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 …

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

 

Upgrades:

 

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

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

 

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

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

 

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

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

 

 

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

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

Notable Analyst Upgrades and Downgrades for Week of September 20, 2021

 

Upgrades:

 

Colgate-Palmolive (NYSE:CL) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report issued on Monday, The Fly reports.

Other research analysts also recently issued reports about the stock. Credit Suisse Group raised shares of Colgate-Palmolive from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $80.00 to $95.00 in a research report on Wednesday, June 9th. Evercore ISI reissued a "buy" rating and set a $95.00 price objective on shares of Colgate-Palmolive in a research report on Sunday, June 20th. Finally, UBS Group assumed coverage on shares of Colgate-Palmolive in a research report on Wednesday, June 23rd. They set a "buy" rating and a $95.00 price objective on the stock. Two investment 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's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $85.54. Read more …

 

Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by equities research analysts at TD Securities from a “hold” rating to a “buy” rating in a report released on Monday, The Fly reports.

Several other analysts also recently weighed in on CNI. Credit Suisse Group dropped their target price on shares of Canadian National Railway from $121.00 to $112.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 21st. Desjardins dropped their target price on shares of Canadian National Railway from C$147.00 to C$145.00 and set a “hold” rating on the stock in a research report on Wednesday, May 26th. Barclays dropped their target price on shares of Canadian National Railway from $119.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 14th. National Bank Financial upped their price objective on shares of Canadian National Railway from C$139.00 to C$144.00 and gave the company a “sector perform” rating in a report on Monday. Finally, Loop Capital downgraded shares of Canadian National Railway from a “buy” rating to a “hold” rating and set a $157.00 price objective on the stock. in a report on Wednesday, September 1st. Eleven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $139.06. Read more …

 

National Bank of Canada (TSE:NA) was upgraded by stock analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Monday, Price Targets.com reports. The firm currently has a C$40.00 price objective on the financial services provider’s stock. Piper Sandler’s price objective indicates a potential downside of 58.24% from the stock’s previous close.

A number of other analysts also recently issued reports on the company. Credit Suisse Group reaffirmed a “neutral” rating on shares of National Bank of Canada in a research note on Thursday, September 2nd. CIBC increased their price target on National Bank of Canada from C$98.00 to C$102.00 and gave the stock a “neutral” rating in a report on Thursday, August 26th. CSFB increased their price target on National Bank of Canada from C$106.00 to C$110.00 in a report on Wednesday, September 1st. Royal Bank of Canada increased their price target on National Bank of Canada from C$97.00 to C$99.00 and gave the stock a “sector perform” rating in a report on Thursday, August 26th. Finally, TD Securities lowered their price target on National Bank of Canada from C$100.00 to C$99.00 and set a “hold” rating for the company in a report on Thursday, August 26th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$98.85. Read more …

 

 

ABB (NYSE:ABB) was upgraded by analysts at Exane BNP Paribas to a "neutral" rating in a note issued to investors on Tuesday, The Fly reports. The brokerage currently has a CHF 37 price target on the industrial products company's stock.

Other analysts also recently issued reports about the company. Kepler Capital Markets upgraded ABB from a "hold" rating to a "buy" rating and set a $36.00 price target for the company in a research note on Friday, July 2nd. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of ABB in a research note on Tuesday, July 27th. JPMorgan Chase & Co. set a $36.78 target price on ABB and gave the company a "neutral" rating in a research report on Friday, July 23rd. HSBC upgraded ABB from a "hold" rating to a "buy" rating in a research report on Thursday, May 27th. Finally, Barclays set a $36.78 target price on ABB and gave the company an "equal weight" rating in a research report on Friday, July 23rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $35.88. Read more …

Notable Analyst Upgrades and Downgrades for Week of May 24, 2021

 

Upgrades:

 

Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by investment analysts at CIBC from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, The Fly reports.

