This Nike Analyst Turns Bearish; Here Are Top 5 Downgrades For Friday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts downgraded five stocks on Friday: Nike (B of A), Comcast (Keybanc), Restaurant Brands International (Argus), Twilio (HSBC), and Gulfport Energy (Jefferies). The downgrades reflect a bearish outlook, with significant price target cuts for Nike and Gulfport Energy.
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.
- B of A Securities analyst Lorraine Hutchinson downgraded Nike Inc (NYSE:NKE) from Neutral to Underperform and cut the price target from $47 to $30. Nike closed at $35.99 on Thursday. See how other analysts view this stock.
- Keybanc analyst Brandon Nispel downgraded Comcast Corp (NASDAQ:CMCSA) from Sector Weight to Underweight and announced a price target of $18. Comcast shares closed at $22.13 on Thursday. See how other analysts view this stock.
- Argus Research analyst John Staszak downgraded Restaurant Brands International Inc (NYSE:QSR) from Buy to Hold. Restaurant Brands closed at $70.91 on Thursday. See how other analysts view this stock.
- HSBC analyst Stephen Bersey downgraded Twilio Inc (NYSE:TWLO) from Hold to Reduce and announced a $211 price target. Twilio shares closed at $299.66 on Thursday. See how other analysts view this stock.
- Jefferies analyst John Edelman downgraded Gulfport Energy Corporation (NYSE:GPOR) from Buy to Hold and lowered the price target from $239 to $180. Gulfport Energy closed at $161.91 on Thursday. See how other analysts view this stock.
Considering buying NKE stock? Here’s what analysts think:
Photo via Shutterstock