Showing posts with label VZ. Show all posts
Showing posts with label VZ. Show all posts

April 30, 2022

Notable Analyst Upgrades and Downgrades for Week of April 25 2022



 

Upgrades:

 


Cowen upgraded shares of Novo Nordisk A/S (NYSE:NVO) from a market perform rating to an outperform rating in a research report sent to investors on Monday, The Fly reports.

Several other equities analysts also recently commented on the company. Danske upgraded Novo Nordisk A/S from a hold rating to a buy rating in a research note on Thursday, February 3rd. Deutsche Bank Aktiengesellschaft upgraded Novo Nordisk A/S from a hold rating to a buy rating in a research report on Wednesday, March 16th. Barclays increased their target price on Novo Nordisk A/S from 750.00 to 850.00 in a research report on Thursday, April 14th. Zacks Investment Research upgraded Novo Nordisk A/S from a sell rating to a hold rating and set a $104.00 target price on the stock in a research report on Friday, February 25th. Finally, Liberum Capital downgraded Novo Nordisk A/S from a hold rating to a sell rating in a research report on Tuesday, January 25th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Hold and an average price target of $491.20. Read more …

 


J.B. Hunt Transport Services (NASDAQ:JBHT) was upgraded by analysts at Susquehanna Bancshares from a "neutral" rating to a "positive" rating in a note issued to investors on Tuesday, Stock Target Advisor reports. The brokerage currently has a $217.00 price target on the transportation company's stock. Susquehanna Bancshares' price target would indicate a potential upside of 24.68% from the company's current price.

Several other equities analysts have also issued reports on the stock. KeyCorp dropped their target price on shares of J.B. Hunt Transport Services from $230.00 to $220.00 and set an "overweight" rating on the stock in a report on Monday, April 11th. BMO Capital Markets dropped their target price on shares of J.B. Hunt Transport Services from $210.00 to $190.00 and set a "market perform" rating on the stock in a report on Tuesday, April 19th. Citigroup upped their price objective on shares of J.B. Hunt Transport Services from $205.00 to $230.00 in a report on Wednesday, January 12th. Morgan Stanley upped their price objective on shares of J.B. Hunt Transport Services from $165.00 to $170.00 and gave the company an "equal weight" rating in a report on Tuesday, April 19th. Finally, Wolfe Research dropped their price objective on shares of J.B. Hunt Transport Services from $242.00 to $220.00 and set an "outperform" rating on the stock in a report on Tuesday, April 5th. Six investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $212.56. Read more …

 


Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. The firm currently has a $71.50 price objective on the financial services provider’s stock, up from their prior price objective of $68.00. Credit Suisse Group’s target price suggests a potential upside of 43.75% from the stock’s current price.

A number of other equities analysts have also issued reports on the stock. StockNews.com upgraded shares of Brookfield Asset Management from a “sell” rating to a “hold” rating in a research report on Tuesday, April 19th. TD Securities upped their target price on shares of Brookfield Asset Management from $75.00 to $77.00 and gave the stock an “action list buy” rating in a research report on Monday, February 7th. Citigroup upped their target price on shares of Brookfield Asset Management from $61.00 to $65.50 in a research report on Friday, February 11th. Zacks Investment Research upgraded shares of Brookfield Asset Management from a “sell” rating to a “hold” rating in a research report on Thursday, April 21st. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Brookfield Asset Management from $64.00 to $62.00 and set a “hold” rating on the stock in a research report on Thursday, April 7th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $66.50. Read more …

 

 


Ecolab (NYSE:ECL) was upgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Wednesday, Briefing.com reports. The brokerage presently has a $190.00 price objective on the basic materials company’s stock, down from their prior price objective of $191.00. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 12.78% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their target price on Ecolab from $230.00 to $210.00 in a research report on Thursday, February 17th. Robert W. Baird dropped their target price on Ecolab from $225.00 to $198.00 in a research report on Friday, January 21st. Credit Suisse Group dropped their target price on Ecolab from $255.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 16th. Mizuho dropped their target price on Ecolab from $216.00 to $210.00 in a research report on Friday, January 21st. Finally, Edward Jones raised shares of Ecolab from a “hold” rating to a “buy” rating in a report on Thursday, March 17th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $206.20. Read more …

 

 

Downgrades:

 


Bank of America cut shares of Deere & Company (NYSE:DE) from a buy rating to a neutral rating in a research note issued to investors on Monday morning, Marketbeat reports. They currently have $450.00 target price on the industrial products company’s stock, down from their prior target price of $475.00.

