by div write | Apr 2, 2025 | Downgrades
🔻 On April 2, 2025, Raymond James shifted its rating on Truist Financial from ‘Outperform’ to ‘Market Perform.’ The downgrade follows Truist’s cautious tone in its revised Q1 outlook, which flagged headwinds across loan growth and fee-based revenue, leading analysts...
by div write | Apr 2, 2025 | Downgrades
UBS has taken a sharply more cautious stance on $CRBG, downgrading Corebridge Financial from “Buy” to “Sell” and slashing its price target from $40 to $28. The shift signals growing concerns about near-term earnings visibility and asset under...
by div write | Apr 1, 2025 | Downgrades
Melius Research sent a clear signal on April 1, 2025, by downgrading $KR from Hold to Sell, placing a new price target of $58 on the grocery giant. The firm cited intensifying competitive headwinds, particularly from Walmart, which has been steadily regaining ground...
by div write | Apr 1, 2025 | Downgrades
Rogers Communications was dealt a blow on April 1, 2025, as Scotiabank revised its rating on the stock from Sector Outperform to Sector Perform, accompanied by a price target cut from C$58 to C$50. The shift reflects growing concerns over Rogers’ ability to...
by div write | Apr 1, 2025 | Downgrades
On April 1, 2025, Goldman Sachs downgraded Genuine Parts Company from Neutral to Sell and slashed its price target from $133 to $114. The downgrade comes as warning signs mount across multiple segments of $GPC’s business, notably its core NAPA division and European...
by div write | Mar 31, 2025 | Downgrades
CMA has been moved from ‘Overweight’ to ‘Equal-Weight’ by Stephens, with its price target adjusted down from $66 to $64. The downgrade reflects tempered expectations for near-term growth, particularly as macroeconomic uncertainties cloud visibility into Comerica’s...