Showing posts with label TU. Show all posts
Showing posts with label TU. Show all posts

May 13, 2022

Notable Analyst Upgrades and Downgrades for Week of May 9 2022



 

Upgrades:

 


Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was upgraded by investment analysts at TD Securities from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

A number of other brokerages have also recently issued reports on BEP. National Bankshares increased their target price on Brookfield Renewable Partners from $38.00 to $41.00 and gave the stock an “outperform” rating in a report on Tuesday, April 19th. National Bank Financial upgraded Brookfield Renewable Partners from a “sector perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research report on Tuesday, January 18th. Zacks Investment Research lowered Brookfield Renewable Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, April 18th. CIBC upgraded Brookfield Renewable Partners from a “neutral” rating to a “sector outperform” rating and decreased their price objective for the company from $42.00 to $40.00 in a research report on Tuesday, January 11th. Finally, JPMorgan Chase & Co. decreased their price objective on Brookfield Renewable Partners from $46.00 to $39.00 in a research report on Thursday, January 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, Brookfield Renewable Partners has an average rating of “Buy” and a consensus target price of $42.38. Read more …

 


Fortis (TSE:FTS) was upgraded by research analysts at Veritas Investment Research to a “buy” rating in a research note issued on Monday, Stock Target Advisor reports.

FTS has been the topic of a number of other reports. National Bankshares boosted their target price on shares of Fortis from C$59.00 to C$60.00 and gave the stock a “sector perform” rating in a report on Thursday. Raymond James set a C$58.00 price objective on shares of Fortis and gave the stock a “market perform” rating in a research report on Thursday. BMO Capital Markets reaffirmed a “hold” rating and set a C$60.00 price objective (up from C$57.00) on shares of Fortis in a research report on Tuesday, March 15th. Credit Suisse Group lifted their price objective on shares of Fortis to C$66.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 13th. Finally, CIBC boosted their target price on shares of Fortis from C$60.00 to C$63.00 in a research report on Thursday, April 21st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$61.81. Read more …

 


Genuine Parts (NYSE:GPC) was upgraded by equities researchers at Bank of America from an "underperform" rating to a "neutral" rating in a report released on Tuesday, The Fly reports. The firm currently has a $133.00 target price on the specialty retailer's stock. Bank of America's price target indicates a potential upside of 0.80% from the stock's current price. The analysts noted that the move was a valuation call.

GPC has been the subject of a number of other reports. Wedbush restated a "neutral" rating on shares of Genuine Parts in a research report on Friday, February 18th. Truist Financial started coverage on Genuine Parts in a research report on Thursday, January 13th. They set a "hold" rating and a $142.00 price objective for the company. Finally, StockNews.com started coverage on Genuine Parts in a research report on Thursday, March 31st. They set a "strong-buy" rating for the company. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Genuine Parts presently has a consensus rating of "Hold" and an average price target of $139.25. Read more …

 

 


Wells Fargo & Company upgraded shares of Albemarle (NYSE:ALB) from an equal weight rating to an overweight rating in a report issued on Wednesday, The Fly reports. The brokerage currently has $285.00 target price on the specialty chemicals company’s stock, up from their previous target price of $215.00.

Several other brokerages also recently weighed in on ALB. Mizuho upped their target price on Albemarle from $243.00 to $293.00 in a research report on Friday, May 6th. Deutsche Bank Aktiengesellschaft upped their price objective on Albemarle from $250.00 to $290.00 in a research note on Friday, May 6th. Bank of America cut their price objective on Albemarle from $230.00 to $216.00 in a research note on Friday, February 18th. TheStreet upgraded Albemarle from a c+ rating to a b rating in a research note on Wednesday, May 4th. Finally, StockNews.com upgraded Albemarle from a sell rating to a hold rating in a research note on Friday, May 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of Buy and an average target price of $272.89. Read more …

 


Federal Realty Investment Trust (NYSE:FRT) was upgraded by equities research analysts at Raymond James from a "market perform" rating to a "strong-buy" rating in a research note issued on Thursday, Briefing.com reports. The firm currently has a $140.00 target price on the real estate investment trust's stock. Raymond James' target price points to a potential upside of 28.65% from the company's previous close.

Several other equities analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their target price on Federal Realty Investment Trust from $150.00 to $143.00 and set a "buy" rating on the stock in a research report on Thursday, March 31st. Mizuho dropped their target price on Federal Realty Investment Trust from $142.00 to $129.00 and set a "buy" rating on the stock in a research report on Tuesday, February 15th. Wells Fargo & Company decreased their price target on Federal Realty Investment Trust from $130.00 to $125.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 7th. Capital One Financial raised Federal Realty Investment Trust from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $130.00 to $145.00 in a research note on Wednesday, February 9th. Finally, StockNews.com initiated coverage on Federal Realty Investment Trust in a research note on Thursday, March 31st. They set a "hold" rating on the stock. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $134.42. Read more …

 


TC Energy (NYSE:TRP) (TSE:TRP) was upgraded by CIBC from a "neutral" rating to a "sector outperform" rating in a research report issued on Thursday, The Fly reports.

