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.