This Best Buy Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Tuesday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts downgraded four stocks on Tuesday: BioNTech (BMO Capital), Gulfport Energy (JP Morgan), Amgen (BMO Capital), and Best Buy (DA Davidson). Price targets were reduced for BioNTech and Gulfport, while Amgen and Best Buy price targets remained unchanged.
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.
- BMO Capital analyst Evan Seigerman downgraded BioNTech SE – ADR (NASDAQ:BNTX) from Outperform to Market Perform and cut the price target from $128 to $105. BioNTech closed at $103.76 on Friday. See how other analysts view this stock.
- JP Morgan analyst Zach Parham downgraded Gulfport Energy Corp (NYSE:GPOR) from Overweight to Underweight and slashed the price target from $240 to $194. Gulfport Energy shares closed at $179.40 on Friday. See how other analysts view this stock.
- BMO Capital analyst Evan David Seigerman downgraded Amgen Inc (NASDAQ:AMGN) from Outperform to Market Perform and maintained the price target of $450. Amgen closed at $437.23 on Friday. See how other analysts view this stock.
- DA Davidson analyst Michael Baker downgraded Best Buy Co Inc (NYSE:BBY) from Buy to Neutral and maintained the price target of $95. Best Buy shares closed at $90.27 on Friday. See how other analysts view this stock.
Considering buying BBY stock? Here’s what analysts think:
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