Several other brokerages have also commented on DE. Zacks Investment Research lowered shares of Deere & Company from a buy rating to a hold rating and set a $412.00 price target for the company. in a report on Monday, February 14th. Robert W. Baird upped their target price on shares of Deere & Company from $425.00 to $475.00 in a report on Friday, January 7th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Deere & Company from $400.00 to $417.00 and gave the stock a hold rating in a report on Tuesday, February 22nd. JPMorgan Chase & Co. raised shares of Deere & Company from an underweight rating to a neutral rating and upped their target price for the stock from $355.00 to $440.00 in a report on Monday, March 28th. Finally, DA Davidson upped their target price on shares of Deere & Company from $455.00 to $480.00 in a report on Friday, April 1st. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Buy and a consensus target price of $440.53. Read more …

 


Wells Fargo & Company lowered shares of Danaher (NYSE:DHR) from an overweight rating to an equal weight rating in a research note released on Monday, Marketbeat reports. They currently have $265.00 price target on the conglomerate’s stock, down from their prior price target of $330.00.

Several other analysts also recently weighed in on the company. StockNews.com downgraded Danaher from a buy rating to a hold rating in a report on Friday. Zacks Investment Research cut Danaher from a buy rating to a hold rating and set a $295.00 price target on the stock. in a research report on Monday, January 31st. Royal Bank of Canada dropped their price target on Danaher from $311.00 to $299.00 and set a sector perform rating on the stock in a research report on Friday. Sanford C. Bernstein began coverage on Danaher in a research report on Monday, January 10th. They issued an outperform rating and a $365.00 price target on the stock. Finally, Barclays dropped their price target on Danaher from $355.00 to $325.00 and set an overweight rating on the stock in a research report on Thursday, January 27th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Buy and an average price target of $331.14. Read more …

 

 


Deutsche Bank Aktiengesellschaft cut shares of Kellogg (NYSE:K) from a buy rating to a hold rating in a research report report published on Monday, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has $73.00 price target on the stock, down from their previous price target of $74.00.

A number of other research firms have also weighed in on K. Bank of America lowered Kellogg from a buy rating to a neutral rating and reduced their price objective for the company from $76.00 to $70.00 in a research note on Wednesday, January 5th. StockNews.com assumed coverage on Kellogg in a research note on Thursday, March 31st. They set a hold rating for the company. BMO Capital Markets lowered Kellogg from an outperform rating to a market perform rating and reduced their price objective for the company from $75.00 to $70.00 in a research note on Monday, January 31st. UBS Group started coverage on Kellogg in a research note on Wednesday, March 30th. They issued a buy rating and a $73.00 price target for the company. Finally, Morgan Stanley cut their price target on Kellogg from $67.00 to $65.00 and set an equal weight rating for the company in a research note on Wednesday, April 13th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of Hold and a consensus price target of $67.33. Read more …

 


The Goldman Sachs Group downgraded shares of Verizon Communications (NYSE:VZ) from a buy rating to a neutral rating in a report issued on Monday morning, Marketbeat reports. The Goldman Sachs Group currently has $55.00 target price on the cell phone carrier’s stock, down from their prior target price of $61.00.

VZ has been the subject of several other reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Verizon Communications from $56.00 to $57.00 in a research note on Tuesday, January 25th. JPMorgan Chase & Co. downgraded shares of Verizon Communications from an overweight rating to a neutral rating and decreased their price target for the stock from $62.00 to $56.00 in a research note on Wednesday, January 26th. StockNews.com began coverage on shares of Verizon Communications in a research note on Thursday, March 31st. They issued a hold rating for the company. Finally, Tigress Financial increased their price target on shares of Verizon Communications from $67.00 to $68.00 and gave the stock a buy rating in a research note on Friday, January 21st. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Hold and a consensus price target of $58.80. Read more …

 


BCE (TSE:BCE) (NYSE:BCE) was downgraded by stock analysts at Canaccord Genuity Group to a "hold" rating in a research report issued on Tuesday, TipRanks reports. They currently have a C$71.00 price objective on the stock. Canaccord Genuity Group's price target would indicate a potential downside of 0.28% from the company's current price.

Other analysts also recently issued reports about the company. Cormark raised their target price on BCE from C$67.00 to C$72.00 and gave the company a "sector perform" rating in a research note on Wednesday, April 20th. National Bankshares upped their target price on shares of BCE from C$70.00 to C$71.00 and gave the company an "outperform" rating in a research report on Friday, February 4th. CIBC raised their price objective on BCE from C$65.00 to C$67.00 and gave the company a "neutral" rating in a research report on Friday, February 4th. BMO Capital Markets upped their price objective on BCE from C$69.00 to C$70.00 in a research note on Friday, February 4th. Finally, JPMorgan Chase & Co. upped their price objective on shares of BCE from C$66.00 to C$68.00 and gave the stock a "neutral" rating in a report on Monday, February 7th. Nine investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of C$68.54. Read more …

 

 


TC Energy (TSE:TRP) (NYSE:TRP) was downgraded by equities researchers at Morgan Stanley to a “sell” rating in a report released on Tuesday, TipRanks reports. They presently have a C$78.00 price objective on the stock. Morgan Stanley’s target price would indicate a potential upside of 10.01% from the stock’s previous close.

