Showing posts with label SYY. Show all posts
Showing posts with label SYY. Show all posts

May 27, 2022

Notable Analyst Upgrades and Downgrades for Week of May 23 2022



 

Upgrades:

 


Consolidated Edison (NYSE:ED) was upgraded by research analysts at Guggenheim from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. The brokerage currently has a $94.00 price target on the utilities provider’s stock. Guggenheim’s target price would suggest a potential downside of 6.37% from the stock’s previous close.

Several other equities research analysts also recently commented on ED. The Goldman Sachs Group boosted their target price on shares of Consolidated Edison from $65.00 to $83.00 and gave the company a “sell” rating in a research note on Thursday, March 31st. Royal Bank of Canada upped their price target on shares of Consolidated Edison from $88.00 to $89.00 and gave the stock a “sector perform” rating in a research report on Monday, March 28th. Wells Fargo & Company downgraded shares of Consolidated Edison from an “equal weight” rating to a “sell” rating and upped their price target for the stock from $85.00 to $94.00 in a research report on Tuesday, May 3rd. KeyCorp upped their price target on shares of Consolidated Edison from $71.00 to $72.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 20th. Finally, Credit Suisse Group began coverage on shares of Consolidated Edison in a research report on Monday, April 25th. They set a “neutral” rating and a $100.00 price target on the stock. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $84.58. Read more …

 


DTE Energy (NYSE:DTE) was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research note issued on Monday, MarketBeat.com reports. The brokerage currently has a $140.00 target price on the utilities provider’s stock, down from their previous target price of $142.00. Credit Suisse Group’s target price points to a potential upside of 4.37% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Argus lifted their price objective on shares of DTE Energy from $130.00 to $132.00 in a report on Thursday, March 10th. Bank of America upgraded shares of DTE Energy from an “underperform” rating to a “buy” rating and set a $127.00 price target on the stock in a report on Tuesday, February 15th. Citigroup boosted their price target on shares of DTE Energy from $134.00 to $146.00 in a report on Tuesday, May 3rd. StockNews.com began coverage on shares of DTE Energy in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Morgan Stanley lifted their price objective on shares of DTE Energy from $133.00 to $143.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 20th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $130.91. Read more …

 


JPMorgan Chase & Co. (NYSE:JPM) was upgraded by Societe Generale from a “hold” rating to a “buy” rating in a report issued on Tuesday, Briefing.com reports.

A number of other research analysts also recently weighed in on JPM. Argus lowered their price objective on shares of JPMorgan Chase & Co. from $177.00 to $155.00 in a research report on Thursday, April 14th. The Goldman Sachs Group set a $151.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research report on Thursday, April 14th. Zacks Investment Research upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating and set a $147.00 price objective on the stock in a research report on Monday, March 21st. Royal Bank of Canada set a $175.00 price objective on shares of JPMorgan Chase & Co. and gave the company an “outperform” rating in a research report on Thursday, April 14th. Finally, Barclays set a $200.00 price target on shares of JPMorgan Chase & Co. in a research report on Monday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $161.67. Read more …

 

 


Air Products and Chemicals (NYSE:APD) was upgraded by investment analysts at Atlantic Securities from a "neutral" rating to an "overweight" rating in a report issued on Wednesday, The Fly reports. The brokerage presently has a $290.00 price target on the basic materials company's stock, up from their previous price target of $280.00. Atlantic Securities' target price would indicate a potential upside of 22.46% from the stock's current price.

APD has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Air Products and Chemicals from $300.00 to $272.00 in a research report on Tuesday, May 10th. BMO Capital Markets downgraded shares of Air Products and Chemicals from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $383.00 to $280.00 in a report on Tuesday, February 8th. Credit Suisse Group reduced their price target on shares of Air Products and Chemicals from $302.00 to $290.00 and set an "outperform" rating on the stock in a report on Friday, May 20th. JPMorgan Chase & Co. raised shares of Air Products and Chemicals from a "neutral" rating to an "overweight" rating and set a $275.00 price objective on the stock in a research note on Monday, March 21st. Finally, Wells Fargo & Company lowered shares of Air Products and Chemicals from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $275.00 to $255.00 in a research report on Wednesday, May 11th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, Air Products and Chemicals presently has a consensus rating of "Buy" and an average price target of $303.00. Read more …

May 1, 2022

Dividend Increases Week 17 (Part 2)




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

 

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

 

February 25, 2022

Notable Analyst Upgrades and Downgrades for Week of February 21 2022



 

Upgrades:

 


Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) was upgraded by equities research analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Tuesday, Briefing.com reports. The brokerage presently has a $60.00 target price on the business services provider’s stock, down from their prior target price of $69.00. Royal Bank of Canada’s price target would indicate a potential upside of 17.00% from the stock’s current price.

