This Caterpillar Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Canaccord Genuity analyst Richard Close downgraded the rating for Doximity, Inc. DOCS from Buy to Hold but raised the price target from $40 to $60. Doximity shares closed at $58.05 on Tuesday. See how other analysts view this stock.
Ladenburg Thalmann analyst Glenn Mattson downgraded SoundHound AI, Inc. SOUN from Buy to Neutral and maintained the price target of $7. SoundHound AI shares closed at $7.56 on Tuesday. See how other analysts view this stock.
Phillip Securities analyst Jonathan Wolleben downgraded the rating for Spotify Technology S.A. SPOT from Buy to Accumulate but raised the price target from $420 to $485. Spotify shares closed at $419.39 on Tuesday. See how other analysts view this stock.
Redburn Atlantic analyst Edward Lewis downgraded Starbucks Corporation SBUX from Neutral to Sell and lowered the price target from $84 to $77. Starbucks shares closed at $98.80 on Tuesday. See how other analysts view this stock.
Evercore ISI Group analyst David Raso downgraded the rating for Caterpillar Inc. CAT from In-Line to Underperform but increased the price target from $321 to $365. Caterpillar shares closed at $393.01 on Tuesday. See how other analysts view this stock.