Notable Analyst Upgrades and Downgrades for Week of June 21, 2021

 

Upgrades:

 

Eastman Chemical (NYSE:EMN) was upgraded by analysts at Scotiabank from a “sector perform” rating to a “sector outperform” rating in a research note issued to investors on Monday, The Fly reports. The firm presently has a $145.00 target price on the basic materials company’s stock. Scotiabank’s price objective indicates a potential upside of 27.03% from the stock’s current price.

Other analysts also recently issued research reports about the stock. KeyCorp lifted their price target on shares of Eastman Chemical from $126.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, May 3rd. The Goldman Sachs Group raised shares of Eastman Chemical from a “neutral” rating to a “buy” rating and set a $148.00 price objective for the company in a research note on Tuesday, May 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Eastman Chemical from $132.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, June 14th. Wolfe Research assumed coverage on Eastman Chemical in a research report on Wednesday, June 9th. They set an “outperform” rating on the stock. Finally, Tudor Pickering downgraded Eastman Chemical from a “buy” rating to a “hold” rating and set a $117.00 price target on the stock. in a research report on Monday, May 3rd. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $110.31. Read more …

 

Accenture (NYSE:ACN) was upgraded by stock analysts at Exane BNP Paribas from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

A number of other research firms have also issued reports on ACN. Barclays lifted their target price on Accenture from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Monday, March 22nd. BMO Capital Markets lifted their target price on Accenture from $292.00 to $302.00 and gave the company a “market perform” rating in a report on Friday, March 19th. They noted that the move was a valuation call. Susquehanna lifted their target price on Accenture from $290.00 to $325.00 and gave the company a “positive” rating in a report on Friday, March 19th. Societe Generale lifted their target price on Accenture from $313.00 to $329.00 and gave the company a “buy” rating in a report on Tuesday, June 15th. Finally, Royal Bank of Canada lifted their target price on Accenture from $278.00 to $301.00 in a report on Friday, March 19th. Six analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Accenture presently has a consensus rating of “Buy” and a consensus target price of $288.52. Read more …

 

Welltower (NYSE:WELL) was upgraded by analysts at Scotiabank from a “sector underperform” rating to a “sector perform” rating in a report released on Wednesday, Analyst Price Targets reports. The brokerage currently has a $83.00 price target on the real estate investment trust’s stock, up from their prior price target of $68.00. Scotiabank’s price objective points to a potential upside of 0.95% from the company’s previous close.

A number of other brokerages also recently commented on WELL. Morgan Stanley raised their price objective on Welltower from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 7th. Deutsche Bank Aktiengesellschaft raised their target price on Welltower from $76.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, June 3rd. Evercore ISI upgraded Welltower from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $77.00 to $86.00 in a research report on Monday, June 14th. Mizuho raised their target price on Welltower from $60.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 28th. Finally, Raymond James upgraded Welltower from a “market perform” rating to a “strong-buy” rating and set a $92.00 target price for the company in a research report on Tuesday, June 15th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $73.59. Read more …

 

 

Magna International (NYSE:MGA) (TSE:MG) was upgraded by investment analysts at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a research note issued on Wednesday, The Fly reports.

Several other analysts also recently issued reports on MGA. Morgan Stanley raised Magna International from an "underweight" rating to an "equal weight" rating and lifted their price target for the company from $61.00 to $96.00 in a research note on Wednesday, April 14th. BMO Capital Markets lifted their price target on Magna International from $108.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, May 31st. Wells Fargo & Company initiated coverage on Magna International in a research note on Wednesday, March 31st. They issued an "equal weight" rating and a $96.00 price target on the stock. Zacks Investment Research downgraded Magna International from a "strong-buy" rating to a "hold" rating and set a $100.00 price target on the stock. in a research note on Friday, April 23rd. Finally, Barclays raised Magna International from an "equal weight" rating to an "overweight" rating in a research note on Thursday, April 15th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of "Buy" and a consensus target price of $89.47. Read more …

Notable Analyst Upgrades and Downgrades for Week of October 30, 2017

Upgrades:

Intel Corporation (NASDAQ:INTC) was upgraded by stock analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday. Other equities analysts have also recently issued reports about the company. Canaccord Genuity restated a “buy” rating and set a $38.00 price objective on shares of Intel Corporation in a research note on Wednesday, July 12th. Hilliard Lyons initiated coverage on Intel Corporation in a research note on Wednesday, July 12th. They set a “buy” rating and a $41.00 price objective on the stock. Needham & Company LLC restated a “buy” rating and set a $43.00 price objective on shares of Intel Corporation in a research note on Wednesday, July 12th. Read more …