RBA has been the topic of a number of other reports. OTR Global reissued a “negative” rating on shares of Ritchie Bros. Auctioneers in a research note on Tuesday, November 2nd. Raymond James decreased their price objective on shares of Ritchie Bros. Auctioneers from $60.00 to $57.00 and set a “market perform” rating on the stock in a research note on Friday. Zacks Investment Research cut shares of Ritchie Bros. Auctioneers from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 27th. TD Securities raised shares of Ritchie Bros. Auctioneers from a “hold” rating to a “buy” rating and decreased their price objective for the company from $69.00 to $64.00 in a research note on Thursday, January 6th. Finally, Barrington Research reaffirmed a “hold” rating on shares of Ritchie Bros. Auctioneers in a research note on Wednesday, November 24th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Ritchie Bros. Auctioneers has a consensus rating of “Hold” and a consensus price target of $61.00. Read more …

 


Sysco (NYSE:SYY) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating in a research note issued to investors on Tuesday, The Fly reports.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. decreased their price target on Sysco from $90.00 to $88.00 and set a "neutral" rating on the stock in a research report on Friday, December 17th. Barclays upgraded Sysco from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $80.00 to $86.00 in a research report on Wednesday, December 15th. Truist Financial started coverage on Sysco in a research report on Tuesday, February 1st. They issued a "buy" rating and a $89.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on Sysco in a research report on Tuesday, January 4th. They issued a "hold" rating and a $82.00 target price on the stock. Finally, Morgan Stanley lifted their target price on Sysco from $85.00 to $86.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 9th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $87.63. Read more …

 


American Water Works (NYSE:AWK) was upgraded by investment analysts at HSBC to a "buy" rating in a report released on Wednesday, Stock Target Advisor reports. The brokerage currently has a $182.00 target price on the utilities provider's stock, down from their prior target price of $190.00. HSBC's price objective indicates a potential upside of 23.11% from the company's previous close.

A number of other equities research analysts also recently issued reports on AWK. The Goldman Sachs Group downgraded American Water Works from a "buy" rating to a "neutral" rating and lowered their price target for the company from $191.00 to $177.00 in a research report on Wednesday, November 3rd. Wells Fargo & Company decreased their target price on American Water Works from $170.00 to $162.00 and set an "underweight" rating for the company in a research report on Wednesday, January 19th. UBS Group raised American Water Works from a "sell" rating to a "neutral" rating and decreased their target price for the stock from $164.00 to $161.00 in a research report on Monday, February 7th. Zacks Investment Research raised American Water Works from a "sell" rating to a "hold" rating and set a $163.00 target price for the company in a research report on Wednesday, February 9th. Finally, JPMorgan Chase & Co. downgraded American Water Works from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $172.00 to $171.00 in a research report on Friday, January 7th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $174.60. Read more …

 

 


Intel (NASDAQ:INTC) was upgraded by research analysts at Raymond James to a “market perform” rating in a research note issued to investors on Wednesday, Stock Target Advisor reports.

Other analysts also recently issued reports about the company. Bank of America lowered their price target on Intel from $55.00 to $52.00 and set an “underperform” rating for the company in a research report on Thursday, January 27th. Sanford C. Bernstein set a $40.00 price target on Intel in a research report on Tuesday, February 15th. Citigroup lowered their price target on Intel from $58.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, January 27th. BMO Capital Markets decreased their target price on Intel from $52.00 to $50.00 and set a “hold” rating for the company in a research report on Friday, February 18th. Finally, Morgan Stanley set a $55.00 target price on Intel in a research report on Tuesday, December 7th. Nine equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $56.07. Read more …

 


Dollar General (NYSE:DG) was upgraded by equities researchers at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research report issued to clients and investors on Friday, Briefing.com reports. The firm currently has a $220.00 price objective on the stock. Wells Fargo & Company's price objective indicates a potential upside of 15.30% from the stock's current price.

