Notable Analyst Upgrades and Downgrades for Week of May 30 2022

 

Upgrades:

 

Linde (NYSE:LIN) was upgraded by Evercore ISI to an "outperform" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

LIN has been the topic of a number of other reports. Credit Suisse Group began coverage on shares of Linde in a research report on Tuesday. They set an "outperform" rating and a $380.00 price objective on the stock. BMO Capital Markets lowered their price objective on shares of Linde from $405.00 to $365.00 and set an "outperform" rating on the stock in a research report on Monday, February 14th. Jefferies Financial Group began coverage on shares of Linde in a research report on Wednesday, March 30th. They set a "buy" rating and a $390.00 price objective on the stock. HSBC boosted their target price on shares of Linde from $366.00 to $382.00 and gave the stock a "buy" rating in a research report on Friday, February 18th. Finally, Zacks Investment Research raised shares of Linde from a "sell" rating to a "hold" rating and set a $312.00 target price for the company in a research report on Monday, February 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, Linde currently has an average rating of "Buy" and a consensus price target of $367.14. Read more …

 

Magellan Midstream Partners (NYSE:MMP) was upgraded by stock 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.

A number of other analysts have also commented on MMP. TD Securities boosted their target price on Magellan Midstream Partners from $51.00 to $52.00 and gave the company a "hold" rating in a research report on Friday, May 6th. Morgan Stanley boosted their target price on Magellan Midstream Partners from $50.00 to $54.00 and gave the company an "underweight" rating in a research report on Tuesday, April 26th. JPMorgan Chase & Co. raised Magellan Midstream Partners from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $52.00 to $57.00 in a research report on Wednesday, May 25th. StockNews.com started coverage on Magellan Midstream Partners in a research report on Thursday, March 31st. They issued a "hold" rating for the company. Finally, Mizuho boosted their target price on Magellan Midstream Partners from $50.00 to $52.00 and gave the company a "neutral" rating in a research report on Wednesday, March 30th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $52.30. Read more …

 

Danaher (NYSE:DHR) was upgraded by investment analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other research analysts have also recently commented on the company. William Blair restated an "outperform" rating on shares of Danaher in a research report on Friday, April 22nd. UBS Group decreased their target price on Danaher from $365.00 to $340.00 in a research report on Sunday, April 24th. StockNews.com cut Danaher from a "buy" rating to a "hold" rating in a research report on Friday, April 22nd. Zacks Investment Research cut Danaher from a "buy" rating to a "hold" rating and set a $278.00 target price on the stock. in a research report on Monday, April 25th. Finally, Robert W. Baird decreased their target price on Danaher from $334.00 to $319.00 and set an "outperform" rating on the stock in a research report on Friday, April 22nd. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $331.14. Read more …

 

 

Xylem (NYSE:XYL) was upgraded by investment analysts at Cowen from a "market perform" rating to an "outperform" rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. The firm currently has a $75.00 target price on the industrial products company's stock. Cowen's price objective indicates a potential downside of 10.98% from the stock's current price.

Other analysts have also recently issued reports about the company. Stifel Nicolaus dropped their price objective on Xylem from $100.00 to $90.00 and set a "hold" rating for the company in a report on Monday, April 18th. Raymond James raised Xylem from an "underperform" rating to a "market perform" rating in a report on Tuesday, April 5th. Morgan Stanley dropped their price objective on Xylem from $120.00 to $110.00 and set an "overweight" rating for the company in a report on Monday, April 18th. Zacks Investment Research raised Xylem from a "sell" rating to a "hold" rating and set a $89.00 price target for the company in a research note on Thursday, May 12th. Finally, TheStreet cut Xylem from a "b" rating to a "c+" rating in a research note on Monday, February 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Xylem has an average rating of "Hold" and a consensus price target of $108.55. Read more …

 

Dividend Increases Week 16

 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

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

Notable Analyst Upgrades and Downgrades for Week of April 18 2022

 

Upgrades:

 

Robert W. Baird upgraded shares of H.B. Fuller (NYSE:FUL) from a neutral rating to an outperform rating in a research note released on Thursday, Marketbeat Ratings reports. The brokerage currently has $85.00 price target on the specialty chemicals company’s stock.

