Notable Analyst Upgrades and Downgrades for Week of January 10 2022 (Part 2)

 

Upgrades:

 

Thomson Reuters (TSE:TRI) (NYSE:TRI) was upgraded by equities research analysts at National Bank Financial from a "sector perform underweight" rating to an "outperfrom underweight" rating in a research report issued to clients and investors on Tuesday.

A number of other equities research analysts also recently issued reports on the stock. TD Securities upped their price objective on shares of Thomson Reuters from C$160.00 to C$165.00 and gave the stock a "buy" rating in a research report on Wednesday, November 3rd. Royal Bank of Canada upped their price objective on shares of Thomson Reuters from C$122.00 to C$123.00 and gave the stock a "sector perform" rating in a research report on Wednesday, November 3rd. National Bankshares raised shares of Thomson Reuters from a "sector perform" rating to a "buy" rating and set a C$162.00 price objective for the company in a research report on Tuesday. Finally, BNP Paribas raised shares of Thomson Reuters to a "hold" rating in a research report on Wednesday, November 3rd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$147.67. Read more …

 

Wells Fargo & Company (NYSE:WFC) was upgraded by investment analysts at Piper Sandler to an "overweight" rating in a report issued on Wednesday, Stock Target Advisor reports. The brokerage currently has a $64.00 target price on the financial services provider's stock, up from their previous target price of $50.00. Piper Sandler's price target points to a potential upside of 14.16% from the stock's current price.

A number of other analysts also recently issued reports on the company. Jefferies Financial Group raised their target price on Wells Fargo & Company from $51.00 to $57.00 and gave the stock a "buy" rating in a research note on Monday, October 11th. Morgan Stanley raised Wells Fargo & Company from an "equal weight" rating to an "overweight" rating and set a $61.00 target price for the company in a research note on Monday, December 6th. UBS Group assumed coverage on Wells Fargo & Company in a research note on Friday, December 10th. They issued a "buy" rating and a $65.00 target price for the company. TheStreet raised Wells Fargo & Company from a "c+" rating to a "b-" rating in a research note on Thursday, October 14th. Finally, Raymond James raised their target price on Wells Fargo & Company from $55.00 to $58.00 and gave the stock an "outperform" rating in a research note on Thursday, December 9th. Three investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Wells Fargo & Company has an average rating of "Buy" and a consensus target price of $52.24. Read more …

 

DTE Energy (NYSE:DTE) was upgraded by investment analysts at Edward Jones from a "hold" rating to a "buy" rating in a research note issued on Thursday, Price Targets.com reports.

Several other research analysts have also commented on DTE. Evercore ISI upgraded DTE Energy from an "in-line" rating to an "outperform" rating and set a $127.00 price target for the company in a research report on Friday, September 17th. Mizuho dropped their price target on DTE Energy from $126.00 to $124.00 and set a "buy" rating for the company in a research report on Monday, November 22nd. Morgan Stanley upgraded DTE Energy from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $127.00 to $133.00 in a research report on Thursday, January 6th. Wells Fargo & Company upgraded DTE Energy from an "equal weight" rating to an "overweight" rating and dropped their price target for the stock from $124.00 to $123.00 in a research report on Wednesday, December 1st. Finally, JPMorgan Chase & Co. lowered DTE Energy from an "overweight" rating to a "neutral" rating and set a $126.00 price target for the company. in a research report on Friday, January 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, DTE Energy has an average rating of "Buy" and a consensus target price of $128.30. Read more …

 

 

Halliburton (NYSE:HAL) was upgraded by JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research note issued to investors on Thursday, The Fly reports. The brokerage presently has a $32.00 price objective on the oilfield services company's stock, up from their prior price objective of $30.00. JPMorgan Chase & Co.'s price target suggests a potential upside of 16.62% from the company's current price.

Several other equities research analysts have also weighed in on HAL. Morgan Stanley raised Halliburton from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $28.00 to $30.00 in a research report on Tuesday, January 4th. Citigroup raised their price target on Halliburton from $28.00 to $30.00 and gave the company a "buy" rating in a report on Wednesday, October 20th. COKER & PALMER raised Halliburton from a "sector perform" rating to an "outperform" rating and set a $24.00 price target on the stock in a report on Tuesday, October 12th. Argus raised Halliburton from a "hold" rating to a "buy" rating and set a $32.00 price target on the stock in a report on Wednesday, October 20th. Finally, Wells Fargo & Company raised their target price on Halliburton from $21.00 to $22.00 and gave the company an "equal weight" rating in a research note on Friday, October 1st. Six equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Halliburton has a consensus rating of "Buy" and a consensus target price of $26.09. Read more …

Dividend Increases Week 48, 2021

 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 27 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

 

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

 

Notable Analyst Upgrades and Downgrades for Week of November 8 2021

 

