Research Analysts’ downgrades for Thursday, October 17th:
ProFrac (NASDAQ:ACDC) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating. Morgan Stanley currently has $6.50 price target on the stock, down from their previous price target of $7.00.
Assurant (NYSE:AIZ) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
CenterPoint Energy (NYSE:CNP) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Capri (NYSE:CPRI) was downgraded by analysts at Wells Fargo & Company from an overweight rating to an equal weight rating. They currently have $42.00 target price on the stock.
Duluth (NASDAQ:DLTH) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Brinker International (NYSE:EAT) was downgraded by analysts at Raymond James from an outperform rating to a market perform rating.
Fortinet (NASDAQ:FTNT) was downgraded by analysts at Mizuho from a neutral rating to an underperform rating. Mizuho currently has $68.00 price target on the stock.
Givaudan (OTCMKTS:GVDNY) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating.
W.W. Grainger (NYSE:GWW) was downgraded by analysts at Oppenheimer Holdings Inc. from an outperform rating to a market perform rating.
Hecla Mining (NYSE:HL) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Topgolf Callaway Brands (NYSE:MODG) was downgraded by analysts at B. Riley from a buy rating to a neutral rating. The firm currently has $12.00 target price on the stock, down from their previous target price of $18.00.
Nomad Foods (NYSE:NOMD) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Novozymes A/S (OTCMKTS:NVZMY) was downgraded by analysts at Citigroup Inc. from a neutral rating to a sell rating.
PepsiCo (NASDAQ:PEP) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Qiagen (NYSE:QGEN) was downgraded by analysts at HSBC Holdings plc from a buy rating to a hold rating. HSBC Holdings plc currently has $49.00 price target on the stock.
SolarEdge Technologies (NASDAQ:SEDG) was downgraded by analysts at Guggenheim from a neutral rating to a sell rating. They currently have $10.00 target price on the stock.
Sony Group (NYSE:SONY) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Spire (NYSE:SR) was downgraded by analysts at LADENBURG THALM/SH SH from a neutral rating to a sell rating. The firm currently has $60.50 target price on the stock, down from their previous target price of $65.50.
Subsea 7 (OTCMKTS:SUBCY) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating.
Uber Technologies (NYSE:UBER) was downgraded by analysts at Daiwa Capital Markets from an outperform rating to a neutral rating. They currently have $84.00 price target on the stock.
UnitedHealth Group (NYSE:UNH) was downgraded by analysts at HSBC Holdings plc from a buy rating to a hold rating.
Weibo (NASDAQ:WB) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
WNS (NYSE:WNS) was downgraded by analysts at TD Cowen from a buy rating to a hold rating. They currently have $53.00 price target on the stock, down from their previous price target of $64.00.
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