DG has been the subject of several other reports. Truist Financial started coverage on Dollar General in a research report on Thursday, January 13th. They issued a "hold" rating and a $228.00 target price for the company. BMO Capital Markets reiterated a "buy" rating and issued a $250.00 price objective on shares of Dollar General in a report on Friday, December 3rd. Morgan Stanley downgraded shares of Dollar General from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $250.00 to $225.00 in a research report on Tuesday, January 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Dollar General from $254.00 to $251.00 and set a "buy" rating on the stock in a report on Friday, December 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $239.89. Read more …

 


Home Depot (NYSE:HD) was upgraded by Edward Jones from a "hold" rating to a "buy" rating in a report issued on Friday, FinViz reports.

HD has been the topic of a number of other research reports. Robert W. Baird reduced their price objective on Home Depot from $425.00 to $380.00 in a research note on Tuesday. Barclays upped their price objective on Home Depot from $350.00 to $430.00 and gave the company an "overweight" rating in a report on Wednesday, November 17th. TheStreet downgraded Home Depot from a "b" rating to a "c+" rating in a report on Tuesday. Credit Suisse Group upped their price objective on Home Depot from $357.00 to $450.00 and gave the company an "outperform" rating in a report on Thursday, November 18th. Finally, Evercore ISI increased their price target on Home Depot from $385.00 to $420.00 and gave the stock an "outperform" rating in a report on Wednesday, November 17th. Five analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Home Depot currently has an average rating of "Buy" and an average price target of $394.48. Read more …

 

 

 

Downgrades:

 


Eversource Energy (NYSE:ES) was downgraded by research analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, Analyst Ratings Network reports. They currently have a $80.00 price target on the utilities provider’s stock. Bank of America‘s target price points to a potential downside of 1.17% from the stock’s previous close.

A number of other research analysts have also issued reports on the stock. Morgan Stanley dropped their price objective on shares of Eversource Energy from $89.00 to $85.00 and set an “equal weight” rating for the company in a report on Friday, February 18th. Wells Fargo & Company reduced their price objective on shares of Eversource Energy from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday. Mizuho raised Eversource Energy from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $82.00 to $87.00 in a research report on Thursday, October 28th. BMO Capital Markets lowered Eversource Energy from an “outperform” rating to a “market perform” rating and set a $95.00 price target on the stock. in a research report on Monday, January 10th. Finally, StockNews.com downgraded Eversource Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, February 16th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $88.00. Read more …

 

September 25, 2021

Most Significant Insider Trades: Week of September 20, 2021



 

Disposals:

 


Halliburton (NYSE:HAL) Director Murry Gerber sold 44,590 shares of the stock in a transaction on Monday, September 20th. The shares were sold at an average price of $19.33, for a total value of $861,924.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of NYSE HAL traded down $0.12 during midday trading on Tuesday, reaching $19.48. 6,125,435 shares of the company’s stock traded hands, compared to its average volume of 9,502,723. The company has a market cap of $17.35 billion, a price-to-earnings ratio of 121.76 and a beta of 2.84. The stock’s 50 day simple moving average is $20.08 and its 200-day simple moving average is $21.54. The company has a quick ratio of 1.75, a current ratio of 2.29 and a debt-to-equity ratio of 1.68. Halliburton has a one year low of $10.60 and a one year high of $25.00. Read more …

 


UnitedHealth Group Incorporated (NYSE:UNH) Director Richard T. Burke sold 2,500 shares of the business’s stock in a transaction dated Friday, September 17th. The stock was sold at an average price of $419.00, for a total value of $1,047,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

UNH traded down $0.36 on Tuesday, hitting $412.34. The company had a trading volume of 2,382,123 shares, compared to its average volume of 2,984,847. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.62. The firm has a market cap of $388.80 billion, a P/E ratio of 27.24, a PEG ratio of 1.62 and a beta of 0.77. The company’s fifty day moving average price is $416.51 and its 200 day moving average price is $400.62. UnitedHealth Group Incorporated has a 1 year low of $289.64 and a 1 year high of $431.36. Read more …

 


Bristol-Myers Squibb (NYSE:BMY) CEO Giovanni Caforio sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, September 20th. The shares were sold at an average price of $60.64, for a total value of $1,516,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NYSE BMY traded down $0.18 during midday trading on Wednesday, hitting $60.15. The company had a trading volume of 9,658,651 shares, compared to its average volume of 10,596,237. The company has a market capitalization of $133.66 billion, a PE ratio of -26.57, a P/E/G ratio of 1.20 and a beta of 0.61. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.15. The firm has a 50-day moving average price of $66.48 and a 200-day moving average price of $65.37. Bristol-Myers Squibb has a twelve month low of $56.75 and a twelve month high of $69.75. Read more …

 

 


Williams-Sonoma, Inc. (NYSE:WSM) insider Ryan Ross sold 2,700 shares of the stock in a transaction that occurred on Tuesday, September 21st. The shares were sold at an average price of $185.57, for a total transaction of $501,039.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Ryan Ross also recently made the following trade(s):

On Wednesday, July 7th, Ryan Ross sold 2,400 shares of Williams-Sonoma stock. The stock was sold at an average price of $165.00, for a total value of $396,000.00.