A number of other research firms also recently weighed in on TRP. National Bank Financial raised their price target on TC Energy from C$65.00 to C$66.00 in a research report on Thursday, February 17th. US Capital Advisors cut TC Energy from an "overweight" rating to a "hold" rating in a research note on Friday, March 11th. Zacks Investment Research cut TC Energy from a "hold" rating to a "sell" rating and set a $58.00 price target on the stock. in a research report on Thursday, April 28th. Wells Fargo & Company boosted their price objective on shares of TC Energy from $63.00 to $68.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 22nd. Finally, Scotiabank boosted their target price on shares of TC Energy from C$72.00 to C$78.00 in a research note on Wednesday, April 13th. Four analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $67.17. Read more …

 

 


WEC Energy Group (NYSE:WEC) was upgraded by analysts at Bank of America from a "neutral" rating to a "buy" rating in a report released on Friday, The Fly reports.

WEC has been the topic of a number of other research reports. StockNews.com initiated coverage on shares of WEC Energy Group in a research note on Thursday, March 31st. They set a "hold" rating on the stock. Evercore ISI restated a "hold" rating and set a $97.00 price target on shares of WEC Energy Group in a research note on Friday, February 4th. The Goldman Sachs Group upgraded shares of WEC Energy Group from a "sell" rating to a "neutral" rating and set a $99.00 price target on the stock in a research note on Thursday, January 13th. Credit Suisse Group initiated coverage on shares of WEC Energy Group in a research note on Monday, April 25th. They set a "neutral" rating and a $108.00 price target on the stock. Finally, BMO Capital Markets restated a "hold" rating and set a $98.00 price target on shares of WEC Energy Group in a research note on Friday, February 4th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, WEC Energy Group has an average rating of "Hold" and an average target price of $101.00. Read more …

 


Waste Management (NYSE:WM) was upgraded by Bank of America from an "underperform" rating to a "neutral" rating in a note issued to investors on Friday, The Fly reports.

Several other equities research analysts also recently weighed in on the company. BMO Capital Markets downgraded Waste Management from an "outperform" rating to a "market perform" rating and set a $174.00 price target on the stock. in a report on Tuesday, April 12th. Raymond James increased their price objective on Waste Management from $167.00 to $170.00 and gave the stock an "outperform" rating in a research note on Friday, April 22nd. cut Waste Management to a "hold" rating in a research note on Wednesday, February 9th. JPMorgan Chase & Co. began coverage on Waste Management in a research note on Tuesday, March 1st. They issued a "neutral" rating and a $153.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Waste Management from $157.00 to $167.00 in a research note on Thursday, April 28th. Six research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Waste Management presently has an average rating of "Hold" and a consensus target price of $161.00. Read more …

 

 

Downgrades:

 


Domino's Pizza (NYSE:DPZ) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating in a research note issued on Monday, The Fly reports.

A number of other equities research analysts have also issued reports on DPZ. Guggenheim cut their price target on shares of Domino's Pizza from $445.00 to $370.00 in a report on Friday. BMO Capital Markets cut their price target on shares of Domino's Pizza from $450.00 to $400.00 in a report on Friday, April 29th. Oppenheimer cut their price target on shares of Domino's Pizza from $510.00 to $435.00 in a report on Friday, April 29th. Cowen cut their price target on shares of Domino's Pizza from $390.00 to $365.00 in a report on Friday, April 29th. Finally, Credit Suisse Group cut their target price on shares of Domino's Pizza from $475.00 to $400.00 in a research note on Friday, April 29th. One analyst has rated the stock with a sell rating, twenty-three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $440.04. Read more …

 

 


Novartis (NYSE:NVS) was downgraded by equities research analysts at Wolfe Research from an "outperform" rating to a "market perform" rating in a research report issued on Monday, MarketBeat reports.

