The company's 50-day moving average price is $36.35 and its two-hundred day moving average price is $39.77. The stock has a market cap of $5.13 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 1.32 and a beta of 1.30. The company has a current ratio of 1.55, a quick ratio of 0.80 and a debt-to-equity ratio of 1.09. Leggett & Platt has a 52 week low of $33.80 and a 52 week high of $59.16. Read more ... 

 

 


AbbVie (NYSE:ABBV) was downgraded by investment analysts at Daiwa Capital Markets from an "outperform" rating to a "neutral" rating in a report released on Friday, The Fly reports. 

ABBV has been the subject of a number of other research reports. Wells Fargo & Company lifted their price objective on shares of AbbVie from $165.00 to $200.00 in a research report on Monday. Bank of America lifted their price objective on shares of AbbVie from $135.00 to $138.00 and gave the company a "neutral" rating in a research report on Thursday, February 3rd. BMO Capital Markets lifted their price objective on shares of AbbVie from $161.00 to $174.00 and gave the company an "outperform" rating in a research report on Monday, April 25th. Mizuho lifted their target price on shares of AbbVie from $154.00 to $166.00 and gave the stock a "buy" rating in a report on Friday, February 4th. Finally, JPMorgan Chase & Co. lifted their target price on shares of AbbVie from $165.00 to $180.00 in a report on Thursday, February 3rd. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $160.07. Read more ... 

 


Black Hills (NYSE:BKH - Get Rating) was downgraded by equities researchers at Mizuho from a "buy" rating to a "neutral" rating in a research note issued on Friday, The Fly reports. 

Separately, StockNews.com lowered Black Hills from a "hold" rating to a "sell" rating in a research report on Wednesday, April 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $75.00. 

BKH stock opened at $75.34 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.73 and a debt-to-equity ratio of 1.43. Black Hills has a 12-month low of $61.95 and a 12-month high of $80.95. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 2.89 and a beta of 0.48. The business's 50-day moving average is $74.71 and its 200 day moving average is $69.82. Read more ... 

 

April 15, 2022

Notable Analyst Upgrades and Downgrades for Week of April 11 2022 (Part 1)



 

Upgrades:

 


Domino’s Pizza (NYSE:DPZ) was upgraded by Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

Other equities analysts also recently issued reports about the stock. Stephens raised shares of Domino’s Pizza from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $500.00 to $425.00 in a report on Wednesday, March 2nd. Oppenheimer reduced their price objective on shares of Domino’s Pizza from $550.00 to $510.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 2nd. Morgan Stanley cut their price target on shares of Domino’s Pizza from $535.00 to $460.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 2nd. Royal Bank of Canada cut their price objective on shares of Domino’s Pizza from $550.00 to $525.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 2nd. Finally, Loop Capital downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating and set a $413.00 target price on the stock. in a report on Wednesday, March 9th. One equities research analyst has rated the stock with a sell rating, twenty have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $480.73. Read more …

 


KeyCorp (NYSE:KEY) was upgraded by research analysts at Wells Fargo & Company from an “underweight” rating to an “overweight” rating in a research note issued to investors on Monday, The Fly reports. The firm currently has a $27.00 price target on the financial services provider’s stock, up from their previous price target of $23.00. Wells Fargo & Company‘s price objective suggests a potential upside of 30.00% from the company’s current price.

KEY has been the subject of several other reports. Barclays upped their target price on KeyCorp from $24.00 to $26.00 in a research note on Monday, January 3rd. Bank of America upgraded KeyCorp from an “underperform” rating to a “buy” rating and upped their target price for the stock from $25.00 to $27.00 in a research note on Wednesday, December 15th. UBS Group initiated coverage on KeyCorp in a research note on Wednesday, January 12th. They set a “buy” rating and a $32.00 target price for the company. StockNews.com initiated coverage on KeyCorp in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Credit Suisse Group upgraded KeyCorp from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 8th. Six analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, KeyCorp has an average rating of “Buy” and a consensus price target of $27.21. Read more …

 


