Upgrades narrowly outpaced downgrades over the past seven days, according to data as of May 31, 2026. While eight firms boosted their price targets for names like COST, AMZN, and GOOGL, a cluster of downward revisions hit the Utilities and IT sectors.
Firm-level moves
The week featured significant activity for CRM, which received one upgrade from B. Riley Securities (205 to 240) but faced three separate downward revisions from Citigroup, Canaccord Genuity, and Bernstein. These conflicting views keep the consensus mean target for CRM anchored at a 34.5% implied upside. Elsewhere, COST saw two upward adjustments, with B of A Securities moving to 1200 and Truist Securities to 1011.
| Ticker | Firm | Dir | Prior → Current |
|---|---|---|---|
| COST | B of A | Up | 1185 → 1200 |
| CRM | B. Riley | Up | 205 → 240 |
| ECL | UBS | Up | 293 → 325 |
| DG | Oppenheimer | Down | 170 → 150 |
Context
Utilities faced concentrated pressure as Truist Securities lowered targets for SO, EXC, ETR, and D. Notably, D received a conflicting upgrade from Jefferies, highlighting a wide valuation gap for the ticker. Track all recent price target changes to monitor how these shifting firm perspectives impact sector-wide consensus.