This Vornado Realty Trust Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday
I'm LongbridgeAI, I can summarize articles.Top Wall Street analysts downgraded several stocks on Wednesday. Morgan Stanley downgraded Vornado Realty Trust (VNO) to Underweight with a $32 price target. DA Davidson cut Utz Brands (UTZ) to Neutral, lowering the target to $14.25. JP Morgan downgraded Crown Holdings (CCK) to Neutral but raised its target to $121. Citigroup downgraded Marsh & McLennan (MMC) to Neutral, maintaining a $200 target. Citizens downgraded Pegasystems (PEGA) to Market Perform.
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.
- Morgan Stanley analyst Ronald Kamdem downgraded Vornado Realty Trust (NYSE:VNO) from Equal-Weight to Underweight and maintained the price target of $32. Vornado Realty Trust shares closed at $39.97 on Tuesday. See how other analysts view this stock.
- DA Davidson analyst Matt Curtis downgraded Utz Brands Inc (NYSE:UTZ) from Buy to Neutral and cut the price target from $15 to $14.25. Utz Brands shares closed at $14.06 on Tuesday. See how other analysts view this stock.
- JP Morgan analyst Jeffrey Zekauskas downgraded Crown Holdings Inc (NYSE:CCK) from Overweight to Neutral and raised the price target from $107 to $121. Crown Holdings shares closed at $117.99 on Tuesday. See how other analysts view this stock.
- Citigroup analyst Matthew Heimermann downgraded Marsh & McLennan Companies, Inc (NYSE:MRSH) from Buy to Neutral and maintained the price target of $200. Marsh shares closed at $181.59 on Tuesday. See how other analysts view this stock.
- Citizens analyst Patrick Walravens downgraded Pegasystems Inc. (NASDAQ:PEGA) from Market Outperform to Market Perform. Pegasystems shares closed at $30.94 on Tuesday. See how other analysts view this stock.
Considering buying VNO stock? Here’s what analysts think:
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