This Starbucks Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Author: Avi Kapoor | July 16, 2024 09:54am
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.
- Evercore ISI Group analyst David Palmer downgraded Starbucks Corporation (NASDAQ:SBUX) from Outperform to In-Line, while cutting the price target from $92 to $80. Starbucks shares fell 2.8% to settle at $72.75 on Monday. See how other analysts view this stock. See how other analysts view this stock.
- Piper Sandler analyst Peter Keith downgraded the rating for Dollar Tree, Inc. (NASDAQ:DLTR) from Overweight to Neutral, while lowering the price target from $143 to $112. Dollar Tree shares fell 3.3% to close at $103.83 on Monday. See how other analysts view this stock.
- Mizuho analyst Gregg Moskowitz downgraded Zscaler, Inc. (NASDAQ:ZS) from Outperform to Neutral, while maintaining the price target of $220. Zscaler shares rose 1.3% to close at $204.47 on Monday. See how other analysts view this stock.
- Loop Capital analyst Alan Gould downgraded the rating for Reddit, Inc. (NYSE:RDDT) from Buy to Hold and maintained the price target of $75. Reddit shares fell 1.2% to close at $72.98 on Monday. See how other analysts view this stock.
- Evercore ISI Group analyst Matt McGinley downgraded the rating for Yum! Brands, Inc. (NYSE:YUM) from Outperform to In-Line and lowered the price target from $160 to $145. Yum Brands shares fell 2.6% to close at $127.89 on Monday. See how other analysts view this stock.
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Posted In: DLTR RDDT SBUX YUM ZS