Notable Analyst Upgrades and Downgrades for Week of July 12, 2021

 

Upgrades:

 

Invesco (NYSE:IVZ) was upgraded by equities research analysts at Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports. The firm presently has a $34.00 target price on the asset manager’s stock, up from their previous target price of $29.00. Citigroup’s price objective would indicate a potential upside of 26.63% from the company’s previous close.

Several other analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Invesco from $28.00 to $31.00 and gave the company a “buy” rating in a report on Friday, April 9th. Evercore ISI reiterated a “sell” rating and issued a $30.00 target price on shares of Invesco in a report on Friday, June 4th. Credit Suisse Group increased their target price on shares of Invesco from $30.00 to $37.00 and gave the company a “neutral” rating in a report on Wednesday, April 28th. Morgan Stanley increased their target price on shares of Invesco from $27.00 to $29.00 and gave the company an “equal weight” rating in a report on Tuesday, April 20th. Finally, Zacks Investment Research downgraded shares of Invesco from a “strong-buy” rating to a “hold” rating and set a $28.00 target price for the company. in a report on Tuesday, April 20th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $26.13. Read more …

 

The Travelers Companies (NYSE:TRV) was upgraded by equities researchers at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research report issued on Monday, Price Targets.com reports. The brokerage currently has a $166.00 price target on the insurance provider’s stock. Morgan Stanley’s target price would indicate a potential upside of 8.26% from the stock’s current price.

A number of other equities analysts have also recently issued reports on TRV. Credit Suisse Group upped their price objective on shares of The Travelers Companies from $142.00 to $153.00 and gave the stock a “neutral” rating in a research report on Thursday, April 1st. Barclays upped their price objective on shares of The Travelers Companies from $155.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 24th. Citigroup upped their price objective on shares of The Travelers Companies from $142.00 to $155.00 in a research report on Wednesday, March 31st. Royal Bank of Canada upped their price objective on shares of The Travelers Companies from $156.00 to $163.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 21st. Finally, upped their price objective on shares of The Travelers Companies from $155.00 to $160.00 and gave the stock a “neutral” rating in a research report on Monday, June 21st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $153.77. Read more …

 

Hanesbrands (NYSE:HBI) was upgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a report issued on Tuesday, The Fly reports. The firm currently has a $23.00 price target on the textile maker's stock, up from their previous price target of $20.00. Wells Fargo & Company's price target suggests a potential upside of 26.93% from the stock's previous close.

Other equities analysts have also issued reports about the company. Stifel Nicolaus upgraded Hanesbrands from a "hold" rating to a "buy" rating and raised their target price for the company from $18.00 to $25.00 in a report on Wednesday, May 12th. TheStreet raised Hanesbrands from a "c" rating to a "b" rating in a research report on Tuesday, May 11th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of "Buy" and an average price target of $20.44.

Shares of NYSE:HBI opened at $18.12 on Tuesday. The company has a current ratio of 1.64, a quick ratio of 0.90 and a debt-to-equity ratio of 7.53. Hanesbrands has a 1 year low of $11.05 and a 1 year high of $22.82. The stock's fifty day moving average price is $19.27. The stock has a market capitalization of $6.33 billion, a price-to-earnings ratio of -19.07, a price-to-earnings-growth ratio of 1.35 and a beta of 1.52. Read more …

 

 

DTE Energy (NYSE:DTE) was upgraded by The Goldman Sachs Group from a “buy” rating to a “conviction-buy” rating in a report issued on Tuesday, The Fly reports.