A number of other analysts have also recently issued reports on the company. Tudor Pickering & Holt lifted their price objective on TC Energy from C$63.00 to C$65.00 and gave the company a “hold” rating in a research report on Wednesday, February 16th. National Bankshares raised their price target on shares of TC Energy from C$65.00 to C$66.00 and gave the company a “sector perform” rating in a report on Thursday, February 17th. Royal Bank of Canada set a C$72.00 target price on shares of TC Energy and gave the stock an “outperform” rating in a research report on Wednesday, February 16th. Scotiabank boosted their price target on TC Energy from C$72.00 to C$78.00 in a research report on Wednesday, April 13th. Finally, Credit Suisse Group raised their price objective on TC Energy from C$74.00 to C$80.00 in a research note on Monday, April 11th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$70.50. Read more …

 


Bank of New York Mellon (NYSE:BK) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Wednesday, Briefing.com reports. They presently have a $51.50 price target on the bank’s stock, down from their prior price target of $59.00. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 19.05% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Wolfe Research lowered Bank of New York Mellon from an “outperform” rating to a “peer perform” rating and set a $55.00 price objective for the company. in a research note on Thursday, March 31st. Citigroup lowered Bank of New York Mellon from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $70.00 to $50.00 in a research note on Monday, April 11th. Zacks Investment Research raised Bank of New York Mellon from a “hold” rating to a “buy” rating and set a $66.00 price target for the company in a research note on Monday, January 10th. Keefe, Bruyette & Woods lowered Bank of New York Mellon from an “outperform” rating to a “market perform” rating and increased their price target for the company from $66.00 to $70.00 in a research note on Tuesday, January 11th. Finally, Credit Suisse Group dropped their price target on Bank of New York Mellon from $66.00 to $63.00 and set an “outperform” rating for the company in a research note on Monday, March 21st. Ten research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $57.86. Read more …

 


Diageo (NYSE:DEO) was downgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report released on Wednesday, The Fly reports.

Other research analysts have also issued reports about the stock. Credit Suisse Group raised their price target on shares of Diageo from GBX 4,500 ($57.35) to GBX 4,700 ($59.90) in a research report on Wednesday, April 6th. JPMorgan Chase & Co. raised shares of Diageo from a “neutral” rating to an “overweight” rating in a research report on Thursday, March 17th. StockNews.com lowered shares of Diageo from a “buy” rating to a “hold” rating in a research report on Friday, April 22nd. Royal Bank of Canada lifted their price objective on shares of Diageo from GBX 3,100 ($39.51) to GBX 3,200 ($40.79) in a research report on Friday, January 28th. Finally, Societe Generale lifted their price objective on shares of Diageo from GBX 4,250 ($54.17) to GBX 4,500 ($57.35) in a research report on Tuesday, April 19th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Diageo currently has a consensus rating of “Hold” and an average target price of $2,921.17. Read more …

 

 


Coca-Cola (NYSE:KO) was downgraded by investment analysts at DZ Bank from a "buy" rating to a "hold" rating in a research note issued on Thursday, Briefing.com reports. They currently have a $69.00 target price on the stock. DZ Bank's price objective points to a potential upside of 5.25% from the stock's current price.

KO has been the topic of several other reports. Cowen raised their target price on Coca-Cola from $65.00 to $68.00 and gave the company a "market perform" rating in a research report on Tuesday. Barclays set a $74.00 target price on Coca-Cola in a research report on Wednesday. HSBC raised their target price on Coca-Cola from $68.00 to $72.00 and gave the company a "buy" rating in a research report on Tuesday. Truist Financial increased their price target on Coca-Cola from $70.00 to $75.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, Evercore ISI increased their price target on Coca-Cola from $63.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, February 15th. Six analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $67.29. Read more …

 


3M (NYSE:MMM) was downgraded by equities research analysts at Argus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Several other research analysts have also recently commented on MMM. Morgan Stanley lowered their target price on 3M from $150.00 to $145.00 and set an “underweight” rating for the company in a research note on Thursday, April 7th. Wells Fargo & Company decreased their price target on 3M from $184.00 to $173.00 and set an “equal weight” rating for the company in a report on Tuesday, February 15th. Citigroup decreased their price target on 3M from $157.00 to $151.00 in a report on Wednesday. UBS Group decreased their price target on 3M from $168.00 to $118.00 and set a “sell” rating for the company in a report on Friday, March 11th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on 3M from $167.00 to $164.00 and set a “hold” rating for the company in a report on Wednesday. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $164.73. Read more …

 


Comcast (NASDAQ:CMCSA) was downgraded by equities researchers at Bank of America from a “buy” rating to a “neutral” rating in a report released on Friday, The Fly reports. They presently have a $50.00 target price on the cable giant’s stock, down from their prior target price of $67.00. Bank of America‘s price objective indicates a potential upside of 19.90% from the company’s current price.

