This Qualcomm Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday

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.

• Seaport Global analyst Jay Goldberg downgraded QUALCOMM Incorporated (NASDAQ:QCOM) from Neutral to Sell and announced a $100 price target. Qualcomm shares closed at $129.82 on Friday. See how other analysts view this stock.
• Argus Research analyst Joseph Bonner downgraded Adobe Inc. (NASDAQ:ADBE) from Buy to Hold. Adobe shares closed at $249.32 on Friday. See how other analysts view this stock.
• Barclays analyst Manav Patnaik downgraded KinderCare Learning Companies Inc (NYSE:KLC) from Equal-Weight to Underweight and lowered the price target from $6 to $2. KinderCare Learning shares closed at $1.95 on Friday. See how other analysts view this stock.
• UBS analyst Mark Freshney downgraded National Grid Plc (NYSE:NGG) from Neutral to Sell. National Grid shares closed at $90.90 on Friday. See how other analysts view this stock.
• Jefferies analyst Faisal Khurshid downgraded Incyte Corp (NASDAQ:INCY) from Buy to Hold and cut the price target from $120 to $94. Incyte shares closed at $92.54 on Friday. See how other analysts view this stock.

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

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