This Gartner Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Avi Kapoor 4 hours ago
MarketsTrading IdeasNewsAnalyst RatingsDowngrades
Wall Street analysts downgraded Amdocs, Flagstar Bank, Gartner, Driven Brands; Gartner and Flagstar targets were cut.
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.
- Oppenheimer analyst Timothy Horan downgraded Amdocs Ltd (NASDAQ:DOX) from Outperform to Perform. Amdocs closed at $62.43 on Tuesday. See how other analysts view this stock.
- Morgan Stanley analyst Manan Gosalia downgraded Flagstar Bank, National Association (NYSE:FLG) from Overweight to Underweight and cut the price target from $15 to $12. Flagstar Bank Femsa shares closed at $10.54 on Tuesday. See how other analysts view this stock.
- Truist Securities analyst Jasper Bibb downgraded Gartner Inc (NYSE:IT) from Buy to Hold and slashed the price target from $235 to $210. Gartner closed at $204.22 on Tuesday. See how other analysts view this stock.
- BTIG analyst Marvin Fong downgraded Driven Brands Holdings Inc (NASDAQ:DRVN) from Buy to Neutral. Driven Brands shares closed at $11.28 on Tuesday. See how other analysts view this stock.
- B. Riley Securities analyst Griffin Boss downgraded Phoenix Education Partners Inc (NYSE:PXED) from Buy to Neutral and lowered the price target from $44 to $36. Phoenix Education closed at $23.39 on Tuesday. See how other analysts view this stock.
Considering buying IT stock? Here’s what analysts think:
Photo via Shutterstock