This BP Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday
Author: Avi Kapoor | July 15, 2024 09:48am
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 Martijn Rats downgraded the rating for BP p.l.c. (NYSE:BP) from Overweight to Equal-Weight, while lowering the price target from $49.9 to $41.5. BP shares gained 0.4% to close at $35.19 on Friday. See how other analysts view this stock.
- RBC Capital analyst Ashish Sabadra downgraded Cintas Corporation (NASDAQ:CTAS) from Outperform to Sector Perform and announced a price target of $725. Cintas shares rose 0.8% to close at $721.76 on Friday. See how other analysts view this stock.
- TD Cowen analyst Andrew Kligerman downgraded the rating for The Travelers Companies, Inc. (NYSE:TRV) from Buy to Hold, while cutting the price target from $252 to $230. Travelers shares gained 1.3% to close at $211.60 on Friday. See how other analysts view this stock.
- JP Morgan analyst Stephen Tusa downgraded Altair Engineering Inc. (NASDAQ:ALTR) from Overweight to Neutral and announced a price target of $95. Altair Engineering shares rose 1% to settle at $100.25 on Friday. See how other analysts view this stock. See how other analysts view this stock.
- Jefferies analyst Peter Abramowitz downgraded the rating for Armada Hoffler Properties, Inc. (NYSE:AHH) from Buy to Hold and slashed the price target from $13 to $11. Armada Hoffler Properties shares gained 3.2% to close at $11.72 on Friday. See how other analysts view this stock.
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Posted In: AHH ALTR BP CTAS TRV
