Showing posts with label UNP. Show all posts
Showing posts with label UNP. Show all posts

May 20, 2022

Notable Analyst Upgrades and Downgrades for Week of May 16 2022



 

Upgrades:

 


Canadian Western Bank (TSE:CWB) was upgraded by research analysts at National Bank Financial from a “sector perform market weight” rating to an “outperform market weight” rating in a research report issued to clients and investors on Sunday.

A number of other brokerages have also weighed in on CWB. National Bankshares upgraded Canadian Western Bank from a “sector perform” rating to a “buy” rating and set a C$44.00 price objective on the stock in a research report on Monday. TD Securities boosted their price objective on Canadian Western Bank from C$43.00 to C$47.00 in a research report on Tuesday, February 15th. Raymond James boosted their price objective on Canadian Western Bank from C$41.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Monday, February 28th. CIBC lowered Canadian Western Bank from an “outperform” rating to a “hold” rating and reduced their price objective for the stock from C$45.00 to C$38.00 in a research report on Monday, April 11th. Finally, Barclays reduced their price objective on Canadian Western Bank from C$44.00 to C$38.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 11th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$42.86. Read more …

 


Essex Property Trust (NYSE:ESS) was upgraded by analysts at The Goldman Sachs Group from a "sell" rating to a "buy" rating in a report issued on Tuesday, The Fly reports. The firm presently has a $338.00 target price on the real estate investment trust's stock, down from their previous target price of $352.00. The Goldman Sachs Group's price objective would indicate a potential upside of 15.80% from the company's current price.

Several other research analysts have also recently issued reports on ESS. TheStreet cut shares of Essex Property Trust from a "b-" rating to a "c+" rating in a report on Friday. Truist Financial cut their target price on shares of Essex Property Trust from $378.00 to $370.00 and set a "buy" rating for the company in a research note on Monday, March 21st. Piper Sandler cut their target price on shares of Essex Property Trust from $420.00 to $400.00 in a research note on Wednesday, May 4th. Morgan Stanley increased their target price on shares of Essex Property Trust from $335.00 to $365.00 and gave the company an "equal weight" rating in a research note on Friday, April 8th. Finally, StockNews.com started coverage on shares of Essex Property Trust in a research note on Thursday, March 31st. They set a "hold" rating for the company. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $359.00. Read more …

 


Cardinal Health (NYSE:CAH) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating in a report issued on Wednesday, Briefing.com reports. The brokerage presently has a $68.00 price target on the stock, up from their prior price target of $55.00. Evercore ISI's target price would suggest a potential upside of 19.93% from the company's current price.

Several other analysts also recently commented on the stock. Credit Suisse Group dropped their target price on shares of Cardinal Health from $60.00 to $58.00 and set a "neutral" rating on the stock in a report on Friday, February 4th. StockNews.com cut shares of Cardinal Health from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 6th. TheStreet cut shares of Cardinal Health from a "c+" rating to a "d+" rating in a research note on Thursday, May 5th. Zacks Investment Research raised shares of Cardinal Health from a "sell" rating to a "hold" rating and set a $55.00 price target for the company in a research note on Monday, March 14th. Finally, Morgan Stanley raised shares of Cardinal Health from an "equal weight" rating to an "overweight" rating and set a $74.00 price target for the company in a research note on Tuesday, April 12th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Cardinal Health has a consensus rating of "Hold" and an average target price of $59.90. Read more …

 

 


Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by research analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other brokerages also recently commented on CNI. StockNews.com assumed coverage on Canadian National Railway in a research report on Thursday, March 31st. They issued a "hold" rating for the company. Argus raised Canadian National Railway from a "hold" rating to a "buy" rating and set a $145.00 price target for the company in a research report on Thursday, February 17th. They noted that the move was a valuation call. Desjardins reduced their price objective on Canadian National Railway from C$173.00 to C$172.00 in a research note on Thursday, April 28th. Scotiabank cut their price target on Canadian National Railway from C$174.00 to C$172.00 in a research note on Wednesday, April 27th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Canadian National Railway from $137.00 to $142.00 and gave the company a "buy" rating in a report on Thursday, January 27th. Seventeen equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Canadian National Railway currently has an average rating of "Hold" and a consensus target price of $147.76. Read more …

May 14, 2022

Dividend Increases Week 19



 

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.

