Notable Analyst Upgrades and Downgrades for Week of May 30 2022

 

Upgrades:

 

Linde (NYSE:LIN) was upgraded by Evercore ISI to an "outperform" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

LIN has been the topic of a number of other reports. Credit Suisse Group began coverage on shares of Linde in a research report on Tuesday. They set an "outperform" rating and a $380.00 price objective on the stock. BMO Capital Markets lowered their price objective on shares of Linde from $405.00 to $365.00 and set an "outperform" rating on the stock in a research report on Monday, February 14th. Jefferies Financial Group began coverage on shares of Linde in a research report on Wednesday, March 30th. They set a "buy" rating and a $390.00 price objective on the stock. HSBC boosted their target price on shares of Linde from $366.00 to $382.00 and gave the stock a "buy" rating in a research report on Friday, February 18th. Finally, Zacks Investment Research raised shares of Linde from a "sell" rating to a "hold" rating and set a $312.00 target price for the company in a research report on Monday, February 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, Linde currently has an average rating of "Buy" and a consensus price target of $367.14. Read more …

 

Magellan Midstream Partners (NYSE:MMP) was upgraded by stock analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

A number of other analysts have also commented on MMP. TD Securities boosted their target price on Magellan Midstream Partners from $51.00 to $52.00 and gave the company a "hold" rating in a research report on Friday, May 6th. Morgan Stanley boosted their target price on Magellan Midstream Partners from $50.00 to $54.00 and gave the company an "underweight" rating in a research report on Tuesday, April 26th. JPMorgan Chase & Co. raised Magellan Midstream Partners from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $52.00 to $57.00 in a research report on Wednesday, May 25th. StockNews.com started coverage on Magellan Midstream Partners in a research report on Thursday, March 31st. They issued a "hold" rating for the company. Finally, Mizuho boosted their target price on Magellan Midstream Partners from $50.00 to $52.00 and gave the company a "neutral" rating in a research report on Wednesday, March 30th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $52.30. Read more …

 

Danaher (NYSE:DHR) was upgraded by investment analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other research analysts have also recently commented on the company. William Blair restated an "outperform" rating on shares of Danaher in a research report on Friday, April 22nd. UBS Group decreased their target price on Danaher from $365.00 to $340.00 in a research report on Sunday, April 24th. StockNews.com cut Danaher from a "buy" rating to a "hold" rating in a research report on Friday, April 22nd. Zacks Investment Research cut Danaher from a "buy" rating to a "hold" rating and set a $278.00 target price on the stock. in a research report on Monday, April 25th. Finally, Robert W. Baird decreased their target price on Danaher from $334.00 to $319.00 and set an "outperform" rating on the stock in a research report on Friday, April 22nd. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $331.14. Read more …

 

 

Xylem (NYSE:XYL) was upgraded by investment analysts at Cowen from a "market perform" rating to an "outperform" rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. The firm currently has a $75.00 target price on the industrial products company's stock. Cowen's price objective indicates a potential downside of 10.98% from the stock's current price.

Other analysts have also recently issued reports about the company. Stifel Nicolaus dropped their price objective on Xylem from $100.00 to $90.00 and set a "hold" rating for the company in a report on Monday, April 18th. Raymond James raised Xylem from an "underperform" rating to a "market perform" rating in a report on Tuesday, April 5th. Morgan Stanley dropped their price objective on Xylem from $120.00 to $110.00 and set an "overweight" rating for the company in a report on Monday, April 18th. Zacks Investment Research raised Xylem from a "sell" rating to a "hold" rating and set a $89.00 price target for the company in a research note on Thursday, May 12th. Finally, TheStreet cut Xylem from a "b" rating to a "c+" rating in a research note on Monday, February 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Xylem has an average rating of "Hold" and a consensus price target of $108.55. Read more …

 

Dividend Increases Week 21

 

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

Notable Analyst Upgrades and Downgrades for Week of May 23 2022

 

Upgrades:

 

Consolidated Edison (NYSE:ED) was upgraded by research analysts at Guggenheim from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. The brokerage currently has a $94.00 price target on the utilities provider’s stock. Guggenheim’s target price would suggest a potential downside of 6.37% from the stock’s previous close.

