This General Motors Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Author: Avi Kapoor | July 24, 2024 08:38am
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 Adam Jonas downgraded the rating for General Motors Company (NYSE:GM) from Overweight to Equal-Weight, but increased the price target from $46 to $47. General Motors shares fell 6.4% to settle at $46.38 on Tuesday. See how other analysts view this stock. See how other analysts view this stock.
- Jefferies analyst Kaumil Gajrawala downgraded The Procter & Gamble Company (NYSE:PG) from Buy to Hold, while cutting the price target from $182 to $175. Procter & Gamble shares fell 1% to close at $166.62 on Tuesday. See how other analysts view this stock.
- UBS analyst Jay Sole downgraded the rating for Boot Barn Holdings, Inc. (NYSE:BOOT) from Buy to Neutral, while slashing the price target from $140 to $125. Boot Barn shares fell 1% to close at $122.54 on Tuesday. See how other analysts view this stock.
- Piper Sandler analyst Korinne Wolfmeyer downgraded Ulta Beauty, Inc. (NASDAQ:ULTA) from Overweight to Neutral and slashed the price target from $494 to $404. Ulta Beauty shares fell 0.6% to close at $389.29 on Tuesday. See how other analysts view this stock.
- Citigroup analyst Keith Horowitz downgraded the rating for Truist Financial Corporation (NYSE:TFC) from Buy to Neutral, but raised the price target from $45 to $47. Truist Finl shares rose 0.9% to close at $44.15 on Tuesday. See how other analysts view this stock.
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