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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  • Morgan Stanley downgraded Intuit Inc. (NASDAQ: INTU) from Equal-weight to Underweight. Intuit shares fell 2.70 percent to $106.58 in pre-market trading.
  • Macquarie downgraded Netflix, Inc. (NASDAQ: NFLX) from Neutral to Underperform. Netflix shares dropped 1.67 percent to $97.40 in pre-market trading.
  • Analysts at Cowen & Co. downgraded Signet Jewelers Ltd. (NYSE: SIG) from Outperform to Market Perform. Signet shares gained 2.13 percent to close at $78.54 on Monday.
  • Credit Suisse downgraded EnLink Midstream LLC (NYSE: ENLC) from Neutral to Underperform. EnLink Midstream shares slipped 1.16 percent to close at $17.00 on Monday.
  • Analysts at Jefferies downgraded Anthem Inc (NYSE: ANTM) from Buy to Hold. Anthem shares gained 1.33 percent to close at $128.58 on Monday.
  • CLSA downgraded Potash Corporation of Saskatchewan (USA) (NYSE: POT) from Buy to Outperform. Potash Corporation shares dropped 0.60 percent to $16.66 in pre-market trading.
  • Analysts at Deutsche Bank downgraded American Farmland Co (NYSE: AFCO) from Buy to Hold. The price target for American Farmland has been lowered from $9 to $8. American Farmland shares climbed 18.71 percent to close at $7.17 on Monday.
  • Ladenburg Thalmann downgraded Progress Software Corporation (NASDAQ: PRGS) from Buy to Neutral. Progress Software shares rose 1.73 percent to close at $28.85 on Monday.
  • Analysts at Wells Fargo downgraded Applied Genetic Technologies Corp (NASDAQ: AGTC) from Outperform to Market Perform. Applied Genetic Tech shares dropped 27.98 percent to $9.50 in pre-market trading.
  • Bank of America downgraded Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) from Buy to Underperform. Red Robin shares fell 0.37 percent to close at $48.83 on Monday.

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