Merck & Company, Inc. (NYSE:MRK) was upgraded by equities researchers at Citigroup Inc. to a “buy” rating in a report released on Monday. A number of other research firms have also recently weighed in on MRK. Zacks Investment Research cut Merck & from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. BMO Capital Markets reaffirmed a “buy” rating and set a $72.00 price target on shares of Merck & in a report on Friday, September 8th. UBS AG raised their price target on Merck & from $70.00 to $72.00 and gave the company a “buy” rating in a report on Monday, July 31st. Piper Jaffray Companies set a $70.00 price target on Merck & and gave the company a “buy” rating in a report on Saturday, July 29th. Finally, BidaskClub raised Merck & from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $69.21. Read more …

Goldman Sachs Group, Inc. (The) upgraded shares of ABB Ltd (NYSE:ABB) from a neutral rating to a conviction-buy rating in a research note issued to investors on Tuesday morning. A number of other research analysts have also recently commented on ABB. BidaskClub cut shares of ABB from a buy rating to a hold rating in a research report on Tuesday, August 1st. Robert W. Baird reaffirmed a buy rating and issued a $29.00 target price on shares of ABB in a research report on Wednesday, October 4th. Zacks Investment Research cut shares of ABB from a hold rating to a sell rating in a research report on Tuesday, September 19th. UBS AG reaffirmed a sell rating on shares of ABB in a research report on Monday, July 24th. Read more …

Kimberly-Clark Corporation (NYSE:KMB) was upgraded by research analysts at Societe Generale from a “hold” rating to a “buy” rating in a report released on Thursday, Marketbeat Ratings reports. The brokerage currently has a $144.00 price objective on the stock, up from their prior price objective of $112.05. Societe Generale’s price objective suggests a potential upside of 27.99% from the stock’s previous close. A number of other analysts have also weighed in on the company. J P Morgan Chase & Co lowered Kimberly-Clark Corporation from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $115.55 to $100.00 in a report on Friday, October 20th. Macquarie initiated coverage on Kimberly-Clark Corporation in a report on Friday, September 15th. Read more …

Downgrades:

General Motors Company (NYSE:GM) (TSE:GMM.U) was downgraded by analysts at Goldman Sachs Group, Inc. (The) from a “neutral” rating to a “sell” rating in a research report issued on Monday. They presently have a $32.00 price target on the auto manufacturer’s stock, down from their previous price target of $43.16. Goldman Sachs Group, Inc. (The)’s target price would indicate a potential downside of 25.55% from the stock’s current price. A number of other equities analysts have also issued reports on the stock. Deutsche Bank AG boosted their target price on shares of General Motors from $51.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. BMO Capital Markets raised shares of General Motors to a “market perform” rating and boosted their target price for the stock from $41.00 to $48.00 in a research report on Wednesday, October 25th. Read more …

Merck & Company, Inc. (NYSE:MRK) was downgraded by Morgan Stanley from an “overweight” rating to an “equal weight” rating in a note issued to investors on Monday, Marketbeat reports. They currently have a $56.00 target price on the stock. Morgan Stanley’s target price points to a potential downside of 3.85% from the company’s current price. Other equities research analysts also recently issued reports about the company. BMO Capital Markets restated an “outperform” rating and issued a $73.00 price target (down from $74.00) on shares of Merck & in a report on Monday, July 24th. Read more …

Statoil ASA (NYSE:STO) was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating in a report issued on Monday. Several other brokerages have also recently commented on STO. BNP Paribas upgraded shares of Statoil ASA from an “underperform” rating to a “neutral” rating in a research report on Tuesday, September 26th. Tudor Pickering cut shares of Statoil ASA from a “buy” rating to a “hold” rating in a research report on Tuesday, September 5th. Deutsche Bank AG upgraded shares of Statoil ASA from a “sell” rating to a “hold” rating in a research report on Monday, September 4th. Scotiabank set a $17.00 target price on shares of Statoil ASA and gave the company a “hold” rating in a research report on Friday, August 25th. Read more …

Nokia Corporation (NYSE:NOK) was downgraded by equities research analysts at Argus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday. NOK has been the subject of several other reports. Zacks Investment Research lowered Nokia Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Vetr raised Nokia Corporation from a “buy” rating to a “strong-buy” rating and set a $7.28 target price for the company in a research report on Friday, July 14th. Read more …

Bank of America Corporation downgraded shares of Under Armour Inc (NYSE:UAA) from a neutral rating to an underperform rating in a report issued on Monday. They currently have $12.00 price target on the stock, down from their prior price target of $21.00. Several other research firms also recently weighed in on UAA. Zacks Investment Research upgraded Under Armour from a hold rating to a buy rating and set a $24.00 target price on the stock in a research report on Tuesday, July 4th. Vetr upgraded Under Armour from a hold rating to a buy rating and set a $22.36 price objective on the stock in a research report on Monday, July 3rd. Susquehanna Bancshares Inc lifted their price objective on Under Armour from $14.00 to $17.00 in a research report on Friday, July 7th. Read more …

