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 August 2, 2021

 

Upgrades:

 

AllianceBernstein (NYSE:AB) was upgraded by investment analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued on Monday, The Fly reports. The brokerage presently has a $54.50 target price on the asset manager’s stock, up from their prior target price of $44.00. Citigroup’s price objective points to a potential upside of 12.91% from the company’s current price.

Several other equities research analysts also recently issued reports on the stock. Sanford C. Bernstein downgraded shares of AllianceBernstein from a “buy” rating to a “neutral” rating in a research report on Friday, April 9th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $42.00 target price on shares of AllianceBernstein in a report on Tuesday, April 13th. Zacks Investment Research cut shares of AllianceBernstein from a “buy” rating to a “hold” rating in a report on Tuesday, July 27th. Finally, Bank of America restated a “neutral” rating and set a $42.00 target price on shares of AllianceBernstein in a report on Thursday, April 15th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. AllianceBernstein currently has an average rating of “Hold” and a consensus price target of $44.36. Read more …

 

Welltower (NYSE:WELL) was upgraded by equities research analysts at Berenberg Bank from a "hold" rating to a "buy" rating in a note issued to investors on Tuesday, The Fly reports. The brokerage currently has a $100.00 price objective on the real estate investment trust's stock. Berenberg Bank's target price indicates a potential upside of 15.92% from the stock's previous close.

Other equities analysts also recently issued research reports about the company. Wells Fargo & Company boosted their price target on Welltower from $78.00 to $89.00 and gave the stock an "equal weight" rating in a research report on Friday, July 23rd. Mizuho began coverage on Welltower in a research report on Wednesday, July 14th. They set a "neutral" rating and a $68.00 price target on the stock. Morgan Stanley boosted their price target on Welltower from $79.00 to $86.00 and gave the stock an "overweight" rating in a research report on Monday, July 26th. Capital One Financial raised Welltower from an "equal weight" rating to an "overweight" rating in a research report on Friday, May 21st. Finally, Wolfe Research began coverage on Welltower in a research report on Monday, June 14th. They set an "outperform" rating and a $94.00 price target on the stock. Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of "Buy" and a consensus price target of $79.67. Read more …

 

Simon Property Group (NYSE:SPG) was upgraded by equities researchers at Bank of America from a "neutral" rating to a "buy" rating in a note issued to investors on Wednesday, The Fly reports.

Several other brokerages have also recently weighed in on SPG. Truist Securities boosted their price objective on Simon Property Group from $102.00 to $130.00 and gave the stock a "hold" rating in a report on Wednesday, June 23rd. UBS Group assumed coverage on Simon Property Group in a report on Thursday, June 3rd. They set a "neutral" rating and a $135.00 price objective for the company. BMO Capital Markets reissued a "hold" rating on shares of Simon Property Group in a report on Thursday, May 20th. Truist upped their price target on Simon Property Group from $102.00 to $130.00 and gave the company a "hold" rating in a research note on Wednesday, June 23rd. Finally, Stifel Nicolaus raised Simon Property Group from a "hold" rating to a "buy" rating and upped their price target for the company from $125.00 to $132.00 in a research note on Monday, July 19th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company. Simon Property Group has an average rating of "Hold" and an average price target of $128.13. Read more …

 

 

Novo Nordisk A/S (NYSE:NVO) was upgraded by analysts at DNB Markets from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, The Fly reports.

NVO has been the topic of a number of other reports. Barclays reiterated an “overweight” rating on shares of Novo Nordisk A/S in a report on Monday, July 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Novo Nordisk A/S in a report on Tuesday. Finally, Zacks Investment Research upgraded shares of Novo Nordisk A/S from a “sell” rating to a “hold” rating and set a $91.00 price target on the stock in a report on Tuesday, July 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. Novo Nordisk A/S currently has a consensus rating of “Hold” and a consensus price target of $91.00. Read more …

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

 

Upgrades:

 

QUALCOMM (NASDAQ:QCOM) was upgraded by The Goldman Sachs Group from a "sell" rating to a "neutral" rating in a note issued to investors on Monday, The Fly reports.