A number of other brokerages have also weighed in on CNI. Vertical Research upgraded Canadian National Railway from a “hold” rating to a “buy” rating in a research note on Monday. Wells Fargo & Company increased their price objective on Canadian National Railway from $113.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 27th. BMO Capital Markets dropped their target price on Canadian National Railway from $152.00 to $150.00 and set an “outperform” rating for the company in a report on Monday, March 22nd. Desjardins decreased their price target on shares of Canadian National Railway from $150.00 to $146.00 and set a “hold” rating on the stock in a research note on Thursday, January 28th. Finally, National Bank Financial reiterated a “sector perform” rating on shares of Canadian National Railway in a research note on Wednesday, April 21st. Eleven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Canadian National Railway has a consensus rating of “Hold” and a consensus target price of $128.94. Read more …

 

ONEOK (NYSE:OKE) was upgraded by stock analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a report issued on Wednesday, The Fly reports. The brokerage currently has a $55.00 price objective on the utilities provider's stock. Morgan Stanley's target price indicates a potential upside of 4.44% from the company's current price.

Other analysts have also recently issued reports about the stock. Royal Bank of Canada raised their price target on shares of ONEOK from $49.00 to $54.00 and gave the stock a "sector perform" rating in a report on Tuesday, May 4th. TheStreet raised ONEOK from a "c+" rating to a "b-" rating in a research note on Wednesday, April 28th. Credit Suisse Group lifted their target price on shares of ONEOK from $49.00 to $53.00 and gave the company a "neutral" rating in a research note on Monday, May 17th. Mizuho increased their price target on shares of ONEOK from $44.00 to $49.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 7th. They noted that the move was a valuation call. Finally, Raymond James lifted their price objective on shares of ONEOK from $47.00 to $54.00 and gave the company an "outperform" rating in a research note on Wednesday, April 21st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of "Hold" and an average price target of $42.76. Read more …

 

Johnson Controls International (NYSE:JCI) was upgraded by analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Wednesday, The Fly reports. The brokerage currently has a $75.00 price target on the stock, up from their prior price target of $67.00. Barclays‘s target price would indicate a potential upside of 15.49% from the stock’s current price.

A number of other equities analysts also recently commented on JCI. Morgan Stanley lifted their target price on shares of Johnson Controls International from $73.00 to $80.00 and gave the stock an “overweight” rating in a research note on Monday, May 10th. UBS Group raised shares of Johnson Controls International to a “buy” rating and lifted their target price for the stock from $57.00 to $70.00 in a research note on Thursday, April 22nd. Robert W. Baird lifted their target price on shares of Johnson Controls International from $56.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Johnson Controls International from $62.00 to $68.00 and gave the company a “hold” rating in a research report on Monday, May 3rd. Finally, Credit Suisse Group lifted their price target on shares of Johnson Controls International from $64.00 to $66.00 and gave the company an “outperform” rating in a research report on Monday, May 10th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Johnson Controls International presently has a consensus rating of “Buy” and a consensus target price of $55.78. Read more …

Notable Analyst Upgrades and Downgrades for Week of February 8, 2021

 

Upgrades:

 

Exxon Mobil (NYSE:XOM) was upgraded by analysts at Exane BNP Paribas from an "underperform" rating to a "neutral" rating in a report released on Monday, The Fly reports.

Other equities research analysts have also recently issued research reports about the stock. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell increased their target price on shares of Exxon Mobil from $33.00 to $39.00 in a research note on Wednesday, December 9th. BNP Paribas raised shares of Exxon Mobil from an "underperform" rating to a "neutral" rating and set a $45.50 price target for the company in a research report on Monday. Mizuho assumed coverage on shares of Exxon Mobil in a research report on Tuesday, January 12th. They issued a "neutral" rating and a $49.00 price target for the company. Truist reissued a "hold" rating and issued a $39.00 price target (up previously from $36.00) on shares of Exxon Mobil in a research report on Monday, November 16th. Finally, Smith Barney Citigroup increased their price target on shares of Exxon Mobil from $33.00 to $39.00 in a research report on Wednesday, December 9th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eight have assigned a buy rating to the company. Exxon Mobil has an average rating of "Hold" and a consensus price target of $48.40. Read more …

 

Air Products and Chemicals (NYSE:APD) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, Briefing.com reports. The firm presently has a $305.00 price target on the basic materials company’s stock. Bank of America‘s price target indicates a potential upside of 20.48% from the stock’s previous close.

