Analysts cut ratings on multiple stocks
Evercore, Morgan Stanley, Raymond James, Citi, TD Cowen, RBC and UBS issued lower or neutral ratings on ALGN, AN, GPI, HUBS, ICE, MOS and OI.
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Evercore, Morgan Stanley, Raymond James, Citi, TD Cowen, RBC and UBS issued lower or neutral ratings on ALGN, AN, GPI, HUBS, ICE, MOS and OI.
Morgan Stanley downgraded Rentokil to “equal weight” from “overweight” and trimmed its price target to 420p from 500p. Shares were down 2.4% at 297.1p, with the stock down 33.6% year-to-date.
Reuters lists notable U.S. stock movers, including Microsoft, 3M and Twilio, in choppy trading. The item also highlights several other gainers and losers across the major U.S. exchanges.
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: September 25 (Reuters) — Wall Street's main indexes inched higher in choppy trading on Friday as AI optimism buoyed sentiment and oil prices eased, while investors monitored efforts to secure a deal to
Morgan Stanley downgraded Ericsson to “underweight” from “equal-weight”, citing shrinking North American revenue, falling margins, and Ericsson’s lack of direct AI exposure versus peers. The broker cut its PT by 5% to SEK 90 and expects lower earnings, projecting flat RAN demand as telcos stay conservative on mobile ca
Novo Nordisk A/S (NVO, Financials), the Danish drugmaker behind Wegovy and Ozempic, is facing a problem that may arrive well before its patent cliff.Morgan Stanley downgraded the stock to Sell after its latest survey suggested Eli Lilly could keep taking share in the fast-growing obesity and diabet…
Morgan Stanley cut its rating on Novo Nordisk, citing ongoing concern over semaglutide’s loss of exclusivity overhang. Shares were down more than 1% premarket.
Morgan Stanley cut Central Bancompany from overweight to equal-weight, according to Benzinga ratings actions.
Morgan Stanley downgraded European Telecoms to Equal Weight from Overweight, European Paper and Packaging to Underweight from Equal Weight, and European Tobacco to Equal Weight from Overweight.
Morgan Stanley downgraded the European utilities sector to equal weight from overweight, and raised European chemicals and European discretionary retail sectors to equal weight from underweight.
Morgan Stanley downgrades LILA to Underweight from Equalweight and assigns a $7.00 price target.
Morgan Stanley downgrades LILA from Equal Weight to Underweight and sets a $7 price target.
Morgan Stanley downgrades BIDU to Underweight from Equalweight and lowers its price target to $80 from $130.
Morgan Stanley downgrades FRPT to Equal Weight
W downgraded to Underweight
NFLX Netflix is another drag on the market, with shares down more than 11% after the streaming giant's in-line results for the second quarter and a disappointing outlook. No major analyst downgrades, but a bunch of price target decreases: Goldman Sachs to $94 from $110; UBS to $115 from $130; JPMorgan to $85 from $118;
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Jefferies analyst David Chiaverini downgraded Huntington Bancshares Inc (NASDAQ: HBAN ) from Buy to Hold and lowered
Robinhood Markets shares are trading higher after Mizuho maintained an Outperform rating on the stock and raised its price target from $115 to $130.
Goldman Sachs analyst Robert Cox maintains Brown & Brown (NYSE: BRO ) with a Neutral and raises the price target from $62 to $70.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Roth Capital analyst Leo Mariani upgraded Talos Energy Inc (NYSE: TALO ) from Neutral to Buy and raised the price tar
Top Wall Street analysts raise price targets for several stocks including Okta, International Seaways, and Ralliant
Needham raises Micron Technology price target from $500 to $1,550 and maintains Buy rating