Upgrades:

 

The J. M. Smucker (NYSE:SJM) was upgraded by investment analysts at Guggenheim from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

SJM has been the topic of several other research reports. Zacks Investment Research lowered shares of The J. M. Smucker from a "buy" rating to a "hold" rating and set a $137.00 target price on the stock. in a report on Tuesday, July 27th. Morgan Stanley lowered their price objective on The J. M. Smucker from $126.00 to $117.00 and set an "underweight" rating for the company in a research report on Friday, August 27th. Jefferies Financial Group assumed coverage on shares of The J. M. Smucker in a research note on Thursday, August 26th. They issued a "hold" rating and a $140.00 target price on the stock. Credit Suisse Group cut their price target on shares of The J. M. Smucker from $130.00 to $125.00 and set a "neutral" rating on the stock in a report on Friday, August 27th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of The J. M. Smucker from $140.00 to $132.00 and set a "hold" rating for the company in a report on Friday, August 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, The J. M. Smucker presently has a consensus rating of "Hold" and an average price target of $129.33. Read more …

 

Algonquin Power & Utilities (TSE:AQN) was upgraded by analysts at BMO Capital Markets to a “buy” rating in a report issued on Wednesday, TipRanks reports. The firm presently has a C$17.00 price objective on the stock. BMO Capital Markets’ target price indicates a potential downside of 5.24% from the company’s previous close.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. lifted their price target on Algonquin Power & Utilities from C$20.00 to C$21.00 and gave the stock a “strong-buy” rating in a report on Monday, August 23rd. CSFB set a C$16.00 price target on Algonquin Power & Utilities and gave the stock a “neutral” rating in a report on Wednesday, October 27th. CIBC boosted their target price on Algonquin Power & Utilities to C$22.00 and gave the company an “outperform” rating in a report on Monday, August 16th. Royal Bank of Canada reissued an “outperform” rating and issued a C$18.00 target price on shares of Algonquin Power & Utilities in a report on Monday, August 16th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a C$16.00 target price on shares of Algonquin Power & Utilities in a report on Wednesday, October 27th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$18.19. Read more …

 

Bank of Montreal (TSE:BMO) (NYSE:BMO) was upgraded by research analysts at Desjardins to a “buy” rating in a research note issued to investors on Wednesday, TipRanks reports. The firm currently has a C$145.00 target price on the bank’s stock. Desjardins’ target price would suggest a potential upside of 4.17% from the company’s current price. Desjardins also issued estimates for Bank of Montreal’s Q4 2021 earnings at $3.10 EPS, FY2021 earnings at $12.72 EPS, FY2021 earnings at $12.72 EPS and FY2023 earnings at $13.10 EPS.

Other equities analysts have also issued reports about the stock. National Bankshares increased their price objective on shares of Bank of Montreal from C$139.00 to C$149.00 and gave the company an “outperform” rating in a report on Wednesday, August 25th. Barclays upgraded shares of Bank of Montreal from an “underperform” rating to an “equal weight” rating and set a C$83.00 price objective on the stock in a report on Tuesday, September 7th. National Bank Financial increased their price objective on shares of Bank of Montreal to C$149.00 and gave the company an “outperform” rating in a report on Wednesday, August 25th. CSFB increased their price objective on shares of Bank of Montreal from C$144.00 to C$147.00 in a report on Wednesday, September 1st. Finally, Cormark upped their target price on shares of Bank of Montreal from C$138.00 to C$144.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 25th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$138.66. Read more …

 

 

Costco Wholesale (NASDAQ:COST) was upgraded by investment analysts at Gordon Haskett from an “accumulate” rating to a “buy” rating in a note issued to investors on Thursday, PriceTargets.com reports. The firm currently has a $575.00 price objective on the retailer’s stock, up from their prior price objective of $525.00. Gordon Haskett’s target price points to a potential upside of 12.85% from the stock’s previous close.

A number of other research firms have also recently weighed in on COST. Evercore ISI raised their price objective on Costco Wholesale from $480.00 to $525.00 and gave the stock an “outperform” rating in a research report on Thursday, November 4th. Oppenheimer raised their target price on Costco Wholesale from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Thursday, November 4th. They noted that the move was a valuation call. Tigress Financial restated a “buy” rating and issued a $520.00 target price on shares of Costco Wholesale in a research note on Wednesday, September 29th. Jefferies Financial Group raised their target price on Costco Wholesale from $525.00 to $580.00 and gave the stock a “buy” rating in a research note on Thursday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Costco Wholesale from $468.00 to $472.00 and gave the stock a “hold” rating in a research note on Thursday, November 4th. Six research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to MarketBeat.com, Costco Wholesale has an average rating of “Buy” and an average price target of $496.23. Read more …

Notable Analyst Upgrades and Downgrades for Week of October 4, 2021

 

Upgrades:

 

DuPont de Nemours (NYSE:DD) was upgraded by investment analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a report released on Monday, PriceTargets.com reports. The firm currently has a $85.00 price target on the basic materials company's stock, up from their previous price target of $84.00. JPMorgan Chase & Co.'s price objective suggests a potential upside of 22.96% from the stock's current price. The analysts noted that the move was a valuation call.