April 22, 2022

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 …

April 8, 2022

Notable Analyst Upgrades and Downgrades for Week of April 4 2022



 

Upgrades:

 


Welltower (NYSE:WELL) was upgraded by investment analysts at Scotiabank from a "sector perform" rating to a "sector outperform" rating in a report released on Monday, The Fly reports. The firm presently has a $110.00 target price on the real estate investment trust's stock. Scotiabank's target price suggests a potential upside of 12.45% from the stock's previous close.

A number of other equities research analysts have also weighed in on WELL. KeyCorp raised their price objective on shares of Welltower from $96.00 to $98.00 and gave the company an "overweight" rating in a report on Friday. Royal Bank of Canada lifted their price target on Welltower from $93.00 to $97.00 and gave the stock an "outperform" rating in a report on Wednesday, March 9th. Morgan Stanley upped their price objective on Welltower from $95.50 to $100.00 in a research report on Thursday, March 17th. Barclays raised their target price on Welltower from $92.00 to $95.00 and gave the stock an "overweight" rating in a research report on Thursday, March 10th. Finally, StockNews.com raised Welltower from a "sell" rating to a "hold" rating in a report on Sunday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $95.35. Read more …

 


TC Energy (TSE:TRP) (NYSE:TRP) was upgraded by analysts at Industrial Alliance Securities to a “buy” rating in a research note issued to investors on Monday, TipRanks reports. The firm presently has a C$74.00 price objective on the stock. Industrial Alliance Securities’ price target suggests a potential upside of 3.02% from the company’s current price.

A number of other research analysts have also issued reports on the company. CSFB lowered TC Energy from an “outperform” rating to a “neutral” rating in a research report on Tuesday, February 8th. TD Securities boosted their price target on TC Energy from C$72.00 to C$75.00 and gave the stock a “buy” rating in a research report on Friday. US Capital Advisors lowered TC Energy from an “overweight” rating to a “hold” rating in a research report on Friday, March 11th. BMO Capital Markets boosted their price target on TC Energy from C$70.00 to C$73.00 in a research report on Wednesday, February 16th. Finally, Royal Bank of Canada set a C$72.00 price target on TC Energy and gave the stock an “outperform” rating in a research report on Wednesday, February 16th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, TC Energy currently has a consensus rating of “Hold” and a consensus target price of C$68.74. Read more …

 


W.W. Grainger (NYSE:GWW) was upgraded by research analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating in a research note issued on Wednesday, Briefing.com reports.

Several other brokerages have also issued reports on GWW. Atlantic Securities upgraded shares of W.W. Grainger from a “neutral” rating to an “overweight” rating and set a $580.00 price target for the company in a research note on Tuesday, March 15th. Robert W. Baird raised their price objective on shares of W.W. Grainger from $525.00 to $560.00 in a report on Friday, February 4th. Morgan Stanley raised their target price on shares of W.W. Grainger from $536.00 to $562.00 and gave the stock an “equal weight” rating in a research note on Friday, February 4th. Zacks Investment Research raised shares of W.W. Grainger from a “hold” rating to a “buy” rating and set a $539.00 target price for the company in a report on Monday, December 13th. Finally, StockNews.com initiated coverage on shares of W.W. Grainger in a research note on Thursday, March 31st. They set a “buy” rating for the company. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, W.W. Grainger currently has a consensus rating of “Hold” and a consensus price target of $510.55. Read more …

 

 


C.H. Robinson Worldwide (NASDAQ:CHRW) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a report released on Friday, Briefing.com reports. The firm presently has a $117.00 price objective on the transportation company's stock, up from their previous price objective of $91.00. JPMorgan Chase & Co.'s price target would indicate a potential upside of 15.99% from the stock's previous close.

A number of other analysts have also recently issued reports on CHRW. Wolfe Research increased their price objective on C.H. Robinson Worldwide from $109.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday. Loop Capital dropped their price objective on C.H. Robinson Worldwide from $101.00 to $98.00 in a research note on Friday, February 4th. Stifel Nicolaus raised shares of C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and boosted their price target for the stock from $102.00 to $106.00 in a research note on Thursday, February 3rd. Bank of America upgraded shares of C.H. Robinson Worldwide from a "neutral" rating to a "buy" rating and upped their target price for the stock from $108.00 to $125.00 in a research report on Thursday, January 20th. Finally, Stephens lifted their price target on C.H. Robinson Worldwide from $110.00 to $115.00 in a research note on Friday, April 1st. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, C.H. Robinson Worldwide presently has an average rating of "Hold" and a consensus price target of $107.43. Read more …

 


Kroger (NYSE:KR) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, The Fly reports.

