This Best Buy Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Thursday

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.

• Ladenburg Thalmann analyst Christopher Nolan downgraded the rating for Sachem Capital Corp. (AMEX:SACH) from Buy to Neutral. Sachem Cap shares closed at $1.11 on Wednesday. See how other analysts view this stock.
• Citigroup analyst Steven Zaccone downgraded the rating for Best Buy Co., Inc. (NYSE:BBY) from Buy to Neutral and lowered the price target from $93 to $70. Best Buy shares closed at $75.73 on Wednesday. See how other analysts view this stock.
• B of A Securities analyst Craig Siegenthaler downgraded AllianceBernstein Holding L.P. (NYSE:AB) from Buy to Neutral and cut the price target from $42 to $38. AllianceBernstein shares closed at $39.01 on Wednesday. See how other analysts view this stock.
• Citigroup analyst Steven Zaccone downgraded the rating for RH (NYSE:RH) from Buy to Neutral and slashed the price target from $437 to $200. RH shares closed at $249.35 on Wednesday. See how other analysts view this stock.

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

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