Several other equities research analysts also recently commented on ED. The Goldman Sachs Group boosted their target price on shares of Consolidated Edison from $65.00 to $83.00 and gave the company a “sell” rating in a research note on Thursday, March 31st. Royal Bank of Canada upped their price target on shares of Consolidated Edison from $88.00 to $89.00 and gave the stock a “sector perform” rating in a research report on Monday, March 28th. Wells Fargo & Company downgraded shares of Consolidated Edison from an “equal weight” rating to a “sell” rating and upped their price target for the stock from $85.00 to $94.00 in a research report on Tuesday, May 3rd. KeyCorp upped their price target on shares of Consolidated Edison from $71.00 to $72.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 20th. Finally, Credit Suisse Group began coverage on shares of Consolidated Edison in a research report on Monday, April 25th. They set a “neutral” rating and a $100.00 price target on the stock. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $84.58. Read more …

 

DTE Energy (NYSE:DTE) was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research note issued on Monday, MarketBeat.com reports. The brokerage currently has a $140.00 target price on the utilities provider’s stock, down from their previous target price of $142.00. Credit Suisse Group’s target price points to a potential upside of 4.37% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Argus lifted their price objective on shares of DTE Energy from $130.00 to $132.00 in a report on Thursday, March 10th. Bank of America upgraded shares of DTE Energy from an “underperform” rating to a “buy” rating and set a $127.00 price target on the stock in a report on Tuesday, February 15th. Citigroup boosted their price target on shares of DTE Energy from $134.00 to $146.00 in a report on Tuesday, May 3rd. StockNews.com began coverage on shares of DTE Energy in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Morgan Stanley lifted their price objective on shares of DTE Energy from $133.00 to $143.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 20th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $130.91. Read more …

 

JPMorgan Chase & Co. (NYSE:JPM) was upgraded by Societe Generale from a “hold” rating to a “buy” rating in a report issued on Tuesday, Briefing.com reports.

A number of other research analysts also recently weighed in on JPM. Argus lowered their price objective on shares of JPMorgan Chase & Co. from $177.00 to $155.00 in a research report on Thursday, April 14th. The Goldman Sachs Group set a $151.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research report on Thursday, April 14th. Zacks Investment Research upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating and set a $147.00 price objective on the stock in a research report on Monday, March 21st. Royal Bank of Canada set a $175.00 price objective on shares of JPMorgan Chase & Co. and gave the company an “outperform” rating in a research report on Thursday, April 14th. Finally, Barclays set a $200.00 price target on shares of JPMorgan Chase & Co. in a research report on Monday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $161.67. Read more …

 

 

Air Products and Chemicals (NYSE:APD) was upgraded by investment analysts at Atlantic Securities from a "neutral" rating to an "overweight" rating in a report issued on Wednesday, The Fly reports. The brokerage presently has a $290.00 price target on the basic materials company's stock, up from their previous price target of $280.00. Atlantic Securities' target price would indicate a potential upside of 22.46% from the stock's current price.

APD has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Air Products and Chemicals from $300.00 to $272.00 in a research report on Tuesday, May 10th. BMO Capital Markets downgraded shares of Air Products and Chemicals from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $383.00 to $280.00 in a report on Tuesday, February 8th. Credit Suisse Group reduced their price target on shares of Air Products and Chemicals from $302.00 to $290.00 and set an "outperform" rating on the stock in a report on Friday, May 20th. JPMorgan Chase & Co. raised shares of Air Products and Chemicals from a "neutral" rating to an "overweight" rating and set a $275.00 price objective on the stock in a research note on Monday, March 21st. Finally, Wells Fargo & Company lowered shares of Air Products and Chemicals from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $275.00 to $255.00 in a research report on Wednesday, May 11th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, Air Products and Chemicals presently has a consensus rating of "Buy" and an average price target of $303.00. Read more …

Notable Analyst Upgrades and Downgrades for Week of April 11 2022 (Part 2)

 

Upgrades:

 

J.B. Hunt Transport Services (NASDAQ:JBHT) was upgraded by research analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report issued on Tuesday, The Fly reports. The analysts noted that the move was a valuation call.