Several other equities research analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Kroger from $43.00 to $49.00 and gave the stock a “hold” rating in a report on Monday, March 7th. Credit Suisse Group increased their price objective on shares of Kroger from $47.00 to $57.00 and gave the stock a “neutral” rating in a report on Friday, March 4th. StockNews.com started coverage on shares of Kroger in a report on Thursday, March 31st. They set a “strong-buy” rating on the stock. Citigroup lowered shares of Kroger from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $47.00 to $42.00 in a report on Friday, January 28th. Finally, Zacks Investment Research upgraded shares of Kroger from a “hold” rating to a “strong-buy” rating and set a $64.00 target price on the stock in a research report on Wednesday, March 9th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Kroger currently has a consensus rating of “Hold” and a consensus price target of $49.26. Read more …

 


Target (NYSE:TGT) was upgraded by research analysts at Gordon Haskett from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, The Fly reports. The brokerage currently has a $300.00 price target on the retailer’s stock, up from their prior price target of $255.00. Gordon Haskett’s target price points to a potential upside of 31.47% from the company’s current price.

Several other equities analysts have also issued reports on TGT. Truist Financial cut their price target on shares of Target from $270.00 to $261.00 and set a “buy” rating on the stock in a report on Wednesday, March 2nd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Target from $353.00 to $305.00 and set a “buy” rating on the stock in a report on Monday, February 28th. BMO Capital Markets boosted their target price on shares of Target from $275.00 to $295.00 and gave the company an “outperform” rating in a research report on Wednesday, March 2nd. Wells Fargo & Company lowered Target from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $275.00 to $230.00 in a research note on Thursday, January 6th. Finally, Raymond James lowered their price target on shares of Target from $290.00 to $275.00 and set a “strong-buy” rating on the stock in a report on Thursday, March 3rd. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $277.23. Read more …

 

 

 

Downgrades:

 


Baxter International (NYSE:BAX) was downgraded by The Goldman Sachs Group from a “neutral” rating to a “sell” rating in a report issued on Monday, MarketBeat Ratings reports. They currently have a $77.00 target price on the medical instruments supplier’s stock, down from their previous target price of $88.00. The Goldman Sachs Group’s price objective points to a potential downside of 2.01% from the stock’s current price.

A number of other research firms have also recently commented on BAX. Morgan Stanley lowered their price objective on shares of Baxter International from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Friday, February 18th. KeyCorp lowered their price objective on shares of Baxter International from $98.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, February 18th. Bank of America initiated coverage on shares of Baxter International in a research report on Tuesday, March 1st. They issued a “buy” rating and a $100.00 price objective for the company. UBS Group upped their price objective on shares of Baxter International from $88.00 to $91.00 and gave the company a “neutral” rating in a research report on Friday, February 18th. Finally, StockNews.com began coverage on shares of Baxter International in a research note on Thursday. They issued a “hold” rating for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Baxter International presently has an average rating of “Buy” and a consensus target price of $94.71. Read more …

 


Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was downgraded by analysts at TD Securities from a "buy" rating to a "hold" rating in a research note issued on Monday, The Fly reports. They presently have a $41.00 price target on the utilities provider's stock. TD Securities' price target suggests a potential upside of 0.07% from the company's previous close.

Several other analysts also recently issued reports on BEP. BMO Capital Markets upped their price objective on Brookfield Renewable Partners from $38.00 to $42.00 and gave the company an "outperform" rating in a research report on Friday. National Bank Financial raised Brookfield Renewable Partners from a "sector perform" rating to an "outperform" rating and set a $38.00 target price for the company in a research report on Tuesday, January 18th. Industrial Alliance Securities downgraded Brookfield Renewable Partners from a "buy" rating to a "hold" rating in a report on Friday, March 25th. Scotiabank raised Brookfield Renewable Partners from a "sector perform" rating to a "sector outperform" rating in a report on Friday, January 7th. Finally, CIBC raised Brookfield Renewable Partners from a "neutral" rating to a "sector outperform" rating and reduced their target price for the stock from $42.00 to $40.00 in a report on Tuesday, January 11th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, Brookfield Renewable Partners presently has an average rating of "Buy" and an average target price of $42.35. Read more …

 