On Friday, June 25th, Ryan Ross sold 5,600 shares of Williams-Sonoma stock. The stock was sold at an average price of $160.42, for a total value of $898,352.00.

Shares of WSM traded down $1.40 during midday trading on Thursday, reaching $188.51. 534,455 shares of the stock were exchanged, compared to its average volume of 1,203,200. Williams-Sonoma, Inc. has a twelve month low of $85.30 and a twelve month high of $204.41. The company has a market cap of $14.02 billion, a P/E ratio of 15.07, a PEG ratio of 1.15 and a beta of 1.68. The stock’s 50 day simple moving average is $168.25 and its 200 day simple moving average is $167.40. Read more …

September 4, 2021

Most Significant Insider Trades: Week of August 30, 2021

 



Disposals:

 


Eastman Chemical (NYSE:EMN) EVP Brad A. Lich sold 26,496 shares of the stock in a transaction that occurred on Thursday, August 26th. The shares were sold at an average price of $113.19, for a total value of $2,999,082.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of EMN traded down $0.43 during trading hours on Monday, hitting $114.84. 450 shares of the company were exchanged, compared to its average volume of 783,394. The stock has a market capitalization of $15.59 billion, a P/E ratio of 49.47, a price-to-earnings-growth ratio of 0.65 and a beta of 1.50. Eastman Chemical has a fifty-two week low of $72.02 and a fifty-two week high of $130.47. The company has a current ratio of 2.06, a quick ratio of 1.41 and a debt-to-equity ratio of 0.87. The business’s fifty day simple moving average is $113.26. Read more …

 


Mondelez International, Inc. (NASDAQ:MDLZ) Director Peter W. May sold 79,346 shares of the stock in a transaction that occurred on Friday, August 27th. The stock was sold at an average price of $62.06, for a total value of $4,924,212.76.

Mondelez International, Inc. (NASDAQ:MDLZ) Director Peter W. May sold 399,654 shares of Mondelez International stock in a transaction on Monday, August 30th. The stock was sold at an average price of $61.99, for a total transaction of $24,774,551.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NASDAQ:MDLZ traded up $0.27 during midday trading on Monday, reaching $62.16. The company’s stock had a trading volume of 4,146,032 shares, compared to its average volume of 7,113,603. The business has a 50 day moving average of $63.06. The stock has a market capitalization of $86.89 billion, a price-to-earnings ratio of 20.49, a P/E/G ratio of 2.48 and a beta of 0.67. The company has a quick ratio of 0.41, a current ratio of 0.61 and a debt-to-equity ratio of 0.62. Mondelez International, Inc. has a 12-month low of $52.51 and a 12-month high of $65.60. Read more …

 


Sysco Co. (NYSE:SYY) EVP Greg D. Bertrand sold 7,230 shares of the company’s stock in a transaction on Friday, August 27th. The shares were sold at an average price of $80.00, for a total value of $578,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

SYY traded up $0.66 during mid-day trading on Tuesday, hitting $79.65. 2,439,261 shares of the stock were exchanged, compared to its average volume of 2,322,158. The firm’s fifty day moving average is $75.59 and its two-hundred day moving average is $78.78. Sysco Co. has a 1-year low of $53.85 and a 1-year high of $86.73. The company has a current ratio of 1.47, a quick ratio of 0.96 and a debt-to-equity ratio of 6.82. The company has a market cap of $40.75 billion, a PE ratio of 78.86, a PEG ratio of 2.55 and a beta of 1.44. Read more …

 

 


Chubb Limited (NYSE:CB) CEO Evan G. Greenberg sold 7,177 shares of the business’s stock in a transaction that occurred on Monday, August 30th. The shares were sold at an average price of $185.14, for a total value of $1,328,749.78. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

CB traded down $1.44 during midday trading on Wednesday, hitting $182.48. 58,647 shares of the company were exchanged, compared to its average volume of 1,841,483. The firm has a market capitalization of $80.06 billion, a P/E ratio of 10.16, a P/E/G ratio of 1.47 and a beta of 0.72. Chubb Limited has a 1-year low of $111.93 and a 1-year high of $187.90. The firm’s 50 day moving average price is $171.34 and its 200-day moving average price is $168.01. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.25. Read more …

 

January 29, 2021

Notable Analyst Upgrades and Downgrades for Week of January 25, 2021

 


Upgrades:

 


Wells Fargo & Company (NYSE:WFC) was upgraded by stock analysts at Credit Suisse Group from a "neutral" rating to an "outperform" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm currently has a $40.00 target price on the financial services provider's stock, up from their prior target price of $35.00. Credit Suisse Group's price target points to a potential upside of 25.39% from the company's current price.