Several other analysts have also weighed in on CMCSA. Truist Financial lowered shares of Comcast from a “buy” rating to a “hold” rating and decreased their target price for the company from $70.00 to $50.00 in a research report on Tuesday, March 1st. Oppenheimer decreased their target price on shares of Comcast from $75.00 to $60.00 and set an “outperform” rating on the stock in a research report on Thursday, April 14th. Morgan Stanley decreased their target price on shares of Comcast from $65.00 to $60.00 and set an “overweight” rating on the stock in a research report on Friday, January 28th. Cowen boosted their price target on shares of Comcast from $60.00 to $64.00 in a research report on Friday, January 28th. Finally, Barclays reduced their price target on shares of Comcast from $56.00 to $48.00 in a research report on Friday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $60.04. Read more …

 

 


Domino’s Pizza (NYSE:DPZ) was downgraded by analysts at BTIG Research from a “buy” rating to a “neutral” rating in a note issued to investors on Friday, The Fly reports.

Several other equities analysts have also recently commented on the stock. Guggenheim reduced their price objective on shares of Domino’s Pizza from $480.00 to $445.00 and set a “neutral” rating for the company in a research note on Thursday, March 3rd. BMO Capital Markets cut 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 note on Wednesday, March 2nd. Stifel Nicolaus cut their price target on shares of Domino’s Pizza from $485.00 to $425.00 in a research note on Tuesday, March 1st. MKM Partners cut their price target on shares of Domino’s Pizza from $490.00 to $440.00 and set a “neutral” rating for the company in a research note on Wednesday, April 20th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Domino’s Pizza from $468.00 to $440.00 and set a “hold” rating for the company in a research note on Wednesday, March 2nd. One equities research analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $454.85. Read more …

 


Mastercard (NYSE:MA) was downgraded by equities researchers at Piper Sandler from a “neutral” rating to an “underweight” rating in a report released on Friday, The Fly reports.

MA has been the subject of several other research reports. Raymond James reduced their price objective on shares of Mastercard from $453.00 to $447.00 and set an “outperform” rating for the company in a research note on Friday, January 28th. Barclays reduced their price objective on shares of Mastercard from $430.00 to $420.00 and set an “overweight” rating for the company in a research note on Monday, April 4th. Bank of America reduced their price objective on shares of Mastercard from $416.00 to $402.00 and set a “buy” rating for the company in a research note on Monday, April 18th. Mizuho reduced their price objective on shares of Mastercard from $465.00 to $400.00 and set a “buy” rating for the company in a research note on Friday, January 7th. Finally, StockNews.com began coverage on shares of Mastercard in a research note on Thursday, March 31st. They set a “hold” rating for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $426.94. Read more …

 


Old Republic International (NYSE:ORI) was downgraded by investment analysts at Raymond James from a “strong-buy” rating to an “outperform” rating in a research report issued to clients and investors on Friday, The Fly reports. They presently have a $28.00 price target on the insurance provider’s stock, down from their previous price target of $30.00. Raymond James’ target price indicates a potential upside of 21.37% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. StockNews.com began coverage on shares of Old Republic International in a report on Thursday, March 31st. They issued a “buy” rating for the company. Zacks Investment Research cut shares of Old Republic International from a “buy” rating to a “hold” rating in a report on Tuesday, April 5th. Read more …

 

 


Stanley Black & Decker (NYSE:SWK) was downgraded by stock analysts at Mizuho from a "buy" rating to a "neutral" rating in a research report issued on Friday, The Fly reports. They presently have a $145.00 target price on the industrial products company's stock, down from their prior target price of $222.00. Mizuho's price target suggests a potential upside of 14.06% from the stock's previous close.

A number of other research analysts have also recently commented on SWK. StockNews.com began coverage on Stanley Black & Decker in a report on Thursday, March 31st. They issued a "hold" rating on the stock. Citigroup cut Stanley Black & Decker from a "buy" rating to a "sell" rating and decreased their price objective for the stock from $215.00 to $145.00 in a report on Monday, February 7th. Barclays cut their target price on Stanley Black & Decker from $220.00 to $180.00 and set an "overweight" rating on the stock in a research report on Monday, April 4th. TheStreet downgraded Stanley Black & Decker from a "b-" rating to a "c+" rating in a research report on Wednesday, March 30th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Stanley Black & Decker from $223.00 to $183.00 and set a "buy" rating on the stock in a research report on Thursday, April 14th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Stanley Black & Decker currently has a consensus rating of "Hold" and a consensus price target of $170.69. Read more …

 


Visa (NYSE:V) was downgraded by analysts at Piper Sandler from an “overweight” rating to a “neutral” rating in a report issued on Friday, The Fly reports.