DTE has been the topic of a number of other reports. KeyCorp reaffirmed a “sector weight” rating on shares of DTE Energy in a research report on Tuesday, April 27th. Morgan Stanley lowered their target price on DTE Energy from $142.00 to $122.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 8th. Mizuho lowered their target price on DTE Energy from $146.00 to $123.00 and set a “buy” rating on the stock in a research report on Friday. Bank of America reiterated an “underperform” rating and set a $131.00 price target on shares of DTE Energy in a report on Monday, May 10th. Finally, UBS Group upgraded DTE Energy from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $144.00 to $127.00 in a report on Tuesday, July 6th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $131.50. Read more …

Notable Analyst Upgrades and Downgrades for Week of July 5, 2021

 

Upgrades:

 

American Express (NYSE:AXP) was upgraded by investment analysts at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued on Tuesday, Price Targets.com reports.

Several other brokerages have also weighed in on AXP. Deutsche Bank Aktiengesellschaft raised their target price on American Express from $131.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, April 26th. Oppenheimer lifted their price target on American Express from $128.00 to $165.00 and gave the stock an “outperform” rating in a research report on Monday, April 26th. Wells Fargo & Company lifted their price target on American Express from $165.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, June 7th. Morgan Stanley lifted their price target on American Express from $166.00 to $171.00 and gave the stock an “overweight” rating in a research report on Monday, April 26th. Finally, Credit Suisse Group lifted their price target on American Express from $122.00 to $135.00 and gave the stock an “underperform” rating in a research report on Friday, July 2nd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. American Express currently has a consensus rating of “Hold” and a consensus price target of $142.47. Read more …

 

Dominion Energy (NYSE:D) was upgraded by Scotiabank from a "sector perform" rating to a "sector outperform" rating in a research note issued on Tuesday, The Fly reports. The firm presently has a $92.00 price objective on the utilities provider's stock, up from their previous price objective of $88.00. Scotiabank's target price points to a potential upside of 23.97% from the company's previous close. The analysts noted that the move was a valuation call.

Several other equities research analysts have also recently commented on the company. KeyCorp raised their target price on Dominion Energy from $80.00 to $82.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 21st. TheStreet raised Dominion Energy from a "c+" rating to a "b-" rating in a research note on Thursday, April 22nd. Zacks Investment Research cut Dominion Energy from a "hold" rating to a "sell" rating and set a $80.00 price objective for the company. in a research note on Wednesday, April 7th. Mizuho raised their price objective on Dominion Energy from $76.00 to $80.00 and gave the company a "neutral" rating in a research note on Thursday, June 17th. Finally, Credit Suisse Group raised their price objective on Dominion Energy from $80.00 to $90.00 and gave the company an "outperform" rating in a research note on Wednesday, April 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. The company presently has an average rating of "Buy" and an average target price of $83.75. Read more …

 

DTE Energy (NYSE:DTE) was upgraded by equities researchers at UBS Group from a “neutral” rating to a “buy” rating in a report released on Tuesday, The Fly reports. The brokerage presently has a $127.00 target price on the utilities provider’s stock, down from their previous target price of $144.00. UBS Group’s price target points to a potential upside of 13.66% from the stock’s previous close. The analysts noted that the move was a valuation call.

Other analysts have also recently issued reports about the stock. Wells Fargo & Company upped their price target on shares of DTE Energy from $148.00 to $151.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 28th. Wolfe Research reaffirmed a “peer perform” rating and set a $139.00 price target (up from $128.00) on shares of DTE Energy in a research report on Monday, April 26th. Bank of America reaffirmed an “underperform” rating and set a $131.00 price target on shares of DTE Energy in a research report on Monday, May 10th. Evercore ISI upped their price objective on shares of DTE Energy from $134.00 to $140.00 and gave the company an “in-line” rating in a research report on Thursday, April 29th. Finally, Morgan Stanley decreased their price objective on shares of DTE Energy from $148.00 to $142.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $134.14. Read more …

 

 

