This STMicroelectronics Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

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.

• Morgan Stanley analyst Eddy Wang downgraded the rating for New Oriental Education & Technology Group Inc. (NYSE:EDU) from Overweight Equal-Weight and lowered the price target from $83 to $52. New Oriental Education shares closed at $46.71 on Tuesday. See how other analysts view this stock.
• Barclays analyst Simon Coles downgraded STMicroelectronics N.V. (NYSE:STM) from Equal-Weight to Underweight. STMicroelectronics shares closed at $25.75 on Tuesday. See how other analysts view this stock.
• JP Morgan analyst Mark Murphy downgraded Paycor HCM, Inc. (NASDAQ:PYCR) from Neutral to Underweight but raised the price target from $21 to $22.5. Paycor HCM shares closed at $22.12 on Tuesday. See how other analysts view this stock.
• William Blair analyst Max Smock downgraded Charles River Laboratories International, Inc. (NYSE:CRL) from Outperform to Market Perform. Charles River shares closed at $169.81 on Tuesday. See how other analysts view this stock.
• Jefferies analyst Julien Dumoulin-Smith downgraded the rating for Fluence Energy, Inc (NASDAQ:FLNC) from Buy to Hold and slashed the price target from $22 to $15. Fluence Energy shares closed at $14.41 on Tuesday. See how other analysts view this stock.

Considering buying STM stock? Here’s what analysts think:

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