Benzinga's Top Downgrades


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.


Stifel Nicolaus downgraded Gap Inc (NYSE: GPS) from Buy to Hold. Gap shares rose 0.98 percent to $17.45 in pre-market trading.Analysts at Bank of America downgraded Teekay Tankers Ltd. (NYSE: TNK) from Neutral to Underperform. Teekay Tankers shares dropped 1.96 percent to $3.50 in pre-market trading.Credit Suisse downgraded Cheetah Mobile Inc (ADR) (NYSE: CMCM) from Neutral to Underperform. The target price for Cheetah Mobile has been lowered from $18 to $8.50. Cheetah Mobile shares declined 3.68 percent to $11.00 in the pre-market trading session.Analysts at Wunderlich downgraded New York & Company, Inc. (NYSE: NWY) from Buy to Hold. The target price for New York & Co has been lowered from $3.50 to $2.25. New York & Co shares declined 16.95 percent to $2.45 in pre-market trading.Argus Research downgraded Noble Corporation (UK) (NYSE: NE) from Buy to Hold. Noble shares dropped 0.47 percent to $8.49 in pre-market trading.Analysts at Societe Generale downgraded Constellium NV (NYSE: CSTM) from Buy to Hold. Constellium shares gained 0.97 percent to close at $5.23 on Thursday.JP Morgan downgraded B/E Aerospace Inc (NASDAQ: BEAV) from Overweight to Neutral. The target price for B/E Aerospace has been lowered from $54 to $50. B/E Aerospace shares fell 1.49 percent to close at $46.80 on Thursday.Barclays downgraded FMC Technologies, Inc. (NYSE: FTI) from Overweight to Equal-weight. The target price for FMC Technologies has been lowered from $37 to $33. FMC Technologies shares dropped 0.33 percent to $27.21 in pre-market trading.

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.


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Posted In: DowngradesAnalyst RatingsTop Downgrades