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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  • Goldman Sachs downgraded First Solar, Inc. (NASDAQ: FSLR) from Buy to Neutral. The price target for First Solar has been lowered from $58.00 to $42.00. First Solar shares declined 1.89 percent to $39.00 in pre-market trading.
  • JP Morgan downgraded Merrimack Pharmaceuticals Inc (NASDAQ: MACK) from Overweight to Neutral. Merrimack Pharmaceuticals shares declined 3.68 percent to $5.76 in pre-market trading.
  • Wells Fargo downgraded Actuant Corporation (NYSE: ATU) from Outperform to Market Perform. Actuant shares rose 2.74 percent to close at $23.98 on Thursday.
  • Analysts at Pivotal Research downgraded Tyson Foods, Inc. (NYSE: TSN) from Buy to Sell. The price target for Tyson has been lowered from $100 to $40. Tyson shares fell 4.05 percent to $71.37 in pre-market trading.
  • Analysts at Morgan Stanley downgraded Alnylam Pharmaceuticals, Inc. (NASDAQ: ALNY) from Overweight to Equal-weight. Alnylam Pharmaceuticals shares rose 0.80 percent to $36.50 in pre-market trading.
  • Analysts at Stifel Nicolaus downgraded CIT Group Inc. (NYSE: CIT) from Buy to Hold. CIT Group shares rose 3.85 percent to $37.80 in pre-market trading.
  • Jefferies downgraded Fifth Third Bancorp (NASDAQ: FITB) from Buy to Hold. Fifth Third Bancorp shares rose 0.10 percent to $20.76 in pre-market trading.
  • Goldman Sachs downgraded Solaredge Technologies Inc (NASDAQ: SEDG) from Neutral to Sell. The price target for SolarEdge Technologies has been lowered from $19.00 to $12.00. SolarEdge Technologies shares slipped 5.63 percent to $16.25 in pre-market trading.
  • Keefe Bruyette & Woods downgraded Endurance Specialty Holdings Ltd. (NYSE: ENH) from Outperform to Market Perform. Endurance Specialty shares slipped 0.22 percent to close at $91.55 on Thursday.
  • Analysts at Bank of America downgraded Blackhawk Network Holdings Inc (NASDAQ: HAWK) from Buy to Neutral. Blackhawk Network shares fell 1.48 percent to $30.69 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