Showing posts with label MO. Show all posts
Showing posts with label MO. Show all posts

June 10, 2022

Notable Analyst Upgrades and Downgrades for Week of June 6 2022



 

Upgrades:

 


American Express (NYSE:AXP) was upgraded by investment analysts at Edward Jones from a "hold" rating to a "buy" rating in a report issued on Monday, Briefing.com reports.

Several other equities analysts have also commented on the company. Oppenheimer reaffirmed an "outperform" rating and issued a $200.00 price target on shares of American Express in a research note on Wednesday, March 23rd. Robert W. Baird reaffirmed a "neutral" rating and issued a $175.00 price target on shares of American Express in a research note on Tuesday, April 26th. StockNews.com initiated coverage on American Express in a research note on Thursday, March 31st. They issued a "hold" rating on the stock. Citigroup upped their price target on American Express from $187.00 to $190.00 and gave the company a "neutral" rating in a research note on Tuesday, April 26th. Finally, Morgan Stanley boosted their price objective on American Express from $218.00 to $223.00 and gave the company an "overweight" rating in a report on Monday, March 28th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, American Express presently has a consensus rating of "Hold" and a consensus target price of $192.26. Read more …

 


ResMed (NYSE:RMD) was upgraded by research analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a report issued on Monday, The Fly reports.

A number of other equities research analysts have also commented on RMD. Wolfe Research assumed coverage on ResMed in a research report on Tuesday, April 5th. They issued an "outperform" rating and a $280.00 target price on the stock. StockNews.com downgraded ResMed from a "buy" rating to a "hold" rating in a report on Monday, May 2nd. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $267.11.

Shares of RMD opened at $208.31 on Monday. The company has a market cap of $30.47 billion, a PE ratio of 39.23, a P/E/G ratio of 2.31 and a beta of 0.45. The business has a fifty day moving average of $217.93 and a 200 day moving average of $237.23. ResMed has a 52-week low of $189.40 and a 52-week high of $301.34. The company has a quick ratio of 1.56, a current ratio of 2.55 and a debt-to-equity ratio of 0.20. Read more …

 


AmerisourceBergen (NYSE:ABC) was upgraded by research analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report released on Tuesday, Briefing.com reports. The brokerage presently has a $178.00 target price on the stock, up from their previous target price of $167.00. Deutsche Bank Aktiengesellschaft's target price would indicate a potential upside of 21.18% from the stock's current price.

Several other equities analysts have also weighed in on the company. Morgan Stanley reduced their price objective on AmerisourceBergen from $178.00 to $175.00 and set an "equal weight" rating on the stock in a research note on Friday, May 27th. Evercore ISI reduced their price objective on AmerisourceBergen to $165.00 in a research note on Friday. Barclays raised AmerisourceBergen from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $175.00 to $182.00 in a research note on Thursday, May 26th. Argus lifted their price objective on AmerisourceBergen from $140.00 to $160.00 in a research note on Monday, March 14th. Finally, Mizuho raised their target price on AmerisourceBergen from $139.00 to $162.00 in a report on Thursday, May 5th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $169.25. Read more …

 

 


McKesson (NYSE:MCK) was upgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a note issued to investors on Tuesday, The Fly reports.

Several other brokerages have also recently weighed in on MCK. Robert W. Baird raised their price target on shares of McKesson from $352.00 to $380.00 in a research report on Friday, May 6th. Credit Suisse Group raised their price target on shares of McKesson from $333.00 to $377.00 in a research report on Wednesday, May 11th. Mizuho raised their price target on shares of McKesson from $280.00 to $331.00 in a research report on Monday, May 9th. StockNews.com initiated coverage on shares of McKesson in a research report on Thursday, March 31st. They issued a "strong-buy" rating on the stock. Finally, UBS Group raised their price target on shares of McKesson to $380.00 and gave the company a "hold" rating in a research report on Thursday, May 19th. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, McKesson currently has an average rating of "Buy" and a consensus target price of $326.00. Read more …

May 13, 2022

Notable Analyst Upgrades and Downgrades for Week of May 9 2022



 

Upgrades:

 


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

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

 


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

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

 


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

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

 

 


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

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

 


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

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

 


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

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

 

 


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

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

 


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

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

 

 

Downgrades:

 


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

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

 

 


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

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

 


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

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

 


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

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

 

 


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

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

 


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

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

 


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

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

 

 


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

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

 


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

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

 


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

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

 

 


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

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

 


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

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

 


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

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

 

April 1, 2022

Notable Analyst Upgrades and Downgrades for Week of March 28 2022

 



Upgrades:

 


Bank of America (NYSE:BAC) was upgraded by research analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a report issued on Monday, The Fly reports.

