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

Wall Street analysts downgraded five stocks on Thursday. Goldman Sachs downgraded MSG Entertainment to Neutral; Wells Fargo downgraded Packaging Corp of America to Equal-Weight; Keybanc downgraded Salesforce to Sector Weight; KBW downgraded First Citizens BancShares to Market Perform; and Mizuho downgraded Tractor Supply to Neutral with a lowered price 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.

Goldman Sachs analyst Stephen Laszczyk downgraded Madison Square Garden Entertainment Corp (NYSE:MSGE) from Buy to Neutral and raised the price target from $72 to $82. Madison Square Garden shares closed at $74.77 on Wednesday. See how other analysts view this stock.
Wells Fargo analyst Gabe Hajde downgraded Packaging Corp Of America (NYSE:PKG) from Overweight to Equal-Weight and raised the price target from $245 to $246. Packaging Corp shares closed at $224.46 on Wednesday. See how other analysts view this stock.
Keybanc analyst Jackson Ader downgraded Salesforce Inc (NYSE:CRM) from Overweight to Sector Weight. Salesforce shares closed at $166.58 on Wednesday. See how other analysts view this stock.
Keefe, Bruyette & Woods analyst Christopher Mcgratty downgraded First Citizens BancShares Inc (NASDAQ:FCNCA) from Outperform to Market Perform and maintained the price target of $2,300. First Citizens BancShares shares closed at $2,044.62 on Wednesday. See how other analysts view this stock.
Mizuho analyst David Bellinger downgraded Tractor Supply Co (NASDAQ:TSCO) from Outperform to Neutral and cut the price target from $50 to $32. Tractor Supply shares closed at $29.58 on Wednesday. See how other analysts view this stock.

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

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Goldman Sachs analyst Stephen Laszczyk downgraded Madison Square Garden Entertainment Corp (NYSE:MSGE) from Buy to Neutral and raised the price target from $72 to $82. Madison Square Garden shares closed at $74.77 on Wednesday. See how other analysts view this stock.
Wells Fargo analyst Gabe Hajde downgraded Packaging Corp Of America (NYSE:PKG) from Overweight to Equal-Weight and raised the price target from $245 to $246. Packaging Corp shares closed at $224.46 on Wednesday. See how other analysts view this stock.
Keybanc analyst Jackson Ader downgraded Salesforce Inc (NYSE:CRM) from Overweight to Sector Weight. Salesforce shares closed at $166.58 on Wednesday. See how other analysts view this stock.
Keefe, Bruyette & Woods analyst Christopher Mcgratty downgraded First Citizens BancShares Inc (NASDAQ:FCNCA) from Outperform to Market Perform and maintained the price target of $2,300. First Citizens BancShares shares closed at $2,044.62 on Wednesday. See how other analysts view this stock.
Mizuho analyst David Bellinger downgraded Tractor Supply Co (NASDAQ:TSCO) from Outperform to Neutral and cut the price target from $50 to $32. Tractor Supply shares closed at $29.58 on Wednesday. See how other analysts view this stock.

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

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