Shares of Steven Madden Ltd. fell Tuesday, after Wedbush analyst Tom Nikic backed away from his yearlong bullish stance one day before the footwear, clothing and accessories company reports quarterly Read more
Tag: downgraded
Meta stock downgraded at Bank of America amid concerns about Reels and the metaverse
Shares of Meta Platforms Inc. were falling in premarket action Monday after a Bank of America analyst threw in the towel on his bullish call. Bank of America’s Justin Post Read more
Amex stock downgraded at Citi as recession fears loom
American Express Co. caters to more affluent consumers, and the company has been upbeat in recent months about the way its business has held up amid challenging economic conditions. But Read more
Micron stock downgraded amid ‘steepening price declines’
Mizuho analyst Vijay Rakesh is concerned about memory demand and its impact on pricing, trends that he thinks could weigh on shares of Micron Technology Inc. and Western Digital Corp. Read more
Teladoc stock downgraded as analysts lament ‘underwhelming execution’ and risks to guidance
Two more former bulls on Teladoc Health Inc.’s stock jumped ship Tuesday, warning of various challenges for the telemedicine company. With the latest downgrades from Berenberg Capital Markets and Cowen Read more
Comcast, Charter stocks downgraded as Barclays says companies are ‘likely past peak growth’
In the wake of negative broadband subscriber growth at Comcast Corp. and Charter Communications Inc. last week, Barclays analyst Kannan Venkateshwar is taking a more cautious view on the cable Read more
Caesars, SeaWorld downgraded on ‘waning’ confidence in ability to withstand looming recession
Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc analyst Brett Andress, who cited growing concerns over the companies’ prospects as a potential economic Read more