ABB (NYSE:ABB) was upgraded by stock analysts at The Goldman Sachs Group from a “buy” rating to a “conviction-buy” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Other analysts also recently issued research reports about the stock. Barclays reaffirmed an “equal weight” rating on shares of ABB in a report on Thursday, July 1st. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of ABB in a report on Tuesday, June 29th. UBS Group reaffirmed a “buy” rating on shares of ABB in a report on Wednesday, April 28th. Morgan Stanley reaffirmed an “underweight” rating on shares of ABB in a report on Wednesday, April 28th. Finally, HSBC raised shares of ABB from a “hold” rating to a “buy” rating in a report on Thursday, May 27th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $33.33. Read more …

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

 

Upgrades:

 

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

A number of other research analysts have also weighed in on the company. BMO Capital Markets raised their target price on Albemarle from $115.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, November 6th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lowered Albemarle from a "buy" rating to a "neutral" rating and raised their target price for the company from $132.00 to $175.00 in a report on Wednesday, January 6th. HSBC upgraded Albemarle from a "hold" rating to a "buy" rating and set a $121.00 target price on the stock in a report on Wednesday, October 21st. Argus raised their target price on Albemarle from $98.00 to $140.00 and gave the company a "buy" rating in a report on Friday, November 13th. Finally, Morgan Stanley raised their target price on Albemarle from $40.00 to $50.00 and gave the company an "underweight" rating in a report on Friday, November 6th. Seven research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company's stock. Albemarle presently has a consensus rating of "Hold" and an average price target of $110.75. Read more …

 

Eaton (NYSE:ETN) was upgraded by equities research analysts at HSBC from a “hold” rating to a “buy” rating in a research report issued on Tuesday, The Fly reports.

Several other analysts also recently issued reports on the stock. Argus upped their price objective on shares of Eaton from $120.00 to $130.00 in a report on Thursday, December 10th. Robert W. Baird upped their price objective on shares of Eaton from $119.00 to $120.00 and gave the stock a “neutral” rating in a report on Tuesday, February 2nd. Royal Bank of Canada upped their price objective on shares of Eaton from $112.00 to $119.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 3rd. They noted that the move was a valuation call. Barclays upped their price objective on shares of Eaton from $95.00 to $105.00 in a report on Thursday, November 5th. Finally, Bank of America raised shares of Eaton from a “neutral” rating to a “buy” rating and set a $135.00 price objective for the company in a report on Wednesday, November 11th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Eaton has an average rating of “Buy” and a consensus price target of $118.00. Read more …

 

Southern Copper (NYSE:SCCO) was upgraded by equities researchers at Citigroup from a "sell" rating to a "neutral" rating in a report issued on Tuesday, Price Targets.com reports. The brokerage presently has a $70.00 price objective on the basic materials company's stock. Citigroup's price target points to a potential downside of 3.39% from the company's current price.

Other equities research analysts have also issued reports about the stock. Barclays started coverage on shares of Southern Copper in a report on Wednesday, January 6th. They set an "underweight" rating and a $54.00 price objective on the stock. UBS Group lowered shares of Southern Copper from a "buy" rating to a "neutral" rating and upped their price target for the company from $49.00 to $60.00 in a report on Wednesday, December 9th. Finally, HSBC lowered shares of Southern Copper from a "hold" rating to a "reduce" rating and set a $48.50 target price on the stock in a research note on Tuesday, December 1st. Fife investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company's stock. The stock has a consensus rating of "Sell" and a consensus target price of $46.39. Read more …

 

 

Bank of Montreal (NYSE:BMO) (TSE:BMO) was upgraded by equities research analysts at Scotiabank from a “sector perform” rating to a “sector outperform” rating in a report issued on Wednesday, Briefing.com reports.