Several other research firms have also recently weighed in on NVS. Barclays upped their target price on Novartis from CHF 80 to CHF 85 in a research note on Thursday, April 14th. StockNews.com assumed coverage on Novartis in a research report on Thursday, March 31st. They set a "strong-buy" rating for the company. UBS Group lifted their target price on Novartis from CHF 85 to CHF 88 and gave the company a "neutral" rating in a research report on Wednesday, April 27th. Societe Generale dropped their target price on shares of Novartis from CHF 107 to CHF 105 in a report on Thursday, February 3rd. Finally, Morgan Stanley lifted their price target on shares of Novartis from CHF 90 to CHF 94 in a report on Friday. Three research analysts have rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $90.50. Read more …

 


Edison International (NYSE:EIX) was downgraded by investment analysts at Mizuho from a “buy” rating to a “neutral” rating in a report issued on Tuesday, Briefing.com reports. They currently have a $72.00 price objective on the utilities provider’s stock, down from their previous price objective of $82.00. Mizuho’s price target suggests a potential upside of 2.77% from the company’s current price.

EIX has been the topic of several other research reports. Morgan Stanley dropped their price target on Edison International from $66.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 26th. Wells Fargo & Company boosted their price target on Edison International from $70.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, March 30th. Citigroup boosted their price target on Edison International from $67.00 to $79.00 in a research report on Wednesday, May 4th. StockNews.com initiated coverage on Edison International in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Royal Bank of Canada boosted their price target on Edison International from $73.00 to $82.00 and gave the company an “outperform” rating in a research report on Thursday, April 14th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Edison International presently has an average rating of “Hold” and a consensus price target of $71.75. Read more …

 


Essex Property Trust (NYSE:ESS) was downgraded by research analysts at Barclays from an "equal weight" rating to an "underweight" rating in a research report issued on Tuesday, Briefing.com reports. They presently have a $310.00 target price on the real estate investment trust's stock, down from their prior target price of $367.00. Barclays's price target would indicate a potential upside of 4.74% from the stock's previous close.

A number of other brokerages also recently weighed in on ESS. Truist Financial lowered their target price on Essex Property Trust from $378.00 to $370.00 and set a "buy" rating for the company in a report on Monday, March 21st. Mizuho lowered their target price on Essex Property Trust from $382.00 to $342.00 and set a "buy" rating for the company in a report on Wednesday, February 16th. KeyCorp lifted their target price on Essex Property Trust from $363.00 to $371.00 and gave the stock an "overweight" rating in a report on Thursday, January 13th. Morgan Stanley boosted their price objective on Essex Property Trust from $335.00 to $365.00 and gave the company an "equal weight" rating in a report on Friday, April 8th. Finally, StockNews.com initiated coverage on Essex Property Trust in a report on Thursday, March 31st. They set a "hold" rating for the company. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Essex Property Trust presently has a consensus rating of "Hold" and a consensus price target of $358.13. Read more …

 

 


Home Depot (NYSE:HD) was downgraded by analysts at OTR Global to a “positive” rating in a report issued on Tuesday, The Fly reports.

HD has been the topic of several other reports. UBS Group dropped their price objective on Home Depot from $470.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, February 23rd. Telsey Advisory Group dropped their price objective on Home Depot from $425.00 to $375.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 23rd. Citigroup dropped their price objective on Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a research note on Wednesday, February 23rd. Robert W. Baird dropped their price objective on Home Depot from $425.00 to $380.00 in a research note on Tuesday, February 22nd. Finally, Guggenheim dropped their price objective on Home Depot from $425.00 to $400.00 and set a “buy” rating on the stock in a research note on Wednesday, February 23rd. Five investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. According to MarketBeat.com, Home Depot has a consensus rating of “Buy” and an average target price of $387.43. Read more …

 


Lowe’s Companies (NYSE:LOW) was downgraded by stock analysts at OTR Global to a “positive” rating in a report released on Tuesday, The Fly reports.

Other equities research analysts have also issued reports about the company. Telsey Advisory Group lifted their target price on Lowe’s Companies from $275.00 to $285.00 and gave the company an “outperform” rating in a research report on Thursday, February 24th. Loop Capital cut their price target on Lowe’s Companies from $240.00 to $190.00 in a report on Tuesday, April 12th. Morgan Stanley lifted their price target on Lowe’s Companies from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Tuesday, January 18th. StockNews.com upgraded Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Thursday, May 5th. Finally, Gordon Haskett downgraded Lowe’s Companies from a “buy” rating to an “accumulate” rating in a report on Friday. One analyst has rated the stock with a sell rating, two have given a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $260.80. Read more …

 


Altria Group (NYSE:MO) was downgraded by Sanford C. Bernstein from an "outperform" rating to a "market perform" rating in a report issued on Tuesday, Briefing.com reports. They currently have a $53.00 target price on the stock, down from their prior target price of $58.00. Sanford C. Bernstein's price objective points to a potential downside of 4.09% from the stock's previous close.

