Showing posts with label SON. Show all posts
Showing posts with label SON. Show all posts

April 23, 2022

Dividend Increases Week 16



 

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, 11 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period. This is the first part of the week’s notifications.

December 24, 2021

Notable Analyst Upgrades and Downgrades for Week of December 20 2021



 

Upgrades:

 


Dover (NYSE:DOV) was upgraded by research analysts at Wells Fargo & Company from an "underweight" rating to an "equal weight" rating in a report released on Monday, The Fly reports.

Several other equities analysts have also issued reports on the company. Royal Bank of Canada lifted their price target on Dover from $163.00 to $171.00 and gave the stock a "sector perform" rating in a research report on Wednesday, October 20th. Morgan Stanley lifted their price target on Dover from $173.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 20th. Citigroup lifted their price target on Dover from $185.00 to $196.00 and gave the stock a "buy" rating in a research report on Wednesday, October 20th. Deutsche Bank Aktiengesellschaft lowered their price target on Dover from $187.00 to $178.00 and set a "hold" rating for the company in a research report on Friday, December 10th. Finally, JPMorgan Chase & Co. lifted their price target on Dover from $178.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 20th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Dover currently has a consensus rating of "Hold" and a consensus target price of $177.08. Read more …

 


Federal Realty Investment Trust (NYSE:FRT) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a report released on Monday, The Fly reports. The firm currently has a $142.00 price target on the real estate investment trust's stock, up from their prior price target of $135.00. JPMorgan Chase & Co.'s target price suggests a potential upside of 9.64% from the company's current price.

FRT has been the topic of a number of other reports. Citigroup lifted their target price on shares of Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a "neutral" rating in a report on Thursday, December 2nd. Truist Securities boosted their target price on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a "hold" rating in a research report on Friday, December 10th. TheStreet upgraded shares of Federal Realty Investment Trust from a "c+" rating to a "b" rating in a research report on Thursday, November 4th. Truist boosted their price objective on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a "hold" rating in a research report on Friday, December 10th. Finally, BMO Capital Markets upgraded shares of Federal Realty Investment Trust from a "market perform" rating to an "outperform" rating and set a $145.00 price objective on the stock in a research report on Wednesday, December 1st. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $126.15. Read more …

 


Public Storage (NYSE:PSA) was upgraded by equities research analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Monday, The Fly reports. The brokerage presently has a $385.00 price objective on the real estate investment trust's stock, up from their previous price objective of $359.00. JPMorgan Chase & Co.'s target price would suggest a potential upside of 6.43% from the stock's current price.

Several other equities analysts have also commented on the stock. Morgan Stanley increased their price objective on shares of Public Storage from $322.00 to $333.00 and gave the company an "equal weight" rating in a research report on Monday, November 29th. Berenberg Bank began coverage on shares of Public Storage in a research report on Thursday, October 7th. They issued a "hold" rating and a $321.00 price objective for the company. Raymond James raised shares of Public Storage from an "outperform" rating to a "strong-buy" rating and increased their price objective for the company from $350.00 to $375.00 in a research report on Thursday, December 2nd. Zacks Investment Research lowered shares of Public Storage from a "buy" rating to a "hold" rating and set a $349.00 price target for the company. in a research report on Friday, November 12th. Finally, Truist raised their price target on shares of Public Storage from $325.00 to $353.00 and gave the stock a "buy" rating in a research report on Thursday, December 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Public Storage presently has an average rating of "Hold" and a consensus target price of $337.54. Read more …

 

 


AT&T (NYSE:T) was upgraded by equities research analysts at Barclays from an “equal weight” rating to an “overweight” rating in a report issued on Monday, The Fly reports. The brokerage presently has a $30.00 price target on the technology company’s stock. Barclays‘s target price suggests a potential upside of 26.16% from the company’s previous close.

Several other brokerages have also commented on T. Truist Securities restated a “hold” rating and issued a $26.00 price objective on shares of AT&T in a report on Monday, December 6th. Morgan Stanley upgraded shares of AT&T from an “equal weight” rating to an “overweight” rating and decreased their price objective for the stock from $32.00 to $28.00 in a report on Thursday. Loop Capital initiated coverage on shares of AT&T in a research note on Monday, September 20th. They issued a “hold” rating and a $30.00 price target for the company. Truist reiterated a “hold” rating and issued a $26.00 price target on shares of AT&T in a research note on Monday, December 6th. Finally, Citigroup decreased their price target on shares of AT&T from $31.00 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, December 7th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $30.30. Read more …

April 10, 2021

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

 


Upgrades:

 


The Charles Schwab (NYSE:SCHW) was upgraded by analysts at The Goldman Sachs Group from a “buy” rating to a “conviction-buy” rating in a note issued to investors on Monday, The Fly reports.