Several other research firms also recently issued reports on BAC. JPMorgan Chase & Co. lifted their price target on Bank of America from $52.50 to $53.50 in a research note on Thursday, February 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Bank of America in a research note on Friday, December 17th. Argus boosted their target price on shares of Bank of America from $50.00 to $55.00 in a research note on Thursday, January 20th. Societe Generale downgraded shares of Bank of America from a "buy" rating to a "hold" rating in a research note on Wednesday, January 5th. They noted that the move was a valuation call. Finally, Robert W. Baird raised shares of Bank of America from an "underperform" rating to a "neutral" rating and set a $42.00 target price for the company in a research note on Tuesday, March 8th. Seven 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, the company presently has an average rating of "Buy" and an average target price of $50.38. Read more …

 


Deere & Company (NYSE:DE) was upgraded by investment analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a report released on Monday, The Fly reports. The firm presently has a $440.00 target price on the industrial products company's stock, up from their previous target price of $355.00. JPMorgan Chase & Co.'s target price would suggest a potential upside of 0.81% from the company's previous close.

A number of other analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Deere & Company from $400.00 to $417.00 and gave the company a "hold" rating in a research note on Tuesday, February 22nd. Evercore ISI upped their price objective on shares of Deere & Company from $354.00 to $415.00 in a research note on Monday, November 29th. Jefferies Financial Group reaffirmed a "buy" rating and set a $450.00 price objective on shares of Deere & Company in a research note on Friday, December 3rd. Zacks Investment Research lowered shares of Deere & Company from a "buy" rating to a "hold" rating and set a $412.00 price objective for the company. in a research note on Monday, February 14th. Finally, Wells Fargo & Company began coverage on shares of Deere & Company in a research report on Friday, March 11th. They issued an "overweight" rating and a $455.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, Deere & Company currently has an average rating of "Buy" and an average price target of $437.59. Read more …

 


Illinois Tool Works (NYSE:ITW) was upgraded by equities researchers at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Monday, The Fly reports. The firm currently has a $255.00 price objective on the industrial products company's stock, down from their prior price objective of $262.00. JPMorgan Chase & Co.'s price objective suggests a potential upside of 20.43% from the stock's previous close.

Other equities analysts also recently issued research reports about the company. Morgan Stanley cut their price target on Illinois Tool Works from $218.00 to $210.00 and set an "underweight" rating for the company in a research note on Monday, February 7th. The Goldman Sachs Group lifted their target price on shares of Illinois Tool Works from $239.00 to $263.00 and gave the stock a "neutral" rating in a research report on Monday, December 13th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Illinois Tool Works from $231.00 to $220.00 and set a "hold" rating on the stock in a research report on Friday, December 10th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $239.54. Read more …

 

 

 

Downgrades:

 


Citigroup (NYSE:C) was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research report issued on Monday, The Fly reports. They currently have a $60.00 price objective on the stock, down from their prior price objective of $75.00. Morgan Stanley’s target price would suggest a potential upside of 5.75% from the company’s previous close.

Several other research analysts also recently commented on C. BMO Capital Markets decreased their price objective on Citigroup from $83.00 to $78.00 and set a “buy” rating on the stock in a report on Thursday, March 3rd. Jefferies Financial Group downgraded Citigroup from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $79.00 to $60.00 in a report on Monday, March 7th. Piper Sandler reduced their price target on Citigroup from $88.00 to $85.00 in a report on Tuesday, January 18th. Credit Suisse Group reduced their price target on Citigroup from $72.00 to $66.00 and set an “outperform” rating on the stock in a report on Monday, March 7th. Finally, Oppenheimer reduced their price target on Citigroup from $120.00 to $114.00 in a report on Tuesday, January 18th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $74.75. Read more …

 


Campbell Soup (NYSE:CPB) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a report released on Monday, The Fly reports. They presently have a $46.00 price target on the stock, down from their previous price target of $47.00. Royal Bank of Canada’s price objective suggests a potential upside of 3.30% from the stock’s previous close.