Other analysts also recently issued reports about the company. Morgan Stanley increased their price target on Altria Group from $47.00 to $51.00 and gave the company an "equal weight" rating in a report on Wednesday, January 26th. The Goldman Sachs Group upgraded Altria Group from a "neutral" rating to a "buy" rating and increased their price target for the company from $48.00 to $57.00 in a report on Tuesday, March 22nd. StockNews.com started coverage on Altria Group in a report on Thursday, March 31st. They issued a "buy" rating for the company. Cowen increased their price target on Altria Group from $51.00 to $53.00 in a report on Thursday, April 7th. Finally, Royal Bank of Canada downgraded Altria Group from an "outperform" rating to a "sector perform" rating and set a $53.00 price target for the company. in a report on Monday, March 28th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $53.75. Read more …

 

 


TELUS (TSE:T) (NYSE:TU) was downgraded by Barclays to a “hold” rating in a research report issued to clients and investors on Tuesday, TipRanks reports. They currently have a C$26.00 target price on the stock. Barclays‘s price objective indicates a potential downside of 16.72% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. TD Securities downgraded shares of TELUS from a “buy” rating to a “hold” rating and set a C$34.00 price objective for the company. in a research report on Monday, March 7th. Canaccord Genuity Group increased their price objective on shares of TELUS from C$33.00 to C$34.00 in a research report on Friday, February 11th. BMO Capital Markets increased their price objective on shares of TELUS from C$32.00 to C$34.00 in a research report on Friday, February 11th. JPMorgan Chase & Co. raised shares of TELUS from a “neutral” rating to a “buy” rating and increased their price objective for the stock from C$30.00 to C$36.00 in a research report on Monday, February 14th. Finally, CIBC downgraded shares of TELUS from an “outperform” rating to a “hold” rating and raised their target price for the company from C$33.50 to C$34.00 in a research report on Friday, April 22nd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, TELUS currently has an average rating of “Buy” and a consensus price target of C$33.42. Read more …

 


Air Products and Chemicals (NYSE:APD) was downgraded by equities research analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other equities research analysts have also recently weighed in on the stock. StockNews.com began coverage on shares of Air Products and Chemicals in a research note on Thursday, March 31st. They set a "hold" rating on the stock. Barclays cut their price objective on shares of Air Products and Chemicals from $300.00 to $275.00 in a research note on Monday. Bank of America cut shares of Air Products and Chemicals from a "buy" rating to a "neutral" rating and cut their price objective for the company from $337.00 to $285.00 in a research note on Monday, February 7th. Cowen cut their price objective on shares of Air Products and Chemicals from $365.00 to $345.00 in a research note on Monday, February 7th. Finally, JPMorgan Chase & Co. upgraded shares of Air Products and Chemicals from a "neutral" rating to an "overweight" rating and set a $275.00 price target on the stock in a research report on Monday, March 21st. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $308.20. Read more …

 


Corning (NYSE:GLW) was downgraded by equities research analysts at Barclays from an "overweight" rating to an "equal weight" rating in a report released on Wednesday, Briefing.com reports. They presently have a $38.00 price objective on the electronics maker's stock, down from their prior price objective of $53.00. Barclays's price target suggests a potential upside of 5.56% from the company's previous close.

Several other equities analysts have also commented on GLW. The Goldman Sachs Group restated a "buy" rating and issued a $50.00 price objective on shares of Corning in a report on Friday, March 11th. Susquehanna Bancshares upgraded shares of Corning from a "neutral" rating to a "positive" rating and increased their target price for the stock from $38.00 to $50.00 in a report on Friday, January 28th. Bank of America reduced their target price on shares of Corning from $48.00 to $45.00 in a report on Tuesday, January 25th. Zacks Investment Research upgraded shares of Corning from a "sell" rating to a "hold" rating and set a $45.00 target price on the stock in a report on Monday, January 31st. Finally, Susquehanna upgraded shares of Corning from a "neutral" rating to a "positive" rating and increased their target price for the stock from $38.00 to $50.00 in a report on Friday, January 28th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, Corning has a consensus rating of "Buy" and an average target price of $46.00. Read more …

 

 


American Express (NYSE:AXP) was downgraded by stock analysts at Wolfe Research from an "outperform" rating to a "peer perform" rating in a research report issued on Thursday, The Fly reports. They currently have a $146.00 price objective on the payment services company's stock. Wolfe Research's target price points to a potential downside of 8.40% from the company's previous close.

AXP has been the topic of several other reports. Citigroup increased their price target on shares of American Express from $187.00 to $190.00 and gave the company a "neutral" rating in a research note on Tuesday, April 26th. BMO Capital Markets increased their price objective on American Express from $152.00 to $155.00 and gave the company a "market perform" rating in a research report on Wednesday, January 26th. Wells Fargo & Company boosted their target price on American Express from $200.00 to $215.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft raised their price target on American Express from $200.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, January 26th. Finally, StockNews.com assumed coverage on American Express in a report on Thursday, March 31st. They set a "hold" rating for the company. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $192.26. Read more …

 


Manulife Financial (NYSE:MFC) (TSE:MFC) was downgraded by investment analysts at Canaccord Genuity Group from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Friday, Briefing.com reports.