Several other research analysts have also recently weighed in on SCHW. JPMorgan Chase & Co. assumed coverage on The Charles Schwab in a research report on Thursday, March 4th. They issued an “overweight” rating on the stock. Wolfe Research raised The Charles Schwab from an “underperform” rating to a “market perform” rating and set a $67.00 price objective on the stock in a research report on Monday, February 22nd. Zacks Investment Research cut The Charles Schwab from a “buy” rating to a “hold” rating and set a $68.00 price objective on the stock. in a research report on Tuesday, March 9th. Wells Fargo & Company boosted their target price on The Charles Schwab from $60.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, January 20th. Finally, Morgan Stanley boosted their target price on The Charles Schwab from $76.00 to $83.00 and gave the company an “overweight” rating in a research note on Wednesday, March 31st. Seven equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $57.14. Read more …

 


Freeport-McMoRan (NYSE:FCX) was upgraded by stock analysts at Raymond James from a "market perform" rating to an "outperform" rating in a research note issued to investors on Tuesday, Briefing.com reports. The firm presently has a $41.00 price target on the natural resource company's stock. Raymond James' price objective would suggest a potential upside of 15.95% from the company's current price.

Several other equities analysts also recently issued reports on the stock. B. Riley increased their price objective on shares of Freeport-McMoRan from $32.00 to $42.00 and gave the company a "buy" rating in a report on Tuesday, February 23rd. TheStreet upgraded Freeport-McMoRan from a "c" rating to a "b-" rating in a report on Tuesday, January 26th. Deutsche Bank Aktiengesellschaft increased their target price on Freeport-McMoRan from $20.00 to $33.00 and gave the company a "buy" rating in a report on Wednesday, January 13th. Morgan Stanley reaffirmed an "equal weight" rating on shares of Freeport-McMoRan in a research note on Tuesday, March 30th. Finally, Johnson Rice initiated coverage on Freeport-McMoRan in a research note on Wednesday, December 16th. They issued a "buy" rating for the company. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. Freeport-McMoRan presently has an average rating of "Buy" and an average price target of $24.38. Read more …

 


ViacomCBS (NASDAQ:VIAC) was upgraded by Wolfe Research from a "peer perform" rating to an "outperform" rating in a report released on Wednesday, Price Targets.com reports. The brokerage presently has a $70.00 target price on the stock, down from their previous target price of $80.00. Wolfe Research's target price points to a potential upside of 59.49% from the company's previous close.

VIAC has been the topic of several other reports. BMO Capital Markets upgraded shares of ViacomCBS from an "underperform" rating to a "market perform" rating and set a $70.00 price target on the stock in a research note on Monday, March 29th. Loop Capital raised shares of ViacomCBS from a "sell" rating to a "hold" rating and set a $48.00 target price for the company in a report on Monday, March 29th. Citigroup downgraded shares of ViacomCBS from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $42.00 to $49.00 in a report on Monday, February 1st. Morgan Stanley boosted their target price on shares of ViacomCBS from $35.00 to $55.00 and gave the company an "equal weight" rating in a research report on Thursday, February 25th. Finally, Needham & Company LLC boosted their target price on shares of ViacomCBS from $55.00 to $80.00 and gave the company a "buy" rating in a research report on Wednesday, March 3rd. Eight equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company's stock. The company has a consensus rating of "Hold" and a consensus target price of $47.46. Read more …

 

 


Tractor Supply (NASDAQ:TSCO) was upgraded by equities research analysts at Guggenheim from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports.