Several other research firms also recently weighed in on QCOM. Susquehanna Bancshares downgraded QUALCOMM to a "neutral" rating and cut their target price for the company from $175.00 to $155.00 in a research report on Monday, April 19th. Mizuho boosted their target price on QUALCOMM from $170.00 to $175.00 and gave the company a "buy" rating in a research report on Thursday, April 29th. Morgan Stanley boosted their target price on QUALCOMM from $167.00 to $173.00 and gave the company an "overweight" rating in a research report on Thursday, April 29th. Evercore ISI reissued an "in-line" rating and set a $150.00 target price (down previously from $195.00) on shares of QUALCOMM in a research report on Monday, April 19th. Finally, Piper Sandler boosted their target price on QUALCOMM from $160.00 to $175.00 and gave the company an "overweight" rating in a research report on Thursday, April 29th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company's stock. The stock has an average rating of "Buy" and a consensus target price of $165.96. Read more …

 

Simon Property Group (NYSE:SPG) was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

A number of other equities analysts have also recently commented on SPG. Morgan Stanley boosted their price target on shares of Simon Property Group from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Friday, June 11th. They noted that the move was a valuation call. Scotiabank boosted their price objective on shares of Simon Property Group from $117.00 to $138.00 and gave the stock a “sector perform” rating in a report on Monday, June 28th. UBS Group assumed coverage on shares of Simon Property Group in a report on Thursday, June 3rd. They issued a “neutral” rating and a $135.00 price objective for the company. Mizuho boosted their price objective on shares of Simon Property Group from $97.00 to $133.00 and gave the stock a “neutral” rating in a report on Tuesday, May 11th. Finally, BMO Capital Markets restated a “hold” rating on shares of Simon Property Group in a report on Thursday, May 20th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $127.69. Read more …

 

International Business Machines (NYSE:IBM) was upgraded by equities research analysts at Societe Generale from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, The Fly reports. The brokerage presently has a $140.00 target price on the technology company’s stock, up from their prior target price of $121.00. Societe Generale’s price target would indicate a potential upside of 1.51% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. Credit Suisse Group lifted their price objective on International Business Machines from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 20th. Stifel Nicolaus raised their target price on International Business Machines from $147.00 to $151.00 and gave the company a “buy” rating in a research note on Tuesday, April 20th. Morgan Stanley raised their target price on International Business Machines from $150.00 to $152.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 20th. Finally, BMO Capital Markets raised their target price on International Business Machines from $150.00 to $155.00 and gave the company a “market perform” rating in a research note on Friday. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $145.91. Read more …

 

 

Halliburton (NYSE:HAL) was upgraded by investment analysts at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage presently has a $26.00 price objective on the oilfield services company’s stock. The Goldman Sachs Group’s target price indicates a potential upside of 29.55% from the company’s previous close.

HAL has been the subject of a number of other research reports. Barclays raised shares of Halliburton from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $21.00 to $29.00 in a report on Monday, May 3rd. Zacks Investment Research raised shares of Halliburton from a “hold” rating to a “strong-buy” rating and set a $24.00 target price for the company in a report on Monday, April 12th. Morgan Stanley increased their target price on shares of Halliburton from $23.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, July 9th. Credit Suisse Group raised their price objective on shares of Halliburton from $16.00 to $16.50 and gave the company a “neutral” rating in a report on Thursday, April 22nd. Finally, Atb Cap Markets upgraded shares of Halliburton from a “sector perform” rating to an “outperform” rating in a report on Wednesday, April 21st. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $21.80. Read more …

Notable Analyst Upgrades and Downgrades for Week of April 26, 2021

 

Upgrades:

 

Simon Property Group (NYSE:SPG) was upgraded by equities research analysts at Evercore ISI from an "in-line" rating to an "outperform" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm presently has a $128.00 price objective on the real estate investment trust's stock, up from their previous price objective of $112.00. Evercore ISI's price target indicates a potential upside of 9.48% from the company's previous close.