Several other research firms have also issued reports on DD. Citigroup increased their price target on shares of DuPont de Nemours from $96.00 to $102.00 and gave the stock a "buy" rating in a research report on Wednesday, August 4th. Wells Fargo & Company increased their price target on shares of DuPont de Nemours from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 13th. Zacks Investment Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating and set a $83.00 price target on the stock. in a research report on Thursday, July 15th. KeyCorp reiterated a "buy" rating and set a $93.00 price target on shares of DuPont de Nemours in a research report on Thursday, September 16th. Finally, TheStreet upgraded shares of DuPont de Nemours from a "d+" rating to a "c" rating in a research report on Tuesday, August 3rd. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $88.59. Read more …

 

Union Pacific (NYSE:UNP) was upgraded by investment analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, The Fly reports. The brokerage presently has a $260.00 price target on the railroad operator’s stock, up from their prior price target of $240.00. Barclays‘s price target indicates a potential upside of 28.88% from the company’s current price.

UNP has been the subject of a number of other reports. Evercore ISI restated a “buy” rating and issued a $228.00 target price on shares of Union Pacific in a research note on Friday, September 24th. Deutsche Bank Aktiengesellschaft lowered their price target on Union Pacific from $256.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, September 17th. Wells Fargo & Company upped their price target on Union Pacific from $226.00 to $231.00 and gave the company an “equal weight” rating in a research report on Friday, July 9th. Royal Bank of Canada upped their price target on Union Pacific from $259.00 to $261.00 and gave the company an “outperform” rating in a research report on Friday, July 23rd. Finally, Atlantic Securities assumed coverage on Union Pacific in a research report on Monday, July 12th. They issued an “overweight” rating and a $263.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Buy” and an average target price of $243.82. Read more …

 

Freeport-McMoRan (NYSE:FCX) was upgraded by equities researchers at BNP Paribas from a "neutral" rating to an "outperform" rating in a report released on Wednesday, FinViz reports. The brokerage presently has a $39.50 price objective on the natural resource company's stock. BNP Paribas' price objective points to a potential upside of 22.67% from the stock's previous close.

Several other brokerages have also recently weighed in on FCX. Royal Bank of Canada lifted their price objective on shares of Freeport-McMoRan from $39.00 to $42.00 and gave the stock a "sector perform" rating in a research note on Friday, July 23rd. Bank of America assumed coverage on Freeport-McMoRan in a report on Wednesday, September 29th. They set a "buy" rating on the stock. Credit Suisse Group downgraded Freeport-McMoRan from a "neutral" rating to an "underperform" rating and set a $29.00 target price on the stock. in a research report on Friday, September 10th. Zacks Investment Research downgraded Freeport-McMoRan from a "hold" rating to a "sell" rating and set a $37.00 price target for the company. in a research note on Thursday, August 26th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Freeport-McMoRan from $47.00 to $46.00 and set a "buy" rating on the stock in a research note on Thursday, September 16th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $38.37. Read more …

 

 

Phillips 66 (NYSE:PSX) was upgraded by Piper Sandler from a “neutral” rating to an “overweight” rating in a note issued to investors on Wednesday, FinViz reports. The brokerage presently has a $87.00 price target on the oil and gas company’s stock, up from their previous price target of $85.00. Piper Sandler’s price objective indicates a potential upside of 12.48% from the stock’s current price.

PSX has been the topic of several other research reports. decreased their price target on Phillips 66 from $126.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, July 9th. Morgan Stanley started coverage on Phillips 66 in a research report on Tuesday, September 7th. They set an “equal weight” rating and a $80.00 target price on the stock. cut their price objective on Phillips 66 from $126.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, July 9th. Wells Fargo & Company lifted their price target on shares of Phillips 66 from $96.00 to $97.00 and gave the company an “overweight” rating in a report on Thursday, June 24th. Finally, Citigroup cut shares of Phillips 66 from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $95.00 to $75.00 in a report on Thursday, August 26th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $84.31. Read more …

 

Week's Most Significant Insider Trades: Week of August 16, 2021

 

Disposals:

 

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) insider Michael John Short sold 2,693 shares of the stock in a transaction on Thursday, August 12th. The stock was sold at an average price of $91.49, for a total value of $246,382.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

