Today's most important downgrades

January 23, 2023 4:44 PM UTC
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Price: $50.84 +1.03%

Rating Summary:
    15 Buy, 12 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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BofA Securities downgraded FirstEnergy Corp. (NYSE: FE) to Underperform from Neutral and cut its price target to $38.00 from $41.00. Shares closed more than 2% lower today.

JPMorgan downgraded Levi Strauss & Co. (NYSE: LEVI) to Neutral from Overweight and cut its price target to $17.00 from $19.00.

Citi downgraded Euronet Worldwide (NASDAQ: EEFT) to Neutral from Buy while raising its price target to $117.00 from $98.00.

Deutsche Bank downgraded CrowdStrike Holdings (NASDAQ: CRWD) to Hold from Buy and cut its price target to $115.00 from $150.00.

MKM Partners downgraded RingCentral (NYSE: RNG) to Neutral from Buy with a price target of $40.00.

Exane BNP Paribas downgraded PPG Industries (NYSE: PPG) to Neutral from Outperform and cut its price target to $130.00 from $139.00.

Guggenheim downgraded Northwestern Corp. (NASDAQ: NWE) to Sell from Neutral and cut its price target to $46.00 from $71.00.

By Davit Kirakosyan

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