A number of other research firms also recently commented on SPG. Mizuho increased their price objective on shares of Simon Property Group from $74.00 to $97.00 and gave the company a "neutral" rating in a report on Tuesday, February 9th. Piper Sandler upped their price objective on shares of Simon Property Group from $115.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, March 11th. Zacks Investment Research raised shares of Simon Property Group from a "sell" rating to a "hold" rating and set a $92.00 target price on the stock in a research note on Monday, January 11th. Morgan Stanley boosted their target price on shares of Simon Property Group from $125.00 to $135.00 and gave the company an "overweight" rating in a report on Tuesday, April 13th. Finally, BTIG Research raised their price target on shares of Simon Property Group from $99.00 to $125.00 and gave the stock a "buy" rating in a report on Tuesday, February 9th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company. Simon Property Group has a consensus rating of "Hold" and a consensus price target of $105.94. Read more …

 

Brookfield Renewable (NYSE:BEPC) was upgraded by research analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Monday, The Fly reports. The firm presently has a $53.00 price target on the stock, up from their previous price target of $47.00. Wells Fargo & Company‘s price objective suggests a potential upside of 20.65% from the company’s current price.

Separately, JPMorgan Chase & Co. initiated coverage on shares of Brookfield Renewable in a research note on Wednesday, March 31st. They set a “neutral” rating and a $49.00 target price for the company.

NYSE:BEPC opened at $43.93 on Monday. Brookfield Renewable has a one year low of $26.67 and a one year high of $63.31. The company has a fifty day moving average price of $45.37 and a 200 day moving average price of $57.13. Read more …

 

Weyerhaeuser (NYSE:WY) was upgraded by equities research analysts at Raymond James from an "outperform" rating to a "strong-buy" rating in a report issued on Monday, Price Targets.com reports.

Separately, DA Davidson increased their target price on shares of Weyerhaeuser from $29.00 to $34.00 in a research note on Monday, February 1st. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Weyerhaeuser currently has a consensus rating of "Buy" and an average price target of $31.38.

NYSE WY traded up $0.61 on Monday, hitting $39.99. The stock had a trading volume of 166,179 shares, compared to its average volume of 4,538,245. Weyerhaeuser has a 52-week low of $16.05 and a 52-week high of $39.88. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.72 and a current ratio of 2.28. The company has a market capitalization of $29.94 billion, a price-to-earnings ratio of 96.05 and a beta of 1.96. The firm has a 50-day moving average of $36.48 and a 200-day moving average of $32.90. Read more …

 

 

ViacomCBS (NASDAQ:VIAC) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other equities analysts have also issued reports on VIAC. Evercore ISI boosted their target price on shares of ViacomCBS from $40.00 to $50.00 in a report on Thursday, February 25th. Barrington Research downgraded shares of ViacomCBS from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 25th. Barclays downgraded shares of ViacomCBS from an “overweight” rating to an “underweight” rating and decreased their target price for the stock from $36.00 to $35.00 in a research report on Tuesday, January 19th. Gabelli raised shares of ViacomCBS from a “hold” rating to a “buy” rating in a research report on Tuesday, March 30th. Finally, BMO Capital Markets raised shares of ViacomCBS from an “underperform” rating to a “market perform” rating and set a $70.00 price objective for the company in a research report on Monday, March 29th. Seven equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. ViacomCBS has an average rating of “Hold” and an average price target of $47.25. Read more …

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

 

Upgrades:

 

Exxon Mobil (NYSE:XOM) was upgraded by research analysts at Raymond James from an "underperform" rating to a "market perform" rating in a research note issued on Wednesday, Analyst Price Targets reports.

XOM has been the subject of a number of other reports. UBS Group reissued a "neutral" rating and set a $62.00 price objective (up from $48.00) on shares of Exxon Mobil in a research note on Monday, March 15th. Exane BNP Paribas raised shares of Exxon Mobil from an "underperform" rating to a "neutral" rating and set a $45.50 target price for the company in a research note on Monday, February 8th. The Goldman Sachs Group restated a "buy" rating and set a $65.00 target price on shares of Exxon Mobil in a research report on Tuesday, March 16th. Wells Fargo & Company raised their price objective on Exxon Mobil from $53.00 to $65.00 and gave the stock an "overweight" rating in a report on Tuesday, March 2nd. Finally, Evercore ISI initiated coverage on Exxon Mobil in a report on Tuesday, February 23rd. They issued an "inline" rating and a $48.00 price target for the company. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company. Exxon Mobil has an average rating of "Hold" and a consensus target price of $53.26. Read more …

 

U.S. Bancorp (NYSE:USB) was upgraded by analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday, The Fly reports. The brokerage presently has a $62.00 price objective on the financial services provider’s stock, up from their prior price objective of $58.00. Bank of America‘s price target suggests a potential upside of 8.22% from the company’s current price.