A number of other research firms have also recently weighed in on WFC. Jefferies Financial Group upgraded shares of Wells Fargo & Company from a "hold" rating to a "buy" rating and upped their price target for the company from $26.00 to $38.00 in a research note on Thursday, January 7th. Royal Bank of Canada upgraded shares of Wells Fargo & Company from an "underperform" rating to a "sector perform" rating and upped their price target for the company from $25.00 to $31.00 in a research note on Monday, November 30th. BMO Capital Markets dropped their price target on shares of Wells Fargo & Company from $35.00 to $31.00 and set a "market perform" rating on the stock in a research note on Friday, October 16th. Piper Sandler upped their price target on shares of Wells Fargo & Company from $25.00 to $32.00 and gave the company a "neutral" rating in a research note on Monday, December 21st. Finally, Keefe, Bruyette & Woods upped their price target on shares of Wells Fargo & Company from $36.00 to $38.00 and gave the company an "outperform" rating in a research note on Monday, January 18th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and sixteen have assigned a buy rating to the company's stock. Wells Fargo & Company currently has a consensus rating of "Buy" and a consensus target price of $33.58. Read more …

 


Bank of America (NYSE:BAC) was upgraded by equities researchers at Atlantic Securities from a “neutral” rating to an “overweight” rating in a research report issued on Tuesday, Briefing.com reports. The firm presently has a $40.00 price target on the financial services provider’s stock. Atlantic Securities’ target price suggests a potential upside of 28.37% from the company’s previous close.

Other analysts have also issued reports about the stock. Wolfe Research upgraded shares of Bank of America from a “peer perform” rating to an “outperform” rating and raised their price objective for the company from $27.00 to $36.00 in a research note on Tuesday, January 5th. JPMorgan Chase & Co. raised their price objective on shares of Bank of America from $26.00 to $27.50 and gave the company an “overweight” rating in a research note on Tuesday, October 6th. Piper Sandler raised their price objective on shares of Bank of America from $28.00 to $36.00 and gave the company an “overweight” rating in a research note on Monday, January 11th. Smith Barney Citigroup upgraded shares of Bank of America from a “neutral” rating to a “buy” rating in a research note on Monday, January 11th. Finally, UBS Group set a $30.00 price objective on shares of Bank of America and gave the company a “neutral” rating in a research note on Tuesday, January 19th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the stock. Bank of America presently has an average rating of “Buy” and an average price target of $33.13. Read more …

 


Dollar General (NYSE:DG) was upgraded by analysts at Loop Capital from a "hold" rating to a "buy" rating in a report released on Tuesday, Briefing.com reports. The brokerage presently has a $260.00 price target on the stock. Loop Capital's target price indicates a potential upside of 25.87% from the stock's previous close.

A number of other research analysts have also commented on the company. Raymond James upped their target price on Dollar General from $235.00 to $250.00 and gave the company a "strong-buy" rating in a research note on Friday, December 4th. Morgan Stanley increased their price objective on Dollar General from $240.00 to $245.00 and gave the stock an "overweight" rating in a research note on Monday, December 7th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell increased their price objective on Dollar General from $235.00 to $250.00 in a research note on Friday, December 4th. BMO Capital Markets increased their price objective on Dollar General from $223.00 to $240.00 in a research note on Friday, December 4th. Finally, Barclays increased their price objective on Dollar General from $220.00 to $245.00 and gave the stock an "overweight" rating in a research note on Friday, December 4th. Four analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of "Buy" and an average price target of $226.58. Read more …

 

 


Dominion Energy (NYSE:D) was upgraded by stock analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a report issued on Tuesday, Briefing.com reports. The brokerage presently has a $83.00 price objective on the utilities provider’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 12.83% from the company’s current price.

