This Snowflake Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

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.

• Wells Fargo analyst Michael Turrin downgraded the rating for Snowflake Inc. SNOW from Overweight to Equal-Weight and lowered the price target from $200 to $130. Snowflake shares gained 0.2% to close at $127.30 on Wednesday. See how other analysts view this stock.
• JP Morgan analyst Eric Joseph downgraded the rating for bluebird bio, Inc. BLUE from Overweight to Neutral. bluebird bio shares fell 23.1% to close at $0.8149 on Wednesday. See how other analysts view this stock.
• B of A Securities analyst Peter Galbo downgraded Pilgrim’s Pride Corporation PPC from Buy to Neutral and maintained the price target of $47. Pilgrims Pride shares gained 3.3% to close at $45.69 on Wednesday. See how other analysts view this stock.
• Raymond James analyst Adam Tindle downgraded the rating for ScanSource, Inc. SCSC from Outperform to Market Perform. ScanSource shares fell 0.6% to settle at $48.02 on Wednesday. See how other analysts view this stock.
• Sidoti & Co. analyst Anja Soderstrom downgraded Kimball Electronics, Inc. KE from Buy to Neutral and announced a price target of $19. Kimball Electronics shares fell 10.6% to close at $18.28 on Wednesday. See how other analysts view this stock. See how other analysts view this stock.

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Considering buying SNOW stock? Here’s what analysts think: