This Cisco Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts downgraded five stocks on Friday: T-Mobile (TMUS) by Wolfe Research, Cisco Systems (CSCO) by HSBC, SoundThinking (SSTI) and Accelerant Holdings (ARX) by Citizens, and Cinemark Holdings (CNK) by JP Morgan. These changes reflect a shift in analyst sentiment for these major names.
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.
- Wolfe Research analyst Peter Supino downgraded T-Mobile US Inc (NASDAQ:TMUS) from Outperform to Peer Perform. T-Mobile closed at $183.38 on Thursday. See how other analysts view this stock.
- HSBC analyst Stephen Bersey downgraded Cisco Systems Inc (NASDAQ:CSCO) from Buy to Hold and cut the price target from $137 to $120. Cisco shares closed at $113.47 on Thursday. See how other analysts view this stock.
- Citizens analyst Trevor Walsh downgraded SoundThinking Inc (NASDAQ:SSTI) from Market Outperform to Market Perform. SoundThinking closed at $8.27 on Thursday. See how other analysts view this stock.
- JP Morgan analyst David Karnovsky downgraded Cinemark Holdings, Inc. (NYSE:CNK) from Overweight to Neutral and cut the price target from $40 to $39. Cinemark shares closed at $37.66 on Thursday. See how other analysts view this stock.
- Citizens analyst Matthew J. Carletti downgraded Accelerant Holdings (NYSE:ARX) from Market Outperform to Market Perform. Accelerant Hldgs closed at $19.51 on Thursday. See how other analysts view this stock.
Considering buying CSCO stock? Here’s what analysts think:
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