CHRW traded up $0.42 during trading hours on Monday, hitting $92.32. The stock had a trading volume of 726,757 shares, compared to its average volume of 1,077,072. The firm’s fifty day simple moving average is $93.49. C.H. Robinson Worldwide, Inc. has a 1 year low of $84.67 and a 1 year high of $106.75. The stock has a market capitalization of $12.16 billion, a PE ratio of 19.24, a PEG ratio of 1.91 and a beta of 0.71. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.44 and a current ratio of 1.44. Read more …

 

Nucor Co. (NYSE:NUE) insider Michael D. Keller sold 3,431 shares of the company’s stock in a transaction that occurred on Friday, August 13th. The shares were sold at an average price of $127.40, for a total transaction of $437,109.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of NYSE NUE traded down $1.81 during mid-day trading on Monday, reaching $124.36. 272,866 shares of the company were exchanged, compared to its average volume of 3,328,026. The stock has a market cap of $36.52 billion, a PE ratio of 12.17 and a beta of 1.38. The company has a quick ratio of 1.76, a current ratio of 3.11 and a debt-to-equity ratio of 0.42. Nucor Co. has a 52 week low of $44.05 and a 52 week high of $128.81. The stock has a 50 day moving average of $100.56. Read more …

 

American States Water (NYSE:AWR) Director Janice F. Wilkins sold 2,225 shares of the company’s stock in a transaction that occurred on Monday, August 16th. The stock was sold at an average price of $89.87, for a total transaction of $199,960.75. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of AWR stock traded down $1.30 on Tuesday, hitting $89.21. The stock had a trading volume of 1,187 shares, compared to its average volume of 186,088. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 36.20 and a beta of 0.05. The business has a 50 day simple moving average of $84.38. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.22 and a quick ratio of 1.15. American States Water has a 52-week low of $69.25 and a 52-week high of $92.07. Read more …

 

 

NextEra Energy, Inc. (NYSE:NEE) EVP Ronald R. Reagan sold 4,166 shares of the stock in a transaction dated Monday, August 16th. The shares were sold at an average price of $84.00, for a total transaction of $349,944.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NYSE NEE traded down $0.60 during trading on Tuesday, hitting $83.35. The stock had a trading volume of 187,982 shares, compared to its average volume of 8,099,896. NextEra Energy, Inc. has a 12 month low of $66.79 and a 12 month high of $87.69. The company has a quick ratio of 0.38, a current ratio of 0.48 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $163.49 billion, a P/E ratio of 52.63, a PEG ratio of 4.14 and a beta of 0.19. The company’s fifty day moving average price is $76.39. Read more …

Week's Most Significant Insider Trades: Week of August 9, 2021

 

Disposals:

 

Albemarle Co. (NYSE:ALB) EVP Karen G. Narwold sold 10,000 shares of the business’s stock in a transaction dated Friday, August 6th. The stock was sold at an average price of $216.12, for a total transaction of $2,161,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Karen G. Narwold also recently made the following trade(s):

On Tuesday, June 8th, Karen G. Narwold sold 1,338 shares of Albemarle stock. The shares were sold at an average price of $171.30, for a total value of $229,199.40.

 NYSE:ALB traded up $4.67 during trading hours on Monday, hitting $231.38. The company’s stock had a trading volume of 1,422,671 shares, compared to its average volume of 1,410,407. The company has a market capitalization of $27.06 billion, a PE ratio of 37.63, a P/E/G ratio of 3.14 and a beta of 1.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.18 and a quick ratio of 1.44. The company has a fifty day simple moving average of $179.29. Albemarle Co. has a 52-week low of $79.06 and a 52-week high of $232.53. Read more …

 

Nucor Co. (NYSE:NUE) EVP Kenneth Rex Query sold 3,792 shares of the business’s stock in a transaction dated Thursday, August 5th. The stock was sold at an average price of $101.88, for a total transaction of $386,328.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Nucor Co. (NYSE:NUE) EVP Allen C. Behr sold 6,103 shares of the business’s stock in a transaction that occurred on Wednesday, August 11th. The shares were sold at an average price of $123.28, for a total value of $752,377.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE NUE traded up $0.76 on Thursday, reaching $123.48. 177,754 shares of the company were exchanged, compared to its average volume of 3,306,208. The firm has a fifty day simple moving average of $99.85. The company has a market cap of $36.95 billion, a PE ratio of 12.04 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.11 and a quick ratio of 1.76. Nucor Co. has a fifty-two week low of $44.05 and a fifty-two week high of $123.98. Read more …

 

