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.


 

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  • Analysts at Johnson Rice downgraded Signet Jewelers Ltd. (NYSE: SIG) from Buy to Accumulate. Signet Jewelers shares fell 3.34 percent to close at $80.65 on Friday.
  • Mitsubishi UFG downgraded Autodesk, Inc. (NASDAQ: ADSK) from Equal-weight to Underweight. Autodesk shares fell 0.61 percent to $68.45 in pre-market trading.
  • BTIG downgraded Square Inc (NYSE: SQ) from Buy to Neutral and removed the price target of $12. Square shares declined 1.91 percent to $11.81 in pre-market trading.
  • Analysts at Wells Fargo downgraded Rackspace Hosting, Inc. (NYSE: RAX) from Outperform to Market Perform. Rackspace shares rose 0.22 percent to $31.57 in pre-market trading.
  • Analysts at Piper Jaffray downgraded KeyCorp (NYSE: KEY) from Overweight to Neutral. KeyCorp shares fell 0.57 percent to $12.25 in pre-market trading.
  • Longbow Research downgraded Harley-Davidson Inc (NYSE: HOG) from Neutral to Underperform. Harley-Davidson shares dropped 2.97 percent to $51.01 in pre-market trading.
  • Analysts at KeyBanc downgraded Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) from Overweight to Sector Weight. Kratos Defense shares fell 4.84 percent to $7.08 in pre-market trading.
  • Citi downgraded Compania Cervecerias Unidas S.A. (ADR) (NYSE: CCU) from Buy to Neutral. The price target for Compania Cervecerias Unidas has been lowered from $25.50 to $24.50. CCU shares dropped 0.95 percent to close at $21.82 on Friday.
  • Piper Jaffray downgraded Fiesta Restaurant Group Inc (NASDAQ: FRGI) from Overweight to Neutral. Fiesta Restaurant shares dropped 1.84 percent to $24.51 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.


Posted In: DowngradesAnalyst RatingsTop Downgrades