Benzinga's Top Downgrades


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Analysts at Guggenheim Securities downgraded Fifth Third Bancorp

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(NASDAQ: FITB) from Buy to Neutral. Fifth Third Bancorp shares closed at $18.83 on Tuesday.Bank of America downgraded Micron Technology, Inc. (NASDAQ: MU) from Neutral to Underperform. Micron shares closed at $17.09 on Tuesday.Analysts at Northland Securities downgraded Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) from Outperform to Market Perform. The price target for Himax Technologies has been lowered from $11 to $9. Himax Technologies shares closed at $6.81 on Tuesday.Canaccord Genuity downgraded Cepheid (NASDAQ: CPHD) from Speculative Buy to Hold. Cepheid shares closed at $32.25 on Tuesday.Analysts at JP Morgan downgraded

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Harley-Davidson Inc (NYSE: HOG) from Overweight to Neutral. The price target for Harley-Davidson has been lowered to $50. Harley-Davidson shares closed at $48.25 on Tuesday.Mizuho Securities downgraded Yahoo! Inc. (NASDAQ: YHOO) from Buy to Neutral. The price target for Yahoo has been lowered from $40 to $37. Yahoo shares closed at $32.83 on Tuesday.Analysts at Raymond James downgraded Brinker International, Inc. (NYSE: EAT) from Outperform to Market Perform. Brinker International shares closed at $47.67 on Tuesday.CLSA downgraded Reynolds American, Inc. (NYSE: RAI) from Outperform to Underperform. Reynolds American shares closed at $47.64 on Tuesday.Analysts at Sterne Agee CRT downgraded VMware, Inc. (NYSE: VMW) to Neutral. The price target for VMware has been lowered from $88 to $75. VMware shares closed at $68.84 on Tuesday.Analysts at Morgan Stanley downgraded Twitter Inc (NYSE: TWTR) from Equal-weight to Underweight. The price target for Twitter has been lowered from $36 to $24. Twitter shares closed at $30.91 on Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: DowngradesAnalyst RatingsTop Downgrades