A number of other research firms have also recently commented on MFC. TD Securities lowered their price target on Manulife Financial from C$37.00 to C$34.00 in a report on Thursday. Scotiabank lowered their price target on Manulife Financial from C$30.00 to C$28.00 in a report on Monday, May 2nd. BMO Capital Markets cut Manulife Financial from an "outperform" rating to a "market perform" rating in a report on Thursday. National Bank Financial reduced their price objective on Manulife Financial from C$28.00 to C$26.00 in a research note on Thursday. Finally, Canaccord Genuity Group downgraded Manulife Financial from a "buy" rating to a "hold" rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Manulife Financial currently has a consensus rating of "Hold" and a consensus price target of $29.90. Read more …

 


United Parcel Service (NYSE:UPS) was downgraded by stock analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a research report issued on Friday, The Fly reports. They currently have a $202.00 price objective on the transportation company's stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 13.07% from the stock's current price.

Several other equities research analysts have also weighed in on the company. Susquehanna dropped their price target on United Parcel Service from $218.00 to $195.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 27th. Wolfe Research restated a "peer perform" rating on shares of United Parcel Service in a research report on Tuesday, April 5th. BNP Paribas upgraded United Parcel Service from an "underperform" rating to a "neutral" rating and set a $191.00 price objective for the company in a research note on Thursday, January 20th. Deutsche Bank Aktiengesellschaft lowered their price objective on United Parcel Service from $221.00 to $216.00 and set a "hold" rating for the company in a research note on Wednesday, February 2nd. Finally, Loop Capital upgraded United Parcel Service from a "hold" rating to a "buy" rating and decreased their price target for the stock from $232.00 to $189.00 in a research note on Thursday, April 14th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, United Parcel Service has an average rating of "Hold" and an average target price of $225.04. Read more …

 

May 7, 2022

Dividend Increases Week 18



 

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, 20 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

March 11, 2022

Notable Analyst Upgrades and Downgrades for Week of March 7 2022 (Part 1)

 



Upgrades:

 


NextEra Energy (NYSE:NEE) was upgraded by research analysts at KeyCorp to an "overweight" rating in a research report issued on Monday, Stock Target Advisor reports. The firm presently has a $87.00 target price on the utilities provider's stock. KeyCorp's price target would suggest a potential upside of 8.47% from the stock's previous close.

Several other equities analysts have also recently issued reports on NEE. BMO Capital Markets boosted their price objective on NextEra Energy from $89.00 to $98.00 and gave the company an "outperform" rating in a report on Wednesday, December 8th. Morgan Stanley lowered their price objective on NextEra Energy from $90.00 to $88.00 and set an "equal weight" rating on the stock in a research report on Friday, February 18th. Mizuho dropped their price objective on shares of NextEra Energy from $91.00 to $88.00 in a research note on Monday, January 24th. Finally, Wells Fargo & Company decreased their target price on shares of NextEra Energy from $104.00 to $102.00 and set an "overweight" rating for the company in a research note on Wednesday, January 26th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $89.43. Read more …

 


Bank of America (NYSE:BAC) was upgraded by research analysts at Robert W. Baird from an "underperform" rating to a "neutral" rating in a research report issued on Tuesday, Briefing.com reports. The firm presently has a $42.00 price objective on the financial services provider's stock. Robert W. Baird's price objective would indicate a potential upside of 9.55% from the company's current price.

A number of other analysts have also recently commented on BAC. Societe Generale downgraded Bank of America from a "buy" rating to a "hold" rating in a report on Wednesday, January 5th. They noted that the move was a valuation call. UBS Group assumed coverage on Bank of America in a report on Friday, December 10th. They set a "buy" rating and a $64.00 price target for the company. Zacks Investment Research downgraded Bank of America from a "buy" rating to a "hold" rating and set a $51.00 price objective on the stock. in a research note on Monday, February 7th. Morgan Stanley raised their target price on shares of Bank of America from $49.00 to $51.00 and gave the stock an "underweight" rating in a research note on Thursday, January 20th. Finally, Argus raised their price objective on shares of Bank of America from $50.00 to $55.00 in a research report on Thursday, January 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $50.38. Read more …

 


Caterpillar (NYSE:CAT) was upgraded by Jefferies Financial Group from a "hold" rating to a "buy" rating in a report issued on Tuesday, Benzinga reports. The brokerage currently has a $260.00 price objective on the industrial products company's stock, up from their previous price objective of $215.00. Jefferies Financial Group's target price would suggest a potential upside of 32.18% from the stock's current price.