Under Armour Inc (NYSE:UAA) was downgraded by equities researchers at J P Morgan Chase & Co from a “neutral” rating to an “underweight” rating in a report released on Tuesday. Read more …

Argus downgraded shares of Amgen Inc. (NASDAQ:AMGN) from a buy rating to a hold rating in a research report report published on Wednesday. The brokerage currently has $195.00 price objective on the medical research company’s stock, up from their prior price objective of $175.22. “We would consider a more constructive stance on AMGN on signs of stronger contributions from the company’s new drug pipeline or from its biosimilars portfolio,” the firm said.”We note, however, that Amgen may not generate commercial revenue from biosimilars until 2019 due to regulatory and legal hurdles.,” Argus’ analyst wrote. Read more …

Teva Pharmaceutical Industries Limited (NYSE:TEVA) was downgraded by research analysts at Wells Fargo & Company to a “market perform” rating in a research note issued to investors on Thursday, The Fly reports. They presently have a $11.36 target price on the stock, down from their previous target price of $17.00. Wells Fargo & Company’s price objective suggests a potential downside of 17.68% from the stock’s current price. A number of other research firms have also issued reports on TEVA. TheStreet lowered shares of Teva Pharmaceutical Industries Limited from a “c-” rating to a “d+” rating in a research note on Friday, August 25th. Read more …

Teva Pharmaceutical Industries Limited (NYSE:TEVA) was downgraded by equities researchers at Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note issued to investors on Friday. Read more …

Royal Dutch Shell PLC (NYSE:RDS.B) was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating in a research note issued on Friday, The Fly reports. Read more …

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Analysis Collection

Notable Analyst Upgrades and Downgrades for Week of February 6, 2017

Upgrades:

Credit Suisse Group upgraded Sysco Corporation (SYY) from a neutral rating to an outperform rating in a research note published on Monday. The brokerage currently has $55.00 target price on the stock. Continue reading here.

Sysco Corporation (SYY) was upgraded by analysts at J P Morgan Chase & Co from a neutral rating to an overweight rating in a research report issued to clients and investors on Tuesday. The firm currently has a $57.00 target price on the stock. J P Morgan Chase & Co’s target price would suggest a potential upside of 9.97% from the stock’s previous close. Continue reading here.

Caterpillar (CAT) received an upgrade by Barclays PLC from Equal Weight to Overweight. The current consensus rating on Caterpillar (CAT) is Hold (Score: 2.30) with a consensus target price of $85.12 per share. Continue reading here.

Walt Disney Company (The) (DIS) was upgraded by Goldman Sachs Group, Inc. to a buy rating in a research note issued to investors on Tuesday. The brokerage presently has a $134.00 price objective on the entertainment giant’s stock. Goldman Sachs Group, Inc.’s price target suggests a potential upside of 22.94% from the stock’s previous close. Continue reading here.

Morgan Stanley upgraded shares of Walt Disney Company (The) (DIS) from an equal weight rating to an overweight rating in a report released on Wednesday morning. Continue reading here.

Morgan Stanley upgraded shares of Nokia Corporation (NOK) from an equal weight rating to an overweight rating in a research note published on Tuesday. They currently have $4.87 price target on the technology company’s stock, up from their previous price target of $4.75. Continue reading here.

Credit Suisse Group upgraded shares of National Oilwell Varco, Inc. (NOV) from an underperform rating to a neutral rating in a research note issued to investors on Wednesday. They currently have $40.00 price objective on the oil and gas exploration company’s stock. Continue reading here.

Downgrades:

International Paper Company (IP) was downgraded by research analysts at Barclays PLC from an “equal weight” rating to an “underweight” rating in a research note issued on Monday. They presently have a $45.00 price target on the stock, down from their previous price target of $50.00. Barclays PLC’s price target would suggest a potential downside of 13.68% from the company’s previous close. Continue reading here.

Daimler AG (NASDAQ:DDAIF) was downgraded by investment analysts at Citigroup Inc. from a buy rating to a neutral rating in a note issued to investors on Wednesday. Continue reading here.

Gilead Sciences (GILD) was Downgraded by Citigroup to  Neutral. Earlier the firm had a rating of Buy on the company shares. Citigroup advised their Clients and Investors in a research report released on Feb 8, 2017. Continue reading here.

Mondelez International, Inc. (MDLZ) was downgraded by research analysts at Citigroup Inc. from a “positive” rating to a “neutral” rating in a report issued on Wednesday. Continue reading here.