TSCO has been the topic of several other research reports. The Goldman Sachs Group boosted their target price on shares of Tractor Supply from $170.00 to $188.00 and gave the stock a “buy” rating in a report on Thursday, February 25th. Telsey Advisory Group boosted their target price on shares of Tractor Supply from $165.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, January 29th. Royal Bank of Canada boosted their target price on shares of Tractor Supply from $168.00 to $175.00 in a report on Thursday, January 21st. Morgan Stanley boosted their target price on shares of Tractor Supply from $155.00 to $156.00 and gave the stock an “equal weight” rating in a report on Friday, January 29th. Finally, Raymond James upped their price target on shares of Tractor Supply from $170.00 to $175.00 and gave the company a “strong-buy” rating in a research note on Friday, January 29th. Eighteen analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $148.54. Read more …

October 23, 2020

Notable Analyst Upgrades and Downgrades for Week of October 19, 2020

 


Upgrades:

 


Franklin Resources (NYSE:BEN) was upgraded by analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a report issued on Monday, Briefing.com reports. The firm presently has a $28.00 target price on the closed-end fund’s stock, up from their previous target price of $24.00. Keefe, Bruyette & Woods’ price target points to a potential upside of 19.20% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Credit Suisse Group reaffirmed a “sell” rating and set a $20.00 price target on shares of Franklin Resources in a research note on Friday, September 11th. Zacks Investment Research downgraded shares of Franklin Resources from a “strong-buy” rating to a “hold” rating and set a $22.00 price target on the stock. in a research note on Wednesday, August 5th. Citigroup upped their price target on shares of Franklin Resources from $20.00 to $22.75 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Morgan Stanley started coverage on shares of Franklin Resources in a research note on Thursday, September 3rd. They set an “underweight” rating and a $20.00 price target on the stock. Finally, Barclays reissued a “sell” rating and issued a $19.00 target price on shares of Franklin Resources in a research note on Friday, July 17th. Six analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $22.67. Read more …

 


Kansas City Southern (NYSE:KSU) was upgraded by BMO Capital Markets from a “market perform” rating to an “outperform” rating in a report issued on Monday, Anlyst Ratings reports. The firm presently has a $205.00 price target on the transportation company’s stock, up from their previous price target of $200.00. BMO Capital Markets’ price objective would suggest a potential upside of 14.52% from the company’s current price.

KSU has been the topic of a number of other reports. Stifel Nicolaus cut Kansas City Southern from a “buy” rating to a “hold” rating and set a $162.00 price target on the stock. in a research report on Wednesday, August 5th. Bank of America increased their target price on Kansas City Southern from $203.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Morgan Stanley upped their price target on shares of Kansas City Southern from $136.00 to $138.00 and gave the stock an “equal weight” rating in a research note on Monday, October 5th. Credit Suisse Group restated a “buy” rating on shares of Kansas City Southern in a research note on Friday, August 7th. Finally, Barclays upped their target price on shares of Kansas City Southern from $150.00 to $175.00 in a research note on Monday, September 14th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Kansas City Southern presently has an average rating of “Hold” and an average target price of $171.40. Read more …

 


Archer Daniels Midland (NYSE:ADM) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research report issued on Monday, Anlyst Ratings reports. The firm presently has a $60.00 price target on the stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 20.51% from the company's previous close.

A number of other equities research analysts have also recently commented on ADM. Stifel Nicolaus reduced their target price on shares of Archer Daniels Midland from $48.00 to $47.00 and set a "buy" rating for the company in a research report on Tuesday, June 30th. Credit Suisse Group cut shares of Archer Daniels Midland from a "neutral" rating to an "underperform" rating and reduced their target price for the company from $40.00 to $39.00 in a research report on Monday, July 27th. Stephens started coverage on shares of Archer Daniels Midland in a research report on Thursday, July 9th. They issued a "buy" rating and a $52.00 target price for the company. Morgan Stanley increased their target price on shares of Archer Daniels Midland from $40.00 to $45.00 and gave the company an "equal weight" rating in a research report on Monday, August 10th. Finally, Seaport Global Securities started coverage on shares of Archer Daniels Midland in a research report on Tuesday, July 28th. They issued a "buy" rating and a $51.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company's stock. The company presently has an average rating of "Hold" and an average target price of $46.20. Read more …

 

 


Bristol-Myers Squibb (NYSE:BMY) was upgraded by analysts at Guggenheim from a “neutral” rating to a “buy” rating in a research report issued on Monday, Briefing.com reports. The firm currently has a $70.00 price target on the biopharmaceutical company’s stock. Guggenheim’s target price would indicate a potential upside of 14.30% from the company’s previous close.