A number of other analysts have also issued reports on the company. Jefferies Financial Group lowered Air Products and Chemicals from a “buy” rating to a “hold” rating and lifted their price target for the stock from $307.00 to $324.00 in a research note on Thursday, January 7th. Deutsche Bank Aktiengesellschaft lowered their price target on Air Products and Chemicals from $315.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday. Wells Fargo & Company lowered their price target on Air Products and Chemicals from $340.00 to $320.00 and set an “overweight” rating on the stock in a research note on Thursday, November 12th. Citigroup lowered Air Products and Chemicals from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $325.00 to $277.00 in a research note on Friday. Finally, Barclays reaffirmed a “buy” rating on shares of Air Products and Chemicals in a research note on Sunday. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $295.69. Read more …

 

The Hershey (NYSE:HSY) was upgraded by Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a research report issued on Monday, Briefing.com reports. The firm currently has a $170.00 target price on the stock, up from their previous target price of $157.00. Royal Bank of Canada's price target would suggest a potential upside of 15.96% from the company's previous close.

Several other research firms have also recently weighed in on HSY. Morgan Stanley increased their price target on shares of The Hershey from $148.00 to $152.00 and gave the company an "equal weight" rating in a report on Monday, November 9th. Wells Fargo & Company lowered their price target on shares of The Hershey from $155.00 to $149.00 and set an "equal weight" rating on the stock in a report on Monday, November 9th. Smith Barney Citigroup initiated coverage on shares of The Hershey in a report on Monday, October 19th. They issued a "buy" rating on the stock. Bank of America raised shares of The Hershey from a "neutral" rating to a "buy" rating and set a $168.00 price target on the stock in a report on Wednesday, January 6th. Finally, Credit Suisse Group increased their price target on shares of The Hershey from $172.00 to $175.00 and gave the company an "outperform" rating in a report on Friday. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. The Hershey presently has a consensus rating of "Hold" and an average price target of $154.60. Read more …

 

 

Target (NYSE:TGT) was upgraded by Stifel Nicolaus from a "hold" rating to a "buy" rating in a research note issued on Monday, The Fly reports. The firm currently has a $225.00 price objective on the retailer's stock, up from their previous price objective of $200.00. Stifel Nicolaus' target price points to a potential upside of 19.14% from the stock's previous close.

A number of other research firms have also weighed in on TGT. Raymond James increased their target price on Target from $180.00 to $200.00 and gave the stock a "strong-buy" rating in a research note on Thursday, November 19th. MKM Partners upgraded Target from a "sell" rating to a "neutral" rating and increased their target price for the stock from $127.00 to $156.00 in a research note on Thursday, November 19th. Cowen increased their price target on Target from $190.00 to $230.00 and gave the stock an "outperform" rating in a research report on Thursday, January 14th. Morgan Stanley increased their price target on Target from $180.00 to $195.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 20th. Finally, Telsey Advisory Group increased their price target on Target from $190.00 to $225.00 and gave the stock an "outperform" rating in a research report on Thursday, January 14th. Five equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have issued a strong buy rating to the stock. The stock has an average rating of "Buy" and a consensus target price of $166.48. Read more …

Notable Analyst Upgrades and Downgrades for Week of November 16, 2020

 

Upgrades:

 

Bristol-Myers Squibb (NYSE:BMY) - Equities research analysts at William Blair cut their Q2 2021 earnings per share estimates for Bristol-Myers Squibb in a report released on Monday, November 16th. William Blair analyst M. Phipps now expects that the biopharmaceutical company will post earnings of $1.86 per share for the quarter, down from their prior estimate of $1.87.