Target Co. (NYSE:TGT) insider Don H. Liu sold 3,000 shares of the company’s stock in a transaction dated Friday, August 6th. The stock was sold at an average price of $261.93, for a total value of $785,790.00. Following the completion of the transaction, the insider now directly owns 62,017 shares of the company’s stock, valued at approximately $16,244,112.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TGT traded up $2.32 on Monday, reaching $262.41. 2,491,688 shares of the company traded hands, compared to its average volume of 3,449,493. Target Co. has a one year low of $131.25 and a one year high of $263.46. The firm has a fifty day moving average price of $244.94. The firm has a market capitalization of $129.82 billion, a P/E ratio of 21.40, a P/E/G ratio of 1.56 and a beta of 1.01. The company has a current ratio of 1.07, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. Read more …

 

 

The Charles Schwab Co. (NYSE:SCHW) Chairman Charles R. Schwab sold 81,400 shares of The Charles Schwab stock in a transaction dated Friday, August 6th. The shares were sold at an average price of $71.21, for a total value of $5,796,494.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

SCHW stock traded up $1.51 during mid-day trading on Monday, reaching $73.44. The company’s stock had a trading volume of 453,659 shares, compared to its average volume of 7,802,283. The company has a market capitalization of $132.71 billion, a P/E ratio of 31.20 and a beta of 1.03. The business’s 50 day moving average price is $71.27. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.39 and a current ratio of 0.39. The Charles Schwab Co. has a 12 month low of $32.84 and a 12 month high of $76.37.  Read more …

Notable Analyst Upgrades and Downgrades for Week of April 19, 2021

 

Upgrades:

 

Sempra Energy (NYSE:SRE) was upgraded by analysts at Mizuho from a “neutral” rating to a “buy” rating in a report released on Monday, Briefing.com reports. The brokerage presently has a $148.00 target price on the utilities provider’s stock, up from their prior target price of $129.00. Mizuho’s price target would suggest a potential upside of 7.14% from the stock’s previous close.

SRE has been the subject of a number of other research reports. KeyCorp lowered their target price on Sempra Energy from $143.00 to $141.00 and set an “overweight” rating for the company in a report on Tuesday, January 12th. Morgan Stanley decreased their price target on Sempra Energy from $144.00 to $142.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 25th. Barclays cut their price objective on Sempra Energy from $159.00 to $149.00 and set an “overweight” rating on the stock in a report on Tuesday, January 5th. Seaport Global Securities restated a “neutral” rating on shares of Sempra Energy in a research report on Tuesday, April 13th. Finally, BMO Capital Markets lifted their price target on shares of Sempra Energy from $142.00 to $147.00 and gave the stock a “market perform” rating in a report on Tuesday, April 6th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $145.55. Read more …

 

Albemarle (NYSE:ALB) was upgraded by stock analysts at Evercore ISI from an “in-line” rating to an “outperform” rating in a note issued to investors on Monday, Briefing.com reports. The brokerage currently has a $200.00 price objective on the specialty chemicals company’s stock, up from their previous price objective of $160.00. Evercore ISI’s target price would indicate a potential upside of 31.55% from the company’s current price.

Other analysts also recently issued reports about the company. Argus upped their price objective on Albemarle from $140.00 to $177.00 and gave the stock a “buy” rating in a research report on Monday, March 1st. Cowen initiated coverage on shares of Albemarle in a research report on Monday, March 15th. They issued an “outperform” rating and a $180.00 price target for the company. Zacks Investment Research downgraded shares of Albemarle from a “hold” rating to a “sell” rating and set a $169.00 price target for the company. in a research note on Friday, March 12th. Deutsche Bank Aktiengesellschaft raised shares of Albemarle from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $175.00 to $190.00 in a research note on Monday, February 15th. Finally, Vertical Research raised Albemarle from a “sell” rating to a “hold” rating in a research report on Monday, February 22nd. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $131.26. Read more …

 

Nucor (NYSE:NUE) was upgraded by investment analysts at Bank of America from an "underperform" rating to a "neutral" rating in a report issued on Tuesday, The Fly reports.

A number of other brokerages also recently issued reports on NUE. Credit Suisse Group upgraded Nucor from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $48.00 to $63.00 in a research report on Wednesday, February 3rd. The Goldman Sachs Group began coverage on shares of Nucor in a research report on Thursday, April 15th. They set a "buy" rating and a $86.00 price objective for the company. Zacks Investment Research upgraded shares of Nucor from a "hold" rating to a "strong-buy" rating and set a $76.00 target price on the stock in a research report on Wednesday, March 10th. Argus raised shares of Nucor from a "hold" rating to a "buy" rating and set a $85.00 target price for the company in a research note on Thursday, March 25th. Finally, BMO Capital Markets raised their price target on shares of Nucor from $63.00 to $75.00 and gave the company a "market perform" rating in a research note on Wednesday, March 17th. Seven research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of "Buy" and an average target price of $63.18. Read more …

 

 

PepsiCo (NASDAQ:PEP) was upgraded by stock analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, Price Targets.com reports. The firm currently has a $165.00 price objective on the stock, up from their prior price objective of $145.00. UBS Group’s target price would suggest a potential upside of 12.35% from the company’s previous close.