JBHT has been the subject of a number of other reports. Citigroup raised their target price on shares of J.B. Hunt Transport Services from $205.00 to $230.00 in a report on Wednesday, January 12th. Wells Fargo & Company increased their target price on shares of J.B. Hunt Transport Services from $233.00 to $240.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 19th. JPMorgan Chase & Co. cut their target price on shares of J.B. Hunt Transport Services from $203.00 to $187.00 and set a “neutral” rating for the company in a research report on Friday. Zacks Investment Research downgraded shares of J.B. Hunt Transport Services from a “buy” rating to a “hold” rating and set a $208.00 target price for the company. in a research report on Monday, March 14th. Finally, StockNews.com downgraded shares of J.B. Hunt Transport Services from a “buy” rating to a “hold” rating in a report on Saturday. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $206.05. Read more …

 

Charles Schwab (NYSE:SCHW) was upgraded by analysts at Compass Point from a “neutral” rating to a “buy” rating in a report released on Tuesday, MarketBeat.com reports. The firm currently has a $98.00 price objective on the financial services provider’s stock. Compass Point’s target price indicates a potential upside of 20.13% from the company’s current price.

Several other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Charles Schwab from $100.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 19th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Charles Schwab from $120.00 to $114.00 and set a “buy” rating for the company in a report on Thursday, April 7th. Zacks Investment Research downgraded shares of Charles Schwab from a “buy” rating to a “hold” rating and set a $91.00 price objective on the stock. in a research note on Monday, February 21st. Argus increased their price objective on shares of Charles Schwab from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, January 21st. Finally, StockNews.com initiated coverage on shares of Charles Schwab in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $96.47. Read more …

 

International Business Machines (NYSE:IBM) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued on Wednesday, The Fly reports.

Several other equities analysts have also issued reports on the company. Stifel Nicolaus decreased their target price on International Business Machines from $151.00 to $145.00 and set a “buy” rating on the stock in a research note on Wednesday, December 15th. UBS Group decreased their target price on International Business Machines from $124.00 to $118.00 in a research note on Tuesday, January 25th. Zacks Investment Research lowered International Business Machines from a “buy” rating to a “hold” rating and set a $140.00 price target on the stock. in a research report on Tuesday, April 5th. StockNews.com initiated coverage on International Business Machines in a research report on Thursday, March 31st. They issued a “buy” rating on the stock. Finally, The Goldman Sachs Group initiated coverage on International Business Machines in a research report on Sunday, January 9th. They issued a “neutral” rating and a $140.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $146.55. Read more …

 

 

NVIDIA (NASDAQ:NVDA) was upgraded by stock analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports. The brokerage currently has a $280.00 target price on the computer hardware maker’s stock. Citigroup’s target price indicates a potential upside of 29.32% from the stock’s previous close. The analysts noted that the move was a valuation call.

NVDA has been the topic of several other research reports. Summit Insights lowered NVIDIA from a “buy” rating to a “hold” rating in a research note on Thursday, February 17th. New Street Research raised NVIDIA from a “neutral” rating to a “buy” rating and set a $280.00 price objective for the company in a research note on Wednesday. Truist Financial dropped their price objective on shares of NVIDIA from $347.00 to $298.00 in a report on Friday, April 8th. StockNews.com began coverage on shares of NVIDIA in a report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, Cowen reaffirmed an “outperform” rating and set a $350.00 price objective on shares of NVIDIA in a report on Tuesday, March 15th. Six investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Buy” and an average price target of $327.00. Read more …

 

H.B. Fuller (NYSE:FUL) was upgraded by equities research analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a research note issued to investors on Thursday, The Fly reports.

Several other research firms have also recently issued reports on FUL. Zacks Investment Research cut H.B. Fuller from a “buy” rating to a “hold” rating in a report on Friday, March 25th. JPMorgan Chase & Co. downgraded shares of H.B. Fuller from an “overweight” rating to a “neutral” rating and cut their target price for the company from $75.00 to $73.00 in a research note on Friday, January 21st. StockNews.com assumed coverage on shares of H.B. Fuller in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Seaport Res Ptn reissued a “buy” rating on shares of H.B. Fuller in a research note on Thursday, January 20th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of H.B. Fuller from $80.00 to $72.00 and set a “hold” rating on the stock in a research note on Monday, March 28th. Six equities research analysts have rated the stock with a hold rating and two 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 $74.83. Read more …

 

Huntington Ingalls Industries (NYSE:HII) was upgraded by equities researchers at Cowen from a “market perform” rating to an “outperform” rating in a report released on Thursday, The Fly reports. The firm presently has a $270.00 price objective on the aerospace company’s stock, up from their previous price objective of $200.00. Cowen’s price objective would indicate a potential upside of 26.80% from the stock’s previous close.

