Notable Analyst Upgrades and Downgrades for Week of June 28, 2021

 

Upgrades:

 

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was upgraded by stock analysts at Credit Suisse Group to an "outperform" rating in a report released on Monday, The Fly reports.

Several other analysts have also recently commented on BEP. TD Securities reduced their price target on Brookfield Renewable Partners from $47.00 to $44.00 and set a "hold" rating for the company in a report on Wednesday, May 5th. Raymond James reduced their price objective on Brookfield Renewable Partners from $44.00 to $41.00 and set a "market perform" rating for the company in a report on Wednesday, May 5th. JPMorgan Chase & Co. started coverage on Brookfield Renewable Partners in a report on Wednesday, March 31st. They set a "neutral" rating for the company. Wells Fargo & Company raised Brookfield Renewable Partners from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $42.00 to $48.00 in a report on Monday, April 26th. Finally, Zacks Investment Research cut Brookfield Renewable Partners from a "hold" rating to a "strong sell" rating in a report on Wednesday, June 2nd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company's stock. Brookfield Renewable Partners presently has an average rating of "Hold" and an average target price of $40.39. Read more …

 

International Paper (NYSE:IP) was upgraded by equities researchers at Stephens from an “equal weight” rating to an “overweight” rating in a note issued to investors on Monday, PriceTargets.com reports. The firm currently has a $80.00 price objective on the basic materials company’s stock, up from their prior price objective of $58.00. Stephens’ target price points to a potential upside of 31.84% from the company’s previous close.

IP has been the topic of a number of other research reports. Argus upgraded shares of International Paper from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research report on Friday, June 11th. Wells Fargo & Company raised their price target on International Paper from $66.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, June 7th. Morgan Stanley upped their price objective on shares of International Paper from $48.00 to $52.00 and gave the company an “underweight” rating in a research note on Thursday, May 6th. Jefferies Financial Group raised their target price on shares of International Paper from $78.00 to $96.00 and gave the stock a “buy” rating in a research report on Friday, June 4th. Finally, Zacks Investment Research upgraded International Paper from a “hold” rating to a “strong-buy” rating and set a $71.00 price objective for the company in a report on Tuesday, May 11th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $63.83. Read more …

 

Federal Realty Investment Trust (NYSE:FRT) was upgraded by research analysts at Scotiabank from a "sector perform" rating to a "sector outperform" rating in a report issued on Monday, The Fly reports. The brokerage currently has a $131.00 price target on the real estate investment trust's stock. Scotiabank's price target points to a potential upside of 9.83% from the stock's previous close.

Other equities analysts have also recently issued research reports about the company. Mizuho raised Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and upped their price target for the company from $102.00 to $129.00 in a report on Thursday, June 3rd. TheStreet cut Federal Realty Investment Trust from a "b-" rating to a "c" rating in a report on Wednesday, May 5th. Piper Sandler raised Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $95.00 to $125.00 in a report on Thursday, May 6th. JPMorgan Chase & Co. raised Federal Realty Investment Trust from an "underweight" rating to a "neutral" rating and increased their target price for the stock from $113.00 to $115.00 in a report on Thursday, May 20th. Finally, Truist increased their target price on Federal Realty Investment Trust from $88.00 to $96.00 in a report on Monday, March 22nd. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Federal Realty Investment Trust currently has a consensus rating of "Hold" and a consensus target price of $100.53. Read more …

 

 

Keurig Dr Pepper (NASDAQ:KDP) was upgraded by equities research analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a report released on Tuesday, The Fly reports. The firm presently has a $42.00 price target on the stock, up from their prior price target of $36.00. Wells Fargo & Company‘s price objective would suggest a potential upside of 20.41% from the company’s current price.

Several other research analysts have also recently commented on KDP. Evercore ISI reissued a “hold” rating on shares of Keurig Dr Pepper in a research note on Monday, May 3rd. Credit Suisse Group upped their price objective on Keurig Dr Pepper from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Friday, April 30th. Deutsche Bank Aktiengesellschaft upped their price objective on Keurig Dr Pepper from $32.00 to $33.00 and gave the stock a “hold” rating in a research report on Wednesday, April 21st. JPMorgan Chase & Co. raised Keurig Dr Pepper from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $33.00 to $39.00 in a research report on Friday, March 19th. Finally, Morgan Stanley upped their price objective on Keurig Dr Pepper from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Friday, April 30th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $36.88. Read more …

Notable Analyst Upgrades and Downgrades for Week of June 14, 2021

 

Upgrades:

 

Welltower (NYSE:WELL) was upgraded by equities researchers at Evercore ISI from an “in-line” rating to an “outperform” rating in a research note issued on Monday, The Fly reports. The brokerage currently has a $86.00 target price on the real estate investment trust’s stock, up from their previous target price of $77.00. Evercore ISI’s target price suggests a potential upside of 7.93% from the stock’s current price.