Several other equities analysts also recently commented on the company. Guggenheim reaffirmed a “buy” rating on shares of PepsiCo in a research report on Thursday, April 1st. Credit Suisse Group increased their price target on PepsiCo from $144.00 to $155.00 and gave the company an “outperform” rating in a research note on Friday, April 16th. Wolfe Research initiated coverage on PepsiCo in a research note on Monday. They issued a “peer perform” rating for the company. Sanford C. Bernstein initiated coverage on shares of PepsiCo in a research report on Tuesday, January 19th. They issued an “underperform” rating and a $136.00 price target on the stock. Finally, Morgan Stanley raised their price target on shares of PepsiCo from $158.00 to $165.00 and gave the company an “overweight” rating in a research report on Friday, April 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. PepsiCo has a consensus rating of “Buy” and an average price target of $149.44. Read more …

Notable Analyst Upgrades and Downgrades for Week of March 15, 2021

 

Upgrades:

 

Dollar General (NYSE:DG) was upgraded by analysts at Atlantic Securities from a “neutral” rating to an “overweight” rating in a research note issued on Monday, Briefing.com reports. The firm presently has a $243.00 price objective on the stock. Atlantic Securities’ price target would suggest a potential upside of 26.59% from the stock’s current price.

A number of other analysts have also issued reports on the company. Barclays raised their target price on Dollar General from $220.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, December 4th. Loop Capital raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $260.00 target price on the stock in a research report on Tuesday, January 26th. Zacks Investment Research raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $213.00 price target for the company in a report on Monday, February 22nd. Bank of America lowered shares of Dollar General from a “buy” rating to a “neutral” rating and set a $215.00 price target on the stock. in a research report on Thursday, February 25th. Finally, Raymond James upped their price objective on shares of Dollar General from $235.00 to $250.00 and gave the company a “strong-buy” rating in a research report on Friday, December 4th. Three equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Dollar General currently has a consensus rating of “Buy” and a consensus target price of $230.38. Read more …

 

Starbucks (NASDAQ:SBUX) was upgraded by BTIG Research from a “neutral” rating to a “buy” rating in a research report issued on Tuesday, Briefing.com reports. The brokerage currently has a $130.00 price objective on the coffee company’s stock. BTIG Research’s price target suggests a potential upside of 19.38% from the stock’s current price.

SBUX has been the subject of several other research reports. Telsey Advisory Group upped their price target on Starbucks from $102.00 to $108.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 27th. Morgan Stanley increased their price target on Starbucks from $106.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, January 27th. Royal Bank of Canada boosted their price objective on shares of Starbucks from $109.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday, December 10th. Credit Suisse Group raised their target price on shares of Starbucks from $114.00 to $116.00 and gave the company an “outperform” rating in a research note on Wednesday, January 27th. Finally, Wells Fargo & Company boosted their target price on shares of Starbucks from $116.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 27th. Eleven investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $103.25. Read more …

 

The Hershey (NYSE:HSY) was upgraded by equities research analysts at Piper Sandler from a "neutral" rating to an "overweight" rating in a note issued to investors on Wednesday, Briefing.com reports. The brokerage presently has a $175.00 price target on the stock, up from their prior price target of $147.00. Piper Sandler's target price suggests a potential upside of 14.01% from the stock's previous close.

A number of other research analysts also recently weighed in on the company. Jefferies Financial Group upped their target price on The Hershey from $157.00 to $162.00 and gave the stock a "hold" rating in a report on Tuesday, January 12th. Credit Suisse Group increased their price target on shares of The Hershey from $172.00 to $175.00 and gave the stock an "outperform" rating in a research note on Friday, February 5th. Royal Bank of Canada raised shares of The Hershey from a "sector perform" rating to an "outperform" rating and raised their target price for the company from $157.00 to $170.00 in a research note on Monday, February 8th. Finally, Bank of America raised The Hershey from a "neutral" rating to a "buy" rating and set a $168.00 price target on the stock in a research report on Wednesday, January 6th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of "Hold" and an average price target of $157.07. Read more …

 

 

McDonald's (NYSE:MCD) was upgraded by equities research analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a note issued to investors on Wednesday, Briefing.com reports. The firm currently has a $244.00 target price on the fast-food giant's stock. Deutsche Bank Aktiengesellschaft's target price points to a potential upside of 10.98% from the company's previous close.

