This Walmart Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts downgraded five stocks on Tuesday: Atkore (ATKR) from Buy to Neutral, Cigna (CI) from Buy to Hold, Nike (NKE) from Neutral to Underweight, Walmart (WMT) from Outperform to Perform, and Olin Corp (OLN) from Overweight to Equal-Weight. Price targets were adjusted accordingly for each company.
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.
- Roth Capital analyst Justin Clare downgraded Atkore Inc (NYSE:ATKR) from Buy to Neutral and raised the price target from $85 to $92. Atkore closed at $93.55 on Monday. See how other analysts view this stock.
- Jefferies analyst David Windley downgraded Cigna Group (NYSE:CI) from Buy to Hold and slashed the price target from $336 to $307. Cigna shares closed at $282.06 on Monday. See how other analysts view this stock.
- JP Morgan analyst Matthew Boss downgraded Nike Inc (NYSE:NKE) from Neutral to Underweight and cut the price target from $47 to $40. Nike closed at $42.64 on Monday. See how other analysts view this stock.
- Oppenheimer analyst Rupesh Parikh downgraded Walmart Inc (NASDAQ:WMT) from Outperform to Perform. Walmart shares closed at $110.71 on Monday. See how other analysts view this stock.
- Wells Fargo analyst Abigail Eberts downgraded Olin Corp (NYSE:OLN) from Overweight to Equal-Weight and slashed the price target from $25 to $20. Olin shares closed at $18.62 on Monday. See how other analysts view this stock.
Considering buying WMT stock? Here’s what analysts think:
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