A number of other research firms have also recently commented on FUL. JPMorgan Chase & Co. cut shares of H.B. Fuller from an overweight rating to a neutral rating and cut their price target for the company from $75.00 to $73.00 in a report on Friday, January 21st. StockNews.com began coverage on shares of H.B. Fuller in a report on Thursday, March 31st. They set a hold rating on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of H.B. Fuller from $80.00 to $72.00 and set a hold rating on the stock in a report on Monday, March 28th. Seaport Res Ptn restated a buy rating on shares of H.B. Fuller in a report on Thursday, January 20th. Finally, Zacks Investment Research cut shares of H.B. Fuller from a buy rating to a hold rating in a report on Friday, March 25th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, H.B. Fuller has an average rating of Hold and an average price target of $74.83. Read more …

 

Travelers Companies (NYSE:TRV) was upgraded by equities researchers at Raymond James from an “underperform” rating to a “market perform” rating in a note issued to investors on Wednesday, The Fly reports.

A number of other research analysts have also weighed in on TRV. Zacks Investment Research raised Travelers Companies from a “hold” rating to a “buy” rating and set a $199.00 price objective on the stock in a report on Monday, March 28th. Credit Suisse Group increased their price objective on Travelers Companies from $153.00 to $178.00 in a report on Tuesday, January 25th. Barclays increased their price objective on Travelers Companies from $170.00 to $185.00 and gave the company an “equal weight” rating in a report on Tuesday, April 12th. Morgan Stanley cut their price objective on Travelers Companies from $185.00 to $180.00 and set an “equal weight” rating on the stock in a report on Thursday, April 14th. Finally, Evercore ISI assumed coverage on Travelers Companies in a report on Friday, January 21st. They set a “hold” rating and a $180.00 target price on the stock. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $178.36. Read more …

 

Exxon Mobil (NYSE:XOM) 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 Thursday, The Fly reports.

A number of other equities research analysts have also recently issued reports on XOM. TheStreet upgraded Exxon Mobil from a “c+” rating to a “b-” rating in a report on Wednesday, January 19th. Argus upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a report on Wednesday, February 2nd. Credit Suisse Group set a $76.00 price objective on Exxon Mobil in a report on Friday, January 7th. JPMorgan Chase & Co. set a $100.00 price objective on Exxon Mobil in a report on Tuesday, March 29th. Finally, Citigroup boosted their price objective on Exxon Mobil from $74.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, March 3rd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has a consensus rating of “Hold” and an average price target of $77.35. Read more …

 

 

Kroger (NYSE:KR) was upgraded by equities researchers at BNP Paribas from an “underperform” rating to a “neutral” rating in a research note issued to investors on Friday, Briefing.com reports. The firm presently has a $60.00 price objective on the stock. BNP Paribas’ price objective points to a potential upside of 3.13% from the company’s current price.

A number of other research analysts also recently issued reports on the company. BMO Capital Markets boosted their price target on Kroger from $41.00 to $57.00 and gave the company a “market perform” rating in a report on Friday, March 4th. Credit Suisse Group boosted their price target on Kroger from $47.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, March 4th. Telsey Advisory Group boosted their price target on Kroger from $62.00 to $64.00 and gave the company an “outperform” rating in a report on Thursday, April 7th. Bank of America raised Kroger from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $61.00 to $75.00 in a research report on Friday, April 8th. Finally, Wells Fargo & Company cut Kroger from an “equal weight” rating to an “underweight” rating and set a $42.00 price objective on the stock. in a research report on Tuesday, January 25th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $50.95. Read more …

Notable Analyst Upgrades and Downgrades for Week of January 17 2022

 

Upgrades:

 

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) was upgraded by investment analysts at National Bankshares to a "buy" rating in a report issued on Tuesday, TipRanks reports. The firm currently has a C$38.00 price target on the stock. National Bankshares' target price indicates a potential downside of 8.21% from the company's previous close.