Other analysts also recently issued research reports about the company. Barclays lifted their target price on U.S. Bancorp from $61.00 to $65.00 and gave the company an “overweight” rating in a research note on Wednesday, April 7th. JPMorgan Chase & Co. raised U.S. Bancorp from a “neutral” rating to an “overweight” rating and set a $60.00 price objective on the stock in a research note on Thursday. Citigroup upgraded U.S. Bancorp from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $53.00 to $55.00 in a report on Friday, January 22nd. Jefferies Financial Group lifted their target price on U.S. Bancorp from $55.00 to $66.00 and gave the stock a “buy” rating in a report on Friday. Finally, Odeon Capital Group upgraded U.S. Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, March 24th. Six investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $54.28. Read more …

 

Magellan Midstream Partners (NYSE:MMP) was upgraded by research analysts at Wolfe Research from an "underperform" rating to a "peer perform" rating in a report issued on Wednesday, Analyst Ratings Network reports. The firm currently has a $45.00 price objective on the pipeline company's stock. Wolfe Research's price target points to a potential upside of 0.56% from the stock's current price.

MMP has been the topic of several other research reports. Morgan Stanley raised their price objective on shares of Magellan Midstream Partners from $55.00 to $58.00 and gave the company an "overweight" rating in a research report on Monday, March 29th. TheStreet lowered Magellan Midstream Partners from a "b-" rating to a "c+" rating in a research note on Friday, March 12th. Truist cut Magellan Midstream Partners from a "buy" rating to a "hold" rating and set a $44.00 price objective for the company. in a report on Tuesday, February 16th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $50.00 price objective on shares of Magellan Midstream Partners in a report on Thursday, March 18th. Finally, TD Securities cut their target price on Magellan Midstream Partners from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Wednesday, February 3rd. Eleven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Magellan Midstream Partners currently has a consensus rating of "Hold" and a consensus target price of $48.68. Read more …

 

 

Lowe’s Companies (NYSE:LOW) was upgraded by equities researchers at Atlantic Securities from a “neutral” rating to an “overweight” rating in a note issued to investors on Wednesday, The Fly reports. The firm currently has a $240.00 price objective on the home improvement retailer’s stock. Atlantic Securities’ target price would indicate a potential upside of 20.17% from the company’s previous close.

LOW has been the topic of a number of other reports. Zelman & Associates raised Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Friday, February 12th. Loop Capital upped their target price on Lowe’s Companies from $195.00 to $220.00 and gave the company a “buy” rating in a research report on Monday. Gordon Haskett upgraded Lowe’s Companies from an “accumulate” rating to a “buy” rating and set a $202.00 price objective on the stock in a research report on Wednesday, March 3rd. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell started coverage on Lowe’s Companies in a report on Monday, March 15th. They set a “buy” rating and a $195.00 target price for the company. Finally, Royal Bank of Canada lifted their target price on Lowe’s Companies from $203.00 to $206.00 in a report on Thursday, February 25th. Four analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $181.65. Read more …

Notable Analyst Upgrades and Downgrades for Week of November 30, 2020 (Part 2)

 

Upgrades:

  

The Charles Schwab (NYSE:SCHW) was upgraded by investment analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a note issued to investors on Tuesday, The Fly reports. The firm currently has a $58.00 price objective on the financial services provider's stock, up from their prior price objective of $44.00. Wells Fargo & Company's price objective suggests a potential upside of 18.90% from the stock's current price.