Domino’s Pizza (NYSE:DPZ) was downgraded by equities research analysts at Cowen from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. They presently have a $390.00 price target on the restaurant operator’s stock, down from their prior price target of $480.00. Cowen’s price target points to a potential downside of 1.88% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the stock. BMO Capital Markets reduced their price target on shares of Domino’s Pizza from $480.00 to $450.00 and set a “market perform” rating for the company in a research report on Wednesday, March 2nd. Bank of America reduced their target price on shares of Domino’s Pizza from $642.00 to $550.00 and set a “buy” rating for the company in a report on Wednesday, March 2nd. Loop Capital cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating and set a $413.00 price target for the company. in a report on Wednesday, March 9th. Credit Suisse Group cut shares of Domino’s Pizza from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $570.00 to $475.00 in a report on Wednesday, March 2nd. Finally, Stifel Nicolaus cut their price target on shares of Domino’s Pizza from $485.00 to $425.00 in a report on Tuesday, March 1st. One equities research analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Domino’s Pizza has an average rating of “Hold” and an average target price of $480.73. Read more …

 

 


Freeport-McMoRan (NYSE:FCX) was downgraded by equities researchers at Exane BNP Paribas from an "outperform" rating to a "neutral" rating in a research report issued to clients and investors on Tuesday, The Fly reports. They currently have a $50.00 price target on the natural resource company's stock. Exane BNP Paribas' target price would suggest a potential upside of 1.44% from the company's previous close.

Other research analysts have also issued research reports about the company. Wolfe Research dropped their target price on Freeport-McMoRan from $47.00 to $45.00 and set an "outperform" rating on the stock in a report on Thursday, January 27th. Deutsche Bank Aktiengesellschaft lifted their price target on Freeport-McMoRan from $42.00 to $50.00 and gave the company a "hold" rating in a research note on Tuesday. StockNews.com upgraded Freeport-McMoRan from a "hold" rating to a "buy" rating in a research note on Tuesday. Jefferies Financial Group lifted their price target on Freeport-McMoRan from $58.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday, March 24th. Finally, BNP Paribas downgraded Freeport-McMoRan from an "outperform" rating to a "neutral" rating and set a $50.00 price target on the stock in a research note on Tuesday. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Freeport-McMoRan presently has a consensus rating of "Hold" and a consensus price target of $44.80. Read more …

 


Franco-Nevada (NYSE:FNV) (TSE:FNV) was downgraded by Canaccord Genuity Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Other equities research analysts also recently issued reports about the stock. Barclays increased their price objective on shares of Franco-Nevada from $110.00 to $113.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 10th. BMO Capital Markets raised their price objective on shares of Franco-Nevada from C$194.00 to C$205.00 in a report on Friday, March 11th. Zacks Investment Research upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating and set a $143.00 price target for the company in a report on Tuesday, January 4th. Raymond James set a $174.00 price target on shares of Franco-Nevada and gave the stock an “outperform” rating in a report on Friday, March 11th. Finally, National Bank Financial raised their price objective on shares of Franco-Nevada from C$195.00 to C$210.00 in a research report on Friday, March 11th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $177.83. Read more …

 


Starbucks (NASDAQ:SBUX) was downgraded by equities research analysts at Wedbush from an “outperform” rating to a “neutral” rating in a report released on Tuesday, Marketbeat.com reports. They currently have a $91.00 price target on the coffee company’s stock, down from their previous price target of $105.00. Wedbush’s target price suggests a potential upside of 3.30% from the company’s current price.

Other equities research analysts have also issued reports about the stock. Citigroup cut their price objective on shares of Starbucks from $129.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, February 2nd. Cowen cut their price objective on shares of Starbucks from $125.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday, February 2nd. Robert W. Baird cut their price objective on shares of Starbucks from $104.00 to $95.00 in a report on Thursday, March 17th. BMO Capital Markets cut their target price on shares of Starbucks from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Wednesday, February 2nd. Finally, MKM Partners cut their target price on shares of Starbucks from $123.00 to $117.00 and set a “buy” rating for the company in a report on Thursday, March 17th. Fourteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $113.88. Read more …

 

 


V.F. (NYSE:VFC) was downgraded by equities research analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research note issued on Tuesday, Marketbeat reports. They presently have a $58.00 price objective on the textile maker’s stock, down from their previous price objective of $75.00. Wells Fargo & Company‘s target price points to a potential upside of 1.88% from the company’s previous close.