Other research analysts also recently issued reports about the company. Bank of America raised Dominion Energy from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $88.00 to $83.00 in a research note on Wednesday, December 16th. TheStreet downgraded Dominion Energy from a “b” rating to a “c+” rating in a research note on Tuesday, December 22nd. Zacks Investment Research downgraded Dominion Energy from a “buy” rating to a “hold” rating and set a $84.00 price objective for the company. in a research note on Thursday, October 29th. Credit Suisse Group raised Dominion Energy from a “neutral” rating to an “outperform” rating and set a $83.00 target price for the company in a research note on Thursday, December 17th. Finally, Evercore ISI raised Dominion Energy from an “in-line” rating to an “outperform” rating in a research note on Thursday, January 21st. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $83.58. Read more …

 

December 6, 2020

Week's Most Significant Insider Trades: Week of November 30, 2020

 


Disposals:

 


Rockwell Automation, Inc. (NYSE:ROK) SVP Thomas Donato sold 1,500 shares of the company's stock in a transaction dated Wednesday, November 25th. The stock was sold at an average price of $255.00, for a total transaction of $382,500.00. Following the completion of the transaction, the senior vice president now owns 969 shares of the company's stock, valued at approximately $247,095. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of NYSE ROK traded down $3.20 during trading on Monday, hitting $252.73. The company had a trading volume of 15,762 shares, compared to its average volume of 885,681. Rockwell Automation, Inc. has a 52 week low of $115.38 and a 52 week high of $267.48. The business's 50-day moving average is $244.58 and its 200 day moving average is $224.86. The company has a market cap of $29.73 billion, a P/E ratio of 38.84, a PEG ratio of 4.78 and a beta of 1.47. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.01 and a current ratio of 1.31.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Sunday, November 15th. The industrial products company reported $1.87 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.77 by $0.10. Rockwell Automation had a return on equity of 105.45% and a net margin of 11.85%. The business had revenue of $1.57 billion for the quarter, compared to analysts' expectations of $1.58 billion. During the same period in the previous year, the firm posted $2.01 EPS. The company's quarterly revenue was down 9.3% on a year-over-year basis. On average, research analysts expect that Rockwell Automation, Inc. will post 7.54 EPS for the current year. Read more …

 


The Charles Schwab Co. (NYSE:SCHW) Chairman Charles R. Schwab sold 98,870 shares of The Charles Schwab stock in a transaction dated Friday, November 27th. The shares were sold at an average price of $49.81, for a total value of $4,924,714.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of NYSE:SCHW traded down $0.92 during trading on Monday, hitting $48.78. 21,639,359 shares of the company were exchanged, compared to its average volume of 11,916,492. The stock has a market cap of $93.26 billion, a price-to-earnings ratio of 22.69 and a beta of 1.13. The Charles Schwab Co. has a fifty-two week low of $28.00 and a fifty-two week high of $51.65. The firm has a fifty day moving average price of $42.36 and a two-hundred day moving average price of $37.01. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.33.

The Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Thursday, October 15th. The financial services provider reported $0.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.01. The firm had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.43 billion. The Charles Schwab had a return on equity of 14.02% and a net margin of 29.80%. The business's quarterly revenue was down 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.70 EPS. As a group, research analysts predict that The Charles Schwab Co. will post 2.17 EPS for the current year. Read more …

 


The Procter & Gamble Company (NYSE:PG) Director Nelson Peltz sold 306,567 shares of the company's stock in a transaction that occurred on Monday, November 30th. The stock was sold at an average price of $137.31, for a total value of $42,094,714.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NYSE:PG traded up $0.26 during trading on Monday, reaching $138.87. 10,877,334 shares of the company traded hands, compared to its average volume of 8,135,707. The company has a current ratio of 0.85, a quick ratio of 0.68 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $344.34 billion, a price-to-earnings ratio of 26.55, a P/E/G ratio of 3.53 and a beta of 0.43. The business's fifty day moving average is $141.17 and its 200-day moving average is $131.02. The Procter & Gamble Company has a 52-week low of $94.34 and a 52-week high of $146.92.

The Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, October 20th. The company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $0.21. The company had revenue of $19.32 billion during the quarter, compared to the consensus estimate of $18.38 billion. The Procter & Gamble had a return on equity of 29.53% and a net margin of 18.36%. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.37 earnings per share. On average, sell-side analysts predict that The Procter & Gamble Company will post 5.45 earnings per share for the current fiscal year. Read more …

 

 


Cisco Systems, Inc. (NASDAQ:CSCO) CFO Kelly A. Kramer sold 45,000 shares of the company’s stock in a transaction dated Friday, November 27th. The shares were sold at an average price of $42.81, for a total value of $1,926,450.00. Following the completion of the sale, the chief financial officer now directly owns 297,078 shares of the company’s stock, valued at $12,717,909.18. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of CSCO stock traded up $0.52 during trading hours on Tuesday, reaching $43.54. 23,926,012 shares of the company’s stock were exchanged, compared to its average volume of 25,756,674. The company has a market cap of $183.98 billion, a P/E ratio of 17.70, a price-to-earnings-growth ratio of 2.23 and a beta of 0.87. The company’s 50 day moving average is $39.51 and its two-hundred day moving average is $42.85. Cisco Systems, Inc. has a 1 year low of $32.40 and a 1 year high of $50.28. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.59 and a quick ratio of 1.54. Read more …

November 28, 2020

Week's Most Significant Insider Trades: Week of November 23, 2020

 


Disposals:

 


Duke Energy Co. (NYSE:DUK) COO Dhiaa M. Jamil sold 3,500 shares of the business's stock in a transaction dated Friday, November 20th. The shares were sold at an average price of $92.63, for a total value of $324,205.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Duke Energy stock traded up $0.75 during trading hours on Monday, hitting $93.33. The stock had a trading volume of 3,815,948 shares, compared to its average volume of 3,787,323. The company has a 50-day moving average of $93.03 and a two-hundred day moving average of $85.53. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 1.24. The company has a market cap of $68.14 billion, a PE ratio of 33.91, a price-to-earnings-growth ratio of 5.20 and a beta of 0.24. Duke Energy Co. has a fifty-two week low of $62.13 and a fifty-two week high of $103.79

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.87 EPS for the quarter, beating the consensus estimate of $1.79 by $0.08. The firm had revenue of $6.72 billion during the quarter, compared to analysts' expectations of $7.34 billion. Duke Energy had a return on equity of 8.28% and a net margin of 8.68%. The company's revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.79 EPS. As a group, analysts forecast that Duke Energy Co. will post 5.07 EPS for the current fiscal year. Read more ...

 


The TJX Companies, Inc. (NYSE:TJX) Chairman Carol Meyrowitz sold 77,892 shares of the business's stock in a transaction that occurred on Friday, November 20th. The stock was sold at an average price of $61.22, for a total value of $4,768,548.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

NYSE TJX traded up $1.12 on Monday, reaching $61.80. The company's stock had a trading volume of 8,248,813 shares, compared to its average volume of 8,232,387. The TJX Companies, Inc. has a 52 week low of $32.72 and a 52 week high of $65.14. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 1.17. The firm has a market cap of $74.10 billion, a PE ratio of 108.42, a price-to-earnings-growth ratio of 29.72 and a beta of 0.73. The business has a 50-day moving average price of $56.90 and a 200 day moving average price of $54.14.

The TJX Companies (NYSE:TJX) last released its quarterly earnings data on Tuesday, November 17th. The apparel and home fashions retailer reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.31. The TJX Companies had a return on equity of 13.62% and a net margin of 2.11%. During the same quarter in the prior year, the business earned $0.68 EPS. Analysts anticipate that The TJX Companies, Inc. will post 0.18 earnings per share for the current fiscal year. Read more ...

 


JPMorgan Chase & Co. (NYSE:JPM) EVP Marianne Lake sold 15,808 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Tuesday, November 24th. The shares were sold at an average price of $120.01, for a total transaction of $1,897,118.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

JPM stock traded up $5.45 during midday trading on Tuesday, reaching $123.32. The stock had a trading volume of 18,847,579 shares, compared to its average volume of 19,997,709. The firm has a fifty day simple moving average of $105.22 and a two-hundred day simple moving average of $99.51. JPMorgan Chase & Co. has a 52-week low of $76.91 and a 52-week high of $141.10. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market cap of $375.90 billion, a PE ratio of 16.12, a P/E/G ratio of 2.68 and a beta of 1.15.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Monday, October 19th. The financial services provider reported $2.92 earnings per share for the quarter, beating analysts' consensus estimates of $2.23 by $0.69. JPMorgan Chase & Co. had a return on equity of 10.85% and a net margin of 19.16%. The business had revenue of $29.90 billion for the quarter, compared to analyst estimates of $28.20 billion. During the same period in the prior year, the company earned $2.68 earnings per share. The company's revenue was up 4.0% on a year-over-year basis. On average, sell-side analysts predict that JPMorgan Chase & Co. will post 7.47 EPS for the current fiscal year. Read more …

 

 


Bristol-Myers Squibb (NYSE:BMY) EVP Rupert Vessey sold 13,421 shares of Bristol-Myers Squibb stock in a transaction on Monday, November 23rd. The stock was sold at an average price of $61.34, for a total transaction of $823,244.14. Following the sale, the executive vice president now owns 37,922 shares in the company, valued at $2,326,135.48. The sale was disclosed in a document filed with the SEC, which is available through this link.