A number of other analysts have also recently commented on SCHW. Bank of America boosted their price objective on The Charles Schwab from $40.00 to $42.00 and gave the company a "neutral" rating in a research report 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. Raymond James reissued a "hold" rating on shares of The Charles Schwab in a research note on Thursday, August 6th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised shares of The Charles Schwab from a "neutral" rating to a "buy" rating and raised their price target for the stock from $44.00 to $54.00 in a research note on Tuesday, November 17th. Finally, Credit Suisse Group raised their price target on shares of The Charles Schwab from $41.00 to $43.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 3rd. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of "Hold" and an average price target of $47.53. Read more …

 

The Southern (NYSE:SO) was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other equities analysts have also recently commented on the stock. UBS Group dropped their target price on shares of The Southern from $57.00 to $55.00 and set a “neutral” rating for the company in a research report on Tuesday, September 1st. Barclays boosted their target price on shares of The Southern from $61.00 to $73.00 and gave the company an “overweight” rating in a research report on Wednesday, November 18th. KeyCorp boosted their target price on shares of The Southern from $65.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Morgan Stanley boosted their target price on shares of The Southern from $60.00 to $62.00 and gave the company an “underweight” rating in a research report on Tuesday, November 17th. Finally, BMO Capital Markets began coverage on shares of The Southern in a research report on Tuesday, November 24th. They issued a “market perform” rating and a $67.00 target price for the company. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $63.66. Read more …

 

FedEx (NYSE:FDX)‘s stock had its “buy” rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued on Wednesday, AnalystRatings.net reports. They currently have a $308.00 price objective on the shipping service provider’s stock. Sanford C. Bernstein’s price target suggests a potential upside of 5.25% from the company’s current price.

Several other brokerages have also recently weighed in on FDX. TheStreet raised FedEx from a “c+” rating to a “b” rating in a report on Tuesday, September 15th. Wells Fargo & Company boosted their price target on shares of FedEx from $221.00 to $286.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 16th. Berenberg Bank reaffirmed a “buy” rating and issued a $320.00 price objective on shares of FedEx in a research note on Tuesday, October 27th. Deutsche Bank Aktiengesellschaft upgraded shares of FedEx from a “hold” rating to a “buy” rating and upped their target price for the company from $243.00 to $318.00 in a research report on Monday, September 28th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $298.00 price objective (up from $265.00) on shares of FedEx in a research note on Wednesday, September 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $287.48. Read more …

 

 

S&P Global (NYSE:SPGI) was upgraded by equities researchers at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research note issued on Wednesday, The Fly reports.

SPGI has been the topic of a number of other reports. Stifel Nicolaus increased their price objective on S&P Global from $351.00 to $353.00 and gave the company a "hold" rating in a report on Friday, October 2nd. UBS Group increased their price objective on S&P Global from $418.00 to $422.00 and gave the company a "buy" rating in a report on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft started coverage on S&P Global in a report on Monday. They issued a "buy" rating and a $415.00 price objective on the stock. BMO Capital Markets cut their price objective on S&P Global from $375.00 to $392.00 in a report on Wednesday, October 28th. Finally, Morgan Stanley upped their target price on S&P Global from $404.00 to $411.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 28th. Three equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. S&P Global has an average rating of "Buy" and an average target price of $366.64. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of April 13, 2020

Upgrades:

Chubb (NYSE:CB) was upgraded by equities research analysts at Deutsche Bank from a “sell” rating to a “hold” rating in a note issued to investors on Monday, The Fly reports.

A number of other equities research analysts have also issued reports on CB. Piper Sandler upgraded Chubb from a “neutral” rating to an “overweight” rating and lowered their target price for the company from $145.00 to $131.00 in a research note on Monday, April 6th. Atlantic Securities upgraded Chubb from an “underweight” rating to a “neutral” rating and set a $130.00 target price for the company in a research note on Tuesday, March 24th. Royal Bank of Canada lowered their target price on Chubb from $178.00 to $154.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Morgan Stanley lowered their target price on Chubb from $168.00 to $139.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Finally, TheStreet downgraded Chubb from a “b” rating to a “c+” rating in a report on Monday, March 23rd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $154.07. Read more …

Target (NYSE:TGT) was upgraded by equities researchers at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued on Wednesday, Briefing.com Automated Import reports. The brokerage currently has a $125.00 price objective on the retailer’s stock, up from their prior price objective of $115.00. BMO Capital Markets’ price objective suggests a potential upside of 15.33% from the stock’s current price.