Several other equities analysts also recently weighed in on the company. Sanford C. Bernstein reiterated a "market perform" rating and set a $72.00 target price on shares of Bristol-Myers Squibb in a research report on Tuesday, November 10th. Societe Generale upgraded Bristol-Myers Squibb from a "hold" rating to a "buy" rating and set a $76.00 target price on the stock in a research report on Monday. Raymond James reiterated a "buy" rating on shares of Bristol-Myers Squibb in a research report on Friday, September 25th. Cfra reiterated a "buy" rating and set a $70.00 target price on shares of Bristol-Myers Squibb in a research report on Sunday, July 26th. Finally, Morgan Stanley increased their target price on Bristol-Myers Squibb from $64.00 to $66.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company. Bristol-Myers Squibb has an average rating of "Buy" and a consensus target price of $73.69. Read more …

 

International Paper (NYSE:IP) was upgraded by research analysts at Smith Barney Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, The Fly reports.

Other analysts have also recently issued reports about the company. Argus cut International Paper from a “buy” rating to a “hold” rating in a report on Friday, August 21st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised International Paper from a “neutral” rating to a “buy” rating in a report on Monday. BMO Capital Markets raised International Paper from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $40.00 to $53.00 in a report on Monday, October 12th. DA Davidson reaffirmed a “buy” rating on shares of International Paper in a report on Friday, July 31st. Finally, Morgan Stanley lifted their price objective on International Paper from $29.00 to $37.00 and gave the company an “underweight” rating in a report on Monday, October 26th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $45.42. Read more …

 

Chevron (NYSE:CVX)‘s stock had its “sector perform” rating reissued by research analysts at Royal Bank of Canada in a note issued to investors on Tuesday, Analyst Ratings Network reports. They currently have a $95.00 price target on the oil and gas company’s stock. Royal Bank of Canada’s price objective suggests a potential upside of 6.79% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Piper Sandler cut Chevron from an “overweight” rating to a “neutral” rating and set a $108.00 target price for the company. in a research note on Monday, August 17th. Morgan Stanley decreased their price objective on Chevron from $108.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Scotia Howard Weill downgraded shares of Chevron from a “buy” rating to a “sector perform” rating and set a $121.00 target price on the stock. in a report on Thursday, September 24th. Credit Suisse Group reiterated an “outperform” rating and issued a $97.00 price target on shares of Chevron in a report on Tuesday, October 20th. Finally, Raymond James reiterated a “buy” rating on shares of Chevron in a report on Friday, October 30th. Eleven investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $107.28. Read more …

 

The Charles Schwab (NYSE:SCHW) was upgraded by analysts at Smith Barney Citigroup from a "neutral" rating to a "buy" rating in a note issued to investors on Tuesday, The Fly reports. The firm presently has a $54.00 price objective on the financial services provider's stock, up from their prior price objective of $44.00. Smith Barney Citigroup's target price would suggest a potential upside of 10.84% from the stock's previous close.

A number of other research firms have also commented on SCHW. Bank of America upped their price objective on shares of The Charles Schwab from $40.00 to $42.00 and gave the company a "neutral" rating in a research note on Friday, October 16th. Argus upped their price objective on shares of The Charles Schwab from $42.00 to $50.00 in a research note on Friday, October 16th. TheStreet raised shares of The Charles Schwab from a "c" rating to a "b-" rating in a research note on Thursday, October 8th. Deutsche Bank Aktiengesellschaft raised shares of The Charles Schwab from a "hold" rating to a "buy" rating and upped their price objective for the company from $43.00 to $53.00 in a research note on Wednesday, November 11th. Finally, Morgan Stanley upped their price objective on shares of The Charles Schwab from $51.00 to $65.00 and gave the company an "overweight" rating in a research note on Tuesday. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. The company has a consensus rating of "Hold" and an average target price of $46.75. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of October 12, 2020

 

Upgrades:

 

Westrock (NYSE:WRK) was upgraded by equities researchers at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued to investors on Monday, Marketbeat Ratings reports. The firm presently has a $57.00 price target on the basic materials company’s stock, up from their prior price target of $35.00. BMO Capital Markets’ target price would suggest a potential upside of 43.98% from the company’s current price.

