This Copart Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

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Wall Street analysts downgraded five stocks on Thursday: SentinelOne (S), Fluence Energy (FLNC), Copart (CPRT), Palo Alto Networks (PANW), and Pegasystems (PEGA). Bernstein downgraded SentinelOne to Market Perform with a $25 target, Baird cut Fluence Energy to Underperform with a $3 target, HSBC lowered Copart to Hold with a $36 target, Bernstein downgraded Palo Alto Networks to Market Perform with a $351 target, and JP Morgan reduced Pegasystems to Neutral with a $47 target.

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.

  • Bernstein analyst Peter Weed downgraded SentinelOne Inc (NYSE:S) from Outperform to Market Perform and raised the price target from $21 to $25. SentinelOne closed at $23.17 on Wednesday. See how other analysts view this stock.
  • Baird analyst George Gianarikas downgraded Fluence Energy Inc (NASDAQ:FLNC) from Neutral to Underperform and slashed the price target from $10 to $3. Fluence Energy shares closed at $9.05 on Wednesday. See how other analysts view this stock.
  • HSBC analyst Wesley Brooks downgraded Copart Inc (NASDAQ:CPRT) from Buy to Hold and announced a $36 price target. Copart closed at $30.82 on Wednesday. See how other analysts view this stock.
  • Bernstein analyst Peter Weed downgraded Palo Alto Networks Inc (NASDAQ:PANW) from Outperform to Market Perform and raised the price target from $253 to $351. Palo Alto shares closed at $375.65 on Wednesday. See how other analysts view this stock.
  • JP Morgan analyst Alexei Gogolev downgraded Pegasystems Inc (NASDAQ:PEGA) from Overweight to Neutral and cut the price target from $54 to $47. Pegasystems closed at $36.84 on Wednesday. See how other analysts view this stock.

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

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