A number of other equities research analysts also recently weighed in on TGT. Goldman Sachs Group upgraded shares of Target from a “buy” rating to a “conviction-buy” rating in a research note on Wednesday, March 4th. Nomura reiterated a “buy” rating and set a $131.00 target price on shares of Target in a research report on Monday, March 23rd. Robert W. Baird reiterated a “buy” rating and set a $140.00 target price on shares of Target in a research report on Tuesday, March 3rd. Odeon Capital Group started coverage on shares of Target in a research report on Thursday, January 23rd. They set a “buy” rating and a $124.00 target price on the stock. Finally, Stifel Nicolaus cut their target price on shares of Target from $130.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, March 4th. Seven research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $125.14. Read more …

Air Products & Chemicals (NYSE:APD) was upgraded by research analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a report released on Wednesday, Briefing.com Automated Import reports. The brokerage presently has a $262.00 price target on the basic materials company’s stock, up from their previous price target of $246.00. Sanford C. Bernstein’s target price indicates a potential upside of 18.66% from the stock’s current price.

Several other research analysts also recently weighed in on APD. Atlantic Securities upgraded Air Products & Chemicals to a “buy” rating in a research note on Monday, March 16th. HSBC upgraded Air Products & Chemicals from a “hold” rating to a “buy” rating and set a $235.00 price target for the company in a research note on Friday, March 13th. Deutsche Bank upped their price target on Air Products & Chemicals from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. JPMorgan Chase & Co. dropped their price target on Air Products & Chemicals from $253.00 to $237.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Finally, Zacks Investment Research raised Air Products & Chemicals from a “hold” rating to a “buy” rating and set a $227.00 price objective on the stock in a report on Thursday, April 9th. Seven analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $245.21. Read more …

Campbell Soup (NYSE:CPB) was upgraded by equities research analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a research note issued to investors on Wednesday, Briefing.com Automated Import reports. The firm presently has a $55.00 target price on the stock, up from their previous target price of $48.00. Piper Sandler’s price objective points to a potential upside of 9.85% from the company’s current price.

Several other analysts also recently commented on CPB. ValuEngine raised Campbell Soup from a “sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Jefferies Financial Group reaffirmed a “hold” rating and set a $53.00 price objective on shares of Campbell Soup in a research note on Tuesday, March 24th. Royal Bank of Canada reaffirmed a “buy” rating and set a $59.00 price objective on shares of Campbell Soup in a research note on Tuesday. Sanford C. Bernstein raised Campbell Soup from an “underperform” rating to a “market perform” rating and upped their price objective for the company from $40.00 to $50.00 in a research note on Wednesday, March 18th. Finally, Wells Fargo & Co upped their price objective on Campbell Soup from $48.00 to $54.00 and gave the company an “equal weight” rating in a research note on Thursday, March 5th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $49.06. Read more …

Notable Analyst Upgrades and Downgrades for Week of September 23, 2019

Upgrades:

Kimberly Clark (NYSE:KMB) was upgraded by stock analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Monday, The Fly reports.

KMB has been the topic of several other reports. Zacks Investment Research raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $149.00 target price on the stock in a report on Thursday, August 22nd. Bank of America reissued a “neutral” rating and set a $143.00 target price (up from $135.00) on shares of Kimberly Clark in a report on Wednesday, June 19th. ValuEngine lowered Kimberly Clark from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Co reissued a “hold” rating and set a $130.00 target price on shares of Kimberly Clark in a report on Tuesday, July 23rd. Finally, Morgan Stanley increased their target price on Kimberly Clark from $145.00 to $147.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 24th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $131.36. Read more …

Guggenheim upgraded shares of Sanofi (NYSE:SNY) from a neutral rating to a buy rating in a research note issued to investors on Monday, BenzingaRatingsTable reports.