Several other brokerages also recently commented on CAT. Morgan Stanley cut their price target on shares of Caterpillar from $166.00 to $164.00 and set an "underweight" rating on the stock in a report on Thursday, December 9th. StockNews.com downgraded shares of Caterpillar from a "buy" rating to a "hold" rating in a research note on Saturday, February 5th. Credit Suisse Group dropped their price objective on shares of Caterpillar from $275.00 to $255.00 and set an "outperform" rating on the stock in a research note on Monday, January 31st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Caterpillar from $233.00 to $242.00 and gave the company a "buy" rating in a research note on Friday, December 10th. Finally, Citigroup increased their price objective on shares of Caterpillar from $225.00 to $230.00 in a research note on Thursday, January 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $242.18. Read more …

 

 


Fastenal (NASDAQ:FAST) was upgraded by equities researchers at Wells Fargo & Company from an "underweight" rating to an "equal weight" rating in a note issued to investors on Tuesday, Briefing.com reports. The brokerage presently has a $58.00 target price on the stock, up from their previous target price of $50.00. Wells Fargo & Company's target price would indicate a potential upside of 7.21% from the company's previous close.

Several other equities research analysts have also commented on FAST. Loop Capital upped their target price on Fastenal from $53.00 to $57.00 and gave the company a "hold" rating in a research report on Tuesday, December 7th. They noted that the move was a valuation call. StockNews.com lowered Fastenal from a "buy" rating to a "hold" rating in a research report on Thursday, March 3rd. Robert W. Baird upped their target price on Fastenal from $64.00 to $66.00 in a research report on Monday. Finally, Morgan Stanley upped their target price on Fastenal from $53.00 to $54.00 and gave the company an "underweight" rating in a research report on Thursday, January 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $59.50. Read more …

January 8, 2022

Notable Analyst Upgrades and Downgrades for Week of January 3 2022 (Part 3)



 

Upgrades:

 


Exxon Mobil (NYSE:XOM) was upgraded by equities research analysts at Truist Securities from a “sell” rating to a “hold” rating in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a $65.00 target price on the oil and gas company’s stock. Truist Securities’ price objective suggests a potential downside of 2.62% from the stock’s previous close.

A number of other equities analysts have also weighed in on XOM. Wells Fargo & Company boosted their target price on Exxon Mobil from $71.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, November 1st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $71.00 price objective on shares of Exxon Mobil in a report on Monday. Truist downgraded Exxon Mobil from a “hold” rating to a “sell” rating and cut their price objective for the company from $66.00 to $50.00 in a research report on Tuesday, November 2nd. Jefferies Financial Group set a $59.00 price objective on Exxon Mobil in a research report on Wednesday, December 1st. Finally, Barclays increased their price target on Exxon Mobil from $71.00 to $73.00 and gave the company an “overweight” rating in a research note on Wednesday, December 8th. Four research analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Hold” and a consensus target price of $65.25. Read more …

 


Baxter International (NYSE:BAX) was upgraded by equities research analysts at Morgan Stanley to an “overweight” rating in a research note issued to investors on Friday, Stock Target Advisor reports. The firm currently has a $110.00 price objective on the medical instruments supplier’s stock, up from their prior price objective of $86.00. Morgan Stanley’s price target would suggest a potential upside of 26.76% from the stock’s previous close.

BAX has been the topic of a number of other research reports. JPMorgan Chase & Co. assumed coverage on Baxter International in a research report on Friday, December 17th. They issued an “overweight” rating on the stock. Raymond James boosted their price target on Baxter International from $93.00 to $99.00 and gave the stock an “outperform” rating in a research report on Tuesday. Cowen raised Baxter International from a “market perform” rating to an “outperform” rating and set a $98.00 price target on the stock in a research report on Monday, September 13th. Finally, KeyCorp boosted their price target on Baxter International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research report on Tuesday. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $95.27. Read more …

 


Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was upgraded by research analysts at Scotiabank from a "sector perform" rating to a "sector outperform" rating in a research note issued on Friday, Briefing.com reports.

