Topic
downgrades
12 stories related to this topic, newest first.
CoinDeskbusiness3 hrs ago
Mizuho Downgrades Circle to Underperform and Cuts Price Target to $50
Mizuho lowered its rating on Circle and reduced its price target, citing competitive pressure from OpenUSD. The bank also cut its 2027 adjusted EBITDA forecast for the stablecoin issuer.
thestreet.combusiness32 days ago
Adobe Shares Fall More Than 6% After Three Analyst Downgrades
Adobe reported fiscal second-quarter results and full-year guidance that beat expectations. Three research firms downgraded the stock and cited leadership changes and slower recurring-revenue growth.
ai-cio.comfinance64 days ago
Deutsche Bank Downgrades Goodyear Tire to Hold, Cuts Price Target to $7
Deutsche Bank analyst Edison Yu downgraded Goodyear Tire & Rubber Co from Buy to Hold and cut the price target from $9 to $7. Shares of the tire maker closed at $6.51 on Friday. Raymond James analyst Ric Prentiss also downgraded Telephone and Data Systems Inc from Outperform to M…
azernews.azfinance70 days ago
Asian Development Bank Downgrades Asia Growth Outlook and Raises Inflation Forecast
The Asian Development Bank has lowered its growth projections for Asia while increasing its inflation expectations due to ongoing high energy prices. Chief Economist Albert Park outlined the bank's support for the regional economy amid currency pressures. The adjustments reflect…
Bloombergfinance81 days ago
S&P Downgrades Belgium's Credit Rating as Second Cut in a Week
S&P has downgraded Belgium's credit rating, marking the second such action by a credit assessor within a week. The move comes as Belgium maintains the euro area's largest budget deficits. @business reported the developments amid ongoing fiscal concerns in the region.
Substrate placeholder — needs reviewfinance83 days ago
Analysts Adjust Ratings on Five Stocks, Downgrading Synchrony Financial and GitLab While Raising Penguin Solutions Target
Wall Street analysts issued downgrades for Synchrony Financial, GitLab, Penguin Solutions, Home Bancorp and Prudential Financial. Changes included revised price targets and rating shifts to neutral or underweight. Shares closed lower for most on Tuesday, according to Benzinga.
Substrate placeholder — needs reviewfinance84 days ago
Fitch Ratings Downgrades Philippines Credit Outlook to Negative
Fitch Ratings has revised the Philippines' credit outlook to negative from stable while affirming its BBB rating. The change reflects exposure to the global energy shock from the Middle East crisis and a slowdown in public spending. This could lead to higher borrowing costs if th…
247wallst.comfinance84 days ago
Jefferies Downgrades Safran to Hold, Sets Price Target at €310
Investment bank Jefferies has downgraded French aerospace and defense company Safran to a Hold rating. The firm reduced its price target for Safran shares to €310 from the previous €350. This adjustment reflects Jefferies' updated assessment of Safran's stock performance potentia…
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Substrate placeholder — needs reviewfinance88 days ago
JPMorgan Downgrades Clorox Rating to Underweight from Neutral
JPMorgan has lowered its rating on The Clorox Company to Underweight from Neutral. The downgrade cites weak category growth, threats from private-label products, and rising costs for diesel and resin. Analysts noted that Clorox management has performed well in digital transformat…
Substrate placeholder — needs reviewfinance89 days ago
J.P. Morgan Downgrades Corning and Fabrinet Despite Raising Price Targets
J.P. Morgan has downgraded Corning and Fabrinet to Neutral ratings while increasing their price targets and revenue forecasts. The downgrades reflect concerns about valuation and near-term visibility despite positive long-term growth expectations.
Substrate placeholder — needs reviewfinance92 days ago
BofA Global Research Downgrades NXP Semiconductors Rating to Neutral and Lowers Price Target
BofA Global Research has changed its rating on NXP Semiconductors from 'buy' to 'neutral'. The firm also reduced its price target for the stock from $245 to $230. This adjustment reflects an update in the analyst's assessment of the company's outlook.
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Substrate placeholder — needs reviewfinance95 days ago
US Stock Futures Show Modest Gains in Pre-Market Trading with Notable Company Movements
US stock futures indicated slight increases ahead of the market open, with the E-mini S&P 500 up 0.1 percent, Nasdaq-100 up 0.1 percent, and Russell 2000 flat. Apple shares declined 0.7 percent after reporting leadership in global smartphone shipments for the first quarter. Other…
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