A number of other research firms have also issued reports on BMY. Cfra restated a “buy” rating and set a $70.00 price objective on shares of Bristol-Myers Squibb in a research report on Sunday, July 26th. Berenberg Bank started coverage on Bristol-Myers Squibb in a research note on Tuesday, September 29th. They set a “buy” rating and a $73.00 target price on the stock. Seaport Global Securities started coverage on Bristol-Myers Squibb in a research note on Tuesday, July 28th. They set an “outperform” rating and a $75.00 target price on the stock. Raymond James reaffirmed a “buy” rating on shares of Bristol-Myers Squibb in a research note on Friday, September 25th. Finally, Morgan Stanley lifted their target price on Bristol-Myers Squibb from $64.00 to $66.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $70.94. Read more …

 

May 23, 2020

Notable Analyst Upgrades and Downgrades for Week of May 18, 2020



Upgrades:


Kraft Heinz (NASDAQ:KHC) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage presently has a $38.00 price target on the stock, up from their prior price target of $32.00. Bank of America‘s target price would suggest a potential upside of 23.79% from the stock’s previous close.

KHC has been the topic of several other reports. TheStreet raised Kraft Heinz from a “d+” rating to a “c-” rating in a research report on Thursday, February 13th. ValuEngine downgraded Kraft Heinz from a “hold” rating to a “sell” rating in a research note on Thursday, April 2nd. Guggenheim upgraded Kraft Heinz from a “sell” rating to a “neutral” rating and set a $22.00 target price for the company in a research note on Friday, March 20th. DZ Bank upgraded Kraft Heinz from a “sell” rating to a “hold” rating and set a $27.00 target price for the company in a research note on Tuesday, April 21st. Finally, BidaskClub upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Wednesday, March 18th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $30.39. Read more …

Williams-Sonoma (NYSE:WSM) was upgraded by research analysts at Wedbush from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday, The Fly reports. The brokerage currently has a $80.00 price objective on the specialty retailer’s stock, up from their prior price objective of $46.00. Wedbush’s price objective suggests a potential upside of 20.26% from the stock’s current price.

Several other research analysts have also commented on WSM. ValuEngine lowered Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Thursday, April 2nd. Barclays raised their target price on Williams-Sonoma from $43.00 to $72.00 and gave the company an “overweight” rating in a research note on Thursday. Robert W. Baird lowered their target price on Williams-Sonoma from $70.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday, March 19th. Telsey Advisory Group lowered their target price on Williams-Sonoma from $80.00 to $60.00 and set a “market perform” rating for the company in a research note on Monday, March 16th. Finally, Loop Capital lowered their target price on Williams-Sonoma from $70.00 to $40.00 and set a “hold” rating for the company in a research note on Friday, March 20th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the stock. Williams-Sonoma currently has an average rating of “Hold” and a consensus price target of $60.00. Read more …

Union Pacific (NYSE:UNP) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, Briefing.com Automated Import reports. The firm presently has a $181.00 target price on the railroad operator’s stock, up from their previous target price of $156.00. UBS Group’s price target indicates a potential upside of 13.65% from the stock’s previous close.

A number of other research firms have also commented on UNP. Cfra reduced their target price on Union Pacific from $190.00 to $172.00 and set a “hold” rating for the company in a report on Friday, April 24th. Benchmark decreased their target price on Union Pacific from $206.00 to $165.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Raymond James dropped their price target on shares of Union Pacific from $212.00 to $185.00 and set a “strong-buy” rating on the stock in a report on Friday, April 17th. Evercore ISI assumed coverage on Union Pacific in a report on Thursday, March 26th. They issued an “outperform” rating and a $174.00 target price on the stock. Finally, Barclays dropped their price target on Union Pacific from $200.00 to $140.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. Eleven analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Union Pacific has an average rating of “Buy” and a consensus price target of $172.00. Read more …


Sonoco Products (NYSE:SON) was upgraded by stock analysts at Wells Fargo & Co from an “equal weight” rating to an “overweight” rating in a research note issued on Thursday, Marketbeat.com reports. The firm currently has a $60.00 price objective on the industrial products company’s stock, up from their prior price objective of $48.00. Wells Fargo & Co‘s price objective indicates a potential upside of 25.18% from the company’s current price.


Other research analysts have also issued research reports about the stock. Argus raised shares of Sonoco Products from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Wednesday, April 22nd. Robert W. Baird cut their target price on shares of Sonoco Products from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Deutsche Bank cut their target price on shares of Sonoco Products from $61.00 to $52.00 and set a “hold” rating for the company in a research report on Thursday, April 16th. DA Davidson raised shares of Sonoco Products from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Friday, April 17th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Sonoco Products in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $55.57. Read more …