Several other equities analysts have also recently commented on BEP. Zacks Investment Research raised Brookfield Renewable Partners from a "sell" rating to a "hold" rating in a report on Wednesday, October 6th. TheStreet cut Brookfield Renewable Partners from a "c-" rating to a "d+" rating in a report on Thursday, December 2nd. Tudor Pickering reaffirmed a "buy" rating and issued a C$44.00 price target on shares of Brookfield Renewable Partners in a report on Friday, September 24th. JPMorgan Chase & Co. raised Brookfield Renewable Partners from a "neutral" rating to an "overweight" rating and set a $46.00 price target for the company in a report on Thursday, December 9th. Finally, Raymond James set a $44.00 target price on Brookfield Renewable Partners and gave the stock an "outperform" rating in a report on Monday, November 8th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $44.42. Read more …

 

 


Dover (NYSE:DOV) was upgraded by analysts at Oppenheimer from a "market perform" rating to an "outperform" rating in a note issued to investors on Friday, Briefing.com reports. The firm currently has a $205.00 target price on the industrial products company's stock. Oppenheimer's price target points to a potential upside of 12.97% from the stock's previous close.

DOV has been the subject of a number of other reports. Morgan Stanley increased their target price on Dover from $173.00 to $190.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 20th. Vertical Research assumed coverage on Dover in a report on Friday, October 8th. They issued a "sell" rating and a $152.00 target price for the company. Royal Bank of Canada increased their target price on Dover from $163.00 to $171.00 and gave the stock a "sector perform" rating in a report on Wednesday, October 20th. JPMorgan Chase & Co. increased their target price on Dover from $178.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, October 20th. Finally, Mizuho began coverage on Dover in a research report on Thursday, December 16th. They set a "buy" rating and a $195.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $183.69. Read more …

November 7, 2021

Dividend Increases Week 44, 2021

 



In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks.

 

Recently, 15 popular companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

 

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.


* Canadian Dollars


January 8, 2021

Notable Analyst Upgrades and Downgrades for Week of January 4, 2021 (Part 1)

 


Upgrades:

 


Morgan Stanley (NYSE:MS) was upgraded by investment analysts at Barclays from an "equal weight" rating to an "overweight" rating in a note issued to investors on Monday, AR Network reports. The brokerage currently has a $88.00 target price on the financial services provider's stock. Barclays's target price points to a potential upside of 28.41% from the stock's current price.

A number of other equities analysts also recently commented on MS. JPMorgan Chase & Co. assumed coverage on Morgan Stanley in a research note on Tuesday, October 13th. They issued an "overweight" rating and a $57.00 price target for the company. DA Davidson lifted their price target on Morgan Stanley from $64.00 to $68.00 in a research note on Friday, October 16th. ValuEngine downgraded Morgan Stanley from a "sell" rating to a "strong sell" rating in a research note on Wednesday, December 2nd. Berenberg Bank lifted their price target on Morgan Stanley from $45.00 to $50.00 and gave the stock a "hold" rating in a research note on Monday, October 19th. Finally, Oppenheimer reissued a "buy" rating on shares of Morgan Stanley in a report on Tuesday, September 8th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of "Buy" and a consensus price target of $59.52. Read more …

 


The Goldman Sachs Group (NYSE:GS) was upgraded by stock analysts at Barclays from an “equal weight” rating to an “overweight” rating in a report issued on Monday, AR Network reports. The brokerage currently has a $362.00 target price on the investment management company’s stock. Barclays‘s price objective would suggest a potential upside of 37.27% from the company’s current price.

GS has been the subject of several other reports. Wells Fargo & Company reaffirmed a “buy” rating on shares of The Goldman Sachs Group in a research report on Monday, December 21st. ValuEngine cut The Goldman Sachs Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 17th. Credit Suisse Group increased their price target on The Goldman Sachs Group from $262.00 to $325.00 and gave the stock an “outperform” rating in a research note on Friday, December 11th. BMO Capital Markets upped their price target on The Goldman Sachs Group from $267.00 to $274.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. Finally, JMP Securities raised their target price on shares of The Goldman Sachs Group from $280.00 to $285.00 and gave the company a “market outperform” rating in a research note on Thursday, October 15th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $262.86. Read more …

 


AT&T (NYSE:T) was upgraded by research analysts at Raymond James from a "market perform" rating to an "outperform" rating in a note issued to investors on Monday, Briefing.com reports. The firm currently has a $32.00 target price on the technology company's stock. Raymond James' target price would suggest a potential upside of 11.27% from the stock's current price.

Other equities analysts have also recently issued reports about the stock. KeyCorp cut shares of AT&T from a "sector weight" rating to an "underweight" rating and set a $25.00 price target for the company. in a research report on Monday, October 5th. BidaskClub lowered shares of AT&T from a "sell" rating to a "strong sell" rating in a research note on Friday, December 18th. Barclays initiated coverage on AT&T in a research note on Friday, October 2nd. They issued an "overweight" rating on the stock. Royal Bank of Canada lowered their target price on shares of AT&T from $32.00 to $30.00 in a report on Monday, October 26th. Finally, Morgan Stanley downgraded AT&T from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $36.00 to $34.00 in a research report on Thursday, December 17th. Six equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company's stock. The stock presently has an average rating of "Hold" and a consensus price target of $32.40. Read more …

 

 


V.F. (NYSE:VFC) was upgraded by equities research analysts at Piper Sandler to an “overweight” rating in a research note issued to investors on Monday, Stock Target Advisor reports. The firm currently has a $106.00 target price on the textile maker’s stock, up from their previous target price of $73.00. Piper Sandler’s price target would suggest a potential upside of 24.11% from the stock’s current price.