Several other brokerages also recently commented on WELL. KeyCorp increased their price objective on shares of Welltower from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, April 15th. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $70.00 to $82.00 in a research report on Monday, May 3rd. Bank of America upgraded shares of Welltower from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $73.00 to $78.00 in a report on Tuesday, March 30th. Mizuho increased their target price on Welltower from $60.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, April 28th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Welltower from $76.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, June 3rd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $68.76. Read more …

 

W. P. Carey (NYSE:WPC) was upgraded by equities researchers at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a report issued on Tuesday, The Fly reports. The brokerage currently has a $88.00 price target on the real estate investment trust's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 13.20% from the stock's current price.

Other research analysts have also issued reports about the stock. Evercore ISI raised shares of W. P. Carey from an "in-line" rating to an "outperform" rating and raised their price target for the company from $77.00 to $80.00 in a research report on Monday, May 3rd. Bank of America reaffirmed an "underperform" rating on shares of W. P. Carey in a research report on Tuesday, April 13th. Finally, Zacks Investment Research raised shares of W. P. Carey from a "sell" rating to a "hold" rating in a research report on Tuesday, April 13th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. W. P. Carey presently has a consensus rating of "Hold" and a consensus target price of $81.00. Read more …

 

Nestlé (OTCMKTS:NSRGY) was upgraded by investment analysts at Exane BNP Paribas from an "underperform" rating to a "neutral" rating in a report issued on Tuesday, The Fly reports.

Several other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Nestlé in a research note on Tuesday, June 1st. Morgan Stanley reaffirmed an "overweight" rating on shares of Nestlé in a research note on Friday, April 23rd. Barclays reaffirmed an "overweight" rating on shares of Nestlé in a research note on Friday, April 23rd. Societe Generale reaffirmed a "buy" rating on shares of Nestlé in a research note on Wednesday, April 28th. Finally, Royal Bank of Canada reissued a "sector perform" rating on shares of Nestlé in a research note on Friday, April 23rd. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of "Buy" and a consensus price target of $127.00.

Shares of NSRGY opened at $126.72 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 0.86 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $364.96 billion, a P/E ratio of 28.22, a price-to-earnings-growth ratio of 3.53 and a beta of 0.37. The firm's 50 day moving average price is $120.91. Nestlé has a 1 year low of $104.50 and a 1 year high of $127.45. Read more …

 

 

AT&T (NYSE:T) was upgraded by equities research analysts at Scotiabank from a “sector underperform” rating to a “sector perform” rating in a note issued to investors on Wednesday, Briefing.com reports. The brokerage presently has a $31.00 price objective on the technology company’s stock, up from their previous price objective of $28.00. Scotiabank’s target price would suggest a potential upside of 6.53% from the company’s current price.

A number of other brokerages have also recently issued reports on T. Morgan Stanley cut their price objective on shares of AT&T from $34.00 to $32.00 and set an “equal weight” rating for the company in a research note on Monday, May 24th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of AT&T from $31.00 to $34.00 in a research note on Wednesday, April 28th. UBS Group raised shares of AT&T from a “neutral” rating to a “buy” rating and upped their price objective for the company from $32.00 to $35.00 in a research note on Friday, May 21st. New Street Research upgraded shares of AT&T from a “neutral” rating to a “buy” rating and set a $35.00 price target for the company in a report on Friday, May 21st. Finally, Oppenheimer reiterated a “hold” rating on shares of AT&T in a report on Monday, April 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. AT&T has an average rating of “Hold” and an average price target of $31.81. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of September 17, 2018

Upgrades:

Broadcom (NASDAQ:AVGO) was upgraded by investment analysts at Nomura from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, Marketbeat Ratings reports. The firm currently has a $300.00 price target on the semiconductor manufacturer’s stock, up from their prior price target of $225.00. Nomura’s target price suggests a potential upside of 25.14% from the company’s previous close. Other research analysts have also issued reports about the company. Longbow Research lowered Broadcom from a “buy” rating to a “neutral” rating in a report on Thursday, July 12th. BidaskClub lowered Broadcom from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 28th. B. Riley lowered Broadcom from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $308.00 to $245.00 in a report on Thursday, July 12th. BMO Capital Markets lowered Broadcom from an “outperform” rating to a “market perform” rating and set a $230.00 target price on the stock. in a report on Friday, July 13th. Finally, Goldman Sachs Group cut Broadcom from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $300.00 to $220.00 in a research note on Wednesday, July 18th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty-nine have assigned a buy rating to the company. Broadcom currently has an average rating of “Buy” and a consensus price target of $290.71. Read more …

Goldman Sachs Group upgraded shares of Mastercard (NYSE:MA) from a buy rating to a conviction-buy rating in a research report report published on Monday, The Fly reports. Other equities research analysts also recently issued reports about the company. Bank of America increased their price target on Mastercard from $210.00 to $230.00 and gave the stock a buy rating in a research report on Tuesday, July 17th. Cowen reaffirmed a buy rating and set a $207.00 price target on shares of Mastercard in a research report on Friday, July 20th. Buckingham Research increased their price target on Mastercard from $194.00 to $222.00 and gave the stock a buy rating in a research report on Tuesday, June 26th. Wells Fargo & Co reaffirmed a buy rating on shares of Mastercard in a research report on Wednesday, May 30th. Finally, Loop Capital increased their price target on Mastercard to $232.00 and gave the stock a buy rating in a research report on Friday, July 27th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $208.56. Read more …

Edward Jones upgraded shares of Wells Fargo & Co (NYSE:WFC) from a hold rating to a buy rating in a research note issued to investors on Monday morning, MarketBeat.com reports. Several other research analysts also recently weighed in on the company. Macquarie downgraded Wells Fargo & Co from an outperform rating to a neutral rating in a research note on Friday, September 7th. They noted that the move was a valuation call. Morgan Stanley reduced their target price on Wells Fargo & Co from $62.00 to $61.00 and set an equal weight rating for the company in a research note on Monday, July 16th. Susquehanna Bancshares set a $63.00 target price on Wells Fargo & Co and gave the stock a hold rating in a research note on Friday, July 13th. Zacks Investment Research downgraded Wells Fargo & Co from a buy rating to a hold rating in a research note on Monday, July 30th. Finally, Keefe, Bruyette & Woods raised Wells Fargo & Co from a market perform rating to an outperform rating and upped their target price for the stock from $57.00 to $63.00 in a research note on Sunday, July 15th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and fifteen have issued a buy rating to the company. Wells Fargo & Co currently has a consensus rating of Hold and an average price target of $63.28. Read more …

Raymond James upgraded shares of Bed Bath & Beyond (NASDAQ:BBBY) from an underperform rating to a market perform rating in a report issued on Monday morning, MarketBeat.com reports. BBBY has been the topic of several other research reports. Zacks Investment Research raised Bed Bath & Beyond from a strong sell rating to a hold rating in a research note on Tuesday, June 12th. Wells Fargo & Co reaffirmed a sell rating and issued a $16.00 price target on shares of Bed Bath & Beyond in a research note on Wednesday, June 27th. BidaskClub raised Bed Bath & Beyond from a buy rating to a strong-buy rating in a research note on Thursday, June 28th. Wedbush set a $18.00 price target on Bed Bath & Beyond and gave the company a hold rating in a research note on Thursday, September 13th. Finally, Credit Suisse Group set a $20.00 price target on Bed Bath & Beyond and gave the company a hold rating in a research note on Friday, June 29th. Eight investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a strong buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $20.00. Read more …

Robert W. Baird upgraded shares of Caterpillar (NYSE:CAT) from a neutral rating to an outperform rating in a research report released on Thursday, Marketbeat.com reports. Robert W. Baird currently has $158.00 target price on the industrial products company’s stock. Several other equities analysts also recently weighed in on the company. ValuEngine downgraded Caterpillar from a buy rating to a hold rating in a research note on Friday, June 1st. Tigress Financial reaffirmed a buy rating on shares of Caterpillar in a research note on Friday, August 17th. Goldman Sachs Group downgraded Caterpillar from a conviction-buy rating to a buy rating in a research note on Monday, July 16th. UBS Group set a $185.00 price objective on Caterpillar and gave the company a buy rating in a research note on Wednesday, September 5th. Finally, Deutsche Bank set a $177.00 price target on Caterpillar and gave the stock a buy rating in a research report on Wednesday, September 5th. Twelve investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $172.35. Read more…