Coinbase shares were 5% higher on Friday as investors appeared to largely shrug off yesterday’s S&P downgrade. The rating agency’s move cited the company’s disappointing earning...
Tag: Downgrade
IBM Gets a Quant Downgrade, But Here’s What the Charts Reveal
Shares of IBM (IBM) were downgraded Tuesday by TheStreet’s Quant Ratings service. Let’s check the charts to see if what the technicals say. In the daily bar chart of IBM, below, we can see...
MicroStrategy Stocks Plunged 10% After a Downgrade to “Underporformance”
Jefferies analyst Brent Thill downgraded the software analytics provider to “underperform” from “hold” as the ongoing crypto shambles failed to demonstrate strong signals for a market reversal. The do...
Is Warren Buffett’s Favorite Stock Overbought? Occidental Petroleum Gets Downgrade From Analysts
Topline Shares of Occidental Petroleum, a favorite of billionaire investor Warren Buffett, fell 2% on Monday after Goldman Sachs analysts downgraded the stock and warned valuations look less attractiv...
PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’
PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an analys...
Voyager Digital Plunges on Three Arrows Exposure, Analyst Downgrade
“The 3AC exposure raises survivability questions for VOYG,” Chris Allen, an analyst with boutique investment bank Compass Point said in a note to clients Wednesday. “With 3AC contemp...
Returning To The Same Issue: ASOS Downgrade Profit Forecasts
ASOS is the latest retailer to highlight the real pain point of high returns rates whilst warning of … [+] a hit to profits. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty ...
Warner Bros. Discovery Stock Falls to New Low Amid Market Turmoil, Analyst Downgrade
Warner Bros. Discovery’s brutal year in the stock market hit a new bottom, as shares of the media conglomerate sank 8.1% Thursday — taking a bigger punch than peers. With the stock drop Thursday, to c...
Micron Stock Slumps After Downgrade. Why the Analyst Fears the Consumer.
Text size Dreamstime Micron Technology stock was slumping Friday after the memory chip manufacturer received the first Sell-equivalent rating since February. Piper Sandler analyst Harsh Kumar downgrad...
GM shares hit new 52-week low following Wells Fargo downgrade
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images ...
Deere’s stock sinks toward 5th-straight loss after BofA downgrade on order concerns
Shares of Deere & Co. DE, -4.48% dropped 4.6% in morning trading Monday, putting them on track for a fifth-straight loss, after BofA Securities downgraded the agricultural and construction equipme...
Some Analysts Downgrade Twitter Stock Amid ‘Full Blown Elon Circus’
Topline As speculation continues to swirl around Elon Musk’s $43 billion offer to buy Twitter, more Wall Street analysts are downgrading shares of the social media company, remaining skeptical of the ...
Nvidia stock receives a downgrade from Baird
Nvidia Corporation (NASDAQ: NVDA) continues to slide in the stock market, now down nearly 25% in two weeks. Making it worse is a Baird analyst who warns a recovery is not on the cards at present. Tris...
AMD Turns Lower on Fundamental Downgrade: Key Price Levels to Watch
Advanced Micro Devices (AMD) was downgraded by a sell-side firm Thursday and the stock is trading lower on the day. In our last review of AMD back on Jan. 4 we were bullish and wrote that “Trade...
Why Is Ford Stock Down Again Today? A Downgrade Is Hitting Shares.
Text size Ford stock has climbed 95% over the past year. Brandon Bell/Getty Images Ford Motor stock has been been on a tear, cruising by most analyst price targets. That leaves analysts in an interest...
Disney Falls on Guggenheim Downgrade
Shares for The Walt Disney Company (DIS) fell by almost 3% after analysts at investment firm Guggenheim Partners downgraded the stock over concerns for the company’s future profit growth. Disney...
Pinterest shares sink amid Guggenheim downgrade
Pinterest (PINS) shares tumbled 9% on Tuesday after Guggenheim downgraded the discovery platform’s stock to Neutral from Buy over concerns of slowing user trends. Data indicates “continue...
Palantir stock’s ‘strength will prove unsustainable,’ analyst says in downgrade
Palantir Technologies Inc. shares are up nearly 50% from their May lows, but one analyst worries that “this strength will prove unsustainable.” Monness, Crespi, Hardt & Co. analyst Brian White dow...