A number of other analysts have also recently commented on the stock. Wells Fargo & Company upgraded shares of V.F. from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $85.00 to $100.00 in a research note on Tuesday, November 17th. Royal Bank of Canada increased their price objective on shares of V.F. from $84.00 to $94.00 in a research report on Tuesday, November 10th. Robert W. Baird raised their price target on shares of V.F. from $85.00 to $92.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 10th. Cowen raised their price target on shares of V.F. from $64.00 to $81.00 and gave the stock an “outperform” rating in a research report on Thursday, October 15th. Finally, BTIG Research raised shares of V.F. from a “neutral” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Tuesday, September 15th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $83.42. Read more …

 

May 5, 2018

Notable Analyst Upgrades and Downgrades for Week of April 30, 2018



Upgrades:


Delta Air Lines (NYSE:DAL) was upgraded by research analysts at JPMorgan Chase to a “buy” rating in a research note issued to investors on Monday. Other analysts also recently issued research reports about the stock. Stephens reiterated a “buy” rating and issued a $72.00 target price on shares of Delta Air Lines in a report on Wednesday, January 10th. Stifel Nicolaus reiterated a “buy” rating and issued a $85.00 target price (up previously from $75.00) on shares of Delta Air Lines in a report on Wednesday, January 10th. Zacks Investment Research upgraded shares of Delta Air Lines from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a report on Thursday, February 8th. Imperial Capital reiterated an “outperform” rating and issued a $65.00 target price (up previously from $63.00) on shares of Delta Air Lines in a report on Friday, January 12th. Finally, Sanford C. Bernstein set a $67.00 target price on shares of Delta Air Lines and gave the company a “buy” rating in a report on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Delta Air Lines has an average rating of “Buy” and a consensus target price of $68.05. Read more …

Altria (NYSE:MO) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research report issued on Monday, MarketBeat.com reports. The analysts noted that the move was a valuation call. Several other equities research analysts have also issued reports on the company. Jefferies Group raised Altria from a “hold” rating to a “buy” rating and dropped their price objective for the company from $70.04 to $70.00 in a research note on Friday, January 19th. Zacks Investment Research raised Altria from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research note on Tuesday, February 6th. Vetr raised Altria from a “hold” rating to a “buy” rating and set a $71.45 price objective for the company in a research note on Monday, February 5th. Argus reaffirmed a “buy” rating and set a $79.00 price target (up previously from $66.13) on shares of Altria in a research note on Wednesday, March 14th. Finally, Deutsche Bank began coverage on Altria in a research note on Monday, March 26th. They set a “buy” rating and a $72.00 price target for the company. Two research analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Altria has an average rating of “Buy” and a consensus price target of $73.42. Read more …

Telus (NYSE:TU) (TSE:T) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a note issued to investors on Monday. The brokerage presently has a $51.00 price target on the Wireless communications provider’s stock. Morgan Stanley’s price target would indicate a potential upside of 41.67% from the company’s previous close. A number of other equities research analysts have also issued reports on the company. ValuEngine lowered Telus from a “buy” rating to a “hold” rating in a research note on Thursday, April 19th. Zacks Investment Research lowered Telus from a “hold” rating to a “sell” rating in a research note on Thursday, April 12th. Finally, TD Securities raised Telus from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $45.14. Read more …


BMO Capital Markets upgraded shares of Ventas (NYSE:VTR) from an underperform rating to a market perform rating in a report issued on Monday, Marketbeat Ratings reports. The brokerage currently has $55.00 price target on the real estate investment trust’s stock. The analysts noted that the move was a valuation call. Several other research firms have also issued reports on VTR. Stifel Nicolaus set a $56.00 price objective on Ventas and gave the company a hold rating in a research note on Friday, February 9th. KeyCorp lowered their price objective on Ventas from $50.00 to $43.00 and set an underweight rating for the company in a research note on Monday, April 16th. TheStreet lowered Ventas from a b- rating to a c+ rating in a research note on Thursday, March 8th. ValuEngine raised Ventas from a hold rating to a buy rating in a research note on Friday, January 5th. Finally, Zacks Investment Research raised Ventas from a sell rating to a hold rating in a research note on Monday, April 16th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $57.69. Read more …