This Check Point Software Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts downgraded five major stocks on Wednesday. Piper Sandler's Paul Newsome downgraded AIG, Aon, and Hanover Insurance from Overweight to Neutral. Raymond James' Adam Tindle downgraded Check Point Software from Outperform to Market Perform. UBS' Brian Meredith downgraded Allstate from Buy to Neutral. Price targets were adjusted accordingly for most companies.
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.
- Piper Sandler analyst Paul Newsome downgraded American International Group Inc (NYSE:AIG) from Overweight to Neutral and lowered the price target from $88 to $80. AIG shares closed at $79.00 on Tuesday. See how other analysts view this stock.
- Raymond James analyst Adam Tindle downgraded Check Point Software Technologies Ltd (NASDAQ:CHKP) from Outperform to Market Perform. Check Point shares closed at $137.02 on Tuesday. See how other analysts view this stock.
- Piper Sandler analyst Paul Newsome downgraded Aon PLC (NYSE:AON) from Overweight to Neutral and raised the price target from $355 to $377. Aon shares closed at $358.89 on Tuesday. See how other analysts view this stock.
- UBS analyst Brian Meredith downgraded Allstate Corp (NYSE:ALL) from Buy to Neutral and raised the price target from $255 to $261. Allstate Home shares closed at $250.35 on Tuesday. See how other analysts view this stock.
- Piper Sandler analyst Paul Newsome downgraded Hanover Insurance Group Inc (NYSE:THG) from Overweight to Neutral and maintained the price target of $220. Hanover Insurance shares closed at $214.16 on Tuesday. See how other analysts view this stock.
Considering buying CHKP stock? Here’s what analysts think:
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