MCD has been the subject of a number of other research reports. UBS Group raised McDonald's from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $230.00 to $240.00 in a report on Monday, December 14th. Wedbush initiated coverage on McDonald's in a research note on Monday, January 4th. They issued an "outperform" rating and a $240.00 target price on the stock. Zacks Investment Research upgraded McDonald's from a "sell" rating to a "hold" rating and set a $218.00 price target on the stock in a report on Tuesday, February 2nd. Credit Suisse Group upped their price objective on McDonald's from $230.00 to $238.00 and gave the company an "outperform" rating in a research note on Friday, January 29th. Finally, Oppenheimer raised shares of McDonald's from a "market perform" rating to an "outperform" rating and set a $240.00 price target on the stock in a report on Thursday, January 7th. Seven research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the stock. McDonald's presently has an average rating of "Buy" and an average price target of $232.55. Read more …

Notable Analyst Upgrades and Downgrades for Week of February 1, 2021

 

Upgrades:

 

Colgate-Palmolive (NYSE:CL) was upgraded by equities research analysts at Credit Suisse Group from an “underperform” rating to a “neutral” rating in a report released on Monday, Briefing.com reports. The firm currently has a $80.00 price target on the stock, up from their previous price target of $70.00. Credit Suisse Group’s price target suggests a potential upside of 2.56% from the stock’s current price.

Other equities analysts have also issued reports about the stock. UBS Group lifted their price target on shares of Colgate-Palmolive from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, November 2nd. Stifel Nicolaus lowered shares of Colgate-Palmolive from a “buy” rating to a “hold” rating and set a $83.00 price target on the stock. in a report on Thursday. Royal Bank of Canada lowered shares of Colgate-Palmolive from an “outperform” rating to a “sector perform” rating and set a $90.00 price target on the stock. in a report on Monday, January 4th. Truist lifted their price target on shares of Colgate-Palmolive from $80.00 to $85.00 in a report on Monday, October 26th. Finally, Morgan Stanley boosted their price objective on shares of Colgate-Palmolive from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Monday, November 2nd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $81.58. Read more …

 

Nucor (NYSE:NUE) was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a report released on Wednesday, Briefing.com reports. The firm currently has a $63.00 price target on the basic materials company’s stock, up from their previous price target of $48.00. Credit Suisse Group’s target price suggests a potential upside of 24.83% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. TheStreet upgraded Nucor from a “c” rating to a “b-” rating in a research note on Thursday, October 22nd. BMO Capital Markets lifted their target price on shares of Nucor from $50.00 to $54.00 and gave the stock a “market perform” rating in a research report on Friday, October 23rd. Exane BNP Paribas downgraded Nucor from an “outperform” rating to a “neutral” rating and set a $48.00 price target on the stock. in a report on Thursday, October 15th. Morgan Stanley started coverage on shares of Nucor in a report on Wednesday, December 9th. They set an “equal weight” rating and a $60.00 price target for the company. Finally, BNP Paribas downgraded Nucor from an “outperform” rating to a “neutral” rating and set a $48.00 price objective on the stock. in a report on Thursday, October 15th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $49.90. Read more …

 

Comcast (NASDAQ:CMCSA) was upgraded by equities researchers at Cowen from a “market perform” rating to an “outperform” rating in a research note issued on Wednesday, Briefing.com reports. The firm presently has a $60.00 target price on the cable giant’s stock, up from their previous target price of $56.00. Cowen’s price objective would suggest a potential upside of 17.23% from the company’s current price.

CMCSA has been the topic of several other reports. Smith Barney Citigroup increased their target price on shares of Comcast from $52.00 to $54.00 in a report on Tuesday, November 10th. Barclays boosted their target price on Comcast from $53.00 to $56.00 and gave the company an “overweight” rating in a research note on Monday. Macquarie raised their price target on Comcast from $53.00 to $58.00 in a research report on Thursday, January 14th. TD Securities boosted their target price on Comcast from $58.00 to $59.00 and gave the company a “buy” rating in a research note on Monday. Finally, Pivotal Research increased their price objective on shares of Comcast from $60.00 to $63.00 in a research note on Thursday, January 28th. Seven analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Comcast has an average rating of “Buy” and a consensus price target of $53.29. Read more …

 

 

3M (NYSE:MMM) was upgraded by research analysts at Argus from a “hold” rating to a “buy” rating in a research report issued on Wednesday, The Fly reports.

A number of other analysts have also commented on the stock. TheStreet raised shares of 3M from a “c+” rating to a “b” rating in a report on Tuesday, October 27th. Credit Suisse Group decreased their price target on shares of 3M from $208.00 to $197.00 and set an “outperform” rating for the company in a report on Wednesday, January 27th. Gordon Haskett raised shares of 3M from an “underperform” rating to a “hold” rating and set a $170.00 price target for the company in a report on Wednesday, October 7th. Royal Bank of Canada reissued a “hold” rating on shares of 3M in a report on Sunday, January 24th. Finally, Bank of America lowered shares of 3M from a “neutral” rating to an “underperform” rating and set a $170.00 price target for the company. in a report on Thursday, January 7th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. 3M presently has an average rating of “Hold” and a consensus target price of $178.58. Read more …

Notable Analyst Upgrades and Downgrades for Week of March 30, 2020

Upgrades:

Nike (NYSE:NKE) was upgraded by Wells Fargo & Co from an “equal weight” rating to an “overweight” rating in a report released on Monday, Marketbeat Ratings reports. The brokerage presently has a $99.00 price target on the footwear maker’s stock, up from their previous price target of $87.00. Wells Fargo & Co‘s price target points to a potential upside of 23.70% from the stock’s current price.