HII has been the topic of several other research reports. StockNews.com initiated coverage on shares of Huntington Ingalls Industries in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Vertical Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a report on Thursday, March 17th. Wolfe Research began coverage on shares of Huntington Ingalls Industries in a report on Wednesday, December 15th. They issued an “outperform” rating and a $225.00 target price on the stock. TheStreet raised shares of Huntington Ingalls Industries from a “c+” rating to a “b-” rating in a report on Thursday, March 3rd. Finally, Zacks Investment Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Monday, January 10th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $227.00. Read more …

 

 

 

Downgrades:

 

AmerisourceBergen (NYSE:ABC) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued on Tuesday, Briefing.com reports. They presently have a $178.00 price objective on the stock. Morgan Stanley’s price objective points to a potential upside of 9.44% from the company’s current price.

A number of other equities analysts also recently commented on the stock. Mizuho boosted their price objective on shares of AmerisourceBergen from $130.00 to $139.00 and gave the stock a “neutral” rating in a research note on Thursday, February 3rd. Scotiabank cut AmerisourceBergen from an “outperform” rating to a “sector perform” rating in a research report on Thursday, January 6th. Barclays lifted their target price on shares of AmerisourceBergen from $135.00 to $152.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 11th. Robert W. Baird increased their target price on AmerisourceBergen from $175.00 to $179.00 in a research note on Thursday, February 3rd. Finally, StockNews.com upgraded AmerisourceBergen from a “buy” rating to a “strong-buy” rating in a research note on Friday. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, AmerisourceBergen currently has an average rating of “Buy” and a consensus target price of $158.00. Read more …

 

Franklin Resources (NYSE:BEN) was downgraded by stock analysts at Citigroup from a “buy” rating to a “neutral” rating in a research note issued on Tuesday, MarketBeat reports. They presently have a $28.00 target price on the closed-end fund’s stock, down from their previous target price of $44.50. Citigroup’s price objective indicates a potential upside of 8.32% from the company’s current price.

A number of other equities research analysts have also weighed in on BEN. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Franklin Resources from $33.00 to $27.00 in a report on Thursday, April 7th. BMO Capital Markets lowered shares of Franklin Resources from an “outperform” rating to a “market perform” rating and set a $38.00 price objective for the company. in a report on Thursday, December 16th. Bank of America assumed coverage on shares of Franklin Resources in a report on Thursday, December 16th. They set a “neutral” rating and a $38.00 price objective for the company. StockNews.com assumed coverage on shares of Franklin Resources in a report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Keefe, Bruyette & Woods lowered shares of Franklin Resources from an “outperform” rating to a “market perform” rating and set a $30.00 price target for the company. in a report on Tuesday. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $31.25. Read more …

 

Cisco Systems (NASDAQ:CSCO) was downgraded by analysts at Citigroup from a “neutral” rating to a “sell” rating in a report released on Tuesday, MarketBeat reports. They currently have a $45.00 price target on the network equipment provider’s stock, down from their previous price target of $65.00. Citigroup’s price objective would indicate a potential downside of 14.02% from the company’s previous close.

CSCO has been the topic of a number of other reports. Raymond James reduced their price target on shares of Cisco Systems from $64.00 to $63.00 and set an “outperform” rating on the stock in a research report on Thursday, February 17th. Zacks Investment Research upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Monday, January 24th. The Goldman Sachs Group cut shares of Cisco Systems from a “buy” rating to a “neutral” rating and set a $65.00 price objective on the stock. in a report on Wednesday, January 19th. JPMorgan Chase & Co. dropped their price objective on shares of Cisco Systems from $70.00 to $69.00 in a report on Thursday, January 20th. Finally, Barclays increased their price objective on shares of Cisco Systems from $61.00 to $68.00 in a report on Thursday, February 17th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $62.47. Read more …

 

 

Waste Management (NYSE:WM) was downgraded by equities researchers at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report issued on Tuesday, The Fly reports. They currently have a $174.00 price objective on the business services provider’s stock. BMO Capital Markets’ price target would suggest a potential upside of 6.55% from the company’s previous close.

