This Lululemon Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Author: Avi Kapoor | August 02, 2024 08:15am

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

Baird analyst Rob Oliver downgraded the rating for Atlassian Corporation (NASDAQ:TEAM) from Outperform to Neutral, while cutting the price target from $230 to $175. Atlassian shares fell 1.9% to close at $173.24 on Thursday. See how other analysts view this stock.
Goldman Sachs analyst Brooke Roach downgraded Lululemon Athletica Inc. (NASDAQ:LULU) from Buy to Neutral, while cutting the price target from $463 to $286. Lululemon shares fell 3.7% to settle at $249.05 on Thursday. See how other analysts view this stock.
B of A Securities analyst Vivek Arya downgraded the rating for Intel Corporation (NASDAQ:INTC) from Neutral to Underperform, while slashing the price target from $35 to $23. Intel shares fell 5.5% to close at $29.05 on Thursday. See how other analysts view this stock.
Deutsche Bank analyst Brian Bedell downgraded Intercontinental Exchange, Inc. (NYSE:ICE) from Buy to Hold and cut the price target from $155 to $152, while lowering the price target from $25 to $18. Intercontinental Exchange shares fell 0.4% to close at $151.00 on Thursday. See how other analysts view this stock.
DA Davidson analyst Gil Luria downgraded the rating for Procore Technologies, Inc. (NYSE:PCOR) from Buy to Neutral, while lowering the price target from $90 to $60. Procore Technologies shares fell 5.4% to settle at $67.22 on Thursday. See how other analysts view this stock. See how other analysts view this stock.