Several other analysts have also issued reports on NKE. Piper Jaffray Companies reiterated an “overweight” rating and issued a $110.00 target price (up previously from $101.00) on shares of Nike in a research report on Friday, December 20th. Morgan Stanley dropped their target price on shares of Nike from $119.00 to $88.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 24th. Guggenheim restated a “buy” rating and set a $110.00 price target on shares of Nike in a research report on Friday, December 13th. Deutsche Bank boosted their price target on shares of Nike from $80.00 to $84.00 and gave the stock a “hold” rating in a research report on Wednesday, March 25th. Finally, Raymond James lowered their price target on shares of Nike from $110.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and twenty-seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $98.13. Read more …

Shares of Nucor Co. (NYSE:NUE) have been assigned an average rating of “Hold” from the fourteen analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $51.50.

Several analysts recently weighed in on NUE shares. Zacks Investment Research raised shares of Nucor from a “strong sell” rating to a “hold” rating and set a $41.00 price objective on the stock in a research note on Friday, January 31st. Deutsche Bank upgraded shares of Nucor from a “sell” rating to a “hold” rating and dropped their target price for the company from $45.00 to $37.00 in a report on Monday, March 30th. Longbow Research upgraded shares of Nucor from a “neutral” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Monday, December 9th. Goldman Sachs Group upgraded shares of Nucor from a “neutral” rating to a “buy” rating and dropped their target price for the company from $55.00 to $41.00 in a report on Monday, March 30th. Finally, Credit Suisse Group dropped their target price on shares of Nucor from $57.00 to $54.00 and set an “outperform” rating on the stock in a report on Friday, March 20th. Read more …

Sherwin-Williams (NYSE:SHW) was upgraded by stock analysts at Goldman Sachs Group from a “neutral” rating to a “conviction-buy” rating in a research note issued on Monday, Marketbeat.com reports. The brokerage presently has a $590.00 price objective on the specialty chemicals company’s stock. Goldman Sachs Group’s target price would indicate a potential upside of 36.27% from the company’s previous close.

Other analysts also recently issued research reports about the company. Northcoast Research upgraded Sherwin-Williams from a “neutral” rating to a “buy” rating and set a $620.00 target price for the company in a research report on Monday, March 2nd. Susquehanna Bancshares lowered shares of Sherwin-Williams from a “positive” rating to a “neutral” rating and set a $620.00 price objective for the company. in a report on Tuesday, February 4th. Credit Suisse Group reduced their target price on shares of Sherwin-Williams from $620.00 to $615.00 and set an “outperform” rating on the stock in a report on Friday, January 31st. Zacks Investment Research downgraded shares of Sherwin-Williams from a “hold” rating to a “sell” rating and set a $583.00 price target for the company. in a research note on Friday, March 6th. Finally, UBS Group reduced their price objective on Sherwin-Williams from $580.00 to $566.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $584.75. Read more …

Wedbush upgraded shares of Wendys (NASDAQ:WEN) from a neutral rating to an outperform rating in a research note issued to investors on Tuesday morning, BenzingaRatingsTable reports. They currently have $21.00 price target on the restaurant operator’s stock, down from their previous price target of $22.00. Wedbush also issued estimates for Wendys’ Q4 2020 earnings at $0.09 EPS, Q1 2021 earnings at $0.10 EPS, Q4 2021 earnings at $0.13 EPS, Q1 2022 earnings at $0.17 EPS and FY2022 earnings at $0.79 EPS.

Other analysts have also recently issued research reports about the stock. Oppenheimer lowered their price objective on shares of Wendys from $26.00 to $22.00 and set an outperform rating for the company in a research report on Monday. MKM Partners upped their target price on shares of Wendys from to in a research note on Thursday, February 27th. Royal Bank of Canada reaffirmed a hold rating and issued a $22.00 target price on shares of Wendys in a research note on Thursday, January 23rd. Piper Sandler reduced their target price on shares of Wendys from to in a research note on Monday. Finally, Morgan Stanley upped their target price on shares of Wendys from $22.00 to $24.00 and gave the stock an equal weight rating in a research note on Thursday, December 19th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $21.48. Read more …