A number of other brokerages have also issued reports on CPB. Credit Suisse Group raised their target price on shares of Campbell Soup from $41.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 14th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Campbell Soup from $45.00 to $46.00 in a research report on Tuesday, March 1st. Citigroup raised their target price on shares of Campbell Soup from $45.00 to $46.00 and gave the stock a “neutral” rating in a research report on Thursday, March 10th. Evercore ISI restated a “hold” rating on shares of Campbell Soup in a research report on Thursday, December 16th. Finally, StockNews.com lowered shares of Campbell Soup from a “buy” rating to a “hold” rating in a research report on Friday, February 25th. One investment analyst has rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $44.56. Read more …

 


Altria Group (NYSE:MO) was downgraded by equities researchers at Royal Bank of Canada from an "outperform" rating to a "sector perform" rating in a report issued on Monday, The Fly reports.

Several other research firms also recently issued reports on MO. Morgan Stanley boosted their price objective on shares of Altria Group from $47.00 to $51.00 and gave the stock an "equal weight" rating in a research note on Wednesday, January 26th. Bank of America downgraded shares of Altria Group from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $56.00 to $50.00 in a research note on Wednesday, January 5th. Finally, The Goldman Sachs Group raised shares of Altria Group from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $48.00 to $57.00 in a research report on Tuesday, March 22nd. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $54.17.

Shares of MO opened at $53.62 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 8.67. The stock has a market cap of $97.44 billion, a P/E ratio of 40.32, a PEG ratio of 2.77 and a beta of 0.59. The company has a 50-day moving average of $51.17 and a two-hundred day moving average of $48.29. Altria Group has a 12-month low of $42.53 and a 12-month high of $53.96. Read more …

 

 


CVS Health (NYSE:CVS) was downgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday, Briefing.com reports. They presently have a $110.00 price objective on the pharmacy operator's stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 1.81% from the company's previous close.

Other equities analysts have also issued research reports about the company. Truist Financial upped their price target on CVS Health from $118.00 to $124.00 and gave the company a "buy" rating in a research note on Wednesday, January 5th. Wells Fargo & Company upped their price objective on CVS Health from $98.00 to $107.00 and gave the company an "equal weight" rating in a report on Monday, December 13th. The Goldman Sachs Group started coverage on CVS Health in a report on Tuesday, December 14th. They issued a "buy" rating and a $121.00 price objective for the company. Tigress Financial upped their price objective on CVS Health from $108.00 to $122.00 and gave the company a "buy" rating in a report on Thursday, December 23rd. Finally, Seaport Global Securities initiated coverage on CVS Health in a report on Wednesday, December 1st. They issued a "buy" rating and a $110.00 price target for the company. Four analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $112.95. Read more …

 


Bank of New York Mellon (NYSE:BK) was downgraded by equities research analysts at The Goldman Sachs Group from a "buy" rating to a "neutral" rating in a research note issued on Wednesday, The Fly reports.

Several other analysts also recently issued reports on the company. Wells Fargo & Company decreased their price target on Bank of New York Mellon from $70.00 to $63.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 22nd. Keefe, Bruyette & Woods downgraded Bank of New York Mellon from an "outperform" rating to a "market perform" rating and increased their target price for the company from $66.00 to $70.00 in a research note on Tuesday, January 11th. Zacks Investment Research upgraded Bank of New York Mellon from a "hold" rating to a "buy" rating and set a $66.00 target price for the company in a research note on Monday, January 10th. Barclays increased their target price on Bank of New York Mellon from $62.00 to $74.00 in a research note on Monday, January 3rd. Finally, JPMorgan Chase & Co. upgraded Bank of New York Mellon from a "neutral" rating to an "overweight" rating and increased their target price for the company from $62.50 to $67.00 in a research note on Thursday, December 16th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $63.57. Read more …

 


Kimco Realty (NYSE:KIM) was downgraded by investment analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a report released on Wednesday, The Fly reports.

Other equities research analysts also recently issued reports about the company. Jefferies Financial Group raised Kimco Realty from a "hold" rating to a "buy" rating and increased their price target for the stock from $24.00 to $29.00 in a research report on Monday, January 10th. StockNews.com raised Kimco Realty from a "sell" rating to a "hold" rating in a research report on Tuesday, February 22nd. Citigroup increased their price target on Kimco Realty from $26.00 to $28.00 and gave the stock a "buy" rating in a research report on Thursday, December 2nd. Deutsche Bank Aktiengesellschaft downgraded Kimco Realty from a "buy" rating to a "hold" rating and increased their price target for the stock from $24.00 to $26.00 in a research report on Monday, January 3rd. Finally, Truist Financial raised their target price on Kimco Realty from $25.00 to $27.00 and gave the company a "buy" rating in a research report on Friday, December 10th. Six equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $26.07. Read more …

 

 


Procter & Gamble (NYSE:PG) was downgraded by equities research analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a report issued on Wednesday, The Fly reports.