A number of other equities analysts also recently commented on WM. Erste Group downgraded shares of Waste Management to a “hold” rating in a report on Wednesday, February 9th. JPMorgan Chase & Co. started coverage on shares of Waste Management in a report on Tuesday, March 1st. They set a “neutral” rating and a $153.00 price objective for the company. Finally, StockNews.com started coverage on shares of Waste Management in a research report on Thursday, March 31st. They set a “buy” rating for the company. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $155.00. Read more …

 

Medtronic (NYSE:MDT) was downgraded by equities research analysts at Truist Financial from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Briefing.com reports. They currently have a $121.00 price target on the medical technology company’s stock, down from their prior price target of $124.00. Truist Financial’s price target indicates a potential upside of 9.42% from the stock’s current price.

A number of other research analysts also recently commented on MDT. JPMorgan Chase & Co. downgraded Medtronic from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $130.00 to $105.00 in a report on Friday, December 17th. BTIG Research lowered shares of Medtronic from a “buy” rating to a “neutral” rating and set a $104.00 price target on the stock. in a research note on Monday, January 10th. Bank of America began coverage on shares of Medtronic in a research report on Tuesday, March 1st. They set a “buy” rating for the company. Raymond James dropped their target price on shares of Medtronic from $127.00 to $116.00 and set an “outperform” rating on the stock in a research report on Friday, February 18th. Finally, Citigroup reduced their price target on shares of Medtronic from $130.00 to $129.00 and set a “buy” rating for the company in a research report on Wednesday, January 19th. Eleven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $129.32. Read more …

 

TransAlta Renewables (TSE:RNW) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Wednesday, BayStreet.CA reports. They currently have a C$21.00 price objective on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 13.76% from the company’s previous close.

A number of other research analysts have also recently issued reports on RNW. Scotiabank decreased their price objective on shares of TransAlta Renewables from C$19.00 to C$18.50 in a research note on Thursday, January 27th. Raymond James set a C$19.00 price objective on shares of TransAlta Renewables and gave the stock a “market perform” rating in a report on Friday, February 25th. Industrial Alliance Securities downgraded TransAlta Renewables to a “hold” rating and set a C$19.00 target price on the stock. in a research note on Thursday, March 10th. CIBC dropped their price objective on shares of TransAlta Renewables from C$19.50 to C$19.00 and set a “neutral” rating on the stock in a report on Monday, February 28th. Finally, National Bankshares reduced their price target on shares of TransAlta Renewables from C$19.00 to C$18.50 and set a “sector perform” rating for the company in a research report on Wednesday, January 12th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$19.20. Read more …

 

 

Thor Industries (NYSE:THO) was downgraded by investment analysts at BNP Paribas from a “neutral” rating to an “underperform” rating in a report released on Wednesday, Briefing.com reports. They presently have a $65.00 price target on the construction company’s stock. BNP Paribas’ price objective points to a potential downside of 18.94% from the company’s current price.

A number of other research analysts have also recently commented on THO. Robert W. Baird cut their price target on shares of Thor Industries from $150.00 to $120.00 in a report on Thursday, March 10th. BMO Capital Markets dropped their price objective on Thor Industries from $175.00 to $140.00 and set an “outperform” rating on the stock in a research note on Thursday, March 10th. StockNews.com initiated coverage on Thor Industries in a report on Thursday, March 31st. They issued a “hold” rating for the company. Truist Financial lowered Thor Industries from a “buy” rating to a “hold” rating and cut their price target for the company from $125.00 to $100.00 in a research note on Wednesday, March 2nd. Finally, Citigroup initiated coverage on shares of Thor Industries in a research note on Thursday, February 10th. They issued a “neutral” rating and a $100.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $116.67. Read more …

 

W.W. Grainger (NYSE:GWW) was downgraded by equities research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Thursday, The Fly reports.