Several other analysts have also issued reports on WRK. Bank of America upped their target price on Westrock from $38.00 to $41.00 and gave the stock a “buy” rating in a research note on Tuesday, September 15th. Wells Fargo & Company restated a “buy” rating and issued a $44.00 price objective (up from $40.00) on shares of Westrock in a report on Wednesday, September 9th. Morgan Stanley assumed coverage on shares of Westrock in a report on Monday, June 15th. They set an “equal weight” rating and a $28.00 target price on the stock. Citigroup lifted their target price on shares of Westrock from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, DA Davidson reissued a “buy” rating on shares of Westrock in a research note on Wednesday, August 5th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Westrock has a consensus rating of “Buy” and a consensus price target of $39.27. Read more …

 

International Paper (NYSE:IP) was upgraded by investment analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a research note issued on Monday, Briefing.com reports. The brokerage currently has a $53.00 price target on the basic materials company's stock, up from their prior price target of $40.00. BMO Capital Markets' target price suggests a potential upside of 24.21% from the company's previous close.

Other equities analysts also recently issued research reports about the company. Zacks Investment Research upgraded International Paper from a "hold" rating to a "strong-buy" rating and set a $48.00 target price on the stock in a research note on Wednesday, September 30th. ValuEngine raised International Paper from a "sell" rating to a "hold" rating in a research report on Thursday, September 10th. BofA Securities raised shares of International Paper from a "neutral" rating to a "buy" rating in a research report on Thursday, July 16th. DA Davidson reaffirmed a "buy" rating on shares of International Paper in a report on Friday, July 31st. Finally, Wells Fargo & Company raised shares of International Paper from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $38.00 to $52.00 in a report on Friday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of "Hold" and a consensus target price of $44.14. Read more …

 

PepsiCo (NASDAQ:PEP) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, Marketbeat reports. The firm currently has a $169.00 price target on the stock, up from their previous price target of $148.00. Citigroup‘s price objective indicates a potential upside of 20.01% from the company’s previous close.

A number of other research analysts have also recently weighed in on PEP. SunTrust Banks lifted their target price on shares of PepsiCo from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, July 14th. Jefferies Financial Group raised their price target on PepsiCo from $130.00 to $135.00 and gave the company a “hold” rating in a report on Thursday, July 9th. Morgan Stanley upped their price objective on PepsiCo from $155.00 to $158.00 and gave the stock an “overweight” rating in a research note on Friday, October 2nd. Zacks Investment Research downgraded PepsiCo from a “hold” rating to a “sell” rating and set a $140.00 target price on the stock. in a research note on Friday, September 18th. Finally, Truist boosted their price target on PepsiCo from $130.00 to $135.00 in a report on Friday, October 2nd. Two analysts have rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. PepsiCo has an average rating of “Buy” and a consensus target price of $144.13. Read more …

 

 

Chubb (NYSE:CB) was upgraded by investment analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm currently has a $152.00 price target on the financial services provider's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 26.19% from the stock's current price.

Several other research analysts also recently commented on CB. Zacks Investment Research downgraded shares of Chubb from a "hold" rating to a "strong sell" rating and set a $97.00 price target on the stock. in a research note on Wednesday, September 30th. Royal Bank of Canada upped their target price on Chubb from $150.00 to $155.00 and gave the stock an "outperform" rating in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reduced their price target on Chubb from $138.00 to $135.00 and set a "hold" rating for the company in a research report on Tuesday, July 7th. ValuEngine raised shares of Chubb from a "sell" rating to a "hold" rating in a research note on Thursday, June 25th. Finally, Evercore ISI upgraded shares of Chubb from an "in-line" rating to an "outperform" rating and set a $157.00 target price for the company in a research note on Thursday, July 16th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. Chubb currently has a consensus rating of "Hold" and an average price target of $143.19. Read more …

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

 

 

Upgrades:

 

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

 

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

 

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

 

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

 

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

 

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

 

 

 

 

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

 

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

 

Notable Analyst Upgrades and Downgrades for Week of September 28, 2020

 

Upgrades:

FedEx (NYSE:FDX) was upgraded by Deutsche Bank from a "hold" rating to a "buy" rating in a research note issued to investors on Monday, Briefing.com reports. The firm currently has a $318.00 price objective on the shipping service provider's stock. Deutsche Bank's price target suggests a potential upside of 27.11% from the company's current price.

