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News

This Darden Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

Author: Avi Kapoor | July 11, 2024 09:06am

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Morgan Stanley analyst Joseph Moore downgraded the rating for ON Semiconductor (NASDAQ:ON) from Equal-Weight to Underweight, while cutting the price target from $70 to $65. ON Semiconductor shares gained 4.2% to close at $76.59 on Wednesday. See how other analysts view this stock.
  • Goldman Sachs analyst Mark Delaney downgraded Innoviz Technologies Ltd. (NASDAQ:INVZ) from Buy to Neutral, while cutting the price target from $2.25 to $1. Innoviz Technologies shares rose 5.6% to close at $0.9550 on Wednesday. See how other analysts view this stock.
  • Jefferies analyst Andy Barish downgraded Darden Restaurants, Inc. (NYSE:DRI) from Hold to Underperform, while lowering the price target from $154 to $124. Darden shares fell 0.6% to close at $138.06 on Wednesday. See how other analysts view this stock.
  • Argus Research analyst Kristina Ruggeri downgraded the rating Abercrombie & Fitch Co. (NYSE:ANF) from Buy to Hold. Abercrombie & Fitch shares fell 2.9% to settle at $174.10 on Wednesday. See how other analysts view this stock. See how other analysts view this stock.
  • Wolfe Research analyst Scott Group downgraded the rating for Knight-Swift Transportation Holdings Inc. (NYSE:KNX) from Outperform to Peer Perform. Knight-Swift shares gained 2.3% to close at $49.08 on Wednesday. See how other analysts view this stock.

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