Notable Analyst Upgrades and Downgrades for Week of September 28, 2020

 

Upgrades:

FedEx (NYSE:FDX) was upgraded by Deutsche Bank from a "hold" rating to a "buy" rating in a research note issued to investors on Monday, Briefing.com reports. The firm currently has a $318.00 price objective on the shipping service provider's stock. Deutsche Bank's price target suggests a potential upside of 27.11% from the company's current price.

 

Other equities analysts have also issued reports about the stock. Robert W. Baird raised their price target on shares of FedEx from $232.00 to $275.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 16th. Berenberg Bank set a $280.00 price objective on shares of FedEx and gave the stock a "buy" rating in a research note on Thursday, September 3rd. Stifel Nicolaus raised shares of FedEx from a "hold" rating to a "buy" rating and raised their price objective for the stock from $175.00 to $281.00 in a research note on Thursday. Evercore ISI started coverage on shares of FedEx in a research note on Wednesday, September 9th. They set an "outperform" rating and a $300.00 price objective on the stock. Finally, Barclays raised their price objective on shares of FedEx from $205.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Wednesday, September 16th. Eight analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. FedEx presently has an average rating of "Buy" and a consensus target price of $271.60. Read more …

Chevron (NYSE:CVX) was upgraded by equities research analysts at BofA Securities from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm presently has a $96.00 price target on the oil and gas company's stock. BofA Securities' price objective would indicate a potential upside of 33.65% from the stock's current price.

 

Other research analysts have also issued research reports about the stock. MKM Partners started coverage on shares of Chevron in a research report on Thursday. They issued a "buy" rating and a $121.00 price target for the company. Morgan Stanley increased their price target on shares of Chevron from $104.00 to $108.00 and gave the stock an "overweight" rating in a research report on Friday, August 21st. JPMorgan Chase & Co. increased their price target on shares of Chevron from $103.00 to $109.00 and gave the stock an "overweight" rating in a research report on Monday, June 8th. Scotiabank lowered shares of Chevron from a "sector outperform" rating to a "sector perform" rating and set a $95.00 price target for the company. in a research report on Wednesday, September 23rd. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $108.00 price target on shares of Chevron in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. Chevron presently has a consensus rating of "Buy" and a consensus target price of $107.83. Read more …

ONEOK (NYSE:OKE) had its price target lowered by stock analysts at Bank of America from $35.00 to $31.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a "neutral" rating on the utilities provider's stock. Bank of America's target price indicates a potential upside of 15.80% from the stock's current price.

 

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada lifted their price objective on ONEOK from $31.00 to $33.00 and gave the company a "sector perform" rating in a report on Thursday, July 30th. Mizuho lowered their price objective on ONEOK from $40.00 to $34.00 and set a "neutral" rating on the stock in a report on Tuesday, July 7th. Wells Fargo & Company lowered ONEOK from an "overweight" rating to an "equal weight" rating and set a $33.00 price objective on the stock. in a report on Wednesday, July 22nd. Stifel Nicolaus decreased their price target on ONEOK from $38.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Scotiabank lowered ONEOK from a "sector outperform" rating to a "sector perform" rating and set a $31.00 price target on the stock. in a research note on Monday, September 21st. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of "Hold" and a consensus price target of $37.60. Read more …

Starbucks (NASDAQ:SBUX) was upgraded by equities researchers at Cowen from a "market perform" rating to an "outperform" rating in a report issued on Wednesday, Briefing.com reports. The firm currently has a $99.00 target price on the coffee company's stock, up from their prior target price of $77.00. Cowen's price objective would suggest a potential upside of 16.75% from the stock's previous close.

