---
title: "This AppLovin Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295534000.md"
description: "Wall Street analysts downgraded several stocks on Tuesday. Keefe, Bruyette & Woods downgraded Marketaxess (MKTX) to Market Perform with a $167 target. B of A downgraded AppLovin (APP) to Neutral, cutting the target to $400. Barclays downgraded Gap (GAP) to Equal-Weight ($20 target) and Under Armour (UAA) to Underweight ($5 target). Oppenheimer also downgraded Varex Imaging (VREX) to Perform."
datetime: "2026-08-11T12:04:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295534000.md)
  - [en](https://longbridge.com/en/news/295534000.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295534000.md)
generator: "portal-rs"
---

# This AppLovin Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

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.

-   Keefe, Bruyette & Woods analyst Chris Allen downgraded **Marketaxess Holdings Inc** (NASDAQ:MKTX) from Outperform to Market Perform and raised the price target from $150 to $167. MarketAxess closed at $162.50 on Monday. See how other analysts view this stock.
-   B of A Securities analyst Omar Dessouky downgraded **AppLovin Corp** (NASDAQ:APP) from Buy to Neutral and slashed the price target from $430 to $400. AppLovin shares closed at $339.00 on Monday. See how other analysts view this stock.
-   Barclays analyst Adrienne Yih downgraded **Gap Inc** (NYSE:GAP) from Overweight to Equal-Weight and cut the price target from $26 to $20. Gap closed at $21.51 on Monday. See how other analysts view this stock.
-   Barclays analyst Adrienne Yih downgraded **Under Armour Inc** (NYSE:UAA) from Equal-Weight to Underweight and maintained the price target of $5. Under Armour shares closed at $5.87 on Friday. See how other analysts view this stock.
-   Oppenheimer analyst Suraj Kalia downgraded **Varex Imaging Corp** (NASDAQ:VREX) from Outperform to Perform. Varex Imaging closed at $18.46 on Monday. See how other analysts view this stock.

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

*Photo via Shutterstock*

### Related Stocks

- [APP.US](https://longbridge.com/en/quote/APP.US.md)
- [UA.US](https://longbridge.com/en/quote/UA.US.md)
- [GAP.US](https://longbridge.com/en/quote/GAP.US.md)
- [UAA.US](https://longbridge.com/en/quote/UAA.US.md)
- [VREX.US](https://longbridge.com/en/quote/VREX.US.md)
- [MKTX.US](https://longbridge.com/en/quote/MKTX.US.md)
- [APPX.US](https://longbridge.com/en/quote/APPX.US.md)

## Related News & Research

- [Gap surges as analysts see Old Navy recovery, new CEO as catalysts](https://longbridge.com/en/news/297334293.md)
- [Gap Analysts Raise Their Forecasts After Better-Than-Expected Q2 Earnings](https://longbridge.com/en/news/297338873.md)
- [Globeflex Capital L P Invests $826,000 in Varex Imaging $VREX](https://longbridge.com/en/news/296879471.md)
- [Gap Just Made a Big Bet on Fixing Old Navy](https://longbridge.com/en/news/297355450.md)
- [Earnings To Watch: Gap (GAP) Reports Q2 Results Tomorrow](https://longbridge.com/en/news/296979690.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**