Several other equities analysts also recently weighed in on the company. Jefferies Financial Group reiterated a buy rating on shares of Sanofi in a research report on Thursday, August 29th. Sanford C. Bernstein initiated coverage on Sanofi in a research report on Tuesday, September 3rd. They set an outperform rating and a $52.00 target price on the stock. UBS Group upgraded Sanofi from a neutral rating to a buy rating in a research report on Wednesday, August 14th. JPMorgan Chase & Co. restated a neutral rating on shares of Sanofi in a report on Tuesday, August 6th. Finally, Zacks Investment Research upgraded Sanofi from a hold rating to a buy rating and set a $47.00 price objective on the stock in a report on Thursday, August 29th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Sanofi currently has a consensus rating of Buy and an average target price of $49.67. Read more …

Jefferies Financial Group upgraded shares of Apple (NASDAQ:AAPL) from a hold rating to a buy rating in a research report report published on Tuesday morning, The Fly reports. Jefferies Financial Group currently has $260.00 price objective on the iPhone maker’s stock, up from their prior price objective of $210.00.

Several other brokerages also recently commented on AAPL. Longbow Research reiterated a hold rating on shares of Apple in a research note on Tuesday, September 10th. Raymond James upgraded Apple from a market perform rating to an outperform rating and set a $250.00 price target on the stock in a research note on Thursday, July 18th. Goldman Sachs Group dropped their price target on Apple from $187.00 to $165.00 and set a neutral rating on the stock in a research note on Friday, September 13th. Monness Crespi & Hardt restated a buy rating and issued a $265.00 price target (up from $245.00) on shares of Apple in a research note on Wednesday, July 31st. Finally, Needham & Company LLC raised their price target on Apple from $225.00 to $250.00 and gave the stock a strong-buy rating in a research note on Wednesday, September 11th. Four research analysts have rated the stock with a sell rating, seventeen have given a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $219.47. Read more …

Bank of America upgraded shares of Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) from a neutral rating to a buy rating in a research note published on Tuesday, BenzingaRatingsTable reports. The brokerage currently has $62.00 price target on the bank’s stock, up from their previous price target of $52.00.

Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Bank of Nova Scotia from a buy rating to a hold rating in a research note on Thursday, August 29th. ValuEngine cut shares of Bank of Nova Scotia from a hold rating to a sell rating in a research note on Tuesday, July 2nd. Barclays reaffirmed an average rating and issued a $78.00 price objective on shares of Bank of Nova Scotia in a research note on Thursday, May 30th. BMO Capital Markets cut their price objective on shares of Bank of Nova Scotia from $80.00 to $78.00 and set an outperform rating for the company in a research note on Wednesday, August 28th. Finally, Canaccord Genuity reaffirmed a hold rating on shares of Bank of Nova Scotia in a research note on Wednesday, August 28th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $74.14. Read more …

Simon Property Group, Inc. Increases Quarterly Dividend $SPG

• Simon Property Group, Inc. (NYSE:SPG) declares $2.10/share quarterly dividend, 2.4% increase from prior dividend of $2.05.
• Forward yield 5.24%
• Payable August 30; for shareholders of record August 16; ex-div August 15.

Bridge The Valuation Gap With These REIT Bargains

The “valuation gap” is the difference between a seller’s asking price and the market value of a company.

In REIT terms, investors are continuing to seek out high-quality real estate as evidenced by the valuations of many dividend stalwarts such as Tanger Factory Outlets (SKT), Simon Property Group (SPG), and Kimco Realty (KIM).

In my monthly newsletter (being published November 1st) and within my Intelligent REIT Lab, there are many HOLDs and BUYs, but just a handful of STRONG BUYs.

Not all REITs are the same, and we are now witnessing a number of sectors being beaten down by macro-economic forces. As a result, these under-performing sectors have seen share prices decreasing, further widening the gap between lower REIT market values and higher net asset values.

This “valuation gap” has prompted speculation among investors over the prospect for increased REIT mergers or buyouts by big private equity players. As you know, from time to time, I will point to REIT M&A when I see cheap REITs, but I always caution investors not to confuse real catalysts with fantasy football.

Read more …