BMY stock traded down $0.38 on Wednesday, hitting $62.84. 9,403,982 shares of the company were exchanged, compared to its average volume of 13,536,446. Bristol-Myers Squibb has a twelve month low of $45.76 and a twelve month high of $68.34. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.67 and a quick ratio of 1.58. The business’s fifty day moving average is $69.96 and its two-hundred day moving average is $80.55. The stock has a market capitalization of $143.05 billion, a price-to-earnings ratio of -574.68, a price-to-earnings-growth ratio of 1.07 and a beta of 0.67. Read more …

 

November 6, 2020

Notable Analyst Upgrades and Downgrades for Week of November 2, 2020

 


Upgrades:

 


Cardinal Health (NYSE:CAH) was upgraded by investment analysts at Barclays from an “equal weight” rating to an “overweight” rating in a note issued to investors on Monday, Anlyst Ratings reports. The brokerage presently has a $57.00 price target on the stock. Barclays‘s price objective suggests a potential upside of 24.48% from the company’s current price.

Other research analysts have also issued reports about the company. Morgan Stanley upped their price objective on Cardinal Health from $59.00 to $61.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. UBS Group reduced their target price on Cardinal Health from $65.00 to $64.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Bank of America increased their target price on Cardinal Health from $61.00 to $63.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Guggenheim raised Cardinal Health from a “neutral” rating to a “buy” rating in a report on Monday, July 20th. Finally, Zacks Investment Research raised Cardinal Health from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Thursday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $58.90. Read more …

 


McKesson (NYSE:MCK) was upgraded by stock analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued on Monday, AnalystRatings.net reports. The firm currently has a $166.00 price objective on the stock. Barclays‘s price objective would indicate a potential upside of 12.55% from the stock’s previous close.

Several other equities research analysts have also commented on the stock. ValuEngine upgraded shares of McKesson from a “strong sell” rating to a “sell” rating in a research note on Monday, October 19th. Zacks Investment Research downgraded shares of McKesson from a “hold” rating to a “sell” rating and set a $161.00 price objective on the stock. in a research report on Thursday, July 16th. Credit Suisse Group raised their price objective on shares of McKesson from $160.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. JPMorgan Chase & Co. raised their price objective on shares of McKesson from $187.00 to $198.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Finally, Guggenheim raised their price objective on shares of McKesson from $168.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $178.00. Read more …

 


GlaxoSmithKline (NYSE:GSK) was upgraded by Liberum Capital from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports.

Several other brokerages also recently issued reports on GSK. Societe Generale reiterated a “buy” rating on shares of GlaxoSmithKline in a research report on Friday, September 18th. Berenberg Bank began coverage on GlaxoSmithKline in a research note on Tuesday, September 29th. They issued a “buy” rating for the company. AlphaValue raised shares of GlaxoSmithKline to a “buy” rating in a report on Tuesday, September 1st. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of GlaxoSmithKline in a research report on Wednesday, October 21st. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of GlaxoSmithKline in a research note on Friday, October 9th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $41.00. Read more …

 

 

 


Intel (NASDAQ:INTC) was upgraded by stock analysts at The Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued to investors on Wednesday, The Fly reports. The firm presently has a $38.00 target price on the chip maker’s stock, down from their prior target price of $46.00. The Goldman Sachs Group’s price target would indicate a potential downside of 16.04% from the company’s previous close.

Several other equities analysts also recently commented on the stock. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Tuesday, July 7th. Bank of America downgraded shares of Intel from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $60.00 to $45.00 in a research report on Friday, October 23rd. SVB Leerink initiated coverage on shares of Intel in a research report on Friday, July 24th. They set a “hold” rating on the stock. Northland Securities raised shares of Intel from an “under perform” rating to a “market perform” rating and set a $46.00 target price on the stock in a research report on Monday. Finally, Roth Capital lowered their target price on shares of Intel from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Friday, October 23rd. Eleven analysts have rated the stock with a sell rating, eighteen have issued a hold rating and sixteen have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $57.69. Read more …

 

June 6, 2020

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



Upgrades:


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

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

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

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

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

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


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

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