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Equities Research Analysts’ Downgrades for July 15th (AEIS, AHH, ALTR, BAX, BK, BP, COHU, CTAS, CZR, DLAKY)

reporter.am 2024/8/22

stock downgrades
Equities Research Analysts’ downgrades for Monday, July 15th:

Advanced Energy Industries (NASDAQ:AEIS) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating. They currently have $113.00 price target on the stock.

Armada Hoffler Properties (NYSE:AHH) was downgraded by analysts at Jefferies Financial Group Inc. from a buy rating to a hold rating. Jefferies Financial Group Inc. currently has $11.00 price target on the stock, down from their previous price target of $13.00.

Altair Engineering (NASDAQ:ALTR) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating. The firm currently has $95.00 price target on the stock.

Baxter International (NYSE:BAX) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating. Morgan Stanley currently has $30.00 target price on the stock, down from their previous target price of $39.00.

Bank of New York Mellon (NYSE:BK) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating. The firm currently has $65.00 target price on the stock.

BP (NYSE:BP) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating. Morgan Stanley currently has $41.50 price target on the stock, down from their previous price target of $49.90.

Cohu (NASDAQ:COHU) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating. They currently have $36.00 target price on the stock.

Cintas (NASDAQ:CTAS) was downgraded by analysts at Royal Bank of Canada from an outperform rating to a sector perform rating. They currently have $725.00 price target on the stock.

Caesars Entertainment (NASDAQ:CZR) was downgraded by analysts at Susquehanna from a neutral rating to a negative rating. They currently have $33.00 target price on the stock, down from their previous target price of $44.00.

Deutsche Lufthansa (OTCMKTS:DLAKY) was downgraded by analysts at Stifel Nicolaus from a hold rating to a sell rating.

Electronic Arts (NASDAQ:EA) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating. They currently have $161.00 target price on the stock, up from their previous target price of $148.00.

Ocado Group (LON:OCDO) was downgraded by analysts at Berenberg Bank to an underperform rating. Berenberg Bank currently has GBX 260 ($3.33) target price on the stock, down from their previous target price of GBX 1,000 ($12.81).

Onsemi (NASDAQ:ON) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating. They currently have $77.00 target price on the stock, down from their previous target price of $85.00.

Rocket Lab USA (NASDAQ:RKLB) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating. They currently have $6.00 target price on the stock, down from their previous target price of $8.00.

SBA Communications (NASDAQ:SBAC) was downgraded by analysts at Wells Fargo & Company from an overweight rating to an equal weight rating. The firm currently has $220.00 price target on the stock, down from their previous price target of $230.00.

STAAR Surgical (NASDAQ:STAA) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating. The firm currently has $37.00 target price on the stock, down from their previous target price of $50.00.

Travelers Companies (NYSE:TRV) was downgraded by analysts at TD Cowen from a buy rating to a hold rating. TD Cowen currently has $230.00 price target on the stock, down from their previous price target of $252.00.

Veeco Instruments (NASDAQ:VECO) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating. They currently have $50.00 target price on the stock, up from their previous target price of $45.00.

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