This Apogee Therapeutics Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts downgraded five stocks on Wednesday. Raymond James downgraded On Holding (ONON) to Outperform with a $38 target. Deutsche Bank downgraded Atai Life Sciences (ATAI) to Hold with an $8 target. BTIG downgraded Apogee Therapeutics (APGE) to Neutral. Oppenheimer downgraded Legend Biotech (LEGN) to Perform with a $40 target. China Renaissance downgraded Tencent Music (TME) to Hold with a $9.30 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.
- Raymond James analyst Rick Patel downgraded On Holding AG (NYSE:ONON) from Strong Buy to Outperform and cut the price target from $52 to $38. On Holding closed at $30.91 on Tuesday. See how other analysts view this stock.
- Deutsche Bank analyst David Hoang downgraded AtaiBeckley Inc (NASDAQ:ATAI) from Buy to Hold and slashed the price target from $12 to $8. AtaiBeckley shares closed at $7.21 on Tuesday. See how other analysts view this stock.
- BTIG analyst Julian Harrison downgraded Apogee Therapeutics Inc (NASDAQ:APGE) from Buy to Neutral. Apogee Therapeutics closed at $134.69 on Tuesday. See how other analysts view this stock.
- Oppenheimer analyst Trevor Allred downgraded Legend Biotech Corporation (NASDAQ:LEGN) from Outperform to Perform and lowered the price target from $75 to $40. Legend Biotech shares closed at $21.83 on Tuesday. See how other analysts view this stock.
- China Renaissance analyst Yiwen Zhang downgraded Tencent Music Entertainment Group (NYSE:TME) from Buy to Hold and announced a $9.3 price target. Tencent Music closed at $8.72 on Tuesday. See how other analysts view this stock.
Considering buying APGE stock? Here’s what analysts think:
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