Other analysts have also recently issued reports about the stock. Citigroup decreased their price objective on shares of Visa from $285.00 to $265.00 in a research note on Monday. Raymond James increased their price target on shares of Visa from $265.00 to $281.00 and gave the company an “outperform” rating in a research note on Friday, January 28th. Morgan Stanley increased their price target on shares of Visa from $279.00 to $284.00 in a research note on Wednesday. Barclays decreased their price target on shares of Visa from $265.00 to $260.00 and set an “overweight” rating on the stock in a research note on Monday, April 4th. Finally, Cowen decreased their price target on shares of Visa from $276.00 to $254.00 in a research note on Wednesday. Six equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $266.15. Read more …

 


Western Union (NYSE:WU) was downgraded by research analysts at Citigroup from a "buy" rating to a "neutral" rating in a research note issued on Friday, MarketBeat.com reports. They presently have a $20.00 price objective on the credit services provider's stock. Citigroup's price objective would suggest a potential upside of 16.41% from the stock's current price.

WU has been the topic of a number of other research reports. UBS Group started coverage on shares of Western Union in a research note on Thursday, March 31st. They issued a "neutral" rating and a $19.00 price target on the stock. Wolfe Research reaffirmed a "hold" rating and set a $21.00 price target on shares of Western Union in a report on Friday, March 25th. Zacks Investment Research raised shares of Western Union from a "sell" rating to a "hold" rating and set a $20.00 price target for the company in a report on Thursday, April 14th. StockNews.com started coverage on shares of Western Union in a report on Thursday, March 31st. They set a "hold" rating for the company. Finally, JPMorgan Chase & Co. cut their price target on shares of Western Union from $20.00 to $19.00 in a report on Friday. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $20.12. Read more …

 

January 28, 2022

Notable Analyst Upgrades and Downgrades for Week of January 24 2022 (Part 2)



 

Upgrades:

 


Williams-Sonoma (NYSE:WSM) was upgraded by investment analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report released on Thursday, The Fly reports.

Several other research firms also recently commented on WSM. Loop Capital raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Wednesday, December 22nd. Telsey Advisory Group raised their target price on shares of Williams-Sonoma from $220.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, November 19th. Wedbush cut their target price on shares of Williams-Sonoma from $250.00 to $190.00 in a research report on Wednesday, January 5th. Wells Fargo & Company cut their target price on shares of Williams-Sonoma from $205.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 5th. Finally, Citigroup cut their target price on shares of Williams-Sonoma from $225.00 to $165.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 18th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Williams-Sonoma currently has an average rating of “Hold” and a consensus target price of $179.35. Read more …

 


Apple (NASDAQ:AAPL) was upgraded by stock analysts at New Street Research from a "sell" rating to a "neutral" rating in a report released on Friday, Briefing.com reports. The brokerage currently has a $165.00 price target on the iPhone maker's stock. New Street Research's price objective points to a potential upside of 3.63% from the stock's current price.

A number of other equities analysts have also issued reports on the stock. Morgan Stanley raised their price target on shares of Apple from $200.00 to $210.00 and gave the stock an "overweight" rating in a research report on Friday. Raymond James upped their target price on shares of Apple from $185.00 to $190.00 and gave the stock an "outperform" rating in a research note on Friday. Credit Suisse Group initiated coverage on Apple in a report on Friday, October 29th. They issued a "neutral" rating and a $150.00 price objective for the company. Cowen increased their price objective on Apple from $180.00 to $200.00 in a research report on Friday. Finally, Piper Sandler raised their price target on Apple from $175.00 to $200.00 and gave the company an "overweight" rating in a research report on Friday, January 14th. Seven analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $186.59. Read more …

 


Crown Castle International (NYSE:CCI) was upgraded by investment analysts at Raymond James to an "outperform" rating in a research report issued on Friday, Stock Target Advisor reports. The firm currently has a $184.00 price objective on the real estate investment trust's stock. Raymond James' price objective points to a potential upside of 7.24% from the stock's previous close.