 

Other equities analysts have also issued reports about the stock. Robert W. Baird raised their price target on shares of FedEx from $232.00 to $275.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 16th. Berenberg Bank set a $280.00 price objective on shares of FedEx and gave the stock a "buy" rating in a research note on Thursday, September 3rd. Stifel Nicolaus raised shares of FedEx from a "hold" rating to a "buy" rating and raised their price objective for the stock from $175.00 to $281.00 in a research note on Thursday. Evercore ISI started coverage on shares of FedEx in a research note on Wednesday, September 9th. They set an "outperform" rating and a $300.00 price objective on the stock. Finally, Barclays raised their price objective on shares of FedEx from $205.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Wednesday, September 16th. Eight analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. FedEx presently has an average rating of "Buy" and a consensus target price of $271.60. Read more …

Chevron (NYSE:CVX) was upgraded by equities research analysts at BofA Securities from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm presently has a $96.00 price target on the oil and gas company's stock. BofA Securities' price objective would indicate a potential upside of 33.65% from the stock's current price.

 

Other research analysts have also issued research reports about the stock. MKM Partners started coverage on shares of Chevron in a research report on Thursday. They issued a "buy" rating and a $121.00 price target for the company. Morgan Stanley increased their price target on shares of Chevron from $104.00 to $108.00 and gave the stock an "overweight" rating in a research report on Friday, August 21st. JPMorgan Chase & Co. increased their price target on shares of Chevron from $103.00 to $109.00 and gave the stock an "overweight" rating in a research report on Monday, June 8th. Scotiabank lowered shares of Chevron from a "sector outperform" rating to a "sector perform" rating and set a $95.00 price target for the company. in a research report on Wednesday, September 23rd. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $108.00 price target on shares of Chevron in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. Chevron presently has a consensus rating of "Buy" and a consensus target price of $107.83. Read more …

ONEOK (NYSE:OKE) had its price target lowered by stock analysts at Bank of America from $35.00 to $31.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a "neutral" rating on the utilities provider's stock. Bank of America's target price indicates a potential upside of 15.80% from the stock's current price.

 

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada lifted their price objective on ONEOK from $31.00 to $33.00 and gave the company a "sector perform" rating in a report on Thursday, July 30th. Mizuho lowered their price objective on ONEOK from $40.00 to $34.00 and set a "neutral" rating on the stock in a report on Tuesday, July 7th. Wells Fargo & Company lowered ONEOK from an "overweight" rating to an "equal weight" rating and set a $33.00 price objective on the stock. in a report on Wednesday, July 22nd. Stifel Nicolaus decreased their price target on ONEOK from $38.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Scotiabank lowered ONEOK from a "sector outperform" rating to a "sector perform" rating and set a $31.00 price target on the stock. in a research note on Monday, September 21st. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of "Hold" and a consensus price target of $37.60. Read more …

Starbucks (NASDAQ:SBUX) was upgraded by equities researchers at Cowen from a "market perform" rating to an "outperform" rating in a report issued on Wednesday, Briefing.com reports. The firm currently has a $99.00 target price on the coffee company's stock, up from their prior target price of $77.00. Cowen's price objective would suggest a potential upside of 16.75% from the stock's previous close.

 

Several other research firms also recently commented on SBUX. JPMorgan Chase & Co. increased their target price on shares of Starbucks from $76.00 to $80.00 and gave the stock a "neutral" rating in a research report on Monday, September 21st. Zacks Investment Research upgraded shares of Starbucks from a "sell" rating to a "hold" rating and set a $86.00 price target for the company in a report on Monday, June 8th. Bank of America upped their price target on shares of Starbucks from $82.00 to $88.00 and gave the company a "neutral" rating in a report on Monday. Telsey Advisory Group decreased their price target on shares of Starbucks from $90.00 to $80.00 and set a "market perform" rating for the company in a report on Tuesday, June 23rd. Finally, Atlantic Securities began coverage on shares of Starbucks in a report on Monday, June 15th. They set an "overweight" rating and a $95.00 price target for the company. Fifteen equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of "Buy" and a consensus target price of $85.42. Read more …