Several other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Bank of Montreal from a “buy” rating to a “hold” rating in a report on Wednesday, February 3rd. BMO Capital Markets lifted their price target on shares of Bank of Montreal from $93.00 to $102.00 and gave the company a “sector perform” rating in a report on Monday, January 11th. Canaccord Genuity reiterated a “buy” rating on shares of Bank of Montreal in a research report on Wednesday, December 2nd. Royal Bank of Canada restated a “market perform” rating on shares of Bank of Montreal in a report on Wednesday, December 2nd. Finally, Barclays boosted their price objective on shares of Bank of Montreal from $88.00 to $96.00 and gave the company an “underweight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. Bank of Montreal presently has an average rating of “Hold” and a consensus price target of $86.11. Read more …

Week's Most Significant Insider Trades: Week of December 7, 2020

 

Disposals:

 

The Western Union Company (NYSE:WU) insider Richard L. Williams sold 15,000 shares of the business’s stock in a transaction on Friday, December 4th. The stock was sold at an average price of $21.92, for a total value of $328,800.00. Following the sale, the insider now owns 129,947 shares of the company’s stock, valued at approximately $2,848,438.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of WU stock traded up $0.07 on Tuesday, hitting $21.80. 3,928,124 shares of the stock were exchanged, compared to its average volume of 6,116,995. The firm has a market capitalization of $8.96 billion, a P/E ratio of 14.94, a price-to-earnings-growth ratio of 0.47 and a beta of 0.88. The business has a 50-day moving average of $21.40 and a 200 day moving average of $22.06. The Western Union Company has a fifty-two week low of $17.39 and a fifty-two week high of $28.44. Read more …

 

Dominion Energy, Inc. (NYSE:D) Chairman Thomas F. Farrell II sold 50,000 shares of the stock in a transaction that occurred on Monday, December 7th. The shares were sold at an average price of $75.87, for a total value of $3,793,500.00. Following the transaction, the chairman now directly owns 901,144 shares of the company’s stock, valued at $68,369,795.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of NYSE D traded down $1.39 during midday trading on Tuesday, hitting $74.75. The company’s stock had a trading volume of 8,737,890 shares, compared to its average volume of 4,071,550. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 1.29. The business’s 50 day moving average is $81.14 and its two-hundred day moving average is $80.38. Dominion Energy, Inc. has a 12-month low of $57.79 and a 12-month high of $90.89. The firm has a market cap of $60.98 billion, a P/E ratio of -3,747.50, a price-to-earnings-growth ratio of 5.94 and a beta of 0.37. Read more …

 

International Paper (NYSE:IP) SVP John V. Sims sold 8,627 shares of the stock in a transaction that occurred on Wednesday, December 9th. The stock was sold at an average price of $49.49, for a total value of $426,950.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of IP stock traded up $0.45 during trading hours on Wednesday, reaching $49.54. The company had a trading volume of 2,616,914 shares, compared to its average volume of 3,192,156. The company has a market cap of $19.47 billion, a price-to-earnings ratio of 39.63 and a beta of 1.11. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.33 and a quick ratio of 1.09. International Paper has a 12 month low of $26.38 and a 12 month high of $51.99. The business has a fifty day simple moving average of $47.80 and a 200-day simple moving average of $40.07.  Read more …

 

 

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Alexander H. Rogers sold 35,102 shares of the stock in a transaction that occurred on Tuesday, December 8th. The stock was sold at an average price of $157.17, for a total value of $5,516,981.34. Following the completion of the transaction, the executive vice president now owns 64,365 shares in the company, valued at approximately $10,116,247.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Alexander H. Rogers also recently made the following trade(s):

On Friday, October 2nd, Alexander H. Rogers sold 8,491 shares of QUALCOMM stock. The stock was sold at an average price of $116.78, for a total value of $991,578.98.

Shares of QCOM traded up $0.78 during mid-day trading on Tuesday, hitting $158.80. The company’s stock had a trading volume of 6,081,996 shares, compared to its average volume of 9,945,300. QUALCOMM Incorporated has a one year low of $58.00 and a one year high of $159.29. The company has a debt-to-equity ratio of 4.67, a quick ratio of 1.67 and a current ratio of 1.97. The firm has a market capitalization of $179.60 billion, a PE ratio of 67.05, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. The stock’s 50-day moving average is $139.53 and its two-hundred day moving average is $111.89. Read more …