This Dollar General Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday (CORRECTED)

Author: Avi Kapoor | August 30, 2024 02:02pm

Editor’s note: This story has been corrected to reflect that analyst Koji Ikeda covers Elastic N.V. for Bank of America Securities.

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.

• B of A Securities analyst Koji Ikeda downgraded the rating for Elastic N.V. (NYSE:ESTC) from Buy to Neutral and lowered the price target from $140 to $94. Elastic shares gained 0.6% to close at $103.64 on Thursday. See how other analysts view this stock.
• Gordon Haskett analyst Chuck Grom downgraded Dollar General Corporation (NYSE:DG) from Buy to Hold and announces $90 price target. Dollar General shares fell 32.2% to close at $84.03 on Thursday. See how other analysts view this stock.
• TD Cowen analyst Oliver Chen downgraded the rating for Kohl’s Corporation (NYSE:KSS) from Buy to Hold and lowered the price target from $25 to $21. Kohl’s shares rose 0.6% to close at $19.77 on Thursday. See how other analysts view this stock.
• Stifel analyst Selman Akyol downgraded the rating for EnLink Midstream, LLC (NYSE:ENLC) from Buy to Hold and maintained the price target of $15. EnLink Midstream shares gained 9.4% to settle at $14.40 on Thursday. See how other analysts view this stock.
• CLSA analyst Leo You downgraded Baozun Inc. (NASDAQ:BZUN) from Outperform to Hold and cut the price target from $2.8 to $2.2. Baozun shares gained 4.5% to close at $2.32 on Thursday. See how other analysts view this stock.

Considering buying DG stock? Here’s what analysts think:

Posted In: BZUN DG ENLC ESTC KSS