Several other equities analysts have also issued reports on the stock. Citigroup lifted their target price on shares of Crown Castle International from $200.00 to $204.00 in a report on Thursday. Morgan Stanley lowered their target price on shares of Crown Castle International from $208.00 to $207.00 and set an "overweight" rating for the company in a report on Wednesday. Wolfe Research initiated coverage on shares of Crown Castle International in a report on Wednesday, October 13th. They set an "underperform" rating and a $162.00 target price for the company. Credit Suisse Group upgraded shares of Crown Castle International from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $192.00 to $195.00 in a report on Tuesday, October 19th. Finally, Jefferies Financial Group lowered shares of Crown Castle International from a "buy" rating to a "hold" rating and lowered their target price for the company from $226.00 to $203.00 in a report on Monday, January 10th. One research analyst has 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. Based on data from MarketBeat.com, Crown Castle International has an average rating of "Buy" and an average target price of $201.38. Read more …

 

 


General Dynamics (NYSE:GD) was upgraded by equities research analysts at Wolfe Research to a "peer perform" rating in a research report issued to clients and investors on Friday, Stock Target Advisor reports.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company boosted their price objective on shares of General Dynamics from $230.00 to $235.00 and gave the stock an "overweight" rating in a report on Monday, January 10th. Susquehanna Bancshares boosted their price objective on shares of General Dynamics from $225.00 to $240.00 and gave the stock a "positive" rating in a report on Thursday, October 28th. Susquehanna boosted their price objective on shares of General Dynamics from $225.00 to $240.00 and gave the stock a "positive" rating in a report on Thursday, October 28th. Finally, UBS Group upgraded shares of General Dynamics from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $220.00 to $245.00 in a report on Tuesday, December 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine 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 $216.92. Read more …

 

January 16, 2022

Notable Analyst Upgrades and Downgrades for Week of January 10 2022 (Part 2)

 



Upgrades:

 


Thomson Reuters (TSE:TRI) (NYSE:TRI) was upgraded by equities research analysts at National Bank Financial from a "sector perform underweight" rating to an "outperfrom underweight" rating in a research report issued to clients and investors on Tuesday.

A number of other equities research analysts also recently issued reports on the stock. TD Securities upped their price objective on shares of Thomson Reuters from C$160.00 to C$165.00 and gave the stock a "buy" rating in a research report on Wednesday, November 3rd. Royal Bank of Canada upped their price objective on shares of Thomson Reuters from C$122.00 to C$123.00 and gave the stock a "sector perform" rating in a research report on Wednesday, November 3rd. National Bankshares raised shares of Thomson Reuters from a "sector perform" rating to a "buy" rating and set a C$162.00 price objective for the company in a research report on Tuesday. Finally, BNP Paribas raised shares of Thomson Reuters to a "hold" rating in a research report on Wednesday, November 3rd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$147.67. Read more …

 


Wells Fargo & Company (NYSE:WFC) was upgraded by investment analysts at Piper Sandler to an "overweight" rating in a report issued on Wednesday, Stock Target Advisor reports. The brokerage currently has a $64.00 target price on the financial services provider's stock, up from their previous target price of $50.00. Piper Sandler's price target points to a potential upside of 14.16% from the stock's current price.

A number of other analysts also recently issued reports on the company. Jefferies Financial Group raised their target price on Wells Fargo & Company from $51.00 to $57.00 and gave the stock a "buy" rating in a research note on Monday, October 11th. Morgan Stanley raised Wells Fargo & Company from an "equal weight" rating to an "overweight" rating and set a $61.00 target price for the company in a research note on Monday, December 6th. UBS Group assumed coverage on Wells Fargo & Company in a research note on Friday, December 10th. They issued a "buy" rating and a $65.00 target price for the company. TheStreet raised Wells Fargo & Company from a "c+" rating to a "b-" rating in a research note on Thursday, October 14th. Finally, Raymond James raised their target price on Wells Fargo & Company from $55.00 to $58.00 and gave the stock an "outperform" rating in a research note on Thursday, December 9th. Three investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Wells Fargo & Company has an average rating of "Buy" and a consensus target price of $52.24. Read more …

 


DTE Energy (NYSE:DTE) was upgraded by investment analysts at Edward Jones from a "hold" rating to a "buy" rating in a research note issued on Thursday, Price Targets.com reports.

Several other research analysts have also commented on DTE. Evercore ISI upgraded DTE Energy from an "in-line" rating to an "outperform" rating and set a $127.00 price target for the company in a research report on Friday, September 17th. Mizuho dropped their price target on DTE Energy from $126.00 to $124.00 and set a "buy" rating for the company in a research report on Monday, November 22nd. Morgan Stanley upgraded DTE Energy from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $127.00 to $133.00 in a research report on Thursday, January 6th. Wells Fargo & Company upgraded DTE Energy from an "equal weight" rating to an "overweight" rating and dropped their price target for the stock from $124.00 to $123.00 in a research report on Wednesday, December 1st. Finally, JPMorgan Chase & Co. lowered DTE Energy from an "overweight" rating to a "neutral" rating and set a $126.00 price target for the company. in a research report on Friday, January 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, DTE Energy has an average rating of "Buy" and a consensus target price of $128.30. Read more …

 

 


Halliburton (NYSE:HAL) was upgraded by JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research note issued to investors on Thursday, The Fly reports. The brokerage presently has a $32.00 price objective on the oilfield services company's stock, up from their prior price objective of $30.00. JPMorgan Chase & Co.'s price target suggests a potential upside of 16.62% from the company's current price.

