Stock Analysts’ downgrades for Wednesday, February 5th:
Automatic Data Processing (NASDAQ:ADP) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
American Eagle Outfitters (NYSE:AEO) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating. Morgan Stanley currently has $17.00 price target on the stock, down from their previous price target of $19.00.
Albemarle (NYSE:ALB) was downgraded by analysts at Evercore ISI from an outperform rating to an inline rating.
Aspen Technology (NASDAQ:AZPN) was downgraded by analysts at Loop Capital from a buy rating to a hold rating. The firm currently has $265.00 target price on the stock, up from their previous target price of $260.00.
Biglari (NYSE:BH) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Copa (NYSE:CPA) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
8X8 (NASDAQ:EGHT) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
FMC (NYSE:FMC) was downgraded by analysts at Royal Bank of Canada from an outperform rating to a sector perform rating. They currently have $47.00 target price on the stock, down from their previous target price of $78.00.
General Motors (NYSE:GM) (TSE:GMM.U) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Grab (NASDAQ:GRAB) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating.
Houlihan Lokey (NYSE:HLI) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
H World Group (NASDAQ:HTHT) was downgraded by analysts at HSBC Holdings plc from a buy rating to a hold rating. The firm currently has $32.40 target price on the stock.
Hurco Companies (NASDAQ:HURC) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Iradimed (NASDAQ:IRMD) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
ITT (NYSE:ITT) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Mplx (NYSE:MPLX) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Ferrari (NYSE:RACE) was downgraded by analysts at Barclays PLC from an overweight rating to an equal weight rating.
Snap (NYSE:SNAP) was downgraded by analysts at Wells Fargo & Company from an overweight rating to an equal weight rating. Wells Fargo & Company currently has $11.00 target price on the stock, down from their previous target price of $15.00.
Steel Dynamics (NASDAQ:STLD) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
STMicroelectronics (NYSE:STM) was downgraded by analysts at Sanford C. Bernstein from an outperform rating to a market perform rating. They currently have $26.00 price target on the stock, down from their previous price target of $33.00.
Toyota Motor (NYSE:TM) was downgraded by analysts at CLSA from an outperform rating to a hold rating.
Transcat (NASDAQ:TRNS) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Turnstone Biologics (NASDAQ:TSBX) was downgraded by analysts at Piper Sandler from an overweight rating to a neutral rating. They currently have $0.40 price target on the stock, down from their previous price target of $3.75.
Xerox (NYSE:XRX) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
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