National Bank of Canada (TSE:NA) was upgraded by stock analysts at CIBC to a “buy” rating in a research report issued on Monday, TipRanks reports. The firm currently has a C$102.00 price objective on the financial services provider’s stock. CIBC’s price target would suggest a potential upside of 7.71% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity Group raised their price target on shares of National Bank of Canada from C$108.00 to C$109.00 in a research note on Thursday, February 17th. Cormark lifted their price objective on shares of National Bank of Canada from C$118.00 to C$123.00 and gave the company a “buy” rating in a research note on Monday, February 28th. BMO Capital Markets lifted their price objective on shares of National Bank of Canada from C$104.00 to C$108.00 in a report on Monday, February 28th. TD Securities boosted their price objective on shares of National Bank of Canada from C$105.00 to C$110.00 in a research report on Tuesday, February 15th. Finally, Scotiabank upped their target price on shares of National Bank of Canada from C$117.00 to C$119.00 in a research note on Monday, February 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$103.81. Read more …

 

 


Pembina Pipeline (NYSE:PBA) (TSE:PPL) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued on Monday, The Fly reports.

A number of other equities research analysts have also weighed in on PBA. TD Securities initiated coverage on shares of Pembina Pipeline in a report on Thursday, March 3rd. They set a “buy” rating for the company. Canaccord Genuity Group lifted their price target on shares of Pembina Pipeline from C$47.00 to C$49.00 in a report on Wednesday, March 2nd. Zacks Investment Research upgraded shares of Pembina Pipeline from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research report on Monday, March 14th. BMO Capital Markets upgraded shares of Pembina Pipeline from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 1st. Finally, Scotiabank boosted their price target on shares of Pembina Pipeline from C$47.00 to C$49.00 in a report on Wednesday, March 2nd. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $44.75. Read more …

 


Royal Bank of Canada (TSE:RY) (NYSE:RY) was upgraded by analysts at CIBC to a “buy” rating in a research note issued to investors on Monday, TipRanks reports. The brokerage currently has a C$149.00 price objective on the financial services provider’s stock. CIBC’s price target suggests a potential upside of 8.17% from the company’s previous close.

Several other analysts have also recently weighed in on RY. Fundamental Research reduced their price target on Royal Bank of Canada from C$152.07 to C$151.16 and set a “buy” rating on the stock in a report on Monday, March 7th. National Bankshares boosted their target price on Royal Bank of Canada from C$140.00 to C$147.00 in a research report on Wednesday, February 23rd. Barclays increased their price target on shares of Royal Bank of Canada from C$141.00 to C$157.00 and gave the company an “overweight” rating in a research report on Wednesday, January 19th. Canaccord Genuity Group boosted their price target on shares of Royal Bank of Canada from C$148.00 to C$150.00 in a research report on Thursday, February 17th. Finally, TD Securities boosted their target price on shares of Royal Bank of Canada from C$150.00 to C$165.00 in a research report on Tuesday, February 15th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$147.15. Read more …

 


Wells Fargo & Company (NYSE:WFC) was upgraded by research analysts at Citigroup from a “neutral” rating to a “buy” rating in a report issued on Monday, The Fly reports.

WFC has been the subject of several other reports. Barclays upgraded Wells Fargo & Company from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $50.00 to $62.00 in a research report on Monday, January 3rd. Piper Sandler lowered their price objective on Wells Fargo & Company from $67.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, March 31st. Morgan Stanley lowered their price objective on Wells Fargo & Company from $72.00 to $66.00 and set an “overweight” rating for the company in a research report on Monday, March 28th. JPMorgan Chase & Co. increased their price objective on Wells Fargo & Company from $57.00 to $58.50 in a research report on Thursday, February 3rd. Finally, StockNews.com started coverage on Wells Fargo & Company in a research report on Thursday, March 31st. They set a “hold” rating for the company. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $57.58. Read more …

 

 


Cardinal Health (NYSE:CAH) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report released on Tuesday, Briefing.com reports. The brokerage currently has a $74.00 target price on the stock. Morgan Stanley’s price target would suggest a potential upside of 20.56% from the stock’s current price.

CAH has been the subject of several other research reports. Credit Suisse Group lowered their price objective on shares of Cardinal Health from $60.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, February 4th. Zacks Investment Research raised Cardinal Health from a “sell” rating to a “hold” rating and set a $55.00 price objective for the company in a research note on Monday, March 14th. Robert W. Baird increased their price objective on Cardinal Health from $52.00 to $57.00 in a research note on Friday, February 4th. StockNews.com cut Cardinal Health from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 24th. Finally, TheStreet cut Cardinal Health from a “b” rating to a “c” rating in a report on Thursday, February 3rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $58.10. Read more …

 

 

Downgrades:

 


American Express (NYSE:AXP) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

A number of other equities research analysts also recently commented on AXP. Wells Fargo & Company lifted their target price on American Express from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 26th. BMO Capital Markets lifted their target price on shares of American Express from $152.00 to $155.00 and gave the company a “market perform” rating in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft raised their price target on shares of American Express from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, January 26th. Daiwa Capital Markets raised shares of American Express from a “neutral” rating to a “buy” rating and raised their price target for the stock from $190.00 to $215.00 in a research note on Thursday, February 10th. Finally, Stephens lifted their target price on shares of American Express from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 26th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $197.71. Read more …

 

 


Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) was downgraded by equities research analysts at CIBC from an “outperform” rating to a “neutral” rating in a report released on Monday, BayStreet.CA reports. They presently have a C$94.00 target price on the bank’s stock, down from their prior target price of C$105.00. CIBC’s target price would indicate a potential upside of 7.24% from the company’s previous close.

BNS has been the subject of several other research reports. TD Securities downgraded shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and set a C$100.00 price objective for the company. in a report on Thursday, March 10th. National Bankshares raised their price target on Bank of Nova Scotia from C$86.00 to C$90.00 in a report on Wednesday, February 23rd. BMO Capital Markets lifted their target price on Bank of Nova Scotia from C$93.00 to C$95.00 in a report on Wednesday, March 2nd. Barclays boosted their price objective on Bank of Nova Scotia from C$84.00 to C$96.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 19th. Finally, Canaccord Genuity Group boosted their price objective on Bank of Nova Scotia from C$98.00 to C$100.00 in a research report on Thursday, February 17th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$92.72. Read more …

 


Canadian Western Bank (TSE:CWB) was downgraded by analysts at CIBC to a “hold” rating in a report released on Monday, TipRanks reports. They currently have a C$38.00 price objective on the stock. CIBC’s price objective would indicate a potential upside of 10.47% from the stock’s previous close.

A number of other research analysts have also recently weighed in on CWB. National Bankshares lifted their price objective on shares of Canadian Western Bank from C$43.00 to C$44.00 and gave the company a “sector perform” rating in a report on Tuesday, March 1st. TD Securities upped their price target on shares of Canadian Western Bank from C$43.00 to C$47.00 in a research note on Tuesday, February 15th. BMO Capital Markets boosted their price objective on shares of Canadian Western Bank from C$42.00 to C$42.50 in a research report on Monday, February 28th. Finally, Raymond James upped their target price on shares of Canadian Western Bank from C$41.00 to C$43.00 and gave the company an “outperform” rating in a report on Monday, February 28th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$42.86. Read more …

 


Kinder Morgan (NYSE:KMI) was downgraded by Wolfe Research from a “peer perform” rating to an “underperform” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a $18.00 target price on the pipeline company’s stock, up from their prior target price of $17.00. Wolfe Research’s price target would suggest a potential downside of 7.60% from the company’s current price.