Several other equities research analysts have also weighed in on HAL. Morgan Stanley raised Halliburton from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $28.00 to $30.00 in a research report on Tuesday, January 4th. Citigroup raised their price target on Halliburton from $28.00 to $30.00 and gave the company a "buy" rating in a report on Wednesday, October 20th. COKER & PALMER raised Halliburton from a "sector perform" rating to an "outperform" rating and set a $24.00 price target on the stock in a report on Tuesday, October 12th. Argus raised Halliburton from a "hold" rating to a "buy" rating and set a $32.00 price target on the stock in a report on Wednesday, October 20th. Finally, Wells Fargo & Company raised their target price on Halliburton from $21.00 to $22.00 and gave the company an "equal weight" rating in a research note on Friday, October 1st. Six equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Halliburton has a consensus rating of "Buy" and a consensus target price of $26.09. Read more …

October 26, 2021

Is It Time to Follow Buffett Into Verizon?

 

Determining if this telecom giant is worth buying

 


 

In the third quarter of 2020, an interesting position appeared in Berkshire Hathaway's (BRK.A, Financial) investment portfolio: Verizon Communications Inc.

 

I say this was an interesting investment because, considering its size (around $9 billion), it seems as if Warren Buffett (Trades, Portfolio) may have initiated this position himself.

 

Buffett has attacked large telecommunication companies in the past. In a lecture several decades ago, he compared what was then AT&T Inc. to a newspaper business, calling the former "the agony" and the latter "ecstasy" of businesses.

 

At the time, Buffett attacked the telecommunications company for its poor returns on invested capital, high capital spending requirements and lack of growth.

 

However, since this lecture was published several decades ago, Berkshire has been building its portfolio of infrastructure assets. As the conglomerate has grown, it has had more and more cash it has needed to deploy. One of the most effective ways to deploy a large amount of capital and achieve a relatively reasonable return is to invest in infrastructure assets.

 

 

Today, some of Berkshire's most prominent businesses are BNSF, a railroad, and Berkshire Hathaway Energy (BHE), a utility.

 

Continue reading …

 

August 14, 2021

Week's Most Significant Insider Trades: Week of August 9, 2021

 



Disposals:

 


Albemarle Co. (NYSE:ALB) EVP Karen G. Narwold sold 10,000 shares of the business’s stock in a transaction dated Friday, August 6th. The stock was sold at an average price of $216.12, for a total transaction of $2,161,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Karen G. Narwold also recently made the following trade(s):

On Tuesday, June 8th, Karen G. Narwold sold 1,338 shares of Albemarle stock. The shares were sold at an average price of $171.30, for a total value of $229,199.40.

 NYSE:ALB traded up $4.67 during trading hours on Monday, hitting $231.38. The company’s stock had a trading volume of 1,422,671 shares, compared to its average volume of 1,410,407. The company has a market capitalization of $27.06 billion, a PE ratio of 37.63, a P/E/G ratio of 3.14 and a beta of 1.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.18 and a quick ratio of 1.44. The company has a fifty day simple moving average of $179.29. Albemarle Co. has a 52-week low of $79.06 and a 52-week high of $232.53. Read more …

 


Nucor Co. (NYSE:NUE) EVP Kenneth Rex Query sold 3,792 shares of the business’s stock in a transaction dated Thursday, August 5th. The stock was sold at an average price of $101.88, for a total transaction of $386,328.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Nucor Co. (NYSE:NUE) EVP Allen C. Behr sold 6,103 shares of the business’s stock in a transaction that occurred on Wednesday, August 11th. The shares were sold at an average price of $123.28, for a total value of $752,377.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE NUE traded up $0.76 on Thursday, reaching $123.48. 177,754 shares of the company were exchanged, compared to its average volume of 3,306,208. The firm has a fifty day simple moving average of $99.85. The company has a market cap of $36.95 billion, a PE ratio of 12.04 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.11 and a quick ratio of 1.76. Nucor Co. has a fifty-two week low of $44.05 and a fifty-two week high of $123.98. Read more …

 


Target Co. (NYSE:TGT) insider Don H. Liu sold 3,000 shares of the company’s stock in a transaction dated Friday, August 6th. The stock was sold at an average price of $261.93, for a total value of $785,790.00. Following the completion of the transaction, the insider now directly owns 62,017 shares of the company’s stock, valued at approximately $16,244,112.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TGT traded up $2.32 on Monday, reaching $262.41. 2,491,688 shares of the company traded hands, compared to its average volume of 3,449,493. Target Co. has a one year low of $131.25 and a one year high of $263.46. The firm has a fifty day moving average price of $244.94. The firm has a market capitalization of $129.82 billion, a P/E ratio of 21.40, a P/E/G ratio of 1.56 and a beta of 1.01. The company has a current ratio of 1.07, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. Read more …