Several other brokerages also recently weighed in on PG. StockNews.com raised Procter & Gamble from a "hold" rating to a "buy" rating in a research report on Wednesday. Truist Financial upgraded Procter & Gamble from a "hold" rating to a "buy" rating and raised their target price for the company from $165.00 to $175.00 in a research report on Tuesday, March 22nd. Zacks Investment Research cut Procter & Gamble from a "hold" rating to a "sell" rating and set a $163.00 target price on the stock. in a research report on Tuesday. Royal Bank of Canada raised their target price on Procter & Gamble from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report on Thursday, January 20th. Finally, The Goldman Sachs Group dropped their target price on Procter & Gamble from $179.00 to $173.00 in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $158.85. Read more …

 


HP (NYSE:HPQ) was downgraded by research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a note issued to investors on Thursday, Marketbeat Ratings reports. They presently have a $31.00 price objective on the computer maker’s stock, down from their prior price objective of $34.00. Morgan Stanley’s target price indicates a potential downside of 20.19% from the company’s previous close.

Several other analysts also recently commented on HPQ. Barclays increased their target price on shares of HP from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Tuesday, March 1st. JPMorgan Chase & Co. increased their target price on shares of HP from $38.00 to $40.00 in a research report on Thursday, January 20th. StockNews.com started coverage on shares of HP in a research report on Thursday. They set a “buy” rating for the company. Sanford C. Bernstein increased their target price on shares of HP from $32.00 to $40.00 in a research report on Tuesday, January 11th. Finally, Evercore ISI reiterated a “buy” rating and set a $42.00 target price on shares of HP in a research report on Friday, February 25th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, HP currently has an average rating of “Hold” and an average price target of $35.79. Read more …

 


Canadian Utilities (TSE:CU) was downgraded by TD Securities from a “buy” rating to a “hold” rating in a research note issued on Friday, BayStreet.CA reports. They currently have a C$39.00 price objective on the stock. TD Securities’ price objective would suggest a potential upside of 2.20% from the company’s current price.

Separately, National Bankshares decreased their price objective on shares of Canadian Utilities from C$37.00 to C$36.00 in a research report on Wednesday, January 26th. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Canadian Utilities currently has a consensus rating of “Hold” and an average price target of C$37.11.

Shares of TSE CU traded down C$0.16 during trading on Friday, hitting C$38.16. 177,970 shares of the company were exchanged, compared to its average volume of 643,627. The company has a market cap of C$10.28 billion and a price-to-earnings ratio of 31.54. Canadian Utilities has a 1 year low of C$33.76 and a 1 year high of C$38.51. The firm’s fifty day moving average price is C$36.17 and its 200 day moving average price is C$35.59. The company has a debt-to-equity ratio of 140.27, a current ratio of 1.22 and a quick ratio of 1.10. Read more …

 

 


Walgreens Boots Alliance (NASDAQ:WBA) was downgraded by Robert W. Baird from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday, The Fly reports. They presently have a $51.00 price objective on the pharmacy operator’s stock, down from their prior price objective of $70.00. Robert W. Baird’s price target indicates a potential upside of 13.92% from the company’s previous close.

WBA has been the topic of several other research reports. StockNews.com started coverage on Walgreens Boots Alliance in a research report on Thursday. They set a “buy” rating on the stock. Morgan Stanley downgraded Walgreens Boots Alliance from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $56.00 to $49.00 in a research note on Thursday, December 16th. Mizuho raised their price target on Walgreens Boots Alliance from $51.00 to $56.00 in a research note on Monday, January 10th. Zacks Investment Research upgraded Walgreens Boots Alliance from a “sell” rating to a “hold” rating and set a $56.00 price target on the stock in a research note on Tuesday, January 4th. Finally, TheStreet upgraded Walgreens Boots Alliance from a “c+” rating to a “b-” rating in a research note on Monday, January 3rd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $52.33. Read more …