Other research analysts have also issued reports about the stock. UBS Group cut their target price on shares of V.F. from $71.00 to $65.00 and set a “neutral” rating for the company in a report on Monday, January 31st. Evercore ISI decreased their price objective on V.F. from $110.00 to $80.00 and set an “outperform” rating for the company in a report on Monday, January 31st. Piper Sandler decreased their price objective on V.F. from $89.00 to $80.00 and set an “overweight” rating for the company in a report on Monday, January 31st. The Goldman Sachs Group cut their target price on V.F. from $71.00 to $68.00 in a research note on Thursday, January 20th. Finally, Barclays dropped their price target on V.F. from $79.00 to $63.00 and set an “equal weight” rating on the stock in a research note on Monday, January 31st. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $76.95. Read more …

 


Waste Connections (NYSE:WCN) was downgraded by Scotiabank from a “sector outperform” rating to a “sector perform” rating in a research note issued on Thursday, The Fly reports. They presently have a $135.00 target price on the business services provider’s stock. Scotiabank’s price target suggests a potential downside of 4.78% from the stock’s current price.

A number of other brokerages also recently issued reports on WCN. StockNews.com started coverage on Waste Connections in a research note on Thursday, March 31st. They set a “buy” rating for the company. BMO Capital Markets dropped their price target on shares of Waste Connections from $149.00 to $142.00 and set an “outperform” rating for the company in a research report on Friday, February 18th. Royal Bank of Canada raised their price objective on shares of Waste Connections from $147.00 to $148.00 and gave the company an “outperform” rating in a research report on Friday, February 18th. Raymond James cut their price target on Waste Connections from $152.00 to $145.00 and set a “strong-buy” rating for the company in a research note on Friday, February 18th. Finally, JPMorgan Chase & Co. assumed coverage on Waste Connections in a research report on Tuesday, March 1st. They issued an “overweight” rating on the stock. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $138.67. Read more …

 


Canadian Pacific Railway (NYSE:CP) (TSE:CP) was downgraded by analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday, Briefing.com reports. They currently have a $81.00 price objective on the transportation company’s stock. Bank of America‘s target price indicates a potential upside of 6.13% from the stock’s current price.

Several other brokerages have also recently weighed in on CP. Evercore ISI started coverage on shares of Canadian Pacific Railway in a research report on Monday, December 20th. They issued an “outperform” rating on the stock. Citigroup boosted their price target on shares of Canadian Pacific Railway from $80.00 to $84.00 and gave the stock a “buy” rating in a research report on Wednesday, January 5th. Raymond James cut shares of Canadian Pacific Railway from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 9th. Wells Fargo & Company boosted their price objective on shares of Canadian Pacific Railway from $81.00 to $84.00 and gave the company an “overweight” rating in a research report on Monday, January 10th. Finally, Susquehanna Bancshares boosted their price objective on shares of Canadian Pacific Railway from $89.00 to $96.00 in a research report on Thursday. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $93.33. Read more …

 

 


Dover (NYSE:DOV) was downgraded by equities researchers at Barclays from an “overweight” rating to an “equal weight” rating in a research note issued on Friday, The Fly reports.

A number of other brokerages have also recently weighed in on DOV. Robert W. Baird boosted their price target on shares of Dover from $185.00 to $206.00 in a research report on Tuesday, January 4th. Oppenheimer raised shares of Dover from a “market perform” rating to an “outperform” rating and set a $205.00 price target for the company in a research report on Friday, January 7th. Mizuho initiated coverage on shares of Dover in a report on Thursday, December 16th. They issued a “buy” rating and a $195.00 target price for the company. Zacks Investment Research cut shares of Dover from a “buy” rating to a “hold” rating and set a $160.00 target price for the company. in a report on Wednesday, March 16th. Finally, StockNews.com initiated coverage on shares of Dover in a report on Thursday, March 31st. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $183.77. Read more …

 


HP (NYSE:HPQ) was downgraded by equities researchers at UBS Group from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday, The Fly reports.

Several other research firms have also recently commented on HPQ. StockNews.com began coverage on HP in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Morgan Stanley cut HP from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $34.00 to $31.00 in a research note on Thursday, March 31st. Evercore ISI restated a “buy” rating and issued a $42.00 target price on shares of HP in a research note on Friday, February 25th. JPMorgan Chase & Co. boosted their target price on HP from $38.00 to $40.00 in a research note on Thursday, January 20th. Finally, Sanford C. Bernstein boosted their target price on HP from $32.00 to $40.00 in a research note on Tuesday, January 11th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $35.79. Read more …

 


TFI International (NYSE:TFII) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a report issued on Friday, The Fly reports. They presently have a $95.00 price objective on the stock. Bank of America‘s price objective suggests a potential upside of 9.06% from the company’s current price.

TFII has been the subject of several other research reports. TheStreet raised TFI International from a “c” rating to a “b-” rating in a research note on Monday, February 7th. TD Securities raised TFI International from a “hold” rating to a “buy” rating and raised their target price for the company from $145.00 to $160.00 in a research note on Wednesday, February 9th. Susquehanna began coverage on TFI International in a research note on Thursday, December 9th. They set a “positive” rating and a $132.00 target price for the company. Wolfe Research raised TFI International from a “peer perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research note on Monday, March 14th. Finally, Zacks Investment Research raised TFI International from a “hold” rating to a “buy” rating and set a $104.00 target price for the company in a research note on Tuesday, March 15th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $126.18. Read more …

 

 


Union Pacific (NYSE:UNP) was downgraded by stock analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Friday, The Fly reports. They presently have a $258.00 price target on the railroad operator’s stock. Bank of America‘s price target points to a potential upside of 5.37% from the company’s previous close.

A number of other research firms also recently commented on UNP. The Goldman Sachs Group upped their price objective on shares of Union Pacific from $252.00 to $261.00 in a research note on Thursday, January 20th. Citigroup boosted their target price on Union Pacific from $245.00 to $287.00 in a report on Wednesday, January 5th. Royal Bank of Canada cut Union Pacific from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from $271.00 to $258.00 in a report on Thursday, March 17th. Raymond James decreased their target price on Union Pacific from $290.00 to $285.00 and set a “strong-buy” rating for the company in a report on Friday, January 21st. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Union Pacific from $270.00 to $260.00 and set a “buy” rating for the company in a report on Monday, January 24th. Seven analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $264.41. Read more …

 


United Parcel Service (NYSE:UPS) was downgraded by research analysts at Bank of America from a “buy” rating to a “neutral” rating in a report issued on Friday, The Fly reports. They currently have a $204.00 target price on the transportation company’s stock. Bank of America‘s target price would suggest a potential upside of 5.86% from the stock’s current price.

A number of other analysts have also issued reports on the company. BMO Capital Markets raised their target price on United Parcel Service from $215.00 to $225.00 and gave the company a “market perform” rating in a report on Wednesday, February 2nd. Raymond James raised their target price on United Parcel Service from $260.00 to $275.00 and gave the company a “strong-buy” rating in a report on Wednesday, February 2nd. Stephens raised their target price on United Parcel Service from $230.00 to $240.00 and gave the company an “equal weight” rating in a report on Wednesday, February 2nd. Morgan Stanley boosted their price target on United Parcel Service from $135.00 to $150.00 and gave the company an “underweight” rating in a research note on Wednesday, February 2nd. Finally, KeyCorp boosted their price target on United Parcel Service from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Wednesday, February 2nd. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $236.07. Read more …

 


U.S. Bancorp (NYSE:USB) was downgraded by stock analysts at UBS Group from a “buy” rating to a “neutral” rating in a research note issued on Friday, Marketbeat.com reports. They presently have a $56.00 target price on the financial services provider’s stock, down from their previous target price of $64.00. UBS Group’s price objective would indicate a potential upside of 6.50% from the stock’s previous close.

USB has been the topic of several other reports. JPMorgan Chase & Co. decreased their price objective on shares of U.S. Bancorp from $73.00 to $72.00 in a research report on Thursday, February 3rd. Odeon Capital Group raised U.S. Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, January 25th. Jefferies Financial Group downgraded shares of U.S. Bancorp from a “buy” rating to a “hold” rating and decreased their target price for the stock from $66.00 to $64.00 in a research note on Monday, February 14th. StockNews.com initiated coverage on U.S. Bancorp in a report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Oppenheimer reduced their price target on U.S. Bancorp from $74.00 to $69.00 in a research note on Friday, January 21st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $64.29. Read more …

 

 


Essential Utilities (NYSE:WTRG) was downgraded by equities researchers at HSBC from a "buy" rating to a "hold" rating in a report released on Friday, The Fly reports. The analysts noted that the move was a valuation call.