BEP.UN has been the subject of a number of other research reports. Tudor Pickering & Holt set a C$44.00 price objective on shares of Brookfield Renewable Partners and gave the company a "buy" rating in a research report on Monday, November 8th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a C$45.00 price objective on shares of Brookfield Renewable Partners in a research report on Monday, September 20th. JPMorgan Chase & Co. raised shares of Brookfield Renewable Partners to a "buy" rating and set a C$46.00 price target for the company in a research report on Thursday, December 9th. Scotiabank raised shares of Brookfield Renewable Partners to a "buy" rating in a research report on Friday, January 7th. Finally, Tudor Pickering reissued a "buy" rating and issued a C$44.00 price target on shares of Brookfield Renewable Partners in a research report on Wednesday, September 22nd. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Brookfield Renewable Partners presently has a consensus rating of "Buy" and a consensus target price of C$44.38. Read more …

 

ConocoPhillips (NYSE:COP) was upgraded by equities researchers at The Goldman Sachs Group to a "buy" rating in a research note issued to investors on Tuesday, Stock Target Advisor reports. The brokerage presently has a $101.00 target price on the energy producer's stock. The Goldman Sachs Group's price objective suggests a potential upside of 16.44% from the stock's current price.

A number of other equities research analysts have also issued reports on the stock. Truist raised their price target on shares of ConocoPhillips from $100.00 to $111.00 in a report on Friday. KeyCorp raised their target price on ConocoPhillips from $81.00 to $88.00 and gave the stock an "overweight" rating in a research note on Thursday, January 13th. Societe Generale lowered ConocoPhillips from a "buy" rating to a "hold" rating and set a $77.00 price target for the company. in a research report on Wednesday, November 10th. Morgan Stanley lifted their price objective on ConocoPhillips from $90.00 to $95.00 and gave the stock an "overweight" rating in a research report on Friday, November 19th. Finally, Raymond James boosted their target price on ConocoPhillips from $90.00 to $100.00 and gave the company a "strong-buy" rating in a research note on Tuesday, October 26th. Four equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $84.35. Read more …

 

ABB (NYSE:ABB) was upgraded by Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a note issued to investors on Wednesday, The Fly reports.

Other analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of ABB from CHF 31 to CHF 32 in a research note on Thursday, January 13th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of ABB in a research note on Friday, October 1st. Zacks Investment Research downgraded shares of ABB from a "hold" rating to a "strong sell" rating and set a $33.00 price target for the company. in a research note on Tuesday, January 4th. Morgan Stanley reaffirmed an "underweight" rating on shares of ABB in a research note on Friday, October 22nd. Finally, Exane BNP Paribas raised shares of ABB to a "neutral" rating and set a CHF 37 price objective on the stock in a report on Tuesday, September 21st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $35.55. Read more …

 

 

Bank of Montreal (NYSE:BMO) (TSE:BMO) was upgraded by Barclays to an "overweight" rating in a research report issued to clients and investors on Wednesday, Stock Target Advisor reports. The brokerage presently has a $165.00 price objective on the bank's stock, up from their prior price objective of $140.00. Barclays's target price points to a potential upside of 39.19% from the stock's previous close.

Other analysts have also recently issued research reports about the company. Desjardins increased their target price on Bank of Montreal from C$146.00 to C$150.00 and gave the stock a "buy" rating in a report on Tuesday, December 7th. TD Securities increased their target price on Bank of Montreal from $150.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, December 6th. Royal Bank of Canada upgraded Bank of Montreal from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from $154.00 to $160.00 in a report on Tuesday, December 21st. Scotiabank cut Bank of Montreal from a "sector outperform" rating to a "sector perform" rating in a report on Tuesday, December 21st. Finally, Zacks Investment Research cut Bank of Montreal from a "buy" rating to a "hold" rating in a report on Tuesday, December 7th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Bank of Montreal currently has an average rating of "Buy" and an average target price of $151.67. 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 July 12, 2021

 

Upgrades:

 

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

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

 

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

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

 

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

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

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

 

 

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

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

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

 

Upgrades:

 

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

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

 

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

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

 

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

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

 

 

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

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

Notable Analyst Upgrades and Downgrades for Week of September 16, 2019

Upgrades:

UBS Group upgraded shares of ConocoPhillips (NYSE:COP) from a neutral rating to a buy rating in a research note issued to investors on Monday morning, BenzingaRatingsTable reports.

COP has been the subject of a number of other reports. ValuEngine raised shares of ConocoPhillips from a sell rating to a hold rating in a research report on Thursday, June 27th. Mizuho raised shares of ConocoPhillips from a neutral rating to a buy rating and increased their target price for the company from $74.00 to $80.00 in a research report on Wednesday, June 26th. Morgan Stanley reduced their target price on shares of ConocoPhillips from $84.00 to $81.00 and set an overweight rating for the company in a research report on Friday, July 12th. Zacks Investment Research raised shares of ConocoPhillips from a strong sell rating to a hold rating and set a $52.00 target price for the company in a research report on Thursday, July 11th. Finally, Barclays assumed coverage on shares of ConocoPhillips in a research report on Monday, August 19th. They set an overweight rating and a $79.00 target price for the company. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. ConocoPhillips has an average rating of Buy and a consensus price target of $76.85. Read more …

Wedbush upgraded shares of Lowe’s Companies (NYSE:LOW) from a neutral rating to an outperform rating in a research report sent to investors on Monday, BenzingaRatingsTable reports. They currently have $135.00 target price on the home improvement retailer’s stock, up from their prior target price of $115.00.

Several other research firms have also recently commented on LOW. ValuEngine raised Lowe’s Companies from a hold rating to a buy rating in a research note on Tuesday, September 10th. Morgan Stanley boosted their target price on Lowe’s Companies from $123.00 to $130.00 and gave the stock an overweight rating in a research note on Thursday, August 22nd. UBS Group boosted their target price on Lowe’s Companies from $115.00 to $125.00 and gave the stock a buy rating in a research note on Thursday, August 22nd. Barclays boosted their target price on Lowe’s Companies from $95.00 to $105.00 and gave the stock an equal weight rating in a research note on Monday, June 24th. Finally, Telsey Advisory Group boosted their target price on Lowe’s Companies from $116.00 to $120.00 and gave the stock an outperform rating in a research note on Thursday, August 22nd. Eight investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $118.00. Read more …

JPMorgan Chase & Co. upgraded shares of Raytheon (NYSE:RTN) from a neutral rating to an overweight rating in a report released on Monday morning, BenzingaRatingsTable reports. The brokerage currently has $230.00 price objective on the aerospace company’s stock, up from their previous price objective of $225.00.

RTN has been the subject of several other research reports. Stifel Nicolaus upped their price objective on shares of Raytheon from $205.00 to $218.00 and gave the stock a buy rating in a report on Monday, June 10th. UBS Group upped their price objective on shares of Raytheon from $205.00 to $215.00 and gave the stock a neutral rating in a report on Friday. Bank of America reaffirmed a buy rating and issued a $265.00 price objective (up previously from $224.00) on shares of Raytheon in a report on Friday, July 26th. Vertical Research downgraded shares of Raytheon from a buy rating to a hold rating and reduced their price objective for the stock from $216.00 to $203.00 in a report on Tuesday, June 11th. Finally, ValuEngine downgraded shares of Raytheon from a hold rating to a sell rating in a report on Friday, June 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $212.00. Read more …

Barclays upgraded shares of Schlumberger (NYSE:SLB) from an equal weight rating to an overweight rating in a research report sent to investors on Monday morning, BenzingaRatingsTable reports. Barclays currently has $50.00 price objective on the oil and gas company’s stock, up from their prior price objective of $45.00.