A number of other brokerages have also issued reports on GWW. William Blair reaffirmed a “market perform” rating on shares of W.W. Grainger in a research note on Thursday, February 3rd. Oppenheimer boosted their price objective on W.W. Grainger from $535.00 to $580.00 and gave the stock an “outperform” rating in a research note on Friday, February 4th. Atlantic Securities raised W.W. Grainger from a “neutral” rating to an “overweight” rating and set a $580.00 price objective on the stock in a research note on Tuesday, March 15th. Royal Bank of Canada boosted their price objective on W.W. Grainger from $392.00 to $432.00 in a research note on Friday, February 4th. Finally, StockNews.com assumed coverage on W.W. Grainger in a research note on Thursday, March 31st. They set a “buy” rating on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $510.55. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of January 10 2022 (Part 1)

 

Upgrades:

 

CVS Health (NYSE:CVS) was upgraded by stock analysts at Edward Jones from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

Several other equities research analysts have also recently weighed in on the stock. Seaport Research Partners assumed coverage on shares of CVS Health in a research report on Wednesday, December 1st. They set a “buy” rating and a $110.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of CVS Health in a report on Tuesday, December 14th. They issued a “buy” rating and a $121.00 target price for the company. Citigroup increased their target price on shares of CVS Health from $98.00 to $111.00 and gave the stock a “buy” rating in a report on Thursday, November 4th. They noted that the move was a valuation call. Seaport Global Securities started coverage on shares of CVS Health in a report on Wednesday, December 1st. They issued a “buy” rating and a $110.00 price objective for the company. Finally, Seaport Res Ptn reiterated a “buy” rating on shares of CVS Health in a report on Wednesday, December 1st. Four investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $111.73. Read more …

 

Kimco Realty (NYSE:KIM) was upgraded by research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research note issued on Monday, The Fly reports. The firm currently has a $29.00 price objective on the real estate investment trust’s stock, up from their prior price objective of $24.00. Jefferies Financial Group’s price objective would suggest a potential upside of 17.93% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Argus raised Kimco Realty from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a report on Wednesday, January 5th. Truist upped their target price on Kimco Realty from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, December 10th. Wolfe Research began coverage on shares of Kimco Realty in a research note on Thursday, September 23rd. They set a “market perform” rating and a $24.00 target price for the company. BTIG Research reaffirmed a “hold” rating on shares of Kimco Realty in a research note on Sunday, September 26th. Finally, Evercore ISI upgraded Kimco Realty from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $24.00 to $26.00 in a research report on Monday, November 22nd. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $25.81. Read more …

 

Kinder Morgan (NYSE:KMI) was upgraded by equities research analysts at Wolfe Research from an “underperform” rating to a “market perform” rating in a report issued on Monday, The Fly reports. The brokerage currently has a $17.00 target price on the pipeline company’s stock, up from their previous target price of $16.00. Wolfe Research’s target price suggests a potential downside of 2.19% from the stock’s current price.

KMI has been the subject of a number of other reports. Zacks Investment Research cut shares of Kinder Morgan from a “buy” rating to a “hold” rating and set a $19.00 target price for the company. in a report on Wednesday, October 27th. Bank of America started coverage on shares of Kinder Morgan in a report on Tuesday, September 28th. They set a “neutral” rating for the company. Finally, Mizuho reduced their target price on shares of Kinder Morgan from $22.00 to $21.00 and set a “buy” rating for the company in a report on Monday, December 6th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.92. Read more …

 

 

L3Harris Technologies (NYSE:LHX) was upgraded by research analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating in a research note issued to investors on Tuesday, Price Targets.com reports. The brokerage presently has a $266.00 price objective on the stock. Wolfe Research's price target would indicate a potential upside of 19.05% from the company's current price.

A number of other equities research analysts have also recently commented on the company. UBS Group cut L3Harris Technologies from a "buy" rating to a "neutral" rating and dropped their target price for the company from $260.00 to $235.00 in a research report on Tuesday, December 14th. Robert W. Baird raised shares of L3Harris Technologies from a "neutral" rating to an "outperform" rating and set a $248.00 price target on the stock in a research note on Thursday, January 6th. The Goldman Sachs Group lowered shares of L3Harris Technologies from a "neutral" rating to a "sell" rating and set a $207.00 price target on the stock. in a research note on Thursday, September 23rd. Wells Fargo & Company raised shares of L3Harris Technologies from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $243.00 to $254.00 in a research note on Monday. Finally, Morgan Stanley decreased their target price on shares of L3Harris Technologies from $238.00 to $230.00 and set an "equal weight" rating on the stock in a research note on Thursday, November 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $243.77. Read more …

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

 

Upgrades:

 

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

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

 

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

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

 

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

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

 

 

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

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

Notable Analyst Upgrades and Downgrades for Week of December 14, 2020

 

Upgrades:

 

U.S. Bancorp (NYSE:USB) was upgraded by analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The brokerage currently has a $51.50 price objective on the financial services provider's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 12.35% from the company's previous close.