WTRG has been the subject of several other research reports. StockNews.com raised shares of Essential Utilities from a "sell" rating to a "hold" rating in a research report on Tuesday. Barclays increased their target price on shares of Essential Utilities from $51.00 to $52.00 and gave the stock an "overweight" rating in a report on Tuesday, March 15th. Zacks Investment Research cut shares of Essential Utilities from a "hold" rating to a "sell" rating and set a $53.00 price target for the company. in a research note on Tuesday, March 29th. Finally, Evercore ISI upgraded shares of Essential Utilities from an "in-line" rating to an "outperform" rating and increased their price target for the company from $52.00 to $53.00 in a research note on Thursday, March 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $52.67. Read more …

 

 

March 18, 2022

Notable Analyst Upgrades and Downgrades for Week of March 14 2022

 



Upgrades:

 


TFI International (NYSE:TFII) was upgraded by stock analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating in a report issued on Monday, MarketBeat Ratings reports. The brokerage presently has a $115.00 price target on the stock. Wolfe Research’s price target suggests a potential upside of 23.98% from the company’s previous close.

A number of other equities analysts have also recently issued reports on TFII. Susquehanna initiated coverage on TFI International in a report on Thursday, December 9th. They issued a “positive” rating and a $132.00 target price on the stock. Susquehanna Bancshares began coverage on shares of TFI International in a report on Thursday, December 9th. They issued a “positive” rating and a $132.00 target price for the company. Desjardins boosted their price target on shares of TFI International from C$161.00 to C$173.00 in a report on Thursday, February 10th. Morgan Stanley raised their price objective on shares of TFI International from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 9th. Finally, TD Securities raised shares of TFI International from a “hold” rating to a “buy” rating and increased their price target for the stock from $145.00 to $160.00 in a research report on Wednesday, February 9th. Two investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $128.92. Read more …

 


Unilever (NYSE:UL) was upgraded by research analysts at Sanford C. Bernstein from an “underperform” rating to a “market perform” rating in a note issued to investors on Monday, MarketBeat reports.

A number of other equities analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Unilever from a “hold” rating to a “sell” rating in a research note on Wednesday, February 16th. Societe Generale raised shares of Unilever from a “sell” rating to a “buy” rating in a research note on Wednesday, January 19th. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, March 3rd. The Goldman Sachs Group began coverage on shares of Unilever in a research note on Friday, February 25th. They issued a “neutral” rating on the stock. Finally, Royal Bank of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, February 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $61.51. Read more …

 


W.W. Grainger (NYSE:GWW) was upgraded by equities researchers at Atlantic Securities from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Tuesday, Briefing.com reports. The brokerage currently has a $580.00 target price on the industrial products company's stock. Atlantic Securities' price target indicates a potential upside of 19.98% from the company's current price.

Other equities research analysts have also issued reports about the stock. William Blair reaffirmed a "market perform" rating on shares of W.W. Grainger in a report on Thursday, February 3rd. Royal Bank of Canada raised their target price on W.W. Grainger from $392.00 to $432.00 in a research report on Friday, February 4th. Robert W. Baird increased their price objective on shares of W.W. Grainger from $525.00 to $560.00 in a report on Friday, February 4th. Morgan Stanley boosted their price target on shares of W.W. Grainger from $536.00 to $562.00 and gave the stock an "equal weight" rating in a research report on Friday, February 4th. Finally, Zacks Investment Research upgraded W.W. Grainger from a "hold" rating to a "buy" rating and set a $539.00 price objective for the company in a research report on Monday, December 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, W.W. Grainger has an average rating of "Hold" and an average price target of $510.55. Read more …

 

 


Realty Income (NYSE:O) was upgraded by stock analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating in a research note issued to investors on Tuesday, Briefing.com reports.

Other equities research analysts also recently issued reports about the stock. Scotiabank downgraded shares of Realty Income from a "sector outperform" rating to a "sector perform" rating in a research note on Wednesday, December 15th. Morgan Stanley reduced their target price on shares of Realty Income from $79.00 to $78.00 and set an "overweight" rating for the company in a report on Thursday, March 3rd. Mizuho reduced their target price on shares of Realty Income from $82.00 to $76.00 in a report on Thursday, January 20th. Finally, TheStreet cut shares of Realty Income from a "b" rating to a "c+" rating in a report on Thursday, March 3rd. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, Realty Income has an average rating of "Buy" and a consensus target price of $77.80.

NYSE:O opened at $64.88 on Tuesday. Realty Income has a 12 month low of $61.43 and a 12 month high of $74.60. The firm has a fifty day simple moving average of $68.06 and a 200-day simple moving average of $69.07. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $38.36 billion, a P/E ratio of 69.02, a PEG ratio of 3.57 and a beta of 0.79. Read more …

December 11, 2021

Dividend Increases Week 49, 2021



 

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, 19 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.