Several other research firms also recently weighed in on KMI. StockNews.com initiated coverage on Kinder Morgan in a research report on Thursday, March 31st. They set a “hold” rating for the company. Barclays lifted their price objective on Kinder Morgan from $18.00 to $19.00 in a report on Thursday, January 20th. Finally, Zacks Investment Research upgraded shares of Kinder Morgan from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Tuesday, January 25th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Kinder Morgan presently has an average rating of “Hold” and an average price target of $18.36. Read more …

 

 


Starbucks (NASDAQ:SBUX) was downgraded by equities researchers at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

SBUX has been the subject of several other reports. Wedbush cut Starbucks from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $105.00 to $91.00 in a report on Tuesday, April 5th. Barclays reduced their price target on Starbucks from $136.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, February 2nd. Zacks Investment Research raised Starbucks from a “sell” rating to a “hold” rating and set a $95.00 price objective for the company in a report on Monday, March 21st. Jefferies Financial Group cut their price objective on Starbucks from $142.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, February 2nd. Finally, Cowen lowered their price objective on Starbucks from $125.00 to $115.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 2nd. Fifteen research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $113.50. Read more …

 


Toronto-Dominion Bank (TSE:TD) (NYSE:TD) was downgraded by investment analysts at CIBC from an “outperform” rating to a “neutral” rating in a research note issued on Monday, BayStreet.CA reports. They currently have a C$103.00 target price on the stock, down from their prior target price of C$115.00. CIBC’s target price would suggest a potential upside of 5.81% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity Group dropped their price objective on shares of Toronto-Dominion Bank from C$110.50 to C$106.00 in a research note on Friday, March 4th. Barclays increased their price target on shares of Toronto-Dominion Bank from C$99.00 to C$111.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 19th. Scotiabank cut their price target on shares of Toronto-Dominion Bank from C$117.00 to C$116.00 in a research note on Friday, March 4th. Royal Bank of Canada raised their price objective on shares of Toronto-Dominion Bank from C$104.00 to C$113.00 and gave the stock a “sector perform” rating in a research report on Friday, March 4th. Finally, BMO Capital Markets lowered their target price on shares of Toronto-Dominion Bank from C$105.00 to C$100.00 in a report on Friday, March 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus price target of C$102.35. Read more …

 


TC Energy (TSE:TRP) (NYSE:TRP) was downgraded by stock analysts at Wolfe Research to a “sell” rating in a report released on Monday, TipRanks reports. They currently have a C$57.00 target price on the stock. Wolfe Research’s target price would suggest a potential downside of 21.71% from the company’s current price.

A number of other research analysts have also recently commented on the company. The Goldman Sachs Group cut TC Energy from a “neutral” rating to a “sell” rating in a research report on Thursday, January 13th. Tudor Pickering & Holt boosted their price target on TC Energy from C$63.00 to C$65.00 and gave the stock a “hold” rating in a report on Wednesday, February 16th. Industrial Alliance Securities upgraded TC Energy to a “buy” rating and set a C$74.00 target price on the stock in a report on Monday, April 4th. US Capital Advisors lowered TC Energy from an “overweight” rating to a “hold” rating in a research note on Friday, March 11th. Finally, Tudor Pickering upped their target price on TC Energy to C$65.00 and gave the stock a “hold” rating in a research report on Wednesday, February 16th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$68.64. Read more …

 

 


U.S. Bancorp (NYSE:USB) was downgraded by stock analysts at Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.

Other equities analysts have also recently issued reports about the stock. UBS Group cut shares of U.S. Bancorp from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $64.00 to $56.00 in a research report on Friday. Morgan Stanley decreased their price objective on shares of U.S. Bancorp from $70.00 to $66.00 and set an “equal weight” rating for the company in a research report on Monday, March 28th. Oppenheimer decreased their price objective on shares of U.S. Bancorp from $74.00 to $69.00 in a research report on Friday, January 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of U.S. Bancorp in a research report on Friday, December 17th. Finally, Jefferies Financial Group cut shares of U.S. Bancorp from a “buy” rating to a “hold” rating and decreased their price objective for the company from $66.00 to $64.00 in a research report on Monday, February 14th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $64.29. Read more …

 

November 20, 2021

Dividend Increases Week 46, 2021



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, 21 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

 

The table below summarises the dividend change announcements.  The table shows the current dividend, the new dividend and the percentage increase (%). Dividends are shown on an annual basis and in US dollars unless otherwise stated. Yield is the new dividend yield of the most recent price, and Years is the years of consecutive dividend increases.