Notable Analyst Upgrades and Downgrades for Week of June 1, 2020

Upgrades:

W W Grainger (NYSE:GWW) was upgraded by stock analysts at Longbow Research from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Other equities analysts also recently issued research reports about the company. Robert W. Baird raised W W Grainger from a “neutral” rating to an “outperform” rating and cut their price objective for the company from $340.00 to $300.00 in a research report on Friday, March 27th. Morgan Stanley increased their price target on W W Grainger from $259.00 to $282.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Gordon Haskett downgraded W W Grainger from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $313.00 to $278.00 in a research report on Tuesday, April 7th. Royal Bank of Canada dropped their price target on W W Grainger from $194.00 to $191.00 and set an “underperform” rating on the stock in a research report on Friday, April 24th. Finally, Gabelli raised W W Grainger from a “hold” rating to a “buy” rating in a research report on Monday, February 3rd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $286.80. Read more …

Eaton Vance (NYSE:EV) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a report issued on Tuesday, The Fly reports.

Other research analysts also recently issued research reports about the stock. ValuEngine raised shares of Eaton Vance from a “strong sell” rating to a “sell” rating in a research report on Tuesday, February 4th. Cfra raised their target price on shares of Eaton Vance from $37.00 to $43.00 and gave the company a “buy” rating in a research report on Friday. Credit Suisse Group lifted their price objective on shares of Eaton Vance from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Thursday, May 21st. Citigroup decreased their price objective on shares of Eaton Vance from $50.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Finally, Zacks Investment Research downgraded shares of Eaton Vance from a “hold” rating to a “sell” rating and set a $40.00 price objective for the company. in a research report on Tuesday, May 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $39.13. Read more …

Lowe’s Companies (NYSE:LOW) was upgraded by research analysts at Gordon Haskett from a “hold” rating to a “buy” rating in a research note issued on Tuesday, The Fly reports. The brokerage currently has a $151.00 price target on the home improvement retailer’s stock, up from their previous price target of $110.00. Gordon Haskett’s target price indicates a potential upside of 16.76% from the stock’s current price.

Several other equities analysts have also commented on LOW. Guggenheim reaffirmed a “buy” rating and issued a $135.00 price target on shares of Lowe’s Companies in a research note on Wednesday, May 20th. Robert W. Baird upped their price target on Lowe’s Companies from $115.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, May 18th. Wolfe Research raised Lowe’s Companies from a “peer perform” rating to an “outperform” rating in a research note on Wednesday, March 25th. KeyCorp increased their target price on Lowe’s Companies from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, Loop Capital increased their target price on Lowe’s Companies from $105.00 to $140.00 in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $133.11. Read more …

Wells Fargo & Co (NYSE:WFC) was upgraded by equities researchers at Deutsche Bank from a “hold” rating to a “buy” rating in a research report issued on Wednesday, Marketbeat Ratings reports. The brokerage currently has a $34.00 price objective on the financial services provider’s stock. Deutsche Bank’s target price indicates a potential upside of 12.51% from the company’s current price.

WFC has been the subject of a number of other reports. Credit Suisse Group cut their price objective on Wells Fargo & Co from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. Cfra raised Wells Fargo & Co from a “sell” rating to a “hold” rating and cut their price objective for the stock from $48.00 to $42.00 in a research report on Wednesday, March 4th. Citigroup dropped their target price on Wells Fargo & Co from $43.00 to $37.00 and set a “neutral” rating for the company in a research report on Friday, March 27th. Nomura Securities reaffirmed a “buy” rating and issued a $31.00 target price on shares of Wells Fargo & Co in a research report on Thursday, April 16th. Finally, BMO Capital Markets dropped their target price on Wells Fargo & Co from $37.00 to $35.00 and set a “market perform” rating for the company in a research report on Wednesday, April 15th. Six research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $38.41. Read more …