 

Several other research firms also recently commented on SBUX. JPMorgan Chase & Co. increased their target price on shares of Starbucks from $76.00 to $80.00 and gave the stock a "neutral" rating in a research report on Monday, September 21st. Zacks Investment Research upgraded shares of Starbucks from a "sell" rating to a "hold" rating and set a $86.00 price target for the company in a report on Monday, June 8th. Bank of America upped their price target on shares of Starbucks from $82.00 to $88.00 and gave the company a "neutral" rating in a report on Monday. Telsey Advisory Group decreased their price target on shares of Starbucks from $90.00 to $80.00 and set a "market perform" rating for the company in a report on Tuesday, June 23rd. Finally, Atlantic Securities began coverage on shares of Starbucks in a report on Monday, June 15th. They set an "overweight" rating and a $95.00 price target for the company. Fifteen equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of "Buy" and a consensus target price of $85.42. Read more …

Week's Most Significant Insider Trades: Jan 29 - Feb 2, 2018

Disposals:

Procter & Gamble Co (NYSE:PG) insider Deborah P. Majoras sold 4,591 shares of the business’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $87.48, for a total transaction of $401,620.68. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Read more …

Procter & Gamble Co (NYSE:PG) insider Kathleen B. Fish sold 10,192 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $86.97, for a total transaction of $886,398.24. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 

Procter & Gamble Co (PG) opened at $85.52 on Friday. The company has a market cap of $217,663.39 and a PE ratio of 22.95. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.41. Procter & Gamble Co has a fifty-two week low of $85.42 and a fifty-two week high of $94.67. Read more …

American Airlines Group Inc (NASDAQ:AAL) VP Derek J. Kerr sold 39,662 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $52.77, for a total transaction of $2,092,963.74. Following the completion of the sale, the vice president now owns 429,046 shares in the company, valued at $22,640,757.42. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. American Airlines Group Inc (AAL) opened at $53.88 on Friday. The stock has a market cap of $25,780.00, a PE ratio of 13.78, a price-to-earnings-growth ratio of 1.15 and a beta of 0.99. The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of 5.73. American Airlines Group Inc has a 1-year low of $39.21 and a 1-year high of $59.08. Read more …

Raytheon (NYSE:RTN) VP Frank R. Jimenez sold 3,405 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $210.93, for a total value of $718,216.65. Following the completion of the sale, the vice president now directly owns 25,342 shares in the company, valued at $5,345,388.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Read more …

Raytheon (NYSE:RTN) VP Michael J. Wood sold 1,974 shares of the stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $208.07, for a total transaction of $410,730.18. Following the transaction, the vice president now owns 17,467 shares in the company, valued at $3,634,358.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 

Shares of Raytheon (NYSE:RTN) opened at $208.94 on Thursday. Raytheon has a 52-week low of $143.23 and a 52-week high of $212.69. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.46 and a current ratio of 1.54. The company has a market cap of $60,400.00, a P/E ratio of 30.11, a P/E/G ratio of 2.04 and a beta of 0.58. Read more …

PPL Corp (NYSE:PPL) insider Vincent Sorgi sold 10,274 shares of the business’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $31.54, for a total value of $324,041.96. Following the transaction, the insider now owns 3,406 shares of the company’s stock, valued at $107,425.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. PPL Corp (PPL) traded up $0.45 on Wednesday, hitting $31.87. The stock had a trading volume of 6,988,243 shares, compared to its average volume of 7,220,000. PPL Corp has a 1 year low of $30.44 and a 1 year high of $40.20. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.56 and a quick ratio of 0.48. The stock has a market cap of $21,940.00, a PE ratio of 14.42, a P/E/G ratio of 1.94 and a beta of 0.48. Read more …

This Week's Most Significant Insider Trades: August 14-18, 2017

Disposals:

Apple Inc. (NASDAQ:AAPL) SVP Johny Srouji sold 10,469 shares of Apple stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $162.20, for a total value of $1,698,071.80. Following the completion of the sale, the senior vice president now directly owns 76,250 shares in the company, valued at $12,367,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Read More …