Several other equities analysts have also issued reports on the stock. Wells Fargo & Co cut their price objective on shares of Schlumberger from $48.00 to $44.00 and set an outperform rating on the stock in a report on Thursday, September 12th. Stifel Nicolaus raised shares of Schlumberger from a hold rating to a buy rating and set a $50.00 price objective on the stock in a report on Friday, June 7th. Piper Jaffray Companies set a $40.00 price objective on shares of Schlumberger and gave the company a buy rating in a report on Monday, July 1st. Bank of America cut their price objective on shares of Schlumberger from $51.00 to $45.00 and set a buy rating on the stock in a report on Wednesday, August 28th. Finally, Raymond James reissued a hold rating on shares of Schlumberger in a report on Friday, June 21st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fifteen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of $51.11. Read more …

Week's Most Significant Insider Trades: Week of August 19, 2019

Acquisitions:

Occidental Petroleum Co. (NYSE:OXY) insider Kenneth Dillon bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average price of $44.57 per share, with a total value of $222,850.00. Following the completion of the purchase, the insider now directly owns 108,536 shares of the company’s stock, valued at approximately $4,837,449.52. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

OXY stock opened at $45.26 on Wednesday. The stock has a 50-day moving average price of $49.28 and a two-hundred day moving average price of $57.32. Occidental Petroleum Co. has a 12-month low of $43.08 and a 12-month high of $83.35. The company has a current ratio of 1.20, a quick ratio of 1.00 and a debt-to-equity ratio of 0.50. The company has a market cap of $33.35 billion, a PE ratio of 9.03, a price-to-earnings-growth ratio of 2.56 and a beta of 0.82. Read more …

Travelers Companies Inc (NYSE:TRV) Director Philip T. Ruegger III acquired 700 shares of the stock in a transaction on Monday, August 19th. The stock was bought at an average price of $147.49 per share, with a total value of $103,243.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of NYSE:TRV opened at $146.51 on Wednesday. Travelers Companies Inc has a one year low of $111.08 and a one year high of $155.09. The company has a 50 day moving average of $149.77 and a 200-day moving average of $141.86. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.38 and a quick ratio of 0.38. The stock has a market cap of $38.23 billion, a price-to-earnings ratio of 16.39, a P/E/G ratio of 1.39 and a beta of 0.94. Read more …

AbbVie Inc (NYSE:ABBV) SVP Jeffrey Ryan Stewart acquired 15,552 shares of the business’s stock in a transaction on Friday, August 16th. The shares were bought at an average cost of $64.44 per share, for a total transaction of $1,002,170.88. Following the acquisition, the senior vice president now owns 65,304 shares of the company’s stock, valued at approximately $4,208,189.76. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of AbbVie stock opened at $67.54 on Thursday. The firm’s fifty day simple moving average is $67.82 and its 200-day simple moving average is $76.22. The stock has a market capitalization of $95.26 billion, a price-to-earnings ratio of 8.54, a PEG ratio of 1.53 and a beta of 0.96. AbbVie Inc has a 12 month low of $62.66 and a 12 month high of $98.70. Read more …

Keurig Dr Pepper Inc (NYSE:KDP) insider Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock in a transaction dated Tuesday, August 20th. The shares were purchased at an average price of $27.99 per share, with a total value of $167,940.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

KDP opened at $27.49 on Friday. The business has a 50 day moving average price of $28.40 and a 200 day moving average price of $28.17. Keurig Dr Pepper Inc has a twelve month low of $22.19 and a twelve month high of $31.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.23 and a current ratio of 0.33. The firm has a market cap of $39.23 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 1.49 and a beta of 0.46. Read more …