Several other analysts have also issued reports on the company. TheStreet raised U.S. Bancorp from a "c" rating to a "b-" rating in a research note on Thursday, October 15th. BidaskClub raised U.S. Bancorp from a "hold" rating to a "buy" rating in a research note on Saturday. Morgan Stanley upgraded U.S. Bancorp from an "underweight" rating to an "equal weight" rating and set a $57.00 price objective for the company in a research report on Monday, November 30th. Stephens upgraded U.S. Bancorp from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $42.00 to $52.00 in a research report on Monday, November 30th. Finally, Bank of America upgraded U.S. Bancorp from an "underperform" rating to a "neutral" rating and boosted their price objective for the company from $39.00 to $41.00 in a research report on Wednesday, October 7th. Eleven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has a consensus rating of "Buy" and an average target price of $47.13. Read more …

 

The Clorox (NYSE:CLX) was upgraded by equities research analysts at Smith Barney Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports. The firm presently has a $249.00 target price on the stock, up from their prior target price of $238.00. Smith Barney Citigroup’s price objective points to a potential upside of 22.62% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. downgraded shares of The Clorox from an “overweight” rating to a “neutral” rating and set a $235.00 target price for the company. in a report on Friday, October 16th. They noted that the move was a valuation call. ValuEngine downgraded shares of The Clorox from a “hold” rating to a “sell” rating in a report on Tuesday, November 10th. DA Davidson raised their target price on shares of The Clorox from $263.00 to $268.00 and gave the company a “buy” rating in a report on Tuesday, November 3rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of The Clorox from $223.00 to $227.00 and gave the company a “hold” rating in a report on Tuesday, November 3rd. Finally, Wells Fargo & Company began coverage on shares of The Clorox in a report on Monday, December 7th. They set an “overweight” rating and a $250.00 target price for the company. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $220.53. Read more …

 

Welltower (NYSE:WELL) was upgraded by KeyCorp from a “sector weight” rating to an “overweight” rating in a report released on Monday, The Fly reports. The firm currently has a $70.00 price objective on the real estate investment trust’s stock. KeyCorp’s price objective indicates a potential upside of 8.95% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company cut shares of Welltower from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $54.00 to $63.50 in a research report on Monday, November 16th. Barclays increased their price target on Welltower from $50.00 to $58.00 and gave the stock an “equal weight” rating in a report on Friday, September 4th. Mizuho cut Welltower from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $51.00 to $57.00 in a report on Friday, October 16th. Berenberg Bank lowered Welltower from a “buy” rating to a “hold” rating in a research report on Wednesday, December 2nd. Finally, Scotiabank downgraded shares of Welltower from a “sector perform” rating to a “sector underperform” rating and dropped their target price for the stock from $59.00 to $57.00 in a report on Thursday, December 3rd. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $57.64. Read more …

 

 

American Water Works (NYSE:AWK) was upgraded by stock analysts at Bank of America from an "underperform" rating to a "neutral" rating in a research report issued on Monday, The Fly reports.

Other analysts also recently issued reports about the company. Zacks Investment Research upgraded American Water Works from a "hold" rating to a "buy" rating and set a $169.00 price objective for the company in a report on Monday, November 9th. Janney Montgomery Scott downgraded American Water Works from a "buy" rating to a "neutral" rating in a report on Tuesday, October 13th. Barclays upped their price objective on American Water Works from $138.00 to $173.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 18th. Finally, HSBC upgraded American Water Works from a "hold" rating to a "buy" rating and set a $175.00 price target for the company in a report on Monday, November 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company's stock. The stock has a consensus rating of "Hold" and an average price target of $145.92.

Shares of American Water Works stock opened at $148.28 on Monday. American Water Works has a fifty-two week low of $92.00 and a fifty-two week high of $172.56. The firm has a market cap of $26.88 billion, a PE ratio of 40.62, a P/E/G ratio of 4.71 and a beta of 0.18. The business's fifty day moving average is $155.39 and its two-hundred day moving average is $143.68. The company has a quick ratio of 0.85, a current ratio of 0.87 and a debt-to-equity ratio of 1.47. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of October 5, 2020

 

 

Upgrades:

 

ONEOK (NYSE:OKE) was upgraded by investment analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research note issued on Monday, Briefing.com reports. The brokerage currently has a $36.00 price target on the utilities provider's stock. Wells Fargo & Company's price objective would suggest a potential upside of 35.70% from the company's current price.