 

October 9, 2021

Notable Analyst Upgrades and Downgrades for Week of October 4, 2021



 

Upgrades:

 


DuPont de Nemours (NYSE:DD) was upgraded by investment analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a report released on Monday, PriceTargets.com reports. The firm currently has a $85.00 price target on the basic materials company's stock, up from their previous price target of $84.00. JPMorgan Chase & Co.'s price objective suggests a potential upside of 22.96% from the stock's current price. The analysts noted that the move was a valuation call.

Several other research firms have also issued reports on DD. Citigroup increased their price target on shares of DuPont de Nemours from $96.00 to $102.00 and gave the stock a "buy" rating in a research report on Wednesday, August 4th. Wells Fargo & Company increased their price target on shares of DuPont de Nemours from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 13th. Zacks Investment Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating and set a $83.00 price target on the stock. in a research report on Thursday, July 15th. KeyCorp reiterated a "buy" rating and set a $93.00 price target on shares of DuPont de Nemours in a research report on Thursday, September 16th. Finally, TheStreet upgraded shares of DuPont de Nemours from a "d+" rating to a "c" rating in a research report on Tuesday, August 3rd. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $88.59. Read more …

 


Union Pacific (NYSE:UNP) was upgraded by investment analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, The Fly reports. The brokerage presently has a $260.00 price target on the railroad operator’s stock, up from their prior price target of $240.00. Barclays‘s price target indicates a potential upside of 28.88% from the company’s current price.

UNP has been the subject of a number of other reports. Evercore ISI restated a “buy” rating and issued a $228.00 target price on shares of Union Pacific in a research note on Friday, September 24th. Deutsche Bank Aktiengesellschaft lowered their price target on Union Pacific from $256.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, September 17th. Wells Fargo & Company upped their price target on Union Pacific from $226.00 to $231.00 and gave the company an “equal weight” rating in a research report on Friday, July 9th. Royal Bank of Canada upped their price target on Union Pacific from $259.00 to $261.00 and gave the company an “outperform” rating in a research report on Friday, July 23rd. Finally, Atlantic Securities assumed coverage on Union Pacific in a research report on Monday, July 12th. They issued an “overweight” rating and a $263.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Buy” and an average target price of $243.82. Read more …

 


Freeport-McMoRan (NYSE:FCX) was upgraded by equities researchers at BNP Paribas from a "neutral" rating to an "outperform" rating in a report released on Wednesday, FinViz reports. The brokerage presently has a $39.50 price objective on the natural resource company's stock. BNP Paribas' price objective points to a potential upside of 22.67% from the stock's previous close.

Several other brokerages have also recently weighed in on FCX. Royal Bank of Canada lifted their price objective on shares of Freeport-McMoRan from $39.00 to $42.00 and gave the stock a "sector perform" rating in a research note on Friday, July 23rd. Bank of America assumed coverage on Freeport-McMoRan in a report on Wednesday, September 29th. They set a "buy" rating on the stock. Credit Suisse Group downgraded Freeport-McMoRan from a "neutral" rating to an "underperform" rating and set a $29.00 target price on the stock. in a research report on Friday, September 10th. Zacks Investment Research downgraded Freeport-McMoRan from a "hold" rating to a "sell" rating and set a $37.00 price target for the company. in a research note on Thursday, August 26th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Freeport-McMoRan from $47.00 to $46.00 and set a "buy" rating on the stock in a research note on Thursday, September 16th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $38.37. Read more …

 

 


Phillips 66 (NYSE:PSX) was upgraded by Piper Sandler from a “neutral” rating to an “overweight” rating in a note issued to investors on Wednesday, FinViz reports. The brokerage presently has a $87.00 price target on the oil and gas company’s stock, up from their previous price target of $85.00. Piper Sandler’s price objective indicates a potential upside of 12.48% from the stock’s current price.

PSX has been the topic of several other research reports. decreased their price target on Phillips 66 from $126.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, July 9th. Morgan Stanley started coverage on Phillips 66 in a research report on Tuesday, September 7th. They set an “equal weight” rating and a $80.00 target price on the stock. cut their price objective on Phillips 66 from $126.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, July 9th. Wells Fargo & Company lifted their price target on shares of Phillips 66 from $96.00 to $97.00 and gave the company an “overweight” rating in a report on Thursday, June 24th. Finally, Citigroup cut shares of Phillips 66 from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $95.00 to $75.00 in a report on Thursday, August 26th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $84.31. Read more …