 

 


The Charles Schwab Co. (NYSE:SCHW) Chairman Charles R. Schwab sold 81,400 shares of The Charles Schwab stock in a transaction dated Friday, August 6th. The shares were sold at an average price of $71.21, for a total value of $5,796,494.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

SCHW stock traded up $1.51 during mid-day trading on Monday, reaching $73.44. The company’s stock had a trading volume of 453,659 shares, compared to its average volume of 7,802,283. The company has a market capitalization of $132.71 billion, a P/E ratio of 31.20 and a beta of 1.03. The business’s 50 day moving average price is $71.27. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.39 and a current ratio of 0.39. The Charles Schwab Co. has a 12 month low of $32.84 and a 12 month high of $76.37.  Read more …

April 30, 2021

Notable Analyst Upgrades and Downgrades for Week of April 26, 2021

 


Upgrades:

 


Simon Property Group (NYSE:SPG) was upgraded by equities research analysts at Evercore ISI from an "in-line" rating to an "outperform" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm presently has a $128.00 price objective on the real estate investment trust's stock, up from their previous price objective of $112.00. Evercore ISI's price target indicates a potential upside of 9.48% from the company's previous close.

A number of other research firms also recently commented on SPG. Mizuho increased their price objective on shares of Simon Property Group from $74.00 to $97.00 and gave the company a "neutral" rating in a report on Tuesday, February 9th. Piper Sandler upped their price objective on shares of Simon Property Group from $115.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, March 11th. Zacks Investment Research raised shares of Simon Property Group from a "sell" rating to a "hold" rating and set a $92.00 target price on the stock in a research note on Monday, January 11th. Morgan Stanley boosted their target price on shares of Simon Property Group from $125.00 to $135.00 and gave the company an "overweight" rating in a report on Tuesday, April 13th. Finally, BTIG Research raised their price target on shares of Simon Property Group from $99.00 to $125.00 and gave the stock a "buy" rating in a report on Tuesday, February 9th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company. Simon Property Group has a consensus rating of "Hold" and a consensus price target of $105.94. Read more …

 


Brookfield Renewable (NYSE:BEPC) was upgraded by research analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Monday, The Fly reports. The firm presently has a $53.00 price target on the stock, up from their previous price target of $47.00. Wells Fargo & Company‘s price objective suggests a potential upside of 20.65% from the company’s current price.

Separately, JPMorgan Chase & Co. initiated coverage on shares of Brookfield Renewable in a research note on Wednesday, March 31st. They set a “neutral” rating and a $49.00 target price for the company.

NYSE:BEPC opened at $43.93 on Monday. Brookfield Renewable has a one year low of $26.67 and a one year high of $63.31. The company has a fifty day moving average price of $45.37 and a 200 day moving average price of $57.13. Read more …

 


Weyerhaeuser (NYSE:WY) was upgraded by equities research analysts at Raymond James from an "outperform" rating to a "strong-buy" rating in a report issued on Monday, Price Targets.com reports.

Separately, DA Davidson increased their target price on shares of Weyerhaeuser from $29.00 to $34.00 in a research note on Monday, February 1st. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Weyerhaeuser currently has a consensus rating of "Buy" and an average price target of $31.38.

NYSE WY traded up $0.61 on Monday, hitting $39.99. The stock had a trading volume of 166,179 shares, compared to its average volume of 4,538,245. Weyerhaeuser has a 52-week low of $16.05 and a 52-week high of $39.88. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.72 and a current ratio of 2.28. The company has a market capitalization of $29.94 billion, a price-to-earnings ratio of 96.05 and a beta of 1.96. The firm has a 50-day moving average of $36.48 and a 200-day moving average of $32.90. Read more …

 

 


ViacomCBS (NASDAQ:VIAC) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other equities analysts have also issued reports on VIAC. Evercore ISI boosted their target price on shares of ViacomCBS from $40.00 to $50.00 in a report on Thursday, February 25th. Barrington Research downgraded shares of ViacomCBS from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 25th. Barclays downgraded shares of ViacomCBS from an “overweight” rating to an “underweight” rating and decreased their target price for the stock from $36.00 to $35.00 in a research report on Tuesday, January 19th. Gabelli raised shares of ViacomCBS from a “hold” rating to a “buy” rating in a research report on Tuesday, March 30th. Finally, BMO Capital Markets raised shares of ViacomCBS from an “underperform” rating to a “market perform” rating and set a $70.00 price objective for the company in a research report on Monday, March 29th. Seven equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. ViacomCBS has an average rating of “Hold” and an average price target of $47.25. Read more …