Bank Of New York Mellon Corporation (The) (NYSE:BK) Vice Chairman Brian T. Shea sold 44,250 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $52.90, for a total value of $2,340,825.00. Following the transaction, the insider now directly owns 204,043 shares in the company, valued at approximately $10,793,874.70. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Read More …

CVS Health Corporation (NYSE:CVS) Director Richard J. Swift sold 2,500 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $79.62, for a total value of $199,050.00. Following the transaction, the director now owns 3,258 shares of the company’s stock, valued at $259,401.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Read More …

General Motors Company (NYSE:GM) (TSE:GMM.U) insider Alan S. Batey sold 8,144 shares of General Motors stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $35.57, for a total transaction of $289,682.08. Following the sale, the insider now owns 66,748 shares of the company’s stock, valued at approximately $2,374,226.36. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Read More …

Lockheed Martin Corporation (NYSE:LMT) insider Orlando D. Carvalho sold 8,870 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $307.95, for a total transaction of $2,731,516.50. Following the transaction, the insider now directly owns 27,728 shares of the company’s stock, valued at $8,538,837.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Read More …

Advanced Micro Devices, Inc. (NASDAQ:AMD) insider Mark D. Papermaster sold 38,819 shares of the company’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $12.70, for a total value of $493,001.30. Following the completion of the transaction, the insider now directly owns 930,839 shares in the company, valued at approximately $11,821,655.30. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Read More …

Fastenal Company (NASDAQ:FAST) Director Michael John Dolan sold 8,000 shares of Fastenal stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $43.01, for a total transaction of $344,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Read More …

Duke Energy Corporation (NYSE:DUK) EVP Douglas F. Esamann sold 5,000 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $86.22, for a total value of $431,100.00. Following the transaction, the executive vice president now directly owns 50,316 shares of the company’s stock, valued at $4,338,245.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Read More …

Raytheon Company (NYSE:RTN) Director Vernon E. Clark sold 829 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $180.19, for a total transaction of $149,377.51. Following the completion of the sale, the director now owns 7,588 shares in the company, valued at approximately $1,367,281.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Read More …

The Travelers Companies, Inc. (NYSE:TRV) EVP Kenneth Franklin Spence III sold 4,800 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $128.73, for a total value of $617,904.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Read More …

3M Company (NYSE:MMM) insider Paul A. Keel sold 4,965 shares of 3M stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $206.16, for a total value of $1,023,584.40. Following the transaction, the insider now directly owns 5,503 shares in the company, valued at $1,134,498.48. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Read More …

Altria Group (NYSE:MO) CEO Martin J. Barrington sold 15,300 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $65.03, for a total value of $994,959.00. Following the sale, the chief executive officer now owns 701,074 shares of the company’s stock, valued at $45,590,842.22. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Read More …

Acquisitions:

Kansas City Southern (NYSE:KSU) Director Henry J. Maier acquired 3,000 shares of the stock in a transaction on Thursday, August 17th. The stock was acquired at an average cost of $106.19 per share, for a total transaction of $318,570.00. Following the acquisition, the director now directly owns 4,159 shares in the company, valued at approximately $441,644.21. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Read More …

Two Harbors Investments Corp (NYSE:TWO) Director Brian Taylor bought 32,000 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were purchased at an average cost of $10.06 per share, with a total value of $321,920.00. Following the transaction, the director now directly owns 51,865 shares in the company, valued at approximately $521,761.90. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Read More …

Schlumberger N.V. (NYSE:SLB) Director Michael E. Marks purchased 8,000 shares of the stock in a transaction that occurred on Friday, August 11th. The stock was acquired at an average cost of $64.20 per share, with a total value of $513,600.00. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Read More …

Tyson Foods, Inc. (NYSE:TSN) Director Mikel A. Durham bought 2,809 shares of Tyson Foods stock in a transaction on Monday, August 14th. The shares were acquired at an average cost of $65.77 per share, for a total transaction of $184,747.93. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Read More …