Williams Companies Inc (NYSE:WMB) Director Stephen W. Bergstrom acquired 10,000 shares of Williams Companies stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average cost of $22.99 per share, for a total transaction of $229,900.00. Following the purchase, the director now directly owns 54,965 shares of the company’s stock, valued at approximately $1,263,645.35. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

NYSE:WMB traded down $0.72 during trading hours on Friday, reaching $22.88. 8,140,714 shares of the company were exchanged, compared to its average volume of 7,542,002. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.60 and a quick ratio of 0.56. The firm has a market cap of $28.52 billion, a price-to-earnings ratio of 28.96, a PEG ratio of 3.77 and a beta of 1.56. Williams Companies Inc has a 52-week low of $20.36 and a 52-week high of $30.48. The stock has a 50 day simple moving average of $25.88 and a 200 day simple moving average of $27.24. Read more …

Notable Analyst Upgrades and Downgrades for Week of July 15, 2019

Upgrades:

Bank of America upgraded shares of Deere & Company (NYSE:DE) from a neutral rating to a buy rating in a report published on Monday morning, 24/7 WallStreet reports.

Several other analysts have also issued reports on DE. Macquarie set a $132.00 price target on shares of Deere & Company and gave the stock a hold rating in a research report on Monday, May 20th. Robert W. Baird raised shares of Deere & Company from a neutral rating to an outperform rating and upped their price target for the stock from $129.00 to $175.00 in a research report on Sunday, June 16th. Jefferies Financial Group raised shares of AGCO from a hold rating to a buy rating and upped their price target for the stock from $70.00 to $90.00 in a research report on Monday, June 24th. Wells Fargo & Co reissued a buy rating and issued a $85.00 price objective on shares of Carvana in a research report on Monday, July 1st. Finally, Morgan Stanley reissued a hold rating on shares of PG&E in a research report on Friday, June 21st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $167.78. Read more …

Gilead Sciences (NASDAQ:GILD) was upgraded by equities research analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage presently has a $88.00 target price on the biopharmaceutical company’s stock, up from their previous target price of $68.00. Wells Fargo & Co‘s price objective suggests a potential upside of 31.46% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Oppenheimer set a $85.00 target price on shares of Gilead Sciences and gave the company a “buy” rating in a research note on Friday, July 12th. Evercore ISI reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Friday, May 17th. Raymond James set a $60.00 target price on shares of Banner and gave the company a “buy” rating in a research note on Friday, May 3rd. Needham & Company LLC cut shares of Acquity Group from a “buy” rating to a “hold” rating in a research note on Monday, May 6th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $80.54. Read more …

Edward Jones upgraded shares of General Mills (NYSE:GIS) from a hold rating to a buy rating in a research note published on Monday morning, The Fly reports.

A number of other brokerages also recently commented on GIS. Bank of America set a $120.00 price objective on Walmart and gave the company a buy rating in a research report on Friday, May 17th. JPMorgan Chase & Co. lowered VESTAS WIND SYS/ADR from a neutral rating to an underweight rating in a report on Thursday, March 21st. Wells Fargo & Co restated a hold rating and issued a $160.00 target price on shares of Willis Towers Watson in a report on Friday, March 22nd. Guggenheim increased their target price on General Mills from $58.00 to $65.00 and gave the company a buy rating in a report on Wednesday, July 10th. Finally, Piper Jaffray Companies increased their target price on General Mills from $50.00 to $56.00 and gave the company a neutral rating in a report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. General Mills has a consensus rating of Hold and an average price target of $52.66. Read more …

ConocoPhillips (NYSE:COP) was upgraded by stock analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, The Fly reports.

A number of other equities analysts have also recently issued reports on the stock. Morgan Stanley set a $207.00 price target on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Friday, July 12th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 2,012 ($26.29) price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 1st. Zacks Investment Research upgraded shares of General Moly from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Mizuho began coverage on shares of Avrobio in a research note on Wednesday, June 26th. They issued a “buy” rating and a $28.00 price target on the stock. Finally, ValuEngine upgraded shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $77.07. Read more …