This Apple Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday
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Top Wall Street analysts have downgraded several stocks. B of A's Ken Hoexter downgraded FedEx from Buy to Neutral, lowering the price target to $240. Lake Street's Mark Smith downgraded Potbelly from Buy to Hold, raising the target to $17.12. Hoexter also downgraded UPS from Neutral to Underperform with a target of $83. Phillip Securities' Helena Wang downgraded Apple from Neutral to Reduce, setting a target of $200. Truist's Michael Lewis downgraded Elme Communities from Buy to Hold, cutting the target to $2.
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