 

OKE has been the topic of several other research reports. Argus cut ONEOK from a "buy" rating to a "hold" rating in a research report on Monday, August 3rd. Morgan Stanley lowered their target price on ONEOK from $26.00 to $25.00 and set an "underweight" rating on the stock in a research note on Friday, August 21st. Stifel Nicolaus lowered their target price on ONEOK from $38.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Royal Bank of Canada boosted their price objective on ONEOK from $31.00 to $33.00 and gave the company a "sector perform" rating in a research note on Thursday, July 30th. Finally, Scotiabank cut ONEOK from a "sector outperform" rating to a "sector perform" rating and set a $31.00 target price for the company. in a research report on Monday, September 21st. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. The stock has an average rating of "Hold" and an average target price of $37.75. Read more …

 

Bank of Montreal (TSE:BMO) (NYSE:BMO) was upgraded by equities research analysts at Bank of America from an "underperform" rating to a "neutral" rating in a report issued on Tuesday, BayStreet.CA reports.

 

A number of other research firms have also recently weighed in on BMO. Canaccord Genuity lifted their target price on shares of Bank of Montreal from C$79.00 to C$80.50 in a research note on Wednesday, August 19th. Royal Bank of Canada boosted their price target on shares of Bank of Montreal from C$75.00 to C$86.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 26th. TD Securities boosted their price target on shares of Bank of Montreal from C$84.00 to C$87.00 and gave the stock a "buy" rating in a research note on Wednesday, August 26th. Fundamental Research restated a "buy" rating and set a C$94.07 target price on shares of Bank of Montreal in a research report on Thursday, September 3rd. Finally, Credit Suisse Group upped their target price on shares of Bank of Montreal from C$75.00 to C$81.00 in a research report on Thursday, August 27th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. The company has an average rating of "Hold" and an average price target of C$85.27. Read more …

 

Diageo (NYSE:DEO) was upgraded by analysts at Jefferies Financial Group from an "underperform" rating to a "buy" rating in a report issued on Wednesday, The Fly reports.

 

A number of other analysts have also weighed in on the stock. UBS Group restated a "buy" rating on shares of Diageo in a research report on Monday, August 10th. Bryan, Garnier & Co raised shares of Diageo from a "neutral" rating to a "buy" rating in a research note on Wednesday, July 8th. Royal Bank of Canada reaffirmed a "sector perform" rating on shares of Diageo in a research note on Thursday, August 6th. Zacks Investment Research raised shares of Diageo from a "sell" rating to a "buy" rating and set a $148.00 price target for the company in a research note on Tuesday. Finally, HSBC assumed coverage on shares of Diageo in a research note on Wednesday, July 8th. They set a "buy" rating for the company. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company's stock. The stock currently has a consensus rating of "Hold" and an average target price of $135.50. Read more …

 

 

 

 

Anheuser Busch Inbev (NYSE:BUD) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. Jefferies Financial Group also issued estimates for Anheuser Busch Inbev’s Q3 2020 earnings at $0.74 EPS, Q4 2020 earnings at $0.74 EPS, FY2020 earnings at $1.51 EPS, FY2021 earnings at $3.07 EPS and FY2022 earnings at $3.33 EPS.

 

Several other equities analysts have also issued reports on BUD. Evercore ISI raised shares of Anheuser Busch Inbev from an “in-line” rating to an “outperform” rating and set a $75.00 price target on the stock in a report on Thursday, July 30th. Barclays reissued an “equal weight” rating on shares of Anheuser Busch Inbev in a report on Friday, September 18th. Argus boosted their price objective on shares of Anheuser Busch Inbev from $52.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, August 18th. UBS Group reissued a “neutral” rating on shares of Anheuser Busch Inbev in a report on Thursday, July 9th. Finally, Kepler Capital Markets reissued a “buy” rating on shares of Anheuser Busch Inbev in a report on Sunday, September 6th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. Anheuser Busch Inbev has a consensus rating of “Hold” and an average target price of $63.00. Read more …